Hist and Proj Operating Receipts FY 2011 2 17 2010 - DC Water
Hist and Proj Operating Receipts FY 2011 2 17 2010 - DC Water Hist and Proj Operating Receipts FY 2011 2 17 2010 - DC Water
BOARD OF DIRECTORS: DC WASA's governing board (the Board), which includes 11 primary members, six members from the District of Columbia, two members each from Montgomery and Prince George's Counties in Maryland, and one member from Fairfax County, Virginia. BOND: An obligation issued by DC WASA promising to pay a specified sum of money (called principal or face value) at a specified future date (called the maturity date) along with periodic interest paid at a specified percentage of the principal (interest rate). Bonds are typically issued to fund specific capital improvement expenditures. BUDGET: A plan of financial operations including an estimate of proposed expenditures and revenues for a fiscal period. The budget establishes funding levels for continuing seNice programs, operation and maintenance of public facilities, and principal and interest payments on bonded indebtedness. Recurring replacement of capital outlay and minor new capital outlay items are included. CAPACITY MANAGEMENT OPERATION and MAINTENANCE (CMOM): A standard framework for municipal sewer collection systems to identify and incorporate widely-accepted wastewater industry practices to meet regulatory compliance. CAPITAL BUDGET: A plan for investment in long-term assets such as buildings, plant, and equipment. DC WASA's capital budget includes project schedules and funding needed to acquire, improve or construct properties or facilities to enhance water and sewer seNices to our customers. CAPITAL EQUIPMENT: A capital asset with a useful life of at least 3 years, a cost exceeding $5,000 and is financed with short-term debt or cash. Examples include rolling stock and computer equipment. CAPITAL IMPROVEMENT PROGRAM (CIP): A plan, which identifies the nature, schedule and cost of long-term improvements to DC WASA's infrastructure. CERIDIAN: DC WASA's fully integrated payroll and personnel system designed to accommodate a variety of pay, leave, and work rules and to provide a comprehensive set of human resource applications. CHLORAMINATION: The process of adding chloramines to drinking water. Chloramine, a form of chlorine and ammonia, is used as a disinfectant by the Washington Aqueduct. COMBINED SEWER OVERFLOWS (CSO): Discharge of untreated wastewater (a mixture of storm water and sanitary waste) directly to waterways during periods of significant rainfall. COMBINED SEWER OVERFLOW LONG-TERM CONTROL PLAN (CSO LTCP): Draft plan prepared by DC WASA and to be submitted to the EPA to address CSOs.
COMBINED SEWER SYSTEM LONG-TERM CONTROL PLAN (CSS LTCP): Final plan submitted by DC WASA in July 2002 and approved by EPA in March 2005 to control Combined Sewer Overflow (CSO's) to the Districts waterways. COMMERCIAL PAPER: Short-term (less than 270 days) notes issued by DC WASA to provide interim financing of its capital improvement program. Commercial paper typically carries lower interest rates than long-term debt and is issued on a subordinate basis. DEBT RATING: An independent opinion, based on a comprehensive quantitative and qualitative evaluation, of a company's financial position, operating performance, business profile and management. Specifically, the debt rating reflects a company's ability to meet its obligations to repay interest and principal on outstanding obligations to investors. DC WASA's bond ratings provided by Moody's Investors Service, Standard & Poor's and Fitch Ratings are Aa3, AA-, AA-, respectively. DEBT SERVICE COVERAGE: Requirement of DC WASA's master trust indenture and Board policy that provides that annual revenue available to pay debt service must exceed annual debt service by a certain percentage. DC WASA's master trust indenture requires 120 percent senior debt service coverage; DC WASA Board policy requires 140 percent senior debt service coverage. EGG SHAPED DIGESTER FACILITY (EDF): A new advanced digestion facility capable of anaerobically digesting all biosolids generated at the Blue Plains AWTP ENABLING ACT: Legislation which established DC WASA and defined its purpose and authority. DC WASA's enabling legislation was initially enacted in 1996. ENCUMBRANCES: Obligations in the form of purchase orders, contracts or salary commitments which are chargeable to an appropriation and for which a part of the appropriation is reserved. They cease to be encumbrances when paid or when an actual liability is released. ENTERPRISE FUND: A fund established to finance and account for the acquisition, operation, and maintenance of governmental facilities and services, which are entirely or predominantly self-supporting by user charges. This type of fund uses the accrual basis of accounting. DC WASA is responsible for two enterprise funds: 1) Water and Sewer Enterprise Fund 2) The District of Columbia Stormwater Enterprise Fund
- Page 274 and 275: OVERVIEW FY 2010 Major Recommended
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- Page 297 and 298: MISSION: To deliver high quality, i
- Page 299 and 300: During FY 2009, the Authority conti
- Page 301 and 302: and regulations for using electroni
- Page 303 and 304: To support employees' educational a
- Page 306 and 307: FY 2011 Budget $6,517,000 Su ASSIST
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- Page 311 and 312: MISSION: To procure, on time and wi
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- Page 316: OVERVIEW FY 2010 Major Recommended
- Page 319 and 320: BUDGET OVERVIEW: The FY 2010 revise
- Page 322 and 323: District of Columbia Water and Sewe
- Page 326 and 327: FIXED ASSET: Long-lived property ow
- Page 328 and 329: PAYMENT IN LIEU of TAXES (PILOT): A
- Page 330 and 331: DETS: DEPARTMENT OF ENGINEERING AND
- Page 332 and 333: MBE: MINORITY BUSINESS ENTERPRISE R
- Page 334 and 335: WHEREAS, after extensive discussion
- Page 336 and 337: WHEREAS, during the January 2010 me
- Page 338 and 339: and Budget Committees Uointly refer
- Page 340 and 341: Capital Improvement Plan Descriptio
- Page 342 and 343: WHEREAS, on December 17, 2009, the
- Page 344 and 345: FY 2009 - FY 2018 PROJECTED CAPITAL
- Page 346 and 347: The Board of Directors hereby appro
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- Page 353 and 354: Plan for WASA Board's Low Impact De
- Page 355 and 356: Presented and Adopted: February 4,
- Page 357 and 358: Presented and Adopted: February 4,2
- Page 359 and 360: 1. The Board finds that the Authori
BOARD OF DIRECTORS: <strong>DC</strong> WASA's governing board (the Board), which includes 11 primary members, six members from the District of<br />
Columbia, two members each from Montgomery <strong>and</strong> Prince George's Counties in Maryl<strong>and</strong>, <strong>and</strong> one member from Fairfax County, Virginia.<br />
BOND: An obligation issued by <strong>DC</strong> WASA promising to pay a specified sum of money (called principal or face value) at a specified future date<br />
(called the maturity date) along with periodic interest paid at a specified percentage of the principal (interest rate). Bonds are typically issued to<br />
fund specific capital improvement expenditures.<br />
BUDGET: A plan of financial operations including an estimate of proposed expenditures <strong>and</strong> revenues for a fiscal period. The budget establishes<br />
funding levels for continuing seNice programs, operation <strong>and</strong> maintenance of public facilities, <strong>and</strong> principal <strong>and</strong> interest payments on bonded<br />
indebtedness. Recurring replacement of capital outlay <strong>and</strong> minor new capital outlay items are included.<br />
CAPACITY MANAGEMENT OPERATION <strong>and</strong> MAINTENANCE (CMOM): A st<strong>and</strong>ard framework for municipal sewer collection systems to<br />
identify <strong>and</strong> incorporate widely-accepted wastewater industry practices to meet regulatory compliance.<br />
CAPITAL BUDGET: A plan for investment in long-term assets such as buildings, plant, <strong>and</strong> equipment. <strong>DC</strong> WASA's capital budget includes<br />
project schedules <strong>and</strong> funding needed to acquire, improve or construct properties or facilities to enhance water <strong>and</strong> sewer seNices to our<br />
customers.<br />
CAPITAL EQUIPMENT: A capital asset with a useful life of at least 3 years, a cost exceeding $5,000 <strong>and</strong> is financed with short-term debt or cash.<br />
Examples include rolling stock <strong>and</strong> computer equipment.<br />
CAPITAL IMPROVEMENT PROGRAM (CIP): A plan, which identifies the nature, schedule <strong>and</strong> cost of long-term improvements to <strong>DC</strong> WASA's<br />
infrastructure.<br />
CERIDIAN: <strong>DC</strong> WASA's fully integrated payroll <strong>and</strong> personnel system designed to accommodate a variety of pay, leave, <strong>and</strong> work rules <strong>and</strong> to<br />
provide a comprehensive set of human resource applications.<br />
CHLORAMINATION: The process of adding chloramines to drinking water. Chloramine, a form of chlorine <strong>and</strong> ammonia, is used as a<br />
disinfectant by the Washington Aqueduct.<br />
COMBINED SEWER OVERFLOWS (CSO): Discharge of untreated wastewater (a mixture of storm water <strong>and</strong> sanitary waste) directly to<br />
waterways during periods of significant rainfall.<br />
COMBINED SEWER OVERFLOW LONG-TERM CONTROL PLAN (CSO LTCP): Draft plan prepared by <strong>DC</strong> WASA <strong>and</strong> to be submitted to the<br />
EPA to address CSOs.