HomeMy WebLinkAbout2020 ENT SummaryOriginalProposedProposedProposed ApprovedAmendedBudgetBudgetActual 2016Actual 2017Actual 2018Actual 2019Budget 2020Actual 6/30/2020202020212022Beg. Cash & Equivalents per Audited FS25,563,735$     21,585,930$     23,260,395$     25,397,619$     28,038,518       28,038,518$     28,038,518$     28,923,749$     28,591,890$     RevenuesINVESTMENT INTEREST(213,058)             230,263               249,769               756,103               400,000               216,761               295,000               300,000               300,000              RENT & MISCELLANEOUS INCOME8,995                 52,594               63,566               58,715               60,000                29,241               58,300               60,000               60,000              MANAGEMENT FEE22,057               6,952                 13,095               6,428                 15,000                737                    1,000                 15,000               15,000              GRANTS328,662             117,786             199,040             47,249               177,247              ‐                          123,532             132,500             170,000            JOINT VENTURE INCOME22,057               18,220               (3,549)                (1,209)                5,000                  ‐                          5,000                 5,000                 5,000                WATER SALES1,342,903         1,212,065         1,187,170         1,436,259         1,200,000          1,310,808         1,400,000         1,300,000         1,300,000        DENVER WATER3,000,000         3,000,000         3,000,000         3,000,000         1,500,000          1,500,000         1,500,000         660,000             550,000            WATER APPLICATIONS/CHANGE4,400                 7,600                 4,800                 4,400                 5,000                  2,000                 4,000                 5,000                 5,000                PROJECT CONTRIBUTIONS896,508             462,625             651,666             1,890,295         2,199,559          454,938             3,665,634         1,202,128         182,000            ELKHEAD OM&R REIMBURSEMENTS149,248            1,005,105        310,878            129,055            100,000             76,837              76,837              100,000            100,000            OTHER FEES & WMP REC AREA40,821              45,809              51,506              49,344              45,000               3,867                170,000            170,000            170,000            TOTAL REVENUES5,602,593          6,159,018          5,727,941          7,376,639          5,706,806          3,595,188          7,299,303          3,949,628          2,857,000          ExpensesDIRECTORS & OFFICERS19,608               22,498               18,715               18,408               27,955                5,525                 19,955               20,455               27,955              STAFF SALARIES794,596             854,075             928,144             954,560             823,399              478,846             791,823             749,804             722,344            SALARY OVERHEAD287,421 311,872 325,817 317,414 333,156 180,962 293,029 291,106 310,218            TRAVEL/MEETINGS/EDUCATION59,097               58,679               46,892               45,520               55,933                8,233                 21,967               46,950               47,742              LEGAL/SPECIAL COUNSEL20,396               (23,756)              36,467               36,268               219,625              13,890               171,417             191,417             191,417            ADMINISTRATIVE EXPENSES95,294               1,026,437         142,870             133,283             135,387              93,115               156,336             159,070             140,339            EXTERNAL AFFAIRS54,245               56,826               42,573               40,170               76,917                11,766               29,000               41,917               41,917              WOLFORD MOUNTAIN PROJECTS  TECHNICAL SUPPORT130,375             175,947             295,404             212,272             292,844              156,378             333,495             316,756             320,011              RESERVOIR OPERATIONS257,449             327,905             366,974             1,025,957         658,200              171,232             571,250             746,700             646,700            DAM DEFORMATION186,781             52,111               573,823             55,308               100,000              16,217               40,000               100,000             100,000              MITIGATION129,562            70,936              19,201              33,270              40,000               5,846                20,000              25,000              25,000                CWCB ‐ WMP LOAN‐                         ‐                         ‐                         ‐                         ‐                          ‐                         ‐                         ‐                         ‐                         YAMPA RIVER PROJECTS1,380,275        391,824            135,499            105,079            152,507             89,303              137,910            158,185            158,881              CWCB ‐ELKHEAD LOAN (& escrow addition)5,467,339        ‐                         ‐                         ‐                         ‐                          ‐                         ‐                         ‐                         ‐                         EAGLE RIVER PROJECTS49,911              26,060              31,648              40,681              31,500               15,678              30,827              31,500              31,500              ROARING FORK PROJECTS20,083              28,851              41,679              59,923              62,300               52,852              52,852              62,300              62,300              PROJECT DEVELOPMENT812,137            500,475            773,795            1,884,271        2,509,948         640,762            3,744,211        1,340,328        355,450            SUBTOTAL EXPENDITURES9,764,569$        3,880,741$        3,779,501$        4,962,385$        5,519,671$        1,940,604$        6,414,071$        4,281,488$        3,181,773$        Excess Revenue Over (Under) Expenditures(4,161,976)$       2,278,277$        1,948,440$        2,414,254$        187,135$           1,654,585$        885,231$           (331,860)$          (324,773)$          EXTRAORDINARY MAINTENANCE2,000,000        2,000,000        2,000,000        DEPRECIATION EXPENSE949,512            979,589            999,494            1,041,386        1,000,000         ‐                          1,000,000        1,000,000        1,000,000        ELKHEAD LOAN ESCROW BALANCE‐                         TOTAL FUNDS ORIGINALLY APPROPRIATED FOR EXPENDITURES 10,714,081$     4,860,330$       4,778,995$       6,003,771$       6,519,671$        9,414,071$       7,281,488$       6,181,773$       2020, 2021 & 2022 BUDGET SUMMARY10/7/2020DRAFT BUDGET ENTERPRISE FUNDDRAFT