FY 23 Approved Budget Book

GENERAL FUND

ORIGIN/PURPOSE: The Harford County Charter, Article V Budget and Finance, Section 502(b) defines the term "County funds" to mean "any money appropriated or approved by the Council to which the County may at any time have legal or equitable title." The General Fund is the principal operating fund for Harford County Government and encompasses all financial resources and activities, not required by law or County policy, to be maintained in another specific fund. General Fund appropriations are used primarily to finance the administrative activities of County Government to provide services to its citizens. In addition, the allocation of County funds in support of the Board of Education, the Library system, Harford Community College, the Health Department, some State agencies, and certain non-profit and/or community programs, is made from the General Fund. Charter Section 523 (b) also states "No general fund revenues or receipts shall be dedicated to, expended for, or used to supplement appropriations from a special fund except as a loan to such special fund." Property Taxes are the largest source of General Fund revenue, followed by Income Taxes. Other sources include licenses, permits, fines, forfeitures, investments, rental income, sales, services and charges to user agencies, other local taxes, and State shared revenue. Any excess unappropriated fund balance realized at the end of a fiscal year, above the 5% Unappropriated General Fund Balance maintained by County policy, is appropriated into the next fiscal year's budget and treated as one-time funding for that fiscal year.

FUND SUMMARY:

ORIGINAL BUDGET FY 22

EXECUTIVE PROPOSED FY 23

AUDITED FY 20

AUDITED FY 21

ENACTED FY 23

SUMMARY BY CHARACTER: 10

PERSONAL SERVICES CONTRACTUAL SERVICES SUPPLIES & MATERIALS

133,574,308

137,447,773 151,377,938

178,065,943

178,065,943

20 30 40 50 60 70 80

54,116,740 4,940,734 3,237,375 2,400,272

53,839,153 4,688,490 3,166,961 1,631,634 53,472,418

65,573,004 6,136,146 4,198,221 1,461,345 59,010,000

66,243,454 8,883,930 4,415,935 1,971,144 61,576,852

66,243,454 8,883,930 4,415,935 1,971,144 61,576,852

BUSINESS & TRAVEL CAPITAL OUTLAY DEBT SERVICE MISCELLANEOUS

134,458,793 328,872,124

352,768,694 370,840,836

431,386,682

431,386,682

INTER-GOVERNMENTAL/INTER-FUND

1,589

9,606

27,510

26,060

26,060

GRAND TOTAL

661,601,935

607,024,729 658,625,000

752,570,000

752,570,000

129