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<br />
<br />City of Sample, Minnesota
<br />Water Rate Study
<br />Date
<br />
<br />II. Assumptions (Continued)
<br />
<br />The schedule of the planned capital projects is listed below. The assumption is that the City will be doing these projects at
<br />some point during the projection period.
<br />
<br />Water 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
<br />Water Treatment Plant 1 and 3 2,390,000$ -$ -$ -$ -$ -$ -$ -$ -$ -$
<br />Water Treatment Plant 2 - - 1,160,000 - - - - - - -
<br />New Water Treatment Plant - 4,109,000 4,109,000 - - - - - - -
<br />New monitoring well - - - 80,000 - - - - - -
<br />New Well - - - 906,250 - - - - - -
<br />New Tower - - - - - - 2,000,000 - - -
<br />Well Rehab 70,000 70,000 70,000 - - 10,000 10,000 10,000 - -
<br />Tower Rehab - - - 350,000 350,000 - - - - -
<br />AMR and Meters 1,013,300 - - - - - - - - -
<br />New Utility Billing Software - - 300,000 - - - - - - -
<br />Pickup Truck 12,500 13,000 - - - - - - - -
<br />Truck for new FTE - - 25,500 - - - - - - -
<br />Skid Steer Loader 23,500 - - - - - - - - -
<br />Excavator - 43,750 - - - - - - - -
<br />Step Van 13,584 - - - - - - - - -
<br />Local Street Project 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
<br />State Aid Street Projects 100,000 - - 150,000 - - - 275,000 - 225,000
<br />County - CSAH 32/33 Reconstruction - - - - - 200,000 150,000 - - -
<br />Hwy 97/Goodview Roundabout - 100,000 - - - - - - - -
<br />Total Water Fund Capital 3,647,884$ 4,360,750$ 5,689,500$ 1,511,250$ 375,000$ 235,000$ 2,185,000$ 310,000$ 25,000$ 250,000$
<br />Average Annual Cost Over a 5 Year Period 3,116,877$
<br />
<br />The schedule of the projected increase in billing revenue from new residents for the ¾” meter size presented below.
<br />
<br />Increase in Billing Revenue
<br />2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
<br />Total Estimated Population 19,980 20,081 20,182 20,283 20,384 20,485 20,586 20,687 20,788 20,889 20,990
<br />Estimated Increase in Residential Users 101 101 101 101 101 101 101 101 101 101 101
<br />Average (based on 2019 - 2025)101 101 101 101 101 101 101 101 101 101
<br />Total new population 101 202 303 404 505 606 707 808 909 1,010
<br />Average Residential Quarterly Bill (11,000 Gallons)
<br />Water 50.39$ 55.26$ 59.02$ 63.05$ 64.94$ 66.89$ 68.90$ 70.96$ 73.09$ 75.28$
<br />Annual Increase in Billing Revenue
<br />Water -$ 20,359$ 44,649$ 71,536$ 101,887$ 131,180$ 162,138$ 194,836$ 229,350$ 265,759$ 304,147$
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<br />Sample
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