TheCity’spractice is tomaintain
ayear-endGeneral Fundbalance
equal toor greater than50percent
of theGeneral Fundexpenditures,
includingoperating transfers. This
enablesDublin tobe exibleand
reprioritizeprojects asnecessary.
The level of theGeneral Fund
reserve is lookeduponextremely
favorablyby the ratingagencies
andhasbeenhighlightedbyboth
Moody’s Investors ServiceandFitch
Ratings as a rationale for theCity’s
Aaa/AAAbond rating, thehighest
ratingavailable frombothagencies.
These ratings re ect thecooperative
e ortsof privatecitizens, civic
leaders, government o cials and
business representatives.
(1)Advancesarenot required tobebudgeted.
(2)Advanceswill be repaidover aperiodof years, as servicepayments fromTax Increment FinancingDistrictsare receivedanddebt is issued for landacquired for economicdevelopmentpurposes.
22
Revised
Actual
Variance
Percent
Budget
Expenditures
fromBudget
ofTotal
Expenditures:
O ceof CityManager
978,976
833,916
145,060
2.1%
HumanResources
1,802,425
1,595,422
207,003
4.0%
CommunityRelations
1,525,228
1,366,062
159,166
3.4%
Legal Services
1,916,139
1,577,062
339,077
4.0%
Fiscal Administration
1,261,645
1,129,183
132,462
2.8%
AccountingandAuditing
2,607
2,564
43
0.0%
Taxation
654,806
612,497
42,309
1.5%
Procurement
201,306
128,589
72,717
0.3%
SolidWasteManagement
4,092,346
3,347,911
744,435
8.4%
PublicService
305,430
283,473
21,957
0.7%
FleetMaintenance
3,489,790
3,265,359
224,431
8.2%
Engineering
2,860,142
2,768,317
91,825
7.0%
BuildingStandards
1,511,297
1,412,275
99,022
3.6%
Planning
2,243,962
1,718,166
525,796
4.3%
CityCouncil
511,308
437,348
73,960
1.1%
Parks&OpenSpace
7,869,303
6,857,315
1,011,988
17.3%
EconomicDevelopment
6,328,125
4,861,216
1,466,909
12.3%
AdministrativeServices
271
0
271
0.0%
InformationTechnology
3,860,028
3,021,667
838,361
7.6%
Court Services
422,349
342,985
79,364
0.9%
RecordsManagement
168,260
129,791
38,469
0.3%
Facilities
2,460,292
2,180,275
280,017
5.5%
Volunteer Resources
213,367
194,931
18,436
0.5%
Street Lighting
420,020
343,994
76,026
0.9%
HealthServices
303,400
300,948
2,452
0.8%
Miscellaneous
1,021,892
929,494
92,398
1.9%
Total Expenditures
46,424,714
39,640,760
6,783,954
100.0%
OtherUses:
Refunds
2,571,775
2,571,766
9
Transfers
15,850,000
14,330,000
1,520,000
Advances (1)
-
14,355,000
(14,355,000)
TotalOtherUses
18,421,775
31,256,766
(12,834,991)
Total Expenditures andOtherUses
64,846,489
70,897,526
(6,051,037)
ENDINGBALANCE (includingadvances)
$74,166,371
$82,700,399
$8,534,028
General FundExpendituresbyProgram
