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HomeMy WebLinkAboutRES2024-012 Mid-Cycle Budget1 1 f Sponsored by: Sorensen CITY OF SEWARD, ALASKA RESOLUTION 2024-012 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, AMENDING THE FY 2023-2024 BUDGET TO REFLECT MID - CYCLE BUDGET ADJUSTMENTS AND APPROPRIATING FUNDS WHEREAS, the FY 2023-2024 Operating Budget was passed on December 12, 2022, reflecting the budget period from January 1, 2023, through December 31, 2024; and WHEREAS, budget adjustments are made at various points during the year, and these additional mid -cycle budget amendments reflect updated information in the General Fund, such as decreases in expenditures and revenue related to the closure of the Jail Facility, adjustments to the PILT contribution to the General Fund due to increase of the Electric Power Rate charge, an increase of investment income across the City due to market conditions, increased of revenue incorporated new fee schedule to the budget. Increase in expenditures to the General Fund related to adjustments on the salaries funding a vacant position in the Police Department and personnel corrections for various departments. Increase in expenses to the General Fund due to outsourcing the utility billing services. WHEREAS, these additional mid -cycle budget amendments reflect updated information in the Enterprise Fund, such as an increase in the revenue due to the increase of .06 by KwH on the Electric Power Rate charge on the Electric Department and an increase in the expenses across the city as utility expenses. Adjustments are made to incorporate the funding of the Electric Major Repair and Replacement Fund, which is intended to replace electric capital assets on the outgoing infrastructure projects. Increase of the expenditures related to the contracting services of the MEA management contract and the Right of Way Clearing. The increase in revenue in the Harbor Fund is related to the increases in the Harbor Power Sales and the Increase in revenue for the SMIC due to the increase in activity. Increase of the revenue on the Parking Fund due to increased activity and enforcement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The General Fund 2024 Budget is hereby amended, and funds are hereby appropriated according to the adjustments included on the attached Schedule A, as follows: 1) Revenues are adjusted for a net increase of $16,033; 2) Various expenditures are adjusted for a net decrease of ($115,989). Section 2. Enterprise Fund 2024 reflects allocated revenue and expenses according to the adjustments included on the attached Schedule B, as follows: 1) The Harbor Enterprise Fund revenue are increased by $107,000; the expenditures increased by $105,000 2) The SMIC Enterprise Fund expenses are increased by $180,000; the revenue is increase by $74,500 3) the CITY OF SEWARD, ALASKA RESOLUTION 2024-012 Page 2 of 2 Parking Enterprise Fund expenses are increased by $10,000; the revenue is increased by $42,000 4) the Electric Enterprise Fund expenses are increased by $4,567,313; the revenue is increase reflecting the increase of the Electric Power Rate Charge by KwH by $3,641,454) the Water Enterprise Fund expenses are increased by $36,000; the revenue increase by $50,000 and 6) the Wastewater Enterprise Fund expenses are increased by $210,000; the revenue are increased by $50,000. Section 3. This resolution shall take effect immediately upon its adoption. PASSED AND APPROVED by the City Council of the city of Seward, Alaska, on the 12th day of February 2024. THE CITY OF SEWARD, ALASKA En1c au Sue McClure, Mayor AYES: Crites, Wells, Finch, Barnwell, Calhoon, Osenga, McClure NOES: None ABSENT: None ABSTAIN: None ATTEST: Kris Peck City Clerk (City Seal) '•••••'■ OF SEyP•,.,, :A. t:' -6-.E`� 't : • : SEAL 1 ■ .- F OF AG `„,,, 11r,11" 1 1 City Council Agenda Statement Meeting Date: February 12, 2023 To: City Council Through: Kat Sorensen, City Manager From: Sully Jusino Finance Director Subject: Resolution 2024-012: Amending the FY 2023-2024 Budget to Reflect Mid -Cycle Budget Adjustments and Appropriating Funds Background and justification The 2022 Annual Budget, which covers the period January 1, 2023, through December 31, 2024, was passed on December 12, 2022. Periodically, adjustments are made to the budget as new data becomes available regarding revenues and/or changing priorities and projects. It is prudent for the City to budget revenues on the conservative side to avoid adverse impacts that come from reduced economic activity, higher fuel costs, State budget reductions, or cost —shifting. The specific requested budget adjustments are listed on the attached schedules, with major changes described below. Mid -cycle budget adjustments are made at various points during the year, and these additional mid -cycle budget amendments reflect updated information in the General Fund, such as decreases in expenditures and revenue related to the closure of the Jail Facility, adjustments to the PILT contribution to the General Fund due to increase of the Electric Power Rate charge, an increase of investment income across the City due to market conditions, increased of revenue incorporated new fee schedule to the budget. Increase in expenditures to the General Fund related to adjustments on the salaries funding a vacant position in the Police Department and personnel corrections for various departments. Increase in expenses to the General Fund due to outsourcing the utility billing services. These additional mid -cycle budget amendments reflect updated information in the Enterprise Fund, such as an increase in the revenue due to the increase of .06 by KwH on the Electric Power Rate charge on the Electric Department and an increase in the expenses across the city as utility expenses. Adjustments are made to incorporate the funding of the Electric Major Repair and Replacement Fund, which is intended to replace electric capital assets on the outgoing infrastructure projects. Increase of the expenditures related to the contracting services of the MEA management contract and the Right of Way Clearing. The increase in revenue in the Harbor Fund is related to the increases in the Harbor Power Sales and the Increase in revenue for the SMIC due to the increase in activity. Increase of the revenue on the Parking Fund due to increased activity and enforcement. The intent of this resolution is to amend the 2022 Budget as described in the narrative above, plus appropriate funds as listed in the attachments. Comprehensive and Strategic Plan Consistency Information This legislation is consistent with (citation listed): Comprehensive Plan: 11.3 City Government and Finances Strategic Plan: Other: Total amount of funds listed in this legislation: $ This legislation (✓): Creates revenue in the amount of: General Fund Revenue Net Increase: $ 16,033 Enterprise Fund Revenue Net Increase: $ 3,964,954 Creates expenditure in the amount of: General Fund: $ (115,989) Harbor Enterprise Fund $ 105,000 SMIC Enterprise Fund $ 180,000 Parking Enterprise Fund $ 10,000 Electric Enterprise Fund $ 4,567,313 Water Enterprise Fund $ 36,000 Wastewater Enterprise Fund $ 210,000 Creates a savings in the amount of: $ Has no fiscal impact Funds are (✓): Budgeted Not budgeted Not applicable Line item(s): Various please see the attachments. Unassigned Fund Balance and Available Unrestricted Cash Balance Information Fund (V): ✓ General ✓ SMIC ✓ Electric ✓ Wastewater ✓ Boat Harbor ✓ Parking ✓ Water Healthcare Motor Pool Other General Fund Available Fund Balance*: Harbor Enterprise Available Fund Balance*: SMIC Enterprise Available Fund Balance*: $ 11,469,872 *Unaudited numbers. Period ends 12/31/23. $ 37,650,508 $ 44,327,680 Parking Enterprise Available Fund Balance*: $ 1,455,100 Electric Enterprise Available Fund Balance*: $ 10,731,258 Water Enterprise Available Fund Balance*: $ 9,140,652 Wastewater Enterprise Available Fund Balance*: $ 6,038,265 Finance Signature: Yes Attorney Signature: Not applicable Comments: Administration Recommendation Adopt Resolution Other: GENERAL FUND: REVENUE CHANGES: City of Seward - General Fund 2024 Proposed Mid -Cycle Budget Adjustments Schedule "A" Revenue Increases: Revenue Decreases: Amount Account Name Account Number Description Amount Account Name Account Number Description $ $ 68,000 Transfers -In 265,000 Transfers -In 500,000 GF Interest on Investments 10,950 Short Term Rental $ 01000-0000-3700-80015 01000-0000-3700-15000 01000-0000-4500 01000-0000-4317 Closing of Animal Shelter Construction Fund Increase in the PILT contribution to GF Increase in investment rate of return New fee incorporating to the budget (118,300) Admin. Exp.-Jail (144,807) Gravel Sales (564,810) Jail Contract 843,950 Estimated Revenue Increase $ (827,917) Estimated Revenue Decrease $ 843,950 Estimated Revenue Increases $ (827,917) Estimated Revenue Decreases $ 16,033 Estimated Net (Decrease) in Revenues 01000-0000-4300 01000-0000-4611 01000-1211-4202 Closing of Jail - eliminate Admin Fee Adjusting due to one time revenue Closing of Jail Contract EXPENDITURE CHANGES: Expenditure Increases: Expenditure Decreases: Amount Account Name Account Number Description Amount Account Name Account Number Description $ 22,000 Audit 01000-1110-7000 Increased audit conract fees in 2023 (741,004) Various $ 53,000 Various 01000-1110-XXXX Personnel adjustment due to change in Department (20,000) Salaries $ 31,500 Various 01000-1121-XXXX Personnel cost correction (1,400) Gas & Lube $ 100,000 Contracted Services 01000-1140-7009 Outsourced Utility Billing Services $ 64,750 Various Dept. 1210 Fill Vacant position in Police Dept. $ 75,000 Overtime 01000-1210-6001 Continued extra overtime needed $ 141,225 Various Dept. 1220 Correctly budgeting for firefighter position $ 20,000 Salaries 01000-1122-6000 Shift in hours between with CD $ 38,850 Various Dept. 1250 Personnel adj. to correct budget $ 30,540 Various Dept. 1312 Personnel adj. to correct budget $ 1,400 Gas & Lube 01000-1220-7211 Adjust from building for acutal usage $ 68,150 Utilities Various Increase for electric costs and overall increases $ 646,415 Estimated Expenditure Increase $ (762,404) Estimated Expenditure Decrease $ 646,415 Estimated Expenditure Increases $ (762,404) Estimated Expenditure Decreases $ (115,989) Estimated Net (Decrease) in Expenditures and Transfers Out Estimated Net Change in Fund Balance 16,033 Estimated Net (Decrease) in Revenues (115,989) Estimated Net (Decrease) in Expenditures $ 132,022 Estimated net change in fund balance Dept. 1211 01-1115-6000 01-1250-7211 Closing of Jail Contract Shift in hours between with PZ Adjust for acutal usage City of Seward - Enterprise Funds 2024 Proposed Mid -Cycle Budget Adjustments Schedule "B" ENTERPRISE FUND CHANGES Harbor Fund Revenue Increases: Amount Department Account Name Description $ $ 35,000 72,000 $ 11000-2000-5901 11000-2005-5105 107,000 Estimated Revenue Increase EF Investment Interest Increased rate of return Harbor Power Sales Increase of the electric rate Expenditure Increases: Amount Department Account Name Description $ 3,000 Various Utilities Increase for electric costs and overall increases $ 30,000 11000-2001-6000 Salaries Increased for anticipated director retirement payout $ 72,000 11000-2005-7100 Power for Resale increase of the power cost $ 105,000 Estimated Expenditure Increase $ 2,000 Estimated Net Impact SMIC Fund Revenue Increases: Amount Department Account Name Description $ 4,500 12000-2500-5901 EF Investment Interest Increased rate of return $ 20,000 12000-2501-5101 Moorage Increased rate and activity $ 50,000 12000-2501-5102 Wharfage Increased rate and activity $ 74,500 Estimated Revenue Increase Expenditure Increases: Amount Department Account Name Description $ 180,000 12000-2500-7100 General Power For Resale Increase in costs and activity $ 180,000 Estimated Expenditure Increase $ (105,500) Estimated Net Impact Parking Fund Revenue Increases: Amount Department Account Name Description $ 9,000 13000-2900-5901 EF Investment Interest Increased rate of return $ 18,000 13000-0000-5200 S. Harbor Lot Increased due to increased activity and enforcement $ 15,000 13000-0000-5202 N.E. Ramp Lot Increased due to increased activity and enforcement $ 42,000 Estimated Revenue Increase Expenditure Increases: Amount Department Account Name Description $ 10,000 13000-2900-7009 Contracted services Increased activity in 2023 and anticipated in 2024 $ 10,000 Estimated Expenditure Increase $ 32,000 Estimated Net Impact Electric Fund Revenue Increases: Amount Department Account Name Description $ 3,481,454 $ 160,000 15000-0000 15000-0000-5901 $ 3,641,454 Estimated Revenue Increase Various Revenue Increase Due to rate change EF Investment Interest Increased rate of return Expenditure Decreses: Amount Department Account Name Description Estimated Expenditure Increase Expenditure Increases: Amount Department Account Name Description $ 650,000 $ 265,000 $ 1,000,000 $ 150,000 $ 271,221 $ 111,176 $ 2,098,916 $ 21,000 $ 4,567,313 15000 0000 3710 0000 15001 15001 0000 3710 0000 01000 15000-3000-7009 15000-3000-7003 15000-xxxx=7215 15000-3006-7102 15000-3006-7101 Various Estimated Expenditure Increase $ (925,859) Estimated Net Impact Transfer Out Transfer Out Contracted Services Bank and Credit Card Fees Operating Supplies Chugach Power Purchases Chugach Power Purchases Utilities Transfer to MRRF Increase in the PILT contribution to GF MEA Contract/Res.2023-138 Rigth-Of- way Clearing Increased fees for online payments Increased due increase of Work and Job Orders Res.2023-032/ 44J0& WO FY23 Adjust based on allocation and increase in fees Adjust based on allocation and increase in fees Increase for electric costs and overall increases Water Fund Revenue Increases: Amount Department Account Name Description $ 50,000 17000-0000-5901 EF Investment Interest Increased rate of return $ 50,000 Estimated Revenue Increase Expenditure Increases: Amount Department Account Name Description $ 36,000 Various Utilities Increase for electric costs and overall increases $ 36,000 Estimated Expenditure Increase $ 14,000 Estimated Net Impact Wastewater Fund Revenue Increases: Amount Department Account Name Description $ 50,000 18000-0000-5901 EF Investment Interest Increased rate of return $ 50,000 Estimated Revenue Increase Expenditure Increases: Amount Department Account Name Description $ 210,000 Various Utilities Increase for electric costs and overall increases $ 210,000 Estimated Expenditure Increase $ (160,000) Estimated Net Impact Revenues: 4000 Tax Revenue - Sales 4010 Tax Revenue - Real Property 4011 Tax Revenue - Personal Property 4012 Tax Revenue - Motor vehicle 4013 Tax Revenue - Oil Property 4020 Hotel/Motel Room Tax 4030 Payments in Lieu of Tax 4031 Contra Payments in Lieu of Tax 4040 Penalties and Interest on Taxes 4100 Building Permits 4101 Permits - Taxi 4102 DMV - Drivers License 4103 DMV - Motor Vehicles 4104 Animal Control Licenses 4105 Business License 4106 License and Permits - Misc 4107 Inspection Fees 4200 Revenue Sharing 4201 PERS On -Behalf payments by SOA 4202 Jail Contract 4203 Dispatch Contract w/State of AK 4204 KPB 911 Dispatch 4206 Alaska Raw Fish Tax 4207 Fisheries Resource Landing Tax 4208 Alaska Marijuana Application Fees 4251 Grant Revenue - Federal Grants 4252 Grant Revenue - State Grants 4253 Grant Revenue - Misc Grants 4300 Admin. Exp. - Jail Fund 01000 - General Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Actual AII/ Budget All Actual All Actual All Actual All Actual All Unadited Annual Variance FYE FYE FYE FYE YTD Budget Over/(Under) 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2023 12/31/2023 5,674,688.82 3,304,460.61 6,861,101.38 7,635,647.71 7,026,714.48 6,500,000.00 526,714.48 1,074,014.84 1,124,268.58 1,170,661.99 1,214,960.29 1,298,797.81 1,250,000.00 48,797.81 432,891.46 426,660.09 463,638.29 469,568.05 394,755.36 465,000.00 (70,244.64) 23,069.01 22,204.70 20,916.13 21,110.89 17,418.62 24,000.00 (6,581.38) 26,899.47 0.00 0.00 0.00 552.96 0.00 552.96 591,674.45 217,433.55 713,632.61 804,510.59 813,805.70 725,000.00 88,805.70 120,134.22 46,312.42 130,374.57 147,704.69 152,759.06 90,000.00 62,759.06 (43,440.00) 0.00 (41,313.75) (136,677.34) 0.00 0.00 0.00 6,309.76 2,045.95 7,003.20 3,897.51 3,260.72 3,500.00 (239.28) 98,978.43 45,777.41 71,090.66 106,019.82 120,795.54 70,400.00 50,395.54 1,316.52 867.68 587.30 2,178.82 2,441.30 1,000.00 1,441.30 29,909.50 20,490.20 9,057.50 15,737.50 16,240.00 20,000.00 (3,760.00) 70,825.80 43,540.50 22,031.90 42,684.60 46,009.20 60,000.00 (13,990.80) 200.00 235.00 100.00 85.00 85.00 200.00 (115.00) 21,120.00 22,590.00 11,670.00 33,120.00 21,540.00 22,000.00 (460.00) 3,701.32 2,973.75 2,349.30 7,460.70 2,955.38 3,150.00 (194.62) 3,552.73 1,363.00 1,625.89 0.00 6,180.00 1,600.00 4,580.00 111,593.01 75,856.20 85,792.83 136,622.12 0.00 0.00 0.00 249,434.80 306,531.20 312,755.73 256,365.24 0.00 0.00 0.00 368,952.00 368,952.00 368,952.00 368,952.00 521,536.87 564,810.00 (43,273.13) 36,000.00 36,000.00 36,000.00 36,000.00 27,000.00 36,000.00 (9,000.00) 52,800.00 52,800.00 52,800.00 52,800.00 52,800.00 52,800.00 0.00 350,481.58 179,066.06 350,481.58 370,952.88 317,042.29 400,000.00 (82,957.71) 2,006.05 2,531.18 1,861.25 9,927.91 5,049.39 2,400.00 2,649.39 300.00 0.00 300.00 0.00 0.00 300.00 (300.00) 4,896.50 37,482.32 9,979.00 50,231.80 10,229.32 485,500.00 (475,270.68) 7,000.00 9,229.72 1,850.88 7,000.00 9,546.00 7,000.00 2,546.00 6,532.25 2,547.40 500,000.00 14,636.01 0.00 2,500.00 (2,500.00) 92,760.96 110,103.00 112,537.00 114,788.00 118,225.00 118,225.00 0.00 Proposed Mid - Budget All Cycle Changes Annual Budget Adjustments YTD 12/31/2024 12/31/24 12/31/24 6,500,000.00 - 1,275,000.00 - 465,000.00 24,000.00 - 0.00 725,000.00 - 90,000.00 0.00 - 3,500.00 71,000.00 - 1,000.00 20,000.00 - 60,000.00 250.00 - 22,000.00 3,150.00 - 1,660.00 0.00 - 0.00 564,810.00 (564,810.00) 36,000.00 52,800.00 400,000.00 2,400.00 300.00 485,500.00 7,000.00 2,500.00 118,300.00 (118,300.00) 6,500,000.00 1,275,000.00 465,000.00 24,000.00 725,000.00 90,000.00 3,500.00 71,000.00 1,000.00 20,000.00 60,000.00 250.00 22,000.00 3,150.00 1,660.00 36,000.00 52,800.00 400,000.00 2,400.00 300.00 485,500.00 7,000.00 2,500.00 4301 Admin Exp.- Harbor 4302 Admin. Exp. - SMIC 4303 Admin. Exp.- Parking Fund 4304 Admin. Exp. - Electric 4305 Admin. Exp. - Water 4306 Admin. Exp. - Sewer 4307 Copying Fees 4308 Sales Tax Credit 4309 Zoning Fees 4311 Zoning Fees 4312 Walkable Mural Application Fee 4313 Comm Dev Printing Fees 4314 Rezone Fee 4315 Replat Fee 4316 Conditional Use Permit 4317 Short Term Rental 4318 Sign Permit 4320 Misc Dog Fees 4321 Miscellaneous Jail Revenue 4322 Miscellaneous Dispatching 4323 Miscellaneous Police Fees 4324 Animal Shelter Donations 4330 Street Work Orders 4331 Shop Work Orders 4340 P&R: Public Use Fees 4341 P&R: Punchard Fees 4342 P&R: Class Registrations 4343 P&R: Facility Rental 4344 P&R: Tournaments 4345 P&R: Special Events 4347 P&R: Shower Fees 4348 P&R: Rock Wall Fees 4349 P&R: Pavilion Fees 4350 P&R: Camping Fees 4351 P&R: Camping w/Utilities 4352 P&R: RV Dump Station 4353 P&R: Misc Revenue 4356 P&R: Cemetery Plot Fees 4357 P&R: Memorial Bench Fees 4358 P&R: Camping Reservation Cancellation Fees 365,435.00 369,820.44 374,258.00 451,488.00 465,035.00 465,035.00 0.00 478,980.00 97,539.96 98,709.12 99,895.00 148,709.00 153,170.00 153,170.00 0.00 157,760.00 - 11,400.00 11,536.56 11,675.00 12,025.00 12,385.00 12,385.00 0.00 12,760.00 953,306.03 964,746.72 976,322.00 1,005,612.00 1,035,780.00 1,035,780.00 0.00 1,066,855.00 - 262,991.04 262,991.00 269,340.00 277,420.00 285,743.00 285,743.00 0.00 294,315.00 160,605.96 162,532.56 164,483.00 169,425.00 172,805.00 172,805.00 0.00 176,261.00 - 5,666.31 2,449.94 1,892.92 5,180.09 11,894.56 5,000.00 6,894.56 5,000.00 5,000.00 4,000.00 4,000.00 4,000.00 3,000.00 4,000.00 (1,000.00) 4,000.00 - 4,079.91 2,025.36 4,945.75 4,942.81 1,853.52 2,000.00 (146.48) 2,000.00 233.65 0.00 0.00 0.00 100.00 0.00 100.00 0.00 - 0.00 0.00 0.00 0.00 2,000.00 0.00 2,000.00 0.00 0.00 0.00 0.00 340.00 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00 0.00 300.00 0.00 300.00 0.00 0.00 0.00 0.00 0.00 370.10 0.00 370.10 0.00 - 0.00 0.00 0.00 0.00 990.00 0.00 990.00 0.00 - 0.00 0.00 0.00 0.00 10,450.00 0.00 10,450.00 0.00 10,950.00 0.00 0.00 0.00 0.00 60.00 0.00 60.00 0.00 1,139.00 550.00 300.00 210.00 857.00 500.00 357.00 500.00 - 0.00 0.00 0.00 0.00 16,811.06 0.00 16,811.06 0.00 10,000.00 10,000.00 9,999.96 10,000.00 0.00 0.00 0.00 0.00 - 3,505.68 1,869.90 1,925.00 2,648.00 2,310.00 2,500.00 (190.00) 2,500.00 0.00 0.00 0.00 0.00 26,708.72 0.00 26,708.72 500.00 - 0.00 0.00 50.00 489.40 0.00 0.00 0.00 0.00 2,720.65 1,473.50 2,471.00 868.00 395.90 2,261.00 (1,865.10) 2,261.00 - 3,751.59 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4,852.93 1,884.12 0.00 317.75 2,014.68 0.00 2,014.68 0.00 - 53,273.10 2,983.25 1,408.75 315.00 1,250.00 1,500.00 (250.00) 2,000.00 9,404.49 4,277.11 28.04 13,731.92 18,384.72 9,000.00 9,384.72 9,180.00 - 204.86 514.02 0.00 0.00 684.30 0.00 684.30 0.00 - 20,922.09 6,751.27 12,927.93 13,135.93 22,310.12 19,917.00 2,393.12 20,717.00 - 21,221.93 9,581.30 7,832.34 0.00 0.00 0.00 0.00 0.00 - 271.98 110.30 0.00 0.00 128.00 0.00 128.00I 0.00 - 10,684.49 4,710.73 6,957.81 7,948.36 9,255.43 8,160.00 1,095.43 8,323.00 538,325.09 421,664.02 960,359.72 795,105.16 700,605.34 972,375.00 (291,217.66) 991,823.00 - 353,382.61 208,906.63 400,137.65 588,150.48 620,024.45 675,000.00 (54,975.55) 700,000.00 15,172.88 14,032.71 39,948.00 0.00 0.00 0.00 0.00 300.00 - 998.93 201.90 64,268.27 0.00 46.50 0.00 46.50 2,000.00 500.00 0.00 0.00 0.00 1,500.00 300.00 1,200.00 300.00 - 0.00 1,000.00 6,485.00 0.00 2,000.00 2,000.00 0.00 2,000.00 0.00 0.00 0.00 65,589.82 33,363.88 51,000.00 (17,636.12) 52,020.00 - 478,980.00 157,760.00 12,760.00 1,066,855.00 294,315.00 176,261.00 5,000.00 4,000.00 2,000.00 10,950.00 500.00 2,500.00 500.00 2,261.00 2,000.00 9,180.00 20,717.00 8,323.00 991,823.00 700,000.00 300.00 2,000.00 300.00 2,000.00 52,020.00 4370 Library Service Revenue 4371 Library Circulation Revenue 4372 Museum Revenue 4373 Museum Admissions 4380 Land Rents & Leases 4382 Jail Facility Rental 4383 Municipal Building Rent 4400 Fines and Bails 4500 GF Interest on Investments 4501 GF Penalties & Interest 4505 GF Interest Revenue - Leases 4610 Surplus Sales 4611 Gravel Sales 4620 Franchise Fee - Refuse 4630 City Clerk Fees 4631 Collection of Doubtful Acconts 4632 Insurance Recovery/Rebate 4633 Vending Machine Fees 4639 Misc Service Fees 4700 Other Financing Sources 4701 Premium on Issuance of Bonds 4702 Proceeds from Issuance of Bonds 5899 Miscellaneous Revenue Total Revenues Expenditures: Personnel Costs: 6000 Salaries 6001 Overtime 6002 Standby Time 6003 Legislative Stipends 6100 Medicare 6101 Unemployment Insurance 6102 Workers' Compensation 6200 Leave Time 6201 Retirement Benefits 6202 Health Insurance 6209 PERS DC Forfeitures Total Personnel Cost 13,686.52 3,631.07 7,840.57 15,858.08 8,019.35 10,695.00 (2,675.65) 10,909.00 3,315.52 581.53 33.54 489.33 1,117.66 198.00 919.66 202.00 0.00 0.00 0.00 0.00 4,630.00 0.00 4,630.00 0.00 10,636.00 482.00 7,125.00 12,840.00 11,620.00 7,568.00 4,052.00 7,720.00 41,900.00 46,100.00 50,300.00 78,198.72 56,500.00 50,000.00 6,500.00 50,000.00 30,000.00 30,000.00 30,000.00 30,000.00 0.00 0.00 0.00 0.00 42,610.87 64,940.04 31,004.58 41,773.40 0.00 65,000.00 (65,000.00) 65,000.00 9,496.20 11,074.90 22,307.58 28,758.90 19,202.90 16,500.00 2,702.90 16,500.00 232,519.87 149,591.90 30,583.38 176,182.85 1,044,740.19 0.00 1,044,740.19 0.00 2,031.13 824.85 592.31 1,038.86 1,633.62 1,000.00 633.62 1,000.00 0.00 0.00 0.00 17,985.12 0.00 0.00 0.00 0.00 90.00 125.00 66,307.32 307.00 59,780.51 5,000.00 54,780.51 5,000.00 0.00 38,534.60 246,279.15 79,980.23 81,986.00 225,000.00 (143,014.00) 225,000.00 27,372.55 22,833.21 25,050.08 28,280.68 22,193.62 25,750.00 (3,556.38) 25,750.00 120.00 153.46 60.00 60.00 135.50 120.00 15.50 120.00 50.00 36.75 0.00 0.00 0.00 0.00 0.00 0.00 40,383.00 37,710.00 41,423.00 44,085.00 0.00 0.00 0.00 0.00 600.00 300.00 600.00 600.00 600.00 250.00 350.00 250.00 3,708.58 5,542.26 1,044.90 468.95 29.58 0.00 29.58 0.00 0.00 0.00 (2,720,201.00) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 574,272.60 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2,180,000.00 0.00 0.00 0.00 0.00 0.00 924.36 1,020.93 28,423.88 30.00 9.13 0.00 9.13 0.00 500,000.00 (144,807.00) 10,909.00 202.00 7,720.00 50,000.00 65,000.00 16,500.00 500,000.00 1,000.00 5,000.00 80,193.00 25,750.00 120.00 250.00 12,814,688.24 9,445,127.48 15,322,795.27 15,920,873.63 15,912,524.34 15,191,816.00 (136,876.00) 15,328,692.00 (316,967.00) 15,014,009.00 3,682,465.71 3,010,543.07 3,854,459.13 4,546,166.77 4,940,526.52 5,346,351.00 (405,824.48) 274,261.30 170,607.60 256,401.45 311,403.07 401,654.78 249,050.00 152,604.78 10,539.51 (1,484.83) 11,901.88 21,501.17 38,757.46 12,000.00 26,757.46 0.00 0.00 0.00 33,511.81 36,000.00 44,400.00 (8,400.00) 86,000.42 63,858.05 86,014.08 87,134.48 99,496.29 94,742.00 4,754.29 8,444.52 19,060.30 6,878.18 0.00 1,480.00 0.00 1,480.00 204,045.75 135,632.10 181,256.68 136,929.44 149,946.33 150,550.00 (603.67) 340,974.25 276,186.08 453,890.12 33,174.47 0.00 0.00 0.00 1,060,090.19 1,020,778.27 1,245,465.60 1,254,199.94 1,078,317.97 1,169,960.00 (91,642.03) 1,906,268.78 1,386,698.49 1,515,481.22 2,037,841.41 1,904,327.31 2,350,389.00 (446,061.69) (30,507.40) 0.18 0.00 (20,998.14) (4,071.94) 0.00 (4,071.94) 5,541,255.00 249,050.00 12,000.00 44,400.00 96,242.00 0.00 150,550.00 0.00 1,213,055.00 2,444,113.00 0.00 (94,615.00) 48, 500.00 20,000.00 6,610.00 (3,000.00) (8,315.00) (82,660.00) 5,446,640.00 297,550.00 12,000.00 44,400.00 96,242.00 150,550.00 1,213,055.00 2,444,113.00 7,542,583.03 6,081,879.31 7,611,748.34 8,440,864.42 8,646,434.72 9,417,442.00 (771,007.28) 9,750,665.00 (113,480.00) 9,704,550.00 Expenditures: Non - Personnel Costs: 7000 Audit 7001 Communications 7002 Postage and Freight 7003 Banking & Credit Card Fees 7004 Insurance 7006 Legal 7007 Legal Settlement 7008 CY Legal Recovery 7009 Contracted Services 7010 Engineering 7011 Testing 7012 Other Special Services 7013 State Lobbying Fees 7014 Federal Lobbying Fees 7015 Utilities 7016 Heating Fuel 7017 Rents & Leases 7018 Towing Fees 7021 Legal - Clerk 7022 Software/SaaS Subscriptions 7023 Inspection and Testing 7100 General Power for Resale 7200 Library Materials - Other 7201 Library Books 7202 Library Periodicals 7203 Library Standing Orders 7204 Library Non -Print 7205 Library Electronic Materials 7208 Museum Collection Supplies 7210 Vehicle Supplies 7211 Gas & Lube 7212 Uniform Allowance 7213 Safety Equipment 7214 Janitorial Supplies 7215 Operating Supplies 7216 Maintenance & Repair 7217 Small Tools & Equipment 115,755.34 93,625.00 127,600.00 113,847.43 134,196.80 120,000.00 14,196.80 120,000.00 116,234.57 133,092.25 122,376.09 143,948.76 137,604.37 146,255.00 (8,650.63) 148,700.00 28,644.52 23,697.06 32,983.77 28,665.08 30,987.32 40,529.00 (9,541.68) 39,667.00 36,393.36 60,940.82 91,454.73 101,010.33 92,277.83 14,150.00 78,127.83 14,150.00 213,565.32 245,836.03 303,434.23 331,268.19 361,600.02 348,515.00 13,085.02 359,686.00 203,574.71 122,077.18 89,551.31 121,865.56 156,048.39 113,000.00 43,048.39 117,000.00 0.00 0.00 0.00 222.90 0.00 0.00 0.00 0.00 0.00 (40,000.00) 0.00 0.00 0.00 0.00 0.00 0.00 - 390,180.05 530,692.36 930,594.39 1,780,526.50 1,189,704.14 1,058,200.00 131,504.14 802,500.00 99,400.00 25,218.37 861.00 11,064.56 378.84 0.00 15,000.00 (15,000.00) 15,000.00 1,810.67 474.67 2,442.52 (179,793.10) 3,925.32 4,125.00 (199.68) 4,400.00 29,145.69 30,433.81 35,587.31 35,104.80 27,712.25 35,500.00 (7,787.75) 35,500.00 84,504.00 84,504.00 84,504.00 85,500.00 79,686.94 85,500.00 (5,813.06) 85,500.00 92,004.00 92,004.00 92,004.00 99,671.00 85,648.94 92,000.00 (6,351.06) 92,000.00 545,182.24 538,565.82 542,938.98 805,738.56 566,167.28 588,532.00 (22,364.72) 616,645.00 55,958.03 55,008.06 71,292.19 110,704.62 89,085.17 130,744.00 (41,658.83) 136,588.00 74,244.40 74,700.03 31,647.89 62,050.00 72,745.00 82,500.00 (9,755.00) 82,900.00 0.00 0.00 0.00 0.00 354.00 5,000.00 (4,646.00) 5,000.00 0.00 0.00 0.00 0.00 0.00 5,000.00 (5,000.00) 5,000.00 0.00 0.00 0.00 0.00 216,332.84 246,099.00 (29,766.16) 207,975.00 0.00 0.00 0.00 0.00 7,554.70 12,500.00 (4,945.30) 13,500.00 0.00 0.00 0.00 15.75 0.00 0.00 0.00 0.00 0.00 0.00 36.99 139.31 1,041.87 0.00 1,041.87 0.00 7,178.10 10,113.11 6,452.76 10,381.00 10,703.92 10,150.00 553.92 10,150.00 2,797.21 2,112.58 43.90 1,798.58 2,042.95 2,250.00 (207.05) 2,250.00 3,053.04 0.00 0.00 1,191.16 0.00 4,000.00 (4,000.00) 4,000.00 5,059.99 7,080.61 2,484.29 1,412.05 2,634.30 2,000.00 634.30 2,000.00 1,750.00 4,061.24 8,011.17 4,187.42 6,223.22 4,500.00 1,723.22 4,500.00 480.00 619.29 915.20 0.00 315.74 1,000.00 (684.26) 1,000.00 6,063.56 5,758.71 4,230.79 23,640.37 7,912.29 16,200.00 (8,287.71) 9,300.00 58,174.22 66,880.41 82,827.30 120,996.73 120,261.64 133,169.00 (12,907.36) 138,451.00 10,774.42 14,333.08 14,565.49 15,114.44 17,689.38 21,100.00 (3,410.62) 20,850.00 13,837.73 7,551.28 8,349.27 68,682.35 80,419.27 90,550.00 (10,130.73) 90,550.00 7,213.69 3,187.48 18,405.07 19,414.94 15,430.41 23,473.00 (8,042.59) 24,400.00 344,848.65 348,048.68 300,421.91 428,093.04 294,000.85 250,590.00 43,410.85 248,365.00 145,471.65 184,837.42 187,446.73 222,520.30 250,069.96 268,150.00 (18,080.04) 254,650.00 68,636.83 91,205.46 140,221.75 199,622.36 111,267.70 131,446.00 (20,178.30) 128,146.00 22,000.00 (4,300.00) (50.00) (32,395.00) (200.00) 68,150.00 (200.00) (1,400.00) (200.00) (3,200.00) (3,000.00) (1,100.00) 142,000.00 144,400.00 39,617.00 14,150.00 327,291.00 117,000.00 901,900.00 15,000.00 4,200.00 35,500.00 85,500.00 92,000.00 684,795.00 136,588.00 82,900.00 5,000.00 5,000.00 207,775.00 13,500.00 10,150.00 2,250.00 4,000.00 2,000.00 4,500.00 1,000.00 9,300.00 138,451.00 19,450.00 90,550.00 24,200.00 245,165.00 251,650.00 127,046.00 7218 Inmate Meals 7221 Operating Materials 7222 Computer Hardware 7223 Furniture 7224 Winter Sand/Salt 7225 Shelter Medical Supplies 7300 Advertising 7301 Subscriptions & Dues 7302 Travel & Subsistence 7303 Education & Training 7304 Equipment Rent 7307 GF Administrative Fee 7309 Police Academy Training 7310 Recording Fees 7800 Sister City Program 7801 Contributions to Chamber 7802 Contributions to Senior Citizens 7803 Contributions to B&G Club 7804 Elections 7805 Promotion 7806 Volunteer Fireman Stipend 7807 Contingency 7808 Bad Debt Expense 7809 Pass-Thru Payments 7810 Miscellaneous Expense 7811 Miscellaneous Programs 7812 Miscellaneous Project Expense 7813 Contributions to Small Business Position 7814 Contribution to the ASLC Center for the PILT credit 8001 Unrealized Loss on Investments 8011 Bonding Expense 8012 Debt Service Interest Expense 8101 Infrastructure 8102 Buildings 8103 Capital Equipment 8104 Motor Pool Rent 8105 Improvements other than Buildings 8300 Debt Service Principal Total Non -Personnel Costs: Total Expenditure 8,386.17 0.00 0.00 0.00 0.00 0.00 28,434.51 32,343.26 116,009.81 29,036.63 254.04 92,760.96 0.00 0.00 4,496.94 260,454.00 82,900.00 25,000.00 3,118.08 11,609.33 46,000.04 2,629.00 0.00 0.00 10,884.98 0.00 0.00 0.00 0.00 0.00 0.00 244,106.26 0.00 4,140.00 39,540.65 0.00 0.00 210,000.00 10,926.11 0.00 0.00 0.00 0.00 0.00 27,414.80 39,882.30 52,192.51 39,369.13 546.68 110,103.00 0.00 0.00 149.98 278,032.00 80,000.00 25,000.00 3,009.52 2,820.00 38,000.01 33,700.00 0.00 0.00 13,975.29 350.00 0.00 0.00 0.00 0.00 0.00 234,581.25 0.00 0.00 24,516.15 285,000.00 0.00 220,000.00 9,848.83 0.00 0.00 0.00 0.00 0.00 46,480.16 45,916.42 52,783.28 37,067.19 1,482.25 112,537.00 0.00 81.00 1,215.73 295,837.00 80,000.00 25,000.00 6,339.15 3,420.00 38,000.00 4,292.76 1,160.28 500,000.00 30,615.06 0.00 5,535.00 0.00 0.00 80,983.47 51,571.60 211,404.16 0.00 38.94 197,463.36 279,381.54 760.75 230,000.00 14,772.11 0.00 0.00 0.00 0.00 0.00 49,176.01 79,700.97 111,485.97 47,567.53 4,975.86 114,788.00 13,637.92 321.89 0.00 108,717.00 80,000.00 0.00 3,491.82 7,615.84 47,600.00 2,630.39 0.00 0.00 4,764.19 0.00 0.00 25,000.00 0.00 304,289.28 0.00 196,481.26 0.00 0.00 208,627.70 314,850.00 0.00 215,000.00 10,170.23 34,528.22 62,981.69 16,838.00 18,123.89 0.00 35,938.65 24,154.33 92,334.40 31,388.74 13,801.22 118, 225.00 18,015.79 158.59 18,706.45 300,000.00 80,000.00 25,000.00 21,671.71 6,697.78 48,800.00 228.00 0.00 444.00 37,211.35 0.00 0.00 25,000.00 118,164.86 60,869.25 0.00 185,606.26 15,500.00 23,900.00 68,651.20 262,000.00 166.54 230,000.00 3,939,859.02 4,311,870.17 5,693,103.52 6,713,413.01 6,176,920.96 11,482,442.05 # 10,393,749.48 # 13,304,851.86 # 15,154,277.43 # 14,823,355.68 # 10,500.00 (329.77) 128,500.00 (93,971.78) 89,700.00 (26,718.31) 23,000.00 (6,162.00) 110,000.00 (91,876.11) 15,000.00 (15,000.00) 45,600.00 (9,661.35) 42,003.00 (17,848.67) 160,256.00 (67,921.60) 80,850.00 (49,461.26) 7,764.00 6,037.22 118,225.00 0.00 28,000.00 (9,984.21) 0.00 158.59 6,250.00 12,456.45 300,000.00 0.00 80,000.00 0.00 25,000.00 0.00 14,000.00 7,671.71 11,000.00 (4,302.22) 48,800.00 0.00 153,596.00 (153,368.00) 1,000.00 (1,000.00) 0.00 444.00 1,000.00 36,211.35 0.00 0.00 0.00 0.00 25,000.00 0.00 72,000.00 46,164.86 0.00 60,869.25 0.00 0.00 185,606.00 0.26 0.00 15,500.00 0.00 23,900.00 233,097.00 (164,445.80) 262,000.00 0.00 10,000.00 (9,833.46) 230,000.00 0.00 10,500.00 133,000.00 62,500.00 0.00 110,000.00 15,000.00 44,650.00 43,509.00 156,022.00 82,850.00 7,764.00 118, 300.00 28,000.00 0.00 6,250.00 300,000.00 80,000.00 25,000.00 14,000.00 11,000.00 48,800.00 429,557.00 1,000.00 0.00 1,000.00 0.00 0.00 25,000.00 81,000.00 0.00 0.00 175,544.00 0.00 0.00 42,500.00 262,000.00 0.00 235,000.00 (10,500.00) (2,500.00) (70.00) (11,944.00) (2,700.00) (118,300.00) 133,000.00 60,000.00 110,000.00 15,000.00 44,650.00 43,439.00 144,078.00 80,150.00 7,764.00 28,000.00 6,250.00 300,000.00 80,000.00 25,000.00 14,000.00 11,000.00 48,800.00 429,557.00 1,000.00 1,000.00 25,000.00 81,000.00 175,544.00 42,500.00 262,000.00 235,000.00 6,619,474.00 (442,553.04) 6,390,069.00 (2,509.00) 6,387,560.00 16,036,916.00 # (1,213,560.32) 16,140,734.00 (115,989.00) 16,092,110.00 Excess Revenue Over (Under) Expenditures 1,332,246.19 # (948,622.00) # 2,017,943.41 # 766,596.20 # 1,089,168.66 # (845,100.00) # 1,076,684.32 (812,042.00) (200,978.00) (1,078,101.00) Revenues Operating Revenue: 5300 Residential 5302 Residential fuel factor 5303 Residential customer charge 5310 SG Service 5312 SG fuel factor 5313 SG Customer Charge 5320 LG Service 5322 LG fuel factor 5323 LG customer charge 5324 LG demand charge 5327 RES Alternate Energy 5340 Spec. Contract Energy 5342 Special Contract fuel factor 5343 Spec. Contract customer charge 5345 Special Contract Demand 5350 Harbor Fund Power Sales 5352 Harbor power fuel factor 5360 Street & Yard 5362 Yard Light Fuel 5370 Industrial Service 5371 Industrial Customer Charge 5372 Industrial Demand Charge 5373 Industrial Fuel Factor 5800 Labor & Services 5801 Turn on Fees 5802 Equipment Rental 5803 Joint Pole Use 5804 Work Order Revenue 5805 Chugach Coop Divid. 5890 Collection of Doubtful Accounts 5899 Miscellaneous Revenue Total Operating Revenue: Non -Operating Revenues 5901 EF Investment Interest 5905 EF Penalties and Interest 5920 PERS On -Behalf paid by SOA 5923 Spec.Proj.Other Rev. 5940 Amort. of CIA - General 5941 Amort.Bond Premium Total Non -Operating Revenue: Total Revenues Expenditures: Personnel Costs: Fund 15000 - Electric Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Actual All Budget All Actual All Actual All Actual All /Unaudited Annual Variance FYE FYE FYE Actual All YTD Budget Over/(Under) 12/31/2019 12/31/2020 12/31/2021 FYE 12/31/2022 12/31/2023 12/31/2023 12/31/2023 1,560,795.15 1,620,501.67 1,681,662.78 1,678,200.12 1,744,408.73 1,980,000.00 235,591.27 1,446,779.12 1,572,976.75 1,599,021.96 1,780,206.13 1,802,073.89 1,797,215.00 (4,858.89) 532,922.21 537,941.18 543,619.00 547,657.77 547,572.21 200,680.00 (346,892.21) 891,121.02 949,499.94 952,670.86 1,003,784.32 1,053,676.22 1,028,896.00 (24,780.22) 748,381.07 756,267.81 826,086.76 1,002,546.58 1,036,912.23 947,636.00 (89,276.23) 256,587.16 168,533.10 275,960.14 284,413.20 288,067.04 120,966.00 (167,101.04) 954,374.07 1,178,425.91 1,360,300.85 965,674.34 908,358.84 1,631,811.00 723,452.16 1,970,752.72 2,235,192.34 2,335,894.34 2,217,908.75 2,061,104.89 2,132,647.00 71,542.11 46,457.04 47,766.09 46,722.11 41,923.07 42,185.82 47,103.00 4,917.18 1,640,878.63 1,613,997.12 1,740,602.62 1,451,553.93 1,379,515.63 465,276.00 (914,239.63) 0.00 (23.73) (50.34) (273.91) (447.64) 0.00 447.64 353,492.05 197,843.85 191,051.39 0.00 0.00 0.00 0.00 472,660.66 318,992.44 207,076.71 0.00 0.00 0.00 0.00 1,572.09 524.52 530.24 0.00 0.00 0.00 0.00 527,731.53 237,263.90 223,141.32 0.00 0.00 0.00 0.00 170,706.07 189,104.83 206,231.12 223,532.52 316,112.86 278,051.00 (38,061.86) 140,681.23 159,892.49 171,061.66 215,814.86 310,553.31 265,581.00 (44,972.31) 73,269.66 76,209.31 76,418.52 76,313.96 77,803.38 77,106.00 (697.38) 6,658.77 6,589.10 6,401.30 7,809.48 8,520.95 7,517.00 (1,003.95) 0.00 0.00 0.00 381,868.57 381,329.86 850,000.00 468,670.14 0.00 0.00 0.00 3,372.11 3,600.00 1,055,000.00 1,051,400.00 0.00 0.00 0.00 627,413.00 670,359.77 750.00 (669,609.77) 0.00 0.00 0.00 1,066,627.84 1,038,469.98 125,000.00 (913,469.98) 0.00 0.00 267.12 0.00 0.00 0.00 0.00 23,744.81 18,242.77 22,936.27 21,174.65 13,254.85 18,077.00 4,822.15 12,457.50 4,132.50 5,540.00 0.00 14,755.00 5,430.00 (9,325.00) 10,776.00 10,776.00 10,212.00 10,212.00 10,212.00 10,212.00 0.00 16,528.23 121,667.65 76,777.31 816,556.49 256,927.21 30,000.00 (226,927.21) 302,329.45 53,935.55 148,681.67 0.00 0.00 0.00 0.00 128.74 0.00 603.95 0.00 141.94 0.00 (141.94) 26,748.61 126,587.51 2,067.97 1,277.69 53,811.08 0.00 (53,811.08) Proposed Mid - Budget Cycle Changes YTD Adi. YTD 12/31/2024 12/31/2024 12/31/24 2,000,000.00 569,667.00 2,569,667.00 1,815,187.00 1,815,187.00 202,687.00 339,255.00 541,942.00 1,039,185.00 487,416.00 1,526,601.00 957,112.00 - 957,112.00 122,176.00 132,536.00 254,712.00 1,648,129.00 275,773.00 1,923,902.00 2,153,973.00 - 2,153,973.00 47,574.00 - 47,574.00 469, 928.00 1,095,381.00 1, 565, 309.00 280,831.00 162,042.00 442,873.00 268,237.00 191,693.00 459,930.00 77,877.00 77,877.00 7,592.00 7,592.00 858,500.00 858,500.00 1,065,550.00 1,065,550.00 758.00 758.00 126,250.00 126,250.00 18,258.00 18,258.00 5,484.00 5,484.00 10,314.00 - 10,314.00 30,000.00 227,691.38 257,691.38 12,188,533.59 12,202,840.60 12,711,489.63 14,425,567.47 14,019,280.05 13,074,954.00 (944,326.05) 13,205,602.00 3,481,454.38 16,687,056.38 203,644.47 179,082.35 17,917.25 118,976.69 289,350.92 35,000.00 (254,350.92) 41,201.15 6,684.67 18,873.87 23,089.66 22,572.35 26,800.00 4,227.65 (66,947.04) 10,385.16 72,931.47 (6,404.49) 0.00 0.00 0.00 0.00 0.00 577,195.00 0.00 0.00 0.00 0.00 983,350.28 984,192.69 0.00 0.00 0.00 0.00 0.00 13,834.32 0.00 13,834.32 13,834.32 0.00 55,741.00 55,741.00 1,175,083.18 1,180,344.87 700,751.91 149,496.18 311,923.27 117,541.00 (194,382.27) 35,000.00 160,000.00 195,000.00 26,800.00 - 26,800.00 55,741.00 55,741.00 117,541.00 160,000.00 277,541.00 13,363,616.77 13,383,185.47 13,412,241.54 14,575,063.65 14,331,203.32 13,192,495.00 (1,138,708.32) 13,323,143.00 3,641,454.38 16,964,597.38 6000 Salaries 6001 Overtime 6002 Standby Time 6100 Medicare 6101 Unemployment Insurance 6102 Workers' Compensation 6200 Leave Time 6201 Retirement Benefits 6202 Health Insurance 6203 In Lieu of FICA 6204 Meal Allowance 6205 Electric Union Benefits 6209 PERS DC Forfeitures Total Personnel Cost Non -Personnel Costs: 7001 Communications 7002 Postage and Freight 7003 Bank and Credit Card Fees 7004 lnsurance 7006 Legal 7009 Contracted Services 7010 Engineering 7011 Testing 7012 Other Special Services 7015 Utilities 7016 Heating Fuel 7017 Rents & Leases 7018 Towing Fees 7022 Software/SaaS Subscriptions 7023 Inspection and Testing 7101 Chugach Power Purchases 7102 Power Fuel Costs 7103 Fuel for Generators 7210 Vehicle Supplies 7211 Gas & Lube 7212 Uniform Allowance 7213 Safety Equipment 7214 Janitorial Supplies 7215 Operating Supplies 7216 Maintenance & Repair 7217 Small Tools & Equipment 7218 Inmate Meals 7221 Operating Materials 7300 Advertising 7301 Subscriptions & Dues Fund 15000 - Electric Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Actual All Budget All Actual All Actual All Actual All /Unaudited Annual Variance FYE FYE FYE Actual All YTD Budget Over/(Under) 12/31/2019 12/31/2020 12/31/2021 FYE 12/31/2022 12/31 /2023 12/31 /2023 12/31/2023 804,832.51 834,188.74 876,293.83 967,506.43 891,994.42 1,095,290.00 203,295.58 128,008.11 105,629.92 128,076.88 126,442.97 292,573.39 103,370.00 (189,203.39) 110,757.27 131,677.80 184,073.34 149,119.86 161,870.08 139,500.00 (22,370.08) 17,211.75 16,990.79 19,593.95 18,887.78 19,923.30 14,615.00 (5,308.30) 0.00 339.06 0.00 0.00 9,195.90 0.00 (9,195.90) 74,351.69 55,598.38 37,528.10 18,639.92 30,523.62 39,350.00 8,826.38 88,287.90 79,900.43 74,590.04 16,083.77 0.00 0.00 0.00 (258,320.79) 165,202.98 224,695.17 (493,462.19) 217,135.92 205,065.00 (12,070.92) 268,334.85 242,825.68 288,642.25 321,482.32 252,540.27 320,397.00 67,856.73 0.00 0.00 0.00 0.00 0.00 5,000.00 5,000.00 7,815.27 10,375.90 6,937.85 4,249.94 25,908.69 7,000.00 (18,908.69) 2,446.44 12,958.76 8,162.55 2,179.80 2,136.70 8,520.00 6,383.30 (3,107.46) (179.99) 0.00 0.00 0.00 0.00 0.00 Proposed Mid - Budget Cycle Changes YTD Adj. YTD 12/31 /2024 12/31/2024 12/31/24 1,111,633.00 1,111,633.00 105,090.00 - 105,090.00 141,595.00 - 141,595.00 14,881.00 - 14,881.00 40,107.00 40,107.00 208,147.00 208,147.00 330,033.00 330,033.00 5,100.00 5,100.00 7,128.00 7,128.00 8,520.00 8,520.00 1,240,617.54 1,655,508.45 1,848,593.96 1,131,130.60 1,903,802.29 1,938,107.00 34,304.71 1,972,234.00 0.00 1,972,234.00 19,492.58 19,451.21 15,022.90 15,691.19 15,384.02 17,500.00 2,115.98 14,957.90 18,855.41 15,931.01 19,396.94 26,308.59 17,100.00 (9,208.59) 100,268.02 105,021.47 113,470.76 125,487.63 121,142.67 0.00 (121,142.67) 74,547.72 83,142.44 97,476.64 111,002.34 142,397.98 110,950.00 (31,447.98) 39,897.26 11,732.43 11,100.21 17,263.26 115,959.50 90,000.00 (25,959.50) 198,686.53 147,248.42 616,991.81 949,634.74 562,087.35 843,000.00 280,912.65 58,266.66 22,557.69 49,094.06 444,461.66 21,110.37 50,000.00 28,889.63 4,132.67 4,177.89 599.60 1,492.53 3,870.85 15,600.00 11,729.15 12,984.90 21,275.79 19,234.79 19,166.32 30.00 4,500.00 4,470.00 162, 885.82 171, 498.84 179, 836.89 175,018.59 182,576.56 196,000.00 13,423.44 12,261.05 23,156.21 13,186.88 27,184.69 24,190.04 36,000.00 11,809.96 30,804.66 26,237.56 26,354.01 20,882.24 21,732.67 16,100.00 (5,632.67) 0.00 0.00 0.00 0.00 1,095.00 0.00 (1,095.00) 0.00 0.00 0.00 0.00 287.87 15,000.00 14,712.13 0.00 0.00 0.00 30.00 0.00 0.00 0.00 2,307,343.20 2,286,775.98 3,455,321.56 3,457,916.26 3,195,878.39 2,393,000.00 (802,878.39) 3,523,627.37 3,430,243.98 2,569,178.35 2,893,155.76 3,004,332.23 3,708,000.00 703,667.77 55,943.21 86,352.84 36,072.19 46,499.18 353,399.17 185,000.00 (168,399.17) 25,315.43 8,755.42 20,261.50 25,712.87 21,741.43 20,000.00 (1,741.43) 21,779.77 27,923.28 23,995.15 40,527.26 42,866.20 35,500.00 (7,366.20) 24,663.32 6,113.39 7,290.37 7,787.77 12,422.67 12,700.00 277.33 36,798.33 8,591.70 4,354.50 14,144.29 4,733.76 23,400.00 18,666.24 0.00 26.69 0.00 0.00 0.00 0.00 0.00 293,969.46 532,295.16 210,920.84 391,702.46 2,165,395.28 86,000.00 (2,079,395.28) 156,940.48 26,072.39 15,779.40 4,537.21 21,343.66 40,400.00 19,056.34 61,094.25 4,290.95 11,765.82 10,059.52 4,414.08 23,500.00 19,085.92 0.00 0.00 0.00 97.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,233.07 300,000.00 298,766.93 1,737.60 759.74 5,879.26 7,243.83 9,814.45 16,500.00 6,685.55 9,492.50 9,333.64 36,210.14 27,074.48 29,667.39 81,500.00 51,832.61 19,650.00 17,436.00 116,475.00 90,000.00 343,000.00 51,000.00 18,100.00 4,500.00 199,920.00 36,720.00 16,222.00 15,200.00 2,393,000.00 3,708,000.00 185,000.00 20,000.00 35,700.00 12,700.00 23,400.00 86,000.00 40,400.00 23,500.00 300,000.00 10,000.00 81,500.00 150,000.00 1,000,000.00 21,000.00 2,098,915.98 111,176.47 271,221.00 19,650.00 17,436.00 150,000.00 116,475.00 90,000.00 1,343,000.00 51,000.00 18,100.00 4,500.00 220,920.00 36,720.00 16,222.00 15,200.00 4,491,915.98 3,819,176.47 185,000.00 20,000.00 35,700.00 12,700.00 23,400.00 357,221.00 40,400.00 23,500.00 300,000.00 10,000.00 81,500.00 7302 Travel & Subsistence 7303 Education &Training 7304 Equipment Rent 7307 GF Administrative Fee 7330 P.I.L.T. 7331 Reclass PILT to Transfer -Out 7808 Bad Debt Expense 7810 Miscellaneous Expense 7900 Depreciation Expense 8000 Loss on Sale of Fixed Assets 8001 Unrealized Loss on Investments 8010 Utility Deposit Interest 8012 Debt Service Interest Expense 8013 Amortization of Deferred Loss on Bonds 8014 Amortization of Bond Issue Costs 8101 Infrastructure 8102 Buildings 8103 Capital Equipment 8104 Motor Pool Rent 8200 Work Order Sal/Benefit credits 8201 Work Order Operating Supply credits 8202 Work Order New Service/Upgrade credits 8300 Debt Service Principal Total Non -Personnel Costs: Total Expenditure Excess Revenue Over (Under) Expenditures Fund 15000 - Electric Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Actual All Budget All Actual All Actual All Actual All /Unaudited Annual Variance FYE FYE FYE Actual All YTD Budget Over/(Under) 12/31/2019 12/31/2020 12/31/2021 FYE 12/31/2022 12/31 /2023 12/31 /2023 12/31/2023 22,581.08 5,640.18 10,076.84 12,529.79 6,033.26 24,500.00 18,466.74 13,665.62 3,481.96 821.60 12,361.00 359.25 14,250.00 13,890.75 30,127.40 0.00 1,562.50 405.41 174,665.32 6,500.00 (168,165.32) 953,306.10 964,746.72 976,322.00 1,005,612.00 1,035,780.00 1,035,780.00 0.00 969,026.53 976,606.06 1,010,999.17 1,200,253.07 0.00 0.00 0.00 (969,026.53) (976,606.06) (1,010,999.17) (1,200,253.07) 0.00 0.00 0.00 57,679.42 (26,454.17) 56,395.87 25,301.91 46,956.17 25,000.00 (21,956.17) 1,483.55 2,032.23 4,324.65 0.00 49,427.59 0.00 (49,427.59) 1,594,857.66 1,629,123.01 1,606,346.46 1,583,676.57 0.00 1,585,000.00 1,585,000.00 216,067.86 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 61,329.23 278,113.41 59,806.43 0.00 (59,806.43) 1,104.89 258.02 2,460.58 963.58 107.63 1,500.00 1,392.37 176,803.38 168,408.34 159,699.83 465,851.92 365,825.00 586,700.00 220,875.00 20,903.40 0.00 20,903.40 20,903.40 0.00 20,903.00 20,903.00 0.00 0.00 0.00 90,380.18 0.00 4,500.00 4,500.00 0.00 0.00 36,513.53 0.00 0.00 0.00 0.00 0.00 5,000.00 0.00 0.00 0.00 0.00 0.00 0.00 14,286.91 9,840.55 30,144.23 267,725.29 0.00 (267,725.29) 270,000.00 360,000.00 271,029.49 299,780.00 85,000.00 85,000.00 0.00 (56,143.74) (30,035.80) (19,868.33) 0.00 22,500.00 0.00 (22,500.00) (54,783.81) (97,989.31) (11,308.22) 0.00 13,487.43 0.00 (13,487.43) 0.00 0.00 10,648.00 0.00 0.00 0.00 0.00 0.00 170,000.00 0.00 0.00 0.00 0.00 0.00 Proposed Mid - Budget Cycle Changes YTD Ad). YTD 12/31 /2024 12/31/2024 12/31/24 24,500.00 24,500.00 14,250.00 - 14,250.00 6,500.00 - 6,500.00 1,066,855.00 - 1,066,855.00 25,000.00 25,000.00 1,585,000.00 1,585,000.00 1,500.00 1,500.00 576,700.00 576,700.00 20,903.00 20,903.00 4,500.00 4,500.00 85,000.00 - 85,000.00 10,495,543.50 10,250,388.61 10,752,426.62 12,679,193.50 12,233,088.62 11,726,883.00 (506,205.62) 11,258,131.00 3,652,313.45 14,910,444.45 11,736,161.04 11,905,897.06 12,601,020.58 13,810,324.10 14,136,890.91 13,664,990.00 (471,900.91) 13,230,365.00 3,652,313.45 16,882,678.45 1,627,455.73 1,477,288.41 811,220.96 764,739.55 194,312.41 (472,495.00) (666,807.41) 92,778.00 (10,859.07) 81,918.93 Revenues Operating Revenues 5100 Transient Moorage 5101 Moorage 5102 Wharfage 5103 Boat Lift Fees 5105 Harbor Power Sales 5108 Harbor Capital Renewal Fee 5150 Shower Fees 5153 Fuel Pumping Fee 5154 Waiting List Fees 5155 Towing Fees 5156 Pumping Boats 5157 North Harbor Launch Fee 5158 South Harbor Launch Fee 5800 Labor & Services 5802 Equipment Rental 5899 Miscellaneous Revenue 5890 Collection of Doubtful Accounts Total Operating Revenues Non -Operating Revenues 5000 Land Rents & Leases 5107 Harbor Passenger Transit Fee 5901 EF Investment Interest 5905 EF Penalties and Interest 5907 EF Interest Revenue - Leases 5920 PERS On -behalf paid by SOA 5921 Federal Grant Revenue 5922 State Grant Funds 5924 Harbor State CPV Tax 5925 Harbor KPB CPV Tax 5926 Harbor State CPV - COVID-19 5940 Amortization of Contributions -in -Aid 5941 0900 - Debt Service Amortization of Total Non -Operating Revenues Total Revenue: Expenditures: Personnel Costs: 6000 Salaries 6001 Overtime 6002 Standby Time Fund 11000- Harbor Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Budget All Budget All Proposed Mid. Actual All Actual All Actual All Actual All Actual Annual Variance Annual Cycle FYE FYE FYE FYE All/Unaudited Budget Over/(Under) Budget Adjustments Changes YTD 12/31/2019 12/31/2020 12/31/2021 12/31/2022 YTD 12/31/2023 12/31/2023 12/31/2023 12/31/2024 12/31/24 12/31/24 621,277.36 578,765.76 722,523.22 791,215.29 817,865.23 730,000.00 (87,865.23) 744,600.00 0.00 744,600.00 1,155,610.39 1,152,444.78 1,184,442.70 1,179,313.41 1,195,334.23 1,208,132.00 12,797.77 1,232,294.00 0.00 1,232,294.00 62,868.00 42,438.83 47,828.45 41,887.83 81,245.18 48,785.00 (32,460.18) 49,760.00 0.00 49,760.00 86,552.87 80,655.85 95,288.94 98,663.07 104,475.00 97,195.00 (7,280.00) 99,139.00 0.00 99,139.00 359,607.92 409,237.70 410,734.37 374,396.42 431,438.28 418,949.00 (12,489.28) 427,328.00 72,000.00 499,328.00 101,150.00 97,325.00 103,870.00 101,160.00 105,200.00 0.00 (105,200.00) 0.00 101,808.00 15,671.99 12,107.49 16,331.43 15,647.00 15,507.62 14,248.00 (1,259.62) 14,533.00 0.00 14,533.00 33,717.09 25,827.19 40,346.62 49,013.51 57,057.48 34,400.00 (22,657.48) 35,088.00 0.00 35,088.00 8,536.50 8,068.00 11,371.50 10,836.00 12,537.50 8,000.00 (4,537.50) 8,160.00 0.00 8,160.00 892.50 577.50 997.50 420.00 1,005.00 1,050.00 45.00 1,100.00 0.00 1,100.00 157.50 220.50 283.50 189.50 200.00 200.00 0.00 200.00 0.00 200.00 30,920.67 19,037.46 24,850.54 16,915.94 19,383.40 25,348.00 5,964.60 25,855.00 0.00 25,855.00 13,387.88 13,831.90 13,663.69 17,505.49 10,747.79 13,937.00 3,189.21 14,216.00 0.00 14,216.00 5,045.25 2,817.98 12,917.47 2,042.96 11,302.15 6,750.00 (4,552.15) 6,885.00 0.00 6,885.00 144.90 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,478.49 4,102.42 132.28 9,021.32 3,670.00 1,200.00 (2,470.00) 1,200.00 0.00 1,200.00 909.75 0.00 15,983.04 0.00 3,513.39 0.00 (3,513.39) 0.00 0.00 2,497,929.06 2,447,458.36 2,701,565.25 2,708,227.74 2,870,482.25 2,608,194.00 (262,288.25) 2,660,358.00 72,000.00 2,834,166.00 398,991.10 412,033.84 424,231.60 325,140.76 444,546.09 432,000.00 (12,546.09) 444,000.00 0.00 444,000.00 589,603.00 162,312.50 604,523.50 521,482.50 479,265.50 650,000.00 170,734.50 650,000.00 0.00 650,000.00 110,054.45 94,914.84 8,757.99 21,660.00 68,506.72 6,000.00 (62,506.72) 6,500.00 35,000.00 41,500.00 19,710.81 9,737.30 9,588.95 12,139.76 15,156.55 10,800.00 (4,356.55) 10,800.00 0.00 10,800.00 0.00 0.00 0.00 215,494.79 0.00 0.00 0.00 0.00 0.00 0.00 (22,161.69) 34,371.15 68,604.29 (18,206.51) 0.00 0.00 0.00 0.00 0.00 0.00 1,692,839.30 0.00 0.00 2,899,553.25 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,231,437.98 0.00 0.00 0.00 0.00 0.00 0.00 577,195.00 0.00 0.00 303,825.00 0.00 0.00 0.00 0.00 0.00 0.00 577,195.00 0.00 0.00 303,825.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 388,239.20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 974,558.52 1,054,614.45 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 58,256.65 0.00 58,256.65 43,171.80 0.00 0.00 0.00 0.00 0.00 0.00 4,976,242.14 1,767,984.08 1,562,202.18 5,859,524.33 1,007,474.86 1,098,800.00 91,325.14 1,111,300.00 35,000.00 1,146,300.00 7,474,171.20 4,215,442.44 4,263,767.43 8,567,752.07 3,877,957.11 3,706,994.00 (170,963.11) 3,771,658.00 107,000.00 3,980,466.00 495,117.89 506,933.67 578,784.65 662,678.68 688,061.47 623,415.00 (64,646.47) 632,796.00 30,000.00 662,796.00 18,535.13 30,239.93 20,228.62 22,544.12 37,419.06 19,600.00 (17,819.06) 19,884.00 0.00 19,884.00 14,459.90 13,068.07 14,857.09 28,703.49 33,288.44 23,000.00 (10,288.44) 23,004.00 0.00 23,004.00 6100 Medicare 6101 Unemployment Insurance 6102 Workers' Compensation 6200 Leave Time 6201 Retirement Benefits 6202 Health Insurance 6209 PERS DC Forfeitures Total Personnel Costs: Non -Personnel Costs: 7001 Communications 7002 Postage and Freight 7003 Bank and Credit Card Fees 7004 Insurance 7006 Legal 7009 Contracted Services 7011 Testing 7015 Utilities 7016 Heating Fuel 7022 Software/SaaS Subscriptions 7023 Inspection and Testing 7100 General Power for Resale 7210 Vehicle Supplies 7211 Gas & Lube 7212 Uniform Allowance 7213 Safety Equipment 7214 Janitorial Supplies 7215 Operating Supplies 7216 Maintenance & Repair 7217 Small Tools & Equipment 7221 Operating Materials 7222 Computer Hardware 7300 Advertising 7301 Subscriptions & Dues 7302 Travel & Subsistence 7303 Education &Training 7304 Equipment Rent 7310 Recording Fees 7321 Harbor General Indirect Costs 7322 Harbor Admin Indirect Costs 7324 Gen Fund Indirect Costs 7325 Harbor Internal Cost Allocation 7330 P.I.L.T. 7331 Reclass PILT to Transfer -Out Fund 11000- Harbor Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Budget All Budget All Proposed Mid. Actual All Actual All Actual All Actual All Actual Annual Variance Annual Cvcle FYE FYE FYE FYE All/Unaudited Budget Over/(Under) Budget Adiustments Changes YTD 12/31/2019 12/31/2020 12/31/2021 12/31/2022 YTD 12/31/2023 12/31/2023 12/31/2023 12/31/2024 12/31/24 12/31/24 9,241.61 10,074.73 9,812.01 11,524.76 11,974.42 10,235.00 (1,739.42) 10,404.00 0.00 10,404.00 10,121.96 10,325.87 2,004.61 2,391.20 4,509.14 0.00 (4,509.14) 0.00 0.00 0.00 33,764.88 30,219.24 28,582.06 26,187.97 31,679.49 24,730.00 (6,949.49) 25,104.00 0.00 25,104.00 61,902.38 72,691.61 57,784.09 26,082.19 0.00 0.00 0.00 0.00 0.00 0.00 (57,642.55) 54,363.62 43,308.74 12,066.58 161,067.77 135,058.00 (26,009.77) 137,172.00 0.00 137,172.00 309,651.42 277,456.82 230,286.02 285,362.04 253,617.84 319,625.00 66,007.16 324,336.00 0.00 324,336.00 (4,519.23) (2,819.38) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 890,633.39 1,002,554.18 985,647.89 1,077,541.03 1,221,617.63 1,155,663.00 (65,954.63) 1,172,700.00 30,000.00 1,202,700.00 14,541.09 16,209.23 13,802.08 16,310.65 14,839.02 15,000.00 160.98 15,000.00 0.00 15,000.00 4,381.17 3,713.49 4,375.87 2,789.98 1,210.66 6,046.00 4,835.34 6,167.00 0.00 6,167.00 78,128.02 63,050.09 68,382.73 74,307.15 59,960.13 68,800.00 8,839.87 70,160.00 0.00 70,160.00 100,972.75 101,062.72 117,273.26 140,269.03 166,141.84 184,665.00 18,523.16 193,150.00 0.00 193,150.00 3,566.50 1,176.00 7,327.71 300.00 7,086.50 5,000.00 (2,086.50) 5,000.00 0.00 5,000.00 77,517.20 90,601.26 88,160.78 79,028.55 85,806.44 111,700.00 25,893.56 116,700.00 0.00 116,700.00 823.33 102.00 615.78 407.25 365.58 710.00 344.42 710.00 0.00 710.00 109,940.55 112,912.97 130,451.49 139,862.92 122,845.67 138,005.00 15,159.33 144,905.00 3,000.00 147,905.00 7,098.07 6,251.46 7,410.26 15,293.63 11,475.69 14,596.00 3,120.31 15,326.00 0.00 15,326.00 0.00 0.00 0.00 0.00 335.89 2,800.00 2,464.11 2,800.00 0.00 2,800.00 0.00 0.00 0.00 0.00 0.00 6,500.00 6,500.00 6,500.00 0.00 6,500.00 234,158.50 277,160.86 285,493.16 307,439.88 321,324.69 375,000.00 53,675.31 400,000.00 72,000.00 472,000.00 118.93 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 13,878.89 12,671.39 18,252.85 25,660.81 20,974.33 27,077.00 6,102.67 29,207.00 0.00 29,207.00 323.80 329.00 90.80 102.90 108.00 400.00 292.00 400.00 0.00 400.00 9,347.33 9,482.84 9,406.53 7,836.23 5,166.77 9,800.00 4,633.23 9,996.00 0.00 9,996.00 9,172.04 9,640.26 10,322.91 8,655.82 8,347.98 9,600.00 1,252.02 9,792.00 0.00 9,792.00 22,910.70 14,056.63 14,096.45 17,490.29 15,787.91 18,600.00 2,812.09 19,100.00 0.00 19,100.00 38,549.13 41,660.69 34,004.21 37,189.08 36,455.16 41,700.00 5,244.84 41,700.00 0.00 41,700.00 17,964.60 92,851.10 3,961.93 1,602.46 6,553.14 11,600.00 5,046.86 11,600.00 0.00 11,600.00 0.00 0.00 0.00 0.00 0.00 4,000.00 4,000.00 4,000.00 0.00 4,000.00 0.00 0.00 0.00 0.00 0.00 5,000.00 5,000.00 5,000.00 0.00 5,000.00 2,441.83 281.20 1,353.92 894.84 1,225.45 1,550.00 324.55 1,550.00 0.00 1,550.00 1,156.25 863.80 1,160.68 1,631.58 890.62 1,300.00 409.38 1,300.00 0.00 1,300.00 11,768.63 7,402.88 5,621.67 13,992.18 11,331.46 18,200.00 6,868.54 19,656.00 0.00 19,656.00 1,274.00 1,575.00 1,185.00 5,550.00 800.00 1,500.00 700.00 1,500.00 0.00 1,500.00 0.00 0.00 0.00 0.00 402.57 0.00 (402.57) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 200.00 200.00 200.00 0.00 200.00 442,337.04 508,136.04 517,800.00 524,014.00 539,735.00 539,735.00 0.00 555,925.00 0.00 555,925.00 504,397.79 618,179.04 608,070.73 592,221.00 609,985.00 609,985.00 0.00 628,285.00 0.00 628,285.00 365,435.05 369,820.44 374,258.04 451,488.00 465,035.00 465,035.00 0.00 478,980.00 0.00 478,980.00 (1,079,014.00) (1,268,372.04) (1,267,877.74) (1,245,756.96) (1,283,440.00) (1,283,440.00) 0.00 (1,321,940.00) 0.00 (1,321,940.00) 191,669.54 188,010.67 210,312.94 208,565.43 211,338.35 0.00 (211,338.35) 0.00 0.00 0.00 (191,669.54) (188,010.67) (210,312.94) (208,565.43) (211,338.35) 0.00 211,338.35 0.00 0.00 0.00 7808 Bad Debt Expense 7810 Miscellaneous Expense 7900 Depreciation Expense 8001 Unrealized Loss on Investments 8012 Debt Service Interest Expense 8013 Amortize Deferred Loss on Bonds 8015 0900 - Debt Service Interest Expense 8101 Infrastructure 8103 Capital Equipment 8104 Motor Pool Rent 8300 Debt Service Principal Total Non -Personnel Costs: Total Expenditures: Excess Revenue Over (Under) Expenditures Fund 11000- Harbor Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Budget All Budget All Proposed Mid• Actual All Actual All Actual All Actual All Actual Annual Variance Annual Cycle FYE FYE FYE FYE All/Unaudited Budget Over/(Under) Budget Adjustments Changes YTD 12/31/2019 12/31/2020 12/31/2021 12/31/2022 YTD 12/31/2023 12/31/2023 12/31/2023 12/31/2024 12/31/24 12/31/24 11,143.15 32,428.31 16,243.41 18,751.52 364.05 13,400.00 13,035.95 13,400.00 0.00 13,400.00 2,132.35 485.47 33.30 158.38 2,880.75 0.00 (2,880.75) 0.00 0.00 0.00 1,420,393.80 1,527,282.72 1,527,005.53 1,544,068.25 0.00 1,544,430.00 1,544,430.00 1,544,430.00 0.00 1,544,430.00 0.00 0.00 32,038.83 99,409.67 12,884.18 0.00 (12,884.18) 0.00 0.00 154,236.68 130,134.45 105,070.22 80,475.00 67,350.00 48,850.00 (18,500.00) 29,600.00 0.00 29,600.00 23,567.28 0.00 23,567.27 16,175.67 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 16,321.49 0.00 0.00 0.00 0.00 0.00 0.00 2,267,683.90 0.00 84,411.29 0.00 150,972.39 0.00 (150,972.39) 0.00 0.00 0.00 0.00 0.00 (84,411.09) 3,000.00 0.00 0.00 0.00 0.00 0.00 64,000.12 64,000.08 62,738.11 64,000.00 64,000.00 64,000.00 0.00 64,000.00 0.00 64,000.00 0.00 530,000.00 0.00 0.00 370,000.00 370,000.00 0.00 385,000.00 0.00 385,000.00 4,936,346.47 3,375,149.38 2,821,697.97 3,060,941.25 1,899,201.87 3,451,344.00 1,552,142.13 3,509,099.00 75,000.00 3,584,099.00 5,826,979.86 4,377,703.56 3,807,345.86 4,138,482.28 3,120,819.50 4,607,007.00 1,486,187.50 4,681,799.00 105,000.00 4,786,799.00 1,647,191.34 (162,261.12) 456,421.57 4,429,269.79 757,137.61 (900,013.00) (1,657,150.61) (910,141.00) 2,000.00 (806,333.00) Operating Revenues 5101 Moorage 5102 Wharfage 5103 Boat Lift Fees 5104 Storage Fees 5106 SMIC Power Sales 5109 Washdown Pad Fees 5110 Crane Fees 5153 Fuel Pumping Fee 5800 Labor & Services Total Operating Revenues Non -Operating Revenues 5000 Land Rents & Leases 5802 Equipment Rental 5899 Miscellaneous Revenue 5901 EF Investment Interest 5905 EF Penalties and Interest 5907 EF Interest Revenue - Leases 5920 PERS On -behalf paid by SOA 5921 Federal Grant Funds 5922 State Grant Funds 5940 Amortization of Contributions -in - Aid Total Non -Operating Revenues Total Revenues Fund 12000- SMIC Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Actual All Actual All Actual All Actual All FYE FYE FYE FYE 12/31/2019 12/31/2020 12/31/2021 12/31/2022 Actual All /Unaudited YTD 12/31/2023 Budget All Annual Budget 12/31/2023 Variance Over/(Under) 12/31/2023 47,659 50,198 68,281 72,283 76,648 50,000.00 (26,647.58) 7,639 725 26,214 14,781 95,998 9,500.00 (86,497.64) 237,304 188,649 239,450 225,787 277,950 267,826.00 (10,124.00) 93,799 181,070 167,272 255,450 250,077 200,000.00 (50,077.00) 74,989 66,204 84,686 162,738 57,378 91,286.00 33,908.19 10,053 12,301 15,145 12,686 7,200 11,400.00 4,199.99 1,040 468 3,188 5,963 2,436 1,857.00 (578.62) 0 0 0 397 1,348 818.00 (529.56) 118 3,644 1,126 394 3,852 1,800.00 (2,051.64) Budget All Proposed Mid - Annual Cycle Changes Budget Adjustments YTD 12/31/2024 12/31/24 12/31/24 51,500.00 20,000 71,500 9,785.00 50,000 59,785 275,861.00 275,861.00 200,000.00 200,000.00 91,325.00 91,325.00 11,400.00 11,400.00 1,913.00 1,913 842.00 842.00 1,800.00 1,800.00 472,601 503,258 605,361 750,479 772,885 634,487 (138,398) 644,426 70,000 714,426 193,702.49 193,454.15 176,503.08 136,608.41 186,930.57 176,098.00 (10,832.57) 0 34 0 0 0 0.00 0.00 0 0 0 0 9,782 0.00 (9,781.80) 4,454.48 2,900.98 294.17 2,351.28 9,987.75 1,250.00 (8,737.75) 633.08 362.98 84.26 0.00 0.00 200.00 200.00 0.00 0.00 0.00 79,174.97 0.00 0.00 0.00 0.00 0.00 11,028.62 (3,151.44) 0.00 0.00 0.00 0.00 0.00 0.00 11,600.00 32,076.00 0.00 (32,076.00) 1,061,666.23 0.00 0.00 0.00 0.00 0.00 0.00 505,981.68 1,373,645.11 0.00 0.00 0.00 0.00 0.00 1,766,437.96 1, 570, 396.82 187, 910.13 2,239,038.54 2,073,655.23 226,583.22 238,776.12 793,271.62 977,062.22 1,011,660.98 178,992.00 0.00 0.00 1,250.00 200.00 0.00 0.00 0.00 0.00 4,500 178,992.00 0.00 0.00 5,750.00 200.00 0.00 0.00 0.00 0.00 0.00 177,548.00 (61,228.12) 180,442.00 4,500.00 184,942.00 812,035.00 (199,625.98) 824,868.00 74,500.00 899,368.00 Expenditures Personnnel Costs: 6000 Salaries 6001 Overtime 6100 Medicare 6102 Workers' Compensation 6200 Leave Time 6201 Retirement Benefits 6202 Health Insurance 6209 PERS DC Forfeitures Total Personnel Costs: Non -Personnel Costs: 7002 Postage and Freight 7003 Bank and Credit Card Fees 7004 Insurance 7006 Legal 7009 Contracted Services 7015 Utilities 7016 Heating Fuel 7023 Inspection and Testing 7100 General Power for Resale 7210 Vehicle Supplies 7211 Gas & Lube 7213 Safety Equipment 7215 Operating Supplies 7216 Maintenance & Repair 7217 Small Tools & Equipment 7302 Travel & Subsistence 7303 Education & Training 7321 Harbor General Indirect Costs 7322 Harbor Admin Indirect Costs 7323 SMIC General Indirect Costs 7324 Gen Fund Indirect Costs 7325 Harbor Internal Cost Allocation Fund 12000- SMIC Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Actual All Actual All Actual All Actual All FYE FYE FYE FYE 12/31/2019 12/31/2020 12/31/2021 12/31/2022 Actual All /Unaudited YTD 12/31/2023 Budget All Annual Budget 12/31/2023 Variance Over/(Under) 12/31/2023 Budget All Proposed Mid - Annual Cycle Changes Budget Adjustments YTD 12/31/2024 12/31/24 12/31/24 82,580.97 77,675.71 89,720.16 104,266.94 109,308.71 267,178.00 157,869.29 271,186.00 271,186.00 2,913.57 1,672.77 2,545.28 3,135.02 2,346.75 1,875.00 (471.75) 1,875.00 1,875.00 1,249.10 1,207.76 1,449.23 1,612.03 1,654.31 1,495.00 (159.31) 1,535.00 1,535.00 8,132.85 6,545.32 5,910.01 5,185.42 5,594.04 5,725.00 130.96 5,785.00 5,785.00 0.00 0.00 5,290.82 (4,543.85) 0.00 0.00 0.00 0.00 0.00 19,749.41 18,330.83 6,961.64 130,776.89 24,578.18 58,780.00 34,201.82 59,660.00 59,660.00 53,559.05 48,315.08 42,685.25 36,957.86 34,135.16 37,000.00 2,864.84 38,705.00 38,705.00 (827.84) (310.88) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 167,357.11 153,436.59 154,562.39 277,390.31 177,617.15 372,053.00 194,435.85 378,746.00 0.00 378,746.00 594.10 3,830.90 810.40 2,257.48 3,691.40 2,363.00 (1,328.40) 2,401.00 2,401.00 70.36 0.00 0.00 0.00 0.00 0.00 0.00 0.00 16,635.18 18,392.04 20,478.30 22,327.46 25,377.89 22,680.00 (2,697.89) 23,815.00 23,815.00 965.25 1,817.00 785.71 0.00 0.00 2,000.00 2,000.00 2,000.00 2,000.00 24,649.46 20,458.40 32,391.81 56,698.68 53,050.74 40,700.00 (12,350.74) 33,200.00 33,200.00 42,869.91 29,825.82 25,900.05 26,359.47 24,755.47 28,141.00 3,385.53 29,548.00 29,548.00 1,387.32 3,541.55 2,126.04 2,284.21 2,285.51 2,309.00 23.49 2,424.00 2,424.00 0.00 0.00 0.00 0.00 0.00 5,500.00 5,500.00 6,000.00 6,000.00 41,615.46 46,783.95 43,604.72 112,788.11 282,583.33 99,857.00 (182,726.33) 104,850.00 180,000 284,850 37.17 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6,466.23 5,831.25 9,323.82 9,820.32 9,364.92 14,575.00 5,210.08 15,304.00 15,304.00 0.00 0.00 0.00 0.00 0.00 500.00 500.00 0.00 0.00 1,422.31 2,060.75 3,694.09 2,037.24 4,072.92 1,900.00 (2,172.92) 1,950.00 1,950.00 10,587.18 34,770.20 26,033.41 35,885.35 30,778.31 63,500.00 32,721.69 39,500.00 39,500.00 6,701.43 851.91 423.70 436.64 283.95 1,300.00 1,016.05 1,300.00 1,300.00 531.93 0.00 0.00 0.00 0.00 7,200.00 7,200.00 7,776.00 7,776.00 0.00 0.00 0.00 0.00 0.00 800.00 800.00 800.00 800.00 61,803.96 64,089.00 65,308.00 66,092.00 68,075.00 68,075.00 0.00 70,115.00 70,115.00 70,475.21 77,967.96 76,699.01 63,429.96 65,645.00 65,645.00 0.00 67,615.00 67,615.00 135,347.00 136,761.96 137,087.00 138,732.00 143,045.00 142,895.00 (150.00) 147,180.00 147,180.00 97,539.84 98,709.12 99,895.00 148,709.00 153,170.00 153,170.00 0.00 157,760.00 157,760.00 (135,347.00) (136,761.96) (137,087.00) (138,732.00) (143,045.00) (143,045.00) 0.00 (147,180.00) (147,180.00) 7330 P.I.L.T. 7331 Reclass PILT to Transfer -Out 7808 Bad Debt Expense 7900 Depreciation Expense 8001 Unrealized Loss on Investments 8015 Interest Expense 8101 Infrastructure 8103 Capital Equipment 8104 Motor Pool Rent Total Non -Personnel Costs Total Expenditures Excess Revenue Over (Under) Expenditures Fund 12000- SMIC Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Actual All Actual All Actual All Actual All Actual All Budget All /Unaudited FYE FYE FYE FYE Annual Budget YD 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31T2023 12/31/2023 37,808.05 40,263.37 48,395.43 63,985.37 61,059.95 0.00 (37,808.05) (40,263.37) (48,395.43) (63,985.37) (61,059.95) 0.00 0.00 63,493.81 0.00 0.00 0.00 1,000.00 782,952.84 784,747.45 1,650,183.65 1,650,504.10 0.00 1,651,000.00 0.00 0.00 1,356.66 6,792.73 1,496.66 0.00 1,775.75 0.00 0.00 0.00 0.00 0.00 965,150.75 596.89 0.00 0.00 0.00 0.00 0.00 5,418.42 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 50,000.00 50,000.00 Variance Over/(Under) 12/31/2023 (61,059.95) 61,059.95 1,000.00 1,651,000.00 (1,496.66) 0.00 0.00 0.00 0.00 Budget All Proposed Mid - Annual Cycle Changes Budget Adjustments YTD 12/31/2024 12/31/24 12/31/24 0.00 0.00 0.00 0.00 1,000.00 1,000.00 1,651,000.00 1,651,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 50,000.00 50,000.00 2,134,231.64 1,263,186.42 2,059,014.37 2,206,422.75 774,631.10 2,282,065.00 1,507,433.90 2,268,358.00 180,000.00 2,448,358.00 2,301,588.75 1,416,623.01 2,213,576.76 2,483,813.06 987,817.40 2,654,118.00 1,701,869.75 (62,550.21) 657,032.22 (1,420,305.14) 2,647,104.00 180,000.00 2,827,104.00 (1,506,750.84) 23,843.58 (1,842,083.00) (1,901,495.73) (1,822,236.00) (105,500.00) (1,927,736.00) Revenues Operating Revenue: 5300 Residential 5310 SG Service 5320 LG Service 5330 SMIC Sales 5340 Spec. Contracts 5800 Labor & Services 5801 Turn on Fees 5804 Work Order Revenue 5806 Ship Water 5807 Hydrant Rentals 5899 Miscellaneous Revenue Total Operating Revenue: Non -Operating Revenue: 5901 EF Investment Interest 5905 EF Penalties and Interest 5920 PERS On -behalf paid by SOA 5921 Federal Project Funds 5923 Other Grant Revenue 5940 Amort. of CIA - General Total Non -Operating Revenue Total Revenue: Expenditures: Personnel Costs: 6000 Salaries 6001 Overtime 6002 Standby Time 6100 Medicare 6102 Workers' Compensation 6200 Leave Time 6201 Retirement Benefits 6202 Health Insurance 6209 PERS DC Forfeitures Total Personnel Costs: Fund 17000- Water Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Actual All Budget All Actual All Actual All /Unaudited Annual Variance Actual All Actual All FYE FYE YTD Budget Over/(Under) FYE 12/31/2019 FYE 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2023 12/31/2023 Proposed Mid - Budget All Cycle Changes Annual Budget Adjustments YTD 12/31/2024 12/31/24 12/31/24 519,887.13 524,972.89 519,329.44 468,270.96 473,795.00 531,824.00 58,029.00 165,622.40 148,944.15 183,729.32 269,649.37 276,228.29 169,420.00 (106,808.29) 221,911.98 205,416.37 415,555.91 541,263.58 518,837.07 802,746.00 283,908.93 62,533.51 50,812.31 35,556.30 47,291.15 55,575.88 50,627.00 (4,948.88) 200,784.72 196,375.49 206,380.72 135,195.04 138,834.24 203,192.00 64,357.76 0.00 495.97 0.00 0.00 0.00 0.00 0.00 17,133.64 16,232.83 14,262.22 16,714.97 9,851.21 16,194.00 6,342.79 0.00 0.00 232.00 0.00 0.00 0.00 0.00 110,855.16 2,434.64 2,288.21 39,930.17 47,910.30 39,296.00 (8,614.30) 140,486.47 129,841.96 133,961.70 138,323.12 138,713.23 137,459.00 (1,254.23) 14,127.91 130.42 12,462.15 22,138.28 9,510.01 2,500.00 (7,010.01) 542,461.00 172,809.00 818,801.00 51,639.00 207,256.00 0.00 16,518.00 0.00 40,082.00 140,208.00 2,550.00 542,461.00 172,809.00 818,801.00 51,639.00 207,256.00 0.00 16,518.00 0.00 40,082.00 140, 208.00 2,550.00 1,453,342.92 1,275,657.03 1,523,757.97 1,678,776.64 1,669,255.23 1,953,258.00 284,002.77 67,524.26 58,568.48 5,453.31 29,172.10 96,507.62 6,500.00 (90,007.62) 701.70 160.57 442.78 622.38 483.97 1,000.00 516.03 (7,590.15) 12,425.93 22,173.89 (6,661.67) 0.00 0.00 0.00 0.00 0.00 577,195.00 0.00 0.00 0.00 0.00 0.00 0.00 288,597.50 0.00 0.00 0.00 0.00 205,203.12 205,202.43 0.00 0.00 0.00 0.00 0.00 1,992,324.001 7,000.00 1,000.00 0.00 0.00 0.00 0.00 0.00 1,992,324.00 50,000.00 57,000.00 1,000.00 0.00 0.00 0.00 0.00 265,838.93 276,357.41 893,862.48 23,132.81 96,991.59 7,500.00 (89,491.59) 8,000.00 50,000.00 58,000.00 1,719,181.85 1,552,014.44 2,417,620.45 1,701,909.45 1,766,246.82 1,960,758.00 194,511.18 2,000,324.00 50,000.00 2,050,324.00 186,627.02 181,952.55 173,872.30 205,006.73 210,281.62 202,069.00 (8,212.62) 14,464.91 10,021.78 14,746.53 15,245.62 19,388.97 9,840.00 (9,548.97) 9,112.04 10,085.44 6,542.23 14,987.11 14,759.95 13,920.00 (839.95) 3,096.13 3,451.48 2,906.19 3,288.61 3,543.03 3,072.00 (471.03) 14,512.97 11,199.04 8,243.61 7,195.80 7,594.15 7,600.00 5.85 4,983.15 22,200.01 31,694.12 5,403.79 0.00 0.00 0.00 (18,238.53) 19,653.94 13,999.18 6,999.68 52,012.50 44,455.00 (7,557.50) 117,557.41 113,406.47 77,892.27 133,010.22 110,295.85 128,234.00 17,938.15 (1,873.06) (600.44) 0.00 0.00 0.00 0.00 0.00 205,100.00 9,840.00 13,920.00 3,072.00 7,600.00 0.00 45,125.00 134,646.00 0.00 205,100.00 9,840.00 13,920.00 3,072.00 7,600.00 0.00 45,125.00 134,646.00 0.00 330,242.04 371,370.27 329,896.43 391,137.56 417,876.07 409,190.00 (8,686.07) 419,303.001 0.00 419,303.00 Non -Personnel Costs 7001 Communications 7002 Postage and Freight 7003 Bank and Credit Card Fees 7004 Insurance 7006 Legal 7009 Contracted Services 7010 Engineering 7011 Testing 7015 Utilities 7016 Heating Fuel 7022 Software/SaaS Subscriptions 7023 Inspection and Testing 7210 Vehicle Supplies 7211 Gas & Lube 7212 Uniform Allowance 7213 Safety Equipment 7214 Janitorial Supplies 7215 Operating Supplies 7216 Maintenance & Repair 7217 Small Tools & Equipment 7221 Operating Materials 7222 Computer Hardware 7300 Advertising 7301 Subscriptions & Dues 7302 Travel & Subsistence 7303 Education & Training 7307 GF Administrative Fee 7808 Bad Debt Expense Fund 17000- Water Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Actual All Budget All Actual All Actual All /Unaudited Annual Variance Actual All Actual All FYE FYE YTD Budget Over/(Under) FYE 12/31/2019 FYE 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2023 12/31/2023 Proposed Mid - Budget All Cycle Changes Annual Budget Adjustments YTD 12/31/2024 12/31/24 12/31/24 7,705.33 6,629.36 7,348.89 8,203.21 7,429.69 7,300.00 (129.69) 7,500.00 2,164.52 3,283.72 2,121.77 3,607.46 4,099.86 2,522.00 (1,577.86) 2,572.00 12,023.77 11,179.28 12,490.60 12,321.96 11,998.19 10,000.00 (1,998.19) 12,000.00 7,500.00 2,572.00 12,000.00 19,237.09 22,005.19 26,672.67 31,099.36 37,841.59 30,710.00 (7,131.59) 32,245.00 32,245.00 0.00 0.00 785.71 0.00 0.00 5,000.00 5,000.00 5,000.00 5,000.00 29,788.28 20,064.71 17,682.09 20,070.13 20,937.72 21,500.00 562.28 23,000.00 23,000.00 0.00 0.00 0.00 14,999.03 8,500.13 10,000.00 1,499.87 10,000.00 10,000.00 4,327.60 14,945.49 7,404.76 10,109.91 206.00 2,800.00 2,594.00 2,800.00 2,800.00 216,956.75 235,834.23 238,382.94 251,712.15 267,713.17 273,110.00 5,396.83 286,765.00 36,000.00 322,765.00 731.90 2,619.60 2,194.75 3,811.00 3,838.21 4,834.00 995.79 5,076.00 5,076.00 0.00 0.00 0.00 0.00 0.00 700.00 700.00 700.00 700.00 0.00 0.00 0.00 0.00 13,853.00 5,000.00 (8,853.00) 5,150.00 5,150.00 0.00 137.19 0.00 0.00 0.00 150.00 150.00 150.00 150.00 7,366.10 3,184.91 5,033.76 8,739.50 5,225.24 5,787.00 561.76 6,071.00 6,071.00 0.00 0.00 0.00 0.00 118.26 0.00 (118.26) 0.00 0.00 290.39 804.51 657.69 930.05 1,343.19 800.00 (543.19) 800.00 800.00 0.00 36.54 0.00 0.00 0.00 0.00 0.00 0.00 0.00 18,555.88 18,170.90 19,780.80 52,064.49 20,362.55 20,000.00 (362.55) 20,000.00 20,000.00 3,269.16 10,437.30 20,247.72 13,974.76 21,360.74 12,500.00 (8,860.74) 14,500.00 14,500.00 5,451.26 2,505.97 782.98 1,900.77 4,308.99 4,650.00 341.01 5,150.00 5,150.00 0.00 0.00 0.00 0.00 24.53 0.00 (24.53) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 500.00 500.00 500.00 500.00 0.00 0.00 375.20 0.00 0.00 350.00 350.00 350.00 350.00 227.01 922.00 1,689.88 2,858.64 511.35 1,088.00 576.65 1,110.00 1,110.00 2,617.07 68.58 631.58 332.50 1,382.35 2,500.00 1,117.65 2,500.00 2,500.00 2,620.00 100.00 468.00 1,595.00 1,200.00 1,800.00 600.00 (30.00) (30.00) 262,991.04 262,991.00 269,340.00 277,420.00 285,743.00 285,743.00 0.00 294,315.00 294,315.00 100,510.24 (98,478.60) 81.92 (984.53) 15,184.35 12,500.00 (2,684.35) 12,500.00 12,500.00 7810 Miscellaneous Expense 7330 P.I.L.T. 7331 Reclass PILT to Transfer -Out 7900 Depreciation Expense 8001 Unrealized Loss on Investments 8012 Debt Service Interest Expense 8104 Motor Pool Rent 8105 Improvements other than Buildings 8300 Debt Service Principal Total Non -Personnel Costs Total Expenditures: Excess Revenue Over (Under) Expenditures Fund 17000- Water Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Actual All Actual All Actual All Actual All Actual All Budget All Variance Budget All Adjustments Proposed Mid - /Unaudited Annual Cycle Changes FYE FYE YTD Budget Over/(Under) Annual Budget YTD FYE 12/31/2019 FYE 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2023 12/31/2023 12/31/2024 12/31/24 12/31/24 150.00 217.48 100.00 84.69 47.09 0.00 (47.09) 0.00 0.00 116,267.43 102,052.56 121,900.63 155,888.26 125,286.68 0.00 (125,286.68) 0.00 0.00 (116,267.43) (102,052.56) (121,900.63) (155,888.26) (125,286.68) 0.00 125,286.68 0.00 0.00 423,611.40 423,733.66 417,880.82 415,894.43 0.00 416,000.00 416,000.00 417,000.00 417,000.00 0.00 0.00 19,552.13 79,713.37 16,264.65 0.00 (16,264.65) 0.00 0.00 18,303.47 16,016.47 13,904.24 11,759.62 11,251.94 9,070.00 (2,181.94) 6,890.00 6,890.00 5,000.08 5,000.04 5,048.47 5,150.00 5,000.00 5,000.00 0.00 5,000.00 5,000.00 0.00 0.00 0.00 0.00 3,544.08 0.00 (3,544.08) 0.00 0.00 0.00 0.00 0.00 0.00 145,592.11 145,592.00 (0.11) 147,776.00 147,776.00 1,143,898.34 962,409.53 1,090,659.37 1,227,367.50 914,881.98 1,297,506.00 382,624.02 1,327,389.00 36,000.00 1,363,389.00 1,474,140.38 1,333,779.80 1,420,555.80 1,618,505.06 1,332,758.05 1,706,696.00 373,937.95 1,746,692.00 36,000.00 1,782,692.00 245,041.47 218,234.64 997,064.65 83,404.39 433,488.77 254,062.00 (179,426.77) 253,632.00 14,000.00 267,632.00 Revenues Operating Revenues: 5300 Residential 5310 SG Service 5320 LG Service 5330 SMIC Sales 5801 Turn on Fees 5804 Work Order Revenue 5809 Water/Seward Misc. Service Total Operating Revenue: Non -Operating Revenue: 5901 EF Investment Interest 5905 EF Penalties and Interest 5920 PERS On -behalf paid by SOA 5921 Federal Grant Revenue 5923 Other Grant Revenue 5940 Amort. of CIA - General Total Non -Operating Revenue: Total Revenues Expenditures: Personnel Costs: 6000 Salaries 6001 Overtime 6002 Standby Time 6100 Medicare 6102 Workers' Compensation 6200 Leave Time 6201 Retirement Benefits 6202 Health Insurance 6209 PERS DC Forfeitures Total Personnel Costs: Fund 18000-Wastewater Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Actual Budget All Actual All Actual All Actual All Actual All All/Unaudited Annual Variance FYE FYE FYE FYE YTD Budget Over/(Under) 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2023 12/31/2023 Budget All Proposed Mid - Annual Cycle Changes Budget Adjustments YTD 12/31/2024 12/31/24 12/31/24 694,383.98 699,692.47 699,908.51 624,466.14 629,844.79 684,266.00 54,421.21 697,951.00 0.00 697,951.00 208,197.30 193,898.16 237,877.85 375,661.32 336,369.83 300,000.00 (36,369.83) 315,000.00 0.00 315,000.00 281,600.15 271,115.15 256,566.98 231,277.68 218,659.35 239,502.00 20,842.65 244,292.00 0.00 244,292.00 23,921.10 24,214.02 26,487.26 27,267.11 28,730.28 26,778.00 (1,952.28) 27,314.00 0.00 27,314.00 15,026.67 17,738.70 14,818.69 13,795.50 12,797.96 18,377.00 5,579.04 18,745.00 0.00 18,745.00 791.40 0.00 0.00 0.00 5,265.12 0.00 (5,265.12) 0.00 0.00 0.00 15,749.88 1,882.56 1,407.84 3,870.25 0.00 5,871.00 5,871.00 5,989.00 0.00 5,989.00 1,239,670.48 1,208,541.06 1,237,067.13 1,276,338.00 1,231,667.33 1,274,794.00 43,126.67 1,309,291.00 0.00 1,309,291.00 68,161.67 63,768.23 6,500.15 29,398.05 97,917.31 6,500.00 (91,417.31) 1,349.64 301.87 603.82 1,048.50 653.57 1,200.00 546.43 (3,704.53) 9,243.07 20,587.37 (6,298.79) 0.00 0.00 0.00 0.00 0.00 577,195.00 0.00 0.00 0.00 0.00 0.00 0.00 288,597.50 0.00 0.00 0.00 0.00 398,445.36 398,444.86 0.00 0.00 0.00 0.00 0.00 7,000.00 1,250.00 0.00 0.00 0.00 0.00 50,000.00 0.00 0.00 0.00 0.00 0.00 57,000.00 1,250.00 0.00 0.00 0.00 0.00 464,252.14 471,758.03 893,483.84 24,147.76 98,570.88 7,700.00 (90,870.88) 8,250.00 50,000.00 58,250.00 1,703,922.62 1,680,299.09 2,130,550.97 1,300,485.76 1,330,238.21 1,282,494.00 (47,744.21) 1,317,541.00 50,000.00 1,367,541.00 105,795.18 135,907.85 161,842.87 183,702.52 213,537.62 161,655.00 (51,882.62) 164,080.00 0.00 164,080.00 5,137.26 10,348.05 9,772.00 11,890.17 19,935.51 8,200.00 (11,735.51) 8,200.00 0.00 8,200.00 6,783.52 6,488.64 10,767.43 22,836.78 27,408.23 11,600.00 (15,808.23) 11,600.00 0.00 11,600.00 1,774.03 2,684.93 2,647.88 3,131.77 3,780.85 2,560.00 (1,220.85) 2,560.00 0.00 2,560.00 7,302.60 7,767.66 7,456.05 7,001.69 8,341.96 6,080.00 (2,261.96) 6,080.00 0.00 6,080.00 27,687.17 22,328.80 8,093.91 1,557.87 0.00 0.00 0.00 0.00 0.00 0.00 (5,105.50) 14,618.43 12,995.79 14,473.12 55,630.57 35,565.00 (20,065.57) 36,100.00 0.00 36,100.00 58,787.15 81,125.84 77,283.97 103,682.63 108,489.21 99,387.00 (9,102.21) 104,356.00 0.00 104,356.00 (569.14) (539.41) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 207,592.27 280,730.79 290,859.90 348,276.55 437,123.95 325,047.00 (112,076.95) 332,976.00 0.00 332,976.00 Non -Operating Personnel Costs: 7001 Communications 7002 Postage and Freight 7003 Bank and Credit Card Fees 7004 Insurance 7006 Legal 7009 Contracted Services 7010 Engineering 7011 Testing 7015 Utilities 7016 Heating Fuel 7022 Software/Saar Subscription 7023 Inspection and Testing 7210 Vehicle Supplies 7211 Gas & Lube 7212 Uniform Allowance 7213 Safety Equipment 7214 Janitorial Supplies 7215 Operating Supplies 7216 Maintenance & Repair 7217 Small Tools & Equipment 7218 Inmate Meals 7221 Operating Materials 7301 Subscriptions & Dues 7302 Travel & Subsistence 7303 Education & Training 7307 GF Administrative Fee 7330 P.I.L.T. Fund 18000-Wastewater Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Actual Budget All Budget All Proposed Mid - Actual All Actual All Actual All Actual All All/Unaudited Annual Variance Annual Cycle Changes FYE FYE FYE FYE YTD Budget Over/(Under) Budget Adjustments YTD 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2023 12/31/2023 12/31/2024 12/31/24 12/31/24 6,552.57 6,510.90 5,502.30 6,126.21 5,240.73 6,592.00 1,351.27 6,790.00 0.00 6,790.00 2,206.00 3,377.69 4,038.29 5,503.42 3,929.47 2,730.00 (1,199.47) 2,811.00 0.00 2,811.00 14,899.92 13,851.00 16,127.69 15,441.24 14,565.28 12,206.00 (2,359.28) 12,572.00 0.00 12,572.00 5,938.45 6,319.33 8,852.68 9,184.04 10,135.87 7,800.00 (2,335.87) 8,190.00 0.00 8,190.00 0.00 0.00 785.71 0.00 0.00 500.00 500.00 500.00 0.00 500.00 34,044.61 11,781.70 156,147.55 43,794.26 23,101.73 144,200.00 121,098.27 148,526.00 0.00 148,526.00 0.00 0.00 0.00 14,999.06 8,500.09 10,300.00 1,799.91 10,609.00 0.00 10,609.00 31,534.93 31,085.49 27,110.00 26,430.00 0.00 2,000.00 2,000.00 2,000.00 0.00 2,000.00 166,172.32 176,021.25 172,896.92 216,551.68 217,426.17 9,618.00 (207,808.17) 10,099.00 210,000.00 220,099.00 2,445.70 0.00 430.11 0.00 857.37 0.00 (857.37) 0.00 0.00 0.00 700.00 700.00 700.00 0.00 0.00 0.00 0.00 20,770.00 11,800.00 (8,970.00) 12,154.00 0.00 12,154.00 55.69 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7,858.17 6,946.42 11,112.73 10,464.94 10,191.05 10,211.00 19.95 10,721.00 0.00 10,721.00 90.80 0.00 89.98 150.00 256.73 0.00 (256.73) 0.00 0.00 0.00 273.55 778.12 2,107.49 17.98 1,096.43 1,000.00 (96.43) 1,000.00 0.00 1,000.00 0.00 15.19 0.00 0.00 52.36 0.00 (52.36) 0.00 0.00 0.00 16,894.82 31,462.72 48,493.87 48,706.01 29,580.38 21,500.00 (8,080.38) 22,000.00 0.00 22,000.00 7,927.95 9,272.26 23,891.36 13,260.38 18,168.13 9,000.00 (9,168.13) 9,100.00 0.00 9,100.00 4,026.98 1,531.75 1,703.96 1,702.56 7,829.08 2,000.00 (5,829.08) 2,000.00 0.00 2,000.00 0.00 0.00 0.00 169.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 217.19 0.00 (217.19) 0.00 0.00 0.00 5,521.38 0.00 86.60 16,592.60 127.99 8,000.00 7,872.01 8,000.00 0.00 8,000.00 258.00 131.74 115.31 0.00 2,497.79 250.00 (2,247.79) 108.00 0.00 108.00 1,120.00 320.00 300.00 509.00 1,600.00 300.00 (1,300.00) 300.00 0.00 300.00 160,605.96 162,532.56 164,483.04 169,425.00 172,805.00 172,814.00 9.00 176,270.00 0.00 176,270.00 99,173.64 96,683.28 99,909.35 123,510.90 90,450.40 0.00 (90,450.40) 0.00 0.00 0.00 7331 Reclass PILT to Transfer -Out 7808 Bad Debt Expense 7810 Miscellaneous Expense 7900 Depreciation Expense 8001 Unrealized Loss on Investments 8012 Debt Service Interest Expense 8101 Infrastructure 8103 Capital Equipment 8104 Motor Pool Rent 8300 Debt Service Principal Total Non -Personnel Costs: Total Expenditures Excess Revenue Over (Under) Expenditures Fund 18000-Wastewater Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Actual Budget All Budget All Proposed Mid - Actual All Actual All Actual All Actual All All/Unaudited Annual Variance Annual Cycle Changes FYE FYE FYE FYE YTD Budget Over/(Under) Budget Adjustments YTD 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2023 12/31/2023 12/31/2024 12/31/24 12/31 /24 (99,173.64) (96,683.28) (99,909.35) (123,510.90) (90,450.40) 0.00 90,450.40 0.00 0.00 0.00 7,002.26 (1,442.36) 585.94 155.55 24,128.48 1,000.00 (23,128.48) 1,000.00 0.00 1,000.00 422.48 (0.01) 59.99 152.72 89.65 0.00 (89.65) 0.00 0.00 0.00 366,266.16 353,872.41 353,183.27 349,338.67 0.00 349,340.00 349,340.00 349,340.00 0.00 349,340.00 0.00 0.00 21,431.74 83,955.71 16,389.84 0.00 (16,389.84) 0.00 0.00 0.00 16,006.90 15,362.70 13,924.21 13,346.73 12,746.72 0.00 (12,746.72) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 57,645.02 0.00 (57,645.02) 0.00 0.00 0.00 5,000.08 5,000.04 5,048.47 5,150.00 5,000.00 5,000.00 0.00 5,000.00 0.00 5,000.00 0.00 57,269.60 0.00 0.00 59,885.42 0.00 (59,885.42) 0.00 0.00 0.00 863,125.68 892,000.50 1,038,509.21 1,051,127.74 724,833.97 788,861.00 63,327.03 799,790.00 210,000.00 1,009,790.00 1,070,717.95 1,172,731.29 1,329,369.11 1,399,404.29 1,161,957.92 1,113,908.00 (48,749.92) 1,132,766.00 210,000.00 1,342,766.00 633,204.67 507,567.80 801,181.86 (98,918.53) 168,280.29 168,586.00 1,005.71 184,775.00 (160,000.00) 24,775.00 Revenues Operating Revenue 5200 S. Harbor Lot 5201 N. Harbor Lot 5202 N.E. Ramp Lot 5204 S. Harbor Uplands Lot 5205 Slip Holder Parking Passes 5206 Employee Passes 5207 Miscellaneous Parking Fees 5208 S.W. Harbor Lot 5209 Company Vehicle Pass 5210 Vehicle w/ Trailer 5211 Visitor Parking Permits 5212 Fines - Parking Tickets 5899 Miscellaneous Revenue Total Operating Revenue: Non -Operating Revenue 5901 EF Investment Interest 5904 EF Misc. Interest Revenue 5940 Amort of CIA Total Non -Operating Revenues Total Revenues: Fund 13000- Parking Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Actual Budget All Actual All Actual All Actual All Actual All All/Unaudited Annual Variance FYE FYE FYE FYE YTD Budget Over/(Under) 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2023 12/31/2023 123,798 73,040 152,841 137,627 137,113.37 115,619.00 (21,494.37) 101,269 79,041 183,439 165,225 104,648.92 116,652.00 12,003.08 46,654 37,631 30,481 13,579 52,482.48 32,949.00 (19,533.48) 23,558 23,505 21,738 19,136 21,392.36 19,134.00 (2,258.36) 25,938 19,178 21,211 20,234 12,991.23 26,133.00 13,141.77 11,833 4,439 1,729 3,178 1,074.94 7,328.00 6,253.06 51 0 0 2,069 764.59 246.00 (518.59) O 458 1,280 0 0.00 0.00 0.00 O 654 327 327 0.00 334.00 334.00 15,735 6,075 8,785 9,533 6,543.69 15,522.00 8,978.31 2,523 1,636 6,916 4,206 2,991.40 3,746.00 754.60 3,736 790 2,318 935 0.00 2,255.00 2,255.00 470 20 (260) (50) 0.00 0.00 0.00 Proposed i Budget All Mid- Cycle Annual Changes Budget Adjustments YTD i 12/31/2024 12/31/24 12/31/24 117,932.00 18,000.00 135, 932.00 118,985.00 118,985.00 33,608.00 15,000.00 48,608.00 19,517.00 - 19,517.00 26,656.00 - 26,656.00 7,475.00 7,475.00 251.00 251.00 0.00 - 0.00 327.00 - 327.00 15,833.00 - 15,833.00 3,821.00 - 3,821.00 2,301.00 2,301.00 0.00 - 0.00 355,566 246,465 430,806 375,998 340,002.98 339,918.00 (84.98) 346,706.00 33,000.00 379,706.00 29,924 28,414 3,002 4,094 17,239.31 1,500.00 (15,739.31) O 0 0 16,321 0.00 0.00 0.00 O 0 0 (242) 0.00 0.00 0.00 1,500.00 0.00 0.00 9,000.00 10,500.00 29,924 28,414 3,002 20,173 17,239.31 1,500.00 (15,739.31) 1,500.00 9,000.00 10,500.00 385,490 274,879 433,808 396,171 357,242.29 341,418.00 (15,824.29) 348,206.00 42,000.00 390,206.00 Expenditures: Personnel Costs: 6000 Salaries 6001 Overtime 6100 Medicare 6101 Unemployment Insurance 6102 Workers' Compensation 6200 Leave Time 6201 Retirement Benefits 6202 Health Insurance Total Personnel Costs: Non-Personnnel Costs: 7001 Communications 7002 Postage and Freight 7003 Bank and Credit Card Fees 7004 Insurance 7006 Legal 7009 Contracted Services 7012 Other Special Services 7015 Utilities 7210 Vehicle Supplies 7211 Gas & Lube 7212 Uniform Allowance 7214 Janitorial Supplies 7215 Operating Supplies 7216 Maintenance & Repair 7217 Small Tools & Equipment 7221 Operating Materials 7300 Advertising 7301 Subscriptions & Dues 7302 Travel & Subsistence 7303 Education & Training Fund 13000- Parking Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Actual Budget All Actual All Actual All Actual All Actual All All/Unaudited Annual Variance FYE FYE FYE FYE YTD Budget Over/(Under) 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2023 12/31/2023 59,833 6,909 3,072 9,922 18,121.74 52,466.00 34,344.26 8,658 1,825 43 0 0.00 500.00 500.00 4,289 336 56 631 899.92 500.00 (399.92) 307 462 (153) 0 0.00 280.00 280.00 4,053 527 44 37 75.03 500.00 424.97 3,275 0 (228) 1,476 0.00 0.00 0.00 2,255 1,203 659 8,122 3,694.59 4,225.00 530.41 6,015 2,318 2,393 5,058 8,680.24 10,110.00 1,429.76 Proposed i Budget All Mid- Cycle Annual Changes Budget Adjustments YTD i 12/31/2024 12/31/24 12/31/24 53,253.00 500.00 500.00 290.00 500.00 0.00 4,290.00 10,612.00 53,253.00 500.00 500.00 290.00 500.00 0.00 4,290.00 10,612.00 88,685 13,579 5,886 25,245 31,471.52 68,581.00 37,109.48 69,945.00 0.00 69,945.00 1,814 1,089 994 818 665.84 1,700.00 1,034.16 551 1 359 265 0.00 541.00 541.00 9,989 10,793 17,348 11,949 22,523.33 11,835.00 (10,688.33) 3,293 2,620 1,719 1,173 1,237.71 1,320.00 82.29 O 0 786 0 0.00 2,000.00 2,000.00 1,116 4,296 7,603 5,800 19,203.96 4,500.00 (14,703.96) 2,887 0 0 0 0.00 0.00 0.00 844 846 851 852 851.64 894.00 42.36 1,498 0 0 0 0.00 0.00 0.00 1,234 65 0 0 0.00 0.00 0.00 O 0 0 251 936.65 400.00 (536.65) 458 0 0 0 0.00 0.00 0.00 16,953 3,369 5,444 9,876 631.05 10,000.00 9,368.95 7,264 0 4,903 4,000 4,299.60 6,000.00 1,700.40 51 0 37 2,480 0.00 1,000.00 1,000.00 O 0 0 0 77.39 0.00 (77.39) O 327 0 0 0.00 100.00 100.00 494 0 87 2,475 660.98 500.00 (160.98) 190 0 0 0 0.00 0.00 0.00 125 0 0 0 0.00 0.00 0.00 1,700.00 551.00 12,071.00 1,395.00 2,000.00 4,500.00 0 939.00 0.00 0 400.00 0 10,000.00 6,300.00 1,000.00 0.00 300.00 500.00 0 0 10,000.00 1,700.00 551.00 12,071.00 1,395.00 2,000.00 14,500.00 0.00 939.00 0.00 0.00 400.00 0.00 10,000.00 6,300.00 1,000.00 0.00 300.00 500.00 0.00 0.00 7307 GF Administrative Fee 7330 P.I.L.T. 7331 Reclass PILT to Transfer -Out 7805 Promotion 7810 Miscellaneous Expense 7900 Depreciation Expense 8001 Unrealized Loss on Investments 8104 Motor Pool Rent Total Non -Personnel Cost Total Expenditures Excess Revenue Over (Under) Expenditures Fund 13000- Parking Enterprise Fund 5 Year Revenues and Expenses Consolidated December 31, 2023 Proposed Actual Budget All Budget All Mid- Cycle Actual All Actual All Actual All Actual All All/Unaudited Annual Variance Annual Changes FYE FYE FYE FYE YTD Budget Over/(Under) Budget Adjustments YTD 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2023 12/31/2023 12/31/2024 12/31/24 12/31/24 11,400 11,537 11,675 12,025 12,385.00 12,385.00 0.00 12,760.00 - 12,760.00 28,443 19,714 34,705 30,084 1,711.39 0.00 (1,711.39) 0.00 - 0.00 (28,443) (19,714) (34,705) (30,084) (1,711.39) 0.00 1,711.39 0.00 - 0.00 2,800 0 0 0 0.00 0.00 0.00 0 - 0.00 79 0 0 0 0.00 0.00 0.00 0 - 0.00 29,925 29,023 25,240 26,641 0.00 27,000.00 27,000.00 27,500.00 - 27,500.00 0 0 11,195 14,843 2,594.68 0.00 (2,594.68) 0.00 0.00 13,000 13,000 12,744 13,000 13,000.00 13,000.00 0.00 13,000.00 - 13,000.00 105,967 76,966 100,984 106,447 79,067.83 93,175.00 14,107.17 94,916.00 10,000.00 104,916.00 194,652 90,546 106,870 131,692 110,539.35 161,756.00 51,216.65 164,861.00 10,000.00 174,861.00 190,838 184,334 326,938 264,479 246,702.94 179,662.00 (67,040.94) 183,345.00 32,000.00 215,345.00