Consolidated Financial Schedule
It is useful to view the County's consolidated financial schedule for an overview of the revenues and expenditures which comprise the adopted budget. The charts and tables below show the total amount of revenues categorized by Fund Type and expenses categorized by the Branch, Function, and Expense Type for different views of the same data.
Revenues
Expenses
Expenses by Function
For a different view of the expenses shown above, check out this pie chart which displays expenses by Function. You can see that costs associated with Physical Environment comprise 32.32% of the County's total expenses. This number includes not just the Water and Wastewater Utility services, but also Stormwater Management and Conservation and Resource Management of the County.
Expenses by Expense Type
This chart shows Expenses by Type, including Personnel Services, Operating Expenses, and Capital Outlay, among other types. The largest type is Other Uses; reserves are included here, as well as transfers between funds to support the County's services to our citizens. Click the chart to open a new tab and explore the individual accounts that comprise the total.
Summary of Changes - FY 2024 Proposed to Adopted Budget
The charts below show the changes between the tentative Proposed FY 2024 budget presented at the first Board meeting September 5, 2023 and the Adopted FY 2024 budget adopted September 19, 2023.
Revenue Changes
The key driver of the variance from proposed to adopted results from the following:
- Ad Valorem Taxes - The Board of County Commissioners approved a millage decrease in the General Fund.
- Fund Balances/Reserves/Net Assets - The Board of County Commissioners approved a General Fund millage reduction which decreased fund balance.
- Miscellaneous Revenues - The fund balance in the Fire MSTU saw a slight decrease based on updated expense estimate for FY23.
- Transfers In - The transfer of funds from the General Fund to the Municipal Services fund increased as a result of correcting a Scribner's error associated with Indirect Costs.
Expenditure Changes
The key drivers in the variances for the various categories are:
- Fund Balances/Reserves/Net Assets - The Board of County Commissioners approved a General Fund millage reduction which decreased reserves.
- General Government - This category of expenditures saw an increase associated with several minor line item adjustments associated with the personnel services.
- Human Services - The Board of County Commissioners approved assisting Premier Community Health with finalizing the remodel of their center.
- Interfund Transfers - The transfer of funds from the General Fund to the Municipal Services fund increased as a result of correcting a Scribner's error associated with Indirect Costs.
- Public Safety - The Board of County Commissioners approved a millage increase for the Fire Rescue MSTU fund.
A Note About Appropriated Funds
Appropriated funds are those that do not have an adopted budget but could be budgeted at any point in the fiscal year. Examples of this would be multi-year grant funds with prior year budgets, but no new funds added in FY 2023, vs budgeted funds included in the amount the board adopted in the resolution. The list below shows appropriated funds for the FY 2024 annual budget.
