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Background 9 <br /> <br /> City of Lino Lakes, Minnesota – Water and Sewer Rate Study Update <br />Sewer Fund A review of the City’s most recent financial reports shows the cash balance in <br />Historical Information the Sewer Fund has also been increasing. The 2012 budget was projected to <br />result in an ending cash balance of $6,939,631; up from $5,750,402 in 2009. <br /> <br />Historically, the fund recorded positive operating income in 2009 and 2010. <br />Operating income was ($143,875) in 2011 and is projected to be ($56,275) in <br />2012, indicating the City is not fully funding depreciation as previously has <br />been a goal. <br /> <br />Revenue and expenditures for the past four years in the Sewer Fund, as well as <br />the City’s current sewer rate schedule are shown below. <br /> <br /> <br />Current Sewer Rate Schedule <br /> <br />Sewer Volume Charges <br />(Quarterly) <br />*Sewer based on winter quarter usage. <br /> <br /> <br />Sewer Connection Fee <br />Water Meter <br />Size (Inches) Amount <br />All $200 <br />Sewer Availability Charges <br />Per SAC Unit Amount <br />2012 $2,911 <br /> Rate <br />Rate per 1,000 <br />Gallons <br />Up to 10,000 gallons $52.00 <br />Over 10,000 gallons $1.00 <br />Sewer Customer Only $62.00