AWWA ACE65217

In 2005, the Honolulu Board of Water Supply conducted a study of system needs and anticipated capital spending over a20-year horizon, from 2006 through 2025. In the course of this study, the Board identified arange of capital investment needs in the categories of water source, transmission, and storageprojects. In addition, investment needs were identified for the ongoing rehabilitation andreplacement of the Board's existing system. With these spending needs defined, the Boarddeveloped a Capital Plan that prioritized projects for implementation over an initial 6-yearplanning horizon (calendar year 2006-2011) and a 20-year planning horizon (2006-2025).The 6-year Capital Plan calls for implementation of projects with a total cost of approximately$264 million (in 2006 dollars). Spending on these projects during the 6-year period is anticipatedto total approximately $214 million (in 2006 dollars). These required investments will affect thecosts of continued utility system operation and service. To manage these costs, the Boardconcurrently developed a Strategic Financial Plan that outlines financial and rate-makingstrategies for a 10-year planning horizon extending from 2006 through 2015. For the Board's capital planning purposes, it was necessary to divide Oahu into distinct areasthat are served by integrated components of the Board's water system. For each of these Capital Plan Districts, the Board developed a Capital Plan that ties togetherpopulation and water demand projections, resource plans, capital projects, and level-of-servicestandards. These Capital Plans identify future needs for each district in terms of source,storage, transmission, waterline replacement and system improvements. The paper discusses seven steps in the capital planning process that include: Step 1, Input to the Capital Planning Process; Step 2, Needs Assessment; Step 3, Project Definition; Step 4, Project Prioritization; Step 5, Financial Impacts Analysis; Step 6, Capital Plan Alternatives; and, Step 7, Financial and Rate Planning. Includes tables, figures, appendix.

Product Details

Edition:

Vol. - No.

Published:

06/01/2007

Number of Pages:

38

File Size:

1 file , 1.3 MB