Notice of Public Hearing Regarding the Proposed Transfers from Enterprise (Business-type) Funds to Other Funds

Thursday, June 16,2022
Public Hearing

Attachments


 

 

Notice of Public Hearing

Purpose:              The City of St. George, Utah will hold public hearings to review and take public comment regarding the proposed fiscal year 2022-2023 budget and transfers from Enterprise (Business-type) Funds to Other Funds.

 

Public Hearing: Thursday, June 16, 2022 at 5:00 pm. St. George City Hall, 175 E 200 N, St. George, UT 84770

 

Background:       The City of St. George General Fund provides administrative and overhead services to the enterprise (business-type) funds. These services include utility billing, payment collection and customer service functions, as well as indirect costs for human resources, legal, technology, fleet maintenance and other administrative services. The City calculates the estimated costs to provide these services to the enterprise funds; and each enterprise fund transfers their proportionate share of the costs to the General Fund. If these functions were not provided by the General Fund, the enterprise funds would need to hire additional employees and pay the direct personnel, materials and supplies, and equipment costs and/or hire consultants and pay their fees. City Management believes the amount transferred to the General Fund is less than the value of the services received and/or the amount which would be billed by a third party.

 

The enterprise funds also participate in capital projects and equipment purchases with other funds. The total project costs are expensed in the other funds and each enterprise fund transfers their proportionate share of the costs. By participating with the other funds, the City is saving costs by combining like projects with the different funds. For fiscal year 2022-2023, the transfers are budgeted as follows:

 

Fund

Transfers for Administrative and Overhead

Transfer of Costs Not Associated to the Enterprise Fund

Transfer for Capital Projects*

Percent of Enterprise Fund’s Expenditure Budget

Electric Fund

$2,450,000

$ 0

$44,500

3.1%

Water Fund

$2,050,000

$ 0

$262,500

3.7%

Wastewater Collection

$   200,000

$ 0

$ 0

6.1%

Regional Wastewater Treatment

$   900,000

$ 0

$ 0

2.5%

Refuse Collection

$   360,000

$ 0

$ 0

4.6%

Drainage Fund

$   526,582

$ 0

$5,509,439

98.6%

     Total to the General Fund

$6,486,582

$ 0

$892,000

 

     Total to Other Funds

 

 

$4,924,439

 

 

*Specific capital projects information is listed on page 2 of this notice.

 

 

Transfers for specific capital projects from an enterprise fund in fiscal year 2022-2023 are budgeted as follows:

 

Specific Capital Project

Enterprise Fund

Fund Receiving Transfer

Budgeted Transfer

Chipper Truck for Tree Crew (50% cost share)

Electric Fund

General Fund

$44,500

Backhoe Replacement for Asphalt Crew (50% cost share)

Water Fund

General Fund

$62,500

Soccer Fields at Little Valley – Replace Sod with Artificial Turf for Water Conservation

Water Fund

General Fund

$200,000

Street Vac Con Equipment for Stormwater Maintenance Program to comply with the Clean Water Act

Drainage Fund

General Fund

$585,000

Virgin River Right of Way Acquisition

Drainage Fund

Public Works Capital Projects Fund

$62,000

Fort Pierce Wash Maintenance

Drainage Fund

Public Works Capital Projects Fund

$150,000

1130 N. Drainage Improvements

Drainage Fund

Public Works Capital Projects Fund

$1,400,000

Storm Drain Pipe Rehabilitation Project

Drainage Fund

Public Works Capital Projects Fund

$1,000,000

Red Hills Sediment & Virgin River Streambank Project

Drainage Fund

Public Works Capital Projects Fund

$1,162,439

Detention Basin Repair

Drainage Fund

Public Works Capital Projects Fund

$150,000

Foremaster Dr. Culvert Project (UDOT)

Drainage Fund

Public Works Capital Projects Fund

$500,000

3000 E. Widening – 1580 S. to Seegmiller Rd.

Drainage Fund

Public Works Capital Projects Fund

$500,000

Total Transfers for Capital Projects

 

 

$5,816,439

 

 

For questions or comments regarding this public notice, please contact the following individuals at 435-627-4000.

 

Trevor A. Coombs, Administrative Services Director

Tiffany M. LaJoice, Finance Manager

Robert Myers, Budget & Financial Planning Manager