Financial Sustainability

Pasco County will seek to preserve its financial well-being by creating a strong tax base, establishing a reserve policy, using a full range of revenue options, and matching the scope and shape of County government to availability of revenues and customers' requirements for services.

The Key Intended Results by which we will measure our success in this area include:

Fund Reserve Policies -  Beginning with FY 2010, in selected operating funds, increase budget reserves each year so that no later than FY 2015 each fund will reach and maintain a minimum of 16.7% in designated fund reserves consistent with fiscal policies established by the Board of County Commissioners to ensure Pasco County's long-term fiscal and financial stability.

Diversify Property Tax Base - Reduce dependence on the residential tax base by resetting the ratio between the residential and non-residential tax base from 62% / 38% by 1% per year until a 50% / 50% ratio is reached.