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Because of very substantial increases in past years, back billings to the water Board plus a major <br />expenditure for tank maintenance, the water fund is in a negative cash position. In order to <br />continue to move back to a positive cash position we will need to, at least, keep pace with cost <br />increases from the water Board. Our recommended changes should continue to provide a <br />positive direction for the water fund. <br />Storm SMer <br />Based on the current projections and the current cash flows we see no mason to in c r ease storm <br />fees for 2000. Below is a summary of the past 4 years plus the 2000 budget for the storm suer <br />fund. <br />F <br />1996 <br />Act l <br />1997 <br />Actual <br />1998 <br />Actual Fr ec <br />2000 <br />Budgeted <br />Storm Fees <br />529 <br />Act ual <br />A teal <br />Act u 7 <br />Pr <br />Bud g gltd <br />Water <br />Operating expenses <br />Fees <br />3 <br />3 <br />3 <br />4,073 <br />4� 170 <br />Less <br />160 <br />184 11 <br />15 6, 3 8 8 <br />74 <br />S t. Paul <br />Water <br />2 <br />2, 715 877 <br />2 762 <br />2 8 5, 973 <br />2 0 5 <br />Operating <br />Expenses <br />89 3 8o <br />904,15 7 <br />911, 3 74 <br />840, 518 <br />918 <br />Total <br />Expenses <br />3 <br />362 <br />3,676,79 1 <br />3 1 <br />3P4 <br />Net <br />Operating <br />Income 1 <br />(127 <br />197 <br />289A15 <br />406,60 <br />366,837 <br />Because of very substantial increases in past years, back billings to the water Board plus a major <br />expenditure for tank maintenance, the water fund is in a negative cash position. In order to <br />continue to move back to a positive cash position we will need to, at least, keep pace with cost <br />increases from the water Board. Our recommended changes should continue to provide a <br />positive direction for the water fund. <br />Storm SMer <br />Based on the current projections and the current cash flows we see no mason to in c r ease storm <br />fees for 2000. Below is a summary of the past 4 years plus the 2000 budget for the storm suer <br />fund. <br />F <br />1996 <br />Act l <br />1997 <br />Actual <br />1998 <br />Actual Fr ec <br />2000 <br />Budgeted <br />Storm Fees <br />529 <br />554 <br />586 <br />536 <br />536 <br />Less <br />Operating expenses <br />388X4 <br />394 <br />402 <br />380J00 <br />462 174 <br />Net operating income <br />140A0 <br />160 <br />184 11 <br />15 6, 3 8 8 <br />74 <br />Rec <br />The City took bids for the recycling pickup for the three year period of 1999 -200 1. The bids <br />were very favorable allowing the city to reduce the monthly recycling fee for 1999 by 3% and will <br />allow us to maintain our current rate for 2000. <br />