FY 23 Approved Budget Book

DOCUMENT GUIDE

Debt Management policies within Harford County’s five year business plan confirms that Pay-As-You-Go (Paygo) funding will continue to be used for minor renovation and repair projects which have an asset life of less than ten years. A list of projects planned and amount of paygo appropriated by fund for Fiscal Year 2023 is provided in this section. Non-Departmental expenses include costs essential to the operation of the County Government which do not fall within the functions of any one department or agency. This section defines and details these expenses which include a Closure Reserve account, the Rural Legacy Program, Appropriations to Towns, and Appropriations to State. Contingency Reserve This section provides a statement of contingency reserves for both the General Fund and Highways Fund. Per the Harford County Charter, Section 506, the reserve shall not exceed three percent of any fund. Capital Budget A summary highlighting the Capital Budget for Fiscal Year 2023 and the six-year Capital Improvement Program (CIP) is provided in this section. A more detailed description of both is included in a separate document, The Capital Budget and Capital Improvement Program Fiscal Year 2022 - 2023. Grant Summary This section summarizes the receipt, appropriation, and expenditure of certain Federal, State, and private monies received in grant form. A chart displaying a brief description of the grants the County anticipates receiving in Fiscal Year 2023, as well as the amount of the grant and any grant match required is provided. Other Funds Statements of Estimated Reserved Retained Earnings and Estimated Reserved Fund Balances are described in this section for the Self Insurance Trust Fund, Volunteer Fireman’s Pension Trust (LOSAP) Fund, the Sheriff’s Office Pension Plan, the Other Post Employment Benefit (OPEB) Plan and Fleet Management - Internal Service. Glossary A glossary defining terms specific to budget comprehension is found under this tab. Index An alphabetical list of items included in the document.

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