2011 budget summary - St. Louis County

INTRODUCTIONST. LOUIS COUNTY, MISSOURICOMBINED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE2009SPECIAL DEBT SPIRIT OF ST. PUBLIC MASS HIGHWAYGENERAL REVENUE SERVICE LOUIS AIRPORT TRANSIT CAPITALFUNDS FUNDS FUND FUND FUND FUNDS TOTALBeginning Balance^ $ 83,299,988 $ 39,236,908 $ 29,284,329 $ 12,149,692 $ ‐ $ 34,322,762 $ 198,293,679RevenuesProperty Taxes $ 104,750,339 $ ‐ $ 10,423,798 $ ‐ $ ‐ $ ‐ $ 115,174,137Sales Taxes 45,005,743 106,384,435 ‐ ‐ 37,155,796 ‐ 188,545,974Utility Gross Receipts Tax 33,495,198 ‐ ‐ ‐ ‐ ‐ 33,495,198Licenses & Permits 11,952,521 ‐ ‐ ‐ ‐ ‐ 11,952,521Assessment & Collection Fees 22,471,564 9,025,865 ‐ ‐ ‐ ‐ 31,497,429Fines & Forfeitures 3,997,617 1,824 ‐ ‐ ‐ ‐ 3,999,441Investment Earnings 1,019,236 525,889 194,543 152,389 2,135 441,129 2,335,321Rents & Concessions 2,912,383 ‐ ‐ 1,884,321 ‐ 5,400 4,802,104Intergovernmental 16,135,804 1,585,420 ‐ (7,540) ‐ 13,487,813 31,201,497Charges for Services 39,684,902 415,213 ‐ ‐ ‐ ‐ 40,100,114Fees 5,564,175 7,613,604 ‐ ‐ ‐ ‐ 13,177,779Other Revenue 14,210,558 34 51,631 14,834,158 ‐ 7,664,733 36,761,114Total Revenues $ 301,200,041 $ 125,552,285 $ 10,669,972 $ 16,863,327 $ 37,157,931 $ 21,599,075 $ 513,042,630ExpendituresSalaries & Wages $ 175,153,987 $ 6,692,325 $ ‐ $ 860,008 $ ‐ $ ‐ $ 182,706,320Payroll Fringes 63,943,342 2,567,337 ‐ 310,132 ‐ ‐ 66,820,811Purchased Services 53,373,667 12,250,318 ‐ 882,304 ‐ 17,527,412 84,033,701Commodities & Supplies 25,334,683 265,655 ‐ 11,074,805 ‐ ‐ 36,675,143Personal Allowances 2,960,954 209,633 ‐ 3,819 ‐ ‐ 3,174,406Other Expenses 4,576,000 86,417 20,887,136 1,862,210 ‐ 55,000 27,466,763Transfer Payments 16,715,410 10,534,334 ‐ 607,945 36,832,434 570,000 65,260,123Capital Outlays 6,986,409 59,625 ‐ 127,119 ‐ 283,809 7,456,962Expend Trsf/Reimb (14,961,031) (60,000) ‐ ‐ ‐ ‐ (15,021,031)Total Expenditures $ 334,083,421 $ 32,605,644 $ 20,887,136 $ 15,728,341 $ 36,832,434 $ 18,436,221 $ 458,573,197Transfers In/(Out) $ 20,872,950 $ (39,397,997) $ ‐ $ ‐ $ ‐ $ 18,525,047 $‐Adjustments* 3,755,530 (34,907,497) ‐ ‐ (325,497) (6,497,826) $ (37,975,290)Ending Balance $ 75,045,088 $ 57,878,054 $ 19,067,165 $ 13,284,679 $ ‐ $ 49,512,836 $ 214,787,821^Beginning Balance reflects the Budget Basis, which is lower than the fund balance reported in the Comprehensive Annual Financial Report for the year becauseit is reduced by the amount of reserve for encumbrances and by an amount reserved for potential payout of sick/vacation time for future retirees.*Adjustments are made for comparison purposes and include but are not limited to: closed encumbrances; changes in compensated absences; accountingadjustments; the annual contract with Metro; and prior year projects rebudgeted in 2009.- 30 -