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3 <br /> Commissioner McKee asked if the projected growth for this year is known. <br /> Gary Donaldson said the projected growth was for the increased debt service. He said <br /> this amount also includes a fund balance appropriation of$8.2 million. He said for FY 2020 <br /> there was no fund balance appropriation that was used. <br /> Commissioner McKee asked if the appropriated fund balance is down, are projected <br /> revenues ahead or behind from what was originally projected. He said it is his understanding <br /> that revenues were originally projected to be down considerably. <br /> Gary Donaldson said the sales tax difference is $3 million. He said the revenue and <br /> expenditure trends have no alarms at this point, since this was based on the property tax <br /> revenue, which usually peaks at the end of the calendar year. <br /> Paul Laughton, Deputy Financial Services Director, said the Intergovernmental Account <br /> reflects the CARES Act funding, which was a huge driver for the overall 2.92% increase in <br /> revenues. <br /> Commissioner McKee said he is curious for numbers that have atypical revenue sources <br /> removed, in order to get a clearer picture of the actual situation. <br /> Slide #6 <br /> Property Tax Revenues <br /> •>�•1;rd�nn>astdnrw<'�.urrP�+7ae'Wm+ma;�'ru.vakw <br /> ,.r ae Krexrn�a�w.arye.nikuxn'xx ac:enr�ae�re ausmr x.3w <br /> R&nrmk-:o'd em.lrK�lkemea[/�n4nsnawm y?wY rM:xK Axra.] <br /> U.fa tt M''O'N h•wM ad—,I.A'O he aoRrr:rcAnfKe�vs i.A <br /> }1+r�.es mMm wfdWe. <br /> .1Nrx.e'eJn re�d dx swm lalr'x G7p:n enrCysd m e1w.Tde ice'laf'y' <br /> 'Nr9A�.7n—WO.Wr F/64,U '.a.dvcvfTS'0 drhlx Ydes <br /> 20� sa+ll.r PnT�8ry ke-16 Svn Mr-.ftm-4s 4,10 NM WRI <br /> Kx-fee E.ehrlriAfAxwaKTefxx.�pn. <br /> wr�•:]rrmf ue py VmMrxM}nreaN ula�.YusErM mrcytlf pled ri <br /> .etar iM yse K-a�iK iv nr[m1�•�u+r,xU <br /> Slide #7 <br /> Sales Tax Revenues <br /> .90 rx'x.�hr 'y m4e N[kN :hw kY <br /> rzOd s 8Y%A—he k&919ta6m and Ue 4 SAS'—A a9ftNA"VS <br /> kivrY his <br /> - [..e ges!nmrne.s.�rsio-,e rn...ana9�.ra,-Me�eM;a=nmmuxrs <br /> . :rt1k.+.AS xiney hw�199 i{M fla->:rn fm�n <br /> - [rafiafargd 6r�srt.-atlr�c <br /> Slide #8 <br /> Sales Tax Annual Trend <br /> wve.aa1rx,x��a -M;aee *e nML r W.H Kan.a�1m <br /> r[spxdemVt re[eeiel.Th H=23 uln us bye a n Kkrae rr fea—A. <br /> .nor6�"�e.+6�v.hk AeIN}rircidown <br /> FUM740 POM39 Pr7010-N ft204F7f&*4 <br /> -S1561e>Rcm 5}]pllSld E6 5}G]M353.}2$2{,0953T1.90 <br /> Commissioner Price asked if the negative 9% was budgeted. <br /> Gary Donaldson said yes. <br />