2018-2022 Financial Plan

APPENDIX C: INFRASTRUCTURE FUNDING STRATEGY

REVISED 2006-10-30 TO REFLECT PROPOSED 2007-2011 FINANCIAL PLAN

DCC Projection by Individual Component

2006

Roads

Sewer

Drainage

Water

Parks

Total

Opening

9,271,171 2,782,036

977,432 3,229,134 1,780,247 6,538,146 21,796,130

Collections

127,084

315,611

350,422 1,800,825 5,375,978

Interest

100,464 -52,229

13,352

31,529

15,401

-706

160,040

Support Salary/Debt

-32,304

-31,309 -146,877

0 -262,719

Reverse prior WIP

1,859,026 -5,822,915

40,246

223,336

24,709

304,914 2,452,231

Capital Expenditures

-44,271 -1,214,456 -776,426 -5,425,724 -13,283,792

Closing

8,137,553 1,081,539 2,553,845 1,247,476 3,217,455 16,237,868

Borrow---> 5,206,103

0 1,237,500

420,000 1,985,500 8,849,103

2007

Roads

Sewer

Drainage

Water

Parks

Total

Opening

8,137,553 1,081,539 2,553,845 1,247,476 3,217,455 16,237,868

Collections

1,793,364

81,917 14,543

203,466

225,905 1,160,903 3,465,555

Interest

72,453

30,444

12,704

23,763

153,907

Support Salary/Debt

-53,796

0

-35,183 -146,877

0 -235,856

Debt Payments

-1,205,875 -2,875,008

0 -286,639

-97,283 -459,896 -2,049,692

Capital Expenditures

0

0 -212,901 -2,017,400 -5,105,309

Closing

5,868,691 1,177,999 2,465,933 1,029,024 1,924,826 12,466,473

Borrow--->

0

0

0

0 2,769,250 2,769,250

2008

Roads

Sewer

Drainage

Water

Parks

Total

Opening

5,868,691 1,177,999 2,465,933 1,029,024 1,924,826 12,466,473

Collections

2,165,328

47,807 15,323

231,620

256,260 1,373,592 4,074,607

Interest

58,242

29,642

12,160

24,089

139,455

Support Salary/Debt

-55,410

0

-39,536 -100,221

0 -195,167

Debt Payments

-1,205,875 -2,113,382

0 -286,639

-97,283 -1,101,329 -2,691,126

Capital Expenditures

0

0 -115,000 -270,000 -2,498,382

Closing

4,717,595 1,241,129 2,401,021

984,939 1,951,177 11,295,860

Borrow--->

0

0

0

0 1,254,000 1,254,000

2009

Roads

Sewer

Drainage

Water

Parks

Total

Opening

4,717,595 1,241,129 2,401,021

984,939 1,951,177 11,295,860 261,391 1,402,674 4,159,411

Collections

2,210,259

48,841

236,246

Interest

52,833

6,675

29,383

8,219

15,946

113,056

Support Salary/Debt

-57,072

0

0 -100,221

0 -157,293

Debt Payments

-1,205,875

0 -286,639

-97,283 -1,391,789 -2,981,586

Capital Expenditures

-1,438,261 -756,000

0 -391,276 -686,395 -3,271,932

Closing

4,279,479

540,644 2,380,011

665,769 1,291,613 9,157,516

Borrow--->

0

0

0

0 1,080,000 1,080,000

2010

Roads

Sewer

Drainage

Water

Parks

Total

Opening

4,279,479 2,240,329

540,644 2,380,011

665,769 1,291,613 9,157,516 265,093 1,420,919 4,215,358

Collections

49,459

239,558

Interest

39,128

7,006

29,162

967

12,882

89,145

Support Salary/Debt

-58,784

0

0 -100,221

0 -159,005

Debt Payments

-1,205,875 -2,124,894 3,169,384

0 -286,639

-97,283 -1,641,947 -3,231,743

Capital Expenditures

-29,634

0 -656,016

-40,000 -2,850,544

Closing

567,475 2,362,092

78,308 1,043,467 7,220,727

Borrow---> 5,253,120

0

0

0

0 5,253,120

2011

Roads

Sewer

Drainage

Water

Parks

Total

Opening

3,169,384 2,274,654

567,475 2,362,092

78,308 1,043,467 7,220,727 269,094 1,442,731 4,279,898

Collections

50,217

243,202

Interest

16,170

7,399

24,408

624

4,863

53,463

Support Salary/Debt

-60,548

0

0 -100,221

0 -160,769

Debt Payments

-2,422,640 -1,667,274 1,309,746

0 -286,639

-97,283 -1,641,947 -4,448,508

Capital Expenditures

-25,735 -366,014 -100,000 -455,246 -2,614,269

Closing

599,357 1,977,050

50,522

393,868 4,330,542

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