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City of Eugene, Oregon Budget Summary <br />FY07 Proposed Budget Summary <br />The total Proposed Budget for the City is $439.6 million. When internal expenditures and <br />transfers are omitted, the net budget is $369.3 million, an increase of 2.2% over the FY06 <br />Adopted Budget (excluding carryovers from the previous year). User Fees and Fines represent <br />the single largest resource in the FY07 Budget, followed by property tax revenue. <br />Total Resources - $439.6 Million <br />Beginning Working <br />Capital <br />($125.4 million) <br />*Other <br />($11.6 million) <br />Property Taxes <br />($87.2 million) <br />Dther Taxes <br />616.0 million) <br />User r eesir ones <br />governmental <br />($162.1 million) <br />($22.5 million) <br />*Includes Miscellaneous revenue ($5.7 mil), Principal on Notes/Assessments ($2.3 mil). <br />Total Requirements $439.6 Million <br />Contingency/ Interfund UEFB/ Balance <br />Reserves Transfers/Loans Available Inter- <br />($57.2 million) ($13.0 million) ($53.6 million) governmental <br />,,, __ ($25.5 million) <br />Misc. Fiscal <br />Transactions <br />($4.1 million) <br />Capital ,~ s <br />($20.4 million) <br />Debt Service <br />($24.9 million) <br /> General Operating <br /> ($240.9 million) <br />General operating costs are the largest expense in the requirements budget. The operating budget <br />has three components: Personal Services, Materials and Services, and Capital Outlay. Personal <br />Services expenses (wages) account for 57% of general operating expenses. Budgeted regular <br />wages are determined by contracts for represented employees and the Executive Management <br />Team for non-represented employees. Represented employees are budgeted to receive wage <br />increases proscribed in their specific bargaining agreements. Currently, three of the five <br />agreements are in place for FY07: <br />Interfund <br />Transfers/Loans <br />($13.0 million) <br />Debt Proceeds <br />.8 million) <br />14 <br />