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Metropolitan Wastewater Management Commission Budget Message
<br />• All SIW site operations and maintenance requirements are fully integrated and funded in the
<br />-: residuals program.
<br />• Working capital remains budgeted at $200,000 for Springfield and $500,000 for Eugene.
<br />• The Commission targets for funding the Operating Reserve and Equipment Replacement
<br />Reserve are met.
<br />• A one-time reduction of user fee funding for Capital Reserves is included to compensate for
<br />revenue shortfalls experienced in FY 01-02 and FY 02-03.
<br />• CIP projects budgeted in FY 03-04 will be completed in that timeframe.
<br />• Projected FY 02-03 revenues are as follows: User fees - $11,642,000 ;Interest - $437,137 ;
<br />System Development Charges - $850,000 ;and Chiquita Capital Repayment - $240,000 .
<br />REGIONAL WASTEWATER PROGRAM
<br />RESOURCE AND EXPENDITURE SLIlvIMARY
<br />BUDGET ADOPTED
<br />2002-03 2003-04
<br />__._
<br />RESOURCES
<br />User Fees
<br />- . Beginning Cash
<br />Internal Transfers
<br />Intergovernmental
<br />System Development Charge
<br />Capital Repayment
<br />Interest
<br />Miscellaneous
<br />- EXPENDITURES
<br />Reserves
<br />~ ~~ Operations
<br />Internal Transfers
<br />CIP
<br />~ .~_{ Administration
<br />(i
<br />$11,200,000 $11,642,000
<br />23,718,550 24,729,872
<br />7,595,441 1,231,098
<br />-- 0
<br />540,000 850,000
<br />243,476 240,000
<br />463,402 437,137
<br />39,484 179,765
<br />$43,800,353 $39,309,872
<br />$20,284,505 $20,085,327
<br />7,980,217 8,314,028
<br />7,595,441 1,231,098 **
<br />6,301,733 7,843,630
<br />1,638,457 1,835,789
<br />$43,800,353 $39,309,872
<br />* Capital Repayment revenue is money received from Chiquita Processed Foods in repayment
<br />of the local capital investment in the SIW.
<br />** Includes three equipment replacement contributions totaling $481,098 and a Capital Reserve
<br />contribution of $750,000.
<br />Metropolitan Wastewater Management Commission
<br />~~ ~r ~~~~
<br />Dan E. Brown
<br />Executive Officer
<br />Page 3
<br />FY 03-04 BUDGET
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