Your Water System Sources of Water

reservoirunderground

aquifer Energy Sources

pumpsgravity

Distribution Network of Pipes

Spillway Collapse

East Mountain Tank

Constructed in 1962 Holds 2.7 million gallons of water 55 feet in height Refurbished in 2001

Distribution SystemMaintain over 220

miles of water mainsInstall new services

and mainsMaintain over 2,000

fire hydrantsHard and often

dangerous work

Subject to call outs 24 hours a day 7 days a week

Flush mains 4 Water Tanks4 Booster Pumping

Stations11,000 Residential

and Commercial Customers

What Happens to Pipe Over Time

What Does Your Water Cost

$2.95 per 1,000 gallons

Massachusetts Infrastructure Finance Commission Recommends Rates Should be 1.25% of Median Income, In Westfield This Would Equate to $500 Annually

Average Annual Cost is $300

Comparatively Speaking

One 16 ounce bottle of water cost about $1.25 if you buy it in the store

You could fill 3,400 bottles for the same price with city water or the cost would be $0.00037 per

bottle

Bottled water cost $10,000/1000gallons

City water cost $2.95/1000 gallons

Comparatively SpeakingMonthly Water Bill ~ $25

Monthly Phone Bill ~ $175

Monthly Cable Bill ~ $150

One Trip to the Movies ~ $25

Where Does the Money Go

Personnel37%

Overtime2%

Energy8%

Operating Exp7%

Assets3%

Intergovernmental7%

Support 7%

Construction 8%

Debt23%

Present ProjectsGranville Spillway Repair $1,910,oooGranville Dam Repair

$1,000,000Granville Raw Water Pipeline

$2,847,000Water Meter Replacement $3,950,000Gaslight Main Replacement

$2,300,000

Total $12,007,000

FY10 Sub-total FY11 Sub-total FY12 Sub-total FY13 Sub-total FY14 Sub-totalIntergv Balance 489,490.15$ 697,591.55$ 1,806,785.60$ 501,627.61$ 778,624.40$

Date Expense AccountApr-14 Purchase of Services (150,000.00)$ Dec-13 Purchase of Services (100,000.00)$ Dec-13 Supplies (35,000.00)$ Dec-13 Construction (300,000.00)$ (435,000.00)$ Nov-12 Purchase of Services (200,000.00)$ Nov-12 Supplies (140,000.00)$ Nov-12 Construction (60,000.00)$ (400,000.00)$ Dec-11 Purchase of Services (314,500.00)$ Dec-11 Supplies (187,500.00)$ Dec-11 Construction (351,000.00)$ Dec-11 Buildings (25,000.00)$ Dec-11 Overtime (48,000.00)$ Dec-11 Replacement Equip (28,000.00)$ Dec-11 Add'l Capital Equip (228,000.00)$ (502,000.00)$ Dec-10 Prior year debt (131.10)$ Dec-10 Prior year debt (57.38)$ Dec-10 Overtime (50,000.00)$ Dec-10 Purchase of Services (219,000.00)$ Dec-10 Add'l Capital Equip (90,000.00)$ Dec-10 Equipment/Vehciles (30,000.00)$ Dec-10 Add'l Small Equip (20,000.00)$ Dec-10 Construction (100,000.00)$ (369,000.00)$ Jan-10 Purchase of Services (67,800.00)$ Jan-10 Supplies (81,000.00)$ Jan-10 Overtime (3,000.00)$ Jan-10 Add'l Capital Equip (6,500.00)$

(158,300.00)$ Balance 331,190.15$ 188,403.07$ 624,785.60$ 101,627.61$ 193,624.40$

Undesignated Breakdown

Cuts to Operating Budget and Required to Set Tax Rate

Total Amount Cut = $1,706,000 Average Amount Cut = $426,500

Annual Cuts2011 - $369,0002012 - $502,0002013 - $400,0002014 - $435,000

Fiscal Year 2010 2011 2012 2013 2014

Total Revenue $ 4,911,582.13 $ 4,516,508.63 $ 4,770,591.23 $ 5,405,811.10 $ 4,828,646.64

User Portion $ 4,091,974.11 $ 3,618,326.63 $ 3,829,457.22 $ 4,939,065.76 $ 4,043,908.22

% of Revenue 83% 80% 80% 91% 84%

Previous 5 Years Revenue

What Does It All MeanThe average shortfall in the operating budget

over the last 4 years is $426,500There are $12,000,000 is projects that will go

on the books in the next 2 or 3 yearsA $1 million in payments add roughly

$70,000 to debt service the first year and it drops about 2% a year going forward

A 10% increase in rates (including base charge) generates about $400,000 annually