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City of Mounds View
<br />Storm Water 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 88,692 105,941 119,187 125,566 128,705 131,923 135,880 139,957 144,156
<br />Supplies & materials 16,324 17,475 16,119 24,050 24,651 25,268 26,026 26,806 27,611
<br />Contractual services 22,159 74,661 21,013 126,359 79,518 81,506 83,951 86,470 89,064
<br />Depreciation 30,707 32,503 44,623 32,000 44,000 44,000 44,000 44,000 44,000
<br />Transfers to other funds 62,959 98,168 153,383 114,604 23,832 24,067 24,310 24,310 24,310
<br />Total Expenses 220,841 328,748 354,325 422,579 300,706 306,763 314,167 321,543 329,140
<br />Revenues 0%0%0%0%0%10%9%9%9%
<br />Storm water service fee 268,587 278,359 266,092 270,000 267,000 293,700 320,133 348,945 380,350
<br />Investment income (51,529) 85,811 18,137 15,000 32,516 31,372 48,928 51,895 55,593
<br />Transfers from vehicle fund - - 210,000 - - - - - -
<br />Total Revenues 217,058 364,170 494,229 285,000 299,516 325,072 369,061 400,840 435,944
<br />Net change in position (3,783) 35,422 139,904 (137,579) (1,190) 18,309 54,894 79,297 106,804
<br />Accounting change (GASB 68 pension)(63,473)
<br />Net position - beginning of year 3,059,702 3,055,919 3,091,341 3,167,772 3,030,193 3,029,003 3,047,312 3,102,206 3,181,502
<br />Net position - end of year 3,055,919 3,091,341 3,167,772 3,030,193 3,029,003 3,047,312 3,102,206 3,181,502 3,288,306
<br />Cash Flows
<br /> Net change in position (3,783)$ 35,422$ 139,904$ (137,579)$ (1,190)$ 18,309$ 54,894$ 79,297$ 106,804$
<br /> Deduct:
<br />Capital outlays - equipment - (12,000) (211,679) (15,725) - - - - -
<br />Construction - - - (75,000) (100,000) - - - -
<br /> Add back:
<br />Depreciation 30,707 32,503 44,623 32,000 44,000 44,000 44,000 44,000 44,000
<br />Change in receivables/payables (2,445) 175 8,863 - - - - - -
<br />Cash - begining of Year 1,759,821 1,784,300 1,840,400 1,822,111 1,625,807 1,568,617 1,630,926 1,729,820 1,853,116
<br />Cash - end of year 1,784,300$ 1,840,400$ 1,822,111$ 1,625,807$ 1,568,617$ 1,630,926$ 1,729,820$ 1,853,116$ 2,003,920$
<br />10%9%8%8%
<br />Quarterly residential service fee 10.00$ 10.00$ 10.00$ 10.00$ 10.00$ 11.00$ 12.00$ 13.00$ 14.00$
<br />Annual fee 40.00 40.00 40.00 40.00 40.00 44.00 48.00 52.00 56.00 20
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