FY 24 APPROVED OPERATING BUDGET

HARFORD COUNTY, MARYLAND STATEMENT OF CONTINGENCY RESERVE

The Harford County Charter, Section 506. Contents of the Current Expense Budget, states: "The approved current expense budget shall contain the following information . . . (6) a statement of the proposed contingency reserves, all of which shall not exceed three percent of the general fund and of any other fund; . . . " The following contingency reserve funds which represents 0.0013 percent of the General Fund and 0.029 percent of the Highways Fund, have been included in the Approved Fiscal Year 2023-2024 Operating Budget.

GENERAL FUND

$100,000

HIGHWAYS FUND $200,000

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