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HomeMy WebLinkAbout#16 CC 10 20 15 Water rate analysisMAYOR AND COUNCIL COMMUNICATION DATE: 10/20/15 REGULAR ITEM: #16 AGENDA ITEM: Lake Elmo Water Rate Analysis SUBMITTED BY: Julie Fliflet THROUGH: Cathy Bendel REVIEWED BY: Cathy Bendel SUGGESTED ORDER OF BUSINESS: - Introduction of Item ......................................................................................... Julie Fliflet - Report/Presentation ......................................................................................... Julie Fliflet - Questions from Council to Staff ............................................................ Mayor Facilitates - Public Input, if Appropriate ................................................................... Mayor Facilitates - Call for Motion .............................................................................. Mayor & City Council - Discussion ..................................................................................... Mayor & City Council - Action on Motion .................................................................................. Mayor Facilitates PUBLIC POLICY STATEMENT: NONE BACKGROUND AND STAFF REPORT: In 2010 due to the State mandated water conservation initiative, the City of Lake Elmo moved to a tiered rate structure. Council Member Fliflet, as Finance Committee Chair and the City Finance Director have done some initial high level analysis and feel there is a potential to reduce the rates in the near future. Additional analysis needs to be done to determine what modifications can and should be made to the current rate structure. RECOMMENDATIONS: Move to direct the City Finance Committee to further review and provide to the City Council their recommendation related to the possibility of reducing the water rates, proposed options for change and the timing of the proposed changes.