Fort Walton Beach Council agenda — 8-11-14--proposed budget — reading text

772,074 94. 09% 2005 Utility System Bond - year 10 of 30 2013 SRF Loan - PS #1 & FM- year 1 of 20 227, 452 203, 669 595,435 591 - 7200 Interest Expense 507,766 - 14. 72% 2005 Utility System Bond - year 10 of 30 2013 SRF Loan - PS# 1 & FM- year 1 of 20 959 - - - 590 -7300 Paying Agent Fees - 0. 00% 22, 200 13, 447 13, 447 - 590 -7310 Amortization - 0. 00% F-- 25-0, 6 TO— 2 7, 17 3, 7- T-- 9-93-,F-7 Total Debt Service 1, 279, 840 14 16 1 055"*' 1' 1350 -Sewer 7/ 31/ 2014 8: 38 AM  401 UTILITIES FUND - 1500 NON -DEPARTMENTAL Actual Budget 2013 -14 2014 -15 2010 -11 2011 -12 2012. 13 Adopted Change City Manager Personal Services: 13, 941 52, 369 3, 926 15, 000 536 -1216 Final Leave Pay 15, 000. 0. 00% 12, 590) 1, 400 248 536. 1250 Compensated Absences 0. 00% 962) 106 20 536 -215o FICA - Compensated Absences 0. 00% 389 53, 875 4, 194 15,000 Total Personal Services 15, 000 0. 00% Operating Expenditures: 633 6, 353 536 -3100 Professional Services 0. 00% 1, 000 536- 4911 Holiday Gift Certificates 1, 000 0. 00% 18, 029 28, 662 62, 959 536- 4924 Bad Debt Expense 53, 260 536- 4995 Contingencies 56, 415 5. 92% 16, 370 4, 021 6, 328 536- 4999 Amortization Expense 0. 00% 1, 125 536 -5231 Computer Hardware/ Software 675 40. 00% 2, 523, 149 1, 012,975 1, 072, 011 536 -5900 Depreciation 0. 00% 791, 279 215, 044 215, 044 536 -5910 Depreciation on Contributed Capital 0. 00% Non -Operating 67, 341 21, 687 590. 9502 OPEB Obligation 0. 00% 588, 652 592 -95oo Loss on Asset Impairment 0. 00% 3, 348, 827 T 1, 917,328 1, 384, 382 55, 385 Total Operating Expenditures 58, 090 4. 88% Capital Outlay 87, 860 5366404 Trucks 100. 00% 4, 000 536 -6420 Computer Hardware/ Software 5, 850 46. 25% Computer Replacements per IT Plan 91, 860 Total Capital Outlay 5, 850 93. 63% Other Financing Activity 959, 557 1, 177, 785 868, 604 880, 148 536 -9901 Cost Allocation Reimbursement to General Fund 1, 012, 994 15. 09% 38,926) 38, 203) 536- 9943 Cost Allocation Reimbursement - Sanitation Fund 100. 00% 7, 785) 7, 641) 536 -9945 Cost Allocation Reimbursement - Stormwater Fund 100. 00% 320, 536 490,433 581 -9102 Transfer to General Fund 519, 267 5. 88% 6% Franchise /Right -of -Way Access Fee 158, 950 581 -9999 Reserved - Undesignated Net Assets 701, 858 341. 56 % Depreciation less Budgeted Capital Outlay and CIPs 959, 557 1, 177, 785 1, 142, 429 1, 483, 687 Total Other Financing Activity 2, 234, 119 50. 58% 1: 2, 531, 005 1 39. 15 38.50 39.50 40.50 Number of Funded Employees( FTE' s) 4L50 2. 47% 364, 645 371, 701 371, 303 382,031 Customer Service 394, 280 3. 11% 499, 667 558, 043 499, 606 697,818 Utility Services 676,512 3. 05% 908, 441 868, 184 827, 190 1, 015,518 Water Operations 1, 164, 164 24.48% 1, 177, 750 701,010 539, 151 716,066 Water Distribution 557,637 11. 12% 4, 041, 757 5, 066,314 18, 384,652 4, 546, 138 Sewer Collection & Treatment 5, 960,055 31. 10% 4, 308, 773 3, 148, 988 2, 531, 005 1, 645, 932 Non -Departmental 1, 313,059 40. 53% 1, 279,551) 1, 931, 653) Reclassification of Capital Outlay 0.00% 911 1 1 122, 481 8, 783, 5977 23, 152,907 r 1 1' 100. 00 1500-1500- N.N. OeptOept 401401 7!!7!! 1201412014 8:8: 3939 AMAM  Sanitation Fund The Sanitation Fund encompasses 9. 6% of the City' s activities and services and accounts for solid waste operations that are financed and operated in a manner similar to a private business — where the intent is that the cost ( expenses, including depreciation) of providing the services to the public on a continuing basis be financed and recovered primarily through user charges. The City provides residential and commercial garbage collection, as well as yard waste and white goods collection. A commerical