FY2023 Adopted Operating and Capital Budget

FY2023 Adopted Budget Fund Budgets

Long Range Financial Plan This five year forecast is based on general assumptions. No definitive decisions are reflected other than the Water & Sewer rates that were adopted by the County Council. Agricultural Preservation and Grants Funds fluctuate year to year based on timing of events and grant awards. A small increase has been assumed. Hotel Room Rental Tax Fund is budgeted at pre pandemic levels with a minor escalation for each year. Electric Lighting Districts Fund reflects increases to account for rising electricity costs with a higher escalation in FY24. Housing Initiatives Fund can fluctuate based on certain projects/initiatives each year. The projection is based on a small increase in the future years. Opioid Abatement Fund is a set amount per year and will be adjusted on final terms and award settlement amount. Debt Service General Government, Parks Acquisition/Development, Impact Fees/School Mitigation, and School Construction Funds fluctuate year to year depending on timing of capital projects. The projection reflects the timing of projects in the six year FY23 Capital Improvement Program. All Enterprise Funds are projected based on historical growth (excluding pandemic years). Fleet Services Fund reflects a higher projected growth in FY24 to reflect current inflation costs associated with fuel and vehicle costs. Out years are projected based on historical growth. Workers Compensation and Voice Services Funds are projected based on historical growth. FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 BUDGET PROJECTION PROJECTION PROJECTION PROJECTION PROJECTION REVENUES General Fund 792,081,889 822,140,550 858,778,275 896,232,489 937,261,569 979,033,349

Special Revenue Funds Agricultural Preservation

34,679,659 34,970,743 2,517,200

35,026,456 35,320,450 2,542,372

35,376,720 35,673,655 2,567,796

35,730,487 36,030,391 2,593,474

36,087,792 36,390,695 2,619,408

36,448,670 36,754,602 2,645,602

Grants

Hotel RoomRental Tax Electric Lighting Districts

14,385

15,104

15,557

16,024

16,505

17,000

Housing Initiatives Opioid Abatement

6,973,031 603,631

7,042,761 603,631

7,113,189 603,631

7,184,321 603,631

7,256,164 603,631

7,328,726 603,631

Debt Service General Government Parks Acquisition/Development

65,535,325

71,573,231

75,110,744

78,871,360

82,825,086

86,982,088

11,826,349 9,164,600 6,311,471 172,596,394

3,420,013 38,856,313 16,540,820 210,941,152

5,286,526 20,586,079 10,476,029 192,809,926

10,283,091 5,340,300 6,175,000 182,828,079

3,901,072 3,431,559 6,843,976

10,614,010 12,351,334 7,338,697 201,084,361

Impact Fees/School Mitigation

School Construction

Total Special Revenue Funds

179,975,889

Enterprise Funds Comprehensive Care Facilities Solid Waste Management Water & Sewer Management Total Enterprise Funds Bell Court

27,312,330

27,722,015

28,137,845

28,559,913

28,988,312

29,423,136

221,684

229,221

237,015

245,073

253,406

262,022

35,303,092 71,577,885 134,414,991 19,234,034 4,748,178 1,205,811 25,188,023

37,421,278 78,735,674 144,108,187 21,157,437 4,985,587 1,211,840 27,354,864

39,666,554 86,609,241 154,650,655 22,426,884 5,234,866 1,217,899 28,879,649

42,046,547 95,270,165 166,121,698 23,772,497 5,496,610 1,223,989 30,493,095

44,569,340 104,797,181 178,608,239 25,198,846 5,771,440 1,230,109 32,200,395

47,243,501 115,276,900 192,205,558 26,710,777 6,060,012 1,236,259 34,007,049

Internal Service Funds Fleet Services Worker's Compensation

Voice Services

Total Internal Service Funds

TOTAL APPROPRIATIONS 1,124,281,297 1,204,544,754 1,235,118,505 1,275,675,362 1,328,046,092 1,406,330,316 Does not exclude interfund t ransfers

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