|
Operating shortfall and fund deficit in 2012-13
<br />General Fund contribution to Gas Tax street maintenance:
<br />2013-14 = $768,000; 2014-15 = $738,000
<br />2015-16 = $0; 2016-17 = $238,000
<br />2017-18 and 2018-19 = $738,000 each fiscal year
<br />Deficit reappears in 2015-16 with no transfer from General Fund
<br />General Fund reinstitutes transfers to Gas Tax in 2016-17 through 2018-19
<br />State decreasing Gas Tax contributions
<br />
<br />
<br />
<br />24
<br />2012-13 2013-14 2014-15 2014-15 2015-16 2016-17 2017-18 2018-19
<br />Gas Tax Fund 140 Actual Actual Adopted Projected Projected Projected Projected Projected
<br />Beginning Fund Balance 916,069 426,508 19,099 1,123,052 1,204,079 566,260 121,806 120,723
<br />Revenue
<br />Gas Tax 1,276,934 1,475,914 1,317,682 1,581,740 1,456,552 1,456,552 1,471,118 1,485,829
<br />Interest Income/Transfers 1,160 771,183 745,500 739,300 2,000 240,000 740,020 740,040
<br /> Total Revenues 1,278,094 2,247,097 2,063,182 2,321,040 1,458,552 1,696,552 2,211,138 2,225,869
<br />Expenditures
<br />Personnel 803,012 817,126 902,536 902,536 965,932 1,010,567 1,063,921 1,110,788
<br />Non-Personnel 964,644 733,428 1,153,425 1,337,477 1,130,439 1,130,439 1,148,300 1,166,461
<br /> Total Expenditures 1,767,655 1,550,554 2,055,961 2,240,013 2,096,371 2,141,006 2,212,221 2,277,249
<br />Annual Surplus/(Shortfall)(489,561)696,544 7,221 81,027 (637,819)(444,454)(1,083)(51,380)
<br />Ending Fund Balance 426,508 1,123,052 26,320 1,204,079 566,260 121,806 120,723 69,343
|