(Miscellaneous Funds) City of Ketchum Fiscal Year 2013/14 Preliminary Budget Overview (Miscellaneous Funds) Presented by City Administrator Gary Marks May 20, 2013

Fiscal Year 2012/13 Preliminary Budget Overview Funds included in this presentation: Local Option Tax Fund Undergrounding Improvement Fund Community Housing In-Lieu Fund Water Fund Wastewater Fund

Local Option Tax Fund

Projected FY2014 Resources Local Option Tax Projected FY2014 Resources Beginning Balance 237,730 LOT Revenue 1,858,102 Business License Rev. 32,000 TOTAL 2,127,832

Projected FY2014 Expenditures Local Option Tax Fund Projected FY2014 Expenditures Personal Services 98,051 Idaho Tax Commission 144,600 Administrative Expense 90,000 Marketing Contract 450,000 Fly Sun Valley 40,000 Trailing of the Sheep 5,000 Mountain Rides 522,600 Consolidated Dispatch 166,981 KCDC 116,400 Wagon Days 95,000 Streets Maintenance 188,032 Contingency 35,000 TOTAL 1,951,664

Local Option Tax Fund Projected FY2014 Overview Beginning Balance 237,730 Revenue 1,890,102 Total Resources 2,127,832 Total Expenditures 1,951,664 Ending Balance 176,168 Plus 5% LOT Growth 92,905 Projected Balance 269,073

Unresolved LOT Fund Questions Fly Sun Valley Request; Increase funding by $10K from $40K to $50K.

Undergrounding Improvement Fund

Undergrounding Fund Projected FY2014 Overview Beginning Balance Revenue 247,000 Total Resources Total Expenditures 100,000 Ending Balance 147,000

Community Housing In-Lieu Fund

Unresolved Community Housing Fund Questions FY2014 Blaine County Housing Authority funding of $70K.

Water Fund

WATER FUND PROJECTED FY2014 RESOURCES PROJECTED FY2014 EXPENDITURES Beginning Balance 305,172 Revenue 1,567,500 TOTAL 1,872,672 PROJECTED FY2014 EXPENDITURES Personal Services 635,234 Materials & Services 414,700 Capital Transfer 100,000 Debt Service 358,743 Contingency 30,000 1,538,677 Ending Balance 333,995

Suggested Water Fund Objectives 4.9% Water Rate Increase.

Wastewater Fund

WASTEWATER FUND PROJECTED FY2014 RESOURCES Beginning Balance 1,241,559 Revenue 1,895,600 TOTAL 3,137,159 PROJECTED FY2014 EXPENDITURES Personal Services 1,106,084 Materials & Services 551,850 Capital Transfer 500,000 Debt Service 282,643 Contingency 55,000 2,495,577 Ending Balance 641,582

Suggested Wastewater Fund Objectives 4.9% Wastewater Rate Increase.

Police Trust Fund

Suggested Police Trust Fund Objectives Drug Coalition request for annual funding: $5K.

Remaining Budget Funds with Ministerial Purposes for FY14 Wagon Days Fund Parks and Recreation Trust Fund General Obligation Debt Service Fund Fire Trust Fund Development Trust Fund

The End.