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FY2013 Revenue Neutral Budget Summary <br />PURPOSE <br />Review and discussion of the projected FY2013 budget with a revenue neutral tax rate in Program <br />Funding Matrix (matrix) view. <br />SUMMARY <br />The FY2013 Revenue Neutral Budget Summary presents the County's current services with expenditures <br />remaining flat from FY2012 to FY2013. This scenario shows the effective tax rate with a revenue neutral <br />budget and as it aligns to the county's matrix. <br />The FY2013 Revenue Neutral Budget Summaiv is shown for illustrative purposes and discussion. The <br />budget summaiv does not reflect intergovernmental, sales tax, grants or other revenue changes nor does it <br />include expenditure changes that typically occur from year to year such as efficiencies, savings, <br />contractual or other operational increases. <br />The matrix categorizes the county's programs according to state, federal or other legal mandates. The <br />county utilizes color coding to distinguish between service provisions and funding requirements: <br />Program <br />Funding Green Blue Yellow <br />Service Mandato <br />Provision n Mandatory Discrete <br />Funding Mandatory Discretionary Discretionary <br />I <br />The following is a snapshot of the FY2013 general fund budget by matrix categories as illustrated on the <br />FY2013 Revenue Neutral document: <br />Funding Matrix <br />Categories <br />Total <br />Cost <br />Other <br />Revenue <br />Property <br />Taxes <br />Tax Rate <br />Equivalent <br />Mandatory /Mandatory <br />56,436,705 <br />18,406,561 <br />38,030,144 <br />0.2154 <br />Mandatory /Discretionary <br />117,483,045 <br />49,406,208 <br />68,076,837 <br />0.3856 <br />Discretionary /Discretionary <br />29,679,234 <br />6,993,191 <br />22,686,043 <br />0.1285 <br />TOTAL <br />$ 203,598,984 <br />$ 74,805,960 <br />$ 128,793,024 <br />0.7296 <br />Page 115 <br />