09-05-01 Personnel & Finance - Laserfiche WebLink

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Personnel and Finance Committee September 5, 2001 Page 5 laterals are well maintained. New technology is being used in the Riverpark area on an experimental basis. 2002 Sewage Operation Expenditures (Fund # 641-0621) 2001 Budget: $ 2,580,255 Expenditure increase 7.5% 2002 Budget: $ 2,773,833 Total Expenditure increase: $ 193,578 2002 Wastewater Operation Expenditures (Fund # 641-0630) 2001 Budget: $ 6,772,584 Expenditure increase • 16.6% 2002 Budget: $ 7,895,755 Total Expenditure increase: $ 1,123,171 2002 Sewage Works Capital Fund (Fund # 642) 2001 Budget: $ 2,670,194 2002 Budget: $ 2,708,311 2002 Sewage Works Sinking Fund (Fund # 641-0621) 2001 Budget: $ 2,580,255 Expenditure increase 7.5% 2002 Budget: $ 2,773,833 Total Expenditure increase: $ 193,578 Mr. Dillon noted that these funds address two (2) basic operations: sewage operation and wastewater operation. With the new upgrades, the City should save $ 100,000 in fuel per year. By the end of this year, Mr. Dillon hopes to get a permit to look at CSO's and mitigate and improve the water quality in the St. Joseph River. The cost is estimated at $ 80 to $ 100 million over a twenty(20) year period. Mr. Dillon noted that rate increases may be necessary next year in light of the costs and service studies. In response to a question from Council Member Coleman,Mr. Dillon stated that the City borrowed from the State of Indiana $ 20 million at 0 % for the first two (2) years and three percent (3 %) thereafter in interest which was used for the headworks building and other upgrades including remote monitoring cameras, clarifiers,engine projects, air flow controls, etc. 2002 Solid Waste Operating Fund (Fund # 610) 2001 Budget: $ 3,863,468 Expenditure increase 0.9% 2002 Budget: $ 3,898,972 Total Expenditure increase: $ 35,504 2002 Solid Waste Depreciation Fund (Fund # 611) 2001 Budget: $ 4,131,194 Expenditure increase 0.3% 2002 Budget: $ 4,050,814 Total Expenditure increase: $ 11,420