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<br /> Based on the first six-months of FY 2020-21 activity, additional mid-year financial measures are necessary to
<br /> achieve General Fund breakeven results. The County's Long-Term Financial Model projects using $3.7 million of
<br /> the $8.2 million appropriated fund balance. Alternative strategies rather than any actual use of fund balance
<br /> are in implementation to remain in compliance with the County's Unassigned Fund Balance Policy.
<br /> General Fund Summary
<br /> FY 2021 FY 2020 FYs 2021 vs 2020
<br /> GENERAL FUND Original Budget Revised Budget YTDActual* Percentage YTDActual* Percentage YTD %Variance'
<br /> Property Tax $167,694,880 $167,694,880 $140,261,324 83.64% $135,702,146 82.17% $4,559,178 1.47% 1
<br /> Sales&Use Tax $23,827,353 $23,827,353 $7,136,219 29.95% $7,081,317 27.91% $54,902 2.04%
<br /> a Licenses and Permits $274,550 $274,550 $72,675 26.47% $65,299 20.84% $7,376 5.63%
<br /> a Charges for Services $12,645,090 $12,645,090 $4,488,448 35.50% $6,034,138 47.40% -$1,545,690 -11.90%4p z
<br /> Intergovernmental $17,710,005 $24,213,182 $10,174,823 42.02% $5,226,123 27.69% $4,948,700 14.33% s
<br /> Transfers In $5,486,817 $5,511,817 $0 0.00% $0 0.00% $0 0.00%
<br /> Miscellaneous $3,139,009 $3,493,398 $488,674 13.99% $885,857 24.17% -$397,183 -10.18% 4
<br /> Appropriated Fund Balance $8,268,603 $7,812,302 $0 0.00% $0 0.00% $0 0.00%
<br /> Total $239,046,307 $245,472,572 $162,622,163 66.25% $153,691,283 64.18% $8,930,880 2.07%
<br /> Community Services $14,322,250 $14,976,592 $6,806,321 45.45% $6,703,250 45.14% $103,071 0.31%
<br /> General Government $10,525,739 $10,980,760 $5,285,998 48.14% $5,581,438 51.49% -$295,440 -3.35%0
<br /> Public Safety $27,994,203 $28,282,669 $14,145,155 50.01% $12,519,973 45.62% $1,625,182 4.39%
<br /> :!
<br /> :0 Human Services $41,614,328 $42,937,557 $18,222,726 42.44% $18,470,470 43.95% $247,744 1.51%
<br /> CL Education $93,440,414 $93,560,414 $45,025,409 48.12% $45,026,694 48.15% -$1,285 -0.03%
<br /> w Support Services $12,773,209 $14,094,304 $9,288,542 65.90% $6,668,694 55.70% $2,619,848 10.20% s
<br /> Debt Service $33,410,925 $33,410,925 $18,440,583 55.19% $13,478,282 43.83% $4,962,301 11.37% e
<br /> Transfers Out $4,965,239 $7,229,351 $0 0.00% $0 0.00% $0 0.00%
<br /> Total $239,046,307 $245,472,572 $117,214,734 47.75% $108,448,801 45.29%1 $8,765,933 2.46%❑
<br /> Notes:
<br /> *-Actual amounts include Encumbrances.
<br /> +-Based on percentage.
<br /> 1-Property tax revenue are attributed to collections timing.
<br /> 2-Charges for services due to lower Federal Detention bed utilization and Planning Inspection fees due to COVID-19.
<br /> 3-Intergovernmental includes CARES funds from the State.
<br /> 4-Miscellaneous includes facility lease rentals,donations and lower investment earnings.
<br /> 5-Support services increases reflects Non-Departmental expenditures per capita payments to the towns,Asset Management Services expenditures related to CARES funding.Aditionally,Retiree
<br /> Health expenditures were paid out of the 70 Fund instead of the General Fund in FY 2019-20 through Second Quarter.
<br /> 6-Debt service increases reflects the Series 2019A and B Bonds to support the Capital Improvement Program
<br /> General Fund revenues are 66.2% of budgeted revenues compared to 64.1%the prior fiscal year. The variance
<br /> is due to FY 2020-21 Intergovernmental revenues which includes Round 1 ($2.6 million) and Round 2 ($2.8
<br /> million).
<br /> General Fund Revenues
<br /> • Property Tax collections are 83.6% of the total Property tax budget compared to 82.2%the prior fiscal
<br /> year; this represents a timing variance in collections. Real and personal taxes are due September 1 but
<br /> peak at the end of December tax collections prior to the January assessment of penalties and interest.
<br /> Assessed Values for FY 2020-21 by statute are as of January 1, 2020. The property tax category includes
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