Laserfiche WebLink
General Fund Revenue Sources (excluding interfund transfers) <br />Total General Fund expenditures for 2009, excluding interfund transfers, are projected to <br />increase by $263,000, or 2.0%, from 2008. General Fund expenditures for 2010, excluding <br />interfund transfers and assuming a 3% “turnback”, are budgeted to decline by $475,000, or <br />3.5%, when compared to 2009 estimates. <br />General Fund Expenditure Uses <br />Long-Term General Fund Forecast <br />As in past years, in 2010 we will continue the policy of maintaining a General Fund reserve of at <br />least 15% of current year expenditures. Thanks to this policy, we were able to draw on the <br />General Fund reserve in 2009 by an estimated $500,000. Instead of being forced to make <br />abrupt changes immediately, this allowed us to thoughtfully consider numerous alternatives to <br />reduce expenditures and increase fees to bring the expenditures back in line with revenues. <br />The adopted budget maintains the General Fund ending fund balance for 2010 at roughly $4.2 <br />million, or approximately 31% of budgeted expenditures (including the 3% turnback). <br />ë <br />