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HomeMy WebLinkAbout16d Attach 4 BPR FYE20 Facilities FeesFACILITIES FEES ANNUAL STATUS REPORT ATTACHMENT 4 FYE 12/31/2020 ELECTRIC FACILITIES FEES: 1.0.136.90 2016 2017 2018 2019 2020 Ended 12/31/2020 Beginning Balance (0)$153,619$301,093$581,670$918,914$(0)$ Facilities fees collected during year 152,971 144,485 271,042 316,907 252,839 1,138,243 Interest earnings during period 649 2,988 9,535 20,337 12,041 45,550 Project expenditures during period ----(435,667)(435,667) Ending Balance 153,619$301,093$581,670$918,914$748,126$748,126$Total amount available-See NOTE 1,183,793$Less: Amount collected over last 5 years (435,667)$Amount greater than 5 years old-NONE WATER FACILITIES FEES: 2.0.136.25 & 2.0.136.90 Summary 5 Years 2016 2017 2018 2019 2020 Ended 12/31/2020 Beginning Balance 514,264$453,615$370,773$834,810$1,430,706$514,264$ Facilities fees collected during period 440,684 415,593 806,031 921,392 746,294 3,329,994 Interest earnings during period 5,419 7,793 14,290 29,828 19,813 77,142 Debt Payments - facilities fees share (506,752)(506,228)(356,284)(355,324)(357,617)(2,082,205) Ending Balance 453,615$370,773$834,810$1,430,706$1,839,196$1,839,196$Total amount available-See NOTE 3,407,137$Less: Amount collected over last 5 years (1,567,941)$Amount greater than 5 years old-NONE NOTE: If "Total amount available" is greater than "Amount collected over the last 5 years", then the District has facilities fees on hand that are greater than 5 years old. If the amount of facilities fees on hand is greater than 5 years old, the District would have to either refund the money to customers or the Board would have to issue a finding that the money greater than 5 years old was being held to pay for a specific project. This report shows that the District does not have any electric or water facility fees on hand that are greater than 5 years old. 3/22/2021 Facilities Fees Recap YE 12.31.20 Recap