ADOPTED CHANGES REVISED
REVENUE BUDGET GROWTH BUDGET
NO. CATEGORY FY 22-23 (REDUCTIONS) FY 22-23
1 Sales Tax 54,417,033 4,000,000 58,417,033 2 Property Taxes 61,786,895 1,500,000 63,286,895 3 Utility Users Tax 16,312,400 910,000 17,222,400 4 Services Charges - Intra City 13,499,790 - 13,499,790 5 Services Charges 18,405,990 530,000 18,935,990 6 In Lieu of Tax 8,728,076 375,000 9,103,076 7 Interest/Use of Money 2,271,472 200,000 2,471,472 8 Parking/Traffic/Other Fines 2,002,000 (632,000) 1,370,000 9 Transient Occupancy Tax 10,048,000 500,000 10,548,000 10 Building Permits/License Fees 5,593,503 - 5,593,503 11 Transient Parking Tax 3,339,000 360,000 3,699,000 12 Business Taxes 2,400,000 - 2,400,000 13 Franchises 1,471,179 - 1,471,179 14 Intergovernmental Revenues 1,558,715 - 1,558,715 TOTAL REVENUES 201,834,053$ 7,743,000$ 209,577,053$ TOTAL RECURRING REVENUES 209,577,053$ (1)
ADOPTED ADOPTED ADOPTED
EXPENDITURE SALARY & BENEFITS MS & S EXPENDITURES
NO. CATEGORY FY 22-23 FY 22-23 FY 22-23
1 City Council (597,764) (163,386) (761,150) 2 City Manager (2,333,486) (405,375) (2,738,861) 3 City Clerk (1,306,983) (466,064) (1,773,047) 4 City Treasurer (735,147) (174,831) (909,978) 5 City Attorney (4,248,206) (331,272) (4,579,478) 6 Management Services (4,602,859) (1,963,523) (6,566,382) 7 Financial Services (5,139,340) (889,173) (6,028,513) 8 Parks & Recreation (16,393,100) (12,416,281) (28,809,381) 9 Library Services (6,434,376) (2,053,210) (8,487,586) 10 Community Development (9,521,406) (3,881,046) (13,402,452) 11 Public Works (11,744,624) (6,610,880) (18,355,504) 12 Fire (32,521,649) (5,900,333) (38,421,982) 13 Police (52,098,347) (10,351,246) (62,449,593) 14 Non-Departmental (2,880,520) (5,274,229) (8,154,749) TOTAL EXPENDITURES (150,557,809)$ (50,880,849)$ (201,438,658)$ TOTAL RECURRING EXPENSES (201,438,658)$ (2)
RECURRING BALANCE / (DEFICIT) 8,138,395$ (3) = (1) + (2) Attachment 2
CITY OF BURBANK
Mid-Year Report FY 2022-23
---------------------------------------------------------------------END OF RECURRING-------------------------------------------------------------------------------- General Fund Projected Spendable Fund Balance for June 30, 2023 Attachment 2 - Page 1
Attachment 2
CITY OF BURBANK
Mid-Year Report FY 2022-23
General Fund Projected Spendable Fund Balance for June 30, 2023
NON-RECURRING
PROJECTED SPENDABLE FUND BALANCE - JUNE 30, 2022 49,018,695$ (4) Formal Reserve Adjustment (FY 2022-23) (11,501,568)$ (5) Contribution to Compensated Absences Reserve (FY 2022-23) (1,097,810)$ (6) ADJUSTED BEGINNING SPENDABLE BALANCE - JULY 1, 2022: 36,419,317$ (7) = (4) thru (6) Use of American Rescue Plan Funding 5,845,000$ (8) Other Non-Recurring Revenue/Use of Resources 8,597,271$ (9) Estimated Budget Savings (FY 2022-23) 3,021,580$ (10) Adopted One-Time Budget Items (9,592,564)$ (11) Additional Contribution to CalPERS (7,969,600)$ (12) Deposit to 115 Trust (6,700,000)$ (13)
Items Added Post Budget Adoption (657,903)$ (14) Mid-Year Budget Requests (net of revenue) (1,734,032)$ (15) NET TOTAL NON-RECURRING ITEMS (9,190,248)$ (16) = (9) thru (15) NON-RECURRING BALANCE POST PROPOSED ITEMS 27,229,069$ (17) = (7) + (16) RECURRING BALANCE / (DEFICIT) 8,138,395$ (18) = (3) PROJECTED SPENDABLE FUND BALANCE - JUNE 30, 2023 35,367,464$ (18) = (16) + (17) Attachment 2 - Page 2