Item 2C: Ratification of MWMC Budget

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Metropolitan Wastewater Management Commission Budget and Pro~am Summary CAPITAL PROGRAMS The RWP budget encompasses several Capital Programs, including the CIP, the Major Rehabilitation Program, the Major Capital Outlay Program and the Equipment Replacement Program. The CIP consists of capital projects that are administered by the City of Springfield as part of its contract responsibilities for MWMC. CIP projects typically provide for new or expanded facilities and/or capacity enhancements. The annual CIP budget is separate from the Operating Budget. The proposed FY 06-07 CIP is funded by a combination of SDCs, contributions from the Operating Budget, and Capital Reserves. Consistent with MWMC's adopted Financial Plan, a revenue bond issuance is planned in FY 06-07 to augment CIP funding. The proposed FY 06-07 CIP budget is summarized in Exhibit 3 below, and described on pages 29-38. Other capital programs, consisting of the Major Rehabilitation Program, Major Capital Outlay and the Equipment Replacement Program include capital projects/purchases that are administered by the City of Eugene as part of its contractual responsibilities for MWMC. These programs provide for major construction, repairs, and purchases necessary to maintain functionality, lifespan, and effectiveness of existing facility assets and capacity. The proposed FY 06-07 budget for these capital programs is summarized below in Exhibit 3, and itemized on page 37. EXHIBIT 3 REGIONAL CAPITAL PROGRAMS ADOPTED AMENDED PROPOSED BUDGET BUDGET BUDGET FY 05-06 FY 05-06 FY 06-07 Capital Improvement Program (Springfield) 35,622,000 46,153,875 51,148,276 Other Capital (Eugene) Major Rehabilitation 192,000 522,518 263,000 Equipment Replacement 580,133 1,241,848 310,335 Major Capital Outlay 0 0 0 - Total Capital Bud2et $36,394,133 $47,918,241 $51,721,611 Page 19 PROPOSED FY 06-07 BUDGET AND CIP