4. 2026 Budget in Brief - Laserfiche WebLink

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4E5..i4*r,f _ t ff, , • ° ,,y Kittitas CountyBudget OverviewBUDGET INKITTTT.#S('DUN TV BRIEF Fund Accounting Fund Types Kittitas County organizes its finances on the basis of • General Fund: used to account for general-purpose revenues and general government "funds", a universal convention for public-sector expenses. Virtually all local governments have one and only one General Fund. organizations. A "Fund" is a self-contained, independent . Special Revenue Funds: governmental funds which account for revenues collected for financial entity with its own assets and liabilities, and specific, restricted purposes. Examples include the County Road Fund, which shall only be financial statements within the organization's consolidated used to plan, build, and maintain roads. Kittitas County presently has twenty-three active financial statements. Special Revenue Funds. The 2026 County budget appropriates (i.e. formally • Debt Service Funds: governmental funds which account for payments on County debt. establishes the legal authority to spend) expenses to thirty Kittitas County has two active Debts Service Funds. funds, with over half of appropriations concentrated in four . Capital Project Funds: governmental funds that account for the acquisition or construction funds (general fund 29%, capital projects 13%, county of major capital assets. Kittitas County has three Capital Project Funds. broadband 11%, and county road fund 10%). a Proprietary - Enterprise Funds: used to account for County operations that are intended to Funds are further divided into departments which be financed primarily by fees charged to customers or users in a manner similar to a correspond to organizational units, but which are not private business. Examples would be the Solid Waste Fund, which finances the County distinct financial entities. Appropriations are set at the fund Transfer Stations and Landfill. Kittitas County has three Enterprise Funds. level, but are compiled and monitored at the department Proprietary - Internal Service Funds: account for the activities of operations, which are level. intended to be financed primarily by fees charged to other County funds or other government entities. They are governed by the same accounting conventions as Enterprise Funds. The Equipment Rental and Revolving Fund, which accounts for all the County Road equipment falls into this category. Kittitas County has three Internal Service Funds. VOTICE:All documents prepared, owned, used, or retained by the Kittitas CountyAuditor's Off,_ )ublic records and may be subject to disclosure pursuant to the Public Records Act(RCW 42.56)