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CIAC May 2020 Utility CIAC Midyear Financial Update Isw City of las Cruces' MOUNTAINS OF OPPORTUNITY Water and Wastewater D v lop t Fee Collections FY20 3rd Quarter Financial Review Review May 21 , 2020 GRVj to UTILITIES City of las Cruces' FY 20 Water Development Fees $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 - 6 Jul Aug Sep Oct Nov Dec Jan Feb Mar ■ Builder ■ Customer Rates FY 20 Wastewater Development Fees $100,000 $90,000 $80..000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 Jul Aug Sep Oct Nov Dec Jan Feb Mar ■ Builder ■ Customer ■ Rates FY 15-24 Water Development Fees $1,000,000 201 $919,805 ' $900,000 $800,000 $769,015 S768,.332 $700,000 $744,836 $600,000 - ,615 $500,000 $400,000 - - $300,000 $200,000 $100,000 do Jul Aug Sep Oct Nov Dec FY15 Total -FY16 Total -FY17 Total -FY18 Total -FY19 Total -FY20 Total FY 15-20 Wastewater Development Fees $1,600,000 $1,355,156 $1,347,293 $1,400,000 $1,200,000 $1,316,823 $1,124,527 $1,061,601 $1,000,000 -.0000 $864,828 $800,000 $600,000 $400,000 $200,000 Jul Aug Sep Oct Nov Dec FY15 Total -FY16 Total -FY17 Total -FY18 Total -FY19 Total FY20 Total Water & Wastewater Development Fees FY 19 Month Water Wastewater Builder Customer Rates FY19 Total Builder Customer Rates FY19 Total Jul $ 77,440 $ 39,985 $ 34,065 $ 151,490 $ 66,318 $ 26,387 $ 40,807 $ 133,512 Aug $ 37,510 $ 21,018 $ 17,024 $ 75,552 $ 52,434 $ 21,977 $ 32,065 $ 106,476 Sep $ 34,485 $ 17,286 $ 15,165 $ 66,936 $ 57,086 $ 24,889 $ 35,272 $ 117,247 Oct $ 18,150 $ 23,726 $ 19,688 $ 61,564 $ 55,628 $ 24,114 $ 35,562 $ 115,304 Nov $ 22,990 $ 18,146 $ 10,642 $ 51,778 $ 40,923 $ 17,640 $ 25,069 $ 83,632 Dec $ 24,200 $ 15,446 $ 11,174 $ 50,820 $ 49,524 $ 20,420 $ 30,315 $ 100,259 Jan $ 28,435 $ 17,860 $ 12,506 $ 58,801 $ 56,809 $ 24,604 $ 35,270 $ 116,683 Feb $ 27,225 $ 15,254 $ 11,971 $ 54,450 $ 27,814 $ 11,864 $ 17,198 $ 56,876 Mar $ 27,830 $ 15,594 $ 12,236 $ 55,660 $ 44,805 $ 20,225 $ 28,567 $ 93,597 Apr $ 33,275 $ 19,322 $ 14,631 $ 67,228 $ 83,169 $ 34,031 $ 50,427 $ 167,627 May $ 41,745 $ 25,422 $ 20,485 $ 87,652 $ 59,237 $ 24,116 $ 35,261 $ 118,614 Jun $ 56,265 $ 31,522 $ 20,483 $ 108,270 $ 70,887 $ 28,393 $ 38,186 $ 137,466 Subtotal $ 429,550 $ 260,581 $ 200,070 $ 890,201 $ 664,634 $ 278,660 $ 403,999 $ 1,347,293 Average $ 35,796 $ 21,715 $ 16,673 $ 74,183 $ 55,386 $ 23,222 $ 33,667 $ 112,274 n Water & Wastewater Development Fees FY 20 Month Water Wastewater Builder Customer Rates FY20 Total Builder Customer Rates FY20 Total Jul $ 58,685 $ 31,524 $ 26,337 $ 116,546 $ 59,859 $ 23,921 $ 37,020 $ 120,800 Aug $ 38,720 $ 23,046 $ 18,094 $ 79,860 $ 70,889 $ 28,391 $ 42,559 $ 141,839 Sep $ 24,200 $ 15,446 $ 11,174 $ 50,820 $ 50,494 $ 20,226 $ 30,899 $ 101,619 Oct $ 36,300 $ 20,340 $ 15,960 $ 72,600 $ 52,434 $ 23,726 $ 32,648 $ 108,808 Nov $ 9,075 $ 6,440 $ 4,523 $ 20,038 $ 21,849 $ 8,752 $ 13,700 $ 44,301 Dec $ 45,375 $ 115,779 $ 45,224 $ 206,378 $ 38,844 $ 81,905 $ 51,595 $ 172,344 Jan $ 38,115 $ 20,673 $ 16,764 $ 75,552 $ 89,339 $ 35,395 $ 53,634 $ 178,368 Feb $ 29,418 $ 16,950 $ 13,832 $ 60,200 $ 58,119 $ 23,281 $ 42,397 $ 123,797 Mar $ 36,754 $ 14,916 $ 11,172 $ 62,842 $ 61,312 $ 33,444 $ 37,895 $ 132,651 Apr $ - $ - M May $ - $ - Jun $ - $ - Subtotal $ 316,642 $ 265,114 $ 163,080 $ 744,836 $ 503,139 $ 279,041 $ 342,347 $ 1,124,527 Average $ 35,182 $ 29,457 $ 18,120 $ 62,070 $ 55,904 $ 31,005 $ 38,039 $ 93,711 n FUND 5301 T WATER DEVELOPMENT Cash Accounts Only Fund Name (All) U Row Labels Org name FY19 YTD FY20 REV-MY FY20 YTD FY21 UPDATE BEGINNING BALANCE ($217,416) ($1,419,841) ($1,419,841) ($1,447,598) REVENUES - 5301 = WATER DEVELOPMENT L-- 570000 INVESTMENT INCOME ($6,197) ($3,360) ($1,771) ($3,360) L- 570100 NET INCR(DECR) FAIR VAL INVEST ($7,690) $O ($208,837) $0 `--- 591170 INTEREST A/R & OTHER ($7,588) ($15,000) ($3,457) ($15,000) - 900100 BOND/NOTE PROCEEDS $0 $0 $0 $0 - 990100 TRANSFER FROM ($252,954) ($357,954) ($149,148) $0 X50334002 - WATER ADMINISTRATION - 507110 E)WATER DEV CHARGE- DEVELOPERS ($429,550) ($549,219) ($169,400) ($549,219) - 507120 O WATER DEV CHARGE RATES ($200,070) ($241,656) ($76,088) ($241,656) - 507130 OWATER DIF RATE RIDER $29,099 $O $0 $0 - 507140 0 WATER IMPACT FEES - CUST SURCH ($260,581) ($307,562) ($96,796) ($307,562) 51034022 -TECHNICAL SUPPORT =591190 OTHER REVENUE $0 $0 $0 $0 REVENUES Total ($1,135,531) ($1,474,751) ($705,497) ($1,116,797) EXPENDITURES _ - 5301 - WATER DEVELOPMENT - 761000 ADMINISTRATIVE CHARGES $55,050 $55,050 $22,938 $55,050 - 990200 -TRA N S F E R TO $0 $0 $0 $200,000 - 50334002 - WATER ADMINISTRATION - 591190 1 OTHER REVENUE $0 $0 $0 $0 - 810000 - BOND/NOTE PRINCIPAL $750,348 $756,911 $315,379 $774,544 - 820000 INTEREST EXPENSE $0 $0 $0 $0 - 821000 - BON D/NOTE INTEREST $235,459 $224,968 $93,737 $213,598 51034022 -TECHNICAL SUPPORT - 721070 1PROFESSIONAL/TECHNICAL SERVICE $0 $29,000 $0 $0 - 721080 PURCHASED SERVICES GENERAL $0 $O $0 $0 - 804200 - INFRASTRUCTURE-DEVELOPMENT - 11338 INFRASTRUCTURE-DEVELOP $0 $800,000 $0 $742,240 - 11343 INFRASTRUCTURE-DEVELOP $0 $O $0 $0 EXPENDITURES Total $1,040,857 $1,865,929 $432,054 $1,985,432 ENDING BALANCE ($312,090) ($1,028,663) ($1,693,284) ($578,963) MOM FUND 5401 U WASTEWATER DEVELOPMENT Cash Accounts Only Fund Name (All) U Row Labels u Org name FY19 YTD FY20 REV-MY FY20 YTD FY21 U PRATE JBEGINNING BALANCE ($3,306,817) ($5,089,090) ($5,089,090) ($3,487,784) =J REVENUES 35401 WASTEWATER DEVELOPMENT - 570000 )INVESTMENT INCOME ($69,342) ($30,624) ($16,493) ($30,624) 570100 NET INCR(DECR) FAIR VAL INVEST ($96,964) $0 ($80,148) $0 591170 INTERESTA/R&OTHER ($10,147) ($8,819) ($4,485) ($8,818) 591190 OTHER REVENUE $0 $0 $0 $0 599900 SALE OF PROPERTY/MATERIAL $0 $0 $0 $0 900100 7BOND/NOTE PROCEEDS $0 $0 $0 $0 990100 TRANSFER FROM $O $0 $O ($200,000) - 50434002 WASTEWATER ADMINISTRATION 507080 D WASTEWATER DEV CHC- SURCHARGE ($278,660) ($297,382) ($105,016) ($275,367) 507090 GE,WASTEWATER DEVELCHARCE RATES ($403,999) ($446,073) ($156,826) ($373,118) 507220 O WW DIF RATE RIDER $0 $0 $0 $0 - 507230 WWW IMPACT FEES - DEVELOPERS ($664,634) ($743,454) ($258,438) ($633,705) --,565000 H)PROVISION FOR UNCOLLIBLE ACCTS $O $0 $0 $0 REVENUES Total ($1,523,745 ($1,526,352) ($621,406 ($1,521,632) t]EXPEN 0ITU RES 05401 (=-'WASTEWATER DEVELOPMENT 0761000 (+ ADMINISTRATIVE CHARGES $44,700 $44,700 $18,625 $44,700 0990200 H)TRANSFERTO $0 $0 $0 $0 CD 50434002 -WASTEWATER ADMINISTRATION 721070 oPROFESSIONAL/TECHNICAL SERVICE $24,720 $300,000 $27,820 $0 721080 (]PURCHASED SERVICES GENERAL $0 $0 $0 $0 804000 (mm)INFRASTRUCTURE $0 $0 $0 $0 810000 BBOND/NOTE PRINCIPAL $405,540 $413,225 $172,177 $425,640 821000 BBON D/NOTE INTEREST $145,778 $169,662 $70,692 $157,266 804200 BINFRASTRUCTURE-DEVELOPMENT O 11367 1 N FRASTRUCTURE-DEVELOP IV $0 $0 $0 $0 O 11384 1 N FRASTRUCTURE-DEVELO PIV $0 $0 $0 $0 O 11389 1 N FRASTRUCTURE-DEVELOP $0 $0 $0 $0 O 11390 1 N FRASTRUCTURE-DEVELOP $0 $0 $0 $0 051034016 TECHNICAL SUPPORT 804200 INFRASTRUCTURE-DEVELOPMENT 011387 INFRASTRUCTURE-DEVELOP $154,544 $2,472,130 $0 $1,610,430 (=-111389 I N FRASTRUCTURE-DEVELOP $0 O INFRASTRUCTURE-DEVELOP $1,045,674 $400,000 $10,895 $100,000 EXPENDITURES Total $1,820,956 $3,799,717 $300,210 $2,338,036 ENDING BALANCE ($3,009,606) ($2,815,725) ($5,410,287) ($2,671,380) End of presentation . . . „q °"tee .7 �w 0 my of[as Cruces, LAS CRUCES UTILITIES Sheet No. D1-2017 Approval Date: April 13, 2017 Effective Billing Date: January 1, 2016 LCUB Resolution No.: 16-17-LCU17 WATER DEVELOPMENT IMPACT FEES APPLICABILITY A Water Development Impact Fee is assessed for each new connection to the Las Cruces Utilities water supply system based on water meter size of capacity. The fee is also applicable to any increase in size of an existing meter. The fee will be assessed for any such increase in an amount representing the difference between the fee that would be imposed for the existing meter size and the fee imposed for the size of the proposed meter. FEE Size of Capacity Total Fee Fee to Customer Fee to Builder Surcharge Rate Base 3/4 inch meter $2,420.00 $1,210.00 $678.00 $532.00 1.0 inch meter $6,050.00 $3,025.00 $1 ,694.00 $1,331.00 1.5 inch meter $12,100.00 $6,050.00 $3,388.00 $2,662.00 2.0 inch meter $19,360.00 $9,680.00 $5,421.00 $4,259.00 3.0 inch meter $38,720.00 $19,360.00 $10,842.00 $8,518.00 4.0 inch meter $60,500.00 $30,250.00 $16,940.00 $13,310.00 6.0 inch meter $121,000.00 $60,500.00 $33,880.00 $26,620.00 8.0 inch meter $193,600.00 $96,800.00 $54,208.00 $42,592.00 m Fees for meters greater than 8 inches will be based on $66.70 per gpm. LAS CRUCES UTILITIES Sheet No. D1-2017 Approval Date: April 13, 2017 Effective Billing Date: January 1, 2016 LCUB Resolution No.: 16-17-LCU17 0 WATER DEVELOPMENT IMPACT FEES DEVELOPED PROPERTY APPLICABILITY Developed property is defined as real estate/property with access to existing utility infrastructure (i.e. residential and/or commercial buildings) where the customer makes improvements by connecting water service to an existing structure/building. A Water Development Impact Fee for developed properties applies where a Builder may not be applicable or involved, is assessed for each new connection to the Las Cruces Utilities water supply system based on water meter size of capacity. The fee is also applicable to any increase in size of an existing meter. The fee will be assessed for any such increase in an amount representing the difference between the fee that would be imposed for the existing meter size and the fee imposed for the size of the proposed meter. FEE-DEVELOPED PROPERTY Size of Capacity Total Fee Total Surcharge Fee to Rate Base 5/s- 3/4 inch meter $2,420.00 $1,888.00 $532.00 1.0 inch meter $6,050.00 $4,719.00 $1,331.00 1.5 inch meter $12,100.00 $9,438.00 $2,662.00 2.0 inch meter $19,360.00 $15,101.00 $4,259.00 3.0 inch meter $38,720.00 $30,202.00 $8,518.00 4.0 inch meter $60,500.00 $47,190.00 $13,310.00 6.0 inch meter $121,000.00 $94,380.00 $26,620.00 8.0 inch meter $193,600.00 $151 ,008.00 $42,592.00 Fees for meters greater than 8 inches will be based on $66.70 per gpm. LAS CRUCES UTILITIES Sheet No. D2-2017 Approval Date: April 13, 2017 Effective Billing Date: January 1, 2016 LCUB Resolution No.: 16-17-LCU17 WASTEWATER DEVELOPMENT IMPACT FEES APPLICABILITY A Wastewater Development Impact Fee is assessed for each new connection to the Las Cruces Utilities wastewater supply system based on water meter size of capacity whether the water provider is the City of Las Cruces, a public water utility, a mutual domestic, a private well, or other entity. Wastewater Development Impact Fees will not be assessed to properties within the West Mesa Industrial Park per Resolution 15- 16-LCU007. The fee is also applicable to any increase in size of capacity. The fee will be assessed for any such increase in an amount representing the difference between the fee that would be imposed for the existing size of capacity and the fee imposed for the proposed size of capacity. FEE Size of Capacity Total Fee Fee to Customer Fee to Builder Surcharge Rate Base 5/8— 3/4 inch meter $1,943.00 $971.00 $389.00 $583.00 1.0 inch meter $4,858.00 $2,429.00 $972.00 $1,457.00 1.5 inch meter $9,715.00 $4,857.00 $1,943.00 $2,915.00 2.0 inch meter $15,544.00 $7,772.00 $3,109.00 $4,663.00 3.0 inch meter $31,088.00 $15,544.00 $6,218.00 $9,326.03- 4.0 inch meter $48,575.00 $24,287.00 $9,715.00 $14,573.00 6.0 inch meter $97,150.00 $48,575.00 $19,430.00 $29,145.03- 8.0 29,145.008.0 inch meter $155,440.00 $77,720.00 $31,088.00 $46,632.00 Fees for meters greater than 8 inches will be based on $46.66 per gpm. E LAS CRUCES UTILITIES Sheet No. 132-2017 Approval Date: April 13, 2017 Effective Billing Date: January 1, 2016 LCUB Resolution No.: 16-17-LCU17 WASTEWATER DEVELOPMENT IMPACT FEES DEVELOPED PROPERTY APPLICABILITY Developed property is defined as real estate/property with access to existing utility infrastructure (i.e. residential and/or commercial buildings) where the customer makes improvements by connecting wastewater service to an existing structure/building. A Wastewater Development Impact Fee for developed properties applies where a Builder may not be applicable or involved, is assessed for each new connection to the Las Cruces Utilities wastewater supply system based on water meter size of capacity whether the water provider is the City of Las Cruces, a public water utility, a mutual domestic, a private well, or other entity. The fee is also applicable to any increase in size of capacity. The fee will be assessed for any such increase in an amount representing the difference between the fee that would be imposed for the existing size of capacity and the fee imposed for the proposed size of capacity. FEE-DEVELOPED PROPERTY Size of Capacity Total Fee Total Surcharge Fee to Rate Base 3/4 inch meter $1 ,943.00 $1 ,360.00 $583.00 1 .0 inch meter $4,858.00 $3,401 .00 $1,457.00 1 .5 inch meter $9,715.00 $6,800.00 $2,915.00 2.0 inch meter $15,544.00 $10,881 .00 $4,663.00 3.0 inch meter $31 ,088.00 $21 ,762.00 $9,326.00 4.0 inch meter $48,575.00 $34,002.00 $14,573.00 6.0 inch meter $97,150.00 $68,005.00 $29,145.00 8.0 inch meter $155,440.00 $108,808.00 $46,632.00 m Fees for meters greater than 8 inches will be based on $46.66 per gpm.