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REVENUE FORECAST <br />Geuer_ a._ [=Fund: <br />A line-item forecast projects anticipated revenues generated by Corbii aDolwne-item instheOrevenue <br />forecasting assumptions (along with explanatory notes) accompany <br />forecast. In additionn Downsramt the begbnning of each calendar yeaz and converts those figures into <br />development at Corb <br />property tax dollars received by the Town, as well as when those funds will become available or <br />budgetary appropriation. This is important information since there is a delay between development <br />that is "on the e anbc° ated `build-outthschedule provided by the developer. Thereforecrevenues <br />predicated on th P <br />are very susceptible to rise or fall depending on the speed at which the' development is constructed. <br />Water Fund/Sewer Fug:d: <br />The developer's proposed "build-out" schedule provided the basis for estimating annual water an <br />2 sewer usage fees based on current year rates. Capital facility fees are also based on current year <br />rates. A table is included in the forecast that shoe of land use in the development it Tha projected <br />and water/sewer flows associated with each typ lions, were adjusted to match the type <br />flows, based on State of North Cazolina standard flow assump <br />of development expoe cudo ersrthereby providing thJe key revenue projections for the Water/Sewer <br />_ and sewer charges <br />Fund. <br />EXPENDITURE FORECAST <br />Geuer_ al Fund: <br />Anticipated expen~ D e~ a mere poss ble, notesdare made tolthe side of lineoit mshn an co umn <br />impacted by Corb uestions that may be associated <br />titled "Forecast Highlights" These highlights attempt to clarify q <br />with certain expenditure items.n l'onall ~ncompletehnumb~~ frome the current yea abudgeti~ha were <br />i {n gray. These figures are lute Y <br />necessary for use in certaaisntnsepreadasshpnmearilyl donecvia at combinationfof tformu~as based on <br />Downs forecast. Forec g <br />' population percentages per yeazas, es~a~ion, anaennitsh tional knowledgegenerated bYdana Ysislfrom <br />on specific operations/cost are , <br />departmental staff members. onnel rs uirement by year and departmeenetnforcboth bfunds~~Annual <br />' have regarding additional pers ~1 ercent er year <br />increases d s bot adjustmentslforc olaaof/1 ving al owsancesr(COLAs) dand menp increases. The <br />This inclu <br />figure is intentionally high an desest mating the lazgestgcost associatedlwith theeforecast, tdhereby <br />decrease the probability of un <br />attempting to provide a safe and reasonable projection. <br />Water/Sewer Fund: erational costs at the water and <br />The water and sewer flow projections were used to estimate many op <br />wastewater treatments plants. Flfow r roeec ing additionallpersonnel needsrfor the wat redistribution <br />the development were the base p J <br />and wastewater collection crews. The overall Water/Sewer forecast separates operational impac s <br />2-2 <br />