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: 4,793$ per equivalent dwelling unit (EDU) FY 2024-25 CASH BALANCE INFORMATION *:
FUND 413
TRUNK SEWER
(TS)
Beginning Cash Balance, 07/01/24 81,019,685
Revenues
Interest Earned 3,289,884
Sewerage Facility Participant Fees 5,998,891
Developer Contributions 2,286,179
Total Revenues 11,574,954
Expenditures
CIP Project Expenditures (16,374,624)
Other Expenditures (59,559)
Total Expenditures (16,434,183)
Net Balance Sheet Activity (10,176,962)
Ending Cash Balance*, 06/30/25 65,983,494$
*Unaudited
ATTACHMENT 3
TRUNK SEWER CAPITAL RESERVE
(SEWER CAPACITY FEES)
FY 2024-25 ACTIVITY
FEE DESCRIPTION:
FY 2024-25 EXPENDITURES:
CIP #
Total Project
Budget
% Funded
by Trunk
Sewer
Fees
Amount Funded by
Trunk Sewer Fees
FY 2024-25
Trunk Sewer Fee
Expenditures
Trunk Sewer Fees
Expended to-date
Initially
Scheduled
Start Date
Current
Projected
Start Date Status
SWR0272 Moss St SwrImprv @Railrd Crsng 83,207$ 100.0% 83,207$ -$ 212$ 2018 Ongoing - Study SWR0274 1,493,966$ 100.0% 1,493,966$ 1,709$ 9,032$ 2013 Ongoing - Study SWR0275 7,907,445$ 100.0% 7,907,445$ 4,637,713$ 7,351,937$ 2013 Construction Completed - Closeout Phase SWR0290 949,839$ 100.0% 949,839$ 568$ 27,646$ 2014 Ongoing - Study SWR0291 1,899,224$ 5.2% 99,224$ 4,731$ 99,155$ 2015 In design SWR0292 Indtrl Blvd &Main St Swr Imprv 311,790$ 73.3% 228,596$ -$ 198,906$ 2014 Construction Completed - Closeout Phase SWR0309 G Street Pump Station Upgrade 7,975,498$ 65.5% 5,225,498$ 4,203,279$ 4,709,610$ 2019 Construction Completed - Closeout Phase SWR0321 15,138,321$ 86.2% 13,043,321$ 7,526,623$ 12,968,897$ 2019 In construction TOTAL: 29,031,096$ 16,374,624$ 25,365,395$
FY 2024-25 INTERFUND LOAN INFORMATION:
Oustanding Interest Expected Funded
Description of Loan: Loan Amount Rate * Repayment Improvements $19,284,732 3.30% 6/30/2046 Salt Creek Sewer DIF Fund capital projects $6,081,375 3.30% 6/30/2030 Millenia Library capital project GGV0262 (Cinematic Arts Academic Center & Library)
$0 - -
Millenia Library capital project GGV0262; no draws to
date.
(Cinematic Arts Academic Center & Library)
$0 - -
Millenia Library capital project GGV0262; no draws to
date.
(Cinematic Arts Academic Center & Library)
* Interest rate varies annually based on the average annual interest earnings of the City’s pool of investments.
SCHEDULE 3.1
TRUNK SEWER CAPITAL RESERVE
(SEWER CAPACITY FEES)
FY24/25 REVENUES AND EXPENDITURES
East H St Sewer Main Upsize
Project Name
Affirmed and consolidated via Council Resolution No. 2015-029 on February 17, 2015 Reline Force Mn @G St Pump Stn
TlgrphCyn BsnSwr Imprv5th&I-5
J St Junction Box Swr Study
RIDA Bayfront Sewer Improvements
Interfund Loan to Salt Creek Sewer DIF
Approved via Council Resolution No. 2022-275 on December 6, 2022 for Millenia Library Interfund Loan to PFDIF (Library) authorized up to $8,880,443 Approved via Council Resolution No. 2022-275 on December 6, 2022 for Millenia Library Interfund Loan to Developer Contribution - Economic Development authorized up to $11,000,000 Approved via Council Resolution No. 2022-275 on December 6, 2022 for Millenia Library Interfund Loan to Developer Contribution - Public Benefit Fund authorized up to $22,132,958