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CITY OF MOUNDS VIEW <br />STREET LIGHT UTILITY <br />PROJECTED INCOME STATEMENT <br />User Fees (monthly) <br />Attachment A <br />Residential $0.95 per unit <br />Apartments $4.20 per acre <br />Comm./Ind. $4.75 per acre <br />Inst./Char. $4.75 per acre <br />Revenue Actual 1992 <br />--------- <br />Projected 1993 <br />--------- <br />Projected 1994 <br />--------- <br />Projected 1995 <br />--------- <br />Projected 1996 <br />------ <br />Projected 1997 <br />Projected 199( <br />Residential (3139 units) 45,578 <br />I 45,578 j <br />35,785 I <br />35,785 I <br />35,785 j <br />35,785 I <br />35,785 <br />Apartments (62 acres) 3,586 <br />j 3,586 I <br />3,125 I <br />3,125 j <br />3,125 j <br />3,125 j <br />3,125 <br />Comm./Ind. (286 acres) 18,807 <br />j 18.807 j <br />16,302 j <br />16,302 j <br />16,302 j <br />16,302 j <br />16,302 <br />Inst./Char. (71 acres) 4.669 <br />I 4,669 j <br />4,047 j <br />4.047 j <br />I--------- <br />4,1147 j <br />4,047 j <br />4,047 <br />--------- <br />Total Revenue 72,641 <br />I I--------- <br />I 72,641 j <br />I--------- <br />59,258 j <br />59,258 j <br />i--------- <br />59,258 <br />i--------- <br />59,258 <br />59,258 <br />Expenses Actual 1992 <br />Projected 1993 <br />---------- <br />Projected 1994 <br />---------- <br />Projected 1995 <br />---------- <br />Projected 1996 <br />---------- <br />Projected 1997 <br />------- . <br />Projected 1991 <br />Electricity 40,861 <br />j 47,370 j <br />47,470 I <br />50,008 j <br />52,546 j <br />55,084 j <br />57,622 <br />Installations (15/yr) 772 <br />I 1,440 j <br />7,500 I <br />7,725 j <br />7,957 j <br />8,195 j <br />8,441 <br />Maint./Repairs 2,295 <br />I 1.100 j <br />2,500 j <br />2,575 j <br />2,652 j <br />2,732 j <br />2,814 <br />Administration 0 <br />1 0 1 <br />2,317 I <br />2,387 I <br />2,458 I <br />I--------- <br />2,532 j <br />I--------- <br />2,608 <br />Total Expenses 43,928 <br />II--------- <br />I 49.910 I <br />I--------- <br />59.787 I <br />I--------- <br />62,695 j <br />65,613 <br />68,543 I <br />71,485 <br />Net Gain/Loss 28.713 <br />22,731 <br />(529) <br />(3,436) <br />(6,355) <br />(9,285) <br />(12,226) <br />Fund Balance 28,713 <br />51.443 <br />50,915 <br />47,479 <br />41,124 <br />31,839 <br />19,613 <br />Reserve amount recommend- 15,375 <br />17.469 <br />20,925 <br />21,943 <br />22.965 <br />23,990 <br />25,020 <br />for cash flow and contingency <br />(35%ef operating expenses) <br />