12 - Laserfiche WebLink

Franchise Fees, Inter-fund Labor Charges and Other Fees were less than anticipated by $546,150; resulting in a net increase of $1,007,359 in overall revenues received ($92.29 million) as compared to projected revenues of$91.28 million for the 2012/13FY. General Fund Expenditures. General Fund expenditures incurred (Actual) were less than the Amended Budget of $88.9 million by $690,194 or 0.8%. Table 3 shows the major expenditure categories with a comparison of Amended Budget versus actual expenditures and the variance to the Amended Budget both in terms of dollars and percentage. The majority of the reduction in expenditures was in materials, supplies and services. The majority of the reduction in this category was the Contingency of approximately $600,000 that was established when the Midyear Budget was reviewed in March 2013. At that time, staff recommended that any excess funds be put in the Contingency and staff would bring forward a recommendation at year-end for allocating these funds as we are currently doing in this Report. Table 3. General Fund Expenditures -Amended Budget vs. Actual Year-End Recommended Amended Budget General Fund-Expenditures Budget Adjustments Actual $Variance %Variance Personnel Costs $67,730,983 $560,716 $68,360,145 $68,446 -0.1% Transportation& Training 1,821,806 1,709,058 (112,748) 6.2% Repairs& Maintenance 2,569,073 2,338,786 (230,287) 9.0% Materials, Supplies, Services 16,302,413 (560,716) 15,292,579 (449,118) 2.9% Capital Outlay 457,059 490,572 33,513 -7.3% Total $88,881,334 $0 $88,191,140 ($690,194) -0.8% The Year-End Recommended Budget Adjustment of $560,716 is for the additional funding of worker's compensation in the Fire Department based on 2012/13FY activity. This amount represents approximately 50% of the cost; the other 50% was borne by the City of Livermore. Transfer of Funds. General Fund transfers (Actual) were less than the Amended Budget by $181,496 due to the following as shown in Table 4. Page 4 of 11