General Fund Fund Balance
Goal: The General Fund will strive to maintain a fund balance of 17% of budgeted General Fund expenditures.
To mitigate current and future revenue shortfalls, unanticipated expenditures, and cash flow needs due to the General Fund's dependence on property taxes, an adequate fund balance in the General Fund will be maintained. The projected fund balance at year-end is expected to remain at 17% of annual budgeted General Fund expenditures.
| Total General | Actual at | ||
|
Year |
Fund Expenditures |
17% of Expenditures |
December 31 |
|
2000 |
$12,142,952 |
$2,064,302 |
$1,670,060 |
|
2001 |
10,973,687 |
1,865,527 |
2,176,597 |
|
2002 |
11,800,896 |
2,006,152 |
2,276,309 |
|
2003 |
12,135,806 |
2,063,087 |
2,662,618 |
|
2004 |
11,990,300 |
2,038,351 |
3,465,119 |
|
2005 |
12,773,803 |
2,171,546 |
4,485,639 |
|
2006 |
14,047,280 |
2,388,038 |
4,801,484 |
|
2007 |
15,216,382 |
2,586,785 |
4,030,330 |
|
2008 |
15,697,049 |
2,668,498 |
3,485,979 |
|
2009 |
15,987,061 |
2,717,800 |
3,364,291 |
