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• Revenue Outlook <br />The taxroll increase provides additional funding for the budget ($5.9 million total). However, due to <br />COVID-19, this increase is offset by losses in other revenues, such as sales taxes, State revenue <br />sharing, gas taxes, tourist taxes, and other revenues, which are expected to decrease by $5.5 million, <br />collectively. Some of the most significant revenue impacts are detailed below: <br />• Half Cent Sales Tax is decreasing by $1,564,368, or 15% <br />• State Revenue Sharing is decreasing by $551,565 or 15% <br />• Optional Sales Tax is decreasing by $1,900,000 or 10% <br />• Gas taxes are decreasing by $646,542 or 10% <br />• Tourist Taxes are decreasing by $105,000 or 10% <br />• Interest Income is decreasing by $370,678 or 29% <br />Unfortunately, the County's CARES Act allocation cannot be used to supplant revenue losses and <br />therefore, the burden of these lost revenues is realized in the reduction of expenditures or the <br />dependence on other revenue sources to balance the budget. <br />Wroposed Ad Valorem Tax Rates and Fees <br />Based on the preliminary rolls and recommended expenses, the proposed millage rates are as follows: <br />Table 2 <br />Comparison of Adopted Millage Rates to Proposed <br />Fund Description <br />2019/2020 <br />Adopted <br />Millage <br />2020/2021 <br />Proposed <br />Millage <br />Difference <br />Difference <br />General Fund <br />3.5475 <br />3.5475 <br />0.0000 <br />0.00% <br />Land Acquisition 2004 <br />0.2568 <br />0.0000 <br />0.2568 <br />100.00% <br />Subtotal Countywide <br />Millage <br />3.8043 <br />3.5475 <br />0.2568 <br />6.75% <br />MSTU Fund <br />1.1506 <br />1.1506 <br />0.0000 <br />0.00% <br />-EmergencyServices District <br />2.3655 <br />2.3531 <br />0.0124 <br />0.52% <br />-Aggregate Milla a <br />6.1192 <br />6.1195 <br />0.0003 <br />0.00% <br />