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Finance Highlights 2011 0909
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Finance Highlights 2011 0909
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Last modified
9/13/2011 5:38:30 PM
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9/13/2011 5:37:30 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
9/9/2011
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_CC Agenda 2011 0919
(Reference)
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\City Clerk\City Council\Agenda Packets\2011\Packet 2011 0919
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Options for Wastewater Fund Pay Down of Side Fund Obligation <br />City of San Leandro Assumption = POB @4.61% <br />PERS Side Payoff Analysis Assumption = WPCP Loan @3.00% <br />As of 09/07/2011 <br />Scenario <br />Funding Source <br />Avg Annual Payment <br />Total Payments <br />Current <br />PERS <br />$24.2 M <br />7.75% <br />13 YEARS <br />3,063,524 1 <br />All POB <br />POB <br />$25.3 M <br />4.61 <br />13 YEARS <br />2,578,888 <br />33,525,548 <br />(6,300,257) <br />(484,635) <br />$6M WPCP + POB 19.1M <br />POB WPCP TOTAL <br />$19.1 M $6 M <br />4.61% 3.00% <br />13 YEARS 13 YEARS <br />1,944,744 564,177 2,508,921 1 <br />25,281,670 7,317,872 32,599,542 1 <br />Total PERS Savings <br />Annual PERS Savings <br />Additional Annual Savings <br />39,825,806 1 <br />(7,226,264) <br />(555,866) <br />(71,231) <br />
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