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HomeMy WebLinkAbout21 Attachment 4 BPRa4 Facilities Fees FACILITIES FEES ANNUAL STATUS REPORT ATTACHMENT 4 FYE 1213112022 ELECTRIC FACILITIES FEES: 1.0.136.90 Summary 5 Years 2018 2019 2020 2021 2022 Ended 12/31/2022 Beginning Balance $ 301,093 $ 581,670 $ 918,914 $ 748,126 $ 9,126 $ 301,093 Facilities fees collected during year 271,042 316,907 252,839 261,440 173,490 1,275,717 Interest earnings during period 9,535 20,337 12,041 3,386 2,468 47,766 Project expenditures during period - - (435,667) (1,003,825) - (1,439,492) Ending Balance $ 581,670 $ 918,914 $ 748,126 $ 9,126 $ 185,084 $ 185,084 Total amount available-See NOTE $ 1,323,483 Less:Amount collected over last 5 years $ (1,138,399)Amount greater than 5 years old-NONE WATER FACILITIES FEES: 2.0.136.25&2.0.136.90 Summary 5 Years 2018 2019 2020 2021 2022 Ended 12/31/2022 Beginning Balance $ 370,773 $ 834,810 $ 1,430,706 $ 1,839,196 $ 2,273,803 $ 370,773 Facilities fees collected during period 806,031 921,392 746,294 784,087 909,475 4,167,279 Interest earnings during period 14,290 29,828 19,813 6,699 23,464 94,094 Debt Payments-facilities fees share (356,284) (355,324) (357,617) (356,179) (358,008) (1,783,412) 2006 COPs Debt Service-FF portion Project expenditures during period - - - - (216,948) (216,948) Red Mtn Tank(FF cash outlfow) Ending Balance $ 834,810 $ 1,430,706 $ 1,839,196 $ 2,273,803 $ 2,631,787 $ 2,631,787 Total amount available-See NOTE $ 4,261,373 Less:Amount collected over last 5 years $ (1,629,586) 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. 3/26/2023 Facilities Fees Recap YE 12.31.22 Recap