Laserfiche WebLink
<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />'I <br />I <br />I <br />I <br />I <br />, I <br />I <br />I <br />I <br />I <br />I <br />II <br /> <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 enterprise fund for1998 <br />and 1999 with estimated and projected figures for 2000 and 2001. The anticipated loan <br />repayment for the Skyrocket Creek diversion wall replacement is approximately $6000. This <br />amount is less than I-percent of the average expenditure of the Parks Department 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 ENTERPRISE FUND <br /> Beginning Revenue Expenses End Balance <br /> Balance <br />1998 ($17,918) $983,956 $804,014 $162,023 <br />1999 $162,023 $903,058 $1,109,000 ($43,919) <br />2000 ( Estimated) ($43,919) $1,072,702 $1,028,302 $481 <br />2001 ( Budget) $481 $1,102,122 $1,099,486 $3,177 <br /> <br />12 <br />