HomeMy WebLinkAboutCMR- 459-01City of Palo Alto
City Manager's Report
TO:
ATTENTION:
HONORABLE CITY COUNCIL
FINANCE COMMITTEE
FROM:CITY MANAGER DEPARTMENT:ADMINISTRATIVE
SERVICES
DATE:DECEMBER 18, 2001 CMR:459:01
SUBJECT:ORDINANCE CLOSING THE 2000-01 FISCAL YEAR,
INCLUDING REAPPROPRIATION REQUESTS,
COMPLETED CAPITAL IMPROVEMENT PROJECTS, AND
THE YEAR-END PERFORMANCE HIGHLIGHTS REPORT
RECOMMENDATION
Staff recommends that the Finance Committee review and forward the attached ordinance
and associated exhibits to the City Council for its approval to: close the 2000-01 Budget
and authorize to re-appropriation of 2000-01 funds into the 2001-02 Budget ~xhibit A);
close completed capital improvement projects (Exhibit B); and transfer remaining
balances to the appropriate reserves (Exhibits C & D for General Fund and Exhibits E &
F for Enterprise Funds).
BACKGROUND
Exhibit C and Exhibit E of the budget-closing ordinance summarize financial results for
fiscal year 2000-01 for the General Fund and Enterprise Funds respectively. They
provide an analysis of the performance of these funds in comparison to the budget as
adopted and adjusted by Council throughout the fiscal year. The result of net operations
is explained in terms of changes to the various fund reserves authorized by Council. Last
year staff prepared the Performance Highlights report to discuss economic trends and
fmancial performance analysis. The report was well received for its ease of reading and
understanding, and it is once again included as a supplement to the Comprehensive
Annual Financial Report, which is attached as Exhibit G.
DISCUSSION
At the closing of the fiscal year, the City's financial position remained healthy with the
General Fund reporting a net operating surplus of $4.6 million. This performance is
primarily due once again to revenues exceeding budget. Funds that were not committed
CMR:459:01 Page 1 of 3
by year-end but are needed to complete projects are included in the reappropriation list
(Exhibit A). The Rate Stabilization Reserves (RSRs) for all Enterprise Funds combined
increased by net of $24.3 million. Most of the increase is attributed to the Electric-Fund.
The results for the General Fund, while still positive, show a declining rate of growth
from prior years and reflect a continuing leveling off of the economic expansion
previously experienced. In fact, current fiscal year financial information strongly
demonstrates that General Fund revenues will be short of the revenues recorded in 2000-
01. Staff has taken steps to carefully review and prioritize expenditures including making
budget adjustments where necessary to meet goals of funding the Infrastructure
Management Plan for capital spending, and also to continue providing high level of
services to the community. The Enterprise Funds are also making necessary adjustments
in light of the uncertainty of commodity prices and their accelerated capital spending.
RESOURCE IMPACT
Adoption of the attached budget-closing ordinance allows for reappropriation and
carryover of funding from the 2000-01 budget for the completion of specific operating
budget programs or projects in the current fiscal year. In addition, the closing of
completed capital improvement project balances (Exhibit B) to the Budget Stabilization
Reserve (BSR) releases unspent monies for further appropriation. Exhibit D reflects the
allocation to major reserves as follows:
¯The General Fund BSR has been capped in accordance with the prior year Council
policy of 20 percent of budgeted expenditures and carries a closing balance of $24.5
million, an increase of $4.4 million.
¯The Reserve for Emergencies was funded to its Council-approved target of 10 percent
of salaries and benefits and has a closing balance of $6.8 million, an increase of $.4
million.
¯The remaining surplus of $4.9 million was utilized to fund the Infrastructure Reserve,
which has a closing balance of $18.8 million.
It is important to note that Council approved staff's recommendation to close the Reserve
for Emergencies and moved the balance to the Infrastructure Reserve during the 2001-03
Budget Adoption. Therefore, the reserves for Infrastructure closed at a total of $25.6
million. The transfer of funds will take place at the close of fiscal year 2001-02. Exhibit
F provides the balance changes for all reserve categories for the Enterprise Funds. The
change was a net increase of $20.3 million for all funds.
POLICY IMPLICATIONS
This recommendation is consistent with existing policies.
CMR:459:01 Page 2 of 3
ENVIRONMENTAL REVIEW
The action recommended is not
Environmental Quality Act.
a project for the purposes of the
ATTACHMENT
Attachment A: Budget Closing Ordinance body text
Exhibit A - 2000-01 Re-Appropriation Requests
Exhibit B -Capital Improvement Projects Closed in 2000-01
Exhibit C - General Fund Summary
Exhibit D - General Fund Reserve Summary
Exhibit E - Enterprise Summaries
Exhibit F - Enterprise Reserve Summary
Exhibit G - Performance Highlights Report
California
PREPARED BY:
Assistant Director, Administrative Services
DEPARTMENT HEAD APPROVAL:
CITY MANAGER APPROVAL:
~C~~~ATS -
Director', Administrative Services
]~MILY HARRIS ON
Assistant City Manager
CMR:459:01 Page 3 of 3
ATTACHMENT A
ORDINANCE NO.
ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO
AUTHORIZING CLOSING OF THE BUDGET FOR FISCAL YEAR 2000-01
WHEREAS, pursuant to the provisions of Section 12 of Article
III of the Charter of the City of Palo Alto and as set forth in
Section 2.28.070 of the Palo Alto Municipal Code, the Counci! on
June 19, 2000 did adopt a budget for fiscal year 2000-01; and
WHEREAS, fiscal year 2000-01 has ended and the financial
results, although subject to post-audit adjustment, are now
available and are herewith reported in summarized financial
Exhibits ~A" and ~B" and ~C" and ~D" and ~E" and ~F" prepared by
the Director, Administrative Services, which are attached hereto,
and by reference made a part hereof; and
WHEREAS, pursuant to Section 2.28.080 of the Pa!o Alto
Municipal Code, the City Manager did amend the budgetary accounts
of the City of Palo Alto to reflect:
(A) Additional appropriations authorized by ordinance of the
City Counci!.
(B) Amendments to employee compensation plans adopted by the
City Council.
(C) Transfers of appropriations from the contingent account
as authorized by the City Manager.
(D) Redistribution of appropriations between functional areas
major activities, and objects within various departments as
authorized by the City Manager.
(E) Fiscal year 2000-01 appropriations which on July i, 2001
were encumbered by properly executed-, but uncompleted, purchase
orders or contracts; and
WHEREAS, fiscal year 2000-01 appropriations in certain
departments and categories as shown on the attached Exhibit "A",
while not encumbered by purchase order or contract, at year end are
nevertheless recommended for reappropriation in the fiscal year
2001-02 budget.
NOW, THEREFORE, the Council of the City of Palo Alto does
ORDAIN as follows:
SECTION I. The fiscal year 2000-01 encumbered balances for
the departments and categories shown on Exhibit ~C" shal! be
carried forward and reappropriated to those departments and
categories in the fiscal year 2001-02 budget.
SECTION 2. The City Manager is further authorized
directed:
and
(A) To close the fiscal year 2000-01 budget accounts in all
funds and departments and, as required by the Charter of the City
of Palo Alto, to make such interdepartmental transfers in the 2000-
01 budget as adopted or amended by ordinance of the Council.
(B) To close various completed Capital Improvement Projects
as shown in Exhibit ~B" and move the balances into the respective
reserve funds indicated in Exhibit ~B".
(C) To establish reserves as shown in Exhibits "D" and ~E"
and ~F" for all Funds as necessary to provide for:
(i) A reserve for encumbrances and reappropriations in
the various funds, the purpose of which is to carry forward and
continue in effect the unexpended balance of appropriations for:
(a) Fiscal year 2000-01 departmental expenditures
which were authorized to be carried forward pursuant to Section 1
above.
(2) Reserves for Advances to Other Funds and for Stores
Inventory in accordance with ordinance and policy guidelines.
(3) A reserve for general contingencies of such amount
that the City Council has approved.
(4) Reserves for utilities plant replacement, rate
stabilization, and other reserves in accordance with Charter and
policy guidelines.
(D) To fund the Budget Stabilization Reserve in accordance
with the General Fund Reserves Policy adopted by the City Council.
SECTION 3.The sum of One Hundred Nineteen Thousand Seven
Hundred Five Dollars ($119,705) is hereby transferred from the
Printing and Mailing Retained Earnings to the Printing and Mailing
Fund. This transfer will reduce the balance in the Printing and
Mailing Retained Earnings to $159,000.
SECTION 4. Th@ sum of Two Hundred Eighty Thousand Three
Hundred Fifty Two Dollars ($280,352) is hereby transferred from the
General Fund Budget Stabilization Reserve to the Storm Drainage
Rate Stabilization Reserve. This transfer will reduce the balance
in the General Fund Budget Stabilization Reserve to $24,490,000.
SECTION 5. Upon completion of the independent audit,
detailed financial statements reflecting the changes made by
Sections I, 2, and 3 of this ordinance, shall be published as part
of the annual financial report of the City as required by Article
III, Section 16, of the Charter of the City of Palo Alto and in
accordance with generally accepted accounting principles.
SECTION 6. As specified in Section 2.28.080(a) of the Palo
Alto Municipal Code, a two-thirds vote of the City Council is
required to adopt this ordinance.
SECTION 7. The Council of the City of Palo Alto hereby
finds that the enactment of this ordinance is not a projectunder
the California Environmental Quality Act and, therefore, no
environmental impact assessment is necessary.
SECTION 8.As provided in Section 2.04.350 of the Palo
Alto Municipal Code, this ordinance shall become effective upon
adoption.
INTRODUCED AND PASSED:
AYES:
NOES:
ABSTENTIONS:
ABSENT:
ATTEST:APPROVED:
City Clerk Mayor
APPROVED AS TO FORM:City Manager
Senior Asst. City Attorney Director
Services
of Administrative
Exhibit A
2000-01 REAPPROPRIATION REQUESTS
Total Recommended
$ 600,766
$3,186,327
$870,000
$540~471
$5,197,564
$40,000
$54,000
Fund a comprehensive review of the City's fee
and rate structure
Development Impact Fee Study - Phase II
This project has been delayed due to staff shortages.
This project could not be performed in 2000-01
because it is a follow-up to the preliminary
Development Impact Fee Study, which will be
completed in early 2001-02.
$50,000
$50,000
Art Center - Main Library Building Feasibility
Study
Mitchell Park Library
Community Center Site Feasibility Study
These dollars were scheduled to be encumbered
through a contract in 2000-01 with the Art Center
Foundation. However, Purchasing determined that in
order to contract with a non-profit organization we
must first secure Council approval. A CMR cannot be
developed until July 2001. This requires the funds to be
reappropriated.
These dollars were scheduled to be encumbered
through a contract in 2000-01 with the Friends of the
Library. However, Purchasing determined that in order
to contract with a non-profit organization we must first
secure Council approval. A CMR cannot be developed
until July 2001. This requires the funds to be
reappropriated.
The $50,000 of State gants funding exists in the
Library budget and has been designated by Council for
the Mitchell Park project.
$10,000
$20,000
Relocation Expense Reimbursement
Comprehensive Compensation Benchmarking
Study of positions in SEIU and Management
To pay for relocation costs associated with move of
City Manager who recently purchased a home and to
cover other relocation expenses that have yet to be
turned in.
Study was just recently completed and billing invoice
is not expected to be received in July 2001.
$60,000
$50,000
$50,000
$46,494
School Commute Safety Study, Phase II
Development Review - Mayfield
Computer Traffic Model
Traffic Safety Campaign
Second phase of the Citywide School Commute Safety
Study will focus on the schools in south Palo Alto:
Gunn, JLS, Ohlone, Hoover, Palo Alto, Juana Briones,
E1 Carmelo and Barron Park, and prospectively
Terman Middle School. It will complete the work
begun in the first phase, which focused on the schools
located north of Oregon Expressway.
This project furthers the City Council's Priority on
Traffic Calming and Alternative Transportation. It is
anticipated that this study will result in
recommendations within the following areas: physical
improvements and/or traffic calming on the public
streets, traffic safety education and transportation
demand management programs, community awareness
programs, enforcement policies, and other initiatives
that would increase safety of students commuting to
school.
Analysis of a potential community center at the
Mayfield site will continue into FY 2001-02.
Reappropriation of funds for this project is critical to
providing City Council and the community with
information related to the impact of a community
center at this site. This project furthers the City
Council's priority on Joint Master Planning of City
School facilities and services.
Progress on this project has been greatly impaired due
to staff changes.
The Traffic Safety Campaign has been greatly
enhanced by donated services, including
marketin#advertising, graphic design and advertising
space. Reappropriation of the unexpended funds will
enable the campaign to continue into next fiscal year
and will allow staff to reinforce the campaign's safety
themes through the beginning of the school year and
into fall.
$33,000 Zoning Ordinance Update The 2-year Zoning Ordinance Update work plan was
not presented for approval by City Council until
November 2000. Since that time staff has been
assigned to support the project, 2 contract planners
have been selected, and research has begun per the
work plan.
$21,200
$35,072
$47,000
Video cameras for patrol vehicles
Technology grant for County wide radio
interoperability and GIS projects
OTS grants for traffic safety devices
This is part of a multi-year state CLEEP technology
grant. Video camera order was delayed in Purchasing.
These are multi-year grants, $100,000 for technology
and $10,000 for CI-IP.
This is a multi-year state grant. The department
attempted to order the equipment, but experienced
difficulties in finding and selecting vendors.
$34,000 Funding to clear brush that is encroaching onto
the roadway on Page Mill Road.
An RFP for this project was sent out in March 2001'. At
that time no contractors bid on the project. This project
is in response to Traffic and Fire Safety issues.
$3,084,827
$101,500
Commercial Advantage Program Rebate
Accelerated Energy Efficiency Program
San Francisquito Creek Levee Restoration
Project and Stabilization and Revegetation
Study
Customer and City electric efficiency projects were
initiated on an emergency basis during the second
quarter of 2001. Program design parameters,
construction timetables, and inspection deadlines will
not allow completion in FY 2000-01.
The two projects are under the direction of the San
Francisquito Creek Joint Powers Authority. They are
activities of regional benefit, and Palo Alto's continued
participation is critical to their success. The
implementation schedule has slipped beyond the
original due dates as a result of the complexities of
coordination amongst multiple JPA member agencies. It
is anticipated that the work will be completed in FY
2001-02.
$420,000 Purchase and install utility bodies and interiors
for 24 City-owned tracks and vans.
Equipment Management has had a higher than normal
vehicle replacement workload for the last several years.
This has caused a backlog of projects. The chassis for
these replacement vehicles have already been purchased
and they all must be outfitted with utility bodies.
$450,000 Funding for desktop replacement The bid responses have not been accepted/approved to
date. Information Technology is evaluating new
cutting-edge technology that differs from the City
standard. Hardware demo items were required for on-
site evaluation. As a result of the evaluation it appears
that the preferred vendor differs from the low bidder.
$180,000 Telephone System Replacement
(ASD 10021)
The project was delayed pending completion of other prerequisite
projects.
$50,062
$278,409
$32,000
Rebuild the fueling facility at
Foothills Park (PW 19205)
Americans with Disabilities Act
Compliance (PW 19309)
Arts Center Plumbing Replacement
Project (PW 10007)
Equipment Management has had a higher than normal workload for
the last several years. This has caused a backlog of projects.
The existing fueling facility at Foothills Park is out of compliance
with local environmental regulations and has been shut down. Since
this fueling facility supports Fire Station Eight and Foothills Park
operations, it is critical that the facility be rebuilt as soon as
possible.
This project provides funding to make City facilities, programs, and
services accessible to persons with disabilities in order to comply
with federal laws and regulations.
Due to workload scheduling, no ADA improvements were
scheduled for the last two years. Now that infrastructure staffing is
now on board, two restroom renovation projects are scheduled for
completion in FY 2001-02.
The sink and plumbing need to be upgraded to accommodate the
environmental and safety requirements related to the use, cleanup,
and disposal of art materials at the center. This project is currently
in the design phase and will be completed this calendar year.
***Note to General Fund Reappropriations: The Comprehensive Annual Financial Report shows $749,000 in General
Fund reappropriations. The $148,000 difference from the $601,000 shown here is a capital project carryforward for
the Community Center that does not require Council action.
Exhibit B
City of pJo A to
CAPITALIMPROVEMENT PROGRAM PROJECTS
Cmnpleted and Closed in 2000-01
PROJECT NUMBER
PROJECT
PROJECT TITLE BALANCE
GeneralFund
10011
10013
10016
19012
19602
19605
19620
19701
19710
19809
19902
19908
19912
19917
Financial Applications Users Access Impr.20,604
Year 2000 Contingency 4,101
Diesel Exhaust Removal 25,723
Payroll Personnel System 2,759
Civic Center Chiller Replacement 492
Foothill Park Water Management 36,617
Civic Center LAN Upgrade 9,825
Library Lighting Improvements 5,071
Revenue Collection Software 59,969
Work Station Operating System and Email 4,900
Parks Facility Lighting 37,821
Diesel Exhaust Removal System 45,658
Oracle Database Enterprise 2,001
Office Automation Suite 29,350
Total $ 284,891
Electric Fund
8945 *
0001 **
Automatic Mapping
41/2 kV Conversion of Maybell 1 and 2
13,765
800,000
Total $ 813,765
Refuse Fund
0107 Landfill Phase II B Closure 446,089
Total $ 446,089
Storm Drainage Fund
9508 *
0014
Arastradero Creek Erosion Repairs
Instrumentation Van
Total
110,508
5,210
$ 115,718
* Projects are closed. No expenditures were incurred.
** Project was cancelled. No expenditures were incurred.
Exhibit C
Property Taxes
Sales Taxes
Utility Users Tax
Transient Occupancy Tax
Other taxes, fines & penalties
Service fees and permits
Charges to Other Funds
Rental Income
Other Revenues
Total Revenues
Add: Operating Transfers In
Prior Year Encum & Reapprop
Total Source of Funds
Expenditures :
Administrative Departments
Community Services
Fire
Planning
Police
Public Works
Non-Departmental
School Site Operations
Total Expenditures
Add: Operating Trans Out
Total Use of Funds
Net Surplus/(Deficit)
2000-01
Adjusted
Budget
$11,335
24,200
6,163
9,400
8,272
11,191
9,568
10,355
12,871
103,355
14,042
12,288
129,685
$21,468
23,386
16,944
8,210
20,013
13,168
7,317
7,!93
117,699
9,868
127,567
2,118
2000-01
CAFR Basis
Rev/Exp
2000-01
Allocated
Charges
2000-01
Encum+
Reapprop
2000-01
Budgetary
Rev/Exp
$12,110 $0 n/a
25,786 n/a
6,895 n/a
9,359 n/a
8,887 n/a
12,743 n/a
818 7,590 n/a
10,270 n]a
15,793 n/a
102,661 ....7,590 .....n/a
14,157 n/a
-12,288 n/a
116,818 I 19,878 n/a
$12,110
25,786
6,895
9,359
8,887
12,743
8,408
10,270
15,793
110,251
14,157
t2,288
136,696
$18,557 $617 $1,862 $21,036
18,469 2,526 1,067 22,062
15,973 864 107 16,944
6,652 301 1,148 8,101
18,306 1,163 450 !9,919
9,522 2,683 621 12,826
7,186 (600)126 6,712
7,301 7,301
101,966 7,554 5,381 114,901
10,221 10,221
112,187 7,554 5381 125,122
4,631 12,324 (5,381)11,574
2000-01
Variance
$775
1,586
732
(41)
615
1,553
(1,160)
(85)
2,922
6,898
116
7,014
$432
1,324
0
109
94
342
605
(108)
2,798
(353~
2,445
9,459
CAFR Reconciliation:Current year encumbrance/reappropriations
Prior year encumbrance/reappropriations
Current year stores adjustment
Prior year stores adjustment
CAFR Net imcome
5,381
(12,288)
52
(88)
4,631
Exhibit D
Balance
@ 06/30/00
Net From
Operations
Balance
@ 06/30/01
CAFR Fund Balance
Less: Encumbrances
Reappropriations
Adjustment for Stores Operations
Budgetaw Fund Balance
Allocate To Reserves:
Budget Stabilization Reserve
Reserve For Infrastructure Improvements
Notes Receivable Reserve
Stores Inventory Reserve
Unrealized Investment Gain/Loss Reserve
Reserve For Streets & Sidewalks
Reserve For Emergencies
Adjustment for Stores Operations
Budgetary Fund Balance
Adjustment for Stores Inventory Encumbrance
Adjustment for Stores Operations
Total Adjustments
$55,765
(12,045)
(612)
281
43,389
$20,029
13,898
649
2,144
0
0
6,388
281
43,389
$4,631
7,129
(137)
(229)
11,394
$4,462
4,890
491
82
1,309
0
389
(229)
11,394
136
(84)
52
$60,396
(4,916)
(749)
52
54,783
$24,490
18,788
1,140
2,226
1,309
0
6,777
52
54,783
Exhibit E
REVENUE
Water sales
Other revenues
Reappropriations /Enc
1999-00
Act/Enc/
Reapprop
14,551
1,163
1,021
EXPENSES
Purchases
Other Expenses
TOTAL OPERATING EXPENSES
Capital Expenses
5,711
7,402
13,113
3,640
2000-01 Act/EncJ $ Variance
Adjusted Reapprop Favorable
Budget ActuaUEnc (Unfavor,)
14,883 15,441
1,201 1,726
1,625 1,625
558
525
5,970 5,969 1
8,340 9,051 (711 )
14,310 15,020 (710)
7,033 6,228 805
REVENUE
Electric retail sales
Electric wholesale sales
Other revenues
Reappropriations /Enc
EXPENSES
Purchases
NCPA & TANC Debt Svc
Other Expenses
TOTAL OPERATING EXPENSES
Capital Expenses
1999-00
Act/EncJ
Reapprop
56,769
4,582
10,844
6,546
18,261
11,026
27,928
57,215
18,603
200001 ActJEncJ $ Variance
Adjusted Reapprop Favorable
Budget ActualJEnc (Unfavor.)
55,381 53,093 (2,288)
3,620 4,064 444
23,256 94,052 70,796
11,271 11,271
27,967 57,763 (29,796)
11,564 9,999 1,565
45,702 44,612 1,090
85,233 112,374 (27,141)
23,157 20,030 3,127
REVENUE
Gas retail sales
Gas wholesale sales
Other revenues
Reappropriations / Enc
EXPENSES
Purchases
Other Expenses
TOTAL OPERATING EXPENSES
Capital Expenses
1999-00
Act/EncJ
Reapprop
16,443
1,372
993
2000-01 AcUEncJ $ Variance
Adjusted Reapprop Favorable
Budget Actual/Enc (Unfavor.)
21,547 9,264 (12,283)
13,255 13,255
11,595
8,542
20,137
3,904
7,306 7,808 502
1,254 1,254
20,772 20,627 145
14,590 14,249 341
35,362 34,876 486
4,026 6,142 (2,116)
REVENUE
Revenues
Reappropdations /Enc
EXPENSES
Sewer Treatment Exp.
Operating Expenses
TOTAL OPERATING EXPENSES
Capital Expenses
Principal Payments
1999-00
Act/EncJ
Reapprop
11,307
8,262
4,390
2,340
6,730
13,569
47
2000-01 AcUEnc/$ Variance
Adjusted Reapprop Favorable
Budget Actual/Enc (Unfavor.)
11,196 11,420 224
7,460 7,460
5,020 4,974 46
3,220 6,570 (3,350)
8,240 11,544 (3,304)
12,594 9,230 3,364
1999-00
Act/EncJ
Reapprop
REVENUE
Revenues 23,041
Reappropdations / Enc 2,263
EXPENSES
Payments to PASCO 6,957
Other Expenses 14,754
TOTAL OPERATING EXPENSES 21,711
Capital Expenses 1,979
2000-01
Adjusted
Budget
AcUEncJ
Reapprop
ActuaUEnc
$ Variance
Favorable
(Unfavor.)
23,638
2,182
23,630
2,182
(8)
7,699
16,364
24,063
3,576
7,699
13,581
21,280
2,967
2,783
2,783
609
REVENUE
Operating Revenues
Restricted Bond Proceeds
Reappropriations / Enc
Bonded Reappro/Encum
EXPENSES
Operating Expenses
TOTAL OPERATING EXPENSES
Capital Expenses
Principal Payments
1999-00
ActJEncJ
Reapprop
12,650
2,246
6,883
11,570
11,570
9,997
298
2000-01 Act/EncJ $ Variance
Adjusted Reapprop Favorable
Budget Actual/Enc (Unfavor.)
12,571 13,278 (707)
12,571 13,278 (707)
5,037 6,307 (1,270)
262 262 -
14,051 14,735 684
1,815 1,815 -
2,451 2,451 -
3,710 3,710 -
REVENUE
Revenues
Reappropriations /Enc
Bonded Reappro/Encum
Restricted Bond Proceeds
EXPENSES
Operating Expenses
TOTAL OPERATING EXPENSES
Capital Expenses
Principal Payments
1999-00
Act/End
Reapprop
2000-01
Adjusted
Budget
Act/End
Reapprop
Actual/Enc
3,197
423
426
935
2,527 3,078
275 423
1,327 426
944 935
1,954
1,954
2,148 1,998
200 250
2,560 2,326
2,560 2,326
$ Variance
Favorable
(Unfavor.)
119
2,834
215
234
234
(836)
35
Exhibit F
FISCAL YEAR 2000-01
Beginning Reserves
To (From) Reserves
Water Electric Gas WWC WWT Refuse Storm
$10,385 $105,500 $12,569 $9,103 $4,214 $10,127 $728
(2,456) 30,076 (9,437)(1,894)2,864 1,565 (394)
Budgeted Reserves 6,719 135,722 1,126 6,894 4,660 8,308
% of Reserves 118% 100% 278% 105% 152% 141%
Total
$152,626
20,324
163,429
106%
FISCAL YEAR 2000-01 Water Refuse Storm Total
Rate Stabilization
General RSR
Supply RSR
Distribution RSR
Total RSR
Emergency Plant Replace
Calaveras
Underground Loan
conservation loan
Water Resources board
Shasta rewind loan
Central Valley Project
Public benefit program
$7,025 $6,759 $5,623 $11,102 $334
56,645 510
8,326 1,805
7,025 64,971 2,315 6,759 5,623
904 2,252 783 450 1,455
64,780
623
64
7O4
2,182
34
11,102 334
590
$30,843
57,155
10,131
98,129
5,844
64,780
623
34
590
64
704
2,182
FISCAL YEAR 2000-01 Gas Refuse Storm Total ......
Beginning RSR $9,506 $31,382 $11,187 $8,683 $2,847 $9,537 $728
To(from) RSR (2,481)33,589 (8,872)(1,924)2,776 1,565 (394)
RSR Maximum 8,988 22,853 7,886 5,368 4,064 3,725 N/A
RSR % of Maximum 78%284%29%126%138%298%N/A
$73,870
24,259
52,884
186%