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The summary by Fund type is provided below:
<br />
<br /> REVENUE BY FUND TYPE
<br />
<br /> 2002-03 2003-04 2004-05
<br />General Fund $ 73,176,044 $ 75,540,017 $ 78,705,032
<br />Enterprise Funds 28,721,442 30,116,548 31,530,573
<br />Debt Service Funds 0 0 0
<br />lntemal Service Funds 24,731,400 23,405,906 25,801,681
<br />Trust Funds 32,000 25,000 20,000
<br />Special Revenue Funds 22,378,085 22,334,032 24,899,234
<br />TOTAL REVENUES $149,038,971 $151,421,503 $160,956,520
<br />
<br />As can be seen in the table above, the increase in the first year is $2.38 million or
<br />1.6%, and is primarily due to:
<br />
<br />General Fund increase of $2.36 million or 3.2% increase
<br />Enterprise Funds increase of $1.40 million or 4.9% increase
<br />Offset by Internal Service Funds decrease of $1.33 million or 5.4% decrease.
<br />
<br />The increase in the second year is $9.54 million or 6.3%, and is primarily due to:
<br />
<br />General Fund increase of $3.17 million or 4.25% increase
<br />Enterprise Funds increase of $1.41 million or 4.7% increase
<br />Internal Service Funds increase of $2.40 million or 10.2% increase
<br />Special Revenue Funds increase of $2.57 million or 11.5% increase.
<br />
<br />An outline discussion of the assumptions used for estimated General Fund revenue is
<br />provided on page viii, and a more detailed discussion of General Fund revenue
<br />sources and estimates in contained in Appendix D.
<br />
<br />Currently water and sewer rates are under review, and the outcome of those studies is
<br />not yet known. Among other things, City replacement funding is still being studied,
<br />and the Dublin-San Ramon Services District (DSRSD) has not completed its regional
<br />sewer rate study. Therefore, the revenue increases for Enterprise Funds reflected
<br />above assume that there will be increased consumption and possibly small water and
<br />sewer rate adjustments.
<br />
<br />Staff updated the City Replacement Plan this spring, as part of the budget preparation
<br />process. As was mentioned earlier, staff reviewed and eliminated a large number of
<br />carryover expenditure appropriations, and reviewed asset replacement cycles both in
<br />the short term and over the next twenty years. As a result, current replacement
<br />accruals (charges to the departments) were reduced, resulting in a reduction of about
<br />$1.4 million to the Internal Service Funds in 2003-04. In 2004-05, accrual revenue
<br />from the operating departments for personnel benefit costs increased $2.6 million,
<br />including accruals for retirement, workers' compensation, retirees' medical, health
<br />insurance, etc. This accounted for most of the Internal Service Funds change in
<br />2004-05.
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