CC WORKSESSION PACKET 10302017 - Laserfiche WebLink

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rate increase is in order to match the above average increase treatment costs expected for 2018. The recommended 2018 Sewer rates are below: The above rates are expected to produce $1,175,081 in revenues in 2018. At this level of revenues the operating income before depreciation is budgeted to be $56, 777. The sewer budget is attached as Exhibit C. The recommendation’s impact on 2018 billings is reflected below: The above rates were compared to the 2017 survey of Metro area city’s water rates. The tables below summarize the overall 2017 findings and the estimated 2018 rates based on a 4% increase in annual rates. The SAV billing in the tables below are based on existing 2017 rates and proposed 2018 rates. The survey details are attached as Exhibit D. 2017 2018 Per 1000 gallons Rates Rates $ Increase Sewer Treatment rate 4.62 4.69 0.07 Quarterly flat fee 3.20 6.40 3.20 2018 Usage Rate 4.69 4.69 4.69 4.69 4.69 4.69 2018 Usage levels 4,600 7,500 15,000 22,500 30,000 37,500 Flat Fee 6.40 6.40 6.40 6.40 6.40 6.40 Usage Charge 21.57 35.18 70.35 105.53 140.70 175.88 2018 Proposed Billing 27.97 41.58 76.75 111.93 147.10 182.28 2017 Actual Billed 24.45 37.85 72.50 107.15 141.80 176.65 DIFFERENCE 3.52 3.73 4.25 4.78 5.30 5.63 Min/Flat - Tiers M/F 7,500 15,000 22,500 30,000 37,500 2017 Overall Average 40.35 58.18 79.75 105.42 131.43 157.41 SAV Actual 3.20 37.85 72.50 107.15 141.80 176.65 Flat fee only 74.89 74.89 74.89 74.89 74.89 74.89 Flat fee + usage 25.77 54.91 83.59 112.88 141.85 171.39 Min + usage 39.99 53.89 71.87 101.91 133.69 164.34 Min/Flat - Tiers M/F 7,500 15,000 22,500 30,000 37,500 2018 projected at 4% annual increase 41.96 60.51 82.94 109.64 136.69 163.71 SAV Proposed 6.40 41.58 76.75 111.93 147.10 182.28 Flat fee only 77.88 77.88 77.88 77.88 77.88 77.88 Flat fee + usage 26.80 57.11 86.94 117.40 147.52 178.25 Min + usage 41.59 56.04 74.75 105.98 139.04 170.91