CC PACKET 12092014 - Laserfiche WebLink

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138 increase by $10,000 each year from 2016-2018 with the transfer topping out at 50,000 in 2019 . The $50,000 approximates the annual replacement amount for the Utility equipment included in the CIP program. This phase in approach will moderate the annual rate increases required. Therefore the recommended 2015 rate per 1,000 gallons is $2.98, or an eleven cent ($.11) increase. This represents a 3.83% increase in rate and would be expected to generate $34,411 in additional revenues (assuming water usage is similar to 2014). The impact on a 7,500 gallon per quarter user would be as follows: Quarterly Usage % Bill Rate Change 2011 $19.50 $2.60 2012 $20.03 $2.67 2.69 2013 $20.63 $2.75 3.00 2014 $21.53 $2.87 4.50 Quarterly Bill Usage Rate % Change 2011 $19.50 $2.60 2012 $20.03 $2.67 2.69 2013 $20.63 $2.75 3.00 2014 $21.53 $2.87 4.50 2015 $22.35 $2.98 3 .83 Sewer Rates: The approach to sewer rates in 2012 was the same as used for the water. Consistent with this approach, the elimination of annual transfer from the sewer operations to the general fund is carried forward to 2015 . The recommended 2015 rate per 1,000 gallons is $4.19, or a twenty cent ($.20) increase. This represents a 5.01 % increase in rate. This increase revenue along with reduced treatment cost due to lower relative flows for 2013/2014 produces a breakeven operating model for the sewer operations. The MCES 2015 rate notification also alluded to future rate increases in treatment costs being higher than 4%. The revision in rates would be expected to generate $45,666 in additional revenues (assuming 2015 first quarter water usage was similar to the first quarter in 2014). The impact on a 7,500 gallon per quarter user would be as follows: Quarterly % Bill Usage Rate Change 2011 $26.25 $3.50 2012 $27.75 $3.70 5.71 2013 $28.35 $3.78 2.16 2014 $29 .93 $3.99 5.44