Percent of total Special Revenue Fund revenues transferred from the General Fund. The objective is to reduce the dependency of taxpayer dollars from the General Fund to support Special Revenue Funds including Recreation, State Street Aid, Drug Asset Forfeiture, Federal Asset Forfeiture, Pickering, Ambulance and Farm Park.

 

Fiscal year 2023 reflects a 31.79% transfer from the General Fund to the Special Revenue Funds to help support operations. This means that for the total revenues received for the activities, 31.79% came from the General Fund. The transfer for fiscal year 2023 is lower than previous years due to the health of the Special Revenue Funds which allowed less funds needed for the General Fund. Also, in fiscal year 2021, the City transfer additional dollars to the State Street Aid fund which allowed the fiscal year 2022 and 2023 transfer to be lower. Lastly, in FY22 the City added an new Special Revenue Fund, Public Art, which is currently receiving a transfer from the General Fund. At this time, the Special Revenue Funds that are receiving transfer funds from the General Fund are State Street Aid, Ambulance, Public Art, and Farm Park.

 

Percent of total Enterprise Fund revenues received from the General Fund. The objective is to reduce the dependency of taxpayer dollars from the General Fund to support Enterprise Funds such as Germantown Athletic Club, Great Hall, Sanitation, and Stormwater.

 

Fiscal year 2023 reflects a .38% transfer from the General Fund to the Enterprise Funds to help support operations. This means that for the total revenues generated for each of those activities, only .38% came from the General Fund. This is the lowest the transfer has been since creating these funds. Compared to last, the transfer amount has decreased by 67% or $100,000. Being below the target means that the amount of money that is saved from transfers to Enterprise Funds can be used to assist in operational cost and capital projects such as police and fire equipment, school needs, and other departmental cost that are covered under the General Fund. The Utility Fund is not included in this equations because by law, the General Fund is prohibited from transferring monies to this fund. As of now, the only Enterprise Fund that is receiving a Transfer from the General Fund is the Great Hall & Conference Center.

 

The City has a high ability to impact this measure.