HomeMy WebLinkAboutPPP Comm Budget 6-04-14 ORANGE COUNTY
SANRATION C)ISIRICT
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1954-2014
Biennium
Budget Summary
FY 2014 15
and 2015" 16
Proposed Budget Summary
Revenues FY 14-15 FY 15-16
Fees and Charges $314 M (74%) $322 M (73%)
Property Taxes $ 78 M (18%) $ 82 M (19%)
Assessments $ 17 M ( 4%) $ 16 M ( 4%)
Interest/Other $ 18 M ( 4%) $ 19 M ( 4%)
Total Revenues $427 M $439 M
Outlays
Operating $152 M (27%) $155 M (34%)
CIP/RRR $189 M (34%) $207 M (46%)
Debt Service $ 86 M (38%) $ 87 M ( 19%)
Other $ 2 M ( 1%) $ 2 M ( 1%)
L-T Liability Reduction $125 M (38%) $ 0 M ( 19%)
nmmmm= Outlays $554 M $451 M
Major Revenue Components Include
Fees/Charges and General Income
i
Fees & ChargesGFees
General
$314 M Income
Other 74% $97 M
$22 M 23%
Other
General $20 M
rges s°i°Income$91 M
21 %
Proposed Revenues Proposed Revenues
FY 14-15 = $427 Million FY 15-16 = $439 Million
Most OCSD Revenue is Related to User Fees
Proposed
i FY 14-15 FY 15-16
General User Fees $ 289 M $ 296 M
Permit User Fees $ 14 M $ 14 M
Capital Facilities Capacity Charges $ 11 M $ 12 M
Total Fees & Charges $ 314 M $ 322 M
Comparison of SFR Rates (July 2013)
$700 $701
$600
$500
a $400
L
c $300
0
$200 $195
$100
$0
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Property Tax Revenue will rise
with the Continuing Economic Recovery
Interagency and Interest Income is Flat
Proposed
i1ML 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
/—
OCSD Outlays fall Into these 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
Long-Term Liability Reduction 125 M 0 M
Total Outlays $ 554 M $ 451 M
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Proposed Operating Expense Summary
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'Is & 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 6.7M 6.2M 6.7M
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%
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
$looms OUTSTANDING DEBT
$1,600
$1,400
$1,200
$1,000
$800
$600
$400
$200
$0
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SANRATION DISTRICT
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1954-2014
QUeStionsa