annual report 2011 - narragansett bay commission

22
2011 annual report narragansett bay commission

Upload: others

Post on 03-Feb-2022

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Annual Report 2011 - Narragansett Bay Commission

2011a n n u a l r e p o r t

narragansett bay commission

Page 2: Annual Report 2011 - Narragansett Bay Commission

n a r r a g a n s e t t b a y c o m m i s s i o n2

Chairman Vincent Mesolella and ExecutiveDirector Ray Marshall help to cut the ribbonon a new Providence Animal Shelter. The newfacility was built by the Narragansett BayCommission as part of an agreement with theCity of Providence. In exchange for the landunderneath the former animal shelter, theCommission built a modern, code-compliantshelter on surplus Narragansett BayCommission property. The new facilityrepresents a model in municipal collaboration.

Page 3: Annual Report 2011 - Narragansett Bay Commission

a n n u a l r e p o r t 2 011 3

Most of the time, clean water policy drives clean water construction. Our elected officials and environmental leaders set goals, and we, as cleanwater professionals, set out to design, build, and operate infrastructure and facilities to meet those goals. In 2011, however, Rhode Island’s clean waterpolicy changed in response to the Narragansett Bay Commission’s successful infrastructure projects.

In 2008, when we completed construction on Phase I of the Narragansett Bay Commission’s Combined Sewer OverflowAbatement Project, we were confident that the three-mile long, 65 million-gallon capacity tunnel and associated facilities wouldeffect measurable and positive change to Narragansett Bay and its tributaries. After three years of operation, the tunnel hascaptured over four billion gallons of wet-weather related combined sewage that otherwise would have flowed directly into thebay and our urban rivers. This volume and the subsequent improvement in bay water quality has exceeded not only ourexpectations but also those of the Rhode Island Department of Environmental Management and the Rhode IslandDepartment of Health, and has led those agencies to change the state’s policy on shellfishing closures in the upper bay afterheavy rains. Now, Rhode Island shellfishermen have an average of forty-five additional shellfishing days each year.It’s an exciting example of the crucial interplay between a healthy environment and a healthy economy and a testimony to ourlong-held belief that clean water infrastructure is a good investment for our communities and our nation.

Even though the CSO project has resulted in a great step forward in water quality, we cannot rest on these laurels. In 2011, the Commission rose tomeet other environmental and economic challenges, including moving forward on nitrogen reduction and green energy at both the Field’s Point andBucklin Point Wastewater Treatment Facilities, providing enhanced educational opportunities to the young people in our service area, and meeting ourfunding needs as the nation’s economy continued to struggle.

In this report, you will read of these and other issues that the Commission faces every day in its mission to protect and enhance Narragansett Bay andher tributary rivers. I look back at the goals that were set for the Narragansett Bay Commission thirty years ago when the voters of Rhode Islandoverwhelmingly approved the bond issue that created this fine agency. At the time, those goals seemed insurmountable. Today, I am gratified at theamazing progress the Narragansett Bay Commission has made and the esteem in which this agency is held all over the country and all over the world,and I am pleased to say that the Board of Commissioners, the Citizens Advisory Committee, and the Commission’s staff have the enthusiasm andenergy to continue the task of stewarding a cleaner and healthier Narragansett Bay for all Rhode Islanders.

As this report went to press, we were saddened to hear of the passing of Governor J. Joseph Garrahy. A pre-eminent statesman and generous humanbeing, Governor Garrahy is responsible for the establishment of the Blue Ribbon Commission that led to the creation of the Narragansett BayCommission. We owe him a huge debt. This report and the accomplishments therein are dedicated to him.

2011c h a i r m a n ’ s m e s s a g e : v i n c e n t j . m e s o l e l l a

Page 4: Annual Report 2011 - Narragansett Bay Commission

n a r r a g a n s e t t b a y c o m m i s s i o n4

Millions of plastic media are placed in theaeration tanks at the Field’s Point WWTF.These media, part of the Integrated FixedFilm System, will help to reduce nitrogenfrom the facility’s effluent. The NarragansettBay Commission project is the largestapplication of this system in the world. Useof this technology represents a significantsavings for Commission ratepayers over thetraditional method of building additionaltankage.

Page 5: Annual Report 2011 - Narragansett Bay Commission

a n n u a l r e p o r t 2 011 5

2011e x e c u t i v e d i r e c t o r ’ s m e s s a g e : r a y m o n d j . m a r s h a l l , p . e .

In Rhode Island, as in most parts of the country, the economy remains stubbornly resistant to meaningful improvement. Therefore, likeeveryone else, we at the Narragansett Bay Commission continue to keep a keen eye on our finances, trying to do more---and do better---with ourlimited resources.

Despite these challenges, I am pleased to report that in fiscal year 2011, the Commission made significant strides on a numberof initiatives that will enhance the environmental and economic health of our state.

Sound and reliable infrastructure provides a crucial cornerstone in any community. At the Narragansett Bay Commission, wecontinued our commitment in 2011 to sustainable and effective clean water infrastructure as we moved forward with design ofPhase II of the CSO Project, continued construction of the nitrogen removal project at the Field’s Point facility, and tookimportant steps toward bringing renewable energy to reality in the form of wind power at Field’s Point and biogas at BucklinPoint. Along the way, the Commission garnered numerous awards and accolades*, reflecting the 365-day a year, twenty-four-hour-a-day operation of first-class treatment facilities, reliable sewer infrastructure, and managerial excellence.

In 2011, the Commission completed its nineteenth consecutive year under budget, its fourteenth consecutive year with a spotless financial audit byindependent auditors, and has been awarded a ninth Distinguished Budget Presentation Award and an eighth Certificate in Excellence in FinancialReporting by the Government Finance Officers’ Association of the United States and Canada. The Standard & Poor’s Rating Service also reaffirmedthe Commission’s “AA-” credit rating.

Still, we recognize that more and more of our ratepayers continue to struggle as our national and local economy remain sluggish and the NarragansettBay Commission has taken a lead role as a member of the National Association of Clean Water Agencies (NACWA) in encouraging the federalgovernment to take a holistic approach to mandating additional clean water infrastructure projects that takes local affordability into consideration.Currently, the Water Infrastructure Network estimates a national funding gap of over $12 billion per year between federally mandated clean waterinfrastructure projects and any federal funding commitments.

The information in this annual report illustrates how the Narragansett Bay Commission’s infrastructure, technological expertise, and environmentalethics continue to protect and enhance Narragansett Bay and the tributary rivers. We look forward to continued good news in the 2012 report.

*for a full list of 2011 awards, see page 7.

Page 6: Annual Report 2011 - Narragansett Bay Commission

n a r r a g a n s e t t b a y c o m m i s s i o n6

Executive Director Ray Marshall accepts the Commission’s Excellencein Management Award from the officers of the National Associationof Clean Water Agencies. The Narragansett Bay Commission is one ofonly ten agencies nationwide that have received this award three times.

Page 7: Annual Report 2011 - Narragansett Bay Commission

a n n u a l r e p o r t 2 011 7

The Rhode Island Department of Environmental Management revises shellfishing closure guidelines due to the success of theNarragansett Bay Commission’s Combined Sewer Overflow Project.

The Narragansett Bay Commission receives its third Excellence in Management Award from the National Association of CleanWater Agencies, one of only ten agencies nation-wide to receive this distinction three times.

The Narragansett Bay Commission’s DVD Environmentalism at Work receives a National Achievement Award from the NationalAssociation of Clean Water Agencies for Excellence in Public Education.

The Narragansett Bay Commission named one of the “Best Places to Work in Rhode Island” by Providence Business News.

The Field’s Point Wastewater Treatment Facility named Most Efficient Large Secondary Wastewater Treatment Facility by theNarragansett Water Pollution Control Association.

The Field’s Point Wastewater Treatment facility is profiled in Water World Magazine for its use of the integrated fixed film activatedsludge (IFAS) for nitrogen reduction, the largest application of the IFAS process in the world.

The Narragansett Bay Commission wins Excellence in Financial Reporting from the Government Finance Officers Association forFY 2010 Comprehensive Annual Financial Report.

Narragansett Bay Commission wins Worksite Health Award from the Greater Providence Chamber of Commerce and BlueCross/Blue Shield of Rhode Island.

Narragansett Bay Commission wins Distinguished Budget Presentation Award from the Government Finance Officers Associationfor Fiscal Year 2010 Budget including Special Recognition for Performance Measures and Special Capital Recognition.

The Narragansett Bay Commission maintains its “AA-” rating by Standard & Poor’s. This reflects the NBC’s long-term financialstability and consistently strong financial performance.

The Narragansett Bay Commission adopts a new Strategic Plan, building on three decades of successful strategic operations.

2011A W A R D S & D I S T I N C T I O N S

Page 8: Annual Report 2011 - Narragansett Bay Commission

n a r r a g a n s e t t b a y c o m m i s s i o n8

In 2011, construction began on three 1500kW wind turbines, such as the one above, at Field’s Point. These turbines will have the capacity to provide half of the energy needs at the facility.

Page 9: Annual Report 2011 - Narragansett Bay Commission

a n n u a l r e p o r t 2 011 9

2011b o a r d o f c o m m i s s i o n e r s

Richard Brown

The Narragansett Bay Commission’s nineteen-member Board of Commissioners represents the interests of the Greater Providence and Blackstone Valleycommunities and the interests of the State of Rhode Island. The following individuals volunteer their time as Commissioners:

c i t i z e n s a d v i s o r y c o m m i t t e E

The Narragansett Bay Commission’s Citizens Advisory Committee is a diverse group of dedicated individuals representing municipalitiesthroughout the Commission’s service area, industrial and residential users, environmental organizations, and the general public. This committeeadvises the Board of Commissioners on matters pertaining to sewer usage fees, sewer construction, industrial pretreatment, public awareness, andeducation. The Commission is very grateful to:

Harold Gadon, Chairman; Howard Schacter, Vice Chairman; Lou Blais; Ted Bragger; Marci Cole-Ekberg; Chris Hannifan; Phillip Holmes;Armand Oliver; Michael Quinn; Jane Sherman; Kristen Sullivan; Michele Zwerver

Robert AndradeTreasurer

Dr. Richard Burroughs Bruce Campbell Mario Carlino Michael DiChiro, Esq. Jonathan Farnum

Leslie Gray, III Joseph Kimball John MacQueenRonald Leone Vincent J. MesolellaChairman

Joan Milas

Angelo RotellaVice Chairman

Michael Salvadore Leo Thompson Richard Worrell

Alessandro Montanari

Alan Nathan

Page 10: Annual Report 2011 - Narragansett Bay Commission

n a r r a g a n s e t t b a y c o m m i s s i o n10

Above: Construction progresses on theLEED-Certified Operations Building thatwill support the nutrient removal facilities atField’s Point.

Left: Bucklin Point Operators clean theaeration tanks as a part of the AssetManagement Program. Right: a row ofHypochlorite Pumps at Field’s Point operate24/7.

Page 11: Annual Report 2011 - Narragansett Bay Commission

a n n u a l r e p o r t 2 011 11

2011c l e a n w a t e r c o n s t r u c t i o n a n d a s s e t m a n a g e m e n t

With the successful completion and operation of Phase I of the Narragansett Bay Commission’s Combined Sewer Overflow Abatement Project, theCommission moved forward with design on Phase II. The second phase of the comprehensive CSO plan includes near-surface interceptors along theWoonasquatucket and Seekonk Rivers, which will capture overflows currently sited on those rivers and transport that flow to the Phase I tunnel.Whereas Phase I construction occurred almost entirely out of sight and deep underground, Phase II will be more visible and, consequently, potentiallydisruptive to area residents, commuters, and businesses. In 2011, the Narragansett Bay Commission completed final design on Phase II, convenednumerous stakeholder meetings in the affected areas to inform and solicit feedback from local elected officials and constituents, and began solicitingbids for the project.

In 2011, the Commission continued construction on a nutrient removal project that will bring seasonal nitrogen effluent levels to 5 mg/L at theField’s Point Wastewater Treatment Facility. Thanks to the foresight and hard work of the Board of Commissioners and agency staff, this project wasshovel-ready and qualified for funding under the American Reinvestment and Recovery Act. The project has created over seventy jobs, making it aneconomic as well as environmental benefit.

In the face of a particularly rainy year, reliable infrastructure and operational assets are crucial for clean water. This year, the Narragansett BayCommission continued implementation of its comprehensive Asset Management Program. The program identifies priorities in the replacement andrepair of equipment and structures with proactive preventive maintenance and replacement schedule. The Asset Management Program includesinspection, cleaning, and other improvements to the collection system infrastructure. The Commission’s expertise in Asset Management continues tomake it a respected leader throughout the country.

Page 12: Annual Report 2011 - Narragansett Bay Commission

n a r r a g a n s e t t b a y c o m m i s s i o n12

Above: A YSI monitoring buoy is used tocollect real-time water quality data. The datais available through the Commission’s new“Snapshot of the Bay” website:snapshot.narrabay.com.

Left to right: “Snapshot of the Bay,” a newweb module; over 100 people attended theCommission-sponsored workshop onNarragansett Bay; Commission staff attenda 40-Hour Hazardous Waste Operations& Emergency Response training.

Page 13: Annual Report 2011 - Narragansett Bay Commission

a n n u a l r e p o r t 2 011 13

2011t h e s c i e n c e o f c l e a n w a t e r

Clean water infrastructure and clean water science go hand-in-hand, and every day the Commission’s Environmental Monitoring and Data Analysisstaff pursue better and more reliable data through intensive nutrient sampling in the urban rivers and upper Narragansett Bay. Their studies show thatnutrient loading from area rivers can increase from 91% to 282% in wet weather as compared to dry weather loadings. This data will be a crucialcomponent of determining the efficacy of the Commission’s nitrogen reduction projects at Field’s Point and Bucklin Point. Additionally, Commissionstaff worked in cooperation with scientists from the University of Rhode Island to investigate a specific group of compounds call EmergingPollutants of Concern (EPCs). EPCs are currently unregulated but have been identified to be potentially harmful to humans and wildlife. Preliminaryanalysis showed chemicals could be detected and some are being removed in the treatment process. The Commission is a national leader in this typeof investigation.

The past several years have seen the Commission delve deep into research on clean energy as a part of its clean water mandate. Progress in renewableenergy also continued in 2011, as the Narragansett Bay Commission moved ahead with two green energy projects. The Federal AviationAdministration granted permission to construct three 1,500-kW wind turbines at the Field’s Point Wastewater Treatment Facility. The turbines canprovide up to half of the current electrical power demand to the facility and will offset approximately 3,000 tons per year of carbon dioxide thatwould have been released from fossil-fuel-generated electricity.

At Bucklin Point, a biogas generation project also moved ahead. The facility currently uses digester biogas supplemented with natural gas as its fuel forits three boilers that heat sewage sludge. By using biogas in cogeneration equipment such as microturbines or reciprocating engines, this biogas couldgenerate up to 40% of the electricity and heat needed for the facility.

And, because the Commission has long been of the opinion that good information becomes useful information once it is shared, in 2011 the agencysponsored workshop called A Day on the Upper Bay: Current Monitoring, Research, Source Reduction Progress & Future Challenges. Curt Spalding, US EPARegional Administrator and former Executive Director of Save the Bay, delivered the keynote address to the day. The event provided an opportunityfor the Commission and stakeholders, scientists and regulators to exchange the latest information and improvements in water quality of upperNarragansett Bay, and discuss the future path toward achieving and surpassing water quality standards. The Commission’s own scientists and engineersgave presentations on various Commission studies and projects, including water quality improvements attributed to the CSO tunnel, nutrient loadingchanges in the bay and construction updates on both the Field’s Point and Bucklin Point facilities. The workshop also officially launched theCommission’s new water quality web module, “Snapshot of Upper Narragansett Bay” (snapshot.narrabay.com) which provides real-time and historicalwater quality data as well as narrative blogs from Commission scientists.

Page 14: Annual Report 2011 - Narragansett Bay Commission

n a r r a g a n s e t t b a y c o m m i s s i o n14

Above: Artistically-enhanced toilet seats forthe Commission’s World Toilet Day exhibit.

Left to right: Providence Mayor AngelTaveras kicks off the Commission’s annualEarth Day clean-up of the WoonasquatucketRiver; curious students learn about bacteriaand other clean water topics at the annualWoon Watershed Explorers Conference; thesefrisky kittens have a new home thanks to thenew Commission-built Providence AnimalShelter.

Page 15: Annual Report 2011 - Narragansett Bay Commission

a n n u a l r e p o r t 2 011 15

2011c l e a n w a t e r a n d o u r c o m m u n i t i e s

Rhode Island’s urban rivers have a long history of supporting the state’s economic engine and connecting communities to Narragansett Bay. From theBlackstone and Seekonk, which propelled the mills that launched the Industrial Revolution in America, to the Woonasquatucket, West, Moshassuck,and Providence, which supported the growth of some of our nation’s earliest cities and towns, the tributaries to Narragansett Bay have served animportant role in the development of the United States. Ensuring the health of these rivers is not only an historical imperative, it is crucial toprotecting and preserving water quality in Narragansett Bay.

In 2011, the Commission resumed its annual Earth Day clean-up of the Woonasquatucket River, welcoming Providence Mayor Angel Taveras as partof the clean-up team. The Commission continued its series of successful rain barrel distribution days this year; in total over 1000 concerned citizenshave purchased rain barrels at a reduced rate through the Commission, and in turn reduced the amount of drinking water used to water lawns andgardens. This year also saw the continuation of the Narragansett Bay Commission’s support of the Providence Children’s Museum’s WaterWaysexhibit. By far the museum’s most popular exhibit, this series of channels and canals not only gives children hands-on experiences with the physicalproperties of water, but also elicits giggles and squeals of delight with every splash.

The Commission has long understood that the best way to protect the quality of our local waters is to involve our younger constituents early on inkeeping them healthy. Thanks to a wide variety of programs and activities designed for young advocates and scientists, the Narragansett BayCommission aims to encourage lifelong learning and potential careers in clean water. The Commission’s award-winning Woon Watershed Explorersprogram leverages the natural enthusiasm and energy of thousands of local elementary school students with a nine-month hands-on exploration ofwater quality, culminating in a year-end Environmental Education Summit, where students present their data to peers from other communities in theprogram. For high school students, the Commission continues its successful collaboration with Providence’s MET School, in which students studyenvironmental and policy-related clean water issues both locally and globally.

Following an example set by the United Nations, in 2011 the Narragansett Bay Commission commemorated World Toilet Day. The observance seeksto bring awareness to the fact that nearly half of the world’s population does not have access to adequate sanitation. In light of this, the Commissionasked student artists throughout the service area to “artistically enhance” a white toilet seat with a message about clean water. The resulting artworkranged from humorous to genuinely thought-provoking. The artwork was hung at the Firehouse 13 Gallery in Providence and drew the gallery’slargest opening night crowd to date.

Commission employees regularly give of themselves to build a better community. In 2011, seventy employees participated in the State EmployeesCharitable Appeal campaign, and over eighty employees participated in a casual day fund that supports philanthropic causes, including the AmericanRed Cross, the American Cancer Society, and the Environment Council of Rhode Island.

Page 16: Annual Report 2011 - Narragansett Bay Commission

n a r r a g a n s e t t b a y c o m m i s s i o n16

Students from Providence Greene School learn about wastewater treatment and other clean water issues during a tour of Field’s Point. Each year over 1000 students tour the NarragansettBay Commission facilities.

Page 17: Annual Report 2011 - Narragansett Bay Commission

a n n u a l r e p o r t 2 011 17

ASSETSCURRENT ASSETS

Cash & cash equivalents $14,695,751Accounts receivables

Sewer use (net of allowance) 9,948,162Sewer use unbilled 3,578,044Receivables, other 138,924

Prepaid expenses 289,283Total current assets 28,650,164

NONCURRENT ASSETSRESTRICTED ASSETS

Cash - environmental enforcement 118,796Cash & cash equivalents - restricted 34,890,995Cash & cash equivalents - restricted for the acquisition and construction of capital assets 16,183,833Total restricted assets 51,193,624

CAPITAL ASSETSLand 2,754,407Plant and equipment 79,928,018Capital projects completed 526,998,864Construction in progress 228,402,550Total 838,083,839

Less accumulated depreciation (132,968,276)

Net capital assets 705,115,563

OTHER ASSETSNegative net pension obligation 69,089Organization costs (net of accumulated amortization) 29,505Bond and loan issuance costs (net of accumulated amortization) 5,802,578Total other assets 5,901,172Total noncurrent assets 762,210,359

TOTAL ASSETS $790,860,523

LIABILITIESCURRENT LIABILITIES

Accounts and contracts payable $8,131,695Accrued interest payable 3,867,788Accrued expenses 2,617,008Unearned revenue 270,216Current portion - loans payable 18,680,893Current portion - leases payable 155,730Current portion - long term debt 1,670,000Total current liabilities 35,393,330

NONCURRENT LIABILITIESOther accrued expenses 69,892Long-term loans payable, net 250,755,702Long-term leases payable, net 1226,588Long-term debt, net 151,280,708Total noncurrent liabilities 402,232,890

Total liabilities 437,626,220

NET ASSETSInvestment in capital assets, net of related debt 281,322,303Restricted - env. enforcement 118,796Unrestricted 71,793,204

TOTAL NET ASSETS $353,234,303

The notes to the financial statements are an integral part of this statement.

2011f i n a n c i a l s t a t e m e n t s : j u n e 3 0 , 2 0 11

s t a t e m e n t o f n e t a s s e t s

Page 18: Annual Report 2011 - Narragansett Bay Commission

n a r r a g a n s e t t b a y c o m m i s s i o n18

The notes to the financial statements are an integral part of this statement.

2011f i n a n c i a l s t a t e m e n t s : f o r t h e y e a r e n d e d j u n e 3 0 , 2 0 11

S T A T E M E N T S O F R E V E N U E S , E X P E N S E S & C H A N G E S I N N E T A S S E T S

OPERATING REVENUESUser fees - residential $41,892,869User fees - commercial & industrial 31,519,837Permit and connection fees 82,914Pretreatment 1,109,709Environmental enforcement 8,315Septage income 293,718Abatement fees 3,096Late charge penalties 951,351Miscellaneous income 6,062BOD/TSS surcharge 44,704

Total operating revenue 75,912,575

OPERATING EXPENSES:Personnel services 18,751,300Contractual services 6,614,019Travel 41,290Repairs and maintenance 1,315,887Utilities 3,940,125Supplies 1,255,828Depreciation & amortization 10,437,059Insurance 915,918Miscellaneous 754,593

Total operating expenses 44,026,019

Operating income 31,886,556

NON-OPERATING REVENUES (EXPENSES):Grant 66,851Interest expense (10,887,026)Interest income 11,609Miscellaneous nonoperating income 263,238Bond and note issue costs (136,664)

Total non-operating revenues (expense) (10,681,992)

Income before capital contributions 21,204,564

Capital contributions 4,042,838

CHANGE IN NET ASSETS 25,247,402

TOTAL NET ASSETS, BEGINNING OF YEAR 327,986,901TOTAL NET ASSETS, END OF YEAR $353,234,303

Page 19: Annual Report 2011 - Narragansett Bay Commission

a n n u a l r e p o r t 2 011 19

2011f i n a n c i a l s t a t e m e n t s : f o r t h e y e a r e n d e d j u n e 3 0 , 2 0 11

S T A T E M E N T S O F C A S H F L O W

CASH FLOWS FROM OPERATING ACTIVITIESCash received from customers $76,035,743Cash payments for goods & services (14,973,607)Cash payments to employees for services (18,856,133)Other operating revenues 276,875

Net cash provided by operating activities 42,482,878

CASH FLOWS FROM NON-CAPITAL FINANCING ACTIVITYGrant receipts from grants 179,711

Net cash provided by non-capital financing activities 179,711

CASH FLOWS FROM CAPITAL & RELATED FINANCING ACTIVITIESAcquisition & construction of capital assets (4,455,077)Principal paid on debt, net (18,927,933)Interest paid on debt (10,760,803)Bond & note issuance costs (136,664)

Net cash used for capital & related financing activities (34,280,477)

CASH FLOWS FROM INVESTING ACTIVITYInterest on investments 11,609

Net cash provided by investing activity 11,609

Net increase in cash & cash equivalents 8,393,721Cash & cash equivalents, beginning of year 57,495,654Cash & cash equivalents, end of year $65,889,375

RECONCILIATION OF OPERATING INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIESOperating income $31,886,556

ADJUSTMENTS TO RECONCILE OPERATING INCOME TO NET CASH PROVIDED BY OPERATING ACTIVITIESDepreciation & amortization 10,437,059Changes in assets & liabilities:

Increase in accts receivables (382,634)Decrease in unbilled revenue 523,756Increase in other receivables (55,338)Increase in prepaid expenses (51,418)Increase in negative net pension obligation (43,720)Decrease in accts & contracts payable (29,931)Decrease in other accrued expenses (61,112)Decrease in unearned revenue (3,578)Nonoperating income reported as operating revenue received 263,238

Total adjustments 10,596,322

NET CASH PROVIDED BY OPERATING ACTIVITIES $42,482,878The notes to the financial statements are an integral part of this statement.

Page 20: Annual Report 2011 - Narragansett Bay Commission

n a r r a g a n s e t t b a y c o m m i s s i o n20

Rhode Island’s diverse marine ecosystems draw visitors from all over the world. Without the improvements in water quality resulting from the Narragansett Bay Commission’s activities, thestate’s robust tourism industry would suffer.

Page 21: Annual Report 2011 - Narragansett Bay Commission

a n n u a l r e p o r t 2 011 21

The notes to the financial statements are an integral part of this statement.

2011f i n a n c i a l s t a t e m e n t s : f o r t h e y e a r e n d e d j u n e 3 0 , 2 0 11

S T A T E M E N T O F C A S H F L O W S ( C O N T I N U E D )

NONCASH CAPITAL AND RELATED FINANCING ACTIVITIES

Purchase of equipment financed by a capital lease $141,664

The Narragansett Bay Commission participates in the State Revolving Loan Fund as described in Note 6 to the financial statements. Project costs are paid directly by the Rhode Island Clean WaterFinance Agency on behalf of the Narragansett Bay Commission and the related loan payable as shown on the financial statements. The State Revolving Loan Project Activity during the year asfollows:

Project invoices paid by the Rhode Island Clean Water Finance Agency $34,886,899

Page 22: Annual Report 2011 - Narragansett Bay Commission

LESLIE AHLBORG • PHILIP ALBERT • PAUL ANNICELLI • CECILLE ANTONELLI • KATHERINE ARCHAMBAULT • MICHAEL ARLAN • SHERRI ARNOLD •NATHAN ARRUDA • DENNIS ARUSSO • DAVID AUCOIN • WILLIAM BADGER • LAWRENCE BANEK • DANIEL BARLOW • JEAN BARNES • WILLIAM BEAUDRY •PAUL BERGER • RICHARD BERNIER • LAURIE BISSONETTE • ERIC BOGOSIAN • KAREN BONN • KERRY BRITT • DAVID BROUILLARD • FRANCES BROWN •SANDRA BROWN • THOMAS BRUECKNER • DIANE BUERGER • DEBORAH BURCHFIELD • ANTHONY CALENDA • SALVATORE CAPARELLI, JR. • JOSEPHCARANCI • MICHAEL CARUOLO • DAVID CARVALHO • CLARA CASIMIRO • JOSEPH CELONA, JR. • SAMUEL CELONE • AMY CHABOT • PATRICIA CHIELLINI •STEPHEN CHMURA • ROBIN CHRISTENSEN • ANTHONY CIACCIARELLI • CHRISTINE COMEAU • JOHN CONTRINO • GARY COOK • JAMIE COOK • MANUELCORRIEA, JR. • TRAVIS COSTA • STEPHEN COTE • THERESA COTE • JOE CROSBY • RAFAEL CUELLO • MICHAEL D’AREZZO • GREGORY DACRUZ • NATHANDAGGETT • ANTHONY DALMAZZI • EDWARD DAVIES • NATHAN DEAN • JUNEL DECENA • ELAINE DEL ROSSI • STEPHEN DEPASQUALE • PAULDESROSIERS • ALFREDO DIEZ • ANTHONY DIIORIO • GEORGE DOLAN • WILLIAM DOLAN • DARREN DOLBASHIAN • JAROD DOYLE • JOAN DUCKWORTH •PAMELA DUCKWORTH • JOHN DUFRESNE • DOMINGO DURAN • ROBERT DUTRA • MANUEL ENOS • NORBERT FARIAS • JOHN FASCITELLI • STEVENFASCITELLI • SORAIA FERNANDES • ERIC FEROLDI • TRICIA FERRARA • EDWARD FERRUOLO • LEAH FOSTER • JOHN FURTADO • JASON GALEGO •JENNIFER GALEGO • WILLIAM GALIPEAU • HECTOR GALVAN • JOSE GALVAN • GARY GANNON • KYLE GANNON • JOSEPH GARGANESE • MICHAELGIAMMARCO • SALVATORE GIAQUINTA • KAREN GIEBINK • LINDA GIESINGER • JACQUELINE GIROUX • ANGELINA GLATER • OLEG GLATER • JAMESGOLDEN • MICHAEL GOLENIA • CARMINE GONECONTE • RONALD GOODINSON, JR. • MEG GOULET • ROSALEEN GROF • MICHELLE GROSSI • MICHAELHALLOWELL • TERENCE HARRINGTON • MARK HEALY • BROC HECTOR • AMANDA HENRY • TIMOTHY HENSHAW • PATRICIA IMS • JONATHAN ISAZA •IAN JARDIN • MAURICE JAREST • ELIZABETH JAVIER • FERN JOHNSON • CLAUDETTE KALF • KATHRYN KELLY • JAMES KELLY, III • KIMBERLY KIRWAN •STEPHEN KRUWELL • BRIAN LALLI • STEPHEN LALLO • JOSEPH LAPLANTE • ANTHONY LENA • LAUREN LESSUCK • PETER LETIZIA • DEREK LINDIA •FRANK LISI • JOHN LOMBARDI • KAREN LONARDO • NORA LOUGH • LUIS LUBO • JANET LUU • KEVIN MACDONALD • JOANNE MACERONI • CHERYLMANGER • CRYSTINE MARANDOLA • RAYMOND MARSHALL • SULEMA MARTINEZ • MARIO MARTONE • WILLIAM MCBORROUGH • DAVID MCCARTHY •JAMES MCCAUGHEY • JOSE MEDINA • RICHARD MELLO • EDWARD MIDGLEY • DANIEL MITCHELL • JOSEPH MONIZ • AUSBERTO MONTIJO, JR • ISRAELMORALES • CHRIS MORAN • STEVEN MORELLI • STEVEN MORELLI, JR. • CYNTHIA MORISSETTE • JOHN MOTTA • MICHAEL MURPHY • KAREN MUSUMECI •LIVIA MUSUMECI • SARA NADEAU • NICHOLAS NARDUCCI • NICOLE NARDUCCI • LINDA NEAL • DAVID NEGRIS • ROBERT NOONAN • PAUL NORDSTROM •ROBERT NORTON • CATHERINE OLIVER • THOMAS OLIVO • GUSTAVO PADILLA • WALTER PALM • JOANNE PARKER • ROBERT PARTINGTON • DANIELPEREIRA • CHERYL PESCARINO • KRISTEN PETIT • EMILIA PETTERUTI • WALTER PHILLIPS • DENNIS PLACE • WADE POOLER • JAMES PROULX • MARCOSQUINONES • JO-ANN RAGOSTA • KIM RAMOS • JOYCE RANGER • MICHAEL REILLY • PAMELA REITSMA • RENEE RINALDI - PATTERSON • CHRISTINEROBERTS • JOSEPH ROBERTS • IZIARH ROBERTS, JR • NORMAN RODOLEWICZ, JR • RALPH RUGGIANO, JR. • GARY RUGGIERO • MICHAEL SALVATORE •JAMIE SAMONS • DEBORAH SAMSON • KIM SANDBACH • JOHN SCHUPP • ARTHUR SHERIDAN, JR. • ROBIN SIMOES • LISA SINDONI • ANSUMANA SIRLEAF •BRENDA SMITH • DANIEL SMITH • KATHLEEN SMITH • REBECCA SONGOLO • EUGENE SORKIN • DAVID SOUSA • MICHAEL SPRING • MICHAEL STARNINO •BRIAN STEERE • ABIGAIL SWEENEY • DONNA SWEENEY • KARA TAGLIANETTI • ANTHONY TAMBURRINO • JOHN TATRO, JR • MARCELO TAVEIRA • MARKTAYLOR • MICHAEL TAYLOR • EDWARD TAYLOR, III • DAVID TEIXEIRA • ELIZABETH TEIXEIRA • DAVID THACKER • EDWARD THIBEAULT • MARK THOMAS• LEE-ANN TORTOLANI • JEFFREY TORTORELLA • PETER TROMBETTI • ANTHONY TURCHETTA, JR • RONALD TURLEY • JARED URBAN • THOMAS UVA •GILBERT VEILLEUX • MANUEL VELAZQUEZ • LORI VERNON • EDWARD VIVEIROS • VALERIE WARD • DAVID WEISMAN • BARRY WENSKOWICZ • MATTHEWWHITE • KEVIN WILCOX • RICHARD WILLIAMS • MICHAEL WOLFE • RICHARD ZANNELLI • JOHN ZUBA • KEITH ZUIDEMA

T h e N a r r a g a n s e t t B a y C o m m i s s i o n ’ s 2 4 6 E n v i r o n m e n t a l i s t s

p u r s u e t h i s m i s s i o n e v e r y d a y t o b r i n g c l e a n w a t e r t o o u r c o m m u n i t y

To maintain a leadership role in the protection and enhancement of water quality in Narragansett Bay and its tributaries

by providing safe and reliable wastewater collection and treatment services to its customers at a reasonable cost.