5 Year Financial Plan 2002 - 2006 - Appendix 24 Sewer Replacement Reserve

Amended Five Year Financial Plan 2002 - 2006 (April 23, 2002)

APPENDIX 24 SEWER REPLACEMENT RESERVE

CITY OF REVELSTOKE
FINANCIAL PLAN 2002 - 2006

SEWER REPLACEMENT RESERVE
		2002	2003	2004	2005	2006
Balance forward January 1, 2002		$468,000	$296,000	$23,000	$96,000	$163,000
Contribution from Sewer Operating		284,000	269,000	169,000	169,000	169,000
Interest earnings		19,000	8,000	4,000	8,000	12,000
		771,000	573,000	196,000	273,000	344,000
Capital expenditure	Appendix 10	(475,000)	(550,000)	(100,000)	(100,000)	(100,000)
Balance at December 31, 2002		$296,000	$23,000	$96,000	$163,000	$244,000

10 YEAR CAPITAL PLAN
	2002	2003	2004	2005	2006
Opening balance	($54,525)	(-$134,525)	($114,525)	($69,525)	($94,525)
Contribution from sewer operating	240,000	235,000	235,000	225,000	225,000
Interest earnings	0	0	0	0	0
Projected capital expenditure	(320,000)	(215,000)	(190,000)	(250,000)	(250,000)
Closing balance on reserve	($134,525)	($114,525)	($69,525)	($94,525)	($119,525)

The City of Revelstoke
Box 170 - 216 Mackenzie Avenue
Revelstoke BC Canada V0E 2S0
Phone: (250) 837-2161 Fax: (250) 837-4930

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