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LEA HILL ANNEXATION FINANCIAL SUMMARY
GENERAL FUND
2005 Estimated Operating Revenues:
Property Tax: 1,633,862
Sales Tax: 205,360
Utility Taxes: 579,218
Business Licenses & Building Permits: 76,500
State Shared Revenue: 193,013
Basic Life Support: 74,200
Traffic Infractions: 114,017
Motor Vehicle Fuel Tax: 48,836
Total Estimated Operating Revenue 2,925,006
2005 Estimated Operating Expenditures:
General Fund: Additional FTE's
Administrative: 2.0 117,078
Legal/Court: 4.0 305,600
Planning: 2.0 156,000
Police: 8.0 872,340
Fire: 14.0 1,605,350
Parks: 3.0 281,724
Engineering: 1.0 85,371
Street: 3.0 190,644
Total Estimated Salary/Benefits: 3,614,107
37.0
Total increase in FTE's:
ONGOING OPERATING SHORTFALL: (689,101)
Other costs including ongoing capital: (460,050)
TOTAL GENERAL FUND SHORTFALL: (1,149,151)
Revenue and Salary costs have been updated for 2005. Capital costs have not.
Prepared by the City of Auburn Finance Department:
CAPITAL OVERVIEW:
Capital Revenue:
500,000
REET:
Capital Expenses:
Additional FTE's
Storm: 1.0 (57,359)
Storm: (6,617,000)
Parks: (6,000,875)
Street: (26,901,800)
TOTAL CAPITAL EXPENSES: (39,577,034)
TOTAL CAPITAL SHORTFALL: (39,077,034)
Prepared by the City of Auburn Finance Department: