City of La Porte Annual Budget 1994-1995

Browse Search

The other accounts that caused the expected underage are scattered throughout the different divisions. Highlights of each division are: . In the Water Production Division, maintenance costs are expected to be about $11,000 under budget caused, by Increased performance of machinery; because of the Increased attention the City has shown towards Inflow and Infiltration, the costs for 11ft station maintenance and electricity in the Wastewater Collections Division, Chemicals In the Wastewater Treatment Division, and Contract Sewer In the Non-departmental Division are down by a combined $76,000. . . In the Non-departmental Division, the amount for Contract Water Is down by $16,000, caused by Improvements to our system which allowed us to terminate a water usage contract with a neighboring city. Also, the payments to the La Porte Area Water Authority are down by $75,000 and we did not use $42,500 of the Utility Fund Contingency. The City used $32,500 of the Utility Fund Contingency for emergency repairs to one of Its 11ft stations. The expenses for the new y~ar are budgeted at $5,897,174, which Is $75,148, or 1.29% greater than the current fiscal year. The expenses, by department, for the current fiscal year are shown below: Budget Budget Division 1993-94 1994-95 Change Percent Water Production $ 341,552 342,395 843 0.25% Water Distribution 457,704 456,162 (1,542) ~.34% Wastewater Collection 687,769 689,368 1,599 0.23% Wastewater Treatment 701,635 681,423 (20,212) -2.88% Utility Billing 439,366 445,153 5,787 1.32% Non-departmental 3.194.000 3.282.673 88.673 2.78% Total Expenses $ 5,822,026 5,897,174 75,148 1.29% The expense budgets for the new year are fairly stable for the divisions In the Utility Fund. The only major differences between the two years Include a reduction In chemical and testing requirements In the Wastewater Treatment Division, which are down a combined total of $30,000. In the Non-Departmental division, a combination of decreases and Increases comprise the overall Increase of $88,673. The accounts with decreases Include estimated payments to the La Porte Area Water AuthorItY (down $60,000), payments' for Cont~ct Water (down $20,000), and payments for Contract Sewer (down $35,000). Accounts with Increases are related to transfers to capital Improvement funds, where we Increased the transfer to the Utility Capital Improvement Fund by $50,000 and to the Inflow and Infiltration Fund (Fund 018) by $150,000. Utility Fund Overall Fund Condition The projected end-of-year working capital balance for the Utility Fund Is $1,585,680 which Is approximately 26.9%, or 98 days of budgeted expenses, well within the targeted balance of 90 to 120 days of working capital as called for in the City's Financial Management Policies. Other Enterprise Funds With the exception of the Golf Course, all remaining enterprise funds are remaining status quo between the two years. The Golf course has two Items that were not there In the current year. First, there Is budgeted a payment of $135,000 out of the new year's working capital for the purchase of new golf cars. This purchase occurs every four years. To help' prevent the large capital expense on the operating budget of this fund, we will begin, In the 1994-95 fiscal, year, funding the purchase of future golf cars through the Motor Pool Fund. The second item In this fund Is the reserving or ear marking of $160,000 for future course Improvements. The City plans to match this $160,000 with an additional $160,000 In fiscal year 1995-96 and to use the funds to make Improvements to the Club House operation. 1-10 I I I I I I I I I I I I I I. I I I I I