Water and Sewer Service Charges. Average Monthly Charge - Single Family Residence Current 2018 Proposed 2019 $ Change % Change $9.82 $42.
|
|
- Kelly Rogers
- 5 years ago
- Views:
Transcription
1 To: Mayor and City Council From: Charles Ozaki, City and County Manager Prepared by: Pat Soderberg, Finance Director Kim Pfeifer, Revenue Manager Billie Reyes, Billing and Accounts Administrator Meeting Date Agenda Category Agenda Item # November 27, 2018 Council Business 7(b) Proposed Ordinance No Amending Broomfield Municipal Code Sections and to change Monthly Water Service Charges and Water License Fee - First Reading Proposed Ordinance No Amending Broomfield Municipal Code Section to change Monthly Sewer Service Charges - First Reading Summary Broomfield operates water and sewer utilities for the benefit of Broomfield citizens. User charges and fees provide revenues to cover operating costs. License fees, which are the fees paid for new connections to the utility system, are charged to new or expanded users to provide revenues for capital expansion and system growth. The utility funds are operated as Enterprise Funds. Enterprise Funds are required to be self-sustaining and therefore need sufficient funds to continue operations. In 2012, the City Council authorized a rate and fee study to evaluate the the adequacy of the charges in the utility funds - for both service charges and license fees. As a result of the study, the council approved increases in 2013 for increases in service charges for both the water and sewer utilities, and an increase in the sewer license fees. Even though additional service charge increases were projected at the time of the rate study for 2014 and 2015, careful monitoring of the actual operating revenues and expenses in the water and sewer funds did not show increases to be warranted. Using the utility financial models, staff did recommend modest service charge rate increases of 1.5% in 2016 and 2017 and a 2.0% increase in There have been no increases in license fees since Based on continuing review of the financial models staff is recommending that a 2.0% increase in water and sewer utility service charges be enacted for In addition, due to increased capital costs associated with the water utility system, a 5.0% increase in water license fees is proposed. The recently adopted 2019 Budget included projections for revenues based on 2.0% increases in water and sewer service charges, and a 5.0% increase in the water license fee (an increase of $1,123 per tap equivalent unit). With the service charge increases, the average monthly water service charge for a single family residence is projected to increase $1.00 and the average monthly sewer service charge for a single family residence is projected to increase by $.36, for a total of $1.36 per month. The chart below compares present rates to proposed rates. Water and Sewer Service Charges Average Monthly Charge - Single Family Residence Current 2018 Proposed 2019 $ Change % Change Monthly Flat Charge Water Used Charge (based on annual usage of 163,000 gallons) $9.82 $42.92 $10.01 $43.73 $.19 $ % 2.0% Subtotal $52.74 $53.74 $ % Total Sewer Service Charges (based on average winter consumption of 6,000 gallons) $19.62 $19.98 $ % Total Average Water and Sewer Charges $72.36 $73.72 $ % Water License Fees Current 2018 Proposed 2019 Change Water License Fee (¾ Connection) $22,454 $23,577 $1,123 When compared to other water and sewer providers, Broomfield customers are in the lower third of the average monthly charges for water and sewer customers. This comparison remains consistent with the proposed rate increases. Proposed Ordinance Nos and 2081 authorize 2.0% increases in the service charges for water and sewer funds, respectively, and a 5.0% increase in the water license fee. Prior Council Action Ordinance Nos and 2057 increasing water and sewer user charges and fees were adopted by Council on December 12, 2017 for Financial Considerations Service charge increases are needed to assist in covering operating cost increases. The rate adjustments are consistent with the Utility long-range financial plans and the 2012 Water, Sewer and Reclaimed Water Rate and Fee Study. The fee adjustments are consistent with the Long Range Financial Plan. Alternatives An alternative rate increase or no rate increase. Proposed Actions/Recommendations If Council desires to proceed with the project, the appropriate motion is That Ordinance No be adopted on first reading and ordered published in full. That Ordinance No be adopted on first reading and ordered published in full. That a public hearing on the ordinances be scheduled for 6:00 pm December 11, 2018, in the Council Chambers at the George Di Ciero City and County Building. That second and final reading on Ordinances Nos and 2081 be scheduled for December 11, 2018, following the public hearings. 7(b) - Page 1
2 Proposed Monthly Water and Sewer Rate Change and License Fee Change Page 2 BACKGROUND Broomfield s Water Fund, Sewer Fund, and Water Reclamation Fund (collectively the Utility Funds ) operate as Enterprise funds where rates and fees within each fund are set to cover the costs of providing respective services to customers. By law, enterprise funds are not supported by tax revenues. They must operate as a stand-alone business and generate the revenues necessary to provide services. In Broomfield, there are two separate components to the overall operation of each utility fund; an operating component and a capital component. The operating component accounts for the day-to-day functions of running the utility for existing customers, recovering the cost of providing service, and maintaining the existing capital investment. The major revenue sources associated with the operating components are user service charge rates and fees. The capital component takes into account any of the costs related to building or expanding the existing system, which may include new debt associated with constructing new infrastructure. The major revenue associated with the capital component is the license fee. License fees are impact fees or assessments designed to recover the costs of capital improvements or facility expansion attributable to growth paid when a new or expanding user ties into the system. In 2012, Council authorized a Utility Rate and Fee Study which was conducted by ARCADIS U.S., Inc. This rate study evaluated the rates and fees charged by Broomfield s Water and Sewer Utilities and provided a multi-year plan that projected potential annual increases in user charges through 2021 to cover the costs associated with operations of the utilities. Since completion of the study, the financial models underlying the recommended potential increases have been evaluated annually to assess and incorporate the most current factors. In the study, ARCADIS incorporated two basic scenarios in their analysis; just-in-time increases and smoothing. Just-in-time increases allow fund balance and available cast to reach minimum levels before increases are imposed and potentially results in high single year increase in the that cash reserves reach minimum levels. Smoothing, as the term implies, takes the larger increase and spreads it over several years in lesser increments to more evenly spread the impact. The key to the smoothing approach is that multi-year increases may be required to achieve the necessary revenue. Council direction at that time was to utilize the smoothing approach when evaluating the need for increases in user charges. The following charts compare the annual increase projected by the rate study with the actual increases through 2018 and revised projections for 2019 through As shown below, based on careful review of the revenues and expenses associated with the Utility Funds in 2014 and 2015, no increases were recommended by staff. For 2016 and 2017, a 1.50% increase was recommended each year in order to keep the funds in a fiscally healthy position. For 2018 a 2.0% increase was recommended. For 2019 a 2.0% increase is also being recommended. The revised financial models show that similar increases may be necessary for 2020 and Staff will continue to monitor the actual revenues and expenses as each budget year is reviewed to determine if the projected increases will be recommended. If approved on the first reading, the proposed rate increases and notice to the public hearing for the second reading will be communicated to our citizens through the Broomfield Enterprise, messages on the waters bills, the Utility Billing webpage and the Utility Billing payment website, Paymentus, Twitter and Facebook. 7(b) - Page 2
3 Proposed Monthly Water and Sewer Rate Change and License Fee Change Page 3 WATER FUND SEWER FUND Year Actual Projections Projected Increases - Rate Study Revised Projections Year Actual Increase in Rates Projected Increases - Rate Study Revised Projections * Actual Environmental Compliance Fee (EFC) Projected Environmental Compliance Fee (ECF) - Rate Study Revised Environmental Compliance Fee (ECF)* % 7.00% -% % 13.00% -% $ % 6.00% -% % 13.00% -% $ % 6.00% -% % 13.00% -% $ % 5.00% -% % 12.00% -% $ % 0.00% -% % 12.00% -% $ % 0.00% -% % 11.00% -% $ % 0.00% -% :00% 11.00% -% $ * % 2.00% 2020* % 2.00% * % 2.00% 2021* % 2.00% *Projected *Projected SERVICE CHARGES - PURPOSE OF PROPOSED INCREASES Service charge revenues are fees designed to recover the costs of operations, provide for a two month operating reserve, and allow for the costs of routice capital improvements to the system, rather than growth related improvements. As noted above, the service charges have either remained constant or had a modest increase since Water Fund In the water fund, service charges have two components: Flat monthly charge (no usage included) per dwelling unit User charges for all water used per 1,000 gallons A 2.0% increase in the service charges is expected to produce approximatel y $351,000 mo re in operating revenue in the water fund in 2019, which is intended to offset the annual deficit between expenses and revenues using the smoothing approach which was noted previously as the preferred method of managing increases. The operating costs for the water fund have increased annually due to: Increased water supply cost charged by Denver Water Energy cost increases Chemical cost increases Costs associated with routine maintenance of capital assets to keep them in good working order Sewer Fund In the sewer fund, service charges are based on: User charges per 1,000 gallons of the average winter consumption (AWC) with a minimum of 4,000 gallons A 2.0% increase in service charges is expected to produce approximately $134,000 m ore in operating revenue in the sewer fund in 2019, which is intended to offset the annual deficit between expenses and revenues using the smoothing approach which was noted previously as the preferred method of managing increases. 7(b) - Page 3
4 Proposed Monthly Water and Sewer Rate Change and License Fee Change Page 4 The operating costs for the fund have increased annually due to: Energy cost increases Chemical cost increases Bio-solid transportation cost increases Costs associated with routine maintenance of capital assets to keep them in good working order The chart below compares average monthly charges using the current rates with the proposed average monthly charges reflecting the recommended increases. Average Monthly Charge Current 2018 Proposed 2019 $ Change % Change Monthly Flat Charge Water Used Charge (based on annual usage of 163,000 gallons) $9.82 $42.92 $10.01 $43.73 $.19 $ % 2.0% Subtotal $52.74 $53.74 $ % Total Sewer Service Charges (bases on average winter consumption of 6,000 gallons) $19.62 $19.98 $ % Total Average Water and Sewer Charges $72.36 $73.72 $ % WATER LICENSE (CONNECTION) FEES - PURPOSE OF PROPOSED INCREASED Water License (Connection) Fees License fees are the fees that are paid by developers and builders for new connections to the water system. The purpose of license fees is to provide funds to pay for the capital costs of expanding the water utility to serve new growth. Accordingly, the fees are used to pay for the following costs associated with the City & County s growth: recovery of past capital expenditures, payment of bond, Windy Gap Project and the Water Treatment Plant expansion. As discussed during the review of Broomfield s proposed 2019 Budget, an increase of 5.0% in water license fees are proposed for 2019 as shown in the table below. This increase is recommended, primarily, due to the increased costs associated with the Windy Gap project and the construction of the Water Treatment Plant expansion. The chart below compares the current license fee with the proposed license fee reflecting the recommended increase. Water License Fees Current 2018 Proposed 2019 Change % Change Water License Fee (¾ Connection) $22,454 $23,577 $1,123 5% COMPARISON OF BROOMFIELD S RATES WITH THOSE OF OTHER CITIES A chart showing Broomfield s current average annual and monthly water and sewer service fee charges, as well as water license fees, compared to other local water and sewer providers are illustrated in the tables below. For an average utility customer, the amount paid by a Broomfield resident is in the bottom third for water and sewer service. As noted above, if the rate increase is approved the average monthly charges for the Broomfield Customer would increase to $ for water and $19.98 for sewer service - which is still comparatively low when referenced to the table. Water license fees would increase $1,123. 7(b) - Page 4
5 Proposed Monthly Water and Sewer Rate Change and License Fee Change Page 5 WATER RATE COMPARISON Based on 163,000 gallons per year SEWER RATE COMPARISON Based on 6,000 gallons per month WATER LICENSE COMPARISON Based on an average lot 8,600 SQ. FT. City 2018 Usage Charges 2018 Flat Charges 2018 Total Annual Average Monthly City 2018 Flat Charges Average Monthly City 2018 Water License Aurora $ $ $1, $86.33 Erie $ $49.20 Louisville $30,500 Thornton $ $ $1, $85.07 Castle Rock $ $39.54 Erie $29,214 Brighton $ $ $ $78.80 Westminster $ $35.64 Westminster $25,341 Golden $ $39.84 $ $74.77 Boulder $ $34.26 Thornton $24,990 Greeley $ $ $ $72.50 Longmont $ $31.02 Aurora $24,324 Northglenn $ $ $ $71.25 Brighton $ $29.70 Superior $22,570 Erie $ $ - $ $67.64 Arvada $ $28.44 Broomfield $22,454 Littleton $ $ $ $66.96 Northglenn $ $27.12 Brighton $22,012 Superior $ $ $ $65.62 Superior $ $26.60 Golden $20,742 Louisville $ - $ $ $64.01 Denver $ $26.04 Arvada $19,720 Westminster $ $ - $ $63.86 Loveland $ $25.44 Castle Rock $18,758 Longmont $ $ $ $60.25 Louisville $ $25.20 Boulder $12,432 Arvada $ $69.96 $ $56.63 Fort Collins $ $22.14 Longmont $12,296 Loveland $ $ $ $55.63 Aurora $ $21.84 Northglenn $11,600 Boulder $ $ $ $55.51 Broomfield $ $19.62 Greeley $11,400 Fort Collins $ $ $ $55.50 Thornton $ $17.70 Windsor $9,400 Broomfield $ $ $ $52.74 Golden $ $15.66 Lafayette $9,360 Lafayette $ $ $ $52.10 Lafayette $ $14.82 Ft. Collins $9,164 Castle Rock $ $ $ $47.85 Greeley $ $11.70 Littleton $5,000 Denver $ $ $ $46.50 Windsor $ $9.78 Loveland $4,990 PROPOSED ORDINANCES Proposed Ordinance Nos and 2081 would approve increases for water and sewer service charges and an increase in the water license fee effective January 1, If approved on first reading, it is proposed that a public hearing on the ordinances be scheduled for 6:00 p.m. on December 11, 2018, and that a second and final reading follow the public hearing.. 7(b) - Page 5
6 7(b) - Page 6
7 7(b) - Page 7
8 7(b) - Page 8
9 7(b) - Page 9
10 7(b) - Page 10
Structural Financial Task Force Tax Burden Benchmarking
Structural Financial Task Force Tax Burden Benchmarking Meeting 5 June 17, 2011 DRAFT 1 Executive Summary Given our assumptions, the hypothetical household in Denver at $59,007 faces a: Sales tax burden
More informationBUDGET TRACKING REPORT
To: From: Prepared by: Mayor and City Council Charles Ozaki, City and County Manager Kevin Standbridge, Deputy City and County Manager Pat Soderberg, Finance Director Joyce Alberts, Budget Manager Valerie
More informationCity and County of Broomfield, Colorado CITY COUNCIL AGENDA MEMORANDUM,
, Colorado To: From: Prepared by: CITY COUNCIL AGENDA MEMORANDUM, Mayor and City Council Charles Ozaki, City and County Manager Kevin Standbridge, Deputy City and County Manager Pat Soderberg, Finance
More informationTo: Mayor and City Council From: Charles Ozaki, City and County Manager Prepared by: Kevin Standbridge, Deputy City and County Manager
To: Mayor and City Council From: Charles Ozaki, City and County Manager Prepared by: Kevin Standbridge, Deputy City and County Manager Pat Soderberg, Finance Director Joyce Alberts, Budget Manager Brenda
More informationBUDGET TRACKING REPORT
To: Mayor and City Council From: Charles Ozaki, City and County Manager Prepared by: Kevin Standbridge, Deputy City and County Manager Pat Soderberg, Finance Director Joyce Alberts, Budget Manager Valerie
More informationBUDGET TRACKING REPORT
To: or and City Council From: Charles Ozaki, City and County Manager Prepared by: Kevin Standbridge, Deputy City and County Manager Pat Soderberg, Finance Director Joyce Alberts, Budget Manager Valerie
More informationHOUSING AUTHORITY AGENDA MEMORANDUM
City and County of Broomfield, Colorado HOUSING AUTHORITY AGENDA MEMORANDUM To: From: Prepared by: Broomfield Housing Authority Members Charles Ozaki, Executive Director Pat Soderberg, Finance Director
More informationBoard of Directors Meeting. April 28, 2016
Board of Directors Meeting April 28, 2016 March Operational Results Category March Variance 2016 Variance Municipal Demand (MW) (5.0%) (5.1%) Municipal Energy (MWh) 0.8% (0.3%) Baseload Generation (MWh)
More informationATTACHMENT 2. Purpose. To provide guidance on proposed policy for High Occupancy Vehicle (HOV) lanes. Action
ATTACHMENT 2 DATE: October 14, 2015 TO: Transportation Commission FROM: Debra Perkins-Smith, Director, Division of Transportation Development (DTD SUBJECT: High Occupancy Vehicle (HOV Policy Guidance Purpose
More informationAGENDA ITEM #5. CITY COUNCIL COMMUNICATION FORM
AGENDA ITEM #5. CITY COUNCIL COMMUNICATION FORM FROM: THROUGH: Kim Weber, Finance Director Gary Suiter, City Manager DATE: March 13, 2018 ITEM: Fiscal Sustainability Revenue Diversification. X DIRECTION
More informationTOWN OF PRESCOTT VALLEY
TOWN OF PRESCOTT VALLEY Management Services Department WATER & SEWER RATE STUDY July 27, 2017 TOWN OF PRESCOTT VALLEY REPORT OF PROPOSAL TO REVISE CERTAIN WATER AND WASTEWATER RATES, FEES AND SERVICE CHARGES
More informationCITY COUNCIL STUDY SESSION MEMORANDUM
City and County of Broomfield, Colorado CITY COUNCIL STUDY SESSION MEMORANDUM To: From: Prepared by: Mayor and City Council Charles Ozaki, City and County Manager David Allen, Deputy Director of Public
More informationClosing Protection Letter Single Transaction Land Title Insurance Corporation
Closing Protection Letter Single Transaction Land Title Insurance Corporation "Addressee" CHELSEA MCDONALD 2300 CLAYTON RD #450 CONCORD, CA 94520 Verify this Closing Protection Letter at www.landtitleinsurancecorporation.com/lender
More informationFORT COLLINS- LOVELAND WATER DISTRICT
FORT COLLINS- LOVELAND WATER DISTRICT Water Financial Planning and Rate Study Report March 16, 2018 District of Thousand Oaks Water and Wastewater Financial Plan Study Report March 16, 2018 Board of Directors
More informationAGENDA OF THE COUNCIL OF THE CITY OF FORT COLLINS, COLORADO. October 19, Proclamations and Presentations 5:30 p.m.
AGENDA OF THE COUNCIL OF THE CITY OF FORT COLLINS, COLORADO October 19, 2004 Proclamations and Presentations 5:30 p.m. A. Proclamation Proclaiming October 23, 2004 as Make a Difference Day. B. Proclamation
More informationORDINANCE NO AMENDING THE CITY OF ROCKSPRINGS UTILITY CODE ORDINANCE NO , , , 2008,
ORDINANCE NO. 2016- AMENDING THE CITY OF ROCKSPRINGS UTILITY CODE ORDINANCE NO. 2013-13, 2012-12 2011-7, 2010-03, 2008, 2007-06 BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ROCKSPRINGS, TEXAS: The
More informationORDINANCE NO AN ORDINANCE To Be Entitled:
AN ORDINANCE To Be Entitled: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF FORT MYERS, FLORIDA, AMENDING THE CITY CODE, CHAPTER 90, UTILITIES, ARTICLE II WATER, SECTION 90-35 RATES AND CHARGES ESTABLISHED;
More informationSewer Rates. General Information Sheet. July 18, 2017
Sewer Rates General Information Sheet July 18, 2017 Welcome to the City of O'Fallon's sewer rates public hearing. This meeting presents the preliminary findings to revise the sewer rates. In this public
More informationWELCOME GuarantyBankCO.com
WELCOME 303.293.5500 877.609.5500 GuarantyBankCO.com Proudly serving Colorado for over 60 years. Welcome to Guaranty Bank! Table of Contents About Guaranty Bank... 4 Frequently Asked Questions...........................
More informationVILLAGE OF. Illinois. Financial Planning & Reporting Process. Planning. Reporting. Annual Budget. Monthly Treasurer's Report
VILLAGE OF Illinois Financial Planning & Reporting Process Planning Planning Planning Reporting Reporting Reporting Multi-Year Financial Forecast Multi-Year Capital Plan Annual Budget Monthly Treasurer's
More informationVII. County of Hanover. Board Meeting: February 24, 2016
VII. Agenda Item County of Hanover Board Meeting: February 24, 2016 Subject: Summary of Agenda Item: Request to Set Public Hearings and Authorization to Advertise the Notices of Public Hearings on the
More informationSewer Rate Study July 2016
July 2016 Prepared By The Finance Division TABLE OF CONTENTS SECTION 1: EXECUTIVE SUMMARY... 1 1.1 Background... 1 1.2 Purpose... 1 1.3 Current Sewer Rates... 1 1.4 Five Year Financial Projection... 1
More informationWATER AND SEWER RATE STUDY
FINAL WATER AND SEWER RATE STUDY B&V PROJECT NO. 179322.0100 PREPARED FOR City of Lynwood, CA JANUARY 11, 2017 Black & Veatch Holding Company 2011. All rights reserved. City of Lynwood, CA WATER AND SEWER
More informationBiennial Budget Summary
2 019 2020 Biennial Budget Summary 2019 2020 Adopted Biennial Budget MAYOR AND CITY COUNCIL Wade Troxell, Mayor Gerry Horak, Mayor Pro Tem Bob Overbeck Ray Martinez Ken Summers Kristin Stephens Ross Cunniff
More informationCHAPTER 2: SOCIO-ECONOMIC PROFILE
2040 Regional Transit Element CHAPTER 2: SOCIO-ECONOMIC PROFILE STUDY AREA The study area for this 2040 RTE is the NFRMPO region, also designated by the Colorado Department of Transportation (CDOT) as
More informationFinance Committee Meeting Minutes
Meeting Information Date: August 14, 2018 Time: 7:00 P.M. Location: City Council Chambers 31 Wakefield Street Rochester, New Hampshire Finance Committee Meeting Minutes Committee members present: Mayor
More informationSTAFF REPORT SAUSALITO CITY COUNCIL
STAFF REPORT SAUSALITO CITY COUNCIL AGENDA TITLE: Public hearing on proposed sanitary sewer fee effective fiscal year 2014-15 RECOMMENDED ACTIONS: (1) Open Public Hearing and receive public comment and
More informationThe series 2008 Water & Sewer Revenue Bonds Feasibility Report recommended the City perform and implement a rate study for the following reasons:
Additional Background Information Water and Wastewater The City of Fort Lauderdale supplies water and sewer services on a regional basis to over 250,000 residents of central Broward County. The areas serviced
More informationSTAFF REPORT. Overview:
STAFF REPORT To: Honorable Mayor Berg and City Council Gary Klaphake, City Administrator From: Steve McFarland, Finance Director Date: September 17, 2018 Subject: 2019 City of Lafayette Budget, Workshop
More informationCITY OF HEALDSBURG RESOLUTION NO
CITY OF HEALDSBURG RESOLUTION NO. 49-2012 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HEALDSBURG DETERMINING THAT THERE WAS NO MAJORITY PROTEST OF THE PROPOSED WATER AND WASTEWATER SERVICES RATE INCREASE
More information2018 Budget Kick-Off. March 21, Theresa Wilson, Budget Manager Matt Elliott, Senior Budget Analyst
2018 Budget Kick-Off March 21, 2017 Theresa Wilson, Budget Manager Matt Elliott, Senior Budget Analyst Agenda 2 Review key factors of initial 2018 budget development with City Council Economic trends Recession
More informationWE TAKE YOUR HEALTH PERSONALLY
D E N V E R H E A LT H M E D I C A L P L A N WE TAKE YOUR HEALTH PERSONALLY CITY AND COUNTY OF DENVER / DENVER EMPLOYEE RETIREMENT PLAN (DERP) 2018 ENROLLMENT GUIDE Welcome! Dear City and County of Denver
More informationLeeds Business Confidence Index
Fourth Quarter 2017 Volume 10, number 4 colorado.edu/business/brd Leeds Business Confidence Index Cools Ahead of Q4 2017 The Leeds Business Confidence Index (LBCI) captures Colorado business leaders expectations
More informationWATER POLLUTION CONTROL AUTHORITY TOWN OF SOUTH WINDSOR REGULAR MEETING AGENDA 7:00 P.M. SPRENKEL ROOM MAY 5, 2015
MEMBERS OF THE WPCA THAT ARE UNABLE TO ATTEND THIS MEETING, PLEASE CALL ETHER DIAZ, (860) 644-2511, EXT. 243, ON OR BEFORE 4:30 P.M. ON THE DAY OF THE MEETING WATER POLLUTION CONTROL AUTHORITY AGENDA 7:00
More informationCITY COUNCIL AGENDA MEMORANDUM
City and County of Broomfield, Colorado CITY COUNCIL AGENDA MEMORANDUM To: From: Prepared by: Mayor and City Council Charles Ozaki, City and County Manager Pat Soderberg, Director of Finance Barbara Griebel,
More information2017 UTILITY RATE STUDY WORK SESSION #2: BACKGROUND, EDUCATIONAL/INFORMATIONAL
2017 UTILITY RATE STUDY WORK SESSION #2: BACKGROUND, EDUCATIONAL/INFORMATIONAL Receive a presentation from Lewis Young Robertson & Burningham regarding the 2017 Utility Rate Study The purpose of the Council
More informationTOWN OF ORO VALLEY WATER UTILITY COMMISSION WATER RATES ANALYSIS REPORT OCTOBER 7, 2009
TOWN OF ORO VALLEY WATER UTILITY COMMISSION WATER RATES ANALYSIS REPORT OCTOBER 7, 2009 EXECUTIVE SUMMARY The functions and duties of the Oro Valley Water Utility Commission include reviewing and developing
More informationchfa participating lenders
table of contents Please click on the region s name below to find CHFA-approved lenders in your preferred area of the state. Denver Metro Area 2 Colorado Springs Metro Area 5 Eastern/Northeastern Colorado
More informationColorado Historic Preservation Income Tax Credit (Updated March 2010)
Colorado Historic Preservation Income Tax Credit (Updated March 2010) ELIGIBLE PROPERTIES Over 50 years old and historically designated on the State Register of Historic Places or landmarked by a Certified
More informationCity of Benicia. Rate Study Update: Water & Wastewater Rates
City of Benicia Rate Study Update: Water & Wastewater Rates March 1, 2016 Prepared by: Karin Schnaider, Finance Director, City of Benicia Greg Clumpner, Director, NBS Carmen Narayanan, Consultant, NBS
More informationCounty Of Sonoma Agenda Item Summary Report
County Of Sonoma Agenda Item Summary Report Department: Sonoma County Water Agency, and County Sanitation Districts Name and Phone Number: Board Date: Candi Bryon - (707) 521-6212 5/22/2012 AGENDA SHORT
More information2015 Mid-Year Economic Update
BROOMFIELD Economic Development 2015 Mid-Year Economic Update Provided by: Broomfield Economic Development One Descombes Drive Broomfield, CO 80020 303-464-5579 www.investbroomfield.com Prepared by: Development
More informationSAN ANTONIO WATER SYSTEM (SAWS) RATE ADVISORY COMMITTEE: MEETING 3
01 April, 2014 SAN ANTONIO WATER SYSTEM (SAWS) RATE ADVISORY COMMITTEE: MEETING 3 Bill Zieburtz Richard Campbell Robert Chambers RATE SETTING PROCESS STUDY APPROACH RATE SETTING OBJECTIVES FINANCIAL PLAN
More informationWATER AND WASTEWATER RATE STUDY
WATER AND WASTEWATER RATE STUDY Draft July 3, 2013 Prepared by: Page 1 Page 2 201 S. Lake Avenue Suite 301 Pasadena, CA 91101 Phone 626. 583. 1894 Fax 626. 583. 1411 www.raftelis.com July 1, 2013 Mr. Don
More informationWill the Recovery Ever End? Boulder Economic Forecast
Will the Recovery Ever End? Boulder Economic Forecast Place cover image here Richard Wobbekind Senior Economist and Associate Dean for Business and Government Relations January 17, 219 #COBizOutlook Real
More informationCharting a New (Economy) Course
Charting a New (Economy) Course Metro Denver 2009 Economic Forecast January 2009 Colorado Outperforms the U.S. 2009 forecast values Colorado United States Job losses less severe -0.4% -1.1% Unemployment
More informationBUSINESS OF THE CITY COUNCIL CITY OF MERCER ISLAND, WA
BUSINESS OF THE CITY COUNCIL, WA December 6, 2010 Public Hearing 2011-2012 PRELIMINARY BUDGET REVIEW: FINALIZE CHANGES TO PRELIMINARY BUDGET, RE-BALANCE GENERAL FUND, AND ADOPT 2011 EMS UTILITY RATES Proposed
More information2017 Denver Water Wirth, Richard A. 12/31/2017
2017 Denver Water Wirth, Richard A. 12/31/2017 BOARD OF WATER COMMISSIONERS CITY AND COUNTY OF DENVER, COLORADO TRANSMITTAL LETTER FROM THE CHIEF FINANCE OFFICER..3 OFFICIALS...5 BOARD OF WATER COMMISSIONERS...5
More informationWater and Sewer Rate Study
Water and Sewer Rate Study Presentation to the Village Board April 26, 2016 Presented by: Eric Callocchia Manager Contents 1 2 3 4 5 6 7 8 Rate Study Background and Purpose Projected Expenses Projected
More informationPlatte River Power Authority
Independent Auditor s Report and Financial Statements Financial Statements Years Ended Contents Independent Auditor s Report...1 Management s Discussion and Analysis (Unaudited)...3 Financial Statements
More informationI RECOMMENDATIONS: I TO: CITY COUNCIL DATE: April 27,2009 I FROM: CITY MANAGER I BACKGROUND: Agenda Report
Agenda Report I TO: CITY COUNCIL DATE: April 27,2009 I THROUGH: FINANCE COMMITTEE I I FROM: CITY MANAGER I SUBJECT: PUBLIC HEARING: AMENDMENT TO THE GENERAL FEE SCHEDULE TO INCREASE THE RESIDENTIAL REFUSE
More informationFY 2019 Approved Budget Approved by the Board of Directors on March 1, 2018
FY 2019 Approved Budget Approved by the Board of Directors on March 1, 2018 DISTRICT OF COLUMBIA WATER AND SEWER AUTHORITY Enhanced Clarification Facility Lucy Tunnel Boring Machine First Street Tunnel
More informationLeeds Business Confidence Index
First Quarter 2018 Volume 11, number 1 colorado.edu/business/brd Leeds Business Confidence Rebounds Ahead of Q1 2018 The Leeds Business Confidence Index (LBCI) captures Colorado business leaders expectations
More informationEAST BOULDER COUNTY WATER DISTRICT FINANCIAL STATEMENTS. December 31, 2008
EAST BOULDER COUNTY WATER DISTRICT FINANCIAL STATEMENTS December 31, 2008 Table of Contents FINANCIAL SECTION Independent Auditors= Report 1 Management=s Discussion and Analysis 2-6 Exhibit 1- Statement
More informationCITY COUNCIL AGENDA MEMORANDUM
City and County of Broomfield, Colorado CITY COUNCIL AGENDA MEMORANDUM To: From: Prepared by: Mayor and City Council Charles Ozaki, City and County Manager Debra Baskett, Transportation Manager Dave Shinneman,
More informationWORKSHOP BRIEFING DOCUMENT: Comprehensive Water and Wastewater Rate and Charge Study
WORKSHOP BRIEFING DOCUMENT: Comprehensive Water and Wastewater Rate and Charge Study July 31, 2007 HCD/GAI# A070574.01 Purpose of Rate Study Provide For Revenue Sufficiency Charge Customers Based On Costs
More informationPOPULATION AND ECONOMIC OVERVIEW. State Demography Office Colorado Department of Local Affairs February 2014
POPULATION AND ECONOMIC OVERVIEW State Demography Office Colorado Department of Local Affairs February 2014 Big Picture 2011-2012 Pop Change US 313 million, + 2.3 million or.7% Colorado 5,189,458, + 70,157
More informationPercentage of Cases by Federal Poverty Level
Colorado Child Care Assistance Program (CCAP) Colorado Child Care Assistance Program (CCAP) serves families in three programs: Low Income, Temporary Assistance for Needy Families (TANF) and Child Welfare.
More informationWelcome to the City of Republic!
Welcome to the City of Republic! THE FOLLOWING IS YOUR INITIAL BILLING INFORMATION: R0 ADDRESS ACCT# In City Sewer rate with Base Amount on 1500 gal-$15.93 S1 - @ $9.47 Per 1,000 Gallons In City Water
More informationCITY OF CHARLES TOWN, a municipal utility WATER
P.S.C. W. Va. No. 13 Canceling P.S.C. W. Va. No. 12 CITY OF CHARLES TOWN, a municipal utility OF CHARLES TOWN, WEST VIRGINIA RATES, RULES AND REGULATIONS FOR FURNISHING WATER at Charles Town, Ranson and
More informationBE IT RESOLVED BY THE BOARD OF DIRECTORS OF GALVESTON COUNTY MUNICIPAL UTILITY DISTRICT NO.
ORDER ESTABLISHING RATES FOR WATER AND SEWER SERVICE; PROVIDING FEES FOR CONNECTION AND RECONNECTION; ESTABLISHING REGULATIONS FOR WATER AND SEWER SERVICE; AND CONTAINING OTHER PROVISIONS RELATING TO THE
More informationProposed 2017 Budget. General Fund Stormwater Management Fund Sewer Fund Water Fund Solid Waste & Recycling Fund
Proposed 2017 Budget General Fund Stormwater Management Fund Sewer Fund Water Fund Solid Waste & Recycling Fund 2017 BUDGET ADDRESS J. Richard Gray, Mayor November 22, 2016 Members of City Council, Residents,
More informationNotice of a public hearing
Notice of a public hearing Dear Benicia Resident and/or Business Owner, You are receiving a revised Notice of a Public Hearing to increase the water and sewer rates and add water meter replacement fees.
More informationCITY COUNCIL AGENDA MEMORANDUM
City and County of Broomfield, Colorado CITY COUNCIL AGENDA MEMORANDUM To: From: Prepared by: Mayor and City Council George Di Ciero, City and County Manager Kevin Standbridge, Assistant City and County
More informationSchedule of Water and Sewer Rates of First Utility District of Knox County, Tennessee. Residential Water
Schedule of Water and Sewer Rates of First Utility District of Knox County, Tennessee Residential Water $10.82 Minimum Bill 1,501 gallons through 8,000 gallons $ 2.86 per 1,000 gallons 8,001 gallons through
More informationMARINA COAST WATER DISTRICT FINANCIAL PLAN AND RATE AND FEE STUDY FINAL REPORT. September 2013
MARINA COAST WATER DISTRICT FINANCIAL PLAN AND RATE AND FEE STUDY FINAL REPORT September 2013 10540 TALBERT AVENUE, SUITE 200 EAST FOUNTAIN VALLEY, CALIFORNIA 92708 P. 714.593.5100 F. 714.593.5101 MARINA
More informationThe Utilities Fund is broken into two categories: a Capacity Expansion Fund and an Operating Fund.
Attachment 1 O16-19 BACKGROUND REPORT The Utilities Fund is an enterprise fund. An enterprise fund establishes a separate accounting financial reporting mechanism for municipal services for which a fee
More informationWater Bond Debt Fee and Water Rate Modification
Water Bond Debt Fee and Water Rate Modification Presented by City of Fernley Public Works Department April 4, 2012 Flat Fee Assessment in 2011/2012 May 2011 Residential Temporary Flat Fee Assessment of
More informationBIG BEND WATER DISTRICT CITIZEN ADVISORY COMMITTEE MEETING SUMMARY. August 7, 2017, 10:00 a.m.
BIG BEND WATER DISTRICT CITIZEN ADVISORY COMMITTEE MEETING SUMMARY August 7, 2017, 10:00 a.m. Laughlin Regional Government Center 101 Civic Way, Laughlin, Nevada Committee Members Present: Deborah Murray
More informationWATER AND WASTEWATER FUND REVENUES
WATER AND WASTEWATER FUND REVENUES Water revenues comprise $12.11 million, or 70.6% of total revenues of the fund, while wastewater (sewer) charges comprise $4.25 million, or 24.7% of total revenues. Water
More informationCity Council Agenda Item #14D(1&2) Meeting of September 12, Items for the 2012 Preliminary Tax Levy: Adopt the resolutions
City Council Agenda Item #14D(1&2) Meeting of September 12, 2011 Brief Description: Items for the 2012 Preliminary Tax Levy: 1) Resolution setting preliminary 2012 tax levy 2) Resolution setting preliminary
More informationMINUTES CITY OF FORT MYERS CITY COUNCIL SPECIAL MEETING SEPTEMBER 13, 2018
MINUTES CITY OF FORT MYERS CITY COUNCIL SPECIAL MEETING SEPTEMBER 13, 2018 CALL TO ORDER The City Council of the City of Fort Myers, Florida, met in special session at Oscar M. Corbin, Jr. City Hall, 2200
More informationProposed Budget. Fiscal Year Revenue Overview
Fiscal Year 1 Revenue Overview Major Revenue Sources T FISCAL YEAR 1 REVENUE OVERVIEW he total estimated revenues from County funds for Fiscal Year 1 is $57 million, a.% increase from Fiscal Year. Total
More informationComprehensive Annual Financial Report
Comprehensive Annual Financial Report For the Year Ended December 31, 2013 Comprehensive Annual Financial Report For the fiscal year ended December 31, 2013 Prepared by the Finance Department: Charles
More informationORDINANCE NO NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BONNEY LAKE, WASHINGTON DO ORDAIN AS FOLLOWS,
ORDINANCE NO. 1278 AN ORDINANCE OF THE CITY OF BONNEY LAKE, PIERCE COUNTY, WASHINGTON, AMENDING CHAPTER 13.12 OF THE BONNEY LAKE MUNICIPAL CODE AND ORDINANCE NOS. 1129, 1098, 1082, 1047, 909, 892, 828,
More informationSanitary Sewer System Capacity Assurance Program (CAP)
Sanitary Sewer System Capacity Assurance Program (CAP) CAP TASK FORCE Lexington-Fayette Urban County Government Division of Water Quality June 14, 2012 AGENDA Recommendations for Task Force Credit Banking
More informationQuarterly Regional Economic Report
First/Second Quarter 21 Denver Region Economic Condition Summary Sometimes a picture IS worth a thousand words. Or, more precisely, sometimes a collection of pictures is worth a thousand words. As the
More informationFire and Police Pension Association Statewide Death & Disability Plan Actuarial Valuation Report for the Year Beginning January 1, 2018
Actuarial Valuation Report for the Year Beginning January 1, 2018 June 30, 2018 Board of Directors 5290 DTC Parkway, Suite 100 Greenwood Village, Colorado 80111 Re: Actuarial Valuation of the FPPA (the
More informationStaff Reports, By-laws and Motions:
The Corporation of The City of Dryden June 3, 2013 Minutes of an Open Special Meeting of Council held at 7:00 p.m. on the above date in the Council Chambers at City Hall. Present: Absent: Staff: Others:,
More informationCapital Markets Update
4643 S Ulster Street Suite 1040 Denver, CO 80237 303.694.1900 innovestinc.com Capital Markets Update Scott Middleton, CFA, CIMA Principal, Director June 21, 2018 Colorado Capital Markets and Middle Market
More information2016 End of Year Economic Update
BROOMFIELD Economic Development End of Year Economic Update RELEASED: MARCH 2017 Provided by: Broomfield Economic Development One Descombes Drive Broomfield, CO 80020 303-464-5579 www.investbroomfield.com
More informationA RESOLUTION FOR THE PURPOSE OF ADOPTING THE OPERATING AND CAPITAL IMPROVEMENT BUDGETS FOR FISCAL YEAR 2017 AND LEVYING TAXES.
BK I9Pj 48 RESOLUTION NO. II I (i> Page 1 of 5 A RESOLUTION FOR THE PURPOSE OF ADOPTING THE OPERATING AND CAPITAL IMPROVEMENT BUDGETS FOR FISCAL YEAR 2017 AND LEVYING TAXES Budget Authority WHEREAS, the
More informationRates, Rates, and More Rates
Rates, Rates, and More Rates Jeff Hughes David Tucker February 10-11, 2016 Chapel Hill, NC www.efc.unc.edu TOPICS - Headline stories? - Summary of rates and rate trends in N.C. - Rate increases, etc. -
More informationAcknowledgments. Special thanks to public- and private-sector financial contributors: Arapahoe County. City of Arvada.
Acknowledgments Preparation of this report has been financed in part through grants from the U.S. Department of Transportation, Federal Transit Administration and Federal Highway Administration. Special
More informationMore of the Same? Southwest Business Forum
More of the Same? Southwest Business Forum Place cover image here Richard Wobbekind Senior Associate Dean, Leeds School of Business Executive Director, Business Research Division January 4, 2017 Colorado
More informationBUDGET WORKSHOP. FISCAL YEAR 2018 July 10 th
BUDGET WORKSHOP FISCAL YEAR 2018 July 10 th AGENDA FY2017 Current Budget FY2017 Budget Review Committee Adjustments FY2018 General Fund Budget Summary FY2018 Highlighted Other Funds Budget Summary Next
More informationCANCEL DUT TO LACK OF QUORUM August 6, 2018
The Regular Meeting of the Town of Westlake Town Council will begin immediately following the conclusion of the Town Council Work Session but not prior to the posted start time. TOWN OF WESTLAKE, TEXAS
More informationREGULAR MEETING. The meeting was called to order at 7:30 p.m., Mayor Patricia Krause presiding
Lincoln Park, Michigan June 3, 2013 REGULAR MEETING The meeting was called to order at 7:30 p.m., Mayor Patricia Krause presiding Pledge of Allegiance to the Flag Invocation by Father Gerard Cupple of
More informationAsset Management / Portfolio Management
Asset Management / Portfolio Management Asset / Portfolio Management Brian Miller, CHFA Director of Asset Management Kristi Budish, CHFA Manager Asset Quality Steve Boice, CHFA Loan Analyst Erik Robinson,
More informationSTEGE SANITARY DISTRICT FINANCIAL PLAN AND RATE REVIEW
STEGE SANITARY DISTRICT FINANCIAL PLAN AND RATE REVIEW June 2014 BARTLE WELLS ASSOCIATES Independent Public Finance Advisors 1889 Alcatraz Avenue Berkeley CA 94703 Tel. 510/653-3399 TABLE OF CONTENTS
More informationSchedule of Water and Sewer Rates of First Utility District of Knox County, Tennessee. Residential Water
Schedule of Water and Sewer Rates of First Utility District of Knox County, Tennessee Residential Water $11.14 Minimum Bill 1,501 gallons through 8,000 gallons $ 2.95 per 1,000 gallons 8,001 gallons through
More informationLONDON GROVE TOWNSHIP MUNICIPAL AUTHORITY RESOLUTION NO
LONDON GROVE TOWNSHIP MUNICIPAL AUTHORITY RESOLUTION NO 2019-01 A RESOLUTION OF THE AUTHORITY BOARD ESTABLISHING WATER SYSTEM TAPPING FEES IN ACCORDANCE WITH ACT 57 OF 2003 WHEREAS, London Grove Township
More informationThe Basics of Developing & Reading a Municipal Budget June 4, Pat Walker Pat Walker Consulting LLC
The Basics of Developing & Reading a Municipal Budget June 4, 2015 Pat Walker Pat Walker Consulting LLC Agenda Introductions/Overview Development of Budget Process How to read a budget What it means at
More informationIntroduction to Water and Sewer Fund Needs August 11, 2017
Introduction to Water and Sewer Fund Needs August 11, 2017 A lot of good things are happening in Buffalo and we hope to make some exciting announcements in the months to come, especially about possible
More informationYORK COUNTY, SOUTH CAROLINA
YORK COUNTY, SOUTH CAROLINA Water and Sewer Financial Planning and Rate Study Report October 25, 2017 1031 S. Caldwell Street Suite 100 Charlotte, NC 28203 Phone 704.373.1199 Fax 704.373.1113 www.raftelis.com
More informationFY BUDGET BUDGET SECTION SUMMARY
BUDGET SECTION SUMMARY Section Title: SONOMA VALLEY COUNTY SANITATION DISTRICT A. Program Description This budget finances operation, maintenance, and administration of a collection system, pumping stations,
More informationCity of Crescent City Measure Q City Attorney s Impartial Analysis of Measure Q
City of Crescent City Measure Q In order to financially support the operation, maintenance, capital improvements and debt service of the City s sewer utility, shall Ordinance No. 792 be adopted to amend
More informationLONDON GROVE TOWNSHIP MUNICIPAL AUTHORITY RESOLUTION NO
LONDON GROVE TOWNSHIP MUNICIPAL AUTHORITY RESOLUTION NO 2019-02 A RESOLUTION OF THE AUTHORITY BOARD ESTABLISHING WASTERWATER SYSTEM TAPPING FEES IN ACCORDANCE WITH ACT 57 OF 2003 WHEREAS, London Grove
More informationSAN JOSH CAPITAL OP SILICON VALLEY F/ZZ/IL. Memorandum. FROM: Kim Walesh Julia H. Cooper TO: HONORABLE MAYOR AND CITY COUNCIL
COUNCIL AGENDA: 08/02/16 ITEM: ^3 CITY OF SAN JOSH CAPITAL OP SILICON VALLEY TO: HONORABLE MAYOR AND CITY COUNCIL SUBJECT: POTENTIAL BUSINESS TAX MODERNIZATION MEASURE A pproved ^ Memorandum FROM: Kim
More informationYour New Utility Statement DUE DATE: 7/16/2015 AMOUNT DUE: $ /22/2015. Billing Date: Account Number: Resident: Service Address: RESIDENT NAME
APARTMENT NAME 807 FLAME CIR *****1 0 S15004D175 807 FLAME CIRCLE APT 103 CITY ST 00000 Your New Utility Statement Page 1 6/22/2015 807 FLAME CIRCLE APT 103 DUE DATE: 7/16/2015 AMOUNT DUE: $53.73 Balance
More information