FINAL ADOPTED BUDGET FY2022-23

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 2020-21

Budget 2021-22

Adopted 2022-23

Projected

2023-24

Expenditures by Program Employee Health Insurance General Insurance Fund

58,506,855 7,902,997

51,871,321 2,321,735

56,862,969 4,799,525

58,546,822 6,328,692

Total

66,409,852

54,193,056

61,662,494

64,875,514

Actual 2020-21

Budget 2021-22

Adopted 2022-23

Projected 2023-24

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 2020-21

Budget 2021-22

Adopted 2022-23

Projected 2023-24

Expenditures by Type Personnel Costs Maintenance & Operations

912,920 65,496,932 66,409,852 2,848,763 53,781,331 9,779,758 66,409,852

858,195 53,334,861 54,193,056 1,872,353 51,103,658 4,213,716 57,189,727

892,576 60,769,918 61,662,494 2,882,308 52,686,189 6,093,997 61,662,494

923,225 63,952,289 64,875,514 2,848,763 54,465,045 7,561,706 64,875,514

Total

Revenues by Type User Charges Other Revenues Appropriated Fund Balance

Total

Budget Highlights: The FY 22-23 Adopted Budget is increasing by $4,747,358, or 7.7%.

Adopted 2022-23 Budget

89