2010-09-08 CC Packet - Laserfiche WebLink

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maintenance. The Debt service prinopm0nterost payments and fiscal agent fees are budgeted at $88O500 for 2O11. UtDityFund BudqetSummerK The City of Centerville utilizes e fund accounting system that isolates revenue and expenditures for each of its water, sewer and storm operations. To that end, each fund is supported through a sat of user fees that are analyzed on an annual basis to ensure the proper set of reserves are maintained in order to meet on going cash flow needs and to replace existing infrastructure aait becomes depreciated. Water Fund Rates The typical water customer can be classified into two different categories—residential and commercial each with afixad and ur variable component tothe cost structure. There are currently 1,286 residential (1,007 hooked on to water) and 74 commercial (43 hooked onto water) customers. The proposed 2011 rates remain the same aa201O and are chronicled below: Water Raoidendal - FixgdChmrgm Variable - Rate per thousand gallons per quarter (O-0O,OOO) Variable - Rate per thousand gallons per quarter (00.000 - 15A.00O) Variable - Rate per thousand gallons per quarter (15O.OD0-xxx) Cnnnmencia| - FixmdCharge Variable - Rate per thousand gallons per quarter (O-58O,ODO) Variable - Rate per thousand gallons per quarter (5O0.0U0-xxx) 2810 2811^Proposed 21I0/ per quarter 21.08 per quarter 2.00 2,00 2.20 2.50 21.0O per quarter 2.00 2.50 2.20 2.50 21DQ per quarter 2.00 2.50 Water Fund Revenue: These water rates are projected to produce water sales of $287.300. Other miscellaneous revenues in this classification are budgeted et$54.5OO. which provides a total revenue budget of$341.800for 2011. Water Fund Expenditures: Expenditures |n this classification include personnel time maintaining the water treatment system/utility billing system, chemicals, depreciation on existing infrastructure and other miscellaneous itema. Water fund expenditures are budgeted at $348 for 2011. Sewer Fund Rates The proposed 2011 rates for sewer remain the same as 2010 and are chronicled below: Sewer 2010 2O11-Proposed RemidenUak - FixedCharQe 58.25 per quarter 56.2B per quarter Commeocia| - FimadCharQe 5O.25 per sac unit per quarter 58.25 per sac unit per quarter Sewer Fund Revenue: These sewer rates one projected to produce sewer revenues of $335.000. Other miscellaneous revenues in this classification are budgeted at $69,100, which provides a total revenue budget of $394,100.