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City of Mounds View
<br />Street Light Utility 2016 Rate Study
<br />2.5%2.5%3%3%3%
<br />Actual Actual Actual Budget Projected Projected Projected Projected Projected
<br />2013 2014 2015 2016 2017 2018 2019 2020 2021
<br />Expenses
<br />Personnel services 3,598$ 3,769$ 11,015$ 8,460$ 8,672$ 8,888$ 9,155$ 9,430$ 9,712$
<br />Supplies & materials - - - 1,000 1,025 1,051 1,082 1,115 1,148
<br />Contractual services 92,976 64,999 169,213 81,900 83,948 86,046 88,628 91,286 94,025
<br />Lease debt service - - 2,335 9,556 9,555 9,555 9,555 9,555 9,555
<br />Transfer to other funds 2,390 2,462 2,536 2,612 2,690 2,771 2,854 2,939 3,028
<br />Total Expenses 98,964 71,230 185,099 103,528 105,889 108,311 111,273 114,325 117,468
<br />Revenues
<br />Street light service fee 82,625 88,052 91,563 97,790 104,412 104,412 110,213 116,014 116,014
<br />Investment income (charges)(3,218) 5,251 1,250 1,300 1,748 1,681 2,291 2,316 2,396
<br />Total Revenues 79,407 93,303 92,813 99,090 106,160 106,093 112,504 118,330 118,410
<br />Net change in position (19,557) 22,073 (92,286) (4,438) 271 (2,217) 1,231 4,005 942
<br />Net position - begining of year 134,906 115,349 137,422 45,136 40,698 40,969 38,752 39,983 43,987
<br />Net position - end of year 115,349$ 137,422$ 45,136$ 40,698$ 40,969$ 38,752$ 39,983$ 43,987$ 44,929$
<br />Cash flows
<br />Net change in position (19,557)$ 22,073$ (92,286)$ (4,438)$ 271$ (2,217)$ 1,231$ 4,005$ 942$
<br /> Add back:
<br />Change in receivables/payables (8,827) 5,408 87,454 - - - - - -
<br />Cash - Beginning of Year 122,252 93,868 121,349 116,517 116,517 116,788 114,571 115,802 119,806
<br />Cash - End of Year 93,868$ 121,349$ 116,517$ 112,079$ 116,788$ 114,571$ 115,802$ 119,806$ 120,748$
<br />7.69%7.14%6.67%6.25%6.25%0.00%5.56%5.26%0.00%
<br />Quarterly residential service fee 3.50$ 3.75$ 4.00$ 4.25$ 4.50$ 4.50$ 4.75$ 5.00$ 5.00$
<br />Annual fee 14.00$ 15.00$ 16.00$ 17.00$ 18.00$ 18.00$ 19.00$ 20.00$ 20.00$ 19
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