For the enlargement of sewer facilities of the City so as to enhance efficiency of utilization and/or adequacy of capacity and for planning and/or evaluating any future proposals for area wide sewage treatment and or water reclamation systems or facilities.
FEE AMOUNT: 4,671$ per equivalent dwelling unit (EDU) FY 23/24 CASH BALANCE INFORMATION *:
FUND 413
TRUNK SEWER
(TS)
Beginning Cash Balance, 07/01/23 77,175,064
Revenues
Interest Earned 2,640,881
Sewerage Facility Participant Fees 4,859,064
Transfer In -
Total Revenues 7,499,945
Expenditures
CIP Project Expenditures (4,416,677)
Transfers Out (31,668)
Other Expenditures (25,591)
Total Expenditures (4,473,936)
Net Balance Sheet Activity 818,612
Ending Cash Balance*, 06/30/24 81,019,685$
*Unaudited
ATTACHMENT 3
TRUNK SEWER CAPITAL RESERVE
FY 23/24 ACTIVITY
FEE DESCRIPTION:
(SEWER CAPACITY FEES)
FY 23/24 EXPENDITURES:
CIP #
Total Project
Budget
% Funded by
Sewer Fees
Amount Funded
by Sewer Fees
23/24 Sewer
Fee
Expenditures
Sewer Fees
Expended to-date
Initially
Scheduled Start
Date Status
SWR0274 1,493,966 100.0% 1,493,966 1,307 7,324 2013 Ongoing - Study SWR0275 7,907,445 100.0% 7,907,445 1,680,047 2,714,223 2013 Construction award 10/2024 SWR0290 949,839 100.0% 949,839 - 27,078 2014 Ongoing - Study SWR0291 1,899,224 5.2% 99,224 17,719 94,423 2015 In design SWR0309 G Street Pump Station Upgrade 7,975,498 65.5% 5,225,498 506,331 506,332 2019 In construction SWR0321 14,793,055 85.8% 12,698,055 2,211,274 5,442,274 2019 In construction TOTAL: 4,416,677$
FY 23/24 INTERFUND LOAN INFORMATION:
Outstanding
Description of Loan: Loan Amount
$19,284,732
$0
$0
$0
Note: As of June 30, 2024, the loan balances associated with the December 6, 2022 advances are zero, as there have been no drawdowns on these loans to date.
Advance to Developer Contribution- Economic Development authorized up to $11,000,000 Approved via Council Resolution No. 2022-275 on December 6, 2022 Advance to Developer Contribution- Public Benefit Fund authorized up to $22,132,958 Approved via Council Resolution No. 2022-275 on December 6, 2022 Advance to PFDIF (Library) authorized up to $8,880,443
Approved via Council Resolution No. 2022-275 on December 6, 2022 affirmed and consolidate via Council Resolution No. 2015-029 on February 17,2015 Project Name
East H St Sewer Main Upsize
Reline Force Mn @G St Pump Stn
TlgrphCyn BsnSwr Imprv5th&I-5
J St Junction Box Swr Study
RIDA Bayfront Sewer Improvements
Advance to Salt Creek Sewer DIF
SCHEDULE 3.1
TRUNK SEWER CAPITAL RESERVE
(SEWER CAPACITY FEES)
FY 23/24 REVENUES AND EXPENDITURES