FY2023 Adopted Operating and Capital Budget

)< $GRSWHG %XGJHW &RXQW\ 7D[ 5DWHV

2YHUYLHZ

7D[ UHYHQXH LV SHUFHQW RI WRWDO UHYHQXH IRU WKH &RXQW\ DQG LV PRVWO\ EXGJHWHG LQ WKH *HQHUDO )XQG WKH PDLQ RSHUDWLQJ IXQG RI WKH &RXQW\ 7KH UHPDLQLQJ SHUFHQW FRPHV IURP YDULRXV IHHV JUDQWV VHUYLFH FKDUJHV PLVFHOODQHRXV UHQWV DQG LQYHVWPHQW LQFRPH 3URSHUW\ 7D[ 7KLV DG YDORUHP WD[ DSSOLHV WR RZQHUV RI UHDO SURSHUW\ ODQG DQG LPSURYHPHQWV ORFDWHG LQ WKH &RXQW\

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

51