III(B) Approval And Acceptance Of Quarterly Financial Report ' Agenda 8-15-2000
"CENTER OF GOOD LIVING-PRIDE OF WEST ORANGE" Item I�I B
MAYOR• OMMISSIONER
Ocoee S.SCOTT VANDERGRIFT
° •�o CITY OF OCOEE COMMISSIONERS
�'r L Q 150 N.LAKESHORE DRIVE DANNY HOWELL
v p SCOTT ANDERSON
�, OCOEE,FLORIDA 34761-2258 RUSTY JOHNSON
�yj•�� '~'` ``,? (407)656-2322 NANCY J.PARKER
OF 000V
CITY MANAGER
ELLIS SHAPIRO
MEMORANDUM
TO: The Honorable Mayor and Board of City Commissioners
FROM: Wanda B. Horton, Finance Director
DATE: ' August 8, 2000 ,
RE: Quarterly Financial Review, Third Quarter FY00
Finance has completed its evaluation and analysis of the FY00 third quarter revenues and
expenditures. The report will be on the August 15, 2000 consent agenda.
Should you have any questions or want additional information, please give Donald Carter or me
a call. '
POVVIT
Protect Ilcaeµ s Water Itesa:rcas : :
CITY . . , . . .
OF OCOEE
, • . . . . ..
. .
.. ,.... ..„ _
. . . ,
., , . .. . .
, ., , .
. ,
. . . ,.
QUARTFJRLY REPORT
THIRD QUARTER
,„,,,,,„,:7,,,, .
FISCAL YEAR
1999-2000
Yn
•
„`5 :,„,„,,,..„,„,„,:,::
r�++Jt°.
..,,...,.
v.�
UftiY?S`
•
< " ,,/
it f a"s'w 2 ) a `J s .14 sn'F «
may', <':�.''.. i:'' �."?+ y.S
r` 414,1p 5„t„,.,,,..„
....,r, i,„,.r,„,:,,,
,,..,, k,1.4.„,,,:„:,
a�
_ '�zs• _ it c
r< AM
ffY• rY: b
c3., /bgZ F�,.OS '. J
y
��f�µ
Hta„„‘„ �i,,
a:�
i r/
r>rPft
.y^.a,:xK,K.i, :an'.. :v=r;}`:, .. :. "`k?b. Cy sib:
NIP
O ' . I. $%6 Prepared by the
4 ti S. r - fs sus Finance
� ;� fy/i/' Iv ,�'``�'2P. fW.�<���,/�y a,;`.:�'3;' s,3� �i�ni3" >;,::� 'T�p i�rvm-p}�TA S )Oyi Oy t'/. ;,:.Y+vjv £fftk K/`�a J r L V a tment
O z
•
AUGUST 2000
TABLE OF CONTENTS
Quarterly Overview
General Fund 1-2
Revenue Comparison Graph 3
•
Revenue Analysis Report 4
Revenue Graphs 5-7
Residential Building Permit Graph 8
Commercial Building Permit Graph 9
Expenditure Comparison Graphs 10
Expenditures Analysis Report 11
Capital Purchase Report 12
Budget Transfers 13-14
Stormwater Fund 15
Revenue Analysis Report 16
Revenue Graph 17
Expenditure Comparison Graphs 18
Expenditure Analysis Report .19
Capital Purchase Report 20
Water/Waste Water Fund 21
Revenue Analysis Report 22
Revenue Graph 23
Expenditure Comparison Graphs 24
Expenditure Analysis Report .25
Budget Transfers 26
Solid Waste Fund 27
Revenue Analysis Report 28
Revenue Graph 29
Expenditure Comparison Graphs 30
Expenditure Analysis Report .31
Supplemental Information 32
General Capital Projects 33
Transportation Projects 34
Stormwater Capital Improvements 35
Water/Wastewater Capital Improvements 36
Debt Statement 37
Investments 38-40
Road Impact Fee Status Report 41
Fire Impact Fee Status Report 42
Police Impact Fee Status Report 43
Recreational Impact Fee Status Report 44
MAYOR•COMMISSIONER
Ocoee "CENTER OF GOOD LIVING_PRIDE OF WEST ORANGE"
S.SCOTT VANDERGRIFT
Ptii `�° CITY OF OCOEE DANNYHOWELL
D SCOTT ANDERSON
1 SO N.LAKESHORE DRIVE
OCOEE,FLORIDA 34761-2258 COMMISSIONERS
RUSTY JOHNSON
(414- � `''`` ?� (407)656-2322 NANCY J.PARKER
O �`,
F GOOD CITY MANAGER
ELLIS SHAPIRO
Quarterly Financial Report
Fiscal Year 1999/2000 Third Quarter
The City of Ocoee is a municipal corporation of the State of Florida operating under a commission/manager form of government. A
residential community, the City has a land area of approximately 20 square miles. Ocoee is home to approximately 22,746 residents
ranking third in population of the cities in Orange County. Ocoee has ten parks and an 18-hole public golf course. Recreational
facilities include a multi-purpose recreational complex, tennis courts, outdoor basketball courts, baseball fields and a football field.
The City provides water and wastewater services, garbage collection, and police and fire protection to its residents. In 1987 Ocoee
began a phenomenal growth pattern which continues today. To meet the increasing demands of travel within Ocoee city limits, the
City built Clarke Road which begins at the East-West Expressway and State Road 50 and runs north to the City's current limits. Plans
are underway for future expansion to lengthen the road to the city limits of Apopka. The City recently secured funding for design,
construction and improvements to Maguire Road, Professional Parkway and other roadways. Ad Valorem taxes are levied at the rate
of 4 mils which has remained unchanged for more than ten years. The city currently employs 292 individuals.
The Quarterly Financial Report presents the results of financial activity of the City for the preceding three months. This third quarter
report summarizes the activity for the months of April, May and June, 2000. Revenues and receipts are presented for the General,
StormWater, Water/Wastewater, and Solid Waste funds. Actual receipts (revenues) and expenditures are compared to the adopted
budget to assess potential overages/shortages in budgeted line items. Comparisons with figures for last fiscal year are included to
indicate the differences by year in the adopted versus actual, since budgeting techniques remained relatively uniform from one fiscal
year to the next. The Capital Projects Report, Debt Statement, Impact Fee Reports, and Investment Schedule are included as part of
the Quarterly Financial Report.
POW i
,,,,P,C#(1..„S';1'?tcr'Presourer.;:> .
MAYOR•COMMISSIONER
Ocoee "CENTER OF GOOD LIVING-PRIDE OF WEST ORANGE" S.SCOTT VANDERGRIFT
prip COMMISSIONERS
r:1
CITY OF OCOEE DANNYHOWELL
4 1 SO N.LAKESHORE DRIVE COMMISSIONERS
ANDERSON
v o RUSTY JOHNSON
r,� OCOEE,FLORIDA 34761-2258NANCY 1.PARKER
I. e_3_.).P
(407)656-2322
F4 OF GOOV CITY MANAGER
— ELLIS SHAPIRO
Revenues are compared to expenditures in order to determine how daily operations may be affected by shifts in income-producing
sources. This difference is important in cash flow management to ensure revenues are available for budgeted expenditures. Table 1
shows revenues currently exceed expenditures in all funds. It is important to note that the budgeted cash carryforward for the funds
has been posted to the revenue accounts.
TABLE 1
:;
Revenue-vs Expenditures by Fund
Fund ,. Revenues : :Expenditures
General Fund $13,138,062 $11,362,980
StormWater Utility $788,080 $673,434
Water/Wastewater Utility $4,105,863 $3,555,221
Solid Waste Utility $1,229,492 $1,012,504
Expenditures are grouped into four categories: Personal Services, Operating Expenses, Capital Outlay, and Transfers Out. Funds are
earmarked for expenditures either through the budget process, the capital improvements element of the Comprehensive Plan, bond
indebtedness, impact fee restrictions, water deposit repayments, or loan restrictions.
Pow ii
Plcteci llCOWS W ter Resunlc;:s
MAYOR•COMMISSIONER
"CENTER OF GOOD LIVING-PRIDE OF WEST ORANGE"
Ocoee S.SCOTT VANDERGRIFT
COMMISSIONERS
T
O CITY OF OCOEE DANNY HOWELL
Q 150 N. LAKESHORE DRIVE SCOTT ANDERSON
v p
OCOEE,FLORIDA 34761-2258 RUSTY JOHNSON
41.4 `J��� (407)656-2322 NANCY J.PARKER
Op GOOD CITY MANAGER
ELLIS SHAPIRO
•
General Fund
•
The General Fund is the principal operating fund of the City. The General Fund budget for FY99-00 is $16,635,965. All general tax revenues and
other receipts that are not allocated by law or contractual agreement to another fund are reported in this fund with the related expenditures.
General Fund accounts for the activity of sixteen departments.
•
Revenue Analysis
•
The graph on page 3 provides a comparison of revenue receipts in dollars for third quarter fiscal years 1998/1999 and 1999/2000. Revenue
receipts in dollars are higher for the current year due to the increased budget from last year. Current year revenue receipts are detailed on page 4
and charted on pages 5-7. Overall, General Fund revenue receipts at the end of this quarter are as anticipated with 78.9% realized compared to
80.1% at the end of third quarter last year.
Receipts for Property Taxes are $3,310,793 (96.33%) collected compared with $3,098,273 (97.3%) last year. Franchise Tax receipts consisting of
revenues from electric, telephone, gas, and cable are below anticipated at 62.8% realized. Revenue for Utility Taxes ($1,356,746) overall is below
anticipated with 67.63% of budgeted realized. Licenses and Permits are significantly above anticipated primarily due to the receipt of
Occupational Licenses, Electrical Permits, Plan Review Fees, and Right of Way Utilization Permits. Building Permit revenue is below anticipated
with 65 residential and 0 commercial building permits issued for third quarter FY2000 compared with 95 Residential and 0 Commercial for
FY1999. Three years of building permit activity are graphed on pages 8-9.
intergovernmental Revenues are funds received from other governmental agencies. Receipts for third quarter FY2000 are below anticipated with
72.9% realized. Operating Revenue for Windermere Fire protection is due in two installments- February and May, with the capital charge due in
October and March. Installments are current. The City entered into an interlocal agreement on May 19, 1998 with Orange County to provide fire
protection to the County of a specified contract area. The agreement commenced on June 1, 1998 and ends on September 30, 2000. For the
period June 1, 1998 through September 30, 1998 the City received base compensation of$100,000 from the County. Base compensation for fiscal
years 1999 and 2000 is $300,000 annually. The annual payments are to be made in ten monthly installments beginning on December 1st of each
PowT >
Reso tf.m;
MAYOR•COMMISSIONER
10.-coe9 "CENTER OF GOOD L/V/NG-PR/DE OF WEST ORANGE" S.SCOTT VANDERGRIFT
.% ' qrs,44 �'��� �
f�Y CITY OF OCOEE COMMISSIONERS
DANNYHOWELL
t"� a 150 N.LAKESHORE DRIVE • SCOTT ANDERSON
RUSTY JOHNSON
(,� ?V OCOEE, 07)656IDA 2322 34761-2258 NANCY J.PARKER
�� OF GOO�` CITY MANAGER
— ELLIS SHAPIRO
fiscal year. Installments have been received when due for this fiscal year. The COPS FAST Grant is a quarterly reimbursement grant. The third
quarter reimbursement request of$67,677 has not been received yet.
Revenues for Cigarette Tax ( $69,671) and State Revenue-Cigarette Tax ($235,138) are just below anticipated. County Six Cent Gas Tax (Local
Option Gas Tax), State Revenue- Gas Tax, and Half-Cent Sales Tax have been received as anticipated. Other Governmental Revenue consists of
the Local Law Enforcement Block Grant (LLEBG) and a $50,000 Byrne Grant for computers in the police department. This revenue is 89%
realized. The required 25% match for the Byrne Grant is reflected in the department expenditures.
Charges for Services consisting of zoning, annexation, development review, program activity and sale of maps and publication fees are 76.18%
realized. Fines and Forfeitures at 91% collected ($140,000) and False Alarm Fees at 113%collected ($6000) are above anticipated. Miscellaneous
Revenue consisting of returned check charges, special street lighting fees, and administrative fees for police security is 172% realized. The re-
budget revenue is designated for a) a laptop computer in the Fire department, b) an above ground lift in the Fleet Maintenance department, and c)
netting at Sorenson Field in the Recreation Department. Interest earnings are 128% realized with $138,365 received. Transfers in are slightly
above anticipated with 79% realized. .
Expenditure Analysis
Page 10 contains pie charts indicating the composition of expenditures for third quarter 1998/1999 and 1999/2000 for the General Fund. The
Budget versus Expenditure report (page I l) shows for each department, the amount spent and percentage of the budget the amount represents for
the quarter. The variation in the percentages represents the timing and types of expenditures for the departments, i.e.- dues, contracts and capital
items. Overall, expenditures for General Fund are 69% of budgeted.
Capital Outlay expenditures for General Fund are detailed on page 12. Blanket purchase orders continue to be utilized to help expedite receipt of
goods and services necessary for the day to day operations of the City. Budget transfers authorized by the City Commission from contingency
appear on page 13-14 for the quarter.
POW 2
•
•
CITY OF OCOEE
THIRD QUARTER
REVENUE COMPARISON
$4,000,000
$3,500,000
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000 —
o I I I-1 I-1
PROPERTY TAX FRANCHISE TAX UTILITY TAX LICENSE& INTER- CHARGES FOR FINES 8 MISCELLANEOUS TRANSFERS IN
PERMITS GOVERNMENTAL SERVICES FORFEITURES REVENUE
REVENUE
❑Fiscal Year 98-99 ■Fiscal Year 99-00
•
CITY OF OCOEE
REVENUE ANALYSIS REPORT
GENERAL FUND
THIRD QUARTER 1999-2000
REVENUE
3a RECEIVED ' :=z PERCENTAGE c>
� BUDGET=�==��'-
-. DESCRIPTION-_' AMOUNT': THIRD QUARTER REALIZED= ;'`A
BEGINNING CASH BALANCE $530,000 $530,000 100.00%
PROPERTY TAXES 3,437,020 3,310,793 96.33%
FRANCHISE TAXES 1,431,560 899,622 62.84%
UTILITY TAXES 2,006,000 1,356,746 67.63%
LICENSES AND PERMITS 1,085,100 821,537 75.71%
INTERGOVERNMENTAL REVENUE 5,322,375 3,883,915 72.97%
CHARGES FOR SERVICE 150,550 114,687 76.18%
FINES AND FORFEITURES 155,500 141,377 90.92%
MISCELLANEOUS REVENUE 212,400 268,800 126.55%
TRANSFERS IN 2,305,460 1,810,585 78.53%
GENERAL FUND TOTALS $16,635,965 $13,138,062 78.97%
4
•
Property Taxes Franchise Taxes
Third Quarter Third Quarter
o
3.7/0 37.2%
96.3% 62.8%
Franchise Fees are being received slightly
96.3% of Property Tax Revenue has below anticipated with 62.8% realized. Last
been received compared to 97.3% for year's third quarter receipts were 68.4% of
third quarter last year. the budgeted amount.
Utility Taxes Licenses and Permits
Third Quarter Third Quarter
32.4%
24.3%
67.6%
Utility Taxes are being received slightly
below anticipated with 67.6% realized. 75.7% of the revenue from licenses
This is slightly down from the 69.0% and permits has been°received. This
received last year at this time. is down from the 94.4/o realized last
year in the third quarter.
5
Intergovernmental Revenue Charges for Services
Third Quarter Third Quarter
27.0% 23.8%
• 73.0/0 76.2/0
73% of Intergovernmental Revenue has Charges for Services are being
been received. This is up slightly from realized slightly above anticipated
the 72.3% received for the third quarter with 76.2% received compared with
last vaar This is helnw antirinafPri
Fines and Forfeitures Miscellaneous Revenue
Third Quarter Third Quarter
9.1% 0.0%
way, i
90.9% ~fig''
100.0%
Fines and Forfeitures are above
anticipated with 90.9% received. This Over 100% of Miscellaneous
is down from 100% collected in third Revenues have been received.
6
Fund Transfers
Third Quarter
21.5%
78.5%
Fund Transfers are made on a
monthly basis and are as expected.
7
CITY OF OCOEE .
RESIDENTIAL BUILDING PERMIT ACTIVITY
50 - ...._... .
45
•
40
=
-
ir
eh
..:
..
35
•
30 .
a i
•
25 : M 4
•
\ 4: . :' E
y
•
,�4 • ` a M •� ?i .
1' s
15 .
\ • \ !
•
•
r K 5• a '. w
i
0 • 1 I I I a ,t I i sa i I r I I {
o U d N N .a 2 ' • Q N
Z Q LL d
N
•
®Fiscal Year 97-98 ®Fiscal Year 98-99 0 Fiscal Year 99-00
8
CITY OF OCOEE
COMMERCIAL BUILDING PERMIT ACTIVITY
5 •
•
4.5
••
3.5
•
•
•
2.5
2
1.5 •
•
•
0.5 • •
•
•
•
�e n
0 `x i - • -
I I i i .
October November December January February March April May June July August September
Fiscal Year 97-98 IN Fiscal Year 98-99 0 Fiscal Year 99-00
9
CITY OF OCOEE
THIRD QUARTER
EXPENDITURE COMPARISON
GENERAL FUND
FY 98/99-FY99-00
Fiscal Year 98-99 Fiscal Year 99-00
Third Quarter Expenditures Third Quarter Expenditures
Capital Outlay
Transfers Out
Capital Outlay 13 Oransfers Out p Y o
11 2/o
6.0% ° 1 % �•
�' = sys y & ff56`Y •a� rt ry r x K> 4� c r 4`�
w .r� v # z y trrx r ° ? }SJ e a7gss r ^ `
19.2/o t
3'ss s c �' rs5`' ��a rL r.T » r ctz f C. % 3 n a "'•"a
Operating y Operating 7
Expenses c' Expenses
16.0%
65.0% 68.6%
Personal Services Personal Services
10
CITY OF OCOEE
EXPENDITURE ANALYSIS REPORT
GENERAL FUND
THIRD QUARTER 1999/2000
'-' ,_ B:UDGET IEXPEN$ED AS OF:" PERCENT '.
�a ,Ye
DEPARTMENT AMOUNT`: SI THIRD:QUARTER USE® -` :.¢
511-00 Legislative $185,889 $112,539 61%
512-00 City Manager 212,315 154,252 73%
512-01 Community Relations 159,071 131,893 83%
512-02 Information Systems 236,470 152,770 65%
512-10 City Clerk 294,790 180,157 61
513-00 Finance Administration 458,631 314,084 68%
513-30 Human Resources 325,050 242,497 75%
514-00 Legal 285,000 136,505 48%
515-00 Planning 439,083 318,683 73%
516-00 General Government Services 2,190,682 1,446,167 66%
517-00 Public Works Administration 188,855 135,696 72%
519-00 Building Maintenance 311,975 217,742 70%
521-00 Law Enforcement 4,124,670 2,891,844 70%
522-00 Fire Control 3,067,845 2,255,596 74%
524-00 Protective Inspections 808,044 598,478 74%
529-00 Communications 507,330 346,693 68%
539-00 Cemetery 8,630 4,215 49%
541-10 Public Works-Traffic Operations 212,265 125,987 59%
541-20 Public Works-Street Maintenance 975,880 551,310 56%
541-30 Public Works-Park Maintenance 746,205 492,335 66%
541-40 Public Works-Fleet Maintenance 125,085 77,749 62%
546-00 Engineering 57,980 16,479 28%
572-00 Recreation 714,220 459,309 64%
TOTAL GENERAL FUND $16,635,965 $11,362,980 68%
11
CITY OF OCOEE
CAPITAL PURCHASES
GENERAL FUND
THIRD QUARTER 1999/2000
. BUDGETED..:.:.. AGTUAL ,.:�,`§'
E -NC�.
DEPARTMENT . , .ITEM PURCHASED'` AMOUNT- . :' ' ;COST=` ., ?DIFFERE
CITY CLERK LAPTOP COMPUTER $3,100.00 $3,100.00 $0.00
FIRE CONTROL MOBILE RADIO $2,700.00 $2,304.90 $395.10
FIRE CONTROL (2) MSA AIR PACKS $5,200.00 $4,704.68 $495.32
FIRE CONTROL SOFTWARE FIRE CODES $2,000.00 $2,034.83 ($34.83)
PW-PARK MAINTENANCE IRRIGATION WELL-PARKSIDE $6,000.00 $5,170.50 $829.50
PW-PARK MAINTENANCE. FENCE @ TIGER MINOR $3,000.00 $1,617.50 $1,382.50
PW-PARK MAINTENANCE TOP DRESSER $7,000.00 $9,450.00 ($2,450.00)
PW-PARK MAINTENANCE AERATOR $8,000.00 $4,950.00 $3,050.00
12
CITY OF OCOEE
GENERAL FUND
BUDGET TRANSFERS
FISCAL YEAR 1999-2000
THIRD QUARTER
:DEPARTMENTAL ACCOUNT NUMBER • AGCOUNT.NUMBER; AMOUNTOF
-BUDGET TRANSFER TRANSFERRED FROM .. TRANSFERRED TO TRANSFER '
LEGISLATIVE 001-516-00-4900 001-511-00-8200 $2,000.00 HISTORICAL TRIBUTE-
CONTINGENCY COMMUNITY PROMOTIONS OCOEE HIGH SCHOOL
LEGISLATIVE • 001-516-00-4900 001-511-00-8200 $2,000.00 DONATION TO ODYSSEY OF THE
CONTINGENCY COMMUNITY PROMOTIONS MIND PROGRAM
LEGISLATIVE 001-516-00-4900 001-511-00-8200 $1,000.00 SHIRTS FOR CITRUS
CONTINGENCY COMMUNITY PROMOTIONS ELEMENTARY SCHOOL
LEGISLATIVE 001-516-00-4900 001-511-00-8200 $1,500.00 OCOEE HIGH SCHOOL REUNION
CONTINGENCY COMMUNITY PROMOTIONS
LEGISLATIVE 001-516-00-4900 001-511-00-3128 $750.00 AD FOR OPENING OF WESTERN
CONTINGENCY PROFESSIONAL SERVICES OTHER BELTWAY
LEGISLATIVE 001-516-00-4900 001-511-00-5402 $6,644.08 WEST ORANGE AIRPORT
CONTINGENCY PROFESSIONAL DUES AUTHORITY
GENERAL GOVERNMENT 001-524-00-5290 001-516-00-4900 $3,255.84 RETURN UNUSED MOUSE TRAPS
ANIMAL CONTROL EXPENSE CONTINGENCY
FACILITIES MAINTENANCE 001-516-00-4900 001-519-00-6302 $4,550.00 A/C REPAIRS @ POLICE STATION
CONTINGENCY CAPITAL IMPROVEMENTS
PROTECTIVE INSPECTION 001-516-00-4900 001-524-00-5405 $300.00 CODE ENFORCEMENT BOARD
CONTINGENCY TRAINING EXPENSE MEMBER, DENISE LENKO TO
ATTEND FACE CONFERENCE
PUBLIC WORKS- PARKS 001-516-00-4900 001-541-30-5304 $5,000.00 BEACH SAND FOR STARKE LAKE
CONTINGENCY LANDSCAPE/TREE MAINT.
13
CITY OF OCOEE
GENERAL FUND
BUDGET TRANSFERS
FISCAL YEAR 1999-2000
THIRD QUARTER
DEPARTMENTAL . ACCOUNT NUMBER' ACC.OUNT.NUMBER r; ,AMO.UNT,.OF .
BUDGET TRANSFER 'TRANSFERRED FROM., TRANSFERRED TO TRANSFER'' _ EXPLANATION .x:a
PUBLIC WORKS-PARKS 001-516-00-4900 001-541-30-5304 $1,700.00 TREE REMOVAL @
CONTINGENCY LANDSCAPE/TREE MAINT. 126 N BLUFORD AVE.
PUBLIC WORKS- PARKS 001-516-00-4900 001-541-30-5304 $1,700.00 TREE REMOVAL @
CONTINGENCY LANDSCAPE/TREE MAINT. 20 E MCKEY ST.
•
14
MAYOR•COMMISSIONER
Ocoee "CENTER OF GOOD LIVING-PRIDE OF WEST ORANGE" S.SCOTT VANDERGRIFT
0 pci
COMMISSIONERS
CITY OF OCOEE DANNYHOWELL
150 N.LAKESHORE DRIVE SCOTT ANDERSON
D RUSTY JOHNSON
�, v OCOEE, 34761-2258
�y� ,�� (407)656-2322 NANCY J.PARKER
��Op GOO CITY MANAGER
ELLIS SHAPIRO
StormWater Utility Fund
The Stormwater fund accounts for the stormwater utility fee revenues and the related expenditures for drainage, stormwater, and other
related projects. Monthly fees are assessed at $5.00 per Equivalent Residential Unit (ERU). The Stormwater fund is divided into two
divisions- Utility Engineering and Utility Operations. The Utility Engineering division primarily accounts for expenditures related to
the studies and compliance requirements of the City's StormWater system. The Utility Operating division maintains over fifty
retention ponds This division is responsible for vegetation control in and around the ponds, swales and wet areas. This division
repairs the pipes, inlets and fencing that surrounds these areas. Currently there are 4'/2 employees in this fund. As of June 30, 2000
there were 8296 Stormwater accounts compared to 7847 accounts at June 30, 1999 representing a 6% increase in customer base. The
Stormwater fund budget for fiscal year 1999-2000 is $1,017,800.
Revenue Analysis
Current year revenue receipts are detailed on page 16 and charted on pages 17. Stormwater Fund revenues are 77.4% realized overall
compared to 76.8%for third quarter last year. Charges for Services ($781,453) are 77.2% realized compared with 74.5% for third
quarter last year. Interest Earnings are above anticipated with 107% realized.
Expenditure Analysis
Page 18 contains pie charts indicating the composition of expenditures for third quarter 1998/1999 and 1999/2000 for the Stormwater Fund. The
Budget versus Expenditure report (page 19) shows the amount spent and percentage of the budget the amount represents for the quarter.
Expenditures for the Stormwater Fund are 66% overall. Capital Outlay expenditures are detailed on page 20. Transfers are made monthly
for the debt service on the 1999 Capital Improvement Bond Issue. The annual debt service for this fiscal year is $210,490. Funds are
also transferred to the Utility Inspections division to cover the cost of the Drainage Inspector.
POW 15
Protect 2e's Vf'Ite:Resm.ITns
CITY OF OCOEE
REVENUE ANALYSIS
STORMWATER UTILITY FUND
THIRD QUARTER 1999-2000
REVENUE :BUDGET RECEIVED ":`, :` PERCENTAGE
DESCRIPTION : " AMOUNT THIRD QUARTER` .,REALIZD
CHARGES FOR SERVICES $1,012,800 $781,453 77.16%
MISCELLANEOUS REVENUE 5,000 6,627 132.54%
STORMWATER UTILITY FUND TOTALS $1,017,800 $788,080 77.43%
16
Stormwater Fund Revenues
Third Quarter
22.6%
•
77.4%
Stormwater Fund Revenues are
currently being received slightly
above anticipated, with77.4%
realized.
17
CITY OF OCOEE
THIRD QUARTER
EXPENDITURE COMPARISON
STORMWATER UTILITY FUND
FY98/99-FY99/00
Fiscal Year 98-99 Fiscal Year 99-00
Third Quarter Expenditures Third Quarter Expenditures
Personal Services Personal Services
Transfers Out 21.4% Transfers Out 24%
43.2% ,. a� any , r4, ::rsre % .. ',f a 3
-4 a`m�• ''�s" r >�` fir" ¢ y
��` S� �•s��i z� `Y ,, rr�&:' '�c � ,�.j� r� din � a
*,i ,?�;o`.^� -7.:" yi . :',,"y. x r w .-- a' 51% r .� y,x L j >�rrf �.: aY..
/ , „ 24%
r �4,; *,-,f, : - r y t 2 Operating
Capital Outlay Operating Capital Outlay 1% Expenses
Expenses
16.5% 18.9%
18
CITY OF OCOEE
EXPENDITURE ANALYSIS REPORT
STORMWATER FUND
THIRD QUARTER
1999/2000
�'‘'.::,•EXPENSED AS OF
DEPARTMENT AMOUNT:: THIRD QUARTER ; :`USED: :: i
538-10 Engineering/Inspections $605,040 $394,099 65%
538-20 Utility Operating 412,760 279,335 68%
TOTAL STORMWATER FUND $1,017,800 $673,434 66%
19
CITY OF OCOEE
CAPITAL PURCHASES
STORMWATER FUND
THIRD QUARTER 1999/2000
BUDGETED' • -ACTUAL. ;
DEPARTMENT ITEM PURCHASED" . AMOUNT COST DIFFERENCE
UTILITY OPERATING CONFINED SPACE SYSTEM $4,000.00 $3,985.00 $15.00
20
MAYOR•COMMISSIONER
Ocoee "CENTER OF GOOD LIVING-PRIDE OF WEST ORANGE" S.SCOTT VANDERGRIFT
O a COMMISSIONERS
w tar carat _ CITY OF OCOEE DANNY HOWELL
a 150 N.07)656 23 DRIVE SCOTT ANIONERS
DERSON
RUSTY JOHNSON
n� OCOEE,FLORIDA 34761-2258NANCY J.PARKER
:* y_y-ls'
(407)656 2322OF GO CITY MANAGER
ELLIS SHAPIRO
Water/Wastewater Utility Fund
The Water/Wastewater fund is an enterprise fund. Operations of this fund are financed and managed in a manner similar to private
business enterprise. This fund accounts for the operations of the City's water system and wastewater collection and treatment plant.
All activities necessary to provide these services are reported in this fund. The 1999-2000 budget for this fund is $5,336,320. There
were 8754 and 5238 water and wastewater customers at June 30, 2000 respectively compared to 8294 and 4806 customers at June 30,
1999. This represents a 6% increase for Water and a 9% increase for Wastewater customer base.
Revenue Analysis
Current year revenue receipts are detailed on page 22 and charted on pages 23. Revenue for the Water/Wastewater Fund is 76.9% realized
compared to 76.5% for third quarter last year. Water Utility Fees ($1,473,023) are 73% realized while Wastewater Utility Fees
($1,505,506) are 76% realized. Revenue and Maintenance Fees include annual and monthly billings for Water (92% realized) and
Wastewater (87% realized). Receipts for Water Connection Fees and Other Water Charges (cut-off/cut-on activity and late fees) are
48% and 75% respectively. The re-budget funds are designated for a) the public relations campaign and water rate study, b)
equipment in the Water Utilities division, and c) connection of the community center lift station in the Wastewater Utility division.
Interest earnings are 74% realized. Transfers In reflects the funds from the Stormwater fund for expenditures related to inspections
and the lease revenue from the General Fund for the site of the recreation facility.
Expenditure Analysis
Page 24 contains pie charts indicating the composition of expenditures for third quarter 1998/1999 and 1999/2000. The Budget versus
Expenditure report (page 25) shows the amount spent and percentage of the budget the amount represents for the quarter. Actual expenditures
for the third quarter are 67% overall. The public relations campaign and water rate study are funded in professional services in the
Administration division. A portion of the annual debt service payment for the 1997 bond issue is funded in the Water Operating and
Wastewater Operating divisions.
POW 21
CITY OF OCOEE
REVENUE ANALYSIS REPORT
WATER/WASTE WATER UTILITY FUND
THIRD QUARTER 1999-2000
" REVENUE - BUDGET ; s-RECEIVED°-: PERCENTAGE!
DESCRIPTION ,AMOUNT .:` ,: THIRD:QUARTER.: REALIZED
BEGINNING CASH BALANCE $475,000 $475,000 100.00%
TAXES 193,465 143,246 74.04%
CHARGES FOR SERVICES 4,386,000 3,286,366 74.93%
MISCELLANEOUS REVENUE 171,815 157,709 91.79%
TRANSFERS IN 110,040 43,542 39.57%
WATER UTILITY FUND TOTALS $5,336,320 $4,105,863 76.94%
22
Water/Wastewater
Fund Revenues
Third Quarter
23.1%
3 { nts �:YrY � 76.9%
Water and Wastewater revenues are
being received as anticipated. Both
water fees and waste water fees
collections reflect this with 73% and
76% realized.
23
CITY OF OCOEEE
THIRD QUARTER
EXPENDITURE COMPARISON
WATER/WASTEWATER UTILITY FUND
FY98/99-FY99/00
Fiscal Year 98-99 Fiscal Year 99-00
Third Quarter Expenditures Third Quarter Expenditures
35.9% Personal Services Transfers Out ° Personal Services
32.3/o
Transfers Out 36.9% 39.3%
r 4y y
a c. ki
; a r v A v
cu akGf a s H xa 1}r yy Jy$ pwx s.a Y
•
; , yr y - • - S
=`3 ryj 0.0%
3.1% 24 1% Capital Outlay
Capital Outlay Operating Expenses Operating Expenses
28.3/°
24
CITY OF OCOEE
EXPENDITURE ANALYSIS REPORT
WATER/WASTEWATER FUND
THIRD QUARTER 1999/2000
6UI GET: 'EXPENSED AS`OF.: PERCENT
DEPARTMENT AMOUNT THIRD;eQUARTER: v: , USED
531-00 WaterWastewater Administration $874,510 $486,916 56%
533-00 Water Operating 2,460,285 1,724,919 70%
535-00 Wastewater Operating 1,757,900 1,213,162 69%
537-00 Utility Inspections 243,625 130,224 53%
TOTAL WATER/WASTEWATER FUND $5,336,320 $3,555,221 67%
•
25
CITY OF OCOEE
WATER/WASTEWATER UTILITY FUND
BUDGET TRANSFERS
FISCAL YEAR 1999-2000
THIRD QUARTER
DEPARTMENTAL ACCOUNT NUMBER ACCOUNT NUMBER - AMOUNT OF
I• BUDGET TRANSFER TRANSFERRED FROM TRANSFERRED TO : TRANSFER EXPLANATION'.
WATER/WASTE WATER 401-531-00-4900 401-531-00-3128 $14,020.00 WATER USAGE ANALYSIS
ADMINISTRATION CONTINGENCY PROFESSIONAL SERVICES OTHER
26
MAYOR•COMMISSIONER
Ocoee "CENTER OF GOOD LIVING-PRIDE OF WEST ORANGE" S.SCOTT VANDERGRIFT
O�
/pp COMMISSIONERS
ci CITY OF OCOEE COMMISSIONERS
a Icb
150 N.LAKESHORE DRIVE SCOTT ANDERSON
RUSTY JOHNSON
r, OCOEE,FLORIDA 34761-2258 NANCY J.PARKER
'may �� (407)656-2322
l�4 OF GOO �`� CITY MANAGER
ELLIS SHAPIRO
Solid Waste Fund
The Solid Waste fund is an enterprise fund. Operations of this fund are financed and managed in a manner similar to private business
enterprise. This fund accounts for the collection of commercial and residential garbage which is disposed of at a landfill. All
activities necessary to provide such service are accounted for in this fund. The city contracts out the collection of commercial and
yard waste refuse. There were 7908 solid waste residential accounts at June 30, 2000 compared with 7669 accounts at June 30,1999
representing a 4% increase. The budget for fiscal year 1999-2000 is $1,598,000.
Revenue Analysis
Current year revenue receipts are detailed on page 28 and charted on pages 29. Solid Waste Fund revenues are 76.9% realized compared
with 76.6% for third quarter last year. Solid Waste Fees ($1,065,954) are 74% realized which is slightly below anticipated. Franchise
Fee revenue ($138,678) is 116% realized. This is due to the receipt of franchise fees outstanding from last year. Interest earnings
exceed expected with $20,990 realized.
Expenditure Analysis
Page 30 contains pie charts indicating the composition of expenditures for third quarter 1998/1999 and 1999/2000. The Budget versus
Expenditure report(page 31) shows the amount spent and percentage of the budget the amount represents for the quarter. Expenditures for the
third quarter are 63% of budgeted. Principal and interest payments for garbage trucks, a pick up truck, and a recycle truck are
budgeted in this fund.
POWT% 27
Prefect tlenee's Water Reswif :t,.
CITY OF OCOEE
REVENUE ANALYSIS REPORT
SOLID WASTE UTILITY FUND
THIRD QUARTER 1999-2000
REVENUE, BUDGETa" ;:: RECEIVED_.: : PERCENTAGE'
DESCRIPTION _ AMOUNT ': THIRD QUARTER. REALIZED
FRANCHISE FEES $120,000 $138,678 115.57%
INTER GOVERNMENT SERVICES 5,000 1,737 34.74%
CHARGES FOR SERVICES 1,450,000 1,066,024 73.52%
MISCELLANEOUS REVENUE 18,000 23,053 - 128.07%
TRANSFERS IN 5,000 0 0.00%
SOLID WASTE FUND TOTALS $1,598,000 $1,229,492 76.94%
28
Solid Waste Fund Revenues
Third Quarter
23.1%
76.9%
Solid Waste revenues are being received as
anticipated. 73.5% of solid waste fees have
been collected compared to 75% for third quarter
last year.
29
CITY OF OCOEE
THIRD QUARTER
EXPENDITURE COMPARISON
SOLID WASTE UTILITY FUND
FY98/99-FY99/00
Fiscal Year 98-99 Fiscal Year 99-00
Third Quarter Expenditures Third Quarter Expenditures
Transfers Out 33Ser Transfers Out 34.6%
Personal Services
14.8% 14.2% Personal Services
Capital � � r s! e %£ F �
almommo..__' �, }' Eea Capital Outlay x s` fY z
Outlay v x r T k •
� 4 y;•
0.0%
11.6% % • ,
.r:
Operating Expenses5 1
° Operating Expenses
39.8/o
30
CITY OF OCOEE
EXPENDITURE ANALYSIS REPORT
SOLID WASTE FUND
THIRD QUARTER 1999/2000
BUDGET." EXPENSED AS.OF. PERCENT ;,;
DEPARTMENT AMOUNT THIRD QUARTER, °= • .USED
534-10 Solid Waste-Residential $1,108,620 $709,867 64%
534-20 Solid Waste-Recycling 296,380 194,013 65%
534-30 Solid Waste-Yard Waste 193,000 108,624 56%
TOTAL SOLID WASTE UTILITY FUND $1,598,000 $1,012,504 63%
31
MAYOR•COMMISSIONER
Ocoee "CENTER OF GOOD LIVING-PRIDE OF WEST ORANGE" S.SCOTT VANDERGRIFT
O� 17:1)1
COMMISSIONERS
�, , CITY OF OCOEE DANNYHOWELL
w150 N.LAKESHORE DRIVE SCOTT ANDERSON
RUSTYJOHNSON
�, OCOEE,FLORIDA 34761-2258 NANCY J.PARKER
`yl (407)656-2322 L
E,p QfGOO •
CITY MANAGER
— ELLIS SHAPIRO
Supplemental Information
Capital projects financed through bond issues are tracked by phase and expenditures; these have been listed on pages 33-36. The Debt
Statement (page 37) details outstanding obligations of the City used to finance these projects and the source of security for the debt.
Currently, the City has $50,625,000 in outstanding debt. The investment portfolio which contained $26,390,078 at June 30, 2000 is
detailed on pages 38-40. Funds invested with Merrill Lynch and Raymond James are primarily in mutual funds. Funds invested with
SunTrust consist of government backed notes. All investments are in accordance with the City's adopted investment policy. Funds
necessary for operations are taken from the investments in a timely manner.
Impact Fee activity is detailed on pages 41-44 for Road, Fire,-Police, and Recreation. Debt Service is currently paid out of road
impact fees (Clarke Road and the 1998 Transportation Bond Issue), police impact fees (police building-current/future), fire impact
fees (fire stations), and recreation impact fees (recreation facility).
POW 32
Park;(:,(knee's -t r R4:Snurin3
•
CITY OF OCOEE
GENERAL CAPITAL PROJECTS
THIRD QUARTER
FY 1999-2000
"CUMULATIVE. r
• BUDGETED- EXPENSES :,?` ":PERCENT" ACTIVE/- °° START DATED
PROJECT NAME FUNDS,; . `AS='UF'6/30/p0 ?: "`_ .USED '. INACTIVE; CQMPLETION"
PUBLIC WORKS FACILITY $2,139,776 $1,617,073 75.6% ACTIVE 98-2000
FIRE STATION#1 $1,000,000 $33,348 3.3% ACTIVE 99-2001
POLICE STATION $1,000,000 $29,436 2.9% ACTIVE 99-2001
BEECH MULTIPURPOSE
FACILITY PHASE 2 $1,100,000 $277,540 25.2% ACTIVE 99-2000
PARK LAND-SOUTH $550,000 $478,881 87.1% ACTIVE 99-2000
33
CITY OF OCOEE
TRANSPORTATION CAPITAL PROJECTS •
THIRD QUARTER
FY 1999-2000
- BUDGETED - EXPENSES `., ''.PERCENT: ACTIVE/ = ' - START DATE/.
I . . PROJECT NAME ' FUNDS ' AS OF6-30-00 . . `-USED -:': ,:: INACTIVE COMPLETION
MAGUIRE ROAD - PHASE 1 $5,071,000 $2,092,720 41.3% ACTIVE 97-2000
MAGUIRE ROAD- PHASE 2 $2,740,727 $395,054 14.4% ACTIVE 98-2000
MAGUIRE ROAD - PHASE 3 $1,438,299 $288,058 20.0% ACTIVE 98-2000
MAINE STREET PROJECT $2,250,000 $30,670 1.4% ACTIVE 98-2000
PROFESSIONAL PKWY PROJECT $4,474,852 $100,005 2.2% ACTIVE 98-2000
WHITE RD/ORLANDO AVE PROJECT $500,000 $376,442 75.3% ACTIVE 98-2000
WURST ROAD PROJECT $600,000 $11,910 2.0% ACTIVE 99-2000
A.D. MIMS ROAD PROJECT $700,000 $19,559 2.8% ACTIVE 99-2000
MAGUIRE ROAD - PHASE 4 $1,411,602 $160,061 11.3% ACTIVE 99-2000
MAGUIRE ROAD - PHASE 5 $33,888 $37,506 110.7% ACTIVE 99-2000
34
CITY OF OCOEE
STORMWATER CAPITAL PROJECTS
THIRD QUARTER
FY 1999-2000
. .:: .-'
BUDGETED. EXPENSES ,`... PERCENT C . ACTIVE/; :,START DATE/,I
j PROJECT,NAME FUNDS ` AS OF 6-30-00: ' USED' INACTIVE COMPLETION 1
PIONEER KEY II $150,000 $32,773 21.8% ACTIVE 2000-2002
STARKE LAKE DRAIN WELLS $250,000 $0 0.0% ACTIVE 2000-2002
REFLECTIONS SUBDIVISION $70,000 $0 0.0% ACTIVE 2000-2002
PIONEER KEY I $66,566 $14,090 21.2% INACTIVE 97-??
BLUFORD AVE/ORLANDO AVE
INTERSECTION $59,139 $18,001 30.4% INACTIVE 97-??
FRANKLIN ST AREA $46,006 $17,825 38.7% INACTIVE 97-??
GROUP 4 PROJECTS $454,395 $65,546 14.4% INACTIVE 97-??
35
CITY OF OCOEE
WATER/WASTEWATER CAPITAL PROJECTS
THIRD QUARTER
FY 1999-2000
` CUiMULATIVE
` BUDGETED =: EXPENSES ' - PERCENT ACTIVE/. ' START DATE/
1 ' PROJECT NAME FUNDS. AS OF6-30-00., USED ' INACTIVE `:COMPLETION
WATER DISTRIBUTION SYSTEM
(PHASES I, II, III) $4,977,183 $3,220,849 64.7% ACTIVE 97-2000
REUSE WATER PROGRAM $3,857,000 $4,045,305 104.9% ACTIVE 97-2000
EFFLUENT DISPOSAL SYSTEM $432,400 $222,159 51.4% ACTIVE 98-2000
MAINTENANCE FACILITY $500,000 $268,013 53.6% ACTIVE 98-2000
REUSE RETROFIT PROGRAM $1,050,000 $109,895 10.5% INACTIVE 99-2000
MAGUIRE ROAD UTILITY LINE $500,000 $112,768 22.6% ACTIVE 99-2001
MISCELLANEOUS WTP PROJECTS $320,000 $17,760 5.6% ACTIVE 98-2000
36
CITY OF OCOEE
DEBT STATEMENT
AS OF JUNE 30, 2000
General General Fund Utility Fund Source
Obligation Revenue Revenue of
Direct City Debt Debt Debt Debt Security
Transportation Refunding and Local Option Gas Tax and
Improvement Revenue Bonds, Public Service Taxes
Series 1990 due 10/1/2015 $1,490,000
Stormwater Utility Bonds, Series 1996 $ 1,905,000 Stormwater Utility Fees
Capital Improvement Revenue Bond Covenant to budget and
Series 1999, due 10/01/2028 11,255,000 appropriate annually from
non-ad valorem revenues
and impact fees
•
Transportation Refunding and Local Option Gas Tax and
Improvement Revenue Bonds, Public Service Taxes
Series 1998, due 10/01/2017 19,105,000
Water and Sewer System Refunding Net Revenues and Impact
and Improvement Bonds, Series Fees
1993 due 10/1/2017 7,175,000
•
Water and Sewer System Improvement Net Revenues and Impact
Revenue Bonds, Series 1997 Fees
due 10/1/2027 9,695,000
Total Direct Debt $ -0- $ 31,850,000 $ 18,775,000
37
CITY OF OCOEE
INVESTMENTS
AS OF JUNE 30, 2000
INVESTED WITH FUND ACCOUNT rt RATE . MATURITY- `. AMOUNT :..
I. 'NUMBER DATE . ' : I
MERRILL LYNCH 001 -GENERAL FUND 762-04471 6.39 - $279,591.47
MERRILL LYNCH 103-STORMWATER UTILITY 762-04471 6.39 - $50,191.96
MERRILL LYNCH 106-ROAD IMPACT 762-04461 6.39 - $301,757.20
MERRILL LYNCH 106-ROAD IMPACT 762-04471 6.39 - $400,095.98
MERRILL LYNCH 106-ROAD IMPACT 762-04462 6.39 - $2,415,043.80
MERRILL LYNCH 107-FIRE IMPACT 762-04462 6.39 - $625,281.11
MERRILL LYNCH 107-FIRE IMPACT 762-04471 6.39 - $453,226.10
MERRILL LYNCH 108-POLICE IMPACT 762-04471 6.39 - $75,420.35
MERRILL LYNCH 110-RECREATION IMPACT 762-04462 6.39 - $305,510.31
MERRILL LYNCH 302-CAPITAL IMPROVEMENTS BOND 762-04471 6.39 - $1,142,336.18
MERRILL LYNCH 312-STORMWATER IMPROVEMENT 762-04471 6.39 - $148,800.31
MERRILL LYNCH 401 -WATER 0&M 762-04462 6.39 - $68,919.13
MERRILL LYNCH 401 -WATER 0&M 762-04471 6.39 - $230,081.96
MERRILL LYNCH 401 -WATER 0&M 762-04A31 6.39 - $182,116.64
MERRILL LYNCH 402-SOLID WASTE UTILITY - 762-04471 6.39 - $48,994.70
MERRILL LYNCH 404-WATER IMPROVEMENT 762-04462 6.39 - $135,416.09
MERRILL LYNCH 405-WASTE WATER CAPITAL FUND 762-04471 6.39 - $301,361.69
MERRILL LYNCH 406-WATER DEBT SERVICE 762-04A30 6.39 - $53,537.54
MERRILL LYNCH 407-WASTEWATER R&R 762-04471 6.39 - $627,866.59
MERRILL LYNCH 410-WATER R&R 762-04471 6.39 - $319,959.75
MERRILL LYNCH 410-WATER R&R 762-04462 6.39 - $349,268.70
TOTAL $8,514,777.56
38
CITY OF OCOEE
- INVESTMENTS
AS OF JUNE 30, 2000
!INVESTED WITH : FUND. ACCOUNT RATE ::.,MATURITY. AMOUNT
` NUMBER DATE . s!
RAYMOND JAMES 001 -GENERAL FUND .10041873 6.00 - $223,774.81
RAYMOND JAMES 401 -WASTEWATER 10041873 6.00 - $55,252.59
RAYMOND JAMES 404-WATER CAPITAL FUND 10041873 6.00 - $70,059.73
RAYMOND JAMES 405-WASTEWATER CAPITAL FUND 10041873 6.00 - $341,569.68
TOTAL $690,656.81
SUNTRUST 001 -GENERAL FUND 4444 5.18 10/27/00 $297,656.40
SUNTRUST 001 -GENERAL FUND 4444 4.94 09/18/00 $295,013.79
SUNTRUST 001 -GENERAL FUND 4444 6.07 10/26/00 $374,145.14
SUNTRUST 001 -GENERAL FUND 4444 5.61 07/06/00 $294,049.00
SUNTRUST 106-ROAD IMPACT 4444 5.19 02/23/01 $587,245.00
SUNTRUST 106-ROAD IMPACT 4444 5.18 10/27/00 $446,484.60
SUNTRUST 106-ROAD IMPACT 4444 6.01 09/15/00 $350,000.00
SUNTRUST 204-STORMWATER DEBT SERVICE 4522 5.32 10/19/01 $207,822.45
SUNTRUST 301 -TRANSPORTATION BOND 4494 4.94 09/18/00 $1,987,582.64
SUNTRUST 301 -TRANSPORTATION BOND 4494 5.85 07/13/00 $1,458,700.00
SUNTRUST 301 -TRANSPORTATION BOND 4494 6.45 11/30/00 $1,937,816.67
SUNTRUST 301 -TRANSPORTATION BOND 4494 5.22 10/13/00 $1,489,687.50
SUNTRUST 301 -TRANSPORTATION BOND 4494 6.16 11/06/00 $966,353.33
SUNTRUST 302-CAPITAL IMPROVEMENTS BOND 4444 5.12 11/24/00 $1,289,844.40
SUNTRUST 312-STORMWATER IMPROVEMENTS 4444 4.94 09/18/00 $24,584.48
SUNTRUST 315-CAPITAL PROJECTS 4444 5.27 01/12/01 $396,472.40
SUNTRUST 401 -WATER O&M 4444 4.94 09/18/00 $98,337.93
SUNTRUST 404-WATER CAPITAL 4444 4.94 09/18/00 $73,753.45
SUNTRUST 405-WATER/WASTEWATER CAPITAL 4444 5.19 02/23/01 $200,909.00 _
SUNTRUST 405-WATER/WASTEWATER CAPITAL 4444 6.01 09/15/00 $150,000.00 39
CITY OF OCOEE
INVESTMENTS
AS OF JUNE 30, 2000
!INVESTED WITH • FUND ACCOUNT RATE MATURITY AMOUNT ;::'
NUMBER DATE
SUNTRUST . 405-WATER/WASTEWATER CAPITAL 4444 4.94 09/18/00 $73,753.45
SUNTRUST 407-WASTEWATER R&R 4444 5.19 02/23/01 $200,909.00
SUNTRUST 407-WASTEWATER R&R 4444 6.01 09/15/00 $109,573.26
SUNTRUST 407-WASTEWATER R&R 4444 4.94 09/18/00 $55,676.48
SUNTRUST 412-WATERNVASTEWATER BOND 4494 5.21 11/02/00 $599,454.17
SUNTRUST 412-WATERNVASTEWATER BOND 4624 5.72 08/10/00 $777,876.89
SUNTRUST 412-WATERNVASTEWATER BOND 4624 5.61 07/06/00 $490,081.67
SUNTRUST 412-WATER/WASTEWATER BOND 4624 5.39 08/31/00 $493,389.86
SUNTRUST 412-WATERNVASTEWATER BOND 4624 6.07 10/12/00 $971,322.22
SUNTRUST 412-WATERNVASTEWATER BOND 4624 5.67 09/14/00 $486,148.47
TOTAL • $17,184,643.65
GRAND TOTAL $26,390,078.02
40
CITY OF OCOEE
IMPACT FEE STATUS REPORT
THIRD QUARTER - FISCAL YEAR 1999-2000
ROAD IMPACT FEES-FUND 106
BALANCE FORWARD $5,543,448
CURRENT QUARTER REVENUE $79,073
CURRENT QUARTER EXPENDITURE ($328,014)
ENCUMBERED ($17,600)
INTEREST EARNED $99,277
ENDING BALANCE AT 6/30/00 $5,376,184
41
CITY OF OCOEE
IMPACT FEE STATUS REPORT
THIRD QUARTER-FISCAL YEAR 1999-2000
FIRE IMPACT FEES-FUND 107
DISTRICT 1 DISTRICT 2 DISTRICT 3 DISTRICT 4 RESTRICTED
BALANCE FORWARD $382,123 $11,683 $450,756 $708,520 $45,579
CURRENT QUARTER REVENUE
RESIDENTIAL $903 $420 $8,634 $23,089 $5,652
NON RESIDENTIAL $33,262 $0 $1,558 $0 $0
TOTAL CURRENT QUARTER REVENUE $34,165 $420 $10,192 $23,089 $5,652
CURRENT QUARTER EXPENDITURE
RESIDENTIAL $18 $0 $0 $0 $0
NON RESIDENTIAL $0 $0 $0 $0 $0
TOTAL CURRENT QUARTER EXPENDITURE $18 $0 $0 $0 $0
ENCUMBERED $0 $0 $0 $0 $0
INTEREST EARNED $12,410 $378 $14,364 $22,409 $789
ENDING BALANCE AT 6/30/00 $428,716 $12,481 $475,312 $754,018 $52,020
** Restricted funds are comprised of Windermere R & R
42
CITY OF OCOEE
IMPACT FEE STATUS REPORT
THIRD QUARTER - FISCAL YEAR 1999-2000
POLICE IMPACT FEES-FUND 108
BALANCE FORWARD $253,825
CURRENT QUARTER REVENUE
RESIDENTIAL $11,599
NON RESIDENTIAL $10,243
TOTAL CURRENT QUARTER REVENUE $21,842
CURRENT QUARTER EXPENDITURE ($23,172)
ENCUMBERED $0
INTEREST EARNED $5,466
ENDING BALANCE AT 6/30/00 $257,961
43
CITY OF OCOEE
IMPACT FEE STATUS REPORT
THIRD QUARTER - FISCAL YEAR 1999-2000
RECREATIONAL IMPACT FEES -FUND 110
COMMUNITY NORTH EAST NORTH WEST SOUTH
BALANCE FORWARD $192,761 $135,683 $18,404 $222,971
CURRENT QUARTER REVENUE $5,280 $3,162 - $96 $1,080
CURRENT QUARTER EXPENDITURE ($2,670) $0 $0 $0
ENCUMBERED $0 $0 $0 $0
INTEREST EARNED $6,059 $4,594 $633 $7,601
ENDING BALANCE AT 6/30/00 $201,430 $143,439 $19,133 $231,652
44