FY2023 Adopted Operating and Capital Budget

FY2023 Adopted Budget Fund Budgets

Debt

Debt Obligations Presented below is the estimated debt service by fund for FY2022 and FY2023. The County issued bonds in late summer 2021 (FY22) and is anticipating issuing bonds that are currently budgeted in the spring of 2023. The spring bond issue will not have any direct debt service payments in FY23.

Principal Balance

Principal

FY2022 Estimated

FY2023 Budgeted

Balance 6/30/2021 Principal Insterest Additions Principal Insterest Additions 6/30/2023 in 000's

General Fund

398,268

33,672

14,196 139,503

31,767

17,430

95,000 567,332

Special Revenue Funds

Agricultural Preservation Hotel RoomRental Tax

48,520 1,232 12,987 14,597 31,781

1,819

2,078

1,275

5,959

2,143

6,000

48,017

120 468

48

125 568

45

987

Parks Acquisition & Development Impact Fees/School Mitigation

479 483

2,453 1,982 5,671

533 473

6,000

20,404 13,602 35,996 3,770 95,506

1,430 2,574

1,547 2,882

School Construction

1,450

1,497

4,000

Enterprise Funds

Solid Waste Mangement Water & Sewer Management

6,593

1,388

184

1,435 10,886 55,169

136

112,061 626,039

10,554 52,025

3,243

4,885

2,897

TOTAL

22,161 155,769

25,154 111,000 785,614

Source: 6/30/2021 from the FY2021 Annual Comprehensive Financial Report (Bond Payable, Notes fromDirect Borrowing and Direct Placements, Capital Leases, and Installment Purchase Agreements). The FY2022 figures are estimates and FY2023 are budgeted amounts and estimates.

Presented below is the estimated future payments of debt service as of 6/30/2021 and does not take into effect any additional debt for FY2022 or FY2023. Total Requirement in 000's 2022 48,212 22,326 70,538 2023 45,982 19,909 65,891 2024 41,442 17,321 58,763 2025 42,514 15,831 58,345 2026 41,133 14,272 55,405 2027 2031 185,819 46,081 231,900 2032 2036 121,189 17,015 138,204 2037 2041 57,140 19,210 76,350 TOTAL 583,431 171,965 755,396 Principal Interest

Source: FY2021 Annual Comprehensive Financial Report

(Bonds Payable, Notes from Direct Borrowing and Direct Placements, Capital Leases, and Installment Purchase Agreements).

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