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<br />Metropolitan Wastewater Management Commission
<br />
<br />Reserves
<br />
<br /> ADOPTED AMENDED PROPOSED
<br /> BUDGET BUDGET BUDGET
<br />REIMBURSEMENT SDC RESERVE FY 05-06 FY 05-06 FY 06-07
<br />Beginning Balance 0 0 4,753,885
<br />Reimbursement SDCs Collected 156,000 156,000 165,000
<br />Interest 94,000 94,000 117,900
<br />Miscellaneous Receipts 0 0 0
<br />Xfr From Fund 437 4,942,023 4,521,385 0
<br />Materials & Services 0 (2,500) 0
<br />SDC Contingency Reserve (1,163,000) (1,163,000) (1,163,000)
<br />Funding For Capital (3,325,000) (3,325,000) (3,775,000)
<br />Reserve 704,023 280,885 98,785
<br />
<br /> ADOPTED AMENDED PROPOSED
<br /> BUDGET BUDGET BUDGET
<br />IMPROVEMENT SDC RESERVE FY 05-06 FY 05-06 FY 06-07
<br />Beginning Balance 0 0 3,137,472
<br />Improvement SDCs Collected 1,618,800 1,618,800 1,703,800
<br />Interest 43,000 43,000 97,200
<br />Miscellaneous Receipts 0 0 0
<br />Xfr From Fund 437 736,406 2,076,172 0
<br />Materials & Services 0 (500) 0
<br />Xfr to Fund 612 for Debt Service 0 0 0
<br />SDC Litigation Reserve (1,748,206) (1,748,206) (1,748,206)
<br />Funding For Capital (650,000) (1,250,000) (2,120,000)
<br />Reserve 0 739,266 1,070,266
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<br />CAPTIAL RESERVE
<br />
<br />The Capital Reserve accumulates funds transferred from the Operating Reserve for the purpose
<br />of funding the CIP, Major Capital Outlay and Major Rehabilitation Program costs. The intent is
<br />to minimize rate impacts associated with fluctuating Capital Program costs in any given year.
<br />The FY 06-07 Budget includes a contribution from the Operating Reserve of $3,226,569. The
<br />beginning balance on July 1,2006 is projected to be $13,155,866. Additional budget detail on
<br />the CIP, Major Capital Outlay and Major Rehabilitation Program reserves is provided on the
<br />following page.
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<br />Page 40 PROPOSED FY 06-07 BUDGET AND CIP
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