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HomeMy WebLinkAboutItem 8 PPP 06-10-2020 Admin Comm - Proposed Budget Summary FY20-21_21-22-FINALProposed Budget Summary Presenter: Wally Ritchie, Controller Fiscal Years 2020-21 and 2021-22 Administration Committee June 10, 2020 Budget Presentations February –Budget Assumptions March –Revenues April –Expenditures May –Capital Improvement Program June –Budget Overview Revenues FY 20-21 FY 21-22 Proposed Budget Summary Fees and Charges $ 354 M (72%)$ 363 M (73%) Property Taxes $ 100 M (21%)$ 102 M (21%) Interest/Other $ 34 M ( 7%)$ 32 M ( 6%) Total Revenues $ 488 M $ 497 M Net CIP $ 148 M (37%)$ 241 M (36%) Operating $ 176 M (44%)$ 177 M (27%) Debt Service $ 73 M (18%)$ 240 M (36%) Other $ 3 M ( 1%)$ 4 M ( 1%) Total Outlays $ 400 M $ 662 M Outlays FY 20-21 FY 21-22 Fees and Charges$363 M73% Property Taxes$102 M21% Interest / Other$32 M6% Fees and Charges$354 M72% Property Taxes$100 M21% Interest / Other$34 M 7% Major Revenue Component – Fees and Charges Proposed Revenues FY 20-21 = $488 Million Proposed Revenues FY 21-22 = $497 Million User Fee Revenue Proposed FY 20-21 FY 21-22 General User Fees $ 321 M $ 329 M Permit User Fees $ 13 M $ 13 M Capital Facilities Capacity Charges $ 20 M $ 21 M Total Fees & Charges $ 354 M $ 363 M Property Tax and Other Revenue Proposed FY 20-21 FY 21-22 Property Tax Revenue $ 100 M $ 102 M Interest Revenue $ 13 M $ 12 M Other $ 21 M $ 20 M Total General Income $ 134 M $ 134 M OCSD Outlay Categories Proposed FY 20-21 FY 21-22 Net Capital Improvement $ 148 M $ 241 M Operating Expense $ 176 M $ 177 M Debt Service $ 73 M $ 240 M Other $ 3 M $ 4 M Total Outlays $ 400 M $ 662 M Proposed Operating Expense Summary Proposed Description FY 20-21 FY 21-22 Salaries and Wages $ 102.1 M $ 107.3 M Contractual Services 19.2 M 19.4 M Repairs and Maintenance 28.4 M 24.2 M Operating Mat’ls & Supplies 21.5 M 21.3 M Utilities 8.4 M 8.4 M Professional Services 5.7 M 5.8 M Other 11.8 M 11.8 M Cost Allocation (20.8 M)(21.7 M) Subtotal Net Operating Requirements 173.9 M 174.1 M Self-Insurance 2.4 M 2.4 M Total Net Operating Requirements $ 176.3 M $ 176.5 M Salaries and Benefits Proposed FY 20-21 FY 21-22 SALARIES & BENEFITS $ 102.1 $ 107.3 Salaries & Wages $ 79.3 $ 83.3 Benefits $ 22.8 $ 24.0 * Salaries & Benefits make up less than 26% of the total budget Contractual Services Proposed FY 20-21 FY 21-22 CONTRACTUAL SERVICES $ 19.2 $ 19.4 Solids Removal $ 12.4 $ 12.4 Security Services $ 1.6 $ 1.6 Temporary Services $ 0.5 $ 0.5 Janitorial $ 0.5 $ 0.5 County Service Fee $ 0.5 $ 0.5 Repairs & Maintenance Proposed FY 20-21 FY 21-22 REPAIRS & MAINTENANCE $ 28.4 $ 24.2 Services $ 14.5 $ 13.0 Materials $ 9.4 $ 6.6 Service Agreements $ 4.5 $ 4.6 *Includes Bushard Diversion Structure repair, Sunflower Trunkline liner repairs, centrifuge overhaul, primary & secondary clarifier repairs, digester cleaning, various pump and drive repairs Operating Materials and Supplies Proposed FY 20-21 FY 21-22 OPER. MAT’LS & SUPP $ 21.5 $ 21.3 Odor Control $ 6.9 $ 7.3 Chemical Coagulants $ 10.6 $ 10.6 Other Chemicals $ 0.6 $ 0.6 Other $ 3.4 $ 2.8 *Chemicals are 84% of Operating Materials and Supplies Utilities Proposed FY 20-21 FY 21-22 UTILITIES $ 8.4 $ 8.4 Power $ 6.1 $ 6.1 Water $ 1.1 $ 1.1 Natural Gas $ 0.7 $ 0.7 Telephone $ 0.5 $ 0.5 Departmental Operating Summary FY 20-21 FY 21-22 FY 20-21 FY 21-22 Department Budget Budget FTEs FTEs General Manager $ 4.3 M $ 4.4 M 18 18 Human Resources 6.6 M 7.0 M 26 26 Administrative Services 27.3 M 28.1 M 101 101 Environmental Services 19.3 M 20.3 M 93 93 Engineering 5.6 M 5.6 M 117 117 Operations/Maintenance 110.8 M 108.7 M 284 284 Total $173.9 M $ 174.1 M 639 639 CIP Authorization Proposed FY 20-21 FY 21-22 Replacement/Rehabilitation $ 101 M $ 177 M Additional Capacity $ 14 M $ 11 M Strategic Initiatives $ 44 M $ 72 M Regulatory $ 6 M $ 2 M Total CIP Budget Authority $ 165 M $ 262 M Savings & Deferrals ($ 17 M)($ 21 M) Net CIP Outlay $ 148 M $ 241 M CIP Program $148 $241 $294 $301 $257 $296 $347 $323 $309 $230 $0 $50 $100 $150 $200 $250 $300 $350 $400 FY 20-21 FY 21-22 FY 22-23 FY 23-24 FY 24-25 FY 25-26 FY 26-27 FY 27-28 FY 28-29 FY 29-30 10 -Year Net CIP (in millions) * 10 –Year total for CIP -$4.7 Billion Debt Service Proposed FY 20-21 FY 21-22 Principle $ 31 M $ 202 M Interest $ 42 M $ 38 M Total Debt Service $ 73 M $ 240 M * FY 21-22 - $ 72 M 2012A Refunding is callable $102 M 2018A Refunding matures $174 M callable or matures Future Debt Service $0 $100 $200 $300 $400 $500 $600 $700 $800 $900 $1,000 2020 2025 2030 2035 2040 Future Debt Service (in millions) Questions?