Sun Valley FY2009 Budget - Council Presentation - Nils Ribi 8-21-08

  • 848 views
Uploaded on

Council President Nils Ribi's presentation to the Sun Valley City Council and Mayor on 8-25-08 on the status of road infrastructure and an analysis of fund balances for the Fiscal Year 2009 City …

Council President Nils Ribi's presentation to the Sun Valley City Council and Mayor on 8-25-08 on the status of road infrastructure and an analysis of fund balances for the Fiscal Year 2009 City Budget.

  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
No Downloads

Views

Total Views
848
On Slideshare
0
From Embeds
0
Number of Embeds
2

Actions

Shares
Downloads
1
Comments
0
Likes
1

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Roadway and Fund Balance Analysis FY 2009 Budget Meeting August 21, 2008 Nils Ribi
  • 2. Roadway Analysis
  • 3.
    • Arterial Roadways
      • Elkhorn Road
      • Dollar Road
      • Saddle Road
  • 4.
    • Arterial Roadways
      • Elkhorn Road
      • Dollar Road
      • Saddle Road
    • Collector Roadways
      • Fairway Road
      • Morningstar Road
      • Juniper Road
  • 5.
    • Arterial Roadways
      • Elkhorn Road
      • Dollar Road
      • Saddle Road
    • Collector Roadways
      • Fairway Road
      • Morningstar Road
      • Juniper Road
    • Residential Roadways
      • Everything Else
  • 6.
    • 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
  • 7.
    • 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
  • 8.  
  • 9.
    • August 19, 2008
  • 10.
    • August 19, 2008
  • 11.
    • August 19, 2008
  • 12.
    • August 19, 2008
  • 13.
    • August 19, 2008
  • 14.
    • August 19, 2008
  • 15.
    • August 19, 2008
  • 16.
    • August 19, 2008
  • 17.  
  • 18.
    • Budget Cost Estimate: $219,219
    • Total Properties on Meadowridge: 14
    • Cost Per Property to Repave: $ 15,650
  • 19.  
  • 20.  
  • 21. Fund Balance Analysis FY 2009
  • 22.  
  • 23.  
  • 24.  
  • 25.  
  • 26.
    • 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
  • 27.
    • 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
  • 28.
    • Calculate Unreserved Fund Balance Ratio:
    • Resources Available for Contingencies/Annual Operating Expenditures
    • 1,111,000 / 4,584,000 = 24%
  • 29.  
  • 30.  
  • 31.
    • 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)
  • 32.
    • Prudent
    • Responsible
    • Fiscally Sound
    • Focused
    • Adjustable
  • 33.  
  • 34. “ 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