1995 BUDGET - Laserfiche WebLink

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Sewer Fund: The operating revenues (user fees) for the Sewer Fund are budgeted at $1,047,205 with operating expenditures of $1,047,205. Debt service expenditures for 1995 are $287,215 and are funded with sewer assessment fees and sewer tap fees. The 1995 capital outlays of $1,191,805 in the Sewer Fund include: • Plant Expansion and Improvements, $868,805 • Eastside sewer interceptor, $230,000 • Motor vehicle/road equipment, $93,000 Golf Course Fund: The Coal Creek Golf Course is managed and operated by Evergreen Alliance Golf Limited (EAGL). EAGL operates the facility; collects and disburses monies; employs all Golf Course employees; purchases and sells food, beverages, merchandise, supplies and services; and performs other day-to-day activities relative to the facility. For 1995 golf operation fees are based on 52,000 rounds of golf. Included in the 1995 revenues are an increase of $.50 for nine play resident and $1.00 increase for nine play non-resident; a $1.00 increase for resident 18-hole play and a $2.00 increase for non-resident 18-hole play. Total gross revenues for 1995 are budgeted at $1,606,800. The 1995 operating expenditures are proposed at $1,020,115. The 1995 Golf Course capital outlays of $110,000 include: $83,000 in construction activity at the golf course, $22,000 for a raw water line, and $5,000 for mechanical equipment. Fleet Management Fund: In 1991 the City of Louisville established the Fleet Management Fund for the purpose of escrowing money for the replacement of governmental fund assets, such as office equipment, machinery and equipment, vehicles and furniture/fixtures. Resources for financing the replacement of capital equipment is generated by amortizing the cost of capital equipment over its estimated useful life. This is accomplished by charging each general fund user department its appropriate depreciation expense. The total 1995 Fleet Management Fund budget is $134,100. viii