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