Management and Performance Review of County Government ...

Assessment of the Finance and Business Functions
EXHIBIT 4-1
JEFFERSON COUNTY GENERAL FUND
REVENUES AND EXPENDITURES
FISCAL YEARS 1999 THROUGH 2004
78,000,000
Expenditures vs Revenues
76,000,000
74,000,000
72,000,000
Dollars
70,000,000
68,000,000
66,000,000
64,000,000
62,000,000
60,000,000
58,000,000
1999
(Actual)
2000
(Actual)
2001
(Actual)
2002
(Actual)
2003
(Actual)
2004
(unaudited
actual)
Fiscal Year Ending:
Total Revenues
Total General Fund Expenditures
Revenue growth was sluggish over the period with revenues actually declining in
all years except FY2003. At the same time, expenditures grew every year but FY2004.
This high expenditure growth coupled with shrinking revenues resulted in persistent
deficits over the period studied. Exhibit 4-2 shows the mismatch of revenue and
expenditure growth.
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