HomeMy WebLinkAbout97.Operations Committee Mtg 6-1-16 - Item 7 Presentation.pdf Proposed
Budget Summary
Fiscal Years 2016- 17 and 2017- 18
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Presenter: Mike White
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Controller
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Proposed Budget Summary
Revenues FY 16-17 FY 17-18
Fees and Charges $311 M (71%) $321 M (72%)
Property Taxes $ 87 M (20%) $ 91 M (21%)
Assessments $ 20 M ( 5%) $ 19 M ( 4%)
Interest/Other $ 17 M ( 4%) $ 15 M ( 3%)
Total Revenues $435 M $446 M
Outlays FY 16-17 FY 17-18
Operating $146 M (31%) $150 M (40%)
Net CIP/RRR $171 M (36%) $138 M (37%)
Debt Service $ 87 M (18%) $ 83 M (22%)
Other $ 6 M ( 1%) $ 4 M ( 1%)
L-T Liability Reduction $65 M (14%) $ 0 M ( 0%)
Total Outlays $475 M $375 M
Major Revenue Components Include
Fees/Charges and General Income
Other
Fees & Charges
General
$8 M $331 M Income
2% 76% $99 M
23%
General
Income
$96 M Fees & Charges Other
22% $340 M 1 M
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76%
Proposed Revenues Proposed Revenues
FY 16-17 = $435 Million FY 17-18 = $446 Million
Most OCSD Revenue is Related to User Fees
Proposed
FY 16-17 FY 17-18
General User Fees $ 287 M $ 291 M
Permit User Fees $ 11 M $ 12 M
Assessments $ 20 M $ 19 M
Capital Facilities Capacity Charges $ 13 M $ 18 M
Total Fees & Charges $ 340 M
Comparison of SFR Rates (July 2015)
$800 784
$700
$600
$500
$400
$322
$300
$200 $155
$0
Property Tax Revenue will Rise with the
Continuing Economic Recovery
Proposed
FY 16-17 FY 17-18
Property Tax Revenue $ 87 M $ 91 M
Interest Revenue $ 9 M $ 9 M
Total General Income $ 96 M $ 100 M
Other $ 8 M $ 6 M
OCSD Outlay Categories
Proposed
FY 16-17 FY 17-18
Operating Expense $ 146 M $ 150 M
Net Capital Improvement/RRR $ 174 M $ 139 M
Debt Service $ 87 M $ 83 M
Self-Insurance $ 3 M $ 3 M
Long-Term Obligations $ 65 M $ 0 M
Total Outlays $ 475 M $ 375 M
Proposed Operating Expense Summary
Description FY 15-16 FY 16-17 FY 17-18
Approved Proposed Proposed
Salaries and Wages $ 94.8 M $ 89.3 M $ 90.6 M
Contractual Services 23.9 M 24.8 M 22.6 M
Operating Mat'Is & Supplies 17.2 M 16.7 M 17.4 M
Repairs and Maintenance 12.4 M 14.3 M 16.2 M
Utilities 7.8 M 8.9 M 10.2 M
Other 10.1 M 11.6 M 12.4 M
Cost Allocation -16.9 M -19.2 M -19.4 M
Net Operating Requirements $149.3 M $146.4 M $150.0 M
Percentage Increase (Decrease) (2.0%) 2.4%
CIP Consists of Four Distinct Types
Proposed
FY 16-17 FY 17-18
Replacement/Rehabilitation $ 97 M $ 84 M
Improved Treatment $ 32 M $ 19 M
Additional Capacity $ 45 M $ 30 M
Support $ 16 M $ 20 M
Total Outlays $ 190 M $ 153 M
CIP Program
Ten-Year Annual Outlays
(in millions)
$260
$244 $245 $244
$240 1233
$220 $222
$213
$200
$190
$197
$180
V$176
$160
$140 $153
$120
14
$100
2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-16
No Additional Debt Issuances are Planned
$loons: OUTSTANDING DEBT
$1,600
$1,400
$1,200
$1,000 —
$800
$600
$400
$200
$0
2010 2015 2020 2025 2030 2035 2040
4 �s.
Questions ?