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ENTERPRISE FUNDS <br />Descrption <br />An Enter�rise Fund is a fund established to finance and account for the acquisition, <br />operation, and maintenance of governmental facilitie� and services, which are entirely ar <br />predominantly self-supporting by user charges. The Ciiy operates .four Enierprise Funds. <br />The accrual basis of accounting is used far these funds. However, capital outlay items <br />are recorded as expenses. These pages are a summary of the E�terprise �unds_ <br />Bud�ef �ssues <br />See the individual funds for the variaus budget issues facing each fund. <br />B�dget Sum�nary <br />Appropriation Oetail <br />Actual Achraf 8udget Ameaded Actua{ Pmposed Adopted % Change <br />Actiufy FY 2603 FY 2014 FY 2U11 FY 2011 6f30120it FY 2012 FY 2012 11 vs 12 <br />Revenues <br />Taxes - - - - - - - <br />ucenses and Pertnits 3.386 5,479 4,000 4,OOD 726 4,000 - 0.00°/a <br />6ftergotiemmenfa[ t9,866 20,114 2D,846 20,846 20.845 20.0�0 - d.06°.6 <br />SpecialAssessment �5,146 5,369 4,900 4,90D i,9n0 2,5D6 - -48.98% <br />Miscellaneous 58,102 72,296 5�,5W 50,a06 34,139 68,iD0 - 34.85% <br />Charges ior Sendces 3,602,779 3,972,000 A,2tB,954 4,218,954 1,376,i05 4,336,257 - 2.78°!c <br />Totai Re�.enues 3,689,278 4,075,431 4,299,200 4,299,200 t,433,756 4,430,657 - 3_06% <br />EspendiWreS - <br />Persasal Serrices 538,327 692,219 774,279 774,279 375,777 835,326 - 7.86°6 <br />Ma[enals and Supplies - 89,4A6 83,831 B1,D85 8f,085 29,409 86,085 - &,17°� <br />Other Sertices and Charges 2,572,320 2,635,395 2,942,50D 2,942,5D[3 763,275 3,024,973 - 2.8C1% <br />CapitalOutlay � 4,500 85,766 1,553,2413 1,553,24b 28,846 828,750 - -05.64% <br />Trdnsfers i32,500 143,OD0 143,000 143,000 143,000 - 0.00% <br />7otai Expenditures 3,437,d93 3,640,213 5,494,144 5,444,104 i,i97,308 4,918,136 - -10.48% <br />Fund Balarice-.3anuary 1 12,573,567 i2,830,253 i3,351,236 13,359,236 13,351,236 12,156,332 <br />ExcessRe�enueO�erExp�ditures z5z,�s5 a�,2n (i,�sa,soa) {�,isa.9oa� 23s,aso �as�,2�sy <br />FundBalance-Decem6er31 $ 12,825,752 $ 53,2&5,474 $ 12,156,332 $ 12,15G,332 $13,587,fi85 $1t,669,052 $ <br />8alance Without Capltat Outlay $ 12,830,253 $ i3,351,236 $ 13,709,572 $ 13,769,572 $13,6i6,532 $12,497,962 $ - <br />(Nate: Capita.l Outlays are reclassified as Assets th�s having no effect on the Net Assets <br />or Fund Balance - th�se balances include capital outlay fQr budget puiposes.} <br />90 <br />