SLIDE 4 5/31/2018 4
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RE COMME NDE D ADJUST ME NT S – ME ASURE Z
Me a sure Z F Y 2018/ 19 F Y 2019/ 20 2- Ye a r Impa c t Re ve nue
Sa le s T a x 2,467,430 2,492,104 4,959,534
Use of/ (Addition to) F und Re se rve s
1,196,391 (1,372,607) (176,216)
E xpe nditure s
F ire T ruc k Sta ffing 263,821 1,069,497 1,333,318 F ire E q uipme nt/ One -time Ope ra ting 250,000
Co nting e nc y - F ire Ra dio s 2,500,000
Re c re a tio n - Summe r Po o ls 50,000 50,000 100,000 Arling to n Yo uth Inno va tio n Ctr F F &E 600,000
Subtota l E xpe nditure s 3,663,821 1,119,497 4,783,318
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RE COMME NDE D ADJUST ME NT S – E L E CT RIC F UND
* An alte rnative o ptio n wo uld be to use E le c tric U tility re se rve s to fund c apital pro je c ts at le ve ls Pro po se d in the F Y 2018-2020 T wo -Ye ar Budge t. T his wo uld no t impac t Public U tilitie s’ ability to me e t the re quire me nts o f the e xisting fisc al po lic ie s o ve r the ne xt two ye ars; re duc tio ns to c apital pro je c ts may be ne e de d in F Y 2020-21 and be yo nd, de pe nding o n the financ ial impac ts o f the rate plan, de bt re financ ing, and ability to c o mple te pro je c ts.
E le c tric F und F Y 2018/ 19 F Y 2019/ 20 2- Ye a r Impa c t Re ve nue
Re ta il Re ve nue (4,709,000) (4,967,000) (9,676,000)
Use of/ (Addition to) F und Re se rve s
2,909,000 627,000 3,536,000
E xpe nditure s
Ca pita l Pro je c ts (1,800,000) (1,800,000) (3,600,000) De b t Se rvic e
(2,000,000) Ge ne ra l F und T ra nsfe r
(540,000)
Subtota l E xpe nditure s (1,800,000) (4,340,000) (6,140,000)
