CITY OF SEWARD Comprehensive List of all Budget Changes by Fund/ Department AMENDMENTS FROM 2014/2015 PRELIMINARY BUDGET General Fund: 2014 Budget 2015 Budget Positive( negative) Positive( negative) financial impact adjustment Description Department 25,000) 25,000) Add a contribution to Boys& Girls club Contributions( 1191) 15,000) 15,000) Increase contributions to Senior Center Contributions( 1191) 13,403) 14,610) Add part-time animal control costs Animal Control( 1212) 2, 148) 3, 132) Add part-time animal control costs Debt Service( 1910) 15,000) One-time cost for property appraisals( split 50/50 with Harbor) Comm. Dev.( 1150) 52, 783 Freeze merit increases only during 2015 Various 8, 452 Freeze merit increases only during 2015( reduces PERS) Debt Service( 1910) 55,549 11, 507 Increase sales tax estimate Revenues( 0000) Overall impact on General Fund reserves Harbor Enterprise Fund: 15,000 Split cost of property appraisals with Community Development 7, 959 Freeze merit increases only during 2015 1, 243 Freeze merit increases only during 2015( reduces PERS) 24, 202 Overall Harbor savings( increase to Harbor reserves) Electric Enterprise Fund: 2, 970 Freeze merit increases only during 2015 474 Freeze merit increases only during 2015( reduces PERS) 3,444 Overall Electric savings( increase to Electric reserves) Water Enterprise Fund: 1, 159 Freeze merit increases only during 2015 191 Freeze merit increases only during 2015( reduces PERS) 1, 350 Overall Water savings( increase to Water reserves) Wastewater Enterprise Fund: 1166 Freeze merit increases only during 2015 191 Freeze merit increases only during 2015( reduces PERS) 1, 357 Overall Wastewater savings( increase to Wastewater reserves) Motor Pool Fund: No proposed changes No impact on Motor Pool reserves Hospital Debt Service: No proposed changes No impact on Hospital Debt Service reserves
Sponsored by: Hunt CITY OF SEWARD, ALASKA RESOLUTION 2013-080 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, ADOPTING THE CITY GENERAL FUND BIENNIAL OPERATING BUDGET FOR CALENDAR YEAR 2014 AND 2015 AND SETTING THE MILL RATE WHEREAS, the City Manager has submitted to the City Council a proposed biennial budget for the City of Seward for Calendar Years 2014 and 2015; and WHEREAS, the preliminary biennial budget was reviewed by the City Council in budget work sessions on September 16, 19, and 24, 2013, which were televised to the public; and WHEREAS, a public hearing is scheduled on the proposed budget for October 28, 2013 with an additional public hearing and final adoption scheduled for November 12, 2013. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The City General Fund Biennial Operating Budget for Calendar Years 2014 and 2015 which are attached hereto and made a part hereof by reference and which contain estimated revenues and expenditures for the period January 1, 2014 - December 31, 2015, is HEREBY ADOPTED, and the necessary funds are hereby appropriated. Section 2. The total assessed valuation as determined by the Kenai Peninsula Borough Assessor, and any supplemental assessment rolls for said period which may be certified by the Borough Assessor at a future date, shall be the basis for computing estimated property tax revenues for the City of Seward, Alaska. Section 3. The rate of levy on the 2014 real and personal property tax rolls shall be unchanged, and is hereby levied at the rate of 3.12 mills per dollar of assessed valuation in Municipal Service Zones One (Borough designation TCA 40) and Two (Borough designation TCA 41). Section 4. This resolution shall take effect immediately upon adoption.
CITY OF SEWARD, ALASKA RESOLUTION 2013-080 PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 12 th day of November, 2013. THE CITY OF SEWARD, ALASKA Jean Bardarson, Mayor AYES: NOES: ABSENT: ABSTAIN: ATTEST: Johanna Kinney, CMC City Clerk (City Seal)
CITY OF SEWARD Comprehensive List of all Budget Changes by Fund/ Department AMENDMENTS FROM 2014/ 2015 PRELIMINARY BUDGET General Fund: 2014 Budget 2015 Budget Positive( negative) Positive( negative) financial impact adjustment Description Department 25, 000) 25,000) Add a contribution to Boys& Girl' s club Contributions( 1191) 15, 000) 15,000) Increase contributions to Senior Center Contributions( 1191) 13, 403) 14, 610) Add part-time animal control costs Animal Control( 1212) 2, 146) 3, 132) Add part-time animal control costs Debt Service( 1910) 15,000) One-time cost for property appraisals( split 50/ 50 with Harbor) Comm. Dev.( 1150) 52, 783 Freeze merit increases only during 2015 Various 8, 452 Freeze merit increases only during 2015( reduces PERS) Debt Service( 1910) 55, 549 11, 507 Increase sales tax estimate Revenues( 0000) Overall impact on General Fund reserves Harbor Enterprise Fund: 15, 000 Split cost of property appraisals with Community Development 7, 959 Freeze merit increases only during 2015 1, 243 Freeze merit increases only during 2015( reduces PERS) 24, 202 Overall Harbor savings( increase to Harbor reserves) Electric Enterprise Fund: 2, 970 Freeze merit increases only during 2015 474 Freeze merit increases only during 2015( reduces PERS) 3, 444 Overall Electric savings( increase to Electric reserves) Water Enterprise Fund: 1, 159 Freeze merit increases only during 2015 191 Freeze merit increases only during 2015( reduces PERS) 1, 350 Overall Water savings( increase to Water reserves) Wastewater Enterprise Fund: 1166 Freeze merit increases only during 2015 191 Freeze merit increases only during 2015( reduces PERS) 1, 357 Overall Wastewater savings( increase to Wastewater reserves) Motor Pool Fund: No proposed changes No impact on Motor Pool reserves Hospital Debt Service: No proposed changes No impact on Hospital Debt Service reserves
GENERAL FUND Budgeted Statement of Revenues, Expenditures, Other Financing Sources ( Uses) and Changes in Fund Balance For Fiscal Year 20I4 and 20I5 ( as Amended) 2012 2013 2014 2015 2013-2014 2014-2015 Revenue: Actual Budget Budget Budget Change Change Taxes 5, 661, I36 5, 685,337 5, 834, 149 5, 883, 957 2.6% 0.9% Licenses and Permits 159, 114 162,675 163, 350 163, 350 0.4% 0.0% Intergovernmental 1, 953,472 1, 605, 603 1, 636,6I0 1, 636, 610 1. 9% 0.0% Charges for Services 2,558,655 2,628,910 2,600,873 2,619, 1 10 1. 1% 0.7% Fines and Bails 8,386 12,000 9,000 10,000 25.0% 1 1. I% Interest 56,691 91, 000 53, 000 53, 000 41. 8% 0.0% Miscellaneous 33,888 28,200 22, 700 22, 700 19. 5% 0.0% Total Revenue: I0,431, 342 $ I0,2I3,725 I0,3I9,682 $ I0,388,727 I.0% 0.7% Expenditures: General Government 2,630, 188 2, 744,644 2,880,415 2,857, 169 4.9% 0.8% Public Safety 3, 281, 843 3, 264,325 3, 315,552 3, 388, 369 1. 6% 2.2% Public Works 1, 765,634 I, 574,502 1, 602,960 1, 587,077 1. 8% 1. 0% Parks and Recreation 1259,052 1261, 469 1, 251, 166 1, 257,046 0.8% 0.5% Library 419,210 514,250 545, 822 545, 761 6. 1% 0.0% Debt Service 809,525 1, 040,648 1, 069,951 1, 095,433 2. 8% 2.4% Total Expenditures: I0,I65,452 $ I0,399,838 10,665, 866 $ I0,730,855 2.6% 0.6% Excess of revenues over expenditures 265, 890 186, 113 346, I84 -$ 342, 128 86.0% 1. 2% Other financing sources( uses): Operating transfers( to) other funds 2,267,584 1, 630,099 1, 582,500-1, 630,020 2.9% 3.0% Operating transfers from other funds 3, 378,612 2,012,324 1, 928,684 1, 972, 148 4.2% 2.3% Net other sources( uses) financing 1, 111, 028 382,225 346, 184 342, 128 9.4% I.2% Annual surplus( deficit) 1, 376,9I8 I96, I12 0 0 I00.0% 100.0% Fund balance at of year beginning 6,034,425 7,4I 1, 343 7,607,455 7,607,455 2.6% 0.0% Fund balance at end of year Non-spendable: Inventory, Prepaids, Unrealized gains 457,897 400,000 400,000 400,000 0.0% 0.0% Restricted: 0 0 0 0 0.0% 0.0% Committed: Working Capital 1, 500,000 1, 500,000 1, 500,000 1, 500,000 0.0% 0.0% Insurance Reserves 126,4I8 126,418 126,4I8 126,418 0.0% 0.0% Hospital Cash Flow 500,000 500,000 500,000 500,000 0.0% 0.0% Miscellaneous Committed 0 0 0 0 0.0% 0.0% Assigned: Future anticipated budget deficit 0 0 0 0 0.0% 0.0% Unassigned: 4,827,028 5, 081, 037 5, 081, 037 5, 081, 037 0.0% 0.0% Total Fund Balance 7,411, 343 $ 7,607,455 7,607,455 $ 7,607,455 0.0% 0.0% Ties to Comprehensive Annual Financial Report
GENERAL FUND Budgeted Statement of Revenues, Expenditures, Other Financing Sources( Uses) and Changes in Fund Balance For Fiscal Year 20I4 and 20I5 f C' 1 2012 2013 2014 2015 2013-2014 2014-2015 Actual Budget Budget Budget Change Change Revenue: X341144 $ 88a1S1 Taxes 5, 661, 136 5, 685, 337 5775,G00 5, 872, 150 1-696 2 4 4446 0* iii Licenses and Permits 159, 114 I62,675 163, 350 I63,350 0.4% 0.0% Intergovernmental I, 953,472 1, 605,603 1, 636,610 1, 636,610 1. 9% 0.0% Charges for Services 2,558,655 2,628,910 2,600,873 2, 619, 110 1. 1% 0.7% Fines and Bails 8,386 12,000 9, 000 10,000 25. 0% 11. 1% Interest 56,691 9I, 000 53, 000 53,000 41. 8% 0.0% Miscellaneous 33,888 28,200 22, 700 22, 700 19. 5% 0.0% Total Revenue: I0,43I,342 $ I0,213,725 Expenditures: General Government 2,630, 188 2, 744,644 Public Safety 3, 281, 843 3, 264,325 21fo41S 1 Public Works 1, 765,634 1, 574,502 1, 602,960 `= Zas1.1109 9 01Q- 9 i, 94` 41 3. 5% 0.8% 1. 2% 2.8% 1. 8% 0.6% Parks and Recreation 1, 259,052 1, 261, 469 1, 251, 166 0.8% 0.8% if l Library 419,210 5I4,250 545,822 6. 1% 0.9% t, $ Debt Service 809, 525 1, 040,648 1, 067,805 2.6% 3. 1% Total Expenditures: I0, I65,452 $ 10,399,838 t0;s1e;3i7. 5 19;719, 348 1-.414. lbw4v.4' 10430/ 0. 23. 0. 6 Excess of revenues over expenditures 265,890 I86, II3 346, I84 -$ 342,I28 86. 0% 1. 2% Other financing sources( uses): transfers( Operating to) other funds 2,267,584 1, 630,099 1, 582,500-1, 630,020 2.9% 3. 0% transfers Operating from other funds 3, 378,612 2,012,324 1, 928,684 1, 972, 148 4.2% 2. 3% Net other sources( uses) financing 1, 111, 028 382225 346, 184 342, 128 9.4% 1. 2% Annual surplus( deficit) I,376,9I8 196, 112 0 0 I00.0% 100.0% Fund balance at beginning of year 6,034,425 7,4I I,343 7,607,455 7,607,455 2.6% 0.0% Fund balance at end of year Non-spendable: Inventory, Prepaids, Unrealized gains 457,897 400,000 400,000 400,000 0.0% 0.0% Restricted: 0 0 0 0 0.0% 0.0% Committed: Working Capital 1, 500,000 1, 500,000 1, 500,000 1, 500,000 0.0% 0.0% Insurance Reserves 126,418 126,418 126,418 126,418 0.0% 0.0% Hospital Cash Flow 500,000 500,000 500,000 500,000 0.0% 0.0% Miscellaneous Committed 0 0 0 0 0.0% 0.0% Assigned: Future anticipated budget deficit 0 0 0 0 0.0% 0.0% Unassigned: 4,827,028 5, 081, 037 5, 081, 037 5, 081, 037 0.0% 0.0% Total Fund Balance 7,411, 343 $ 7,607,455 7,607,455 $ 7,607,455 0.0% 0.0% Ties to Comprehensive Annual Financial Report
GENERAL FUND Budgeted Revenue Detail For 2OI4 and 20I5 (as Amended) 20I2 2013 2014 2015 20I3-2014 20I4-2015 Account Name Actual Budget Budget Budget Change % Change TAXES: Property Taxes Real Property ( 3. 12 mills) 703, 733 732,871 715,000 720,000 2.4% 0.7% Personal Property ( Vehicle Property Total Property 3. 12 mills) 284,492 250,000 285,000 290,000 14.0% 1. 8% Tax 25, 355 28,000 28,000 28,000 0.0% 0.0% Taxes 1, 0I3,580 $ I,0I0,871 $ 1, 028,000 $ I,038,000 I.7% I. 0% Other Taxes Hotel/ Motel Room Tax ( 4%) 380,210 350,000 385,000 388,850 10.0% 1. 0% Sales Tax( 4%) 4, 189, 330 4,248,066 4,345,549 4,381, 507 2.3% 0.8% Tax Penalties 1, 856 1, 400 1, 600 I, 600 14. 3% 0.0% Payments- in- Lieu of Tax- ASLC, 0 76, 160 75,000 74,000 74,000 1. 3% 0.0% Total Other Taxes 4,647,556 4, 674,466 4, 806, 149 4,845,957 2. 8% 0.8% Total Taxes 5,661, 136 $ 5,685,337 $ 5, 834, 149 $ 5, 883, 957 2. 6% 0.9% LICENSES& PERMITS: Taxi Permits 740 1, 000 1, 000 1, 000 0.0% 0.0% Building Dog Permits 48,866 40,000 50,000 50,000 25.0% 0.0% License 480 775 350 350 54.8% 0.0% DMV Revenues 85, 378 96,000 89,000 89, 000 7. 3% 0.0% Miscellaneous 1, 930 4,400 2,000 2,000 54.5% 0.0% City Business License 21, 720 20,500 21, 000 21, 000 2.4% 0.0% Total Licenses and Permits 159, 1 14 $ I62,675 $ 163,350 163,350 0.4% 0.0% INTERGOVERNMENTAL REVENUE: Liquor Tax 17, 100 16,000 22,000 22,000 37. 5% 0.0% Raw Fish Tax/ Shared Fish. Bus. Ta 519, 689 520,000 520,000 520,000 0.0% 0.0% Fisheries Resource Landing Tax I3,889 0 0 0 0.0% 0.0% Shared Revenue and PERS On- Beha 700,217 220,000 250,000 250,000 13. 6% 0.0% Jail Contract 567, 395 745,470 745,470 745, 470 0.0% 0.0% State Dispatch Contract 48, 500 48,500 48,500 48, 500 0.0% 0.0% Genl Fund- related Grant Revenues 36,042 5, 953 0 0 100.0% 0.0% KPB 9l I Dispatch 50, 640 49, 680 50, 640 50,640 1. 9% 0.0% Total Intergovernmental I, 953,472 $ 1, 605,603 $ 1, 636,6I0 $ I, 636,6I0 1. 9% 0.0%
GENERAL FUND Budgeted Revenue Detail For 2OI4 and 2OI5 ( as Amended) 20I2 2013 2014 2015 20I3-20I4 2014-2015 Account Name Actual Budget Budget Budget Change % Change CHARGES FOR SERVICES: General Government Copying 9, 107 14,000 9,000 9,000 35.7% 0.0% Sales Tax Credit for Prompt Remit 3, 000 4,000 4,000 4,000 0.0% 0.0% Zoning Fees I25 250 250 250 0.0% 0.0% Project Management 50, 183 30,000 0 0 100.0% 0.0% Admin.- SMIC 86,688 86,688 88,427 88,869 2.0% 0.5% Admin.- Harbor 324,795 324,795 33I, 291 332,948 2.0% 0.5% Admin.- Parking 9,889 9,715 9, 909 9,959 2.0% 0.5% Admin.- Electric 847,29I 847,291 864,237 868,558 2.0% 0.5% Adinin.- Water 233, 744 233,744 238,4I9 239,611 2.0% 0.5% Admin.- Sewer I42,745 142,745 145, 600 146,328 2.0% 0.5% Adinin.- Jail 81, 465 82,907 86,990 90,037 4.9% 3. 5% Total General Government I, 789,032 $ I, 776, I35 $ I,778, I23 $ I, 789, 560 0. I% 0. 6% Public Safety Dog Pound Revenue 2,090 2,200 2,200 2,200 0.0% 0.0% Misc. Jail Revenue 1, 890 800 1, 500 1, 500 87. 5% 0.0% Misc. Dispatching 10, 833 10,000 10,000 10, 000 0.0% 0.0% Total Public Safety I4,813 I3,000 13,700 I3,700 5.4% 0.0% Public Works Shop Work Orders 2,835 2,200 2,800 2,800 27. 3% 0.0% Total Public Works 2, 835 2,200 2,800 2,800 27.3% 0.0% Parks& Recreation Public Use 3, 320 4,500 3, 500 3, 500 22.2% 0.0% Punchcards 19, 532 34,200 20,000 20,000 41. 5% 0.0% Class Registrations 62, 324 75,000 64,000 64,000 14. 7% 0.0% Facility Rental 600 350 650 650 85. 7% 0.0% Tournaments 3, 724 10,200 10,000 10,000 2.0% 0.0% Special Events 25, 373 18,000 20,000 20,000 11. 1% 0.0% Shower Fees I I, 269 1 1, 000 11, 000 I I, 000 0.0% 0.0% Rock Wall Climbing Fees 828 5,000 I, 200 I, 200 76.0% 0.0% Pavilion Fees 3, 861 4,000 4,000 4,000 0.0% 0.0% Camping Fees 25I, 951 261, 000 265,000 270,000 1. 5% I. 9% Mini-service Campground Fees 223, 252 225,000 220,000 220,000 2.2% 0.0% Dump Station Fee 0 20,000 5,000 5, 000 75.0% 0.0% Miscellaneous Revenue 1, 186 1, 700 1, 200 1, 200 29.4% 0.0% Work Orders 2, I22 1, 500 0 0 100.0% 0.0% Total Parks& Recreation 609, 342 $ 67I, 450 $ 625,550 630,550 6.8% 0.8%
GENERAL FUND Budgeted Revenue Detail For 20I4 and 20I5 ( as Amended) 20I2 20I3 2014 2015 20I3-2014 20I4-2015 Account Name Actual Budget Budget Budget Change % Change Library Service Revenue 5, 995 9,000 I2,000 I3,000 33. 3% 8.3% Circulation Revenue 3, 213 6,800 7,000 7,500 2.9% 7. 1% Museum Revenue 0 I0,000 I2,000 12,000 20.0% 0.0% Total Library 9,208 25,800 3I,000 32,500 20.2% 4.8% Rents& Leases Land Rent& Lease 47, 700 50,325 54, 700 55,000 8. 7% 0.5% Jail Facility Rent 30,000 30,000 30,000 30,000 0.0% 0.0% Municipal Building Rent 55, 725 60,000 65,000 65,000 8. 3% 0.0% Total Rents& Leases I33,425 140,325 149,700 150,000 6. 7% 0.2% Total Charges for Services 2, 558, 655 $ 2, 628,910 $ 2, 600,873 $ 2, 6I9, 1I0 I. I% 0.7% FINES AND BAILS: 8, 386 I2,000 9,000 I0,000 25.0% I I. I% PENALTIES& INTEREST: Investments 53, 939 76,000 50,000 50,000 34.2% 0.0% Customer Penalties& Interest 2, 752 15, 000 3,000 3, 000 80.0% 0.0% Total Penalties and Interest 56, 69I 9I,000 53,000 53,000 41. 8% 0.0% MISCELLANEOUS: Sales of Surplus Equipment 2,980 2,000 2,000 2,000 0.0% 0.0% Garbage Contract I3, 674 I 5,400 15, 000 15, 000 2. 6% 0.0% SVAC Maintenance Fee 0 2,400 0 0 100.0% 0.0% City Clerk Fees I29 250 200 200 20.0% 0.0% Collection of Bad Debts 2, I77 1, 000 0 0 100.0% 0.0% Vending Machine Fees 3, 84I 4,000 2,500 2,500 37. 5% 0.0% Other Miscellaneous 11, 087 3, 150 3, 000 3, 000 4.8% 0.0% Total Miscellaneous 33, 888 28,200 22,700 22,700 19.5% 0.0% Total General Fund Revenue I0,431, 342 $ I0,213, 725 $ I0,319,682 $ I0,388,727 I.0% 0. 7%
GENERAL FUND Budgeted Revenue Detail For 20I4 and 20I5 tgeo` ln 20I2 2013 20I4 2015 2013-2014 20I4-2015 Account Name Actual Budget Budget Budget Change % Change TAXES: Property Taxes Real Property ( 3. 12 mills) 703, 733 732,87I 71 5,000 720,000 2.4% 0.7% Personal Property ( 3. 12 mills) 284,492 250,000 285,000 290,000 14.0% 1. 8% Vehicle Property Total Property Tax 25, 355 28,000 28,000 28,000 0.0% 0.0% Taxes I,0I3,580 $ 1, 010,87I $ 1, 028,000 $ I, 038,000 1. 7% 1. 0% Other Taxes Hotel/ Motel Room Tax ( 4%) 380,210 350,000 385,00 38$$850 I0. / 1. 0 o 4 Slsna' Z 7/ o o ' i. Sales Tax( 4%) 4, 1 89, 330 4,248,066 8, r} g% Tax Penalties 1, 856 I, 400 1, 600 1, 600 14.3% 0.0% Payments- in- Lieu of Tax- ASLC, 0 76, 160 75,000 74,000 74,000 1. 3% 0.0% Total Other Taxes 4,647,556 4, 674,466 4,759,60 1, 839, 450 6% gq 4stbio, 149 gi* 5, 431 2. 8 b.7 Total Taxes 5,661, I36 $ 5,685,337 $ x,690 $ x,872, 450 1, 6% 4-:( 70/8 St 3N149 S' S134ri 2. 4, 0. 9 LICENSES& PERMITS: Taxi Permits 740 1, 000 1, 000 1, 000 0.0% 0.0% Building Dog Permits 48, 866 40,000 50,000 50,000 25.0% 0.0% License 480 775 350 350 S4.8% 0.0% DMV Revenues 85, 378 96,000 89,000 89,000 7. 3% 0.0% Miscellaneous 1, 930 4,400 2,000 2,000 54. 5% 0.0% City Business License 2I, 720 20,500 21, 000 21, 000 2.4% 0.0% Total Licenses and Permits 159, 1I4 $ I62,675 $ I63,350 I63,350 0.4% 0.0% INTERGOVERNMENTAL REVENUE: Liquor Tax 17, 100 16,000 22,000 22,000 37. 5% 0.0% Raw Fish Tax/ Shared Fish. Bus. Ta 519, 689 520,000 520,000 520,000 0.0% 0.0% Fisheries Resource Landing Tax 13, 889 0 0 0 0.0% 0.0% Shared Revenue and PERS On- Beha 700,217 220,000 250,000 250,000 13. 6% 0.0% Jail Contract 567, 395 745,470 745,470 745, 470 0.0% 0.0% State Dispatch Contract 48, 500 48,500 48,500 48, 500 0.0% 0.0% Gerd. Fund- related Grant Revenues 36,042 5, 953 0 0 100.0% 0.0% KPB 911 Dispatch 50, 640 49, 680 50,640 50, 640 1. 9% 0.0% Total Intergovernmental I,953,472 $ 1, 605, 603 $ 1, 636,6I0 $ I, 636,6I0 1. 9% 0.0%
GENERAL FUND Budgeted Revenue Detail For 20I4 and 20I5 N O 4At4 6IE G 20I2 2013 20I4 2015 20I3-20I4 20I4-2015 Account Name Actual Budget Budget Budget Change % Change CHARGES FOR SERVICES: General Government Copying 9, I07 I4,000 9, 000 9,000 35. 7% 0.0% Sales Tax Credit for Prompt Remit 3, 000 4,000 4,000 4,000 0.0% 0.0% Zoning Fees I25 250 250 250 0.0% 0.0% Project Management 50, 183 30,000 0 0 100.0% 0.0% Admin.- SMIC 86, 688 86,688 88,427 88, 869 2.0% 0. 5% Admin.- Harbor 324, 795 324,795 331, 291 332,948 2.0% 0.5% Admin.- Parking 9, 889 9, 715 9,909 9, 959 2.0% 0. 5% Admin.- Electric 847,29I 847,291 864,237 868, 558 2.0% 0. 5% Admin.- Water 233,744 233, 744 238,419 239,611 2.0% 0. 5% Admin. - Sewer 142,745 142,745 145,600 146,328 2.0% 0. 5% Admin.- Jail 81, 465 82, 907 86,990 90,037 4.9% 3. 5% Total General Government 1, 789,032 $ I,776, I35 $ I, 778, 123 $ 1, 789, 560 0. 1% 0. 6% Public Safety Dog Pound Revenue 2,090 2,200 2,200 2,200 0.0% 0.0% Misc. Jail Revenue 1, 890 800 I, 500 1, 500 87.5% 0.0% Misc. Dispatching 10, 833 10,000 I0,000 10,000 0.0% 0.0% Total Public Safety I4,813 13,000 I3,700 13,700 5. 4% 0.0% Public Works Shop Work Orders 2,835 2,200 2,800 2,800 27.3% 0.0% Total Public Works 2,835 2,200 2, 800 2,800 27.3% 0.0% Parks& Recreation Public Use 3, 320 4, 500 3, 500 3, 500 22.2% 0.0% Punchcards I9,532 34,200 20,000 20,000 41. 5% 0.0% Class Registrations 62,324 75,000 64,000 64,000 14.7% 0.0% Facility Rental 600 350 650 650 85.7% 0.0% Tournaments 3, 724 10,200 I0,000 I0,000 2.0% 0.0% Special Events 25, 373 18, 000 20,000 20,000 11. 1% 0.0% Shower Fees I 1, 269 11, 000 1 1, 000 I 1, 000 0.0% 0.0% Rock Wall Climbing Fees 828 5,000 1, 200 I, 200 76.0% 0.0% Pavilion Fees 3, 861 4,000 4,000 4,000 0.0% 0.0% Camping Fees 251, 951 261, 000 265,000 270,000 1. 5% 1. 9% Mini-service Campground Fees 223, 252 225,000 220,000 220,000 2.2% 0.0% Dump Station Fee 0 20,000 5,000 5,000 75.0% 0.0% Miscellaneous Revenue 1, 186 1, 700 I, 200 I, 200 29.4% 0.0% Work Orders 2, 122 1, 500 0 0 I00.0% 0.0% Total Parks& Recreation 609, 342 $ 67I,450 $ 625,550 630,550 6. 8% 0. 8%
GENERAL FUND Budgeted Revenue Detail For 20I4 and 20I5 geptin6 20I2 20I3 2014 20I5 2013-2014 2014-2015 Account Name Actual Budget Budget Budget Change % Change Library Service Revenue 5, 995 9, 000 I2,000 13, 000 33. 3% 8. 3% Circulation Revenue 3, 2I3 6,800 7,000 7, 500 2.9% 7. 1% Museum Revenue 0 10,000 12, 000 12, 000 20.0% 0.0% Total Library 9,208 25,800 3I,000 32,500 20.2% 4.8% Rents& Leases Land Rent& Lease 47, 700 50,325 54, 700 55,000 8. 7% 0. 5% Jail Facility Rent 30,000 30,000 30,000 30,000 0.0% 0.0% Municipal Building Rent 55,725 60,000 65,000 65,000 8.3% 0.0% Total Rents& Leases 133, 425 140, 325 149, 700 I50,000 6.7% 0.2% Total Charges for Services 2, 558, 655 $ 2, 628,910 $ 2,600,873 $ 2, 619, 1 10 I. I% 0.7% FINES AND BAILS: 8, 386 12,000 9, 000 I0,000 25.0% I I. I% PENALTIES& INTEREST: Investments 53, 939 76,000 50,000 50,000 34.2% 0. 0% Customer Penalties& Interest 2, 752 15, 000 3, 000 3, 000 80.0% 0. 0% Total Penalties and Interest 56, 69I 9I,000 53, 000 53, 000 4I. 8% 0.0% MISCELLANEOUS: Sales of Surplus Equipment 2,980 2,000 2,000 2,000 0.0% 0.0% Garbage Contract 13, 674 15, 400 15, 000 15,000 2.6% 0.0% SVAC Maintenance Fee 0 2,400 0 0 100.0% 0.0% City Clerk Fees 129 250 200 200 20.0% 0.0% Collection of Bad Debts 2, I77 1, 000 0 0 100.0% 0.0% Vending Machine Fees 3, 841 4,000 2,500 2,500 37.5% 0.0% Other Miscellaneous 11, 087 3, 150 3, 000 3, 000 4.8% 0.0% Total Miscellaneous 33, 888 28,200 22,700 22,700 I9.5% 0.0% Total General Fund Revenue 10,431, 342 $ I0,2I3,725 $ 40264713'5 $ 1-9,39-7`220 0.5% I. I% i0, 42. Jo, 3fl,4Za- aliv,
GENERAL FUND Expenditure Totals by Department ( Budget) For 2OI4 and 20I5 (as Amended) 2012 2013 2014 2015 2013-2014 2014-2015 DEPARTMENT Actual Budget Budget Budget Chg Chg General Government: Mayor/ Council 333, I38 341, 900 374,492 344,542 9. 5% 8. 0% Legislative 57, 125 35,654 35,248 35, 966 1. 1% 2.0% Legal 89,824 125,000 I30,000 130,000 4.0% 0.0% City Manager 394, 180 398,997 406,046 406,996 1. 8% 0.2% Management Information Systems 255, I21 263,648 290,409 288, 396 10.2% 0.7% City Clerk 254,676 265,973 273,396 266,601 2.8% 2. 5% Finance 690,867 696,835 718,700 730,641 3. 1% 1. 7% Community Development 227,999 270,880 285, 119 304,627 5. 3% 6. 8% General Services 55, 060 53, 337 76,900 59, 400 44.2% - 22. 8% Contributions 272, 198 292,420 290, 105 290,000 0.8% 0.0% Total General Government 2,630, I88 $ 2,744,644 $ 2,880,4I5 $ 2,857, I69 4.9% - 0.8% Public Safety: Police 1, 805,299 I, 834,096 1, 827,063 1, 868, 692 0.4% 2. 3% Jail 627,075 651, 802 670,419 684,203 2.9% 2. 1% Animal Control 64, 142 68,322 105, 453 I06,987 54.3% 1. 5% Fire 654,770 578, 511 582, 118 596,747 0.6% 2. 5% Building Inspection 130,557 131, 594 130,499 13I, 740 0.8% 1. 0% Total Public Safety 3,281, 843 $ 3,264,325 $ 3, 315,552 $ 3, 388,369 1. 6% 2.2% Public Works: Roads and Streets 1, 066,004 870,967 861, 039 868, 672 1. 1% 0. 9% City Shop 378,714 385,025 403, 684 383, 829 4.8% 4. 9% Municipal Building, Comm. Ctr 320,916 318,510 338,237 334,576 6.2% 1. 1% Total Public Works 1, 765, 634 $ I, 574,502 $ I,602,960 51, 587,077 1. 8% - I.0% Parks and Recreation Sports and Recreation 251, 638 284,242 277,201 280,560 2. 5% 1. 2% Teen and Youth Center 297,498 325,397 301, 031 308,512 7.5% 2. 5% Campgrounds and Parks 709,916 651, 830 672,935 667,974 3.2% 0. 7% Total Parks& Recreation I,259,052 $ 1, 26I,469 $ I,25I, 166 $ 1, 257,046 0.8% 0. 5% Library 419,2I0 514,250 $ 545, 822 545, 761 6. 1% 0.0% Debt Service 809,495 $ 1, 040,648 $ I,069,951 $ 1, 095,433 2.8% 2.4% TOTALS: I0,165,422 $ I0,399, 838 $ 10,665, 866 $ I0,730,855 2.6% 0.6%
GENERAL FUND Expenditure Totals by Department ( Budget) For 20I4 and 20I5 E DL I N 2012 2013 2014 2015 2013-2014 2014-2015 DEPARTMENT Actual Budget Budget Budget Chg Chg General Government: Mayor/ Council 333, I38 341, 900 374,492 344,542 9. 5% 8.0% Legislative 57, 125 35,654 35,248 36,,.3I7 3S166-1. 1% 3. 0% Legal 89,824 125, 000 I30,000 130,000 4.0% 0. 0% City Manager 394, 180 398,997 406,046 4az,88I ' 1 6996 1. 8% 0. 5% Management Information Systems 255, 121 263,648 290,409 2449175 VIM 10.2% 0. 1% City Clerk 254,676 265,973 273,396 21197894 2666 1 2.8% 2.0% Finance 690,867 696,835 718,700 g.3s`707 730Li1 3. 1% 2. 8% Community Development 227,999 270,880 285, 119 290,999 30vaq. 5.3% 2. 1% General Services 55,060 53, 337 296, l 59, 400 44.2% - 22.8% Contributions 272, 198 292,420 tlf IOS 259,000 210004 14. 5% 0.0% Total General Government 2,630,I88 $ 2,744,644 $ 2,84074 I5 $ 2,8I6,5I5 3. 5% - 0. 8% z, 190, los Public Safety: Police 1, 805,299 1, 834,096 1, 827,063 835 1$`' 8` 92-0.4% 2.9% Jail 627,075 651, 802 670,419 F897 84 6IN2032.9% 2.9% Animal Control 64, 142 68,322 92-Asio jopit3 93, 658 / 0418734.7% 1. 7% Fire 654,770 578,511 582, 118 099 )47 PiG7t17 0.6% 3. 2% Building Inspection 130,557 131, 594 130,499 131, 740 0.8% 1. 0% Total Public Safety 3,28I,843 $ 3,264,325 $ 3,302, I19 $ 3, 395,964 1. 2% 2.8% 33l511.2 33 883(. 9 Public Works: Roads and Streets 1, 066,004 870,967 861, 039 61 349 94 Vol 2+- 1. I% 1. 0% City Shop 378,714 385,025 403, 684 38Ẓ,a1til 3 t 3 84.8% 4. 1% Municipal Building, Comm. Ctr 320,916 3I8,510 338,237 337..,430 3395 6.2% 0.3% Total Public Works I,765, 634 $ I,574,502 $ 1, 602,960 $ 45131349 1. 8% - 0.6% Is' Itg077 Parks and Recreation Sports and Recreation 251, 638 284,242 277,201 2& t7604 29o4"1" O- 2. 5% 1. 6% Teen and Youth Center 297,498 325,397 301, 031 3+12171922 3 947Z- 7.5% 3.2% Campgrounds and Parks 709,916 651, 830 672,935 6.69;380 leg747413.2% 0.5% Total Parks& Recreation I,259,052 $ I,26I,469 $ I,25I, 166 $ 31.26t,606 I25 %- 0.8% 0.8% Library 4I9,210 5I4,250 $ 545,822 5.511796I 5i0101 6. 1% 0.9% P0, 61 J 04,x'133 21? z.y Debt Service 809,495 $ 1, 040,648 $ f96 663t" $ 140,Q2.5.1 2r.{440 z 6 0* 10 TOTALS: I0,I65,422 $ I0,399, 838 $ 1.0,64437-3.17 $. 1.0,744448 2.0%, I.(Y;6 0, 4' 1,1" jot 730, gss
Sponsored by: Hunt CITY OF SEWARD, ALASKA RESOLUTION 2013-081 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, ADOPTING THE SMALL BOAT HARBOR ENTERPRISE FUND BIENNIAL BUDGET FOR CALENDAR YEARS 2014 AND 2015 WHEREAS, the City Manager has submitted to the City Council a proposed biennial budget for the City of Seward for Calendar Years 2014 and 2015; and WHEREAS, the biennial budget was reviewed by the City Council in budget work sessions on September 16, 19, and 24, 2013, which were televised to the public; and WHEREAS, a public hearing is scheduled on the proposed budget for October 28, 2013 with an additional public hearing and final adoption scheduled for November 12, 2013. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The Harbor Enterprise Fund biennial budget for Calendar Years 2014 and 2015 which is attached hereto and made a part hereof by reference and which contains estimated revenues and expenses for the period January 1, 2014 - December 31, 2015, is HEREBY ADOPTED, and the necessary funds are hereby appropriated. Section 2. This resolution shall take effect immediately upon adoption. PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 12 th day of November, 2013. THE CITY OF SEWARD, ALASKA Jean Bardarson, Mayor
CITY OF SEWARD, ALASKA RESOLUTION 2013-081 AYES: NOES: ABSENT: ABSTAIN: ATTEST: Johanna Kinney, CMC City Clerk (City Seal)
CITY OF SEWARD Comprehensive List of all Budget Changes by Fund/ Department AMENDMENTS FROM 2014/ 2015 PRELIMINARY BUDGET General Fund: 2014 Budget 2015 Budget Positive( negative) Positive( negative) financial impact adjustment Description Department 25,000) 25, 000) Add a contribution to Boys& Girl's club Contributions( 1191) 15,000) 15, 000) Increase contributions to Senior Center Contributions( 1191) 13,403) 14, 610) Add part-time animal control costs Animal Control( 1212) 2, 146) 3, 132) Add part-time animal control costs Debt Service( 1910) 15, 000) One-time cost for property appraisals( split 50/ 50 with Harbor) Comm. Dev.( 1150) 52, 783 Freeze merit increases only during 2015 Various 8, 452 Freeze merit increases only during 2015( reduces PERS) Debt Service( 1910) 55,549 11, 507 Increase sales tax estimate Revenues( 0000) Overall impact on General Fund reserves Harbor Enterprise Fund 15, 000 Split cost of property appraisals with Community Development 7, 959 Freeze merit increases only during 2015 1, 243 Freeze merit increases only during 2015( reduces PERS) 24,202 Overall Harbor savings( increase to Harbor reserves) Electric Enterprise Fund: 2,970 Freeze merit increases only during 2015 474 Freeze merit increases only during 2015( reduces PERS) 3,444 Overall Electric savings( increase to Electric reserves) Water Enterprise Fund: 1, 159 Freeze merit increases only during 2015 191 Freeze merit increases only during 2015( reduces PERS) 1, 350 Overall Water savings( increase to Water reserves) Wastewater Enterprise Fund: 1166 Freeze merit increases only during 2015 191 Freeze merit increases only during 2015( reduces PERS) 1, 357 Overall Wastewater savings( increase to Wastewater reserves) Motor Pool Fund: No proposed changes No impact on Motor Pool reserves Hospital Debt Service: No proposed changes No impact on Hospital Debt Service reserves
SMALL BOAT HARBOR ENTERPRISE FUND Budgeted Statement of Revenues and Expenses and Change in Net Position For Fiscal Year 20I4 and 20I5 ( as Amended) 20I2 20I3 20I4 20I5 Actual Budget Budget Budget Operating revenue: Moorage I, 572,263 I, 489, 700 I, 60I, 350 I, 637,350 Wharfage 43, 783 55,000 48,000 48,000 Boat Lift Fees 90, 711 I00,000 I I2,000 I I2,000 Power Sales 46I, I23 286,000 360,000 400,000 Passenger Transit Fee 55I, I03 560,000 575,000 575, 000 Rents and Leases 356,2I0 326,4I6 34I, 872 343, 372 Miscellaneous 94,55I I00,750 I06,250 I06,250 Total operating revenue 3, I69,744 2,9I7,866 3, I44,472 3,22I,972 Operating expense before depreciation: Salaries & Benefits I, 005, I03 937,843 I, 023, 326 I, 052,926 Purchased Services 533, I08 300,653 268,050 290,250 Power for Resale 243, 73I I96,000 355,000 365, 000 Supplies and Maintenance 6I, 472 I50,900 I42,000 I42,000 General and Administrative 327,766 372,728 366,078 322, 558 Total operating expense: 2,I7I,I80 I, 958,I24 2, I54,454 2,I72,734 Operating income before depreciation 998,564 959,742 990,0I8 I,049,238 Depreciation I,08I,063 ( a; I, 538, I33 ( b) I, 579,05I ( c) I, 577,7I4 Operating loss 82,499 578,39I 589,033 528,476 Non- operating revenue( expense) Interest& other income 475, 526 I2,500 20,000 20,000 Interest& other expense 999,097 290,302 268, I30 248,055 Total non- revenue( expense) operating 523,57I 277,802 248,I30 228,055 Income( loss) before transfers 606,070 856, I93 837, I63 756, 53I Transfers in 320,000 320,000 260,000 260,000 Capital contributions and special items I, 324,067 0 0 0 Transfers out 599,274 480,4I4 356,724 373, 8I4 Change in net position 438, 723 I,0I6,607 933, 887 870, 345 Beginning net position 22,096,473 22,535, I96 2I,5I8,589 20,584,702 Ending net position 22,535, I96 * $ 2I,5I8,589 20,584,702 $ I9,7I4,357 Ties to annual Comprehensive Annual Financial Report Of total depreciation expense, the following amounts were attributable to capital assets funded with capital contributions: a) 622,I74 or 58%;( b) $ 772,I74 or 49%;( c) $ 954,484 or 60%;( d) $ 954,484 or 6I%
SMALL BOAT HARBOR ENTERPRISE FUND Budgeted Statement of Revenues and Expenses and Change in Net Position For Fiscal Year 20I4 and 20I5 1 EOL1N6 20I2 2013 20I4 2015 Actual Budget Budget Budget Operating revenue: Moorage I, 572,263 I, 489,700 I, 60I, 350 I, 637,350 Wharfage 43, 783 55, 000 48, 000 48,000 Boat Lift Fees 90,7I I 100,000 112,000 I I2,000 Power Sales 461, I23 286,000 360,000 400,000 Passenger Transit Fee 55I, I03 560,000 575,000 575,000 Rents and Leases 356,2I0 326,4I6 34I, 872 343, 372 Miscellaneous 94,551 100, 750 I06,250 I06,250 Total operating revenue 3, I69,744 2,9I7,866 3, I44,472 3, 22I, 972 Operating expense before depreciation: j DS2.9z g, Salaries& Benefits I, 005, I03 937,843 I, 023, 326 1446-21+.28 Purchased Services 533, I08 300,653 268,050 305, 250 Power for Resale 243, 73I I96,000 355,000 365, 000 Supplies and Maintenance 6I, 472 150,900 I42,000 I42,000 General and Administrative 327,766 372, 728 366,078 322,558 Total operating expense: 2, 17I, I80 I, 958, I24 2, 154,454 29-36 anz 104 Operating income before depreciation 998,564 959,742 990,0I8 i-93636 Jolt!'$ Depreciation I,08I,063 ( a I, 538, I33 ( b) I, 579,05I ( c) I, 577,7I4 Operating loss 82,499 578,39I 589,033 45.52,76-?8 Non-operating revenue( expense) Interest& other income 475,526 I2,500 20,000 20,000 Interest& other expense 999,097 290,302 268, I30 248,055 Total non- revenue( expense) operating 523,57I 277,802 248, I30 228,055 Income( loss) before transfers 606,070 856, 193 837, I63 4-780;113 7SCS3( Transfers in 320,000 320,000 260,000 260,000 Capital contributions and special items I, 324,067 0 0 0 Transfers out 599,274 480,4I4 356, 724 373, 8I4 Change in net position 438, 723 1, 0I6,607 933, 887 894757 Beginning net position 22,096,473 22,535, 196 21, 5I8,589 20,584,702 Ending net position 22,535, I96 * $ 2I,5I8,589, 20,584, 702 $. I.916967i$55 Ties to annual Comprehensive Annual Financial Report Of total depreciation expense, the following amounts were attributable to capital assets funded with capital contributions: a) 622,I74 or 58%; ( b) $ 772, I74 or 49%;( c) $ 954,484 or 60%;( d) $ 954,484 or 6I%
CITY OF SEWARD SMALL BOAT HARBOR ENTERPRISE FUND Budgeted Statement of Cash Flow For Fiscal Year 20I4 and 20I5 ( as Amended) 20I3 20I4 20I5 Budget Budget Budget Beginning Cash Balance at I/ I/ I3*: 2,I49,227 Cash is provided by( used for): Change in net position 1, 016, 607 933, 887 870,345 Passenger fee revenues under budget 0 ( a) 0 0 Add expense items not affecting cash Depreciation I, 538, 133 1, 579,05I I, 577,7I4 Net cash provided by operations 52I,526 645, I64 707,369 Other sources ( uses) of cash Debt principal payments 406, I93 469, 885 ( b) 486,254 ( c) Capital outlay 54,900 I75,279 ( d) I96,9I3 ( e) Net increase( decrease) in cash 60,433 0 24,202 Estimated ending cash balance: 2209,660 2209,660 2233,862 Ties to CAFR and includes only Harbor Enterprise Fund; excludes related capital projects a) Passenger fee revenues expected to exceed 20I3 budget by$ 50K but fall short by$ 118K of full bond requirement. b) $ I75K= 2000 Bond;$ 70K= 2005 Float Extension Bond;$ 200K= 2006 South Harbor Bond and$ 24,885 is Travelift loan reimbursement to motor pool fund. c) $ I75K= 2000 Bond;$ 75K= 2005 Float Extension Bond;$ 2I0K= 2006 South Harbor Bond and$ 26,254 is Travelift loan reimbursement to motor pool fund. d) $ 57,810 Motor Pool contributions. $ 117,469 to MRRF. No equipment.
CITY OF SEWARD SMALL BOAT HARBOR ENTERPRISE FUND Budgeted Statement of Cash Flow For Fiscal Year 20I4 and 20I5 REPL'NC. 20I3 20I4 20I5 Budget Budget Budget Beginning Cash Balance at 1/ 1/ 13*: 2,149227 Cash is provided by( used for): 8I Change in net position I, 0I6,607 933, 887 3`iS Passenger fee revenues under budget 0 ( a) 0 0 Add expense items not affecting cash Depreciation I, 538, I33 I,579,05I I, 577,7I4 o71 31,/ Net cash provided by operations 52I,526 645, I64 683,I67 Other sources ( uses) of cash Debt principal payments 406, I93 469,885 ( b) 486,254 ( c) Capital outlay 54,900 I75,279 ( d) I96,9I3 ( e) 29202. Net increase ( decrease) in cash 60,433 0 9 Estimated ending cash balance: 2209,660 2209,660 0O 60 Tics to CAFR and includes only Harbor Enterprise Fund; excludes related capital projects 2 2338 L 2- a) Passenger fee revenues expected to exceed 20I3 budget by$ 50K but fall short by$ 1 I8K of full bond requirement. b)$ I75K= 2000 Bond;$ 70K = 2005 Float Extension Bond;$ 200K= 2006 South Harbor Bond and$ 24,885 is Travelift loan reimbursement to motor pool fund. c)$ I75K= 2000 Bond;$ 75K= 2005 Float Extension Bond;$ 2I0K= 2006 South Harbor Bond and$ 26,254 is Travelift loan reimbursement to motor pool fund. d) $ 57, 8I0 Motor Pool contributions. $ 117,469 to MRRF. No equipment.
Sponsored by: Hunt CITY OF SEWARD, ALASKA RESOLUTION 2013-082 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, ADOPTING THE SMIC ENTERPRISE FUND BIENNIAL BUDGET FOR CALENDAR YEARS 2014 AND 2015 WHEREAS, the City Manager has submitted to the City Council a proposed biennial budget for the City of Seward for Calendar Years 2014 and 2015; and WHEREAS, the biennial budget was reviewed by the City Council in budget work sessions on September 16, 19, and 24, 2013, which were televised to the public; and WHEREAS, a public hearing is scheduled on the proposed budget for October 28, 2013 with an additional public hearing and final adoption scheduled for November 12, 2013. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The SMIC Enterprise Fund budget for Calendar Years 2014 and 2015 which is attached hereto and made a part hereof by reference and which contains estimated revenues and expenses for the period January 1, 2014 - December 31, 2015, is HEREBY ADOPTED, and the necessary funds are hereby appropriated. Section 2. This resolution shall take effect immediately upon adoption. PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 12 th day of November, 2013. THE CITY OF SEWARD, ALASKA Jean Bardarson, Mayor
CITY OF SEWARD, ALASKA RESOLUTION 2013-082 AYES: NOES: ABSENT: ABSTAIN: ATTEST: Johanna Kinney, CMC City Clerk (City Seal)
SMIC ENTERPRISE FUND Budgeted Statement of Revenues and Expenses and Change in Net Position For Fiscal Year 20I4 and 20I5 IV D th t& 20I2 20I3 20I4 20I5 Actual* Budget Budget Budget Operating revenue: Moorage 2,589 3, 000 3, 000 3, 000 Wharfage 13, 347 4,250 4,250 4,250 Boat Lift Fees 102,873 115,000 100,000 100,000 Power Sales 31, 957 36,000 34,000 36,000 Storage 121, 943 100,000 110,000 110,000 Rents and Leases 136,586 140,048 142,000 148, 000 Miscellaneous 5, 442 1, 000 4,000 4,000 Total operating revenue: 414,737 399,298 397,250 405,250 Operating expense before depreciation: Salaries& Benefits 74,278 67,706 83,944 87, 169 Purchased Services 104,352 128, 400 I06,900 107,400 Supplies and Maintenance 51, 408 55,000 53, 500 53, 500 General and Administrative 96,589 90,504 137, 190 182, 748 Total operating expense: 326,627 34I, 6I0 38I, 534 430,8I7 Operating income before depreciation 88, 110 57,688 I5,7I6 25,567 Depreciation 601, 831 ( a) 601, 831 ( b) 1, 141, 364 ( c) 1, 140,259 ( d) Operating loss 513,72I) 544,I43) 1, 125,648) I, I65,826) Non- operating revenue( expense) Investment income and other 944 0 0 0 Interest expense 0 0 0 0 Total non- revenue( expense) operating 944 0 0 0 Income( loss) before contributions& transfers 5I2,777) 544, I43) I, 125, 648) I, 165, 826) Transfers in 123, 187 38,082 0 27,520 Capital contributions 216,529 0 0 0 Transfers out 89,964 90,764 91, 420 94,580 Change in net position 263, 025) 596,825) ($ I, 217,068) ($ I,232, 886) Beginning net position 25, 624,963 $ 25,36I, 938 $ 24,765, 113 $ 23, 548,045 Ending net position 25,361, 938 * $ 24,765, I13 $ 23, 548,045 $ 22,3I5, I59 a Ties to annual Comprehensive Annual Financial Report Of total depreciation expense, the following amounts were attributable to capital assets funded with capital contributions: a)$ 482,529 or 80%;( b)$ 482,529 or 80%;( c)$ 1. 02 Million or 89%;( d)$ 1. 02 Million or 89%
CITY OF SEWARD SMIC ENTERPRISE FUND Budgeted Statement of Cash Flow f 10 ( Alt,knei For Fiscal Year 2014 and 2015 2013 2014 2015 Budget Budget Budget Beginning Cash Balance at I/ 1/ 13 *: 163, 325 Cash is provided by ( used for): Change in Net Position 596,825 1, 217,068 1, 232,886 Add expense items not affecting cash Depreciation 601, 831 1, 141, 364 1, 140,259 Net cash provided by operations 5, 006 75, 704 92,627 Other uses of cash Debt principal payments 0 ( a) 0 0 Net increase ( decrease) in cash 5, 006 75, 704 92, 627 Estimated ending cash balance: 168,331 92,627 0, Ties to CAFR a) North SMIC Dock Bond paid off in 2011.
Sponsored by: Hunt CITY OF SEWARD, ALASKA RESOLUTION 2013-083 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, ADOPTING THE PARKING ENTERPRISE FUND BIENNIAL BUDGET FOR CALENDAR YEARS 2014 AND 2015 WHEREAS, the City Manager has submitted to the City Council a proposed biennial budget for the City of Seward for Calendar Years 2014 and 2015; and WHEREAS, the biennial budget was reviewed by the City Council in budget work sessions on September 16, 19, and 24, 2013, which were televised to the public; and WHEREAS, a public hearing is scheduled on the proposed budget for October 28, 2013 with an additional public hearing and final adoption scheduled for November 12, 2013. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The Parking Enterprise Fund budget for Calendar Years 2014 and 2015 which is attached hereto and made a part hereof by reference and which contains estimated revenues and expenses for the period January 1, 2014 - December 31, 2015, is HEREBY ADOPTED, and the necessary funds are hereby appropriated. Section 2. This resolution shall take effect immediately upon adoption. PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 12 th day of November, 2013. THE CITY OF SEWARD, ALASKA Jean Bardarson, Mayor
CITY OF SEWARD, ALASKA RESOLUTION 2013-083 AYES: NOES: ABSENT: ABSTAIN: ATTEST: Johanna Kinney, CMC City Clerk (City Seal)
PARKING ENTERPRISE FUND Budgeted Statement of Revenue and Expenses V and Change in Net Position For 2014 and 2015 2012 2013 2014 2015 Actual* Budget Budget Budget Operating revenue- parking fees 293,443 260,650 $ 280,400 $ 282,500 Operating expense: Salaries & Benefits 89, 586 133, 755 135, 166 138, 992 Purchased Services 66,571 7, 970 3, 950 3, 950 Supplies and Maintenance 15, 586 31, 150 33, 500 33, 500 General and Administrative 43, 550 38, 482 40,889 0, 941 Total operating expense: 215,293 211, 357 $ 213,505 $ 217,383 Operating income before depreciation 78, 150 49,293 66, 895 65, 117 Depreciation 23, 968 16, 757 22,969 22,969 Operating income( ooss) 54, 182 32,536 43, 926 42, 148 Non- operating revenues ( expense) Interest Income and other 3, 033 3, 700 3, 000 3, 000 Total non- operating revenue( expense) 3, 033 3, 700 3, 000 3, 000 Transfers to other funds 23, 475 20, 852 -$ 22, 672 -$ 22, 600 Change in net position 33, 740 15, 384 24,254 22,548 Beginning net position 548,977 582,717 $ 598, 101 $ 622,355 Ending net position 582,717 * $ 598, 101 $ 622,355 $ 644,903 Ties to annual Comprehensive Annual Financial Report
CITY OF SEWARD PARKING ENTERPRISE FUND Budgeted Statement of Cash Flow For 2014 and 2015 nttf5 Qi 2013 2014 2015 Budget Budget Budget Beginning Cash Balance at 1/ 1/ 13 *: 464,389 Cash is provided by( used for): Change in net position 15, 384 24, 254 22, 548 Add expense items not affecting cash Depreciation 16,757 22,969 22,969 Net cash provided by operations 32, 141 47,223 45,517 Other uses of cash Capital outlay( a) 13,000 ( a) - 25,500 ( b) - 15, 500 ( c) Net increase ( decrease) in cash 19, 141 21, 723 30, 017 Estimated ending cash balance 483, 530 $ 505,253 535,270 Ties to Comprehensive Annual Financial Report a) $ 13K motor pool contribution, plus $ 250,000 sealing parking lots. b) $ 13K motor pool contribution, $2,500 equipment, $ 10K striping. c) $ 13K motor pool contribution, $2,500 equipment.
Sponsored by: Hunt CITY OF SEWARD, ALASKA RESOLUTION 2013-084 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, ADOPTING THE ELECTRIC ENTERPRISE FUND BIENNIAL BUDGET FOR CALENDAR YEARS 2014 AND 2015 WHEREAS, the City Manager has submitted to the City Council a proposed biennial budget for the City of Seward for Calendar Years 2014 and 2015; and WHEREAS, the biennial budget was reviewed by the City Council in budget work sessions on September 16, 19, and 24, 2013, which were televised to the public; and WHEREAS, a public hearing is scheduled on the proposed budget for October 28, 2013 with an additional public hearing and final adoption scheduled for November 12, 2013. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The Electric Enterprise Fund budget for Calendar Years 2014 and 2015 which is attached hereto and made a part hereof by reference and which contains estimated revenues and expenses for the period January 1, 2014 - December 31, 2015, is HEREBY ADOPTED, and the necessary funds are hereby appropriated. Section 2. This resolution shall take effect immediately upon adoption. PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 12 th day of November, 2013. THE CITY OF SEWARD, ALASKA Jean Bardarson, Mayor
CITY OF SEWARD, ALASKA RESOLUTION 2013-084 AYES: NOES: ABSENT: ABSTAIN: ATTEST: Johanna Kinney, CMC City Clerk (City Seal)
CITY OF SEWARD Comprehensive List of all Budget Changes by Fund/ Department AMENDMENTS FROM 2014/2015 PRELIMINARY BUDGET General Fund: 2014 Budget 2015 Budget Positive( negative) Positive( negative) financial impact ad' usiment Descri. tion De artment 25,000) 25,000) Add a contribution to Boys& Girl's club Contributions( 1191) 15,000) 15,000) Increase contributions to Senior Center Contributions( 1191) 13,403) 14,610) Add part-time animal control costs Animal Control( 1212) 2, 146) 3, 132) Add part-time animal control costs Debt Service( 1910) 15,000) One-time cost for property appraisals( split 50/ 50 with Harbor) Comm. Dev.( 1150) 52, 783 Freeze merit increases only during 2015 Various 8,452 Freeze merit increases only during 2015( reduces PERS) Debt Service( 1910) 55,549 11, 507 Increase sales tax estimate Revenues( 0000) Overall impact on General Fund reserves Harbor Enterprise Fund: Electric ad 15, 000 Split cost of property appraisals with Community Development 7, 959 Freeze merit increases only during 2015 1, 243 Freeze merit increases only during 2015( reduces PERS) 24, 202 Overall Harbor savings( increase to Harbor reserves) 2,970 Freeze merit increases only during 2015 474 Freeze merit increases only during 2015( reduces PERS) 3,444 Overall Electric savings( increase to Electric reserves) Water Enterprise Fund: 1, 159 Freeze merit increases only during 2015 191 Freeze merit increases only during 2015( reduces PERS) 1, 350 Overall Water savings( increase to Water reserves) Wastewater Enterprise Fund: 1166 Freeze merit increases only during 2015 191 Freeze merit increases only during 2015( reduces PERS) 1, 357 Overall Wastewater savings( increase to Wastewater reserves) Motor Pool Fund: No proposed changes No impact on Motor Pool reserves Hospital Debt Service: No proposed changes No impact on Hospital Debt Service reserves
ELECTRIC ENTERPRISE FUND Budgeted Statement of Revenues and Expenses And Change in Net Position For Fiscal Years 2014 and 20I5 ( as Amended) 20I2 20I3 2014 20I5 Operating revenue: Sales: Residential Actual' Budget Budget Budget 3, 344,416 3, 435,232 3, 267,4I8 3, 329,56I Small General Service I,868,892 I,983, 659 1, 857,302 1, 893,594 Large General Service 4,581, I76 4,576, 589 4,74I,923 4,832,455 Harbor Power Sales 288,839 290, 646 308,204 3I0,958 Industrial Sales/ Special Contracts 948,750 909,064 920,490 931, 573 Street& Yard Lights 68,648 76,707 70,000 70,000 Miscellaneous I23,790 73, 000 72,000 73,000 Total operating revenue: I1,224,5II $11, 344,897 $ 11, 237,337 $ I1,44I, 141 Operating expense: Before depreciation: Salaries 938,524 1, 005,852 I,034,933 1, 060,049 Work order charges( salaries) I76,230 295,000 293, 627 297,763 Employee benefits 547,009 605,977 568,223 587,696 Purchased services 424,678 5I6,992 557,444 553, 422 Power for resale 4,985,312 5,096,000 4,760,000 4,991,000 Supplies& maintenance 248,437 522, 100 447,000 503,000 Work order charges( supplies) I23,319 225,000 50,000 50,000 General& Administrative 1, I32,575 1, 074, I91 1, I07,I37 1, 112,458 Total operating expense: 7,976,986 8,301, 112 8, 131, 1 10 8,459,862 Operating income before depreciation 3,247,525 3, 043,785 3, 106,227 2,981,279 Depreciation 1, 721, I99 ( a) I,855, 102( b) 1, 82I,082 ( c) I,777,308( d) Earnings from operations 1, 526,326 1, 188,683 1, 285, 145 I,203,971 Non-operating revenue( expense) Interest income 119,536 50,500 72,000 72,000 Interest expense 186,304 330,344 299,96I 281, 686 Other revenue( expense) 13,755 3, 200 I,000 1, 000 Total non- revenues( expenses) 80,523 276,644 226,961 208,686 operating Earnings before contributions and transfers 1, 445,803 912,039 1, 058, 184 995,285 Capital contributions and special items 141, 677 0 0 0 Transfers( to)/ from other funds I,084,117 1, 838,042 1, 239,306 I,255,6I0 Change in net position 503,363 926,003 181, 122 260,325 21, 679,821 $ 22, 183, 184 $ 21, 257, 181 $ 21,076,059 Beginning net position 22,183, 184 * $ 21, 257,I81 $ 21,076,059 $ 20,815,734 Ending net position lies to annual Comprehensive Annual Financial Report Of total depreciation expense, the following amounts were attributable to capital assets funded with capital contributions: a)$ 937, 286 or 64%;( b)$ 1, 063,795 or 57%;( c) $ 1, 043,386 or 57%;( d) 1, 030,760 or 58%
ELECTRIC ENTERPRISE FUND Budgeted Statement of Revenues and Expenses And Change in Net Position For Fiscal Years 20I4 and 20I5 geolan 20I2 2013 20I4 2015 Operating revenue: Actual* Budget Budget Budget Sales: Residential 3, 344,4I6 3, 435,232 3,267,418 3,329,561 Small General Service I,868,892 1, 983, 659 1, 857,302 1, 893,594 Large General Service 4,58I, 176 4,576,589 4,74I,923 4,832,455 Harbor Power Sales 288,839 290,646 308,204 310,958 Industrial Sales/ Special Contracts 948,750 909,064 920,490 93I,573 Street& Yard Lights 68, 648 76,707 70,000 70,000 Miscellaneous I23,790 73, 000 72,000 73,000 Total operating revenue: 11,224,5II $11, 344,897 $ I1,237,337 $ I1,441, 141 Operating expense: Before depreciation: Salaries 938,524 1, 005,852 I,034,933 I 063, 193 Work order charges( salaries) 176,230 295,000 293, 627 297,763 Employee benefits 547,009 605,977 568,223 587,696 Purchased services 424,678 516,992 557,444 553, 422 Power for resale 4,985,312 5,096,000 4,760,000 4,991, 000 Supplies& maintenance 248,437 522, 100 447,000 503,000 QGdO g Work order charges( supplies) 123, 3I9 225,000 50,000 50,000 General& Administrative I, I32,575 1, 074, 19I 1, 107, I37 1, 112,458 Total operating expense: 7,976,986 8,301, 112 8, 131, 110 8463,396 t6, 2 Operating Depreciation 1, 721, I99 ( a) I,855, 102( b) I,821,082 ( c) I,777,308( d) income before depreciation 3,247,525 3,043,785 3, I06,227 3,977,836 2`48 j 27 g Earnings from operations 1, 526,326 I, I88,683 1, 285, I45 1,298,52-7 3& 0344', Non- operating revenue( expense) Interest income 1I9,536 50,500 72,000 72,000 Interest expense 186,304 330,344 299,96I 28I, 686 Other revenue( expense) 13, 755 3, 200 I,000 I,000 Total non- operating revenues( expenses) 80,523 276,644 226,961 208,686 Earnings before contributions and transfers 1, 445,803 912,039 1, 058, 184 99418+ 1 4' Capital contributions and special items 14I,677 Transfers( to)/ from other funds 1, 084,117 0 0 0 I,g38>042 1, 239,306 1, 255,610 Change in net position 503,363 926,003 I8I,122 44637769 Beginning net position 21, 679,82I $ 22,I83,184 $ 21, 257,I8I $2I,076,059 Ending net position 22,I83, 184 * $ 21,257,18I $ 21,076,059 $ 2 SS 20 g 1. 5431 I ics to annual Comprehensive Annual Financial Report Of total depreciation expense, the following omounts were a wo;( d) 1030,76 or a)$ 937,286 or 64%;( b)$ 1, 063, 795 or 57%;( c) funded capital contributions: