Attachment

ATTACHMENT #1 UTILITY Committee M eeting of 11/24/2008 City of Dover Water & Wastewater Utility Project Financing November 24, 2008

City of Dover - Water/Wastewater Fund Capital Improvement Plan - Financing As Revised 11/24/08 Original Revised Amount of Funding Sources Budget 11/24/2008 Change I & E Fund Budget Balance - Water $ 912,621 $ 1,037,248 $ 124,627 I & E Fund Budget Balance - Wastewater $ 915,232 $ 130,907 $ (784,325) Transfer from Operating Fund - Water 500,000 500,000 - Transfer from Operating Fund - Wastewater 200,000 200,000 - Transfer from Capital Asset Reserve - Water - 1,000,000 1,000,000 Transfer from Capital Asset Reserve - Wastewater - 500,000 500,000 Transfer from Impact Fee Reserve - Water - - - Transfer from Impact Fee Reserve - Wastewater - 644,217 644,217 Bond Proceeds - Water 6,325,800 - (6,325,800) Bond Proceeds - Wastewater 4,934,500 - (4,934,500) Interest Income 36,000 36,000 - Grants/State Reimbursements - Water Generators - 140,000 140,000 Total Water (including Beginning Budget Balance) $ 7,756,421 $ 2,695,248 $ (5,061,173) Total Wastewater (including Beginning Budget Balance) $ 6,067,732 $ 1,493,124 $ (4,574,608) Total Project Funding $ 13,824,153 $ 4,188,372 $ (9,635,781)

City of Dover - Water/Wastewater Fund Capital Improvement Plan - Project Revisions As Revised 11/24/08 FY08 Carry FY09 Original Revised Forward Budget 11/24/2008 Water Cheswold Well #8 Replacement 64,689 - 64,689 Scarborough Road Interconnection 50,446 - 50,446 Wellhead VFD Upgrades 73,485 124,200 197,685 Wellhead Redevelopment 23,016 50,000 73,016 So. Governors Avenue Water Main Upgrade - 200,000 200,000 Miscellaneous Distribution Improvements - 60,000 60,000 Radio Read Meters - 147,250 147,250 Remote Control & Well Motor - Treatment Plant 88,565 - 88,565 Vehicles & Equipment - 36,723 36,723 1.0 MG Elevated Storage Tank - $3,285,000 Project - 695,000 - Piney Point Well - $453,800 Project - 195,000 195,000 Washington Street - 300,000 300,000 South Street - 120,800 120,800 E. State Street - 19,860 19,860 Contact Chambers - 61,914 61,914 Bayard Avenue Design - 14,000 14,000 Pear Street - 759,100 759,100 Route 13 - 35,000 35,000 Bayard Avenue Construction - 276,326 - Bayard Avenue Construction 109,247 - 109,247 Total Water Quality Improvement Projects 109,247 1,587,000 1,419,921 Emergency Generators - - 140,000 Total Water Utility $ 409,448 $ 3,095,173 $ 2,673,295 Wastewater Lafferty Lane Pump Station Replacement 370,569 - 370,569 White Oak Farms Pump Station VFD's 56,037 - 56,037 Inflow/Infiltration Investigation 46,400 - - Miscellaneous Sewer System Improvements - 31,500 31,500 Radio Read Meters - 147,250 102,750 SCADA System Upgrades - 76,600 76,600 Vehicles, Trucks & Equipment 38,746 217,722 256,468 U.S. 13 Dover Bypass - 300,000 114,851 So. Governors Avenue Sewer Main Upgrade - 300,000 300,000 U S 13 East Dover Bypass - 2,765,000 - DSU Pump Station Replacement - $386,400 Project - 50,000 26,000 Weaver Street Pump Station Replacement - 400,900 65,000 Fox Hall Retreat Force Main Rerouting - $133,900 Project - 25,900 32,000 Acorn Lane Pump Station Replacement - $386,400 Project - 50,000 27,000 Inflow/Infiltration Removal/System Improvements 178,120 275,000 - Total Wastewater Utility $ 689,872 $ 4,639,872 $ 1,458,775 Total Water/Wastewater Utility CIP $ 1,099,320 $ 7,735,045 $ 4,132,070

City of Dover Water/Wastewater Utility Reserve Account Balances Revised Projections for FY09 Actual Projected 2008 2009 Contingency Reserve Account - Water Balance in Account on July 1 $ 108,398 $ 114,395 Receipts Interest Earned 5,997 2,860 Appropriations - - Total Funds Available $ 114,395 $ 117,255 Disbursements Transfer to Reserves (from Reserves) - - Balance in Account on June 30 $ 114,395 $ 117,255 Contingency Reserve Account - Wastewater Balance in Account on July 1 $ 121,089 $ 127,863 Receipts Interest Earned 6,774 3,197 Appropriations - - Total Funds Available $ 127,863 $ 131,060 Disbursements Transfer to Reserves (from Reserves) - - Balance in Account on June 30 $ 127,863 $ 131,060 Impact Fee Reserve - Wastewater Balance in Account on July 1 $ 2,486,671 $ 3,328,056 Receipts Interest Earned 120,481 83,201 Appropriations 849,776 - Total Funds Available $ 3,456,928 $ 3,411,257 Disbursements Transfer to Capital Improvements 128,872 644,217 Transfer to Reserves (from Reserves) - - Balance in Account on June 30 $ 3,328,056 $ 2,767,040 Capital Asset Reserve - Water Balance in Account on July 1 $ 1,102,705 $ 1,169,504 Receipts Interest Earned 66,799 29,238 Appropriations - - Total Funds Available $ 1,169,504 $ 1,198,742 Disbursements Transfer to Capital Improvements - 1,000,000 Transfer to Reserves (from Reserves) - - Balance in Account on June 30 $ 1,169,504 $ 198,742 Capital Asset Reserve - Wastewater Balance in Account on July 1 $ 518,919 $ 550,354 Receipts Interest Earned 31,435 13,759 Appropriations - - Total Funds Available $ 550,354 $ 564,113 Disbursements Transfer to Capital Improvements - 500,000 Transfer to Reserves (from Reserves) - - Balance in Account on June 30 $ 550,354 $ 64,113 Total All Reserves at June 30 $ 5,290,172 $ 3,278,209