Page 108 - CityofWataugaAdoptedBudgetFY24

BUDGET SUMMARY

OPERATING EXPENSES/EXPENDITURES

BUDGET
VAR 2023
CATEGORY 2022 ACTUAL 2023 BUDGET 2023 ESTIMATE 2024 BUDGET TO 2024

PERSONNEL $ 13,248,970 $ 15,984,250 $ 15,117,634 $ 17,556,500 9.8%
PERSONNEL (ONE-TIME GRANT) $ 323,300 $ 1,334,000 $ 1,327,910 $ 60,000 -95.5%
TOTAL PERSONNEL $ 13,572,270 $ 17,318,250 $ 16,445,544 $ 17,616,500 1.7%

SUPPLIES $ 774,618 $ 1,007,610 $ 908,182 $ 1,043,410 3.6%

MAINTENANCE $ 800,664 $ 1,156,910 $ 958,148 $ 1,085,526 -6.2%

CONTRACTUAL - OTHER $ 4,551,734 $ 4,589,467 $ 5,311,967 $ 5,502,574 19.9%
WATER AND WASTEWATER $ 4,553,510 $ 4,300,000 $ 4,449,263 $ 4,700,000 9.3%
DEBT SERVICE $ 4,858,701 $ 5,281,359 $ 5,281,359 $ 6,010,431 13.8%
TOTAL CONTRACTUAL $ 13,963,946 $ 14,170,826 $ 15,042,589 $ 16,213,005 14.4%

TRANSFERS $ 4,431,136 $ 3,942,200 $ 3,942,200 $ 3,280,000 -16.8%

TOTAL OPERATING EXPENSES $ 33,542,634 $ 37,595,796 $ 37,296,663 $ 39,238,441 4.4%

Funding for planned capital projects and equipment this fiscal year is $27.6 million in
comparison to $25.7 million last fiscal year. Detailed information on the Capital
Improvement Projects and Capital Outlay Plan can be found within this budget document.

100