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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 />Rate Month Implemented
<br />Cash Position Opening Balance
<br />0.0%
<br />FY 2026
<br />$ 4,000,000
<br />0.0%
<br />FY 2027
<br />$ 581,826
<br />0.0%
<br />FY 2028
<br />$ (6,770,055)
<br />0.0%
<br />FY 2029
<br />$ (19,114,342)
<br />0.0%
<br />FY 2030
<br />$ (36,475,592)
<br />0.0%
<br />FY 2031
<br />$ (58,990,983)
<br />Revenues
<br />Water Rate Revenue
<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 />Other Operating Revenue
<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 />$ 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 />$ 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 />Net Operating Revenues
<br />$ 73,493,080
<br />$ 3,306,269
<br />$ 76,476,623
<br />$ 491,673
<br />$ 79,581,992 $
<br />$ (2,503,733) $
<br />82,770,189
<br />(5,520,947)
<br />$ 86,099,883
<br />$ (8,672,837)
<br />$ 89,367,767
<br />$ (11,832,269)
<br />Current Rate Funded Debt Service
<br />New Debt Service
<br />Total Rate Funded Debt Service
<br />$ 3,272,735
<br />$ -
<br />$ 3,272,735
<br />$ 3,843,554
<br />$ -
<br />$ 3,843,554
<br />$ 3,840,554
<br />$ -
<br />$ 3,840,554
<br />$ 3,840,304
<br />$ -
<br />$ 3,840,304
<br />$ 3,842,554
<br />$ -
<br />$ 3,842,554
<br />$ 3,842,054
<br />$ -
<br />$ 3,842,054
<br />DSCR
<br />1.01
<br />0.13
<br />-0.65
<br />-1.44
<br />-2.26
<br />-3.08
<br />Total Operating and Debt Service
<br />$ 76,765,815
<br />$ 80,320,176
<br />$ 83,422,546
<br />$ 86,610,492
<br />$ 89,942,436
<br />$ 93,209,820
<br />Total Operating and Debt Net Revenues
<br />Capital Expenditure
<br />$ 33,534
<br />$ 3,451,708
<br />$ (3,418,174)
<br />$ (3,351,881)
<br />$ 4,000,000
<br />$ (7,351,881)
<br />$ (6,344,287)
<br />$ 6,000,000
<br />$ (12,344,287)
<br />$ (9,361,250)
<br />$ 8,000,000
<br />$ (17,361,250)
<br />$ (12,515,391)
<br />$ 10,000,000
<br />$ (22,515,391)
<br />$ (15,674,323)
<br />$ 12,000,000
<br />$ (27,674,323)
<br />Net Income
<br />Ending Balance
<br />$ 581,826
<br />$ (6,770,055)
<br />($19,114,342)
<br />($36,475,592)
<br />($58,990,983)
<br />($86,665,306)
<br />CiQW&oAM®jiha - 2026 Water and Sewer Rate Study 23 - 50 3/17/2026 23
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