Agenda - Council Work Session - 06/14/2011

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GOVERNMENTAL FUNDS EXPENDITURES Similar to our discussion of revenues, the expenditures of governmental funds will vary from state -wide averages and from year -to -year, based on the City's circumstances. Expenditures are classified into three types as follows: • Current — These are typically the general operating type expenditures occurring on an annual basis, and are primarily funded by general sources such as taxes and intergovernmental revenues. • Capital Outlay and Construction — These expenditures do not occur on a consistent basis, more typically fluctuating significantly from year -to -year. Many of these expenditures are project- oriented, and are often funded by specific sources that have benefited from the expenditure, such as special assessment improvement projects. • Debt Service — Although the expenditures for the debt service may be relatively consistent over the tern of the respective debt, the funding source is the important factor. Some debt may be repaid through specific sources such as special assessments or redevelopment funding, while other debt may be repaid with general property taxes. The City's expenditures per capita of its governmental funds for the past three years, together with state -wide averages, are presented in the following table: Governmental Funds Expenditures per Capita With State -Wide Averages by Population Class State -Wide City of Ramsey Year December 31, 2009 2008 2009 2010 Population 2,000 -2,500 2,500- 10,000 10,000-20,000 20,000 - 100,000 24,100 24,300 23,668 Current General government $ 169 $ 120 $ 107 $ 79 $ 175 $ 162 $ 181 Public safety 219 217 233 241 164 162 160 Street maintenance and lighting 109 112 106 82 119 94 116 Parks and recreation 59 61 81 86 37 35 35 All other 104 81 81 96 Capital outlay and construction $ 660 $ 591 $ 608 $ 584 $ 495 $ 453 $ 492 251 $ 336 $ 325 $ 267 $ 186 $ 182 $ 268 Debt service Principal $ 245 $ 196 $ 135 $ 126 $ 83 $ 141 $ 94 Interest and fiscal 76 73 51 39 56 55 56 $ 321 $ 269 $ 186 $ 165 $ 139 $ 196 $ 150 Total expenditures in the City's governmental funds for 2010 were $21,543,011, an increase of $1,329,608 (6.6 percent) from the prior year. On a per capita basis, the City expended a total of $910 in 2010. Current expenditures increased $39 per capita, or about 8.6 percent, from last year. Capital outlay expenditures for 2010 were $86 more per capita than the prior year due to higher street construction and land purchase expenditures. Debt service expenditures for 2010 were $46 per capita lower than the prior year as scheduled, with final payment on four bond issues in the prior year. -9-