Hist and Proj Operating Receipts FY 2011 2 17 2010 - DC Water

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$16.47
$18.95
$21.62
Rate Stabilization Fund - Consistent with Board policy, in years where our financial performance is better than projected, we set
aside additional funds that we use in future years where capital spending and debt service peak, helping to avoid "spikes" in rate
increases for our retail customers. At the end of FY 2009, the Rate Stabilization Fund (RSF) balance totaled $28.6 million.
The RSF is in addition to the Board-required 120 calendar days of budgeted operations and maintenance reserve. Additional
contributions will be determined each year based on actual financial performance, and only if all other Board policy and indenture
requirements are met. The FY 2011 budget projects full utilization of the RSF by the end of the fiscal year.
Customer Assistance Program (CAP) Discount - We are continuing our commitment to help improve the quality of life for those of
our customers who are least able to pay, by providing relief through our customer assistance programs (CAP). Since 2001, we have
provided eligible customers a discount of 4 Ccfs per month on their water bills. In FY 2009, DC WASA's Board of Directors approved
the expansion of the Customer Assistance Program (CAP) to provide a discount on sewer charges in addition to the discount
currently provided on water. In FY 2010, DC WASA's Board of Directors approved advertisement of a proposal to expand the
Customer Assistance Program (CAP) to provide a discount on PILOT/ROW fees effective FY 2011. If adopted in September 2010,
this discount would be in addition to the current discount provided on water and sewer. In FY 2009, this discount provided up to
$277 in annual discounts to income eligible customers. In FY 2009, DC WASA provided discounts to 6,458 customers representing
$903,915 through September 2009. The District Department of Environment, Office of Energy, administers this program for the
Authority and several other local utilities.
Budget Overview and Performance
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