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The Honorable Chairman Pete Hoffmann <br />and Members of the County Council <br />Page 6 <br />March 1, 2007 <br />OPERATING REVENUES <br />The following table presents a summary of projected FY 2007-08 revenues from various <br />sources and the changes from the current budget: <br />REVENUES BY SOURCE <br />(Amounts in thousands) <br />Source <br />Real Property Tax <br />Public Service Company Tax <br />Fuel Tax <br />Public Utilities Franchise Tax <br />Licenses and Permits <br />Revenues and Use of Money & Property <br />Intergovernmental Revenues <br />Charges for Services <br />Other Revenues <br />Fund Balance Carryover <br />Increase <br />59.3% <br />(Decrease) <br />16.0% <br />Percent From <br />Percent <br />Of FY 2006-07 <br />Increase <br />Amount Total Amount <br />(Decrease) <br />$213,100 <br />59.3% <br />$29,405 <br />16.0% <br />7,050 <br />2.0% <br />(250) <br />(3.4%) <br />8,185 <br />2.3% <br />290 <br />3.7% <br />7,595 <br />2.1% <br />95 <br />1.3% <br />17,087 <br />4.7% <br />1,417 <br />9.0% <br />4,547 <br />1.3% <br />22 <br />0.5% <br />57,075 <br />15.9% <br />1,365 <br />2.5% <br />24,743 <br />6.9% <br />2,254 <br />10.0% <br />7,654 <br />2.1% <br />1,140 <br />17.5% <br />12,064 <br />3.4% <br />(3,337) <br />(21.7%) <br />$359,100 100.0% $32,401 9.9% <br />Significant changes to operating revenues are as follows: <br />Real Property Tax — Taxable real property revenues increasing by 16.0% due to <br />increase in taxable values. <br />Licenses and Permits — Revenue sources with projected increases include construction <br />related permits, vehicle and trailer weight taxes, and geothermal royalties. <br />Charges for Services — Solid Waste tipping fee revenues increasing by $1.5 million. <br />Other Revenues — Debt service reimbursement from the Department of Water Supply <br />increasing by $869,000. <br />Fund Balance Carryover — General Fund Carryover decreasing due to having reduced <br />its projected carryover savings by $2.3 million. <br />