2013 Annual Budget - City of Bremerton

Parking System Operating
Special Revenue Fund
Summary:
The Parking System Operating fund was established
as a special revenue fund to account
for the receipt of revenues and expenditures
for all of the City’s parking facilities and lots
comprised of City 4th & Washington parking
garage, Conference Center parking garage,
Park Ave Plaza garage, Fifth & Park lot and
the Craven lots, all metered on-street parking
in the City, and all fees collected from parking
violations. The funds are used to pay for
the contract for parking enforcement services
and maintenance, management and security
services for the City’s parking garages and
other related costs of operating the parking
system.
Parking System Fund
Actual Actual Budget Budget
2010 2011 2012 2013
Revenues
Taxes $0 $0 $0 $0
Licenses & permits 0 0 0 0
Intergovernmental 0 0 0 0
Charges for services 360 350 500 350
Fines & forfeits 330,710 282,252 300,000 250,000
Other revenue 861,013 10,551,028 855,000 888,000
Debt proceeds 0 0 0 0
Total revenue 1,192,083 10,833,630 1,155,500 1,138,350
Expenditures
Personnel 0 0 0 0
Supplies, services & taxes 575,146 555,840 616,233 655,491
Capital expenditures 0 0 0 0
Debt service 164,358 10,202,226 675,705 510,304
Transfers 375,000 175,000 0 80,000
Total expenditures 1,114,504 10,933,066 1,291,938 1,245,795
Revenues over(under) expenditures 77,579 -99,436 (136,438) (107,445)
Beginning fund balance 297,171 374,750 275,314 213,645
Ending fund balance $374,750 $275,314 $138,876 $106,200
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