Overview of Arlington County’s Revenues & Expenditures
Last week, we growled about the County Manager’s FY 2012 proposed budget after noting that she plans to present the budget without an increase in the real estate tax rate. Let’s take a look today at some of the “overview” numbers in the proposed FY 2012 budget, which is now online. The selected numbers below are from the “budget summary tables” that were provided to the Board at their February 8 worksession:
General Fund Expenditures
- County Services -- $504.1 million, up 3.6%
- Metro Operations -- $$24.7 million, up 2.1%
- County Debt Service -- $55.5 million, down 1.0%
- School Transfer -- $378,2 million, up 4.9%
General Fund Revenues
- Real Estate Taxes -- $541.4 million, up 7.2%
- All Other Taxes -- $278.9 million, up 1.6%
Total General Fund Revenues -- $981.0 million, up 4.0%
Highest General Fund Expenditures
- Schools -- 38%
- Public Safety -- 12%
- Human Services (aka Health + Welfare), 12%
Highest Sources of General Fund Revenues
- Real Estate Taxes -- 55%
- Personal Property Tax -- 10%
- BPOL -- 6%
- State of Virginia -- 6%
Please return frequently to Growls since we expect to comment on various portions of the proposed FY 2012 budget until the Board adopts the FY 2012 budget on April 16, 2011, at which point the Arlington County Board adopts ownership of the FY 2012 budget.