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<br />In the Taxes category, the decrease is caused by the shifting of in lieu of taxes revenues. This decrease is the result
<br />of shifting of some of these revenues to other funds. In lieu of tax payments are now distributed in the following
<br />manner: 85% to the General Fund; 10% to the Capital Improvement Fund; 2.5% to Debt Service; and 2.5% to
<br />Economic Development.
<br />
<br />The increase in the License & Permits category is the result of the Increased activity we saw during the current and
<br />previous fiscal years. Since two years do not make a trend, we have increased this projection only slightly and will
<br />cautiously watch it again this year.
<br />
<br />A detailed listing of the revenue accounts can be found on page 3-4 and our revenue projection rationale can be
<br />found on page 3-7.
<br />
<br />General Fund Expenditures
<br />
<br />The General Fund expenditures for fiscal year 94-95 are currently estimated at $19,212,289, which Is $1,459,982, or
<br />7.06%, lower than our current budget. The expenditures, by department, for the current fiscal year are shown below:
<br />
<br /> Budget Current Estimate
<br />Department 1994-95 1994-95 Variance Percent
<br />Fire $ 2,057,056 2,003,690 (53.366) -2.59%
<br />Police 4,254,335 4,099,772 (154.563) -3.63%
<br />Administration 1.610,339 1,493,055 (117,284) -7.28%
<br />Finance 6,186,243 5,286,689 (899,554) -14.54%
<br />Public Works 3,601,427 3,544,352 (57,075) -1.58%
<br />Parks 2,168,914 2,068,847 (100,067) -4.61 %
<br />Planning 793.957 715.884 78.073) -9.83%
<br />Total Expenditures $ 20,672,271 19,212,289 (1,459,982) -7.06%
<br />
<br />Three divisions should be under budget by amounts exceeding $75,000. Police Patrol Division should be under
<br />budget by $91,937. The Non-departmental Division, accounted for under the Finance Department, should be under
<br />budget by $453,000. This is attributed to the City not having to use all of its budgeted contingency. The Employee
<br />Health Services Division, also accounted for under the Finance Department, should be under budget by $427,540
<br />because costs for claims and re-insurance were less than originally budgeted. The remaining underages are in the
<br />area of personnel services and supplies. As a result of these underages, the City studied the impact of employee
<br />turnover throughout the budget and made adjustments to the new year budget for divisions that historically
<br />experience significant turnover in the work force. The City will continue to budget these division. at less than full
<br />employment for the new year with the understanding that any overages can be covered from the contingency
<br />amount.
<br />
<br />The expenditures for the new year are budgeted at $18,984,992, which Is $1,687,279, or 8.16% lower than the current
<br />fiscal year. The expenditures, by department, for the current fiscal year are shown below:
<br />
<br /> Budget Budget
<br />Department 1994-95 1995-96 Change Percent
<br />Fire $ 2.057,056 2,113,947 56,891 2.77%
<br />Police 4,254,335 4,380,741 126,406 2.97%
<br />Administration 1,610,339 1,660,658 50.319 3.12%
<br />Finance 6,186,243 4,063,450 (2.122,793) -34.31 %
<br />Public Works 3,601,427 3,676,661 75,234 2.09%
<br />Parks 2,168,914 2,249,785 80,871 3.73%
<br />Planning 793.957 839.750 45.793 5.77%
<br />Total Expenditures $ 20,672,271 18,984,992 (1,687,279) -8.16%
<br /> 1-7
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