AGENDA

CABOT WATER AND WASTEWATER COMMISSION

MEETING 7/23/20- 6:30 PM

CABOT WATERWORKS ADMINISTRATION OFFICE #1 CITY PLAZA, SUITE B

• OPENING PRAYER • APPROVAL OF MINUTES OF PREVIOUS MEETING - (TAB A) • GENERAL MANAGER'S REPORT- (TAB B)

o INTERNAL FUNDED WATER PROJECTS o INTERNAL FUNDED WASTEWATER PROJECTS o ANRC Water Plan Determination

• FINANCIAL REPORT - BROWN - (TAB C)

BUSINESS ITEMS:

NON-AGENDA ITEMS

PUBLIC INPUT

ADJOURN

Cabot Water & Wastewater Commission Meeting June 25, 2020 AT 6:30 P.M.

via Phone Conference Call due to COVID-19

Attendees: Gary Walker, Jim Burk, Richard Gray, Bert Mayer, Baxter Drennon, Karen Ballard, Bruce Brown, and Tim Joyner

Absent: Jon Steelman

Gary Walker called the meeting to order at 6:30 P.M.

Jim Burk led the opening prayer.

Bert Mayer made a motion to approve the minutes from May 28, 2020, 2nd by Richard Gray. Motion Carried unanimously.

GENERAL MANAGER'S REPORT:

Water Projects: Crews continue leak repairs and new meter installations.

A couple of water crews have assisted with wastewater projects.

Wastewater Projects:

Clarifier drives have been delivered to the WWTP. Contractor is waiting for rainstorms to

subside, hopefully in July.

Crews have finished replacing 1135 ft. of 8,, sewer pipe from St John to Ritchie Rd. in ally

behind Collins. Final cleanup pending dry weather.

Crews will begin replacing 437 ft. of ff, sewer pipe in Pheasant Run the first of July.

FINANCIAL REPORT:

Bruce presented the May Financial Report. Bert Mayer made a motion to approve the Financial Report, 2nd by Jim Burk, Motion Carried Unanimously.

BUSINESS ITEMS:

Bert Mayer made a motion to extend the Temporary Policy for Billing Office and Bill Due date during COVID-19 Emergency through July 31, 2020, 2nd by Richard Gray. Motion Carried Unanimously.

A motion made by Bert Mayer to accept the 2019 Audit, 2nd Jim Burk. Motion Carried Unanimously.

Bert Mayer made a motion to amend the 2020 Budget to purchase a Ram 3500 crew cab for $42,083. 2nd Richard Gray. Motion Carried Unanimously.

Bert Mayer made a motion to approve the purchase of a Ram 3500 crew cab from State Bid for $42,083, 2nd by Jim Burk. Motion Carried Unanimously.

NON-AGENDA ITEMS: NONE

PUBLIC INPUT: NONE

Gary Walker adjourned the meeting at 6:54pm

Minutes prepared by Karen Ballard

____ i ..................... A __ :t...,...,.,,...J.4:--4......_ ________ JIM BURK, COMMISSION SECRETARY r f?r. L-

•aterWor1te C ABOT

Water Capital Fund Balance

Forecast Project ID Water Projects

Project Status

Total To Date: Totals: Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 -

20001 20002 20003 19004 20004 20005

Rep I Service Lines for 2019 In-Progress 160,523 500,000 38,925 41,667 41,667 41,667 41,667 Meter ChanQe Outs (Labor) ln-ProQress 17,063 40,000 4,968 3,333 3,333 3,333 3,333 Hard Sets (New Serivce) In-Progress 3,888 42,000 991 3,500 3,500 3,500 3,500 Water Adjustments HWY 321 In-Progress 134,223 260,000 62,888 62,888 Rep! Water Main 1050 ft 8 in PVC Collins Alley Complete 42,481 55,000 400 ft 2in PVC Water Line Ext 1421 E Justice Rd In-Progress 25,000 4 25,000 (25,000)

Water Capital Forecast Administration - Office equipment 2020 Budget 30,000 7,000 10,000

Water Maintenance Facility 2020 BudQet 400,000 Water, Wells, and Pumps 2020 Budget 7,740 57,422 24,841 Water - Vehicles and Machinery 2020 Budget 64,610 361,820 2,498 148,000

Salvage Value of vehicles and machinery 2020 Budget (93,000) (93,000) Water - Meters 2020 BudQet 136,451 145,000 4,275

Meter Boxes and Lids 2020 Budget 13,363 14,000 637 Sub-Total (54,386} (49 ,137) (309 ,229) (7 ,663) (48,500)

Balance in Capital Improvements: 1,616,988 Balance in Cash Accounts and Investments: 2,501 ,390

(Accounts Payable) : -23,720 2% Transfer for Capital Improvements: 6,619 6,703 6,673 6,600

Other Income: Forecast increase in Cash: 120,000 120,000 120,000 120,000

Balance: Projected Cash Balance: 4,094,658 4,1 72,140 3,989,614 4,108,624 4,186,724

Projected Cash Balance:

::~~~:~~~ I " """ LLO 4±1-/44,H----------.,._,_.,.,,,_,_....,_,. ___ _,_

4,000,000

3,500,000

3,000,000

2,500,000

2,000,000

1,500,000

1,000,000

500,000

0

Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21

41 ,667 41 ,667 41 ,667 41 ,667 3,333 3,333 3,333 3,333 3,500 3,500 3,500 3,500

10,000

24,841 148,000

4,274

(48,500) (235 ,615) (48,500) (48,500)

6,886 7,104 8,027 9,339

120,000 120,000 120,000 120,000 4,265,110 4,156,599 4,236,126 4,316,965

• Projected Cash Balance :

Fe b-21

•aterWor1r,.

C ABOT Projects

l&I (20N01) Grinder Pump Rebuild (20N02)

Wastewater Adiustments HWY 321 (19N04)

1135 ft B in PVC Sewer Collins MH 106B to MH 1076 (19N10)

Replace 2 Clarifier H-Drives (19S01)

Rep! 700ft Sewer Bin PVC Kinq St to Elm MH1175 to MH747 (20N03) Repl 367ft 10in Sewer across Jackson in alley MH2B60 to MH695 (20N04)

Repl 432ft 6in Sewer Pheasant Run MH1342 to MH1343 (20N07)

Repl 316ft Bin PVC Jovland Skate Ctr MH 1131 to MH 1140 (20NOB)

Rep! 9B5ft Bin PVC N Grant St MH 701 to MH 2543 !20N09)

Wastewater Treatment Plant (Repair of Auto-Transfer Switch)

Wastewater Lift Station/Pumps

Wastewater Grinder Pumps

Waste - Vehicles and Machinery

Salvaae Vehicles

5,000,000

4,500,000

4,000,000

3,500,000

3,000,000

2,500,000

2,000,000

1,500,000

1,000,000

500,000

Jun-20

Capital Expenditures

Jul-20 Aug-20

Wastewater Capital Fund Balance

Status Total To Date Forecast Total

ln-Proqress 20,564 62,B09 ln-Proqress 21,644 30,000

ln-Proaress 43,622 43,622

Complete 71,5B6 71,5B6

ln-Proqress 130,000 Complete 53,7B1 53,7B1

Complete 34,7BO 34,7BO Complete 22,000 Complete 16,000

ln-Proaress 65,000

2020 Budqet 36,9BO 50,000 2020 Budget 16,914 90,000 2020 Budqet 26,345 30,000 2020 Budqet BB,19B 90,000

Sub-Total

Balance in Capital Improvements: Balance in Cash Accounts and Investments:

Accounts Payable taken into account in above total : 2% Transfer for Capital Improvements:

Forecast increase in Cash: Projected Cash Balance:

Projected Cash Balance:

Sep-20 Oct-20

Jun-20

9,57B

4,531

24,491

3,2B5 100

4,510

3,776

B0,955

(131 ,226

441,190 4,19B ,557

4,639,747

Nov-20

Jul-20

5,000

2,500

11 ,000

B,000

21,667

10,000

(5B,167)

1,B96 44,000

4,627,476

Dec-20

Aug-20

5,000

2,500

65,000

10,900

B,000

21 ,667

10,000 2,000

(20,000)

(105,067)

1,BB1 44,000

4,568,290

Sep-20

5,000 2,500

65,000

21,667

6,510

10,000

23,000

(133,677)

1,B22 44,000

4,480,435

Jan-21

Oct-20

5,000

2,500

10,000

(17,500)

1,931 44,000

4,508,866

Nov-20

5,000

2,500

10,000

1,700

(19,200)

1,977 44,000

4,535,643

Dec-20

5,000

2,500

6,510

10,000

(24,010)

2,143 44,000

4,557,776

• Projected Cash Balance :

Jan-21

5,000

2,500

(7,500)

2,31B 44,000

4,596,594

ARKANSAS DEPARTMENT OF AGRICULTURE

Asa Hutchinson Governor

1 Natural Resources Drive, Little Rock, AR 72205 agriculture.arkansas.gov

(501) 225-1598 Wes Ward Secretary of Agriculture

July 8, 2020 CERTIFIED MAIL: RETURN RECEIPT REQUESTED NUMBER: 7005 1160 0003 3101 3122

Mr; Tim Joyner, P.E. General Manager, Cabot Wate1works One City Plaza, Suite B Cabot, Arkansas 72023

Re: City of Cabot's Water Plan Compliance Determination - WPC Number 2019 0814"001

Dear Mr. Joyner:

The review of your water project has been completed and my findings are that it is in compliance with the Arkansas Water Plan. Enclosed is a copy of the Determination of Water Plan Compliance (WPC) for your files.

If you need assistance or have any questions concerning this project, contact Mr. Vernon Lowe, Water Resources Engineer, at (501) 682-0555.

Sincerely,

Bruce Holland Director, Natural Resources Division

FBH/AMBNLL

Enclosure

cc: Lance Jones, P.E., Arkansas Department of Health

BEFORE THE ARKANSAS NATURAL RESOURCES COMMISSION

IN THE MATTER OF: Cabot, Arkansas WPC #: 2019 08 14-001

This application was considered for Water Plan Compliance pursuant to Arkansas Code Annotated §15-22-503 and the Arkansas Natural Resources Commission's Title VI - Rules Governing Water Development Project Compliance with the Arkansas Water Plan. Based upon the record of this matter, I, Bruce Holland, acting as referee for the Arkansas Natural Resources Commission ("ANRC"), and as the Director of the Natural Resources Division (NRD), do make the following findings of fact and conclusions of law:

1. On August 30, 19991, ANRC's Executive Director issued a Final Determination approving Cabot's water plan compliance request to add six new water wells as an interim groundwater supply to be used until the completion of the Lonoke/White Project. Because the Final Determination was not appealed, it became a final agency action.

2. Cabot's well field uses the alluvial aquifer as the source of water. This aquifer is within the Grand Prairie Critical Groundwater Area.

3. In 2007, Cabot requested to increase the amount of withdrawal from its existing wells field from three to six million gallons per day ("MOD") and to delay the date by which it would have to cease ordinary usage of the well field from January 1, 2023 until January 1, 2030. Cabot requested the deadline extension to facilitate repayment of loans it obtained to finance improvements necessary to c01mect to and obtain surface water from Central Arkansas Water.

4. ANRC's Executive Director issued a Final Determination approving Cabot's request to increase its withdrawal rate to six MGD but denying its request to extend the time-period for ordinary usage of its well fields.

5. Upon timely appeal of the Executive Director's Final Determination to the Commission by a nearby land user, ANRC took the following actions;

a. It reversed the Executive Director's decision allowing Cabot to increase its withdrawal to six MOD and thereby reinstating the three MGD limit; and

1 ANRC amended this Order on April 4, 2001 to correct a scrivener's enor that inconectly referenced construction of four wells rather than the intended six wells. /

b. It upheld the Director's denial of the extension beyond January 1, 2023.

6. The City of Cabot, Arkansas ("Cabot"), by its request made October 25, 2018, now asks ANRC to again consider allowing Cabotto use its well field until its loans are paid on October 15, 2029.

7. Cabot cites a three hundred percent (300%) increase in Central Arkansas Water's rates as well as increased water levels within the Alluvial Aquifer as support for its extension request.

8. The City of Cabot also request the wells remain available for emergency use should the need arise in the future.

9. The Commission is charged with preparing, developing, f01mulating, and engaging in a comprehensive program for the orderly development and management of the state's water resources; this program is referenced as "The Arkansas Water Plan." Ark. Code Ann. § 15-22-503(a).

10. Cabot's request to extend usage of its well field beyond the date previously approved throughANRC's water plan.compliance decisions requires authorization that operation of the project is consistent with· orderly development and management of the state's water resources.

11. In making a water plan compliance decision, Section 601.5 of ANRC's Title VI, Water Plan Review Compliance Procedures, requires the Executive Director to consider the following factors: purpose of the project, existing conditions, benefits expected from the project, general nature of the project, geographic area to be served by the project, necessity of project, feasibility of project, estimated cost and affordability, and degree to which the project coordinates regional water resources.

12. Notice of Hearing was published on Sunday, September I, and Sunday, September 8, 2019 in the Arkansas Democrat Gazette, a paper of general circulation in Arkansas.

13. The Applicant was represented by Mr. Tim Joyner, P.E., General Manager, Cabot Waterworks.

14. No additional information was received during the comment period.

15. The Mississippi River Alluvial Aquifer in Lonoke County continues to be pumped at a rate that is above the-sustainable yield of the aquifer. Groundwater levels within Lonoke County have declined at a rate of nearly one foot per year (-0.934 ft/yr) since issuance of the 2007 ANRC Order allowing Cabot to continue using the well field as a source of water. Cabot's use of groundwater contributes to additional declines in groundwater levels, but the contribution is minimal when compru·ed to the relatively much larger agricultural use in the county. Cabot's withdrawal of three MGD from its well field is less than one percent (0.87%) of the county's total reported 2015 use.

ORDER

1. I have reviewed the application and find that Cabot's request to continue operation of its well field beyond the previously approved deadline complies with the Arkansas Water Plan because it implements the goals and objectives of the Arkansas Water Plan by encouraging water systems to coordinate the efficient use of water resources in the project vicinity and sunounding region. However, because of ongoing concern related to continued mining of the Alluvial Aquifer, extension of the deadline is conditioned upon the following:

a. Cabot may use its well field until October 1, 2026; b. Cabot will operate its well field in a manner which will limit the impact of its

withdrawals to the surrounding landowners; c. On or before October 1, 2026, Cabot must abandon all water source wells by

removing all water well pumps and appurtenances and by capping the wells in a manner that complies with the rules of the Water Well Construction Commission and that is approved by NRD Groundwater Section in order to allow monitoring of the ground water levels.

d. Allow NRD, USGS, and NRCS access to the abandoned wells for the purposes of monitoring activity within the aquifer.

e; Following October 1, 2026, Cabot may use its wells if emergency situations wananty with prior written authorization from the Director of the NRD.

2. This Water Plan Compliance Determination supersedes the Cabot Water Plan Compliance Dete1minations 1999 07 23-523 and 2007 05 02-001.

This determination entered the 08 day of July, 2020.

Director, Natural Resources Division I 01 East Capitol, Suite 3 5 0 Little Rock, AR 72201 (501) 682-1611

Cabot Waterworks Statement of Net Position

For the Six Months Ending June 30, 2020

Total

ASSETS

Current Assets

Cash $6,699,946.75 Cash in Capital Improvement Accounts 2,058, 178.19 Accounts Receivable, net of allowance for bad debts $ 8,258 Receivable - FSA Unbilled Revenue Inventory Prepaid Expenses

Total Current Assets

Property, Plant and Equipment

Building ~·r. 3.25 Administration 6; ,770.73 Administration - Land 203,265.00 Water 55,357,518.24 Wastewater 30,446,327.19 Construction Work in Progress 783,519.65 Storage Ponds . 115,845.44 Developer Contributions 17,975,670.84 Accumulated Depreciation (32,351,642.18)

Total Property, Plant and Equip 72,875,068.16

Other Assets

Deferred Outflows of Resources (Pensions) 282,269.00

Total Other Assets 282,269.00

Interdepartmental Adjustment (2,769,916.00)

Total Assets $81,031,550.93

Water Wastewater

$2,501,390.01 $4, 198,556.74 1,616,988.39 441,189.80

637,730.53 101,420.03 14,179.57 3,819.88

317,570.96 79,392.74 291,170.57 85,837.53 336,850.87 18,032.15

'715,880.90 4,928,248.87

15,702.25 60,091.00 244,719.33 24,051.40 170,742.60 32,522.40

55,356,357.96 1,160.28 30,446,327.19

355,093.19 428,426.46 115,845.44

4, 759,402.30 13 ,216,268 .54 (18, 756,386.32) (13,595,255.86)

42,145,631.31 30,729,436.85

125,589.69 156,679.31

125,589.69 156,679.31

(2,789,932.07) 20,016.07

$45,197,169.83 $35,834,381.10

Current Liabilities

Accounts Payable Payable - Sanitation Fees Customer Refunds Sales Tax Payable Accrued expense Payroll Taxes Payable Withholdings Payable Garnishments Accrued Payroll Accrued PTO Accrued Interest

Total Current Liabilities

Noncurrent Liabilities

Note payable - ANRC #1 Note payable - ANRC #2 Bonds Payable Accrued sludge removal Customer Meter Deposits Net Pension Liability

Total Noncurrent Liabilities

Deferred Inflow of Resources Pensions

Net Position

Developer Contributions Contributed Capital Net investment in capital assets Restricted Net Position Current Unrestricted Net Position Unrestricted Net Position

Total Net Position

Total Liabilities and Net Position

Cabot Waterworks Statement of Net Position

For the Six Months Ending June 30, 2020

Total

LIABILITIES AND NET POSITION

3,004,021.89 4,363,629.13

117,656.00 244,348.02 826,174.78

1,892,096.00

10,447 ,925.82

143,560.00

21,521,028.84 15,539,482.45 18, 124,449.00

1,256,525.00 14,119.85

13,503,949.76

69 ,959 ,554.90

$81,031,550.93

Water Wastewater

$23,720.13 $12,770.17 150,488.03

793.29 22,428.56 21,176.31 198.45

6,959.73 2,319.90 8,723.09 2,602.66

(85.00) 27,316.74 7,397.50

107,691.17 35,897.05 50,112.43

369,212.05 111,298.16

3,004,021.89 4,363,629.13

117,656.00 244,348.02

826,174.78 1, 137,663.19 754,432.81

9,331,488.99 1,116,436.83

84,508.70 59,051.30

6, 712,482.35 14,808,546.49 1,504, 788.34 14,034,694.11

14,022,566.30 4,101,882.70 1,091,638.16 164,886.84

209,452.68 (195,332.83) 11,871,032.26 1,632,917 .50

35,411,960.09 34,547,594.81

$45,197,169.83 $35,834,381.10

Cabot Waterworks Supplementary Statement of Revenues, Expenses, and Statement of Net Position

For the Six Months Ending June 30, 2020

Consolidated Water Wastewater Administrative Current YTD Current YTD Current YTD Current YTD

Revenue Water $415,919.07 $2,178,819.68 $415,919.07 $2, 178,819.68 Wastewater 111 , 117.73 605,229.29 111,117.73 605,229.29 Fees - service connection 975.00 16,650.00 675 .00 12,525.00 300.00 4, 125.00 Fees - disconnection 25.00 4,675.00 20.00 3,740.00 5.00 935 .00 Fees - late charges 9,475 .96 58,405 .79 7,580.77 46,724.63 1,895.19 11 ,681.16 Return checks & fees 260.00 1,920.00 208.00 1,536.00 52.00 384.00 Miscellaneous 2,875 .00 11 ,686.93 2,575.00 8, 186.93 300.00 3,500.00 EPAC fees billed 4,116.00 24,545.60 4,116.00 24,545.60 EPAC fees paid (3,870.45) (23,222. 75) (3,870.45) (23,222 .75) Sanitation fees billed 155, 158.24 925,410.44 155,158.24 925,410.44 Sanitation fees paid ( 153, 707.49) {914,810.95) { 153, 707.49) (914,810.95)

Total Revenue 542,344.06 2,889,309.03 428,674.14 2,263,454.58 113,669.92 625,854.45

Operations and Maintenance

Power 20,594.26 153,294.36 13,385.90 69,431 .53 83 ,862.83 Labor 99,285 .86 628,545.52 66,781.51 426,224 .06 202,321.46 Capitalized Labor Cost (61 ,228 .11) (348,829.79) (23,720.77) ( 135,682.56) (213,147.23) Payroll taxes 7,063 .98 45,985 . 15 5,547.08 36, 158.86 9,826.29 Retirement 14,847.15 92,848.11 11 ,746.19 72,815.96 20,032.15 Insurance - workers comp 2,097.00 12,568.56 952.58 6,296.17 6,272.39 Insurance - health 11,504.20 69,886.78 8,342.64 53,516.93 16,369.85 Outside labor 3,260.90 9,200.18 4,329.21 4,870.97 Lab fees & supplies 5,570.56 16,864.43 2,485 .56 4,609.43 12,255 .00 Chemicals 1,215.75 7,522.30 1,215.75 6,952.30 570.00 Materials & supplies 15,687.18 67,723.27 12,241.96 37,231.15 30,492.12 Grinder Pump Repairs 2,325.88 8,636.02 ,636.02 Street repairs 1, 100.00 5, 160.00 1,100.00 ;11 0.00 Small tools 1,614.24 14,399.98 1,430.35 61g4'3.20 Safety supplies 645.84 2,479.64 621.21 357.20 Equipment rental 143.65 143.65 Purchased water 20,507.54 130, 111.99 20,507.54 Licenses/pennits/fees 120.00 R& M-plant 548.93 878.61 117.04 R & M - field vehicles 4,077.62 37,903 .06 16,876.05 R & M - field equipment 1,733.86 12,358.68 9,010.26 Fuel - field 3,941.37 25,650.27 8,004.38 Insurance - vehicles & equ 1,800.41 10,741.61 5,067.35 Insurance - property 3,135.30 17,061.80 8,233 .68 Public safety 22,000.00 132,000.00

Total Operations and Maint 183,329.72 28,538.28 238,254.66

General and Administrative Amortization 3,791.02 3,791.02 3, 791.02 Contracted services 97.50 Dues & subscriptions 2,311.90 1,861.86 5, 735.55 Education & seminars 1, 143.55 Employee recognition 81.49 661.38 142.02 Fuel - admin 265.38 1,866.52 Insurance - admin vehicle 71.10 426.60 Interest expense 118,011.14 Licenses & permits 75.00 50.00 264.00 (50.00) 25.00 50.00 Locator/One call expenses 1,476.10 1,476.10 3,477.91 Medical expenses 100.00 100.00 705.69 New hire expense 1,046.14 1,046.14 3,745.34 Office expense 2, 168.50 485.00 3, 145.68 (145 .62) 257.68 1,829.12 10,033 .99 Postage & delivery 2,840.36 2,746.37 19,052.10 23.68 93.99 552.97 Printing & reproduction 3,834.89 Professional fees - audit 4,400.00 4,400.00 13,750.00 Professional fees - legal 3,376.14 3,376.14 13,318.43 Public relations 2,359.33 425 .00 P,ublic notification 815.95 Rent - building 3,325.00 1,862.50 11 , 175.00 1,462 .50 8,775.00 R& M - office 438.00 438.00 2,246.92 R & M - building 273 .57 33.61 791.63 239.96 484.86 18.75 R & M - admin vehicles 160.22 Salaries - administration 39,657.76 39,657.76 251 ,894.73 Taxes - payroll 2,641.54 2,641.54 18,265 .93 Retirement 5,631.28 5,631.28 35,428.61 Insurance - workers comp 48.50 48 .50 298.93 Insurance - health 3,842.48 3,842.48 24,976.12 Insurance - life 1,264.70 1,264.70 7,819.75 Travel 338.50 51.37 Uniforms and PPE 499.22 358.07 4,810.23 141.15 3,861.51 36.14 Utilities - electric and gas 131.47 131.47 1,016.09 Utilities - other 834.47 319.78 1,614.71 514.69 2,715.92 Utilities - telephone 1,167.29 767.75 4,204.12 321.05 1,980.02 78.49 456.59 Utilities - cellular I, 118.35 514.85 4,662.33 (13 .55) 821.15 617.05 1,969.20 Penalties & fines 58.20 G & A allocation 56,181.69 326,654.86 14,045.44 81 ,663.62 (70,227.13) {408,318.48)

Total General and Administr 82,917.20 607,564.17 63,941.57 510,928.33 18,975.63 96,635.84

Other Income and Expense

Cabot Waterworks Supplementary Statement of Revenues, Expenses, and Statement of Net Position

For the Six Months Ending June 30, 2020

Consolidated Water Wastewater Current YTD Current YTD Current YTD

Interest income $4,316.88 $51 ,363.04 $3, 11 8.20 $32,383.29 $1 ,198.68 $18,979.75 Antenna lease 24,903 .77 56,326.39 24,903.77 56,326.39 Other income 2,744.50 34,390.98 923 .04 10,865.29 1,821.46 23,525.69 Sales tax discounts 5,414.10 13,941.78 4,536.28 12,306.02 877.82 1,635.76 Gain (loss) sale/disposition of assets 16,808.04 16,808.04

Total Other Income and Exp 37,379.25 172,830.23 33,481.29 128,689.03 3,897.96 44,141.20

Increase( decrease) in Net Ass 313,476.39 1,301,320.91 243,422.42 966,215.76 70,053.97 335,105.15

Depreciation expense 212,639.02 1,287,201.06 125, 112.36 756,763 .08 87,526.66 530,437 .98

Increase( decrease) in Net Ass $100,837.37 $14,119.85 $118,310.06 $209,452.68 {$17,472.69) {$195,332.83)

Administrative Current YTD

Cabot Watenvorks Budget vs Actual - Water

For the Six Months Ending June 30, 2020

Current - ilJJ!IM:I .. .. ~mn1 .. Year to Date Actual Budget Variance -A"WMM -®bhlb- Actual Budget Variance Variance %

Revenue Water $415,9 19.07 $4 I 8,392.00 ($2,472.93) $2,121 ,098.08 3% $2, I 78,8 I 9.68 $2,23 I ,424 .00 ($52,604.32) (2%) Fees - service connection 675.00 3,870.00 (3 ,195.00) I 8,070.00 (31%) I 2,525 .00 20,640.00 (8 ,115 00) (39%) Fees - disconnection 20.00 1,953 .00 (1 ,933 .00) 10,660.00 (65%) 3,740.00 10,416.00 (6,676.00) (64%) Fees - late charges 7,580.77 9,441.00 (1 ,860.23) 49,429.01 (5%) 46,724.63 50,352.00 (3 ,627.37) (7%) Return checks & fees 208.00 450.00 (242.00) 2,188.00 (30%) 1,536.00 2,400.00 (864.00) (36%) Miscellaneous 2,575 .00 1,629.00 946.00 6,361.72 29% 8, 186.93 8,688.00 (501.07) (6%) EPAC fees billed 4,116.00 4,100.00 16.00 18,180.60 35% 24,545 .60 24,600.00 (54.40) 0% EPAC fees paid (3 ,870.45) (4, 100.00) 229.55 (I 8,520.20) 25% (23,222 75) (24,600.00) 1,377.25 (6%) Sanitation fees billed 155, I 58.24 154,050.00 1, 108.24 9 11,776.87 1% 925,410.44 924,300.00 1, 110.44 0% Sanitation fees paid (153,707.49) ( 154,050.00) 342.51 (908 796.35) 1% (914,810.95) (924,300 00) 9,489.05 (1%) Total Revenue 428,674.14 435,735.00 p,060.86) 2,210,447.73 2% 2,263,454.58 2,323,920.00 (60,465.42) {3%)

Operations and Maintenance Power 13,385.90 12,675 .00 710.90 69,685.75 0% 69,431 .53 76,050.00 (6,618.47) (9%) Labor 66,781.51 77,930.78 (I 1,149.27) 372,053 .96 15% 426,224.06 506,550.04 (80,325 98) (16%) Capitalized Labor Cost (23,720 77) (29, I 66.66) 5,445.89 (118,871.24) 14% ( 135,682.56) (174,999.96) 39,317.40 (22%) Payroll taxes 5,547.08 6,215 .39 (668.31) 31,318.74 15% 36, 158.86 40,400.02 (4,241.16) (10%) Retirement 11 ,746.19 12,875 .00 (1 ,128.81) 63 ,268.03 15% 72,815 .96 77,250.00 (4,434.04) (6%) Insurance - workers comp 952.58 1,216.66 (264 08) 6,992.98 (10%) 6,296.17 7,299.96 (1 ,003 .79) (14%) Insurance - health 8,342.64 11 ,858.33 (3 ,515.69) 54,753.46 (2%) 53 ,516.93 71 ,149.98 (17,633 .05) (25%) Outside labor 1, 158.34 (1 ,158.34) I, 138.64 280% 4,329.21 6,950.04 (2,620.83) (38%) Lab fees & supplies 2,485 .56 816.67 1,668.89 4,183.04 4,609.43 4,900.02 (290.59) (6%) Chemicals 1,215 .75 2,083 .33 (867.58) 10,241 .22 6,952.30 12,499.98 (5 ,547.68) (44%) Materials & supplies 12,241.96 8,333 .34 3,908.62 46,052.42 7,231. I 5 50,000.04 ( 12,768.89) (26%) Street repairs 1,100.00 2,975 .00 (1,87500) 3,730.00 4,020.00 17,850.00 (I 3,830.00) (77%) Small tools 1,430.35 1,466.66 (3631) 6,984.12 ,456.78 8,799.96 (I ,343 18) (15%) Safety supplies 621.21 658.34 (37. 13) 2,554.81 2.44 3,950.04 (1 ,827.60) (46%) Equipment rental 516.67 (516.67) 3, 100.02 (3 , 100.02) (100%) Purchased water 20,507.54 24,000.00 (3,492.46) 144,000.00 (13,888.01) (10%) Licenses/permits/fees 66.67 (6667) 400.02 (280 02) (70%) R& M-plant 431 .89 166.67 265.22 1,000.02 (238.45) (24%) R & M - field vehicles 2,943 .02 3,183.34 (240.32) 19, 100.04 1,926.97 10% R & M - field equipment 1,227.81 908.34 319.47 5,450.04 (2,101.62) (39%) Fuel - field 2,842.49 4,175.01 (1 ,332 52) 25,050.06 (7 ,404 I 7) (30%) Insurance - vehicles & equipment 945 .71 1,350.00 (404.29) 8, 100.00 (2,425.74) (30%) Insurance - property 1,763.02 I ,408.33 354.69 8,449.98 378. 14 4% Public safety 22,000.00 21 ,083 .33 916.67 126,499.98 5,500.02 4% Total Operations and maintenanc 154,791.44 167,954.54 (13,163.10) 1,049,800.28 p34,800. 76) p3%)

General and Administrative Bad debt 0% 10,500.00 (I0,500 00) (100%) Dues & subscriptions 450.04 (22%) 8,847.63 9,650.04 (802.41) (8%) Education & seminars (90%) 50.00 950.04 (900.04) (95%) Employee recognition 40.44 (77%) 96.09 750.00 (653 .91) (87%) Interest expense (8%) I 18,011.14 I 14,865.02 3,146.12 3% Licenses and permits 50.00 (47%) 264.00 650.04 (386 04) (59%) Office expenses 485 .00 5% 3, 145.68 4,000.02 (854.34) (21%) Postage & delivery 2,746.37 (5%) I 9,052. IO 25,950.00 (6,897 .90) (27%) Printing & reproduction 68% 3,834.89 3,000.00 834.89 28% Professional fees - well monitoring 0% 3, 100.02 (3,100 02) (100%) Public relations (Customer Damages) 45.90 5,040% 2,359.33 1,500.00 859.33 57% Public Notification 12.56 (100%) 250.02 (250 02) (100%) Rent - building I 1,175.00 0% I 1, 175.00 I 1,200.02 (25.02) 0% R& M-office 0% 199.98 (199.98) (100%) R & M - building 33 .61 1,119.59 (29%) 79 1.63 649.98 141.65 22% Travel 48 .32 601% 338.50 299.94 38.56 13% Uniforms and PPE 358.07 5,439.35 (12%) 4,810.23 4,500.06 3 IO. I 7 7% Utilities - electric and gas 131.47 1,130.57 (10%) 1,016.09 1,099.98 (83.89) (8%) Utilities - other 319.78 1,452.70 11% 1,614.71 1,450.02 164.69 11% Utilities - telephone 767.75 4,073 .19 3% 4,204. 12 4,549.98 (345.86) (8%) Utilities - cellular 514.85 4,596.53 1% 4,662.33 6,799.98 (2,137.65) (31%) Purchase discounts (1.92) (100%) 0% Penalties and fines 25 .00 (25 .00) 0% 150.00 (150.00) (100%) G & A allocations 56,181.69 66,278 .8 I (10,097.12) 326,958.51 0% 326,654.86 367,672.56 (41,017.70) (11%) Total General and Administrative 63,941.57 100,623.00 (36,681.43) 522,279.26 (2%) 510,928.33 573,737.70 (62,809.37) (11%)

Other Income and Expense Interest Income 3, 118.20 7,583 .33 (4,465 13) 45,249.72 (28%) 32,383.29 45,499.98 (13, 11669) (29%) Antenna lease 24,903.77 24,904.00 (023) 0% 56,326.39 57,239. 12 (912 73) (2%) Sales tax discounts 4,536.28 2,000.00 2,536.28 5,692.00 116% 12,306.02 12,000.00 306.02 3% Other income 923 .04 1,666.67 (743 .63) 57,563 .10 (81%) 10,865.29 10,000.02 865.27 9% Gain (loss) sale/disposition of assets I I ,438.3 I 47% 16,808 .04 16,808.04 0% Total Other Income and Expense 33,481.29 36,154.00 (2,672.71) 119,943.13 7% 128,689.03 124,739.12 3,949.91 3%

Increase (decrease) in Net Assets 243,422.42 203,311.46 40,110.96 935,524.14 3% 966,215.76 825,121.14 141,094.62 17%

Depreciation expense 125,I 12.36 126,666.67 (1 ,554.31) 756,034.74 0% 756,763 .08 760,000.02 (3 ,236.94) 0%

Increase (decrease) in Net Assets 118,310.06 76,644.79 41,665.27 179,489.40 17% 209,452.68 65,121.12 144,331.56 222%

Revenue Wastewater Fees - service connection Fees - disconnection Fees - late charges Return checks & fees Miscellaneous Total Revenue

Operations and Maintenance Power Labor Capitalized Labor Cost Payroll taxes Retirement Insurance - workers comp Insurance - health Outside labor Lab fees & supplies Chemicals Materials & supplies Grinder Pump Repairs Street repairs Small tools Safety supplies Equipment rental Licenses/permits/fees R& M-plant R & M - field vehicles R & M - field equipment Fuel - field Insurance - vehicles & equipment Insurance - property Total Operations and maintenanc

General and Administrative Amortization Bad debt Dues & subscriptions Education & seminars Employee recognition Interest expense Licenses and permits Office expenses Postage & delivery Publ ic relations (Customer Damages) Public Notification R& M-office R & M - building Travel Uniforms and PPE Utilities - other Utilities - telephone Utilities - cellular Penalties and fines G & A allocations Total General and Administrative

Other Income and Expense Interest Income Antenna lease Sales tax discounts Other income Gain (loss) sale/disposition of assets Total Other Income and Expense

Increase (decrease) in Net Assets

Depreciation expense

Increase (decrease) in Net Assets

Current Actual

$111 , 117.73 300.00

5.00 1,895 .19

52.00 300.00

113,669.92

7,208.36 32,504.35

(37,507.34) 1,516.90 3, 100.96 1,144.42 3,16156 3,260.90 3,085 .00

3,445.22 2,325 .88

183.89 24.63

117.04 1,134.60

506.05 1,098.88

854.70 1,372.28

28,538.28

3,791.02

81.49

(145.62)

239.96

1, 198.68

877.82 1,821.46

3,897.96

70,053.97

87,526.66

07,472.69)

Budget

$112,941.00 972.00 486.00

2,358.00 108.00 864.00

117,729.00

20,558.33 26,907 .69

(12,500 00) 1,923 .07 4,466.67 1,144.42 4,150.00 2,800.00 2,266.67 1,858.33 3,750.00 2,750.00

850.00 791.67 375.00

83.33 516.67 791 .67

3,025.00 1,591.67 1,958.33 1,083.34 1,308.34

72,450.20

270.42 1,000.00

6,353.75

31,509.66

91,388 .75

(59,879.09)

Cabot Watenvorks Budget vs Actual - Wastewater

For the Six Months Ending June 30, 2020

MM!lftfflhllMM MM!lttMji§:IMM Year to Date Variance

($1,823.27) (672.00) (48100) (462.81) (5600)

(564.00) (4,059.08)

(13,349.97) 5,596.66

(25,007.34) (406.17)

(1,365 .71)

(988.44) 460.90 818.33

(1 ,858.33) (304.78) (424.12) (850.00) (607.78) (350.37) (83.33)

(516.67) (674.63)

(I ,890.40) (I,085 62)

(859.45) (228.64)

63 .94 (43,911.92)

(3 ,884.65)

607.40 821.46

(2,455.79)

38,544.31

(3 ,862 09)

42,406.40

_a.w~ -®€HM- Actual

$595,937.30 2% 6, 165.00 (33%) 2,665 .00 (65%)

12,357.24 (5%) 547.00 (30%)

4 800.00 (27%) 622,471.54 1%

110, 174.94 (24%) 132,432.48 53% (70,870 55) 201%

7,980.79 23% 16,204.87 24% 2,437.99 157%

10,387.62 58% 4,510.42 8%

12,620.00 (3%) 0%

17,429.75 75% 4,720.68 83%

3,329.91 417.34

0% (112%)

39% 0%

(23%) 0%

(100%) 126%

(100%) 68% 51% 5%

(60%) 0%

81 739.65 0% 95,649.28 1%

30,534.83 (38%) 85,238 .92 (100%)

0% 27,471.73 (14%) 27 258.06 100%

170,503.54 (74%)

405,138.08 07%)

532,332.06 0%

(127,193.98) 54%

$605,229. 29 4, 125.00

935 .00 11 ,681.16

384.00 3,500.00

625,854.45

83,862 .83 202,321.46

(213 , 147.23) 9,826.29

20,032.15 6,272.39

16,369.85 4,870.97

12,255.00 570.00

30,492.12 8,636.02 1, 140.00 6,943 .20

357.20 143 .65

3,791.02

661.38

(50.00) 257.68

23 .68 425 .00

484.86

3,861.51 2,715 .92 1,980.02

821.15

81,663 .62 96,635.84

18,979.75

1,635 .76 23,525 .69

44,141.20

335,105.15

530,437.98

(195,332.83)

Budget

$602,352.00 5,184.00 2,592.00

12,576.00 576.00

4,608.00 627,888.00

123,349.98 174,899.98 (75,000 00) 12,499.96 26,800.02

6,866.52 24,900.00 16,800.00 13,600.02 11 , 149.98 22,500.00 16,500.00 5,100.00 4,750.02 2,250.00

499.98 3, 100.02 4,750.02

18, 150.00 9,550.02

11,749.98 6,500.04 7,850.04

449,116.58

2,550.00 1, 100.04

800 04 250.02

2,719.02 300.06

1,149.96 350.04

1,500.00 250.02 150.00 400.02 199.98

2,499.96 1,999.98 2,250.00 2,700.00

150.00 91,919.70

113,238.84

30,499.98

1,622.52 6,000.00

38,122.50

103,655.08

548,332.50

(444,677.42)

Variance

$2,877.29 (1 ,059 00) (1 ,657 .00)

(894.84) (19200)

(1 , 10800) (2,033.55)

(39,487.15) 27,421.48

(138, 147.23) (2,673 .67) (6,767.87)

(59413) (8 ,530. 15)

(11 ,929.03) (1,345 02)

(10,579.98) 7,992.12

(7,863.98) (3 ,960 00) 2,193 .18

(1 ,892.80) (356.33)

(3,100.02) (4,632 98) (1 ,273 .95)

(539.76) (3 ,745 .60) (1 ,432.69)

383.64 (210,861.92)

3,791.02 (2,550 00) (1 ,100.04)

(800.04) 411.36

(2,719.02) (350.06) (892.28) (326.36)

(1 ,075 .00) (250.02) (150.00)

84.84 (199 98)

1,361.55 715 .94

(269.98) (1 ,878.85)

(150.00) ( 10,256.08) p6,603.00)

(11 ,52023)

13 .24 17,525.69

6,018.70

231,450.07

(17,894 52)

249,344.59

Variance%

0% (20%) (64%)

(7%) (33%) (24%)

0%

(32%) 16%

184% (21%) (25%) (9%)

(34%) (71%) (10%) (95%) 36%

(48%) (78%) 46%

(84%) (71%)

(100%) (98%) (7%) (6%)

(32%) (22%)

5%

!47%)

0% (100%) (100%) (100%) 165%

(100%) (117%) (78%) (93%) (72%)

(100%) (100%)

21% (100%)

54% 36%

(12%) (70%)

(100%) (11%) p5%)

(38%) 0% 1%

292% 0%

16%

223%

(3%)

(56%)

Cabot Watenvorks Budget vs Actual - Admin

For the Six Months Ending June 30, 2020

Current - ilir!JIHI .. .. ilJt!li~~I .. Year to Date Actual Budget Variance -A·f:BWM -®fl@- Actual Budget Variance Variance%

Revenue

Operations and Maintenance

General and Administrative Contracted services $83.33 ($83.33) $707.00 (86%) $97.50 $499.98 ($402.48) (80%) Dues & subscriptions 1,861.86 2,333.33 (471.47) 7,220.68 (21%) 5,735.55 13,999.98 (8 ,264.43) (59%) Education & seminars 458.33 (458.33) 28.45 3,920% 1,143.55 2,749.98 (1 ,606.43) (58%) Employee recognition (J6.67 (66.67) 286.92 (51%) 142.02 400.02 (258.00) (64%) Fuel -admin 265.38 608.33 (342 95) 2,382.00 (22%) 1,866.52 3,649.98 (1,783.46) (49%) Insurance - admin vehicles 71.10 108.33 (37 23) 474.12 (10%) 426.60 649.98 (223 .38) (34%) Licenses and permits 25.00 41.67 (16 67) 80.00 (38%) 50.00 250.02 (200.02) (80%) Locator expenses/One call expenses 1,476.10 616.67 859.43 2,830.63 23% 3,477.91 3,700.02 (222. 11) (6%) Medical expenses 100.00 400.00 (300.00) 2,267.00 (69%) 705 .69 2,400.00 (1 ,694 .31) (71%) New Hire Expense 1,046.14 750.00 296.14 4,363 .86 (14%) 3,745.34 4,500.00 (754.66) (17%) Office expenses 1,829.12 1,666.67 162.45 7,871.39 27% I 0,033 .99 10,000.02 33 .97 0% Postage & delivery 93 .99 125.00 (31.01) 756.55 (27%) 552.97 750.00 (197.03) (26%) Printing & reproduction 75.00 (75 00) 0% 450.00 (450.00) (100%) Professional fees - audit 4,400.00 8,750.00 (4,350.00) 14,950.00 (8%) 13,750.00 15,000.00 (1 ,250 00) (8%) Professional fees - accounting 250.00 (25000) 0% 1,500.00 (1 ,500 00) (100%) Professional fees - legal 3,376.14 3,750.00 (373 .86) 19,970.03 (33%) 13 ,318.43 22,500.00 (9,181.57) (41%) Public relations (Customer Damages) 166.67 (166.67) 0% 1,000.02 (1 ,000.02) (100%) Public Notification 83 .33 (83.33) 991.65 (18%) 499.98 315.97 63% Rent - building 1,462.50 1,466.67 (4.17) 8,775.00 0% 8,800.02 (25 02) 0% R& M - office 438.00 291 .67 146.33 1,836.29 22o/c 1,750.02 496.90 28% R & M - building 41.67 (41.67) 250.02 (231 .27) (93%) R & M - admin vehicles 350.00 (350.00) 2, 100.00 (1 ,939.78) (92%) Salaries - administration 39,657.76 43,566.67 (3,908.91) 261 ,400.02 (9,505 .29) (4%) Taxes - payroll 2,641 .54 3,425 .00 (78346) 20,550.00 (2,284.07) (11%) Retirement 5,631 .28 6,675.00 (1 ,043 .72) 40,050.00 (4,621.39) (12%) Insurance - workers comp 48.50 48.50 291.00 7.93 3% Insurance - heal th 3,842.48 4,466.67 (62419) 26,800.02 (1,823 90) (7%) Insurance - life and disability 1,264.70 1,250.00 14.70 7,500.00 319.75 4% Travel 333.33 (333.33) 1,999.98 (1,948.61) (97%) Uniforms and PPE 36.14 0% Utilities - telephone 78.49 183.33 (104.84) 1,099.98 (643.39) (58%) Utilities - cellular 617.05 375.00 242.05 2,250.00 (280 80) (12%) Penalties and fines 41.67 (4167) 250.02 (191.82) (77%) G & A allocations (70,22713) (82,848 51) 12,621.38 (459,591 .06) 51,272.58 (11%)

Other Income and Expense