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Home My WebLink About7 Facilities Fee Fund Agenda Item # TRUCKEE DONNER �s PublicDistrict s' Memorandum To: Board of Directors From: Mary Chapman, Administrative Services Manager Date: August 9, 2007 SUBJECT: Facilities fees fund update 1. WHY THIS ITEM IS BEFORE THE BOARD Ed is asking the Board to authorize the construction of a new well which would be funded from facilities fees. Several months have past since the last update on the status of the facilities fees accounts. Also, during the budget process several projects were listed that would be funded from facilities fees. This agenda items in designed to update the Board on the status of facilities fees. No action is required. Attached are the following reports: • The current status of the electric and water facilities fees funds through 7/2007. • The current status of the water facilities fees projects for the balance of 2007 through 2011. RECOMMENDATION: No action is required at this time. FACILITIES FEES ANNUAL STATUS REPORT 7/31/07 Prepared 819/07 ELECTRIC FACILITIES FEES: 1.0.136.90 2007 Beginning Balance $1,657,525.63 Facilities fees collected during year 252,199.50 Interest earnings during period 65,324.50 Project expenditures during period 0.00 (See Attached List of Projects) Temporary loan - subsequent repayment 0.00 Ending Balance $1,975,049.63 WATER FACILITIES FEES: 2.0.136.25 2007 Beginning Balance $4,079,539.79 Facilities fees collected during period 531,849.88 Facilities Fee from 2006 COP 0.00 Interest earnings during period 146,037.27 Project expenditures during period (815,978.43) (See Attached List of Projects) Loan Payments: Various Qualifying Projects 2006 COPs (268,089.30) 6170 Water Tank (750,789.90) Temporary loans -subsequently repaid 0.00 Ending Balance $2,922,569.31 FACILITEIES FEES-PROJECTED CASH FLOW 2007-2016 2013 2014 2015 2016 Beginning Balance/Balance Forward 1,260,155.76 1,471,913.30 (Beg Bal includes$763,879.74 2006 COP funds) 1,703,292•97 2,106,425.04 Plus: Collections 1,107,000.00 1,107,000.00 Interest Earnings 63,007.79 1,107,000.00 1,107,000.00 Transfer in from Electric Public Benefits for installation of energy efficier 0.00 73,595.67 85,164.65 0.00 105,321.25 Total Income $1,170,007 79 0.00 0.00 $1,180,595.67 $1,192,164.65 $1,212,321.2„ Less: Debt Payback to LSTF for Glenshire($597,271.12+$96,950.05 int) Tank Loan Payments Going Forward(2007 through 2017) (150,157.98) 2006 COP Loan Payments(2007 through 2036) ) (t59,075.02) (158.874.6g) (150 157 (358,092.26) (359,075.02) (358,874.60) FF Projects Reimbursed This Year Old Greenwood Well-Still$47,935.23 to transfer 2006 COP Project Funds-Funds for FF Projects were trsfrd to FF Brockway Water Line-Balance not spent$183,879.74 Generators SCADA System Budget Projects from Capital Budget: Fin Mstr Plan&Cap Budget Capital Projects&Upgrades Fiber Board Well Sierra Meadows Pump Station Alder Drive Pump Station(Prosser Heights) Martis Valley Well#2 Stockholm Booster Station Innsbruck Pump Station 3rd Tahoe Donner Pipeline (2$0,000.00) (439,983.00) Pump Station to TD from Quarry Site Donner Crest-Northwoods 16"Pipeline (450,000.00) District Pipeline Replacement Future projects from Water Master Plan included in Financial Master P Total Expenditures (958.250.24) (949,216.00) (571,2621- Running Balance 7$9,032.58' (1( ) ,078,013. _5 , $1,471,913.30 $1,703,292.97 $2,106,425.04 $2,240,732.77 H A OSO' 5[:6' 18 LOMUL ;)Ducleq ] u;)iin;) 0 sa.inlrpu;)cls> »�) (Oid tzCSq CIJA s�uiu.ie;) lsaiilvl ooz'zSz P;)J:);)110:) s»3 sm1ll1Jerl 9ZS'L59' 18 LOI I I I ;e »cislLq S (INflj Saud SHIS,I'IIDV3 :)IHJL:)HI21 aDuujeq jualanD C80�Z9 ) sj:)afoTd d0D 900Z-juaLu,�'vd ueoZ (6LW5 18) Q.I,A samjTpuadxa J:)afoad L�0`9tI s-'(Iutuaea jsazaJul OS8` � �S paJ:)aijo:) saaj satjqpL OtS`6L0`t8 LO/ 1 / 1 Jv, a:)uvivg SGNfIJ SHHJ SrZ[I,I,IZIDV3 UHIVAX [� G1 c� O Lr) L OQ O u—"N tic CIA h+� U (;)jnjTpu;)dx;) pj;)-�Ipnq ciluouc lsocix ry x Z) 8££cqZSc�8 punj Urle.wdo — jEO:i ;)Aj;)s;)J LisEr,,-) (660cSLt S) »uElsq pjsn(pV LS8 �Z8 siipa.[D jadol;):r;)p ion ;).Lia,;)Z[ : ss;)rl Lo / I L jE ;,JLIL'lL'q SaNfli qvHjNjq uajVAX LL'Z£L`Ot,Z`Z$ v0'9Zb`90 L`Z$ L6'Z6Z`£OL`L$ OE'£L6`LLb`L$ 9L'S9l`09Z`L$ £Z'989`OLL`L$ £9'tt£`ti99`L$ 9L'09Z`096 (Z9'£LO`BLO`0 (897£a'68L) (00'92`6b6) (bZ'09Z'896) (tTL'£9a`90L`L) (£9'9L£'896) (9L'096`L89) (t7L'£0Z'09L 00'Z9Z'LL9 (00'00060OZ (00'000`090 (00`000`003`L) (00'898`L9tr) (00'960`9L) (Oa'£8666£O (00'000`010 (OO"£LZ`£9( (t79'£69`99£) (091,L8`89£) (ZO'9LO`69£) (9Z'Z60689£) (9L'906`99£) (99'09£499£) (LL'969'99£) (9L'ZLL'99 (8619L'090 (86"L9L`090 (8619l6090 (8619L`091) (8619VOW (86'L9L`O9l) (86'L9L'091) (86'L9L`O9 5Z'lZE Z LZ L$ 59'b9 L Z6 L L$ L9'965 OS L L$ 6L'L00 OL L L$ 9Z'b£5 56 L L$ EZ'L It b8 V L$ b0'b LO 95 V L$ ES'LZ6 E, 00'0 00'0 00'0 00'0 00'0 00'0 00'0 00'0 9Z'LZ£'got 59't�9L'S8 L9'969`£L 6L'L00`£9 9Z'b£S'88 £Z'LLL`LL Vol,W`6b £8'LZ£`81 00'000`LOL`L 00'000`LOL`L 00'000'LOL'L 00'000`LOL`l 00'000'LOL'L 00'000`LOL`L 00'000`LOL`L 00'009'9! b0'SZb`90 L`Z L6'Z6Z`SOL`L OE'E L6`LLb`L 9/-'SS L`09Z`L EZ'989`01-L`L £9'bb£`bSS`L 9L'08Z`086 59'95 9LOZ 9LOZ bLOZ ELOZ ZLOZ LLOZ OLOZ 61 FACILITEIES FEES-PROJECTED CASH FLOW 2007-2016 YTD thru 7/31/07 2007 2008 2C Beginning Balance/Balance Forward $4,079,539.79 3,673,359.21 2,452,680.65 1,766, (Beg Bal includes$763,879.74 2006 COP funds) Plus: 531,849.88 154,980.00 664,200.00 8 Collections 146,037.27 53,567.00 122,634.03 Interest Earnings 00 9T1 71479 0.00 0. . Transfer in from Electric Public Benefits for installation of energy efficient pumps $677,887 00 $1,120,261.79 $786,834.03 $! Total Income Less: Debt 694,221.17) Payback to LSTF for Glenshire($597,271.12+$96,950.05 int) (694,221.17) (150,157,98) (150,157.98) Tank Loan Payments Going Forward(2007 through 2017) (268,089 30) (89,36114)14) (354,800.05) 2006 COP Loan Payments(2007 through 2036) FF Projects Reimbursed This Year (47,935.23) Old Greenwood Well-Still$47,935.23 to transfer {114;503.00) 2006 COP Project Funds-Funds for FF Projects were trsfrd to FF Brockway Water Line-Balance not spent$183,879.74 (7,254.26) (180,000.00) Generators (400,000,00) SCADA System Budget Projects from Capital Budget: Fin Mstr Plan&Cap Budget (43,573.00) Capital Projects&Upgrades (821,427,00) Fiber Board Well (280,367 00) Sierra Meadows Pump Station (280,367.00) Alder Drive Pump Station(Prosser Heights) Martis Valley Well#2 Stockholm Booster Station Innsbruck Pump Station 3rd Tahoe Donner Pipeline Pump Station to TD from Quarry Site (4001000,00) Donner Crest-Northwoods 16" Pipeline (447,750 00) (168,000,00) District Pipeline Replacement Future projects from Water Master Plan included in Financial Master Plan (1;084,067.73) {2,340,940.35} (1;472;958.03) Total Expenditures (' Running Balance $3,673,359.21 $2,452,680.65 $1,766,556.65