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Home My Public Portal AboutFY19 Bgt Public HearingPowerPoint Presentation Public Hearing Fiscal Year 2019 Budget, Taxes, User Charges and Capital Improvement & Replacement Program May 10, 2018 Strategic Business and Operating Plan The Charter of the Metropolitan St. Louis Sewer District requires the development and maintenance of a continuing five-year Strategic and Operating Plan. SECTION 5.110. Strategic plan. -- A continuing five-year strategic and operating plan for the District shall be adopted on an annual basis by the Board. The strategic and operating plan shall state the District’s objectives for the succeeding five years and include objective targets by which to measure the District’s performance in meeting these objectives. Strategic Business and Operating Plan VISION STATEMENT Quality Service Always Strategic Business and Operating Plan MISSION STATEMENT To protect the public’s health, safety, and water environment by responsibly providing wastewater and stormwater management. Strategic Business and Operating Plan VALUES Integrity – Acting ethically at all times, treating everyone with honesty, fairness, and respect. Teamwork – Working together to accomplish our mission with open communication, trust, respect, and diversity Innovation – Embracing continuous improvement and new solutions to achieve excellence. Strategic Business and Operating Plan VALUES (Continued) Employees – Developing successful, responsible, and safety conscious employees and acknowledging their contributions. Customers – Building strong relationships by keeping our commitments, providing excellent service and being transparent in everything we do. GOALS Deliver consistent, high quality customer service; Comply with all legal and regulatory requirements and schedules; Minimize customer rate increases; and Be accountable to the St. Louis community. STRATEGIES Educate and partner with stakeholders to build support; Manage the District’s costs and revenues to optimize financial impacts; Integrate and improve the District’s business processes; STRATEGIES (Continued) Promote appropriate standards through proactive regulatory and legislative involvement; Address customer and regulatory needs through a comprehensive infrastructure management program; Create a learning and business oriented culture based on competency and accountability. FY18 Highlights MSD Received Multiple Awards from NACWA and the GFOA Diversity by the Numbers Stormwater Capital Rate Proposal Key Initiatives for FY19 Update Disparity Study Stormwater Capital Rate Timeline Wastewater Rate Proposal for fiscal years 2021 – 2024. FY19 District Funded Positions 981 981 976 969 963 956 936 878 FY19 Proposed Budget Expenses ($s in millions) Total = $714.1 Schedule ofResidential User Rates Fiscal Year 2019 General Fund Expenditures FY19 General Fund Budget By Department FY19 General Fund Operating Budget by Expense Category ($s in millions) Personnel Services $113.1 Supplies16.5 Utilities17.6 Contractual Services45.3 Capital Outlay 6.9 TOTAL $199.4 Comparison: Current Projection to Rate Plan O&M Expense Fiscal Year 2019 Debt Service FY19 Debt Service ($s in millions) Comparison: Current Projection to Rate Plan Debt Service Fiscal Year 2019 Capital Improvement & Replacement Program FY 2019 Final CIRP Program Summary Type of Project Number Budget Wastewater Construction 61 257,438,000 Wastewater Engineering 81 65,602,000 Stormwater Construction 39 19,436,000 Stormwater Engineering 7 5,230,000 New Project Appropriations Subtotal: 188 347,706,000 Wastewater Continued 6 32,600,000 Stormwater Continued 2 1,330,000 Continued Project Appropriations Subtotal: 8 33,930,000 PROJECT APPROPRIATION TOTALS: 196 381,636,000 FY 2019 CIRPFinal vs. Preliminary Summary New Projects 188 New vs. 188 New in preliminary $347,706,000 vs. $362,113,000 in draft Continued Projects 8 Continued vs. 10 Continued in preliminary $33,930,000 vs. $35,150,000 in draft FY 2019 CIRPNew Projects FEE FEE TRUNK SEWER RELIEF (SKME-002, LONG LEAF CIRCLE TO THAMES COURT). Design services for the construction of 2,900 feet of 21-inch diameter sanitary sewer. LOWER MERAMEC WWTF CORROSION AND HUMIDITY CONTROL IMPROVEMENTS. Additional design costs needed for correction of corrosion problems at the Lower Meramec treatment facility. SUMMERHAVEN DRIVE #11656 STORM SEWER. Construct 375 feet of 12-inch to 24-inch storm sewer. 15% 9% 51% FY 2019 CIRP Continued Projects Wastewater Coordination with others 4 Construction phasing / scheduling 2 Stormwater Scope Change/Design Revisions 2 Total 8 FY 2019 CIRP Contingency Projects Type of Project Number Budget Wastewater 26 $154,256,000 Stormwater 12 7,398,000 Total: 38 $161,654,000 FY 2019 CIRP New Contingency Projects FORDER SANITARY INTERCONNECTION (FORDER RD TO RINGER RD). Construct 100 feet of 10-inch sanitary sewer. MACKENZIE I/I REDUCTION (RESURRECTION CEMETERY, WEHNER PARK, KENRICK SEMINARY, AND NERINX HALL). Perform private I/I reduction at 78 properties. RIVERPORT 6 PUMP STATION (P-781) REPLACEMENT. Rehabilitate Pump Station P-781. STONINGTON PLACE SANITARY RELIEF (CLAYTON RD TO GEORGIAN ACRES ST). Construct 238 feet of 12-inch sanitary sewer. 15% 9% 51% FY 2019 CIRP New Contingency Projects CHERRY TREE LANE STORM IMPROVEMENT. Construct 1,190 feet of 12-inch to 36-inch storm sewer, and concrete box culvert. KAYSER AVE. - WALLER AVE. STORM SEWER. Construct 625 feet of 12-inch to 15-inch storm sewer. 15% 9% 51% Capital Program Benefits for FY 2019 Continue Consent Decree compliance efforts Continue CSO Volume Reduction Green Infrastructure Program Address building backups and system surcharging Remove 11 sanitary sewer overflow structures Construct 80,000 feet of sanitary and storm sewers Continue construction of the Deer Creek Sanitary Tunnel Continue construction of the Maline Creek CSO Storage Facility Address stormwater issues at 134 locations STORM MAP Fiscal Year 2019 Sources and Uses of Funding FY19 Sources and Uses of Funding ($s in millions) Sources of Funding Uses of Funding OPER DEBT CIRP TOTAL Wastewater User Charges $161.5 $120.3 $121.5 $403.3 FY19 Wastewater User Charges Type of Charge Wastewater User Charge Base Charge $/mo. $23.83 FY19 Wastewater User Charges Type of Charge Wastewater User Charge Base Charge $/mo. $23.83 Unmetered (volume) Per Room $/mo. 2.61 Per Water Closet $/mo. 9.70 Per Bath/Shower $/mo. 8.08 FY19 Wastewater User Charges Type of Charge Wastewater User Charge Base Charge $/mo. $23.83 Unmetered (volume) Per Room $/mo. 2.61 Per Water Closet $/mo. 9.70 Per Bath/Shower $/mo. 8.08 Metered Volume $/ccf 4.40 Commercial/Industrial Customers Only. Tier based on number of sampling & test points. FY19 Wastewater User Charges Compliance Charge Wastewater User Charge Tier 1 $ 3.05 Tier 2 60.89 Tier 3 133.96 Tier 4 197.91 Tier 5 258.79 Commercial/Industrial Customers Only. FY19 Wastewater User Charges Extra Strength Surcharge Wastewater User Charge Suspended Solids $/ton $277.03 greater than 300 mg/l Commercial/Industrial Customers Only. FY19 Wastewater User Charges Extra Strength Surcharge Wastewater User Charge Suspended Solids $/ton $277.03 greater than 300 mg/l BOD’s $/ton $691.50 greater than 300 mg/l Commercial/Industrial Customers Only. FY19 Wastewater User Charges Extra Strength Surcharge Wastewater User Charge Suspended Solids $/ton $277.03 greater than 300 mg/l BOD’s $/ton $691.50 greater than 300 mg/l COD’s $/ton $345.76 greater than 600 mg/l FY19 Sources and Uses of Funding ($s in millions) Sources of Funding Uses of Funding OPER DEBT CIRP TOTAL Wastewater User Charges $161.5 $120.3 $121.5 $403.3 Revenue Bonds 0.0 0.0 190.0 190.0 FY19 Sources and Uses of Funding ($s in millions) Sources of Funding Uses of Funding OPER DEBT CIRP TOTAL Wastewater User Charges $161.5 $120.3 $121.5 $403.3 Revenue Bonds 0.0 0.0 190.0 190.0 Taxes 13.5 0.0 19.8 33.3 FY19 Sources and Uses of Funding ($s in millions) Sources of Funding Uses of Funding OPER DEBT CIRP TOTAL Wastewater User Charges $161.5 $120.3 $121.5 $403.3 Revenue Bonds 0.0 0.0 190.0 190.0 Taxes 13.5 0.0 19.8 33.3 Investment Income & Other 5.6 0.5 5.8 11.9 FY19 Sources and Uses of Funding ($s in millions) Sources of Funding Uses of Funding OPER DEBT CIRP TOTAL Wastewater User Charges $161.5 $120.3 $121.5 $403.3 Revenue Bonds 0.0 0.0 190.0 190.0 Taxes 13.5 0.0 19.8 33.3 Investment Income & Other 5.6 0.5 5.8 11.9 Fund Balance 29.8 1.3 44.5 75.6* * (Increase) decrease in fund balance FY19 Sources and Uses of Funding ($s in millions) Sources of Funding Uses of Funding OPER DEBT CIRP TOTAL Wastewater User Charges $161.5 $120.3 $121.5 $403.3 Revenue Bonds 0.0 0.0 190.0 190.0 Taxes 13.5 0.0 19.8 33.3 Investment Income & Other 5.6 0.5 5.8 11.9 Fund Balance 29.8 1.3 44.5 75.6* TOTAL $210.4 $122.1 $381.6 $714.2 Fiscal Year 2019 Tax Levies District-Wide Tax Levies 2018 TAX RATE 2018 TAX LEVY ADMINISTRATIVE TAX: $ 805,237 4,574,514 $ 5,379,751 City County 1.88¢ per $100 1.88¢ per $100 Total Administrative Tax STORMWATER TAX: City County (Excluding Levee Districts) $ 4,158,965 22,793,461 $ 26,952,426 9.71¢ per $100 9.71¢ per $100 Total Stormwater Tax $ 32,332,177 TOTAL DISTRICT-WIDE TAX Recommended OMCI Tax Levies 2018 SUBDISTRICTS 2018 Proposed Tax Levy Residential Agricultural Commercial Personal Property Tax Rate Per $100 Assessed Value BLACK CREEK $ - 0.0000 0.0000 0.0000 0.0000 CLAYTON-CENTRAL $ - 0.0000 0.0000 0.0000 0.0000 COLDWATER CREEK $ - 0.0000 0.0000 0.0000 0.0000 CREVE COEUR $ - 0.0000 0.0000 0.0000 0.0000 DEER CREEK $ - 0.0000 0.0000 0.0000 0.0000 FOUNTAIN CREEK $ - 0.0000 0.0000 0.0000 0.0000 GRAVOIS CREEK $ - 0.0000 0.0000 0.0000 0.0000 LORETTA-JOPLIN $ - 0.0000 0.0000 0.0000 0.0000 MALINE CREEK $ - 0.0000 0.0000 0.0000 0.0000 MERAMEC RIVER BASIN $ - 0.0000 0.0000 0.0000 0.0000 MISSOURI RIVER-BONFILS $ - 0.0000 0.0000 0.0000 0.0000 NORTH AFFTON AREA $ - 0.0000 0.0000 0.0000 0.0000 SEMINARY BRANCH - RDP $ - 0.0000 0.0000 0.0000 0.0000 SHREWSBURY - RDP $ - 0.0000 0.0000 0.0000 0.0000 SUGAR CREEK $ - 0.0000 0.0000 0.0000 0.0000 UNIV. CITY BRANCH - RDP $ - 0.0000 0.0000 0.0000 0.0000 WATKINS CREEK $ - 0.0000 0.0000 0.0000 0.0000 WELLSTON $ - 0.0000 0.0000 0.0000 0.0000 Sheet2 Stimulus Profes Service User Rates Revenues Budget Change by Cat Primary Budget Chgs CIRP Total Dist Budget Debt Service Total Impact Wastewater FY09 FY10 FY11 Effective Date Stormwater Stormwater User Charge Wastewater User Charge Bond Proceeds Taxes Grants Miscellaneous Investment Income TOTAL REVENUES $ % Change Connection & Other Fees ($000) Description Real Property Fund Water Back-up Fund Emergency Fund Improvement Operating Budget General Fund Other Funds ???? Tax - Other ???? Total Other Funds Total Operating Budget Total Debt Service CIRP Total CIRP Other Capital Projects Grand Total District Budget Fund Balances Revenues No Change nm Type of Project Number of Individual Projects Cost Of Infrastructure Construction Infrastructure Engineering Continued Infrastructure Projects Total Infrastructure Stormwater Construction Stormwater Engineering Continued Stormwater Projects Total Stormwater TOTAL CIRP Date Authorization Issued Debt Service Expense $500 Million Feb 2004 $500 mil $275 Million Nov 2008 $30 mil Total $530 mil Amount Total Expenses Beginning Fund Balance Ending Fund Balance Primary Changes Operations Legal Human Resources Engineering BOT Sec - Treas Rate Commis Civil Serv Commis ($576,242) Group Insurance Exec Director $284,649 Court Costs & Lien Fees $193,596 Collection Services Finance $134,068 Printing Service ($364,429) Computer Supplies ($1,000,050) Professional Services $1,328,869 Professional services associated with EPA & SW litigation $939,931 Electrical Usage associated with AmerenUE rate increase $924,643 Building Repairs & Services $398,241 Construction & Building Supplies $268,177 Machinery & Equipment Parts $367,238 Machinery & Equipment Services FY10 Total Department Change Information Systems $957,208 Temporary Help associated with Re-Tooling All Other Depts. FY09 Budget: FY10 Budget FY10 Change Salaries & FICA Taxes Group Insurance Pension Contribution Temporary Help All Other Budget Increase as a result of re-tooling Static 4% cost of living increase Other Post Employment Benefits $237,195 Increase associated with Chemical Supplies ($823,653) Other Post Employment Benefits Increase due to market performance FY10 Budget: Outside Counsel for EPA & SW litigation B o Trust Gen Counsel Sect - Treas Civil Servc HR $154,000 Incremental for Training & Disparity Study Exec - Dir IS Ops Engin (Sect-Treas) (IS) (Finance) $'s in millions Supplies Utilities Contractual Services Capital Outlay Total Personnel Services Type of Funding Loans Total Potential Funding through Corps of Engineers Use of Fund Balance Use of Fund balance Total Funding Revenue Balance Budget (Per Charter) Volume Charge per ccf Rate: Base Charge % Change FY16 Average Monthly Residential Bill (7 Ccf) FY17 $88.39 0.07 12.85 0.05 13.97 0.06 47.89 0.07 5.42 0.05 $168.52 0.07 $0.00 $0.00 $0.00 $0.00 $0.00 $33.50 $0.00 $0.00 $33.50 $10,940,900.00 $1,328,869.00 0.56 3690000.00 2361131.00 $103,716.00 0.25 517676.00 413960.00 $24,558.00 0.04 664408.00 639850.00 ($1,000,050.00) -0.97 28950.00 1029000.00 ($640,016.00) -0.17 3221748.00 3861764.00 ($56,545.00) -0.02 2578650.00 2635195.00 $10,701,432.00 ($239,468.00) -0.02 2435000.00 2460000.00 7000.00 7200.00 134150.00 145495.00 2500.00 2500.00 0.00 0.00 0.00 20000.00 7/1/2008 7/1/2017 7/1/2018 $10.70 $19.46 $19.46 0.00 $1.88 $3.59 $3.59 0.00 $49.31 $54.63 7.00 4.40 23.83 0.11 $221,360.00 $212,654.00 ($8,706.00) -0.04 34804.00 45962.00 11158.00 0.32 45000.00 60000.00 15000.00 0.33 $0.00 $0.00 $0.00 8116.00 4650.00 -3466.00 -0.43 14208.00 1136.00 -13072.00 -0.92 $0.00 44.00 44.00 74300.00 16300.00 -58000.00 -0.78 2848.00 151.00 2697.00 3587.00 151.00 3436.00 739.00 0.26 $400,636.00 $344,333.00 ($56,303.00) -0.14 $150,895,082.00 $2,605,820.00 0.04 56564348.00 54090040.00 4448426.00 4316914.00 $551,115.00 0.07 8184997.00 7633882.00 $1,849,154.00 0.23 9873393.00 8024239.00 ($823,653.00) -0.41 1201200.00 2024853.00 $879,619.00 0.47 2742344.00 1862725.00 $4,042,201.00 0.05 $81,433,056.00 $77,259,343.00 $159,999,338.00 $9,104,256.00 0.06 $7,302,455.00 0.09 1.00 $87,902,865.00 $80,600,410.00 $1,493,405.00 0.41 1.00 $5,136,831.00 $3,643,426.00 ($1,076,399.00) -0.09 1.00 $11,009,910.00 $12,086,309.00 ($153,333.00) -0.01 1.00 $10,790,787.00 $10,944,120.00 $245,810.00 0.01 1.00 $17,256,738.00 $17,010,928.00 $1,292,318.00 0.05 1.00 $27,902,207.00 $26,609,889.00 $1,224,622.00 0.05 $25,105,195.00 $23,880,573.00 ($21,850.00) -0.73 1.00 $8,200.00 $30,050.00 $103,752.00 0.06 1.00 $1,947,126.00 $1,843,374.00 $0.00 1.00 $0.00 $0.00 $0.00 0.00 1.00 $5,250.00 $5,250.00 ($14,206.00) -0.02 1.00 $836,436.00 $850,642.00 $9,104,256.00 0.06 1.00 $159,999,338.00 $150,895,082.00 34.00 $73,439,000.00 27.00 $47,455,000.00 10.00 $7,386,000.00 71.00 $128,280,000.00 41.00 $14,218,500.00 6.00 $1,937,000.00 18.00 $2,788,000.00 65.00 $18,943,500.00 0.00 $0.00 136.00 $147,223,500.00 2009.00 2010.00 $150,895,083.00 $159,999,338.00 $9,104,255.00 0.06 $1,321,615.00 $1,323,000.00 $1,385.00 1.05E-03 $6,000,000.00 $7,200,000.00 $1,200,000.00 0.20 $158,216,698.00 $168,522,338.00 $10,305,640.00 0.07 $250,000.00 $250,000.00 $0.00 0.00 $5,050,000.00 $1,000,000.00 ($4,050,000.00) -0.80 $5,300,000.00 $1,250,000.00 ($4,050,000.00) -0.76 $28,011,857.00 $28,591,000.00 $579,143.00 0.02 $185,581,000.00 185831000.00 $127,030,000.00 128280000.00 ($58,551,000.00) -0.32 $15,205,000.00 20255000.00 $18,944,000.00 $3,739,000.00 0.25 $8,360,000.00 $0.00 ($8,360,000.00) -1.00 $209,146,000.00 $145,974,000.00 ($63,172,000.00) -0.30 $400,674,555.00 $344,337,338.00 ($56,337,217.00) -0.14 $326,335.00 $328,033.00 $1,698.00 5.20E-03 $74,340.00 $16,303.00 ($58,037.00) -0.78 $400,675.00 $344,336.00 ($56,339.00) -0.14 $400,675.00 $344,336.00 ($56,339.00) -0.14 $0.00 $0.00 $0.00 $202,761.00 $164,089.00 ($74,340.00) ($16,303.00) $128,421.00 $147,786.00 Sheet1 budget CHANGE % $ Civil Service Commission General Counsel Human Resources Finance Information Systems Operations Engineering (2) Total General Fund Operating Budget Incrementals (3) Human Resources would have a positive change of $1.4M due to increases primarily in insurance expenses, however reclassification of $1.5M in workers' compensation expenses resulted in the favorable change shown. Finance would have a positive change of $0.6M primarily due to increased costs related to more aggressive collection efforts, however a change in accounting treatment for court awarded attorneys' fees resulted in an offset to some of those expenses in the amount of $1.8M. Rate Commission Energy Loan Debt Service Total General Fund Operating Budget with Energy Loan Total Departments Secretary-Treasurer (includes Board of Trustees) Executive Director FY18 FY19 $10,000.00 $10,000.00 $0.00 0.00 595508.00 594304.00 1204.00 2.03E-03 3318517.00 1899735.00 1418782.00 0.75 3596589.00 3403910.91 192678.09 0.06 3153946.00 2601943.00 552003.00 0.21 8286447.00 8799955.96 -513508.96 -0.06 20977478.00 20300675.00 676803.00 0.03 14927653.00 13963301.00 964352.00 0.07 26834836.50 26063223.00 771613.50 0.03 $115,483,972.50 $112,280,592.00 $3,203,380.50 0.03 $197,184,947.00 $189,917,639.87 $7,267,308.13 1.00 0.04 2212764.50 -0.40 2212764.90 $199,397,712.00 0.50 $189,917,639.47 $9,480,073.03 0.05 36000.00 35900.00 -99.60 0.40 $199,433,712.00 $0.00 $189,953,539.47 $0.00 $9,479,973.43 0.05 2017 203302999.36471719 189757428 -13545571.364717185 -6.6627503809803562E-2 2018 209390236.46758136 190656379 -18733857.467581362 -8.9468629405181521E-2 2019 214218193.13118526 211124853 -3093340.1311852634 -1.4440137347675835E-2 51000 91939437 93634080 97000524 103649236 2020 221119437.44304097 215641228 -5478209.443040967 -2.47748886592212E-2 52000 11811716 14276744 18350404 17562035 848030866.40652478 807179888 -40850978.406524777 -4.8171570192519199E-2 53000 14533558 14986387 16530696 17104020 54000 33829938 42885579 48521688 50325700 55000 4683798 3722362 4557505 4056300 156798447 169505152 184960817 192697291 7398 Change % Change 4 Year Total FY13 FY14 FY15 FY16 RC Budget numbers taken from table 2-1. Fiscal Year Proposed Budget Book - Consolidated Statement of Changes in Fund Balance Projection Rate Plan 500 500 45.1 51.7 6.6000000000000014 275 275 59.2 66.400000000000006 7.2000000000000028 945 877 4.8 4 -0.79999999999999982 900 0 109.10000000000001 122.10000000000001 13.000000000000004 968 00-024 at Date Amount Authorization Issued Feb 2004 Aug 2008 Jun 2012 Apr 2016 Remaining Authorization Bond Authorizations Debt Service Expense Principal Interest Agency Fee Total Debt Service Expense Variance FY18 FY19 500 500 30.4 40.9 10.5 275 275 40.6 52.5 11.899999999999999 945 945 2.5 5.4 2.9000000000000004 900 152.5 73.5 98.800000000000011 25.299999999999997 747.5 00-024 at Date Amount Authorization Issued Feb 2004 Aug 2008 Jun 2012 Apr 2016 Remaining Authorization Bond Authorizations Debt Service Expense Principal Interest Agency Fee Total Debt Service Expense FY16 FY17 Variance Sheet2 Sheet1 Change Outstanding Debt Authorization Issued Service Amount Date $ Expense % Feb 2004 Total Current Jun 2012 Aug 2008 Summary FY14 FY15 Issuance P&I Fund Project Fund FY15 Debt Service Expense Par Column3 Column4 Debt Service Expense Projected Issuances Series 2014A (SRF) Series 2014B Series 2014C (SRF) Total Projections % Change 4 Year Total RC Budget numbers come from Table 3-10, payments to sinking fund. Projections came from the fund pages. Fiscal Year Rate Plan 2017.00 $95,140,966.00 $89,414,453.00 ($5,726,513.00) -0.06 2018.00 $109,595,199.00 $101,997,735.00 ($7,597,464.00) -0.07 2019.00 $126,382,173.00 $120,364,058.00 ($6,018,115.00) -0.05 2020.00 $146,103,295.00 $138,328,850.00 ($7,774,445.00) -0.05 $477,221,633.00 $450,105,096.00 ($27,116,537.00) -0.06 Senior Revenue bonds Series 2004A 2/1/2004 $175,000,000.00 2804.00 6804.00 $0.00 Series 2006C 2/1/2004 $60,000,000.00 2808.00 6808.00 $2,904,350.00 Series 2008A 8/1/2008 $30,000,000.00 2810.00 6810.00 $1,634,785.00 Series 2010B & Tax Credit 8/1/2008 $85,000,000.00 2812.00 6812.00 $3,363,225.52 Series 2011B 8/1/2008 $52,250,000.00 2816.00 6816.00 $3,880,650.00 $500.00 $500.00 $28.92 1000000.00 $500.00 1000000.00 $20.13 1000000.00 $0.00 ($8.80) -0.30 1.00 Series 2012A 6/1/2012 $225,000,000.00 2817.00 6817.00 $10,556,575.00 Series 2012B 6/1/2012 $141,730,000.00 2818.00 6818.00 $8,904,812.50 $275.00 275.00 14.07 1000000.00 275.00 1000000.00 15.05 1000000.00 0.00 0.97 0.07 1.00 Series 2013B 6/1/2012 $150,000,000.00 2819.00 6819.00 $7,114,525.00 $945.00 350.00 14.46 1000000.00 749.73 1000000.00 31.54 1000000.00 399.73 17.08 1.18 1.00 Subordinate Revenue bonds Series 2004B-1 2/1/2004 $49,245,000.00 2804.00 6801.00 $3,434,069.65 Series 2004B-2 2/1/2004 $101,180,000.00 2804.00 6802.00 $6,654,267.73 $1,125.00 $57.46 $1,524.73 $66.71 $399.73 $9.25 0.16 1.00 Series 2004B-3 2/1/2004 $10,855,000.00 2804.00 6803.00 $486,730.40 Series 2005A 2/1/2004 $6,800,000.00 2804.00 6805.00 $427,144.82 Series 2006A 2/1/2004 $42,715,000.00 2804.00 6806.00 $2,830,349.46 Series 2006B 2/1/2004 $14,205,000.00 2804.00 6807.00 $908,035.84 Series 2008A/B 2/1/2004 $40,000,000.00 2804.00 6809.00 $2,483,164.89 SRF Direct Loans Series 2009 8/1/2008 $23,000,000.00 2804.00 6811.00 $1,409,721.58 Series 2010A 8/1/2008 $7,980,700.00 2804.00 6813.00 $497,508.95 Series 2010C 8/1/2008 $37,000,000.00 2804.00 6814.00 $2,453,727.68 Series 2011A 8/1/2008 $39,769,300.00 2804.00 6815.00 $1,807,022.90 Series 2013A 6/1/2012 $52,000,000.00 2804.00 6820.00 $1,212,372.22 6/1/2012 $16,000,000.00 2804.00 6/1/2012 $150,000,000.00 2821.00 $3,750,000.00 6/1/2012 $15,000,000.00 2804.00 2/1/2004 500000000.00 20128112.79 8/1/2008 275000000.00 15046641.63 6/1/2012 749730000.00 31538284.72 1524730000.00 109.00 66713039.14 109.00 2804.00 24604116.12 2808.00 2904350.00 2810.00 1634785.00 2812.00 3363225.52 2816.00 3880650.00 2817.00 10556575.00 2818.00 8904812.50 2819.00 7114525.00 2821.00 3750000.00 66713039.14