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Alternative Funding Options
<br />The City Council may wish to consider the following funding options were the storm water related costs for
<br />the street reconstruction projects are funded by a combination of the Storm Water Utility and the General
<br />Fund and /or Assessments.
<br />75 % SWU Funded Scenario:
<br />If the storm water related costs of the forecasted average street reconstruction costs were paid 75% by the
<br />Storm Water Utility the rate for the SWU would be $3.75 per REU /month.
<br />City of Lino Lakes
<br />Estimated Storm Water Utility Budget
<br />2/15/2006
<br />2007 2008 2009 2010 2011
<br />Sweeping/Cleaning /Repairs 85,000 90,000 95,000 100,000 105,000
<br />Equipment (1) 42,500 44,625 46,856 49,199 51,659
<br />Personnel - 1.5 GMW 95,000 99,750 104,738 109,974 115,473
<br />SWM Projects 50,000 51,500 53,045 54,636 56,275
<br />Pipe Inspections /maint 50,000 51,500 53,045 54,636 56,275
<br />Ditch & Pond Cleaning 50,000 51,500 53,045 54,636 56,275
<br />Street Reconstruction 75% SWU Funded 393,750.00 405,562.50 417,729.38 430,261.26 443,169.09
<br />NPDES Requirements 25,000 25,000 25,000 25,000 25,000
<br />Total Budget 791,250 819,438 848,458 878,344 909,128
<br />Average 849,323
<br />1) Equipment Needs
<br />Sweeper 135,000
<br />JetterNac - 1/2 of cost 140,000
<br />Single Axle Dump 150,000
<br />425,000
<br />Estimated 10 service life /10
<br />Annualized cost 42,500
<br />Storm Sever portion of Street Reconstruction per PMP
<br />525,000 540,750 556,973 573,682 590,892
<br />Lino hakes SWII Revenue Forecast
<br />Land Use
<br />Surface
<br />Area
<br />(cc)
<br />Total
<br />Utility 8 Monthly Revenue Credit Credit
<br />88
<br />Address Charge (monthly) Assumption F..sti m ate
<br />Factor
<br />Revenue
<br />Factor
<br />(per acre)
<br />Curve Runoff Runoff
<br />Runoff Retention Depth Vol.
<br />Index (inches) (inches) (a. -ft)
<br />(('N)
<br />(S)
<br />(Q)
<br />(QA)
<br />RLsidential
<br />7576
<br />1.00
<br />6940
<br />53.75
<br />526,025
<br />NA
<br />$0
<br />515.00
<br />70
<br />4.29
<br />0.24
<br />152
<br />Hid Density18
<br />Residential
<br />3.30
<br />Per Acre
<br />$892
<br />20%
<br />$178
<br />549.57
<br />85
<br />1.76
<br />0.80
<br />1
<br />Commercial
<br />402
<br />5.14
<br />Per Acre
<br />531,003
<br />40%
<br />512,401
<br />$77.12
<br />92
<br />0.87
<br />1.24
<br />41
<br />Industrial
<br />209
<br />4.01
<br />Per Acre
<br />512,577
<br />25%
<br />53,144
<br />560.18
<br />88
<br />1.36
<br />0.97
<br />17
<br />lnstinxional
<br />554
<br />4.01
<br />Per Acre
<br />533.338
<br />50%
<br />$16.669
<br />.$60.18
<br />88
<br />1.36
<br />0.97
<br />45
<br />Agricultural, Vacant
<br />E X E M P T
<br />Road Right -of -Way
<br />EXEMPT
<br />Urban Transitional
<br />EXEMP T
<br />Open Water
<br />EXEMPT
<br />Total
<br />8,759 I 1 1 1 x 103,830 I I $32,393 I 1 I 206
<br />Inputs:
<br />IRU
<br />Rainfall
<br />(ERU)
<br />Residential
<br />Lot Size
<br />53.75
<br />2.0
<br />/mo
<br />inch
<br />0.25 acre
<br />Gross Est. Credits Net
<br />Annual Revenue 1$1,246,l7 1 5388,712 I 5857,304
<br />Feasibility Study
<br />City of Lino Lakes, Minnesota
<br />A- LINOL0602.00
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