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<br /> General Fund Summary
<br /> FY 2023 FY 2022 FYs 2023 vs 2022
<br /> GENERAL FUND Original Revised YTDActual* Percentag Revised YTDActual* Percenta YTD %
<br /> Property Tax $186,165,129 $186,165,129 $146,700,101 78.80% $177,661,825 $146,990,678 82.74% -$290,577 -3.94%1
<br /> Sales&Use Tax $35,616,489 $35,616,489 $7,412,747 20.81% $28,952,047 $6,180,811 21.35% $1,231,936 -0.54%
<br /> d Licenses and Permits $274,200 $274,550 $60,943 22.20% $274,550 $65,602 23.89% -$4,659 -1.70%
<br /> v Charges for Services $14,029,092 $14,226,117 $6,857,614 48.20% $12,662,171 $6,642,448 52.46% $215,166 -4.25%z
<br /> a Intergovernmental $18,428,977 $20,280,401 $6,948,159 34.26% $20,792,680 $7,196,194 34.61% -$248,035 -0.35%
<br /> z Transfers In $76,740 $76,740 $0 0.00% $95,337 $20,833 21.85% -$20,833 -21.85%
<br /> Miscellaneous $910,064 $1,046,971 $1,104,704 105.51% $1,441,082 $469,727 32.60% $634,977 72.92%3
<br /> Appropriated Fund Balance $2,608,888 $2,735,454 $0 0.00% $7,673,175 $0 0.00% $0 0.00%
<br /> Total $258,109,579 $260,421,851 $169,084,268 64.93% $249,552,867 $167,566,293 67.15% $1,517,975 -2.22%
<br /> Community Services $14,690,753 $15,481,038 $6,863,070 44.33% $14,216,710 $6,406,185 45.06% $456,885 -0.73%
<br /> General Government $13,451,262 $14,049,624 $7,006,631 49.87% $10,380,822 $5,631,617 54.25% $1,375,014 -4.38%4
<br /> Public Safety $31,919,210 $33,228,487 $15,861,038 47.73% $28,827,819 $13,331,684 46.25% $2,529,354 1.49%5
<br /> v Human Services $43,038,664 $45,994,292 $18,445,162 40.10% $44,008,794 $18,866,868 42.87% -$421,706 -2.77%
<br /> a Education $98,201,672 $98,450,310 $47,624,573 48.37% $95,583,514 $45,515,959 47.62% $2,108,614 0.76%
<br /> W Support Services $12,295,327 $9,773,135 $8,191,926 83.82% $15,282,833 $8,388,588 54.89% -$196,662 28.93%s
<br /> Debt Service $38,077,170 $38,077,170 $22,998,610 60.40% $40,208,373 $24,789,805 61.65% -$1,791,195 -1.25%
<br /> Transfers Out $6,435,521 $6,551,001 $0 0.00% $1,044,002 $0 0.00% $0 0.00%
<br /> Total $258,109,579 $261,605,057 $126,991,010 48.54% $249,552,8671$122,930,706 49.26%1 $4,060,304 -0.72%
<br /> Notes:
<br /> *-Actual amounts include Encumbrances.
<br /> +-Based on percentage.
<br /> 1-Property tax actuals is a timing variance;large mortgage escrow payment of$16 million did not transfer until January 10,2023.
<br /> 2-Charges for Services includes Register of Deeds Excise Fees,EMS Charges and Medicaid revenue.
<br /> 3-Miscellaneous includes Donations,Leases and Investment Earnings;Investment earnings increased$397K through investment in higher yield securities.
<br /> 4-General Government increase reflects the reclass of Outside Agencies cost to this category and additional seasonal Election employees and voting precints.
<br /> 5-Public Safety increase reflects additional personnel and related non-personnel for Emergency Services and Sheriff's Office as approved in the original budget.
<br /> 6-Reflects allocation of 3%wage increase at beginning of year to departments rather than at the end of fiscal year.
<br /> General Fund Revenues
<br /> General Fund revenues are 64.9% of budgeted revenues compared to 67.1% the prior fiscal year. The primary
<br /> reason for the variance is a property tax timing variance.
<br /> • Property Tax collections are 78.8% of the total Property tax budget compared to 82.7%the prior fiscal
<br /> year; this represents a timing variance in collections. Two large mortgage escrows transferred $16
<br /> million in January instead of December which accounts for the percent variance. Real and personal taxes
<br /> were due September 1. Tax collections peak at the end of December due to the January 6th assessment
<br /> of interest. The FY 2022-23 Budget increased the tax rate by 1.25 cents from 81.87 cents to 83.12 cents
<br /> per $100 of assessed value. One cent is dedicated to support the current expenses for the school
<br /> districts which increased by $4.2 million. The remaining 0.25 cents increase is to support debt service
<br /> expense.
<br /> • Motor vehicles taxes which are included in the Property Tax category on the table above are 55.3% of
<br /> the Motor Vehicle budget as compared to 57.1% in the prior fiscal year. This slight variance is attributed
<br /> to a timing variance and the higher budgeted amount from the 1.25 cent tax rate increase.
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