Exhibit 2
2019-20 Actual*
2020-21 Actual
(unaudited)*
2021-22
Adopted Budget
2021-22
Revised Budget
2021-22
Mid-Year
Revenues
Property Tax 45,733,246 49,310,947 48,365,000 48,365,000 50,365,000 Sales Tax 17,601,219 19,439,880 18,680,000 18,680,000 19,080,000 Property Transfer Tax 15,195,899 18,536,929 12,000,000 12,000,000 15,000,000 Utility Users Tax 8,809,355 9,091,389 8,652,500 8,652,500 8,652,500 Franchise Taxes 3,894,723 4,211,074 3,996,000 3,996,000 3,996,000 Business License Tax 2,572,827 2,253,820 2,200,000 2,200,000 2,200,000 Transient Occupancy Tax 1,952,077 1,996,230 1,400,000 1,400,000 2,200,000 Other Taxes 1,210,667 1,376,293 1,300,000 1,300,000 1,300,000 Fees and Charges for Services 4,879,165 4,125,266 6,703,100 6,703,100 6,798,100 Transfers In 4,493,136 7,304,978 4,355,000 4,355,000 4,387,000 Investment and Property Income 2,504,115 1,558,119 2,273,311 2,273,311 2,273,311 Intergovernmental Revenue 746,267 2,465,847 1,108,000 1,132,800 1,132,800 Fines/Forfeiture/Penalty 705,562 670,398 590,100 110,100 110,100 Other Revenue 634,340 35,033 123,600 123,600 123,600 Licenses and Permits 1,498 64 850 850 850 110,934,096 122,376,266 111,747,461 111,292,261 117,619,261 Expenditures
Salaries and Employee Benefits 64,219,686 66,289,598 77,747,014 77,446,465 77,499,465 Fire** 28,346,384 29,734,275 32,229,347 32,229,347 32,229,347 Police 27,204,008 27,358,450 32,950,623 32,950,623 32,950,623 Recreation & Parks 1,556,407 1,631,090 5,288,511 4,987,962 4,987,962 Other Departments 7,112,887 7,565,783 9,096,533 9,096,533 9,149,533 Vacancy Savings (1,818,000) (1,818,000) (1,818,000) Operating Expenditures 9,412,981 9,874,457 14,669,036 15,270,547 15,735,847 Transfers Out 15,156,136 8,969,075 8,650,000 8,650,000 10,535,000 Cost Allocation 8,765,524 8,471,021 13,060,779 13,060,779 13,214,639 Debt Service 226,119 231,271 228,151 228,151 190,351 Capital Outlay 178,463 111,213 6,500 6,500 6,500 97,958,909 93,946,635 114,361,480 114,662,442 117,181,802 Pension/OPEB Advance Paydown 10,000,000 9,214,815 97,958,909 103,946,635 114,361,480 114,662,442 126,396,617 Revenues Less Expenditures
Baseline Operations 12,975,187 28,429,631 (2,614,019) (3,370,181) 437,459 With Pension/OPEB Reserve Payment 18,429,631 (8,777,355) * Does not include funds (such as Recreation) that rolled up to the General Fund in FY 2021-22. ** Fire S&B increasing at higher rate than other departments due to incorporation of SAFER-funded positions in GF.
General Fund
Budget Summary