FY 19 ADOPTED PACKET STADIUM.PDF

Maricopa County
Stadium District
FY 2019
Budget

Table of Contents
Motion S - 3
Consolidated Sources, Uses and Fund Balance by Fund Type S - 4
Appropriated Expenditures and Other Uses by Fund and Appropriation Unit Group S - 5
S - 2

Motion
Adopt the Stadium District Fiscal Year 2019 Budget in the amount of $7,565,033 by total
appropriation for each fund and appropriation unit group for the Stadium District. This amount
represents no change from the Tentative Budget of $7,565,033.
S - 3

Consolidated Sources, Uses and Fund Balance by Fund Type
Special Debt
Revenue Service Total
Beginning Fund Balance $ 6,435,265 $ 4,353,191 $ 10,788,456
Sources of Funds
Operating
Taxes $ 1,393,139 $ 3,424,766 $ 4,817,905
Licenses & Permits 250,000 - 250,000
Charges For Services - - -
Miscellaneous 20,000 17,000 37,000
Other Financing Sources - - -
Total Operating Sources $ 1,663,139 $ 3,441,766 $ 5,104,905
Uses of Funds
Operating
Personal Services $ 175,434 $ - $ 175,434
Supplies 15,128 - 15,128
Services 1,430,636 11,595 1,442,231
Other Financing Uses - - -
Capital Outlay - 3,413,171 3,413,171
Total Operating Uses $ 1,621,198 $ 3,424,766 $ 5,045,964
Non Recurring
Supplies $ - $ - $ -
Services - - -
Other Financing Uses - - -
Capital Outlay - 2,519,069 2,519,069
Total Non Recurring Uses $ - $ 2,519,069 $ 2,519,069
Total Uses $ 1,621,198 $ 5,943,835 $ 7,565,033
Structural Balance $ 41,941 $ 17,000 $ 58,941
Ending Fund Balance
Restricted $ 6,477,206 $ 1,851,122 $ 8,328,328
S - 4

Appropriated Expenditures and Other Uses by Fund and Appropriation Unit Group
FY 2017 FY 2018 FY 2018 FY 2018 FY 2019
Variance Variance %
Fund Actual Adopted Revised Forecast Adopted
250 - Cactus League Operations
OPER - Operating 860,153 1,039,164 1,039,164 1,445,098 1,371,198 332,034 31.95%
TOTAL USES 860,153 1,039,164 1,039,164 1,445,098 1,371,198 332,034 32.00%
253 - Ballpark Operations
NRNP - Non Recurring Non Project 2,943,472 2,504,333 2,504,333 5,504,333 - (2,504,333) -100.00%
OPER - Operating 2,925,590 3,104,554 3,104,554 3,656,701 250,000 (2,854,554) -91.95%
TOTAL USES 5,869,062 5,608,887 5,608,887 9,161,034 250,000 (5,358,887) -96.00%
370 - Stadium District Debt Service
NRNP - Non Recurring Non Project - - - - 2,519,069 2,519,069 N/A
OPER - Operating 3,695,568 3,703,179 3,703,179 3,703,179 3,424,766 (278,413) -7.52%
TOTAL USES 3,695,568 3,703,179 3,703,179 3,703,179 5,943,835 2,240,656 61.00%
450 - Long Term Project Reserve
NRNP - Non Recurring Non Project 3,741,122 4,000,000 4,000,000 17,177,998 - (4,000,000) -100.00%
OPER - Operating 2,500 3,000 3,000 3,000 - (3,000) -100.00%
TOTAL USES 3,743,622 4,003,000 4,003,000 17,180,998 - (4,003,000) -100.00%
900 - Eliminations
NRNP - Non Recurring Non Project (2,500,000) (2,500,000) (2,500,000) (5,500,000) - 2,500,000 -100.00%
OPER - Operating (1,635,821) (1,564,819) (1,564,819) (1,564,819) - 1,564,819 -100.00%
TOTAL USES (4,135,821) (4,064,819) (4,064,819) (7,064,819) - 4,064,819 -100.00%
DEPARTMENT OPERATING TOTAL USES 5,847,990 6,285,078 6,285,078 7,243,159 5,045,964 (1,239,114) -19.72%
DEPARTMENT NON RECURRING TOTAL USES 4,184,594 4,004,333 4,004,333 17,182,331 2,519,069 (1,485,264) -37.09%
DEPARTMENT TOTAL USES 10,032,584 10,289,411 10,289,411 24,425,490 7,565,033 (2,724,378) -26.48%
S - 5