ENTERPRISE FUNDS BUDGET CITY OF ST. CLOUD

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1 CITY OF ST. CLOUD ENTERPRISE FUNDS 2019 BUDGET Budget Overview Water Utility Wastewater Utility Hydroelectric Utility Stormwater Utility Street Light Utility Parking System Refuse Service Municipal Athletic Complex River s Edge Convention Center

2 Enterprise Funds Table of Contents 2019 Budget Page Fund Descriptions... 1 Narrative... 2 Compliance with Financial Policies... 3 Revenues and Transfers... 4 Expenses and Transfers... 4 Water Utility... 5 Wastewater Utility Hydroelectric Utility Stormwater Utility Street Light Utility Parking System Refuse Service Municipal Athletic Complex River s Edge Convention Center... 56

3 Enterprise Funds Descriptions The Enterprise Funds maintained by the City of St. Cloud and their purposes are: Water Utility The Water Utility is responsible for providing services related to water supply, including treatment, distribution, meter reading and facility upgrades. Wastewater Utility The Wastewater Utility is responsible for treatment of sanitary, commercial, and industrial wastes from all customers within St. Cloud and also from surrounding cities on a contract basis. The Wastewater Utility is also responsible for on-land disposal of lime sludge wastes from the water treatment plant and bio-solids from the wastewater treatment plant. Hydroelectric Utility The Hydroelectric Utility accounts for the operation of the hydroelectric facility. Electricity is sold to Xcel Energy on a wholesale basis per a long-term purchase sale agreement. Stormwater Utility The Stormwater Utility is responsible for improving and protecting the quality of local water resources and to maintain compliance requirements by the U.S. Environmental Protection Agency. Street Light Utility The Street Light Utility operation provides a method of funding street lighting electrical costs and other maintenance costs. Parking System The Parking System accounts for the activity of several City-operated parking lots and ramps as well as a metered on-street parking system located in downtown St. Cloud. Refuse Service The Refuse Service operates a recycling and refuse pick-up service for residential properties in the City. Municipal Athletic Complex The Municipal Athletic Complex accounts for the activity of the ice arenas, baseball stadiums and a ninehole golf course. River s Edge Convention Center The River s Edge Convention Center accounts for the activities conducted at the facility including conventions, trade shows, banquets, concerts, and meetings. Building maintenance costs directly related to the Paramount Theater are also included. 1

4 2019 PROPOSED ENTERPRISE FUNDS BUDGET These funds are supported by user fees, customer charges and special taxes that support their operations without any general property tax levies. Budget Highlights: The Enterprise Budgets propose no major changes or shifts in services. There is one additional full-time employee proposed for River s Edge Convention Center. The following are the rate changes proposed for the 2019 budgets: Water Utility Change in rate structure to comply with DNR requirements, increase in rates to fund plant upgrades required by MDH and EPA. Increase WAC to $2,500 to fund growth. Wastewater Utility No rate increase. Increase SAC to $2,500 to fund growth. Hydroelectric Utility Rates set by Xcel Energy agreement in place until Stormwater Utility Increase in rates to comply with additional EPA and MPCA requirements. Street Light Utility No rate increase. (1) Parking System No rate increase. Refuse Service No rate increase. Municipal Athletic Complex Increase ice rental by $5 per hour. River s Edge Convention Center Rates are set by the Advisory board. (1) Due to the implementation of the new software system we may need to change our method of calculating these charges. The changes would not result in a rate increase. Major Capital Outlay: Water $75,000 for a high service pump, $66,000 for the second phase of a valve replacement project, $1,250,000 for water meter improvements. Wastewater $200,000 for coating the final clarifier mechanism, $150,000 to replace air handling unit #10. Hydroelectric $325,000 for upgrades to the control and monitoring system and $175,000 to replace a transformer. Stormwater Utility Install a regional underground stormwater treatment facility as part of the 4 th Ave and 1 st St SE project, cost is $456,000 and the Tech High School redevelopment project, cost is $697,000. (These projects are SWCD grant eligible and will only be installed if the grants are received) Street Light Utility $20,000 to replace Riverside Drive light poles. Parking System $12,500 for a parts washer. Refuse System $235,000 for a recycling truck (carryover from 2018) and $220,000 for a refuse truck. Municipal Athletic Complex $35,000 for a pickup with a snowplow, $21,500 for a field groomer. River s Edge Convention Center $28,000 for a floor scrubber, $160,000 for a new sound system, and $120,000 for new carpet (year two of a two-year project). 2

5 Compliance with Financial Policies Enterprise Funds 1. Enterprise Funds will pay for a proportionate share of administrative costs incurred in General Fund departments. The annual budget will provide documentation to support the charging of staff time to Enterprise Funds. Compliance, the Enterprise Funds contribute to the General Fund by paying 33% of the personnel costs for general services departments (City Council, Mayor s, Finance, Human Resources, and Legal). No change from previous year allocation. 2. Enterprise Funds should maintain a minimum of 20% of cash reserves of the annual budget in their operating accounts. Compliance, Water, Wastewater, Hydroelectric, Street Light Utility, Parking, Refuse and River s Edge Enterprise Funds maintain at least 20% of cash reserves of their annual operating budgets. Non-Compliance, Stormwater and Municipal Athletic Complex, do not currently have 20% cash reserves in operating fund. 3. City will establish and maintain capital replacement reserve accounts for each Enterprise Fund operation and will appropriate funds to the accounts. Compliance, Water Utility, Wastewater Utility, Parking System, Refuse Service, and River s Edge Convention Center Enterprise Funds have adequately funded capital replacement reserve accounts. Non-Compliance, The Stormwater and Street Light Utility have not generated sufficient reserves to establish a capital replacement reserve account. The MAC Equipment Replacement Account is not adequately funded given the large capital needs. With the insufficient operating cash available for transfers the only revenue source is $75,000 transferred from Food & Beverage Tax. Hydroelectric Utility capital replacement reserve has been drawn down over the past couple of years, the balance will be built back up in the next few years. 3

6 ENTERPRISE FUNDS SUMMARY Revenues and Transfers Actual Actual Actual Budget Budget Water Utility $ 12,049,292 $ 21,842,683 $ 12,946,699 $ 13,194,300 $ 12,603,100 Wastewater Utility 11,268,282 18,723,686 20,912,962 14,266,300 16,501,600 Hydroelectric Utility 3,159,688 6,519,468 4,636,748 4,488,900 2,620,000 Stormwater Utility 1,385,465 1,849,857 1,351,810 1,192,300 2,521,400 Street Light Utility 1,140,271 7,717,856 5,921,596 1,598,600 1,679,200 Parking System 2,238,623 1,952,317 6,263,279 2,607,500 2,290,100 Refuse Service 3,731,225 3,502,795 3,729,081 3,747,900 4,265,000 Municipal Athletic Complex 2,152,421 3,139,597 1,901,297 1,514,300 1,567,500 River's Edge Convention Center 6,562,914 14,925,946 4,238,828 4,477,000 4,663,400 Total $ 43,688,181 $ 80,174,205 $ 61,902,300 $ 47,087,100 $ 48,711,300 Expenses and Transfers Actual Actual Actual Budget Budget Water Utility $ 12,049,292 $ 21,842,683 $ 12,946,699 $ 13,194,300 $ 12,603,100 Wastewater Utility 11,268,282 18,723,686 20,912,962 14,266,300 16,501,600 Hydroelectric Utility 3,159,688 6,519,468 4,636,748 4,488,900 2,620,000 Stormwater Utility 1,385,465 1,849,857 1,351,810 1,192,300 2,521,400 Street Light Utility 1,140,271 7,717,856 5,921,596 1,598,600 1,679,200 Parking System 2,238,623 1,952,317 6,263,279 2,607,500 2,290,100 Refuse Service 3,731,225 3,502,795 3,729,081 3,747,900 4,265,000 Municipal Athletic Complex 2,152,421 3,139,597 1,901,297 1,514,300 1,567,500 River's Edge Convention Center 6,562,914 14,925,946 4,238,828 4,477,000 4,663,400 Total $ 43,688,181 $ 80,174,205 $ 61,902,300 $ 47,087,100 $ 48,711,300 4

7 WATER UTILITY Department Contact: Patrick Shea Director (320) Description: The Public Utilities Administration Office is located at the Water Treatment Facility, 1000 North Fifth Avenue. Offices, maintenance shop and inventory storage for water meter operations and water distribution/wastewater collection operations are located at the Central Maintenance Facility, 1200 Southeast Fifteenth Avenue. The Water Utility is responsible for providing services related to water supply, including, but not limited to, treatment, distribution, meter reading and facility upgrades. Mission: It is the mission of the Water Utility Fund to produce and distribute aesthetically pleasing, high-quality drinking water in a safe, costeffective manner, while providing exceptional customer service. In pursuit of the mission, the Water Utility Fund is organized into four (4) program areas. Fund Support: The Water Utility Fund is supported primarily by revenue obtained through the delivery of water services to customers. Budget Highlights: The 2019 budget anticipates a restructuring in water rates. The City will be implementing a fixed base fee of $7.50 per month for each water account and increasing water rates from $3.23 per unit to a tiered rate structure with a maximum rate of $3.50 per unit. The Water Availability Charge (WAC) base rate is also increasing from $1,890 to $2,500. The 2019 budget allocates $1,250,000 towards the cost of a fixed-based Advanced Meter Reading System. This project is anticipated to cost $5,000,000 over the next five years. The budget also includes a transfer of $2,400,000 to the Improvement Construction Fund for 2019 improvement projects: installing ductile iron pipe from 5 th Avenue North across the Mississippi River to Wilson Avenue. This project has total cost of $3.5 million spread over the next two years. In 2019, we will begin the design phase for the Water Treatment Facility Improvements. The improvements include advanced treatment and disinfection systems needed to meet regulatory requirements. Total cost of the project is estimated at $32 million. Objectives: Plan for future needs of the Water Utility System by designing to meet anticipated growth. Emphasize quality water utility service and customer satisfaction. Meet and exceed all regulatory requirements of the Environmental Protection Agency and the Minnesota Department of Health. Maintain and improve current operating systems and procedures to continue cost effective service. 5

8 Performance Indicator Dashboard PUBLIC UTILITIES - Wat er Ut ilit y Objective Provide high quality and aesthetically pleasing drinking water while striving to meet and exceed regulatory requirements set by the Safe Drinking Water Act. Indicators Drinking Water Quality Index* Scale: 0-100; 100 = Perfect Meter Read Time (hrs) per 1,000 meters read Distribution Maintenance Ratio Planned : Corrective Organizational Best Practice I ndex** 2019 Projected 2018 Projected 2017 Actual 2016 Actual >10:1 9 : 1 >10:1 9 : 1 >75th Percentile >75th Percentile >75th Percentile >75th Percentile *The Drinking W ater Quality Index is an indicator calculated using the Safe Drinking W ater Act s standard performance measures to determine the effectiveness and performance of the drinking water system. **The Organization Best Practice Index consists of evaluation of the following practices including; Strategic Planning, Long Term Financial Planning, Risk Management Planning, Optimized Asset Management, Performance Measurement, Customer Inv olv ement and Continuous Improv ement. 6

9 WATER UTILITY BUDGET SUMMARY Actual Actual Actual Budget Budget Revenues Customer sales $ 9,634,189 $ 9,746,704 $ 10,027,949 $ 10,030,000 $ 10,990,000 Interest 60,581 59, ,529 72, ,400 Miscellaneous sales 68,687 96,093 72,124 68,700 60,000 Water availability charge 255, , , , ,000 Bond proceeds 1,837,165 11,563,743 2,395, Other 57,197 57,566 92,810 74,000 65,000 Total Revenues 11,913,239 21,842,683 12,946,699 10,510,200 11,530,400 Other Financing Sources From reserves 136, ,684,100 1,072,700 Total Revenues and Other Financing Sources $ 12,049,292 $ 21,842,683 $ 12,946,699 $ 13,194,300 12,603,100 Expenses Administrative services $ 746,884 $ 743,706 $ 801,641 $ 849,900 $ 905,200 Water treatment 3,650,457 3,441,761 3,643,320 3,680,500 3,727,700 Distribution 1,692,239 1,046,585 1,207,504 1,198,700 1,148,800 Meters 882, ,734 1,316, , ,500 Improvements 1,918,231 10,951,405 2,330,715 1,500,000 1,250,000 Upper Mississippi River grant 6,128 18,465 9,940 12,000 10,000 Water availability 671, ,471 2, ,000 2,000 Bonds 1,117,263 1,337,034 1,855,640 2,137,500 2,115,900 Total Expenses 10,684,902 18,771,161 11,167,542 10,269,300 9,933,100 Other Financing Uses To reserves - 1,071, , Transfers out 1,364,390 2,000, ,000 2,925,000 2,670,000 Total Other Financing Uses 1,364,390 3,071,522 1,779,157 2,925,000 2,670,000 Total Expenses and Other Financing Uses $ 12,049,292 $ 21,842,683 $ 12,946,699 $ 13,194,300 12,603,100 Excess (Deficiency) of Revenues and Other Finance Sources Over (Under) Expenses and Other Financing Uses $ - 7

10 WATER UTILITY CASH BALANCE SUMMARY Water Upper Availability Mississippi Operating Improvements Charge River Grant Bond Total CASH BALANCE 1/01/15 $ 3,070,110 $ 388,979 $ 2,384,592 $ 33,712 $ 1,377,353 $ 7,254,746 Revenues 9,803,691 1,838, , ,913,239 Transfers In - 1,200, ,200,000 Expenses (6,971,849) (1,918,231) (671,431) (6,128) (1,117,263) (10,684,902) Transfers Out (1,281,579) (1,282,811) (2,564,390) Adjustment to Cash Basis 33, ,751 45,901 9,400 (6,623) 284,198 CASH BALANCE 01/01/16 $ 4,654,142 $ 427,720 $ 2,030,303 $ 37,259 $ 253,467 $ 7,402,891 Revenues 9,949,540 11,563, , ,842,683 Transfers In - 3,300, ,123,276 4,423,276 Expenses (6,124,786) (10,951,405) (339,471) (18,465) (1,337,034) (18,771,161) Transfers Out (3,623,276) (2,000,000) (800,000) - - (6,423,276) Adjustment to Cash Basis (4,319) (267,714) (121,161) 810 (39,709) (432,093) CASH BALANCE 01/01/17 $ 4,851,301 $ 2,072,376 $ 1,098,922 $ 19,721 $ - $ 8,042,320 Revenues 10,249,712 2,425, ,245 30,393-12,946,699 Transfers In - 900, ,957,694 2,857,694 Expenses (6,969,036) (2,330,715) (2,211) (9,940) (1,855,640) (11,167,542) Transfers Out (2,857,694) (900,000) (3,757,694) Adjustment to Cash Basis (15,151) (277,341) (125,883) (385) (102,054) (520,814) CASH BALANCE 01/01/18 $ 5,259,132 $ 1,889,669 $ 1,212,073 $ 39,789 $ - $ 8,400,663 Revenues (Estimate) 10,206, , ,000 30,400-10,671,800 Transfers In (Estimate) - 4,700, ,128,100 6,828,100 Expenses (Estimate) (6,485,400) (1,500,000) (2,000) (10,000) (2,128,100) (10,125,500) Transfers Out (Estimate) (6,828,100) (1,165,000) (7,993,100) Adjustment to Cash Basis - 353, ,847 CASH BALANCE 01/01/19 (Est.) $ 2,152,232 $ 4,434,316 $ 1,489,073 $ 60,189 $ - $ 8,135,810 Revenues (Budget) 11,155,000 30, ,000 30,400-11,530,400 Transfers In (Budget) - 2,400, ,115,900 4,515,900 Expenses (Budget) (6,555,200) (1,250,000) (2,000) (10,000) (2,115,900) (9,933,100) Transfers Out (Budget) (3,485,900) (2,400,000) (1,300,000) - - (7,185,900) CASH BALANCE 12/31/19 (Est.) $ 3,266,132 $ 3,214,316 $ 502,073 $ 80,589 $ - $ 7,063,110 8

11 WATER UTILITY TRANSFERS IN OUT FROM/TO 2015 ACTUAL Operating $ - $ 1,281,579 Future Improvements Future Improvements 1,200,000 - Operating Future Improvements - 82,811 Improvement Construction Future Improvements - 150,000 Infrastructure Management Water Access Charge - 1,050,000 Improvement Construction $ 1,200,000 $ 2,564, ACTUAL Operating $ - $ 2,500,000 Future Improvements Operating - 1,123,276 Debt Service Future Improvements 2,500,000 - Operating Future Improvements 800,000 - Water Access Charge Future Improvements - 900,000 Improvement Construction Future Improvements - 100,000 Infrastructure Management Future Improvements - 200,000 Aquatic Center Future Improvements - 800,000 CR74 Water Access Charge - 800,000 Improvement Construction Debt Service 1,123,276 - Operating $ 4,423,276 $ 6,423, ACTUAL Operating $ - $ 900,000 Future Improvements Operating - 1,957,694 Debt Service Future Improvements 900,000 - Operating Future Improvements - 900,000 Improvement Construction Debt Service 1,957,694 - Operating $ 2,857,694 $ 3,757,694 9

12 WATER UTILITY TRANSFERS IN OUT FROM/TO 2018 BUDGET Operating $ - $ 5,700,000 Future Improvements Operating - 2,137,500 Debt Service Future Improvements 5,700,000 - Operating Future Improvements - 900,000 Improvement Construction Future Improvements - 1,200,000 Improvement Const CR 74 North Future Improvements 825,000 - WAC Future Improvements - 825,000 Improvement Const CR 74 South WAC - 825,000 Future Improvements Debt Service 2,137,500 - Operating $ 8,662,500 $ 11,587, ESTIMATE Operating $ - $ 4,700,000 Future Improvements Operating - 2,128,100 Debt Service Future Improvements 4,700,000 - Operating Future Improvements - 900,000 Improvement Construction Future Improvements - 265,000 Improvement Const CR 74 North Debt Service 2,128,100 - Operating $ 6,828,100 $ 7,993, BUDGET Operating $ - $ 900,000 Future Improvements/2019 IBC Operating - 200,000 Future Imp-Veterans Bridge Operating - 2,115,900 Debt Service Operating - 270,000 ERP UB Software Project Future Improvements 1,100,000 - Operating Future Improvements - 2,400,000 Improvement Construction Future Improvements 1,300,000 - WAC WAC - 1,300,000 Future Imp-Veterans Bridge Debt Service 2,115,900 - Operating $ 4,515,900 $ 7,185,900 10

13 WATER UTILITY The following is a multi-year comparison of the Water Utility expenses and transfers by category: Category Actual Actual Actual Budget Budget Personal Services $ 2,599,773 $ 2,533,617 $ 2,726,590 $ 2,758,800 $ 2,905,100 Supplies 1,865,288 1,853,033 1,998,763 2,036,300 1,983,000 Services and Charges 1,702,943 1,434,242 1,559,454 1,483,700 1,486,100 Capital Outlay 3,399,635 11,606,335 3,027,095 1,853,000 1,443,000 Debt Service 1,117,263 1,343,934 1,855,640 2,137,500 2,115,900 Transfers 1,364,390 2,000, ,000 2,925,000 2,670,000 Total $ 12,049,292 $ 20,771,161 $ 12,067,542 $ 13,194,300 $ 12,603,100 Staffing Permanent Employees Detail of Debt Service G.O. Drinking Water Revolving Fund-2004 $ 92,460 $ 92,524 $ 92,537 $ 93,300 $ 93,200 G.O. Drinking Water Revolving Fund , , , , ,000 G.O. Drinking Water Revolving Fund , , , , ,800 G.O. Drinking Water Revolving Fund , , , , ,800 G.O. Drinking Water Revolving Fund , , , ,200 G.O. Drinking Water Revolving Fund , , ,900 Total $ 1,117,263 $ 1,343,934 $ 1,855,640 $ 2,137,500 $ 2,115,900 11

14 WASTEWATER UTILITY Department Contact: Patrick Shea Director (320) Description: The Wastewater Utility includes the Wastewater Treatment Facility located at th Street South, the Main Lift Station located at rd Street South and 34 wastewater lift stations located throughout the City. The Wastewater Utility is responsible for treatment of domestic, commercial and industrial wastewater from customers within St. Cloud and from surrounding cities on a contract basis. The Wastewater Utility is also responsible for recycling biosolids generated at the facility. Mission: The Wastewater Utility Fund will provide and maintain a safe, efficient and economical system for the conveyance and treatment of commercial, industrial and domestic wastewater while maintaining environmental integrity and the safety of employees. In pursuit of the mission, the Wastewater Utility Fund is organized into six (6) program areas. Fund Support: The Wastewater Utility Fund is supported primarily through revenues obtained through user fees of the wastewater collection and treatment system, and through contractual agreements with the cities of Waite Park, Sauk Rapids, Sartell, St. Augusta and St. Joseph for wastewater treatment services. Budget Highlights: The 2019 budget anticipates a base rate increase for Sewer Availability Charges (SAC) fees from $1,890 to $2,500. The Nutrient Recovery and Reuse Project is substantially complete and equipment is in the commissioning phase. The 2019 budget includes an additional $382,000 in chemicals for biosolid treatment and production of a fertilizer product. The budget has an additional $57,400 for energy demand to operate the new equipment. Capital outlay items in the 2019 budget are the following: $200,000 for coating of the final clarifier mechanism, $150,000 for air handling unit #10, $15,000 for an analytical balance and $30,000 for two portable flow meters. The 2019 budget also includes a transfer of $1,965,000 to the 2019 Improvement Bond Construction fund for the annual sanitary sewer improvements. Objectives: Provide effective and efficient wastewater treatment to all customers. Maintain a customer-oriented focus through an emphasis on customer satisfaction. Meet and exceed all regulatory requirements of the Environmental Protection Agency and the Minnesota Pollution Control Agency. 12

15 Performance Indicator Dashboard PUBLIC UTILITIES - Wastewater Utility Objective Provide and maintain a safe, efficient and economical system for the conveyance and treatment of commercial, industrial, and domestic wastewater while maintaining environmental integrity and the safety of employees. Indicators 2019 Projected 2018 Projected 2017 Actual 2016 Actual Effluent Water Quality Index* Sanitary Sewer Cleaned (ft) >750,000 >750, , ,000 Collection Maintenance Ratio Planned : Corrective kwh Purchased from Grid/Million Gallons Treated kwh Consumed/Million Gallons Treated** >6:1 >6:1 7:1 >5: ,466 1,700 1,662 1,428 1,466 *The Wastewater Effluent Index is an indicator calculated using the Federal Clean Water Act s standard performance measures to determine the effectiveness and performance of the wastewater system. **kwh's Purchased from Grid + Solar + Biofuel 13

16 WASTEWATER UTILITY BUDGET SUMMARY Actual Actual Actual Budget Budget Revenues Customer sales $ 6,421,723 $ 7,120,775 $ 7,665,550 $ 8,000,000 $ 7,700,000 Contract cities sales 1,947,842 1,804,315 1,933,412 2,130,000 2,182,500 Pretreatment charges 126, , , , ,000 Sewer availability charge 244, , , , ,000 Interest 26,106 23, ,745 40,000 50,000 Other local governments , ,639-1,500,000 Loan receivable/local govt 2,423,570 2,385,645 2,448,204 2,704,800 3,201,200 Bond Principal/PFA - 6,345,975 6,716, Miscellaneous 77,468 78, , ,000 68,000 Total Revenues 11,268,282 18,723,686 20,912,962 13,504,800 15,241,700 Other Financing Sources From reserves ,500 1,259,900 Total Revenues and Other Financing Sources $ 11,268,282 $ 18,723,686 $ 20,912,962 $ 14,266,300 16,501,600 Expenses Operating $ 4,264,656 $ 4,415,078 $ 4,566,790 $ 5,792,400 $ 6,491,900 Operating capital outlay 972, , , , ,000 Imp - NR2 biosolids 30, ,265 4,955,424-1,500,000 Equipment replacement/pump 297, , , , ,000 Main lift station - 2,060,975 2,553, Sewer availability - 1,487 1, SIS phase 4 257, Energy project - 3,818,761 1,027, Debt service 4,139,879 4,191,044 4,606,369 5,066,400 5,697,200 Total Expenses 9,962,657 15,714,750 18,243,366 11,341,300 14,266,600 Other Financing Uses To reserves 805,625 1,308,936 1,724, IBC Projects and ERP Transfer 500,000 1,700, ,000 2,925,000 2,235,000 Total Other Financing Uses 1,305,625 3,008,936 2,669,596 2,925,000 2,235,000 Total Expenses and Other Financing Uses $ 11,268,282 $ 18,723,686 $ 20,912,962 $ 14,266,300 16,501,600 Excess (Deficiency) of Revenues and Other Finance Sources Over (Under) Expenses and Other Financing Uses $ - 14

17 WASTEWATER UTILITY CASH BALANCE SUMMARY Sewer Future Enegy Availability Operating Improvements Project Charge Bond Total CASH BALANCE 01/01/15 $ 1,652,593 $ 307,921 $ - $ 1,308,499 $ 201,883 $ 3,470,896 Revenues 9,058,290 35, ,028 1,919,400 11,268,282 Transfers In 39,581 1,415, ,864,500 3,319,482 Expenses (5,235,361) (585,454) - (1,963) (4,139,879) (9,962,657) Transfers Out (2,964,500) (854,982) (3,819,482) Adjustment to Cash Basis (527,875) (75,164) ,640 (289,399) CASH BALANCE 01/01/16 $ 2,022,728 $ 243,286 $ - $ 1,561,564 $ 159,544 $ 3,987,122 Revenues 9,253,134 2,445,179 4,317, ,181 2,385,647 18,723,686 Transfers In - 2,400, ,700-2,055,182 4,792,882 Expenses (4,795,658) (2,907,800) (3,818,761) (1,487) (4,191,044) (15,714,750) Transfers Out (3,455,182) (1,700,000) - (1,000,000) (337,700) (6,492,882) Adjustment to Cash Basis (131,968) (57,864) (920,234) - (71,629) (1,181,695) CASH BALANCE 01/01/17 $ 2,893,054 $ 422,801 $ (83,750) $ 882,258 $ - $ 4,114,363 Revenues 10,459,811 7,678,849 91, ,455 2,448,204 20,912,962 Transfers In - 900, ,289,800 3,189,800 Expenses (4,842,101) (7,765,964) (1,027,244) (1,688) (4,606,369) (18,243,366) Transfers Out (3,234,800) (900,000) (4,134,800) Adjustment to Cash Basis (605,482) 171,754 1,033,942 - (48,570) 551,644 CASH BALANCE 01/01/18 $ 4,670,482 $ 507,440 $ 14,591 $ 1,115,025 $ 83,065 $ 6,390,603 Revenues (Estimate) 10,045,200 17,305, , ,000 3,035,100 30,833,300 Transfers In (Estimate) - 3,200, ,535,000 5,735,000 Expenses (Estimate) (5,466,800) (17,383,700) (70,000) (500) (5,570,100) (28,491,100) Transfers Out (Estimate) (5,735,000) (1,200,000) (6,935,000) CASH BALANCE 01/01/19 (Est.) $ 3,513,882 $ 2,428,740 $ 127,591 $ 1,379,525 $ 83,065 $ 7,532,803 Revenues (Budget) 10,220,500 1,505, ,000 3,201,200 15,241,700 Transfers In (Budget) - 2,415, ,496,000 4,911,000 Expenses (Budget) (6,721,900) (1,847,000) - (500) (5,697,200) (14,266,600) Transfers Out (Budget) (5,181,000) (1,965,000) (7,146,000) CASH BALANCE 12/31/19 (Est.) $ 1,831,482 $ 2,536,740 $ 127,591 $ 1,694,025 $ 83,065 $ 6,272,903 15

18 WASTEWATER UTILITY TRANSFER SUMMARY IN OUT FROM/TO 2015 ACTUAL Operating $ - $ 1,864,500 Bonds Operating - 1,100,000 Future Improvements Operating 39,581 - Treatment Expansion Future Improvements 1,100,000 - Operating Future Improvements - 500,000 Improvement Construction Future Improvements 169,663 - Equipment Replacement Future Improvements 145,738 - SIS Phase 4 Equipment Replacement - 169,663 Future Improvements SIS Phase 4-145,738 Future Improvements Treatment Expansion - 39,581 Future Improvements Bonds 1,864,500 - Operating $ 3,319,482 $ 3,819, ACTUAL Operating $ - $ 2,055,182 Bonds Operating - 1,400,000 Future Improvements Future Improvements 1,400,000 - Operating Future Improvements 1,000,000 - Sewer Access Charge Future Improvements - 900, Improement Bond Construction Future Improvements - 100,000 Infrastructure Management Future Improvements - 200,000 Aquatic Center Future Improvements - 500, IBC CR 74 Energy Project Fund 337,700 - Bonds Sewer Acess Charge - 500,000 Future Improvements CR74 Sewer Access Charge - 500,000 Future Improvements Bonds - 337,700 Energy Project Bonds 2,055,182 - Operating $ 4,792,882 $ 6,492, ACTUAL Operating $ - $ 2,289,800 Bonds Operating - 900,000 Future Improvements Operating - 45,000 Hydro Energy Project Future Improvements 900,000 - Operating Future Improvements - 900,000 Improvement Construction Bonds 2,289,800 - Operating $ 3,189,800 $ 4,134,800 16

19 WASTEWATER UTILITY TRANSFER SUMMARY - CONTINUED IN OUT FROM/TO 2018 BUDGET Operating $ - $ 2,361,600 Bonds Operating - 4,925,000 Future Improvements Future Improvements 4,925,000 - Operating Future Improvements - 900,000 Improvement Construction Future Improvements - 1,200,000 Improvement Construction CR 74 North Future Improvements - 825,000 Improvement Construction CR 74 South Bonds 2,361,600 - Operating $ 7,286,600 $ 10,211, ESTIMATE Operating $ - $ 2,535,000 Bonds Operating - 3,200,000 Future Improvements Future Improvements 3,200,000 - Operating Future Improvements - 900, IBC Fund Future Improvements - 300, IBC Fund - CSAH CR74 to Tech HS Bonds 2,535,000 - Operating $ 5,735,000 $ 6,935, BUDGET Operating $ - $ 2,496,000 Bonds Operating - 2,415,000 Future Improvements Operating - 270,000 ERP Project Fund - UB Software Future Improvements 2,415,000 - Operating Future Improvements - 1,200, IBC Phase 1 Future Improvements - 180, IBC Stone Gate Future Improvements - 380, IBC 19.03A Wilson Ave Future Improvements - 204, IBC 19.03B Wilson Ave Alley Bonds 2,496,000 - Operating $ 4,911,000 $ 7,146,000 17

20 WASTEWATER UTILITY The following is a multi-year comparison of the Wastewater Utility expenses and transfers by category: Category Actual Actual Actual Budget Budget Personal Services $ 2,450,380 $ 2,493,977 $ 2,589,317 $ 2,851,200 $ 3,037,600 Supplies 609, , , ,600 1,413,100 Services and Charges 1,318,110 1,398,171 1,319,740 2,141,100 2,223,700 Capital Outlay 1,445,099 6,947,671 8,945, ,000 1,895,000 Debt Service 4,139,879 4,191,044 4,606,369 5,066,400 5,697,200 Transfers 500,000 1,700, ,000 2,925,000 2,235,000 Total $ 10,462,657 $ 17,414,750 $ 19,188,366 $ 14,266,300 $ 16,501,600 Staffing Permanent Employees Detail of Debt Service G.O. Wastewater Treatment Note, Series 1997 $ 336,566 $ 336,422 $ 336,272 $ 340,600 $ - G.O. Revenue Bonds, Series 2009B 738, , , , ,600 G.O. Clean Water Revolving Fund ,453,690 2,453,502 2,452,729 2,465,000 2,465,300 G.O. Revenue Bonds, Series 2010A 221, , , , ,700 G.O. Revenue Bonds, Series 2013B 389, , , , ,100 G.O. Revenue Bonds, Series 2016A , , ,600 G.O. Clean Water Revolving Fund , , ,100 G.O. Clean Water Revolving Fund ,800 Total $ 4,139,879 $ 4,191,044 $ 4,606,369 $ 5,066,400 $ 5,697,200 18

21 HYDROELECTRIC UTILITY Department Contact: Patrick Shea Director (320) Description: The Hydroelectric Generation Facility is located at Eight Eleventh Street South along the banks of the Mississippi River. The Hydroelectric Generation Facility generates efficient clean power that is sold to Xcel Energy for distribution. Mission: It is the mission of the Hydroelectric Generation Facility to generate electricity at maximum output in a safe manner on a continuous basis. Budget Highlights: The 2019 capital outlay budget for Hydroelectric Utility includes $325,000 to upgrade the Facility Control and Monitoring System and $175,000 for the replacement of a 30-year old transformer. Objectives: Operate the facility at maximum output within design guidelines, considering river flow, equipment efficiency and safety guidelines. Maintain turbines and all related equipment in excellent operating condition. Promote the use of recreational facilities in the area provided as part of the Hydroelectric Project. Maintain compliance with all Federal and State regulations, and permit conditions as they apply to the Hydroelectric Generation Facility. Fund Support: The Hydroelectric Fund is supported through revenues generated from a long-term power sales agreement with Xcel Energy. The payments from Xcel Energy are based on two different factors. The first factor is the plant s ability to produce electricity (capacity payment) and the second is the actual electricity produced and delivered to Xcel (energy payment). 19

22 Performance Indicator Dashboard PUBLIC UTILITIES - Hydroelectric Utility Objective Operate the Hydroelectric Generation Facility at maximum output utilizing the Mississippi River while maintaining Federal and State compliance and meeting permit requirements. Indicators 2019 Projected 2018 Projected 2017 Actual 2016 Actual Hydroelectric Energy Production (kwh)* 48,000,000 48,000,000 56,967,550 57,022,383 Generator Efficiency Performance (%) Unit #1 & #2 Out of Service for Corrective Maintenance (hrs)** , * Flow Dependent ** Unit No. 1 Down for 450 hours in 2017 due to Replace Blade Seal 20

23 HYDROELECTRIC UTILITY BUDGET SUMMARY Actual Actual Actual Budget Budget Revenues Capacity payments $ 1,332,025 $ 1,412,626 $ 1,465,735 $ 1,450,000 $ 1,460,000 Energy payments 922,087 1,119,350 1,382,205 1,150,000 1,150,000 Interest 13,117 9,987 32,681 10,200 10,000 State grant - 700, Bond proceeds - 3,130, Other 24, ,505 18,823 40,000 - Total Revenues 2,292,079 6,519,468 2,899,444 2,650,200 2,620,000 Other Financing Sources From reserves 867,609-1,692,304 1,838,700 - Transfers in , Total Other Financing Sources 867,609-1,737,304 1,838,700 - Total Revenues and Other Financing Sources $ 3,159,688 $ 6,519,468 $ 4,636,748 $ 4,488,900 2,620,000 Expenses Operations $ 441,166 $ 650,289 $ 1,370,085 $ 578,300 $ 671,200 Replacement reserve 627, , ,289 1,207, ,000 Trip gate replacement - 2,977, , Bonds 1,640,857 1,659,383 1,761,479 2,103, ,300 Total Expenses 2,709,688 5,484,637 4,136,748 3,888,900 1,586,500 Other Financing Uses To reserves - 584, ,500 Transfers out 450, , , , ,000 Total Other Financing Uses 450,000 1,034, , ,000 1,033,500 Total Expenses and Other Financing Uses $ 3,159,688 $ 6,519,468 $ 4,636,748 $ 4,488,900 2,620,000 Excess (Deficiency) of Revenues and Other Finance Sources Over (Under) Expenses and Other Financing Uses $ - 21

24 HYDROELECTRIC UTILITY CASH BALANCE SUMMARY Replacement Tripgate Debt Service Operating Reserve Replacement Reserve Bond Reserve Total CASH BALANCE 01/01/15 $ 865,507 $ 1,115,199 $ - $ - $ 135,715 $ 1,805,964 $ 3,922,385 Revenues 2,291, ,292,079 Transfers In ,606,027-1,606,027 Expenses (441,166) (627,665) - - (1,640,857) - (2,709,688) Transfers Out (2,056,027) (2,056,027) Adjustment to Cash Basis (86,619) (18,823) ,491 - (69,951) CASH BALANCE 01/01/16 $ 573,594 $ 468,711 $ - $ - $ 136,376 $ 1,806,144 2,984,825 Revenues 2,684,155-3,831, ,171 6,519,468 Transfers In ,000 1,649,477-1,857,477 Expenses (650,289) (197,181) (2,977,784) - (1,659,383) - (5,484,637) Transfers Out (2,307,477) (2,307,477) Adjustment to Cash Basis (210,262) (5,356) (149,370) - 11,176 - (353,812) CASH BALANCE 01/01/17 $ 89,721 $ 266,174 $ 703,988 $ 208,000 $ 137,646 $ 1,810,315 $ 3,215,844 Revenues 3,124, , ,606 3,837,697 Transfers In 45, ,620,825-1,665,825 Expenses (775,876) (180,599) (1,459,138) - (1,756,010) - (4,171,623) Transfers Out (2,120,825) (2,120,825) Adjustment to Cash Basis (5,506) 3, ,219 - (2,461) - 236,156 CASH BALANCE 01/01/18 $ 356,605 $ 89,479 $ 185,069 $ 208,000 $ - $ 1,823,921 $ 2,663,074 Revenues (Estimate) 2,620, ,079 2,624,079 Transfers In (Estimate) - 1,430, ,200,100-3,630,100 Expenses (Estimate) (609,700) (1,430,000) (20,969) - (2,102,800) - (4,163,469) Transfers Out (Estimate) (2,030,000) - (164,100) (208,000) - (1,828,000) (4,230,100) CASH BALANCE 01/01/19 (Est.) $ 336,905 $ 89,479 $ - $ - $ 97,300 $ - $ 523,684 Revenues (Budget) 2,620, ,620,000 Transfers In (Budget) - 500, , ,300 Expenses (Budget) (671,200) (500,000) - - (415,300) - (1,586,500) Transfers Out (Budget) (1,515,300) (1,515,300) CASH BALANCE 12/31/19 (Est.) $ 770,405 $ 89,479 $ - $ - $ 97,300 $ - $ 957,184 22

25 HYDROELECTRIC UTILITY TRANSFER SUMMARY IN OUT FROM/TO 2015 ACTUAL Operating $ - $ 1,630,142 Bond Operating - 450,000 General Fund Bond 1,630,142 - Operating $ 1,630,142 $ 2,080, ACTUAL Operating $ - $ 1,649,477 Bond Operating - 450,000 General Fund Operating - 208,000 Bond Reserve Bond Reserve 208,000 - Operating Bond 1,649,477 - Operating $ 1,857,477 $ 2,307, ACTUAL Operating $ - $ 1,620,825 Bond Operating - 500,000 General Fund Operating 45,000 - Wastewater Utility Energy Bond 1,620,825 - Operating $ 1,665,825 $ 2,120, BUDGET Operating $ - $ 292,600 Bond Operating - 600,000 General Fund Operating - 1,207,500 Hydro Replacement Hydro Replacement 1,207,500 - Operating Bond Reserve - 1,810,500 Bond Bond 2,103,100 - Operating $ 3,310,600 $ 3,910, ESTIMATE Operating $ - $ 600,000 General Fund Operating - 1,430,000 Hydro Replacement Hydro Replacement 1,430,000 - Operating Tripgate Replacement - 164,100 Bond Debt Service Reserve - 208,000 Bond Bond Reserve - 1,828,000 Bond Bond 164,100 - Tripgate Replacement Bond 208,000 - Debt Service Reserve Bond 1,828,000 - Bond Reserve $ 3,630,100 $ 4,230,100 23

26 HYDROELECTRIC UTILITY TRANSFER SUMMARY IN OUT FROM/TO 2019 BUDGET Operating $ - $ 415,300 Bond Operating - 600,000 General Fund Operating - 500,000 Hydro Replacement Hydro Replacement 500,000 - Operating Bond 415,300 - Operating $ 915,300 $ 1,515,300 24

27 HYDROELECTRIC UTILITY The following is a multi-year comparison of the Hydroelectric Utility expenses by category: Category Actual Actual Actual Budget Budget Personal Services $ 111,601 $ 176,807 $ 213,122 $ 138,500 $ 170,900 Supplies 24,377 32,263 48,677 43,000 53,600 Services and Charges 309, ,014 1,043, , ,700 Capital Outlay 623,029 3,041,312 1,070,214 1,007, ,000 Debt Service 1,640,857 1,801,241 1,761,479 2,103, ,300 Transfers 450, , , , ,000 Total $ 3,159,688 $ 5,934,637 $ 4,636,748 $ 4,488,900 $ 2,186,500 Staffing Permanent Employees Detail of Debt Service G.O. Judgement Refunding Bonds, Series 2009A $ 353,840 $ 355,834 $ 346,070 $ 372,200 $ - G.O. Revenue Refunding Bonds, Series 2007C 1,287,017 1,303,549 1,317,349 1,316,100 - Taxable Revenue Bonds Series 2016H - 141,858 98, , ,300 Total $ 1,640,857 $ 1,801,241 $ 1,761,479 $ 2,103,100 $ 415,300 25

28 STORMWATER UTILITY Department Contact: Patrick Shea Director (320) Description: The Stormwater Utility provides a method for funding services to protect and improve the quality of local water resources and to maintain compliance with requirements by the U.S. Environmental Protection Agency. Mission: It is the mission of the Stormwater Utility Fund to fund programs that ensure the City of St. Cloud maintains compliance with the stormwater requirements of the Clean Water Act. Fund Support: Budget Highlights: The 2019 budget includes a $2.40 rate increase in the monthly stormwater fee. The fixed rate is going from $1.40 per month to $3.80. Capital outlay requests for 2019: $456,000 4 th Avenue SW and a $697,000 Tech Redevelopment Regional Treatment Systems. These projects will install a regional underground stormwater treatment facility and are dependent upon receiving grant awards. Objectives: Conduct and facilitate the necessary planning activities to ensure that future needs and regulations are met. Meet and exceed all regulatory requirements of the Environmental Protection Agency and the Minnesota Pollution Control Agency. Maintain and improve current procedures in a cost-effective manner. The Stormwater Utility Fund is supported primarily through fees charged to property owners based on the estimated volume of runoff and/or pollutant load discharged from each property into the drainage system. 26

29 Performance Indicator Dashboard PUBLIC UTILITIES - Stormwater Utility Objective Protect water quality through effective stormwater management and education to meet requirements of the Clean Water Act while maintaining infrastructure integrity. Indicators 2019 Projected 2018 Projected 2017 Actual 2016 Actual Program Effectiveness Index* Street Sweeping Yards of Sediment Removed 3,000 3,000 3,932 3,494 System Inspections *The Program Effectiveness Index is an indicator calculated using the Clean Water Act and anti-degradation measures to determine the effectiveness and performance of the stormwater program. 27

30 STORMWATER UTILITY BUDGET SUMMARY Actual Actual Actual Budget Budget Revenues Customer sales $ 850,139 $ 915,466 $ 931,463 $ 965,000 $ 1,325,000 Interest 7,166 3,164 7,785 5,600 1,900 Grants 324, ,916 51,710 35,900 1,194,500 Other 7,663 3,080 7,741 6,300 - Total Revenues 1,189,912 1,583, ,699 1,012,800 2,521,400 Other Financing Sources From reserves 195, , , ,500 - Total Revenues and Other Financing Sources $ 1,385,465 $ 1,849,857 $ 1,351,810 $ 1,192,300 2,521,400 Expenses Operating $ 918,040 $ 1,288,966 $ 1,313,177 $ 1,154,800 $ 2,346,500 Education 36,735 36,469 38,633 37,500 41,500 Capital outlay 430, , Total Expenses 1,385,465 1,849,857 1,351,810 1,192,300 2,388,000 Other Financing Uses To reserves ,400 Transfers out ,000 Total Other Financing Uses ,400 Total Expenses and Other Financing Uses $ 1,385,465 $ 1,849,857 $ 1,351,810 $ 1,192,300 2,521,400 Excess (Deficiency) of Revenues and Other Finance Sources Over (Under) Expenses and Other Financing Uses $ - 28

31 STORMWATER UTILITY CASH BALANCE SUMMARY Operating Education Total CASH BALANCE 01/01/15 $ 967,809 $ 43,209 $ 1,011,018 Revenues 1,154,223 35,689 1,189,912 Expenses (1,348,730) (36,735) (1,385,465) Adjustment to Cash Basis (9,012) 380 (8,632) CASH BALANCE 01/01/16 $ 764,290 $ 42,543 $ 806,833 Revenues 1,548,812 34,814 1,583,626 Expenses (1,813,389) (36,468) (1,849,857) Adjustment to Cash Basis (254,314) (379) (254,693) CASH BALANCE 01/01/17 $ 245,399 $ 40,510 $ 285,909 Revenues 962,167 36, ,699 Expenses (1,313,177) (38,633) (1,351,810) Adjustment to Cash Basis 426,115 1, ,244 CASH BALANCE 01/01/18 $ 320,504 $ 39,538 $ 360,042 Revenues (Estimate) 1,045,100 37,300 1,082,400 Expenses (Estimate) (1,152,900) (39,000) (1,191,900) CASH BALANCE 01/01/19 (Est.) $ 212,704 $ 37,838 $ 250,542 Revenues (Budget) 2,479,400 42,000 2,521,400 Expenses (Budget) (2,346,500) (41,500) (2,388,000) Transfers Out (Estimate) (90,000) - (90,000) CASH BALANCE 12/31/19 (Est.) $ 255,604 $ 38,338 $ 293,942 29

32 STORMWATER UTILITY TRANSFER SUMMARY IN OUT FROM/TO 2015 ACTUAL Operating $ - $ - Education Education - - Operating $ - $ ACTUAL Operating $ - $ - Education Education - - Operating $ - $ ACTUAL Operating $ - $ - Education Education - - Operating $ - $ BUDGET Operating $ - $ - ERP Project Education - - Operating $ - $ ESTIMATE Operating $ - $ - ERP Project Education - - Operating $ - $ BUDGET Operating $ - $ 90,000 ERP Project Education - - Operating $ - $ 90,000 30

33 STORMWATER UTILITY The following is a multi-year comparison of the Stormwater Utility expenses and transfers by category: Category Actual Actual Actual Budget Budget Personal Services $ 681,234 $ 635,699 $ 678,608 $ 683,000 $ 716,900 Supplies 28,705 98, , , ,800 Services and Charges 244, , , , ,300 Capital Outlay 430, , ,153,000 Transfers ,000 Total $ 1,385,565 $ 1,849,857 $ 1,351,810 $ 1,192,300 $ 2,478,000 Staffing Permanent Employees

34 STREET LIGHT UTILITY Department Contact: Patrick Shea Director (320) Description: The Street Light Utility provides a method for funding street lighting electrical and maintenance costs. Mission: The Street Light Utility will provide street lighting that benefits the motorist and the general public for the safe and efficient movement of vehicles on local, collector and arterial roadways in St. Cloud while minimizing glare to motorists and limiting light intrusion to surrounding properties and residences. Fund Support: Budget Highlights: There is no rate increase proposed in the 2019 budget. Capital outlay of $20,000 for replacing street light poles along Riverside Drive. Objectives: Provide cost effective roadway lighting in the St. Cloud area. Repair and maintain roadway lighting in St. Cloud in a manner that minimizes lighting outages and callbacks for service. Provide esthetically pleasing lighting fixtures and types of light that augment commercial districts and areas of St. Cloud. Minimize the number of different light fixtures used in St. Cloud. Reduce glare and light intrusion when possible. Provide minimum maintenance lighting standards and fixtures when possible. The Street Light Operating Fund is supported from revenues generated from the street light utility fee charges to customers. 32

35 Performance Indicator Dashboard PUBLIC WORKS - Street Light Utility Objective Provide street lighting for the safe and efficient movement of vehicles and pedestrians. Indicators 2019 Projected 2018 Projected 2017 Actual 2016 Actual Utility Cost per Street Light $90* $90* $103* $111 Street Light Maintenance Ratio Planned: Corrective 1.0: : : :1.0 Outage Response Time (hrs) 36** 38** *Numbers are higher than originally anticipated due to rate change in electricity. ** No anticpated changes due to work loads and no extra personnel. 33

36 STREET LIGHT UTILITY BUDGET SUMMARY Actual Actual Actual Budget Budget Revenues Customer charges $ 1,072,724 $ 1,191,490 $ 1,190,681 $ 1,200,000 $ 1,200,000 Miscellaneous 26,527 63,518 48, Bond Proceeds - 6,455, Interest 967 7,848 16,997-1,000 Total Revenues 1,100,218 7,717,856 1,256,673 1,200,000 1,201,000 Other Financing Sources From reserves 40,053-4,106, Transfers in , , ,200 Total Other Financing Sources 40,053-4,664, , ,200 Total Revenues and Other Financing Sources $ 1,140,271 $ 7,717,856 $ 5,921,596 $ 1,598,600 1,679,200 Expenses Operating $ 1,140,271 $ 872,442 $ 1,060,738 $ 815,200 $ 847,500 Street Light Construction - 3,554,319 4,771, Debt Service - 272,873 89, , ,200 Total Expenses 1,140,271 4,699,634 5,921,596 1,213,800 1,325,700 Other Financing Uses To reserves - 3,018, , ,500 Transfers out ,000 90,000 Total Other Financing Uses - 3,018, , ,500 Total Expenses and Other Financing Uses $ 1,140,271 $ 7,717,856 $ 5,921,596 $ 1,598,600 1,679,200 Excess (Deficiency) of Revenues and Other Finance Sources Over (Under) Expenses and Other Financing Uses $ - 34

37 STREET LIGHT UTILITY CASH BALANCE SUMMARY Street Light Debt Operating Construction Service Total CASH BALANCE 01/01/15 $ 42,399 $ - $ - 42,399 Revenues 1,100, ,100,218 Expenses (1,140,271) - - (1,140,271) Adjustment to cash basis 109, ,533 CASH BALANCE 01/01/16 $ 111,879 $ - $ - 111,879 Revenues 1,192,950 6,524,906-7,717,856 Expenses (872,442) (3,554,319) (272,873) (4,699,634) Adjustment to cash basis 46, , , ,477 CASH BALANCE 01/01/17 $ 479,178 $ 3,076,100 $ 96,300 3,651,578 Revenues 1,201,198 55,475-1,256,673 Transfers In - 558, , ,454 Expenses (1,060,738) (4,771,713) (89,145) (5,921,596) Transfers Out (170,418) - - (170,418) Adjustment to cash basis 162, ,137 (81,373) 606,308 CASH BALANCE 01/01/18 $ 611,764 $( 556,965) $ 96, ,999 Revenues (Estimate) 1,200,000 2,482-1,202,482 Transfers In (Estimate) - 797, ,400 1,100,399 Expenses (Estimate) (849,200) - (398,600) (1,247,800) Transfers Out (Estimate) (797,999) - - (797,999) Adjustment to cash basis - (243,516) - (243,516) CASH BALANCE 01/01/19 (Est.) $ 164,565 $ - $ - 164,565 Revenues (Budget) 1,201, ,201,000 Transfers In (Budget) , ,200 Expenses (Budget) (847,500) - (478,200) (1,325,700) Transfers Out (Budget) (90,000) - - (90,000) CASH BALANCE 12/31/19 (Est.) $ 428,065 $ - $ - 428,065 35

38 STREET LIGHT TRANSFER SUMMARY IN OUT FROM/TO 2017 ACTUAL Operating $ - $ 170,418 Debt Service Street Light Construction 558,036 - Parking and River's Edge Debt Service 170,418 - Operating $ 728,454 $ 170, BUDGET Debt Service $ 398,600 $ - Energy Internal Service Operating - 90,000 ERP Project $ 398,600 $ 90, ESTIMATE Debt Service $ 304,400 $ - Energy Internal Service $ 304,400 $ BUDGET Operating $ - $ 90,000 ERP Project Debt Service 478,200 - Energy Internal Service $ 478,200 $ 90,000 36

39 STREET LIGHT UTILITY The following is a multi-year comparison of the Street Light Utility expenses by category: Category Actual Actual Actual Budget Budget Personal Services $ 173,232 $ 173,865 $ 212,858 $ 203,900 $ 213,600 Supplies 74,456 75, ,045 52,000 52,000 Services and Charges 892,583 4,074,966 2,046, , ,900 Capital Outlay - 266,282 3,289,665-20,000 Debt Service - 108,852 89, , ,200 Transfers ,000 90,000 Total $ 1,140,271 $ 4,699,636 $ 5,751,177 $ 1,303,800 $ 1,415,700 Staffing Permanent Employees Detail of Debt Service G.O. Tax Abatement Bonds, Series 2016B $ - $ 108,852 $ 89,145 $ 398,600 $ 478,200 37

40 PARKING SYSTEM Department Contact: Patrick Shea Director (320) Description: The Parking System operates five parking ramps and maintains the permit parking lots and metered on-street parking. Mission: It is the mission of the Parking System to maintain and provide parking for visitors, workers, shoppers, and people who conduct business downtown. In pursuit of this mission, the Parking System Division has metered, permit, and attendant parking stalls. Budget Highlights: There are no proposed rate increases in the 2019 budget. The budget includes $60,000 for repair and maintenance items at the Paramount Ramp. Capital outlay of $12,500 for an aqueous parts washer. Objectives: Provide leadership for the planning, funding, and implementation of public parking facilities to meet the need of the downtown area. Supply management and oversight services to ensure the efficient operation of the downtown parking system. Continue to improve the quality and reliability of parking equipment through maintenance and repair services. Ensure adequate parking stalls are available where needed in the downtown area. Fund Support: Primarily, revenues obtained from parking meters and the sale of parking permits support the Parking System Fund. Also, included are revenues generated at the Centre Square, Paramount, Grand Central and River s Edge East & West Parking Ramps. A transfer from the General Fund, representing a payment of a portion of the parking fines from the downtown tickets is also included in the total Parking System revenues. 38