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2010-12-22 CC Packet
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2010-12-22 CC Packet
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12/17/2010 12:11:48 PM
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-$195,900. Other expenditures include personnel time maintaining the sewer lift stations/utility <br /> billing system and depreciation on existing infrastructure. Sewer fund expenditures are budgeted <br /> at $441,700 for 2011 of which $119,000 is depreciation. <br /> Storm Fund Rates <br /> The 2011 storm water rates propose an increase of from 7.50 per quarter to 9.50 per <br /> quarter for residential and remain the same for commercial. <br /> Storm 2010 2011 - Proposed <br /> Residential - Fixed Charge 7.50 per quarter 9.50 per quarter <br /> Commercial - Fixed Charge 0.00334 per square foot 0.00334 per square foot <br /> Storm Fund Revenue: These storm water rates are projected to produce revenues of <br /> $74,000—an $12,000 increase from the prior year. Other miscellaneous revenues in this <br /> classification are budgeted at $9,000, which provides a total revenue budget of $83,000. <br /> Storm Fund Expenditures: Expenditures in this classification include personnel time <br /> maintaining the storm sewers, pond dredging, permanent transfer to debt service, depreciation on <br /> existing infrastructure and other miscellaneous items. Expenditures in this classification are <br /> budgeted at $199,300 for 2011 of which $28,000 is depreciation. Again, $99,500 of that total is I <br /> for transfer to debt service which will be replaced in 2012 with a$23,000 interfund loan payment. ; <br /> 37 <br />
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