ACCOUNT # DESCRIPTION  2005 ACTUAL   2006 BUDGET   2006 ACTUAL   2007 BUDGET 
CAPITAL PROJECTS
REVENUE
308.00.10 BEGINNING BALANCE      4,156,785.48     5,075,000.00      5,177,269.44    5,415,800.00
318.30.10 REAL ESTATE EXCISE TAX  1ST 1/4 %         135,395.97       105,000.00         107,616.74         75,000.00
318.30.11 REAL ESTATE EXCISE TAX  2ND 1/4 %         135,395.92       105,000.00         107,616.73         75,000.00
333.03.60 FEDERAL HIGHWAY FUNDS (FHWA)                      -           50,000.00                      -           65,000.00
334.03.81 TIB GRANT FUNDS                      -         415,000.00         575,879.04         85,000.00
337.44.10 HB 2260 GRANT FUNDS           34,809.37         15,200.00           15,190.63       110,000.00
361.11.10 INVESTMENT INTEREST         147,835.84       255,000.00         258,217.51       250,000.00
367.12.10 IN LIEU OF PARKING           34,000.00         13,600.00           13,600.00         46,700.00
369.90.10 MISCELLANEOUS                      -                400.00               375.00             100.00
379.34.10 WATER SYSTEM DEVELOPMENT           67,578.00         48,800.00           59,490.00         35,000.00
379.34.11 WATER SYSTEM CONNECTION FEES           53,739.00         38,500.00           47,302.00         25,000.00
379.35.10 SEWER SYSTEM DEVELOPMENT         129,996.00         75,000.00           96,790.00         69,800.00
379.35.11 SEWER SYSTEM CONNECTION FEES           91,134.00         53,000.00           67,965.00         49,000.00
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                     -                        -                      -  
397.31.10 FROM STREET FUND           16,000.00         66,000.00           66,000.00       166,000.00
397.34.10 FROM WATER FUND         216,000.00       226,000.00         226,000.00       226,000.00
397.35.10 FROM SEWER FUND         116,000.00         66,000.00           66,000.00         66,000.00
397.37.10 FROM REFUSE FUND           21,000.00         21,000.00           16,000.00         16,000.00
397.38.10 FROM STORM WATER FUND           36,000.00         41,000.00           41,000.00         56,000.00
TOTAL REVENUE      1,354,884.10     1,614,500.00      1,785,042.65    1,435,600.00
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. In 2006 the Town 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                      -             6,700.00            6,778.64           4,300.00
1 GUARD STREET MAIN (PHASE 4)        4,300
596.34.63 WATER SYSTEM IMPROVEMENTS           92,348.64       195,000.00         190,174.77         15,400.00
0 NASH STREET FROM MARKET TO SPRUCE       10,000
1 COMPLETE GUARD STREET MAIN (PHASE 3)        5,400
596.35.41 SEWER PROFESSIONAL SERVICES           15,756.81           1,500.00                      -           75,000.00
1 3W WATER SYSTEM       75,000
596.35.63 SEWER SYSTEM IMPROVEMENTS         286,868.46       480,400.00         297,502.80       161,600.00
1 NELSON/GUARD/RHONE STREETS     151,600
2 3W WATER SYSTEM       10,000
596.37.41 REFUSE PROFESSIONAL SERVICES              500.00                      -                      -  
YARD WASTE PROGRAM
596.37.63 MONITORING WELLS                      -           55,000.00           64,808.14             200.00
596.38.41 STORMWATER PROFESSIONAL SERVICES                      -             9,500.00           11,064.41         67,000.00
COMPLETE LARSON STORM DRAIN PLAN
596.38.63 STORMWATER CONSTRUCTION                      -           35,000.00           34,585.85                    -  
596.39.63 FENCE SHOP PROPERTY                      -                       -                        -                      -  
1 HARBOR STREET             -  
2 MARGUERITE PLACE             -  
596.41.41 STREET PROFESSIONAL SERVICES            41,222.32       100,000.00           67,770.25         90,000.00
1 GUARD STREET MAIN (PHASE 4)       80,000
2 UTILITY INSPECTION       10,000
596.41.44 ADVERTISING                      -             1,000.00            1,194.45           1,000.00
596.41.51 SAN JUAN COUNTY                     -                        -           16,700.00
GUARD STREET MAIN (PHASE 4)
596.41.61 RIGHT OF WAY GUARD STREET (PHASE 4)                      -                       -                        -         114,000.00
596.41.63 STREET IMPROVEMENTS                      -         955,200.00         872,613.68         55,000.00
1 GUARD STREET MAIN (PHASE 3)             -  
596.48.63 PUBLIC WORKS YARD IMPROVEMENTS                      -                       -                        -             7,500.00
HARBOR STREET PROPERTY
TOTAL EXPENDITURES         436,196.23     1,839,800.00      1,546,492.99       607,700.00
CAPITAL PROJECTS
Text Box: The installation a 327' pump pressure zone from the Marguerite Street water tank to the Top of the Harbor started in 2004 and completed in 2005. In 2006 the water main on Guard Street was upgraded. The Nash Street water improvement project has been carried over from 2006. The Malcolm Street sewer main was relocated and upgraded in 2005. The Town is under a Department of Ecology (DOE) compliance order to replace an aging sewer main each year over the next ten years. The replacement of these lines will help reduce inflow and infiltration of rain into the Town's sewer system. In 2007 a storage system for the treatment plant's effluent will be installed. This will allow the use of this recycled water in the treatment process instead of using potable water. The State has banned the burning of yard waste as of December 31, 2006. The Town will develop a yard waste management program in early 2007. To fill requirements of the Town's ash fill closure, the Town installed more monitoring wells on its refuse property in 2006. In 2006 the Linder Street storm drain was upgraded. The Town was awarded a State Transportation Board grant for improvements for a portion of Guard Street known as phase 3. These improvements were completed in October 2006. The Town has received funding for phase 4 of Guard Street. The design is complete and construction is scheduled for 2008.
BEGINNING BALANCE      4,156,785.48     5,075,000.00      5,177,269.44    5,415,800.00
REVENUE ESTIMATE      1,354,884.10     1,614,500.00      1,785,042.65    1,435,600.00
EXPENDITURE APPROPRIATION         436,196.23     1,839,800.00      1,546,492.99       607,700.00
ENDING BALANCE      5,075,473.35     4,849,700.00      5,415,819.10    6,243,700.00
EQUIPMENT RESERVE
REVENUE
308.00.20 BEGINNING BALANCE         748,986.10       867,500.00         867,538.70    1,053,300.00
361.11.20 INVESTMENT INTEREST           24,715.02         45,000.00           45,905.00         50,000.00
369.90.20 SALE OF EQUIPMENT            1,617.23           1,000.00                      -           15,800.00
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         59,500.00           59,500.00         55,000.00
397.34.20 FROM WATER FUND           33,600.00         43,700.00           43,700.00         43,700.00
397.35.20 FROM SEWER FUND           35,300.00         45,900.00           45,900.00         45,900.00
397.37.20 FROM REFUSE FUND           34,800.00         33,900.00           33,900.00         33,900.00
397.38.20 FROM STORMWATER FUND                      -             4,400.00            4,400.00           4,400.00
397.40.20 FROM STREET FUND           40,450.00         44,150.00           44,150.00         44,150.00
TOTAL REVENUE         235,982.25       284,550.00         284,455.00       299,850.00
EQUIPMENT RESERVE
EXPENDITURES
591.22.66 LEASE PAYMENTS           53,441.18         55,900.00           55,872.77                    -  
591.22.83 INTEREST PAYMENTS            4,973.78           2,600.00            2,542.19                    -  
594.13.64 EQUIPMENT ADMINISTRATION            1,782.08         16,500.00           15,596.65                    -  
594.19.64 EQUIPMENT TOWN HALL                      -                       -                        -             7,100.00
PARKING VEHICLE
594.22.64 EQUIPMENT FIRE DEPARTMENT            1,097.45                     -                        -           11,000.00
RESCUE TRUCK
594.31.64 EQUIPMENT STREET DEPARTMENT            1,392.52                     -                        -                      -  
594.34.64 EQUIPMENT WATER DEPARTMENT           18,836.67         15,900.00           15,719.75                    -  
594.35.64 EQUIPMENT SEWER DEPARTMENT           22,749.35           5,500.00            5,385.27                    -  
594.37.64 EQUIPMENT REFUSE DEPARTMENT                      -                       -                        -           20,700.00
RECYCLING TRUCK
594.39.64 EQUIPMENT PUBLIC WORKS            1,256.69                     -                        -           86,800.00
0 EXCAVATOR       52,300
1 SMALL DUMP TRUCK       34,500
594.48.44 ADVERTISING                 82.40              200.00                      -               500.00
597.48.49 MISCELLANEOUS                      -                       -                        -               200.00
RECYCLE ELECTONICS
594.48.53 INTERGOVERNMENTAL                 67.61              500.00                      -               500.00
594.58.64 EQUIPMENT COMMUNITY DEVELOPMENT            4,449.92           3,800.00            3,506.89                    -  
581.20.00 INTERFUND LOAN REPAYMENT            7,300.00                     -                        -                      -  
TOTAL EXPENDITURES         117,429.65       100,900.00           98,623.52       126,800.00
EQUIPMENT RESERVE
BEGINNING BALANCE         748,986.10       867,500.00         867,538.70    1,053,300.00
REVENUE ESTIMATE         235,982.25       284,550.00         284,455.00       299,850.00
EXPENDITURE APPROPRIATION         117,429.65       100,900.00           98,623.52       126,800.00
ENDING BALANCE         867,538.70     1,051,150.00      1,053,370.18    1,226,350.00
HARBOR IMPROVEMENTS
REVENUE
308.00.30 BEGINNING BALANCE         335,529.29       188,900.00         188,961.41         15,200.00
336.02.35 HARBOR LEASES            2,578.84         34,100.00           34,090.04             800.00
361.11.30 INVESTMENT INTEREST           10,557.30           1,700.00            1,692.49             800.00
369.90.30 MISCELLANEOUS               550.00                     -                        -                      -  
381.20.30 INTERFUND LOAN                      -           80,000.00           80,000.00                    -  
397.76.30 TRANSFER FROM CURRENT                      -           36,700.00           36,700.00                    -  
TOTAL REVENUE           13,686.14       152,500.00         152,482.53           1,600.00
EXPENDITURES
581.20.00 INTERFUND LOAN REPAYMENT                      -           80,000.00           80,000.00                    -  
596.76.63 IMPROVEMENTS         160,254.02       247,000.00         246,179.44                    -  
TOTAL EXPENDITURES         160,254.02       327,000.00         326,179.44                    -  
BEGINNING BALANCE         335,529.29       188,900.00         188,961.41         15,200.00
REVENUE ESTIMATE           13,686.14       152,500.00         152,482.53           1,600.00
EXPENDITURE APPROPRIATIONS         160,254.02       327,000.00         326,179.44                    -  
ENDING BALANCE         188,961.41         14,400.00           15,264.50         16,800.00
MAJOR REPAIRS
REVENUE
308.00.40 BEGINNING BALANCE         539,331.90       511,700.00         409,958.76       446,600.00
361.11.40 INVESTMENT INTEREST           17,420.35         20,000.00           21,164.36         20,000.00
397.19.40 FROM CURRENT           20,000.00         10,000.00           10,000.00         10,000.00
397.34.40 FROM WATER           24,500.00         19,500.00           19,500.00         19,500.00
397.35.40 FROM SEWER           26,500.00         26,500.00           26,500.00         26,500.00
TOTAL REVENUE
          88,420.35         76,000.00           77,164.36         76,000.00
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, Town Hall and the Fire Station.
MAJOR REPAIRS
EXPENDITURES
519.19.48 TOWN HALL/FIRE STATION           29,258.15                     -                        -             2,200.00
0 REPLACE WINDOWS             -  
1 FIRE STATION SIGN        2,200
534.34.48 WATER SYSTEM                      -           15,000.00           10,701.66         55,000.00
1 MEDIA CHANGE       50,000
2 LEAK DETECTION        5,000
535.35.48 SEWER SYSTEM           79,609.51         35,000.00           29,805.17         50,000.00
0 SUBMARINE LINE       25,000
1 OUTFALL LINE       25,000
537.37.48 REFUSE UTILITY            7,129.74                     -                        -                      -  
TOTAL EXPENDITURES         115,997.40         50,000.00           40,506.83       107,200.00
BEGINNING BALANCE         539,331.90       511,700.00         409,958.76       446,600.00
REVENUE ESTIMATE           88,420.35         76,000.00           77,164.36         76,000.00
EXPENDITURE APPROPRIATIONS         115,997.40         50,000.00           40,506.83       107,200.00
ENDING BALANCE         511,754.85       537,700.00         446,616.29       415,400.00
Text Box: The installation of a new roof on Town Hall and the Fire Station was completed in 2005. In 2007 the media in one of the water treatment filters will be replaced. Funds are budgeted in this reserve for repairs to the sewer submarine line. The main is scheduled to be relocated in 2008. In 2005 the buildings at the refuse property were painted.
LAND ACQUISITION
REVENUE
308.00.50 BEGINNING BALANCE         391,521.00       400,950.00         403,675.01       423,900.00
361.11.50 INVESTMENT INTEREST           12,154.01         20,000.00           20,267.89         18,000.00
397.19.50 FROM CURRENT                      -                100.00                      -             5,000.00
397.34.50 FROM WATER                      -                100.00                      -               100.00
397.35.50 FROM SEWER                      -                100.00                      -               100.00
TOTAL REVENUE           12,154.01         20,300.00           20,267.89         23,200.00
EXPENDITURES
                     -                       -                        -                      -  
TOTAL EXPENDITURES                      -                       -                        -                      -  
BEGINNING BALANCE         391,521.00       400,950.00         403,675.01       423,900.00
REVENUE ESTIMATES           12,154.01         20,300.00           20,267.89         23,200.00
EXPENDITURE APPROPRIATIONS                      -                       -                        -                      -  
ENDING BALANCE         403,675.01       421,250.00         423,942.90       447,100.00
Text Box: This department was started in 1990 to begin saving money for future property purchases such as right of ways. A transfer from the Current Fund is budgeted in 2007.
STUDY RESERVE
REVENUE
308.00.60 BEGINNING BALANCE         208,336.29       317,300.00         317,373.02       165,200.00
334.04.21 GMA GRANT                      -           30,000.00           20,000.00         10,000.00
361.11.60 INVESTMENT INTEREST            7,595.96         13,000.00           13,342.98           6,500.00
388.80.60 PRIOR YEAR REFUND                      -                225.00               225.00                    -  
391.80.60 PUBLIC WORKS TRUST FUND LOAN                      -         400,000.00         300,000.00       100,000.00
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           15,000.00         15,000.00           15,000.00         15,000.00
397.58.60 FROM CURRENT         119,000.00           5,000.00            5,000.00           5,000.00
Text Box: This department was created in 1991 to save money to update the water comprehensive plan every 5 years as required by state health regulations. Expanded over the years, these reserve funds have been used to update the land use plan; fund a wastewater engineering plan; and two utility rate studies. In 2005 funds were transferred from the Current Fund to finance the water ozone pilot study and the flood management plan for Trout Lake. The Town received a loan to design the new overland sewer main which will replace the Town's existing submarine main.
TOTAL REVENUE         156,595.96       478,225.00         368,567.98       151,500.00
STUDY RESERVE
EXPENDITURES
534.34.41 WATER FUND STUDIES           42,600.50       103,000.00         100,956.18         15,500.00
1 COMPLETE TROUT LAKE EMERGENCY PLAN        3,500
2 HILLVIEW TERRACE PUMP PLAN       12,000
535.35.41 SEWER FUND STUDIES            4,958.73       400,000.00         399,337.00       150,000.00
COMPLETE SUBMARINE SEWER MAIN DESIGN
558.58.41 CURRENT FUND STUDIES                      -           15,000.00           20,441.08           5,600.00
COMPLETE ECONOMIC ELEMENT COMP PLAN
TOTAL EXPENDITURES           47,559.23       518,000.00         520,734.26       171,100.00
BEGINNING BALANCE         208,336.29       317,300.00         317,373.02       165,200.00
REVENUE ESTIMATE         156,595.96       478,225.00         368,567.98       151,500.00
EXPENDITURE APPROPRIATIONS           47,559.23       518,000.00         520,734.26       171,100.00
Text Box: In 2005 the Town completed its infiltration and inflow (I/I) report. In 2005, the Town began a water ozone pilot study. The study is needed to find treatment methods ensuring that the Town's water meets ever changing Department of Health regulations. The Town also began work on its Trout Lake dam flood management plan which is a requirement of the State Department Dam Safety Office. Money was transferred from the Current Fund to help pay for both of these studies. In 2006 design work on the new overland sewer main was started. The Town is under a Department of Ecology order to relocate its submarine sewer main.
ENDING BALANCE         317,373.02       277,525.00         165,206.74       145,600.00
RAINY DAY RESERVE
REVENUE
308.00.70 BEGINNING BALANCE         141,998.90       145,100.00         146,156.29       153,300.00
361.11.70 INVESTMENT INTEREST            4,157.39           7,000.00            7,213.53           6,500.00
397.19.70 FROM CURRENT                      -                100.00                      -           10,000.00
TOTAL REVENUE            4,157.39           7,100.00            7,213.53         16,500.00
EXPENDITURES
TOTAL EXPENDITURES                      -                       -                        -                      -  
BEGINNING BALANCE         141,998.90       145,100.00         146,156.29       153,300.00
REVENUE ESTIMATE            4,157.39           7,100.00            7,213.53         16,500.00
EXPENDITURE APPROPRIATIONS                      -                       -                        -                      -  
ENDING BALANCE         146,156.29       152,200.00         153,369.82       169,800.00
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 was no transfer budgeted for several years. In 2007 funds will be set aside in this reserve.
HOTEL/MOTEL TAX
REVENUE
308.00.80 BEGINNING BALANCE         175,202.77       204,300.00         204,365.19       288,500.00
313.30.80 HOTEL/MOTEL TAX- STADIUM          118,282.29       125,000.00         126,782.27       100,000.00
313.30.81 HOTEL/MOTEL LODGING TAX - TRANSIENT         118,262.29       125,000.00         124,760.98       100,000.00
361.11.80 INVESTMENT INTEREST            5,680.87         10,000.00           10,538.69         10,000.00
367.65.80 DONATIONS               500.00           1,000.00            1,000.00               10.00
369.40.80 RESTITUTION               116.23                10.00                 39.84               10.00
369.90.80 MISCELLANEOUS REVENUE                      -                950.00               957.41               10.00
TOTAL REVENUE         242,841.68       261,960.00         264,079.19       210,030.00
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. The Town used these fund for the construction and operating of its public restrooms. 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. The lodging tax funds must be used to promote tourism. A five member lodging committee oversees this program.
HOTEL/MOTEL TAX
EXPENDITURES
557.30.10 PERSONNEL               451.50              500.00                 67.89             500.00
557.30.20 BENEFITS               113.88              100.00                 20.88             100.00
557.30.31 SUPPLIES            3,373.75           5,000.00            4,303.28           5,000.00
557.30.32 FUEL               967.05           1,800.00               836.12           1,000.00
PROPANE
557.30.40 LEGAL                      -                100.00                      -               100.00
557.30.41 CONTRACT SERVICES         200,151.52       167,580.00         157,270.50       109,500.00
1 SECRETARY LODGING BOARD           500
2 SJI VISITORS BUREAU       71,333
3 RESTROOM CLEANING       19,000
4 SJI CHAMBER VISITOR INFORMATION CENTER        9,167
5 SJI CHAMBER VISITOR PROMOTION        1,334
6 WESTCOTT BAY INSTITUTE        6,333
7 TOWN HISTORIC PRESERVATION        1,833
557.30.44 ADVERTISING               306.62              350.00               427.93             350.00
557.30.46 INSURANCE                      -             2,800.00            2,767.30           2,800.00
557.30.47 UTILITIES            8,174.93           9,000.00            8,555.45           9,500.00
1 OPALCO        1,000
2 TOWN        8,500
557.30.48 REPAIR & MAINTENANCE               140.01              750.00               701.18             500.00
557.30.49 MISCELLANEOUS                      -             5,000.00            5,000.00                    -  
557.30.51 INTERGOVERNMENTAL                      -                       -                        -               100.00
PRESSURE TESTING
TOTAL EXPENDITURES         213,679.26       192,980.00         179,950.53       129,450.00
BEGINNING BALANCE         175,202.77       204,300.00         204,365.19       288,500.00
REVENUE ESTIMATE         242,841.68       261,960.00         264,079.19       210,030.00
EXPENDITURE APPROPRIATIONS         213,679.26       192,980.00         179,950.53       129,450.00
ENDING BALANCE         204,365.19       273,280.00         288,493.85       369,080.00
INTERMODAL FACILITY RESERVE
REVENUE
308.00.90 BEGINNING BALANCE           21,603.78         22,200.00           22,305.93         23,400.00
361.11.90 INVESTMENT INTEREST               702.15           1,150.00            1,129.80           1,200.00
397.40.90 FROM CURRENT                      -                100.00                      -           10,000.00
TOTAL REVENUE               702.15           1,250.00            1,129.80         11,200.00
EXPENDITURES
                     -                       -                        -                      -  
TOTAL EXPENDITURES                      -                       -                        -                      -  
BEGINNING BALANCE           21,603.78         22,200.00           22,305.93         23,400.00
REVENUE ESTIMATE               702.15           1,250.00            1,129.80         11,200.00
EXPENDITURE APPROPRIATIONS                      -                       -                        -                      -  
ENDING BALANCE           22,305.93         23,450.00           23,435.73         34,600.00
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 jointly 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. A transfer from the Current Fund has been added in 2007. This is the first transfer budgeted to this fund since 2004.
CAPITAL RESERVE FUND #150
BEGINNING BALANCE      6,719,295.51     7,732,950.00      7,737,603.75    7,985,200.00
REVENUE ESTIMATES      2,109,424.03     2,896,385.00      2,960,402.93    2,225,480.00
EXPENDITURE APPROPRIATIONS      1,091,115.79     3,028,680.00      2,712,487.57    1,142,250.00
ENDING BALANCE      7,737,603.75     7,600,655.00      7,985,519.11    9,068,430.00
Capital Reserve Ending Balance by Department
Capital Projects         6,243,700
Equipment Reserve         1,226,350
Harbor Improvements             16,800
Major Repairs            415,400
Land Purchase            447,100
Study Reserve            145,600
Rainy Day Reserve            169,800
Hotel/Motel Tax            369,080
Intermodal             34,600
        9,068,430