The Director of Budget and Financial Planning is responsible for coordinating and evaluating the estimation of major revenue sources included in the annual operating budget. Revenues shall be estimated using a conservative approach to avoid budget shortfalls during the fiscal year.

If a revenue shortfall is anticipated after the annual operating budget is adopted, the County Manager shall submit a recommended plan to the BOCC, as soon as practical but not to exceed 90 days following receipt of notice from the Director of Budget and Financial Planning, to balance the estimated revenues and expenditures.

Responsibilities:

The County Manager shall establish financial procedures that define the County’s major revenue sources.

Restricted Revenues:

It is the policy of the BOCC that revenues restricted by either statute or BOCC direction shall be expended in accordance with the specified intent.

Procedure 120.4 Revenue Estimation and Budgeting

The County’s major revenue sources are defined as the following revenues:

1. Assessed Valuation and Ad Valorem Taxes (Property Taxes)
2. Local Sales Taxes (County share of ½ cent)
3. Stormwater Sales Taxes
4. Public Safety Sales Taxes
5. Economic Development Sales Taxes
6. Interest on Delinquent Taxes
7. Motor Vehicle Taxes
8. Motor Vehicle Registration Fees
9. Investment Income
10. Mortgage Registration Fees
11. Recording Fees
12. City-County Revenue Sharing (CCRS)
13. Local Ad Valorem Tax Reduction (LAVTR)
14. Special Highway Revenues
15. Wastewater System Development Charges (SRCFP – Sewer Repair and Construction Finance Plan)
16. Wastewater Connection Fees (SRCFP – Sewer Repair and Construction Finance Plan)
17. Equivalent Dwelling Unit (EDU) Charges (SRCFP – Sewer Repair and Construction Finance Plan)
18. Wastewater User Fees (Operations and Maintenance Fund)

The Director of Budget and Financial Planning is responsible for appointing a Revenue Coordinator from the Budget and Financial Planning Department. The Revenue Coordinator is responsible for coordinating the annual revenue estimating process for the County’s major revenue sources.

The annual revenue estimating process for the County's major revenue sources will include a Revenue Estimating Committee. This committee will be comprised of the following positions:

• County Appraiser
• County Manager or his/her designee(s)
• County Treasurer or his/her designee(s)
• Director of Budget and Financial Planning or his/her designee(s)
• Revenue Coordinator
• Director of Financial Management or his/her designee(s)
• Director of Planning, Development, and Codes or his/her designee(s)
• Register of Deeds or his/her designee(s)
• Director of Infrastructure or his/her designee(s)
• Director of Wastewater or his/her designee(s)
• At-large member to represent the Human Services area appointed by the County Manager or his/her designee (this position will rotate every two years)
• At-large member to represent the governing boards (Airport, Developmental Supports, Library, Mental Health, Park and Recreation); this position will be reviewed annually by the County Manager or his/her designee in conjunction with the Executive Directors of the governing boards.

The Revenue Estimating Committee will meet periodically to review major revenue trends and to provide a revenue forecast for the annual budget and the Multi-year Budget Projection.

Resolution No. 122-02
Revision Number: 015-14
Date of Last Review: Adopted 12-19-02, Revised 04-03-14