HomeMy WebLinkAboutRes1999-157
.
I
I
Sponsored by: Janke
CITY OF SEWARD, ALASKA
RESOLUTION 99-157
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, ADOPTING THE MOTOR POOL INTERNAL SERVICE FUND
BUDGET FOR CALENDAR YEAR 2000
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SEWARD, ALASKA, that:
Section 1. The Motor Pool Internal Service Fund budget for the Calendar Year beginning
January 1, 2UUU which is attached hereto and made a part hereofby reference and which contains
estimated revenues and expenses for Calendar Year 2000, is HEREBY ADOPTED.
Section 2. This resolution shall take effect January 1,2000.
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 22nd
day of November, 1999.
THE CITY OF SEWARD, ALASKA
'~t "'"" (~U~)
I
Edgar Blatchford, Mayor
AYES:
NOES:
ABSENT:
ABSTAIN:
Blatchford, Brossow, Calhoon, Clark, Orr, Shafer
None
King
None
ATTEST:
;;- ;. i(.7 (
Patrick Rei~b'~ Of SE:"" ~#.
City Cler,f 8:,,'o?'pOil::!... ,<>'#~
~ /:sJ . "'V'~~'" ~
. = :.:!S' ___ ~.. \
(City Set}): SEAL : ..
: * i ! · :
- . . -
... ----.-
~ "-..ah_ fIt..l i
~ d')j ;.~I\'E 1 ,\~~.....,.:,
~~ ~h.:.....l..: ....t:o~,
#,;, ~. OF p..v ~,.."
'."...0\\\
I
I
I
MOTOR POOL INTERNAL SERVICE FUND
Statement of Revenues, Expenses
and Changes in Retained Earnings
For Period Ending December 31, 2000
Operating revenues:
Vehicle Rentals
Total operating revenues:
Operating expenses:
General & Administrative
Total operating expenses:
Operating income before depreciation
Depreciation
Operating Income (Loss)
Non-operating revenues (expenses)
Interest income
Interest expense
Total non-operating revenues (expenses)
Income (loss) before operating transfers
Operating transfers (to) from other funds
Net income (loss)
Amortization of CIA
Increase (decrease) in Retained Earnings
Retained earnings at beginning of year
Record eqnity transfer from other fnnd as CIA
Budgeted Retained earnings at end of year
Undesignated
Total Retained Earniugs
* Unaudited
FY98
Actual
FY99
Actual.
--162,011 169,440
$162,011- ~169,440
162,011
_~Jl1l~
~~8,82~
15,307
_~ (24,305)
($8,998)
$39,827
o
$39,827
_~~43
$43,070
$86,762
129,832
_ $129,832
o
o
169,440
__120,108_
~9,332
16,665
Q2,801)
($3,136)
$46,196
o
$46,196
Six-month
Budget
7/1-12/31/99
FYOO
J!I1l1get
98~12 _ ~~1,1!l0
J98,912 ~01,180
o 0
o 0
98,912
__ 66,415_
..132,497
7,000
__(8,223)
($1,223)
$31,274
o
---
$31,274
.J 9,459 _ _ _.1,622
$65,655
$129,832
o
84,363
$32,896
$279,850
279,850 312,746
$279,850 _ ~31~746=
o
----
o
201,180
J)1,228
$69,95}
12,400
----.i1l,739)
($339)
$69,613
o
$69,613
16,873
$86,486
312,746
o
399,232
-.33~232
-.--.---
FY99-00
%~--
18.7%
18.7%
~--
0.0%
0.0%
18.7%
9.3%
41.8%
---
-25.6%
-35.7%
-89.2%
50.7%
0.0%
50.7%
-13.3%
31.7%
140.9%
o
0.0%
42.7%
~7%
CITY OF SEWARD
MOTOR POOL INTERNAL SERVICE FUND
Budgeted Statement of Cash Flow
For Six-Month Period Year Ending December 31, 1999
Six-month
Budget FYOO FY99-00
7/1-12/31/99 Budget %Chg
-
Cash is provided By (Used For):
Net Income/(Loss) $31,274 $69,613 122.6%
Residual equity transfers 0 0 0.0%
Add Expense Items Not Affecting Cash
Depreciation 66,415 131,228_ 97.6%
Net Cash Provided By (Used For) Operations $97,689 $200,841 105.6%
Other Uses of Cash
Debt Principal Payments ( 42,923)(a) (89,551)(b) 108.6%
Capital Outlay 0 0 0.0%
----..-
Net Increase (Decrease) in Cash $54,766 $111,290 103.2%
---~-
(a) $42,923 represents: Rescue & Pumper truck - $21,155; Motor Grader - $11,414; Sand Truck - $10,354
(b) $89,551 represents: Rescue & Pumper truck - $44,006; Motor Grader - $23,966; Sand Truck - $21,579