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SUBJECT: REVENUE ASSUMPTIONS & EXPENDITURE TARGETS <br />DATE: JULY 23, 2021 <br />PAGE4OF5 <br />The next table contains a summary of the more significant 2021 expenditure estimates, <br />2022 requested budgets, and expenditure targets for 2023-2026. The term targets is <br />used for expenditures, rather than the term assumptions, to denote that, in most cases, <br />the City has much more control over its expenditure amounts than its revenue receipts. <br />Summary of Expenditure Actual% Estimates, and Targets for Major Expenditure Categories <br />Year -Over -Year Percent of Change <br />2018-2026 <br />Percent of Change <br />E x p e n cl i :u re C a _e g o ry 2018 2019 2020 2021 2022 2023 2024 2025 2026 <br />Salaries & Wages: <br />Regular Wages <br />Variable & Seasonal Wages <br />Overtime <br />Employee Benefits: <br />Employee Insurance <br />FICA Expense <br />Retirement Contribution <br />7ldorkers Compensation <br />All Employee Compensation <br />Supplies: <br />Chemicals <br />Vehicle Maintenance Supplies <br />Street Supplies <br />Uniforms & Clothing <br />Library, Books & Media <br />All Supplies <br />PurchasediContracted Services: <br />Professional Services <br />Utilities <br />Solid lAJaste Hauling <br />Parts. Repairs, & Maintenance <br />Legal Services <br />Insurance Premiums & Deductibles. <br />Boulder Dispatch Services <br />All PurchasediCantrarted Seruines <br />3.0% 10.2% 2.2% 6.8% 9.9% 3.5% 3.5% 3.5% 3.5% <br />6.O% 22.95% -32.9% 87.6% 6.9% 3.4% 3.4% 3.4% 3.4% <br />21.8% 2.7% 2.0% -B.6% -0.1% 2.E•% 2.E•% 2.5% 2.5% <br />- 1.6% 8.6% 3.2% 14.3% 9.5% 7.5% <br />4.4% 11.1% -2.8% 8.5% 10.8% 10.7% <br />1.1% 10.0% 2.0% 6.4% 9.5% 1.2% <br />- 0.7% 12.7% 11.1% -13.8°% 21.0% 0.0% <br />7.5°% 7.5°% 7.5°% <br />3.5% 3.5% 3.5% <br />3.5% 3.5% 3.5% <br />0.0% 0.0°% 0.0% <br />3.1% 11.1% -1.1% 12.0% 9.4% 4.2% 3.9% 3.9% 3.9% <br />- 7.9% 41.7% -4.9% 14.5% 0.7% 2.5% <br />33.2% -4.7% -9.5% 6.3% -1.1% 2.5% <br />17.7% -13.O% 1.1% 5.5% -2.9% 3.5% <br />- 1.2% -3.O% 9.3% -2.4% -0.5% 2.5% <br />5.5% 3.9% -22.5% -5.2% 41.5% 2.0% <br />2.5% <br />2.5% <br />2.7% <br />2.0% <br />2.5% <br />2.5% <br />3.5% <br />3.4% <br />2.0% <br />2.5% <br />2.5% <br />3.5% <br />3.4% <br />2.0% <br />5.7% 14.3% -4.2% 2.9% -2.2% 2.8% 2.8% 2.8% 2.8% <br />- 2.4% 11.1% <br />19.6% 3.3°% <br />2.2% 1.2% <br />65.5% 6.3% <br />-20.2% 41.7% <br />2.2% 28.1 % <br />1.9% 4.8% <br />-4.9% <br />6.9% <br />- 7.0 % <br />-18.2% <br />- 0.5% <br />34.3% <br />1.5% <br />31.1 % -10.3% -5.8% 5.8% <br />0.9% -0.7% 3.5% 3.5% <br />1.8% 0.0% 4.1% 1.5% <br />42.6% -25.3% -9.8% 10..2% <br />5.5% 0.0% 3.0% 3.0% <br />12.6% 9.2% 7.5% 7.5% <br />11.4% 1.5% 2.0% 2.4% <br />3.9% 5.7°% <br />3.5% 3.5°% <br />1.5% 1.5% <br />-5.2% 10.3°% <br />3.0% 3.0% <br />7.5% 7.5% <br />2.4% 2.4% <br />14.0% -5.0% 8.7% 11.E% -8.7% -0.9% 4.6% 2.6% 4.6% <br />CITY COUNCIL COMMUNICATION <br />