2020 Consolidated Major Revenue and Debt Report

Major Revenue Sources REVENUE CATEGORIES In government, revenues are divided or accounted for in six major categories: Category 1 ........Taxes Category 2 .......Permits, Fees and Special Assessments Category 3 ....... Intergovernmental Category 4 .......Charges for Services Category 5 .......Judgments, Fines and Forfeitures Category 6 .......a. Miscellaneous and Capital Contributions b. Interest Income For the fscal year ended September 30, 2020, total County revenues were $1 billion. Throughout this report, each of the major revenue categories will be divided into the category’s largest revenue components. Most categories contain a chart and graph illustrating the fve-year history of the revenue, as well as a budget column depicting the amounts in the adopted fscal year 2021 budget. Each revenue source has a section devoted to it that contains budget and actual fnancial information for fscal year 2020 and budget information for fscal year 2021. Following the fnancial information will be a concise statement on the legal authority for collecting the revenue. In many cases, an ordinance, which is a law or regulation enacted by a local government, is the legal authority for collecting revenue. A brief description contains information on how the revenue is calculated, who collects the revenue, the efective date, the efective period, and other relevant information. The last section includes data on the uses and restrictions for the revenue. Many revenues received by the County must be used for a specifc purpose. This graph illustrates the County’s revenue of $1 billion accounted for in major revenue categories as of September 30, 2020. Miscellaneous and Capital Contributions $45.8M 4.51% Investments $27.4M Taxes $324.1M 2.70% 31.88% Judgments, Fines and Forfeits $2.8M 0.28% Permits, Fees and Special Assessments $101.9M 10.02% Charges for Services $385.4M 37.92% Intergovernmental $129.1M 12.70% TOTAL REVENUE BY CATEGORY 2020 $1 BILLION 6 Consolidated Major Revenue & Debt Report 2020