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City of Mounds View
<br />Storm Water Utility Rate Study
<br />3%3%3%3%3%
<br />Actual Actual Actual Budget Projected Projected Projected Projected Projected
<br />2016 2017 2018 2019 2020 2021 2022 2023 2024
<br />Expenses
<br />Personnel services 122,298 120,849 114,323 115,283 118,741 122,304 125,973 129,752 133,645
<br />Supplies & materials 11,027 17,756 19,428 10,487 10,802 11,126 11,459 11,803 12,157
<br />Contractual services 25,474 53,672 61,228 137,404 141,526 145,772 150,145 154,649 159,289
<br />Depreciation 35,353 35,344 39,016 35,000 35,000 35,000 35,000 35,000 35,000
<br />Transfers to other funds 114,604 39,832 40,067 39,309 41,558 41,815 42,079 42,351 42,351
<br />Total Expenses 308,756 267,453 274,062 337,483 347,627 356,016 364,656 373,556 382,442
<br />Revenues 0%0%2%-2%21%8%7%7%6%
<br />Storm water service fee 264,488 285,814 292,431 286,500 347,100 373,800 400,500 427,200 453,900
<br />Investment income 18,216 22,208 27,352 16,000 31,144 35,106 35,864 36,998 38,511
<br />Other income - 539 473 - - - - - -
<br />Transfers from vehicle fund - - - - - - - - 37,000
<br />Total Revenues 282,704 308,561 320,256 302,500 378,244 408,906 436,364 464,198 529,411
<br />Net change in position (26,052) 41,108 46,194 (34,983) 30,617 52,890 71,708 90,642 146,969
<br />Accounting change (GASB 68 pension)- - - - - - - - -
<br />Net position - beginning of year 3,167,772 3,141,720 3,182,828 3,229,022 3,194,039 3,224,656 3,277,546 3,349,254 3,439,896
<br />Net position - end of year 3,141,720 3,182,828 3,229,022 3,194,039 3,224,656 3,277,546 3,349,254 3,439,896 3,586,865
<br />Cash Flows
<br /> Net change in position (26,052)$ 41,108$ 46,194$ (34,983)$ 30,617$ 52,890$ 71,708$ 90,642$ 146,969$
<br /> Deduct:
<br />Capital outlays - equipment (12,827) - - (30,000) - - - - (37,000)
<br />Construction - (70,244) - (75,000) (90,000) (50,000) (50,000) (50,000) (80,000)
<br /> Add back:
<br />Depreciation 35,353 35,344 39,016 35,000 35,000 35,000 35,000 35,000 35,000
<br />Change in receivables/payables 18,764 (8,449) (35,650) - - - - - -
<br />Cash - begining of Year 1,822,111 1,837,349 1,835,108 1,884,668 1,779,685 1,755,302 1,793,192 1,849,900 1,925,542
<br />Cash - end of year 1,837,349$ 1,835,108$ 1,884,668$ 1,779,685$ 1,755,302$ 1,793,192$ 1,849,900$ 1,925,542$ 1,990,511$
<br />10%9%8%8%7%7%6%
<br />Quarterly residential service fee 10.00$ 10.00$ 11.00$ 12.00$ 13.00$ 14.00$ 15.00$ 16.00$ 17.00$
<br />Annual fee 40.00 40.00 44.00 48.00 52.00 56.00 60.00 64.00 68.00 20
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