2014 Work Program & Budget Adopted

The final 2014 Budget and Work Program was adopted by the Commission at its January 31, 2014 Quarterly Meeting. The updated document contains a detailed listing of program areas and specific projects, as well as the expected revenues and expenditures associated with FY 2014. The document amends and replaces the July, 2013 preliminary budget which was developed and approved for the sole purpose of establishing the 2014 tax levy.

Highlights of the 2014 Budget includes an increase in federal and state grants of 56.2 percent, mainly related to the receipt of an $837,000 Department of Defense-Office of Economic Adjustment grant.   This brings the Commission’s projected revenues total to just over $3 million for 2014. Only 22.6% of these revenues are derived from the 2014 charges levied to our member units of government.   Overall, the Commission’s finances are healthy and sufficient amounts of money have been accumulated in a ‘cash reserve’ account over the past nine years which will help the agency smooth out any unexpected revenue changes in the years to come.