|
Table 6. Water Operations and Maintenance Fund Overview
<br /> FY 2015/16 FY 2016/17 FY 2017/18
<br /> Water/Recycled Water(O&M) Actual Actual Original Budget Adjustments Md-Year Budget
<br /> Beginning Balance, July 1 $9,617,898 $8,973,515 $12,346,487 $12,346,487
<br /> Revenues 17,707,722 25,244,723 23,565,611 $4,335,224 27,900,835
<br /> Net Transfers (1,488,525) 1,207,459 (5,229,175) 2,989,871 (2,239,304)
<br /> Expenses
<br /> Zone 7 Purchased Water 7,957,260 13,354,893 13,787,510 1,712,490 15,500,000
<br /> All other expenses 8,906,320 9,724,317 11,886,761 366,559 12,253,320
<br /> Total Expenses 16,863,580 23,079,210 25,674,271 2,079,049 27,753,320
<br /> Net Income ($644,383) $3,372,972 ($7,337,835) $5,246,046 ($2,091,789)
<br /> Ending Balance, June 30 $8,973,515 $12,346,487 $5,008,652 $10,254,698
<br /> Sewer Operations and Maintenance Fund —As shown in Table 7, recommended
<br /> changes to the Sewer Operations and Maintenance Fund total $31,499 which reflects a
<br /> decrease of$59,000 in Personnel expenses due to vacancies which is off-set by
<br /> $27,500 increase for contractual services.
<br /> Table 7. Sewer Operations and Maintenance Fund Overview
<br /> FY 2015/16 FY 2016/17 FY 2017/18
<br /> Sewer(O&M) Actual Actual Original Budget Adjustments Mid-Year Budget
<br /> Beginning Balance, July 1 $4,687,872 $5,299,511 $6,489,334 $6,489,334
<br /> Revenues 13,915,734 14,836,708 14,383,000 14,383,000
<br /> Net Transfers (1,128,295) (1,187,270) (1,105,700) (1,105,700)
<br /> Expenses
<br /> DSRSD 9,616,214 9,464,144 9,750,000 9,750,000
<br /> All other expenses 2,559,586 2,995,471 3,390,304 (31,499) 3,358,805
<br /> Total Expenses 12,175,800 12,459,615 13,140,304 (31,499) 13,108,805
<br /> Net Income $611,639 $1,189,823 $136,996 $31,499 $168,495
<br /> Ending Balance, June 30 $5,299,511 $6,489,334 $6,626,330 $6,657,829
<br /> Su mitt d by: Approved y:
<br /> //'
<br /> Tina Olson Nelson Fialho
<br /> Director of Finance City Manager
<br /> Attachments:
<br /> 1. Resolution
<br /> 2. Attachment 1 — Recommended Budget Adjustments
<br /> Page 6 of 6
<br />
|