Assumptions for FY 2003-2004 Budget Development


A.        Revenues


1.         Current revenue sources remain unchanged.


2.         Water connections estimated at 18 acre-feet/yr


3.                  Connection Charge raised 2.2% on 7/1/2003 per Rule 24E  (2003-2004 Charge = $20,415)                           


4.                  7.125 % user fee rate for 12 months  (last increase 07/92)


5.                  No user fee increase included in the proposed budget


6.                  Any potential user fee increase could be considered at midyear (short-term or long term)


7.                  Money accumulated for capital projects in previous years used to help pay for 2003-2004 project expenditures


B.        Expenditures


1.         Water Supply Project Comprehensive EIR costs will not be reimbursed by Cal-Am.


2.         One half of rebate cost for Retrofit Replacement Program will be reimbursed by Cal-Am.


3.         All costs associated with the administration of the Expanded Water Conservation and Standby Rationing Plan shall be paid by Cal-Am.