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HomeMy WebLinkAbout08.a. Summary of Scenarios Referred to in the Financial ReportSummary of Scenarios Referred to in the Financial Report Scenario ID Description 2014 -15 Rate Increase 2015 -16 Rate increase 2016 -17 Rate Increase 2017 -18 Rate Increase ' 2018 -19 Rate Increase 2019.20 Rate Increase 2020 -21 Rate increase n 2021 -22 Rate Increase 9 2022 -23 Rate Increase 10 2023.24 Rate Increase Baseline Prior Year 2013 -14 Scenario used for Rate Setting (June 2013) $ 34 $ 37 $ 36 $ 35 $ 34 $ 33 $ 20 $ - $ N/A 1 A Updated 2013 with New Known Rates, Reduced CIB Due to Removal of Nitrification $ 37 $ 37 $ 35 $ 26 $ - $ - $ - $ _ $ _ $ " 1 B Scenario #1 with $34 SSC Increase in Year 1 $ 34 $ 40 $ 38 $ 23 $ - $ - $ - $ _ $ _ $ _ 1C Scenario #1 with $34 SSC increase in Year 1 AND CPI in Annual Increases in Out -Years $ 34 $ 40 $ 38 $ 22 $ 16 $ 17 $ 17 $ 18 $ 18 $ 19 2 #1 with 20% Cut to Capital Year 1; Defer Cut Amounts into Remaining 9 Years $ 33 $ 33 $ 33 $ 32 $ - $ - $ - $ _ $ _ $ - 3 #1 with Lowest SSC Increase Year 1 and made up in Year 2 $ 7 $ 83 $ 34 $ 10 $ - $ - $ _ $ $ _ $ _ 4 #1 with 10% Cut to O &M Expenses Every Year (not compounded) $ 25 $ 25 $ 25 $ 25 $ 9 $ - $ $ _ $ _ $ _ 5 #1 with 10% Cut to O &M Expenses Every Year and those funds rolled into CIP Expenditures $ 34 $ 36 $ 34 $ 27 $ - $ - $ _ $ _ $ _ $ ' 6 #1 with No Additional UAAL Discretionary Payments ($5 & $10 million payments) $ 21 $ 21 $ 20 $ 18 $ 18 $ 9 $ 8 $ 8 $ 7 $ 7 7 #1 with $10M UAAL payments reduced to $5M (Removes $30M Total from Plan) $ 25 $ 24 $ 24 $ 24 $ 13 $ - $ - $ _ $ _ $ ' 8 #1 with 5% Cut to O &M Expenses Every Year (not compounded) and $10M UAAL payments reduced to $5M $ 31 $ 31 $ 30 $ 30 $ - $ - $ _ $ $ _ $ - 9 #1 with FY 2013 -14 Finishing with a $10M Favorable Variance Compared to Budget $ 32 $ 32 $ 32 $ 31 $ $ - $ - $ _ $ $ ; 10 #1 with No Annual CCCERA Prepayment $ 34 $ 33 $ 33 $ 33 $ - $ _ $ _ $ _ $ _ $ _ 13- 10 -Year I ` °° Ending Funds Total Available $ 634 1 $ 20,250,000 $ 540 1 $ 3,910,000 $ 540 1$ 3,890,000 $ 644 1 $ 66,580,000 $ 536 1 $ 520,000 $ 539 1$ 2,730,000 s 514 1 $ 4,480,000 6 536 1 $ 4,010,000 i 542 Is 11o,000 515 1$ 18o,000 i 527 1 $ 860,000 532 1$ 460,000 538 Is 19o,000 001 .