Agmt09 San Francisco City and County of Water Sales Agreement

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Notes: (1) Beginning Total Balance (encumbered and unencumbered). Equal to the prior year ending total balance after balancing account transfers (line 9). (2) Wholesale Share of Revenue Funded Appropriations for Regional capital projects, adjusted for de-appropriations which have been factored into a wholesale revenue requirement, if applicable. FYE 2015 and forward are subject to compliance audit and 7.06 review. Detail by Regional project in the format used in the 2010 - 2014 true-up to be separately provided. (3) Wholesale Share of actual Regional capital expenditures funded from Revenue Funded Capital, determined based on proportionate water use in the year of expenditure. Figures from FYE 15 and forward are subject to 7.06 and compliance audit review. Detail by Regional project in the format used in the 2010 - 2014 true-up to be separately provided. The figures in line 3 for FYE 18 and on are for illustrative purposes only. (4) Line 1 times the assumptions below for the SFPUC pool rate. FYE 2010 - 2014 figures are actual and tie to the first 5 year review. Pool rate assumptions:0.640%0.670%0.930%1.240%1.410%1.600%1.600%1.930%1.930% (5) Total encumbered and unencumbered balance of the Wholesale Capital Fund before Balancing Account adjustments: Line 1 + line 2 + line 3 + line 4. (6) Wholesale Share of the encumbrances for purchase orders or contracts in connection with revenue-funded Regional capital projects; calculated using the proportional annual use of the true-up year. Entered as a negative number. Not applicable in years with no true-up (FYEs 2010-13 and 2015-18). FYE 2014 figure is actual. FYE 2019 and forward are plug numbers included for illustration. (7) Unencumbered Balance Before Balancing Account transfers: Line 5 + line 6. FYE 2014 figure is actual. Not applicable (n/a) in years with no true-up (FYEs 2010-13 and 2015-18). (8) Negative entries represent refunds to the Wholesale Customers through the Balancing Account and are calculated per Section E below, except for 2014 which is actual pursuant to the original 6.08E. Positive entries represent charges to the Wholesale Customers through the Balancing Account and are calculated per Section F below. (9) Total Ending Balance After Balancing Account Transfers = Line 5 + line 8. (10) Unencumbered Ending Balance After Balancing Account Transfers = Line 7 + line 8. Must not exceed the amount on line 17, which is the lesser of the Target Balance (line 11) and the Unencumbered Remaining Cumulative Appropriation (line 16). (11) Starting in FYE 2019, the Target Balance is calculated by the formula below, where CY represent the Current Year (for which the transfer is being calculated), CY-1 is the prior year, CY-2 is 2 years prior, etc.: [line 2: CY]*(4/5) + [line 2: CY-1]*(3/5) + [line 2: CY-2]*(2/5) +[line 2: CY-3]*(1/5); rounded to the nearest dollar. The FYE 2014 figure is the actual target balance under the original section 6.08E. (12) Cumulative Appropriations Since FYE 2010 = prior year line 12 + current year line 2. (13) Cumulative Expenditures Since FYE 2010 = prior year line 13 + current year line 3. Does not include encumbrances. (14) Total Remaining Cumulative Appropriation (encumbered and unencumbered) = line 12 + line 13. (15) Amount encumbered as of June 30 = line 6. Encumbrances are not cumulative. (16) Unencumbered Remaining Cumulative Appropriation = line 14 + line 15. (17) Lesser of Target Balance (line 11) and Unencumbered Remaining Cumulative Appropriation (line 16). Used in formulas in line 19 (Section E) and line 21 (Section F), as applicable. (18) If Yes, go to line 19 for calculation of the excess unencumbered balance. If No, go to line 20. (19) Calculation of Excess Balance: If line 18 = Yes, then line 7 minus line 17. The result appears as a negative amount on line 8. (20) If yes, then go to lines 21-23 for calculation of charge to Wholesale Customers. (21) Initial step in calculating charge: If line 20 = Yes, then line 17 minus line 7; go to line 22. (22) If the result on line 21 is greater than $4,000,000, then the charge to the Wholesale Customers is capped at $4,000,000. (23) Equal to the lesser of line 21 or $4,000,000. The result appears as a positive number on line 8. See Notes on Page 2 Page 2 of 2