HomeMy WebLinkAbout2005-02-05 Board of Selectmen PacketTown of Reading
16 Lowell Street
Reading; MA 01867-2685
FAX: (781) 942-9071
Email: townmanager&i.reading.ma.us
MEMORANDUM
TO: Board of Selectmen
FROM: Peter I. Hechenbleilcner
DATE: February 4, 2005
RE: FY2006 Budget
TOWN MANAGER
(781) 942-9043
The budget as presented to the Board of Selectmen at your previous Saturday meeting was
$1,329,000 out of balance. Since that time we have taken the following steps to balance the
budget:
Revenues
The attached "Town of Reading Forecast of General Fund Revenues Fy2006" reflects the
following changes in the previous version of the budget.
♦ Reduced the provision for abatements and exemptions from $500,000 to $410,000.
® Increased "fine" income from $130,000 to $140,000.
Increased interest earnings from $500,000 to $575,000.
o Increased State Aid pursuant to the Governor's Budget by $483,000.
o Confirmed that the Reading Ice Arena funding this year would be $120,000.
The total increase in revenues was $603.494,.
Expenses
In order to balance the budget, we needed to reduce expenses from the requested levels by
$725,731. On the bottom of the table entitled "Town of Reading Forecast of General Fund
Expenses FY2005 - FY2009," you will see an analysis that indicates that in FY2005 the Town
budget was 30.66% of the total FY2005 budget once you exclude:
1 ®1
♦ Vocational School District,
♦ debt service and capital,
♦ employee benefits,
♦ stabilization fund and
♦ State assessment.
Likewise, the School budget made up 61.72% of that number, and the Facilities budget makes up
7.62%. Using a model that distributes the available fiends for FY2006 after excluding the items
noted above, provides for a Town budget of $14,284,050, or 2.88% increase from FY2005
levels. Similar percentage increases would be available to the School and Facilities.
Using that model, I have made the following adjustments to the FY2006 expense budget:
♦ Al - Accounting salaries - provide for three weeks of overlap for the new Town Accountant,
rather than four.
♦ B6 - Health salaries - provide for the increase of two hours for the Public Health Nurse
rather than four.
♦ B8 -Elder Human Services salaries -minor adjustments.
♦ B 16 - Town Counsel - increase the amount charged to water and sewer enterprise accounts.
♦ B17 -Labor Counsel -reduce by $1000.
o B23 - Casualtv Insurance - reduced the estimated cost as determined by MIIA and charge a
portion to water and sewer enterprise accounts.
♦ B24 - General Services Salaries - eliminate the increase of one half Administrative Secretary.
♦ C5 - Assessment Expenses - increase for data collection.
♦ C8 - Human Resources salaries - amend due to reorganization.
♦ C10 - Finance General Salaries - amend due to reorganization.
♦ El - Police Salaries - amend due to hiring of new Chief and reduction to three new Crossing
Guards instead of six.
♦ E3 - Fire Salaries - amend due to fine tuning salary budgets.
♦ F5 - HiRhwav Salaries - eliminate two new Laborer positions but retain Seasonal Laborers.
♦ F6 - Hiahwav Expenses - adjustment in expenses.
♦ F14 -Rubbish Collection and Disposal - eliminate curbside leaf collection.
J.-IL,
♦ F15 -Snow and Ice Control- eliminate $25,000 increase in base.
♦ State Assessments - reduced per the Governor's budget
Doing all of these changes closes the gap. for Town government expenses to $53,003. The
shaded column in the summary anticipates spreading that amount evenly among all of the Town
operating departments - a number equal to .4% per department. During the next week I will
work with the Department Heads on identifying those reductions. We will also then amend the
water and sewer budgets as necessary.
New detailed budget sheets follow the summaries. When the entire budget is completed, I will
give the Board of Selectmen an entire new budget.
PIH/ps
Town of Reading, Massachusetts
Forecast of General Fund Revenues FY 2006
FY 2004 Actual
FY 2005 Revised
FY 2006
FY 2007
FY 2008
FY 2009
% Of Total
% Of Total
% Of Total
% Of Total
% Of Total
% Of Total
Budget_ Budget
Forecast Budget
Forecast Budget
Forecast Budget
Forecast Budget
Forecast Budget
$
$
$
$
$
$
Property taxes:
Tax levy (within levy limit)
;A 38,001,668
39,439,063
40,946,713
42,610171
44,499,545
46,215,834
Tax levy (debt exclusion)
;B 155,565,
2,824,216
2,707,877
2,707,877
2;707,877
2,707,877
Less: Provision for abatements
and exemptions
B11 , "(398,11 05)
(403,573)
(410,000)+
420;000
430,000 -
440,000
37;759,128.1 65.91%
411859,706, 67.11%
43,244,590 67.340/6
45,73810481 69.12%
47,63 17,4221. 69.81%
49,363,711 70.38%
Change from prior year
17.2%
10.9%
3.3%
5.8%
4.2%
3.6%'
Local revenues from sources
;C Actual Collections
other than property taxes:
Motor vehicle excise
,823,284
2
2,700,000
2,800,000
2,856,000
2,913,120
2,971,382°
Penalties and interest on taxes
_
167,558..'
160,000 .
160,000
163,200
166,464
169,793.
Payments in lieu of taxes
269,984"„'.' `
230,600
230,000
234,600
239,292
244,078
Charges for services
1,431,493'
1,360,000
1,500,000
f 530,000, ' -
1,560,600
1,591812
Licenses and permits
63,360
60000"
60,000
61,200
"-62,424
63,672 '
Special assessments
6,390
5,000 _
5,000
5,100
5,202
5,306
Fines
138,693
130 000
140,000
142,800
'145,656
148,569
Interest earnings
A76,745
51 ,
575,000
586,5D0
598,230
610,195
Medicaid Reimbursement
74,237:
75 000
450,000
459,000
468,180 - "
477544
Other
51.,819'.
5 503,56fl 9.61%
5;245,000 8.41%
5,920,000 9.22%
6,038,400 9,13%
6,159,168 9.03%
61282,351 8.96%
Change from prior year
12.9%
2.0%
2.0%
2.0°f
Intergovernmental revenue:
D Actual Collections '
i
State aid
11,659,72i,
ii j J,437.
11,984,691
19,984,691
11,984691
11,984,691
Less:
%
State aid • offset items
(235,181)
(266 917),
(266,917)
(266,917)
(266 917)
(266,917)
Supplemental Aid
183,430=.
128,3471
128,347,
128,347
128,347
11;424,5461 19.94%
11;617,9501 18.63%
11,846,121 18.45%
11,717,774 17.71%
11,71704) 17.17%
11,717,774 16.71%
Change from prioryear
•4,41/o
1.7%.
2.0%
Operating transfers I available
funds:
Actual Collections
Cemetery sale of lots
10,000..', :
47,737.
48,000
10,000 ,
10,000
10,000
Sale of real estate funds
300,000
375,000
375,000.
375,000,
315,000
Reading Ice Arena Authority
116;074
107,256 . '
120,000
120,000
120,000
120,000
Earnings distributions - electric
;E 1,626;062
1,894,629":
1,970,400
2,019,660
2,070,152
4121,905
Overlay surplus -
201820
94,674 '
147,717
150,000
150,000,
150,060
Debt Service Reserve
1501000 ;
Stabilization Fund
Certified "Free Cash"
293,615,
1;203,000 "
550,000
2,597,571-~ 4.53%
3,6a7;4065.85%
3,211,117 5.00%
2,674,s6 4.04%
2,725,1521 3.99%
2,776,9051 3.96%
Change from prior year
15.1%-
-:40.4%,
12.0%
1617%
Totals
57,284,802'
62,370,152 "
64,221,828
66,168,882
68,239,516,
70,140741 .
f
i
407
088
7% $5
9
085,350
8.9% 1 $5
8.0% + $1,851,676
3.0% $1,947,054
3.1 % i2,070,64
2.8% $1,901,226
ous year
Increase
rom prev
,
,
.
,
(A) Assumes new growth at $155,000 per year for FY 2006 through FY 2009, plus new growth in accordance with "Analysis
of impact on tax levy of projected major real estate developments"
(B) Includes annual projected revenue from Debt Exclusions passed
(B1)The Board of Assessors have indicated a need to increase the "provision of exemptions and abatements" (Overlay Reserve) by $100,000
(C) Projects a 21/6 per year increase Inmost categories, except for Charges for service (ALS), Interest Earnings (RMHS bond Investment), and Medicaid reimbursement
(D) Assumes no change in base State Aid from FY 2005 through FY 2009, but a reduction in SBA beginning in 2006 based on audit for JE and BM Schools.
There will be at an unknown date, for adjustments to Parker and C
oolidge MS reimbursement
(E) Assumes actual Earnings Distributi
on from RMILD for FY 05, and 2.
50/6 thereafter.
is
21412005
3:21 PM
d
Overlay Pet ~ recapitula~on
less: bons granted
PbatemEnts & e.Kemp
Ztansfeaed to overlay surplus
Balance pecembet 31, 2004
of eadin9. Massachusetts
down R . provision
Fiscal
t~veslay
Fiscal 2
Fiscal
Fiscal 2=
20 $
Fiscal
Fiscal
7.00
2=
$
$ 398,145
39020
Fiscal
Fiscal
A99B
1998.
$
$
400,157
883,556
X57 ,949
Fiscal
Fiscal
,1=
,1=
$
$
404,474
441918
183,461
171,171
1895
$
$
2
420,942
404,583
249 287
497
66
120,868 44,156:
2
404 514.
447 ,53
31
178 634
187,263
003
217
192,593
,
1
$
9151 -
179,454
164,9
,
1
176333
125 95
AIT
8
ed to overlay surplus ,lanuarY 8, 2445
Itansfert
Split
MUNICIPALITY
TOTAL FY'04
PARCEL
% RES
OVERLAY
Tax
ASSESSED
COUNT
OF A.V.
LEVY %
Rate
VALUATION
04
N
ARLINGTON
$5,990,614,666
14,119
93.9
1.47
Y
BEDFORD
$2,359,868,400
4,356
75
1.79
N
BELMONT
$4,981,907,000
7,777
94
1.54
N
CHELMSFORD
$4,281,293,952
13,006
82.4
1.27
N
MIDDLETON
$1,250,842,513
2,933
83.8
2.08
N
NAHANT,
$634,005,385
1,329
97.4
1.91
N
READING
$3,119,970,010
8,196
93
1.04
N
ROWLEY
$687,021,980
2,463.
86.5
1.65
Y
STONEHAM
$2,420,339,422
7,484
87.1
2.24
Y
WATERTOWN
$4,779,603,684
9,358
78.5
1.64
N
WENHAM
$692,245,572
1,342
95.8
1.87
N
WEST NEWBURY
$733,651,653
1,688
98
1.08
N
WESTON
$4,304,171,200
3,746
96.4
1.14
Y
WILMINGTON
$3,005,246,280
8,113
76.2
1.76
N
WINTHROP
$1,576,451,520
5,256
93.9
1.80
2004
STATE
AVERAGE
1.95
2003
1.87
2002
2.09
2001
2.30
2000
2.35
fl
Town of Reading, Massachusetts
State Aid
Distributions and Reimbursements:
Chapter 70
School Construction
Charter Tuition Assessment Reimbursement
Charter School Capital Reimbursement
Lottery
Additional Assistance
Police Career Incentive
Veterans' Benefits
Exemptions: Vets, Blind, Spouse
Exemptions: Elderly
State Owned Land
Sub-Total Distributions and
Reimbursements
Offset Items:
Racial Equality
School Lunch
Public Libraries
Sub-Total Offset Items
Total
Supplemental aid
Governor's Budget
2006
Budget
Projected
Over (Under)
2005
2006
2005
6,082,107
6,278,435
196,328
1,678,534
1,651,643
(26,891)
4,402
2,098
(2,304)
1,484
766
(718)
1,841,015
1,954,832
113,817
1,534,901
1,534,901
175,895
185,641
9,746
4,062
3,258
(804)
44,789
41,841
(2,948)
25,100
23,092
(2,008)
42,231
50,977
8,746
11,434,520
11,727,484
292,964
227,720
227,720
11,714
11,265
(449)
27,483
27,430
(53)
266,917
266,415
(502)
11,701,437
11,993,899
292,462
183,430
128,347
* (55,083)
Town of Reading, Massachusetts
Forecast of General Fund Expenses FY 2005 through FY 2009
Town Government
Salaries
Expenses
Total
Change from prior year
School Department
Salaries
Expenses
Total
Change from prfor year
Vocational School District
Change from prforyear
Building Maintenance
Salaries
Expenses
Total
Change from prfar year
Debt Service and Capital
Debt Service
Capital
Total
Change from prior year
Employee Benefits
Contributory Retirement
Non-Contributory Retirement
Unemployment Compensation
Group HealthilJfe Insurance
MedlcarelSoclai Security
Workers Compensation
Police/Fire Indemnification
Total
Change from prior year
FY 2004
FY 2005 -
FY 2006
FY 2007.
FY 2008. 1
FY 2009
Expended]
% Of Total
[oyed
% Of Total
Budget
% Of Total
I
% Of Total
% Of Total ~
I
h Of Total
I a
I
Budget
Budget
Budget
Request .1
Budget
Forecast
Budget
Forecast
Budget
Forecast
Budget
23,45%
22,240/6
(
22.34%
21.61%
21.23%
121.03%
A
9,290,036
- -
10,018;174'"
10,426,060
4.09%
10,843,102
11,276,826.
11,727,906,
B
3.535.160
3358.006
•
4.088.456
5.51%
4.170467
4,214;422
4,381;282 -
12,825,196
.13,872,180
14,494,516
4.49%
"15.13;270..
15,551,246
16,109,182
$485,912
$1,048,984
$622,338
`$516,764
$537,978
$567,934
46,63%
J
44.77%
1
44.25%
43.20°/a
142.81%
42.77%
C
[25,506,410
27,921,916
28,712,252
2.831A
30,004,303
31,354,497
'32,705;449
$699,412
$790,336
$1,350,194
41,410,952
E
196,9731
0.36%
„203,1501
0,33%
213,354
0.33%
216,689.
0.31%
224,155; 0.31%
'
229,759.1 0.30%
337666
$11,177
56,201
56,374
. 35467..
J4604
1
6.51%
1
5.52%
6.09%
I
6.06%
<I 6.12%
6.23%
D
3,561,776
3.445 W,
3,954,629
14.79%
4,211,680
,4.485A39 -
4,776,993.. ,
$583,783
-$tf6,710
$509,563
$257,051
$273,759
,.$291,554 -
1
8.45%
13.24%
12.01%
13.40%
113.39%
' : 1 12.60%
F
4,178,173
6,790,140
6,898,508
1.60%
8,427,946
8,850,991 -
8,66D,422.
G
442063
1470.000
893,188
-39.24%
678000
958_000
_,,_006'-
4,620,241
8,260,140.
7,791,696
-5.67%
9,305,946
9,808,991
9,664,422,
-
$547,785
-$3,638,888.
-$468,444
$1,514,250
$503,045 '
3$154,569. „
13.57%
12.90/o °
14.17%
1
14.63%
15.37%
16.33%
H
2,186,30)
2,407,094
2,463,851
2.36%
2,525,447
2,589,583
2,853;298
I
93,745
97,625
99,257
1.67%
101,738
104,282
106,869,
J
- 47,605
75,000
60,000
.20.00%
60,000
60,000,
60,000 , •
K
4,341,283
4709330
5,749,961
22.101A
6,612,455
7,664,323
8;744,972 k
L
493,385.
495,350
-
530,211
7.04%
556,722
584,558
613,786-
M
192,804.
223,650
241,542
8.00%
253,619
266,300
279,615
BG147
76000
50_U_DO
38.89%
60_,000
s01_0o
'60_,000-.
7A21.349
8,044.049
9,194.822
1Q159,982
11,259,646."
12,508,559
$486,523
-
$622,700
$1,150,773
$965,160
$1,098,085,
$1,250;$13
`Stabilization Fund $100,060
change from prior year y
State Assessment ~ N J- x 566100i l 1.03%1 518,e51 i 0.83%~ 531,617 ( 0.82%11: 544,966 ( 0.78%~ l
558;5301 0.76%1 1 " 672,4941 0.75%1
Totals 1 1:164,699,946 " '62,376,152 " 64,892,886 4.04%69,458,776
73,240,907 776,616,858
1
Increase from previous year 5.4%+ $2,819,666 14.0%1' $7,670,2g6I 4.0%1 52,522,734 7.0%1 54,565,696
5.4%1 S3,782,131 4.6%1 53375,95
Projected Revenue $57,284,802 $62,370,152 $64,134,828 $66,095,629
$68,687,034 $70,989,402
Difference between Expenses and Revenue $2,584,856 ($758,058) ($3,362,947)
($4,553,873) ($5,627,456)
"A" - Town Government Salaries increase a total of 4% per year from FY 2006 to FY 2009
"B" - Town Government Expenses increase 2.5% per year on base for FY 2007 through FY 2009
"C" - School budgets reflect a 4.5% increase per year after FY 2006, which Includes the cost of busing and the cost of operating the new school
"D" - Building maintenance budgets reflect a 6.5% increase per year after FY 2005 which will include the cost of operating the new school
"E " - Vocational School District assessment at actual levels for FY 2005, and a 2.5% Increase after that.,
"F" - Debt Service Includes the cost of committed debt, both general tax supported and that voted by debt exclusion
"G" - Capital includes the use of the "Sale of Real Estate" funds per a 10 year model of expenditure, and Includes an increase in capital expenditures
equaling 1110th of the revenue generated by large new development as reflected in the Revenue projections
"H" - Contributory Retirement reflects a 2.5% per year Increase after 2006
"I" - Non Contributory Retirement Is assumed to Increase at 2.5% per year
"J" - Unemployment compensation has been projected to reflect the level utilized in FY 2005
"K" - Health Insurance reflects an approximately 19.5% increase for FY 2006 and 15% per year increasefrom'07 through'09. The Town has had Increases up to 19.5% per year during the past 3 ye;
"L" - MedicarelSocial Security has been adjusted for FY 2005, and then Increases by 5% per year
"M" - Workers Compensation has been increased 51/6 per year after FY 2006.
"N State Assessment Increased 2.5% per year from FY 2005 levels
21412005 3:27 PM
Town of Reading, Massachusetts
Forecast of General Fund Expenses FY 2005 through FY 2009
FY 2004 FY 2005 FY 2006
FY 2007
5pandod %OfTotal .,Approvod:) %OfTotal Budget ' %OfTotal
I%OfTotal
Budgat Budget Budget Ret~usst Budget
Ferocast Qudgot
Available
Increase over
bistribution of increases over FY 2005 budget based on FY 2005 budget: % of available for
FY 2005
FY 2005 FY 2006
t
Budge
Town 30.66% $14,284,050
$411,870 2.88%
School 61.72°% $28,750,927
$829,011 2.88%
Facilities 7:62% $3,547,351
$102;285 2.88%
100.00%,
1,343,166
FY 2008,
, I %OfTotal
Farecast Budget
Required
Reduction from
FY 2006 Rea_
(421,606) FY 2009
-$53,003
$38,615
-$407,278
%OfTotal
Forecast Budget
0
21412005 3:26 PM
TOWN OF READING, MASSACHUSETTS - FISCAL YEAR 2006 BUDGET
Actual Actual Budget Recommended Additional Percent $
Expenditures Expenditures (Revised) Budget Reduction Increase Difference
No. FY - 2003 FY - 2004 FY - 2005 FY - 2006 Reauired 05 to 106 05 to 106
$ $ $ $
Budget Summary
General Fund
A
Accounting
106,108
114,325
117,608
126,672
7.71%
9,064
B
Community Services
1,278,806
1,387,431
1,444,202
1,498,023
3.73%
53,821.
C
Finance
671,129
757,507
973,633
971,158
-0.25%
(2,475)
D
Library
794,283
868,999
905,074
946,315
4.56%
41,241
E
Public Safety
5,810,623
6,226,574
6,559,149
6,678,878.
1.83%
119,729
F
Public Works
3,411,215
3,470,360
3,872,514
4,116,007
6.29%
243,493
Town Totals
12,072,164
12,825,196
13,872,180
14,337,053
3.35%
464,873
G
Building Maintenance
3,089,640
3,561,776
3,445,066
3,954,629
14.79%
509,563
H-1
Schools
24,891,038
25,705,383
28,130,066
28,924,380
2.82%
794,314
J
Debt Service and Capital
3,922,129
4,620,241
8,260,140
7,766,696
-5.97%
(493,445)
K
Employee Benefits
6,839,667
7,421,349
8,044,049
9,178,808
14.11%
1,134,759
Total General Fund
50,814,638
54,133,945
61,751,501
64,161,565
3.90%
2,410,064
State Assessments
611,074
566,001
518,651
480,642
Total Funding Required
For General Fund
51,425,712
54,699,946
62,270,152
64,642,207
3.81%
2,372,055
Enterprise Funds
L
Water Fund
2,746,997
2,791,647
2,909,731
3,464,239.
19.06%
554,508
M
Sewer Fund
3,883,379
3,942,101
4,066,823
4,098,435
0.78%
31,612
Total Enterprise Funds
6,630,376
6,733,748
6,976,554
7,562,674
8.40%
586,120
0
2/4/2005 7
TOWN OF READING, MASSACHUSETTS - FISCAL YEAR 2006 BUDGET
Actual
Actual
Budget
Recommended
Additional
Percent $
Expenditures
Expenditures
(Revised)
Budget
Reduction
Increase Difference
No.
FY - 2003
FY - 2004
FY - 2005
FY - 2006
Reauired
05 to 106 05 to 106
$
$
$
$
A
Accountinq
Accounting
j
Al
Salaries and Wages
105,016
113,196
116,267
125,310
7.78%
A2
Expenses
1,092
1,129
1,341
1,362 -
1.57%
$
$
$
$
I
Total Accounting
106,108
114,325
117,608
126,672
$468 !
7.71% 9,064
B
Communitv Services
r
1
;
.
Conservation
j
61
Salaries and Wages
28,846
29,660
30,724
49,075
59.73%
Zoning Board
82
Salaries and Wages
762
1,191
1,200
1,200 '
0.00%
Historical Commission
B3
Expenses .
972
972
975
1,000:
2.56%
Inspection
I
84
Salaries and Wages
96,291
100,480
102,950
106,304 '
i
3.26%
Planning
.
B5
Salaries and Wages
51,786
61,158
63,208
65,615
i
3.81%
Health / Wts & Measures
B6
Salaries and Wages
101,997
105,856
116,233
130,641
12.40%
B7
Expenses
48,247
47,969
47,751
48,841
2.28%
Elder/Human Services
68
Salaries and Wages.
117,847
133,341
137,866
1 149,8521
8.69%
B9
Expenses
2,899
3,310
3,500
3,900
11.43%
Veterans
B10
Salaries and Wages
8,892
9,423
9,731
10,101
3.80%
Bll
Expenses
593
478
700
700
0.00%
B12
Assistance
(10)
4,589
6,000
6,000
0.00%
Selectmen
B13
Expenses
2,420
1,888
1,500
1,700
13.33%
Town Manager
B14
Salaries and Wages
97,254
100,087
95,182
92,152
3.18%
B15
Expenses
11,026
250
-100.00%
Law Division
B16
• Town Counsel
101,417
111,144
115,000
114,200.
0.70%
B17
Labor Counsel
9,139
8,374
8,000
5,000
-37.50%
B18
Expenses
34,248
1,607
2/4/2005
1
6)
No.
Town Clerk
B19
Salaries and Wages
B20
Expenses
Elections and Registrations
B21
Salaries and Wages
B22
Expenses
Casualty Insurance
B23
Expenses
General
B24
Salaries and Wages
B25
Expenses
Community. Services
B26
Salaries and Wages
B27
Expenses
Total Community
Services
C Finance
Finance Committee
C1 Salaries and Wages
C2 Expenses
C3 Reserve Fund
Assessment
C4
Salaries and Wages
C5
Expenses
Technology
C6
Salaries and Wages
C7
Expenses
Human Resources
C8
Salaries and Wages
C9
Expenses
General
C10
Salaries and Wages
C11
Expenses
Finance
C12
Salaries and Wages
C13
Expenses
2/4/2005
TOWN OF READING, MASSACHUSETTS - FISCAL YEAR 2006 BUDGET
Actual
Actual
Budget
Recommended
Additional
Percent
$
Expenditures
Expenditures
(Revised)
Budget
Reduction
Increase
Difference
FY - 2003
FY - 2004
FY .2005.
FY - 2006
Reauired
05 to '06
05 to '06
50,660
53,173
55,221
57,430 `
4.00%
958
505
1,100
1,650 ;
50.00%
28,147
15,774
34,170
13,056
-61.79%
30,565
30,502
23,338
24,745
6.03%
205,264
295,092
303,263
j
319,561
k
5.37%
16,298
188,559
197,357
210,110
1 217,3501
3.45%
71,053
62,475
76,230
77,950
2.26%
771,041
807,500 #
856,595
# 892,776
4.22%
507,765
579,931
587,607
605,247
3.00%
i
1,278,806
1,387,431
1,444;202
1,498,023
$5,538 1
i
3.73%
53,821
235
365
900
i
i.
900
,
0.00%
37,611
34,000
34,750
39,850
14.68%
150,000
150,000
0.00%
99,676
104,597
108,680
115,996
6.73%
8,625
58,986
35,900
24,450
-
-31.89%
78,748
88,277
112,169
114,437 1 `
2.02%
94,640
134,087
127,702
130,725
2.37%
40,058
42,006
43,625
j
1 43,007
-1.42%
16,097
12,054
37,760
14,145 `
-62.54%
239,684
238,309
273,136
1 287,2641
5.17%
55,755
44,826
49,011
50,384 !
2.80%
458,401
473,554
538,510
561,604
4.29%
212,728
283,953
435,123
409,554
-5.88%
2
ON
No.
Total Finance
D Librarv
Library
D1 Salaries and Wages
D2 Expenses
Total Library
E Public Safetv
Police
E1
Salaries and Wages
E2
Expenses
Fire / Emergency Management
E3
Salaries and Wages
E4
Expenses
Dispatch
E5
Salaries and Wages
E6
Expenses
Public Safety
E7
Salaries and Wages
E8
Expenses
Total Public Safety
F Public Works
Administration
F1 Salaries and Wages
F2 Expenses
Engineering
F3 Salaries and Wages
F4 Expenses
Highway and Equip. Maint.
F5 Salaries and Wages
F6 Expenses
TOWN OF READING, MASSACHUSETTS - FISCAL YEAR 2006 BUDGET
Actual
Actual
Budget
Recommended
Additional
Percent
$
Expenditures
Expenditures
(Revised)
Budget
Reduction
Increase
Difference
FY - 2003
FY - 2004
FY - 2005
FY - 2006
Required
05 to '06
05 to '06
671,129
757,507
973,633
971,158
E
$3,590
-0.25%
(2,475)
643,613
679,194
707,642
741,134
4.73%
150,670
189,805
197,432
205,181 ;
3.92%
794,283
868,999
905,074
946,315
$3,498
4.56%
41,241
2,687,865
2,792,204
3,029,651
3,033,942
$11,216.
0.14%
168,032
215,430
219,892
224,611
$830;
2.15%
2,578,147.
2,784,124
2,854,129
2,954,866
$10,923
3.53%
52,285
96,986
84,965
96,396
i
$356
13.45%
286,220
299,647
332,271
329,866
$1,219
-0.72%
38,074
38,183
38,241
39,197
$145
2.50%
5,552,232
5,875,975
6,216,051
6,318,674:.
1.65%
258,391
350,599
343,098
360,204
4.99%
$
$
$
$
5,810,623
6,226,574
6,559,149
6,678,878 t
$24,690
1.83%
119,729
81,400
82,985
86,136
89,025
3.35%
4,859
5,626
5,613
5,613
i
0.00%
215,792
209,615
246,880
226,139
-9.14%
14,450
9,708
14,040
14,040
i
0.00%
584,903
682,026
675,338
741,162
9.75%
279,654
339,941
265,951
314,425
18.23%
2/4/2005 3
9
TOWN OF READING, MASSACHUSETTS - FISCAL YEAR 2006 BUDGET
No.
Parks and Forestry
F7 Salaries and Wages
F8 Expenses
Recreation
F9 Salaries and Wages
F10 Expenses
Public Works (Sub-Total)
F11 Salaries and Wages
F12 Expenses
F13
Street Lighting
F14
Rubbish Collection / Disposal
F15
Snow and Ice Control
Cemetery
F16
Salaries and Wages
F17
Expenses
F18
Puplic Works Site Clean-up
Public Works
F19
Salaries and Wages
F20
Expenses
Total Public Works
Town Total - Salaries/Wages
Town Total - Expenses
TOWN TOTAL
Actual
Actual
Budget
Recommended Additional
Percent $
Expenditures
Expenditures
(Revised)
Budget Reduction
Increase Difference
FY - 2003
FY - 2004
FY - 2005
FY - 2006 Required
05 to 'O6 05 to '06
$
$
$
$ -
293,744
280,336
335,850
376,563 ;
12.12%
48,995
51,482
66,477
76,553
11.79%
46,532
110,618
114,849 P
3.82%
1,661
23,280
1,222,371
1,254,962
1,456,822
ii
1,547,738 1
6.24%
349,619
430,037
354,081
410,631
15.97%
183,057
172,872
200,000
190,000 ;
-5.00%
1,029,355
1,076,261
1,360,648
1,438,856
5.75%
489,068
385,931
307,086
334,682
8.99%
76,055
85,655
124,287
124,610 '
0.26%
61,690
64,642
69,590
69,490 j
-0.14%
1,298,426
2,112,789
3,411,215
8,828,729
3,243,435
12,072,164
1,340,617
2,129,743
3,470,360
9,290,036
3,535,160
12,825,196
1,581,109
2,291,405
3,872,514
10,016,174.
3,856,006
13,872,180
,
i
1,672,348
2,443,659
$
4,116,0071-1 $15,216 1
10,311,846
4,025,207
14,337,053 j $53,000 1
i
5.77%
6.64%
6.29%
243,493
2.95%
295,672
4.39%
169,201
3.35%
464,873
G
Buildina Maintenance
School Buildings
G1
Salaries and Wages
1,005,784
G2
Expenses
1,544,915
Town Buildings
G3
Salaries and Wages
131,543
G4
Expenses
407,398
Total Building Maintenance
3,089,640
1,073,395
1,188,060
1,345,573
1,913,021
1,667,222
1,938,965
141,107
132,284
147,316
434,253
457,500
522,775
3,561,776
3,445,066
3,954,629
2/4/2005 4
13.26%
16.30%
11.36%
14.27%
14.79%
509,563
D
TOWN OF READING, MASSACHUSETTS -FISCAL YEAR 2006 BUDGET
Actual
Actual
Budget
Recommended Additional
Percent
$
Expenditures
Expenditures
(Revised)
Budget Reduction
Increase
Difference
No.
FY - 2003
FY - 2004
FY - 2005
FY - 2006 Required
05 to '06
05 to '06
$
$
$
$
H-1 Schools
H School
24,734,092
25,508,410
27,921,916
28,711,026
2.83%
789,110
I Northeast Regional Voc. Asmt.
156,946
196,973
208,150
213,354
2.50%
5,204
Total Schools
24,891,038
25,705,383
28,130,066
28,924,380
2.82%
794,314
J Debt Service and Capital
J1 Debt Service 3,897,129 4,178,178 6,790,140 6,898,508 1.60% 108,368
Capital Projects
J2
Town Technology
9,000
72,000
J3
Library Technology
10,000
10,000
J4
School Technology
25,000
J5
P.S. Communication Equip.
250,000
J6
Fire Equipment
15,000
29,952
30,000
167,000
J7
School Building Imp.
650,000
J8
Town Bldg Imp.
22,000
J9
Hwy Equipment/signs
65,000
175,000
124,000
J10
Roadway Improvements
300,000
307,500
315,188
J11
Stormwater Management
100,000
J12
Sidewalk / Curb
50,000
J13
Playground Upgrade
7,500
.12,500
20,000
J14
Flexible Account
10,000
8,611
10,000
10,000
Total Capital Projects
25,000
442,063
1,470,000
868,188 40.94% (601,813)
Total Debt and Capital
3,922,129
4,620,241
8,260,140
7,766,696 -5.97% (493,445)
K Emolovee Benefits
K1 Contributory Retirement 2,136,600 2,186,300 2,407,094 2,463,851 2.36%
K2 Non-Contrib. Retirement 99,183 93,745 97,625 99,257 1.67%
K3 Unemployment Benefits 78,167 47,685 75,000 60,000 -20.00%
K4 Group Health / Life Ins. 3,880,899 4,341,283 4,709,330 5,749,961 22.10%
K5 Medicare / Social Security 436,765 493,385 495,350 530,211 7.04%
K6 Workers Compensation 171,068 192,804 223,650 1 225,5281 0.84%
K7 Police / Fire Indemnification 36,985 66,147 36,000 50,000 38.89%
K8 Total Employee Benefits 6,839,667 7,421,349 8,044,049 9,178,808 14.11% 1,134,759 lot
2/4/2005 5
Q 1_0V
TOWN OF READING, MASSACHUSETTS - FISCAL YEAR 2006 BUDGET
Actual
Actual
Budget
Recommended Additional
Percent
$
Expenditures
Expenditures
(Revised)
Budget Reduction
Increase
Difference
No.
-
FY .2003
FY - 2004
FY - 2005
FY - 2006 Reauired
05 to '06
05 to '06
$
$
$
$
Enterprise Funds
L
Water Fund
L1
Salaries and Wages
726,725
782,690
804,548
828,569
2.99%
1.2
Expenses
1,226,931
1,239,294
1,364,961
1,542,169
12.98%
L3
Debt Service
127,419
218,622
555,501
154.09%
L4
Capital Outlay
793,341
642,244
521,600
538,000
3.14%
Total Water Fund
2,746,997
2,791,647
2;909,731
3,464,239
19.06%
554,508
M
Sewer Fund
M1
Salaries and Wages
191,172
214,833
221,392
234,084
5.73%
M2
Expenses
3,232,913.
3,261,589
3,458,731
3,490,674
0.92%
M3
Debt Service
132,190
132,190
0
83,677
M4
Capital Outlay
327,104
333,489
386,700
290,000
-25.01%
Total Sewer Fund
3,883,379
3,942,101
4,066,823
4,098,435
0.76%
31,612
2/4/2005 6
Town of Reading FY - 2006 Budget Accounting
Budget Summary (Form A) Accounting - 025
Summary: Al & A2
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Budaet Summarv FY - 2003
FY - 2004
FY - 2005
FY - 2006
Salaries and Wages (Form B) 105,016
113,196
116,267
125,319
Expenses (Form C) 1,092
1,129
1,341
1,362
Totals 106,108
114,325
117,608
126,681
Revenue and Staffina
Revenues
Staffing 2.6 2.6 2.6 2.5
Commentarv
The Accounting Department is responsible for maintaining financial records that facilitate the preparation of
financial reports and schedules that provide meaningful, accurate information for comparability and for
managements decision making process. The Accounting Department ensures that financial transactions are
in compliance with legal requirements and are properly recorded on a timely basis.
The current Town Accountant has announced his intention to retire at the end of September 2005. Included
in the budget this year is provision for "overlap of new TA", equal to 8 weeks of pay, which is determined as
being 3 weeks of overlap plus vacation pay for 4 weeks to the current Town Accountant.
31-Jan-05
Town of Reading FY-2006 Budget Accounting
Salaries and Wages (Form B) Accounting - 025
Summary: Al
Annual
Adopted
Actual
Actual
Budget
FTE
Expenditures
FTE
Expenditures
FTE
(Revised)
Classification
#
FY - 2003
#
FY - 2004
#
FY - 2005
Town Accountant
1.0
74,757
1.0
76,910
1.0
78,339
Asst. Town Accountant
0.2
4,311
0.2
4,171
0.2
8,668
Administrative Assistant
0.8
19,261
0.6
20,204
0.6
21,047
Account Clerk
0.6
21,515
0.8
27,355
0.8
24,068
Overlap of New TA
Totals
Source of Fundino
Water Fund
Sewer Fund
Electric Fund
General Fund (Form A)
2.6 119,844
3,707
3,707
7,414
105,016
2.6 128,640 2.6
3,861
3,861
7,722
113,196
132,122
3,964
3,964
7,927
116,267
Recommender
FTE Budget
# FY - 2006
1.0 80,332
0.1 4,496
0.6 21,852
0.8 24,955
10,772
2.5 142,407
4,272
4,272
8,544
$
125,319
Town of Reading FY - 2006 Budget
Expenses (Form C)
Accounting
Accounting - 025
Summary; A2
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Classification FY - 2003
FY - 2004
FY - 2005
FY - 2006
Supplies 252
239
325
350
Professional Development 804
947
900
900
Travel Reimbursement 216
123
300
300
Totals
1,272
1,309
1,525
1,550
Source of Fundino
Water Fund
45
45
46
47
Sewer Fund
45
45
46
47
Electric Fund
90
90
92
94
General Fund (Form A)
1,092
1,129
1,341
1,362
31-Jan-05
Town of Reading FY - 2006 Budget Community Services
Budget Summary (Form A) Health - 511
Summary: B6 & B7
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Budoet Summarv FY - 2003
FY - 2004
FY - 2005
FY - 2006
Salaries and Wages (Form B) 101,997
105,856
116,233
130,641
Expenses (Form C) 48,247
47,969
47,751
48,841
Totals 150,244
153,825
.163,984
179,482
Revenue and Staffina,
Revenues
Staffing 3.2 2.3 3.2 3.5
Commentarv
The position of Public Health Nurse had to be re-classified in 2004, because after a vacancy in the position
we were unable to fill it for the previous salary.
This budget reflects an increase of 2 hours per week hours for the Public Health Nurse (PHN) position, and
4 hours a week for the Inspector's position. New development has added significantly to the Inspector's
workload, due to additional restaurants and other commercial uses. The weekly schedule would increase
from 19 hours a week to 23 hours per week The workload of the PHN has increased significantly because of
more communicable diseases in the community, a fairly recent but continuing trend. The hourly schedule
would increase from 24 hours to 26 hours per week.
27-Jan-05
Town of Reading FY - 2006 Budget
Salaries and Wages (Form B)
Community Services
Health - 511
Summary: B6
Annual.
Adopted
Actual
Actual
Budget
Recommender
FTE
Expenditures
FTE
Expenditures
FTE
(Revised)
FTE
Budget
Classification
#
FY - 2003
#
FY - 2004
#
FY - 2005
#
FY - 2006
Health Services Admin.
1.0
52,184
1.0
56,694
1.0
59,058
1.0
61,309
Tobacco Control Coord..
0.9
3,731
Public Health Nurse
0.6
25,419
0.6
22,402
0.6
27,737
0.8
31,166
Health Inspector
0.5
20,821
0.5
21,108
0.5
23,232
0.6
30,427
Sealer of Weights & Meas.
0.1
8,905
0.1
10,346
1.0
14,271
1.0
45,739
Nurses (Flu,Hep B,Adol)
0.1
1,151
0.1
1,542
0.1
1,935
0.1
2,000
Totals
Source of Funding
State Grant - SWM
General Fund (Form A)
3.2 112,211 2.3
10,214
101,997
$
112,092
6,236
105,856
3.2 126,233 3.5
10,000
116,233
170,641
40,000
130,641
Town of Reading FY - 2006 Budget Community Services
Expenses (Form C) Health - 511
Summary:
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget.
Classification
FY - 2003
FY - 2004
FY - 2005
FY - 2006
Animal Disposal
4,607
4,709
3,793
3,869
Contractual Services
2,540
530
Riverside Community Care
6,557
6,556
6,700
6,868
E.M.A.R.C.
8,220
7,535
10,566
10,830
Mosquito Control
22,724
22,724
23,292
23,874
Clinics
839
1,910
1,500
1,500
Educational Supplies
1,473
1,700
400
400
Travel Reimbursement
1,287
1,064
1,500
1,500
Weights and Measures
11,044
1,241
5,000
0
Totals 59,291 47,969 52,751 48,841
Source of Fundinq
Grant -SWM 11,044 5,000 0
General Fund (Form A) 48,247 47,969 47,751 48,841-
27-Jan-05
Town of Reading FY - 2006 Budget Community Services
Budget Summary (Form A) Law - 041
Summary: B16, B17 & B18
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Budget Summary FY - 2003
FY - 2004
FY - 2005
FY - 2006
Salaries and Wages (Form B) 0
0
0
0
Expenses (Form C) 144,804
121,125
123,000
119,200
Totals 144,B04
121,125
123,000
119,200
Revenue and Staffino
Revenues
Staffing 0.0 0.0 0.0 0.0
Commentarv
The Town secured proposals for legal services 2 years ago. The firm of Brackett and Lucas was selected.
The rate in the FY 2005 budget reflects a $10 per hour increase, per the proposal as accepted by the Board of
Selectmen. The budget also reflects the offset of a portion of the expense by the water/sewer enterprise. In
FY 2005, over $4000 was charged to the water enterprise for work on the Water Treatment Plant project and
issues related to the water meter installation. In FY 2005, expenses related to the water and sewer enterprise
systems are higher than for FY 2004, and the proposed budget reflects that fact..
Labor Counsel expenses for FY 2005 will exceed the budget for that item, due to the fact that all Town
labor contracts are being negotiated in FY 2005. The amount proposed for FY 2006 should be adequate for
labor counsel services.
3-Feb-05
Town of Reading FY - 2006 Budget
Expenses (Form C)
Community Services
Law - 041
Summary: B16, B17 & B18
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Classification
FY - 2003
FY - 2004
FY - 2005
FY - 2006
Town Counsel
101,417
111,144
115,000
124,200
Labor Counsel
9,139
8,374
8,000
5,000
Special Counsel
34,248
Other Expenses
1,607
Totals 144,804 121,125 123,000 129,200
Source of Fundina
watelsewerr enterprise 10,000
General Fund (Form A) 144,804 121,125 123,000 119,200
3-Feb-05
Town of Reading FY - 2006 Budget
Budget Summary (Form A)
Community Services
Insurance - 850
Summary: B23
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Budoet Summarv FY.- 2003
FY - 2004
FY - 2005
FY - 2006
Salaries and Wages (Form B) 0
0
0
0
Expenses (Form C) 205,264
295,092
303,263
319,561
Totals 205,264
295,092
303,263
319,561
Revenue and Staffing
Revenues
Staffing 0.0 0.0 0.0 0.0
Commentarv
The budget at this time reflects a 10% increase in premium. As the budget process moves forward we
would anticipate being able to fine tune this figure.
The budget also reflects an increased amount for deductibles, reflecting the experience of past years.
3-Feb-05
Town of Reading FY - 2006 Budget
Expenses(Form C)
Community Services
Insurance - 850
Summary: B23
Annual
Adopted
Actual
Actual
Budget
Expenditures -
Expenditures
(Revised).
Classification
FY - 2003
FY - 2004
FY - 2005
P & C Insurance Premiums (net)
213,809
306,195
312,890
Claims
623
(2;482)
4,000
Administration
995
Faithful Performance Bonds
Totals
214,432
304,708
316,890
Source of Fundina
Water Fund
4,031
4,228
6,022
Sewer Fund
5,137
5,388
7,605
General Fund (Form A)
205,264
295,092
303,263
Recommended
Budget
FY - 2006
323,051
15,000
1,500
339,551
6,624
13,366
319,561
3-Feb-05
Town of Reading FY - 2006 Budget Community Services
Budget Summary (Form A) General - 015
Summary: B24 & B25
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Budqet Summarv FY - 2003
FY - 2004
FY - 2005
FY - 2006
Salaries and Wages (Form B) 188,559
197,357
210,110
217,350
Expenses (Form C) 71,053
62,475
76,230
77,950
Totals 259,612
259,832
286,340
295,300
Revenue and Staffing
Revenues
Staffing 7.4 6.7 6.7 6.7
Commentarv
27-Jan-05
Town of Reading FY - 2006 Budget
Salaries and Wages (Form B)
Community Services
General - 015
Summary:
Annual
Adopted
Actual
Actual
Budget
Recommender
FTE
Expenditures
FTE
Expenditures
FTE
(Revised)
FTE
Budget
Classification
#
FY - 2003
#
FY - 2004
#
FY - 2005
#
FY - 2006
Office Manager
1.0
41,342
1.0
43,387
1.0
45,081
1.0
46,784
Administrative Assistant
1.0
31,306
1.0
31,341
1.0
•32,377
1.0
33,649
Administrative Secretary
1.0
32,879
1.0
35,448
1.0
36,133
1.0
37,675
Clerks
3.9
70,493
3.0
79,740
3.0
83,674
3.0
86,228
Recording Secretary(s)
0.1
1,128
0.3
727
0.3
5,000
0.3
5,000
Temporary Position
0.4
8,243
0.4
3,058
0.4
4,220
0.4
4,389
Overtime / Out of Grade
31168
3,656
3,625
3,625
Sick Leave Buyback
Totals 7.4 188,559 6.7 197,357 6.7 210,110 6.7 217,350
Source of Funding
General Fund (Form A) 188,559 197,357 210,110 217,350
Town of Reading FY - 2006 Budget Community Services
Expenses (Form C) General - 015
Summary:
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Classification
FY - 2003
FY - 2004
FY - 2005
FY - 2006
Maintenance of Equipment
876
500
600
Advertising
581
273
1,500
1,000
Postage
28,042
22,886
31,000
31,000
Photocopy Equipment
15,781
14,333
20,000
18,750
(1,793)
Supplies
6,867
6,918
7,700
7,900
Printing & Stationery
5,096
4,846
2,000
5,000
Duplicating & Photo Supplies
1,587
120
150
0
Printing
75
0
Professional Development
8,834
12,972
10,305
10,500
Travel Reimbursement
3,119
41
3,000
3,200
Dues & Membership
851
760
inc in PD
inc in PD
Technical Publications
17
inc in PD
inc in PD
Subscriptions
278
243
inc in PD
inc in PD .
Rental of Facilities
Totals 71,053 62,475 76,230 77,950
Source of Funding
General Fund (Form A) 71,053 62,475 76,230 77,950
27-Jan-05
Town of Reading FY - 2006 Budget
Budget Summary (Form A)
Finance
Assessment - 031
Summary: C4 & C5
Annual
Adopted
Actual
Expenditures
Budaet Summarv FY - 2003
Salaries and Wages (Form B) 99,676
Expenses(Form C) 8,625
Totals 108,301
Revenue and Staffinq
Revenues
Staffing 2.0
Commentarv
Actual
Budget
Recommended
Expenditures
(Revised)
Budget
FY - 2004
FY - 2005
FY - 2006
104,597
108,680
115,996
58,986
35,900
24,450
163,583
144,580
140,446
2.0
2.0
3.0
The Assessors are requesting a new position, that of Associate Appraiser in order to keep up with the
State's requests for additional data collection. The position would be slated as a Grade 7 Step, with an
annual salary of $ 34,568. The Town Manager is not recommending this position at this time. The position of
Assistant Appraiser was established for the purpose of data collection, and there is a turnover in the position.
We will need to evaluate whether that position can be re-focused on doing an adequate job of data collection
to meet the goal of inspecting new construction every year, and inspecting every property in Reading within 9
years as required by the State. The Town Manager is recommending that the Assessors contract with a
local appraisal firm to recollect data for tax exempt property and personal property, both new requirements by
the State. $ 15,000 has been added.to the expense budget for this purpose.
The expense budget request contained $15,000 in funds for hiring outside appraisers to help in the
assessing of the new commercial developments. As part of the establishment of the revolving funds for fees
for new projects, the use of the revolving funds for initial appraisals of large projects is permitted, and
therefore that line item has been reduced to its more normal amount.
4-Feb-05
Town of Reading FY - 2006 Budget
Salaries and Wages (Form B)
Finance
Assessment - 031
Summary: C4
Annual
Adopted
Actual
Actual
Budget
Recommende(
FTE
Expenditures
FTE
Expenditures
FTE
(Revised)
FTE
Budget
Classification
#
FY -2003
#
FY - 2004
#
FY - 2005
#
FY - 2006
Appraiser
1.0
59,136
1.0
62,055
1.0
64,480
1.0
70,149
Assistant Appraiser
1.0
40,540
1.0
42,542
1.0
44,200
1.0
45,847
Associate Appraiser
1.0
* new position request
Totals
2.0
.99,676
2.0
104,597
2.0
108,680
3.0
115,996
Source of Fundina
General Fund (Form A) 99,676 104,597 108,680 115,996
Town of Reading FY - 2006 Budget
Expenses (Form C)
Classification
Equipment Maintenance / Repair
Recording Fees
Appraisal Services
Supplies
Publications / Subscriptions
Travel Reimbursement
Pers. Prop. Cost Tables
Informational Hearings
Contracted Data Collection
Totals
Source of Fundinq
General Fund (Form A)
Finance
Assessment - 031
Summary: C5
Actual
Actual .
Expenditures
Expenditures
FY - 2003
FY - 2004
1,500
1,500
513
455
4,500
54,800
567
883
931
998
614
350
Annual
Adopted
Budget
(Revised)
FY - 2005
1,500
500
25,000
800
900
700
1,500
5,000
Recommended
Budget
FY - 2006
1,500
500
5,000
800
1,000
650
15,000
8,625 58,986 35,900 24,450
8,625 58,986 35,900 24,450
4-Feb-05
Town of Reading FY - 2006 Budget
Budget Summary (Form A)
Finance
Human Resources - 042
Summary: C8 & C9
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Budaet Summarv FY - 2003
FY - 2004
FY - 2005
FY - 2006
Salaries and Wages (Form B) 40,058
42,006
43,625
43,007
Expenses (Form C) 16,097
12,054
13,760
14,145
Totals 56,155
54,060
57,385
57,152
Revenue and Staffinq
Revenues
Staffing 1.0 1.0 1.0 1.0
Commentarv
4-Feb-05
Town of Reading FY - 2006 Budget
Salaries and Wages (Form B)
Finance
Human Resources - 042
Summary: C8
Annual
Adopted
Actual
Actual
Budget
Recommender
FTE Expenditures FTE
Expenditures FTE
(Revised)
FTE Budget
Classification # FY - 2003 #
FY - 2004 #
FY - 2005
# FY - 2006
Human Resources Admin. 1.0 50,660 1.0
53,173 1.0
55,222
1.0 54,439
Totals
Source of Fundina
Water Fund
Sewer Fund
Electric Fund
General Fund (Form A)
$
1.0 50,660
2,525
2,525
5,552
40,058
1.0 53,173 1.0
2,659
2,659
5,849
42,006
55,222
2,761
2,761
6,075
43,625
1.0. 54,439
2,722
2,722
5,988
43,007
Town of Reading FY - 2006 Budget Finance
Expenses (Form C) Human Resources - 042,
Summary: C9
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Classification FY - 2003
FY - 2004
FY - 2005
FY - 2006
Advertising 9,110
8,640
7,500
9,000
Medical Services 8,223
4,447
7,500
6,448
Printing 564
767
1,000
1,000
Totals 17,897 13,854 16,000 16,448
Source of Funding
Water Fund 900 900 1,120 1,151
Sewer Fund 900 900 1,120 1,151
Electric Fund
General Fund (Form A) 16,097 12,054 13,760 14,145
4-Feb-05
Town of Reading FY - 2006 Budget
Finance
Budget Summary (Form A)
General - 035
Summary:
C10 & C11
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Budoet Summarv
FY - 2003
FY - 2004
FY - 2005
FY - 2006
Salaries and Wages (Form B)
239,684
238,309
263,136
287,264
Expenses (Form C)
55,755
44,826.
49,011
50,384
Totals
295,439
283,135
312,147
337,648
Revenue and Staffing
Revenues
43,856
40,000
Staffing
8.7
8.5
8.6
9.1
Commentary
The general finance budget carries the Finance Director position as a Grade 18, Step 10. The current
Finance Director is retiring, and we are working on a model of replacing the Finance Director who is also the
Treasurer/Collector With a Finance Director/Assistant Town Manager position. There is a lot of work to be
done to implement such an arrangement. Details of the budget and changes in job descriptions will be
presented as they are completed.
4-Feb-05
Town of Reading FY - 2006 Budget
Salaries and Wages (Form B)
Finance
General - 035
Summary: C10
Annual
Adopted
Actual
Actual
Budget
FTE
Expenditures
FTE
Expenditures.
FTE
(Revised)
Classification
#
FY - 2003
#
FY - 2004
#
FY - 2005
Finance Director/Asst. TM
1.0
78,437
1.0
82,314
1.0
83,840
Treasurer/Collector
1.0
42,976
1.0
35,181
1.0
45,003
Administrative Assistants
3.0
108,126
3.0
100,022
3.0
103,943
Clerks
3.7
80,443
3.5
95,521
3.6
105,903
Overtime (out of grade)
643
750
Step Increases
Totals
Source of Fundina
Water Fund
Sewer Fund
Electric Fund
General Fund (Form A)
8.7 310,625 8.5
20,900
20,900
29,141
239,684
313,038
22,143
22,143
30,443
238,309
Recommended
FTE
Budget
#
FY - 2006
$
1.0
71,410
1.0
58,275
3.0
115,621
4.1
120,907
750
3,700
8.6 339,439 9.1
22,064
22,064
32,175
263,136
370,663
24,093
24,093
35,213
287,264
4-Feb-05
Town of Reading FY - 2006 Budget Finance
Expenses (Form C) General - 035
Summary: C11
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Classification
FY - 2003
FY - 2004
FY - 2005
FY - 2006
Tax Title Services
7,581
8,167
8,500
8,500
Banking Services
24,018
23,032
18,500
23,500
Postage
33,980
26,303
32,125
29,000
Supplies
4,215
3,918
4,846
4,850
Professional Development
2,381
1,706
2,600
2,600
Travel Reimbursement
101
100
100
Equipment
Totals
72,276
63,126
66,671
68,550
Source of Fundina
Water Fund
5,532
5,850
6,000
6,170
Sewer Fund
5,532
5,850
6,000
6,170
Electric Fund
5,457
6,600
5,660
5,827
General Fund (Form A)
55,755
44,826
49,011
50,384
4-Feb-05
Town of Reading FY - 2006 Budget Public Safety
Budget Summary (Form A) Police -11 I
Summary: E1 & E2
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Budget Summarv FY - 2003
FY - 2004
FY - 2005
FY - 2006
Salaries and Wages (Form B) 2,687,865
2,792,204
3,029,651
3,033,942
Expenses (Form C) 168,032
215,430
219,892
224,611
Totals 2,855,897
3,007,634
•3,249,543
3,258,553
Revenue and Stafflno
Revenues
Staffing 403 40.3 40.8 40.8
Commentarv
The FY 06 Police Budget reflects current negotiated salaries. Contracts not finalized reflect an estimated
increase. The overtime budget is increased by 2.5%. The expense budget is increased primarily in the areas
of fuel, traffic signals and vehicle supplies and repair.
The FY 2006 budget reflects the retirement of the Police Chief in 2005, and internal replacement of the
Chief with a current employee from the department.
The budget also reflects the addition of 3 crossing guards in order to implement the elementary school
redistricting plan. As this plan is evaluated, this number may change.
2-Feb-05
Town of Reading FY - 2006 Budget
Salaries and Wages (Form B)
Public Safety
Police -111
Summary: E1
Annual
Adopted
Actual
Actual
Budget
Recornmendec
FTE
Expenditures
FTE
Expenditures
FTE
(Revised)
FTE
Budget
Classification
#
FY - 2003
#
FY - 2004
#
FY - 2005
#
FY - 2006
Chief
1.0
109,606
11.0
115,057
1.0
117,194
1.0
107,561
Lieutenants
3.0
259,909
3.0
269,518
3.0
274,269
3.0
278,641
Sergeants
7.0
512,626
7.0
531,027
7.0
540,474
7.0
557,618
Detectives
3.0
173,661
3.0
178,961
3.0.
182,754
3.0
187,342
Officers
24.0
1,199,473
24.0
1,230,419
24.0
1,335,217
24.0
1,357,911
Clerks
2.0
60,841
2.0
64,590
2.0
67,122
2.0
69,615
Parking Enforcement
4,289
4,273
0.5
13,357
0.5
13,843
Animal Control Officer
0.3
10,016
0.3
10,370
0.3
11,814
0.3
12,249
School Traffic
104,788
102,946
115,495
139,080
Overtime
163,693
173,859
164,510
168,622
Holiday
86,005
88,081
95,228
96,960
Temporary Positions
2,958
2,932
5,000
5,000
Buy Back (vacation and sick leave
88,217
20,500
Training
10,000
19,000
19,000
Details
10,171
Totals
40.3
2,687,865
40.3
2,792,204
40.8
3,029,651
40.8
3,033,942
Source of Funding
General Fund (Form A)
2,687,865
2,792,204
3,029,651
3,033,942
Town of Reading FY - 2006 Budget
Expenses(Form.C)
Public Safety
Police -111
Summary: E2
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Classification
FY - 2003
FY - 2004
FY - 2005
FY - 2006
Electricity (traffic Lights)
8,655
9,091
9,000
9,100
Equipment Maint/ Repairs
216
2,315
1,200
1,200
Bicycle Repairs
567
500
500
500
Traffic Light Repairs
5,304
11,789
5,514
7,500
Parking Program
9,146
12,902
8,500
8,500
Telephone (NEMLEC)
3,675
3,925
4,175
4,175
Postage
1,360
1,223
1,400
1,400
Photocopy Equipment
1,390
625
1,200
1,200
Fuel
26,175
32,976
24,324
28,000
Office Supplies
7,045
2,447
5,830
5,000.
Duplicating & Photo Supplies
2,116
2,509
4,000
3,000
Medical Supplies
100
100
Clothing / Uniforms
28,718
26,640
41,202
41,202
Vehicular Suppies & Repairs
16,682
13,647
11,834
13,331
Food / Groceries
287
493
200
200
Public Safety Supplies
2,389
5,670
7,110
7,000
Public Safety Supplies (Revolvers)
11,412
8,354
7,000
7,000
Firearm Renewal Supplies
300
300
Training
5,420
5,453
7,220
7,220
Special Investigations
95
253
400
400
Professional Development
.1,194
850
1,280
1,280
Travel Reimbursement
185
81
300
200
Equipment/ Furniture
868
609
1,000
500
Communications
9,048
18,930
18,553
18,553
Radar Unit
2,287
607
3,750
3,750
Vehicle(s)
22,253
51,224
52,000
52,000
Kennel Boarding
250
1,000
1,000
Kennel Fees
267
1,000
1,000
ACO Automotive Repair
200
198
Inc above
ACO Other Expenses
828
2,119
Inc above
Totals
168,032
215,430
219,892
224,611
Source of Funding
General Fund (Form A) 168,032 215,430 219,892 224,611
Town of Reading FY - 2006 Budget Public Safety
Budget Summary (Form A) Fire I Emergency Mgmt -121
Summary:
E3 & E4
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Budaet Summarv
FY - 2003 `
FY - 2004
FY - 2005
FY - 2006
Salaries and Wages (Form B)
2,578,147
2,784,123
2,854,129
2,954,866
Expenses (Form C)
52,285
96,986
84,965
96,396
Totals
2,630,432
2,881,109
2,939,094
3,051,262
Revenue and Staffino
Revenues
282,486
262,681
470,022
485,801
Staffing
44.0
44.0
48.0
48.0
Mission:
The Mission of Fire and Emergency Management is the protection of life, property and the environment. These
goals are achieved through the following activities:
Fire extinguishment Community emergency medical education (CPR and
defibrillator)
-Emergency Medical Services Emergency preparedness through planning and training
-Fire prevention -Maintaining and expanding emergency/ fire alarm system
-Fire safety education -Environmental protection
Significant Events:The Fire Department's Advanced Life Support (Paramedic) program is a tremendous
success. The most significant indicator of the quality of our program is our cardiac patient's resuscitation rate.
Of the patients found in cardiac arrest 35% have been successfully resuscitated, this resuscitation rate is an
outstanding achievement. Asa result of recent world events Emergency Management has assumed a more
active role. The Town of Reading is in compliance with all State and Federal regulations and all plans have
been reviewed to ensure they are up to date. This will ensure the community is ready to handle any type of
disaster whether natural or manmade, and is eligible to receive all available Federal and State funds.
Budoetarv Hiahliahts: The expense portion of the budget has been modified to clearly identify the E.M.S. costs.
The A.L.S.... medical services account has been reformatted to reflect the EN.S. equipment costs. This
account has been by increased by $2,000 in new funds, $7,000 was transferred from the equipment account and
$4,000 from the medical services account. The ambulance license and fees account has been changed to
ambulance services and has been increased by $1,000 that was transferred from the medical services account.
This account will be used to fund our State ambulance license, EMS Region fee, Controlled Substance
Registration and a service contract for our defibrillator monitor. The requested budget also recommends
increases to the following accounts: the fuel account to reflect actual costs and the training account to cover
cost of tuition for paramedic training for one Firefighter.
27-Jan-05
Town of Reading FY - 2006 Budget
Salaries and Wages (Form B)
Public Safety
Fire 1 Emergency Mgmt -121
Summary: E3
Annual
Adopted
Actual.
Actual
Budget
Recommender
FTE
Expenditures
FTE
Expenditures
FTE
(Revised)
FTE
Budget
Classification
#
FY - 2003
#
FY - 2004
#
FY - 2005
#
FY - 2006
Fire Chief
1.0
81,001
1.0
84,284
1.0
87,931
1.0
91,287
Secretary
1.0
35,684
1.0
36,390
1.0
37,232
1.0
38,173
Fire Prevention (Lieut.)
1.0
55,287
1.0
60,388
Captains
4.0
264,637
4.0
270,491
4.0
283,968
4.0
291,370
Lieutenants
4.0
261,337
4.0
318,259
4.0
234,562
4.0
242,384
Firefighters
33.0
1,452,078
33.0
1,604,323
36.0
1,738,712
36.0
1,782,657
Fire Alarm
1.0
8,338
1.0
12,478
1.0
13,549
1.0
13,888
Overtime
285,698
269,976
230,384
251,991
Holiday Pay
127,758
137,410
152,857
154,306
Sick Leave Buy back
37,724
38,763
19,647
20,570
Vacation Buyback
23,892
11,749
0
7,852
Totals 44.0 2,578,147 44.0 2,784,123 48.0 2,854,129 48.0 2,954,866
Source of Funding
General Fund (Form A) 2,578,147 2,784,123 2,854,129 2,954,866
Town of Reading FY - 2006 Budget
Expenses (Forrn C)
Public Safety
Fire / Emergency Mgmt -121
Summary: E4
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Classification
FY - 2003
FY - 2004
FY- 2005
FY - 2006
Maintenance and Repairs
Equipment Maint/Repairs
2,685
2,680
2,386
2,446
Apparatus Maintenance
509
1,376
1,000
1,025
Radio Maint/Repairs
2,328
2,696
2,060
2,112
Fire Alarm Maint/repairs
2,034
2,923
2,900
2,973
Fire Hose Replacement
632
0
1,000
1,025
Protective Firefighting Clothing
1,625
1,666
ALS Medical Services
Ambulance Services
2,200
3,250
ALS. Medical Supplies
9,980
6,800
19,970
Medical Services
2,200
5,000
0
Training
Training
1,707
5,786
11,500
14,900
Publications/Subscriptions
327
279
254
260
Professional Development
300
785
795
815
General Fire Expenses
Metrofie Dues
2,500
2,500
2,500
2,500
Other Expenses
1,912
(1,194)
1,500
1,538
Equipment
10,786
33,205
10,900
4,172
Office Supplies
.1,867
1,667
1,845
1,891
Fuel
9,932
11,404
10,000
13,000
Clothing-Firefighters
14,766
20,699
20,700
22,855
Totals 52,285 96,986 84,965 96,396
Source of Fundino
General Fund (Form A) 52,285 96,986 84,965 96,396
27-Jan-05
Town of Reading FY - 2006 Budget
Public Works
Budget Summary (Form A)
Highway & Equipment
Maint. - 303
Summary:
F5 & F6
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Budoet Summarv
FY - 2003
FY - 2004
FY - 2005
FY - 2006
Salaries and Wages (Form B)
584,903
682,026
675,338
741,162
Expenses (Form C)
279,654
339,941
262,951
314,425
Totals
864,557
1,021,967
938,289
1,055,587
Revenue and Staffinq
Revenues
Staffing
16.0
16.0
16.0
22.0
Commentarv
Highway and Vehicle Maintenance salaries increase by COLA as well as by the provisions of the union
contract. Two new laborer positions ($57,524) and four short-term seasonal laborer positions ($13,168) ere
requested to allow the Highway Division to address a backlog of drainage, roadway, and preventative
maintenance projects. Only the Seasonal positions are included inteh budget. Overtime has been increased
to reflect historical averages.
Expenses generally reflect a 2.8% increase. A $3,000 increase in Line Painting refects increasing
expenditures for traffic markings. A $5,000 increase in Highway Supplies has been included for drainage
maintenance and highway patching projects. Contractual Services Equipment Maintenance expenses have
increased due to higher costs for outsourced repairs on specialty equipment such as fire apparatus. A 30%
increase in fuel expenses reflects increased market prices for gasoline and diesel.
2-Feb-05
Town of Reading FY - 2006 Budget
Salaries and Wages (Form B)
Public Works
Highway & Equipment Maint. - 303
Summary: F5
Annual
Adopted
Actual
Actual
Budget
Recommender
FTE
Expenditures
FTE
Expenditures
FTE
(Revised)
FTE
Budget
Classification
#
FY - 2003
#
FY - 2004
#
FY - 2005
#
FY - 2006
Supervisor
1.0
59,654
1.0
62,608
1.0
63,768
1.0
65,396
Foreman
1.0
45,235
1.0
47,789
1.0
48,567
1.0
52,325
Working Foreman
2.0
78,967
2.0
82,707
2.0
84,648
2.0
90,394
Equip.Oper.
4.0
148,313
4.0
155,772
4.0
159,398
4.0
170,071
Skilled Laborer
2.0
37,870
Laborer
2.0
48,171
4.0
110,933
4.0
119,778
4.0
130,727
Master Mechanic
1.0
24,713
1.0
45,064
1.0
46,249
1.0
48,544
Mechanic 1
2.0
42,318
2.0
80,580
2.0
82,716
2.0
87,031
Mechanic II
1.0
40,657
1.0
31,835
1.0
33,805
1.0
35,350
Seasonal Laborer
4,403
Overtime
43,452
58,483
20,706
32,000
On-call Premium (OT)
11,218
11,756
Longevity
9,844
7,800
7,800
7,900
Grade Adjustments
7,906
5,855
4,485
4,700
Additional Staff
Laborer
2.0
Seasonal Laborer. S. Term
4.0 13,168
Totals 16.0
591,503
16.0 689,426
16.0 683,138
22.0 749,362
Source of Fundina
Water Fund.
4,900
5,500
5,800
6,100
Sewer Fund
1,700
1,900
2,000
2,100
General Fund (Form A)
584,903
682,026
675,338
741,162
Town of Reading FY - 2006 Budget Public Works
Expenses (Form C) Highway & Equipment Maint. - 303
Summary: F6
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Classification
FY - 2003
FY - 2004
FY - 2005
FY - 2006
Contractual Services:
Line Painting
15,054
15,054
15,054
18,054
Highway Patch
13,596
14,996
13,596
13,956
Equipment Maintenance
58,307
49,083
12,558
42,900
Police Details
7,658
7,279
6,150
6,300
General
7,336
6,402
7,961
8,961
Supplies:
Highway
43,757
47,496
40,974
42,121
Equipment Maintenance
125,521
166,032
141,552
145,515
Uniforms/Boots
6,464
8,250
8,456.
8,668
Licenses'
750
495
750
750
Engine Fuel
23,419
48,054
40,000
52,000
Totals
301,862
363,141
287,051
339,225
Source of Fundina
Water Fund
13,880
14,700
15,400
15,900.
Sewer Fund
8,328
8,500
8,700
8,900
General Fund (Form A)
279,654
339,941
262,951
314,425
2-Feb-05
Town of Reading FY - 2006 Budget
Public Works
Budget Summary (Form A)
Rubbish - 312
Summary:
F14
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Budaet Summarv
FY - 2003
FY - 2004
FY - 2005
FY - 2006
Salaries and Wages (Form B)
0
0
0
0
Expenses (Form C)
1,029,355
1,076,261
1,360,648
1,438,856
Totals
1,029,355
1,076,261
1,360,648
1,438,856
Revenue and Staffina
Revenue
Appliance Stickers
12,520
15,020
11,680
13,800
Bulk Item Stickers
14,460
17,180
19,000
15,820
CRT Disposal Stickers
6,340
7,780
3,310
7,060
Total Revenue
33,320
39,980
33,990
36,680
Staffing
0.0
0.0
0.0
0.0
Commentary
Increased cost of rubbish collection and curbside recycling reflect contract values. Spring general
cleanup week remain excluded for FY 2006. Rubbish disposal costs reflect an estimated tonnage times a
` rate increased by historical factors. Rubbish collection costs reflect an extension to our existing contract
for a fifth year plus an increase of $60,000 from the agreed to reduction in our FY 2004 rubbish costs.
The Christmas tree collection continues to be funded at a cost of $1,380.
The proposed budget would not re-institure curbside leaf collection at a cost of $8300.
3-Feb-05
Town of Reading FY - 2006 Budget
Public Works
Expenses (Form C)
Rubbish - 312
Summary:
F14
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Classification
FY - 2003
FY - 2004
FY - 2005
FY - 2006
Collection
364,230
376,350
611,730
645,730
Disposal
488,585
531,894
561,918
601,126
Curbside Recycling
161,000
161,000
171,000
176,000
Miscellaneous Recycling
15,540
7,017
16,000
16,000
Re-institure curbside leaf collection
Totals 1,029,355 1,076,261 1,360,648 1,438,856
Source of Fundina
General Fund (Form A) 1,029,355 1,076,261 1,360,648 1,438,856
3-Feb-05
Town of Reading FY - 2006 Budget
Budget Summary (Form A)
Public Works
Snow & Ice Control - 321
Summary: F15
Annual
Adopted
Actual
Expenditures
Budoet Summarv FY - 2003
Salaries and Wages (Form B) 163,921
Expenses (Form C) 325,147
Totals 489,068
Revenue and StafOnq
$
Revenues
Actual
Budget
Recommended
Expenditures
(Revised)
Budget
FY - 2004
FY - 2005
FY - 2006
130,798
54,975
57,514
255,133
252,111 '
277,168
385,931
307,086
334,682
Staffing 0.0 0.0 0.0 0.0
Commentarv
The Snow and Ice Removal budget is highly contingent upon the actual weather experience, as shown on
the attached Expenditure History. Additional expenses of $43,000 have been included due to sharp
increases in the market price of rock salt and fuel.
3-Feb-05
Town of Reading FY - 2006 Budget
Salaries and Wages (Form B)
Public Works
Snow & Ice Control - 321
Summary: F15
Annual
Adopted
Actual
Actual
Budget
Recommender
FTE Expenditures
FTE Expenditures FTE
(Revised)
FTE Budget
Classification
# FY - 2003
# FY - 2004 #
FY - 2005
# FY - 2006
Regular Time - Enterprise
848
19,784
9,500
9,950
Regular Time - Other
15,833
1,251
1,500
1,500
Overtime
147,240
109,763
43,975
46,064
Totals
0.0 163,921
0.0 130,798 0.0
54,975
0.0 57,514
Source of Fundina
General Fund (Form A)
163,921
130,798
54,975
57,514
Town of Reading FY - 2006 Budget
Expenses(Form C)
Classification
Contractued Plowing & Hauling
Police Details
Sand, Salt, CaCI Supplies
Fuel
Additional Expenses
Additional cost of Supplies - Salt
Additional cost of Supplies - Fuel
Totals
Source of Fundina
FEMA Reimbursement
General Fund (Form A)
Public Works
Snow & Ice Control - 321
Summary: F15
Actual
Actual
Expenditures
Expenditures
FY - 2003
FY - 2004
180,162
217,225
6,560
5,814
203,635
148,547
22,022
4,887
Annual
Adopted
Budget
(Revised)
FY - 2005
122,979
7,409
86,350
10,373
25,000
Recommended
Budget
FY - 2006
127,328
7,409
88,768
10,663
40,000
3,000
412,379 376,473 252,111 277,168
87,232 121,340
325,147 255,133 252,111
277,168
3-Feb-05
Town of Reading FY - 2006 Budget
Budget Summary (Form A)
Employee Benefits
Worker Compensation - 821
Summary: K6
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Budaet Summarv FY - 2003
FY - 2004
FY - 2005
FY - 2006
Salaries and Wages (Form B) 0
0
0
0
Expenses (Form C) 171,068
192,804
223,650
225,528
Totals 171,068
192,804
223,650
225,528
Revenue and Staffing
Revenues
Staffing 0.0 0.0 0.0 0.0
Commentarv
The Workers' Compensation figures for FY 2006 reflect an 8% increase from FY 2005. This number is
subject to change when we get actual figures from the Insurance Company, but should not be any higher.
The Water, Sewer, and Light Departments reimburse for their share of the Workers Compensation program
on an actuarial basis.
3-Feb-05
Town of Reading FY - 2006 Budget
Expenses (Form C)
Employee Benefits
Worker Compensation - 821
Summary: K6
Annual
Adopted
Actual
Actual
Budget
Recommended
Expenditures
Expenditures
(Revised)
Budget
Classification FY - 2003
FY - 2004
FY - 2005
FY - 2006 .
Insurance Premiums 256,521
279,804
315,000
317,645
Totals
256,521
279,804
315,000
317,645
Source of Fundina
Water Fund
14,789
15,000
15,750
15,882
Sewer Fund
6,803
7,000
7,350
7,412
Electric Fund
63,861
65,000
68,250
68,823
General Fund (Form A)
171,068
192,804
223,650
225,528
3-Feb-05