Surprise FY2022 Budget

FY2022 budgeted expenditures/expenses compared with FY2021 adopted/adjusted budgeted expenditures/expenses.

FY2021 comparison amount

$375,296,800

Dollar change

+$62,532,600

Percent change

+16.7%

These figures use the accounting measures reported by the City. Revenue, transfers, fund balance and other financing measures are kept separate rather than treated as interchangeable.

Total Revenue

$310,502,900

Transfers In

$48,110,500

Total Sources

$358,613,400

Fund Balance/Net Position at July 1

$265,412,000

State-form accounting measure. It is not part of the Summary of Sources and Uses Total Sources.

Other Financing Sources

$1,000,000

State-form financial-resource measure, kept separate from the Summary of Sources and Uses.

Total Financial Resources Available

$575,914,900

State-form accounting layer. Do not equate this with the Summary Total Sources.

Summary-of-Sources-and-Uses measures and state-form financial-resource measures are preserved as distinct accounting layers.

The General Fund is shown separately from the citywide budget. Ongoing activity, one-time activity, fund balance and reserves are kept distinct where the adopted budget reports them separately.

Beginning fund balance

$90,890,600

Ongoing activity

Total Ongoing Sources

$139,749,000

Total Ongoing Uses

$139,685,100

Ongoing Surplus

$63,900

One-time activity

Personnel/Supplies/Services

$-108,200

Negative source-presented one-time amount.

Contingency

$2,518,500

Other - Transfers Out

$13,845,800

Total One-Time Change

$16,256,100

The source presents this as a positive change amount that is subtracted when reconciling ending fund balance.

Ending fund balance

$74,698,400

Reserves

Required Reserve

$22,666,900

Minimum required fund balance presented in the General Fund Five-Year Forecast.

Accounting details

Compared with ending fund balance to determine balance above the required reserve.

The budget describes the required reserve as including at least two months of budgeted personnel, supplies and services for the General Fund, Ground Ambulance and HURF. The Emergency Reserve is represented in One-Time Contingency and is excluded from Minimum Required Fund Balance.

Balance Above Required Reserve

$52,031,500

Ending fund balance above the forecast Required Reserve.

Accounting details

Ending Fund Balance minus Required Reserve.

This forecast measure is distinct from the Fund Balance Summary's separately presented Fund Balance Reserve.

The General Fund forecast Required Reserve of $22,666,900 is distinct from the Fund Balance Summary's $25,185,400 Fund Balance Reserve. These measures are not collapsed.