Appendix
4
Water Access Charge Price Path
10% Increase Until Uniform Charge
Lake Awooonga Access Charge
Rate Levied 09/10
$
Dollar ($) Rate Increase
$
Item
537.19 -
***Price as at Year 10 - Uniform Charge
238.00
238.00
Operations & Maintenance
Engineering Overhead
Administration Oncost
Depreciation
External Loan Repayment
Total
$
238.00
2009/10
Anticipated
2,246,181
1,621,087
619,160
1,974,015
79,428
6,539,872
$
$
10.00%
24.00
262.00
2010/11
Actual
2,110,738
3,050,950
1,347,397
79,428
6,588,513
$
$
10.00%
26.00
288.00
2011/12
Budget
2,517,496
4,033,094
1,421,504
79,428
8,051,522
$
$
10.00%
29.00
317.00
2012/2013
Budget
2,593,021
4,154,087
1,499,687
79,428
8,326,222
5.81 Transitioned to Full Cost Price by 2017/2018
10 Year Phase in Period to Full Price Recovery
10.00%
10.00%
10.00%
10.00%
$
32.00 $
35.00 $
38.00 $
42.00
$
349.00 $
384.00 $
422.00 $
464.00
2013/2014
2014/2015
2015/2016
2016/2017
Budget
Budget***
Budget
Budget
2,670,812
2,750,936
2,833,464
2,918,468
4,278,709
4,407,071
4,539,283
4,675,461
1,582,169
1,669,189
1,760,994
1,857,849
79,428
448,553
448,553
764,946
8,611,118
9,275,748
9,582,294
10,216,724
538.81
$
$
10.00%
46.00
510.00
2017/2018
Budget
3,006,022
4,815,725
1,960,030
1,555,928
11,337,705
$
$
5.75%
29.00
539.00
2018/2019
Budget
3,096,203
4,960,197
2,067,832
1,555,928
11,680,160
542.78
$
$
0.75%
4.00
543.00
2019/2020
Budget
3,189,089
5,109,003
2,181,563
1,555,928
12,035,582
545.17
$
$
0.55%
3.00
546.00
2020/2021
Budget
3,284,761
5,262,273
2,247,010
1,555,928
12,349,972
No of Equivalent Services
25,374
25,374
26,938
27,746
28,579
29,150
29,733
30,328
30,935
31,553
32,184
32,828
Cost per unit before Discount
257.74
259.65
298.89
300.08
301.31
318.20
322.27
336.87
366.51
370.17
373.96
376.20
286.37
4,469,316
288.50
6,332,709
332.10
6,956,650
333.43
334.79
353.56
358.08
374.31
407.23
411.30
415.51
418.00
(2,070,556)
(2,743,036)
(3,930,973)
1,527,376
4,706,536
8,735,768
12,838,966
17,040,847
Grossed up for Discount
Actual Income
Cumulative Dollar Difference
Assumed - 3% in O&M
Capital Costs Increasing @ 5.5%
Assumed - 3% Growth in Units first 2 years, 2% after that
27
Long Term Financial Plan
(4,386,743)
(3,980,677)
(3,093,349)
(1,192,887)
10% Increase Until Uniform Charge
Miriam Vale / Bororen Scheme
***Price as at Year 10 - Uniform Charge
537.19 6.81 Difference in Year 10 Price
Schemes Brought together for 10/11
Budget - Rating Base assumed at Miriam
Vale amount
538.81
542.78
545.17
Rate Levied 09/10
10 Year Phase in Period to Full Price Recovery
$
308.00
10.00%
10.00%
10.00%
10.00%
5.00%
3.75%
3.00%
6.00%
0.50%
0.65%
0.50%
Dollar ($) Rate Increase
$
31.00 $
34.00 $
37.00 $
41.00 $
23.00 $
18.00 $
15.00 $
30.00 $
3.00 $
4.00 $
3.00
$
308.00 $
308.00 $
339.00 $
373.00 $
410.00 $
451.00 $
474.00 $
492.00 $
507.00 $
537.00 $
540.00 $
544.00 $
547.00
Item
2009/10
2010/11
2011/12
2012/2013
2013/2014
2014/2015
2015/2016
2016/2017
2017/2018
2018/2019
2019/2020
2020/2021
Anticipated
Actual
Budget
Budget
Budget
Budget
Budget
Budget
Budget
Budget
Budget
Budget
Operations & Maintenance
229,834
217,921
363,868
374,784
386,028
397,608
409,537
421,823
434,477
447,512
460,937
474,765
Engineering Overhead
24,012
41,150
52,419
53,992
55,611
57,280
58,998
60,768
62,591
64,469
66,403
68,395
Depreciation
80,920
75,626
98,410
103,823
109,533
115,558
121,913
128,618
135,693
143,156
151,029
159,336
Credit for Water Costs Recovered through
Consumption Charge
(112,665)
(130,454)
(132,300)
(139,312)
(146,695)
(154,470)
(162,657)
(171,278)
(180,356)
(189,915)
(199,980)
(210,579)
Total
222,101
204,244
382,397
393,287
404,477
415,975
427,791
439,931
452,405
465,221
478,389
491,917
No of Equivalent Services
343
343
359
363
366
370
374
378
381
385
389
393
Cost per unit before Discount
648.41
596.28
1,064.37
1,083.84
1,103.65
1,123.78
1,144.26
1,165.08
1,186.26
1,207.78
1,229.67
1,251.93
Grossed up for Discount
Actual Income
720.46
81,467
662.53
105,785
1,182.64
117,105
1,204.27
1,226.27
1,248.65
1,271.40
1,294.54
1,318.06
1,341.98
1,366.30
1,391.03
(140,635)
(251,455)
(542,333)
(830,545)
(1,114,676)
(1,401,416)
(1,692,802)
(1,990,173)
(2,288,048)
(2,596,960)
(2,916,867)
(3,248,509)
Cumulative Dollar Difference
Assumed - 3% in O&M
Capital Costs Increasing @ 5.5%, Depreciate new WTP over 40 years (from 11/12)
Assumed - 1% Growth in Units
5.3% Increase applied to consumption offset
28
10% Increase Until Uniform Charge
Agnes Water / 1770
Rate Levied 09/10
$
Dollar ($) Rate Increase
$
Item
537.19 -
***Price as at Year 10 - Uniform Charge
416.00
416.00
Operations & Maintenance - GRC
Operations & Maintenance - Contract
Engineering Overhead
Depreciation of Current Assets
Asset Replacement Toll
Loan Repayments for Existing Facilitiy
Loan Repayments for New Infrastructure
Credit from Headworks
Credit for Water Costs Recovered through
Consumption Charge
Total
No of Equivalent Services
Cost per unit before Discount
Grossed up for Discount
Actual Income
ML Consumption
Price Per ML (3% Growth)
Loss Rate
Cumulative Dollar Difference
$
416.00
2009/10
Anticipated
575,065
91,626
126,187
38,075
$
$
3.00%
12.00
428.00
2010/11
Actual
60,856
319,531
147,083
242,397
(28,368)
19,720
(11,066)
(281,848)
520,737
(356,111)
422,410
$
$
3.00%
13.00
441.00
2011/12
Budget
166,896
528,504
182,480
255,729
247,088
19,720
534,562
(340,560)
1,594,419
$
$
3.00%
13.00
454.00
2012/2013
Budget
171,903
1,094,990
187,954
269,794
312,814
19,720
1,957,852
(326,834)
3,688,194
6.81 Difference in Year 2019/2020 Price
(343,371)
3,747,345
(360,746)
3,808,731
(379,000)
3,872,446
(398,177)
3,938,587
$
$
6.00%
30.00
537.00
2017/2018
Budget
199,283
1,269,394
217,891
352,610
408,835
19,720
1,957,852
(418,325)
4,007,259
$
$
0.50%
3.00
540.00
2018/2019
Budget
205,261
1,307,476
224,427
372,003
431,321
19,720
1,894,219
(439,492)
4,014,935
542.78
(1.22)
$
$
0.65%
4.00
544.00
2019/2020
Budget
211,419
1,346,700
231,160
392,464
455,044
19,720
1,894,219
(461,731)
4,088,995
545.17
(1.83)
$
$
0.50%
3.00
547.00
2020/2021
Budget
217,761
1,387,101
238,095
414,049
480,071
19,720
1,894,219
(485,094)
4,165,923
1,226
1,226
1,207
1,231
1,256
1,281
1,307
1,333
1,359
1,386
1,414
1,443
424.87
344.64
1,320.95
2,995.71
2,984.07
2,973.48
2,963.95
2,955.46
2,948.03
2,895.76
2,891.35
2,887.99
472.07
456,749
86.19
3.27
382.93
493,107
87.92
3.37
1,467.73
481,975
89.67
3.47
3,328.56
3,315.63
3,303.87
3,293.27
3,283.85
3,275.59
3,217.51
3,212.61
3,208.87
91.47
3.57
93.30
3.68
95.16
3.79
97.07
3.90
99.01
4.02
100.99
4.14
103.01
4.27
105.07
4.39
107.17
4.53
(1,248,035)
(4,787,081)
(63,988)
(8,754)
(8,363,091)
Current WDV of Asset Base
8,666,235
Assumed - 3% in O&M
Capital Costs Increasing @ 5.5%, Asset Replacement Toll Indexed @ 5.5%
Assumed - 2% Growth in Units
5.3% Increase applied to consumption offset
Desal functional Aug 2011 - Water Tolls from this point
O&M Contract Common Costs Split 60/40 Water/Sewer
Development Headworks assumed growth of 2%
Recognise that little headworks growth is expected in the short term
29
Long Term Financial Plan
538.81
10 Year Phase in Period to Full Price Recovery
3.00%
3.00%
2.00%
3.00%
$
14.00 $
14.00 $
10.00 $
15.00
$
468.00 $
482.00 $
492.00 $
507.00
2013/2014
2014/2015
2015/2016
2016/2017
Budget
Budget
Budget
Budget
177,060
182,372
187,843
193,478
1,127,840
1,161,675
1,196,525
1,232,421
193,593
199,401
205,383
211,544
284,633
300,287
316,803
334,227
330,019
348,170
367,319
387,521
19,720
19,720
19,720
19,720
1,957,852
1,957,852
1,957,852
1,957,852
-
(11,977,620)
(15,637,531)
(19,338,087)
(23,060,653)
(26,772,989)
(30,546,983)
(34,386,738)
10% Increase Until Uniform Charge
COMBINED SCHEMES
Rate Levied 09/10
10 Year Phase in Period to Full Price Recovery
Dollar ($) Rate Increase
Item
Operations & Maintenance - GRC
Operations & Maintenance - Contract
Engineering Overhead
Administration Overhead
Depreciation of Current Assets
Asset Replacement Toll
Loan Repayments for Existing Facilitiy
Loan Repayments for New Infrastructure
Credit from Headworks
Credit for Water Costs Recovered through
Consumption Charge
Total
No of Equivalent Services
Cost per unit before Discount
Grossed up for Discount
Actual Income
Cumulative Dollar Difference
$
-
2009/10
Anticipated
3,051,080
1,736,725
619,160
2,181,123
117,503
(28,368)
(394,513)
7,282,710
$
$
$
$
2010/11
Actual
2,389,516
319,531
188,233
3,050,950
1,665,420
99,148
(11,066)
(486,565)
7,215,167
28,348
28,348
256.90
285.45
5,007,531
(2,275,179)
2011/12
Budget
3,048,260
528,504
234,899
4,033,094
1,775,643
247,088
99,148
534,562
(472,860)
10,028,338
28,504
$
$
2012/2013
Budget
3,139,708
1,094,990
241,946
4,154,087
1,873,303
312,814
99,148
1,957,852
(466,146)
12,407,703
29,340
$
$
2013/2014
Budget
3,233,899
1,127,840
249,204
4,278,709
1,976,335
330,019
99,148
1,957,852
(490,067)
12,762,940
30,201
$
$
2014/2015
Budget
3,330,916
1,161,675
256,680
4,407,071
2,085,034
348,170
468,273
1,957,852
(515,216)
13,500,454
30,801
$
$
2015/2016
Budget
3,430,843
1,196,525
264,381
4,539,283
2,199,710
367,319
468,273
1,957,852
(541,657)
13,882,530
31,414
$
$
2016/2017
Budget
3,533,769
1,232,421
272,312
4,675,461
2,320,695
387,521
784,666
1,957,852
(569,455)
14,595,243
32,038
$
$
2017/2018
Budget
3,639,782
1,269,394
280,482
4,815,725
2,448,333
408,835
1,575,648
1,957,852
(598,681)
15,797,370
32,675
$
$
2018/2019
Budget
3,748,975
1,307,476
288,896
4,960,197
2,582,991
431,321
1,575,648
1,894,219
(629,407)
16,160,316
33,325
$
$
2019/2020
Budget
3,861,445
1,346,700
297,563
5,109,003
2,725,056
455,044
1,575,648
1,894,219
(661,711)
16,602,966
33,988
$
$
2020/2021
Budget
3,977,288
1,387,101
306,490
5,262,273
2,820,395
480,071
1,575,648
1,894,219
(695,673)
17,007,811
34,663
254.52
351.82
422.89
422.60
438.31
441.93
455.56
483.47
484.93
488.50
490.66
282.80
390.91
469.88
469.56
487.01
491.03
506.17
537.19
538.81
542.78
545.17
(2,751,790)
(5,721,341)
(10,004,368)
(13,458,443)
(16,472,386)
(18,523,220)
(19,800,883)
(20,642,164)
(20,634,182)
(20,624,884)
(20,594,400)
11
12
13
14
15
16
17
18
19
20
21
6,648,090.18
116,117.67
524,578.20
7,288,786
(655,991)
7,758,198.49
134,007.71
532,295.82
8,424,502
(758,205)
8,795,588.15
148,773.71
558,946.82
9,503,309
(855,298)
9,973,974.99
165,287.59
587,706.73
10,726,969
(965,427)
11,193,714.97
175,454.06
617,393.45
11,986,562
(1,078,791)
12,547,454.88
183,938.04
642,806.49
13,374,199
(1,203,678)
14,072,178.78
191,441.37
675,652.34
14,939,272
(1,344,535)
15,776,610.78
204,796.95
729,944.40
16,711,352
(1,504,022)
17,007,186.42
208,000.48
748,702.75
17,963,890
(1,616,750)
17,476,067.29
211,636.63
769,333.67
18,457,038
(1,661,133)
17,924,072.55
214,931.78
789,047.85
18,928,052
(1,703,525)
Current
Awoonga
MV Bororen
Agnes
Total Gross Water Access
Water Discount
-
0.16
0.13
0.13
0.12
0.12
0.12
0.12
0.07
0.03
0.03
30