This document summarizes the general fund budget for fiscal year 2012. Total revenues are projected to be $75,545,118, with the largest sources being taxes at $46 million and state revenue from the Cherry Sheet at $15 million. Total proposed expenditures are $77 million, with the largest allocations being $30 million for education, $15 million for employee benefits, and $11 million for public safety. The budget projects a $1.5 million deficit.