efficiencies and implementing new fees and cost recovery for services rendered as well as technology enhancements.
The Building Permit Fee Reserve deficit balance is currently approximately $9.6 million and is more than offset by the Contra Reserve account balance of approximately $10.3 million.
On/Off Street Parking Operations
| Budgeted Transfer to Reserve | Actual Transfer toReserve | Year-EndSurplus |
|---|---|---|
| $926,294 | $1,257,705 | $331,411 |
On-Off Street Parking has finished the year with an increased transfer to the Off Street Parking Reserve of $331,411.
Key Highlights:
- On-Off Street Parking finished 2019 with several surpluses for the year including a surplus of $172,605 related to salary and fringe resulting from gapping throughout the year; $126,611 related to municipal taxes; $85,163 related to less than anticipated equipment purchases; and $31,535 related to all utility accounts.
- Offsetting the surpluses was a deficit of ($7,364) related to all immaterial line-by-line variances and a ($77,139) related to reduced lease revenues in the Goyeau Garage.
- The balance in the On/Off Street Parking Reserve Fund as of December 31, 2019 is $1,532,078.37.
Sewer Surcharge Funded Operations
Overall, a deficit of ($581,999) is being reported for Sewer Surcharge Funded Operations. The balance of the Sewer Surcharge Reserve fund at December 2019, once commitments of approximately $2M are deducted, is $244,022. Key components of the sewer funded operations and results are noted below:
Pollution Control
Pollution Control is reporting a deficit of ($845,325) from its Sewer Surcharge funded operations.