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Ordinance No. 10,961ORDINANCE NO. 10.961 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, APPROVING THE BUDGET FOR THE BAYTOWN AREA WATER AUTHORITY (BAWA) FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2008, AND ENDING SEPTEMBER 30, 2009; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. WHEREAS, the Board of Directors of the Baytown Area Water Authority (BAWA) has adopted a budget for BAWA for the fiscal year beginning October 1. 2008, and ending September 30, 2009; and WHEREAS, the General Manager of BAWA has submitted said budget to the City Council of the City of Baytown for approval; and WHEREAS, after full and final consideration, it is the opinion of the City Council of the City of Baytown that the budget should be approved; NOW THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council of the City of Baytown, Texas, hereby approves the budget of the Baytown Area Water Authority (BAWA) for the fiscal year beginning October 1, 2008, and ending September 30, 2009, in the amount of SIX MILLION NINE HUNDRED EIGHTY-ONE THOUSAND THREE HUNDRED TWENTY-SEVEN AND NO/100 DOLLARS ($6,981,327.00). A copy of the above referenced budget for BAWA is attached hereto, marked Exhibit "A," and made a pail hereof for all intents and purposes. Section 2: This ordinance shall take effect immediately from and after its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of Baytown this the 22nd day of September, 2008. "> ATTEST: , STEPHEN H. DONCARLOS. Mayor K.AYTH1E DARNEL, City Clerk^ APPROVED AS TO FORM: ^TUNACIO RAMIREZ, SR./tyy Attorney R:\KiLrcn\i'i[i;s\CityCoiincil\Ordinances\2008\Scptcnibur22\AdoplBAWABiidgot[7Yaд Baytown Area Water Authority (BAWA) ANNUAL PROGRAM OF SERVICES 2008-09 ADOPTED BUDGET Submitted To Baytown Area Water Authority Board September 17, 2008 Garry Brumback Fred Pack Andrea Deaton General Manager Plant Manager Interim Director of Finance BAYTOWN AREA WATER AUTHORITY BOARD OF DIRECTORS PETER R. BUENZ, President DAN M. MUNDINGER, Vice President ROBERT L GILLETTE, Secretary JOHN R. SANDHOP WAYNE BALDWIN BAYTOWN AREA WATERAUTHQjRITY 7425 Thompson Road, Baytown, Texas 77521-1056 {281)426-3517 FAX (281) 426-3519 August 20,2008 President and Members of the Baytown Area Water Authority Board Baytown Area Water Authority Baytown, Texas It is my pleasure to present the 2008-09 Adopted Budget for the Baytown Area Water Authority (BAWA) Board. The Budget sets forth the revenues and appropriations for the fiscal year October 1, 2008 through September 30, 2009. The financial guidance provided by the Board has resulted in BAWA's ability to maintain a stable financial position exhibited by a healthy working capital balance. BAWA's largest current project, the construction of a second water supply line serving the City of Baytown, is funded partially from non-recurring revenues to reduce the amount of debt issued. This project, which is nearing completion, will provide reliability to BAWA's largest customer, the City of Baytown, which currently constitutes approximately 88% of BAWA's water sales. BAWA was approved for and has closed on a loan with the Texas Water Development Board (TWBD) for funding of the second water supply line and Phase II improvements. The loan received from the TWDB Drinking Water State Revolving fund has interest rates ranging from 2.25% to 3.15% as compared to a range of 4.00% to 6.00% interest rate for insured bonds sold on the market. The City of Houston notified BAWA of a rate increase effective April 1, 2008 for untreated water purchased from the City of Houston. The rate increased 1.8% from $0.4238 to $0.4314 per 1,000 gallons. The previous rate increase was in 2007. Also, a 2% increase in the cost of raw water from the City of Houston is anticipated effective April 1, 2009 and is included in the adopted budget. Revenue estimates for water sales in the adopted budget are based upon sales in a typical year. A rate increase was projected in the 2001 BAWA Rate Study for fiscal year 2005 for implementation of the capital improvement program (CIP), which anticipated construction of the Phase II regulatory/disinfection improvements. The second water supply line was not included in the CIP at that time. Since TWDB's loan program reimburses BAWA as funds are expended, the full debt payments will not occur until the project is complete. As of June 30, 2008, $8,840,000 of the total $13,290,000 has been funded. Funding requests are submitted to TWDB as invoices are received from the contractor. The adopted budget includes a $0.09 per 1,000 gallon rate increase (approximately 6%) for BAWA's customers to adjust for the untreated water rate increase and debt associated with the construction of the new water supply line. Rates will be adjusted in future budgets to reflect funding needs based on actual operational needs including debt service requirements. This will allow the rate increase related to debt to coincide closely with the actual construction. It will also provide for time contingencies that may be required due to the complexity of the project that may extend the construction time. The City of Baytown Water and Sewer Fund pays for the cost of the City to tie-in to the new BAWA supply line to pay for their portion of the project. The City's portion of the project costs are estimated to total $1,000,000. A continuing transfer from the City's water and sewer fund is included for that portion of the debt payment. In January of 2006, the EPA approved the Long Term 2 Enhanced Surface Water Treatment (LT2) Rule and the Stage 2 Disinfection Byproducts (DBP) Rules. With respect to the LT2 rule, systems that serve a population of less than 100,000 began the monitoring schedule in January 2007. The schedule is as follows: Submit Sampling Plan January 1, 2007 Begin source water monitoring April 1, 2007 Report bin classification October 1, 2009 Comply with additional treatment requirements (Ozone) October 1, 2012 The data collected during the 2 year monitoring period will determine if Ozone treatment should be implemented at the BAWA surface water treatment plant. The Stage 2 DBP rule pertains to the City of Baytown distribution system only. BAWA has received the Small System waiver and does not have to monitor the by-products listed in the rule. We have completed the first two steps in this process. The current and planned major improvements at BAWA were designed to provide the foundation for growth in sales and continued reliable service of the highest quality water for our customers. I look forward to reviewing this document with you. Sine Garry Brumbaj; GeneraJJvtaiTager MAJOR BUDGET ISSUES Fiscal Year 2008-09 BAYTOWN AREA WATER AUTHORITY This fund accounts for the activities of the Baytown Area Water Authority (BAWA). BAWA is a water authority created by the Texas Legislature to supply water for the City of Baytown (City) and surrounding communities. BAWA services a total of eight customers with the City as the largest customer, generating approximately 88% of BAWA's annual sales. BAWA is a separate legal entity; however, it is considered a component unit of the City. Since it began operating, BAWA has not experienced shortages of raw water supply to the plant nor interruptions to service to its customers. REVENUES The 2008-09 adopted budget estimates sales of $6,804,472 for 12.0 million gallons per day (MGD) based upon an average rainfall year. Fluctuations to average rainfall can significantly impact actual sales. A $0.09 rate increase is in the 2008-09 adopted budget. The current rate structure of $1.46 per 1,000 gallons for the City of Baytown and 1.49 per 1,000 gallons for customers outside the city will increase to $1.55 and $1.58 respectively. This will cover the increased cost of operations, including debt service and the purchase of raw water. This increase in rates is expected to generate $394,200 in additional revenue. EXPENDITURES Total operating expenditures for the adopted 2008-09 budget are $4,722,800, a decrease of $76,050 from the 2007-08 budget. The depreciation expense increased to recognize one full year of depreciation on new improvements. The adopted 2008-09 budget includes a transfer to General Fund for an indirect cost allocation, which is to reimburse the City for administrative services such as Human Resources, Fiscal Operations, Legal and Information Technology Services. Highlights of major operating changes were as follows: • Increase in personnel services $ 4,154 • Decrease in supplies (Primarily raw water rate increase) (108,326) • Decrease in maintenance (12,200) • Increase in services 40*322 Raw Water Supply Cost -BAWA purchases raw water from the City of Houston The raw water supply contract with the City of Houston is in effect through the year 2040 and sets the maximum amount of raw water to be delivered to the BAWA plant at 15.8 MGD without penalties. BAWA received notice of a 1.8% rate increase from $0.4238 to $0.4314 effective April 1, 2008. An additional increase of 2% is anticipated in April 2008. The surcharge for water purchased over the 15,8 MGD is nominal at this time. Debt Service -The debt service requirement for existing debt for the adopted 2008-09 budget is $2,163,526. MAJOR BUDGET ISSUES Fiscal Year 2008-09 __ CAPITAL IMPROVEMENT PROGRAM The Capital Improvement Program for BAWA Is funded primarily from bonds. The adopted 2008-09 budget includes funding from retained earnings designated for capital improvements for the second water supply line project. Utilizing non-operating funds in the CIP program will reduce the amount of debt issued in the future. • Phase II of BAWA's plant improvement is on hold pending the Texas Commission on Environmental Quality (TCEQ) study to develop new recommendations pertaining to disinfection programs (Ozone). Phase II was originally estimated at $6,000,000. Final costs will be developed after TCEQ issues final regulations. Implementation will be planned in the fiscal year following the issuance of final regulations that will enable the BAWA Board to review implementation plans during the annual budget process. • There is currently one line supplying water to BAWA's major customer, the City of Baytown. The BAWA board approved a contract for the design for the second line in 2004. The design is complete and has been approved by TWDB and the BAWA Board and the City Council awarded the contract in the Spring of 2006. The project is partially funded from non-recurring revenues and CiP funds to reduce the amount of debt that is issued. TWDB debt has been issued for construction. The total estimated cost is $10.5 million for the BAWA line with $1,000,000 funded by the City of Baytown for extending their lines to connect with the new supply line. This project is nearing completion. WORKING CAPITAL In order to maintain fiscal stability, governmental entities maintain a working capital balance to meet daily liquidity needs. Appropriate levels of working capital vary from entity to entity based on the relative impact of particular circumstances or financial conditions. The goal for working capital is 60 to 90 days. Working capital is defined as current assets (e.g., cash, investments and accounts receivable) less current liabilities (e.g., accounts payable). The working capital in the adopted budget Is estimated to be 64 days as of September 2009. Working capital in excess of the targeted goal provides contingency funding for current projects and unforeseen expenses. BAYTOWN AREA WATER AUTHORITY FUND 510 BUDGET SUMMARY BY FUND No. of Working Capital Days 86 68 73 64 BAWA -CAPITAL IMPROVEMENT PROGRAM FUND 518 BUDGET SUMMARY BY FUND Revenues Transfer From BAWA Interest Revenue Actual Carried-forv/ard Adopted Adjustments 2006-07 2006-07 2007-08 2007-08 Adj Budget Estimated Canied-foiward Adopted 2007-08 2007-08 2007-08 2008-09 $ -$ 100,647 -$ Total Revenues 100.647 Expenditures BAWA Admin Bldg -A/C Repairs BAWA Second Supply Line Highlands Tie-In Meter BAWA Raw Waterfine Pump Replacement Thompson Rd Utility Relocation Capita] Assets New Capital Project Initiatives Total Expenditures Exjgsss (Deficit) Revenues Over Expenditures Retained Earnings -Beginning Retained Earnings -Ending 25,305 279,229 12.738 -$ 75.000 -$ -$ 75.000 25100 75.000 75.000 25.000 134,695 252.009 76,500 5,700 22.000 134.695 257,709 76.500 22,000 134,695 257,709 76,500 22,000 -$ 25,000 25,000 CITY OF BAYTOWN PROGRAM SUMMARY 13070 BAYTOWN AREA WATER AUTHORITY fBAWA) I Program Description Operate and maintain a 28 MGD design capacity surface water treatment facility with a projected flow of 12.0 MGD in fiscal year 2008-2009 and a certified bacteriological laboratory, which currently serves 8 customers with the City of Baytown using 88% of production. Follow and comply with the Texas Commission on Environmental Quality (TCEQ) Rules and Regulations for Public Water Supplies adopted 1992, National Primary Drinking Water Regulations, Safe Drinking Water Act, Surface Water Treatment Rule, and the Criteria for Certified Bacteriological Laboratories. Provide BAWA's customers with high quality, safe drinking water and consistent water pressure for fire protection. Major Goals • Maintain water quality necessary to be classified as "Meeting Optimum Corrosion Control" by TCEQ. • Maintain "Superior Public Water System" status. • Maintain Optimization Standards as classified by TCEQ'8 Texas Optimization Program. • Operate the bacteriological laboratory in a manner that exceeds the requirements as set fourth by Texas Department of Health. • Develop and maintain a staff of highly trained water professionals to better serve customers. Major Objectives • Produce 12.0 MQD of water. ~ • Maintain finished water turbidity consistently less than 0.1 NTU. • Provide QA/QC and mathematical training for personnel. Workload Measures T^ Customer Connections Actual 2006-07 Budget 2007-08 Estimated 2007-08 Projected 2008-09 2. Average MGD of water produced 3. Customer Service calls 8 10.35 3 8 12.5 10 8 11.5 15 8 12.0 12 Performance Measures 1. Days without interruption of service 2. Days finished water <0.1 NTU 3. Customer Service Calls Investigated 4. Maintain Distribution Cl2 Residual <4.0 mgl 365 365 3 365 366 366 10 366 366 366 15 366 365 365 12 365 CITY OF BAYTOWN SERVICE LEVEL BUDGET 10 CITY OF BAYTOWN SERVICE LEVEL BUDGET 13070 BAYTOWN AREA WATER AUTHORITY Acct# Acct Description Actual Budget Estimated Adopted 2006-07 2007-08 2007-08 2008-09 Total Services Total Operating 8000 Capital Outlay 84042 Machinery & Equipment 84043 Motor Vehicles Total Capital Outlay 9000 Other Financing Uses 92101 To General Fund 91511 To BAWA Debt Service 91518 To BAWA Capital Improv Total Other Financing Uses 9900 Contingencies 99001 Contingencies Total Contingencies TOTAL DEPARTMENT 687.183 847,704 844,699 8881261 4,061,840 4,798,850 4,339,672 4,722,800 13,000 13,078 13,000 13,078 50,000 50,000 1,950,060 2,172,486 50,000 50,000 2,005,000 2,168,527 11 BAYTOWN AREA WATER AUTHORITY REVENUE BONDS LONG TERM DEBT AMORTIZATION SCHEDULES Revenue Bonds Amount of Issue Principal Outstanding Oct 1,2008 Requirements Fiscal Year 2007-08 Principal Interest Total Principal Outstanding Sept. 30,2008 Series, 1999 Series, 2002 Series, 2006 Series, 2007 $ 9,095,000 3,800,000 13,290,000 6,505,000 Total $ 1,745,000 2,980,000 12,165,000 6.465,000 $ 550,000 190,000 540,000 40,000 91,710 151,449 337,355 263,013 $ 641,710 341,449 877,355 303,013 $ 1,195,000 2,790,000 11,625,000 6.465.000 $ 23,355,000 $ 1,320,000 $ 843.526 $ 2,163,526 $ 22.075.000 Combined BAWA Debt, All Series Debt Requirements to Maturity 12 BAYTOWN AREA WATER AUTHORITY REVENUE BONDS DETAIL DEBT AMORTIZATION SCHEDULES 610,000 641,110 IRevenue Bond. Series 2002 Date of Issue -January 10.2002 Term »19 Years! 2002 2003 2004 2005 2006 2007 2008 -$ 5.500% 5.500% 5.500% 5.500% 5.500% 150,000 155,000 165,000 170.000 180.000 81,895 98,274 98,274 94,149 89,887 85,349 80,674 98,274 98,274 94,149 89,887 85,349 80,674 81,895 196,549 346.549 343,299 344,774 340,699 341,349 3,800,000 3.800.000 3.650,000 3,495.000 3,330,000 3,160,000 2,980,000 $ 6,040,949 5,959,054 5.762,506 5.415,956 5,072,658 4,727,884 4,387.185 4.045,836 2009 5.500% 190.000 75,724 75,724 341,449 2.790.000 3,704.388 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 5.500% 5.350% 4.700% 4.800% 4.900% 5.000% 5.000% 5.000% 5.100% 5.125% 5.150% 195.000 205,000 215,000 230,000 240,000 250.000 265.000 275.000 290.000 305,000 320,000 70,499 65,137 59,653 54,601 49,081 43,201 36,951 30,326 23,451 16,056 8.240 70,499 65,137 59,653 54,601 49,081 43,201 36.951 30,326 23,451 16,056 8,240 335,999 335,274 334,306 339,201 338.161 336,401 338,901 335,651 336,901 337,111 336.480 2.595,000 2,390,000 2,175,000 1,945.000 1,705,000 1,455,000 1,190,000 915,000 625,000 320,000 3,368,389 3,033,115 2,698,809 2,359,608 2,021,446 1,685,045 1,346,144 1,010,493 673,591 336,480 $ 3,800.000 $ 1.161.422 $ 1.079.527 $ 6,040,949 13 BAYTOWN AREA WATER AUTHORITY REVENUE BONDS DETAIL DEBT AMORTIZATION SCHEDULES 14 City of Houston Untreated Water Rates Year 1981 1985-1987 1988-1992 1993-1998 1999-2006 2007 2008 2009 Baytown Area Water Authority Treated Water Rates Rate $0.97 COB $0.97 COB. $1.00 Other $1.07 COB. $1.10 Other $1.26 COB. $1.29 Other $1.39 COB. $1.42 Other $1.46 COB. $1.49 Other $1.55 COB. $1.58 Other Increase Amount $0.11 $0.08 $0.07 Result of rising operating cost (Raw water rates up 25%) . Result of increase in raw water rates. Funding for plant expansion debt Funding for new water line debt and City of Houston rate Increase. Funding for new water line debt and City of Houston rate increase. Funding for new water line debt, other operating increases and City of Houston rate increase. City of Houston. Public Works and Engineering Department Bill White Mayor Michael S. Marcotte. P.E.. DEE Director P.O. Box 4883 Houston. Texas 77210-4863 www.houslonlx.gov IMPORTANT NOTICE NOTIFICATION OF WATER RATE ADJUSTMENT On April 1. 2008 water and sewer rates will be adjusted upward by 1 8% Each NEW RATES AND CHARGES Contract Treated Water Untreated Water Rates where there is no First 10.000.000 cmllnna Next 10.000.000 gallons Next 30.000.000 nations Next 100.000.000 gallons Excess of 150.000.00Q gallons Untreated water Rates undar written contract $0.4314 per 1.000. m»)innC Rate Px $1793 plus (P-M)x $.582 * • P = M = 'Xr" "~"' L ^ &S in For further information, please: the Bflea and Pflqa? or the Billing and P« , 8ectton of your WsiL' b«P://WVyw,hou3tonfa(.OBWr?rt^/ (Sections 47-61 and 47-84 et seq) 16