FY2014 Recommended Budget - City of Surprise

Proposition 400 Fund
Fund Description
On November 2, 2004, Proposition 400 was passed by the voters of Maricopa County, which authorized
the continuation of a countywide, half-cent sales tax for regional transportation improvements (Maricopa
County Transportation Excise Tax). Proposition 400 is the major funding sources for the Maricopa
Association of Governments’ (MAG) Regional Transportation Plan (RTP). The city receives funding for
capital improvement projects and transportation operations as part of the RTP. In June 2012, a new
special revenue fund was established to manage these funds
Major Budget Changes
The total FY2013 budget included expenditures of $357,000. The FY2013 budget will be established with
a year-end budget amendment. The FY2014 budget includes planned expenditures of $50,000. The
decrease is due to a reduction in the funding allocated to the city, due to the completion of the park and
ride capital improvement project.
FY2011 FY2012 FY2013 FY2014 Amended to
Expenditures Actual Actual Amended Budget Budget
By category
Personnel 0 0 0 19,600 0%
Total 0 0 0 19,600 0%
By department
Public Works 0 0 0 19,600 0%
Total 0 0 0 19,600 0%
Revenues
By fund source
Charges for Svcs/Oth 0 0 0 19,600 0%
Total 0 0 0 19,600 0%
Personnel Summary
There are no dedicated personnel assigned to this fund.
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