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HomeMy WebLinkAbout2024 Water Utilities Infrastructure Rehabilitation Update- council workshopWater Utilities Infrastructure Rehabilitation Update and Funding Sources August 13, 2024 1 Adopted 2024 Capital Improvements Budget 5-year Program 2 16 Sanitary Sewer Lift Station Projects Priority 1 3 37 Sanitary Sewer Lift Station Projects Priority 2 (page1 of 2) (Continued on next slide) 4 37 Sanitary Sewer Lift Station Projects Priority 2 (page 2 of 2) 5 Sanitary Sewer Pipe Replacement Projects Priority 1 6 Shovel Ready 56 Water Line Replacement Projects Priority 1 (page 1 of 3) (Continued on next slide) 7 (Continued on next slide) Shovel Ready 56 Water Line Replacement Projects Priority 1 (page 2 of 3) 8 Shovel Ready 56 Water Line Replacement Projects Priority 1 (page 3 of 3) 9 Water Line Replacement Projects Priority 2 10 Water Tower Projects 11 Water Purification Plant and Gulf Pump Station Projects 12 Wastewater Treatment Plant Projects 13 Fire Hydrants Replacements Priority 1 Fire Hydrants Replacements Priority 2 14 Future Infrastructure Projects to Support Process Plants, New Businesses, and Population Growth 15 City of Port Arthur Utilities Projects Total Cost Estimate 16 Funding Sources 17 Funding Sources - Grants TDEM Hazard Mitigation Grant Program- Critical Lift Stations $7,045,576 (Not Approved) USFWS Wildland Fire Management - Fire Hydrant $2,341,350 (Not Approved) FEMA/TDEM Severe Winter Storm Hazzard Mitigation – Fire Hydrant Study $2,341,350 (Under Review) EPA HARC Community Change Grants- Lift Station $20,000,000 (Pending) EPA HARC Community Change Grants- Sewer Pipe Rehab $20,000,000 (Pending) 18 Funding Sources – Texas Water Development Board (Submitted) 19 Funding Sources – Meter Replacement Program 20 Positive Cash Flow Estimate without Water Rate Increases Note: estimated yearly Average Revenue Increase of $2.68 M 21 Positive Cash Flow Estimate With 4% per year Water Rate Increases Note: estimated yearly Average Revenue Increase of $4.46 M 22 Funding Sources – Cash from Revenue for Capital Projects 23 Funding Sources – Certificates of Obligation Debt Release 24 Funding Sources – Water Rate Increase 25 Funding Sources – Certificates of Obligation Notes: These rate increases do not include Operation Rate Increases and Inflation The Rate Increases are estimated based on $37 Million current annual revenue 8.7% 7% Not Recommended 26 Funding Sources – Combination Meter replacement program: $2.68 Million Cash from Revenue: 2.0 Million Grants (to be determined) Debt release (varies yearly) Will Reduce the required rate increase 27 Funding Sources – Council’s Recommendations/ Ideas/Experiences 28