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
District of Columbia Water and Sewer Authority o p e r at i n g b u d g e t s r e v i s e d f y 2010 and a p p r o v e d f y 2011 Section IV f i n a n c i a l pl a n DC WASA continues to invest in its employees by funding training and development activities to build skills in operations, safety, and technology. Through the Operation Trainee Program, employees receive classroom and on-the-job training in the wastewater treatment field in preparation for certification testing.
WASA Key Flr,ltr,¡cnl PorlctEs DEBT SERVICE COVERAGE - DC WASA will set rates and develop operating and capital budgets that ensure senior debt seruice coverage of 140 percent This coverage level exceeds DC WASA's bond indenture requirement of 120 percent senior debt service coverage CASH RESERVES - maintenance with the objective of maintaining at least $125.5 million in operating reserves. DC WASA will maintain cash reselves equivalent to 120 days of budgeted operations and PAY-GO F¡NANCING OF CAPITAL -- WASA will finance a portion of its capital program on a pay-go basis from cash balances that exceed the operating & maintenance resewe level. . RATE€ETTINGPRINCIPLES DC WASA's rates and fees will be based on the actual cost to deliver each service. Rate increases will be implemented in a gradual and predictable manner, avoiding large one-time rate increases. RATE STABILIZATION FUND -- Once DC WASA achieves its required level of cash reserves, a rate stabilization fund will be established to avoid "rate shock." At the end of FY 2009, DC WASA's rate stabilization fund totaled $28.6 million. tv -2
- Page 39 and 40: CI> E! $25.00 .s::. ••• U ~ $
- Page 41 and 42: This Strategic Plan Critical Succes
- Page 43 and 44: FY 2010 & FY 2011 Operating (In 000
- Page 45 and 46: Overtime History Dollars and Hours
- Page 47 and 48: In FY 2009, we completed a study of
- Page 49 and 50: DC WASA's ten-year capital improvem
- Page 51 and 52: • Local and Minority Business Rev
- Page 53 and 54: target for replacement of non-stand
- Page 55 and 56: DC WASA continues to invest in wate
- Page 57 and 58: Anacostia and Rock Creek Park, and
- Page 59 and 60: modification to the permit reducing
- Page 61 and 62: ELECTRICITY PRICING (ALL-IN-COST) $
- Page 63 and 64: carbon footprint legislation and re
- Page 65 and 66: • Automated Fuel Tracking - to fa
- Page 67 and 68: (AWWA) verifies that the growing re
- Page 69 and 70: Total Rewards Statements - During F
- Page 71 and 72: People Working Together to Make A D
- Page 73 and 74: DC WASA's contractor lost workday c
- Page 75 and 76: District of Columbia Water and Sewe
- Page 77 and 78: District of Columbia Water and Sewe
- Page 79 and 80: Regional Macro-Economics DC WASlt's
- Page 81 and 82: KEY FACTS There appears to be a dir
- Page 83 and 84: FY 2010 Revised Budget ($ooo's¡ CA
- Page 85 and 86: Comoarative Exoenditures ($000's) F
- Page 87 and 88: ACCOUNTING AND BUDGET PROCESSES Bas
- Page 89: FY 2O1l Budget Galendar Month Event
- Page 93 and 94: Financing and Reserue Policies ln F
- Page 95 and 96: Gustomer Demand and Demographics -
- Page 97 and 98: DCCommercialWater Denund rr. Commer
- Page 99 and 100: and implementation of successful pr
- Page 101 and 102: - DC WASA changed banks on Septembe
- Page 103 and 104: Raúes. The proposed rate and fee a
- Page 105 and 106: The proposed monthly IAC charge for
- Page 107 and 108: under the program by DDOE and to mi
- Page 109 and 110: CSO LTCP Spending by Year 123.3 y4.
- Page 111 and 112: 14. Projected decrease in IAC reven
- Page 113 and 114: Wholesale - DC WASA's wholesale cus
- Page 115 and 116: O p e rati n g Ex pen d itu res As
- Page 117 and 118: the District of Columbia government
- Page 119 and 120: . Wholesale Capital Payments - Appr
- Page 121 and 122: Indenture-Required Operating Reserv
- Page 123 and 124: Water and Sewer System Facility Pla
- Page 125 and 126: and a poss¡ble 2,215 customers wer
- Page 127 and 128: Revenues The proposed FY 2010 recei
- Page 129 and 130: consumption and rate increases, and
- Page 131 and 132: * DC WASA's share of the District's
- Page 133 and 134: FY 2009. The commercial paper progr
- Page 135 and 136: Capital Financing Program, Cash Pos
- Page 137 and 138: Cash Position & Reserwes Cash balan
- Page 139 and 140: Long-Term Operational and Financial
WASA Key Flr,ltr,¡cnl PorlctEs<br />
DEBT SERVICE COVERAGE - <strong>DC</strong> WASA will set rates <strong>and</strong> develop operating <strong>and</strong> capital budgets that ensure<br />
senior debt seruice coverage of 140 percent<br />
This coverage level exceeds <strong>DC</strong> WASA's bond indenture requirement of 120 percent senior debt service coverage<br />
CASH RESERVES -<br />
maintenance with the objective of maintaining at least $125.5 million in operating reserves.<br />
<strong>DC</strong> WASA will maintain cash reselves equivalent to 120 days of budgeted operations <strong>and</strong><br />
PAY-GO F¡NANCING OF CAPITAL -- WASA will finance a portion of its capital program on a pay-go basis from<br />
cash balances that exceed the operating & maintenance resewe level.<br />
. RATE€ETTINGPRINCIPLES<br />
<strong>DC</strong> WASA's rates <strong>and</strong> fees will be based on the actual cost to deliver each service.<br />
Rate increases will be implemented in a gradual <strong>and</strong> predictable manner, avoiding large one-time rate increases.<br />
RATE STABILIZATION FUND -- Once <strong>DC</strong> WASA achieves its required level of cash reserves, a rate stabilization fund<br />
will be established to avoid "rate shock." At the end of <strong>FY</strong> 2009, <strong>DC</strong> WASA's rate stabilization fund totaled $28.6<br />
million.<br />
tv -2
Change language