Quarterly Summary for the Twelve Months Ended September 30

Quarterly Summary for the Twelve Months Ended September 30, 2010 December 15, 2010 Report # 692

Released on: December 15, 2010

OFFICE OF THE COUNCIL AUDITOR

Suite 200, St. James Building

December 15, 2010

Special Report # 692

Honorable Members of the City Council City of Jacksonville Pursuant to Chapter 106 of the Ordinance Code, attached are the required financial statements and narratives for the fiscal year ended September 30, 2010 for the City and its Independent Agencies. The various reporting entities compiled these reports, which are not audited by the Council Auditor’s Office except for tests of reasonableness on a sample basis. Thus, our report does not represent an audit or attestation conducted pursuant to Government Auditing Standards. Municipal Code Sections 106.421 through 106.423 require this quarterly financial report. To meet the reporting dates specified by law, the Director of Finance or Chief Financial Officer of the City and each of its independent agencies were to submit their reports to the Council Auditor on or before November 30, 2010, and we are to submit the consolidated financial report by December 15, 2010. The footnotes attached to the statements and the narrative reports from the reporting entities are generally sufficient for understanding the statements presented; however, we have commented to provide further clarification. CITY OF JACKSONVILLE We noted that many of the City of Jacksonville’s various sub-funds presented in this quarterly report are financially challenged. The reader will note many of the same comments repeated for several Sub-funds. Our review consisted of the General Fund and 29 other Sub-funds. The General Fund and 9 of the other 29 Sub-funds reviewed experienced an unfavorable budget variance for the fiscal year. We are concerned regarding the cumulative negative effect of these sub-funds on the overall financial condition of the City. In an effort to assist the reader to comprehend more fully how the General Fund revenue and expenditures are divided among the various departments we have included two new schedules that show the revenue and expenditures broken out among the various departments in the City. (See pages 20 and 21 for the new schedules.) General Fund / General Services District As discussed in the Finance Director’s narrative, the General Fund incurred an unfavorable variance of ($7.0 million). Revenues were $10.5 million less than budgeted and expenditures were $3.5 million less than budgeted. The effect of the unfavorable variance is to reduce the City’s Operating Reserve by $7 million.

117 West Duval Street Jacksonville, Florida 32202-3701 Telephone (904) 630-1625 Fax (904) 630-2908 www.coj.net

Clerk of the Court (Sub-fund 016) The Sub-fund incurred an unfavorable variance of ($341,316) for the fiscal year after being subjected to a ($500,000) extraordinary lapse. The Sub-fund balance sheet shows negative cash and negative fund equity. The Clerk and the City need to take action to address this situation. Worthy of mention is the September 20, 2010 letter from Clerk of the Court Jim Fuller to Mayor Peyton giving ninety days written notice of his intention to terminate the February 6, 2008 Memorandum of Understanding between the City and Clerk. Parking Garage Revenue (Sub-fund 412) Sub-fund 412 is in poor financial condition. The Sub-fund incurred an unfavorable variance of ($752,277) for the fiscal year. The balance sheet for Sub-fund 412 shows a negative cash balance ($2,234,900) with current liabilities of $1,251,313. Stormwater Services (Sub-fund 461) Although it ended the fiscal year with a small favorable budget variance, the Sub-Fund shows negative cash of $13.7 million and current liabilities of $1.1 million. This is due to the timing of the stormwater services user fee bill. When the fee was placed on the tax bill, it resulted in user fees being collected in arrears. Therefore, the sub-fund will likely experience a negative cash balance for a portion of each fiscal year. Municipal Stadium (Sub-fund 4A0) The Municipal Stadium Sub-Fund incurred an unfavorable budget variance of ($68,159) for the fiscal year. The balance sheet shows that current liabilities exceed current assets by $611,749. Baseball Stadium (Sub-fund 4C0) The Baseball Stadium Sub-fund incurred an unfavorable budget variance of ($103,743) for the fiscal year. Times Union Performing Arts Center (Sub-fund 4D0) The Performing Arts Center Sub-fund incurred an unfavorable variance of ($169,806) for the fiscal year. The balance sheet shows a negative cash balance of ($95,911), Taxes and Other Receivables of $43,134, and current liabilities of $993,367. Equestrian Center (Sub-fund 4F0) The Equestrian Center Sub-fund incurred an unfavorable variance of ($109,085) for the fiscal year. The balance sheet shows a negative cash balance of ($394,090), Taxes and Other Receivables of $25,386, and current liabilities of $139,700. Fleet Management Operations (Sub-fund 511) The Fleet Management Operations Sub-fund incurred an unfavorable variance of ($626,398) for the fiscal year. The balance sheet shows a negative cash balance of ($172,321) and current liabilities of $2,342,254, which far exceed accounts receivable amounts totaling $1,036,841.

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Copy Center (Sub-fund 521) The Copy Center Sub-fund remains insolvent. Although the Sub-Fund experienced a favorable budget variance of $273,786 for the fiscal year, the balance sheet for the Copy Center shows a negative cash balance of ($11,056), negative total assets of ($6,650), current liabilities of $85,756 and negative fund equity of ($144,019). The Administration needs to take action to address this situation. ITD Operations (Sub-fund 531) The ITD Operations Sub-Fund incurred an unfavorable budget variance of ($193,974) for the fiscal year. The balance sheet for ITD Operations shows a negative cash balance of ($510,586) and current liabilities of $2,950,075. This Sub-fund does not have the financial capacity to meet its liabilities. The Administration needs to take action to address this situation. Communications (Sub-fund 533) The Communications Sub-Fund incurred an unfavorable budget variance of ($8,534) for the fiscal year. INDEPENDENT AGENCIES JEA Electric System The financial report for the fiscal year ended September 30, 2010 indicates that the Electric System experienced a balanced Fuel Fund and a Non-Fuel operating surplus of $4,715,192. However, JEA withdrew $64,474,378 from the Rate Stabilization Fund without which JEA would have shown a Fuel Fund deficit. It is JEA’s policy to maintain its Fuel Rate Stabilization Fund at a balance of 15% of annual fuel expense. Based on fuel expense for the year, this would equate to approximately $82 million. The Fuel Rate Stabilization balance at September 30, 2010 was $55,934,622, but this includes a board approved $35 million loan from the electric system base side to be repaid over three years. Annually, per the JEA Variable Fuel Rate Policy, the Variable Fuel Rate is calculated to incorporate changes in actual fuel cost and adjusted for the following fiscal year Fuel Fund Budget. JEA indicates that due to extreme weather, electric sales are higher than were budgeted for in fiscal 2009/2010. Consequently, JEA submitted a Bill (2010-662), enacted by City Council September 14, 2010, in order to increase total budgeted revenues and appropriations for fiscal 2009/2010 by $62,293,671 from $1,294,662,940 to $1,356,956,611 to pay for the projected increase in associated expenses. Sales exceeded this projection by $34,000,000 and JEA adjusted the budget to $1,390,956,611 and, by law, defeased additional debt with those funds. Water & Sewer System The financial report for the fiscal year ended September 30, 2010 shows that the Water & Sewer System produced an operating surplus of $9,207,197. JEA noted in the report that the surplus will be used to defease Water & Sewer System debt in November and March of fiscal year 2011.

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District Energy System District Energy System produced a fiscal year surplus of $233,239. JEA Capital Projects Per JEA, the majority of the favorable capital budget variance is due to the deferment or delay of projects. These projects will be funded by subsequent capital budgets.

Water and Sewer Expansion Authority WSEA’s quarterly summary for the 12 months ending September 30, 2010 indicates no budgetary stress. Jacksonville Transportation Authority The financial report of the Jacksonville Transportation Authority (JTA) for the fiscal year ended September 30, 2010 indicates considerable budgetary stress. Bus Operations suffered a loss of ($8,112,213) and the Engineering General Fund incurred a loss of ($2,893,790). These losses are primarily attributed to lower than budgeted revenue from sales tax. Although CTC Operations did not incur a loss, the balance sheet shows that current liabilities greatly exceed current assets and the fund has negative equity. Jacksonville Port Authority The Jacksonville Port Authority’s (JPA) financial report for the fiscal year ending September 30, 2010 indicates no budgetary stress. Jacksonville Aviation Authority The Jacksonville Aviation Authority’s (JAA) financial report for the fiscal year ending September 30, 2010 indicates that the JAA experienced no budgetary stress. Although the report indicates no year-end surplus or deficit, Net Income before transfers to Operating Capital Outlay, PFC Reserve and Retained Earnings was $16,398,913, with these funds being transferred to Operating Capital Outlay, PFC Reserve and Retained Earnings.

DEBT RATINGS In an effort to monitor any significant changes in debt ratings on outstanding debt issued by the City and its Independent Agencies, we asked that the Director of Finance and any Independent Agencies who issue bonds provide rating information on a quarterly basis. In reviewing this information, we noted that Moodys downgraded the City’s BJP Infrastructure pledge two notches from Aa2 to A1. The reason cited for the downgrade was a debt service coverage ratio that was not consistent with a AA pledge. This downgrade is directly attributable to the decrease in sales tax revenue. Please refer to pages 15 and 16 for a detailed list of individual bond ratings.

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FINANCIAL REPORTS The following financial reports are presented as prepared by the various reporting entities. NARRATIVES City of Jacksonville JEA Water and Sewer Expansion Authority Jacksonville Transportation Authority Jacksonville Port Authority Jacksonville Aviation Authority

PAGES 6-8 9 10 11-12 13 14

BOND RATINGS City of Jacksonville Independent Agencies Bond Rating Scale

15 16 17 – 19

FINANCIAL STATEMENTS Revenues and Expenditures by Department City of Jacksonville JEA Water and Sewer Expansion Authority Jacksonville Transportation Authority Jacksonville Port Authority Jacksonville Aviation Authority

20 – 21 22 – 52 53 – 63 64 – 66 67 – 71 72 – 73 74 – 75 Respectfully submitted,

Kirk A. Sherman, CPA Council Auditor

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6

7

8

November 23, 2010

SUBJECT:

QUARTERLY FINANCIAL SUMMARY – September 30, 2010

FROM:

Paul E. McElroy, Chief Financial Officer JEA

TO:

Mr. Kirk Sherman, CPA Council Auditor City Hall

The attached financial summary for JEA has been prepared in accordance with the instructions provided by the Council Auditor’s Office. For the year ended September 30, 2010, JEA contributed a record high $99.2 million to the City’s General Fund. JEA also paid to the City $79.5 million Public Service Tax and $38.6 million City of Jacksonville Franchise Fee for a total payment of $217.3 million which represents an increase of $12.6 million over prior year. The Electric System produced a positive fund balance of $4.7 million for the year ended September 30, 2010. This represents 0.56% of the annual operating budget. The Water and Sewer System produced a positive fund balance of $9.2 million for the year ended September 30, 2010. This represents 2.97% of the total annual operating budget. The fund balance was utilized to defease $8.5 million of debt in November 2010. The remaining $0.7 million of the fund balance will be used to defease debt in March 2011. The District Energy System produced a favorable fund balance of $233 thousand for the year ended September 30, 2010. JEA experienced higher than expected sales and revenues due in large part to weather conditions throughout the year. A colder than anticipated winter and significantly less annual rainfall than normal contributed to increased electric system and water system revenues, respectively. In accordance with the City Ordinance, JEA submitted an Electric System budget amendment to City Council reflecting the increased sales. The amendment was enacted September 14, 2010. Credit markets have regained some stability. JEA is actively monitoring the credit markets in order to efficiently manage debt and maintain access for new capital (debt). JEA has taken a proactive approach to mitigate the impact of the economic downturn on our business by reducing capital, as well as operating and maintenance expense spending. A schedule of JEA’s bond ratings as of September 2010 is included with this report.

Paul E. McElroy, Chief Financial Officer Attachments: As noted

9

October 21, 2010

MEMORANDUM

TO:

Kirk Sherman, CPA Council Auditor

FROM:

Fred C. Odom, P.E. Executive Director

SUBJECT: Quarterly Financial Summary ending September 2010 ______________________________________________________________________ The attached financial summary for WSEA has been prepared in accordance with the instructions provided by the Council Auditor’s Office. Operating Budget: Our fiscal year 2009 - 2010 operating budget consists of benefits and salaries, supplies and other operating expenses from JEA and the payment to the city loan pool. We are within budget on all of these items. See attached monthly and quarterly report. Capital Budget: The pilot project in Lincoln Villas Phase 1 is complete and will be available for connection by December 2010. The WSEA also received a 2008 CIBR grant from the State in the amount of 300K for Lincoln Villas Phase 2. We have secured those funds and we are in the process of putting legislation together to move forward with Lincoln Villa Phase 2 and use of this grant funding. The EPA required an Environmental Information Document (EID) to spend federal funding to show that there aren’t environmental impacts to the Lincoln Villa area. We have completed that and turned it into EPA for review. We believe they are considering a Categorical Exclusion, which will speed the approval process up. Please see the attached WSEA capital spreadsheet for projects that have been appropriated through City Council with the status of each project, and the project costs. To date, City Council has approved $4,840,644.57 for these projects, and total expenditures on completed projects are $3,842,511.04. As always, please feel free to contact me at 665-5125 or 571-2397 if you have any questions or would like additional information.

21 West Church Street, T-16 • Jacksonville, FL 32202 Office: 904-665-449610• Fax: 904-665-4238 Web site: www.wsea.org

JACKSONVILLE TRANSPORTATION AUTHORITY P.O. DRAWER "O"

TELEPHONE 904/630-3181

• 100 N. MYRTLE AVENUE • JACKSONVILLE, FLORIDA 32203

November 24, 2010

Mr. Kirk Sherman, CPA Council Auditor City Hall - Suite 200 117 West Duval Street Jacksonville, Florida 32202

Dear Mr. Sherman: Enclosed are the quarterly reports for the Jacksonville Transportation Authority for the year ended September 30, 2010. Engineering/Highway Division General Fund Sales tax receipts for the fiscal year were $63.6 million as compared to the budget amount of $68.8 million. This is a $5.2 million shortfall, or 7.6%. We do not expect a turnaround in the next fiscal year until lagging indicators such as the unemployment rate improve. General fund expenditures in total were under budget by $3.3 million. The primary reason was the sales tax outflow for State of Florida and Better Jacksonville Plan bonds. Less sales tax revenues translate into less sales tax transferred out for debt service on those bonds. Though under budget, the General Fund finished the year with revenues falling short of expenditures by $2.9 million. The current assets balance of $33.3 million includes a receivable of $20.7 million due from The City of Jacksonville for completed BJP work that has been invoiced but unpaid. $13.6 million of this unreimbursed amount has been outstanding since 2008.

Mass Transit Division Bus Operations Bus Operations’ expenditures for the year ended September 30th were under budget by $5 million or 6.9%. As a net number, after eliminating transfers between funds, this level of spending was consistent with the prior year, and down $11.1 million from the year before that. continued

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JTA-Providing Transportation Solutions www.RideJTA.net

JACKSONVILLE TRANSPORTATION AUTHORITY P.O. DRAWER "O"

TELEPHONE 904/630-3181

• 100 N. MYRTLE AVENUE • JACKSONVILLE, FLORIDA 32203

Mr. Kirk Sherman, CPA November 24, 2010 – Page 2 Bus operations’ revenues were $13.1million under budget. This is down $13.7 million from last year and down $13.2 million from two years ago. While cost containment has helped to decrease expenses, the revenue shortfall has been even greater, resulting in the $8.1 million deficit for the fiscal year.

Automated Skyway Express (ASE) Skyway finished the year under budget by $709K (or 14%) due to cost containment and personnel transfers. The majority of the favorable variance was centered in salaries and fringes. Compared to the same period last year, Skyway under spent by $1 million.

Connexion (CTC) Expenditures for our Connexion service (providing transportation to the disabled population) were under budget for the year by $1,582. Compared to the same period a year ago, Connexion’s expenses are only 0.4% higher ($52K). Our eligibility center continues to evaluate riders for participation in the paratransit system and is one of the leading reasons that costs have stabilized. Please call me at 630-3116 if you have any questions concerning the above. Sincerely,

Thomas E. Cerino Controller

12

JTA-Providing Transportation Solutions www.RideJTA.net

13

November 24, 2010

Mr. Kirk Sherman, CPA Council Auditor City Hall at St. James, Suite 200 117 W. Duval Street Jacksonville, FL 32202

RE:

Quarterly Report

Dear Mr. Sherman: The attached financial summary for the Jacksonville Aviation Authority has been prepared in accordance with the instructions provided by the Council Auditor’s Office. Enclosed is the Unaudited Quarterly Report of the Jacksonville Aviation Authority for the twelve months ended September 30, 2010. Operating Revenues were $59.3 million which results in a negative variance of $2,414,722. Operating Expenditures were $38.6 million which results in a positive variance of $5.3 million. The fiscal year end closes with a positive Operating Income variance of $2.88 million. The Jacksonville Aviation Authority is in a good financial position and has experienced no budgetary stress during the fiscal year. If you have any questions or need additional information, please call Jill Schneider at 741-3756.

Sincerely,

Richard A. Rossi Chief Financial Officer

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BOND CLASSIFICATION

FROM

TO

MOODY'S

S&P

FITCH

Issuer Credit Rating (Implied GO)

1997 2000 2004 2008

1999 2003 2007 Current

Aa2 Aa2 n/a Aa3

AA n/a n/a AA

AA n/a n/a AA

Covenant Bonds

2008

Current

Aa3

AA-

AA-

Revenue Bonds

1997 2000 2001 2003 2004 2005 2006 2008

1999 2000 2002 2003 2004 2005 2007 Current

A1 A1 Aa3 Aa2 / A2 Aa2 / A2 Aa3 / A1 Aa3 / A1 Aa3 / A1

A+ A+ A+ AA / AAAA- / A AA- / A AA- / A+ AA- / A

A+ AA AA AA / AAAA / AAAA / AAAA / AAAA / A+

Better Jacksonville Plan

1997 2000 2001 2007 2009

1999 2000 2006 2008 Current

n/a n/a Aa3 Aa3 Aa3

n/a n/a A+ AAAA-

n/a n/a AA AA AA-

Commercial Paper Notes

2002 2004 2010

2003 2009 Current

n/a n/a P-1

n/a A-1+ n/a

n/a n/a n/a

15

Bond Ratings for Independent Agencies As of September 30, 2010 Fitch

S&P

Moody

JEA Uninsured Long Term Electric Senior Electric Subordinated

AAAA-

AAA+

Aa2 Aa3

Uninsured Short Term Electric Subordinated Commercial Paper Electric Subordinated Bonds

F1+ F1+

A-1+ A-1

P-1 VMIG-1

Uninsured Long Term SJRPP

AA-

AA-

Aa2

Uninsured Long Term Water and Sewer Senior (*) Water and Sewer Subordinated (*)

AA AA

AAAA-

Aa2 Aa2

Uninsured Short Term Water and Sewer Senior Bonds

F1+

A-1+

VMIG-1

District Energy System Bulk Power Supply System Bonds (**) Long Term (***) Short Term

AAA+ F1+

AAN/A

Aa2 Aa2 VMIG-1

Jacksonville Port Authority Revenue Bonds- Series 2000 (Uninsured) Revenue Bonds - Series 2006 (****) Revenue Bonds - Series 2008

A N/A A

Not Rated Not Rated Not Rated

A2 N/A A2

A A A A

AAAA-

A2 A2 A2 A2

Jacksonville Airport Authority JAA Revenue Bonds- Series 2003A JAA Revenue Bonds- Series 2003B JAA Revenue Refunding Bonds- Series 2005 JAA Revenue Bonds -Series 2006

Source: JEA- Helen Kehrt, Treasurer JPA- Michael Poole, Deputy Executive Director and Chief Financial Officer JAA- Diane Pinkerman, Acting Controller * During the 3rd quarter Fitch and Moody's upgraded the Senior and Subordinated Water and Sewer long term bond ratings to AA from AA- and from Aa3 to Aa2 respectively. ** JEA issued debt for environmental improvements at the Scherer Plant in FY2009. *** The Fitch rating on this issue was downgraded from AA- to A+. Per JEA, this bond issue has a letter of credit and the rating downgrade is a reflection of a reduction in the bank's rating (State Street), not JEA's rating.

****JPA paid off the 2006 Revenue Bonds in November of 2009.

.

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Long-Term Bond Ratings Moody's Aaa

S&P AAA

Fitch AAA

Definitions Prime Maximum Safety

Aa1 Aa2 Aa3

AA+ AA AA-

AA+ AA AA-

High Grade High Quality

A1 A2 A3

A+ A A-

A+ A A-

Upper Medium Grade

Baa1 Baa2 Baa3

BBB+ BBB BBB-

BBB+ BBB BBB-

Lower Medium Grade

Ba1

BB+

BB+

Non Investment Grade

Ba2 Ba3

BB BB-

BB BB-

Speculative

B1 B2 B3

B+ B B-

B+ B B-

Highly Speculative

Caa1

CCC+

CCC

Substantial Risk

Caa2 Caa3

CCC CCC-

-

In Poor Standing

Ca

-

-

Extremely Speculative

C

-

-

Maybe in Default

-

D -

DDD DD D -

Default

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Short-Term Bond Ratings Moody's This designation denotes A-1 superior credit quality. Excellent protection is afforded by established cash flows, highly reliable liquidity support, or demonstrated broad based access to the market for refinancing.

S&P A short-term obligation rated F-1 'A-1' is rated in the highest category by S&P. The obligator's capacity to meet its financial commitment on the obligation is strong. Within this category, certain obligations are designated with a plus sign (+). This indicates that the obligor's capacity to meet its financial commitment on these obligations is extremely strong.

Fitch Indicates the strongest capacity for timely payment of financial commitments relative to other issuers or issues in the same country. Under their national rating scale, this rating is assigned to the "best" credit risk relative to all others in the same country and is normally assigned to all financial commitments issued or guaranteed by the sovereign state. Where the credit risk is particularly strong, a "+" is added to the assigned rating.

VMIG2

This designation denotes A-2 strong credit quality. Margins of protection are ample, although not as large as in the preceding group.

A short-term obligation rated F-2 'A-2' is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher rating categories. However, the obligator's capacity to meet its financial commitment on the obligation is satisfactory.

Indicates a satisfactory capacity for timely payment of financial commitments relative to other issuers or issues in the same country. However, the margin of safety is not as great as in the case of the higher ratings.

VMIG3

This designation denotes A-3 acceptable credit quality. Liquidity and cash-flow protection may be narrow, and market access for refinancing is likely to be less well-established.

A short-term obligation rated F-3 'A-3' exhibits adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation.

Indicates an adequate capacity for timely payment of financial commitments relative to other issuers or issues in the same country. However, such capacity is more susceptible to near-term adverse changes than for financial commitments in higher rated categories.

VMIG1

18

Short-Term Bond Ratings SG

Moody's This designation denotes B speculative-grade credit quality. Debt instruments in this category may lack sufficient margins of protection.

S&P A short-term obligation rated B 'B' is regarded as having significant speculative characteristics. The obligor currently has the capacity to meet its financial commitment on the obligation; however, it faces major ongoing uncertainties which could lead to the obligor's inadequate capacity to meet its financial commitment on the obligation.

Fitch Indicates an uncertain capacity for timely payment of financial commitments relative to other issuers or issues in the same country. Such capacity is highly susceptible to near-term adverse changes in financial and economic conditions.

C

A short-term obligation rated C 'C' is currently vulnerable to nonpayment and is dependent upon favorable business, financial, and economic conditions for the obligor to meet its financial commitment on the obligation.

Indicates a highly uncertain capacity for timely payment of financial commitments relative to other issuers or issues in the same country. Capacity or meeting financial commitments is solely reliant upon a sustained, favorable business and economic environment.

D

A short-term obligation rated D 'D' is in payment default. The 'D' rating category is used when payments on an obligation are not made on the date due even if the applicable grace period has not expired, unless S&P believes that such payments will be made during such grace period. The 'D' rating also will be used upon the filing of a bankruptcy petition or the taking of a similar action if payments on an obligation are jeopardized.

Indicates actual or imminent payment default.

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CONSOLIDATED CITY OF JACKSONVILLE QUARTERLY FINANCIAL SUMMARY FOR THE QUARTER ENDED SEPTEMBER 30, 2010 GENERAL FUND GSD - 011 REVENUE - VARIOUS DEPARTMENTS

Variance Favorable (Unfavorable)

Revised Budget

Actuals

470,085,407

476,531,734

1,131,466

1,057,830

(73,636)

39,444,236

39,842,249

398,013

129,456,900

126,878,390

(2,578,510)

8,067,732

8,052,071

(15,661)

FEDERAL GRANTS

94,150

108,094

13,944

FEDERAL PAYMENTS IN LIEU OF TAXES

30,000

23,685

(6,315)

AD VALOREM TAXES SALES AND USE TAXES FRANCHISE FEES UTILITY SERVICE TAXES BUSINESS TAXES

STATE GRANTS STATE SHARED REVENUES CONTRIBUTIONS FROM OTHER LOCAL UNITS

6,446,327

297,000

410,488

129,200,828

118,716,464

(10,484,364)

113,488

99,187,538

99,187,528

(10) (1,404,891)

GENERAL GOVERNMENT

10,443,725

9,038,834

PUBLIC SAFETY

18,371,568

19,204,387

832,819

218,360

387,439

169,079

HUMAN SERVICES

1,965,015

1,452,114

(512,901)

CULTURE AND RECREATION

1,725,860

1,796,461

70,601

0

2,044

2,044

28,072,129

27,222,548

(849,581)

1,391,863

914,706

(477,157)

PHYSICAL ENVIRONMENT

COURT-RELATED REVENUES OTHER CHARGES FOR SERVICES JUDGMENT AND FINES VIOLATIONS OF LOCAL ORDINANCES

865,186

646,777

(218,409)

1,893,614

1,435,151

(458,463)

10,995,038

10,353,436

(641,602)

1,070,732

1,321,339

DISPOSITION OF FIXED ASSETS

75,000

15,129

(59,872)

CONTRIB & DONATIONS FROM PRIVATE SOURCES

75,000

6,917

(68,083)

OTHER MISCELLANEOUS REVENUE

13,956,063

14,973,761

1,017,698

CONTRIBUTIONS FROM OTHER FUNDS

16,105,830

17,502,984

1,397,154

6,944,462

3,556,484

(3,387,977)

991,164,702

980,639,045

(10,525,657)

OTHER FINES AND/OR FORFEITS INTEREST, INCL PROFITS ON INVESTMENTS RENTS AND ROYALTIES

DEBT PROCEEDS

20

250,607

CONSOLIDATED CITY OF JACKSONVILLE QUARTERLY FINANCIAL SUMMARY FOR THE QUARTER ENDED SEPTEMBER 30, 2010 GENERAL FUND GSD - 011 EXPENDITURES BY DEPARTMENT

ADVISORY BOARDS CENTRAL OPERATIONS

Revised Budget

Actuals plus Encumbrances

Variance Favorable (Unfavorable)

425,687

456,475

(30,788)

21,910,868

20,422,136

1,488,732

CITY COUNCIL

9,685,321

8,931,577

753,743

COURTS

1,579,035

1,293,736

285,299

20,219,454

19,234,019

985,434

ENVIRONMENTAL & COMPLIANCE FINANCE FIRE AND RESCUE GENERAL COUNSEL HUMAN RIGHTS COMMISSION

8,718,108

8,399,765

318,343

166,893,436

165,730,063

1,163,373

717,156

720,026

1,310,784

1,242,854

(2,870) 67,929

MAYOR'S OFFICE

2,074,510

2,084,743

(10,233)

MEDICAL EXAMINER

3,162,368

2,882,202

280,166

359,555,225

352,822,948

6,732,277

8,741,515

8,428,588

312,927

OFFICE OF THE SHERIFF PLANNING AND DEVELOPMENT PUBLIC DEFENDER

944,505

944,146

359

PUBLIC HEALTH

732,899

281,497

451,402

PUBLIC LIBRARIES

42,316,450

41,626,557

689,892

PUBLIC WORKS

83,207,559

80,497,509

2,710,050

RECREATION & COMMUNITY SERVICES

49,393,213

48,362,026

1,031,187

441,159

359,181

81,978

9,068,555

6,211,970

2,856,585

JACKSONVILLE CITYWIDE ACTIVITIES

46,437,671

71,296,901

(24,859,230)

TRANSFERS OUT - DEBT

67,622,828

59,638,898

7,983,930

TRANSFERS OUT

85,571,962

85,368,081

203,881

990,730,267

987,235,899

3,494,368

STATE ATTORNEY SUPERVISOR OF ELECTIONS

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CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 011 - GENERAL FUND - GSD BALANCE SHEET INFORMATION ASSETS

LIABILITIES

Pooled Cash and Investments Taxes and other Receivable, Net

40,655,582.18 29,892,919.95

Due from Other Government Units

47,199,352.83

Inventories Other Current Assets

7,113,498.72 58,667,903.10

Current Liabilities Other Liabilities

43,755,837.93 80,160,648.55

TOTAL LIABILITIES

123,916,486.48

FUND EQUITY Beginning of Year

48,497,879.07

Current Yr Less Encumbrances

4,001,392.51

Reserves and Encumbrances

7,113,498.72

TOTAL FUND EQUITY TOTAL ASSETS

183,529,256.78

59,612,770.30

TOTAL LIABILITIES FUND EQUITY

183,529,256.78

BUDGET INFORMATION REVISED BUDGET

Y-T-D ACTUAL

Y-T-D ENCUMB.

VARIANCE

Taxes

640,118,009

644,310,204

0

4,192,195

Licenses and Permits Intergovernmental Revenue

8,067,732 129,621,978

8,052,071 119,258,732

0 0

(15,661) (10,363,246)

Charges for Services

60,796,657

59,103,826

0

(1,692,831)

Fines and Forfeits Miscellaneous Revenue

4,150,663 26,171,833

2,996,634 26,670,581

0 0

(1,154,029) 498,748

+ Fav / - Unfav

REVENUE

Other Sources

6,944,462

3,556,484

0

(3,387,977)

Transfers From Other Funds

16,105,830

17,502,984

0

1,397,154

Transfers From Component Units

99,187,538

99,187,528

0

(10)

991,164,702

980,639,045

0

(10,525,657)

Salaries Lapse

380,002,809 (8,067,029)

370,717,511 0

7,504 0

9,277,794 (8,067,029)

Employer Provided Benefits

167,870,567

166,636,920

0

Internal Service Charges Other Operating Expenses

73,995,932 149,890,705

74,146,693 132,799,559

0 7,790,858

TOTAL

REVENUE

EXPENDITURES

Library Materials

1,233,647 (150,760) 9,300,287

3,809,736

3,719,601

0

90,135

Capital Outlay

10,373,061

6,292,900

1,546,723

2,533,438

Debt Service Grants and Aids

67,622,828 31,604,885

59,638,898 31,270,365

0 87,479

7,983,930 247,041

Supervision Allocation

(1,142,986)

Indirect Cost Transfers to Other Funds Other Extraordinary Lapse Banking Fund Debt Repayment Fiscal and Other Debt Fees TOTAL

EXPENDITURES

0

(635,581)

8,936,376 104,929,795

8,936,376 104,443,437

0 0

0 486,357

6,562,827

1,713,715

0

4,849,112

0

0

(21,771,389)

15,315,266 796,884

17,257,550 737,214

0 0

(1,942,284) 59,670

990,730,267

977,803,335

9,432,564

(21,771,389)

22

(507,405)

3,494,368

CURRENT YEAR

434,435

FUND BALANCE TRANSFERS

311,658

CARRYOVERS CONTINGENCIES

0 (11,852,757)

RESERVE - PRIOR YEAR ENCUMBRANCES

11,106,664

BUDGET DIFFERENCE

0

23

2,835,710

(9,432,564)

(7,031,289)

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 015 - PROPERTY APPRAISER BALANCE SHEET INFORMATION ASSETS

LIABILITIES

Pooled Cash and Investments

1,153,372.99

Current Liabilities

345,534.30

TOTAL LIABILITIES

345,534.30

FUND EQUITY Beginning of Year Current Yr Less Encumbrances

578,916.94 228,921.75 807,838.69


1,153,372.99


1,153,372.99


Y-T-D ACTUAL

Y-T-D ENCUMB.

VARIANCE + Fav / - Unfav

REVENUE Charges for Services Miscellaneous Revenue Transfers From Other Funds TOTAL

REVENUE

349,766

341,157

0

(8,609)

74,331

114,394

0

40,063

8,496,946

8,496,946

0

0

8,921,043

8,952,497

0

31,454

EXPENDITURES Salaries

5,765,234

5,549,601

0

215,633

Lapse Employer Provided Benefits

(137,094) 1,776,377

0 1,760,167

0 0

(137,094) 16,210

Internal Service Charges

1,043,160

1,147,750

0

(104,590)

Other Operating Expenses Capital Outlay

1,045,290 72,501

740,739 70,540

12,000 0

292,552 1,961

4,807

4,779

0

28

9,570,275

9,273,576

12,000

284,700

(12,000)

316,154

Banking Fund Debt Repayment TOTAL

EXPENDITURES CURRENT YEAR

(649,232)


550,000

CARRYOVERS

0

CONTINGENCIES

0


99,232

BUDGET DIFFERENCE

0

24

(321,078)

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 016 - CLERK OF THE COURT BALANCE SHEET INFORMATION ASSETS

LIABILITIES

Pooled Cash and Investments Due from Other Government Units

(955,967.75) 591,569.64

Current Liabilities

69,722.18

TOTAL LIABILITIES

69,722.18


(92,804.66) (341,315.63) (434,120.29)


(364,398.11)


(364,398.11)


Y-T-D ACTUAL

Y-T-D ENCUMB.


REVENUE Charges for Services

2,524,770

Miscellaneous Revenue

11,739

Transfers From Other Funds TOTAL

REVENUE

2,547,394 (32,916)

0

22,624

0

(44,655)

1,063,700

1,063,700

0

0

3,600,209

3,578,178

0

1,186,431

1,121,626

0

64,805

0 419,860

0 0

(39,903) 21,911

(22,031)

EXPENDITURES Salaries Lapse Employer Provided Benefits

(39,903) 441,771 1,026,142

979,666

0

46,476



492,596 1

413,852 0

0 0

78,744 1

Supervision Allocation

220,000

211,319

0

8,681

Indirect Cost

773,171

773,171

0

0

0

(500,000)

3,919,494

0

(319,285)

0

(341,316)

Extraordinary Lapse TOTAL

(500,000)

EXPENDITURES

3,600,209 CURRENT YEAR

0


0

CARRYOVERS

0

CONTINGENCIES

0


0

BUDGET DIFFERENCE

0

25

(341,316)

0

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 017 - TAX COLLECTOR BALANCE SHEET INFORMATION ASSETS

LIABILITIES


4,323,357.76

Current Liabilities

569,402.52

TOTAL LIABILITIES

569,402.52


1,334,289.62 2,419,665.62 3,753,955.24


4,323,357.76


4,323,357.76


Y-T-D ACTUAL

Y-T-D ENCUMB.



REVENUE

9,811,555

9,537,345

0

(274,210)

99,069

317,886

0

218,817

3,856,019

3,856,019

0

0

13,766,643

13,711,250

0

(55,393)


8,808,370

8,291,786

0

516,584


(573,963) 2,865,760

0 2,730,107

0 0

(573,963) 135,653


1,321,016

1,183,690

0

137,326


2,582,554 2,174,986

2,269,282 46,594

98,564 121,446

214,708 2,006,946

243,069

239,271

0

3,798

17,421,792

14,760,729

220,010

2,441,053

(3,655,149)

(1,049,479)

(220,010)

2,385,660

Banking Fund Debt Repayment TOTAL

EXPENDITURES CURRENT YEAR FUND BALANCE TRANSFERS

3,469,145

CARRYOVERS

0

CONTINGENCIES

0


186,004

BUDGET DIFFERENCE

0

26

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 159 - BUILDING INSPECTION BALANCE SHEET INFORMATION ASSETS

LIABILITIES


1,654,869.28 0.00

Current Liabilities

550,919.04

TOTAL LIABILITIES

550,919.04


712,015.93 391,934.31 1,103,950.24


1,654,869.28


1,654,869.28


Y-T-D ACTUAL

Y-T-D ENCUMB.



6,673,656

6,516,367

0

Fines and Forfeits

100,740

112,806

0

12,066


234,570

285,211

0

50,641

7,008,966

6,914,384

0

(94,582)

TOTAL

REVENUE

(157,289)


5,231,419

5,060,485

0

170,934


(158,249) 1,701,832

0 1,675,704

0 0

(158,249) 26,128


1,534,369

1,372,312

0

162,057

673,584 3

563,742 0

1,100 0

108,742 3 0

Other Operating Expenses Capital Outlay Supervision Allocation

0

0

0

Indirect Cost

595,233

595,233

0

0

Banking Fund Debt Repayment

781,717

598,845

0

182,872

10,359,908

9,866,321

1,100

492,488

(3,350,942)

(2,951,937)

(1,100)

397,906

TOTAL


3,343,871

CARRYOVERS

0

CONTINGENCIES

0


7,071

BUDGET DIFFERENCE

0

27

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 191 - JACKSONVILLE CHILDREN'S COMMISSION BALANCE SHEET INFORMATION ASSETS

LIABILITIES


2,720,488.82

Current Liabilities

416,127.42

TOTAL LIABILITIES

416,127.42


955,679.26 1,348,682.14 2,304,361.40


2,720,488.82


2,720,488.82


Y-T-D ACTUAL

Y-T-D ENCUMB.


REVENUE Miscellaneous Revenue Transfers From Other Funds TOTAL

REVENUE

435,667

496,784

0

61,117

21,058,173

21,058,173

0

0

21,493,840

21,554,957

0

61,117

2,499,289

2,334,716

0

164,573

0

0

(138,608)

666,611 636,722

686,941 754,712

0 0

(20,330) (117,990)

2,070,226

1,476,827

444,314

149,085

9,923 13,415,567

0 11,942,476

9,054 1,070,098

869 402,993

3,009,672

3,009,672

0

0

948

930

0

18

22,170,350

20,206,275

1,523,466

440,609

1,348,682

(1,523,466)

501,726

EXPENDITURES Salaries Lapse

(138,608)

Employer Provided Benefits Internal Service Charges Other Operating Expenses Capital Outlay Grants and Aids Transfers to Other Funds Banking Fund Debt Repayment TOTAL


(676,510)


0

CARRYOVERS

0

CONTINGENCIES

0


676,510

BUDGET DIFFERENCE

0

28

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 411 - PUBLIC PARKING SYSTEM BALANCE SHEET INFORMATION ASSETS

LIABILITIES

Pooled Cash and Investments Capital Assets, Net

291,034.87 4,262,368.78


223,031.65 164,592.80

TOTAL LIABILITIES

387,624.45


4,228,387.65


(62,608.45)


4,553,403.65

4,165,779.20


4,553,403.65


Y-T-D ACTUAL

Y-T-D ENCUMB.



2,227,749

1,904,861

0

(322,888)

683,075

551,107

0

(131,968)

27,751 5,300

29,811 5,300

0 0

2,943,875

2,491,080

0

1,347,815

1,101,629

0

246,186

0

0

(116,884)

475,942 307,211

427,633 260,430

0 1

48,309 46,780

Other Operating Expenses

444,634

330,780

66,220

47,634

Capital Outlay

198,465

0

0

198,465

Indirect Cost Transfers to Other Funds

157,042 377,711

157,042 377,711

0 0

0 0

3,191,936

2,655,226

66,221

470,490

(66,221)

17,694

Fines and Forfeits Miscellaneous Revenue Transfers From Other Funds TOTAL

REVENUE

2,060 0 (452,795)


(116,884)

Employer Provided Benefits Internal Service Charges

TOTAL


(248,061)


198,464

CARRYOVERS

0

CONTINGENCIES

0


49,597

BUDGET DIFFERENCE

0

29

(164,146)

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 412 - PARKING GARAGE REVENUE BALANCE SHEET INFORMATION ASSETS

LIABILITIES


(2,234,900.12) 4,983,737.72


1,251,313.11 994,839.21

TOTAL LIABILITIES

2,246,152.32


(2,954,042.76)


3,456,728.04


2,748,837.60

502,685.28


2,748,837.60


Y-T-D ACTUAL

Y-T-D ENCUMB.



1,646,027

927,002

0

(719,025)

(82,180)

0

(82,180)

377,711

377,711

0

2,023,738

1,222,533

0

(801,205)

393,318 1,364,265

327,935 1,372,500

8,220 0

57,163 (8,235)

263,682

263,682

0

0

5,300

5,300

0

0

2,026,565

1,969,417

8,220

48,928

(8,220)

(752,277)


0


REVENUE

0

EXPENDITURES Other Operating Expenses Debt Service Indirect Cost Transfers to Other Funds TOTAL


(2,827)


0

CARRYOVERS

0

CONTINGENCIES

0


2,827

BUDGET DIFFERENCE

0

30

(746,884)

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 431 - MOTOR VEHICLE INSPECTION BALANCE SHEET INFORMATION ASSETS

LIABILITIES


57,334.08 60,887.00

Inventories


8,261.27

Capital Assets, Net

30,396.59 45,790.48

TOTAL LIABILITIES

33,423.59

76,187.07


63,010.76


20,708.11


159,905.94

83,718.87


159,905.94


Y-T-D ACTUAL

Y-T-D ENCUMB.


REVENUE Charges for Services Miscellaneous Revenue TOTAL

REVENUE

449,481

431,028

0

(18,453)

3,500

5,895

0

2,395

452,981

436,923

0

(16,058)

263,482

EXPENDITURES 261,553

0

1,929


Salaries

(7,958) 90,276

0 90,881

0 0

(7,958) (605)


35,295

11,928

0

23,367

Other Operating Expenses Indirect Cost

43,079 90,731

17,506 90,731

2,205 0

23,369 0

514,905

472,598

2,205

40,103

(61,924)

(35,674)

(2,205)

24,045

TOTAL


59,939

CARRYOVERS

0

CONTINGENCIES

0


1,985

BUDGET DIFFERENCE

0

31

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 441 - SOLID WASTE DISPOSAL BALANCE SHEET INFORMATION ASSETS

LIABILITIES


2,674,170.51 23,500,984.08

Due from Other Government Units Capital Assets, Net Other Deferred Charges


23,834.70

8,280,916.39 37,238,257.82

TOTAL LIABILITIES

17,541,160.24 19,991,476.03

45,519,174.21


16,509,533.70


1,702,917.65


63,731,625.56

18,212,451.35


63,731,625.56


Y-T-D ACTUAL

Y-T-D ENCUMB.



REVENUE

45,228,482

44,470,824

0

(757,658)

1,155,007

1,013,870

0

(141,137)

21,417,409

21,417,409

0

67,800,898

66,902,103

0

(898,795)

(1,577) (338,174)

0


3,889,306 (338,174)

3,890,883 0

0 0


2,006,511

2,020,050

0

(13,539)


3,714,269 58,873,545

4,107,711 52,536,629

0 4,191,500

(393,443) 2,145,416

Capital Outlay

2

0

0

2

Debt Service

5,555,560

5,131,411

0

424,149

Supervision Allocation Indirect Cost

(378,072) 1,388,761

(378,072) 1,388,761

0 0

0 0

750,000

750,000

0

0

75,461,708

69,447,373

4,191,500

1,822,834

(7,660,810)

(2,545,270)

(4,191,500)

Transfers to Other Funds TOTAL


1,650,000

CARRYOVERS

0

CONTINGENCIES

0


6,010,810

BUDGET DIFFERENCE

0

32

924,039

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 461 - STORMWATER SERVICES BALANCE SHEET INFORMATION ASSETS

LIABILITIES


(13,702,115.42) 32,789,812.15


1,099,461.84 7,587,895.00

TOTAL LIABILITIES

8,687,356.84


10,357,058.63


43,281.26


19,087,696.73

10,400,339.89


19,087,696.73


Y-T-D ACTUAL

Y-T-D ENCUMB.



28,101,452


95,000


REVENUE

28,034,663 (268,500)

0

(66,789)

0

(363,500)

1,293,851

1,293,851

0

0

29,490,303

29,060,014

0

(430,289)

39,972 (200,465)


6,464,741 (200,465)

6,424,769 0

0 0


2,384,231

2,355,043

0


1,803,028 5,098,018

2,928,374 4,051,105

0 757,216

Capital Outlay Indirect Cost Transfers to Other Funds Banking Fund Debt Repayment TOTAL


1

0

0

1

1,138,296

1,138,296

0

0

12,119,145 1,507,898

12,119,145 0

0 0

0 1,507,898

30,314,893

29,016,733

757,216

540,945

(757,216)

110,655

(824,590)

FUND BALANCE TRANSFERS CARRYOVERS

29,188 (1,125,346) 289,697

0 (222,788)

CONTINGENCIES

0


1,047,378

BUDGET DIFFERENCE

0

33

43,281

CONSOLIDATED CITY OF JACKSONVILLE QUARTERLY FINANCIAL SUMMARY - FUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 4A0 - MUNICIPAL STADIUM BALANCE SHEET INFORMATION ASSETS

LIABILITIES

Pooled Cash and Investments Taxes and other Receivable, Net Capital Assets, Net

8,630,773.00 297,532.77


190,449,718.18

Other Deferred Charges

9,540,054.67 144,835,000.00

TOTAL LIABILITIES

30,116.81

154,375,054.67


46,375,584.30


(1,342,498.21)


199,408,140.76

45,033,086.09


199,408,140.76


Y-T-D ACTUAL

Y-T-D ENCUMB.


REVENUE Taxes

6,766,136

6,560,692

0

(205,444)


4,209,521

3,719,338

0

(490,183)

5,285,412 25,832,271

5,759,405 25,571,072

0 0

473,993 (261,199)

42,093,340

41,610,507

0

(482,833)

1,543,142

1,523,971

0

19,171

553,000

422,509

0

130,492

237,446 9,576,588

185,814 9,498,691

0 0

51,632 77,897

43,005

0

0

43,005

11,388,163 18,857,640

11,233,046 18,857,640

0 0

155,117 0

0

0

(62,639)

41,721,671

0

414,674

0

(68,159)

Miscellaneous Revenue Transfers From Other Funds TOTAL

REVENUE

EXPENDITURES Salaries Employer Provided Benefits Internal Service Charges Other Operating Expenses Capital Outlay Debt Service Transfers to Other Funds Extraordinary Lapse TOTAL

(62,639)

EXPENDITURES


(43,005)


0

CARRYOVERS

0

CONTINGENCIES

0


43,005

BUDGET DIFFERENCE

0

34

(111,164)

CONSOLIDATED CITY OF JACKSONVILLE QUARTERLY FINANCIAL SUMMARY - FUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 4B0 - MEMORIAL ARENA BALANCE SHEET INFORMATION ASSETS

LIABILITIES


7,048,351.49 570,528.76


108,422,562.22


6,855,429.97 107,556,582.86

TOTAL LIABILITIES

146,807.63

114,412,012.83


929,925.45


846,311.82


116,188,250.10

1,776,237.27


116,188,250.10


Y-T-D ACTUAL

Y-T-D ENCUMB.



4,917,419

4,797,487

0

(119,932)


2,764,870

3,699,237

0

934,367

Other Sources Transfers From Other Funds

8,148,952 1,712,235

8,056,757 1,712,235

0 0

(92,195) 0

17,543,476

18,265,716

0

722,240

1,328,813

1,291,564

0

37,249

418,311

316,931

0

101,380


121,533 5,685,477

123,803 6,227,406

0 0

(2,270) (541,929)

Debt Service

8,148,952

8,124,255

0

24,697

Transfers to Other Funds Extraordinary Lapse

1,871,597 (31,207)

1,871,597 0

0 0

0 (31,207)

TOTAL

REVENUE

EXPENDITURES Salaries Employer Provided Benefits

TOTAL

EXPENDITURES

17,543,476

17,955,556

0

(412,080)

CURRENT YEAR

0

310,160

0

310,160


0

CARRYOVERS

0

CONTINGENCIES

0


0

BUDGET DIFFERENCE

0

35

CONSOLIDATED CITY OF JACKSONVILLE QUARTERLY FINANCIAL SUMMARY - FUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 4C0 - BASEBALL STADIUM BALANCE SHEET INFORMATION ASSETS

LIABILITIES


1,684,438.10 14,033.68


28,043,956.14


1,619,764.68 28,288,874.81

TOTAL LIABILITIES

6,129.49

29,908,639.49


(180,307.59)


20,225.51


29,748,557.41

(160,082.08)


29,748,557.41


Y-T-D ACTUAL

Y-T-D ENCUMB.



398,495

425,878

0

27,383


168,973

226,159

0

57,186

2,153,069 1,181,198

2,128,709 1,018,904

0 0

(24,360) (162,294)

3,901,735

3,799,651

0

(102,084)

240,912

265,069

0

(24,157)

56,685

60,393

0

(3,708)

1,199 1,003,349

229 979,137

0 0

970 24,212

Other Sources Transfers From Other Funds TOTAL

REVENUE


26,910

26,909

0

1

2,153,069 452,022

2,146,544 452,022

0 0

6,525 0

0

0

(5,502)

3,930,302

0

(1,659)

0

(103,743)

(5,502)

EXPENDITURES


(26,909)


0

CARRYOVERS

0

CONTINGENCIES

0


26,909

BUDGET DIFFERENCE

0

36

(130,651)

CONSOLIDATED CITY OF JACKSONVILLE QUARTERLY FINANCIAL SUMMARY - FUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 4D0 - PERFORMING ARTS CENTER BALANCE SHEET INFORMATION ASSETS

LIABILITIES


(95,911.42) 43,134.69


24,478,644.71


993,367.10 1,012,283.00

TOTAL LIABILITIES

8,528.02

2,005,650.10


23,360,182.86


(931,436.96)


24,434,396.00

22,428,745.90


24,434,396.00


Y-T-D ACTUAL

Y-T-D ENCUMB.


REVENUE Charges for Services Miscellaneous Revenue Other Sources Transfers From Other Funds TOTAL

REVENUE

1,938,898

1,759,608

0

(179,290)

597,086

543,109

0

(53,977)

51,568 1,384,452

51,312 1,384,452

0 0

(256) 0

3,972,004

3,738,480

0

(233,524)


627,328

631,356

0

(4,028)


156,200

149,317

0

6,883

44,789 2,658,873

44,966 2,540,262

0 0

Internal Service Charges Other Operating Expenses Capital Outlay

(177) 118,611

5,420

5,419

0

Debt Service Transfers to Other Funds

51,568 447,839

94,545 447,839

0 0

(42,977) 0

Extraordinary Lapse

(14,594)

0

0

(14,594)

3,913,705

0

63,718

0

(169,806)

TOTAL

EXPENDITURES


(5,419)


0

CARRYOVERS

0

CONTINGENCIES

0


5,419

BUDGET DIFFERENCE

0

37

(175,225)

1

CONSOLIDATED CITY OF JACKSONVILLE QUARTERLY FINANCIAL SUMMARY - FUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 4E0 - CONVENTION CENTER BALANCE SHEET INFORMATION ASSETS

LIABILITIES


929,135.99 24,835.56


18,675,593.41


549,653.29 .42

TOTAL LIABILITIES

6,174.78

549,653.71


19,728,850.38


(642,764.35)


19,635,739.74

19,086,086.03


19,635,739.74


Y-T-D ACTUAL

Y-T-D ENCUMB.


REVENUE Taxes

4,503,995

4,238,095

0

(265,900)


945,862

794,644

0

(151,218)

Miscellaneous Revenue Transfers From Other Funds

963,650 800,892

933,311 800,892

0 0

(30,339) 0

7,214,399

6,766,942

0

(447,457)

TOTAL

REVENUE


1,021,863

982,963

0

38,900

305,000

280,170

0

24,830

85,066 1,904,994

86,478 1,761,737

0 0

(1,412) 143,256

10,954

10,875

0

0 4,073,403

15,581 3,649,910

0 0

(15,581) 423,493

0

0

(16,223)

6,787,714

0

597,342

0

149,885

(16,223)

EXPENDITURES


(170,657)


157,729

CARRYOVERS

0

CONTINGENCIES

0


12,928

BUDGET DIFFERENCE

0

38

(20,772)

79

CONSOLIDATED CITY OF JACKSONVILLE QUARTERLY FINANCIAL SUMMARY - FUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 4F0 - EQUESTRIAN CENTER BALANCE SHEET INFORMATION ASSETS

LIABILITIES


(394,090.73) 25,386.04


13,738,547.31


139,700.79 2,491,805.26

TOTAL LIABILITIES

1,941.19

2,631,506.05


11,516,831.44


(776,553.68)


13,371,783.81

10,740,277.76


13,371,783.81


Y-T-D ACTUAL

Y-T-D ENCUMB.



387,522

203,077

0

(184,445)


194,130

77,464

0

(116,666)

143,393 1,078,090

122,518 1,078,090

0 0

(20,875) 0

1,803,135

1,481,149

0

(321,986)

Other Sources Transfers From Other Funds TOTAL

REVENUE


342,984

267,452

0

75,532


97,000

65,324

0

31,676


62,866 806,661

44,086 571,333

0 0

18,780 235,328

Capital Outlay

(37,584)

Debt Service Transfers to Other Funds

143,393 401,555

Extraordinary Lapse

(51,325)

EXPENDITURES

0

0

(51,325)

0

(3,134)

1,765,550

1,552,649

0

212,901

0

(109,085)

37,585


0

CARRYOVERS

0

CONTINGENCIES

0

BUDGET DIFFERENCE

(43,004) (50,952) 0

3,134

CURRENT YEAR


0 0 0

0

Fiscal and Other Debt Fees TOTAL

5,419 194,345 401,555

(37,585) 0

39

(71,500)

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 511 - FLEET MGMT - OPERATIONS BALANCE SHEET INFORMATION ASSETS

LIABILITIES


(172,321.15) 435.69

Due from Other Government Units

1,036,406.28

Inventories Capital Assets, Net

1,489,641.84 1,226,154.23


2,342,254.69 1,203,111.65

TOTAL LIABILITIES

3,545,366.34


(470,570.27)


505,520.82


3,580,316.89

34,950.55


3,580,316.89


Y-T-D ACTUAL

Y-T-D ENCUMB.


REVENUE 37,254,502

36,658,474

0

(596,028)



526,171

281,141

0

(245,030)

Other Sources

367,450

367,450

0

38,148,123

37,307,064

0

(841,059)

324,930 (184,015)

TOTAL

REVENUE

0


5,442,102 (184,015)

5,117,172 0

0 0


1,946,701

1,892,195

0


925,259 28,285,414

1,228,431 26,870,111

0 1,173,123

434,443

434,440

0

3

0

0

0

0

1,446,857 98,813

1,446,857 18,584

0 0

0 80,229

38,395,574

37,007,790

1,173,123

214,661

(1,173,123)

(626,398)

Capital Outlay Supervision Allocation Indirect Cost Banking Fund Debt Repayment TOTAL


(247,451)


0

CARRYOVERS

0

CONTINGENCIES

0


247,451

BUDGET DIFFERENCE

0

40

299,274

54,506 (303,173) 242,180

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 512 - FLEET MGMT - VEHICLE REPLACEMENT BALANCE SHEET INFORMATION ASSETS

LIABILITIES

Pooled Cash and Investments Due from Other Government Units Capital Assets, Net

7,082,894.62 1,429.52


34,636,447.55

7,014,104.63 13,889,238.10

TOTAL LIABILITIES

20,903,342.73


18,477,619.00


2,339,809.96


41,720,771.69

20,817,428.96


41,720,771.69


Y-T-D ACTUAL

Y-T-D ENCUMB.


REVENUE Charges for Services Miscellaneous Revenue Other Sources TOTAL

REVENUE

16,854,402

16,708,393

0

275,000

1,635,962

0

1,360,962

(146,009)

5,491,170

3,629,307

0

(1,861,863)

22,620,572

21,973,662

0

(646,910)

143,318 (4,796)

171,786 0

0 0

(28,468) (4,796)

42,893

44,058

0

(1,165)

46,791 5,438,149

36,516 3,636,246

2,500 0

EXPENDITURES Salaries Lapse Employer Provided Benefits Other Operating Expenses Capital Outlay Transfers to Other Funds Banking Fund Debt Repayment TOTAL


3,079,838

3,079,838

0

13,593,392

13,882,904

0

22,339,585

20,851,347

2,500

280,987

1,122,314

(2,500)


0 (280,987)

CONTINGENCIES

0


0

BUDGET DIFFERENCE

0

41

7,775 1,801,903 0 (289,512) 1,485,738 838,827

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 521 - COPY CENTER BALANCE SHEET INFORMATION ASSETS

LIABILITIES


(11,056.32) 1,588.55

Due from Other Government Units Capital Assets, Net


(1,532.55)

85,756.47 51,612.86

TOTAL LIABILITIES

4,349.77

137,369.33


(431,556.96)


287,537.08


(6,650.55)

(144,019.88)


(6,650.55)


Y-T-D ACTUAL

Y-T-D ENCUMB.



2,083,803

Miscellaneous Revenue TOTAL

0

REVENUE

2,149,044 (40,705)

0

65,241

0

(40,705) 24,536

2,083,803

2,108,339

0

Salaries

306,246

295,590

0

10,656


(11,701) 96,955

0 89,504

0 0

(11,701) 7,451

EXPENDITURES

Internal Service Charges Other Operating Expenses Capital Outlay

25,458

21,259

0

4,199

1,558,825 1

1,224,358 0

95,823 0

238,645 1

Supervision Allocation Indirect Cost TOTAL


0

0

0

0

118,230

118,230

0

0

2,094,014

1,748,941

95,823

249,250

(95,823)

273,786

(10,211)


0

CARRYOVERS

0

CONTINGENCIES

0


10,211

BUDGET DIFFERENCE

0

42

359,398

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 531 - ITD OPERATIONS BALANCE SHEET INFORMATION ASSETS

LIABILITIES


(510,586.74) 47,498.73


17,722,071.80

2,950,075.24 1,430,771.41

TOTAL LIABILITIES

4,380,846.65


11,187,658.10


1,690,479.04


17,258,983.79

12,878,137.14


17,258,983.79


Y-T-D ACTUAL

Y-T-D ENCUMB.



25,498,536

Miscellaneous Revenue Other Sources Transfers From Other Funds TOTAL

0

860,519

(203,016)

0

(204,616)

76,210 687,917

13,638 500,000

0 0

(62,572) (187,917)

26,264,263

26,669,677

0

405,414

11,157,213

11,092,058

0

65,155

0

0

(547,863) (75,555) (451,047)

1,600

REVENUE

26,359,055


(547,863)


2,900,739 1,752,428

2,976,294 2,203,475

0 0


10,178,306

8,415,329

1,578,727

184,251

95,809

28,767

62,572

4,470

1,200,844 731,488

1,200,844 510,286

0 0

0 221,202

27,468,964

26,427,054

1,641,299

(599,388)

(1,641,299)

(193,974)

Capital Outlay Indirect Cost Banking Fund Debt Repayment TOTAL


(1,204,701)


0

CARRYOVERS

0

CONTINGENCIES

0


1,204,701

BUDGET DIFFERENCE

0

43

242,623

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 533 - COMMUNICATIONS BALANCE SHEET INFORMATION ASSETS

LIABILITIES


653,434.56 112.57

Inventories

515,783.71

Capital Assets, Net


460,755.79 41,084.18

TOTAL LIABILITIES

90,737.46

501,839.97


479,185.44


279,042.89


1,260,068.30

758,228.33


1,260,068.30


Y-T-D ACTUAL

Y-T-D ENCUMB.



REVENUE

7,192,164

7,183,925

0

(8,240)

52,035

30,877

0

(21,158)

480

480

0

7,244,679

7,215,282

0

(29,397)

(13,329) (15,275)

0


408,338 (15,275)

421,667 0

0 0


115,349

116,226

0

281,770 6,611,187

280,647 5,936,771

0 625,197

Internal Service Charges Other Operating Expenses Capital Outlay Indirect Cost TOTAL


(877) 1,124 49,219

1

0

0

1

90,401

90,401

0

0

7,491,771

6,845,712

625,197

20,863

(625,197)

(8,534)

(247,092)


0

CARRYOVERS

0

CONTINGENCIES

0


247,092

BUDGET DIFFERENCE

0

44

369,570

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 534 - RADIO COMMUNICATIONS BALANCE SHEET INFORMATION ASSETS

LIABILITIES


3,704,071.11 17,436.17


583,205.66

347,775.76 193,393.13

TOTAL LIABILITIES

541,168.89


67,886.63


3,695,657.42


4,304,712.94

3,763,544.05


4,304,712.94


Y-T-D ACTUAL

Y-T-D ENCUMB.



7,280,636

6,460,098

0

(820,538)

0

133,459

0

133,459

188,120

158,558

0

(29,561)

7,468,756

6,752,116

0

(716,639)

20,539 (29,318)

Miscellaneous Revenue Other Sources TOTAL

REVENUE


729,037 (29,318)

708,498 0

0 0


198,941

200,571

0

192,443 2,199,035

178,555 1,771,441

0 157,090

13,888 270,505

190,341

160,778

0

29,562

83,333

83,333

0

0

4,139,027

224,599

0

3,914,428

7,702,839

3,327,775

157,090

4,217,974

3,424,341

(157,090)

3,501,335

Internal Service Charges Other Operating Expenses Capital Outlay Indirect Cost Banking Fund Debt Repayment TOTAL


(234,083)


0

CARRYOVERS

0

CONTINGENCIES

0


234,083

BUDGET DIFFERENCE

0

45

(1,630)

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 536 - TECH SYSTEM DEVELOPMENT BALANCE SHEET INFORMATION ASSETS

LIABILITIES


4,481,823.60 6,390,966.66


188,355.02 6,256,452.03

TOTAL LIABILITIES

6,444,807.05


2,293,122.40


2,134,860.81


10,872,790.26

4,427,983.21


10,872,790.26


Y-T-D ACTUAL

Y-T-D ENCUMB.



4,517,984

4,169,237

0

0

41,395

0

3,042,826

1,502,071

0

(1,540,755)

7,560,810

5,712,704

0

(1,848,106)

375,595 96,276

12,049 14,520

0 0

Miscellaneous Revenue Other Sources TOTAL

REVENUE

(348,747) 41,395

EXPENDITURES Salaries Employer Provided Benefits

363,546 81,756


1,042,558

800,133

45,326

197,098

Capital Outlay Banking Fund Debt Repayment

2,707,362 3,524,513

1,202,178 1,780,112

34,162 0

1,471,022 1,744,401

7,746,303

3,808,993

79,488

3,857,822

1,903,710

(79,488)

2,009,715

TOTAL


(185,493)


0

CARRYOVERS

0

CONTINGENCIES

0


185,493

BUDGET DIFFERENCE

0

46

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 551 - OFFICE OF GENERAL COUNSEL BALANCE SHEET INFORMATION ASSETS

LIABILITIES


3,386,860.63 465,337.11

Capital Assets, Net


9,908.16

671,167.34 747,791.34

TOTAL LIABILITIES

1,418,958.68


663,919.49


1,779,227.73


3,862,105.90

2,443,147.22


3,862,105.90


Y-T-D ACTUAL

Y-T-D ENCUMB.



REVENUE

9,275,075

9,885,436

0

610,361

69,212

166,901

0

97,689

750,000

750,000

0

0

10,094,287

10,802,338

0

708,051


6,131,636 (298,065)

5,792,416 0

0 0

339,220 (298,065)


1,534,499

1,450,180

0

84,319


637,018 2,402,475

538,581 1,506,355

0 765,156

98,437 130,964

Capital Outlay Indirect Cost TOTAL


1

0

0

1

420,824

420,824

0

0

10,828,388

9,708,357

765,156

354,876

1,093,981

(765,156)

(734,101)


688,802

CARRYOVERS

0

CONTINGENCIES

0


45,299

BUDGET DIFFERENCE

0

47

1,062,927

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 561 - SELF INSURANCE BALANCE SHEET INFORMATION ASSETS

LIABILITIES

Pooled Cash and Investments Taxes and other Receivable, Net Due from Other Government Units Other Current Assets Other Non Current Assets

70,148,175.11 1,552,501.49


7,859,620.70

Insurance Reserves

434,623.66 13,893,539.16

Capital Assets, Net

134,519.92 69,847.31 83,656,761.00

TOTAL LIABILITIES

83,861,128.23

FUND EQUITY

66,844.16

Beginning of Year

55,698.72


10,038,477.33


93,955,304.28

10,094,176.05


93,955,304.28


Y-T-D ACTUAL

Y-T-D ENCUMB.


REVENUE Charges for Services Miscellaneous Revenue Other Sources TOTAL

REVENUE

25,395,189

25,911,440

0

516,251

4,471,855 0

4,974,224 1,071,608

0 0

502,369 1,071,608

29,867,044

31,957,271

0

2,090,227

1,031,978

945,553

0

86,425

0

0

(37,985) (2,241) (15,421)


(37,985)


264,705 1,114,966

266,946 1,130,387

0 0


30,324,818

22,078,543

723,944

1

0

0

1

574,130 556,210

574,130 556,210

0 0

0 0

7,032,064

7,032,064

0

0

40,860,887

32,583,835

723,944

7,553,108

(723,944)

9,643,336

Capital Outlay Supervision Allocation Indirect Cost Transfers to Other Funds TOTAL


(10,993,843)


10,686,739

CARRYOVERS

0

CONTINGENCIES

0


307,104

BUDGET DIFFERENCE

0

48

(626,563)

7,522,330

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 571 - GROUP HEALTH BALANCE SHEET INFORMATION ASSETS

LIABILITIES


3,303,466.59 150,000.00

Capital Assets, Net


19,957.83

93,433.52 121,358.30

Insurance Reserves

17,500.00

TOTAL LIABILITIES

232,291.82


1,934,149.46


1,306,983.14


3,473,424.42

3,241,132.60


3,473,424.42


Y-T-D ACTUAL

Y-T-D ENCUMB.


REVENUE Charges for Services Miscellaneous Revenue TOTAL

REVENUE

87,311,943

87,043,866

0

(268,077)

187,733

776,228

0

588,495

87,499,676

87,820,095

0

320,419

0 0

58,252 (60,456)


692,210 (60,456)

633,958 0


183,383

173,447

0

144,354 86,252,005

230,620 85,298,516

0 196,078

Internal Service Charges Other Operating Expenses Capital Outlay Indirect Cost TOTAL


51,416

51,415

0

1

144,705

144,705

0

0

87,407,616

86,532,661

196,078

678,876

92,060

1,287,433

(196,078)

999,295


9,936 (86,266) 757,410

0 (292,187)

CONTINGENCIES

0


200,127

BUDGET DIFFERENCE

0

49

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 581 - INSURED PROGRAMS BALANCE SHEET INFORMATION ASSETS

LIABILITIES


6,368,453.90 5,823.59


2,357,698.95


41,538.05 2,410,607.07

TOTAL LIABILITIES

2,452,145.12


3,833,681.87


2,446,149.45


8,731,976.44

6,279,831.32


8,731,976.44


Y-T-D ACTUAL

Y-T-D ENCUMB.



7,708,580

8,293,360

0

584,780

290,307

590,828

0

300,521

7,998,887

8,884,188

0

885,301

Salaries

336,370

327,047

0

9,323


(20,272) 84,166

0 83,133

0 0

(20,272) 1,033

Miscellaneous Revenue TOTAL

REVENUE

EXPENDITURES

Internal Service Charges Other Operating Expenses Capital Outlay Supervision Allocation Indirect Cost Transfers to Other Funds TOTAL


220,707

199,660

0

21,047

10,031,928 1

7,886,729 0

578,008 0

1,567,191 1

(574,130)

(574,130)

0

0

83,627

83,627

0

0

400,000

400,000

0

0

10,562,397

8,406,066

578,008

1,578,323

(578,008)

2,463,624

(2,563,510)


1,969,164

CARRYOVERS

0

CONTINGENCIES

0


594,346

BUDGET DIFFERENCE

0

50

478,122

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 721 - JACKSONVILLE HOUSING FINANCE AUTHORITY BALANCE SHEET INFORMATION ASSETS

LIABILITIES

Pooled Cash and Investments Taxes and other Receivable, Net Other Deferred Charges

2,709,608.82 7,507,890.30

Current Liabilities

13,928.88

TOTAL LIABILITIES

329,107.18

13,928.88


8,363,397.21 2,169,280.21 10,532,677.42


10,546,606.30


10,546,606.30


Y-T-D ACTUAL

Y-T-D ENCUMB.


REVENUE Miscellaneous Revenue

209,422

343,817

0

134,395

Other Sources

256,000

1,018,221

0

762,221

465,422

1,362,038

0

896,616

217,445

206,010

0

11,435

0

0

(6,716) 40,237 (21,205)

TOTAL

REVENUE


(6,716)


88,606 14,089

48,369 35,294

0 0


325,980

239,475

59,123

27,382

Capital Outlay Supervision Allocation

1 134,167

0 0

0 0

1 134,167 (28,195)

Indirect Cost Other TOTAL

EXPENDITURES CURRENT YEAR FUND BALANCE TRANSFERS CARRYOVERS

0

28,195

0

1,036,975

1,036,975

0

0

1,810,547

1,594,319

59,123

157,105

(1,345,125) 1,301,561 (3,664)

CONTINGENCIES

0


47,228

BUDGET DIFFERENCE

0

51

(232,281)

(59,123)

1,053,722

CONSOLIDATED CITY OF JACKSONVILLE YEAR-END FINANCIAL SUMMARY - SUBFUND LEVEL FOR THE QUARTER ENDED SEPTEMBER 30, 2010 751 - JACKSONVILLE ECONOMIC DEVELOPMENT COMM BALANCE SHEET INFORMATION ASSETS

LIABILITIES


3,453,512.10

Current Liabilities

1,039,394.43

TOTAL LIABILITIES

1,039,394.43


1,296,293.32 1,117,824.35 2,414,117.67


3,453,512.10


3,453,512.10


Y-T-D ACTUAL

Y-T-D ENCUMB.


REVENUE Miscellaneous Revenue Transfers From Component Units TOTAL

REVENUE

246,776

420,717

0

173,941

9,692,005

9,692,005

0

0

9,938,781

10,112,722

0

173,941

1,256,948

1,230,416

0

26,532

0

0

(111,549)

311,074 587,433

317,075 779,396

0 0

(6,001) (191,963)

6,802,622

5,429,943

361,400

2 228,660

0 199,799

0 47,911


(111,549)

Employer Provided Benefits Internal Service Charges Other Operating Expenses Capital Outlay Grants and Aids Indirect Cost Transfers to Other Funds Banking Fund Debt Repayment TOTAL


1,011,279 2 (19,050)

147,719

147,719

0

1,328,533

1,328,533

0

0

223,021

209,824

0

13,197

10,774,463

9,642,705

409,310

722,448

(409,310)

896,389

(835,682)


647,807

CARRYOVERS

0

CONTINGENCIES

0


187,875

BUDGET DIFFERENCE

0

52

470,017

0

JEA QUARTERLY FINANCIAL SUMMARY - ELECTRIC SYSTEM September 30, 2010 ASSETS: Cash and Investments Other Current Assets Fixed and Other Assets TOTAL ASSETS

LIABILITIES & EQUITY $

$

209,328,000 254,937,000 3,578,909,000 4,043,174,000

Current Liabilities Other Liabilities Fund Equity (Net Assets) TOTAL LIABILITIES & EQUITY

FUEL RELATED REVENUES & EXPENSES: Revised Budget

FUEL REVENUES Transfer (To)/From Fuel Recovery Total Net Revenues

$

585,794,765 (38,469,312) 547,325,453

FUEL EXPENSES: Fuel & Purchased Power (1)

$

547,325,453

SURPLUS/(DEFICIT)

$

NON-FUEL REVENUES/TRANSFERS: Base Rate Revenues Environmental Charge Revenue Conservation Fund Investment Income Other Revenues Recovery Fund Carry-Over Transfer (To)/From Fuel Recovery Total Non Fuel Revenues

$

As of 12 months Actual

$

$

NON-FUEL EXPENSES: Operating and Maintenance Environmental Conservation & Demand-side Management Non-Fuel Purchased Power Non-Fuel Uncollectibles & PSC Tax Debt Service City Contribution Expense Contingencies & Working Capital Renewal and Replacement Fund Operating Capital Outlay Emergency Reserve Total Non-Fuel Expenses

$

SURPLUS/(DEFICIT)

$

TOTAL REVENUES TOTAL APPROPRIATIONS

$ $

$

-

$ $

575,426,836 (37,783,023) 537,643,813

$

537,643,813

$

714,147,840 8,224,474 1,200,000 2,521,906 79,067,626 38,469,312 843,631,158

150,424,670 8,083,832 8,250,329 171,864,018 5,913,959 235,491,830 79,007,260 51,280,554 66,918,307 61,396,399 5,000,000 843,631,158 1,390,956,611 1,390,956,611

$

$

$

-

707,283,788 8,083,290 1,687,320 1,030,855 80,070,896 37,783,023 835,939,172

Projected

$

$

173,212,000 3,365,863,000 504,099,000 4,043,174,000

BUDGET VARIANCE FAVORABLE (UNFAVORABLE)

$

575,426,836 (37,783,023) 537,643,813

$

(10,367,929) 686,289 (9,681,640)

$

537,643,813

$

9,681,640

$

$

$

$

147,773,492 8,083,290 8,240,034 171,863,454 2,263,814 234,778,745 79,007,252 51,000,000 66,817,500 61,396,399 831,223,980

$

$

4,715,192

$

$ 1,373,582,985 $ 1,368,867,792

$

$

-

707,283,788 8,083,290 1,687,320 1,030,855 80,070,896 37,783,023 835,939,172

$

$

$

$

147,773,492 $ 8,083,290 8,240,034 171,863,454 2,263,814 234,778,745 79,007,252 51,000,000 (2) 66,817,500 61,396,399 831,223,980 $ 4,715,192

$

-

(6,864,052) (141,184) 487,320 (1,491,051) 1,003,270 (686,289) (7,691,986)

2,651,179 542 10,295 564 3,650,144 713,085 8 280,554 100,807 5,000,000 12,407,178 4,715,193

$ 1,373,582,985 $ 1,368,867,792

(1) September 2010 fuel fund reserve is $55.9 million. (2) Includes transfer to rate stabilization to mitigate the projected fuel fund deficit.

53 Page 1

JEA QUARTERLY FINANCIAL SUMMARY - WATER & SEWER SYSTEM September 30, 2010 ASSETS: Cash and Investments Other Current Assets Fixed and Other Assets TOTAL ASSETS

$

46,806,000 75,815,000 3,044,464,000 $ 3,167,085,000

LIABILITIES & EQUITY Current Liabilities Other Liabilities Fund Equity (Net Assets) TOTAL LIABILITIES & EQUITY

REVENUES AND EXPENSES: Revised Budget REVENUES: Revenues Investment Income Capacity/Extension Fees Contributed Capital Other Revenues Total Operating Revenues

$

$

EXPENSES: Operating and Maintenance Environmental WSEA Contribution Uncollectibles Contributed Capital Outlay Debt Service City Contribution Expense Contingencies & Working Capital Renewal and Replacement Fund Operating Capital Outlay Emergency Reserve Total Expenses

$

SURPLUS/(DEFICIT)

$


$ $

$


282,461,804 2,115,692 8,000,000 9,500,000 8,046,020 310,123,516

$

108,183,777 718,568 960,243 11,081,766 128,885,505 20,180,278 3,042,339 13,675,900 23,395,140 310,123,516

$

310,123,516 310,123,516

Projected

296,606,250 1,101,934 10,730,903 350,862 10,520,891 319,310,840

$

$

$

108,167,666 718,568 956,823 11,081,766 128,885,504 20,180,276 3,042,000 13,675,900 23,395,140 310,103,643

$ $ $

$

$

$

24,952,000 2,099,120,000 1,043,013,000 3,167,085,000


296,606,250 1,101,934 10,730,903 350,862 10,520,891 319,310,840

$

$

$

108,167,666 718,568 956,823 11,081,766 128,885,504 20,180,276 3,042,000 13,675,900 23,395,140 310,103,643

$

16,111 3,420 1 2 339 19,873

9,207,197

$

9,207,197

$

9,207,197

319,310,840 310,103,643

$ $

319,310,840 310,103,643

$

$

14,144,447 (1,013,758) 2,730,904 (9,149,138) 2,474,869 9,187,324

54 Page 2

JEA QUARTERLY FINANCIAL SUMMARY - DISTRICT ENERGY SYSTEM September 30, 2010

ASSETS: Cash and Investments Other Current Assets Fixed and Other Assets TOTAL ASSETS

$

$

Revised Budget

REVENUES AND EXPENSES: REVENUES: Revenues Total Operating Revenues EXPENSES: Operating and Maintenance Renewal and Replacement Fund Debt Service Contracts & Contingencies Operating Capital Outlay Total Expenses

LIABILITIES & EQUITY Current Liabilities Other Liabilities Fund Equity (Net Assets) TOTAL LIABILITIES & EQUITY

4,020,000 200,000 47,936,000 52,156,000


Projected

$

$

74,000 51,691,000 391,000 52,156,000


$ $

7,400,000 7,400,000

$ $

7,595,357 7,595,357

$ $

7,595,357 7,595,357

$ $

195,357 195,357

$

3,902,000 250,000 3,148,000 100,000 7,400,000

$

$

$

3,865,189 249,800 3,147,129 100,000 7,362,118

$

$

3,865,189 249,800 3,147,129 100,000 7,362,118

$

36,811 200 871 37,882

$

233,239

$

233,239

$

233,239

$ $

7,595,357 7,362,118

$ $

7,595,357 7,362,118

$

SURPLUS/(DEFICIT)

$


$ $

-

7,400,000 7,400,000

55 Page 3

JEA QUARTERLY FINANCIAL SUMMARY - CAPITAL PROJECTS September 30, 2010 Revised Budget

ELECTRIC SYSTEM Capital Funds Renewal & Replacement Deposits Construction Fund Investment Income Debt Proceeds Other Proceeds Operating Capital Outlay Total Capital Funds Capital Projects Generation Projects Transmission & Distribution Projects Other Projects Total Capital Projects

$

$

$

$

66,918,307 220,000 151,865,294 62,400,000 61,396,399 342,800,000

189,963,994 119,778,962 33,057,044 342,800,000


$

$

$

$

66,817,500 83,000 45,467,581 62,400,000 61,396,399 236,164,480

129,663,411 76,675,307 29,825,762 236,164,480

Projected

$

$

$

$

66,817,500 83,000 45,467,581 62,400,000 61,396,399 236,164,480

129,663,411 76,675,307 29,825,762 236,164,480

Difference

$

$

$

$

(100,807) (137,000) (106,397,713) (106,635,520)

(60,300,583) (43,103,655) (3,231,282) (106,635,520)

WATER & SEWER SYSTEM Capital Funds Renewal & Replacement Deposits Construction Fund Investment Income Debt Proceeds Other Proceeds Capacity Fees Contributed Capital Operating Capital Outlay Total Capital Funds Capital Projects Water Projects Sewer Projects Other Projects Total Capital Projects

$

$

$

$

13,675,900 42,000 68,386,960 8,000,000 9,500,000 23,395,140 123,000,000

$

37,907,000 67,579,000 17,514,000 123,000,000

$

$

$

13,675,900 24,000 26,425,785 10,730,903 350,862 23,395,140 74,602,590

$

20,898,706 43,216,313 10,487,571 74,602,590

$

$

$

13,675,900 24,000 26,425,785 10,730,903 350,862 23,395,140 74,602,590

20,898,706 43,216,313 10,487,571 74,602,590

$

$

$

$

(18,000) (48,379,410) (48,397,410)

(17,008,294) (24,362,687) (7,026,429) (48,397,410)

DISTRICT ENERGY SYSTEM Capital Funds Debt Proceeds Renewal & Replacement Deposits Other Proceeds Operating Capital Outlay Total Capital Funds Capital Projects District Energy Projects Total Capital Projects

$

$

250,000 602,000 100,000 952,000

$ $

952,000 952,000

$

$

249,800 100,000 349,800

$ $

127,445 127,445

$

$

249,800 100,000 349,800

$

$

(200) (602,000) (602,200)

$ $

127,445 127,445

$ $

(824,555) (824,555)

56

Page 4

JEA QUARTERLY FINANCIAL SUMMARY RATE STABILIZATION AND FUEL RECOVERY FUNDS September 30, 2010

FUEL RATE STABILIZATION FUND $

$

84,781,130 627,870 37,783,023 (37,783,023) (64,474,378) 35,000,000 55,934,622

October 1, 2009 Balance Rate stabilization contribution (.97) (1) Recovery fund contribution (2.90) Contributions from Fuel Rate Surplus Withdrawals from Fuel Rate Surplus Unbilled adjustment Withdrawals from the Recovery Fund Withdrawals from Fuel Rate Stabilization Withdrawals from recovery carry-over balance Contributions from Base Side Revenues Stabilization Balance as of September 30, 2010 (2)

FUEL RECOVERY FUND (3) $ 166,421,130 Collections as of September 30, 2009 37,783,023 Year to Date Collections FY 10 $ 204,204,153 Total Collections as of September 30, 2010

(1) Billing cycle carry over, the rate is $0 for FY 10. (2) Includes contributions from base side revenues. (3) This $2.90 charge per 1,000 kWh will be collected until March 31, 2012 or until the prior fuel fund loss of $252,000,000 has been recovered, whichever occurs first.

57 5 Page

JEA Electric System Utility Comparison on Operating Efficiency Operating Revenue per Megawatt Hour (mWh) Sold per FERC JEA Tampa Electric Company Orlando Utilities Commission Gainesville Regional Utilities

FY 10 104.35

FY 09 107.63 118.03 97.84 120.24

FY 08 91.11 105.46 97.08 115.78

FY 07 77.41 105.23 84.37 99.94

FY 06 77.72 100.84 80.02 99.32

FY05 65.24 92.65 80.43 86.64

Definition: Ratio of total electric operating revenues from sales to total megawatt-hour sales. JEA Observation: JEA maintains residential electric rates competitive with peer utilities in the State of Florida. However, increases in operating revenue per megawatt hour after FY 04 is primarily a result of higher fuel costs/revenues and the implementation of a four-year base rate adjustment beginning in FY 08. The other utilities experienced similar increases in fuel costs and revenues during the same period.

Page 58 6

FY04 58.55 89.48 72.93 80.18

FY03 58.07 84.28 69.49 76.45

JEA Electric System Utility Comparison on Operating Efficiency Operating and Maintenance Expense per mWh Sold per FERC JEA Tampa Electric Company Orlando Utilities Commission Gainesville Regional Utilities

FY 10 69.56

FY 09 69.07 73.56 63.27 89.51

FY 08 65.76 79.11 66.60 88.16

FY 07 57.19 71.76 56.92 72.63

FY 06

FY05

56.62 69.00 55.87 77.03

Definition: Ratio of total electric utility operation and maintenance expenses including fuel to total megawatt-hour sales. Does not include City contribution, debt service, renewal and replacement, or operating capital outlay. JEA Observation: JEA has maintained a low cost per mWh sold through its new efficient electric generating fleet as well as tight control on other operating expenses. Increases in operating expense per megawatt hour after FY 04 is a direct result of higher fuel costs/revenues. The other utilities experienced similar increases in fuel costs and revenues during the same period.

Page 59 7

49.90 67.97 55.38 64.83

FY04 45.02 55.28 51.06 59.32

FY03 43.47 53.09 42.81 51.76

JEA Electric System Summary Financial Information - Per JEA Budget Basis FY 10

FY 09

FY 08

FY07

FY06

FY05

FY04

FY03

FY02

Total Revenue per Megawatt Hour (mWh) Sold (1)

101.21

102.68

86.71

75.21

73.93

62.63

58.42

56.94

56.89

Total Expense per Megawatt Hour (mWh) Sold (2)

100.86

102.56

86.54

75.14

73.57

62.91

59.15

56.62

57.25

0.35

0.12

0.17

0.07

0.36

(0.28)

(0.73)

0.32

(0.36)

Difference

Definitions: (1) Ratio of total electric revenues to total megawatt-hour sales computed on the budget basis which is the basis for ratemaking. Includes investment income. Does not include state utility taxes, franchise fees, or interchange sales. Interchange sales are reflected as an offset to fuel expense on the budget basis. (2) Ratio of total electric expenses including fuel to total megawatt-hour sales computed on the budget basis. Includes City contribution, debt service, renewal and replacement, and operating capital outlay. JEA Observation: Today JEA operates with the philosophy of balancing the fuel fund on a current basis. JEA historically maintained sufficient balances in the base rate fund to offset shortages in the fuel fund. Surpluses in the base rate fund resulted primarily from one time events/transactions, such as debt refunding, debt defeasances, reduced capital outlay transfers and other revenue generating activities.

Page 60 8

JEA Electric System Summary Financial Information - Per JEA Budget Basis Fuel Rate Fuel Revenue per mWh sold Fuel Expense per mWh sold Net surplus/(deficit) per mWh sold

FY 10 39.62 39.62 0.00

FY 09 49.37 49.25 0.12

FY 08 39.55 39.66 (0.11)

FY 07 33.01 33.01 0.00

FY06 34.27 34.27 0.00

FY05 23.74 27.73 (3.99)

FY04 17.60 23.30 (5.70)

FY03 17.79 21.13 (3.34)

Definition: Fuel related revenues minus fuel related expenses. JEA Observation: Today JEA operates with the philosophy of balancing the fuel fund, and utilizes a rate stabilization fund to balance the fuel fund on a current basis.

Base Rate Base Revenue per mWh sold Base Expense per mWh sold Net surplus/(deficit) per mWh sold

FY 10 YTD 61.59 61.25 0.35

FY 09 53.31 53.30 0.01

FY 08 47.17 46.88 0.28

FY 07 42.20 42.13 0.07

Definition: Non-fuel related revenues minus non-fuel related expenses. JEA Observation: In the past JEA has been able to maintain sufficient balances in the base rate to offset shortages in the fuel rate. Surpluses in the base rate resulted primarily from one time events/transactions such as debt refunding, debt defeasances, reduced capital outlay transfers and other revenue generating activities.

JEA Electric System Utility Comparison on Operating Efficiency Current Fuel and Base Rate Analysis Residential $/1000 kWh

JEA Tampa Electric Company Orlando Utilities Commission Gainesville Regional Utilities

As of Sept 10 Base 66.30 68.24 77.75 74.45

Fuel 44.16 41.67 42.07 56.00

61

Page 9

110.46 109.91 119.82 130.45

FY06 39.66 39.30 0.36

FY05 38.90 35.18 3.72

FY04 FY03 40.82 35.82 5.00

39.14 35.50 3.64

Electric Utility Comparison Contribution to City General Fund $ 000's JEA Orlando Utilities Commission Gainesville Regional Utilities

Percent of Operating Revenues JEA Orlando Utilities Commission Gainesville Regional Utilities

$ Per mWh Sold JEA Orlando Utilities Commission Gainesville Regional Utilities

$ in thousands Contribution Increase from prior year % Increase

FY 10 79,007

FY 09 76,094 70,650 20,230

FY 08 73,847 69,199 19,500

FY 07 73,100 64,246 18,927

FY 06 71,031 66,985 18,574

FY05 68,677 52,633 17,681

FY 04 67,385 48,087 17,456

FY 03 67,039 48,341 16,901

FY 10 5.58%

FY 09 5.33% 10.03% 8.00%

FY 08 5.92% 9.22% 8.04%

FY 07 6.80% 9.54% 8.99%

FY 06 6.51% 10.06% 8.86%

FY05 7.71% 7.75% 10.00%

FY 04 8.66% 7.94% 10.77%

FY 03 8.74% 9.62% 10.76%

FY 10

FY 09

FY 08

FY 07

FY 06

FY05

FY 04 5.07 5.92 8.64

FY 03 5.08 6.92 8.22

FY 04 83,188 4,691 5.98%

FY 03 78,496 1,890 2.47%

5.82

5.74 9.81 9.61

5.39 8.95 9.31

Total JEA Contribution to the City's General Fund * FY 10 FY 09 FY 08 99,188 96,688 94,188 2,500 2,500 2,750 2.59% 2.65% 3.01%

5.27 8.05 8.99

FY 07 91,438 2,750 3.10%

* includes the Water and Sewer system

The percent of operating revenues have decreased because most of the operating revenue increase after FY 04 is due to fuel rate increases which, by agreement, were intentionally excluded from the contribution formula. JEA also transfers a 3% franchise fee to the City general fund that became effective April 1, 2008, and public service tax.

Page 62 10

5.06 8.05 8.80

FY 06 88,688 2,750 3.20%

5.03 6.08 8.67

FY05 85,938 2,750 3.31%

JEA Electric System Utility Comparison on Operating Efficiency Debt Service Coverage - Total FY 10 3.35x

JEA - Electric System Tampa Electric Company Orlando Utilities Commission ** Gainesville Regional Utilities **

FY 09 2.99x * 2.41x 2.05x

FY 08 2.40x * 2.45x 2.12x

FY 07 2.37x * 2.45x 2.05x

FY06 2.28x * 2.24x 1.88x

FY05 2.11x * 2.26x 2.16x

FY04 2.03x * 2.24x 2.47x

FY03 2.33x * 2.13x 2.53x

Definition: Ratio of net revenues available for debt service to total long-term debt service for the year. Measures the ability to meet annual debt service obligation. * Tampa Electric Company is an investor-owned utility and the debt service coverage calculation is computed on a basis not comparable with municipal-owned utilities. ** The ratios for Orlando Utilities Commission and Gainesville Regional Utilities reflect a combining of Electric and Water/Sewer System revenues and expenses. JEA Observation: It is extremely important to maintain a debt service coverage ratio which meets the bond rating agencies expectations and is favorable when compared to peers. Higher bond ratings result in lower interest cost for the utility and its ratepayers. JEA's preferred electric system total debt service coverage is 2.5x. JEA's FY 2010 debt service coverage ratio was favorably impacted by low variable interest rates.

Bond Rating FY 10 JEA - Electric System Tampa Electric Company Orlando Utilities Commission Gainesville Regional Utilities

AA-

FY 09 AABBB AA AA

FY 08 AABBBAA AA

Definition: Rating assigned by Standard & Poor's. JEA Observation: Higher bond ratings result in lower interest cost to the utility and its ratepayers. JEA ratings were confirmed in April 2010

Page 63 11

FY 07 AABBBAA AA

FY06 AABBBAA AA

FY05 AABBBAA AA

FY04 AABBBAA AA

FY03 AA BBBAA AA

WATER AND SEWER EXPANSION AUTHORITY QUARTERLY FINANCIAL SUMMARY FOR THE QUARTER ENDED SEPTEMBER 30, 2010 OPERATING BUDGET INFORMATION

ACTUAL YEAR TO DATE

BUDGET REVENUES Contribution from JEA JEA Fund Balance Carrry Over of STAG Grant Contribution from City Total Revenues

$

800,000

$

$

459,300 436,030 1,695,330

$

718,568 436,030 1,154,598

166,587 51,652 511 499,819 436,030 1,154,598

APPROPRIATIONS Salaries Benefits Supplies Other Services & Charges Payment to City Loan Pool Total Expenditures

$

175,036 $ 52,500 3,500 1,028,264 (1) 436,030 1,695,330 $

BUDGET DIFFERENCE

$

-

$

FTE Allocations =

(1) Other Services and Charges Professional Services Travel Licenses,Fees, Dues, Membership Subscriptions and Publications Outside Consultants Total Other Services & Charges

$

3

$

$

315,000 (a) $ 5,000 1,000 300 706,964 (b) 1,028,264 $

PROJECTED $

$

$

$


718,568 436,030 1,154,598

$ $

166,587 51,652 511 499,819 436,030 1,154,599

$ $ $ $

-

$

$

3

(81,432) (459,300) (540,732)

8,449 848 2,989 528,445 540,732 -

3

314,994 2,744 2,307 179,775 499,819

$

$

314,994 (a) $ 2,744 $ 2,307 $ $ 179,775 (b) $ 499,820 $

(a) For Fred Odom’s consulting contract. (b) For engineering & planning services, contract management, funding support, and an outside audit

64

7 2,256 (1,307) 300 527,189 528,445

# of Connections

Project No.

GEN RESERVE (PWCP322WSEXP)

2004-713-E

APPROPRIATIONS $2,631,200 2005-652-E 2005-313-E

Triangular/ FT Caroline YMCA

30

PW0540/41

(798,000.00)

292,000.00

Clark Road/ Drury Lane

6

PW0543/44

2004-1284-E (55,000.00)

2006-299-E 42,232.43

La Villas

1

PW0545

2005-70-E (50,000.00)

TOTAL (50,000.00)

Nate Circle

4

PW0572

2005-191-E (22,500.00)

TOTAL (22,500.00)

PW0570

2005-312-E (280,000.00)

TOTAL (280,000.00)

Wagner Road (Canceled)

(50,000.00)

TOTAL (556,000.00)

TOTAL (12,767.57)

Iroquois/Milam/Forest Park

53

PW0573

2005-436-E (1,448,000.00)

2007-10-E 394,800.00

-

TOTAL (1,053,200.00)

McGlothin & Buttercup

24

PW0583

2005-850-E (106,000.00)

2006-904-E (20,000.00)

-

TOTAL (126,000.00)

Shakir- Sewer

1

PW0608

2005-1089-E (39,250.00)

-

TOTAL (39,250.00)

Shakir- Water

1

PW0608

2006-903-E (20,000.00)

-

TOTAL (20,000.00)

Unitarian Church

1

PW0625

2006-29-E (150,000.00)

-

TOTAL (150,000.00)

Cannon Street

4

PW0622

2006-129-E (45,344.00)

-

TOTAL (25,344.00)

Hendricks

1

PW0618

2006-243-E (113,335.00)

-

TOTAL (113,335.00)

Church Fellowship

1

PW0619

2006-242-E (95,000.00)

-

TOTAL (118,000.00)

The Hartley Press

1

2007-1001-E PW0701 – 01

Zona SUBTOTAL TOTAL WSEA GEN RESERVE REMAINING BALANCE

2 128

65

2009-0329 (26,000.00)

-

2006-904-E 20,000.00

-

2007-599-E (23,000.00)

TOTAL -

-

-

-

-

-

-

TOTAL (26,000.00) (2,592,396.57) 2,631,200.00 38,803.43

Loan Pool (JXARS591CCWSE = AFTR591 & JXMS011WSEA) $1,974,000 PW0579

2005-539-E (1,026,448.00)

-

TOTAL (1,026,448.00)

182

PW0579

2006-810-E (300,000.00)

-

TOTAL (300,000.00)

D & W Electric

1

PW0635

2006-812-E (48,000.00)

-

-

TOTAL (48,000.00)

Glendale Road

9

2007-98-E (136,000.00)

-

-

TOTAL (136,000.00)

Tree Hill Nature Center

1

2007-598-E (138,000.00)

-

-

TOTAL (138,000.00)

2007-1001-E (205,000.00)

-

-

-

-

-

-

-

-

Pine Forest- Sewer

Pine Forest- Connections

The Hartley Press SUBTOTAL TOTAL WSEA LOAN POOL REMAINING BALANCE

1 194

TOTAL (205,000.00) (1,853,448.00) 1,974,000.00 120,552.00

Autumn Bond $1M (PWCP363WSEXP) Iroquois/Milam/Forest Park SUBTOTAL TOTAL AUTUMN BOND REMAINING BALANCE

PW0573

2007-10-E (394,800.00)

Capital Accounts Subtotals SUBTOTAL TOTAL WSEA LOAN POOL REMAINING BALANCE

TOTAL (394,800.00) (394,800.00) 1,000,000.00 605,200.00

(4,840,644.57) 5,605,200.00 764,555.43

Professional Services (JXM011WSEA)

2007-10-E (394,800.00)

Professional Services (# 03109) SUBTOTAL TOTAL PROFESSIONAL SVCS REMAINING BALANCE

TOTAL SUBTOTAL TOTAL ACCOUNTS REMAINING BALANCE

322

TOTAL (394,800.00) (394,800.00) 394,800.00 -

(5,235,444.57) 6,000,000.00 764,555.43

66

JACKSONVILLE TRANSPORTATION AUTHORITY MASS TRANSIT DIVISION-BUS QUARTERLY SUMMARY FOR THE PERIOD ENDED SEPTMBER 30, 2010

BALANCE SHEET INFORMATION-COMBINED Cash & Investments Current Assets Fixed Assets Total Assets

$

$

(4,675,741) 23,877,083 67,165,827 86,367,169

Current Liabilities Other Liabilities Fund Equity Total Liab. & Equity

$

$

5,718,765 2,468,032 78,180,372 86,367,169

BUDGET INFORMATION-BUS OPERATIONS

Annual Budget Revenues Federal, State & Local Grants Local Option Gas Tax Sales Tax Passenger Fares Preventive Maintenance Grant Non-transportation Interest earnings All other Transfers in From CTC

$

12 mos YTD Actual

9,385,718 27,951,000 26,000,000 8,165,500 361,963 225,000 260,000 207,081 100,000

$

6,087,756 28,269,053 13,407,500 8,758,234 2,227,898 419,370 12,722 255,614 100,080

Projected Favorable (Unfavorable) Budget Variance

2010 Projected

$

6,087,756 28,269,053 13,407,500 8,758,234 2,227,898 419,370 12,722 255,614 100,080

$

(3,297,962) 318,053 (12,592,500) 592,734 1,865,935 194,370 (247,278) 48,533 80

Total Revenues

72,656,262

59,538,227

59,538,227

(13,118,035)

Appropriations Salaries & Fringe Benefits Fuel Materials & Supplies Insurance Services ADA expense (revenue to CTC) Taxes & Licenses Utilities Lease expense Transfer to Skyway Transfer to CTC Reserve for Operations Miscellaneous

37,557,245 5,891,544 2,894,734 1,367,490 5,598,117 7,120,000 130,110 729,373 64,400 2,500,000 8,100,000 703,249

36,689,628 5,232,205 3,907,075 849,756 7,355,794 8,842,021 116,936 578,148 70,350 3,275,219 121,406 611,902

36,689,628 5,232,205 3,907,075 849,756 7,355,794 8,842,021 116,936 578,148 70,350 3,275,219 121,406 611,902

867,617 659,339 (1,012,341) 517,734 (1,757,677) (1,722,021) 13,174 151,225 (5,950) (775,219) (121,406) 8,100,000 91,347

Total Appropriations

72,656,262

67,650,440

67,650,440

5,005,822

Budget Difference

$

-

$

67

(8,112,213)

$

(8,112,213)

$

(8,112,213)

JACKSONVILLE TRANSPORTATION AUTHORITY MASS TRANSPORTATION DIVISION - SKYWAY QUARTERLY SUMMARY FOR THE PERIOD ENDED SEPTEMBER 30, 2010

BALANCE SHEET INFORMATION-COMBINED

Cash & Investments Current Assets Fixed Assets Total Assets

$

$

4,557,420 3,106,715 90,562,868 98,227,003


$

$

2,957,789 193,742 95,075,472 98,227,003

BUDGET INFORMATION-SKYWAY OPERATIONS

Annual Budget Passenger fares: - Parking Fees - Parking Fee Fares - Circulation Fares

$

subtotal

12 mos YTD Actual

115,200 195,800 189,000 500,000

$

118,692 83,234 142,410 344,336


2010 Projected

$

118,692 83,234 142,410 344,336

$

3,492 (112,566) (46,590) (155,664)

Preventive maintenance grant Interest Income All other Local Option Gas Tax Transfer in from Bus

2,000,000 113,148 2,718 620,000 2,500,000

1,400,000 5,335 1,116 3,275,219

1,400,000 5,335 1,116 3,275,219

(600,000) (107,813) (1,602) (620,000) 775,219

Total Revenues

5,735,866

5,026,006

5,026,006

(709,860)

Appropriations Salaries & Fringes Fuel and Lubricants Materials & Supplies Insurance Services Utilities Miscellaneous

3,338,605 15,000 1,093,231 371,454 566,859 315,214 35,503

2,624,148 15,483 911,094 452,468 672,334 323,626 26,853

2,624,148 15,483 911,094 452,468 672,334 323,626 26,853

714,457 (483) 182,137 (81,014) (105,475) (8,412) 8,650


5,735,866

5,026,006

5,026,006

709,860

Budget Difference

$

-

$

-

68

$

-

$

-

JACKSONVILLE TRANPORTATION AUTHORITY MASS TRANSIT DIVISION-CTC QUARTERLY SUMMARY FOR THE PERIOD ENDED SEPTEMBER 30, 2010

BALANCE SHEET INFORMATION Cash & Investments Current Assets Fixed Assets Total Assets

$

$

190,265 1,429,093 2,001,028 3,620,386


$

$

4,150,528 (*) 189,000 (719,142) 3,620,386

BUDGET INFORMATION Annual Budget

12 mos YTD Actual

Projected Fav (Unfav) Budget Variance

2010 Projected

REVENUES Passenger fares State-Transportation Disadvantaged JTA - ADA Complementary Paratransit City of Jacksonville contribution Preventive maintenance grant Interest earnings/all other Transfer in from Bus

$

Total Revenues

500,000 1,200,000 7,120,000 1,220,350 1,000,000 36,045 1,429,000

$

541,777 1,058,090 8,842,021 1,102,757 716,195 121,567 121,406

$

541,777 1,058,090 8,842,021 1,102,757 716,195 121,567 121,406

$

41,777 (141,910) 1,722,021 (117,593) (283,805) 85,522 (1,307,594)

12,505,395

12,503,813

12,503,813

(1,582)

3,326,447 968,350 541,666 42,170 7,229,749 500 132,632 92,258 100,000 71,623

2,616,158 1,320,252 642,743 43,408 7,522,509 89,415 95,826 100,080 73,422

2,616,158 1,320,252 642,743 43,408 7,522,509 89,415 95,826 100,080 73,422

710,289 (351,902) (101,077) (1,238) (292,760) 500 43,217 (3,568) (80) (1,799)

12,505,395

12,503,813

12,503,813

APPROPRIATIONS Salaries & Fringe Benefits Fuel and lubricants Materials & Supplies Insurance Services Taxes & Licenses Utilities Building lease, Training Transfer to Bus ( T D Ride Program) Miscellaneous Total Appropriations Budget Difference

$

-

$

-

$

(*) The majority of the current liabilities are owed to other funds at JTA and not to outside vendors.

69

-

1,582 $

-

JACKSONVILLE TRANSPORTATION AUTHORITY ENGINEERING DIVISION-GENERAL FUND QUARTERLY SUBMISSION FOR THE PERIOD ENDED SEPTEMBER 30, 2010

BALANCE SHEET INFORMATION Cash & Investments Current Assets Fixed Assets Total Assets

$

64,841,807 33,334,148

$

98,175,955

Annual Budget REVENUES Sales Tax Interest Income All Other (incl. BJP revenue) Total Revenues

EXPENDITURES(*) Salaries & Fringe Benefits Insurance Repairs & Maintenance Legal & Professional Utilities Supplies All other/Miscellaneous Total Administrative Expenses


12 mos YTD Actual

2010 Projected

$

$

4,274,488 93,901,467 98,175,955


$

68,760,864 1,881,262 -

$ 63,573,456 111,789 811,339

$

63,573,456 111,789 811,339

$

(5,187,408) (1,769,473) 811,339

$

70,642,126

$ 64,496,584

$

64,496,584

$

(6,145,542)

$

1,431,486 20,477 117,359 131,940 13,312 110,482 34,206

2,492,278 29,645 231,127 904,786 144,642 173,355 97,844

$

1,859,262

Administrative Capital Expenditures

$

4,073,677

2,492,278 29,645 231,127 904,786 144,642 173,355 97,844 $

4,073,677

(1,060,792) (9,168) (113,768) (772,846) (131,330) (62,873) (63,638) $

22,000

21,516

$

68,760,864

$ 63,295,181

$

63,295,181

$

5,465,683


$

70,642,126

$ 67,390,374

$

67,390,374

$

3,251,752

Difference

$

$

$

(2,893,790) (**)

$

(2,893,790)

Trfs out(Debt Service & BJP)

-

(2,893,790)

21,516

(2,214,415)

(**) This decreases fund balance at year end. Similar decreases took place in 2009 (-$2.1M), in 2008 (-$5.8M) and 2006 (-$8.4M). Fund balance still remains strong at $94M, 69% of which is cash and investments.

70

484

JACKSONVILLE TRANSPORTATION AUTHORITY CAPITAL BUDGET AND EXPENDITURES FOR THE YEAR ENDED: SEPTEMBER 30, 2010

Annual Budget

12 mos YTD Actual

Projected Fav/(Unfav) Budget Variance

2010 Projected

BUS OPERATIONS Federal, State and Local Grants

$

13,029,052

$

52,869

$

52,869

$

(12,976,183)

Total Revenues

$

13,029,052

$

52,869

$

52,869

$

(12,976,183)

Communications Equipment Computer Equipment Enhancements (Landscaping) Facility Improvements Information Kiosks Jacksonville Transportation Center (JTC) Office Furnishings & Equipment Program Administration Purchase Transit Vehicles (9 Buses) Purchase Vans (6 Van) Rapid Transit System (RTS) Real Estate Acquisition Security & Equipment (CCTV Video Surveillance) Shop Equipment Support Vehicles Transit Satellite Amenities (Bus Shelters) Transit Vehicles (6 Vans) Total Appropriations

$

395,000 461,500 155,000 386,145 625,000 3,593,750 89,257 45,000 3,000,000 120,000 1,500,000 1,500,000 160,000 7,600 20,000 970,800 13,029,052

$

Budget Difference

$

SKYWAY Federal Grants

$

Total Revenues

$

40,448

$

40,448

$

395,000 461,500 155,000 369,717 625,000 3,593,750 89,257 29,170 3,000,000 120,000 1,500,000 1,500,000 160,000 7,600 20,000 962,610 12,988,604

$

12,421

$

12,421

$

12,421

1,418,787

$

135,354

$

135,354

$

(1,283,433)

$

1,418,787

$

135,354

$

135,354

$

(1,283,433)

Associated Capital Maintenance Parts Barrier Protection Computer Equipment Facility Improvements Modernization Rehab/Renovate Transit Vehicles Security & Equipment (CCTV Video Surveillance)

$ $

310,000 100,000 390,854 250,000 367,933

$

109,480

$

109,480

$

(109,480) 310,000 100,000 (27,561) 390,854 250,000 367,933


$

1,418,787

$

Budget Difference

$

CONNEXION (CTC) Federal Grants JTA Amount (BJP) Total Revenue

$

$ $

Communications Equipment Miscellaneous Support Equipment (CCTV) Transit Vehicles (6 Vans) Total Appropriations

$

Budget Difference

$

$

-

16,428

16,428

15,830

15,830

8,190

8,190

27,561 -

-

$

2,027,445 2,027,445

$

393,000 630,000 1,004,445 2,027,445

137,041

(1,687)

$

274,440 274,440

$

274,440 274,440

27,561 -

$

$

$

137,041

(1,687)

$

274,440 274,440

$

274,440 274,440

$

$

(1,687)

$

(1,753,005) (1,753,005)

$

$

-

$

-

$

-

Note: Current fiscal year unexpended capital funds are carried over to subsequent years for future purchases.

71

1,281,746

$ $

393,000 355,560 1,004,445 1,753,005 -

JACKSONVILLE PORT AUTHORITY QUARTERLY REPORT SUMMARY For the Twelve Months Ending September 30, 2010 UNAUDITED

BALANCE SHEET Cash and Investments (1) Other Current Assets Fixed and Other Assets TOTAL ASSETS

(1) Includes restricted funds of

$

$

45,465,751 28,360,494 615,006,028 688,832,273

$

37,966,856

Current Current Liabilities Liabilities Other Other Liabilities Liabilities Total Equity TOTAL LIABILITIES & EQUITY

$

$

26,483,673 353,927,946 308,420,655 688,832,273

OPERATING & NON-OPERATING ITEMS

ORIGINAL BUDGET OPERATING REVENUES Autos Containers Break Bulk Cruise Liquid Bulk Dry Bulk Military Ferry Operations Other Operating Revenues TOTAL OPERATING REVENUES

OPERATING EXPENDITURES Salaries (2) Employee Benefits (2) Services & Supplies Security Services Business Travel & Training Promotion, Advertising & Dues Utility Services Repairs & Maintenance Projects Dredging Stormwater Fee Bad Debt Expense Ferry Operations Miscellaneous TOTAL OPERATING EXPENDITURES OPERATING INCOME NON-OPERATING REVENUES Investment Income Shared Revenue from Primary Govt Operating Grants Other Revenue

$

$

$

$

10,168,476 3,827,909 4,709,613 5,053,273 415,803 894,800 1,202,630 1,882,126 3,600,000 535,000 50,000 1,759,791 79,890 34,179,311

$

$

$ NON-OPERATING EXPENSES Debt Service Other Expenditures

11,162,935 22,872,980 3,605,724 3,352,354 705,046 2,126,899 1,300,000 1,196,942 1,786,317 48,109,197

$

$

$

12,491,445 23,241,887 4,357,138 3,403,221 854,827 1,895,418 2,126,017 935,644 1,941,515 51,247,111

$

9,887,838 3,512,664 4,217,727 4,972,970 360,198 737,676 1,173,188 1,858,364 3,264,918 133,985 50,000 1,675,764 144,980 31,990,271

13,929,886

$

152,567 8,445,478 2,860 8,600,905

$

$

$

ANNUAL PROJECTED $

$

$

12,491,445 23,241,887 4,357,138 3,403,221 854,827 1,895,418 2,126,017 935,644 1,941,515 51,247,111

$

$

$

9,887,838 3,512,664 4,217,727 4,972,970 360,198 737,676 1,173,188 1,858,364 3,264,918 133,985 50,000 1,675,764 144,980 31,990,271

$

280,638 315,245 491,886 80,303 55,605 157,124 29,442 23,762 335,082 401,015 84,027 (65,090) 2,189,040

19,256,840

$

19,256,840

$

5,326,954

119,896 8,010,594 113,751 117,778 8,362,019

$

119,896 8,010,594 113,751 117,778 8,362,019

$

$

$

$

21,189,238 20,062 21,209,300

$

1,328,510 368,907 751,414 50,867 149,781 (231,481) 826,017 (261,298) 155,198 3,137,914

$

$ NET INCOME BEFORE CAPITAL OUTLAY AND CONTINGENCY

$

2,207,732

$

6,409,559

$

6,409,559

$

4,201,827

Transfer (to)/from Operating Capital Outlay SURPLUS (DEFICIT)

$

(2,207,732) -

$

(2,207,732) 4,201,827

$

(2,207,732) 4,201,827

$ $

(4,201,827)

$ $

56,710,102 56,710,102

$ $

59,609,130 55,407,303

$ $

59,609,130 55,407,303

(2) Includes accrual for the remainder of Rick Ferrin's contract ($200,353) 1

72

$

$

21,189,238 20,062 21,209,300

(32,671) (434,884) 113,751 114,918 (238,886)

20,300,859 22,200 20,323,059


$

YTD ACTUAL

FAVORABLE (UNFAVORABLE) BUDGET VARIANCE

$

(888,379) 2,138 (886,241)

JACKSONVILLE PORT AUTHORITY QUARTERLY REPORT SUMMARY For the Twelve Months Ending September 30, 2010 UNAUDITED

CAPITAL

ANNUAL BUDGET RECEIPTS Federal Contributions State Contributions City Contributions JPA Financing Customer Contribution Insurance Proceeds (3) Capital Outlay Carryover TOTAL RECEIPTS

APPROPRIATIONS & EXPENDITURES Capital Outlay - Blount Island Projects Capital Outlay - Dames Point Projects Capital Outlay - Talleyrand Projects Capital Outlay - Miscellaneous Projects TOTAL APPROPRIATIONS & EXPENDITURES CAPITAL BUDGET DIFFERENCE

$

$

$

YTD ACTUAL

9,648,270 8,899,902 95,440 22,631,757 5,000,000 23,345,000 69,620,369

$

39,607,603 11,975,000 6,891,750 11,146,016 69,620,369

$

-

$

$

$

1,367,689 8,793,493 9,938,434 5,000,000 2,207,732 27,307,348

$

8,381,280 3,115,316 3,129,893 6,877,320 21,503,809

$

5,803,539

(3) Funds received on account from Insurance company (Replace BI Container Cranes) (4) Unexpended capital dollars will be carried over to new fiscal year (5) Some receipts collected in current FY were for prior year expenditures

2

73

ANNUAL PROJECTED

$

$

$

1,367,689 8,793,493 9,938,434 5,000,000 2,207,732 27,307,348

FAVORABLE (UNFAVORABLE) BUDGET VARIANCE

$

$

(8,280,581) (106,409) (95,440) (12,693,323) (5,000,000) (18,345,000) 2,207,732 (42,313,021)

$

8,381,280 3,115,316 3,129,893 6,877,320 21,503,809

$

31,226,323 8,859,684 3,761,857 4,268,696 48,116,560 (4)

$

5,803,539

$

5,803,539 (5)

SEP-2010 Jacksonville Aviation Authority Jacksonville, Florida Quarterly Report Summary For the twelve months ended September 30, 2010 UNAUDITED Cash and investments Other current assets Fixed and other assets Total assets

$

$

91,953,939 10,533,544 556,645,732 659,133,215

Current liabilities Other liabilities Total equity Total liabilities and equity

2009/2010 Revised Budget

OPERATING REVENUES Concessions Fees & Charges Space & Facility Rentals Parking Sale of Utilities Other Miscellaneous Operating Revenue TOTAL OPERATING REVENUES

$

14,057,412 12,591,580 17,819,232 15,604,373 1,513,033 121,296 61,706,926

OPERATING EXPENDITURES Salaries Benefits Services and Supplies Repairs & Maintenance Promotion, Advertising and Dues Registration & Travel Insurance Expense Cost of Goods for Sale Utilities, Taxes & Gov't Fees Emergency Reserve TOTAL OPERATING EXPENDITURES

OPERATING INCOME NON-OPERATING REVENUES Passenger Facility Charges Investment income Other Revenues TOTAL NON-OPERATING REVENUES NON-OPERATING EXPENDITURES Debt Service Other Expenditures TOTAL NON-OPERATING EXPENDITURES

$

YTD Actual

$

$

$

12,193,497 5,254,083 13,331,844 2,782,441 610,985 374,503 1,096,823 682,202 6,097,105 1,500,000 43,923,483

$

17,783,443

$

10,814,641 2,457,914 495,860 13,768,415

$

19,312,545 74,200 19,386,745

TOTAL REVENUES TOTAL APPROPRIATIONS FULLTIME POSITIONS TEMPORARY EMPLOYEE HOURS

$

25,195,935 197,050,326 436,886,954 659,133,215 Budget Variance Favorable (Unfavorable)

$

13,768,133 12,282,665 15,730,343 15,406,820 1,713,323 390,921 59,292,204

$

(289,279) (308,915) (2,088,889) (197,553) 200,290 269,625 (2,414,722)

$

12,127,479 4,436,272 12,331,819 2,200,471 485,793 237,327 1,088,319 567,460 5,152,453 38,627,393

$

12,127,479 4,436,272 12,331,819 2,200,471 485,793 237,327 1,088,319 567,460 5,152,453 38,627,393

$

66,018 817,811 1,000,025 581,970 125,192 137,176 8,504 114,742 944,652 1,500,000 5,296,090

$

20,664,811

$

20,664,811

$

2,881,368

$

11,329,159 1,871,717 1,454,303 14,655,178

$

11,329,159 1,871,717 1,454,303 14,655,178

$

18,692,524 228,553 18,921,077

$

16,398,913

Transfer (to) Operating Capital Outlay (8,717,000) Transfer (to)/from Passenger Facility Charge Reserve(2,915,382) Transfer (to)/from Retained Earnings (532,731) SURPLUS/(DEFICIT)

$

Annual Projected

13,768,133 12,282,665 15,730,343 15,406,820 1,713,323 390,921 59,292,204

$ 12,165,113 NET INCOME BEFORE OPERATING CAPITAL OUTLAY, PFC RESERVE AND CONTINGENCY

$

$

$

514,518 (586,197) 958,443 886,763

$

18,692,524 228,553 18,921,077

$

620,021 (154,353) 465,668

$

16,398,913

$

4,233,799

(1,165,780) (3,278,839) (11,954,294)

$ $

7,551,220 (363,457) (11,421,563)

(1,165,780) (3,278,839) (11,954,294)

$

0

$

0

$

0

$

(0)

$ $

75,475,341 75,475,341

$ $

73,947,382 73,947,382

$ $

73,947,382 73,947,382

$ $

(1,527,959) 1,527,959

251

220

66,020

37,150

74

220 37,150

31 28,870

Jacksonville Aviation Authority Jacksonville, Florida Quarterly Report Summary For the twelve months ended September 30, 2010 UNAUDITED

Annual Budget Capital revenues: Federal Contributions State Contributions Contingent Funding PFC Operating Capital Outlay Total revenues

Capital appropriations: Jacksonville International Airport Cecil Field Craig Airport Herlong Airport Total Appropriations

$

$

YTD Actual

9,073,094 1,235,000 8,145,000 3,220,531 8,717,000 30,390,625

$

$

638,737 241,102 4,084,609 1,165,780 6,130,228

Budget Variance Favorable (Unfavorable)

Annual Projected

$

$

638,737 241,102 4,084,609 1,165,780 6,130,228

$

$ $

(8,434,357) (993,898) (8,145,000) 864,078 (7,551,220) (24,260,397)

$

22,376,125 7,707,500 140,000 167,000

$

4,932,539 1,132,696 9,069 55,924

$

4,932,539 1,132,696 9,069 55,924

$

17,443,586 6,574,804 130,931 111,076

$

30,390,625

$

6,130,228

$

6,130,228

$

24,260,397

Note: JAA anticipates completion of all budgeted projects, however given the multi-year nature of these expenditures, JAA spent only $6,130,228 at fiscal year end.

75

Quarterly Summary for the Twelve Months Ended September 30

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