|
City of Mounds View
<br />Street Light Utility 2012 Rate Study
<br />2%3%3%3%3%
<br />Actual Actual Actual Budget Projected Projected Projected Projected Projected
<br />2009 2010 2011 2012 2013 2014 2015 2016 2017
<br />Expenses
<br />Personnel services 3,654$ 3,538$ 3,606$ 3,661$ 3,734$ 3,846$ 3,962$ 4,080$ 4,203$
<br />Contractual services 76,045 76,496 84,874 76,900 78,438 80,791 83,215 85,711 88,283
<br />Transfer to other funds 2,122 2,186 2,252 2,320 2,366 2,437 2,511 2,586 2,663
<br />Total Expenses 81,821 82,220 90,732 82,881 84,539 87,075 89,687 92,378 95,149
<br />Revenues 0%6.55%7.14%0.00%0.00%6.67%
<br />Street light service fee 77,208 76,261 76,128 75,500 80,444 86,190 86,190 86,190 91,936
<br />Investment income 3,318 2,091 2,678 2,000 1,875 1,842 2,475 3,682 3,606
<br />Miscellaneous revenues - - - - - - - - -
<br />Transfers from other funds - - - - - - - - -
<br />Total Revenues 80,526 78,352 78,806 77,500 82,319 88,032 88,665 89,872 95,542
<br />Net Income (1,295) (3,868) (11,926) (5,381) (2,220) 957 (1,022) (2,506) 393
<br />Net assets - begining of year 159,235 157,940 154,072 142,146 136,765 134,546 135,503 134,481 131,974
<br />Net assets - end of year 157,940$ 154,072$ 142,146$ 136,765$ 134,546$ 135,503$ 134,481$ 131,974$ 132,368$
<br />Cash flows
<br /> Net Income (1,295)$ (3,868)$ (11,926)$ (5,381)$ (2,220)$ 957$ (1,022)$ (2,506)$ 393$
<br /> Add back:
<br />Change in receivables/payables 475 913 1,404 - - - - - -
<br />Cash - Beginning of Year 144,680 143,860 140,905 130,383 125,002 122,783 123,740 122,718 120,211
<br />Cash - End of Year 143,860$ 140,905$ 130,383$ 125,002$ 122,783$ 123,740$ 122,718$ 120,211$ 120,605$
<br />Quarterly residential service fee 3.25$ 3.25$ 3.25$ 3.25$ 3.50$ 3.75$ 3.75$ 3.75$ 4.00$
<br />Annual fee 13.00$ 13.00$ 13.00$ 13.00$ 14.00$ 15.00$ 15.00$ 15.00$ 16.00$ 19
|