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Item 7 - Attachment D - Fund Analysis
Net Revenue Account Category 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 Capital Asset Expense($84,591)($168,494)($76,025)($176,959)($2,202,465)($1,236,506)($2,359,029)($607,500)($803,300)($450,000)($410,500)($421,315)($432,454) Capital Reserves ($2,522,683)$505,000 $1,455,000 ($345,000)($345,000)($345,000)($345,000)($345,000)($345,000) General Government($160,203)($183,978)($186,211)($190,488)($274,372)($282,603)($324,994)($341,243)($358,305)($376,221)($395,032)($414,783)($435,523) Operations($337,039)($414,989)($309,075)($568,828)($829,636)($1,087,691)($1,000,931)($1,037,643)($1,075,724)($1,115,226)($1,156,202)($1,198,707)($1,242,801) Revenue$1,868,814 $2,161,494 $2,394,658 $2,376,183 $2,479,066 $2,808,758 $2,958,695 $3,082,273 $3,356,049 $3,083,709 $3,128,271 $3,226,373 $3,328,155 Salaries and Benefits($550,117)($545,122)($695,766)($664,555)($681,107)($706,958)($728,741)($750,886)($773,719)($797,262)($821,537)($846,568)($872,377) Total $736,864 $848,912 $1,127,581 $775,353 ($4,031,196)$0 $0 $0 ($0)($0)$0 $0 ($0) Unreserved Fund Balance $0M $5M 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 $2.1M $3.0M $4.1M $4.8M $0.7M $0.7M $0.7M $0.6M $0.6M $0.6M $0.6M $0.6M $0.6M Whale Rock Fund Financial Position Days of Cash on Hand 0K 1K 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 884 1,134 1,487 1,427 174 134 140 133 125 118 111 104 98 Capital Reserve Contributions by Agency Member ($1M) $0M $1M $2M 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 $2,523K ($505K) ($1,455K) $345K $345K $345K $345K $345K $345K 31022-Whale Rock CIP Reserve Contri…31023-Whale Rock CIP Res…31024-Whale Rock CI… 2023-24 CIP Reserves Balance - City of San Luis Obispo $1,467,757 2023-24 CIP Reserves Balance - Cal Poly $755,241 2023-24 CIP Reserves Balance - California Men's Colony $299,684 CIP Reserve Balance Forecasted CIP Contributions Forecasted OpEx Contributions Forecasted Pumping Charges Concat Account 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 203 44002-Rental Fees $5,049 $1,122 44101-Interest on Investment $71,545 $818 $39,588 $78,159 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 44107-Investment FMV Adjustment ($146,953)($17,408) 44201-Other Rent & Leasse Revenue $4,862 $3,366 $4,488 44305-Damage to City Property $7,613 44310-Miscellaneous Revenue $743 $743 $1,091 $743 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 45307-Federal Stimulus Grant $260 46703-Utilities Base Charges ($3,034) 46706-Whale Rock Operating Charges $979,351 $1,015,607 $949,126 $1,126,924 $1,242,717 $1,310,027 $1,379,232 $1,427,601 $1,477,771 $1,529,811 $1,583,797 $1,639,806 $1 46707-Whale Rock CIP Contributions $576,621 $887,938 $1,401,424 $810,312 $693,949 $731,506 $904,029 $952,500 $1,148,300 $795,000 $755,500 $766,315 $ 46710-Fishing Program Revenues $2,095 $2,871 $1,933 $970Total$1,868,814 $2,161,494 $2,394,658 $2,376,183 $2,479,066 $2,808,758 $2,958,695 $3,082,273 $3,356,049 $3,083,709 $3,128,271 $3,226,373 $3, Account Category All Whale Rock Fund Revenue Details Account Subcategory All Concat Account All Item Description All Assigned Member Agency All Revenue Actuals & Forecast $0M $1M $2M $3M 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 $1.87M $2.16M $2.39M $2.38M $2.48M $2.81M $2.96M $3.08M $3.36M $3.08M $3.13M $3.23M $3.33M Actual Budgeted Forecasted Concat Account 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 31022-Whale Rock CIP Reserve Contribution - City $1,467,757 ($278,003)($800,978)$189,923 $189,923 $189,923 $189,923 31023-Whale Rock CIP Reserve Contribution - Cal Poly $755,241 ($170,236)($490,481)$116,300 $116,300 $116,300 $116,300 31024-Whale Rock CIP Reserve Contribution - CA Men's Colony $299,684 ($56,762)($163,542)$38,778 $38,778 $38,778 $38,778 51001-Salaries - Regular $343,044 $346,208 $370,480 $430,867 $445,743 $461,661 $475,511 $489,776 $504,469 $519,603 $535,191 51003-Salaries - Contract $6,310 $9,788 $10,180 $10,485 $10,485 $10,485 $10,485 $10,485 51004-Salaries - Temporary $157 51010-Overtime $7,734 $1,342 $1,661 $1,044 $4,000 $4,000 $4,120 $4,244 $4,371 $4,502 $4,637 51017-Standby $19,663 $19,167 $18,972 $18,539 $22,245 $22,245 $22,912 $23,600 $24,308 $25,037 $25,788 51018-Call Back $687 $871 $2,709 $3,000 $6,000 $6,180 $6,365 $6,556 $6,753 $6,956 52001-Retirement Contributions $33,020 $31,035 $31,662 $33,752 $40,051 $40,810 $42,035 $43,296 $44,594 $45,932 $47,310 52002-Retirement PARS -401 $143 $159 $173 $200 $204 $218 $225 $231 $238 $246 $253Total$1,131,950 $1,312,583 $1,267,077 $1,600,830 $6,510,263 $2,808,758 $2,958,695 $3,082,273 $3,356,049 $3,083,709 $3,128,271 Account Category All Whale Rock Fund Expenditure Details Account Subcategory All Concat Account All Item Description All Assigned Member Agency All Expenditure Actuals & Forecast $0M $2M $4M $6M 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 $1.13M $1.31M $1.27M $1.60M $6.51M $2.81M $2.96M $3.08M $3.36M $3.08M $3.13M $3.23M $3.33M Actual Budgeted Forecasted Charge Account 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 Total 705.0000.44002 ($561) ($5 705.1101.51001$9 $41 $81 $ 705.1101.51017$490 $434 $370 $1,2 705.1101.52001$39 $34 $31 $11 $ 705.1101.53002 $1 705.1101.55001$6 $6 $5 $2 $ 705.2001.75002$160,203 $183,978 $186,211 $530,3 705.2007.44002 ($4,488)($1,122) ($5,6 705.2007.44101($71,545)($818)($4,603)($75,127) ($152,0 705.2007.44107 $39,198 $17,408 $56,6 705.2007.44204($4,862) ($3,366)($4,488) ($12,7 705.6003.51001 $54 $ 705.6003.52001 $4 $3 705.6003.55001 $1 $0 705.6005.52001($0) ( 705.6201.31022 $1,467,757 ($278,003)($800,978)$189,923 $189,923 $189,923 $189,923 $189,923 $189,923 $1,528,3 705.6201.31023 $755,241 ($170,236)($490,481)$116,300 $116,300 $116,300 $116,300 $116,300 $116,300 $792,3 705.6201.31024 $299,684 ($56,762)($163,542)$38,778 $38,778 $38,778 $38,778 $38,778 $38,778 $312,0 705.6201.44101 ($34,985)($3,032)($1,000)($1,000)($1,000)($1,000)($1,000)($1,000)($1,000)($1,000)($1,000)($47,0 705.6201.44107 $107,755 $107,7 705.6201.44305($7,613) ($7,6 705.6201.44310($743)($743)($1,091)($743)($6,000)($6,000)($6,000)($6,000)($6,000)($6,000)($6,000)($6,000)($6,000)($57,3 705.6201.45307 ($260) ($2 705.6201.46703$3,034 $3,0 705.6201.46706($979,351)($1,015,607)($949,126)($1,126,924)($1,242,717)($1,310,027)($1,379,232)($1,427,601)($1,477,771)($1,529,811)($1,583,797)($1,639,806)($1,697,918)($17,359,6 Total ($736,864)($848,912)($1,127,581)($775,353)$4,031,196 $0 ($0)($0)$0 $0 $0 $0 $0 $542,4 General Ledger & Forecast Detail Concat Account All Item Description All Fiscal Year All Account Category All Account Subcategory All Item Description 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 203 ($15,997) 1000074-IT Replacements - Annual Asset Maintenance Account$2,624 $1,637 $3,035 $243 $21,546 $9,859 1000521-Fleet Replacement: Utilities $213,772 $47,500 $3,000 1000549-Whale Rock Pump Station Electrical Repairs (A and B) $500,000 $2,000,000 2000075-Major Facilities Maintenance $15,997 2000176-Whale Rock Intake Valve Replacement [1000176] $200,000 2000181-Fleet Services Vehicle Lift [1000181] $2,000 2000521-Fleet Replacement: Utilities [1000521] $110,000 2000602-Utilities IT Replacements [1000074] $1,445 2000603-Enterprise IT Replacements [1000074] $0 2000604-Network IT Replacements [1000074] $1,025 2000xxx-Shop Pavement Replacement $50,000 2001009-Whale Rock Major Maintenance [91335]$19,210 $125,511 $72,990 $89,897 $1,264,435 $684,960 $45,398 $20,000 $220,000 $20,000 $20,000 $20,000 $ 2001017-Whale Rock Pipe Assessment and Repairs [91617] $578,950 2001019-Whale Rock Auto Control Valves [91718] $26,768 200xxx-Emergency pipeline repair $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $30,000 $ 90490-Water Distribution Telemetry System Upgrade (90490)$8,432 91617-Whale Rock Pipe Assessment and Repairs (91617)$30,000 $289 $83,753 91617-Whale Rock Transmission Pipeline $60,000 $510,000 $550,300 91675-Whale Rock Boathouse Replacement (91675)$2,928 $7,575 91716-Whale Rock Boat Dock (91716)$2,093 91718-Whale Rock Auto Control Valves (91718)$19,304 $29,928 Audit adjustment to match ledger $3,843 ($289) Completed Projects Balance 2/28/2024 $17,842 Enterprise IT Replacements [1000074] $1,121 Total $84,591 $168,494 $76,025 $176,959 $2,202,465 $1,236,506 $2,359,029 $607,500 $803,300 $450,000 $410,500 $421,315 $4 Capital Projects Details Item Description All Notes All Fiscal Year All