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Fiscal Assessment Summary <br />This section provides an analysis of the county's revenues and <br />expenditures for its capital improvement needs for the seven year <br />period beginning in fiscal year (FY) 1993-94 and ending in FY 1999- <br />2000. The estimated costs of the county's capital improvement <br />needs for this seven year projection period are derived from each <br />applicable comprehensive plan element's- capital improvement <br />schedule or program and other identified facility needs. The <br />estimated costs of these capital improvements are summarized by <br />individual element and year in Table 13.18. Also, Table 13.23 <br />summarizes each individual element's capital improvement needs, <br />along with their cost, timeframe, and revenue source(s). Table <br />13.24 provides further data specific to priority transportation <br />improvements. <br />The estimated revenues to be used to pay for the projected capital <br />improvements needs consist of existing revenue sources and proposed <br />revenue sources. For purposes of this analysis, proposed revenues <br />are assumed to have been approved and implemented as required in <br />order to balance anticipated revenues and expenditures. <br />Table 13.18 provides a summary of the projected revenues and <br />expenditures by element category for capital improvements needs for <br />fiscal years 1993-94 through 1999-2000. This table identifies each <br />revenue by source and amount of revenue for each year by element. <br />The table also identifies the amount of estimated expenditure costs <br />and revenue for each element by year. The resulting balance of <br />each element's costs versus its revenues is also provided in Table <br />13.18. <br />The projected revenue from the adopted One -Cent Local Option Sales <br />Tax identified in Table 13.18 is carried over from year to year. <br />The tax became effective June 1, 1989. The county anticipated <br />revenue from the tax is approximately $5.3 million per year for a <br />maximum of 15 years. It is projected that the tax will have a 5% <br />to 6% growth factor per year beginning in fiscal year 1989-90. <br />For the Traffic Circulation element, estimated revenues consist of <br />gas taxes, traffic impact fees and a portion of the adopted One <br />Cent Local Option Sales Tax. As indicated in Table 13.18, the <br />revenues are expected to fund the anticipated costs of the <br />identified traffic circulation capital improvement needs for the <br />seven year period. The estimated revenue from gas taxes is not <br />exclusively for capital improvement financing. These revenues are <br />also used to fund other transportation related expenditures such as <br />operating costs. <br />The Drainage element's revenue sources consist of the use of funds <br />from the road and bridge, transportation improvement and park <br />improvement funds. Also, revenues are proposed from the adoption <br />