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HomeMy WebLinkAboutOrdinance No. 02-1400 CITY OF THE COLONY, TEXAS ORDINANCE NO. ~-]&12 AN ORDINANCE OF THE CITY OF THE COLONY, TEXAS APPROVING THE REVISED BUDGET FOR FISCAL YEAR 2001-2002; APPROVING AND ADOPTING A BUDGET FOR THE CITY FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2002, THROUGH SEPTEMBER 30, 2003; PROVDING FOR THE INTRA AND INTER-DEPARTMENT FUND TRANSFERS; PROVIDING FOR THE INVESTMENT OF CERTAIN FUNDS; PROVDING THAT EXPENDITURES FOR SAD FISCAL YEAR SHALL BE MADE IN ACCORDANCE WITH SAD BUDGET; AND DECLARING AN EFFECTWE DATE. WHEREAS, the budget for fiscal year 2001-2002 has been revised since its adoption on September 17, 2001; and WHEREAS, the Budget Officer of the City of The Colony, Texas has heretofore filed with the City Secretary, a proposed budget for the City covering the fiscal year 2002-2003; and WHEREAS, notices of a public hearing on the Budget for the City of The Colony, Texas, for the fiscal year 2002-2003 were heretofore published in accordance with law; and WHEREAS, a public heating was duly held and all interested persons were given an opportunity to be heard for or against any item therein. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: Section 1. That the original budget for fiscal year 2001-2002 as adopted by City Ordinance No. 01-1311 on September 17, 2001 is hereby revised and approved as amended. Section 2. That the attached budget, presented by the City Manager and reviewed during the public hearing, be approved for the fiscal year 2002-2003. Section 3. That the City Manager be and is hereby authorized to make intra and Council approved inter-departmental fund transfers during the fiscal year as becomes necessary in order to avoid over-expenditures of a particular account. Section 4. That the City Manager and/or Budget Officer, unless expressly prohibited by law, or unless it is in contravention of any Depository Contract, may direct the City Finance Director to invest funds in accordance with the City's Investment Policy. Ord. No. Adopt 02-03 budget Section 5. That said Budget be attached to this Ordinance as Exhibit "A" and made a part hereof for all purposes. Section 6. The fact that the fiscal year begins on October 1, 2002, requires that this ordinance be effective upon its passage and adopted to preserve the public peace, property, health and safety, and shall be in full force and effect from and after its passage and adoption. PASSED AND APPROVED this 9 day of September ,2002. Bemetta Henville-Shannon, Mayor ATTEST: Patti A. Hicks, TRMC, City Secretary APPROVED AS TO FORM: ~tt-omey · Ord. No. Adopt 02-03 budget " GENERAL FUND Revenue & Expenditure Projections For Revised 2001-2002 & 2002-2003 Budget Years 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget TAXES Ad Valorem Taxes: Current Property Taxes 3,806,728 4,280,106 4,931,542 5,841,679 5,841,679 ~ 6,985,459 Ag. Roll Back Taxes 41,133 2,691 8,000 20,000 28,000 i~ 20,000 Delinquent Property Tax. 56,215 12,877 55,116! 25,000 50,000 ~!i 50,000 Penalties & Interest 59,536 20,897 39,094 i 25,000 40,000 ~ 40,000 Total 3,963,612 4,316,571 5,033,752 5,911,679 5 959,679 ~ 7,095,459 City Sales Taxes: ~ Sales Taxes 1,223,223 1,459,661 1,727,660 1,950,000 1,950,000[~ 2,050,000 Mixed Beverage Tax 25,937 34,318 38,938 37,000 41,500 ~ 42,000 Total 1,249,160 1,493,979 1,766,598 1,987,000 1,991,500 ~i 2,092,000 Franchise Taxes: TXU Electdc 605,545 557,644 662,647 685,000 761,000 820,000 CoServ Electdc 96,839 92,003 163,432 120,000 128,000 180,000 Natural Gas 16,778 30,300 117,874 92,000 108,000 110,000 Telephone 247,405 262,488 257,687 300,000 273,058 285,000 Cable Television 101,114 91,880 129,146 105,000 143,000 160,000 Sanitation-Residential 74,417 79,444 98,432 ! 95,000 91,400 100,000 Sanitation-Commercial 24,019 30,480 26,6361 65,000 38,465 42,600 Total 1,166,117 1,144,239 1,455,854 1,462,000 1,542,923 1,697,600 TOTAL TAXES 6,378,889 6,954,789 8,256,204 9,360,679 9,494,102 10,885,059 LICENSES & PERMITS: Landlord Licenses 19,755 0 0 0 0 0 Building Permits-New Homes 428,204 879,440 1,090,965 850,000 820,923 355,000 Building Permits-Other 43,542 64,498 74,688 60,000 99,434 59,000 Commercial Permits 147,161 53,715 252,292 150,000 52,632 48,000 Certificates Of Occupancy 29,690 1,000 750 1,000 1,000 1,000 Zoning Fees 9,856 12,965 11,700 15,000 5,000 15,000 Building Plan Reviews 2,751 2,680 2,900 3,000 32,950 9,650 Solicitors Permits 0 0 355 0 220 220 Health Permits 15,940 19,450 24,841 25,000 24,858 24,850 Platting Fees 19,804 8,619 7,759 10,000 10,000 10,000 Alcohol Permits 4,820 4,993 1,690 ~ 5,000 5,940 4,500 TOTAL LICENSES/PER. 721,523 1,047,360 1,467,940 1,119,000 1,052,957 527,220 CHARGES FOR SERVICES: Parks & Recreation: Park & Recreation Fees 144,776 124,784 102,545 105,000 145,000 151,000 Athletic Program Revenue 0 56,307 77,539 80,000 35,000 110,340 Pass & Facility Revenue 6,455 17,747 48,153 45,000 47,000 47,000 Total 151,231 198,838 228,237 230,000 227,000 308,340 Aquatic Park: Swimming Lessons 32,438 32,786 32,657 35,000 35,000 42,000 Season Passes 0 5,735 4,410 5,000 5,000 5,000 Swimming Team 7,376 7,006 8,880 9,000 9,000! 9,000 Entrance Fees 27,234 24,243 23,496 i 30,000 25,000 38,500 Concession Sales 2,601 2,657 220 3,000 500 500 Pdvate Party Fees 16,160 13,475 9,943 20,000 17,000. 27,000 GENERAL FUND Revenue & Expenditure Projections For Revised 2001-2002 & 2002-2003 Budget Years 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget Aerobic Classes 10,050 10,963 10,495 12,000 13,200 13,000 Total 95,859 96,865 90,101 114,000 104,700 135,000 Fire & Ambulance: Ambulance Calls 71,525 88,417 105,604 100,000 118,700 i 127,900 Liens On Services 1,732 1,896 3,726 5,000 5,000 ! 1,500 County Ambulance Funds 19,102 13,375 19,575 20,000 17,515 18,000 County Fire Funds 5,000 14,808 10,000 10,000 10,000 10,000 Total 97,359 118,496 138,905 135,000 151,215 157,400 Library: County Library Funds 46,624 50,821 52,562 52,562 55,989 57,510 Total 46,624 50,821 52,562 52,562 55,989 57,510 TOTAL CHARGES-SERV. 391,073 465,020 509,805 531,562 538,904 658,250 FINES & FORFEITURES: Municipal Court Fines 554,283 538,169 515,561 525,000 575,000 600,000 Court Secudty Fund 0 0 17,553 0 0 0 Court Technology Fund 0 0 23,356 0 0 0 Library Fines 2,159 2,367 2,476! 2,000 2,000 2,000 Animal Control Fees 48,081 39,604 16,072 0 0 0 TOTAL FINES & FORF. 604,523 580,140 575,018 527,000 577,000 602,000 INVESTMENT INCOME: Interest Income 124,435 178,496 156,815 175,000 85,440 85,000 TOTAL INVESTMENT 124,435 178,496 156,815 175,000 85,440 85,000 GRANT REVENUES: Police Grants 228,886 188,701 107,068 30,000 15,492 0 TOTAL GRANT REV. 228,886 188,701 107,068 30,000 15,492 0 OTHER REVENUES: Tower Rental Fees 0 0 0 0 0 i; 54,000 Miscellaneous: 50,341 80,686 61,904 65,000 65,000i 65,000 Police Reports 4,083 2,847 2,300 2,500 4,775 5,000 Pdor Year Surplus 0 0 0 141,005 177,858 107,815 TOTAL OTHER REV. 54,424 83,533 64,204 208,505 247,633 231,815 TOTAL REVENUES 8,503,753 9,498,039 11,137,054 11,951,746 12,011,528 12,989,344 TRANSFERS IN: Transfer from Utility Fund 700,000 750,000 800,000 975,000 975,000 1,125,000 Transfer - Stewart Creek 3,500 3,500 3,500 3,500 3,500 0 Transfer - Hidden Cove 3,500 3,500 3,500 0 0 0 Transfer- EDC & CDC 9,961 0 0 0 0 150,000 Transfer - Fund Close-outs 1,863 0 10,367 0 0 ~ 8,187 Total Transfers 718,824 757,000 817,367 978,500 978,500'~ 1,283,187 TOTAL REVENUES/TRANSF. 9,222,577 10,255,039 11,954,421 12,930,246 12,990,028 14,272,531 EXPENDITURES: Non-Departmental 555,404 798,347 930,292 ~ 1,135,500 921,403.~ 1,732,946 General Administration 162,426 177,000 144,668~ 394,895 385,639 ,~ 305,110 City Attorney 67,475 114,460 98,284 0 0 ;~i~ 0 " GENERAL FUND Revenue & Expenditure Projections For Revised 2001-2002 & 2002-2003 Budget Years 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget City Council 39,500 29,708 44,983 57,500 49,275 '~i~: 64,400 100,265 144,870 182,779 267,099 264,122 i~i 253,728 Development Services City Secretary 178,932 219,606 303,358 306,061 303,855~?-'~i 333,321 Human Resources 129,005 145,461 178,629 181,566 195,347 199,940 Finance 332,742 435,902 454,224 485,433 475,021 482,074 Information Technology 0 0 0 297,890 302,850 263,356 Municipal Court 137,003 165,154 160,721 213,427 204,135 212,573 City Marshall 89,302 119,274 129,605 92,650 91,384 0 Parks & Recreation 773,817 976,468 1,082,309 1,293,759 1,331,933 1,669,328 Aquatic Park 219,714 240,000 241,405 304,527 308,384 ~: 308,590 Inspections 281,893 358,782 514,618 531,333 520,086 511,247 Animal Control 131,790 0 0 ~ 0 0 0 Fire 1,229,044 1,412,850 1,587,482i 1,678,573 1,781,169 1,964,669 Police 2,436,986 2,979,218 3 166 027! 3,470,423 3,599,203 3,685,944 Library 399,758 460,020 531,520i 608,179 616,223 644,674 Engineedng 87,003 98,392 131,082 ! 191,407 189,227 211,185 Public Works 769,718 951,853 994,503 1,260,106 1,292,450 1,252,523 / Volunteer Center 3,159 1,701 997 4,418 2,822 4,423 / Budget Adjustments 0 0 0 0 0 0 // TOTAL EXPENDITURES 8,124,936 9,829,066 10,877,486 12,774,746 12,834,528 14,100,031 ? / TRANSFER OUT: Transfer - Fleet Replacement 50,000 50,000 75,000 125,000 125,000 [,~ 0 Transfer - Fleet Repl.(Pol. Cars) 119,956 0 0 0 0~ 0 Transfer - Recycling Fund 7,000 7,000 7,000 7,000 7,000 39,000 Transfer - Special Events Fund 0 0 0 15,000 15,000: 15,000 Transfer - Telecommunicetions 8,500 8,500 41,500 8,500 8,500 8,500 Transfer - Special Projects 91,766 0 0 0 0 0 Transfer - Hidden Cove Park 0 0 0 0 0 110,000 Transfer - Reserve Fund 90,000 0 0 0 0 0 Transfer - Reserve Fund 433,500 0 0: 0 0 0 TOTAL TRANSFER OUT 800,722 65,500 123,500 155,500 155,500 172,500 TOTAL EXPEND. & TRANSF. 8,925,658 9,894,666 11,000,986 12,930,246 12,990,028 14,272,631 EXCESS (DEFICIENCY) 296,919 360,473 953,435~ 0 0 0 BEGINNING FUND BALANCE 1,289,803 1,586,722 1,947,195 2,900,630 2,900,630 2,722,772 Surplus Used 0 0 0 (141,005) (177,858) (107,815) ENDING FUND BALANCE 1,586,722 1,947,195 2,900,630 2,759,625 2,722,772 2,614,957 Working Days in Fund Bal. 65 72 96 78 77 67 UTILITY FUND Revenue & Expense Projections For Revised 2001-2002 & 2002-2003 Budget Years 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget CHARGES FOR SERVICES: Water Service 3,522,729 4,239,773 4,417,273 4,600,000 4,600,000! 4,900,000 Wastewater service 2,002,047 2,389,121 2,436,946 2,588,000 2,560,000 2,614,140 Reconnect Fees 20,497 13,940 23,020 20,000 34,000 37,000 Penalties 98,796 103,677 111,828 105,000 115,000 120,000 Tap Connection Fees 64,080 71,920 100,473 95,000 79,500 35,000 Investment Income 88,836 133,413 143,555 135,000 58,175 65,000 Miscellaneous 41,713 20,350 21,766 25,000 20,775 21,900 TOTAL REVENUES 5,838,698 6,972,194 7,254,861 7,568,000 7,467,450 7,793,040 EXPENSES: Non-Departmental 333,228 403,130 556,463 741,570 490,571 570,031 Water Production 1,075,462 1,249,258 1,386,220 1,698,398 1,657,289 1,857,789 Water Distribution 494,690 655,082 742,352 874,151 821,559 1,070,667 Wastewater 360,540 417,203 415,996 488,285 479,803 498,390 Utility Administration 473,731 527,612 590,588 671,963 698,371 765,944 Public Services Administration 97,162 202,579 281,013 291,017 292,602 293,842 Facilities Maintenance 49,867 67,061 107,637 93,252 89,676 97,339 Budget Enhancements 0 0 0 0 0 0 TOTAL EXPENSES 2,884,680 3,521,925 4,080,269 4,858,636 4,529,871 5,154,002 TRANSFERS OUT: Transfer - General Fund 700,000 750,000 800,000 975,000 975,000 1,125,000 Transfer-D. S. MUD bonds 1,236,637 1,250,000 1,325,000 1,365,000 1,365,000 1,400,000 Transfer-D. S. Rev. bonds 225,000 225,000 225,000 225,000 225,000 100,000 Transfer-Special Projects 225,000 400,000 200,000 200,000 600,000 200,000 Transfer-Fleet Replacement 50,000 50,000 50,000 75,000 75,000 0 Transfer-General Debt Service 0 150,000 200,000 0 0 255,000 Transfer-Engineering Inspections 0 0 0 0 100,000 50,000 Transfer-85 Cert Obligation 0 0 0 0 18,185 0 Transfer-Capital Projects Street 0 0 0 200,000 247,800 0 Transfer-Gen. Fund Reserve 0 0 300,000 0 0 0 TOTAL TRANSFERS OUT 2,436,637 2,825,000 3,100,000 3,040,000 3,605,985 3,130,000 TOTAL EXPENS. & TRAN. 5,321,317 6,346,925 7,180,269 7,898,636 8,135,856 8,284,002 Audit Adjustments 0 51,430 0 0 0 0 EXCESS (DEFICIENCY) 517,381 676,699 74,592 (330,636) (668,406) (490,962) BEGINNING FUND BALANCE 1,530,678 1,995,524 2,672,223 2,746,815 2,746,815 2,078,409 Equity Transfers (52,535) 0 0 0 0 0 ENDING FUND BALANCE 1,995,524 2,672,223 2,746,815 2,416,179 2,078,409 1,587,447 Working Days in Fund Bal. 137 154 140 112 93 70 STEWART CREEK PARK FUND Revenue & Expenditure Projections For Revised 2001-2002 & 2002-2003 Budget Years 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget CHARGES FOR SERVICES: Fees & Permits 83,412 64,384 87,910 98,000 80,250 81,200 Golf Course Contributions 10,000 10,000 10,000 10,000 10,000 10,000 Investment Income 4,904 2,981 443 3,000 700 750 Miscellaneous 215 40 0 50 300 300 TOTAL REVENUES 98,531 77,405 98,353 111,050 91,250 92,250 EXPENDITURES: Salades 1,030 371 9,157 15,560 6,082 5,620 Contractual Services 50,443 58,507 46,694 62,840 66,185 68,180 Supplies 2,237 2,333 3,231 7,650 7,210 7,355 Maintenance 8,879 12,342 10,477 26,085 23,585 25,300 Capital Outlay 0 102,406 598 0 0 0 TOTAL EXPENDITURES 62,589 175,959 70,157 112,135 103,062 106,455 TRANSFERS OUT: Transfer to General Fund 3,500 3,500 3,500 0 3,500 0 Transfer to Hidden Cove 3,500 3,500 3,500 3,500 3,500 0 7,000 7,000 7,000 3,500 7,000 0 TOTAL EXPENS. & TRANS. 69,589 182,959 77,157 115,635 110,062 106,455 EXCESS (DEFICIENCY) 28,942 (105,554) 21,196 (4,585) (18,812) (14,205) BEGINNING FUND BALANCE 89,886 118,828 13,274 34,470 34,470 15,658 ENDING FUND BALANCE 118,828 13,274 34,470 29,885 15,658 1,453 HIDDEN COVE PARK Revenue & Expenditure Projections For Revised 2001-2002 & 2002-2003 Budget Years 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget ,Revised Budget CHARGES FOR SERVICES: Fees & Permits 247,952 205,137 245,826 275,000 270,183 270,000 Golf Course Contributions 0 5,863 10,000 10,000 22,000 22,000 Investment Income 71 88 25 75 75 75 Concession Revenues 3,777 2,406 3,204 5,000 3,000 3,000 Storage Revenues 0 0 0 13,500 13,500 17,000 Miscellaneous 7,003 8,472 9,930 9,000 0 9,000 TOTAL REVENUES 258,803 221,966 268,985 312,575 308,758 321,075 TRANSFERS IN: Transfer from Stewart Creek 3,500 3,500 3,500 3,500 3,500 0 Transfer from General Fund 0 0 0 0 0 110,000 TOTAL TRANSFERS 3,500 3,500 3,500 3,500 3,500 110,000 TOTAL REVENUES/TRANSF 262,303 225,466 272,485 316,075 312,258 431,075 EXPENDITURES: Salaries 219,182 213,870 204,773 226,939 232,835 272,157 Contractual Services 72,433 86,748 86,020 88,890 89,745 90,846 Supplies 22,283 22,151 22,939 29,820 29,820 27,340 Maintenance 18,713 22,100 21,887 31,070 56,700 35,100 Capital Outlay 0 4,290 0 0 0 0 Salary Adjustments 0 0 0 0 0 0 TOTAL EXPENDITURES 332,611 349,159 335,619 376,719 409,100 425,443 TRANSFERS OUT: Transfer to General Fund 3,500 3,500 3,500 0 0 0 Transfer to Land Fund 3,500 3,500 3,500 0 0 0 TOTAL TRANSFERS OUT 7,000 7,000 7,000 0 0 0 TOTAL EXPENS. & TRANS. 339,611 356,159 342,619 376,719 409,100 425,443 EXCESS (DEFICIENCY) (77,308) (130,693) (70,134) (60,644) (96,842) 5,632 BEGINNING FUND BALANCE (153,056) (230,364) (361,057) (431,191) (431,191) (528,033) ENDING FUND BALANCE (230,364) (361,057) (431,191) (491,835) (528,033) (522,401) RECYCLING FUND Revenue & Expenditure Projections For Revised 2001-2002 & 2002-2003 Budget Years 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget CHARGES FOR SERVICES: Recycling Billing 14,579 15,829 16,207 17,000 16,000 18,000 State Grant Revenues 0 0 0 0 0 0 Local Grant Revenues 0 0 1,000 1,000 1,000 1,000 Investment Income 2,094 1,912 1,176 1,500 1,220 1,500 Miscellaneous 500 0 44! 100 100 100 TOTAL REVENUES 17,173 17,741 18,828 19,600 18,320 20,600 TRANSFERS IN: Transfer from General Fund 7,000 7,000 7,000 7,000 7,000 39,000 TOTAL TRANSFERS IN 7,000 7,000 7,000 7,000 7,000 39,000 TOTAL REVENUES/TRANSF. 24,173 24,741 25,828 26,600 25,320 59,600 EXPENDITURES: Salaries 16,994 20,224 19,433 20,624 19,732 40,263 Contractual Services 2,467 7,088 3,190 6,550 7,844 5,650 Supplies 5,332 3,206 5,743 9,825 9,325 9,475 Maintenance 3,462 1,872 3,914 4,020 4,120 4,120 Capital Outlay 1,480 0 0 0 4,302 0 TOTAL EXPENDITURES 29,735 32,390 32,280 41,019 45,323 59,508 EXCESS (DEFICIENCY) (5,562) (7,649) (6,452) (14,419) (20,003) 92 BEGINNING FUND BALANCE 40,011 34,449 26,800 20,348 20,348 345 ENDING FUND BALANCE 34,449 26,800 20,348 5,929 345 437 GENERAL FUND RESERVE FUND Revenue & Expenditure Projections For Revised 2001-2002 & 2002-2003 Budget Years 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget REVENUES: Investment Income 16,118 30,544 27,868 30,000 10,000 10,000 County Participation 0 0 0 0 0 0 Developers Participation 0 0 0 0 0 0 Local Participation 0 0 0 0 0 0 TOTAL REVENUES 16,118 30,544 27,868 30,000 10,000 10,000 TRANSFERS IN: Transfer-Hidden Cove Park 3,500 3,500 3,500 0 0 0 Transfer-Emergency Equip. 20,000 14,000 0 0 0 0 Transfer-General Fund 90,000 0 0 0 0 Transfer-General Fund 433,500 0 0 0 0 0 Transfer-Utility Fund 0 0 300,000 0 0 0 TOTAL TRANSFERS IN 547,000 17,500 303,500 0 0 0 TOTAL REVENUES/TRANSF. 563,118 48,044 331,368 30,000 10,000 10,000 EXPENDITURES: Main st/Josey In-ROW 1997 0 0 0 0 0 0 Fencing-ROW 1997 & 1998 0 0 0 0 0 0 Manag. Severance Pay 1997 0 0 0 0 0 0 Municipal Court Renovation 0 14,000 0~ 0 0 0 Civil Claim 0 125,833 0 0 0 0 SH 121 Expansion Project 0 0 262,000 262,000 262,000 262,000 Silt removal testing(Scout & Lion's Club) 0 0 11,543 0 0 0 Deceleration lane-121 8, Standddge 0 0 12,112 0 92 0 Deceleration lane-121 & Momingstar 0 0 19,795 0 42,471 0 Traffic Signal-121 & Momingstar 0 0 0 0 75,982 0 Add. Signal\Right Turn Ln.-121 & Momingstar 0 0 0 0 0 0 TOTAL EXPENDITURES 0 139,833 305,450 262,000 380,545 262,000 TRANSFERS OUT: Trans.-Emerg. Equip. 1994 0 0 0 0 0 0 Trans.-Gen. Debt Serv. 1995 0 0 0 0 0 0 Trans.-General Fund 1996 0 0 0 0 0 0 Trans.-Hidden Cove 1995 0 0 0 0 0 0 TOTAL TRANSFERS OUT 0 0 0 0 0 0 TOTAL EXPENS. & TRANS. 0 139,833 305,450 262,000 380,545 262,000 EXCESS (DEFICIENCY) 563,118 (91,789) 25,918 (232,000) (370,545) (252,000) BEGINNING FUND BALANCE 302,785 865,903 774,114 800,032 800,032 429,487 ENDING FUND BALANCE 865,903 774,114 800,032 568,032 429,487 177,487 FLEET SERVICES FUND Revenue & Expenditure Projections For Revised 2001-2002 & 2002-2003 Budget Year 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget CHARGES FOR SERVICES: General Fund Charges 175,600 200,215 200,215 200,215 200,215 200 215 Utility Fund Charges 175,600 153,850 153,850 153,850 153,850 153 850 Hidden Cove Charges 4,800 8,100 8,100 8,100 8,100 8 100 Recycling Fund Charges 1,500 1,620 1,620 1,620 1,620 1 620 Engineering Inspections 1,500 1,215 1,215 1,215 1,215 1 215 Investment Income 4 1,054 2,562 1,500 1,000 1 500 Insurance Reimbursement 12,635 15,819 13,566 35,000 35,000 35,000 Miscellaneous 0 451 0 100 100 100 TOTAL REVENUES 371,639 382,324 381,128 401,600 401,100 401,600 EXPENDITURES: Personnel Services 174,088 190,179 205,867 263,234 248,740 256,448 Contractual Services 4,208 6,588 7,345 12,900 44,230 16,190 Supplies 30,791 41,211 43,638 62,980 55,550 58,870 Maintenance 123,845 122,042 117,465 136,280 106,520 118,610 Capital Outlay 0 7,520 6,916 20,090 3,348 20,090 Budget Adjustments 0 0 0 0 0 0 TOTAL EXPENDITURES 332,932 367,540 381,231! 495,484 458,388 470,208 EXCESS (DEFICIENCY) 38,707 14,784 (103) (93,884) (57,288) (68,608) BEGINNING FUND BALANCE 0 96,337 111,121 111,018 111,018 53,730 NET CONTRIBUTED ASSETS 57,630 0 0 0 0 0 ENDING FUND BALANCE 96,337 111,121 111,018 17,134 53,730 (14,878) Note: A vacant mechanic position was approved by the Council, but will not be funded for fiscal year 2002-2003. ECONOMIC DEVELOPMENT - 4A SALES TAXES Revenue & Expenditure Projections For Revised 2001-2002 & Proposed 2002-2003 Budget Year 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget CITY SALES TAXES: Sales Tax Revenues 597,026 744,415 863,804 975,000 975,000 1,025,000 Investment Income 8,096 32,689 53,571 60,000 30,000 33,000 Local Grant 0 3,625 0 0 0 0 Miscellaneous 0 0 0 0 0 0 TOTAL REVENUES 605,122 780,729 917,375 1,035,000 1,005,000 1,058,000 TRANSFERS IN: Transfer from Capital Projects Special Fund 0 0 0 0 45,000 0 TOTAL REVENUES/TRANSF. 605,122 780,729 917,375 1,035,000 1,050,000 1,058,000 EXPENDITURES-OPERATIONAL: Personnel Services 79,851 87,482 145,773 164,188 159,263 178,063 Contractual Services 17,398 28,445 14,262 37,711 37,711 39,330 Supplies 4,407 5,005 3,284 6,970 6,970 7,650 Maintenance 0 0 0 500 500 500 Capital Outlay 0 3,433 6,865 0 0 3,000 TOTAL EXPENDITURES 101,656 124,365 170,164 209,369 204,'!, '!. '!. 228,543 EXPENDITURES-ECONOMIC INCENTIVES: Marketing 56,250 62,101 47,051 69,000 97,000 97,000 Lone Star Gas Line 83,502 0 0 0 0 0 Traffic Light-Memorial/423 45,000 0 0 0 0 0 Water Line Replacement 21,191 0 0 0 0 0 Budget Suites 20,000 20,000 0 0 0 0 Equine Invest. Properties 0 25,000 0 0 0 0 Home Depot 0 0 227,000 0 0 0 Pizza Inn 0 0 0 0 250,000 0 Golden Corral 0 0 0 17,500 17,500 10,000 Colony Gymnastics(5yrs-25,000) 0 0 0 7,000 7,000 5,000 Memorial Drive Participation(200,000) 0 0 0 100,000 100,000 100,000 Christian Community Ac'don 0 0 0 0 0 5,000 Future Economic Development Incentives 0 0 0 500,000 250,000 1,000,000 TOTAL EXPENDITURES 327,599 231,466 444,235 902,869 925,944 1,445,543 EXCESS (DEFICIENCY) 277,523 549,263 473,140 132,131 124,056 (387,543) BEGINNING FUND BALANCE 137,533 415,056 964,319 1,437,459 1,437,459 1,561,515 ENDING FUND BALANCE 415,056 964,319 1,437,459 1,569,590 1-,561,515 1,173,972 ** 10% revenue requirement for advertisement is $102,500 for 2002-2003. The actual advertisement expenditures for 2000-2001 were $47,051. COMMUNITY DEVELOPMENT - 4B SALES TAXES Revenue & Expenditure Projections For Revised 2001-2002 & Proposed 2002-2003 Budget Year 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget CITY SALES TAXES: Sales Tax Revenues 597,026 744,415 863,804 975,000 975,000 1,025,000 Investment Income 12,360 48,183 72,213 65,000 20,000 15,000 TOTAL REVENUES 609,386 792,598 936,017 1,040,000 995,000 1,040,000 EXPENDITURES-OPERATIONAL: Personnel Services 61,978 57,763 87,622 105,220 106,576 125,178 Contractual Services 27,337 18,513 3,858 12,200 7,250 13,200 Supplies 4,048 3,572 2,061 4,400 3,800 5,650 Maintenance 0 314 307 250 250 250 Capital Outlay 0 1,187 0 0 2,800 2,000 TOTAL EXPENDITURES 93,363 81,349 93,848 122,070 120,676 146,278 EXP.~NDITURES-SPECIAL PROJECTS: /' Library transfer 0 91,295 0 0 0 0 J" Brinkley Sargent(Mast. Plan) 0 27,727 0 0 0 0 ../ Existing Parks Improvements 0 0 339,705 200,000 200,000 200,000 Sports Complex-Debt Serv. 0 0 321,434 552,668 552,668 550,593 Memorial Dr. Drainage Improvements 0 0 150,000 100,000 100,000 56,081 Memorial Dr. Participation-Street Improv. 0 0 0 100,000 100,000 100,000 TOTAL EXPENDITURES 0 119,022 811,139 952,668 952,668 906,674 TRANSFERS OUT: Transfer to General Fund 0 0 0 0 0 150,000 Transfer to Park Improvement Fund 0 0 0 0 116,000 0 Transfer to Community Complex Fund 0 0 0 0 427,644 0 TOTAL TRANSFERS 0 0 0 0 543 150,000 TOTAL EXPENS. & TRANS. 93,363 200,371 904,987 1,074,738 1,616,988 1,202,952 EXCESS (DEFICIENCY) 516,023 592,227 31,030 (34,738) (621,988) (162,952) BEGINNING FUND BALANCE 137,533 653,556 1,245,783 1,276,813 1,276,813 654,825 ENDING FUND BALANCE 653,556 1,245,783 1,276,813 1,242,075 654,825 491,873 HOTEL/MOTEL TAX FUND Revenue & Expenditure Projections For Revised 2001-2002 Proposed 2002-2003 Budget Years 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Actual Budget HOTEL/MOTEL TAXES: Taxes-Comfort Suites 13,447 46,168 54,357 55,000 51,700 52,000 Taxes-Budget Suites 18,424 70,730 54,189 70,000 48,093 48,000 Taxes-The Tribute 0 2,364 4,487 5,000 3,998 4,000 Investment Income 4 1,208 4,857 6,000 3,500 3,500 Miscellaneous 0 0 0 0 0 0 TOTAL REVENUES 31,875 120,470 117,890 136,000 107,290 107,500 EXPENDITURES: Convention-Visitor Bureau 0 2,145 960 0 0 0 Chamber of Commerce 0 0 0 0 0 5,000 Advertisement - 25% 0 0 0 0 0 0 Building Renovation - 50% 0 7,217 0 0 0 0 Contingencies 0 0 0 0 0 250,000 TOTAL EXPENDITURES 0 9,362 960 0 0 255,000 TRANSFERS OUT: Tran. to-Special Event 9,628 37,243 27,750 34,000 34,000 34,000 Tran. to-Debt Service 0 0 0 0 0 0 TOTAL TRANSFERS OUT 9,628 37,243 27,750 34,000 34,000 34,000 TOTAL EXPENS. & TRANS. 9,628 46,605 28,710 34,000 34,000 289,000 EXCESS (DEFICIENCY) 22,247 73,865 89,180 102,000 73,290 (181,500) BEGINNING FUND BALANCE 0 22,247 96,112 185,292 185,292 258,582 RESERVE FOR DEBT SERVICE 0 0 0 0 0 (47,941) ENDING FUND BALANCE 22,247 96,112 185,292 287,292 258,582 29,141 ENGINEERING INSPECTIONS Revenue & Expenses Projections For Revised 2001-2002 & Proposed 2002-2003 Budget Year 1998-1999 1999-2000 2000-2001 2001-2002 2001-2003 2002-2003 Actual Actual Actual Budget Revised Budget INSPECTION REVENUES: Inspection Fees: 93,631 111,489 106,719 260,000 40,000 30,000 Investment Income 1,893 3,094 500 0 0 Miscellaneous 0 0 0 0 0 TOTAL REYEN UES 95,524 114,583 109,678 260,500 40,000 30,000 TRANSFERS IN: Transfer from - Capital Project Street 0 0 0 0 0 50,000 Transfer from - Utility Fund 0 0 0 0 100,000 50,000 TOTAL TRANSFERS IN 0 0 0 0 100,000 100,000 TOTAL REVENUES/TRAN. 95,524 114,583 109,678 260,500 140,000 130,000 EXPENSES: Pemonnel Services 46,535 120,009 161,812 159,309 124,777 104,605 Contractual Services 215 2,135 3,846 2,950 3,900 3,900 Supplies 1,144 6,262 6,862 7,095 6,350 6,350 Maintenance 1,754 1,573 3,644 2,465 2,415 2,415 Capital Outlay 0 59,925 0 0 0 0 TOTAL EXPENSES 49,648 189,904 176,1 64 171,819 137,442 117,270 EXCESS (DEFICIENCY) 45,876 (75,321) (66,486) 88,681 2,558 12,730 BEGINNING FUND BALANCE 21,144 67,020 (8,301) (74,787) (74,787) (72,229) ENDING FUND BALANCE 67,020 (8,301) (74,787) 13,894 (72,229) (59,499) SPECIAL EVENTS FUND Revenue & Expenditure Projections For Revised 2001-2002 and Proposed 2002-2003 Budget Year 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget REVENUES: Donations 6,624 28,875 13,475 7,000 7,000 7,000 Investment Income 14 28 47 50 200 100 Miscellaneous 0 0 0 5,000 4,850 5,000 TOTAL REVENUES 6,638 28,903 13,522 12,050 12,050 12,100 TRANSFERS IN: Transfer from - General Fund 0 0 0 15,000 15,000 15,000 Transfer from-Hotel/Motel Tax 9,628 37,243 27,750 34,000 34,000 34,000 TOTAL TRANSFERS IN 9,628 37,243 27,750 49,000 49,000 49,000 TOTAL REVENUES/TRANSF 16,266 66,146 41,272 61,050 61,050 61,100 EXPENDITURES: 4th of July Celebration 21,821 35,306 29,895 48,850 48,600 49,400 Christmas Decorations 5,252 9,646 5,500 7,900 7,650 8,100 Other Events 0 0 0 3,000 3,500 3,550 Capital Outlay 0 0 5,000 0 0 0 TOTAL EXPENDITURES 27,073 44,952 40,395 59,750 59,750 61,050 EXCESS (DEFICIENCY) (10,807) 21,194 877 1,300 1,300 50 BEGINNING FUND BALANCE 8,315 (2,492) 18,702 19,579 19,579 20,879 ENDING FUND BALANCE (2,492) 18,702 19,579 20,879 20,879 20,929 TELECOMMUNICATION FUND Revenue & Expenditure Projections For Revised 2001-2002 and Proposed 2002-2003 Budget Year 1998-1999 lggg-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget REVENUES: Advertising Fees 0 0 0 0 0 0 Investment Income 3 15 5 20 20 20 Miscellaneous 0 0 0 0 0 0 TOTAL REVENUES 3 15 5 20 20 20 TRANSFERS IN: Transfer from - General Fund 0 0 33,000 0 0 0 Transfer from - General Fund 8,500 8,500 8,500 8,500 8,500 8,500 TOTAL TRANSFERS IN 8,500 8,500 41,500 8,500 8,500 8,500 TOTAL REVENUES/'rRANSF 8,503 8,515 41,505 8,520 8,520 8,520 EXPENDITURES: Personnel Services 0 0 0 700 700 700 Contractual Services 0 50 0 0 0 0 Supplies 4,223 6,121 8,820 8,700 8,700 8,700 Maintenance 0 1,122 75 1,200 1,200 1,200 Capital Outlay 0 3,431 30,781 0 0 0 TOTAL EXPENDITURES 4,223 10,724 39,676 10,600 10,600 10,600 TRANSFERS OUT: Transfer to - 0 0 0 0 0 0 TOTAL EXPENS. & TRANS. 4,223 10,724 39,676 10,600 10,600 10,600 EXCESS (DEFICIENCY) 4,280 (2,209) 1,829 (2,080) (2,080) (2,080) BEGINNING FUND BALANCE 1,414 5,694 3,485 5,314 5,314 3,234 ENDING FUND BALANCE 5,694 3,485 5,314 3,234 3,234 1,154 296 GENI~RAL DEBT SERVICE Revenue & Expenditure Yrojections For Revised 2001-2002 & 2002-2003 Budget Years 1998-1999 1999~2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget CHARGES FOR SI~tVICES: Current Property Taxes 1,263,049 1,473,479 1,802,091 51~ 2,332,262 2,332,262 2,815,623 Delinquent Property Taxes 9,547 13,378 58,600 .~ 1 §,000 30,000 25,000 Ag. Roll Back Taxes 8,799 665 2,257 ii 5,000 8,000 5,000 Penalty & Interest 10,212 6,667 13,151 ~ 10,000 15,000 12,000 Investment Income 23~314 31 t 110 43t000 ~?i 45~000 23?000 20~000 TOTAL REVENUES 1,314,921 1,525,299 1,919,099 2,407,262 2,408,262 2,877,623 Transfers In - Parks Special Projects. 270,026 272,705 .)~ 277,625 277,625 276,660 Transfers In ~ Utility Fund 150,000 200,000..~ ~ii:'~' 255,000 Transfer In - Hotel/Motel Tax - Transfers In - Parks 4B Projects 321~435 ~i~i 552~668 552~668 550~593 TOTAL TRANSFERS IN 420,026 794,140 ~fii21 830,293 830,293 1,082,253 TOTAL RL~I~NUK~/ 1,945~25 2,713~239 ;~iii 3,237,555 3,238,555 3,959,876 G.O. Refunding Bonds- 1989: 221,005 222,203 ~ ii Ce~:ificates of Obligation - 1998: 419,005 318,745 318,008 ~i 317,058 317,058 315,89 Certificates of Obligation ~ 1999: 111,796 248,396 iii 247,796 247,796 246,846 Certificates of Obligation - 2000: 235,964 :~ 238,836 238,836 240,911 Certificates of Obligation - 20OOA: 136,862 ~ 320,558 320,557 320,607 Cel'tificates of Obligation - 2001: ~ ~ 353,561 353,561 552,668 Ce~'tificates of Obligation - 2002 ~ ~! (55,592) 1,276,672 Installment & Tax Notes: Prior Years Installment Notes 137,958 - 1998 Tax Notes 245,559 334,440 317,220 1999 Tax Notes 360,596 365,981 370,940 370,940 1999A Tax Notes 270,026 272,705 277,625 277,625 276,660 2000 Tax Notes 248?285 246?084 241 ~ 188 244~182 Total Installment Notes 383,517 965,062 1,204,191 894,649 889,753 520,842 Fiscal Agent Fees & Other 1 ~564 14~709 4r751 3~000 4,200 4?700 TOTAL EXI~I~DI'IIJI?,~ 1,281,091 1,888,515 2,5~4.,172 2,731 ~458 2,672,169 3,8~5,141 EXCF.~q$ (DI~ICIENCY) 33,830 56,810 179~067 506,097 566,386 124,755 BFf~INNING lqJND BALANCE 68,523 102,353 159,163 338,230 338,230 904,616 ]~4'DII'qG FUND BALANCE 102,353 159,163 338,230 844,327 904,616 1,029,351 RF~I~.VI~ K)R 4B 353~561 552~668 552~668 550?593 I?,~MAIIN'IN(~ lqJ'ND BALANCE 102,353 159,163 (15,331) · 291,659 351,948 478,758 UTILITY TAX SUPPORTED DEBT Revenue & Expenditure Projectiom For Revised 2001-2002 & 2002-2003 Budget Years 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget CHARGES FOR SERVICES: Current Property Taxes 992,373 953,611 1,003,429" 1,097,535 1,097,535 1,206,695 Delinquent Property Taxes 55,768 Ag Roll Back Taxes 19,750 1,132 2,829 5,000 11,000 5,000 Pena/ty & Interest 31,600 5,870 9,805 8,000 10,000 9,000 Investment Income 53,789 61~564 43,242 65~000 20,000 25~000 TOTAL REVE3tUF3 1,I 53,280 1,022,177 1,059,305 1,175,535 1,138,535 1,245,695 Transfers In - Ut flity Fund 1,236~637 1,250,000 1 ~325,000 1 ~365,000 1,365,000 1 ~400,000 TOTAL TRANSFERS llq 1,236,637 1,250,000 1,325,000 1,365,000 1,365,000 1,400,000 TOTAL REVENUES~ TRANSFERS 1N 2,389,917 2,272,177 2,384,305 2,540,535 2,503,535 2,645,695 EXPENSES: Tax & revenue Refunding Bonds - 1985: Principal Payment - 541,721 541,721 489,484 Interest Payments 2~083r279 2~083,279 2,135,516 Total Bond Payments - 2,625,000 2,625,000 2,625,000 Tax & Res/enue Refunding Bonds - 1995: Principal Payment 2,060,000 2,185,000 2,320,000 Interest Payments 4137275 285r555 147,898 Total Bond Payment 2,473,275 2,470,555 2,467,898 Eastvale Certificates of Obligation - 1985: Principal Payment 5,000 5,000 5,000 5,000 5,000 1,000 Into-rest Payments 1,943 1~480 1~017 555 555 93 Total Bond Payment 6,943 6,480 6,017 5,555 5,555 1,093 Fiscal Agent Fees & Other 1~000 1~410 1,682 1~000 1~000 , 1~000 TOTAL tXPtN St S 2,481,218 2,478,445 2,475,597 2,631,555 2,631,555 2,627,093 EXCESS (DEFICIENCY) (91,301) (206,268) (91,292) (91,020) (128,020) 18,602 BEGINNING FUND BALANCE 518,190 426,889 220,621 "i!~ 129,329 129,329 1,309 ENDING FUND BALANCE 426,889 220,621 129,329 ~! 38,309 1,309 19,911 REVENUE BOND DEBT SERVICE Revenue & Expense Projectiom For Revised 2001-2002 & 2002-2003 Budget Years 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget CltARGES FOR SERVICES: Fees 287,641 301,396 323,893 ?, 330,000 345,000 360,000 Investment Inenme 25,076 31,490 22,060 ~i 33,000 13,000 15,000 TOTAL REVENUES 312,717 332,886 345,953 '?i 363,000' 358,000 375,000 Tnmsf'ers In- Utili~ Fund 225,000 225,000, 225,000 !i~'i 225,000 225,000 100,000 TOTAL TRANSFERS IN 225,000 225,000 225,000 ~ 225,000 225,000 100,000 TOTAL RKVKNUES/~:t TRANSl~RS ll~ 537,717 557,886 570,953 588,000 583,000 475,000 EXPENDITURES: Revenue Bonds- 1991 (SRF): ptcaxc~pal Payment 55,000 60,000 60,000 65,000 65,000 70,000 Interest Payment 45~925 42,900 39~600 36~300 36r300 32,725 Total Bond Payment 100,925 102,900 99,600 101,300 101,300 102,725 Revenue Bonds- 1995 (SRF): Pr~cipal Payment 35,000 40,000 40,000 40,000 40,000 45,000 Interest Paym~ 41~010 39~785 38,345 36~865 36,865 35,345 Total Bond Payment 76,010 79,785 78,345 76,865 76,865 80,345 Revenue Bonds - 1996-A(SRF): Principal Payment 25,000 30,000 30,000 30,000 30,000 30,000 Inmrest Payment 37~063 36,088 34,872 33,628 33,628 32,353 Total Bond Payment 62,063 66,088 64,872 63,628 63,628 62,353 Revenue Bonds - 1996-B: Principal Payment 15,000 15,000 20,000 20,000 20,000 20,000 Interest Payment 30~388 29~225 28r063 26~563 26,563 25,063 Total Bond Payment 45,388 44,225 48,063 46,563 46,563 45,063 Revenue Bonds - 1998 Principal Payment 100,000 105,000 105,000 110,000 110,000 115,000 Interest Payment 144?568 140~318 135,855 13 i ,393 131,393 126,718 Total Bond Payment 244,568 245,318 240,855 241,393 241,393 241,718 Fiscal Agent Fees & Olher 2,320 4?560 3ti 15 , 4,000 4,000 4,000, TOTAL EXPENDITURES 531,274 542,876 834,850 533,749 533,749 536,204 EXCESS (DEFICIENCV~ 6,443 15,010 36,103 54,251 49,251 (61,204) BEGINNING FUND BALANCE 469,270 475,713 490,723 526,826 526,826 576,077 ENDING FUND BALANCE 475,713 490,723 526,826 581,077 576,077 514,873 RESERVED 468,091 468,091 468,091 468,091 468,091 468,091 REMAl~G FUND BALANCE 7,622 22,632 58,735 112,986 107,986 46,782 VEHICLE REPLACEMENT FUND - GENERAL FUND Revenue & Expenditure Projections For Revised 2001-2002 & 2002-2003 Budget Years 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget CHARGES FOR SERVICES: Auction Proceeds 17,101 15,880 9,000 25,000 14,450 25,000 C.O.G. Grant Revenue 0 0 0 0 0 0 Insurance Proceeds 12,659 0 22,946 0 0 0 Investment Income 2,932 8,166 9,572 10,000 2,400 2,500 Miscellaneous 0 0 2,710 0 0 0 TOTAL REVENUES 32,692 24,046 44,228 35,000 16,850 27,500 TRANSFERS IN: Transfer from Police Dept. 130,823 0 0 0 0 0 Transfer from General Fund 50,000 50,000 75,000 125,000 125,000 0 / Transfer from - Fire Equip. 2,133 0 0 0 0 0 / TOTAL TRANSFERS IN 182,956 50,000 75,000 125,000 125,000 0 TOTAL REVENUES/TRANSF 215,648 74,046 119,228 160,000 141,850 27,500 EXPENDITURES: Capital Outlay-Police Cars 20,531 0 0 0 0 0 Capital Outlay-Fire Water Trk 0 0 0 0 0 0 Capital Outlay-City Marshall 12,857 0 0 0 0 0 Capital Outlay-Fire M. Veh. 34,552 0 0 0 0 0 Vehicle Replacement Progr. 0 0 82,965 98,092 348,154 0 TOTAL EXPENDITURES 67,940 0 82,965 98,092 348,154 0 EXCESS (DEFICIENCY) 147,708 74,046 36,263 61,908 (206,304) 27,500 BEGINNING FUND BALANCE (18,477) 129,231 203,277 239,540 239,540 33,236 ENDING FUND BALANCE 129,231 203,277 239,540 301,448 33,236 60,736 VEHICLE REPLACEMENT FUND - UTILITY FUND Revenue & Expenses Projections For Revised 2001-2002 & 2002-2003 Budget Years 1998-1999 1999-2000 2000-2001 2001-2002 2001-2002 2002-2003 Actual Actual Actual Budget Revised Budget CHARGES FOR SERVICES: Auction Proceeds 9,285 10,200 8,861 20,000 3,870 6,000 Insurance Proceeds 0 15,663 3,817 0 0 0 Investment Income 52 3,563 5,732 5,000 2,000 2,000 Miscellaneous 0 0 2,710 0 0 0 TOTAL REVENUES 9,337 29,426 21,120 25,000 5,870 8,000 TRANSFERS IN: Transfer from Utility Fund 50,000 50,000 50,000 75,000 75,000 0 TOTAL TRANSFERS IN 50,000 50,000 50,000 75,000 75,000 0 TOTAL REVENUES/TRANSF 59,337 79,426 71,120 100,000 80,870 8,000 EXPENDITURES: Vehicle Replacement Progr. 0 19,490 77,940 100,700 147,001 25,000 TOTAL EXPENDITURES 0 19,490 77,940 100,700 147,001 25,000 EXCESS (DEFICIENCY) 59,337 59,936 (6,820) (700) (66,131 ) (17,000) BEGINNING FUND BALANCE 0 59,337 119,273 112,453 112,453 46,322 ENDING FUND BALANCE 59,337 119,273 112,453 111,753 46,322 29,322