HomeMy WebLinkAboutPresentation_Workshop_3/3/2025Utilities Department Project Update & Planning March 3, 2025Marjorie G Craig, PE, Director, Utilities DepartmentVillage Council Workshop Presentation Outline Upcoming WorkFinancial OverviewPlanning ApproachCompleted Projects Distribution Construction not Including Engineering/Bid/CEI/SRF)Completed Large Projects structural inspection & repair, painting (FY24, $95k)Potable water storage tank rehab: tank diving, •25, $208k)-software, security (FY22SCADA improvements: communication hardware, •Wellsite stabilization (FY25, $15k)•annual (FY24 & FY25, $150k)–Well rehab program •)house valve work plus installing the pump in house-saved $75k by inhouse (FY25, $75k pump cost; -inReplacement of R3 pump and rebuilding of R1 valve •Total $618k–Water Treatment System Cypress Dr. weir improvements (FY23, $12k)•Bioswale 290LF (FY23 $78.5K = $271/LF; $30k of it grant)•643LF (total 3.9% of 11.4 mi pipe; $555k) Stormwater pipe lining* (FY22 941LF; FY23 769LF; FY24 •completed (FY24, $265k)El Portal stormwater and sidewalk improvement project •grant funded)FDEP stormwater vulnerability assessment (FY25, $145k, •Total $1.06M–Stormwater Valve replacement (completed FY24, $30k)•compliance (FY25, ~$100k)EPA Lead and Copper Rule Revision (LCRR) inventory •FY 24, $100k total) Fire hydrant service repair and replacement (annual FY23 & •(FY25, $2.07M)WM#4 Country Club Dr. S. water main replacement project •Total $2.3M- Planning Approach Financial Overview Utilities Department$600k-Relocation of concentrate disposal pipe $1.2M-raw) County Line Rd. bridge water main relocations (potable & $500k (estimated)-WTP filter plant media replacement $4.3M-WM#2 Beach Rd. Ph 2 water main replacement $100k -Water system interconnection improvement project $6M-Water treatment plant improvements Rate Increase of 3.5%$21,764,078:-FY25 Budget Budget Hearing Sept. 5, 2024 401 Fund–Water Fund Est. Beg. Unrestricted Net Position 10/01/24$ 8,967,333 Estimated Cash Inflows: Budgeted Operating Revenues 9,688,128 Budgeted Non-Operating Revenues 10,525,000 Estimated Net Inflows 20,213,128 Estimated Cash Outflows: Budgeted Operating Expenses 9,926,178 Budgeted Non-Operating Expenses 11,837,900 Estimated Net Outflows 21,764,078 Estimated Change in Net Position (1,550,950) Est. Ending Unrestricted Net Position 9/30/25$ 7,416,383 Estimated Cash Inflows: Utilities Department $0.8M -Water treatment plant improvements OPC)$365k (updated add’lWTP filter plant media replacement $1M-Well #19 surficial aquifer well replacement WM#1 Tequesta Dr water main replacement $2.42M: $4.585M:Go Recommendations-Additional Pay–FY25 Budget 9$600k-Permanent relocation of concentrate disposal pipe $1.2M-raw) County Line Rd. bridge water main relocations (potable & $500k (estimated)-WTP filter plant media replacement $4.3M-WM#2 Beach Rd. Ph 2 water main replacement $100k -Water system interconnection improvement project $6M -Water treatment plant improvements $21,764,078:-FY25 Budget Updated February 14, 2025 401 Fund –Water Fund Budgeted Operating Revenues 9,688,128 Budgeted Non-Operating Revenues 10,015,000 Estimated Net Inflows 19,703,128 Estimated Cash Outflows: Budgeted Operating Expenses 7,042,077 Budgeted Non-Operating Expenses 16,940,909 Estimated Net Outflows (budgeted) 23,982,986 Estimated net outflows (add'l pay-go) 4,585,000 Estimated Change in Net Position (8,864,858) Ending Unrestricted Net Position 9/30/25$ 3,227,799 Estimated 5*minimum reserve coverage in unrestricted cash $1.5MUnrestricted Cash*$2,901,767$3,481,978$4,187,478$6,154,782$7,046,971 Cash in (out)660,5711,610,0331,800,9372,803,6711,759,325 Capital Outlay 1,705,000539,000744,000281,0001,431,000 Debt Service 968,9381,292,8641,040,499808,208794,291 Operating Expenses 6,614,7526,858,2897,078,0447,190,6797,482,062 Revenues$9,949,261$10,300 ,186$10,663,480$11,083,557$11,466,678Title26-FY 202527-FY 202628-FY 202729-FY 202830-FY 2029 Year Projections- Upcoming Work CIP Project Timeline - Calendar Year *Projects >$500K 2025202620272028 TASKSTATUSSTARTEND Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2 WTP Filter Vessel Media Replacement Design100% Bid0%03/2506/25 Construction0%07/2504/26 Warranty0%04/2604/27 Surficial Well 19 Replacement Design100% Bid0%04/2507/25 Construction0%09/2509/26 Warranty0%09/2609/27 WM#1 Tequesta Dr Design95%03/25 Bid0%05/2508/25 Construction0%10/2510/26 Warranty0%10/2610/27 RO Concentrate Line Relocation Design100% Bid0%05/2508/25 Construction0%08/2503/26 Warranty0%03/2603/27 County Line Rd Bridge WM & RWM Relo Design100% Bid95%01/2503/25 Construction0%04/2504/26 Warranty0%04/2604/27 WM#2 Beach Rd Phs 2 Design100% SRF Agreement Process95%06/25 Bid0%07/2511/25 Construction0%01/2604/26 Warranty0%04/2701/28 RO Membrane Replacement Design99%03/25 Bid0%04/2506/25 Construction0%08/2505/26 Warranty0%05/2605/27 WTP Efficiency Upgrades Design100% SRF Agreement Process95%06/25 Bid0%02/2607/26 Construction0%08/2612/27 Warranty0%12/2712/28 Questions?funding sourcesto improvements and various through programmatic approach Ensure fiscal responsibility critical infrastructurePromote safety and reliability of conditionscurrent and future environmental Improve Village resiliency for Goals