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Minutes 07/20/2011 Productivity Committee's Subcommittee Public Utilities Capital Projects Review Public Utilities Administration Building July 20, 2011 10:30am 1. Call to Order-Janet Vasey Subcommittee members present: Janet Vasey, Vlad Ryziw, Jim Gibson, and Doug Fee Not Present: Gina Downs and Leslie Prizant Collier County staff present: Tom Wides, Operations Director Bala Sridhar, Sr. Budget Analyst Pam Libby, Manager, Water Operations Steve Messner, Interim Wastewater Director Sheree Mediavilla, Administrative Assistant A. Introductions Tom Wides introduced the county staff and the Subcommittee members introduced themselves. 2. Discuss the Objectives of the Subcommittee During the budget workshops, the Board requested the Productivity Committee review proposed capital improvement (CIP) expenditures and reserves in the proposed FY12 budgets. The objective of the Subcommittee meeting with County staff was to develop a plan of action to present to the Productivity Committee at today's 2:00 p.m. meeting. Ms. Vasey: Stated she was surprised that the Board did not have any hard questions in the areas of CIP expenditures and reserves for the Public Utilities Division. Are we going somewhere nobody wants us to go? Are we on the road to Abelene? Ms. Vasey reviewed the Public Utilities GovMax documents in a variety of areas and stated maybe we should be interested. Start with - what should we be doing and why. 10/19/2011 9:11 AM7/25/2011 1:28 PM Page 1 Mr. Ryziw: I reviewed the BCC meeting minutes. The workshop was efficient and went well. Staff made presentations and answered questions presented to them by the Board. Commissioner Coyle gave the County Manager direction and the emphasis was on Capital Improvement Expenditures. The Subcommittee submitted a memorandum as an initial start. The Productivity Committee and Subcommittee submitted general recommendations to the Board of County Commissioners. Those recommendations were not discussed during the budget workshops. The Subcommittee, at large, will need to make decisions. The Subcommittee reviewed documents presented to the Board at the June 16th workshop. As a committee, we were to specifically look at expenditures, and Ms. Vasey has done a great job on that. Ms. Vasey: This is an open discussion of what we will take to the Productivity Committee this afternoon. Mr. Ryziw: Were there any substantial changes in the numbers between the June 8th and June 16th meetings? Bala Sridhar: No changes. Tom Wides: The Budget Office is looking at the Forecast and Carryforward for FY12 and will be adjusting these numbers between June and September. You will see change sheets. Mr. Fee: Guidance was 3% for operating budgets. Mr. Ryziw: Will there be changes in the proposed expenditures? Tom Wides: The expenditures won't change. They were reviewed by the County Manager in May and the Board in June. From February to March, we review the capital projects and Forecast what will be spent this year, and what will Carryforward on a project. Projects that are not complete by October 1st will move into the next year's Amended Budget. That is why you will see change. Mr. Ryziw: A clean approach to the utility budget is important. There are a lot of hot issues. I have reviewed Ms. Vasey's write up and she did a very thorough review. Her comments queried staff from several different perspectives. Facilities did not fail, but anticipate failure - this was a core of Ms. Vasey's comments. I have a technical background, current day knowledge, and understand the practices. There are millions of dollars involved here and a lot of projects that need to be done. Some are regulatory and some statutory. Ms. Vasey: How do we justify replacement or preventative maintenance opposed to failure? The penalties are great and I would 10/19/2011 9:11 AM7/25/2011 1:28 PM Page 2 not want to take the risk. This is not true with ever expenditure. We need a more expanded review. I would like to visit the plants in order to obtain a better understanding. Show what the big dollar items are on a preventative basis and follow through with a visual tour. I need a better feel on what the impacts are for. 3. Next Steps in the Process Mr. Fee: Remember when Jim Gibson showed us the Sarasota project worksheet? It had pictures and a synopsis. This would be a good tool. Get a summary list that would show us where this is located and details of the projects. Tom Chmelik: We like the summary sheet approach also, and have developed an internal Excel spreadsheet that repeats the purpose, method, and end state in the GovMax documents. This spreadsheet defines the projects and defines the years. Some have pictures and more detail than others. Asset alignment identifies various areas. Sarasota also did this and added a project charter document. This is what we have right now. Mr. Fee: Do you have the account/amount where I am to assume the funding source is coming from? Tom Chmelik: 411 Impact and 412 User Fees Tom Wides: The funding sources are: • Fund 408 is Water/Sewer Operating. All revenue / user fees go into 408 and then are moved, as needed, to debt funding or capital projects. • 412 - Water User Fees • 414 - Wastewater User Fees • 411 - Water Impact Fees • 413 - Wastewater Impact Fees Bala Sridhar passed out the Sources and Uses Fees spreadsheet. Mr. Ryziw: I did not see the yellow document - the TIP worksheet. In the memo of June 10th, there is an attachment of that worksheet. This information is what we talked about. If the county adopts this at large, from the public's perspective, it would be good. Tom Chmelik: We started with GovMax and populated the old form from last year. FY12 going forward, we updated the changes in the programs and updated the out years. 10/19/2011 9:11 AM7/25/2011 1:28 PM Page 3 Mr. Fee: The sheet is Excel? Does it link? Tom Wides: No, it is not linking. We are using Protools in the organization, but would prefer GovMax where you put the number in once and it feeds the other spreadsheets. We are not there yet. Mr. Gibson: More multi-year financing is required. We want to see the longer term capital layout. What follows large capital expenditures - these roll forward. It is important to visualize this going forward. Mr. Fee: The spreadsheet gave me all the information I needed. I used the data from the spreadsheet and wrote comments on the GovMax document. Tom Chmelik: This is an internal document and the Commissioners do not get this. It is also used for the Master Plan. Mr. Gibson: I didn't have time to look at the Master Plan. Mr. Ryziw: Does every project have a backup sheet? One sheet per project? Tom Wides: We have to do it for the Master Plan. Mr. Ryziw: The current county budget - the tentative budget - I would not know anything about anything. It only shows a dollar amount for the project. How would the Commissioners understand what the expenditure is for? The backup information is all there on the spreadsheet. This is in-house information, principles, and practices, and the processes are good. How is the information disseminated to the BCC? It appears that from the tentative budget to the final budget, less and less information is provided. We have to respond to the stakeholders. The more information we can provide the stakeholder, and have them understand the program, the more support the BCC will receive. Opening statement: • Reason for being here • Excellent procedures in the utilities • Expenditure part of the Productivity Committee meeting • BCC charged us with looking at all capital projects and expenditures How many dollars are proposed for replacement? Unknowns? $10 million approved by the BCC and we don't know if we have to replace the system. So we don't have a lot of premature replacements. What concerns me is that we don't want to prematurely replace a system. Or, failure arises. 10/19/2011 9:11 AM7/25/2011 1:28 PM Page 4 Mr. Gibson: The Water/Sewer District addresses the issue of when to replace items. Mr. Ryziw: We can look for management control, unknowns, for instance. The county has 800 miles of pipes and we don't know when they will fail or when we should replace pipelines. Tom Wides: We do have indicators of possible failures. Mr. Ryziw: Unknown expenses. The Commissioners could decide to support if there is an internal management control. Expenditure is being made for the right reason and the right time. Have an asset management system up and running. More control. With backup information, we could identify those projects. Ms. Vasey: Scope out what we are going to look at and time frames. Tom Chmelik: Internal control questions are divided by level of risk and compliance. 1) Stay in Compliance - no leaks, no consent order. 2) Reasonable Risk - deferring things - we started this concept three years ago. 3) Risk Compliance - getting consent orders for property damage, sewage leaking. Tom Wides: We had Greeley and Hansen, an independent consultant; review our Capital Improvement Program for Water, Wastewater, and Irrigation Quality Water FY12 - FY16 and FY17 - FY20. Their assessment is that the CIP program has a realistic basis for the estimated costs and consistent with previous Master Plan Updates. Mr. Ryziw: Appreciate that - outstanding. Tom Chmelik: We do have duplicate systems, as necessary. A deep injection well already failed; we were able to use the other well. We had to replace it the second year. That is how close we ride it. Ms. Vasey: The risk level is excellent (we don't need a fire station on every corner - it is not necessary). We need to find the right balance, less risk, and not overspending. This is an area to take a look at. Tom Chmelik: We have 20 master pump stations and they are not new anymore. They corrode from the bottom up and the salt/brackish environment does not help. Mr. Ryziw: Is it common practice not to list the individual projects when the tentative budget is prepared? Tom Wides: For the June workshop, we always list the individual projects with a written recap of the project. There wasn't a lot of 10/19/2011 9:11 AM7/25/2011 1:28 PM Page 5 discussion at the budget workshop in June, and I assume we will have more in September. We are not changing the budget. Ms. Vasey: The project listing in the back - it gets thinner. I asked Mike Sheffield to provide us all the documents that were handed out in the meeting. Now, we have to zero in on our own particular areas. Tom Wides: The Commissioners got all the detail at the June 16th workshop. Mr. Gibson: Regarding reserves and multi-year financing, we want an understanding of the base rates, operating terms and capital. Were there any changes? What are the external capital requirements? What are the current base rates? Tom Wides: We are prepared to go through all the out years given the current water/sewer rates. We had a surveillance telephone conference with Fitch on June 30th and have their feedback. We have the Fitch Ratings dated July 7th that reaffirms our AA+ rating. Mr. Gibson: Good comparisons. Ms. Vasey: Are we the best? Bala Sridhar: The City of Naples is AAA; Palm Beach County is AAA; other utilities in the state are AAA. Ours stayed stable, at AA+. Ms. Fee: What is the difference between AAA and AAA+? Tom Wides: Fitch establishes various benchmarks of financial and operational performance; the utilities are based on their performance to the medians of the benchmarks. If we drop below the AA rating, we start to see interest penalties in the external borrowing marketplace. Once you lose your market position, it is hard to get it back. We will have to borrow in the future - 2013 to 2015, we may be out there. Mr. Fee: We have a huge maintenance program, how are we going to do that? Tom Wides: As an example, we have 750+ lift stations that need maintenance every three to five years. We can never catch up. Mr. Gibson: We hit the ones that are critical. Tom Wides: It a water main breaks, it takes out the road, the repair is more expensive, and the treated water in the pipeline is not recoverable; basically non-revenue producing lost water. 10/19/2011 9:11 AM7/25/2011 1:28 PM Page 6 Pam Libby: The Isle of Capri project cost three million dollars and the Vanderbilt Beach Road project cost five million because the mains were larger. Tom Wides: Our reserves are not too high. They are based on a 5 to 10 year program. We have $74 million in reserves (correction from $100 million stated in the meeting) and $250 million in debt. Ms. Vasey: Walk us through reserves. Tom Wides: $11 million in Impact Fee Reserves $17 million in Impact Fees Debt Service $18.5 in Statutory Reservews$16.7 million in project reserves, representing 50% of annual depreciation expense$1 million hedge against commodity inflation These reserves need to fund an approximate $6 million per year shortfall in Impact Fee debt service. Ms. Vasey: Another area to look at is User Fees supporting Impact Fees on a temporary basis. One change that was discussed is the relocates fees. Relocates are not Impact Fees. What is an Impact Fee and what is a User Fee? Things I thought were User Fees are now Impact Fees. What debt are we holding for User Fees supporting Impact Fees? What are the total dollars? Mr. Ryziw: How do you determine a specific expense is operations maintenance instead of capital? I don't know the policy here. Tom Wides: If we know there is no question we can capitalize it, we can amortize it over approximately 27 years. Other projects - not of emergency nature - end up on the operating side. We don't put the Master Plan projects in the operating budget. We put the capital budget in the Master Plan. Mr. Ryziw: Operational and maintenance work - repair and maintenance work, what determines what side you are on. The $1,000 threshold? Tom Wides: Not every time. Tom Chmelik: It will be on the capital side if you increase capacity. Tom Wides: Take the Wiggins Pass valve project - that would be capital and depreciated in 27 years. 10/19/2011 9:11 AM7/25/2011 1:28 PM Page 7 If you look at the operating budget, labor, contractual services, chemical, routine maintenance, electricity, equipment are not part of the process. If the stucco on a water tank starts breaking down, it is a structural repair and it can be a capital expense. Ms. Vasey: Are they any other areas we want to add to the list? Mr. Ryziw: 1) Implementation of an asset management program. 2) Collaboration with other departments. 3) If one agency does it, can it benefit all the agencies? Tom Chmelik: We started this effort in FY06 and the RFP award to CDM in FY07 for a three phases of implementation. We further started tightening our belts, and deferred what we could and could not as a go forward with asset management. We have a "to do list" and efforts are underway to sharpen that from lessons learned from the past. We are building a SCADA system by gathering data from the field. The GIS systems identify assets, and we learned a lot about the scope of the projects, and the state of the assets. The final phase is the cost of SAP implementation and benchmarking. FY12 has two phases planned and FY16, $2 million for Water and Wastewater. The SAP integration cost is the big ticket item. We are going forward with consultants and other county departments are involved to cover all the needs of all divisions. An enterprise asset system would ultimately drive all the yellow sheets we discussed earlier today. Mr. Fee: Is that system available to the public? Tom Chmelik: You can see the easements, but not the pipelines. Pam Libby: The pipes are protected for security reason. Mr. Ryziw: Implement and activate a new system, would that serve the needs on the O&M side? Tom Wides: Yes, it should be both. The asset is identified. Take a plant - what level of detail you put in the asset management system - to get there is a big deal. You must identify the right level of detail and maintain the data. It is a time and money factor. A balance sheet containing fixed asset information would satisfy the needs of the Clerk of Courts. Steve Messner: This will also house a preventative maintenance program and will create a asset life cycle. 10/19/2011 9:11 AM7/25/2011 1:28 PM Page 8 Tom Chmelik: The Water/Sewer District has a billion dollars in gross assets; that is a tremendous amount to rationalize and maintain. Mr. Ryziw: Is the Asset Management RFP for countywide or stand alone? Will other agencies use it? They may have costs of their own. It is all collaborated through protocols. Tom Chmelik: Public Utilities in the pilot; however, other agencies will be consulted as the project moves forward. Project management protocols are not asset management. Mr. Ryziw: Asset management program or implemented through SAP. Tom Chmelik: SAP integration is the big ticket item. The discussion turned to the Fitch Rating and Bond Issues. Tom Wides: The County Water-Sewer District has approximaelt $255 million in outstanding debt. Theres isapproximately $149 million in water and sewer revenue bonds at AA+. The balance of approximately $106 million is low interest State Revolving Fund loans. We also have no borrowing plans for the foreseeable future. FDEP has revolving fund surpluses, and wants us to borrow money. Bala Sridhar: Stimulus dollars are competing with SRF loans. Tom Wides showed the committee Bala's 20 year and 10 year financial model and how we go through our processes. It is the way we do our business. Mr. Fee: A new growth management law passed. How does it affect the utilities? Are there major changes? Tom Wides: It is too early to tell. Based on what I see, I don't see a big significant change. It will not affect the FY12 budget. Ms. Vasey: OK, I think we have what we need. Let's recap what we discussed. The timeline is not a huge rush. We do not have a large workload now, and can devote time to this. The Subcommittee meets the third Wednesday of the month at 10:30 a.m. Work with Mike Sheffield and set something up with him. Mid-August time frame. 10/19/2011 9:11 AM7/25/2011 1:28 PM Page 9 Mr. Gibson: We will meet early in September, and twice before the September Productivity Committee meeting. That is the overall time frame. 4. Next Steps in the Process Ms. Vasey: • Issue: Run to failure or replacing within a preventative time frame in the budget. • CIP worksheets and make recommendation that they need to be included • Reserves multi-year total picture. • Asset management system: Concentrate on how that will feed into question #1. • User verses impact fee policy and project funding. • What is the level of support user fees and projected into the future. If we do not get to use impact fees. What the legislature will do. Documents Requested by Email • One Pager Yellow Sheets - project sheets • CI P's • Lift Station #302 Pictures • Fitch Rating Study - July 7, 2011 • Adequacy of Reserves • Commissioner Henning's request to see our multi-year plan; Master Plan taking it out to 2020. • Executive Summary referencing a letter to the County Manager in EMA and provide a scope of work. 5. Public Comment This meeting was advertised in the newspaper and no one from the public attended this meeting. 6. Adjourn Prior to the adjournment of the meeting, photographs were shown of the #302 lift station construction at Livingston and Rattlesnake Hammock Road. The meeting was adjourned at 12:37 P.M. 10/19/2011 9:11 AM7/25/2011 1:28 PM Page 10