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<br /> 7A
<br /> Page 5
<br /> Staff Report . Attachment 1
<br /> SEWER RATE INCREASES FY 2006-07
<br /> Breakdown of Proposed Budget for Wastewater Collection & Wastewater Treatment
<br />The following information illustrates the budget allocations to SaSA and Redwood City. Column "A" shows the current Fiscal Year
<br />2005/06 budget, Column "B" is the initial proposed FY 2006/07 budget as submitted and noticed under Proposition 218, and based on
<br />the SaBA 10- Year Plan as presented in December 2005. Column "c" shows the percentage share of the proposed budget for SaSA
<br />and Redwood City. Column "D" & Column "E", respectively shows the ina-ease revenue demand based on the final decision of the
<br />SaSA Commission on May 11, 2006, and the associated percentage share of the total revised costs.
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<br /> A B C 0 E
<br /> Updated: 06/19/06 Initial Proposed Percentage Percentage
<br /> Current Budget Budget Spilt of Cost Revised Costs Spilt of Cost
<br /> FYOS/06 FY06/07 SBSA:Clty FY06/07 SBSA:Clty
<br />a. SBSA Operation & Maintenance $ 5,309,696 $ 6,465.337 $ 5,849,905
<br />b. SBSA Reserve Contribution $ 755,348 $ - $ 1,984,162
<br />c. SBSA Capital Improvements $ - $ 1,404,000 $ 149,303
<br />d. SBSA Supplement to Replacement Reserve S 259,367 $ 222,352 $ 222,352
<br />e. SBSA Additional Payment of amount current $ - $ 1.233,460
<br /> shortfall (under Reserve)
<br />f. SBSA Credit To "d" Above in FY 05-06 applied to $ - $ (37,015)
<br /> FY 06-07
<br /> SBSA TOTALS $ 6,324,411 $ 8,091,689 9,402,167
<br />g. CITY Operation & Maintenance, Administration $ 5,329,186 $ 5,390,494 $ 5,387.494
<br />h. CITY Capital Improvements $ 1,035,000 $ 1,035,000 $ 1,000,000
<br />i. CITY Rate Stabilization $ - $ 250,000 $ 250,000
<br /> CITY TOTALS $ 6,364,186 $ 6,675,494 45.2% $ 6,637,494 41.4%
<br /> TOTAL REVENUE DEMAND $ 12,688.597 $ 14,767,183 100.0% $ 16,039,661 100.0%
<br /> Percentap Change from FY 05-06 , over I (under 16.4% Revised % 26.4%
<br /> $ Amount of Change over / (under) $ 2,078,586 $ 3,351,064
<br />FOOTNOTES
<br />a. SBSA Operations & Maintenance budget to cover expenditures relating to the day to day operations of the existing facility.
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<br />b. Redwood City's reserve contribution for replacement of major plant facilities, in support of capital improvements
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<br />c. Redwood City contribution 10 SBSA CIP (SBSA December 2005 report referred to this es "Additional Funding"
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<br />d. Total Supplement to the Reserve is $221, 344 a portion of that sum ($37.015) paid in FY05lO6 will be credited to FY 06107
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<br />~:..~~~~I~~!~.~.i~~~.~~.'1! for_~~~....r'!.~.rr~_nl!r_~~.!:~.~edwood City's share of reserve. '-
<br />g. City's Operations & Maintenance expenses, including collection system & pump station OIM
<br />h. City's CIP for collection system improvements
<br />i. Proposed by Council Utilities Committee to support City's ability to stabilize rate increases and minimize the volatility of rate changes to
<br /> customers and to cover emergencies & unanticipated expenses during the year.
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<br /> Rev 1: 612112006
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