Figure K.9 : Sensitivity Analysis
ASSESSMENT OF RESULTS: SCENARIO 2 VS SCENARIO 2B (PHASED MILLAGE RATE) CASH POSITION Given that Scenario 2 produces excess revenue beyond the O&M requirement, the project team tested a more conservative approach (Scenario 2B) for revenue by setting a low initial SDD millage rate and increasing the SSD millage rate over time, while remaining solvent for O&M. Scenario 2 ● O&M fully paid for ● $35M bond revenue net proceeds ● 0.005 assessment rate throughout, starting 2025 Scenario 2B
O&M fully paid for No bond capacity
• •
• 0.002 assessment rate starting 2025, 0.004 starting 2030, 0.005 starting 2033
K-11
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