| PERRY PARK WATER & SANITATION DISTRICT | ||||||||||||
| OPERATIONS FUND | ||||||||||||
| 2008 BUDGET AS ADOPTED | ||||||||||||
| WITH 2006 ACTUAL AND 2007 ESTIMATED | ||||||||||||
| For the Years Ended and Ending December 31, 2007 | ||||||||||||
| 1/30/08 | ||||||||||||
| Page 3 | ||||||||||||
| ACTUAL 2006 | BUDGET 2007 | ACTUAL 11/30/07 | ESTIMATED 2007 | ADOPTED 2008 | ||||||||
| BEGINNING FUND BALANCE | $ 2,832,157 | $ 3,747,623 | $ 3,747,623 | $ 4,139,660 | ||||||||
| REVENUE | ||||||||||||
| Operating revenue | ||||||||||||
| Bulk water sales | 11,209 | 3,407 | 6,000 | 3,000 | ||||||||
| Development fees | 341,850 | 246,450 | 250,000 | 250,000 | ||||||||
| Late charges on service fees | 9,465 | 6,637 | 7,500 | 7,500 | ||||||||
| Other income and Permit Fees | 23,608 | 50,987 | 55,000 | 20,000 | ||||||||
| Meter sales | 28,550 | 24,475 | 24,475 | 23,750 | ||||||||
| Reimbursements | 8,405 | 48,384 | 55,000 | 15,000 | ||||||||
| Service call fees | 9,019 | 6,283 | 7,000 | 9,500 | ||||||||
| Stub Out and Lift Station Fees | 17,340 | 10,000 | 12,000 | 12,000 | ||||||||
| Tap fees | 537,250 | 435,110 | 435,110 | 400,000 | ||||||||
| Wastewater fees | 370,676 | 354,977 | 355,000 | 355,000 | ||||||||
| Water sales | 426,469 | 413,726 | 433,000 | 400,000 | ||||||||
| Contributions for Capital Outlay | 45,158 | - | - | - | ||||||||
| Non-operating revenue | ||||||||||||
| Property taxes | 340,821 | 346,127 | 353,385 | 399,079 | ||||||||
| Property taxes - HB 1006 | 2,876 | 6,562 | 6,601 | 6,086 | ||||||||
| Specific ownership tax | 36,867 | 29,948 | 38,500 | 39,908 | ||||||||
| Investment income | 150,682 | 179,390 | 201,962 | 200,000 | ||||||||
| Total revenue | 2,360,245 | 2,162,464 | 2,240,533 | 2,140,823 | ||||||||
| TRANSFERS IN | ||||||||||||
| Debt Service | - | - | - | - | ||||||||
| Total transfers in | - | - | - | - | ||||||||
| Total funds available | 5,192,402 | 5,910,086 | 5,988,156 | 6,280,483 | ||||||||
| EXPENDITURES | ||||||||||||
| Administration | ||||||||||||
| Accounting | - | 17,318 | 30,000 | 30,000 | ||||||||
| Audit | [1] | 7,218 | 12,000 | 12,000 | 15,000 | |||||||
| Bank charges | 8,807 | 8,007 | 8,800 | 10,000 | ||||||||
| Consultants | 38,678 | 12,169 | 13,000 | 20,000 | ||||||||
| Contract Labor | - | 3,725 | 4,000 | 5,000 | ||||||||
| Director's fees | 5,700 | 4,600 | 6,000 | 8,000 | ||||||||
| Community relations/newsletter | 4,422 | 1,978 | 3,000 | 12,000 | ||||||||
| Election expense | 7,412 | - | - | 10,000 | ||||||||
| Insurance | 46,835 | - | 25,000 | 28,000 | ||||||||
| Legal fees | 60,270 | 32,285 | 40,000 | 40,000 | ||||||||
| Miscellaneous expense | 7,001 | 543 | 1,000 | 5,000 | ||||||||
| Office supplies/expenses | 10,164 | 9,879 | 12,000 | 15,000 | ||||||||
| Dues & subscriptions | 8,057 | 5,852 | 7,500 | 12,000 | ||||||||
| Payroll (taxes/benefits) | 130,178 | 113,913 | 124,677 | 160,000 | ||||||||
| Repairs & maintenance - office | 11,241 | 5,308 | 5,308 | 11,500 | ||||||||
| Treasurers' fees | 6,062 | 5,616 | 5,700 | 5,986 | ||||||||
| Treasurers' fees - HB1006 | - | - | 990 | 426 | ||||||||
| Utilities - office | 5,919 | 4,746 | 5,500 | 6,600 | ||||||||
| Travel & education | 732 | 1,744 | 1,800 | 15,000 | ||||||||
| CONTINUED: | ||||||||||||
| CONTINUED: | ||||||||||||
| Operations | ||||||||||||
| Annual report preparation | - | - | - | - | ||||||||
| Chemical expense | 20,433 | 19,654 | 23,000 | 23,000 | ||||||||
| Computer software/support | 5,639 | 3,024 | 8,000 | 25,000 | ||||||||
| Contracted services | 1,836 | 3,390 | 3,400 | 3,000 | ||||||||
| Feasibility Study Expense | 22,864 | 9,592 | 9,592 | 15,000 | ||||||||
| Fuel expense | 9,937 | - | - | - | ||||||||
| Comprehensive Master Plan | 26,575 | 15,532 | 16,000 | - | ||||||||
| Operations contractor | 277,200 | 268,472 | 277,200 | 310,440 | ||||||||
| Permits - operations | 3,311 | 5,235 | 5,235 | 5,000 | ||||||||
| Repairs & maintenance - operations | 11,926 | 9,525 | 15,000 | 75,000 | ||||||||
| Tank evaluation and maintenace | - | - | - | 4,000 | ||||||||
| Generator & Cathodic Protection Maintenance | 10,215 | 3,767 | 10,000 | 10,000 | ||||||||
| Parts expense | 16,097 | 8,716 | 10,000 | 15,000 | ||||||||
| Raise manholes/hydrant replacement | - | - | 5,000 | 5,000 | ||||||||
| Unscheduled | 37,865 | 62,131 | 100,000 | 100,000 | ||||||||
| Miscellaneous | 185,349 | - | - | - | ||||||||
| Rules and Regulations | - | 3,392 | 20,000 | 10,000 | ||||||||
| Service line locates | 1,722 | 951 | 1,500 | 1,500 | ||||||||
| Sewer cleaning | 4,126 | 772 | 18,000 | 18,000 | ||||||||
| Sludge hauling | 47,170 | 50,754 | 51,000 | 50,000 | ||||||||
| Telemetery lines | 3,070 | - | - | - | ||||||||
| Testing - water & sewer | 8,358 | 15,011 | 20,000 | 20,000 | ||||||||
| Uniforms | 287 | 356 | 500 | 500 | ||||||||
| Utilities - operations | 139,280 | 142,083 | 154,000 | 158,000 | ||||||||
| Vehicle fuel/maint/repair | 2,182 | 870 | 1,000 | 3,500 | ||||||||
| Water Meter Expense | - | 15,095 | 20,000 | 20,000 | ||||||||
| Capital outlay | 250,643 | 612,203 | 773,792 | 3,255,000 | ||||||||
| Total expenditures | 1,444,779 | 1,490,208 | 1,848,495 | 4,536,452 | ||||||||
| - | ||||||||||||
| TRANSFERS OUT | ||||||||||||
| Debt Service | - | - | - | - | ||||||||
| Total transfers out | - | - | - | - | ||||||||
| Total expenditures and transfers out | ||||||||||||
| requiring appropriation | 1,444,779 | 1,490,208 | 1,848,495 | 4,536,452 | ||||||||
| ENDING FUND BALANCE | $ 3,747,623 | $ 4,419,879 | $ 4,139,660 | $ 1,744,031 | ||||||||
| EMERGENCY RESERVE | $ 15,900 | $ 16,900 | $ 18,000 | $ 19,400 | *3% TABOR Reserve | |||||||