Fiscal Year 2013 Recommended Budget Book - Lake County

Infrastructure Sales Tax Non-DepartmentalActualAdopted Estimated BudgetExpenditures FY 2011 FY 2012 FY 2012 FY 2013Expenditures by CategoryPersonal Services $ - $ - $ - $ -Operating - - - -Capital Outlay - - - -Subtotal Operating Expenditures $ - $ - $ - $ -Capital Improvements - - - -Debt Service - - - -Grants and Aids - - - -Transfers 9,976,480 9,995,250 10,474,070 10,587,705Reserves - - - -Total Operating Expenditures $ 9,976,480 $ 9,995,250 $ 10,474,070 $ 10,587,705Service Charge Reimbursements - - - -Net Expenditures $ 9,976,480 $ 9,995,250 $ 10,474,070 $ 10,587,705Expenditures by FundInfrastructure Sales Tax Revenue $ 9,976,480 $ 9,995,250 $ 10,474,070 $ 10,587,705Total Expenditures $ 9,976,480 $ 9,995,250 $ 10,474,070 $ 10,587,705Highlights:The County’s share of the one-cent sales tax is collected in the Infrastructure Sales Tax Revenue fund and subsequentlytransferred to other funds for allowable expenditures. Fiscal Year 2013 appropriations include funding for debt servicepayments for the countywide radio system transferred to the Renewal Sales Tax Debt Service Fund, funding for parkimprovements to the Parks Capital Projects Fund, and the administrative service fee to the General Fund. The balance will betransferred to the Renewal Sales Tax Capital Project Funds, 50 percent of which must be used for transportation purposes and50 percent for purposes allowed by F.S. 212.055(2).The levy of the one-cent sales tax began on January 1, 2003 and will remain in effect for 15 years until December 31, 2017.FY 2013 Infrastructure Sales Tax Revenue Transfers$ 350,000 Parks projects - Parks Capital Projects Fund500,000 Administrative Service Fee - General Fund2,763,423 Emergency Communications and Operations Center (ECOC)722,032 Facility capital projects - Renewal Sales Tax Capital Projects Fund5,043,852 Transportation funding - Renewal Sales Tax Capital Projects - PW Fund1,208,398 Debt service for $10 million commercial loan for countywide radio system -Renewal Sales Tax Debt Service Fund$10,587,705F - 186