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The proposed 2020 budget represents a 12.8% increase from 2019. This increase is mostly due
<br />to additional capital spending (primarily $5 million for the OVAL). Inflationary costs for staff,
<br />supplies, and services also contribute to the increase.
<br />
<br />Personnel Services comprise the largest amount of the budget followed by Other Services and
<br />Charges and Capital Outlay
<br />
<br />2020 Budget by Category
<br />Capital Outlay
<br />25%
<br />Other Services
<br />& Charges
<br />Debt Service
<br />28%
<br />4%
<br />TIF
<br />2%
<br />Supplies &
<br />Materials
<br />Personnel
<br />2%
<br />Services
<br />39%
<br />
<br />
<br />Traditionally, the city budget is divided into two categories; Property Tax-Supported and Fee-
<br />Supported. It is important to note that there is fee revenue for items in the Property Tax
<br />Supported portion of the budget. However, the single-largest funding source does come from
<br />property taxes. Below is table showing the breakdown between property tax levy and fee
<br />revenues for the 2020 budget.
<br />
<br />Budget Funding Sources
<br />ProgramProperty+/- OtherTotal
<br />FunctionRevenueTaxesSourcesSources
<br />Police$ 1,222,089$ 6,978,897$ 569,640$ 8,770,625
<br />Fire 484,022 3,369,227 483,811 4,337,060
<br />Parks & Recreation 2,484,862 5,358,015 299,913 8,142,790
<br />Public Works 2,278,717 3,860,574 (200,271) 5,939,020
<br />Administrative Services 581,587 2,245,938 (49,290) 2,778,235
<br />Information Technology 3,092,245 150,000 (194,995) 3,047,250
<br />General Facilities - 776,000 4,697,400 5,473,400
<br />Water, Sewer, Storm 14,974,995 - 1,716,875 16,691,870
<br />Other 7,455,285 - - 7,455,285
<br />Total $ 32,573,802$ 22,738,650$ 7,323,084$ 62,635,535
<br />* Other Function Sources include: license & permit fees, revenues from regional collaborations,
<br /> interest earnings, and others. Negative balances in Other Sources category depicts funds
<br /> set aside for future capital replacements.
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<br />Page 4 of 19
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