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General Fund Expenditure Changes
<br />The recommended changes to the General Fund expenditures are shown below, both in
<br />terms of personnel and non-personnel, and also by expenditure category. Overall,
<br />expenditures are being reduced by $391,828. This results from recognizing budgetary
<br />savings from vacant positions along with various non-personnel budget adjustments. Of
<br />the $240,269 in non-personnel adjustments, $143,310 is for adjustments in water
<br />usage, fuel, gas & electric, and refuse costs. The remainder of the adjustments include
<br />a wide variety of items including equipment repair costs, postage, approved grants,
<br />2006 elections cost, GPRS modems for police vehicles, etc.
<br />.• ~ . .
<br />Personnel 62,696,930 (632,097) 62,064,833
<br />Transportation & Training 1,785,138 137,526 1,922,664
<br />Repairs & Maintenance 5,849,293 53,278 5,902,571
<br />Materials, Supplies & Services 16,544,608 (29,859) 16,514,749
<br />Ca ital Outla 582,276 79 324 661,600
<br />Total 87,458,245 391828 87,068,417
<br />Enterprise Funds
<br />Water Operating Fund
<br />The Water Operating Fund includes a slight increase in revenues and some minor
<br />budget adjustments in all categories resulting in a slight improvement in net income.
<br />
<br />Beginning Fund Balance 10,775,777 10,775,777
<br />Revenues 17,986,823 45,873 18,032,696
<br />Expenses -
<br />Operating & Maintenance (15,539,552) (5,396) (15,544,948)
<br />Debt Service 709,756 709,756
<br />Net Income from Operations 1,737,515 40,477 1,777,992
<br />Transfer In 709,756 709,756
<br />Transfer Out to CIP 2,423,173 2,423,173
<br />Change in Fund Balance 24,098 40,477 64,575
<br />Endin Fund Balance 10,799,875 40,477 10,840,352
<br />Page 5 of 10
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