69
BUDGET HIGHLIGHTS
The FY 14-15 Adopted Budget for the General and Employee Risk Retention Funds is increasing by
approximately $2.6 million, or 5.7%.
The General Risk Retention Fund is increasing by approximately $2.37 million, as the result of higher claims
and expenses from litigation in FY 13-14.
The Employee Risk Retention Fund is increasing by $282,627, or less than 1%.
PROGRAMS
2012-13
2013-14
2014-15
2015-16
Actual
Budget
Adopted
Projected
Appropriation
2,553,876
2,007,303
4,367,149
4,367,689
Full Time Equivalent Positions
0.200
0.200
0.200
0.200
Appropriation
39,981,901
44,613,018
44,895,645
46,852,270
Full Time Equivalent Positions
7
7
7
7
BUDGET SUMMARY
2012-13
2013-14
2014-15
2015-16
Actual
Budget
Adopted
Projected
Expenditures:
Personnel Costs
495,630
545,886
597,650
614,115
Maintenance & Operations
42,040,147
46,074,435
48,665,144
50,605,844
Capital Outlay
0
0
0
0
Total
42,535,777
46,620,321
49,262,794
51,219,959
Total FTE Positions
7.200
7.200
7.200
7.200
Revenues:
Internal Charges
39,987,614
42,555,609
44,599,694
46,551,895
Fund Balance
3,230,712
3,072,712
3,921,600
3,919,564
User Charges
808,582
735,000
740,000
745,000
All Other
-148,132
257,000
1,500
3,500
Subtotal
43,878,776
46,620,321
49,262,794
51,219,959
General Fund Transfer
0
0
0
0
Total
43,878,776
46,620,321
49,262,794
51,219,959
RISK RETENTION FUNDS
General Risk Retention Fund
This fund was established to accumulate claim reserves and to pay claims and administrative fees for general liability, vehicle liability,
and public official and law enforcement liability.
Employee Risk Retention Fund
This fund was established for employee dental, health, and workers’ compensation coverage. The employee’s premiums and the
City’s contribution are deposited in this fund. Payments for health coverage are made for the payment of claims and administrative
expenses.
