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decrease in FY 2015/16 is also attributed to reduced water consumption which will result in
<br /> reduced water purchased from Zone 7. The Zone 7 Water Agency is the water wholesaler for the
<br /> Livermore-Amador Valley, purchasing, treating, and delivering water to the cities of Pleasanton
<br /> and Livermore, Dublin San Ramon Services District (DSRSD), and the California Water Service
<br /> Company (serving parts of Livermore). The City receives 80% of its water supply from Zone 7
<br /> and the other 20% from City owned and operated wells. The following table summarizes the
<br /> Water Operations and Maintenance Fund for the three years ending FY 2016/17.
<br /> Water Operations and Maintenance (O&M)
<br /> FY 2014/15
<br /> Midyear FY 2015/16 % FY 2016/17 %
<br /> Water(O&M) Budget Projected Change Projected Change
<br /> July 1, Beginning Fund Balance $ 7,370,440 $ 7,246,719 $ 7,167,985
<br /> Revenues 18,534,519 18,007,850 -2.8% 18,839,500 4.6%
<br /> Expenses
<br /> Zone 7 Purchased Water 11,350,000 10,500,000 -7.5% 11,000,000 4.8%
<br /> All other expenses 5,842,689 6,095,681 4.3% 6,152,893 0.9%
<br /> Total Expenses 17,192,689 16,595,681 -3.5% 17,152,893 3.4%
<br /> Net Transfer In/Out (1,465,551) (1,490,903) (1,510,702)
<br /> Net Income $ (123,721) $ (78,734) $ 175,905
<br /> June 30, Ending Fund Balance $ 7,246,719 $ 7,167,985 $ 7,343,890
<br /> Sewer Fund
<br /> Sewer revenues are expected to increase by 1.6% in FY 2015/16 and increase by 2.9% in FY
<br /> 2016/17. Expenses in the Sewer Fund are increasing by 3.1% in FY 2015/16 and 3.1% in FY
<br /> 2016/17. The City is not anticipating any increases, other than the allowable annual CPI
<br /> (Consumer Price Index) increase in local city sewer fees. However, a majority of the customers'
<br /> sewer fees are the regional sewer fees charged by DSRSD. The Budget assumes DSRSD fees
<br /> will increase by 3.7% in FY 2015/16 and by 3.1% in FY 2016/17. The following table summarizes
<br /> the Sewer Operations and Maintenance Fund for the three years ending FY 2016/17.
<br /> Sewer Operations and Maintenance (O&M)
<br /> FY 2014/15
<br /> Midyear FY 2015/16 % FY 2016/17
<br /> Sewer (O&M) Budget _ Projected Change Projected Change
<br /> July 1, Beginning Fund Balance $ 4,180,740 $ 4,347,034 $ 4,340,964
<br /> Revenues 13,382,616 13,593,000 1.6% 13,987,000 2.9%
<br /> Expenses
<br /> DSRSD 9,400,000 9,750,000 3.7% 10,050,000 3.1%
<br /> All other expenses 2,717,422 2,740,070 0.8% 2,823,614 3.0%
<br /> Total Expenses 12,117,422 12,490,070 3.1% 12,873,614 3.1%
<br /> Net Transfer In/Out (1,098,900) (1,109,000) 0.9% (1,118,700) 0.9%
<br /> Net Income $ 166,294 $ (6,070) $ (5,314)
<br /> June 30, Ending Fund Balance $ 4,347,034 $ 4,340,964 $ 4,335,650
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