|Though Hydaburg's municipal code stipulates that the city's fiscal year follow the calendar year January 1 through December 31, in practice, the city uses a fiscal year running from July 1 to June 30. The FY12 budget was adopted by non-code ordinance on October 4, 2011 after three months of postponed city council meetings. The FY12 budget is divided into separate funds with each fund listing anticipated revenues and expenses. The funds include a general fund, a capital project fund, a harbor deferred maintenance fund, a water sewer upgrade fund, a water-sewer-garbage fund, and a harbor and docks fund. While each fund's budget compares proposed income and expense amounts to the previous year's adopted figures, they do not include comparative statements of actual expenditures and revenues for the preceding fiscal year as recommended by RUBA staff and as required by Hydaburg Municipal Code.
The water, sewer, and garbage (WSG) fund budget anticipates $118,000 in income from monthly user fees and $15,000 in inter-fund transfers. Anticipated expenses, however, total $317,650. When the difference is added to a negative beginning fund balance of $163,475 from the previous fiscal year, the city is left projecting the WSG fund to have a net loss of $348,125. The FY12 budget does not detail how these expenses will be balanced with any other revenues.
The WSG fund budget does, however, appropriately list most costs associated with sanitation services in Hydaburg. Line items for the primary operator's salary and benefits, repairs and maintenance, travel, water treatment and testing supplies, emergency parts, vehicle gas, electricity, telephone, and various other expenses are all included. Yet the city also employs a second, part-time operator whose salary and benefits are not budgeted for.
The city council has held only two formal meetings since the start of the fiscal year, though minutes from those meetings show that financial information is being reported. Monthly financial statements include a balance sheet and a budget versus actual profit and loss. The mayor, city administrator, and public works foreman also routinely provide both written and verbal reports on operational and financial issues concerning the water, sewer, and garbage utilities.
Hydaburg's electricity is provided by the Alaska Power and Telephone Company of Skagway. A visual inspection of the most recent electricity billings verifies that the city is current with all electricity accounts for the water and wastewater utilities. The city also has two 275-gallon fuel tanks for heating fuel which are located at city hall and the water treatment plant. The city has allocated adequate funds in the budget to purchase heating fuel from Petro Marine as needed (typically, every one to three months).|