FY 24 APPROVED OPERATING BUDGET

HARFORD COUNTY MARYLAND FISCAL YEAR 2024 BUDGET SUMMARY

special obligation of the County and will not constitute a general obligation debt of the County or pledge of the County's full faith and credit or taxing power.

Watershed Management Fund FY 24 Approved Budget

6,006,000

0.62 %

of the Total All Funds FY 24 Operating Budget

FY 23 Approved Budget

5,750,000

0.61 %

of the Total All Funds FY 23 Operating Budget

$ increase % increase

256,000

4.45 %

This fund formerly titled (Stormwater Management Fund) is a special account for deposit of a certain portion of the recordation tax, $0.55 for each $500 of the sale price (or lien amount) for each property deed recorded. The proceeds of this fund are used for the County's watershed protection and restoration program as mandated under State of Maryland law. The State requires a separate fund be established for this purpose.

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