Laserfiche WebLink
Residential Rates-Water2009-2013201420152016 <br />Rate per Rate per Rate per Rate per <br />1,0001,0001,0001,000 <br />GallonsGallonsGallonsGallons <br />Flat Fee of $10 per Residential $10$10$10$10 <br />Equivalent Unit (REU) <br />0-20,000 gallons$1.80$1.84$1.87$1.91 <br />20,001 -40,000 gallons$2.00$2.04$2.08$2.12 <br />40,001 -80,000 gallons$2.50$2.55$2.60$2.65 <br />80,001 -120,000 gallons$3.00$3.06$3.12$3.18 <br />Over 120,000 gallons$3.50$3.57$3.64$3.71 <br />Springsted, Inc. projections indicatethat the existing sewer rate structure combined with projected <br />growth in the customer base, will providesufficient revenues to meet the minimum recommended <br />cash reserves,but an increase of 7% in 2014 and 2% annual increases in 2015and 2016will be <br />needed to fully fund depreciation(last increased in 2001).The current Sewer Availability Charge <br />of $2,911 is adequate to fund projected capital costs. <br />Volume Charges –Sewer*2001-2013201420152016 <br />0-10,000 gallons$52.00$55.64$56.75$57.89 <br />>10,000 (per 1,000 gallons)$1.00$1.07$1.09$1.11 <br />Flat Sewer Only$62.00$66.34$67.67$69.02 <br />*Based on winter quarter usage <br />Springsted, Inc. recommends that the City establish the user rates for each utility fund for a three <br />year period. The rates should be reviewed on an annual basis concurrent with the development of <br />the following year’s budget. <br />Requested CouncilDirection <br />Discussproposed water and sewer ratesfor approval. <br />Attachments <br />Springsted, Inc. Water and Sewer Utility Rate Study Update (dated January 28, 2013) <br />/¢³®¡¤± ’þ ‘’ 0 ¦¤ 2 <br /> <br /> <br />