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<br /> 1 said these numbers refer to the general fund,but all funds are having these measures put in place.
<br /> 2 She said post covid-19 Sales Tax Growth is projected between -4.5 to -9%. She said the
<br /> 3 County's two primary sources of revenue are anticipating a 6.8 million loss.
<br /> 4
<br /> 5 Pre-Covid versus Post-Covid Projections
<br /> FY19-20 pre-Covid Post-Covid $ %
<br /> Adopted
<br /> Projections Projections Difference Difference
<br /> REVENUE Budget
<br /> Real/Personal Property $ 152,142,471 $157,890,346 $ 154,198,531 $(3,691,815) -2.34%
<br /> Motor Vehicles $ 10,770,627 $ 11,530,157 $ 11,175,116 $ (355,041) -3.08%
<br /> *Other $ 2,240,833 $ 2,323,992 $ 2,323,992 $ - 0.00%
<br /> Sales Tax $ 25,372,861 $ 26,641,504 $ 23,827,353 $(2,814,151) -10.56%
<br /> Licenses and Permits $ 313,260 $ 289,000 $ 274,550 $ (14,450) -5.00%
<br /> Investment Earnings $ 415,000 $ 1,158,576 $ 515,000 $ (643,576) -55.55%
<br /> **Miscellaneous $ 3,040,769 $ 2,892,817 $ 2,642,817 $ (250,000) -8.64%
<br /> Charges for Services $ 12,704,833 $ 13,275,581 $ 12,724,996 $ (550,585) -4.15%
<br /> Intergovernmental $ 18,278,612 $ 17,977,289 $ 17,977,289 $ - 0.00%
<br /> TOTAL $225,279,266 $233,979,262 $225,659,644 $(8,319,618) -3.56%
<br /> * Other= Delinquent Taxes, Interest on Delinquent, Beer&Wine Excise Taxes, Animal Taxes etc.
<br /> 6 **Miscellaneous = Hold Harmless Article 44, Donations, Rent Income, Sale of Surplus Assets etc.
<br /> 7
<br /> 8 Bonnie Hammersley said pre-Covid projections expected$8 million coming in, and post-
<br /> 9 covid projections show an $8 million decrease.
<br /> 10 Bonnie Hammersley said there are unknowns with delinquent taxes. She said she has
<br /> 11 aimed to keep intergovernmental spending flat. She said these funds are state and federal, and
<br /> 12 my increase,but more than likely will be designated for actual uses.
<br /> 13 Bonnie Hammersley said she will bring a balanced budget to the BOCC on May 5th. She
<br /> 14 said some tough decisions have been made.
<br /> 15 Commissioner Dorosin said the "difference" column is based on pre-Covid projections,
<br /> 16 but if it is compared to the County's 19-20 budget, the difference is not that great. He said it
<br /> 17 looks much like a continuation budget.
<br /> 18 Bonnie Hammersley said the $8 million increase from pre-Covid is fairly moderate. She
<br /> 19 said this is showing status quo, and there are no additional funds for anything more than what
<br /> 20 existed in 19-20. She said maintaining status quo may also be a challenge. She said the fund
<br /> 21 balance was $6 million pre-Covid, and more will be needed. She said funds will have to be
<br /> 22 transferred from other reserves, as well.
<br /> 23 Commissioner Dorosin referred the intergovernmental funds, and asked if the slide would
<br /> 24 look mostly the same, even after the County receives these funds.
<br /> 25 Bonnie Hammersley said not really. She said operations still has an $8 million gap. She
<br /> 26 said the County may receive an award from the State,but it would be pass-through money, and
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