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<br />Water Financing Plan - 2005 Update <br /> <br />Update procedure <br />1. Monitor actual bids and costs against cost estimates, <br />reconcile annually <br />2. Update most recent fiscal year budgets and estimates <br />with final, audited figures <br />3. Update 1 a-year financial projections - add one <br />additional year <br />4. Confirm and refine financing (bond) needs for next <br />construction phase( s) <br />5. Verify consistency with UWMP and incorporate <br />Council policies (recycled water pricing, for example) <br />6. Send to Council for consideration, with summary of <br />changes and impacts on future water rates <br />