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YII IIII staiipltp <br />10 <br />To: Centerville City Council From: Mark Stat <br />'1880 Main St 233.5 Highway wa yP 3 'West <br />Centerville, MN 5,503 St. IPaul, Minnesota 55113 <br />File:: City of Centerville -- General Date: February 2 , 2.017 <br />Enginee61rg <br />of mnrmlrn: 2017 Storm Water OFinauowlud Pinally 1 <br />At the direction of the City Council, we have performed a brief analysis of the city's Ston -n Water <br />Fund. In reviewing the annual budget, we focused on the amount being set aside for depreciation, <br />pond dredging and other capital outlay. We did not review other budgetary line items such as <br />wages, benefits and other department expenses. <br />Current BuiliJigiet <br />budgeted for capital projects. Below is a summary of the previous budgets <br />Yeah Pei° rruu.,iu ;r F:': urrs: liiffeii, eirice <br />2014 $97,538 $103,828($6,290) <br />2015 $105,167 <br />r1i $104,000 <br />2017* $106,000" <br />*Budgeted figures <br />$21,919 <br />$108,200 ($4,200) <br />$106,000 ($0) <br />Clearly, an increase of this magnitude is not economically viable in one year, or even over the <br />course at a few short years. Our recommendation ,,endeavor to raise the storm water <br />utility rates incrementally, e reviewing the city's policy on funding depreclafion in their <br />mg xwmmmiiwa!�Tz, <br />11 eAn urm a HI cKrnmAir4tv In intind <br />%tonn tm otL,l!:ar Fund d of nct yMi (.?�.dnenx <br />r <br />