ATTACHMENT V
Budget
FY 2025-26
Assumed
Projected
Growth Rate
Projected FY
2026-27
Projected FY
2027-28
Projected FY
2028-29
Projected FY 2029-
30 Projected FY
2030-31
GENERAL FUND REVENUES
Property Tax 20,950,000 4.0% 22,659,520 21,788,000 23,565,901 24,508,537 25,488,878 Public Safety Property Tax 3,704,709 5.0% 4,084,441 3,889,944 4,288,663 4,503,096 4,728,251 Public Safety Augmentation Fund 205,000 2.0% 213,282 209,100 217,548 221,899 226,337 Sales Tax 637,000 2.0% 737,405 722,946 752,153 767,196 782,540 Utility Users Taxes 2,466,750 3.4% 2,637,341 2,550,620 2,727,011 2,819,729 2,915,600 Franchise Taxes 787,950 1.0% 740,718 733,384 748,125 755,606 763,162 Charges for Services 2,335,411 4.0% 2,971,569 2,857,278 3,090,432 3,214,049 3,342,611 Licenses & Permits 1,750,170 3.4% 1,871,205 1,809,676 1,934,826 2,000,610 2,068,631 VLF 2,198,457
HDL provided
estimates 2,291,891 2,198,457 2,399,610 2,512,391 2,612,887 Other Revenues 1,392,585 2.0% 1,166,065 1,143,201 1,189,386 1,213,174 1,237,437 Total Revenues 36,428,032 37,902,606 39,373,437 40,913,655 42,516,287 44,166,334
GENERAL FUND EXPENDITURES
Personnel
Salaries - Miscellaneous 7,670,784 4.0% 2.5% 8,177,055 7,977,615 8,381,481 8,591,018 8,805,793 Salaries - Safety 10,136,916 4.0% 2.5% 11,027,680 10,758,712 11,303,372 11,585,956 11,875,605 Overtime - Miscellaneous 32,795 4.0% 2.5% 34,960 34,107 35,834 36,730 37,648 Overtime - Safety 1,500,448 4.0% 2.5% 1,599,478 1,560,466 1,639,465 1,680,452 1,722,463 Medical, Medicare, Allowances 2,924,869 7.0% 3,348,683 3,129,610 3,583,091 3,833,907 4,102,280 Pension Payments - Miscellaneous 989,147 Based on Valuation 1,189,000 1,141,383 1,312,000 1,321,000 1,324,000 Pension Payments - Public Safety 2,948,748 Based on Valuation 3,452,000 3,325,619 3,756,000 3,789,000 3,819,000 Retirees' Medical (OPEB) 189,500 2.0% 197,156 193,290 201,099 205,121 209,223 Total Personnel 28,120,802 26,393,206 29,026,012 30,212,342 31,043,184 31,896,012 Non-Personnel
Workers' Compensation 1,096,668 3.4% 1,172,509 1,133,955 1,212,374 1,253,595 1,296,217 General Liability & Insurance 1,285,478 20.0% 1,851,089 1,542,574 2,221,307 2,665,568 3,198,682 Legal Services 555,000 3.4% 593,382 573,870 613,557 634,418 655,988 Office Supplies, Repair & Maint., Misc. 1,882,828 3.4% 2,013,037 1,946,844 2,081,480 2,152,250 2,225,427 Contract Services 3,969,376 4.0% 4,209,767 4,047,853 4,378,158 4,553,284 4,735,415 Utilities 1,096,633 3.4% 1,172,472 1,133,919 1,212,336 1,253,555 1,296,176 Capital Equipment 6,100 n/a - - - -
Other (Building maintenance, Training, etc.) 184,387 3.4% 190,656 197,138 203,841 210,772 217,938 OPEB Trust Contribution - n/a - - -
Pension Trust Contribution - n/a - - - -
Total Non-Personnel 10,076,471 10,569,671 11,209,394 11,923,053 12,723,442 13,625,843 Total Expenditures 36,469,676 38,690,473 40,235,406 42,135,395 43,766,626 45,521,855 Annual Operating Surplus (Deficit) (41,644) (787,867) (861,969) (1,221,740) (1,250,339) (1,355,521) Long-Term Financial Projections