HomeMy WebLinkAboutAppendix O - FY 2021 General Fund Expenditure Breakdown FY2022 General Fund Expenditure Breakdown
Budget BudgetFY2021FY202 $ Change % ChangeGeneral Fund Operating Budget Items: Salaries - Town (includes allowance for collective bargaining)20,971,615$ 21,041,216$ 69,601$ 0.3%
Town Expense increase Requests- Salaries - 604,041 604,041 na Salaries - School (includes allowance for collective bargaining)25,985,636 26,840,332 854,696 3.3% School Expense increase Requests- Salaries - 500,000 500,000 na Transfers to community school 550,000 550,000 Subtotal Salaries 47,507,251$ 49,535,589$ 2,028,338$ 4.3%
Operating Expenses, Town:6,871,808 7,269,344 397,536 5.8% +Town Expense Increase Requests-Operating 255,000 1,361,801 1,106,801 434.0% Operating Override - 2011 Mosquito Control 168,501 172,714 4,213 2.5% Operating Expenses, School 5,151,006 5,386,655 235,649 4.6% +School Expense Increase Requests-Operating 160,000 150,000 (10,000) (6.3%)
Transfers to community school - na Subtotal Expense 12,606,315$ 14,340,514$ 1,734,199$ 13.8%
Group Medical Insurance- Active Employees 10,031,908 10,528,643 496,735 5.0%
Group Medical Insurance- Retired Employees 3,343,969 3,792,592 448,623 13.4%
General Insurance (all other insurance)2,625,507 3,108,306 482,799 18.4%
Subtotal Insurance 16,001,384$ 17,429,541$ 1,428,157$ 8.9%
Debt Service 9,310,589$ 10,008,430$ 697,841$ 7.5%
Retirement 5,203,970$ 5,646,307$ 442,337$ 8.5%
Total General Fund Operating Budget Items 90,629,509$ 96,960,381$ 6,330,872$ 7.0%
Other Articles Unpaid Bills 33,052 20,000 (13,052) (39.5%) Reserve Fund 500,000 500,000 - - Health and Human Services 650,000 650,000 - -
County Assessment 170,201 174,455 4,254 2.5% Other Post Employment Benefits (OPEB / GASB45) - 500,000 500,000 na Affordable Housing Trust Fund - - naCapital- naGeneral Fund budgeted from revenue (Town Bylaw 11-12.1)- na
Town Capital (Non-Recurring)1,003,750 974,146 (29,604) (2.9%) School Capital (Non-Recurring)- - - naEnterprise Fund Transfers - na Transfer to Enterprise Fund (Our Island Home - Beginning FY2011)3,500,000 3,500,000 - - Add: Additional Subsidy from Free Cash (Our Island Home)- na
Transfer to Enterprise Fund (SWEF Operating Overrides 1999/2006)3,654,133 3,745,466 91,333 2.5% Add: Additional General Fund Subsidy to SWEF 2012-Forward 2,690,271 2,757,529 67,258 2.5%
Total Other Article Appropriations 12,201,407$ 12,821,596$ 620,189$ 5.1%
Other Statutory Expenditures Overlay and other deficits - - - na Cherry Sheet Offsets and Charges 1,002,462 984,563 (17,899) (1.8%)
Total Appropriations and Other Statutory Expenditures 103,833,378$ 110,766,540$ 6,933,162$ 6.7%