Fund name

Sustainability Sales Tax Fund

Annual Budget 2023

FUND SUMMARY

This is a Special Revenue Fund created to provide for ongoing sustainability work in the county.


In November 2016, voters approved the Sustainability Tax ballot initiative for a temporary 0.125 percent sales and use tax to fund countywide sustainability infrastructure and programs through 2034. The fund is managed by the Office of Sustainability, Climate Action, & Resilience, but resources have been allocated to multiple county departments to support a variety of initiatives.


A multi-year analysis with the forecast of sales and use tax revenues has been undertaken, resulting in a fiscally sustainable position for this fund.


The 2023 adopted revenue budget for the Sustainability Sales and Use tax is $11,835,465.


The adopted expenditure budget is $11,566,270 resulting in a projected fund balance of $13,333,860.

FUND BALANCE SUMMARY

Sustainability Tax 2023 Ending Fund Balance $13,333,860

REVENUES

EXPENDITURES