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HomeMy WebLinkAbout8-2 Attch 2,2011-12 Facilities Fees RecapATTACHMENT 2 FACILITIES FEES ANNUAL STATUS REPORT 01/13/11 Prepared 1/24/12 ELECTRIC FACILITIES FEES: 1.0.136.90 Beginning Balance Facilities fees collected during year Interest earnings during period Project expenditures during period (See Attached List of Projects) Ending Balance WATER FACILITIES FEES: 2.0.136.25 Beginning Balance Facilities fees collected during period Facilities fee from 2006 COP Reimbursement from electric -Wire to Water Interest earnings during period Project expenditures during period (See Attached List of Projects) Loan Payments: Debt Payments - facilities fees share Ending Balance Summary 5 Years 2007 2008 2009 2010 2011 Ended12/31/2011 $1,657,525.63 $2,036,680.93 $1,798,480.33 392,858.00 130,082.00 72,884.00 91,315.90 80,284.53 33,428.99 (105,018.60) (448,567.13) (960,042.30) $944,751.02 $510,148.77 $1,657,525.63 86,893.00 165,536.75 848,253.75 6,828.85 2,846.86 214,705.13 (528,324.10) (82,128.00) (2,124,080.13) $2,036,680.93 $1,798,480.33 $944,751.02 $510,148.77 $596,404.38 2007 2008 2009 2010 2011 $4,079,539.79 $4,541,770.11 $2,652,408.66 $1,469,964.49 $879,220.49 959,870.43 294,353.40 155,519.36 166,025.70 163,973.16 0.00 0.00 0.00 0.00 0.00 1,127,490.70 87,500.00 0.00 0.00 0.00 204,886.68 193,706.24 56,317.76 10,451.49 4,527.79 (1,413,431.75) (2,109,792.22) (1,037,687.95) (411,414.28) (146,353.32) $596,404.38 Total amount available -See NOTE 848,253.75 Less: Amount collected over last 5 years ($251,849.37) Amount greater than 5 years old -NONE Summary 5 Years Ended 12/31/2011 $4,079,539.79 1,739,742.05 0.00 1,214,990.70 469,889.96 (5,118,679.52) (416,585.74) (355,128.87) (356,593.34) (355,806.91) (506,519.00) (1,990,633.86) $4,541,770.11 $2,652,408.66 $1,469,964.49 $879,220.49 $394,849.12 $394,849.12 Total amount available -See NOTE 1,739,742.05 Less: Amount collected over last 5 years ($1,344,892.93) 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. The spreadsheet shows that the District does not have any electric or water facilities fees on hand that are greater than 5 years old.