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Ms. Neel provided the Hotel Occupancy Fund and Fund Summary, which <br />includes: <br />• Hotel/Motel revenue assumed 25% of FY19 actuals based on occupancy <br />levels during pandemic <br />• Shared one full-time head count with General Fund to fill part-time vacancy <br />Hotel Occur)ancv Fund Summary <br />Summary <br />FY19 <br />FY20 <br />FY21 <br />Revenue <br />$4.21VI <br />$2.61VI <br />$3.01VI <br />Total Expenditures <br />3.51VI <br />3.01VI <br />3.31VI <br />Fund Balance <br />640K <br />530K <br />494K <br />Fund Balance % <br />31.8% <br />26.0% <br />22.5% <br />Use of Cash Reserves <br />55 <br />200K <br />1200K <br />Ms. Neel provided information related to the following enterprise funds: <br />Electric Fund <br />• CUAB recommended no rate increase for FY21 <br />• Personnel Additions of a Complex Meter Technician, Senior Electrical <br />Engineer, Electrical Engineering Technician, and a Utility Financial Analyst in <br />the amount of $352,000 <br />• Operating Expense Additions for contract services, vehicle leases and <br />professional development in the amount of $133,000 <br />• Capital Outlay Additions for a bucket truck, transformer & substation test <br />equipment in the amount of $296,000 <br />Electric Fund Summary <br />Water/Wastewater Fund <br />• CUAB recommended a 5% Water rate and a 3% Wastewater rate increase in <br />FY21. <br />• Personnel Additions include a Crew Leader and an irrigation inspector in the <br />amount of $180,000 <br />• Operating Expense Additions for contract services and vehicle leases in the <br />amount $90,000 <br />• Capital Outlay Additions for SCADA system, tilt camera, maintenance Skid, <br />jet/vacuum truck, and hydro excavator in the amount of $470,000 <br />City of San Marcos <br />FYI <br />FY20 <br />FY21 <br />Revenue <br />$58.81VI <br />$62.31VI <br />$63.1 M <br />Expenses <br />59.51VI <br />62.5M <br />63.61VI <br />Ending Fund Balance <br />10.9M <br />10.0M <br />9.5M <br />DebtCovera e <br />1.28 <br />1.18 <br />1.20 <br />Ending Balance in Days of Operation <br />55 <br />64 <br />61 <br />Water/Wastewater Fund <br />• CUAB recommended a 5% Water rate and a 3% Wastewater rate increase in <br />FY21. <br />• Personnel Additions include a Crew Leader and an irrigation inspector in the <br />amount of $180,000 <br />• Operating Expense Additions for contract services and vehicle leases in the <br />amount $90,000 <br />• Capital Outlay Additions for SCADA system, tilt camera, maintenance Skid, <br />jet/vacuum truck, and hydro excavator in the amount of $470,000 <br />City of San Marcos <br />