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Sewer Utility 41
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<br /> City of Lino Lakes, Minnesota – Water and Sewer Rate Study Update
<br />YearProject
<br />Sanitary Sewer
<br />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 />2012Capital Outlay from 2012 Sewer Budget45,000 45,000
<br />2013Gravity Sewer Extension, 21st Avenue Phase 1 (1,320')50,000 50,000 100,000
<br />2013Gravity Sewer, Cedar Street/Centerville Rd218,307 218,307 436,614
<br />2013Sanitary Sewer Rehab50,000 50,000
<br />2014Gravity Sewers, North of Century Farms, Stage 1337,185 337,185 674,370
<br />2014Sanitary Sewer Rehab51,795 51,795
<br />2015Gravity Sewer Extension, 21st Avenue Phase 2 (3,960')275,000 275,000 550,000
<br />2015Gravity Sewer, Lift Station & Forcemain Area 1G603,050 603,050 1,206,100
<br />2015NE Area Trunk Sewer, Stage 1407,505 407,505 815,010
<br />2015Sanitary Sewer Rehab53,654 53,654
<br />2016Sanitary Sewer Rehab55,581 55,581
<br />2016Upgrade Lift Station No. 881,501 81,501
<br />2017Sanitary Sewer Rehab57,576 57,576
<br />2018Sanitary Sewer Rehab59,643 59,643
<br />2019Sanitary Sewer Rehab61,784 61,784
<br />2020Gravity Sewer, 77th Street/Country Lane84,427 337,708 422,135
<br />2020Gravity Sewer, Lake Drive North of Main Street1,287,087 321,772 1,608,859
<br />2020Lift Station & Forcemain, Area 3D276,232 69,058 345,290
<br />2020NE Area Trunk Sewer, Stage 2251,774 251,774 503,548
<br />2020Sanitary Sewer Rehab64,002 64,002
<br />2020Upgrade Lift Station No. 10100,710 100,710
<br />2021Gravity Sewers, North of Century Farms, Stage 2745,178 745,178 1,490,356
<br />2021Sanitary Sewer Rehab66,300 66,300
<br />2022Sanitary Sewer Rehab68,680 68,680
<br />2022West Side Relief Sewer 4,940,354 4,940,354
<br /> TOTALS816,2262,503,4806,972,6193,616,53713,908,862
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<br />Financial Projections The financial projections assumed the City would maintain a minimum cash
<br />balance in the Sewer Fund equal to th ree months of anticipated operating
<br />expenses and one-year’s debt service within the planning period as well as fully
<br />fund deprecation. This assumption was made to ensure that the Sewer Fund
<br />would have sufficient cash to fund oper ations going forward and meet future
<br />debt service requirements.
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<br />To determine the appropriate user rates needed for the repayment of debt
<br />service and operation of the Sewer Fund, we have projected future revenue
<br />and expenditures and have incorporated the anticipated future capital outlay
<br />needs for the time period covered by this study.
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<br />The financial projections began w ith the Sewer Fund expenditures;
<br />subsequently, revenues were adjusted to provide the recommended income,
<br />cash flow, and level of ending cash balan ces. Our expenditure projections are
<br />generally based on an analysis of p ast trends, anticipated changes in
<br />operations, and our significant experien ce in preparing sewer rate studies.
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<br />Our projections show that the existing rate structure combined with projected
<br />growth in the customer-base, will pr ovided sufficient revenues to meet the
<br />minimum cash reserves recommended, but an increase of 7.0% in 2013 and
<br />2.0% annual increases 2014-2019 will be need ed to fully fund depreciation.
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<br />Our projections fund depreciation as well as the recommended reserve levels
<br />in the Sewer Fund throughout the planning period.
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<br />The financial projections are shown on the following pages.
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