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FY 2012 OPERATING BUDGET FINAL Update. Department of Budget and Evaluation May 5, 2011. General Fund CHANGES from FY 2012 Recommended Budget. Program Changes Shift $300k for Shipyard HQ to City Council Contingency Additional Vehicle Costs – recommend increasing from $3.05 to $3.50.

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fy 2012 operating budget final update

FY 2012 OPERATING BUDGETFINAL Update

Department of Budget and Evaluation

May 5, 2011

general fund changes from fy 2012 recommended budget
General Fund CHANGES from FY 2012 Recommended Budget
  • Program Changes
    • Shift $300k for Shipyard HQ to City Council Contingency
    • Additional Vehicle Costs – recommend increasing from $3.05 to $3.50
revenue changes
Revenue Changes

Revenue

  • Decreased State Revenue $ (46,859)

+ Additional Telecommunications Tax 100,000

+ Additional Electric/Gas Utility Tax 40,000

+ Misc Revenue Adjustments 3,859

+ Additional BPOL Revenue 750,000Total RevenueChange $847,000

expenditure changes
Expenditure Changes

Expenditure

+ Vehicle Fuel ($3.05 to $3.50/gallon) $367,518

+ New Contract – Worker’s Comp 125,514

+ Local Share – Health Dept 74,813

+ SPCA Contract Increase 22,571

+ Adult Drug Court Funding 5,600

+ Council Tables 14,000

+ Restore Bookmobile 100,000

+ Misc Adjustments 136,984

Total Expenditure Change $847,000

recommended to final budget
Recommended to Final Budget

Recommended $413,733,000

Final $414,580,000

DIFFERENCE + $847,000

Highpoints

  • RIF – 9 Positions
  • 2% Salary Adjustment - July 1st – for all employees hired prior to January 31, 2011
  • Tax Abatement is moving forward