Estero Municipal Improvement District Attachment 4 - Wastewater Enterprise 15-Year CIP Costs Long-Range CIP Planning
15-Year Forecasts and Funding Options
FY 2025-2026 through FY 2039-2040
Wastewater Enterprise Fund
Funding Strategy
15-Year Cash Flow Model
Cash Flow Requirements - 15-Year Forecast (FYE 6/30)
Asset Category
Total Cash
Flow
Requirements 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 WWTP Master Plan Improvements 11,317,319 9,959,516 1,357,803 - - - - - - - - - - - - - Emergency Generator Replacements 2,000,000 2,000,000 - - - - - - - - - - - - - - Shell Bridge Sanitary Sewer Force
Main Rehabilitation 500,000 500,000 - - - - - - - - - - - - - - Sanitary Sewer Life Station
Improvements Phase 6 8,900,000 7,900,000 1,000,000 - - - - - - - - - - - - - Replacements 2,500,000 - 500,000 2,000,000 - - - - - - - - - - - - Overflow, Redundancy, Bypassing
and Backup Power Study 1,100,000 - - 100,000 1,000,000 - - - - - - - - - - - Wasterwater Master Plan 600,000 - - - 600,000 - - - - - - - - - - - Sanitary Sewer Life Station
Improvements Phase 7 6,200,000 - - - 3,200,000 3,000,000 - - - - - - - - - - Sanitary Sewer System Improvements 1,000,000 - - - - - 1,000,000 - - - - - - - - - Wastewater Collection Systems
Iimprovements 6,090,000 - - - - - 1,690,000 - - 2,200,000 - - - 2,200,000 - - y Improvements Phase 8 5,700,000 - - - - - - 5,700,000 - - - - - - - - Sanitary Sewer Lift Station
Improvements Phase 9 6,200,000 - - - - - - - - - - 6,200,000 - - - - Lift Station Electrical Control Upgrade 4,000,000 - - - - - - - - - - - - 4,000,000 - - Corp Yard Fencing 500,000 - - 500,000 - - - - - - - - - - - - Totals 56,607,319 20,359,516 2,857,803 2,600,000 4,800,000 3,000,000 2,690,000 5,700,000 - 2,200,000 - 6,200,000 - 6,200,000 - - Average 15 Year Funding 3,773,821
say 3,774,000
Waste Water Treatment Plant
project encumbrances 1
- - - - NOTE:
This strategy identifies the average annual cash flow requirements for funding asset replacement over a 15-year forecast. (1) The District and the City of San Mateo are undertaking the rehabilitation of its jointly owned wastewater treatment plant (WWTP) located in San Mateo. Under the terms of the Joint Powers Agreement, EMID is responsible for 24.12% and the City of San Mateo is responsible for 75.88% of the WWTP costs. The estimated District apportionment of total project cost is $163.3 million through FY 2025-26. The project's debt financings have included Revenue Bonds, Revenue Notes/WIFIA loan, and a State Resolving Loan. (2) The District has capacity in its Operating Fund's working capital to pay a portion of the joint WWTP costs. (3) The District also has capacity in its Operating Fund's working capital to pay for it's sole costs consisting of consultants (EKI, Hydroscience, etc.) and legal counsel.