FROM: James D. Herberg, General Manager
Originator: Lorenzo Tyner, Assistant General Manager
SUBJECT:
title
PROPOSED FY 2020-21 AND FY 2021-22 BUDGET
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GENERAL MANAGER'S RECOMMENDATION
recommendation
RECOMMENDATION:
A. Reduce the approved Fiscal Year 2020-2021 Single Family Residential (SFR), Multi-Family Residential (MFR) rates, and Industrial Dischargers Charge for Use (see attachment) as follows:
SFR*
MFR
SFR*
MFR
Approved
Approved
Proposed
Proposed
July 1, 2020
$343.00
$240.10
$339.00
$237.30
July 1, 2021
$347.00
$242.90
$343.00
$240.10
July 1, 2022
$351.00
$245.70
$347.00
$242.90
*The SFR is the underlying rate for the Sanitation District's primary rate structure and as such other components
of the rate structure will be adjusted accordingly.
B. Approve the proposed Operating, Capital, Debt Service, and Self-Insurance Budgets for FY 2020-21 and FY 2021-22 as follows:
FY 2020-21
FY 2021-22
Net Operating
$ 174,315,516
$ 174,470,159
Self-Insurance - Workers' Comp
$ 780,000
$ 800,000
Self-Insurance - Property & Gen. Liability
$ 2,080,000
$ 2,140,000
Net Capital Improvement Program
$ 147,562,000
$ 240,846,000
Debt/COP Service (1)
$ 72,838,369
$ 168,936,869
Intra-District Joint Equity Purchase/Sale(2)
$ 3,500,000
$ 3,500,000
Total
$ 401,075,885
$ 590,693,028
PP(1)PPIncludes $102,200,000 in maturing debt
(2)PPCash to/from Revenue Area 14 (RA14) in exchange for capital assets to/from Consolidated Revenue Area 15 (RA15)
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BACKGROUND
The Orange County Sanitation District (Sanitation District) FY 2020-21 and FY 2021-22 Proposed Budget is enclosed for the Board's consideration. The Budget has been presented to the Operations and Administration Committees at their regular June meetings in order to allow each Committee an opportunity to review the pr...
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