HomeMy WebLinkAboutHandouts_Workshop_Tab 04_06/30/2014 Below is a model of the Village Manager's "535 Plan". This model assumes that annually recurring revenues will
increase 5% and operating expenditures will increase 3% each year over a 5 year period. Additionally, it shows that 70%
of the annual difference between revenues and expenditures will be used for capital projects and 30% will be used to
increase unassigned fund bafance in the generai fund.
535 Plan - General Fund #001
CurrentBudset 2015 2016 2017 2018 2019
Revenues
$ 10,308,795 10,063,199
Less: Transfers (200,000) -
Capital Lease Incep. (432,844) (300,000)
Appropriations (453,717) ��,�� �Uf����{���-
Operations $ 9,222,234 $ 9,763,199 $ 10,251,359 $ 10,763,927 $ 11,302,123 $11,867,229
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$ Change in Operations $ 540,965 $ 488,160 $ 512,568 $ 538,196 $ 565,106
% Change in Operations 6% 5% 5% 5% 5%
Expenditures
$ 10,308,795 9,981,110
Less: Capital rTiUC� -p� �- (835,144) (338,600)
Less: One time expense (89,115) -
Operations $ 9,384,536 9,642,510 9,931,785 10,229,739 10,536,631 10,852,730
$ Change in Operations $ 257,974 $ 289,275 $ 297,954 $ 306,892 $ 316,099
°� Change in Operations 3% 3% 3% 3% 3%
Change In Operations $ (162,302) 120,689 319,574 534,188 765,492 1,014,499
fxcessin Revenues
over Expenditures $ - 82,089 319,574 534,188 765,492 1,014,499
Capital Projects (70%) 57,462 223,702 373,932 535,845 710,150
Fund Bafance (30%) 36,207 95,872 160,256 229,648 304,350
$ (162,302) 93,669 319,574 534,188 765,492 1,014,499
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