HomeMy WebLinkAboutPPP Item 11-2015-16 Budget Summary FY 2015- 16 Budget
Update Summary
Budget Update Summary
Revenues Approved Revised
FY 15-16 IF FY 15-16
Fees and Charges $322 M (73%) $320 M (74%)
Property Taxes $ 82 M (19%) $ 88 M (20%)
Other Assessments $ 20 M ( 5%) $ 21 M ( 5%)
Interest $ 15 M ( 3%) $ 6 M ( 1%)
Total Revenues $439 M $435 M
Outlays Approved Revised
j,&-- A& FY 15-16 A FY 15-16,fi
Capital Improvements $205 M (46%) $175 M (42%)
Operating $155 M (34%) $149 M (35%)
Debt Service $ 87 M (19%) $ 92 M (22%)
Other $ 4 M ( 1%) $ 4 M ( 1%)
Total Outlays $451 M $420 M
CIP Consists of Four Distinct Areas
Approved Revised
FY 15-15 FY 15-16
Replacement/Rehabilitation $ 121 M $ 90 M
Improved Treatment $ 54 M $ 54 M
Additional Capacity $ 19 M $ 22 M
Support $ 11 M $ 9 M
Capital Improvement Program $ 205 M $ 175 M
Operating Expense Summary
FY 15-16 FY 15-16
Description 4ma.. Approved Revised
Salaries and Wages $ 64 M $ 66 M
Benefits 36 M 29 M
Operating Mat' Is & Supplies 16 M 17 M
Contractual Services 25 M 24 M
Repairs and Maintenance 13 M 12 M
Utilities 8 M 8 M
Other 10 M 10 M
Cost Allocation -17 M -17 M
Net Operating Requirements $155 M $149 M
Percentage Increase -3.9%
Rate Increases Have
Dropped
Fee Increase History - Percent
12%
10•0/
8%
6%
4%
2%
0%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Comparison of SFR Rates (July 2014)
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No Additional Debt Issuances
Planned
are
$looms OUTSTANDING DEBT
$1,600
$1,400
$1,200
$1,000 \
$800
$600
$400
$200
$0
2010 2015 2020 2025 2030 2035 2040
Questions