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REP FC 092 04/17/2007 2006-2008
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REP FC 092 04/17/2007 2006-2008
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Last modified
5/13/2008 11:05:26 AM
Creation date
5/8/2008 5:47:11 PM
Metadata
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Reports
Reports - Type
REP
Reports - Council Term
2006-2008
Report
092
Committee
FC
Meeting date
2007-04-17
Document Relationships
AGE FC 04/17/2007 2006-2008
(Related)
Path:
\Council Records\Agendas\2006-2008\Finance Committee (FC)
BIL 060 Draft 01 2006-2008
(Related)
Path:
\Council Records\Bills\2006-2008
COM 0193.000 2006-2008
(Related)
Path:
\Council Records\Communications\2006-2008
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<br /> Communication No. 193 <br /> <br /> Bill No. 60 <br /> <br /> Page -7- <br /> <br /> The following table presents a summary of projected FY 2007-08 expenditures from various <br /> sources and the changes from the current budget: <br /> EXPENDITURES BY FUNCTION <br /> (Amounts in thousands) <br /> Increase <br /> (Decrease) <br /> Percent From Percent <br /> Of FY 2006-07 Increase <br /> Expenditures Amount Total Amount (Decrease) <br /> <br /> General Government $ 46,524 13.0% $ 3,816 8.9% <br /> Public Safety 98,765 27.5% 614 0.6% <br /> Highways & Streets 16,948 4.7% (666) (3.8%) <br /> Health, Education, & Welfare 20,258 5.6% (349) (1.7%) <br /> <br /> Culture and Recreation 17,922 5.0% (1,241) (6.5%) <br /> <br /> Sanitation & Waste Removal 39,387 11.0% 3,573 10.0% <br /> Debt Service 35,736 9.9% 6,114 20.6% <br /> Pension & Retirement 25,070 7.0% 2,327 10.2% <br /> Health Fund 27,365 7.6% 4,739 20.9% <br /> Miscellaneous 31,125 8.7% 13,474 76.3% <br /> $359,100 100.0% $32,401 9.9% <br /> Significant changes to operating expenditure are as follows: <br /> General Government -Expenditures are increasing by $3.8 million as a result of: <br /> • Finance Department -Consolidating driver licensing with vehicle registration and <br /> creating of a new division, $1.8 million. <br /> • Building Division -Increase in operational expenses such as air conditioning <br /> maintenance, electricity, rent, and insurance, $1.3 million. <br /> • Automotive Division -Increase in fuel costs, $712,000. <br /> Culture and Recreation -Expenditures aze decreasing by $1.2 million due to: <br /> • Aquatics -Beaches -Transfer of Beach Lifeguazds to the Fire Department, <br /> ($1.Smillion). <br /> FC REPORT NO. 92 <br /> <br />
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