Capital Needs Analysis, 2010-2024

In July 2009, a Water System Master Plan was adopted by the District’s Board of Directors. A capital needs analysis for a 15 year period from 2010 through 2024 was also prepared based on specific recommendations in the master plan. The capital needs analysis is a planning tool for the development of the District’s capital improvement program (CIP). However, the master plan does not represent a financial commitment by the Board, other than those CIP funds already approved and adopted.

In the Water System Master Plan, the District’s capital needs are divided into five categories: production (source of supply), storage, distribution, special projects, and potential projects. Water main replacement projects represent a large portion of the costs within the distribution project category. The estimated total cost for all projects recommended in the capital needs analysis from 2010 through 2024 is $374 million (in 2009 dollars).

The estimated annual costs for all projects in each of the five categories are shown on Figure 16-2 in the Water System Master Plan. Tables 16-1 and 16-2 in the Water System Master Plan provide the annual costs by project in 2009 dollars and escalated at 3 percent per year, respectively.