Adopted Budget FY 2012-2013 - Kerr County

MAJOR REVENUE HIGHLIGHTS
The FY13 budget is based on projected receipts of taxes, fees, and other revenues with a total of $25,818,956.
Major categories of revenue and the projection assumptions are as follows:
PROPERTY TAXES: Comprising 70.6% of the
County revenue, fiscal year 2013 total property tax
receipts are estimated at $16,960,966 or 1.0% higher
than the 2012 estimated budget. This revenue
projection reflects property tax collect for the
general fund, fire protection fund, courthouse
security fund, parks fund, Indigent Health fund,
juvenile facility fund, the debt service funds, Road &
Bridge fund, and Road Districts. The general fund
portion of the current tax rate is budgeted to increase
from $12,297,266 in FY12 to $12,595,771 in FY13,
and conversely, the road & bridge fund from
$1,204,975 to $1,242,650 and debt service will
decrease from $1,463,825 to $1,436,820.
FINES AND FEES: Comprising 15.1% of total
revenues, fines and fees represent the second largest
revenue source. This category reflects fees charged
for services such as copy fees, records management
fees, administrative fees, and processing fees. Also
included are fines assessed by the courts and bond
forfeitures. The FY13 budgeted revenue is
estimated to increase by 7.0% over the FY12
estimated amounts.
SALES TAX: Comprises 12.7% of the general
fund revenue and is the third largest source of
general fund revenue. Sales tax receipts for FY13
are estimated to be higher than FY12 estimates of
$2,877,082 which represents an 8.0% increase in
revenue.
FY 2012 - 2013 Budget
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