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HomeMy WebLinkAbout1997-03-12,,., ~ i1..:e otthe S0cre )ounty Sanitation DlstQ2{s, d t! ~ 4--4.?t 5' IR1 ¼, /4 '$N7 MAR 2 61997 DRAFT County Sanitation Districts of Orange County, California P.O. Box 8127 • 10844 Ellis Avenue Fountain Valley, CA 92728-8127 Telephone: (714) 962-2411 . __ /K MINUTES OF FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITTEE Wednesday, March 12. 1997, 5:30 P.M. A meeting of the Finance, Administration and Human Resources Committee of the County Sanitation Districts Nos. 1, 2, 3, 5, 6, 7, 11, 13 and 14 of Orange County, California was held on Wednesday, March 12, 1997, at 5:30 p.m., at the Districts' Administrative Offices. ROLL CALL The roll was called and a quorum declared present, as follows: Committee Directors Present: George Brown, Chair John J. Collins, Joint Chair Jan Debay Barry Denes Norman Eckenrode Mark Murphy Thomas Saltarelli Mark Schwing William G. Steiner Peer Swan, Vice Joint Chair Committee Directors Absent : None Other Directors Present: None Staff Present: Donald F. McIntyre, General Manager Judith A Wilson, Assistant General Manager Ed Hodges, Director of General Services Admin. David Ludwin, Director of Engineering Mike Peterman, Director of Human Resources Gary Streed, Director of Finance Michelle Tuchman, Director of Communications Nancy Wheatley, Director of Technical Services Chris Dahl, Information Technology Manager Steve Kozak, Financial Manager Mike White, Controller Lenora Crane, Committee Secretary Others Present: Terry Andrus, General Counsel APPOINTMENT OF A CHAIR PRO TEM No appointment was necessary. PUBLIC COMMENTS No comments were made. APPROVAL OF MINUTES It was moved, seconded and duly carried to approve the draft minutes of the February 19, 1997, meeting of the Finance, Administration and Human Resources Committee. ', Minutes of Finance, Admin. und Human Resources Committee 1 Page 2 March 12, 1997 REPORT OF THE COMMITTEE CHAIR The Committee Chair had no report. REPORT OF THE GENERAL MANAGER General Manager Don McIntyre reported that staff is currently involved in the 1997-98 Budget process and it is expected to be presented to the Committee on schedule. Staff is also completing a five-year staffing forecast which will be presented to the Committee next month. The staffing plan is consistent with the Districts' program to reduce staffing by 5% in the first three years and, in some cases, it goes beyond three years to four or five years. REPORT OF ASSISTANT GENERAL MANAGER -ADMINISTRATION The Assistant General Manager of Administration Judy Wilson announced that there would be no closed session tonight to discuss labor negotiations, since there was nothing to report. She advised that we are ready to sign contracts with OCEA and 501, once the contracts are in final fonn. Negotiations with the Supervisory/Professional group (SPMT) has made very little progress. Judy advised she, Don McIntyre and Mike Petennan will be meeting with Mark Reed, SPMT's negotiator, during the ear1y part of next week to convey the Districts' position very clearly. It is expected that negotiations will be very difficult. Both sides are close to declaring an impasse. Mrs. Wilson responded to Committee questions that if an impasse is declared, the next logical step would be to work with a mediator rather than unilaterally implementing the contract. Since the SPMT's contract does not expire until July 1, 1997, no retroactive pay would be involved during an impasse situation. REPORT OF ASSISTANT GENERAL MANAGER -OPERATIONS The Assistant General Manager of Operations had no report. REPORT OF THE DIRECTOR OF FINANCE Finance Director Gary Streed advised the Committee that the reports before them were distributed just prior to the meeting. A one-page summary of the 1997-98 Budget Policies and Issues reflects the changes the Committee made in February. This summary was included in the February Board package. The monthly Treasurer's Report was also distributed prior to the meeting in accordance with policy. A brief report entitled "A Look at PIMCO, the Districts' External Investment Management Finn," was prepared in response to Director Sullivan's request at the February Joint Boards meeting. The reports explains the Districts' investment practice and the use of external managers, and was provided for the Committee's review prior to the Board mailing next week . Chair Brown requested that the Committee review the report and direct any questions to Gary Streed within a week Mr. Streed reported that the monthly COP monitoring report mailed to the Committee in the agenda package reflects rates at the end of February. Rates are typically at their highest at month's end and go down at the beginning of the month . Mr. Streed stated that since the mailing, rates have gone down considerably. Today rates are 1.75% and 1.85%, and are at the lowest they have been since July of last year. Minutes of Finance, Adi~ and Human Resources Committee Page 3 March 12, 1997 REPORT OF THE DIRECTOR OF HUMAN RESOURCES The Director of Human Resources Mike Peterman reported that the first hearing concerning the workplace investigation was scheduled to begin on Tuesday, March 11, however, it was continued until Friday, March 14. The hearings will take place at the Districts. The Human Resources Department will be moving into the new HR building this weekend. REPORT OF THE DIRECTOR OF GENERAL SERVICES ADMINISTRATION The Director of General Services Ed Hodges requested that item 2 on tonight's Agenda under "Informational Presentations, n Plant Automation Demonstration, be rescheduled to a later date. Mr. Hodges explained his staff was having technical problems with the presentation due to the limitations of the communications equipment in the Administration Building. The Committee approved Mr. Hodges' request. REPORT OF THE DIRECTOR OF COMMUNICATIONS The Director of Communications Michelle Tuchman reported that in this morning's Register, on Page 1, there was a story about lab tests conducted on a deceased dolphin that washed ashore in Huntington Beach last year. The article stated that tissue analysis of the dolphin indicated there were lower levels of toxic chemicals found than were found in samples tested in 1988, which may indicate a trend. The lab that did the testing was the Districts' lab. We plan to do additional testing, if there are other dead sea lions and dolphins. There have been 25 responses to our Legislator Day invitations scheduled for May 2. Tomorrow we will be calling Orange County delegation officers to see if they did receive the invitations, and to inquire if they will be attending. Mrs. Tuchman also reported that today we had our first all employee teams meeting and lunch. She advised that 77 employees representing 11 Committees attended the luncheon meeting. The purpose of the meeting was educational; to share information about what the teams are doing, to develop a network, and to look at new ways to work together for the benefit of the Districts. REPORT OF GENERAL COUNSEL General Counsel had no report. CONSENT CALENDAR ITEMS CA -Cl A. FAHR97-17: RECEIVE AND FILE TREASURER'S REPORT FOR THE MONTH OF FEBRUARY 1997 (All Districts): The February Treasurer's Report was handed out at the FAHR Committee meeting in accordance with the Board- approved Investment Policy, and in conformance to the Government Code requirement to have monthly reports reviewed within 30 days of month end. RECOMMENDED ACTION: Receive and file Treasurer's Report for the month of February 1997 and forward to the Joint Boards. Minutes of Finance, Admin. ctnd Human Resources Committee Page4 March 12, 1997 B. FAHR97-18: c. FAHR97-19: CERTIFICATES OF PARTICIPATION (COP) REPORT (All Districts): RECOMMENDED ACTION: Receive and file this information-only item. EMPLOYMENT STATUS REPORT (All Districts): Total head count at the Districts as of February 27, 1997 RECOMMENDED ACTION: Receive and file this information-only item. MOTION: A motion was made, seconded and unanimously carried to approve recommended actions for items specified as A through C under "Consent Calendar." ACTION ITEMS 1. FAHR97-20: 1997-98 USER FEES, COMMERCIAL FEES, ANNEXATION FEES (All Districts) RECOMMENDED ACTION: This report was prepared as a discussion paper. Three options were presented: 1) No fee increase in 1997-98. 2) A small increase in 1997-98 and reconsider fees in 1998-99. 3) Adoption of a program to increase fees in predetermined steps over time. COMMITTEE DISCUSSION: The FAHR Committee discussed the advantages and disadvantages of each of the options, as well as policy issues such as accumulated funds balances, the role of the Rate Advisory Committee and the Strategic Plan process, compliance with Prop 218, and the continuing transfer of $3.5 Million of the Districts' share of property taxes to the State. MOTION: It was moved, seconded, and duly carried to recommend that the Joint Boards approve Option 3 to adopt a program to increase fees in predetermined steps over time. There were 6 votes in favor of the motion, with 4 opposed. For the record, those Directors who opposed the motion cited their concern about agreeing on a concept without having all of the facts, figures and details, as well as their concern about the issues of accumulated fund balances in some of the Districts. The Committee also directed staff to bring this item back to the FAHR Committee in April to conduct a workshop which will review District-by- District user fees, and analyses of other options, including adjusting fees so that sources and uses of funds are equal. Should the Committee decide to recommend a fee increase, the individual District Boards will need to act at their April meeting in order to meet the time line to get the proper fees on the tax bills. Minutes of Finance, Adi . and Human Resources Committee Page 5 March 12, 1997 INFORMATIONAL PRESENTATIONS None. CLOSED SESSION The Closed Session was canceled. OTHER BUSINESS, COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IF ANY There were none. MATTERS WHICH A DIRECTOR WOULD LIKE STAFF TO REPORT ON AT A SUBSEQUENT MEETING There were none. MATTERS WHICH A DIRECTOR MAY WISH TO PLACE ON A FUTURE AGENDA FOR ACTION AND STAFF REPORT There were none. FUTURE MEETING DATES The next Finance, Administration and Human Resources Committee Meeting is scheduled for Wednesday, April 9, 1997, at 5:30 p.m. ADJOURNMENT The meeting was adjourned at 6:55 p.m. ~~ ~ Lenora Crane Finance, Administration and Human Resources Committee Secretary H:\WP.DTA\FIN\221 0\CRANE\FPC.MTG\FAHR.97\MAR\3MIN.97 STATE OF CALIFORNIA ) ) ss. COUNTY OF ORANGE ) Pursuant to California Government Code Section 54954.2, I hereby certify that the Notice and the Agenda for the Finance, Administration and Human Resources meeting held on March 12, 1997, was duly posted for public inspection in the main lobby of the Districts' offices on March 6, 1997. Posted: By: IN WITNESS WHEREOF, I have hereunto set my hand this 12th day of March 1997. Penny Kyle, Secretar e of the Boards of Directors of County Sanitation Districts Nos. 1, 2, 3, 5, 6, 7, 11, 13 & 14 of Orange County, California H:\WP.DTAIFIN\2210\CRANEIFPC.MTG\FAHR.97\MAR\CERTP003.97 March 5, 1997 DISTRIBUTION FAHR COMMITTEE MEETING PACKAGE Full Agenda Package Committee 13 & Mailing List Donald F. McIntyre 1 Blake P. Anderson 1 Judith A. Wilson 1 Brad Cagle 1 Gail Cain 1 Corina Chaudhry 1 Dan Dillon 1 Marc Dubois 1 Linda Eisman 1 Jeff Esber 1 Ed Hodges 1 Steve Kozak 1 Penny Kyle 2 David Ludwin 1 Greg Mathews 1 Chris Dahl 1 Bob Ooten 1 Mike Peterman 1 Gary Streed 1 Michelle Tuchman 1 Terri Josway 1 Dan Tunnicliff (H.R.) 1 Rob Thompson 1 Bill Webster 1 Nancy Wheatley 1 Mike White 1 Lenora Crane 1 File 1 Extras 6 Notice, Agenda, Mins., Etc. 10 Posting 1 Jean Tappan (include Mins) 1 Angela Holden 1 Frankie Woodside 1 Patricia Magnante 1 Janet Gray 1 Fawn Elizondo 1 Guard Shack (Ed Hodges) 1 Extras 3 (3-hole punched) (3-hole punched) (3-hole punched) (3-hole punched) Ron Zenk, Dist. 14 Treasurer's Report Only le H:\WP.DTA\FIN\2210\CRANE\FPC.MTG\DISTLST.97 phone: (714] 962-2411 mciinrtg address: P.O, B_o,x 8127 Feunta!n Vall9Y., CA 82728-8127 sb'eet adi;lressi 10844 EUia: Avam,1~- FounliBln Valley, CA 82708-7018 Member Age.nci,as • Cities Anaheim Brea Buena Park Cypress FarJncain Valley Fu/Jar/ion Hunr;fngcon Beach Irvine La Habra t.s Palma Lo:; Alamitos NeWPort Beach Dr.ange Plaaen/ia S"an'ia Ana Seal Baaoh Srtancon Tustin Villa Park Yorba Linda C3ounty of Orange Sanitary OJstriQts Costs Mesa Garden Grove Midway City Waten Districts- 1,,vme Ranch ') ) COUNTY """rlNITATION DISTRICTS OF •RANGE COUNTY, CALIFORNIA March 5, 1997 NOTICE OF-MEETING FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITTEE COUNTY SANITATION DISTRICTS NOS.1, 2, 3, 5, 6, 7, 11, 13AND 14 OF ORANGE COUNTY, CALIFORNIA WEDNESDAY. MARCH 12, 1997 -5:30 P.M. DISTRICTS' ADMINISTRATIVE OFFICES 10844 ELLIS AVENUE FOUNTAIN VALLEY, CALIFORNIA 92708 A regular meeting of the Finance, Administration and Human Resources Committee of the Joint Boards of Directors of County Sanitation Districts Nos. .1, 2, 3, 5, 6, 7, 11, 13 and 14 of Orange County, California, will be held at the above location, time and date. A Public Wastewater and Environmental Management Agency Committed to Protecting the Environment Since 1954 FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITTEE TENTATIVELY SCHEDULED MEETING DATES FAHR Committee Joint Board Month Meetings Meetings March March 12, 1997 March 26, 1997 April April 9, 1997 April 23, 1997 May May 14, 1997 May 28, 1997 June June 11, 1997 June 25, 1997 July July 9, 1997 July 23, 1997 August August 13, 1997 August 27, 1997 September September 10, 1997 September 24, 1997 October October 8, 1997 October 22, 1997 November November 12, 1997 November 19, 1997 December December 10, 1997 December 17, 1997 January January 14, 1998 January 28, 1998 February February 11, 1998 February 25, 1998 March March 11, 1998 March 25, 1998 A·GENDA REGULAR MEETING OF THE FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITTEE ROLL CALL COUNTY SANITATION DISTRICTS NOS.1, 2, 3, 5, 6, 7, 11, 13AND 14 OF ORANGE COUNTY, CALIFORNIA WEDNESDAY, MARCH 12, 1997 AT 5:30 P.M. ADMINISTRATIVE OFFICES 10844 Ellis Avenue Fountain Valley, California 92708 APPOINTMENT OF CHAIR PRO TEM. 1·F NECESSARY AGENDA In accordance with the requirements of California Government Code Section 54954.2, this agenda has been posted in the main lobby of the Districts' Administrative Offices not less than 72 hours prior to the meeting date and time above. All written materials relating to each agenda item are available for public inspection in the Office of the Board Secretary. In the event any matter not listed on this agenda is proposed to be submitted to the Committee for discussion and/or action, it will be done in compliance with Section 54954.2(b) as an emergency item or that there is a need to take immediate action which need came to the attention of the Committee subsequent to the posting of the agenda, or as set forth on a supplemental agenda posted in the manner as above, not less than 72 hours prior to the meeting date. · PUBLIC COMMENTS All persons wishing to address the Finance, Administration and Human Resources Committee on specific agenda items or matters of general interest should do so at this time. As determined by the Chair, speakers may be deferred until the specific item is taken for discussion and remarks may be limited to five minutes. Matters of interest addressed by a member of the public and not listed on this agenda cannot have action taken by the Committee except as authorized by Section 54954.2(b). March 12, 1997 RECEIVE, FILE AND APPROVE MINUTES OF PREVIOUS MEETING Recommended Actien: Receive, file and approve draft minutes of the February 19, 1997, Finance, Administration and Human Resources Committee meeting. REPORT OF COMMITTEE CHAIR REPORT OF GENERAL MANAGER REPORT OF ASSISTANT GENERAL MANAGER -ADMINISTRATION REPORT OF ASSISTANT GENERAL MANAGER -OPERATIONS REPORT OF DIRECTOR OF FINANCE REPORT OF DIRECTOR OF HUMAN RESOURCES REPORT OF DIRECTOR OF GENERAL SERVICES ADMINISTRATION RE-PdRT OF DIRECTOR OF COMMUNICATIONS RE.PORT OF GENERAL COUNSEL CONSENT CALENDAR ITEMS --------····· ................................................................................................................................................................................................................ .._ .. .._ ........ _. .......................................................... . . . . . . . . . . . All matters placed on the consent calendar are considered as not requiring discussion or further explanation and unless any particular item is requested to be removed from the consent calendar by a Director, staff member or member of the public In attendance, there will be no separate discussion of these items. All items on the consent calendar will be enacted by one action approving all motions, and casting a unanimous ballot for resolutions included on the consent calendar. All items removed from the consent calendar shall be considered in the regular order of business. Members of the public who wish to remove an item from the consent calendar shall, upon recognition by the chair, state their name, address and designate by number the Item to be removed from the consent calendar. The Chair will determine if any items are to be deleted from the consent calendar. ' . I••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••-••••••••••-••·•••••••••••••••••••••••••••••-•••••••••••••••••••••••••••••••••••••••••••••••••••••••.,! A. FAHR97-17: RECEIVE AND FILE TREASURER'S REPORT FOR THE MONTH OF FEBRUARY 1997 (All Districts): The February Treasurer's Report will be handed out at the FAHR Committee meeting in accordance with the Board- approved Investment Policy, and in conformance to the Government Code requirement to have monthly reports reviewed within 30 days of month end. RECOMMENDED ACTION: Receive and file Treasurer's Report for the month of February 1997 and forward to the Joint Boards. 2 March 12, 1997 CONSENT CALENDAR ITEMS CONTD. 8. FAHR97-18: CERTIFICATES OF PARTICIPATION {COP) REPORT {All Districts): RECOMMENDED ACTION: Receive and file this information-only item. C. FAHR97-19: EMPLOYMENT STATUS REPORT {All Districts): Total head count at the Districts as of February 27, 1997. RECOMMENDED ACTION: Receive and file this information-only item. END OF CONSENT CALENDAR Consideration of items deleted from Consent Calendar, if any. Consideration of one motion to approve all agenda items appearing on the Consent Calendar not specifically removed from same. ACTION ITEMS 1. FAHR97-20: 1997-98 SEWER SERVICE USER FEES {All Districts) RECOMMENDED ACTION: This report was prepared as a discussion paper. Three options are presented: 1) No fee increase in 1997-98. 2) A small increase in 1997-98 and reconsider fees in 1998-99. 3) Adoption of a program to increase fees in predetermined steps overtime. It is recommended that the Committee recommend one of these three options. In the event that the Committee selects option 2 or option 3, the impacted Districts must take a formal action at the April meeting. Because these issues are complex, the FAHR Committee may wish to schedule a special workshop prior to its April 1 O meeting in order to meet the necessary deadlines. {Judy Wilson\Gary Streed -30 minutes) INFORMATIONAL PRESENTATIONS 2. FAHR97-21: PLANT AUTOMATION DEMONSTRATION {All Districts) RECOMMENDED ACTION: This is an informational item only. {Ed Hodges/Rob Thompson -20 minutes) 3 March 12, 1997 CLOSED SESSION l During the course of conducting the business set forth on this agenda as a regular meeting of the ! Committee, the Chair may convene the Committee in closed session to consider matters of i pending real estate negotiations, pending or potential litigation, or personnel matters, pursuant to i Government Code Sections 54956.8, 54956.9, 54957 or 54957.6, as noted. I Reports relating to (a) purchase and sale of real property; (b) matters of pending or potential litigation; (c) employee actions or negotiations with employee representatives; or which are exempt from public disclosure under the California Public Records Act, may be reviewed by the Committee during a permitted closed session and are not available for public inspection. At such . time as final actions are taken by the Committee on any of these subjects, the minutes will reflect l all required disclosures of information ............................................................................................................ . 9. Convene in closed session. (a) Confer with Districts' Negotiator re pending MOU Labor Negotiations (Government Code Section 54957.6). 10. Reconvene in regular session. 11. Consideration of action, if any, on matters considered in closed session. OTHER BUSINESS, COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IF ANY MATTERS WHICH A DIRECTOR WOULD LIKE STAFF TO REPORT ON AT A SUBSEQUENT MEETING MATTERS WHICH A DIRECTOR MAY WISH TO PLACE ON A FUTURE AGENDA FOR ACTION AND STAFF REPORT FUTURE MEETING DATES The next Finance, Administration and Human Resources Committee Meeting is scheduled for April 9, 1997. NOTICE-TO COMMITTEE MEMBERS -----. -···· -. --···· .......... -------...... -···-· ......... -----------..................... --. ------·-.. -........ ·•··· ........................ ···--·---·-· ........................ , ............. . If you have any questions on the agenda or wish to place any items on the agenda, Committee members should contact the Committee Chair or Secretary ten days in advance of the Committee meeting. Committee Chair: Comm. Secretary: George Brown Lenora Crane (310) 431-2185 (714) 962-2411, Ext. 2501 (714) 962-3954 (FAX) : : I Asst. .comm .. Secreta.ry: .......... Frankie Woodside ...... J714}. 962-2411,. Ext .. 3001 ................................... l le H:IWP.DTAIFIN\2210\CRANEIFPC.MTGIFAHR.971MARIAGENDA3.97 4 ROLL CALL FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITTEE MEETING DATE: MARCH 12.1997 COMMITTEE MEMBERS GEORGE BROWN (Chair) •.•............................••................. JOHN J. COLLINS (JC) ...•.•...•.•.•......................................... JAN DEBAY ......................................................................... . BARRY DENES ........................•............•............................. NORMAN ECKENRODE .................................................. .. MARK MURPHY .......................•........................................... THOMAS SALTARELLI ..................................................... . MARK SCHWING ............................................................... . WILLIAM STEINER ............................................................ .. PEER SWAN (VJC) ....•••...................•.•....•........................... STAFF DON MCINTYRE, General Manager ................................... . BLAKE ANDERSON, Asst. Gen'I. Mgr. -Ops ....•................ JUDITH WILSON, Asst. Gen'I. Mgr. -Admin ..........•••.......... ED HODGES, Director of Gen'I. Srvs. Admln ...................... . DAVID LUDWIN, Director of Engineering ........................... . BOB OOTEN, Director of Operations & Maintenance ......••.. MIKE PETERMAN, Director of Human Resources ............. . GARY STREED, Director of Finance ...................•...........•••• MICHELLE TUCHMAN, Director of Communications .......•.. NANCY WHEATLEY, Director of Tech. Srvs ...................... . STEVE KOZAK, Financial Manager .................................... . MIKE WHITE, Controller ...................................................... . GREG MATHEWS, Principal Administrative Analyst... ....... . MARC DUBOIS, Contracts/Purchasing Manager ............... .. LINDA EISMAN, Training Manager ..................................•.•. CHRIS DAHL, Information Technology Manager ................. . NICKARHONTES, Maintenance Manager ............••............. TERRI JOSWAY, Safety & Emergency Response Mgr ROB THOMPSON, Plant Automation Manager ..•................• BILL WEBSTER, Operations Specialist... ....•....................... LENORA CRANE, Committee Secretary ............................. . OTHERS TOM WOODRUFF, General Counsel ......•.......................• DAN CASSIDY, MOU Consultant... •....•...•.....•••••............... RUSS PATTON, MOU Consultant... ................................ . c: Penny Kyle L. Crane TIME: 5:30 P.M. ADJOURN: _ __._P=.M=. )> 1:J 1:J ':::O 0 < )> • 0 "'Tl s:· -z C: -I m en OMTS: PDC: FAHR: 03/12/97 EXEC: STEER: JT.BDS: ALL AGENDA WORDING AND RECOMMENDED ACTION(S): Agenda Wording: AGEK,_\\ ITEM TRANSMITTAL CONTACT FOR INFORMATION 2210, Gary G. Streed, Ext. 2500 Division No., Name, and Extension RECEIVE AND FILE DRAFT FINANCE, ADMINISTRATION AND HUMAN RESOURCES COMMITTEE MINUTES FOR THE MEETING HELD FEBRUARY 19, 1997 (All Districts) Recommended Action(s): 1. Receive and file draft Finance, Administration and Human Resources Committee minutes for the meeting held February 19, 1997. CEQA REVIEW: Project is Exempt: NOT APPLICABLE Date Notice of Exemption Filed: Negative Declaration Approved on Final EIR Approved on_ and Notice of Determination filed on_ CURRENT BUDGET/COST INFORMATION TOTAL BUDGETED AMT.: $ SOURCE: CORF JO DISTRICTS Schedule/Line Items: AMOUNT OF TRANSFER: Schedule/Line Item: TOTAL PROJECT BUDGET INFORMATION First Year in Budget: Master Plan Estimate: Year of First Costs: THIS AITNENDOR/PROJECT COST INFORMATION CURRENT YEAR BUDGET AMOUNT N/A ORIGINAL BUDGET TOTAL N/A ORIGINAL BID, PO, CONTRACT AMOUNT N/A WILL PROJECT REQUIRE ADDITIONAL PERSONNEL? NO If YES, state number: _ Permanent _ Limited Term Revised 01 /1-4197 H:\WP.DTA\FIN\2210\CRANE\FPC.MTG\FAHR.971MAR\AITMIN03.97 DATE OF MOST RECENT BOARD ACTION ON THIS SPECIFIC ITEM: N/A CURRENT YEAR- TO-DATE EXPENDITURES N/A PREVIOUS BUDGET CHANGES N/A CHANGE ORDERS, FUNDS PREV. APPROVED N/A YEAR-TO-DATE BUDGET BALANCE N/A BUDGET CHANGE THISAIT N/A AMOUNT REQUESTED THIS AIT NIA REVISED BUDGET TOTAL (Total Budget plus Transleis) N/A REVISED TOTAL PROJECT BUDGET $0.00 AMENDED PROJECT AMOUNT $0.00 REQUIRES BOARD POLICY ACTION? NOT APPLICABLE If YES, explain in ADDITIONAL INFORMATION section Page 1 of2 CONCURRENCES: ATTACHMENTS TC' ''rNDA (Lisi) To Committee: 1. Draft Minutes of FAHR Committee held 2/19/97. Date ure Date ToJt. Bds.: 1. partment ad (Or Designee) ~-U()..-lvvl~.._ Sig re Date Assistant General Manager (Or Designee) ADDmONAL INFORMATION (Background and/or Summary) Attached is a draft of the Finance, Administration and Human Resources meeting minutes of February 19, 1997. These minutes were submitted to the Joint Boards at their February 26, 1997 meeting. GGS:lc c: Department Head AGM-Administration AGM-Operations General Manager Revised 01/14197 H:\WP.DTA\FIN\2210\CRANE\FPC.MTG\FAHR.97\MAR\AITMIN03.97 Page 2 of 2 REVISED DRAFT MINUTES OF FINANCE, County Sanitation Districts of Orange County, California P.O. Box 8127 • 10844 Ellis Avenue Fountain Valley, CA 92728-8127 Telephone: (714) 962-2411 ADMINISTRATION AND HUMAN RESOURCES COMMITTEE Wednesday, February 19. 1997, 5:30 P.M. A meeting of the Finance, Administration and Human Resources Committee of the County Sanitation Districts Nos. 1, 2, 3, 5, 6, 7, 11, 13 and 14 of Orange County, California was held on Wednesday, February 19, 1997, at 5:30 p.m., at the Districts' Administrative Offices. ROLL CALL The roll was called and a quorum declared present, as follows: Committee Directors Present: George Brown, Chair John J. Collins, Joint Chair Jan Debay Barry Denes Norman Eckenrode William G. Steiner Peer Swan, Vice Joint Chair Committee Directors Absent : Mark Murphy Thomas Saltarelli Mark Schwing Other Directors Present: None Staff Present: Donald F. McIntyre, General Manager Judith A. Wilson, Assistant General Manager Ed Hodges, Director of General Services Admin. Bob Ooten, Director of Operations & Maintenance Mike Peterman, Director of Human Resources Gary Streed, Director of Finance Nancy Wheatley, Director of Technical Services Michelle Tuchman, Director of Communications Steve Kozak, Financial Manager Mike White, Controller Nick Arhontes, Maintenance Manager Barbara Collins, Senior Management Analyst Greg Mathews, Principal Management Analyst Lenora Crane, Committee Secretary Ryal Wheeler, Foreman & Citizen Others Present: Tom Woodruff, General Counsel APPOINTMENT OF A CHAIR PRO TEM No appointment was necessary. PUBLIC COMMENTS Ryal Wheeler, 14832 Newland St., Midway City, California, addressed the Committee regarding Action Item FAHR97-14. He stated that in 1996, the General Services Administration Department was formed and one of its duties and responsibilities was to look at opportunities and options of generating revenue for the agency. A report was prepared in October of 1996 which looked at the feasibility of providing line cleaning services to other agencies. This option looked favorable as far as costs and appeared to be competitive. Events at the Districts changed the course and direction of this revenue option. The item on the agenda tonight proposes outsourcing the line cleaning. Mr. Wheeler questioned if the Committee would consider tonight's proposal as an Minutes of Finance, Admi, .hd Human Resources Committee Page 2 February 19, 1997 interim proposal and, in the future, would they reconsider the feasibility of providing these services through the Districts' Collection Division. He felt it is still a viable option and should not be put to rest. General Manager Don McIntyre responded that he thinks the proposal is still a viable option and has not been put to rest. Nothing on the Agenda tonight will negate this as a future option. In the future, the EPA may hold the Districts liable for any spills in the entire District which will mean the Districts will have to develop standards that other cities and agencies will have to abide by for line cleaning. APPROVAL OF MINUTES It was moved, seconded and duly carried to approve the draft minutes of the January 15, 1997, meeting of the Finance, Administration and Human Resources Committee. REPORT OF THE COMMITTEE CHAIR The Chair introduced and welcomed Directors Barry Denes and Norman Eckenrode to the Committee. REPORT OF THE GENERAL MANAGER The General Manager had no report. REPORT OF ASSIST ANT GENERAL MANAGER -ADMINISTRATION The Assistant General Manager of Administration stated she was pleased to announce that our budget staff, and the Committee, earned the GFOA Excellence in Budgeting award. A plaque will be forthcoming. This is the third major piece of recognition for our three major financial reports that are put out with the help of the FAHR Committee. We received the GFOA award for the Comprehensive Annual Financial Report, and the Municipal Treasurer's Association award for our Investment Policy. She commended staff and the Committee for this joint effort. REPORT OF ASSISTANT GENERAL MANAGER -OPERATIONS The Assistant General Manager of Operations had no report. REPORT OF THE DIRECTOR OF FINANCE Finance Director Gary Streed advised the Committee that three hand-outs were distributed to them prior to the meeting. The monthly Treasurer's Report is distributed at the meeting, due to the government code requirements that it be reviewed within thirty days of the end of the month. Because of the difficulty in receiving the reports from third-party managers prior to the agenda mailing, the Districts' adopted Investment Policy calls for the report to be handed out at the meeting. The report is then forwarded to the Joint Boards. This is item "A" in the Consent Calendar section of the agenda. Chair Brown advised the Committee to look the report over very carefully and contact Gary Streed, if they have any questions or concerns. Minutes of Finance, Adn :and Human Resources Committee Page 3 February 19, 1997 ---.., I Also distributed was a colored chart of Draft Critical Goals which will be discussed under Action Items as item 3. on the agenda. Lastly, a blue book was distributed entitled, " An Elected Official's Guide to Investing." This book, prepared by the GFOA, along with the Districts' Investment Policy, will be very helpful to the new Committee members. A quarter1y report is also included in the Consent Calendar portion of the agenda, which contains information from two of our outside advisors, PIMCO, the Districts' Investment Manager, and Callan & Associates, the Districts' Independent Advisor. Mr. Streed advised that there is yet another third-party advisor, Mellon Trust, the Districts' custodial bank. Chair Brown advised the new members that this review by staff and the three outside advisors is very important information, due to the recent County bankruptcy. Mr. Streed stated that Item D, under the Consent Calendar, is for renewal of Boiler and Machinery Insurance. There was a proposal for $81,275 contained in the report. Since the report was sent out, the Districts received a firm price for $79,207. There will be no increase in the per unit basis. The unit price is the same as the current year, but the value has increased. REPORT OF THE DIRECTOR OF HUMAN RESOURCES The Director of Human Resources will be reporting under Closed Session. REPORT OF THE DIRECTOR OF GENERAL SERVICES ADMINISTRATION The Director of General Services had no report. REPORT OF THE DIRECTOR OF COMMUNICATIONS The Director of Communications advised that the second half of the New Board Member Orientation will be held this Saturday from 9 a.m. to noon. All Board Members are invited to attend. Spouses or significant others are also welcome to attend. General Manager McIntyre advised that significant time will be spent on the NPDES discharge permit. Also, some time will be spent at the Lab reviewing the Lab operation and the LIM system. There also will be a tour of new the Human Resources building. In response to the Chair's inquiry regarding the fire at Plant 2, Steve Kozak, Financial Manager, provided an update. Staff has been working with the insurance carriers and claims adjustor. Engineering is working on the replacement cost estimates for the trailers. Staff is also working with Purchasing to replace the Xerox equipment. The Xerox equipment is replaceable at no cost to the Districts under our lease agreement with Xerox. By the end of the week, the Districts expect to receive three checks from the three underwriters who carry our insurance coverage. We will receive a $100,000 advance to cover equipment, personal belongings, loses and any other fixed asset needs within the replaceable limits. General Manager McIntyre advised that staff will be seeking direction from the Steering Committee next week regarding permanent housing for those employees affected by the fire. This will open up an old subject concerning the warehouse at Plant 2. Minutes of Finance, Admi, ,nd Human Resources Committee Page4 February 19, 1997 REPORT OF GENERAL COUNSEL General Counsel had no report. CONSENT CALENDAR ITEMS (A -E) A. FAHR97-09: B. FAHR97-10: C. FAHR97-11: D. FAHR97-12: E. FAHR97-13: RECEIVE AND FILE TREASURER'S REPORT FOR THE MONTH OF JANUARY 1997 (All Districts): The January Treasurer's Report was handed out at the FAHR Committee meeting in accordance with the Board- approved Investment Policy, and in conformance to the Government Code requirement to have monthly reports reviewed within 30 days of month end. RECOMMENDED ACTION: Receive and file Treasurer's Report for the month of January 1997 and forward to the Joint Boards. CERTIFICATES OF PARTICIPATION (COP) REPORT (All Districts): RECOMMENDED ACTION: Receive and file this information-only item. EMPLOYMENT STATUS REPORT (All Districts): Total head count for January 1997 at the Districts RECOMMENDED ACTION: Receive and file this information-only item. ANNUAL RENEWAL OF BOILER & MACHINERY INSURANCE FOR THE PERIOD MARCH 1, 1997 TO MARCH 1, 1998 (All Districts) RECOMMENDED ACTION: Renew Boiler & Machinery Insurance for the Districts for the period March 1, 1997 to March 1, 1998, with American Manufacturers Mutual Insurance (Kemper Insurance Group), in an amount not to exceed $79,207. QUARTERLY INVESTMENT MANAGEMENT PROGRAM REPORT FOR THE PERIOD SEPTEMBER 1 THROUGH DECEMBER 31,1996 (All Districts): RECOMMENDED ACTION: Receive and file this information-only report. MOTION: A motion was made and unanimously carried to approve items specified as A through E under "Consent Calendar." ACTION ITEMS 1. FAHR97-14: ALTERNATIVE DELIVERY OF COLLECTION SYSTEM O&M SERVICES (All Districts) COMMITTEE DISCUSSION: Ed Hodges introduced Senior Management Analyst Barbara Collins and Maintenance Manager, Nick Arhontes and described their responsibilities within the GSA Department. Both Ed Hodges and Nick Arhontes gave a slide presentation regarding the General Services Department's recommendations to reorganize the Division, out Minutes of Finance, Adn )and Human Resources Committee Pages ~ I February 19, 1997 2. FAHR97-15: source routine cleaning of small lines in three District 7 areas, and establishment of a Districts-wide grease mitigation ordinance working with other public agencies. After considerable discussion on the item, the Committee suggested that staff inform Director Saltarelli of Tustin, and talk to the City Manager, so they understand what the Districts is proposing regarding the grease traps, and the impact it will have on the restaurants in their city. The Committee discussed many options. The Committee agreed the feasibility of providing these services through the Districts' Collection Division is still an option for the future. In response to questions from the Committee, it was determined that the Districts has initiated an outreach program with all the cities, and Nancy Wheatley's staff has set up workshops with the restaurant owners. Nancy Wheatley advised the Committee that her staff prepared a brochure in December on how to control grease in restaurants which is being distributed to restaurants across the county. She agreed with Director Swan that there is a need to have partnerships with the communities, as well as the cities. Director Debay expressed an interest in the brochure, stating she would like to take some back to her city's restaurant association. MOTION: 1. Authorize staff to reorganize the Division in accordance with the attached report. This will result in a decrease of 13 positions from our current authorized level; 2. Authorize staff to prepare a Request for Proposal to out source the "routine" cleaning of small lines (12" and below) in the three District 7 areas; 3. In cooperation with the cities and the Districts' Source Control Division, establish a Districts-wide grease mitigation ordinance. REVIEW, APPROVE AND FILE THE 1996-97 MID-YEAR FINANCIAL AND OPERATIONAL REPORT COVERING THE PERIOD ENDED DECEMBER 31, 1996 (All Districts) COMMITTEE DISCUSSION: Mike White and Greg Mathews reported on the Districts' financial and operational status. The Committee requested that future financial reports be presented in a format which will be more meaningful to Committee members using key industry measurements. The Committee agreed that construction costs should be shown in the budget as encumbered funds, even if the projects span several budget years, and should not be brought before the Committee whenever acceleration of a project takes place. Change Orders should continue to be reviewed by the PDC Committee. The Committee requested that an item be brought back next month recommending a change in budgeting policies. MOTION: The Committee approved and forwarded the 1996-97 Mid-Year Financial and Operational Report for the period ended December 31, 1996, to the Joint Boards, and to approve a supplemental appropriation of $6,927,000 within the Capital Outlay Revolving Fund (CORF). Minutes of Finance, Admi. .nd Human Resources Committee Page 6 February 19, 1997 3. FAHR97-16: CRITICAL GOALS, FISCAL POLICY STATEMENTS, AND BUDGET ASSUMPTIONS FOR 1997-98 BUDGET PREPARATION (All Districts): The Steering Committee and staff have drafted Critical Goals, Fiscal Policy Statements, and Budget Assumptions for the FAHR Committee to review prior to staffs preparation of the 1997-98 Budget Recommendation COMMITTEE DISCUSSION: Mike White and Judy Wilson gave the presentation. The Committee felt that "reserve" is a bad term and should be renamed "funds" or "restricted funds.• Mike White advised that funding levels will decline through 1998, if there are no increases in fees. The Committee discussed the need for rate increases because of the negative cash flow even under the current reduced capital spending plan. The Committee briefly discussed the political implications of raising rates. Staff was directed to bring back a short, concise rate increase report which will include the possible impact of consolidation. The training budget is currently underspent, because of the workplace investigation and the subsequent cancellation of many of the classes. However, training will be close to budget by the end of the year. MOTION: Approve the 1997-98 Draft Critical Goals, Fiscal Policy Statements, and Budget Assumptions, and direct staff to prepare budgets incorporating these parameters. INFORMATIONAL PRESENTATIONS None. CLOSED SESSION The Chair reported to the Committee the need for a closed session, as authorized by Government Code Sections 54957.6 and 54956.9, to discuss and consider the items that are specified under "Closed Session" as Items Nos. 9(a) and 9(b) on the published Agenda. The Committee convened in closed session at 7:35 p.m. The Board did not consider Item 9(b), and no reports were given. At 8:00 p.m., the Committee reconvened in regular session. Confidential Minutes of the Closed Session held by the Committee have been prepared in accordance with California Government Code Section 54957.2 and are maintained by the Board Secretary in the Official Book of Confidential Minutes of Board and Committee Closed Meetings. OTHER BUSINESS. COMMUNICATIONS OR SUPPLEMENTAL AGENDA ITEMS, IF ANY There were none. Minutes of Finance, Adr.'land Human Resources Committee ') Page7 February 19, 1997 MATTERS WHICH A DIRECTOR WOULD LIKE STAFF TO REPORT ON AT A SUBSEQUENT MEETING There were none. MATTERS WHICH A DIRECTOR MAY WISH TO PLACE ON A FUTURE AGENDA FOR ACTION AND STAFF REPORT There were none. FUTURE MEETING DATES The next Finance, Administration and Human Resources Committee Meeting is scheduled for Wednesday, March 12, 1997, at 5:30 p.m. ADJOURNMENT The meeting was adjourned at 8:05 p.m. Submitted by: ~~ Lenora Crane Finance, Administration and Human Resources Committee Secretary H:\WP .OTA \FIN\221 0\CRANE\FPC.MTG\FAHR.97\FEB\2MIN.97 CONSENT CALEN,DAR OMTS: PDC: FAHR: 03/1 '2/97 EXEC: STEER: JT.BDS: ALL AGENDA WORDING AND RECOMMENDED ACTION(S): Agenda Wording: ~ AGEN \ ITEM TRANSMITTAL CONTACT FOR INFORMATION 2210, Gary G. Streed, Ext. 2500 Division No., Name, and Extension RECEIVE AND FILE CERTIFICATES OF PARTICIPATION (COP) REPORT (All Districts) Recommended Action(s): 1. Receive and file this information-only COP Report of the Director of Finance. CEQA REVIEW: Project is Exempt: NOT APPLICABLE Date Notice of Exemption Filed: Negative Declaration Approved on Final EIR Approved on _ and Notice of Determination filed on_ CURRENT BUDGET/COST INFORMATION TOTAL BUDGETED AMT.: $ SOURCE: CORF JO DISTRICTS Schedule/Line Items: AMOUNT OF TRANSFER: Schedule/Line Item: TOTAL PROJECT BUDGET INFORMATION First Year in Budget: Master Plan Estimate: Year of First Costs: THIS AITNENDOR/PROJECT COST INFORMATION CURRENT YEAR BUDGET AMOUNT NIA ORIGINAL BUDGET TOTAL N/A ORIGINAL BID, PO, CONTRACT AMOUNT NIA WILL PROJECT REQUIRE ADDITIONAL PERSONNEL? NO If YES, state number: _ Permanent _ Limited Term Re-,ised 01/14197 H:\WP.DTA\FIN\2210\CRANE\FPC.MTG\FAHR.97\MAR\FAHR97.18 DATE OF MOST RECENT BOARD ACTION ON THIS SPECIFIC ITEM: CURRENT YEAR- TO-OATE EXPENDITURES N/A PREVIOUS BUDGET CHANGES N/A CHANGE ORDERS, FUNDS PREV. APPROVED N/A N/A YEAR-TO-OATE BUDGET BALANCE N/A BUDGET CHANGE THISAIT N/A AMOUNT REQUESTED THIS AIT N/A REVISED BUDGET TOTAL (Total Budget plus Transfers) N/A REVISED TOTAL PROJECT BUDGET $0.00 AMENDED PROJECT AMOUNT $0.00 REQUIRES BOARD POLICY ACTION? NOT APPLICABLE If YES, explain in ADDITIONAL INFORMATION section Page 1 of2 CONCURRENCES: ATTACHMENTS TO --..fNDA (List) To Committee: 1. Graph -COP Rate History Report. Date 2 (1-'\ I~ I S ure Date ToJt. Bds.: 1. D partment d (Or Designee) tit}-~ {..() c.La.,.._, Signa r Date Assistant General Manager (Or Designee) ADDITIONAL INFORMATION (Background and/or Summary) Since June 1995, the daily rate COP program remarketing agents have been PaineWebber for the Series "A" and the 1993 Refunding COPs, and J.P. Morgan for the Series "C" COPs. Most fixed rate Series "B" COPs have been refunded and the 1992 Refunding COPs have always been remarketed by PaineWebber in a weekly mode. The attached graph shows the variable interest rates on each of the daily rate COPs since the last report, and the effective fixed rate for the two refunding issues which are covered by an interest rate exchange agreement commonly called a "swap." Variable rates historically rise at the end of each calendar quarter, and especially at year-end, because of business taxes and statements. The rates decline to prior levels immediately in the following month. Staff will maintain our continuous rate monitoring and ongoing dialog with the remarketing agents and rating agencies to keep the Committee fully informed about developments in the program as they occur and at each meeting. GGS:lc c: Department Head AGM-Administration AGM-Operations General Manager Revised 01114197 H:\WP.DTA\FIN\2210\CRANE\FPC.MTG\FAHR.97'MAR\FAHR97.15 Page 2 of2 "' I I "C ;....:-C ro RATE(%) "C =ii ~ Ill ro z m 9 N ~ .j>. 0, !'l a. • 0 i::, 0 0 i::, i::, 0 0-z 0 0 0 0 0 0 0 '< (') 3-Jul-96 .,, m 5· 1G Ill ::, ~ 1 0-Jul-96 ,. 0 0 .!D ;;ii; 17-Jul-96 -· ~ 0 ~ _-.J 25 24-Jul-96 -· ~ $! ~ N -I 31-Jul-96 -· • m I s: C/l 7-Aug-96 --I co -.J 14-Aug-96 - 21-Aug-96 28-Aug-96 · + 4-Sep-96 - 11-Sep-96 · "C Ill 5· 18-Sep-96 -(I) ~ 25-Sep-96 ·· (') (I) 0 0-0-~ 2-Oct-96 --"tJ + 9-Oct-96 -· ~ i-:u 16-Oct-96 .. m s: J: 0 23-Oct-96 .. ca -Ill en ::, 30-Oct-96 ---I + 6-Nov-96 --0 • ~ G) 13-Nov-96 -- C/l ::0 :IE Ill 20-Nov-96 --m "C "tJ t 27-Nov-96 --0 4-Dec-96 -· ::0 C/l -I 0 0 G) 11-Dec-96 -· (I) ::, C/l 18-Dec-96 --:IE Ill "C 25-Dec-96 -- 2-Jan-97 -· 8-Jan-97 15-Jan-97 22-Jan-97 29-Jan-97 5-Feb-97 12-Feb-97 19-Feb-97 26-Feb-97 . For Bel. sec, u•~ ~ AGEN~A D COMM. INFO. ITEM ITEM D COMM. ACTION ITEM D JT. BDS. CONSENT TRANSMITTAL D JT. BDS. DISCUSSION (NON-CONSENT) D PUBLIC HEARING JT. BOS. MEETING DATE JT. BOS. AGENDA ITEM NO. MEETING DATE COMM. ID. NO. DISTRICT NO. CONTACT FOR INFORMATION (Initials of Originator) OMTS: OMTS PDC: POC FAHR: 3112197 FAHR 9.1.-771. All 2520, Mike Peterman, Ext. 2105 EXEC: EXEC STEER: STEER Division No., Name, and Extension JT.BDS: AGENDA WORDING AND RECOMMENDED ACTION(S): Agenda Wording: EMPLOYMENT STATUS REPORT: Total headcount at the Districts as of February 27, 1997. Recommended Action(s): Receive and file the Employment Status Report. CEQA REVIEW: Project is Exempt: NOT APPLICABLE Date Notice of Exemption Filed: Negative Declaration Approved on Final EIR Approved on_ and Notice of Determination filed on_ CURRENTBUDGETICOST CURRENT YEAR INFORMATION BUDGET AMOUNT TOTAL BUDGETED AMT.: $ NIA SOURCE: CORF JO DISTRICTS Schedule/Line Items: AMOUNT OF TRANSFER: Schedule/Line Item: TOTAL PROJECT BUDGET ORIGINAL INFORMATION BUDGET TOTAL First Year in Budget: NIA Master Plan Estimate: Year of First Costs: THIS AITNENDOR/PROJECT COST ORIGINAL BID, INFORMATION PO, CONTRACT AMOUNT N/A WILL PROJECT REQUIRE ADDITIONAL PERSONNEL? NO If YES, state number: _ Permanent Revised 01/14197 H:\WP.DTA\HR\2520\BUCHER\AIT.FEB Limited Term - DATE OF MOST RECENT BOARD ACTION ON THIS SPECIFIC ITEM: NIA CURRENT YEAR-YEAR-TO-DATE REVISED BUDGET TO-DATE BUDGET BALANCE TOTAL EXPENDITURES (Total Budget plus Transfers) NIA NIA NIA PREVIOUS BUDGET BUDGET CHANGE REVISED TOTAL CHANGES THISAIT PROJECT BUDGET NIA NIA $0.00 CHANGE ORDERS, AMOUNT AMENDED PROJECT FUNDS PREV. REQUESTED THIS AMOUNT APPROVED AIT NIA NIA $0.00 REQUIRES BOARD POLICY ACTION? NOT APPLICABLE If YES, explain in ADDITIONAL INFORMATION section Page 1 of 2 CONCURRENCES: Date lgnature Department Head (Or Deslgnee) Signat ~l u) ~ Assistant General Manager (Or Designee) ADDITIONAL INFORMATION (Background and/or Summary) ATTACHMENTS TO -°';NOA (List) I To Committee: 1. February 27, 1997 Employment Status Report To Jt. Bds.: 1. The Districts have a Full-Time Equivalent (FTE) headcount of 552.75 as of February 27, 1997. The actual body count is 562. The current FTE headcount is equivalent to a 11.4% reduction from the budgeted 624 positions. The one-month turnover rate for February, 1997 was .04%. One replacement Engineer was hired in O & M in February. Total external hires this fiscal YTD has been 8 (6.5 FTEs). A LIMS Project Specialist in the Laboratory will come aboard in March, and the Districts are currently recruiting for a replacement Senior Clerk in Design Engineering. c: Department Head AGM-Administration A GM-Operations General Manager Revised 01114197 A:IAIT.FEB Page 2 of2 Employment Status Report Run Date: 19-Feb-97 2150 -General Management Administration 6 0 0 0 0 0 6 0 6 2160 -Board Secretary 1 0 0 0 0 0 1 1 2 2190 -Communications 8 0 1 0 0 0 9 0 9 Total General Mana ement 15 0 0.75 0 0 0 16 1 17 2210 -Finance Administration 4 0 0 0 0 0 4 0 4 2220 -Accounting 20 0 0 0 0 0 20 0 20 2230 -Purchasing & Warehousing 14 0 0 0 16 17 Total Finance 38 0 0.75 0 0 1 40 1 41 2410 -General Services Administration 6 0 0 0 0 7 0 7 2420 -IT Hardware Support 4 0 0 1 0 0 5 0 5 2430 -IT Software Support 9 0 0 1 0 0 10 0 10 2440 -Plant Automation Support 6 0 0 0 0 0 6 0 6 2450 -Collection Facilities Maintenance 13 0 0 0 0 0 13 18 31 2460 -Plant Facilities 38 0 0 0 0 3 41 5 46 Total General Services Admin. 76 0 0 2 0.5 3 82 23 105 2520 -Human Resources 6 2 0 0 0 0 8 0 8 2530 -Safety & Emergency Response 5 0 0 0 1 0 6 0 6 2540 -Education & Training 6 0 0 0 0 0 6 0 6 Total Human Resources 17 1 0 0 0.5 0 20 0 20 3410 -Operations & Maintenance Admin. 14 0 0 1 4 1 20 0 20 3420 -0 & M Scheduling 6 0 0 0 0 0 6 0 6 3430 -Plant Operations 1 35 0 0 0 0 1 36 5 41 3440 -Plant Operations 2 46 0 0 0 0 0 46 10 56 3450 -Mechanical O & M 52 0 0 0 0 0 52 11 63 3460 -Electrical O & M 26 0 0 0 0 0 26 27 3470 -Instrumentation O & M 32 0 0 0 0 33 0 33 3490 -Central Generation Operations 13 0 0 0 0 0 13 0 13 Total Operations & Maintenance 224 0 0 1 2 3 232 27 259 3510 -Technical Services Administration 3 0 0 0 4 0 7 1 8 3550 -Environmental Compliance & Monitoring 17 0 1 2 0 21 2 23 3580 -Environmental Sciences Laboratory 32 1 2 0 0 0 35 2 37 3590 -Source Control 38 0 0 0 0 39 1 40 Total Technical Services 90 0.5 2.25 2 2 2 102 6 108 3710 -Engineering Administration 2 0 0 0 0 0 2 0 2 3720 -Design Engineering 24 0 0 0 2 0 26 0 26 3730 -Engineering Planning 5 0 0 0 0 0 5 1 6 3790 -Construction Management 32 0 0 4 0 37 3 40 Total Engineering 63 0 0 4 1.5 0 70 4 74 0 624 H:lexcel.eta\hr\open\empdiv,xls )> 0 --1 -0 z --f m 35: en .. OMTS: PDC: FAHR: 3/12/97 EXEC: STEER: JT.BDS: 3/2.6/97 ALL AGENDA WORDING AND RECOMMENDED ACTION(S): Agenda Wording: 1997-98 SEWER SERVICE USER FEES (All Districts) Recommended Action(s): AGE N,'\ ITE M TRANSMITTAL CONTACT FOR INFORMATION 2210, Gary G. Streed, Ext. 2500 Division No., Name, and Extension This report was prepared as a discussion paper. Three options are presented: 1) No fee increase in 1997-98. 2) A small increase in 1997-98 and reconsider fees in 1998-99. 3) Adoption of a program to increase fees in predetermined steps over time. It is recommended that the Committee recommend one of these three options. In the event that the Committee selects option 2 or option 3, the impacted Districts must take a formal action at the April meeting. Because these issues are complex, the FAHR Committee may wish to schedule a special workshop prior to its April 10 meeting in order to meet the necessary deadlines. CEQA REVIEW: Project is Exempt: NOT APPLICABLE Date Notice of Exemption Filed: Negative Declaration Approved on Final EIR Approved on_ and Notice of Determination filed on_ CURRENT BUDGET/COST INFORMATION TOTAL BUDGETED AMT.: NIA SOURCE: CORF JO DISTRICTS Schedule/Line Items: AMOUNT OF TRANSFER: Schedule/Line Item: TOTAL PROJECT BUDGET INFORMATION First Year In Budget: Master Plan Estimate: Year of First Costs: THIS AITNENDOR/PROJECT COST INFORMATION CURRENT YEAR BUDGET AMOUNT NIA ORIGINAL BUDGET TOTAL ORIGINAL BID, PO, CONTRACT AMOUNT DATE OF MOST RECENT BOARD ACTION ON THIS SPECIFIC ITEM: CURRENT YEAR- TO-DATE EXPENDITURES NIA PREVIOUS BUDGET CHANGES CHANGE ORDERS, FUNDS PREV. APPROVED YEAR-TO-DATE BUDGET BALANCE N/A BUDGET CHANGE THISAIT AMOUNT REQUESTED THIS AIT REVISED BUDGET TOTAL (Total Budget plus Transfen;) N/A REVISED TOTAL PROJECT BUDGET $0.00 AMENDED PROJECT AMOUNT $0.00 Revised 01114197 H:\WP.DTA\FIN\2210\CRANE\FPC.MTG\FAHR.97\MAR\FAHR97.20 Page 1 of2 WILL PROJECT REQUIRE ADDITIONAL f! ONNEL? NO If YES, state number. _ Pennanent .,,tted Term REQUIRES BOARD '\ICY ACTION? NO If YES, explain in AD. ONAL INFORMATION section CONCURRENCES: ATTACHMENTS TO AGENDA (List) To Committee: 1. Staff Report Date ToJt. Bds.: 1. Staff Report 3-S--77 Signature Date · t General Manager (Or Designee) ADDITIONAL INFORMATION (Background and/or Summary) At the February 19 FAHR Committee meeting, some of the Directors questioned yet another deferral of a sewer service user fee increase, as fees have not been increased since 1992-93. There was concern that accumulated cash balances would again decrease as annual needs again exceed annual revenues, and that it might be more advisable to phase in an increase in fees over two years, rather than to have a large increase in 1998-99 at the completion of the Strategic Plan. After considerable review and discussion, the Committee directed staff to return with more information regarding sewer service user fees and options for fee adjustments. Three options are discussed in the attached report: • No fee increase in 1997-98 • A small increase in 1997-98 and reconsider fees for 1998-99 • Adoption of a program to increase fees in predetermined steps over time Should the Committee decide to recommend a fee increase, the individual District Boards will need to act at their April meeting in order to meet the time line to get the proper fees on the tax bills. GS:lc c: Department Head AGM-Administration A GM-Operations General Manager Revised 01 /14197 H:\WP .DTA\FIN\221 0\CRANE\FPC.MTG\FAHR.97\MAR\FAHR97.20 Page 2 of 2 > • March 12, 1997 STAFF REPORT 1997-98 Sewer Service User Fees As a part of the annual budget process, certain fiscal policies and budget assumptions are reviewed with the Directors. This year, staff met with the Directors' Steering Committee on February 1, and with the Finance, Administration and Human Resources Committee on February 19. At the February 19 FAHR Committee meeting, some of the Directors questioned yet another deferral of a sewer service user fee increase, as fees have not been increased since 1992-93. There was concern that accumulated cash balances would again decrease as annual needs again exceed annual revenues, and that it might be more advisable to phase in an increase in fees over two years, rather than to have one large increase in 1998-99 at the completion of the Strategic Plan. After considerable review and discussion, the Committee directed staff to return with more information regarding sewer service user fees and options for fee adjustments. Three options are discussed in this report: • No fee increase in 1997 -98 • A small increase in 1997-98 and reconsider fees for 1998-99 • Adoption of a program to increase fees in predetermined steps over time Should the Committee decide to recommend a fee increase, the individual District Boards will need to act at their April meeting in order to meet the time-line required to place the revised fees on the tax bills. Background and History Each property connected to a sewer system in each of the Districts, except District No. 14, pays an annual sewer use fee, as a separate line item on the property bill, which partially finances operating, maintenance, replacement (OM&R) costs and debt service used to fund sewerage system improvements. About 1,000 large industrial and commercial users are invoiced directly based upon their actual discharge. (Properties in District No. 14 are billed by the IRWD.) Each of those Districts, except District No. 13, also receives a share of the ad valorem property tax which is applied to debt service. New development must pay a one-time sewer connection fee which finances capital expansion of the sewerage system. CS DOC • P .0. Box 8127 e Fountain Valley, CA 92728-8127 e (714) 962-2411 1997-98 Sewer Service User Fees Page2 March 12, 1997 During the 1980's and early 1990's, each of the Districts was required to consider the adoption of a sewer use fee for ongoing operations, maintenance and rehabilitation costs. Although property taxes, connection fees and federal and state construction grants had historically been the major sources of financing of Districts' activities, they became inadequate during the past decade. Since the passage of Proposition 13, all ad valorem property tax revenue has been used in the Operating Funds for maintenance, operations, rehabilitation, and Certificates of Participation (COPs) service. Beginning in 1991-92, ad valorem property tax receipts were dedicated by Board Resolution to be first used to repay the principal and interest due for COP issues. The costs of providing service have risen beyond the ability of the property tax apportionments to keep pace with the increasingly stringent requirements of the federal, state and regional regulatory agencies for wastewater treatment to protect public health and the environment. Federal and state assistance from the clean water grant program has essentially been eliminated by Congress because of federal funding problems. All Districts except Nos. 13 and 14 currently receive an allocation of the 1 % basic property tax levy equal to approximately 2.5% of the 1 % basic levy. The typical property owner pays $25 per year in property taxes to the Districts. District No. 13 is fully funded by user fees and District No. 14 is fully funded by the IRWD. In 1992-93, because of the poor economic climate, staff recommended and the Boards agreed not to increase user or connection fees over the 1991-92 rates. In order to do this, certain Districts' programs were scaled back. Subsequent to the 1992-93 fee adoption, the Governor and State Legislature confiscated a portion of the Districts' property taxes and shifted them to help finance schools. After lengthy deliberations, the Boards of Districts 1, 2, 3, 5, 6 and 7 concluded that they had no really viable alternative but to increase the user fees to make up for the confiscation of 1992-93 property taxes by the state. The total amount shifted by the state was $3.5 million. District No. 11 did not increase fees at this time, nor have they since, and District No. 13 had no property tax to shift. Although the state continues to take the $3.5 million each year, the Districts have lost no additional property taxes to the State Legislature. This is because, after the first increment, the state only took back AB 8 "bail-out" funds given to special districts in the wake of Proposition 13, and our Districts didn't take any of those funds. California and Orange County economic conditions generally did not improve from 1992 to 1996. Although the Districts have the ability to increase fees to pay for the rising costs of wastewater services, the Directors were sensitive to the continuing 1997-98 Sewer Service User Fees Page 3 March 12, 1997 economic situation and the very difficult financial problems our member agencies were struggling with, exacerbated by the state's reduction of revenues to other levels of local government; most of which are unable to be replaced by fees. Therefore, sewer service fees have not been increased. Current single family residential (SFR) unit fees for each District are shown below and are compared to the estimates for 1996-97 from the "2020 VISION" Financial Plan. Fees for multi-family units are 60% of the SFR fee per unit and non-residential fees are 71.5% of the SFR fee per 1000 square feet of building. Current SFR Fees vs. "2020 VISION" Estimate ,-.. 1;· t: : ~-:#f'.:_: -Tij I 1 ~ .· °:;. ;~; , .. .1 :.:j.q1iiv :): '.'.i .j . "1: . /Ciifrent•il' ... i 4 996 Estirriaten 'J ~--,~j: rJ' :.~ 1 ~f:: --•.. ·•• ;,1 1i:I!: .. :f .. ~!t;:•af ., ' I ' S -iiJF._ ./:: , JD1stnct -•~;;;,., "Annual Feeu= ,,,f.:"_: ,2020 VISION knu:c~ ' :=:=::-;. ::·~ 11/UPtUli-•,: ·{ i.;'"! ir·• -:_:::tt!::J,J: 1 $83.24 I s125.oo ...................... :·············· .............................. : ............................................... . 2 71 .52 j 100.00 ................................ • .................. ,. ........................ · ...................................................................... . 3 . 73.89 l 125.oo ............................ ,1, ........................................................................................................................ ... . . 5 f 96.75 l 125.oo 6 1 76.47 1 . 100.00 ....................................... : ........................................ -.................... :.. . ......................................................... .. 1 l 50.09 f 75.oo ........................................................... -.................................................................................................... .. . . . . 11 [ 60.00 [ 175.00 ................................ • ....................................................... • ................................................................... . 13 100.00 i 175.00 ................................. : ................................................................ 1 .................................................................... . 14 . Assessed by the 1 i IRWD $95.40 Est. j Without exception, the current charges are less than those projected in the 1989" 2020 VISION" plan, even though the 1992 property tax raid was not anticipated. Reasons for this are reduced influent flow has allowed projects for additional capacity to be deferred, projected borrowing has been delayed, the water reclamation projects have been delayed and operations and maintenance costs have not increased as expected. Had the economy, local growth and flows all developed as anticipated, annual sewer service use fees would have increased nearly every year between 1990 and 1997, and today's average annual fee would be $121 .62, just over $50 per year or 70% greater than today's average annual fee. 1997-98 Sewer Service User Fees Page4 March 12, 1997 The "2020 VISION" Financial Plan provides that 50% of the Districts' capital improvement program will be funded by borrowing, and that the borrowing will be repaid from property taxes and Sewer Service Fees. Since property tax allocations are fixed, future borrowing must be repaid by Sewer Service Fee increases. As a part of the 1996-97 Budget process, the Directors adopted a reduced capital improvement program in order to avoid borrowing. Even so, appropriated operating and capital reserves will decrease an estimated $25 million this fiscal year. Deferring new borrowing or issuing additional Certificates of Participation (COPs) has allowed the Directors to defer increasing Sewer Service Fees. As noted earlier, in 1992, the Boards officially dedicated property tax revenues to the repayment of COPs. Since that time, COP interest and principal has increased, while property taxes have remained constant, as shown in the following graph. Service of additional borrowing will increase the shortfall of property taxes, and will require Sewer Service Fee increases. COP Funding Requirements vs. Property Tax Funding Source $40,000,000 ..---------------, $35,000,000 .... $30,000,000 $25,000,000 $211,000,000 115,000,000 .... .. --· --------· ---....... -· . ~------________ _...., ___ _.,. ___ _ $10,000,000 +----+----+----+----+----+----< 91-82 92-83 113-94 94-15 95-96 96-87 117-98 I--+--Property Taxas-----+-COP Service! Staff is currently using a working assumption that the Joint Works capital improvement plan for 1997-98 will continue to be a reduced plan. Primary objectives of the plan will deal with plant automation, computerization and seismic reliability. Our initial goal is for plant improvements to total no more than $50 million for 1997 -98. Significant investment in new construction should await the completion of the Strategic Plan. 1997-98 Sewer Service User Fees Page 5 March 12, 1997 As the Directors are aware, one of the results of the Strategic Plan currently under review will be a revised capital improvement plan through the year 2020. Current estimates are that the new plan may be somewhat less ambitious than the "2020 VISION" Plan, since influent flows have not increased as rapidly as projected, and since the political climate seems more likely to continue the current discharge requirements. Nonetheless, any significant investment in capital will require a user fee increase, since the Districts cannot borrow unless additional revenue is identified. One of the conditions of the COP borrowing done by the Districts is that revenues will cover current year expenditures. Staff has recently obtained an opinion from Bond Counsel that a special appropriation of accumulated reserves for debt service can be counted as current year revenues. This is good news for District No. 1, which has the lowest property tax and sewer service fee revenues, as they can transfer accumulated funds to current revenues to make up the shortfall in these coverage ratio calculations. The combination of a reduced capital improvement program, special appropriations of accumulated reserves and reduced operations and maintenance costs could enable the Districts to go yet another year without a Sewer Service Fee increase or additional borrowing, should that be the Directors' decision. However, as noted previously, plans to borrow in 1998-99 will depend upon increased revenues and/or reduced expenses. Another requirement of the existing COPs is called an "additional bonds test." This requirement is satisfied only when current revenues, excluding reallocation of accumulated reserves, exceed current debt service expenses. The requirement for fixed rate, senior lien COPs is that revenues be 1.25 times debt service expenses. This requirement would be very difficult to meet without future Sewer Service Fee increases. In District No. 1, for example, accumulated capital funds would need to be used for COP service rather than for the annual purchase of Joint Works equity as their flows increase. Estimated 1997 COP Ratios 1 1.37 .86 1.83 .63 2 3.04 1.81 3.04 3.01 3 3.75 1.97 3.75 3.03 5 4.04 2.39 4.04 4.40 6 12.72 2.47 12.72 2.82 7 3.74 1.59 3.74 2.03 11 4.77 .77 4.77 .73 1997-98 Sewer Service User Fees Page6 March 12, 1997 Future Financing Projections As a part of the rate setting process, staff prepares and analyzes statements of Projected Cash Flows for Districts Nos. 1, 2, 3, 5, 6, 7, 11 and 13 prepared in accordance with the adopted "2020 VISION" Financial Plan recommendations, adjusted to reflect changing circumstances. Under the Plan, each District's share of the treatment plant construction, and its respective trunk sewer construction projects are to be financed by a combination of increased connection fees to pay for new capacity and borrowing to pay for rehabilitation and improved treatment. Debt retirement and operating and maintenance costs are to be paid by a combination of property taxes and the annual sewer use fees, under the following assumptions: 1. 2. Renewal of NPDES Permit and Continuation of Current Treatment Levels (301 (h) Waiver) This scenario represents the minimum probable level of construction, rehabilitation and operations and maintenance costs. For the first five years of the planning period, the differences between renewal of our existing permit and full secondary treatment are not significant. Increased annual flow projections and new sewer service connections have been revised downward from the 1989 Master Plan to reflect current and expected economic development and levels of flow. Connection Fees The capital facilities connection fee calculation has included the cost of future and existing facilities on a per unit basis, since adoption of the "2020 VISION" Financial Plan. The reason to include future costs is that any new flow will require new, additional facilities and capacity. The Board-approved connection fee policy provides for an automatic annual adjustment of fees to reflect changes in the Engineering News Record-LA construction cost index. Connection fees are uniform throughout the Districts. A 5% per year increase was projected from 1997-98 through 2005-2006 for cash flow analysis. 1997-98 Sewer Service User Fees Page7 March 12, 1997 3. Debt/Borrowing All of the Districts except Nos. 13 and 14 are projected in "2020 VISION11 to issue additional COP-type debt to meet a portion of Joint Works treatment facilities improvements. Borrowing has been a part of the long-range financial plan for capital improvements since 1979 when the policy of using all property tax revenues for operations, maintenance and rehabilitation was implemented. Extensive use of the now discontinued federal and state Clean Water Grant Program enabled the Districts to stretch out their reserves and other income and to generally avoid borrowing until 1990. Three primary reasons to issue debt are: to protect and to preserve capital reserves; to avoid major increases and fluctuations in user fees from year-to-year; and to spread the cost of facilities over their useful lives so that future rate-payers, as well as current rate-payers, share in the costs. The cash flow projections include COP issues in Districts 1 and 11 to meet capital project award and cash flow requirements, and to avoid federal interest earnings restrictions and penalties. The "2020 VISION11 Financial Plan and the 1992 Five-Year Financial Plan, both proposed a 50:50 mix of pay-as-you-go and debt financing. At the time it was projected that approximately half of the capital improvement program would be for improved treatment and rehabilitation to be funded by all users, and half would be for additional capacity, to be funded by new users and connection fees. The status of the NPDES Permit was also unknown, causing uncertainty over the amount of improved treatment facilities and the timing of the entire capital improvement program. Borrowing for capital improvements allowed us to maintain low user fees and to moderate the annual fluctuation that would have been required by a pure pay-as- you-go approach. Today, we have an understanding that the NPDES Permit will be renewed, and we have daily flows that are only 90% of the 1989 flows instead of the 13% increase projected; or 23% lower than originally projected. The borrowing strategy has worked well. We have continued to earn more interest on invested accumulated funds than we pay for COPs, and we have maintained stable sewer service fees in a depressed economy. However, we have also spent some of our savings over the past few years. We have also been criticized by some of the public for such a large amount of outstanding debt, and the percentage of our annual costs that comprises debt service. 1997-98 Sewer Service User Fees Page 8 March 12, 1997 For these reasons, cash flows were prepared under two assumptions: No borrowing for any District; and additional borrowing only in Districts Nos. 1 and 11, which would otherwise face a large rate increase in the next few years on a pay-as-you-go basis, followed by a rate decrease as funding requirements were met and specific District projects were completed. 4. Accumulated Funds 5. As a part of the financial plan developed by the team of Directors, staff and consultants, the Boards have implemented a plan to build accumulated cash balances for certain future events. The current policy calls for accumulated funds for Dry Period Funding, Contingency, Capital Projects, Catastrophe, Environmental Requirement, and Debt Service needs. These funds are discussed more fully on page 10. One of the purposes of accumulated funds is to serve as a hedge against interest rate risk on our variable rate borrowing program. If we have accumulated funds that match our debt, then if rates rise, our investments also earn a greater yield. When an adequate funding level has been reached, a Fee Stabilization Fund will be created in each District. Capital Improvement Projects As the Directors are aware, the Districts are continuing to experience reduced flow from previous years, but annual flows are beginning to increase. For the past several years, reduced flow has caused staff to review the timing of the capital improvement program. Accordingly, projects for certain additional capacity and improved treatment were delayed, resulting in the ability to postpone some COP issues between 1991 and 1997. Now that flows are beginning to increase again, the Districts will need to move forward with additional capacity projects to ensure they are in place when needed. 1997-98 Sewer Servicyser Fees Page 9 March 12, 1997 AVERAGE FLOW PER DAY, MGD 270 280 t 250 i ! 0 240 & 'Ii 230 ! 0 i 220 210 200 +-----+------+-----+-----+------+---t------t 1990-91 1991-82 1992-93 1993-94 1994-95 1995•98 199&-97 Ell 1997•98 Est FlacalYur 6. Ad Valorem Property Taxes The cash flow projections are based on the continuing receipt of ad valorem property taxes at the same level as allocated by the County for 1996-97. Should the legislature ultimately implement a further tax confiscation proposal, the revenue loss would need to be made up from increased sewer user fees. Fees would need to increase an average of 48% to recover an amount equal to the loss of all property taxes. 1996-97 Sewer Service User Fee Options Taking all of the above assumptions into consideration and the current and projected near-term economic climate, staff is again preparing an overall "hold-the-line" budget. The portion of each individual District's total operations, maintenance and COP service budget, determined largely by the Joint Operating Fund budget to operate and maintain the treatment and disposal facilities, is approximately 52%. Keeping this significant portion of the operating budget constant and rescheduling certain capital projects, thereby minimizing additional borrowing and subsequent repayment will allow the Districts to maintain the 1993-94 user fee rates for 1997-98 subject to the final determination by the Governor and the State Legislature regarding any further confiscation of our property taxes Analysis of the projected cash flows shows that accumulated cash balances will decrease in 1997 -98 as follows: 1997-98 Sewer Servicf 1er Fees Page 10 March 12, 1997 Projected Accumulated Cash Balances Policy District Requirements 2 78,769,000 3 83,091,000 5 11,078,000 6 10,494,000 13 8,631,00 TOTAL $251,345,000 Balance 8/30/96 113,135,000 124,026,000 28,976,000 18,368,000 9,309 000 $378,692,000 Balance 6/30/97 111,920,000 116,996,000 28,108,000 9,074,000 $353,029,000 Balance 6/30/98 107,296,000 112,446,000 29,006,000 17,910,000 9,0~~.QOO $329,273,000 Compliance With Policy Yes Yes Yes Yes Yes Yes Two of these eight Districts will be out of compliance with the approved policy for accumulated funds by the end of 1997-98, and District No. 7 slips out of compliance for this year only. The policy specifies that funds be accumulated for the following five purposes: • Dry Period Funding -As sewer service user fees are collected as a separate line item on the property tax bills, essentially no funds are received during the first five months of the fiscal year before the December property tax allocations. For this reason, 50% of the year's operations and maintenance expenses and the debt service payments, including the August principal payment, must be on hand at the start of the year. • Operating Contingencies -An amount equal to 20% of the year's operations and maintenance expenses is accumulated to fund unforeseen and unbudgeted expenses, because the sewer service user fees cannot be changed in mid-year since they are collected as a separate line item on the property tax bill. • Capital Projects -An amount equal to one year of the capital improvement program costs has been set aside in order to provide required facilities in the event the Directors do not want to issue new debt to finance the construction or if the financing market is unfavorable. • Environmental Requirements -10% of the annual capital improvement program is appropriated for unforeseen and unbudgeted improvements needed to comply with changing environmental requirements and regulations from the EPA, AQMD, SWRQB and others. 1997-98 Sewer Servic,ser Fees Page 11 March 12, 1997 • "Debt Seryice" Reserves -These amounts, prescribed by the rating agencies, liquidity providers and investors, are included in the COP documents and are under the control of independent third-party Trustees. Generally they are equal to about 10% of the COP issue. Options 1: Maintain Fees at Current Level The initial proposal by staff to the January FAHR Committee, the Steering Committee, and back to the February FAHR Committee, was to maintain fees at the current level for yet another year. This option requires a constant or reduced operations and maintenance budget and a limited capital improvement budget. The advantages of not increasing fees are: -No adverse public reaction to a fee increase -Reduced levels of funds on hand make them less likely to be a target of outrage -Certainty that we have not violated any provision of Proposition 218 -Future fee increases will have input from public Rate Advisory Committee -Future fee increases will be based upon the completed Strategic Plan The downside of not increasing fees in 1997 -98 is that: -Accumulated funds on hand will decrease approximately $23 million or 7% -Two Districts will not comply with the approved funding policy -Rates may increase substantially in 1998-99 -Districts may be perceived as a weaker credit, increasing borrowing costs Option 2: Phase Increase Over Two Years (Reconsider in 1998-99) Another option is to split the fee increase anticipated in 1998-99 into two phases and implement one half each year. A variation on this option would be to increase the fees only in those Districts that will be out of compliance with the funding policy (1 and 11 ). The advantages of this approach are: -The anticipated fee increase in 1998-99 is smaller if a portion is in 1997 -98 -Smaller rate increases are less likely to generate meaningful public opposition -All Districts would be brought into compliance with the funding policy -Accumulated funds on hand would not decrease so much as without an increase -The municipal finance market would perceive a will to increase rates if needed -The economy is stronger in Orange County and rate-payers may be more supportive 1997-98 Sewer Servic< ,er Fees Page 12 March 12, 1997 The disadvantages of this split increase approach are: -Fees are increased immediately after the public passed Proposition 218 -The meaning and requirements of Proposition 218 are not yet completely or universally understood -The true fee needed to implement the Strategic Plan is not known as the plan is incomplete -The public Rate Advisory Committee (RAC) has not completed their work to recommend changes to the current rate structure -The Board ne~ds to deal with rate increases two years in a row Option 3: Stepped Approach and Annual Adjustments A third alternative would be to adopt a policy to adjust rates annually by a set amount or specific percentage. Such a policy has been previously adopted by Districts 1 and 6. In 1988 District 1 directed staff to increase sewer service user fee rates by 30% each year for four years. In 1986 the District 6 Directors implemented 10% per year increases which became insufficient after two years. Some believe that a formal multi- year policy adopted by the Boards complies with Proposition 218 and requires only one mass public mail at the outset. Of course, we would need a full legal analysis and opinion on this approach. The pros of such a planned, programmed approach to increases are: -Future revenues are easy to budget -Municipal financial market perceives a plan to maintain financial strength -May realize savings by avoiding annual Prop 218 notification process -The economy is stronger in Orange County and rate-payers may be more supportive The cons of a program to adjust rates based upon assumptions are: -Fees are increased immediately after the public passed Proposition 218 -The meaning and requirements of Proposition 218 are not yet completely or universally understood -The actual costs of service and revenues are not known when the program is adopted -Potential public perception that increases are automatic and cost reductions will not be considered -Potential for public to add up annual increases and focus on the multi-year total -Actual costs to implement the Strategic Plan are not known -Might be difficult to increase rates above the plan for future unforeseen needs -The public Rate Advisory Committee (RAC) has not completed its work to recommend changes to the current rate structure 1997-98 Sewer Servic·7ser Fees Page 13 March 12, 1997 Other Issues Proposition 218: A common thread in the options analysis is Proposition 218. The two significant issues confronting the Districts are public notification and adopting rates equal to the cost of service. The Proposition requires every property owner to be notified when rates change. It may be possible to notify one time if rates are proposed to change in accordance with an adopted schedule which is included in the original notice. There are approximately 493,000 parcels in the Districts' service areas. Since the Districts only provide one service, all of our costs are a part of the cost of service. So long as the annual fee revenues do not exceed the annual costs plus a reasonable accumulated funds policy, then our rates will not exceed the cost of service. However, adopting a policy for annual fee increases prior to the completion of the Strategic Plan may run afoul of Proposition 218, as our costs may change. Accumulated Funds: The current policy for accumulated funds does not include any appropriation for replacement or rehabilitation of fixed assets. These costs are funded annually when needed from current fees, borrowing or funds on hand. Some other agencies and most utilities have set aside funds from current operations to replace their assets when necessary. The annual contributions generally approximates the depreciation expense. The replacement value of the Districts' fixed assets is estimated to $1.3 billion, and annual depreciation and amortization total $33 million, so a Replacement and Rehabilitation Reserve has the potential to become quite large. We would need to do an excellent job of explaining why we need to adjust rates with cash in the bank. Senate Bill 147: Senate Bill 147 (Ayala & Kopp) is currently being discussed in Sacramento. This bill has been considered to prohibit special districts like ours from issuing debt, including COPs, after January 1, 1998, without a vote of our constituents. If this bill is expected to pass, the Directors may want to borrow during the first half of 1997-98. We will not be able to obtain a favorable credit rating or economical liquidity and will not be able to comply with current COP restrictions regarding additional debt without a fee increase. Rate Advisory Committee: As a part of the Strategic Plan effort, staff and consultants have formed a Rate Advisory Committee (RAC) made up of representative from industrial, commercial and residential users, as well as Directors and local public agencies. This Committee has held four meetings to understand the current fee structure and will soon consider alternatives and make a recommendation to the Boards. The Directors may want to consult with or advise the RAC of a potential fee increase before the RAC proposal has been considered. It is possible that the RAC proposal will result in rate decreases for some users in 1998-99 after a general increase in 1997 -98. 1997-98 Sewer Service '1er Fees Page 14 i March 12, 1997 Scheduling The Districts' sewer service user fees are collected as a separate line item on the annual property tax bill. This method of collection is specifically provided in the Health and Safety Code, and has been determined to be the most cost effective: minimal District staff is needed to administer the program; no staff time is spent on collecting delinquent accounts; eventually all fees are paid through the tax lien process, and no other collection method provides means to terminate service for nonpayment. Costs to the user, both direct and indirect, are minimized by this approach. The drawback is scheduling. Because the property tax bills are mailed only once each year, sewer service user fees can be changed only once each year. Unforeseen costs must be paid from accumulated funds on hand or must be built into the rate structure. Most importantly, rates must be adopted by the Boards in time for the fees to be calculated for each parcel, and the Orange County Tax Collector and Auditor to be notified in early August. Sewer service user fees rates are adopted through the Ordinance process which requires two meetings and readings, and a 30-day period before becoming effective. In order for the fees to be in place on July 1, the second reading must be before May 31. Without holding special meetings of the District Boards, this means that the second reading can be at the May Joint Board meeting, and the first reading must be at the April meeting. This schedule requires the FAHR Committee to consider the policy issues and recommend whether or not to adjust fees at their April 9, 1997 meeting. GGS:lc H:\WP .DTA \FIN\221 0\CRANE\SEWER.FEE\MMUSEFEE.97 Attachments: -Comparison of Annual Sewer Service User Fees -Option No. 1 Schedules (blue) •All Districts Summary Cash Flow •Schedule of Accumulated Funds, Summary & District -Option No. 2 Schedules (yellow) •All Districts Summary Cash Flow •Schedule of Accumulated Funds, Summary & District -Option No. 3 Schedules (green) •All Districts Summary Cash Flow •Schedule of Accumulated Funds, Summary & District -1997-98 Major Budget Policies and Issues Summary 3/5/97 2:25 PM Comparison of Annual Sewer Service User Fees Single Family Residence Rate Fees Shown In Red Are An Increase From The Prior Year Fees Shown In Green Are A Decrease From The Prior Year A: Maintain Current Fees For 1997-98, Continue to Borrow To 2000-01 For Capital Improvement Program District 1 2 3 5 6 7 11 13 District 1 2 3 5 6 7 11 13 1996-97 1997-98 1998-99 1999-2000 2000-01 2001-02 2002-03 2003-04 2004-05 $83.24 $83.24 $110.00 $120.00 $130.00 $140.00 $150.00 $160.00 $170.00 71.52 71.52 71.52 71.52 71.52 71.52 75.00 75.00 75.00 73.89 73.89 73.89 73.89 73.89 73.89 73.89 73.89 73.89 96.75 96.75 96.75 96.75 96.75 96.75 96.75 96.75 96.75 76.47 76.47 76.47 76.47 76.47 76.47 76.47 85.00 95.00 50.09 50.09 50.09 55.00 60.00 70.00 75.00 80.00 85.00 60.00 60.00 82.00 95.00 102.00 110.00 130.00 145.00 160.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 B: No New Borrowing, Pay As You Go Capital Plan, Funding Compliance In 3 Years 1996-97 1997-98 1998-99 1999-2000 2000-01 2001-02 2002-03 2003-04 2004-05 $83.24 $120.00 $200.00 $160.00 $140.00 $140.00 $140.00 $135.00 $135.00 71.52 71.52 71.52 74.00 76.50 76.50 76.50 76.50 76.50 73.89 73.89 73.89 73.89 73.89 73.89 73.89 73.89 73.89 96.75 85.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 76.47 76.47 76.47 76.47 76.47 76.47 76.47 85.00 95.00 50.09 60.00 70.00 80.00 90.00 90.00 80.00 70.00 70.00 60.00 100.00 140.00 160.00 140.00 120.00 120.00 120.00 120.00 100.00 90.00 80.00 80.00 75.00 75.00 75.00 75.00 75.00 2005-06 $180.00 75.00 79.00 96.75 105.00 90.00 170.00 100.00 2005-06 $135.00 76.50 73.89 75.00 105.00 70.00 120.00 75.00 C: Borrowing in Districts 1 & 11, Pay As You Go Capital Plan In Other Dist, Funding Compliance In 3 Years District 1996-97 1997-98 1998-99 1999-2000 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 1 $83.24 $105.00 $125.00 $145.00 $145.00 $145.00 $145.00 $150.00 $150.00 $150.00 2 71.52 71.52 71.52 74.00 76.50 76.50 76.50 76.50 76.50 76.50 3 73.89 73.89 73.89 73.89 73.89 73.89 73.89 73.89 73.89 73.89 5 96.75 85.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 75.00 6 76.47 76.47 76.47 76.47 76.47 76.47 76.47 85.00 95.00 105.00 7 50.09 60.00 70.00 80.00 90.00 90.00 80.00 70.00 70.00 70.00 11 60.00 90.00 120.00 130.00 130.00 130.00 130.00 130.00 130.00 130.00 13 100.00 90.00 80.00 80.00 75.00 75.00 75.00 75.00 75.00 75.00 CF _CONS1.XLW Fee summary - All Districts Summary County Sanitation District No. 1 Thru 14 Statement of Projected Cash Flow Fiscal Year 1996-97 Through 2005-2006 LINE OPERATING FUND 2 Funds Carried Over From Last Year 3 REVENUE 4 Share of 1 % Tax Allocation 5 Faas: Industrial Wasta 6 User Fees 7 Interest & Miscellaneous Income 8 Other Revenue 9 TOTAL REVENUE 10 TOTAL AVAILABLE FUNDING 11 EXPENDITURES 12 Share of Joint Works M & 0 13 Collection System M & 0 and Other Opar. 14 COP Servica/Trsf to COP Fund 1 5 TOT AL EXPENDITURES 16 Reserves & Carry-Over to Next Year 17 Next Year's Dry Period Funding Requirements 18 20% Contingency Funds (excl COP service) 19 Portion of Self Ins Funds, Surplus or (Deficit) 20 USER FEE DATA 21 22 23 24 Single Family Residence User Fee SFR Fee From 2020 Vision Mesterplan Number of Equivalent Dwelling Units Estimated User Fees, Excludes IRWD Estimated 1996-97 175,289,000 0 5,806,000 63,493,000 10,540,000 1,250,000 81 ,089;000 256,3.78,000, 47,700,000 10,348,500 11,682,000 69,730,500, 186,647,500 29,027,000 11,609,000 146,011 ,600 $71.38 $113.37 849,680 60,652,000 Preliminary 1997-98 186,647,500 0 6,678,000 62,753,000 11,494,000 0 80,925,000 26'7,572,500 47,000,000 10,003,000 2,666,750 59,569,750 208,002,750 28,504,000 11,399,000 168,099,750 $71.39 $125,52 851,700 60,803,000 Maintain Current Fees, Continue to Borrow for Capital Program Thru 2000-01 Preliminary 1998-99 208,002,750 0 7,680,000 66,050,000 12,842,000 0 86,572,000 294,574, 7.50 47,941,000 10,523,000 3,251,000 61 ,715,00.0 232,859,750 29,235,000 11,693,000 191,931 ,750 $74.99 $146.13 854,155 64,050,000 Preliminary 1999-2000 232,859,750 0 8,832,000 68,282,000 14,207,000 Q, 91 ,321,000 324, 1_80,760, 48,899,000 10,230,000 10,153,000 69,282,000 254,898,750 29,567,000 11,826,000 213,505,760 $77.21 $154.16 857,195 66,182,000 Section 3 -Page 7 Preliminary 2000-2001 254,898,750 0 10,157,000 70,173,000 15,358,000 0 95,688,000 35_0;586,750 49,877,000 10,487,000 17,821,000 78,185,000 272,401,750 30,595,000 12,071,000 229,735,750 $79.08 $176.71 860,820 68,073,000 5-Year Total 1996-2001 175,289,000 0 39,153,000 330,751,000 64,441,000 1,250,000 435,595,000 610,884,000 241,417,000 51,591,500 45,473.750 338,482.250 272,401,750 30,595,000 12,071,000 229,736,750 5-Year Total 2001-2006 272,401,750 0 78,764,000 398,567,000 109,473,000 0 586,804,000 859,205,750 264,759,000 60,831,000 79,588.000 405,178,000 454,027,750 34,274,000 13,681,000 406,072.750 $95.22 $220.38 887,970 84,551,000 10-Year Total 1996-2006 175,289,000 0 117,917,000 729,318,000 173,914,000 1.2so;ooo 1,02.2,399,.000 , • 197,688,000 506,176,000 112,422,500 125,061,750 743,660,250 454,027,750 34,274,000 13,681,000 406,072,750 LINE 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 21 22 23 24 _) ~) • -✓ All Districts Summary County Sanitation District No. 1 Thru 14 Statement of Projected Cash Flow Fiscal Year 1996-97 Through 2005-2006 LINE 25 CAPITAL FUND(S) 26 Funds Carried Over From Last Year 27 REVENUE 28 Construction Grants 29 Fees: Connection 30 Industrial Waste 30 User Fees 32 Sale of Capacity Rights 33 Annexation Fees 34 Interest & Miscellaneous Income 35 Transfer Proceeds from COP Fund 36 Other Revenue 37 TOTAL REVENUE 38 TOTAL AVAILABLE FUNDING 39 EXPENDITURES 40 Share of Joint Works Treatment Plant 41 District Collection System 42 Other 43 TOTAL EXPENDITURES 44 Funds to Carry Over to Next Year 45 Share of Capital Improvement Funds 46 Share of Environmental Requirements 4 7 Capital Share of Self Ins Funds 48 Single Family Residence Connection Fee 49 Number of New Equivalent Dwelling Units 50 Estimated Connection Fee Income 1996-97 155,816,000 0 4,686,000 0 2,000,000 540,000 0 7,744,000 0 10,719,500 25,689,500 181 ,505,500 51 ,822,000 7,815,000 11 ,809,000 .71,44_6,000 110,059,500 46,551,000 4,498,000 59,01 0,500 $2,360 2,020 4,767,000 1997-98 11 0,059,5-00 0 5,784,000 0 3,500,000 564,000 0 5,174,000 3,713,500 0 18,735,500 12s,7 95,oo·o 50,000,000 11,717,000 1,000,000 62,717,000 66,078,000 43,815,000 4,195,000 18,068,000 $2,480 2,455 6,088,000 Maintain Current Fees, Continue to Borrow for Capital Program Thru 2000-01 1998-99 66,078,000 0 7,510,000 0 2,700,000 571 ,000 0 4,145,000 54,092,250 1,000 69,019,260 135,09?,260 47,999,000 16,758,000 1,000,000 65,757,000 69,340,250 43,249,000 4,195,000 21 ,896,250 $2,600 3,040 7,904,000 1999-2000 ·69,340,250 0 9,404,000 0 2,700,000 548,000 0 4,362,000 50,737,750 0 67,751 ,750 137 ,0921000 48,998,000 16,675,700 1,000,0()0 6_6,673, 700 70,418,300 42,906,000 -4.195,000 23,317,300 $2,730 3,625 9,898,000 Section 3 -Page 8 2000-2001 70,41'8,300 0 12,160,000 0 2,700,000 672,000 0 4,640,000 45,199,000 0 65,371,000 135,789,300 47,285,000 12,220,000 1,000,000 60,605,000 75,284,300 42,810,000 4,195;000 28,279,300 $2,870 4,460 12,801 ,000 5-Year Total 1996-2001 155,816,000 0 39,544,000 0 13,600,000 2,895,000 0 26,065,000 153,742,500 10,720,500 246,567,000 402,383,000 246,104,000 65,185,700 15,809,000 327,098,700 75,284,300 42,810,000 4,195,000 28,279,300 5-Year Total 2001-2006 75,284,300 0 91 ,248,000 0 6,000,000 2,645,000 0 13,262,000 4,158,250 0 117,313,250 192,597,550 182,690,000 69,376,000 5,000,000 257,066,000 (64,468,450) 42,810,000 4,195,000 (111,473,450) $3,660 6,085 $22,272,000 Page 2 10-Year Total 1996-2006 155,8 i_6,0PO 0 130,792,000 0 19,600,000 5,540,000 0 39,327,000 157,900,750 10, 7-20,500 363,880,250 519,696,250 428,794,000 134,561,700 20,809,000 584; 164,700 (64,468,450) 42,810,000 4,19·5,000 1,111,473.4501 LINE 25 26 27 28 29 30 30 32 33 34 35 36 37 38 39 40 41 42 43 44 48 49 50 ... All Districts Summary County Sanitation District No. 1 Thru 14 Statement of Projected Cash Flow Fiscal Year 1996-97 Through 2005-2006 LINE 51 BOND FUNDIS) 52 Funds Carried Over From Last Year 53 REVENUE 54 Tax Levy 5 5 Interest & Miscellaneous Income 56 Other Income 57 TOTAL REVENUE 5B TOTAL AVAILABLE FUNDING 59 EXPENDITURES 60 Bond Principal & Interest 61 Transfer to Capital Facilities 62 TOTAL EXPENDITURES 63 Funds to Carry Over to Next Year 64 Next Year's Dry Period Funding Requirements 65 Fund Balance or (Delicitl 66 COP FUNDS 67 Funds Carried Over From Last Year 6B REVENUE 69 New Borrowing 70 Share of 1 % Tax Allocation 71 Transfer COP Service From Operating Fund 72 Interest & Other 73 Total Revenue 74 TOTAL AVAILABLE FUNDING 75 EXPENDITURES 76 Project Cost Transfers to Capital Facilities Fund 77 Costs of Issuance 78 COP Service 79 Other 80 Total Expenditures 81 Reserves & Carry-over to Next Year 82 Required Debt Service Reserves "Dry Period" Debt Service Funds 83 Fund Balance 1996-97 28,000 10,000 2,000 0 12,000 40,000 16,000 0 16,000 24,000 24,000 0 50,9'67,000 0 30,617,000 15,174,250 2,89,0,00_0 48,681,250 99,648,250 0 0 35,973,000 0 35,973,000 6~,675,250' 32,982,000 26,979,750 3, 71,3,50_0 1997-9B 24,000 15,000 1,000 0 16,000 40,000 16,000 0 16,000 24,000 2'4,000 0 6 3.'67-5, 25_0 0 30,617,000 2,560,500 3,703,000 36,880,500 , o_o,555, 150 3,713,500 0 34,491,000 0 38,204,600 62,351 ,250 32,982,000 25, a:se,2so 3,601,000 Maintain Current Fees, Continue to Borrow for Capital Program Thru 2000-01 1998-99 1999-2000 2000-2001 24,000 8,000 0;0,00 0 0 0 1,000 0 0 0 0 0 1,000 0 0 25,000 8,000 a,oob 16,000 0 0 LOCO 0 0 17,000 0 0 8,000 8,000 8,000 8,000 8,000 8,000 0 0 0 62,,351,250 65,3"02, 750 70,522,250 57,000,000 54,000,000 49,500,000 30,617,000 30,617,000 30,617,000 3,252,750 10,152,250 17,824,500 3,619,000 3,643;000 3,754,000 94,488,750 98,412,250 101,695',500 156,840,000 163, 715,QO_Q 172,217,750 54,092,250 50,737,750 45,199,000 2,850,000 2,700,000 2,475,000 34,595,000 39,755,000 46,528,000 0 0 ·o 91,53'7,250 93,1 92,750 94,202,000 65,302,750 70,522,260 7 8,01 5,750 35,832,000 38,532,000 41 ,007,000 25.94-6,250 29,81 6,250 34,-8,96,000 3,524,500 2,174,000 2,112,750 Section 3 -Page 9 5-Year Total 5-Year Total 1996-2001 2001-2006 28,000 8,000 25,000 0 4,000 0 0 0 29,000 0 57,000 8,000 48,000 0 1,000 0 49,000 0 8,000 8,000 8,000 8,000 0 0 50,967,000 78,015,750 160,500,000 0 153,085,000 153,085,000 48,964,250 79,768,750 17.609.000 20,712.000 380, 158,250 253,565,750 431.125.250 331 ,581,500 153,742,500 4,158,250 8,025,000 0 191,342,000 247,733,000 0 0 353,109,500 251,891,250 78,015,750 79,690,250 41,007,000 41,007,000 34,896,000 37,435.500 2,112,750 1,247,750 Page 3 10-Year Total 1996-2006 28,000 25,000 4,000 0 291000 57,000 48,000 1,_000 49,000 8,000 8,000 0 50,967,Ci'O_O 160,500,000 306, 170,000 128,733,000 38,321 ,000 633, 724,0ob 684,691,000 157,900,750 8,025,000 439,075,000 0 605,000,750 79,690,250' 41,007,000 37,435,500 1,247,750 LINE 51 52 53 56 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 ~) 73 74 75 76 77 78 79 BO 81 82 83 All Districts Summary County Sanitation District No. 1 Thru 14 Statement of Projected Cash Flow Fiscal Year 1996-97 Through 2005-2006 LINE 84 SUMMARY 85 Funds Caried Over From Last Year 86 Total Revenue 87 Total Available Funding 88 Total Expenditures 89 Funds to Carry-Over to Next Year RESERVES ANALYSIS 90 Next Year's Dry Period Oper Fund Requirements 91 Contingency Funds, 20% of Operating Rqmts 92 Debt Service Reserves end Fund Balance Next Year's Dry Period Debt Service Requirements 93 Share of Capital Improvement Program 94 Share of Environmental Requriements 95 Capital Share of Self Ins Funds 96 Operating Share of Self Ins Funds 97 Total Appropriated Accumulated Funds 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds DEBT SERVICE RATIOS 100 Senior Lien Coverage, Minimum 1.25 101 Subordinate Lien Coverage, Minimum 1.00 102 Senior Additional Bonds Test, Minimum 1.25 103 Subordinate Additional Bonds Test, Minimum 1 .00 104 Net Revenues For Ratio Calculations 105 Senior Lien Service 106 Maximum Variable COP Service@ 7.5% 1996-97 382,100,000 155,471 ,750 537,571,750 177,165,500 360,406,250 29,051,000 11,609,000 36,695,500 26,979,750 46,551 ,000 4,498,000 59,010,500 146,011 ,500 360,406,250 0 360,406,250 2.88 1.66 2.88 2.21 64,831,500 22,519,000 16,610,000 1997-98 360,406,250 136,557,0QO 496,963,250 160,507,25'0 336,456,000 28,528,000 11,399,000 36,483,000 25,868,250 43,815,000 4,195,000 18,068,000 168,099,750 336,456,000 0 336,466,000 2.85 1.63 2.85 2.15 63,980,000 22,441,000 16,709,000 Maintain Current Fees, Continue to Borrow for Capital Program Thru 2000-01 1998-99 1-999-2000 2000-2001 336,456,000 367,510,750 395,847,300 250,081,000 257,485;000 2-6_2,764,500 586,537,000 624,995,750 658,601,800 21 9,026,250 228, 148,460 232,892,000 367,510,750 395,847,300 4 25,709,800 29,243,000 29,575,000 30,603,000 11,693,000 11,826,000 12,071,000 39,356,500 40,706,000 43,119,750 25,946,250 29,816,250 34,896,000 43,249,000 42,906,000 42,810,000 4,195,000 4,195,000 4,195,000 21,896,250 23,317,300 28,279,300 191,931,750 21 3,505,750 _229,73'5,750 367,510,750 395,847,300 425,709,800 0 0 0 367,510,750 396,847,300 425;709,800 2.99 2.86 2.66 1.73 1.62 1.47 2.99 2.86 2.66 2.38 2.09 1 .75 67,060,000 71,362,000 75,007,000 22,403,000 24,954,000 28,197,000 16,393,000 19,219,000 22,667,000 Section 3 -Page 10 5-Year Total 5-Year Total 1996-2001 2001-2006 382,100,000 425,709,800 1,062,349,250 957,683,000 1,444,449,250 1,383,392,800 1,018,739,450 914,135,250 425,709,800 469,257,550 30,603,000 34,282,000 12,071,000 13,681,000 43,119,750 42,254,750 34,896,000 37,435,500 42,810,000 42,810,000 4,195,000 4,195,000 28,279,300 (111,473,450) 229,735,750 '406,072,750 425,709,800 469,257,550 0 0 425,709.800 469,257,550 3.22 1.84 3.22 2.63 102,434,000 31,796,500 23,862,500 Page 4 10-Year Total 1996-2006 382,100,000 2,020,032,250 2,402,132,250 1,932.874, 700 469,257,550 34,282,000 13,681,000 42,254,750 37,435,500 42,810,000 4,195,000 (111,473,450) 406,072,760 469,257,550 0 469,257;550 LINE 84 85 86 87 BB 89 90 91 92 93 94 95 96 97 98 100 101 102 103 104 105 106 ,. 3/5/97 Page 1 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Reserve Levels and COP Ratios Maintain Current Fees, Continue to Borrow for Capital Program Thru 2000-01 Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelim. ) Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-0'ti ALL DISTRICT SUMMARY ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 29,051,000 28,528,000 29,243,000 29,575,000 30,603,000 31,550,000 32,071,000 32,882,000 33,713,000 34,282,000 91 Contingency Funds, 20% of Operating Reqmts 11,609,000 11,399,000 11,693,000 11,826,000 12,071,000 12,411,000 12,683,000 13,005,000 13,337,000 13,681,000 92 Debt Service Reserves and Fund Balance 36,695,500 36,483,000 39,356,500 40,706,000 43,119,750 41,692,500 41 ,522,750 41,506,500 41,510,500 42,254,750 Next Year's Dry Period Debt Service 26,979,750 25,868,250 25,946,250 29,816,250 34,896,000 36,768,000 37,033,500 37,203,750 37,359,000 37,435,500 93 Share of Capital Improvement Program 46,551,000 43,815,000 43,249,000 42,906,000 42,810,000 42,810,000 42,810,000 42,810,000 42,810,000 42,810,000 94 Share of Environmental Requriements 4,498,000 4,195,000 4,195,000 4,195,000 4,195,000 4,195,000 4,195,000 4,195,000 4,195,000 4,195,000 95 Capital Share of Catastrophe Funds 59,010,500 18,068,000 21,896,250 23,317,300 28,279,300 163,300 (29,167,200) (57,700,450) (85,127,950) (111,473,450) 96 Operating Share of Catastrophe Funds 146,011,500 168,099,750 191,931,750 213,505,750 229,735,750 252,224,250 282,271,500 317,133,500 357,828,750 406,072,750 97 Total Appropriated Accumulated Funds 360,406,250 336,456,000 367,510,750 395,847,300 425,709,800 421,814,050 423,419,550 431,035,300 445,625,300 469,257,550 98 Unappropriated Accumulated Funds ----- 99 Total Accumulated Funds 360,406,250 336,456,000 367,510,750 395,847,300 425,709,800 421,814,050 423,419,550 431,035,300 445,625,300 469,257,550 ALL DISTRICT S!,!MMARY COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 2.88 2.85 2.99 2.86 2.66 2.71 2.83 2.93 3.04 l. 101 Subordinate Lien Coverage, Min 1.00 1.66 1.63 1.73 1.62 1.47 1.50 1.57 1.64 1.72 1.84 102 Senior Additional Bonds Test, Min 1.25 2.88 2.85 2.99 2.86 2.66 2.71 2.83 2.93 3.04 3.22 103 Subordinate Additional Bonds Test, Min 1.00 2.21 2.15 2.38 2.09 1.75 1.81 1.97 2.14 2.34 2.63 20 ALL DISTRICT SUMMARY AVt;;, USER FEE DATA 21 Single Family Residence User Fee $71 .38 $71.39 $74.99 $77.21 $79.08 $81.60 $85.35 $88.14 $91.00 $95.22 22 SFR Fee From 2020 Vision Masterplan $113.37 $125.52 $146.13 $154.16 $176.71 $178.89 $181.77 $199.16 $200,85 $220.38 24 Estimated User Fees From Tax Bill $60,652,000 $60,803,000 $64,050,000 $66,182,000 $68,073,000 $70,608,000 $74,314,000 $77,232,000 $80,262,000 $84,551,000 CF _CONS1 .XLW Res & Ratio Summary 2:08 PM 3/5/97 Page 2 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Reserve Levels and COP Ratios Maintain Current Fees, Continue to Borrow for Capital Program Thru 2000-01 Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimir-~1 Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 200t DISTRICT NO 1 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 2,689,000 2,768,000 2,909,000 3,030,000 3,016,000 3,090,000 3,166,000 3,244,000 3,325,000 3,407,000 91 Contingency Funds, 20% of Operating Reqmts 1,076,000 1,107,000 1,163,000 1,212,000 1,206,000 1,236,000 1,266,000 1,298,000 1,330,000 1,363,000 92 Debt Service Reserves and Fund Balance 4,390,000 4,390,000 4,615,000 4,765,000 4,915,000 4,915,000 4,915,000 4,915,000 4,915,000 4,915,000 Next Year's Dry Period Debt Service 3,504,000 3,357,000 3,369,750 3,677,250 3,885,000 4,074,750 4,114,500 4,139,250 4,164,000 4,463,250 93 Share of Capital Improvement Program 1,566,000 94 Share of Environmental Requriements 95 Capital Share of Catastrophe Funds (3,128,000) (3,443,000) (5,057,000) (6,341,000) (9,834,000) (13,256,000) (16,602,000) (19,867,000) (23,051,000) 96 Operating Share of Catastrophe Funds 3,875,000 3,J98,000 4,437,250 5,480,750 7,558,000 10,190,250 13,940,500 18,776,750 24,787,000 31 ,408,750 97 Total Appropriated Accumulated Funds 17,100,000 11,892,000 13,051,000 13,108,000 14,239,000 13,672,000 14,146,000 15,771,000 18,654,000 22,506,000 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 17,100,000 11,892,000 13,051,000 13,108,000 14,239,000 13,672,000 14,146,000 15,771,000 18,654,000 22,506,000 DISTRICT NO 1 COP COVERAGE RATIOS 1 oo Senior Lien Coverage, Min 1.25 1.68 1.37 1.96 2.05 2.28 2.46 2.73 3.03 3.35 _..,5 101 Subordinate Lien Coverage, Min 1.00 1.07 0.86 1.33 1.28 1.40 1.50 1.67 1.86 2.06 2.14 102 Senior Additional Bonds Test, Min 1.25 1.68 1.83 2.97 2.56 2.78 4.68 5.03 4,30 4.80 5.34 103 Subordinate Additional Bonds Test, Min 1.00 1.19 0.63 2.01 1.73 2.05 2.30 2.74 3.23 3.77 4.18 20 DISTRICT NO 1 USER FEE DATA 21 Single Family Residence User Fee $83.24 $83.24 $110.00 $120.00 $130.00 $140.00 $150.00 $160.00 $170.00 $180.00 22 SFR Fee From 2020 Vision Masterplan $125.00 $150.00 $175.00 $175.00 $225.00 $225.00 $250.00 $325.00 $325.00 $325.00 24 Estimated User Fees From Tax Bill $6,027,000 $6,031,000 $7,981,000 $8,724,000 $9,477,000 $10,241,000 $11,048,000 $11,864,000 $12,691,000 $13,527,000 CF _CONS1.XLW Res & Ratio Summary 2:08 PM "3/5/97 Page 3 of 10 AH Districts Summary County Sanitation District No.1 thru 14 Summary of Reserve Levels and COP Ratios Maintain Current Fees, Continue to Borrow for Capital Program Thru 2000-01 Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimi· Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04, 2004-05 ~ DISTRICT NO 2 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 8,633,000 8,511,000 9,044,000 8,920,000 9,134,000 9,340,000 9,566,000 9,800,000 10,040,000 10,287,000 91 Contingency Funds, 20% of Operating Reqmts 3,453,000 3,404,000 3,618,000 3,568,000 3,654,000 3,736,000 3,826,000 3,920,000 4,016,000 4,115,000 92 Debt Service Reserves and Fund Balance 11,606,000 11,606,000 12,406,000 13,356,000 14,356,000 14,356,000 14,356,000 14,356,000 14,356,000 14,356,000 Next Year's Dry Period Debt Service 8,862,750 8,504,250 8,532,000 9,621,000 12,270,750 12,234,750 12,326,250 12,381,000 12,435,750 12,456,000 93 Share of Capital Improvement Program 14,565,000 14,565,000 14,565,000 14,565,000 14,565,000 14,565,000 14,565,000 14,565,000 14,565,000 14,565,000 94 Share of Environmental Requriements 1,456,000 1,456,000 1,456,000 1,456,000 1,456,000 1,456,000 1,456,000 1,456,000 1,456,000 1,456,000 95 Capital Share of Catastrophe Funds 28,249,500 15,904,500 17,812,500 18,916,500 21,733,500 15,016,500 8,214,500 1,345,500 (5,574,500) (12,547,500) 96 Operating Share of Catastrophe Funds 35,095,000 43,345,500 50,210,750 56,832,750 58,512,000 63,898,000 70,942,500 79,142,750 88,679,000 99,884,750 97 Total Appropriated Accumulated Funds 111,920,250 107,296,250 117,644,250 127,235,250 135,681,250 134,602,250 135,252,250 136,966,250 139,973,250 144,572,250 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 111,920,250 107,296,250 117,644,250 127,235,250 135,681,250 134,602,250 135,252,250 136,966,250 139,973,250 144,572,250 DISTRICT NO 2 COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 2.91 3.04 2.98 2.88 2.44 2.53 2.67 2.74 2.83 ~.de 101 Subordinate Lien Coverage, Min 1.00 1.74 1.81 1.78 1.69 1.38 1.44 1.52 1.56 1.62 1.69 102 Senior Additional Bonds Test, Min 1.25 2.91 3.04 2.98 2.88 2.44 2.53 2.67 2.74 2.83 2.96 103 Subordinate Additional Bonds Test, Min 1.00 2.85 3.01 2.93 2.68 1.89 2.02 2.21 2.32 2.45 2.62 20 DISTRICT NO 2 USER FEE DATA 21 Single Family Residence User Fee $71.52 $71.52 $71.52 $71.52 $71.52 $71.52 $75.00 $75.00 $75.00 $75.00 22 SFR Fee From 2020 Vision Masterplan $100.00 $125.00 $125.00 $125.00 $150.00 $150.00 $150.00 $175,00 $175.00 $170.00 24 Estimated User Fees From Tax Bill $18,974,000 $19,046,000 $19,117,000 $19,207,000 $19,314,000 $19,457,000 $20,567,000 $20,730,000 $20,893,000 $21,056,000 CF _CONS1.XLW Res & Ratio Summary 2:08 PM 3/5/97 Page 4 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Reserve Levels and COP Ratios Maintain Current Fees, Continue to Borrow for Capital Program Thru 2000-01 Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimir Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005 DISTRICT NO 3 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 9,053,000 8,448,000 8,215,000 8,367,000 8,571,000 8,782,000 8,998,000 9,221,000 9,451,000 9,687,000 91 Contingency Funds, 20% of Operating Reqmts 3,621,000 3,379,000 3,286,000 3,347,000 3,428,000 3,513,000 3,599,000 3,688,000 3,780,000 3,875,000 92 Debt Service Reserves and Fund Balance 10,486,250 11,433,250 11 ,993,750 12,286,000 13,036,000 13,036,000 13,036,000 13,036,000 13,036,000 13,036,000 Next Year's Dry Period Debt Service 8,607,759 8,245,500 8,271,750 9,564,750 10,736,250 11,709,750 11 ,801 ,250 11,858,250 11,916,750 12,403,500 93 Share of Capital Improvement Program 15,125,000 15,125,000 15,125,000 15,125,000 15,125,000 15,125,000 15,125,000 15,125,000 15,125,000 15,125,000 94 Share of Environmental Requriements 1,512,000 1,512,000 1,512,000 1,512,000 1,512,000 1,512,000 1,512,000 1,512,000 1,512,000 1,512,000 95 Capital Share of Catastrophe Funds 10,559,000 (4,428,750) (3,873,500) (4,154,750) (3,116,750) (12,615,750) (22,454,750) (32,110,750) (41,572,750) (50,841,750) 96 Operating Share of Catastrophe Funds 58,031,500 68,732,500 80,278,500 89,463,500 97,675,000 106,844,500 117,497,000 128,890,000 141,087,500 154,686,750 97 Total Appropriated Accumulated Funds 116,995,500 112,446,500 124,808,500 135,510,500 146,966,500 147,906,500 149,113,500 151,219,500 154,335,500 159,483,500 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 116,995,500 112,446,500 124,808,500 135,510,500 146,966,500 147,906,500 149,113,500 151,219,500 154,335,500 159,483,500 DISTRICT NO 3 COP COVERAQE RATIOS 100 Senior Lien Coverage, Min 1.25 3.53 3.75 3.90 3.50 3.23 3.19 3.19 3.26 3.35 .,.40 101 Subordinate Lien Coverage, Min 1.00 1.86 1.97 2.05 1.83 1.68 1.66 1.66 1.70 1.75 1.83 102 Senior Additional Bonds Test, Min 1.25 3.53 3.75 3.90 3.50 3.23 3.19 3.19 3.26 3.35 3.40 103 Subordinate Additional Bonds Test, Min 1.00 2.82 3.03 3.21 2.74 2.41 2.37 2.38 2.47 2.58 2.81 20 DISTRICT NO 3 USER FEE DATA 21 Single Family Residence User Fee $73.89 $73.89 $73.89 $73.89 $73.89 $73.89 $73.89 $73.89 $73.89 $79.00 22 SFR Fee From 2020 Vision Masterplan $125.00 $125.00 $175.00 $175.00 $200.00 $200.00 $200.00 $200.00 $200.00 $245.00 24 Estimated User Fees From Tax Bill $20,697,000 $20,734,000 $20,778,000 $20,830,000 $20,889,000 $20,955,000 $21,044,000 $21,133,000 $21,221,000 $22,784,000 CF _CONS1.XLW Res & Ratio Summary 2:08 PM ' 3/5/97 Page 5 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Reserve Levels and COP Ratios Maintain Current Fees, Continue to Borrow for Capital Program Thru 2000-01 Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimi· Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 ~ DISTRICT NO 5 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 1,280,000 1,297,000 1,334,000 1,371,000 1,410,000 1,451,000 1,493,000 1,536,000 1,581,000 1,627,000 91 Contingency Funds, 20% of Operating Reqmts 512,000 519,000 533,000 548,000 564,000 580,000 597,000 614,000 632,000 651,000 92 Debi Service Reserves and Fund Balance 3,268,250 2,689,000 2,964,500 3,661 ,000 3,943,750 2,516,500 2,346,750 2,330,500 2,334,500 3,078,750 Next Year's Dry Period Debt Service 1,383,750 1,329,750 1,334,250 1,466,250 1,606,500 1,701,750 1,713,000 1,720,500 1,722,000 1,409,250 93 Share of Capital Improvement Program 1,910,000 1,910,000 1,910,000 1,910,000 1,910,000 1,910,000 1,910,000 1,910,000 1,910,000 1,910,000 94 Share of Environmental Requriements 191,000 191,000 191,000 191,000 191,000 191 ,000 191,000 191,000 191,000 191 ,000 95 Capital Share of Catastrophe Funds 6,611,000 7,120,250 7,951 ,250 8,912,250 10,018,250 11,358,250 11,577,750 11 ,753,500 12,050,000 12,503,500 96 Operating Share of Catastrophe Funds 12,952,000 13,950,000 14,922,000 15,897,000 16,873,000 17,853,000 18,841,000 19,840,000 20,851 ,000 21,878,000 97 Total Appropriated Accumulated Funds 28,108,000 29,006,000 31,140,000 33,956,500 36,516,500 37,561,500 38,669,500 39,895,500 41,271,500 43,248,500 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 28,108,000 29,006,000 31,140,000 33,956,500 36,516,500 37,561,500 ~,669,500 39,895,500 41,271,500 43,248,500 DISTRICT NO 5 COP COVERAGE RATIOS ) 100 Senior Lien Coverage, Min 1.25 3.99 4.04 4.03 3.78 3.61 3.51 3.47 3.47 3.48 ;,,16 101 Subordinate Lien Coverage, Min 1.00 2.37 2.39 2.39 2.22 2.08 2.01 1.99 1.99 2.00 2.46 102 Senior Additional Bonds Test, Min 1.25 3.99 4.04 4.03 3.78 3.61 3.51 3.47 3.47 3.48 5.16 103 Subordinate Additional Bonds Test, Min 1.00 4.38 4.40 4.39 3.93 3.54 3.37 3.32 3.31 3.36 3.81 20 DISTRICT NO 5 USER FEE DATA 21 Single Family Residence User Fee $96.75 $96.75 $96.75 $96.75 $96.75 $96.75 $96.75 $96,75 $96.75 $96.75 22 SFR Fee From 2020 Vision Masterplan $125.00 $125.00 $150.00 $150.00 $150.00 $175.00 $175.00 $175.00 $175.00 $225.00 24 Estimated User Fees From Tax Bill $2,670,000 $2,675,000 $2,682,000 $2,692,000 $2,704,000 $2,719,000 $2,738,000 $2,760,000 $2,784,000 $2,811,000 CF _CONS1 .XLW Res & Ratio Summary 2:08 PM 3/5/97 Page 6 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Reserve Levels and COP Ratios Maintain Current Fees, Continue to Borrow for Capital Program Thru 2000-01 Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimir• Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005 DISTRICT NO 6 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 961,000 966,000 988,000 1,011,000 1,034,000 1,058,000 1,082,000 1,107,000 1,133,000 1,160,000 91 Contingency Funds, 20% of Operating Reqmts 384,000 386,000 395,000 404,000 413,000 423,000 433,000 443,000 453,000 464,000 92 Debi Service Reserves and Fund Balance 1,171,000 1,171,000 1,321,000 1,421,000 1,521,000 1,521,000 1,521,000 1,521,000 1,521,000 1,521,000 Next Year's Dry Period Debt Service 1,102,500 1,056,750 1,058,250 1,261,500 1,405,500 1,533,000 1,540,500 1,547,250 1,551,000 1,470,750 93 Share of Capital Improvement Program 2,175,000 1,005,000 439,000 96,000 94 Share of Environmental Requriements 218,000 95 Capital Share of Catastrophe Funds 2,967,000 (828,000) (964,000) (1,058,000) (1,255,000) (3,862,000) (6,429,000) (8,952,000) (11,427,000) (13,851,000) 96 Operating Share of Catastrophe Funds 11,924,000 14,152,750 16,405,250 18,276,000 20,108,000 21,873,500 23,841,000 26,282,250 29,300,500 33,137,750 97 Total Appropriated Accumulated Funds 20,902,500 17,909,500 19,642,500 21 ,411,500 23,226,500 22,546,500 21 ,988,500 21,948,500 22,531,500 23,902,500 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 20,902,500 17,909,500 19,642,500 21 ,411,500 23,226,500 22,546,500 21,988,500 21,948,500 22,531,500 23,902,500 DISTRICT NO 6 COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 12.59 12.72 12.46 B.80 7.47 6.52 6.66 7.43 8.36 ·, , . ..;7 101 Subordinate Lien Coverage, Min 1.00 2.47 2.47 2.43 2.12 1.96 1.85 1.89 2.11 2.38 2.81 102 Senior Additional Bonds Test, Min 1.25 12.59 12.72 12.46 8.80 7.47 6.52 6.66 7.43 8.36 11 .57 103 Subordinate Additional Bonds Test, Min 1.00 2.83 2.82 2.77 2.47 2.31 2.19 2.25 2.55 2.93 3.40 20 DISTRICT NO 6 USER FEE DATA 21 Single Family Residence User Fee $76.47 $76.47 $76.47 $76.47 $76.47 $76.47 $76.47 $85.00 $95.00 $105.00 22 SFR Fee From 2020 Vision Masterplan $100.00 $125.00 $125.00 $150.00 $175.00 $175.00 $200.00 $275.00 $300.00 $335.00 24 Estimated User Fees From Tax Bill $3,330,000 $3,332,000 $3,334,000 $3,337,000 $3,341,000 $3,346,000 $3,351,000 $3,732,000 $4,179,000 $4,629,000 CF _CONS1.XLW Res & Ratio Summary 2:08 PM 3/5/97 Page 7 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Reserve Levels and COP Ratios Maintain Current Fees, Continue to Borrow for Capital Program Thru 2000-01 Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelim' Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005- DISTRICT NO 7 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 3,101,000 3,176,000 3,324,000 3,362,000 3,835,000 4,136,000 3,979,000 4,091,000 4,200,000 4,028,000 91 Contingency Funds, 20% of Operating Reqmts 1,240,000 1,270,000 1,329,000 1,345,000 1,369,000 1,449,000 1,451,000 1,493,000 1,537,000 1,582,000 92 Debt Service Reserves and Fund Balance 3,947,000 3,144,500 3,464,750 2,940,000 2,921,000 2,921,000 2,921,000 2,921,000 2,921,000 2,921,000 Next Year's Dry Period Debt Service 1,737,000 1,666,500 1,670,250 2,109,000 2,658,750 2,991,000 3,001,500 3,011 ,250 3,015,750 2,778,000 93 Share of Capital Improvement Program 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 4,500,000 94 Share of Environmental Requriements 450,000 450,000 450,000 450,000 450,000 450,000 450,000 450,000 450,000 450,000 95 Capital Share of Catastrophe Funds 1,490,000 (1 ,658,000) (900,000) 63,000 533,000 (2,806,000) (6,139,000) (9,282,000) (12,186,000) (14,836,000) 96 Operating Share of Catastrophe Funds 13,711,000 14,184,000 14,410,000 15,397,000 15,724,250 16,852,000 19,688,500 22,945,750 27,025,250 32,883,000 97 Total Appropriated Accumulated Funds 30,176,000 26,733,000 28,248,000 30,166,000 31,991,000 30,493,000 29,852,000 30,130,000 31,463,000 34,306,000 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 30,176,000 26,733,000 28,248,000 30,166,000 31,991,000 30,493,000 29,852,000 30,130,000 31,463,000 34,306,000 DISTRICT NO 7 COP COVERAGE RATIOS ) 1 oo Senior Lien Coverage, Min 1.25 4.20 3.74 3.67 3.37 3.08 3.11 3.41 3.77 4.17 :i'.95 101 Subordinate Lien Coverage, Min 1.00 1.74 1.59 1.52 1.45 1.35 1.40 1.54 1.70 1.89 2.33 102 Senior Additional Bonds Test, Min 1.25 4.20 3.74 3.67 3.37 3.08 3.11 3.41 3.77 4.17 5.95 103 Subordinate Additional Bonds Test, Min 1.00 2.27 2.03 1,89 1.79 1.62 1.72 1.98 2.28 2.62 3.18 20 DISTRICT NO 7 USER FEE DATA 21 Single Family Residence User Fee $50.09 $50.09 $50.09 $55.00 $60.00 $70.00 $75.00 $80.00 $85.00 $90.00 22 SFR Fee From 2020 Vision Masterplan $75.00 $75,00 $75.00 $125.00 $125.00 $125.00 $130.00 $125.00 $125.00 $145.00 24 Estimated User Fees From Tax Bill $5,109,000 $5,114,000 $5,122,000 $5,635,000 $6,162,000 $7,210,000 $7,751,000 $8,300,000 $8,857,000 $9,423,000 CF _CONS1.XLW Res & Ratio Summary 2:08 PM 3/5/97 Page 8 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Reserve Levels and COP Ratios Maintain Current Fees, Continue to Borrow for Capital Program Thru 2000-01 Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimir--- flgf 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005 DISTRICT NO 11 ACCUMULATED FUNDS 90 Next Years Dry Period Funding Requirements 2,230,000 2,249,000 2,290,000 2,348,000 2,408,000 2,470,000 2,534,000 2,600,000 2,668,000 2,739,000 91 Contingency Funds, 20% of Operating Reqmts 882,000 890,000 913,000 936,000 960,000 985,000 1,010,000 1,037,000 1,064,000 1,092,000 92 Debt Service Reserves and Fund Balance 1,827,000 2,049,250 2,591,500 2,277,000 2,427,000 2,427,000 2,427,000 2,427,000 2,427,000 2,427,000 Next Year's Dry Period Debt Service 1,636,500 1,568,250 1,569,000 1,976,250 2,191,500 2,382,000 2,394,000 2,403,000 2,410,500 2,309,250 93 Share of Capital Improvement Program 3,340,000 3,340,000 3,340,000 3,340,000 3,340,000 3,340,000 3,340,000 3,340,000 3,340,000 3,340,000 94 Share of Environmental Requriements 334,000 249,000 249,000 249,000 249,000 249,000 249,000 249,000 249,000 249,000 95 Capital Share of Catastrophe Funds 1,510,000 (1,655,000) (988,000) (353,500) 472,500 (2,216,500) (4,860,500) (7,289,500) (9,479,500) (11,415,500) 96 Operating Share of Catastrophe Funds 6,994,000 6,246,000 6,467,000 6,513,750 6,758,500 7,154,000 8,767,000 11,232,000 14,626,500 19,016,750 97 Total Appropriated Accumulated Funds 18,753,500 14,936,500 16,431,500 17,286,500 18,806,500 16,790,500 15,860,500 15,998,500 17,305,500 19,757,500 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 18,753,500 14,936,500 16,431,500 17,286,500 18,806,500 16,790,500 15,860,500 15,998,500 17,305,500 19,757,500 DISTRICT NO 11 COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 6.94 4.77 7_35 5.27 4.80 4.45 5.43 6.36 7.39 --· 0 101 Subordinate Lien Coverage, Min 1.00 1.13 0.77 1.19 1.20 1.20 1.21 1.47 1.73 2.00 2.32 102 Senior Additional Bonds Test, Min 1.25 6.94 4.77 7.35 5.27 4.80 4.45 5.43 6.36 7.39 9.76 103 Subordinate Additional Bonds Test, Min 1.00 1.16 0.73 1.23 1.26 1.26 1.28 1.65 2.00 2.38 2.74 20 DISTRICT NQ 11 USER FEE DATA 21 Single Family Residence User Fee $60.00 $60.00 $82.00 $95.00 $102.00 $110.00 $130.00 $145.00 $160.00 $170.00 22 SFR Fee From 2020 Vision Masterplan $175.00 $175.00 $175.00 $175.00 $175.00 $200.00 $200.00 $200.00 $200.00 $200.00 24 Estimated User Fees From Tax Bill $3,042,000 $3,048,000 $4,178,000 $4,859,000 $5,243,000 $5,687,000 $6,767,000 $7,605,000 $8,464,000 $9,078,000 CF_CONS1.XLW Res & Ratio Summary 2:08 PM ~3/5/97 Page 9 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Reserve Levels and COP Ratios Maintain Current Fees, Continue to Borrow for Capital Program Thru 2000-01 Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimi'_j Ref 1996-97 1997-98 _1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005 DISTRICT NO 13 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 268,000 269,000 274,000 280,000 286,000 292,000 298,000 304,000 311,000 318,000 91 Contingency Funds, 20% of Operating Reqmts 107,000 107,000 110,000 112,000 114,000 117,000 119,000 121,000 124,000 127,000 92 Debt Service Reserves and Fund Balance Next Year's Dry Period Debt Service 21,000 20,250 20,250 20,250 20,250 20,250 20,250 20,250 20,250 20,250 93 Share of Capital Improvement Program 515,000 515,000 515,000 515,000 515,000 515,000 515,000 515,000 515,000 515,000 94 Share of Environmental Requriements 52,000 52,000 52,000 52,000 52,000 52,000 52,000 52,000 52,000 52,000 95 Capital Share of Catastrophe Funds 6,451,000 6,042,000 5,794,000 5,698,000 5,811,000 5,616,000 5,645,000 5,932,000 6,516,000 7,251,000 96 Operating Share of Catastrophe Funds 1,660,000 2,049,000 2,479,000 2,965,000 3,515,000 4,136,000 4,841,000 5,638,000 6,534,000 7,542,000 97 Total Appropriated Accumulated Funds 9,074,000 9,054,250 9,244,250 9,642,250 10,313,250 10,748,250 11,490,250 12,582,250 14,072,250 15,825,250 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 9,074,000 9,054,250 9,244,250 9,642,250 10,313,250 10,748,250 11,490,250 12,582,250 14,072,250 15,825,250 DISTRICT NO 13 COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA~ 101 Subordinate Lien Coverage, Min 1.00 26.93 27.33 28.30 29.83 31.97 34.30 36.90 40.27 44.50 49.50 102 Senior Additional Bonds Test, Min 1.25 NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA 103 Subordinate Additional Bonds Test, Min 1.00 26.93 27.33 28.30 29.83 31.97 34.30 36.90 40.27 44.50 49.50 20 DISTRICT NO 13 USER FEE DATA 21 Single Family Residence User Fee $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 22 SFR Fee From 2020 Vision Masterplan $175.00 $270.00 $385.00 $450.00 $530.00 $505.00 $400.00 $390.00 $415.00 $460.00 24 Estimated User Fees From Tax Bill $803,000 $823,000 $858,000 $898,000 $943,000 $993,000 $1,048,000 $1,108,000 $1,173,000 $1,243,000 CF _CONS1.XLW Res & Ratio Summary 2:08 PM 3/5/97 Page 10 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Reserve Levels and COP Ratios Maintain Current Fees, Continue to Borrow for Capital Program Thru 2000-01 Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 DISTRICT NO 14 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 836,000 844,000 865,000 886,000 909,000 931 ,000 955,000 979,000 1,004,000 1,029,000 91 Contingency Funds, 20% of Operating Reqmts 334,000 337,000 346,000 354,000 363,000 372,000 382,000 391,000 401,000 412,000 92 Debt Service Reserves and Fund Balance Next Year's Dry Period Debt Service 124,500 120,000 120,750 120,000 121,500 120,750 122,250 123,000 123,000 125,250 93 Share of Capital Improvement Program 2,855,000 2,855,000 2,855,000 2,855,000 2,855,000 2,855,000 2,855,000 2,855,000 2,855,000 2,855,000 94 Share of Environmental Requriements 285,000 285,000 285,000 285,000 285,000 285,000 285,000 285,000 285,000 285,000 95 Capital Share of Catastrophe Funds 1,173,000 699,000 507,000 350,800 423,800 (493,200) (1,465,200) (2,495,200) (3,587,200) (4,685,200) 96 Operating Share of Catastrophe Funds 1,769,000 2,042,000 2,322,000 2;680,000 3,012,000 3,423,000 3,913,000 4,386,000 4,938,000 5,635,000 97 Total Appropriated Accumulated Funds 7,376,500 7,182,000 7,300,750 7,530,800 7,969,300 7,493,550 7,047,050 6,523,800 6,018,800 5,656,050 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 7,376,500 7,182,000 7,300,750 7,530,800 7,969,300 7,493,550 7,047,050 6;523,800 6,018,BD_O 5,6! - DISTRICT NO 14 COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA 101 Subordinate Lien Coverage, Min 1.00 8,59 4.19 4.26 4.54 5.03 4.59 4.71 4.26 4.39 4.24 102 Senior Additional Bonds Test, Min 1.25 NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA 103 Subordinate Additional Bonds Test, Min 1.00 8.59 4.19 4.26 4.54 5.03 4.59 4.71 4.26 4.39 4.24 CF _CONS1.XLW Res & Ratio Summary 2:08 PM 3/5/97 2:06 PM All Districts Summary County Sanitation District No. 1 Thru 14 Statement of Projected Cash Flow No Additional Borrowing, Pay As You Go Capital Program, Funding Compliance in 3 Years Fiscal Year 1996-97 Through 2005-2006 Estimated Preliminary Preliminary Preliminary Preliminary 5-Year Total 5-Year Total 1 0-Year Total LINE 1996-97 1997-98 1998-99 1999-2000 200.0-2001 I ,1995.2001 2001"2006 I 1996-2006 LINE OPERATING FUND 2 Funds Carried Over From Last Year 1 76,2.89,000 186,647,oOO 189,256", 750 183,935.750 169,193.250 175,289,000 170,518,750 175,289,000 2 3 REVENUE 3 4 Share of 1 % Tax Allocation 0 0 0 0 0 0 0 0 4 5 Fees: Industrial Waste 5,806,000 6,678,000 7,680,000 8,832,000 10.157,000 39,153,000 78,764,000 117,917,000 5 6 User Fees 63,493,000 68,053,000 76,795,000 76,957,000 76,437,000 361,735,000 376,813,000 738,548,000 6 7 Interest & Miscellaneous Income 10,540,000 10,948,000 10,869,000 10,285,000 9,894,000 52,536,000 66,214,000 118,750,000 7 8 Other Revenue 1,250,000 (23,500,000) .(38,950,000) (48,450,000) 131,500,000) (141,150.000) (112,820.000) (253.970.000J 8 9 TOTAL REVENUE 81,089,000 62,, 179,000 56.394.000 47,624.000 64,9SB,OOO 312,274,000 408.971,000 721 ,245·.000 9 10 TOTAL AVAILABLE FUNDING 256,378,000 248,826,500 246.650, 750 231,569,750 234,181.250 487,563,000 579,489,750 896,534,000 10 11 EXPENDITURES 11 12 Share of Joint Works M & 0 47,700,000 47,000,000 47,941,000 48,899,000 49,877,000 241,417,000 264,759,000 506,176,000 12 13 Collection System M & 0 and Other Oper. 10,348,500 10,003,000 10,523,000 10,230,000 10,487,000 51,591,500 60,831,000 112,422,500 13 14 COP Service/Trsf to COP Fund 11 ,682,000 2.566,750 3,251,000 3,237,600 3,298,500 24,035,750 18,841,250 42,877,000 14 15 TOTAL EXPENDITURES 89,730,500 59,669,750 61 ,71 6,000 s2:ass.soo 63,662.500 317,044,250 344,431,250 68·1.475,500 15 18 Funds to Carry Over to Next Year 186,647,500 189,256,750 183,935,750 169,193,250 170,518,750 170,518,750 235,058,500 235,058,500 16 17 Next Year's Dry Period Funding Requirements 29,027,000 28,504,000 29,235,000 29,567,000 30,184,000 30,184,000 34,202,000 34,202,000 17 18 20% Contingency Funds (excl COP service) 11,609,000 11,399,000 11,693,000 11,826,000 12,071,000 12,071,000 13,681,000 13,681,000 18 19 Portion of Self Ins Funds, Surplus or (Deficit) 146,01 1,500 149,353.750 143_,007. 750 127,800.250 128,263,750 128,263.750 1 87. 175,500 187,175,500 19 20 USER FEE DATA 21 Single Family Residence User Fee $71.38 $77.61 $87 .57 $87.33 $86.36 $83.80 21 22 SFR Fee From 2020 Vision Masterplan $113.37 $125.52 $146.13 $154.16 $176.71 $220.38 22 23 Number of Equivalent Dwelling Units 849,680 851,700 854,155 857,195 860,820 887,970 23 24 Estimated User Fees, Excludes IRWD 60,652,000 66,103,000 74,795,000 74,857,000 74,337,000 74,409,000 24 Section 3 -Page 7 3/5/97 All Districts Summary County Sanitation District No. 1 Thru 14 Statement of Projected Cash Flow Fiscal Year 1996-97 Through 2005-2006 LINE 25 CAPITAL FUND(S) 26 Funds Carried Over From Last Year 27 REVENUE 28 Construction Grants 29 Fees: Connection less collection charges 30 Industrial Waste 30 User Fees 32 Sale of Capacity Rights 33 Annexation Fees 34 Interest & Miscellaneous Income 35 Transfer Proceeds from CDP Fund 36 Other Revenue 37 TOTAL REVENUE 38 TOTAL AVAILABLE FUNDING 39 EXPENDITURES 40 Share of Joint Works Treatment Plant 4 1 District Collection System 42 Other 43 TOTAL EXPENDITURES 44 Funds to Carry Over to Next Year 45 Capital Program Funds 46 Environmental Requriement Funds 4 7 Capital Share of Flood/Earthquake Reserves 48 Single Family Residence Connection Fee 49 Number of New Equivalent Dwelling Units 50 Estimated Connection Fee Income 1996-97 155,816,000 0 4,686,000 0 2,000,000 540,000 0 7,744,000 0 10,719,500 25,689,500 1 B1 ,50[i,500 51,822,000 7,815,000 11,809,000 71,446,000 110,059,500 46,551,000 ,4-,498,000 59,,010,500 $2,360 2,020 4,767,000 No Additional Borrowing, Pay As You Go Capital Program, Funding Compliance in 3 Years 1997-98 110,059,500 0 5,784,000 0 3,500,000 564,000 0 5,832,000 3,714,000 23,500,000 42,894•,000 152,953,500 50,000,000 11,717,000 1,0_00,900 1,872,000 151,081,500 57,441,000 5,521~000 BB. 119,500 $2,480 2,455 6,088,000 19,98-99 90,236',5-00 0 7,510,000 0 5,500,000 571,000 0 5,123,000 3,501,250 38, 950.,000 61,155,250 151,391,750 47,999,000 16,758,000 1,000,000 4,786,000 146,605,750 70,528,000 5,81 8,000 70,259,750 $2,600 3,040 7,904,000 1999-2900 85,63-4, 750 0 9,404,000 0 4,500,000 548,000 0 5,110,000 2,816,250 48,450,000 70,828,250 151j_,_4B31000 48,998,000 16,675,700 1,000,000 4,883,000 151,580,000 71,690,000 7_, 16B,000 72,722,000 $2,730 3,625 9,898,000 Section 3 -Page 8 2000-2001 89,789,300 0 12,160,000 0 2,700,000 672,000 0 5,067,000 2,790,500 31 ,500,000 5.4.889,500 144,878,800 47,285,000 12,220,000 1,000,0_00 4,716,000 139,962,800 65,309,000 6,5:29,000 f;'IB, 124,800 $2,870 4,460 12,801,000 5-Year Total 1996-2001 155,816,000 0 39,544,000 0 18,200,000 2,895,000 0 28,876,000 12,822,000 153,119,500 255,456,500 411,272,500 246,104,000 65,185,700 15,809,000 327,098,700 84,173,800 65,309,000 6,52!l.000 12,335,800 5-Year Total 2001-2006 139,962,800 0 91,248,000 0 8,400,000 2,645,000 0 22,443,000 12,849,500 112,820,000 250,405,500 390,368,300 182,690,000 69,376,000 5,000,000 257,066,000 133,302,300 56,122,000 6,391J)OO 70,789,300 $3,660 6,085 $22,272,000 Page 2 10-Year Total 1996-2006 155,816,000 0 130,792,000 0 26,600,000 5,540,000 0 51,319,000 25,671,500 265,_939,tiOO 505:862.000 661 ,678,000 428,794,000 134,561,700 20,80,!l,000 58,J_,164,700 77,513,300 56,122,000 6,391,0Dq 15.,000,300_ 2:06 PM LINE 25 26 27 2B 29 30 30 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 3/5/97 All Districts Summary County Sanitation District No. 1 Thru 14 Statement of Projected Cash Flow Fiscal Year 1996-97 Through 2005-2006 LINE 51 BOND FUNDIS) 52 Funds Carried Over From Last Year 53 REVENUE 54 Tax Levy 55 Interest & Miscellaneous Income 56 Other Income 57 TOTAL REVENUE 58 TOTAL AVAILABLE FUNDING 59 EXPENDITURES 60 Bond Principal & Interest 61 Transfer to Capital Facilities 62 TOTAL EXPENDITURES 63 Funds to Carry Over to Next Year 64 Next Year's Dry Period Funding Requirements 65 Fund Balance or (Deficit) 66 COP FUNDS 67 Funds Carried Over From Last Year 68 REVENUE 69 New Borrowing 70 Share of 1 % Tax Allocation 71 Transfer COP Service From Operating Fund 72 Interest & Other 73 Total Revenue 74 TOTAL AVAILABLE FUNDING 75 EXPENDITURES 76 Project Cost Transfers to Capital Facilities Fund 77 Costs of Issuance 78 COP Service 79 Other 80 Total Expenditures 81 Funds to Carry Over to Next Year 82 Required Debt Service Reserves "Dry Period" Debt Service Funds 83 Fund Balance 1996-97 28,000 10,000 2,000 0 12,000 40,000 16,000 0 18,000 24,000 24,000 0 50,967,000 0 30,617,000 15,175,250 2.890,000 48,682,250 89,649,250 0 0 35,973,000 0 35,973,000 63,676,2.50 32,982,000 26,980,250 3,71 4.000 No Additional Borrowing, Pay As You Go Capital Program, Funding Compliance in 3 Years 1997-98 1998-99 1999-2000 2000-2001 24.000 24.000 8,000 8,000 15,000 0 0 0 1,000 1,000 0 0 0 0 0 0 16,000 1,000 0 0 40,000 25,000 8,000 8,000 16,000 16,000 0 0 0 1,0J)O 0 0 16,000 17,000 0 0 24,000 8,000 8,000 B.000 24,00Q 8,000 8,000 8,000 a 0 0 0 63,676,250 62,-351, 750 61 ,744.260 61 .740,750 0 0 0 0 30,617,000 30,617,000 30,617,000 30,617,000 2,560,500 3,252.750 3,236,750 3,302,000 3,703,000 3,619,000 3,584,000 3,580.000 36,880,500 37,488,750 Ji,437,750 37,499,000 100,556,750 9'9}840.500 99, 1 8·2,000 9.9,239,750 3,714,000 3,501,250 2,916,250 2,790,500 0 0 0 0 34,491,000 34,595,000 34,625,000 34,738,000 0 0 0 0 38,205,000 38,096,250 37,441,250 37,528,500 62,351,750 61,7~.250 61,740;760 61, 711 ,2.50 32,982,000 32,982,000 32,982,000 32,982,000 25,0·ae,soa 25,946,000 25,968,250 26,053,500 3,501,250 2,8 16,250 2,790,500 2,675,750 Section 3 -Page 9 5-Year Total 1996-2001 28.000 25,000 4,000 0 29,000 57,000 48,000 1,000 49,000 8,000 8,000 0 50,967.000 0 153,085,000 27,527,250 1 7,.J]6,000 197 .988,250 248,955,250 12,822,000 0 174,422,000 0 187,244,000 61,711,250 32,982,000 26,_053,500 2,675,750 5-Year Total 2001-2006 8,000 0 0 0 0 8,000 0 0 0 8,000 8.000 0 61.711,250 0 153,085,000 19,022,000 17.854,000 189,961,000 251,672,250 12,849,500 0 175,508,000 0 188,357,500 63,314,750 32,982,000 26.601 .750 3,731,000 Page 3 10-Year Total 1996-2006 28,000 25,000 4,000 0 29,000 57,000 48,000 1,000 48,000 8,000 8,000 0 50,967,000 0 306,170,000 46,549,250 35,230,000 ___J_87 ,949,250 4.38,9H\,250 25,671,500 0 349,930,000 0 375,601 ,600 BG,314, 750 32,982,000 2,&,601,750 3,731 ,000 2:06 PM LINE 51 52 53 56 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 BO 81 82 83 3/5/97 ~II-Districts Summary County Sanitation District No. 1 Thru 14 Statement of Projected Cash Flow Fiscal Year 1996-97 Through 2005-2006 LINE 84 SUMMARY 85 Funds Carried Over From Last Year 86 Total Revenue 87 Total Available Funding 88 Total Expenditures 89 Funds to Carry Over to Next Year RESERVES ANALYSIS 90 Next Year's Dry Period Oper Fund Requirements 91 Contingency Reserves, 20% of Oper Rqmts 92 Debt Service Reserves and Fund Balance Next Year's Dry Period Debt Service Requirements 93 Capital Reserves 94 Environmental Req Reserves 95 Capital Share of Flood/Earthquake Reserves 96 Operating Share of Flood/Earthquake Reserves 97 Total Appropriated Reserves 98 Unappropriated Reserves 99 Total Reserves DEBT SERVICE RATIOS 100 Senior Lien Coverage. Minimum 1 .25 101 Subordinate Lien Coverage, Minimum 1 .00 102 Senior Additional Bonds Test, Minimum 1.25 103 Subordinate Additional Bonds Test, Minimum 1 .00 104 Net Revenues For Ratio Calculations 105 Senior Lien Service 106 Maximum Variable COP Service@ 7.5% 1996-97 382,100,000 Hi5,4 72,750 537,572,750 177,165,500 3-60,407, 260 29,051,000 11,609,000 36,696,000 26,980,250 46,551,000 4,49B,OOO 59,010,500 1461,01 1,500 360,407,250 0 360,407,250 2.88 1.66 2.88 2.21 64,831,500 22,519,000 16,610,000 No Additional Borrowing, Pay As You Go Capital Program, Funding Compliance in 3 Years 7997',.98 1998-91l 1999-2000 360,407,250 341,869,000 331,322,750 141,969;-5-00 165,039.,000 155,B90,000 502,376,750 496,908,000 487,212,750 99,662,750 104',614,250 104·,s·eq, 750 402,71 4,000 392,'293, 750 382-,522,000 28,528,000 29,243,000 29,575,000 11,399,000 11,693,000 11,826,000 36,483,250 35,798,250 35,772,500 25,868,500 25,946,000 25,968,250 57,441,000 70,528,000 71,690,000 5,521,000 5,Bl 8,000 7,168,000 88,119,500 70,259,750 72,722,000 149,353,750 143,007;, 750 127,800,250 402,714,000 392,293,750 382,522,000 0 0 0 402,714,000 392,293,750 382,522,000 3.09 3.44 3.45 1.77 1.98 1.97 3.09 3.44 3.45 2.47 2.98 2.94 69,392,000 76,810,000 76,804,000 22,441,000 22,311,000 22,262,000 16,709,000 16,393,000 16,654,000 Section 3 -Page 10 5-Year Total >ia0o~too1 1996-2001 320,731,300 382, 100,000 157,376,500 765,747,750 478,107,800 1,147,847,750 105,907.000 831,435,950 372,200,800 316.411,800 30,192,000 30,192,000 12,071,000 12,071,000 35,657,750 35,657,750 26,053,500 26,053,500 65,309,000 65,309,000 6,529,000 6,529,000 68,124,800 12,335,800 128,\2-63,750 1 r.!8,263, 750 372,200,800 316,411,800 0 0 372.200,B'OO 316,411,800 3.43 1.95 3.43 2.88 76,060,000 22,164,000 16,772,000 5-Year Total 2001-2006 372,200,800 849,337,500 1,221,538,300 789,854,750 4ll, 683Ji 50 34,210,000 13,681,000 36,713,000 26,601,750 56,122,000 6,391,000 70,789,300 187, 175,500 431,683,550 0 431,683,550 3.47 2.04 3.47 3.17 82,330,000 23,716,000 16,640,000 Page 4 10-Year Total 1996-2006 382,100,000 1,61 6,085,2,50 1,997,185,250 1,621,290,700 375,894,550 34,210,000 13,681,000 36,713,000 26,601,750 56,122,000 6,391,000 15,000,300 187,175,500 375,894,550 0 375,894.550 2:06 PM LINE 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 100 101 102 103 104 105 106 3/5/97 Page 1 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios No Additional Borrowing, Pay As You Go Capital Program, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimi ' Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02:.1 2002-03 2003-04 2004-05 2005-l,~ ALL DISTRICT SUMMARY ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 29,051,000 28,528,000 29,243,000 29,575,000 30,192,000 31,036,000 31,720,000 32,525,000 33,356,000 34,210,000 91 Contingency Funds, 20% of Operating Reqmts 11,609,000 11,399,000 11,693,000 11,826,000 12,071,000 12,411,000 12,683,000 13,005,000 13,337,000 13,681,000 92 Debt Service Reserves and Fund Balance 36,696,000 36,483,250 35,798,250 35,772,500 35,657,750 35,853,000 35,503,250 35,417,500 35,328,000 36,713,000 Next Year's Dry Period Debt Service 26,980,250 25,868,500 25,946,000 25,968,250 26,053,500 25,934,500 26,199,500 26,370,000 26,526,250 26,601,750 93 Share of Capital Improvement Program 46,551,000 57,441,000 70,528,000 71,690,000 65,309,000 56,122,000 56,122,000 56,122,000 56,122,000 56,122,000 94 Share of Environmental Requriements 4,498,000 5,521,000 5,818,000 7,168,000 6,529,000 6,391,000 6,391,000 6,391,000 6,391,000 6,391,000 95 Capital Share of Catastrophe Funds 59,010,500 88,119,500 70,259,750 72,722,000 68,124,800 13,392,550 13,256,550 13,403,800 14,383,300 15,000,300 96 Operating Share of Catastrophe Funds 146,011,500 149.353,TiiO 143,007,750 127,800,250 128,263,750 143,991,000 151,958,250 160,691,000 172,177,750 187,175,500 97 Total Appropriated Accumulated Funds 360,407,250 402,714,000 392,293,750 382,522,000 372,200,800 325,131,050 333,833,550 343,925,300 357,621,300 375,894,550 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 360,407,250 402,714,000 392,293,750 382,522,000 372,200,800 325,131,050 333,833,550 343,925,300 357,621,300 375,894,550 ALL DISTRICT SUMMARY COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 2.88 3 09 3.44 3.45 3.43 3.47 343 3.40 3.42 101 Subordinate Lien Coverage, Min 1.00 1.66 1.77 1 98 1.97 1.95 1.98 1.96 1 96 1.99 2.04 102 Senior Additional Bonds Test, Min 1.25 2 88 3.09 3.44 3 45 3.43 3.47 3.43 3.40 3.42 3.47 103 Subordinate Additional Bonds Test, Min 1 00 2.21 247 2.98 2.94 2.88 2.96 2.91 2.93 3 02 3.17 20 8LL DISTRlCT SUMMARY AVG USER FEE DATA 21 Single Family Residence User Fee $71.38 $77.61 $87.57 $87.33 $86.36 $85.15 $83.97 $82.79 $83.30 $83.80 22 SFR Fee From 2020 Vision Masterplan $113.37 $125.52 $146 13 $154.16 $176 71 $178 89 $181.77 $199.16 $200.85 $220.38 24 Estimated User Fees From Tax Bill $60,652,000 $66,103,000 $74,795,000 $74,857,000 $74,337,000 $73,681,000 $73,107,000 $72,547,000 $73,469,000 $74,409,000 CF _CONS2.XLW Res & Ratio Summary 1:58 PM 3/5/97 Page 2 of 10 Al I Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios No Additional Borrowing, Pay As You Go.Capital Program, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimir- Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005, DISTRICT NO 1 ACCUMULATED FUNDS 90 Next Year's Ory Period Funding Requirements 2,689,000 2,768,000 2,909,000 3,030,000 3,016,000 3,090,000 3,166,000 3,244,000 3,325,000 3,407,000 91 Contingency Funds, 20% of Operating Reqmts 1,076,000 1,107,000 1,163,000 1,212,000 1,206,000 1,236,000 1,266,000 1,298,000 1,330,000 1,363,000 92 Debt Service Reserves and Fund Balance 4,390,000 4,390,000 4,390,000 4,390,000 4,390,000 4,390,000 4,390,000 4,390,000 4,390,000 4,390,000 Next Year's Dry Period Debt Service 3,504,000 3,357,000 3,369,750 3,373,500 3,378,750 3,366,000 3,405,750 3,430,500 3,455,250 3,754,500 93 Share of Capital Improvement Program 1,566,000 1,872,000 4,786,000 4,883,000 4,716,000 4,716,000 4,716,000 4,716,000 4,716,000 4,716,000 94 Share of Environmental Requriements 67,000 488,000 471,000 471,000 471,000 471,000 471,000 471,000 95 Capital Share of Catastrophe Funds 51,000 19,000 28,000 142,000 27,000 35,000 75,000 201,000 96 Operating Share of Catastrophe Funds 3,875,000 1,094,000 1,303,250 1,247,500 1,100,250 1,093,000 1,374,250 1,332,500 1,440,750 1,015,500 97 Total Appropriated Accumulated Funds 17,100,000 14,588,000 18,039,000 18,643,000 18,306,000 18,504,000 18,816,000 18,917,000 19,203,000 19,318,000 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 17,100,000 14,588,000 18,039,000 18,643,000 11!,306,000 18,504,000 18,816,000 18,917,000 19,203,000 19,318,000 DISTRICT NO 1 COP COVERAGE RATIOS 1 oo Senior Lien Coverage, Min 1.25 1.68 2.28 4.18 3 20 2.78 2.79 2.79 2.68 2 70 ;,_.44 101 Subordinate Lien Coverage, Min 1.00 1.07 1.44 2.83 2 03 1 76 1.77 1.77 1.71 1.73 1.63 102 Senior Additional Bonds Test, Min 1.25 1.68 3.38 4.13 0.36 1.18 5.98 6.00 2.37 2.64 2.72 103 Subordinate Additional Bonds Test, Min 1.00 1.19 2 20 6 67 3.81 3.06 3.11 3.13 2.96 3.02 2.88 20 DISTRICT NO 1 USER FEE DATA 21 Single Family Residence User Fee $83.24 $120.00 $200.00 $160.00 $140 00 $140.00 $140.00 $135.00 $135.00 $135.00 22 SFR Fee From 2020 Vision Masterplan $125.00 $150.00 $175.00 $175 00 $225.00 $225.00 $250.00 $325.00 $325.00 $325.00 24 Estimated User Fees From Tax Bill $6,027,000 $8,694,000 $14,510,000 $11,632,000 $10,206,000 $10,241,000 $10,311,000 $10,010,000 $10,078,000 $10,145,000 CF _CONS2.XLW Res & Ratio Summary 1:58 PM . 3/5/97 Page 3 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios No Additional Borrowing, Pay As You Go Capital Program, Funding Compliance In 3 Years Fiscal Year 1996•97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimi• Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-. DISTRICT NO 2 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 8,633,000 8,511,000 9,044,000 8,920,000 9,134,000 9,340,000 9,566,000 9,800,000 10,040,000 10,287,000 91 Contingency Funds, 20% of Operating Reqmts 3,453,000 3,404,000 3,618,000 3,568,000 3,654,000 3,736,000 3,826,000 3,920,000 4,016,000 4,115,000 92 Debt Service Reserves and Fund Balance 11,606,000 11,606,000 11 ,606,000 11,606,000 11,606,000 11,606,000 11,606,000 11,606,000 11,606,000 11,606,000 Next Year's Dry Period Debt Service 8,862,750 8,504,250 8,532,000 8,541,000 8,558,250 8,522,250 8,613,750 8,668,500 8,723,250 8,743,500 93 Share of Capital Improvement Program 14,565,000 17,070,000 17,645,000 22,039,000 22,903,000 15,091,000 15,091,000 15,091,000 15,091,000 15,091,000 94 Share of Environmental Requriements 1,456,000 1,707,000 1,764,000 2,204,000 2,290,000 2,290,000 2,290,000 2,290,000 2,290,000 2,290,000 95 Capital Share of Catastrophe Funds 28,249,500 13,148,500 56,500 99,500 301,500 660,500 288,500 235,500 540,500 196,500 96 Operating Share of Catastrophe Funds 35.095.000 43,345.500 49,746,750 37,370,750 29,544,500 39.440.500 43.084.000 47.681.250 53.401.500 61.596.250 97 Total Appropriated Accumulated Funds 111,920,250 107,296,250 102,012,250 94,348,250 87,991,250 90,686,250 94,365,250 99,292,250 105,708,250 113,925,250 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 111 .920.250 107.296,250 102.012.250 94,348,250 87,991,250 90,686,250 94,365,250 99,292,250 105,708,250 113,925,250 DISTRICT NO 2 COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 3 24 3.04 2 92 3 08 3.18 3.25 3 32 3.44 3.58 3 19 101 Subordinate Lien Coverage, Min 1.00 1.94 1.81 1 74 1 85 1 90 1.94 1.99 2.07 2.16 2.28 102 Senior Additional Bonds Test, Min 1.25 3.24 3.04 2.92 3.08 3.18 3.25 3.32 3.44 3.58 3.79 103 Subordinate Additional Bonds Test, Min 1.00 3.35 3.01 2.84 3.10 3.22 3.35 348 3.67 3.91 4.21 20 DISTRICT NO 2 USER FEE DATA 21 Single Family Residence User Fee $71.52 $71.52 $71 .52 $74.00 $76 50 $76.50 $76.50 $76.50 $76.50 $76.50 22 SFR Fee From 2020 Vision Masterplan $100 00 $125.00 $125.00 $125 00 $150.00 $150.00 $150 00 $175.00 $175.00 $170 00 24 Estimated User Fees From Tax Bill $18,974,000 $19,046,000 $19,117,000 $19,873,000 $20,659,000 $20,812,000 $20,978,000 $21,145,000 $21,311,000 $21,477,000 CF _CONS2.XLW Res & Ratio Summary 1:58 PM 3/5/97 Page 4 of 10 Alli Districts Summ!!)' County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios No Additional Borrowing, Pay As You Go Capital Program, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimin~-· Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005- DISTRICT NO 3 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 9,053,000 8,448,000 8,215,000 8,367,000 8,571,000 8,782,000 8,998,000 9,221,000 9,451,000 9,687,000 91 Contingency Funds, 20% of Operating Reqmts 3,621,000 3,379,000 3,286,000 3,347,000 3,428,000 3,513,000 3,599,000 3,688,000 3,780,000 3,875,000 92 Debt Service Reserves and Fund Balance 10,486,250 11,433,250 11,043,750 11,023,500 10,977,000 11,092,000 10,840,500 10,787,000 10,705,500 10,486,000 Next Year's Dry Period Debt Service 8,607,750 8,245,500 8,271,750 8,282,250 8,306,250 8,267,250 8,358,750 8,415,750 8,474,250 8,961,000 93 Share of Capital Improvement Program 15,125,000 17,700,000 20,098,000 19,099,000 15,823,000 13,591,000 13,591,000 13,591,000 13,591,000 13,591,000 94 Share of Environmental Requriements 1,512,000 1,770,000 2,010,000 1,910,000 1,582,000 1,359,000 1,359,000 1,359,000 1,359,000 1,359,000 95 Capital Share of Catastrophe Funds 10,559,000 463,250 286,500 343,250 406,750 305,750 156,750 237,250 261,250 92,750 96 Operating Share of Catastrophe Funds 58,031,500 61,007,500 53,034,500 48,687,500 50,169,500 55,319,500 58,606,500 61,922,500 65,845,500 69,684,750 97 Total Appropriated Accumulated Funds 116,995,500 112,446,500 106,245,500 101,059,500 99,263,500 102,229,500 105,509,500 109,221,500 113,467,500 117,736,500 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 116,995,500 112,446,500 106,245,500 101,059,500 99,263,500 102,229,500 105,509,500 109,221,500 113,467,500 117,736,500 DISTRICT NO 3 COP COVERAGE RATIOS 1 oo Senior Lien Coverage, Min 1.25 3.77 3 75 3.81 3 75 3.73 3.98 3.97 3.99 4.03 .... ,4 101 Subordinate Lien Coverage, Min 1.00 1.99 1.97 2.00 1.98 1.95 2.09 2.10 2.12 2.14 2 07 102 Senior Additional Bonds Test. Min 1.25 3.77 3.75 3.81 3 75 3.73 3.98 3.97 3.99 4.03 3 74 103 Subordinate Additional Bonds Test, Min 1.00 3.10 3.03 3.11 3 06 3.00 3.31 3.33 3 38 3.44 3.41 20 DISTRICT NO 3 USER FEE DATA 21 Single Family Residence User Fee $73 89 $73.89 $73.89 $73 89 $73.89 $73.89 $73.89 $73.89 $73.89 $73.89 22 SFR Fee From 2020 Vision Masterplan $125.00 $125.00 $175 00 $175.00 $200.00 $200.00 $200.00 $200.00 $200 00 $245.00 24 Estimated User Fees From Tax Bill $20,697,000 $20,734,000 $20,778,000 $20,830,000 $20,889,000 $20,955,000 $21,044,000 $21,133,000 $21,221,000 $21,310,000 CF _CONS2.XLW Res & Ratio Summary 1:58 PM 3/5/97 Page 5 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios No Additional Borrowing, Pay As You Go Capital Program, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimi· Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-, DISTRICT NO 5 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 1,280,000 1,297,000 1,334,000 1,371,000 1,410,000 1,451,000 1,493,000 1,536,000 1,581,000 1,627,000 91 Contingency Funds, 20% of Operating Reqmts 512,000 519,000 533,000 548,000 564,000 580,000 597,000 614,000 632,000 651,000 92 Debt Service Reserves and Fund Balance 3,268,250 2,689,000 2,586,500 2,592,000 2,576,750 2,596,000 2,563,750 2,556,500 2,560,500 3,304,750 Next Year's Dry Period Debt Service 1,383,750 1,329,750 1,334,250 1,331,250 1,336,500 1,330,500 1,341,750 1,349,250 1,350,750 1,038,000 93 Share of Capital Improvement Program 1,910,000 1,925,000 2,655,000 1,943,000 1,730,000 1,954,000 1,954,000 1,954,000 1,954,000 1,954,000 94 Share of Environmental Requriements 191,000 193,000 266,000 194,000 173,000 195,000 195,000 195,000 195,000 195,000 95 Capital Share of Catastrophe Funds 6,611,000 7,103,250 5,564,250 6,275,250 6,744,250 6,669,000 6,976,000 7,384,750 7,937,250 8,662,750 96 Operating Share of Catastrophe Funds 12,952,000 13,615,000 13,946,000 14,239,000 14,489,000 14,697,000 14,862,000 14,983,000 15,058,000 15,087.000 97 Total Appropriated Accumulated Funds 28,108,000 28,671,000 28,219,000 28,493,500 29,023,500 29,472,500 29,982,500 30,572,500 31,268,500 32,519,500 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 28,108,000 28,671,000 28,219,000 28,493,500 29,023,500 29,472,500 29,982,500 30,572,500 31,268,500 32,519,500 DISTRICT NO 5 COP COVERAGE RATIOS rz1 1 oo Senior Lien Coverage, Min 1.25 3,99 3,73 3.41 3.34 3.32 3.30 3.26 3.23 3.20 101 Subordinate Lien Coverage, Min 1.00 2.37 2 21 2 02 1.99 1.96 1 96 1.93 1.91 1.90 2.46 102 Senior Additional Bonds Test, Min 1.25 3 99 3.73 3.41 3.34 3.32 3.30 3.26 3.23 3.20 5.24 103 Subordinate Additional Bonds Test, Min 1.00 4.38 3.96 3.49 3.43 3.35 3.36 3.28 3.23 3.23 3.77 20 DISTRICT NO 5 USER FEE DATA 21 Single Family Residence User Fee $96.75 $85.00 $75.00 $75.00 $75 00 $75 00 $75.00 $75.00 $75.00 $75 00 22 SFR Fee From 2020 Vision Masterplan $125.00 $125.00 $150.00 $150 00 $150.00 $175.00 $175.00 $175.00 $175.00 $225.00 24 Estimated User Fees From Tax Bill $2,670,000 $2,350,000 $2,079,000 $2,087,000 $2,096,000 $2,108,000 $2,123,000 $2,139,000 $2,158,000 $2,179,000 CF _CONS2.XLW Res & Ratio Summary 1:58 PM 3/5/97 Page 6 of 10 All' Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios No Additional Borrowing, Pay As You Go Capital Program, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimin;,rv Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 .2005 DISTRICT NO 6 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 961,000 966,000 988,000 1,011,000 1,034,000 1,058,000 1,082,000 1,107,000 1,133,000 1,160,000 91 Contingency Funds, 20% of Operating Reqmts 384,000 386,000 395,000 404,000 413,000 423,000 433,000 443,000 453,000 464,000 92 Debt Service Reserves and Fund Balance 1,171,500 1,171,000 1,171,000 2,500,000 1,171,000 1,171,000 1,171,000 1,171,000 1,212,250 Next Year's Dry Period Debt Service 1,102,500 1,056,750 1,058,250 1,059,000 1,068,000 1,060,500 1,068,000 1,074,750 1,078,500 998,250 93 Share of Capital Improvement Program 2,175,000 5,445,000 3,532,000 2,398,000 2,287,000 2,838,000 2,838,000 2,838,000 2,838,000 2,838,000 94 Share of Environmental Requriements 218,000 545,000 353,000 240,000 229,000 284,000 284,000 284,000 284,000 284,000 95 Capital Share of Catastrophe Funds 2,967,000 58,500 52,500 261,500 49,500 2,500 120,500 85,500 97,500 59,500 96 Operating Share of Catastrophe Funds 11,924,000 8,281,750 9,151,250 10,042,500 10,320,500 9,174,000 8,422,500 8,186,750 8,368,000 9,259,000 97 Total Appropriated Accumulated Funds 20,903,000 17,910,000 16,701,000 17,916,000 15,401,000 16,011,000 15,419,000 15,190,000 15,423,000 16,275,000 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 20,903,000 17,910,000 16,701,000 16,587,000 16,572,000 16,011,000 15,419,000 15,190,000 15,423,000 16,275,000 DISTRICT NO 6 COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 12.59 12.72 1216 11.93 11 82 11.68 11.43 12 49 13 83 ~ I 101 Subordinate Lien Coverage, Min 1.00 2.47 247 2.37 2.33 2 29 2.28 2.24 2.45 272 3.25 102 Senior Additional Bonds Test, Min 1.25 12 59 12.72 12.16 11.93 11.82 11.68 11.43 12.49 13.83 25.07 103 Subordinate Additional Bonds Test, Min 1.00 2.83 2.82 2.70 2.65 2.60 2.60 2.54 2.80 3.14 3.59 20 DISTRICT NO 6 USER FEE DATA 21 Single Family Residence User Fee $76.47 $76.47 $76.47 $76.47 $76.47 $76.47 $76.47 $85.00 $95.00 $105.00 22 SFR Fee From 2020 Vision Masterplan $100.00 $125.00 $125.00 $150 00 $175.00 $175.00 $200.00 $275.00 $300.00 $335 00 24 Estimated User Fees From Tax Bill $3,330,000 $3,332,000 $3,334,000 $3,337,000 $3,341,000 $3,346,000 $3,351,000 $3,732,000 $4,179,000 $4,629,000 CF _CONS2.XLW Res & Ratio Summary 1:58 PM 3/5/97 Page 7 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios No Additional Borrowing, Pay As You Go Capital Program, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimir· Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005- DISTRICT NO 7 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 3,101,000 3,176,000 3,324,000 3,362,000 3,424,000 3,622,000 3,628,000 3,734,000 3,843,000 3,956,000 91 Contingency Funds, 20% of Operating Reqmts 1,240,000 1,270,000 1,329,000 1,345,000 1,369,000 1,449,000 1,451,000 1,493,000 1,537,000 1,582,000 92 Debt Service Reserves and Fund Balance 3,947,000 3,144,000 3,013,000 3,009,000 2,985,000 3,006,000 2,978,000 2,964,000 2,962,000 3,532,000 Next Year's Dry Period Debt Service 1,737,000 1,667,000 1,670,000 1,670,000 1,680,000 1,675,000 1,685,000 1,695,000 1,700,000 1,462,000 93 Share of Capital Improvement Program 4,500,000 5,835,000 6,921,000 8,173,000 5,473,000 4,612,000 4,612,000 4,612,000 4,612,000 4,612,000 94 Share of Environmental Requriements 450,000 584,000 692,000 817,000 547,000 461,000 461,000 461,000 461,000 461,000 95 Capital Share of Catastrophe Funds 1,490,000 66,000 4,000 4,000 20,000 277,000 82,000 71,000 85,000 50,000 96 Operating Share of Catastrophe Funds 13,711.000 12,034,000 8,151,000 3,881,000 7,795,000 10,162,000 11,805,000 12,388,000 13,291,000 14,672,000 97 Total Appropriated Accumulated Funds 30,176,000 27,776,000 25,104,000 22,261,000 23,293,000 25,264,000 26,702,000 27,418,000 28,491,000 30,327,000 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 30,176,000 27,776,000 25,104,000 22,261,000 23,293,000 25,264,000 26,702,000 27,418,000 28,491,000 30,327,000 DISTRICT NO 7 COP COVERAGE RATIOS ~J 100 Senior Lien Coverage, Min 1.25 4.20 4.66 5.50 6 39 7.35 7.21 6 53 5 67 5.78 101 Subordinate Lien Coverage, Min 1.00 1.74 1.98 2.28 2 64 3.02 2.99 2.71 2.35 2.40 2.95 102 Senior Additional Bonds Test, Min 1.25 4.20 4 66 5.50 6.39 7.35 7.21 6.53 5.67 5 78 9.93 103 Subordinate Additional Bonds Test, Min 1.00 2.27 2.71 3.18 3.80 4.43 4.41 3.91 3.30 3.38 3.]7 20 DISTRICT NO 7 USER FEE DATA 21 Single Family Residence User Fee $50.09 $60.00 $70.00 $80.00 $90.00 $90.00 $80 00 $70.00 $70 00 $70.00 22 SFR Fee From 2020 Vision Masterplan $75.00 $75 00 $75.00 $125.00 $125.00 $125.00 $130.00 $125.00 $125.00 $145.00 24 Estimated User Fees From Tax Bill $5,109,000 $6,126,000 $7,158,000 $8,196,000 $9,243,000 $9,270,000 $8,268,000 $7,263,000 $7,294,000 $7,329,000 CF _CONS2.XLW Res & Ratio Summary 1:58 PM 3/5/97 Page 8 of 10 AJI Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios No Additional Borrowing, Pay As You Go Capital Program, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimir>--· Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005- DISTRICT NO 11 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 2,230,000 2,249,000 2,290,000 2,348,000 2,408,000 2,470,000 2,534,000 2,600,000 2,668,000 2,739,000 91 Contingency Funds, 20% of Operating Reqmts 882,000 890,000 913,000 936,000 960,000 985,000 1,010,000 1,037,000 1,064,000 1,092,000 92 Debt Service Reserves and Fund Balance 1,827,000 2,050,000 1,988,000 1,981,000 1,952,000 1,992,000 1,954,000 1,943,000 1,933,000 2,182,000 Next Year's Dry Period Debt Service 1,637,000 1,568,000 1,569,000 1,571,000 1,584,000 1,572,000 1,584,000 1,593,000 1,601,000 1,499,000 93 Share of Capital Improvement Program 3,340,000 3,850,000 5,319,000 3,389,000 2,945,000 3,888,000 3,888,000 3,888,000 3,888,000 3,888,000 94 Share of Environmental Requriements 334,000 385,000 532,000 339,000 295,000 389,000 389,000 389,000 389,000 389,000 95 Capital Share of Catastrophe Funds 1,510,000 68,000 88,000 4,000 12,000 23,000 1,000 8,000 34,000 (47,000) 96 Operating Share of Catastrophe Funds 6,994,000 5,970,000 3,141,000 7,155,000 9,057,000 7,584,000 7,348,000 7,204,000 7,228,000 7,579,000 97 Total Appropriated Accumulated Funds 18,754,000 17,030,000 15,840,000 17,723,000 19,213,000 18,903,000 18,708,000 18,662,000 18,805,000 19,321,000 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 18,754,000 17,030,000 15,840,000 17,723,000 19,213,000 18,903,000 18,708,000 18,662,000 18,805,000 19,321,000 DISTRICT NO 11 COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 6.94 10.42 15.48 18.11 15 48 12.66 12.38 12.16 12.05 ·1 ~-"1 101 Subordinate Lien Coverage, Min 1.00 1.13 1.69 2.51 2.94 2.50 2.06 2.02 1 99 1.97 2.09 102 Senior Additional Bonds Test, Min 1.25 6.94 10.42 15.48 18.11 15.48 12.66 12.38 12.16 12.05 19.61 103 Subordinate Additional Bonds Test, Min 1.00 1.16 1.82 2.81 3.32 2.79 2.26 2.21 2.18 2.16 2.22 20 DISTRICT NO 11 USER FEE DATA 21 Single Family Residence User Fee $60.00 $100.00 $140.00 $160.00 $140.00 $120.00 $120.00 $120.00 $120.00 $120.00 22 SFR Fee From 2020 Vision Masterplan $175 00 $175.00 $175.00 $175.00 $175.00 $200 00 $200.00 $200.00 $200.00 $200.00 24 Estimated User Fees From Tax Bill $3,042,000 $5,080,000 $7,133,000 $8,184,000 $7,196,000 $6,204,000 $6,246,000 $6,294,000 $6,348,000 $6,408,000 CF _CONS2.XLW Res & Ratio Summary 1:58 PM 3/5/97 Page 9 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios No Additional Borrowing, Pay As You Go Capital Program, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary PreliinJi Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-, DISTRICT NO 13 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 268,000 269,000 274,000 280,000 286,000 292,000 298,000 304,000 311,000 318,000 91 Contingency Funds, 20% of Operating Reqmts 107.000 107,000 110,000 112,000 114,000 117,000 119,000 121 ,000 124,000 127,000 92 Debt Service Reserves and Fund Balance Next Year's Dry Period Debt Service 21,000 20,250 20,250 20,250 20,250 20,250 20,250 20,250 20,250 20,250 93 Share of Capital Improvement Program 515,000 1,872,000 4,786,000 4,883,000 4,716,000 4,716,000 4,716,000 4,716,000 4,716,000 4,716,000 94 Share of Environmental Requriements 52,000 52,000 67,000 488,000 471,000 471,000 471,000 471,000 471,000 471 ,000 95 Capital Share of Catastrophe Funds 6,451,000 4,685,000 1,508,000 894,000 1,191,000 996,000 1,025,000 1,312,000 1,896,000 2,631,000 96 Operating Share of Catastrophe Funds 1.660,000 1,964,000 2.212,000 2.497,000 2,776,000 3.098.000 3.470.000 3,899,000 4.388,000 4,947,000 97 Total Appropriated Accumulated Funds 9,074,000 8,969,250 8,977,250 9,174,250 9,574,250 9,710,250 10,119,250 10,843,250 11,926,250 13,230,250 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 9,074,000 8,969,250 8,977,250 9,174,250 9,574,250 9,710,250 10,119,250 10,843,250 11,926,250 13,230,250 DISTRICT NO 13 COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA 101 Subordinate Lien Coverage, Min 1.00 26.93 24.50 22.23 23.13 22 93 24.33 25.80 28.00 30.93 34.53 102 Senior Additional Bonds Test, Min 1.25 NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA 103 Subordinate Additional Bonds Test, Min 1 00 26.93 24.50 22.23 23.13 22.93 24.33 25.80 28.00 30.93 34.53 20 DISTRICT NO 13 USER FEE DATA 21 Single Family Residence User Fee $100 00 $90.00 $80.00 $80 00 $75.00 $75 00 $75.00 $75,00 $75.00 $75.00 22 SFR Fee From 2020 Vision Masterplan $175.00 $270.00 $385.00 $450.00 $530.00 $505.00 $400.00 $390.00 $415.00 $460.00 24 Estimated User Fees From Tax Bill $803,000 $741,000 $686,000 $718,000 $707,000 $745,000 $786,000 $831,000 $880,000 $932,000 CF _CONS2.XLW Res & Ratio Summary 1:58 PM 3/5/97 Page 10 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios No Additional Borrowing, Pay As You Go Capital Program, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Ref 1996-97 1997-98 1998-99, 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 DISTRICT NO 14 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 836,000 844,000 865,000 886,000 909,000 931,000 955,000 979,000 1,004,000 1,029,000 91 Contingency Funds, 20% of Operating Reqmts 334,000 337,000 346,000 354,000 363,000 372,000 382,000 391,000 401,000 412,000 92 Debt Service Reserves and Fund Balance Next Year's Dry Period Debt Service 124,500 120,000 120,750 120,000 121,500 120,750 122,250 123,000 123,000 125,250 93 Share of Capital Improvement Program 2,855,000 1,872,000 4,786,000 4,883,000 4,716,000 4,716,000 4,716,000 4,716,000 4,716,000 4,716,000 94 Share of Environmental Requriements 285,000 285,000 67,000 488,000 471,000 471,000 471,000 471,000 471,000 471,000 95 Capital Share of Catastrophe Funds 1,173,000 1,682,000 1,678,000 3,030,800 3,582,800 4,316,800 4,579,800 4,034,800 3,456,800 3,153,800 96 Operating Share of Catastrophe Funds 1,769,000 2,042,000 2,322,000 2,680,000 3,012,000 3,423,000 2,986,000 3,094,000 3,157,000 3,335,000 97 Total Appropriated Accumulated Funds 7,376,500 7,182,000 10,184,750 12,441,800 13,175,300 14,350,550 14,212,050 13,808,800 13,328,800 13,242,050 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 7,376,500 7,182,000 10,184,750 12,441,800 13,175,300 14,350,550 14,212,050 13,808,800 13,328,800 13,2· ) DISTRICT NO 14 COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA 101 Subordinate Lien Coverage, Min 1.00 33.25 4.19 4.74 5.82 6.68 6.57 1.95 4.93 4.53 4.11 102 Senior Additional Bonds Test, Min 1.25 NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA 103 Subordinate Additional Bonds Test, Min 1.00 33.25 4.19 4.74 5.82 6.68 6.57 1.95 4.93 4.53 4.11 CF _CONS2.XLW Res & Ratio Summary 1:58 PM ... 3/5/97 All Districts Summary County Sanitation District No. 1 Thru 14 Statement of Projected Cash Flow Fiscal Year 1996-97 Through 2005-2006 Estimated LINE OPERATING FUND 2 Funds Carried Over From Last Year 175,2B!'1)000 3 REVENUE 4 Share of 1 % Tax Allocation 0 5 Fees: Industrial Waste 5,806,000 6 User Fees 63,493,000 7 Interest & Miscellaneous Income 10,540,000 8 Other Revenue 1,2.50;000 9 TOTAL REVENUE 01 ,_0.Jl_9·,eoo 10 TOTAL AVAILABLE FUNDING 256;;3;/'8,0"0(;1 11 EXPENDITURES 12 Share of Joint Works M & 0 47,700,000 13 Collection System M & 0 and Other Oper. 10,348,500 14 COP Service/Trsf to COP Fund 11 ,sai,oo_o 15 TOTAL EXPENDITURES 69;730)500 16 Funds to Carry-Over to Next Year 186,647,500 17 Next Year's Dry Period Funding Requirements 29,027,000 1 8 20% Contingency Funds (excl COP service) 11,609,000 19 Portion of Catastrophe Funds, Surplus or (Deficit 146,011,500 20 USER FEE DATA 21 Single Family Residence User Fee $71.38 22 SFR Fee From 2020 Vision Masterplan $113.37 23 Number of Equivalent Dwelling Units 849,680 24 Estimated User Fees, Excludes IRWD 60,652,000 1:39 PM Borrowing in Dists 1 & 11, Pay As You Go Capital Plan In Others, Funding Compliance in 3 Years 1996-2001 2001-2006 1996-2006 Preliminary Preliminary Preliminary Preliminary 5-Year Total 5-Year Total 10-Year Total ,~ LIN~ ~I 1 186,647,500 187,717,750 1'8li, 59Q,500 1'701543, 750 175,289,000 171,511,500 17!>,il<l!!_,000' 2 3 0 0 0 0 0 0 0 4 6,678,000 7,680,000 8,832,000 10,157,000 39,153,000 78,764,000 117,917,000 5 66,458,000 70,335,000 74,333,000 76,288,000 350,907,000 383,534,000 734,441,000 6 10,904,000 10,873,000 10,374,000 9,963,000 52,654,000 66,315,000 118,969,000 7 12~•,400,,000) [29,300,000) fJl-4;800(000) (30,26016001 (126,500,000) ( 113, 100,000J lil39,J'i_(;)0;000J 8 l;i(),640,000 59,5 B1!1,00Q 48, 7_.3_9,_000 l;il3-, 158,000 316.214.000 415.513,000 731 ,.727,0.()J) 9 247,287,,500 247,305_,750 234',3.i.9160.0 .2~61701 ,750 491,503.000 587,024.500 907,016,_000 10 - 11 47,000,000 47,941,000 48,899,000 49,877,000 241 ,4 1 7,000 264,759,000 506, 176,000 12 10,003,000 10,523,000 10,230,000 10,487,000 51,591,500 60,831,000 112,422,500 13 ?~566,750 ·3,251,2501 4.,!;i:S6i750 4,82,lj,250 26.983.000 25,432.500 5·2,41,s:._50,0 14 5.!Ui69,750 61 ,115,2.SQ-53,1·0·li,150 65,190,2Ji~ 319.991,500 351.022.500 671 i01·4\0.Q0 15 187,717,750 185,590,500 170,543,750 171,511,500 171,511,500 236,002,000 236,002,000 28,504,000 29,235,000 29,567,000 30,184,000 30,184,000 34,202,000 34,202,000 11,399,000 11,693,000 11,826,000 12,071,000 12,071,000 13,681,000 13,681,000 16 ( 'J 17 _,,,. 18 1-4v•,8l'4,7•5o 14"l\-,6.62,5_00 129, 1_50,:'750.r 1-29,2:5.6,500 f2!h25!i,5QO 1.88, l 1 9",0J}O 188, 119;900 19 $75.74 $80.00 $84.27 $86.18 $85.67 21 $125.52 $146.13 $154.16 $176.71 $220.38 22 851,700 854,155 857,195 860,820 887,970 23 64,508,000 68,335,000 72,233,000 74,188,000 76,071,000 24 Section 3 -Page 7 3/5/97 All Districts Summary County Sanitation District No. 1 Thru 14 Statement of Projected Cash Flow Fiscal Year 1996-97 Through 2005-2006 LINE 25 CAPITAL FUNDIS) 26 Funds Carried Over From Last Year 27 REVENUE 28 Construction Grants 29 Fees: Connection less collection charges 30 Industrial Waste 30 User Fees 32 Sale of Capacity Rights 33 Annexation Fees 34 Interest & Miscellaneous Income 35 Transfer Proceeds from COP Fund 36 Other Revenue 37 TOTAL REVENUE 38 TOTAL AVAILABLE FUNDING 39 EXPENDITURES 40 Share of Joint Works Treatment Plant 41 District Collection System 42 Other 43 TOT AL EXPENDITURES 44 Funds to Carry-over to Next Year 45 Capital Program Funds 46 Environmental Requirement Funds 47 Capital Share of Flood/Earthquake/Llab Funds 48 Single Family Residence Connection Fee 49 Number of New Equivalent Dwelling Units 50 Estimated Connection Fee Income 1996-97 155,!)16,000 0 4,686,000 0 2,000,000 540,000 0 7,744,000 0 10, 71 9·,500 25,.689,500 181,506,500 51,822,000 7,815,000 11,809,000 11,.Ms,ooo 110,059,500 46,551,000 4',498,000 59,010,500 $2,360 2,020 4,767,000 Borrowing in Dists 1 & 11, Pay As You Go Capital Plan In Others, Funding Compliance In 3 Years 1997-98 11 0,0!>9,500 0 5,784,000 0 3,500,000 564,000 0 5,829,000 3,714,000 23,400,000 42,7911000 152,850,500 50,000,000 11 ,717,000 , ,oo.o: oo·o 1,87~.00Q 150,978,500 57,338,000 ,5,521 ,0·00 88,11 9,500 $2,480 2,455 6,088,000 1998-99 s·o, 133,500 0 7,510,000 0 5,500,000 571,000 0 5,098,000 12,501,250 29,300,'.000· 60,480,2'50 1,50,613,750 47,999,000 16,758,000 1,000;000 4, 786)600 145,827,750 69,765,000 5,.751 ,000 70,311,750 $2,600 3,040 7,904,000 1999-2000 84,856,7.£0 0 9,404,000 0 4,500,000 548,000 0 5,088,000 7,316,250 4·~,800,000 71 ,6!'\,6J250 Hi6;513,0.00 48,998,000 16,675,700 1·,00_0,000 4;883,000 151,630,000 71,690,000 1 ,.,.s·0.ooo 12.n2~000 $2,730 3,625 9,898,000 Section 3 -Page 8 ~0.0_0-2001 89\839,300 0 12,160,000 0 2,700,000 672,000 0 5,082,000 4,436,500 30,2_5_0,000 55,3'00,50.0 14'5, 139,800 47,285,000 12,220,000 l ,OilQ,000 4,716,000 140,423,800 65,309,000 6.5~9.000 68,585,800 $2,870 4,460 12,801,000 5-Year Total 1996-2001 155,816,000 0 39,544,000 0 18,200,000 2,895,000 0 28,841,000 27,968,000 138,469,500 255,917,500 411,733,500 246,104,000 65,185,700 15,809,000 327,098,700 84,634,800 65,309,000 6,529,000 12,796,800 5-Year Total 2001-2006 140,423,800 0 91,248,000 0 8,400,000 2,645,000 0 22,546,000 12,210,500 113.100.000 250.149.500 390,573,300 182,690,000 69,376,000 5,000,000 257,066,000 133,507,300 56,122,000 6,391.000 70.994,300 $3,660 6,085 $22,272,000 Page 2 10-Year Total 1 99_6•'12.006' 15!t 816,000 0 130,792,000 0 26,600,000 5,540,000 0 51,387,000 40,178,500 251,569,5:00 506,01!7,.000 661 ,883,000 428,794,000 134,561,700 20,809,00'o 5·84,164,700 77,718,300 56,122,000 6,391 ,.ci.oo· H\,205,300 1:39 PM LINE 25 26 27 28 29 30 30 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 - 3/5/97 All Districts Summary County Sanitation District No. 1 Thru 14 Statement of Projected Cash Flow Fiscal Year 1996-97 Through 2005-2006 LINE 51 BOND FUND(SI 52 Funds Carried Over From Last Year 53 REVENUE 54 Tax Levy 55 Interest & Miscellaneous Income 56 Other Income 57 TOTAL REVENUE 58 TOTAL AVAILABLE FUNDING 59 EXPENDITURES 60 Bond Principal & Interest 61 Transfer to Capital Facilities 62 TOTAL EXPENDITURES 63 Funds to Carry Over to Next Year 64 Next Year's Dry Period Funding Requirements 65 Fund Balance or (Deficit) 66 COP FUNDS 67 Funds Carried Over From Last Year 68 REVENUE 69 New Borrowing 70 Share of 1 % Tax Allocation 71 Transfer COP Service From Operating Fund 7 2 Interest & Other 73 Total Revenue 74 TOTAL AVAILABLE FUNDING 75 EXPENDITURES 76 Project Cost Transfers to Capital Facilities Fund 77 Costs of Issuance 78 COP Service 79 Other 80 Total Expenditures 81 Funds to Carry-Over to Next Year 82 Required Debt Service Reserves "Dry Period" Debt Service Funds 83 Fund Balance 1:996-97 28,000 10,000 2,000 0 12,000 loiooo 16,000 0 1'6J000 ?'ll-,0,00_ 241900 0 5,0,967 LC:!.lil}) 0 30,617,000 15,175,250 2,~90;0_0_0 -48,682~2,50· 99J;_4;9.,-250 0 0 35,973,000 0 35;,973;00:9:, 631670,;!SO'· 32,982,000 2_61_9_8_0,-250 3,71 4·,000 Borrowing in Dists 1 & 11, Pay As You Go Capital Plan In Others, Funding Compliance in 3 Years 1997-98 1998-99 1'999,2000, 2,4,,0,00 24:0®1 a:000, 15,000 0 0 1,000 1,000 0 0 0 0 16,000 1,000 0 -401000 2!>,®.0, 8,000 16,000 16,000 0 0 \,j0J>:~f -0 ; 16,000 17;,0_0_0 0 2.i;osio IJ",'(:lQO' ·8,0fJ_() 2'4,000 a:.e~o B,J)OO, 0 0 0 63,fi::7-e,250 -~_2,,'.!51,750 62,244!;50.9 0 10,000,000 5,000,000 30,617,000 30,617,000 30,617,000 2,560,500 3,253,000 4,656,000 3, 10_3;p:01~ ;3,619,000: 3;,5,86,~©P.O•· 36;08(;),5-00 '.4.7,488,(;)00, 43,869;000 1,0,0,"5:56, 750 f09,8.~,750 106,,103,50,0 3,714,000 12,501,250 7,316,250 0 500,000 250,000 34,491,000 34,595,000_ 35,525,000 0 0 0 3 8,10$,'000 47,5!;1_8,?50 43,0"9U-,2.5Jf, -6_?,3:i1 , 7!i0 62,2'.44.SOP' 63,01 ?,Z.SQ• 32,982,000 33,482,000 33,732,000 25,.868,~00 25,946;250 26,6i3, 750 '3,601.,250 2,81_6,250 2,636,J}0_0 Section 3 -Page 9 5-Year Total -2000,-2001 1996-2001 s,00_c1 28,000 0 25,000 0 4,000 0 0 0 29.000 _8;06'0 57,000 0 48,000 0 1,000 0 49,000 8,('!00 8,000 :a,.0_0:o 8,000 0 0 63;01-2,250 50.967,000 2,000,000 17,000,000 30,617,000 153,085,000 4,829,750 30,474,500 3,61'5.000 17,413,000 41 ,061,750 217,972,500 10';1,;Q'l-4,,000 268,939,500 4,436,500 27,968,000 100,000 850,000 36,088,000 176,672,000 ,9 0 4J;)\624,5_00 205,490,000 6tM-49,_5PO "63,449,5"00 33,832,000 33,832,000 27,'!'.:ll:i~,750 27,066,750 --?:5.50,7,SQ 2,550,750 5-Year Total 2001-2006 8,000 0 0 0 0 8,000 0 0 0 8,000 8,000 0 63,449,500 0 153,085,000 25,613,250 18,179,000 196,877,250 260,326,750 12,210,500 0 183,158,000 0 195,368,500 "611,958,250 33,832,000 27,750,250 3,376,000 Page 3 10-Year Total 1996-2006 28,,QO_O_ 25,000 4,000 0 29:,000 57,000 48,000 l.000 49,000 0,oao. B,0_1:),0 0 Ei!l,9.67,_0~_i;J 17,000,000 306,170,000 56,087,750 35,59·2,000 41 4,849.750 4:6-5;816, 750 40,178,500 850,000 359,830,000 0 400,868,500, .6~.9~8,25.Q; 33,832,000 "f}_,7 .-ni0;250_ a~37-6J.O:o_a' 1:39 PM LINE 51 52 53 56 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 3/5/97 All Districts Summary County Sanitation District No. 1 Thru 14 Statement of Projected Cash Flow Fiscal Year 1996-97 Through 2005-2006 LINE 84 SUMMARY 85 Funds Carried Over From Last Year 86 Total Revenue 87 Total Available Funding BB Total Expenditures 89 Reserves & Carry-Over to Next Year RESERVES ANALYSIS 90 Next Year's Dry Period Oper Fund Requirements 91 Contingency Funds, 20% of Operating Rqmts 92 Debt Service Reserves and Fund Balance Next Year's Dry Period Debt Service Requirements 93 Share of Capital Improvement Program 94 Share of Environmental Requirements 95 Capital Share of Flood/Earthquake/Liab Funds 96 Operating Share of Flood/Earthquake/Liab Funds 97 Total Appropriated Accumulated Funds 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds DEBT SERVICE RATIOS 100 Senior Lien Coverage, Minimum 1 . 25 101 Subordinate Lien Coverage, Minimum 1.00 102 Senior Additional Bonds Test, Minimum 1.25 103 Subordinate Additional Bonds Test, Minimum 1.00 104 Net Revenues For Ratio Calculations 105 Senior Lien Service 106 Maximum Variable COP Service @ 7.5% 1996-97 382, 100,000 I 55,,4'721750 537,572,750 17,7, 16~,5.0_0 3.s:o,401-,2-50_ 29,051,000 11,609,000 36,696,000 26,980,250 46,551,000 4,498,000 59,010,500 146,011,500 360,407,250 0 36_0,407/~25.P 2.88 1.66 2.88 2.21 64,831,500 22,519,000 16,610,000 Borrowing in Dists 1 & 11, Pay As You Go Capital Plan In Others, Funding Compliance in 3 Years 1997-98 1998-99 1999-2000 360,407,250 340,227,000 332,699,750 1{0;327,500 167,558,25.0 1"64,2-54,~50. 500,734,750 507,785,250 496,954,000 991f?62,7-!i0 114,114.500 11 1, 760,0.QO 401 10?2,000 3,9'8,.6-70, 750 385, j,9~.00Ji 28,528,000 29,243,000 29,575,000 11,399,000 11,693,000 11,826,000 36,483,250 36,298,250 36,368,500 25,868,500 25,946,250 26,643,750 57,338,000 69,765,000 71,690,000 5,521,000 5,751,000 7,168,000 BB, 119,500 70,311,750 72,772,000 147,814,750 1'4.4·,662,590 12~.1-6'0, 750 401,072,000 393,670,750 385,194,000 0 0 0 401 ,:0_72;000 _;393,670,750 3_0_5. r9.4-;;e;o:.0 3.02 3.15 3.27 1.73 1.82 1.86 3.02 3.15 3.27 2.38 2.59 2.68 67,750,000 70,329,000 74,249,000 22,441,000 22,311,000 22,712,000 16,709,000 16,393,000 17,104,000 Section 3 -Page 10 5-Year Total 2000-2001 1996-2001 323,403,300 382,100,000 1 s2152\\l:'.i!~o· 790,133,000 485,923,550 1, 172,233,000 1 Hl,!i3_0~7!i0 852,629,200 37·5'.~92,80,0, 319,603,800 30,192,000 30,192,000 12,071,000 12,071,000 36,382,750 36,382,750 27,066,750 27,066,750 65,309,000 65,309,000 6,529,000 6,529,000 68,585,800 12,796,800 12s,2ss;scl6 1:2i.1.2.~l'6,s'ci0 375,392,800 319,603,800 0 0 375,3:a2,.800 319.603.800 3.33 1.89 3.33 2.72 76,030,000 22,839,000 17,447,000 5-Year Total ZJ'!.01-2006 375,392,800 862,539,750 1,237,932,550 803,457,000 434,475,550 34,210,000 13,681,000 37,208,000 27,750,250 56,122,000 6,391,000 70,994,300 1 Ei'S', 11.9,0!)0 434,475,550 0 434,475,550 3.44 2.01 3.44 3.07 84,113,000 24,481,000 17,405,000 Page 4 10-Year Total , 99·~.20,oe· 382,100,000 1,6!i2;6-72, 750 2,034,772,750 1,~p6;086,i00 37:s;•sifs, ij§_b 34,210,000 13,681,000 37,208,000 27,750,250 56,122,000 6,391,000 15,205,300 1sm11s ;000 378,686,550 0 378,686,.55,0' 1:39 PM LINE 84 85 86 87 BB 89 90 91 92 93 94 95 96 97 98 100 101 102 103 104 105 106 ,. '3/5/97 Page 1 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios Borrowing In Dist 1 & 11, Pay As You Go In Others, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 ' Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelim ) Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-(Jc, ALL DISTRICT SUMMARY ACCUMULATED FUNDS LEVELS 90 Next Year's Dry Period Funding Requirements 29,051,000 28,528,000 29,243,000 29,575,000 30,192,000 31,036,000 31,720,000 32,525,000 33,356,000 34,210,000 91 Contingency Funds, 20% of Operating Reqmts 11,609,000 11,399,000 11,693,000 11,826,000 12,071,000 12,411,000 12,683,000 13,005,000 13,337,000 13,681,000 92 Debt Service Reserves and Fund Balance 36,696,000 36,483,250 36,298,250 36,368,500 36,382,750 36,538,000 36,226,250 36,151,500 36,072,000 37,208,000 Next Year's Dry Period Debt Service 26,980,250 25,868,500 25,946,250 26,643,750 27,066,750 27,082,500 27,347,750 27,518,500 27,673,000 27,750,250 93 Share of Capital Improvement Program 46,551,000 57,338,000 69,765,000 71,690,000 65,309,000 56,122,000 56,122,000 56,122,000 56,122,000 56,122,000 94 Share of Environmental Requriements 4,498,000 5,521,000 5,751,000 7,168,000 6,529,000 6,391,000 6,391,000 6,391,000 6,391,000 6,391,000 95 Capital Share of Catastrophe Funds 59,010,500 88,119,500 70,311,750 72,772,000 68,585,800 13,752,550 13,663,550 13,745,800 14,679,300 15,205,300 96 Operating Share of Catastrophe Funds 146,011,500 147,814,750 144,662,500 129,150,750 129,256,500 144,470,000 151,807,000 160,787,500 172,530,000 188,119,000 97 Total Appropriated Accumulated Funds 360,407,250 401,072,000 393,670,750 385,194,000 375,392,800 327,803,050 335,960,550 346,246,300 360,160,300 378,686,550 98 Unappropriated Accumulated Funds -------- 99 Total Accumulated Funds 360,407,250 401,072,000 393,670,750 385,194,000 375,392,800 327,803,050 335,960,550 346,246,300 360,160,300 378,686,550 ALL DISTRICT SUMMARY COP COVERAGE RATIOS i _) 100 Senior Lien Coverage, Min 1.25 2.88 3,02 3.15 3,27 3.33 3 40 3.36 3.36 3.38 101 Subordinate Lien Coverage, Min 1.00 1.66 1.73 1.82 1.86 1.89 1.93 1.91 1.93 1.96 2.01 102 Senior Additional Bonds Test, Min 1.25 2.88 3,02 3.15 3.27 3.33 3.40 3.36 3.36 3.38 3.44 103 Subordinate Additional Bonds Test, Min 1.00 2.21 2.38 2.59 2.68 2.72 2.83 2.78 2.84 2.93 3.07 20 ALL DISTRICT SUMMARY AVG USER FEE DATA 21 Single Family Residence User Fee $71.38 $75.74 $80.00 $84.27 $86.18 $86.17 $84 99 $84.66 $85.17 $85.67 22 SFR Fee From 2020 Vision Masterplan $113.37 $125.52 $146.13 $154.16 $176.71 $178.89 $181.77 $199.16 $200.85 $220.38 24 Estimated User Fees From Tax Bill $60,652,000 $64,508,000 $68,335,000 $72,233,000 $74,188,000 $74,564,000 $73,996,000 $74,185,000 $75,118,000 $76,071,000 CF _CONS3.XLW Res & Ratio Summary 10:26 AM 3/5/97 Page 2 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios Borrowing In Dist 1 & 11, Pay As You Go In Others, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimimuv Bfil 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2000 DISTRICT NO 1 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 2,689,000 2,768,000 2,909,000 3,030,000 3,016,000 3,090,000 3,166,000 3,244,000 3,325,000 3,407,000 91 Contingency Funds, 20% of Operating Reqmts 1,076,000 1,107,000 1,163,000 1,212,000 1,206,000 1,236,000 1,266,000 1,296,000 1,330,000 1,363,000 92 Debt Service Reserves and Fund Balance 4,390,000 4,390,000 4,640,000 4,690,000 4,990,000 4,990,000 4,990,000 4,990,000 4,990,000 4,990,000 Next Year's Dry Period Debt Service 3,504,000 3,357,000 3,370,000 3,711,000 4,054,000 4,176,000 4,216,000 4,241,000 4,265,000 4,565,000 93 Share of Capital Improvement Program 1,566,000 1,769,000 4,023,000 4,883,000 4,716,000 4,716,000 4,716,000 4,716,000 4,716,000 4,716,000 94 Share of Environmental Requriements 488,000 471,000 471 .000 471,000 471,000 471,000 471,000 95 Capital Share of Catastrophe Funds 12,000 329,000 461 ,PDD 365,000 342,000 401 ,ODO 341,000 96 Operating Share of Catastrophe Funds 3,875,000 781POO 3o,o·oo 1,674,000 2.222,oop 1,4·54,000 1,077,000 1,'166,000 1,349,000 1,227,000 97 Total Appropriated Accumulated Funds 17,100,000 13,469,000 16,135,000 19,900,000 21,004,000 20,594,000 20,267,000 20,456,000 20,847,000 21,080,000 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 17,100,000 13,469,000 16,135,000 19,900,000 21,004,000 20,594,000 20,267,000 20,458,000 20,847,000 21,080,000 DISTRICT NO 1 COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 1.68 1.90 2.31 2.62 2.54 2,50 2.49 2.60 2.63 ,1 101 Subordinate Lien Coverage, Min 1.00 1.07 1.20 1.56 1.63 1 55 1.52 1.52 1.59 1 61 1.54 102 Senior Additional Bonds Test, Min 1.25 1.68 2.75 0,33 2.43 2.74 4.70 4.72 2.34 2.54 2.61 103 Subordinate Additional Bonds Test, Min 1.00 1.19 1.55 2.74 2.66 2 42 2 33 2.33 2.53 2.58 2.48 20 DISTRICT NO 1 USER FEE DATA 21 Single Family Residence User Fee $83.24 $105.00 $125.00 $145.00 $145.00 $145.00 $145.00 $150.00 $150 00 $150.00 22 SFR Fee From 2020 Vision Masterplan $125 00 $150.00 $175.00 $175.00 $225,00 $225.00 $250.00 $325.00 $325.00 $325.00 24 Estimated User Fees From Tax Bill $6,027,000 $7,607,000 $9,069,000 $10,542,000 $10,571,000 $10,607,000 $10,679,000 $11,123,000 $11,198,000 $11,273,000 CF _CONS3.XLW Res & Ratio Summary 10:26 AM .... 3/5/97 Page 3 of 10 AU Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios Borrowing In Dist 1 & 11, Pay As You Go In Others, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimi ) Ref 1996-97 1997-98 199B-99 1999-00 2000-01 2001-02 . 2002-03 2003-04 2004-05 2005 _ DISTRICT NO 2 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 8,633,000 8,511,000 9,044,000 8,920,000 9,134,000 9,340,000 9,566,000 9,800,000 10,040,000 10,287,000 91 Contingency Funds, 20% of Operating Reqmts 3,453,000 3,404,000 3,618,000 3,568,000 3,654,000 3,736,000 3,826,000 3,920,000 4,016,000 4,115,000 92 Debt Service Reserves and Fund Balance 11 ,606,000 11,606,000 11,606,000 11,606,000 11,606,000 11,606,000 11,606,000 11 ,606,000 11,606,000 11,606,000 Next Year's Dry Period Debt Service 8,862,750 8,504,250 8,532,000 8,541,000 8,558,250 8,522,250 8,613,750 8,668,500 8,723,250 8,743,500 93 Share of Capital Improvement Program 14,565,000 17,070,000 17,645,000 22,039,000 22,903,000 15,091,000 15,091,000 15,091,000 15,091,000 15,091,000 94 Share of Environmental Requriements 1,456,000 1,707,000 1,764,000 2,204,000 2,290,000 2,290,000 2,290,000 2,290,000 2,290,000 2,290,000 95 Capital Share of Catastrophe Funds 28,249,500 13,148,500 56,500 99,500 301,500 660,500 288,500 235,500 540,500 196,500 96 Operating Share of Catastrophe Funds 35,095,000 43,345,500 49,746,750 37,370,750 29,544,500 39,440,500 43,084,000 47,681,250 53,401,500 61,596,250 97 Total Appropriated Accumulated Funds 111,920,250 107,296,250 102,012,250 94,348,250 87,991,250 90,686,250 94,365,250 99,292,250 105,708,250 113,925,250 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 111,920,250 107,296,250 102,012,250 94,348,250 87,991,250 90,686,250 94,365,250 99,292,250 105,708,250 113,925,250 DISTRICT NO 2 COP COVERAGE RATIOS ) 100 Senior Lien Coverage, Min 1.25 3.24 3 04 2.92 3.08 3.18 3.25 3.32 3.44 3.58 ~'.79 101 Subordinate lien Coverage, Min 1.00 1.94 1.81 1.74 1.85 1.90 1.94 1.99 2.07 2.16 2.28 102 Senior Additional Bonds Test, Min 1.25 3.24 3.04 2.92 3.08 3.18 3.25 3.32 3.44 3.58 3.79 103 Subordinate Additional Bonds Test, Min 1.00 3.35 3.01 2.84 3.10 3.22 3.35 3.48 3.67 3.91 4.21 20 DISTRICT NO 2 USER FEE DATA 21 Single Family Residence User Fee $71.52 $71.52 $71.52 $74.00 $76.50 $76.50 $76.50 $76.50 $76.50 $76.50 22 SFR Fee From 2020 Vision Masterplan $100.00 $125.00 $125.00 $125.00 $150.00 $150.00 $150.00 $175.00 $175.00 $170.00 24 Estimated User Fees From Tax Bill $18,974,000 $19,046,000 $19,117,000 $19,873,000 $20,659,000 $20,B12,000 $20,978,000 $21,145,000 $21,311,000 $21,477,000 CF _CONS3.XLW Res & Ratio Summary 10:26AM 3/5/97 Page 4 of 10 An Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios Borrowing In Dist 1 & 11, Pay As You Go In Others, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimin""' Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 _2005 DISTRICT NO 3 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 9,053,000 8,448,000 8,215,000 8,367,000 8,571,000 8,782,000 8,998,000 9,221,000 9,451,000 9,687,000 91 Contingency Funds, 20% of Operating Reqmts 3,621,000 3,379,000 3,286,000 3,347,000 3,428,000 3,513,000 3,599,000 3,688,000 3,780,000 3,875,000 92 Debt Service Reserves and Fund Balance 10,486,250 11,433,250 11,043,750 11,023,500 10,977,000 11,092,000 10,840,500 10,787,000 10,705,500 10,486,000 Next Year's Dry Period Debt Service 8,607,750 8,245,500 8,271,750 8,282,250 8,306,250 8,267,250 8,358,750 8,415,750 8,474,250 8,961,000 93 Share of Capital Improvement Program 15,125,000 17,700,000 20,098,000 19,099,000 15,823,000 13,591,000 13,591,000 13,591,000 13,591,000 13,591,000 94 Share of Environmental Requriements 1,512,000 1,770,000 2,010,000 1,910,000 1,582,000 1,359,000 1,359,000 1,359,000 1,359,000 1,359,000 95 Capital Share of Catastrophe Funds 10,559,000 463,250 286,500 343,250 406,750 305,750 156,750 237,250 261,250 92,750 96 Operating Share of Catastrophe Funds 58,031,500 61,007,500 53,034,500 48,687,500 50,169,500 55,319,500 58,606,500 61,922,500 65,845,500 69,684,750 97 Total Appropriated Accumulated Funds 116,995,500 112,446,500 106,245,500 101,059,500 99,263,500 102,229,500 105,509,500 109,221,500 113,467,500 117,736,500 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 116,995,500 112,446,500 106,245,500 101,059,500 99,263,500 102,229,500 105,509,500 109,221,500 113,467,500 117,736,500 DISTRICT NO 3 COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 3.77 3.75 3.81 3.75 3.73 3.98 3.97 3.99 4.03 -4 101 Subordinate Lien Coverage, Min 1.00 1.99 1 97 2.00 1.98 1.95 2.09 2.10 2.12 2.14 2.07 102 Senior Additional Bonds Test, Min 1.25 3.77 3.75 3.81 3.75 3.73 3.98 3.97 3.99 4.03 3.74 103 Subordinate Additional Bonds Test, Min 1.00 3.10 3.03 3.11 3,06 3.00 3.31 3.33 3.38 3.44 3.41 20 DISTRICT NO 3 USER FEE DATA 21 Single Family Residence User Fee $73.89 $73.89 $73.89 $73.89 $73.89 $73.89 $73.89 $73,89 $73.89 $73.89 22 SFR Fee From 2020 Vision Masterplan $125.00 $125.00 $175.00 $175.00 $200.00 $200.00 $200.00 $200.00 $200.00 $245,00 24 Estimated User Fees From Tax Bill $20,697,000 $20,734,000 $20,778,000 $20,830,000 $20,889,000 $20,955,000 $21,044,000 $21,133,000 $21,221,000 $21,310,000 CF _CONS3.XLW Res & Ratio Summary 10:26AM ~3/5/97 Page 5 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios Borrowing In Dist 1 & 11, Pay As You Go In Others, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary p=_) -Ref 1996-97 ~ 1998-99 "1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005• DISTRICT NO 5 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 1,280,000 1,297,000 1,334,000 1,371,000 1,410,000 1,451,000 1,493,000 1,536,000 1,581,000 1,627,000 91 Contingency Funds, 20% of Operating Reqmts 512,000 519,000 533,000 548,000 564,000 580,000 597,000 614,000 632,000 651,000 92 Debt Service Reserves and Fund Balance 3,268,250 2,689,000 2,586,500 2,592,000 2,576,750 2,596,000 2,563,750 2,556,500 2,560,500 3,304,750 Next Year's Dry Period Debt Service 1,383,750 1,329,750 1,334,250 1,331,250 1,336,500 1,330,500 1,341,750 1,349,250 1,350,750 1,038,000 93 Share of Capital Improvement Program 1,910,000 1,925,000 2,655,000 1,943,000 1,730,000 1,954,000 1,954,000 1,954,000 1,954,000 1,954,000 94 Share of Environmental Requriements 191,000 193,000 266,000 194,000 173,000 195,000 195,000 195,000 195,000 195,000 95 Capital Share of Catastrophe Funds 6,611,000 7,103,250 5,564,250 6,275,250 6,744,250 6,669,000 6,976,000 7,384,750 7,937,250 8,662,750 96 Operating Share of Catastrophe Funds 12,952,000 13,615,000 13,946,000 14,239,000 14,489,000 14,697,000 14,862,000 14,983,000 15,058,000 15,087,000 97 Total Appropriated Accumulated Funds 28,108,000 28,671,000 28,219,000 28,493,500 29,023,500 29,472,500 29,982,500 30,572,500 31,268,500 32,519,500 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 28, 1 oa:.ooo· 28,67:-1,000 2a,1e,ooo 28;493,500 29,023;500 _ 29,472,500 29,982,600 30J~7,,2,500 31 ,2~81500 32,51~,500 DISTRICT NO 5 COP COVERA~E RATIOS J 100 Senior Lien Coverage, Min 1.25 3,99 3,73 3.41 3.34 3.32 3,30 3.26 3.23 3.20 101 Subordinate Lien Coverage, Min 1.00 2.37 2.21 2.02 1.99 1.96 1.96 1.93 1.91 1.90 2.46 102 Senior Additional Bonds Test, Min 1.25 3.99 3,73 3.41 3.34 3.32 3.30 3.26 3.23 3.20 5.24 103 Subordinate Additional Bonds Test, Min 1.00 4.38 3.96 3.49 3.43 3.35 3.36 3.28 3.23 3.23 3.77 20 DISTRICT NO 5 USER FE!; D8TA 21 Single Family Residence User Fee $96.75 $85.00 $75.00 $75.00 $75,00 $75.00 $75,00 $75.00 $75.00 $75.00 22 SFR Fee From 2020 Vision Masterplan $125.00 $125.00 $150.00 $150.00 $150,00 $175.00 $175.00 $175.00 $175.00 $225.00 24 Estimated User Fees From Tax Bill $2,670,000 $2,350,000 $2,079,000 $2,087,000 $2,096,000 $2,108,000 $2,123,000 $2,139,000 $2,158,000 $2,179,000 CF _CONS3.XLW Res & Ratio Summary 10:26AM 3/5/97 Page 6 of 10 AH Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios Borrowing In Dist 1 & 11, Pay As You Go In Others, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminarv Ref ~ 1997-98 1998-99 1999-00 2000-01 ?001-02 2002-03 2003-04 2004-05 _200~ DISTRICT NO 6 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 961,000 966,000 988,000 1,011,000 1,034,000 1,058,000 1,082,000 1,107,000 1,133,000 1,160,000 91 Contingency Funds, 20% of Operating Reqmts 384,000 386,000 395,000 404,000 413,000 423,000 433,000 443,000 453,000 464,000 92 Debt Service Reserves and Fund Balance 1,171,500 1,171,000 1,171,000 2,500,000 1,171,000 1,171,000 1,171,000 1,171,000 1,212,250 Next Year's Dry Period Debt Service 1,102,500 1,056,750 1,058,250 1,059,000 1,068,000 1,060,500 1,068,000 1,074,750 1,078,500 998,250 93 Share of Capital Improvement Program 2,175,000 5,445,000 3,532,000 2,398,000 2,287,000 2,838,000 2,838,000 2,838,000 2,838,000 2,838,000 94 Share of Environmental Requriements 218,000 545,000 353,000 240,000 229,000 284,000 284,000 284,000 284,000 284,000 95 Capital Share of Catastrophe Funds 2,967,000 58,500 52,500 261,500 49,500 2,500 120,500 85,500 97,500 59,500 96 Operating Share of Catastrophe Funds 11,924,000 8,281,750 9,151,250 10,042,500 10,320,500 9,174,000 8,422,500 8,186,750 8,368,000 9,259,000 97 Total Appropriated Accumulated Funds 20,903,000 17,910,000 16,701,000 17,916,000 15,401,000 16,011,000 15,419,000 15,190,000 15,423,000 16,275,000 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 20,903,000 17,910,000 16,701,000 16,587,000 16,572,000 16,011,000 15,419,000 15,190,000 15,423,000 16,275,000 DISTRICT NO 6 COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 12.59 12.72 12.16 11.93 11.82 11.68 11.43 12 49 13.83 -,1 101 Subordinate Lien Coverage, Min 1.00 2.47 2.47 2.37 2.33 2.29 2.28 2.24 2 45 2.72 3.25 102 Senior Additional Bonds Test, Min 1.25 12.59 12.72 12.16 11 .93 11.82 11.68 11 .43 12.49 13.83 25.07 103 Subordinate Additional Bonds Test, Min 1.00 2.83 2.82 2.70 2.65 2,60 2.60 2.54 2.80 3.14 3,59 20 DISTRICT NO 6 USER FEE DATA 21 Single Family Residence User Fee $76.47 $76.47 $76.47 $76.47 $76.47 $76.47 $76.47 $85.00 $95.00 $105.00 22 SFR Fee From 2020 Vision Masterplan $100.00 $125.00 $125.00 $150.00 $175.00 $175.00 $200.00 $275.00 $300.00 $335.00 24 Estimated User Fees From Tax Bill $3,330,000 $3,332,000 $3,334,000 $3,337,000 $3,341,000 $3,346,000 $3,351,000 $3,732,000 $4,179,000 $4,629,000 CF _CONS3.XLW Res & Ratio Summary 1:39 PM _.3/5/97 Page 7 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios Borrowing In Dist 1 & 11, Pay As You Go In Others, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimi' Ref 1996-97 .1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005 DISTRICT NO 7 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 3,101,000 3,176,000 3,324,000 3,362,000 3,424,000 3,622,000 3,628,000 3,734,000 3,843,000 3,956,000 91 Contingency Funds, 20% of Operating Reqmts 1,240,000 1,270,000 1,329,000 1,345,000 1,369,000 1,449,000 1,451,000 1,493,000 1,537,000 1,582,000 92 Debt Service Reserves and Fund Balance 3,947,000 3,144,000 3,013,000 3,009,000 2,985,000 3,006,000 2,978,000 2,964,000 2,962,000 3,532,000 Next Year's Dry Period Debt Service 1,737,000 1,667,000 1,670,000 1,670,000 1,680,000 1,675,000 1,685,000 1,695,000 1,700,000 1,462,000 93 Share of Capital Improvement Program 4,500,000 5,835,000 6,921,000 8,173,000 5,473,000 4,612,000 4,612,000 4,612,000 4,612,000 4,612,000 94 Share of Environmental Requriements 450,000 584,000 692,000 817,000 547,000 461,000 461,000 461,000 461,000 461,000 95 Capital Share of Catastrophe Funds 1,490,000 66,000 4,000 4,000 20,000 277,000 82,000 71,000 85,000 50,000 96 Operating Share of Catastrophe Funds 13,711,000 12,034,000 8,151,000 3,881,000 7,795,000 10,162,000 11,805,000 12,388,000 13,291,000 14,672,000 97 Total Appropriated Accumulated Funds 30,176,000 27,776,000 25,104,000 22,261,000 23,293,000 25,264,000 26,702,000 27,418,000 28,491,000 30,327,000 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 30,176,000 27,776,000 25,104,000 22,261,000 23,293,000 25,264,000 26,702,000 27,418,000 28,491,000 30,327,000 DISTRICT NO 7 COP QQVERA~E RATIOS ~J 1 oo Senior Lien Coverage, Min 1.25 4,20 4.66 5.50 6.39 7.35 7.21 6.53 5,67 5.78 101 Subordinate Lien Coverage, Min 1.00 1 74 1.98 2.28 2.64 3.02 2.99 2.71 2.35 2.40 2.95 102 Senior Additional Bonds Test, Min 1.25 4.20 4.66 5.50 6.39 7.35 7.21 6.53 5,67 5.78 9.93 103 Subordinate Additional Bonds Test, Min 1.00 2.27 2.71 3.18 3.80 4.43 4.41 3.91 3.30 3.38 3.77 20 DISTRICT NO 7 USER FEE DATA 21 Single Family Residence User Fee $50.09 $60.00 $70.00 $80.00 $90.00 $90.00 $80.00 $70.00 $70.00 $70.00 22 SFR Fee From 2020 Vision Masterplan $75.00 $75.00 $75.00 $125.00 $125.00 $125.00 $130.00 $125.00 $125.00 $145.00 24 Estimated User Fees From Tax Bill $5,109,000 $6,126,000 $7,158,000 $8,196,000 $9,243,000 $9,270,000 $8,268,000 $7,263,000 $7,294,000 $7,329,000 CF _CONS3.XLW Res & Ratio Summary 10:26AM 3/5/97 Page 8 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios Borrowing In Dist 1 & 11, Pay As You Go In Others, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelimir--• Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04_ 2004-05 200E. DISTRICT NO 11 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 2,230,000 2,249,000 2,290,000 2,348,000 2,408,000 2,470,000 2,534,000 2,600,000 2,668,000 2,739,000 91 Contingency Funds, 20% of Operating Reqmts 882,000 890,000 913,000 936,000 960,000 985,000 1,010,000 1,037,000 1,064,000 1,092,000 92 Debt Service Reserves and Fund Balance 1,827,000 2,050,000 2,238,000 2,077,000 2,077,000 2,077,000 2,077,000 2,077,000 2,077,000 2,077,000 Next Year's Dry Period Debt Service 1,637,000 1,568,000 1,569,000 1,909,000 1,922,000 1,910,000 1,922,000 1,931,000 1,938,000 1,837,000 93 Share of Capital Improvement Program 3,340,000 3,850,000 5,319,000 3,389,000 2,945,000 3,888,000 3,888,000 3,888,000 3,888,000 3,888,000 94 Share of Environmental Requriements 334,000 385,000 532,000 339,000 295,000 389,000 389,000 389,000 389,000 389,000 95 Capital Share of Catastrophe Funds 1,510,000 68,000 191,000 61,000 172,000 64,000 70,000 43,000 4,000 18,000 96 Operating Share of Catastrophe Funds 6,994,000 5,447,000 6,069,000 8,'079,000 8,928,000 7,702,000 7,494,000 7,477,000 7,672,000 8,311,000 97 Total Appropriated Accumulated Funds 18,754,000 16,507,000 19,121,000 19,138,000 19,707,000 19,485,000 19,384,000 19,442,000 19,700,000 20,351,000 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 18,754,000 16,507,000 19,121 ,000 19,138,000 19,707,000 19,485,000 19,384,000 19,442"000 19,700,000 20,351,000 DISTRICT NO 11 COP COVERAGE RATIOS 100 Senior Lien Coverage, Min 1.25 6.94 9.01 12.93 8.90 8.84 8.77 8.62 8.52 8.47 I ;,18 101 Subordinate Lien Coverage, Min 1.00 1 13 1.46 2.10 1 94 1.92 1 91 1.88 1.86 1.85 1.95 102 Senior Additional Bonds Test, Min 1_25 6.94 9.01 12,93 8.90 8,84 8.77 8.62 8.52 8.47 11.18 103 Subordinate Additional Bonds Test, Min 1.00 1.16 1.55 2.31 2.20 2.17 2.17 2.13 2.11 2.09 2.15 20 DISTRICT NO 11 USER FEE DATA 21 Single Family Residence User Fee $60.00 $90.00 $120,00 $130.00 $130,00 $130.00 $130.00 $130,00 $130.00 $130.00 22 SFR Fee From 2020 Vision Masterplan $175.00 $175.00 $175.00 $175.00 $175.00 $200.00 $200.00 $200.00 $200.00 $200.00 24 Estimated User Fees From Tax Bill $3,042,000 $4,572,000 $6,114,000 $6,650,000 $6,682,000 $6,721,000 $6,767,000 $6,819,000 $6,877,000 $6,942,000 CF _CONS3XLW Res & Ratio Summary 10:26AM ~/5/97 Page 9 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios Borrowing In Dist 1 & 11, Pay As You Go In Others, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Prelim' Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005 DISTRICT NO 13 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 268,000 269,000 274,000 280,000 286,000 292,000 298,000 304,000 311,000 318,000 91 Contingency Funds, 20% of Operating Reqmts 107,000 107,000 110,000 112,000 114,000 117,000 119,000 121,000 124,000 127,000 92 Debt Service Reserves and Fund Balance Next Year's Dry Period Debt Service 21,000 20,250 20,250 20,250 20,250 20,250 20,250 20,250 20,250 20,250 93 Share of Capital Improvement Program 515,000 1,872,000 4,786,000 4,883,000 4,716,000 4,716,000 4,716,000 4,716,000 4,716,000 4,716,000 94 Share of Environmental Requriements 52,000 52,000 67,000 488,000 471,000 471,000 471,000 471,000 471,000 471,000 95 Capital Share of Catastrophe Funds 6,451,000 4,685,000 1,508,000 894,000 1,191,000 996,000 1,025,000 1,312,000 1,896,000 2,631,000 96 Operating Share of Catastrophe Funds 1,660,000 1,964,000 2,212,000 2,497,000 2,776,000 3,098,000 3,470,000 3,899,000 4,388,000 4,947,000 97 Total Appropriated Accumulated Funds 9,074,000 8,969,250 8,977,250 9,174,250 9,574,250 9,710,250 10,119,250 10,843,250 11,926,250 13,230,250 98 Unappropriated Accumulated Funds 99 Total Accumulated Funds 9,074,000 8,969,250 8,977,250 9,174,250 9,574,250 9,710,250 10,119,250 10,843,250 11,926,250 13,230,250 DISTRICT NO 13 COP COVERA~E RATIOS ) 100 Senior Lien Coverage, Min 1.25 NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA 101 Subordinate Lien Coverage, Min 1.00 26.93 24.50 22.23 23.13 22.93 24.33 25.80 28.00 30.93 34.53 102 Senior Additional Bonds Test, Min 1.25 NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA 103 Subordinate Additional Bonds Test, Min 1.00 26.93 24.50 22.23 23.13 22.93 24.33 25.80 28.00 30.93 34.53 20 DISTRICT NO 13 USER FEE DATA 21 Single Family Residence User Fee $100.00 $90.00 $80.00 $80.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 22 SFR Fee From 2020 Vision Masterplan $175.00 $270.00 $385.00 $450.00 $530.00 $505.00 $400.00 $390.00 $415.00 $460.00 24 Estimated User Fees From Tax Bill $803,000 $741,000 $686,000 $718,000 $707,000 $745,000 $786,000 $831,000 $880,000 $932,000 CF _CONS3.XLW Res & Ratio Summary 10:26AM 3/5/97 Page 10 of 10 All Districts Summary County Sanitation District No.1 thru 14 Summary of Accumulated Funds and COP Ratios Borrowing In Dist 1 & 11, Pay As You Go In Others, Funding Compliance In 3 Years Fiscal Year 1996-97 Thru 2005-2006 Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Preliminary Ref 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 DISTRICT NO 14 ACCUMULATED FUNDS 90 Next Year's Dry Period Funding Requirements 836,000 844,000 865,000 886,000 909,000 931,000 955,000 979,000 1,004,000 1,029,000 91 Contingency Funds, 20% of Operating Reqmts 334,000 337,000 346,000 354,000 363,000 372,000 382,000 391,000 401,000 412,000 92 Debt Service Reserves and Fund Balance Next Year's Dry Period Debt Service 124,500 120,000 120,750 120,000 121,500 120,750 122,250 123,000 123,000 125,25D 93 Share of Capital Improvement Program 2,855,DDD 1,872,DDO 4,786,DDD 4,883,000 4,716,0DO 4,716,DDD 4,716,DOO 4,716,DDD 4,716,DDO 4,716,DDD 94 Share of Environmental Requriements 285,DDD 285,000 67,00D 488,0DO 471,000 471,DOD 471,000 471,DOD 471,000 471 ,DDD 95 Capital Share of Catastrophe Funds 1,173,DDD 1,682,000 1,678,00D 3,03D,8DO 3,582,80D 4,316,800 4,579,80D 4,034,800 3,456,800 3,153,8DD 96 Operating Share of Catastrophe Funds 1,769,DDD 2,D42,DOD 2,322,00D 2,680,000 3,D12,DOD 3,423,DDO 2,986,000 3,094,000 3,157,DOO 3,335,DDD 97 Total Appropriated Accumulated Funds 7,376,5DD 7,182,DOO 10,184,750 12,441,800 13,175,300 14,35D,550 14,212,DSO 13,8D8,8DO 13,328,8DD 13,242,050 98 Unappropriated Accumulated Funds ----- 99 Total Accumulated Funds 7,376,5DO 7,182,0DO 10,184,75D 12,441,8DO 13,175,300 14,350,550 14,212,050 13,808,80D 13,328,800 13,2 ) - DISTRICT NO 14 COP COVERAGE RATIOS 1 DD Senior Lien Coverage, Min 1.25 NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA 101 Subordinate Lien Coverage, Min 1.00 33.25 4.19 4.74 5.82 6.68 6.57 1 95 4.93 4.53 4.11 102 Senior Additional Bonds Test, Min 1.25 NIA NIA NIA NIA NIA NIA NIA NIA NIA NIA 103 Subordinate Additional Bonds Test, Min 1.00 33.25 4.19 4,74 5.82 6,68 6,57 1.95 4.93 4.53 4.11 CF _CONS3.XLW Res & Ratio Summary 10:26AM 1997-98 Major Budget Policies and Issues Summary 1. Total staffing, based upon full time equivalents, is projected to be 560 at July 1, 1997. This is a decrease of 56 or 9.1 % from July 1, 1996. Another 5% reduction is anticipated during 1997-98. 560 allows some regrowth from the currently anticipated attrition and early retirement reductions. 2. Total flow for 1997-98 is projected to approximate 245 mgd, up 2.1 % from the 1996-97 budget of 240 mgd. Flows for the first 6 months of 1996-97 have averaged 243 mgd. Silverado Constructors is estimated to discharge 1. 7 mgd for 1997-98. Employment and flows lost to the economic downturn of 1992 have been recovered and the difference between the 1990-91actual flows and the 1997-98 projection is due to water conservation and changes in dischargers. 3. Total joint works operating, maintenance and administration costs are proposed to be $47,000,000 for 1997-98, a decrease of 3.5% or $1,700,000 from the 1996-97 budget and $700,000 below the estimated actual for 1996-97. 4. Based on the projected flows and proposed joint works budget above, the cost to treat and dispose of 1 million gallons will equal $525.00, a decrease of 5.5% from the 1996-97 budget of $555.94/mg. 5. The joint works capital improvement budget (CORF) will be proposed by the Planning, Design and Construction Committee, but is not expected to exceed $50 million as some 1996-97 projects are proceeding ahead of schedule and will not need to be budgeted in 1997-98. New improvements for 1997-98 will emphasize plant automation, local computerization networks, electrical reliability, seismic safety and regional water reclamation, repurification and recycling through cooperation with the OCWD. 6. The FAHR Committee will consider sewer service fee adjustments as a part of the budget review process. 7. The interest rate assumed for budgeting interest earnings on the District investments will be 6.3%, per PIMCO. 8. Inflation for Orange County in 1997-98 is projected to be 2.6% based on the percentage of change in the consumer price index obtained from the December 1996 Economic and Business Review report prepared by Chapman University. 9. The interest rate assumed for payback analysis of projects will be 6% for 1997-98, and will only be reviewed by the FAHR for the second half if a change of 50% or greater is proposed 10. The "reserve policy" will be reviewed by FAHR and the Joint Boards during 1997-98. 11. An amount equal to 2% of salaries and wages will be budgeted for staff training & meetings. 12. An amount equal to 1 % each will be budgeted in joint works salaries, joint works materials and services and joint works capital improvements as a budgeted contingency for the General Manager to administer and allocate in accordance with current Board authorization and policy. 13. Department Heads may reallocate budgeted funds within Divisions or Departments in accordance with provisions of Resolutions 96-87 and Districts policies as long as the total budget for the Department is not increased. 14. The General Manager may reallocate budgeted funds between Departments as long as the total fund budget is not increased. 15. The Board of Directors may increase a fund budget as long as funds are available. 16. Only the Board of Directors may reallocate budgeted funds between salaries & benefits and other budget categories. A:\BUDG97-3.WPD CSDOC e P.O. Box 8127 e Fountain Valley, CA 92728-8127 e (714) 962-2411 INF·ORMATIONAL PR-ESE:NTATlONS C ( ' --r ----r1 For BdiSec, U! L AGENC._. • COMM. INFO. ITEM ITEM • COMM. ACTION ITEM • JT. BOS. CONSENT TRANSMITTAL • JT. BOS. DISCUSSION (NON-CONSENl) ' • PUBLIC HEARING JT. BOS. MEETING DATE JT. BOS. AGENDA ITEM NO. MEETING DATE ~OMM. ID. NO. DISTRICT NO. CONTACT FOR INFORMATION Rcr (Initials of Originator) OMTS: @MTS PDC: PDC FAHR: 3/12/97 iFAHR 1.1· ci2.' I 2440, Rob Thompson, 3455 EXE© ' All EXEC: STEER: STEER -Division No., Name, and Extension JT.BDS: AGENDA WORDING AND RECOMMENDED ACTION($): Agenda Wording: Plant Automation Demonstration Recommended Action(s): This is an informational item only and there are no recommended actions. CEQA REVIEW: Project is Exempt: NOT APPLICABLE DATE OF MOST RECENT BOARD ACTION ON THIS SPECIFIC ITEM: Date Notice of Exemption Filed: Negative Declaration Approved on Final EIR Approved on_ and Notice of Determination filed on_ CURRENTBUDGETICOST CURRENT YEAR CURRENT YEAR-YEAR-TO-DATE REVISED BUDGET INFORMATION BUDGET AMOUNT TO-DATE BUDGET BALANCE TOTAL EXPENDITURES (Total Budget plus Transfers) TOTAL BUDGETED AMT.: $ $0 $0 $0 $0 SOURCE: CORF JO DISTRICTS Schedule/Line Items: AMOUNT OF TRANSFER: Schedule/Line Item: TOTAL PROJECT BUDGET ORIGINAL PREVIOUS BUDGET BUDGET CHANGE REVISED TOTAL INFORMATION BUDGET TOTAL CHANGES THIS AIT PROJECT BUDGET First Year in Budget: $0.00 Master Plan Estimate: Year of First Costs: THIS AITNENDOR/PROJECT COST ORIGINAL BID, CHANGE ORDERS, AMOUNT AMENDED PROJECT INFORMATION PO,CONTRACT FUNDS PREV. REQUESTED THIS AMOUNT AMOUNT APPROVED AIT $0.00 $0.00 WILL PROJECT REQUIRE ADDITIONAL PERSONNEL? NO REQUIRES BOARD POLICY ACTION? NO If YES, state number: _ Permanent -Limited Term If YES, explain in ADDITIONAL INFORMATION section Revised 01114197 Page 1 of 4 H:\WP.DTA\GSA\241 0\HODGES\FAHR\MAR97.FAH CONCURRENCES: ATTACHMENTS TO '\NOA (List) To Committee: 1. Signature Date Division Manager Or Designee) ~ Signature To Jt. Bds.: 1. Department Head (Or Designee) ~>, ul c/4.--,v. .:J J 2-v/rO Signature Date Assistant General Manager (Or Designee) ADDITIONAL INFORMATION (Background and/or Summary) In April 1993, the Directors authorized project J-31 , Automation of the Ocean Outfall Booster Station at Plant No. 2. At last month's PDC, the committee authorized a change order that will allow us to complete the project. This project has recently finished the field testing portion of the contract and is being remotely controlled by the Operations Department. Rob Thompson, the Manager of Plant Automation, will be presenting a live demonstration of the Plant Automation of the Ocean Outfall Booster Station. Budget Information The implementation of all of the recommendations was accounted for in this years JO Budget and no additional monies are needed. Staff Recommendation This is an informational item only. EEH:fw c: Department Head AGM-Administration AGM-Operations General Manager Revised 01 /14/97 H:\WP.DTA\GSA\2410\HODGES\FAHR\MAR97.FAH Page 2 of 4 FAHR CALENDA,R March 12, 1997 lk.:;J1... .... t: 1i •. 1!li::il iiii~p'.tfil'.;:l:ff!J Consideration of 1997-98 User Fees, Connection Fees, Annexation Fees ·········--·-·· .. 1· . tl]i!~i[j(:ii Consideration of Revised Accumulated Funds Policy ii!U( '' ) Consideration of Report on Integrated Emergency Response Plan I .,,; ··:: ~'1" ?;~ Consideration of Funding Options for Santa Ana River Interceptor Relocation 1;it~?%\C~ y;;y;1fi"11,1: Consideration of Draft Five-Year Staffing Plan Information Information Information Action Action 1: . ·'c,, '!~i1----------------------• ¾::::,i !(),mi' ''' Consideration of Districts' Capital Improvement Program (CORF) 'iill\t"t, ·,:ss"ll: '"~, Consideration of Third Quarter Update of Budget & Performance Measures •r ~Vil!:-~ -:fr;;~·.:ill Action Information di:un 1Wm1r·:;]{~:~l1----------------------------------------11 ;iH'1;;1;;,:~Jili)i('· Consideration of Third Quarter Treasury Report :,.:i ,.tt(:f:lil;L Action ~~h:e::;,,= Consideration of Implementation of Risk Management Task Force ·····--... L Information ... "En; }c~"\:1-------------------------------------- ii i; 'e:;::ff:J!!t Consideration of Land Lease at Plant 2 :it:"i /~1::'=ii '~------------------------------------- 111,1;!,tl, 1:I:;: ·•'" Consideration of 1997-98 Joint Works Budgets ~ iii!U.: y:,cl!ltt:.·;,; Information Action H:\WP.DTA\FIN\2210\CRANE\FPC.MTG\FAHR.97\MARICALJ.97 CSDOC e P.O.Box8127 e FountainValley,CA92728-8127 e (714)962-2411