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Sanitary Sewer System Rate Impact Summary
<br />City of Ramsey, Minnesota
<br />9/15/2017
<br />Beginning Balance
<br />Projected /
<br />Actual Actual Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected Projected
<br />2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2030 2035 2040
<br />10,730,177 10,731,811 9,894,880 10,774,551 11,199,678 11,565,438 11,909,244 12,229,589 12,524,903 13,566,487 13,375,837 11,944,107
<br />Sanitary Sewer System Revenue
<br />Billings and Interest
<br />From Utility Billings (2016 is based on current activity and inflated 1% per year to 2040) 1,528,683 1,543,970 1,559,410 1,575,004 1,590,754 1,606,661 1,622,728 1,638,955 1,655,345 1,739,784 1,828,530 1,921,804
<br />Internal Loan to offset Muni Center Debt beginning year 2010-2029 @ 2% 47,814 48,770 49,746 50,741 51,755 52,791 53,846 54,923 56,022
<br />Interal loan to offset RTC land Purchase - 10 Year @ 2% (When land proceeds received) - - - - - - - -
<br />Interest Earnings 107,302 160,977 148,423 161,618 167,995 173,482 178,639 183,444 187,874 203,497 200,638 179,162
<br />Total Billings and Interest 1,683,799 1,753,717 1,757,578 1,787,362 1,810,504 1,832,933 1,855,213 1,877,322 1,899,240 1,943,281 2,029,168 2,100,965
<br />SAC and Connection Charges
<br />New Customers (REUs) 160 160 160 160 160 160 160 160 160 160 160 160
<br />Residential Connection (Trunk) Fees per Connection (Actual 2016 value and then inflated at 2.5% per year to 2040)
<br />Residential Sewer Availability Charge (SAC) (Actual 2016 value and then inflated at 2.5% per year to 2040)
<br />1,183 1,212 1,243 1,274 1,306 1,338 1,372 1,406 1,591 1,800 2,036
<br />2,547 2,611 2,676 2,743 2,812 2,882 2,954 3,028 3,426 3,876 4,385
<br />Trunk Revenue (Based on 2016 activity) (2017 to 2040 based on 160 REUs per year) 184,640 189,256 193,987 198,837 203,808 208,903 214,126 219,479 224,966 254,528 287,975 325,818
<br />SAC Revenue (1% of Total) (Based on 2016 activity) (2017 to 2040 based on 160 REUs per year) 3,976 4,075 4,177 4,282 4,389 4,498 4,611 4,726 4,844 5,481 6,201 7,016
<br />Total SAC and Conenction Fees 188,616 193,331 198,165 203,119 208,197 213,402 218,737 224,205 229,810 260,009 294,177 332,834
<br />Sanitary Sewer System Expenses
<br />Operating Expenses (Personal Services, Supplies, Other Services & Charges) (1,014,301) (1,044,730) (1,076,072) (1,108,354) (1,141,605) (1,175,853) (1,211,128) (1,247,462) (1,284,886) (1,489,535) (1,726,780) (2,001,811)
<br />Based on 2016 Activity and inflated at 3% per year from 2017 to 2040)
<br />CIP Projects -Sewer Utilities
<br />Bunker Lake Boulevard Trunk Sanitary Sewer (105,658)
<br />Utility Truck(s) (25,000) (23,500)
<br />Puma Street Trunk Sanitary Sewer and Lift Station (725,822)
<br />Abandon Wildlife Sanctuary Lift Station
<br />Public Works Campus (1,715,750)
<br />Fire Station #1 Sanitary Sewer
<br />Abandon Liftstation River Pines
<br />Armstrong Boulevard Extend Sewer to Riverdale
<br />TOTALS Note: CIP Project 2021 to 2040 ($505,980/Year in 2017 Dollars. Inflated 3%/Year.) (856,480) (1,739,250)
<br />Remaining Working Capital Balance
<br />10,730,177 I 10,731,811
<br />*** This fund is created to offset the repairs of lines. The city currently has over $21,000,000 of sewer lines (per 2013 audit)
<br />which includes over $5.8M of accumulated depreciation
<br />Indicates adjustable values
<br />(352,000)
<br />(60,000)
<br />(45,000)
<br />(457,000) (511,336) (526,676) (542,476) (558,751) (575,513) (667,178) (773,442) (896,631)
<br />9,894,880 10,774,551 11,199,678 11,565,438 11,909,244 12,229,589 12,524,903 12,793,554 13,613,065 13,198,960 11,479,464
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