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HomeMy WebLinkAboutRes2015-093 Sponsored by: Hunt Public Hearing: October 26, 2015 Additional Public Hearing: November 9, 2015 Adoption: November 9, 2015 CITY OF SEWARD,ALASKA RESOLUTION 2015-093 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, ADOPTING THE SMALL BOAT HARBOR ENTERPRISE FUND BIENNIAL BUDGET FOR CALENDAR YEARS 2016 AND 2017 WHEREAS, the city manager has submitted to the City Council a proposed biennial budget for the City of Seward for Calendar Years 2016 and 2017; and WHEREAS,the preliminary biennial budget was reviewed by the City Council in budget work sessions on October 7, 8, 9 and 16, 2015, which were televised to the public; and WHEREAS, a public hearing is scheduled on the proposed budget for October 26 with public hearing and final adoption scheduled for November 9, 2015; and WHEREAS, the 2016 budget includes a 2.3% increase in harbor tariff rates and the 2017 budget includes a 2.4% increase in harbor tariff rates. NOW THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA,that: Section 1. The Harbor Enterprise Fund biennial budget for Calendar Years 2016 and 2017 which is attached hereto and made a part hereof by reference and which contains estimated revenues and expenses for the period January 1, 2016 - December 31, 2017, 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 9th day of November, 2015. THE CITY OF SEWARD,ALASKA a4A/l) I an Bardarson, Mayor CITY OF SEWARD,ALASKA RESOLUTION 2015-093 I AYES: Keil, Casagranda, Squires, Butts, Altermatt, McClure, Bardarson NOES: None ABSENT: None ABSTAIN: None ATTEST: Jan1cMy Clerk (City Seal) 00 t4°e°eaoeeueeeeep ,,000. b° .°CI fee® t : e .1ys 9 e . SEAL i ® m a ee ® 9° e 1 �° m o S>:�e . c„i-,,,,,. 5.4,,,i7EO F N � p0 - Iey I SMALL BOAT HARBOR ENI"ERPRISE FUND Budgeted Statement of Revenues and Expenses and Change in Net Position For Fiscal Year 2016 and 2017 2014 2015 2016 2017 Actual Budget Budget Budget Operating revenue: Moorage I,622,680 I,637,350 1,645,000 I,710,521 Wharfage 30,232 48,000 48,000 48,000 Boat Lift Fees 110,659 112,000 I10,000 117,325 Power Sales 390,587 400,000 360,000 365,000 Passenger Transit Fee 604,800 6I7,961 625,000 630,000 Launch Fees 70,237 50,000 53,000 54,210 Rents and Leases 318,711 345,500 335,623 335,623 Miscellaneous 64,526 56,250 49,100 49,717 Total operating revenue $3,212,432 $3,267,061 $3,225,723 $3,310,396 Operating expense before depreciation: Salaries&Benefits 1,142,I00 I,092,403 1,I42,250 1,I74,863 Purchased Services 486,873 397,112 351,600 386,700 Power for Resale 239,239 359,000 300,000 307,000 Supplies and Maintenance 124,186 148,000 143,500 151,000 General and Administrative 366,221 260,558 233,699 239,208 Total operating expense: $2,358,619 $2,257,073 $2,171,049 $2,258,771 Operating income before depreciation 853,8I3 1,009,988 1,054,674 1,051,625 Depreciation 1,243,632 I,577,714 1,277,537 1,238,462 Operating loss -$389,819 -$567,726 -$222,863 -$186,837 Non-operating revenue(expense) Interest,grants&other income 1,163,912 20,000 30,000 30,000 Interest&other expense -207,946 -268,823 -263,955 -250,987 Total non-operating revenue(expense) 955,966 -248,823 -233,955 -220,987 Income(loss)before transfers $566,147 -$816,549 -$456,818 -$407,824 Transfers in 241,272 520,000 70,980 70,980 Capital contributions and special items 11,707,114 0 0 0 Transfers out -725,370 373,814 -365,340 -371,142 Change in net position $I1,789,163 $77,265 -$75I,178 -$707,986 Beginning net position 23,367,302 35,156,465 35,233,730 34,482,552 Ending net position $35,156,465 * §35,23,1,73Q $34,482.552 $33,774.566 * Ties to annual Comprehensive Annual Financial Report ', 1 CITY OF SEWARD SMALL BOAT HARBOR ENTERPRISE FUND Budgeted Statement of Cash Flow For Fiscal Year 2016 and 20I7 2015 2016 2017 Budget Budget Budget Beginning Cash Balance at 1/I/15*: $1,081,669 Cash is provided by(used for): Change in net position 77265 -75I,178 -707,986 Add expense items not affecting cash Depreciation 1,577,7I4 1,277,537 I,238,462 Net cash provided by operations $1,654,979 $526,359 $530,476 Other sources(uses)of cash Debt principal payments -511,859 -522,052 (a) -501,187 (b) Capital outlay -57,810 0 (c) 0 (d) Net increase(decrease)in cash $1,085,3I0 $4,307 $29289 Estimated ending cash balance: $2,166,979 $2.171,286 p22200 575 * Tics to CAFR and includes only Harbor Enterprise Fund;excludes related capital projects (a)$522K=2000 Bond-$190K;2005 Float Extension-$65K;2006 South Harbor Bond-$2I5K;USACE Loan-$24K and$27,698 is Travelift loan reimbursement to motor pool fund,maturing on January I,20I6. (b)$S0I,187K=2000 Bond-$200K;2005 Float Extension-$70K;2006 South Harbor Bond-$210K;USACE Loan-$21K. (c) No Motor Pool contributions. $0 to MRRF.No equipment. (d)No Motor Pool contributions. $0 to MRRF.No equipment. Note:Capital Renew/Replace Fee estimated at$100,00 in 2016 and 2017;directly to Harbor MRRF for capital. City of Seward e 10/13/2015 at 12:09 PM Harbor Enterprise Fund Page: 1 Revenue Detail by Line Item For 9/30/2015 2016 2017 2014 2015 Budget 2015-16 Budget 2016-17 Actual Budget Request %Chg Request %Chg Revenues Land Rents&Leases 380,711 408,000 397,623 (2.54) 397,623 0.00 Land Lease Credits (62,000) (62,500) (62,000) (0.80) (62,000) 0.00 Transient Moorage 603,812 574,350 585,000 1.85 570,160 (2.54) Moorage 1,018,868 1,063,000 1,060,000 (0.28) 1,140,361 7.58 Wharfage 30,232 48,000 48,000 0.00 48,000 0.00 Boat Lift Fees 110,659 112,000 110,000 (1.79) 117,325 6.66 Harbor Power Sales 320,767 400,000 360,000 (10.00) 365,000 1.39 Shower Fees 15,028 12,000 12,000 0.00 12,000 0.00 Fuel Pumping Fee 20,413 20,500 20,500 0.00 20,836 1.64 Waiting List Fees 7,497 7,000 7,700 10,00 7,885 2.40 Towing Fees 1,365 2,000 900 (55.00) 900 0.00 Pumping Boats 378 250 300 20.02 300 0.00 North Harbor Launch Fee 33,206 35,000 33,000 (5.71) 33,750 2.27 South Harbor Launch Fee 37,031 15,000 20,000 33.33 20,460 2.30 Labor&Services 8,038 11,500 5,500 (52.17) 5,596 1.75 Collection of Doubtful Accounts 10,988 1,000 1,200 20.00 1,200 0,00 Miscellaneous Revenue 819 2,000 1,000 (50,00) 1,000 0.00 EF Investment Interest 28,694 15,000 20,000 33.33 20,000 0.00 EF Penalties and Interest 10,206 5,000 10,000 100.00 10,000 0.00 PERS On-behalf paid by SOA 158,044 0 0 0.00 0 0.00 Amortization of Contributions-In-Aid 0 1,237,484 945,240 (23.62) 945,240 0.00 Amortization of Bond Premiums 47,429 8,375 8,375 0.00 8,375 0.00 Total Revenues $2,782,185 $3,914,959 $3,584,338 $ 16.62 $3,664,011 $ 23.45 City of Seward .un:10/13/2015 at 12:23 PM 11000 Harbor Enterprise Fund Page: 1 Expense Summary by Line Item For 9/30/2015 2016 2017 2014 2015 Budget 2015-16 Budget 2016-17 Actual Budget Request %Chg Request %Chg Expenditures/Expenses 11000 6000 Salaries 473,983 526,988 550,831 4.52 563,234 2.25 11000 6001 Overtime 23,137 42,519 43,555 2.44 44,601 2.40 11000 6002 Standby Time 13,269 12,116 12,430 2.59 12,729 2.41 110006100 Medicare 8,954 10,191 10,206 0.15 10,842 6.23 11000 6101 Unemployment Insurance 940 0 800 0.00 500 (37.50) 11000 6102 Workers'Compensation 34,222 32,683 33,626 2.89 32,641 (2.93) 11000 6200 Leave Time 56,928 62,345 66,720 7.02 70,122 5.10 11000 6201 Retirement Benefits 290,061 143,229 148,838 3.92 153,954 3.44 11000 6202 Health Insurance 240,606 262,334 275,244 4.92 286,240 4.00 110007001 Communications 11,536 12,000 12,000 0.00 12,000 0.00 11000 7002 Postage and Freight 4,201 10,750 10,500 (2.33) 10,500 0.00 11000 7003 Bank and Credit Card Fees 41,997 50,000 40,000 (20.00) 40,000 0.00 11000 7004 Insurance 79,040 53,500 51,600 (3.55) 82,700 60.27 11000 7006 Legal 15,045 10,000 10,000 0.00 10,000 0.00 11000 7009 Contracted Services 85,099 135,862 103,860 (23.55) 95,320 (8.22) 110007011 Testing 857 0 0 0.00 1,000 0.00 11000 7015 Utilities 112,408 115,000 103,640 (9.88) 114,771 10.74 11000 7016 Heating Fuel 11,221 10,000 10,000 0.00 10,000 0.00 11000 7100 General Power for Resale 239,239 359,000 300,000 (16.43) 307,000 2.33 11000 7211 Gas&Lute 18,270 29,000 23,500 (18.97) 27,500 17.02 11000 7213 Safety Equipment 6,649 7,500 7,500 0.00 7,500 0.00 11000 7214 Janitorial Supplies 8,339 8,500 8,500 0.00 9,500 11.76 11000 7215 Operating Supplies 30,673 34,000 35,000 2.94 36,000 2.86 11000 7216 Maintenance&Repair 37,158 52,000 52,000 0.00 53,000 1.92 11000 7217 Small Tools&Equipment 9,109 17,000 17,000 0.00 17,500 2.94 11000 7300 Advertising 2,495 5,000 5,000 0.00 5,000 0.00 11000 7301 Subscriptions&Dues 1,025 1,500 1,500 0.00 1,500 0.00 11000 7302 Travel&Subsistence 9,393 10,000 10,000 0.00 10,000 0.00 11000 7303 Education&Training 1,019 4,000 4,000 0.00 4,000 0.00 11000 7304 Equipment Rent 690 500 0 (100.00) 0 0.00 11000 7321 Harbor General Indirect Costs 412,133 419,852 424,294 1.06 408,600 (3.70) 11000 7322 Harbor Admin Indirect Costs 274,203 280,707 438,081 56.06 449,972 2.71 11000 7323 SMIC General Indirect Costs 43,995 0 0 0.00 0 0.00 11000 7324 Gen Fund Indirect Costs 331,291 332,948 340,605 2.30 348,780 2.40 110007325 Harbor Internal Cost Allocation (770,499) (807,449) (1,006,581) 24.66 (1,002,144) (0.44) 11000 7330 P.I.L.T, 176,649 182,848 179,608 (1.77) 185,410 3.23 11000 7331 Redass PILT to Transfer-Out (176,649) (182,848) (179,608) (1.77) (185,410) 3.23 11000 7801 Contributions 87 0 0 0.00 0 0.00 11000 7808 Bad Debt Expense 12,034 10,000 13,300 33.00 10,000 (24.81) 11000 7810 Miscellaneous Expense 1,867 3,500 3,500 0.00 3,500 0.00 11000 7900 Depredation Expense 0 1,577,714 1,277,537 (19.03) 1,238,462 (3.06) 11000 8011 Bonding Expense 48,369 0 0 0.00 0 0.00 11000 8012 Debt Service Interest Expense 131,114 268,823 263,955 (1.81) 250,987 (4.91) 11000 8014 Amortization of Bond Issue Costs 0 0 0 (100.00) 0 0.00 110008101 Infrastructure 0 0 0 0.00 0 0.00 11000 8104 Motor Pool Rent 60,477 57,810 0 (100.00) 0 0.00 11000 8300 Debt Service Principal 294,885 511,859 522,052 1.99 501,187 (4.00) Total Expenditures/Expenses $ 2,707,519 $ 4,673,279 $ 4,224,593 $(268.63) 4,238,998 $ 57.67 Run:10/13/2015 at 12:28 PM City of Seward Revenue and Expenses by Department Harbor Enterprise Fund Harbor•General For 9/30/2015 2013 2014 Y-T-D 2015 2016 2015-16 2017 Actual Actual Actual Budget Budget %Change Budget Revenues 11000 2000 5000 Land Rents&Leases 276,443 287,711 278,969 283,000 273,623 0.03 273,623 11000 2000 5001 Land Lease Credits (887) 0 0 0 0 0.00 0 11000 2000 5150 Shower Fees 11,721 15,028 3,780 12,000 12,000 0.00 12,000 11000 2000 5157 North Harbor Launch Fee 32,580 33206 26,072 35,000 33,000 0.06 33,750 11000 2000 5158 South Harbor Launch Fee 17,038 37,031 13,880 15,000 20,000 (0.33) 20,460 11000 2000 5800 Labor&Services 735 2,577 971 1,000 1,000 0.00 1,000 11000 2000 5899 Miscellaneous Revenue 1,155 789 436 2,000 1,000 0.50 1,000 11000 2000 5901 EF Investment Interest 24,698 22,107 0 15,000 20,000 (0.33) 20,000 11000 2000 5905 EF Penalties and Interest 230 0 0 0 0 0.00 0 11000 2000 5911 Unrealized Gain on FV of Investments (24,266) 0 0 0 0 0.00 0 11000 2000 5920 PERS On-behalf paid by SOA 83,767 158,044 0 0 0 0.00 0 11000 2000 5922 State Grant Funds 8,271 0 0 0 0 0.00 0 11000 2000 5940 Amortization of Contributions-in-Aid 577 0 0 283,577 0 1.00 0 Total Revenues $ 432,062 $ 556,493 $ 324,108 $ 646,577 $ 360,623 $ 0.44 $ 361,833 Expenditures Personnel Costa: 11000 2000 6000 Salaries 98,849 123,701 116,725 75,860 82,281 0.08 84,250 11000 2000 6001 Overtime 7,093 4,092 5,698 6,770 6,298 (0.07) 6,449 11000 2000 6002 Standby Time 9,849 12,434 9,956 3,417 7,223 1.11 7,397 11000 2000 6100 Medicare 2,370 2,889 2,790 1,841 2,058 0.12 2,108 11000 2000 6101 Unemployment Insurance 1,067 142 0 0 0 0.00 0 11000 2000 6102 Workers'Compensation 7,542 12,542 13,203 4,729 8,180 0.73 8,987 11000 2000 6200 Leave Time 41,575 39,448 31,508 41,790 38,767 (0.07) 39,695 11000 2000 6201 Retirement Benefits 22,016 37,036 5,053 3,754 7,371 0.96 7,548 11000 2000 6202 Health Insurance 49,505 74,210 50,675 80,147 59,755 (0.25) 62,139 Total Personnel Costs: $ 239,866 $ 306,494 $ 235,608 $ 218,308 $ 211,933 $ (0.03) $ 218,573 Non-Personnel Costs: 11000 2000 7001 Communications 0 665 366 0 0 0.00 0 11000 2000 7002 Postage and Freight 3,552 3,102 1,456 6,000 6,000 0.00 6,000 11000 2000 7003 Bank and Credit Card Fees 0 (3,252) 0 0 0.00 0 11000 2000 7004 Insurance 4,078 6,178 7,470 5,000 6,300 0.26 7,600 11000 2000 7009 Contracted Services 44,949 59,309 30,425 87,862 55,860 (0.36) 46,320 11000 2000 7011 Testing 0 857 1,551 0 0 0.00 1,000 11000 2000 7015 Utilities 55,084 62,854 49,940 72,500 50,000 (0.31) 60,000 11000 2000 7016 Heating Fuel 9,373 11,221 6,736 10,000 10,000 0.00 10,000 11000 2000 7211 Gas&Lube 16,247 15,526 9,326 22,000 18,000 (0.18) 22,000 11000 2000 7213 Safety Equipment 5,053 6,451 5,325 7,500 7,500 0.00 7,500 11000 2000 7214 Janitorial Supplies 7,542 8,339 8,863 8,500 8,500 0.00 9,500 11000 2000 7215 Operating Supplies 4,558 11,831 2,112 12,000 12,000 0.00 12,000 11000 2000 7216 Maintenance&Repair 15,891 17,402 6,890 17,000 17,000 0.00 18,000 11000 2000 7217 Small Tools&Equipment 5,616 4,027 2,009 7,000 7,000 0.00 7,000 11000 2000 7300 Advertising 420 1,131 2,890 3,000 3,000 0.00 3,000 11000 2000 7301 Subscriptions&Dues 0 0 300 0 0 0.00 0 11000 2000 7302 Travel&Subsistence 0 2,049 1,841 0 0 0.00 0 11000 2000 7303 Education&Training 0 56 0 0 0 0.00 0 11000 2000 7325 Harbor Internal Cost Allocation (376,969) (462,673) (362,934) (483,912) (495,245) 0.02 (476,927) 11000 2000 7330 P.I.L.T. 5,056 7,090 726 5,200 5,360 0.03 5,456 11000 2000 7331 Reclass PILT to Transfer-Out (5,056) (7,090) (726) (5,200) (5,360) 0.03 (5,456) 11000 2000 7810 Miscellaneous Expense 1,238 1,715 125 2,000 2,000 0.00 2,000 11000 2000 7900 Depredation Expense 27,588 0 0 27,588 27,588 0.00 0 11000 2000 8011 Bonding Expense 0 1 0 0 0 0.00 0 11000 2000 8104 Motor Pool Rent 20210 23,343 15,157 20,210 0 (1.00) 0 Total Non-Personnel Costs: $ (155,570) $ (229,868) $ (210,151) S (175,752) $ (264,497) $ 0.50 $ (265,007) Total Expenditures $ 84,296 $ 78,626 $ 25,457 $ 42,556 $ (52,564) $ (2.24) $ (46,434) Run:10/13/2015 at 12:28 PM City of Seward Revenue and Expenses by Department Harbor Enterprise Fund Harbor-Administration For 913012015 2013 2014 Y-T-D 2015 2016 2015-16 2017 Actual Actual Actual Budget Budget %Change Budget Revenues 11000 2001 5901 EF Investment Interest 0 6,587 0 0 0 0.00 11000 2001 5940 Amortization of Contributions-in-Aid „ u 0 8,667 0 1.00 C Total Revenues $ 0 $ 6,587 $ 0 $ 8,667 $ 0 $ 1.00 $ 0 Expenditures Personnel Costs: 11000 2001 6000 Salaries 108,469 122,482 100,504 67,877 202,830 1.99 206,905 11000 2001 6001 Overtime 4,790 7,897 21,556 16,869 23,289 0,38 23,850 110002001 6100 Medicare 1,935 2,097 1,992 1,740 3,428 0.97 3,522 11000 2001 6101 Unemployment Insurance 0 798 430 0 800 0.00 500 11000 2001 6102 Workers'Compensation 1,369 1,721 3,677 1,589 1,786 0.12 1,830 11000 20016200 Leave Time 17,824 17,480 11,122 20,555 22,016 0.07 24,227 11000 20016201 Retirement Benefits 20,227 15,602 4,943 5,321 12,523 1.35 12,823 11000 2001 6202 Health Insurance 45,080 59,530 53,140 77,794 106,624 0,37 110,889 Total Personnel Costs: $ 199,694 $ 227,607 $ 197,364 $ 191,745 $ 373,296 $ 0.95 $ 384,546 non-Personnel Costs: 11000 2001 7001 Communications 8,723 10,871 6,708 12,000 12,000 0.00 12,000 11000 2001 7002 Postage and Freight 598 296 289 1,300 1,300 0.00 1,300 11000 2001 7003 Bank and Credit Card Fees 44,980 45,248 37,730 50,000 40,000 (0.20) 40,000 11000 2001 7004 Insurance 2,137 3,680 3,505 7,000 3,800 (0.46) 3,800 11000 2001 7006 Legal 8,820 15,045 12,037 10,000 10,000 0.00 10,000 11000 2001 7009 Contracted Services 5,606 4,577 17,000 20,000 20,000 0.00 20,000 11000 2001 7211 Gas&Lube 1,598 850 322 4,000 3,000 (0.25) 3,000 11000 2001 7213 Safety Equipment 0 198 351 0 0 0.00 0 11000 2001 7215 Operating Supplies 12,283 11,174 5,296 9,000 10,000 0.11 11,000 11000 2001 7216 Maintenance&Repair 544 472 924 500 500 0.00 500 11000 2001 7217 Small Tools&Equipment 2,592 1,513 3,231 3,500 3,500 0,00 3,500 11000 2001 7300 Advertising 2,539 1,364 1,377 2,000 2,000 0.00 2,000 11000 2001 7301 Subscriptions&Dues 903 1,025 590 1,500 1,500 0.00 1,500 11000 2001 7302 Travel&Subsistence 11,516 7,344 2,157 10,000 10,000 0.00 10,000 11000 2001 7303 Education&Training 2,555 963 2,915 4,000 4,000 0.00 4,000 11000 2001 7304 Equipment Rent 0 690 1,192 500 0 (1.00) 0 11000 2001 7325 Harbor Internal Cost Allocation (214,272) (307,826) (242,653) (323,537) (511,336) 0.58 (525,217) 11000 2001 7801 Contributions 0 87 0 0 0 0.00 0 11000 2001 7810 Miscellaneous Expense 404 312 831 1,500 1,500 0.00 1,500 11000 2001 7900 Depreciation Expense 2,821 0 0 11,487 11,487 0.00 0 11000 2001 8104 Motor Pool Rent 5,600 5,133 4,200 5,600 0 (1.00) 0 Total Non-Personnel Costs: $ (100,053) $ (196,984) $ (141,998) $ (169,650) $ (376,749) $ 1.22 $ (401,117) Total Expenditures $ 99,641 $ 30,623 $ 55,366 $ 22,095 $ (3,453) $ (1.16) $ (16,571) Run:10/13/2015 at 12:28 PM City of Seward Revenue and Expenses by Department Harbor Enterprise Fund Harbor•Float System For 913012015 2013 2014 Y-T-D 2015 2016 2015-16 2017 Actual Actual Actual Budget Budget %Change Budget Revenues 11000 2002 5100 Transient Moorage 366,113 352,801 115,716 367,000 370,000 (0.01) 350,000 11000 2002 5101 Moorage 1,016,836 1,018,868 875,966 1,063,000 1,060,000 0.00 1,140,361 11000 2002 5153 Fuel Pumping Fee 16,383 14,818 663 14,000 14,000 0.00 14,336 11000 2002 5154 Waiting List Fees 8,411 7,497 2,111 7,000 7,700 (0.10) 7,885 11000 2002 5155 Towing Fees 420 893 210 2,000 500 0.75 500 11000 2002 5156 Pumping Boats 252 347 0 250 300 (0.20) 300 11000 2002 5800 Labor&Services 1,995 3,934 525 10,000 4,000 0.60 4,096 11000 2002 5905 EF Penalties and Interest 10,436 10,206 3,624 5,000 10,000 (1,00) 10,000 11000 2002 5940 Amortization of Contributions-In-Aid 519,903 0 0 624,653 624,653 0.00 624,653 Total Revenues $1,940,729 $ 1,409,364 $ 998,815 $2,092,903 $2,091,153 $ 0.00 $2,152,131 Expenditures Personnel Costs: 11000 2002 6000 Salaries 166,155 144,657 56,772 260,167 176,490 (0.32) 180,714 11000 2002 6001 Overtime 5,702 7,401 3,664 14,475 9,968 (0.31) 10,207 11000 2002 6002 Standby Time 2,721 835 110 8,699 5,207 (0.40) 5,332 11000 2002 6100 Medicare 2,802 2,429 998 4,604 3,403 (0.26) 3,484 11000 2002 6102 Workers'Compensation 14,796 13,256 5,720 18,685 16,770 (0.10) 14,250 11000 2002 6200 Leave Time 0 0 0 0 4,128 0.00 4,226 11000 2002 6201 Retirement Benefits 23,666 14,830 2,413 9,464 9,447 0.00 9,673 11000 2002 6202 Health Insurance 63,396 69,158 23,527 68,690 70,225 0.02 73,028 Total Personnel Costs: $ 279,238 $ 252,566 $ 93,204 $ 384,784 $ 295,638 $ (0.23) $ 300,914 Non-Personnel Costs: 11000 2002 7002 Postage and Freight 1,582 155 470 1,500 1,250 (0.17) 1,250 11000 2002 7004 Insurance 60,845 59,138 21,939 30,000 30,000 0.00 60,000 11000 2002 7009 Contracted Services 7,146 12,067 6,008 10,000 10,000 0.00 11,000 11000 2002 7015 Utilities 58,912 42,939 30,210 36,000 47,140 0.31 48,271 11000 2002 7213 Safety Equipment 0 0 200 0 0 0.00 0 11000 2002 7215 Operating Supplies 3,823 2,442 2,887 6,000 6,000 0.00 6,000 11000 2002 7216 Maintenance&Repair 15,345 6,691 8,269 15,000 15,000 0.00 15,000 11000 2002 7217 Small Tools&Equipment 2,026 1,648 110 5,000 5,000 0.00 5,000 11000 2002 7302 Travel&Subsistence 0 0 17 0 0 0.00 0 11000 2002 7321 Harbor General Indirect Costs 246,013 280,409 219,962 285,661 280,804 (0.02) 270,418 11000 2002 7322 Harbor Admin Indirect Costs 140,885 186,557 147,148 190,989 289,928 0.52 297,798 11000 2002 7324 Gen Fund Indirect Costs 197,411 201,359 151,775 202,367 207,021 0.02 211,990 11000 2002 7330 P.I.LT. 112,831 111,933 56,499 117,060 116,520 0.00 119,228 11000 2002 7331 Reclass PILT to Transfer-Out (112,831) (111,933) (56,499) (117,060) (116,520) 0.00 (119,228) 11000 2002 7808 Bad Debt Expense 31,295 10,098 0 8,000 11,000 0.37 8,000 11000 2002 7900 Depredation Expense 926,784 0 0 1,093,295 1,200,000 0.10 1,200,000 11000 2002 8101 Infrastructure 0 0 2,028 0 0 0.00 - 0 Total Non-Personnel Costs: $ 1,692,067 $ 803,503 $ 591,023 $1,883,812_ $2,103,143 $ 0.12 $2,134,727 Total Expenditures $1,971,305 $1,056,069 $ 684,227 $2,268,596 $2,398,781 $ 0.06 $2,435,641 Run:10/13/2015 at 12:28 PM City of Seward Revenue and Expenses by Department Harbor Enterprise Fund Harbor-Wharves&Docks For 913012015 2013 2014 Y-T-D 2015 2016 2015-16 2017 Actual Actual Actual Budget Budget %Change Budget Revenues 11000 2003 5000 Land Rents&Leases 124,000 93,000 155,000 125,000 124,000 0.01 124,000 11000 2003 5001 Land Lease Credits (62,000) (62,000) (77,500) (62,500) (62,000) 0.01 (62,000) 11000 2003 5100 Transient Moorage 198,598 251,011 85,069 207,350 215,000 (0.04) 220,160 11000 2003 5102 Wharfage 66,540 30,232 8,021 48,000 48,000 0.00 48,000 11000 2003 5153 Fuel Pumping Fee 5,506 5,595 860 6,500 6,500 0.00 6,500 11000 2003 5155 Towing Fees 158 0 0 0 0 0.00 0 11000 2003 5890 Collection of Doubtful Accounts 1,587 10,988 1,105 1,000 1,200 (0.20) 1,200 11000 2003 5940 Amortization of Contributions-in-Aid 308,200 0 0 308,200 308,200 0.00 308,200 11000 2003 5941 Amortization of Bond Premiums 8,375 47,429 0 8,375 8,375 0.00 8,375 Total Revenues $ 650,964 $ 376,255 $ 172,555 $ 641,925 $ 649,275 $ (0.01) $ 654,435 Expenditures Personnel Costs: 11000 2003 6000 Salaries 14,870 15,139 13,146 28,638 18,584 (0.35) 19,029 11000 2003 6001 Overtime 408 471 849 811 750 (0.08) 767 11000 2003 6100 Medicare 225 370 429 466 0 (1.00) 414 11000 2003 6102 Workers'Compensation 563 969 1,245 1,757 1,220 (0.31) 1,344 11000 2003 6200 Leave Time 0 0 0 0 462 0.00 473 11000 2003 6201 Retirement Benefits 1,959 1,622 427 1,069 939 (0.12) 961 11000 2003 6202 Health Insurance 6,668 6,138 3,796 6,206 7,451 0.20 7,749 Total Personnel Costs: $ 24,693 $ 24,709 $ 19,892 $ 38,947 $ 29,406 $ (0.24) $ 30,737 Non-Personnel Costs: 11000 2003 7002 Postage and Freight 0 48 24 250 250 0.00 250 11000 2003 7004 Insurance 4,649 4,879 5,090 5,200 5,200 0.00 5,000 11000 2003 7009 Contracted Services 9,060 1,000 720 1,000 1,000 0.00 1,000 11000 2003 7015 Utilities 7,005 6,615 4,492 6,500 6,500 0.00 6,500 11000 2003 7213 Safety Equipment 0 0 122 0 0 0.00 0 11000 2003 7215 Operating Supplies 0 617 770 1,000 1,000 0.00 1,000 11000 2003 7216 Maintenance&Repair 659 4,060 757 7,500 7,500 0.00 7,500 11000 2003 7217 Small Tools&Equipment 0 749 69 1,000 1,000 0.00 1,000 11000 2003 7321 Harbor General Indirect Costs 38,844 52,830 41,441 53,819 57,150 0.06 55,036 11000 2003 7322 Harbor Admin Indirect Costs 22,245 35,158 27,723 35,983 59,007 0.64 60,609 11000 2003 7324 Gen Fund Indirect Costs 67,297 68,643 51,740 68,986 70,573 0.02 72,267 11000 2003 7330 P.I.L.T. 21,664 22,947 5,281 19,588 21,656 0.11 22,068 11000 2003 7331 Reciass PILT to Transfer-Out (21,664) (22,947) (5,281) (19,588) (21,656) 0.11 (22,068) 11000 2003 7808 Bad Debt Expense 2,397 1,936 0 2,000 2,300 0.15 2,000 11000 2003 7900 Depredation Expense 408,219 0 0 406,882 0 (1.00) 0 Total Non-Personnel Costs: $ 560,375 $ 176,535 $ 132,948 $ 590,120 $ 211,480 $ (0.64) $ 212,162 Total Expenditures $ 585,068 $ 201,244 $ 152,840 $ 629,067 $ 240,886 $ (0.62) $ 242,899 Run:10/13/2015 at 12:28 PM City of Seward Revenue and Expenses by Department Harbor Enterprise Fund Harbor-50-Ton Boat Lift For 9/3012015 2013 2014 Y-T-D 2015 2016 2015-16 2017 Actual Actual Actual Budget Budget %Change Budget Revenues 11000 2004 5103 Boat Lift Fees 107,198 110,659 46,021 112,000 110,000 0.02 117,325 11000 2004 5155 Towing Fees 893 473 105 0 400 0,00 400 11000 2004 5156 Pumping Boats 0 32 0 0 0 0.00 0 11000 2004 5800 Labor&Services 1,208 1,412 158 500 500 0.00 500 Total Revenues $ 109,299 $ 112,576 $ 46,284 $ 112,500 $ 110,900 $ 0.01 $ 118,225 Expenditures Personnel Costs: 11000 2004 6000 Salaries 38,491 29,487 30,317 36,037 30,036 (0.17) 30,755 11000 2004 6001 Overtime 517 1,697 1,259 1,660 1,364 (0.18) 1,397 11000 2004 6100 Medicare 566 464 475 581 508 (0.13) 507 11000 2004 6102 Workers'Compensation 3,498 3,454 3,131 3,211 3,320 0.03 3,649 11000 2004 6200 Leave Time 0 0 0 0 495 0.00 629 11000 2004 6201 Retirement Benefits 5,398 2,916 1,277 1,294 1,549 0.20 1,533 11000 2004 6202 Health Insurance 15,475 13,504 13,789 12,987 13,280 0.02 13,810 Total Personnel Costs: $ 63,945 $ 51,522 $ 50,248 $ 55,770 $ 50,552 $ (0.09) $ 52,280 Non-Personnel Costs: 11000 2004 7002 Postage and Freight 473 516 31 1,200 1,200 0.00 1,200 11000 2004 7004 Insurance 4,031 4,226 4,409 4,300 4,300 0.00 4,300 11000 2004 7009 Contracted Services 2,362 1,780 560 2,000 2,000 0.00 2,000 11000 2004 7211 Gas&Lube 2,623 1,895 922 3,000 2,500 (0.17) 2,500 11000 2004 7215 Operating Supplies 33 348 19 1,000 1,000 0.00 1,000 11000 2004 7216 Maintenance&Repair 1,855 2,569 441 8,500 8,500 0.00 8,500 11000 2004 7217 Small Tools&Equipment 0 600 320 500 500 0.00 500 11000 2004 7302 Travel&Subsistence 61 0 0 0 0 0.00 0 11000 2004 7303 Education&Training 0 0 660 0 0 0,00 0 11000 2004 7321 Harbor General Indirect Costs 21,580 18,514 14,523 18,861 22,430 0.19 21,600 11000 2004 7322 HarborAdmin Indirect Costs 12,358 12,317 9,715 12,610 23,159 0.84 23,787 11000 2004 7324 Gen Fund Indirect Costs 24,360 24,847 18,728 24,971 25,545 0.02 26,158 11000 2004 7330 P.I.L.T. 8,744 9,006 3,703 9,000 7,272 (0.19) 9,458 11000 2004 7331 Reclass PILT to Transfer-Out (8,744) (9,006) (3,703) (9,000) (7,272) (0.19) (9,458) 11000 2004 7900 Depreciation Expense 13,196 0 0 13,196 13,196 0.00 13,196 11000 2004 8104 Motor Pool Rent 32,000 32,000 24,000 32,000 0 (1.00) 0 Total Non-Personnel Costs: $ 114,932 $ 99,612 $ 74,328 $ 122,138 $ 104,330 $ (0.15) $ 104,741 Total Expenditures $ 178,877 $ 151,134 $ 124,576 $ 177,908 $ 154,882 $ (0.13) $ 157,021 Run:10/13/2015 at 12:28 PM City of Seward Revenue and Expenses by Department Harbor Enterprise Fund Harbor-Electrical System For 9130/2015 2013 2014 Y-T-D 2015 2016 2015-16 2017 Actual Actual Actual Budget Budget %Change Budget Revenues 11000 2005 5105 Harbor Power Sales 330,574 320,767 158,442 400,000 360,000 0.10 365,000 11000 2005 5800 Labor&Services 131 115 0 0 0 0.00 0 11000 2005 5899 Miscellaneous Revenue 0 30 20 0 0 0.00 0 11000 2005 5940 Amortization of Contributions-in-Aid 12,387 0 0 12,387 12,387 0.00 12,387 Total Revenues $ 343,092 $ 320,912 $ 158,462 $ 412,387 $ 372,387 $ 0.10 $ 377,387 Expenditures Personnel Costs: 11000 2005 6000 Salaries 37,496 38,516 22,407 58,407 40,810 (0.30) 41,581 11000 2005 6001 Overtime 1,885 1,579 1,756 1,934 1,886 (0.02) 1,931 11000 2005 6100 Medicare 670 706 398 959 809 (0.16) 807 11000 2005 6102 Workers'Compensation 1,768 2,281 1,453 2,712 2,350 (0.13) 2,581 11000 2005 6200 Leave The 0 0 0 0 852 0.00 872 11000 2005 6201 Retirement Benefits 5,003 4,038 962 1,902 2,005 0.05 2,054 11000 2005 6202 Health Insurance 16,291 18,065 9,656 16,510 17,909 0.08 18,625 Total Personnel Costs: $ 63,113 $ 65,185 $ 36,632 $ 82,424 $ 66,421 $ (0.19) $ 68,451 Non-Personnel Costs: 11000 2005 7002 Postage and Freight 172 84 51 500 500 0.00 500 11000 2005 7004 Insurance 1,028 938 763 2,000 2,000 0.00 2,000 11000 2005 7009 Contracted Services 13,297 6,366 362 15,000 15,000 0.00 15,000 11000 2005 7100 General Power for Resale 271,895 239,239 192,638 359,000 300,000 (0.16) 307,000 11000 2005 7215 Operating Supplies 5,046 4,261 3,162 5,000 5,000 0.00 5,000 11000 2005 7216 Maintenance&Repair 139 5,964 340 3,500 3,500 0.00 3,500 11000 2005 7217 Small Tools&Equipment 3,719 572 325 0 0 0.00 500 11000 2005 7321 Harbor General Indirect Costs 46,397 60,380 47,364 61,511 63,910 0.04 61,546 11000 2005 7322 Harbor Admin Indirect Costs 26,570 40,171 31,685 41,125 65,987 0.60 67,778 11000 2005 7323 SMIC General Indirect Costs 37,783 43,995 3,410 0 0 0.00 0 11000 2005 7324 Gen Fund Indirect Costs 35,727 36,442 27,468 36,624 37,466 0.02 38,365 11000 2005 7330 P.I.L.T. 26,508 25,673 12,677 32,000 28,800 (0.10) 29,200 11000 2005 7331 Reclass PILT to Transfer-Out (26,508) (25,673) (12,677) (32,000) (28,800) (0.10) (29,200) 11000 2005 7808 Bad Debt Expense 2,403 0 0 0 0 0.00 0 11000 2005 7810 Miscellaneous Expense (648) (160) 0 0 0 0.00 0 11000 2005 7900 Depredation Expense 13,669 0 0 25,266 25,266 0.00 25,266 Total Non-Personnel Costs: $ 457,197 $ 438,252 $ 307,568 $ 549,526 $ 518,629 $ (0.06) $ 526,455 Total Expenditures $ 520,310 $ 503,437 $ 344,200 $ 631,950 $ 585,050 $ (0.07) $ 594,906 Run:10/13/2015 at 12:28 PM City of Seward Revenue and Expenses by Department Harbor Enterprise Fund Harbor•Debt Service For 913012015 2013 2014 Y-T-D 2015 2016 2015-16 2017 Actual Actual Actual Budget Budget %Change Budget Revenues Total Revenues $ 0 $ 0 $ 0 $ 0 $ 0 $ 0.00 $ 0 menditures Personnel Costs: 11000 2090 6201 Retirement Benefits 130,007 214,018 72,576 120,425 115,004 (0.05) 119,362 Total Personnel Costs: $ 130,007 $ 214,018 $ 72,576 $ 120,425 $ 115,004 $ (0.05) $ 119,362 Non-Personnel Costs: 11000 2090 8011 Bonding Expense 0 48,369 0 0 0 0.00 0 11000 2090 8012 Debt Service Interest Expense 287,762 131,114 158,394 268,823 263,955 (0.02) 250,987 11000 2090 8014 Amortization of Bond Issue Costs 0 0 0 0 0 (1.00) 0 11000 2090 8300 Debt Service Principal 0 294,885 236,254 511,859 522,052 0.02 501,187 Total Non-Personnel Costs: $ 287,762 $ 474,368 $ 394,648 $ 780,682 $ 786,007 $ 0.01 $ 752,174 Total Expenditures $ 417,769 $ 688,386 $ 467,224 $ 901,107 $ 901,011 $ 0.00 $ 871,536 CITY OF SEWARD SMALL BOAT HARBOR ENTERPRISE FUND 2016 and 2017 Debt Service Schedule Balance 2016 Budget Balance Description Interest Rate @ 1/01/16 Principal Interest Retirement Total @ 12/31/16 Term 2007 Ref 2000 E-Float&Cleaning Stations Bond 4.85%-5.5% 1,265,000 190,000 55,794 245,794 1,075,000 2000-10/2021 2014 Ref 2005 Float Extension Bond-Step 1 _ 1.25%-5.00% 830,000 65,000 37,613 102,613 765,000 2005-12/2025 Motor Pool 50-Ton Lift Loan 5.50% 27,698 27,698 1,523 29,221 0 2006-01/2016 2014 Ref 2006 South Harbor Bond 3.00%-4.00% 2,790,000 215,000 122,400 337,400 2,575,000 2006-06/2026 US Army Corps Breakwater Loan(estimated) _ 4.25% 1,201,196 24,354 46,625 70,980 1,176,842 2016-2045 PERS Past Service Cost n/a n/a n/a 115,004 115,004 n/a 2039 Totals: $6,113,894 $522,052 $263,955 $115,004 $901,011 $4,415,000 Balance 2017 Budget Balance Description Interest Rate @ 1/01/17 Principal Interest Retirement Total @ 12/31/17 Term 2007 Ref 2000 E-Float&Cleaning Stations Bond 4.85%-5.5% 1,075,000 200,000 46,294 246,294 875,000 2000-10/2021 ' 2014 Ref 2005 Float Extension Bond-Step 1 1.25%-5.00% 765,000 70,000 36,800 106,800 695,000 2005-12/2025 2014 Ref 2006 South Harbor Bond 3.00%-4.00% 2,575,000 210,000 118,100 328,100 2,365,000 2006-06/2026 US Army Corps Breakwater Loan(estimated) 4.25% 1,176,842 21,187 49,793 70,980 1,155,655 2016-2045 PERS Past Service Cost n/a n/a n/a 119,362 119,362 n/a 2039 Totals: _ $5,591,842 $501,187 $250,987 $119,362 $871,536_ $3,935,000 CITY OF SEWARD SMALL BOAT HARBOR ENTERPRISE FUND Budgeted Interfund Transfers Fiscal Year 2016 and 2017 2016 2017 Transfers- Transfers- Transfers- Transfers- In Out In Out CPV Fund for USACE Loan 70,980 70,980 General Fund: One-half of land rents and leases 167,812 167,812 Federal and state lobbying 17,920 17,920 Payments-in-Lieu-of-Tax 179,608 185,410 $70,980 $365,340 $70,980 $371,142