FY 07-08 Actual 08-09 Budget Proposed 09-10 Proposed 10-11 Proposed 11-12 Proposed 12-13
Revenues
     Vehicle Registration Revenue 2,088,220.63 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00 2,000,000.00
     Parking Fines 106,959.89 79,000.00 79,000.00 79,000.00 79,000.00 79,000.00
     Parking Meter Revenue 162,137.37 135,000.00 135,000.00 135,000.00 135,000.00 135,000.00
     Towing Fees 12,335.00 10,000.00 [1] 10,000.00 10,000.00 10,000.00 10,000.00
     Service Fees Revenue 10,519.00 6,500.00 6,500.00 6,500.00 6,500.00 6,500.00
       (Labor Hours, Barrel Rent, etc.)
     Returned Check Fee 325.00 650.00 650.00 650.00 650.00 650.00
Total Revenue 2,380,496.89 2,231,150.00 2,231,150.00 2,231,150.00 2,231,150.00 2,231,150.00
Operating Expenses
     Salary Pool 980,286.71 1,116,319.00 1,160,971.76 1,207,410.63 1,255,707.06 1,305,935.34
     Office Supplies 24,356.63 17,780.00 18,491.20 19,230.85 20,000.08 20,800.09
     Maintenance Supplies 7,678.56 11,232.00 11,681.28 12,148.53 12,634.47 13,139.85
     Motor Vehicle Supplies 7,666.15 7,060.00 7,342.40 7,636.10 7,941.54 8,259.20
     Uniforms 6,862.77 6,240.00 6,489.60 6,749.18 7,019.15 7,299.92
     Communication/Computers 16,224.53 16,000.00 16,000.00 16,000.00 16,000.00 16,000.00
     Printing and Binding 26,714.79 30,000.00 30,000.00 30,000.00 30,000.00 30,000.00
     Parking Software Conversion 200,000.00
     Building Improvements 200,000.00
     T2 Flex Software Support 41,000.00 41,000.00 41,000.00 41,000.00 41,000.00
     Travel/Training 41,908.07 35,370.00 35,370.00 35,370.00 35,370.00 35,370.00
     Repairs and Lot Maintenance 91,367.63 100,000.00 100,000.00 100,000.00 100,000.00 100,000.00
     Fixed Charges(Ins., Dues, Maint. 13,501.19 14,800.00 14,800.00 14,800.00 14,800.00 14,800.00
     Current Services/Bank Charges 67,956.39 62,238.00 62,238.00 62,238.00 62,238.00 62,238.00
     Equipment 7,486.48 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00
     Mandatory Univ Transfer Out 171,193.63 176,000.00[2] Bond Paid Off
     Police/Admin. Fees 18,515.65 195,520.00 203,341.00 211,474.00 219,933.00 228,731.00
     Transit 250,000.00 250,000.00 300,000.00 350,000.00 400,000.00 450,000.00
     Parking Study for Master Plan 100,000.00
     Parking Lot Upgrade/Construction
     Parking Deck Programming 500,000.00
     Parking Deck Construction 1,000,000.00
Total Operating Expenses 1,731,719.18 2,389,559.00 2,217,725.24 2,124,057.29 2,732,643.30 2,343,573.39
Net Profit/Loss  648,777.71 (158,409.00) 13,424.76 107,092.71 (501,493.30) (112,423.39)
Reserves FY 07-08 Actual 08-09 Budget Proposed 09-10 Proposed 10-11 Proposed 11-12 Proposed 12-13
     P&T Reserves 1,585,185.09
     Fines Reserves 1,602,297.54
     Capital Reserves 2,189,788.33
     Motor Pool Reserves 75,421.67
Total Reserves 5,452,692.63
     Less Fines Forfeiture 3,893,908.57
Total 1,558,784.06 1,558,784.06 1,400,375.06 1,413,799.82 1,520,892.53 1,019,399.23
     Add Net Profit/Loss   (158,409.00) 13,424.76 107,092.71 (501,493.30) 112,423.39
Anticipated Reserves Balance 1,400,375.06 1,413,799.82 1,520,892.53 1,019,399.23 1,131,822.62

[1]
MIZELLEK:
Towing was cut by 62%
[2]
MIZELLEK:
Bond will be paid off as of 2009 per Stephanie Coleman.