Master Proposed Book FY2023

Long-term Projections:

Future revenues are projected out at a flat rate, assuming no rate increases or account growth. Transfers in will decrease slightly starting in fiscal year 2025 as the Parking Fund pays off their 2009F Revenue Bond Interfund Loan. 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. Additionally, the larger year over year changes result from Transfers Out related to Capital Projects. Fiscal year 2023 has a large $5,175,000 Capital Projects Fund transfer out which includes funding for a new landfill cell projected and causes the fund expenditures to spike in that year.

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