058-07Resolution
By
Fund
And
Category
FY 2007-2008 BUDGET RESOLUTION
WHEREAS a notice of public hearing and budget synopsis has been published and a
public hearing held on March 28, 2007, in accordance with Title 15.2, Chapter 25, Section 15.2-
2506, of the Code of Virginia, 1950 as amended.
THEREFORE BE IT FURTHER RESOLVED by the Board of Supervisors of the County
of Frederick, Virginia, that the budget for the 2007-2008 Fiscal Year as advertised in The
Winchester Star on March 16, 2007, be hereby approved in the amount of $245,843,255.
WHEREAS the budget amounts represent the total, less transfers between funds.
BE IT FURTHER RESOLVED that the County of Frederick budget for the 2007-2008
fiscal year be adopted as follows:
General Operating Fund:
General and Financial Administration 7,339,828
Judicial Administration 2,058,086
Public Safety 20,011,347
Public Works 4,902,593
Health/Welfare 7,047,695
Education -Community College 73,847
Parks, Recreation, Cultural 5,691,654
Community Development 2,916,823
Non-Departmental Expenses 4,108,790
Regional Jail Fund 17,250,553
Landfill Fund 9,016,193
Division of Court Services Fund 1,451,196
Shawneeland Sanitary District Fund 1,020,742
Airport Operating Fund 2,966,551
Airport Capital Fund 2,113,725
Consolidated Services Fund 300,000
School Operating Fund:
School Instruction 103,588,069
Administration/Attendance and Health Services 6,499,247
Pupil Transportation Services 8,147,321
Operation and Maintenance Services 11,620,682
Facilities 307,436
School Cafeteria Fund 5,479,205
School Capital Fund 1,050,000
School Debt Service Fund 14,119,165
Carrick & Sides Trust Funds 950
School Textbook Fund 1,418,230
NREP Operating Fund 5,303,327
NREP Textbook Fund 30,000
Unemployment Compensation Fund 10,000
BE IT FURTHER RESOLVED that the Board of Supervisors of the County of Frederick,
Virginia, does herein adopt the tax rate for the 2007 assessment year at a rate of 52 '/z cents per
$100 of assessed value to be applied to real estate, the rate of $4.20 per $100 of assessed value to
be applied to personal property, $2.25 per $100 of assessed value to be applied to personal
property on one vehicle to volunteer firefighters that aze approved and registered with the Fire
and Rescue Department, the rate of 42 '/z cents per $100 to be applied to airplanes and zero tax to
be applied to antique vehicles. Mobile homes will be taxed at the real estate rate. The Business
and Professional Occupational License rates are as follows: retail 20 cents per $100 of gross
receipts, contractors 16 cents per $100 of gross receipts, professional services 58 cents per $100
of gross receipts, personal and business 36 cents per $100 of gross receipts, wholesale 5 cents per
$100 of purchases and the rate of $2.00 per $100 of assessed value on declining values to be
applied to machinery and tools, and contract classified vehicles. Meals tax at an adopted rate of
4 cents per $1. Lodging tax at an adopted rate of 2 cents per $1. County decals at an adopted
rate of $25 per vehicle and $10 per motorcycle. The Sanitary Landfill fees are as follows: $45
per ton for commerciaUindustrial; $42 per ton for construction demolition debris; $24 per ton for
municipal waste and $24 per ton far municipal sludge. The local tax for Enhanced 911 Service
will continue to be at a set rate of $1.60.
BE IT FURTHER RESOLVED that appropriations are hereby authorized for the central
stores fund, special welfare fund, comprehensive services fund, county health insurance fund,
school health insurance fund, length of service fund, employee benefits fund, maintenance
insurance fund, sales tax fund and commonwealth sales tax fund equal to the total cash balance
on hand at July 1, 2007, plus the total amount of receipts for the fiscal year 2007-2008. The Fire
Company Capital appropriation will include the current year appropriation plus any unused funds
at the end of the fiscal year 2007.
BE IT FURTHER RESOLVED that the construction fund projects will be appropriated
as a canyforward in the amount that equals the approved original project cost, less expenditures
and encumbrances through June 30, 2007.
Upon motion made by Bill M. Ewing, and seconded by Philip A. Lemieux, the above
resolution was approved by the following recorded vote:
Richard C. Shickle 'Aye Gene E. Fisher Aye
Bill M. Ewing
Gary W. Dove
Barbara E. Van Osten
Aye Philip A. Lemieux Aye
Aye Charles S. DeHaven, Jr. Aye
Nay
A COPY TESTE:
John .Riley, Jr.
Clerk, Board of Supervisors
County of Frederick, Virginia
Resolution No.: U58-07
COUNTY of FREDERICK
Finance Department
Cheryl B. Shiffler
Director
540/665-5610
Fax: 540/667-0370
E-mail: cshiffle@co.frederick.va.us
TO: Board of Supervisors
FROM: Cheryl Shiffler, Finance Direct ~~
DATE: April 5, 2007
SUBJECT: FY 2008 Budget Resolution
Two different FY 2008 Budget Resolutions have been included in the agenda for your
consideration and approval. The difference between the two resolutions is that one
provides funding to the schools by fund, the other by fund and category.
There are several changes from the advertised budget to the resolution. The resolution is
actually less than the advertisement budget as a result of substantial additional cuts in the
Regional Adult Detention Center budget. Other changes include a grant that requires no
local dollars for Lord Fairfax Soil and Water Conservation and changes in federal
funding and debt service for the School Operating Fund and School Debt Service Fund.
A copy of a memo that was sent to all board members explaining the school changes is
also attached.
If you have any questions, or need more detail, please call me.
107 North Kent Street Winchester, Virginia 22601
-*° ° Frederick County Public Schools
.. to ensure all students an excellent education
d
Lisa K. Frye, Director of Finance
M~-
iryel@frederick.k 12.va.us
TO: Cheryl Shiffler, Finance Director, Frederick County Government
FROM: Lisa K. Frye, Executive Director of Finance ~/
DATE: March 22, 2007
SUBJECT: FY2008 Adjustments to BOS Proposed School Operating and Debt Funds
On Tuesday evening, March 20, 2007, the school board adjusted the FY2008 budget for the school
operating fund and debt service fund. The adjustments are described herein and response is requested to
ensure the adjustments are acknowledged and accepted.
School Operating Fund:
Revenue
Non Revenue
Total Fund
School Debt Service Fund:
Revenue
Non Revenue
Total Fund
$ 67,684,318 (an increase of $108,635 due to higher grant notification)
$ 62,996,099 (an increase of $335,261 due to less debt service need)
$130,680,417
$ 1,962,639
$12,156.526 (a decrease in scheduled interest payment)
$14,119,165
It is my understanding that discussions have taken place between supervisors, school board members,
and the superintendent and that those discussions led to the general acceptance of the transfer of the
local dollars to the operating fund from the debt service fund: I assume the $335,261 adjustment
between funds will not create a difficulty concerning the advertised amount going to public hearing.
Further, I understand that the $108,635 for the increased federal grant is below the $500,000 limitation
you have that requires you to re-advertise. Please let me know if this is correct.
Thank you.
C: Patty Taylor, Superintendent
Frederick County Public Schools
Q ... to er-~s~re ail students an excel€ent educatieE~
Executive Director of Finance
M~-~~-,
DATE: March 15, 2007
fryel~fred~ick.kl2.va.us
TO: Cheryl Shiffler, Finance Director
K- ~~ ~
FROM: Lisa K, Frye, Executive Director of Finance"'
RE: Updated Debt Service Budget- FY2008
As stated in my December 11~ correspondence to you regarding the FY2008 debt
service budget,. the principal and interest projections were based on the school board
approved CII' dated November 2006. The projections depended on the timing and
amount of each debt issue. The report has been updated to reflect the actual borrowing
amount of the Spring 2007 issue. The projected amortization schedule for the bond issue
was received this week The FY2008 debt service fund total is now $14,119,165. This
amount is $182,095 over the FY2007. However, the local share of the fund is a reduced
amount. The local funding needed for this fund in FY2008 is $11,792,300 which is
$61,5761ess than FY2007 and is detailed on the attached summary.
Please note that this revised schedule reduces the school board's request for debt
service funding by $335,261 for FY2008 to the total shown above of $11,792,300.
If you have any questions, please let me know.
C: Patricia Taylor, Superintendent
Attachments (2)
Debt Service Fund Revenue ~ Expenditure Stateme nt
.. r'
r .~
BEGINNING BALANCE, JULY 1 557,764 122$17 19D,099 214,001 51,789 364,226 2.6% 312,437 603.3%
RECEIPTS:
Sfate Loflery Proceeds 1,560,060 1,69B,4D1 1,603,218 1,786,814 1,779,227 1,706,201 12.1% (73,026) ~.1%
School Construction 245,776 246,956 250,757 251,373 252,176 256,438 1.8% 4,260 1.7%
Total Receipts 1,605,858 1,945,559 2,053,975 2,038,18T 2,057,40.5 1,962,639 75.9% (68,766) 3A%
TRANSFERS IN:
County General Fund 8,825,343 10,554,029 11,438,765 17,438,765 11,853,876 11,792,3D0 835% (61,576) -0S%
Sotal Transfers In 8,826,543 70,556,029 17,458,765 11,438,765 71,853,876 17,79Z,3D0 83.5% (61,576) -0.5%
Total Funds Available 77,788,345 t 621,9Q5 13,682,839 15,690,953 73,937,070 14119165 700.0% 162,095 7.3°/.
EXPENDITURES:
Payment of Bonds 5,221,766 6,085,225 6,892,051 6,892,057 7,378,983 7,541,026 53.4% 162,045 2Z%
Payment of Literary Loans 1,D83,179 1,D86,585 1,083,179 1,083,179 1,083,179 1,033,179 7.3% (SD,D00) -4.6%
Other Loans 371,071 371A71 371,071 371,071 D.0% -
Subtotat -Payment of Principal 6,676,016 7,544,881 8,346,301 B,34fi,301 8,462,762 8,574,207 60.7% 772,045 1.3'
Interest on Bonds 3,961,204 4,473,707 4,961,602 4,927,209 5,134,fi58 S,Z39,393 37.1% 104,735 2.0%
Interest an LNera Loans 419,307 378,21fi 349,936 349,937 375,250 280,565 2.0% ,68 -71.0%
Subtotal -Payment of Interest 4,380,511 4,852,323 5,577,538 5,277,746 5,449,906 5,678,858 39.7% 70,05D 1.3%
Mrscellaneous Charges 9,3D0 10,70D 25,ODD 12,2DD 25,000 25,000 D.2% - D.D%
Total Disbursemerds 17,065 827 12,40T,90~4 13,662,839 13,635,647 73,937,070 14,119,165 100.0% 162,085 1.3%
ENDING BALANCE, JUNE 30 122$17 214,OD7 - 55,3D6 - -
j .51~~~
~_
L:IKristenlBudget FYD81Budget DocurrrerrHFinaneial Statements-FY2~6 Debt Svc Detail
Debt Service Fund Revenue & Expenditure Statement
.. ~ . -.
° -
.
BEGOVNING BALANCE, JULY 1 ~ 557,164 122,517 190,099 214,001 55,789 364,226 25% 312,437 603.3%
RECEIPTS:
State Lottery Proceeds
1,560,060
1,698,401
103,218
1,786,614
7,779,227
1,7ffi,331
0
12.3%
8%
1
4,104
4
482
D2%
1.8%
School Construction 245,778 246,958
354
945
1 250,757
053
975
2 251,373
038
187
2 252,178
031,405
2 256,66
2,039,991 .
14-0°,L ,
6,586 0.4Y.
Total Receipts 7,805,838 ,
, ,
, ,
, ,
TRANSFERS IN:
County General Fund
6,825,343
10,554,029
11,438,765
11,438,765
11,853,876
72,127,561
ffi5%
ffiS%
273,685
665
275
~ 2.3%
2.3%
Total Transfers In 8,625,343 70,554,029 111438,785 11,438,765 11,853,876 12,127,561 ,
Total Funds Available 1t,788,345 72,621,905 13,662,639 13,690,953 13,937,070 14,531,778 100.0% 594,708 4.3Y.
EXPENDITURES:
Payment of Bonds
5,221,766
6,085225
6,892,051
6,892,051
7,378,983
7,541,028
779
519%
7
1%
162,045
000)
(56
2.2%
-4.6%
Payment oT LMerary Loans 1,083,179 1,068,585 1,083,179 7,063,179 1,053,179 1,033, .
O
D% ,
-
Older Loans
Subtotal -Payment of Principal 377,071
6,676,076 371,071
7,544,881 371,071
8,346,307 377,071
8,346,301 8,462,162 -
8,574,207 .
59A% 172,045 1.3%
Interest on Bonds 3,967,204 4,473,107 4,961,602 4,927,21)4 5,134,658 5,l~2,006
565 389%
9%
i 517,348
685
('s4 10.1%
-11.0%
hderest on Liters Loans 479.307
511
60 379116
4
652
323 349,936
538
5
311 349,937
746
5
277 315,250
5,449,908 286,
5,932,577 _
40.8% ,
482,663 8.9Y°
Subotal - Payment of Interest ,
4,3 ,
, ,
, ,
,
Miscellaneous Charges 9,300 10,706 25,000 52200 25,000 25,006 62% - D.0%
Total Disbursemerds 11 065,627 12,407,904 13,6712,839 13.635 647 13,937,670 74,531,778 100.0% 594,706 4.3°k
ENDING BALANCE, JUNE 3D 122,517 214,001 - `~+-+`.~ -
T
UJ
~~,- I I -~ (.p
i ~#;~ ~
L l'31 `a. emu. f ~. ~ •:.. ~ ~ T .:_ i
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I ~- ~'~'.:~-aft.
L:1KristentBudget FY~1Budget DocumerdlFinancial Statemenis~FY2068 Debt Svc Detail
NOTICE OF PUBLIC HEARING
FREDERICK COUNTY, VIRGINIA
The Board of Supervisors of Frederick County invite comments on the Proposed Budget for the Fiscal yeaz ending June 30, 2008.
Verbal comments may be presented at the Public Hearing scheduled at:
7:15 p.m., Wednesday, March 28, 2007 at County Administration Office Building
For the purpose of the public hearing on March 28, 2007, written comments may be mailed to the Office of the County Administrator, 107
North Kent Street, Winchester, Virginia 22601, or may be presented to the Board at its public hearing. Anyone wishing to address the
Board on March 28, 2007, is encouraged to call the County Administrator's office (665-5600) and have their name placed on a speaker list.
The following synopsis of the budget is published for information and planning purposes only. No money shall be paid out or become
available to be paid out for any contemplated expenditure unless and until there has first been made an appropriation by the Board of
Supervisors.
PROPOSED FY 2007-2008 BUDGET
ADOPTED PROPOSED
2006-2007 2007-2008 DIFFERENCE
GENERAL OPERATING FUND:
71,503,000
77,818,000
6,315,000
General Property Taxes 26,894,990 29,627,316 2,732,326
Other Local Taxes 3,231,542 3,263,680 32,138
Permits and Privilege Fees 264.098 348,708 84,610
Fines and Forfeitures 921
662 1,424,997 762,076
Revenues from Use of Money and Property ,
2,842,363 2,849>368 7,005
Chazges for Services 164,755 463,680 298,925
Miscellaneous Revenues 1,862,495 1,290,275 -572,220
Recovered Cosa 848,782
7 8,395,078 546,296
Revenue from the Commonwealth ,
267,593 237,593 -30.000
Revenue from the Federal Government
Non Revenue Receipts:
Funding from Fund Balance
TOTAL REVENUE -GENERAL OPERATING FUND
NORTHWESTERN REGIONAL ADULT DETENTION CENTER FUND:
Revenue from the Commonwealth
Revenue from the Federal Governmem
Other local revenue
Locality Contributions
Non-Revenue:
Transfer from General Operating Fund
Bond Proceeds
Funding from Fund Balance
TOTAL REVENUE - NRADC FUND
FREDERICK-WINCHESTER LANDFILL FUND:
Revenue From Use of Money and Propery
Miscellaneous Revenues
Recovered Costs
Revenue from Local Sources:
Sanitary Landfill Fees and Charges
- Revenue from the Commonwealth
Non-Revenue:
Funding from Fund Balance
5,851,964 6,500,000 648,036
121,394,503 132,218,695 10,824,192
6,317,306 6,981,441 664,135
521,950 511,000 -10,950
1,057,966 1,323,579 265,613
4,456,530 6,255,374 1,798,844
2,181,830 2,772,843 591,013
1,320.000 0 -1.320,000
472,058 311,511 -160,547
16,327,640 18,155,748 1,828,108
550,000 800,000 250,000
3,000 3.000 0
0 220.000 220.000
7,034,353 7,712,093 677,740
20,000 0 -20,000
1,966,168 281,100 -1,685,068
TOTAL REVENUE -LANDFILL FUND
9,573,521 9,016,193 -557,328
DIVISION OF COURT SERVICES FUND: 214,100 224,660 10,580
Locality Contributions 733,422 888,099 154,677
Revenue from Other Local Sources
246,693
307,375
60,682
Revenue from the Commonwealth
Non-Revenue:
109,770
31,042
-78,728
Funding from Fund Balance
TOTAL REVENUE -DIV. OF COURT SERVICES FUND 1,303,985 _ 1,451,196 147,211
SHAWNEELAND SANITARY DISTRICT FUND: 10,000 120,000 110,000
Revenue from Use of Money and Pmperty
1,309,710
633,977
-675,733
Revenue from Local Sources
Non-Revenue:
0
266,765
266,765
Funding from Fund Balance
TOTAL REVENUE-SHAWNEELAND SANITARY 1,319,710 1,020,742 -298,968
DISTRICT FUND
AIRPORT OPERATING FUND:
2,395,700
2,869,793
474,093
Other Revenue ~'~ 23'~ 2'~
Revenue from Commonwealth
Non-Revenue:
54,537
52,279
-2,258
Transfer from General Operating 21,738 20,839 -899
Other Localities
TOTAL REVENUE -AIRPORT OPERATING FUND
2,492,815 2,966,551 473,736
CONSOLIDATED SERVICES FUND:
Revenue fmm Local Sources
TOTAL REVENUE -CONSOLIDATED SERVICES FUND
300,000 300,000 0
300,000 300,000 0
SCHOOL OPERATING FUND:
1,063,020
990,225
-72,795
Revenue from Local Sources 59,472,285 62,346,785 2,874,500
Revenue from the Commonwealth 4,707,880 4,238,673 -469,207
Revenue from the Federal Government
Non-Revenue:
303,146
58
62,660,838
4,357,692
Transfers-General Operating Fund ,
TOTAL REVENUE -SCHOOL OPERATING FUND 123.546,331 130,236,521 6,690,190
SCHOOL CAPITAL FUND:
Non-Revenue:
Transfers -General Operating Fund
Fuctding from Fund Balance
TOTAL REVENUE -SCHOOL CAPITAL FUND
665,701
0 750,000
300,000 84.299
300,000
665,701 1,050,000 384,299
SCHOOL CAFETERIA FUND:
Revenue from Local Sources
Revenue from the Commonwealth
Revenue from the Federal Government
2,910,085 3,145,523 235,438
66,991 66,820 -171
1,175,903 1,262,486 86,583
Non-Revenue:
Carry-forward -Prior Years 910,573 1,004,376 93,803
TOTAL REVENUE -SCHOOL CAFETERIA FUND 5,063,552 5,479,205 415,653
SCHOOL DEBT SERVICE FUND:
Revenue from the Commonwealth 2,031,405 2,039,991 8,586
Non-Revenue:
Carry-forward -Prior Years 51,789 364,226 312,437
Transfers from General Operating Fund 11,853,876 12,127,561 273,685
TOTAL REVENUE -SCHOOL DEBT SERVICE FUND
SCHOOL TRUST FUNDS:
Revenue from Local Sources
TOTAL REVENUE -SCHOOL TRUST FUNDS
13,437,070 14,531,778 594,708
1,100 1,100 0
1,100 1,100 0
SCHOOL TEXTBOOK FUND:
Revenue from Local Sources 18,650 18,500 -150
Revenue from the Commonwealth 778,006 774,235 -3,771
Non-Revenue:
Transfer from School Operating Fund 517,662 517,662 0
Transfer from Trust Funds 0 150 150
Carry-forward -Prior Years 171,500 107,683 -63,817
TOTAL REVENUE -SCHOOL TEXTBOOK FUND 1,485,818 1,418,230 -67,588
NREP OPERATING FUND:
Revenue from Local Sources 4,962,128 4,901,393 -60,735
Revenue from the Commonwealth 26,000 26,000 0
Revenue from the Federal Government 85,000 85,934 934
Non-Revenue:
Carry-forward -Prior Years 300,266 300,000 -266
TOTAL REVENUE - NREP OPERATING FUND
NREP TEXTBOOK FUND:
Non-Revenue:
Transfer from NREP Operating Fund
Carry-forward -Prior Years
TOTAL REVENUE - NREP TEXTBOOK FUND
AIRPORT AUTHORITY CAPITAL PROJECT FUND:
Non-Revenue:
Transfer from General Operating Fund
Other Localities
Revenue from Commonwealth
Revenue from the Federal Government
TOTAL REVENUE-AIRPORT AUTHORITY CAPITAL
PROJECT FUND
5,373,394 5,313>327 -60,067
10,000
20,000 10,000
20,000 0
0
30,000 30,000 0
43,861 78,824 34,963
37,484 51,421 13,937
117,130 320,980 203,850
679,250 1,662,500 983,250
877,725 2,113,725 1,236,000
UNEMPLOYMENT COMPENSATION FUND:
Carry-forward -Prior Years 10,000 10,000 0
TOTAL REVENUE -UNEMPLOYMENT COMPENSATION FUND 10,000 10,000 0
TOTAL REVENUE -ALL FUNDS 303,702,865 325,313,011 21,610,146
Less Transfers Be[ween Funds 73,630,613 78,970,157 5,339,544
NET REVENUE -ALL FUNDS 230,072,252 246,342,854 16,270,602
EXPENDITURES:
GENERAL OPERATING FUND:
Administration 6,590,744 7,470,931 880,187
Judicial Administration 1,840,900 2,058,086 217,186
Public Safety 20,334,912 22,502,389 2,167,477
Public Works 3,897,695 .4,902,593 1,004,898
Health and Welfare 6,692,735 7,047,695 354,960
Community College 60,265 73,847 13,582
Parks, Recreation and Cultural 5,296,845 5,691,654 394,809
Community Development 3,041,140 2,824,311 -216,829
Non-Departmental:
Transfer to School Operating Fund 58,303,146 62,660,838 4,357,692
Transfer to Debt Service Fund 11,853,876 12,127,561 273,685
Transfer to School Capital Fund 665,701 750,000 84,299
Other Transfers-General Fund 2,816,544 4,108,790 1,292,246
TOTAL GENERAL OPERATING FUND 121,394,503 132,218,695 10,824,192
NORTHWESTERN REGIONAL ADULT DETENTION CENTER FUND:
Expenditures 16,327,640 18,155,748 1,828,108
FREDERICK-WINCHESTER LANDFILL FUND:
Expenditures 9,573,521 9,016,193 -557,328
DIVISION OF COURT SERVICES FUND:
Expenditures 1,303,985 1,451,196 147,211
SHAWNEELAND SANITARY DISTRICT FUND:
Expenditures 1,319,710 1,020,742 -298,968
AIRPORT AUTHORITY OPERATING FUND:
Expenditures 2,492,815 2,966,551 473,736
CONSOLIDATED SERVICES FUND:
Expenditures 300,000 300,000 0
SCHOOL OPERATING FUND:
Expenditures 123,028,669 129,718,859 6,690,190
Transfer to Textbook Fund 517,662 517,662 0
TOTAL SCHOOL OPERATING FUND
SCHOOL CAPITAL FUND:
School Capital Outlay
SCHOOL CAFETERIA FUND:
Expenditures
SCHOOL DEBT SERVICE FUND:
School Debt
SCHOOL TRUST FUNDS:
Expenditures
SCHOOL TEXTBOOK FUND:
Expenditures
NREP OPERATING FUND:
NREP Operating
Trattsfer to NREP Textbook Fund
TOTAL NREP OPERATING FUND
NREP TEXTBOOK FUND:
Expenditures
AIRPORT AUTHORITY CAPITAL PROJECT FUND:
Airport Capital Outlay
UNEMPLOYMENT COMPENSATION FUND:
Unemployment Compensation Payments
123,546,331 130,236,521 6,690,190
665,701 1,050,000 384,299
5,063,552 5,479,205 415,653
13,937,070 14,531,778 594,708
1,10(1 1,100 0
1,485,818 1,418,230 -67,588
5,363,394 5,303,32? -60,067
10,000 10,000 0
5,373,394 5,313,327 -60,067
30,000 30,000 0
877,725 2,113,725 1,236,000
10,000 10,000 0
TOTAL EXPENDITURES -ALL FUNDS 303,702,865 325,313,011 21,610,146
Less Transfers Between Funds 73,630,613 78,970,157 5,339,544
NET EXPENDITURES -ALL FUNDS
230,072,252 246,342,854 16,270,602
TAX RATES
(Rate per $100)
REAL PERSONAL
ESTATE PROPERTY
Assessment Year -
2007 -Proposed .525 4.20
Volunteer Firefighters 2.25
A tax rate of 42 I/2 cents will be applied to airplanes and zero tax to be applied to antique vehicles. Mobile homes will be taxed at
the real estate rate. Meals tax is proposed at 4'% of gross receipts. Lodging will be taxed at 2% of gross receipts. The Business
and Professional Occupational License rates aze as follows: contractors 16 cents per $100 of gross receipts, retail 20 cents per
$100 of gross receipts, professional services 58 cents per $100 of gross receipts, persona) and business 36 cents per $100 of
gross receipts, wholesale 5 cents per $100 of purchases and the rate of $2.00 on declining values to be applied to machinery and
tools and contract carrier classified vehicles.
MACHINERY & TOOL TAX
(Effective Jan. 1, 1993)
YEAR ASSESSMENT RATIO TAX RATE
I 60% 2.00
2 50~ 2.00
3 404f, 2.00
4 30% 2.00
Assessment ratio holds at 30%, for fife of equipment
Vehicle Motorcycle
$25 $10
SANITARY ANDFI F
$45 per ton -Commercial/Industrial
$42 per ton -Construction Demolition pebris
$24 per ton -Municipal
$24 per ton -Municipal Sludge
CHERYL B. SNIFFLER
FINANCE DIRECTOR
FREDERICK COUNTY, VIRGINIA
buAad08