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Home My WebLink About1988-03-30 Agenda packetCOUNTY SANITATION DISTRICTS OF ORANGE COUNTY, CALIFORNIA P.O.BOX 8127,FOUNTAIN VALLEY.CALIFORNIA 9272"127 10944 ELLI&FOUNTAIN VALLEY,CALIFORNIA 92708-7018 714)982-2411 March 23, 1988 NOTICE OF ADJOURNED REGULAR MEETING DISTRICT NO. 1 WEDNESDAY, MARCH 30, 1988 - 4:30 P.M. 10844 EMS Avenue Fountain Valley, California Pursuant to adjournment of the regular meeting of March 9, 1988, the Board of Directors of County Sanitation District No. 1 will meet in an adjourned regular meeting at the above hour and date to review the District's long-range financial program. Sec tary BOARDS OF DIRECTORS County Sanitation District; Pwt Offlee Bea 8127 OF Change County, California 10844 Ellis Avenue Fountain Valley, Calif., 92708 Code 7TalAreaCode14 DISTRICT No.1 9540-2910622411 IIAGENDA ADJOURNED REGULAR MEETING WEDNESDAY, MARCH 30, 1988 - 4:30 P.M. 1) Roll call 2) Public Comments: All persons wishing to address the Boards on specific agenda items or matters of general interest should do so at this time. As determined by the Chairman, speakers may be deferred until the specific item is taken for discussion and remarks may be limited to five minutes . 3 ) Consideration of items re long-range financial program: a) Staff report on long-range financial plan b) Discussion 4) Consideration of action on items relative to proposed Ordinance No. 111 , An Ordinance of the Board of Directors of County Sanitation District No. 1 of Orange County, California, Amending Ordinance No. 109 Establishing Sanitary Sewer Service Charges (Copy enclosed with Directors ' agenda material) a) Report of General Counsel re proposed ordinance. b) Consideration of motion to read Ordinance No. 111, An Ordinance of the Board of Directors of County Sanitation District No. 1 of Orange County, California, Amending Ordinance No. 109 Establishing Sanitary Sewer Service Charges, by title only, and waive reading of said entire ordinance (must be adopted by unanimous vote of Directors present) . c) Consideration of motion to introduce Ordinance No. 111 , An Ordinance of the Board of Directors of County Sanitation District No. 1 of Orange County, California, Amending Ordinance No. 109 Establishing Sanitary Sewer Service Charges, and pass to second reading on April 13, 1988. 5) Other business and communications, if any 6) Consideration of motion to adjourn BOARDS OF DIRECTORS County Sanitation Districts vast Offlcs Box 8127 of Orange County, California 10844 Ellis Avenue Fountain Valley, Calif., 92708 Telephones: Area Code 714 DISTRICT No.1 96224111 AGENDA ADJOURNED REGULAR MEETING WEDNESDAY, MARCH 30, 1988 - 4: 30 P .M. 1 ) Roll call 2) Public Comments: All persons wishing to address the Boards on specific agenda items or matters of general interest should do so at this time. As determined by the Chairman, speakers may be deferred until the specific item is taken for discussion and remarks may be limited to five minutes. 3 ) Consideration of items re long-range financial program: a Staff report on long-range financial plan Discussion 4) Consideration of action on items relative to proposed Ordinance No. 111 , An Ordinance of the Board of Directors of County Sanitation District No. 1 of Orange County, California, Amending Ordinance No. 109 Establishing Sanitary Sewer Service Charges (Copy enclosed with Directors ' agenda material) a) Report of General Counsel re proposed ordinance. MIL (b) Consideration of motion to read Ordinance No. 111 , An Ordinance of the Board of Directors of County Sanitation District No. 1 of ra e. CCoo may, California, Amending Ordinance No. 109 Sanitary Sewer Service Charges, by title only, and waive reading of said entire ordinance (must be adopted by unanimous vote of Directors present) . M` L.) (c) Consideration of motion to introduce ordinance No. 111, An Ordinance of the Board of Directors of County Sanitation District No. 1 of Orange County, California, Amending Ordinance No. 109 Establishing Sanitary Sewer Service Charges, and pass to second reading on April 13 , 1988. 5) Other business and communications, if any 6 ) Consideration of motion to adjourn f:0— MANAWR'S AGENDA REPORT County Sanitation Districts P Off m Box 8127 r 10844 Ellis AvenueofOrangeCounty, California Fountain valley, Calif., 92708 T.I.PKa - A. CPa. 714ODISTRICTNO. 962-2411962-211 II MANAGER'S REPORT TO DISTRICT NO. 1 DIRECTORS MEETING DATE: March 30, 1988 - 4:30 p.m. Update on long-range financial program and consideration of amendments to existing sanitary sewer service charges and connection charges. BACKGROUND In 1984 District No. 1 adopted its long-range financial plan. This plan established one-time sewer connection fees for new development to finance facilities expansion, and a supplemental user fee to make up a shortfall in ad valorem tax revenues and provide the additional financing necessary for both operations and maintenance as well as major facilities rehabilitation. The financial plan was adopted after considerable study to avoid projected short and long-range funding shortfalls in revenues required to finance the District' s operating and capital expenses, which are escalating due to the rising cost of meeting environmental and public health standards established by state and federal regulatory agencies. The plan has since been modified and the current fee schedule is as follows: Single-Family Multi-Family Commercial/Ind/ Fee Type Residential Residential Governmental /Other One-time Connection $1,500 per 1,500 per 300 per 1,000 sq. Fee dwelling unit dwelling unit ft. of building Annual User Fee 26.40 per 15.85 per 18.90 per 1,000 dwelling unit dwelling unit sq. ft. of building In 1986, the Board also elected to issue $24,700,000 in Certificates of Participation (COP' s) in concert with Districts Nos. 2 and 3 to finance District I' s share of joint treatment works construction for the next three years and to purchase additional equity in the joint treatment works to reflect the new flow-based joint works equity formula. District 1 elected to participate in the issuance of the Certificates of Participation to take advantage of then existing Federal tax legislation and low interest rates prevalent in the tax-exempt municipal bond market prior to implementation of the new tax reform laws. The $24,700,000 in capital funds raised by the District from the certificate issue are being used for the following purposes: 14,507,000 for District l ' s share of joint treatment works facilities expenditures for fiscal years 1986-87 through 1988-89 1- March 23, 1988 6,080,000 for District 1's purchase of equity in the joint works as a result of last year's conversion to flow-based equity allocations among all the Districts 3,470,000 required by the indenture for the installment payment reserve fund 988,000 of capitalized interest for payment of the first six months of interest payments for the certificates 646,000 for discounts and underwriter issuance costs Although the annual debt service for the COP's is approximately $2.3 million, last year the Board decided against an increase in the basic user fee rate but did direct staff to budget annual increases of 20% for subsequent years. FUTURE FINANCIAL PROJECTIONS Our financial projections continue to reflect funding shortfalls, particularly in the capital accounts. Our estimates indicate that District No. 1 will exhaust its capital funds as soon as 1990-91, and the Board will have to make a decision on how to best finance the District's share of the treatment plant , construction and the trunk sewer construction. For discussion purposes, staff has prepared three scenarios: . 1. Increase Annual User Fees 20% Schedule A (pink) reflects the annual 20% increase in supplemental user fees over the next ten years as previously directed by the Board, and the current connection fee schedule. Although connection fee rates will continue to rise as the cost of constructing sewerage facilities escalates, connection fee revenues will be inadequate for financing all of the District's capital needs. The annual user fee increase will basically cover only the escalating operating and maintenance costs. Schedule A shows a capital funding deficit in 1990-91 of $5,091,000 (line 32) and a projected deficit in 1996-97 of $29,658,000. 2. Issue Debt Certificates and Accelerate Increase in Annual User Fees Schedules B-1 (green) and C-1 (tan) add to Schedule A to the issuance of 10 million of additional Certificates of Participation (line 24) , one possible method of raising additional capital monies. These certificates would be sufficient to fund any contemplated District 1 sewer rehabilitations as well as the joint works projects for rehabilitation/ reconstruction and increased levels of treatment for the next five years, and would be almost sufficient for the 10-year planning period. Retirement of the certificates under these scenarios would be made by further increasing the supplemental user fee. The alternative set forth in Schedule B-1 (green) would increase the user fee 20% next year followed by 2- March 23, 1988 50% increases in both 1989-90 and 1990-91, and 20% increases thereafter to pay the additional annual debt service of $977,000 (line 30) . The projected fund balance in 1997 under this alternative would be a negative $3,939,000 line 32). The Schedule C-1 (tan) alternative projects an annual 30% increase beginning in 1988-89. The 1997 fund balance under this alternative would be a positive $2,726,000 (line 32) . Under each of these alternatives, at the end of the 10-year planning period, the outstanding debt service for the new COP issue would be $17,586,000. When added to the outstanding debt service for the 1986 issue the total outstanding debt in 1997 would be $50,094,000. 3. Accelerate Increase in Annual User Fees But Do Not Issue Debt Certificates Schedule B-2 (buff) and C-2 (yellow) present an alternative to additional debt financing. These Schedules correspond to Schedules B-1 and C-1, including the projected fee increases, but do not include the issuance of additional debt and the subsequent annual repayment of $977,000. The advantage of this alternative is that at the end of the 10-year planning period the capital fund balance is relatively close - negative $7,730,000 and negative $1,429,000, respectively (line 32) - to that under Schedules B-1 and C-1, but the District is not faced with an additional outstanding debt of $17,586,000 in 1997. The main disadvantage is that the cash is not received "up-front" in the early years when the need is projected for capital funds. It is clear that the user fee rates will have to continue to escalate - and at an accelerated pace - to maintain the District' s financial integrity. However, there are several unknowns that will have a major impact on the District's cash flow requirements. The District' s major funding shortfalls are for capital financing. The projections herein assume that all construction projects proceed on schedule. Thus, the estimates can be considered "worst case" scenarios. However, we continue to experience delays in major projects such as the Central Power Generating System because of SCAQMD requirements. Further delays in this 53 million project, of which District 1's share is $5.5 million, would also delay, or at least spread out, the need for capital funds. The same is true for other capital projects. Conversely, as the Directors are aware, if the EPA does not renew the secondary treatment waiver in 1990, the Districts capital needs will increase substantially. All the above projections assume the renewal of the Districts' 301(h) permit. RECOMMENDATIONS We hope to have a decision on the Central Power Generating Project from SCAQMD by July. In addition, by July the consulting engineers will have provided preliminary information on the updated Master Plan for Joint Works that will be 3- March 23, 1988 Incorporated into the new budgets. Because of the major impact of the Joint Works capital projects on the District's cash flow and overall funding needs, staff is recommending that consideration of any major changes to the District' s long-term financial plan such as issuance of additional debt certificates be held in abeyance until some of these unknowns are better focused. We have, however, drafted an ordinance revision to increase the supplemental user fees by 20% in 1988-89 as previously directed by the Board, as follows: Single-Family Multi-Family Commercial/Ind/ Fee Type Residential Residential Governmental/Other Annual User Fee 31.68 per 19.02 per 22.68 per 1,000 dwelling unit dwelling unit sq. ft. of building Ordinance No. 111 (attached to the agenda) incorporates the proposed fee schedule and is presented for consideration by the Directors. As discussed above, it is clear that the Board will soon have to accelerate the rate of user fee escalation, and the Directors may wish to consider doing that beginning in 1988-89. In the event the Board desires to increase the user fees by 30% in 1988-89, the rates would be: Single-Family Multi-Family Commercial/Indust. Fee Type Residential Residential Governmental/Other Annual User Fee 34.32 20.60 24.57 u No change in the connection fee schedule is recommended at this time. The current fee pays the basic cost of sewerage system capacity for new development. Staff will review the attached cash flow projections, the proposed supplemental user fee increase and the proposed Ordinance with the Directors in greater detail at the meeting. 4- ir.'I ad Ptl Page I L COUNTY SANITATION DISTRICT NO.1 SCHEDULE A STATEN6NT Of PROJECTED CASH PEON FISCAL YEARS 1191.86 TBROUGB 1996.9E 1991.93E LINE 1911.86 1968-69 1169-90 1990-91 1991-92 1 $•Tear Total 1996.9E 10-19u Total LIU 1 ............ ----------- ............. .... OPIUM. FUND 1 I I Reserves 6 Carry-over ?roe Last Tear 2,612,000 2,741,010 2,886,000 3,262,000 1,519,000 1 2,112,000 3,904,000 I,BI2,060 1 1 ----------- ....4...... RIVENU1 1 2 Share of It Tar Allocation 1,646,000 1.705,000 I,BS1,000 1,926,000 2,000,000 1 9,211,000 11,224,000 20,435,000 2 3 Pees-lOduslrlal Waste 381,000 441,000 513,000 590,000 619,000 1 1,616,000 6,151,000 51067,000 3 1 Supplemental User Pees 1,300,000 1,745,000 2,431,000 2,911,000 3,500,000 1 11,893,000 30,103,000 42,296,000 1 5 Interest 6 miscellaneous Income 263,000 200,D00 2181004 213,000 2%000 1 1,190,005 1,950,000 3,140,000 5 6 Other Revenue 1 0 0 6 1 ........... _......... I TOTAL REVINUI 3,597,000 1,176,000 5,016,000 5,676,000 6,I15,000 1 21,910,000 50,026,000 74,531,000 7 1 ........... ....4...... 6 TOTAL AVIILALIA FUNDING 6,409,000 1,924,000 71904,000 01938,000 10,041,000 1 27,122,000 3,932,000 77,710,000 6 1 --------- . ........... 11FINDIVI165 11 5 3hare of Joint Narks N 6 0 3,209,000 3,610,000 11214,000 4,681,000 5,613,000 1 21,637,000 41,103,000 62,040,000 1 IO C011eCLIOD system N 6 0 and Other Oper. 452,000 346,000 396,000 1581000 521,000 I 2,161,000 4,004,000 6,265,000 10 11 Other Upeoditurns I 0 0 11 1 ........--- ........... 1: TOTAL IEPINDITURIS 1,661,000 4,026,000 1,6u,00e 5,339,OOD 6,140,000 21,810,000 15,281,000 69,105,000 12 13 Reserves a Carry-Over to Nut Year 2,146,000 2,866,000 3,262,000 3,$99,000 3,104,000 I 3,90t,000 8,615,000 0,645,000 13 11 Neel year's Day Period loading Regulreaenls 11831,000 1,016,000 2,311,000 1,610,000 3,010,000 3,010,000 6,115,000 6,175,000 11 15 load Balance or IOetaatl 917,000 870,000 911,000 929,000 634,000 831,000 2,110,000 I,470,000 Is zcw: :... ::::::::::. ::::::::... :::::::..:: I 16 Supplemental User Pees for Single family Residence 126.40 131.68 118.02 115.62 ISI.71 1136.12 Is Supplemental User Pees increased 20% per year beginning with 1918-89 Supplemental User fees allocated to Opeotlog and ACO foods Share of Joint Worts N 6 0 escalated based on 17-68 actual Operating load Balance allowed to dip below EDE In1991.92 CORY projects based Do prel Sul:ery 1931-89 budget estimates Outstanding 1966 COPS and interest at 6.30-57 : $32,419,000 3/31/BB 1:02 PI Pale 2 COI811 WIVA710H DISTRICT AM 6TATIYINT Of PROJEC71D CHAR PLOY SCHEDULE A FISCAL 71119 1917.68 TIRDIGI 1996.97 199E-91/ LIST 1961.88 1968.69 19s9.90 1990.91 1591-92TotalI ------ -----leer ..... LIRA CAPITAL IM(81 I 17 -----•----••-•• 24,301,000 Z0,8/1,000 11,337,000 2,289,000 (5,091,0001 1 21,304,000 110,520,0001 14,300,000 17 Reserves a Corry-not From list Year 1 ----------- ----------- 11711101 11 •••-• 166,000 I 166,000 lu.000 IS 19 Coastruction Grate 564,000 500,000 500,000 500,000 500,000 I 1,561,000 2,S00,000 5,014,000 19 20 has: Connection 311,000 281,000 669,000 6$3,000 1,522,000 20 21 SOppleaental User 19,D00 69,000 93,000 98,000 ID3,000 I 132,000 596,000 1,026,000 21 22 Other 24,000 04,000 77,000 1,263.000 11,000 1,500.000 200,000 1,100,000 22 23 Sale of Capacity Rights 1,661.000 1,111,000 413,000 0 0 I 3,215,000 0 3,285,000 23 24 Interest a miscellaneous Income 501,000 I OLIO- tl ether Income 25 3,209,000 2,26t,000 1,153,000 1,867,000 641,000 1 9,137,000 4,149,000 13,E INS 25 TOTALMIA0I I ........... ...........I 26 27,513,000 23,106,000 tE,190,000 4,156,000 (1,414,0001 I 33,111,000 16,371,0001 31,590,000 26 10714 AVAILI161 FINDING I ----------- ........... I AIPAID140O8 1 27 -•---••----- 4,377,000 9,322,000 7,745,000 6,825,000 1,677,00D I 31,945,000 11.904,000 u,as/,ono 21 21 Share at Joint Raise Treatment Plant 163,000 140,000 115,000 100,000 100,000 I 618,000 200,000 618,000 28 29 District Collection System 2,126,000 2,309,000 2,341,000 2,322,000 2,299,000 I 11,291,000 11,183,000 22,580,000 29 30 COP Payments I 0 D 30 Otherlapenditures I ........... ........... 31 6,666,000 11,171.000 10,101,000 9,241,000 6,016,000 1 13,961,000 23,287,000 61,210,000 11 TOTALIIPIND1THIS 1 ----------- ........... 32 20.867,000 11,337,000 21289,000 15,091,0001 110,525,0001 I 110,020,Dool 120,558,0001 121,656,0001 32 Reserve$ I Carry-over to Meet Year 3/21/86 1:02 PN Page 3 COUNTY SANITATION DIBTIICi 10.1 SCHEDULE A STATI110I7 OF PRO3ACTID CABS PLUS FISCAL TSARS 1981.80 THROUGH 1996-RI 1992.931 LINK 1987.86 1966-85 1569.90 1910-91 1991.92 1 S-Gear Total 1916-91 10-Tear Total LINK I ------------ ----------- ............. .... eO10 FONDIeI I 33 ------------ 93,000 04.000 71,000 D 0 1 93,000 0 93,000 33 Morass L Carry-over from Last leer I ----------- ........... AIVBYUI I 31 ------- 59,000 5,000 1 114,000 114,000 11 35 Tea Levy 6,000 S,000 0 0 0 1 11,000 a 11,000 IS 36 Interest 6 MLcellaneooa locale I 0 0 16 Other Income I ........... ........... 37 65,ODD 60,000 0 0 0 I 115,000 a 125,000 37 TOTALRIVINOK I ..........a ........... 30 158,000 19,000 71,000 0 0 I 211,000 0 218,000 36 TOTAL AVAILABLY FUNDING I ........... ........... I I1PAMDI70A6B I 39 ------- ---- 11,000 73,000 71,000 I 211,000 210,000 39 AD Bond Principal A Interest I t0 Otherlepeadilares I ........... ........... It 71,OOD 73,000 71,000 0 0 I 210,090 0 210,000 CI TOTALIIPINDITURI$ I ........... ........... li 61,000 71,000 0 0 0 I 0 0 0 12 11 Reserves A Carry-Over to Mart Year 81,001 71,100 0 0 0 I 0 0 0 11 Melt Year's Dry Period Fandlog Requiremnts I •....•••... ...........1 1/ 0 0 0 0 0 I 1 0 0 11 land Aliases or (Deficit) v ............ ........m. ............ I ......uses ........... I i SUBMIT IS ....... 27,209,000 23,679,000 14,116,000 S,SS1,000 11,192,000) I 11,119.000 61611,0001 17,20,000 15 16 leSOTTea A Carry-Over Free Last Year 6,671,000 6,197,000 61169,000 1.541,000 1,092,000 I 34,172,000 51,177,000 11,319,000 16 TOTALAIVIMOI I ........... ........... 17 31,000,DOO 30,176,000 20,465,000 13,094,000 5,600,000 I 61,381,000 17,561,000 115.358,000 17 If TOTAL AVAILABLI FUNDING 10,401,000 15,080,000 14,914,000 11,506,000 12,216,000 1 67,197,000 60,574,000 136,571,000 11 TOTALIIPINOITUM I ----------- ........... 19 23,679,DOU 14,296,000 1,551,000 11,492,000) 16,116,0001 1 16,616,000) 121,013,0001 (21,013,0001 19 50 Reserves 6 Carry-Over to lest Year 11915,000 2,089,000 21321,000 11610.000 3,070,000 1 3,010,000 6.175,001 6,115,000 SO MeltYear'$ Dry Period landing Requirements I ----------- ........... 51 21,761,000 12,201,000 3,230p000 (1,162,0001 19,696,00a1 I 19,6B6,0001 127,18010001 (27,181,0001 SI FUND SALANCI OR (DIPICIT) s..vv-----. ...._._a ....a.:..a. ........... ..a.ay.ass I ..-_..ss y e 3121161 1:19 IN Page I Comy SANITATION DISTRICT NO.1 SCHEDULE B-1 SMASH"Of PIOJIC71D CASH Slop 118CA6 LIARS 1967.18 THROUGH 1995.97 1992.131 till 1907.86 1906.89 1919.90 1990.91 1991.92 I 5-year Total 1996.97 10-Ieir Total 6IN1 OPIRATING FOND 1 I Reserve, a Carry-Over frog Lest Tear 2,012,000 2.146,000 2,011,005 1,219,000 3,738,000 1 2,012,000 4,296,000 2,812,00o 1 I ----------- ----------- REVIEW[ 2 Ohare of 11 Tax Allocation 1,646,000 1,765,000 1,851,ma0 1,928,000 2,000,000 9,211,000 11,224,000 20,431,000 2 1 Ptem-Industrial Vesta 188,000 116,000 513,000 590,000 619,000 I 2,416,000 6,151.000 9,061,000 1 I eupplemeat&I Deer fees 1,300,000 1,745,000 2,411,000 3,051,000 3,136,000 I 12,261,000 29,949,000 42,212,000 6 5 Interest a slecallao9ols locale 263,000 200,000 218,000 240,005 213,000 I 1,214,000 2,010,000 1,Z21,000 5 6 Other Reveals I 0 0 6 I 7 TOTAL 11V1101 3,597,000 4,176.000 5,003,000 S,821,000 6,100,000 I 25,304,000 19,634,000 711921,000 7 a TOTAL AVRIMS IORDIRG 6,/09,000 6,924,000 1,891,000 9,071,000 10,438,000 28,116,000 53.932,000 77,1SO,D00 8 I ----------- ........... EIPINOITUa6B I 9 Share of Joint Works s A 0 3,209.000 11610,000 11244,000 4,481,000 5,613,000 I 21,631,060 61,203,000 62,80,000 9 10 Collection System N a 0 and Other spot. 412,000 116,000 399,000 158,000 $27,000 I 2,101,000 4,014,000 6,265,00o 10 11 other mapendltures I 0 a 11 12 TOTAL IIPINDITURIB 3,661,000 1,016,00D 1,612,000 5,119,000 6,140,000 I 23,610,000 /5,287,000 69,105,000 12 I ........... ........... D Reserves A Carry-Over to Next year 2,146,000 1,001,000 3,249,000 3,730,000 4,298,000 I 4,290,000 1.645,000 1,645,000 17 It Rest year-&Dry Period Pending legolresents 1,031,000 2,011,000 2,321,000 2,670,000 I,DI1,000 3,070,000 6,115,000 61175,000 11 I ........... ........... ........... 15 fund Balance Or IBeflcill 911,000 870,000 126,000 1,068.000 1,226,000 1,220,000 2,470,000 2,470,000 IS 16 Supplemental Weer fees for Biagio really Residence 126.40 111.61 141.52 71.21 01.54 1212.04 16 Sapplesmatel User feet Increased 201 In 86-89, Bit to 89-90, 50% In 90-91,and 201 per year thereafter Supplemental User Fete allocated to Operation gad ACO funds share of Mae larks N 6 0 egcolated based on 87.88 actual Operatlag read Balance maintained at 201 COR2 projects based on prelialoery 1988.19 budget estimates 0e11 p01111101 COP In 1990-91 16 112% for 25 Peers Oulslendlag new COP, and Interest at 6.10-97 = 117,S86,000 Outstanding 1586 MRS &ad lateresl at 6-30.11 : 112,198,000 3/21188 1:19 TA Pepe 2 COOn9 WITAII01 DISTRICT RD,I 87Amon Of PNJNIO CA0 Islas SCHEDULE B-1 FISCAL INN 1997.99 IMM 1996.91 1992.931 till 1987-I8 1911-19 1991.90 1950.91 1991-92 I 5-Tear Total 1936.97 LO-Tear Total ASIA 1 ------------ ._-------- ------------- .... CAPITAL DEAR IS)I 17 Reserves 6 carry-over flat Last INI 24,304,000 20,147,000 111337.100 2,133.000 6,102,000 I 24,304,000 2,030,000 24,104,000 17 Ring I Is Coostructloo Seaver 156,000 I 166,000 166.000 18 19 INS: Co00ectloa 5111000 SCO,Co0 500,000 $00,000 5001000 1 2,501,000 2,500,000 5,014,000 19 20 Suppleeeotal user 311,000 281,000 621,000 1,495,000 1,735,000 I 4,510,000 10,507,000 23,427,100 20 21 Other 59,000 89,000 13.000 99,000 103,000 I 432,000 96,000 1,08,000 21 22 fait of Capacity light, 200 81,000 71,000 1,269,n0 41,000 I 1,100,000 105,00 1,700,000 22 23 Interest a Ileoellueo0e Income 1,661,000 1,141,000 506,000 331,n0 299,000 1 3,938,005 0 3,930,000 23 21 Other Items 5011000 10,000,000 I 10,501,000 10,501,000 2S I ----------- 25 TOTAL INWI 3,209,010 2,261,000 1,797,000 13,693,000 2,581.000 I 23,641,000 22,203,010 15,811,000 15 I ........... ........... ........... 26 TOTS APNNAN I0101/0 21,513,000 23,101,000 13,131,000 16,626,000 9,081,006 1 47,145,000 21,231,n0 70,146,000 26 1 ----------- ........... NPBnITWB I 17 Plus of Joint Rork,Treatment flat 1,377.900 9,122,000 7,715,000 6,125,000 3.677,000 I 31,946,000 11.906,000 43,850,000 21 28 District Collection System 163,000 140,000 115,000 100.00 I00,000 I 610,000 2001000 916,010 21 29 COP Payments 1,126,000 2,109,000 2,381,000 2.322,900 2,299,000 11,397,000 11,103,000 22,580,000 29 30 Other Ispe00ltorn 911,000 977,000 I 1,954,000 11115,000 DIAMO0 10 I ........... ........... ........... 31 7119"901n1/ 6,06,000 11,171,000 10,201,000 10,224,000 7,053,000 1 15,915,000 28,172,000 74,017,000 31 1 ----------- ........... ........... 32 Reserve A CARr3-over to lest Tess 2018171000 11,337,000 21911,00 6,402,000 2,030,n0 I 21030,000 13,939,000) 13,939,0001 12 7121118 \ 1:19 Ptl Page 3 COUNTY WIT11101 D1571ICT RD.1 3CHEOULE 0-1 STATINIIT Or PIOOI0111 CASH ?too IISCAL TIAIB 1917-36 THIODOI 1596-91 1991.111 LINT 1967-11 1981.09 1109-90 1910.91 1991.92 I S-Iear Total 1996.97 10-year Total LIPS 1 ............ ........... ............. .... BONG FillIII I 33 Reserver I Carry-Over 1101 Last Year 93,000 11,000 I3,000 0 0 I 93,000 0 93,000 33 I ........... ........... RIVIIUI I 31 ?us Levy 59,000 15,000 I 114,000 111,000 31 35 Interest 6 Biscellanecas Income 6,000 5,000 0 0 0 I 11,000 0 11,000 35 36 other male I 0 0 36 I ----------- ........... 37 TONAL OIVIBUI 61,000 60,000 0 0 0 1 125,000 0 125,000 37 I ........... ........... 30 TOTAL AVAILABLI IONTIPD 150,000 I41,000 71,000 0 0 I 211,000 1 SWISS 31 I ........... ........... ll?nolTous I 39 Bond Principal 6 Interest 11,000 73,000 71,000 1 218,000 211,000 19 10 other enpeodttures I 10 I ........... ........... Il TOTAL ETPB®1tBBse 74,000 71,000 71,000 0 0 I 218,000 0 211,600 CI I ........... ........... U Rearvee I Carrl-Oyer to Hal Neer 1/,000 71,000 0 0 0 I 0 a 0 12 13 Pert teer'a Dry Period aiding Requirements 10,000 11,000 0 0 0 I 0 0 0 13 I ........... ........... ........... it runs enlace at (Dellclll 0 0 0 0 0 I 0 0 0 If Baa11 IS Reserves I Carry-Over from Last Year 27,209,000 23,619,000 14,206,000 61161,000 IO,ISo,offo I 27,209,000 61316,000 27,201,000 IS 16 TOTAL leftist 6,171,000 6,191,090 51600,000 19,521.000 9,311,000 I 49,070,000 71,837,000 120,107,000 16 1 ----------- ........... ........... I7 TOTAL AVAILASLI 190119 34,010,000 30,116,000 21,096,000 25,103,000 19,521,000 I 16,279,000 70,165,000 141,116,000 47 If TOTAL IIPIIDI1011I 10,401,000 15,110,000 14,914,000 15,563,000 13,193,000 1 69,951,000 73,459,600 143,410,000 /1 1 ........... ----------- 19 Reserves 6 carry-over to Beat To 23,611,000 14,296,000 61112,000 10,110,000 6,328,000 I 6,326,000 91106,000 11706.000 19 50 Hest leer's Dry Period fending Begalrements 1,915,000 2,089,000 21321,000 2,670,000 3,070,000 I 3,070,000 6,171,000 6,115,000 50 51 tag BALANCE OR (DIfICITI 21,764,000 11,207,000 3,8611000 71470,000 31258.000 3,150,000 1,169,0001 (1,461,0001 51 i/.'7WSf PN file 1 C000IF SAW17AVIOW DISTRICT 10.1 SCHEDULE C-1 STATEMENT DI PIDJICVID CASE PLOW PISCAL like$ 1917-01 ?MOLES 1196-97 I9f2-93/ st I/11.16 1961.11 1905-91 I111-91 1191-12 1 5-Fear Total 1f16-97 11-Ielr Total LAWS I ------------ ----------- ............. .... OPERATING FUND 1 I leserves S Cury-O,er Foos Last year 2.112,011 2,749.00 21166,000 3,219,016 3.731,169 I 2,312,000 4,291,116 2,112,000 1 I ----------- ........... ........... REVIVE 1 2 share of 11 TAR all"ItIoA 1,60,110 1,115,000 1,654,006 1,526,066 2,000,000 I 9,211,101 11,224,161 26,E15,000 2 7 Feel-lldUIL,til Waste 311,00 /16,000 113,006 590,010 67f1000 I 2,616,401 6,151,110 /,067,000 3 1 SuppleseBGl Oder lee, 11300,000 1,145,001 2,111,101 3,066,010 3,73f,060 I 12,163,041 29,919,610 42.212,006 f 5 Interest A Nsscellmeeus lace,.263,000 200,000 211,101 241,000 215,000 I 1,211.001 21111,600 21224,106 5 6 Clear Reye,ae I 0 0 6 I ........... ........... ........... 7 TOTAL 1111111 3,517,404 1,17f,ll1 5,013,400 5,621,011 61104,161 1 25,314,016 41,614,600 71,918,0D0 7 I ........... ........... ----------- 1 TO11t AVAILABLI FUNDING 6,109,00 6,124,061 7,611,001 9,677,610 1611311080 1 261116,016 53,911,000 77,750,000 1 I ........... ........... ........... EIPINDIVUIis 2 5 $dare of Joint Vista M 6 D 3,209,000 3,610,000 1,20,000 4,101,000 5,613,000 I 21,637,060 41,213,000 62,340,600 5 ID Coliseum. iystem N A 0 led Hear Opt,, IS2,06 146,000 311,060 451,640 $27,000 I 2,111,061 1,114,100 6,16s,600 I/ 11 Otber 11peRdntueS I 1 0 11 I ........... ........... ........... TOTAL 11PINDITURI3 3,661,004 f,636,000 1,02,000 5,311,610 1.140,114 I 23.911,610 45,167,004 61,115,004 12 I ........... ........... ........... 13 Reserves a Carry-over to Wert Fear 21141,000 211101000 3,20,010 3,711,600 f,291,000 I 1.211,660 I,f1S,001 0,665,100 13 If Jett lell's Dry Period raiding IeOulreeu0 1,831,000 2,011,000 2,32LI0 2,674,161 310111010 1 3,010,160 6,115.001 6,17S,111 11 I ----------- ........... ........... 15 load balance or (Deficit) 511,006 610,000 126,000 1,061,006 1,221,000 I 1,221,000 2,170,000 2,470,000 11 16 supplaeaul User fees for Single Family Reudenn 126./0 134.32 111.62 $51.61 75.40 1211.91 16 SUPPlHaul Use, let, SBate,sed 301 in 69-09 leaf thereafter Supplautal Oser Pees allocated to Operating led ACO lumen Smire of Joint Will,X 6 0 escalated based as 11-I6 actual Op.retlB9 land IAlaaee e,IPLAIAld it 201 CORE projects blood 0a preliminary 1911-69 badger estimates Sell 110 millloe UP is 1990.91 1 1 1/21 for 25 Title Outstaediog Man COPS and interest at 6-30.97 : 117,566,000 Dustuding 1906 COPS mid interest it bJ0-!1 . 131,490,000 CPIR.67 1111111 2:45 PH Page 2 COV971 SAMIT17100 D15711CT Ka.t SLIT HIN? OF PIOJICTID CASH flan SCHEDULE C-I FISCAL Flats 1917-I8 THROUGH 199641 111MV List 1917-11 1118-I1 1119-10 1110.91 1911-12 1 5-year Total 1991-17 10-leer Total List 1 ------------ ........... ............. ---- CAPI7AL IUnIS1 I1 II Reserves L Carty-omr Pros List yell 24,304,000 20,117,000 11,511,000 2.116,000 Mumss 1 24,304,000 400.000 24,304.001 17 1 ----------- ........... ........... IIgIHUI 11 Construction Gaol, 166,000 I 166,000 166,000 11 11 Pees: Connection 514,000 $00,000 500,000 500,po0 S00,000 2,111,000 2,500,000 5,014,000 11 20 luppleleatal User 361,000 111,000 171,000 611,000 11011.000 1 2,593.000 16,117,000 29.716,000 20 21 Other 11,000 19,000 15,000 91.000 1011000 1 112,000 556,000 1,029,000 11 21 hie of Capacity light, 1400E 04,000 77,000 1,261,006 41,001 1 1.S00,000 200,000 1,700,000 12 21 [&latest 6 H1scell.aeaas lncole 1,661.000 1,147,000 $12,000 299,000 210,600 1 3,025,000 405,000 4,311,000 21 21 Other lacoae 504000 10.000.040 1 10,501,000 10,501,000 IF I....... 1 ----------- ........... ........... 25 TOTAL 11nn1 3,201,000 2,415,500 I.M.000 12,110,000 1,141,000 22,011,000 30,111,000 S2,501,000 25 1......... ........... .."'...... ........... 1 ----------- ........... ........... 26 TOTAL AYAILABII PU101RG 27,513,000 11,212,000 tl,127,000 15,736,000 7,453,100 I 46,315,000 30.851,000 76,113.000 I6 11PIKOITHIS 1 27 Share of Joist Karl, Mat&eot Hint 4177,00E 1,122,000 7,745,000 6,125.00E 3,677,000 1 11,114000 11.901,000 43,150,000 17 21 District Collection 5yste& 163AGO 140,000 115,000 100,n0 100,000 1 611,000 200,000 114n0 21 21 COP Pty mis 2,126,000 2.309,000 2,211,000 2,322,000 2,191,000 1 11.317,000 11.111,000 22.580,000 19 10 Other 11peaditure,-nee COP ptylenta 911,00E 977,000 1 11951,000 1,865,000 6,139,000 10 1 ----------- ........... ........... SI TOTAL IIPIHU17URIS 6,666.000 11,711,000 10,211,000 10,224,000 7,053,100 1 15,m5,000 28.172,000 74017.000 71 1 ----------- ........... ........... 12 linen., 6 Carll-me. to tell Tell 10,117,000 11.511,005 2,126.000 5,512,000 400,000 1 06,051 21724ea0 1,716,000 12 1 :..:-:.....- ......:::.. ::........: rn. n1 1/71/11 7:45 IN page 1 SCHEDULE CA COUNTT SANITATION DISTRICT 00.1 STAIININT of PIOJICTID CASE low fiscal PAIRS 1911-11 IEROU60 1996-91 1992-931 Lill 1917-II Illa-It Ills-so 19ID-11 1991-12 1 $-lest Total 1996-11 Wheat Taal LINT I......... .... BOND BOEDISI 11 IeserveA A arrl-Over from last Year 11.000 11,00D 11,000 0 0 91,000 0 17.000 11 IIVIIUI 11 Tam leer 59.000 55,000 111,000 114.000 11 15 Interest I miscellaneous Income 6,000 5.000 1 0 0 1 11,000 0 11,000 15 11 Other Income 0 0 it 17 707AL IIVINUI 65.000 60,600 1 1 0 u5,DD0 0 t75,0oo 11 I.... ........... ........... ........... ........... 7E TOTAL AVAIUELI FOIDIN6 151,000 114,000 71,100 0 0 21t,000 0 210,000 11 I ----------- ........... ........... IIP110170115 I 19 load Principal I latereel 11,000 11,001 11,000 I 211,000 211.100 19 to Other Impealturem I 10 tl TOTAL IIPIRDITUIII MAIN MAIN 71,000 1 0 214,000 0 211,100 11 17 Reserves I atr/-over to men year II,00E 71,000 1 1 0 I 0 0 0 Il 43 Next part's Dry period loading Requirements 14,000 11,001 1 1 0 1 0 0 0 43 I ----------- ........... ........... II fund Balaace or (Deficit) 1 1 1 1 0 1 0 1 0 It SUXXAIT 1 15 reserves 6 arrT-Over Pram lost Tear 77,709,DDI 71.619,0DO 11,I70,o00 6.175,000 1,250,000 1 27,201,000 11611,090 21.101,000 IS 16 TOTAL RAMAN 1,811,000 6,611,DOo i,619,000 11.611,001 11611,000 1 47,110,000 Io.I12,00/ 121.512.000 46 I ----------- ........... ----------- 17 TOTAL AVAILABLI FUNDING 11,010,00E 10.15D,Do0 71,011,00E 71.111,000 11,111,000 1 74,619,000 11.110.00E 154.791.000 17 11 TOTAL IIFIADITUIII 10,401,000 15,060,000 11,911,00E 15,563.000 11,111,00E 1 69.151,000 71,I19,000 111,110,000 If I ----------- ........... ........... 19 Iemervei I airy-Over to Next Tear 71,619,00E 14,170,000 1,175,000 1,250,000 1.418,000 1 1,611,00E 11,111.000 11.171.000 11 SD Nest Year', Dry Period Trading lequlreteots 1.M.000 71061,000 7.1711DOO 2.00.400 1,070,000 1 3,070,000 6,175,000 6,115,000 s0 I ----------- ........... ........... 51 FUND BALANCI 01 IDIIIGITI 71,161,00E If J11,000 3,051,001 6.510,000 1,671,000 1 1,420,001 5,196,010 51116,000 51 rllE eel 1121I01 Hi PA Page 1 COMMIT 51117ATTOP DISTRICT 10.1 SCHEDULE B-2 STATINIPT OI PIDJICTID CAST FLOP FISCAL TRANS I117-06 TIIOUG6 1516-97 1192-171 LIPS 1107-11 I111-I1 1119-90 1990.11 1951.92 1 s-fear Total 1996-17 10-1e11 fetal Lin 1 ------------ ........... ............. .... UPSWING FOND 1 I logical, A Carr'-over Nat Last lea. 21012,000 MICRON 1,008,000 3,241,000 1,171,Ooo I 2,012,000 4.291,000 2.112.000 1 1 ----------- ...... MISSION 2 Share Of It W Allocation 1,616,00E 1.711,000 1,151,000 I'lu'000 111101010 1 1,211.000 11,211,000 20,115,100 1 1 fees-industrial Vista 301,006 416,000 511,000 SIMON 411,000 2.611.000 1,151,000 9.067,000 1 1 Suppitle0Ul User mat, 1,300,000 11715,000 2d11,000 3.064,010 1,736,000 12,2Q000 21,911.000 42.112,000 1 s INerest A Piscellneous IN...263,000 200,000 216,100 241,000 215,001 11111,100 21015,000 11224,000 5 A Other revenue 0 0 6 1 ----------- ........... 7 T97AL WINDS 11591,000 1,176,00E 5,003,000 51121,000 6,100,046 25,104.000 19,6111101 74,931,000 7 I ----------- ........... ........... 1 TOTAL ASAILABLI FUNDING 6,409,000 6,124,000 7,891,000 9,017,010 16,111,006 1 20.111,000 53,512,060 77,155,000 0 1 ----------- --- ....... ........... IIPINDIHIES 9 share of Joint York, I A 0 11209,000 3,690,000 1,211,DDO 1,001,000 5,613,060 I 21,631,000 11,201,000 61,140,000 9 10 Collection System N A O MAN Other Spar. in'000 314,000 396,000 456.000 $27,040 I 2,111,000 1,011,000 6,265,000 10 11 Other Impendilur l I 0 0 11 I ----------- .......... ........... 12 TOTAL 11PIND11URIS 3,661,000 1,036,009 4,642,000 S,119,000 6,110,000 1 21,811,000 15.287,000 61,105,00E 12 I ----------- ........... ........... 13 Reserve, A Cirry-o'er to Kell Tear 111111004 2,116000 1,219,00E 1,111,Doo 9,2%oaa 1 1,291,000 1,61s,000 01615,100 II 11 Nell TNT', Dry Period funding Iegllretent, 1,111,000 21611,600 21121,000 2,676,000 1.074,000 I 1,070,000 1,175,000 6,115,000 11 I ----------- ........... ........... 15 fund Balms or (Deficit) 917,010 1701006 121.000 1.060,000 1,12B4Oof 1 1,221,000 2.171,000 2.4?0,001 Is Tm:::2::::: ::::::::::: ::::::::::: 1 :, 16 6upplemastal User Fee, for Siagle Plitt, rendN[! 1261E 111.61 191.52 171.26 115.51 1212.11 16 Supplemnlal Over fee, Increased 201 In 11-19, $Or in 19-9D, 501 to 91.91,nd 20% per year thereafter Suppleaental User lee, allocated to Operating and AID Funds Share of Joint sort, N A 0 NNlaled based on 17.00 NNII Operating fund Balla a maintained at 20% CORE project, booed on preliminary 118E-69 budget estimates No me, debt Outitindiog 1996 CUP, FAA Interest at f40-91 : 112.196,DDO 1121/10 1:J6 PX Page 2 COUNTY 5ANIIATION DISTIICT NO.1 S/ATSNINT 01 PIOJIC71D CAST RON SCHEDULE B-2 FISCAL 11115 1911-00 TBIDOGB 1996-97 119l-911 LINI 017-01 1900-69 1119-90 199041 1991.92 1 S-lar Total 1996-91 10-Year Total LINE CAPITAL/UA0101 11 leseaea a Cap-over It., Last Year 24,101,000 20,047.000 11,117,000 21911,000 12,952.0001 1 24.301,000 11.646,0001 21,301,000 17 I ----------- --------- IIVIIUO IB Colstractlon Grant, 111'000 166,000 164,000 11 19 lea: CalhecLlon 501,000 500,000 500,000 500,000 500,000 1 2.591,000 2,500,000 5,014,000 11 20 Supplaehtal User 300,000 111,000 Q1,000 1,415.000 1,115,000 1,520,000 18,167.000 21,1211000 20 21 Other 69,006 11,000 91,000 11,000 111.000 412,000 596.000 I,D20,000 21 22 Sale of Capacity IIINtA 26,000 111000 77,000 11161.000 11,000 11500,000 200.000 111001000 22 21 Interest a Xlscellaaeous Choose 1,661.000 1,111,000 501,000 0 0 3,100,000 0 1,300.000 21 Other forms 501,000 I SO1,00D 501,000 11 I ----------- ........... ........... 15 TOTAL IIvalul 3,201,000 2,261,000 1,717,000 3,362,000 2,362,000 13,011,000 22,203,000 35,214,000 25 I ........... ........... ........... 21 TOTAL AVAILABLE IVID110 27.511,000 23,108,000 13,114.000 6,29S.000 1170,000) 1 17,315,000 15,557,000 59,510.000 26 I ----------- ........... ........... IIIINOIfUIIS 1 2T Share of Jolht VorA1 TrlAtant Plant 4,311,000 9,322,000 7,115,000 61125.000 3,617,000 1 31,146,000 11,9D1,000 11,150,000 27 10 District Collectlol Stitel I61.000 140,000 115,000 100,000 100,000 1 616,000 200,000 110,000 26 29 CUP Patients 2.126,000 111091000 2,111101 21122.000 2,219,000 111197,000 11,113,000 22,100.000 19 LO Other Ispendltares 0 0 50 I1 TOTAL INTRAMURAL 6,666,000 111171,000 10,201,000 1,247,000 6,016,000 1 11,961,000 23,207,000 67,246,000 11 I ----------- ........... ........... 12 lean.. a CUV-ore, to Neal Tor 20,617,000 11,317,000 21933,010 12.952,000) (6,146,0001 1 (61616.0001 11,130,001) 11,IID,00DI 12 3d21 y11 1:16 IN Page 3 COUNTY SANITATION DISTRICT ID.1 SCHEDULE B-2 STATININT Of FROABCTID CASH PLOY FISCAL TARS 1907-51 THROUGH 1996-97 1192-931 Lill 1967-81 1911-19 1189-90 1990-11 1991-92 1 5-year Total 1196-97 to-Year Total LINT I ------------ ----------- ............. .... BON fDN01s)II 33 Reversal a Cup-ou, from Lest Tear 93.000 14,000 71,000 0 0 1 13,000 0 53,000 33 1 ----------- ........... ... ------- AFFAIR I 31 FAA Levy 59.000 55,000 I 111,000 114,000 31 35 Interest A M cellaeeous Income 6,008 5,000 0 0 0 I 11.000 0 11,000 15 36 Other Income I 0 0 36 I ----------- ........... 37 TOTAL ASPIRIN 65,000 6D,000 0 0 0 [125,000 0 125,000 37 I ----------- ---------- ....._-__-- 31 TOTAL ARAI ill LI FUNDING 138,000 111,000 71,000 0 0 210,000 0 211,000 11 1 ----------- ........... ........... 111IMDITUNIS 1 39 BNDd Principal a Interest 74,000 73,000 71,001 216,000 218,000 39 10 Other Ispmdiures 10 1 ----------- ........... 41 TOTAL IIPN0ITURIS 71,000 73,000 71,000 a 0 216.000 0 211,000 11 1 ----------- _--__- .... _......... 12 Morsel a Carry-Over to Neat rear 14,000 71,000 0 0 0 0 0 0 12 43 Nest Year's Dry Period Fending Regtire,eats B4,000 71,000 0 a 0 0 0 a 43 If Fund Balance or (Deficit[ 0 0 0 0 0 0 0 0 If soxxen I Is Reserves A Cury-ou, Pro, Last year 27,209,000 23,679,ND0 14,296,000 6,182,000 716,000 [ 27,209,000 12,341.000) 21.209,0ND 45 16 TOTAL NAPNIUN 61871.000 6,197,000 6,000,000 9.150.000 9,D12,000 1 30.140,000 11,037,000 110,271,000 16 I ----------- -----.-.... ----------- 17 TOTAL AVAILABLI FUNDING 34,090,000 10,176,000 21.091,000 15,172.000 9,166,DOO I 65,619.000 69.483,000 117,186.D00 17 11 TOTAL AIPINDITNIS 10,401,000 15,880,000 14,911,000 14,586,000 iZ,216,000 I 67,991,000 66.574,000 136,571,000 IB 49 Reserves A Carry-Oyer to Nest Tear 21,679,000 ,291.000 6,112,000 766.000 12,346.0001 I RdI8.000) 915,000 915,010 19 50 lest fear's Dry Period loading Begolrelenls 1,915,000 2,011,000 2,321,000 2.670,000 1.010,000 1 3.070.000 6.175,000 61175,000 50 I .-...... 51 FORD MARCH ON IDIFICIII 21,761,000 12,207,000 1,861,DOa 11,611,000) 15,116,000) 1 0,411.000) 15,260,Da0) 15,260,0001 51 1v21111 2 o IN tole I COUNTS SANDATION DISTRICT 00.1 SCHEDULE C-2 SIAMIUS 01 PIOJICTID CASH FLOW FISCAL TIAAS 1917-10 THROUGH 1116-97 1992.9r1 Lill I111-61 Fill-in FRO-01 1991-11 I991-12 I 5-Year Totll 1916.17 11-fair Total till 1 ------------ ........... ............. .... OPIIATIIG FUND II I Wand 6 Carry-Over FIND fast fair 2,812,101 2,141,000 2,111,011 3,249,004 11731,011 1 2.112,060 11291,160 2,112,010 1 I ........... ........... ........... nvllul 1 2 Abort of le TO All"RUSH 1,646,000 1,785,000 1,654,000 1,926,004 2,001,400 1 112111110 11.221,000 20,115,900 2 1 feet-lodartrlal Dotle 111,000 116,000 513,000 590,100 671,000 2,614,000 61151,000 91061,000 1 a Sappletntll User Fine 1.300.000 1,145,000 2,411.110 11061.000 3,716,000 1 121811116 19,919,000 42.212,001 1 5 INtenst 6 HIIOellloeoul recall 261.000 200,000 211,000 241,001 215,600 1 1,214,000 2,010,000 11224,401 5 6 Offer Revenue 1 0 6 6 I ........... ........... ........... 7 DOTAL 11VIR01 3,591,110 4,174,100 1,001,600 5,621.041 61100,001 1 25,301,000 19,631,000 74,931,156 7 I ----------- ........... .--........ 1 Intel AVAILAS21 FUNDING 611091001 61124,000 7,191,001 5,017,000 10,431.000 1 29,116,000 51,932,000 71,150,000 1 I ----------- ........... ........... IIIIIOIIgels I I Sbare of Jolal Work, 16 0 3,219,061 3,690,004 1,214,001 4.611,000 5,613,000 I 21,617,000 41,203,000 $1,140,000 1 10 Caileatlot Spots N 6 0 oat Offer Open. 452,610 I46,001 1fl,060 451,101 117,001 I 2,111,000 4111a,111 1,2fS,011 10 11 Ogar Uptadltuha 1 0 0 11 I ........... ........... ........... 12 TOTAL 11PINDIT0111 11661,000 11036,600 /1612,110 51111,000 6,140,000 1 13.114,001 45,217,000 69,105,000 12 1 ........... ........... ........... Il Ailerons 6 carry-aver to felt leer 2,7U,000 2,111,000 1,219,610 3,731,000 4,291,000 I 1,211,000 1.645,000 1,645,000 11 n left Mile Dry Period hiding Relulnotats 111111006 210111000 21721,000 21670,001 3,070,000 3,071,010 6.175,000 6,175,000 II I ----------- ........... ........... D long balance or IDeficiti 111,000 110,000 121,000 1,061,160 1,221,000 I 1,221,061 2,471,000 2,171,000 Is 16 Supplearnhl Vier lots for Single hilly Rarldeace SS.ot FIRM 111.6E 151.00 115.10 1279.96 16 Suppleseatel Deer feel increased 10% In 19.19 led thereafter SUPPlelenlll user lees allocated to Operithl and ACO roads Ibire of Joint Norb N 1 0 earileted based on 17.01 actual Openthl land !alien salnleleed it 26% COIF project$ based so prelinlnary 1901-I1 budget «flute, NO her debt cuk,hndlnq 1106 COPs and hterott at 6-10-91 , 132,491,000 roll its lRl/IB 1:06 PH page 1 COUOT SAIITA1f01 015111CP I0.1 SIASIXIBI Of PIOJICTIa CASH aLUR SCHEDULE C-2 SCAL 11A15 1917.91 THROUGH 155691 1991.931 LM 1911.11 1911-a9 1919-10 I110-11 1511-92 1 5-feu fatal 1991i7 II-fear Total Lill CAPITAL enable) liberals I Carryover pro. Last Itar 17 31,301,000 20,047,600 11.511,000 2,926,000 13,810,0001 1 31,101,000 11,155.000) 21,304,000 17 assails Constriction Grants IB fen: Conaectl0o 166.000 161,000 166,001 11 19 Suppleateslal User 514,000 500,000 500,000 500,000 500,000 2,514,000 2,500,004 5,411,000 11 10 Other 111.000 119,000 411,000 614,000 1,014,000 1,999,000 26,117,001 21,716,000 20 11 Sale al capacity li/Ots 11,000 11,000 13,000 91,001 1O'm I 01,000 536,000 11011,000 31 11 Interest I al¢ellanean Income 36,000 14,000 11,000 11169,006 14,000 I 11500.100 110,016 1.700,000 11 11 Other locale 1.661.000 1,147.000 512,004 0 0 I 31120,001 1 3,121.000 0 11 501,000 I 561,001 511,006 11 TOTAL living[ 15 3,209,000 2,435,000 1,616,000 0111000 1.731,000 1 11,502,000 30,011,000 41,515,001 15 TOTAL AVAILAILI IUIIIRG I ........... ........... ........... 16 27.513,006 23.212,006 11.121,019 L1J7,60O 12,071,000) 1 15.106.000 21,151,600 65,111,000 16 upsnaNIIS llese of Joint Rolle Treit.nt Plant 11 District Collection elates 4,377,000 9.333,000 1,715,000 6,125,000 3,671,000 1 11,90,000 IId04,000 13,850,000 37 0 COP sealants 163,000 110,000 1151000 100,000 1001000 1 618,000 1601006 111,000 it 31 Other lspn0ltueo-na Of pgaesti 2,126,010 2,101,000 2,341,000 2.112,000 2,291,000 1 11,10,000 11,101,000 31.516.060 8 30 1 0 a 1a TOTAL 11FII0IMIS I ........... ........... ........... 31 6.661,000 11,771,000 10,1011000 91a,000 6,416.000 I 011f1,O/1 11,117,000 67,110,100 31 leserves 6 Carry-over to sell Tear I """""' ......••.•• 31 t0.B171600 11,511,600 1191C.000 (31910,0001 11,155,0001 1 11.155,1001 II.119.1001 11.119.6001 11 xx ..--....--.. .-- -.- 1 ........-... ........... ........... 1R1111 7:06 PC Page 1 SCHEDULE C-1 COMB SAVITATION DISTIICT 10.1 STATIAIR DI IN01I=CASs FLOW IISCAL TIAIS 1901.81 7110HO 1196-97 1997-91/ LINT till-11 1911-61 1915-10 1110.11 I191-57 I 5-Tear Total 1116.01 10-leer ToW LIAI BOND 1010111 I Battles, 1 Ctrli'over From Last Tear I 11 97,000 11,000 71,000 0 0 91,000 0 51,000 11 liviiiI I ----------- ........... ........... Tar Levy 11 latere,t 6 NUcelloseo0, Form 1,600 $5,010 114,060 111,001 11 SS Other tac0ae 6,619 I'm 1 0 a 11,400 1 11.061 15 16 0 6 16 TOTAL HINDB 17 65,061 61,110 0 a a 175,600 0 115,141 11 DIAL ATAILABLI FUND116 11 156.110 114,000 11.000 1 6 I 211.100 0 211,000 11 111110179115 I ----------- ........... ........... I lead PII,CI9al i Pettiest I 71 Other Isie.dlt,re, 11,001 71,001 71.000 1 711.100 711,610 19 10 I 10 701AL 11f11017Ut1S 11 11,100 13,006 71.001 1 0 111,000 6 211,000 11 le,erve, L Carry-over to Next Tear I ----------- ........... ........... 11 Wert IertY ors Period la,dla9 Ie9,5rnnb 14,000 71,066 0 I 6 I 0 0 0 17 11 14,000 71,000 0 0 0 1 0 6 0 11 road Balance or IDeSdcttl I ----------- ........... ........... 11 0 1 6 1 1 1 0 0 0 11 MAR? I :.....-.... .....-..... ........... leRlee, I Carry-Ow free Last Tear I 4S TOTAL 1I011U1 71,101,011 71.671,610 14.411,061 6,175.000 1f711001 1 27,201,000 11,151,1001 77,201,000 15 16 I,671,066 6,611,600 1,619,010 6,131,901 1,411,660 I 7011.006 19.647.900 116.571.010 16 TOTAL AVAILAILI FUNDING I ----------- ........... .;......... 17 TOTAL IIFIIDITIIBIS 11.010,611 30,354,001 21,061,000 11,514,006 1,1S1,100 1 11,140.041 75,119,000 11 .161,000 11 11 11.411.010 11,110,001 14.911,010 11,516.066 12,214,600 1 67,111,010 61,571,000 136,511,001 11 Were,, 6 CITIT'Ovar to lext year 1......... ........... ........... ........... I ----------- ---------- ........... 19 Vert year's Dq Period Nad1a9 Ne9Ureaeots 71.619,/00 14,110,014 6.175,000 (17,160) 17.151,0001 1 13,157,0001 1.716,000 7,216,000 11 SO 1.915,000 2,011.006 2.111,000 2,670.000 3,070.000 1.070,000 C175.000 6.115,014 56 FUND aware 01 IUIFICITI SI 21,764.000 17,511,000 1,854,000 11.10,0001 16,971,0001 1 16,917,0001 1,141,001 11041.004 SI I T- :::,:::,::: ORDINANCE NO. 111 AN ORDINANCE OF THE BOARD OF DIRECTORS v OF COUNTY SANITATION DISTRICT NO. 1 OF ORANGE COUNTY, CALIFORNIA AMENDING ORDINANCE NO. 109 PERTAINING TO SANITARY SEWER SERVICE CHARGES The Board of Directors of County Sanitation District No. 1 of Orange. County, California, does hereby ORDAIN: Section 1: Table A, as adopted by Section 2 of Ordinance No. 109, is hereby amended to read as set forth in Table A of this Ordinance. Section 2: This Ordinance shall become effective July 1, 1988. Section 3: The Secretary of the Board shall certify to the adoption of this Ordinance and shall cause the same to be published in a newspaper of general circulation in the District as required by law. PASSED AND ADOPTED by the Board of Directors of County Sanitation District No. 1 of Orange County, California, at a regular meeting held ha rman of the Board of D rectors County Sanitation District No. 1 of Orange County, California ATTEST: Secretary of the Board of Directors County Sanitation District No. 1 of Orange County, California TABLE A Basis of Minimum Annual Charge Annual Rate Charge Per Unit Single-Family Charge per 31.68 31.68 Dwellings dwelling unit Multi-Family Charge per 19.02 19.02 Dwellings/Mobile dwelling unit Homes Commercial/ Charge per 1,000 22.68 22.68 Industrial/Other square feet of government building buildings, utilities, non-profit organizations, etc.) J U MEETING DATE March 30, 1988 TIME 4:30 p.m.OISTRICTS 1 DISTRICT I JOINT BOARDS EDGAR)........HOESTEREY... DAVIS)............ARNOLD......_ CRANK)........HANSON...... PICKLER)..........DAY........._ YOUNG)........GRISET...... MURPHY)...........BIGONGER...._ ROTH).........STANTON..... NORBY)............CATLIN...... PLUMMER)..........COX......... DISTRICT 2 PERRY)............CULVER...... KENNEDY)..........EDGAR....... NORBY)........CATLIN......_ _ _ (WINCHELL).........ERSKINE..... FLORA)........MAHONEY..... _ _ (MC CONE)..........GRIFFIN..... PICKLER)......BAY........._ _ YOUNG)...... ......GRISET...... MURPHY).......SIGONGER...._ _ _ (CRANK)............HANSON...... y YOUNG)........GRISET......._ COX)...... ........HART......:._ NELSON):......LEYTON......_'_ EDGAR).. ..........HOESTEREY..._ SCOTT)........NEAL........_ _ _ (EDGAR)............KENNEDY..... TYNES)........NEWTON......_ _ _ (NEL SON).................LEPTON......_ CULVER).......PERRY....... _ _ (FLORA)............MAHONEY..... FASBE NDER)....SILZEL...... PLUMMER)..........MAURER...... PEREZ)........SMITH....... GREEN. P).........MAYS........ ROTH).........STANTON..... AGRAN)............MILLER. S..._ BIGONGER).........MURPHY......_ DISTRICT 3 SCOTT)............NEAL........_ SUTTON)...........NELSON......_ HERMAN).......POLIS ...... TYNES)............NEWTON......_ WEISHAUPT)....SAPIEN...... _ _ (CULVER)...........PERRY......._ DAVIS)........ARNOLD...... HERMAN)...........POLIS......._ PICKLER)......BAY......... STANTON)..........ROTH........_ NORBY)........CATLIN...... _ _ (WEISHAUPT)........SAPIEN......_ PERRY)........CULVER...... _ _ (WILES)............SIEFEN......_ WINCHELL).....ERSKINE....._ _ _ (FASBENDER)........SILZEL......_ MC CONE)......GRIFFIN....._ _ _ (PEREZ)............SMITH......._ YOUNG)........GRISET...... _ _ (ROTH).............STANTON....._ FLORA)........MAHONEY..... _ _ (NELSON)...........SUTTON......_ SCOTT)........NEAL........ _ _ (MILLER. D)........SWAN........_ SUTTON).......NELSON...... _ _ (BERNAL)...........SYLVIA......_ WILES)........SIEFEN...... _ _ (GREEN.H/JOMNSON)..WAHNER......_ ROTH).........STANTON..... _ _ (CLIFT)............WILSON......_ BERNAL).......SYLVIA......_ CLIFT)........WILSON......_ STAFF: DISTRICT 5 SYLVESTER... V BROWN....... COX)..........HART........_ _ _ ANDERSON...._ PLUMMER)......COX alum, R••...._ STANTON)......ROTH........_ _ _ CLARKE......J CLAWSON..... DISTRICT 6 DAWES.......DEBLIEUX...._ JOHNSON)......HAMNER......_ _ = HODGES......_ PLUMMER)......MAURER......— MOLL........_ STANTON)......BOTH........_ _ _ KYLE........LINDER...... DISTRICT 1 DOTER.......STREED...... KENNEDY)......EDGAR......._ _ _ TALEBI...... AGRAN)........MILLER. S...— _ _ VON LANGEN PLUMMER)......COX........._ _ _ NINSOR...... YOUNG)........GRISET...... STANTON)......ROTH........ PEREZ)........SMITH....... GREEN. H).....HAMNER...... _ OTHERS: WOODRUFF....-A_IDE......... DISTRICT 11 HOHENER.....HOWARD...... GREEN. P).....MAYS........ HUNT........ WINCHELL).....ERSKINE..... _ KEITH....... ROTH).........STANTON..... KNOPF.......LINDSTROM..._ DISTRICT 13 LYNCH.......STONE....... BIGONGER).....MURPHY...... _ _ YOUNG....... PICKLE A STANTON)...... DAY......... _ = PEREZ).......SMITHROTH ...... . NELSON)....... SMITH...... ._ NELSON)).......SUTTON......_ DISTRICT 16 AGRAN)........MILLER. S... MILLER. D)....SWAN........ EDGAR)........KENNEDY..... STANTONL......ROTM........_ PEREZ)........SMITH......._ 01/13/88 DISTRICT 1 ADJOURNED MTG. NOTES - MARCH 30, 1988 The Board convened at 5:10 p.m. (rather than the scheduled 4:30 p.m.) because there was not a quorum of Directors present until then. 3 - Verbal status report on long-range financial program The General Manager reported that there are three basic sources for financing Districts' activities: (1) Connection fees paid by new development for new capacity; (2) Their share of ad valorem taxes which finance 100% of 0 & M costs and are paid by everyone; and (3) Supplemental User Fees which the Board adopted in 1984 which are paid by everyone also. These are used for 0 & M costs as well as capital costs. He reviewed the current connection fee schedule and indicated that the proposed increase will not be sufficient to finance capital costs over a 10-year planning horizon. District 1 must increase supplemental user fees or issue additional debt which would also require substantial increases in the supplemental user fee. The major difference is that debt financing would provide the up-front cash needed to finance District projects. The disadvantage is that at the end of the 10-year period, the District would have a substantial increase in outstanding debt. In 1983 the Board approved issuance of Certificates of Participation in the amount of $24.7 million. The General Manager advised that the Board had some time before they would be faced with the decision of where to go in 1989. The is when the current COP Issue runs out. He indicated that staff had prepared three different scenarious based on different assumptions. Gary Streed then reviewed the various scenarios and schedules. JWS added that the treatment plant expansion program projections, which are reflected on line 27 of the schedules, assume that all of the projects are on schedule. The District's share of the treatment plant expansion program is what drives all the Districts' budgets. By showing the Directors the projections if they go on schedule is the worst-cast scenario. The District does have sufficient funds until 1989. The Districts do continue to experience delays in their capital program, such as the central power generation project for 53 million which has been delayed by the SCAQMD permit process. Don't expect permit until Julyy. That shifts the capital expenditures and District 1's share is 10% or about 85 million. The General Manager indicated that by July staff would have some preliminary information from consulting engineer's updated Master Plans. That information will help determine financial needs. He advised that a draft ordinance had been prepared increasing the user fee by 20% as directed by the Board last year. Under any of the described scenarios the Board is going to have to give serious consideration to accellerating the connection fees, so for comparative purposes, the staff showed what an increase of 30% would provide. Mr. Sylvester reported that District 6 had met the previous week and they have a similar problem. They have been escalating their fee annually and just increased it to the amount shown on the sheet passed out to Directors by Gary Streed. Four Districts have supplemental user fees. Hoesterey said he was concerned about going out and acquiring additional debt burden when capital requirements are not solidified. Would rather transition to a higher fee rate. Griset asked how staff arrived at scenario using 20%, 50% & 20% increases? He was advised that this is what was needed to meet cash flow requirements. Griset also agreed he wanted to defer any action on incurring more debt but would support an increased fee adjustment. MOVED to adopt 20%, 50% & 20% increases. Directors were advised that the proposed ordinance relates to fees to be effective July 1, 1988. This time next year staff would be back with updated information and the Board at that time could set for for the following year and thereafter. It is a year-by-year decision. Hoesterey stated he wanted to spread out the increased rates. Asked how to get District 1 back to a normal situation. For three years they have been in a negative situation. How can we fix this problem? The General Manager explained that the major impact putting them in this deficit position was the decision of the Boards in forming District No. 14 and because of Prop. 13, they changed the allocation formula re joint works facilities from A.V. and flow to a formula that only takes into account flow. This cost District 1 $6 million to catch up. Mr. Sylvester then referred to Scheduele C-2 which is an attempt by staff to have a systematic way to consider the long-term needs. Under that assumption no additional debt is incurred but the District would raise fees 30% for 10 years. District 1 is pretty close to being even at the end of 10 years. Hoesterey commented that there is some pretty aggressive spending in 1991-92 that they probably won't really spend anyhow. Griset withdrew previous motion and MOVED to incorporate C-2 figures into Ordinance No. 111 providing for 30% annual increase. MOTION SECONDED by Hanson. Motion CARRIED. 4(a) Report of General Counsel re Ordinance No. 111 Tom Woodruff reported that the staff report has been prepared as required by the Government Code and has been available for public inspection, as required. The service fees will not exceed the cost of providing the service and, therefore, it is a valid fee. 2- r L: i iks,C- sa.urcL--S s?ov- r-iN+Ncwc 91 , /4-'nv,'neS IlfoNn z n.fj rt's - eA-1 $1( Nt tiv (b1<Z oPM N POOL N sewa r VR'ld Ct M m+n/l- (n+n flJ. L°yt-lant - f1eVt otM cesT; D lSuyr to tt usavc = — Pn,o Yi ( L vt /atiL' - r" `YL t1a o t M Aa9 244'R VeD TKO-A- - Cuyflt t"N1 C.ewa 2.n.o n, r- Tau/u.e l(l" LAN,r 1, 43ov (INr,) 1'roYl NuN-(LeS,nL't.,'f h` (Lo'P YtTyl ,4'p uhTL( 4wt'>CS JJ flk Gx of NEW S11MAA C*tm,T`j T'AL Po vkl-artt v til" es$ Y*D ll- QU2?LoYI i•: or "lkC su PP LLsMC*J-j-,tL Ms M rC UA 1 t- SC Stir-Fcft-Njr rt,. Q'ItJ(, D ?/1n CosriVi R m.1tr IAFiIT I'0 `/.}C.j or- zo / A-, 02trvlbuSV/ Cnit (2a*RD rr.ev-YL cNR-TnIn1cR r t;vNor,skl=r- u l T mD r-,,kNcr C/}11'ft COSTS P+oK. Cla..k•1'I l I A"M u u A N 0 \MPr uL( p i n,u Liu T' QC- ulTt-iV cH rnln 4.10( , o IUMS A\1MLHSLC Gv `/otl .ove-tjulN(, o J 74jt:: SwterAl-,n AL y I NCQC'KS' b rW Su m rmtl-lI`j L Mnt V=L'i= o L IDIEfSs rnt r trUfo W41c a UAUL0 IrLSO Jf nnw?c A n I?Jt(Q(CfcA= IQ A-ou U=eY r-eL i T14kT errs r f-,jjApf10 weuL,I) BOV L l}c uP-fity C Sh{ L or- htL ro / Puru r wu, c h S6nn ruv7u/ iII, 1 hWk- (j rklh t 2Y a0 CunS Yk i<rvD tyT F'ftj JCIM6 tto ce>.m CtP>rh- eesTi Ttrta.eb µ19 8 9 0.'fuu'fr d, yam.,'` 1'-+2tC U.ICU LsCl Sloe OAl Wltit ZL 'N Go (hteln r+ c i otJ VA-I to A S Stl/KQT NS dlrr T_ U eUt7 U lc y KSK MYC 4"lt ^ o gegj) — v fuvL yLRA W&, COUNTY SANITATION DISTRICT NO. 1 OF ORANGE COUNTY, CALIFORNIA MINUTES OF ADJOURNED REGULAR MEETING March 30, 1988 - 4:30 p.m. 10844 Ellis Avenue Fountain Valley, California Pursuant to adjournment of the regular meeting of March 9, 1988, the Board of Directors of County Sanitation District No. 1 of Orange County, California, met in an adjourned regular meeting at the above hour and date. The Chairman called the meeting to order at 5:10 p.m. The roll was called and the Secretary reported a quorum present. DIRECTORS PRESENT: Ronald B. Hoesterey, Chairman, Dan Griset, Robert Hanson and Roger R. Stanton DIRECTORS ABSENT: None STAFF MEMBERS PRESENT: J. Wayne Sylvester, General Manager, Rita J. Brown, Secretary, Thomas M. Dawes, Gary G. Streed, W. N. Clarke OTHERS PRESENT: Thomas L. Woodruff, General Counsel , and Don E. Smith x x x x x x x x x x x x x x x x x x U date on lam -ran a financial The General Manager reported that in program an cons era on of 1984 District No. 1 adopted its amendments to existing sanitary long-range financial plan. This plan sewer service charges established one-time sewer connection fees for new development to finance facilities expansion, and a supplemental user fee to make up a shortfall in ad valorem tax revenues and provide the additional financing necessary for both operations and maintenance as well as major facilities rehabilitation. The financial plan was adapted after considerable study to avoid projected short and long-range funding shortfalls in revenues required to finance the District's operating and capital expenses, which are escalating due to the rising cost of meeting environmental and public health standards established by state and federal regulatory agencies. Mr. Sylvester advised that the plan has since been modified and he reviewed the current fee schedule, as follows: Single-Family Multi-Family Commercial/Ind/ Fee Type Residential Residential Governmental/Other One-time Connection $1,500 per 1,500 per 300 per 1,000 sq. Fee dwelling unit dwelling unit ft. of building Annual User Fee 26.40 per 15.85 per 18.90 per 1,000 dwelling unit dwelling unit sq. ft. of building 03/30/88 r ' District 1 He further reported that in 1986 the Board also elected to issue $24,700,000 in Certificates of Participation (COP's) in concert with Districts Nos. 2 and 3 to finance District 1's share of ,joint treatment works construction for the next three years and to purchase additional equity in the ,joint treatment works to reflect the new flow-based ,joint works equity formula. Although the annual debt service for the COP's is approximately $2.3 million, last year the Board decided against an increase in the basic user fee rate but did direct staff to budget annual increases of 20% for subsequent years. Mr. Sylvester further advised that the staff's financial projections continue to reflect funding shortfalls, particularly in the capital accounts. Estimates indicate that District No. 1 will exhaust its capital funds as soon as 1990-91, and the Board will have to make a decision on how to best finance the District's share of the treatment plant construction and the trunk sewer construction. The Acting Director of Finance then reviewed three alternative proposals for the Board's consideration which could provide funding to finance the District's needs. Each financial scenario was based on different assumptions. The first reflected the annual 20% increase in supplemental user fees over the next ten years, as previously directed by the Board, and the current connection fee schedule. Although connection fee rates will continue to rise as the cost of constructing sewerage facilities escalates, connection fee revenues will be inadequate for financing all of the District's capital needs. The annual user fee increase will basically cover only the escalating operating and maintenance costs. This scenario reflects a capital funding deficit in 1990-91 of $5,091,000 and a projected deficit in 1996-97 of $29,658,000. Mr. Streed reported that one source of additional capital funds would be the issuance of $10 million of additional Certificates of Participation. This would be sufficient to fund any contemplated District 1 sewer rehabilitations, as well as the ,)Dint works projects for rehabilitation/reconstruction for the next five years, and would be almost sufficient for the 10-year planning period. Retirement of the certificates could be made by further increasing the supplemental user fee by 20% next year, 50% in 1989-90 and 1990-91, and 20% thereafter to pay the additional annual debt service of $977,000. The projected capital fund balance in 1997 under this alternative would be a negative $3,939,000. Mr. Streed also reviewed a schedule which provided for an annual 30% increase in the user fee beginning in 1988-89. The 1997 capital fund balance under this alternative would be a positive $2,726,000. It was pointed out that under each of these alternatives, at the end of the 10-year planning period, the outstanding debt service for the new COP issue would be $17,586,000. When added to the outstanding debt service for the 1986 issue, the total outstanding debt in 1997 would be $50,094,000. A third alternative would be to not issue any additional debt certificates but to raise the annual user fee by an amount basically equivalent to what the debt service would be and to use those fees directly for capital needs. Staff pointed out that the advantage of this alternative is that at the end 2- 03/30/88 District 1 of the 10-year planning period the capital fund balance is relatively close to the second alternative, but the District is not faced with an additional i outstanding debt of $17,586,000 in 1997. The main disadvantage is that the cash is not received "up-front" in the early years when the need is projected for capital funds. The Directors then entered into a discussion of the various alternatives available to them to provide the necessary funding to meet the anticipated needs of the District. Staff pointed out that the user fee rates will have to continue to escalate - and at an accelerated pace - to maintain the District's financial integrity. However, there are several unknowns that will have a major impact on the District's cash flow requirements. The General Manager added that the District's major funding shortfalls are for capital financing. The projections reviewed by staff assume that all construction projects proceed on schedule. Thus, the estimates can be considered "worst case" scenarios. However, the Districts continue to experience delays in major projects such as the Central Power Generating System because of SCAQMD requirements. Further delays in this $53 million project, of which District 1's share is $5.5 million, would also delay, or at least spread out, the need for capital funds. The same is true for other capital projects. The Districts hope to have a decision on the Central Power Generating Project from SCAQMD by July. In addition, by July the consulting engineers will have provided preliminary information on the updated Master Plan for Joint Works that will be incorporated into the new budgets. Because of the major impact of the Joint Works capital projects on the District's cash flow and overall funding needs, staff recommended that consideration of any major changes to the District's long-tern financial plan be held in abeyance until some of these unknowns are better focused. No change in the connection fee schedule was recommended as the current fee pays the basic cost of sewage system capacity for new development. Mr. Sylvester then reviewed the draft ordinance included with the agenda material which provides for an increase in the supplemental user fees of 20% in 1988-89, as previously directed by the Board, as follows: Single-Family Multi-Family Commercial/Ind/ Fee Type Residential Residential Governmental/Other Annual User Fee 31.68 per 19.02 per 22.68 per 1,000 dwelling unit dwelling unit sq. ft. of building The General Manager observed that the projections clearly indicate that the District would soon have to accelerate the user fee increases and with that in mind, reported that staff had drafted a user fee structure providing for a 30% increase in supplemental user fees for the Board's consideration as the accelerated schedule would better offset future projects and funding shortfalls. If this schedule were adopted, it would increase the fees beginning in 1988-89 as follows: Single-Family Multi-Family Commercial/Indust. Fee Type Residential Residential Governmental/Other Annual User Fee 34.32 20.60 24.57 d Following further discussion it was the consensus of the Directors that it was in the District's best interest to adopt the 30% increase to help maintain the District's fiscal integrity. 3- 03/30/88 District 1 First reading of proposed It was moved, seconded and duly Ordinance No. III carried: That Ordinance No. 111, An Ordinance of the Board of Directors of County Sanitation District No. 1 of Orange County, California, Amending Ordinance No. 109 Pertaining to Sanitary Sewer Service Charges, be read by title only; and, FURTHER MOVED: That reading of said entire ordinance be, and is hereby, waived. Following the reading of Ordinance No. Ill by title only, it was then moved, seconded and duly carried: That Ordinance No. 111, An Ordinance of the Board of Directors of County Sanitation District No. 1 of Orange County, California. Amending Ordinance No. 109 Pertaining to Sanitary Sewer Service Charges, be introduced, as amended by the Board, and passed to the second reading on April 13, 1988, at 7:30 p.m., at the District's administrative office. Adjournment Moved, seconded and duly carried: That this meeting of the Board of Directors of County Sanitation District No. 1 be adjourned. The Chairman then declared the meeting so adjourned at 5:42 p.m., March 30, 1988. Secretary, Boar of 0 rectors County Sanitation District No. 1 of Orange County, California 4- STATE OF CALIFORNIA) SS. COUNTY OF ORANGE j Pursuant to California Government Code Section 54954.2, I hereby certify that the Agenda for the Adjourned Regular Board Meeting of District No. J— held on \4&XAX— 3 O 19 was duly posted for public inspection at the main lobby of the District's offices on a3 19 %,70'. IN WITNESS WHEREOF,3WHEREOF, I have hereunto set my hand this e1 day of tAAJII 19 . Rita J. Brown, Secretary of the Board of Directors of Cout}ty Sanitation District No. 1 of Orange County, California