manitou springs city council regular meeting agenda city council

NOTES:
a. The Water Dept. budget is on a cash basis; accounting is on an accrual basis (capital expenses
and debt payments are budgeted as operating expenses; depreciation expense is not).
b. Revenues, in 2012, were based on a $4.35/1000 gallon. In 2013, it's based on $4.70/1000 gallon.
c. Salaries & Personnel Benefits are based upon allocations determined by the Public Service
Director.
d. Overtime has been increased to include an "On Call" stipend.
e. After September 2012 ($8,382 spent earlier in the year), the remaining ARRA funds left, are
$312,123 which will be spent on remaining ARRA projects, this includes a ballast tank.
f. In 2012, to be spent completing the ballast tank. In 2013, Replacement of water main on Waltham
Ave.
g. The water Enterprise department will lease/purchase equipment to be used jointly on a 60/40%
basis with the Sewer. The equipment is as follows: a mobile diesel air compressor
h. Zero interest ARRA drinking water loans, for $1,241,361; $537,278; $1,241,361, respectively, 20
year terms. Beginning date of notes - 9/29/09
i. Debt service for the mobile diesel air compressor
j. Administrative Support fees have been re-allocated to be consistent with the 60%/40% split on
operating costs traditionally maintained between the Water and Sewer operating funds. In
FY2010, fees were adjusted in accordance with inflation accumulated since the beginning of
FY2002. In 2013, they have been adjusted for the 3% COLA given in 2012.
k. The "in lieu of taxes" is based on the current general fund sales tax rate of 3.5% multiplied by
the revenue from the sale of the commodity, water, revenue.
l. two new compressors for the treatment plant
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