Page 75 - Benbrook FY2021

OPERATING FUNDS EXPENDITURES

Total Operating Fund expenditures, transfers, and use of reserves for 2020-21 are $22,874,594 for a net increase of $1,359,121 or 6.32
percent over the 2019-20 re-estimate of $21,515,473. General Fund expenditures, special projects, and transfers of $21,264,353 are
$1,306,804 or 6.55 percent more than the 2019-20 re-estimate of $19,957,549. Debt Service expenditures of $1,610,241 are $52,317
or 3.36 percent more than the 2019-20 re-estimate of $1,557,924. The 2020-21 Operating Funds Budget includes $500,000 in transfers
from the General Fund to the Capital Asset Replacement Fund. The 2019-20 Operating Funds re-estimate includes the transfer of $302,170
from the General Fund to the Capital Asset Replacement Fund, the transfer of $250,000 for the Wall Repair Fund, and the transfer of $650,000
for the Clear Fork Emergency Access Bridge.

Total Operating Fund expenditures (excluding transfers and use of reserves) for 2020-21 are $22,374,594 for an increase of $2,061,291 or
10.15 percent over the 2019-20 re-estimate of $20,313,303. General Fund expenditures for 2020-21 (excluding transfers and use of
reserves) of $20,764,353 are $2,008,974 or 10.71 percent more than the 2019-20 re-estimate of $18,755,379. Debt Service expenditures
of $1,610,241 are $52,317 or 3.36 percent more than the 2019-20 re-estimate of $1,557,924.

EXPENDITURES BY CLASSIFICATION

PERSONAL SERVICES

Personnel expenditures are projected to increase by $1,518,090 from $14,048,031 in 2019-20 to $15,566,121 in 2020-21. This increase is
attributed to salary adjustments, and adjustments for insurance and fringe benefits.

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.

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, 2021, the current rate of 16.59 percent
increases to 16.74 percent; the employee contribution rate remains at 7.00 percent.

SUPPLIES AND MATERIALS

The cost of supplies and materials is projected to increase by $76,943 from the 2019-20 re-estimate of $723,317 to $800,260 in 2020-21.
The 2020-21 Budget includes funds for general office and operating supplies, postage, and other items for City departments at or near the
2019-20 re-estimate level. Additional funds are included for software, light bars for patrol cars, and supplies to improve and update City
parks.

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