HomeMy WebLinkAbout02 22 2016 Water and Sewer Rate PresentationWater and Sewer Rates
February 22, 2016
Agenda
Introduction
CIP Strategy
Water/Sewer Systems Study
Utility Rate Study
2016 Water/Sewer Rates
CIP Strategy
Physical Approach
–Complete 2 miles annually
–Repair as needed
Financial Considerations
–Issue Debt/Assess Benefitting Properties
–Pay as you Go (Utilities)
–Combination
Water/Sewer Systems Plan
History
–Last Updated in 2004/2005
–Projected Future Demands
–Programmed Additional Capital Investments
Updates
–Development Differed Significantly from Projections
–Water Supply and Regional Water Planning
–Water Conservation
Utility Rate Study
Rates
–On-going Operations
–Capital Projects
–Compliance with Financial Plan
Rate Projections
–Pay as you Go
–Issue Debt
2016 Water and Sewer Rates
Water
–2016 ($0.25)
–Projected based on approved CIP
Sewer
–2016 ($0.50)
–Projected based on approved CIP
Proposed CIP Revisions
Manitou Sewer Pipe Lining –Defer to 2020
Well #10 (2016) –Defer to 2017
Water Treatment Plant #2 (2019) –Defer to 2020
AMRS (2019) –Begin 6 year implementation program
starting in 2016
Questions