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Status Report <br />April 22, 2003 <br />Page 3 <br /> <br /> positions be'added? <br /> Staffpositions and total costs per position · Are positions assigned to <br /> have been provided by staff, correct area in General <br /> Fund? <br /> Using the 2003 Budget, the analysis <br /> calculates the ratio of staff to total <br /> population and jobs for every position with <br /> more than 2 FTE in 2003 Budget. This ratio <br /> is used to add staff expense with future <br /> growth. For all other positions, additional <br /> expense added in a specified year. <br />.... ~7i~'"-- '"~'~'~-~'~-I'~--~'- The analysis use the 2003 Budget as the Under review by sta~i'~ to <br /> expenditure base line for projecting future expenditures, determine if assumptions are <br /> projections reasonable, in particular: <br /> All expenditures other than Personal <br /> Services are converted to per capita/job basis · Is 2003 baseline population <br /> (2003 expenditure divided by total estimated reasonable'? <br /> 2003 population plus jobs). · Is 2003 baseline job total <br /> reasonable? <br /> Estimated 2003 population equals 2000 ° Is this the best way to <br /> Census plus assumed growth from housing measure the implications of <br /> in 2001 through 2003 (see Population non-residential growth? <br /> Projections). Estimated 2003 jobs equals · Should other factors be <br /> 2000 Census plus 500 jobs in 2001 and 300 considered? <br /> jobs in 2002. <br /> Future expenditures (not Personal Services) <br /> calculated by multiplying per capita/job <br /> factor by projected annual total of <br /> population and jobs. <br /> Personal Services expenditures do not <br /> increase unless neW employees are hired. <br /> <br /> 13-14 General Fund The majority of revenue sources change '-- ';i"his component of the model isi <br /> Revenues using the same per capita/job ratio approach in the final stages of <br /> as used with expenditures, development and has not been <br /> Property tax levy is the "fill" number, provided to staff for review. <br /> Amount needed to balance budget after <br /> accounting for all other revenues. <br /> l~-~:i":~ ............ ~'~'Pital - Analysis needs to aCcount for capital "'1 Staff and fm'~ncial advisor <br /> expenditures expenditure that will influence tax levies, working to develop parameters <br /> These new levies will be combined with for future tax supported capital <br /> existing debt levies, projects. <br /> <br /> <br />