Wednesday, June 24, 2009

Blogging the Budget

These numbers are painful looking. From page 17 of the budget, the city expects $25 million in revenues coming into the governmental funds, and $32.6 million going out in fiscal '09-10. Proprietary funds (waterworks, parking, etc) anticipate revenues of $1.2 million and expenditures of $18 million, leaving a shortage of a hair over $7 million. There are some other financing sources for both and depreciation and pre-paid bond expenses to apply to the proprietary funds, but the net result is that the governmeal funds wind up $854824 short for this fiscal year and the propiretary funds are short $583,107.

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