carapasse Reporting GLANCE R CASH Current Last Year 7.2% 5.9% 5.4% Last Month 5.9 % 4.5 % 3.5 % Twin Falls Last Year. 1.77% 1.7 % Last Month.13%.

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1 OCTOBER OUR R CASH Balances as of October 31, 2014 GENERAL FUND CASH & INVESTMENTS Oct 2014 Avg.

URA draw requests) 11.022 M 4.175 M Avg. Oct FY 201113 3.595 M 4.278 M 6.744 M WATER FUND CASH & INVESTMENTS I Oct 2014 (incl.

URA draw requests) 40.377 M 7.714 M Avg. Oct FY 201113 5.381 M 40.377 M 0.

/Total for Fiscal Year 2014 Estimated Permit Value for SINGLE FAMILY BUILDING PERMITS ISSUED Oct 2014 FiveYear Average for Oct Thru

Value for FY2015 6.721 M Estimated Total Value for FY2014 4.454 M Reporting Period: FYE 2015, October 2014 OUR CASH FLOWS 6.881 M 12.

110 M UILDING PERMITS AT A Preliminary Monthly Financial and Economic Dashboard Issued January, 2015 2/2.059 M 2/2.445 M 21 22 8.

4 City of Twin Falls, Idaho GENERAL FUND REVENUES AND Fiscal Year 2015 to STREET FUND REVENUES AND EXPENDITURES Fiscal Year 2015

333,0866 9.4 % * 9.7 % 3.4 % 9..7 % 10..2 % 10..0 %**See pg. 100 *Rev % omits 360,000 of bgtd. Reserves (10,328,070 Total Rev.Bgt.

omitting 2013 = 2.4% SEWER FUND REVENUES AND EXPENDITURES Fiscal Year 2015 9,096,332 User Fees Revenues to 908,220 812,522 661,558 9.

average is skewed by early payoff of debt in FYE 2013. 3 yr. avg. omitting 2013 = 4.

PERMIT REVENUES COLLECTIONS 965,000 120,543 UNEMPLOYMENT INDICATORS Current National Unemployment Rate 5.8% Idaho Unemployment Rate 4.

1 1 OCTOBER OUR R CASH Balances as of October 31, 2014 GENERAL FUND CASH & INVESTMENTS Oct 2014 Avg. Oct FY STREETT FUND CASH & INVESTMENTS Oct 2014 Avg. Oct FY CAPITAL FUND CASH & INVESTMENTS Oct 2014 (incl. URA draw requests) M M Avg. Oct FY M M M WATER FUND CASH & INVESTMENTS I Oct 2014 (incl. URA draw requests) Avg. Oct FY M M M M.768 M SEWER FUND CASH & INVESTMENTS Oct 2014 (incl. URA draw requests) M M Avg. Oct FY M M M SEPTEMBER BU GLANCE NEW COMMERCIAL BUILDING PERMITS ISSUED Oct 2014/Total for Fiscal Year 2015 Estimated Permit Value for Month /Total for Fiscal Year 2014 Estimated Permit Value for SINGLE FAMILY BUILDING PERMITS ISSUED Oct 2014 FiveYear Average for Oct Thru Oct for FY 2015 Thru Oct for FY 2014 FiveYear Average (FY 10 14) ESTIMATED TOTAL VALUE OF BUILDING PERMITS ISSUED Estimated Total Value for FY M Estimated Total Value for FY M Reporting Period: FYE 2015, October 2014 OUR CASH FLOWS M M M M M M M M M.110 M UILDING PERMITS AT A Preliminary Monthly Financial and Economic Dashboard Issued January, /2.059 M 2/2.445 M City of Twin Falls, Idaho GENERAL FUND REVENUES AND Fiscal Year 2015 to STREET FUND REVENUES AND EXPENDITURES Fiscal Year ,989,598 to 705, ,640 WATER FUND REVENUES AND EXPENDITURES Fiscal Year ,818,6888 User Fees Revenues to 940, , , % * 9.7 % 3.4 % 9..7 % % %**See pg. 100 *Rev % omits 360,000 of bgtd. Reserves (10,328,070 Total Rev.Bgt.360,000 bgtd from reserves = 9,968,070 Actual ed Revenues) **4 yr. average is skewed by early payoff of debt in FYE yr. avg. omitting 2013 = 2.4% SEWER FUND REVENUES AND EXPENDITURES Fiscal Year ,096,332 User Fees Revenues to 908, , , %* 8..8 % 7..3 % 6..7 % 7.9 % 12.1 %**See pg.111 *Rev % of 9,439,500 ed Revenues **4 yr. average is skewed by early payoff of debt in FYE yr. avg. omitting 2013 = 4.5% SPECIFIC REVENUES COLLECTIONS AT A GLANCE PROPERTY TAX COLLECTIONS STATE SHARED REVENUES COLLECTIONS 6,169, ,588 BUILDING PERMIT REVENUES COLLECTIONS 965, ,543 UNEMPLOYMENT INDICATORS Current National Unemployment Rate 5.8% Idaho Unemployment Rate 4.1% Twin Falls Unemployment Rate 3.1% ECONOMIC INFORMATION Change from: Municipal Cost Index (MCI) Consumer Price Index ( CPI) 1 EXPENSES 22,023,645 FY 2015: Oct. TO Oct FYS AVG. COMPARISON OF YTD % AVG.. carapasse 726,383 franca 3.3 ais 1,558,218 FY 2015: Oct. TO Oct FYS AVG. COMPARISON OF YTD % AVG.. 17,662,301 64,623.4 %.4 % Last Month.13%.0% 3 % 3.33 % 7.1 % 6. 1 % See pg % 12.0 % 4.5 % 5.3 % See pg % 12.5 % Last Month 5.9 % 4.5 % 3.5 % 16.0 % 9.2 % Last Year 7.2% 5.9% 5.4% Last Year. 1.77% 1.7 %

2 City of Twin Falls, Idaho Monthly Financial and Economic Dashboard Reporting Period: October, 2014 Published: January, 2015 General Fund Revenues Total Revenues Received for Fiscal Year 2015 Total

2 2 City of Twin Falls, Idaho Monthly Financial and Economic Dashboard Reporting Period: October, 2014 Published: January, 2015 General Fund Revenues Total Revenues Received for Fiscal Year 2015 Total Anticipated Revenues ed for Fiscal Year ,383 22,023,645 Expenses Total Expenses Made in Fiscal Year 2015 Total Anticipated ed for Fiscal Year ,558,218 22,023,645 Cash Reserves and Investments Cash and Investments in Reserve 6,881,347 3 Months Operating Expense 5,505,912 Encumbrance Requests 2014 to ,650 Less expenditures to date to be funded by encumbrance request Total (5,536,562) October ,344,785 General Fund Reserves 3 Months Operating Expense Encumbrance Requests 2014 to ,344,785, 20% 5,505,912, 80% 30,650, 0% 2

3 3 City of Twin Falls, Idaho Monthly Financial and Economic Dashboard Reporting Period: October, 2014 Published: January, 2015 Street Fund Revenues Total Revenues Received for Fiscal Year 2015 Total Anticipated Revenues ed for Fiscal Year 2015 Expenses Total Expenses Made in Fiscal Year ,407 4,989, ,640 Total Anticipated Operating ed for Fiscal Year 2015 Total Anticipated Capital ed for Fiscal Year ,864,598 3,125,000 Remaining Misc. ongoing: ADA Ramps, large zipper projects, storm drain repairs & projects 380, ,000 Fence storage area 15,000 15,000 Insulate & Heat Equipment Storage Building 20,000 20,000 Seal Coating 900, ,272 Good Used Sand/Plow Truck 35,000 35,000 4x4 Crew Cab 1/2 Ton On Call Pickup 30,000 30,000 New 10 Cubic Yd 10 Wheel Dump Truck 150, ,000 New Patch Bed 70,000 70,000 Canyon Springs Grade 600, ,000 FY 14 Overlay (Zip/mill & overlay selected roads, generally in Zone 3) 150, ,000 FY 14 ADA Compliance at intersections 75,000 75,000 FY 14 Signal Equipment 100, ,000 Eastland South Phase 2 (Continues reconstruction of Eastland Dr S of Kimberly Rd) 600, ,218 Unbudgeted : 3,125,000 3,108,490 Poleline Rd & Bridgeview (Idaho Sand & Gravel) over encumbered amount 269 5th Ave. S. (Shoshone S.Hansen S.); Jerome St. S. (3rd Ave.S.4th Ave.S.) ID S&G 778 1,047 Encumbrances Requested from FYE 2014: Req. Funds Remaining ADA 5th & Shoshone (JS Custom Crete LLC) 10,680 10,680 Pole Line Road Lithia Frontage (Idaho Sand & Gravel) 32,252 1,755 Pole Line Road East of Bridgeview (Idaho Sand & Gravel) 43,397 43,397 *Pole Line Road & Bridgeview (Idaho Sand & Gravel) 17,552 (0) Eastland Drive & Julie Lane (Idaho Sand & Gravel) 33,906 33,906 Clinton Dr (Wash.Stanley); Stanley St (ClintonEarl); Earl (Stanley SWash.S.) C&A 87,811 73,075 *5th Ave. S. (Shoshone S.Hansen S.); Jerome St. S. (3rd Ave.S.4th Ave.S.) ID S&G 32,059 (0) Eastland Drive South PMF 66,793 66,793 Eastland Drive South Civil Science 2,319 *Expenses over available Encumbrance move to Unbudgeted 326, ,606 Cash Reserves and Investments Cash and Investments in Reserve 3,913,065 3 Months Operating 466,150 *ed Capital Projects for FY ,108,490 *Unbudgeted (reduces available budget for Misc. Street Projects) (1,047) *Encumbrance requests 2014 to ,606 Total (3,803,198) October ,867 Street Fund Reserves 3 month Operating Expense ed Capital Projects for FYE 2015 reduced by unbudgeted exp. Encumbrance requests 2014 to ,107,443, 79% 229,606, 6% 466,150, 12% 109,867, 3% 3

4 City of Twin Falls, Idaho Monthly Financial and Economic Dashboard Reporting Period: October, 2014 Published: January, 2015 Water Fund Revenues Total Revenues Received for Fiscal Year 2015 Total

Revenue Bond Total expenditures net of above expenditures Total Anticipated Operations ed forr Fiscal Year 2015 Total Anticipated Debt ed for Fiscal Year 2015 Total Anticipated Capital ed for Fiscal

Replacement PI Station Communications (WagNet) Castlewood PI Station Land Purchase (170K total split with WWC) 3 Sidedd Storage Shed (80K total split with WWC) Mainline Replacement Meter Replacement

4 4 City of Twin Falls, Idaho Monthly Financial and Economic Dashboard Reporting Period: October, 2014 Published: January, 2015 Water Fund Revenues Total Revenues Received for Fiscal Year 2015 Total Anticipated Revenues ed for Fiscal Year ,371 9,968,070 Expenses Total Expenses Made in Fiscal Year 2015 Chobani Project expenditures URA Funded Arsenic Project expenditures to be funded by Revenue Bond Total expenditures net of above expenditures Total Anticipated Operations ed forr Fiscal Year 2015 Total Anticipated Debt ed for Fiscal Year 2015 Total Anticipated Capital ed for Fiscal Year , ,086 5,626,476 2,809,712 1,382,500 Harrison Station Building Upgrades Line Replacement Canyon Springs Thrust Block F150 Service Truck Flow Meter Replacement Canyon Springs Pump Replacement PI Station Communications (WagNet) Castlewood PI Station Land Purchase (170K total split with WWC) 3 Sidedd Storage Shed (80K total split with WWC) Mainline Replacement Meter Replacement F 150 Service Truck (replacement) Hydraulic trench shoring jacks Excavator Buckets Gate Truck Upgrades Boring Tool Trench Backfill Boxes Tremblee GPS Units 20, ,000 25,000 20, ,000 16, ,000 85,000 40, , ,000 25,000 6,500 6,000 10,000 7,000 7,000 20,000 1,382,500 Remaining 20, ,000 25,000 20, ,000 16, ,000 85,000 40, , ,000 25,000 6,500 6,000 10, ,000 20,000 1,375,671 Unbudgetedd : Encumbrance es requested from FYE 2014: Hankins Tank (JUB) Avail. Funds 82,148 82,148 Remaining 82,148 82,148 Cash Reserves and Investments Cash and Investments in Reserve Bond Proceeds for Arsenic Chobani DrawDown in transitt on Chobani Project 2 Months Operating Accumulated Funds for early payoff of Arsenic Compliancee Debt ed Cap.Projs for FY 2015 Unbudgeted Expense (reduces avail. for capital projects) Encumbrances Water Storage Tank contribution Debt & Bond Covenant Required Reserve October ,746 2,757,283 1,375,671 82,148 1,599,141 2,809,712 10,330, ,330,281 (9,561,701) 768,580 Water Fund Revenues 2 Months Operating Debt & Bond Covenant Required Reserve Accumulated Funds for early payoff off Arsenic Compliance Debt ed Capital Projects for FY 2014 (reduced by unbudgeted) Encumbrances Water Storage Tank contribution 768,580, 7% 937,746, 9% 1,599,141, 16% 2,809,712, 27% 82,148, 1% 1,375,671, 13% 2,757,283, 27% 4

5 City of Twin Falls, Idaho Monthly Financial and Economic Dashboard Reporting Period: October, 2014 Published: January, 2015 Sewer Fund Revenues Total Revenues Received for Fiscal Year 2015 Total

Creek Li ft Station UV Disinfection Project Dewatering (Belt Press) Project Aeration Basin Diffuser Replacement Influent Screen Replacement Dewateri ing Building WWTP Upgrades Phase 2 Expansion

5 5 City of Twin Falls, Idaho Monthly Financial and Economic Dashboard Reporting Period: October, 2014 Published: January, 2015 Sewer Fund Revenues Total Revenues Received for Fiscal Year 2015 Total Anticipated Revenues ed for Fiscal Year ,220 9,439,500 Expenses Total Expenses Made in Fiscal Year ,558 Chobani Project expenditures URA Funded to be funded by Revenue Bonds: Rock Creek Li ft Station UV Disinfection Project Dewatering (Belt Press) Project Aeration Basin Diffuser Replacement Influent Screen Replacement Dewateri ing Building WWTP Upgrades Phase 2 Expansion (Funded by Bond Proceeds) Dewatering 3rd Belt Press Add. Total expenditures net of above projects 661,558 Total Anticipated Operations ed forr Fiscal Year 2015 Total Anticipated Debt ed for Fiscall Year 2015 Total Anticipated Capital ed for Fiscal Year ,794,075 3,482, ,000 Land Purchase (170K total split with WD) 3 Sided Storage Shed (80K total split with WD) Mainline Replacement New 6 cy/6 Wheel Dump Truck (replacement) 3 new Jet Nozzles Trench Box Annual Capital Maintenance OMI Auger Falls Wetlands Instrumentati on & Control TSS Wetlands Instrumentation & Control 85,000 40, ,000 80,000 18,000 12, ,000 60,000 50, ,000 Remainingg 85,000 40, ,000 80,000 7,055 12, ,000 60,000 50, ,055 Unbudgeted: Encumbrances requested from FYE 2014: Stockyard Sewer Replacement Overlay new plantmix pavement Sewer Camera Con Agra Sludge Tank Replacement 86,993 72, , ,272 86, , ,772 Cash Reserves and Investments Cash and Investments in Reserve Chobani DrawDown in transitt on Chobani Project 2 Months Operating 799,012 Sewer Capacity Fees 3,274,250 Bond Proceeds ( 8,006, less bond projects expenditurestodate) 416,070 Bond Proceeds ( 39,529, less bond projects expenditurestodate 33,408,286 ed Capital Projects for FY 2015 (on hold pending rev. to proceed) Less unbudgetedd (reduces available budget for capital projects) Encumbrance requests 2014 to 2015 Debt & Bond Covenant Required Reserve (1,363,582 pending rev.) October ,772 2,118,675 Sewer Fund Reserves 2 Months Operating Sewer Capacity Fees Bond Proceeds Debt & Bond Covenant Required Reserve (1,363,582 pending rev.) Encumbrance requests 2014 to 2015 Available Reserve Balance 33,824,356, 84% 40,377,064 40,377,064 (40,377,064) (0) 3,274,250, 8% 799,012, 2% (0), 0% 360,772, 1% 2,118,675, 5% 5

6 6 3.3% 726, , % 779, % 3.0% 572, % 3.4% 610, % 3.3% 615, % General Fund Revenue YTD Collections Compared to Annual 19,216,623 18,067,458 18,403,098 18,416,864 18,325,032 General Fund Collected thru Oct 31 General Fund Annual General Fund Actual Revenues 22,023,645 21,683,024 22,480,780 22,830,568 General Fund Revenues What we are seeing: General Fund revenues are at 3.3% of budget 8.3% through the year. This is typical, as the General Fund is heavily supported by property tax dollars, and the 1st of 2 payments won t be received until January Total building dept. revenues are at 12.5% of budget. Building permit revenue is at 10.0% of budget while electrical, plumbing & mechanical permits are at 19.0%. What we are projecting: The City will be monitoring revenue sources closely, and will be making necessary adjustments to spending if warranted. 5,000,000 10,000,000 15,000,000 20,000,000 25,000, % 1,558,218 1,558, % 1,713, % 1,359, % 5.3% 1,295, % 6.4% 1,171, % General Fund YTD Compared to Annual 16,621,037 19,148,453 18,416,864 20,433,129 22,023,645 24,553,355 23,425,627 Gen. Fund Expended thru Oct 31 Gen. Fund Annual Gen. Fund Actual 29,253,697 28,268,336 General Fund General Fund is 7.1% spent 8.3% through the year. The prior 4 yr. average for this same time of year is 6.1%. The City regularly monitors spending. Monthly reviews, comparing budgeted to actual expenditures, are conducted to identify unusual deviations from where the City anticipates that it should be in the annual cycle. The General fund is the largest fund within the City. It includes police and fire protection as well as department support services. 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 30,000,000 35,000,000 General Fund General Fund Collected thru Oct 31 General Fund Expended thru Oct 31 Current General Fund Revenues and 214.5% 219.9% 237.4% 212.2% 190.3% 726, , , , ,877 1,171,963 1,295,807 1,359,395 1,558,218 1,713,392 What we are seeing: For October, the City s General Fund revenues are behind expenditures. This is typical for the General Fund, which is heavily supported by property tax dollars (64.7%). The first payment won t be received until January The City has reserves (IE: savings account) to fund operating expenditures for the first 4 months of the fiscal year until we receive the property tax revenue. The City will continue to closely monitor revenues, update projections and adjust spending as necessary for the fiscal year. 200, , , ,000 1,000,000 1,200,000 1,400,000 1,600,000 1,800,000 6

7 7 Street Fund Revenue YTD Collections Compared to Annual Street Fund Collected thru Oct 31 Street Fund Annual Street Fund Actual Revenues Street Fund Revenues 14.1% 13.3% 10.6% 10.2% 11.6% 10.9% 705, , , , ,633 4,989,598 5,504,612 5,441,380 5,092,183 5,415,976 6,056,693 6,275,519 Street Fund revenues are at 14.1% of budget 8.3% through the year. Property taxes, highway user revenue and road & bridge tax account for 72.2% of the Street Fund s budgeted revenues. The City won t receive property tax dollars until January The previous 4 year average at this point in the fiscal year is 12.0%. 12.3% 12.2% 606,664 4,943,257 4,959,393 1,380,000 2,760,000 4,140,000 5,520,000 6,900, % 222,640 Street Fund YTD Compared to Annual Street Fund Expended thru Oct 31 4,989,598 Street Fund Annual Street Fund Actual Street Fund Street Fund is 4.5% spent 8.3% through the fiscal year. The previous 4 year average is 5.3% through October. 222, % 207, % 376, % 3.2% 188, % 4,515,238 5,634,113 5,842,183 6,106,838 6,768,671 6,616,693 What this means: The Street Funds expenditures for the current year do not include as many major construction projects as have been budgeted in previous years. Street expenditures typically accelerate during summer months when the temperature is compatible with laying asphalt and seal coating. 9.1% 8.9% 447,687 4,943,257 5,022,913 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000 Street Fund (with 5 Year Comparisons) Street Fund Collected thru Oct 31 Street Fund Expended thru Oct % 28.4% 58.7% 222, , , , , ,885 Current Street Fund Revenues and Street Fund has more revenues than expenditures at this time of year. This is typically the case. 32.0% 188, , % 447, , , , , , , , , ,000 7

8 6.5% 6.3% 9.7% 8.0% 7.5% 8.8% 8.4% % 11.1% 84, , , , , ,681 Airport Fund Revenue YTD Collections Compared to Annual Airport Fund Collected thru Oct 31 1,196,011 1,147,381 1,203,677 1,291,950 Airport Fund Annual Airport Fund Actual Revenues 1,316,867 1,346,539 1,370,889 1,461, , , ,000 1,280,000 1,600,000 1,570,744 Airport Fund Revenues previous 4 year average of actual revenues receipted this time of year is 8.6%. For fiscal 2015, the YTD receipts are 12.1% of budgeted revenues. Landing fees, terminal rentals, concessions, ARFF fees, and franchises make up 37.7% of the budgeted revenue in the Airport Fund. The City has received 23.8% of this revenue 8.3% through the year. Hanger rentals for the fiscal year are billed at the beginning of the year and accelerated that portion of airport revenues. The Airport Fund is supported with property tax dollars from the City and matching revenue from the County. These revenues make up over 55.7% of total budgeted revenues. Airport Fund YTD Compared to Annual Airport Fund Expended thru Oct 31 Airport Fund Annual Airport Fund 7.4% 5.3% 4.7% 4.9% 5.2% 5.4% 97,244 97,244 77,580 64,695 73,046 Airport Fund Actual 1,316,867 1,466,197 1,434,316 1,372,179 1,316,305 1,416,766 1,359,334 current year to date expenditures at the Airport are 7.4% of budget, and are above the previous 4 year average of 5.4%. The budget for 2015 has few capital expenditures projects planned from this fund. This funds expenditures cover maintenance and operation expenses. Generally capital expenditures for Airport projects are accounted for in a separate fund. 6.3% 6.8% 72,096 1,147,381 1,066, , , , ,000 1,000,000 1,200,000 1,400,000 1,600,000 Airport Fund (with 5 Year Comparions) Airport Fund Collected thru Oct 31 Airport Fund Expended thru Oct 31 Current Airport Fund Revenues and 61.1% 92.0% 48.8% 64,695 84,345 77,580 97, , ,095 City currently has more revenue than expenditures in the Airport Fund. The excess over historical differences appears to be timing of receipting and expenditure of funds and will be analyzed as the year progresses. 62.2% 73, , % 72, ,787 20,000 40,000 60,000 80, , , , , ,000 8

9 9 13.7% 412, % 16.1% 17.7% 412, % 375, % 364, % 322, % 321,908 1,805,673 1,975,525 1,866,003 1,624,330 2,003,582 1,814,337 2,410,037 Capital Improvement Fund Revenue YTD Collections Compared to Annual (with 5 year Comparison) 3,001,309 CI Fund Collected thru Oct 31 CI Fund Annual CI Fund Actual Revenues 10,930,485 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 Capital Improvement/Special Project Fund Revenues previous 4 year average of actual receipts in the CI Fund 1 month into the year is 18.2%. The City is currently at 13.7%. The revenue to budget is lower this year than the average because this year the fund had budgeted two sources of revenue, federal grants and impact fees, which will not be received. An anticipated grant was not awarded and the expenditures will not be made. In the past a large part of the Capital Improvement Fund is funded with property tax dollars. However, this year most of the revenue will come from the State distribution. 0.6% 18,925 18, % 6.0% 15.3% 21.0% 0.5% 9, % 4.1% 66, % 270, ,865 1,050,531 Capital Improvement Fund YTD Compared to Annual CI Fund Expended thru Oct 31 1,322,536 1,624,330 1,810,955 2,024,743 1,888,071 3,001,309 CI Fund Annual CI Fund Actual 4,536,153 5,317, ,000 1,600,000 2,400,000 3,200,000 4,000,000 4,800,000 5,600,000 Capital Improvement/Special Project Fund 4 year average of actual expenditures this time of year is 6.2% of budget. We are currently at.6%. There is some degree of control over the timing of expenditures in the Capital Improvement Fund. Many of the current months expenditures were actually for budgeted and approved items in the previous year that have been encumbered and disbursed in this fiscal year. Fund expenditures are typically for the City s long term needs. The City is taking a conservative approach to expenditures within the fund, meeting critical capital needs. 4.6% 18, % Capital Improvement Fund (with 5 Year Comparisons) 270,872 CI Fund Collected thru Oct 31 CI Fund Expended thru Oct , ,933 Current Capital Impr Revenues and What we are seeing: Revenues are ahead of expenditures in the capital improvement fund. This has been typical, as displayed in the graph at the left. 76.2% 3.0% 9, , , ,506 What this means: The situation with excess revenues in the fund is a result of a cautious approach to budgeted expenditures and delaying purchases until necessary. 20.5% 66, ,908 50, , , , , , , , ,000 9

10 10 Water Fund Revenue YTD Collections Compared to Annual Water Fund Collected thru Oct 31 Water Fund Annual Water Fund Actual Revenues Water Fund Revenues 9.4% 9.4% 8.9% 10.1% 9.2% 10.0% 9.4% 940, , , , ,205 9,101,223 9,004,306 9,573,212 9,968,070 9,602,497 10,196,514 10,064,134 previous 4 year average of revenue for the month of October is 9.7%. We are currently also at 9.4%. What this means: The City will closely monitor water user revenue to ensure we are able to meet all bond covenants in relation to the bond issuance in previous years. 9.3% 9.6% 822,931 8,814,645 8,580,370 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 Water Fund YTD Compared to Annual Water Fund Expended thru Oct 31 Water Fund Annual Water Fund Actual Water Fund 3.4% 333, , % 364, % 34.3% 1.8% 189, % 4,166,386 9,818,688 9,581,908 9,712,222 10,479,360 10,519,288 12,806,744 12,135,499 historical average is 2.4% of budget for this time of year. That excludes the year which is skewed because of an early pay off of debt. For, we are at 3.4%. Water Supply 1.8% spent YTD PI 2.6% spent YTD Water Distribution 4.0% spent YTD Utility Billing 6.3% spent YTD 2.0% 446, % 18,512,367 22,029,202 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 Water Fund (with 5 Year Comparisons) Water Fund Collected thru Oct 31 Water Fund Expended thru Oct % 40.3% 451.8% 333, , , , ,216 4,166,386 Current Water Revenues and What we are seeing: Currently, the Water Fund has received more than expended. This is typical for this time of the year when the City is heading into the winter months and landscaping irrigation is down. 21.0% 189, , % 446, , ,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000 10

11 11 Wastewater Fund Revenue YTD Collections Compared to Annual Wastewater Fund Collected thru Oct 31 Wastewater Fund Annual 9.6% 908, , % 703, % 576, % 9,439,500 10,140,321 11,123,880 7,330,492 8,278,423 Wastewater Fund Actual Revenues Wastewater Fund Revenues Wastewater Fund is at 9.6% one month, or 8.3%, into the fiscal year. The prior 4 year average of actual revenue for October is 6.7%. The City will closely monitor revenues variances in this fund, and adjust expenditures accordingly. 4.2% 551, % 13,007,599 13,455, % 494, % 6,352,023 5,769,487 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 14,000,000 16,000, % 661, , % 936, % 34.4% 3.6% 464, % 5,632,615 Wastewater Fund YTD Compared to Annual Wastewater Fund Expended thru Oct 31 9,096,332 12,136,331 13,007,598 16,162,016 16,355,516 18,684,419 Wastewater Fund Annual Wastewater Fund Actual Expend 20,122,358 Wastewater Fund What we are seeing and projecting: in this fund are at 7.3% of budget for the year. The historical average is 4.5% of budget for this time of year. That average excludes the fiscal year, which is skewed because of an early pay off of debt. This year is a little bit higher than the historical average because two monthly payments were made for professional services at the treatment plant. Also some reimbursable expenditures did not receive that reimbursement. These timing issues should be eliminated next month % 338, % 6,326,531 5,622,276 Collection 8.6% spent to date. Treatment 7.7% spent to date. 5,000,000 10,000,000 15,000,000 20,000,000 25,000,000 Wastewater Fund (with 5 Year Comparisons) Wastewater Fund Collected thru Oct 31 Wastewater Fund Expended thru Oct % 908, ,558 Current Wastewater Revenues and 133.2% 976.4% 703, , ,863 5,632,615 What we are seeing: The Wastewater fund has more revenues at this time of year than expenditures which is typical. As the year progresses this gap should narrow. 84.1% 551, , % 338, ,067 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 11

Issued. Revenues to. Revenues) STREET FUND. Revenues to. Revenues) WATER FUND. Revenues to. Revenues to. Budget Revenues to. Budget Revenues to

Issued. Revenues to. Revenues) STREET FUND. Revenues to. Revenues) WATER FUND. Revenues to. Revenues to. Budget Revenues to. Budget Revenues to SEPTEMBER OU UR CASH Balances as of September 30, 2014 GENERAL FUND CASH & INVESTMENTS Sep 2014 Avg. Sep FY 201012 STREETT FUND CASH & INVESTMENTS Sep 2014 Avg. Sep FY 201012 CAPITAL FUND CASH & INVESTMENTS