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Home My WebLink About11/25/02 . 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, November 25, 2002 6:00 P.M. Conference Room A 1. Call to Order 2. Approve Agenda 3. Approve Minutes -regular meeting, October 28, 2002 4. Continued Discussion Items . a) Pumphouse 6 & 7 Update 5. New Business 6. Approve Bills 7. Financial Report/2003 Budget 8. Open Forum 9. Adjourn . . CITY OF FARMINGTON REVENUES AND EXPENDITURES ANALYSIS WATER FUND 10/31/2002 83% OF THE YEAR COMPLETE 2002 2002 %OF BUDGET ACTUAL BUDGET OPERATING REVENUES USER FEES 752,000 511,776 68.06% WATER PERMITS 20,000 19,775 98.88% METER SALES 100,000 100,241 100.24% TOTAL OPERATING REVENUE 872,000 631,792 72.45% NON OPERATING REVENUES WATER AVAILABILITY CHARGES 200,000 237,153 118.58% WATER MAIN TRUNK FEES 237,865 WATER TREATMENT PLANT FEES 136,681 SPECIAL ASSESSMENTS 200,000 58,724 29.36% INTEREST 200,000 171.818 85.91% ADMINISTRATIVE FINES 375 OTHER 80,000 0.00% ANTENNA LEASE 20,000 34,156 170.78% TOTAL NON OPERATING REVENUE 700.000 876.771 125.25% TOTAL ALL REVENUE 1,572,000 1.508.563 95.96% EXPENDITURES SALARIES 90,594 61.749 68.16% . OVERTIME 2,095 991 47.30% BENEFITS 13,473 8.927 66.26% EaUlPMENT SUPPLIES 96.950 121.253 125.07% OTHER SUPPLIES 2,000 7.092 354.60% CHEMICALS 48,985 37.918 77.41% FUEL 4,435 3,216 72.52% POSTAGE 1,000 3.379 337.92% OUTSIDE PRINTING 6.910 8.131 117.67% PROFESSIONAL SERVICES 45,398 64.051 141.09% LEGAL 2.185 12 0.55% DUES & SUBSCRIPTIONS 2.536 2,963 116.84% SCHOOLS & CONFERENCES 1.050 292 27.81 % EaUIPMENT MAINT 28.105 2.786 9.91% BUILDING RENTAL 4,420 3,750 84.84% MUNICIPAL SERVICES 1.294 658 50.84% ELECTRIC 50.299 43.603 86.69% COMMUNICATIONS 2.925 4.231 144.65% GAS 1.317 654 49.66% CAPITAL OUTLAY 11.385 10.359 ~ TOTAL EXPENDITURES 417,356 386.015 92.49% OTHER FINANCING USES DEBT SERVICE 86.520 39.726 CONSTRUCTION (Wells 6 & 7) 686,254 MISCELLANEOUS 7,943 TRANSFER FOR NEW FACILITY 14.663 12,232 TRANSFER FOR ADMINISTRATIVE FEES 38,500 32.082 TOTAL OTHER FINANCING USES 139.703 778,237 TOTAl EXPENDITURES & OTHER . FINANCING USES 557,059 1,164,252 INCREASE (DECREASE) TO RETAINED EARNINGS 1,014.941 344.311 . Operating Cash Cash from Reservior Bonds Water Availability Charge Water Benefit Charge Water Main Trunk Charge Water Treatment Plant Water fund Cash Balance Water Construction Cash Balance City of Farmington Water Board Cash Analysis Total thru 2002 10/31/2002 217.691.60 1.798,832.38 (390.377.00) 818.719.12 22.195.29 237.865.00 359.146.81 136,681.00 898,462.00 201.860.60 3.897.355.60 Total Cash available to Water Board 3.897.355.60 Classification of Developer 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 . . . CITY OF FARMINGTON, MN ANNUAL BUDGET WATER UTILITY FUND FUND SUMMARY ~.\..~~.~.\.~~N:l:.~:..~:.~~.~~.~:.~.:~.:::.~.:~:.~.:::.~ .:~:.~.:~:.~.:~:.~.:~:.:.:~:.~.:::.:.:~:.:.:::.:.:::.::~:.::::.:::..:.:::.::.:.~.::.\-.t::..:/.: u.::.~:~.::'.:~II!!./:..:.::.::.::.::.:~.::.::.::.:~.::.::.::.::.::.::.:::.:.::.::.::.::.:::~.::.:~..:.',,:,:::~.:~.:~.::.:~.:~.:~.:~.::.::.:~.:~.:~.:~.:~.::.::.:~.:~.:~.:::~.:~.::.:~.:~.::.:~.:~.:~.::.:~.::.:~.::.::.::.:~.:::~.:..::..:..~...:.::::..:.:::...::::.::::.::.::.::.::.::.::.:~.::.::.::.::.::'::.::.::.::.::.::.::.::.::.:~.:::.:;,t~.~.:.:::ll'!'.~20.:...:...T.I,:,:,:,,::,o.o..: ~.:.::...::.:~.:.~.:~:..::..~:..:.:~.::.::.::.::::.::.::: ~)~~t~~~t~~~~~~~~~~~~~~~~ ::::::::::~:~~~~rrrrr:;::::::to02;:::;:::::::::::;:::;:::~rri;:::::(:::~:~::~:;:::;:::;:::;:::::::::::::;:::;::::@Q,:::::::::::::~:~:~:~~~~rrrrr: '!l'-_ ':~:!Iii_ ~::,""_ /Ao.'tOAt\/ ~r::AQQP:1liQ:;:::~ ::~:~g~Je.:~~ ;:::~MOPQ$.IU.;::: ~;:::_mQr 1$ $ $ $ IS $ REVENUES 5025 Charges for service 4370 Other permits 970,429 1,366,326 1,272,000 1.400,000 1.450.000 96 738 96.364 100 000 120 000 100.000 1,067,167 1,462,690 1,372,000 1,520,000 1.550,000 210,752 249,371 200,504 208,843 200,000 200,000 200.000 32 822 40 246 40 000 40 000 40 000 444 078 498 460 240 000 240 000 240 000 1.511.245 1.961,150 1,612,000 1,760.000 1,790.000 Other Revenues 4110 Special Assessments 4955 Investment Income 5350 Miscellaneous Total other revenue Total Revenues EXPENDITURES 6100 Personal services 6200 Supplies . 6400 Other services & charges 6900 Capital outlay 7100 Debt service Total Expendituresl Transfers in (out): 5205 Capital Project fund 7310 General Fund 7310 Debt service fund Total transfers out . 69,459 94,575 105,619 97,600 110,757 104,480 153,293 152,370 190,440 205.590 295,886 161,040 147,441 162,445 182.310 1.217,121 172,147 11.385 785.885 - 244 330 231 520 219451 219451 207 626 1 931 276 812.575 636 266 1 455 821 706 283 783,007 (27,500) (35.000) (38,500) (38.500) (45.000) . (8 000 (14 683 (14683' 133 327\ 755 507 (43 000 (53 183 (53183 (78 327 Fund Balance beginning of year 2 667 959 3.003.435 4 109010 4 109.010 4 360 006 Fund Balance end of year 4.109010 5031 561 4 360 006 5 365 396 3 003 435 . CITY OF FARMINGTON, MN . FUNCTION: FUND: ACCT. NO: Enternrise Water Utility 6502 SUMMARY OF EXPENSES ':,111::: ,'i,:::i::!:I'!::III..I!:lilll':I:::':~::::~::::::i:i:::::!!!:I:::!!:I'II:II!lli:"'i:II:::I:I':~:~.:::'::::'i..:::','1 :\\\\IOOn~~ttt:: ~)):(:::ao.t::~))) :1:1:=:i.~.i::!::::: :;!:I::::'::~~:::'~::~):,:::\"~ :::::::::,iidUB@:::: :::t::AOilAUt:: $ $ $ $ $ PERSONAL SERVICES 6110 Salaries-full time 56,058 76,017 83,548 83,000 88,693 6112 Overtime-full time 2,110 2,916 2,095 1,000 2,314 6120 Salaries-part time 1,976 3,709 7,046 2,000 6,130 6152 FICA/Medicare 4,600 6,322 7,091 6,000 7,431 6154 PERA 2,848 4,365 4,736 4,500 5,033 6158 Employee benefits 1,867 1,246 1,103 1,100 1,156 Total Personal Services 69,459 94,575 105,619 97,600 110,757 - SUPPLIES 6220 Equipment supplies 93,785 86,914 96,950 106,000 141,150 6250 Other supplies 62 28,900 2,000 35,000 5,000 6260 Chemicals 45,267 33,206 48,985 45,000 55,000 6272 Fuel 2,399 4,273 4,435 4,440 4,440 Total Supplies 141,513 153,293 152,370 190,440 205,590 - OTHER SERVICES & CHARGES 6401 Professional services 71,093 73,243 45,399 65,000 69,570 6403 Legal 47 2,185 50 2,190 6411 Telephone 1,838 1,292 3,310 6412 Cellular phone 1,149 908 1,925 1,925 2,000 6421 Municipal services 344 1,600 1,294 1,200 1,300 6422 Electric 49,766 52,797 51,300 51,300 51,500 6423 Natural gas 1,922 1,332 1,317 1,300 1,320 6426 Insurance 9,223 11,100 12,210 13,430 6445 Postage 1,390 542 1,000 5,000 1,000 6450 Outside printing 4,220 7,186 6,910 8,000 7,500 6455 Legal notice printing 1,208 800 6460 Dues & subscriptions 1,863 2,497 2,536 3,000 2,800 6470 Training & subsistance 200 310 1,050 400 1,100 6505 Equipment maint. service 25,123 4,132 28,105 5,000 28,800 6556 Building rental 4,420 3,750 7420 Miscellaneous 46,200 2,846 200 - Total Other Services and Charges 214,331 161,040 147,441 162445 182,310 - CAPITAL OUTLAY 6920 Water distribution 1,206,488 167,831 774,500 6950 Machinery & equipment 10,633 4,027 11 ,385 11,385 6960 Fumiture & office equipment 289 Total Capital Outlay 1,217,121 172,147 11,385 785,885 - DEBT SERVICE 7110 Principal 150,000 145,000 140,000 140,000 135,000 7120 Interest 93,833 86,520 79,451 79,451 72,626 7130 Paying agent fees 497 Total Debt Service 244,330 231,520 219,451 219,451 207,626 Total 1,886,754 812,575 638,266 1,455,821 706,283 - ANNUAL BUDGET .