Long Range Planning Committee Report

ANNUAL REPORT: LRPC ANNUAL Report

LRPC March 2022

As was mentioned last month, we are focusing on a re-structure of the Long Range Planning Committee (LRPC). Over the past few months the LRPC has been reviewing various options to best organize and assign the major committee tasks, as well as determine the most effective leadership structure. Throughout these reviews the tasks have been…

LRPC January 2022

At year‐end 2021, it is with great pride and gratification to claim the achievement of another major BLSMWC/LRPC goal earlier in the year, the successful completion of our 32 month long USDA Infrastructure Improvement Project in January 2021. This goal was initially established at the inception of the Long Range Planning Committee (LRPC). Looking back…

LRPC November 2021

The LRPC primary focus over the past couple months has been (1) developing 2022 rate structure recommendations for the board; (2) finalizing asset management plan database and funding updates; (3) assisting staff in forecasting the reserves budget against liens (including capital asset replacement costs); and (4) providing staff with recommendations in planning the 2022 operating…

LRPC October 2021

As we continue working toward firming up cost information related to potential liens against our reserves fund budget, the majority of items have been put on hold. On the emaining USDA project tasks, this is primarily due to the fact that our contractor (Mozingo) is not able to obtain price quotes or place orders on…

LRPC September 2021

There have been no significant updates over the past month to the majority of on-going LRPC focus areas. We continue to work with BLSMWC management and staff to obtain firm cost estimates on potential liabilities against our reserves budget, as well as updates to the Asset Management Plan database and fixed versus variable costs. Much…

LRPC August 2021

There have been no significant updates over the past month to the majority of on‐going LRPC focus areas. We continue to work with BLSMWC management and staff to obtain firm cost estimates on potential liabilities against our reserves budget, as well as updates to the Asset Management Plan database and fixed versus variable costs. Much…

LRPC July 2021

At the risk of sounding like a broken record, the on‐going focus throughout this year will continue to be (1) managing our reserves budget against liabilities; (2) updating our multi‐year cash flow analysis; (3) updating our Asset Management Plan database to ensure the estimated long term asset replacement costs remain accurate; and (4) analyzing water…

LRPC June 2021

As we progress through 2021, the LRPC primary focus will be on both short‐term and long‐term financial planning and management to ensure we maintain our currently strong financial position. Looking forward, there are factors that we must take into account that will make this a challenging task, including developing plans to cope with another potential…

LRPC May 2021

As we progress through 2021, the LRPC primary focus will be on both short-term and long-term financial planning and management to ensure we maintain our currently strong financial position. Looking forward, there are factors that we must take into account that will make this a challenging task, including developing plans to cope with another potential…

LRPC April 2021

As mentioned in last month’s Bubbler, expenses we covered during the USDA Project construction resulted in a reimbursement at close of $1.921M. This allowed for internal BLSMWC distributions of $802K to a Restricted Reserves Fund, $546K to a Capital Asset Reserve Fund and $574K back into our Operating Account to offset a portion of our…
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