Page 37 - Forest Hill FY21 Annual Budget

Fore;j_ £-£ill FUND TREND ANALYSIS

General Fund Trend Analysis Water Fund Trend Analysis
I
Prior Year I Prior Year
Budget Variance Budget Variance
Year Personnel Other Total +/- Year Personnel Other Total +/-
2014 $ 5,088,571 $ 1,886,806 $ 6,975,377 2014 $ 876,910 $ 3,135,180 $ 4,012,090
2015 $ 5,053,074 $ 2,324,572 $ 7,377,646 5.77% 2015 $ 895,984 $ 3,501,548 $ 4,397,532 9.61%
2016 $ 5,872,865 $ 2,403,163 $ 8,276,028 12.18% 2016 $ 1,180,845 $ 3,514,412 $ 4,695,257 6.77%
2017 $ 5,957,725 $ 2,469,271 $ 8,426,996 1.82% 2017 $ 895,984 $ 3,658,110 $ 4,554,094 -3.01%
2018 $ 5,700,165 $ 2,525,788 $ 8,225,953 -2.39% 2018 $ 1,172,350 $ 3,691,000 $ 4,863,350 6.79%
2019 $ 6,313,281 $ 2,755,148 $ 9,068,429 10.24% 2019 $ 1,092,307 $ 3,435,300 $ 4,527,607 -6.90%
2020 $ 7,054,046 $ 2,792,448 $ 9,846,494 19.70% 2020 $ 1,055,807 $ 3,574,400 $ 4,630,207 2.27%
2021 $ 7,151,615 $ 3,159,250 $ 10,310,865 4.72% 2021 $ 1,222,700 $ 3,653,350 $ 4,876,050 5.31%

General Fund Trend Analysis Water Fund Trend Analysis
2014-2021 2014-2021

$8,000,000 $4,000,000
$7,000,000 $3,500,000
$6,000,000 $3,000,000
$5,000,000 $2,500,000
$4,000,000 $2,000,000
$3,000,000 $1,500,000
$2,000,000 I 111 UI �1111111 $1,000,000 111 I a Ill '11 I
$1,000,000 $500,000
s- S-
2014 2015 2016 2017 2018 2019 2020 2021 2014 2015 2016 2017 2018 2019 2020 2021
w Personnel II Other Iii Personnel • Other

The City of Forest Hill's main goal is to instilling confidence in the in1eg1ity of the City government. Through a commitment to
excellence in leadership and staff development, employees have been trained and enriched knowledge and education. Cost of training,
education and salary adjustments has resulted in the increasing personnel costs from 2018 to 2019 and 2019 to 2020. That led to the
10.24% variance for these fiscal years. However, we have maintained a stable budget for personnel during 2020 that we are confident to
propose a lower budget for 2021.

The mission of the Water Utilities Department is to provide a continuous supply of high-quality drinking water and ensure safe disposal of
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wastewater in a responsive cost-effective manner while improving service to citizens. Cost of planning for future needs has increased our
operating cost that resulted in the 16% increase variance. We proposed a fund increase to fulfil this mission.