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Capital Improvement Plan, City of Orono
<br />Sewer Fund
<br />Improvement Revolving (PIR) Fund
<br />Current Balance:
<br />$2,364,946
<br />$1,428,299
<br />Amount Available for Police Purchases=
<br />$268,823
<br />Table B-9
<br />Table B-7
<br />Project
<br />2020 2021
<br />2022
<br />Project
<br />1 2020
<br />2021
<br />2022
<br />2023
<br />2024
<br />2025
<br />1 2026
<br />1 2027
<br />1 2028
<br />1 2029
<br />Operation and Maintenance (1)
<br />$1,791,200
<br />$1,844,027.04
<br />$1,894,399.43
<br />$1,939,171.03
<br />$1,981,278
<br />$2,023,797
<br />$2,074,392
<br />$2,126,252
<br />$2,179,408
<br />$2,233,893
<br />Debt Service
<br />$110,000
<br />$110,000
<br />$110,000
<br />$0
<br />$0
<br />$0
<br />$0
<br />$0
<br />$0
<br />$0
<br />CIP Expenditures
<br />$784,750
<br />$744,000
<br />$633,250
<br />$520,550
<br />$424,480
<br />$1,061,000
<br />$631,700
<br />$638,534
<br />$645,505
<br />$652,615
<br />Transfer to Equipment Fund for Sewer Equip
<br />$115,000
<br />$31,500
<br />$0
<br />$450,000
<br />$0
<br />$35,000
<br />$0
<br />$0
<br />$0
<br />$0
<br />Total Expenses
<br />$2,800,950
<br />$2,729,527
<br />$2,637,649
<br />$2,909,721
<br />$2,405,758
<br />$3,119,797
<br />$2,706,092
<br />$2,764,786
<br />$2,824,913
<br />$2,886,508
<br />Revenues (1)
<br />$569,936
<br />$797,910
<br />$821,847
<br />$838,284
<br />$855,050
<br />$872,151
<br />$889,594
<br />$907,386
<br />$925,534
<br />$944,044
<br />Revenues (1)
<br />$1,858,429
<br />$2,137,193
<br />$2,179,937
<br />$2,223,536
<br />$2,268,007
<br />$2,313,367
<br />$2,359,634
<br />$2,406,827
<br />$2,454,963
<br />$2,504,063
<br />Add back Depreciation
<br />$353,600
<br />$377,100
<br />$397,107
<br />$410,136
<br />$420,592
<br />$430,805
<br />$441,575
<br />$452,615
<br />$463,930
<br />$475,528
<br />Assessments
<br />$35,349
<br />$30,368
<br />$26,934
<br />$24,902
<br />$17,569
<br />$17,569
<br />$10,939
<br />$2,000
<br />$0
<br />$0
<br />Annual Balance
<br />($553,572)
<br />($184,866)
<br />($33,671)
<br />($251,147)
<br />$300,410
<br />($358,056)
<br />$106,056
<br />$96,655
<br />$93,980
<br />$93,082
<br />Year nd Cash Balance
<br />$1,811,374
<br />$1,626,508
<br />$1,592,837
<br />$1,341,690
<br />$1,642,099
<br />$1,284,043
<br />$1,390,099
<br />$1,486,754
<br />$1,580,734
<br />$1,673,817
<br />Storm Water Fund
<br />Improvement Revolving (PIR) Fund
<br />Current Balance:
<br />$1,223,743
<br />$1,428,299
<br />Amount Available for Police Purchases=
<br />$268,823
<br />Table B-9
<br />Table B-8
<br />Project
<br />2020 2021
<br />2022
<br />Project
<br />2020
<br />2021
<br />2022
<br />2023
<br />2024
<br />2025
<br />2026
<br />2027
<br />2028
<br />2029
<br />Operation and Maintenance (1)
<br />$373,000
<br />$388,798.40
<br />$402,048.43
<br />$417,187.39
<br />$430,298
<br />$445,620
<br />$456,761
<br />$468,180
<br />$479,884
<br />$491,882
<br />CIP Expenditures
<br />$580,425
<br />$418,120
<br />$456,160
<br />$372,610
<br />$479,605
<br />$440,000
<br />$442,800
<br />$503,641
<br />$448,569
<br />$451,541
<br />Transfer to Equipment Fund for Storm Equip
<br />$100,000
<br />$0
<br />$75,000
<br />$0
<br />$0
<br />$12,000
<br />$600,000
<br />$0
<br />$0
<br />$0
<br />Total Expenses
<br />$1,053,425
<br />$806,918
<br />$933,208
<br />$789,797
<br />$909,902
<br />$897,620
<br />$1,499,561
<br />$971,821
<br />$928,454
<br />$943,422
<br />($8,181)
<br />($43,470)
<br />Year End Cash Balance
<br />$1,435,131 $1,408,855
<br />$1,402,147
<br />$1,360,198
<br />$1,367,651
<br />$1,359,993
<br />$1,367,069
<br />$1,374,020
<br />$1,365,839
<br />Revenues (1)
<br />$569,936
<br />$797,910
<br />$821,847
<br />$838,284
<br />$855,050
<br />$872,151
<br />$889,594
<br />$907,386
<br />$925,534
<br />$944,044
<br />Add back depreciation
<br />$62,000
<br />$71,454
<br />$78,135
<br />$86,407
<br />$92,670
<br />$101,004
<br />$103,529
<br />$106,117
<br />$108,770
<br />$111,490
<br />Annual Balance
<br />($421,489)
<br />$62,446
<br />($33,226)
<br />$134,894
<br />$37,818
<br />$75,534
<br />($506,438)
<br />$41,682
<br />$105,850
<br />$112,112
<br />Year End Cash Balance
<br />$802,254
<br />$864,700
<br />$831,473
<br />$966,367
<br />$1,004,185
<br />$1,079,720
<br />$573,282
<br />$614,964
<br />$720,814
<br />$832,926
<br />Permanent
<br />Improvement Revolving (PIR) Fund
<br />Current Balance:
<br />$1,428,299
<br />Amount Available for Police Purchases=
<br />$268,823
<br />Table B-9
<br />Project
<br />2020 2021
<br />2022
<br />2023
<br />2024 1
<br />2025
<br />2026
<br />2027
<br />2028
<br />2029
<br />Police Expenses
<br />1 $5,464 $40,628
<br />$20,796
<br />$55,970
<br />$6,149 1
<br />$21,334
<br />$6,524
<br />$6,720
<br />$21,921
<br />$57,129
<br />Total Expenses
<br />$5,464 $40,628
<br />$20,796
<br />$55,970
<br />$6,149
<br />$21,334
<br />$6,524
<br />$6,720
<br />$21,921
<br />$57,129
<br />Revenues
<br />$12,296 $14,351
<br />$14,089
<br />$14,021
<br />$13,602
<br />$13,677
<br />$13,600
<br />$13,671
<br />$13,740
<br />$13,658
<br />Annual Balance
<br />$6,832 ($26,276)
<br />($6,708)
<br />($41,949)
<br />$7,453
<br />($7,657)
<br />$7,076
<br />$6,951
<br />($8,181)
<br />($43,470)
<br />Year End Cash Balance
<br />$1,435,131 $1,408,855
<br />$1,402,147
<br />$1,360,198
<br />$1,367,651
<br />$1,359,993
<br />$1,367,069
<br />$1,374,020
<br />$1,365,839
<br />$1,322,369
<br />NOTES:
<br />(1) Expenses and Revenues are based on the City's 2011 budget. For Planning purposes a 2.5% annual inflation factor has been used to project future costs.
<br />(2) Revenues are based on a 1.5% increased contribution starting in 2016 and adding a 1% interest earned on the previous year's balance.
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