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<br />Water Utility
<br />22
<br />Capital Outlay
<br />Springsted
<br />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
<br />table below. The capital items are projected to be paid from both the Water
<br />Utility Fund and the Area and Unit Charge Fund. All water and sewer trunk
<br />charges are deposited into the Area and Unit Charge Fund, in addition to the
<br />$10 quarterly fee imposed on all water users.
<br />The capital improvements planned for the Water Utility are related primarily
<br />to the proposed water treatment facility. The capital outlay projected to be
<br />paid from the Water Utility (shown above), is related to the water tower
<br />repainting, various street improvement projects, and the water treatment plant
<br />in 2017. Approximately 1/3 of the proposed water treatment plant will
<br />benefit existing users and therefore the cost should be repaid primarily from
<br />user fees. This amount is projected to be $4,848,706 in 2017. The remaining
<br />portion, $9,697,412, is projected to be funded with G.O. Water Revenue
<br />Bonds, which are projected to be repaid from trunk charge revenue.
<br />Based on cash available in the fund, we have assumed a majority of the
<br />capital outlay would be funded with cash from the Water Utility. In addition,
<br />various transfers are projected to be made from the Water Utility to the Area
<br />and Unit Charge Fund in 2011 and 2012, with repayment back to the Water
<br />Utility 2013 -2015.
<br />A detailed listing of the anticipated capital improvements to be paid from the
<br />Water Utility Fund through 2017 as well as the Area and Unit Charge Fund
<br />projections is shown on the following pages. 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.
<br />City of Lino Lakes, Minnesota. Water and Sewer Study
<br />Water Utility
<br />G.O. Water
<br />Revenue Bond
<br />Special
<br />Assessments
<br />Water
<br />Area and Unit
<br />Charge Fund
<br />Totals
<br />2007
<br />-
<br />-
<br />-
<br />230,560
<br />230,560
<br />2008
<br />314,580
<br />-
<br />-
<br />-
<br />314,580
<br />2009
<br />571,153
<br />-
<br />698,076
<br />1,965,945
<br />3,235,175
<br />2010
<br />-
<br />-
<br />-
<br />230,600
<br />230,600
<br />2011
<br />-
<br />583,671
<br />742,854
<br />3,685,627
<br />5,012,152
<br />2012
<br />-
<br />-
<br />-
<br />1,806,609
<br />1,806,609
<br />2013
<br />-
<br />-
<br />-
<br />-
<br />-
<br />2014
<br />-
<br />-
<br />-
<br />-
<br />-
<br />2015
<br />-
<br />-
<br />-
<br />255,810
<br />255,810
<br />2016
<br />-
<br />-
<br />-
<br />-
<br />-
<br />2017
<br />4,848,706
<br />9,697,412
<br />-
<br />-
<br />14,546,118
<br />Total
<br />5,734,440
<br />10,281,083
<br />1,440,930
<br />8,175,151
<br />25,631,604
<br />The capital improvements planned for the Water Utility are related primarily
<br />to the proposed water treatment facility. The capital outlay projected to be
<br />paid from the Water Utility (shown above), is related to the water tower
<br />repainting, various street improvement projects, and the water treatment plant
<br />in 2017. Approximately 1/3 of the proposed water treatment plant will
<br />benefit existing users and therefore the cost should be repaid primarily from
<br />user fees. This amount is projected to be $4,848,706 in 2017. The remaining
<br />portion, $9,697,412, is projected to be funded with G.O. Water Revenue
<br />Bonds, which are projected to be repaid from trunk charge revenue.
<br />Based on cash available in the fund, we have assumed a majority of the
<br />capital outlay would be funded with cash from the Water Utility. In addition,
<br />various transfers are projected to be made from the Water Utility to the Area
<br />and Unit Charge Fund in 2011 and 2012, with repayment back to the Water
<br />Utility 2013 -2015.
<br />A detailed listing of the anticipated capital improvements to be paid from the
<br />Water Utility Fund through 2017 as well as the Area and Unit Charge Fund
<br />projections is shown on the following pages. 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.
<br />City of Lino Lakes, Minnesota. Water and Sewer Study
<br />
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