HomeMy Public PortalAbout5b 2018 Budget and Message
Town of Fraser
PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518
www.frasercolorado.com
Page 1
2018 Town of Fraser Budget
Town of Fraser
PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518
www.frasercolorado.com
Page 2
December 6, 2017
Mayor Vandernail and the Board of Trustees are pleased to present the 2018 Budget.
The Town Board has expressed a strong commitment to ensuring the fiscal sustainability of the
organization while providing the highest level of service within our available resources.
Throughout the Budget Process, the Town Board has identified challenges that threaten near
term fiscal sustainability for the organization. Further, absent effective mitigating actions by the
Town, the impact of these challenges may result in significant reductions to levels of service,
changes to the Town’s tax structure, and/or increases in service fees. These challenges are
summarized as follows:
• Sales tax revenues provide approximately 75% of the revenue in the General Fund
which provides for the general operations of the Town. The Fraser business community
is relatively small, therefore otherwise minor changes can have a significant impact on
revenues that are relied upon for general operations. The opening of a new grocery
store in Winter Park in late 2017 will most certainly have a negative impact on Fraser
sales tax revenues. However, the extent of that impact is uncertain.
• Our long range plans, policies and codes need review, especially in North Fraser, to
confirm that they accurately reflect our community vision for the future.
• The desire to coordinate and improve solid waste management programs, energy
efficiency, and best business sustainability practices.
• While the Town of Fraser has made great strides to improve its records management
programs, this is a critical function for the organization and needs further resources to
ensure effective and efficient management of our community’s public records.
• Demands on the Public Works Department exceed current resources in the department,
especially in terms of winter snow management, water and sewer operations, and open
space and trails maintenance.
• Absent significant investment in water system infrastructure, the Town may not be able
to meet its mission of providing a safe, reliable, and sustainable water supply into the
future.
• Inflow and infiltration into the Town’s wastewater collections system is resulting in
operational challenges at the Upper Fraser Valley Wastewater Treatment Facility which
will require multi-million dollar capital projects at the Facility to avoid violations of our
permits, unless we act to reduce the collection system inflow and infiltration problems.
Town of Fraser
PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518
www.frasercolorado.com
Page 3
Colorado municipalities are required to adopt an annual budget. In addition to identifying
revenue sources and amounts, the budget identifies the Town Board’s vision and hopes for the
community via proposed expenditures. Over the course of the year, the Budget provides the
framework for the annual work plan, all programs, projects, and services (and levels of service)
to be provided to the community. The total expenditures appropriated in the annual budget
cannot be exceeded unless an amended budget is adopted after proper hearings. The annual
budget cannot provide for deficit spending, unless appropriate additional funds are provided
(such as those from committed reserve accounts).
Budget adoption is a public policy exercise that must comply with certain statutory requirements.
The Town’s process meets and exceeds all such requirements. While only one public hearing
is required, the Fraser Town Board conducted three hearings. These hearings occurred on
November 1st, November 15th, and December 6th 2017. The Water and Wastewater Committee
was also instrumental in considering rates for the Water and Wastewater Funds.
The baseline services provided for in the 2018 budget are proposed to be delivered at the same
level of service as provided in 2017. These baseline services include:
• Public Works, including maintenance of streets, trails, parks, and other assets; Water
production and distribution to Fraser residents and guests; Wastewater collections and
treatment.
• Administrative services , including financial and records management, and general
municipal administration.
• Community Development, including planning review of new development, long range
strategic planning, and other planning and building services . As in 2017, the Budget
includes provisions for in house engineering should the opportunity arise.
• Economic development services and resources.
• Provision of Law Enforcement (including municipal court and animal control) and
Building Inspection Services via intergovernmental agreements with the Town of Winter
Park.
• Operation of the Upper Fraser Valley Wastewater Treatment Facility on behalf of the
Town of Fraser, Winter Park Ranch Water and Sanitation District, and Grand County
Water and Sanitation District #1.
• Transit services via intergovernmental agreement the Town of Winter Park (funded
by a 1% Fraser municipal sales tax).
Town of Fraser
PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518
www.frasercolorado.com
Page 4
In addition to the baseline services, the Town Board included the following in the 2018 Budget:
• The 2018 Budget includes establishment of a new account, Community Housing. This
account is provided for affordable housing projects and programs. The Town Board is
appropriating funds in the interest of fostering a new housing development. $365,000 of
fund balance is appropriated into this account. This combined with the affordable
housing restricted reserve would provide for $500,000 toward a housing project.
• Additionally, funds are appropriated for the development of the Town owned property
adjacent to the Fraser Still commonly referred to as the FroDo property.
• The US 40 Pedestrian Safety Improvement Project, funded via two grants from the
Colorado Department of Transportation along with a local match of $775,000. This
project will provide a series of traffic calming medians and crosswalk improvements
between CR8 and Old Victory Road, along with additional pedestrian trail improvements.
This project is funded in the Capital Asset Fund. Given the additional landscaping
opportunities related to these medians, provisions have been included for additional
garden staff and planting supplies.
• In late 2017, a new nightly rental registration program was established. Accordingly, the
Budget includes a $20,000 expenditure for software support and revenues associated
with the registration fees and sales taxes in a new account for community housing
expenditures.
• Two projects initiated in 2017 will wrap up in 2018, the Development Code Update and
Fraser River Corridor Master Plan.
• In anticipation of capital projects as may be recommended by the Fraser River Corridor
Master Plan, $100,000 is appropriated in the Restricted Revenue Fund for
implementation of an open space capital project. (This may need to be funded by GF)
• A $25,000 contribution from the Conservation Trust Fund to the Fraser Valley
Metropolitan Recreation District initiative to install a refrigeration system at the Icebox ice
rink.
• Increased funding for the Business Enhancement Grant program from $25,000 to
$50,000.
• A $5,000 contribution to the Grand Enterprise Initiative. This is a countywide initiative
designed to provide free confidential business support and assistance, with the goal of
growing local businesses.
• Continued support for Headwater Trails Alliance ($10,500 for operations, $6,000 for
winter trail grooming, and $30,000 for capital projects relating to the Trail Smart Sizing
Project). While it remains our goal to fund trails expenditures in the Restricted Revenue
Fund, in 2018 the General Fund will support these expenditures as transit start-up costs
along with uncertain revenue impacts due to the Winter Park grocery store continue to
limit opportunities to utilize the Restricted Revenue Fund.
• Development and operation of a new recycling and pay as you throw trash drop off
facility. This project results from our waste diversion study and related sustainability
Town of Fraser
PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518
www.frasercolorado.com
Page 5
initiatives and is underwritten by a $195,000 grant from the Colorado Department of
Public Health and Environment. Operational revenues and expenses are also new
additions to the budget in 2018 (estimated at $200,000)
• The Art in Public Places Program appropriate increased from $7,500 to $20,000 to
expand upon the successful projects completed in 2017.
The following are noteworthy additions and funding changes from the 2017 Budget:
• Fraser property owners will benefit from a property tax reduction resulting from 2016
sales tax revenues from the 1% transit, trails, and capital projects sales tax that
exceeded the first-year revenue estimate. This results in a reduction of 1.157 Mills.
• The Town of Fraser has been negotiating with Grand County Water and Sanitation
District #1 regarding purchase of augmentation water, an expenditure of $625,000 within
the Water Fund for this purpose was included in the 2017 Budget. However, since this
agreement has yet to be concluded, these funds are re-appropriated in the 2018 Budget.
• The pavement and bridge over the Fraser River on County Road 8 are in desperate
need of improvements. The budget includes $1,600,000 for this project in the General
Fund (Public Works, Capital Projects). While this would be an appropriate project for the
Capital Asset Fund, we are reserving use of this Fund for the Pedestrian Safety
Improvement Project to facilitate accurate reporting for the CDOT grant. The CR8
bridge and pavement project will include funding from Grand County and grant funds.
• Improvements to CR 72 in the amount of $400,000 are also proposed in the General
Fund (Public Works, Capital Projects).
• The Public Works Facility is long overdue for improvements. Our crews have done a
fantastic job of making use of every square inch of the facility, but we have overgrown
the space. The budget includes funds to begin design development for a new facility.
Funds for construction are not included within the budget.
• Also, the Public Works fleet is aging. Public Works is proposing purchase of a new
snow plow truck, skid loader, dump truck, light duty work truck, and full duty work truck.
Funds for these purchases, along with a new police vehicle, are appropriated in the
Capital Equipment Replacement Fund. The heavy equipment purchases would all
require further consideration and approval from the Town board prior to acquisition.
• While we have consultants engaged in design work for the Public Works Facility, we also
propose safety and accessibility improvements to the front entry of Town Hall.
• The Water Fund includes a $300,000 expenditure for a waterline replacement project on
Byers Avenue west of the railroad. This project is currently undergoing a cost-benefit
evaluation, and prior to initiating the project, further Board consideration will be
necessary.
• The Wastewater Fund includes funding for inflow and infiltration capital projects and
associated engineering. This work is critical to maintain operations at the wastewater
treatment plant and future capacity.
• Significant capital projects are proposed for the wastewater treatment facility. This
facility is owned by Fraser and two other special districts, so Fraser’s actual costs are
only a portion of the total. However, as managing entity, Fraser’s budget includes the
entire expenditure. The bulk of the work is designed to address metals and nutrient
Town of Fraser
PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518
www.frasercolorado.com
Page 6
removal, but also includes other improvements to address permit compliance and
maintain capacity.
• Emergency Reserves in the Water Fund will be increased from $500,000 to $750,000
with a transfer from unassigned fund balance.
It should be noted that while the expenditures in the General Fund result in a reduction of
$2,400,000 of unassigned fund balance, this is the result of capital expenditures. The Town
Board has adopted a policy of not using “savings” for operational costs, instead setting aside
funds for future emergencies or capital projects. Funding for the following capital expenditures
is included in the Budget totaling $2,065,000
• $2,000,000 for CR8 and CR72 pavement and bridge projects, anticipating funding
support of $1,000,000 from other sources.
• $450,000 for engineering and local match for the US 40 Pedestrian Safety Improvement
Project.
• $100,000 for vehicle purchases.
• $50,000 for recycle facility site development.
• $100,000 for consulting work on the Development Code Update and Fraser River
Corridor Master Plan.
• $365,000 appropriated for community housing project funding.
Further, the budget anticipates a conservative reduction in sales tax revenues of $500,000 as a
result of the new grocery store opening in Winter Park.
Finally, the Town Board is pleased to note that given new customer growth in our Water and
Wastewater Funds resulting from new home construction, water and sewer base rates will
remain unchanged for 2018.
Funds
The Town’s Budget includes the following funds:
• General Fund (GF), which provides for the general functions and services such as
administration, planning, law e nforcement, streets and properties.
• Restricted Revenue Fund (RRF), a fund to account for sales tax revenues restricted
to transit, trails, and capital projects.
• Conservation Trust Fund (CTF), which is funded by lottery proceeds and provides for
open space and recreational capital projects.
• Capital Equipment Replacement Fund (CERF), which provides for vehicle and heavy
equipment purchases.
• Capital Asset Fund (CAF), which is intended to fund long term maintenance of capital
assets (streets, buildings, parks, trails, etc).
• Debt Service Fund (DSF), which provides for debt service payments.
• Fraser River Enhancement Project Fund (FREP), which was utilized for the Fraser
River Enhancement Project to provide transparency and accountability for the project.
• Water Fund (WF), an enterprise fund for the Town’s water utility.
Town of Fraser
PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518
www.frasercolorado.com
Page 7
• Wastewater Fund (WWF), an enterprise fund for the Town’s wastewater utility.
• Joint Facilities Fund (JFF) O&M and the Joint Facilities Fund CRR, both of which
provide for operations and capital pro jects at the Wastewater Treatment Plant.
Reserves
The Fraser Town Board adopted significant amendments to the Town’s Financial Policies (see
Resolution 2015-12-14). In addition to updating the financial standards and expectations
established by the Board, the policies include new reserve policies and goals. Additionally, in
order to clearly identify the Town’s financial position the Budget format has been amended. At
the bottom of each fund, the available reserves are identified.
Budget Process
The budgeting process is continuous throughout the year, as we continually monitor revenues
and expenses against the current adopted budget.
Budget development for the following year begins mid-year in the offices of the Town Manager
and Finance Manager as trends are identified and work plans for the current year are evaluated.
Around this time budget requests and proposals for the following year start to be identified and
are submitted by department heads, the Town Board, and other outside entities.
While only one public hearing is required, the Town of Fraser hosts three public hearings
to ensure that the community has ample opportunity to engage in this process. In 201 6,
the Town Board conduct ed three hearings (November 1st, November 15th, and December 6th).
The Town’s Budget is one of the most important matters considered by the Town Board that
directly affects every resident, guest, business, and property owner within the community.
Budget Basis
The 201 8 budget is prepared in accordance with the laws of the State of Colorado and
has been prepared using the Modified Accrual basis of accounting. Under this method, the
focus is on current financial resource measurement whereby revenues are recognized
when they become both meas urable and available (except for unmarred interest on long -
term debt which is recognized when due). Measurable means the amount of the
transaction that can be determined and available means collectible within the current
period or soon enough thereafter t o be used to pay liabilities of the current period.
The budgets for the enterprise funds are prepared using the accrual basis of accounting,
meaning that revenues and expenses are recognized when they are earned or incurred.
Thank you on behalf of the com munity!
Mayor Vandernail and the Board of Trustees, as well as staff, appreciate the time,
effort, and consideration invested by so many in this important process .
Town of Fraser
PO Box 370, Fraser, CO 80442 office 970-726-5491 fax 970-726-5518
www.frasercolorado.com
Page 8
Supplemental Lease/Purchase Information
(Required by C.R.S. 29-1-103 (d) (II))
The Town of Fraser currently has no lease purchases.
11/30/2017
11/30/2017 2015 2016 2017 2017 2017 2018
Actuals Actuals Budget Year to Date YEE Budget
GENERAL FUND
REVENUE
TAXES
10-31-100 General Fund Property Tax 197,417 201,242 209,388 209,288 209,103 190,000
10-31-200 Specific Ownership Tax 11,677 12,285 11,000 12,061 10,000 11,500
10-31-300 Motor Vehicle Tax 4,661 4,770 4,200 4,268 3,500 4,250
10-31-400 Town Sales Tax 1,847,259 2,192,336 1,832,000 1,810,308 2,350,000 1,850,000
10-31-410 Use Tax - Building Materials 256,425 334,261 100,000 496,643 450,000 100,000
10-31-420 Use Tax - Motor Vehicle Sales 73,137 79,498 60,000 91,834 72,000 65,000
10-31-430 State Cigarette Tax 3,792 4,296 3,500 3,644 3,000 3,500
10-31-800 Franchise Fees 54,795 55,575 55,000 43,475 40,000 55,000
Sub-Total 2,449,163 2,884,261 2,275,088 2,671,522 3,137,603 2,279,250
LICENSES & PERMITS
10-32-100 Business License Fees 13,100 10,604 10,520 13,020 12,750 10,720
10-32-110 Regulated Industry Fees/Taxes 103,378 127,236 75,000 108,255 100,000 65,000
Sub-Total 116,478 137,840 85,520 121,275 112,750 75,720
INTERGOVERNMENTAL
10-33-100 Grants 82,847 133,203 15,000 30,065 30,065 1,328,855
Sub-Total 82,847 133,203 15,000 30,065 30,065 1,328,855
CHARGES FOR SERVICES
10-34-100 Annexation Fees 275 0 1,000 0 0 1,000
10-34-110 Zoning Fees 8,925 2,000 1,500 775 500 1,500
10-34-120 Subdivision Fees 29,550 5,450 1,500 2,600 1,500 1,500
10-34-130 Miscellaneous Planning Fees 2,300 7,116 1,000 1,010 1,010 1,000
10-34-150 Affordable Housing Impact Fee 0 0 0 0 0 0
10-34-300 PAYT 0 0 0 0 0 200,000
10-34-740 Fees in Lieu of Park Land 0 0 0 0 0 0
10-34-750 WTHP Revenue 0 0 0 0 0 0
Sub-Total 41,050 14,566 5,000 4,385 3,010 205,000
FINES & FORFEITURES
10-35-100 Court Fines 0 0 0 0 0 0
10-35-200 Police Dept. Sur-Charge 0 0 0 0 0 0
Sub-Total 0 0 0 0 0 0
MISCELLANEOUS REVENUE
10-36-100 Interest Earnings 5,161 19,317 15,000 32,516 28,000 12,000
10-36-300 Rental Income 15,615 16,005 15,500 16,055 15,500 15,500
10-36-500 Sale of General Fixed Assets 0 0 0 0 0 0
10-36-600 Community Housing 0 0 0 0 0 40,000
10-36-610 Reimbursable - Prof Services 110,064 78,990 50,000 8,762 32,970 50,000
10-36-620 Reimbursable - Night Shuttle 0 0 0 0 0 0
10-36-900 Miscellaneous Revenue 22,666 14,147 20,000 14,196 14,000 25,000
Sub-Total 153,507 128,459 100,500 71,530 90,470 142,500
SPECIAL ASSESSMENTS
10-37-100 Byers Vista SID 0 0 0 0 0 0
Sub-Total 0 0 0 0 0 0
OTHER SOURCES AND TRANSFERS
10-39-100 Bond Proceeds 0 0 0 0 0 0
10-39-900 Transfers in from Other Funds 10,000 0 21,175 0 0 25,000
10-39-920 Transfer in from GF Reserves 0 0 0 0 0 135,426
10-39-940 Transfer in from WF Reserves 0 0 0 0 0 0
10-39-960 Transfer in from WWF Reserves 0 0 0 0 0 0
10-39-999 Unassigned Fund Balance 1,866,145 1,868,732 2,084,981 2,216,669 2,279,511 2,818,822
Sub-Total 1,876,145 1,868,732 2,106,156 2,216,669 2,279,511 2,979,248
GENERAL FUND "NEW" REVENUES 2,843,045 3,298,330 2,502,283 2,898,776 3,395,073 4,031,325
GENERAL FUND TOTAL REVENUE 4,719,190 5,167,062 4,587,264 5,115,445 5,653,409 7,010,573
EXPENDITURES
TOWN BOARD
11/30/2017 2015 2016 2017 2017 2017 2018
Actuals Actuals Budget Year to Date YEE Budget
10-41-110 Salaries 20,475 23,475 50,000 20,390 40,000 50,000
10-41-220 FICA Tax 1,566 1,796 3,825 1,560 3,000 3,825
10-41-280 Training Programs 3,152 4,835 6,000 3,206 6,000 6,000
10-41-290 Travel, Meals and Lodging 1,946 4,170 5,000 3,322 5,000 5,000
10-41-295 Meals and Entertainment 7,761 10,112 10,000 7,547 10,000 10,000
10-41-690 Miscellaneous Expense (13,779)12,917 10,000 735 5,000 10,000
10-41-860 Grants and Aid to Agencies 14,155 2,250 5,000 2,470 5,000 30,000
10-41-861 Intergovernmental Agreements 9,000 15,000 9,000 76,983 76,000 51,000
10-41-862 Fraser/Winter Park Police Dept 406,020 424,580 500,000 435,729 500,000 525,000
10-41-863 Street Lighting and Signals 18,810 15,339 22,000 13,562 20,000 22,250
10-41-864 Special Events 12,500 10,000 10,000 12,754 12,754 15,000
10-41-865 Grand County Dispatch 0 0 0 0 0 0
10-41-866 Wood Stove Rebates 0 50 0 0 0 0
10-41-867 Chamber of Commerce - IGA 61,514 93,005 0 0 0 0
10-41-868 Winter Shuttle - IGA 56,000 0 0 0 0 0
10-41-869 Summer Shuttle - IGA 0 0 0 0 0 0
10-41-870 Business Dist StreetScape 3,890 4,000 5,000 3,700 5,000 5,000
10-41-871 Business Enhancement Programs 55,567 23,690 30,000 69,443 102,000 57,500
10-41-872 Sustainability 0 0 15,000 200 200 10,000
10-41-873 Recycle Facility 0 0 0 0 0 450,000
10-41-874 Community Housing 0 0 0 0 0 500,000
Sub-Total 658,577 645,219 680,825 651,602 789,954 1,750,575
ADMINISTRATION
10-45-110 Salaries 243,765 242,236 327,969 245,783 270,000 330,000
10-45-210 Health Insurance 42,171 47,948 56,500 44,288 45,000 65,000
10-45-220 FICA Tax 15,756 15,382 25,090 17,622 20,000 25,000
10-45-230 Retirement 8,395 8,156 13,119 5,198 6,500 13,000
10-45-250 Unemployment Tax 737 733 984 743 900 1,000
10-45-260 Workers Comp Claims 0 0 0 0 0 0
10-45-280 Training Programs 3,325 2,054 4,000 11,069 12,000 6,000
10-45-290 Travel, Meals and Lodging 6,606 2,917 7,000 7,939 7,500 7,000
10-45-295 Meals and Entertainment 2,283 2,089 3,500 4,340 3,500 3,500
10-45-305 Municipal Court Judge 0 0 0 0 0 0
10-45-310 Legal Fees 56,253 62,401 75,000 53,597 60,000 80,000
10-45-320 Audit Fees 12,221 12,910 15,000 16,642 16,642 16,500
10-45-330 Engineering Fees 5,996 4,736 3,000 24,675 15,000 3,000
10-45-360 Computers-Networks and Support 32,922 32,466 55,000 62,866 55,000 90,000
10-45-370 Other Professional Services 73,489 124,498 110,000 58,081 75,000 175,000
10-45-375 Reimbursable Prof Services 112,620 85,451 50,000 42,062 50,000 50,000
10-45-380 Janitorial Services 8,381 10,396 15,000 8,995 15,000 15,300
10-45-385 Treasurer's Fees 3,948 4,025 6,282 4,186 6,282 5,700
10-45-390 Abatement Fees 0 0 0 0 0 0
10-45-395 Recording Fees 500 1,469 1,500 500 1,500 1,500
10-45-410 Bank Charges 640 647 1,500 888 1,500 1,500
10-45-420 Elections 2,156 1,305 5,000 0 0 5,000
10-45-430 Insurance - All Departments 37,970 38,370 60,000 45,345 45,345 62,000
10-45-440 Advertising 153 3,592 2,500 4,561 4,500 2,500
10-45-490 Professional Memberships 6,898 9,443 14,000 11,700 14,000 14,500
10-45-500 Operating Supplies 10,680 8,912 13,000 8,441 13,000 14,000
10-45-510 Equipment Purchase and Repair 10,939 11,100 26,000 12,523 20,000 27,300
10-45-550 Postage 1,294 1,686 2,000 1,196 2,000 2,000
10-45-560 Utilities -Telephone 6,386 6,482 8,500 5,779 8,000 8,500
10-45-561 Utilities - Natural Gas 3,352 3,117 6,000 2,878 4,000 6,000
10-45-562 Utilities - Electricity 5,335 5,006 6,500 4,873 6,000 6,000
10-45-569 Utilities - Trash Removal 1,310 1,427 2,500 1,288 2,500 2,500
10-45-670 Prop Mgmt - 107 Eisenhower Dr 14,932 12,779 40,000 36,681 40,000 15,000
10-45-671 Prop Mgmt - 105 Fraser Ave 2,382 102 500 9 500 500
10-45-672 Prop Mgmt - 0 0 0 0 0 0
10-45-673 Prop Mgmt - 153 Fraser Ave 4,570 12,264 20,000 25,986 40,000 50,000
10-45-674 Prop Mgmt - 200 Eisenhower Dr 958 0 500 7,659 7,500 500
10-45-675 Prop Mgmt - 216 Eisenhower Dr 0 0 0 0 0 0
11/30/2017 2015 2016 2017 2017 2017 2018
Actuals Actuals Budget Year to Date YEE Budget
10-45-676 Prop Mgmt - 400 Doc Susie Ave 111 81 500 1,235 1,211 500
10-45-690 Miscellaneous Expense 10,076 1,819 12,000 10,597 1,297 12,000
10-45-695 Bad Debt Write-Off 0 0 0 0 0 0
10-45-730 Capital Projects 0 0 0 0 0 0
10-45-740 Capital Purchases 0 0 0 0 0 0
10-45-810 Lease/Purchase - Principal 20,207 21,209 21,210 108,842 108,842 0
10-45-820 Lease/Purchase - Interest 18,167 17,165 17,165 8,191 8,191 0
Sub-Total 787,881 816,370 1,028,318 907,259 988,210 1,117,800
PUBLIC WORKS
10-60-110 Salaries 381,133 384,095 455,024 350,148 410,000 485,000
10-60-210 Health Insurance 76,530 84,771 115,500 69,534 85,000 125,000
10-60-220 FICA Tax 27,710 28,045 34,809 25,621 30,000 40,000
10-60-230 Retirement 12,231 11,916 18,201 10,290 14,000 17,000
10-60-250 Unemployment Tax 1,156 1,162 1,365 1,057 1,200 1,500
10-60-260 Workers Comp Claims 500 99 0 0 0 0
10-60-280 Training Programs 804 1,238 2,000 1,303 2,000 2,000
10-60-290 Travel, Meals and Lodging 1,281 850 2,000 1,013 2,000 2,000
10-60-295 Meals and Entertainment 339 877 1,000 1,704 1,000 1,000
10-60-330 Engineering Fees 20,514 46,219 5,000 12,488 70,000 130,000
10-60-360 Computer Network Support 1,770 2,815 4,500 30,404 35,000 30,000
10-60-370 Other Professional Services 3,968 3,735 4,000 6,038 5,000 60,000
10-60-380 Janitorial Services 0 0 0 0 0 0
10-60-470 Contract Grounds Maintenance 0 0 0 0 0 0
10-60-475 Contract Snow Removal 0 2,784 0 6,970 7,500 0
10-60-480 Equipment Rental 0 120 2,500 178 2,500 2,500
10-60-490 Professional Memberships 441 584 750 1,020 1,000 1,000
10-60-500 Operating Supplies 68,028 61,530 80,000 66,896 80,000 85,000
10-60-506 Plants/Planter Supplies 11,810 11,293 20,000 10,243 10,000 25,000
10-60-510 Equipment Purchase and Repair 49,700 52,289 50,000 48,677 50,000 50,000
10-60-560 Utilities - Telephone 3,363 2,546 4,500 2,235 2,500 3,000
10-60-561 Utilities - Natural Gas 4,963 4,289 6,000 3,988 5,000 6,000
10-60-562 Utilities - Electricity 1,910 1,520 3,000 1,701 3,000 3,000
10-60-569 Utilities - Trash Removal 2,149 2,396 3,000 2,764 3,000 3,000
10-60-670 Prop Mgmt - 125 Fraser Ave 4,690 7,418 8,000 1,911 4,000 8,000
10-60-671 Prop Mgmt - Clayton Ct Parcel 0 0 0 0 0 0
10-60-672 Prop Mgmt - Elk Crk Wetlands 0 0 0 0 0 0
10-60-673 Prop Mgmt - Fraser River Trail 25,381 5,644 70,000 325 325 10,000
10-60-674 Prop Mgmt - Hwy 40 Pedestrian 5 17,897 5,000 52 52 6,000
10-60-675 Prop Mgmt - Koppers Park 1,717 0 1,500 0 0 1,500
10-60-676 Prop Mgmt - Old SchlHouse Pk 1,228 2,807 5,000 521 521 1,000
10-60-677 Prop Mgmt - Planning Area 28 0 0 0 12,225 15,000 0
10-60-678 Prop Mgmt - OutdoorActivityCtr 51 44 0 99 86 0
10-60-679 Prop Mgmt - School Bus Garage 5,161 5,159 7,000 4,649 5,000 7,500
10-60-680 Prop Mgmt - Gardner Shed 0 0 0 471 500 0
10-60-681 Prop Mgmt - Cozens Ranch Park 187,578 27,614 15,000 28,212 7,500 115,000
10-60-682 Prop Mgmt - Amtrak Station 220 561 0 5,918 3,148 5,000
10-60-683 Prop Mgmt - Ptarmigan OS 0 0 0 0 0 0
10-60-684 Prop Mgmt - FRODO 0 1,769 5,000 12,449 15,000 50,000
10-60-685 Prop Mgmt - Mtn Man Park 700 0 500 0 0 500
10-60-686 Goranson Station 1,542 0 500 191 191 2,000
10-60-690 Miscellaneous Expense 2,821 2,423 3,000 5,870 5,000 3,200
10-60-695 Fraser Mustang 0 0 0 0 0 0
10-60-725 Street Improvements 198,490 83,932 250,000 97,777 51,000 75,000
10-60-730 Capital Projects 0 0 0 0 0 2,000,000
10-60-740 Art In Public Places 0 0 7,500 2,380 7,500 20,000
Sub-Total 1,099,883 860,444 1,191,149 827,321 934,523 3,376,700
Outdoor Activity Center
10-65-110 Salaries 0 0 0 0 0 0
10-65-210 Health Insurance 0 0 0 0 0 0
11/30/2017 2015 2016 2017 2017 2017 2018
Actuals Actuals Budget Year to Date YEE Budget
10-65-220 FICA Tax 0 0 0 0 0 0
10-65-230 Retirement 0 0 0 0 0 0
10-65-250 Unemployment Tax 0 0 0 0 0 0
10-65-260 Workers Comp Claims 0 0 0 0 0 0
10-65-280 Training Programs 0 0 0 0 0 0
10-65-290 Travel, Meals and Lodging 0 0 0 0 0 0
10-65-295 Meals and Entertainment 0 0 0 0 0 0
10-65-370 Other Professional Services 0 0 0 9 0 0
10-65-380 Janitorial Services 5,250 5,100 6,000 4,470 5,000 6,120
10-65-490 Professional Memberships 0 0 0 0 0 0
10-65-500 Operating Supplies 0 0 0 0 0 0
10-65-510 Equipment Purchase and Repair 0 0 0 0 0 0
10-65-560 Utilities - Telephone 0 0 0 0 0 0
10-65-561 Utilities - Natural Gas 970 928 1,200 893 1,000 1,212
10-65-562 Utilities - Electricity 930 831 1,200 828 900 1,212
10-65-665 WTHP Expenses 0 0 0 0 0 0
10-65-670 Prop Mgmt - 120 Zerex 417 4,378 10,000 2,316 5,000 5,000
10-65-690 Miscellaneous Expense 0 0 0 0 0 0
10-65-730 Capital Projects 0 0 0 0 0 0
10-65-740 Capital Purchases 0 0 0 0 0 0
Sub-Total 7,566 11,238 18,400 8,516 11,900 13,544
TRANSFERS
10-90-920 Transfer to CERF - Police Dept 0 50,000 0 0 0 60,000
10-90-925 Transfer to RRF 0 0 0 0 0 10,000
10-90-930 Transfer to CERF - PublicWorks 0 60,000 100,000 100,000 100,000 50,000
10-90-935 Transfer to CAF 50,000 175,000 145,000 10,000 10,000 300,000
10-90-940 Transfer to Debt Service Fund 246,550 257,910 0 0 0 0
10-90-950 Transfer to Water Fund 0 0 0 0 0 0
10-90-960 Transfer to FREP 0 0 0 0 0 0
10-90-970 Transfer to Committed Reserves 0 0 0 0 0 0
10-90-980 Transfer to Petersen Trust 0 0 0 0 0 0
10-90-995 Salaries Clearing 0 0 0 0 0 0
10-90-996 FICA Tax Clearing 0 0 0 0 0 0
10-90-997 Unemployment Tax Clearing 0 0 0 0 0 0
Sub-Total 296,550 542,910 245,000 110,000 110,000 420,000
FISCAL AGENT
10-95-110 Salaries 0 7,040 0 (7,040)0 0
10-95-210 Health Insurance 0 3,617 0 (3,617)0 0
10-95-220 FICA Tax 0 486 0 (505)0 0
10-95-230 Retirement 0 206 0 (218)0 0
10-95-250 Unemployment Tax 0 21 0 (22)0 0
10-95-260 Workers Comp Claims 0 0 0 0 0 0
Sub-Total 0 11,370 0 (11,402)0 0
GENERAL FUND EXPENDITURE TOTALS 2,850,458 2,887,552 3,163,692 2,493,295 2,834,587 6,678,619
GENERAL FUND REVENUE TOTALS 4,719,190 5,167,062 4,587,264 5,115,445 5,653,409 7,010,573
GENERAL FUND NEW REVENUE TOTALS 2,843,045 3,298,330 2,502,283 2,898,776 3,395,073 4,031,325
GENERAL FUND EXPENDITURE TOTALS 2,850,458 2,887,552 3,163,692 2,493,295 2,834,587 6,678,619
GENERAL FUND REVENUE OVER EXPENDITURES 1,868,732 2,279,511 1,423,572 2,622,150 2,818,822 331,954
GENERAL FUND EXPENDITURE OVER NEW REVENUES (7,412)410,778 (661,409)405,481 560,486 (2,647,294)
GF Restricted Reserves - Tabor Emergency Reserve 110,000 110,000 110,000 110,000 110,000 110,000
GF Restricted Reserves - Affordable Housing Reserve 135,426 135,426 135,426 135,426 135,426 0
GF Restricted Reserves - Fees in Lieu of P&OS Reserve 6,379 6,379 6,379 6,379 6,379 6,379
GF Committed Emergency Reserve 750,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
GF Unassigned Fund Balance 1,423,572 2,818,822 331,954
11/30/2017 2015 2016 2017 2017 2017 2018
Actuals Actuals Budget Year to Date YEE Budget
RESTRICTED REVENUE FUND
REVENUE
TAXES
12-31-100 Restricted 1% GF Sales Tax 546,685 458,000 452,577 610,000 462,500
12-31-800 Interest Income 939 300 145 117 303
Sub-Total 547,625 458,300 452,722 610,117 462,803
INTERGOVERNMENTAL
12-33-100 Grants & Aid to Agencies 0 0 0 0 0
Sub-Total 0 0 0 0 0
OTHER SOURCES AND TRANSFERS
12-36-900 Transfer In from Other Funds 0 0 0 0 10,000
12-39-999 Unassigned Fund Balance 0 121,950 141,330 141,330 28,523
Sub-Total 0 121,950 141,330 141,330 38,523
RESTRICTED REV FUND "NEW" REVENUES 0 547,625 458,300 452,722 610,117 472,803
RESTRICTED REV FUND TOTAL REVENUE 0 547,625 580,250 594,052 751,447 501,326
EXPENDITURES
12-40-610 Transportation O&M 398,333 450,000 308,452 575,000 500,000
12-40-615 Transportation - Capital Exp 3,075 0 6,594 6,594 0
12-40-710 Trails O&M 0 60,000 0 0 0
12-40-715 Trails - Capital Expenditures 4,887 11,300 0 0 0
12-40-810 Capital Projects 0 0 0 0 0
12-40-900 Transfer to Trans O&M Reserve 0 0 0 0 0
12-40-915 Transfer to Trans Cap Reserve 0 0 0 0 0
12-40-920 Transfer to Trails O&M Reserve 0 0 0 0 0
12-40-925 Transfer to Trails Cap Reserve 0 0 0 0 0
12-40-930 Transfer to Cap Proj Reserve 0 0 0 0 0
12-40-940 Transfer to Other Funds 0 0 0 0 0
Sub-Total 0 406,295 521,300 315,046 581,594 500,000
RESTRICTED REV FUND REVENUES 547,625 580,250 594,052 610,117 501,326
RESTRICTED REV FUND EXPENDITURES 406,295 521,300 315,046 581,594 500,000
RESTRICTED REV FUND REVENUES OVER EXPENDITURES 0 141,330 58,950 279,006 28,523 1,326
RRF - Transportation O&M Committed Reserve
RRF - TransportationCapital Committed Reserve 0
RRF - Trails O&M Committed Reserve 0
RRF - Trails Capital Committed Reserve 0
RRF - Capital Projects Committed Reserve 0
CONSERVATION TRUST FUND
REVENUE
20-30-100 Cons Trust (Lottery) Proceeds 5,523 6,444 6,500 4,165 6,000 6,600
20-30-800 Interest Earnings 17 92 75 182 150 75
20-30-999 Unassigned Fund Balance 16,495 12,035 18,610 18,572 18,572 24,722
Sub-Total 22,035 18,572 25,185 22,919 24,722 31,397
EXPENDITURES
20-40-410 Bank Charges 0 0 0 0 0 0
20-40-650 Cons Trust Program Expenses 0 0 0 0 0 0
20-40-910 Transfer to General Fund 10,000 0 0 0 0 25,000
20-40-920 Transfer to Other Funds 0 0 0 0 0 0
Sub-Total 10,000 0 0 0 0 25,000
11/30/2017 2015 2016 2017 2017 2017 2018
Actuals Actuals Budget Year to Date YEE Budget
CTF REVENUES OVER EXPENDITURES (Unassigned Bal YE)12,035 18,572 25,185 22,919 24,722 6,397
CAPITAL EQUIP REPLACEMENT FUND
REVENUES
30-30-100 Hwy Use Tax Proceeds 45,940 46,157 46,000 39,382 46,000 46,460
30-30-500 Sale of CERF Assets 0 0 0 0 0 0
30-30-800 Interest Earnings 828 3,317 2,500 4,250 3,500 2,500
30-30-900 Transfer from G/F - PoliceDept 0 50,000 0 0 0 60,000
30-30-910 Transfer from G/F - PublicWork 0 60,000 100,000 100,000 100,000 50,000
30-30-920 Transfer from Utility Funds 20,000 20,000 20,000 20,000 20,000 20,000
30-30-999 Unassigned Fund Balance 465,578 415,843 495,267 472,872 472,872 356,954
Sub-Total 532,345 595,317 663,767 636,504 642,372 535,914
EXPENDITURES
30-40-745 Public Safety Fleet Purchase 62,045 53,353 0 0 0 60,000
30-40-750 Regular Fleet Purchase 9,039 0 20,000 0 0 90,000
30-40-755 Heavy Equipment Purchase 0 23,674 250,000 0 240,000 375,000
30-40-810 Lease/Purchase - Principal 42,015 43,120 43,120 44,254 44,254 0
30-40-820 Lease/Purchase - Interest 3,403 2,298 2,298 1,164 1,164 0
30-40-910 Transfer to General Fund 0 0 0 0 0 0
Sub-Total 116,502 122,445 315,418 45,418 285,418 525,000
CERF REVENUES OVER EXPENDITURES (Unassigned Bal YE)415,843 472,872 348,349 591,086 356,954 10,914
CAPITAL ASSET FUND
REVENUE
32-30-100 Reserved for Future Use 1,399,454 0 0 0 0 775,000
32-30-500 Sale of Capital Assets 0 0 0 0 0 0
32-30-800 Interest Earnings 1,288 763 0 (247)0 0
32-30-910 Transfer in from General Fund 50,000 175,000 145,000 10,000 10,000 300,000
32-30-940 Transfer in from DSF 0 0 0 0 0 0
32-30-950 Transfer in from Water Fund 0 0 0 0 0 0
32-30-999 Unassigned Fund Balance 671,471 102,569 17,051 241,534 241,534 241,869
Sub-Total 2,122,213 278,333 162,051 251,287 251,534 1,316,869
EXPENDITURES
32-40-810 Capital Proj- Streets Existing 0 0 162,000 0 0 1,200,000
32-40-815 Capital Proj - Streets New 2,019,644 36,799 0 9,665 9,665 0
32-40-820 Capital Proj - Buildings Exist 0 0 0 0 0 0
32-40-825 Capital Proj - Buildings New 0 0 0 0 0 0
32-40-830 Capital Proj - Parks/OS Exist 0 0 0 0 0 0
32-40-835 Capital Proj - Parks/OS New 0 0 0 0 0 0
32-40-900 Transfer to General Fund 0 0 0 0 0 0
32-40-910 Transfer to CAF Res - Streets 0 0 0 0 0 0
32-40-920 Transfer to CAF Res - Bldgs 0 0 0 0 0 0
32-40-930 Transfer to CAF Res - Parks/OS 0 0 0 0 0 0
Sub-Total 2,019,644 36,799 162,000 9,665 9,665 1,200,000
CAF REVENUES OVER EXPENDITURES 102,569 241,534 51 241,622 241,869 116,869
CAF - Committed Reserves - Streets 0 0 0
CAF - Committed Reserves - Buildings 0 0 0
CAF - Committed Reserves - Parks and Open Space 0 0 0
CAF - Committed Reserves - Bridges 0 0 0
11/30/2017 2015 2016 2017 2017 2017 2018
Actuals Actuals Budget Year to Date YEE Budget
FREP FUND
REVENUE
35-30-100 Grants and Awards 0 0 0 0 0 0
35-30-110 In-Kind Services 0 0 0 0 0 0
35-30-120 Miscellaneous Revenue 0 0 0 0 0 0
35-30-130 Interest Income 0 0 0 0 0 0
35-30-910 Transfer in from General Fund 0 0 0 0 0 0
35-30-999 Carryover Balance 0 0 0 0 0 0
Sub-Total 0 0 0 0 0 0
EXPENDITURES
PROJECT WIDE EXPENSES
35-40-310 Threat/Endagered Species Study 0 0 0 0 0 0
35-40-315 Fisheries Special Analysis 0 0 0 0 0 0
35-40-320 Aquatic Habitat Permitting 0 0 0 0 0 0
35-40-900 Transfer to TOF G/F 0 0 0 0 0 0
Sub-Total 0 0 0 0 0 0
TOWN OF FRASER EXPENSES
35-50-410 Aquatic Habitat Enhancements 0 0 0 0 0 0
35-50-420 BorealToad Habitat Restoration 0 0 0 0 0 0
35-50-430 Waterfowl Nesting Improvements 0 0 0 0 0 0
35-50-440 F/WP Trail Link Construction 0 0 0 0 0 0
35-50-450 Lions Fish Ponds Improvements 0 0 0 0 0 0
35-50-460 Educational Signage 0 0 0 0 0 0
35-50-470 Picnic Areas-Fraser RiverTrail 0 0 0 0 0 0
Sub-Total 0 0 0 0 0 0
TOWN OF WINTER PARK EXPENSES
35-60-410 Aquatic Habitat Enhancements 0 0 0 0 0 0
35-60-420 BorealToad Habitat Restoration 0 0 0 0 0 0
35-60-430 Waterfowl Nesting Improvements 0 0 0 0 0 0
35-60-440 F/WP Trail Link Construction 0 0 0 0 0 0
35-60-450 Vasquez Trail Construction 0 0 0 0 0 0
35-60-460 Educational Signage 0 0 0 0 0 0
35-60-470 Picnic Areas-Fraser RiverTrail 0 0 0 0 0 0
Sub-Total 0 0 0 0 0 0
FREP FUND REVENUES 0 0 0 0 0 0
FREP FUND EXPENDITURES 0 0 0 0 0 0
FREP FUND REVENUES OVER EXPENDITURS 0 0 0 0 0 0
DEBT SERVICE FUND
REVENUE
40-30-100 Property Tax 79,993 68 0 0 0 0
40-30-200 Specific Ownership Tax 5,138 0 0 0 0 0
40-30-500 Bond Proceeds 0 0 0 0 0 0
40-30-800 Interest Earnings 970 3,473 1,800 2,072 2,072 0
40-30-910 Transfer in from General Fund 246,550 257,910 0 0 0 0
40-30-990 Transfer in from DSF Reserves 0 102,794 472,785 449,838 449,838 0
40-30-999 Carryover Balance 0 575,579 0 0 0 0
Sub-Total 332,650 939,824 474,585 451,910 451,910 0
EXPENDITURES
11/30/2017 2015 2016 2017 2017 2017 2018
Actuals Actuals Budget Year to Date YEE Budget
40-40-385 Treasurer's Fees GO Bond 1,600 1 0 0 0 0
40-40-390 Abatements - GO Bond 0 0 0 0 0 0
40-40-500 Cost of Issuance 0 0 0 0 0 0
40-40-550 Underwriters Discount 0 0 0 0 0 0
40-40-810 Bond Principal - 02 S&U Issue 25,000 30,000 60,000 60,000 60,000 0
40-40-811 Bond Principal - 98 GO Issue 45,000 95,000 0 0 0 0
40-40-812 Bond Principal - 98 S&U Issue 180,000 195,000 380,000 380,000 380,000 0
40-40-820 Bond Interest - 02 S&U Issue 5,638 4,125 1,650 1,650 1,650 0
40-40-821 Bond Interest - 98 GO Issue 7,525 2,043 0 0 0 0
40-40-822 Bond Interest - 98 S&U Issue 35,910 25,785 10,260 10,260 10,260 0
40-40-850 Bond Agent Fees 2,340 1,545 1,500 0 0 0
40-40-910 Transfer to DSF Reserves 0 0 0 0 0 0
40-40-920 Transfer to Other Funds 0 0 21,175 0 0 0
Sub-Total 303,012 353,499 474,585 451,910 451,910 0
DEBT SERVICE REVENUES 332,650 939,824 474,585 451,910 451,910 0
DEBT SERVICE EXPENDITURES 303,012 353,499 474,585 451,910 451,910 0
DEBT SERVICE REVENUES OVER EXPENDITURES 29,638 586,325 0 0 0 0
Debt Service Fund Restricted Reserves 300,000 0 0 0 0
Debt Service Fund Committed Reserves 183,531 0 33,693 33,693 33,693
WATER FUND
REVENUES
TAXES
50-31-100 Property Tax 0 0 0 0 0 0
50-31-200 Fraser Firming Revenue 0 0 0 (184)0 0
Sub-Total 0 0 0 (184)0 0
LICENSES & PERMITS
50-32-100 Excavation Permit Fees 550 825 275 3,000 2,475 275
Sub-Total 550 825 275 3,000 2,475 275
CHARGES FOR SERVICES
50-34-100 Customer Service Charges 783,047 854,102 856,004 676,732 902,453 947,575
50-34-150 Penalties & Interest 3,182 4,397 1,000 3,055 1,500 1,000
50-34-200 Plant Investment Fees 15,400 0 7,700 22,700 7,700 7,700
50-34-300 Water Meter Sales 38,419 58,092 10,000 84,795 72,195 10,000
Sub-Total 840,048 916,591 874,704 787,281 983,848 966,275
MISCELLANEOUS REVENUE
50-36-100 Interest Earnings 2,079 10,240 6,000 16,181 13,000 6,000
50-36-900 Miscellaneous Revenue 4,020 4,190 2,500 12,330 12,005 2,500
Sub-Total 6,099 14,431 8,500 28,511 25,005 8,500
OTHER SOURCES & TRANSFERS
50-39-100 Debt Service Proceeds 0 0 0 0 0 0
50-39-200 Grants and Aid from Agencies 50,000 0 0 0 0 0
50-39-910 Transfers In 0 0 0 0 0 0
50-39-999 Unassigned Fund Balance 726,652 1,020,122 1,238,962 1,209,517 1,209,517 1,260,563
Sub-Total 776,652 1,020,122 1,238,962 1,209,517 1,209,517 1,260,563
New Revenues 846,697 931,847 883,479 818,608 1,011,328 975,050
Total Revenue with Carryover 1,623,349 1,951,969 2,122,441 2,028,125 2,220,845 2,235,613
EXPENDITURES
50-40-110 Salaries 185,445 188,278 202,250 176,389 200,000 200,000
50-40-210 Health Insurance 25,827 32,086 39,700 28,804 30,000 48,000
11/30/2017 2015 2016 2017 2017 2017 2018
Actuals Actuals Budget Year to Date YEE Budget
50-40-220 FICA Tax 13,682 13,995 15,472 13,125 14,000 15,000
50-40-230 Retirement 6,217 5,620 7,940 5,094 6,000 8,000
50-40-250 Unemployment Tax 555 565 607 529 600 600
50-40-260 Workers Comp Claims 0 0 0 0 0 0
50-40-280 Training Programs 394 800 3,000 0 3,000 3,000
50-40-290 Travel, Meals and Lodging 100 201 3,000 27 3,000 3,000
50-40-295 Meals and Entertainment 650 1,355 2,000 49 2,000 2,000
50-40-300 Administrative Reimbursement 0 0 0 0 0 0
50-40-310 Legal Fees 69,618 48,184 75,000 46,982 60,000 65,000
50-40-330 Engineering Fees 24,303 77,343 10,000 45,861 45,000 30,000
50-40-360 Computers-Networks and Support 5,743 5,893 6,000 6,858 7,500 6,500
50-40-370 Other Professional Services 1,532 20,954 25,000 1,449 5,000 25,000
50-40-385 Treasurer's Fees 0 0 0 0 0 0
50-40-390 Abatements 0 0 0 0 0 0
50-40-410 Bank Charges 0 0 0 0 0 0
50-40-430 Insurance 17,084 15,097 20,000 13,801 13,800 22,000
50-40-440 Advertising 241 0 500 2,737 3,000 500
50-40-460 System Repair and Maint - Prod 8,939 6,516 50,000 13,224 50,000 60,000
50-40-465 System Repair and Maint - Dist 20,965 109,405 60,000 5,139 60,000 40,000
50-40-490 Professional Memberships 8,625 5,915 9,500 5,555 5,555 9,500
50-40-500 Operating Supplies-Production 10,930 11,012 35,000 12,650 35,000 35,000
50-40-505 Operating Supplies-Distrib 36,290 83,600 55,000 61,535 50,000 55,000
50-40-510 Equipment Purchase and Repair 1,370 425 30,000 1,098 10,000 30,000
50-40-520 Testing 1,974 1,292 5,000 5,735 7,500 5,000
50-40-550 Postage & Billing Supplies 1,860 1,927 2,500 1,115 2,500 2,500
50-40-560 Utilities - Telephone 4,303 4,140 4,500 3,826 4,500 4,500
50-40-562 Utilities - Electricity 33,776 33,437 45,000 34,148 40,000 45,000
50-40-670 Prop Mgmt - Fraser WTP 1,201 0 4,500 0 0 10,000
50-40-680 Prop Mgmt - Maryvale WTP 427 800 3,000 337 337 5,000
50-40-685 Prop Mgmt - St. Louis Headgate 0 0 0 0 0 0
50-40-690 Miscellaneous Expense 179 684 2,000 15 11 2,000
50-40-695 Bad Debt Write Off 0 0 0 0 0 0
50-40-715 Water Rights - Diversion & Dev 6,482 6,790 45,000 14,073 15,000 35,000
50-40-730 Capital Projects 88,658 56,138 210,500 276,949 276,979 550,000
50-40-740 Capital Purchases 0 0 0 0 0 0
50-40-760 Fraser Firming - CapProj 15,856 0 650,000 0 0 650,000
50-40-770 PIF - Capital Purchases 0 0 0 0 0 0
50-40-780 Capitalized Assets - Audit 0 0 0 0 0 0
50-40-790 Depreciation 0 0 0 0 0 0
50-40-810 Debt Service - Principal 0 0 0 0 0 0
50-40-820 Debt Service - Interest 0 0 0 0 0 0
50-40-850 Debt Service - Agent Fees 0 0 0 0 0 0
50-40-910 Transfer to General Fund 0 0 0 0 0 0
50-40-930 Transfer to CERF 10,000 10,000 10,000 10,000 10,000 10,000
50-40-970 Transfer to Reserves 0 0 0 0 0 250,000
50-40-980 Transfer to Metro Districts 0 0 0 0 0 0
50-40-990 Transfer to Wastewater Fund 0 0 0 0 0 0
Sub-Total 603,227 742,452 1,631,969 787,105 960,282 2,227,100
WATER FUND REVENUES 1,623,349 1,951,969 2,122,441 2,028,125 2,220,845 2,235,613
WATER FUND EXPENDITURES 603,227 742,452 1,631,969 787,105 960,282 2,227,100
WATER FUND REVENUES OVER EXPENDITURES 1,020,122 1,209,517 490,472 1,241,021 1,260,563 8,513
Water Fund Committed Reserve 460,000 500,000 500,000 500,000 500,000 750,000
Water Fund Unassigned Reserve 490,472 1,260,563 8,513
WASTEWATER FUND
REVENUES
TAXES 0 0 0 0 0 0
11/30/2017 2015 2016 2017 2017 2017 2018
Actuals Actuals Budget Year to Date YEE Budget
Property Tax 0 0 0 0 0
Specific Ownership Tax 0 0 0 0 0
Sub-Total 0 0 0 0 0 0
LICENSES & PERMITS
55-32-100 Excavation Permit Fees 0 0 0 0 0 0
Sub-Total 0 0 0 0 0 0
CHARGES FOR SERVICES
55-34-100 Customer Service Charges 643,265 702,247 724,350 552,767 736,958 773,806
55-34-150 Penalties & Interest 2,581 3,047 1,000 3,108 1,650 1,000
55-34-200 Plant Investment Fees 292,500 540,000 150,000 457,900 404,000 90,000
55-34-999 Contributed Assets 0 0 0 0 0 0
Sub-Total 938,346 1,245,295 875,350 1,013,774 1,142,608 864,806
MISCELLANEOUS REVENUE
55-36-100 Interest Earnings 14,690 22,837 18,000 38,218 30,000 18,500
55-36-500 JFF Management Fee 29,000 21,750 29,000 21,750 21,750 29,000
55-36-900 Miscellaneous Revenue 0 39 0 0 0 0
Sub-Total 43,690 44,627 47,000 59,968 51,750 47,500
OTHER SOURCES & TRANSFERS
55-39-100 Debt Service Proceeds 0 0 0 0 0 0
55-39-200 Grants and Aid from Agencies 46,401 51,778 0 0 0 0
55-39-910 Transfer in from General Fund 0 0 0 0 0 0
55-39-999 Unassigned Fund Balance 1,960,956 2,335,149 2,055,063 2,069,957 2,069,957 2,667,449
Sub-Total 2,007,357 2,386,927 2,055,063 2,069,957 2,069,957 2,667,449
new revenues 982,036 1,289,921 922,350 1,073,743 1,194,358 912,306
total revenues with carryover 2,989,394 3,676,848 2,977,413 3,143,699 3,264,315 3,579,755
EXPENDITURES
55-40-110 Salaries 197,571 187,139 215,250 180,944 205,000 205,000
55-40-210 Health Insurance 26,235 32,030 41,682 29,466 35,000 50,000
55-40-220 FICA Tax 13,957 14,152 16,467 13,517 15,000 16,000
55-40-230 Retirement 6,381 5,587 8,460 4,866 7,000 8,100
55-40-250 Unemployment Tax 566 571 646 543 600 700
55-40-260 Workers Comp Claims 0 0 0 0 0 0
55-40-280 Training Programs 200 0 2,500 0 2,500 2,500
55-40-290 Travel, Meals and Lodging 20 124 2,500 0 2,500 2,500
55-40-295 Meals and Entertainment 618 1,337 2,000 6 2,000 2,000
55-40-310 Legal Fees 693 0 5,000 0 1,500 5,000
55-40-330 Engineering Fees 8,392 1,008 5,000 438 5,000 10,000
55-40-360 Computers-Networks and Support 4,648 4,219 6,000 4,758 6,000 6,500
55-40-370 Other Professional Services 1,031 4,701 10,000 575 2,500 10,000
55-40-410 Bank Charges 0 0 100 0 0 100
55-40-430 Insurance 4,405 3,103 6,500 9,245 9,244 6,500
55-40-440 Advertising 93 0 500 2,737 3,500 500
55-40-460 System Repair and Maint-Collec 75,102 52,034 105,000 58,572 75,000 150,000
55-40-490 Professional Memberships 1,525 5,142 5,500 5,011 5,011 5,500
55-40-500 Operating Supplies-Collections 274 112 5,000 277 5,000 5,000
55-40-510 Equipment Purchase and Repair 358 173 5,000 977 0 5,000
55-40-520 Testing 0 0 1,000 0 0 1,000
55-40-550 Postage & Billing Supplies 2,113 1,920 2,500 1,115 2,500 2,500
55-40-560 Utilities - Telephone 1,672 1,529 2,000 1,419 2,000 2,000
55-40-650 WW Treatment Charges/JFOC 153,586 157,317 217,827 149,478 200,000 242,000
55-40-660 JFF CapRepl Reserve 33,151 0 0 0 0 306,630
55-40-670 JFF O&M Reserve 0 0 0 0 0 0
11/30/2017 2015 2016 2017 2017 2017 2018
Actuals Actuals Budget Year to Date YEE Budget
55-40-690 Miscellaneous Expense 165 675 2,000 15 11 2,000
55-40-695 Bad Debt Write Off 0 0 0 0 0 0
55-40-730 Capital Projects 111,488 124,019 42,500 0 0 250,000
55-40-740 Capital Purchases 0 0 0 0 0 0
55-40-760 PIF - Capital Projects 0 0 0 0 0 0
55-40-770 PIF - Capital Purchases 0 0 0 0 0 0
55-40-780 Capitalized Assets - Audit 0 0 0 0 0 0
55-40-790 Depreciation 0 0 0 0 0 0
55-40-810 Debt Service - Principal 0 0 0 0 0 0
55-40-820 Debt Service - Interest 0 0 0 0 0 0
55-40-850 Debt Service - Agent Fees 0 0 0 0 0 0
55-40-910 Transfer to General Fund 0 0 0 0 0 0
55-40-930 Transfer to CERF 10,000 10,000 10,000 10,000 10,000 10,000
55-40-970 Transfer to Reserves 0 1,000,000 0 0 0 0
55-40-990 Transfer to Water Fund 0 0 0 0 0 0
Sub-Total 654,245 1,606,891 720,931 473,958 596,866 1,307,030
WASTEWATER FUND REVENUES 2,989,394 3,676,848 2,977,413 3,143,699 3,264,315 3,579,755
WASTEWATER FUND EXPENDITURES 654,245 1,606,891 720,931 473,958 596,866 1,307,030
WASTEWATER FUND REVENUES OVER EXPENDITURES 2,335,149 2,069,957 2,256,482 2,669,742 2,667,449 2,272,725
WWF Committed Reserve O&M Emergencies 500,000 500,000 500,000 500,000 500,000
WWF Committed Reserve Collections System 221,000 221,000 221,000 221,000 221,000
WWF Committed Reserve JFF CRR Emergency Reserve 330,000 330,000 330,000 330,000 330,000
WWF Committed Reserve JFF Plant Rqmts 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
Wastewater Fund Unassigned Fund Balance 2,256,482 2,667,449 2,272,725
12/31/2017
JOINT FACILITIES FUND - O&M 2015 2016 2017 2017 2017 2018
Actual Actual Budget Year to Date YEE Budget
REVENUE
40-30-100 Interest - O&M Accounts 300 0 350 263 300 350
40-30-200 O&M Reimbursement - WPR 173,596 178,175 245,906 145,785 197,079 245,661
40-30-205 Capital Reimbursement - WPR 0 0 0 0 0 0
40-30-210 O&M Reimbursement - GC#1 273,026 279,527 387,154 231,215 309,995 386,414
40-30-215 Capital Reimbursement - GC#1 0 0 0 0 0 0
40-30-220 O&M Reimbursement - TOF 153,586 164,677 217,827 143,068 194,273 242,164
40-30-225 Capital Reimbursement - TOF 0 0 0 0 0 0
40-30-230 Study Reimbursement - WP 0 0 0 0 0 0
40-30-235 Study Reimbursement - Granby 0 0 0 0 0 0
40-30-500 Sale of General Fixed Assets 0 0 0 0 0 0
40-30-800 Interest - Cap Res Accounts 0 0 0 0 0 0
40-30-900 Miscellaneous Revenue 1,458 0 1,500 3,648 3,648 0
Sub-Total 601,966 622,379 852,738 523,978 705,295 874,590
OTHER SOURCES AND TRANSFERS
40-30-930 Transfer In From Cap Project 0 0 0 0 0 0
40-30-980 Capitalized Reimbursements 0 0 0 0 0 0
40-30-999 Carryover Balance 196,631 198,390 198,390 198,390 198,390 202,338
Sub-Total 196,631 198,390 198,390 198,390 198,390 202,338
2015 2016 2017 2017 2017 2018
PLANT EXPENDITURES Actual Actual Budget Year to Date YEE Budget
40-85-110 Salaries 173,223 179,532 225,000 170,875 175,000 230,000
40-85-210 Health Insurance 32,337 40,503 59,000 39,786 44,000 64,000
40-85-220 FICA Tax 12,590 12,402 17,213 11,761 12,000 17,500
40-85-230 Retirement 6,299 5,127 8,650 5,920 6,800 9,200
40-85-250 Unemployment Tax 521 541 675 514 525 690
40-85-260 Workers Comp Claims 0 0 0 0 0 0
40-85-280 Training Programs 240 1,435 2,000 450 1,500 2,000
40-85-290 Travel - Meals and Lodging 95 575 2,500 746 1,500 2,500
40-85-295 Meals - Local Business 45 256 250 90 250 250
40-85-310 Legal Fees 0 0 2,500 0 0 2,500
40-85-320 Audit Fee 4,074 4,200 4,500 5,548 5,550 5,750
40-85-330 Engineering Fees 3,475 5,965 10,000 2,888 6,500 10,000
40-85-340 Financial Services 0 0 0 0 0 0
40-85-350 Sludge Removal 32,520 41,636 55,000 53,522 47,000 60,000
40-85-370 Professional Services 3,216 3,569 7,000 4,195 6,000 10,000
40-85-375 Reimbursable Prof Services 0 0 0 0 0 0
40-85-410 Bank Charges 0 0 0 0 0 0
40-85-430 Insurance - Plant 25,177 24,167 33,500 5,714 29,922 36,000
40-85-440 Advertising 1,963 0 500 0 500 500
40-85-460 Plant Maintenance and Repair 28,260 24,007 45,000 23,321 40,000 50,000
40-85-475 Grounds Maintenance 1,104 0 1,000 555 500 1,000
40-85-480 Equipment Rental 0 0 500 0 100 500
40-85-490 Professional Memberships 0 450 500 0 500 500
40-85-500 Operating Supplies 2,874 4,560 10,000 2,225 10,000 10,000
40-85-506 Operating Supplies - Chemicals 29,791 27,378 50,000 27,095 45,000 50,000
40-85-510 Equipment Purchase and Repair 4,445 202 10,000 14,585 10,000 10,000
40-85-520 Testing 39,962 51,491 65,000 46,405 45,000 50,000
40-85-525 Permits 0 0 0 0 0 10,000
40-85-550 Postage 216 0 0 25 0 0
40-85-560 Utilities - Telephone 3,256 3,394 5,600 3,157 4,200 5,600
40-85-562 Utilities - Electricity 182,065 182,435 220,000 162,608 195,000 220,000
40-85-565 Utilities - Natural Gas 2,856 1,885 3,500 1,544 3,000 3,500
40-85-567 Utilities - Plant Generator 0 0 500 1,388 0 500
40-85-569 Utilities - Trash Removal 2,028 2,140 2,500 2,079 2,500 2,750
40-85-650 Vehicle Expenses 7,277 4,115 7,500 3,975 7,500 7,500
40-85-690 Miscellaneous Expense 300 414 1,000 0 1,000 1,500
40-85-730 Capital Projects 0 0 0 0 0 0
40-85-740 Capital Purchases 0 0 0 0 0 0
40-85-750 Contingency 0 0 0 0 0 0
40-85-810 Lease/Purchase - Principal 0 0 0 0 0 0
40-85-820 Lease/Purchase - Interest 0 0 0 0 0 0
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40-85-930 Capital Reserve Projects 0 0 0 0 0 0
Sub-Total 600,208 622,379 850,888 590,969 701,347 874,240
Joint Facilities Fund Revenues 798,597 820,769 1,051,128 722,368 903,685 1,076,928
Joint Facilities Fund Expenditures 600,208 622,379 850,888 590,969 701,347 874,240
Joint Facilities Fund Revenues over Expenditure 198,389 198,390 200,240 131,399 202,338 202,688
Joint Facilities Fund O&M Reserve Reduction/Refund
GC#1 Budget Total - O&M Reimb. and Mgmt Fees *287,526 294,027 401,654 245,715 324,495 400,914
WPR Budget Total - O&M Reimb. and Mgmt Fees *188,096 192,675 260,406 160,285 211,579 260,161
TOF Budget Total - O&M Reimb. 153,586 164,677 217,827 143,068 194,273 242,164
* Mgmt Fee Billed/Entity Annually 14,500 14,500 14,500 14,500 14,500 14,500
2015 2016 2017 2017 2017 2018
Actual Actual Budget Year to Date YEE Budget
JOINT FACILITIES FUND - CRR
REVENUES
47-30-100 Interest Income - CRR Accounts 12,243 0 12,000 11,750 12,000 14,000
47-30-110 Interest Income - CIP Accounts 0 0 0 0 0 0
47-30-210 CRR Reimbursable - WPR 0 0 0 0 0 260,010
47-30-215 CIP Reimbursable - WPR 0 0 0 0 0 0
47-30-220 CRR Reimbursable - GC#1 0 0 0 0 0 333,360
47-30-225 CIP Reimbursable - CG#1 0 0 0 0 0 0
47-30-230 CRR Reimbursable - TOF 0 0 0 0 0 306,630
47-30-235 CIP Reimbursable - TOF 0 0 0 0 0 0
47-30-800 Sale of JFOC Fixed Assets 14,216 0 0 0 0 0
47-30-900 Miscellaneous Revenue 0 0 0 5,000 0 0
47-30-990 CRR Carryover Balance 2,233,428 2,095,255 1,924,255 2,095,255 2,095,255 1,562,255
47-30-999 CIP Carryover Balance 0 0 0 0 0 0
Sub-total 2,259,887 2,095,255 1,936,255 2,112,005 2,107,255 2,476,255
EXPENDITURES
Capital Replacement Reserve Projects (existing)
47-60-370 Engineering, Legal and Other Prof. Services 97,277 0 0 43,752 20,000 0
47-60-730 CRR Projects 0 0 100,000 0 50,000 90,000
Capital Improvement Projects (new)
47-65-370 Engineering, Legal and Other Prof. Services 25 0 100,000 15,930 75,000
47-65-730 CIP Projects 67,330 0 321,000 0 400,000 2,335,000
Capital Purchases
47-69-740 Capital Purchases 0 0 0 0 0 0
Sub-total 0 0 521,000 59,683 545,000 2,425,000
Joint Facilites Fund CRR Revenues 2,259,887 2,095,255 1,936,255 2,112,005 2,107,255 2,476,255
Joint Facilites Fund CRR Expenditures 164,632 0 521,000 59,683 545,000 2,425,000
Joint Facilites Fund CRR Revenues over Expenditures 2,095,255 2,095,255 1,415,255 2,052,322 1,562,255 51,255
11/30/2017 13:44
SUCCESS
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