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The estimated budget impacts for the above issues are as follows: <br />PROJECT <br />Co Rd 33 relocation <br />Co Rd 40 rebuild <br />Parrish Ave rebuild <br />3 Otsego feeders <br />Higher grade Padmount Switchgear <br />Otsego Super Target <br />Highland Ave rebuild <br />Dodge Ave rebuild <br />ANTICIPATED COST BUDGET COST <br />$255,000 $70,000 <br />$150,000 $35,000 <br />$ 3 80,000 -------- <br />$570,000 $400,000 <br />$326,000 $163,000 <br />In development budget <br />$25,000 ? -------- <br />$15,000 ? -------- <br />$1,721,000 <br />$668,000 <br />We need to find $1,053,000 ($1,721,000-$668,000) - We have the following budgeted <br />resources to make up this deficit. <br />Do not rebuild area 16 <br />Do not rebuild area 21 <br />Do not rebuild area 17 <br />Delay service territory <br />Acquisition area 17 <br />Law suit settlement <br />$80,000 <br />$90,000 <br />$50,000 <br />$250,000 <br />$279,000 <br />$749,000 <br />We have a couple of choices of funding the remaining $304,000 ($1,053,000-$749,000). <br />If the other data center develops, we can bond for the additional amount. The other <br />option is to use our cash reserves to fund it for the year and delay other projects in 2007 <br />to rebuild the cash reserves. Our Springstad cash flow model will be updated to verify if <br />the last is a reasonable approach. <br />