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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 />2018 2019 2020 2021 2022 2023 2024 2025 2026
<br />Expenses
<br />Personnel services 114,323 128,546 151,367 151,336 155,876 160,552 165,369 170,330 175,440
<br />Supplies & materials 19,428 15,175 19,806 24,765 25,508 26,273 27,061 27,873 28,709
<br />Contractual services 61,228 86,637 167,778 143,684 147,995 152,434 157,007 161,718 166,569
<br />Depreciation 39,016 36,566 35,916 35,000 35,000 35,000 35,000 35,000 35,000
<br />Transfers to other funds 40,067 39,309 41,558 41,815 42,079 42,351 42,351 42,351 42,351
<br />Total Expenses 274,062 306,233 416,425 396,600 406,458 416,611 426,789 437,272 448,069
<br />Revenues 2%8%8%-6%25%7%6%0%0%
<br />Storm water service fee 292,431 317,034 343,779 321,500 400,500 427,200 453,900 453,900 453,900
<br />Investment income 27,352 56,980 34,677 16,000 38,069 38,411 39,091 39,515 40,338
<br />Other income 473 10,871 - - - - - - -
<br />Transfers from vehicle fund - - - - - - 37,000 - -
<br />Total Revenues 320,256 384,885 378,456 337,500 438,569 465,611 529,991 493,415 494,238
<br />Net change in position 46,194 78,652 (37,969) (59,100) 32,111 49,000 103,203 56,143 46,169
<br />Net position - beginning of year 3,182,828 3,229,022 3,307,674 3,269,705 3,210,605 3,242,717 3,291,717 3,394,920 3,451,063
<br />Net position - end of year 3,229,022 3,307,674 3,269,705 3,210,605 3,242,717 3,291,717 3,394,920 3,451,063 3,497,232
<br />Cash Flows
<br />Net change in position 46,194$ 78,652$ (37,969)$ (59,100)$ 32,111$ 49,000$ 103,203$ 56,143$ 46,169$
<br />Deduct:
<br />Capital outlays - equipment - - (9,857) (15,000) - - (37,000)
<br />Construction - - - (75,000) (50,000) (50,000) (80,000) (50,000) (50,000)
<br />Add back:
<br />Depreciation 39,016 36,566 35,916 35,000 35,000 35,000 35,000 35,000 35,000
<br />Change in receivables/payables (35,650) 6,492 23,084 - - - - - -
<br />Cash - begining of Year 1,835,108 1,884,668 2,006,378 2,017,552 1,903,452 1,920,564 1,954,564 1,975,767 2,016,910
<br />Cash - end of year 1,884,668$ 2,006,378$ 2,017,552$ 1,903,452$ 1,920,564$ 1,954,564$ 1,975,767$ 2,016,910$ 2,048,079$
<br />10%9%8%8%7%7%6%0%0%
<br />Quarterly residential service fee 11.00$ 12.00$ 13.00$ 14.00$ 15.00$ 16.00$ 17.00$ 17.00$ 17.00$
<br />Annual fee 44.00 48.00 52.00 56.00 60.00 64.00 68.00 68.00 68.00
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