2012 Budget - South Suburban Parks and Recreation

Estimated Budgeted Projected Projected Projected
2011 2012 2013 2014 2015
Beginning Total Cash Plus (Minus) Operations Cash 12,062,620 Projections 8,307,493 2011 6,750,250 to 2015 6,152,148 5,407,009
Plus Sale of Jamison 850,000
Plus Cherry Hills Village 757,371 740,000 740,000 740,000 740,000
Plus $14,000,000 Conservation Trust Fund 650,000 650,000 650,000 650,000 650,000
Plus Intergovernmental for capital 4,923,280 1,549,933
Less Capital (10,296,117) (4,154,059) (650,000) (650,000) (650,000)
Ending Total Cash 8,097,154 7,943,367 7,490,250 6,892,148 6,147,009
Less $12,000,000 Reserves
Debt Service Reserve 597,580 597,580 597,580 597,580 242,008
Insurance Reserve 1,000,000 1,000,000 750,000 500,000 500,000
Environmental $10,000,000 Reserve 158,717 169,000 180,000 191,000 200,000
7% reserve 2,241,574 2,216,041 2,420,785 2,449,390 2,478,293
Cherry Hills Village 3,223,575 2,847,850 3,062,850 3,277,850 3,492,850
Ending Unreserved Cash 875,708 1,112,896 479,035 (123,672) (766,142)
$8,000,000
GWV
2010 1 mill 249,000 945,370 3,045,000 5,145,000 7,245,000
2012 expenditures have been reduced $1,119,688 for water cost allocated to the 2010 1 mill. 2013 and 2014 do not continue this allocation
$6,000,000
$4,000,000
$2,000,000
$-
$(2,000,000)
2011 2012 2013 2014 2015
Beginning Total Cash Plus (Minus) Operations Ending Unreserved Cash
285