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10.1. SR 11-01-2021
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10.1. SR 11-01-2021
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11/1/2021 4:36:14 PM
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Summary Memorandum <br />Re: Sewer Revenue Adequacy <br />October 21, 2021 <br />Total Projected Revenue Requirements <br />Table 7 summarizes the total projected Sewer revenue requirements for 2022 through 2026. <br />The R&R reserve contributions in Table 7 are based on funding depreciation. <br />Table 7: Projected City of Elk River Sewer Revenue Requirements 2022-2026 <br />Projected Projected Projected Projected Projected <br />Revenue Requirements <br />2022 2023 2024 2025 2026 <br />O&M $2,008,150 $2,081,876 $2,139,382 $2,198,614 $2,259,622 <br />Capital: Debt Service $608,650 $592,000 $586,800 $591,600 $591,300 <br />Capital: Rate-Funded CIP $624,800 $382,372 $393,843 $405,659 $417,828 <br />Capital: R&R Reserves $664,992 $912,193 $956,959 $993,123 $1,035,727 <br />Total Revenue <br />$3,308,494 $3,530,546 $3,769,250 $4,027,635 $4,307,730 <br />Requirements <br /> <br /> <br /> <br /> <br />Project Number Page 8 of 20 <br />Think Big. Go Beyond. www.ae2s.com <br /> <br />
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