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HomeMy WebLinkAbout95.Item 5 Budget Update PresentationBudget DevelopmentRevenues for Fiscal Years2016-17 and 2017-18 Presenter: Mike White Controller Revenues are Composed of Four Major Categories. Estimated Proposed Revenues FY 15-16 FY 16-17 FY 17-18 Fees & Charges $319 M $323 M $323 M General Income $ 95 M $102 M $ 107 M Other / Interagency $ 21 M $ 16 M $ 12 M Debt Proceeds $ 0 M $ 0 M $ 0 M Total Revenues $435 M $441 M $442 M Fees and Charges Represent the Largest Component of Revenues Fees & Charges $323 M 73% General Income $102 M 23% Fees & Charges $323 M 73% General Income $107 M 24%Other $16 M, 4%Other $12 M, 3% Proposed Revenues FY 16-17 = $441 Million Proposed Revenues FY 17-18 = $442 Million General User Fees Remain Flat With As a Result of The Local Sewer Transfer Proposed FY 16-17 FY 17-18 General User Fees $ 300 M $ 299 M Permit User Fees $ 14 M $ 14 M Capital Facilities Capacity $ 9 M $ 10 M Charges Total Fees & Charges $ 323 M $ 323 M Proposed FY 16-17 FY 17-18 Property Tax $ 93 M $ 98 M Interest $ 9 M $ 9 M Total General Income $ 102 M $ 107 M Other / Interagency $ 16 M $ 12 M Interagency Decline Due to Expiring Solids Agr. Property Tax Rise with the Continuing Economic Recovery Debt Proceeds Vary as Needed to Support the CIP Program No new money debt issuances are projected in the near term. Questions?