FY 23 Approved Budget Book

GENERAL FUND

FINANCIAL NOTES:

FY 22

FY 23

CHANGE

EXPLANATION OF INCREASE/DECREASE - EXPENDITURES

4,198,221 4,415,935

217,714

BUSINESS AND TRAVEL Increase is mainly the result of the additional funds required for the vehicle maintenance contract, fuel costs and additional funds for lodging, training, conferences to provide for our continued commitment to reinvest in the County workforce. CAPITAL OUTLAY Increase in capital outlay is mainly the result of replacing large equipment for landfill operations, as well as still providing sufficient funds for police car packages for Sheriff's Office vehicles, voting equipment for Elections, and audio visual equipment. DEBT SERVICE Principal and Interest payments on existing debt, and new debt to be issued in accordance with the FY 23 Approved Capital Budget. MISCELLANEOUS Increase is mainly the result of fully funding the Board of Education's FY 23 Operating Budget request; a 10% increase in funds for Harford Community College and 11% increase in funding for Harford County Public Libraries; additional funds for our Volunteer Fire Companies; and police aid to our municipalities. In addition, Paygo funding to support the FY 23 Approved Capital Budget increased.

1,461,345 1,971,144

509,799

59,010,000 61,576,852

2,566,852

370,840,836 431,386,682

60,545,846

139