1. Development Fund Revenue and Expenditure History and Trends
Development Services Fiscal Oversight Advisory Committee
8/3/2015

2. Development Fund Revenue and Expenditures
*Note: 2015 revenue and expenditures are year to date through June, 2015, and do not include a planned expense of $552,857 to Sanitation to pay off the balance of a loan from the Sanitation Fund in 2009

3. Recent Revenue Trend is Positive with Most Activity Occurring in the Summer

4. Annual Expenditures by Major Category
Expenditure Category
2013 Expenditures
(% of Total)
2014 Expenditures
2015 Expenditures YTD*
Salaries and Benefits
$1,824,361
(46%)
$2,196,050
(43%)
$1,087,521
(51%)
Purchased and Contracted Services
$198,167
(5%)
$209,438
(4%)
$149,584
(7%)
Supplies
$21,508
(0.5%)
$28,963
(0.6%)
13,536
Capital Costs1
$3,205
(0.08%)
$36,677
(0.7%)
$252,9972
(12%)
Interfund Transfer
$1,128,077
(28%)
$2,035,891
(40%)
$413,583
(19%)
Pensioners Group Insurance
$518,535
(13%)
$484,415
(9%)
$216,555
(10%)
Loan Repayment (Sanitation)
$300,000.00
(8%)
$147,143
(3%)
$03
(0%)
Retirement Services
$10,884
(0.002%) $0
Total
$4,004,769
$5,149,462
$2,133,777
1: The administration and Board of Commissioners allocated funds for upgrades to the Q-matic and Interactive Voice Response systems, in addition to a complete hardware refresh (desktops, laptops, and printers) in Planning and Sustainability
2: Includes Development Fund share of first year costs for ProjectDox and Hansen 8.4 upgrade
3: At the end of 2015, the Development Fund will make the final loan payment of $552,857 to the Sanitation Fund