FY2022 Adopted Operating and Capital Budget

FY2022 Adopted Budget Fund Budgets

Debt

Debt Obligations Presented below is the estimated debt service by fund for FY2021 and FY2022. The County is planning on issuing bonds that are currently budgeted in the summer of 2021. Other than the Agricultural Preservation and the Hotel Room Rental Tax funds, all debt is used to support capital projects and some capital equipment leases.

Principal Balance

Principal Balance

FY2021 Estimated

FY2022 Budgeted

6/30/2020 Principal Interest Additions Principal Interest Additions 6/30/2022 in '000s

General Fund

391,245

30,972

14,645

7,830

32,150

16,379

174,000

502,123

Special Revenue Funds

Agricultural Preservation Hotel Room Rental Tax

48,086 1,347 13,432 19,339 34,238 30,662 8,586 125,129 672,064

771 115 445

2,075

1,204

1,819

2,192

45,496 1,112 16,519 15,966 34,506 27,642 5,204 100,021

53

120 468

48

Parks Acquisition & Development Impact Fees/School Mitigation Enterprise Funds Comprehensive Care Facilities Solid Waste Management Water & Sewer Management School Construction

501 599

548 531

4,000 2,800 5,300

4,743 2,458

1,430 2,574

1,572

1,540

1,497 1,994 13,068 56,063

817 245

1,523 1,388 14,040 55,512

751 187

3,661

3,245

2,000

Presented below is the estimated future payments of debt service as of 6/30/2020 and does not take into effect any additional debt for FY0221 or FY2022. 748,589 Source: 6/30/2020 from the FY2020 Comprehensive Annual Financial Report (Bond Payable, Notes fromDirect Borrowing and Direct Placements, Capital Leases, and Installment Purchase Agreements). The FY2021 figures are estimates and FY2022 are budgeted amounts and estimates. TOTAL 24,168 9,034 25,421 188,100

Total Requirement

Principal Interest

in '000s

2021 2022 2023 2024 2025

56,063 44,195 49,876 45,417 46,544 216,520 133,876 79,574 672,065

24,168 22,131 20,469 18,436 16,468 55,975 21,211 4,611 183,469

80,231 66,326 70,345 63,853 63,012 272,495 155,087 84,185 855,534

2026 2030 2031 2035 2036 2040

TOTAL

Source: 6/30/2020 from the FY2020 Comprehensive Annual Financial Report (Bond Payable, Notes fromDirect Borrowing and Direct Placements, Capital Leases, and Installment Purchase Agreements).

75