2008-09 Final Budget - City of St. George

Review of the Airport Boarding Fee Fund:
This fund receives revenue from an airport passenger facility charge at our airport.
Recommend transfer of $1,000,000 to the Replacement Airport Fund.
Review of the Dinosaur Track Preservation Fund:
This fund is responsible for operation of the dinosaur museum and site. Fees are
charged for admission to the facility, and we anticipate total revenues to be
$119,500 from this source. We should be close to even this year.
Review of Community Development Block Grant Funds:
This fund accounts for federal Community Development Block Grant funds that
come to the City because of our
entitlement status. The funds are very
restricted and can only be used for
projects that benefit low to moderate
income individuals. Projects included in
this budget are: the Firehouse Park at
Dixie Downs, down payment assistance
program, improvements in the Bowler
Ence Marsh subdivision, and TURN
Community Services. Funds to be spent
total $474,137 plus carryover from the
previous year for a total of $624,137.
9
Review of Self Insurance
Fund:
This fund handles insurance
premiums for various City
insurance coverages. It also
serves as a fund for those
claims not covered by our
insurance. Assessments are
made to the various
departments based on a
formula of coverages.
Estimated expenditure for
2008-2009 is $470,000.
Review of Transit Operation
Fund:
This fund is responsible for
providing bus service to