|
Water Utility
<br />19
<br />Capital Outlay
<br />To determine the appropriate fees and rates needed for the opera
<br />Water Utility over the planning period, we have incorporated the
<br />future capital outlay needs provided by the Finance Director and
<br />These capital costs and their projected source of funding are sh
<br />below. The capital items are projected to be paid the Area and Unit Charge
<br />Fund. All water and sewer trunk charges are deposited into the
<br />Charge Fund, in addition to the $10 quarterly fee imposed on all
<br />
<br />Special
<br />
<br />rea and Unit rea and Unit Assessments -
<br />AA
<br />
<br />Water UtilityCharge FundCharge BondsArea and UnitTotals
<br />
<br />2012 -- - - 45,000
<br />2013 289,307 - - 317,307 656,614
<br />2014 2,992,150
<br /> 2,603,170- - 337,185
<br />
<br />2015 1,285,555- - 1,285,555 2,624,764
<br />
<br />2016 398,343- - - 535,425
<br />
<br />2017 -- 902,818 - 960,394
<br />
<br />2018 -- 4,751,653 - 4,811,296
<br />
<br />2019 -- 2,040,138 - 2,101,922
<br />
<br />2020 612,433- 3,970,743 980,312 5,728,200
<br />
<br />2021 1,556,656
<br /> -- 745,178 745,178
<br />
<br />2022 -- 4,940,354 - 5,009,034
<br />
<br />Total- 5,188,808 17,350,884 3,665,537 27,021,455
<br />
<br />The only capital improvements planned for the Water Utility are
<br />primarily to projected growth and include new watermains, wells, and a new
<br />ground storage unit. The water capital outlay is projected to be funded with a
<br />mixture of special assessments and G.O. Water Revenue Bonds, whi
<br />projected to be repaid from trunk charge revenue.
<br />
<br />A detailed listing of the anticipated capital improvements to be paid from the
<br />Water Utility Fund through 2022 as well as the Area and Unit Cha
<br />projections is shown on the following pages. Capital Outlay shown in the
<br />Area and Unit Charge Fund also includes Sewer Utility projects.
<br />of the Sewer Utility appears later in the report.
<br />City of Lino Lakes, Minnesota – Water and Sewer Rate Study Update
<br />
<br />
|