20-YEAR MARINA FUND ANALYSIS
																								FY2001	FY2001
																								to	to
	FY 1998	FY1999	FY2000	FY2001	FY2002	FY2003	FY2004	FY2005	FY2006	FY2007	FY2008	FY2009	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018	FY2019	FY2020	FY2010	FY2020
	Actual	Actual	Actual	Actual	Adjusted	Adopted	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	TOTAL	TOTAL
Beginning Fund Balance	1,461,559	1,714,388	967,161	949,016	1,490,523	1,092,693	1,340,699	1,688,424	1,199,462	901,086	900,398	894,472	225,355	273,250	528,206	790,634	1,060,752	513,784	799,135	1,092,868	1,395,226	1,706,462	2,026,835
Revenues
Berth Rentals	1,602,607	1,667,725	1,832,733	1,964,564	2,075,000	2,075,000	2,137,250	2,226,368	2,318,159	2,387,703	2,459,334	2,533,114	2,609,108	2,687,381	2,768,003	2,851,043	2,936,574	3,024,671	3,115,411	3,208,874	3,305,140	3,404,294	3,506,423	22,785,600	53,593,412
Lease Payments	1,114,708	1,086,886	1,139,993	1,236,100	1,209,540	1,221,635	1,233,852	1,246,190	1,264,883	1,283,856	1,303,114	1,322,661	1,342,501	1,362,638	1,383,078	1,403,824	1,424,881	1,446,255	1,467,949	1,489,968	1,512,317	1,535,002	1,558,027	12,664,333	27,248,272
Miscellaneous Fees		78,519	123,942	129,610	124,400	126,400	130,192	134,098	138,121	142,264	146,532	150,928	155,456	160,120	164,923	169,871	174,967	180,216	185,623	191,191	196,927	202,835	208,920	1,378,001	3,213,595
Recreation & Events	26,123	33,644	34,134	30,080	27,810	28,644	29,504	30,389	31,300	32,239	33,207	34,203	35,229	36,286	37,374	38,496	39,650	40,840	42,065	43,327	44,627	45,966	47,345	312,605	728,580
Interest	104,995	83,299	69,988	92,578	74,526	54,635	67,035	84,421	59,973	45,054	45,020	44,724	11,268	13,663	26,410	39,532	53,038	25,689	39,957	54,643	69,761	85,323	101,342	579,234	1,088,591
Straw Bale Building	31,999	3,099																						-	-
Dock of the Bay							40,000	40,600	41,209	41,827	42,455	43,091	43,738	44,394	45,060	45,736	46,422	47,118	47,825	48,542	49,270	50,009	50,759	292,920	768,054
Donations (e.g., Benches)	176	6,000	4,800	20,125	4,100	4,203	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	42,428	62,428
REVENUE TOTAL	2,880,608	2,959,172	3,205,590	3,473,057	3,515,376	3,510,517	3,639,832	3,764,065	3,855,645	3,934,945	4,031,662	4,130,721	4,199,299	4,306,481	4,426,848	4,550,501	4,677,532	4,766,789	4,900,829	5,038,545	5,180,043	5,325,429	5,474,816	38,055,120	86,702,933
Expenditures
Personnel	1,489,237	1,577,917	1,516,402	1,542,715	1,698,523	1,757,971	1,819,500	1,883,182	1,949,094	2,007,567	2,067,794	2,129,827	2,193,722	2,259,534	2,327,320	2,397,140	2,469,054	2,543,125	2,619,419	2,698,002	2,778,942	2,862,310	2,948,179	19,049,896	44,952,921
Non-personnel	955,599	1,119,435	1,192,816	1,052,391	1,221,976	1,037,201	1,057,945	1,079,104	1,100,686	1,122,700	1,145,154	1,168,057	1,191,418	1,215,246	1,239,551	1,264,342	1,289,629	1,315,422	1,341,730	1,368,565	1,395,936	1,423,855	1,452,332	11,176,631	24,483,239
Existing Debt Service (Principal & Interest)	122,275	118,412	242,950	236,445	261,842	261,840	179,262	160,150	160,150	160,150	160,150	160,150	160,150	160,150	160,150	160,150	160,150	160,150	160,150					1,900,289	2,861,189
New Debt Service (Principal & Interest)						-	135,800	192,591	371,091	371,091	491,491	492,191	548,191	576,191	611,191	611,191	611,191	611,191	611,191	611,191	611,191	611,191	611,191	2,602,446	8,679,356
CIP	51,179	200,364	21,978	95,645	727,865	202,500	96,600	85,000	570,000	271,125	170,000	160,000	883,000	670,000	255,000	180,000	200,000	1,450,000	1,160,000	210,000	210,000	210,000	210,000	3,261,735	8,016,735
Committed Reserve: Marina Fund CIP	-	-	-	-	-	-	-	650,000	-	-	-	500,000	200,000	-	-	-	825,000	-	-	-	-	-	-	1,350,000	2,175,000
Committed Reserve: B&W 2% Set Aside				-	-	-	-	200,000	-	-	-	250,000	-	-	-	-	-	-	-	-	-	-	-	450,000	450,000
Grant Matching Funds																								-	-
Charges from Other Departments	7,619	666,650	249,589	4,354	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	31,354	61,354
Other new expenditures	1,870	23,621																						-	-
EXPENDITURE TOTAL	2,627,779	3,706,399	3,223,735	2,931,550	3,913,206	3,262,512	3,292,107	4,253,027	4,154,021	3,935,632	4,037,588	4,863,225	5,179,481	4,884,121	4,596,212	4,615,823	5,558,024	6,082,888	5,895,490	4,890,757	4,999,069	5,110,356	5,224,702	39,822,350	91,679,793
Surplus/Shortfall	252,829	(747,227)	(18,145)	541,507	(397,830)	248,005	347,725	(488,962)	(298,376)	(688)	(5,927)	(732,504)	(980,182)	(577,640)	(169,364)	(65,322)	(880,492)	(1,316,099)	(994,661)	147,788	180,974	215,073	250,113
Unadjusted Ending Fund Balance	1,714,388	967,161	949,016	1,490,523	1,092,693	1,340,699	1,688,424	1,199,462	901,086	900,398	894,472	161,968	(754,827)	(304,390)	358,842	725,312	180,261	(802,315)	(195,526)	1,240,656	1,576,200	1,921,535	2,276,948
Marina CIP Set Aside for Committed Reserve						150,000	150,000	150,000	150,000	150,000	154,500	159,135	163,909	168,826	173,891	179,108	184,481	190,016	195,716	201,587	207,635	213,864	220,280	1,227,544	3,162,949
Cummulative Marina CIP Committed Reserve					224,262	374,262	524,262	24,262	174,262	324,262	478,762	137,897	101,806	270,632	444,523	623,631	(16,888)	173,128	368,844	570,431	778,066	991,931	1,212,211
B&W 2% CIP Set Aside for Committed Reserve						70,210	72,797	75,281	77,113	78,699	80,633	82,614	83,986	86,130	88,537	91,010	93,551	95,336	98,017	100,771	103,601	106,509	109,496	621,334	1,594,290
Cummulative B&W 2% CIP Committed Reserve						70,321	143,118	18,399	95,512	174,211	254,844	87,458	171,444	257,574	346,111	437,121	530,672	626,007	724,024	824,795	928,396	1,034,904	1,144,401
Total Committed Reserve Fund Balance			-	-	224,262	444,583	667,380	42,661	269,774	498,473	733,606	225,355	273,250	528,206	790,634	1,060,752	513,784	799,135	1,092,868	1,395,226	1,706,462	2,026,835	2,356,611
Total Uncommitted Fund Balance	1,714,388	967,161	949,016	1,490,523	868,431	896,116	1,021,044	1,156,801	631,312	401,926	160,866	-	-	-	-	-	-	-	-	-	-	-	-
Adjusted Ending Fund Balance	1,714,388	967,161	949,016	1,490,523	1,092,693	1,340,699	1,688,424	1,199,462	901,086	900,398	894,472	225,355	273,250	528,206	790,634	1,060,752	513,784	799,135	1,092,868	1,395,226	1,706,462	2,026,835	2,356,611
Revenue Needed			-	-	-	-	-	-	-	-	-	63,387	1,028,077	832,596	431,792	335,440