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<br />The revenues for the new fiscal year are projected at $5,712,900, which is $55,000, or .97%, greater than
<br />they were in the current year. The revenues, by revenue category, for the new fiscal year are shown
<br />below:
<br />
<br /> Original Projection Projection
<br />Category 1995-96 1996-97 Variance Percent
<br />Charges for Services 10,000 6,000 -4,000 -40.0%
<br />Water 2,719,200 2,936,300 217,100 7.98%
<br />Sewer 2,839,000 3,022,000 183,000 6.45%
<br />Miscellaneous 200 200 0 0.00%
<br />Other Revenue 144.500 145.000 500 0.35%
<br />Total Revenue 5,712,900 6,109,500 396,600 6.94%
<br />
<br />There are no planned increases in rates in the Utility Fund. The increases are 'projected to be caused by
<br />the increase in service customers caused by new construction in the City.
<br />
<br />Utility Fund Expenses
<br />
<br />The Utility Fund expenses for fiscal year 95-96 are currently estimated at $5,882,317, which is $221,163,
<br />or 3.62%, lower than our original budget. The expenses, by division, for the current fiscal year are shown
<br />below:
<br />
<br /> Budget Current Estimate
<br />Division 1995-96 1995-96 Variance Percent
<br />Water Production 367,431 354,221 13,210 3.59%
<br />Water Distribution 436,761 393,393 43,368 9.93%
<br />Wastewater Collection 723,557 670,316 53,241 7.36%
<br />Wastewater Treatment 709,511 686,300 23,211 3.27%
<br />Utility Billing 463,220 453,827 9,393 2.03%
<br />Non-departmental 3.403.000 3.324.260 78.740 2.31%
<br />Total Expenses 6,103,480 5,882,317 221,163 3.62%
<br />
<br />The first four of the six divisions listed above are accounted for under the Public Works Department with
<br />the remaining two falling under the Finance Department.
<br />
<br />It is estimated that all divisions will come in under budget. As in previous years, this is primarily in the
<br />personal services category and we will continue to address this by studying turnover trends and adjusting
<br />requested budgets accordingly.
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