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Operating Budget Recap <br /> The Operating Budget is comprised of the General Fund which include: most operating <br /> services that the City provides (Police, Fire, Library, Recreation Services); the Enterprise <br /> Funds (Water, Sewer, Golf) which are funded from user rates and charges; numerous <br /> Internal Service Funds which are used primarily to provide current funding for future <br /> replacement costs and liabilities; Special Revenue Funds which have specific revenue <br /> sources and restricted uses; and Service Trust Funds. <br /> General Fund Recap <br /> 0 <br /> General Fund revenues are projected to increase 6% in FY 2015/16 to $106.5 million and <br /> increase 3.5% in FY 2016/17 to $110.2 million for a cumulative increase of 9.7% over the <br /> FY 2014/15 Midyear Budget of $100.4 million. <br /> General Fund Expenditure Comparison <br /> (In Millions of Dollars) <br /> $115.0 <br /> $110.0 - <br /> 104.5 <br /> $105.0 <br /> 100.7 <br /> $100.0 96.6 <br /> $95.0 92.2 . <br /> $90.0 88.2 <br /> $85.0 <br /> $80.0 <br /> 12/13 13/7-4 14/15 15/16 16/17 <br /> General Fund expenditures are expected to increase by 4.2% in FY 2015/16 to $100.7 <br /> million and 3.8% in FY 2016/17 to $104.5 million for a cumulative increase of 8.1% over <br /> the FY 2014/15 Midyear Budget of $96.6 million. <br /> Page 3of5 <br />