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City Council Agenda and Packet 2018 08 02 SP BUDGET
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City Council Agenda and Packet 2018 08 02 SP BUDGET
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3/11/2021 2:12:28 PM
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City Council Records
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City Council Packet
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CCAGPKT 2018 08 02 SP BUDGET
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Option A - CIPs v-1 (First sumbittal of 2019-2024 CIPs ^' Feb. '18) <br />Option B - CIPs v-2 (3 CIPs moved to later years: Lateral '19 to '22, McKay '21 to '27 and Marshall Pipeline '21 to '27 - May. '18) <br />Option C - Bonding (20 yr financing of $4.5M for the CIPs moved in Option B ^' May. '18) <br />THOUSANDS <br />$10,000 <br />$9,000 <br />$8,000 <br />$7,000 <br />$6,000 <br />$5,000 <br />$4,000 <br />$3,000 <br />$2,000 <br />$1,000 <br />$- <br />Water Ending Cash Reserves <br />Baseline Revised - Tap Fees A - CIPs v-1 B - CIPs v-2 C - Bonding ,iTarget Cash Reserves <br />11111111111111111111111111 <br />2018 <br />111111111111111111111111111111111111111111111111111111 <br />2019 <br />1111111111111111111111111111111111111111111111111111111 <br />2020 <br />2021 <br />2022 <br />2023 <br />2024 <br />2025 <br />2026 <br />2027 <br />2028 <br />2019 <br />2020 <br />2021 <br />2022 <br />2023 <br />2024 <br />2025 <br />2026 <br />2027 <br />2028 <br />Cumm.TOTAL <br />Option A - CIPs v-1 <br />Rate Change <br />4.5% <br />4.5% <br />4.5% <br />4.5% <br />4.5% <br />4.5% <br />0.0% <br />0.0% <br />0.0% <br />0.0% <br />30.2% <br />Avg. Yearly Change <br />$ 23.85 <br />$ 24.75 <br />$ 25.89 <br />$ 26.79 <br />$ 27.93 <br />$ 29.49 <br />$ - <br />$ - <br />$ - <br />$ - <br />$ 6,408.88 <br />Option B - CIPs v-2 <br />Rate Change <br />3.5% <br />3.5% <br />3.5% <br />3.5% <br />3.5% <br />3.5% <br />3.5% <br />3.0% <br />0.0% <br />0.0% <br />31.0% <br />Avg. Yearly Change <br />$ 18.86 <br />$ 18.56 <br />$ 19.88 <br />$ 20.24 <br />$ 21.02 <br />$ 21.92 <br />$ 22.28 <br />$ 20.00 <br />$ - <br />$ - <br />$ 6,279.32 <br />Option C - Bonding / Baseline <br />Rate Change <br />3.0% <br />3.0% <br />3.0% <br />3.0% <br />3.0% <br />3.0% <br />0.0% <br />0.0% <br />0.0% <br />0.0% <br />19.4% <br />Avg. Yearly Change <br />$ 16.04 <br />$ 16.28 <br />$ 16.52 <br />$ 17.18 <br />$ 17.96 <br />$ 18.20 <br />$ - <br />$ - <br />$ - <br />$ - <br />$ 5,996.06 <br />5.0% <br />4.5% <br />4.0% <br />3.5% <br />3.0% <br />z 2.5% <br />2.0% <br />1.5% <br />1.0% <br />0.5% <br />0.0% <br />2018 <br />• Baseline <br />2019 <br />Water Rates Changes and Avg Monthly Bills <br />2020 <br />Revised - Tap Fees ■A - CIPs V-1 <br />2021 <br />2022 <br />2023 <br />2024 <br />■B -CIPs v-2 ■C- Bonding <br />2025 <br />2026 <br />2027 <br />- $60.0 <br />-B- $58.0 <br />2028 <br />$56.0 <br />$54.0 <br />$52.0 <br />$50.0 <br />$48.0 <br />$46.0 <br />$44.0 <br />$42.0 <br />$40.0 <br />AVG MONTHLY BILL (LINES) <br />
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