FY 2025 Operating Budget vs. Actual Spending Review Page Three
• Supplies & Materials ( Object 09- $10.6M Budget ) is below budget with an 58% spend rate. o Roadway Maintenance ( 0905 - $665K Budget ) is below budget with a 51% spend rate due to the timing of activities. o Salt ( 0906 - $1.9M Budget ) is at a 52% spend rate due to the reduced winter storm activity. o Uniforms (0912 - $1.2M Budget) is slightly below budget with a 62% spend rate. This cost is driven by when the orders are received. o Ammunition ( 0934 - $594K Budget ) is over budget with an 87% spend rate. This represents orders from prior years occurring in FY 2025. o Transponders ( 0951 - $4.0M Budget) expense is close to budget with an 62% spend rate. • Replacement Equipment (Object 10 - $2.7M Budget ) is below budget with a 27% spend rate. o Microcomputers ( Object 1033 - $1.4M Budget) is below budget with a 30% spend rate. Additional charges are expected but this object will remain below budget. o Other Replacement Equipment (Object 1099 - $529K Budget) is below budget with a 7% spend due to the timing of when orders are received. • Additional Equipment ( Object 11 - $1.2M Budget ) is below budget with a 36% spend rate mostly due the timing of orders. • Fixed Costs ( Object 13 - $9.8M Budget ) is over budget with a 124% spend rate. o Insurance Paid to STO (1302 - $838k) is close to budget with a 64% spend rate. o Insurance ( 1309 - $8.5M Budget ) is over budget with a 129% spend rate. Invoices were processed for the expected increases in both property and liability insurance. RISKS & OPPORTUNITIES Operating expenses are expected to remain on budget with any overspending, such as insurance, to be offset by underspending in other sub-objects. Management will continue closely monitoring expenses relative to budget for the remainder of the fiscal year.
ATTACHMENT Budget vs Actual by Object 3rd Qtr. FY 2025
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