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<br />City Council
<br />Meeting Minutes
<br />November 1, 2005
<br />Page 4 of 8
<br />
<br />Expenditures - All Funds - Total expenditures for all funds in the 2006 budget are
<br />$33,549,234. Included in this amount is $19,079,146 for operating expenditures,
<br />$2,868,973 for payment of debt service, and $11,601,115 for capital
<br />improvements. Total uses of funds, including operating transfers out and
<br />interfund loan repayments are $35,434,513.
<br />
<br />Highlights of the 2006 Expenses are as follows:
<br />
<br />. Utilities - $5,294,147
<br />. Golf Course Operations - $$1,662,447
<br />. Land Management - $4,864,309
<br />. Recreation/Senior Center - $3,150,040
<br />. Public Works - $4,892,506
<br />. General Government - $3,639,508
<br />. Library - $1 ,054,282
<br />. Planning - $678,586
<br />. Police - $3,777,653
<br />. Debt Service - $2,868,973
<br />. Capital Projects - $1,666,783
<br />
<br />Balancing the Budget:
<br />
<br />Beginning Cash
<br />Plus: Revenue
<br />Less: Expenses
<br />Other Sources
<br />Ending Cash
<br />
<br />$18,324,879
<br />$26,730,822
<br />($33,549,234 )
<br />$ 2,350,000
<br />$13,856,468
<br />
<br />Mayor Sisk opened the public hearing and requested the Finance Director's
<br />presentation be part of the hearing. He requested public comment. There were
<br />no comments.
<br />
<br />COUNCIL COMMENTS
<br />
<br />Mayor Sisk requested clarification on why $15,000 was added to the General
<br />Fund revenues.
<br />
<br />Finance Director Leslie explained $15,000 was added into the General Fund
<br />revenues line item "Fines and Forfeitures" based upon the September 30, 2005
<br />year-to-date results and historical information.
<br />
<br />Mayor Sisk requested public comment and hearing none, closed the public
<br />hearing.
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