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• Eliminating grants to non - profit agencies. <br />• Eliminating the Shop Louisville program. <br />• Eliminating the Boulder County Youth Corps program. <br />Budget Highlights <br />General Fund <br />Total General Fund revenue, excluding interfund transfers, is expected to remain relatively flat <br />from 2010 to 2011. Due to projected declines in property tax, sales tax, and charges for <br />services, the proposed 2011 budget includes a $71,000 (0.5 %) reduction in total General Fund <br />revenue from 2010 to 2011. The following two pie charts illustrate the General Fund sources <br />and uses of funding. <br />Intergovernment <br />al <br />Licenses & <br />Permits <br />5% <br />Other Taxes <br />11% <br />General Fund Revenue Sources (excluding interfund transfers) <br />Charges for Interest & Other <br />Services 4% Property Taxes <br />17% <br />12% <br />Sales & Use Taxes <br />43% <br />Total General Fund expenditures for 2010, excluding interfund transfers, are projected to <br />decline by nearly $200,000, or 1.4 %, from 2009 actual expenditures. General Fund <br />expenditures for the 2011 proposed budget, excluding interfund transfers and assuming a 3% <br />"turnback ", are budgeted to decline by an additional $200,000, or 1.5 %, when compared to 2010 <br />estimates. The only significant increases in the General Fund budget are the result of electricity <br />costs going up $55,000 (8 %) to $695,000 and a potential increase for medical insurance —which <br />we are still negotiating. We have budgeted an increase in medical insurance premiums of <br />124,000 or 10% more than 2010 premiums. In spite of these cost increases, total General Fund <br />expenditures are over $300,000 less than anticipated revenue (assuming 3% year -end <br />turnback). The chart below reflects the broad categories of these expenditures. <br />4 <br />18 <br />