HomeMy WebLinkAboutItem 9 PPP Operations Committee 6-7-17 - Proposed Budget Update 2017-18 Proposed
Budget Update Summary
Fiscal Year 2017- 18
SA N I rq Troy
Presenter: Mike White 2°
Controller
90��c1
LNG THE ENv\Q
Budget Up Summary
Revenues Approved Proposed Update
FY 17-18 FY 17-18
Fees and Charges $340 M (76%) $333 M (75%)
General Income $ 100 M (22%) $102 M (23%)
Other $ 6 M ( 2%) $ 8 M ( 2%)
Total Revenues $446 M $443 M
Outlays Approved Proposed Update
FY 17-18 FY 17-18
Operating $150 M (40%) $152 M (40%)
Net CIP/RRR $138 M (37%) $148 M (38%)
Debt Service $ 83 M (22%) $ 82 M (21%)
aV S MI i>
Other $ 4 M ( 1%) $ 4 M ( 1%)
Total Outlays $375 M $386 M
cr/'0 THE ENv\Po
Major Revenue Components Include
Fees/Charges and General Income
Other Fees & Charges General
$6 M $340 M Income
2% 76%
$102 M
23%
General
Income
Into Fees & Charges Other
$1022% $333 M $s M
75% 2%
Approved Revenues Proposed Revenue Update
S
FY 17-18 = $446 Million FY 17-18 = $443 Million a
9
n
h
�cr/' hE ENv\Po�
Most OCSD Revenue is Related to User Fees
Approved Update
FY 17-18 FY 17-18
General User Fees $ 291 M $ 291 M
Permit User Fees $ 12 M $ 13 M
Assessments $ 19 M $ 19 M
Capital Facilities Capacity Charges $ 18 M $ 10 M
Total Fees & Charges $ 340 M $ 333 M
aV S MI i>
4 � N
9
n
h
cr/' hE ENv\Po
Comparison of Single Family Residential Rates
(July 2016)
$900 $842
$800
L $700
c�
m
L $600
CL
N $500
L
o $400 $327
$300
— •
$200 $159
$0
General Income to Remain Fairly Flat
Approved Update
FY 17-18 FY 17-18
Property Tax Revenue $ 91 M $ 93 M
Interest Revenue $ 9 M $ 9 M
Total General Income $ 100 M $ 102 M
Other $ 6 M $ 8 M
aV S MI i>
4 � N
9
n
h
cr/' hE ENv\Po
OCSD Outlay Categories
Approved Update
FY 17-18 FY 17-18
Operating Expense $ 150 M $ 152 M
Net Capital Improvement/RRR $ 138 M $ 148 M
Debt Service $ 83 M $ 82 M
Other $ 4 M $ 4 M
Total Outlays $ 375 M $ 386 M
aV S MI i>
4 � N
9
n
h
cr/'0 THE ENv\Po
Operating Expense Summary
Description FY 17-18 FY 17-18
Approved Update
Salaries and Benefits $ 90.6 M $ 93.4 M
Contractual Services 26.8 M 29.2 M
Operating Mat' ls & Supplies 17.4 M 15.8 M
Repairs and Maintenance 16.2 M 16.0 M
Utilities 10.2 M 7.9 M
Other 8. 1 M 9.0 M
Cost Allocation -19.4 M -19.4 M
Net Operating Requirements $149.9 M $151.9 M
Percentage Increase (Decrease) 1.3%
JN SANi to T/o
N 1
r A
Fcr/ THE ENv\Poa
CIP Consists of Four Distinct Types
Approved Update
FY 17-18 FY 17-18
Replacement/Rehabilitation $ 84 M $ 98 M
Improved Treatment $ 19 M $ 24 M
Additional Capacity $ 30 M $ 28 M
Support $ 20 M $ 17 M
Total Outlays $ 153 M $ 167 M
aV S MI i>
4 � N
9
n
h
cr/' hE ENv\Po
CIP Program
Ten-Year Annual Outlays
(in millions)
$350
$332
$300 06
$288
$275
263
$250
$2 $251
$200
$192
$169
$150
$148 4�JN 4 S ANl rq��ON
u O
N^
9
n
$100
r
2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 F �Ns THE ENV`eO�a�
No Additional Debt Issuances are Planned
$looms OUTSTANDING DEBT
$1,600
$1,400
$1,200
$1,000
$800
$600
$400
$200
$0
2010 2015 2020 2025 2030 2035 2040
4 � N
9
n
h
Questions ?.
4 � N
9
n
h
THE ENv\Po�