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#02 - Utility Financial Management Plan Updates
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#02 - Utility Financial Management Plan Updates
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8/4/2025 4:30:44 PM
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Year 1 – 50% / Consecutive Years – 3% <br /> <br />The “10% for 10 years” model seemed the most palatable and easy to adjust to changing development <br />trends, so we used that assumption for both sewer and water fund modeling and all charts in the attached <br />Appendices. Appendix E has all of the Sewer Fund reports and charts. <br /> <br />Water Fund <br /> <br />Using a similar analysis as the Sewer Fund, we set goals of maintaining $ 7 – 10 million in the fund and <br />minimizing debt issuance. For the sake of this model, we took a cautious approach and assumed no <br />MPCA funding for treatment plant operations and maintenance (O & M). <br /> <br />This first table shows cash balances with a standard 3% increase each year for 10 years. If we are indeed <br />responsible for the new expenses of the treatment plants, this is clearly not a sustainable option. <br /> <br />3% for 10 years <br />
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