FY2022 Adopted Operating and Capital Budget

FY2022 Adopted Budget Fund Budgets

School Construction

School Construction This fund records the collections of recordation taxes dedicated to the construction of schools. Funds are then transferred to the Capital Projects Fund or the Debt Service Fund to assist in this goal. A portion of the County's recordation tax revenue is dedicated to support school construction. Effective October 1, 2020, the recordation tax was increased from $6/$500 of consideration to $7/$500 of consideration. The $1 increase is dedicated to agriculture preservation. This will not have an effect on the overall revenue dedicated to this fund but will decrease the percentage from 16.667% to 14.29%.

Budget Highlights The FY22 Budget is consistent with the FY21 Adopted Budget with only minor changes.

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