1 / 5

FY 2012 OPERATING BUDGET FINAL Update

FY 2012 OPERATING BUDGET FINAL Update. Department of Budget and Evaluation May 5, 2011. General Fund CHANGES from FY 2012 Recommended Budget. Program Changes Shift $300k for Shipyard HQ to City Council Contingency Additional Vehicle Costs – recommend increasing from $3.05 to $3.50.

stew
Download Presentation

FY 2012 OPERATING BUDGET FINAL Update

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. FY 2012 OPERATING BUDGETFINAL Update Department of Budget and Evaluation May 5, 2011

  2. General Fund CHANGES from FY 2012 Recommended Budget • Program Changes • Shift $300k for Shipyard HQ to City Council Contingency • Additional Vehicle Costs – recommend increasing from $3.05 to $3.50

  3. Revenue Changes Revenue • Decreased State Revenue $ (46,859) + Additional Telecommunications Tax 100,000 + Additional Electric/Gas Utility Tax 40,000 + Misc Revenue Adjustments 3,859 + Additional BPOL Revenue 750,000Total RevenueChange $847,000

  4. Expenditure Changes Expenditure + Vehicle Fuel ($3.05 to $3.50/gallon) $367,518 + New Contract – Worker’s Comp 125,514 + Local Share – Health Dept 74,813 + SPCA Contract Increase 22,571 + Adult Drug Court Funding 5,600 + Council Tables 14,000 + Restore Bookmobile 100,000 + Misc Adjustments 136,984 Total Expenditure Change $847,000

  5. Recommended to Final Budget Recommended $413,733,000 Final $414,580,000 DIFFERENCE + $847,000 Highpoints • RIF – 9 Positions • 2% Salary Adjustment - July 1st – for all employees hired prior to January 31, 2011 • Tax Abatement is moving forward

More Related