2013 Annual Budget - City of Bremerton

evenues can be dedicated for other much needed
capital infrastructure throughout the City.
Parks Capital Construction Fund
Expenditures in Parks Capital Construction Fund
are budgeted at $161k for construction costs associated
with the Accessible Playground Project.
Funding is obtained from a CDBG grant award.
Evergreen Park Remediation Fund
The majority of the environmental clean-up effort
on the Chevron site located adjacent to Evergreen
Park has been completed. The chemical reaction
of the remediation effort continues and requires
ongoing monitoring for several years in order to
determine if additional remediation efforts are
necessary. Total expenditures in 2013 for remediation
efforts are $30k.
Enterprise Funds
Water, Wastewater and Stormwater Utilities
The City’s combined utility maintenance and operations
funds’ adopted budgets for 2013 total
$25.6 million. Personnel and supplies and service
costs for operations and maintenance for all utilities
are reduced by $331k, in part by savings in
personnel due to attrition, process efficiencies,
and continued efforts to reduce operations and
maintenance supply costs wherever possible.
Budgeted capital expenditures for 2013 are $9.9
million and are being accounted for in separate
utility capital funds. Debt service is reduced $27k
to $3.534 million, and transfers for PILOT are
decreased by $238k to the General Fund.
In 2012 utility capital project funds were created
in order to increase transparency regarding using
on-going revenues to fund on-going expenditures
within the utilities. In 2013, capital expenditures
are as follows: Water Capital, $3.837 million,
Wastewater Capital, $5.305 million and Stormwater
Capital, $753k.
Estimated ending fund balance (and percent of
operations expense) for the utility operations and
maintenance funds are as follows: Water Utility,
$576k (6.2%), Wastewater Utility, $1.493 million
(10.5%), and Stormwater Utility, $647k (30%).
It is important to note that a comprehensive rate
study is currently underway and preliminary recommendations
are expected by the end of 2012.
The rate study includes working with a citizen
advisory group for public input on potential rate
recommendations.
Gold Mountain Golf Complex
Expenditures for the golf course are budgeted at
$2.075 million, including debt service, $284k.
Operations and maintenance expense for Gold
Mountain are approximately $22k lower than
budgeted in 2012.
Budgeted revenues in 2013 are $2.078 million,
$36k higher than projected for 2012. The additional
revenue can be attributed to higher anticipated
greens fees for 2013.
Due to the transition period with Columbia Hospitality,
changes in budget appropriations may be
brought forward during 2013.
Internal Service Funds
Risk Management
The City’s self-insurance program results are favorable
for 2012 with estimated year-end fund
balance of $1.86 million. Internal charges for
2013 remain relatively flat at $1.53 million with
expenditures increasing by $104k to $1.53 million.
Risk Management remains under the over
site of the City Attorney’s office. An interfund
transfer of $296k is budgeted under professional
services for staff related costs.
Budget Summary
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