Page 8 - PantegoFY24AdoptedBudget

- Utilities and Gasoline
- Training, Dues and Miscellaneous
- Capital

Expenditure – Highlights

The following notable changes were made in this year’s General Fund proposed expenditure Budget:

Personnel: This category increased 3.6% or $174,669 compared to FY23. Again, as previously
mentioned, this increase is due to the increases in insurance costs.

Contractual Agreements: This category increased by 15.3% or $67,783 mainly due to an increase to our
IT programming and maintenance expenditure.

Supplies and Maintenance: This category increased by 12.9% or $41,969 mainly due to inflationary
pressures regarding these types of expenditures.

Utilities and Gasoline: This category increased by 3.8% or $7,691 primarily due to inflationary pressure
regarding energy costs.

Training, Dues and Miscellaneous: This category increased by 22.9% or $25,572 due to our having
several new employees in all departments.

Capital: This category decreased by 9.4% or $7,869. The decrease is due largely to a decrease in
the IT Budget needed to replace aging equipment and inadequate technology.

Expenditures by Function

The largest expenditure by function is Public Safety (Police and Fire departments) 31.9% and 28.6%
respectively. Total Public Safety expenditures in the General Fund are budgeted at $3,795,780 in Fiscal
Year 2023-24 (Police [$2,000,717] and Fire [$1,795,063]) Expenditures in these two departments
increased by $178,995 or 4.9% combined from the prior year’s adopted Budget. This increase is due
largely to increases in employee benefit costs.

The Public Works department constitutes the fourth largest group of expenditures by function, at 13.3%.
Total expenditures for the Public Works Department are budgeted at $833,023 in FY 2023-2024 a
decrease of 14.2% or $137,800 due to the reclassification of two employees to General and Administrative,
as well as some turnover of tenured employees.

The General and Administrative function (City Manager, City Secretary, Finance and Human Resources,
Economic Development Coordinator, as well as IT) are the third largest group of expenditures by function
at 18.7%. Budgeted expenditures for General and Administrative are $1,173,179 in FY 2023-2024, an
increase of $254,656 or 27.7% from the current adopted Budget of $918,523.

Expenditures for Municipal Court 7.0%, and non-Divisional .60% account for the remainder of General
Fund expenditures by function in the FY 2023-2024 proposed Budget. Municipal Court’s proposed Budget
of $441,769 represents a 2.1% increase from current year’s adopted Budget. non-Divisional includes
Community Relations Board (CRB) and Special Event expenditures Budgeted at $34,750 an increase of
15.9%.

ADOPTED BUDGET FY2023-24 TOWNOFPANTEGO.COM/BUDGET PAGE 6