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Item 2C: Ratification of MWMC Budget
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Item 2C: Ratification of MWMC Budget
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5/18/2006 8:48:28 AM
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Agenda Item Summary
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5/22/2006
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<br />Metropolitan Wastewater Management Commission <br /> <br />Springfield Budget Detail <br /> <br />ACCOUNTING & FINANCIAL REPORTING <br />Accounting and financial reporting services for the RWP are provided by the Accounting section in <br />the Springfield Finance Department, in coordination with ESD. Springfield Accounting staff <br />maintain grant and contract accounting systems, as well as compliance with all local, State and <br />Federal accounting and reporting requirements for MWMC finances. This section also assists <br />ESD with preparation of the MWMC budget, capital financing documents, sewer user rates, and <br />fmandal policies and procedures. <br /> <br />EXHIBIT 11 <br /> <br />SPRINGFIELD ADMINISTRATION PROGRAM <br />PROPOSED FY 06-07 <br />BUDGET SUMMARY <br /> <br /> AMENDED <br /> ACTUAL BUDGET CHANGE * <br /> FY 04-05 FY 05-06 INCR/(DECR) <br />Personnel Services $710,851 $1,378,556 $430,939 37% <br />Materials & Services 1,413,891 2,100,837 13,421 1% <br />Capital Outlay 26,980 22,000 0 NA <br />Budget Summary $2,151,722 $3,501,393 $444,360 15% <br /> <br /> <br /> <br /> <br />5-YEAR MWMC ADOPTED BUDGET COMPARISON <br />SPRINGFIELD ADMINISTRATION <br /> <br />$4,000,000 <br /> <br />$500,000 <br /> <br /> <br />$1,638,457 <br /> <br />$3,500,000 <br /> <br />$3,000,000 <br /> <br />$2,500,000 <br /> <br />$2,000,000 <br /> <br />$1,500,000 <br /> <br />$1,000,000 <br /> <br />$0 <br /> <br />FY 02-03 <br /> <br />FY 03-04 <br /> <br />FY 04-05 <br /> <br />FY 05-06 <br /> <br />FY 06-07 <br /> <br />Note: * Change column and Percent Change column compare proposed FY 06-07 budget to originally adopted FY <br />05-06 budget. <br /> <br />Page 43 PROPOSED FY 06-07 BUDGET AND eIP <br />
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