Summary of 2014-15 Taylor budget changes

City of TaylorSummary of Changes between April 1st and April 28th Submitted Budgets

April 1, 2014 April 28, 2014Submitted Submitted Increase/(Decrease) Notes

Changes related to Fiscal Year 2013-14 Column:

101 General Fund Expenditures:

Motor Vehicle Pool 720,700$ 740,700$ 20,000$ Increase to repairs and maintenance account for winter and age of vehicles.Ordinance 374,700$ 274,700$ (100,000)$ Decrease due to moving $100k for demos to 14/15 fiscal yearCustomer Assistance Center 426,500$ 446,500$ 20,000$ Increase for software upfront expense.

Net Increase/(Decrease) General Fund Expenditures (60,000)$

243 Brownfield Fund Revenues:

Tax Levy-Revenue 332,050$ 386,312$ 54,262$ Increase based on change in tax capture assumption (approved by board).Net Increase/(Decrease) Brownfield Fund Revenues 54,262$

243 Brownfield Fund Expenditures:Capital Outlay 131,550$ 134,350$ 2,800$ Increase based on change in tax capture assumption (approved by board).Net Increase/(Decrease) Brownfield Fund Expenditures 2,800$

267 DARE/GREAT Fund Revenues:

DARE/GREAT Revenue 2,035$ 12,035$ 10,000$ Increase due to community watch program (recognizing deferred revenue).Net Increase/(Decrease) DARE/GREAT Fund Revenues 10,000$

267 DARE/GREAT Fund Expenditures:

Misc-DARE/GREAT Expenses 2,100$ 12,100$ 10,000$ Increase due to community watch program.Net Increase/(Decrease) DARE/GREAT Fund Expenditures 10,000$

Changes related to Fiscal Year 2014-15 Column:

101 General Fund Expenditures:

23rd District Court 1,764,705$ 1,779,705$ 15,000$ Increase due to adding money back for additional magistrate duty. Ordinance 269,300$ 369,300$ 100,000$ Increase due to moving $100k for demos from 13/14 fiscal yearNet Increase/(Decrease) General Fund Expenditures 115,000$

205 Public Safety Tax Levy Fund Revenues:

Taxes - Police and Fire Pension 8,289,000$ 8,394,465$ 105,465$ Increase based on actual pension contribution amount received after April 1Net Increase/(Decrease) Public Safety Retire Fund Revenues 105,465$

205 Public Safety Tax Levy Fund Expenditures:Police Pension Contribution 2,859,000$ 2,916,000$ 57,000$ Increase based on actual pension contribution amount received after April 1Fire Pension Contribution 2,445,000$ 2,493,465$ 48,465$ Increase based on actual pension contribution amount received after April 1Net Increase/(Decrease) Public Safety Retire Fund Expenditures 105,465$

243 Brownfield Fund Revenues:

Tax Levy-Revenue 415,024$ 345,486$ (69,538)$ Decrease based on change in tax capture assumption (approved by board).Net Increase/(Decrease) Brownfield Fund Revenues (69,538)$

243 Brownfield Fund Expenditures:Capital Outlay 136,759$ 135,184$ (1,575)$ Decrease based on change in tax capture assumption (approved by board).Net Increase/(Decrease) Brownfield Fund Expenditures (1,575)$