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Metropolitan Wastewater Management Commission Budget Message
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<br />REGIONAL WASTEWATER PROGRAM
<br />RESOURCE AND EXPENDITURE SUMMARY
<br /> BUDGET AMENDED PROPOSED
<br /> 2006-07 2006-07 2007-08
<br />RESOURCES
<br />User Fees $17,274,000 $17,274,000 $19,089,000
<br />Beginning Cash 31,942,202 30,713,811 71,570;063
<br />Internal Transfers 7,829,646 3,829,646 41,947,127
<br />System Development Charge ' , 1,868,800 1,868;800 1,770,000
<br />Interest 1,177,113 1,177,113. 2,023,000
<br />Revenue Bond Proceeds 40,000,000 50,000,000 50,000,000
<br />Miscellaneous 44,615 548,614 892,635
<br />' $100,136,376 $105,411,984 $187,291,825
<br />EXPENDITURES
<br />Reserves $25,314,154 $31,844,058 $50,876,779
<br />Operations 9,659,696 9,738,318 10,026,097
<br />Internal Transfers 7,829,646 3,829,646 41,956,272
<br />CIP 51,721,611 54,465,324 76,982,880 **
<br />Bond Sale Expense 762,500 762,500 0
<br />Debt Service 1,473,431 1,200,000 3,702,088
<br />Administration ~ 3,375,338 3,572,138 3,747,709
<br /> $100,136,376 $105,411,984 $187,291,825
<br />* Includes three equipment replacement contributions totaling $696,823 and a Capital Reserve contribution of
<br />$4,000,000.
<br />** In governmental budgeting, projects are fully budgeted in the fiscal year in which the contract is awarded. At
<br />the end of each fiscal year, unspent funds are carried forwazd until the project is completed. This provides
<br />budget appropriations necessary for MWMC to commit to contracts that span more than one fiscal year.
<br />Respectfully submitted,
<br />Dan E. Brown,
<br />MWMC Executive Officer
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<br />Page 2 FY 07-08 Budget _
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