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HomeMy WebLinkAboutRes2019-104 Sponsored by: Meszaros Public Hearing#1: November 25,2019 Public Hearing#2: December 9, 2019 CITY OF SEWARD,ALASKA RESOLUTION 2019-104 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, ADOPTING THE MOTOR POOL INTERNAL SERVICE FUND OPERATING BIENNIAL BUDGET FOR CALENDAR YEARS 2020 AND 2021 WHEREAS, the City Manager has submitted to the City Council a proposed biennial budget for the City of Seward for Calendar Years 2020 and 2021; and WHEREAS, the preliminary biennial budget was reviewed by the City Council in budget work sessions on October 15, October 16, October 25 & November 8, 2019, which were televised to the public; and WHEREAS, a public hearing is scheduled on the proposed budget for November 25, 2019, and a second public hearing and final adoption is scheduled for December 9,2019. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD,ALASKA, that: Section 1. The Motor Pool Internal Service Fund biennial budget for Calendar Years 2020 and 2021, which is attached hereto and made a part hereof by reference and which contains estimated revenues and expenses for the period January 1, 2020 - December 31, 2021, is hereby adopted,and the necessary funds are hereby appropriated. Section 2. This resolution shall take effect immediately upon adoption. PASSED AND APPROVED by the City Council of the City of Seward, Alaska,this 9`h day of December. TEI O SE SKA Christy Terry, 1 or CITY OF SEWARD, ALASKA RESOLUTION 2019-104 AYES: Seese, Butts, McClure, Osenga, Terry NOES: Baclaan, Lane ABSENT: None ABSTAIN: None ATTEST: Brenda J. Ballo M City Clerk (City Sef•'3 '' 4k,4,9Cft p A T05 •�1s■oisp�6��,R 4QsC6 OF {;, i,►o`o,� to"esmta5s,°6 MOTOR POOL INTERNAL SERVICE FUND Budgeted Statement of Revenues, Expenses and Change in Net Position For 2020 and 202I 2018 2019 2020 2021 Actual * Budget Budget Budget Operating revenues - vehicle rental $357,000 $357,000 $7I9,000 $635,990 Operating expenses - depreciation and other 40I,22I 353,526 324,456 420,000 Operating income (loss) (44,22I) 3,474 394,544 2I5,990 Non-operating revenue(expense) Interest income 56,000 I5,000 I5,000 I5,000 Interest expense 0 0 0 0 Other non-operating 6,9S4 33,I I3 29,677 26,059 Total non-operating revenue(expense) 62,954 48,113 44,677 4I1059 Earnings before transfers I8,733 5I,587 439,22I 257,049 Transfers(to)from other funds 0 0 0 0 Change in net position I8,733 5I,587 439,22I 257,049 Beginning net position 4,833,264 4,85I,997 4,903,584 5,342,805 Ending net position $4,85I,997 # $4,903,584 $5,342,805 $5,599,854 # Ties to annual Comprehensive Annual Financial Report 54 City of Seward Motor Pool Internal Service Fund 2020/2021 Biennial Operating Budget Revenue Detail by Line Item 10/31/2019 2016 2017 2018 2019 2019 2020 2019-20 2021 tevenues Actual Actual Actual Actual YTD Budget Budget %Chq Budget 13000 4632 Insurance Recovery 2,598 0 0 0 0 0 0.00 0 13000 5901 EF Investment Interest 1,470 17,199 22,887 46,767 15,000 15,000 0.00 15,000 13000 5904 EF Misc.Interest Revenue 39,481 36,379 33,113 0 29,677 26,059 (12.19) 26,059 13000 5910 Gain on Sale of FA 9,000 638 6,954 0 0 0 0.00 0 13000 5950 Motor Pool Vehicle Rent 291,600 175,000 357,000 297,500 0 0 0.00 0 13000 5960 Veh.Rent/ 0 0 0 0 357,000 719,000 101.40 635,990 otal Revenues $ 344,149 $ 229,216 $ 419,954 $ 344,267 $ 401,677 $ 760,059 $ 89.22 $ 677,049 55 City of Seward Motor Pool Internal Service Fund 2020/2021 Biennial Operating Budget Expenditure Line Item by Fund 2016 2017 2018 2019 2019 2020 2019-20 2021 Personnel Costs: Actual Actual Actual Thru 9/30 Bud et Budget %Cha Bud et Non-Personnel Costs: 7009 Contracted Services 1,430 0 0 0 0 0 0.00 0 7215 Operating Supplies 6,055 0 0 76 0 0 0.00 0 7216 Maintenance&Repair 0 0 4,700 0 0 0 0.00 0 7217 Small Tools&Equipment 1,032 935 4,155 0 0 0 0.00 0 7303 Education&Training 0 9,574 0 0 0 0 0.00 0 7900 Depreciation Expense 450,049 425,878 392,366 331,427 353,526 324,456 (8.22) 420,000 8000 Loss on Sale of Fixed Assets 0 6,534 0 0 0 0 0.00 0 8103 Capital Equipment 0 0 411,052 564,770 351,275 522,000 48.60 455,000 Total Non Personnel Costs: $ 458,566 $ 442,921 $ 812,273 $ 896,273 $ 704,801 $ 846,456 $ 20.10 $ 875,000 Total Expenditures $ 458,566 $ 442,921 $ 812,273 $ 896,273 $ 704,801 $ 846,456 $ 20.10 $ 875,000 56