George Zoettlein will present his mid-year budget adjustment to county commissioners Tuesday and is pleased his original projections are so close.
Each year, Zoettlein, assistant county administrator for budget and community services, waits for the county auditors to complete their work before presenting commissioners with a budget resolution.
That resolution shows the difference between the budgeted fund balance and the actual fund balance recorded at the end of the previous fiscal year.
With the audit recently completed, Zoettlein’s adjusted numbers are done and were released as part of the Tuesday board meeting agenda.
The general fund was $105 million for fiscal year 2012.
“When we looked at the actual figures, they were only off by $1.2 million out of $105 million, or 1.17 percent,” Zoettlein said.
The entire county budget was $441 million and encompassed everything from utilities, fire department and transportation trust.
Out of that, Zoettlein was off by $6.1, or 1.4 percent.
“That’s pretty darn close,” Zoettlein said, referring to the general fund and overall budget projections close to a year out. “We budgeted close to the vest.”
Zoettlein said the budgets have gotten so tight that “what was actually spent is close to what was budgeted.”
Any difference in mid-year adjustments is a one-time revenue/loss and commissioners are not encouraged to use it to fund recurring expenses, Zoettlein said.
To see the resolution and examine the budget, visit http://hernandocountyfl.iqm2.com/Citizens/Detail_LegiFile.aspx?Frame=&ID=7783&CssClass=