FY2016-17 Budget Final

5. Expenditures Trend Analysis Expenditures are classified into five main categories based on its type. The main categories are Personnel, Supplies, Services and Professional Fees, Capital Outlay, Debt Service, and Transfers to other funds. The following table and charts show a comparison of expenditures breakdown for FY2011 and FY2015. The chart shows a change in expenditures allocation since 2011. The change is mainly in personnel and capital outlay expenditures. Funds allocated for personnel expenditures has dropped by 5 percent in 2015 compared to 2011. The capital outlay portion of the actual total expenditures has increased by 9 percent in 2015 compared to 2011. The table provides the increase in total by category over the same comparison period of fiscal year 2011 and 2015.

Expenditure Type

FY2011

FY2015

Increase

Personnel

$ 25,724,272 $ 1,942,063 $ 22,772,582 $ 9,964,168 $ 9,128,921 $ 8,638,191 $ 78,170,197

$ 28,068,574 $ 2,132,041 $ 27,653,946 $ 21,195,293 $ 9,717,098 $ 10,109,077 $ 98,876,028

9.11% 9.78%

Supplies

Services and Professional Fees

21.44% 112.72%

Capital Outlay Debt Service

6.44%

Transfers

17.03% 26.49%

Total

Expenditures Summary By Major Type - All Funds 2011

Expenditures Summary By Major Type - All Funds 2015

Transfers 10%

Transfers 11%

Debt Service 10%

Debt Service 12%

Personnel 28%

Personnel 33%

Capital Outlay 13%

Capital Outlay 22%

Supplies 2%

Services and Professional

Services and Professional

Supplies 2%

Fees 28%

Fees 29%

5.1 Personnel Expenditures: Personnel expenditures are comprised mainly of salaries and benefits. Between 2011 and 2015 personnel cost has increased by 6.3 percent. The main drivers for the increase are the salaries and the cost of group insurance. Group insurance cost has increased by 42 percent in the past 5 years, although insurance rates have increased, the city maintained the same plan rate for the employees. Salaries have increased due to the increase in number of employees by 7 percent in the past 5 years from 322 in 2011 to 345 in 2015. The city as well has applied 1 percent salary increase over the past 3 years. The TMRS has lowered the city’s contribution rate from 12.16 in 2012 to 10.53 percent in 2016.

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