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City of Pleasanton Water Rate Study
<br /> 2. Revenue Requirement Projection
<br /> Figure 2 -1. Financial Trends
<br /> Change From Change From
<br /> Actual Actual Actual Budgeted Projected Projected 2005.06 To 2005-06 To
<br /> 2005-06 2008 -07 2007-08 2008-09 2009-10 2010-11 2009-10 2010-11
<br /> Revenue Requirements
<br /> Zone 7 Purchased Water $8,651,134 $9,988,795 $10,987,367 $10,711,032 $12,192,455 $13,354,041 41% 54%
<br /> Pleasanton
<br /> OW $4, 154, 360 $4,522,759 $4,481,933 $4,885,221 $5,326,805 $4,564,522 28% 10%
<br /> Capital $2,335,140 $2,323,173 $2,335,090 $2,322,059 $1,600,000 $1,600,000 -31% -31%
<br /> Subtotal $6,489,500 $6,845,932 $6,817,023 $7,207,280 $6,926,805 $6,164,522 7% -5%
<br /> Total Revenue Requirements $15,140,634 $18,834,727 $17,804,390 $17,918,312 $19,119,260 $19,518,583 26% 29%
<br /> Annual change 11.2% 5.8% 0.6% 6.7% 2.1%
<br /> Rate Revenue
<br /> From FY 2009 -10 Rates $16,360,445 $16,550,936
<br /> From Rate Increases $0 $3,368,005
<br /> Total Rate Revenue $15,232,256 $16,206,625 $16,402,888 $15,692,363 $16,360,445 $19,918,941 7% 31%
<br /> Annual change 6.4% 1.2% -4.3% 4.3% 21.8%
<br /> Annual Surplus or Deficit $91,622 ($628,102) ($1,401,502) ($2,225,949) ($2,758,815) $400,379
<br /> Operating Fund Balance $10,775,777 $11,002,186 $10,124,734 $8,356,607 $5,674,921 $5,407,348 -47% -50%
<br /> Annual change 2.1% -8.0% -17.5% -32.1% -4.7%
<br /> Source: Rev Reqmt 15Mar10.xls, 2- Revenue Requirements.
<br /> Figure 2 -2. Zone 7 Projected Rate Increases
<br /> CY 2010 8.25%
<br /> CY 2011 8.25%
<br /> CY 2012 8.25%
<br /> CY 2013 7.25%
<br /> CY 2014 6.00%
<br /> CY 2015 6.50%
<br /> March 18, 2010 Page 10 HF &H Consultants, LLC
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