FY27 Proposed Budget

Expenditures: Transfers out to the General Fund and the Road Use Tax Fund for employee benefit costs totals $14,701,100 in fiscal year 2027. This accounts for 90.0% of the fund ’ s expenditures in fiscal year 2027, and they increased by $1,080,100 or 7.1% over fiscal year 2026.

Long-term Projections:

Projected Revenues vs Expenditures

$18,600,000

$17,700,000

$16,800,000

$15,900,000

$15,000,000

2026 Revised

2027 Budget

2028 Projected

2029 Projected

2030 Projected

2031 Projected

Total Revenue

Total Expenses

Employee Benefits revenue is heavily dependent upon property tax revenues. Property tax revenues are estimated to have a 3% increase every year.

Future expenditures are projected with the assumptions that personnel related expenditures will grow at a 3% rate annually and services will grow at a 2% rate annually. A large proportion of expenditures for the Employee Benefits Fund is the transfers out to the General Fund and Road Use Tax Fund to cover personnel benefits expense. These transfers are projected to grow at the same level as the property tax revenues.

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