Kent County MD - Fiscal Budget

Fiscal Year 2010 Budget Information
Budget Dollars And Percentages

REVENUES

Revenue Category

Budget $

% of Total
Property Taxes $28,158,827 62.44%
Income Taxes 12,400,000 27.50%
Other Local & State Shared Taxes 1,727,400 3.84%
Intergovernmental  Revenue 966,714 2.14%
Fund Balance Resources 791,753 1.76%
Service Charges 487,280 1.08%
Rental Income 226,850 0.50%
Licenses & Permits 204,700 0.45%
Interest Income 75,000 0.17%
Fines & Forfeitures 48,500 0.11%
Miscellaneous 7,600 0.02%
Total Revenues $45,094,624 100.00%

EXPENDITURES

Expenditure Category

Budget $

% 0f Total

Board of Education-General $17,217,000 38.18%
Board of Education-Debt Service      1,005,244 2.23%
Board of Education-Capital          283,573 0.63%
Board of Education-OPEB          470,000 1.04%
Board of Education-Total    18,975,817 42.08%
Public Safety      9,041,668 20.05%
General Government      5,798,604 12.86%
Transfer to Other Funds      2,119,438 4.70%
Debt Service      1,726,100 3.83%
Public Works      1,708,339 3.79%
Parks, Recreation & Culture      1,439,955 3.19%
Conservation of Health          991,360 2.20%
Library          584,000 1.30%
Other Education          545,775 1.21%
Contingency          400,000 0.89%
Natural Resources          372,766 0.83%
Insurance          369,800 0.82%
Social Services          348,641 0.77%
Tourism Development          310,706 0.69%
Intergovernmental          189,210 0.42%
Economic Development          172,445 0.38%

Total Expenditures

$45,094,624 100.00%

WHERE DO YOUR PROPERTY TAXES GO

For every $100 of the assessed value of your property, you pay $.972 in property taxes.
Based on the Fiscal Year 2010 Budget expenditure categories shown above, this $0.972 would be allocated as follows:

Board of Education-General $0.371
Board of Education-Debt Service 0.022
Board of Education-Capital 0.006
Board of Education-OPEB 0.010
Board of Education-Total 0.409
Public Safety 0.195
General Government 0.125
Transfer to Other Funds 0.046
Debt Service 0.037
Public Works 0.037
Parks, Recreation & Culture 0.031
Conservation of Health 0.021
Library 0.013
Other Education 0.012
Contingency 0.009
Natural Resources 0.008
Insurance 0.008
Social Services 0.008
Tourism Development 0.007
Intergovernmental 0.004
Economic Development 0.004

Total

$0.972

This insert is provided for informational purposes only. Questions regarding this insert or tax bills should be directed to the Office of Finance at 410-778-7478.