2011 budget summary - St. Louis County

REVENUE FORECASTSales taxes received by the County are summarized within the table, below:Tax Rate PurposeGeneral 1.00% Support the general operating costs ofCounty government.COUNTY SALES TAXES ($ in millions)Metro Parks 0.10% Shared with the City of St. Louis and theMetro Parks District. Deposited in the ParkMaintenance Fund and for constructionprojects and operations costs of theDepartment of Parks and RecreationTransportation 0.50% Support of Arterial Road System, highwaycapital projects, and transfer to Metro formass transit operations and developmentQuarter‐Cent 0.25% Transferred to Metro for mass transitMass Transitoperations and developmentChildren’sServices0.25% Programs to protect the well‐being andsafety of children and youth 19 years of ageand less0.10% To establish, operate, and maintain anemergency communications system0.50% Transferred to Metro for mass transitoperations and developmentEmergencyCommunicationsHalf‐Cent MassTransitSleeping Rooms 3.50% Levied on the amount of sales for all sleepingrooms paid by guests of hotels and motels inthe County. To meet the County’sobligatiosn for the rent, fees, or chargespayable for the regional convention andsports complex and the Cardinals Ballparkstadium bonds. Excess collections may beappropriated for regional convention andrecreational developmentUtility GrossReceipts5.00% Levied on electric, gas, telephone, cell phone,and water utilities. Used to support publicsafety activities.ReceivingFundGeneral & ParkMaintenance (asneeded)ParkMaintenanceTransportationTrustPublic MassTransitChildren’sServicesEmergencyCommunicationsPublic MassTransitConvention &Recreation Trust2009 Est. 2010 Proj. 2011Revenue Revenue Revenue$41.2 $40.0 $39.9$3.8 $3.7 $3.7$71.4 $69.5 $69.5$37.2 $36.3 $36.3$26.7 (9months)$34.4 $34.4‐ $10.2 (9months)$13.6‐ $34.7 (6 $69.5months)$8.3 $8.0 $8.0General $33.5 $33.1 $30.5TOTAL $222.0 $270.1 $305.5REVENUES BY FUND TYPEGeneral FundsThe general funds consist of the General Fund, SpecialRoad and Bridge Fund, Health Fund, and ParkMaintenance Fund. These funds exist to finance thegeneral functions of the County, and are used to accountfor all financial resources except those required to beaccounted for in another fund. More than half of therevenue in these funds comes from property tax, sales tax,and utilities gross receipts tax. The remainder iscomposed of various revenue sources, including feescharged to customers by County departments.PropertyTax32%2011 Revenue EstimateGeneral FundsAll OtherSources27%Sales Tax13%Charges forSvcs.12%UtilitiesGrossReceipts Tax9%Assessment& Tax Fees7%- 55 -FISCAL YEAR 2011ADOPTED BUDGET