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Metropolitan Wastewater Management Commission Budget and Pro~ram Summar~ REGIONAL WASTEWATER PROGRAM FY 05-06 BUDGET MWMC's RWP Operating Budget provides the Commission and governing bodies with an integrated view of the RWP elements. Exhibit 2 provides a summary of the overall Operating Budget. Separate Springfield and Eugene agency budgets and staffing also are presented within this budget document. Major program areas supported by Springfield and Eugene are described in the pages that follow and are summarized in Exhibit 4 on page 21. Finally, Exhibit 5 on page 22 combines revenues, expenditures, and reserves to illustrate how funding for all aspects of the RWP is provided. It should also be noted that the "Amended Budget FY 04-05" colunm in all budget tables represents the updated RWP budget as of October 28, 2004, which reconciled actual beginning balances at July 1, 2004, and approved budget transfers. EXHIBIT 2 REGIONAL OPERATING BUDGET SUMMARY BUDGET ~ CHANGE (1) FY 04-05 1NCP,/(DECR) FTE 84.41 2.44 Personnel Services (2) $6,456,723 $879,030 14% Materials & Services (2) 5,205,471 286,131 6% Capital Outlay (2,3) 256,663 (117,300) -55% Equip Replacement Contr (4) 390,105 (44,049) -11% Capital Reserve Contr (5) 3,000,000 137,500 5% Working Capital Reserve (6) 700,000 0 0% Rate Stability Reserve (7) 1,289,168 (441,804) -34% Operating Reserve (8) 296,853 63,609 5% Revenue Bond Reserve (9) 0 3,150,000 NA Debt Service (10) 0 762,500 NA Budget Summary $17,594,983 $4,675,617 26% Notes: 1. The Change column and Percent Change column compare the proposed FY 05-06 budget with the originally Adopted FY 04-05 Budget column. 2. Personnel Services, Materials and Services, and Capital Outlay budget amounts represent combined Springfield and Eugene Operating Budgets that support the RWP. 3. Capital Outlay does not include CIP, Equipment Replacement, Major Capital Outlay, or Major Rehabilitation, which are capital programs. 4. The Equipment Replacement Contribution is a budgeted transfer of operating revenues to "sinking funds" (reserves) for scheduled future replacement of major equipment, vehicles, and computers. The Capital Reserve Contribution is a budgeted transfer of operating revenues to "sinking funds" (reserves). Capital is passed through the Springfield Administration Budget. Review Draft April 21, 2005 Page 11 FY 05-06 BUDGET AND CIP