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11A Public Hearing
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Packet 03142022
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11A Public Hearing
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4/1/2022 10:01:51 AM
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5 <br />General Fund -Highlights <br />Revenues Expenditures <br />•Expenditures are expected to be lower than budgeted due to: <br />o Vacancy savings <br />o Reduction in Recreation and Human Services program expenditures <br />o Reclassification of expenditures to the American Rescue Plan Act (ARPA) Fund <br />•Proposed funding strategies/contributions: <br />o Pay down pension liability and achieve savings <br />o Support capital projects and parking program <br />•Sales Tax and Property Transfer Tax <br />are trending higher than anticipated <br />•Utility Users Tax and Cannabis Tax are <br />projected to be higher than <br />anticipated <br />•Recreation revenues are lower than <br />budgeted as a result of less <br />programming
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