Board of Directors Workshop – Oct. 4, 2024: 2025 Draft Budget Presentation, Proposed FY 2025 Budget Worksheet with a 5.0% wage package increase

Pikes Peak Area Council of Governments
DRAFT JANUARY – DECEMBER 2025 BUDGET
5.0% Wage Package Increase

Category	Area Agency on Aging	Air Quality	Water Quality	Environmental	Military Impact Planning	Regional Projects	Transportation Planning	Pikes Peak RTA	Local Building / Resources	Indirect / Admnstn	Total Admin Services	2025 Budget	2024 Budget	% Diff.	$ Diff.
Revenues
Federal / State / Other Grants	7,099,400	0	45,000	45,000	485,601	0	2,387,359	0	0	0	0	10,017,360	12,308,976	-18.62%	(2,291,616)
Member Dues	14,500	90,000	2,500	92,500	35,000	50,000	122,000	0	225,042	0	225,042	539,042	528,991	1.90%	10,051
Special District Revenues	0			0				612,970			0	603,819	573,174	5.35%	30,645
Local Support	20,000			0			49,909				0	69,909	91,737	-23.79%	(21,828)
Other Revenues	207,780	0	0	0	0	0	21,516	0	3,000	0	3,000	232,296	301,780	-23.02%	(69,484)
TOTAL REVENUES	7,341,680	90,000	47,500	137,500	520,601	50,000	2,580,784	612,970	603,819	0	228,042	11,462,426	13,804,658	-16.97%	(2,342,232)
Expenditures
Personnel Costs	1,824,517	20,000	40,650	60,650	270,650	0	1,339,893	465,091	0	828,874	828,874	4,789,890	4,589,167	4.37%	200,723
Contract Services	4,701,587	70,000	6,190	76,190	133,980	50,000	636,274	14,880	81,000	90,910	171,910	5,784,821	8,697,720	-33.49%	(2912,899)
Conferences, Education & Training, Travel	49,425	0	0	0	10,500	0	15,662	1,200	0	10,110	10,110	86,897	76,135	14.14%	10,762
Non Reimbursable Expenses	5,000	0	0	0	0	0	0	720	0	8,820	8,820	14,540	17,660	-17.67%	(3,120)
Supplies	14,951	0	100	100	350	0	3,400	1,560	0	10,374	10,374	30,735	26,227	17.19%	4,508
Communications	35,000		360	360	750		2,540	720	0	15,410	15,410	54,780	54,190	1.09%	590
Support Services	17,675	0	0	0	0	0	3,320	1,300	0	28,986	28,986	51,281	48,207	6.38%	3,074
Professional Support	17,325	0	0	0	1,470	0	10,015	0	0	19,160	19,160	47,970	40,464	18.55%	7,506
Equipment Maintenance / Rental	35,000	0	200	200	1,064		1,200	10,200	0	16,100	16,100	63,764	60,724	5.01%	3,040
Building Maintenance / Utilities / Depreciation	0	0	0	0	0	0	0	0	0	349,567	349,567	349,567	142,614	145.11%	206,953
Equipment	18,500		0	0	4,000	0	18,200	3,200	0	15,210	15,210	59,110	51,550	14.67%	7,560
Capital Replacement / Reserve	0			0					138,222	0	138,222	138,222	0	–	138,222
TOTAL INDRECT EXPENSES	6,718,980	90,000	47,500	137,500	422,979	50,000	2,030,504	498,871	219,222	1,393,521	1,612,743	11,471,577	13,804,658	-16.90%	(2,333,0831)
INDIRECT COSTS ALLOCATION	622,700	0	0	0	97,622	0	550,280	114,099	0	-1,384,701	-1,384,701	0	0		0
TOTAL EXPENDITURES	7,341,680	90,000	47,500	137,500	520,601	50,000	2,580,784	612,970	219,222	8,820	228,042	11,471,577	13,804,658	-16.90%	(2,333,0831)
NET: REVENUES OVER EXPENDITURES	0	0	0	0	0	0	0	0	8,820	-8,820	0	0	0	0.00%	0
USE OF PRIOR YEAR FUND BALANCE
NET AFTER FUND BALANCE APPROPRIATION	0	0	0	0	0	0	0	0	8,820	(8,820)	0	0	0	0.00%	0