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HomeMy WebLinkAbout13 Attachment 4 BPRa4 Facilities FeesFACILITIES FEES ANNUAL STATUS REPORT ATTACHMENT 4 FYE 12/31/2021 ELECTRIC FACILITIES FEES: 1.0.136.90 Summary 5 Years 2017 2018 2019 2020 2021 Ended 12/31/2021 Beginning Balance 153,619$301,093$581,670$918,914$748,126$153,619$ Facilities fees collected during year 144,485 271,042 316,907 252,839 261,440 1,246,712 Interest earnings during period 2,988 9,535 20,337 12,041 3,386 48,287 Project expenditures during period ---(435,667)(1,003,825)(1,439,492) Ending Balance 301,093$581,670$918,914$748,126$9,126$9,126$Total amount available-See NOTE 1,294,999$Less: Amount collected over last 5 years (1,285,873)$Amount greater than 5 years old-NONE WATER FACILITIES FEES: 2.0.136.25 & 2.0.136.90 Summary 5 Years 2017 2018 2019 2020 2021 Ended 12/31/2021 Beginning Balance 453,615$370,773$834,810$1,430,706$1,839,196$453,615$ Facilities fees collected during period 415,593 806,031 921,392 746,294 784,087 3,673,397 Interest earnings during period 7,793 14,290 29,828 19,813 6,699 78,423 Debt Payments - facilities fees share (506,228)(356,284)(355,324)(357,617)(356,179)(1,931,632) Ending Balance 370,773$834,810$1,430,706$1,839,196$2,273,803$2,273,803$Total amount available-See NOTE 3,751,820$Less: Amount collected over last 5 years (1,478,017)$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. 2/19/2022 Facilities Fees Recap YE 12.31.21 Recap