Laserfiche WebLink
City of Pleasanton <br />Sewer Rate Study Report <br /> <br />Water Resources Economics <br />31 <br />to total CIP (Table 2-10, Line 9). In absence of newly proposed debt to fund CIP, all CIP is <br />expected to be rate funded. Net cash flow (Line 26) is equal to the net operating revenue (Line 15), <br />less debt service (Line 20) and rate funded CIP (Line 24). Debt proceeds and debt funded CIP are <br />not included in the cash flow projections. <br /> <br />The net operating revenue and cash flow in this scenario is negative starting at the end of FY 2026, <br />meaning that the City’s current revenues are not sufficient to fund its operating expenses and CIP. <br />Page 183 of 923