b"Capital The Capital Improvement Fund houses all the County's capital expenditures and capitalprojects that have been budgeted during the current budget cycle. Capital expenditures thatImprovementare signicant, non-routine and cost over $50,000 are placed in the CIP. These expendituresFund can be an annual expenditure or a multi-year expenditure.SummaryBeaufort County, SC is projecting$21.23Mof revenue in FY2024, which represents a 68.5% increase over the prior year. Budgetedexpenditures are projected to increase by 71.9% or $8.88M to$21.23Min FY2024.$25M$20M$15MActual Revenue Source$10MBudgeted Revenue SourceActual Expenditures$5M Budgeted ExpendituresOver Budget Expenditures$0FY2020 FY2021 FY2022 FY2023 FY2024Revenue by Fund2024 Revenue by FundCapital Improvement Fund (100%) Beaufort County, SC | Budget Book 2024 Page 98"