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Budget Summary
<br /> FY 2021/22 - FY 2022/23 Operating Budget
<br /> The Two-Year Operating Budget (Operating Budget) is projected to be $195.1 million in FY 2021/22
<br /> and $205.9 million in FY 2022/23 which represents a 3.4 percent increase from the FY 2020/21
<br /> Midyear Budget and another 5.5 percent increase from the FY 2020/21 budget.
<br /> The Operating Budget is comprised of a number of funds that are summarized in the following five
<br /> major categories of funds:
<br /> Total Operating Expenditures
<br /> Fund Category FY 2019/20 FY 2020/21 FY 2021/22 %of FY 2022/23 %of
<br /> Actuals Mid-Year Projected Budget Projected Budget
<br /> General Fund $113,806,097 $116,726,474 $125,466,340 64.3% $133,565,354 64.9%
<br /> Enterprise Funds 44,600,257 50,141,394 52,965,858 27.1% 55,208,134 26.8%
<br /> Internal Services Funds 13,898,023 16,844,232 13,495,711 6.9% 14,320,442 7.0%
<br /> Special Revenue Funds 2,157,301 4,911,932 3,125,802 1.6% 2,715,388 1.3%
<br /> Trust Funds 25,105 40,780 40,780 0.0% 40780 0.0%
<br /> Totals $174,486,782 $188,664,811 $195,094,491 100.0% $205,850,098 100.0%
<br /> The only funds that are not included in the Operating Budget are Capital Improvement Funds'.
<br /> There are several increases in the FY 2021/22 and FY 2022/23 operating budgets related to salary and
<br /> fringe benefits pursuant to adopted labor agreements as well as increased PERS pension rates. In
<br /> addition,there are several non-labor increases related to contractual services, increased repair and
<br /> replacement accruals,and increased contingency for future wage increases. Increases in each of
<br /> these expenditure categories are described in more detail below.
<br /> General Fund
<br /> General Fund operating revenues are projected to total $131.6 million in FY 2021/22,an eight
<br /> percent increase over the FY 2020/21 Midyear Budget,and $137.1 million in FY 2022/23.General Fund
<br /> operating expenditures are projected to total $125.5 million in FY 2021/22,an eight percent increase
<br /> over the FY 2020/21 Midyear Budget, and $133.6 million in FY 2022/23.The following charts present a
<br /> comparison of the revenues and expenditures for the five-year period ending FY 2022/23.
<br /> 'Please refer to Appendix A for Capital Improvement Program overview.
<br /> 29 City of Pleasanton Operating Budget • FY 2021/22 - FY 2022/23
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