Comprehensive Annual Financial Report - St. Tammany Parish ...

2010 budget. This increase is the net effect of a 14.93% increase in the operating budget
and a 17.34% decrease in the capital budget. The operations of a large sewer and water
system purchased in March of 2010 made up the bulk of the increase in operating
expenditures as compared to the prior year. We have maintained control over personnel
and equipment costs and readjusted some funds in order to provide funding for district
roads in 2011 at the same level as in 2010. As we did last year with American Recovery
and Reinvestment Act (ARRA) funds, we will take advantage of funds coming from the
federal level, as well as funding from Louisiana Recovery Authority, Hazard Mitigation
and the State to continue to support the progress which was initiated in the aftermath of
Hurricane Katrina. We continue to streamline programs and services funded by parishgenerated
revenue while expanding programs and services that are funded primarily by
the federal and state government.
Requests for Information
This financial report is designed to provide a general overview of St. Tammany Parish’s
finances for those with an interest in the Parish’s finances. Questions concerning
information provided in this report or requests for additional financial information should
be addressed to St. Tammany Parish Government, Department of Finance, P.O. Box 628,
Covington, LA 70434.
26