Page 317 - 2020-21 Budget Summary

SPECIAL PURPOSE FUND SCHEDULES
SCHEDULE 14
SEWER CONSTRUCTION AND MAINTENANCE FUND
Actual Estimated Total
Expenditures Expenditures Budget
2018-19 2019-20 2020-21
Fund W86 WSRB Series 2017-A Subordinate Debt Service Fund (Sch. 14)

Special Purpose Fund Appropriations:
11,032,562 11,033,000 2,622 Interest Expense 11,032,563
11,032,562 11,033,000 Subtotal 11,032,563
Fund W87 WSRB Series 2017-B Subordinate Debt Service Fund (Sch. 14)
Special Purpose Fund Appropriations:
5,219,838 5,220,000 2,622 Interest Expense 5,063,438
- 3,910,000 2,777 Principal 4,140,000
5,219,838 9,130,000 Subtotal 9,203,438
Fund W88 WSRB Series 2017-C Subordinate Debt Service Fund (Sch. 14)

Special Purpose Fund Appropriations:
4,020,084 4,004,000 2,622 Interest Expense 3,919,973
960,000 4,460,000 2,777 Principal 4,545,000
4,980,084 8,464,000 Subtotal 8,464,973
Fund W89 WSRB Series 2018-A Subordinate Debt Service Fund (Sch. 14)

Special Purpose Fund Appropriations:
5,983,172 10,990,000 2,622 Interest Expense 10,929,750
- 1,950,000 2,777 Principal 1,260,000
5,983,172 12,940,000 Subtotal 12,189,750
Fund W90 WSRB Series 2018-B Subordinate Debt Service Fund (Sch. 14)

Special Purpose Fund Appropriations:
3,785,740 6,953,000 2,622 Interest Expense 6,953,400
3,785,740 6,953,000 Subtotal 6,953,400
Fund W91 WSRB Series 2018-C Subordinate Debt Service Fund (Sch. 14)
Special Purpose Fund Appropriations:
1,102,994 2,400,000 2,622 Interest Expense 3,898,750
1,102,994 2,400,000 Subtotal 3,898,750
915,227,630 1,140,667,700 Total Appropriations 1,104,179,436
535,002,470 508,803,770 Ending Balance, June 30 -

*Restricted Funds include Debt Service Reserve Fund, Emergency Fund, and various bond rebate funds that are not available to
fund appropriations. Also include minimum cash balance for 2020-21 O&M and 50% cash reserve for 2020-21 CIEP (C.F.
10-1947).
**The General Fund will make four equal annual payments to the SCM for the overpayment of related cost to the Bureaus of
Sanitation, Contract Administration and Engineering since 2011. The first annual reimbursement started in 2016-17 and will end in
2019-20 when the SCM is fully recovered.
***Capital related expenditures may be made from the Sewer Capital Fund or from any Series Wastewater System Revenue Bonds
Construction Fund.

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