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Metropolitan Wastewater Management Commission Budget Message
<br />REGIONAL WASTEWATER PROGRAM
<br />RESOURCE AND EXPENDITURE SUMMARY
<br /> BUDGET ADOPTED
<br /> 2004-OS 2005-06
<br />RESOURCES
<br />User Fees $15,316,000 $16,150,000
<br />Beginning Cash 23,518,554 $23,333,924
<br />Internal Transfers 3,390,105 $12,311,985
<br />System Development Charge 1,112,440 $1,774,800
<br />Capital Repayment 0 0
<br />Interest 609,909 $606,900
<br />Revenue Bond Proceeds 6,500,000 $31,500,000
<br />Miscellaneous 456,494 $46,809
<br /> $50,903,502 $85,724,418
<br />EXPENDITURES
<br />Reserves $15,447,149 $22,828,732
<br />Operations 8,890,345 $9,728,373
<br />Internal Transfers 3,390,105 $12,311,985
<br />CIP 20,449,541 $36,394,133 **
<br />Bond Sale Expense 0 $762,500
<br />Debt Service 0 $762,500
<br />Administration 2,726,362 $2,936,1.95
<br /> $50,903,502 $85,724,418
<br />* Includes three equipment replacement contributions totaling $346,056, a Capital Reserve contribution of
<br />$3,137,500, transfer of $3,150,000 of revenue bond proceeds to fund the Revenue Bond Reserve, and transfer of
<br />$5,678,429 in beginning cash from the Combined SDC Fund, which will no longer exist, to the newly created
<br />Reimbursement and Improvement SDC Funds.
<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 forward 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 />Metropolitan Wastewater Management Commission
<br />Dan E. Brown
<br />Executive Officer
<br />.Page 4 FY OS-06 BUDGET AND CIP
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