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Table 30. Status Quo Financial Pro Forma for City of Santa Ana Water System,
<br />FY 2026 to FY 2031
<br />Rate Increase
<br />-----------------------------------------------
<br />Rate Month Implemented
<br />-----------
<br />Cash Position Opening Balance
<br />Revenues
<br />----------------------------------------------------------------------------------------------------------------------------
<br />---------------------------------------------------------------------------------------------------------------------
<br />$
<br />0.0%
<br />FY 2026
<br />4,000,000
<br />0.0%
<br />FY 2027
<br />$ 581,750
<br />0.0%
<br />FY 2028
<br />$ (7,079,210)
<br />0.0%
<br />FY 2029
<br />$ (19,731,451)
<br />0.0%
<br />FY 2030
<br />$ (37,399,406)
<br />0.0%
<br />FY 2031
<br />$ (60,247,876)
<br />Water Rate Revenue
<br />$
<br />71,416,969
<br />$ 71,585,915
<br />$ 71,695,879
<br />$ 71,866,862
<br />$ 72,044,666
<br />$ 72,153,118
<br />Adjusted Water Rate Revenue
<br />$
<br />-
<br />$ -
<br />$ -
<br />$ -
<br />$ -
<br />$ -
<br />Other Operating Revenue
<br />$
<br />3,874,380
<br />$ 3,874,380
<br />$ 3,874,380
<br />$ 3,874,380
<br />$ 3,874,380
<br />$ 3,874,380
<br />Non -Operating Revenue
<br />$
<br />1,508,000
<br />$ 1,508,000
<br />$ 1,508,000
<br />$ 1,508,000
<br />$ 1,508,000
<br />$ 1,508,000
<br />Total Revenues
<br />$
<br />76,799,349
<br />$ 76,968,296
<br />$ 77,078,259
<br />$ 77,249,242
<br />$ 77,427,046
<br />$ 77,535,498
<br />Operating Expenses
<br />$
<br />73,493,080
<br />$ 76,476,623
<br />$ 79,581,992
<br />$ 82,770,189
<br />$ 86,099,883
<br />$ 89,367,767
<br />Net Operating Revenues
<br />$
<br />3,306,269
<br />$ 491,673
<br />$ (2,503,733) $
<br />(5,520p947) $
<br />(8,672,837) $
<br />(11,832,269)
<br />Current Rate Funded Debt Service
<br />$
<br />3,176,056
<br />$ 4,152,633
<br />$ 4,148,508
<br />$ 4,147,008
<br />$ 4,175,633
<br />$ 4,175,133
<br />New Debt Service
<br />$
<br />-
<br />$ -
<br />$ -
<br />$ -
<br />$ -
<br />$ -
<br />Total Rate Funded Debt Service
<br />$
<br />3,176,056
<br />$ 4,152,633
<br />$ 4,148,508
<br />$ 4,147,008
<br />$ 4,175,633
<br />$ 4,175,133
<br />DSCR
<br />Total Operating and Debt Service
<br />----------------------------------------------------
<br />Total Operating and Debt Net Revenues
<br />$
<br />--------------------
<br />$
<br />1.04
<br />76,669,136
<br />L-------------------j-----------------------------------------1-----------------------------------------
<br />130,213
<br />0.12
<br />$ 80,629,256 $
<br />$ (3,660,960) $
<br />-0.60
<br />83,730,500 $
<br />(6,652,241) $
<br />1.33
<br />86,917,197 $
<br />(9,667,955) $
<br />2.08
<br />90,275,515 $
<br />(12,848,470) $
<br />2.83
<br />93,542,900
<br />(16,007,402)
<br />Capital Expenditure
<br />$
<br />--------------------------------------
<br />$
<br />--------------------
<br />$
<br />3,548,463
<br />(3,418,250)
<br />581,750
<br />------------------------------------------------------------------------------------------------
<br />$ 4,000,000
<br />$ (7,660,960)
<br />-
<br />$ (7,079,210)
<br />$ 6,000,000
<br />-
<br />$ (12,652,241)
<br />-------
<br />($19,731,451)
<br />$ 8,000,000
<br />------
<br />$ (17,667,955)
<br />---------------------------------------------
<br />($37,399,406)
<br />$ 10,000,000
<br />$ (22,848,470)
<br />($60,247,876)
<br />$ 12,000,000
<br />--------------------
<br />$ (28,007,402)
<br />($88,255,278)
<br />-- ----- --
<br />Net Income
<br />— — — — — — —
<br />Ending Balance
<br />City of Santa Ana - 2026 Water and Sewer Rate Study 24
<br />
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