My WebLink
|
Help
|
About
|
Sign Out
Home
2013_0826_packet
Roseville
>
City Council
>
City Council Meeting Packets
>
2013
>
2013_0826_packet
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/30/2013 2:06:35 PM
Creation date
8/27/2013 2:11:18 PM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
54
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Page 11 of 13 <br />Storm Sewer Fund Summary 191 <br />The following table depicts the 2013 financial activity for the Storm Sewer Fund for the fiscal period 192 <br />ending June 30, 2013 (unaudited). 193 <br /> 194 <br />20132013%% <br />Budget Actual Actual Expect.Diff. <br />Revenues <br />Charges for services1,931,915 $ 602,398 $ 31.2%37.1%-6.0% <br />Interest earnings65,000 - 0.0%0.0%0.0% <br />Miscellaneous35,000 290,969 831.3%31.9%799.4% <br />Total Revenues 2,031,915 $ 893,367 $ 44.0%35.0%9.0% <br />Expenditures <br />Storm drainage operations 2,031,915 516,364 25.4%32.5%-7.1% <br />Total Expenditures 2,031,915 $ 516,364 $ 25.4%32.5%-7.1% 195 196 <br />Comments: 197 <br />Storm Sewer Fund revenues and expenditures are at e xpected levels overall. Miscellaneous revenues 198 <br />were higher than expected due to the receipt of th e City’s share of residual funds leftover from the 199 <br />dissolution of the Grass La ke Watershed District. 200 <br /> 201 <br />The Storm Sewer Fund is currently in excellent fi nancial condition with $3.2 million in available cash 202 <br />reserves for operations and capital replacements. This reserve level is expected to decline over the next 203 <br />10 years due to planned capital improvements. Inflat ionary-type rate increases will be needed in the 204 <br />future to maintain financial sustainability. 205 <br />206
The URL can be used to link to this page
Your browser does not support the video tag.