LTC 036-2007 Analysis of Budget to Preliminary Actual Revenues & Expenses for the FY ending 9/30/06 for General, Enterprise and Internal Service Funds
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/'v\IAtv\1 BEACH
RECEIVED
2007fEB -9 AI1/1: 24
cITy CLEHl'I'S OFF ICE
OFFICE OF THE CITY MANAGER
NO. LTC # 036-2007
LETTER TO COMMISSION
TO: Mayor David Dermer and Members of the City Commission
FROM: Jorge M. Gonzalez, City Manager ~~
DATE: February 8, 2007 () ~ 0
SUBJECT: ANALYSIS OF BUDGET TO PRELIMINARY ACTUAL REVENUES AND EXPENSES FOR THE FISCAL
YEAR ENDING SEPTEMBER 30, 2006, FOR GENERAL, ENTERPRISE, AND INTERNAL SERVICE FUNDS.
The Purpose of this LTC is to provide the preliminary actual revenue and expenses for the
Fiscal Year ending September 30, 2006. The year-end budget to preliminary actual
comparisons for General, Enterprise, and Internal Service Funds are presented in the
following pages. It shows that overall, there will be an operating budget surplus of
$5,618,159 (2.7%) in the General Fund. I recommend this surplus be used as follows: (1)
allocate $2 million to begin to set aside funds for the Citis accrued liability' for post-
employment (retiree health) benefits pursuant to new requirements of GASB 45; and (2) the
remainder to increase our Capital Reserve Fund. This last item will continue to ensure
adequate funding related to previously approved capital projects for expenditures due to bids
that are overbudget, change orders, or other unforeseen items.
It should be noted that this actual is preliminary in nature due to the fact that the City's
financial records will not be closed until after the external auditors complete their review.
Historically, this occurs in April, with the City's Comprehensive Annual Financial Report
(CAFR) For the Year Ended September 30, 2006, available in May 2007. However, this
analysis has considered all year-end closing entries to date and typically, any additional
changes are minor in nature.
I. General Fund Overview
At this writing, operating revenues received from all sources by the General Fund total
$217,061,208, which is $9,136,091 more than the adopted budget of $207,925,117. This
surplus is primarily due to higher than anticipated revenues from taxes on electricity, building
and trade permits, FEMA hurricane reimbursements, and an increase in interest earnings.
Operating expenditures incurred by all departments in the General Fund total $211 ,443,049,
which is $3,517,932 more than the adopted budget of $207,925,117. This is mainly due to
hurricane expenses for non-debris removal and retroactive payments to Miami-Dade County
Water and Sewer on behalf of residents to offset otherwise necessary fee increases.' These
items were slightly offset by some department savings. Since Florida Statutes prohibit the
overexpenditure of departmental budgets and funds, a budget amendment will be necessary
for those functions which projections indicate will overexpend their appropriation. A
Resolution to adopt the first amendment to the General, Enterprise and Internal Service
Fund Budgets for Fiscal Year 2005/06 will be presented at the February 14'h City
Commission meeting.
Summing the revenue surplus of $9, 136,091 and the overexpend itu res of $3,517,932 equals
a budget surplus of $5,618,159 (including open encumbrances of $1,315,456). A summary
of preliminary General Fund Revenues and Expenditures as of September 30, 2006 is as
follows:
General Fund
Revenues
Expenditures
Surplus/(Deficit)
Adopted Budget
FY 05/06
$207,925,117
207.925.117
$ 0
Preliminary Actual/Enc
as of 02/05/07
$217,061,208
211.443.049
$ 5,618,159
Budget/Actual
Over/(Under)
$ 9,136,091
3.517.932
$ 5,618,159
Note: . Includes current year encumbrances totaling $1,315,456.
For a detail of General Fund Revenues and Expenditures by category and classification, see
"Attachment A". Detailed comments on those revenue and expenditure categories with
significant variance are shown below.
General Fund Operating Revenues
As of September 30, 2006,. revenues collected equal $217,061,208 and represent an
excess of $9,136,091 or 4.4% of the adopted budget.
1. Ad Valorem Property Taxes - Year-end collections of $109,816,531 are 1.8%
under the budget creating a net shortfall of $1,961,561. This is primarily due to
higher than anticipated property value appeals approved by Miami-Dade County.
2. Other Taxes - This category includes franchise and utility taxes on services which
are sensitive to local economic indicators. Based on actual collections of
$22,257,255, an excess of $1,493,955, or 7.2%, resulted at year-end. This is
primarily due to an increase in revenues from taxes on electricity.
3. Licenses and Permits - This category includes licenses and building and special
use permits. Based on actual collections of $16,236,245, an excess of $3,725,232,
or 29.8%, resulted at year-end. This is primarily due to higher than anticipated
revenues from building and trade permits.
4. Intergovernmental - This category includes state-shared revenues such as
cigarette, convention development, gas and sales taxes. Based on actual collections
of $15,765,113, an excess of $2,744,517, or 21.1%, resulted year-end. This is
mainly due to FEMA hurricane reimbursements and sales tax proceeds.
5. Charges for Services - This category includes fees for copies, passports, fire
rescue, and recreational services. Based on actual collections of $8,496,229, an
excess of $853,429, or 11.2%, resulted at year-end. This is due primarily to higher
than expected revenues from the Miami Beach Golf Course.
6. Fines and Forfeits - This category includes traffic citations, and code and fire
violation fees. Based on actual collections of $2,322,452, an excess of $581 ,452, or
33.4%, resulted at year-end. This is due to an increase in code enforcement violation
revenues and parking fines issued by the Police Department.
7. Interest - This category includes interest income from City investments. Based on
actual collections of $5,794,944, an excess of $1,554,944, or 36.7%, resulted at
year-end. This is primarily due to rising interest rates during the year.
8. Rents and Leases - This category includes rents and leases on City-owned
facilities such as golf courses, Historic City Hall, and others. Projections indicate that
year-end revenues will exceed budget by less than 1 % or $538,767. This is primarily
due to an increase in revenues from the rental of the Miami Beach Marina previously
recorded in the former South Pointe RDA as well as revenues from bus shelters and
South Pointe Park Restaurant.
9. Miscellaneous - This category includes concessions, planning fees, and other
reimbursements. Projections indicate that year-end revenues will be 4.6% below
budget or $289,159 due primarily to lower reimbursements for capital project
charges as a result of CIP department savings from unfilled vacant positions
throughout the year.
General Fund Operating Expenditures
As of September 30, 2006, actual expenditures of $211,443,049 were 1.7% over budget or
$3,517,932. Variances for all departments are provided below. Significant variances to
budget in excess of $100,000 by General Fund department are explained.
1.
Mayor and Commission
Adopted Budget
FY 05/06
$ 1,343,332
Preliminary Actual/Enc.
as of 02/05/07
$1,194,865
Budget/Actual
Over/(Under)
$ (148,467)
This department is expected to spend 88.9% of its budget with a year-end surplus of
$148,467 due primarily to savings in operating costs as well as unfilled vacant positions
throughout the year.
2.
City Manager
Adopted Budget
FY 05/06
$ 2,177,714
Preliminary Actual/Enc"
as of 02/05/07
$ 2,172,397
Budget/Actual
Over/(Under)
$ (5,317)
Budget/Actual
Over/(Under)
$ (120,566)
The Communications Department is expected to spend 88.7% of its budget with a year-end
surplus of $120,566 due primarily to savings in operating costs as well as unfilled vacant
positions throughout the year.
3.
Communications
Adopted Budget
FY 05/06
$1,067,074
Preliminary Actual/Enc'
as of 02/05/07
$ 946,508
4.
Office of Budget & Performance Improvement
Adopted Budget Preliminary Actual/Enc.
FY 05/06 as of 02/05/07
$ 1,736,275 $1,656,994
Budget/Actual
Over/(Under)
$ (79,281)
5.
Finance
Adopted Budget
FY 05/06
$ 3,976,543
Preliminary Actual/Enc.
as of 02/05/07
$ 3,610,662
Budget/Actual
Over/(Under)
$ (365,881) ,
This department is expected to spend 90.8% of its budget with a year-end surplus of
$365,881 due primarily to unfilled vacant positions throughout the year.
6.
Procurement
Adopted Budget
FY 05/06
$ 765,613
7.
Human Resources
Adopted Budget
FY 05/06
$ 1,406,214
8.
Labor Relations
Adopted Budget
FY 05/06
$ 223,132
9.
City Clerk
Adopted Budget
FY 05/06
$ 1,499,264
Preliminary Actual/Enc'
as of 02/05/07
$ 798,240
Preliminary Actual/Enc'
as of 02/05/07
$ 1,364,405
Preliminary Actual/Enc'
as of 02/05/07
$ 252,124
Preliminary Actual/Enc.
as of 02/05/07
$ 1,346,695
Budget/Actual
Over/(Under)
$ 32,627
Budget/Actual
Over/(Under)
$ (41,809)
Budget/Actual
Over/(Under)
$ 28,992
Budget/Actual
Over/(Under)
$ (152,569)
This department is expected to spend 89.8% of its budget with a year-end surplus of
$152,569 due primarily to savings in operating expenses and unfilled vacant positions
throughout the year.
10. City Attorney
Adopted Budget
FY 05/06
$ 3,955,117
Preliminary Actual/Enc.
as of 02/05/07
$ 3,737,863
Budget/Actual
Over/(Under)
$ (217,254)
This department is expected to spend 94.5% of its budget with a year-end surplus of
$217,254 due primarily to unfilled vacant positions throughout the year and savings in
operating expenses.
11. Economic Development
Adopted Budget
FY 05/06
$ 863,936
Preliminary Actual/Enc.
as of 02/05/07
$ 836,242
Budget/Actual
Over/(Under)
$ (27,694)
12. Building
Adopted Budget
FY 05/06
$ 6,565,945
Preliminary Actual/Enc.
as of 02/05/07
$ 6,688,070
Budget/Actual
Over/(Under)
$ 122,125
This department is expected to spend 1.9% over its budget in the amount of $122, 125. This
is due primarily to the use of outside professional services to cover vacant positions. These
costs were offset from higher than anticipated revenues from permits and Building Training
Surcharge.
13. Planning
Adopted Budget
FY 05/06
$ 2,910,361
Preliminary Actual/Enc.
as of 02/05/07
$ 2,656,191
Budget/Actual
Over/(Under)
$ (254,170)
This department is expected to spend 91.3% of its budget with a year-end surplus of
$254,170 due primarily to unfilled vacant positions throughout the year and savings in
operating expenses.
14. Tourism & Cultural Development
Adopted Budget Preliminary Actual/Enc.
FY 05/06 as of 02/05/07
$ 2,623,647 $ 2,442,360
Budget/Actual
Over/(Under)
$ (181,287)
This department is expected to spend 93.1 % of its budget with a year-end surplus of
$181,287 due primarily to the delay in opening of the Colony Theatre.
15. Neighborhood Services
Adopted Budget
FY 05/06
$ 4,486,086
Preliminary Actual/Enc.
as of 02/05/07
$ 4,385,270
Budget/Actual
Over/(Under)
$ (100,816)
This department is expected to spend 97.8% of its budget with a year-end surplus of
$100,816 due primarily to savings in operating costs as well as unfilled vacant positions
throughout the year.
16. Parks and Recreation
Adopted Budget
FY 05/06
$24,842,148
Preliminary Actual/Enc'
as of 02/05/07
$24,158,799
Budget/Actual
Over/(Under)
$ (683,349)
The Parks and Recreation Department is expected to spend 97.2% of its budget with a
year-end surplus of $683,349 due primarily to unfilled vacant positions and savings in
operating expenses
17. Public Works
Adopted Budget
FY 05/06
$ 6,092,697
Preliminary Actual/Enc.
as of 02/05/07
$ 5,715,097
Budget/Actual
Over/(Under)
$ (377,600)
This department is expected to spend 93.8% of its budget with a year-end surplus of
$377,600 due primarily to unfilled vacant positions throughout the year.
18. Capital Improvement Program
Adopted Budget Preliminary Actual/Enc'
FY 05/06 as of 02/05/07
$ 3,179,602 $ 2,701,968
Budget/Actual
Over/(Under) ,
$ (477,634)
This department is expected to spend 85% of its budget' with a year-end surplus of
$477,634 due primarily to unfilled vacant positions throughout the year.
19. Police
Adopted Budget
FY 05/06
$67,738,027
Preliminary Actual/Enc.
as of 02/05/07
$68,703,087
Budget/Actual '
Over/(Under)
$ 965,060
The Police Department is expected to spend 1.4% over its budget in the amount of
$965,060 due primarily to higher than anticipated overtime usage for special events.
20. Fire
Adopted Budget
FY 05/06
$40,073,894
Preliminary Actual/Enc'
as of 02/05/07
$40,501,624
Budget/Actual '
Over/(Under)
$ 427,730
This department is projected to spend 1.1 % over its budget in the amount of $427,730. This
is primarily due to higher than anticipated overtime usage.
21. Citywide Accounts
Adopted Budget
FY 05/06
$ 27,868,933
Preliminary Actual/Enc.
as of 02/05/07
$ 34,944,025
Budget/Actual
Over/(Under)
$7,075,092
The Citywide Accounts are expected to spend 25.4% over their budget or $7,075,092.
Although there was lower than expected need to use budgeted contingencies for special
projects, there was $4,100,687 in non-debris removal hurricane expenses. Additionally, as
referenced in the Manager's Budget Message for the FY 2006/07 Adopted Budget and as
presented at the various meetings, there is also a charge of $1,168,663 in retroactive
payments to Miami-Dade County Water and Sewer on behalf of residents to offset
otherwise necessary fee increases. The non-debris removal hurricane expenses are offset
mainly by FEMA reimbursements.
Note: . Includes encumbra'nces
II. ENTERPRISE FUNDS
The City accounts for proprietary operations in Enterprise Funds. Convention Center,
Parking, Sanitation, Sewer, Stormwater, and Water are included in this grouping. Based
upon our review, the Enterprise Funds are at a significant surplus. However, it is necessary
to amend the appropriation for those departments for which our year-end expenditure
projections indicate will exceed their budget appropriation. Therefore, the Convention
Center and Sanitation Funds will require a budget amendment. For a detail of Enterprise
Fund Revenues and Expenses by department, see "Attachment B".
The Convention Center Fund overspent its budget by a net of $1,682,000 due to higher
personnel and electricity expenses associated with a higher volume of events and
Hurricane expenses. These expenses will be offset by revenues from a higher than
previously anticipated volume of events.
The Sanitation Fund overspent its budget by a net of $4.2 million due to debris removal
expenses in the aftermath of Hurricane Wilma. These expenses will be offset by higher
than anticipated revenues from Sanitation Franchise and Roll-Off Fees as well as
reimbursements from FEMA.
III. INTERNAL SERVICE FUNDS
The City accounts for those goods and services provided by one department to other
departments citywide on a cost reimbursement basis. Central Services, Fleet Management,
Information Technology, Property Management, and Risk Management (Self Insurance) are
included in this grouping. Based upon our review, all of these funds operated within budget
or at a surplus. For a detail of Internal Service Fund Revenues and Expenses by
department, see "Attachment C".
CONCLUSION
This analysis of preliminary operating revenues and expenses for General, Enterprise, and
Internal Funds for the year ended September 30, 2006, is presented as part of our on-going
efforts to keep the Commission informed of the status of the FY 2005/06 Budget.
A Resolution to adopt the first amendment to the General, Enterprise and Internal Service
fund Budgets for Fiscal Year 2005/06 will be presented at the February 14th City
Commission meeting.
JMG/KGB/JC~
Attachments A-C
ATTACHMENT A
FY 2005/06 General Fund Operating Summary
REVENUES
Ad Valorem Taxes
Ad Valorem Cap. Renewal & Replace.
Other Taxes
Licenses and Permits
Intergovernmental
Charges for Services
Fines and Forfeits
Interest
Rents and Leases
Miscellaneous
Other - Resort Tax contribution
Other - Non Operating revenues
Fund Balance
TOTAL REVENUES
EXPENDITURES
Mayor and Commission
City Manager
Communications
City Clerk
Finance
Office of Budget & Perf Improve.
Human Resources
Labor Relations
Procurement
City Attorney
Economic Development
Building
Planning
Tourism & Cultural Development
Neighborhood Services
Parks and Recreation
Public Works
Capital Improvement Program
Fire
Police
Citywide Accounts
Citywide Accounts-Hurricanes
Citywide Accounts-WASA retro pymt
Capital Renewal & Replacement
SUBTOTAL EXPENDITURES
Adopted Prelim Actual/Enc
FY 2005/06 05/06 as of Feb 5th
$ 109,248,527 $ 107,286,968 $ (1,961,559)
2,529,563 2,529,563 0
20,763,300 22,257,255 1,493,955
12,511,013 16,236,245 3,725,232
13,020,596 15,765,113 2,744,517
7,642,800 8,496,229 853,429
1,741,000 2,322,452 581 ,452
4,240,000 5,794,944 1,554,944
2,605,184 3,143,951 538,767
6,272,901 5,983,742 (289,159)
19,571,309 19,571,310 1
7,778,924 7,673,436 (105,488)
0 0 0
$207,925,117 $ 217,061,208 $ 9,136,091
$ 1,343,332 $ 1,194,865 $ (148,467)
2,177,714 2,172,397 (5,317)
1,067,074 946,508 (120,566)
1 ,499,264 1,346,695 (152,569)
3,976,543 3,610,662 (365,881 )
1,736,275 1,656,994 (79,281)
1,406,214 1,364,405 (41,809)
223,132 252,124 28,992
765,613 798,240 32,627
3,955,117 3,737,863 (217,254)
863,936 836,242 (27,694)
6,565,945 6,688,070 122,125
2,910,361 2,656,191 (254,170)
2,623,647 2,442,360 (181,287)
4,486,086 4,385,270 (100,816)
24,842,148 24,158,799 (683,349)
6,092,697 5,715,097 (377,600)
3,179,602 2,701,968 (477,634)
40,073,894 40,501,624 427,730
67,738,027 68,703,087 965,060
27,868,933 27,774,675 (94,258)
0 4,100,687 4,100,687
0 1,168,663 1,168,663
2,529,563 2,529,563 0
$ 207,925,117 $ 211,443,049 $ 3,517,932
1$
5,618,159 $ 5,618.1591
o $
ATTACHMENT B
FY 2005/06 Enterprise Funds Operating Summary
CONVENTION CENTERlTOPA
REVENUES
CHARGES FOR SERVICES
Rents and Leases
Concessions
Telephones
Electrical Income
Services
Miscellaneous and Other
Subtotal
OTHER
Convention Development Tax
Hurricane Reimbursement
Interest Earnings
Retained Earnings
Subtotal
TOTAL REVENUES
EXPENSES
Payroll and Fringes
Operating
Electricity
Management Fees to GF
Hurricane Expenses
Depreciation
Caoital
TOTAL EXPENSES
Adopted
FY 2005/06
Prelim Actual/Enc
05/06 as of Feb 5th
$ 4,583,569 $ 5,222,395
1,329,867 1,595,304
290,039 279,162
933,849 998,718
211,082 491,622
449,173 732,351
$ 7,797,579 $ 9,319,552
$ 4,500,000 $ 4,500,000
0 76,491
36,250 160,706
3,150,000 3,150,000
$ 7,686,250 $ 7,887,197
$ 15,483,829 $ 17,206,749
$ 4,392,248 $ 5,298,034
5,363,095 5,333,676
1,301,970 1,786,556
740,600 740,600
0 320,898
3,150,000 3,150,000
535,916 535,916
$ 15,483,829 $ 17,165,680
1$
o $
41,06911 $
$ 638,826
265,437
(10,877)
64,869
280,540
283,178
$ 1,521,973
$ 0
76,491
124,456
0
$ 200,947
$ 1,722,920
$ 905,786
(29,419)
484,586
0
320,898
0
0
$ 1,681,851
41,0691
FY 2005/06 Enterprise Funds Operating Summary
PARKING
REVENUES
CHARGES FOR SERVICES
Meters
Parking Citations
Attended Parking
Permits
Preferred Lot
Garages
Space Rental
Valet
Towino Fees
Subtotal
OTHER
Interest Earnings
Miscellaneous
Subtotal
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Management Fees to GF
Depreciation
Debt Service
Capital
TOTAL EXPENSES
Adopted
FY 2005/06
Prelim Actual/Enc
05/06 as of Feb 5th
$ 10,753,838 $ 11,534,941
3,217,495 2,551,002
1,849,500 2,274,104
623,039 745,841
580,000 864,045
3,713,800 4,458,525
379,600 382,679
390,000 475,165
150,000 125,087
$ 21,657,272 $ 23,411,389
$ 300,000 $ 1,138,184
102,800 (16,195
$ 402,800 $ 1,121,989
$ 22,060,072 $ 24,533,378
$ 6,311,101 6,385,545
9,313,161 8,675,044
2,433,400 2,433,400
1,633,409 1,261,065
2,184,901 1,820,473
184,100 946,925
$ 22,060,072 21,522,452
1$
3,010,92611 $
o $
$ 781,103
(666,493)
424,604
122,802
284,045
744,725
3,079
85,165
(24,913'
$ 1,754,117
$ 838,184
(118,995'
$719,189
$ 2,473,306
$ 74,444
(638,117)
0
(372,344 )
(364,428)
762,825
$ (537,620
3,010,9261
FY 2005/06 Enterprise Funds Operating Summary
SANITATION
REVENUES
CHARGES FOR SERVICES
Sanitation Fees
Franchise Tax-Waste Contractors
Franchise Tax-Right of Way
Trash Removal
Roll Off
Impact Fee-Construction
Impact Fee-Commercial
City Center RDA-Reimbursement
Amended CDT Interlocal Agreement
Violations/Fines
Subtotal
OTHER
Interest Earnings/Other
Hurricane Reimbursement
Retained Earnings
Stormwater Fund Contribution
Subtotal
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Garbage Contracts
Management Fees to GF
Hurricane Expenses
Depreciation
Debt Service - Loan Program
Caoital
TOTAL EXPENSES
Adopted
FY 2005/06
Prelim Actual/Enc
05/06 as of Feb 5th
$ 3,194,249 $ 3,202,333
1,982,616 2,407,078
251,250 309,611
35,000 52,599
360,000 636,309
665,000 857,512
700,000 683,774
862,648 532,913
2,665,002 2,473,354
75,000 27,552
$ 10,790,765 $ 11,183,035
$ 55,200 $ 174,113
0 3,628,079
0 46,995
584,000 584,000
$ 639,200 $ 4,433,187
$ 11,429,965 $ 15,616,222
$ 6,037,484 $ 4,467,405
1,969,567 3,075,354
2,349,736 2,097,972
264,500 264,500
0 4,337,544
255,378 464,896
150,000 155,431
403,300 735,997
$ 11,429,965 $ 15,599,099
1$
17,12311 $
o $
$ 8,084
424,462
58,361
17,599
276,309
192,512
(16,226)
(329,735)
(191,648)
, (47,448'
$ 392,270
$ 118,913
3,628,079
46,995
0
$ 3,793,987
$ 4,186,257
$ (1,570,079)
1,105,787
(251,764)
0
4,337,544
209,518
5,431
332,697
$ 4,169,134
17,1231
FY 2005/06 Enterprise Funds Operating Summary
SEWER OPERATIONS
REVENUES
CHARGES FOR SERVICES
Sewer User Fees
Sewer Connection Fees
Sewer Fees-Cities
Subtotal
OTHER
Interest Earnings
Miscellaneous
Hurricane Reimbursement
Retained EarninQs
Subtotal
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Sewer Treatment
Management Fees to GF
Hurricane Expenses
DERM Fee
Depreciation
Debt Service
Capital
TOTAL EXPENSES
Adopted
FY 2005/06
Prelim Actual/Enc
05/06 as of Feb 5th
$ 25,595,538 $ 24,580,555
65,000 15,916
2,260,000 2,444,360
$ 27,920,538 $ 27,040,831
$ 125,000 $ 229,720
630,000 630,844
0 106,206
590,970 0
$ 1,345,970 $ 966,770
$ 29,266,508 $ 28,007,601
$ 2,226,427 $ 2,102,428
2,884,718 2,517,074
14,762,731 14,806,541
1,388,957 1,388,957
0 97,500
1,843,065 1,930,168
1,080,000 1,082,400
4,489,640 1,891,843
590,970 435,041
$ 29,266,508 $ 26,251,952
1$
o $
1,755,64911 $
$ (1,014,983)
(49,084)
184,360
$ (879,707
$ 104,720
844
106,206
(590,970
$ (379,200
$ (1,258,907
$ (123,999)
(367,644)
43,810
0
97,500
87,103
2,400
(2,597,797)
(155,929
$ (3,014,556
1,755,6491
FY 2005/06 Enterprise Funds Operating Summary
STORMWATER
REVENUES
Stormwater Fees
Interest EarninQs/Other
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Contribution Sanitation
Management Fees to GF
Depreciation
Debt Service
Capital
TOTAL EXPENSES
Adopted Prelim Actual/Enc
FY 2005/06 05/06 as of Feb 5th
$ 8,085,000 $ 7,415,170 $ (669,830)
165,000 338,431 173,431
$ 8,250,000 $ 7,753,601 $ 1496,399
$ 1,386,822 $ 1,114,144
962,548 906,151
584,000 584,000
264,500 264,500
130,000 201,666
3,575,000 2,782,104
1,347,130 946,093
$ 8,250,000 $ 6,798,658
1$
954,94311 $
o $
$ (272,678)
(56,397)
0
0
71,666
(792,896)
1401,037'
$ 11,451,342
954,9431
FY 2005/06 Enterprise Funds Operating Summary
WATER OPERATIONS
REVENUES
CHARGES FOR SERVICES
Water Sales
Firelines
Water Connection Fees
Water TaooinQ
Subtotal
OTHER
Interest Earnings
Hurricane Reimbursement
Miscellaneous
Retained Earnings
Subtotal
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Water Purchase
Management Fees to GF
Hurricane Expenses
DERM Fee
Depreciation
Debt Service
Capital
TOTAL EXPENSES
Adopted
FY 2005/06
Prelim Actual/Enc
05/06 as of Feb 5th
$ 19,336,628 $ 19,448,656
100,000 70,889
3,000 514
215,000 132,084
$ 19,654,628 $ 19,652,143
$ 40,000 $ 73,741
0 101,634
600,000 595,434
883,400 0
$ 1,523,400 $ 770,809
$ 21,178,028 $ 20,422,952
$ 3,629,410 $ 2,958,272
2,561,316 2,125,226
7,038,000 6,891,574
1,673,843 1,673,843
0 97,500
1,421,699 1,353,675
660,000 673,071
3,310,360 2,266,634
883,400 551,721
$ 21,178,028 $ 18,591,516
1$
o $
1,831,43611 $
$ 112,028
(29,111)
(2,486)
182,916;
$ (2,485
$ 33,741
101,634
(4,566)
883,400
$ 752,591
$ 755,076
$ (671,138)
(436,090)
. (146,426)
0
97,500
(68,024)
13,071
(1,043,726)
1331,679
$ 12,586,512
1,831,4361
ATTACHMENT C
FY 2005/06 Internal Service Funds Operating Summary
CENTRAL SERVICES
REVENUES
Inter-departmental Charges
Interest/Other
Retained EarninQs
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Postage
Depreciation
Caoital
TOTAL EXPENSES
Adopted Prelim Actual/Enc
FY 2005/06 05/06 as of Feb 5th
$733,793
4,000
54,750
$792,543
$670,539
13,304
103,563
$787,406
$326,544 $319,208
291,631 300,105
170,000 163,702
4,368 4,391
0 0
$792,543 $787,406
$0
$0 II
($63,254 )
9,304
48,813
($5,137
($7,336)
8,474
(6,298)
23
o
($5,137
$0 I
FY 2005/06 Internal Service Funds Operating Summary
FLEET MANAGEMENT
REVENUES
Inter-departmental Charges
Sale of City Property
Interest/Other
Motor Fuel Tax Refund
Retained EarninQs
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Fuel
Debt Service
Caoital
TOTAL EXPENSES
Adopted Prelim Actual/Enc
FY 2005/06 05/06 as of Feb 5th
$5,842,191
220,000
127,001
72,000
540,402
$6,801,594
$6,856,151
128,375
645,793
92,645
o
$7,722,964
$1,403,896 $1,316,864
1,746,150 1,875,414
1,820,000 2,111,316
1,686,548 1,702,167
145,000 41,757
$6,801,594 $7,047,518
$0
$675,4461 I
$1,013,960
(91,625)
518,792
20,645
(540,402'
$921,370
($87,032)
129,264
291,316
15,619
(103,243'
$245,924
$675,4461
FY 2005/06 Internal Service Funds Operating Summary
INFORMATION TECHNOLOGY
REVENUES
Inter-departmental Charges
Other/lnterest
Retained Earninos
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Telephone
Depreciation
Debt Service
Capital
TOTAL EXPENSES
Adopted Prelim Actual/Enc
FY 2005/06 05/06 as of Feb 5th
$9,591,245
69,678
2,408,800
$12,069,723
$9,479,137
306,803
358,872
$10,144,812
$3,914,816 $3,623,490
3,046,702 2,711,193
1,049,000 1,085,690
1,085,789 100,616
517,956 646,105
2,455,460 1,977,718
$12,069,723 $10,144,812
$0
$0 II
($112,108)
237,125
2,049,928
$1,924,911
($291,326)
(335,509)
36,690
(985,173)
128,149
(477,742'
($1,924,911
$0 I
FY 2005/06 Internal Service Funds Operating Summary
PROPERTY MANAGEMENT
REVENUES
Inter-departmental Charges
Other/lnterest
Construction Projects
Retained EarninQs
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Depreciation
Caoital
TOTAL EXPENSES
Adopted Prelim Actual/Enc
FY 2005/06 05/06 as of Feb 5th
$7,276,821
5,000
794,282
174,770
$8,250,873
$7,675,020
28,231
355,038
102,218
$8,160,507
$3,883,582 $3,685,633
3,807,521 4,023,393
185,000 170,492
374,770 280,989
$8,250,873 $8,160,507
$0
$0 II
$398,199
23,231
(439,244)
72,552
$90,366
($197,949)
215,872
(14,508)
193,781
($90,366)
$0 I
FY 2005106 Internal Service Funds Operating Summary
RISK MANAGEMENT
REVENUES
Inter-departmental Charges
Other/Interest
General Fund Contribution
Retained EarninQs
TOTAL REVENUES
EXPENSES
Operating
Administrative Fees
Non-OperatinQ
TOTAL EXPENSES
$618,314 $637,682 $19,368
674,481 674,481 0
16,937,237 15,045,407 11,891,830\
$18,230,032 $16,357,570 ($1,872,462
$0 $1,000,000 I I $1,000,000 I
Adopted Prelim Actual/Enc
FY 2005/06 05/06 as of Feb 5th
$14,851,032 $14,848,285
100,000 34,837
1,000,000 2,000,000
2,279,000 474,448
$18,230,032 $17,357,570
($2,747)
(65,163)
1,000,000
11,804,552
1$872,462