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

2. 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

3. Local Option Tax
Fund

9. 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

11. 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

13. 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

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

15. Undergrounding Improvement Fund

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

19. Community Housing
In-Lieu Fund

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

22. Water Fund

25. 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

28. Suggested Water Fund Objectives
4.9% Water Rate Increase.

29. Wastewater Fund

32. 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

35. Suggested Wastewater Fund Objectives
4.9% Wastewater Rate Increase.

36. Police Trust Fund

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

39. 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

40. The End.