Ord 1987-140 - Laserfiche WebLink

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San M:arcos Electric Utility Lower Colorado River Authority-Operating Agent Post Office Box 788 San Marcos, Texas 78666 . (512) 396-2451 Budget Overview Fiscal Year 1987-88 In accordance with the Operating Agreement between the Lower Colorado River Authority (LCRA) and the City of San Marcos (City), Article 2, Section 2.5, LCRA, Operating Agent for the City, is submitting the following budget for the City's Fiscal Year 87-88. The budget is presented in three main categories: 1. 2. Operating Budget San Marcos District Construction Budget 3. Support Services, Austin LCRA. The budget for FY 87-88 has been designed using the following procedure: 1. Analyzing expenses for the first five months of operations. This analysis included gathering all actual costs as recorded by LCRA's method of accounting; identifying other expenses that occurred during this time period but, through LCRAls method of accounting, will clear at a later date; considering any vacancies in staff during thi s time peri od that woul d effect projections; identi fy all labor costs that would be' billed to SMEU but, through LCRA's method of accounting, is not showing in actual expense; consi der any cost that woul d effect projecti on, that would normally be attributed to a monthly expense, but remained with LCRA due to overlap between October and November during takeover; considered any conditions that were out of the ordinary which would effect projection. After expenses for the first 5 months were accumulated, a twelve month projection was made. 2. 3. If projection in some areas was not realistic, past trends were considered, anticipated purchases reviewed and adjustments were made to compensate. Based on these projections and a basic 4.5% inflation factor, the fiscal year 87-88 budget was derived. 4.