Page 61 - FY 24 Budget Forecast at Adoption.xlsx

Expenditure Synopsis:

General Fund expenditures total $44,350,725 for FY 2023-24, which is a decrease of $2,158,962 or
4.64%, from the FY 2022-23 budget and a decrease of $1,536,242 or 3.35% from year-end projections.
Of the $44,350,725, ongoing expenditures are $41,683,754 and one-time expenditures are $2,666,971.
A breakdown and description of the General Fund expenditures by account category and by function are
provided below.

Expenditures by Account Category

The General Fund is broken into five major categories: personnel services, operations and maintenance,
services and other, transfers to other funds and capital outlay. Personnel costs, including any increases
in compensation rates, are calculated in conjunction with the Human Resources Department. All other
costs are based on the previous year’s revised funding level minus any one-time costs from the previous
year. In order for departments to receive an increase in funding, either an adjustment to base request
must be approved by the City Manager or an enhancement must be approved by City Council. Below is
a breakdown of FY 2023-24 account category expenditures.

FY 2023-24 General Fund Expenditures by Category Capital

Outlay
Transfers To Other 47,600
Funds 0.1%
2,865,667
6.5%

Services & Other
9,937,403
22.4%

Operations & Personnel
Maintenance Services
3,328,661 $28,171,394
7.5% 63.5%

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