FY2026 Proposed Operating and Capital Budgets

FY2026 Proposed Budget Fund Budgets

School Construction

School Construction This fund records the collections of recordation taxes dedicated to the construction of schools. Funds are then transferred to the Capital Projects Fund or the Debt Service Fund to assist in this goal. A portion of the County's recordation tax revenue is dedicated to support school construction. With a change effective October 1, 2020, the portion of recordation tax dedicated to this fund went from 16.667% to 14.29%, but it did not have an effect on the overall revenue dedicated to this fund. Budget Highlights Other Financing Uses is higher in the FY26 budget as the transfer to the capital budget for specific projects is higher. The FY26 Funding will be used toward one school project. Additional detail is available in the Capital Improvement Program documents.

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