ADDITIONAL & BACKGROUND INFORMATION. Page 3

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1 COUNCIL BUDGET STAFF REPORT CITY COUNCIL of SALT LAKE CITY council.slcgov.com/budget TO: City Council Members FROM: Lehua Weaver Budget & Policy Analyst DATE: May 3, 2013 at 1:23 PM Project Timeline: Informational Briefing: May 7, 2013 No further action unless the Council makes a request. RE: FY Budget Metropolitan Water District of Salt Lake & Sandy ISSUE AT-A-GLANCE The Metropolitan Water District of Salt Lake & Sandy (the District ) was created in 1935 by the voters of Salt Lake City in order to provide for additional water management and treatment options from sources in the Salt Lake Valley. (For more history, see Attachment 3.) The Council reviews the District budget, but does not formally adopt it. The District s budget is funded primarily through the collection of property taxes from Salt Lake and Sandy City residents, water sales from the Cities and other surplus customers, and capital assessments from each City to pay the debt service on master planned capital improvements. The proposed budget includes: Rate increase of 3% to the price charged for water sales (no property tax increase proposed) Increase to cash reserves 3% salary increases for employees POLICY QUESTIONS 1. Future revenues The three largest sources for the District s revenues are property taxes, water sales, and capital assessments. Several years ago, State Code was changed to require that property tax increases be approved by elected bodies meaning that either the District Board Members would need to be elected to their positions or that the Councils of the District member cities would vote on proposed tax increases. In response to changes to State Code, and in projections for future revenues, the District does not plan to consider property tax increases. Given that the amount received through the CITY COUNCIL OF SALT LAKE CITY 451 SOUTH STATE STREET, ROOM 304 P.O. BOX , SALT LAKE CITY, UTAH COUNCIL.SLCGOV.COM TEL FAX KYLE LAMALFA DISTRICT 2 COUNCIL CHAIR JILL REMINGTON LOVE DISTRICT 5 COUNCIL VICE CHAIR CARLTON CHRISTENSEN DISTRICT 1 STAN PENFOLD DISTRICT 3 LUKE GARROTT DISTRICT 4 CHARLIE LUKE DISTRICT 6 SØREN SIMONSEN DISTRICT 7

2 capital assessments is fixed (by Interlocal Agreement), this would leave the rate for water sales to be the only variable revenue source. Rate increases in the next three years will be over 10% per year. As the District s water rates increase to cover their variable expenses, it has a direct impact on the City s water utility operating expenses. a. The District s General Manager and Board Members have spent a considerable amount of time weighing these options and might share more information with the Council on the benefits to relying on water sales. b. At a price of $232 per acre foot of treated water (proposed District rate), what is the point at which it is cheaper for the City to treat its own water for delivery? c. What are the District s options to expand the sale of water to non-member cities? (The proposed budget includes an increase for , but does not project beyond that.) d. Does the Council have any policy feedback on the revenue options? Additional Information: Historically, property taxes have represented roughly 25% of the District s total revenues; water sales hover around 38-40% of revenues, and the capital assessment, which is the same dollar amount each year, is almost exactly 33% of revenues. (Other miscellaneous revenues make up the rest.) The District s taxing authority does not include the unincorporated areas of Salt Lake County that are customers of Salt Lake City Public Utilities, which means that although those unincorporated County customers benefit from the District, they do not contribute through property taxes, only through water bills paid to the City. (This is one reason for the different County water rate.) 2. Cash reserves - Similar to the City, the District maintains cash reserves as contingency, in the event of an emergency, to spend toward capital projects, and to maintain a favorable bond rating. The total of all reserve accounts is $29,928,595. This includes reserves for capital projects, self-insurance, and unassigned reserves. This dollar amount for cash reserves represents nearly a full year of the District s total operating & maintenance expenses plus debt service. a. The District s General Manager and Board Members routinely evaluate the appropriate cash reserve levels and could share information on those discussions. b. Given the District s outstanding bond debt (total: $293, 344,403) does the Council have feedback on an appropriate cash reserve level? Additional Information: By way of comparison, the City aims to maintain 10% of annual revenues, the Department of Public Utilities minimum allowed balance is 10% (although it historically has been much higher than that), and the City s Refuse Fund aims to maintain 3-months or closer to 25% of annual operating expenses. The District s 5-year projection shows reserve funds will decrease to $14,316,920 by despite more aggressive rate increases in the next three fiscal years. (Compared to the $29.9 Page 2

3 million, $14.3 million would cover almost 6-months of operating & maintenance, and debt service. Or a full year of just operating & maintenance expenses.) ADDITIONAL & BACKGROUND INFORMATION The following items are key budget changes: 1. Key Revenue Changes: a. Water rate increase of 3% and the District plans for higher rate increases in the next three fiscal years 12%, 11%, and 10%. Based on previous projections, the Department of Public Utilities had anticipated 3% rate increase in following years. The additional effect of the higher-than-expected rate increases on the Public Utilities budget will be an additional $1.3 million each of those years. b. Increase of water sales to non-member cities will increase revenues by approximately $520,000. c. Switch from a peak / non-peak season water rate to a flat rate year-round. The District had implemented the peak / non-peak rates four years ago to encourage customers to utilize water supply even in the winter and spread demand and pressure across different water sources. Although this was successful for winter usage, the high summer or peak rate - also dissuaded usage during the summer placing additional burden on groundwater sources. 2. Key Expense Changes: a. Personnel the budget includes a salary increase of 3% for District employees (increase of $111,748), in addition to retirement and health coverage cost. The amount proposed by the District for salary increases is higher than what Salt Lake City will be considering this year. Although the District reviews and carefully considers many factors, it is notable that the District may receive more than at least one of its member cities. The Council may wish to provide feedback on this issue to the District representatives. i. As a reminder, the District pays 100% of the premiums on medical and dental coverage for each employee. (Total expense of $1,060,398) ii. A Health Savings Account, life insurance, disability coverage, tuition aid, and retirement programs with matching options are also provided. (Total expense of $800,716) b. $346,917 increase in the amount of assessments paid to the Provo River Water Users Association (PRWUA) and Central Utah Project (CUP) toward their operating and maintenance expenses. 3. Key Capital Changes: a. Terminal Reservoir Replacement reduction to capital expense budget of $5.8 million i. Located at 3300 South and I-215, the Terminal Reservoir replacement is a multiyear, $42.2 million project. The reservoir is nearly 60 years old. Page 3

4 ii. In , the budget included $13 million for the project and in , $7.2 million is budgeted. b. To fund the next phase of the Terminal Reservoir replacement project, the District will issue the second bond related to the project in the Spring of 2014 for $14.4 million. 4. Salt Lake City s Contributions a snapshot: As a member city, Salt Lake City directly contributes approximately $24.1 million annually toward the Metropolitan Water District Budget. This budgetary relationship is similar for Sandy City; however, their assessments and purchases are proportionately less, due to their smaller population size and cost allocations based on cost of service. These payments include: a. $ 7,021,892 An annual assessment to pay for master planned capital projects included in the Public Utilities Department Budget each year (through 2035). b. $10,735,800 Anticipated annual wholesale water purchase from the District for re-sale through the Public Utilities water service. It is included in the Public Utilities Department Budget. This represents a 3% rate increase. (Actual sales to Salt Lake City depend each year based on temperatures and other City factors.) c. $ 6,404,818 Property taxes assessed to Salt Lake City residents. (Not including fees in lieu of taxes, or prior year tax revenues.) ATTACHMENTS: Attachment 1 Department Metrics/Measurements Attachment 2 Summary Comparison Budget Chart Attachment 3 History of the District Attachment 4 System Map Page 4

5 ATTACHMENT 1 DEPARTMENT MEASUREMENTS Similar to the Department of Public Utilities, the District has several existing measurements relating to water quality, employee safety, and conservation. As provided by the District, following are some measurements of the District s success. 1. Water Quality Challenge Incentive Program: a. Turbidity: i. Achieving goal for settled water turbidity (a measure of the clarity of water) to be less than 1.0 NTU (nephelometric turbidity units). ii. Achieving goal for treated water turbidity of less than 0.1 NTU 95% of the time. The regulatory standard is a turbidity of less than 0.3 NTU 95% of the time. b. Bacteriological: 100% compliance with Total Coliform Rule regulations. c. Disinfection byproducts (DBPs) (includes total organic carbon (TOC) removal, CT (disinfection contact time), Chlorine residual, and DBPs): 100% compliance with DBP rules. d. Discharge to natural streams: 100% compliance with National Pollutant Discharge Elimination System (NPDES) rules. e. No customer complaints (member cities or the public). 2. Safety Incentive Award Program: Goal of no lost time injuries last injury-related absence was February 2, Employees are rewarded every six months if no lost time injuries occur. 3. Water supply: a. Conserve 25% by 2025 (based on per capita use in the year 2000). b. Currently, reductions achieved are more than 21%. c. Goal to have 25,000 acre feet of Provo River Project holdover water available at the end of each water year (October 31). Page 5

6 ATTACHMENT 2 SUMMARY OF BUDGET CHANGES Metropolitan Water District of Salt Lake & Sandy Proposed Budget for FY Percent Adopted Proposed Difference Change Revenue Sources Water sales $14,195,158 $15,639,373 1,444, % Property Tax revenue 9,273,091 9,273, % Interest revenue 244, ,955 (93,513) -38.3% Lab fees, power and miscellaneous 24,555 47,686 23, % Vehicle sales 8,000 8, % Assessments 12,115,073 12,120,254 5, % Total Revenue Sources $35,860,345 $37,239,359 1,379, % Uses of Funds Operations Salaries, wages & benefits $5,863,564 $6,096, , % Professional & contractual 2,257,314 2,122,997 (134,317) -6.0% services Utilities 1,471,343 1,487,774 16, % Repairs & maintenance 391, ,945 (26,391) -6.7% Chemicals & supplies 1,779,662 1,721,031 (58,631) -3.3% Property & liability insurance 510, ,210 40, % Other expenses 176, ,336 (44,088) -25.0% Operating Expenses $ 12,449,799 $ 12,475,379 25, % Water Assessments 1,122,059 1,468, , % Debt service (principal only) 5,780,000 6,045, , % Interest expense 11,828,869 11,775,369 (53,500) -0.5% Capital improvements & 20,776,487 13,978,694 (6,797,793) -32.7% Equipment Total uses of funds $ 51,957,214 $ 45,743,418 (6,213,796) -12.0% Page 6

7 ATTACHMENT 3 HISTORY OF THE DISTRICT In 1935, the voters of Salt Lake City created the Metropolitan Water District in order to enter into long-term agreements to build the Provo River Project including Deer Creek Reservoir and the Salt Lake Aqueduct. The Bureau of Reclamation built the project, and it was necessary to enter into repayment contracts to reimburse the federal government for the construction costs plus interest. The Metropolitan Water District is a 61.7% owner of the Provo River Water Users Association (the operating entity of the Deer Creek Division of the Provo River Project). The Metropolitan Water District is the sole owner of the Salt Lake Aqueduct. The water rights for the Provo River Project consist of water from the Provo River and water diverted from the Duchesne and Weber Rivers conveyed through a tunnel and canal system from the two basins to the Provo River for use by the Metropolitan Water District and others. In order to reimburse the Federal Government for the cost of the Provo River Project (including Deer Creek Reservoir and the Salt Lake Aqueduct), the residents of Salt Lake City have paid property taxes since The District is a participant in the Central Utah Project having petitions for combined water supplies of 25,600 acre feet from Jordanelle and Strawberry reservoirs. The Metropolitan Water District was a local sponsor for the construction of Little Dell Reservoir. (A map of the District system and facilities is attached.) In 1990, Sandy City became the second member of the District. Sandy City sought membership in the District to treat its approximately 34 percent water right in Little Cottonwood Creek. Sandy City s annexation into the District increased efficiencies by consolidating water supplies and delivery systems to most of eastern Salt Lake County. As part of the agreement, the District receives water purchase revenue and ad valorem tax revenue from Sandy City. Furthermore, as a part of the annexation Salt Lake City acquired additional water rights in Little Dell Reservoir and $4 million in water transmission mains installed on the City s west side. Also, the 1990 agreement admitting Sandy City established conjunctive water management practices among Salt Lake City, Sandy City, Jordan Valley Water Conservancy District and the Metropolitan Water District. In 1998, the Metropolitan Water District updated its capital improvement master plan and identified more than $250 million in improvements and expansion of water system capacity. In 2001, the District entered into an Interlocal Agreement with Sandy and Salt Lake City for implementation of the master plan. The major project constructed under the master plan was a new water treatment plant near the Point of the Mountain in the Draper area. The master plan improves redundancy in the event of a water treatment plant or aqueduct failure. Improvements include pipeline connections between the Little Cottonwood Water Treatment Plant, the Jordan Valley Water Treatment Plant, and the Point of the Mountain Water Treatment Plant. This allows flexibilities in shifting water between major north-south pipelines. The Metropolitan Water District continues to implement an asset management program. Replacement of the Salt Lake Aqueduct Terminal Reservoir is ongoing at this time. Other system components are evaluated on an ongoing (quarterly) basis to determine the need and timing of upcoming projects. The extensive water treatment and delivery functions allow the District to provide water to both member cities through purchase agreements, and sales to other entities, as water is available. The District s Board is made up of two members appointed by the Sandy City Council and five members appointed by the Salt Lake City Council. Legislative Changes During the 2010 Legislative Session, a bill was adopted that changed certain provisions for Local Districts, including metropolitan water districts. The most significant change was to shift the authority for tax increase approval to elected officials. For the District, this presents two options: approval by the member cities governing bodies or transitioning the District appointed board positions to elected positions. The change takes effect in May 2014 for and future budgets. If the District proposes a property tax increase, both Sandy City and Salt Lake City Councils must vote to approve the increase. Page 7

8 Provo River Project Watersheds and Upper Basin Collection System GREAT SALT LAKE Olmsted Diversion 80 Salt Lake City 80 Little Dell Dam Terminal Reservoir nty ou ou nty Jordan River 16 Terminal Reservoir REDWOOD ROAD 7800 South Wasatch Blvd 15 STATE STREET 5400 South on any Big Fort Union Blvd 11 dc woo ton Cot Little Cottonwood Water Treatment Plant Wasa tch DESIGN CAPACITY: 143 MGD Count y 10 9 Little Cottonwood Canyon un ty 8 ty un 7 DESIGN CAPACITY: North to South (Gravity) MGD South to North (Pumped) - 80 MGD FACILITIES: (1) 60-inch Welded Steel Pipe (2) 12 Miles in Length Draper Point of the Mountain Water Treatment Plant 4 Jordan Valley Water Treatment Plant DESIGN CAPACITY: 180 MGD 2/7 MWDSLS 51 MGD 5 DESIGN CAPACITY: 70 MGD 6 92 ver Prov 1 Provo Reservoir Canal Deer Creek Powerhouse Jordan Aqueduct Reach No. 4 DESIGN CAPACITY: 5 MW FACILITIES: (1) 2-2,475 kw Generators DESIGN CAPACITY: 270 CFS (175 MGD) FACILITIES: (1) 72-inch & 66-inch Welded Steel Pipe Olmsted Siphon JORDAN NARROWS TURBINE & PUMPING PLANT 7 ALPINE DRAPER TUNNEL (Salt Lake Aqueduct) 8 MURRAY POWER PLANT INTAKE 9 LITTLE COTTONWOOD & BELL CANYON CREEK INTAKE Murdock Diversion 800 North Provo Reservoir Canal System DESIGN CAPACITY: 626 CFS Maximum 187 CFS MWDSLS FACILITIES: (1) 21.5 miles of 126-inch diameter welded steel pipe (2) 4 Siphons 3 52 Orem ou nt y y nt 3 OLMSTED TUNNEL & SIPHON 4 POINT OF THE MOUNTAIN AQUEDUCT UNTREATED WATER INTAKE 5 JORDAN NARROWS INTAKE & SIPHON DESIGN CAPACITY: 769 CFS Total 135 CFS MWDSLS (17.6%) FACILITIES: (1) 4 Vertical Propeller 200 CFS Each (2) 1400 HP Total C ou 68 2 Utah Lake Pump Station ov r P ch C or at h ta r ive W as U 1 DEER CREEK DAM 2 MURDOCK DIVERSION Jordan River Jacob Canal DESIGN CAPACITY: 270 CFS (175 MGD) FACILITIES: (1) 78-inch Pipe Facilities Heber 74 Jordan Aqueduct Reach No. 1 MWDSLS SERVICE AREA o Ri ah Point of the Mountain Aqueduct (Treated Water) Point of the Mountain Aqueduct (Untreated Water) DESIGN CAPACITY: 151 MGD FACILITIES: (1) 84-inch Pipe (2) 2.5 Miles in Length DESIGN CAPACITY: 152,564 AC-FT 149,700 AC-FT Active Pool 2,864 AC-FT Dead Pool 49,700 AC-FT Carry Over 100,000 Association Shares Normal year yield to MWDSLS is 61,700 AC-FT FACILITIES: (1) Dam (2) Land Around Reservoir (3) Outlet Works and Spillway (4) Salt Lake Aqueduct Intake (MWDSLS Facility) RECREATION USE: Managed by Utah State Parks & Recreation OUTLET WORKS CAPACITY: 2 Tube Valves SPILLWAY CAPACITY: 12,000 CFS Bureau of Reclamation Facility (Provo River Project) Operated by Provo River Water Users Association South Deer Creek Dan & Reservoir Ut Sa lt Welby Canal Sandy City Co La ke Co Jordan Aqueduct Reach No. 2 DESIGN CAPACITY: 33 MGD (Gravity) 84 MGD (POMA Sleeve Valves) 50% MWDSLS DESIGN CAPACITY: ,500 AC-FT 314,006 AC-FT Active Pool 3,026 AC-FT Dead Pool Normal year yield to MWDSLS is 20,000 AC-FT FACILITIES: (1) Dam (2) Land Around Reservoir (3) Outlet Works and Spillway RECREATION USE: Managed by Utah State Parks & Recreation OUTLET WORKS CAPACITY: 2,300 CFS Park City SPILLWAY CAPACITY: 5,510 CFS Bureau of Reclamation Facility (Central Utah Project) Operated by Central Utah Water Conservancy District DESIGN CAPACITY: 175 CFS (113 MGD) FACILITIES: (1) 69-inch Concrete Pipe (2) Alpine Tunnel (3) Various Welded Steel Siphons (4) 42 Miles Total Length (5) 33 Miles Untreated Water (6) 9 Miles Treated Water 4500 South South Pipeline Jordanelle Reservoir Salt Lake Aqueduct 215 DESIGN CAPACITY: 270 CFS (175 MGD) FACILITIES: (1) 78-inch Pipe C ke South DESIGN CAPACITY: 100 MG FACILITIES: 2/7 MWDSLS 28.6 MG La DESIGN CAPACITY: 40 MG FACILITIES: (1) Two 20 MG Concrete Reservoirs 80 it C mm 2100 South 80 Su Salt Lake City lt Sa DESIGN CAPACITY: 120 CFS (78 MGD) FACILITIES: (1) 48-inch Pipe Jordan River Jordan Aqueduct Reach No DESIGN CAPACITY: 20,500 AC-FT FACILITIES: (1) 224-foot High Dam (2) Outlet Spillway DESIGN CAPACITY: 550 CFS FACILITIES: (1) Diversion Dam Provo Provo River 10 LITTLE COTTONWOOD WATER TREATMENT PLANT MG RESERVOIR 12 TERMINAL RESERVOIR 13 POINT OF THE MOUNTAIN WATER TREATMENT PLANT 14 OLMSTED DIVERSION 15 JORDAN VALLEY WATER TREATMENT PLANT MG TERMINAL RESERVOIR 17 LITTLE DELL RESERVOIR 18 UTAH LAKE PUMP STATION UTAH LAKE P:\Metro Water District SLC\MWDSLC Master Plan PM\Graphics\Figures\Wall Display-System Facilities\4-2007_Wall Display\MWDSLS-System Facilities Wall Display cdr SYSTEM FACILITIES Metropolitan Water District of Salt Lake & Sandy

9 Metropolitan Water District of Salt Lake & Sandy Budget000001

10 Executive Summary Budget000002

11 Metropolitan Water District of Salt Lake & Sandy 3430 East Danish Road, Cottonwood Heights, UT Phone: Fax: April 24, 2013 This is an executive summary of the budget information for the Metropolitan Water District of Salt Lake & Sandy (the District ) for Fiscal Year The Operations and Maintenance (O&M) budget totals $26,180,466. This represents an overall increase from the prior budget year of 1.52%. Generally, O&M costs are stable with budget projections being based on 3-year averages. The District is experiencing significant cost increases related to the Central Utah Project (CUP) and the Provo River Project (PRP) water supplies. The annual allotment for the PRP is currently estimated to be 60% of normal. The operation plan anticipates utilization of Point of the Mountain Water Treatment Plant during summer months. The number of personnel will remain unchanged with a total of 67 positions. The compensation package includes increases for salary (3.0% merit-based), retirement, health insurance, and dental insurance. A new bond has been anticipated to finalize the Terminal Reservoir Replacement Project (TRRP). The bond amount is anticipated to be $14.4 million. The District s capital budget includes approximately $7.2 million for costs related to the TRRP and $525,000 for the replacement of the boiler system at Little Cottonwood Water Treatment Plant (LCWTP). The construction of the TRRP is underway and the project is anticipated to be complete in July 2016; on budget and two years ahead of schedule. The total project cost is $42.2 million. The TRRP will replace a 60-year old, 40 million gallon reservoir located at 3300 South and I-215. The boiler system at LCWTP will replace original equipment that is more than 50 years old. The total project cost is estimated to be $980,000 and the expenditure will spread over two fiscal years (FY 2014 and FY 2015). The budget maintains current tax revenues (no proposed increases to the certified tax rate) and reverts to a year round rate structure (no peak season rates). The total budgeted revenue is $37,239,359 and is based on a 3% rate increase for FY Future years will require more aggressive rate increases as outlined on the attached table. The District continues to carefully evaluate O&M efficiencies, timely implementation of capital improvement projects, and management of existing and anticipated debt service. Factors that are driving the rate increases include the need to maintain adequate debt service coverage, to provide at least 365 days of cash on hand in reserves, to support current bond ratings of AA+, and to keep pace with O&M and capital expenditures. The District has accomplished many significant capital projects in the past decade (Metro Water Project, title transfer of the Salt Lake Aqueduct, Provo Reservoir Canal Enclosure Project, Utah Lake Pump Station, TRRP, and others). In order to accomplish these important public projects, the District has entered into debt of approximately $300 million. The coming decades will not see the same magnitude of capital projects. The District will continue to seek efficiencies in managing O&M expenditures, capital improvements, and debt service costs. Michael L. Wilson, General Manager/Budget Officer Budget000003

12 Metropolitan Water District of Salt Lake & Sandy 3430 East Danish Road, Cottonwood Heights, UT Phone: Fax: Projected rate increases (10 years): Fiscal Year Rate increase % % % % % % % % % % Average 5.9% Budget000004

13 Metropolitan Water District of Salt Lake & Sandy Fiscal Year 2014 Operations and Maintenance Expenditures Summary Last Update: 4/8/2013 % Change Total Increase/ Budget Category Budget FY 2013 Budget FY 2014 from FY 2013 Budget (Decrease) from FY 2013 Budget Notes--Primary Reasons for Increases/Decreases Salaries and Wages $ 4,097,446 $ 4,191, % $ 93, % merit-based salary increase 2. Board member pay moved from "Salaries and Wages" to "Other Expenses" Employee Benefits $ 1,717,761 $ 1,861, % $ 143, Increased retirement contribution costs 2. Increased medical and dental insurance premium costs Employee Training $ 48,359 $ 43, % $ (4,642) 1. Decrease in General meetings and seminars budget Transportation $ 148,197 $ 141, % $ (6,401) 1. Decreases in Maintenance and Environmental Services business travel budgets Professional Services $ 2,257,314 $ 2,122, % $ (134,317) 1. Decrease in accounting services costs 2. Decrease in estimated JVWTP operations costs 3. Increase in continuing disclosure costs Utilities $ 1,471,343 $ 1,487, % $ 16, Electricity cost increase based on Rocky Mountain Power rate increase forecast 2. Radio communications site lease cost increases Repairs and Maintenance $ 391,336 $ 364, % $ (26,391) 1. Decrease in Maintenance machinery and equipment costs Chemicals and Supplies $ 1,779,662 $ 1,721, % $ (58,631) 1. Chemical contract cost savings through improved competitive process Other Expenses $ 23,559,430 $ 23,980, % $ 420, Increased property insurance premiums 2. Increased PRWUA and CUP O&M assessments 3. Board member pay moved from "Salaries and Wages" to "Other Expenses" 4. Little Cottonwood Canyon watershed study Total $ 35,470,848 $ 35,914, % $ 444,136 Total excluding personnel costs $ 29,655,641 $ 29,862, % $ 206,974 Total excluding interest $ 23,641,979 $ 24,139, % $ 497,636 Total excluding depreciation and amortization $ 25,787,654 $ 26,180, % $ 392,812 Total excluding personnel costs, interest, depreciation, and amortization $ 8,143,578 $ 8,352, % $ 209,150 Budget000005

14 Budget Budget000006

15 Metropolitan Water District of Salt Lake & Sandy Fiscal Year 2014 TOTAL DISTRICT OPERATIONS AND MAINTENANCE EXPENDITURES Last update: 04/24/13 Account Description Actual FY 2010 Actual FY 2011 Actual FY Year Average (FY ) Budget FY 2013 Actual 2/28/2013 % of Total Spent YTD FY 2013 % of Total Spent YTD 3-year average Projected Spend FY 2013 Projected Spend to Budget over/(under) for FY Salary & Wage Exp. 3,518,824 3,451,342 3,520,035 3,496,733 3,657,812 2,356, % 61.41% 3,603,617 (54,195) 3,767, % 5120 Overtime Premium 79,580 88,007 85,901 84,496 88,600 70, % 66.84% 99,973 11,373 91, % 5131 Sick Leave 60,607 12,230 6,579 26, N/A 0.00% N/A 5170 On Call Pay 16,135 16,118 16,489 16,247 18,165 10, % 62.49% 17,290 (875) 18, % 5190 Other 29,267 28,400 29,800 29,156 33,800 19, % 67.00% 30,763 (3,037) 5, % 5210 Payroll Taxes 277, , , , , , % 61.47% 292,983 (6,086) 309, % Salaries and Wages 3,981,565 3,874,283 3,946,480 3,934,109 4,097,446 2,647, % 4,044,626 (52,820) 4,191, % 5310 Retirement Plan 486, , , , , , % 67.59% 657,774 (20,931) 745, % 5320 Medical Insurance Premiums 809, , , , , , % 63.70% 989,104 2,656 1,060, % 5330 Tuition Aid Program 9,859 14,413 19,743 14,671 11,817 13, % 40.29% 20,216 8,399 14, % 5350 Insurance Premiums 35,263 33,167 32,660 33,697 40,791 22, % 61.43% 38,379 (2,412) 40, % Employee Benefits 1,341,367 1,432,775 1,486,015 1,420,052 1,717,761 1,104, % 1,705,473 (12,288) 1,861, % 5340 Meetings & Seminars 41,834 34,756 45,801 40,797 48,359 20, % 53.24% 42,500 (5,859) 43, % Employee Training 41,834 34,756 45,801 40,797 48,359 20, % 42,500 (5,859) 43, % 5410 Business Travel 71,703 65,433 70,443 69,193 81,800 36, % 65.26% 63,974 (17,826) 75, % 5430 Vehicle O & M 53,849 59,873 69,468 61,064 66,397 47, % 61.68% 71,954 5,557 66, % Transportation 125, , , , ,197 83, % 135,928 (12,269) 141, % 5510 Legal 333, , , , , , % 53.30% 357,199 57, , % 5520 Accounting 19,873 28,247 35,866 27,995 54,575 36, % 85.65% 44,443 (10,132) 35, % 5530 Contract Services 1,653,317 1,638,073 1,454,627 1,582,006 1,868, , % 52.56% 1,886,920 18,481 1,755, % 5540 Other 24,320 33,839 25,256 27,805 34,300 7, % 50.99% 24,812 (9,488) 32, % Professional Services 2,031,070 2,027,108 1,843,225 1,967,134 2,257,314 1,258, % 2,313,374 56,060 2,122, % 5610 Telephone 33,651 31,681 31,708 32,347 35,830 17, % 66.04% 30,009 (5,821) 33, % 5620 Electricity 840, , , ,507 1,113, , % 56.75% 1,127,903 14,878 1,130, % 5630 Natural Gas 197, , , , , , % 65.33% 304,814 14, , % 5640 Radio Communications 9,175 18,354 15,912 14,480 17,064 8, % 62.88% 14,654 (2,410) 19, % 5650 Water 6,633 6,772 14,886 9,431 15,060 14, % 51.75% 21,315 6,255 15, % Utilities 1,087,365 1,003,052 1,291,152 1,127,190 1,471, , % 1,498,695 27,352 1,487, % 5710 Bldgs & Grounds 19,509 6, ,437 46, ,945 4, % 9.57% 110,785 (5,160) 111, % 5720 Machinery & Equipment 236, , , , , , % 53.04% 252,583 (22,808) 253, % Repairs and Maintenance 256, , , , , , % 363,368 (27,968) 364, % 5810 General Supplies 19,733 21,847 17,443 19,675 24,102 12, % 55.15% 22,588 (1,514) 27, % 5820 Office Supplies 13,457 13,174 9,809 12,146 14,500 6, % 61.73% 12,428 (2,072) 12, % 5830 Materials 155, , , , , , % 62.51% 172,329 (18,816) 194, % 5840 Chemicals 1,381,131 1,265,755 1,403,779 1,350,222 1,444, , % 64.78% 1,478,813 34,016 1,381, % 5850 Computer & Instr. Supplies 109, ,966 98, , ,118 76, % 61.91% 116,234 11, , % Chemicals and Supplies 1,678,837 1,584,897 1,685,331 1,649,689 1,779,662 1,165, % 1,802,392 22,730 1,721, % 5901 General Insurance 514, , , , , , % 67.93% 502,643 (7,513) 550, % 5902 PRWUA/CUP Assessments 2,143, ,454 1,077,333 1,311,231 1,122,059 1,376, % % 1,386, ,923 1,468, % 5903 Water Stock Assessment 16,790 8, ,699 21, % 3.27% 20,683 (402) 21, % 5904 Rent Exp ,211 2,806 3,254 19,300 5, % 83.27% 6,854 (12,446) 15, % 5905 Miscellaneous 4,149 47,544 45,234 32,309 48,365 21, % 75.65% 41,097 (7,268) 70, % 5906 Postage & Freight Exp. 5,070 5,053 4,786 4,970 6,400 2, % 58.88% 5,779 (621) 4, % 5907 Contributions & Events 128, , , , ,992 84, % 38.72% 218,798 3, , % 5909 Depreciation Exp. 11,025,827 11,102,779 10,323,992 10,817,533 10,173,000 6,822, % 70.37% 10,228,784 55,784 10,195, % 5910 Interest Exp. 11,465,588 11,081,988 10,386,087 10,977,888 11,828,869 7,871, % 71.27% 11,807,164 (21,705) 11,775, % 5911 Laundry 9,900 12,044 9,647 10,530 14,684 5, % 81.00% 13,678 (1,006) 14, % 5913 Safety 24,606 28,660 32,561 28,609 31,860 9, % 47.47% 26,202 (5,658) 33, % 5914 Subscriptions & Publications 3,797 3,278 3,312 3,463 6,185 3, % 55.78% 6, , % 5915 Outside Printing - 2, , % 0.00% % 5916 Dues & Memberships 31,210 47,290 49,921 42,807 51,481 26, % 88.44% 32,784 (18,697) 51, % 5917 Amortization Exp. (82,180) (83,805) (195,374) (120,453) (489,806) (322,909) 65.93% 32.12% (489,806) - (460,742) -5.93% Other Expenses 25,292,352 23,686,789 22,412,319 23,797,155 23,559,430 16,245, % 23,808, ,289 23,980, % Total Expenses 35,836,386 34,051,890 33,239,488 34,375,925 35,470,848 23,542, % 35,715, ,227 35,914, % Excluding personnel costs 29,655,641 29,862, % Excluding interest 23,641,979 24,139, % Excluding depreciation and amortization 25,787,654 26,180, % Excluding personnel costs, interest, depreciation, and amortization 8,143,578 8,352, % Budget FY 2014 % Change from FY 2013 Budget Budget000007

16 Metropolitan Water District of Salt Lake & Sandy Fiscal Year 2014 ADMINISTRATIVE (10) Last Update: 04/24/13 Account Description Actual FY 2010 Actual FY 2011 Actual FY Year Average (FY ) Budget FY 2013 Actual 2/28/2013 % of Total Spent YTD FY 2013 % of Total Spent YTD 3-year average Projected Spend FY 2013 Projected Spend to Budget over/(under) for FY Salary & Wage Exp. 418, , , , , , % 61.88% 308,260 (12,734) 331, % 5120 Overtime N/A 44.59% N/A 5131 Sick Leave N/A 0.00% N/A 5170 On Call Pay N/A 0.00% N/A 5190 Other N/A 0.00% N/A 5210 Payroll Taxes 30,131 28,480 29,570 29,393 24,012 14, % 59.76% 22,733 (1,279) 24, % Salaries and Wages 448, , , , , , % 330,993 (14,013) 356, % 5310 Retirement Plan 57,569 61,934 59,933 59,812 54,740 36, % 67.45% 54,202 (538) 60, % 5320 Medical Insurance Premiums 76,154 64,568 71,946 70,889 66,436 43, % 62.90% 68,631 2,195 72, % 5330 Tuition Aid Program N/A 0.00% N/A 5350 Insurance Premiums 3,171 2,935 2,461 2,856 2,510 1, % 61.91% 2,349 (161) 2, % Employee Benefits 136, , , , ,686 81, % 125,182 1, , % 5340 Meetings & Seminars 6,995 8,569 10,140 8,568 9,260 6, % 68.01% 9, , % Employee Training 6,995 8,569 10,140 8,568 9,260 6, % 9, , % 5410 Business Travel 30,826 27,168 30,119 29,371 33,850 16, % 56.65% 30,855 (2,995) 34, % 5430 Vehicle O & M , % 55.39% % Transportation 30,949 27,602 31,899 30,150 34,072 16, % 31,098 (2,974) 34, % 5510 Legal 333, , , , , , % 53.30% 357,199 57, , % 5520 Accounting 19,873 28,247 35,866 27,995 54,575 36, % 85.65% 44,443 (10,132) 35, % 5530 Contract Services 22,775 29,767 31,866 28,136 81,400 27, % 66.57% 54,256 (27,144) 122, % 5540 Other (0) N/A 0.00% N/A Professional Services 376, , , , , , % 455,898 19, , % 5610 Telephone 1,601 1,627 1,873 1,700 1, % 63.44% 1,571 (209) 1, % 5620 Electricity N/A 0.00% N/A 5630 Natural Gas N/A 0.00% N/A 5640 Radio Communications N/A 0.00% N/A 5650 Water N/A 0.00% N/A Utilities 1,601 1,627 1,873 1,700 1, % 1,571 (209) 1, % 5710 Bldgs & Grounds N/A 0.00% N/A 5720 Machinery & Equipment N/A 0.00% N/A Repairs and Maintenance N/A N/A 5810 General Supplies , % 91.96% 148 (852) 4, % 5820 Office Supplies 13,457 13,174 9,809 12,146 14,500 6, % 61.73% 12,428 (2,072) 12, % 5830 Materials N/A 0.00% N/A 5840 Chemicals N/A 0.00% N/A 5850 Computer & Instr. Supplies N/A 0.00% N/A Chemicals and Supplies 13,489 14,147 9,897 12,510 15,500 6, % 12,576 (2,924) 16, % 5901 General Insurance N/A 0.00% N/A 5902 PRWUA/CUP Assessments N/A 0.00% N/A 5903 Water Stock Assessment N/A 0.00% N/A 5904 Rent Exp N/A 0.00% N/A 5905 Miscellaneous 18,766 29,274 29,863 25,968 32,365 11, % 58.94% 25,097 (7,268) 25, % 5906 Postage & Freight Exp. 4,054 4,406 3,760 4,073 4,200 2, % 58.56% 3,923 (277) 3, % 5907 Contributions and Events 19,293 28,738 20,151 22,728 20,000 20, % 97.13% 20, , % 5909 Depreciation Exp N/A 0.00% N/A 5910 Interest Exp N/A 0.00% N/A 5911 Laundry 1,027 4, ,974 4, % 25.14% 2,994 (1,006) 3, % 5913 Safety N/A 0.00% N/A 5914 Subscriptions & Publications 1,097 1,179 1,074 1, , % 66.85% 2,836 2,091 1, % 5915 Outside Printing N/A 0.00% N/A 5916 Dues & Memberships 1,460 1,868 1,732 1,687 1,735 1, % 98.52% 1, , % 5917 Amortization Expense N/A 0.00% N/A Other Expenses 45,787 69,966 57,265 57,674 63,045 38, % 57,372 (5,673) 54, % Total Expenses 1,060,494 1,070,603 1,050,799 1,060,631 1,028, , % 1,024,477 (3,847) 1,067, % Excluding personnel costs 559, , % Budget FY 2014 % Change from FY 2013 Budget Budget000008

17 Fiscal Year 2014 General Expenditures Worksheet Cost Center Name: Administrative (10) Last Update: 04/24/13 Account Number Account Name Description Submitted by: Units Quantity Unit Price Extended Amount 5110 Salary and Wage Expense Salary and wages (5 FTEs) Pay Period 26 $ 12,736 $ 331, Total $ 331, Payroll Taxes Employer Portion of Payroll Taxes Pay Period 26 $ 959 $ 24, Total $ 24, Retirement Plan URS (Utah Retirement Systems) Contribution and Employer Match Pay Period 26 $ 2,328 $ 60, Total $ 60, Medical Insurance Premiums Insurance premiums (Dental, Medical, and H.S.A. Contribution) Monthly 12 $ 6,064 $ 72, Total $ 72, Insurance Premiums AD&D, Basic Life, Long Term Disability, etc. Monthly 12 $ 209 $ 2, Total $ 2, Meetings & Seminars Accounting/Procurement/HR Training Annalee Munsey Each 6 $ 700 $ 4, Meetings & Seminars Meeting refreshments Annalee Munsey Each 12 $ 50 $ Meetings & Seminars Healthy Utah refreshments Annalee Munsey Each 12 $ 100 $ 1, Meetings & Seminars Utah Water Users Association summit sponsorship Annalee Munsey Each 1 $ 250 $ Meetings & Seminars Business Meetings Annalee Munsey Each 15 $ 100 $ 1, Meetings & Seminars Supervisory/Civility Training Annalee Munsey Each 2 $ 300 $ Meetings & Seminars Software Training Annalee Munsey Each 4 $ 200 $ Meetings & Seminars Kitchen supplies Annalee Munsey Monthly 12 $ 130 $ 1, Total $ 10, Business Travel AWWA Intermountain Section Annalee Munsey Each 4 $ 1,200 $ 4, Business Travel AWWA Annual Conference Annalee Munsey Each 4 $ 3,000 $ 12, Business Travel Utah Association of Special Districts Annalee Munsey Each 6 $ 300 $ 1, Business Travel National Water Resources Association Annual Conference Annalee Munsey Each 2 $ 2,000 $ 4, Business Travel Colorado River Water Users Association Annalee Munsey Each 2 $ 1,300 $ 2, Business Travel Utah Water Users Workshop Annalee Munsey Each 6 $ 1,200 $ 7, Business Travel Human Resource Seminar Annalee Munsey Each 1 $ 2,250 $ 2, Total $ 34, Vehicle O&M Mileage reimbursement Annalee Munsey Miles 400 $ $ Total $ Legal General Counsel Mike Wilson Monthly 12 $ 25,000 $ 300, Total $ 300, Accounting Annual audit-contract amount (Year 3 of 3 ) Annalee Munsey Lump sum 1 $ 9,900 $ 9, Accounting Payroll outsourcing Annalee Munsey Lump sum 1 $ 5,100 $ 5, Accounting Accountant consultation work Annalee Munsey Lump sum 1 $ 20,000 $ 20, Total $ 35, Contract Services Lobbyist Mike Wilson Monthly 12 $ 1,500 $ 18, Contract Services Flex Spending and Cafeteria setup fees Annalee Munsey Annual 1 $ $ Contract Services Drug Screening--pre-employment Annalee Munsey Each 9 $ $ Contract Services Drug Screening--random testing Annalee Munsey Each 12 $ $ Contract Services Background checks Annalee Munsey Each 5 $ $ Contract Services Investment advisor fees Mike Wilson Monthly 12 $ 800 $ 9, Contract Services Utah Water Finance Agency Fees Annalee Munsey Annual 1 $ 1,168 $ 1, Contract Services Bond post-issue compliance (continuing disclosure) Mike Wilson Annual 1 $ 6,000 $ 6, Contract Services Rating surveillance Annalee Munsey Annual 2 $ 4,250 $ 8, Contract Services 2004 Bond trustee fee (ends March 2014) Annalee Munsey Each 1 $ 3,000 $ 3, Contract Services 2005A Bond trustee fee (ends July 2015) Annalee Munsey Each 1 $ 2,500 $ 2, Contract Services 2009A Bond trustee fee (ends September 2031) Annalee Munsey Each 1 $ 2,500 $ 2, Contract Services 2011A Bond trustee fee (ends May 2036) Annalee Munsey Each 1 $ 5,000 $ 5, Contract Services 2012A Bond trustee fee (ends March 2037) Annalee Munsey Each 1 $ 3,500 $ 3, Contract Services 2012B Bond trustee fee (ends April 2022) Annalee Munsey Each 1 $ 2,000 $ 2, Contract Services 2014 Bond trustee fee Annalee Munsey Each 1 $ 2,000 $ 2, Contract Services Paying Agent fee for 2004 and 2003A Bonds, Advisor Fee Annalee Munsey Lump sum 1 $ 1,900 $ 1, Contract Services Custody/Safekeeping annual fee Annalee Munsey Each 1 $ 2,100 $ 2, Contract Services Arbitrage rebate analysis Mike Wilson Each 1 $ 50,000 $ 50, Contract Services Records management Annalee Munsey Lump sum 1 $ 2,000 $ 2, Contract Services Employee Satisfaction Survey Annalee Munsey Lump sum 1 $ 1,000 $ 1, Total $ 122, Telephone Mobile phone allowances (2) Mike Wilson Monthly 12 $ 115 $ 1, Telephone Allowance for cell phone replacement/parts Mike Wilson Each 2 $ 200 $ Total $ 1, General Supplies General Supplies (training room chairs) Mike Wilson Lump sum 1 $ 4,000 $ 4, Total $ 4, Office Supplies General Office Supplies Mike Wilson Monthly 12 $ 1,000 $ 12, Total $ 12, Miscellaneous Service Awards Annalee Munsey Each 8 $ 895 $ 7, Miscellaneous Job Postings Annalee Munsey Each 5 $ 200 $ 1, Miscellaneous Wellness Program Annalee Munsey Employee 67 $ 195 $ 13, Miscellaneous Legal Notices Mike Wilson Each 5 $ 800 $ 4, Total $ 25, Postage & Freight Expense Postage metering Annalee Munsey Lump sum 1 $ 3,000 $ 3, Total $ 3, Contribution & Events Employee Summer Party Mike Wilson Lump sum 1 $ 10,000 $ 10, Contribution & Events Employee Winter Party Mike Wilson Lump sum 1 $ 10,000 $ 10, Total $ 20, Laundry Miscellaneous Uniforms Mike Wilson Lump sum 1 $ 3,500 $ 3, Total $ 3, Subscriptions & Publications Technet (Salary Review Service) Annalee Munsey Lump sum 1 $ 350 $ Subscriptions & Publications Salary Surveys Annalee Munsey Lump sum 1 $ 265 $ Subscriptions & Publications Labor Law Posters Annalee Munsey Each 5 $ 26 $ Subscriptions & Publications Books Annalee Munsey Each 4 $ 90 $ Total $ 1, Dues & Membership Procurement Association Annalee Munsey Lump sum 1 $ 50 $ Dues & Membership Human Resources Association (World at Work) Annalee Munsey Lump sum 1 $ 245 $ Dues & Membership Employers Council Annalee Munsey Lump sum 1 $ 825 $ Dues & Membership Colorado River Water Users Association Annalee Munsey Each 2 $ 20 $ Dues & Membership Society for Human Resource Management Annalee Munsey Lump sum 1 $ 180 $ Dues & Membership American Government Accountants Annalee Munsey Lump sum 1 $ 95 $ Dues & Membership Government Finance Officers Association Mike Wilson Lump sum 1 $ 160 $ Dues & Membership American Society of Civil Engineers Mike Wilson Lump sum 1 $ 235 $ Total $ 1,830 Budget000009

18 Metropolitan Water District of Salt Lake & Sandy Fiscal Year 2014 GENERAL (20) Last Update: 04/04/13 Account Description Actual FY 2010 Actual FY 2011 Actual FY Year Average (FY ) Budget FY 2013 Actual 2/28/2013 % of Total Spent YTD FY 2013 % of Total Spent YTD 3-year average Projected Spend FY 2013 Projected Spend to Budget over/(under) for FY Salary & Wage Exp N/A 0.00% N/A 5120 Overtime Premium N/A 0.00% N/A 5131 Sick Leave 60,607 12,230 6,579 26, N/A 0.00% N/A 5170 On Call Pay N/A 0.00% N/A 5190 Other 29,200 28,400 29,800 29,133 33,800 19, % 65.79% 30,763 (3,037) 5, % 5210 Payroll Taxes N/A 0.00% N/A Salary and Wages 89,807 40,630 36,379 55,605 33,800 19, % 30,763 (3,037) 5, % 5310 Retirement Plan N/A 0.00% N/A 5320 Medical Insurance Premiums N/A 0.00% N/A 5330 Tuition Aid Program 9,859 14,413 19,743 14,671 11,817 13, % 40.29% 20,216 8,399 14, % 5350 Insurance Premiums N/A 0.00% N/A Employee Benefits 9,859 14,413 19,743 14,671 11,817 13, % 20,216 8,399 14, % 5340 Meetings & Seminars 6,616 5,913 6,571 6,367 9,190 1, % 48.30% 6,090 (3,100) 5, % Employee Training 6,616 5,913 6,571 6,367 9,190 1, % 6,090 (3,100) 5, % 5410 Business Travel N/A 0.00% N/A 5430 Vehicle O & M 51,738 57,558 66,048 58,448 62,861 44, % 62.19% 68,359 5,498 61, % Transportation 51,738 57,558 66,048 58,448 62,861 44, % 68,359 5,498 61, % 5510 Legal N/A 0.00% N/A 5520 Accounting N/A 0.00% N/A 5530 Contract Services 866,867 1,068, , ,807 1,003, , % 57.78% 1,087,312 83, , % 5540 Other 8,088 7,179 8,749 8,005 8,820 5, % 84.08% 6,449 (2,371) 7, % Professional Services 874,955 1,075, , ,812 1,012, , % 1,093,761 81, , % 5610 Telephone 14,294 13,242 11,475 13,003 14,520 6, % 67.43% 11,026 (3,494) 14, % 5620 Electricity 840, , , ,507 1,113, , % 56.75% 1,127,903 14,878 1,130, % 5630 Natural Gas 197, , , , , , % 65.33% 304,814 14, , % 5640 Radio Communications N/A 0.00% N/A 5650 Water 6,633 6,772 14,886 9,431 15,060 14, % 51.75% 21,315 6,255 15, % Utilities 1,058, ,259 1,255,007 1,093,366 1,432, , % 1,465,058 32,089 1,449, % 5710 Bldgs & Grounds N/A 0.00% N/A 5720 Machinery & Equipment , % % 1, % Repairs and Maintenance , , % 1, % 5810 General Supplies - 3,562-1, N/A 0.00% N/A 5820 Office Supplies N/A 0.00% N/A 5830 Materials 7,346 12,216 10,083 9,882 9,236 7, % 61.19% 10,806 1,570 9, % 5840 Chemicals N/A 0.00% N/A 5850 Computer & Instr. Supplies N/A 0.00% N/A Chemicals and Supplies 7,346 15,778 10,083 11,069 9,236 7, % 11,238 2,002 9, % 5901 General Insurance 514, , , , , , % 67.93% 502,643 (7,513) 550, % 5902 PRWUA/CUP Assessments 2,143, ,454 1,077,333 1,311,231 1,122,059 1,376, % % 1,386, ,923 1,468, % 5903 Water Stock Assessment 16,790 8, ,699 21, % 3.27% 20,683 (402) 21, % 5904 Rent Exp N/A 0.00% N/A 5905 Miscellaneous (14,617) 18,262 15,132 6,259 16,000 9, % % 16,000-44, % 5906 Postage & Freight Exp N/A 0.00% N/A 5907 Contributions & Events 51,026 51,026 65,426 55,826 68, % 0.00% 68,250-88, % 5909 Depreciation Expense 11,025,827 11,102,779 10,323,992 10,817,533 10,173,000 6,822, % 70.37% 10,228,784 55,784 10,195, % 5910 Interest Expense 11,465,588 11,081,988 10,386,087 10,977,888 11,828,869 7,871, % 71.27% 11,807,164 (21,705) 11,775, % 5911 Laundry N/A 0.00% N/A 5913 Safety 14,130 18,140 19,972 17,414 18,550 5, % 63.51% 12,752 (5,798) 18, % 5914 Subscriptions & Publications 1,906 1, ,211 3, % 33.87% 2,209 (1,131) 2, % 5915 Outside Printing N/A 0.00% N/A 5916 Dues & Memberships 28,107 44,089 46,670 39,622 48,281 23, % 88.19% 29,577 (18,704) 47, % 5917 Amortization Exp. (82,180) (83,805) (195,374) (120,453) (489,806) (322,909) 65.93% 32.12% (489,806) - (460,742) N/A Other Expenses 25,165,312 23,482,448 22,225,315 23,624,359 23,319,784 16,127, % 23,585, ,454 23,752, % Total Expenses 27,265,056 25,659,092 24,429,214 25,784,453 25,893,660 17,752, % 26,281, ,313 26,148, % Excluding personnel costs 25,848,043 26,128, % Excluding depreciation and amortization 16,210,466 16,413, % Budget FY 2014 % Change from FY 2013 Budget Budget000010