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City of Mounds ViewStreet Light Utility 2009 Rate Study0% 3% 3% 3% 3%ActualActualActual Budget Projected Projected Projected Projected Projected2006 2007 2008 2009 2010 2011 2012 2013 2014ExpensesPersonnel services 3,270$ 3,254$ 3,473$ 3,718$ 3,737$ 3,755$ 3,868$ 3,984$ 4,103$ Contractual services 52,907 63,982 66,862 65,900 65,900 67,877 69,913 72,011 74,171 Transfer to other funds - 2,000 2,060 2,122 2,186 2,251 2,319 2,388 2,460 Total Expenses56,177 69,236 72,395 71,740 71,822 73,884 76,100 78,383 80,734 RevenuesStreet light service fee 75,480 75,619 77,865 72,000 73,262 73,262 73,262 73,262 76,643 Investment income 4,697 7,399 6,222 2,000 2,719 4,204 4,311 4,356 4,333 Miscellaneous revenues 381 - - - - - - - Transfers from other funds - - - - - - - - Total Revenues80,559 83,018 84,087 74,000 75,981 77,465 77,573 77,617 80,975 Net Income 24,381 13,782 11,692 2,260 4,159 3,582 1,473 (766) 241 Net assets - begining of year 109,380 133,761 147,543 159,235 161,495 165,654 169,236 170,709 169,943 Net assets - end of year133,761$ 147,543$ 159,235$ 161,495$ 165,654$ 169,236$ 170,709$ 169,943$ 170,184$ Cash flows Net Income24,381$ 13,782$ 11,692$ 2,260$ 4,159$ 3,582$ 1,473$ (766)$ 241$ Deduct:Capital outlays - equipment - - - - - - - - Add back:Change in receivables/payables(3,394) 3,614 (726) - - - - - - Cash - Beginning of Year95,331 116,318 133,714 133,714 135,974 140,133 143,715 145,188 144,422 Cash - End of Year116,318$ 133,714$ 144,680$ 135,974$ 140,133$ 143,715$ 145,188$ 144,422$ 144,663$ Quarterly residential service fee3.25$ 3.25$ 3.25$ 3.25$ 3.25$ 3.25$ 3.25$ 3.25$ 3.40$ Annual fee13.00$ 13.00$ 13.00$ 13.00$ 13.00$ 13.00$ 13.00$ 13.00$ 13.60$ 20
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