Overall it looks like we are in good shape as it relates to revenues. I hope we do not see a backlash yet from the economic downturn. It would greatly help if the budget was more transparent and easier for residents to understand. While I understand why it is needed, the continual movement of funds between accounts is puzzling. Nevertheless, I have a few observations.
The est. revenues is
37,728,045. But one should be able to easily find the est. expenditures. To compare.
The estimated revenue increase of 4.9% is $1,773,914. This is over the 2020-21 Budget, but is still 3.5% below 2019-20 actual revenue and 10% below 2018-19 actual revenue. This does not follow. It would help if this was explained further?
And the TOT is lower than 2019-20 by 29% and lower than 2018-19 by 44%., yet states that it is 27.5% higher than budget. Details would be helpful on this as well.
I have provided Ms Copeland with more details on some issues, so she is better to address this at the meeting.
Overall it looks like we are in good shape as it relates to revenues. I hope we do not see a backlash yet from the economic downturn. It would greatly help if the budget was more transparent and easier for residents to understand. While I understand why it is needed, the continual movement of funds between accounts is puzzling. Nevertheless, I have a few observations.
The est. revenues is
37,728,045. But one should be able to easily find the est. expenditures. To compare.
The estimated revenue increase of 4.9% is $1,773,914. This is over the 2020-21 Budget, but is still 3.5% below 2019-20 actual revenue and 10% below 2018-19 actual revenue. This does not follow. It would help if this was explained further?
And the TOT is lower than 2019-20 by 29% and lower than 2018-19 by 44%., yet states that it is 27.5% higher than budget. Details would be helpful on this as well.
I have provided Ms Copeland with more details on some issues, so she is better to address this at the meeting.