HomeMy WebLinkAbout96.PPP Budget 2014-16 06-11-14BienniumBudget SummaryFY 2014-15 and 2015-16
Revenues FY 14-15 FY 15-16
Fees and Charges $314 M (74%)$322 M (73%)
Property Taxes $ 78 M (18%)$ 82 M (19%)
Other Assessments $ 22 M ( 5%)$ 21 M ( 5%)
Interest $ 13 M ( 3%)$ 15 M ( 3%)
Total Revenues $427 M $440 M
Proposed Budget Summary
Outlays FY 14-15 FY 15-16
Operating $152 M (35%)$155 M (34%)
CIP/RRR $189 M (44%)$207 M (46%)
Debt Service $ 86 M (20%)$ 87 M (19%)
Other $ 2 M ( 1%)$ 2 M ( 1%)
Total Outlays $429 M $451 M
Major Revenue Components Include
Fees/Charges and General Income
Fees & Charges
$314 M
74%
General
Income
$91 M
21%
Fees & Charges
$322 M
73%
General
Income
$97 M
22%IA
$22 M4%IA
$21 M5%
Proposed Revenues
FY 14-15 = $427 Million
Proposed Revenues
FY 15-16 = $440 Million
Most OCSD Revenue is Related to
Broad-based User Fees
Proposed
FY 14-15 FY 15-16
General User Fees $ 289 M $ 296 M (92%)
Permit User Fees $ 14 M $ 14 M ( 4%)
Capital Facilities Capacity Charges $ 11 M $ 12 M ( 4%)
Total Fees & Charges $ 314 M $ 322 M
Comparison of SFR Rates (July 2013)
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Proposed
FY 14-15 FY 15-16
Property Tax $ 78 M $ 82 M
Interest $ 13 M $ 15 M
Total General Income $ 91 M $ 97 M
Other / Interagency $ 22 M $ 21 M
Property Tax Revenue will rise
with the Continuing Economic Recovery
Interagency and Interest Income is Flat
OCSD Outlays fall Into these four categories.
Proposed
FY 14-15 FY 15-16
Operating Expenses $ 153 M $ 155 M
Capital Improvement/RRR Outlays 188 M 207 M
Debt Service 86 M 87 M
Self-Insurance 2 M 2 M
Total Outlays $ 429 M $ 451 M
Description FY 13-14 FY 14-15 FY 15-16
Approved Proposed Proposed
Salaries and Wages $ 65.4 M $ 63.5 M $ 64.2 M
Benefits 32.6 M 35.7 M 36.4 M
Operating Mat’ls & Supplies 16.9 M 15.8 M 16.3 M
Contractual Services 27.0 M 27.5 M 27.6 M
Repairs and Maintenance 11.2 M 13.1 M 12.9 M
Utilities 7.7 M 7.4 M 7.8 M
Other 6.7 M 6.2 M 6.7 M
Cost Allocation -18.2 M -16.7 M -16.9 M
Net Operating Requirements $149.3 M $152.5 M $155.0 M
Percentage Increase 2.1%1.6%
Proposed Operating Expense Summary
CIP Consists of Four Distinct Areas
Proposed
FY 14-15 FY 15-16
Replacement/Rehabilitation $ 103.6 M $ 123.6 M
Improved Treatment $ 58.8 M $ 53.8 M
Additional Capacity $ 16.9 M $ 19.0 M
Support $ 9.3M $ 10.8 M
Capital Improvement Program $ 188.6 M $ 207.2 M
No Additional Debt Issuances are Planned
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2010 2015 2020 2025 2030 2035 2040
OUTSTANDING DEBT$100Ms
Questions?