FY 14-15 Adopted Budget

Infrastructure - Parking Fund

BUDGET SUMMARY

2012-13

2013-14 Budget

2014-15 Adopted

2015-16 Projected

Actual

Expenditures:

Personnel Costs

533,225

564,636

657,870

684,778

Maintenance & Operations

1,313,375

1,881,974

1,882,154

1,685,413

Capital Outlay

0

0

0

0

Total

1,846,600

2,446,610

2,540,024

2,370,191

Total FTE Positions

11.000

11.000

13.000

13.000

Revenues:

Parking Fees

2,309,713

2,258,800

2,175,000

2,175,000

All Other

-7,115

18,000 169,810

12,000 353,024

12,000 183,191

Appropriated Fund Balance

434,001

Subtotal

2,736,599

2,446,610

2,540,024

2,370,191

General Fund Contribution

0

0

0

0

Total

2,736,599

2,446,610

2,540,024

2,370,191

BUDGET HIGHLIGHTS

 The FY 14-15 budget for the Parking Fund is increasing by just over $93,000, or 3.8%.  The fund is adding one new administrative support position in FY 14-15 to assist in customer service and improve the percent of appeals processed in less than 5 business days. In addition, the budget for the current Parking administrative support position is being moved from the General Fund to the Parking Fund.  The FY 14-15 budget includes an increase in appropriated fund balance to fund needed parking facility maintenance at the Davie Street Parking Deck.

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