FY 23 Approved Budget Book

AGRICULTURAL PRESERVATION - COUNTY

FINANCIAL NOTES:

FY 23 Approved Budget

27,000,000

FY 22 Approved Budget

25,479,000

$ increase

1,521,000

% increase

5.97 %

FY 22

FY 23

CHANGE

EXPLANATION OF INCREASE/DECREASE - REVENUES

8,000,000 11,000,000

3,000,000

TRANSFER TAX Transfer Tax is based on prior year actual collections and projected collections for current year.

479,000

500,000

21,000

INVESTMENT INCOME Interest income on investments purchased for agricultural preservation

17,000,000 15,500,000

(1,500,000)

FUND BALANCE APPROPRIATED Excess unappropriated fund balance at the end of the year is appropriated into the next fiscal year's budget, and treated as one-time funding for that fiscal year.

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