Projected

UTILITY USER TAX – RATE OPTIONS TO FUND CAPITAL IMPROVEMENT NEEDS

 FY 2003-04 FY 2004-05

FY 2005-06

FY 2006-07 FY 2007-08 FY 2008-09 FY 2009-10 FY 2010-11 FY 2011-12 FY 2012-13

Capital Fund Balance $2,823,924 $2,105,642 $1,340,701 $526,949 -$337,855 -$1,109,561 -$1,909,529 -$2,738,605 -$3,597,665 -$4,487,606
Without Utility Tax

$0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Interest Earnings (3%) $84,718 $63,169 $40,221 $15,808 $0 $0 $0 $0 $0 $0
Prop 42 Gas Tax Revenue $34,000 $34,000 $34,000 $34,000 $170,345 $170,345 $170,345 $170,345 $170,345 $170,345
Expenditures - Non-sewer $837,000 $862,110 $887,973 $914,612 $942,051 $970,312 $999,422 $1,029,404 $1,060,287 $1,092,095
Ending Fund Balance $2,105,642 $1,340,701 $526,949 -$337,855 -$1,109,561 -$1,909,529 -$2,738,605 -$3,597,665 -$4,487,606 -$5,409,357

FY 2003-04 FY 2004-05 FY 2005-06 FY 2006-07 FY 2007-08 FY 2008-09 FY 2009-10 FY 2010-11 FY 2011-12 FY 2012-13

Capital Fund Balance $2,823,924 $2,756,875 $2,684,286 $2,606,986 $2,524,416 $2,572,539 $2,618,407 $2,659,042 $2,691,433 $2,714,892
Revenue 2.5% UUT

$651,233 $672,815 $696,145 $719,833 $744,096 $768,660 $791,160 $811,679 $832,658 $855,491
Interest Earnings (3%) $84,718 $82,706 $80,529 $78,210 $75,732 $77,176 $78,552 $79,771 $80,743 $81,447
Prop 42 Gas Tax Revenue $34,000 $34,000 $34,000 $34,000 $170,345 $170,345 $170,345 $170,345 $170,345 $170,345
Expenditures - Non-sewer $837,000 $862,110 $887,973 $914,612 $942,051 $970,312 $999,422 $1,029,404 $1,060,287 $1,092,095
Ending Fund Balance $2,756,875 $2,684,286 $2,606,986 $2,524,416 $2,572,539 $2,618,407 $2,659,042 $2,691,433 $2,714,892 $2,730,079

FY 2003-04 FY 2004-05 FY 2005-06 FY 2006-07 FY 2007-08 FY 2008-09 FY 2009-10 FY 2010-11 FY 2011-12 FY 2012-13

Capital Fund Balance $2,823,924 $2,626,628 $2,415,569 $2,190,978 $1,951,962 $1,834,091 $1,704,075 $1,559,048 $1,396,103 $1,214,171
Revenue 2% UUT

$520,987 $538,252 $556,916 $575,866 $595,277 $614,928 $632,928 $649,343 $666,126 $684,393
Interest Earnings (3%) $84,718 $78,799 $72,467 $65,729 $58,559 $55,023 $51,122 $46,771 $41,883 $36,425
Prop 42 Gas Tax Revenue $34,000 $34,000 $34,000 $34,000 $170,345 $170,345 $170,345 $170,345 $170,345 $170,345
Expenditures - Non-sewer $837,000 $862,110 $887,973 $914,612 $942,051 $970,312 $999,422 $1,029,404 $1,060,287 $1,092,095
Ending Fund Balance $2,626,628 $2,415,569 $2,190,978 $1,951,962 $1,834,091 $1,704,075 $1,559,048 $1,396,103 $1,214,171 $1,013,238

UTILITY USER TAX – RATE OPTIONS TO FUND CAPITAL IMPROVEMENT NEEDS

Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected

Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue Revenue

2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13

 

Capital Fund Balance

$2,823,924 $2,605,870 $2,386,798 $2,170,198 $1,955,054 $1,157,317 $1,079,309 $992,058 $886,789 $762,465

UUT Revenue at 8%

 2,083,946 2,153,007

2,227,663

2,303,466 1,661,106 2,459,711 2,531,710 2,597,372 2,664,506 2,737,570
Interest Earnings (3% ) 84,718 78,176 71,604 65,106 58,652 34,719 32,379 29,762 26,604 22,874

Prop 42 Gas Tax Revenue

34,000

34,000 34,000 34,000 170,345 170,345 170,345 170,345 170,345 170,345
Expenditures - Non-sewer (+3%) 837,000 862,110 887,973 914,612 942,051 970,312 999,422 1,029,404 1,060,287 1,092,095

Expenditures - Sewer (+3%)

 1,499,000 1,543,970 1,590,289 1,637,998 1,687,138 1,737,752 1,789,884 1,843,581 1,898,888 1,955,855

Ending Fund Balance

$2,605,870 $2,386,798 $2,170,198 $1,955,054

$1,157,317

$1,079,309 $992,058 $886,789 $762,465 $622,430
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