BIL 252 Draft 01 2006-2008 - Laserfiche WebLink

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The Honorable Chairman Pete Hoffmann and Members of the County Council Page 7 February 29, 2008 EXPENDITURES BY FUNCTION The following table presents a summary of projected FY 2008-09 expenditures from various sources and the changes from the current budget: Expenditures General Government Public Safety Highways & Streets Health, Education, & Welfare Culture and Recreation Sanitation & Waste Removal Debt Service Pension & Retirement Health Fund Miscellaneous CONCLUSION EXPENDITURES BY FUNCTION (Amounts in thousands) Increase 13.1% (Decrease) 0.0% Percent From Percent Of FY 2007-08 Increase Amount Total Amount (Decrease) $ 52,078 13.1% ($11) 0.0% 111,811 28.1% 11,650 11.6% 17,471 4.4% 182 1.1% 22,260 5.6% 725 3.3% 20,090 5.0% 1,952 10.8% 44,652 11.2% 5,165 13.1% 43,379 10.9% 7,643 21.4% 30,637 7.7% 5,444 21.6% 33,697 8.5% 2,242 7.1% 21,804 5.5% (11,532)_ (34.6%) $398,259 100.0% $23,460 6.3% The budget being submitted is $23.46 million greater than the current year's budget. It is aimed primarily at improving existing services and facilities, addressing legal requirements, and preparing for a weakening economy. Although real property tax revenues have been projected to increase by 12.2%, this kind of increase cannot be expected in the years ahead. Included in this budget are additional funding for the Self Insurance ($1,000,000), Disaster and Emergency ($1,000,000), and Budget Stabilization ("Rainy Day") ($1,000,000) funds. Although past attempts at placing money into the Budget Stabilization Fund have been largely unsuccessful, it is more important than ever to build adequate reserves in all three funds. The approach taken to prepare this budget was very conservative. Items that created recurring expenditures, such as new positions or leases, were carefully scrutinized. New positions were only approved for public safety, environmental management, and new facilities. We believe that this budget, which is approximately 6.3% higher than the