FY 2017 ADOPTED BUDGET - STADIUM DISTRICT.PDF

Maricopa County
Stadium District
FY 2017 Adopted Budget

Table of Contents
Motion 1
Consolidated Sources, Uses and Fund Balance by Fund Type 2
Appropriated Expenditures and Other Uses by Fund and Function Class 3

Maricopa County Stadium District
FY 2017 Adopted Budget
Motion
Adopt the FY 2017 Stadium District Budget in the amount of $10,639,898 by total appropriation
for each fund and function for the Stadium District, listed in the attached schedules. This
amount represents no change from the FY 2017 Tentative Budget of $10,639,898.
1

Maricopa County Stadium District
FY 2017 Adopted Budget
Consolidated Sources, Uses and Fund Balance by Fund Type
SPECIAL DEBT CAPITAL
REVENUE SERVICE PROJECTS SUBTOTAL ELIMINATIONS TOTAL
BEGINNING FUND BALANCE $ 12,345,132 $ 4,275,051 $ 7,995,979 $ 24,616,162 $ - $ 24,616,162
SOURCES OF FUNDS
OPERATING
SALES TAXES $ 1,319,391 $ 3,705,468 $ 100 $ 5,024,959 $ - $ 5,024,959
LICENSES AND PERMITS 3,574,876 - - 3,574,876 - 3,574,876
OTHER CHARGES FOR SERVICES 1,236,628 - - 1,236,628 - 1,236,628
INTEREST EARNINGS 34,000 345 100 34,445 - 34,445
MISCELLANEOUS REVENUE - - 750,000 750,000 - 750,000
TRANSFERS IN - - 1,521,643 1,521,643 (1,521,643) -
TOTAL OPERATING SOURCES $ 6,164,895 $ 3,705,813 $ 2,271,843 $ 12,142,551 $ (1,521,643) $ 10,620,908
NON-RECURRING
TRANSFERS IN $ - $ - $ 2,555,000 $ 2,555,000 $ (2,555,000) $ -
TOTAL NON-RECURRING SOURCES $ - $ - $ 2,555,000 $ 2,555,000 $ (2,555,000) $ -
TOTAL SOURCES $ 6,164,895 $ 3,705,813 $ 4,826,843 $ 14,697,551 $ (4,076,643) $ 10,620,908
USES OF FUNDS
OPERATING
PERSONAL SERVICES $ 424,972 $ - $ - $ 424,972 $ - $ 424,972
SUPPLIES 5,540 - - 5,540 - 5,540
SERVICES 2,441,934 11,595 3,000 2,456,529 - 2,456,529
CAPITAL - 3,694,218 - 3,694,218 - 3,694,218
OTHER FINANCING USES 1,521,643 - - 1,521,643 (1,521,643) -
TOTAL OPERATING USES $ 4,394,089 $ 3,705,813 $ 3,000 $ 8,102,902 $ (1,521,643) $ 6,581,259
NON-RECURRING
SUPPLIES $ 3,639 $ - $ - $ 3,639 $ - $ 3,639
SERVICES - - 4,055,000 4,055,000 - 4,055,000
OTHER FINANCING USES 2,555,000 - - 2,555,000 (2,555,000) -
TOTAL NON-RECURRING USES $ 2,558,639 $ - $ 4,055,000 $ 6,613,639 $ (2,555,000) $ 4,058,639
TOTAL USES $ 6,952,728 $ 3,705,813 $ 4,058,000 $ 14,716,541 $ (4,076,643) $ 10,639,898
STRUCTURAL BALANCE $ 1,770,806 $ - $ 2,268,843 $ 4,039,649 $ - $ 4,039,649
ENDING FUND BALANCE:
RESTRICTED $ 11,557,299 $ 4,275,051 $ 8,764,822 $ 24,597,172 $ - $ 24,597,172
2

Maricopa County Stadium District
FY 2017 Adopted Budget
Appropriated Expenditures and Other Uses by Fund and Function Class
FY 2016 FY 2016 FY 2017 FY 2017 FY 2017 (INC.)/DEC
ADOPTED REVISED RECOMM TENTATIVE ADOPTED FROM REV.
680 STADIUM DISTRICT
250 CACTUS LEAGUE OPERATIONS
OPERATING $ 1,297,259 $ 1,297,259 $ 1,297,259 $ 1,297,259 $ 1,297,259 $ -
253 BALLPARK OPERATIONS
OPERATING $ 3,096,830 $ 3,206,432 $ 3,096,830 $ 3,096,830 $ 3,096,830 $ 109,602
NON RECURRING NON PROJECT 2,500,000 2,500,000 2,558,639 2,558,639 2,558,639 (58,639)
All Functions $ 5,596,830 $ 5,706,432 $ 5,655,469 $ 5,655,469 $ 5,655,469 $ 50,963
370 STADIUM DISTRICT DEBT SERVICE
OPERATING $ 3,701,623 $ 3,701,623 $ 3,705,813 $ 3,705,813 $ 3,705,813 $ (4,190)
All Functions $ 3,701,623 $ 3,701,623 $ 3,705,813 $ 3,705,813 $ 3,705,813 $ (4,190)
450 LONG TERM PROJECT RESERVE
OPERATING $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000 $ -
NON RECURRING NON PROJECT 4,000,000 4,226,952 4,055,000 4,055,000 4,055,000 171,952
All Functions $ 4,003,000 $ 4,229,952 $ 4,058,000 $ 4,058,000 $ 4,058,000 $ 171,952
900 ELIMINATIONS
OPERATING $ (1,385,778) $ (1,495,380) $ (1,521,643) $ (1,521,643) $ (1,521,643) $ 26,263
NON-RECURRING (2,500,000) (2,500,000) (2,555,000) (2,555,000) (2,555,000) 55,000
All Functions $ (3,885,778) $ (3,995,380) $ (4,076,643) $ (4,076,643) $ (4,076,643) $ 81,263
TOTAL STADIUM DISTRICT $ 10,712,934 $ 10,939,886 $ 10,639,898 $ 10,639,898 $ 10,639,898 $ 299,988
3