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<br /> 1996 1997 1998 199~l 2000
<br /> Actual Actual Actual Projected Budgeted
<br />Water
<br />Fees 3,530,654 3,423,034 3,963,206 4,073,096 4,170,850
<br />Less
<br />St. Paul
<br />Water 2,763,992 2,715,877 2,762,417 2,825,973 2,885,318
<br />Operating
<br />Expenses 894,380 904,157 911,374 840,518 918,695
<br />Total
<br />Expenses 3,658,372 362,034 3,676,791 3,666,491 3,804,013
<br />Net
<br />Operating
<br />Income (127,718) (197,000) 289,415 406,605 366,837
<br />
<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 />
<br />Storm Sewer
<br />
<br />Based on the current projections and the current cash flows, we see no reason to increase storm
<br />fees for 2000. Below is a summary of the past 4 years plus the 2000 budget for the storm sewer
<br />fund.
<br />
<br /> 1996 1997 1998 1999 2000
<br /> Actual Actual Actual Projected Budgeted
<br />Storm Fees 529,364 554,898 586,374 536,488 536,488
<br />Less
<br />Operating expenses 388,884 394,082 402,262 380,100 462,174
<br />Net operating income 140,480 160,816 184,112 156,388 74,314
<br />
<br />Recycline
<br />
<br />The City took bids for the recycling pickup for the three year period of 1999-2001. The bids
<br />were very favorable allowing the city to rf':duce the monthly recycling fee for 1999 by 3% and will
<br />allow us to maintain our current rate for 2000.
<br />
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<br />
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