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10-24-2022 City Council Packet
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10-24-2022 City Council Packet
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12/14/2022 9:10:12 AM
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City Council
Council Document Type
Council Packet
Meeting Date
10/24/2022
Council Meeting Type
Regular
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Degradation Fee <br />Degradation Fee Formula: <br />Degradation Fee: <br />UTILITY FEES <br />Water Utility Rates <br />Residential <br />Base Fee 15.00$ /Quarter/REU* <br />10.00$ /Quarter/REU* <br />Consumption Fee <br />0 - 20,000 Gallons 2.02$ /Thousand Gallons <br />1.94$ /Thousand Gallons <br />20,001 - 40,000 Gallons 2.25$ /Thousand Gallons <br />2.16$ /Thousand Gallons <br />40,001 - 80,000 Gallons 2.81$ /Thousand Gallons <br />2.70$ /Thousand Gallons <br />80,001 - 120,000 Gallons 3.37$ /Thousand Gallons <br />3.24$ /Thousand Gallons <br />Over 120,000 Gallons 3.94$ /Thousand Gallons <br />3.79$ /Thousand Gallons <br />Non-Residential <br />Base Fee 15.00$ /Quarter/REU* <br />10.00$ /Quarter/REU* <br />Consumption Fee <br />0 - 20,000 Gallons 2.02$ /Thousand Gallons <br />1.94$ /Thousand Gallons <br />20,001 - 40,000 Gallons 2.25$ /Thousand Gallons <br />2.16$ /Thousand Gallons <br />Over 40,000 Gallons 2.54$ /Thousand Gallons <br />2.44$ /Thousand Gallons <br />This formula covers degradation for depreciation caused by intrusion into the right-of- <br />way. The depreciation applies to the original surface of the right-of-way and to the <br />overlays and seal-coats applied to the surface. The formula includes life expectancy <br />schedules for each and has an estimated cost per square yard based on the quality of the <br />right-of-way surface required for different levels of traffic. This formula creates a <br />degradation fee which is determined by the cost per square yard for street, overlay, and <br />seal-coat, multiplied by the depreciation schedule, multiplied by the area of the street <br />patch. <br />(cost per square yard for street overlay and seal-coat x depreciation schedule rates) x area <br />of street patch = degradation fee
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