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6.U. - Page 30 of 47 <br />The following chart shows a 10 -year breakdown of projected sewer enterprise expenses along with <br />projected revenues with the projected rate increases. As shown, the projected rate increases keep <br />revenues in line with anticipated future expenses resulting in roughly balanced budgets each year. The <br />blue sections on the graph show projected City expenses while the green sections show the City's <br />projected share of funding for SVCW. Over the next decade, SVCW's share of total costs is projected <br />increase from approximately 60% of total sewer enterprise costs in 2018/19 to almost 67% of total costs <br />in 2028/29, largely due to substantial increases in projected SVCW debt service. <br />Figure 3: Projected Revenues & Expenses <br />Redwood City <br />Projected Sewer Enterprise Revenues & Expenses <br />$0 <br />3.2 <br />$70 <br />2.9 <br />2.7 <br />SVCW Capital & Reserves <br />2.4 <br />SVCW Debt Service <br />$60 <br />SVCW Operating Costs <br />14.9 21.7 <br />14.2 14.2 <br />City Capital Improvements <br />City Operating Costs <br />N <br />$50 <br />t Revenues <br />D <br />$40 <br />1.7 <br />ur <br />10.7 <br />aa) <br />10.7' <br />CL <br />X <br />$30 <br />C <br />a <br />$20 <br />— <br />$10 <br />$0 <br />3.2 <br />3.4 <br />2.9 <br />2.7 <br />2.4 <br />2.2 <br />21.7 <br />21.6 <br />14.9 21.7 <br />14.2 14.2 <br />2018119 2019120 2420121 2021122 2022!23 2023124 2024125 2025126 2426127 2027128 2028129 <br />The table on the following page estimates the amount of sewer revenues anticipated from the various <br />outside sewer districts whose wastewater is conveyed through Redwood City to SVCW for treatment and <br />disposal. Amounts payable to Redwood City are based on separate contracts with each agency. <br />BARTLE WELLS ASSOCIATES <br />Sewer Financial Plan & Rate Update <br />709 <br />