Laserfiche WebLink
City of Mounds View <br /> Utility Rate Study <br /> Page 6 <br /> 1111 <br /> Projection Assumptions (continued) <br /> Fixed Assets. Land, buildings and system replacements and improvements(with the exception of <br /> the automatic telephone meter reading system)were not anticipated to increase throughout the <br /> period of the projection. The..histoiical and projected operation include.depreciation on - ---•- <br /> purchased.assets. Thection assumes contributed assets will be replaced by sources other 1 <br /> (thanthe utility fund. <br /> Rate Analysis <br /> A history of water and sewer rates from 1982 is as follows: <br /> Water Rates Sewer Rates <br /> Per 1,000 Gallons Per REC <br /> Year Amount %Increase Amount %Increase <br /> 1982 S0.55 - S24.50 - <br /> 1983 0.70 27.3% 29.75 21.4% <br /> 1984 0.70 - 29.75 - <br /> 1985 0.70 - 29.75 - . <br /> 1986 0.75 7.1% 30.75 3.4% <br /> 1987 0.75 - 30.75 - <br /> 1988 0.75 - 30.75 - <br /> 1989 0.85 13.3% 36.75 19.5% <br /> 1990 0.90 5.9% 38.25 4.1% <br /> 1991 0.95 5.5% 39.75 3.9% <br /> 1992 1.05 10.5% 41.25 3.8% <br /> 1993 1.10 4.7% 43.00 4.2% <br /> 1994 1.15 4.5% 43.00 - <br /> 1995 1.20 4.3% 44.00 2.3% <br /> • Based on the projections, the following rate increases will be required: <br /> Water Rates Sewer Rates <br /> Per 1,000 Gallons Per REC <br /> Year Amount %Increase Amount %Increase <br /> 1996 $1.27 /•=% 6.0% $45.32 '4: 4.0% <br /> 1997 1.35 6.0% 47.59 ' 5.0% <br /> 1998 1.43 '•-_ 6.0% 50.21 5.5% <br /> 1999 1.52 _ - 6.0% 53.22 6.0% <br /> 2000 1.61 6.0% 56.68 6.5% <br /> 41 <br /> / <br /> Y - <br />