Loading...
HomeMy WebLinkAbout10/20/1999 - STAFF REPORTS (4) C� ►Atq P C t/r Hoc I Palm water Trea lant Update 'sp �raoadti�• • S ►wt,4 ®INTEGRATED r 20, 1999Irao GROUP.ING. ra Purpose of the Rate Study ■ Design a Rate Methodology and Computer Model Based on Cost-of-Service Principles • Equity • Federal User Charge Regulations • California Revenue.erogram Guidelines ■ Ensure That the Methodology Does Not a Violate Proposition 218 Y Impacts of the 15-Year Agreement . City Will Pay US Filter to Operate and Maintain the Wastewater Treatment and Collection Systems ■ The Outstanding CON Will Be Defeased . Reduction in Annual User Charge Revenue Requirement by $2,225,000 ■ The Sewer Connection Fees Will Be Reduced by 40 Percent i ■ The In Lieu of Property Fee Will Be Eliminated Major Differences in User Charge Revenue Requirements ■ City ■ US Filter 1 . O&M Costs: 1 . O&M Costs: $3,969,216 $2,6309322 2. Annual Debt 2. Annual Debt Service: Service: $0 $2,2252000 3. No Change in the : 40 Percent Lower Sewer Sewer Connection Connection '` Charge Charge Comparison of Existing and Proposed Residential Rates Preliminary Rates US Filter 15-YearAgr+eement $12.00 $ $8.00 $6.00 8 $4.00 $2.00 $0.00 Ex(s*g BN Preft nary Pre&Nnery ResWentkd Apofterd (30%Lower) (38%Lower) I +.LR Preliminary Rates Without , dam ' 15-Year US Filter Agreement S ' : :`,.�• , RNGYnaryRaYsWltlautlSYarUSFiEerApnmrM , 510.10 310.20 IL 4$ S0.i0 ff.40 t. + n+ f9.20 i3 f 0.00 ¢;K 50.60 6bn110 sin fRNnMary RN6Mary IbN0M& AOarlMaal 10, 2 Index ;} " Rate Comparison Summary With 15-Year US Without 15-Year US Filter Agreement Filter Agreement k{ Residential Rate: Residential Rate: re,r; $7.25 per 1,000 gal. $10.15 per 1,000 Apartment Rate: gal. $6.42 per 1,000 gal. . Apartment Rate: $9.28 per 1,000 gal. 3