FY 23 Approved Budget Book

HIGHWAYS 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 County Council or to which the County may at any time have legal or equitable title." The Highways Fund is a separate budgetary/accounting entity as required by County Code, Chapter 123 Finance and Taxation Section 16 B, to account for dedicated revenues that are legally restricted to expenses relating to the maintenance, care and repair of roads and bridges located outside the boundaries of the three incorporated municipalities in Harford County; traffic patrol and highway safety; and County related transportation expenses. The Highways Fund's principal sources of revenue are a County Property Tax differential, State Shared Highways Users Tax revenues, charges for services and Intra County revenues.

FUND SUMMARY:

ORIGINAL BUDGET FY 22

EXECUTIVE PROPOSED FY 23

AUDITED FY 20

AUDITED FY 21

ENACTED FY 23

SUMMARY BY CHARACTER:

10 20 30 40 50 60 70 80

PERSONAL SERVICES CONTRACTUAL SERVICES SUPPLIES & MATERIALS

16,200,797 5,828,168 4,317,051 5,210,607

16,744,344 5,837,311 5,269,932 5,577,346

18,847,125 7,030,144 7,910,558 7,162,450

21,991,333 7,331,058 8,259,994 7,712,452

21,991,333 7,331,058 8,259,994 7,712,452

BUSINESS & TRAVEL CAPITAL OUTLAY DEBT SERVICE MISCELLANEOUS

144,419

45,890

17,000

11,300

11,300

1,194,373 16,526,913

1,794,091 16,100,275

2,248,574 13,679,749

2,650,894 14,438,569

2,650,894 14,438,569

INTER-GOVERNMENTAL/INTER-FUND

118

47

4,400

4,400

4,400

GRAND TOTAL

49,422,446

51,369,236

56,900,000

62,400,000

62,400,000

145