Page 76 - FY 19 Budget Forecast 91218.xlsx

FY 2018‐19 Five‐Year Operating Fund Outlook

Drainage Utility Fund

FY 2019‐20 FY 2020‐21 FY 2021‐22 FY 2022‐23 FY 2023‐24

Revenues
Drainage Utility 1,456,371 1,456,371 1,456,371 1,456,371 1,456,371
Fees
Charges for Service 1,020 1,040 1,061 1,082 1,104
Other Revenue 20,477 20,886 21,304 21,730 22,164
Total Revenue $1,477,868 $1,478,297 $1,478,736 $1,479,183 $1,479,640

Expenditures
Personnel Services 650,842 670,367 690,478 711,192 732,528
Operations & 165,830 170,805 175,929 181,207 186,643
Maintenance
Services & Other 425,022 437,773 450,906 464,433 478,366
Future Anticipated 395,000 325,000 325,000 325,000 200,000
needs
Total Expenditures $1,636,694 $1,603,945 $1,642,313 $1,681,832 $1,597,537

Variance $(158,826) $(125,647) $(163,577) $(202,649) $(117,898)

Five‐Year Outlook Notes:

 The Drainage Utility fee is a flat fee placed on utility bills that was recently decreased to $7 per month for
residential accounts. While the fee is adopted annually, there are no plans at this time to increase the fee.
As a result, any growth would come from future development. Additionally, the fund will always have an
operationally balanced budget and meet any fund balance requirements as required by city financial
policies.
 FY 2019‐20 through FY 2022‐23 include CIP fund transfer of $325,000 for the Bear Creek Culvert and
Nightingale Culvert projects.
 FY 2019‐20 includes a CIP fund transfer of $70,000 for Shady Lane South drainage improvements.
 FY 2023‐24 includes a CIP fund transfer of $200,000 for unanticipated drainage improvements.

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