Attachment #3
Revised Budget
FY 2024-25
Projected YE
FY 2024-25
Mid Year
Proposed
Adjustments
GENERAL FUND REVENUES
Property Tax $ 20,150,000 $ 20,150,000 $ Note 1 -
Public Safety Property Tax 3,746,394 3,746,394 -
Sales Tax 627,000 645,000 18,000 Note 2
Utility User & Franchise Taxes 2,912,900 3,239,900 327,000 Note 3 Charges for Services 2,263,632 2,288,632 25,000 Note 4
Licenses & Permits 1,363,000 1,705,000 342,000 Note 5
Other Revenues 4,590,387 4,614,587 24,200 Note 6
Total Revenues $ 35,653,313 $ 36,389,513 $ 736,200
GENERAL FUND EXPENDITURES
Personnel
Salaries - Miscellaneous $ 7,390,033 $ 7,390,033 $ -
Salaries - Safety 10,024,135 9,435,868 (588,267) Note 1 Overtime - Miscellaneous 25,845 25,845 -
Overtime - Safety 1,113,691 1,905,359 791,668 Note 1
Medical, Medicare, Allowances 2,645,990 2,612,391 (33,599) Note 1 Debt Service - Pension Bonds - - -
Pension Payments - Miscellaneous UAL 840,261 840,261
Pension Payments -Public Safety UAL 2,609,910 2,609,910 Retirees' Medical (OPEB) 200,000 200,000 -
Total Personnel $ 24,849,864 $ 25,019,667 $ 169,803
Non-Personnel
Workers' Compensation $ 697,375 $ 1,728,177 $ Note 2 1,030,802 General Liability & Insurance 984,970 984,970 -
Legal Services 655,000 733,000 78,000 Note 3
Office Supplies, Repair & Maint., Misc. 1,971,035 2,003,360 32,325 Note 4 Contract Services 4,441,886 4,446,886 5,000 Note 4
Utilities 812,969 1,010,789 197,820 Note 5
Capital Equipment 87,441 87,441 -
Other (Depreciation, Training, etc.) 879,625 879,625 -
OPEB Trust Contribution 100,000 100,000 -
Pension Trust Contribution - - -
Annual Reserve Contribution - - -
Windstorm Expenditures - 261,277 Note 6 261,277
Total Non-Personnel $ 10,630,301 $ 12,235,525 $ 1,605,224 Total Expenditures $ 37,255,191 35,480,165 $ 1,775,026 $ Annual Operating Surplus (Deficit) $ 173,148 $ (865,678) $ (1,038,826) FY 2024-25 Year-End Projections