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Trusted local news leader for Kingman, Arizona & Mohave County
10:05 AM Sat, Nov. 17th

Budget up to $150 million from $145.8 million

The final budget adopted by the Mohave County supervisors Monday is more than $4 million higher than the tentative budget approved on July 9 because it contains carryover funds from special districts and grants, Financial Services Director Duc Ma said.

The general fund accounts for only $56.7 million of the total, according to a report issued by Ma's office.

His office projected that general fund revenues would hit $45.7 million, up $2 million from the 2000-2001 fiscal year, which ended June 30.

While the revenues are sliding, total resources are expected to rise because they factor in an increase in revenue and carryover from the existing sales tax from about $4.5 million in 2000-2001 to nearly $8.4 million in 2001-2002.

The county derives general fund revenues from sales and property taxes, fees, fines and other sources.

The majority of the county's overall budget comes from state and federal funds – including grants – and special district taxes.