1 / 3

Budget Committee Meeting August 30, 2012

Budget Committee Meeting August 30, 2012. FY 2012-13 Un-Restricted General Fund Final Budget Scenarios Including identified budget reductions of $1.2 million Scenario A Scenario B Tax Initiative Passes Tax Initiative Fails

shiloh
Download Presentation

Budget Committee Meeting August 30, 2012

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Budget Committee MeetingAugust 30, 2012

  2. FY 2012-13 Un-Restricted General Fund Final Budget Scenarios Including identified budget reductions of $1.2 million Scenario A Scenario B Tax Initiative Passes Tax Initiative Fails Beginning Balance $ 3,336,667 10.07% $ 3,336,667 10.07% Estimated Income 32,107,80130,375,405* Total Funds Available $35,444,468 $33,712,072 Expenses Salaries 19,203,54619,203,546 Benefits 7,400,8597,400,859 OPEB Liability 328,000 328,000 Books & Supplies 577,576577,576 Other Operating Exp. 3,705,1923,702,192 Capital Outlay 10,000 10,000 Other Outgo 1,192,7001,192,700 Total Expense $32,417,873 $ 32,417,873 GFOperating Deficit (310,072) (2,042,488) Transfers Categorical/grants -0- -0- Estimated Ending Balance $3,026,595 9.34% $ 1,293,917 3.99% *Estimated Mid-Year Cut is $1,732,396

More Related