Finance and Budget Documents
This page provides links directly to our budget and finance documents including Annual Comprehensive Financial Reports, FY22 budget, FY21 budget, FY20 budget, and previous budgets.
Fiscal Year (FY) 2022 Budget Information
For the 12th consecutive year, the county’s general fund millage rate will not increase for FY2022. The overall proposed tax rate also remains the same as last year -- at 8.2308 mills for the general fund, EMS, library and environmental lands. Although the millage rates did not increase, the Adopted Budget contains the necessary expenditures to maintain the delivery of exceptional services to the citizens and visitors of Osceola County while maintaining a focus on transportation, housing services and public safety.
While property valuations increased, the impact from the COVID-19 pandemic is still unknown, as the revenue associated with property values lags two years behind. Together with the County’s main revenue sources and the COVID Relief funds; the budget attempts to address the needs of the community in accordance with Board priorities. This includes expanding the existing road network, adding additional resources to support the programs to help property owners and residents impacted by the pandemic and continued focus on Public Safety. The Adopted Budget is a balancing act between available resources and the demand of mandated and core local government functions, including the above public safety and transportation needs, alongside concentrated efforts to grow and strengthen the County with desired quality of life amenities.
Fiscal Year (FY) 2021 Budget Information
The FY21 Budget was faced with many uncertainties due to the COVID-19 global public health crisis and the resulting economic impact, which was felt not only by Osceola County, but also across the world. The Board of County Commissioners established the FY21 Budget with the focus on the pandemic’s impact on the citizens and businesses, as well as continuing to provide the County’s core services, which includes maintaining the transportation network and public safety services.
A major component of the FY21 Adopted Budget consists of CARES Act federal grant funds, received from the State of Florida, Division of Emergency Management (FDEM), to assist many residents and businesses impacted by the pandemic. In an effort to leverage those funds to provide the most to the community, the Board identified the following strategies: housing/mortgage assistance, businesses assistance/economic recovery, education/training support, public health and food insecurities. With a federally imposed December 30th deadline but continuing needs, the County allocated the CARES grant dollars to Public Safety Payroll which freed-up General Fund dollars (CARES Replacement Funds) to use towards those strategies. This decision will allow the County to expand services while continuing to assist the residents of Osceola County beyond the deadline. The Board is committed to providing much needed services to our residents and businesses that continue to struggle due to the pandemic.
In summary, the FY21 Adopted Budget was prepared while keeping in mind the many uncertainties due to the COVID-19 global public health crisis and the resulting economic impact. As a result, the Adopted Budget remains status quo with no changes to millage rates and funds many mandated and core services, while focusing on the greatest needs of our citizens of Osceola County.
Fiscal Year (FY) 2020 Budget Information
For the 10th consecutive year, the county’s general fund millage rate will not increase for FY2020. The overall proposed tax rate also remains the same as last year -- at 8.2540 mils for the general fund, EMS, library and environmental lands.
While property valuations finally exceeded FY08’s valuation (from $26.3 billion to $28.4 billion), the increase in population also results in more demand for services – especially for public safety and transportation. During the same time, the County’s staffing levels have remained below pre-recession levels as property values were slowly recovering.
Whether it is being at capacity for responding to rescue calls, capacity in our inmate population at the jail or the more than $1B in needs to expand our existing road network, the Adopted Budget attempts to address these needs in accordance with the Board’s priorities. As a result, the Adopted Budget is a balancing act between available resources and the demand of mandated and core responsibilities, including the above public safety and transportation needs, alongside concentrated efforts to grow and strengthen the County with desired quality of life amenities.
BUDGET PROCESS
The below chart represents the County's budget / program planning cycle.
