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Scenario 2: (3% CPI +$3M for Water Supply Reliability Projects+ Fully Funding Two Reserves at
<br /> Target Levels and the Drought Contingency at Minimum +3% Rate Adjustments)
<br /> > Includes 3%CPI
<br /> > Includes$3 million(Water Supply Reliability Projects)
<br /> > Funding two reserves at Target Levels(Operating, Emergency)and the Drought Contingency at
<br /> Minimum Levels, no funding for the Rate Stabilization Reserve
<br /> > Includes Fixed Component gradually increasing to 45%
<br /> Scenario 2—Month' Customer Rate Im acts
<br /> CY 2018 CY 2019 CY 2020 CY 2021 CY 2022
<br /> Variable Charge($/ccf) $2.04 $2.00 $2.07 $2.02 $2.09
<br /> Weighted Fixed Charge($/ccf) $1.14 $1.31 $1.41 $1.64 $1.77
<br /> Total Charge($/ccf) $3.18 $3.31 $3.48 $3.66 $3.86
<br /> Dollar Amount Difference
<br /> 10 ccf $1.31 $1.72 $1.79 $1.95
<br /> 15 ccf $1.97 $2.57 $2.68 $2.92
<br /> 20 ccf $2.63 $3.43 $3.57 $3.90
<br /> Scenario 2—Proforma Cash Flow
<br /> FY 2019 FY 2020 FY 2021 FY 2022
<br /> Revenue
<br /> Volume-Based Rate Revenue $30,010,113 $31,789,243 $33,648,218 $35,668,479
<br /> Fixed Charge Revenue $16,087,355 $16,569,978 $17,067,078 $17,579,088
<br /> Total Additional Revenue $691,462 $2,197,927 $3,895,619 $5,810,263
<br /> Total Rate Revenue $46,788,930 $50,557,148 $54,610,916 $59,057,830
<br /> Investment Earnings $127,019 $138,233 $142,470 $164,308
<br /> Other Revenuer $1,146,345 $1,177,925 $1,207,666 $1,238,300
<br /> Total Revenue $48,062,294 $51,873,305 $55,961,052 $60,460,438
<br /> Expenses
<br /> O&M Expenses $32,649,908 $35,524,235 $37,238,845 $39,022,338
<br /> Water Supply Reliability Projects $500,000 $500,000 $1,000,000 $1,000,000
<br /> Existing Debt Service $1,692,410 $3,123,338 $3,122,338 $3,124,213
<br /> Proposed Debt Service $0 $0 $0 $0
<br /> Total Expenses $34,842,318 $39,147,573 $41,361,183 $43,146,551
<br /> Net Cash Flow before Capital Funding $13,219,976 $12,725,732 $14,599,869 $17,313,887
<br /> ACO Transfers $197,406 $203,328 $203,328 $203,328
<br /> Capital Funding $12,300,000 $12,792,000 $13,303,680 $13,835,827
<br /> Net Cash Flow $722,570 ($269,596) $1,092,861 $3,274,732
<br /> Fund 100
<br /> Ending Balance $13,970,207 $13,700,611 $14,793,473 $18,068,204
<br /> Target(no Rate Stab.,Drought at min.) $15,704,179 $16,601,328 $17,226,797 $17,888,908
<br /> 'Other revenue include untreated revenue at approx.$1M annually and other miscellaneous revenue(rents,royalties,well permit fees,
<br /> inspection fees etc.)
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