City of Edmond, Budget & Financial Plan, FY 20-21

C I T Y OF E D MON D, OK L A HOMA BUDGET AND FINANCIAL PLAN

FISCAL YEAR 2020–21

BUILDING A BETTER FUTURE

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Liquor Tax $45,000 0.07%

Licenses & Permits $1,587,850 2.52%

Fines $2,170,000 3.44%

Vehicle/Gas Tax $868,230 1.38%

Alcohol Bev & Cigarette Tax $910,000 1.44%

Charges for Services $6,294,863 9.99%

Franchise Tax $2,012,044 3.19%

Interest Earnings $156,250 0.25% & Misc Rev $134,000 0.23%

Sales & Use Tax, $48,819,018 , 77.49%

Edmond's Budgeted FY20-21 General Fund Revenues $62,997,255

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Utility Funds, $157,361,837 , 49%

Other Enterprise Funds (plus CityLink Fy14-15), $3,989,988 , 1%

Admin Support Funds, $25,193,855 , 8%

General Fund, $13,675,095 , 4%

Capital Project Funds, $40,322,489 , 13%

Special Revenue Funds, $46,940,413 , 15%

Internal Service (less Admin Support), $33,587,094 , 10%

Edmond's FY20-21 Budgeted Direct Operating Expenses $321,070,771

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Fines & Forfeitures, $2,170,000 , 0.74%

Charges for Services, $193,201,234 , 66.13%

Licenses & Permits, $3,258,749 , 1.12%

Taxes, $84,537,036 , 28.93%

Interest, $1,612,135 , 0.55%

Inter-governmental, $5,244,570 , 1.79%

Miscellaneous Revenue, $2,150,864 , 0.74%

Total Estimated Revenue for All FY20-21 Funds $292,174,588

Utilities: Unassigned (Reserve for Emerg & Shortfalls) $118,631,495 60.42%

Restricted (Reserve for Specific Fund Purposes) $39,549,435 20.14%

Total Ending Reserves FY20-21 $196,343,090

ASSIGNED (Reserve for Council Special Projects) $100,000 0.05%

Restricted (Reserve for Other Restricted Purposes) $31,599,671 16.10%

Committed for Other Purposes $962,860 0.49%

General Fund/Admin Support: Unassigned (Reserve for Emerg & Shortfalls) $5,499,629 2.80%