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HomeMy WebLinkAboutResolution 2007-118 adopting the final FY 2007-08 budgetMARANA RESOLUTION N0.2007-118 RELATING TO BUDGET; ADOPTING THE FISCAL 2007-2008 FINAL BUDGET WHEREAS, on June 12, 2007, in accordance with the provisions of A.R.S. §42- 301 et seq., the Marana Town Council did make an estimate of the different amounts required to meet the public expenditures/expenses for the 2007-2008 fiscal year and did estimate the revenues to be received from sources other than direct taxation; and WHEREAS, the Marana Town Council held a public meeting on June 26, 2007 following due public notice where taxpayers that appeared were heard in favor of or against any of the proposed expenditures/expenses of tax levies; .and WHEREAS, the sums to be raised by taxation. as specified in the budget attached hereto as Exhibit A, as amended, do not, in the aggregate amount, exceed the expenditure limitation set by the Council on June 12, 2007. NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of Marana, Arizona, that the budget setting forth the estimates of revenues and expenditures/expenses, attached hereto as Exhibit A and incorporated herein by this reference, as increased; decreased or changed by the Town Council, is hereby adopted as the final budget for the Town of Marana for the fiscal year 2007-2008. PASSED AND ADOPTED by the Arizona, this 26t1i day of Ju~~n®~~~~,®'0' e®q~S~~onirr~'e ~~i ® ~~ ~pRPORgTf e ® _ c°° a w_ P ® % SEAL s' ~~~~~~iruu-~~~~°,,, ~~ ATTEST: ~i~~,~®® ;'~'`®`ee Mayor and Council of the Town of Marana, Mayor d H nea cel .Bronson Tow Jerk APPROVED AS TO FORM: TOWN OF MARANA EXHIBIT A PROPOSED FINAL BUDGET FISCAL 2007-08 Revenues Town Sales Tax Other Agencies license, Fees & Permits Fines, forfeitures User Fees Lease Income Investment Income Other Non-Recurring Total Revenues Expenditures General Government Mayor and Council Town Clerk Town Manager Human Resources Finance and Accounting. Legal Community Development PIO Economic Development Development Services Administr Operations 8 Maintenance Building Services Planning and. Zoning Engineering Geographical Info Systems Information Technology Police Courts Parks and Recreation Water Airport Capital Outlay Debt Service Total Expenditures Excess (deficiency) of revenues over expenditures Other Financing Sources (Uses) 101 103 105 106 107 215 204 242 General South Desert North Parks Tangerine Fund Benefit Education Benefit Impact Transport. Road ID PAG/RTA 19,098,627 9,427,533 7,395,691 18,956,74(3 4,897,994 717,120 50,000 662,457 920,767 654,275 536,222 493,300 561,000 225,414 3,250 42,981 158,890 286,655 287,450 .72$.728... 34,365,837 942,534 53,250 705,438 1,079,657 9,714,188 287,450 18,956,740 3,169,580 1,794,695 146,995 189,608 323,726 1,195,759 722,492 698,854 678,388 429,841 123,998 128,152 255,319 2,420,258 1,600,515 1,304,748 2,422,620 648,517 1,276,206 9;179,231 910,214 3,730,214. 3,849,000. 8,967,000 0 600,000 675,000 14,861,337 17,039,049 18,956,740 35,217,240 8,967,000 0 600,000 675,000 16,656,032 17,186,044 18,956,740 (851,403) (8,024,466) 53,250 105,438 404,657 (6,941,844) (16,898,594) 0 Transfers to Transfers Out (2,423,560) (2,110,377) Bonds: 9,000,000 Total Other Financing Sources/(Uses) (2,423,560) 0 0 0 0 6,889,623 0 0 Changes in Fund Balances (3,274,963) (8,024,466) 53,250 105,438 404,657 (52,221) (16,898,594) 0 Beginning Fund Balance` 14,463,737 8,602,785 208,515 716,479 2,559,554 14,143,540 17,039,409 0 Ending Fund Balance 11,188,774 _ ___578,319 261,765 821,917 2,964,211 14,091,319 140,815 0 `Projected b/ 18/2007 1 of 4 7:36 A M TOWN OF MARANA EXHIBIT A PROPOSED FINAL BUDGET FISCAL 2007-08 245 250 205 246 241 240 201 202 206 1/2 cent Pima County HELP Other CDBG/ Affordable Other Sales Tax Bonds Fund Agency HURF LTAF HOME Housing Grants Revenues Town Sales Tax Other Agencies License, Fees 8, Permits Fines, forfeitures User Fees Lease Income Investment Income Other Non-Recurring Total Revenues Exoenditures General Government Mayor and Counal Town Clerk Town Manager Human Resources Finance and Accounting Legal Community Development PIO Economic Deveopment Development Services Administr Operations & Maintenance Building Services Planning and Zoning Engineering GeographicaF Info Systems Information Technology Police Courts Parks and Recreation Water Airport Capital Outlay Debt Service Total Expenditures Excess (deficiency) of revenues 59,101 4,960,000 17,206,800 2,244,207 139,711 275,000 1,000,000 86,420 72,188 10,000 145,521 4,960,000 72,188 17,206,800 2,244,207 139,711 275,000 10,000 1,000,000 94,725 175,000 50,000 1,234,575 64,711 5,000,000 4,960,000 7,000,000 28,306,800 1,100,000 100,000 1,100,000 5,000,000 4,960,000 7,000,000 28,306,800 2,334,575 159,436 275,000 50,000 1,100,000 over expenditures (4,854,479) 0 (6,927,812) (11,100,000) (90,368) (19,725) 0 (40,000) (100,000) Other Financing Sources (Uses) Transfers In 19,725 1:00,000 Transfers Out Bonds 11,100,000 Total Other Financing Sources/(Uses) Changes in Fund Balances Beginning Fund Balance* Ending Fund Balance * Projected 0 0 0 11,100,000 0 19,725 0 0 100,000 (4,854,479) 0 (6,927,812) 0 (90,368) 0 0 (40,000) 0 5,390,884 0 7,140,245 0 211,826 0 1,007 213,465 0 536 405 0 212433 0 121 458 0 1 007 173 465 0 6/18/2007 2 of 4 7:36 AM TOWN OF MARANA EXHIBIT A PROPOSED FINAL BUDGET FISCAL 2007-08 222 224 225 226 227 228 230 Auto Local Rico HIDTA MANTIS Theft JCEF Fill-the-Gap Tech 97 Debt 03 Debt Revenues Town Sales Tax Other Agencies License, Fees & Permits Fines, forfeitures User Fees Lease Income Investment Income Other Non-Recumng Total Revenues - Expenditures General Government Mayor artd Council Town Clerk Town Manager Human Resources Finance and Atxounting Legal Community Development PIO Economic Development Development Services Administr Operations 8, Maintenance Building Services Planning aitd Zoning Engineering Geographical info Systems Information Technology Police Courts Parks and Recreation Water Airport Capital Outlay Debt Service 20,000 52,000 61,975 61,975 12,250 5,000 59,950 Total Expenditures Excess (deficiency) of revenues 20,000 52,000 61,975 61,975 12,250 5,000 59,950 0 0 108,602 47,653 61,975 61,975 12,250 5,000 59,950 404,450 1,375,500 108,602 47,653 61,975 61,975 12,250 5,000 59,950 404,450 1,375,500 over expenditures (88,602) 4,347 0 0 0 0 0 (404,450) (1,375,500) Other Financing Sources (Uses) Transfers in 404,577 875;000 Transfers Out Bonds Total Other Financing Sources/(Uses) 0 0 0 0 0 0 0 404,577 875,000 Changes in Fund Balances (88,602) 4,347 0 0 0 0 0 127 (500,500) Beginning Fund Balance• 88,602 47,653 2,054 13,878 58,389 15,194 62,389 0 557,971 Ending Fund Balance 0 52,000 __2,054_ _ _13 878 58,389 - - _194_ _ 62,389_ _ 127 57,471 Projected 6/18/2007 3 of 4 7:36 AM TOWN OF MARANA EXHIBIT A PROPOSED FINAL BUDGET FISCAL 2007-08 Other Debt Water Airport 04 Debt Service Fund Fund Total Revenues Town Sales Tax 28,585,261 Other Agencies 900,000 9,309,341 62,583,440 License, Fees 8 Permits 1,441,253 8,766,791 Fines, forfeitures 654,275 User Fees 2,847,648 143,658 3,527,528 Lease Income 493,300 Investment Income 23,000 1,757,248 Other Non-Recurring 728,728 Total Revenues 0 900,000 4,311,901 9,452,999 107,096,571 Exoenditures General Government 6,305,995 Mayer and'Council 189x608 Town Clerk 323,726 Town Manager 1,195,759 Human Resources 722,492 Finance and Accounting 698,854 Legal 678,388 Community Development 654,841 PIO 123,998 Economic Development 128,152 Development Services Administr 255,319 Operations 8~ Maintenance ~ 3,719,544 Building Services 1,600,515 Planning and Zoning 1,304,748 Engineering 2,422,620 Geographcai Info Systems 608,517 Information Technology 1,276,206 Police 9,459,436 Courts 987,414 Parks and Recreation 3,730,214 Water 2,680,933 2,680,933 Airport 299,358 299,358 Capital Outlay 42,649,000 9,964,676 164,028.,602 Debt Service 641,500 4,008,482 6,429,932 Total Expenditures 641,500 4,008,482 45,329,933 10,264,034 209,825,171 Excess (deficiency) of revenues over expenditures (641,500) (3,108,482) (41,018,032) (811,035) (102,728,600) Other Financing Sources (Uses) Transfers In 645,000 1,922,877 805,335 4,772,514 Transfers Out (238,577) (4,772,514) Bonds. 40,000.000' 60,100,000 Total Other Financing Sources/(Uses) 645,000 1,922,877 39,761,423 805,335 60,100,000 Changes in Fund Balances 3,500 (1,185,605) (1,256,609) (5,700) (42,628,600) Beginning Fund Balance* 2,950 1,185,605 1,820,000 (490,000) 74,090,131 Ending Fund Balance 6,450 0 563,391 (495,700) 31,461,531 Projected 6/18/2007 4 of 4 7:36 AM Q QZ Q LL 0 Z O r V1 < 1o M 1N+~ 1o m m ~ W y W C W N A V 1o m ai a~ er 1o ~ rn eo o~ ri 1ti o W ~Z~°,~ r n V V h n N ° O Z a 1~° a 10 1n ~ '~ '° H o ~ W X N m X W W N N y J Q V J ~ m ~f o 10 o N O O A h o 001 a+! O aOD O m 100_ a 00 N A tD O ~Z~g~ m ~ a ~, e m ~ Z y Q ~ ~ Y b m N 0 < IL W Q ~ 1 0 N ~ N H ~ m A A A ~ W LL F 0 ah O 0 t0 0 p 0 N 2 O ah < : r n n pp ~ V N N Y q A N w 0 0 Z N 10 A O V V 0 M 10 V V M Vl ~ Z - O V V O O A W H m vi a eo m a A a Z N w A tp Z N U ~ Z W 2 R V N M o ° ° ° ~ r y o o o o W F U o ° O ° O ° O 0 O D: o ~ o o ° 0 o ° .- ° O H v a 1 0 V! N M O y Q Y f~ q W O O o O o o 10 ~ O OOi V O 001 e N 0 F>S~yo a2~ W W n ~ N rn o ooi w e0 ~ n n 1 o ~~ W OHO 1~+f M N r r O y W S ~ N W ~ ~ 4. r O N N Q V1 F ~ j o U ~ Q Z ~ o~~° 6 c a a N y N W ~ ~ o N Z Z ~ v h a e °o_ M °o_ 0 W W r 3z f A n A W w i a +! 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'7 fl_ q u 1ue c v ~ « « A E m m c ~ u .o 'o m «Er "'°~ ~~m A ~ a c V W am? o. e n a ~ a $ A m m _: O1 O q a Q e a ~ ~ n ? o. 0 c L a a W o r m d c O a ~ ~O LL C .t.. O w q O ~ m „ O. C W ~ m N e E C 'o ~ a A O M a ~.r. m w c m >~ 0 0 u E c Q w TOWN OF MARANA Summary by Fund Type of Revenues Other Than Property Taxes Fiscal Year 2007-08 ESTIMATED ACTUAL ESTIMATED REVENUES REVENUES REVENUES SOURCE OF REVENUES 2006-OT 2006-07` 2007-08 GENERAL FUND Local taxes Sales Tax $ 17,217,929 $ 18,928,106 $ 19,098,627 Licenses and permits Building and Development Fees 5,941,455 4,536,624 4,581,894 Business and License Fees 90,000 98,100 98,100 Franchise Fees 200,000 201,205 218,000 Intergovernmental State Shared Sales Tax 2,192,745 2,443,674 2,721,756 Urban Revenue Sharing 2,342,160 2,781,490 3,763,935 Auto Lieu 675,000 1,127,689 910,000 Charges for services Park & Recreation Fees 100,000 185,077 508,722 Other Miscellaneous Charges 245,000 145,618 27,500 Fines and forfeits Court Fines and Fees 600,000 630,977 654,275 Interest on investments Investment Income Contributions Voluntary contributions 525,000 484,000 561,000 Miscellaneous Other Miscellaneous Income 591,245 572,427 728,728 Lease Income 493,300 493,300 493,300 SPECIAL REVENUE FUNDS Total General Fund $ 31,213,834 $ 32,628,287 $ 34,365,837 Highway User Revenue Fund HURF $ 2,060,300 $ 2,145,869 $ 2,244,207 Total Highway User Revenue Fund $ 2,060,300 $ 2,145,869 $ 2,244,207 Local Transportation Assistance Fund LTAF $ 138.250 $ 141,312 $ 139.711 Total Local Transportation Assistance Fund $ 138,250 $ 141,312 $ 139,711 Grant Funds MANTIS $ 56,360 $ 56,540 $ 61,975 HIDTA 52,546 52,000 AUTO THEFT 56,360 38,525 61,975 CDBG 313,450 126,521 275,000 Home 60,000 16,277 10,000 Local JCEF 15,000 12,175 12,250 Local Technobgy Enhancement Fund 35,650 55,146 59,950 Fill The Gap 5,000 4,570 5,000 Other Grants 1,000,000 RICO 25,994 20,000 Total Grant Funds $ 541,820 $ 388,294 $ 1,558,150 Total Speeial Revenue Funds $ 2,740,370 $ 2,675,475 $ 3,942,068 DEBT SERVICE FUNDS Other Debt Service Funds CAPITAL PROJECTS FUNDS Total Debt Service Funds $ $ 900,000 $ 900,000 Transportation Fund $ 9,000,000 $ 9,844,705 $ 9,714,188 1/2 Cent Sales Tax 394,008 578,168 145,521 Impact Fee Funds 4,297,525 2,378,068 2,780,879 Other Agency Funds 30,023,300 8,972,507 41,123,540 Tangerinq Fanns ID 287,450 Investment Income 993,750 72,188 Total Capital Projects Funds $ 44,708,583 $ 21,773,448 $ 54,123,766 ENTERPRISE FUNDS Water Fund Water Commodity & User Fees $ 3,425,710 $ 2,616,965 $ 2,870,648 ater moact Fees 1.744.000 _l, 1.441.253 $ 5.169.710 , $ ______~ $ 4.311.901 Airport Fund Airport User Fees $ 138,000 $ 149,727 $ 143,658 Airport Grants 7,161,300 5,795,596 9,309,341 $ 7,299,300 $ 5,945,323 $ 9,452,999 Total Enterprise Funds $ 12,469,010 $ 9,809,959 $ 13,764,900 TOTAL ALL FUNDS $ 91.131.797 $ 66.887.169 $ 107.096.571 Indudes actual revenues recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated revenues for the remainder of the fiscal year. 4/07 SCHEDULE C Page 2 of 5 TOWN OF MARANA Summary by Fund Type of Other Financing Sources/<Uses> and Interfund Transfers Fiscal Year 2007-08 OTHER FINANCING INTERFUND TRANSFERS FUND GENERAL FUND Series 1997 Debt $ Series 2003 Debt Series 2004 Debt Airport Fund LTAF Other Grants Total General Fund SPECIAL REVENUE FUNDS LTAF $ $ Other Grants Total Special Revenue Funds DEBT SERVICE FUNDS Series 1997 Debt $ $ Series 2003 Debt Series 2004 Debt Other Debt Service 2007-08 2007-08 SOURCES <USES> IN <OUT> Total Debt Service Funds $ $ CAPITAL PROJECTS FUNDS OtherAgencyFund $ 11,100,000 $ Transportation 9,000,000 Total Capital Projects Funds $ 20,100,000 $ ENTERPRISE FUNDS Water $ 40,000,000 $ Airport Total Enterprise Funds $ 40,000,000 $ $ $ 166,000 875,000 645,000 617,835 19,725 100,000 $ $ 2,423,560 $ 19,725 $ 100,000 $ 119,725 $ $ 404,577 $ 875,000 645,000 1,922,877 $ 3,847,454 $ $ $ 2,110,377 $ $ 2,110,377 $ $ 238,577 805,335 $ 805,335 $ 238,577 TOTAL ALL FUNDS $ 60,100,000 $ $ 4,772,514 $ 4,772,514 4/07 SCHEDULE D TOWN OF MARANA Summary by Department of Expenditures/Expenses Within Each Fund Type Fiscal Year 2007-08 FUND/DEPARTMENT ADOPTED EXPENDITURE/ BUDGETED EXPENSE EXPENDITURES/ ADJUSTMENTS EXPENSES APPROVED 2006-07 2006-07 GENERAL FUND General Government $ 2,374,454 Mayor and Coundl 234,342 Town Clerk 412,554 1,469,625 639,940 551,661 572,371 100,000 SPECIAL REVENUE FUNDS HURF 1,852,222 1,308,870 1,410,947 2,715,068 419,368 1,726,055 8,246,590 733,520 2,959,154 $ 27,726,741 $ $ 2,060,300 LTAF 138,250 MANTIS 56,360 HIDTA AUTO THEFT 56,360 CDBG 313,450 Home 122,173 Local JCEF 15,000 Local Technology Enhancement Fur 81,565 Fill The Gap 5,000 Other Grants RICO 26,931 Total Special Revenue Funds $ 2,875,389 ACTUAL BUDGETED EXPENDITURESI EXPENDITURESI EXPENSES EXPENSES 2006-07' 2007-08 $ 2,241,158 $ 3,169,580 170,360 189,608 278,473 323,726 1,149,308 1,195,759 548,502 722,492 381,324 698,854 540,642 678,388 193,366 429,841 123,998 128,152 255,319 1,902,468 2,420,258 1,290,518 1,600,515 1,409,460 1,304,748 2,288,394 2,422,620 379,537 608,517 1,614,170 1,276,206 7,035,688 9,179,231 642,460 910,214 2,519,190 3,730,214 3,849,000 $ 24,585,018 $ 35,217,240 $ 1,891,314 101,720 56,360 69,270 51,010 130,463 13,454 42,625 6,295 $ 2,334,575 159,436 61,975 47,653 61,975 275,000 50,000 12,250 59,950 5,000 1,100,000 108,602 $ 4,276,416 45,704 $ $ 2,408,215 DEBT SERVICE FUNDS Series 1997 Debt $ 664,311 $ $ 797,215 $ 404,450 Series 2003 Debt 1,149,660 1,379,654 1,375,500 Series 2004 Debt 537,118 644,575 641,500 Other Debt Service 4,008,482 Total Debt Service Funds $ 2,351,089 $ $ 2,821,444 $ 6,429,932 CAPITAL PROJECTS FUNDS Transportation Fund $ 9,938,761 $ $ 435,890 $ 16,656,032 1/2 Cent Sales Tax 1,700,000 511,928 5,000,000 Impact Fee Funds 3,047,700 519,327 10,242,000 Help Loan Fund 7,000,000 220,523 7,000,000 Tangerine Farms ID 29,698,005 11,451,406 17,186,044 Other Capital Project Funds 30,023,300 8,972,507 52,223,540 Total Capital Projects Funds $ 81,407,766 $ $ 22,111,581 $ 108,307,616 ENTERPRISE FUNDS Water Fund $ 5,614,271 $ $ 2,417,747 $ 5,329,933 Airport Fund 8,068,554 6,194,387 50,264,034 Total Enterprise Funds $ 13,682,825 $ $ 8,612,134 $ 55,593,967 TOTAL ALL FUNDS $ 128,043,810 $ $ 60,538,392 $ 209,825,171 * Indudes actual expenditures/expenses recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated expenditures/expenses for the remainder of the fiscal year. 4/07 SCHEDULE E Police Courts Parks and Recreation Capital OuGay Total General Fund TOWN OF MARANA Summary by Department of Expenditures/Expenses Fiscal Year 2007-08 DEPARTMENT/FUND General Government: General Fund Transportation Fund Tangerinq Farms ID LTAF Other Grants Department Total Community Development: General Fund CDBG/HOME Affordable Housing Department Total Operations & Maintenance: General Fund HURF LTAF Department Total Police: General Fund RICO HIDTA MANTIS Auto Theft Department Total Courts: General Fund JCEF Fill-the-Gap Local Technology Department Total ADOPTED EXPENDITURE/ BUDGETED EXPENSE ACTUAL BUDGETED EXPENDITURES! ADJUSTMENTS EXPENDITURES/ EXPENDITURES/ EXPENSES APPROVED EXPENSES EXPENSES 2006-07 2006-07 2006-07* 2007-OS $ 2,374,454 $ $ 2,309,135 $ 3,169,580 794,695 686,353 1, 794,695 146,995 75,000 19,132 94, 725 23,055 1,100,000 $ 3.244.149 $ $ 3.037.675 $ 6.305.995 $ $ $ 191,981 $ ~ 429,841 335,623 74,038 175,000 17,908 50,000 $ 335.623 $ $ 283.928 $ 654.841 $ 799,099 $ 2,060,300 63,250 $ 2.922,649 $ $ 8,103,167 $ 26,931 56,360 56,360 $ 8,242.818 $ $ 729,080 $ 101,656 $ 830.736 $ $ 1,846,705 1,858,507 11,812 $ 3.717.024 $ 6,936,404 42,820 69,271 79, 311 72,955 $ 7.200.761 $ 2,420,258 1,234,575 64,711 $ 3,719.544 $ 9,179,231 108,602 47,653 61,975 61,975 $ 9.459,436 $ 633,817 $ 910,214 42,118 12,250 5,000 5,952 59,950 $ 681.886 $ 987.414 Includes actual expenditures/expenses recognized on the modified accrual or accrual basis as of the date the proposed budget was prepared, plus estimated expenditures/expenses for the remainder of the fiscal year. 4/07 SCHEDULE F ~~ AR NA FY 2008 Final Budget Position Reconciliation Summary ~~ ~ .~..~~„ ~. FY 2007 FY 2008 Department Adopted Proposed Change* Town Clerk Town Manager Human Resources Finance and Accounting Legal Community Development Public Information Officer Economic Development Development Services Admin Operations & Maintenance Building Services Planning and Zoning Public Works Geographical Info Systems Information Technology Police Courts Parks Marana Water Department Airport Operations Total 3 3 0 16.5 11.5 -5 6 7 1 6.75 7.75 1 5 7 2 0 4 4 0 1 1 0 1 1 0 4 4 35 35 0 22.5 21 -1.5 14 15 1 30.5 39 8.5 5 6 1 4.5 6 1.5 109 113 4 12 13 1 42.75 48.25 5.5 18.5 17.5 -1 2 2 0 333 * Change includes mid-year increases 362 29