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Metropolitan Wastewater Management Commission Budget and Pro,ram Summar~
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<br /> REGIONAL WASTEWATER PROGRAM FY 04-05 BUDGET
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<br />MWMC's RWP Operating Budget provides the Commission and governing bodies with an
<br />integrated view of the RWP elements. Exhibit 2 provides a summary of the overall Operating
<br />Budget. Separate Springfield and Eugene agency budgets and staffing also are presented within
<br />this budget document. Major program areas supported by Springfield and Eugene are described
<br />in the pages that follow and are summarized in Exhibit 4 on page 19. Finally, Exhibit 5 on page
<br />20 combines revenues, expenditures, and reserves to illustrate how funding for all aspects of the
<br />RWP is provided. It should also be noted that the "Amended Budget FY 03-04" column in all
<br />budget tablesrepresents the updated RWP budget as of January 22, 2004, which reconciled
<br />actual beginning balances at July 1, 2003, and approved budget transfers.
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<br /> EXIHBIT 2
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<br /> REGIONAL OPERATING BUDGET SUMMARY
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<br /> ADOPTED AMENDED PROPOSED
<br /> BUDGET BUDGET BUDGET CHANGE (1)
<br /> FY 03-04 FY 03-04 FY 04-05 INCR/(DECR)
<br /> FTE 76.54 76.54 84.41 7.87
<br /> Personnel Services (2) $5,753,226 $5,753,226 $6,456,723 $703,497 12%
<br /> Materials & Services (2) 4,372,591 4,612,573 4,946,284 573,693 13%
<br /> Capital Outlay (2,3) 24,000 181,213 213,700 189,700 790%
<br /> Equip Replacement Contr (4) 481,098 481,098 390,105 (90,993) -19%
<br /> Capital Reserve Contr (5) 750,000 750,000 3,000,000 2,250,000 300%
<br /> Working Capital Reserve (6) 700,000 700,000 700,000 0 0%
<br /> Rate Stability Reserve (7) 0 415,123 1,294,688 1,294,688 NA
<br /> Operating Reserve (8) 1,014,320 1,014,320 1,157,210 142,890 14%
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<br /> Budget Summary $13,095,235 $13,907,553 $18,158,710 $5,063,475 39%
<br /> Notes:
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<br /> 1. The change column and percent change column compare the proposed FY 04-05 budget with the originally
<br /> adopted FY 03-04 budget column, the change (increase/decrease) relative to the amended FY 03-04 budget
<br /> is significantly different for materials and services, and for Capital Outlay.
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<br /> 2. Personnel Services, Materials and Services, and Capital Outlay budget amounts represent combined
<br /> Springfield and Eugene Operating Budgets that support the RWP.
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<br /> 3. Capital Outlay does not include CIP, Equipment Replacement, Major Capital Outlay, or Major
<br /> Rehabilitation, which are capital programs.
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<br /> 4. The Equipment Replacement Contribution is a budgeted transfer of operating revenues to "sinking funds"
<br /> (reserves) for scheduled future replacement of major equipment, vehicles, and computers.
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<br /> 5. The Capital Reserve Contribution is a budgeted transfer of operating revenues to "sinking funds"
<br /> (reserves). Capital is passed through the Springfield Administrative Budget.
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<br /> 6. The Working Capital Reserve acts as a revolving account which is drawn down and replenished on a
<br /> monthly basis to fund Eugene's and Springfield's cash flow needs.
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<br />April, 2004 DRAFT Page 10 FY 04-05 BUDGET AND CIP
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