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Agenda - Council - 01/23/2024
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Agenda - Council - 01/23/2024
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3/13/2025 10:01:09 AM
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1/22/2024 3:44:04 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
01/23/2024
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FUND STREET LIGHTING(9603) <br /> BUDGET SUMMARY: <br /> Business Object 2019 2020 2023 2024 <br /> Unit Account Description Actual Actual 2021 2022 Adopted Adopted <br /> Actual Actual Budget Budget <br /> 9603 4140 CREDIT CARD PROCESSING FEES (2,734) (2,585) (2,919) (3,931) (4,500) (5,500) <br /> 9603 4609 MISCELLANEOUS REVENUES - <br /> 9603 4681 CHARGES FOR STREET LIGHTS 157)715 1611246 167,274 173.1230 1701000 1761000 <br /> 9603 4682 ST LIGHT O/M CHARGE 41802 21450 490 - <br /> 9603 4683 STREET LIGHTING PENALTIES 4)605 11139 1)924 41555 51000 6,000 <br /> 9603 4684 PRIORITY STREET LIGHT 52,781 541298 551595 56,537 561000 57)000 <br /> 9603 4705 CAPITAL CONTRIBUTIONS <br /> 9603 14701 j INTEREST ON INVESTMENTS 441339 411140 (6,323) (11,160) 21000 37000 <br /> Total Revenue 261)507 257#687 216)041 219,232 228500 236,5001 <br /> Business Object 2019 2020 2023 2024 <br /> Unit Account Description Actual Actual 2021 2022 Adopted Adopted <br /> Actual Actual Budget Budget <br /> 9603 6371 ELECTRIC UTILITIES 118,362 1211587 125)210 124,820 1401000 135,000 <br /> 9603 6489 OTHER CONTRACTED SERVICES 13,248 101438 17583 15,0060 181000 191000 <br /> 9603 16722 DEPRECIATION 401008 371438 35,784 321885 461340 46;000 <br /> .9603 16820 JOPERATING TRANSFERS TO OTHER F 21)000 2721000 231000 251000 271000 291000 <br /> Total Expenditure 192,619 441,463 201)576 197,765 231,340 229,000 <br /> DESCRIPTION OF SERVICES: <br /> The Street Lighting Fund is a self-sustaining Enterprise fund that provides for the administration, <br /> operation and maintenance of street lights located throughout the city.The current fee structure <br /> is based upon zoning classification and billed quarterly through the city's utility billing process. <br /> GOALS OF CURRENT YEAR BUDGET: <br /> Provide for the safety of residents with well-lit intersections <br /> Determine energy consumption of current street lights and benefit of LED's <br />
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