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Summary of Adopted FY 2010-11 Budget

Appropriated Funds
Summary of Revenues, Expenditures, and Changes in Fund Balances

Actual
FY 2008-09

Adopted
FY 2009-10

Amended
FY 2009-10

Proposed
FY 2010-11

Change vs. Adopted
$
%

SUMMARY OF ALL APPROPRIATED FUNDS
Revenues & Other Sources of Funds
Property Taxes (Current & Prior)
Federal & State Funds
Sales Tax
User Charges
Other
TOTAL Revenues

$ 333,722,985
$ 104,460,867
$ 72,903,563
$ 39,981,539
$ 36,297,520
$ 587,366,473

$ 337,162,876
$ 98,913,634
$ 66,351,003
$ 38,759,856
$ 23,405,701
$ 564,593,070

$ 337,162,876
$ 103,742,396
$ 66,351,003
$ 38,146,486
$ 23,615,682
$ 569,018,443

$ 336,370,036
$ 102,320,539
$ 59,950,000
$ 38,039,881
$ 12,922,911
$ 549,603,367

$
$
$
$
$
$

(792,840)
3,406,905
(6,401,003)
(719,975)
(10,482,790)
(14,989,703)

-0.2%
3.4%
-9.6%
-1.9%
-44.8%
-2.7%

Expenditures & Other Uses of Funds
Category
Personnel Services
Operating Expenses
Human Services Assistance
Debt
Capital Outlay
TOTAL Expenditures

$ 173,070,428
$ 293,936,232
$ 43,187,643
$ 49,250,147
$ 14,491,817
$ 573,936,267

$ 176,063,265
$ 297,808,993
$ 35,649,623
$ 77,813,276
$ 24,010,165
$ 611,345,322

$ 176,092,968
$ 305,339,441
$ 38,130,692
$ 77,933,102
$ 24,683,464
$ 622,179,667

$ 174,100,171
$ 292,362,458
$ 35,501,507
$ 77,015,664
$
7,319,543
$ 586,299,343

$
$
$
$
$
$

(1,963,094)
(5,446,535)
(148,116)
(797,612)
(16,690,622)
(25,045,979)

-1.1%
-1.8%
-0.4%
-1.0%
-69.5%
-4.1%

Functional Area
General Government
Education (includes school debt)
Human Services
Public Safety
Support Services
Community Services
Debt
TOTAL Expenditures

$ 22,566,834
$ 230,481,827
$ 170,734,922
$ 97,647,671
$ 24,011,931
$ 13,806,551
$ 14,686,531
$ 573,936,267

$ 25,902,361
$ 252,361,641
$ 164,263,232
$ 99,571,677
$ 35,409,298
$ 15,967,267
$ 17,869,846
$ 611,345,322

$
$
$
$
$
$
$
$

$ 25,971,379
$ 249,929,151
$ 159,533,628
$ 98,012,929
$ 20,088,413
$ 13,259,119
$ 19,504,724
$ 586,299,343

$
$
$
$
$
$
$
$

69,018
(2,432,490)
(4,729,604)
(1,558,748)
(15,320,885)
(2,708,148)
1,634,878
(25,045,979)

0.3%
-1.0%
-2.9%
-1.6%
-43.3%
-17.0%
9.1%
-4.1%

Excess (deficiency) of revenues over

$

$ (46,752,252) $ (53,161,224) $ (36,695,976) $

10,056,276

-21.5%

Beginning Fund Balance
Ending Fund Balance*

$ 167,605,433
$ 181,035,639

(53,161,224)
(43,104,948)

-29.4%
-32.1%

13,430,206

$ 181,035,639
$ 134,283,387

*Note: Not all fund balance is "spendable" and available for appropriation.

18

26,012,403
252,361,641
169,348,019
102,534,382
36,116,464
17,817,086
17,989,672
622,179,667

$ 181,035,639
$ 127,874,415

$ 127,874,415
$ 91,178,439

$
$

Summary of Adopted FY 2010-11 Budget
Appropriated Funds
Summary of Revenues, Expenditures, and Changes in Fund Balances

Actual
FY 2008-09

Adopted
FY 2009-10

Amended
FY 2009-10

Proposed
FY 2010-11

Change vs. Adopted
$
%

GENERAL FUND
The General Fund is the County's primary operating fund. It accounts for all financial resources of the general government, except those
required to be accounted for in another fund. Most county services are accounted for in this fund.

Revenues & Other Sources of Funds
Property Taxes (Current & Prior)
Federal & State Funds
Sales Tax
User Charges
Investment Earnings
Other (includes Transfers In)
TOTAL Revenues

$ 324,164,020
$ 104,460,867
$ 70,445,947
$ 39,981,539
$
5,823,122
$ 21,976,922
$ 566,852,416

$ 327,800,000
$ 98,913,634
$ 64,265,000
$ 38,759,856
$
3,220,000
$ 10,018,412
$ 542,976,902

$ 327,800,000
$ 103,742,396
$ 64,265,000
$ 38,146,486
$
3,220,000
$ 10,228,393
$ 547,402,275

$ 326,908,523
$ 102,320,539
$ 58,250,000
$ 38,039,881
$
2,507,500
$
6,873,447
$ 534,899,890

$
$
$
$
$
$
$

(891,477)
3,406,905
(6,015,000)
(719,975)
(712,500)
(3,144,965)
(8,077,012)

-0.3%
3.4%
-9.4%
-1.9%
-22.1%
-31.4%
-1.5%

Expenditures & Other Uses of Funds
Category
Personnel Services
Operating Expenses
Debt Payments
Human Services Assistance
Capital Outlay
TOTAL Expenditures

$ 173,070,428
$ 277,252,516
$ 49,250,147
$ 43,187,643
$
6,134,063
$ 548,894,797

$ 176,063,265
$ 282,266,976
$ 77,813,276
$ 35,649,623
$ 14,317,792
$ 586,110,932

$ 176,092,968
$ 289,797,424
$ 77,933,102
$ 38,130,692
$ 14,991,091
$ 596,945,277

$ 174,100,171
$ 277,012,579
$ 77,015,664
$ 35,501,507
$
5,270,079
$ 568,900,000

$
$
$
$
$
$

(1,963,094)
(5,254,397)
(797,612)
(148,116)
(9,047,713)
(17,210,932)

-1.1%
-1.9%
-1.0%
-0.4%
-63.2%
-2.9%

$ 230,481,827
$ 170,734,922
$ 85,000,446
$ 14,686,531
$ 15,654,177
$ 22,566,834
$
9,770,060
$ 548,894,797

$ 252,361,641
$ 164,263,232
$ 87,724,576
$ 17,869,846
$ 25,716,925
$ 25,902,361
$ 12,272,351
$ 586,110,932

$ 252,361,641
$ 169,348,019
$ 90,687,281
$ 17,989,672
$ 26,424,091
$ 26,012,403
$ 14,122,170
$ 596,945,277

$ 249,929,151
$ 159,533,628
$ 86,663,050
$ 19,504,724
$ 18,038,949
$ 25,971,379
$
9,259,119
$ 568,900,000

$
$
$
$
$
$
$
$

(2,432,490)
(4,729,604)
(1,061,526)
1,634,878
(7,677,976)
69,018
(3,013,232)
(17,210,932)

-1.0%
-2.9%
-1.2%
9.1%
-29.9%
0.3%
-24.6%
-2.9%

Excess (deficiency) of revenues over
expenditures

$

$ (43,134,030) $ (49,543,002) $ (34,000,110) $

9,133,920

-21.2%

Beginning Fund Balance
Ending Fund Balance*

$ 127,240,161
$ 145,197,780

(49,543,002)
(40,409,082)

-34.1%
-39.6%

Functional Area
Education & School Debt
Human Services
Public Safety
Debt (Non-School)
Support Services
General Government
Community Services
TOTAL Expenditures

17,957,619

$ 145,197,780
$ 102,063,750

*Note: Not all fund balance is "spendable" and available for appropriation.

19

$ 145,197,780
$ 95,654,778

$
$

95,654,778
61,654,668

$
$

Summary of Adopted FY 2010-11 Budget
Appropriated Funds
Summary of Revenues, Expenditures, and Changes in Fund Balances

Actual
FY 2008-09

Adopted
FY 2009-10

Amended
FY 2009-10

Proposed
FY 2010-11

Change vs. Adopted
$
%

COUNTY BUILDING CONSTRUCTION FUND
The County Building Construction Fund reflects transactions associated with the financing and construction of certain capital assets and
improvements.

Revenues & Other Sources of Funds
Capital-Related Debt Issued
Investment Earnings
Other/Transfer from General Fund
TOTAL Revenues

$
$
$
$

9,500,000
768,155
12,410
10,280,565

$
$
$
$

9,692,373
9,692,373

$
$
$
$

9,692,373
9,692,373

$
$
$
$

2,049,464
2,049,464

$
$
$
$

(7,642,909)
(7,642,909)

---78.9%
--

Expenditures & Other Uses of Funds
Capital Outlay - Project Expend.
Reserve for Future Projects
Other - Transfers Out
TOTAL Expenditures

$
$
$
$

7,857,754
500,000
8,357,754

$
$
$
$

9,692,373
9,692,373

$
$
$
$

9,692,373
9,692,373

$
$
$
$

2,049,464
2,049,464

$
$
$
$

(7,642,909)
(7,642,909)

--78.9%
--78.9%

Excess (deficiency) of revenues over
expenditures

$

1,922,811

$

Beginning Fund Balance
Ending Fund Balance*

$
$

38,113,717
40,036,528

$
$

40,036,528
40,036,528

$
$
$

40,036,528
40,036,528

$
$
$

40,036,528
40,036,528

$

-

--

$
$

-

0.0%
0.0%

*Note: Not all fund balance is "spendable" and available for appropriation.

RURAL FIRE DISTRICTS FUND
Transactions relating to the operation of the Fire Protection Districts in the County are reflected in these individual funds. Each district is
funded, in large part, from a special district tax levied on the property in the district, with the proceeds of that tax dedicated for use in that
district. The Board of Commissioners with the adoption of the Budget Ordinance establishes the tax rate for each district annually. The
districts also receive funding from their share of the local option sales taxes levied by the County.
All funds are consolidated here. For information about a specific district, please refer to the Other Funds section of this document.

Revenues & Other Sources of Funds
Property Taxes
Sales Taxes
Other
TOTAL Revenues

$
$
$
$

9,558,965
2,457,616
3,542
12,020,123

$
$
$
$

9,362,876
2,086,003
11,448,879

$
$
$
$

9,362,876
2,086,003
11,448,879

$
$
$
$

9,461,513
1,700,000
11,161,513

$
$
$
$

98,637
(386,003)
(287,366)

1.1%
-18.5%
--2.5%

Expenditures & Other Uses of Funds
Operating
TOTAL Expenditures

$
$

12,647,225
12,647,225

$
$

11,847,101
11,847,101

$
$

11,847,101
11,847,101

$
$

11,349,879
11,349,879

$
$

(497,222)
(497,222)

-4.2%
-4.2%

Excess (deficiency) of revenues over
expenditures

$

209,856

-52.7%

Beginning Fund Balance
Ending Fund Balance*

$
$

(398,222)
(188,366)

-24.5%
-15.4%

(627,102) $
2,251,555
1,624,453

$
$

(398,222) $
1,624,453
1,226,231

$
$

(398,222) $
1,624,453
1,226,231

$
$

(188,366) $
1,226,231
1,037,865

$
$

*Note: Not all fund balance is "spendable" and available for appropriation.

Note: A decline in property tax and sales tax revenues in FY 2010 will require a high level of appropriated fund balance to maintain fire
district budgets during the year. The expected use of nearly all of the budgeted amount will result in a significant decline in the amount
available for future appropriations.

20

Summary of Adopted FY 2010-11 Budget
Appropriated Funds
Summary of Revenues, Expenditures, and Changes in Fund Balances

Actual
FY 2008-09

Adopted
FY 2009-10

Amended
FY 2009-10

Proposed
FY 2010-11

Change vs. Adopted
$
%

ROOM OCCUPANCY AND TOURISM DEVELOPMENT FUND
The Greensboro/Guilford County Tourism Development Authority ("Authority") is a public authority created to promote activities and programs
which encourage travel and tourism to the area. Guilford County levies the occupancy tax which is the major sources of revenues for the
Authority. The Room Occupancy and Tourism Development Fund accounts for the receipt and transfer of occupancy tax revenues to the
Authority.

Revenues & Other Sources of Funds
Other - Occupancy Tax
TOTAL Revenues

$
$

4,036,491
4,036,491

$
$

3,694,916
3,694,916

$
$

3,694,916
3,694,916

$
$

4,000,000
4,000,000

$
$

305,084
305,084

8.3%
8.3%

Expenditures & Other Uses of Funds
Operating
TOTAL Expenditures

$
$

4,036,491
4,036,491

$
$

3,694,916
3,694,916

$
$

3,694,916
3,694,916

$
$

4,000,000
4,000,000

$
$

305,084
305,084

8.3%
8.3%

Excess (deficiency) of revenues over
expenditures

$

-

$

-

$

-

$

-

$

-

0.0%

Beginning Fund Balance
Ending Fund Balance*

$
$

-

$
$

-

$
$

-

$
$

-

$
$

-

0.0%
0.0%

*Note: Not all fund balance is "spendable" and available for appropriation.

INTERNAL SERVICES (Financial Plan, not included in All Funds Summary above)
The Internal Services Fund accounts for risk management services provided to other departments of the County on a cost
reimbursement basis.

Expenditures
Risk Retention - Liability, Property, WC:
Personnel Services
$
323,013
Operating
$
1,724,434
$
2,047,447
Health Care & Wellness
Operating
$ 29,901,893
TOTAL Expenditures
$ 31,949,340
Revenues
User Charges
Other

$
$
$

343,092
2,078,029
2,421,121

$
$
$

343,092
2,384,362
2,727,454

$
$
$

209,381
1,968,757
2,178,138

$
$
$

(133,711)
(109,272)
(242,983)

-39.0%
-5.3%
-10.0%

$
$

31,350,705
33,771,826

$
$

31,350,706
34,078,160

$
$

33,105,128
35,283,266

$
$

1,754,423
1,511,440

5.6%
4.5%

$
$
$

31,890,043
144,473
32,034,516

$
$
$

31,350,705
31,350,705

$
$
$

31,350,705
250,000
31,600,705

$
$
$

34,452,617
34,452,617

$
$
$

3,101,912
3,101,912

9.9%
-9.9%

$

32,034,516

$

31,350,705

$

31,600,705

$

34,452,617

$

3,101,912

9.9%

$

85,176

$

(2,421,121) $

(2,477,455) $

(830,649) $

1,590,472

-65.7%

$

787,046

$

768,000

768,000

Change in Net Assets

$

872,222

$

(1,653,121) $

(1,709,455) $

Beginning Net Assets
Ending Net Assets

$
$

29,759,139
30,631,361

$
$

30,631,361
28,978,240

30,631,361
28,921,906

TOTAL Revenues
Operating Gain
Interest Income

21

$

$
$

$

$
$

156,000

$

(674,649) $
28,921,906
28,247,257

$
$

(612,000)

-79.7%

978,472

-59.2%

(1,709,455)
(730,983)

-5.6%
-2.5% 

22