NN ORD-1997-019 1997-1998 Budget, Capital and Grant Project Ordinanceas

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6 • Commissioners agreed to fund one half the position, as originally requested by the Health Department. This resulted in a net decrease in the Health Department budget of$16,902. A-4 Establish Reserve Account for Certain Projects The Board agreed to consider certain areas of the budget in August, 1997. In the meantime, these items that the Board wants to discuss in more detail have been moved into a reserve account. A listing of these items is shown on Attachment IA. A-5 Outside Agencies The Commissioners increased the funding for Kidscope by $31,500, from a recommended amount of$58,400 to $89,900. The Board also increased the appropriation for the Women's Center by $1,040, from $7,960 to $9,000. Revenue A-8 Tax Rate The Commissioners reduced the General Fund tax rate from the recommended level of 87.75 by .45 cents, to 87.30 cents per $100 of assessed valuation. This reduced the revenue from property taxes by $278,479. A-9 Fund Balance The increase in fund balance appropriated helps accomplishes the changes listed above. The recommended fund balance appropriation increases by $44,000, from $956,000 to $1,000,000. A-10 Child Protective Services Revenue Although the percentage of reimbursement to Counties is yet to be determined by the State for Child Protective Services, it is likely that the minimum revenue will be 25%of the salary and benefits for these social workers. Therefore,the revenue in Intergovernmental is increased by $20,300 to a new total of$10,238,437. A-11 Additional Interest Earnings on Bonds The Manager's recommended budget included$800,000 from interest on bonds and private placement holdings that have been borrowed, but not yet expended. Due to a slower than anticipated draw down of these funds for capital construction projects, an additional $116,000 will be available for appropriation, brining the bond interest total to $916,000. A-11 Miscellaneous Revenue Miscellaneous appropriations is increased by $6,610 to balance the revenue side of the budget.