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City of Santa Ana, CAI lN, \TF. is Rn CE 51 U DY
<br />Table - 7: Capital Improvement Program based on System Risk Profile in Thousands of Dollars
<br />3,582.2
<br />5,208.8
<br />0.0
<br />0.0
<br />8,738.8
<br />Total Capital Expenditures $3,064.2 $10,462.2 $12,244.9 $13,059.3 $14,476.3 $17,529.8
<br />From FY 14/15 through FY 18/19, the Water Enterprise is projecting expenditures totaling $67,772,500.
<br />As part of the financial plan analyses, an annual inflation allowance of 3 percent beginning in FY 15/16
<br />was included in the above capital improvement project costs.
<br />Capital Fund Financing
<br />A proposed financing plan for the Water Enterprise's CIP is shown in Table 8 and Table 9. Table 8
<br />summarizes the plan in the event that the City elects to forego revenue adjustments, execute the
<br />proposed CIP but omit the annual R &R projects, and cash finance all activities (Status Quo Scenario).
<br />Table 9 is the proposed financing under the assumption that the City will elect to propose revenue
<br />adjustments (Scenario 1). Financing for the CIP is anticipated to come from a combination of funds on
<br />hand, transfers from water sales revenues derived from rates, grants, and bond proceeds. The Water
<br />Enterprise currently maintains a capital fund that is used to finance CIP projects as well as to separate
<br />the commingling of rate and connection funds. The capital fund generates revenue from developer fees,
<br />transfers and debt proceeds (as appropriate). With new development in City slowing dramatically, the
<br />Water Enterprise will depend on rate revenue and bond proceeds (as necessary) to execute planned CIP
<br />projects.
<br />BLACK & VEATCH I Water Rate Study
<br />[INTENTIONALLY LEFT BLANK]
<br />65B -43
<br />41
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<br />911_1
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<br />CUSTOMER CLASS
<br />Advanced Metering
<br />Infrastructure
<br />0.0
<br />0.0
<br />3,278.2
<br />3,376.5
<br />3,477.8
<br />R &R - Annual Projects
<br />0.0
<br />0.0
<br />5,352.5
<br />0.0
<br />5,057.2
<br />Well 32 Rehabilitation
<br />0.0
<br />0.0
<br />0.0
<br />5,177.3
<br />0.0
<br />Inspections
<br />0.0
<br />0.0
<br />314.8
<br />0.0
<br />1,300.6
<br />R &R- Critical Projects
<br />3,064.2
<br />10,462.2
<br />3,299.4
<br />4,505.5
<br />4,640.7
<br />3,582.2
<br />5,208.8
<br />0.0
<br />0.0
<br />8,738.8
<br />Total Capital Expenditures $3,064.2 $10,462.2 $12,244.9 $13,059.3 $14,476.3 $17,529.8
<br />From FY 14/15 through FY 18/19, the Water Enterprise is projecting expenditures totaling $67,772,500.
<br />As part of the financial plan analyses, an annual inflation allowance of 3 percent beginning in FY 15/16
<br />was included in the above capital improvement project costs.
<br />Capital Fund Financing
<br />A proposed financing plan for the Water Enterprise's CIP is shown in Table 8 and Table 9. Table 8
<br />summarizes the plan in the event that the City elects to forego revenue adjustments, execute the
<br />proposed CIP but omit the annual R &R projects, and cash finance all activities (Status Quo Scenario).
<br />Table 9 is the proposed financing under the assumption that the City will elect to propose revenue
<br />adjustments (Scenario 1). Financing for the CIP is anticipated to come from a combination of funds on
<br />hand, transfers from water sales revenues derived from rates, grants, and bond proceeds. The Water
<br />Enterprise currently maintains a capital fund that is used to finance CIP projects as well as to separate
<br />the commingling of rate and connection funds. The capital fund generates revenue from developer fees,
<br />transfers and debt proceeds (as appropriate). With new development in City slowing dramatically, the
<br />Water Enterprise will depend on rate revenue and bond proceeds (as necessary) to execute planned CIP
<br />projects.
<br />BLACK & VEATCH I Water Rate Study
<br />[INTENTIONALLY LEFT BLANK]
<br />65B -43
<br />41
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