FINAL ADOPTED BUDGET 2020-2021

RISK RETENTION FUNDS Employee Health Insurance: This fund was established for employee dental, health, and workers’ compensation coverage. The employee’s premiums and the City’s contribution are deposited in this fund. Payments for health coverage are made for the payment of claims and administrative expenses. General Insurance Fund: This fund was established to accumulate claim reserves and to pay claims and administrative fees for general liability, vehicle liability, and public official and law enforcement liability.

Actual 2018-19

Budget 2019-20

Adopted 2020-21

Projected

2021-22

Expenditures by Program Employee Health Insurance General Insurance Fund

53,878,415 4,827,680

50,443,691 2,813,554

53,274,121 5,046,597

56,477,099 4,828,380

Total

58,706,095

53,257,245

58,320,718

61,305,479

Actual 2018-19

Budget 2019-20

Adopted 2020-21

Projected 2021-22

Full-time Equivalents by Program Employee Health Insurance General Insurance Fund

7.20 0.20

7.20 0.20

7.20 0.20

7.20 0.20

Total

7.40

7.40

7.40

7.40

Actual 2018-19

Budget 2019-20

Adopted 2020-21

Projected 2021-22

Expenditures by Type Personnel Costs Maintenance & Operations

853,973 57,852,122 58,706,095 2,917,450 51,719,345 4,069,300 58,706,095

746,91 4 52,510,331 53,257,24 5 2,392,079 51,463,716 3,047,974 56,903,769

808,983 57,511,735 58,320,718 2,309,951 53,740,990 2,269,777 58,320,718

877,930 60,427,549 61,305,479 3,255,315 54,790,041 3,260,123 61,305,479

Total

Revenues by Type User Charges Other Revenues Appropriated Fund Balance

Total

Budget Highlights: The FY 20-21 Adopted Budget is increasing by $385,377, or 0.7%.

Adopted 2020-21 Budget

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