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Genera! Fund <br />Portable Air Compressor <br />Fire <br />$9,000 <br />Res Q Jac <br />Fire <br />5,000 <br />Pool Slide <br />Recreation <br />15,000 <br />Thor Guard Lightning Prediction System <br />Recreation <br />10,000 <br />,;W <br />Water/Sewer Fund <br />Water Billing Front Counter <br />Water Billing <br />38,000 <br />Radio Read Start Up <br />Water Billing <br />50,000 <br />ATAD & WAS Meter Installation <br />Wastewater Treatment <br />17,000 <br />rt <br />During Wednesday's meeting the questions below were asked. Answers follow each question. <br />l. Why is the proposed fuel budget for fire and police so much different from the <br />current year's budget? <br />The variation in percentage differences between the current year and the proposed budget <br />is due to the difference in the way fuel costs have been calculated from this year to the <br />next. In prior years each department estimated their fuel cost, using different <br />methodologies to arrive at their cost estimate. The proposed fuel budget was calculated <br />by the Finance Department using actual gallons consumed over the last 12 months, based <br />on $4.00/gal for unleaded and $4.60/gal for diesel. In cases where a department <br />overestirnated their fuel cost this year then the cost based on actual consumption will be <br />lower. Conversely, if a department underestimated their fuel cost in FY 2007-2008, then <br />using the consumption method would result in an unusually high percentage increase. <br />2. What was the $1.87 million transfer for and why has it not been spent? <br />The $1.87 million includes $1.25 million for a capital projects fund, $305,000 to pay off <br />part of the lease-purchase balance (see number three below), and $319,681 to purchase <br />capital items. The capital prajects fund was not tied to any purchase but rather was a <br />fund for future use (simitar to the $3 million in the original proposed FY 2008-2009 <br />budget except it was not set up as a revolving loan fund). As noted earlier, $437,700 of <br />capital is being applied to this existing fund. The $305,000 was used to pay off part of <br />the lease-purchase. None of the $319,681 has been utilized because all of the requested <br />capital items were purchased out of the General Fund. <br />3. Why were all of the old lease purchase payments not paid off in FY 2007-2008? <br />What is the total of the remaining lease-payments that is in t6e proposed budget? <br />The September budget notes clearly state that only yeaz two payments aze included in the <br />budget. In addition, the October ordinance amending the budget also states that the <br />0 000009 <br />