FY99 Budget Highlights

FY1999 Budget

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Comparing FY98 and FY99

Funds available in FY99 will total $512.7 million. Of this, $457.8 million is being appropriated in this document for the various Tax Operating, Enterprise, Internal Service and Grant funds. Additional funds available are Bond and State Loan funds ($54.9 million).

A comparison of the major budget components is shown in the following table:

Total Funds Available
(millions)

	FY98 Budget	FY99 Budget
Tax Operating Funds	$ 247.4	$259.4
Internal Service Funds	6.5	7.0
Enterprise Funds	170.6	179.4
Grant Funds	12.0	12.0
Total Being Appropriated	$ 436.5	457.8
Bond/State Loan Funds Available	7.4	54.9
Job Training Partnership Act (Previously Appropriated)	.6	0
Grand Total	$ 444.5	$ 512.7

The net increase of $68.2 million, from $444.5 to $512.7 million, is primarily due to increases in Enterprise, Tax Operating, Bond and State Loan Funds.

The Tax Operating funds are increasing from $247.4 to $259.4 million, distributed as follows:

Tax Operating Funds
(Millions)

	FY98 Budget	FY99 Budget
General Fund	$ 191.5	$ 202.9
Utility Tax Funds	15.3	16.2
Community Investment Tax Fund	9.2	8.5
Gas Tax Fund	5.9	6.0
Transportation Impact Fee Fund	1.2	3.4
Cable Communications Fund	1.8	2.0
Debt Service	$ 247.4	$ 259.4

In FY99, Enterprise funds show a net increase of $8.8 million, primarily due to increases in the Sanitary Sewer and Solid Waste Departments.

Enterprise Funds
(Millions)

	FY98 Budget	FY99 Budget
Sanitary Sewer Fund	67.9	71.4
Water Fund	42.6	44.2
Utility Services Fund	1.0	1.0
Solid Waste Fund	47.8	50.7
Parking Fund	11.2	12.0
Marina Fund	.1	.1
Total	$ 170.6	$ 179.4