2018-2022 Financial Plan

FINANCIAL PLAN SUMMARY – REVENUES & EXPENDITURES

$ in thousands

Actual

Budget

Budget

Budget

Budget

Budget

Budget

Revenues

2017

2017

2018

2019

2020

2021

2022

Property Taxes

81,729

81,625

86,034

90,642

95,508 100,649 106,079

User Fees and Other Revenue

43,163

42,840

42,075

43,732

45,350

47,055

48,853

Senior Government Transfers

3,435

7,232

6,505

3,904

4,324

4,535

3,896

Development Revenue

8,155

40,057

6,347

11,364

9,517

6,801

4,821

Interest Income

3,183

1,898

1,883

1,898

1,913

1,928

1,943

Contributed Assets

16,726

20,000

20,000

20,000

20,000

20,000

20,000

Property Sales

—

—

1,583

1,500

2,500

—

—

156,390

193,651

164,426

173,039

179,113

180,968

185,592

Expenses Protective Services

38,065

40,621

40,636

41,798

43,027

44,440

45,581

Transportation Services

19,511

21,090

10,837

10,842

10,948

10,919

11,027

Recreation and Culture

19,785

21,237

23,378

25,186

25,553

25,914

26,343

Water Utility

13,305

14,561

14,572

15,099

15,781

16,452

17,213

Sewer Utility

10,761

10,965

11,908

12,649

13,278

13,906

14,273

General Government

15,106

17,876

14,835

15,207

15,760

16,324

17,014

Planning, Other

5,818 13,460 122,353 132,966 128,386 133,237 137,123 141,070 144,911 6,617 12,220 12,455 12,776 13,115

Annual Surplus

34,038

60,685

36,040

39,802

41,989

39,898

40,681

Other Items Borrowing Proceeds Amortization Funded by Capital Equity Capital, Principal & Other Contributed Assets Transfers To (From) Reserves and Surplus

—

13,046

27,500

19,000

—

—

—

20,585

19,780

19,780

19,780

19,780

19,780

19,780

-21,821 -108,880

-66,630

-55,818

-30,040

-30,169

-24,819

-16,726

-20,000

-20,000

-20,000

-20,000

-20,000

-20,000

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