DONALA WATER & SANITATION DISTRICT
TAXPAYERS’ REPORT – 2007

            Following is the Taxpayers’ “Good Shepherd” Report of the Donala Water and Sanitation District for 2007.  The report is aimed at the taxpayers of the District, and is a summary and forecast of the collection and use of tax funds and related incomes of the District.  The intent is to ensure the taxpayers that the District is properly handling their money, and managing the funds properly.  The “Pending and Expected Expenses” are rough estimates that will be refined and published as they become known.  If there are any questions or comments, taxpayers are invited to contact the General Manager at d2donala@earthlink.net or 488-3603.

Collections

Property Taxes Collected (2007)                                                     $1,031,377

MV/SO Taxes Collected                                                                    $135,705

Note:  A portion of the auto/luxury tax, as determined by El Paso County.  Used to offset O&M expenses    

Availability of Service Fees (AVS) Collected                                           $13,313

Note:  A fee charged to empty lots or homes under construction, where user    fees are not yet applicable.  Can only be used for debt service

Debt Service

Colorado Water & Power Authority Loan Payments                                $267,515

            Note:  To finance current expansion of wastewater plant

Escrowed Funds for Long Range Projects

From tap fees and excess rate, income after O&M expenses                $5,249,388

Invested Funds

With Davidson Fixed Income Investments                                         $5,612,007

Pending and Expected Expenses

Waste Plant Expansion Project                                                       $3,500,000

            Note:  Known project, currently underway

            Pipeline Loop – Mission Hills/River Oaks                                $   165,000

            Conversion of Well 13 to Low Yield Pump                                   60,000

The following projects are those identified by the Pikes Peak Regional Water Authority as those necessary to sustain and/or replace our water supply in the future.  The cost estimates shown will be refined as they come closer to the actual construction.  Donala’s costs will be as a share of the project, currently to be based on our build-out demand. 

            Pipeline infrastructure-connecting entities                           $15-$20 Million

            Indirect potable reuse of wastewater                                       $47 Million

            Satellite well field                                                                 $38 Million

            Renewable water, including storage,

            treatment, pipelines and water rights                                     $300 Million