06-03-2015 Jt Spe Mtg Agn - Laserfiche WebLink

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CITY OF COLTON FISCAL YEAR 2016 ADOPTED BUDGET Internal Service Funds provide services to City departments and recover their costs through user charges. In previous fiscal years, user charges were included in the “allocated charges” expenditure category as an abatement. To increase transparency and better account for expenditures in the Internal Service Funds, in Fiscal Year 2015-16 cost recovery from department user charges is recognized as a revenue to net against the expense. Following is a summary of the Internal Service Fund combined budgets, as the individual Internal Service Fund budgets are contained within the department pages under which each respective fund is managed. REVENUE Revenue by Fund Revenue by Category 2013 Actual 2014 Actual 2015 Original Adopted 2015 Current 2016 CM Recommend 2016 Council Recommend Dollars by Fund Building Maintenance Fund 232 203 200 - 685,258 679,342 Information Services Fund 1,345 1,653 800 - 938,160 938,258 Insurance Fund (2,815) 1,004 150 - 2,975,136 2,975,136 Automotive Shop Fund - - - - 638,874 638,971 Total Dollars by Fund (1,238) 2,860 1,150 - 5,237,428 5,231,707 2013 Actual 2014 Actual 2015 Original Adopted 2015 Current 2016 CM Recommend 2016 Council Recommend Dollars by Category Property Taxes - - - - - - VLF - Property Taxes - - - - - - Franchises - - - - - - Sales & Use Tax - - - - - - Other Taxes - - - - - - Total Taxes - - - - - - Licenses & Permits - - - - - - Fines & Forfeitures - - - - - - Use of Money & Property 2,025 2,670 1,150 - - - Revenues from Other Agencies - - - - - - Charges for Current Services - - - - 5,237,428 5,231,707 Other Financing Sources (Including Transfers) (3,263) 190 - - - - Total Dollars by Expense Category (1,238) 2,860 1,150 - 5,237,428 5,231,707 INTERNAL SERVICE FUNDS OVERVIEW 17-xx