COM 0604.000 2010-2012 - Laserfiche WebLink

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Honorable Members of the Hawai`i County Council March 1, 2012 Page 4 OPERATING BUDGET BY FUND The following table describes the budgeted expenditures for FY 2011-12 and the proposed budget for FY 2012-13 for each fund. OPERATING BUDGET BY FUND (Amounts in thousands) Percent FY 11-12 FY 12-13 Increase Increase FUND Budget Proposed (Decrease) (Decrease) General Fund $278,120 $274,594 ($3,526) (1.3%) Highway Fund 29,267 32,773 3,506 12.0% Sewer Fund 9,085 9,321 236 2.6% Cemetery Fund 10 10 0 0.0% Bikeway Fund 171 171 0 0.0% Beautification Fund 154 158 4 2.6% Vehicle Disposal Fund 2,599 2,588 (11) (0.4%) Solid Waste Fund 28,255 25,406 (2,849) (10.1%) Golf Course Fund 1,120 1,139 19 1.7% Geothermal Royalty Fund 575 600 25 4.3% Housing Fund 17,888 18,483 595 3.3% Geothermal Asset Fund 50 50 0 0.0% $367,294 $365,293 ($2,001) (0.5%) REVENUES BY SOURCE The following table presents a summary of projected FY 2012-13 revenues from various sources and the changes from the current budget: REVENUES BY SOURCE (Amounts in thousands) Increase (Decrease) Percent From Percent Of FY 2011-12 Increase Source Amount Total Amount (Decrease) Real Property Tax $198,500 54.3% ($8,800) (4.2%) Public Service Company Tax 9,520 2.6% 420 4.6% Fuel Tax 7,660 2.1% 969 14.5% Public Utilities Franchise Tax 10,560 2.9% 1,235 13.2% Licenses and Permits 15,859 4.4% 346 2.2% Revenues and Use of Money&Property 675 0.2% (510) (43.0%) Intergovernmental Revenues 62,554 17.1% (951) (1.5%) Charges for Services 21,670 5.9% 44 0.2% Other Revenues 8,315 2.3% (34) (0.4%) Fund Balance Carryover 29,980 8.2% 5,280 21.4% $365,293 100.0% ($2,001) (0.5%)