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HomeMy WebLinkAbout95.PPP Budget - Item 6Presenter: Mike White Controller Proposed Budget Summary Fiscal Years 2016-17 and 2017-18 Revenues FY 16-17 FY 17-18 Proposed Budget Summary Fees and Charges $331 M (76%)$340 M (76%) General Income $ 96 M (22%)$100 M (23%) Other $ 8 M ( 2%)$ 6 M ( 1%) Total Revenues $435 M $446 M 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 Outlays FY 16-17 FY 17-18 Major Revenue Components Include Fees/Charges and General Income Fees & Charges $331 M 76% General Income $96 M 22% Fees & Charges $340 M 76% General Income $99 M 23% Other $8 M 2% Other $7 M 1% Proposed Revenues FY 16-17 = $435 Million Proposed Revenues 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 $ 331 M $ 340 M Comparison of SFR Rates (July 2015) $0 $100 $200 $300 $400 $500 $600 $700 $800 LA C S D Or o Lo m a $155 IR W D Fr e s n o OC S D $322 Ea s t B a y M U D Un i o n Du b l i n S a n R a m o n Sa c r a m e n t o Ci t y o f L A Ce n t r a l C o n t r a C o s t a Va l l e j o Sa n D i e g o Sa n F r a n c i s c o $784 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 $ 171 M $ 138 M Debt Service $ 87 M $ 83 M Other $ 6 M $ 4 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’ls & 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) $190 $153 $176 $222 $244 $213 $233 $245 $244 $197 $100 $120 $140 $160 $180 $200 $220 $240 $260 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 $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 $1,600 2010 2015 2020 2025 2030 2035 2040 OUTSTANDING DEBT$100Ms Questions?