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Revenues
<br />Customer Charges
<br />Interest Earnings
<br />Expenses
<br />Personal Services
<br />Supplies & Materials
<br />Depreciation
<br />Other Services & Charges
<br />2015 2016 $ Increase °/o Increase
<br />Bud�et Bu� (Decrease� (Dccrease)
<br />$ 1,620,160 $1,645,685 $ 25,525 1.6%
<br />30,000 35,000 5,000 16.7%
<br />Total $1,650,160 $ 1,680,685 $ 30,525 1.8%
<br />$ 380,000
<br />81,000
<br />510,000
<br />262,700
<br />Total $ 1,233,700
<br />$ 397,600
<br />83,500
<br />510,000
<br />271,200
<br />$1,262,300
<br />$
<br />$
<br />17,600 4.6%
<br />2,500 3.1%
<br />- 0.0%
<br />8,500 3.2%
<br />28,600 23%
<br />Net Available for Capital $ 416,460 $ 418,385
<br />For 2016, overall costs are expected to rise 2.3%. Costs associated with assigned personnel are
<br />expected to increase 4.6% which includes a 2% cost-of-living adjustment and a 5% increase for
<br />healthcare costs. The added operating costs will require an increase in the stormwater fee charged to
<br />customers in 2016.
<br />Recycling Operations
<br />The recycling operation provides for the contracted curbside recycling pickup throughout the City and
<br />related administrative costs. The primary operating cost is the amounts paid to a contractor to pick up
<br />recycling materials.
<br />The following table provides a summary of the 2015 and 2016 (proposed) Budget:
<br />Revenues
<br />Base Fec Rcvenue
<br />Usage Fee Revenue
<br />SCORE Grant
<br />Revenue Sharing
<br />Interest Earnings
<br />Expenses
<br />Personal Services
<br />Supplies & Materials
<br />Other Serviccs & Charges
<br />Net From Operations
<br />2015
<br />Bud�et
<br />$ 309,200
<br />65,000
<br />l 40,000
<br />1,000
<br />Total $ 515,200
<br />2016 $ lncrease % Increase
<br />Budget (Decrease) (Decrease)
<br />$ 346,000 $ 36,800 ll.9%
<br />- - 0.0%
<br />89,200 24,200 372%
<br />48,000 (92,000) -65.7%
<br />1,000 - 0.0%
<br />$ 484,200 $ (3 l ,000) -6.0%
<br />$ 36,500 $ 36,800 $ 300 0.8%
<br />700 2,000 1,300 185.7%
<br />448,410 453,410 5,000 1.1 %
<br />Total $ 485,610 $ 492,210 $ 6,600 1.4%
<br />$ 29,590 $ (8,010)
<br />For 2016, overall costs are expected to rise 1.4%.
<br />Under the existing contract, the City originally expected to receive an estimated $140,000 annually in
<br />revenue sharing from Eureka Recycling. However, the volume of recycled materials while strong
<br />compared to other municipalities, has remained largely unchanged while at the same time the re-sale
<br />market for collected materials has proven to be less lucrative than previously estimated due to lower
<br />demand. Based on recent revenue sharing monies received, the City should expect only $40,000 -
<br />$55,000 in 2016.
<br />Page 4 of 14
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