2009-10 Adopted Budget - City of Hoquiam

Arterial Street Fund - #107The following chart and graph entitled “Arterial Street Fund, History and Forecast”illustrate historic and projected Arterial Street revenues. This source of state allocatedrevenue, like the Street Fund #106 is also gas taxes, and is budgeted to remain flat overthe coming years.At one time, the City was required to maintain one fund for streets and one fund forarterial streets. However, now the Street Fund #106 and the Arterial Street Fund #107could legally be combined in to one fund. Therefore, their total resources should beconsidered when making budgetary decisions.Total resources needed to support Arterial Street operations for 2009 equal $70,595,and $70,595 in 2010.Actual Actual Actual Actual Actual Actual Actual Actual Forecast BudgetBARS # 107 ARTERIAL STREET FUND 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009Beginning Balance336.00.87 Motor Vehicle Fuel Tax $63,647 $62,576 $60,826 $59,517 $58,099 $60,473 $65,719 $68,282 $71,230 $65,595361.10.00 Investment Interest -$85 $538 $691 $690 $1,018 $3,235 $6,740 $8,808 $3,080 $5,000TOTAL : $63,562 $63,114 $61,517 $60,207 $59,117 $63,708 $72,458 $77,090 $74,310 $70,595Annual % Change: -0.7% -2.5% -2.1% -1.8% 7.8% 13.7% 6.4% -3.6% -5.0%Average % Change since 2000: -0.7% -1.6% -1.8% -1.8% 0.1% 2.4% 3.0% 2.1% 1.3%Transfers In $29,215 $0 $0 $0 $0 $0 $0 $0 $0 $0TOTAL REVENUE $92,777 $63,114 $61,517 $60,207 $59,117 $63,708 $72,458 $77,090 $74,310 $70,59562