Fiscal Year 2013 Recommended Budget Book - Lake County

Budget by FundFY 2013Actual Adopted Revised BudgetFY 2011 FY 2012 FY 2012 FY 2013Resort/Development Tax (1250)RevenuesTaxesLocal Option Resort Tax $ 1,969,800 $ 1,900,000 $ 1,900,000 $ 2,000,000Total Taxes $ 1,969,800 $ 1,900,000 $ 1,900,000 $ 2,000,000Charges for ServicesSale of Maps and Publications $ 42 $ 250 $ 250 $-Tax Exempt Sale of Maps - 1,200 1,200 -Total Charges for Services $ 42 $ 1,450 $ 1,450 $-Miscellaneous RevenuesInterest Incl Profit on Invest $ 21,219 $ 10,000 $ 10,000 $ 10,000Rents and Leases - - - 12,000Other Contributions/Donations - - - 10,000Total Miscellaneous Revenues $ 21,219 $ 10,000 $ 10,000 $ 32,000TransfersFund Balance - Beginning of Year $ - $ 2,432,771 $ 3,099,667 $ 3,400,075Total Transfers $ - $ 2,432,771 $ 3,099,667 $ 3,400,075Less 5% Estimated Receipt $ - $ (95,573) $ (95,573) $ (101,600)Total Resort/Development Tax $ 1,991,060 $ 4,248,648 $ 4,915,544 $ 5,330,475Resort/Development Tax (1250)ExpendituresTourism $ 954,900 $ 1,420,479 $ 1,531,115 $ 1,608,577Interfund Transfers 350,573 345,573 345,573 101,600Contingency and Cash CWF - 2,482,596 3,038,856 3,620,298Total Resort/Development Tax $ 1,305,473 $ 4,248,648 $ 4,915,544 $ 5,330,475E - 27