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rSUBJECT:
<br />DATE:
<br />OPEN SPACE & PARKS FUND OVERVIEW
<br />SEPTEMBER 13, 2017
<br />PAGE 5 OF 11
<br />Note that the Open Space & Parks Fund reserves are projected to decline by $3 million.
<br />However, ending reserves are still in compliance with the City's Reserve Policy.
<br />The next table, summarizes City-wide projections of revenue, expenditures, and ending
<br />reserves for 2018.
<br />CITY COUNCIL COMMUNICATION
<br />13
<br />City of Louisville, Colorado
<br />Summary of Revenue, Expenditures, and Changes to Fund Balances
<br />All Funds
<br />2013 Estimate
<br />Beginning
<br />Revenue
<br />Expenditures
<br />Ending
<br />Amount
<br />Percent
<br />Fund
<br />Fund
<br />Fund
<br />& Other
<br />& Other
<br />Fund
<br />of
<br />of
<br />Number
<br />Description
<br />Balance
<br />Sources
<br />Uses flJ
<br />Balance
<br />Change
<br />Change
<br />101
<br />General
<br />$ 5,925,292
<br />$20,020,136
<br />$ 19,881,748
<br />$ 6,063,730
<br />$ 133,437
<br />2%
<br />Special Revenue Funds:
<br />201
<br />Open Space S. Parks
<br />1,044,035
<br />4,573,606
<br />5,126,578
<br />491,064
<br />(552,972)
<br />-53%
<br />202
<br />Conservation Trust - Lottery
<br />379,660
<br />302,750
<br />516,900
<br />165,510
<br />(214,150)
<br />-56%
<br />203
<br />Cemetery Perpetual Care
<br />536,301
<br />25,210
<br />2,300
<br />559,711
<br />22,910
<br />4%
<br />204
<br />Cemetery
<br />33,370
<br />176,640
<br />160,049
<br />48,961
<br />16,591
<br />50%
<br />205
<br />PEG Fees
<br />47,715
<br />21,480
<br />25,040
<br />44,155
<br />(3,560)
<br />-7%
<br />206
<br />Parking Improvement
<br />-
<br />-
<br />-
<br />-
<br />-
<br />207
<br />Historic Preservation
<br />1,112,129
<br />675,030
<br />559,698
<br />1,227,461
<br />115,117
<br />10%
<br />Total Special Revenue Funds
<br />3,153,710
<br />5,774,716
<br />6,390,564
<br />2,537,861
<br />(61.5,849)
<br />-20%
<br />Capital Project Funds:
<br />301
<br />Capital Projects
<br />2,280,495
<br />8,457,677
<br />8,570,897
<br />2,167,275
<br />(113,220)
<br />-5%
<br />302
<br />Impact Fee
<br />57,644
<br />1,392,120
<br />1,294,360
<br />155,404
<br />97,760
<br />170%
<br />303
<br />Recreation Center Construction
<br />22,916,500
<br />-
<br />22,916,500
<br />-
<br />(22,910,E00::
<br />Total Capital Project Funds
<br />25,254,639
<br />9,849,797
<br />32,781,757
<br />2,322,679
<br />(22,931,960)
<br />-91%
<br />Debt Service Funds:
<br />401
<br />Library Debt Service
<br />785,387
<br />550,986
<br />1.335.15-0
<br />223
<br />(785,164)
<br />-1009
<br />402
<br />Recreation Center Debt Service
<br />-
<br />1,740,300
<br />1,140,300
<br />-
<br />-
<br />Total Debt Service Funds
<br />785,337
<br />2,291,288
<br />3,076,450
<br />223
<br />(735,164)
<br />-100'-
<br />Enterprise Funds (WC Basis):
<br />501
<br />Water Utility
<br />12,529,142
<br />11,642,260
<br />8,394,254
<br />15,777,148
<br />3,248,006
<br />26%
<br />502
<br />Wastewater Utility
<br />4,229,459
<br />4,014,970
<br />4,223,504
<br />4,020,925
<br />(208,534)
<br />-5%
<br />503
<br />Stormwater Utility
<br />852,043
<br />732,185
<br />1,007,290
<br />576,943
<br />(275,10.5)
<br />-32%
<br />510
<br />Solid Waste & Recycling Utility
<br />(42,065)
<br />1,641,180
<br />1,618,4`5
<br />(19,340)
<br />22,725
<br />520
<br />Golf Course
<br />199,847
<br />1,624,370
<br />1,579,862
<br />244,356
<br />44,503
<br />22%
<br />Total Enterprise Funds
<br />17,768,431
<br />19,654,965
<br />16,823,365
<br />20,600,031
<br />2,831,600
<br />16%
<br />Internal Service Funds (WC Basis):
<br />602
<br />Technology Management
<br />173,899
<br />71.170
<br />35,750
<br />214,319
<br />35,420
<br />20%
<br />603
<br />Fleet Management
<br />758,837
<br />247.960
<br />145,440
<br />861,357
<br />102,520
<br />14%
<br />Total Internal Service Funds
<br />937,736
<br />319,130
<br />181,190
<br />1,075,676
<br />137,940
<br />15%
<br />Total All Funds
<br />$ 53,825,196
<br />556,169,780
<br />$ 77,384,775
<br />$32,600,201
<br />$(21,224,995)
<br />-39%
<br />IV General Fund Expenditures include a Projected 'Turnbaclr°, witch amounts to
<br />673,763
<br />CITY COUNCIL COMMUNICATION
<br />13
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