Master Proposed Book FY2023

Long-term Projections:

In fiscal year revenues jump do to the increases in the monthly user fee rate. Future revenues are projected to gradually increase as the account growth is expected to be 1% annually in fiscal year 2024 and later. Future expenditures were projected with the assumptions that personnel related expenditures would grow at a 3% rate annually and services and supplies would grow at a 2% rate annually. Fiscal year 2023 and 2024 budgeted expenditures include large, one-time capital outlays or transfers to the Capital Projects Fund; however, expenditures are projected to grow at a higher rate than revenues, the City will need to consider additional future rate increases for to help cover the cost of rising expenditures and purchases for refuse, recycling, and yard waste carts.

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