FY 23 APPROVED CAPITAL BUDGET

Water Meter Upgrade

WATER Project Number: Council District:

Operating Budget Impact

W136729 Multiple

Revenues:

Location:

Various

Expenditures: Cost Savings: None:

Est. Debt Service:

$0

(annual)

X

Expended/Encumbered as of 2/9/22: $1,647,383

Project Schedule/Status: 2022: Large meter evaluation 2022 - 2023: Large meter replacement Estimated 7,000 upgrades needed.

PROJECT DESCRIPTION: This project shall allow for the purchase and installation of replacement water meters and encoder receiver transmitter (ERT) to enable the meters to be read more efficiently by vehicle mounted radio systems. This project will convert the approximately 7,000 remaining older meters to provide for improved efficiency in terms of read time. This project will also provide for the purchase and installation of new large commercial or interconnection meters that have reached the end of their useful life.

EXPENDITURE SCHEDULE

Approp Total

Cost Element

Prior

FY 2023

FY 2024 FY 2025 FY 2026 FY 2027 FY 2028

TOTAL

Engineering/Design Land Acquisition

150,000

150,000 250,000

250,000

650,000

0

0

Construction

1,020,000

1,020,000

1,020,000

Inspection Fees

0

0

Equipment/Furnishing

940,000

940,000

940,000

Total Cost:

2,110,000

0 2,110,000 250,000

0 250,000

0

0

2,610,000

FUNDING SCHEDULE

R8750 Paygo

2,110,000

2,110,000 250,000

250,000

2,610,000

0 0 0 0

0 0 0 0

Total Cost:

2,110,000

0 2,110,000 250,000

0 250,000

0

0

2,610,000

375