Roadway and Fund Balance Analysis FY 2009 Budget Meeting August 21, 2008 Nils Ribi

Roadway Analysis

Arterial Roadways Elkhorn Road Dollar Road Saddle Road

Arterial Roadways

Elkhorn Road

Dollar Road

Saddle Road

Arterial Roadways Elkhorn Road Dollar Road Saddle Road Collector Roadways Fairway Road Morningstar Road Juniper Road

Arterial Roadways

Elkhorn Road

Dollar Road

Saddle Road

Collector Roadways

Fairway Road

Morningstar Road

Juniper Road

Arterial Roadways Elkhorn Road Dollar Road Saddle Road Collector Roadways Fairway Road Morningstar Road Juniper Road Residential Roadways Everything Else

Arterial Roadways

Elkhorn Road

Dollar Road

Saddle Road

Collector Roadways

Fairway Road

Morningstar Road

Juniper Road

Residential Roadways

Everything Else

Residential Roadways: Sage Prospector A Prospector B Silver Queen Meadowridge Arrowleaf A and B Defiance Skyline Skyline Spur Independence Cr. Road Thistle Blue Grouse Silverweed Baldy View Parker Gulch Road Saddle Lane Horseshoe Fairway Loop Fireweed Lupine Bitterroot Bigwells Snowbrush Bluebell Keystone Proctor Mountain Wedeln Hardrock Mayleaf Syringa Camas Loop Paintbrush Old Dollar Road Grey Eagle Sunrise Drive

Residential Roadways:

Sage

Prospector A

Prospector B

Silver Queen

Meadowridge

Arrowleaf A and B

Defiance

Skyline

Skyline Spur

Independence Cr. Road

Thistle

Blue Grouse

Silverweed

Baldy View

Parker Gulch Road

Saddle Lane

Horseshoe

Fairway Loop

Fireweed

Lupine

Bitterroot

Bigwells

Snowbrush

Bluebell

Keystone

Proctor Mountain

Wedeln

Hardrock

Mayleaf

Syringa

Camas Loop

Paintbrush

Old Dollar Road

Grey Eagle

Sunrise Drive

Residential Roadways: Sage Prospector A Prospector B Silver Queen Meadowridge Arrowleaf A and B Defiance Skyline Skyline Spur Independence Cr. Road Thistle Blue Grouse Silverweed Baldy View Parker Gulch Road Saddle Lane Horseshoe Fairway Loop Fireweed Lupine Bitterroot Bigwells Snowbrush Bluebell Keystone Proctor Mountain Wedeln Hardrock Mayleaf Syringa Camas Loop Paintbrush Old Dollar Road Grey Eagle Sunrise Drive

Residential Roadways:

Sage

Prospector A

Prospector B

Silver Queen

Meadowridge

Arrowleaf A and B

Defiance

Skyline

Skyline Spur

Independence Cr. Road

Thistle

Blue Grouse

Silverweed

Baldy View

Parker Gulch Road

Saddle Lane

Horseshoe

Fairway Loop

Fireweed

Lupine

Bitterroot

Bigwells

Snowbrush

Bluebell

Keystone

Proctor Mountain

Wedeln

Hardrock

Mayleaf

Syringa

Camas Loop

Paintbrush

Old Dollar Road

Grey Eagle

Sunrise Drive

August 19, 2008

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Budget Cost Estimate: $219,219 Total Properties on Meadowridge: 14 Cost Per Property to Repave: $ 15,650

Budget Cost Estimate: $219,219

Total Properties on Meadowridge: 14

Cost Per Property to Repave: $ 15,650

Fund Balance Analysis FY 2009

Determine financial resources available to meet contingencies: General Fund – Fund Balance 268,000.00 Land Acquisition – Fund Balance 372,000.00 Capital Improvement Fund – Fund Balance 1,000.00 Street Fund – Fund Balance 27,000.00 Workforce Housing – Fund Balance 115,000.00 783,000.00 Contingency Funds General Fund 285,000.00 Street Fund 43,000.00 Amount Resources Available for Contingencies, End - FY09 1,111,000.00

Determine financial resources available to meet contingencies:

General Fund – Fund Balance 268,000.00

Land Acquisition – Fund Balance 372,000.00

Capital Improvement Fund – Fund Balance 1,000.00

Street Fund – Fund Balance 27,000.00

Workforce Housing – Fund Balance 115,000.00

783,000.00

Contingency Funds

General Fund 285,000.00

Street Fund 43,000.00

Amount Resources Available for Contingencies, End - FY09 1,111,000.00

Determine annual operating expenditures: General Fund Expenditures 4,205,000.00 Less - Contingency Fund 286,000.00 3,919,000.00 Street Fund Expenditures 708,000.00 Less - Contingency Fund 43,000.00 665,000.00 Annual Operating Expenditures, FY09 4,584,000.00

Determine annual operating expenditures:

General Fund Expenditures 4,205,000.00

Less - Contingency Fund 286,000.00

3,919,000.00

Street Fund Expenditures 708,000.00

Less - Contingency Fund 43,000.00

665,000.00

Annual Operating Expenditures, FY09 4,584,000.00

Calculate Unreserved Fund Balance Ratio: Resources Available for Contingencies/Annual Operating Expenditures 1,111,000 / 4,584,000 = 24%

Calculate Unreserved Fund Balance Ratio:

Resources Available for Contingencies/Annual Operating Expenditures

1,111,000 / 4,584,000 = 24%

Calculate Unreserved Fund Balance Ratio: Resources Available for Contingencies/Annual Operating Expenditures 1,111,000 / 4,584,000 = 24% Add back 16 - Week Reserve (not previously included in analysis): 1,294,000 + 1,111,000 = 2,405,000 / 4,584,000 = 52% (6 months operating expenditures in reserves)

Calculate Unreserved Fund Balance Ratio:

Resources Available for Contingencies/Annual Operating Expenditures

1,111,000 / 4,584,000 = 24%

Add back 16 - Week Reserve (not previously included in analysis):

1,294,000 + 1,111,000 = 2,405,000 / 4,584,000 = 52%

(6 months operating expenditures in reserves)

Prudent Responsible Fiscally Sound Focused Adjustable

Prudent

Responsible

Fiscally Sound

Focused

Adjustable

“ Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.” John Adams, December 1770