Loading...
3.2. SR 11-29-1993 rei -\) ( )j ety of J'j Ell{ ITEM 3.2. TO: FROM: MAYOR & CITY COUNCIL PAT KLAERS, CIT~J~~STRATOR NOVEMBER 23, 199~ "./~ DATE: t SUBJECT: ENTERPRISE FUNDS BUDGET The City has three enterprise funds under its control. These budgets are for the Liquor Store, the Wastewater Treatment System (WWTS), and the Garbage Collection Program. The City Council has approved these budgets in the past by consensus, or sometimes by formal motion. No formal action is necessary as the revenues generated in these self-sustaining funds generally dictate the level of operating expenses that is necessary and appropriate. Even though no formal action is necessary by the City Council, it is always good policy for the City Council to review and comment on these enterprise fund budgets. . The Liquor Store has generated a surplus of revenues over expenditures in the past few years. These profits have been funneled into the General Fund in order to offset operating expenses on a city-wide basis. Some funds are retained within the Liquor Store reserve for cash flow and inventory purposes. Additionally, after all the transfers have taken place, the City attempts to move $75,000 annually into a designated reserve for a second future liquor store. In addition to the transfer in to the City General Fund for City operating expenses, the Liquor Store also puts money into the General Fund to help finance the Fire Department building expansion and the new City Hall facility. One item of note in the Liquor Store budget in 1994 is the designation of some funds for a possible expansion of the existing liquor store. This possible project will have to be closely evaluated in terms of its cost versus the benefits of a slightly larger facility. At this time, it just seems prudent to include some monies in the budget for this possible expenditure. . The WWTS budget generally has sufficient revenues to meet its operating expenditures. There is an increase in the need to place monies into the plant replacement reserves and the revenues available the past few years have not been sufficient in order for the City to move forward with the plant expansion as soon as desired. It is a goal of the City to expand the plant and have this project completed in 1996. This issue will need a great deal of discussion by the Council in the next few months and will include a discussion on a possible rate increase. The Garbage Collection Program began in 1990. The billing for this program was shifted to the Utilities Department in 1993. P.O. Box 490 · 13065 Orono Parkway · Elk River, MN 55330 · (612) 441-7420 · Fax: (612) 441-7425 . . . The most significant component of this budget is the fee paid to the contract haulers. The City has subsidized the garbage collection budget the past few years as revenues have not met expenditures. This is due mainly to the City subsidizing the 32 gallon bi-weekly collection and the addition of plastics to the recycling program. LIQUOR STORE FUND . Provides for the total operation of the Elk River Municipal Liquor store as authorized by Minnesota State Law and the Elk River City Council. 1994 BUDGET COMPARED WITH 1993 BUDGET The 1994 planned operating expenditures for the Municipal Liquor store are listed on the adjacent page. The projection for 1993 year end income and an estimated 1994 year end income statement are shown below. The 1994 Municipal Liquor Store budget is planned in the amount of $497,750. This is a $48,550 or 10.8% increase over the adopted 1993 budget. The Personal Services category is projected to increase $13,200 or 7% over the adopted 1993 budget. This increase is due mainly to more part-time help being needed at the store and a significant increase in the Employee Insurance line item. The supplies and Charges category decrease is offset by a contractual Services category increase. This is a result of shifting the Advertising line item from one category to another. The increase in the Other Charges category is due to an increase in the Depreciation line item. The $10,000 decrease in Transfers is located in the City Hall reserve line item. . The biggest change in this budget is in the Capital Outlay category. Funds in this category are for an expansion of the liquor store facility. This mayor may not happen depending on the cost estimates for this project and the desires of the City Council. If an economical minor square footage expansion can take place on the south and west sides of the building, which would also allow for an enclosed entryway, then this proposal will be submitted to the City Council in 1994 for its consideration. It is appropriate to at least provide some monies in the proposed budget for this possible project. 1994 1993 Proiected Budqet Sales $ 2,400,000 $ 2,220,000 Cost of Sales 1,848,000 1,709,400 Gross Profit $ 552,000 $ 510,600 Operating Expenses 302,300 284,500 Operating Income $ 249,700 $ 226,100 Other Revenue (Expenses) Interest Income 15,000 20,000 Miscellaneous (Capital outlay) (52,000) (14,250) Net Income Before Transfers $ 212,700$ $ 231,850 Transfers In (Out) City Hall Reserve Fund (30,000) (40,000) . General Fund (85,050) (85,050) General Fund-Fire Lease (28,400) (28,400) Income After Transfers $ 69,250 $ 78,400 . LIQUOR STORE 1991 1992 1993 1994 ACTUAL ACTUAL ADOPTED PROPOSED PERSONAL SERVICES $ 167,768 $ 177,797 $ 186,100 $ 199,300 SUPPLIES AND CHARGES 10,155 1 2,033 14,650 6,700 CONTRACTUAL SERVICES 42,006 45,716 49,700 58,200 OTHER CHARGES 26,291 27,930 34,050 38,100 CAPITAL OUTLAY 15,005 15,830 11,250 52,000 TRANSFERS OUT 129,400 262,550 153,450 143 .450 TOTAL 390,625 541 ,856 449,200 497,750 EXPENDITURE ANALYSIS PERSONAL SERVICES Regular Salaries ...................................... $ 118,100 Overtime Salaries ...................................... 1,050 Part Time Salaries ...................................... 40,000 Employee Pensions ...................................... 17,000 Employee Insurance ...................................... 23,150 $ 199,300 SUPPLIES AND CHARGES Rug & Laundry Services ...................................... 700 Operating Supplies ...................................... 6,000 6,700 CONTRACTUAL SERVICES . Audit ...................................... 6,250 Other Professional Services ....................................... 1,500 Telephone ...................................... 800 Postage ...................................... 150 Advertising ...................................... 7,500 Repair & Maintenance ...................................... 7,000 Utilities ...................................... 16,500 Insurance ...................................... 18,500 58,200 OTHER CHARGES Conferences & Schools .............."....................... 4,800 Dues & Subscriptions ...................................... 850 Depreciation ...................................... 27,500 Licenses & Taxes ...................................... 450 Cash Short ...................................... 500 Bank Charges ...................................... 4,000 38,100 CAPITAL OUTLAY Building & Land Improvements ...................................... 52,000 Furniture & Equipment ...................................... 0 52,000 TRANSFERS OUT General Fund ...................................... 85,050 General Fund - Fire Station ...................................... 28,400 City Hall Reserve ...................................... 30,000 143,450 $ 497,750 . WASTE WATER TREATMENT SYSTEM . Provides for the administration, operation and maintenance of the sanitary sewer system, laboratory and lift stations for the sanitary treatment of household, commercial and industrial waste deposited into the sanitary sewer system. 1994 BUDGET COMPARED WITH 1993 BUDGET The 1994 Waste Water Treatment System (WWTS) budget calls for expenditures in the amount of $639,550. This represents a $62,450 or 10.8% increase from the adopted 1993 budget. However, when depreciation and reserves for plant replacement and expansion is removed from both the 1993 adopted budget and the 1994 proposed budget, it is more accurate to indicate that the WWTS budget actually decreased by $12,550. This decrease is reflected in less Capital Outlay equipment being proposed. . The major change in the WWTS budget is an increase in the reserve (for new equipment, equipment repairs and plant expansion) and depreciation line item. In the 1993 budget, this amount was $225,000 and in the 1994 budget this amount is $300,000. Even with this increase, it is very questionable whether or not a plant expansion, as discussed by the City Council during the Capital Improvement Program (CIP) worksessions, can be completed in 1996. Funds do not appear to be available to handle the debt on a plant expansion as previously discussed. This issue will receive more discussion during the January/February 1994 CIP worksessions. There are no major changes in this budget other than in the Capital Outlay category as indicated in the above paragraphs. However, one budget change is a decrease in the Other Professional Services line item as all expenses related to the Ultraviolet System project and the plant expansion will be charged directly to the WWTS reserves as they are Capital Improvements. Customer charges for 1994 are estimated at $488,000. Excluding the reserve/depreciation line item, this amount is sufficient to meet the operating expenses. However, this amount of revenues does not provide for sufficient funds to be placed into reserves for the planned expansion of the treatment plant. This $488,000 excludes connection charges and interest revenue which are placed directly into the plant reserve. 1994 Projected 1993 Budget Plant Administration $ 51,100 $ 66,400 Plant Operations 164,700 145,700 Laboratory 46,650 44,300 . Sewer System Collection 24,450 31,250 Lift Stations 52,650 64,450 $ 339,550 $ 352,100 Reserve/Depreciation 300,000 225,000 $ 639,550 $ 577,100 . . . WASTE WATER TREATMENT SYSTEM PERSONAL SERVICES SUPPLIES AND CHARGES CONTRACTUAL SERVICES OTHER CHARGES CAPITAL OUTLAY TOTAL $ 1991 ACTUAL 163,673 $ 23,916 89,668 126,936 286,934 689,016 1992 ACTUAL 169,133 $ 36,671 117,266 128,227 126,000 676,187 1993 ADOPTED 180,660 $ 32,600 108,460 3,700 261, 700 677,100 1994 PROPOSED 189,060 28,200 104,900 7,700 303,200 633,060 EXPENDITURE ANALYSIS PERSONAL SERVICES ............ ..................... .... $ Regular Salaries Overtime Salaries Employee Pensions Employee Insurance SUPPLIES AND CHARGES Office Supplies Operating Supplies Motor Fuels & Lubricants Chemicals Rug & Laundry Repair & Maintenance Supplies Uniform Allowance Small Tools CONTRACTUAL SERVICES Engineering Services Legal Services Audit Other Professional Services Telephone Postage Other Repair & Maintenance Insurance Solid Waste Utilities OTHER CHARGES Conferences & Schools Dues & Subscriptions Licenses & Taxes CAPITAL OUTLAY Equipment Reserve for Plant & Equipment* *Includes Depreciation Expenses as part of Reserve 142,660 7,700 16,100 22,700 $ 200 4,960 3,300 6,200 160 10,600 2,200 1,700 7,600 2,600 2,600 2,600 900 100 16,600 24,000 1,600 46,900 3,600 200 4,000 3,200 300,000 $ 189.060 28.200 104,900 7,700 303.200 633.060 . . . GARBAGE COLLECTION PROGRAM Provides for the total administration, operation and maintenance of the City garbage collection program. 1994 BUDGET COMPARED WITH 1993 BUDGET The City began organized garbage collection services in November, 1990. In 1993, the Elk River Municipal Utilities took over the responsibility for the garbage billing process. The single largest item in the Garbage Collection Program budget is the fee paid to the garbage haulers. In 1994, the projection for this fee is $696,000. This is the same amount as in the 1993 budget and the amount has not increased due to this projection being high in 1993. This expenditure represents 97% of the total budget in 1994. The 1994 Garbage Collection Program budget is proposed in the amount of $716,400. The City has to pay a sales tax on the garbage services, but no sales tax amount shows up in the budget, as this is a direct expense that is paid to the State. In 1994, the customer charges will be slightly under $700,000. This is more than the 1993 estimate due to an increase in the number of households in the community, a possible increase in the garbage tipping fee, a possible increase due to inflation, and may be more costs for additions to the recycling program. In 1992, the Garbage Collection Program showed a net loss (approximately $16,000). This is due to the City subsidizing the 32 gallon bi-weekly pick up service and due to the City subsidizing the plastics recycling program. It is estimated that the City will lose a similar amount in 1993. It is projected that the deficit in 1994 will be less than what was experienced in 1992 and what is projected in 1993, due to lower administration charges associated with the Utilities taking over the billing process. The Utilities department currently collects fees, passes the money on to City, which then pays the garbage haulers for the collection of approximately 2,550 ninety gallon containers, 425 thirty-two gallon containers which are picked up weekly and 250 thirty-two gallon containers that are picked up biweekly. Projected 1994 revenues for customer charges, late penalties, and interest income are anticipated to be slightly less than $700,000. This will be sufficient to cover the proposed 1994 expenditures only if the hauler contract estimate of $696,000 is slightly higher than the actual fees. . . . GARBAGE COLLECTION PERSONAL SERVICES SUPPLIES AND CHARGES CONTRACTUAL SERVICES OTHER CHARGES CAPIT AL OUTLAY TOTAL $ 1991 ACTUAL 8,272 $ 1,365 604,185 5,000 o 618,822 1992 ACTUAL 5,834 $ 431 632,369 5,000 o 643,634 1993 ADOPTED 23,100 $ 1,750 704,050 5,000 o 733,900 1994 PROPOSED 2,100 o 714,300 o o 716,400 EXPENDITURE ANALYSIS PERSONAL SERVICES Regular Salaries Overtime Salaries Employee Pensions Employee Insurance ....................................... $ SUPPLIES AND CHARGES CONTRACTUAL SERVICES Billing Services Legal Services Hauler Contracts Other Professional Services OTHER CHARGES CAPIT AL OUTLAY 1,600 100 200 200 $ 15,600 1,500 696,000 1 ,200 2.100 Q 714.300 Q $ Q 716.400