Budget Overview

The annual budget of Clackamas Fire District #1 follows a specific format. Expenditures are broken down first by fund (primarily the General Fund), next by organizational division, and finally by object classification and object. Clackamas Fire District #1 articulates both revenues and expenditures on budget forms that are provided to both the County Tax Assessor’s office and the Oregon Department of Revenue.

The budget forms provide an overview of expenditures and revenues for all funds. These forms illustrate:

• Actual expenditures and revenues for two years preceding the current year;
• Budgeted expenditures for the current year; and
• Estimated expenditures and revenues for the upcoming fiscal year.

Once expenditures and non-property tax revenues (i.e. contract revenues, interest earned, etc.) for the upcoming fiscal year are determined, the county assessor determines the tax levy, based on the district’s permanent tax rate and the total assessed value of the district. The amount of property tax that can be generated is limited by the tax base, state tax law (Measures 5 and 50), and taxes that cannot be collected. The district considers all of these when developing its expenditure and revenue forecasts, early in the budget cycle. Evaluating the economic state of the general area, the district determines the percentage of anticipated tax revenue in an effort to determine the amount of money that will actually be collected. The district estimates revenues conservatively, based on historical data, contractual commitments, and information provided by the County Assessor’s office.

Documents

• Adopted Budget (Fiscal 2013-14)
  
  
• Financial Report (For The Year Ending June 30, 2012)
  
  
• Purchasing Policy

Budget Committee

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