2008 Budget Book - Kitsap County Government

Sources of Revenues for All Funds
Miscellaneous
$20,839,563
7.0%
Fines & Forfeits
$3,136,476
1.1%
Charges for Scvs
$63,118,704
21.3%
Other Sources
$31,898,879
10.8%
Intergovernmental
$74,232,581
25.0%
Property Tax
$49,982,193
16.8%
Sales Taxes
$34,426,999
11.6%
Other Taxes
$13,288,734
4.5%
Licenses & Permits
$5,760,516
1.9%
General fund revenues: Below, we see that the General Fund, the fund that provides most
services outside of human services and public works (service such as Law Enforcement, Courts,
Auditor, Treasurer, Assessor, and other general government services) is highly dependent on tax
revenue. The single largest tax source is property taxes followed closely by sales taxes. Kitsap
County's ratio of property taxes to sales taxes is nearly 1 to 1 and is by far higher that any other
county in the state. What makes the county unique is the fact that nearly all of our industrial tax
base is located on non-taxed federal property (Department of Defense). For the county, this is a
double-edged sword since the Department of Defense is also the largest single employer in the
county. Another issue is that the General Fund is so dependent on sales taxes which are fairly
elastic following the economy, making them difficult to forecast.
Sources of Revenues for the General Fund
Miscellaneous
$4,307,911
4.9%
Fines & Forfeits
$2,906,176
3.3%
Other Sources,
3,090,831 , 3.5%
Property Tax,
$26,249,033
30.0%
Charges for Scvs
$9,625,914
11.0%
Intergovernmental
$9,234,822
10.5%
Licenses & Permits
$253,545
0.3%
Other Taxes,
$6,099,434
7.0%
Sales Taxes
$25,850,000
29.5%
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