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Water Utility 28 <br /> <br /> City of Lino Lakes, Minnesota – Water and Sewer Rate Study Update <br />Tier  1 <br />95.0% <br />Tier  2 <br />4.3% <br />Tier  3 <br />0.8% <br />Residential  Accounts  by  Tier <br />winter  average  (2010 ‐2011) <br />Scenario 4 – Revised Block Rate Structure <br />One final option we reviewed is to keep a block rate structure, whereby the <br />price of water increases with volume consumed, but reduce the number of <br />blocks from five to three for residential and from three to two for non- <br />residential and non-residential irrigation. The following block rate structure is <br />proposed in order to meet revenue requirements: <br /> <br />Proposed 2013 Residential Rates <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Based on this rate structure, 95% of resi dential accounts would fall into the first <br />tier and 99.3% in the first two tiers (based on 2010 and 2011 winter average <br />consumption records). <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Proposed 2013 Non-Residential Rates <br /> <br /> <br /> <br /> <br /> <br /> <br />Proposed 2013 Non-Residential Irrigation Rates <br /> <br /> <br /> <br /> <br /> <br /> <br />Our proposed rates along with 2.0% increases in these rates 2014-2017 project <br />depreciation could be funded while main taining recommended reserve levels. <br /> <br />The financial projections are shown on the following page. <br /> Residential <br />0 – 30,000 gallons $1.89 <br />30,001 – 50,000 $2.09 <br />> 50,000 $2.91 <br /> Non-Residential <br />0 – 50,000 gallons $2.04 <br />> 50,000 $2.30 <br /> Non-Residential Irrigation <br />0 – 50,000 gallons $2.55 <br />> 50,000 $3.57