| General Fund Growth Revenue: | ||||||
| Current Property Tax Rate: | $ 814,584.00 | |||||
| All Growth Revenue Without Increase: | $ 1,543,097.00 | |||||
| Revenue other than Property Tax: | $ 728,513.00 | |||||
| Property Tax Increase of $0.07: | $ 1,968,799.00 | |||||
| Total Growth with Increase of $0.07: | $ 3,511,896.00 | |||||
| Revenue per $0.01 Property Tax: | $ 281,257.00 | |||||
| Calculate Local Non-Prop. Tax Growth: | ||||||
| Non-Prop Tax Growth w/o Increase | $ 728,513.00 | |||||
| State Funds Growth | $ 893,866.00 | |||||
| Federal Funds Growth | $ (189,144.00) | |||||
| "Other Sources" Growth | $ 187,201.00 | |||||
| Non-Prop. Tax "Local Tax" Growth | $ (163,410.00) | |||||
| Calculate Local Tax Growth: | ||||||
| Prop. Tax Growth | $ 814,584.00 | |||||
| Non-Prop. Local Tax Growth | $ (163,410.00) | |||||
| Total "Local Tax" Growth | $ 651,174.00 | |||||
| Calculate Total Growth Revenue: | Cents on Tax Rate | |||||
| Total "Local Tax" Growth | $ 651,174.00 | $ 0.02 | ||||
| State/Federal/"Other Sources" | $ 891,923.00 | $ 0.03 | ||||
| Total of "Growth Revenue" | $ 1,543,097.00 | $ 0.05 | ||||
| 1998-1999 | 1999-2000 | Increase | ||||
| Revenue Sources: | ||||||
| Local Taxes | $ 19,191,718.00 | $ 19,842,892.00 | $ 651,174.00 | |||
| State of Tennessee | $ 3,267,853.00 | $ 4,161,719.00 | $ 893,866.00 | |||
| Federal Government | $ 599,144.00 | $ 410,000.00 | $ (189,144.00) | |||
| Other Sources | $ 8,196,348.00 | $ 8,383,549.00 | $ 187,201.00 | |||
| Note Proceeds | $ - | $ 1,700,000.00 | $ 1,700,000.00 | |||
| Subtotal of Revenue Sources | $ 31,255,063.00 | $ 34,498,160.00 | $ 2,591,923.00 | |||
| Diverted Funds: | ||||||
| From Debt Service | $ 190,000.00 | $ 190,000.00 | ||||
| From Employee Insurance Reserve | $ 202,000.00 | $ 202,000.00 | ||||
| From Development Tax | $ 750,000.00 | $ 750,000.00 | ||||
| From Jail Housing Fund | $ 700,000.00 | $ 700,000.00 | ||||
| Total Diverted Funds | $ 1,842,000.00 | $ 1,842,000.00 | ||||
| Total Revenue | $ 31,255,063.00 | $ 36,340,160.00 | ||||
| Estimated Expenditure | $ 32,227,428.00 | $ 36,505,068.00 | $ 4,277,640.00 | |||
| From Ending Balance To Cover Expenditure | $ 972,365.00 | $ 164,908.00 | ||||
| Previous Ending Balance (07/01) | $ 7,467,589.00 | $ 6,495,224.00 | ||||
| Ending Balance (06/30) | $ 6,495,224.00 | $ 6,330,316.00 | ||||
| Increase in General Fund Expenditure | $ 4,277,640.00 | |||||
| Percent Increase | 13.27% | |||||
| Cents on Tax Rate | $ 0.15 |