FY2023 Adopted Operating and Capital Budget

FY2023 Adopted Budget Capital Improvement Program

Overview

REVENUE SOURCES Funding for the Capital Improvement Program comes from many sources, primarily pay go (general fund, recordation tax, and impact fee), bonds (general fund, recordation tax, and impact fee), enterprise user fees, state & federal grants and developer participation. Revenue sources are increasing, however balancing requests with available cash and affordable debt will continue to impact the CIP. Adopted General Fund 145,245,117 General Fund Bonds/Lease 396,231,090 Recordation Taxes Parks 35,636,042 Recordation Tax Bonds Parks 23,031,298 Recordation Taxes Schools 25,700,437 Recordation Tax Bonds Schools 6,000,000 Impact Fees Library 7,144,244 Impact Fees Bonds Library 3,000,000 Impact Fees Schools 74,014,799 Impact Fee Bonds Schools Mitigation Fees Schools (1,000,000) Enterprise Fund Pay go 18,526,096 Enterprise Fund Bonds 86,117,398 Grants State 197,856,397 Grants Federal 18,651,595 Cash Forward Fund State (15,674,924) Other 137,678,459 Total 1,158,158,048 $

General Fund Bonds/Capital Lease 34%

General Fund 12%

Recordation Tax Pay go/Bonds 8%

Other 12%

Impact Fee Pay go/Bonds 7% Mitigation Fee Pay go 0%

Forward Fund 1%

Enterprise Fund Pay go/Bonds 9%

Grants 19%

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