Adopted Budget FY 2012-2013 - Kerr County
Adopted Budget FY 2012-2013 - Kerr County
Adopted Budget FY 2012-2013 - Kerr County
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Paula J. Hargis<br />
KERR COUNTY AUDITOR<br />
700 Main, Room 103, <strong>Kerr</strong>ville, TX 78028<br />
Tel: (830) 792-2237 • Fax (830) 792-2238<br />
E-mail: jhargis@co.kerr.tx.us • Website: www.co.kerr.tx.us<br />
August 27, <strong>2012</strong><br />
Honorable Judge and Commissioners<br />
<strong>Kerr</strong> <strong>County</strong>, Texas<br />
I am pleased to present the <strong>FY</strong> <strong>2013</strong> <strong>Adopted</strong> <strong>Budget</strong> for <strong>Kerr</strong> <strong>County</strong>. The budget is submied in<br />
accordance with all statutory requirements as well as your desire to produce a balanced budget while<br />
maintaining the tax rate and providing for no tax rate increase for the 3 rd consecuve year.<br />
The <strong>Adopted</strong> Combined <strong>Budget</strong> total for all funds is $26.2 million. This total includes the Operang<br />
Funds (General, Road & Bridge, and all Special Revenue Funds of $183,126), Debt Service of $1.7 million<br />
of <strong>Kerr</strong> <strong>County</strong>, Texas for the fiscal year October 1, <strong>2012</strong>, through September 30, <strong>2013</strong>. The General<br />
Fund <strong>Budget</strong> accounts for the largest poron of the <strong>Adopted</strong> budget with $21.4 million. The Road and<br />
Bridge Fund total $2.8 million which makes up the remainder of the operang funds.<br />
The primary source of funding for county operaons is the ad valorem property tax. The taxable value<br />
has been relavely stagnant for the last three years due to the tax freeze exempons for individuals<br />
over 65. <strong>Kerr</strong> <strong>County</strong> is a rerement desnaon which results in a large populaon of over 65<br />
individuals. The budget was prepared using a $2,851,137,846 taxable value which resulted in the<br />
following <strong>Kerr</strong> <strong>County</strong> <strong>2012</strong> ad valorem tax rate levy:<br />
Maintenance and Operaons<br />
Debt Service<br />
Road & Bridge<br />
Total Levied Rate<br />
$.3745 cents per $100 valuaon<br />
$.0376 cents per $100 valuaon<br />
$.0322 cents per $100 valuaon<br />
$.4443 cents per $100 valuaon<br />
The <strong>2012</strong> total levied rate, which supports the <strong>2013</strong> <strong>Budget</strong>, is the same as the two preceding fiscal<br />
years.<br />
The <strong>Adopted</strong> <strong>Budget</strong> also includes a 3% Cost of Living Adjustment (COLA) increase for all regular<br />
employees and a 6% increase for all Elected Officials as well as a readjustment of 2.5% for some elected<br />
officials that had elected not to receive an increase in 2010. The Elected Officials had not received any<br />
increase or COLA for the last two fiscal years.<br />
<strong>FY</strong> <strong>2012</strong> - <strong>2013</strong> <strong>Budget</strong><br />
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