FY 23 APPROVED BUDGET IN BRIEF

FY 2022 - 2023 HIGHWAYS FUND

REVENUES TOTAL APPROVED BUDGET $62,400,000

Fund Balance $9,846,097 16%

Property Tax $39,984,800 64%

Highways Users Tax $3,000,000 5%

Miscellaneous $8,738,803 14%

Service Charges $830,300 1%

APPROPRIATIONS TOTAL APPROVED BUDGET $62,400,000

Divison of Highways $36,777,128 59%

Administration $1,594,696 3%

Debt Service $2,652,894 4%

Fleet Management $10,774,282 17%

Paygo $10,601,000 17%

FY 22 APPROVED FY 23 APPROVED CHANGE $62,400,000 SIGNIFICANT CHANGES: o Merit increase of 3% and COLA of 7% for all eligible employees o Highways Maintenance adjusted based on increases in tree trimming contract, salt, sand and other materials o Increase in Fleet Management expenses o Paygo funding provides for capital projects such as resurfacing, fleet replacement, bridge inspection, guardrails, traffic calming & road safety improvements, and other various roadway improvement projects $56,900,000 $5,500,000

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