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<br />7~~6
<br />
<br />Table 14
<br />Revenues by Customer Type
<br />Fiscal Year 2004-05
<br />
<br /> Number of Consumption Percent of Total Total Percent of
<br /> Accounts (CCF) Consumption Revenues Total Revenue
<br />Single-family 18,622 2,707,156 52% $7,746,560 48%
<br />Muliti-family 1,587 875.492 17% 2,717,723 17%
<br />Irrigation-Residential 170 225,980 --1% 730.836 5%
<br />Sub-total 20,379 3,808,628 73% 11,195,119 70%
<br />Non-Residential
<br />Comercial 1,572 918,069 17% 3,039,512 19%
<br />Irrigation-
<br />Commercial 355 464.227 .J!% 1.407,204 .J!%
<br />Sub-total 1,927 1,382,296 26% 4,446,716 28%
<br />Other
<br />Fire Services & other 669 61.707 ....1% 316.902 ,.2%
<br />Total 22,975 5,252,631 100% $15,958,737 100%
<br />Source: City of Redwood City - Finance Department.
<br />
<br />The following table sets forth the revenues of the Enterprise derived from water
<br />connection and facilities fees since Fiscal Year 1999-00.
<br />
<br />Table 15
<br />Revenues from Connection and Facilities Fees
<br />
<br />Connection Fees
<br />Facilities Fees
<br />
<br />FY 1999-00 FY 2000-01 FY 2001-02 FY 2002-03 FY2003-04 FY2004-05
<br />$193,729 $225,495 $111,329 $48,826 $125.097 $89,485
<br />452.762 475.699 267.446 239.378 345.894 298.679
<br />$646,491 $701,194 $378,775 $288,204 $470,991 $388,164
<br />
<br />Total
<br />
<br />Source: City of Redwood City - Finance Department.
<br />
<br />ENTERPRISE FINANCIAL INFORMATION
<br />
<br />Budgetary Process
<br />
<br />The fiscal year of the City begins on the first day of July of each year and ends on the
<br />thirtieth day of June the following year. Formal budgetary integration is employed as a
<br />management control device during the year for the general fund, special revenue funds, debt
<br />service funds, capital project funds, and proprietary funds (including the water enterprise fund).
<br />Budgets for the general, special revenue, debt service and capital projects funds (except the
<br />General Improvement District 1-64 construction fund) are adopted on a basis consistent with
<br />generally accepted accounting principles, except for capital outlay in special revenue and
<br />capital projects funds which is budgeted on a project length basis. Budget requests are
<br />submitted by departmental managers to the City Manager for review. The City Manager and the
<br />Finance Director meet with department heads to review the requests and establish program
<br />objectives for the coming year. The City Manager then prepares his recommendations to the
<br />City Council and the Finance Director submits the financing plan to fund the recommended
<br />budget.
<br />
<br />Each year the City adopts a resolution specifying the dates by which it must receive a
<br />proposed budget and adopt a final budget. The City Council usually receives the proposed
<br />
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