2013/14 Recommended Budget - City of St. George

CITY OF ST. GEORGE
GOVERNMENTAL UNIT
2013-2014
FISCAL YEAR
ENTERPRISE FUND BUILDING AUTHORITY
Prior Year Current Year Next Year
Account Description Actual Estimate Budget
Number 2012 2013 2014
OPERATING REVENUE
Charges for Service 102,768 104,505 100,905
Interest Earned 760 875 1,000
Other: Washington County School district 21,925 22,350 21,800
TOTAL OPERATING REVENUE 125,453 127,730 123,705
OPERATING EXPENSES
Personnel Services
Contractual Services
Materials & Supplies 13,398 2,500 5,000
Depreciation 98,336 100,000 100,000
Other: ______________
TOTAL OPERATING EXPENSE 111,734 102,500 105,000
OPERATING INCOME (LOSS) 13,719 25,230 18,705
NON-OPERATING REVENUE (EXPENSE)
TRANSFERS:
Impact Fees
Interest Expense (29,830) (28,855) (24,705)
Operating Trans. from ____________fund
Contrib. from Others
Operating Trans. to General Capital Project's fund (200,000)
Contrib. to Transit fund
NET INCOME (LOSS) (16,111) (3,625) (206,000)
CASH OPERATING NEEDS:
Net Income (Loss) (16,111) (3,625) (206,000)
Plus: Depreciation 98,336 100,000 100,000
Less: Major Improvements & Capital Outlay
Bond Principle Payments (92,000) (98,000) (98,000)
TOTAL CASH PROVIDED (REQUIRED) (9,775) (1,625) (204,000)
CASHFLOW STATEMENT RECON. 9,814
SOURCE OF CASH REQUIRED:
Cash Balance at Beginning of Year 230,498 230,537 228,912
Invest. & Other Curr. Assts to be Conv.
Issuance of Bonds & Other Debt
TOTAL CASH REQUIRED 230,537 228,912 24,912
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