Bill Type and Number: Ordinance 2007-243

Sponsor: Council President at the request of the Water and Sewer Expansion Authority

Date of Introduction: February 27, 2007

Committee(s) of Reference: F

Date of Analysis: March 2, 2007

Type of Action: Budget ordinance amendment

Bill Summary: The bill amends Ordinance 2006-788-E (the FY06-07 budget ordinance) by amending the Water and Sewer Expansion Authority’s budget schedules to reflect the addition to the WSEA’s revenues of an inadvertently omitted $421,196 fund balance contribution from the JEA. The bill also amends the WSEA budget to reflect the rollover of $394,800 from the FY05-06 budget to the current budget as provided by recent Ordinance 2007-10-E. Finally, the bill reduces the WSEA’s budget for supplies and applies the excess supplies funding, the JEA contribution and the internal rollover funds to the Outside Consultants expenditure line.

Background Information: The WSEA intends to utilize the additional funding to engage a consultant to help the authority leverage outside funding sources to maximize the amount of work that can be accomplished with the authority’s own revenue sources.

Policy Impact Area: Water and Sewer Expansion Authority operations

Fiscal Impact: The bill increases the WSEA’s FY06-07 revenues from $1,686,158 to $2,502,154, reduces the expenditure line item for Supplies from $45,000 to $10,000 and increases the expenditure line item for Outside Consultants from $649,370 to $1,500,366.

Analyst: Clements