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SUBJECT: 2022 RECOMMENDED BUDGET <br />DATE: SEPTEMBER 14, 2021 PAGE 3 OF 7 <br />budgetary limitations and controls, the main operating departments/programs/funds <br />typically spend less than their total budget. For example, applying a 5% turnback <br />assumes that the fund will only spend 95% of its budget, allows the City to allocate a <br />greater amount of resources and still maintain a balanced budget. <br />The following table summarizes the actual turnback percentages for 2016-2020 and the <br />targeted turnback percentages for 2021-2026 for all the main operating funds. Staff has <br />slightly adjusted the operational turnback percentage targets (2021-2026) from what was <br />presented at the September 7 presentation. Increasing the turnback percentage targets <br />decreases the projected expenditures. <br />Summary o-Actual and Targeted Operational Turnback <br />Selected Operating Funds <br />Fund <br />Description <br />2016 <br />Actual <br />2017 <br />Actual <br />2018 <br />Actual <br />2019 <br />Actual <br />2020 <br />Actual <br />2021 2022 2023 2024 2025 2026 <br />Target Target Target Target Target Target <br />General <br />2.6% <br />9.0% <br />9.7% <br />10.4% <br />4.a% <br />5.5% <br />5.5%, <br />5.50G <br />4.5% <br />4.5% <br />4.5% <br />Open Space & Parks <br />5.5% <br />7.(r% <br />11.7% <br />8,9% <br />6.6% <br />8,0% <br />6-,0% <br />6.1Y% <br />5.0% <br />50% <br />5.0% <br />Recreation <br />WA <br />WA <br />WA <br />-2.1% <br />a.6% <br />5.0% <br />5.0% <br />5.0% <br />4.0% <br />4.0% <br />4.0% <br />'Hater Utility <br />16.1% <br />33.1% <br />21.4% <br />20.4% <br />4.2% <br />10.0% <br />10.0% <br />10.0% <br />7.0% <br />7.0% <br />7.0% <br />'Nastekvate r Utility <br />10.99G <br />7.6% <br />12.6% <br />15.4% <br />3,5% <br />7.0% <br />7.0% <br />7.0% <br />5.0% <br />5.0% <br />5.U% <br />Storm%vater Utility <br />11.a% <br />19.4% <br />21.4% <br />7.8% <br />11.0% <br />9.0% <br />9.0% <br />9.0% <br />6.0% <br />6.0% <br />6.0% <br />Golf Course <br />16.5% <br />4.a% <br />-16.3% <br />11.9% <br />0.0% <br />4.0% <br />4.0% <br />4.0% <br />10% <br />10% <br />3.O% <br />The updated fund forecasts for each of the affected funds are shown in the following <br />charts. <br />CITY COUNCIL COMMUNICATION <br />