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Scope of Work
Review financial performance
Recommend rate adjustments
Prepare grant or loan applications
Historical Cash FlowsFY 07 FY 08 FY 09 FY 10 FY 11
Revenue $546,212 $656,663 $667,924 $614,628 $716,070
Operating Expenses $668,750 $778,713 $954,946 $780,669 $725,857
Net $(112,538) $(112,050) $(287,022) $(166,041) $(9,787)
Non-operating Expenses $212,075 $166,420 $662,636 $134,215 $134.215
Total Net Revenue $(334,613) $(288,470) $(949,658) ($300,256) $(144,002)
Capital Improvements Program
Project CIP Years 1-5
Water Supply Exploratory Well $300,000
Water Treatment Improvements $1,800,000
Water Plant Maintenance Improvements $350,000
Booster Station Maintenance Improvements $150,000
Consumptive Use Permitting $100,000
Lee Cypress Water System Interconnect $250,000
Wastewater Treatment Plant Improvements $5,700,000
Wastewater Plant Maintenance Improvements $500,000
Collection and Transmission Maintenance Imp. $250,000
Total 5 Year CIP $9,400,000
Recommendations
Set up the utility system an enterprise fund
Rate increases are required to meet the operating expenses and CIP. 40% in FY 2012 25% in FY 2013 38% in FY 2014
Continue to pursue grants
Customer Bill ComparisonSingle family home 5/8”x3/4” meter w/ monthly usage of 3,000 gals
Utility Water Sewer Combined
Everglades City Current $13.00 $11.00 $24.00
Everglades City FY 2012 $18.20 $15.40 $33.60
Everglades City FY 2013 $22.75 $19.25 $42.00
Everglades City FY 2014 $31.62 $26.76 $58.38
Collier County $24.89 $38.31 $63.20
Lee County $19.12 $30.39 $49.51
Hendry County $28.75 $21.01 $49.76
City of Labelle $19.20 $23.71 $42.91
City of Clewiston $17.73 $16.13 $33.86
Survey Average $21.94 $25.91 $47.85
Grant Applications
FDEP construction grant application submitted Added to planning list for pre-construction
funding Hearing to finalize funding list is July 27th Contingent on receipt of federal funds in
August
USDA pre-application meeting held
Questions?
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