2008 Budget Book - Kitsap County Government

Fund Types in the Kitsap County Budget
Enterprise Funds
$68,148,709
21%
Internal Service
Funds
$20,354,529
6% General Fund
$87,617,666
27%
Capital Project
Funds
$12,196,589
4%
Debt Service
Funds
$11,183,329
3%
Special Reveune
Funds
$130,415,162
39%
General Fund: As the name implies, this is the fund that receives undesignated revenues
which can be budgeted for any appropriate County purpose. This fund finances the majority of
the traditional services associated with County government. Most of the budget deliberations
center around this fund since it provides resource allocation flexibility.
Special Revenue Funds: 55 funds having combined expenditures well in excess of the
General Fund budget. However, the nature of the revenue sources mandate that these monies
can only be used for specific purposes. The 2 largest funds in this category are County Roads
and County Roads Construction both or which are administered by the Public Works
Department.
Debt Service Funds: 13 funds which account for the accumulation of resources for and the
payment of general long-term debt. Generally the repayment of this debt is supported by the
monies received in the Real Estate Excise Tax Fund, Conservation Futures Fund and the
various Impact Fee Funds.
Capital Project Funds: 7 funds that are used to acquire new land (recreational and
commercial), repair/renovate current facilities or construct new facilities in response to the
demands that our growing population has placed upon the County. These projects are
traditional financed utilizing long-term debt.
Enterprise Funds: 23 funds that are operated in a manner similar to private businesses.
These funds are primarily administered by the Public Works Department; their operations are
not subsidized from the General Fund as they rely on fees collected for services provided to our
citizens. These services include Solid Waste, Landfill Operations, Sewer (Utility, Improvement,
& Construction) as well as the Surface and Storm Water Management.
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