HomeMy WebLinkAboutRes2019-100 Sponsored by: Meszaros
Public Hearing#1: November 25,2019
Public Hearing#2: December 9, 2019
CITY OF SEWARD,ALASKA
RESOLUTION 2019-100
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, ADOPTING THE HARBOR ENTERPRISE FUND BIENNIAL
OPERATING BUDGET FOR CALENDAR YEARS 2020 AND 2021
WHEREAS, the City Manager has submitted to the City Council a proposed biennial
budget for the City of Seward for Calendar Years 2020 and 2021; and
WHEREAS, the preliminary biennial budget was reviewed by the City Council in budget
work sessions on October 15, October 16, October 25 & November 8, 2019, which were
televised to the public; and
WHEREAS, a public hearing is scheduled on the proposed budget for November 25,
2019,and a second public hearing and final adoption is scheduled for December 9,2019; and
WHEREAS, the 2020 budget includes a rate increase of 1.2% to all rates which are
adjusted according to the five-year average CPI within the Harbor Tariff, and a rate increase of
1.2% for 2021 for those same rates, representing the five-year average CPI.
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 2020 and
2021, which is attached hereto and made a part hereof by reference and which contains estimated
revenues and expenses for the period January 1, 2020 - December 31, 2021, is hereby adopted,
and the necessary funds are hereby appropriated.
Section 2. This resolution shall take effect immediately upon adoption.
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 9'
day of December.
T T OF EWARD
ty Terry, ayor
CITY OF SEWARD, ALASKA
RESOLUTION 2019-100
AYES: Seese, Butts, McClure, Osenga, Terry
NOES: Baclaan, Lane
ABSENT: None
ABSTAIN: None
ATTEST:
renda J. Bal o M
City Clerk
(City Seal) o<eafiras
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BOAT HARBOR ENTERPRISE FUND
Budgeted Statement of Revenues and Expenses
and Change in Net Position
For Fiscal Year 2020 and 202I
20I8 20I9 2020 202I
Actual Budget Budget Budget
Operating revenue:
Moorage I,765,856 I,730,000 I,750,000 I,746,000
Wharfage 77,252 48,000 48,000 48,500
Boat Lift Fees I00jS8 117,000 117,000 117,000
Power Sales 380,504 373,000 377,000 377,000
Passenger Transit Fee 564,I07 625,000 570,000 570,000
Launch Fees 40,963 54,250 54,250 50,500
Rents and Leases 395,097 364,7I5 335,744 335,743
Miscellaneous 7I,259 48,200 55,700 48,500
Total operating revenue $3,395,I96 $3,360,I65 $3,307,694 $3,293,243
Operating expense before depreciation:
Salaries&Benefits I,070,689 I,I7I,064 I,334,998 I,347,922
Purchased Services 354,583 406,680 434,082 420,374
Power for Resale 262,389 307,000 3I0,000 307,000
Supplies and Maintenance 90,0I2 I45,500 I46,500 I52,350
General and Administrative 250,I I5 276,076 26I,064 282,232
Total operating expense: $2,027,788 $2,306,320 $2,486,644 $2,509,878
Operating income before depreciation I,367,408 I,053,845 82I,050 783,365
Depreciation I,790,078 I,4I8,309 2,376,678 2,368,893
Operating loss -$422,670 -$364,464 -$I,555,628 -$I,585,528
Non-operating revenue(expense)
Interest,grants&other income 56,349 3I,200 3I,000 37,200
Interest& other expense -I9812I4 -208,093 458,468 434,I I6
Total non-operating revenue(expense) -I4I,865 -176,893 -I27,468 -96,9I6
Income(loss)before transfers -$564,535 -$54I,357 -$I,683,096 -$I,682,444
Transfers in 0 0 0 0
Capital contributions and special items 32,I6I 0 0 0
Transfers out -676,302 -389,370 -378,028 -376,792
Change in net position -$I,208,676 -$930,727 -$2,06I,I24 -$2,059,236
Beginning net position 37,527,27I 36,3I8,595 35,387,868 33,326,744
Ending net position $36,3I8,595 # $35,387,868 $33,3269744 $3I,267,508
* Ties to annual Comprehensive Annual Financial Report
Of total depreciation expense,the following amounts were attributable to capital assets funded with capital contributions:
(a) $I.I Million or 64%;(b) $974,557 or 69%,(c) $967554 or 4I%,( d) $974,557 or 42%
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City of Seward
Harbor Enterprise Fund
2020/2021 Biennial Operating Budget
Revenue Detail by Line Item
10/31/2019
2016 2017 2018 2019 2019 2020 2019-20 2021
Actual Actual Actual Actual YTD Budget Budget %Chg Budget
tevenues
1000 5000 Land Rents&Leases 388,020 397,253 395,097 391,088 394,715 398,990 1.08 398,990
1000 5001 Land Lease Credits l62,000) (28,816) 0 0 (30,000) (63,246) 110.82 (63,247i
1000 5100 Transient Moorage 566,895 596,005 624,516 485,628 580,000 587,000 1.21 586,000
10005101 Moorage 1,061,157 1,106,922 1,141,340 616,357 1,150,000 1,163,000 1.13 1,160,000
1000 5102 Wharfage 28,216 34,176 77,252 1,087 48,000 48,000 0.00 48,500
1000 5103 Boat Lift Fees 92,660 93,983 100,158 77,484 117,000 117,000 0.00 117,000
1000 5105 Harbor Power Sales 361,865 432,786 380,504 309,841 373,000 377,000 1.07 377,000
1000 5150 Shower Fees 15,833 17,318 14,909 14,321 12,000 12,000 0.00 12,000
1000 5153 Fuel Pumping Fee 23,115 39,826 37,714 13,721 21,000 28,000 33.33 21,000
1000 5154 Waiting List Fees 9,009 7,685 8,285 8,694 7,500 7,500 0.00 7,500
1000 5155 Towing Fees 893 1,654 1,365 683 900 900 0.00 900
1000 5156 Pumping Boats 126 315 189 126 300 300 0.00 300
1000 5157 North Harbor Launch Fee 28,130 32,521 30,893 4,608 33,750 33,750 0.00 30,000
1000 5158 South Harbor Launch Fee 18,428 19,182 10,070 1,776 20,500 20,500 0.00 20,500
1000 5800 Labor&Services 3,831 4,911 8,258 3,497 5,500 5,500 0.00 5,300
1000-5890 Collection of Doubtful Accounts 5,597 419 400 910 1,200 1,000 (16.67) 1,200
1000 5899 Miscellaneous Revenue 25,177 868 539 1,454 1,000 1,500 50.00 1,500
1000 5900 EF Interest Revenue 0 0 0 0 0 0 0.00 0
1000 5901 EF Investment Interest 3,634 25,895 51,697 75,031 20,000 20,000 0.00 20,000
1000 5905 EF Penalties and Interest 11,713 15,865 16,448 12,647 10,000 10,000 0.00 16,000
1000 5910 Gain on Sale of Fixed Assets 0 11,642 0 0 0 0 0.00 0
1000 5919 Contra PIERS On-behalf paid by SOA (1,605) 3,335 0 0 0 0 0.00 0
1000 5920 PERS On-behalf paid by SOA 25,884 19,488 (12,196) 0 0 0 0.00 0
1000 5940 Amortization of Contributions-in-Aid 1,064,165 1,148,929 1,136,677 812,132 974,557 967,554 (0.72) 974,557
1000 5941 Amortization of Bond Premiums 43,172 58,257 58,257 0 43,172 58,257 34.94 58,257
otal Revenues $ 3,713,915 $4,040,419 $4,082,372 $2,831,085 $ 3,784,094 $ 3,794,505 $ 0.28 $ 3,793,257
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City of Seward
Harbor Enterprise Fund
2020/2021 Biennial Operating Budget
Expenditure Line Item by Fund
2016 2017 2018 2019 2019 2020 2019-20 2021
Actual Actual Actual Thru 9130 Budget Budget %Chg Budget
Personnel Costs:
6000 Salaries 486,212 501,845 498,091 398,758 541,318 609,527 12.60 559,134
6001Overtime 21,628 33,027 28,176 16,799 40,893 50,116 22.55 40,103
6002 Standby Time 13,909 13,016 13,182 11,996 11,686 12,185 4.27 12,416
6100 Medicare 9,207 10,055 9,449 7,409 9,993 11,696 17.04 10,801
6101 Unemployment Insurance 16,163 33 1,532 4,126 500 5,000 900.00 4,000
6102 Workers'Compensation 45,634 47,497 36,955 28,130 37,600 40,554 7.86 40,617
6200 Leave Time 57,222 39,976 58,257 53,359 60,934 67,122 10.16 63,551
6201 Retirement Benefits 387,687 71,971 153,005 97,586 144,543 162,629 12.51 149,198
6202 Health Insurance 259,991 293,121 280,688 253,601 323,597 346,491 7.07 340,103
6209 PERS DC Forfeitures 0 0 (8,646; (4,293) 0 0 0.00 0
Total Personnel Costs: $ 1,297,653 $ 1,010,541 $ 1,070,689 $ 867,471 $ 1,171,064 $ 1,305,320 $ 11.46 $ 1,219,923
Non-Personnel Costs:
7001 Communications 10,892 14,843 12,748 11,917 11,500 13,020 13.22 13,260
7002 Postage and Freight 4,831 3,667 4,985 3,132 8,500 9,600 12.94 9,690
7003 Bank and Credit Card Fees 51,679 58,57-6 62,834 56,883 68,460 66,000 (3,59) 69,480
7004Insurance 86,376 86,042 93,052 100,860 82,700 83,756 1.28 83,946
7006 Legal 581 581 2,327 3,387 10,000 10,000 0.00 10,200
7008 CY Legal Recovery 0 0 r882t 0 0 0 0.00 0
7009 Contracted Services 51,185 59,669 55,902 49,632 96,400 115,246 19.55 96,206
7011 Testing 1,439 1,808 719 823 1,300 1,320 1.54 1,320
7015 Utilities 122,595 117,184 113,959 80,923 117,820 124,940 6.04 126,072
7016 Heating Fuel 6,707 5,269 8,939 5,512 10,000 10,200 2.00 10,200
7100 General Power for Resale 260,390 326,720 262,389 198,777 307,000 310,000 0.98 307,000
7210 Vehicle Supplies 0 0 0 119 0 0 0.00 0
7211 Gas&Lube 11,005 13,164 14,778 10,761 22,500 15,500 (31.11) 18,870
7212 Uniform Allowance 0 55 1,075 1,038 0 1,000 0.00 1,000
7213 Safety Equipment 8,578 6,625 6,312 7,209 7,500 6,500 (13.33) 7,650
7214 Janitorial Supplies 7,876 11,199 8,867 8,833 10,000 14,000 40.00 11,220
7215 Operating Supplies 25,109 19,292 14,970 17,602 36,000 33,000 (8.33) 36,720
7216 Maintenance&Repair 39,152 39,813 37,690 29,630 52,000 53,500 2,88 53,040
7217 Small Tools&Equipment 11,072 11,443 6,321 15,762 17,500 23,000 31.43 23,850
7300 Advertising 2,137 6,838 2,891 1,581 5,500 5,000 (9.09) 5,100
7301 Subscriptions&Dues 1,413 507 1,229 659 1,500 1,800 20.00 1,530
7302 Travel&Subsistence 9,204 13,778 9,138 11,694 10,000 11,500 15.00 10,200
7303 Education&Training 2,939 2,409 688 1,204 4,000 2,500 (37.50) 4,080
7304 Equipment Rent 1,780 1,780 1,330 0 2,000 2,000 0.00 2,040
7321 Harbor General Indirect Costs 424,384 479,381 468,251 368,614 442,336 508,136 14.88 517,800
7322 Harbor Admin Indirect Costs 269,238 391,918 460,338 426,798 465,598 618,179 32.77 496,381
7324 Gen Fund Indirect Costs 340,606 348,780 359,680 304,529 365,435 369,821 1.20 374,258
7325 Harbor Internal Cost Allocation (805,942) (938,962) (1,058,334) (906,549) (1,034,793) (1,268,372) 22,57 (1,142,727)
7330 P.I.L.T. 176,827 191,085 194,879 112,288 189,092 192,156 1.62 191,000
7331 Reclass PILT to Transfer-Out (176,827) (191,085) (194,879) (112,288) (189,092) (192,156) 1.62 (191,000)
7808 Bad Debt Expense 10,378 5,750 3,889 0 12,000 7,000 (41.67) 10,000
7810 Miscellaneous Expense 1,936 618 1,015 532 2,500 3,500 40.00 3,570
7900 Depreciation Expense 1,853,141 1,805,600 1,790,077 1,183,662 1,418,309 2,376,678 67.57 2,368,893
8011 Bonding Expense 50,593 0 0 0 0 0 0.00 0
8012 Debt Service Interest Expense 225,623 189,967 174,647 109,678 208,093 134,900 (35,17) 110,550
8013 Amortize Deferred Loss on 0 23,567 23,567 0 0 23,568 0.00 23,566
Bonds
8103 Capital Equipment 0 0 3,444 3,785 0 0 0.00 0
8104 Motor Pool Rent 0 0 64,000 53,333 64,000 64,000 0.00 64,000
8300 Debt Service Principal 497,698 480,000 490,000 300,000 531,187 530,000 (0.22) 560,000
Total Non-Personnel Costs: $ 3,584,595 $3,587,881 $ 3,502,835 $ 2,462,320 $3,356,845 $4,280,792 $ 27.52 $ 4,288,965
Total Expenditures $ 4,882,248 $4,598,422 $ 4,573,524 $3,329,791 $4,527,909 $5,586,112 $ 23.37 $5,508,888
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CITY OF SEWARD
BOAT HARBOR ENTERPRISE FUND
Budgeted Interfund Transfers
Fiscal Year 2020 and 2021
2020 2021
Transfers- Transfers- Transfers- Transfers-
In Out In Out
CPV Fund for USACE Loan 0 0
General Fund:
One-half of land rents and leases 167,872 167,872
Federal and state lobbying 17,920 17,920
Payments-in-Lieu-of-Tax 192,236 191,000
$0 $378,028 $0 $376,792
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