2013/14 Recommended Budget - City of St. George

BUILDING AUTHORITY
The St. George Municipal Building Authority (MBA) was created in 1993. The MBA fund is an enterprise fund and is used to account for
the lease-purchase bonds issued for construction of various projects throughout the City that will be owned by this fund and leased to
other funds. The other funds make lease payments equal to the debt service on the related bonds. The Police Department Building is
currently the only project leased through the MBA.
2013-14
Recommended
Budget
Full-Time Employees $ -
Part-Time Employees $ -
Employee Benefits $ -
Materials & Supplies $ 327,705
Capital Outlays $ -
TOTAL $ 327,705
Materials &
Supplies
$327,705
100.00%
SALARIES & BENEFITS
There are no salaries & benefits associated with this fund.
MATERIALS & SUPPLIES
Debt service for lease/purchase bonds. A transfer of $200,000 is recommended from the fund balance to the Capital Project's Fund to
help fund improvements to the City Annex Building on 200 East for additional office space for the City's Police Dept.
CAPITAL OUTLAYS
Requested Capital Outlays
Recommended Capital Outlays
HISTORICAL INFORMATION
$200,000
$180,000
$160,000
$140,000
$120,000
$100,000
$80,000
$60,000
$40,000
$20,000
$0
2009 2010 2011 2012 Budget 2013 Budget 2014
MATERIALS & SUPPLIES CAPITAL OUTLAYS DEBT SERVICE TRANSFERS
2009 2010 2011 2012 Budget 2013 Budget 2014
MATERIALS & SUPPLIES 13,395 13,398 17,308 13,398 5,000 5,000
CAPITAL OUTLAYS 0 0 0 0 0 0
TRANSFERS 0 0 0 0 0 200,000
DEBT SERVICE 138,480 53,088 125,549 121,830 126,855 122,705
TOTAL 151,875 66,486 142,857 135,228 131,855 327,705
201