FY2014 Recommended Budget - City of Surprise

PROJECTION
FY2013
Adopted
FY2013
Estimated
City Manager’s
FY2014
BBeginning i i Fund F d Balance B l $ 00.5 5 $ $ 44.7 7 $ 13 13.7 7
Total Revenues $ 82.9 $ 84.5 $ 88.2
Expenses: p
Service/Program Expenses $ 69.8 $ 71.4 $ 74.9
Transfer to General CIP Fund 1.7 0.0 0.0
2003 MPC Debt Service 15 1.5 15 1.5 15 1.5
Interfund Loan Interest 0.0 0.0 0.0
DA Reimbursements 2.4 2.6 2.6
ED Contingency 1.1 0.0 1.1
Targeted Savings (1.0) 0.0 0.0
Total Expenses $ 75.7 $ 75.5 $ 80.1
Annual Surplus 7.3 8.9 8.1
Interfund Loans $ 2.3 $ 0.0 $ 0.0
Ending Fund Balance $ 5.5 $ 13.7 $ 21.8
Reserve per Policy $ 12.5 $ 11.6 $ 12.5
40