STRATEGIC BUSINESS PLAN
FY 2019-24 Five-Year General Fund Outlook FY 2019-24 Five-Year General Fund Outlook
Proposed
Proposed
Forecast Budget 2021-22
Forecast Budget 2022-23
Forecast Budget 2023-24
General Fund Resources
Budget 2019-20
Budget 2020-21
RESOURCES Sales Tax Property Tax
64,618,770 74,162,141 17,027,255 9,348,401 15,423,295 4,576,209 1,765,000 4,226,885 1,888,480 4,256,814 5,561,821 361,100
64,750,396 77,731,639 17,239,986 9,518,219 15,871,313 4,766,028 1,765,000 4,226,885 1,888,480 4,309,997 5,542,659 367,700
65,859,566 81,179,993 18,002,879 9,587,347 16,063,033 4,838,355 1,773,332 4,226,885 1,889,730 4,500,720 5,603,721 370,126
67,124,462 84,765,584 18,232,661 9,655,881 16,248,165 4,912,294 1,773,668 4,226,885 1,889,730 4,558,165 5,693,041 373,617
68,426,609 88,493,274 19,745,747 9,726,011 16,478,074 4,987,882 1,774,003 4,226,885 1,891,042 4,936,437 5,687,156 381,124
Hotel Tax
Franchise Tax
Program And Services Fees
Utility User's Tax Fines & Forfeitures Development Fees Doc. Transfer Tax Licenses & Permits
Hotel Improvement Dst Assmnt
Miscellaneous
SUBTOTAL 203,216,171
207,978,302
213,895,686
219,454,153
226,754,244
TRANSFERS FROMOTHER FUNDS Development Services
2,686,220
2,407,308 1,187,500
2,331,569 1,187,500
2,331,569 1,187,500
2,331,569 1,187,500
OCGP Reimbursement
187,500 56,000
Other-In
55,000
40,000
40,000
40,000
TOTAL RESOURCES
206,145,891
211,628,110
217,454,755
223,013,222
230,313,313
DEPARTMENT EXPENDITURES Salaries & Overtime
82,935,076 23,706,135 26,965,437 59,946,015
84,117,651 25,769,089 27,330,253 61,461,019
85,295,846 26,755,118 24,754,860 65,385,197
86,372,441 27,942,261 26,383,746 67,291,326
87,596,182 29,153,318 27,225,139 68,609,949
Other Benefits
Retirement
Contracts & Supplies Capital Expenditures
160,018
126,000
26,022
26,045
26,067
TOTAL OPERATING APPROPRIATIONS
193,712,681
198,804,013
202,217,043
208,015,819
212,610,656
TRANSFERS TO OTHER FUNDS Educational Partnership Fund
4,000,000 5,483,329 2,000,000
4,000,000 5,967,539 2,000,000
4,000,000 5,998,648 2,000,000
4,000,000 6,428,755 2,000,000
4,000,000 6,968,876 2,000,000
Landscape, Lighting & Park Maintenance Asset Management Plan/Pension Plan
Other-Out
573,143
511,688
487,533
526,602
588,194
TOTAL APPROPRIATIONS
205,769,153
211,283,240
214,703,224
220,971,176
226,167,726
SUMMARY FORECAST Total Resources
206,145,891 205,769,153
211,628,110 211,283,240
217,454,755 214,703,224
223,013,222 220,971,176
230,313,313 226,167,726
Total Expenses
NET INCREASE/(DECREASE)
376,738
344,870
2,751,531
2,042,047
4,145,587
¹Retirement costs decrease from FY 2020-21 to FY 2021-22 due to a decrease in the City’s Rates from the Pension Pay Down Plan and the end of the Freshstart.
458
FY 2019-21 Proposed Budget
Made with FlippingBook Learn more on our blog