|
Expenses Report for 2003-2008
|
|||
| 2003 Expenses | |||
| Operating costs of dredging |
$236,198
|
||
| Wetherell lease |
$75,000
|
||
| Cost of dredge |
$600,000
|
||
| Cost of city spoil site & equip. |
$600,000
|
||
| Total Costs |
$1,511,198
|
||
| 2003 Funds Received | |||
| Iowa DNR |
$200,000
|
||
| Federal EPA |
$100,000
|
(grant-wages only) | |
| Buena Vista County |
$600,000
|
||
| City of Storm Lake |
$600,000
|
||
| City of Lakeside |
$38,000
|
||
| Total Received |
$1,538,000
|
||
| 2004 Projected Expenses | |||
| Operating costs (including payroll) |
$640,854
|
||
| Spoil site construction |
$975,000
|
||
| Lease of Wetherell site |
$38,000
|
||
| Total Expenses |
$1,653,854
|
||
| 2004 Funds Committed | |||
| Iowa DNR |
$400,000
|
||
| Federal EPA |
$190,810
|
(grant-wages only) | |
| Federal |
$200,000
|
(equipment) | |
| City of Storm Lake |
$100,000
|
||
| City of Lakeside |
$9,000
|
||
| LPA |
$780,000
|
(pledges-collateral for site construciton) | |
| Total Funds Committed |
$1,697,000
|
||
| 2005-2008 Projected Expenses | |||
| Annual operating costs |
$500,000
|
||
| 2005-2008 Funds Committed | |||
| City of Storm Lake |
$100,000
|
(80% of Hotel/Motel Tax) | |
| City of Lakeside |
$9,000
|
(25% of Local Option Sales Tax) | |
| Total Funds Committed |
$109,000
|
||
| Needed Annually |
$391,000
|
||
 |
 |
 |
 |
 |
 |