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Be Page 36 (2000-2001 to 2005-06) delivery was 11.50 million gallons per day, or 12,881 acre feet per year. SFPUC Capital Improvement Plan and Long-Range Financial Plan. The San Francisco Public Utilities Commission ("SFPUC") has adopted and begun to implement a long-range financial plan and capital improvement plan to identify capital improvement needs and priorities for its water enterprise, which are intended to replace old systems or upgrade systems to improve reliability and meet future customer needs. The capital improvement plan encompasses 77 water infrastructure projects divided into two programs, the local water system projects (which are designed to benefit the water system within the City and County of San Francisco) and the Regional Water System projects (which are designed to benefit the larger infrastructure carrying water from Hetch Hetchy to both San Francisco and the suburban purchasers, including the City). The long-range financial plan recommends that capital improvement projects be funded from the issuance of revenue bonds by the SFPUC. The total estimated construction and financing costs of the regional (non-San Francisco) component of SFPUC's capital improvement plan is approximately $3.25 billion (in 2005 dollars), substantially all of which is currently anticipated to be paid with revenue bonds, the first series of which, in the amount of $507,815,000, was issued by the SFPUC on March 15,2006. Under the Master Water Sales Contract, the costs of capital improvements to the regional component of San Francisco's capital improvement plan will be allocated to each suburban water purchaser based on its annual proportional usage of water. The City's share of the costs of these capital improvements will be paid as Maintenance and Operation Costs of the Enterprise and, accordingly, will be paid prior to the payment of Installment Payments. Other than with respect to the $507,815,000 of revenue bonds mentioned above, San Francisco has not finalized its financing plans for these future projects, or the time frame for issuing the bonds. Therefore, the City cannot predict what share of these infrastructure costs will be borne by the City and the 27 other suburban purchasers. However, the City anticipates that its cost of acquiring water from the Regional Water System will increase in the future as the SFPUC continues to implement its capital improvement plan. Further information regarding the San Francisco capital improvement plan and long- range financial plan, including periodic updates and status reports, is available at www.sfwater.org. Recycled Water. The Enterprise currently receives a small amount of recycled water from the South Bayside System Authority ("SBSAtl). In Fiscal Year 2005-06, deliveries of recycled water from SBSA totaled 17 acre feet, or approximately 0.14% of the Enterprise's total water supply. After completion of Phase 1 of the Recycled Water Project, the City expects recycled water deliveries from SBSA of approximately 922 acre feet per year by Fiscal Year 2010-11 which, based on Fiscal Year 2005-06 total water deliveries, would constitute approximately 7.5% of the Enterprise's total water deliveries. Table 1 below shows water supplies and water demand for the Enterprise for Fiscal Years 2000-01 through 2005-06, the City's assured supply under the Master Water Sales Contract and the City's water surplus or deficit based solely on the assured water supply. 21