FY2009- 2010_Budget Document - Laserfiche WebLink

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SUMMARY OF EXPENDITURES The expenditures of the City of La Porte can be grouped into five broad categories. The first being cost for personnel and personnel related benefits, another being the cost of capital outlay, a third being the cost needed to service and extinguish debt, the fourth being the cost of supplies, and the fifth being all other costs (utilities, insurance, maintenance, etc.). After removing all intergovernmental revenues and expenses, the chart shown below depicts the expenditure categories of the City of La Porte. All Funds Expense Distribution for Fiscal Year 2009-10 7% 23% 39% 3% 28% PersonnelSuppliesOther ChargesCapital OutlayDebt Service As with most Governmental Entities, the cost of providing manpower is the largest expense incurred. Regular salaries and overtime account for $18.2 million of the budget. This amount, when coupled with associated benefits (Social Security, Retirement, and Medical Insurance) account for approximately 39% of the City's resources. Regular salaries and overtime, including benefits, account for 67% of the budget in the General Fund. The Debt Service category is the total dollars expended to pay interest and principal on existing debt, which represents 7% of the budget at $5.1 million. The Capital Outlay category includes procurement of vehicles totaling $799,811 and Capital Improvement Projects totaling $15.7 million. Also included are various capital items from departmental budgets. A list of these items can be found on page 415. As mentioned earlier in this letter, this budget is a very capital intensive budget. The Supplies category includes office, chemicals and other supplies. The supplies category accounts for $2.5 million of the budget. The Other category includes items such as utilities, training and education, and maintenance. This category totals $20 million and represents 28% of the total budget. One of the largest expenditures in this category is for health insurance and property insurance, which are both located in the Insurance Fund. These two expenditures total approximately $4.1 million annually. The expenditure for utilities, which includes electricity, water and gas, amounts to $4.8 million annually. An in-depth discussion of resources and expenses for selected funds is found later in this letter.