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10
BUDGET SNAPSHOT FISCAL YEAR 2020
Building Capacity
Commercial
53%
Residential
47%
TAX BASE
COMPONEN
TS
54%
28%
5%
3%
2%
1%
1% 3%
3%
Ad Valorem Taxes
$19,240,000
Intergovernmental
$10,116,400
Permits & Fees
$1,923,500
Sales & Services
$1,073,200
Restricted
$591,600
Miscellaneous
$422,600
Investment Earnings
$396,000
Transfer In/Other Sources
$1,250,000
Appropriation Fund Balance
945,000
$35,958,300
AAA Bond Rating
Tax Rate $0.39
per $100
Assessed Value
One Cent on Tax
Rate = $490K
$30 Vehicle Decal
Fee
$25 Stormwater
ERU Fee
Where the money comes from
What the money works for
$-
$2
$4
$6
$8
$10
$12
$14
Millions
Capital Projects & Reserves
•
Transportation Mobility Improvements
•
Future Fire Stations Land/Design
•
Crabtree Nature Park Design
•
Regional Stormwater Facility Town Center
•
Morrisville Community Park PH III Design
•
Northwest Fire Station Due Diligence
•
Park Amenities & Enhancements
Human Capital & Service Improvements
Technology Innovation & Smart Cities
Assessment
Equipment Replacements & Facility
Maintenance
New Debt Service – Roadway & Facility
Projects
BUDGET PRIORITIES
Note: Data represents General Fund and Stormwater Fund Combined.