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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) $0 $100 $200 $300 $400 $500 $600 $700 $195 $308 $701 IR W D OC S D Or o Lo m a Fr e s n o Sa c r a m e n t o Ea s t B a y M U D Un i o n S a n i t a r y Ce n t r a l C o n t r a C o s t a Du b l i n Ci t y o f L A Va l l e j o Sa n F r a n c i s c o Sa n D i e g o Do l l a r s p e r Y e a r LA C S D 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 $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 2010 2015 2020 2025 2030 2035 2040 OUTSTANDING DEBT$100Ms Questions?