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For illustrative purposes, the effect of the preceding proposed rates on a home with an assessed value of$200,000 and a homestead exemption of$50,000 is shown on the following table. Table 3 Typical House Comparison - Proposed vs. Current 2014/2015 2015/2016 % Proposed Millage Compared to Current Adopted Proposed Increase Increase Millage Millage (Decrease) (Decrease) Taxable Value $150,000 $150,000 General Fund $500.63 $504.03 $3.40 0.7% Land Acquisition 2004 $55.41 $49.73 ($5.68) (10.3)% Subtotal - Indian River Shores $556.04 $553.76 ($2.28) (0.4%) Emergency Services District $296.99 $338.27 $41.28 13.9% Subtotal-All Other Incorporated Areas $853.03 $892.03 $39.00 4.6% M.S.T.U. $161.00 $161.00 $0.00 0.0% Total - Unincorporated Area $1,014.03 $1,053.03 $39.00 3.8% General Fund The proposed General Fund budget is$77,523,210, an increase of$1,432,579 or 1.9%. Specific departmental, Constitutional, and agency budget summaries are contained in the exhibits following this message (pages 27 and 28). Some of the major factors impacting the General Fund budget are presented below: • Constitutional Officers increases - $1,905,350 • Ad valorem taxroll increase - 7.1%, $3.0 million additional revenue • State Mandates/Constitutional Officers - Make up about 72.9% of total budget • Millage rate - 3.3602 0.7% increase • Salary increases - $299,491 salaries & benefits • Health insurance employer contribution up $258,840 - more changes needed in future • All Aboard Florida costs - $1.1 million from available reserves, not current millage • Children's Services Funding - up $228,075 or 36.6%, matching private donations of $200,000 • Increases in unfunded mandates - Department of Juvenile Justice (DJJ) $82,494 and Medicaid $63,280 7