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City Council Agenda and Packet 2010 10 12 SP 2011 BUDGET
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City Council Agenda and Packet 2010 10 12 SP 2011 BUDGET
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Last modified
3/11/2021 2:05:02 PM
Creation date
11/10/2010 8:14:22 AM
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Template:
City Council Records
Doc Type
City Council Packet
Signed Date
10/12/2010
Original Hardcopy Storage
6C3
Record Series Code
45.010
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CCAGPKT 2010 10 12 SP 2011 BUDGET
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16,000.000 <br />14,000,000 <br />12,000,000 <br />10, 000, 000 <br />8,000,000 <br />6,000,000 <br />4,000,000 <br />2,000,000 <br />Includes One -Tine Transfer <br />for Property Aquisiti <br />General Fund Forecast <br />lncludes One -Time �+ <br />Grants & Transfers <br />e ry � � O4 ry dt, rya h "4� <br />10 <br />- Revenue <br />- Expenditures <br />Fund Balance <br />- Hi n ir-ur. <br />15 <br />Forecast Assumptions <br />• Does not assume passage of Consumer Use Tax, Amendment 60, <br />Amendment 61, or Proposition 101 <br />• Does not include fiscal impacts of ConocoPhillips development <br />• Sales Tax Revenue. -2.5% in 2010, -1.0% in 2011, flat for 2012 <br />through 2013, average +1.5% for 2014 through 2015 <br />• Property Tax Revenue. +4.4% in 2010, -0.1% in 2011, average <br />+1.75% for 2012 through 2015 <br />• Water & Wastewater User Fees. +3.0% annual increase for years <br />2011 through 2015 <br />• Employee Compensation. +2.6% annual average from 2010 through <br />2015 <br />• Employee Benefits +5.9% annual average from 2010 through 2015 <br />16 <br />8 <br />
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