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City of Mounds View
<br />Storm Water Utility Rate Study
<br />3%3%3%3%3%3%
<br />Actual Actual Actual Budget Projected Projected Projected Projected Projected
<br />2017 2018 2019 2020 2021 2022 2023 2024 2025
<br />Expenses
<br />Personnel services 120,849 114,323 128,546 142,296 146,565 150,962 155,491 160,155 164,960
<br />Supplies & materials 17,756 19,428 15,175 200,675 206,695 212,896 219,283 225,861 232,637
<br />Contractual services 53,672 61,228 86,637 201,684 207,735 213,967 220,386 226,997 233,807
<br />Depreciation 35,344 39,016 36,566 35,000 35,000 35,000 35,000 35,000 35,000
<br />Transfers to other funds 39,832 40,067 39,309 41,558 41,815 42,079 42,351 42,351 42,351
<br />Total Expenses 267,453 274,062 306,233 621,213 637,810 654,903 672,510 690,365 708,755
<br />Revenues 0%2%8%9%8%7%7%6%0%
<br />Storm water service fee 285,814 292,431 317,034 347,100 373,800 400,500 427,200 453,900 453,900
<br />Investment income 22,208 27,352 56,980 35,112 33,948 29,046 24,239 19,518 14,279
<br />Other income 539 473 10,871 - - - - - -
<br />Transfers from vehicle fund - - - - - - - 37,000 -
<br />Total Revenues 308,561 320,256 384,885 382,212 407,748 429,546 451,439 510,418 468,179
<br />Net change in position 41,108 46,194 78,652 (239,001) (230,062) (225,357) (221,071) (179,947) (240,577)
<br />Accounting change (GASB 68 pension)- - - - - - - - -
<br />Net position - beginning of year 3,141,720 3,182,828 3,229,022 3,307,674 3,068,673 2,838,611 2,613,253 2,392,182 2,212,235
<br />Net position - end of year 3,182,828 3,229,022 3,307,674 3,068,673 2,838,611 2,613,253 2,392,182 2,212,235 1,971,658
<br />Cash Flows
<br /> Net change in position 41,108$ 46,194$ 78,652$ (239,001)$ (230,062)$ (225,357)$ (221,071)$ (179,947)$ (240,577)$
<br /> Deduct:
<br />Capital outlays - equipment - - - - - - - (37,000)
<br />Construction (70,244) - - (105,000) (50,000) (50,000) (50,000) (80,000) (50,000)
<br /> Add back:
<br />Depreciation 35,344 39,016 36,566 35,000 35,000 35,000 35,000 35,000 35,000
<br />Change in receivables/payables (8,449) (35,650) 6,492 - - - - - -
<br />Cash - begining of Year 1,837,349 1,835,108 1,884,668 2,006,378 1,697,377 1,452,315 1,211,957 975,886 713,939
<br />Cash - end of year 1,835,108$ 1,884,668$ 2,006,378$ 1,697,377$ 1,452,315$ 1,211,957$ 975,886$ 713,939$ 458,362$
<br />10%9%8%8%7%7%6%0%
<br />Quarterly residential service fee 10.00$ 11.00$ 12.00$ 13.00$ 14.00$ 15.00$ 16.00$ 17.00$ 17.00$
<br />Annual fee 40.00 44.00 48.00 52.00 56.00 60.00 64.00 68.00 68.00 18
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