Page 76 - Benbrook FY20 Approved Budget

CITY OF BENBROOK 2019-20 ANNUAL BUDGET

OPERATING FUNDS EXPENDITURES

Total Operating Fund expenditures, transfers, and use of reserves for 2019-20 are $22,583,668 for a net increase of $916,993 or 4.23
percent over the 2018-19 re-estimate of $21,666,675. General Fund expenditures, special projects, and transfers of $21,022,244 are
$917,673 or 4.56 percent more than the 2018-19 re-estimate of $20,104,571. Debt Service expenditures of $1,561,424 are $680 or
0.044 percent less than the 2019-19 re-estimate of $1,562,104. The 2019-20 Operating Funds Budget includes $250,000 in transfers from
the General Fund to the Capital Asset Replacement Fund, the transfer of $650,000 to the Capital Projects Fund for the Clearfork Emergency
Access Bridge, and the use of $250,000 in General Fund reserves to fund the new Wall Repair Fund. The 2018-19 Operating Funds re-
estimate includes the transfer of $250,000 from the General Fund to the Capital Asset Replacement Fund, the transfer of $500,000 for the
Clearfork Emergency Access Bridge, the use of $920,000 for the 800mhz radio system, and the transfer of $214,804 to the Animal Shelter
Account.

Total Operating Fund expenditures (excluding transfers and use of reserves) for 2019-20 are $21,433,668 for an increase of $1,651,797
or 8.35 percent over the 2018-19 re-estimate of $19,781,871. General Fund expenditures for 2019-20 (excluding transfers and use of
reserves) of $19,872,244 are $1,652,477 or 9.10 percent more than the 2018-19 re-estimate of $18,219,767. Debt Service expenditures
of $1,561,424 are $680 or 0.044 percent less the 2018-19 re-estimate of $1,562,104.

EXPENDITURES BY CLASSIFICATION

PERSONAL SERVICES

Personnel expenditures are projected to increase by $1,201,094 from $13,636,318 in 2018-19 to $14,837,412 in 2019-20. This increase
is attributed to salary adjustments, addition of three new full-time positions, and adjustments for insurance and fringe benefits.

Funds are included for a two and one-half percent across-the-board cost-of-living adjustment in pay for full-time employees. The Budget
includes funds for merit increases for those employees that are at steps one through six on the City’s seven step salary matrix; employees are
eligible for an up-to five-percent increase on their anniversary date.

The 2019-20 Budget includes the addition of one full-time Patrol Officer position in the Police department, and the elimination of one part-
time position in the IT Department.

Funds are also included in the Budget for an up-to twenty percent increase in employee health, dental, and life insurance premiums. Funds
are included for the increase of the City’s contribution rate for employee retirement, effective January 1, 2020, the current rate of 16.32
percent increases to 16.59 percent; the employee contribution rate remains at 7.00 percent.

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