Laserfiche WebLink
ENTERPRISE FUNDS -WATER & SEWER <br /> <br />Overview <br />Enterprise funds are used to finance and account for the acquisition, operation, and maintenance of <br />services. These services are entirely or predominantly self-supported by user charges. The City of Little <br />Canada operates two enterprise funds, the Water Fund and the Sewer Fund. The accrual basis of <br />accounting is used for these funds. However, capital outlay items are recorded as expenses during the <br />year and reclassified to assets during the audit preparation. <br /> <br />Water Fund: <br /> <br />The Water Utility Fund is a self-sustaining fund. The City maintains its own water distribution system. <br />Water is purchased from the St Paul Regional Water Services (SPRWS) on a wholesale basis. Metering <br />devices are maintained to account for the usage. <br /> <br /> Billed Rates <br />St Paul Regional Water Services (SPRWS) announced a rate increase in 2023 for wholesale water <br />of 9.71% to 10.00%. Additionally, the SPRWS announced increasing the monthly base fee by <br />54.68%. The recent increases relate to the construction of the McCarrons Treatment Plant that <br />began in 2021. As a result of these increases by the SPRWS the City of Little Canada will be <br />increasing its water rates by 7.5%. <br />Description 2018-2020 Rates 2021 Rates 2022 Rates 2023 Rates % Change <br />2022 to 2023 <br />Water Service Charge $13.50/Quarter $13.90/Quarter*$14.30/Quarter $15.37/Quarter 7.5% <br />Lawn Sprinkler Water <br />Rate $3.60/1,000 gallons $3.70/1,000 gallons <br />(Summer rate)$3.85/1,000 gallons $4.14/1,000 gallons 7.5% <br />7.5% <br />$3.60/1,000 gallons $3.70/1,000 gallons $3.85/1,000 gallons 7.5% <br />$3.98/1,000 gallons <br />(Winter rate) <br />$4.14/1,000 gallons <br />Water Rate (Winter) <br />Water Rate (Summer) <br />$3.45/1,000 gallons <br />(Winter rate) <br />$3.55/1,000 gallons <br />(Winter rate) <br />$3.70/1,000 gallons <br />(Winter rate) <br /> <br />SPRWS Wholesale Water Rates <br />Description 2018 2019 2020 2021 2022 2023 Proposed*% Change <br />2021 to 2022 <br />Winter Rate per cubic foot $1.66 $1.72 $1.75 $1.82 $2.00 $2.20 10.00% <br />Summer Rate per cubic foot $1.72 $1.81 $1.81 $1.88 $2.06 $2.26 9.71% <br /> In addition, a monthly service base fee is charged per the contract of $15,700 per month. <br /> <br />105