Page 313 - FY 2021-22 Proposed Budget

SPECIAL PURPOSE FUND SCHEDULES
SCHEDULE 14
SEWER CONSTRUCTION AND MAINTENANCE FUND
Actual Estimated Total
Expenditures Expenditures Budget
2019-20 2020-21 2021-22
Fund W90 WSRB Series 2018-B Subordinate Debt Service Fund (Sch. 14)

Special Purpose Fund Appropriations:
6,953,400 6,953,000 2,622 Interest Expense 6,953,400
6,953,400 6,953,000 Subtotal 6,953,400
Fund W91 WSRB Series 2018-C Subordinate Debt Service Fund (Sch. 14)
Special Purpose Fund Appropriations:
1,429,474 2,400,000 2,622 Interest Expense 3,897,750
1,429,474 2,400,000 Subtotal 3,897,750
1,007,183,329 1,011,866,000 Total Appropriations 1,135,773,272
336,625,082 572,205,082 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).
**In 2019-20, the General Fund completed its final payment for related cost overpayments to the Sewer Construction and
Maintenance (SCM) Fund that covered 2011-2014. The General Fund will make the first two of four equal payments to the SCM
Fund for the overpayment of related costs accrued since 2015. The reimbursement begins in 2021-22 with the first and second
installments and will end in 2023-24 when the SCM Fund 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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