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City of Mounds View
<br />Storm Water Utility Rate Study
<br />2.5%2.5%3%3%3%
<br />Actual Actual Actual Budget Projected Projected Projected Projected Projected
<br />2014 2015 2016 2017 2018 2019 2020 2021 2022
<br />Expenses
<br />Personnel services 105,941 119,187 122,298 124,358 127,467 131,291 135,230 139,287 143,465
<br />Supplies & materials 17,475 16,119 11,027 20,295 20,802 21,322 21,962 22,621 23,300
<br />Contractual services 74,661 21,013 25,474 154,140 157,994 161,943 166,802 171,806 176,960
<br />Depreciation 32,503 44,623 35,353 32,000 44,000 44,000 44,000 44,000 44,000
<br />Transfers to other funds 98,168 153,383 114,604 39,832 39,067 39,310 39,310 39,310 39,310
<br />Total Expenses 328,748 354,325 308,756 370,625 389,330 397,867 407,303 417,023 427,035
<br />Revenues 0%0%0%0%9%9%8%8%7%
<br />Storm water service fee 278,359 266,092 264,488 270,000 293,700 320,400 347,100 373,800 400,500
<br />Investment income 85,811 18,137 18,216 15,000 19,223 24,965 28,767 32,888 33,321
<br />Transfers from vehicle fund - 210,000 - - - - - - -
<br />Total Revenues 364,170 494,229 282,704 285,000 312,923 345,365 375,867 406,688 433,821
<br />Net change in position 35,422 139,904 (26,052) (85,625) (76,407) (52,502) (31,437) (10,336) 6,786
<br />Accounting change (GASB 68 pension)- (63,473) - - - - - - -
<br />Net position - beginning of year 3,055,919 3,091,341 3,167,772 3,141,720 3,056,095 2,979,688 2,927,186 2,895,750 2,885,414
<br />Net position - end of year 3,091,341 3,167,772 3,141,720 3,056,095 2,979,688 2,927,186 2,895,750 2,885,414 2,892,200
<br />Cash Flows
<br /> Net change in position 35,422$ 139,904$ (26,052)$ (85,625)$ (76,407)$ (52,502)$ (31,437)$ (10,336)$ 6,786$
<br /> Deduct:
<br />Capital outlays - equipment (12,000) (211,679) (12,827) - - - - - -
<br />Construction - - - (75,000) - - - - -
<br /> Add back:
<br />Depreciation 32,503 44,623 35,353 32,000 32,000 32,000 32,000 32,000 32,000
<br />Change in receivables/payables 175 8,863 18,764 - - - - - -
<br />Cash - begining of Year 1,784,300 1,840,400 1,822,111 1,837,349 1,708,724 1,664,317 1,643,815 1,644,379 1,666,043
<br />Cash - end of year 1,840,400$ 1,822,111$ 1,837,349$ 1,708,724$ 1,664,317$ 1,643,815$ 1,644,379$ 1,666,043$ 1,704,829$
<br />10%9%8%8%7%
<br />Quarterly residential service fee 10.00$ 10.00$ 10.00$ 10.00$ 11.00$ 12.00$ 13.00$ 14.00$ 15.00$
<br />Annual fee 40.00 40.00 40.00 40.00 44.00 48.00 52.00 56.00 60.00 21
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