4.8. SR 11-13-2000 - Laserfiche WebLink

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. The wastewater treatment system (WWTS) budget for 2001 shows revenues exceeding expenditures. This is due entirely to the projection for SAC fees, which is based on new buildings being constructed in the urban service district. Whenever the actual year end revenues exceed expenditures, the monies are placed into the WWTS reserves and are used for a variety of purposes. These purposes include helping pay the plant expansion debt when SAC fees are not sufficient, saving funds for the second phase of the plant expansion that increases capacity from 1. 7 to 2.1 mgd, and any major equipment or building repairs that may unexpectedly be required. Some of these repairs, like an estimated $300,000 for the digester cover, are known to be needed, but not when. We do not spend these monies until necessary, but funds need to be available for this type of expense. The depreciation expenditure line item also adds funds to the reserve to cover these types of expenditures and are generally designated for replacement or upgrading of the plant. . The WWTS budget is very straightforward and there are no surprises for 2001. The revenues are projected to increase by 8.57 percent or $96,000 and this is due to a higher estimate in SAC fees and a higher estimate in service charges as there are more customers on the system. The expenditures are proposed to increase 6.67 percent or $72,450. Most of this increase is in the capital outlay category. The department, like it has for the past few years, includes four full time employees. The municivalliauor store is located at the northeast corner of the Highway 169 and 193rd Avenue intersection. This store opened in October 1997. The second full year of operation was 1999, and these year end figures offer a true reflection of annual operating revenues and expenditures. The attached 2001 budget is based on the 1999 year end actuals plus inflation/COLA. The operating budget is proposed at $790,000. This is only an $8,100 or 1 percent increase in expenditures from the 2000 budget and is a 9 percent increase from the 1999 actuals. The biggest adjustment in the expenditures is in the personal services category. In this regard, the 2001 budget is up approximately $42,000 from the 1999 actuals and this is based on needing more employees during various busy periods. It should be noted that part of the transfers category calls for $110,000 to be moved into the city general fund in order to help finance general city services. This generally happens every year and is a direct savings to the taxpayers in the community. Recommendation It is recommended that the City Council adopt a motion approving the three attached enterprise fund budgets. . s:\finance\budget\entfunds.doc