Biennial Budget 2 0 0 9 - 2 0 1 0 - Cobb County Government

The Bottom Line
Water SDF Fund
FUND STRUCTURE
Water System funding is currently budgeted in four funds (one operating and three
capital); however, for purposes of the Comprehensive Annual Financial Report, this
funding is considered a single Enterprise (Proprietary) Fund. The Water System
Development Fund (SDF) was established to fund capital development and expansion
of the water system. Projects are funded by system development fees and sometimes
by interfund transfers from the Water RE&I Fund.
ISSUES & TRENDS
The large increases beginning in FY 08 are due primarily to the funding of two major
sewer projects. The largest being the Southwest Cobb Sewerage Tunnel which will be
funded over several years. This tunnel will convey sewerage to the South Cobb plant,
which is one of the two plants being expanded starting in FY 07.
REVENUE & EXPENSE SUMMARY
Below is a presentation of revenues and expenses by category. This provides a seven
year picture of actual, adopted, proposed and projected budgets.
Category
Description
FY 07
Actual
FY 08
Adopted
FY 09
Adopted
FY 10
Proposed
FY 11
Projected
FY 12
Projected
FY 13
Projected
Revenue Category
Local-Fulton Co. $0 $0 $900,000 $0 $0 $0 $0
System Develop.
Fees
$5,096,860 $7,900,000 $4,000,000 $4,000,000 $6,250,000 $6,250,000 $6,250,000
Interest Earnings $1,163 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000
Other Financing $87,923 $51,498,755 $51,028,928 $51,143,542 $51,679,340 $53,243,187 $52,679,340
TOTAL $5,185,946 $59,498,755 $56,028,928 $55,243,542 $58,029,340 $59,593,187 $59,029,340
Expense Category
Engineer/Design $3,220,334 $4,680,000 $6,720,000 $6,060,000 $6,960,000 $6,000,000 $7,080,000
Construction $36,893 $34,320,000 $49,280,000 $44,440,000 $51,040,000 $44,000,000 $51,920,000
Land Acquisition $307,429 $0 $0 $0 $0 $0 $0
Administration $35,061 $36,043 $28,928 $29,340 $29,340 $29,340 $29,340
Other Expenses $250,907 $0 $0 $0 $0 $0 $0
Interfund-RE&I $21,107 $20,457,000 $0 $4,714,202 $0 $9,563,847 $0
Contingency $0 $5,712 $0 $0 $0 $0 $0
TOTAL $3,871,731 $59,498,755 $56,028,928 $55,243,542 $58,029,340 $59,593,187 $59,029,340
FY 09/10 BIENNIAL BUDGET
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