Budget Message / Highlights - Metropolitan Water Reclamation ...

METROPOLITAN WATER RECLAMATION DISTRICT OF GREATER CHICAGO
2009 BUDGET
ALL FUNDS
SUMMARY OF REVENUE, EXPENDITURES, AND NETS ASSETS APPROPRIABLE (b)
2009 BUDGETED, 2008 ESTIMATED, AND 2007 ACTUAL
(In Thousands)
FUND
2009 BUDGETED
CORPORATE
CAPITAL
IMPROVEMENTS
BOND
CONSTRUCTION
STORMWATER
MANAGEMENT
RETIREMENT
(d)
BOND AND
INTEREST
(d)
RESERVE
CLAIM
(d)
TOTAL
Net Assets Appropriable $ 90,572.8 $ (410,824.3) $ 21,480.8 $ 24,423.0 $ 31,385.9 $ 129,891.0 $ 66,030.7 $ (47,040.1)
Net Assets Appropriated $ 69,728.6 $ (410,824.3) $ 21,480.8 $ 24,423.0 $ 31,385.9 $ 129,891.0 $ 66,030.7 $ (67,884.3)
Revenue 325,274.0 1,343,691.1 14,103.0 9,384.0 - 4,556.9 1,469.3 1,698,478.3
Appropriation $ 395,002.6 $ 932,866.8 $ 35,583.8 $ 33,807.0 $ 31,385.9 $ 134,447.9 $ 67,500.0 $ 1,630,594.0
2008 ESTIMATED
Beginning Net Assets $ 84,338.3 $ 207,859.4 $ 28,442.9 $ 18,241.2 $ 32,529.2 $ 76,714.3 $ 74,958.9 $ 523,084.2
Appropriable as adjusted (c)
Revenue (a) 352,092.1 57,837.4 4,154.0 16,637.7 - 102,453.5 2,471.8 535,646.5
Adjustment for 2008 receipts 9,605.3 - 1,663.2 2,900.3 - - - 14,168.8
Expenditures (355,462.9) (676,521.1) (12,779.3) (13,356.2) (32,529.2) (179,167.8) (11,400.0) (1,281,216.5)
Ending Net Assets
Appropriable $ 90,572.8 $ (410,824.3) $ 21,480.8 $ 24,423.0 $ - $ - $ 66,030.7 $ (208,317.0)
2007 ACTUAL
Beginning Net Assets $ 93,829.0 $ 291,857.4 $ 30,956.8 $ 20,678.8 $ 28,703.6 $ 150,596.2 $ 62,381.3 $ 679,003.1
Appropriable as adjusted (c)
Revenue 322,204.0 81,454.2 9,637.5 5,081.9 - 5,427.2 10,180.6 434,080.7
Expenditures (331,694.7) (165,452.2) (12,246.7) (7,519.5) (28,703.6) (156,023.4) (9,353.5) (710,993.6)
Ending Net Assets
Appropriable $ 84,338.3 $ 207,859.4 $ 28,347.6 $ 18,241.2 $ - $ - $ 63,208.4 $ 402,090.2
Notes:
Adjusted NAA 1/1/2008 $ 99,650.6 $ 30,835.4 $ 19,467.9
Adjustment (a) $15,312.3 2,392.5 1,226.7
(a) Adjustment to NAA required due to current 2008 estimate on collection of property tax levies and PPRT. See the Balance Sheets and Appropriable
Revenue statements 1/1/2008 for the Corporate (pages 93-94) and Construction (pages 100-101) Funds. The adjustment is reflected in the 2008 revenues.
(b) This statement is a summary presentation of pages 82-84, separating current revenue and net assets appropriable from the Revenue category.
(c) Ending net assets appropriable for one year are revised for accounting adjustments, equity transfers and changes in the amount of designations
to establish beginning net assets for the next year.
(d) Revenue for the Retirement, Reserve Claim, and Bond and Interest Funds does not include the current year tax levies which are reflected in the
next year's net assets appropriable.
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