2011 Approved Budget - Laserfiche WebLink

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.... ... .. 75 Will! .... ..... ..... . . ... ... .. . . . . . . . ... . . . .. ... .. . . . . . . . . . . .... ..... . .. . ..... ..... .. .. .. ... . .... ..... .. .. .. .. . . . . . . . . .. . 11 .. . . . . . . . .. . .. .. . . . . . .. .. ... . ... . . . . . . .. .. . ... . .. .... . . . . As noted earlier, the City expects to continue to see fluctuations in investment earnings in the cominl'-F4 years. While cash reserve levels are expected to remain relatively unchanged, long-tcrm interest ratehl remain near low historical levels. i Reflecting the emphasis described above, as a percentage of the General Fund; Police, Fire, and Rablic Works costs have generally increased during the past 5 years., This is depicted below., Police, Fire, Public Works 2007 2008 2009 2010 2011 Higher public safety and public works-related costs have been somewhat offset by lower general admim'strative costs, which until 2011 had been decreasing as a percentage of the budget. The general admiDistrative costs increased in 2011 due to the addition of new programs for nuisance codi enforcement and diseased and hazardous tree removal. Since 2007, the General Fund balance declined by $1.8 million due largely to the drawdown of reserves to offset state aid losses as well Icss-than-expected interest earnings. It is expected that faturc budgets will allow for more balanced budgets. 22