Attachment 2
FY 2024-25 General Fund Proposed Budget Adjustments
(in millions)
Actual as of
12/31/24
Adopted
Budget
Encumb.
CarryFwrd
Approved
Budget
Adjustment
Per Council
Action
Adjusted
Budget
Proposed
Mid-Year
Adjustment
Proposed
Amended
Budget
Revenues
Taxes
Property Tax $30.3 $50.2 - - $50.2 $6.9 $57.1
Sales Tax 7.2 23.2 - - 23.2 (2.0) 21.2
Transient Occupancy Tax 6.6 14.5 - - 14.5 0.3 14.8
Other Tax 2.4 6.7 - - 6.7 1.0 7.7
Franchise Fees 1.4 6.2 - - 6.2 - 6.2
License and Permits
Building 3.4 9.0 - - 9.0 (1.0) 8.0
Fire 1.4 2.3 - - 2.3 0.6 2.9
Public Works 1.3 1.8 - - 1.8 0.9 2.7
Other 0.0 - - - - - -
Fines & Forfeitures 0.1 0.9 - - 0.9 - 0.9
Intergovernmental 1.9 2.7 - 1.1 3.7 0.6 4.3
Charges for Services
Planning 0.7 0.4 - - 0.4 - 0.4
Fire 2.4 3.7 - - 3.7 0.2 3.9
Parks & Recreation 1.8 3.4 - 0.0 3.4 - 3.4
Police 0.6 1.1 - - 1.1 - 1.1
Other 0.0 0.0 - 0.0 0.0 - 0.0
Inter-Fund Admin Charge 1.0 2.0 - - 2.0 - 2.0
Use of Money & Property 2.6 4.5 - - 4.5 1.2 5.7
Other Revenues 0.4 0.3 - - 0.3 0.0 0.3
Transfers In 0.5 4.7 - 0.7 5.3 (3.0) 2.3
TOTAL REVENUES $66.0 $137.4 - $1.7 $139.1 $5.7 $144.8
Expenditures
City Attorney $0.8 $1.5 - - $1.5 $0.8 $2.3
City Clerk 0.5 1.3 - - 1.3 0.1 1.4
City Council 0.1 0.3 - - 0.3 - 0.3
City Manager 1.5 3.9 0.0 - 3.9 0.4 4.3
City Treasurer 0.0 0.2 - - 0.2 - 0.2
Finance 1.6 3.9 0.4 - 4.3 (0.1) 4.2
Human Resources 1.4 2.7 0.2 - 3.0 0.0 3.0
Non expense/Dept 1.4 1.9 0.3 - 2.2 - 2.2
Econ & Comm Develop 4.1 8.9 2.7 - 11.6 0.1 11.7
Fire 17.9 36.4 0.6 0.1 37.1 1.0 38.1
Library 3.5 8.9 0.0 0.1 9.0 0.0 9.0
Parks and Recreation 11.4 26.3 2.2 0.0 28.6 0.9 29.5
Police 17.4 38.2 0.0 0.1 38.3 0.0 38.3
Public Works 4.9 11.1 1.3 1.0 13.4 1.0 14.4
CIP 0.0 - - 0.7 0.7 - 0.7
TOTAL EXPENDITURES $66.7 $145.4 $7.8 $2.0 $155.2 $4.2 $159.5 Revenue in excess
of Expenditures (0.7) (8.0) (7.8) (0.3) (16.1) 1.4 (14.7) Information Technology* 1.9 4.3 0.3 0.0 4.6 0.0 4.6
* Non-General Fund: budgeted as internal service fund in Fund 785