REP FC 087 04/19/2005 2004-2006 - Laserfiche WebLink

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Communication 124 Bill 42 Page 2 • Licenses and Permits -Licenses and permits will increase by $2.7 million due primarily to the full-year collection of the vehicle and trailer weight tax increase that took effect January 1, 2005. • Interest Income -Interest earnings will increase due to a higher rate of return on investments. • Intergovernmental Revenues -State revenues will increase by $3.9 million primarily from inclusion of the Beverage Container Deposit Program ($250,000) and from increases in TA'f ($2,554,000) and F,MS ($l,l 17,000) revenues. • Charges for Services -Solid Waste tipping fee revenues will increase by $2.2 million due to increased tonnage and scheduled fee increases. • Other Revenues -Revenue source decreases due to reduction in land sales, debt reimbursement and departmental charges. The operating expenditure proposal is as follows: • Highways and Streets -Expenditures are increasing by $4.1 million as a result of Mass Transit's Capital Grant program and Highway Division's spending from the vehicle weight tax increase. • Health, Education, and Welfare -The decrease in expenditures is due to the reduction in funding by the Federal Government for the Housing Voucher program. • Sanitation and Waste Removal -Solid Waste operations increasing by $4.9 million due to the cost of handling increased tonnage, improving compliance, expanding recycling, and enhancing services. • Debt Service -The budget for debt service is based on our debt service schedule plus $800,000 to cover any additional debt. • Pension and Retirement -Contribution to the Employees' Retirement System increased by $4.3 million as a result of Act 181, establishing the contribution as a percentage of covered payroll. • Health Fund - "fhe cost of providing medical coverage for our employees and retirees continues to increase to $17.6 million. • Miscellaneous -Major expenditure changes include: Transfer to Self-Insurance Fund $1,000,000 Transfer to Disaster and Emergency Fund $1,000,000 Transfer to Capital Projects (Traffic Bldg-W./Hawaii) $1,500,000 Increase for Sewer F und's Replacement Fund Reserve $1,518,000 Proposed new positions that are included in the Operating Budget are: Civil Service 1 -Personnel Assistant I Corporation Counsel 1 -Legal Clerk III Environmental Management 1 -Accountant I -Administration Environmental Management 1 -Engineering Support Tech ITT (Sewer Fund) -Wastewater Division FC REPORT NO. 87