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Budget Summary for City of Fernley Schedule S-1 GOVERNMENTAL FUND TYPES AND EXPENDABLE TRUST FUNDS ESTIMATED PROPRIETARY TOTAL ACTUAL PRIOR CURRENT BUDGET FUNDS (MEMO ONLY) YEAR 06/30/06 YEAR 06/30/07 YEAR 06/30/08 BUDGET COLUMNS 3+4 REVENUES YEAR 06/30/08 Property Taxes 590,127 934,000 1,130,000 1,130,000 Other Taxes 1,197,822 176,000 550,000 550,000 Licenses and Permits 2,271,703 2,024,500 2,382,400 2,382,400 Intergovernmental Resources 1,231,732 2,408,693 1,518,600 1,518,600 Charges for Services 0 0 21,600 4,453,500 4,475,100 Fines and FForfeitures 228,424 176,500 189,000 189,000 Miscellaneous 794,352 560,478 444,800 25,192,000 25,636,800 TOTAL REVENUES 6,314,160 6,280,171 6,236,400 29,645,500 35,881,900 EXPENDITURES-EXPENSES General Government 717,355 990,050 1,021,800 1,021,800 Judicial 169,164 206,550 263,100 263,100 Public Safety 0 Public Works 2,293,389 2,140,895 1,799,479 5,547,660 7,347,139 Sanitation 0 Health 275,985 400,150 391,910 391,910 Welfare 0 Culture and Recreation 1,713,394 843,020 1,451,400 1,451,400 Community Support 0 Intergovernmental Expenditures 0 Contingencies 50,000 50,000 Utility Enterprises 0 Hospitals 0 0 0 0 Transit Systems 0 0 0 0 Airports 0 0 0 0 Community Development/Support 1,354,418 6,558,300 2,515,680 2,515,680 Debt Service - Principal 0 158,000 165,000 165,000 Interest Cost 94,789 220,400 213,702 2,150,000 2,363,702 TOTAL EXPENDITURES-EXPENSES 6,618,494 11,517,365 7,872,071 7,697,660 15,569,731 Excess of Revenues over (under) Expenditures-Expenses (304,334) (5,237,194) (1,635,671) 21,947,840 20,312,169 Page 4 Form 2 ---PAGE BREAK--- Budget Summary for ___City of Fernley Schedule S-1 GOVERNMENTAL FUND TYPES AND EXPENDABLE TRUST FUNDS ESTIMATED PROPRIETARY TOTAL ACTUAL PRIOR CURRENT BUDGET FUNDS (MEMO ONLY) YEAR 06/30/06 YEAR 06/30/07 YEAR 06/30/08 BUDGET COLUMNS 3+4 YEAR 06/30/08 OTHER FINANCING SOURCES (USES): 0 Proceeds of Long-term Debt 5,000,000 0 Sales of General Fixed Assets 0 0 Operating Transfers (in) 1,050,000 740,000 25,000 25,000 Operating Transfers (out) (1,050,000) (740,000) (25,000) (25,000) TOTAL OTHER FINANCING SOURCES (USES) 5,000,000 0 0 0 0 Excess of Revenues and Other Sources over (under) Expenditures and Other Uses (Net Income) 4,695,666 (5,237,194) (1,635,671) 21,947,840 FUND BALANCE JULY 1, BEGINNING OF YEAR: Reserved Unreserved 5,680,123 10,375,790 5,138,596 TOTAL BEGINNING FUND BALANCE 5,680,123 10,375,790 5,138,596 Prior Period Adjustments Residual Equity Transfers FUND BALANCE JUNE 30, END OF YEAR Reserved Unreserved 10,375,790 5,138,596 3,502,925 TOTAL ENDING FUND BALANCE 10,375,790 5,138,596 3,502,925 Page 5 Form 3 ---PAGE BREAK--- FULL TIME EQUIVALENT EMPLOYEES BY FUNCTION ACTUAL ESTIMATED PRIOR YEAR CURRENT YEAR BUDGET YEAR ENDING 06/30/06 ENDING 06/30/07 ENDING 06/30/08 General Government 12.08 12.08 12.78 Judicial 1.99 1.99 3.00 Public Safety 0.00 0.00 Public Works 2.04 2.50 3.40 Sanitation 0.00 0.00 Health 3.89 3.89 3.66 Welfare 0.00 0.00 Culture and Recreation 7.51 7.50 10.31 Community Development 15.50 14.00 14.00 TOTAL GENERAL GOVERNMENT 43.01 41.96 47.15 Utilities 17.68 23.42 26.40 Hospitals 0.00 0.00 0.00 Transit Systems 0.00 0.00 0.00 Airports 0.00 0.00 0.00 Other 0.00 0.00 0.00 TOTAL 60.69 65.38 73.55 POPULATION (AS OF JULY 1) 13,775 16,357 18,850 Source of Population Estimate* State Demographer State Demographer State Demographer Assessed Valuation (Secured and Unsecured Only) 377,743,200 511,154,623 679,959,918 Net Proceeds of Mines 0 0 0 TOTAL ASSESSED VALUE 377,743,200 511,154,623 679,959,918 TAX RATE General Fund 0.1528 0.3481 0.3505 Special Revenue Funds Capital Projects Funds Debt Service Funds Enterprise Fund Other TOTAL TAX RATE 0.1528 0.3481 0.3505 * Use the population certified by the state in March. Small districts may use a number developed per the instructions (page 6) or the best information available. City of Fernley (Local Government) SCHEDULE S-2 - STATISTICAL DATA Page 6 Form 4 ---PAGE BREAK--- PROPERTY TAX RATE AND REVENUE RECONCILIATION Fiscal Year 2007-08 TOTAL AD VALOREM AD VALOREM ALLOWED ALLOWED AD VALOREM TAX RATE REVENUE WITH TAX BUDGETED AD VALOREM TAX RATE ASSESSED VALUATION REVENUE X (2)/100] LEVIED NO CAP [(2)X(4)/100] ABATEMENT REVENUE WITH CAP OPERATING RATE: A. PROPERTY TAX Subject to Revenue Limitations 0.3356 679,959,918 $2,281,945.48 0.3356 2,281,945.48 $ 1,156,945.48 1,125,000 B. PROPERTY TAX Outside Revenue Limitations: Net Proceeds of Mines VOTER APPROVED: C. Voter Approved Overrides LEGISLATIVE OVERRIDES D. Accident Indigent (NRS 428.185) E. Medical Indigent (NRS 428.285) F. Capital Acquisition (NRS 354.59815) G. Youth Services Levy (NRS 62.327) H. Legislative Overrides I. Loss NRS 354.59813 0.0149 679,959,918 $101,314.03 0.0149 101,314.03 $ 96,314.03 5,000 J. Other: K. Other: L. SUBTOTAL LEGISLATIVE 0.0149 679,959,918 101,314 0.0149 101,314.03 $ 96,314.03 5,000 OVERRIDES M. SUBTOTAL A, C, L 0.3505 679,959,918 2,383,260 0.3505 2,383,259.51 $ 1,253,259.51 1,130,000 N. Debt O. TOTAL M AND N 0.3505 679,959,918 2,383,260 0.3505 2,383,259.51 $ 1,253,259.51 1,130,000 City of Fernley (Local Government) SCHEDULE S-3 - PROPERTY TAX RATE AND REVENUE RECONCILIATION If an entity chooses to budget for an amount in column 5 which is lower or higher than the amount produced by the formula, please attach an explanation. (Per Revenue Projection Spreadsheet rounded up (includes collection of delinquent taxes) Tax Revenue Estimate after interpolation of AB489 Information Page 7 Form 27R ---PAGE BREAK--- SCHEDULE A - ESTIMATED REVENUES & OTHER RESOURCES - GOVERNMENTAL FUND TYPES, EXPENDABLE TRUST FUNDS & TAX SUPPORTED PROPRIETARY FUND TYPES Budget for Fiscal Year Ending June 30,2008 Budget Summary for City of Fernley (Local Government) OTHER FINANCING GOVERNMENTAL FUNDS AND PROPERTY SOURCES EXPENDABLE TRUST FUNDS BEGINNING TAX OTHER THAN FUND CONSOLIDATED REQUIRED TAX OTHER TRANSFERS OPERATING BALANCES TAX REVENUE RATE REVENUE IN TRANSFERS IN TOTAL General 575,149 212,336 1,130,000 0.3505 2,719,400 4,636,885 Administrative Assessment Fees 4,125 0 0 0 16,100 20,225 Court Facility Fees 3,518 0 0 0 23,500 27,018 Grants 537,962 0 0 0 15,000 0 552,962 RCT District #1 754 0 0 0 201,000 201,754 RCT District #2 670,208 0 0 0 370,000 25,000 1,065,208 Streets and Storm Drains 678,619 0 0 0 1,277,264 1,955,883 Private Sector Community Support 782 0 782 Green Valley Landscape Maint Dist 9,700 9,700 Autumn Winds Landscape Maint Dist 12,100 12,100 Silverland Landscape Maint Dist 0 Friendly Five Landscape Maint Dist 0 B C Ranch Landscape Maint Dist 0 Sario Ranch Landscape Maint Dist 0 Jackson Ranch Landscape Maint Dist 0 Capital 2,667,479 0 0 0 250,000 250,000 3,167,479 0 0 0 0 DEBT SERVICE 0 Subtotal Governmental Fund Types, Expendable Trust Funds 5,138,596 212,336 1,130,000 0.3505 4,894,064 25,000 250,000 11,649,996 PROPRIETARY FUNDS Subtotal Proprietary Funds TOTAL ALL FUNDS 212,336 1,130,000 0.3505 Page 8 Form 5 ---PAGE BREAK--- SCHEDULE A-1 ESTIMATED EXPENDITURES AND OTHER FINANCING USES Budget for Fiscal Year Ending June 30,2008 Budget Summary for City of Fernley (Local Government) SERVICES, CONTINGENCIES SUPPLIES AND USES GOVERNMENTAL FUNDS AND AND OTHER THAN EXPENDABLE TRUST FUNDS SALARIES OTHER CAPITAL OPERATING OPERATING AND EMPLOYEE CHARGES OUTLAY TRANSFERS TRANSFERS ENDING FUND FUND NAME WAGES BENEFITS OUT OUT BALANCES TOTAL * General - 1,668,000 846,500 1,377,592 0 50,000 694,793 4,636,885 Administrative Assessment Fees R 0 0 20,000 0 0 225 20,225 Court Facility Fees R 0 0 0 0 0 27,018 27,018 Grants R 0 0 0 0 0 0 552,962 552,962 RCT District #1 R 0 0 0 0 25,000 176,754 201,754 RCT District #2 R 0 0 0 700,000 0 0 365,208 1,065,208 Streets and Storm Drains R 149,900 77,800 365,500 1,206,279 0 0 156,404 1,955,883 Private Sector Community Support R 782 782 Green Valley Landscape Maint Dist R 4,100 500 3,000 2,100 9,700 Autumn Winds Landscape Maint Dist R 7,100 800 4,000 200 12,100 Silverland Landscape Maint Dist R 0 Friendly Five Landscape Maint Dist R 0 B C Ranch Landscape Maint Dist R 0 Sario Ranch Landscape Maint Dist R 0 Jackson Ranch Landscape Maint Dist R 0 Capital C 0 0 0 1,391,000 0 0 1,526,479 2,917,479 0 0 0 0 0 0 0 TOTAL GOVERNMENTAL FUND TYPES AND EXPENDABLE TRUST FUNDS 1,829,100 925,600 1,770,092 3,297,279 50,000 25,000 3,502,925 11,399,996 * FUND TYPES: R - Special Revenue C - Capital Projects D - Debt Service T - Expendable Trust Include Debt Service Requirements in this column Page 9 Form 6 Capital Outlay must agree with CIP except in General Fund. ---PAGE BREAK--- SCHEDULE A-2 PROPRIETARY AND NONEXPENDABLE TRUST FUNDS Budget for Fiscal Year Ending June 30,2008 Budget Summary for City of Fernley (Local Government) OPERATING OPERATING NONOPERATING NONOPERATING OPERATING TRANSFERS REVENUES EXPENSES REVENUES EXPENSES NET INCOME FUND NAME * IN OUT(6) Water Utility Fund E 2,798,000 3,107,360 18,059,000 1,900,000 0 15,849,640 Sewer Utility Fund E 1,655,500 1,837,800 6,983,000 250,000 0 0 6,550,700 Alternate Water Utility Fund E 0 602,500 150,000 0 (452,500) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TOTAL 4,453,500 5,547,660 25,192,000 2,150,000 0 0 21,947,840 * FUND TYPES: E - Enterprise I - Internal Service N - Nonexpendable Trust Including Depreciation Page 10 Form 7 ---PAGE BREAK--- BUDGET YEAR ENDING 6/30/08 ESTIMATED ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2006 6/30/2007 APPROVED APPROVED TAXES: Ad Valorem 590,127 934,000 1,130,000 SUBTOTAL TAXES 590,127 934,000 1,130,000 0 LICENSES AND PERMITS: Business License Fees 111,075 140,000 154,000 Bus License/Franchise Fees 863,449 850,000 935,000 Liquor License Fees 24,831 32,000 35,200 Gaming License Fees 97,121 92,000 101,200 Animal License Fees 2,348 3,000 3,000 Passport Fees 9,300 11,500 13,000 Building Permits and Fees 1,042,513 815,000 1,010,000 Fire Life Safety Contract Planning and Zoning Fees 80,995 65,000 100,000 Public Works Fees SUBTOTAL LICENSES AND PERMITS 2,231,632 2,008,500 2,351,400 0 INTERGOVERNMENTAL: County Road Fund Property Tax CTX (Consolidated Tax) 187,872 215,345 212,336 MVFT (Gas Tax) RTC (Regional Transportation) Park Agreement 54,882 60,000 60,000 SUBTOTAL INTERGOVERNMENTAL 242,754 275,345 272,336 0 FINES AND FORFEITURES: Municipal Court Revenue 166,847 120,000 132,000 Town Code Violations Warrant Fees 12,126 11,000 11,000 Misc Fees 10,713 7,000 7,000 Bond Fees 2,960 2,500 3,000 SUBTOTAL FINES AND FORFEITURES 192,646 140,500 153,000 0 MISCELLANEOUS: Interest Income 60,479 65,000 80,000 Building Rental 20,000 20,000 40,000 Park Development 8,150 3,500 3,000 Developer Agreements 28,515 55,500 0 Special Assessments 119,105 23,528 Downtown Rehab Project Miscellaneous 53,140 37,750 32,000 SUBTOTAL MISCELLANEOUS 289,389 205,278 155,000 0 TOTAL REVENUES 3,546,548 3,563,623 4,061,736 0 City of Fernley Page 11 Form 8 (Local Government) SCHEDULE B - GENERAL FUND ---PAGE BREAK--- BUDGET YEAR ENDING 6/30/08 ESTIMATED ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2006 6/30/2007 APPROVED APPROVED Taxes (from prior page) 590,127 934,000 1,130,000 0 Licenses and Permits (from prior page) 2,231,632 2,008,500 2,351,400 0 Intergovernmental (from prior page) 242,754 275,345 272,336 0 Fines & Forfeitures (from prior page) 192,646 140,500 153,000 0 Miscellaneous (from prior page) 289,389 205,278 155,000 0 SUBTOTAL REVENUE ALL SOURCES 3,546,548 3,563,623 4,061,736 0 OTHER FINANCING SOURCES Operating Transfers In (Schedule T) Proceeds of Long-term Debt Other Sale of Capital Assets SUBTOTAL OTHER FINANCING SOURC 0 0 0 0 BEGINNING FUND BALANCE Reserved Unreserved 875,022 944,996 575,149 TOTAL BEGINNING FUND BALANCE 875,022 944,996 575,149 0 Prior Period Adjustments Residual Equity Transfers TOTAL AVAILABLE RESOURCES 4,421,570 4,508,619 4,636,885 0 City of Fernley Page 12 Form 9 (Local Government) SCHEDULE B - GENERAL FUND ---PAGE BREAK--- BUDGET YEAR ENDING 6/30/08 ESTIMATED ACTUAL PRIOR CURRENT EXPENDITURES BY FUNCTION YEAR ENDING YEAR ENDING TENTATIVE FINAL AND ACTIVITY 6/30/2006 6/30/2007 APPROVED APPROVED GENERAL GOVERNMENT ADMINISTRATION Salaries and Wages 240,541 266,500 332,300 Employee Benefits 86,145 113,000 143,600 Service and Supplies 248,246 427,950 329,000 Capital Outlay SUBTOTAL ADMINISTRATION 574,932 807,450 804,900 0 ADMIN SRV (FINANCE) Salaries and Wages 72,312 83,700 109,300 Employee Benefits 30,230 42,700 55,400 Services and Supplies 39,881 56,200 52,200 Capital Outlay SUBTOTAL FINANCE 142,423 182,600 216,900 0 FUNCTION SUBTOTAL 717,355 990,050 1,021,800 0 City of Fernley FUNCTION General Government Page 13 Form 10 (Local Government) SCHEDULE B - GENERAL FUND ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED ACTUAL PRIOR CURRENT EXPENDITURES BY FUNCTION YEAR ENDING YEAR ENDING TENTATIVE FINAL AND ACTIVITY 6/30/2006 6/30/2007 APPROVED APPROVED JUDICIAL MUNICIPAL COURT Salaries and Wages 75,052 89,000 141,800 Employee Benefits 22,815 40,300 64,300 Services and Supplies 65,764 72,250 37,000 Capital Outlay SUBTOTAL MUNICIPAL COURT 163,631 201,550 243,100 0 FUNCTION SUBTOTAL 163,631 201,550 243,100 0 City of Fernley FUNCTION Judicial Page 14 Form 10 (Local Government) SCHEDULE B - GENERAL FUND ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED ACTUAL PRIOR CURRENT EXPENDITURES BY FUNCTION YEAR ENDING YEAR ENDING TENTATIVE FINAL AND ACTIVITY 6/30/2006 6/30/2007 APPROVED APPROVED CULTURE & RECREATION: PARKS: Salaries and Wages 238,474 265,500 319,500 Employee Benefits 73,282 118,000 165,000 Services and Supplies 197,041 248,520 247,400 Capital Outlay 28,710 13,000 0 SUBTOTAL PARKS 537,507 645,020 731,900 0 FUNCTION SUBTOTAL 537,507 645,020 731,900 0 City of Fernley FUNCTION Culture and Recreation Page 15 Form 10 (Local Government) SCHEDULE B - GENERAL FUND ---PAGE BREAK--- BUDGET YEAR ENDING 6/30/08 ESTIMATED ACTUAL PRIOR CURRENT EXPENDITURES BY FUNCTION YEAR ENDING YEAR ENDING TENTATIVE FINAL AND ACTIVITY 6/30/2006 6/30/2007 APPROVED APPROVED COMMUNITY DEVELOPMENT BUILDING AND PLANNING Salaries and Wages 486,072 378,000 611,300 Employee Benefits 153,294 183,600 333,200 Services and Supplies 171,599 174,900 180,180 Capital Outlay 26,342 16,800 0 SUBTOTAL BLDG/PLANNING 837,307 753,300 1,124,680 0 FUNCTION SUBTOTAL 837,307 753,300 1,124,680 0 City of Fernley FUNCTION Community Development Page 16 Form 10 (Local Government) SCHEDULE B - GENERAL FUND ---PAGE BREAK--- BUDGET YEAR ENDING 6/30/08 ESTIMATED ACTUAL PRIOR CURRENT EXPENDITURES BY FUNCTION YEAR ENDING YEAR ENDING TENTATIVE FINAL AND ACTIVITY 6/30/2006 6/30/2007 APPROVED APPROVED HEALTH ANIMAL CONTROL Salaries and Wages 57,565 49,600 88,100 Employee Benefits 16,887 30,100 51,500 Services and Supplies 21,136 47,250 26,550 Capital Outlay 0 25,100 0 SUBTOTAL ANIMAL CONTROL 95,588 152,050 166,150 0 VECTOR CONTROL Salaries and Wages 51,464 55,800 65,700 Employee Benefits 17,783 26,700 33,500 Services and Supplies 91,903 126,400 126,560 Capital Outlay 19,247 39,200 0 SUBTOTAL VECTOR CONTROL 180,397 248,100 225,760 0 FUNCTION SUBTOTAL 275,985 400,150 391,910 0 City of Fernley FUNCTION Health Page 17 Form 10 (Local Government) SCHEDULE B - GENERAL FUND ---PAGE BREAK--- BUDGET YEAR ENDING 6/30/08 ESTIMATED ACTUAL PRIOR CURRENT EXPENDITURES BY FUNCTION YEAR ENDING YEAR ENDING TENTATIVE FINAL AND ACTIVITY 6/30/2006 6/30/2007 APPROVED APPROVED Debt Service Debt Service Prin 158,000 165,000 Interest 94,789 220,400 213,702 SUBTOTAL Debt Service 94,789 378,400 378,702 0 FUNCTION SUBTOTAL 94,789 378,400 378,702 0 City of Fernley FUNCTION Debt Service Page 18 Form 10 (Local Government) SCHEDULE B - GENERAL FUND ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED ACTUAL PRIOR CURRENT EXPENDITURES BY FUNCTION YEAR ENDING YEAR ENDING TENTATIVE FINAL AND ACTIVITY 6/30/2006 6/30/2007 APPROVED APPROVED PAGE FUNCTION SUMMARY General Government 717,355 990,050 1,021,800 0 Judicial 163,631 201,550 243,100 0 Public Safety Public Works Sanitation Health 275,985 400,150 391,910 0 Welfare Culture and Recreation 537,507 645,020 731,900 0 Community Support Debt Service 94,789 378,400 378,702 0 Intergovernmental Expenditures Community Development 837,307 753,300 1,124,680 0 TOTAL EXPENDITURES - ALL FUNCTIONS 2,626,574 3,368,470 3,892,092 0 OTHER USES: CONTINGENCY (Not to exceed 3% of Total Expenditures all Functions) 0 50,000 Operating Transfers Out (Schedule T) To Streets Fund 550,000 0 To Capital Fund 850,000 0 To Grants Fund 0 To Private Sector Comm Support 15,000 TOTAL EXPENDITURES AND OTHER USES 3,476,574 3,933,470 3,942,092 0 ENDING FUND BALANCE: Reserved Unreserved 944,996 575,149 694,793 TOTAL ENDING FUND BALANCE 944,996 575,149 694,793 0 TOTAL GENERAL FUND COMMITMENTS AND FUND BALANCE 4,421,570 4,508,619 4,636,885 0 City of Fernley SCHEDULE B SUMMARY - EXPENDITURES, OTHER USES AND FUND BALANCE GENERAL FUND - ALL FUNCTIONS Page 19 Form 11 (Local Government) SCHEDULE B - GENERAL FUND ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/07 ESTIMATED RESOURCES ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2005 6/30/2006 APPROVED APPROVED FINES AND FORFEITURES Administrative Assessment Fees 15,113 15,000 15,000 Interest Earnings 1,148 1,500 1,100 Subtotal 16,261 16,500 16,100 0 OTHER FINANCING SOURCES: Operating Transfers In (Schedule T) SUBTOTAL OTHER SOURCES 0 0 0 0 BEGINNING FUND BALANCE Reserved Unreserved 26,897 37,625 4,125 TOTAL BEGINNING FUND BALANCE 26,897 37,625 4,125 0 Prior Period Adjustment(s) Residual Equity Transfers TOTAL RESOURCES 43,158 54,125 20,225 0 EXPENDITURES: JUDICIAL FUNCTION Salaries and Wages Employee Benefits Services and Supplies 5,533 5,000 20,000 Capital Outlay SUBTOTAL EXPENDITURES 5,533 5,000 20,000 0 OTHER USES CONTINGENCY (not to exceed 3% of total expenditures) Operating Transfers Out (Schedule T) 45,000 SUBTOTAL OTHER USES 0 45,000 0 0 ENDING FUND BALANCE Reserved Unreserved 37,625 4,125 225 TOTAL ENDING FUND BALANCE 37,625 4,125 225 0 TOTAL COMMITMENTS & FUND BALANCE 43,158 54,125 20,225 0 City of Fernley SCHEDULE B Special Revenue Fund FUND Administrative Assessment Fund Page 20 Form 14 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED RESOURCES ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2006 6/30/2007 APPROVED APPROVED FINES AND FORFEITURES Court Facility Fees 20,665 21,000 21,000 Interest Earnings 2,095 2,500 2,500 Subtotal 22,760 23,500 23,500 0 OTHER FINANCING SOURCES: Operating Transfers In (Schedule T) BEGINNING FUND BALANCE Reserved Unreserved 47,258 70,018 3,518 TOTAL BEGINNING FUND BALANCE 47,258 70,018 3,518 0 Prior Period Adjustment(s) Residual Equity Transfers TOTAL RESOURCES 70,018 93,518 27,018 0 EXPENDITURES: JUDICIAL FUNCTION Salaries and Wages Employee Benefits Services and Supplies Capital Outlay SUBTOTAL EXPENDITURES 0 0 0 0 OTHER USES CONTINGENCY (not to exceed 3% of total expenditures) Operating Transfers Out (Schedule T) To Capital Fund 90,000 ENDING FUND BALANCE Reserved Unreserved 70,018 3,518 27,018 TOTAL ENDING FUND BALANCE 70,018 3,518 27,018 0 TOTAL COMMITMENTS & FUND BALANCE 70,018 93,518 27,018 0 City of Fernley SCHEDULE B Special Revenue Fund FUND Court Facility Fees Fund Page 21 Form 14 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 6/30/08 ESTIMATED RESOURCES ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2006 6/30/2007 APPROVED APPROVED INTERGOVERNMENTAL CDBG Grant Revenue PUC Grant Revenue Interest Earnings 17,062 20,200 15,000 Subtotal 17,062 20,200 15,000 0 OTHER FINANCING SOURCES: Operating Transfers In (Schedule T) From General Fund 0 From RCT#1 SUBTOTAL OTHER SOURCES 0 0 0 0 BEGINNING FUND BALANCE Reserved Unreserved 507,352 522,762 537,962 TOTAL BEGINNING FUND BALANCE 507,352 522,762 537,962 0 Prior Period Adjustment(s) Residual Equity Transfers TOTAL RESOURCES 524,414 542,962 552,962 0 EXPENDITURES: CULTURE AND RECREATION Salaries and Wages Employee Benefits Services and Supplies Capital Outlay 1,652 5,000 SUBTOTAL EXPENDITURES 1,652 5,000 0 0 OTHER USES CONTINGENCY (not to exceed 3% of total expenditures) Operating Transfers Out (Schedule T) SUBTOTAL OTHER USES 0 0 0 0 ENDING FUND BALANCE Reserved Unreserved 522,762 537,962 552,962 TOTAL ENDING FUND BALANCE 522,762 537,962 552,962 0 TOTAL COMMITMENTS & FUND BALANCE 524,414 542,962 552,962 0 City of Fernley SCHEDULE B Special Revenue Fund FUND Grants Page 22 Form 14 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 6/30/08 ESTIMATED RESOURCES ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2006 6/30/2007 APPROVED APPROVED TAXES RCT Taxes 440,536 46,000 200,000 INTERGOVERNMENTAL CDBG Grant Land & Water Cons Grant MISCELLANEOUS Interest Earnings 5,032 5,000 1,000 Subtotal 445,568 51,000 201,000 0 OTHER FINANCING SOURCES: Operating Transfers In (Schedule T) From Res Const Tax Dist #2 BEGINNING FUND BALANCE Reserved Unreserved 178,421 124,754 754 TOTAL BEGINNING FUND BALANCE 178,421 124,754 754 0 Prior Period Adjustment(s) Residual Equity Transfers TOTAL RESOURCES 623,989 175,754 201,754 0 EXPENDITURES: CULTURE AND RECREATION Salaries and Wages Employee Benefits Services and Supplies Capital Outlay 299,235 0 SUBTOTAL EXPENDITURES 299,235 0 0 0 OTHER USES OTHER USES CONTINGENCY (not to exceed 3% of total expenditures) Operating Transfers Out (Schedule T) To Res Construction Tax District #2 200,000 175,000 25,000 ENDING FUND BALANCE Reserved Unreserved 124,754 754 176,754 TOTAL ENDING FUND BALANCE 124,754 754 176,754 0 TOTAL COMMITMENTS & FUND BALANCE 623,989 175,754 201,754 0 City of Fernley SCHEDULE B Special Revenue Fund FUND Residential Construction Tax Dist #1 Page 23 Form 14 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 6/30/08 ESTIMATED RESOURCES ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 38,898 6/30/2007 APPROVED APPROVED TAXES RCT Taxes 757,286 130,000 350,000 INTERGOVERNMENTAL Grant - 60,000 MISCELLANEOUS Interest Earnings 17,891 23,000 20,000 Other 25,000 Subtotal 800,177 213,000 370,000 0 OTHER FINANCING SOURCES: Operating Transfers In (Schedule T) From Res Const. Tax Dist #1 200,000 175,000 25,000 BEGINNING FUND BALANCE Reserved Unreserved 318,204 452,208 670,208 TOTAL BEGINNING FUND BALANCE 318,204 452,208 670,208 0 Prior Period Adjustment(s) Residual Equity Transfers TOTAL RESOURCES 1,118,381 840,208 1,065,208 0 EXPENDITURES: CULTURE AND RECREATION Salaries and Wages Employee Benefits Services and Supplies - 0 0 Capital Outlay 866,173 170,000 700,000 SUBTOTAL EXPENDITURES 866,173 170,000 700,000 0 OTHER USES CONTINGENCY (not to exceed 3% of total expenditures) Operating Transfers Out (Schedule T) To Res Const Tax Dist #1 ENDING FUND BALANCE Reserved Unreserved 452,208 670,208 365,208 TOTAL ENDING FUND BALANCE 452,208 670,208 365,208 0 TOTAL COMMITMENTS & FUND BALANCE 1,318,381 840,208 1,065,208 0 City of Fernley SCHEDULE B Special Revenue Fund FUND Residential Construction Tax Dist #2 Page 24 Form 14 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED RESOURCES ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2006 6/30/2007 APPROVED APPROVED TAXES Property Tax 0 Subtotal Taxes 0 0 0 0 LICENSES AND PERMITS Public Works Fees 40,071 16,000 31,000 SUBTOTAL LICENSE AND PERMITS 40,071 16,000 31,000 0 INTERGOVERNMENTAL County Road Fund Property Tax 293,745 0 Motor Vehicle Fuel Tax 227,691 273,348 287,381 Road Tax 700,000 300,000 RTC Tax 467,542 1,100,000 658,883 SUBTOTAL INTERGOVERNMENTAL 988,978 2,073,348 1,246,264 0 MISCELLANEOUS Donations 190,000 Interest Earnings 29,665 0 0 SUBTOTAL MISCELLANEOUS 219,665 0 0 0 TOTAL REVENUES 1,248,714 2,089,348 1,277,264 0 OTHER FINANCING SOURCES: Operating Transfers In (Schedule T) From General Fund 550,000 BEGINNING FUND BALANCE Reserved Unreserved 1,224,841 180,166 678,619 TOTAL BEGINNING FUND BALANCE 1,224,841 180,166 678,619 0 Prior Period Adjustment(s) Residual Equity Transfers TOTAL RESOURCES 2,473,555 2,819,514 1,955,883 0 EXPENDITURES: PUBLIC WORKS FUNCTION Salaries and Wages 92,561 122,200 149,900 Employee Benefits 38,794 41,595 77,800 Services and Supplies 245,216 357,100 365,500 Capital Outlay 1,916,818 1,620,000 1,206,279 SUBTOTAL STREET & STORM DRAINS 2,293,389 2,140,895 1,799,479 0 OTHER USES CONTINGENCY (not to exceed 3% of total expenditures) Operating Transfers Out (Schedule T) 0 ENDING FUND BALANCE Reserved Unreserved 180,166 678,619 156,404 TOTAL ENDING FUND BALANCE 180,166 678,619 156,404 0 TOTAL COMMITMENTS & FUND BALANCE 2,473,555 2,819,514 1,955,883 0 City of Fernley SCHEDULE B Special Revenue Fund FUND Streets and Storm Drains Page 25 Form 14 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED RESOURCES ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2006 6/30/2007 APPROVED APPROVED MISCELLANEOUS Private Donations 21,098 3,000 Interest Earnings 163 0 SUBTOTAL MISCELLANEOUS 21,261 3,000 0 0 TOTAL REVENUES 21,261 3,000 0 0 OTHER FINANCING SOURCES: Operating Transfers In (Schedule T) From General Fund 15,000 0 BEGINNING FUND BALANCE Reserved Unreserved 10,782 782 TOTAL BEGINNING FUND BALANCE 0 10,782 782 0 Prior Period Adjustment(s) Residual Equity Transfers TOTAL RESOURCES 21,261 28,782 782 0 EXPENDITURES: CULTURE & RECREATION Salaries and Wages Employee Benefits Services and Supplies 10,479 28,000 Capital Outlay SUBTOTAL PRIVATE SECTOR COMMU 10,479 28,000 0 0 OTHER USES CONTINGENCY (not to exceed 3% of total expenditures) Operating Transfers Out (Schedule T) 0 ENDING FUND BALANCE Reserved Unreserved 10,782 782 782 TOTAL ENDING FUND BALANCE 10,782 782 782 0 TOTAL COMMITMENTS & FUND BALANCE 21,261 28,782 782 0 City of Fernley SCHEDULE B Special Revenue Fund FUND Private Sector Community Support Page 26 Form 14 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED RESOURCES ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2006 6/30/2007 APPROVED APPROVED CHARGES FOR SERVICES Landscape Maint Dist Fees 9,600 MISCELLANEOUS Interest Earnings 100 TOTAL REVENUES 0 0 9,700 0 OTHER FINANCING SOURCES: Operating Transfers In (Schedule T) 0 BEGINNING FUND BALANCE Reserved Unreserved TOTAL BEGINNING FUND BALANCE 0 0 0 0 Prior Period Adjustment(s) Residual Equity Transfers TOTAL RESOURCES 0 0 9,700 0 EXPENDITURES: CULTURE & RECREATION Salaries and Wages 4,100 Employee Benefits 500 Services and Supplies 3,000 Capital Outlay SUBTOTAL CULTURE & REC 0 0 7,600 0 OTHER USES CONTINGENCY (not to exceed 3% of total expenditures) Operating Transfers Out (Schedule T) 0 ENDING FUND BALANCE Reserved Unreserved 2,100 TOTAL ENDING FUND BALANCE 0 0 2,100 0 TOTAL COMMITMENTS & FUND BALANCE 0 0 9,700 0 City of Fernley SCHEDULE B Special Revenue Fund FUND Green Valley Landscape Maint Dist Page 27 Form 14 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED RESOURCES ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2006 6/30/2007 APPROVED APPROVED CHARGES FOR SERVICES Landscape Maint Dist Fees 12,000 MISCELLANEOUS Interest Earnings 100 TOTAL REVENUES 0 0 12,100 0 OTHER FINANCING SOURCES: Operating Transfers In (Schedule T) 0 BEGINNING FUND BALANCE Reserved Unreserved TOTAL BEGINNING FUND BALANCE 0 0 0 0 Prior Period Adjustment(s) Residual Equity Transfers TOTAL RESOURCES 0 0 12,100 0 EXPENDITURES: CULTURE & RECREATION Salaries and Wages 7,100 Employee Benefits 800 Services and Supplies 4,000 Capital Outlay SUBTOTAL CULTURE & REC 0 0 11,900 0 OTHER USES CONTINGENCY (not to exceed 3% of total expenditures) Operating Transfers Out (Schedule T) 0 ENDING FUND BALANCE Reserved Unreserved 200 TOTAL ENDING FUND BALANCE 0 0 200 0 TOTAL COMMITMENTS & FUND BALANCE 0 0 12,100 0 City of Fernley SCHEDULE B Special Revenue Fund FUND Autumn Winds Landscape Maint Dist Page 28 Form 14 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED RESOURCES ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2006 6/30/2007 APPROVED APPROVED CHARGES FOR SERVICES Landscape Maint Dist Fees MISCELLANEOUS Interest Earnings TOTAL REVENUES 0 0 0 0 OTHER FINANCING SOURCES: Operating Transfers In (Schedule T) BEGINNING FUND BALANCE Reserved Unreserved TOTAL BEGINNING FUND BALANCE 0 0 0 0 Prior Period Adjustment(s) Residual Equity Transfers TOTAL RESOURCES 0 0 0 0 EXPENDITURES: CULTURE & RECREATION Salaries and Wages Employee Benefits Services and Supplies Capital Outlay SUBTOTAL CULTURE & REC 0 0 0 0 OTHER USES CONTINGENCY (not to exceed 3% of total expenditures) Operating Transfers Out (Schedule T) 0 ENDING FUND BALANCE Reserved Unreserved TOTAL ENDING FUND BALANCE 0 0 0 0 TOTAL COMMITMENTS & FUND BALANCE 0 0 0 0 Note: This fund will not have activity until the development is completed in a future fiscal year City of Fernley SCHEDULE B Special Revenue Fund FUND Silverland Landscape Maint Dist Page 29 Form 14 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED RESOURCES ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2006 6/30/2007 APPROVED APPROVED CHARGES FOR SERVICES Landscape Maint Dist Fees MISCELLANEOUS Interest Earnings TOTAL REVENUES 0 0 0 0 OTHER FINANCING SOURCES: Operating Transfers In (Schedule T) BEGINNING FUND BALANCE Reserved Unreserved TOTAL BEGINNING FUND BALANCE 0 0 0 0 Prior Period Adjustment(s) Residual Equity Transfers TOTAL RESOURCES 0 0 0 0 EXPENDITURES: CULTURE & RECREATION Salaries and Wages Employee Benefits Services and Supplies Capital Outlay SUBTOTAL CULTURE & REC 0 0 0 0 OTHER USES CONTINGENCY (not to exceed 3% of total expenditures) Operating Transfers Out (Schedule T) 0 ENDING FUND BALANCE Reserved Unreserved TOTAL ENDING FUND BALANCE 0 0 0 0 TOTAL COMMITMENTS & FUND BALANCE 0 0 0 0 Note: This fund will not have activity until the development is completed in a future fiscal year City of Fernley SCHEDULE B Special Revenue Fund FUND Friendly Five Landscape Maint Dist Page 30 Form 14 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED RESOURCES ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2006 6/30/2007 APPROVED APPROVED CHARGES FOR SERVICES Landscape Maint Dist Fees MISCELLANEOUS Interest Earnings TOTAL REVENUES 0 0 0 0 OTHER FINANCING SOURCES: Operating Transfers In (Schedule T) BEGINNING FUND BALANCE Reserved Unreserved TOTAL BEGINNING FUND BALANCE 0 0 0 0 Prior Period Adjustment(s) Residual Equity Transfers TOTAL RESOURCES 0 0 0 0 EXPENDITURES: CULTURE & RECREATION Salaries and Wages Employee Benefits Services and Supplies Capital Outlay SUBTOTAL CULTURE & REC 0 0 0 0 OTHER USES CONTINGENCY (not to exceed 3% of total expenditures) Operating Transfers Out (Schedule T) 0 ENDING FUND BALANCE Reserved Unreserved TOTAL ENDING FUND BALANCE 0 0 0 0 TOTAL COMMITMENTS & FUND BALANCE 0 0 0 0 Note: This fund will not have activity until the development is completed in a future fiscal year City of Fernley SCHEDULE B Special Revenue Fund FUND B C Ranch Landscape Maint Dist Page 31 Form 14 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED RESOURCES ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2006 6/30/2007 APPROVED APPROVED CHARGES FOR SERVICES Landscape Maint Dist Fees MISCELLANEOUS Interest Earnings TOTAL REVENUES 0 0 0 0 OTHER FINANCING SOURCES: Operating Transfers In (Schedule T) BEGINNING FUND BALANCE Reserved Unreserved TOTAL BEGINNING FUND BALANCE 0 0 0 0 Prior Period Adjustment(s) Residual Equity Transfers TOTAL RESOURCES 0 0 0 0 EXPENDITURES: CULTURE & RECREATION Salaries and Wages Employee Benefits Services and Supplies Capital Outlay SUBTOTAL CULTURE & REC 0 0 0 0 OTHER USES CONTINGENCY (not to exceed 3% of total expenditures) Operating Transfers Out (Schedule T) 0 ENDING FUND BALANCE Reserved Unreserved TOTAL ENDING FUND BALANCE 0 0 0 0 TOTAL COMMITMENTS & FUND BALANCE 0 0 0 0 Note: This fund will not have activity until the development is completed in a future fiscal year City of Fernley SCHEDULE B Special Revenue Fund FUND Sario Ranch Landscape Maint Dist Page 32 Form 14 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED RESOURCES ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2006 6/30/2007 APPROVED APPROVED CHARGES FOR SERVICES Landscape Maint Dist Fees MISCELLANEOUS Interest Earnings TOTAL REVENUES 0 0 0 0 OTHER FINANCING SOURCES: Operating Transfers In (Schedule T) BEGINNING FUND BALANCE Reserved Unreserved TOTAL BEGINNING FUND BALANCE 0 0 0 0 Prior Period Adjustment(s) Residual Equity Transfers TOTAL RESOURCES 0 0 0 0 EXPENDITURES: CULTURE & RECREATION Salaries and Wages Employee Benefits Services and Supplies Capital Outlay SUBTOTAL CULTURE & REC 0 0 0 0 OTHER USES CONTINGENCY (not to exceed 3% of total expenditures) Operating Transfers Out (Schedule T) 0 ENDING FUND BALANCE Reserved Unreserved TOTAL ENDING FUND BALANCE 0 0 0 0 TOTAL COMMITMENTS & FUND BALANCE 0 0 0 0 Note: This fund will not have activity until the development is completed in a future fiscal year City of Fernley SCHEDULE B Special Revenue Fund FUND Jackson Ranch Landscape Maint Dist Page 33 Form 14 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED RESOURCES ACTUAL PRIOR CURRENT YEAR ENDING YEAR ENDING TENTATIVE FINAL REVENUES 6/30/2006 6/30/2007 APPROVED APPROVED MISCELLANEOUS Interest Earnings 195,809 300,000 250,000 Subtotal 195,809 300,000 250,000 0 OTHER FINANCING SOURCES: Operating Transfers In (Schedule T) From General Fund 850,000 From Adm Assess Fees Fund 45,000 From Court Facilities Fund 90,000 Bond Proceeds 5,000,000 BEGINNING FUND BALANCE Reserved Unreserved 2,502,129 8,032,479 2,667,479 TOTAL BEGINNING FUND BALANCE 2,502,129 8,032,479 2,667,479 0 Prior Period Adjustment(s) Residual Equity Transfers TOTAL RESOURCES 8,547,938 8,467,479 2,917,479 0 EXPENDITURES: COMMUNITY SUPPORT Salaries and Wages 0 0 0 Employee Benefits 0 0 0 Services and Supplies 0 0 0 Capital Outlay 515,459 5,800,000 1,391,000 SUBTOTAL COMMUNITY SUPPORT 515,459 5,800,000 1,391,000 0 OTHER USES CONTINGENCY (not to exceed 3% of total expenditures) Operating Transfers Out (Schedule T) ENDING FUND BALANCE Reserved Unreserved 8,032,479 2,667,479 1,526,479 TOTAL ENDING FUND BALANCE 8,032,479 2,667,479 1,526,479 0 TOTAL COMMITMENTS & FUND BALANCE 8,547,938 8,467,479 2,917,479 0 City of Fernley SCHEDULE B Capital Project Fund FUND Capital Page 34 Form 14 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED ACTUAL PRIOR CURRENT PROPRIETARY FUND YEAR ENDING YEAR ENDING TENTATIVE FINAL 6/30/2006 6/30/2007 APPROVED APPROVED OPERATING REVENUE Water Use Fees 1,991,035 2,420,000 2,420,000 Material and Labor Charges 173,453 100,000 373,000 Engineer Review Fees 37,428 20,000 5,000 Total Operating Revenue 2,201,916 2,540,000 2,798,000 0 OPERATING EXPENSE Salaries and Wages 372,706 392,000 406,000 Employee Benefits 140,358 187,100 247,800 Service and Supplies 1,144,496 1,125,400 1,653,560 SUBTOTAL 1,657,560 1,704,500 2,307,360 0 Depreciation/Amortization 739,799 750,000 800,000 Total Operating Expense 2,397,359 2,454,500 3,107,360 0 Operating Income or (Loss) (195,443) 85,500 (309,360) 0 NONOPERATING REVENUES Interest Earned 345,511 860,000 1,500,000 Property Taxes Subsidies Consolidated Tax Miscellaneous 46,942 35,000 34,000 In Lieu of Water Rights 329,970 350,000 350,000 Developer Agreements 149,452 50,000 50,000 Developer Contributed Infrastructure 2,633,534 5,000,000 5,000,000 Developer Contributed Water Rights 10,501,525 10,000,000 10,000,000 Customer Contributions- Hookups 881,823 750,000 1,125,000 Sale of Assets Grant BOR 132,750 Total Nonoperating Revenues 15,021,507 17,045,000 18,059,000 0 NONOPERATING EXPENSES Interest Expense 25,224 535,000 1,900,000 Total Nonoperating Expenses 25,224 535,000 1,900,000 0 Net Income before Operating Transfers 14,800,840 16,595,500 15,849,640 0 Operating Transfers (Schedule T) In Out (800,000) Net Operating Transfers (800,000) 0 0 0 NET INCOME 14,000,840 16,595,500 15,849,640 0 City of Fernley SCHEDULE F-1 REVENUES, EXPENSES AND NET INCOME FUND Water Utility Enterprise Fund Page 35 Form 19 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED ACTUAL PRIOR CURRENT PROPRIETARY FUND YEAR ENDING YEAR ENDING TENTATIVE FINAL 6/30/2006 6/30/2007 APPROVED APPROVED A. CASH FLOWS FROM OPERATING ACTIVITIES: Cash Received From Customers 2,325,752 2,540,000 2,798,000 Service and Supplies (1,407,417) (1,125,400) (1,653,560) Wages and Benefits (370,977) (579,100) (653,800) Non-operating Revenues a. Net cash provided by (or used for) operating activities 547,358 835,500 490,640 0 B. CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES: Transfer to Non-potable (800,000) b. Net cash provided by (or used for) noncapital financing activities (800,000) 0 0 0 C. CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES: Grant Proceeds Bond Proceeds 44,918,068 Capital Contributions 1,014,573 800,000 1,175,000 Developer Agreements 149,452 In Lieu of Water Rights Fees 329,970 350,000 350,000 Debt Re-payment (145,000) (135,000) (135,000) Interest on Debt (26,432) (535,000) (1,900,000) Capital Outlay (1,475,577) (3,139,750) (50,323,785) Miscellaneous 46,941 35,000 34,000 Deferred Charges (6,087) (400,000) Dispo of land c. Net cash provided by (or used for) capital and related financing activities (112,160) 41,893,318 (50,799,785) 0 D. CASH FLOWS FROM INVESTING ACTIVITIES: Interest Received 315,950 860,000 1,500,000 d. Net cash provided by (or used in) investing activities 315,950 860,000 1,500,000 0 NET INCREASE (DECREASE) in cash and cash equivalents (a+b+c+d) (48,852) 43,588,818 (48,809,145) 0 CASH AND CASH EQUIVALENTS AT JULY 1, 20xx 9,107,889 9,059,037 52,647,855 CASH AND CASH EQUIVALENTS AT JUNE 30, 20xx 9,059,037 52,647,855 3,838,710 0 City of Fernley SCHEDULE F-2 STATEMENT OF CASH FLOWS FUND Water Utility Enterprise Fund Page 36 . Form 20 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED ACTUAL PRIOR CURRENT PROPRIETARY FUND YEAR ENDING YEAR ENDING TENTATIVE FINAL 6/30/2006 6/30/2007 APPROVED APPROVED OPERATING REVENUE Sewer Use Fee 1,686,101 1,660,500 1,655,500 Total Operating Revenue 1,686,101 1,660,500 1,655,500 0 OPERATING EXPENSE Salaries and Wages 348,773 394,900 342,100 Employee Benefits 134,660 139,100 207,000 Service and Supplies 506,921 575,200 708,700 SUBTOTAL 990,354 1,109,200 1,257,800 0 Depreciation/Amortization 503,744 580,000 580,000 Total Operating Expense 1,494,098 1,689,200 1,837,800 0 Operating Income or (Loss) 192,003 (28,700) (182,300) 0 NONOPERATING REVENUES Interest Earned 337,837 410,000 350,000 Sale of capital assets 12,500 Subsidies Consolidated Tax Miscellaneous 1,000 Developer Contributed Infrastructure 2,518,761 5,000,000 5,000,000 Customer Contributions- Hookups 1,120,919 924,000 1,386,000 Developer Agreements 24,660 117,000 247,000 Grant BOR Total Nonoperating Revenues 4,014,677 6,452,000 6,983,000 0 NONOPERATING EXPENSES Interest Expense 36,800 101,000 250,000 Developer Agreements Total Nonoperating Expenses 36,800 101,000 250,000 0 Net Income before Operating Transfers 4,169,880 6,322,300 6,550,700 0 Operating Transfers (Schedule T) In Out Net Operating Transfers 0 0 0 0 NET INCOME 4,169,880 6,322,300 6,550,700 0 City of Fernley SCHEDULE F-1 REVENUES, EXPENSES AND NET INCOME FUND Sewer Utility Enterprise Fund Page 37 Form 19 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED ACTUAL PRIOR CURRENT PROPRIETARY FUND YEAR ENDING YEAR ENDING TENTATIVE FINAL 6/30/2006 6/30/2007 APPROVED APPROVED A. CASH FLOWS FROM OPERATING ACTIVITIES: Cash Received From Customers 1,683,535 1,660,500 1,655,500 Service and Supplies (347,242) (575,200) (708,700) Wages and Benefits (146,220) (534,000) (549,100) Non-operating Revenues a. Net cash provided by (or used for) operating activities 1,190,073 551,300 397,700 0 B. CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES: b. Net cash provided by (or used for) noncapital financing activities 0 0 0 0 C. CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES: Developer Agreements 24,660 Sewer Connection Fees 1,120,919 1,041,000 1,633,000 Proceeds from Bond Issue 5,551,671 Deferred Charge (44,000) Debt Re-payment (117,745) (115,436) (115,436) Interest on Debt (39,156) (101,000) (250,000) Capital Outlay (1,857,982) (6,844,650) (9,018,825) Inter-fund Activity Miscellaneous 12,500 1,000 c. Net cash provided by (or used for) capital and related financing activities (856,804) (511,415) (7,751,261) 0 D. CASH FLOWS FROM INVESTING ACTIVITIES: Interest Received 304,633 410,000 350,000 d. Net cash provided by (or used in) investing activities 304,633 410,000 350,000 0 NET INCREASE (DECREASE) in cash and cash equivalents (a+b+c+d) 637,902 449,885 (7,003,561) 0 CASH AND CASH EQUIVALENTS AT JULY 1, 20xx 8,365,207 9,003,109 9,452,994 CASH AND CASH EQUIVALENTS AT 0 JUNE 30, 20xx 9,003,109 9,452,994 2,449,433 0 City of Fernley SCHEDULE F-2 STATEMENT OF CASH FLOWS FUND Sewer Utility Enterprise Fund Page 38 . Form 20 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED ACTUAL PRIOR CURRENT PROPRIETARY FUND YEAR ENDING YEAR ENDING TENTATIVE FINAL 6/30/2006 6/30/2007 APPROVED APPROVED OPERATING REVENUE Use Fees Material and Labor Charges Total Operating Revenue 0 0 0 0 OPERATING EXPENSE Salaries and Wages 109,800 Employee Benefits 52,600 Service and Supplies 120 240,100 SUBTOTAL 120 0 402,500 0 Depreciation/Amortization 580 200,000 Total Operating Expense 700 0 602,500 0 Operating Income or (Loss) (700) 0 (602,500) 0 NONOPERATING REVENUES Interest Earned 19,433 40,000 20,000 Property Taxes Subsidies Consolidated Tax Miscellaneous Developer Contributions- Donner Trails Customer Contributions- Hookups 117,000 130,000 130,000 Developer Contributions-Donated Infrastructure 319,036 Grant BOR Total Nonoperating Revenues 455,469 170,000 150,000 0 NONOPERATING EXPENSES Interest Expense Total Nonoperating Expenses 0 0 0 0 Net Income before Operating Transfers 454,769 170,000 (452,500) 0 Operating Transfers (Schedule T) In 800,000 Out Net Operating Transfers 800,000 0 0 0 NET INCOME 1,254,769 170,000 (452,500) 0 City of Fernley SCHEDULE F-1 REVENUES, EXPENSES AND NET INCOME FUND Alternate Water Utility Enterprise Fund Page 39 Form 19 (Local Government) ---PAGE BREAK--- BUDGET YEAR ENDING 06/30/08 ESTIMATED ACTUAL PRIOR CURRENT PROPRIETARY FUND YEAR ENDING YEAR ENDING TENTATIVE FINAL 6/30/2006 6/30/2007 APPROVED APPROVED A. CASH FLOWS FROM OPERATING ACTIVITIES: Cash Received From Customers 0 Service and Supplies (240,100) Wages and Benefits (162,400) Non-operating Revenues a. Net cash provided by (or used for) operating activities 0 0 (402,500) 0 B. CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES: Other TRANSFERS IN FROM WATER 800,000 b. Net cash provided by (or used for) noncapital financing activities 800,000 0 0 0 C. CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES: Developer Agreements Connection Fees 117,000 130,000 130,000 Debt Re-payment Interest on Debt Capital Outlay (102,000) (782,350) Inter-fund Activity In lieu of water rights fees c. Net cash provided by (or used for) capital and related financing activities 117,000 28,000 (652,350) 0 D. CASH FLOWS FROM INVESTING ACTIVITIES: Interest Received 13,703 40,000 20,000 d. Net cash provided by (or used in) investing activities 13,703 40,000 20,000 0 NET INCREASE (DECREASE) in cash and cash equivalents (a+b+c+d) 930,703 68,000 (1,034,850) 0 CASH AND CASH EQUIVALENTS AT JULY 1, 20xx 131,993 1,062,696 1,130,696 CASH AND CASH EQUIVALENTS AT 0 JUNE 30, 20xx 1,062,696 1,130,696 95,846 0 City of Fernley SCHEDULE F-2 STATEMENT OF CASH FLOWS FUND Alternative Water Utility Enterprise Fund Page 40 . Form 20 (Local Government) ---PAGE BREAK--- ALL EXISTING OR PROPOSED * - Type 6 - Medium-Term Financing - Lease Purchase GENERAL OBLIGATION BONDS, REVENUE BONDS, 1 - General Obligation Bonds 7 - Capital Leases MEDIUM-TERM FINANCING, CAPITAL LEASES AND 2 - G.O. Revenue Supported Bonds 8 - Special Assessment Bonds SPECIAL ASSESSMENT BONDS 3 - G.O. special Assessment Bonds 9 - Mortgages 4 - Revenue Bonds 10 - Other (Specify Type) 5 - Medium-Term Financing 11 - Proposed (Specify Type) (10) (11) REQUIREMENTS FOR FISCAL BEGINNING YEAR ENDING 06/30/07 ORIGINAL FINAL OUTSTANDING NAME OF BOND OR LOAN AMOUNT OF ISSUE PAYMENT INTEREST BALANCE INTEREST PRINCIPAL List and Subtotal By Fund * TERM ISSUE DATE DATE RATE 7/1/2007 PAYABLE PAYABLE TOTAL FUND $ $ $ $ Water Enterprise Fund $ $ $ $ 1993 Refunding 2 15 $1,475,000.00 12/30/1993 12/1/2009 4.6-5.1 $0.00 $0.00 $0.00 $0.00 2003 Refunding 2 6 $950,000.00 11/25/2003 11/1/2009 3-5% $515,000.00 $18,050.00 $160,000.00 $178,050.00 Amortization of Prem & Issuance Costs (6,287.00) $ $ $ $ $ Sewer Enterprise Fund Sewer SRF 4 20 $2,000,000.00 10/28/1992 6/30/2012 4.0- $767,779.96 $29,449.31 $127,450.99 $156,900.30 $ $ $ $ $ $ $ $ General Fund City Hall Expansion 5 20 $5,000,000.00 12/29/2005 12/1/2025 4.49% $4,842,000.00 $213,702.00 $165,000.00 $378,702.00 $ $ $ $ $50 Water/Sewer Bond 2 30 $50,000,000.00 3/28/2007 2037 4.0%-5% 89% Water Fund $44,500,000.00 $1,574,526.81 $0.00 $1,574,526.81 11% Sewer Fund $5,500,000.00 $205,604.44 $0.00 $205,604.44 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ TOTAL ALL DEBT SERVICE $59,425,000.00 $56,124,779.96 $2,035,045.56 $452,450.99 $2,493,783.55 SCHEDULE C-1 - INDEBTEDNESS City of Fernley Budget Fiscal Year 2007-2008 (Local Government) Page 41 Form 22 ---PAGE BREAK--- Transfer Schedule for Fiscal Year 2007-2008 FUND TYPE FROM PAGE AMOUNT TO PAGE AMOUNT FUND FUND GENERAL FUND 0 0 SUBTOTAL 0 SPECIAL REVENUE FUNDS RCT #2 25,000 $ RCT #1 25,000 $ 0 SUBTOTAL 25,000 25,000 City of Fernley (Local Government) Page 42 Form 23a T R A N S F E R S I N T R A N S F E R S O U T ---PAGE BREAK--- Transfer Schedule for Fiscal Year 2007-2008 FUND TYPE FROM PAGE AMOUNT TO FUND PAGE AMOUNT FUND CAPITAL PROJECTS FUND Capital General 250,000 SUBTOTAL 250,000 EXPENDABLE TRUST FUNDS SUBTOTAL DEBT SERVICE SUBTOTAL City of Fernley (Local Government) Page 43 Form 23b T R A N S F E R S I N T R A N S F E R S O U T ---PAGE BREAK--- Transfer Schedule for Fiscal Year 2007-2008 FUND TYPE FROM PAGE AMOUNT TO FUND PAGE AMOUNT FUND ENTERPRISE FUNDS Water Fund Alt Water Fund SUBTOTAL INTERNAL SERVICE SUBTOTAL RESIDUAL EQUITY TRANSFERS SUBTOTAL TOTAL TRANSFERS City of Fernley (Local Government) Page 44 Form 23c T R A N S F E R S I N T R A N S F E R S O U T ---PAGE BREAK--- Pursuant to NRS 354.600 each (emphasis added) local government budget must contain a separate statement of anticipated expenses relating to activities designed to influence the passage or defeat of legislation in an upcoming legislative session. 1. Activity: All through League of Cities 2. Funding Source: N/A 3. Transportation $ 4. Lodging and meals $ 5. Salaries and Wages $ 6. Compensation to lobbyists $ 7. Entertainment $ 8. Supplies, equipment & facilities; other personnel and $ services spent in Carson City Total $ - Entity: City of Fernley Budget Fiscal Year 2006-2007 Lobbying Expense Estimate, Page 45 of 45 L O B B Y I N G E X P E N S E E S T I M A T E Nevada Legislature: 74th Session; January 1, 2007 to June 4, 2007 Form 30 4/15/2007