County approves final budgets |

County approves final budgets

Staff Reports

Douglas Budget

General Fund $53 million

Special Revenue Funds $41.8 million

Proprietary Funds $32.6 million

Capital Project Funds $29.7 million

Debt Fund $3.9 million

Redevelopment Agency $8.0 million

Town of Gardnerville $3.9 million

Town of Genoa $.6 million

Town of Minden $8.1 million

TOTAL $181.6 million

Douglas County commissioners voted 5-0 to approve the final budgets for Douglas County, Douglas County Redevelopment and the Towns of Gardnerville, Genoa and Minden on Monday.

Chief Financial Officer Vicki Moore presented the final balanced budgets that totaled $182 million for fiscal year 2017-2018 is summarized below:

Nevada law requires that local governments submit a balanced budget.

The goals for the 2017-2018 budget included maintaining a structurally balanced budget with an emphasis on organizational sustainability and funding major projects. As a result, the County was able to transfer an additional $5 million into the County Construction Fund for capital projects. In addition, the County was able to institute a sustainable COLA and Merit system for County staff. The ability to fund these costs arose from an increase in revenues, reprioritizing existing budgets and reducing costs by going self-funded for workers compensation.

As part of the budget process, the 5-year Capital Improvement Program was also presented and voted. The current budget has $20.7 million available to fund capital improvement projects. 72 percent, or $15 million, of the $20.7 million has been identified to fund infrastructure projects for fiscal year 2017-2018.

To view the entire budget presentation visit: