2018-2019 Adopted Budget

GENERAL FUND

Library and for the Greensboro Science Center Garden Building roof replacement.

Expenditures by Service Area The chart below shows a service area comparison of General Fund expenditures for FY 16-17 actual expenditures, the FY 17-18 amended budget, the FY 18-19 adopted budget and the FY 19-20 projected budget. The FY 18-19 adopted budget of $291,761,451 is $4.9 million, or 1.7%, higher than the amended FY 17-18 budget. The Public Safety service area, which includes Police, Fire and the General Fund support for the Guilford Metro 911 Fund, is the largest service area in the General Fund. The total service area budget is $136.5 million, which is about 47% of the total General Fund. The adopted budget is about $3.2 million, or 2.4%, higher than the current year budget. The budgeted contribution to the Debt Service Fund will increase from $25.9 million to $26.0 million. This increase is necessary to support principal and interest payments related to further borrowing of funds approved by the voters in 2008, 2009 and 2016. The Infrastructure service area, which includes Field Operations, Transportation, Engineering and Inspections, Planning, and contributions to Solid Waste Management and the Coliseum Funds, is the second largest service area at $76.2 million. The budget increases by $2.8 million, or 3.9%. The Economic Development and Business Support (EDBS) Office has been relocated to the Planning Department. This transfer moves about $700,000 from the General Government service area to Infrastructure.

The General Fund transfer to the Coliseum Fund is $2.90 million, the same as the current year. The General Fund will contribute $190,000 to the Performing Arts Center Fund to support the hiring of five positions during FY 18-19. Two positions were previously approved; three additional positions are included in this budget. The Community Services service area budget, which includes the Library, Neighborhood Development and Parks and Recreation Departments, increases slightly from $29.9 million to $30.3 million. The General Government service area budget is $22.8 million, about $1.6 million below the current year budget of $24.3 million. Several capital reserve projects, totaling $1.27 million, were included in the current year budget. There are no capital reserve projects included in the adopted FY 18-19 budget. projects approved by citizens in November 2017. For budgeting purposes, approximately $330,000 is included in this service area to fund planned increases in the minimum wage for both benefitted and roster employees. Actual expenditures will be distributed throughout the General Fund. The FY 19-20 projected budget is $6.9 million, or 2.4%, higher than the adopted FY 18-19 budget. The contribution to the Debt Service Fund will increase from $26.0 million to $26.4 million. The adopted budget includes $500,000 to implement Participatory Budgeting

The adopted budget includes funding to replace and upgrade the HVAC system at the Central

General Fund Expenditures by Service Area

2016-17

2017-18 Budget

2018-19 Adopted

2019-20 Projected

Service Area

Actual

Community Services

28,172,088

29,941,597

30,319,820

30,455,581

General Government

22,984,492

24,339,788

22,783,551

23,334,432

Infrastructure

69,592,611

73,307,034

76,166,209

78,560,208

Public Safety

127,186,262

133,303,543

136,486,261

139,953,843

Debt Service

21,238,110

25,920,000

26,005,610

26,361,000

Total

269,173,561

286,811,962

291,761,451

298,665,064

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