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rftelleri m_EASANTOtio BUDGET SUMMARY 2011/12FY&2012/13FY Operating Budget Enterprise Funds Water Fund Revenues from water sales are expected to increase approximately 5.7% in 2011/12FY and 5.2% in 2012/13FY; mainly attributable to an estimated 6.5% annual increase in Zone 7 water rates. Expenses in the Water Fund are estimated to increase 5.0% in 2011/12FY and 5.2% in 2012/13FY. Once again mainly attributable to an estimated 6.5% annual increase in Zone 7 water rates. The Zone 7 Water Agency is the water wholesaler for the Livermore-Amador Valley, purchasing, treating, and delivering water to the cities of Pleasanton and Livermore, Dublin San Ramon Services District (DSRSD), and the California Water Service Company (serving parts of Livermore). The City receives 80% of its water supply from Zone 7 and the other 20% from City owned arid operated wells. The following table summarizes the Water Operation and Maintenance Fund for the three years ending 2012/13FY. Water Operations and Maintenance(O&M) 2010/11 FY % % Water(O&M) Midyear 2011/12FY Change 2012/13FY Change Revenues 18,966,111 20,107,454 5.7% 21,215,897 5.2% �x enses _ Zone 7 Purchased Water 11,700,000 12,600,000 7.1% 13,500,000 6.7% All other expenses 6,786,888 6,849,847 0.9% 7,011,485 2.3% Total Expenses 18,486,888 19,449,847 5.0% 20,511,485 5.2% Net Income 479,223 657,607 704,412 Sewer Fund Sewer revenues are expected to increase 2.9% in 2011/12FY and 2.8% in 2012/13FY. Expenses in the Sewer Fund are increasing 2.4% in 2011/12FY and 1.8% in 2012/13FY. The City is not anticipating any increases, other than the allowable annual CPI (Consumer Price Index) increase in local city sewer fees. However, a majority of the customers' sewer fees are the regional sewer fees charged by DSRSD. No allowance has been assumed in the Budget either year for a rate increase in the DSRSD fees. The following table summarizes the Sewer Operation and Maintenance Fund for the three years ending 2012/13FY. 10