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05-03-2021 Council Work Session Packet
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05-03-2021 Council Work Session Packet
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Last modified
11/4/2021 10:53:20 AM
Creation date
11/4/2021 9:07:24 AM
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City Council
Council Document Type
Council Packet
Meeting Date
05/03/2021
Council Meeting Type
Work Session Regular
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4/30/2021 <br />3 <br />Assumptions <br />2020 & 2021 utility fund budgets <br />CIPs for each fund <br /># of water accounts; detailed water consumption data <br />Growth in customers: 165/year <br />1-6% growth in operating expenses <br />2-3 new FTEs over the 10-year period <br />City provided new special assessments projected to be collected <br />City projected depreciation <br />5 <br />Capital Outlay <br />Assumptions <br />•Proposed Water Treatment Plant in 2023 is $21.0M <br />•Debt is assumed 20 years at 3% for WTP, 15 years <br />at 2.5% for other items <br />6
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