|
<br />U.<4
<br />
<br />Table 3
<br />Redwood City Water Financing Plan
<br />Water Fund Financial History
<br /> Actual Actual Actual Actual
<br /> 2001/02 2002/03 2003/04 2004/05
<br />Beginning Operating ReservE $12,180,472 $11,686,048 $6,574,256 $3,835,555
<br />Revenues
<br />Water service charges 4,562,413 4,794,905 5,148,205 5,353,895
<br />Water sales 8,890,010 8,631,101 10,508,602 10,377,455
<br />Facility fees 267,446 239,378 345,894 298,679
<br />Connection fees 111,329 48,826 125,097 89,485
<br />Interest income 778,038 634,845 119,801 353,395
<br />Other 152.757 155.365 225.078 191.577
<br />Total 14,761,993 14,504,420 16,472,677 16,664,486
<br />Expenses
<br />Employee costs 2,414,426 2,794,861 3,154,037 3,381,704
<br />Supplies and services 1,629,912 1 ,494,898 1,636,701 1,566,211
<br />SFPUC water purchases 5,201,703 5,100,175 6,815,529 6,252,865
<br />Internal services (net of transfers) 2,081,080 2,245,603 2,177,422 2,593,552
<br />Minor operating capital outlay 25,296 37,327 21,432 43,876
<br />Recycling O&M & SBSA lease Q Q Q Q
<br />Subtotal operating 11,352,417 11 ,672,864 13,805,121 13,838,208
<br />Debt service 0 0 0 0
<br />Transfer to CIP fund, potable 2,704,000 2,750,000 2,000,000 2,000,000
<br />Transfer to CIP fund, recycled 1,000,000 5,000,000 2,000,000 (8,300,OOO)
<br />Conservation program capital 200,000 188,163 1,400,000 1,500,000
<br />Adjustments 0 0 0 (163,092)
<br />Capital asset acquisition Q 5.185 6.257 Q
<br />Subtotal non-operating 3,904,000 7,943,348 5,406,257 (4,963,092)
<br />Total 15,256,417 19,616,212 19,211,378 8,875,116
<br />Revenues Less Expenses (494,424) (5,111,792) (2,738,701) 7,789,370
<br />Ending Operating ReservE 11,686,048 6,574,256 3,835,555 11,624,925
<br />1 An additional $300,000 was transferred prior to 2001/02.
<br />Source: Redwood City Water Enterprise, Historical & Projected Operating Results (Water Cash Flow 21).
<br />
<br />BARTLE WELLS ASSOCIA TES
<br />F:\Jobs\Redwood City\1921\ \Redwood City Tables 1-13-06\Fin Hist, 1/13/2006,3:17 PM
<br />
|