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TO:Mayor Jabbour and Orono City Council Members <br />FROM:Ron Moorse, City Administrator <br />DATE:August 18, 1999 <br />SUBJECT: August 19, 1999 Budget Work Session <br />The August 19 budget work session will focus on the enterprise funds (water, sewer and golf) and <br />on capital expenditure needs both in the year 2000 and in future years. <br />Water and Sewer Rates <br />The long-term cash flow analysis performed in 1997 indicated that in order to meet projected long ­ <br />term system repair and replacement needs, the City's water rates would need to be increased 2.7% <br />per year and the sewer rates would need to be increased 3.2% per year. These rate increases are <br />reflected in the proposed 2000 water and sewer fund budgets. <br />Improvement and Equipment Outlay Fund Budget <br />The improvement and equipment outlay fund is used to purchase all capital items needed by the <br />general fund departments except the Police Department. The purchases are funded by a transfer of <br />$105,000.00 fi-om the general fbnd. The transfer amount was increased from $95,000.00 in the 2000 <br />budget to provide for an increase in funding for Long Lake fire equipment replacement from <br />$?0,000.u0 per year to $30,000.00. The specific items requested are shown in Attachment G. <br />Attachments <br />The following materials are attached; <br />A. Water operating fund cash flow budget <br />Water fund capital requests <br />Sewer operating fund cash flow budget <br />Sewer fUnd capital requests <br />Golf operating fund cash flow budget <br />Golf fund capita! requests <br />Improvement and equipment outlay fund budget detail <br />Public Works capital requests <br />Crystal Bay Post OflBce capiud requests. <br />B. <br />C. <br />D. <br />E. <br />F. <br />G. <br />H. <br />I