WHEREAS - Watsonville California

Proposed Budget Plan in Summary
Table 1 below compares the General Fund’s financial position for
2009/2010 before and after considering this proposed budget plan.
Data is preliminary and
subject to change up
through June 23, 2009.
GENERAL FUND
PROPOSED BUDGET COMPARISON
FOR FISCAL YEAR 2009-10
Initial
Projection (1)
Proposed
Variance
Budget (2) Amount %
REVENUES
TAXES:
PROPERTY $ 5,132,000 $ 5,132,000 $ - -
SALES 5,653,000 5,516,000 (137,000) (2.4%)
SALES- Special 1/4-cent 1,274,000 1,169,000 (105,000) (8.2%)
UTILITY 3,114,000 3,114,000 - -
MOTOR VEHICLE 3,601,000 3,601,000 - -
OTHER 631,000 631,000 - -
Sub-total Taxes 19,405,000 19,163,000 (242,000) (1.2%)
FINES, FEES & CHARGES:
DEVELOPMENT 600,000 677,000 77,000 12.8%
PUBLIC SAFETY 1,986,000 2,328,000 342,000 17.2%
COMMUNITY SERVICES 542,000 582,000 40,000 7.4%
COST ALLOCATION CHARGE OUTS 1,731,000 2,358,000 627,000 36.2%
OTHER 2,939,000 2,893,000 (46,000) (1.6%)
Sub-total Fines, Fees & Charges 7,798,000 8,838,000 1,040,000 13.3%
USE OF MONEY & PROPERTY 1,118,000 873,000 (245,000) (21.9%)
OTHER REVENUES (162,000) 336,100 498,100 (307.5%)
FRANCHISE FEES 1,220,000 1,220,000 - -
TOTAL REVENUES $ 29,379,000 $ 30,430,100 $ 1,051,100 3.6%
EXPENDITURES
GENERAL GOVERNMENT $ 1,914,000 $ 1,707,000 $ (207,000) (10.8%)
COMMUNITY DEVELOPMENT 1,653,000 1,344,000 (309,000) (18.7%)
FINANCE 2,414,000 2,095,000 (319,000) (13.2%)
NON DEPARTMENTAL 141,000 141,000 - -
SOCIAL/COMMUNITY SERVICES 372,000 313,000 (59,000) (15.9%)
POLICE 15,082,000 13,960,000 (1,122,000) (7.4%)
FIRE 6,220,000 5,634,000 (586,000) (9.4%)
LIBRARY 543,000 542,000 (1,000) (0.2%)
PARKS AND COM. SERVICES 3,555,000 3,312,000 (243,000) (6.8%)
PUBLIC WORKS 4,784,400 3,803,000 (981,400) (20.5%)
Sub-total Operating Expenditures 36,678,400 32,851,000 (3,827,400) (10.4%)
CAPITAL IMPROVEMENT PROJECTS 336,000 336,000 - -
TOTAL EXPENDITURES 37,014,400 33,187,000 (3,827,400) (10.3%)
REVENUES OVER (UNDER) EXPENDITURES (7,635,400) (2,756,900) 4,878,500
OPERATING TRANSFERS IN 3,063,000 2,755,000 (308,000) (10.1%)
NET REVENUE (EXPENDITURES) $ (4,572,400) $ (1,900) $ 4,570,500
Percent of Variance compared to adopted budget -12.35%
(1) Based on data contained in the Feb 10, 2009 Mid-Year Report with significant updates (Property & Sales taxes)
(2) Amounts based on the various components that represent Staff's proposed budget plan for May 26, 2009
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Writer’s name 5/21/2009 10:16:05 AM
P:\budget 2009_11\master budget files 09_11\Marc's wip\SR-GFBudget-overview_2009-0526-F.docx