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City of Mounds View
<br /> Storm Water Utility Rate Study
<br /> 5.0% 4.5% 4.5% 4.5%
<br /> Actual Actual Actual Budget Projected Projected Projected Projected
<br /> 2020 2021 2022 2023 2024 2025 2026 2027
<br /> Expenses
<br /> Personnel services $ 151,367 $ 131,696 $ 157,885 $ 178,034 $ 186,936 $ 195,348 $ 204,138 $ 213,325
<br /> Supplies&materials 19,806 30,885 30,631 25,914 27,210 28,434 29,714 31,051
<br /> Contractual services 167,778 91,772 123,089 129,426 135,897 142,013 148,403 155,081
<br /> Depreciation 35,916 33,996 34,096 35,000 35,000 35,000 35,000 35,000
<br /> Transfers to other funds 41,558 41,815 44,079 42,351 59,632 59,921 60,219 60,526
<br /> Total Expenses 416,425 330,164 389,780 410,725 444,675 460,716 477,474 494,983
<br /> Revenues 8% 8% 8% 7% 6% 6% 6% 5%
<br /> Storm water service fee 343,779 371,021 400,053 427,200 453,900 480,600 507,300 534,000
<br /> Investment income 34,677 (11,189) (109,669) 39,838 37,164 26,992 19,489 12,776
<br /> Other income - 361 10,583 - - - - -
<br /> Transfers from vehicle fund - - - - 45,000 - - 400,000
<br /> Total Revenues 378,456 360,193 300,967 467,038 536,064 507,592 526,789 946,776
<br /> CD Net change in position (37,969) 30,029 (88,813) 56,313 91,389 46,876 49,315 451,793 I
<br /> Net position-beginning of year 3,307,674 3,269,705 3,299,734 3,210,921 3,267,234 3,358,623 3,405,499 3,454,814
<br /> Net position-end of year 3,269,705 3,299,734 3,210,921 3,267,234 3,358,623 3,405,499 3,454,814 3,906,607 I
<br /> Cash Flows
<br /> Net change in position $ (37,969) $ 30,029 $ (88,813) $ 56,313 $ 91,389 $ 46,876 $ 49,315 $ 451,793
<br /> Deduct:
<br /> Capital outlays-equipment (9,857) (14,456) - - (45,000) (400,000)
<br /> Construction - - - (225,000) (590,000) (457,000) (420,000) (63,500)
<br /> Add back:
<br /> Depreciation 35,916 33,996 34,096 35,000 35,000 35,000 35,000 35,000
<br /> Change in receivables/payables 23,084 (18,921) (1,596) - - - - -
<br /> Cash-beginning of Year 2,006,378 2,017,552 2,048,200 1,991,887 1,858,200 1,349,589 974,465 638,780
<br /> Cash-end of year $ 2,017,552 $ 2,048,200 $ 1,991,887 $ 1,858,200 $ 1,349,589 $ 974,465 $ 638,780 $ 662,073
<br /> 8% 8% 7% 7% 6% 6% 6% 5%
<br /> Quarterly residential service fee $ 13.00 $ 14.00 $ 15.00 $ 16.00 $ 17.00 $ 18.00 $ 19.00 $ 20.00
<br /> Annual fee 52.00 56.00 60.00 64.00 68.00 72.00 76.00 80.00
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