Sunday, May 19, 2013
Months ago San Angelo City Councilman Dwain Morrison asked for an explanation on the water operating fund and why citizens rarely got a rebate. The resulting presentation seemed sparse.
Wanting more information I perused City budgets and audited annual reports. I looked hard, but could not find the two bits of information I desired, the Water Operating Fund balance at fiscal year start and end. City staff kindly provided that information.
Only once in the last decade did the Water Operating Fund end/start off negative. That was in 2004. Every other year the Water Operating Fund was in the black.
2007 and 2011. Also in 2011 the City conducted a "one-time transfer of $3.5 million into general fund reserves from the water utility." Those items are pictured below.
For those who like raw data, I offer the audited figures as well as budget estimates, (which City Council members saw during the budget process):
While my curiosity may be greater than the average citizen, I expected something along these lines in response to any City Councilperson's inquiry. It happened the one who asked is still in the running for Mayor. .
by PEU Report/State of the Division at 2:42 PM