BOARD OF COUNTY COMMISSIONERS LEON COUNTY, FLORIDA

Leon County Fiscal Year 2013 Tentative Budget
Sales Tax (308)
Fund Type: Capital Projects
The Local Option Sales Tax Fund is a capital project fund established in accordance with a 1989 county-wide referendum, and is used to account for
resources and expenditures associated with the construction of transportation and jail facility related projects. The Local Government Infrastructure
Surtax includes proceeds from a One-Cent Sales Tax on all transactions up to $5,000. Pursuant to an interlocal agreement with the City of
Tallahassee, the revenue generated by the tax will be split between the County and the City. The County's share of the proceeds is equal to 52.84%,
and the City's share is equal to 47.16%. The 1989 referendum approved the sales tax levy for a period of fifteen years; however, through a
county-wide referendum passed in November 2000, the sales tax was extended for an additional fifteen years (Note: the extended sales tax will be
accounted for in Fund 309).
Revenue Sources
Acct #
Actual Adopted Requested Budget Planned Planned Planned Planned
FY 2011 FY 2012 FY 2013 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017
Interest Income - Investment 361110 (16,880) - - - - - -
Pool Interest Allocation 361111 353,189 275,120 125,900 119,605 121,399 123,220 -
Net Incr(decr) In Fmv Of Investment 361300 (38,596) - - - - - -
Appropriated Fund Balance 399900 - 12,462,915 8,174,431 8,174,431 3,744,036 1,065,435 588,655
Appropriations by
Department/Division
Total Revenues
Acct #
297,713 12,738,035 8,300,331 8,294,036 3,865,435 1,188,655 588,655 -
Actual Adopted Requested Budget Planned Planned Planned Planned
FY 2011 FY 2012 FY 2013 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017
Open Graded Hot Mix Stabilization 026006-541 900,473 600,000 600,000 600,000 600,000 600,000 588,655
Bannerman Road 054003-541 790,265 - - - - - -
Beech Ridge Trail Extension 054010-541 2,546 - - - - - -
Buck Lake Road 055001-541 1,342,137 - - - - - -
Arterial/Collector Resurfacing 056001-541 3,610,229 3,200,000 3,200,000 3,200,000 1,350,000 - -
Florida Department of Transportation
Permitting Fees
056007-541 10,079 50,000 - - - - -
Intersection & Safety Improvements 057001-541 369,453 750,000 750,000 750,000 - - -
Local Road Resurfacing 057005-541 502,413 850,000 - - 850,000 - -
Reserves for Resurfacing and
Intersection Improvements
Notes:
Total Appropriations
Revenues Less Appropriations
Attachment #2
Page 49 of 65
990-599 - 7,288,035 3,744,036 3,744,036 1,065,435 588,655 -
7,527,595 12,738,035 8,294,036 8,294,036 3,865,435 1,188,655 588,655 -
(7,229,882) - 6,295 - - - - -
During the FY08 budget process, the Board restructured the local option sales tax fund by eliminating funding for Tharpe Street, and
reallocating funding for mandatory and maintenance transportation and intersection improvement projects. The Board established
$26.5 million in capital reserves to fund these projects for five to eight years. The reserve is reviewed annually, and appropriations
made according to the specific resurfacing or intersection capital project needs. These reserves are projected to be depleted by FY16.
Fiscal Year 2013 Budget By Fund
Page 258 of 282 Posted at 5:00 p.m. on August 31, 2012
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