FY12 Adopted Operating Budget & Capital Improvement Budget

City of St. Petersburg, Florida - FY 2012 Adopted Fiscal Plan
Stormwater Utility Operating (4011)
The Stormwater Utility Operating Fund, like all other Enterprise Funds, is used to account for costs that are funded substantially by external (non-City
department) user fees and charges. The fund is required to cover all expenses of the operation (salaries, benefits, services, commodities, and capital outlay) and
allocation of general and administrative costs, payment-in-lieu-of-taxes, as well as any transfers to capital project funds, debt service funds, or return on
investment/equity.
Revenue Summary
FY 2009
Actual
FY 2010
Actual
FY 2011
Adopted
FY 2011
Amended
FY 2011
Estimated
FY 2012
Adopted
FY 2012
Change
Intergovernmental Revenue
Federal Grants 45,363 0 0 0 2,640 0 0.00%
State Grants 6,957 0 0 0 0 0 0.00%
Total Intergovernmental Revenue 52,320 0 0 0 2,640 0 0.00%
Charges For Services
Physical Environment Charges 11,783,898 11,828,564 11,769,885 11,769,885 11,865,481 11,769,885 0.00%
Other Charges For Services 256,513 486,969 300,000 300,000 369,667 300,000 0.00%
Total Charges For Services 12,040,411 12,315,533 12,069,885 12,069,885 12,235,148 12,069,885 0.00%
Misc Revenues
Interest Earnings 158,126 21,053 60,000 60,000 118,925 23,832 (60.28%)
Sale Of Fixed Assets 20,622 2,609 7,000 7,000 21,274 7,000 0.00%
Sale Of Surplus Material 2,431 15,700 0 0 10,214 0 0.00%
Contributions And Donations 15,000 0 0 0 0 0 0.00%
Misc Revenue (30,898) (26,600) (51,000) (51,000) 70 (51,000) 0.00%
Total Misc Revenues 165,281 12,762 16,000 16,000 150,483 (20,168) (226.05%)
Total Revenue Summary 12,258,012 12,328,295 12,085,885 12,085,885 12,388,271 12,049,717 (0.30%)
Appropriations
FY 2009
Actual
FY 2010
Actual
FY 2011
Adopted
FY 2011
Amended
FY 2011
Estimated
FY 2012
Adopted
FY 2012
Change
Wages And Benefits 4,125,546 4,261,276 3,547,687 3,961,467 4,127,636 3,508,181 (1.11%)
Services And Commodities 4,686,744 4,727,961 4,785,369 4,887,418 4,641,300 5,119,720 6.99%
Capital 683 2,415 0 0 1,368 0 0.00%
Transfers Out
Stormwater Debt Service 1,055,061 1,057,856 1,053,000 1,053,000 1,053,000 1,058,000 0.47%
Stormwater Drainage Capital 1,494,804 1,930,000 800,000 800,000 800,000 800,000 0.00%
Total Transfers Out 2,549,865 2,987,856 1,853,000 1,853,000 1,853,000 1,858,000 0.27%
Total Appropriations 11,362,838 11,979,508 10,186,056 10,701,885 10,623,304 10,485,901 2.94%
Increase/(Decrease) in Fund Balance 895,174 348,787 1,899,829 1,384,000 1,764,967 1,563,816
Beginning Balance 2,591,556 3,304,412 4,120,000 4,120,000 4,120,000 5,950,904
Adjustments (182,318) 466,801 0 65,937 65,937 0
Ending Balance 3,304,412 4,120,000 6,019,829 5,569,937 5,950,904 7,514,720
A rate increase is not included in the FY12 Budget for the Stormwater Utility Operating Fund.
Fiscal Year 2012 E-55 Summary Reports