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03-23-2022 Council Packet
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03-23-2022 Council Packet
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3/29/2022 1:25:51 PM
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<br /> <br />• Fine revenue is higher in 2021 when compared to 2020, since there was a decrease <br />in traffic stops at the beginning of the pandemic. <br />• Investment income is down due to the low interest rate environment that continued <br />to occur in 2021, and the mark to market adjustment in 2021. <br /> <br />General Fund Expenditures <br />As of December 31st, actual expenditures are at 95.77% of the budget. This is the lowest <br />percentage in the last five years. The lower percentage of expenditures to budget can largely be <br />attributed to savings in the public works department for salt purchase savings, and salary savings <br />from the Public Works Maintenance position that was vacant during the 1st half of 2021. The <br />position was kept vacant to not realize budget savings, but to evaluate the department structure. <br />The evaluation has been completed, and the department was fully staffed as of the beginning of <br />August. <br /> <br /> <br />
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