CR 11-110 Proposed Water, Sanitary Sewer Utility and Recycling Rate IncreasesDecember 6, 2011 Council Report 2011-110
0 City of Hopkin
PROPOSED WATER, SANITARY SEWER UTILITY
AND RECYCLING RATE INCREASES
Proposed Action
Staff recommends adoption of the following resolution: Move to adopt Resolution No. 2011-062 increasing
water, sanitary sewer and recycling rates effective January 1, 2012.
Adoption of this motion will result in increasing the water rate from $1.90 to $1.96, the sanitary sewer rate from
$3.60 to $3.75 per 1,000 gallons of water used, and the recycling rate from $3.75 to $4.00 per month effective
January 1, 2012 and thereafter.
Overview
Water and Sewer Funds — In 2007 staff prepared a Utility Master Plan which sets forth operational, debt
and capital requirements of the water, sanitary sewer and storm sewer systems for the next 10 years. As a result
of that plan we presented a schedule for rate adjustments over that same period of time that will allow us to meet
the needs of the utility system while maintaining our utility infrastructure. These proposed rate increases are a
result of the prior adoption of the Utility Master Plan.
Refuse Fund — The present recycling rates are barely funding the operations of the refuse program.
Operating costs overall have increased from $188,230 in 2009 to an estimated $200,753 in 2012 primarily due to
• contractual obligations and fuel related costs. With the proposed refuse rate increase we are projecting a 2012
recycling departmental net income of $1,247.
Primary Issues to Consider
• How will the increased rates affect the residents and businesses in the City of Hopkins?
• Why is the rate increase recommended?
What are the proposed capital improvement projects?
Staff Recommendation
To provide funding for the operation, debt and capital needs of the water, sewer and recycling funds finance
recommends approval of the resolution. The change in rates would take effect January Is`, 2012.
Supporting Information
• Resolution No. 2011-062
• Water, Sanitary Sewer, and Refuse Funds Cash Flow analysis
• Water and Sanitary Sewer Utility Master Plan showing the next 5 years only
i�?iudl-
Christine M. Harkess, CPA, CGFM
Finance Director
isFinancial Impact: $46,050 water, $86,500 sewer; $13,000 Recycling Budgeted: Y/N Yes
Source: Water Sewer Refuse Funds
Related Documents (CIP, ERP, etc.): CIP and 2007 Utility Master Plan (as revised) Notes:
Additional Information ReSarding Rate Increases
• Rate Increases and Effect on Residents
Water — The rate adjustment will increase an average residential water bill (a customer using 7,500
gallons) will be $0.45 a month and will maintain Hopkins' rank as in the bottom 1/3rd of Metro cities.
The rate increase proposed is important in allowing staff to make necessary improvements to the
reliability of the water system.
Sanitary Sewer — The rate adjustment will increase an average residential sanitary sewer bill by
approximately $1.13 per month and also will maintain Hopkins' rank in the bottom 1 /3rd of Metro
cities. The rate increase is a result of Met Council advising us that their annual increase will be in the 5-
7% range for the next 5 years and to provide for necessary improvements to the sanitary sewer system.
Refuse - Recycling rates were last increased in 2010. As a result of the 2012 budget process and an
analysis of increasing operational costs of contractual arrangements and fuel related costs a recycling
rate adjustement was proposed. The rate increase is a flat $0.25 per month.
Why are the Rate Increases Recommended ?
In 2007 staff developed a Utility Master Plan covering the next 10 years which was revised in 2009 and
again in 2011. Operations, debt service requirements, capital and infrastructure needs were all reviewed
along with associated revenues. In order for us to meet the needs in the water, sanitary sewer and storm
sewer funds scheduled rate increases are necessary. In the past rates were adusted every 3-5 years and
in the case of the sanitary sewer rates were actually decreased for a 6 year period. Rates unfortunately
have not kept up with the needs of the water and sanitary sewer funds and staff recommends annual
• incremental increases to minimize the effect on users budgets.
What are the proposed capital improvement proiects?
Water — Over the next 14 years we have scheduled $5,129,000 in capital infrastructure needs the largest
of which is water infrastructure related to street improvements totaling $3,090,000 over the 14 year
period. Also included is $900,000 for the Moline water tower improvements in 2019.
Sanitary Sewer — Over the next 14 years we have scheduled $2,865,000 in capital improvemnts with
the largest costs being infrastructure related to street improvements totaling $2,620,000 over the 14 year
period.
The complete detail for all scheduled capital improvements can be found further in this report. With any
scheduled capital improvement before deciding to move forward they are reanalyzed for feasibilty,
financial availabilty and the capital schedule revised if necessary.
Refuse Fund — There are no capital items in the 2012 budget.
9
CITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION 2011-062
WATER, SANITARY SEWER
AND RECYCLING RATE INCREASES
WHEREAS, the City of Hopkins has established Ordinance No. 92-712 Sewer and Water Utility
rates, City Code section 715.03 which defines water rates and section 715.07 which defines sanitary
sewer rates; and Ordinance No. 92-707, City Code section 605.04 which defines refuse charges for
collection services; and
WHEREAS, the ordinances authorizes water, sanitary sewer and recycling rates to be set
forth by council resolution; and
WHEREAS, it is estimated the present water and sewer utility rates are not sufficient to cover
operating expenses over the next five years and will not provide sufficient funding for capital
improvement projects identified in the 2012 - 2015 Capital Improvement Plan and the 10 year Utility
Master Plan completed in 2007 and revised in 2009 and 2011; and
WHEREAS, it is estimated the present recycling rates are not sufficient to cover current and
future operating expenses for the recycling program;
NOW, THEREFORE, be it hereby resolved that the City Council of the City of Hopkins hereby
sets the service charge for the Water and Sanitary Sewer Utililities and Recycling Programs at the
following rates to be paid to the City upon billing therefore as follows:
The water service usage charge for all classes of users on the system at $1.96 per 1,000 gallons of
water used.
The water service charge for metered sprinklers for all classes of users on the system at $2.40 per
1,000 gallons of water used — no change.
The sanitary sewer service charge for all classes of users on the system at $3.75 per 1,000 gallons
of water used.
The recycling service charge for all users on the system at $4.00 per month, per recycling unit.
EFFECTIVE DATE: The provisions of this resolution shall be effective January 1, 2012.
Adopted by the City Council of the City of Hopkins, Minnesota, this 6th day of December 2011.
Eugene J. Maxwell, Mayor
ATTEST:
9 Kristine A. Luedke, City Clerk
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Nov 23, 201116:06
HOPKINS, MINNESOTA
WATER UTILITY
PROJECTED REVENUE AND EXPENSES
SALES/USAGE DATA
Current FY
2011
2012
Future Projected O eradons
2013 2014 2015
2016
Average Annual Water Usage -Million Gallons (MG;
640
625
625
625
625
625
Rate per 1,000 gallons
$1.90
$1.96
$2.02
$2.08
$2.14
$2.20
Change in Rate (%)
3.2%
3.1%
3.0%
2.9%
2.8%
Average Annual Irrigation Usage (MG)
15
15
15
15
15
15
Rate per 1,000 gallons
$2.40
$2.47
$2.54
$2.61
$2.69
$2.77
Change in Rate (%)
2.9%
2.8%
2.8%
3.1%
3.0%
1 Revenue - Per Gallon Charge
$1,216,000
$1,262,050
$1,300,600
$1,3399150
$1,377,850
$1,416,550
Average Residential Bill (7,500 gallons)
$14.25
$14.70
$15.15
$15.60
$16.05
$16.50
Heavy Watering Residential Bill (159000 gallons)
$28.50
$29.40
$3030
$31.20
$32.10
$33.00
Average Small Commercial Bill (20,000 gallons)
$38.00
$39.20
$40.40
$41.60
$42.80
$44.00
TF Average Large Commercial Bill (50,000 gallons)
$95.00
$98.00
$101.00
$104.00
$107.00
$110.00
7T I
REVENUE
Budget Codes
21 Beginning Cash Balance
($222,270)
($241,717)
$515,040
($20,913)
($259,207)
$566,780
22 ICharges for Services
$1,216,000
$1,262,050
$1,300,600
$1,339,150
$1,377,850
$1,416,550
23 IPenalties
418 $12,000
$12,000
$12,000
$12,000
$12,000
$12,000
24 IPermits
417 $2,000
$500
$500
$500
$500
$500
25 jAntenna Lease (+5% per yr per contract)
419 $110,264
$115,777
$121,566
$127,644
$134,027 1
$140,728
26 IInterest Earned (5.5% on ending balance)
370 $0
$0
$0
$0
$0
$0
27 Miscellaneous
$200
$12,003
$12,004
$12,005
$12,006
$12,007
28 Bond Proceeds
$850,000
$1,250,000
SUBTOTAL REVENUE
$1,340,464
$2,252,330
$1,446,670
$1,491,299
$2,786,383
$1,581,785
EXPENDITURES
Budget Codes
32 Salaries and Employee Benefits
39 Total Salaries and Employee Benefits
$3179438
$328,111
$339161
$350,604
$362,453
$374,724
Materials, Supplies and Services
46 Total - Materials, Supplies and Services
$179,950
$185,349
$190,909
$196,636
$202,535
$208,611
Utilities
3 Total - Utilities
$3-509031
$363,107
$376,708
$390,856
S405,574
5420,888
J Contracted Services
60 ITotal - Contracted Services
$55,410
$57,072
$58,784
$60,548
562
$64,235
61 ITaxes and Insurance
66 ITotal - Taxes and Insurance
$34,257
$35,810
$37,436
$39,138
$40,920
$42,786
67 Depreciation
$228,600
$265,000
$265,000
$265,000
$265,000
$265,000
SUBTOTAL OPERATING EXPENDITURES
$1,165,686
$1,234,448
$1,267,998
$1,302,781
$19338,846
$1,376,244
77 NET OPERATING INCOME (LOSSI
$174,778
$1,0179882
$1789672
$188,518
$1,447,536
$205,541
NON-OPERATING EXPENSE
Interest Expense
830 $45,225
$41,125
$36,825
$31,812
$25,550
$21,350
74 Fiscal Agent Fee
840 $800
75 Bonding (15 yrs @ 5%)
76 Capital Lease
930
77 SUBTOTAL NON-OPERATING EXPENSE
($46,025)
($41,125)
($36,825)
($31,812)
($25,550)
($21,350)
79 CAPITAL EXPENSES
80 1 Other Equipment (ERP)
790 $6,800
$0
$159,800
$0
$21,000
$0
81 Construction
$170,000
$275,000
$478,000
$350,000
$525,000
$391,000
TOTAL - CAPITAL EXPENSES
$176,800
$275,000
$6379800
$350,000
$546,000
$391,000
LOANS AND PRINCIPLE PAYMENTS
Water Bond
$200,000
$210,000
$220,000
$225,000
$230,000
$50,000
2012 Water Bond (P&I)
$85,000
$85,000
$85,000
$85,000
2015 Bond (P&I)
$125,000
2018 Bond (P&I)
2021 Bond (P&I)
2024 Bond (P&I)
TOTAL - LOANS AND PRINCIPLE PAYMENTS
$200,000
$2109000
$305,000
$310,000
$315,000
$260,000
NET INCOME (LOSSI
($248,047)
$491,757
($800,953)
($5039294)
$560,986
($466,809)
94 1
Adjustment for Depreciation
$228,600
$265,000
$265,000
$265,000
$265,000
$265,000
96 Change in Cash Balance
($19,447)
$756,757
($535,953)
($238,294)
$825,986
($201,809)
Change
t998Inventory
Cash Balance
($241,717)
$515,040 1
($20,913)
($259,207)
$566,780
$364,971
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HOPKINS, MINNESOTA
WATER ENTERPRISE
CAPITAL AND EQUIPMENT REPLACEMENT EXPENDITURES
WATER FUND
2011
2012
2013
2014
2015
2016
CAPITAL EXPENDITURES
Street & Utility Improvements
$75,000
$160,000
$350,000
$350,000
$350,000
$160,000
Well No. 1 Upgrade (Moline)
Well No. 1 Emerg. Gen. (Moline)
Emerg. Gen. Hookups Wells 5 & 6
Dehumidifiers Elmo Plant
Moline/Blake Tower Coating Insp.
Water Map
St. Louis Park Emerg. Connect.
$211,000
Emerg. Gen. Elmo Plant
Emerg. Chlorine Shut -Off Valves
$33,000
Edina Emergency Connection
$20,000
Phased Meter Replacement
$95,000
$95,000
$95,000
Rehab Wells
$50,000
Treatment Plant Study
$20,000
Treatment Plant Upgrade
Paint Moline Standpipe
Paint Blake Tower
8th Ave LRT Corridor
$100,000
Well # 4 Rehab
$25,000
Well # 5 Rehab
Well #6 Rehab
TOTAL CAPITAL EXPENDITURES
$170,000
$275,000
$478,000
$350,000
$525,000
$391,000
E UIPMENT EXPENDITURES
1/2 Ton Truck
Public Works Copy Machine
$14,200
Billing System
Telephone System
$6,800
$6,800
Air Compressor
3/4 Ton Truck
Radio System
Backhoe
$134,800
Scada System Upgrade
$25,000
TOTAL E UIPEMENT EXPENDITURES
$6,800
$0
$159,8001
$0
$21,000
$0
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HOPKINS MINNESOTA
SANITARY SEWER
PROJECTED REVENUE AND EXPENSES
Current FY Future Pro ectad Operations
SALESIUSAGE DATA
2011
2012 12013
2014
2015
2016
Average Annual Sewer Flow - Million Gallons (MG)
570
570
570
570
570
570
Rate per 1,000 gallons
$3.60
$3.75
$3.90
$4.05
$4.21
$4.38
Percent Change
4.2%
4.0%
3.8%
4.0%
4.0%
10 Revenue - Per Gallon Charge
$2,052,000
$2,137,500
$2,223,000
$2,308,500
$2,399,700
$2,4969600
12 Avera a Residential Bill (7,500 allons)
$27.00
$28.13
$29.25
$30 38
$31.58
$32.85
13 lAverage Small Commercial Bill (20,000gallons)
$72.00
$75.00
$78.00
$81.00
$84.20
$87.60
14 jAverage Large Commercial Bill (50,000gallons)
$180.00
$187.50
$195.00
$202.50
$210.50
$219.00
15
REVENUE
Budaet Codes
17Beginning Cash Balance
$7,407
$818,753
$863,404
$657,157
$442,220
$280,533
18 Charges for Services
400 $2,052,000
$2,137,500
$2,223,000
$2,308,500
$2,399,700
$2,4969600
19 Penalties
418 $18,000
$15,000
$15,000
$15,000
$15,000
$15,000
20 Permits
419 $1,000
$8,000
$8,000
$8,000
$8,000
$8,000
21 Reimbursements
446 $0
$0
$0
$0
$0
$0
22 Miscellaneous
$0
23 1 Interest Earned (1.5% on ending balance)
370 $1,000
$12,281
$12,951
$9,857
$6,633
$4,208
24 IBond Proceeds
$800,000
25 SUBTOTAL REVENUE
$2,872,000
$29172,781
$2,258,951
$2,341,357
$2,429,333
$2,5239808
OPERATING F,XPENDITURES
Budeet CodesTotal
Salaries and Em to yee Benefits
$312,867
$323,514
$334544
$345 971
$357 810
$370 078
Total -Materials, Su lies and Services
$110,500
$113,815
$117,229
$120746
$124 9
$128100
Tt ties (incl. MWCC)
$1,329 481
$1309,108
$1,3Total
- Contracted Services
$59,390
$61,172
$63,007
$64,897
$66,844
$68,849
Total - Taxes and Insurance
$17,466
$189339
$19,256
$20,219
$21,230
$22,292
_ _
3% Depreciation
680 $146,125
$150,509
$155,024
$159,675
$164,465
$169,399
SUBTOTAL OPERATING EXPENDITURES
$1,975,829
$1,976,457
$2,060,187
$2,147,652
$2,2399025
$2,3349489
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NET OPERATING INCOME (LOSS)
$896,171
$196,324
$198,764
$1939705
$190,308
$189,319
NON-OPERATING INCOME (LOSSI
Interest on Bonds
820
$58,770
$56,610
$54,180
$51,210
$47,835
33fj IFiscal Agents Fee
_$33,750
840 $400
$412
$424
$437
$450
$464
Capital Lease
930
NET NON-OPERATING INCOME (LOSS)
($34,150)
($59,182)
($57,034)
($54,617)
($51,660)
($48,299)
CAPITAL EXPENSES
Motor Vehicles
740
MWCC UI Surcharge
619
Computers
760
Other Equipment (ERP)
790 $6,800
$0
$25,000
$35,700
$69800
$339600
Construction
$100,000
$135,000
$370,000
$370,000
$350,000
$300,000
80 TOTAL - CAPITAL EXPENSES
$106,800
$135,000
$395,000
$405,700
$356,800
$333,600
81 LOANS AND PRINCIPLE PAYMENTS
82- 2009 Bond - Pricipal Payment
$50,000
$60,000
$60,000
$60,000
$60,000
$65,000
2011 Bond - Pricipal Payment
$40,000
$48,000
$48,000
$48,000
$48,000
$52,000
84 2020 Bond (P&I)
85 TOTAL - LOANS AND PRINCIELE E&IXENTa$90,000
$108,000
$108,000
$108,000
$108,000
$117,000
87 NET INCOME (LOSS)
$665,221
($105,858)
($361,270)
($374,612)
($326,152)
($309,579)
881 1
89 Adjustment for Depreciation
$146,125
$150,509
$155,024
$159,675
$164,465
$169,399
90 Change in Cash Balance
$811,346
$44,651
($206,246)
($214,937)
($161,687)
($140,180)
91 Inventory Change
92
93 Cash Balance
818,753
$863.404
$657157
$442,220
$280,533
$140 53
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HOPKINS, MINNESOTA
SANITARY SEWER ENTERPRISE
CAPITAL AND EQUIPMENT REPLACEMENT EXPENDITURES
SEWER FUND
CAPITAL EXPENDITURES
2011
2012
2013
2014
2015
2016
Eliminate LS No. 1
Residential St. Improvements
$100,000
$120,000
$350,000
$350,000
$350,000
$140,000
Rehab LS No. 4
$160,000
Regular LS Major Maint.
$15,000
$20,000
$20,000
Blake Road Sewer Imp.
TOTAL CAPITAL EXPENDITURES
$100,000
$135,000
$370,000
$370,000
$350,000
$300,000
E UIPMENT EXPENDITURES
4x4 3/4 Ton Truck
$35,700
Telephone System
$6,800
$6,800
Generator
Generator
Radio System
Jet Vactor
3/4 Ton Utility Vehicle
$33,600
Scada System Upgrade
$25,000
TOTAL EQUIPEMENT EXPENDITURES
$6,800
$0
$25,000
$35,700
$6,800t—$33,600
WATER FUND -WORKING CAPITAL PROJECTION 11/2812011
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Actual
Projected
Projected
Projected
Projected
Projected
Projected
2010
2011
2012
2013
2014
2015
2016
Working Capital Beginning Year
1,113,716
(268,206)
(78,277)
481,997
380,876
531,536
655,702
Revenues:
Operating Revenues
1,245,063
1,401,200
1,445,400
1,474,600
1,503,800
1,540,300
1,576,800
Other
98,090
110,264
30,000
30,000
30,000
30,000
30,000
Interest
0
0
8,708
8,169
5,696
6,199
8,361
Bond Issuance
0
500,000
Total Revenues
1,343,153
1,511,464
1,984,108
1,512,769
1,539,496
1,576,499
1,615,161
Expenditures:
Operation Expense
908,810
906,310
937,709
970,265
1,004,024
1,039,033
1,075,341
Loss on disposal of asset
340
Other Exp - int on current bonds
59,163
0
Other Exp - int on refunded bonds
18,075
14,825
11,475
7,587
2,700
Other Exp - int on 2009 bonds
27,150
26,300
25,350
24,225
22,850
21,350
Other Exp - int on 2011 bonds
25,000
24,000
23,000
21,750
20,500
Equipment Replacement Items
0
0
134,800
0
21,000
0
Water System Maintenance
Capital Improvements
711,790
170,000
190,000
208,000
80,000
90,000
301,000
Capital Improvements - PW Bldg
Principal Bond payment
1,000,000
Principal Bond payment - refunded
160,000
165,000
170,000
175,000
180,000
Principal Bond pymnt - 2009 debt
40,000
45,000
50,000
50,000
50,000
50,000
Principal Bond pymnt - 2011 debt
20,000
20,000
25,000
25,000
30,000
Capital Lease (PW Facility) (1)
45,000
Total Expenditures
2,725,103
1,321,535
1,423,834
1,613,890
1,388,836
1,452,333
1,498,191
Change in available funds
(1,381,950)
189,929
560,274
(101,121)
150,660
124,166
116,970
Inventory change
219
Bond Premium/Discount Exp
(191)
Working Capital Ending Year
(268,206)
(78,277)
481,997
380,876
531,536
655,702
772,672
(1) Capital Lease moved to Storm Sewer
Rate History
2012 - 2017 financial data was taken from the Utility Master Plan done by City Engineer
1984 $0.85
1993 $1.05
Notes -
1997 $1.10
Income - 2008 and forward used utility master
plan rates (fixture/no surcharge option)
2000 $1.20
2005 $1.40
Per Utility Master Plan (10107)
2008 $1.65
2009 $1.86
2010 $1.90
2011 $1.94 - not increased
2012 $1.96
2013 $2.02
2014 $2.08
projected rate
ncreases
2015 $2.14
2016 $2.20
2017 $2.27
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Working Capital Beginning Year
Revenues:
Operating Revenues
Other
Interest
Bond Issuance
Total Revenues
Expenditures:
Operation Expense
MWCC Charges (3% inflation)
Interest Expense - 2009 Debt
Interest Expense - 2011 Debt
Equipment Replacement Items
Capital Improvements
Principal Bond payment (2009)
Principal Bond payment (2011)
Capital Lease (PW Facility) (1)
Total Expenditures
Change in available funds
Inventory change
Bond Premium/Discount Exp
Working Capital Ending Year
(1) Capital Lease moved to Storm Sewe
Rate History
1983 $1.50
1989 $1.75
1991 $2.00
1993 $2.50
1999 $2.25 Rate DECREASE
2006 $2.50 rate increase
Per Utility Master Plan (10/07)
2008$2.70
2009$3.10
2010$3.40
2011 $3.70 - act 3.60
2012$3.75
2013 $3.90 projected rate
2014$4.05 increases
2015$4.21
2016$4.38
2017$4.55
SEWER FUND - WORKING CAPITAL PROJECTION
11/28/2011
Actual Projected Projected Projected
Projected Projected Projected
2010 2011 2012 2013
2014 2015 2016
410,089 79,006 69,693 836,230
888,860 969,841 1,136,850
1,795,043
17,542
2.256
1,814,841
513,550
1,149, 287
36,376
0
397.360
50,000
2,146, 573
(331,732)
680
(31)
79,006
2,109,000 2,280,000 2,451,000
23,000 23,000 20,000
23,967 22,270 27,596
800,000
2,155,967 3,125,270 2,498,596
693,479 715,749 738,762
1,288,051 1,365,334 1,447,254
33,750 32,650 31,450
40,000 38,500
0 0 0
100,000 115,000 100,000
50,000 60,000 60,000
30,000 30,000
2,165,280 2,358,733 2,445,966
(9,313) 766,537 52,630
2,622,000 2,793,000 2,850,000
20,000 20,000 20,000
33,415 32,767 36,885
2,675,415 2,845,767 2,906,885
762,545 787,123 812,526
1,534,089 1,626,135 1,723, 703
30,100 28,450 26,575
37,000 35,250 33,500
35,700 6,800 33,600
100,000 100,000 260,000
60,000 60,000 65,000
35,000 35,000 40,000
2,594,434 2,678,758 2,994,904
80,981 167,009 (88,019)
69,693 836,230 888,860 969,841 1,136,850 1,048,831
2009 - 2017 financial data was taken from the Utility Master Plan done by City Engineer
Notes -
Income - 2008 and forward used utility master plan rates (no fixture option)
0
Working Capital Beginning Year
Revenues:
Operating Revenues
Miscellaneous (penalties)
Grants
Gain on sale
Interest
Total Revenues
Expenditures:
Operation Expense
Transfer Out
Capital Outlay (per ERP)
Capital Projects per CIP
Capital Lease (PW Facility)
Total Expenditures
Change in available funds
Inventory change
Working Capital Ending Year
Rate History
1989 $15.10
1991 $17.25
1995 $11.00-14.45 refuse
$2.25 recycling fee
2002 $2.75 recycle fee
2005 $13.20, 15.90, 17.25, refuse
2008 $3.25 recycling fee
2009 $15.85, 18.55, 21.25, refuse
2009 $3.50 recycling fee
2010 $3.75 recycling fee
2011 $16.85, 19.85, 23.15 refuse
2012 $4.00 recycling fee
2013 $17.85, 20.85, 24.15 refuse
2014 $4.25 recycling fee
0
G =Garbage fee increase
R = Recycling fee increase
Recycling - 2008 revenues totaled $111,945.11
On average recycling accounts total 2870 per month
REFUSE FUND -WORKING CAPITAL PROJECTION
11/28/2011
Actual
Actual
Projected
Projected
Projected
Projected
Projected
Projected
2009
2010
2011
2012
2013
2014
2015
2016
218,619
306,507
477,029
502,258
689,519
922,663
1,057,918
1,131,625
R 809,755 R
840,214 R
867,250 G
883,250 R
938,250 G
954,250 R
1,002,250
1,002,250
11,873
12,001
11,500
24,581
34,195
43,697
23,000
19,000
18,500
18,000
17,500
605
23,671
5,010
3,465
1,200
5,023
6,895
9,227
10,579
50,923
851,824
889,875
947,318
911,273
964,145
981,977
1,030,829
1,070,673
739,032
692,426
685,305
699,011
706,001
720,121
727,322
741,869
0
0
211,784
0
0
101,600
204,800
0
25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
764,032
717,426
922,089
724,011
731,001
846,721
957,122
766,869
87,792
172,449
25,229
187,261
233,144
135,255
73,707
303,804
96
(1,927)
306,507
477,029
502,258
689,519
922,663
1,057,918
1,131,625
1,435,429
G =Garbage fee increase
R = Recycling fee increase
Recycling - 2008 revenues totaled $111,945.11
On average recycling accounts total 2870 per month