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<br /> ------ ---------- <br /> , <br /> .. <br /> '. <br /> 2 . <br /> expended $5,248 in election judge wages or $1,750 per election. In <br /> 1994, the City conducted two elections and expended $4,482 in <br /> election judge wages or $2,241 per election. This 28% cost increase <br /> will be investigated and results included for 1996 budget planning <br /> purposes. <br />b. Administrative department monthly costs include severance pay for <br /> the former City Administrator. <br />c. Police Department expenditures include contract payments to the <br /> Sheriffs department for the entire year of$519,200. $480,751 was <br /> budgeted in this category, The apparent $38,449 negative variance <br /> will be rectified in early 1995 when the Sheriffs department goes <br /> through a "1994 budget final reconciliation process" and will credit <br /> the City for I 994 overpayments which reflect the difference between <br /> estimated invoiced and actual costs. <br />d. Streets Department monthly costs include a $1 15,657 allocation of <br /> pavement management costs from the PIR fund. An effort was made <br /> to allocate estimated total project costs and not simply to allocate <br /> what was assessed to benefitting property owners ($2 I 5,922) less . <br /> allocations to the Surface Water Management Utility ($80,843). It is <br /> estimated that this department will significantly underspend against <br /> budget in the following areas: <br /> - Miscellaneous street projects $26,564 <br /> - Seal coating $20,000 <br /> - Allocated pavement Mgmt. $16,543 <br /> - Pick-up replacement (capital) $ 7 000 <br /> Collective positive variance $70.1 07 <br />e. As per the adopted 1994 budget, $118,750 was transferred from tbe <br /> General Fund to the Municipal Land and Buildings Fund (#408) due <br /> to the positive revenue expectations of the General Fund. <br />f. Overall, the 1994 General Fund expenditures are estimated to be <br /> underspent. The magnitude of under spending may be in the $100,000 <br /> to $120,000 (5.0% - 6.0%) range. This is in contrast to 1993 <br /> overspending of$32,308 (1.7%) against budget. <br />Coupled with the estimated 1994 performance in General Fund revenues, the General Fund <br />balance may increase $150,000 to $190,000 as a result of 1994 operations. This is in . <br />contrast to a $66,674 deterioration of fund balance as a result of 1993 operations. <br /> ----------- <br />