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Enterprise Funds
<br /> Water Operations and Maintenance Fund — As shown in Table 5, recommended
<br /> changes to the Water Operations and Maintenance Fund include a net increase in
<br /> revenues of $133,885 due to recognition of grants for the recycled water program.
<br /> Changes also include an increase in expenses of $362,318 which includes personnel
<br /> costs of $72,979, primarily due to higher retiree medical contributions, and non-
<br /> personnel costs of $289,339, mostly related to the recycled water program grants
<br /> (Federal and State Grants).
<br /> Table 5.Water Operations and Maintenance Fund Overview
<br /> Adjustments 2011/12FY
<br /> 2011112FY Approved by Midyear Budget Adjustments _ Recommended
<br /> Original Budget City Council Personnel Non-Personnel Other Midyear Budget
<br /> Beginning Fund Balance $ 6,285,918 $ - $ - $ - $ - $ 6,285,918
<br /> Plus Revenues 19,887,454 252,750 - - (118,865) 20,021,339
<br /> Transfers In 220,000 - - - - 220,000
<br /> Transfers Out 1,600,000 - - - 100,000 1,700,000
<br /> Less Expenses 17,849,846 372,365 72,979 (83,026) - 18,212,164
<br /> Ending Fund Balance $ 6,943,526 $ (119,615) $ (72,979) $ 83,026 $ (218,865) $ 6,615,093 ;
<br /> Sewer Operations and Maintenance Fund — As shown in Table 6, recommended
<br /> changes to the Sewer Operations and Maintenance Fund include an increase in
<br /> revenues of $797,706 and a net increase in expenses of $890,218 consisting of a
<br /> reduction in personnel costs of $43,075 and an increase in non-personnel costs of
<br /> $933,293. The increases in revenues and expenditures are primarily due to an increase
<br /> in regional sewer rates (ranging from an average of 6.2% for residential customers and
<br /> 8.6% for commercial customers to 12.8% for institutional customers) which are collected
<br /> by the City and passed through to the Dublin-San Ramon Services District (DSRSD).
<br /> Table 6. Sewer Operations and Maintenance Fund Overview
<br /> Adjustments 2011112FY
<br /> 2011/12FY Approved by Midyear Budget Adjustments Recommended
<br /> Original Budget, City Council Personnel Non-Personnel Other Midyear Budget
<br /> Beginning Fund Balance $ 3,470,380 $ - $ - $ - $ - $ 3,470,380
<br /> Plus Revenues 11,170,262 - - - 797,706 11,967,968
<br /> Transfers In 110,000 - - - - 110,000
<br /> Transfers Out 1,384,837 - - - - 1,384,837
<br /> Less Expenses 9,523,399 - (43,075) 933,293 - 10,413,617
<br /> Ending Fund Balance $ 3,842,406 $ - $ 43,075 $ (933,293) $ 797,706 $ 3,749,894
<br /> Golf Course Operations Fund — As shown in Table 7, recommended budget
<br /> adjustments for the Golf Course Operations Fund include a reduction in revenues of
<br /> $250,000, offset by an increase in net transfers of $250,000 mainly from the General
<br /> Fund ($330,000), and an increase in expenses of $1,883. The reduction in revenues
<br /> reflects a lower level of activity at the City's Callippe Preserve Golf Course than
<br /> anticipated when the Original Budget was developed. The Original Budget was based
<br /> on an estimated 63,000 rounds of golf. Staff has adjusted that estimate downward to
<br /> 59,000 rounds.
<br /> Page 5 of 6
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