C152718 Feasibilty Study

• Contract/PO #: C153718
• Contractor Name: Morgan County Quality Water District
• Contract Type: Loan
• Water District: 0
• County: Morgan
• Bill Number: HB 95-1155
• Loan Projects - Doc Type: Feasibility Study

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SECTION 11
FINANCIAL PROJECTIONS

GENERAL
All revenues and expenses are swnmarized Ut Table Number 10 to illustrate the financial ability
of the District to undertake the needed present and future improvements.

Following is a brief description of each of the:: colunms in Table Number Ten:

Column 1
Column 2

Column 3
Column 4

Column 5

Column 6
Column 7

Column 8

Column 9
Column 10

Column 11

Column 12
Column 13
Column 14

Column 15

Column 16
Column 17

Column 18

Column 19
Column 20

Self explanatOlY.
The number of taps expected to be connected to the system at the end of the
year.
The amount of water expected to be used during the calendar year in acre feet.
The revenue expected to be ge::nerated from water sales during the calendar
year.
The revenue expected to be generated from the sale of taps during the calendar
year.
The amount of tax revenue ex:pected to be collected during the:: calendar year.
Total revenue expected to be collected from water sales, tap fees and taxes
during the calendar year.
Expenses expected to be incurred for operating and maintaining the system
during the calendar year, not including the cost of pumping.
Expenses expected to be incurred for all pumping during the calendar year.
Estimated amount to be paid to the Northern Colorado Water Conservancy
District for maintaining the pipeline from Carter Lake
A reserve for lateral line improvements and appurtenances needed to
accommodate growth
Total ofcolunms 8,9,10,&11.
Net operating income less opefating expenses for the:: calendar year.
Principal and interest for the e;risting loan from the Colorado Water Resources
and Development Authority for the calendar year.
Principal and interest for the e;risting loan from the Colorado Water
Conservation Board for the calendar year.
Anticipated future construction costs to be funded from reserve::s.
Principal and interest for the loan of $1,090,000 being requested from the
Colorado Water Conservation Board.
Principal and interest for the loan of $1,090,000 being requested from the
Colorado Water Resources and Power Development Authority.
Sutplus funds expected to be generated during the calendar year.
Accumulated sutplus funds.

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