Overview
- From FY2017-18 through FY2020-21, revenues grew at a low average rate (0-3%) due to impacts of the pandemic.
- During that period, expenditures grew at a high average rate (>6%) and above long-term inflation (3%).
- Storm drain expenses account for a majority of FY2020-21 increases in addition to administrative cost increases.
Annual Change in Revenues
FY17-18 through FY20-21
Annual Change in Expenditures
FY17-18 through FY20-21
Reserves as % of Expenditures
FY2020-21