2005-2006 WICOMICO COUNTY REVENUE ESTIMATES
Acct #	DESCRIPTION	2001-2002 BUDGET	2002-2003 BUDGET	2003-2004 BUDGET	Update #	2004-2005 ESTIMATE	2005-2006 ESTIMATE
	ESTIMATED PROPERTY TAX ASSESSABLE BASES
	REAL PROPERTY
	REAL PROPERTY	######	#REF!	######		3,968,917,370	4,323,530,374
	PERSONAL PROPERTY
	PUBLIC UTILITY AND RAILROADS	######	######	######		138,211,670	123,258,000
	OTHER BUSINESS PERSONAL PROPERTY TAXES	######	######	######		319,312,380	330,244,100
	LOCAL MANUFACTURING EQUIPMENT EXEMPTION	######	######
	TOTAL PERSONAL PROPERTY	######	######	######		$                    457,524,050	$                    453,502,100
	TOTAL ASSESSABLE BASE	#REF!	#REF!	######		$                 4,426,441,420	$                 4,777,032,474
	ESTIMATED TAX REVENUES (See next page for calculations)
	EXISTING REAL PROPERTY	######	######	######		40,681,430	42,932,657
	NEW CONSTRUCTION			######		1,421,611	1,507,167
	TOTAL			######		42,103,041	44,439,824
	Tax Rate	$   1.070	#REF!	1.041		1.025	0.993
	PERSONAL PROPERTY	######	######	######		11,726,341	11,623,259
	Tax rate (2.5 times the tax rate for real property per state law)	$   2.675	#REF!	2.603		2.563	2.483
	GROSS PROPERTY TAX REVENUE	######	######	######		$                      53,829,382	$                      56,063,083
	PROPERTY TAX - CREDITS
	LOCAL MANUFACTURING EQUIPMENT EXEMPTION		######	######		(2,800,000)	(2,700,000)
	AMOUNT DUE SUBDIVISION - FIN TAX	######	######	######		(21,209)	(21,209)
	ADDITIONS & ABATEMENTS NET	######	######	######		(270,000)	(310,000)
	TAX CREDIT EXEMPTS	######	######	######		(123,000)	(128,000)
	ALLOWANCE FOR LATE TAX COLLECTIONS - Deferred Taxes	######	######	######		(320,000)	(325,000)
	DISCOUNT ON TAX PAYMENTS	######	######	######		(325,000)	(335,000)
	TOTAL CREDITS	######	######	######		(3,859,209)	(3,819,209)
	NET PROPERTY TAX REVENUE	######	######	######		$                      49,970,173	$                      52,243,874
	OTHER REVENUES
	TAXES
	PENALTIES & INTEREST - Delinquent Taxes	######	######	######		250,000	125,000
	LOCAL INCOME TAXES	######	######	######		32,000,000	35,185,000
	STATE REALLOCATION OF INTEREST/PENALTIES					0	114,903
	ADMISSIONS & AMUSEMENT TAXES	######	######	######		200,000	225,000
	RECORDATION TAXES	######	######	######		3,300,000	4,200,000
	TOTAL OTHER TAX REVENUES	######	######	######		35,750,000	39,849,903
	RESTRICTED REVENUES
	MARRIAGE LICENSES	20,000	20,000	20,000		20,000	21,000
	STATE'S ATTORNEY PROGRAMS	50,000	50,000	45,000		45,000	165,000
	POLICE PROTECTION GRANT (AID TO LOCAL LAW ENFORCEMENT)	######	######	######		232,861	358,653
	SHERIFF GRANTS	######	######	######		305,456	321,600
	SHERIFF COPS GRANT			incl. in above		703,000	0
	SHERIFF FROM DRILL ACADEMY		0	######		1,397,456	0
	SHERIFF MISCELLANEOUS REVENUE (Reimbursements)		0	######		235,529	278,358
	CIRCUIT COURT GRANTS	80,000	52,012	42,000		42,000	145,986
	JUROR FEES - CIRCUIT COURT	80,000	######	######		110,000	110,000
	DISPARITY GRANT - RESTRICTED PORTION	0	######	######		562,430	562,430
	STATE EMERGENCY MANAGEMENT GRANT	26,175	30,785	32,837		32,884	32,920
	EMERGENCY MANAGEMENT GRANTS (OTHER)			0		571,868	352,132
	#911 FEE	######	######	######		522,792	506,554
	SECOND WIND PASS THROUGH GRANT (Moved to grant fund FY05)	######	######	######		0
	HEALTH DEPARTMENT GRANTS	93,114	95,104	99,610		51,445	90,326
	CORRECTIONS PER DIEMS	######	######	######		2,539,015	3,178,692
	CORRECTIONS WORK RELEASE	25,000	######	######		184,600	265,720
	CORRECTIONS PRE-TRIAL AND OTHER REVENUES	10,000	######	32,348		52,756	144,063
	CORRECTIONS GRANTS					0	300,000
	CORRECTIONS COLLECTION ACTIVITY	0	######	0		91,163	0
	TOTAL RESTRICTED REVENUES*	######	######	######		7,700,255	6,833,434
	*Restricted by law, regulation, or County Council Decision
	INTEREST ON TEMPORARY INVESTMENTS	######	######	######		275,000	550,000
	LICENSES AND PERMITS
	LIQUOR LICENSES/FEES	######	######	######		160,485	161,000
	TRADERS' LICENSE	60,000	57,000	57,000		60,000	62,500
	TRAILER	######	######	######		260,000	260,000
	DOG - RABIES & SHELTER	0	0
	BUILDING	######	######	######		235,000	235,000
	ELECTRICAL (moved to Enterprise Fund in FY2005)	40,800	27,325	27,400		0
	SUBDIVISION REVIEW FEES	######	35,000	35,000		40,000	60,000
	AMUSEMENTS	9,500	4,500	4,500		5,000	5,000
	FIRE PROTECTION	90,000	60,000	90,000		100,000	181,000
	LICENSES & PERMITS - OTHER	6,500	5,000	4,000		4,500	4,500
	TOTAL LICENSES AND PERMITS	######	######	######		864,985	969,000
	OTHER REVENUES
	DISPARITY GRANT - UNRESTRICTED PORTION	######	######	######		1,394,570	763,501
	PRIOR YEAR CARRY FORWARD FUND BALANCE	######	######	######		2,582,650	#REF!
	WICOMICO COUNTY LIQUOR BOARD	######	######	######		386,050	321,602
	CATV FRANCHISE FEE	######	######	######		460,000	525,000
	P&Z - CITY OF SALISBURY	######	######	######		150,000	150,000
	P&Z PROGRAM GRANTS	44,000	54,850	######		104,580	109,399
	P&Z ZONING FEES - VARIOUS	######	32,844	63,398		67,000	80,000
	REIMBURSEMENT FROM SOLID WASTE	######	######	20,000		28,268	28,268
	REIMBURSEMENT TO SHERIFF FROM BOARD OF ED	54,517	54,518	66,750		72,864	85,592
	REIMBURSEMENT TO CORRECTIONS FROM ROAD & SOLID WASTE	90,000	######	######		112,302	112,302
	REIMBURSEMENT FROM ROADS - FRINGE BENEFITS	52,500	######	0	487195
	REIMBURSEMENT FROM AIRPORT - FRINGE BENEFITS	0	78,573	0	64810
	REIMBURSEMENT FROM TOURISM - FRINGE BENEFITS	0	57,000	0	64343
	OFFSET FOR FY2005 EXPENSES						700,000
	TOTAL OTHER REVENUES	######	######	######		5,358,284	#REF!
	CHARGES FOR SERVICES/RENT
	SHERIFF'S FEES AND VIOLATIONS	92,658	######	######		125,000	125,000
	GOB OPERATING EXPENSE - CITY OF SALISBURY	68,900	62,000	61,760		61,143	63,142
	LEASED ASSETS/LOAN PAYMENTS	######	######	40,577		32,283	11,400
	MOSQUITO CONTROL	98,000	65,000	65,000		80,000	75,000
	GENERAL SERVICES CHARGES	12,000	4,500	0		3,500	0
	HUMAN RESOURCE SERVICES - CITY OF SALISBURY	60,000	75,000	75,000		85,000	100,000
	MIS SERVICES - CITY OF SALISBURY	15,000	40,000	30,000		43,000	43,000
	URBAN SERVICES COMMISSION ADMINISTRATIVE SERVICES	45,000	45,000	52,000		54,000	54,000
	ROOM TAX COLLECTION ADMINISTRATION FEE	10,200	7,816	8,000		8,200	9,000
	TOTAL CHARGES FOR SERVICES/RENT	######	######	######		492,126	480,542
	RECREATION/TOURISM ACTIVITIES
	CIVIC CENTER - EVENT REVENUE	######	######	######		492,100	Moved to Enterprise Fund
	CIVIC CENTER - NON-EVENT REVENUE	######	######	######		441,650	Moved to Enterprise Fund
	RECREATION & PARKS PROGRAMS	16,000	12,000	12,300		10,000	10,000
	RECREATION & PARKS GRANTS	21,200	21,800	21,500		21,500	20,600
	RECREATION & PARKS ENTERPRISE	######	######	######		171,342	177,218
	RECREATION & PARKS MISCELLANEOUS	26,640	28,200	29,215		30,123	30,423
	TOURISM - ROOM TAX - Moved to Enterprise Fund	######	######	######		0	0
	TOURISM - INFORMATION CENTER - Moved to Enterprise Fund	4,850	23,500	33,500		0	0
	TOURISM - STATE GRANT - Moved to Enterprise Fund	20,000	48,234	44,500		0	0
	TOTAL RECREATION/TOURISM	######	######	######		1,166,715	238,241
	MISCELLANEOUS
	MISCELLANEOUS AND UNANTICIPATED REVENUE	25,000	10,000	10,000		46,200	18,700
	HEALTH DEPARTMENT - ESCROW TRANSFER	######	0
	TOTAL MISCELLANEOUS REVENUE	######	10,000	10,000		46,200	18,700
	TOTAL RESTRICTED REVENUE	######	######	######		7,700,255	6,833,434
	TOTAL OTHER REVENUE	######	######	######		43,953,310	#REF!
	TOTAL PROPERTY TAX REVENUE	######	######	######		49,970,173	52,243,874
	TOTAL REVENUE BEFORE WINDFALL	######	######	######		$                    101,623,738	#REF!
	ONE-TIME LOCAL INCOME TAX WINDFALL FROM STATE					900,000	0
	TOTAL REVENUE			######		$                    102,523,738	#REF!