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101308 CC WS AgPCITY OF SHOREWOOD CITY COUNCIL WORK SESSION MONDAY, OCTOBER 13, 2008 AGENDA 1. CONVENE CITY COUNCIL WORK SESSION A. Roll Call 5735 COUNTRY CLUB ROAD SOUTHSHORE CENTER 6:00 P.M. Mayor Lizee Woodruff Turgeon Bailey Wellens B. Review Agenda 2. ENTERPRISE BUDGET DISCUSSION (Att. -Finance Director's memorandum) 3. ADJOURN CITY OF SHOREWOOD 5755 COUNTRY CLUB ROAD •SHOREWOOD, MINNESOTA 55331-8927 • (952) 474-3236 FAX (952) 474-0128 • www.ci.shorewood.mn.us • cityhall@ci.shorewood.mn.us MEMORANDUM DATE: October 9, 2008 TO: Honorable Mayor and City Councilmembers ~ a FROM: Bonnie Burton, Finance Director/Treasurer ~ J Brian Heck, City Administrator ~' RE: Enterprise Fund Budget Workshop: `~` Work-session -Monday, October 13, 2008 Attached for your review are Year 2009 budget drafts for the City's Enterprise Funds. These documents will be reviewed and discussed at the first Enterprise Budget work-session scheduled for Monday night. The documents consist of budgets for the Water Operations and Water Debt Service; Sanitary Sewer Fund; Stormwater Management and Recycling Funds. Water Budget The Water Fund budget is comprised of two parts: the Water Debt Service budget and the Water Operating budget. The 2009 Water Debt Service budget includes principal and interest debt service payments for the existing bond issues. The debt service payments are programmed at approximately $382,000 and are paid by a transfer from the Water Operating budget. The 2009 Water Operating budget revenues are projected at $727,000 while expenses including depreciation are forecast at about $987,000. This amount includes capital expenditures of $149,000 for the next (and final) phase of the Water Meter Radio Read project and the Boulder Bridge Well #2 inspection project. In order for the Water funds to be self-supporting, to assure the system can provide for improvements, and to preserve fund balance at stable levels, water rates are periodically reviewed and increased when necessary. The current water rates are: $35 for up to 10,000 gallons; $2.95/1000 gallons for 10,000- 50,000 gallons usage; and $3.75/1000 gallons for 50,000+ gallons usage. There are currently about 1,428 water connections that use an average of 30,000 gallons per quarter. is ~. M~' PRINTED ON RECYCLED PAPER 2009 Enterprise Budget Memo Page 2 The City Council last year discussed possible changes to the rate structure that reduced the minimum usage charge from 10,000 gallons to 5,000 gallons minimum. The contemplated changes would adjust minimum rates, thereby benefiting seniors and other low-gallon users. Sanitary Sewer Budget The City currently has about 2,800 connections to its Sanitary Sewer System. Proposed operating expenditures for year 2009 are programmed at approximately $1.2 million. This amount includes capital improvements of approximately $237,000. In order to provide for a balanced budget, the Council should discuss if a sanitary sewer rate increase is appropriate or if funds should be transferred from the sewer reserves to accommodate the shortfall. The sewer rate is currently $70 per quarter and has not been changed in 6 years. An increase of $3 per quarter per household would provide an additional $33,600 and $5 per quarter would provide approximately an additional $56,000. Information about the sanitary sewer flow in millions of gallons is provided to the City annually by Metropolitan Council Environmental Services (MCES) for the period July I prior year to June 30 current year. MCES determines the 2009 cost by calculating each city's share using a formula based on the last actual known flows from the period July 1, 2007 -June 30, 2008. The MCES wastewater charge, which is the amount the City must pay for wastewater processing will be $576,200 for Budget 2009. The monthly processing charge does not include I & I surcharges, which MCES could impose. The City expects to again be exempted in 2009 from the Inflow & Infiltration surcharge program that the MCES implemented in 2007. However, to continue to be exempted from this program, the City will have to be proactive regarding I & I mitigation and funds have been designated for this purpose. Stormwater Management Budget The Stormwater Management budget contemplates revenues of about $228,000 and expenditures of approximately $643,000 for 2009, which include proposed capital expenditures of $555,000. The capital outlay contemplated is for the Lake Mary outlet ($457,000) and Harding Lane Drainage ($97,000). If these projects proceed as planned, there will be a net deficit in the Stormwater Fund. Discussion is needed to determine how the council would like to proceed regarding funding of Stormwater Management projects, including a possible rate increase from the current residential rate of approximately $15 per quarter. Recycling Budget There are about 1,100 households monthly recycling an average of 90 tons per month. The 2009 Recycling budget expenditures are approximately $94,000, The City again anticipates receiving $21,000 from Hennepin County Grant Funds. In addition the revenue item `Charges for Services' is programmed at $61,000 in recycling fees annually. Expenditures include the City's recycling obligation based on the Veolia contract and $10,000 for City clean-up. Every effort is made to recover costs through collection site fees however the City may have to subsidize a portion of this program. In order to do so, a slight rate increase may be necessary and Council may wish to consider a change from $1.75 per household to $2.75 per month per household. This $1.00 per month rate increase will generate an additional $33,000 annually and should be adequate to offset the increased costs for recycling and clean-up activity. Conclusion We invite your response and comments on the revised Enterprise Budgets. Please advise if you would like additional information or if we can be of further assistance prior to the work-session discussions. CITY OF SI-30IZEW®OD® MINNESOTA DRAFT 2009 WATER DEBT SERVICE BUDGET October 2008 FUND: Water SUBFUND: Water Debt Service FUND NO: 601 DESCRIPTION OF ACTIVITY: MISSION: To pt•ovide for the retirement of debt incurred to construct water system improvements. Responsible for the accumulation of resources for the retirement of Water Fund debt, and for the periodic payment of principal and interest. OBTECTIVES: To assure adequate resources to retire debt as scheduled, or more quickly if prudent. HIGHLIGHTS/COMMENTS: Revenues: Special Assessments on Water Improvements Connection Charges Interest Income Transfers from Water Operating Fund Expenses: Staffing: Supplies/Materials: Support Services: Charges & Fees: Capital Outlay: Other: Debt service payments -Principal and interest Fiscal Agent Fees 2 FUND: X601 BUDGET ITEM FUND: Water -Debt Service Actual Actual 2006 2007 Budget 2008 YTD Aug 2008 DEPT '~ 49400 Proposed Adopted 2009 2009 REVENUE Sp Assess/Connect Chgs b63,633 96,710 105,000 82,066 90,000 0 Misc. Revemie 61,926 91,387 40,000 37,179 40,000 0 Transfers 0 0 260,000 0 350,000 0 TOTAL REVENUE 725,559 188,096 405,000 119,245 480,000 0 EXPENSES Staffing 0 0 0 0 0 0 Supplies/Materials 0 0 0 0 0 0 Support Services 0 0 0 0 0 0 Charges & Fees 0 0 0 0 0 0 Other -Debt Service 373,955 427,050 388,000 319,874 381,500 0 Capital Outlay 0 0 0 0 0 0 Transfers 0 0 0 0 0 0 TOTAL EXPENSES 373,955 427,050 388,000 319,874 381,500 0 SERVICE INDICATORS Outstanding Debt, Year End 3,920,000 3,665,000 3,410,000 3,665,000 3,415,000 3,415,000 CASH FLOW IMPACT: Beginning Cash Balance 687,641 1,039,245 800,291 1,039,245 838,616 838,616 Revenues 725,559 188,096 405,000 119,245 480,000 0 Expenditures (373,955) (427,050) (388,000) (319,874) (381,500) 0 Ending Cash Balance 1,039,245 800,291 817,291 838,616 937,116 838,616 STAFFING 3 CIT'E' ®F S®IZEVV®®I~® :IVIINNES®rTA I~R1,F~' 2009 ~T1~T'EI~ ~PEIZI~TIN~ PLTI~GE'I' October 2008 FUND: Water SUBFUND: Water Operations MISSION: To provide a safe, clean, uninterrupted supply of drinking water to all City residents corulected to the City water system. FUND NO: 601 DESCRIPTION OP ACTIVITY: Responsible for operation and maintenance of seven (7) well systems, including all pumps and well houses, maintenance of water tower and treahnent plant, and extension of new watermain and construction of new water facilities, as necessary. OBTECTIVES: - Supply a safe, clean uninterrupted source of water to all connections - Explore possibility of intercoruiecting with other communities HIGHLIGHTS/COMMENTS: Revenues: Estimated water sales based on quarterly billing at a tiered rate of $2.95 - $3.75/1,000 gallons Corulection and permit revenues Miscellaneous Income includes interest income and Cellular Antenna Space Rentals Expenses Staffing: .15 Dir of Public Wks .25 Engineering Technician .15 Utility Lead Person .75 Utility Operator .06 Senior Accounting Clerk .05 Receptionist/Secretary Supplies/Nlateri als: Office Supplies, including billing Eonns and postage Maintenance contracts for computer hardware and software Maintenance of gate valves Small tools and chemicals for water treatment Support Services & Charges: Engineering Water Operations Licenses & Training Insurance on water system Water testing & Water Quality Reporting Capital Outlay: Radio Read Meter project-($125,000 - 2009) Boulder Bridge Well 2 -Pull & Inspect ($24,000 - 2009) Other: Water Purchased from other communities Meter purchases Well utility charges Transfers to Water Debt Service Fund Depreciation (Non-cash expense accounts for future system replacement) 6 FUND: #601 FUND: Water Operations DEPT x 49400 BUDGET Actual Actual Budget YTD Aug Proposed Adopted $$ ITEM 2006 2007 2005 2005 2009 2009 Change Change REVENUE Charges for Service 555,112 666,597 553,500 227,506 5S2,000 0 i, `.:'~ii~; -0.26`% Bond Proceeds 1,402,5S5 396 0 0 0 0 0 #DIV/0! Misc. Revenue 163,215 193,OOS 130,000 79,030 145,000 0 15,000 11.54% TOTAL REVENUE x,150,915 560,301 713,500 306,537 727,000 0 13,500 1.S9% EXPENSES Staffing 75,163 56,677 109,659 54,759 114,996 0 5,337 4.S7`% Supplies/Materials 53,323 52,757 76,625 55,325 71,350 0 t:~.?%`~? -6.SS Support Services & Charges 94,756 123,233 96,425 74,120 100,100 0 3,675 3.51% Capital Outlay 0 0 356,000 15,257 149,000 0 i_' ~,-,ilii~ -61.40% Transfers 0 310,000 260,000 0 350,000 0 90,000 34.62% Depreciation 184,105 201,790 155,000 135,472 202,000 0 17,000 919% TOTAL EXPENSES 407,345 774,456 1,113,709 337,966 987,446 0 s7._;t; ~i-3~ -11.34% SERVICE INDICATORS: Miles of Water Line 16 16 16 16 16 No. of Connections 1,252 1,255 1,255 1,255 1,255 No. of Hydrants 272 2S0 2S0 230 230 Annual Gals Wtr Pumped* 175,000,000 185,509,000 iSS,509,000 188,509,000 185,509,000 Avg Daily Consump- gals 479,452 516,463 516,463 516,463 516,463 Water rate/1000 gals 2.95/3.75 2.95/3.75 2.95/3.75 2.95/3.75 2.95/3.75 CASH FLOW IMPACT: 8egituling Cash Balance 2,356,223 2,693,605 2,693,605 2,693,605 2,939,760 Revenues 2,150,915 560,301 713,500 306,537 727,000 Expenditures (407,343) (774,456) (1,113,709) (337,966) (957,446) Depreciation 184,105 201,790 155,000 135,472 202,000 Construction of Infrastructure - Other Cash Flow Impacts (1,590,288) (41,482) 0 0 0 Ending Cash Balance 2,693,608 2,939,760 2,478,399 2,797,650 2,851,314 STAFFING: Dir. of Public Wks - - .15 .15 .15 City Engineer - - - - - Engineer Technician .O8 .25 .25 .25 .25 Utility Lead Person .14 - .15 .15 .15 Utility Operator .77 1.15 .75 .75 .75 Acctg. Clerk .085 .125 .O6 .06 .06 Sec. JRecep. .100 .10 .05 .05 .05 * Source: Annual DNR reports 7 City of ~horewood,lVlinnesota C~tpitctl hrapr~oz~~t~len~ Progt'c1t~31. 200 thru 2012 Department Project# Priority 2008 2009 2010 2011 2012 Total Municipal tiVater System Amesbury Well Controls Replacement W-07-03 nla 55,000 55,000 Water Meter Radio Read Project W-07-05 n/a 75,000 125,000 200,000 SE Area Water Tower -painting W-08-01 nta 275,000 275,000 Amesbury Lineshaft Well -Pull & Inspect W-08-02 n!a 23,000 23,000 Woodhaven Well Bldg Demolition W-08-03 nla 18,000 18,000 Boulder Bridge Well #2 -Pull 8 Inspect Nl-09-Oi n!a 24,000 24,000 Municipal ~Tater System'Total 446,000 149,000 595,000 ~IR~~1'~D '~®`~'~1L 446,000 149,000 595,000 7'hrrrcdrn', J'eptiwrDi~r l 1. 'I1li~S 8 CITY ®F SI-I®IZEW~I~, IVIINNES®TA DRAFT 2009 SAl®TITARY SEWER BUDGET October 2008 FUND: Sanitary Sewer SUBFUND: Sanitary Sewer MISSION: To provide a safe, sanitary sewer service to all City residents DEPT NO: 611 DESCRIPTION OF ACTIVITY: Major activities include maintenance of fourteen (14) lift stations, and cleaning, televising and repairing sewer mains to control inflow and infiltration. Sewage treatment is performed by Metropolitan Council Environmental Services (MCES) and is provided for in this area. OBTECTIVES: - Work with MCES to monitor inflow and infiltration into the sanitary sewer system - Refurbish two lift stations per year HIGHLIGHTS/COMMENTS: Revenues: Quarterly Sewer service charges at $70.00 per quarter Interest revenue from investment of Sewer Fund cash balances Repayment of Interfund Loans Expenses Staffing: .15 Dir of Public Wks .25 Engineering Technician .10 Utility Lead Person .53 Utility Operator .10 Senior Accounting Clerk .05 Receptionist/Secretary Supplies/Materials: Office Supplies, including billing forms and postage Maintenance contracts For computer hardware and software Support Services: Sewer Main Cleaning Inflow & Infiltration Control Insurance on sewer system Legal & engineering services Utilities Travel & seminars Charges & Fees: Charges Eor seavage flow into City of Excelsior trunk mains Metropolitan Council Environmental Services sewage treatment charges -per MCES Capital Outlay: Reftrbish Lift Stations 15 (construction stage) & L.S. 17 (design stage) - 2009 Inflow & Infiltration Reduction Transfers In (2009): Residential Property purchase debt service payment (Genl Fnd): $60,000 Depreciation (Non-cash expense accounts for future system replacement) 10 FUND: ~ 611 BUDGET ITEM FUND: Sanitary Sewer Actual Actual 2006 2007 Budget 200S YTD Aug 2005 Proposed 2009 Adopted 2009 DEPT # 49450 $$ % Change Change REVENUE Charges Eor Service 991,659 1,046,199 950,500 482,326 937,550 0 E _.-~:St:i ~ -1.36% Transfers 0 112,500 60,000 0 60,000 0 0 0.00`%~ TOTAL REVENUES 991,659 1,158,699 1,010,500 482,326 997,550 0 (i ';`~:~Ci~ -1.28"/° EXPENSES Staffing 46,260 85,257 90,236 57,841 94,638 0 4,402 4.88% Supplies/Materials 17,864 11,559 14,100 6,052 30,600 0 16,500 117.02% Support Services & Charges 517,448 645,152 639,282 382,074 641,216 0 1,934 0.30% Capital Outlay 0 0 299,000 46,104 237,000 0 (~'...!'U) -20.74"/° Transfers 0 0 0 0 0 0 0 ~YDIV/0! Depreciation 204,064 210,138 205,000 124,365 205,000 0 0 0.00`% TOTAL EXPENSES 785,636 952,107 1,247,618 616,435 1,208,454 0 i 3~}. i ~-? i -3.14% SERVICE INDICATORS: Miles of Sewer Line 65 65 65 65 65 65 No. of Connections 2,824 2,824 2,824 2,824 2,830 2,830 No. of Lift Stations 14 14 14 14 14 14 Flow (Mill. Gals.) 7/1 - 6/30 299.52 375.81 322.89 328.4b N/A CASH FLOW IMPACT: Beginning Cash Balance 3,550,499 3,958,626 4,387,059 4,387,059 4,354,941 4,354,941 Revenues 991,659 1,158,699 1,010,500 482,326 997,550 0 Expenditures (785,636) (952,107) (1,247,618) (616,435) (1,208,454) 0 Depreciation 204,064 210,138 205,000 124,365 205,000 0 Other Cash Flow Impacts (1,959) 11,703 - - - - Ending Cash Balance 3,958,626 4,387,059 4,354,941 4,377,315 4,349,037 4,354,941 STAFFING: Dir of Public Wks - - .15 .15 .15 Engineer. Technician .13 .25 .25 .25 .25 Utility Lead .07 .25 .10 .10 .10 Utility Operator .29 .67 .53 .53 .53 Sr. Acctg. Clerk .087 .025 .10 .10 .10 Receptionist/Secretary .12 .05 .05 .05 .05 City of Shorewood, Minnesota CC1~71CC1~ j/121~7'O1'L'711E'7lt Pt'U~3"Cl/]I 2008 thru 2012 ~~~.~~~~'~ ~~ ~~~~R,'~'I9~~EI~t'lt' i~epartment Pro.ject# Priority 2005 2004 2010 2011 2012 Total Sanitary Sewer Lift Station 12 Rehab-5705 Christmas Lake Pt. SS-08-01 nla 110,000 110,000 Lift Station 16 Rehab-4915 Shady Island Rd SS-08-02 nla 104,000 104,000 Portable Lift Station Control Panel SS-08-03 n/a 7,000 7,000 Lift Station 15 Rehab-4360 Enchanted Dr. SS-08-O6 n!a 21,000 179,000 200,000 Lift Station 17 Rehab-5295 Shady Island Rd SS-09-O1 nla 8,000 70,000 78,000 Annual Lift Station Inspect R Rehab SS-1 i-03 n/a 25,000 25,000 25,000 25,000 25,000 125,000 Infiltration and Inflow Reduction SS-1i-05 nia 50,000 50,000 50,000 50,000 50,000 250,000 Sanitary Sewer Total ~I~1~1~ T®T~3. 317,000 262,000 145,000 75,000 75,000 874,000 317,000 262,000 145,000 75,000 75,000 874,000 7hnrs~lgr, Se~u~-ether t 1, 't)r6e 12 CI'T'Y ®~ SI-I®IZE~IT®®I~, 11~IINNES®T'1~ DRAFT 2009 RECYCLING BUDGET October 2008 13 FUND: Recycling MISSION: To provide weekly pickup of recyclables SUBFUND: Recycling to all City residents; provide for the annual City Clean-up activities FUNDNO: 621 DESCRIPTION OF ACTIVITY: Weekly pick-up of newspaper, corrugated cardboard, recyclable plastics, glass and metal, and other recyclable materials. Includes annual City community clean-up at a drop-off site. OBTECTIVES: - Continue weekly pickup of recyclable materials -Hold City community clean-up in the Spring of the year - Provide a Leaf and yard waste disposal site in Fall of the year HIGHLIGHTS/COMMENTS: Revenues: County Aid is a Herulepin County grant Charges for Service includes City Clean-up fees and a City Recycling Fee of $1.75 per month per household Tranfers/other includes transfers, interest income and revenue sharing from the Recycling Contractor Expenses: Staffing: Miscellaneous staffing for City Clean-up and Yardwaste Disposal Supplies/Materials: Office Supplies Support Services: Recycling contract with Veolia Recycling ($2.50/household/month for 2,800 households - 2009) City Clean-up costs (Est. $10,000 - 2009) 14 FUND: #621 FUND: Recycling BUDGET Actual ITEM 2006 Actual 2007 Budget YTD Aug Proposed 2005 2005 2009 Adopted 2009 DEPT # 49550 $$ % Change Change REVENUE County Aid 20,971 20,631 21,000 0 21,000 0 _ . „ -100.00% Charges for Service L3,3S3 6S,92S 74,000 25,392 b1,000 0 i>-f,0i1(1; -100.00% Transfers/other 2,735 4,536 2,450 2,214 2,450 0 ',3>~:?; -100.00`% TOTAL REVENUE & 147,092 94,095 97,450 27,606 54,450 0 +,~~', €=,i;; -103.57% OTHER SOURCES EXPENSES Staffing 0 0 0 1,110 0 0 0 #DIV/0! Supplies/Materials 164 0 500 2S2 500 0 ! ~i+'t -100.00`% Support Services & Charges 124,189 91,157 99,175 65,124 94,175 0 ~,'~~ ', :- -100.00`% CapitalOutiay 0 0 0 0 0 0 0 #DIV/0! Transfers 0 0 0 0 0 0 0 #DIV/0! TOTAL EXPENSES 124,354 91,157 99,675 66,515 94,675 0 -109.34"'/0 SERVICE INDICATORS: Est. Avg. mo. Participant Hshld 1,100 1,100 1,100 1,100 1,100 1,100 Avg. mo. Tonnage* 90 - - - 90 90 CASH FLOW IMPACT: Beginning Cash Balance 61,905 53,554 94,646 94,646 94,646 94,646 Revenues 147,092 94,095 97,450 27,606 84,450 0 Expenditures (124,354) (91,157) (99,675) (66,515) (94,675) 0 Other Cash Flow Impacts (1,090) 5,155 Ending Cash Balance 83,554 94,646 92,421 55,737 54,421 94,646 * Annual Recycling Tonnage Reported: 2001 - 965 tons 2002 - 1,005 tons 2003 - 1,206 tons 2004 - 1,093 tons 2005 - 762 tons 2006 - 597 tons 2007 - 919 tons 2005 - Y"I'D 666 tons 15 16 CITY ®~' S OIZEW®OD, MINI~ESOT1~ DRAFT 2009 ST®RIVIWATER BUDGET October zoos 17 FUND: Stormwater Management SUBFUND: Stormwater Management FUND NO: 631 DESCRIPTION OF ACTIVITY: MISSION: To provide proper surface water and ground water management throughout the City. Activities include maintenance of storm sewer system, including cleaning of catch basins, dredging of drainage ditches and retention ponds, and minor repairs to system problem areas. Provides partial fimding for larger subwatershed drainage projects. OBTECTNES: To build and maintain a stable fund balance in order to be able to fund needed projects and to facilitate council priorities. HIGHLIGHTS/COMMENTS: Revenues: Stormwater Management Utility Charges - The current residential rate is approximately $15 per quarter. Misc. Revenue includes interest income and other misc. revenue Expenses: Staffing: .15 Dir of Pub Wks .05 City Engineer .25 Engineer Technician .05 Senior Accounting Clerk .18 Light Equipment Operator (LEO) Supplies/Materials: Drainage Correction/Maintenance Materials Support Services: Engineering Contractual Services for drainage correction Contractual Services Contractual Services for seasonal pumping expense as needed ($10,000 - 2009) Debt Service: Capital Outlay: $555,000 budgeted in 2009 for Lake Mary and Harding Lane Road Construction 18 FUND: #631 FUND: Stormwater Management Utility DEPT # 49600 BUDGET Achial Actual Budget YTD Aug Proposed Adopted $$ ITEM 2006 2007 2008 2008 2009 2009 Change Change REVENUE Grant Proceeds 0 0 0 4,748 0 0 0 #DIV/0! Special Assessments 0 0 0 0 0 0 0 #DIV/0! Charges for Service 69,177 164,347 218,000 99,027 218,000 0 0 0.00`/~ Misc. Revenue 72,323 14,579 10,000 7,532 10,000 0 0 0.00% Transfers 25,000 41,049 0 0 0 0 0 #DIV/0! TOTAL REVENUE & 166,500 219,975 228,000 111,306 228,000 0 0 0.00'% OTHER SOURCES EXPENSES Staffing 10,193 26,707 47,880 9,616 50,414 0 2,534 5.29°!~ Supplies/Materials 1,871 750 6,700 2,633 8,800 0 2,100 31.34% Support Services 62,566 33,965 79,100 62,514 28,600 0 -',_~;}'' -63.84% Charges & Fees 0 0 0 0 0 0 0 #DIV/0! Other -Debt Service 4,438 2,466 0 0 0 0 0 #DIV/0! Capital Outlay 90,056 0 100,000 0 555,000 0 455,000 455.00% Transfers 0 52,500 0 0 0 0 0 #DIVJO! TOTAL EXPENSES 169,125 116,387 233,680 74,763 642,81.4 0 409,134 175.08% CASH FLOW IMPACT: Beginning Cash Balance 300,316 275,950 322,116 322,116 316,436 Revenues 166,500 219,975 228,000 111,306 228,000 Expenditures (169,125) (116,387) (233,680) (74,763) (642,814) Other Cash Flow Impacts (21,741) (57,422) 0 0 0 Ending Cash Balance 275,950 322,116 316,436 358,660 (S~`?,3:"s STAFFING: Dir of Pub Wks - - - 0.0 .15 City Engineer - - - .045 .05 Engineer Technician .07 - - .21 .25 Lt. Equip. Oper./Foreman .00 .10 .10 .0 .18 Sr. Acctg. Clerk .085 .05 .05 .05 .05 19 City of Shorewood, Minnesota Cupitctl ~irip~~•oi~e~~ale~zt 1P~•ogf-cz~•n Zoos tflfll Zo1.2 PROJECTS BY DEPARTMENT Department Project# Prioritti~ 2008 2009 2010 2011 2012 Total Stormwater Management ~ Harding Lane Drainage STM-09-01 1 97,000 97,000 Lake Mary Outlet STM-09-02 1 457,000 457,000 Meadowview Rd Storm STM-10-01 3 15,000 15,000 Nelsine Dr Drainage STM-10-02 1 16,000 16,000 6180 Murray Drainage STM-10-03 1 36,000 36,000 5925 Grant Drainage STM-10-04 1 49,000 49,000 Stratford PI Drainage STM-11-01 1 30,000 30,000 Star Circle Storm STM-11-03 3 89,000 89,000 RampartCt. Drainage STM-11-04 1 8,000 8,000 Lake South Auto Drainage STM-11-05 1 21,000 21,000 5830 Echo Rtl Drainage STM-11-O6 1 33,000 33,000 6180 Chaska Rd Drainage STM-11-07 1 4,000 4,000 Boulder Bridge Lift Station STM-12-01 nla 243,000 243,000 Valleywood Rd. Drainage STM-19-03 1 45,000 45,000 Stormwater Management Total 554,000 116,000 185,000 288,000 1,143,000 GRAND T®TAL 554,000 116,000 185,000 288,000 1,143,000 7'{ttrretlrn'. Ocfobcv' (PJ, 'OUb~ 20