REVENUE SHARING. FY 04/05 Budget. The history of payments made over the extent of the agreement is provided on the following table.
|
|
- Joanna Fowler
- 7 years ago
- Views:
Transcription
1 ADOPTED OPERATING BUDGET REVENUE SHARING An Annexation and Revenue Sharing Agreement dated February 17, 1982, between the County of Albemarle and the City of Charlottesville was approved in a public referendum on May 18, The agreement required the County and the City to annually contribute portions of their respective real property tax bases and revenues to a Revenue and Economic Growth Sharing Fund. Distribution of the fund and the resulting net transfer of funds shall be made on each January 31 w hile this agreement remains in effect. During the time this agreement is in effect, the City will not initiate any annexation procedures against the County. Also, pursuant to this agreement, they created a committee to study the desirability of combining the governments and the services currently provided. The agreement became effective on July 1, 1982 and remains in effect until: The County and City are consolidated into a single political subdivision; or The concept for independent cities presently existing in Virginia is altered by the State law in such a manner that real property in the City becomes part of the County s tax base; or The County and City mutually agree to cancel or change the agreement. Revenue Sharing with the City of Charlottesville: In FY 05/06, the County will pay $9,742,748 to the City of Charlottesville in fulfillment of the revenue sharing agreement prov isions, an increase of $1,738,287 over the FY 04/05 payment. This amount is based on an agreed-upon cap of 10% of the total assessed property values in the preceding 2-year prior calendar year, i.e. the payment is based on 2003 Calendar Year. Budget $8,004,461 $9,742,748 $1,738, % The history of payments made over the extent of the agreement is provided on the following table. NON-DEPARTMENTAL PAGE N-1
2 ADOPTED OPERATING BUDGET HISTORY OF REVENUE SHARING PAYMENTS MADE TO THE CITY FISCAL YEAR AMOUNT OF PAYMENT DOLLAR INCREASE PERCENT INCREASE $1,293,552 N/A N/A ,530, , % ,579,753 48, % ,875, , % ,956,554 81, % ,277, , % ,368,027 90, % ,693, , % ,802, , % ,277, , % ,426, , % ,319, , % ,475, , % ,049, , % ,170, , % ,518, , % ,587,013 68, % ,853, , % ,093, , % ,482, , % ,692, , % ,726,021 1,033, % ,004, , % $9,742,748 $1,738, % TOTAL $105,797,093 NON-DEPARTMENTAL PAGE N-2
3 ADOPTED OPERATING BUDGET TRANSFERS Transfers of funds from the General Fund to several other County Funds are made each year to pay for public school operations, school debt service and capital projects, general government debt service and capital projects, and stormwater management improvement projects. General Fund Transfer to School Operations - Recurring: Albemarle County's School Operations are financed from several sources of funding including local, state and federal revenues and from local tax revenues. The local tax revenues are provided to the School Division by a transfer of funds from the County General Fund. This transfer provides about 2/3 rd of the money needed to operate the schools each year, other than school self-sustaining funds, and accounts for about one - half of the County's yearly General Fund expenditures. includes a one - time transfer of $119,451 to School Operations. Approp $74,868,604 $80,861,241 $80,980,692 $6,112, % Appropriated includes an additional $1,253,338 transferred to Schools in August The original appropriation was $73,615,266. SUBTOTAL, SCHOOL OPERATIONS $74,868,604 $80,861,241 $80, 980,692 $6,112, % General Fund Transfer to School Debt Service: $10,591,948 $11,013,888 $11,013,888 $421, % In addition to the funds for School operational costs, a transfer from the General Fund is made each year to the School Debt Service Fund to make the interest and principal payments on money borrowed by the County for construction and major renovations of school buildings and for other school capital projects. General Fund Transfer to General Government 1,797,967 1,929,082 1,929, , % Debt Service: A transfer from the General Fund to the General Government Debt Service Fund is made each year to make the interest and principal payments on funds borrowed by the County for capital projects that relate to General Government functions. SUBTOTAL, DEBT SERVICE $12,389,915 $12,942,970 $12,942,970 $553, % General Fund Transfer to Capital Funds: A transfer from the General Fund to the Capital Improvements Fund is made each year to fund General Government capital projects which are funded on a "pay-as-you go" basis and to build up fund reserves to cover future project costs and increased debt service requirements. includes a one -time transfer of $859,596 to Capital Funds. Appropriated includes an additional $1,346,662 transferred to General Government Capital Funds in August The original appropriation was $5,539,135. $6,885,797 $6,369,955 $7,019,995 $134, % NON-DEPARTMENTAL PAGE N-3
4 ADOPTED OPERATING BUDGET Approp General Fund Transfer to School Capital Funds: A transfer from the General Fund to the School Capital Improvements Fund is made to fund School capital projects which are funded on a pay -as-yougo basis. 640, , ,586 (305,414) -47.4% The decrease in the ended transfer is due to the shifting of pay -as-you-go funding to borrowed funds. General Fund Transfer to Stormwater 400, , ,000 50, % Management Capital Funds: A transfer from the General Fund to the Stormwater Management Fund is made each year to fund Stormwater Management Improvements projects which are funded on a "pay - as-you go" basis. SUBTOTAL, CAPITAL FUNDS $7,925,797 $7,154,581 $7,804,581 ($121,216) -1.5% Vehicle Replacement Transfer: Beginning in FY $600,518 $289,115 $289,115 (311,403) -51.9% 04/05, a transfer from the General Fund will be made to establish the Vehicle Replacement Fund. The total amount allocated for the Vehicle Replacement Fund in is $756,950, of which $467,835 will be funded from the $2 surcharge per gallon of fuel from each department SUBTOTAL, VEHICLE REPLACEMENT FUND $600,518 $289,115 $289,115 (311,403) -51.9% TOTAL, GENERAL FUND TRANSFERS $95,784,834 $101,247,907 $102,017,858 $6,233, % REFUNDS An amount is appropriated each year to pay refunds owed by the County. Budget Refunds $125,000 $137,000 $137,000 $12, % NON-DEPARTMENTAL PAGE N-4
5 ADOPTED OPERATING BUDGET RESERVES Amounts are set aside as reserves for contingencies and unexpected expenses that arise during the year. Board of Supervisors Contingency Reserve: The Contingency reserve allows the Board to provide funds for additional priority needs. Salary Contingency Reserve: The Salary Contingency reserve allows for salary adjustments for identified departments and hard-to-fill positions. Reassessment Reserve: The Reassessment reserve represents the difference between October and January revenue projections, which were impacted by the increased reassessment figures. Budget $104,375 $316,665 $132,077 $27, % 150, , ,000 90,000 60% 0 2,892,834 0 reflects the Board reducing the real property tax rate of $0.76 to $0.74/$100 of assessed valuation, as well funding for strategic priorities for the coming fiscal year. TOTAL, RESERVES $254,375 $3,432,834 $372,077 $117, % NON-DEPARTMENTAL PAGE N-5
6 ADOPTED OPERATING BUDGET NON-DEPARTMENTAL PAGE N-6
This is a public explanation of the levy process and is based on the Oct. 9, 2014 Board of Education presentation by Tim Arnold, Superintendent
This is a public explanation of the levy process and is based on the Oct. 9, 2014 Board of Education presentation by Tim Arnold, Superintendent CCSD 66 Sources of Revenue 2% 19% FY 2012 79% Local Taxes
More informationNew Jersey Transportation Trust Fund Authority Fiscal Year 2016 Financial Plan
New Jersey Transportation Trust Fund Authority Fiscal Year 2016 Financial Plan Plan for Financing Anticipated NJDOT/NJT Capital Program Outlays for Fiscal Year 2016 NEW JERSEY TRANSPORTATION TRUST FUND
More informationLEGISLATIVE REFERENCES
LEGISLATIVE REFERENCES Approved FY 2014 2023 CIP Page 15-1 PAGE LEFT BLANK INTENTIONALLY Approved FY 2014 2023 CIP Page 15-2 Debt Related Financial Policies City Council passed a set of debt-related financial
More informationOur Mission: To ensure that all County transactions are conducted in a legal and ethical manner. FY 2016 Proposed Budget - General Fund Expenditures
COUNTY ATTORNEY Stephen A. MacIsaac 2100 CLARENDON BLVD., SUITE 403, ARLINGTON, VA 22201 703-228-3100 Our Mission: To ensure that all County transactions are conducted in a legal and ethical manner The
More informationNOTICE OF PUBLIC HEARING FREDERICK COUNTY, VIRGINIA
NOTICE OF PUBLIC HEARING FREDERICK COUNTY, VIRGINIA The Board of Supervisors of Frederick County invite comments on the Proposed Budget for the fiscal year ending June 30, 2014. Verbal comments may be
More informationCBO's April 2014 Baseline Projections for the Student Loan Program.
CBO's April 2014 Baseline Projections for the Student Loan Program. Attached are five tables that detail the costs, loan volumes, and subsidy rates for the direct student loan program for CBO's April 2014
More informationAN ACT RELATING TO PUBLIC SCHOOL CAPITAL EXPENDITURES; AMENDING THE PUBLIC SCHOOL CAPITAL OUTLAY ACT TO PROVIDE CRITERIA AND
AN ACT RELATING TO PUBLIC SCHOOL CAPITAL EXPENDITURES; AMENDING THE PUBLIC SCHOOL CAPITAL OUTLAY ACT TO PROVIDE CRITERIA AND STANDARDS FOR PROJECTS TO BE FUNDED; PROVIDING A FORMULA TO DETERMINE THE AMOUNT
More informationThese five tables detail the costs, loan volumes, and subsidy rates for the direct student loan program for CBO's March 2015 baseline.
CBO's March 2015 Baseline Projections for the Student Loan Program. These five tables detail the costs, loan volumes, and subsidy rates for the direct student loan program for CBO's March 2015 baseline.
More informationSCHOOL FINANCE IN COLORADO
SCHOOL FINANCE IN COLORADO Prepared by: Legislative Council Staff State Capitol Building, Room 029 200 East Colfax Avenue Denver, CO 80203 Phone: (303) 866-3521 April 2015 FOREWORD The purpose of this
More informationTaxes Payable 2016 Property Tax Levy & 2015-16 Budget. December 15, 2015 Regular School Board Meeting
Taxes Payable 2016 Property Tax Levy & 2015-16 Budget December 15, 2015 Regular School Board Meeting Truth in Taxation Law Property tax levies are highly regulated by the state State sets formulas which
More informationThe calculation of prudent reserve targets shall include consideration of the following factors:
Governing Body Policies Article GB04-A RESERVE FUNDS POLICY. Sections: GB04-A-1 OBJECTIVES. GB04-A-2 SCOPE. GB04-A-3 DEFINITIONS. GB04-A-4 PROVISIONS. GB04-A-5 PROCEDURES. GB04-A-6 RESPONSIBILITY FOR ENFORCEMENT.
More informationTreasurer of State OVERVIEW
Treasurer of State OVERVIEW The Treasurer of State collects, invests, and protects state funds. The Treasurer s Office functions as a custodian of the public s money, manager of the state s investment
More informationAnnual Report FY 2014. Courtney M. Kay-Decker Director
Annual Report FY 2014 Courtney M. Kay-Decker Director TABLE of CONTENTS Department of Revenue Organizational Chart... 2 Department Mission, Vision, and Guiding Principles... 3 Department Core Functions...
More informationOperating Budget Data
J00A04 Debt Service Requirements Maryland Department of Transportation Operating Budget Data ($ in Thousands) FY 14 FY 15 FY 16 FY 15-16 % Change Actual Working Allowance Change Prior Year Special Fund
More informationFrequently Asked Questions Concerning the Public Bidding and Prevailing Wage Requirements of New Jersey Charter Schools
Frequently Asked Questions Concerning the Public Bidding and Prevailing Wage Requirements of New Jersey Charter Schools 1. Are charter schools required to comply with New Jersey public bidding requirements
More informationCity Council Budget Worksession
City Council Budget Worksession Agenda and Materials December 19, 2013 Basement Conference Room, 6:00 8:00PM 1. FY 2015 Budget Process Update 2. FY 2015-2019 Revenue and Expenditure Projections and Long
More informationDEFINITION OF TERMS -41-
DEFINITION OF TERMS -41- Definition of Terms Activity - A program size indicator which describes a specific action to be taken in carrying out a program. Agency - Any executive department, independent
More informationBond Refusal in Broward County - Frequently Asked Questions
FREQUENTLY ASKED QUESTIONS The SMART FAQS are provided to answer questions regarding the SMART Initiative and will be updated on an ongoing basis. 1. Q: What is a General Obligation Bond referendum and
More informationTransportation Funds Forecast
Transportation Funds Forecast February 2015 Released March 2, 2015 February 2015 Forecast Executive Summary Revenues up 14 million in Highway User Tax Distribution (HUTD) Fund in FY 2014-15 The February
More informationThree Year Forecast Revenues and Expenditures Enterprise Fund Water & Sewer
$120 $100 $80 $60 $40 $20 Three Year Forecast Revenues and Expenditures Enterprise Fund Water & Sewer 2007 2008 2009 2010 2011 2012 2013 Revenues Expenditures s 2010 through 2013 are estimated. ENTERPRISE
More informationDEBT MANAGEMENT PROGRAM UPDATE
Photo by marnox1 DEBT MANAGEMENT PROGRAM UPDATE Precipitated by changes in Credit Ratings Methodology and the Franchise Fee Debt Issuance 1 DEBT MANAGEMENT PROGRAM ELEMENTS Process for issuance of debt
More informationConsolidated Debt Service. #254 Consolidated Debt Service
#254 Consolidated Debt Service Fund Overview This LOB provides for the debt service expenditures for the general obligation bonds of the County as well as the general obligation bonds for the Fairfax County
More informationGUIDELINES AND STANDARDS FOR COST RECOVERY
GUIDELINES AND STANDARDS FOR COST RECOVERY Comprehensive Collection Program Effective July 1, 2012, Penal Code section 1463.007 under Senate Bill 857 (Stats. 2010, ch. 720), amends the standards by which
More informationOffice of Capital Facilities
LOB #57: LAND ACQUISITION Office of Capital Facilities Purpose Land Acquisition s purpose is to acquire the land rights necessary to enable construction of all County capital improvement projects. This
More informationLibraries. The local library only has to qualify under one of the two tests.
October 24, 2012 Libraries Question: Is there a minimum mill levy rate to qualify for the Library Grant? For example does a city need to have a Levy Rate above 2.0 to qualify? If the city does in fact
More informationCHAPTER 20 COUNTY PERMISSIVE MOTOR VEHICLE LICENSE TAX
CHAPTER 20 COUNTY PERMISSIVE MOTOR VEHICLE LICENSE TAX Latest Revision March, 2013 20.01 INTRODUCTION In 1967 the General Assembly granted counties the authority to enact a permissive motor vehicle license
More informationHuman Resources. General Government 209. Prince William County FY 2014 Budget MISSION STATEMENT. Human Resources; 3.7%
Prince William Self- Insurance Group; 8.6% General Registrar; 2.5% Unemployment Insurance Reserve; 0.1% Board of County Supervisors; 4.4% Executive Management; 3.9% Audit Services; 1.0% County Attorney;
More informationFiscal Consolidation Study: Horicon and Mayville School Districts
Fiscal Consolidation Study: Horicon and Mayville School Districts November 23, 2015 Robert W. Baird & Co. Incorporated 777 East Wisconsin Avenue Milwaukee, Wisconsin 53202 800-792-2473 / 414-298-7354 Fax
More informationSTATE OF WEST VIRGINIA PUBLIC SCHOOL SUPPORT PROGRAM EXECUTIVE SUMMARY For the 2000-01 Year
STATE OF WEST VIRGINIA PUBLIC SCHOOL SUPPORT PROGRAM EXECUTIVE SUMMARY For the 2000-01 Year The Public School Support Program is a plan of financial support for the public schools in the State of West
More informationCalifornia Code of Regulations Title 10: Investment Chapter 5: Insurance Commissioner Sub-Chapter 9: Insurance Fraud
California Code of Regulations Title 10: Investment Chapter 5: Insurance Commissioner Sub-Chapter 9: Insurance Fraud Article 5 Organized Automobile Insurance Fraud Interdiction Program 2698.70. Definitions
More informationA Proposal to Standardize the Use of Net Operating Profit Among Life Insurance Companies
A Proposal to Standardize the Use of Net Operating Profit Among Life Insurance Companies by Akira Komatsubara and Kunio Ogihara Insurance Research Group 1. Introduction For commercial companies, the accepted
More informationDEBT MANAGEMENT. General Debt Service and Ballpark Debt Service... 239 Leasing Fund... 244 Leasing Equipment Acquisition Fund...
DEBT MANAGEMENT General Debt Service and Ballpark Debt Service... 239 Leasing Fund... 244 Leasing Equipment Acquisition Fund... 246 237 238 GENERAL DEBT SERVICE & BALLPARK DEBT SERVICE PROGRAM DESCRIPTIONS
More informationTownship High School District #113 2014 Levy for Fiscal Year 2015-16
Township High School District #113 2014 Levy for Fiscal Year 2015-16 District #113 Vision Mission - Goals Vision Township High School District 113 provides a rigorous, equitable, student-centered education,
More informationState of North Dakota Office Of State Tax Commissioner
State of North Dakota Office Of State Tax Commissioner RYAN RAUSCHENBERGER, COMMISSIONER Bismarck, North Dakota July 2015 Schedule of Levy Limitations Applicable To The Authority Of The Political Subdivisions
More informationArizona Community Colleges FY 2014 ACTUAL
Arizona Community Colleges ACTUAL FY 2015 ESTIMATE FY 2016 APPROVED SPECIAL LINE ITEMS Operating State Aid Cochise 5,710,100 5,343,400 5,206,000 Coconino 1,840,400 1,775,800 1,771,200 Gila 370,700 346,300
More informationDepartment of Management and Budget
Director Debt Deputy Director and Budget FOCUS Business Support Group Budget Development & Production Revenue & Tax Analysis Customer & Information Technology Core Financial Processing Capital Projects/CIP
More informationTABLE OF CONTENTS CENTRAL SERVICES FUND
TABLE OF CONTENTS Central Services Fund Overview... 83 Income Summary with Requirements by Department and by Category... 83 Central Services Fund Resources... 84 Central Services Fund Resources Allocation
More informationLocal Government Expenditure and Revenue Limits
Local Government Expenditure and Revenue Limits Prepared by Russ Kava and Rick Olin Wisconsin Legislative Fiscal Bureau One East Main, Suite 301 Madison, WI 53703 Local Government Expenditure and Revenue
More informationMaintenance Department Heating and Air Conditioning Mechanic Journeyman Position. Justification
Maintenance Department Heating and Air Conditioning Mechanic Journeyman Position Justification 3/2011 New HVAC Journeyman Position Background: Currently there are fourteen heating, ventilating and air
More informationCITY OF CHARLOTTESVILLE, VIRGINIA CITY COUNCIL AGENDA
CITY OF CHARLOTTESVILLE, VIRGINIA CITY COUNCIL AGENDA Agenda Date: November 15, 2010 Action Required: Staff Contacts: Presented By: Title: Discussion and Approval of FY 2012 Budget Guidelines, Consideration
More informationGENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2011 H 2 HOUSE BILL 439 Committee Substitute Favorable 5/25/11
GENERAL ASSEMBLY OF NORTH CAROLINA SESSION 0 H HOUSE BILL Committee Substitute Favorable // Short Title: Allow EB Look Back/Continue Expenditures 0. (Public) Sponsors: Referred to: March, 0 1 1 1 1 1 0
More informationApproved Proposed Budget Copperstone Community Development District General Fund Fiscal Year 2016/2017
Approved Proposed Budget General Fund Chart of Accounts Classification REVENUES Interest Earnings Interest Earnings $ - Special Assessments Tax Roll $ 322,403 TOTAL REVENUES $ 322,403 Balance Forward from
More informationIn the event any of these holidays fall on a Saturday or Sunday, then the legal holiday will be observed the following Monday.
SECTION: 6.0 PAGE 1 OF 6 HOLIDAYS State employees receive regular pay for ten (10) legal holidays and for any other day proclaimed as a holiday by the Governor or the President of the United States. (NOTE:
More informationFamily Law Separation Documents to Provide to Lawyer
Family Law Separation Documents to Provide to Lawyer About this Checklist and How to Get The Most Out of It: Financial disclosure is essential to the resolution of family law disputes. Below is a checklist
More informationSCHOOL FINANCE IN COLORADO
SCHOOL FINANCE IN COLORADO Legislative Council Staff State Capitol Building, Room 029 200 East Colfax Avenue Denver, CO 80203 Phone: (303) 866-3521 April 2012 STATE OF COLORADO LEGISLATIVE COUNCIL COLORADO
More informationCity of Charlottesville Preliminary Projected Budget and Long Term Forecast General Fund Fiscal Year 2017-2021
1 1/20/2016 City of Charlottesville Preliminary Budget and Long Term Forecast General Fund Fiscal Year 2017-2021 General Fund Revenues FY2016 Adopted FY2016 Revised * FY2017 FY2018 FY2019 FY2020 FY2021
More informationSCHOOL FINANCE IN COLORADO
STATE OF COLORADO LEGISLATIVE COUNCIL COLORADO GENERAL ASSEMBLY STATE CAPITOL BUILDING RM 029 200 EAST COLFAX AVENUE DENVER CO 80203-1784 M110300000 SCHOOL FINANCE IN COLORADO Legislative Council Staff
More informationTompkins County Department of Administration
Tompkins County Department of Administration 125 East Court Street Ithaca, NY 14850 Phone: (607) 274-5551 Fax: (607) 274-5558 COUNTY ADMINISTRATOR Joe Mareane DEPUTY COUNTY ADMINISTRATOR Paula E. F. Younger
More informationAgency 010 - AUDITOR OF PUBLIC ACCOUNTS
STATUTORY AUTHORITY: Article IV of the Nebraska State Constitution designates the Auditor of Public Accounts as an executive officer of the State. Chapter 84 - Sections 84-304 through 84-322 contain the
More informationCapital Construction and Debt Service
Capital Construction and Debt Service This section includes an overview and summary of appropriations and expenditures for the design, construction, and repair of major capital assets such as roads, bridges,
More informationFinancial Policies 2010-11
Financial Policies 2010-11 CITY OF AUSTIN, TEXAS FINANCIAL POLICIES Prepared by Financial and Administrative Services Department Volume II 505 Financial Policies 2010-11 OVERVIEW OF FINANCIAL POLICIES
More informationThe University of Tennessee County Technical Assistance Service
The University of Tennessee County Technical Assistance Service County Officials Salary Schedule TO: FROM: County Officials Robin Roberts, Executive Director DATE: March 12, 2015 SUBJECT: County Officials
More informationDepartment of Management and Budget
Director Debt Deputy Director and Budget FOCUS Business Support Group Budget Development & Production Revenue & Tax Analysis Customer & Information Technology Core Financial Processing Capital Projects/CIP
More informationSchool District Snapshot
School District Snapshot Understanding Funding, Spending, and Saving Lots of numbers get tossed around when people talk about money and schools. So do lots of opinions. This article is intended to address
More informationFinancial Management & Rate Structures
Handbook on Wastewater Management Financial Management & Rate Structures Financial management is the process of organizing, monitoring, planning, directing and controlling the monetary resources of an
More information162 Washington Avenue, Albany, NY 12231
Local Law Filing New York State Department of State 162 Washington Avenue, Albany, NY 12231 County of Tioga Local Law No. 5 of the Year 1997. A Local Law increasing the rate of taxes on sales and uses
More informationSHARED REVENUE AND TAX RELIEF
SHARED REVENUE AND TAX RELIEF GOVERNOR'S BUDGET RECOMMENDATIONS Source FY15 FY16 % Change FY17 % Change of Funds Adjusted Base Recommended Over FY15 Recommended Over FY16 GPR 2,147,065,600 2,142,747,100-0.2
More informationFINANCE. Annual Fiscal Plan. Original. Actual
FINANCE Description The Director of Finance is charged by State law with all duties mandated for the constitutional offices of the Treasurer and Commissioner of Revenue as prescribed by the Code of Virginia
More informationFund 110 Refuse Disposal
Division of Solid Waste Disposal and a Resource Recovery Transfer Station Operations Administration a Mission To protect Fairfax County citizens against disease, pollution and other contamination associated
More informationHOW TO READ A FIVE-YEAR FORECAST. Tips and Explanations on Understanding a School District s Forecast
HOW TO READ A FIVE-YEAR FORECAST Tips and Explanations on Understanding a School District s Forecast INTRODUCTION Recognizing the importance of discussing school district finances, the Ohio Department
More informationU.S. Government Receivables and Debt Collection Activities of Federal Agencies
FISCAL YEAR 2014 REPORT TO THE CONGRESS U.S. Government Receivables and Debt Collection Activities of Federal Agencies Department of the Treasury May 2015 department of the treasury washington, dc office
More informationCITY OF CHESAPEAKE ORGANIZATION
CITY OF CHESAPEAKE ORGANIZATION The City of Chesapeake derives its governing authority from a Charter granted by the General Assembly of the Commonwealth of Virginia. The City is organized under a Council-Manager
More informationFiscal Note. Fiscal Services Division
Fiscal Note Fiscal Services Division SF 295 Property Tax Changes (LSB 1464SV.2) Analyst: Jeff Robinson (Phone: (515) 281-4614) (jeff.robinson@legis.iowa.gov) Fiscal Note Version Conference Committee Report
More informationThree Year Forecast. Revenues Expenditures. General Fund
GENERAL FUND (Fund 01) The General Fund reflects all revenues and expenditures of the County not required to be accounted for in another fund. Local revenues are primarily derived from Real and Personal
More informationWondering how to borrow using the equity in your home? Ask a Citizen. The Citizens Guide to Home Equity Financing
Wondering how to borrow using the equity in your home? Ask a Citizen. The Citizens Guide to Home Equity Financing We understand you have questions about home borrowing. We can help. At Citizens Bank, we
More informationDescription of Budget Cycle
Description of Budget Cycle The budget process in the City of Yonkers begins in December each year when budget preparation packages are sent to departments by the Office of Management and Budget. The departments
More informationSecond Injury Fund Assessment on Employers
Office of the Treasurer/Second Injury Fund Sec. 31-349g page 1 (3-99) TABLE OF CONTENTS Second Injury Fund Assessment on Employers Definitions... Fund budget... Reporting of paid losses... Apportionment
More informationStructure of Maryland Local Government Presentation to the Local and Regional Transportation Funding Task Force
Structure of Maryland Local Government Presentation to the Local and Regional Transportation Funding Task Force Department of Legislative Services Office of Policy Analysis Annapolis, Maryland September
More informationudget For Local Property Tax Revenues
REVENUES 37 Property Tax Revenue Trend 70,000,000 60,000,000 50,000,000 Dollars 40,000,000 30,000,000 20,000,000 10,000,000 - Note: Top part of Personal Property bar is State revenue received from Personal
More informationFLEET MANAGEMENT FUND
FLEET MANAGEMENT FUND Mission Statement "The mission of the Fleet Management Fund is to provide necessary vehicles and equipment as well as repairs and mainenance on these vehicles and equipment to various
More informationCapital Outlay State Aid and Tribal Education - FY 2014
Arizona Community Colleges ACTUAL FY 2013 ESTIMATE FY 2014 APPROVED SPECIAL LINE ITEMS Operating State Aid Cochise 5,572,000 5,784,600 5,710,100 Coconino 1,836,000 1,847,900 1,840,400 Gila 428,100 410,000
More informationASSEMBLY, No. 903 STATE OF NEW JERSEY. Introduced Pending Technical Review by Legislative Counsel PRE-FILED FOR INTRODUCTION IN THE 1996 SESSION
ASSEMBLY, No. 0 STATE OF NEW JERSEY Introduced Pending Technical Review by Legislative Counsel PRE-FILED FOR INTRODUCTION IN THE SESSION By Assemblymen ROCCO and WOLFE 0 0 AN ACT concerning State support
More informationBREVARD COUNTY FY 2015-2016 BUDGET-IN-BRIEF
BREVARD COUNTY FY 2015-2016 BUDGET-IN-BRIEF FY 2015-2016 BUDGET Total County Revenue: $1,035.2 Million Explanation of Funding Sources: Balances Forward: Cash in Bank at the beginning of the Fiscal Year
More informationCOLUMBUS COUNTY BOARD OF COMMISSIONERS Thursday, May 22, 2003 6:30 P.M.
COLUMBUS COUNTY BOARD OF COMMISSIONERS Thursday, May 22, 2003 6:30 P.M. The Honorable Columbus County Commissioners met on the above stated date and at the above stated time in the Administration Building,
More informationCity of Des Moines. Budget Workshop. November 23, 2015
City of Des Moines Budget Workshop November 23, 2015 Today s Agenda Budget Calendar Financial Policies Solid Waste Enterprise Fund 2 Budget Calendar 3 Debt Management Program 4 Continuing Disclosure Ensure
More informationHow To Limit A Tax Extension In The United States
Page 2 The Property Tax Extension Limitation Law, A Technical Manual Table of Contents Introduction Purpose... 6 Summary The PTELL does not cap individual property assessments... 7 The PTELL limits the
More informationCity of Missoula Debt Management. Major Bond Issues. Outstanding Debt DEBT MANAGEMENT. City of Missoula FY 2015 Annual Budget Page I - 1
City of Missoula Debt Management Debt in a governmental entity is an effective financial management tool. Active debt management provides fiscal advantages to the City of Missoula and its citizens. Debt
More informationBudget Used Balance Obligation Based Budget: Infrastructure Renewal Program $290.1 $251.2 $38.9
FY 05 Metro Matters Summary End of Fiscal Year Status Dollars in Million Budget Used Balance Obligation Based Budget: Infrastructure Renewal Program $290.1 $251.2 $38.9 Expenditure Based Budget: Rail Car
More informationAUDITING PROCEDURES REPORT Issued under P.A. 2 of 1968, as amended. Filing is mandatory.
Michigan Dept. of Treasury, Local Audit & Finance Division 496 (3-98), Formerly L-3147 AUDITING PROCEDURES REPORT Issued under P.A. 2 of 1968, as amended. Filing is mandatory. Local Government Type: City
More informationSENATE APPROPRIATIONS COMMITTEE FISCAL NOTE
BILL NO. House Bill 911 PRINTER NO. 1756 AMOUNT See Fiscal Impact DATE INTRODUCED April 13, 2015 FUND 911 Fund PRIME SPONSOR Representative Barrar DESCRIPTION AND PURPOSE OF BILL House Bill 911 amends
More informationGENERA L OBLIGATION DEBT SERVICE SUMMARY
GENERA L OBLIGATION DEBT SERVICE SUMMARY General Obligation debt is secured by and payable from the receipts of annual ad valorem taxes, within legal limits, on taxable property within the City. The City
More informationPLEASE NOTE. For more information concerning the history of these regulations, please see the Table of Regulations.
PLEASE NOTE This document, prepared by the Legislative Counsel Office, is an office consolidation of this regulation, current to February 1, 2004. It is intended for information and reference purposes
More informationLevy Limits: A Primer on Proposition 2 1 / 2
Massachusetts Department of Revenue Division of Local Services Navjeet K. Bal, Commissioner Robert G. Nunes, Deputy Commissioner and Director of Municipal Affairs Levy Limits: A Primer on Proposition 2
More informationDepartment of Legislative Services Maryland General Assembly 2016 Session
House Bill 1450 Economic Matters Department of Legislative Services Maryland General Assembly 2016 Session FISCAL AND POLICY NOTE Third Reader (Delegate Vaughn) HB 1450 Finance Commercial Law - Debt Settlement
More informationNon-Departmental/Unclassified Administration
/Unclassified Administration Expenditure and Revenue Summary % Change FY 08 FY 08 FY 09 FY 10 Adopt 09/ A. Expenditure by Program Approp Actual Adopted Adopted Adopt 10 1 Administration $31,331,052 $29,009,675
More informationTHE INSTITUTE OF CHARTERED ACCOUNTANTS (GHANA)
THE INSTITUTE OF CHARTERED ACCOUNTANTS (GHANA) MAY 2012 EXAMINATIONS (PROFESSIONAL) PART 3 PUBLIC SECTOR ACCOUNTING (Paper 3.2) Attempt ALL Questions TIME ALLOWED: Reading & Planning - 15 Minutes Workings
More informationCBO's March 2016 Baseline Projections for the Student Loan Program.
CBO's March 2016 Baseline Projections for the Student Loan Program. These seven tables detail the costs, loan volumes, and subsidy rates for the direct student loan program for CBO's March 2016 baseline.
More informationReview research and development activities for compliance with federal regulations. Sponsored Projects Compliance Audit 325
Risk Based Audits Sponsored Projects Compliance Audit 325 Identity Management Audit 0 Threat Management Audit 0 Development/Fundraising Audit 400 Risk Based Audits Subtotal 1725 17.9% Review research and
More informationCITY OF KIRKLAND Department of Finance & Administration 123 Fifth Avenue, Kirkland, WA 98033 425.587.3100 www.kirklandwa.gov
Council Meeting: 11/18/2014 Agenda: Public Hearings Item #: 9. a. (1). (2). CITY OF KIRKLAND Department of Finance & Administration 123 Fifth Avenue, Kirkland, WA 98033 425.587.3100 www.kirklandwa.gov
More informationTable of Contents. Overview 82.1 What is the purpose of the program and financing schedule and how is it organized?
SECTION 82 PROGRAM AND FINANCING (SCHEDULE P) Table of Contents Overview 82.1 What is the purpose of the program and financing schedule and how is it organized? Detailed Guidance on the Program and Financing
More informationLetters of Transmittal... 3. Board Overview... 4. Alignment with Government s Direction... 5. Progress in 2012... 6
Table of Contents Letters of Transmittal... 3 Board Overview... 4 Alignment with Government s Direction... 5 Progress in 2012... 6 Progress and Activity by Key Areas... 6 Local Authority Historical Overview...
More informationPUBLIC SAFETY: PRELIMINARY FY16 BUDGET EXERCISE CROSSWALK. Fiscal Year 2016 Budget Development Form - PUBLIC SAFETY
PUBLIC SAFETY: PRELIMINARY FY16 BUDGET EXERCISE CROSSWALK Fiscal Year 2016 Budget Development Form - PUBLIC SAFETY General $$ Transp $$ Special $$ Federal $$ Interdept'l Total $$ Approp #1 STATE POLICE:
More informationMontana Legislative Fiscal Division. September 19, 2000. Prepared by Greg DeWitt, Senior Fiscal Analyst
Montana Legislative Fiscal Division Highway State Special Revenue Account: Working Capital Update September 19, 2000 Prepared by Greg DeWitt, Senior Fiscal Analyst Highway State Special Revenue Account:
More informationMay 31 Hilton Indianapolis North June 12 Huntingburg Event Center June 19 Fort Wayne Holiday Inn at IPFW June 20 Munster Centennial Park Clubhouse
2012 Annual Budget Workshop May 31 Hilton Indianapolis North June 12 Huntingburg Event Center June 19 Fort Wayne Holiday Inn at IPFW June 20 Munster Centennial Park Clubhouse Budget Tools 2 Appropriations
More informationBasic Accounting. Course Objective. General Budgetary Terms 12/8/2015. Presented by: Local Government Services
Basic Accounting Presented by: Local Government Services Course Objective To give an overview of the different requirements, processes, transactions, and forms relating to your job as clerk General Budgetary
More informationCOUNTY OF FLUVANNA ACCOUNTING & FINANCIAL REPORTING POLICIES AND PROCEDURES
COUNTY OF FLUVANNA ACCOUNTING & FINANCIAL REPORTING POLICIES AND PROCEDURES Consolidation of Capital Expenditures (1.2), Vendor Refunds and Credit Memos (1.3), and Adjusting Journal Entries (1.6) Adopted
More informationDebt Management. Department Description
Department Description Debt Management administers all debt issuances, short term and long term, for the City. Debt Management conducts planning, structuring, and issuance activities for short-term and
More informationMIDDLESEX LONDON EMERGENCY MEDICAL SERVICES AUTHORITY
Financial Statements of MIDDLESEX LONDON EMERGENCY MEDICAL SERVICES AUTHORITY Year ended December 31, 2013 Statement of Financial Position December 31, 2013, with comparative information for 2012 Financial
More informationSANITARY SEWER MASTER PLAN
SANITARY SEWER MASTER PLAN PREPARED FOR: VILLAGE OF GALENA, OHIO PREPARED BY: POGGEMEYER DESIGN GROUP, INC. 1168 NORTH MAIN STREET BOWLING GREEN, OHIO 43402 JOB NO. 3550-030 MARCH, 2006 TABLE OF CONTENTS
More information*HB0160S02* H.B. 160 2nd Sub. (Gray) LEGISLATIVE GENERAL COUNSEL 6 Approved for Filing: S.M. Snyder 6 6 02-10-04 4:26 PM 6
LEGISLATIVE GENERAL COUNSEL 6 Approved for Filing: S.M. Snyder 6 6 02-10-04 4:26 PM 6 H.B. 160 2nd Sub. (Gray) Representative Wayne A. Harper proposes the following substitute bill: 1 MORTGAGE ACT AMENDMENTS
More information