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however, have consistently offset the operating losses. This has resulted in a positive operating cash
<br />flow for the fund.
<br />The single largest expense for the sewer fund is the Met Council disposal charges. The three years
<br />have seen increases in the amounts of $37,410 (9.5%), $41,277 (9.6%) and $123,425 (28.6)
<br />respectively. This is a 40% increase in three years. As has been discussed with the Council during
<br />previous budget processes, heavy rains and high water tables increase the flow through the MCES
<br />lift stations and increase our disposal charges.
<br />The total operating expenditure budget is increasing by $213,675 (15.2%) The major increases are
<br />the previously mentioned MCES charges ($123,425), repairs and maintenance for sewer lines
<br />($57,280) and the Administrative Charge ($70,660). The operating transfer is to cover the sewer
<br />improvements that were part of the Casco Point project and will continue for another five years.
<br />Upcoming capital expenditures can be covered by the fund's current cash balances. Projects
<br />identified in the CIP for 2019 include: Annual sewer rehabilitation ($281,377), Sewer televising
<br />($48,690), additional generators ($150,000), lift station updates ($116,000); lift station monitoring
<br />improvements ($26,000), sewer main replacements ($198,000), and a generator rehabilitation
<br />($10,000), for a total of $820,068. The current cash balance for the fund is $2,426,737.
<br />Storm Water - The Stormwater Fund is for the most part project based. Operating expenditures are
<br />mainly limited to engineering associated with NPDES, SWPPP and other state and federal
<br />requirements. Public Works time and materials spent on culvert cleaning/replacement are also
<br />charged to this fund. The purpose of this fund is to collect money for the larger Stormwater projects
<br />that will be required in the future. The attached five-year projection assumes a 10% annual increase.
<br />Potential CIP projects in 2019 include: Watershed Delineation and Pond Assessments ($10,000),
<br />Forest Arms Lane ($69,324), East Long Lake S ($63,515), Tonkaview Lane ($87,531), Chevy Chase
<br />Drive ($146,330), East long Lake Road N ($82,000), Storm Sewer Improvements ($200,000), TMDL
<br />Updates ($50,000), and OCB pipe upsizing (88,500). The capital expenditures total $798,200. The
<br />funds current cash balance is $1,775,011.
<br />Recycling - The recycling fund was newly created in 2013. Its major expenditure line is for
<br />contracted recycling charges. The current contract with Waste Management is increasing 2.5%
<br />increase. The Recycled Materials offset that the City was receiving in 2017 has not been being paid
<br />in 2018. The offset is based on the market for recycled materials which weakened it 2018. The full
<br />time wages that are charged to the fund represent 10% of the City Clerks wages. The current cash
<br />balance is $32,436.
<br />Cable - The Cable fund was new for the 2015 budget. The projected revenues are based on current
<br />subscriber information and rates. The line item for Internet/Other communications covers the costs
<br />associated with streaming and online access of council meetings. It has been increased to pay for
<br />the increased cost of our fiber internet connection. Revenue for the fund is in the from franchise
<br />fees that are set by the City's franchise agreement with Mediacom. Capital Expenditures in 2019
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