For the first six months of its fiscal year, the City of Auburn has kept its spending less than its revenues. City officials hope that trend continues for the next six months as the town struggles to end the year in the black after three years of dipping into reserves to balance its budget.
So far in FY2011, Auburn has taken in $1.87 million and spent $1.73 million in its General Fund.
Auburn city administrator Ron Griffith presented the information at a city council meeting May 19.
While the city has remained in the black so far, overall Auburn had more expenses this year than it did at the same point last year by $50,000.
The town’s largest department, Police, has spent $775,800 so far this year compared to $750,800 at this point last year. The city library was also up over last year, $89,300 compared to $59,500. And IT Technology spending was $33,100 YTD compared to $11,800 at this point last year.
Some departments have spent less this year. Financial administration has spent $200,400 YTD compared to $225,300 at this time last year and code enforcement has spent $30,200 this year compared to $36,100 last year.
The city’s overall General Fund spending budget for FY2011 is $3.35 million.
Although the town’s water fund is also in the black year to date, overall revenues are down from this time last year and expenses are up significantly. Water revenues on a YTD basis fell from $594,400 last year to $582,100 this year while expenses rose from $445,200 to $531,500 over the same period.
Likewise, the city’s storm water revenues are running far below projections, only $57,000 for the first six months out of a projection of $153,800 for the year.
“I’m not concerned with how things are going because we’re doing a very good job with keeping our expenditures down,” said Griffith.