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Bubdi n f ou2.b 8 <br /> General Fund <br /> 2014/2015 Projected Budget Funding Issues <br /> No Property Tax Increase <br /> 2014/2015 <br /> Revenues - Original Budget (FY2014-2015) $ 182,543,381 <br /> Expected adjustments <br /> Property Tax Growth....................................................................................... $ 2,566,219 <br /> Sales Tax growth.............................................................................................. $ 1,300,000 <br /> Licenses and permits -No material change................................................... $ - <br /> Charges for Services -No material change................................................... $ - <br /> Charges for Services -Average collection rate ............................................ $ - <br /> Intergovernmental -No Material Change........................................................ $ - <br /> Investment Income-No Material change....................................................... $ - <br /> Miscellaneous Income -No Material change................................................. $ - <br /> Fund Balance Applied Exces above 17%....................................................... $ 5,680,580 <br /> Total expected adjustments to revenues $ 9,546,799 <br /> Estimated preliminary revenues for FY2014-2015 $ 192,090,180 <br /> Expenditures - Original Budget (FY2014-2015) $ 187,733,499 <br /> Adjustments <br /> Health Insurance Increase............................................................................... $ 350,000 <br /> Retirement contribution rate decrease........................................................... $ (50,000) <br /> Expenses for Employees budgeted only partially through year................... $ 638,348 <br /> Compensation Adjustments............................................................................ $ 2,000,000 <br /> Education Adjustment for Projected Growth................................................. $ 817,250 <br /> Education adjustment 48.1%........................................................................... $ - <br /> Net increase in debt service............................................................................ $ 601,083 <br /> Total expected adjustments to expenditures $ 4,356,681 <br /> Estimated preliminary expenses for FY2014-15 $ 192,090,180 <br /> Budget Over/(Short) $ - <br /> Potential Property Tax Rate Impact <br /> to Balance Budget - <br /> Cents <br />