9/12/1984 (2) - Laserfiche WebLink

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r S.EP 121904 Booz 58 F,�,�318" dollars, but it isn't shown. This budget only represents what is coming in this year not what is there. Question continued as to why we don't show what is there, GAAP accounting, etc., and Administrator Wright commented that this is money that is restricted in that it must be used for water and sewer related activities only. Commissioner Wodtke questioned why we adopt a budget for impact fees when we really don't know what fees we might have. Chairman Scurlock felt we do, in fact, have a pretty good idea. In sewer we have almost 4,000 units sitting there willing to put up money and move ahead on Route 60, and we have 2,050 taps. We can project growth in the system based on the previous year, and also can anticipate based on your expansion plan and the master plan, and, therefore, he did not feel it is too arbitrary. Commissioner Wodtke asked if we will use any of the one million cash carry forward this year, and if so, don't we have to budget that use? Administrator Wright noted that the Board will be handling this as a special item as it comes up, and OMB Director Barton explained that these funds will be transferred to construction projects and be brought back to the Board for approval. Commissioner Wodtke pointed out that last year the figures say we had $740,000 and we were going to take in $152,000 or so, and this year, we say we are not carrying anything forward. This doesn't tell him anything. Administrator Wright believed that possibly this should have been stated differently. He informed the Board that we have $1,071,000 in that account right now and we are saying $275,000 additional is going to 'come in during the year, which is extremely conservative. Chairman Scurlock noted that actually there will be about 2.5 million just on wastewater, and Administrator Wright agreed that this could be shown ar1d it would be a realistic amount; 29