The Town of Hilton Head Island provides this document as an overview of the Town's Consolidated Budget (Governmental Funds) which totals $61,984,891 for FY 2013. In addition, the Town's Stormwater Fund (Enterprise Fund) expenses are programmed at $7,962,026 for Fiscal Year 2013.
The Town's annual budget allocates the Town's financial resources to achieve goals established by both long-term and short-term priorities set by Town Council. The goals are shown on the next page. This document provides a brief description of revenue the Town expects to receive and the planned areas for where the money will go. State law requires that the Town adopt a budget prior to the beginning of the fiscal year which is July 1st. In accordance with State law, the proposed Capital Improvements Program (CIP) was developed by the Planning Commission's CIP Committee with staff support. It was then presented to the Planning Commission for approval and submission to Town Council for incorporation into the budget.
This budget is based on the Goals & Priorities set by Town Council.
Total Fiscal Year 2013 Town Budget - $69,946,917