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General Fund Revenue <br />Comments <br />The Finance and Administrative Services staff estimates general revenues (those not directly associated <br />with a particular department). Budgeted amounts are based on historical trends, current policy or fiscal <br />changes by State and Federal governments, and general economic conditions. Revenues associated with <br />departments are estimated by the department and reviewed by the Finance and Administrative Services <br />staff. <br />Property <br />Property __ - - -- - - - -__ <br />Taxes Taxes <br />74% <br />All Other <br />26% <br />Current Taxes - These taxes are the major revenue source in the General Fund comprising <br />about 74 percent of the total General Fund revenue. Taxes in this category reflect all taxable <br />property valued as of January 2009. Revenues <br />V! <br />L <br />R <br />0 <br />D <br />w <br />0 <br />V! <br />C <br />0 <br />m <br />16 <br />15 <br />14 <br />13 <br />12 <br />11 <br />10 <br />9 <br />8 <br />7 <br />6 <br />5 <br />4 <br />3 <br />2 <br />1 <br />0 <br />Assessed Valuation <br />generated by current taxes are based on a tax <br />rate of 85.8 cents per <br />$100 assessed <br />valuation. The <br />County's budgeted real <br />property tax base is <br />projected to be $14.8 <br />billion for the 2013 -14 <br />fiscal year. The other <br />❑ Real ❑ Personal ❑ Utilities ■ Exemption ■ Motor Vehicles <br />components of the <br />County's tax base <br />include Motor Vehicles <br />(budgeted valuation of <br />$863 million); personal <br />property (budgeted <br />valuation of $351 <br />million); Utilities and <br />Corporate Excess <br />(budgeted valuation of <br />$236 million). <br />W <br />