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<br />Appendix E details the Operating Budget carryovers from 1993-94 into 1994-95 for <br />encumbrances and planned expenditures. <br /> <br />Appendix F summarizes major variances between budgeted and actual General Fund <br />expenditures. <br /> <br />Appendix G contains tables showing the 1993-94 budgeted versus actual results for the <br />Capital Improvement Program Funds, and the recommended CIP carryovers from 1993-94 <br />to 1994-95. <br /> <br />Appendix H details the projected versus actual 1993-94 General Fund Revenues. <br /> <br />GI]NERAL FUND <br /> <br />General Fund Revenues <br /> <br />1993-94 General Fund revenues were $33,957,000. Actual revenues exceeded projections <br />by $741,000, including $452,000 for sales tax and $176,000 for Building and Public Works <br />fees. <br /> <br />Retail sales posted very mixed results in the third and fourth quarter of 1993-94. The sales <br />tax from some businesses in the construction, auto sales and general retail were up <br />significantly. However, other businesses in the same categories posted decreases. Of the <br />$452,000 variance in sales tax, about $225,000 relates to one-time allocation adjustments, <br />and another $125,000 potentially is one-time revenue. When more detailed information is <br />available, staff will analyze the results closer to determine the impact on 1994-95 sales tax <br />projections . <br /> <br />Some of the Building/Public Works fees collected in 1993-94 are for services which will not <br />be rendered until 1994-95. <br /> <br />Appendix H shows the variance between projected and actusl 1993-94 General Fund <br />revenues by account. The following table sununarizes the variances by major revenue type. <br /> <br />SR 94:365 <br /> <br />4 <br />