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Attachment 3 <br />General Fund <br />2011/2012 Projected Budget Funding Issues <br />No Property Tax Increase <br /> 2011 /2012 <br /> <br />Revenues $ 175,313,920 <br />Expected adjustments <br />$ <br />230,000 <br />1 <br />Property Tax Growth ........................................................................ $ , <br />500,000 <br />Sales Tax growth ............................................................................... $ 600) <br />(6 <br />Licenses and permits change in collections .................................. , <br />Charges for Services -Increased EMS Fees ................................... $ 250,000 <br />Charges for Services -Average collection rate ............................. $ (46,000) <br />Intergovernmental -Expected loss of revenues ............................. $ (245,000) <br />Investment Income - No Material change ........................................ $ - <br />Miscellaneous Income - No Material change .................................. $ - <br />Fund Balance Applied - No expected use ....................................... $ - <br />Total expected adjustments to revenues $ 1,682,400 <br /> <br />Total preliminary revenues $ 176,996,320 <br /> <br />Expenditures $ 175,313,920 <br />Adjustments <br />$ <br />400 <br />200 <br />Health Insurance Increase ................................................................ , <br />Retirement contribution rate increase ............................................. $ 211,500 <br />401(k) /457 Plan Contribution reinstatement ................................... $ 555,000 <br />Budget for Employees 112 in 2010-11 .............................................. $ 400,000 <br />Energy Costs Increase ...................................................................... $ 75,000 <br />Library, EMS, Employee Bonus, and Contingency ......................... $ 605,495 <br />State added misdemeanant cost to Counties ................................. $ 60,000 <br />Education adjustment 48.1% .............................:.............................. $ 809,235 <br />Rebuild Fund Balance ....................................................................... $ 400,000 <br />New debt service ............................................................................... $ 1,133,500 <br />Old Debt Service coming off ............................................................ $ (2,522,730) <br />Change in intergovernmental expenses .......................................... $ (245,000) . <br />Total expected adjustments to expenditures $ 1,682,400 <br />Total Expenditures $ 176,996,320 <br />Budget Over/Short $ - <br />Potential Property Tax Rate Impact <br />to Balance Budget - Cents <br />