199-2001 LTC
CITY OF MIAMI BEACH
Office of the City Manager
Letter to Commission No. /1 Cj - .Jrx) /
,
m
To:
Mayor Neisen 0, Kasdin and
Members of the City Commission
Date: August 30, 2001
From:
Jorge M, Gonzalez ~ ~
City Manager () U
AN ANALYSIS OF ACTUAL REVENUES AND EXPENSES FOR THE
QUARTER ENDED JUNE 30, 2001, WITH OPERATING BUDGET
PROJECTIONS THROUGH SEPTEMBER 30. 2001, FOR GENERAL,
ENTERPRISE, AND INTERNAL SERVICE FUNDS.
Subject:
ANALYSIS
Resolution Number R-94-21258 directed the Administration to formalize and strengthen
its dialogue with the Commission on operating budget reporting and monitoring, LTC 162-
1994 specified the means and frequency by which quarterly status reports would be
submitted to the Commission, Therefore, the following analysis is presented,
Third quarter budget to actual comparisons for General, Enterprise, and Internal Service
Funds are presented in the following pages with comments on those areas which are at
a significant variance to budget. Categories identified correspond to those major
categories/classifications identified in the budget Resolution, 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.
I. GENERAL FUND OVERVIEW
An analysis of third quarter operating revenues and expenditures as of June 30, 2001,
reveals an operating surplus of $16,423,296, Based on actual amounts and operating
projections through September 30, 2001, it is anticipated that at year-end we will generate
a budget surplus of approximately $1,887,511,
AGENDA ITEM
DATE
Analysis of Revenues/Expenses as of June 30, 2001
August 21, 2001
Page 2
A summary of preliminary General Fund Revenues and Expenditures as of June 30,
2001, with projections through September 30, 2001 follows:
General Fund
Revenues
Expenditures
Surplus/(Deficit)
Budget
FY 00/01
$127,999,616
127,999.616
$ 0
Actuals'
June 30, 2001
$108,999,465
92,576,169
$ 16,423,296
Projected
Sept.30, 2001
$131,037,669
129.150,158
$ 1,887,511
BudgeUActual
Over/(Under)
$3,038,053
1,150.542
$1,887,511
Note: 'Does not include valid current year encumbrances totaling $5,394,169,
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,
A. General Fund Operating Revenues
As of June 30,2001, actual revenues collected were 85% of budget or $108,999,465, On
a straight line average for nine months ended (June 30,2001), revenues collected should
have been at a minimum, approximately 75% of budget or $95,999,712, While actual
revenues received were greater than this minimum, this can be somewhat misleading, The
City receives a greater percentage of its ad valorem taxes in the first quarter, which must
be duly considered when analyzing actual revenues and formulating year-end revenue
projections, Year-end projections through September 30, 2001 which total $131,037,669
indicate that revenues will exceed budget by over 2%,
1. Ad Valorem Property Taxes - Based on actual collections to date and
historical trends, it is projected that year end collections will be 100% of budget.
2. Other Taxes - This category includes franchise and utility taxes on services
which are sensitive to local economic indicators, Projections indicate that year-end
collections will exceed budget by over 5% or $1 ,062,455, This is due to revenues from the
cable television settlement and increased revenues from gas, cable television and waste
contractor franchise taxes,
3. Licenses and Permits - This category includes occupational licenses and
building and special use permits, Projections indicate that year-end revenues will exceed
budget by over 18% or $1,480,500, This is primarily due to increased revenues from
building and trade permits,
4. Intergovernmental - This category includes state shared revenues such as
cigarette, gasoline, and sales taxes, Projections indicate that year-end collections will
exceed budget by 2% or $190,000, This is due to an increase in local option gas tax and
sales tax revenues,
Analysis of Revenues/Expenses as of June 30, 2001
August 21,2001
Page 3
5. Charges for Services - This category includes admissions at recreational
centers and facilities, and fees for fire rescue services, Projections indicate that year-end
collections will fall short of budget by almost 17% or $349,500, This is due to a decrease
in fire rescue fees and a delayed implementation of the new Concurrency Statement fees,
6. Fines and Forfeits - This category includes traffic citations, and code and
fire violation fines, Projections indicate that year-end collections will exceed budget by
approximately 26% or $336,300, This is primarily due to an increase in code violation
revenues and traffic enforcement fines,
7. Interest - This category includes interest income from City investments,
Based on actual collections to date and historical trends, it is projected that year end
collections will exceed budget by approximately 15% or $700,000, This is due to an
increase in the funds available for investments,
8. Rents and Leases - This category includes rents and leases on City-owned
facilities such as the Bayshore Golf Course, Old City Hall, and others, Projections indicate
that year-end collections will exceed budget by approximately 33% or $404,130, This is
due to an increase in revenues from the Penrod's Pier Park and South Pointe Park
restaurant leases,
9. Miscellaneous - This category includes concessions, planning fees, and
other reimbursements, Projections indicate that year-end revenues will be 17% or
$785,832 less than budgeted due to lower than expected revenues from construction
management charges to capital projects,
10. Other - This category includes management fees and other non-operating
revenues such as resort tax interfund transfers, Projections indicate that year-end
revenues will be 100% of budget.
B. General Fund Operating Expenditures
As of June 30, 2001, actual expenditures were approximately 72% of budget or
$92,576,169, On a straight line average for nine months ended (June 30, 2001),
expenditures should have been at a minimum, approximately 75% of budget or
$95,999,712, Therefore, at June 30th, expenditures were less than the straight line
projection by $3,423,543 or less than 4%, Year-end projections through September 30,
2001 which include actuals and valid encumbrances totaling $129,150,158, indicate that
year-end expenditures will exceed budget by less than 1%,
Significant variances to budget by General Fund department are discussed below which
further support the assumptions utilized in formulating year-end projections,
Analysis of Revenues/Expenses as of June 30, 2001
August 21, 2001
Page 4
1. City Attorney
Budget
FY 00/01
$2,889,856
Actuals.
June 30, 2001
$2,160,094
Projected
Sept. 30, 2001
$3,239,856
BudgeUProjected
Over/(Under)
$350,000
This department is expected to exceed its budget by 12% and have a year-end deficit of
$350,000, This is due primarily to unforseen outside legal counsel fees to firms assisting
the City on various cases,
2. Planning
Budget
FY 00/01
$2,005,227
Actuals.
June 30, 2001
$1,143,702
Projected
Sept. 30, 2001
$1,780,227
BudgeUProjected
Over/(Under)
($225,000)
This department is expected to expend 89% of its budget and generate a year-end surplus
of $225,000 due primarily to unfilled professional and support staff positions, It is
anticipated that these vacancies will be filled by the fourth quarter,
3. Police
Budget
FY 00/01
$45,105,401
Actuals.
June 30, 2001
$32,301,200
Projected
Sept. 30, 2001
$45,830,401
BudgeUProjected
Over/(Under)
$725,000
This department is expected to exceed its budget by less than 2% and have a year-end
deficit of $725,000, This is due primarily to projected overtime during holiday weekends,
and the anticipated cost of the additional benefits in the proposed FOP contract that were
not budgeted,
4, Fire
Budget
FY 00/01
$20,973,158
Actuals.
June 30, 2001
$14,764,042
Projected
Sept. 30, 2001
$21,323,158
BudgeUProjected
Over/(Under)
$350,000
This department is expected to exceed its budget by less than 2% and have a year-end
deficit of $350,000, This is due primarily to staffing critical vacant positions with overtime,
as well as various union-negotiated agreements affecting wages, These vacancies were
filled in the third quarter.
,
Analysis of Revenues/Expenses as of June 30, 2001
August 21,2001
Page 5
5. Building
Budget
FY 00/01
$3,262,460
Actuals*
June 30, 2001
$2,374,624
Projected
Sept. 30, 2001
$3,639,460
BudgeUProjected
Over/(Under)
$377,000
This department is expected to exceed its budget by more than 12% and have a year-end
deficit of $377,000, This is due primarily to the use of outside companies to fill vacant
professional positions that are critical to the timely issuance of building and trade permits,
Note: * Does not include encumbrances,
II. ENTERPRISE FUNDS
The City accounts for proprietary operations in Enterprise Funds, Convention Center,
Parking, Sanitation, Sewer, Storm Water, and Water are included within this grouping,
Based upon our review, all funds will operate at budget or at a surplus, For a detail of
Enterprise Fund Revenues and Expenses by department, see "Attachment B,"
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 funds will operate at
budget or at a surplus, For a detail of Internal Service Fund Revenues and Expenses by
department, see "Attachment C,"
This analysis of operating revenues and expenses for General, Enterprise, and Internal
Service Funds as of June 30, 2001, with projections through September 30, 2001, was
presented in accordance with Commission directives, Measures will be taken by the
Administration to ensure that revenue targets are achieved and unnecessary expenditures
are curtailed to assure a year-end surplus,
JMG/PDW/J~
ATTACHMENT A
FY 2000/2001 General Fund Operating Summary Projection
Adopted As of Projected Proj - Adpt
FY 2000/01 June 30, 2001 FY 2000/01 Over/(Under)
REVENUES
Ad valorem Taxes 49,801,421 46,545,934 9,801,421 0
Ad Valorem Taxes-RDA So Pointe 4,742,612 4,432,445 4,742,612 0
Ad Valorem Taxes-RDA City Center 5,252,610 4,909,089 5,252,610 0
Other Taxes 18,197,550 12,743,045 19,260,005 1,062,455
Licenses and Permits 8,117,700 8,429,401 9,598,200 1,480,500
Intergovernmental 9,465,000 6,652,818 9,655,000 190,000
Charges for Services 2,085,200 1,236,231 1,735,700 (349,500)
Fines and Forfeits 1,303,700 1,255,617 1,640,000 336,300
Interest 4,740,000 4,675,725 5,440,000 700,000
Rents and Leases 1,226,495 1,015,898 1,630,625 404,130
Miscellaneous 4,602,774 4,057,347 3,816,942 (785,832)
Other 18,464,554 13,045,915 18,464,554 0
Fund Balance 0 0 0 0
TOTAL REVENUES 127,999,616 108,999,465 131,037,669 3,038,053
EXPENDITURES
Mayor and Commission 1,020,918 702,298 968,918 ($52,000)
City Manager 1,572,161 1,128,993 1,572,161 0
City Attorney 2,889,856 2,160,094 3,239,856 350,000
Childrens Affairs 175,631 101,494 165,631 (10,000)
City Clerk 1,262,643 742,734 1,207,643 (55,000)
Management and Budget 476,675 300,525 431,675 (45,000)
Internal Audit 331,585 231,343 331,585 0
Arts, Culture and Entertainment 378,581 273,241 378,581 0
Media Relations 286,715 203,203 286,715 0
Finance 2,688,304 1,667,821 2,598,304 (90,000)
Human Resources 1,356,270 1,069,756 1,344,270 (12,000)
Planning 2,005,227 1,143,702 1,780,227 (225,000)
Community/Economic Development 1,125,437 742,017 1,125,437 0
Procurement 510,608 391,291 582,608 72,000
Public Works 5,525,456 3,262,643 5,460,456 (65,000)
Parks and Recreation 16,815,761 10,869,897 16,815,761 0
Bass Museum of Art 926,808 730,843 981,808 55,000
Police 45,105,401 32,301,200 45,830,401 725,000
Fire 20,973,158 14,764,042 21,323,158 350,000
Code Compliance 1,634,624 1 ,093,456 1,619,624 (15,000)
Building 3,262,460 2,374,624 3,639,460 377,000
Citywide Accounts 7,680,115 6,535,189 7,680,115 0
Citywide Accounts-RDA So Pointe 4,742,612 4,645,791 4,645,791 (96,821)
Citywide Accounts-RDA City Center 5,252,610 5,139,973 5,139,973 (112,637)
TOTAL EXPENDITURES 127,999,616 92,576,169 129,150,158 $1,150,542
$0 $16,423,296 $1,887,511 I $1,887,511 I
ATTACHMENT B
FY 2000/2001 Enterprise Funds Summary Projection
CONVENTION CENTERlTOPA
REVENUES
CHARGES FOR SERVICES
Rents And Leases
Concessions
Telephones
Ancilliary Income
Services
Miscellaneous & Other
Subtotal
OTHER
Convention Development Tax
Interest Earnings
Retained Earnings
Subtotal
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Electricity
Management Fees to GF
Depreciation
TOTAL EXPENSES
EXCESS OF REVENUES OVER/
(UNDER) EXPENSES
Adopted As of Projected
FY 2000/01 June 30, 2001 FY 2000/01
$4,043,957 $4,289,709 $5,338,381
783,572 853,868 1,622,601
1,016,500 567,277 762,414
961,140 1,168,537 1,302,855
353,980 634,012 612,275
412,744 391,119 289,272
$7,571,893 $7,904,522 $9,927,798
$1,500,000 $1,500,000 $1,500,000
196,775 156,017 196,775
3,028,248 316,610 1,813,863
$4,725,023 $1,972,627 $3,510,638
$12,296,916 $9,877,149 $13,438,436
$4,051,635 $3,145,282 $4,270,263
3,372,057 2,917,744 4,155,432
1,156,724 1,026,748 1,296,241
700,000 525,000 700,000
3,016,500 2,262,375 3,016,500
$12,296,916 $9,877,149 $13,438,436
$0
$0 I
$0
Proj - Adpt
Over/(Under)
$1,294,424
839,029
(254,086)
341,715
258,295
(123,472)
$2,355,905
$0
0
(1,214,385)
($1,214,385)
$1,141,520
$218,628
783,375
139,517
o
o
$1,141,520
$0 I
FY 2000/2001 Enterprise Funds Summary Projection
PARKING
REVENUES
CHARGES FOR SERVICES
Meters
Parking Citations
Attended Parking
Permits
Preferred Lot
Garages
Space Rental
Valet
Towing Fees
Subtotal
OTHER
Interest Earnings
Miscellaneous
Subtotal
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Management Fees to GF
Depreciation
Reserves
Debt Service
Capital
TOTAL EXPENSES
EXCESS OF REVENUES OVER/
(UNDER) EXPENSES
Adopted As of Projected
FY 2000/01 June 30, 2001 FY 2000/01
$6,809,805 $7,462,405 $9,100,000
2,838,862 2,238,632 3,000,000
1 ,404,535 1,364,973 1,650,000
440,600 574,966 440,600
633,600 393,872 535,000
3,049,301 3,005,987 3,500,000
125,000 176,989 215,000
255,000 248,947 300,000
103,380 90,573 100,000
$15,660,083 $15,557,343 $18,840,600
$800,000 $803,226 $900,000
62,790 61,911 63,510
$862,790 $865,137 $963,510
$16,522,873 $16,422,480 $19,804,110
$4,112,700 $2,316,435 $3,503,080
5,503,090 3,290,835 5,420,650
2,300,000 1,725,000 2,300,000
649,224 813,106 1,171,015
1,587,821 525,000 537,821
2,186,106 1,639,580 2,186,106
183,932 74,384 315,915
$16,522,873 $10,384,340 $15,434,587
$0 $6,038,141
$4,369,5231
Proj - Adpt
Over/(Under)
$2,290,195
161,138
245,465
0
(98,600)
450,699
90,000
45,000
(3,380)
$3,180,517
$100,000
720
$100,720
$3,281,237
($609,620)
(82,440)
o
521,791
(1,050,000)
o
131,983
($1,088,286)
$4,369,5231
FY 2000/2001 Enterprise Funds Summary Projection
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
Violations/Fines
Subtotal
OTHER
Loan Proceeds
Interest Earnings/Other
Storm Water Fund Contrib
Subtotal
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Garbage contract
Management Fees to GF
Contingency-Reduce Deficit
Depreciation
Debt Service,Loan Program
Capital
TOTAL EXPENSES
EXCESS OF REVENUES OVER!
(UNDER) EXPENSES
Adopted As of Projected
FY 2000/01 June 30, 2001 FY 2000/01
$2,400,000 $1,898,760 $2,500,000
508,650 396,633 635,733
169,500 140,024 200,000
58,000 17,481 22,000
285,000 344,982 400,000
400,000 431,888 570,000
625,000 520,008 625,000
100,000 47,525 63,000
$4,546,150 $3,797,301 $5,015,733
$1,500,000 0 $1,500,000
0 45,566 50,000
381,542 286,157 381,542
$1,881,542 $331,722 $1,931,542
$6,427,692 $4,129,023 $6,947,275
$2,150,888 $1,374,272 $1,927,684
882,297 676,553 1,371,849
1,200,000 836,827 1,275,235
250,000 187,500 250,000
200,000 0 0
102,507 110,804 170,044
169,000 0 169,000
1,473,000 665,639 1,473,000
$6,427,692 $3,851,595 $6,636,812
$0
$277 ,428
$310,4631
Proj - Adpt
Over/IUnder)
$100,000
127,083
30,500
(36,000)
115,000
170,000
0
(37,000)
$469,583
$0
50,000
0
$50,000
$519,583
($223,204)
489,552
75,235
o
(200,000)
67,537
o
o
$209,120
$310,4631
FY 2000/2001 Enterprise Funds Summary Projection
SEWER OPERATIONS
REVENUES
CHARGES FOR SERVICES
Sewer User Fees
Sewer Connection Fees
Sewer Fees - Cities
Subtotal
OTHER
Interest Earnings
Other
Subtotal
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Sewer Treatment
Management Fees to GF
DERM Fee
Depreciation
Debt Service 1995 Bonds
Debt Service Lincoln Rd
Capital
TOTAL EXPENSES
EXCESS OF REVENUES OVER/
(UNDER) EXPENSES
Adopted As of Projected
FY 2000/01 June 30, 2001 FY 2000/01
$23,800,000 $15,358,588 $23,250,000
75,000 46,144 60,000
2,500,000 1,544,659 2,500,000
$26,375,000 $16,949,390 $25,810,000
$600,000 $436,851 $600,000
100,200 471,282 525,000
$700,200 $908,133 $1,125,000
$27,075,200 $17,857,523 $26,935,000
$1,449,363 $1,079,234 $1,569,363
2,101,475 1,516,815 2,106,475
15,000,000 7,145,190 15,000,000
1,312,814 984,611 1,312,814
1,735,000 1,578,343 1,578,343
1,069,530 734,134 1,069,530
3,411,718 2,558,789 3,411,718
99,000 74,250 99,000
896,300 97,478 775,000
$27,075,200 $15,768,843 $26,922,243
$0
$2,088,680
$12,7571
Proj . Adpt
Over/(Under)
($550,000)
(15,000)
0
($565,000)
$0
424,800
$424,800
($140,200)
$120,000
5,000
o
o
(156,657)
o
o
o
(121,300)
($152,957)
$12,7571
FY 2000/2001 Enterprise Funds Summary Projection
STORM WATER
REVENUES
Storm Water Fees
Interest Earnings
Other
Retained Earnings
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Contribution Sanitation
Management Fees to GF
Depreciation
Debt Service 2000 Bonds
Debt Service Lincoln Rd
Capital
TOTAL EXPENSES
EXCESS OF REVENUES OVERI
(UNDER) EXPENSES
Adopted As of Projected
FY 2000/01 June 30, 2001 FY 2000/01
$3,120,000 $3,565,254 $4,570,000
200,000 152,896 210,000
115,000 101,428 130,000
0 0 0
$3,435,000 $3,819,578 $4,910,000
$723,127 $407,026 $611,127
514,897 583,900 634,897
381,542 286,157 381,542
250,000 187,500 250,000
130,000 71,014 110,000
550,134 0 0
252,000 189,000 252,000
633,300 225,769 633,300
$3,435,000 $1,950,365 $2,872,866
$0
$2,037,1341
$1,869,213
Proj . Adpt
Over/(Under)
$1,450,000
10,000
15,000
o
$1,475,000
($112,000)
120,000
o
o
(20,000)
(550,134)
o
o
($562,134)
$2,037,1341
FY 2000/2001 Enterprise Funds Summary Projection
WATER OPERATIONS
REVENUES
CHARGES FOR SERVICES
Water Sales
Firelines
Water Connection Fees
Water Tapping
Subtotal
OTHER
Interest Earnings
Other
Subtotal
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Water purchase
Management Fees to GF
DERM Fee
Depreciation
Debt Service 1995 Bonds
Debt Service Lincoln Rd
Capital
TOTAL EXPENSES
EXCESS OF REVENUES OVERI
(UNDER) EXPENSES
Adopted As of Projected
FY 2000/01 June 30, 2001 FY 2000/01
$17,660,000 $11,402,836 $16,860,000
100,000 76,600 90,000
20,000 2,300 20,000
130,000 105,370 130,000
$17,910,000 $11,587,106 $17,100,000
$300,000 $218,491 $300,000
126,000 517,580 560,000
$426,000 $736,071 $860,000
$18,336,000 $12,323,176 $17,960,000
$2,446,874 $1,459,580 $2,251,874
2,282,281 1,390,006 2,277,281
6,450,000 3,575,853 6,100,000
1,582,082 1,186,562 1,582,082
1,300,000 1,133,781 1,133,781
965,765 399,423 965,765
1,427,598 1,070,699 1,427,598
144,000 108,000 144,000
1,737,400 715,728 1 ,450,000
$18,336,000 $11,039,632 $17,332,381
$0 $1,283,544
$627,6191
proj - Adpt
Over/(Under)
($800,000)
(10,000)
0
0
($810,000)
$0
434,000
$434,000
($376,000)
($195,000)
(5,000)
(350,000)
o
(166,219)
o
o
o
(287,400)
($1,003,619)
$627,6191
ATTACHMENT C
FY 2000/2001 Internal Service Funds Summary Projection
CENTRAL SERVICES
REVENUES
Inter-departmental Charges
Interest
Retained EarninQs
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Postage
Depreciation
Capital
TOTAL EXPENSES
Adopted As of Projected
FY 2000/01 June 30 2001 FY 2000/01
$667,779
o
o
$667,779
$440,502
6,350
o
$446,852
$635,618
9,835
o
$645,453
$211,170 $145,732 $203,892
282,175 182,561 287,127
160,000 101,953 140,000
11,434 5,585 11,434
3,000 0 3,000
$667,779 $435,831 $645,453
$0
$11,021
$0 I
($32,161)
9,835
o
($22,326)
($7,278)
4,952
(20,000)
o
o
($22,326)
$0 I
FY 200012001 Internal Service Funds Summary Projection
FLEET MANAGEMENT
REVENUES
Inter-departmental Charges
Sale of City Property
Other
Interest
Motor Fuel Tax Refund
Loan Proceeds
Retained Earnings
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Fuel
Depreciation
Debt Service
Capital
TOTAL EXPENSES
Adopted As of Projected
FY 2000/01 June 30 2001 FY 2000/01
$4,999,260 $4,046,472 $5,235,774
80,000 67,156 130,000
10,000 56,026 60,000
280,000 290,990 350,000
61,000 32,352 45,000
2,154,175 0 2,154,175
904,003 87,388 115,723
$8,488,438 $4,580,384 $8,090,672
$1,097,176 $655,002 $998,722
1,892,173 1,196,767 1,892,173
735,000 790,795 1,120,537
1,612,221 1,209,166 1,612,221
217,693 0 0
2,934,175 728,654 2,404,175
$8,488,438 $4,580,384 $8,027,828
$0
$62,8441
$0
proj - Adpt
Over/(Under
$236,514
50,000
50,000
70,000
(16,000)
o
(788,280)
($397,766)
($98,454)
o
385,537
o
(217,693)
(530,000)
($460,610)
$62,8441
.
FY 200012001 Internal Service Funds Summary Projection
INFORMATION TECHNOLOGyl
REVENUES
Inter-departmental Charges
Other/Interest
Retained Earnings
Loan Proceeds
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Telephone
Depreciation
Debt Service
Capital
TOTAL EXPENSES
Adopted As of Projected
FY 2000/01 June 30 2001 FY 2000/01
$6,506,736 $4,272,532 $5,947,564
135,000 187,252 230,000
1,760,208 416,136 1,709,000
4,070,741 0 4,050,741
$12,472,685 $4,875,920 $11,937,305
$1,852,777 $1,179,402 $1,702,597
1,600,341 1,226,523 1,600,341
762,000 511,997 750,000
1,874,626 1,050,972 1,874,626
296,200 0 0
6,086,741 907,026 6,009,741
$12,472,685 $4,875,920 $11,937,305
$0
$0
$0 I
proj - Adpt
Over/(Under
($559,172)
95,000
(51,208)
(20,000'
($535,380)
($150,180)
o
(12,000)
o
(296,200)
(77,000)
($535,380)
$0 I
. .
FY 2000/2001 Internal Service Funds Summary Projection
PROPERTY MANAGEMENT
REVENUES
Inter-departmental Charges
Otherllnterest
Loan Proceeds
Retained EarninQs
TOTAL REVENUES
EXPENSES
Payroll & Fringes
Operating
Depreciation
Debt Service
Caoital
TOTAL EXPENSES
Adopted As of Projected
FY 2000/01 June 30 2001 FY 2000/01
$5,040,142 $2,538,344 $4,950,000
43,000 28,648 39,000
390,000 0 390,000
0 0 0
$5,473,142 $2,566,992 $5,379,000
$1,917,982 $1,307,524 $1,813,261
2,895,586 1,905,075 2,847,394
185,000 120,798 185,000
29,504 0 0
445,070 100,231 445,070
$5,473,142 $3,433,628 $5,290,725
$0
$88,2751
($866,636)
($90,142)
(4,000)
o
o
{$94,142
($104,721)
(48,192)
o
(29,504)
o
($182,417)
$88,2751
. ... .
FY 2000/2001 Internal Service Funds Summary Projection
Adopted As of Projected Proj - Adpt
RISK MANAGEMENT FY 2000/01 June 30 2001 FY 2000/01 Over/(Under)
REVENUES
Inter-departmental Charges $9,283,164 $6,933,025 $9,283,164 $0
Other/Interest 800,000 582,888 740,000 (60,000)
Retained Earninas 2,172,000 1,179,633 1,271 ,450 (900,550)
TOTAL REVENUES $12,255,164 $8,695,546 $11,294,614 ($960,550
EXPENSES
Operating $368,570 $234,318 $338,145 ($30,425)
Administrative Fees 571,094 428,320 571,094 0
Non-O eratin 11,315,500 8,032,908 10,385,375 (930,125'
TOTAL EXPENSES $12,255,164 $8,695,546 $11,294,614 ($960,550)
$0 $0 $0 I I $0 I