Page 99 - City of Westlake FY20 Budget

Section 3 Financial Analysis
Fund Overview All Funds

• Municipal Operations and Maintenance is budgeted at $12,218,536;

• This reflect an .01% decrease of $42,039 from the prior year estimated.
o Capital Outlay increased $64,210
o Debt Service increased $103,275
Operating Expenditures
o Economic Development decreased $300,000
o Leases and Rentals increased $1,414
o Rent & Utilities increased $8,783 Payroll &
o Repair & Maintenance increased $137,790 Related
Operations & 28%
o Services increased $223,615 Maintenance
o Supplies decreased $17,380 72%
o Travel & Training increased $16,166

o Transfers Out Operating decreased $279,912

NON-OPERATING EXPENDITURES
Non-operating expenditures are budgeted to be $16,510,144
This represents a 20% decrease of $4,065,821, the prior year estimated.

Municipal Non Operating Expenditures
• Maintenance/Replacement funds decreased $408,431

• Capital Projects decreased $2,621,311
Municipal
• Transfers Out decreased $1,833,449 43% Academic
57%
Academic
• Expenditures increased $797,370

FUND BALANCE
• Excess revenues over(under) expenditures is projected to be ($693,765)
• The beginning fund balance is projected to $25,671,087

• The ending fund balance is projected to be $24,977,319

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