HomeMy WebLinkAbout10/25/04
City of Farmington
325 Oak Street
. Farmington, MN 55024
A Proud Past - A Promising Future
Committed to Providing High Quality,
Timely and Responsive Service to All
Of Our Customers
AGENDA
REGULAR WATER BOARD MEETING
Monday, October 25, 2004
7:00 PM
Conference Room A
1. Call to Order
2. Approve Agenda
3. Approve Minutes -regular meeting, September 27, 2004
4. Water Use Restrictions - Citation Appeals
5. Continued Discussion Items
.
a) Wellhead Protection Plan Update
b) Future Facilities
6. New Business
a) 2005 Rates
7. Approve Bills
8. Financial Report
9. Open Forum
10. Adjourn
.
. CITY OF FARMINGTON
REVENUES AND EXPENDITURES ANALYSIS
WATER FUND
9/30/2004
75% OF THE YEAR COMPLETE
2004 2004 %OF
BUDGET ACTUAL BUDGET
OPERATING REVENUES
USER FEES 810,000 619,135 76.44%
WATER PERMITS 25,000 10,400 41.60%
METER SALES 115,000 52,738 45.86%
TOTAL OPERATING REVENUE 950,000 682,273 71.82%
NON OPERATING REVENUES
WATER AVAILABILITY CHARGES 200,000 122,326 61.16%
WATER MAIN TRUNK FEES 100,000 6,374 6.37%
WATER TREATMENT PLANT FEES 100,000 7,830 7.83%
SPECIAL ASSESSMENTS 200,000 62,826 31.41%
INTEREST 200,000 135,000 67.50%
ADMINISTRATIVE FINES 4,735
ANTENNA LEASE 40,000 28,121 70.30%
TOTAL NON OPERATING REVENUE 840,000 367,212 43.72%
~ TOTAL ALL REVENUE 1,790,000 1,049,485 58.63%
EXPENDITURES
SALARIES 115,492 62,810 54.38%
OVERTIME 2,500 4,243 169.72%
BENEFITS 17,301 9,646 55.75%
EQUIPMENT SUPPLIES 141, 150 79,634 56.42%
VEHICLE SUPPLIES 233 0.00%
BUILDING SUPPLIES 0.00%
OTHER SUPPLIES 10,000 3,169 31.69%
CHEMICALS 85,000 60,935 71.69%
FUEL 4,435 1,744 39.32%
PROFESSIONAL SERVICES 69,961 68,252 97.56%
LEGAL 2,190 999 45.63%
COMMUNICATIONS 6,610 4,497 68.03%
MUNICIPAL SERVICES 4,160 895 21.51%
ELECTRIC 51,500 63,208 122.73%
GAS 13,320 5,889 44.21 %
INSURANCE 13,430 10,073 75.00%
POSTAGE 5,500 4,318 78.51 %
OUTSIDE PRINTING 7,500 9,646 128.61%
LEGAL NOTICES 1,200 2,243 186.92%
DUES & SUBSCRIPTIONS 3,500 5,881 168.03%
SCHOOLS & CONFERENCES 1,100 521 47.36%
EQUIPMENT MAINT 28,800 11 ,332 39.35%
. VEHICLE MAINT 500 369 73.80%
EQUIPMENT RENTAL 0.00%
TOTAL EXPENDITURES 585,149 410,537 70.16%.
OTHER FINANCING USES
DEBT SERVICE 201,011 33,006 16.42%
CONSTRUCTION 461,662 45,199 9.79%
CONSTRUCTION (Wells 6 & 7) 43,886
MISCELLANEOUS
TRANSFER FOR NEW FACILITY 32,839 24,629 75.00%
TRANSFER FOR ADMINISTRATIVE FEES 50,000 37,500 75.00%
TOTAL OTHER FINANCING USES 745,512 184,220
TOTAL EXPENDITURES & OTHER
FINANCING USES 1,330,661 594,757
INCREASE (DECREASE) TO RETAINED EARNINGS 459,339 454,728
.
.
.
.
.
Operating Cash
Cash from Reservior Bonds
Water Availability Charge
Water Benefit Charge
Water Main Trunk Charge
Water Treatment Plant
Total thru Total thru
12/31/2003 2004 9/30/2004
1,648,198.68 486,416.29 2,134,614.97
562,848.90 78,440.00 641,288.90
23,376.29 23,376.29
580,503.47 69,200.00 649,703.47
1,208,663.66 7,830.00 1,216,493.66
4,023,591.00 641,886.29 4,665,477.29
Water fund Cash Balance
Water Construction Cash Balance
Total Cash available to Water Board
4,023,591.00
4,665,477.29
Classification of Develo er fees:
Water Availability Charges
Water Benefit Charges
Water Main Trunk Charges
Water Treatment Plant
are used for Wells and Reserviors
are lateral benefit charges
are used for constructing trunk facilities
fees to accumulate to build Water Treatment Facility