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Debt Service <br />8% <br />City -Wide Uses of Funds <br />Other Financing Uses <br />1% <br />Capital Outlay <br />23% <br />Operations <br />68"- <br />Operations <br />Operating expenditures include the costs of personnel and the purchase of supplies and <br />services. Total operating expenditures in the 2011 budget are $21.3 million. This amount is a <br />$212,200 (1 %) increase from the 2010 budget. <br />Debt Service <br />Debt service expenditures in all funds are budgeted at $2.6 million for 2011. The 2002 General <br />Obligation Refunding Golf Course Bonds were defeased in May 2010. No new debt was issued <br />by the City in 2010 and there are no plans for additional debt to be issued in 2011. <br />Capital Outlay <br />Capital expenditures in all funds are budgeted at $7.0 million. Capital expenditures include the <br />purchase of equipment, transportation and street improvements, construction of capital facilities, <br />purchase of land, development of parks, etc. The more notable capital projects with at least a <br />partial budget in 2011 are shown in the following table: <br />Project <br />Description <br />Water Rights Acquisition <br />Street Reconstruction Program <br />McCaslin & Dillon Interchange <br />Windy Gap Firming Project <br />Vehicle & Equipment Replacement <br />Harper Lake Parking Lot <br />General Facility Improvements <br />Library Auto Mat Handling System <br />Raw Water & Facilities Plan <br />Landscape Replacements <br />Highway 42 Corridor Study <br />Source 2011 <br />of Funds Budget <br />Water Utility Fund 1,070,000 <br />Capital Projects Fund 1,000,000 <br />Capital Projects Fund 899.900 <br />Water Utility Fund 301,960 <br />Fleet Management Fund 331,270 <br />Conservation Trust — Land Fund 233.380 <br />Building Maintenance Fund 206,000 <br />Various 200.000 <br />Water Utility Fund 200,000 <br />Conservation Trust — Lottery Fund 159,120 <br />Capital Projects Fund 150,000 <br />(Continued) <br />14 <br />