Laserfiche WebLink
POSITIVE CHANGES <br />• Established a culture of innovation and efficiency and <br />stipulated a 1% "Innovation 85 Efficiency" saving across the <br />board <br />- Equates to approximately $1.4M annual General Fund savings <br />• Added a total of approximately $20M to our General Fund <br />budget since FY 13-14 <br />• Achieve a combined total of approximately $25M in surplus <br />over the last two fiscal years. This year's surplus estimated to <br />be at least $1 OM <br />• Result: <br />B <br />GENERAL FUND REVISED FORECAST <br />�-,bivary ;4U14 <br />+-Revenues +Expendltures <br />sus <br />5vo <br />® Sus <br />p SSm <br />j Sass <br />E <br />9 Stw <br />Vuz <br />Sm� <br />Sus <br />* Cuaent Projected Year -End Revenue-FY 14/15 9 <br />FY 13-14 SURPLUS ALLOCATION <br />VARIANCE <br />ACYUALS <br />Total Revenues $ 205,741,000 $ 211,499,355 <br />Total Expenditures $ 205,741,000 $ 197,715,980 s s 5 <br />Final surplus amount: $13,783,375. <br />Highlights: <br />1) Achieved the 2D%Genmol Fund Reserve Level or$10.5M <br />2) Assigned to poulecf,41.960.000: <br />ai General Plan (including 20-yr v6sion Plan & Zoning Ordinance)-$750.000 <br />b) Community Development Block Grant (General Fund Assistance)4340.000 <br />c) I.T. Assessment & Relocation4320.000 <br />d) Council Chambers & 8'h Floor Improvements4300,000 <br />e) Economic Development Plan4250,000 <br />la <br />CITY COUNCIL MINUTES 9 AUGUST 18, 2015 <br />