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City of Mounds ViewSewer Utility 2010 Rate Study1.96% 3%3%3%3%ActualActualActual Budget Projected Projected Projected Projected Projected2007 2008 2009 2010 2011 2012 2013 2014 2015ExpensePersonnel services 237,048$ 219,075$ 248,314$ 278,963$ 280,358$ 288,769$ 297,432$ 306,355$ 315,545$ Supplies & materials 19,793 13,126 15,421 21,463 22,107 22,770 23,453 24,157 24,881 Contractual services 62,738 96,484 62,134 252,371 259,942 67,895 69,932 72,030 74,191 MCES disposal charges 637,078 696,031 733,120 776,845 800,150 824,155 848,880 874,346 900,576 Depreciation 153,063 153,931 157,989 165,000 165,000 165,000 165,000 165,000 165,000 Transfers to other funds 80,688 142,030 233,411 244,833 246,297 247,806 249,360 250,962 252,611 Contingency- - - 15,000 15,000 15,000 15,000 15,000 15,000 Total Expenses1,190,408 1,320,677 1,450,389 1,754,475 1,788,854 1,631,395 1,669,056 1,707,849 1,747,805 Revenues6.00% 6.00% 6.00% 6.00% 6.00%Sanitary sewer service 1,038,677 1,113,907 1,150,058 1,138,145 1,209,106 1,281,652 1,358,551 1,440,064 1,526,468 Contractual wastewater30,391 12,891 74 - - - - - - Service availability charges (3,251) 7,405 (15,480) 4,000 4,000 4,120 4,120 4,120 4,120 Investment income 187,916 149,549 77,662 72,500 75,778 80,893 77,911 76,016 75,346 Miscellaneous revenues 579 1,789 2,125 300 300 309 318 328 338 Capital contributions - - 42,475 - - - - - - Transfers from vehicle fund - - - - 380,000 - - - - Total Revenues1,254,312 1,285,541 1,256,914 1,214,945 1,669,183 1,366,974 1,440,900 1,520,528 1,606,272 Net Income63,904 (35,136) (193,475) (539,530) (119,671) (264,420) (228,156) (187,321) (141,533) Net assets - beginning of year5,685,273 5,749,177 5,714,041 5,714,041 5,174,511 5,054,840 4,790,420 4,562,264 4,374,943 Net assets - end of year5,749,177 5,714,041 5,520,566 5,174,511 5,054,840 4,790,420 4,562,264 4,374,943 4,233,410 Cash FlowsNet Income63,904 (35,136) (193,475) (539,530) (119,671) (264,420) (228,156) (187,321) (141,533) Deduct:Capital outlays - equipment (37,455) (4,758) (42,475) (25,000) (380,000) - - - - Construction - - - - - - - - - Add back:Depreciation 153,063 153,931 157,989 165,000 165,000 165,000 165,000 165,000 165,000 Change in receivables/payables27,514 (48,527) (74,456) - - - - - - Cash - Beginning of Year3,158,110 3,365,136 3,430,646 3,430,646 3,031,116 2,696,445 2,597,025 2,533,869 2,511,548 Cash - End of Year3,365,136$ 3,430,646$ 3,278,229$ 3,031,116$ 2,696,445$ 2,597,025$ 2,533,869$ 2,511,548$ 2,535,015$ Residential equivalent connection rate47.00$ 53.00$ 54.06$ 55.14$ 58.45$ 61.96$ 65.67$ 69.61$ 73.79$ Residential fixed rate21.58 21.58 22.01 22.45 23.80 25.23 26.74 28.34 30.04 Residential variable rate1.72 1.72 1.75 1.79 1.90 2.01 2.13 2.26 2.39 Annual based on 20,000 gal. per quarter223.92 223.92 228.04 232.96 246.94 261.76 277.46 294.11 311.75 MCES Rate increase -0.20% 9.25% 5.33% 5.96% 3.00% 3.00% 3.00% 3.00% 3.00%
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