General Fund resources available for appropriation in FY2002 total $147,269,718, of which approximately $92,926,503 are recurring revenues (excluding the beginning fund balance and reserves). Current revenues are derived from four major categories: property taxes, county offices, intergovernmental revenues, and other. General Fund resources available for appropriation in FY2003 are projected to be $145,624,360, of which approximately $95,679,134 are recurring revenues.

APPROPRIATIONS

Total general fund appropriations for FY2002 are $97,324,492. General fund appropriations for FY2003 are $100,270,294. Funding and staffing at these levels allows for a continuation of current services, plus many enhancements, a few of which are noted below.

Property taxes are levied at 55.9 mills (at current levels - millage will be rolled back as a result of reassessment) on property owned within the County. This millage rate is the same as the seven previous fiscal years. Budgeted property tax collections are based on estimated assessed valuation and a 100% collection rate. The assessed valuation is the estimated market value for personal property and real property as of January 1. Real property means land, buildings, improvements, and permanent fixtures thereon. Personal property means any property that is not permanently affixed to real property.

POSITION SUMMARY

The biennium budget proposal provides for 21.40 additional full-time equivalent positions. The majority of these additions are for public safety/law enforcement. The FY2002 budget provides for 16.40 additional positions and the FY2003 budget provides for the remaining 5.00 positions. The following chart displays comparative information by core departments of the County's full-time equivalent positions.

The County’s Capital Improvement Program is designed to identify major, infrequent, and nonrecurring projects which should be financed over a period of years. The development of a Capital Improvement Plan (CIP) involves a comprehensive evaluation of project planning, justification, coordination needs, priorities and relationship to budgeting policies.

The FY2002 Capital Improvement Program budget totals $20,525,000. The FY2003 budget totals $21,451,000.

The chart at the right illustrates the percentage of funding allocated within the CIP by category. The following list is a summary of the projects scheduled for FY2002 and FY2003.