Page 139 - Ord 866 Adopting a revised Fiscal Year 17-18 and new proposed Fiscal Year 18-19 budget
P. 139

Section 3
                                                                            General Fund Overview



               Permits and Fees Buildings
                    Budgeted to be $4,357,571M;  a 103% increase of $2.2M; prior year estimated.
                       o Based on continuing growth in residential and commercial construction.
                       o General Fund portion of Residential building permit fees increased $ 126K;
                           the majority of this increase is due to anticipated fees from Entrada.
                       o General Fund portion of Commercial building permit fees increased
                            2.08M; the majority of this increase is to overall anticipated building
                           construction permit fees.

               Fines and Forfeitures ( Court)
                    Budgeted to remain flat at $715,545
                       o Revenue generated from the Municipal Court is based on citations and
                           warrants issued.
                       o The Keller Police Department will continue to provide police services for
                           Westlake.


               Investment Earnings
                    Budgeted to remain flat at $178,955.


               Contributions
                    Budgeted to remain flat at $12,205

               Miscellaneous Income
                    Budgeted to remain flat at $39,820
                       o Includes fees charged by the Town for facility rentals,  sales of surplus/ scrap
                           items,  insurance refunds and equity returns.

               Transfers In
                    Budgeted to be $66,539; a 7% increase of $4,539; prior year estimated.
                       o transfer in from the Utility fund for one-time impact fees




            EXPENDITURES AND OTHER USES
            Operating expenditures and other uses are budgeted at $12,064,992.
            This represents a 17% increase of $1,737,378 from prior year estimated.


               Payroll & Related – Base Salaries, Taxes, Insurance and Retirement
                    Budgeted to be $4,495,731; a 7% increase of $287,362; prior year estimated.
                       o Market band adjustments of $191K are reflected and based on most
                           recent salary surveys performed by the HR dept. (GF portion is $ 153K)
                       o Performance Pay of $50K is included ( GF portion is $ 42K)










                                                             125
   134   135   136   137   138   139   140   141   142   143   144