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<br />65B -193
<br />NOVEMBER 2014
<br />SEWER RATE STUDY I City of Santa Ana, CA
<br />Table 11:
<br />Operating Fund Financing Plan
<br />- Status Quo
<br />Scenario
<br />PROJECTED
<br />00r
<br />Revenue
<br />1
<br />Revenue from Existing Rates
<br />5,280.9
<br />5,268.0
<br />5,268.0
<br />5,268.0
<br />5,268.0
<br />5,268.0
<br />Months
<br />Year Effective Rate
<br />2
<br />FY 14/15 4 0.0%
<br />0.0
<br />0.0
<br />0.0
<br />0.0
<br />0.0
<br />3
<br />FY 15/16 12 0.0%
<br />0.0
<br />0.0
<br />0.0
<br />0.0
<br />4
<br />FY 16/17 12 0.0%
<br />0.0
<br />0.0
<br />0.0
<br />5
<br />FY 17/18 12 0.0%
<br />0.0
<br />0.0
<br />6
<br />FY 18/19 12 0.0%
<br />0.0
<br />Increased Revenue Due to
<br />7
<br />Adjustments
<br />0.0
<br />0.0
<br />0.0
<br />0.0
<br />0.0
<br />0.0
<br />8
<br />Total Rate Revenue
<br />5,280.9
<br />5,268.0
<br />5,268.0
<br />5,268.0
<br />5,268.0
<br />5,268.0
<br />Other Operating Revenue
<br />9
<br />Miscellaneous Revenue
<br />0.0
<br />18.0
<br />18.0
<br />18.0
<br />18.0
<br />18.0
<br />10
<br />Interest Income
<br />22.0
<br />38.3
<br />0.0
<br />0.0
<br />0.0
<br />0.0
<br />11
<br />Total Other Operating Revenue
<br />22.0
<br />56.3
<br />18.0
<br />18.0
<br />18.0
<br />18.0
<br />12
<br />Total Revenue
<br />$5,302.9
<br />$5,324.3
<br />$5,286.0
<br />$5,286.0
<br />$5,286.0
<br />$5,286.0
<br />Revenue Requirements
<br />13
<br />O &M Expenses
<br />3,726.9
<br />4,584.4
<br />4,817.5
<br />4,905.9
<br />4,996.1
<br />5,088.0
<br />14
<br />Routine Capital Outlay
<br />146.8
<br />38.3
<br />1,378.3
<br />38.3
<br />38.3
<br />38.3
<br />Debt Service
<br />15
<br />Proposed Debt
<br />0.0
<br />0.0
<br />0.0
<br />0.0
<br />0.0
<br />0.0
<br />16
<br />Total Debt Service
<br />0.0
<br />0.0
<br />0.0
<br />0.0
<br />0.0
<br />0.0
<br />Transfers
<br />17
<br />Transfer to NPDES Fund
<br />264.0
<br />263.4
<br />263.4
<br />263.4
<br />263.4
<br />263.4
<br />18
<br />Transfer to Capital Fund
<br />1,246.8
<br />2,250.0
<br />3,750.0
<br />3,750.0
<br />3,750.0
<br />3,750.0
<br />19
<br />Total Transfers
<br />1,510.8
<br />2,513.4
<br />4,013.4
<br />4,013.4
<br />4,013.4
<br />4,013.4
<br />20
<br />Total Revenue Requirements
<br />$5,384.5
<br />$7,136.1
<br />$10,209.2
<br />$8,957.5
<br />$9,047.8
<br />$9,139.7
<br />Operating Fund Balance
<br />21
<br />Net Cash Balance
<br />(81.6)
<br />(1,811.8)
<br />(4,923.2)
<br />(3,671.6)
<br />(3,761.8)
<br />(3,853.7)
<br />22
<br />Beginning Fund Balance
<br />4,050.6
<br />3,969.0
<br />2,157.2
<br />(2,766.0)
<br />(6,437.6)
<br />(10,199.4)
<br />23
<br />Cumulative Fund Balance
<br />3,969.0
<br />2,157.2
<br />(2,766.0)
<br />(6,437.6)
<br />(10,199.4)
<br />(14,053.1)
<br />Target Minimum Fund Balance
<br />24
<br />(25 %O &M) +$1M Emergency
<br />1,919.0
<br />2,130.4
<br />2,187.9
<br />2,209.7
<br />2,231.9
<br />2,254.6
<br />65B -193
<br />NOVEMBER 2014
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