Page 481 - 2022-23 Blue Book Vol 2
P. 481
Sewer Construction and Maintenance Fund
2021-22 2022-23
Adopted Budget Proposed Budget
CAPITAL AND TECHNOLOGY IMPROVEMENT EXPENDITURE
PROGRAM (CIEP)
Clean Water CTIEP – Funds are provided for various sewer 301,569,318 369,021,000
capital and infrastructure projects.
Subtotal Capital Improvement Expenditure Program $ 301,569,318 $ 369,021,000
BOND REQUIREMENTS
45-day Operation and Maintenance Reserve $ 63,325,402 $ 51,638,755
Bond Issuance Costs 5,075,000 5,075,000
Debt Service 243,732,630 248,485,128
Insurance Reserve 3,000,000 3,000,000
Insurance and Bond Premium 253,600 260,600
Subtotal Bond Requirements $ 315,386,632 $ 308,459,483
Total Sewer Construction and Maintenance Fund $ 1,137,749,269 $ 1,219,523,112
1017
