HomeMy Public PortalAboutFY24 Mayor's Approved Budget PowerPointCITY OF JEFFERSON
FY2024 Mayor’s Approved Budget
EXHIBIT A
1
Total Budget Expenditures
by Fund for FY2024
General $39,129,487.14
Parks & Recreation $11,188,186.55
Airport $392,843.67
Parking $1,016,844.58
Transit $2,991,834.51
Wastewater $11,793,407.04
Capital Improvement Sales Tax H $6,894,711.37
Public Safety Tax $3,851,304.25
Workers Compensation $408,000.00
JC Veteran’s Plaza Trust $1,000.00
Police Training $30,000.00
Lodging Tax $1,503,000.00
Woodland Cemetery Trust Fund $5,000.00
TIF $80,000.00
Total $79,285,619.11
EXHIBIT A
2
General Fund Budget Expenditures
for FY2024
Mayor & Council $140,916.58
City Clerk $138,148.71
City Administrator $441,633.68
Entitlement/CDBG Grants $288,388.45
City Attorney $366,827.40
Municipal Court $274,023.48
Human Resources $413,262.26
Finance $931,015.44
Non-Departmental $1,165,410.61
Emergency Mgmt Operations $27,950.00
Information Technology Systems $1,277,851.99
Police $13,301,321.61
Fire $10,194,085.28
Plan & Protect Svcs $2,307,508.94
Public Works $6,509,273.53
Transfers & Subsidies $1,301,869.18
Capital Projects $50,000.00
Total $39,129,487.14
Removed from Police budget to a stand-alone department
EXHIBIT A
3
Total Fund Expenditures
by Account Classification for FY2024
52.82%
8.95%
8.67%
7.94%
6.70%
5.71%
4.86%
2.97%1.27%0.11%
Personnel Services
Contractual Services
Transfers Out
Capital Projects
Debt Service
Repairs & Maint
Materials & Supplies
Utilities
Capital Purchases
Other Operating Exp
Includes: 2.5% increase for employees covered by FOP or IAFF
contract, and Fire Command Staff; 3.0% market maintenance
increase for all other full-time employees; 1% lagers decrease for
General & Police groups; 1% Lagers increase for Fire group; 10%
increase for health insurance; 5% increase for dental insurance.
$41,880,167 52.82%
$7,093,918 8.95%
$6,876,173 8.67%
$6,298,800 7.94%
$5,311,102 6.70%
$4,525,618 5.71%
$3,850,702 4.86%
$2,352,840 2.97%
$1,008,799 1.27%
$87,500 0.11%
Total $79,285,619
EXHIBIT A
4
General Fund Expenditures
by Account Classification for FY2024
79.18%
5.34%
5.38%
3.75%3.33%2.65%0.22%0.01%
0.13%
Personnel Services
Repairs & Maint
Contractual Services
Materials & Supplies
Transfers Out
Utilities
Other Operating Exp
Capital Purchases
Capital Projects
Includes Airport subsidy of ~ $131K; Transit subsidy of ~ $1.130M
$30,981,014 79.18%
$2,090,891 5.34%
$2,106,922 5.38%
$1,468,364 3.75%
$1,301,869 3.33%
$1,038,527 2.65%
$87,500 0.22%
$4,400 0.01%
$50,000 0.13%
Total $39,129,487
EXHIBIT A
5
General Fund Budget Expenditures
By Department for FY2024
0.36%
0.35%
1.13%0.74%0.94%0.70%
1.06%2.38%
2.98%0.07%
3.27%
32.05%
1.94%
26.05%
5.90%
16.64%
3.33%0.13%
Mayor & Council
City Clerk
City Administrator
Entitlement/CDBG Grants
City Attorney
Municipal Court
Human Resources
Finance
Non-Departmental
Emergency Mgmt Operations
ITS
Police
Animal Control
Fire
Plan & Protect Svcs
Public Works
Transfers & Subsidies
Capital Projects
Total $39,129,487
$ 140,917 0.36%
$ 138,149 0.35%
$ 441,634 1.13%
$ 288,388 0.74%
$ 366,827 0.94%
$ 274,023 0.70%
$ 413,262 1.06%
$ 931,015 2.38%
$ 1,165,411 2.98%
$ 27,950 0.07%
$ 1,277,852 3.27%
$12,542,031 32.05%
$ 759,291 1.94%
$10,194,085 26.05%
$ 2,307,509 5.90%
$ 6,509,274 16.64%
$ 1,301,869 3.33%
$ 50,000 0.13%
Includes Public Relations Coordinator per the Mayor’s request
EXHIBIT A
6
Total Fund Revenues
by Account Classification for FY2024
Sales Tax
$31,939,672
40.28%
Fees/Charges
$22,311,703
28.14%
Franchise/Utility Tax
$6,308,000
7.96%
Other
$5,674,595
7.16%
Property Tax
$5,858,660
7.39%
Intergovernmental
$2,239,808
2.82%
Transfers
$5,226,173
6.59%
Carry Over Surplus
($272,992)
-0.34%
EXHIBIT A
7
General Fund Revenues
by Account Classification for FY2024
Sales Tax
$14,707,670
37.59%
Franchise/Utility
Tax
$6,308,000
16.12%
Property Tax
$5,858,660
14.97%
Fees/Charges
$3,991,468
10.20%
Other
$3,558,233
9.09%
Intergov'tl
$821,153
2.10%
Transfers
$3,884,304
9.93%
Includes ~ $200K
for Marijuana Tax
plus an increase
in Interest
Income of $80K
Includes
reduction in
Building
Construction
fees of ~ $76K
Includes an increase of
2.6% over the FY22
actual receipts on top
of the previously
adopted increase
Used the FY22 audited
revenue figures, the FY23
adopted budget, and the
FY23 YTD actuals as the base
for projections
Includes reduction in cell phone utility
tax of $240K
EXHIBIT A
8
Property Tax Break Down1
for a home with a market value of $233,8472
City 0.5561 $247.08
County 0.66713 $296.40
Schools 4.7593 $2,114.60
Total 5.9825 $2,658.08
1Based on 2022 property tax rates
2Median home value in Jefferson City as of May 31, 2023
3Includes the Library Tax
EXHIBIT A
9