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?