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<br />Financial Feasibilitv <br /> <br />As described under the Project Sponsor, the City of Ouray Parks Department is an enterprise <br />fund. Table 1 shows the annual revenue and expenditure for the Parks (:nterprise fund forl998 <br />and 1999 with estimated and projected figures for 2000 arid 2001. The anticipated loan <br />repayment for the Skyrocket Creek diversion wall replacement is approKimately $6000. This <br />amount is less than I-percent of the average expenditure of the Parks D'~partment and will be <br />repaid as an annual expense to this fund. A transfer from the General Fund may cover any <br />shortfall in this fund due to unforeseen expenses. <br /> <br />TABLE 1: CITY OF OURAY - PARK <br /> Beginning Revenue <br /> Balance <br />1998 ($17,918) $983,956 <br />1999 $162,023 $903,058 <br />2000 (Estimated) ($43,919) $1,072,702 <br />2001 (Budget) $481 $1,102,122 <br /> <br />ENTERPRISE FUND <br /> Expenses End Balance <br /> $804,014 $162,023 <br /> $1,109,000 ($43,919) <br /> $1,028,302 $481 <br />-- $1,099,486 $3,177 <br /> <br />12 <br />