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<br />City of Lino Lakes, Minnesota P a g e | 34 <br />8. Conclusions and Recommendations <br />2021 2022 2023 2024 2025 2026 <br />Residential 0 - 20,000 1.87$ 1.94$ 2.02$ 2.10$ 2.19$ 2.28$ <br />20,001 - 40,000 2.08$ 2.16$ 2.25$ 2.34$ 2.43$ 2.53$ <br />40,001 - 80,000 2.60$ 2.70$ 2.81$ 2.92$ 3.04$ 3.16$ <br />80,001 - 120,000 3.12$ 3.24$ 3.37$ 3.51$ 3.65$ 3.80$ <br />120,001 and up 3.64$ 3.79$ 3.94$ 4.09$ 4.26$ 4.43$ <br />Fixed/REU 10.00$ 10.00$ 15.00$ 20.00$ 25.00$ 25.00$ <br />Non-Residential 0 - 20,000 1.87$ 1.94$ 2.02$ 2.10$ 2.19$ 2.28$ <br />20,001 - 40,000 2.08$ 2.16$ 2.25$ 2.34$ 2.43$ 2.53$ <br />40,000 over 2.35$ 2.44$ 2.54$ 2.64$ 2.75$ 2.86$ <br />Non-Residential Irrigation 0 - 40,000 2.60$ 2.70$ 2.81$ 2.92$ 3.04$ 3.16$ <br />40,001 - 80,000 3.12$ 3.24$ 3.37$ 3.51$ 3.65$ 3.80$ <br />80,001 and up 3.65$ 3.80$ 3.95$ 4.11$ 4.27$ 4.44$ <br />8. Conclusions and <br />Recommendations <br />This study was undertaken to review and analyze the City of Lino Lakes’s Water and <br />Sewer Funds to determine the appropriate rate structure and rate levels needed to pay <br />for anticipated operating expenses, to provide for anticipated capital improvements, pay <br />principal and interest on current and anticipated debt, and to provide adequate levels of <br />cash reserves. <br />The following conclusions were determined as a result of this study and the financial <br />projections prepared: <br /> <br />• We recommend the following increases to the City’s Water Rates – with a new <br />Water Treatment Plant: <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />