12
(1) Advances arenot required tobebudgeted.
TheCity’spractice is tomaintainayear-endGeneral Fundbalanceequal toor greater than50percent of theGeneral Fundexpenditures, including
operating transfers. This enablesDublin tobeflexibleand reprioritizeprojects asnecessary. The level of theGeneral Fund reserve is lookedupon
extremely favorablyby the ratingagencies andhasbeenhighlightedbybothMoody’s Investors ServiceandFitchRatings as a rationale for the
City’sAaa/AAAbond rating, thehighest ratingavailable frombothagencies. These ratings reflect thecooperativeeffortsof privatecitizens, civic
leaders, government officials andbusiness representatives.
General FundExpendituresbyProgram
Revised
Actual
Variance
Percent
Budget
Expenditures
fromBudget
ofTotal
Expenditures:
Officeof CityManager
$811,370
$773,114
$(38,256)
2%
HumanResources
1,707,106
1,518,674
188,432
4%
CommunityRelations
1,584,007
1,362,058
221,949
3%
Legal Services
1,769,766
1,551,953
217,813
4%
Fiscal Administration
571,210
482,579
88,631
1%
AccountingandAuditing
647,865
583,303
64,562
1%
Taxation
653,242
627,925
25,317
2%
Procurement
237,965
206,097
31,868
1%
SolidWasteManagement
4,068,543
3,573,400
495,143
9%
FleetMaintenance
3,042,698
2,753,860
288,838
7%
Engineering
3,021,208
2,912,316
108,892
7%
BuildingStandards
1,473,284
1,276,689
196,595
3%
LandUse&Long-RangePlanning
2,283,824
1,819,488
464,336
5%
CityCouncil
$528,613
473,534
55,079
1%
Parks&OpenSpace
7,406,665
6,672,444
734,221
17%
EconomicDevelopment
6,481,654
5,403,500
1,078,154
14%
AdministrativeServices
$254,093
246,752
7,341
1%
InformationTechnology
3,352,948
2,789,908
563,040
7%
Court Services
439,155
339,302
99,853
1%
RecordsManagement
177,126
150,893
26,233
<1%
Facilities
2,450,539
2,201,262
249,277
6%
Volunteer Resources
195,161
187,329
7,832
<1%
Street Lighting
413,930
258,121
155,809
1%
HealthServices
292,500
279,087
13,413
1%
Miscellaneous
821,740
722,621
99,119
2%
Total Expenditures
44,686,212
39,166,209
5,520,003
100%
OtherUses:
Refunds
2,734,020
2,578,365
155,655
Transfers
15,100,000
14,710,000
390,000
Advances (1)
-
11,372,250
(11,372,250)
TotalOtherUses
17,834,020
28,660,615
(10,826,595)
Total Expenditures andOtherUses
62,520,232
67,826,824
(5,306,592)
ENDINGBALANCE
(includingadvances)
$59,916,020
$66,452,151
$6,536,131
