COM 0521.000 2002-2004 - Laserfiche WebLink

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The Honorable Chairman James Y. Arakaki and Members of the County Council Page 4 March 1.2004 OPERATING BUDGET The following tables describe (1) the budgeted expenditures for FY 2003-04 and the proposed budget for FY 2004-05 for each fund, (2) the estimated revenues by source for FY 2004-05, the change from prior year, and the percentage of total revenues that each source represents, and (3) the estimated expenditures by function for FY 2004-05, and changes from the current budget. Table (1) OPERATING BUDGET BY FUND (Amounts in thousands) FY 03-04 FY 04-05 Increase Percent FUND Budget Proposed (Decrease) Change General Fund $170,325 $183,466 $13,141 7.7% Highway Fund 15,920 21,897 5,977 37.5% Sewer Fund 7,282 6,886 (396) (5.4%) Cemetery Fund 16 16 0 0% Bikeway Fund 181 181 0 0% Beautification Fund 200 215 15 7.5% Vehicle Disposal Fund 1,668 1,703 35 2.1% Solid Waste Fund 11,977 16,677 4,700 39.2% Golf Course Fund 816 771 (45) (5.5%) Geothermal Royalty Fund 150 150 0 0% Housing Fund 12,501 14,585 2,084 16.7% Geothermal Asset Fund 50 50 0 0% $221,086 $246,597 $25,511 11.5% Table (2) ESTIMATED REVENUES BY SOURCE (Amounts in thousands) Percent Percent Of Increase Increase Source Amount Total (Decrease) (Decrease) Real Property Tax $129,395 52.5% $12,122 10.3% Public Service Company Tax 5,120 2.1% (95) (1.8%) Fuel Tax 12,037 4.9% 5,202 76.1% Public Utilities Franchise Tax 5,088 2.1% 98 2.0% Licenses and Permits 11,374 4.6% 1,069 10.4% Revenues and Use of Money & Property 1,690 .7% (239) (12.4%) Intergovernmental Revenue 48,961 19.9% 2,129 4.5% Charges for Services 17,513 7.1% 2,886 19.7% Other Revenues 7,586 3.1% 207 2.8% Fund Balance Carryover 7,833 3.2% 2,132 37.4% $246,597 100.0% $25,511 11.5%