26
Adopted FY 2014-15 Budget
Highlights
Expenditures By Category:
The chart below shows a comparison of General Fund expenditures by expenditure category for FY 12-
13 Actual Expenditures, the FY 13-14 Amended Budget, the FY 14-15 Adopted and FY 15-16 Projected
Budgets.
The Adopted General Fund Budget projects a $4.6
million, or 3.0%, increase in budgeted personnel
costs. The fund shows a net increase of about
nine (9) FTE positions, including fifteen (15) Fire
Department positions for an additional Fire
company in east Greensboro. The FY 14-15
budget includes the elimination of approximately
8.5 FTE positions associated with a variety of
budget reductions. These reductions are detailed
on the appropriate departmental budget pages and
include reductions in Human Relations, Human
Resources, Parks and Recreation and Engineering
and Inspections.
The budget includes funds for a merit pay
adjustment that would average 2.0% for
employees. The budget also funds the Public
Safety step program for Police Department ranks
Officer 1 through Sergeant and Fire Department
ranks from Firefighter through Fire Captain.
The Adopted Budget includes a 10.6% increase in
contributions to the Risk Retention (Health
Insurance) Fund (about $1.9 million) and a 9.7%
reduction
in
contributions
for
Workers
Compensation costs, a savings of about $281,100.
Maintenance and operations (m/o) expenditures,
including transfers to other funds, are budgeted at
$82.0 million, about $750,000 above the current
year budget.
General Fund Departments submitted budget
reductions that included about $300,000 in
maintenance and operations cost reductions. The
various reductions are discussed in greater detail
in each result area. Notable reductions in this cost
category include improved efficiencies in
technology lease management ($111,000 savings)
and restructuring of the Fire Department’s service
agreement with the Colfax Fire Department
($47,800 savings). The addition of the new Fire
Engine Company adds about $240,000 in m/o
costs to the Fire Department Budget.
The General Fund contribution to the Solid Waste
Management Fund decreases from $2.46 million to
$1.78 million, a savings of $683,800 for the
General Fund. The General Fund contribution to
the Coliseum Fund will increase from $2.21 million
to $2.34 million, an increase of about $125,500.
The General Fund contribution to the Guilford
Metro Communications Fund will increase from
$4.29 million to $4.42 million, an increase of about
$128,000.
General Fund contributions to the Debt Service
Fund will increase from $17.5 million to $18.0
million.
The FY 15-16 Projected Budget is $5.6 million, or
2.1%, higher than the Adopted FY 14-15 Budget.
Fund Summary-General Fund
2012-13
2013-14
2014-15
2015-16
Actual
Budget
Adopted
Projected
Personnel Costs
149,426,243
154,590,974
159,167,871
163,629,456
Maintenance & Operations
83,082,031
81,267,606
82,019,867
83,080,941
Debt Service
17,341,880
17,515,250
18,043,080
18,268,750
Capital Outlay
337,958
105,493
210,200
25,200
Total
250,188,112
253,479,323
259,441,018
265,004,347
General Fund Expenditures by Expenditure Category
