FINAL ADOPTED BUDGET 2020-2021

DEBT SERVICE CONTRIBUTION

Voter-Approved Bonds: General Fund annual contribution to support principal and interest payments related to Voter-Approved Bonds.

Actual 2018-19

Budget 2019-20

Adopted 2020-21

Projected

2021-22

Expenditures by Program Voter-Approved Bonds

24,790,423

23,405,610

26,644,740

27,398,763

Total

24,790,423

23,405,610

26,644,740

27,398,763

Actual 2018-19

Budget 2019-20

Adopted 2020-21

Projected

2021-22

Expenditures by Type Maintenance & Operations

24,790,423 24,790,423

23,405,610 23,405,610

26,644,740 26,644,740

27,398,763 27,398,763

Total

24,790,423 24,790,423

General Fund Contribution

23,405,610 23,405,610

26,644,740 26,644,740

27,398,763 27,398,763

Total

Budget Highlights: The FY 20-21 Adopted Budget is decreasing by 1,854,317, or 7.0%. 

The budgeted contribution to the Debt Service Fund will decrease from $26.6 million to $24.8 million. This reduction is necessary due to the anticipated decreased revenues, especially from sales tax, for the General Fund, resulting from the economic impacts of COVID-19 especially on sales taxes.

Adopted 2020-21 Budget

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