ACCOUNT # DESCRIPTION  2004 ACTUAL   2005 BUDGET   2005 ACTUAL   2006 BUDGET 
11/30
CAPITAL PROJECTS
REVENUE
308.00.10 BEGINNING BALANCE       3,960,910.03      4,164,800.00       4,164,866.39     4,819,000.00
318.30.10 REAL ESTATE EXCISE TAX  1ST 1/4 %            74,057.21         135,000.00          130,203.23        100,000.00
318.30.11 REAL ESTATE EXCISE TAX  2ND 1/4 %            74,057.15         135,000.00          128,671.16        100,000.00
334.03.81 TIB GRANT FUNDS                       -                        -                         -          500,000.00
337.44.10 HB 2260 GRANT FUNDS                       -                        -                         -            50,000.00
361.11.10 INVESTMENT INTEREST            53,115.86         135,000.00          113,196.39          75,000.00
367.12.10 IN LIEU OF PARKING                       -            34,000.00            34,000.00                     -  
369.90.10 MISCELLANEOUS             1,100.00                      -                         -                100.00
379.34.10 WATER SYSTEM DEVELOPMENT            71,481.00          64,500.00            64,360.00          48,800.00
379.34.11 WATER SYSTEM CONNECTION FEES            56,834.00          51,200.00            51,180.00          38,500.00
379.35.10 SEWER SYSTEM DEVELOPMENT            99,347.00         115,000.00          113,529.00          66,500.00
379.35.11 SEWER SYSTEM CONNECTION FEES            69,800.00          79,500.00            79,566.00          46,600.00
397.19.10 FROM CURRENT FUND            20,000.00          20,000.00            20,000.00          20,000.00
397.19.11 FROM CURRENT FUND FOR SEWER                       -           100,000.00          100,000.00                     -  
397.31.10 FROM STREET FUND            16,000.00          16,000.00            16,000.00          66,000.00
397.34.10 FROM WATER FUND          216,000.00         216,000.00          216,000.00        226,000.00
397.35.10 FROM SEWER FUND          216,000.00         116,000.00          116,000.00          66,000.00
397.37.10 FROM REFUSE FUND            21,000.00          21,000.00            21,000.00          21,000.00
397.38.10 FROM STORM WATER FUND            46,000.00          36,000.00            36,000.00          41,000.00
TOTAL REVENUE       1,034,792.22      1,274,200.00       1,239,705.78     1,465,500.00
Text Box: The Town levies a 1/2% real estate excise tax on the sale of real property within the Town. These funds must be used to finance those capital projects specified in the Town's capital facilities plan. New water and sewer connection fees are deposited directly in this fund to help finance future improvement of these systems. The Town has received a $50,000 HB 2260 grant from San Juan County and a grant from the State Transportation Improvement Board to help finance phase three of the Guard Street Improvements. Also "in lieu of parking" funds are deposited into this reserve. Developers are allowed to pay into this fund when constructing parking at their project is not feasible. The Town will use these funds in the future to develop a parking area within the Town.
CAPITAL PROJECTS
EXPENDITURES
596.34.41 WATER PROFESSIONAL SERVICES                       -                        -                         -            15,000.00
1 GUARD STREET MAIN (PHASE 3)       15,000
596.34.63 WATER SYSTEM IMPROVEMENTS          341,039.56          95,000.00            92,068.64          88,000.00
1 GUARD STREET MAIN (PHASE 3)       80,000
2 NICHOLS STREET MAIN         8,000
596.35.41 SEWER PROFESSIONAL SERVICES                       -            15,000.00            12,385.89          90,000.00
1 NELSON STREET MAIN       15,000
2 SEWER MARINE LINE        75,000
596.35.63 SEWER SYSTEM IMPROVEMENTS       1,161,966.48         468,500.00          125,629.77        430,000.00
1 NELSON STREET MAIN     200,000
2 DEPARTMENT OF ECOLOGY ORDER     200,000
3 PUGET SOUND KEEPERS ALLIANCE       30,000
596.37.41 REFUSE PROFESSIONAL SERVICES                      -                         -              5,000.00
DEVELOP A YARD WASTE PROGRAM
596.41.41 STREET PROFESSIONAL SERVICES                        -            60,000.00            23,906.39          10,000.00
GUARD STREET MAIN (PHASE 3)
596.41.63 STREET IMPROVEMENTS                       -                        -                         -          825,000.00
GUARD STREET MAIN (PHASE 3)
TOTAL EXPENDITURES       1,503,006.04         638,500.00          253,990.69     1,463,000.00
CAPITAL PROJECTS
BEGINNING BALANCE       3,960,910.03      4,164,800.00       4,164,866.39     4,819,000.00
REVENUE ESTIMATE       1,034,792.22      1,274,200.00       1,239,705.78     1,465,500.00
EXPENDITURE APPROPRIATION       1,503,006.04         638,500.00          253,990.69     1,463,000.00
ENDING BALANCE       3,492,696.21      4,800,500.00       5,150,581.48     4,821,500.00
Text Box: The 2004 water project was to install a 327' pump pressure zone from the Marguerite Street water tank to the Top of the Harbor. The upgrade to the wastewater treatment plant was completed in early 2004 as was the new pump station in Sunshine Alley. The Malcolm Street sewer main will be relocated in 2005. A portion of the main is located on private property. The Town is under a Department of Ecology (DOE) compliance order to replace an ageing sewer main each year over the next ten years. The Town is also under a DOE order to make improvements at the wastewater plant to comply with our NDPES permit. The Town has been award a State Transportation Board grant for improvements on a portion of Guard Street. The water main on Guard will be replaced during the project. The Town will develop a yard waste management program in 2006. As of December 31, 2005, the burning of yard waste will be prohibited.
EQUIPMENT RESERVE
REVENUE
308.00.20 BEGINNING BALANCE          718,167.49         749,000.00          748,986.10        863,850.00
361.11.20 INVESTMENT INTEREST             9,640.00          22,000.00            18,900.86          10,000.00
369.90.20 SALE OF EQUIPMENT             4,351.51            2,000.00             1,617.23            1,000.00
397.19.20 FROM CURRENT FUND             7,000.00            7,000.00             7,000.00            7,000.00
397.19.21 FROM CURRENT FUND  FIRE DEPT            58,500.00          58,500.00            58,500.00          59,500.00
397.34.20 FROM WATER FUND            33,600.00          33,600.00            33,600.00          43,700.00
397.35.20 FROM SEWER FUND            35,300.00          35,300.00            35,300.00          45,900.00
397.37.20 FROM REFUSE FUND            34,800.00          34,800.00            34,800.00          33,900.00
397.38.20 FROM STORMWATER FUND                       -                        -                         -              4,400.00
397.40.20 FROM STREET FUND          133,150.00          40,450.00            40,450.00          44,150.00
TOTAL REVENUE          316,341.51         233,650.00          230,168.09        249,550.00
EQUIPMENT RESERVE
EXPENDITURES
591.22.66 LEASE PAYMENTS            51,115.42          53,500.00            53,441.18          53,500.00
 FIRE ENGINE
591.22.83 INTEREST PAYMENTS             7,299.54            5,000.00             4,973.78            2,600.00
 FIRE ENGINE
594.13.64 EQUIPMENT ADMINISTRATION            10,769.50            1,900.00             1,782.00            4,800.00
1 COMPUTER MAYOR'S OFFICE            800
2 MONITOR EXECUTIVE ASSISTANT            600
3 PRINTER EXECUTIVE ASSISTANT            600
4 COMPUTER CASH RECEIPTING DESK            700
5 COMPUTER SYSTEM ADMINISTRATOR         2,100
594.22.64 EQUIPMENT FIRE DEPARTMENT            1,000.00             1,097.45                     -  
594.31.64 EQUIPMENT STREET DEPARTMENT          189,645.63            1,000.00             1,392.52                     -  
594.34.64 EQUIPMENT WATER DEPARTMENT                       -            18,900.00            18,836.67          20,800.00
1 COMPUTER            800
2 PICKUP TRUCK       20,000
594.35.64 EQUIPMENT SEWER DEPARTMENT                       -            23,900.00            22,749.35                     -  
594.37.64 EQUIPMENT REFUSE DEPARTMENT                       -                        -                         -            28,000.00
RECYCLING TRUCK
594.39.64 EQUIPMENT TOWN SHOP             2,484.97            1,100.00             1,148.13                     -  
594.48.44 ADVERTISING                841.99               200.00                  82.40              200.00
594.48.53 INTERGOVERNMENTAL                365.85               500.00                  67.61              500.00
594.58.64 EQUIPMENT COMMUNITY DEVELOPMENT            4,500.00             4,449.92            3,200.00
1 COMPUTER ZONING COORDINATOR         1,200
2 UPS ZONING COORDINATOR            200
3 COMPUTER CODE COMPLIANCE            800
4 COMPUTER PERMIT TECHNICIAN         1,000
581.20.00 INTERFUND LOAN REPAYMENT            23,000.00            7,300.00             7,300.00                     -  
TOTAL EXPENDITURES          285,522.90         118,800.00          117,321.01        113,600.00
EQUIPMENT RESERVE
BEGINNING BALANCE          718,167.49         749,000.00          748,986.10        863,850.00
REVENUE ESTIMATE          316,341.51         233,650.00          230,168.09        249,550.00
EXPENDITURE APPROPRIATION          285,522.90         118,800.00          117,321.01        113,600.00
ENDING BALANCE          748,986.10         863,850.00          861,833.18        999,800.00
HARBOR IMPROVEMENTS
REVENUE
308.00.30 BEGINNING BALANCE          307,103.53         335,500.00          335,529.29        268,000.00
336.02.35 HARBOR LEASES            25,249.62          25,000.00             2,578.84          25,000.00
361.11.30 INVESTMENT INTEREST             4,364.88            7,500.00             7,399.59              500.00
369.90.30 MISCELLANEOUS                       -                        -                  550.00                     -  
TOTAL REVENUE            29,614.50          32,500.00            10,528.43          25,500.00
EXPENDITURES
596.76.63 IMPROVEMENTS             1,188.74         200,000.00            15,761.83        250,000.00
MEMORIAL PARK
TOTAL EXPENDITURES             1,188.74         200,000.00            15,761.83        250,000.00
BEGINNING BALANCE          307,103.53         335,500.00          335,529.29        268,000.00
REVENUE ESTIMATE            29,614.50          32,500.00            10,528.43          25,500.00
EXPENDITURE APPROPRIATIONS             1,188.74         200,000.00            15,761.83        250,000.00
ENDING BALANCE          335,529.29         168,000.00          330,295.89          43,500.00
MAJOR REPAIRS
REVENUE
308.00.40 BEGINNING BALANCE          471,146.63         531,200.00          531,250.99        483,200.00
361.11.40 INVESTMENT INTEREST             6,773.71          17,000.00            13,777.52          10,000.00
397.19.40 FROM CURRENT            20,000.00          20,000.00            20,000.00          10,000.00
397.34.40 FROM WATER            24,500.00          24,500.00            24,500.00          19,500.00
397.35.40 FROM SEWER            26,500.00          26,500.00            26,500.00          26,500.00
TOTAL REVENUE
           77,773.71          88,000.00            84,777.52          66,000.00
Text Box: The reserve for major repairs was started in 1989 to set aside money for future major repairs to the Town's utility systems and Town Hall and the Fire Station.
MAJOR REPAIRS
EXPENDITURES
519.19.48  TOWN HALL/FIRE STATION                       -            28,800.00            21,659.15                     -  
534.34.48 WATER SYSTEM            11,234.50          15,000.00                       -            50,000.00
MEDIA CHANGE
534.35.48 SEWER SYSTEM             6,434.85          95,000.00            71,995.12          35,000.00
1 SUBMARINE LINE       25,000
2 LEAK DETECTION       10,000
537.37.48 REFUSE UTILITY                       -              7,200.00             7,129.74                     -  
TOTAL EXPENDITURES            17,669.35         146,000.00          100,784.01          85,000.00
BEGINNING BALANCE          471,146.63         531,200.00          531,250.99        483,200.00
REVENUE ESTIMATE            77,773.71          88,000.00            84,777.52          66,000.00
EXPENDITURE APPROPRIATIONS            17,669.35         146,000.00          100,784.01          85,000.00
ENDING BALANCE          531,250.99         473,200.00          515,244.50        464,200.00
Text Box: The installation of a new roof on Town Hall and the Fire Station will be completed in 2005. 2004 water repairs were for the inspection of the Town's water tanks and for having a water line leak detection survey performed. In 2006 the media in one of the filters will be replaced. Funds are budgeted in this reserve for repairs to the sewer submarine line. The Town is developing a plan to replace or relocate this main. Funds have been budgeted for inspection of this main. In 2005 the buildings at the refuse property were painted.
LAND ACQUISITION
REVENUE
308.00.50 BEGINNING BALANCE          366,414.37         390,650.00          391,521.00        400,950.00
361.11.50 INVESTMENT INTEREST             5,106.63          10,000.00             9,992.62          10,000.00
397.19.50 FROM CURRENT            10,000.00               100.00                       -                100.00
397.34.50 FROM WATER                       -                 100.00                       -                100.00
397.35.50 FROM SEWER            10,000.00               100.00                       -                100.00
TOTAL REVENUE            25,106.63          10,300.00             9,992.62          10,300.00
EXPENDITURES
                      -                        -                         -                       -  
TOTAL EXPENDITURES                       -                        -                         -                       -  
BEGINNING BALANCE          366,414.37         390,650.00          391,521.00        400,950.00
REVENUE ESTIMATES            25,106.63          10,300.00             9,992.62          10,300.00
EXPENDITURE APPROPRIATIONS                       -                        -                         -                       -  
ENDING BALANCE          391,521.00         400,950.00          401,513.62        411,250.00
Text Box: This department was started in 1990 to begin saving money for future property purchases such as right of ways . Presenty there are no budgeted transfers to this reserve
STUDY RESERVE
REVENUE
308.00.60 BEGINNING BALANCE          174,435.45         208,400.00          208,336.29        224,900.00
361.11.60 INVESTMENT INTEREST             2,635.03            6,500.00             5,609.40            4,000.00
397.31.60 FROM STREET             5,000.00            5,000.00             5,000.00            5,000.00
397.34.60 FROM WATER            10,000.00          10,000.00            10,000.00          10,000.00
397.35.60 FROM SEWER            30,000.00          15,000.00            15,000.00          15,000.00
397.58.60 FROM CURRENT             5,000.00         119,000.00          119,000.00            5,000.00
TOTAL REVENUE            52,635.03         155,500.00          154,609.40          39,000.00
Text Box: This department was created originally in 1991 to save money to update the water comprehensive plan every 5 years as required by state health regulations. Expanded over the years, funds have been used to update the land use plan, fund a wastewater engineering plan and two utility rate studies.
STUDY RESERVE
EXPENDITURES
531.31.41 STREET FUND STUDIES            11,275.95                      -                         -                       -  
534.34.41 WATER FUND STUDIES                972.50         134,000.00            42,380.46                     -  
535.35.41 SEWER FUND STUDIES             6,485.74            5,000.00             4,958.73                     -  
558.58.41 CURRENT FUND STUDIES                       -                        -                         -                       -  
TOTAL EXPENDITURES            18,734.19         139,000.00            47,339.19                     -  
BEGINNING BALANCE          174,435.45         208,400.00          208,336.29        224,900.00
REVENUE ESTIMATE            52,635.03         155,500.00          154,609.40          39,000.00
EXPENDITURE APPROPRIATIONS            18,734.19         139,000.00            47,339.19                     -  
Text Box: In 2004 the pavement inventory of the Town's streets was complete. This inventory was required before the Town could apply for state funds. Recent legislation requires that cities and town have a pavement inventory for their arterial streets. The Town had its sewer gray water outfall inspected in 2004 which is a requirement of our state discharge permit. In 2005 the Town complete its infiltration and inflow (I/I) report. The Town will complete its water ozone pilot study in 2005. The study is needed to find treatment methods ensuring that the Town's water meets ever changing Department of Health regulations. The Town has begun work on its sewer feasibility study which will investigate alternatives to the sewer submarine main. The Town is under a Department of Ecology order to find a better way to transport collections from Pump Station #1 to the treatment plant. Money was transferred from the Current Fund to help pay for both of these studies.
ENDING BALANCE          208,336.29         224,900.00          315,606.50        263,900.00
RAINY DAY RESERVE
REVENUE
308.00.70 BEGINNING BALANCE          135,133.12         141,000.00          141,998.90        145,100.00
361.11.70 INVESTMENT INTEREST             1,865.78            4,000.00             3,624.39            3,000.00
397.19.70 FROM CURRENT             5,000.00               100.00                       -                100.00
TOTAL REVENUE             6,865.78            4,100.00             3,624.39            3,100.00
EXPENDITURES
TOTAL EXPENDITURES                       -                        -                         -                       -  
BEGINNING BALANCE          135,133.12         141,000.00          141,998.90        145,100.00
REVENUE ESTIMATE             6,865.78            4,100.00             3,624.39            3,100.00
EXPENDITURE APPROPRIATIONS                       -                        -                         -                       -  
ENDING BALANCE          141,998.90         145,100.00          145,623.29        148,200.00
Text Box: Created in 1991, this fund is to save money for emergency expenditures. Funding for this reserve came from a transfer from the Current Fund. There is no transfer budgeted in 2006.
HOTEL/MOTEL TAX
REVENUE
308.00.80 BEGINNING BALANCE          673,383.45         175,200.00          175,202.77        202,300.00
313.30.80 HOTEL/MOTEL TAX          105,929.45         118,300.00          112,281.11        105,000.00
313.30.81 HOTEL/MOTEL LODGING TAX          104,586.36         118,300.00          112,261.11        105,000.00
361.11.80 INVESTMENT INTEREST             5,281.17            5,500.00             4,454.27            3,000.00
367.65.80 DONATIONS                       -                 100.00                       -                       -  
369.40.80 RESTITUTION                       -                 100.00                  52.86                10.00
369.90.80 MISCELLANEOUS REVENUE                471.39                 10.00                       -                  10.00
TOTAL REVENUE          216,268.37         242,310.00          229,049.35        213,020.00
Text Box: This reserve was added in 1992 when the Town began levying the first 2% hotel/motel tax. This money comes from the State's portion of sales tax collected on overnight accommodations located within the Town and may be used to construct and operate tourist related facilities. In the fall of 2001 the Town levied a special 2% hotel/motel lodging tax which is an additional tax on the cost of overnight lodging. These funds are used to promote tourism. A five member lodging committee oversees this program.
HOTEL/MOTEL TAX
EXPENDITURES
557.30.10 PERSONNEL                189.72               500.00                451.50              500.00
557.30.20 BENEFITS                  43.53               100.00                113.88              100.00
557.30.31 SUPPLIES             4,187.32            5,000.00             2,919.60            5,000.00
557.30.32 FUEL                433.77            1,800.00                778.76            1,800.00
PROPANE
557.30.40 LEGAL                       -                 100.00                       -                100.00
557.30.41 CONTRACT SERVICES            78,725.00         209,900.00          176,899.04        154,500.00
1 SECRETARY LODGING BOARD            500
2 RESTROOM CLEANING       19,000
3 SJ ISLAND CHAMBER VISTOR CENTER       15,000
4 SAN JUAN ISLAND VISITORS BUREAU       70,000
5 WESTCOTT BAY INSTITUTE         8,000
6 SAN JUAN ISLAND ARTIST'S STUDIO         1,000
7 WHALE MUSEUM         8,424
8 SJ ISLAND CHAMBER ISLAND LIGHTS FESTIVAL       15,000
9 IN THE WOODS         1,200
10 NW WORKFORCE DEVELOPMENT COUNCIL       10,200
11 SJ ISLAND CHAMBER VISTOR CENTER - 2ND 2%         3,976
12 SAN JUAN ISLAND PARKS & RECREATION         2,200
557.30.44 ADVERTISING                  36.06               350.00                306.62              350.00
557.30.46 INSURANCE                       -                        -                         -              2,800.00
557.30.47 UTILITIES             4,635.34            9,000.00             7,652.86            8,500.00
1 OPALCO         1,000
2 TOWN         7,500
557.30.48 REPAIR & MAINTENANCE                499.06               500.00                140.01              500.00
557.30.49 MISCELLANEOUS            13,000.00            3,000.00                       -              3,000.00
WALKING TOUR BROCHURE
557.30.62 CONSTRUCTION          440,529.07                      -                         -                       -  
TOTAL EXPENDITURES          542,278.87         230,250.00          189,262.27        177,150.00
BEGINNING BALANCE          673,383.45         175,200.00          175,202.77        202,300.00
REVENUE ESTIMATE          216,268.37         242,310.00          229,049.35        213,020.00
EXPENDITURE APPROPRIATIONS          542,278.87         230,250.00          189,262.27        177,150.00
ENDING BALANCE          347,372.95         187,260.00          214,989.85        238,170.00
INTERMODAL FACILITY RESERVE
REVENUE
308.00.90 BEGINNING BALANCE            16,350.00          21,500.00            21,531.13          22,200.00
361.11.90 INVESTMENT INTEREST                181.13               600.00                550.17              600.00
397.40.90 FROM CURRENT             5,000.00               100.00                       -                100.00
TOTAL REVENUE             5,181.13               700.00                550.17              700.00
EXPENDITURES
                      -                        -                         -                       -  
TOTAL EXPENDITURES                       -                        -                         -                       -  
BEGINNING BALANCE            16,350.00          21,500.00            21,531.13          22,200.00
REVENUE ESTIMATE             5,181.13               700.00                550.17              700.00
EXPENDITURE APPROPRIATIONS                       -                        -                         -                       -  
ENDING BALANCE            21,531.13          22,200.00            22,081.30          22,900.00
Text Box: This reserve was added in 1998. It was started to save money to finance the Town's portion of the Intermodal Facility Plan's outlined improvement projects. This plan was funded by the Port of Friday Harbor, San Juan County and the Washington State Department of Transportation. This plan will be updated in the near future.
CAPITAL RESERVE FUND #150
BEGINNING BALANCE       6,823,044.07      6,717,250.00       6,719,222.86     7,429,500.00
REVENUE ESTIMATES       1,764,578.88      2,041,260.00       1,963,005.75     2,072,670.00
EXPENDITURE APPROPRIATIONS       2,368,400.09      1,472,550.00          724,459.00     2,088,750.00
ENDING BALANCE       6,219,222.86      7,285,960.00       7,957,769.61     7,413,420.00
Capital Reserve Ending Balance by Department
Capital Projects          4,821,500
Equipment Reserve             999,800
Harbor Improvements              43,500
Major Repairs             464,200
Land Purchase             411,250
Study Reserve             263,900
Rainy Day Reserve             148,200
Hotel/Motel Tax             238,170
Intermodal              22,900
         7,413,420