CC WS PACKET 10222024 - Laserfiche WebLink

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The Multiyear approach to sewer rates also included the phase in of the flat fee. Based on estimated actual results for 2024 and 2025 budgeted costs are reflected in the proposed rates for 2025. Proposed 2025 Sewer rates are below: 2025 2024 Per 1000 gallons Rates Rates $ Increase Sewer Usage rate 5.12 4.85 0.27 Qtr. Collection system charge 23.25 21.25 2.00 The above rates are projected to produce $1,589,785 in revenues in 2025. At this level of revenues, the operating income before depreciation is budgeted to be $109,191. The sewer budget is attached as Exhibit D. The recommendation’s impact on 2025 quarterly Sewer bills is reflected below: Stormwater rates: A multi-year approach to Stormwater rates in place since 2012 called for an annual increase for single family residential (classifications 2 & 3) to bring the rates in line with surrounding communities and minimal increases moving forward to sufficiently fund future costs of the stormwater utility. Staff’s proposal for 2025 is a $.75 increase in single family stormwater charge. The proposed rate amount is comparable to the range of surveyed rates shown on Exhibit E. Single-family rate increases are determined based on cost drivers, projected project needs and overall fund balance. The City’s commercial stormwater rates however, are below the rates charged for high density and commercial/industrial/institution classifications. It was noted in the 2023 rate survey that the city’s commercial rates were 3-4 times the single-family rate. The surveyed 2023 rates for these classifications were 7-12.5 times the single-family rates. Therefore, staff is proposed to phase in an increase the high density and commercial/industrial/institution rates. Employing 19