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HomeMy WebLinkAboutAGENDA BACKUP 05-25-89 . Centrt._ Contra Costa Sanitar~ District BOARD OF DIRECTORS PAGE 1 OF 7 POSITION PAPER NO. VI. BUDGET AND FINANCE 1 DATE SUBJECT TYPE OF ACTION RECEIVE THE 1989-1990 OPERATIONS AND MAINTENANCE BUDGET AND THE SELF-INSURANCE FUND BUDGET FOR REV IEW BUDGET REVIEW SUBMITTED BY INITIATING DEPT.lDIV. Walter Funasaki, Finance Officer Administrative/Finance & Accountin ISSUE: The 1989-1990 Operations and Maintenance CO&M) Budget and the Sel f- Insurance Fund Budget are being submitted for review at the May 25, 1989 Board Meeting, and are scheduled for approval at the June 1, 1989 Board Meeting. BACKGROUND: The 1989-1990 O&M Budget expenses total $23,693,813 which exceed the 1988-1989 budgeted expenses of $21,489,616 by $2,204,197 or 10.3 percent, and the 1988-1989 projected actual expenses of $21,150,082 by $2,543,731 or 12.0 percent. Explanations for significant departmental expense variances between 1989-1990 budgeted expenses and 1988-1989 projected actual expenses are provided following each departmental expense summary within the separately bound budget document. The expense accounts in the 1989-1990 O&M Budget document are being presented in a new classified format to provide subtotals by major account categories. These categories are: Labor (compri sed of Sal aries and Wages and Employee Benefits); Directors Fees and Expenses; Chemicals; Utilities; Repairs and Maintenance; Hauling; Professional and Legal Services; Outside Services; Self-Insurance; Materials and Supplies; and Other. The 1989-1990 O&M Budget revenues of $21,375,752 exceed 1988-1989 budgeted revenues of $20,197,900 by $1,177,852, or 5.8 percent and the 1988-1989 projected actual revenues of $20,346,589 by $1,029,163 or 5.1 percent. The budgeted Sewer Service Charge revenues are based on the present annual rate of $116, and proj ected increases in resi denti al connecti ons and usage vol umes for commerci al and industrial users during 1989-1990. Explanations for significant variances between 1989-1990 budgeted revenues and 1988-1989 projected actual revenues are provided within the separately bound budget document. The following attachments summarize revenues, expenses and reserves over six fiscal years and District labor charges budgeted to be capitalized in 1989-1990: Attachment I - A summary of revenues, expenses and reserve bal ances for the six fiscal years 1984-1985 through the 1989-1990 budget year, and the related Sewer Service Charge rate and Sewer Service Charge equivalent units for each fiscal year. REVIEWED AND RECOMMENDED FOR BOARD ACTION INITIATING DEPT.lDIV. ~ ~~(~N_r~.c:j - 1302A-9/85 W F SUBJECT POSITION PAPER RECEIVE THE 1989-1990 OPERATIONS AND MAINTENANCE BUDGET AND THE SELF-INSURANCE FUND BUDGET FOR REVIEW PAGE 2 DATE OF 7 May 22, 1989 Attachment II - A graph which shows the expense categories of labor, Chemicals, utilities and all other expenses in relation to total budgeted expenses for the six fiscal years 1984-1985 through 1989-1990. Attachment III - Departmental labor charges budgeted to be expended on capital projects in 1989-1990 for each of the capital programs in the Capital Improvement Budget. At the May 18, 1989 Board Meeting, a five-year financial projection of the Self-Insurance Fund revenues, expenses, and reserves was reviewed, and the Board approved a $500,000 self-insurance expense charge in the 1989-1990 O&M Budget. The Self-Insurance Fund Budget for 1989-1990 is presented on Attachment IV and is incorporated in the five-year projection shown on Attachment V. Any revisions to the 1989-1990 O&M Budget determined at the May 25, 1989 Board Meeting will be incorporated in the budget to be submitted for approval at the June 1, 1989 Board Meeting, at which the following actions are scheduled: - Conduct a publ ic heari ng for the establ i shment of the 1989-1990 Sewer Service Charge rate. - Establish the 1989-1990 Sewer Service Charge rate. - Conduct a public hearing for the collection of the 1989-1990 Sewer Service Charges on the County tax rolls. - Approve the 1989-1990 O&M BUdget, incorporati ng the establ ished Sewer Service Charge rate. RECOMM:NDATION: Review the 1989-1990 O&M Budget and Sel f-Insurance Fund Budget and provide District staff with comments and guidance in preparing the budgets for approval, and to establish the 1989-1990 Sewer Service Charge rate and the level of O&M and Self-Insurance Fund reserves, on June 1, 1989. 13028-9/85 ^ ~~N~II r-I 0\ I LllNr-I(1') 10 (1') , ~ 0 ,.....NO-.:t 0 0\ -0 O\+>> .. ... .. .. .. .. C O\(J) lBr-I(1')O\ CO (1') ItS r-I COOl 0 r-I N '"0 ,.....r-ICOIO (1') 0 I/) 0\::3 .. -. .. Ill. .. .. ~ t-l CO (1')(1')(1')r-I N Lll .... 0'1 r-I V ~ +>> r-I (J) C C (J) ~ E r- ^ J::. 0\ ItS V~li ~~~~II N r-I I ~I ~ (J CO::3 LllO CO -.:tr-llON 0\ (1') (J) ItS OI+>> O\r-ILllLll NCOIOIO -.:t -.:t (J) +>> r-I(J .. .. .. .. .. .. .. .. ~ +>> .< 0\0\ 10 ,.....Nr-I~ (1') ,..... < CO OLll,.....~ ,..... r-I Lll r-I li3 N r- CO . 010 NCO(1')Lll CO a.. 0'1' .. .. .. ... .. ... V .. 5i r-IO Lll(1')r-IO (1')N(1')O Lll I- r-IN r-l a.. 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(J) I/)O....>~OO I/) (J) (J) ...... . (J) ~+>>J::. E O)r- ItS E > (J)....(.)I-I/)I-I- (J) (I) (I) I/) J (J)....~ "OC8r-::3 (J) > I- (J)C > 0 C (1)(.) cCW a..a.. 0: I-a.. I/) ttJ l- I- l- I/) a.. (J) (J) (J) I- (J) (J) (J) (J) ~ > I/) 0:1- I/) ! ! +>> (J) (J) (J) 0 (I) 0: 0: 0: en (I) Z (I) en a: <( ..J ..J o C u. o en z o - ..J ..J - ::2: Attachment II Central Contra Costa Sanitary District Operations & Maintenance Expenses Six Fiscal Years Ending June 30 1984-1985 1985-1986 1986-1987 1987-1988 1988-1989 1989.1990 ACTUAL ACTUAL ACTUAL ACTUAL PROJECTED BUDGET ACTUAL Attachment I II CENTRAL CONmA COSTA SANITARY DISTRICT 1989-1990 OPERATIONS AND MAINTENANCE BUDGET CAPITALIZED SALARIES AND WAGES Department/Division Amount BudQ~ted Salaries and WaQes Capitalized to Treatment Collection General Pl ant System Improvement AdB1n1strat1ve Department Total $ 16,000 2,000 12,000 2,000 Construction Division Planning Division Engineering Division 444,300 304,495 443,592 88,923 1l0,246 166,258 339,370 190,857 261,697 Eng1neering Department Total 1,208,387 367,427 803,924 . 16,007 3,392 15,637 37,036 Collect1on Systeaa Operat1ons Department Total Plant Operations Department Total 167,400 167,400 232,025 197,348 34,677 - ."., - Distr1ct Totals - Salar1es and Wages Capita11zed 1,607,812 564,775 1,006,001 37..036 Capitalized Employee Benefits 810,654 Capitalized Administrative Overhead 492,043 Reprographic Charge-outs 67,500 Total Contra Accounts Per 1989-1990 O&M Budget $2,978,009 SSSlPos.Paper2/*Cap Sal Wag 30 Attachment IV CENlRAL CON1RA COSTA SANITARY DISTRICT SElF- INSURANCE FUND BUDGET FISCAL YEAR 1989-1990 Variance proj ected $ % Budget Actual Increase Increase 1989-1990 1988-1989 <Decrease> <Decrease> Revenues: Self-Insurance Expense Charge Against O&M Fund $500,000 500,000 Interest Income 388,000 375,000 13 ,000 3.5 Total Revenues 888,000 895,000 13 ,000 1.5 Expenses: Claims Adjusting 8,000 4,000 4,000 100.0 Insurance Consulting Fees 2,000 2,000 Pa i d Losses 72,000 28,000 44,000 157.1 Legal Services 60,000 50,000 10,000 20.0 Commercial Insurance Expense 90,000 78,000 12,000 15.4 Technical Services 10,000 1,200 8,800 733.3 Total Expenses 242,000 161,200 80,800 50.1 Revenues Over Expenses $646,000 713 ,800 <67,800> <9.5> Reserves: Beginning Balance Revenues Over Expenses $4,851,225 646,000 4,137,425 713 ,800 Ending Balance $5,497,225 4,851,225 SSSlPos. Paper#2/S-I Fund Bud 34 Attachment V CEN11W. CONTRA COSTA SANITARY OISlRICT SElF- INSURANCE FUte) FINANCIAl PROJ ECTION Five Years Endi ng June 30, 1991 Actual Actua 1 Projected Budgeted Estimated 1986-1987 1987-1988 1988-1989 1989-1990 1990-1991 Revenues Self-Insurance Allocation from O&M Fund $ 567,124 500,000 500,000 500.000 500,000 Ad Valorem Tax Revenue 1,000,000 0 0 0 0 Interest Income 196 , 109 293 ,840 375,000 388.000 412,000 Total Revenues $1,763,233 793,840 875,000 888.000 912,000 Expenses Cl aims AdJ usti ng 9,922 5,574 4,000 8.000 8,000 Insurance Consulting 1,000 0 0 2.000 2,000 Loss Payments 32,280 129,872 28,000 72.000 80,000 Legal Services 116,296 48,783 50,000 60.000 65,000 Insurance Premiums 5,812 53,428 78,000 90.000 95,000 Technical Services 9.273 7.408 1.200 10.000 15.000 Tota 1 Expenses $ 174,583 245.065 161.200 242.000 265.000 Revenue Over Expenses 11.588.650 ~48. 775 713 ,800 ~.OOO ~47,OQO Reserves Revenue Over Expenses $1,588,650 548,775 713,800 646.000 647,000 Reserves 2.000.000 3.588.650 4.137.425 4.851.771; 5.497.225 Total Reserves '3.588.650 ~u.37 .4ii ~ ..i.w..m . ~ SSSI Safetyl Sel fIns Fnd 30 - ------...-'--~_._,-,.,--.--". .._..,._~,. ..-- . ~._..,.__.__._--~._,~-----~--,._...._..- . - ----.-"----..--.___......________.__._.~,~_~.__._...___""_'_"W'_"_"_"'__"_'_,._ _",__,~_.__.._.___._