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7 <br /> GENERAL FUND EXPENDITURES <br /> AND TRANSFERS <br /> ■EXPENDITURES AND TRANSFERS TOTALED $184.1 MILLION <br /> ■INCREASE OF 7.6% OVER 2008 <br /> ■LEADING EXPENDITURES INCLUDE <br /> EDUCATION $64.7 million 35.2% <br /> HUMAN SERVICES 35.8 million 19.4% <br /> PUBLIC SAFETY 16.8 million 9.1% <br /> DEBT SERVICE 26.2 million 14.2% <br /> $92.7 MILLION GENERAL FUND DOLLARS FOR EDUCATION <br /> 50.4% of EXPENDITURES <br /> •Current Expense $ 64.7 million <br /> •Capital $ 8.3 million <br /> •Debt Service $ 19.7 million <br /> FUND BALANCE POSITION <br /> ■$18.9 Million Undesignated as of 6/30/2009 <br /> •Undesignated Fund Balance down $4.8 Million. <br /> •Unreserved Fund Balance is 11.4% of 2009 Expenditures and Transfers. Undesignated Fund <br /> Balance 10.4% of 2009 Expenditures and Transfers <br /> •Exceeds LGC 8% Recommended Minimum <br /> •Decline due to transfers for Capital Needs <br /> Undesignated Fund Balance As A Percentage of General Fund Expenditures <br /> Dollar Amount of General Fund Undesignated Fund Balance <br /> Shown in Millions of Dollars <br /> DEBT POSITION <br /> ■OUTSTANDING GENERAL FUND DEBT AT 6/30/09 $236.8 MILLION <br /> ■NET INCREASE IN DEBT OF $18.8 MILLION <br /> .(NEW DEBT $39.3, $20.5 RETIRED) <br /> ■DEBT EVIDENCED BY <br /> BONDS $121.4 MILLION <br /> ALTERNATIVE $113.0 MILLION <br /> CAPITAL LEASES $ 2.4 MILLION <br /> DEBT POLICY PARAMETERS <br /> •Debt Will Not Exceed 3% of Assessed Value <br /> ➢ Actual Debt = 1.86% <br />