BOARD OF COUNTY COMMISSIONERS LEON COUNTY, FLORIDA

GENERAL FUND /FINE AND FORFEITURE- FUND BALANCE
General/Fine and Forfeiture Fund Balance
Millions
$48.00
$40.00
$32.00
$24.00
$16.00
$8.00
$0.00
$41.83
$24.50
$25.70
$30.69
31.73
$35.03
$29.94
FY07 FY08 FY09 FY10 FY11 FY12 FY13
Estimate
Attachment #1
Page 9 of 62
General/Fine and Forfeiture Fund
Balance:
Fund Balance is maintained for cash
flow purposes, as an emergency
reserve and a reserve for one-time
capital improvement needs. In
addition, the amount of fund balance
is used by rating agencies in
determining the bond rating for local
governments. The Leon County
Reserves Policy requires fund
balances to be between a minimum
of 15% and a maximum of 30% of
operating expenditures. The
unaudited fund balance for FY13 is
$29.94 million. This reflects 25% of
operating expenditures and is
consistent with the County’s
Reserve Policy.
Other than the excess fees
budgeted for the Tax Collector,
FY13 estimates do not include the
return of possible excess fees from
the Constitutional Officers.
Page 64 of 631 Posted at 6:15 p.m. on June 10, 2013