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General Fund Expenditure Comparison (In Millions of Dollars) $91.0 $90.0 $89.0 $88.0 87.3 $87.0 $86.0 85.2 585.0 84.5 84.5 $84.0 83.0 $83.0 $82.0 2009 2010 2011 2012 2013 General Fund Revenue Property taxes, sales tax, hotel/motel tax and business license tax revenues represent 84% of the General Fund revenues. They are estimated to increase approximately 1.4% in 2011/12FY and 2.8% in 2012/13FY for a cumulative increase of 4.2% Property taxes are the largest source of revenue to the General Fund. Overall, property taxes are not estimated to increase in the first year and are estimated to increase a modest 2.0% in the second year of the two-year Operating Budget. General Fund Expenditures Personnel costs represent 78% of the General Fund expenditures and are increasing approximately 1.9% in 2011/12FY and 2.7% in 2012/13FY. Personnel cost increases include step increases pursuant to existing labor contracts but no additional salary increases during the two year budget; increases in medical costs and other benefits; increases in PERS rates that will be offset by employees picking up the rate increase up to the employee contribution (capped at 8% for miscellaneous employees and 9% for public safety employees); and increases in annual funding of the retiree medical reserves. Non-personnel costs represent 22% of the General Fund expenditures and are increasing approximately 1.5% in 2011/12FY and 5.9% in 2012/13FY for a cumulative increase of 7.4%. Increases include a $1.2 million increase in the annual funding of replacement and renovation reserves; $700,000 per year increase in the self insurance retention; with these non-personnel increases being offset by a 5% reduction in non- personnel costs (travel and transportation, materials, supplies and services and capital outlays) thru an organizational assessment that took place in 2010/11 FY that resulted in $3.5 million in decreases to non-personnel expenditures. Page 4 of 5