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MEMORANDUM
<br />Page 5
<br />B &V 175203
<br />B &V File A4
<br />12 June 2015
<br />Table 3: Comparison of Revenue Requirements under Current Plan and Drought
<br />75E -8
<br />Revenue
<br />1
<br />Revenue from Existing Rates
<br />49,784,800
<br />45,397,100
<br />Year Months Effective Rate Adj
<br />,..
<br />2
<br />FY 14/15 4 2.8%
<br />1,394,000
<br />1,271,100
<br />3
<br />FY 15/16 12/4 2.9%17%
<br />1,433,000
<br />1,306,700
<br />4
<br />Increased Revenue Due to Adjustments
<br />_ 4827,000
<br />2,577,800
<br />5
<br />Total Rate Revenue
<br />52,611,800
<br />47,974,900
<br />6
<br />Other Operating Revenue
<br />1,529,400,
<br />1,528,400
<br />7
<br />Interest Income
<br />252,800
<br />230,200
<br />8
<br />Total Other Revenue
<br />1,781,200
<br />1,758,600
<br />9
<br />Total Revenue
<br />$54,393,000
<br />$49,733,500
<br />Revenue Requirements
<br />10
<br />O &M Expenses
<br />25,391,700
<br />23,555,800
<br />11
<br />Water Purchase
<br />20,056,800
<br />21,892,700
<br />12
<br />Routine Capital Outlay
<br />3,298,400
<br />3,298,400
<br />Debt Service
<br />13
<br />Existing Debt
<br />1,575,100
<br />1,575,100
<br />14
<br />Proposed Debt
<br />1,171,500
<br />1,171,500
<br />15
<br />Total Debt Service
<br />2,746,600
<br />2,746,600
<br />Transfers
<br />16
<br />Transfer to Fund 66 - Water CIP
<br />7,350,000
<br />7,350,000
<br />17
<br />Transfer to NPDES Fund
<br />1,578,400
<br />1,439,200
<br />18
<br />Total Transfers
<br />8,928,400
<br />8,789,200
<br />19
<br />Total Revenue Requirements
<br />$60,421,900
<br />$60,282,700
<br />Operating Fund Balance
<br />20
<br />Net Cash Balance
<br />(6,028,900)
<br />(10,549,200)
<br />21
<br />Beginning Fund Balance
<br />28,296,500
<br />28,296,500
<br />22
<br />Net Cumulative Working Capital Balance
<br />$22,267,600
<br />$17,747,300
<br />Target Reserve (25% of O &M) + $11VI Emergency
<br />23
<br />Fund
<br />12,206,500
<br />12,206,500
<br />75E -8
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