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<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
<br />I
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<br />Table 7 - Ute WCD Revenue by Source. 1995 -1997
<br />
<br />Revenue Source
<br />eratin Revenue I
<br />Ta Fees
<br />Pro ert Taxes (2)
<br />Invest. and Misc. Income
<br />Total 3)
<br />(I) Water sales and service charges
<br />(2) Current levy is 2.000 mills
<br />(3) Revenue from other sources than those listed were reported in some years
<br />
<br />
<br />1995
<br />$4,954,843
<br />2,020,682
<br />763,583
<br />2,397
<br />$7,741,505
<br />
<br />1996
<br />$5,493,948
<br />2,577,653
<br />873,353
<br />1 ,569,508
<br />$10,514,462
<br />
<br />1997
<br />$5,407,206
<br />2,926,093
<br />917,279
<br />1,905,680
<br />$11,156,258
<br />
<br />Rates
<br />
<br />The District's current residential rate structure for o/.!-inch and I-inch metered connections
<br />consists of an $8.00 minimum charge for the first 3,000 gallons and $2.10 per 1,000 for
<br />usage in excess of 3,000 gallons. Tap fees for o/.!-inch and I-inch taps are currently $3,200
<br />and $4,800 respectively. The average residential water bill is estimated at $20 per month
<br />at the present time. .
<br />
<br />Lone-Term Debt
<br />
<br />The District's present debt structure consists of six CWCB Construction Fund loans, two
<br />revenue bond issues, and three relatively small notes. The District is current on all
<br />CWCB loans. The debt schedule is summarized in Table 8.
<br />
<br />Table 8 - Ute WCD Long-Term Debt Schedule
<br />
<br />Item Year Maturity Annual Outstanding
<br /> Incurred Pavment Balance
<br />CWCB Loan, C-153329 1980 2021 $50,520 $762,332
<br />CWCB Loan, C-153380 1982 2013 521,172 5,409 ,623
<br />CWCB Loan,C-153489 1987 2007 8,094 62,500
<br />CWCB Loan, C.153583 1990 2007 1,714 13,225
<br />CWCB Loan ,C-153670A 1994 2025 26,020 387,657
<br />CWCB Loan, C-153670B 1995 (a) $490,325(a) 1,110,349
<br />Subtotal CWCB Debt $7,745,686
<br />1995 Water Rev. Bonds 1995 2006 Variable $5,530,000
<br />1997 Water Rev. Bonds 1997 2002 Variable 5,510,000
<br />Citv of Fruita Note 1984 2023 $12,233 478,820
<br />Citv of Fruita Note 1984 2023 30,710 178,859
<br />Land Note 1996 2006 Variable 60,000
<br />Subtotal Other Debt $11,757,679
<br />Total All Debt $19,503,365
<br />
<br />(a) Payments to begin at completion of Plateau Creek Pipeline Project
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