Colorado Water Resources & Power Development Authority Jan 2003

• Year: 2003
• Title: Board of Directors Meeting
• Author: Colorado Water Resoures & Power Development Authority
• Description: Board of Director Meeting Jan 24, 2003
• Publications - Doc Type: Other

9 Coverage Ratio [(TR - OE) /DS]
Total Revenues 422,938
-
minus Operating Expenses 316.024
_ $106,914
_
'
Current Debt $69,433
=
153.98%
Service
10 Coverage Ratio Excluding Tap &
Development Fee Revenue
$106,914
-
minus Tap & Dev. Fee Rev. $45,000
_ $61,914
'
Current Debt $69,433
89.17%
Service
11 Projected Coverage Ratio
Total Revenues 422,938
-
minus Operating Expenses 316.024
_ $106,914
_
'
Total Debt Service $290,083
=
36.86%
(with new loan)
12 Projected Coverage Excluding
Tap & Dev. Fee Revenue
106,914
-
minus Tap & Dev. Fee Rev. 45.000
_ $61,914
_
Total Debt Service $290,083
=
21.34%
with new loan)
13 Current Debt Service $69,433
_
Number of Taps 720
=
$96.43
Total Annual New Water Debt $220,650
Number of Taps 720
=
$306.46
Service
14 2001 Annual Water Rate $360.00
_
MHI $50,764
=
0.71%
(monthly rate X 12)
2001 Annual Water Rate + New $666.46
MHI $50,764
=
1.31%
Annual Debt Service per Tap
15 Current 2003 monthly User Charge $36.40
Debt Service on DWRF loan /2002 Taps /month $25.40
Total $61.80
Town of Lyons •