C150243 PIF Documents

• Contract/PO #: C150243
• Contractor Name: Aurora, City of
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

Operating Costs
The Cash Flow Model includes projected increases in operating and maintenance costs.
These projections include the need for significant additional personnel over the next few
years to oversee the delivery of the major capital improvements program and new facilities.
Projections of operating costs for existing and new facilities are also included.
Cash Flow Model Results and Analysis, Rate Structure
The Cash Flow Model extends beyond the initial five year period (to 2030)to illustrate that
the Financial Plan has long-term viability.This long term perspective is important because
near-term debt is issued for up to 30 years and further capital projects and subsequent debt
will extend well beyond 2011.Rates and tap fee increases have been approved for 2007 and
2008. Rates and fees beyond 2008 have not yet been adopted by the City,and are shown as
representative of the rates and fees required for Aurora Water to meet its currently projected
operating and capital needs and current financial management goals.Any rate and fee
structures reported beyond 2008 must therefore be considered as preliminary and subject to
change as future capital project investments are adjusted to meet the City's needs and City
Council takes actions on any adjustments to revenue sources that may be needed.
Attached to this report for reference is a portion of Aurora Water's cash flow model,for the
time period 2007-2040.
Cash Flow Requirements
The PWP has developed monthly, quarterly,and annual estimates of required cash flow for
the design and construction of the pipeline and pump station projects.Anticipated annual
cash flow requirements are summarized in Table 2 below.
TABLE 3.Annual Cash Flow Requirements for PWP Pipeline and Pump Station Bid Packages($million),rounded to the nearest
$0.01 million
Budgeted 2005 2006 2007 2008 2009 2010 Period
Cost Total
Bid Package E-Pumping Stations 1,2,&3
$67.00 $0.28 $3.94 $0.96 $17.84 $30.85 $13.13 $67.00
Bid Package G-Conveyance Pipeline Segment 1
$83.82 $0.18 $1.74 $11.92 $40.22 $25.61 $4.15 $83.82
Bid Package H-Conveyance Pipeline Segment 2
$69.18 $0.17 $2.33 $0.04 $42.73 $18.94 $4.97 $69.18
Bid Package I-Conveyance Pipeline Segment 3
$45.91 $0.12 $1.42 $24.41 $17.17 $2.79 - $45.90
Total by Year $265.91 $0.75 $9.43 $37.33 $117.96 $78.19 $22.25 $265.91
Cumulative Total $0.75 $10.18 $47.51 $165.47 $243.66 $265.91
*Includes design, construction, construction management, and engineering services during construction.
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