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analyais demonstrat3ng the preeent value of the beaefits of the equipment is greater than the coat of the equipment over the expected life of the equipment. The City has become more dependent on local government aid in recent years as the state has controlled local levies and replaced them with increaeed local gove =o ee t a t xea)hwithaa replaced a more stable rev�oudealuwith(this inatability is to leas etable one. One way develop a budget reserve that can be ueed if local government aid is significantly reduced without adequate notice. , The City will maintain a budgetary control eystem to easure adherence to tha budget. The Finance Department will prepare regular reporte � comparing actual expenditurea to budgeted amounta as pa=t of the budgetary control system. . Department heads ahall be primarily responsible for maintaining expenditurea within approved budget guide- lines, consistent with appsoved financial policiee. IMPLEMENTATION 1. The 1994 Budget allocates administrative and general govern- ment coats to all revenue generating departments ana e eral These charges result in a tranefer of reveaue to the g ' fund operating budget. E�. 2. The transfer of Public Works ovexhea eciale assesament fund ' street coastruction projects, from a ep to the general fund, has been changed from a funding eource for operating expenses to a funding source for capital expen- diturea. - 3. The following budget compliance graPh showa the actual expen- dituree have not exceeded budgeted expenditures during the past ' ten years with the exception of 1993. However, additional reve- nues more than offeet the difference in budget. BUDGET COMPLIANCE GENERAL AND SPECIAL REVENUE FUNDS M�171om 670- 56 - SO - �� . � � � S�- .� � � � � � � � � � � � SP- : S� :^ � i, � . �. � : ` � , � . . � 50 '190.7 19l4 19E6 19lb !G!7 7�66 1969 1490 IV91 1492 � BUD6ET � w�UAL IV% IImnan Erc�W�Q DaGO�t B -3