PREPARED BY: DAVID R. ELLSPERMANN, CLERK OF THE CIRCUIT COURT AND COMPTROLLER BUDGET DEPARTMENT

PREPARED BY: DAVID R. ELLSPERMANN, CLERK OF THE CIRCUIT COURT AND COMPTROLLER BUDGET DEPARTMENT

Marion County Board of County Commissioners Budget Workshop - Proposed Budget Overview Monday, July 10, 2017 1) Budget Workshop Agendas Discussion Items Page 2) Comparison of Rolled-Back and Proposed Tax Levies 1 3) Comparison of Simple Majority Maximum and Proposed Tax Levies 2 4) Countywide -, Millage Rate & Property Tax Levy 3 General Fund - Analysis of Change in Millage Rate 4 Fine & Forfeiture Fund - Analysis of Change in Millage Rate 6 5) MSTU for Law Enforcement -, Millage Rate & Property Tax 7 MSTU for Law Enforcement - Analysis of Change in Millage Rate 8 6) Fire Rescue & EMS -, Millage Rate & Property Tax Levy 9 7) Countywide & Major MSTUs - Average Tax Levies - Single Family Properties 10 Countywide & Major MSTUs - Average Tax Levies - Selected Properties 11 8) Marion Oaks MSTU -, Millage Rate & Property Tax Levy 12 Marion Oaks MSTU for Recreation - Financial Forecast 13 9) Silver Springs Shores -, Millage Rate & Property Tax Levy 14 Silver Springs Shores Special Tax District - Financial Forecast 15 10) Hills of Ocala -, Millage Rate & Property Tax Levy 16 Hills of Ocala MSTU for Recreation - Financial Forecast 17 11) Rainbow Lakes MSD -, Millage Rate & Property Tax Levy Rainbow Lakes Estates Municipal Service District - Financial Forecast Rainbow Lakes MSTU -, Millage Rate & Property Tax Levy Rainbow Lakes Estates MSTU - Financial Forecast 18 19 20 21 12) Comparison of State Shared Operating Revenue Estimates - General Fund 22 Comparison of State Shared Operating Revenue Estimates - Transportation Fund 23 13) Revenue Adjustment for Certified Taxable Values @ 95% 24 14) Set Proposed (Maximum) Millage Rates before August 4, 2017 Tentatively scheduled for the Board's Regular Meeting of August 1, 2017 i

COUNTYWIDE Marion County Board of County Commissioners Comparison of ROLLED-BACK and PROPOSED Tax Levies Proposed Budget Fiscal Year 2017-18 Millage Rate Tax Levy Over (Under) Rolled-Back Rate Rolled-Back Proposed Rolled-Back Proposed Difference 16,538,300,239 General Fund Millage Rate and Levy 3.0731 3.34 $ 50,823,850 $ 55,237,923 $ 4,414,073 Fine & Forfeiture Fund Millage Rate and Levy 0.5106 0.53 $ 8,444,456 $ 8,765,299 $ 320,843 Health Unit Trust Fund Millage Rate and Levy 0.1156 0.12 $ 1,911,828 $ 1,984,596 $ 72,768 Parks Land Debt Service Fund Millage Rate and Levy 0.0400 0.04 $ 661,532 $ 661,532 $ - Total Countywide 3.7393 4.03 $ 61,841,666 $ 66,649,350 $ 4,807,684 NON-COUNTY-WIDE SPECIAL DISTRICTS MSTU for Law Enforcement 11,793,812,300 Millage Rate and Levy 3.3444 3.47 $ 39,443,226 $ 40,924,529 $ 1,481,303 Marion Oaks MSTU - Rec. 437,757,871 Millage Rate and Levy 0.9670 1.02 $ 423,312 $ 446,513 $ 23,201 Silver Springs Shores - Rec. 205,673,310 Millage Rate and Levy 2.8628 3.00 $ 588,802 $ 617,020 $ 28,218 Rainbow Lakes Estates - Rec. 100,178,925 Millage Rate and Levy 0.4450 0.47 $ 44,580 $ 47,084 $ 2,504 Hills of Ocala MSTU - Rec. 114,154,178 Millage Rate and Levy 0.1706 0.18 $ 19,475 $ 20,548 $ 1,073 Fire / Rescue MSTU 12,006,555,278 Millage Rate and Levy 0.7424 0.77 $ 8,913,667 $ 9,245,048 $ 331,381 Total Non-Countywide Levy $ 49,433,062 $ 51,300,742 $ 1,867,680 Total Countywide and Non-Countywide Levy $ 111,274,728 $ 117,950,092 $ 6,675,364 Rainbow Lakes Estates MSD 106,769,056 Millage Rate and Levy 2.1513 2.25 $ 229,692 $ 240,230 $ 10,538 Page 1

Marion County Board of County Commissioners Comparison of SIMPLE MAJORITY MAXIMUM and PROPOSED Tax Levies Proposed Budget Fiscal Year 2017-18 COUNTYWIDE Millage Rate Tax Levy Over (Under) Maximum Millage Rate Maximum Proposed Maximum Proposed Difference General Fund Millage Rate and Levy 5.1182 3.34 $ 84,646,328 $ 55,237,923 $ (29,408,405) Fine & Forfeiture Fund Millage Rate and Levy 0.9767 0.53 $ 16,152,958 $ 8,765,299 $ (7,387,659) Health Unit Trust Fund Millage Rate and Levy 0.2092 0.12 $ 3,459,812 $ 1,984,596 $ (1,475,216) Parks Land Debt Service Fund Millage Rate and Levy 0.0400 0.04 $ 661,532 $ 661,532 $ - Total Countywide 6.3441 4.03 $ 104,920,630 $ 66,649,350 $ (38,271,280) NON-COUNTY-WIDE SPECIAL DISTRICTS 16,538,300,239 MSTU for Law Enforcement 11,793,812,300 Millage Rate and Levy 3.7215 3.47 $ 43,890,672 $ 40,924,529 $ (2,966,143) Marion Oaks MSTU - Rec. 437,757,871 Millage Rate and Levy 4.1870 1.02 $ 1,832,892 $ 446,513 $ (1,386,379) Silver Springs Shores - Rec. 205,673,310 Millage Rate and Levy 5.4746 3.00 $ 1,125,979 $ 617,020 $ (508,959) Rainbow Lakes Estates - Rec. 100,178,925 Millage Rate and Levy 1.1059 0.47 $ 110,788 $ 47,084 $ (63,704) Hills of Ocala MSTU - Rec. 114,154,178 Millage Rate and Levy 0.4155 0.18 $ 47,431 $ 20,548 $ (26,883) Fire / Rescue MSTU 12,006,555,278 Millage Rate and Levy 1.5205 0.77 $ 18,255,967 $ 9,245,048 $ (9,010,919) Total Non-Countywide Levy $ 65,263,729 $ 51,300,742 $ (13,962,987) Total Countywide and Non-Countywide Levy $ 170,184,359 $ 117,950,092 $ (52,234,267) Rainbow Lakes Estates MSD 106,769,056 Millage Rate and Levy 5.7150 2.25 $ 610,185 $ 240,230 $ (369,955) Page 2

Marion County - Countywide Certified, Millage Rate and Property Tax Levy Fiscal Years 2008-09 through 2017-18 Tentative $26 : $Billions $22 $18 $14 $20.8 $18.4 $16.3 $15.0 $14.0 $13.9 $14.4 $15.0 $15.6 $16.5 $10 5.00 Millage Rate: $1 per $1,000 4.50 4.00 3.89 3.90 3.89 3.89 3.89 3.90 3.90 3.90 3.89 4.03 3.50 3.00 $90 $80 $70 $60 $81 $72 Property Tax Revenue: $Millions $64 $58 $56 $54 $54 $59 $61 $67 $50 Page 3

Marion County Board of County Commissioners Analysis of Change in Millage Rate - General Fund Fiscal Years 2016-17 and 2017-18 07/01/2017 Adopted Tentative Budget Difference Budget 2016-17 2017-18 Ad Valorem Millage Rate 3.19 0.15 3.34 15,644,017,463 16,538,300,239 Ad Valorem @ 95% 47,409,195 5,066,832 52,476,027 Revenues by Organizational Unit County Commission Departments 31,949,466 510,566 32,460,032 County Attorney 298,866 103,090 401,956 Grant Funded Programs 10,130,894 (2,407,359) 7,723,535 Clerk of the Circuit Court & Comptroller 1,168,925 (140,924) 1,028,001 Property Appraiser 10,055 (193) 9,862 Sheriff 1,027,800 16,700 1,044,500 Supervisor of Elections 4,000 2,000 6,000 Tax Collector 5,745,299 260,666 6,005,965 Courts and Criminal Justice 1,710,322 (127,103) 1,583,219 Grant Funded Capital Outlay 954,835 2,716,933 3,671,768 Other General Revenue 31,265,434 411,318 31,676,752 Total Revenues 131,675,091 138,087,617 Fund Balance Carry Forward 25,917,981 (2,719,802) 23,198,179 Total Revenues and Carry Forward 157,593,072 161,285,796 Expenditures by Organizational Unit County Commission Departments 66,701,773 68,915,777 Capital Improvements 4,436,035 2,796,380 County Commission Total 71,137,808 574,349 71,712,157 County Attorney 908,071 34,666 942,737 Grant Funded Programs 10,130,894 (2,407,359) 7,723,535 Health Services 5,788,009 (167,337) 5,620,672 Clerk of the Circuit Court & Comptroller 2,887,975 160,866 3,048,841 Property Appraiser 3,241,999 93,069 3,335,068 Sheriff - Jail 31,370,862 1,392,032 32,762,894 Sheriff - Emergency Management 468,381-468,381 Supervisor of Elections 2,497,686 69,716 2,567,402 Tax Collector 7,618,708 378,718 7,997,426 Courts and Criminal Justice 2,824,549 20,782 2,845,331 Agencies 3,010,745 543,778 3,554,523 Transfers and Other 1,819,133 33,321 1,852,454 Grant Funded Capital Outlay 954,835 2,716,933 3,671,768 Total Expenditures 144,659,655 148,103,189 Reserves 12,933,417 249,190 13,182,607 Total Expenditures and Reserves 157,593,072 161,285,796 Page 4

Marion County Board of County Commissioners Analysis of Change in Millage Rate - General Fund Fiscal Years 2016-17 and 2017-18 07/01/2017 Net Increase (Decrease) in Ad Valorem Funding and Millage Rate Adopted Millage Rate 2016-17 3.19 Millage Change from Increase in (2,710,124) (0.17) Adopted Tax Levy @ 95% 2016-17 47,409,195 Changes in Sources: (Increases)/Decreases County Commission Departments (510,566) (0.03) County Attorney (103,090) (0.01) Clerk of the Circuit Court 140,924 0.01 Property Appraiser 193 - Sheriff (16,700) - Supervisor of Elections (2,000) - Tax Collector (260,666) (0.02) Courts and Criminal Justice 127,103 0.01 Other General Revenue (411,318) (0.02) Fund Balance Carry Forward 2,719,802 0.17 Changes in Uses: Increases/(Decreases) County Commission Total 574,349 0.04 County Attorney 34,666 - Health Services (167,337) (0.01) Clerk of the Circuit Court 160,866 0.01 Property Appraiser 93,069 0.01 Sheriff - Jail 1,392,032 0.09 Sheriff - Emergency Management - - Supervisor of Elections 69,716 - Tax Collector 378,718 0.02 Courts and Criminal Justice 20,782 - Agencies 543,778 0.03 Transfers and Other 33,321 - Reserves 249,190 0.02 Increase in Tax Levy @ 95% and Millage Rate 5,066,832 0.15 Proposed Tax Levy & Millage Rate 2017-18 52,476,027 3.34 SUMMARY Millage Change from (Increase) in (2,710,124) (0.17) Millage Change from Net (Increase) in Other Revenues (1,036,120) (0.06) Millage Change from Net Decrease in Fund Balance Carry Forward 2,719,802 0.17 Millage Change from (Increase) in Total Funding Sources (1,026,442) (0.06) Millage Change from Net Increase in Expenditures 3,133,960 0.19 Millage Change from Increase in Reserves 249,190 0.02 Millage Change from Increase in Total Funding Uses 3,383,150 0.21 Net Increase in Proposed Millage Rate 2,356,708 0.15 Page 5

Marion County Board of County Commissioners Analysis of Change in Millage Rate - Fine & Forfeiture Fund Fiscal Years 2016-17 and 2017-18 07/01/2017 Adopted Tentative Budget Difference Budget 2016-17 2017-18 Ad Valorem Millage Rate 0.53-0.53 15,644,017,463 16,538,300,239 Revenues Ad Valorem @ 95% 7,876,763 450,271 8,327,034 Other Revenue @ 95% 685,818 (334) 685,484 Total Revenues 8,562,581 9,012,518 Fund Balance Carry Forward 1,658,333 (50,322) 1,608,011 Total Revenues and Carry Forward 10,220,914 10,620,529 Expenditures Sheriff - Bailiff 1,790,867 67,950 1,858,817 Sheriff - Regular 6,156,064 266,464 6,422,528 Public Safety Communications 92,617 6,078 98,695 Clerk of the Circuit Court & Comptroller 8,000-8,000 State Attorney Technology 663,675 (79,200) 584,475 Total Expenditures 8,711,223 8,972,515 Reserves 1,509,691 138,323 1,648,014 Total Expenditures and Reserves 10,220,914 10,620,529 Net Increase (Decrease) in Ad Valorem Funding and Millage Rate Adopted Millage Rate 2015-16 0.53 Millage Change from Increase in (450,271) (0.03) Adopted Tax Levy @ 95% 2015-16 7,876,763 Changes in Sources: (Increases)/Decreases Other Revenue 334 - Projected Carry Forward 50,322 - Changes in Uses: Increases/(Decreases) Sheriff Bailiff 67,950 0.01 Sheriff Regular 266,464 0.02 Public Safety Communications Allocation 6,078 - State Attorney Technology (79,200) (0.01) Reserves 138,323 0.01 Increase in Tax Levy @ 95% and Millage Rate 450,271 - Proposed Tax Levy & Millage Rate 2016-17 8,327,034 0.53 SUMMARY Millage Change from (Increase) in (450,271) (0.03) Millage Change from Net Decrease in Other Revenues 334 - Millage Change from Net Decrease in Fund Balance Carry Forward 50,322 - Millage Change from (Increase) in Total Funding Sources (399,615) (0.03) Millage Change from Net Increase in Expenditures 261,292 0.02 Millage Change from Increase in Reserves 138,323 0.01 Millage Change from Increase in Total Funding Uses 399,615 0.03 Net Increase in Proposed Millage Rate - - Page 6

MSTU for Law Enforcement Certified, Millage Rate and Property Tax Levy Fiscal Years 2008-09 through 2017-18 Tentative $22 : $Billions $19 $16 $13 $10 $15.6 $13.5 $12.0 $10.9 $10.1 $10.0 $10.4 $10.7 $11.2 $11.8 $7 5.00 Millage Rate: $1 per $1,000 4.00 3.00 2.00 2.03 2.33 2.81 2.81 2.81 3.21 3.47 3.47 3.47 3.47 1.00 Property Tax Revenue: $Millions $45 $41 $37 $33 $29 $32 $32 $34 $31 $28 $32 $36 $37 $39 $41 $25 Page 7

Marion County Board of County Commissioners Analysis of Change in Millage Rate - MSTU for Law Enforcement Fiscal Years 2016-17 and 2017-18 07/01/2017 Adopted Tentative Budget Difference Budget 2016-17 2017-18 Ad Valorem Millage Rate 3.47-3.47 11,180,367,917 11,793,812,300 Revenues Ad Valorem @ 95% 36,856,083 2,022,219 38,878,302 Other Revenue @ 95% 834,439 377,365 1,211,804 Total Revenues 37,690,522 40,090,106 Fund Balance Carry Forward 5,219,987 993,259 6,213,246 Total Revenues and Carry Forward 42,910,509 46,303,352 Expenditures Sheriff - Patrol & CID 33,656,587 2,029,921 35,686,508 Public Safety Communications 2,112,556 138,626 2,251,182 Other Charges 1,612,782 44,839 1,657,621 Total Expenditures 37,381,925 39,595,311 Reserve for Cash Carry Forward 5,528,584 1,179,457 6,708,041 Total Expenditures and Reserves 42,910,509 46,303,352 Net Increase (Decrease) in Ad Valorem Funding and Millage Rate Adopted Millage Rate 2015-16 3.47 Millage Change from Increase in (2,022,219) (0.18) Adopted Tax Levy @ 95% 2015-16 36,856,083 Changes in Sources: (Increases)/Decreases Other Revenue (377,365) (0.03) Available Carry Forward (993,259) (0.09) Changes in Uses: Increases/(Decreases) Sheriff Patrol & CID 2,029,921 0.18 Public Safety Communications Allocation 138,626 0.01 Other Charges 44,839 - Reserve for Cash Carry Forward 1,179,457 0.11 Increase in Tax Levy @ 95% and Millage Rate 2,022,219 - Proposed Tax Levy & Millage Rate 2016-17 38,878,302 3.47 SUMMARY Millage Change from (Increase) in (2,022,219) (0.18) Millage Change from Net (Increase) in Other Revenues (377,365) (0.03) Millage Change from Net (Increase) in Fund Balance Carry Forward (993,259) (0.09) Millage Change from (Increase) in Total Funding Sources (3,392,843) (0.30) Millage Change from Net Increase in Expenditures 2,213,386 0.19 Millage Change from Increase in Reserves 1,179,457 0.11 Millage Change from Increase in Total Funding Uses 3,392,843 0.30 Net Increase in Proposed Millage Rate - - Page 8

Fire, Rescue and EMS Fund Certified, Millage Rate and Property Tax Levy Fiscal Years 2008-09 through 2017-18 Tentative $19 $15.9 : $Billions $15 $11 $13.8 $12.2 $11.1 $10.2 $10.2 $10.6 $10.9 $11.4 $12.0 $7 1.00 Millage Rate: $1 per $1,000 0.80 0.83 0.83 0.83 0.77 0.77 0.77 0.77 0.77 0.77 0.77 0.60 $18 Property Tax Revenue: $Millions $14 $10 $13.2 $11.4 $10.2 $8.6 $7.9 $7.9 $8.1 $8.4 $8.8 $9.2 $6 Page 9

Marion County Board of County Commissioners Average Tax Levies - Single Family Properties Countywide & Major MSTUs Adopted 2016-17 and Tentative 2017-18 Adopted Tentative 2016-17 2017-18 Change Millage Rate Countywide 3.89 4.03 0.14 MSTU for Law Enforcement 3.47 3.47 - Fire Rescue MSTU 0.77 0.77 - All Single Family Properties Countywide Average Taxable Value $ 73,546 $ 77,719 $ 4,173 Property Tax Levy Countywide $ 286 $ 313 $ 27 MSTU for Law Enforcement 255 270 15 Fire Rescue MSTU 57 60 3 Total Tax Levy - Countywide & Major MSTUs $ 598 $ 643 $ 45 Homestead Single Family Properties Countywide Average Taxable Value $ 64,829 $ 68,498 $ 3,669 Property Tax Levy Countywide $ 252 $ 276 $ 24 MSTU for Law Enforcement 225 238 13 Fire Rescue MSTU 50 53 3 Total Tax Levy - Countywide & Major MSTUs $ 527 $ 567 $ 40 Note: Countywide average taxable values applied to all millage rates presented, average values within MSTUs vary. Source: Countywide Average Taxable Values - Marion County Property Appraiser Page 10

Marion County Board of County Commissioners Comparison of Tax Levies - Selected Property Categories Adopted 2016-17 and Tentative 2017-18 Adopted Tentative Millage Millage Rates 2016-17 2017-18 Increase Countywide 3.89 4.03 0.14 MSTU for Law Enforcement 3.47 3.47 - Fire Rescue MSTU 0.77 0.77 - Typical - Unincorporated Area Total 8.13 8.27 0.14 Average Average Total Total Taxable Value Taxable Value Tax Levy Tax Levy Tax Levy Property Category 2016-17 2017-18 2016-17 2017-18 Increase All Single Family Home $ 73,546 $ 77,719 $ 598 $ 643 $ 45 Homestead Single Family Home $ 64,829 $ 68,498 $ 527 $ 567 $ 40 One Story Store $ 393,942 $ 415,263 $ 3,202 $ 3,435 $ 233 Warehouse / Distribution / Storage $ 468,279 $ 540,105 $ 3,808 $ 4,467 $ 659 Restaurant / Cafeteria $ 476,857 $ 505,117 $ 3,877 $ 4,178 $ 301 Financial Institution $ 832,833 $ 741,676 $ 6,771 $ 6,134 $ (637) Manufacturing $ 832,376 $ 785,622 $ 6,767 $ 6,497 $ (270) Hotel / Motel $ 1,515,033 $ 1,629,780 $ 12,317 $ 13,478 $ 1,161 Department Store $ 6,312,194 $ 6,413,956 $ 51,317 $ 53,043 $ 1,726 Note: Countywide average taxable values applied to all millage rates presented, average values within MSTUs vary. Source: Countywide Average Taxable Values - Marion County Property Appraiser Page 11

Marion Oaks MSTU Certified, Millage Rate and Property Tax Levy Fiscal Years 2008-09 through 2017-18 Tentative $1,800 : $Millions $1,400 $1,172 $1,000 $600 $879 $591 $437 $392 $375 $379 $395 $413 $438 $200 3.00 Millage Rate: $1 per $1,000 2.00 1.00 1.02 1.02 1.02 1.02 1.02 1.02 1.02 1.02 1.02 1.02 0.00 $1,800 $1,400 $1,195 Property Tax Revenue: $Thousands $1,000 $897 $600 $603 $446 $400 $382 $386 $403 $422 $447 $200 Page 12

Marion Oaks MSTU for Recreation Financial Forecast Fiscal Years 2016-17 through 2021-22 Forecast Forecast Forecast Forecast Forecast Forecast 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Millage Rate: 1.02 1.02 1.02 1.56 1.56 1.56 Revenues 486,832 514,978 528,905 792,244 816,011 818,337 Balances Forward - Cash Regular 1,374,684 985,050 508,482 276,374 285,495 295,610 TOTAL REVENUES & FUNDS 1,861,516 1,500,028 1,037,387 1,068,618 1,101,506 1,113,947 TOTAL EXPENDITURES 876,466 991,546 761,013 783,123 805,896 829,355 ENDING FUND BALANCE 985,050 508,482 276,374 285,495 295,610 284,592 (476,568) (232,108) 9,121 10,115 (11,018) $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0 Financial Forecast Revenues Expenditures Fund Balance Page 13

Silver Springs Shores - Special Tax District Certified, Millage Rate and Property Tax Levy Fiscal Years 2008-09 through 2017-18 Tentative $400 : $Millions $312 $300 $200 $268 $228 $202 $172 $167 $180 $186 $196 $206 $100 3.50 Millage Rate: $1 per $1,000 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 2.50 $1,200 Property Tax Revenue: $Thousands $1,000 $935 $800 $600 $804 $683 $605 $516 $501 $539 $559 $589 $617 $400 Page 14

Silver Springs Shores Special Tax District Financial Forecast Fiscal Years 2016-17 through 2021-22 Forecast Forecast Forecast Forecast Forecast Forecast 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Millage Rate: 3.00 3.00 3.00 3.00 3.00 3.00 Revenues 593,243 619,292 637,871 657,008 676,718 697,019 Balances Forward - Cash Regular 495,589 429,958 462,141 488,741 511,149 528,727 TOTAL REVENUES & OTHER 1,088,832 1,049,250 1,100,012 1,145,749 1,187,867 1,225,746 TOTAL EXPENDITURE SUMMARY 658,874 587,109 611,271 634,600 659,140 684,978 ENDING FUND BALANCE 429,958 462,141 488,741 511,149 528,727 540,768 32,183 26,600 22,408 17,578 12,041 $750,000 Financial Forecast $700,000 $650,000 $600,000 $550,000 $500,000 $450,000 $400,000 Revenues Expenditures Fund Balance Page 15

Hills of Ocala MSTU for Recreation Certified, Millage Rate and Property Tax Levy Fiscal Years 2008-09 through 2017-18 Tentative $350 : $Millions $261 $250 $150 $177 $152 $138 $103 $101 $101 $102 $107 $114 $50 0.25 Millage Rate: $1 per $1,000 0.20 0.15 0.14 0.14 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.18 0.10 0.05 $43 $36 $37 Property Tax Revenue: $Thousands $29 $25 $27 $25 $22 $19 $18 $18 $18 $19 $21 $15 Page 16

Hills of Ocala MSTU for Recreation Financial Forecast Fiscal Years 2016-17 through 2021-22 Forecast Forecast Forecast Forecast Forecast Forecast 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Millage Rate: 0.18 0.18 0.18 0.23 0.23 0.23 Revenues 21,649 22,927 23,599 30,178 31,085 31,183 Balances Forward - Cash Regular 27,177 17,330 12,773 8,063 9,082 10,134 TOTAL REVENUES & FUNDS 48,826 40,257 36,372 38,241 40,167 41,317 TOTAL EXPENDITURES 31,496 27,484 28,309 29,159 30,033 30,934 ENDING FUND BALANCE 17,330 12,773 8,063 9,082 10,134 10,383 (4,557) (4,710) 1,019 1,052 249 $40,000 Financial Forecast $30,000 $20,000 $10,000 $0 Revenues Expenditures Fund Balance Page 17

Rainbow Lakes Estates - Municipal Service District Certified, Millage Rate and Property Tax Levy Fiscal Years 2008-09 through 2017-18 Tentative $450 : $Millions $300 $318 $150 $156 $134 $115 $95 $93 $91 $96 $102 $107 $0 3.00 2.00 Millage Rate: $1 per $1,000 2.00 2.25 2.25 2.25 2.25 2.25 2.25 2.25 2.00 1.56 1.00 0.00 $600 $500 $400 $497 $312 Property Tax Revenue: $Thousands $300 $200 $268 $260 $214 $208 $204 $216 $229 $240 $100 Page 18

Rainbow Lakes Estates Municipal Service District Financial Forecast Fiscal Years 2016-17 through 2021-22 Forecast Forecast Forecast Forecast Forecast Forecast 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Millage Rate: 2.25 2.25 2.25 2.25 3.00 3.00 Revenues 376,996 388,126 396,650 406,648 500,990 504,206 Balances Forward - Cash Regular 1,068,624 944,464 451,694 359,857 263,756 247,307 TOTAL REVENUES & OTHER 1,445,620 1,332,590 848,344 766,505 764,746 751,513 TOTAL EXPENDITURE SUMMARY 501,156 880,896 488,487 502,749 517,439 532,573 ENDING FUND BALANCE 944,464 451,694 359,857 263,756 247,307 218,940 (492,770) (91,837) (96,101) (16,449) (28,367) $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 Financial Forecast Revenues Expenditures Fund Balance Page 19

Rainbow Lakes Estates - Comm Res Facility MSTU Certified, Millage Rate and Property Tax Levy Fiscal Years 2008-09 through 2017-18 Tentative $450 : $Millions $300 $301 $150 $145 $125 $109 $90 $87 $84 $89 $95 $100 $0 1.00 Millage Rate: $1 per $1,000 0.75 0.50 0.25 0.30 0.34 0.34 0.38 0.47 0.47 0.47 0.47 0.47 0.47 0.00 $150 Property Tax Revenue: $Thousands $100 $90 $50 $49 $42 $42 $42 $41 $40 $42 $44 $47 $0 Page 20

Rainbow Lakes Estates - Comm Res Facility MSTU Financial Forecast Fiscal Years 2016-17 through 2021-22 Forecast Forecast Forecast Forecast Forecast Forecast 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Millage Rate: 0.47 0.47 0.80 0.80 0.80 0.80 Revenues 43,721 45,432 79,321 81,702 84,157 84,163 Balances Forward - Cash Regular 102,868 77,754 27,569 29,153 30,937 32,928 TOTAL REVENUES & OTHER 146,589 123,186 106,890 110,855 115,094 117,091 TOTAL EXPENDITURE SUMMARY 68,835 95,617 77,737 79,918 82,166 84,483 ENDING FUND BALANCE 77,754 27,569 29,153 30,937 32,928 32,608 (50,185) 1,584 1,784 1,991 (320) $120,000 Financial Forecast $100,000 $80,000 $60,000 $40,000 $20,000 $0 Revenues Expenditures Fund Balance Page 21

Marion County Board of County Commissioners Comparison of State Shared Operating Revenue Estimates - General Fund Fiscal Years 2008-09 through 2016-17, and 2017-18 Proposed In $ Millions (000,000) Projected Proposed Actual Actual Actual Actual Actual Actual Actual Actual Actual Budget General Fund State Revenue Sharing $ 6.27 $ 6.36 $ 6.48 $ 6.70 $ 7.09 $ 7.55 $ 8.23 $ 8.42 $ 8.75 $ 8.93 1/2 Cent Sales Tax $ 12.66 $ 12.35 $ 12.42 $ 12.89 $ 13.90 $ 15.41 $ 18.07 $ 20.56 $ 21.62 $ 21.82 GENERAL FUND $ 18.93 $ 18.71 $ 18.90 $ 19.59 $ 20.99 $ 22.96 $ 26.30 $ 28.98 $ 30.37 $ 30.75 (Funding for County Commission General Operations, Constitutional Officers, Mandates and Agencies) State Shared Revenue Estimates - General Fund 35 30 25 20 15 10 5 0 29.0 30.4 30.8 26.3 18.9 18.7 18.9 19.6 21.0 23.0 In $ Millions (000,000) The above schedule includes net revenues utilized in the General Fund. Prior to fiscal year 2015 16, a portion of the total 1/2 Cent Sales Tax proceeds were utilized for debt service payments. Beginning with fiscal year 2015 16, total proceeds of the 1/2 Cent Sales Tax are available to be utilized in the County's General Fund for operating purposes. Page 22

Marion County Board of County Commissioners Comparison of State Shared Operating Revenue Estimates - Transportation Fund Fiscal Years 2008-09 through 2016-17, and 2017-18 Proposed Transportation Maintenance Fund In $ Millions (000,000) Projected Proposed Actual Actual Actual Actual Actual Actual Actual Actual Actual Budget 1 Cent Fuel Tax $ 2.22 $ 2.18 $ 2.04 $ 2.01 $ 1.93 $ 1.97 $ 2.06 $ 2.13 $ 2.13 $ 2.22 Local Option Fuel Tax 6 Cent $ 8.62 $ 8.48 $ 7.93 $ 7.81 $ 7.50 $ 8.78 $ 9.18 $ 9.51 $ 9.74 $ 9.90 County Fuel Tax - (7th Cent) $ 1.94 $ 1.90 $ 1.88 $ 1.86 $ 1.85 $ 1.86 $ 1.94 $ 2.02 $ 2.02 $ 2.10 TRANSPORTATION FUND $ 12.78 $ 12.56 $ 11.85 $ 11.68 $ 11.28 $ 12.61 $ 13.18 $ 13.66 $ 13.89 $ 14.22 (Funding for Transportation Department Operating Budget, Mass Transit and Road Maintenance.) State Shared Revenue Estimates -Transportation Maintenance Fund 16 14 12 10 8 6 4 2 0 13.9 14.2 12.8 12.6 11.9 11.7 12.6 13.2 13.7 11.3 In $ Millions (000,000) All fuel tax revenues shown at gross amounts received by Marion County. The County share of the distribution of Local Option Fuel Tax 6 Cent increased for fiscal years beginning in 2013-14. Page 23

Marion County Board of County Commissioners Revenue Adjustment for Certified Taxable Values @ 95% Fiscal Year 2017-18 Estimated Certified Tentative Change in Taxable Taxable Millage Property Tax Property Value Property Value Rates @ 95% County - Wide Funds 001 General Fund $ 16,470,000,000 $ 16,538,300,239 3.340 $ 216,717 102 Fine & Forfeiture Fund $ 16,470,000,000 $ 16,538,300,239 0.530 $ 34,389 105 County Transportation Maintenance Fund $ 16,470,000,000 $ 16,538,300,239 - $ - 110 Marion County Health Unit Trust Fund $ 16,470,000,000 $ 16,538,300,239 0.120 $ 7,786 203 Parks & Land Acquisition Debt Service Fund $ 16,470,000,000 $ 16,538,300,239 0.040 $ 2,595 Total County - Wide Tax Levy 4.030 Special Districts ( Non County - Wide Funds) 115 MSTU for Law Enforcement $ 11,750,000,000 $ 11,793,812,300 3.470 $ 144,427 132 Marion Oaks MSTU $ 430,000,000 $ 437,757,871 1.020 $ 7,517 134 Silver Springs Shores Special Tax District $ 204,000,000 $ 205,673,310 3.000 $ 4,769 135 Rainbow Lakes Estates - Comm Res Fac MSBU $ 100,000,000 $ 100,178,925 0.470 $ 80 136 Hills of Ocala MSTU for Recreation $ 113,000,000 $ 114,154,178 0.180 $ 197 181 MSTU for Fire Protection and Rescue Services $ 11,970,000,000 $ 12,006,555,278 0.770 $ 26,740 130 Rainbow Lakes Estates $ 106,500,000 $ 106,769,056 2.250 $ 575 Page 24