|
|
|
Linn County Leader - Brookfield, MO
  • County Budget to Finish in Black

  • The 2013 Linn County Budget recently approved and released indicates that the County is projected to finish well into the ‘black’ for the current fiscal year that began January 1, 2013.
    • email print
  • The 2013 Linn County Budget recently approved and released indicates that the County is projected to finish well into the ‘black’ for the current fiscal year that began January 1, 2013. With total estimated revenues of $7,550,014.87 and total estimated expenditures of $6,330,738.32, the 2013 County Budget finishes with a balance of $1,219,276.55 to the good. Total anticipated 2013 revenues are $1,627,524 higher than they actually were in 2012 when total revenues were $5,922,491. Total anticipated 2013 expenditures are $6,330,738, which is $2,887,210 more than actual expenditures for 2012 ($3,443,528).   
    Although 2013 property tax revenues ($165,000) are projected to decline by $26,069 from actual 2012 property tax revenues ($191,069), 2013 sales tax revenues ($1,779,832) are expected to increase by $507,433 over what they were in 2012 ($1,272,399). Sales tax revenue has decreased by $10,255, but that loss has been offset by an increase in Use Tax revenues of $11,823.
    The majority of this fiscal year’s revenue increase is in ‘Intergovernmental Revenues’ ($2,372,980), which includes ‘Reimbursements of Board Bills/Jury Fees’ ($35,000), ‘Election Cost Refunds and Transfer’ ($50,880), and ‘Department of Revenue Use Tax’ ($98,231). Budgeted Intergovernmental Revenues in 2013 ($2,372,980) are $616,734 more than Intergovernmental Revenues actually received as revenue in 2012 ($1,756,246). When those 2013 Intergovernmental Revenues are distributed to various funds, the largest distribution goes to the Special Road and Bridge Fund ($1,517,160), followed by the distribution to the General Revenue Fund ($305,972).
        • »  EVENTS CALENDAR