INTRODUCTION The Summary Section provides an overview of all budgeted funds for the upcoming year. These include the General Fund, Capital Project Improvement Fund (formerly Sales Tax Fund), Public Assistance Fund, Tourism Fund, Quarterpath Community Development Authority Fund, and the Utility Fund (which also includes capital improvements). Revenues and expenditures/expenses are categorized by type, in accordance with recommended standard formats of the Government Finance Officers Association, enabling consistency and comparability between all forms of local government. CONTENTS Page Budget Summary - All Funds ....................................................................................................... E-2 Budget Summary - All Funds-by Fund ........................................................................................ E-3 Budget Summary - General Fund................................................................................................ E-4 Revenue and Expenditure Highlights - General Fund ................................................................ E-6 Budget Summary by Major Funding Categories ....................................................................... E-14 Budget Summary - Utility Fund .................................................................................................. E-25 Revenue and Expense Highlights - Utility Fund ........................................................................ E-26 Budget Summary – Public Assistance Fund ............................................................................. E-32 Budget Summary – Tourism Fund ............................................................................................ E-33 Budget Summary – Quarterpath Community Development Authority Fund ............................ E-34 Schedules of Budgeted Revenues, Expenditures and Changes in Fund Balance/Working Capital/Graph ....................................................... E-35 Revenue and Expenditure Trends ............................................................................................. E-38 Supplemental Information: General Fund Revenues - Detail ........................................................................................... E-40 General Fund Expenditures - Detail ...................................................................................... E-43 Tourism Fund Revenues and Expenditures – Detail ......................................................... E-60 Utility Fund Revenues - Detail ............................................................................................... E-62 Utility Fund Expenses - Detail ............................................................................................... E-63 Staffing Levels ....................................................................................................................... E-66 E-1 CITY OF WILLIAMSBURG ALL FUNDS - FISCAL YEAR 2022 Proposed Estimated Actual FY 2022 FY 2021 FY 2020 REVENUES General Property Taxes $ (18,153,500) $ (15,987,450) $ (15,424,570) Other Local Taxes (18,259,100) (16,098,507) (19,315,208) Licenses and Permits (158,500) (231,950) (501,907) Fines (200,000) (170,000) (218,387) Use of Money & Property (596,719) (627,022) (1,242,639) Charges for Services (7,028,505) (6,365,898) (7,176,214) Miscellaneous (3,372,389) (3,402,428) (3,200,088) Intergovernmental (6,695,213) (10,282,054) (6,908,706) Transfers From Fund Bal./Net Pos. (9,024,018) (9,392,495) (3,688,734) Other Financing Sources (738,190) - - Total Revenues $ (64,226,134) $ (62,557,804) $ (57,676,453) EXPENDITURES / EXPENSES General Gov't Administration $ 5,983,885 $ 7,159,776 $ 4,978,428 Judicial Administration 530,000 450,000 409,373 Public Safety 16,212,781 12,082,231 11,597,115 Public Works 7,357,140 7,177,839 8,188,565 Public Utilities 7,713,601 7,109,427 6,835,068 Health and Welfare 4,872,904 5,084,186 3,807,867 Education 10,058,784 11,605,227 10,355,109 Parks, Rec., and Cultural 2,777,043 2,892,619 2,302,994 Community Development 1,964,676 1,804,891 2,199,339 Tourism Development Fund 5,106,287 4,367,318 2,934,688 Debt Service 1,649,033 1,869,538 1,671,149 Total Before Transfers $ 64,226,134 $ 61,603,052 $ 55,279,693 Transfers to Fund Balance/Net Position - $ 954,752 2,396,760 Total Expenditures/ Expenses/ Transfers $ 64,226,134 62,557,804 $ 57,676,453 E-2 CITY OF WILLIAMSBURG BY FUNDS - FISCAL YEAR 2022 CAPITAL TOURISM PUBLIC GENERAL IMPROVEMENTS DEVELOPMENT UTILITY ASSISTANCE QUARTERPATH GRAND REVENUES FUND PROJECTS FUND FUND FUND* FUND CDA** TOTAL General Property Taxes $ (18,153,500) $ - $ - $ - $ - $ - $ (18,153,500) Other Local Taxes (12,016,100) (4,050,000) (2,193,000) - - - (18,259,100) Licenses and Permits (158,500) - - - - - (158,500) Fines (200,000) - - - - - (200,000) Use of Money & Property (376,719) (200,000) - (20,000) - - (596,719) Charges for Services (415,425) - (6,613,080) - - (7,028,505) Miscellaneous (2,255,663) - (247,000) (250,000) (619,726) (3,372,389) Intergovernmental (2,736,055) (1,202,770) - - (2,756,388) - (6,695,213) Other Financing Sources - (738,190) - - - - (738,190) Transfer from F.B./Net Pos.*** (3,253,267) (3,791,819) (708,287) (1,270,645) - - (9,024,018) Transfer from General Fund - (1,376,738) (2,205,000) - (3,581,738) Transfer from Utility Fund - (300,000) - - - - (300,000) Transfer from Sales Tax Fund - - - - - - - Total $ (39,565,229) $ (11,659,517) $ (5,106,287) $ (8,150,725) $ (3,006,388) $ (619,726) $ (68,107,872) EXPENDITURES / EXPENSES General Gov't Admin. $ 5,638,885 $ 345,000 $ - $ - $ - $ - $ 5,983,885 Judicial Administration 490,000 40,000 - - - - 530,000 Public Safety 11,578,681 4,634,100 - - - - 16,212,781 Public Works 3,716,370 3,640,770 - - - - 7,357,140 Public Utilities - 7,713,601 - - 7,713,601 Health and Welfare 1,866,516 - - 3,006,388 - 4,872,904 Education 9,230,331 828,453 - - - - 10,058,784 Parks, Rec., and Cultural 2,377,043 400,000 - - - - 2,777,043 Community Development 1,085,665 259,285 - - - 619,726 1,964,676 Tourism Development Fund 5,106,287 - - - 5,106,287 Debt Service - 1,511,909 - 137,124 - - 1,649,033 Total Before Transfers $ 35,983,491 $ 11,659,517 $ 5,106,287 $ 7,850,725 $ 3,006,388 $ 619,726 $ 64,226,134 Transfer to Tourism Fund $ 2,205,000 $ - $ - $ - $ - $ - $ 2,205,000 Transfer to General Fund - - - - - - - Transfer to Capital Project Fund 1,376,738 - - 300,000 - - 1,676,738 Total Expenditure / Expense & Transfers $ 39,565,229 $ 11,659,517 $ 5,106,287 $ 8,150,725 $ 3,006,388 $ 619,726 $ 68,107,872 * Includes Utility Fund Capital Projects ** Quarterpath CDA is a fiduciary fund for collection & remittance of special assessments each year. *** Fund Balance/Net Position Transfers are not netted on this presentation for transparency. Reconciliation to All Funds Statement: Total By Funds Statement $ 68,107,872 Less transfers between Funds 3,881,738 Total All Funds Statement $ 64,226,134 E-3 CITY OF WILLIAMSBURG GENERAL FUND - FISCAL YEAR 2022 TRANSFER FROM INTERGOVERNMENTAL GENERAL G/F RESERVES 8.2% MISCELLANEOUS 5.7% 6.9% PROPERTY TAXES 45.9% CHARGES FOR SERVICES 1.0% USE OF MONEY AND PROPETY 1.0% FINES .5% LICENSES AND PERMITS .4% OTHER LOCAL TAXES 30.4% REVENUES TRANSFER TO TRANSFER TO TOURISM FUND CAPITAL GENERAL GOV'T COMMUNITY 5.6% IMPROVEMENT ADMINISTRATION 14.3% DEVELOPMENT 2.7% FUND 3.5% JUDICIAL PARKS, REC. AND ADMINISTRATION CULTURAL 6.0% 1.2% EDUCATION PUBLIC SAFETY 23.3% 29.3% HEALTH AND PUBLIC WORKS WELFARE 4.7% EXPENDITURES 9.4% E-4 CITY OF WILLIAMSBURG GENERAL FUND - FISCAL YEAR 2022 PROPOSED ESTIMATED BUDGET ACTUAL ACTUAL FY 2022 FY 2021 FY 2021 FY 2020 FY 2019 REVENUES: GENERAL PROPERTY TAXES $ (18,153,500) (15,987,450) $ (13,116,788) $ (15,424,570) $ (14,560,705) OTHER LOCAL TAXES (12,016,100) (10,383,507) (11,021,100) (12,178,891) (14,756,099) LICENSES AND PERMITS (158,500) (231,950) (234,225) (501,907) (282,660) FINES (200,000) (170,000) (282,000) (218,387) (277,729) USE OF MONEY AND PROPETY (376,719) (540,022) (692,622) (576,510) (699,926) CHARGES FOR SERVICES (415,425) (287,530) (453,470) (311,829) (433,572) MISCELLANEOUS (2,255,663) (650,300) (2,453,400) (2,256,257) (2,316,485) INTERGOVERNMENTAL (2,736,055) (8,687,401) (3,335,031) (4,232,069) (3,832,286) TRANSFER FROM G/F RESERVES (3,253,267) (3,263,964) (585,326) - TRANSFER FROM TOURISM FUND - (3,098,530) (1,598,530) - - TRANSFER FROM SALES TAX FUND - (1,759,376) (2,150,992) - - TOTAL REVENUES $ (39,565,229) $ (41,796,066) $ (38,602,122) $ (36,285,746) $ (37,159,461) EXPENDITURES: GENERAL GOV'T ADMINISTRATION $ 5,638,885 $ 6,869,633 $ 5,474,177 $ 4,740,325 $ 4,327,101 JUDICIAL ADMINISTRATION 490,000 450,000 490,000 409,373 434,188 PUBLIC SAFETY 11,578,681 11,203,849 11,296,599 11,090,285 11,055,456 PUBLIC WORKS 3,716,370 3,615,979 3,610,518 3,500,710 3,491,614 HEALTH AND WELFARE 1,866,516 2,147,916 1,840,509 1,677,752 1,539,311 EDUCATION 9,230,331 10,859,258 10,208,848 9,490,248 9,605,544 PARKS, REC. AND CULTURAL 2,377,043 2,356,211 2,400,635 2,143,956 2,034,088 COMMUNITY DEVELOPMENT 1,085,666 1,041,441 1,075,837 1,028,098 1,196,864 TOTAL BEFORE FUND TRANSFERS $ 35,983,492 $ 38,544,287 $ 36,397,122 $ 34,080,746 $ 33,684,166 TRANSFER TO TOURISM FUND $ 2,205,000 $ 2,205,000 $ 2,205,000 $ 2,205,000 $ 2,205,000 TRANSFER TO CAPITAL IMPROVEMENT FUND 1,376,738 TRANSFER TO UTILITY FUND - $ 92,027 TRANSFER TO RESERVES - 954,752 - - 1,270,295 TOTAL EXPENDITURES $ 39,565,229 $ 41,796,066 $ 38,602,122 $ 36,285,746 $ 37,159,461 E-5 CITY OF WILLIAMSBURG – GENERAL FUND – FISCAL YEAR 2022 REVENUE HIGHLIGHTS General Property