CC Minutes 07/12/2011 Budget Workshop

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Significant Capital Projects by Water Utility Divisions comprise the following: Distribution & Collection: Improvements of $500,000 at the Red Bug Lake Road/S.R. 436 Intersection and renovations at the Winter Woods Lift Station approximating $250,000, as well as $110,000 allocated for new water and sewer and reclaimed lines. Water Production: The purchase of the Howell Park Plant Hydro Surge Tank estimated at $100,000. The proposed budget for this fund represents 33% of the City-wide total budget. The Water and Sewer Utility Fund services potable water, wastewater, and reclaimed water. The revenue for this fund includes $14,118,383 in utility service charges for the 54,000 consumers served by the Utility. Water, sewer and reclaimed water rates have been approved to increase by the Commission consistent with the recommendations of an independent rate study to maintain the financial health of the enterprise. Approved rate adjustments through FY 2012 for single family residential rates inside the City with 7,900 gallons (average) water and sewer and 12,000 gallons of reclaimed water consumption are show below: The Water & Sewer Utility Fund will yield an operating surplus of almost $600,000 in FY 2012. A surplus is being accumulated in this fund to pay off the ARRA loans at project completion instead of financing these projects over a long-term period. Water and Sewer Renewal and Replacement Fund Significant Capital Projects of $1,106,750 are appropriated by Department Division as follows: Distribution and Collection: Renovations at the Woodcrest Lift Station approximating $125,000 and the Gravity System Mainline U -lining Inflow/Infiltration system estimated at $100,000. Water Reclamation: Clarifier Rehabilitation for Plant I approximated at $375,000 and the remodel of the Wastewater Laboratory for $133,000. Water Production is expending $109,000 for rehabilitation on the North and South Wells and an additional $135,000 for the remodel of the South and North Water Treatment buildings. Water and Sewer Capital Improvement Fund The Water and Sewer Capital Improvement Fund captures impact fees from water and sewer connections from new development. Amounts related to the Triplet Lake Signature Street project of $406,600 have been proposed for FY 2012. Water and Sewer Alternative Water Supply Fund The Water and Sewer Alternative Water Supply Fund is reserving funds for future investment to share in the development of an alternative water supply. A transfer of $400,000 is proposed for FY 2012. Ending FY 2012 fund balance is projected at $1,200,000. A-10 . >ON FY 2011 FY 2012 Variance Water $18.70 $19.64 5.0% Wastewater $47.69 $52.46 10.0% Reclaimed Water $15.69 $16.47 5.0% The Water & Sewer Utility Fund will yield an operating surplus of almost $600,000 in FY 2012. A surplus is being accumulated in this fund to pay off the ARRA loans at project completion instead of financing these projects over a long-term period. Water and Sewer Renewal and Replacement Fund Significant Capital Projects of $1,106,750 are appropriated by Department Division as follows: Distribution and Collection: Renovations at the Woodcrest Lift Station approximating $125,000 and the Gravity System Mainline U -lining Inflow/Infiltration system estimated at $100,000. Water Reclamation: Clarifier Rehabilitation for Plant I approximated at $375,000 and the remodel of the Wastewater Laboratory for $133,000. Water Production is expending $109,000 for rehabilitation on the North and South Wells and an additional $135,000 for the remodel of the South and North Water Treatment buildings. Water and Sewer Capital Improvement Fund The Water and Sewer Capital Improvement Fund captures impact fees from water and sewer connections from new development. Amounts related to the Triplet Lake Signature Street project of $406,600 have been proposed for FY 2012. Water and Sewer Alternative Water Supply Fund The Water and Sewer Alternative Water Supply Fund is reserving funds for future investment to share in the development of an alternative water supply. A transfer of $400,000 is proposed for FY 2012. Ending FY 2012 fund balance is projected at $1,200,000. A-10