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Table 6: Cash Flow Projections (Scenario 2)
<br /> Line Cash Flow Projections FY 2019 FY 2020 FY 2021 FY 2022
<br /> 1 Revenue
<br /> 2 Volume-Based Rate Revenue $30,010,113 $31,789,243 $33,648,218 $35,668,479
<br /> 3 Fixed Charge Revenue $16,087,355 $16,569,978 $17,067,078 $17,579,088
<br /> 4 Total Additional Revenue $1,152,437 $3,687,391 $6,596,158 $9,934,166
<br /> 5
<br /> 6 Total Rate Revenue $47,249,905 $52,046,612 $57,311,454 $63,181,732
<br /> 7 Investment Earnings $127,019 $135,669 $145,861 $184,439
<br /> 8 Other Revenue $1,146,345 $1,177,925 $1,207,666 $1,238,300
<br /> 9 Total Revenue $48,523,269 $53,360,206 $58,664,982 $64,604,471
<br /> 10
<br /> 11 Expenses
<br /> 12 O&M Expenses $32,649,908 $35,524,235 $37,238,845 $39,022,338
<br /> 13 Water Supply Reliability Projects $1,500,000 $2,000,000 $2,500,000 $3,000,000
<br /> 14 Existing Debt Service $1,692,410 $3,123,338 $3,122,338 $3,124,213
<br /> 15 Proposed Debt Service $0 $0 $0 $0
<br /> 16 Total Expenses $35,842,318 $40,647,573 $42,861,183 $45,146,551
<br /> 17
<br /> 18 Net Cash Flow before Capital Funding $12,680,951 $12,712,633 $15,803,799 $19,457,920
<br /> 19 ACO Transfers $197,406 $203,328 $203,328 $203,328
<br /> 20 Capital Funding $12,300,000 $12,792,000 $13,303,680 $13,835,827
<br /> 21
<br /> 22 Net Cash Flow $183,545 ($282,695) $2,296,791 $5,418,765
<br /> 23
<br /> 24 Fund 100
<br /> 25 Ending Balance $13,720,397 $13,437,701 $15,734,492 $21,153,257
<br /> 26 Target(no Rate Stabilization) $18,089,723 $19,278,131 $20,227,396 $21,254,190
<br /> Figure 2 shows the projected fund balances for Fund 100 for the Study period under Scenario 2. The black line
<br /> represents the target reserve levels for Fund 100 without the Rate Stabilization Reserve requirement.
<br /> ZONE 7 WATER AGENCY TREATED WATER WHOLESALE RATE STUDY REPORT 8
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