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1998 1999 2000 2001 2002
<br />Actual Actual Actual Bud�eted Proaosed
<br />Water
<br />Fees 3,963,206 3,859,641 4,238,244 4,169,663 4,443,380
<br />Less
<br />St. Paul
<br />Water 2,762,417 2,869,658 2,937,456 2,930,270 3,057,492
<br />Operating
<br />Expenses 911,374 869,167 914,419 841,241 886,280
<br />Total
<br />Expenses 3,676,791 3,738,825 3,851,875 3,711,214 3,943,772
<br />Net
<br />Operating
<br />Income 289,415 120,816 386,369 364,188 499,608
<br />Because of very substantial increases in past years, back billings to the Water Boazd plus a major expenditure
<br />for tank maintenance, the water fund is in a negative cash position. In order to continue to move back to a
<br />positive cash position, we will need to, at least, keep pace with cost increases from the Water Board. Our
<br />recommended changes should continue to provide a positive direction for the water fund.
<br />Storm Sewer
<br />Based on the cunent projections and the cunent cash flows, staff is recommending no change to storm fees for
<br />2002.
<br />Below is a summary of the past 4 years plus the 2002 budget for the storm sewer fund.
<br />1998 1999 2000 2001 2002
<br />Actual Actual Actual Budgeted Prouosed
<br />Storm Fees 586,374 539,224 568,000 560,000 569,000
<br />Less
<br />Operating expenses 402,262 571,124 474,742 532,810 524,000
<br />Net operating income 184,112 (31,900) 93,674 27,190 45,000
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