Agenda - 04-19-2007-1 - Laserfiche WebLink

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M`^ � ^�". , °_.. General Fund Revenue Outlook Quick Reference Fiscal Years 2O07-08 and 2OO8-O9 The following list offers a quick reference of preliminaty revenue projections by function for the 2OO7-08 and 2OO8-OQ fiscal years. Since the fiscal year 2007-08.io still being developed, this should not be considered a complete or final list of budgetary considerations. Current Tax Rate for Fiscal 90.3 cents per $100 valuation Year 2006-07 One Cent on Tax Rate Equals Budgeted for Fiscal Year $1,207,023 Current Year 2006-07 Original Budget (in millions of dollars) Fiscal Year 2007-08 Projection (in millions of dollars) (1) Projected for Fiscal Year $1,247,881 $100.6 $110.3 Projected for Fiscal Year $1,285,317 Preliminary General Fund Revenue Projections byFunction �1) Assumes no increase in 2006-07 approved property tax rate of 90.3 cents per $100 valuation. ottery proceeds Last Year (Fy 2005-06) Acutal Collections (in millions of dollars) Current Year 2006-07 Original Budget (in millions of dollars) Fiscal Year 2007-08 Projection (in millions of dollars) (1) Fiscal Year 2008-09 Projection (in millions of dollars) Property Taxes $100.6 $110.3 $113.6 $1 15.q Intergovernmental $15.8 $17.0 $14.6 Investment Earnings $1.2 $1.0 $1.5 $1.6 Transfers from Other Funds $2.9 $3.7 $3.7 $3.7 Appropriated Fund Balance $0.0 $0.0 $0.0 $0.0 Total Budgeted/Projected $152.4 $163.5 $165.4 $168.1 Annual Increase Attributed to "Natural Growth" $1.9 $2.7 Annual Percentage Increase Attributed to "Natural Growth" 1.1% 16% �1) Assumes no increase in 2006-07 approved property tax rate of 90.3 cents per $100 valuation. ottery proceeds