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PROPERTY TAXES <br />• ASSESSED VALUE $10.1 BILLION 2005 <br />• INCREASE OF 4% OVER 2004 <br />• 98,8% OF GROSS LEVY COLLECTED <br />• REMAINS ONE OF 7HE STATE'S BEST <br />(Statewide Average Rate 96.75%) <br />GENERAL FUND EXPENDITURES <br />AND TRANSFERS <br />• EXPENDITURES AND TRANSFERS TOTALED $136.1M1LL10N <br />• INCREASE OF 5.3% OVER 2004 <br />• LEADING EXPENDITURES INCLUDE <br />EDUCATION 48.4% <br />HUMAN SERVICES 23.1 <br />PUBLI C SAFETY 9.8 <br />$65.9 MILLION GENERAL FUND DOLLARS FOR EDUCATION <br />48.4°I° of Expenditures <br />• Gurrent Expense $48.9 million <br />• Capital $ 4.4 million <br />• Debt Service $12.6 million <br />• Number 1 in the State According to Most Recent Public School Forum Report <br />FUND BALANCE POSITION <br />• $13.5 Million Undesignated as of 6/30/2005. <br />• 9.9% of 2005 Expenditures, <br />• Exceeds LGC 8% Recommended Minimum <br />• Increase in Undesignated fund balance of $2.6 Million. <br />FUND BALANCE INCREASE <br />ACTIONS IMPACTING FUND BALANCE <br />• NO APPROPRIATION FOR 2005-2006 BUDGET <br />