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HomeMy WebLinkAboutSouth Seminole & North Orange County Wastewater Transmission Authoirty - FY12 Report SOUTH SEMINOLE & NORTH ORANGE COUNTY WASTEWATER TRANSMISSION AUTHORITY • 410 Lake Howell Road Maitland, Fl.32751-5907 mesortvien MAR 2 9 2013 CI 1 Y OF WIN TER SPRINGS ,IFFIGE OF THE CITY Ct FRI CERTIFIED MAIL RETURN RECEIPT REQUESTED March 28, 2013 Ms. Andrea Lorenso-Luaces City Clerk City of Winter Springs 1126 E. State Road 434 Winter Springs, Fl 32708 Dear Ms. Lorenso-Luaces, In accordance with Chapter 189.415 (2)and 189.417 of the Florida Statutes,the South Seminole&North Orange County Wastewater Transmission Authority is submitting to you the required Public Facilities Report- 2012, Board Meeting Schedule 2013-2014, and the Audited Financial Statements for Fiscal Year ended September 30, 2012. Sincerely 91—i , t Step - F. Miller Exe' e Director cc: Bill Reischmann, Brown, Garganese, Weiss&D'Agresta, P.A. Marc Cannata, Reiss Engineering, Inc. WTA130328 telephone 407/628-3419 Fat: 407628-0153 e-mail: ssnocwtal(u,cfl.rr.com ssnocwta2na,cfl.rr.com RCEIVID MAR 2 9 MM13 c,I Y VF WIN 1 k12 SPRINGS cci r;F nF-ruF cm/01 FRK SOUTH SEMINOLE & NORTH ORANGE COUNTY WASTEWATER TRANSMISSION AUTHORITY 410 Lake Howell Road Maitland, FL 32751 Telephone 407/628-3419 Fax 407/628-0153 AUTHORITY BOARD MEETING SCHEDULE 2013/2014 Regular Board meetings for South Seminole & North Orange County Wastewater Transmission Authority are scheduled for the fourth (4th) Thursday of each month, beginning at 9:00 A.M., in the Authority Board Office located at 410 Lake Howell Road as follows: April 25, 2013 May 23, 2013 June 27, 2013 July 25, 2013 August 22, 2013 September 26, 2013 October 24, 2013 November 21, 2013 December 19, 2013 January 23, 2014 February 27, 2014 March 27, 2014 SOUTH SEMINOLE & NORTH ORANGE COUNTY WASTEWATER TRANSMISSION AUTHORITY I lake ell Road Maitland. Ft.3275 1-590 7 ritrOitIvifter MAR 2 9 2013 CI 1 Y OF VVINIER SPRINGS IFFICE C)F TI-4p€ITV C:i FR{( SPECIAL DISTRICT PUBLIC FACILITIES REPORT 2012 The South Seminole&North Orange County Wastewater Transmission Authority, an existing Independent Special District, owns and operates an untreated wastewater transmission system located in portions of Seminole County, Orange County,the Cities of Casselberry, Winter Park, and the City of Maitland. The Authority provides such transmission service to Seminole County, The Cities of Maitland, Casselberry and Winter Park and can provide service to the City of Winter Springs. The Transmission System consists of nineteen(19)pumping stations and approximately thirty-three(33) miles of pipeline ranging in size from eight(8) inches to forty-eight(48) inches. The total transmission system of piping has a total hydraulic capacity, under peak conditions, of more than forty(40)million gallons per day. The current load on the system averages approximately nine(9)million gallons per day. The South Seminole &North Orange County Wastewater Transmission Authority was created by an Act of the Florida Legislature in 1978 and began its design work in the spring of 1979. Design was completed, a Construction Grant was obtained from the Environmental Protection Agency, and Bond Anticipation Notes were issued during 1981, with construction on the system beginning in February 1982. Initial flows into the system were begun in February 1983 and the total system completed in the fall of 1983. Bond Anticipation Notes issued in December 1981 were replaced by Sewer Revenue Bonds in December 1983 and replaced at lower interest rates with bond issues in 1986 and 1993. The Authority paid off these bonds prior to September 30, 2004 and then issued Sewer Revenue Bonds Series 2004 to finance Phase One projects of its Capital Improvements Plan (CIP). Additionally the Authority approved a bank loan this past year for a designated force main replacement from Phase II of the Capital Improvement Plan(CIP), rather than draw down the existing fund balance below the minimum balance identified for emergencies and grant matching funds. This CIP consists of items of major maintenance and facilities that require replacement or expansion which were identified through facility inspections, discussions with the operation and maintenance entities and through hydraulic analyses performed via computer modeling. During the next ten years we anticipate various line segment replacements and pump station rehabilitations due to the maturing of the system. Critical major construction/repairs/replacements have been identified and are included in the long-range capital improvements. Our current anticipation as to capacity and demand remains at the forty(40)million gallons per day ultimate capacity with a probable average demand between fifteen(15)to twenty(20)million gallons per day. Telephone-107/628-3419 lFax: 407/628-0153 e-mail: ssnocuto1actl.rr.com ssnocm,ta2actl.rr.com RECEIVED ry rt MAR 2 9 2013 CI I Y Uf- WIN r SPRINGS COMPREHENSIVE ANNUAL FINANCIAL REPORT "IcFICE OF THE CITY C4 Ft SOUTH SEMINOLE AND NORTH ORANGE COUNTY WASTEWATER TRANSMISSION AUTHORITY TABLE OF CONTENTS I. INTRODUCTORY SECTION Pages TRANSMITTAL LETTER ii-viii PRINCIPAL OFFICIALS ix ORGANIZATIONAL STRUCTURE x CERTIFICATE OF ACHIEVEMENT FOR EXCELLENCE IN FINANCIAL REPORTING xi II. FINANCIAL SECTION INDEPENDENT AUDITORS'REPORT 1-2 MANAGEMENT'S DISCUSSION AND ANALYSIS 4-7 Financial Statements: Statement of Net Assets 8-9 Statement of Revenues, Expenses and Changes in Net Assets 10 Statement of Cash Flows 11-12 Notes to the Financial Statements 13-21 III. STATISTICAL SECTION 23 TABLE I Net Assets by Component 24 II Changes in Net Assets 25 III Debt Service Requirements and Long-term Debt 26 IV Percentage of Committed Capacity of Member Entities 27 V Percentage of Iron Bridge Facility Committed Capacity 28 VI Annual Flow—Millions of Gallons Transmitted to Iron Bridge Facility 29 40 VII Demographic and Economic Statistics 30 VTTT Prin�inol Fmnlnvnrc 21