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HomeMy WebLinkAbout2012 10-15 CCP Joint Work Session with Financial Commission AGENDA CITY COUNCIL/FINANCIAL COMMISSION JOINT WORK SESSION October 15, 2012 6:30 p.m. City Hall—City Council Chambers I. Call to Order 11. Introduction and Overview—City Manager/Director of Finance 111. Public Works Utilities Division a. Water Utilities b. Sanitary Sewer Utilities c. Storm Sewer Utilities d. Street Light Operations IV. Recycling Operations V. Next Meeting—October 29, 2012 VI. Miscellaneous VII. Adjournment i I 2013 Brooklyn Center Department Budget Narrative by Fund Department Name: Public Works Utilities Division Department/Division Mission: The mission of the Brooklyn Center Public Works Department-Utilities Division for the residents, business owners and visitors of the city is to responsibly provide for the maintenance and operations of the drinking water, sanitary sewer, stormwater management, and lighting systems in a quality, cost effective manner. Department/Division Description: The Public Works Department is comprised of five divisions, including: Administration/Engineering; Street Maintenance; Park Maintenance; Public Utilities (water, sanitary sewer, storm sewer, street lighting); and Central Garage. The Public Works Department also administers the capital asset management for the City's public buildings and facilities. The Utilities division provides for the operation, maintenance and management of City's drinking water system, sanitary sewer collection and conveyance system, stormsewer collection and management system, and street light system. Staffing Levels Positions FTEs 2012 2013 2014 • Supervisor of Utilities 1 1 1 • Engineering Technician 3 (distributed 1/3 over 1 1 1 49141, 49251 and 49411) • Maintenance II (4-49141, 2-49251, 2-49411) 8 8 8 • Part Time/Summer Temporary Employees (3- 5 6 6 49141, 2-49251) (1 new in 2013, 49411) Strategic Functions/Division(s): • Water Utility (49141) o We provide for the distribution of the City's potable water to customers. This division includes the operations, administration and utility billing for the utility. The division is managed by the Public Works Director, except for the utility billing component which is managed by the Fiscal Services Department. The City has approximately 121 miles of water main, over 1,300 water valves, and almost 1,000 fire hydrants providing service to over 7,000 metered single-family residential connections and approximately 1,600 metered apartments/townhouses/commercial/ industrial customers. Water is supplied from nine municipal wells. Also included in this division is the maintenance of meters, locating water mains and services, testing of the municipal water supply throughout the system as required,preventative maintenance, and emergency repairs to the City's distribution system and its appurtenances. The utility billing operation prepares and sends out utility bills, receives meter readings and makes estimated readings, and administers collections and assessment for non-payment. • Sanitary Sewer Utility (49251) o We provide for the collection and conveyance of wastewater through a system of mains and lift stations. Sewage is treated by the Metropolitan Council Environmental Services, whose fees account for approximately 75% of this fund's expenditures. This division is managed by the Public Works Director, except for the utility billing component, which is managed by the Fiscal and Support Services Department. The City has approximately 106 miles of sanitary sewer ranging in size from 8" to 24" in diameter, and just under 9,000 service connections. Included in this division is the routine and preventative maintenance of the City's collection system and its appurtenances, monitoring of inflow and infiltration, television inspection of the interiors of mains, and customer service such as providing sewer locations. This activity involves the operation and maintenance of the City's ten wastewater lift stations, which includes buildings, equipment, and property. ® Storm Sewer Utility (49411) o We provide for the collection and management of stormwater throughout the city in compliance with State and Federal regulatory requirements. The Storm Drainage Utility operates and maintains approximately 84 miles of storm sewers and just under 100 storm water management ponds or treatment devices. The Storm Drainage Utility also provides for street sweeping operations and the City's participation in two joint powers Watershed Commissions, which provide for regional planning, surface water quality monitoring, and Wetlands Conservation Act compliance • Streetlight Utility (49571) o We provide for electrical service, maintenance, repair, and replacement of lights owned by the City. The City owns approximately 71 ornamental lights, primarily in the Earle Brown commercial area, 85 ornamental lights on Brooklyn Boulevard, 40 ornamental lights along Xerxes Avenue, 72 ornamental lights along Bass Lake Rd and 57th Avenue and leases approximately 915 lights from Excel Energy. Another 97 lights owned by the City are located on traffic signal systems. The Street Light Utility also provides for electrical and maintenance fees paid to Xcel Energy for street lights owned by Xcel Energy. Annual Goal and Strategies: 1. Meet or exceed safe drink-in water standards of the State g of Minnesota and manage storm water runoff in an efficient and environmentally sensitive manner. a. Manage and enforce the City's Wellhead Protection Plan goals. b. Implement Best Management Practices (BMPs) that support the City's and Watershed's impaired waters Total Maximum Daily Load (TMDL) plans. C. By 2015, update the City's Wellhead Protection Plan and Local Water Management Plan. 2. Initiate improved, streamlined management strategies and techniques by use of refined methods and technologies. a. Develop and initiate process flow charting for the utility department. Annual Goal Performance Measures: I 1. Results/Effectiveness Measures • Number of private wells sealed • Annual Consumer Confidence Report results 2. Efficiency Measure • Cost per drinking water sample 3. Productivity Measure • Miles of annual street sweeping performed per sweeper Capital Outlay and Other Initiatives with Significant Budget Impact • 2013 Purchase a hydro-seeding machine/applicator for erosion control purposes ($13,000). • 2013-14 Capital Improvement Projects—See CIP section of Budget. 0 0 i W a a � CD I E 3 O E M o °o °o o vi o v o n N N V N o J J cli N N M � I r0 r N O M~ c� N m C O O O O O m m O O N !z M 'v N O � O N O NO J V N N d l N O V O O tD O toO N O r top p O O O O O r M M 00 O m O O M O O M N Oi T N N aO}� r t� r q • i N q N N N N d« v E Q i a Vl o m o 0 O a N n o N d p 16 16 11: (fl N u! 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S 0 0 � O � N N cD cNp tp N �O V O City of Brooklyn Center A Finance Utility with Rate Changes Only Water Fund Calsh Flow Analysis Rate Increase 3.00% 4.00% 4.00% 8.009/. 9.00% 12.00% 15.00% 15.00% 15.00% 15.00% (8.00%) (8.00%) (8.00%) (8.00%) (8.00%) Rate/1,000 gallons 1.29 1.34 1.40 1.51 , 1.65 1.85 2.12 244 2.81 3.23 2.97 2.73 2.51 2.31 2.13 Actual Actual Actual Budget Proposed Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Pr( 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Revenues Water Service $ 1,974,100 $ 1,929,058 $ 1,948,067 $ 2,204,706 - S 2,368,682 $ 2,652,924 $ 3,050,862 S 3,508,492 $ 4,034,766 $ 4,639,980 S 4,268,782 $ 3,927,279 $ 3,613,097 $ 3,324,049 $ 3,058,125 $ 2 Bond Proceeds $ - $ 1,719,422 $ - $. - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Misc.Operating $ 2,596 $ 1,057 $ 42,598 $ - $ 3,700 $ 7,400 $ 11,100 $ 14,800 $ 18,500 $ 22,200 S 25,900 $ 29,600 $ 33,300 $ 37,000 $ 40,700 $ Misc.Non-operating S 50,442 $ 34,519 $ 16,923 S 12,000 $ 81,331 S 64,429 S 47,107 $ 44,493 $ 32,327 $ 5,620 $ 36,633 $ 63,487 $ 80,582 $ 128,899 $ 171,929 $ Total Revenues $ 2,027,136 $ 3,684,056 $ 2,007,588 $ 2,216,708 - $ 2,453,713 $ 2,724,753 $ 3,109,070 $ 3,567,785 $ 4,085,593 $ 4,667,801 $ 4,331,315 $ 4,020,366 $ 3,726,979 $ 3,489,948 $ 3,270,754 S 3 Expenditures Personal Services S 421,975 $ 485,939 S 478,658 S 478,177 $ 494,914 S 502,193 $ 517,259 S 532,777 S 548,760 $ 565,223 $ 582,179 S 599,645 $ 617,634 $ 636,163 $ 655,248 $ Supplies 5 161,552 S 148,599 $ 140,575 S 175,650 $ 244,020 $ 178,360 $ 183,711 $ 189,222 $ 194,899 $ 200,746 $ 206,768 $ 212,971 $ 219,360 S 225,941 $ 232,719 $ Services $ 2,258,839 S 504,585 $ 595,610 $ 678,023 ! $ 694,740 $ 656,419 S 682,676 $ 709,983 S 738,382 $ 767,917 $ 798,634 $ 630,579 $ 863,803 $ 898,355 S 934,289 S Depreciation $ 596,180 $ 550,662 $ 584,600 $ 690,558 $ 700,280 $ 735,294 $ 753,676 $ 772,518 S 791,831 S 811,627 $ 831,918 $ 852,716 $ 874,034 $ 895,884 $ 918,281 $ New Interest Debt Service Interest&Fees $ S 94,701 S 63,141 $ 63,928 S 62,185 $ 60,185 $ 57,571 S 54,575 $ 51,031 $ 46,910 S 42,347 $ 37,354 S 31,867 $ 23,903 S 19,495 $ Total Expenditures $ 3,438,546 $ 1,784,486 $ 1,862,584 $ 2,086,336 $ 2,196,139 S 2,132,451 $ 2,194,893 $ 2,259,075 $ 2,324,903 $ 2,392,423 $ 2,461,846 $ 2,533,265 $ 2,606,697 $ 2,680,246 S 2,760,033 S 2 less:Non-Cash Depreciation $ 596,180 $ 550,662 $ 584,600 $ 690,558 S 700,280 $ 735,294 $ 753,676 $ 772,518 $ 791,831 $. 811,627 $ 831,918 $ 852,716 $ 874,034 $ 895,884 $ 918,281 S New Principal plus:Debt Service Principal $ - $ 105,000 $ 101,250 $ 101,250 $ 105,000 $ 105,000 $ 108,750 $ 112,750 S 116,250 $ 116,250 S 120,000 $ 123,750 $ 131,250 $ 135,000 $ plus:Transfers $ - $ 53,262 $ - $ - $ - $ - S - $ - $ - $ - $ - S - $ - $ - $ - $ plus:Cash Capital Outlay $ 437,423 $ 975,158 $ 1,127,897 $ - $ 1,420,000 $ 1,800,000 S 1,650,000 $ 2,378,000 $ 3,330,000 $ 1,937,000 $ 1,690,000 S 1,650,000 $ 260,000 $ 140,000 $ 300,000 $ 1 Total Cash Requirement S 3,279,789 S 2,208,982 5 2,510,881 $ 1,497,028 : S 3,017,109 $ 3,302,157 S 3,196,216 S 3,973,306 $ 4,975,822 $ 3,634,046 S 3,436,179 $ 3,450,549 $ 2,116,414 S 2,055,612 $ 2,276,751 $ Beginning Cash Balance S 2,068,255 $ 1,147,687 S 2,546,948 S 1,991,361 S 2,711,041 S 2,147,645 S 1,570,241 $ 1,483.095 $ 1,077,573 S 187,344 S 1,221,099 $ 2,116,235 $ 2,685,052 $ 4,296,617 $ 5,730,953 $ E Changes in Assets/Liabilities $ 332,083 $ (75,813) $ (52,294) $ - - $ - $ - $ - $ - $ - $ - $ - $ - S - S - S - $ Cash Received $ 2,027,138 $ 3,684,056 $ 2,007,588 $ 2,216,708 - $ 2,453,713 $ 2,724,753 S 3,109,070 $ 3,567,785 S 4,085,593 $ 4,667,801 S 4,331,315 $ 4,020,366 S 3,726,979 S 3,489,948 S 3,270,754 $ Cash Spent S 3,279,789 $ 2,208,982 $ 2,510,881 $ 1,497,028 S 3,017,109 $ 3,302,157 $ 3,196,216 $ 3,973,306 $ 4,975,822 $ 3,634,046 $ 3,436,179 $ 3,450,549 $ 2,116,414 S 2,055,612 $ 2,276,751 S Ending Cash Balance $ 1,147,687 $ 2,546 948 $ 1,991,361 $ 2 711 041 $ 2,147,645 $ 11,670,241 $ 1,483 095 $ 1,077,673 $ 187,344 $ 1,221,099 $ 2,116,235 S 2,686 052 $ 4,296,617 S 5,730 953 $ 6,724,956 S E Cash Reserve Target(step) $ 1,000,000 S 1,200,000 $ 1,200,000 $ 1,300,000 $ 1,300,000 S 1,300,000 $ 1,400,000 $ 1,400,000 $ 1,400,000 $ 1,400,000 $ 1,400,000 S 1,500,000 $ 1,500,000 $ 1,500,000 $ 1,500,000 S 1 Cash Reserve Target(5%fyr) S 1,050,000 S 1,102,500 S 1,157,625 $ 1,215,506 $ 1,276,282 $ 1,340,096 $ 1,407,100 $ 1,477,455 $ 1,551,328 $ 1,628,895 $ 1,710,339 S 1,795,856 $ 1,885,649 $ 1,979,932 $ 2,078,928 $ Assumptions: Cash basis All assumptions are predicted on Cash Basis presentation and do not include provisions for changes in balance sheet items Revenues Rate increases would be as indicated each year and based on a stable customer base and stable consumption Expenditures Personnel Costs increase at a rate of 3%per year Supplies increase at a rate of 3% perannum. Services increase at a rate of 4%per year Depreciation increases at a rate of approximately 2.5%per annum. City of Brooklyn Center Finance by Adjusting Rates and Using Minimal Debt Water Fund Calsh Flow Analysis Rate Increase 3.00% 4.00% 4.00% 8.00% 9.00% 9.00% 9.00% 9,00% 9.:00% 9.00% 0.00% 0.00% 0.00% 0.00% (3.00%) Rate/1,000 gallons 1.29 1.34 1.40 1.51 1.65 1.80 1.96 2.13 2.33 2.54 2.54 2.54 2.54 2.54 2.46 Actual Actual Actual Budget Proposed Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Prr. 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Revenues Water Service $ 1,974,100 $ 1,929,058 $ 1,948,067 S 2,204,708 S 2,368,682 $ 2,581,863 $ 2,814,231 $ 3,067,512 $ 3,343,588 S 3,644,511 $ 3,644,511 S 3,644,511 $ 3,644,511 $ 3,644,511 $ 3,535,176 S Bond Proceeds $ - S 1,719,422 $ - $ - $ - $ - $ - # '000: S - S - S - S - S - $ - $ Misc.Operating $ 2,596 $ 1,057 $ 42,598 $ - $ 3,700 $ 7,400 $ 11,100 $ 14,800 $ 18,500 S 22,200 $ 25,900 $ - 29,600 $ 33,300 S 37,000 $ 40,700 $ Misc.Non-operating S 50,442 $ 34,519 S 16,923 $ 12,040 $ 81,331 $ 64,429 $ 44,975 $ 35,198 S 9,524 $ 6,398 $ 1,787 $. 3,220 S 1,556 $ 19,517 $ 68,880 $ 'otal Revenues S 2,027,138 $ 3,684,056 $ 2,007,588 $ 2,216,708 $ 2,453,713 S 2,653,693 $ 2,870,307 $ 3,117,510 $ 4,871,612 $ 3,673,109 $ 3,672,198 $ 3,677,331 $ 3,679,367 S 3,701,028 S 3,644,756 $ Expenditures Personal Services $ 421,975 $ 485,939 $ 478,658 $ 478,177 S 494,914 $ 502,193 S 517,259 S 532,777 $ 548,760 $ 565,223 $ 582,179 $ 599,645 $ 617,634 $ 636,163. $ 655,248 $ Supplies $ 161,552 $ 148,599 $ 140,575 $ 175,650 $ 244,020 $ 178,360 S 183,711 S 189,222 $ 194,899 $ 200,746 $ 206,768 $ 212,971 $ 219,360 S 225,941 5 232,719 $ Services S 2,258,839 $ 504,585 S 595,610 $ 678,023 $ 694,740 $ 656,419 S 682,676 S 709,983 $ 738,382 S 767,917 $ 798,634 $ 830,579 $ 863,803 $ 898,355 $ 934,289 $ Depreciation S 596,180 $ 550,662 S 584,600 $ 690,558 $ 700,280 $ 735,294 $ 753,676 S 772,518 $ 791,831 $ 811,627 $ 831,918 $ 852,716 $ 874,034 $ 895,884 S 918,281 $ New Interest S 42,750 S 38,250 $ 32,250 S 14,250 Debt Service Interest&Fees $ $ 94,701 $ 63,141 $ 63,928 $ 62,185 S 60,185 $ 57,571 $ 54,575 S 51,031 S 46,910 S 42,347 S 37,354 S 31,867 $ 23,903 $ 19,495 S Total Expenditures $ 3,438,546 S 1,784,486 $ 1,862,584 $ 2,086,336 $ 2,196,139 S 2,132,451 S 2,194,893 $ 2,259,075 S 2,324,903 S 2,435,173 S 2,500,096 $ 2,565,515 S 2,620,947 $ 2,680,246 $ 2,760,033 S 2 less:Non-Cash Depreciation $ 596,180 $ 550,662 S 584,600 $ 690,558 $ 700,280 $ 735,294 S 753,676 $ 772,518 S 791,831 $ 811,627 $ 831,918 $ 852,716 $ 874,034 $ 895,884 $ 918,281 S New Principal $ 150,000 $ 150,000 $ 250,000 $ 950,000 plus:Debt Service Principal $ - $ 105,000 $ 101,250 S 101,250 S 105,000 $ 105,000 $ 108,759 $ 112,750 $ 116,250 $ 116,250 $ 120,000 $ 123,750 S 131,250 S 135,000 $ plus:Transfers S - $ 53,262 $ - $ - $ - S - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ plus:Cash Capital Outlay $ 437,423 S 975,158 $ 1,127,897 S $ 1,420,000 $ 1,800,000 $ 1,650,000 $ 2,378,000 $ 3,330,000 S 1,937,000 $ 1,690,000 $ 1,650,000 $ 260,000 S 140,000 S 300,000 $ 1 Total Cash Requirement S 3,279,789 S 2,208,982 $ 2,510,881 S 1,497,028 $ 3,017,109 S 3,302,157 $ 3,196,216 S 3,973,306 $ 4,975,822 S 3,826,796 $ 3,624,429 $ 3,732,799 S 3,080,664 S 2,055,612 S 2,276,751 S Beginning Cash Balance S 2,068,255 $ 1,147,687 $ 2,546,948 S 1,991,361 $ 2,711,041 S 2,147,645 S 1,499,181 S 1,173,271 $ 317,475 $ 213,265 S 59,578 S 107,348 $ 51,880 $ 650,583 $ 2,296,000 S Changes in Assets/Liabilities $ 332,083 S (75,813) $ (52,294) $ - $ - $ - $ - S - S - $ - $ - $ - S - $ - $ - $ Cash Received $ 2,027,138 $ 3,684,056 $ 2,007,588 $ 2,216,708 $ 2,453,713 $ 2,653,693 $ 2,870,307 $ 3,117,510 S 4,871,612 $ 3,673,109 S 3,672,198 S 3,677,331 S 3,679,367 $ 3,701,028 $ 3,644,756 S Cash Spent $ 3,279,789 $ 2,208,982 $ 2,510,881 S 1,497,028 $ 3,017,109 $ 3,302,157 $ 3,196,216 $ 3,973,306 $ 4,975,822 $ 3,826,796 $ 3,624,429 $ 3,732,799 $ 3,080,664 $ 2,055,612 $ 2,276,751 S Ending Cash Balance $ 1,147,687 $ 2,546,948 $ 1,991,361 5 2,711,041 $ 2 147 695 5 1 499,181 $ 1,173,271 $ 317,475 $ 213,265 $ 59,578 $ 107,348 $ 51,880 $ 650,583 $ 2,296,000 $ 3 664,004 $ Cash Reserve Target(step) $ 1,000,000 $ 1,200,000 S 1,200,000 $ 1,300,000 $ 1,300,000 $ 1,300,000 S 1,400,000 $ 1,400,000 $ 1,400,000 $ 1,400,000 $. 1,400,000 $ 1,500,000 $ 1,500,000 S 1,500,000 S 1,500,000 S 1 Cash Reserve Target(S%Iyr) $ 1,050,000 $ 1,102,500 S 1,157,625 $ 1,215,506 $ 1,276,282 S 1,340,096 S 1,407,100 $ 1,477,455 S 1,551,328 $ 1,628,895 $ 1,710,339 $ 1,795,856 S 1,885,649 $ 1,979,932 S 2,078,928 $ Assumptions: Cash basis All assumptions are predicted on Cash Basis presentation and do not include provisions for changes in balance sheet items Revenues Rate increases would be as indicated each year and based on a stable customer base and stable consumption Expenditures Personnel Costs increase at a rate of 3%per year Supplies increase at a rate of 3% perannum. Services increase at a rate of 4%per year Depreciation increases at a rate of approximately 2.5%per annum. 1 City of Brooklyn Center Finance by Issuing Debt and Stabilizing Rates Water Fund Calsh Flow Analysis Rate Increase 3.00% 4.00% 4.00% 6.00% 7.00% 7.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 0.00% 0.00% 0.00% Rate/1,000 gallons 1.29 1.34 1.40 1.51 1.62 1.73 1.83 1.95 2.06 2.19 2.32 2.46 2.46 2.46 2.46 Actual Actual Actual Budget Proposed Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Pr( 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Revenues Water Service $ 1,974,100 $ 1,929,058 $ 1,948,067 $ 2,204,708 $ 2,359,038 $ 2,524,170 S 2,675,620 $ 2,836,158 $ 3,006,327 S 3,186,707 $ 3,377,909 S 3,580,584 $ 3,580,584 $ 3,580,584 $ 3,580,584 $ 3 Bond Proceeds $ - $ 1,719,422 S - $ - $ - $ - $ - $ 3,330,000 $ - $ - $ - $ - $ - $ - $ Misc.Operating S 2,596 $ 1,057 $ 42,598 $ - $ 3,700 $ 7,400 $ 11,100 S 14,800 $ 18,500 $ 22,200 $ 25,900 $ 29,600 $ 33,300 $ 37,000 5 40,700 $ Misc.Non-operating $ 50,442 $ 34,519 $ 16,923 $ 12,000 $ 81,331 $ 64,140 $ 42,947 $ 28,950 $ 3,852 $ 37,403 S. 15,386 S 4,717 S 287 $ 27,532 S 51,182 $ Total Revenues $ 2,027,138 $ 3,684,056 $ 2,007,588 S 2,216,708 $ 2,444,069 $ 2,595,710 $ 2,729,667 $ 2,879,9D8 S 6,350,975 $ 3,246,309 S 3,419,195 $ 3,614,901 $ 3,613,597 $ 3,645,115 S 3,672,466 $ 3 Expenditures Personal Services S 421,975 $ 485,939 $ 478,658 $ 478,177 - $ 494,914 $ 502,193 $ 517,259 $ 532,777 $ 548,760 $ 565,223 $ 582,179 $ 599,645 $ 617,634 $ 636,163 $ 655,248 S Supplies S 161,552 $ 148,599 $ 140,575 $ 175,650 S 244,020 $ 178,360 $ 183,711 $ 189,222 $ 194,899 $ 200,746 $ 206,768 $ 212,971 $ 219,360 S 225,941 $ 232,719 S Services $ 2,258,839 $ 504,585 $ 595,610 S 678,023 $ 694,740 $ 656,419 $ 682,676 S 709,983 $ 738,382 $ 767,917 S 798,634 $ 830,579 $ 863,803 S 898,355 $ 934,289 $ Depreciation $ 596,180 $ 550,662 $ 584,600 $ 690,558 $ 700,280 $ 735,294 S 753,676 S 772,518 S 791,831 $ 811,627 S 831,918 $ 852,716 S 874,034 $ 895,884 $ 918,281 $ New Interest $ 96,150 $ 88,650 $ 81,150 $ 69,900 $ 51,150 $ 28,650 $ Debt Service Interest&Fees S S 94,701 $ 63,141 $ 63,928 ty $ 62,185 $ 60,185 S 57,571 $ 54,575 $ 51,031 S 46,910 $ 42,347 $ 37,354 $ 31,867 $ 23,903 $ 19,495 $ Total Expenditures $ 3,438,546 $ 1,784,486 $ 1,862,584 S 2,086,336 1 $ 2,196,139 5 2,132,451 $ 2,194,893 $ 2,259,075 $ 2,324,903 $ 2,488,573 $ 2,550,496 $ 2,614,415 $ 2,676,597 $ 2,731,396 $ 2,788,683 $ 2 I less:Non-Cash Depreciation $ 596,180 $ 550,662 $ 584,600 $ 690,558 $ 700,280 $ 735,294 $ 753,676 $ 772,518 $ 791,831 $ 811,627 $ 831,918 $ 852,716 $ 874,034 $ 895,884 $ 918,281 $ New Principal $ 250,000 $ 250,000 $ 250,000 S 500,000 $ 750,000 S 750,000 $ plus:Debt Service Principal $ - $ 105,OOO $ 101,250 it 50 S 105,000 $ 105,000 $ 108,750 $ 112,750 S 116,250 S 116,250 $ 120,000 $ 123,750 $ 131,250 $ 135,000 $ plus:Transfers $ - $ 53,262 $ - $ - $ - $ - $ - $ - S - $ - $ - $ - $ - $ - $ plus:Cash Capital Outlay $ 437,423 $ 975,158 $ 1,127,897 S - 00 $ 1,800,000 S 1,650,000 S 2,378,000 $ 3,330,000 $ 1,937,000 S 1,690,000 $ 1,650,000 S 260,000 $ 140,000 $ 300,000 $ 1 Total Cash Requirement $ 3,279,789 5 2,208,982 $ 2,510,881 $ 1,497,028 09 $ 3,302,157 S 3,196,216 S 3,973,306 S 4,975,822 $ 3,980,196 $ 3,774,829 $ 3,781,699 $ 2,686,314 $ 2,856,762 $ 3,055,401 S 4 Beginning Cash Balance S 2.068,255 $ 1,147,687 S 2,546,948 $ 1,991,361 41 $ 2,138,001 S 1,431,554 S 965,005 $ (128,394) $ 1,246,759 S 512,873 $ 157,240 $ (9,558) S 917,724 S 1,706,078 $ 2 Changes in Assets/Liabilities $ 332,083 $ (75,813) $ (52,294) $ - $ - S - $ - $ - $ - 5 - $ - S - S - $ - $ Cash Received S 2,027,138 $ 3,684,056 $ 2,007,588 $ 2,216,708 69 $ 2,595,710 $ 2,729,667 $ 2,879,908 $ 6,350,975 $ 3,246,309 $ 3,419,195 $ 3,614,901 S 3,613,597 $ 3,645,115 $ 3,672,466 $ Cash Spent $ 3,279,789 $ 2,208,982 S 2,510,881 $ 1,497,028 09 $ 3,302,157 $ 3,196,216 $ 3,973,306 $ 4,975,822 $ 3,980,196 $ 3,774,829 S 3,781,699 $ 2,686,314 S 2,856,762 $ 3,055,401 $ Ending Cash Balance $ 1,147,687 $ 2,546,948 $ 1,991,361 $ 2,711 041 T_5, 2,138,001 5 1,431,554 $ 966,005 $ 128,394 $ 1,246,769 $ 512,873 $ 157,240 $ 9,558 $ 917,724 S 1,706 078 $ 2,323 143 $ 1 Cash Reserve Target(step) $ 1,000,000 $ 1,200,000 $ 1,200,000 S 1,300,000 $ 1,300000 S 1,300,000 S 1,,400000 S 1400,000 S 1,400,000 $ 1,400,000 S 1400,000 $ 1,500000 $ 1,500,000 S 1,500,000 S 1,500,000 S 1 Cash Reserve Target(5%1yr) $ 1,050,000 $ 1,102,500 $ 1,157,625 $ 1,215,506 $ 1276,282 S 1,340,096 $ 1407,100 $ 1,477,455 $ 1,551,328 $ 1628895 S 1,710,339 $ 1,795,856 $ 1,885,649 $ 1,979,932 $ 2,078,928 S Assumptions: Cash basis All assumptions are predicted on Cash Basis presentation and do not include provisions for changes in balance sheet items Revenues Rate increases would be as indicated each year and based on a stable customer base and stable consumption Expenditures Personnel Costs increase at a rate of 3%per year Supplies increase at a rate of 31/6 perannum. Services increase at a rate of 4%per year Depreciation increases at a rate of approximately 2.5%per annum. 3r City of Brooklyn Center ® Shift Water Tower Painting Forward Five Years Water Fund Calsh Flow Analysis Rate Increase 3.00% 4.00% 4.00% 8.00% 7.00% 7.00% 7.00% 7.00% 7.00% 600% 4.00% 0.00% 0.009/1 0.00% 0.00% Ratel1,000 gallons 129 1.34 1.40 1.51 1.62 1.73 1.85 1.98 2.12 2.25 2.34 2.34 2.34 2.34 2.34 Actual Actual Actual Budget Proposed Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Prc 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Revenues Water Service $ 1,974,100 S 1,929,056 S 1,948,067 $ 2,204,708 $ 2,368,682 $ 2,534,490 $ 2,711,904 S 2,901,737 $ 3,104,859 $ 3,291,150 S 3,422,796 $ 3,422,796 S 3,422,796 S 3,422,796 $ 3,422,796 $ 3 Bond Proceeds $ - S 1,719,422 $ - $ - S - $ - $ - $ - $ - $ - $ - S - S - $ - $ Misc.Operating $ 2,596 $ 11057 S 42,598 S - S 3,700 $ 7,400 S 11,100 $ 14,800 $ 18,500 $ 22,200 $ 25,900 $ 29,600 S 33,300 S 37,000 $ 40,700 $ Misc.Non-operating $ 50,442 $ 34,519 $ 16,923 S 12,000 $ 81,331 $ 64,429 S 43,554 $ 30,664 $ 34,021 S 10,368 $ 18,068 $ 18,986 $ 19,611 $ 26,250 S 38,263 S Total Revenues $ 2,027,138 $ 3,684,056 $ 2,007,588 $ 2,216,708 $ 2,453,713 S 2,606,319 $ 2,766,558 $ 2,947,202 $ 3,157,380 $ 3,323,719 $ 3,466,765 S 3,471,382 S 3,475,707 $ 3,486,046 S 3,501,759 S 3 Expenditures Personal Services $ 421,975 $ 485,939 $ 478,658 S 478,177 $ 494,914 $ 502,193 $ 517,259 S 532,777 $ 548,760 S 565,223 $ 582,179 S 599,645 $ 617,634 $ 636,163 $ 655,248 $ Supplies $ 161,552 $ 148,599 $ 140,575 $ 175,650 l $ 244,020 $ 178,360 $ 183,711 $ 189,222 $ 194,899 S 200,746 S 206,768 $ 212,971 S 219,360 $ 225,941 $ 232,719 $ Services $ 2,258,839 $ 504,585 $ 595,610 $ 678,023 $ 694,740 $ 656,419 $ 682,676 $ 709,983 $ 738,382 $ 767,917 $ 798,634 $ 830,579 $ 863,803 $ 898,355 $ 934,289 $ Depreciation $ 596,180 S 550,662 $ 584,600 $ 690,558 $ 700,280 $ 735,294 S 753,676 $ 772,518 $ 791,831 $ 811,627 S 631,918 $ 852,716 $ 874,034 S 895,884 $ 918,281 S New Interest Debt Service Interest&Fees S $ 94,701 S 63,141 S 63,928 S 62,185 S 60,185 $ 57,571 $ 54,575 S 51,031 $ 46,910 $ 42,347 S 37,354 S 31,867 $ 23,903 S 19,495 S Total Expenditures $ 3,438,546 $ 1,784,486 $ 1,862,584 $ 2,086,336 $ 2,196,139 $ 2,132,451 $ 2,194,893 S 2,259,075 $ 2,324,903 $ 2,392,423 $ 2,461,846 $ 2,533,265 $ 2,606,697 $ 2,680,246 S 2,760,033 $ 2 less:Non-Cash Depreciation $ 596,180 $ 550,662 $ 584,600 $ 690,558 $ 700,280 $ 735,294 $ 753,676 $ 772,518 $ 791,831 $ 811,627 $ 831,918 $ 852,716 $ 874,034 $ 895,884 $ 918,281 $ New Principal plus:Debt Service Principal S - $ 105,000 $ 101,250 $ 1D1,250 $ 105,000 $ 105,000 $ 108,750 $ 112,750 $ 116,250 $ 116,250 $ 120,000 $ 123,750 $ 131,250 $ 135,000 $ plus:Transfers $ - S 53,262 S - $ - $ - $ - $ - 5 - $ - $ - $ - $ - S - $ - $ - $ plus:Cash Capital Outlay $ 437,423 S 975,158 S 1,127,897 S - S 1,420,000 S 1,800,000 $ 1,650,000 $ 1,690,000 $. 1,650,000 S 1,398,000 S 1,170,000 S 867,000 S 1 Total Cash Requirement $ 3,279,789 $ 2,208,982 $ 2,510,881 $ 1,497,028 S 3,017,109 S 3,302,157 $ 3,196,216 $ 3,436,179 $ 3,450.549 S 3,254,414 S 3,085,612 $ 2,843,751 $ Beginning Cash Balance $ 2,068,255 S 1,147,687 S 2,546,948 $ 1,991,361 S 2,111,041 $ 2,147,645 $ 1,451,807 $ 1,022,149 $ 1,134,045. S 345,603 $ 602,276 S. 632,862 $ - 653,695 $ 874,988 S 1,275,423 $ 1 Changes in Assets/Liabilities S 332,083 $ (75,813) S (52,294) $ - $ - $ - $ - $ - $ - S - $ - $ - $ - $ - $ - S Cash Received S 2,027,138 $ 3,684,056 $ 2,007,588 S 2,216,708 $ 2,453,713 $ 2,606,319 $ 2,766,558 $ 2,947,202 S 3,157,380 $ 3,323,719 S 3,466,765 $ 3,471,382 $ 3,475,707 $ 3,486,046 $ 3,501,759 $ Cash Spent $ 3,279,789 $ 2,208,982 $ 2,510,881 $ 1,497,028 $ 3,017,109 S 3,302,157 $ 3,196,216 $ 2,835,306 $ 3,945,822 $ 3,067,046 S 3,436,179 $ 3,450,549 $ 3,254,414 $ 3,085,612 $ 2,843,751 S Ending Cash Balance $ 1,147,687 $ 2,546,948 $ 1,991,361 $ 2,711 041 -.. $ 2,147,645 S 1,451,807 $ 1,022 149 $ 1,134,046 $ 345,603 $ 602,276 $ 632,862 S 653,696 5 874,988 $ 1,275 423 $ 1,933 431 $ 1 Cash Reserve Target(step) $ 1,000,000 $ 1,200,000 $ 1,200,000 $ 1,300,000 $ 1,300,000 $ 1,300,000 $ 1,400,000 $ 1,400,000 $ 1,400,000 $ 1,400,000 $ 1,400,000 $ 1,500,000 $ 1,500,000 S 1,500,000 S 1,500,000 S 1 Cash Reserve Target(5%!yr) $ 1,050,000 S 1,102,500 S 1,157,625 $ 1,215,506 $ 1,276,282 S 1,340,096 S 1,407,100 S 1,477,455 $ 1,551,328 $ 1,628,895 $ 1,710,339 $ 1,795,856 S 1,885,649 $ 1,979,932 S 2,078,928 $ Assumptions: Cash basis All assumptions are predicted on Cash Basis presentation and do not include provisions for changes in balance sheet items Revenues Rate increases would be as indicated each year and based on a stable customer base and stable consumption Expenditures _ Personnel Costs increase at a rate of 31/6 per year Supplies increase at a rate of 3% perannum. Services increase at a rate of 41/.per year Depreciation increases at a rate of approximately 2_5%per annum_ N LD ry) m r4 0 Goomm to LI) C ^ m lzr (1) N 06 GIONFAID rf� CL 0 L) tLo tjo L) -1 c (1) E O In 'a 0 < 0- (u cF 1p Izi• m 0 0 4 r1l N O W C) M u N rr� ru M Lt) u co cr >. > 0 u -0 (3) (1) 0 (3) cu C Q) Ln C) 4 cq 'Zt -I m -0 —4 u Ln to li 00 Lq N -1 r-4 00 0 06 I-i Ln Ln rq Lr) U V) C c i6 .2 E u E Z E E X E 0 u m > t0 V1 N Ln (N ro 00 0 Ln 0 41 Ln c a- 0 E U u ro a, Ld > 0 U (U w ro a) w 0) E >1 c 0 Ln m m m Ln 0 cr cr-I E u m 00 —i r-4 m C) 0 0 0 N N h fY N (� l� CV f I ! �r J L1 �+ CV O N rq N � O N �+ m N O tt N q! 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O G) N m 0 0 U A A A J A J A A A A m 0 OAi P A A A A A W W N N N N A D A A AO A O O O O m O p D -i -+ 41 O m ➢ 0 O A A m O O O C 3 p O y A �l O A 7J O -� X m m A m D Z p m m m m X c c 0 O O m 2 2 x V v (n D D z m O K z z v m m, mm x x m w m m z N N z z x V v x MX m m m A �7 m z z m -� -A1 Xp17 D p m m m z p n rn m m N -i --� m D D m ! A �I A y n n m m D m N D D n ,l1 n O �7 A to r m go m < < > D D A A A A y n n N Di D A A m n v A i m r P D D m X 0 z D C m O M x A N m p p° m GAi 0 0 C)O m Z z , D D z O O � D A z D O m Izn Z -{ 'yyi m0 o m m ! � � r v D D m O O z z = z z p m g G D -Zi m W w vI m C c 0 N m 0 z z A c v v o 0 0 m T ,u m m m D = to 0 c i» N N m z z N O -Zi m m to m m N m m 0 = S K c A O i p D D .,I rn N m p D A V v m En Q) D m m c z m < D D m r m z O N N < < 1 G I^ m m m z c.c N 'i m GAi N.N m �' W O m m m m DO m m m m M m � . 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A W N ° I ( W° ca ac, J J J d tO N A 0 0 0 O O O O N N O 0 0 O 0 0 0 O O o 0 O O O o O O 0 0 O x W C O y N D a °c o d m N d F o 2�a N 7 y - ° 0 d — N C ° x n3 n iz m 4] w Ul i N m 0 0 O o ;O 7J �1 m m O O O W O m C7 O A C1 z OI m m m m m m W - < m z m z m m V p A S c c o o �' m GZi A z A v D D D A < A N m C C < G O m m m Z 0 0 0 D m _ D D A 7J f1 Cl m m n -Ci -C1 O m 3D11 p O N tmii m m Z A > D r D Z [7 m D D D n M m m m O J r j < j C j m i m z O v -u V I A O Qo m m m m m N m z z z z > m M mm m Im m < Dp N Vl N 0 N i P I I N D O � N wI m N N N N V O N O J N N N N C C 01 V O N A N A N W � O O O O O HI I i I i OJ 0 W N W N N bi 10 N N 00 O O O O O O 000 i O O O O O 0 0 O 0 0 IN I N N Ci 3 w� W N iD O N W O � W ONO A O A ? to N i ,ZI �a N o A o 0 N N ao A Ogo I N 0 0 0 of I N N N i N ICI N y W V tJ� IJ A � I N w W C p a m �N A A t0 A �D fwli O O O J � ry ', J J O O J p P A CD 0 3 n c �C O a? � I 3 o N f a 3 a � � m 3 Cn O c City Brooklyn Center z'" Sanitary Sewer Fund Cash Flow Analysis Rate Increase 1.00% 1.00% 3.00% 3.00% 4.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5:00% 0.00% 0.00% 0.00•% 0.00% Monthly Residential Fee $ 21.08 $ 21.29 $ 21.93 $ 22.59 $ 23.49 $ 24.66 $ 25.90 $ 27.19 $ 28.55 $ 29.98 $ 31.48 $ 31.48 $ 31.48 $ 31.48 $ 31.48 $ Actual Actual Actual Budget Proposed Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Pr 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Revenues Sewer Charges $ 3,315,597 $ 3,320,205 $ 3,372,185 $ 3,480,278 $ 3,619,489 $ 3,800,464 $ 3,990,487 $ 4,190,011 S 4,399,512 S 4,619,487 S 4,85,462 $ 4,850,462 S 4,850,462 $ 4,850,462 $ 4,850,462 $ Bond Proceeds $ - $ 573,141 S - $ - $ - $ - $ - S - $ - 5 - $ - S - $ - $ - S - $ Misc.Operating $ - $ 1,168 $ 122,737 $ - $ - $ - $ - $ - $ - $ - $ - S - $ - S - $ - $ Misc.Non-operating $ 26,045 $ 6,287 $ 14,793 $ 12,000 $ 5,000 $ 5,000 S 3,560 $ 2,043 S 1,468 $ 2,215 $ 3,142 $ 3,066 $ 2,468 $ 2,356 $ 6,769 $ Total Revenues $ 3,341,642 S 3,900,801 $ 3,509,715 $ 3,492,278 $ 3,624,489 $ 3,805,464 $ 3,994,047 $ 4,192,054 $ 4,398,044 $ 4,617,272 $ 4,847,319 $ 4,847,396 S 4,847,994 $ 4,852,817 $ 4,857,230 $ Expenditures Personal Services $ 161,746 $ 191,382 $ 179,791 S 195,532 $ 197,115 $ 200,349 $ 208,363 S 216,697 $ 225,365 S 234,380 $ 243,755 $ 253,505 $ 263,646 $ 274,191 $ 285,159 $ Supplies $ 8,606 $ 13,829 $ 11,592 $ 35,450 $ 63,540 S 27,465 $ 28,289 $ 29,138 S 30,012 $ 30,912 $ 31,839 $ 32,795 $ 33,778 $ 34,792 $ 35,836 $ Services $ 3,005,243 $ 2,454,867 S 2,48,603 S 2,312,825 S 2,501,518 S 2,585,847 $ 2,663,422 $ 2,743,325 $ 2,825,625 $ 2,910,394 $ 2,997,705 $ 3,087,637 $ 3,180,266 $ 3,275,674 $ 3,373,944 S Depreciation $ 550,108 $ 584,169 $ 604,837 $ 677,763 $ 728,770 S 801,647 $ 825,696 $ 850,467 $ 875,981 $ 902,261 $ 929,329 $ 957,208 $ 985,925 $ 1,015,502 $ 1,045,968 S Debt Service Interest 8 Fees $ $ 31,567 $ 21,046 $ 21,310 $ 17,834 S 16,615 S 14,706 S 13,447 $ 12,716 $ 10,806 S 9,913 $ 8,963 $ 6,910 $ 4,957 S 3,575 S Total Expenditures $ 3,725,703 $ 3,275,814 S 3,297,869 S 3,242,880 $ 3,508,777 $ 3,631,923 $ 3,740,477 $ 3,853,074 $ 3,969,699 S 4,088,752 $ 4,212,542 $ 4,340,108 $ 4,470,524 $ 4,605,116 $ 4,744,481 $ less:Non-Cash Depreciation $ 550,108 $ 584,169 $ 604,837 $ 677,763 $ 728,770 S 801,647 $ 825,696 $ 850,467 $ 875,981 $ 902,261 $ 929,329 S 957,208 $ 985,925 $ 1,015,502 $ 1,045,968 $ plus:Debt Service Principal $ - $ - $ 33,750 $ 33,750 $ 35,000 S 37,500 S 38,750 $ 40,000 $ 41,250 $ 42,500 $ 45,000 $ 45,000 $ 47,500 S 50,000 $ 50,000 $ plus:Transfers $ - $ 16,292 $ - $ - $ - $ - S - $ - $ - $ - $ - $ - $ - $ - $ - S plus:Cash Capital Outlay $ 428,648 $ 1,089,773 S 1,644,339 $ 50,000 $ 1,330,000 $ 1,540,000 S 1,420,000 $ 2,027,000 $ 1,450,000 S 1,620,000 S 1,500,000 $ 1,270,000 S 110,000 $ 110,000 $ 200,000 $ Total Cash Requirement $ 3,604,243 $ 3,797,710 $ 4,371,121 $ 2,648,867 $ 4,145,007 $ 4,407,776 $ 4,373,530 $ 5,069,607 $ 4,584,968 $ 4,848,992 $ 4,828,213 $ 4,697,900 S 3,642,100 $ 3,749,614 $ 3,948,514 $ Beginning Cash Balance S 2,191,302 S 1,972,466 S 2,076,043 $ 1,169,534 $ 2,012,945 $ 1,492,427 $ 890,115 S 510,632 $ (366,922) $ (553,846) S (785,566) S (766,460) $ (616,963) $ 588,931 $ 1,692,134 S Changes in Assets/Liabilities $ 43,765 $ 486 S (45,103) S - $ - $ - $ - $ - $ - $ - $ - $ - $ - S - $ - S Cash Received $ 3,341,642 $ 3,900,801 S 3,509,715 S 3,492,278 $ 3,624,489 $ 3,805,464 $ 3,994,047 $ 4,192,054 S 4,398,044 $ 4,617,272 $ 4,847,319 $ 4,847,396 S 4,847,994 S 4,852,817 S 4,857,230 S Cash Spent $ 3,604,243 $ 3,797,710 $ 4,371,121 $ 2,648,867 $ 4,145,007 S 4,407,776 S 4,373,530 $ 5,069,607 S 4,584,968 S 4,848,992 $ 4,828,213 $ 4,697,900 S 3,642,100 $ 3,749,614 S 3,948,514 $ Ending Cash Balance S 1,972,466 $ 2,076,043 $ 1,169,634 $ 2,012946 $ 192.427 $ 890 115 $ 510 632 5 (366,922) $ (663,846) $ (785,566) $ (766,460) $ (616,963) $ 588,931 $ 1,692 134 $ 2,600,851 $ Cash Reserve Target $ 950,000 $ 950,000 S 950,000 S 950,000 $ 950,000 $ 950,000 S 950,000 $ 950,000 $ 950,000 $ 950,000 $ 950,000 S 950,000 $ 950,000 $ 950,000 $ 950,000 $ Cash Reserve Target(3%lyr) S 950,000 $ 978,500 $ 1,007,855 $ 1,036,091 $ 1,069,233 $ 1,101,310 $ 1,134,350 S 1,168,380 $ 1,203,432 $ 1,239,535 S 1,276,721 $ 1,315,022 S 1,354,473 S 1,395,107 $ 1,436,960 $ Assumptions: Cash basis All assumptions are predicted on Cash Basis presentation and do not include provisions for changes in balance sheet items. Revenues Rate increases would be as indicated per year and are based on a stable customer base with stable usage. Expenditures Personnel costs increase at a rate of 41%per year Supplies increase at a rate of 3%per year. Serices increase at a rate of 3%per year Depreciation increases at a rate of 3%per year Capital outlay is from the 2013 CIP 2013 Utility Rates&Cash Flows O O E � d j 3 r € 1 E I 0 U E °o O N N a O M o r r m o �a v D] K o e ay e e e c a m "mS S 0 o 6 M O a I ° m IR y y o a j G m K I I < O V V r 8 T N } i N N N 6 M O A T a 3 , vQ a mET 000' °o O r N N O M M m N I v m rn N vri itri o ° m r b .r- T 0 0 I_ O H r N r C •- « E N m m n w a o m - a N � I z Z O F NO y W W F w w Z W U U Q� 7 = Z W Z Z W Z Z a Z (all F F O W C¢i' R' W W (n ❑ ❑ W O W O V Q ❑ W W W O F O W W W W Z Z d W W W W d } (7 N O Q F- W ❑ _ ❑ _ ❑ }}7 N U U U N O Z Z Z Z F ZQ ❑ ❑ O a a W w U C7 F CL W W w W ❑ W �' F K K O O LL } w W_ O O a O = K ¢ Q a w W W Z Z W F Z °_ d' w = w F H m vi m m U' C7 w a w F m W W w W z z z K rwn N Q U W N °° O W O O H Z w w 0 z ❑w K w z z Q W H N vai a W W O z W a > > a G Q W W 0 to W O W > W N Z Z z 2 U J � � 3 L o x oa 47 a Q a � � ❑ ❑ W > � U f/J C7 0RU''' C9 O o a a N R N K (n O J J 4 J w 7 O fn N !y U Z ❑ ❑ d h O O S ~ W = S S w w W W w W W S W Z U U U U a W d' K OW F O ❑ = W W W W W W W W W W U U y a H H N H z w O (� fn UJ N W a 0 0 0 a a a W W F !- W W a > a a Q W r H U o o 0 0 ? U o n ❑ d 3 N m U z o o 3 0 3 n o o a - m o o M o m o o S o N LL C N N O ry a a e o v a v v a v v v v a v o v v c o� 0 N Q U O O j co N U d � c v oc U m o a° Z 2 av v m F m d af ` N O t d C N M N N N `3 E 01 m w N C 9 m N V R w EN E Qc°v eNn ei 0 0 0 0 a o o o o 0 0 0 0 0 0 0 0 o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O i C h r b O O O `(al H Y1 ro Mn O O O N O �tOI N Obi A ' p O m O � r 1n N N y W r �- O>j N �m 1 0 b r r M N N o O O O N o 0 16 O m m 0 M O 1p M O o C V m 0 0 0 0 O N � Nm 14 6 N m C 16 16 6 6 O O C 0 N 0 O 0 00 N N 0 o yy N N o O O N O ci O m O M O O 6 N n N N N h N O 00 yO1' N O m 3 N rl: I l O N N O N N n r t� N N o v °v o o co 1n m gym' in vO1i v c°n 1N+1 r ° y A N I a� E� m¢ a a m 0o Oo °o Oo 0 00 °o 00 16 n 0 0 0 o c o 0 0 0 0 0 0 ' 1 N O O w O c N O V1 1� m m h N h N a0 0 0 h N—� NIL m O M M N a a 0 r Y1 N O O1 N O A O IV 115 1.; 1� n N N N N OV O N r 1� � OI ap N N m m ' .- r 1+i M b c � �O NaE a I O O r F 433i m or0 t00 100 N N O Nro O lr0 O r O O h N Y1 YI r O O L<l O lM O V m m M N ^ M ! 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K U ? z 3 d a O m N o 0 C9 O O M K O K w 2E 0 N N M Q Q ON N N � m 0 0 0 N N � M O V O OV Oml T O 0 0 N N N N i O i0 N N �0 O tp O L� l0 t0 1D � co t0 t0 � i0 t0 1p t0 (O b 1D (O t0 c0 10 t0 10 E ch Q o c m H m E N - 07 (6 a rn 3 - rn E a� o° ma p =r m n m u 6)W ° w H o c a 2- _ p= m E m o O o o o b oo o o oo oo a oo oo o o'. o o o 6 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 cs 6 0 0 N O N r N O O M cli t O _ O_ O O m O O N r 1(O] N to N , d m ��(0 V ' O c•1 V N N V V J N w_ I O O -o 1. O 1. O 0 0 0 O O pp h N O ° t O N n r V V h N O N M O r n v a 14 In L' m In m J V N Q J y Q) i I r O O n m O H O O O O Oi Oi ^ P F O N N N N V N O m m Ol O f0 (h m M A O16 f O V O T n r N N Of a O O P r iD O m O� OI V V E u n u vQ a fA 0 0 0 0 0 0 0 0 0 o In in N ° oo °o a v a o C � c m Is o b N O N 14 N F r r r O mn O O m O m N ro 0 I O N N n nV] r Oi b O N O O 10 N N m CI N N V' W OJ ¢Q I M O O O -R N N O O N N N O V N V < m "'. e N N f� n N O O O r O G b fV N V r n O N m m O O O O rz N O mN b V O A j N N N O i i a J w w y w Z y Z d W W Z O U w y y W y U Z Z j y y w w w w W w y W O Q Z F y W w twi w w y p f.'! w w' y > > O W Q ¢ y F U U OW N Z y w U` a ¢ > y m W W = fwn ) W w ''.. z z a a r w w y Z z - p = Q u v w z o t=- Uo a a w 0 0 0 F F W y w w a F y LW U x W w y w p o p x x F O O w O O m w Z Z U W J U 7 0 VI y fn w Z F ¢ �. O W O Z O Z 2 O K K FO-- z z Q Q a W W d W w w w m O 2 Z d IL � K w < 0 Q 3 LL y uai N w O O � U OR o w o F z z z Q 2Q zQ' ¢ v > > w w x v v aKJ y "�� LL = v v a Z Z Q W W Z Z Z w W O W Q ¢ LL y w w y U U w W W U O Q g F ? W F Z Z W K K W W Q Q C7 > > Z N y x d a 0 W y w y y x S x w W R R Z Z � O Z y Q ¢ w w w O O K w F w w 0 0 F F F D X W W w W 0 )-- w of w y W W x F ? ? O w w y N N O O 0 0 LL w w U U Q y 0 2 F F- Q O O w O ',.. 0 O O° � � i O V V �) N � N O N N N M M V V 0 E N m IL T S d E o U i a U _ 0 0 N � O O O O O� 4 b d 0 N N V N Qm ° K N M M O N mm �v w c n M N m C O � M N v r O O O n c�ma n M o �- mm m -i r M ni r ma c M 0 6 o O N N V O It N N tL m O m N N N N O O � N¢E ¢ N Of V O A c a r]=O M N Q U) W 0 N u W W N a° zN UV } w. m0 00 W w w Z a_ U w W w W N w m e6 f Q Y } > } T Z U H OS' W 1x1 w W 0:.� x z ro z F F � F a a w z U U w w z z N.= x z p 0 0 0 z w W w Q � z.H w w U O W W ¢ J J 2 W w W w W 0 � a: rt > z a ¢ a ¢ a m m u m z z z z W W W d F a- m w m w Z r r W W w W T = x a a a a a z x z = > m m a m > > ¢ ¢ ¢ ¢ O r O r ¢ w w x x w w O O O w ? d o U O m o m o a O O w w CY R' cO m City of Brooklyn Center Z5,7 Storm Sewer Fund Cash Flow Analysis Rate Increase 3.00% 1.00% 1.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Per Residential Lot 14.19 14.34 14.48 14.48 14.48 14.48 14.48 14.48 14.48 14.48 14.48 14.48 14.48 14.48 14.48 Actual Actual Actual Budget Proposed Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Revenues Storm Sewer Fees $ 1,577,679 $ 1,575,529 $ 1,587,721 $ 1,597,370 - $ 1,597,370 $ 1,597,370 $ 1,597,370 $ 1,597,370 $ 1,597,370 $ 1,597,370 $ 1,597,370 $ 1,597,370 $ 1,597,370 $ 1,597,370 $ 1,597,370 Misc. Operating $ - $ - $ 33,383 $ - $ - $ - $ - $ - $ - $ _ $ - $ _ $ _ $ _ $ _ Misc. Non-operating $ 26,255 $ 4,901 $ 23,080 $ 18,000 $ 10,000 $ 10,000 $ 12,492 $ 12,409 $ 12,166 $ 11,957 $ 9,100 $ 8,382 $ 7,125 $ 10,126 $ 13,036 Total Revenues $ 1,603,934 $ 1,580,430 $ 1,644,184 $ 1,615,370 $ 1,607,370 $ 1,607,370 $ 1,609,862 $ 1,609,779 $ 1,609,536 $ 1,609,327 $ 1,606,470 $ 1,605,752 $ 1,604,495 $ 1,607,496 $ 1,610,406 Expenditures Personal Services $ 66,003 $ 126,349 $ 169,543 $ 168,270 $ 186,205 $ 189,258 $ 198,721 $ 208,657 $ 219,090 $ 230,044 $ 241,546 $ 253,624 $ 266,305 $ 279,620 $ 293,601 Supplies $ 10,351 $ 4,371 $ 6,110 $ 28,800 $ 29,540 $ 29,915 $ 30,812 $ 31,737 $ 32,689 $ 33,670 $ 34,680 $ 35,720 $ 36,792 $ 37,895 $ 39,032 Services $ 343,296 $ 327,562 $ 260,632 $ 282,565 $ 311,609 $ 301,888 $ 310,945 $ 320,273 $ 329,881 $ 339,778 $ 349,971 $ 360,470 $ 371,284 $ 382,423 $ 393,895 Depreciation $ 858,450 $ 866,647 $ 939,433 $ 1,056,862 $ 1,101,744 $ 1,175,000 $ 1,210,250 $ 1,246,558 $ 1,283,954 $ 1,322,473 $ 1,362,147 $ 1,403,011 $ 1,403,011 $ 1,403,011 $ 1,403,011 Debt Service Interest&Fees $ - $ - $ - $ - $ - $ - $ - $ - $ $ $ $ $ $ $ Total Expenditures $ 1,278,100 $ 1,324,929 $ 1,375,718 $ 1,536,497 $ 1,629,098 $ 1,696,061 $ 1,750,728 $ 1,807,224 $ 1,865,614 $ 1,925,964 $ 1,988,344 $ 2,052,825 $ 2,077,392 $ 2,102,950 $ 2,129,540 less:Non-Cash Depreciation $ 858,450 $ 866,647 $ 939,433 $ 1,056,862 $ 1,101,744 $ 1,175,000 $ 1,210,250 $ 1,246,558 $ 1,283,954 $ 1,322,473 $ 1,362,147 $ 1,403,011 $ 1,403,011 $ 1,403,011 $ 1,403,011 plus:Cash Transfer to GF $ 100,000 $ 100,000 $ - $ - $ - $ - $ - $ _ $ _ $ _ $ _ $ _ $ _ $ - $ _ plus: Debt Service Principal $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ _ $ _ $ _ $ _ plus:Transfers $ - $ $ - $ - $ $ - $ - $ _ $ _ $ _ $ _ $ _ $ _ $ $ _ plus: Cash Capital Outlay $ 1,015,061 $ 581,239 $ 975,744 $ 560,000 $ 1,148,000 $ 1,296,000 $ 1,090,000 $ 1,110,000 $ 1,080,000 $ 1,720,000 $ 1,160,000 $ 1,270,000 $ 180,000 $ 180,000 $ 140,000 Total Cash Requirement $ 1,534,711 $ 1,139,521 $ 1,412,029 $ 1,039,635 $ 1,675,354 $ 1,817,061 $ 1,630,478 $ 1,670,667 $ 1,661,660 $ 2,323,491 $ 1,786,197 $ 1,919,814 $ 854,381 $ 879,938 $ 866,529 Beginning Cash Balance $ 1,929,535 $ 2,143,141 $ 2,666,111 $ 2,824,851 i $ 3,400,586 $ 3,332,602 $ 3,122,911 $ 3,102,295 $ 3,041,407 $ 2,989,283 $ 2,275,118 $ 2,095,392 $ 1,781,329 $ 2,531,444 $ 3,259,001 Changes in Assets/Liabilitles $ 144,383 $ 82,061 $ (73,415) $ - $ - $ - $ - $ - $ _ $ - $ _ $ _ $ _ $ _ $ _ Cash Received $ 1,603,934 $ 1,580,430 $ 1,644,184 $ 1,615,370 $ 1,607,370 $ 1,607,370 $ 1,609,862 $ 1,609,779 $ 1,609,536 $ 1,609,327 $ 1,606,470 $ 1,605,752 $ 1,604,495 $ 1,607,496 $ 1,610,406 Cash Spent $ 1,534,711 $ 1,139,521 $ 1,412,029 $ 1,039,635 $ 1,675,354 $ 1,817,061 $ 1,63Q478 $ 1,670,667 $ (1,661,660) $ 2,323,491 $ 1,786,197 $ 1,919,814 $ 854,381 $ 879,938 $ 866,529 Ending Cash Balance $ 2,143,141 $ 2,666,111 $ 2,824,851 $ 3 400,588 $ 3,332,602 $ 3,122,911 $ 3,102,295 $ 3,041,407 $ 2,989,283 $ 2,275 118 $ 2,095 392 $ 1,781,329 $ 2,531,444 $ 3,259,001 $ 4,002 878 Cash Reserve Target $ 540,000 $ 540,000 $ 540,000 $ 540,000 $ 540,000 $ 540,000 $ 540,000 $ 540,000 $ 540,000 $ 540,000 $ 540,000 $ 540,000 $ 540,000 $ 540,000 $ 540,000 Assumptions: Cash basis All assumptions are predicted on Cash Basis presentation with no provisions made for changes in balance sheet terns that may affect cash balances. Revenues Rate increase reflect additions to the gross income based on ordinance charges Expenditures Personnel Costs increase at a rate of 5%per year. Supplies and Services increase at a rate of 3%per year. Capital outlay is from the 2013 CIP 2013 Utility Rates&Cash Flows M o O r= � r m o m E _ d v o U i z o m n z �N n U m° ` mc v a°i w o 0 O O 6 IS 6 6 6 6 0 0 V N N N N N M t b N N N I N N O rp O n N T v m i N N M n � (D c °o o °o °o ° °0o cl; o. o 6 0 0 ci n N N Iq N N m No r r N N ry NSW , i i N N N O 0 0 O 0 0 Q j ' 0 0 6 6 4 o [m0 p 0 O o o cd N N O o N O O O a , Ea a N I °o °o °o °o c 16 16 o 6 6 6 0 0 M N N N O m N N m N N m y cl e} m O O r ° n m E a m n m b b r N vi v 6 i 4 °o o o ° 6 6 ,ri 16 Id m ry Q E I a a N I F O N W W Z Z ? 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O O o 0 o O o m o � i°(J N O O O O N N N N M m r r I I� f• f` I (V N n I� N N a c n° r° <m O M M M O Id M NQE ¢ m C V V V O O O N N N N N N r b � T Of N N 00 N ON m b N T ON O O N N N N m m Q H H N n m m 0 < < O ' NQE a U) U) w LL U N U K W W W W N N Q W Z Z > N N W W F" N N LL Z Z H U_ U_ O O t' J N U O tl N U CL K W W O d LL > WQ Q V N N Z W W N N W X X U Z W > � W W Q Q' F = S Z Z In W W W W N N W d C U Q W W Z N O W 0 H 0 LL a � p L N Q O O U ❑ i>-- W W rd F N U U U4 W W W U ❑ W W O U w W N } Y } < t"' W Q a O ❑ ¢1 > > N R Z Z wU' -f LL Z Z �, w Q Q ZO =O W Z Q F Q U U X 0 2 K Q ¢ J W W LL K F d `� W W Z d pW, z (n N LL U U Q Q W 7 j W Z Z W F O O (� (7 U' Z Q ZQ U O! W W oC S U U W W f- Q W W Q G W G U U W O O D Q rL W U N y F F F K F H a S K K N K K K fL K Z tF- U V) W W Z ft d' K �' >O a H Q uj y >4 W Q Q Z Z Z Z 7 O J J J j 2 d a (� M y = M S U Q ¢ d m m S S x x a a a O O O IL W' ae tY K W N !- 1- O F W W O F I- F O N K K W W X F- /- F- I- n- Q ¢ Q ? ? 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(MO HMO . . b m m m tap . ta0 1aO taD taD a tad ta0 fO N � (�O �C t�0 tD � tP0 10 tN9 tN0 l� (�O tm0 t�D M O M � N c0 CL E U 0 v e m N >> P[0 K i � e d N N J N m O N v r 0 0 0 N mm I ' K I < N I N N O m o N B N d a d N I N N pl O N L m O M N N C c °> rQE ) ¢ i N m a m m m v H o > > M 0 NQE ¢ N 9 u N N n N o¢ N N N N z z Z Z W w W W a a d a > w w w w J N N ❑ z F W W Z Z Fz z z z z z z n a a > > U w w w 0 0 m co m v a City Brooklyn Center Street Light Utility Fund Rate Analysis Rate Increase 2.00% 3.00% 3.00% 25.26% 2a18% 10,00% 3.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.0091. 0.00% Quarterly Rate per Dwelling U 3.73 3.84 3.95 4.95 5.95 6.55 6.74 6.74 6.74 6.74 6.74 6.74 6.74 6.74 6.74 Actual Actual Actual Budget Proposed Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected F 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Revenues Street Light Fee $ 253,754 $ 258,535 $ 272,510 $ 334,626 $ 402,369 $ 442,369 $ 455,640 $ 455,640 $ 455,640 $ 455,640 $ 455,640 $ 455,640 $ 455,640 $ 455,640 $ 455,640 $ Misc.Operating $ - $ - $ 18,378 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Misc. Non-operating $ 1,067 $ 416 $ 6,913 $ 1,000 $ 500 $ 500 $ 500 $ 500 $ 500 $ 500 $ 500 $ 500 $ 500 $ 500 $ 500 $ Total Revenues $ 254,821 $ 258,951 $ 297,801 $ 335,626 $ 402,869 $ 442,869 $ 456,140 $ 456,140 $ 456,140 $ 456,140 $ 456,140 $ 456,140 $ 456,140 $ 456,140 $ 456,140 $ Expenditures Personal Services $ - $ - $ - $ - $ - $ - $ $ - $ - $ $ - $ - $ - $ - $ - $ Supplies $ 839 $ 466 $ 749 $ 2,560 $ 2,780 $ 2,500 $ 2,575 $ 2,652 $ 2,732 $ 2,814 $ 2,898 $ 2,985 $ 3,075 $ 3,167 $ 3,262 $ Services $ 213,615 $ 207,719 $ 203,616 $ 221,380 $ 226,733 $ 236,893 $ 242,815 $ 248,886 $ 255,108 $ 261,486 $ 268,023 $ 274,723 $ 281,591 $ 288,631 $ 295,847 $ Depreciation $ 5,566 $ 5,567 $ 28,370 $ 32,000 $ 33,600 $ 36,900 $ 37,638 $ 313,391 $ 39,159 $ 39,942 $ 40,741 $ 41,555 $ 42,387 $ 43,234 $ 44,099 $ Debt Service or Transfer $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ - - - - - - - - - - - - - - - Total Expenditures $ 220,020 $ 213,752 $ 232,735 $ 255,940 $ 263,113 $ 276,293 $ 283,028 $ 289,929 $ 296,998 $ 304,241 $ 311,661 $ 319,264 $ 327,053 $ 335,032 $ 343,208 $ Capital Outlay/Transfers $ $ 92,835 $ 125,442 $ 232,000 _ $ 110,000 $ 60,000 $ 215,000 $ 260,000 $ 317,000 $ 130,000 $ 90,000 $ 170,000 $ 15,000 $ 60,000 $ 170,000 $ Total Cash Requirement $ 220,020 $ 306,587 $ 358,177 $ 487,940 $ 373,113 $ 336,293 $ 498,028 $ 549,929 $ 613,998 $ 434,241 $ 401,661 $ 489,264 $ 342,053 $ 395,032 $ 513,208 $ Beginning Cash Balance $ 72,996 $ 117,678 $ 76,729 $ 10,808 $ (109,506) $ (46,150) $ 97,326 $ 93,076 $ 37,678 $ (81,022) $ (19,181) $ 76,038 $ 84,470 $ 240.,944 $ 345,286 $ Changes in Assets/Liabilities $ 4,315 $ 1,120 $ (33,915) $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Revenues $ 254,821 $ 258,951 $ 297,801 $ 335,626 $ 402,869 $ 442,869 $ 456,140 $ 456,140 $ 456,140 $ 456,140 $ 456,140 $ 456,140 $ 456,140 $ 456,140 $ 456,140 $ Expenditures $ (220,020) $ (306,587) $ (358,177) $ (487,940) $ (373,113) $ (336,293) $ (498,028) $ (549,929) $ (613,998) $ (434,241) $ (401,661) $ (489,264) $ (342,053) $ (395,032) $ (513,208) $ Depreciation Add-Back $ 5,566 $ 5,567 $ 28,370 $ 32,000 $ 33,600 $ 36,900 $ 37,638 $ 38,391 $ 39,159 $ 39,942 $ 40,741 $ 41,555 $ 42,387 $ 43,234 $ 44,099 $ Ending Cash Balance $ 117,678 $ 76,729 $ 10,808 $ 109,506 $ 46,150 $ 97,326 $ 93,076 $ 37,678 $ 81,022 $ 19,181 $ 76,038 $ 84,470 $ 240,944 $ 345,286 $ 332,317 $ Cash Reserve Target $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ Assumptions: Cash basis All assumptions are predicted on Cash Basis presentation with no provisions made for changes in balance sheet items that may occur from year to year. Revenues Rate increases are based on customer count of 8,415 residential customers and 538 others. Expenditures Supplies and Services increase at a total rate of 3%per annum. Depreciation increases at a rate of approximately 2%per annum. Capital outlay is from the 2013 CIP N O U) m € t C d _ 0 U I E ` _ N � rn a° a° o °o m m A o a e c a N m= a li o �a m K p o e cmi N o o N o 0 0 1- y n1 N b N h > m y n e r r n m EQ a N 0 o O ti m m. N N N p N N LL m y R M O O O O O M M R N Cl i N O O N O fV N > r N E u E N r r ° e a v NQE a im' o z z W W _ ¢ N y z a ? U U n u O W W W W Z Z W W w 7 7 O O K O¢ W ~ 7 7 7 7 W U U a O W > W N 0 Z Z LL W W W W W LL y 7 7 N 7 � w to U U U w ¢ ¢ N U C7 W W W W p w 0 0 W f7 0 Z > > > C7 z K W K Z U 7 z Z w K K a a Y Z N > D 7 0 7 Y W O 7 W W U U W N w J�Ll °b otl `Y. 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Q In 0) m o wacnC000 UH a) -C U QUQ w (n v � 2013-14 Joint Budget Meeting October 15, 2012 Responsibly provide for the maintenance and operations of the following in a quality, cost effective manner: 120 miles of city streets • 520 acres of parks and other natural areas • 67 miles of trails and sidewalks • Municipal-owned buildings and grounds • Storm drains and treatment facilities • All aspects of water and sewer operations • Public Works Department is responsible for: 1.Engineering 2.Street Maintenance 3.Park Maintenance 4.Public Utilities (water, sanitary sewer, storm sewer and street lighting) 5.Central Garage 6.Building Capital Maintenance Projects 2 2013-14 BC PW Utilities Budget, 10/15/12 3 2013-14 BC PW Utilities Budget, 10/15/12 Utilities Water Utility: 1.3 billion gal/yr supplied to customers from 9 wells, 3 water towers Sanitary Sewer Utility: Conveyance of 850 million gal/yr of wastewater Storm Drainage Utility: Maintain approx. 85 miles of drainage pipes, 30+ ponds, storm sewer structures Street Light Utility: Coordinate operation of 1300 street lights 4 2013-14 BC PW Utilities Budget, 10/15/12 1.Meet or exceed safe drinking water standards of the State of Minnesota and manage storm water runoff in an efficient and environmentally sensitive manner. 2.Initiate improved, streamlined management strategies and techniques by use of refined methods and technologies. 5 2013-14 BC PW Utilities Budget, 10/15/12 6 2013-14 BC PW Utilities Budget, 10/15/12 Continue annual well rehabilitation Replace Supervisory Control and Data Acquisition (SCADA) computers and software Implementation of 2013 Capital Improvements Projects Develop certain Standard Operating Procedures where needed Wellhead Protection Plan update Local Water Resources Plan update 7 2013-14 BC PW Utilities Budget, 10/15/12 8 2013-14 BC PW Utilities Budget, 10/15/12 Monday, 15 October 2012 A Finance Utility with Rate Changes Only Rate Increase8.00%9.00%12.00%15.00%15.00%15.00%15.00% (8.00%) (8.00%) (8.00%) (8.00%) Rate/1,000 gallons 1.51 1.65 1.85 2.12 2.44 2.81 3.23 2.97 2.73 2.51 2.31 BudgetProposedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjected 20122013201420152016201720182019202020212022 Revenues Water Service$ 2,204,708$ 2,368,682$ 2,652,924$ 3,050,862$ 3,508,492$ 4,034,766$ 4,639,980$ 4,268,782$ 3,927,279$ 3,613,097$ 3,324,049 Bond Proceeds$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Misc. Operating$ - $ 3,700$ 7,400$ 11,100$ 14,800$ 18,500$ 22,200$ 25,900$ 29,600$ 33,300$ 37,000 Misc. Non-operating$ 12,000$ 81,331$ 64,429$ 47,107$ 44,493$ 32,327$ 5,620$ 36,633$ 63,487$ 80,582$ 128,899 Total Revenues$ 2,216,708$ 2,453,713$ 2,724,753$ 3,109,070$ 3,567,785$ 4,085,593$ 4,667,801$ 4,331,315$ 4,020,366$ 3,726,979$ 3,489,948 Expenditures Personal Services$ 478,177 $ 494,914 $ 502,193 $ 517,259 $ 532,777 $ 548,760 $ 565,223 $ 582,179 $ 599,645 $ 617,634 $ 636,163 Supplies$ 175,650 $ 244,020 $ 178,360 $ 183,711 $ 189,222 $ 194,899 $ 200,746 $ 206,768 $ 212,971 $ 219,360 $ 225,941 Services$ 678,023 $ 694,740 $ 656,419 $ 682,676 $ 709,983 $ 738,382 $ 767,917 $ 798,634 $ 830,579 $ 863,803 $ 898,355 Depreciation$ 690,558 $ 700,280 $ 735,294 $ 753,676 $ 772,518 $ 791,831 $ 811,627 $ 831,918 $ 852,716 $ 874,034 $ 895,884 New Interest Debt Service Interest & Fees$ 63,928$ 62,185$ 60,185$ 57,571$ 54,575$ 51,031$ 46,910$ 42,347$ 37,354$ 31,867$ 23,903 Total Expenditures$ 2,086,336$ 2,196,139$ 2,132,451$ 2,194,893$ 2,259,075$ 2,324,903$ 2,392,423$ 2,461,846$ 2,533,265$ 2,606,697$ 2,680,246 less: Non-Cash Depreciation$ 690,558 $ 700,280 $ 735,294 $ 753,676 $ 772,518 $ 791,831 $ 811,627 $ 831,918 $ 852,716 $ 874,034 $ 895,884 New Principal plus: Debt Service Principal$ 101,250 $ 101,250 $ 105,000 $ 105,000 $ 108,750 $ 112,750 $ 116,250 $ 116,250 $ 120,000 $ 123,750 $ 131,250 plus: Transfers$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - plus: Cash Capital Outlay$ - $ 1,420,000$ 1,800,000$ 1,650,000$ 2,378,000$ 3,330,000$ 1,937,000$ 1,690,000$ 1,650,000$ 260,000 $ 140,000 Total Cash Requirement$ 1,497,028$ 3,017,109$ 3,302,157$ 3,196,216$ 3,973,306$ 4,975,822$ 3,634,046$ 3,436,179$ 3,450,549$ 2,116,414$ 2,055,612 Beginning Cash Balance$ 1,991,361$ 2,711,041$ 2,147,645$ 1,570,241$ 1,483,095$ 1,077,573$ 187,344 $ 1,221,099$ 2,116,235$ 2,686,052$ 4,296,617 Changes in Assets/Liabilities$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Cash Received$ 2,216,708$ 2,453,713$ 2,724,753$ 3,109,070$ 3,567,785$ 4,085,593$ 4,667,801$ 4,331,315$ 4,020,366$ 3,726,979$ 3,489,948 Cash Spent$ (1,497,028)$ (3,017,109)$ (3,302,157)$ (3,196,216)$ (3,973,306)$ (4,975,822)$ (3,634,046)$ (3,436,179)$ (3,450,549)$ (2,116,414)$ (2,055,612) Ending Cash Balance$ 2,711,041$ 2,147,645$ 1,570,241$ 1,483,095$ 1,077,573$ 187,344 $ 1,221,099$ 2,116,235$ 2,686,052$ 4,296,617$ 5,730,953 B Finance by Adjusting Rates and Using Minimal Debt Rate Increase8.00%9.00%9.00%9.00%9.00%9.00%9.00%0.00%0.00%0.00%0.00% Rate/1,000 gallons 1.51 1.65 1.80 1.96 2.13 2.33 2.54 2.54 2.54 2.54 2.54 BudgetProposedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjected 20122013201420152016201720182019202020212022 Revenues Water Service$ 2,204,708$ 2,368,682$ 2,581,863$ 2,814,231$ 3,067,512$ 3,343,588$ 3,644,511$ 3,644,511$ 3,644,511$ 3,644,511$ 3,644,511 Bond Proceeds$ - $ - $ - $ - $ 1,500,000$ - $ - $ - $ - $ - Misc. Operating$ - $ 3,700$ 7,400$ 11,100$ 14,800$ 18,500$ 22,200$ 25,900$ 29,600$ 33,300$ 37,000 Misc. Non-operating$ 12,000$ 81,331$ 64,429$ 44,975$ 35,198$ 9,524$ 6,398$ 1,787$ 3,220$ 1,556$ 19,517 Total Revenues$ 2,216,708$ 2,453,713$ 2,653,693$ 2,870,307$ 3,117,510$ 4,871,612$ 3,673,109$ 3,672,198$ 3,677,331$ 3,679,367$ 3,701,028 Expenditures Personal Services$ 478,177 $ 494,914 $ 502,193 $ 517,259 $ 532,777 $ 548,760 $ 565,223 $ 582,179 $ 599,645 $ 617,634 $ 636,163 Supplies$ 175,650 $ 244,020 $ 178,360 $ 183,711 $ 189,222 $ 194,899 $ 200,746 $ 206,768 $ 212,971 $ 219,360 $ 225,941 Services$ 678,023 $ 694,740 $ 656,419 $ 682,676 $ 709,983 $ 738,382 $ 767,917 $ 798,634 $ 830,579 $ 863,803 $ 898,355 Depreciation$ 690,558 $ 700,280 $ 735,294 $ 753,676 $ 772,518 $ 791,831 $ 811,627 $ 831,918 $ 852,716 $ 874,034 $ 895,884 New Interest$ 42,750$ 38,250$ 32,250$ 14,250 Debt Service Interest & Fees$ 63,928$ 62,185$ 60,185$ 57,571$ 54,575$ 51,031$ 46,910$ 42,347$ 37,354$ 31,867$ 23,903 Total Expenditures$ 2,086,336$ 2,196,139$ 2,132,451$ 2,194,893$ 2,259,075$ 2,324,903$ 2,435,173$ 2,500,096$ 2,565,515$ 2,620,947$ 2,680,246 less: Non-Cash Depreciation$ 690,558 $ 700,280 $ 735,294 $ 753,676 $ 772,518 $ 791,831 $ 811,627 $ 831,918 $ 852,716 $ 874,034 $ 895,884 New Principal$ 150,000 $ 150,000 $ 250,000 $ 950,000 plus: Debt Service Principal$ 101,250 $ 101,250 $ 105,000 $ 105,000 $ 108,750 $ 112,750 $ 116,250 $ 116,250 $ 120,000 $ 123,750 $ 131,250 plus: Transfers$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - plus: Cash Capital Outlay$ - $ 1,420,000$ 1,800,000$ 1,650,000$ 2,378,000$ 3,330,000$ 1,937,000$ 1,690,000$ 1,650,000$ 260,000 $ 140,000 Total Cash Requirement$ 1,497,028$ 3,017,109$ 3,302,157$ 3,196,216$ 3,973,306$ 4,975,822$ 3,826,796$ 3,624,429$ 3,732,799$ 3,080,664$ 2,055,612 Beginning Cash Balance$ 1,991,361$ 2,711,041$ 2,147,645$ 1,499,181$ 1,173,271$ 317,475 $ 213,265 $ 59,578$ 107,348 $ 51,880$ 650,583 Changes in Assets/Liabilities$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Cash Received$ 2,216,708$ 2,453,713$ 2,653,693$ 2,870,307$ 3,117,510$ 4,871,612$ 3,673,109$ 3,672,198$ 3,677,331$ 3,679,367$ 3,701,028 Cash Spent$ (1,497,028)$ (3,017,109)$ (3,302,157)$ (3,196,216)$ (3,973,306)$ (4,975,822)$ (3,826,796)$ (3,624,429)$ (3,732,799)$ (3,080,664)$ (2,055,612) Ending Cash Balance$ 2,711,041$ 2,147,645$ 1,499,181$ 1,173,271$ 317,475 $ 213,265 $ 59,578$ 107,348 $ 51,880$ 650,583 $ 2,296,000 C Finance by Issuing Debt and Stabilizing Rates Rate Increase8.00%7.00%7.00%6.00%6.00%6.00%6.00%6.00%6.00%0.00%0.00% Rate/1,000 gallons 1.51 1.62 1.73 1.83 1.95 2.06 2.19 2.32 2.46 2.46 2.46 BudgetProposedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjected 20122013201420152016201720182019202020212022 Revenues Water Service$ 2,204,708$ 2,359,038$ 2,524,170$ 2,675,620$ 2,836,158$ 3,006,327$ 3,186,707$ 3,377,909$ 3,580,584$ 3,580,584$ 3,580,584 Bond Proceeds$ - $ - $ - $ - $ 3,330,000$ - $ - $ - $ - $ - Misc. Operating$ - $ 3,700$ 7,400$ 11,100$ 14,800$ 18,500$ 22,200$ 25,900$ 29,600$ 33,300$ 37,000 Misc. Non-operating$ 12,000$ 81,331$ 64,140$ 42,947$ 28,950$ (3,852)$ 37,403$ 15,386$ 4,717$ (287)$ 27,532 Total Revenues$ 2,216,708$ 2,444,069$ 2,595,710$ 2,729,667$ 2,879,908$ 6,350,975$ 3,246,309$ 3,419,195$ 3,614,901$ 3,613,597$ 3,645,115 Expenditures Personal Services$ 478,177 $ 494,914 $ 502,193 $ 517,259 $ 532,777 $ 548,760 $ 565,223 $ 582,179 $ 599,645 $ 617,634 $ 636,163 Supplies$ 175,650 $ 244,020 $ 178,360 $ 183,711 $ 189,222 $ 194,899 $ 200,746 $ 206,768 $ 212,971 $ 219,360 $ 225,941 Services$ 678,023 $ 694,740 $ 656,419 $ 682,676 $ 709,983 $ 738,382 $ 767,917 $ 798,634 $ 830,579 $ 863,803 $ 898,355 Depreciation$ 690,558 $ 700,280 $ 735,294 $ 753,676 $ 772,518 $ 791,831 $ 811,627 $ 831,918 $ 852,716 $ 874,034 $ 895,884 New Interest$ 96,150$ 88,650$ 81,150$ 69,900$ 51,150 Debt Service Interest & Fees$ 63,928$ 62,185$ 60,185$ 57,571$ 54,575$ 51,031$ 46,910$ 42,347$ 37,354$ 31,867$ 23,903 Total Expenditures$ 2,086,336$ 2,196,139$ 2,132,451$ 2,194,893$ 2,259,075$ 2,324,903$ 2,488,573$ 2,550,496$ 2,614,415$ 2,676,597$ 2,731,396 less: Non-Cash Depreciation$ 690,558 $ 700,280 $ 735,294 $ 753,676 $ 772,518 $ 791,831 $ 811,627 $ 831,918 $ 852,716 $ 874,034 $ 895,884 New Principal$ 250,000 $ 250,000 $ 250,000 $ 500,000 $ 750,000 plus: Debt Service Principal$ 101,250 $ 101,250 $ 105,000 $ 105,000 $ 108,750 $ 112,750 $ 116,250 $ 116,250 $ 120,000 $ 123,750 $ 131,250 plus: Transfers$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - plus: Cash Capital Outlay$ - $ 1,420,000$ 1,800,000$ 1,650,000$ 2,378,000$ 3,330,000$ 1,937,000$ 1,690,000$ 1,650,000$ 260,000 $ 140,000 Total Cash Requirement$ 1,497,028$ 3,017,109$ 3,302,157$ 3,196,216$ 3,973,306$ 4,975,822$ 3,980,196$ 3,774,829$ 3,781,699$ 2,686,314$ 2,856,762 Beginning Cash Balance$ 1,991,361$ 2,711,041$ 2,138,001$ 1,431,554$ 965,005 $ (128,394) $ 1,246,759$ 512,873 $ 157,240 $ (9,558)$ 917,724 Changes in Assets/Liabilities$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Cash Received$ 2,216,708$ 2,444,069$ 2,595,710$ 2,729,667$ 2,879,908$ 6,350,975$ 3,246,309$ 3,419,195$ 3,614,901$ 3,613,597$ 3,645,115 Cash Spent$ (1,497,028)$ (3,017,109)$ (3,302,157)$ (3,196,216)$ (3,973,306)$ (4,975,822)$ (3,980,196)$ (3,774,829)$ (3,781,699)$ (2,686,314)$ (2,856,762) Ending Cash Balance$ 2,711,041$ 2,138,001$ 1,431,554$ 965,005 $ (128,394) $ 1,246,759$ 512,873 $ 157,240 $ (9,558)$ 917,724 $ 1,706,078 D Shift Water Tower Painting Forward Five Years Rate Increase8.00%7.00%7.00%7.00%7.00%7.00%6.00%4.00%0.00%0.00%0.00% Rate/1,000 gallons 1.51 1.62 1.73 1.85 1.98 2.12 2.25 2.34 2.34 2.34 2.34 BudgetProposedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjected 20122013201420152016201720182019202020212022 Revenues Water Service$ 2,204,708$ 2,368,682$ 2,534,490$ 2,711,904$ 2,901,737$ 3,104,859$ 3,291,150$ 3,422,796$ 3,422,796$ 3,422,796$ 3,422,796 Bond Proceeds$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Misc. Operating$ - $ 3,700$ 7,400$ 11,100$ 14,800$ 18,500$ 22,200$ 25,900$ 29,600$ 33,300$ 37,000 Misc. Non-operating$ 12,000$ 81,331$ 64,429$ 43,554$ 30,664$ 34,021$ 10,368$ 18,068$ 18,986$ 19,611$ 26,250 Total Revenues$ 2,216,708$ 2,453,713$ 2,606,319$ 2,766,558$ 2,947,202$ 3,157,380$ 3,323,719$ 3,466,765$ 3,471,382$ 3,475,707$ 3,486,046 Expenditures Personal Services$ 478,177 $ 494,914 $ 502,193 $ 517,259 $ 532,777 $ 548,760 $ 565,223 $ 582,179 $ 599,645 $ 617,634 $ 636,163 Supplies$ 175,650 $ 244,020 $ 178,360 $ 183,711 $ 189,222 $ 194,899 $ 200,746 $ 206,768 $ 212,971 $ 219,360 $ 225,941 Services$ 678,023 $ 694,740 $ 656,419 $ 682,676 $ 709,983 $ 738,382 $ 767,917 $ 798,634 $ 830,579 $ 863,803 $ 898,355 Depreciation$ 690,558 $ 700,280 $ 735,294 $ 753,676 $ 772,518 $ 791,831 $ 811,627 $ 831,918 $ 852,716 $ 874,034 $ 895,884 New Interest Debt Service Interest & Fees$ 63,928$ 62,185$ 60,185$ 57,571$ 54,575$ 51,031$ 46,910$ 42,347$ 37,354$ 31,867$ 23,903 Total Expenditures$ 2,086,336$ 2,196,139$ 2,132,451$ 2,194,893$ 2,259,075$ 2,324,903$ 2,392,423$ 2,461,846$ 2,533,265$ 2,606,697$ 2,680,246 less: Non-Cash Depreciation$ 690,558 $ 700,280 $ 735,294 $ 753,676 $ 772,518 $ 791,831 $ 811,627 $ 831,918 $ 852,716 $ 874,034 $ 895,884 New Principal plus: Debt Service Principal$ 101,250 $ 101,250 $ 105,000 $ 105,000 $ 108,750 $ 112,750 $ 116,250 $ 116,250 $ 120,000 $ 123,750 $ 131,250 plus: Transfers$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - plus: Cash Capital Outlay$ - $ 1,420,000$ 1,800,000$ 1,650,000$ 1,240,000$ 2,300,000$ 1,370,000$ 1,690,000$ 1,650,000$ 1,398,000$ 1,170,000 Total Cash Requirement$ 1,497,028$ 3,017,109$ 3,302,157$ 3,196,216$ 2,835,306$ 3,945,822$ 3,067,046$ 3,436,179$ 3,450,549$ 3,254,414$ 3,085,612 Beginning Cash Balance$ 1,991,361$ 2,711,041$ 2,147,645$ 1,451,807$ 1,022,149$ 1,134,045$ 345,603 $ 602,276 $ 632,862 $ 653,695 $ 874,988 Changes in Assets/Liabilities$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Cash Received$ 2,216,708$ 2,453,713$ 2,606,319$ 2,766,558$ 2,947,202$ 3,157,380$ 3,323,719$ 3,466,765$ 3,471,382$ 3,475,707$ 3,486,046 Cash Spent$ (1,497,028)$ (3,017,109)$ (3,302,157)$ (3,196,216)$ (2,835,306)$ (3,945,822)$ (3,067,046)$ (3,436,179)$ (3,450,549)$ (3,254,414)$ (3,085,612) Ending Cash Balance$ 2,711,041$ 2,147,645$ 1,451,807$ 1,022,149$ 1,134,045$ 345,603 $ 602,276 $ 632,862 $ 653,695 $ 874,988 $ 1,275,423 ABCD Current CIP PlanCurrent CIP Plan Current CIP Planfinanced withfinanced withAdjusted CIP Plan financed solely withcombination rate adjustlower rate increases andposponing tower painting rate adjustmentsand minimal debtand more debt financingand financing with rates 2013 Rate1.651.651.621.62 2027 Rate1.522.182.462.34 Maximum Rate3.232.542.462.34 Total 15 year Cost *$ 2,425.68$ 2,458.80$ 2,403.36$ 2,347.92 2027 Cash Reserve$ 5,305,629.00$ 5,125,351.00$ 4,223,912.00$ 3,768,454.00 * (18,000 gallons/quarter at stated rate)Maximum difference$ 1.85 per quarter $ 7.40 per year $ 111.00 over 15 years Water Rates per 1,000 Gallons 3.50 3.00 2.50 Dollars per 1,00 gallons 2.00 1.50 1.00 0.50 0.00 201320142015201620172018201820202021202220232024202520262027 ABCD Rate Increase3.00%4.00%5.00%5.00%5.00%5.00%5.00%5.00%0.00%0.00% Monthly Residential Fee$ 22.59$ 23.49$ 24.66$ 25.90$ 27.19$ 28.55$ 29.98$ 31.48$ 31.48$ 31.48 BudgetProposedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjected 2012201320142015201620172018201920202021 Revenues Sewer Charges$ 3,480,278$ 3,619,489$ 3,800,464$ 3,990,487$ 4,190,011$ 4,399,512$ 4,619,487$ 4,850,462$ 4,850,462$ 4,850,462 Bond Proceeds$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Misc. Operating$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Misc. Non-operating$ 12,000$ 5,000$ 5,000$ 3,560$ 2,043$ (1,468)$ (2,215)$ (3,142)$ (3,066)$ (2,468) Total Revenues$ 3,492,278$ 3,624,489$ 3,805,464$ 3,994,047$ 4,192,054$ 4,398,044$ 4,617,272$ 4,847,319$ 4,847,396$ 4,847,994 Expenditures Personal Services$ 195,532 $ 197,115 $ 200,349 $ 208,363 $ 216,697 $ 225,365 $ 234,380 $ 243,755 $ 253,505 $ 263,646 Supplies$ 35,450$ 63,540$ 27,465$ 28,289$ 29,138$ 30,012$ 30,912$ 31,839$ 32,795$ 33,778 Services$ 2,312,825$ 2,501,518$ 2,585,847$ 2,663,422$ 2,743,325$ 2,825,625$ 2,910,394$ 2,997,705$ 3,087,637$ 3,180,266 Depreciation$ 677,763 $ 728,770 $ 801,647 $ 825,696 $ 850,467 $ 875,981 $ 902,261 $ 929,329 $ 957,208 $ 985,925 Debt Service Interest & Fees$ 21,310$ 17,834$ 16,615$ 14,706$ 13,447$ 12,716$ 10,806$ 9,913$ 8,963$ 6,910 Total Expenditures$ 3,242,880$ 3,508,777$ 3,631,923$ 3,740,477$ 3,853,074$ 3,969,699$ 4,088,752$ 4,212,542$ 4,340,108$ 4,470,524 less: Non-Cash Depreciation$ 677,763 $ 728,770 $ 801,647 $ 825,696 $ 850,467 $ 875,981 $ 902,261 $ 929,329 $ 957,208 $ 985,925 plus: Debt Service Principal$ 33,750$ 35,000$ 37,500$ 38,750$ 40,000$ 41,250$ 42,500$ 45,000$ 45,000$ 47,500 plus: Transfers$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - plus: Cash Capital Outlay$ 50,000$ 1,330,000$ 1,540,000$ 1,420,000$ 2,027,000$ 1,450,000$ 1,620,000$ 1,500,000$ 1,270,000$ 110,000 Total Cash Requirement$ 2,648,867$ 4,145,007$ 4,407,776$ 4,373,530$ 5,069,607$ 4,584,968$ 4,848,992$ 4,828,213$ 4,697,900$ 3,642,100 Beginning Cash Balance$ 1,169,534$ 2,012,945$ 1,492,427$ 890,115 $ 510,632 $ (366,922) $ (553,846) $ (785,566) $ (766,460) $ (616,963) Changes in Assets/Liabilities$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Cash Received$ 3,492,278$ 3,624,489$ 3,805,464$ 3,994,047$ 4,192,054$ 4,398,044$ 4,617,272$ 4,847,319$ 4,847,396$ 4,847,994 Cash Spent$ (2,648,867)$ (4,145,007)$ (4,407,776)$ (4,373,530)$ (5,069,607)$ (4,584,968)$ (4,848,992)$ (4,828,213)$ (4,697,900)$ (3,642,100) Ending Cash Balance$ 2,012,945$ 1,492,427$ 890,115 $ 510,632 $ (366,922) $ (553,846) $ (785,566) $ (766,460) $ (616,963) $ 588,931 Cash Reserve Target$ 950,000 $ 950,000 $ 950,000 $ 950,000 $ 950,000 $ 950,000 $ 950,000 $ 950,000 $ 950,000 $ 950,000 Cash Reserve Target (3%/yr)$ 1,038,091$ 1,069,233$ 1,101,310$ 1,134,350$ 1,168,380$ 1,203,432$ 1,239,535$ 1,276,721$ 1,315,022$ 1,354,473 Rate Increase0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00% Per Residential Lot14.4814.4814.4814.4814.4814.4814.4814.4814.4814.4814.48 BudgetProposedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjected 20122013201420152016201720182019202020212022 Revenues Storm Sewer Fees$ 1,597,370$ 1,597,370$ 1,597,370$ 1,597,370$ 1,597,370$ 1,597,370$ 1,597,370$ 1,597,370$ 1,597,370$ 1,597,370$ 1,597,370 Misc. Operating$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Misc. Non-operating$ 18,000$ 10,000$ 10,000$ 12,492$ 12,409$ 12,166$ 11,957$ 9,100$ 8,382$ 7,125$ 10,126 Total Revenues$ 1,615,370$ 1,607,370$ 1,607,370$ 1,609,862$ 1,609,779$ 1,609,536$ 1,609,327$ 1,606,470$ 1,605,752$ 1,604,495$ 1,607,496 Expenditures Personal Services$ 168,270 $ 186,205 $ 189,258 $ 198,721 $ 208,657 $ 219,090 $ 230,044 $ 241,546 $ 253,624 $ 266,305 $ 279,620 Supplies$ 28,800$ 29,540$ 29,915$ 30,812$ 31,737$ 32,689$ 33,670$ 34,680$ 35,720$ 36,792$ 37,895 Services$ 282,565 $ 311,609 $ 301,888 $ 310,945 $ 320,273 $ 329,881 $ 339,778 $ 349,971 $ 360,470 $ 371,284 $ 382,423 Depreciation$ 1,056,862$ 1,101,744$ 1,175,000$ 1,210,250$ 1,246,558$ 1,283,954$ 1,322,473$ 1,362,147$ 1,403,011$ 1,403,011$ 1,403,011 Debt Service Interest & Fees$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Total Expenditures$ 1,536,497$ 1,629,098$ 1,696,061$ 1,750,728$ 1,807,224$ 1,865,614$ 1,925,964$ 1,988,344$ 2,052,825$ 2,077,392$ 2,102,950 less: Non-Cash Depreciation$ 1,056,862$ 1,101,744$ 1,175,000$ 1,210,250$ 1,246,558$ 1,283,954$ 1,322,473$ 1,362,147$ 1,403,011$ 1,403,011$ 1,403,011 plus: Cash Transfer to GF$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - plus: Debt Service Principal$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - plus: Transfers$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - plus: Cash Capital Outlay$ 560,000 $ 1,148,000$ 1,296,000$ 1,090,000$ 1,110,000$ 1,080,000$ 1,720,000$ 1,160,000$ 1,270,000$ 180,000 $ 180,000 Total Cash Requirement$ 1,039,635$ 1,675,354$ 1,817,061$ 1,630,478$ 1,670,667$ 1,661,660$ 2,323,491$ 1,786,197$ 1,919,814$ 854,381 $ 879,938 Beginning Cash Balance$ 2,824,851$ 3,400,586$ 3,332,602$ 3,122,911$ 3,102,295$ 3,041,407$ 2,989,283$ 2,275,118$ 2,095,392$ 1,781,329$ 2,531,444 Changes in Assets/Liabilities$ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - Cash Received$ 1,615,370$ 1,607,370$ 1,607,370$ 1,609,862$ 1,609,779$ 1,609,536$ 1,609,327$ 1,606,470$ 1,605,752$ 1,604,495$ 1,607,496 Cash Spent$ (1,039,635)$ (1,675,354)$ (1,817,061)$ (1,630,478)$ (1,670,667)$ (1,661,660)$ (2,323,491)$ (1,786,197)$ (1,919,814)$ (854,381) $ (879,938) Ending Cash Balance$ 3,400,586$ 3,332,602$ 3,122,911$ 3,102,295$ 3,041,407$ 2,989,283$ 2,275,118$ 2,095,392$ 1,781,329$ 2,531,444$ 3,259,001 Rate Increase2.00%3.00%3.00%25.26%20.18%10.00%3.00%0.00%0.00%0.00%0.00% Quarterly Rate per Dwelling Unit3.733.843.954.955.956.556.746.746.746.746.74 ActualActualActualBudgetProposedProjectedProjectedProjectedProjectedProjectedProjected 20092010201120122013201420152016201720182019 Revenues Street Light Fee$ 253,754$ 258,535$ 272,510$ 334,626$ 402,369$ 442,369$ 455,640$ 455,640$ 455,640$ 455,640$ 455,640 Misc. Operating$ -$ -$ 18,378$ -$ -$ -$ -$ -$ -$ -$ - Misc. Non-operating$ 1,067$ 416 $ 6,913$ 1,000$ 500 $ 500 $ 500 $ 500 $ 500 $ 500 $ 500 Total Revenues$ 254,821$ 258,951$ 297,801$ 335,626$ 402,869$ 442,869$ 456,140$ 456,140$ 456,140$ 456,140$ 456,140 Expenditures Personal Services$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ - Supplies$ 839 $ 466 $ 749 $ 2,560$ 2,780$ 2,500$ 2,575$ 2,652$ 2,732$ 2,814$ 2,898 Services$ 213,615$ 207,719$ 203,616$ 221,380$ 226,733$ 236,893$ 242,815$ 248,886$ 255,108$ 261,486$ 268,023 Depreciation$ 5,566$ 5,567$ 28,370$ 32,000$ 33,600$ 36,900$ 37,638$ 38,391$ 39,159$ 39,942$ 40,741 Debt Service or Transfer$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ - Total Expenditures$ 220,020$ 213,752$ 232,735$ 255,940$ 263,113$ 276,293$ 283,028$ 289,929$ 296,998$ 304,241$ 311,661 Capital Outlay/Transfers$ -$ 92,835$ 125,442$ 232,000$ 110,000$ 60,000$ 215,000$ 260,000$ 317,000$ 130,000$ 90,000 Total Cash Requirement$ 220,020$ 306,587$ 358,177$ 487,940$ 373,113$ 336,293$ 498,028$ 549,929$ 613,998$ 434,241$ 401,661 Beginning Cash Balance$ 72,996$ 117,678$ 76,729$ 10,808$ (109,506)$ (46,150)$ 97,326$ 93,076$ 37,678$ (81,022)$ (19,181) Changes in Assets/Liabilities$ 4,315$ 1,120$ (33,915)$ -$ -$ -$ -$ -$ -$ -$ - Revenues$ 254,821$ 258,951$ 297,801$ 335,626$ 402,869$ 442,869$ 456,140$ 456,140$ 456,140$ 456,140$ 456,140 Expenditures$ (220,020)$ (306,587)$ (358,177)$ (487,940)$ (373,113)$ (336,293)$ (498,028)$ (549,929)$ (613,998)$ (434,241)$ (401,661) Depreciation Add-Back$ 5,566$ 5,567$ 28,370$ 32,000$ 33,600$ 36,900$ 37,638$ 38,391$ 39,159$ 39,942$ 40,741 Ending Cash Balance$ 117,678$ 76,729$ 10,808$ (109,506)$ (46,150)$ 97,326$ 93,076$ 37,678$ (81,022)$ (19,181)$ 76,038 Rate Increase3.00%6.00%2.00%0.00%3.00%3.00%3.00%3.00%3.00% Quarterly Residential Rate7.808.278.438.438.688.949.219.499.77 ActualActualActualBudgetProposedProjectedProjectedProjectedProjected 200920102011201220132014201520162017 Revenues Recycling Fee$ 267,316$ 283,057$ 278,893$ 289,927$ 302,394$ 311,466$ 320,810 $ 330,434$ 340,347 Misc. Operating$ -$ -$ 11,126 $ -$ 5,000$ 5,000$ 5,000$ 5,000$ 5,000 Misc. Non-operating$ 25$ 1 $ 20$ -$ -$ -$ - $ -$ - Total Revenues$ 267,341$ 283,058$ 290,039$ 289,927$ 307,394$ 316,466$ 325,810 $ 335,434$ 345,347 Expenditures Personal Services$ -$ -$ -$ -$ -$ -$ - $ -$ - Supplies$ 61$ 90$ -$ -$ 150$ 155 $ 159$ 164 $ 169 Services$ 275,997$ 278,291$ 284,441$ 286,503$ 297,975$ 306,914$ 316,122 $ 325,605$ 335,373 Depreciation$ -$ -$ -$ -$ -$ -$ - $ -$ - Debt Service$ -$ -$ -$ -$ -$ -$ - $ -$ - Total Expenditures$ 276,058$ 278,381$ 284,441$ 286,503$ 298,125$ 307,069$ 316,281 $ 325,769$ 335,542 Capital Outlay/Transfers$ -$ -$ -$ -$ -$ -$ - $ -$ - Total Cash Requirement$ 276,058$ 278,381$ 284,441$ 286,503$ 298,125$ 307,069$ 316,281 $ 325,769$ 335,542 Beginning Cash Balance$ (4,354)$ (14,337) $ (9,938)$ (7,762)$ (4,338)$ 4,931$ 14,328$ 23,857$ 33,522 Changes in Assets/Liabilities$ (1,266)$ (278)$ (3,422)$ -$ -$ -$ - $ -$ - Revenues$ 267,341$ 283,058$ 290,039$ 289,927$ 307,394$ 316,466$ 325,810 $ 335,434$ 345,347 Expenditures$ (276,058)$ (278,381)$ (284,441)$ (286,503)$ (298,125)$ (307,069)$ (316,281) $ (325,769)$ (335,542) Depreciation Add-Back$ -$ -$ -$ -$ -$ -$ - $ -$ - Ending Cash Balance$ (14,337) $ (9,938)$ (7,762)$ (4,338)$ 4,931$ 14,328$ 23,857$ 33,522$ 43,327 Cash Reserve Target$ 40,000 $ 40,000 $ 40,000 $ 40,000 $ 40,000 $ 40,000$ 40,000$ 40,000$ 40,000 Water Rate: 7.00% to 9.00%  Sanitary Sewer Rate:4.00%  Storm Sewer Rate:0.00%  Street Light Rate:20.18%  ($ 1.00/quarter) Recycling Rate:3.00%  Single Family Residential Quarterly Bill 7.00% Water9.00% Water 201220132013 Water (18,000 gallons)$ 28.90$ 30.92$ 31.50 Sanitary Sewer$ 67.76$ 71.16$ 71.16 Storm Sewer$ 14.48$ 14.48$ 14.48 Street Lights$ 4.95$ 5.95$ 5.95 Recycling$ 8.43$ 8.68$ 8.68 TOTAL per quarter$ 124.52$ 131.19$ 131.77 TOTAL per month$ 41.51$ 43.73$ 43.92 Increase per Month $$ 2.12$ 2.31 Increase per Month %5.10%5.56% 18,000 Gallons of Water per Quarter in 2011 $90.00 $84.46 $78.12 $80.00 $75.42 $68.35 $70.00 $60.00 $54.71 $48.60 $50.00 $37.60 $40.00 $31.92 $30.00 $26.74 $23.68 $20.00 $10.00 $- White BearBrooklynFridleyShoreviewRichfieldMaplewodRosevilleCrystalGolden ValleyNew Hope LakeCenter 18,000 Gallons of Sanitary Sewer per Quarter in 2011 $90.00 $78.14 $80.00 $75.66 $68.40 $70.00 $66.60 $66.03 $65.79 $62.00 $60.00 $50.00 $46.75 $46.20 $40.00 $34.07 $30.00 $20.00 $10.00 $- FridleyCrystalRosevilleGolden ValleyBrooklynMaplewodRichfieldWhite BearShoreviewNew Hope CenterLake Residential Lot Stormwater per Quarter for 2011 $25.00 $22.00 $20.00 $18.90 $15.97 $14.48 $15.00 $10.96 $9.90 $10.00 $6.75 $5.71 $5.00 $3.63 $- FridleyMaplewodRosevilleCrystalRichfieldBrooklyn CenterShoreviewNew HopeGolden Valley Residential Street Light Charge per quarter for 2011 $8.00 $7.29 $7.00 $6.00 $6.00 $5.00 $4.20 $3.95 $4.00 $3.15 $3.00 $2.00 $1.00 $- New HopeBrooklyn CenterCrystalGolden ValleyShoreview Residential Recycling Rate per Quarter for 2011 $12.00 $10.65 $10.65 $10.00 $8.43 $8.00 $8.00 $7.04 $6.66 $6.00 $6.00 $4.00 $2.00 $- RosevilleMaplewodFridleyGolden ValleyBrooklyn CenterNew HopeCrystal