HomeMy WebLinkAboutMWMC Comparison and Reserve Charts 23RevisedUser fees,
Septage fees
Interest income
Other Operating Revenues
Opera ng Reserve
$5.5M — 12.5%
Rate Stability Reserve
$2M — 4.5%
Working Capital Reserve
$900K — 2.0%
Insurance Reserve
$1.5M — 3.4%
Capital Reserve
$13.6M — 30.5%
Equip. Replacement Reserve
$12.2M — 27.5%
SDC Reserves
$6.7M — 15.1%
SDC reimbursement fees
SDC Improvement fees
Interest earnings
To cover cash flow needs between receipts
To cover expenses for 2 months in unforeseen circumstances.
For use to avoid major rate swings
Required by bond covenants, it’s only use is to increase net reve-
nues if ever we are in danger of not mee ng our coverage ra o.
Required by DEQ loan documents to guarantee payment of debt
service on SRF loans.
Toward high deduc ble in the event of major claim.
To fund capital projects as determined by the Commission in the
CIP plan.
Funded by opera ng revenues to save for recurring replacement of
equipment and vehicles as determined by the asset management
team.
Used for capital projects that qualify for use of SDC revenues per
ORS 223.307 including debt service repayment.
Rate Stabiliza on Reserve
$2M — 4.5%
SRF Loan Reserves
$50K — 0.1%
Reserves as of 6/30/23
Total of Reserves: $44.5M