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HomeMy WebLinkAbout17- RFP Submission - Advanced Engineering and Environmental Services, Inc. (AE2S) - Water and Wastewater Cost of Service and Rate Design StudyCITY OF BOZEMAN, MT PROPOSAL FOR WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY The Financial Link 8.15.2017 August 15, 2017 Ms. Kristen Donald Finance Director City of Bozeman 121 North Rouse PO Box 1230 Bozeman, MT 59771 Re: Building a Sustainable and Resilient Rate Structure Through a Comprehensive Understanding of Your System, Goals, and Challenges Dear Ms. Donald: The City of Bozeman is taking big steps with its utilities to address existing infrastructure and equipment O&M needs while undergoing a period of extremely rapid growth. These changes require you to be intentional and thoughtful in approaching the changes that are ahead for your ratepayers, something that is apparent in the thought that has gone into the RFP. To better serve your needs with this project, we are combining forces with our sister company, AE2S Nexus, our utility financial consulting practice, to aid you through these exciting times. We are happy to partner with you on this opportunity and provide our expertise in accurately assessing cost of service and designing a rate structure that will allow you to continue to have a responsive and financially sustainable utility. We understand this project is more than a cost of service and rate study - it is an integrated financial master plan and we have assembled a team to provide the specific expertise needed to guide you through this process. Our team brings the following benefits: Keen Awareness of the Underlying Details Delivers Desired Outcomes. Your recent water facility plan and drought conservation plan highlight a number of challenges, in the near-term as the you look to adapt to growth. Our team brings the best understanding of these challenges along with strong technical expertise in the wastewater side to build our familiarity with your collection system and Water Reclamation Facility. This understanding and awareness of the driving cause of many of your challenges will provide us with the critical background to set fair and equitable rates that achieve your goals. Building off this knowledge, we will be able to put together a truly comprehensive look at the fiscal health of your utility and chart a reasonable path forward that incorporates both growth and water conservation considerations into rate and capital planning. As a result, we understand your critical needs, as well as potential flexibility in the CIPs - depending on growth and existing system conditions. This enhances our ability to assess your cost of service and best design a rate structure to cover your infrastructure needs. Marriage of Financial, Utility Management, and Engineering Expertise Brings True Understanding of Your Utilities. It is clear that you understand both the financial and technical aspects of your utilities are intertwined. We started AE2S Nexus because we know that at the heart of good utilities is a mix of the same financial and technical aspects. Our mix of financial, utility management, and engineering expertise enables us to truly “get” public utilities; the result is a study that addresses your concerns while balancing rate equitability. Proven Experience Enables Efficiency. Expertise translates to efficiency - meaning you get the results you want on time and on budget. We have a proven track record of assisting utilities achieve revenue stability and rate equability – including utilities facing similar issues as Bozeman (e.g., high growth rates, transitions from small towns to thriving mid-size cities, large universities, and water supply constraints). In fact, we have completed the past three comprehensive water and wastewater utility financial analyses for the City of Billings, MT, which included key similarities in planning their conservation rates and accurately forecasting revenues by incorporating probability-based simulations. This experience, coupled with our foundational understanding of your system challenges and goals, will achieve efficiency on your project. On behalf of our project team, we look forward to this opportunity to work collaboratively alongside you to complete this critical project for the City of Bozeman. Please contact me with any questions: (o) 406-219-2633; (m) 406-570-5184; (e) Scott.Buecker@ae2s.com. Submitted in Service, AE2S Scott Buecker, PE Shawn Gaddie PE Client Services Manager Project Manager/Nexus Division Manager Advanced Engineering and Environmental Services, Inc. 1050 E Main Street, Suite 2 • Bozeman, MT 59715 • 406-219-2633 www.ae2s.com INSIDE 1. FIRM BACKGROUND 2. FIRM EXPERIENCE 3. PROPOSED TEAM 5. WORK SUMMARY 6. WORK PLAN AND PROJECT SCHEDULE 7. CITY-FURNISHED DOCUMENTATION 4. REFERENCES ATTACHMENT 1 - STATEMENT OF NON-DISCRIMINATION FORM ATTACHMENT 2 - EXAMPLES OF RECENTLY COMPLETED RATE STUDIES 1FIRM BACKGROUND AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 1.1 AE2S Nexus, a Municipal Securities Rule Making Board (MSRB) Registered Municipal Advisory Firm with dedicated Utility Financial and Asset Management expertise, is comprised of individuals ready to assist the City of Bozeman with issues such as utility financial health (cost of service, rate design, revenue adequacy, revenue forecasting, etc.), State and Federal funding programs, project financing, and asset management. Since 1999, we have established ourselves as a regional resource for financial rate making assistance in concert with our sister company AE2S’ strong reputation as drinking water and wastewater specialists. The experience of our financial consulting team has become a critical component of our water and wastewater services, bolstering the financial stability of our clients. We have not only conducted financial analyses and presented the results, but have been available for follow-up consultation and guidance as our clients worked through related utility efforts such as developing rate ordinances, updating low- income assistance programs, and large-user rate negotiations. We believe so strongly in supporting our clients in this important aspect of utility management, that for the past 15 years we have been preparing the Annual Utility Rate Survey to provide backing for the work of our clients and to serve as a resource for utility management in our region (for clients and non-clients). AE2S Nexus and AE2S work as an integrated team, providing our clients with the perfect marriage of financial and engineering expertise that enables us to truly understand your organization and to bolster your financial stability. SCOTT BUECKER, PE Client Service Manager C: 406-570-5184 Scott.Buecker@ae2s.com SHAWN GADDIE, PE Project Manager/Nexus Division Manager C: 701-866-3639 Shawn.Gaddie@ae2s.com AE2S 1050 East Main Street, Suite 2 Bozeman, MT 59715 F: 406-219-2635 CONTACT INFORMATION OFFICE LOCATION PERCENTAGE OF SERVICES/WORK Bozeman, MT 7 percent Grand Forks, ND 92 percent Fargo, ND 1 percent •Cost of ServiceAnalysis (COSA) •Long-Term RatePlanning •Revenue Adequacy •Annual Utility FinanceReview •Rate Design Utility Financial Management •Condition & Opera-tional Assessments •Sustainable AssetManagement Plans •Financial Renewal &Replacement ValueProjections Asset Management •City Assessment Support •Direct Auditor/Clerk/Finance Director SupportServices •Training and BudgetingAssistance •Billing Systems Support Municipal Financial Services •Project FundingEvaluations & Scoring •Traditional & Non-Traditional ProjectFinancing Solutions •On-Going FundingSupport & FundingAdministration Project Fundingand Financing OUR SERVICES •Water, Sewer, andStormwater UtilityBenchmarking •Annual Utility FinanceReview Annual Utility Rate Survey FIRM BACKGROUND 1 2FIRM EXPERIENCE AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 2.1 Value of Experience and Expertise The AE2S team has been assembled to provide the City of Bozeman with an unmatched combination of regional public utility experience and municipal rate study expertise. Our financial company, AE2S Nexus, is comprised of individuals dedicated to fully understanding utility financial management, rates, and finances. The Nexus team works as an integrated group with AE2S technical experts, providing our clients with the perfect marriage of financial and engineering expertise that enables us to truly understand and address your unique financial, infrastructure management, and engineering needs. AE2S has been providing municipal utility focused services since the company’s inception. Utility Management Over the last 26 years, AE2S has developed and grown a unique service within the broader engineering field. The AE2S Nexus division was formed to assist public and private clients with utility funding and financial services. AE2S Nexus provides utility planning, funding development, funding administration, and asset management services. We work routinely with our Water, Wastewater, and Water Resources Practices in developing Capital Improvement Plans (CIP) and utility funding/financial models for master plan and project implementation for multiple municipalities across the region. AE2S has broad experience assisting communities with addressing infrastructure challenges as a result of expanding development, new regulation, and aging infrastructure. Our team has served clients in preparation of planning level costs, projection of expenditures over time, identification of available funding mechanisms, and restructuring of existing sources. Our specific related water and wastewater rate experience is highlighted in greater detail on the following pages. CLIENT PopulationWaterWastewaterRate DesignOn-call Financial ServicesCity of Billings, MT 109,060 x x x x City of Belgrade, MT 8,254 x x City of Whitefish, MT 6,649 x x x City of Rapid City, SD 67,960 x x x City of Sioux Falls, SD 158,000 x x x x City of Eden Prairie, MN 60,800 x x x x City of Duluth, MN 86,128 x x City of St. Cloud, MN 67,641 x x x x City of Williston, ND 30,000*x x City of Minot, ND 46,320 x x x City of Fargo, ND 105,550 x x x x City of Grand Forks, ND 52,840 x x x x *Extreme population growth situation Utility Studied RATE STUDY EXPERIENCE AE2S Nexus has completed hundreds of rate studies and related financial projects for municipal and industrial clients. FIRM EXPERIENCE 2 2FIRM EXPERIENCE AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 2.2 CITY OF BOZEMAN PLANNING AND ENGINEERING PROJECT EXPERIENCE AE2S has completed several projects with the City of Bozeman that have given us an excellent understanding and appreciation of the costs the City incurs for water and wastewater services, including: • Integrated Water Resource Plan • Distribution System Risk Assessment Response Plan • Water Facility Plan Update • Lyman Creek Water System Expansion • Drought Management Plan A brief summary of each of these projects and the relevance to cost of service follows. Integrated Water Resource Plan (IWRP) Bozeman’s water supply is limited by its location in the headwaters of the Gallatin River watershed and the closed basin status of groundwater. AE2S completed the IWRP (with CH2M as a subconsultant) in 2014 to clarify current water supplies, identify future water supply needs, and assess the supplies susceptibility to climate change. The IWRP quantified a future water supply gap, the extent of which will depend on growth rates, water use/ conservation, securitization of additional water supplies, and climate change. Alternatives to decrease or eliminate the Bozeman, Montana water supply gap were developed and screened for feasibility. The evaluation process included close collaboration with a City Commission appointed Technical Advisory Committee, to identify the most feasible portfolios and cost-effective approaches. The final IWRP included recommendations for implementation of a Water Conservation Program and adopt a Drought Management Plan. This work gave AE2S insight into the cost of water rights and the high costs that the City will face for water supply and distribution as it continues to grow at a rapid pace. KEY PROJECT ELEMENTS • Capital Improvements Project Planning • CIP Prioritization Based on Risk • Future Water Demand Projections • Non-potable Irrigation Study • Drought Management Rate Structures DATE 2011-Present CLIENT City of Bozeman CLIENT CONTACTS Brian Heaston Project Engineer 406-582-2280 Craig Woolard Public Works Director 406-582-2273 2FIRM EXPERIENCE AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 2.3 CITY OF BOZEMAN PLANNING AND ENGINEERING PROJECT EXPERIENCE (CONT.) Distribution System Risk Assessment Response Plan (DSRARP) The DSRARP provided the City of Bozeman with a decision making tool for establishing appropriate condition assessment intervention, capital improvement planning and establishing a prioritizing methodology to maximize the use of available funding on an annual basis. The primary objective was to assist the City with optimizing prioritization of funding water main replacement projects so that the City uses its available budget in the most cost- effective manner possible. This work gave us additional insight into the City’s CIP funding process, which will be a major factor in the cost of service analysis. Water Facility Plan Update The water facility plan developed by the AE2S team addresses the many challenges facing the City, including rapid growth and the approaching large infrastructure improvements that will be necessary to accommodate growth while continuing to provide best-in-class service to existing customers. The team developed a unique CIP prioritization matrix to best balance available budgets with business risk and level of service goals, and delivered the tool to the City to enable staff to continually reevaluate and reprioritize CIP projects as needs dictate over the coming years. As a result, we understand the City’s critical needs as well as potential flexibility in the CIP depending on growth and existing system condition. This enhances our ability to assess the City’s cost of service and best design a rate structure to cover the City’s water infrastructure needs. Lyman Creek Water System Expansion The Lyman Creek Water System Expansion project was originally intended to increase Lyman spring’s yield, improve capture of the yield, and replace the existing reservoir and portions of the transmission pipeline. The project has since morphed to simply enabling better capture of existing yield. This was due to multiple factors, but in part due to the large cost of reservoir and transmission piping project. Lyman is one of many water resource projects that the City simply cannot afford to undertake at this time. The rate study must balance what is needed with what is affordable for Bozeman residents. Drought Management Plan The Drought Management Plan grew out of the IWRP, with the recognition that the City could be headed for a water supply gap, and that without water conservation, or with a significant drought, the gap would present sooner rather than later. The DMP outlines the City’s vulnerability to drought, describes ways to mitigate that vulnerability, provides water supply data consolidation for use in a new drought model, and lays out a drought response strategy for implementation. Part of the drought mitigation and response strategy hinges on the recommendation to implement conservation based rate structures or water shortage surcharges. AE2S provided an overview and examples of conservation-driven rate structures and/or drought surcharges, to enable the City to consider methods it may wish to utilize in the forthcoming rate study work. Bozeman, Montana “We are so thankful for all the hard work that the AE2S Team put into our draft recommendations. It was clear to everyone in our Engineering ground that this format and level of analysis will be the new standard moving forward. We can’t thank the AE2S Team enough for all the knowledge and experience they brought to the table. I am confident that the citizens of Bozeman will benefit for years to come!” -Jon Henderson, City of Bozeman GIS Manager 2FIRM EXPERIENCE AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 2.4 WATER AND WASTEWATER RATE STUDYBillings, Montana The City of Billings, MT provides water and wastewater service to tens of thousands of domestic and wholesale user accounts in the City and surrounding region. This service includes nearly 29,000 domestic accounts, treated water to the Water District of Billings Heights, and wholesale wastewater service to Lockwood Sanitary Sewer District and Phillips 66 Billings Refinery. In early 2014, the City of Billings first retained AE2S Nexus to update its existing water and wastewater rate models and recommended rates for the 2015 fiscal year. After a successful project, the City of Billings again retained AE2S Nexus in late 2014 to complete a comprehensive update to its water and wastewater cost of service rate models (as well as the System Development Fee) for the FY16 – FY17 KEY PROJECT ELEMENTS • Water and Wastewater Rate Updates • Conservation Rate Structure Development • Capital and Reserve Use Planning • Revenue Forecasting • Tiered User Classes DATE 2014-2017 CLIENT City of Billings CLIENT CONTACT Jennifer Duray, CPA Public Works Finance Manager 406-657-8239 period. The FY16-FY17 rate setting process allowed the City to take a deeper dive into the rate setting process and allowed for more flexibility to address new challenges. Through this process, one critical component that was addressed was how the City was to implement a new tiered, conservation rate structure for their water system. Our team developed a rate structure that balanced equitability and potentially fixed income customers with heavy water users. The new structure provided a range of tiers from base to penalty with potential ideas for additional future revisions based on user responses. Building on another successful project, the City again retained AE2S Nexus for the FY18-FY19 (as well as FY20-FY21) rate setting updates. New projects bring new challenges and new opportunities; as the City began seeing how users were responding to the new tiered water rate structure and with the groundbreaking of significant capital projects on the wastewater side, our team rolled up our sleeves and brought another tool to the City’s toolbox. Our use of a new probabilistic revenue forecasting tool on the water rate side provided insights into how water usage is continuing to change based on rates and system demands. In addition, it provided critical insights as we assisted the City with finding the balance between a sustainable reserve policy and meeting revenue sufficiency. As we continue our work with the City of Billings, we continue to look to integrate new and better tools and techniques to further their financial sustainability. 2FIRM EXPERIENCE AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 2.5 WATER & WASTEWATER FINANCIAL PLAN & RATE STRUCTURE STUDY Whitefish, Montana In May 2015, AE2S Nexus initiated a Water and Wastewater Financial Plan and Rate Structure Study for the City of Whitefish. This study involved completion of cost of service rate analyses for the Water and Wastewater Utilities, review and development of potential modifications to the existing rate structures, and forecasted revenue adequacy for both utilities. Due to the terrain in Whitefish, there are areas of the City that require extensive pumping, and are expensive to serve. The Utility has some of the most expensive rates in the region, in part due to long- standing City philosophy of subsidizing KEY PROJECT ELEMENTS • Evaluation and Utilization of Available Funding Sources • Cost of Service Rate Analyses • Forecasted Revenue Adequacy DATE 2015-2016 CLIENT City of Whitefish CLIENT CONTACT Dana Smith, CPA Finance Director 406-863-2405 irrigation water use. The study specifically developed recommendations for appropriate charges to the portions of the City where excessive pumping is required and for staged increases to gradually achieve full cost recovery for irrigation water use. Similar to the water system, the wastewater system is required to pump its wastewater multiple times, in some cases, in its collection of wastewater across the varied terrain to the wastewater treatment plant. This extensive pumping network translates to high wastewater rates when compared to others in the region. To meet requirements of its discharge permit, the City of Whitefish is also planning for a $20 million wastewater treatment plant project. As part of the revenue adequacy effort, funding scenarios were evaluated with respect to the costs associated with the new wastewater treatment facility. The City’s wastewater utility also serves a large resort located outside City limits. The study specifically addressed appropriate charges for the users located outside the system, as well as generated a multi-year plan to gradually increase rates to a level that would support the future wastewater treatment debt and meet associated coverage requirements. 2FIRM EXPERIENCE AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 2.6 WATER, SEWER, AND STORM DRAINAGE UTILITY RATE DESIGN STUDY AE2S Nexus has served the City of Eden Prairie with utility rate support since 2010, helping to provide consultation and advice as they looked to tackle the challenges they were facing. When first retained in 2010, the City was dealing with how to balance a period of growth and providing for the renewal and replacement of existing City assets. To complicate matters, the State of Minnesota was also implementing new and uncertain guidelines for conservation rate structures. Addressing these issues, we built on our history of engineering knowledge for our client to develop an innovative and tailored assest management and reserve policy as well as a new rate structure that met State guidelines and provided for revenue stability. After our initial study efforts were completed, AE2S Nexus reviewed and updated rates in 2013 and is again performing an update to utility rates with an increased eye to affordability and sustainability. Asset Management Approach Asset management concepts were used to develop a basis for proactive financial planning for utility rehabilitation and maintenance needs. To quantify CIP utility infrastructure reinvestment costs specific to each utility, the overall asset R&R costs for utility system infrastructure were estimated, the useful service life of each asset was determined, and various cost adjustment factors were applied to account for existing infrastructure age and likelihood of failure. Ultimately, a utility specific annual CIP reinvestment cost was determined for each of the utilities, which was then incorporated into the City’s reserve policies and capital spending projections. Rate Structure Development Although the rate structure at the time imposed a penalty for water use in excess of 150% of winter use, daily and hourly peak was were higher than desired. Based on an evaluation of administrative costs and benchmarking data for comparable utilities, modification to the fixed component of the water rate was recommended to yield higher revenue stability for the system. Based on typical water use requirements for vegetation in the region and the City’s desire to provide users with flexibility to have some control over charges by making changes to water use, a series of re-designed rate structure options were developed. Eden Prairie, Minnesota KEY PROJECT ELEMENTS • Asset Management Approach • Determination of Utility-Specific Annual CIP Investment Costs • Conservation Rate Design DATE 2010-Present (2017 Update)CLIENT City of Eden Prairie CLIENT CONTACT Sue Kotchevar Chief Financial Officer 952-949-8386 2FIRM EXPERIENCE AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 2.7 GRAND FORKS MULTI-YEAR INFRASTRUCTURE PLANNING AND FINANCIAL SERVICES Grand Forks, North Dakota Facing significant infrastructure needs in an approximately 10-year planning horizon for the City’s Water, Wastewater, and Stormwater Utilities, as well as impending significant rehabilitation and new capital projects relating to the City’s transportation infrastructure, the City of Grand Forks retained AE2S and AE2S Nexus to complete a Multi-year Infrastructure Planning and Financial Services project. The project was successful in technically and financially quantifying the needs of the City’s Water, Wastewater, and Stormwater Utilities, as well as the transportation infrastructure. As a first task, AE2S worked with the City to KEY PROJECT ELEMENTS • Water, Wastewater, and Stormwater Utilities • Operating Plan Development • Capital Plan Development • Comprehensive Rate Studies for Enterprise Funds DATE 2011-Present CLIENT City of Grand Forks CLIENT CONTACTS Todd Feland City Administrator 701-738-8747 Maureen Storstad Finance Director 701-787-3776 develop a prudent capital and operating plan to address identified needs for each infrastructure category. Potential revenue sources available to the City of Grand Forks were then identified based on the capital and operating plan and updated infrastructure financing policies. A revenue adequacy analysis for the purpose of determining the gap in available revenue compared to revenue requirements was then performed, taking into consideration each of the newly developed/refined CIPs and operating expense proformas, as well as the City’s existing revenue collection streams. Multiple scenario analyses were performed, considering the application of all identified and potentially available revenue sources to close the funding gap. The project culminated in making recommendations regarding the funding scenario that was most likely to accomplish the long-term financial objectives of the City for the infrastructure areas of consideration. Since the completion of the original study effort, AE2S has been working with the City of Grand Forks to update the utility financial models annually to maintain accurate financial planning forecasts and provide ongoing rate projections. 3PROPOSED TEAM AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 3.1 The Water and Wastewater Utility Rate Study is a critical project for the City. Founded on our understanding of your project needs and objectives, we have selected a team of our best financial and asset management experts for this project. This proven team has worked together helping numerous municipalities throughout the region to achieve their financial goals. An organizational chart is presented below showing how the team will interact with the City of Bozeman and each other. The following pages contain resumes key project team members and their specific roles. CITY OF BOZEMAN SHAWN GADDIE, PE Project Manager15% of total project 3 PROPOSED TEAM Proven Track Record = Continued Success Our team has a history of blending financial and engineering expertise and provides you with the following: • Extensive experience with Cost of Service Anaylsis, Impact Fees, and Municipal Financial Services - including helping Montana’s largest municipality (Billings) with cost of service based rate setting and the design and on-going evaluation of the City’s conservation rate structure. • Local presence and knowledge - Client Services Manager Scott Buecker is minutes away from your office and recently worked with the City on the Water Facility Plan Update, providing him with in-depth knowledge of your water utility. • A balance of both financial and engineering expertise, combined with perspective from having worked with municipalities and developers alike. This provides us with a big picture view that enables us to develop solutions that are fair and equitable. • Having worked with a number or growing Montana communities, we have a strong understanding of Montana financial statutes. SCOTT BUECKER, PE Client Services Manager6% of total project RYAN GRAF, MPA Lead Financial AnalystWater42% of total work MIRANDA KLEVEN, PELead Financial AnalystWastewater35% of total work *In-House Public Engagement Stafft Often communities struggle with the process of rolling out changes to rate structures and financial policies. Our team of communications experts regularly help with stakeholder and public engagement, as well as the communication of information such as rate changes. They are ready to jump in on this project should you desire. LANCE LEHIGH, PETechnical Support 1% of total work JACOB STROMBECK, PETechnical Support 1% of total work SUPPORT MARIA EFFERTZ HANSON*Communications Strategist 3PROPOSED TEAM AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 3.2 TASK ASSIGNMENTS Our Staff Assignment by Task is founded on our Project Approach. Our team expects a series of Progress Meetings conducted at milestones throughout the course of the work. Depending on the City’s preference, these meetings can be conducted via electronic meeting or phone. AE2S Nexus follows the approach outlined in the American Water Works Association M-1 Manual - Principles of Water Rates, Fees, and Charges and the Water Environment Federation Manual of Practice No. 27 – Financing and Charges for Wastewater Systems. BUECKER CLIENT SERVICES MANAGERGADDIE PROJECT MANAGERGRAF FINANCIAL ANALYST - WATERKLEVEN FINANCIAL ANALYST - WASTEWATERLEHIGH TECHNICAL SUPPORTSTROMBECK TECHNICAL SUPPORTEFFERTZ HANSON COMMUNICATIONS STRATEGISTTASK 1: PROJECT KICKOFF AND DATA REVIEW 1.1 Kickoff Meeting (On-Site)x x 1.2 Data Collection & Information Request x x x x x TASK 2: COST OF SERVICE ANALYSES 2.1 Client Updates & Coordination x x 2.2 System & User Profiling x x x x 2.2.1 Review Establish Test Year Budgets x x x 2.2.2 Establish and Refine Large User Characteristics x x x 2.3 COSA 2.3.1 Methodology Review x x x 2.3.2 Model Development x x x 2.3.3 Draft Review Meeting x x x x 2.4 Final COSA Model Development 2.4.1 Model Updates x x x 2.4.2 Results Review Meeting x x x x TASK 3: INTEGRATED FINANCIAL PLANNING 3.1 Client Updates & Coordination x x 3.2 Evaluate Conservation adn Drought Rate Options and Potential Effectiveness x x x x x x 3.3 Review Recommendations Regarding Capital Financing Policies and Procedures x x x 3.3.1 Capital Financial Modeling and Debt Related Revenue Requirements Evaluation x x x 3.4 Review Recommendations Regarding Reserve and Fiscal Policies x x x x continued on following page STAFF ASSIGNMENT BY TASK 3PROPOSED TEAM AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 3.3BUECKER CLIENT SERVICES MANAGERGADDIE PROJECT MANAGERGRAF FINANCIAL ANALYST - WATERKLEVEN FINANCIAL ANALYST - WASTEWATERLEHIGH TECHNICAL SUPPORTSTROMBECK TECHNICAL SUPPORTEFFERTZ HANSON COMMUNICATIONS STRATEGISTTASK 4: RATE DESIGN 4.1 Client Updates & Coordination x x 4.2 Rate Design x x x 4.2.1 Probabilistic Revenue Forecasting Evaluation x x 4.3 Review Meeting x x x x x x 4.4 Revenue Adequacy x x x 4.5 Rate Model Software Delivery & Training (On-site)x x TASK 5: DOCUMENTATION AND PRESENTATION 5.1 Documentation and Report Preparation x x x 5.2 Presentation to Council x x x 5.3 Supplemental Communications Support x 3PROPOSED TEAM AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 3.4 WHY SCOTT? Scott brings a successful history of delivery clients for the City of Bozeman. Scott will continue to deliver responsive service you are accustomed to. Scott Buecker, PE Client Services Manager EDUCATION Master of Science, Civil and Environmental Engineering, University of Wisconsin REGISTRATIONS Professional Engineer: Montana, California CONTACT & LOCATION Scott.Buecker@ae2s.com Bozeman, MT T: 406-219-2633 C: 406-570-5184 SPECIFIC RELEVANT EXPERIENCE • Water Facility Plan Update, Bozeman, MT - Project Manager. Facility Plan Update, including a water distribution system model update, fire flow analysis, pressure zone and pressure reduction study, water audit, CIP development, and a non-potable irrigation system study. (2015-present) • Lyman Creek Water System Expansion, Bozeman, MT - Project Manager. Preparation of a Preliminary Engineering Report to evaluate various alternatives to increase the capacity of the Lyman Creek water supply system and optimize overall infrastructure operations. (2015-present) • Drought Management Plan, Bozeman, MT - Project Manager. Development of a drought management plan including drought monitoring, vulnerability assessment, mitigation actions, response actions, and operational and administrative framework. (2016-2017) • Water and Wastewater Facility Plan, Belgrade, MT - Project Manager. Provided the City with an Integrated Water and Sewer Planning Study, which includes a rate study linking engineering, financing, and policy. The services will include preparation of a Preliminary Engineering Report addressing water and wastewater system needs, as well as general grant writing and related grant administration and management. The project also includes an analysis of water and wastewater impact fees. (2016-present) • Livingston WWRF Upgrade, Livingston, MT - Project Manager. Preliminary and final design, funding procurement assistance and Bid Services for upgrades to the City of Livingston’s 1.8 MGD WWRF. The upgrades include the addition of a second mechanical screen, replacement of the existing primary clarifiers, rotating biological contactors and secondary clarifiers with sequencing batch reactor technology, improvements to the existing UV disinfections system, and replacement of the existing anaerobic digester system with aerobic digestion. For this project, Scott was able to leverage his experience and tailor design documents to assist the City in securing additional outside grant funding and financing to save the City money in the long-run. (2016-present) Mr. Buecker is a wastewater and water process design and consulting engineer with over 17 years of experience in the water and wastewater treatment and conveyance industries. He has worked as a project manager, design manager, and senior project engineer. His experience spans permitting and funding procurement, facilities planning, conceptual and preliminary design, preparation of final plans and specifications, and construction management. He has prepared numerous treatability studies, treatment capacity analyses, treatment process and pumping optimization evaluations, hydraulic analyses, energy efficiency analyses, facility designs, treatment plant operations guides, O&M manuals, facility plans, preliminary design reports, and construction documents for a broad range of water and wastewater treatment projects. 3PROPOSED TEAM AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 3.5 Shawn Gaddie, PE Project Manager EDUCATION Bachelor of Science, Civil Engineering, North Dakota State University REGISTRATIONS Professional Engineer: North Dakota SEC Series 50 Municipal Advisor TRAINING AWWA Financial Management Training: Cost of Service Rate-Making CONTACT & LOCATION Shawn.Gaddie@ae2s.com Grand Forks, ND T: 701-746-8087 C: 701-866-3639 SPECIFIC RELEVANT EXPERIENCE • City of Billings Water and Wastewater Rate Study, Billings, MT - Project Manager. AE2S Nexus has performed Cost of Service and Revenue Adequacy updates for the City of Billings since 2014. As the City has grown, the complexity of the rate design has also increased, adding new wholesale users and identifying equitable methods of distributing costs. These updates have continued to refine and develop the City’s fiscal policies from how best to identify and assign costs to incorporating impact fee accounting into the overall process. (2014-present) • Whitefish Water and Wastewater Financial Plan and Rate Structure Study, Whitefish, MT - Project Manager. Faced with escalating costs to operate the City’s wastewater utility due to significant changes to nutrient discharge regulations in the State of Montana, the City of Whitefish retained the Services of AE2S Nexus to assist with the development of a multi-year financial plan for the utility. Specifically, the plan was developed to analyze the financial impacts to the City’s user base coinciding with the study of multiple wastewater treatment facility alternatives that were under consideration to address new numeric criteria for nitrogen and phosphorus removal. (2015-2017) • Sioux Falls Water and Water Reclamation Rate Planning, Sioux Falls, SD - Project Manager. On-going rate modeling and regional rate support. Specific tasks included Revenue Adequacy evaluations, State Revolving Fund debt management and surcharge calculations, regional rate support and associated contract development assistance, and industrial service evaluations. (2008-present) • Red River Valley Water Supply Project Financial Plan, Carrington, ND - Project Manager. Development of an overall financial plan for a supplemental water system for counties in Eastern North Dakota which includes the creation of a wholesale water supply utility. The financial plan includes many unique components including the development of comprehensive utility revenue requirements for the life of the project (capital, O&M, administrative, long-term project renewal, etc). The financial plan also includes a unique tiered cost allocation analysis to determine how users will benefit from their participation in the project based on supply need and their ease of access to project water. (2015- 2017) • Strategic Infrastructure Growth Financial Planning, Grand Forks, ND - Project Manager. The City of Grand Forks undertook a detailed analysis on how best to open up and access new development areas for both residential and industrial growth. Ryan supported the technical team’s findings on prime development areas with the financial considerations that help turn this type of planning into reality. (2015-2016) Mr. Gaddie is the Chief Executive Manager of AE2S Nexus. In addition to providing traditional water, wastewater, and stormwater professional engineering services, Shawn has spent a significant portion of his career focusing on infrastructure asset management and municipal and utility enterprise financial planning. Shawn has conducted multiple cost of service, rate design, and revenue adequacy analyses for a number of municipal utility enterprises throughout the region. WHY SHAWN? Shawn has the perfect combination of engineering expertise and financial acumen. He has led numerous projects throughout Montana and the Upper Midwest and he is excited to put that experience to work for you. 3PROPOSED TEAM AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 3.6 WHY RYAN? Ryan has strong financial analysis skills specific to water and wastewater systems, and attention to detail that ensures confidence in all aspects of your Rate Study. Ryan Graf, MPA Lead Financial Analyst - Water EDUCATION Master of Public Affairs, Public Finance and Policy Analysis, Indiana University; Bachelor of Arts, Political Science and French, University of North Dakota REGISTRATIONS SEC Series 50 Municipal Advisor TRAINING AWWA Financial Management Training: Cost of Service Rate- Making CONTACT & LOCATION Ryan.Graf@ae2s.com Grand Forks, ND T: 701-746-8087 C: 218-791-5847 SPECIFIC RELEVANT EXPERIENCE • Water Environment Federation Manual of Practice 27 - Co-Author. Forthcoming update to the WEF MOP-27 focused on ratemaking for wastewater utilities. As a co- author, Ryan assisted with updating and revising the chapter on Affordability to reflect changes in the industry over the last 15 years. (2017) • Utility Rate Study, Eden Prairie, MN - Financial Analyst. Project consisted of evaluating the City’s costs of providing irrigation services to customers throughout their system. Additionally, evaluated the revenue and expense structure of the water, sewer, and storm drainage utilities to determine the appropriateness of any rate changes. As a result of this effort, Eden Prairie revised its conservation rate structure for residential water usage. (2008-present) • City of Billings Water and Wastewater Rate Study, Billings, MT - Financial Analyst. AE2S Nexus has performed Cost of Service and Revenue Adequacy updates for the City of Billings since 2014. As the City has grown, the complexity of the rate design has also increased, adding new wholesale users and identifying equitable methods of distributing costs. These updates have continued to refine and develop the City’s fiscal policies from how best to identify and assign costs to incorporating impact fee accounting into the overall process. (2014-present) • City of Fargo Interconnection Cost of Service Analysis, Fargo, ND - Financial Analyst. As part of the initial feasibility studies into providing wholesale water and wastewater service to outside users, AE2S and AE2S Nexus evaluated both the engineering feasibility of interconnects to various outside users, as well as appropriate methods for charging for service. Through this process, AE2S Nexus established a utility-method COSA for the City to provide insights into various rate setting approaches. Ryan took the lead in establishing this new approach for the City of Fargo and introducing the concept of the utility-method approach. (2016) • Strategic Infrastructure Growth Financial Planning, Grand Forks, ND – Financial Analyst. The City of Grand Forks undertook a detailed analysis on how best to open up and access new development areas for both residential and industrial growth. Ryan supported the technical team’s findings on prime development areas with the financial considerations that help turn this type of planning into reality. While working hand-in-hand with City staff, Ryan helped identify additional City revenue streams that can be used to offset utility costs and develop funding policies that allow for predictability into the future. (2015-2016) Mr. Graf is a dedicated financial management consultant with experience in utility financial policies, utility rate studies and cost of service, financial impacts of asset management, funding programs, and regulatory considerations. He has over seven years of experience providing financial analysis and guidance for utility management, funding development, and regulatory compliance. Ryan has worked with municipal water, wastewater, stormwater, and solid waste utilities, and city administration for cities within populations ranging from as little as 500 people to as many as 165,000 people. 3PROPOSED TEAM AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 3.7 WHY MIRANDA? Miranda has completed numerous rate studies for municipalities throughout the region. Her wide range of experience will offer new perspectives and creative alternatives to achieve your goals. Miranda Kleven, PE Lead Financial Analyst - Water EDUCATION Bachelor of Science, Chemical Engineering, University of North Dakota REGISTRATIONS Professional Engineer: North Dakota Series 50 Qualified CONTACT & LOCATION Miranda.Kleven@ae2s.com Grand Forks, ND T: 701-746-8087 SPECIFIC RELEVANT EXPERIENCE • Whitefish Water and Wastewater Financial Plan and Rate Structure Study, Whitefish, MT - Financial Analyst. Faced with escalating costs to operate the City’s wastewater utility due to significant changes to nutrient discharge regulations in the State of Montana, the City of Whitefish retained the Services of AE2S Nexus to assist with the development of a multi-year financial plan for the utility. Specifically, the plan was developed to analyze the financial impacts to the City’s user base coinciding with the study of multiple wastewater treatment facility alternatives that were under consideration to address new numeric criteria for nitrogen and phosphorus removal. In addition, Miranda assisted the City with updating their approach to low-income rate assistance programs. (2015-2016) • Utility Rate Study, Eden Prairie, MN - Financial Analyst. Project consisted of evaluating the City’s costs of providing irrigation services to customers throughout their system. Additionally, evaluated the revenue and expense structure of the water, sewer, and storm drainage utilities to determine the appropriateness of any rate changes. As a result of this effort, Eden Prairie revised its conservation rate structure for residential water usage. (2008-present) • Water Rate Study, Watertown Municipal Utilities, Watertown, SD - Project Manager. This project consisted of, cost of Service Analysis, 5-Year Revenue Adequacy Study, and Rate Design to evaluate the existing rate structure to ensure rates are fair and equitable for all users, develop a rate plan for a financially self-sufficient water utility, and develop reserve funding strategies. One unique component of this project include how we implemented new fire protection rates city-wide. (2016-2017) • FY18-FY19 Water and Wastewater Rate Study, Billings, MT - Financial Analyst. Cost of service and rate design study for the City’s water and wastewater utilities. The AE2S Nexus Project team completed updates to water and wastewater cost of service-based rate models, and recommended an additional two years of rates for retail and resale water customers and retail and wholesale wastewater customers. (forthcoming) • Water and Sewer Utility Rate Study, Minot, ND - Financial Analyst. Miranda is currently wrapping up a cost-of-service and rate design study for the City of Minot that serves as a major overhaul to her annual review of their water and sewer rates. This analysis recommended a number of changes to the City’s policies and rates that will set it on a more sustainable path in light of needed capital improvements. (2017) As a lead financial analyst, Ms. Kleven routinely works closely with clients on financial issues as an extension of their staff. Her attention to detail, ability to work well with others, and emphasis on listening to and addressing client needs make her a valuable addition to the project team. Miranda has worked with municipal water, wastewater, stormwater, and solid waste utilities, as well as rural water systems, in the evaluation and implementation of fair and equitable cost of service-based rate structures and in the evaluation of revenue adequacy. As an active member of the AWWA, Miranda keeps apprised of the latest issues associated with utility rate setting as promoted by professional water industry organizations, such as the AWWA and WEF. 3PROPOSED TEAM AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 3.8 WHY LANCE? Lance’s work on the Bozeman Water Facility Plan Update translates to a unique understanding of your specific water infrastructure needs. Lance Lehigh, PE Technical Support EDUCATION Bachelor of Science, Civil Engineering Bio-Resource Option, Montana State University REGISTRATIONS Professional Engineer: Montana Certified Floodplain Manager FEMA: Benefit-Cost Analysis Certified CONTACT Lance.Lehigh@ae2s.com Bozeman, MT T: 406-219-2633 SPECIFIC RELEVANT EXPERIENCE • Water Facility Plan Update, Bozeman, MT - Project Engineer. Facility plan update, including a water distribution model update, fire flow analysis, pressure zone and pressure reduction study, water audit, CIP development and prioritization, and a non-potable irrigation system study. (2015-present) • Water System Master Plan Update, Kalispell, MT - Project Manager. Oversight and development of the Kalispell Water Facility Plan Update, including a water distribution system model update, fire flow analysis, storage evaluation, risk assessment (horizontal assets), and CIP development and prioritization. (2017) • Water Reclamation Facility Upgrade, Livingston, MT - Project Engineer. Preliminary and final design, funding procurement assistance and Bid Services for upgrades to the City of Livingston’s 1.8 MGD WWRF. The upgrades include the addition of a second mechanical screen, replacement of the existing primary clarifiers, rotating biological contactors and secondary clarifiers with sequencing batch reactor technology, improvements to the existing UV disinfections system, and replacement of the existing anaerobic digester system with aerobic digestion. (2016-present) • Stormwater Master Plan, Helena, MT - Project Manager. The project includes developing a new computer model of the existing stormwater system. Information from the City’s GIS database is being used, along with other public data bases, to delineate the drainage basins and develop the appropriate drainage parameters for each basin. (2016-present) • 5-Year Water System Capital Improvement Plan (CIP), Big Sky, MT - Project Engineer. CIP that includes a system-wide WaterGEMS hydraulic model to evaluate existing vs. proposed conditions, fire flow availability, pump station sizing, and operational enhancements. Recommendations and prioritizations developed from the aforementioned evaluations will help the client determine the best route for future system improvements. (2016-present) Mr. Lehigh has nine years of experience in civil and water resources engineering performing technical design, project management, and general consulting services. He has an extensive background in hydrology and hydraulics, including multi-day storm events and snowmelt model simulations, steady and unsteady state flow modeling, sediment and pollutant transport, and two-dimensional analyses. 3PROPOSED TEAM AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 3.9 EDUCATION Bachelor of Science, Civil Engineering,North Dakota State University; Master of Science, Civil/ Environmental Engineering North Dakota State University REGISTRATIONS Professional Engineer: North Dakota, Minnesota CONTACT Jacob.Strombeck@ae2s.com T: 701-364-9111 C: 701-866-3808 Jacob Strombeck, PE Technical Support Mr. Strombeck has eight years of experience with a variety of projects in the civil and environmental engineering field. In addition, he has provided rate analysis, financial planning and project development services for a variety of municipal and private clients in the region. His experience also includes planning, study, design, and construction administration services on both water- and wastewater-related projects. SPECIFIC RELEVANT EXPERIENCE • Red River Valley Water Supply Project Financial Plan, Carrington, ND - Project Engineer/Financial Analyst. Development of an overall financial plan for a supplemental water system for counties in Eastern North Dakota which includes the creation of a wholesale water supply utility. The financial plan includes many unique components including the development of comprehensive utility revenue requirements for the life of the project (capital, O&M, administrative, long-term project renewal, etc). The financial plan also includes a unique tiered cost allocation analysis to determine how users will benefit from their participation in the project based on supply need and their ease of access to project water. (2015-2017) • City of Fargo Interconnection Cost of Service Analysis, Fargo, ND - Project Manager. As part of the initial feasibility studies into providing wholesale water and wastewater service to outside users, AE2S and AE2S Nexus evaluated both the engineering feasibility of interconnects to various outside users, as well as appropriate methods for charging for service. Through this process, AE2S Nexus established a utility-method COSA for the City to provide insights into various rate setting approaches. (2016) • Fargo Storm Water Utility Fee Study, Fargo, ND - Project Engineer/Financial Analyst. Review of current stormwater utility fees and analysis of the cost assigned to stormwater, with an emphasis on system operation and maintenance.  Also included an update of the City’s existing stormwater management plan to be in compliance with MS4 permit and State Health Department requirements. (2017) • Water System Master Plan Update, Bozeman, MT - Project Manager. Facility Plan Update, including a water distribution system model update, fire flow analysis, pressure zone and pressure reduction study, water audit, CIP development, and a non-potable irrigation system study. (2015-present) • Drought Management Plan, Bozeman, MT - Project Manager. Development of a drought management plan including drought monitoring, vulnerability assessment, mitigation actions, response actions, and operational and administrative framework. (2016-2017) WHY JACOB? Jacob’s experience with utility rate studies combined with his engineering expertise will help ensure you receive rate studies that work from both a financial and a utility standpoint. 3PROPOSED TEAM AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 3.10 Maria Effertz Hanson Communications Strategist EDUCATION Masters Degree, Management, University of Mary Bachelor of Arts, Public Relations; Bachelor of Arts, Political Science, University of North Dakota CONTACT Maria.EffertzHanson@AE2S.com T: 701-500-1206 SPECIFIC RELEVANT EXPERIENCE • Water and Wastewater Rate Study, Billings, MT - Communications Strategist. Developed communications tools for the Billings Utility Department to educate the general public on planned rate increases. These tools included press releases, web page data and information, messaging and talking points for city council members, and developing, analyzing and posting social media. (2017) • Program Management Services, Williston, ND - Communications Strategist. Maria currently manages the communications support and delivery for the City of Williston. Program deliverables include communication planning and implementation; presentation development and speech writing; media management; special initiatives including Infrastructure Sales Tax Renewal vote and committee support; State of the City address; and new airport construction communication planning. (2017) • Western Area Water Supply Authority (WAWSA), Williston, ND - Communications Strategist. Supported communications services and public education for ongoing project development and construction of the system expansion. Project management includes social media posts and monitoring, newsletter story writing, and traditional media analysis. (2017) • External Relations – Hess Corporation. Directed and supported the communications, community relations, social investment and local government relations of the Hess Corporation’s plant in Tioga, ND. Maria supported the general manager in through a variety of non-traditional projects in risk analysis, strategic development, Succeed 2020 (major corporate education program), stakeholder relations, and local media outreach where she served spokesperson for local events and directed public relations programs. (2014-2017) • Black Butte Communications and Consulting, Velva, ND - Owner. Maria currently operates a consulting company specializing in community and economic development with an emphasis on rural areas, small business and grant writing. Clients include McHenry County Jobs Development Authority, school districts, and small organizations. (2008-present) • Congressman Rick Berg (ND) - Regional Director. Managed the daily activities of the Minot headquarters and constituent services in the western North Dakota region. Maria coordinated activities with the state director, staff members and local communities, as well as supported energy, grant writing, housing, and economic development efforts. (2013) Maria has over 20 years of experience in strategic communications, government affairs, and community development in a range of industries. She has a deep rooted understanding of infrastructure development issues in growing communities and rural areas as well as communicating those needs to legislative, funding, and regulatory bodies. Additionally, in her time in the energy industry, Maria was called upon to provide extensive community outreach and media relations as well as craft crisis communication strategies with local and corporate teams. WHY MARIA? Maria has over 20 years of experience specializing in communications. She works with local and federal governments, communities and the media to provide the right perspective at just the right time. 4REFERENCES AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 4.1 4 A good client/consultant relationship is often described by words such as trust, responsiveness, quality, and loyalty. We strive to develop exceptional client/ consultant relationships which go beyond the norm by adding the value of knowing that your consultants are an extension of your staff, devoted to the success of your public utilities as a whole. We believe that exceptional relationships are the true measure of client satisfaction. We have presented a few key references on this page, as well as in our related experience section. We invite you to contact them, or any of the other client contacts to learn more about working with AE2S. REFERENCES DANA SMITH, CPA Assistant City Manager/Finance Director City of Whitefish, MT 406-863-2405 dsmith@cityofwhitefish.org JENNIFER DURAY, CPA Public Works Finance Manager City of Billings, MT 406-657-8239 durayj@ci.billings.mt.us DIANE EAGLESON Finance Officer City of Belgrade, MT 406-388-3760 deagleson@cityofbelgrade.net TODD FELAND City Administrator City of Grand Forks, ND 701-787-3750 tfeland@grandforksgov.com BRUCE GRUBB City Administrator City of Fargo, ND 701-241-1310 bgrubb@cityoffargo.com DAVID TUAN City Administrator City of Williston, ND 701-577-6368 davidt@ci.williston.nd.us “AE2S Nexus staff were all professional, exceptionally thorough, and worked closely with City staff throughout the project. They were able to provide the City with a vital tool for us to use both now and in the future for financial planning for our water and wastewater utilities.” - Dana Smith, CPA, Finance Director City of Whitefish, MT 4REFERENCES AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 4.2 CURRENT CLIENTS JURISDICTION NAME CONTACT NAME PHONE NUMBER LENGTH OF ENGAGEMENT (YEARS) City of Billings, MT Jennifer Duray, Public Works Finance Manager 406-657-8239 3 City of Belgrage, MT Diane Eagleson,Finance Officer 406-388-3760 1 City of Eagle Lake, MN Brad Potter,City Administrator 507-257-3218 3 City of Eden Prairie, MN Sue Kotchevar, Finance Manager 952-949-8300 8 City of Fargo, ND Bruce Grubb, City Administrator 701-241-1310 11 City of Fosston, MN Chuck Lucken,City Administrator 218-435-1959 2 City of Grand Forks, ND Todd Feland, City Administrator 701-787-3750 26 City of Jamestown, ND Jeff Fuchs, City Administrator 701-252-5900 11 City of Killdeer, ND Dawn Marquardt,City Administrator/Auditor 701-764-5295 7 City of Minot, ND Penny Johnson, CPACity Treasurer 701-857-4771 10 City of Saint Cloud, MN Lisa Vollbrecht,Asst. Director of Public Facilities 320-255-7225 10 City of Sioux Falls, SD Trent Lubbers,Utility Operations Administrator 605-367-8604 13 City of Watford City, ND Penni Miller, Auditor 701-453-3641 5 City of Williston, ND David Tuan,City Administrator 701-577-6368 6 Grand Forks Region Economic Development Corporation Keith Lund, President and CEO 701-746-2720 2 Northeast Regional Water District Gordon Johnson,Manager 701-256-5125 3 Big Sioux CWS, Inc.Martin Jarrett,Manager 605-997-2098 1 5WORK SUMMARY AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 5.1 5 WORK SUMMARY It is our primary objective to help you meet your rate-planning and financial management objectives efficiently and effectively. To facilitate construction of a work plan designed to do just that, we have prepared a comprehensive Task List (see below). It should be noted that the scope of services can be further refined to include/exclude additional components. We want to put together the scope of work best suited to meet your needs, and would be happy to discuss the detailed scope with you. The discussion that follows provides an overview of the proposed Tasks. AE2S Nexus follows the recommended approach as outlined in the American Water Works Association M-1 Manual - Principles of Water Rates, Fees, and Charges and the Water Environment Federation Manual of Practice 27 - Financing and Charges for Wastewater Systems. PROJECT APPROACH TASKS Task 1: Project Kickoff and Data Review Task 2: Cost of Service Analysis (COSA) Task 3: Integrated Financial Policy & Planning Task 3a. Financial Implications of Conservation Task 3b. Capital Financing Policies and Procedures Task 3b. Reserve and Fiscal Policies Task 4: Rate Design Task 4a. Rate Structure Recommendations Task 4b. 5-Year Revenue Adequacy Task 4c. Alternative Revenue Forecasting (Other Fees & Charges) Task 5: Documentation & Presentation of Results 5WORK SUMMARY AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 5.2 Task 1 – Project Orientation and Kickoff Under this task, AE2S Nexus will perform project administration and monitoring, project planning, and scheduling. These activities include maintaining contact and liaison with City staff and internal project staff to ensure that the needs of the City are met in a timely manner. To kick off the project, we will develop a detailed information needs request for completion of the Study. In general, this request will include relevant water and wastewater system operational, capital, and financial data and established City policies. Upon receipt and review of the information, we will coordinate a study kickoff meeting. Depending on the City’s preference, this meeting can be conducted either via electronic meeting or our key financial team members will be available to travel to Bozeman. One goal of the kickoff meeting is to confirm the proposed approach and project schedule. Communications and review protocols will be confirmed and any questions related to the information request will be addressed at this time. Task 2 – Cost of Service Analysis A detailed Cost of Service Analysis (COSA) will provide the City with an understanding of the portion of the total systems costs that are attributable to each user class currently served by the water and wastewater systems. A COSA is an industry standard evaluation used to determine whether costs allocated to the various customer classes correspond to the level of service provided. The overall process includes incorporating proposed capital improvements, historic revenues and expenses, and base user profiles to create a representative test year. As we understand some of the critical issues serving users in the area, we will build our COSA model, and Test Year, to highlight the unique circumstances of how significant large users, like Montana State University, are served, as well as how the new growth areas may differ in service characteristics from the historic City. The Test Year is then used to model how both costs and revenues are realized and demonstrate equitability among user classes, a critical aspect to maintaining compliance with State law. AE2S Nexus will work closely with you to determine the most appropriate approach for your circumstances. In the case of Bozeman, how conservation is represented in the Test Year is critical to providing a comprehensive product. As a result, the analysis will incorporate a conservation approach further outlined in Task 3. With an established “Test Year” budget, the industry standard COSA typically consists of a three step procedure of 1) Functionalization, 2) Classification, and 3) Allocation to assign utility costs across customer classes to support equitable and defendable utility rates, equal to the cost of service provided. Another key consideration in the performance of the COSA is determining whether to perform the analysis on a “Cash” or “Utility” basis. This decision is often dependent upon the specific goals of the City as it relates to the charges established for outside City water and wastewater customers. We have extensive experience in both methodologies and will work with the City to determine the most appropriate approach. Upon completion of a draft Cost of Service Analysis, a Progress Meeting to review the results will be conducted. 5WORK SUMMARY AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 5.3 Task 3 – Integrated Financial Planning As we evaluated the specific items identified in the RFP from the City, and based on our knowledge from previous projects with the City, a key theme emerged: Smart Utility Financial Planning. This theme was woven throughout all tasks of the RFP. We recognized this in how the City requested specific consideration in the analysis regarding growth forecasts and impact fees. We also saw this in the stated requirement that the rate structure must account for the nuances of how users are served and how conservation planning and issues around water rights play an important role. Lastly, this theme was apparent in how the City requested specific advice on how to set policy and establish appropriate precedent moving forward. To better serve you, we will dedicate time to helping you frame and think through these issues so you have a consistent and practical approach to your financial planning process, an approach that reflects how you, as a community, want to serve your existing customers, as well as plan for new customers on your system. The final plan will provide the necessary flexibility and tools required to maintain a best-in-class utility for years to come. This task will look in-depth at three key issues: As we look to integrate water conservation and water supply, we understand that people’s habits may change in response to both positive and negative outside factors. One example of a positive factor would be programs that provide free or reduced cost low- flow fixtures to replace existing fixtures and lower water use (similar to the City’s existing program). Alternatively, price increases are often seen as a negative factor. There are many other measures that can be used to help craft water conservation and supply plans that take into account the utility as a whole and provide options for consumers. Our background understanding means that we can start to build a long- term plan for the City that will effectively identify goals for water conservation in light of both the growth the City is experiencing and the capital planning process. As this is incorporated in the rate study, our primary focus will be on how rates will impact this planning. We will provide multiple scenarios to demonstrate what the potential effects of pricing are on usage and the subsequent effect on capital planning. Capital Financing and Long- Term Capital Planning: As the City has traditionally avoided debt service for utility capital infrastructure, many staff may not be intimately familiar with the process or nuances of incorporating it into long-term capital and rate planning. As registered Municipal Advisors, our team has the experience and knowledge to guide you through the process and avoid pitfalls. We can explain the types of financing available and provide the background information necessary to really understand how financing projects can benefit generational equity and the utility as a whole. While every issuance is a unique circumstance, we will outline the commonalities with debt issuance and allow the City to frame out a style of funding projects that fits with governance style. We will codify this into a policy that will then be applied throughout the remainder of the study to set forth a sustainable long-term capital plan. Better Understanding, Better Planning: Our work on the recently adopted Drought Management Plan shows the current water supply forecast cannot sustain growth in the City at existing per capita water use. This means action must be taken to ensure the City is properly positioned to continue to grow and prosper. How can the City integrate conservation and water supply planning into its rate structure? What is the best way to integrate financing into long-term capital planning? What are appropriate reserves for system renewal and replacement and what other practical steps should the community take for a sustainable utility? 5WORK SUMMARY AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 5.4 Reserves and Reasonable Fiscal Policies: Related to debt financing for long-term capital improvements, this task will include providing recommendations and crafting policies that the City can use to develop replacement policies, set reserve levels, manage and track spending, and meet coverage or other covenants (on new bonds). As the City looks to finance capital improvements with debt, having well- defined fiscal policies can provide utility managers and City administrative staff with the baseline for tracking overall fiscal health and can help reduce the overall cost of borrowing when not using state-sponsored programs. Debt service isn’t the only consideration when setting reserves for a system. Often, repair and replacement of existing assets is a more pressing need to establish and fund reserves, but one that is quite a bit more complicated to determine. In consideration of reserve account funding, a desktop reserve funding analysis based on a comprehensive review of the City’s fixed asset database can be performed to determine how to appropriately balance capital spending and contributions to reserves considering system age, materials, size, and forecasted renewal rates. To forecast system renewal needs and associated revenue requirements, AE2S Nexus technical experts will develop a customized water and wastewater system renewal and replacement financial forecasting model based on statistical infrastructure failure rate distributions to evaluate appropriate annual budgetary amounts for contributions to reserves and rate funded capital. All of this will be conducted in a constructive manner with City staff. As industry experts, we will bring our knowledge and experience to your service and provide you with the information needed to make an informed decision. We will hold detailed meetings with City staff to get to the heart of your philosophy and issues and then provide recommendations with detailed rationale so you can make well-founded decisions. 5WORK SUMMARY AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 5.5 Task 4 – Rate Design The Rate Design task has two core components to it: 1) determining the rate structure as a whole reflects the approach the City wants to take to recouping costs from the variety of users on the system, and 2) ensuring the rates charged are sufficient to recoup all the costs to actually run a sustainable utility over the 5-year projection period. To evaluate the rate structure itself, the results of the COSA, which will identify what portions of the costs are caused by each user or user class, will provide a basis for determining appropriate methods for charging individual user classes. By seeing how they use the system, we will be able to pinpoint what type of charges (fixed monthly versus volumetric) make the most sense as a baseline approach. However, our approach will also take into consideration the variability that comes with water (and subsequent wastewater) use and the price elasticity that results in changes to consumption as costs change. This will be done through a probabilistic revenue forecasting model that takes into account historic weather data, as well as historic rates and rate structures to provide insights into the effects of conservation and the likelihood of meeting revenue targets. Once we have established a base rate scenario, we will work with the City to approach the question of affordability in the various rate structures. From our work as co-authors focused on Affordability in the latest updates to WEF’s MOP-27 to our work in Montana specifically assisting the City of Bozeman with updates to their low-income assistance program, we will bring this expertise to aid the City in identifying their priorities and the best ways to achieve them. A second Progress Meeting is anticipated to review and select preferred rate structure approaches for What is Probabilistic Revenue Forecasting? As the City of Bozeman takes the steps to really fine-tune your water and wastewater rates for a changing, growing community you are asking poignant and informed questions of your rate consultant. These are cross-cutting questions that will touch on every task as we look to incorporate conservation, changes to the rate structure, and consumer attitudes into a prudent rate structure. One of the key tools we will bring to this discussion is a probabilistic revenue forecasting model. This tool, originally developed by the Alliance for Water Efficiency (AWE) has proven invaluable as we incorporate it into our detailed rate studies by allowing new insights into how revenues may be realized and how water use may fluctuate over various time periods to allow policy makers to make informed decisions. incorporation into the Revenue Adequacy Evaluation. The next step of rate design will include developing a five-year revenue adequacy model that allows the City to see how rates and revenues may need to change over this time period in response to growth and system demands. We will develop a customized model that is comprehensive and tailored to the unique needs and circumstances surrounding the City. Revenue adequacy is really where the rubber meets the road, and much of the decision-making and development that has gone into a rate structure is put into practice. Throughout the revenue adequacy evaluation, we will bring the wide-ranging information from growth patterns and outside revenue streams to potential debt service and the desired rate structure and overlay the budget to see where rates need to be to have a healthy, sustainable utility. The graphic above represents a typical output from AWE sales forecasting and modeling. 5WORK SUMMARY AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 5.6 Specifically, the Revenue Adequacy evaluation will use revenue and revenue requirement (i.e., expense) projections to ensure sufficient revenue is generated to: 1. Provide revenue stability (particularly in light of conservation efforts); 2. Track on-going cash balances and ensure that reserve targets are met; and 3. Project debt service coverage requirements for any planned debt. As we dive into the Revenue Adequacy Evaluation, we will incorporate the projected revenue requirements for the most recent budget year for each system to be analyzed. Revenue Adequacy Evaluation = Detailed Review and Incorporation of:• Water and Wastewater System Operations and Maintenance (O&M) Budgets;• Capital Improvements Plans (CIPs);• The Cost of Water Supply and Conservation; and• Other On-Going Asset Management Considerations O&M escalation factors will be developed to provide a basis for the multi- year pro-forma of O&M expenses and future project financing considerations will be incorporated based on CIP scenario projections. These escalation factors will be adjusted based on historic budget increases for the utility as a whole, as well as specific line items. In addition to revenue requirements, revenue projections will be developed. We will incorporate growth and associated impact fees along with other non-rate revenue sources into the model. Baseline rate revenue projections will be developed based on projected meters and flow for the current year, with a multi-year pro-forma of future projections developed based on estimated user and flow growth. We will again look to integrate the Probabilistic Revenue Forecasting tool here to review that rates will likely be sufficient over the study horizon. Recommendations for reserve accounts and target funding levels identified under Task 3 will be utilized. A series of rate planning scenarios for both Water and Wastewater will be developed for review with City staff at a third Progress Meeting. These scenarios will be presented alongside data from the Annual Rate Survey to see how your rates compare with those of other Montana communities, as well as other comparable communities throughout the region. The Revenue Adequacy models are designed to be user-friendly. An annual revenue adequacy reconciliation tool will be developed and incorporated into the Revenue Adequacy model to streamline the annual rate model reconciliation process. This tool, along with the models themselves, will be provided to the City for its continued use. Task 5 – Study Finalization and Documentation At the conclusion of all outlined project evaluations, we will prepare a report to document final results and recommendations. The draft report will be submitted to City staff for review prior to finalization. In addition, we will prepare a presentation summarizing final results and recommendations from the Rate Study for presentation to the City Commission. A fifth Progress Meeting will be conducted at this point to review and finalize the presentation materials for City Commission. As final results are presented, the AE2S Nexus Project Team, including dedicated communications specialists, is prepared to support the City in a rate education campaign designed to engage the system users in an effort to gain their “buy-in” to necessary changes to utility rates and charges. This can be accomplished through public meetings, key stakeholder meetings, website content, and the possible incorporation of informational material with utility bills to help users understand the purpose and need for any proposed changes to water and wastewater rates. With the assistance of our on-staff communications experts, we will work with the City to identify the most appropriate communication initiatives for messaging the results of the Study. $0.00 $5.00 $10.00 $15.00 $20.00 $25.00 $30.00 $35.00 $40.00 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Water Wastewater CPI-U Index To support the rate-setting efforts across the region, we are proud to annually complete a survey of residential water, sewer, and stormwater charges for communities in Montana, Utah, South Dakota, North Dakota, Minnesota. Collection of this data on an annual basis allows us to provide a valuable tool to utilities across the region and to gain an understanding of rate practices for systems of various sizes in our part of the United States. 6WORK PLAN AND PROJECT SCHEDULE AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 6.1 6 WORK PLAN AND SCHEDULE Based on your specific project objectives, we have developed a customized schedule to meet your specific objectives for the Water and Wastewater Utility System Cost of Service and Rate Design Study. The schedule below shows how we plan to deliver a successful project for the City Commission to adopt in support of FY19 rate schedules. SEPT OCT NOV DEC JAN FEB MAR APR MAY JUNE TASK 1 PROJECT KICKOFF AND DATA REVIEW Kickoff Meeting Data Collection TASK 1 COMPLETE TASK 2 COST OF SERVICE STUDY Client Updates & Coordination System and User Profiling Preliminary COSA Model Development Draft Review Meeting Final COSA Model Development Results Review Meeting TASK 2 COMPLETE TASK 3 INTEGRATED FINANCIAL PLANNING Client Updates & Coordination Financial Implications of Conservation Capital Financing Policies and Procedures Reserve and Fiscal Policies Review Meeting TASK 3 COMPLETE TASK 4 RATE DESIGN Client Updates & Coordination Rate Design Draft Review Meeting Revenue Adequacy Rate Model Software Delivery and Training TASK 4 COMPLETE TASK 5 DOCUMENTATION AND PRESENTATION Documentation and Report Preparation Presentation to Council Supplemental Communication Support TASK 5 COMPLETE PROPOSED SCHEDULE As needed As needed Additional meetings can be scheduled as needed. 6WORK PLAN AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 6.2 Gaddie Kleven Graf Strombeck Buecker Lehigh Effertz Project  Manager Wastewater  Lead Water Lead Technical Advisor Client Manager Technical  Advisor Communications  Advisor Task 1   Project Kickoff and Data Review 15‐Sep‐17 30‐Sep‐17       1.1  Kickoff Meeting (On‐Site)12 2 14       1.2  Data Collection & Information Request 8 8 2 2 2 22 Task 1 Subtotal 12 8 8 2 4 2 0 36 Task 2 Cost of Service 20‐Sep‐17 15‐Nov‐17 2.1  Client Updates & Coordination 20‐Sep‐17 15‐Nov‐17 6 2 8 2.2   System & User Profiling 20‐Sep‐17 10‐Oct‐17 2 8 8 4 22 2.2.1  Review and Establish Test Year Budgets 20‐Sep‐17 10‐Oct‐17 2 20 20 42 2.3.1  Establish and Refine Large User Characteristics 20‐Sep‐17 10‐Oct‐17 1 4 4 9 2.3  Preliminary COSA Model Development 1‐Oct‐17 1‐Nov‐17 2.3.1  Methodology Review 1‐Oct‐17 1‐Nov‐17 2 6 6 14 2.3.2  Model Development 1‐Oct‐17 1‐Nov‐17 2 60 60 122 2.3.3  Draft Review Meeting 1‐Nov‐17 15‐Nov‐17 2 2 2 2 8 2.4  Final COSA Model Development 1‐Nov‐17 15‐Nov‐17 2.4.1 Model Updates 1‐Nov‐17 15‐Nov‐17 1 8 8 17 2.4.2 Results Review Meeting 15‐Nov‐17 30‐Nov‐17 2 2 2 2 8 Task 2 Subtotal 20 110 110 0 10 0 0 250 Task 3 Integrated Financial Planning 15‐Nov‐17 31‐Jan‐18 3.1  Client Updates & Coordination 15‐Nov‐17 15‐Jan‐18 8 2 103.2  Financial Implications of Conservation 15‐Nov‐17 15‐Jan‐18 8 16 16 8 4 8 603.3  Capital Financing Policies and Procedures 15‐Nov‐17 15‐Jan‐18 4 24 4 323.3.1  Capital Financial Modeling and Revenue Requirements Evaluation 15‐Nov‐17 15‐Jan‐18 2 12 4 183.4  Reserve and Fiscal Policies 15‐Jan‐18 31‐Jan‐18 2 12 12 2 283.5  Review Meeting 15‐Jan‐18 31‐Jan‐18 2 2 2 2 8Task 3 Subtotal 26 30 66 8 18 8 0 156 Task 4  Rate Design 15‐Jan‐18 30‐Mar‐18 4.1 Client Updates & Coordination 15‐Jan‐18 30‐Mar‐18 8 2 10 4.2  Rate Design 15‐Jan‐18 15‐Feb‐18 12 32 20 64 4.2.1  Probabilistic Revenue Forecasting Evaluation 15‐Jan‐18 15‐Feb‐18 12 12 24 4.3  Review Meeting 15‐Feb‐18 28‐Feb‐18 2 2 2 2 2 2 12 4.4  Revenue Adequacy 15‐Feb‐18 15‐Mar‐18 4 60 60 124 4.5 Rate Model Software Delivery & Training (On‐Site)15‐Mar‐18 30‐Mar‐18 16 16 32 Task 4 Subtotal 42 106 110 2 4 2 0 266 Task 5  Documentation and Presentation 1‐Apr‐18 As Needed 5.1  Documentation and Report Preparation 1‐Apr‐18 15‐May‐18 12 32 32 76 5.2 Presentation to Council 15‐May‐18 31‐May‐18 12 12 2 26 5.3 Supplemental Communications Support 1‐Apr‐18 As Needed 40 40 Task 5 Subtotal 24 32 44 0 2 0 40 142 TOTAL PROJECT HOURS/EXPENSES 124 286 338 12 38 12 40 850 Task Description Budget Hours (All  Labor Categories)Start Date End Date WORK PLAN 7CITY-FURNISHED DOCUMENTATION AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 71 CITY-FURNISHED DOCUMENTATION 7 Collaboration with the City and getting at the heart of the data needed for this study is critical. Without having quality, representative information the end result will not be representative of the community. Our approach to ensuring we have the right concept and the right information hinges on collaboration with the City. Through our initial task, we will work with the City to verify our initial approach and dive deep into the demographic, technical, and financial information needed for this effort. We understand that not every study will have all of the information readily available; as a result, we tailor our information needs to find the right information to deliver the right work product without burdening City staff with hours of effort. We also recognize that much of the information we need will be available without City effort as you take pride in providing open governance and publishing financial information on your website. We will review the sample information request provided and look to keep overall staff time needed to fulfill this request to under 8 hours. 7CITY-FURNISHED DOCUMENTATION AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 72 City of Bozeman, MT Water and Wastewater Rate Study Sample Request for Information □ Water System Data □ Billing Data (volume) for each month over the last five years and current year to date, by User Class o By Class and Meter size, if available o By inside and outside users (if applicable) o Identify separately special users whose peak water use occurs during the winter □ Daily production and pumping data for the past five years and year to date, if available □ Actual average and peak day treated production values for the past five years, if available □ Water system design criteria o Treatment peak day o Distribution/Storage/Pumping peak day and peak hour □ Miles of distribution system pipe, by size (diameter) □ Information regarding size of pipe (diameter) considered transmission versus distribution (i.e., 12” and below is distribution, greater than 12” is transmission) □ Information related to pumping system (pump sizes and locations), storage (volume and locations), and pressure zones (please provide a map if available) □ Information indicating how water moves through the system (may have to obtain this through discussions with engineering or operations staff) □ Information (please provide a map if available) related to connection points for large wholesale and outside users □ Information related to any planned changes in operations/capacity of the existing water system in the next five years, if applica- ble □ Information related to historical peak day and peak hour demands for each user class, if available □ Contract/service agreements with any users (outside or special user class), if applicable □ Wastewater System Data □ Billing Data (volume) for the last five years and current year to date, by User Class, if different from water billing data o By Class o By inside and outside users □ Daily pumping and treatment volumes for the past five years and year to date, if available □ Average design criteria for the system □ Peak use of system & System Design Capacities □ Miles and size (diameter) of collection system pipe, listed separately (if available): o Forcemain o Gravity pipe □ Locations and capacities of pump/lift stations (map) □ Any mapping or available data related to infrastructure dedicated to serve outside system users □ If the City has an industrial pretreatment program (IPP), please provide information (responsibilities of IPP staff, such as sampling/testing/monitoring Significant Industrial Users, minor users, commercial users, etc), including associated rates and charges to users subject to IPP □ List of Significant Industrial Users or other users subject to IPP regulation or monitoring □ City of Bozeman permit from the State of MT for wastewater treatment process, if applicable □ Actual flow, BOD, and TSS load by class for the past five years and current year to date o By user class, if available □ Permits between the City and any industrial users, if applicable □ Detailed flow and loading information on any significant industrial wastewater users □ Contract/service agreements with any outside users, if applicable 7CITY-FURNISHED DOCUMENTATION AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL 73 □ Economic/Financial Data □ Assumed meter growth rate for all customer classes individual classes (residential, commercial, and industrial) □ Population growth projections, if available, and information related to potential new major users □ Operating budgets and year to date actuals for Water and Wastewater (past five years and year to date) □ Operating and non-operating revenue totals Water and Wastewater for the past five years, if available o Rate revenues by user class □ Note anticipated changes in Water or Wastewater non-operating revenues, if applicable □ Preliminary Water and Wastewater operating budgets for the next fiscal year □ Information related to an extraordinary Water or Wastewater expenses anticipated for the next two fiscal years (additional staff, etc), if applicable □ Information regarding account balances for operating and reserve funds and targets □ Summary of existing debt and any new Water and Wastewater Debt schedules obtained in the past year or anticipated in the current year □ Information related to required debt service reserves target, balances, and coverage requirements □ Information related to funding of capital using revenues streams other than utility revenues, if applicable □ CAFR from previous fiscal year □ Copy of previous rate study, if available □ Capital Data □ Detailed information concerning planned Water and Wastewater capital improvements (CIP) □ Understanding of amount of donated or contributed capital from new development or anticipated bulk users, if any □ Information related to policy regarding contributed capital (upsizing, etc) □ List of assets, their age, condition and expected remaining life: o Original value o Expected Useful Life o Annual depreciation o Accumulated depreciation through prior fiscal year o Net fixed asset value □ List of capital expected to comprise net asset additions for current fiscal year/construction work in progress □ List of current year CIP items that will not be placed in service until the next fiscal year (will be work in progress at the close of current fiscal year) □ Documents/Policies related to capital funding practices for the City □ Customer/Billing Data □ Copy of current rate schedule for all users □ Number of accounts billed by month by user class for the last five years and year to date o Water – inside and outside City users  By meter size o Wastewater – inside and outside City users  By meter size □ Detailed usage information on the 10 largest water customers □ Customer billing costs (postage, bill issuance, etc.) □ Copy of current connection fees □ Copy of current Special Assessment or SDF/SDC/Impact Fee policy, if applicable AE2S CITY OF BOZEMAN WATER AND WASTEWATER UTILITY SYSTEM COST OF SERVICE & RATE DESIGN STUDY PROPOSAL ________________________________________________ [name of entity proposing] hereby affirms it will not discriminate on the basis of race, color, religion, creed, sex, age, marital status, national origin, or because of actual or perceived sexual orientation, gender identity, or disability and acknowledges and understands the eventual contract will contain a provision prohibiting discrimination as described above and this prohibition on discrimination shall apply to the hiring and treatments or proposer’s employees and to all subcontracts. Name and title of person authorized to sign on behalf of submitter Statement of Non-discrimination - Attachment 1 Advanced Engineering and Environmental Services, Inc. (AE2S) Shawn Gaddie, PE - Project Manager To best demonstrate the product you will receive by working with us, we’ve included similar successful project study deliverables for the City of Billings as an example. RETAIL WASTEWATER RATE STUDY FY18 and FY19 Billings, MT April 14, 2017 FINAL Attachment 2 - Examples of Recently Completed Rate Studies WASTEWATER WHOLESALE RATE STUDY FY18 and FY19 Billings, MT April 14, 2017 FINAL | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study ES-1 Executive Summary The City of Billings, Montana (City) provides municipal wastewater service to its citizens, businesses, and industries. In addition to this retail wastewater service, the City provides wholesale wastewater service to the Phillips 66 Refinery (P66) and the Lockwood Water and Sewer District (Lockwood). AE2S Nexus was retained to update the City’s wholesale rate model and to identify cost of service based rates for Fiscal Year 2018 (FY18) as well as Fiscal Year 2019 (FY19) for P66 and Lockwood. The analysis resulted in the recommended cost of service rates as outlined in table ES.1 and ES.2. Current FY18 FY19 Fixed, $/mo 22,901 8,026 20,555 Variable, $/ccf 0.919 0.861 0.882 Table ES.1: Proposed Lockwood Wastewater Rate Current FY18 FY19 Fixed, $/mo 10,609 5,033 11,292 Variable, $/ccf 0.556 0.610 0.624 Table ES.2: Proposed Phillips 66 Wastewater Rate | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 1-1 1.0 Introduction AE2S Nexus was retained by the City of Billings (City) to calculate wholesale wastewater rates for wholesale customers of the City’s wastewater system for Fiscal Year 2018 (FY18) and Fiscal Year 2019 (FY19), which begins July 1 and ends June 30. The two wholesale customers connected to the City’s wastewater system are Lockwood Water and Sewer District (Lockwood) and Phillips 66 Refinery (P66). The City’s wholesale rates are set by a comprehensive rate model based on standard industry rate setting methodology and practices using a Utility-Basis approach for calculating cost of service rates. For FY18, a majority of the rate modeling assumptions remained consistent with previous rate setting efforts for the wholesale customers. The rate model includes a significant capital expansion of the wastewater treatment facility with it being partially capitalized in 2018 and fully online by 2020. Changes to these assumptions are noted in appendix A. Contractual agreements between City and wholesale wastewater customers set a minimum 15 percent rate of return on equity. Consistent with these agreements, a 15 percent rate of return was utilized in the FY18 and FY19 rate model update for the establishment of capital related revenue requirements. This report provides additional details on the methodology used in determining the rate for wholesale wastewater customers and summarizes the following topics:  Wastewater system usage parameters (Section 2.0);  Projected revenue requirements and associated assumptions (Section 3.0);  Allocation of operating and capital-related revenue requirements (Section 4.0); and  Calculated costs of service by user class and recommended FY18 and FY19 wastewater rates (Section 5.0). | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 2-1 2.0 Customers and Usage The City owns and operates its wastewater treatment and conveyance facilities serving over 33,600 retail utility accounts across the City and outside city users. In addition to retail accounts, the City has contractual relationships with two wholesale users, P66 and Lockwood, to provide wastewater service. The customer makeup, volume of wastewater flow, and strength characteristics of the wastewater for these utility accounts in large part determines how costs are allocated across different user classes. Tables 2.1 and 2.2 show the projected utility accounts across the varying customer types and the associated equivalent meters for FY18 and FY19, respectively. The equivalent meter counts are shown on a 3/4-inch meter basis. Meter Size Residential Residential - Large Commercial - Domestic Commercial - High Public Buildings - Domestic Outside City Industrial Total 3/4-Inch 30,004 330 1,380 20 11 8 0 31,753 1-Inch 369 277 359 15 5 5 0 1,030 1-1/2-Inch 23 113 239 28 13 1 1 418 2-Inch 0 58 129 8 18 1 0 214 3-Inch 4 30 68 4 24 1 1 133 4-Inch 1 16 15 3 5 0 0 40 6-Inch 0 17 10 0 4 0 0 31 8-Inch 0 3 2 0 2 1 0 8 10-Inch 0 0 0 0 0 0 0 0 12-Inch 0 0 0 0 0 0 0 0 Total 30,401 844 2,202 78 82 17 2 33,627 Equivalent Meters 30,530 1,469 2,918 137 269 39 4 35,367 Table 2.1: FY18 Customer Accounts | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 2-2 Meter Size Residential Residential - Large Commercial - Domestic Commercial - High Public Buildings - Domestic Outside City Industrial Total 3/4-Inch 30,154 331 1,387 20 11 8 0 31,912 1-Inch 371 279 361 15 5 5 0 1,035 1-1/2-Inch 23 113 240 28 13 1 1 420 2-Inch 0 59 129 8 18 1 0 215 3-Inch 4 30 69 4 24 1 1 133 4-Inch 1 16 15 3 5 0 0 40 6-Inch 0 17 10 0 4 0 0 31 8-Inch 0 3 2 0 2 1 0 8 10-Inch 0 0 0 0 0 0 0 0 12-Inch 0 0 0 0 0 0 0 0 Total 30,553 848 2,213 79 82 17 2 33,794 Equivalent Meters 30,683 1,477 2,933 138 269 39 4 35,543 Table 2.2: FY19 Customer Accounts FY18 and FY19 flows by customer class are shown in Table 2.3. No BOD or TSS is presumed for Inflow/Infiltration (I/I). In calculating these flows, reserve capacity was established for Lockwood based on their agreement and no reserve capacity was set aside for P66. Concentrations and loadings by customer class are shown in Table 2.4 and Table 2.5. All customer account, customer flow, concentrations, and loadings are consistent with the Test Year assumptions made for the FY18-FY19 Wastewater Retail Rate model. | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 2-3 Fiscal Year 2018 Fiscal Year 2019 Customer Class Contributed Flow (MG) I/I (MG) Total (MG) Contributed Flow (MG) I/I (MG) Total (MG) Residential 1,494 806 2,300 1,501 806 2,307 Residential - Large 471 254 725 476 255 731 Commercial - Domestic 957 517 1,474 962 516 1,479 Commercial - High 104 56 160 105 56 161 Public Buildings - Domestic 66 36 102 67 36 103 Outside City 25 13 38 25 13 38 Lockwood 43 0 43 44 0 44 Lockwood Reserve 223 0 223 222 0 222 Industrial 13 7 21 13 7 21 Retail Reserve Capacity 4,108 0 4,108 4,089 0 4,089 Phillips 66 296 0 296 296 0 296 Total 7,800 1,690 9,490 7,800 1,690 9,490 Table 2.3: Annual Customer Flows Customer Class BOD – Capacity (mg/L) TSS – Capacity (mg/L) lbs. of BOD lbs. of TSS Residential 200 200 2,493,309 2,493,309 Residential – Large 200 200 785,901 785,901 Commercial - Domestic 200 200 1,598,077 1,598,077 Commercial - High 500 500 434,044 434,044 Public Buildings - Domestic 200 200 110,541 110,541 Outside City 200 200 41,355 41,355 Lockwood & Lockwood Reserve 178.2 99.2 395,179 219,987 Industrial 500 500 55,993 55,993 Retail Reserve Capacity 200 200 6,857,142 6,857,142 Phillips 66 13.7 66.7 33,797 164,546 Total 12,805,338 12,760,896 Table 2.4: FY18 Average Daily Concentrations (mg/L) and Calculated Annual Loadings (lbs) | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 2-4 Customer Class BOD - Capacity TSS - Capacity lbs. of BOD lbs. of TSS Residential 200 200 2,505,775 2,505,775 Residential – Large 200 200 793,760 793,760 Commercial - Domestic 200 200 1,606,067 1,606,067 Commercial - High 500 500 438,384 438,384 Public Buildings - Domestic 200 200 111,647 111,647 Outside City 200 200 41,769 41,769 Lockwood & Lockwood Reserve 178.2 99.2 395,179 219,987 Industrial 500 500 55,993 55,993 Retail Reserve Capacity 200 200 6,825,571 6,825,571 Phillips 66 13.7 66.7 33,797 164,546 Total 12,807,942 12,763,500 Table 2.5: FY19 Average Daily Concentrations (mg/L) and Calculated Annual Loadings (lbs) | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 3-1 3.0 Revenue Requirements Revenue requirements are defined as the amount of revenues required to fully fund operations and maintenance (O&M) requirements as well as capital-related expenses. Using the utility-basis for rate setting, capital-related expenses are calculated based on asset depreciation and on the established rate of return on capital assets. 3.1 Operations and Maintenance O&M is considered all expenses associated with the actual running of the wastewater collection and treatment system. O&M expenses include costs with operating the system as well as maintaining the collection and treatment system in good working order. Specific costs include administrative, billing and collections, electricity and chemical, part and supply, and compliance costs. While O&M expenses are a portion of total revenue requirements, all O&M expenses are not applied to revenue requirements. Non-rate revenue is subtracted from O&M expenses before they are applied to total revenue requirements needed from rates. Non-rate revenue includes sewer permits, sale of material/labor, miscellaneous revenue, collection bad debt, wastewater supply, franchise fee, and charge for services. Table 3.1 summarizes O&M expenses, non-rate revenues applied, and the resulting net O&M related revenue requirements. Consistent with previous analyses, wastewater treatment, and collection system costs are allocated on a 100 percent average annual flow (variable) basis. Environmental affairs costs were allocated as 50 percent average annual flow and 50 percent fixed meter basis. Customer costs are allocated on a 100 percent fixed meter basis. | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 3-2 Fiscal Year 2018 Fiscal Year 2019 Line Item Total Fixed Variable Total Fixed Variable Administrative $1,704,987 $1,704,987 $0 $1,756,520 $1,756,520 $0 Utility Commercial & Meter $654,440 $654,440 $0 $674,220 $674,220 $0 Wastewater Treatment $4,587,491 $0 $4,587,491 $4,726,148 $0 $4,868,996 Distribution & Collection $1,476,065 $0 $1,476,065 $1,520,679 $0 $1,566,642 Environmental Affairs $510,737 $255,369 $255,369 $526,174 $263,087 $263,087 O&M Total $8,933,720 $2,614,795 $6,318,925 $9,203,741 $2,693,827 $6,698,724 Less: Non-Rate O&M Revenue ($894,998) ($894,998) $0 ($922,049) ($922,049) $0 Total O&M Revenue Requirement $8,038,722 $1,719,798 $6,318,925 $8,281,693 $1,771,779 $6,698,724 Table 3.1: O&M Related Revenue Requirements | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 3-3 3.2 Capital Costs Consistent with the negotiated wholesale user agreements and based on industry standards, this wholesale rate analysis uses the utility-basis for calculating capital costs. Under this approach, capital costs are calculated by identifying the rate of return and then applying that rate of return to the net assets of the system (i.e., the undepreciated value of the system). Before any rate of return can be applied to the net assets of the system (or net system value), that net system value must be calculated. Often referred to as net plant in service (NPIS), the system value is determined by identifying the assets in service by the end of FY16 and then adding the assets expected to be placed in service by the end of FY17. The calculated FY18 NPIS totals $81.0 Million. The calculated FY19 NPIS totals $127.2 Million. The large increase from FY18 to FY19 is due to the addition of asset values for the new wastewater treatment expansion. Table 3.2 outlines the fixed assets and depreciation resulting in the current NPIS. Once identified, NPIS is then allocated across customer classes based on ownership and functional cost component. The methodology used to allocate ownership remains consistent with previous wholesale rate analyses for the City. P66 was allocated a portion of the treatment system assets consistent with P66’s proportional share of the overall flow and strength loading of the treatment system. Similarly, P66 was allocated a proportional share of the transmission system consistent with the assets used to convey wastewater from P66 to the WWTP. No portion of the treatment and collection system is dedicated to serve only P66 and, as a result, they are not solely allocated costs for any piece of infrastructure. For Lockwood, no sole proportion of the NPIS was identified, nor were any collection system related costs as they connect directly to the WWTP (near the headworks of the facility) through non-City assets. The allocation of capital requirements for Lockwood and P66 are shown in Table 3.3. The allocation of NPIS and depreciation is then used to calculate the utility-basis of capital costs for both. For this analysis, the rate of return is set at the established minimum of 15 percent for both P66 and Lockwood. Table 3.4 identifies the calculated capital costs. | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 3-4 FY18 Ratebase FY18 Depreciation FY19 Ratebase FY19 Depreciation Collection $40,010,662 $1,082,953 $48,838,909 $1,092,427 Trunks/ Interceptors $22,239,439 $692,999 $24,939,947 $692,905 Lift Stations $2,738,995 $86,883 $2,632,649 $86,867 Common Conveyance $575 $125 $575 $125 Preliminary Treatment $6,296,022 $216,871 $7,648,264 $216,849 Lab $87,280 $16,655 $85,391 $16,655 Primary Treatment $1,647,391 $109,959 $2,769,185 $109,961 Secondary Treatment $2,965,769 $336,319 $3,737,374 $336,310 Residuals $1,720,784 $288,786 $4,935,461 $288,807 Disinfection/Outfall $3,234,064 $155,115 $15,715,484 $155,215 Nitrification $0 $0 $15,879,971 $150 Customer $467 $65 $449 $65 Exclude From Ratebase $15,089 $8,899 $14,503 $8,899 Indirect $0 $0 $0 $0 $80,956,537 $2,995,628 $127,198,162 $3,005,234 Table 3.2: Fixed Assets and Depreciation by Functional Category Ownership FY18 Net Fixed Assets FY18 Depreciation Expense FY19 Net Fixed Assets FY19 Depreciation Expense Joint Retail $15,271,847 $1,080,513 $48,591,525 $1,080,749 Lockwood $416,498 $29,942 $1,416,377 $29,944 P66 $263,539 $13,376 $763,804 $13,378 Subtotal- Joint $15,951,884 $1,123,830 $50,771,705 $1,124,071 Retail Only $64,996,624 $1,871,548 $76,417,454 $1,880,913 Lockwood Only $0 $0 $0 $0 P66 Only $8,028 $250 $9,003 $250 Total $80,956,537 $2,995,628 $127,189,159 $3,004,984 Retail Subtotal $80,268,472 $2,952,061 $124,999,975 $2,961,412 Lockwood Subtotal $416,498 $29,942 $1,416,377 $29,944 P66 Subtotal $271,567 $13,626 $772,807 $13,628 Table 3.3: Allocation of Net Plant in Service and Depreciation Expenses | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 3-5 Lockwood P66 Total NPIS $416,498 $271,567 Additional Allowance for Working Capital $22,287 $14,532 Total Rate Base $438,785 $286,099 Rate of Return 15% Rate Base Capital Costs $65,818 $42,915 Depreciation Costs $29,942 $13,626 Total Wholesale Capital Costs $95,759 $56,541 Residual Owner Capital Costs $6,460,649 Table 3.4: FY18 Utility Basis Capital Costs Lockwood P66 Total NPIS $1,416,377 $772,807 Additional Allowance for Working Capital $24,484 $13,359 Total Rate Base $1,440,860 $786,166 Rate of Return 15% Rate Base Capital Costs $216,129 $117,925 Depreciation Costs $29,944 $13,628 Total Wholesale Capital Costs $246,073 $131,553 Residual Owner Capital Costs $7,805,875 Table 3.5: FY19 Utility Basis Capital Costs | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 3-6 3.3 Revenue Requirements As noted, total revenue requirements are the combination of O&M related expenses and capital related expenses. Table 3.6 and Table 3.7 detail the total revenue requirements by wholesale user and retail user. Ownership Operating Costs Capital Costs Total Retail $7,744,173 $6,460,649 $14,204,822 Lockwood & Lockwood Reserve $49,825 $95,759 $145,584 P66 $244,724 $56,541 $301,265 Total $8,038,722 $6,612,949 $14,651,671 Table 3.6: FY18 Revenue Requirements Ownership Operating Costs Capital Costs Total Retail $7,978,954 $7,805,875 $15,784,829 Lockwood & Lockwood Reserve $52,056 $246,073 $298,129 P66 $250,682 $131,553 $382,235 Total $8,281,693 $8,183,501 $16,465,194 Table 3.7: FY19 Revenue Requirements | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-1 4.0 Allocations 4.1 Customer Class Allocations In order to identify the cost of service for customer classes, the revenue requirements in Section 3 must first be allocated to the customer classes themselves. This analysis identifies three sets of customer service allocations: fixed O&M, variable O&M, and capital (to include depreciation and NPIS). The resulting allocations are based on, in part, how reserve capacity and I/I for the various user classes are allocated to overall costs. P66 is not allocated any reserve capacity or I/I. Lockwood is allocated reserve capacity, but not I/I. Flow percentages are based on the projected customer class wastewater flow compared to total projected flow. BOD and TSS percentages are based on the projected customer class specific loadings compared to the total projected loadings. 4.2 O&M Allocations In addition to allocating revenue requirements among customer class, O&M expenses must also be allocated along functional cost components. O&M costs are spread based on how flow-, BOD-, and TSS-related costs are incurred throughout the system. Table 4.1 and Table 4.2 outline the breakdown in allocation across these functional categories. | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-2 Line Item Total Flow-Capacity Flow-Use BOD-Use TSS-Use Collection $738,033 $0 $738,033 $0 $0 Trunks/ Interceptors/ Common Conveyance $444,296 $0 $444,296 $0 $0 Lift Stations $293,737 $0 $293,737 $0 $0 Preliminary Treatment $589,788 $67,196 $522,591 $0 $0 Lab $0 $0 $0 $0 $0 Primary Treatment $1,376,247 $0 $688,124 $344,062 $344,062 Secondary Treatment $1,376,247 $0 $688,124 $344,062 $344,062 Residuals $917,498 $0 $0 $467,924 $449,574 Effluent/ Outfall $458,749 $0 $458,749 $0 $0 Nitrification $0 $0 $0 $0 $0 Customer $1,844,128 $1,652,601 $119,830 $36,135 $35,561 Indirect $0 $0 $0 $0 $0 Total O&M Revenue Requirement $8,038,722 $1,719,798 $3,953,483 $1,192,183 $1,173,259 Table 4.1: FY18 O&M Cost by Functional Category | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-3 Line Item Total Flow-Capacity Flow-Use BOD-Use TSS-Use Collection $760,340 $0 $760,340 $0 $0 Trunks/ Interceptors/ Common Conveyance $457,724 $0 $457,724 $0 $0 Lift Stations $302,615 $0 $302,615 $0 $0 Preliminary Treatment $607,614 $69,227 $538,387 $0 $0 Lab $0 $0 $0 $0 $0 Primary Treatment $1,417,844 $0 $708,922 $354,461 $354,461 Secondary Treatment $1,417,844 $0 $708,922 $354,461 $354,461 Residuals $945,230 $0 $0 $482,067 $463,162 Effluent/ Outfall $472,615 $0 $472,615 $0 $0 Nitrification $0 $0 $0 $0 $0 Customer $1,899,866 $1,702,551 $123,452 $37,227 $36,636 Indirect $0 $0 $0 $0 $0 Total O&M Revenue Requirement $8,281,693 $1,771,779 $4,072,977 $1,228,216 $1,208,721 Table 4.2: FY19 O&M Cost by Functional Category | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-4 4.3 Capital Cost Allocations Like the allocation of O&M costs, NPIS capital costs must be allocated across the various cost components and the functional category as they relate to flow and strength. Table 4.3 and Table 4.4 outline the allocation of NPIS based on the functional components. Category Total Flow - Capacity BOD - Capacity TSS - Capacity Collection $40,018,121 $40,018,121 $0 $0 Trunks/ Interceptors/Common Conveyance $22,244,159 $22,244,159 $0 $0 Lift Stations $2,739,506 $2,739,506 $0 $0 Preliminary Treatment $6,297,195 $2,877,818 $894,202 $2,525,175 Lab $87,296 $0 $43,648 $43,648 Primary Treatment $1,647,698 $0 $785,952 $861,746 Secondary Treatment $2,966,322 $0 $2,966,322 $0 Residuals $1,721,104 $0 $877,763 $843,341 Effluent/ Outfall $3,234,667 $3,234,667 $0 $0 Nitrification $0 $0 $0 $0 Customer $467 $411 $32 $25 Indirect $0 $0 $0 $0 Total Fixed Asset $80,956,537 $71,114,682 $5,567,919 $4,273,935 Table 4.3: FY18 Allocation of Net Plant in Service by Functional Category | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-5 Category Total Flow - Capacity BOD - Capacity TSS - Capacity Collection $48,844,478 $48,844,478 $0 $0 Trunks/ Interceptors/Common Conveyance $24,943,366 $24,943,366 $0 $0 Lift Stations $2,632,950 $2,632,950 $0 $0 Preliminary Treatment $7,649,136 $3,495,655 $1,086,177 $3,067,304 Lab $85,401 $0 $42,700 $42,700 Primary Treatment $2,769,501 $0 $1,321,052 $1,448,449 Secondary Treatment $3,737,800 $0 $3,737,800 $0 Residuals $4,936,024 $0 $2,517,372 $2,418,652 Effluent/ Outfall $15,717,276 $15,717,276 $0 $0 Nitrification $15,881,782 $0 $15,881,782 $0 Customer $449 $338 $87 $25 Indirect $0 $0 $0 $0 Total Fixed Asset $127,198,162 $95,634,062 $24,586,971 $6,977,129 Table 4.4: FY19 Allocation of Net Plant in Service by Functional Category | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-6 Applying the rate of return to the NPIS results in capital costs associated with the current rate base. Table 4.5 and Table 4.6 outline these rate base capital costs (excluding depreciation) allocated across the same functional categories for FY18 and FY19, respectively. Flow - Capacity BOD - Capacity TSS - Capacity Total Collection $1,749,219 $0 $0 $1,749,219 Trunks / Interceptors / Common Conveyance $973,229 $0 $0 $973,229 Lift Stations $119,746 $0 $0 $119,746 Preliminary Treatment $145,423 $42,510 $119,074 $307,007 Lab $0 $2,075 $2,058 $4,133 Primary Treatment $0 $37,364 $40,635 $77,999 Secondary Treatment $0 $141,017 $0 $141,017 Residuals $0 $41,728 $39,768 $81,496 Effluent/ Outfall $163,455 $0 $0 $163,455 Nitrification $0 $0 $0 $0 Customer $18 $1 $1 $20 Indirect $0 $0 $0 $0 Total $3,151,088 $264,696 $201,536 $3,617,321 Table 4.5: FY18 Rate Base Capital Costs by Functional Category | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-7 Flow - Capacity BOD - Capacity TSS - Capacity Total Collection $1,892,768 $0 $0 $1,892,768 Trunks / Interceptors / Common Conveyance $967,607 $0 $0 $967,607 Lift Stations $102,029 $0 $0 $102,029 Preliminary Treatment $159,209 $46,231 $129,380 $334,820 Lab $0 $1,817 $1,801 $3,619 Primary Treatment $0 $56,228 $61,096 $117,324 Secondary Treatment $0 $159,093 $0 $159,093 Residuals $0 $107,148 $102,019 $209,167 Effluent/ Outfall $715,838 $0 $0 $715,838 Nitrification $0 $675,983 $0 $675,983 Customer $13 $3 $1 $17 Indirect $0 $0 $0 $0 Total $3,837,465 $1,046,505 $294,297 $5,178,267 Table 4.6: FY19 Rate Base Capital Costs by Functional Category | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-8 Total capital revenue requirements also include depreciation. Table 4.7 and Table 4.8 outline depreciation capital costs by functional category. Flow - Capacity BOD - Capacity TSS - Capacity Total Collection $1,087,351 $0 $0 $1,087,351 Trunks / Interceptors / Common Conveyance $695,569 $0 $0 $695,569 Lift Stations $87,184 $0 $0 $87,184 Preliminary Treatment $99,426 $30,894 $87,243 $217,563 Lab $0 $8,332 $8,332 $16,665 Primary Treatment $0 $52,537 $57,603 $110,140 Secondary Treatment $0 $336,645 $0 $336,645 Residuals $0 $147,377 $141,598 $288,975 Effluent/ Outfall $155,471 $0 $0 $155,471 Nitrification $0 $0 $0 $0 Customer $57 $4 $3 $65 Indirect $0 $0 $0 $0 Total $2,125,059 $575,790 $294,780 $2,995,628 Table 4.7: FY18 Depreciation Capital Costs by Functional Category | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-9 Flow - Capacity BOD - Capacity TSS - Capacity Total Collection $1,095,844 $0 $0 $1,095,844 Trunks / Interceptors / Common Conveyance $694,775 $0 $0 $694,775 Lift Stations $87,051 $0 $0 $87,051 Preliminary Treatment $99,345 $30,869 $87,171 $217,384 Lab $0 $8,330 $8,330 $16,661 Primary Treatment $0 $52,544 $57,611 $110,155 Secondary Treatment $0 $336,571 $0 $336,571 Residuals $0 $147,468 $141,684 $289,152 Effluent/ Outfall $156,315 $0 $0 $156,315 Nitrification $0 $1,261 $0 $1,261 Customer $49 $13 $4 $65 Indirect $0 $0 $0 $0 Total $2,133,379 $577,055 $294,800 $3,005,234 Table 4.8: FY19 Depreciation Capital Costs by Functional Category | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-10 The O&M, Capital, and Depreciation costs as they relate to Lockwood specifically are shown in Table 4.9 and Table 4.10. Flow - Capacity BOD - Capacity TSS - Capacity Flow - Use BOD - Use TSS - Use Total Collection $0 $0 $0 $0 $0 $0 $0 Trunks / Interceptors / Common Conveyance $6 $0 $0 $18 $0 $0 $24 Lift Stations $0 $0 $0 $0 $0 $0 $0 Preliminary Treatment $16,055 $5,310 $8,377 $6,449 $0 $0 $36,192 Lab $0 $470 $262 $0 $0 $0 $732 Primary Treatment $0 $5,451 $3,339 $8,492 $3,900 $2,132 $23,314 Secondary Treatment $0 $24,842 $0 $8,492 $3,900 $2,132 $39,367 Residuals $0 $8,825 $4,736 $0 $5,304 $2,786 $21,651 Effluent/ Outfall $18,643 $0 $0 $5,661 $0 $0 $24,304 Nitrification $0 $0 $0 $0 $0 $0 $0 Customer $0 $0 $0 $0 $0 $0 $0 Indirect $0 $0 $0 $0 $0 $0 $0 Total $34,704 $44,898 $16,715 $29,113 $13,104 $7,050 $145,584 Table 4.9: FY18 Lockwood Specific Costs by Functional Category | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-11 Flow - Capacity BOD - Capacity TSS - Capacity Flow - Use BOD - Use TSS - Use Total Collection $0 $0 $0 $0 $0 $0 $0 Trunks / Interceptors / Common Conveyance $6 $0 $0 $19 $0 $0 $25 Lift Stations $0 $0 $0 $0 $0 $0 $0 Preliminary Treatment $18,282 $6,063 $9,565 $6,739 $0 $0 $40,650 Lab $0 $458 $256 $0 $0 $0 $714 Primary Treatment $0 $7,837 $4,800 $8,874 $4,073 $2,227 $27,812 Secondary Treatment $0 $27,973 $0 $8,874 $4,073 $2,227 $43,147 Residuals $0 $16,395 $8,800 $0 $5,539 $2,910 $33,644 Effluent/ Outfall $71,452 $0 $0 $5,916 $0 $0 $77,368 Nitrification $0 $74,770 $0 $0 $0 $0 $74,770 Customer $0 $0 $0 $0 $0 $0 $0 Indirect $0 $0 $0 $0 $0 $0 $0 Total $89,740 $133,496 $23,421 $30,423 $13,685 $7,364 $298,129 Table 4.10: FY19 Lockwood Specific Costs by Functional Category | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-12 Finally, the O&M, Capital, and Depreciation costs as they relate to P66 specifically are shown in Table 4.11 and Table 4.12. Flow - Capacity BOD - Capacity TSS - Capacity Flow - Use BOD - Use TSS - Use Total Collection $0 $0 $0 $0 $0 $0 $0 Trunks / Interceptors / Common Conveyance $1,526 $0 $0 $286 $0 $0 $1,811 Lift Stations $0 $0 $0 $0 $0 $0 $0 Preliminary Treatment $21,406 $454 $6,266 $44,532 $0 $0 $72,658 Lab $0 $40 $196 $0 $0 $0 $236 Primary Treatment $0 $466 $2,497 $58,638 $2,070 $9,899 $73,570 Secondary Treatment $0 $2,125 $0 $58,638 $2,070 $9,899 $72,732 Residuals $0 $755 $3,543 $0 $2,816 $12,935 $20,048 Effluent/ Outfall $21,118 $0 $0 $39,092 $0 $0 $60,210 Nitrification $0 $0 $0 $0 $0 $0 $0 Customer $0 $0 $0 $0 $0 $0 $0 Indirect $0 $0 $0 $0 $0 $0 $0 Total $44,049 $3,840 $12,502 $201,185 $6,956 $32,733 $301,265 Table 4.11: FY18 P66 Specific Costs by Functional Category | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-13 Flow - Capacity BOD - Capacity TSS - Capacity Flow - Use BOD - Use TSS - Use Total Collection $0 $0 $0 $0 $0 $0 $0 Trunks / Interceptors / Common Conveyance $1,631 $0 $0 $294 $0 $0 $1,924 Lift Stations $0 $0 $0 $0 $0 $0 $0 Preliminary Treatment $24,000 $519 $7,154 $45,618 $0 $0 $77,291 Lab $0 $39 $191 $0 $0 $0 $231 Primary Treatment $0 $670 $3,591 $60,068 $2,120 $10,136 $76,584 Secondary Treatment $0 $2,392 $0 $60,068 $2,120 $10,136 $74,716 Residuals $0 $1,402 $6,582 $0 $2,883 $13,245 $24,111 Effluent/ Outfall $80,938 $0 $0 $40,045 $0 $0 $120,984 Nitrification $0 $6,395 $0 $0 $0 $0 $6,395 Customer $0 $0 $0 $0 $0 $0 $0 Indirect $0 $0 $0 $0 $0 $0 $0 Total $106,569 $11,417 $17,518 $206,092 $7,122 $33,517 $382,235 Table 4.12: FY19 P66 Specific Costs by Functional Category | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-14 4.4 Allocation of Total Revenue Requirements Wholesale rates are based on the total allocation of both O&M costs and capital costs. Table 4.13 and Table 4.14 outline this total allocation of revenue requirements. As not all customer classes incur these costs equally, Table 4.15 and Table 4.16 outline each customer classes’ share of functional cost components. Line Item Total Flow - Capacity BOD - Capacity TSS - Capacity Flow - Use BOD - Use TSS - Use Revenue Requirements O&M $8,038,722 $1,719,798 $0 $0 $3,953,483 $1,192,183 $1,173,259 Capital $6,612,949 $5,276,147 $840,486 $496,316 $0 $0 $0 Total $14,651,671 $7,022,077 $821,598 $489,072 $3,953,483 $1,192,183 $1,173,259 Table 4.13: FY18 Allocation of Total Revenue Requirements Line Item Total Flow - Capacity BOD - Capacity TSS - Capacity Flow - Use BOD - Use TSS - Use Revenue Requirements O&M $8,281,693 $1,771,779 $0 $0 $4,072,977 $1,228,216 $1,208,721 Capital $8,183,501 $5,970,844 $1,623,560 $589,098 $0 $0 $0 Total $16,465,194 $7,799,829 $1,592,639 $562,812 $4,072,977 $1,228,216 $1,208,721 Table 4.14: FY19 Allocation of Total Revenue Requirements | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-15 Customer Class Total Flow - Capacity BOD – Capacity TSS - Capacity Flow - Use BOD - Use TSS - Use Residential $5,240,174 $2,164,815 $159,504 $94,101 $1,779,867 $529,674 $512,213 Residential – Large $1,651,724 $682,358 $50,276 $29,661 $561,021 $166,955 $161,452 Commercial – Domestic $3,358,670 $1,387,530 $102,233 $60,314 $1,140,799 $339,492 $328,301 Commercial – High $500,205 $150,743 $27,767 $16,381 $123,938 $92,207 $89,168 Public Buildings – Domestic $232,324 $95,978 $7,072 $4,172 $78,911 $23,483 $22,709 Outside City $86,917 $35,907 $2,646 $1,561 $29,522 $8,785 $8,496 Lockwood & Lockwood Reserve $145,584 $34,704 $44,898 $16,715 $29,113 $13,104 $7,050 Industrial $38,882 $1,404 $3,579 $2,111 $9,125 $11,525 $11,138 Retail Reserve Capacity $3,095,926 $2,398,457 $438,671 $258,798 $0 $0 $0 Phillips 66 $301,265 $44,049 $3,840 $12,502 $201,185 $6,956 $32,733 Total Revenue Requirement $14,651,671 $6,995,945 $840,486 $496,316 $3,953,483 $1,192,183 $1,173,259 Table 4.15: FY18 Allocation of Functional Revenue Requirements to Customer Class | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 4-16 Customer Class Total Flow - Capacity BOD - Capacity TSS - Capacity Flow - Use BOD - Use TSS - Use Residential $5,656,307 $2,341,849 $299,312 $110,960 $1,832,099 $544,973 $527,115 Residential – Large $1,791,761 $741,832 $94,814 $35,149 $580,358 $172,632 $166,975 Commercial – Domestic $3,625,389 $1,500,999 $191,843 $71,119 $1,174,277 $349,298 $337,852 Commercial – High $551,430 $163,882 $52,365 $19,412 $128,210 $95,343 $92,219 Public Buildings – Domestic $252,021 $104,343 $13,336 $4,944 $81,631 $24,282 $23,486 Outside City $94,286 $39,037 $4,989 $1,850 $30,539 $9,084 $8,787 Lockwood & Lockwood Reserve $298,129 $89,740 $133,496 $23,421 $30,423 $13,685 $7,364 Industrial $44,153 $2,445 $6,680 $2,477 $9,348 $11,798 $11,405 Retail Reserve Capacity $3,769,482 $2,651,926 $815,307 $302,248 $0 $0 $0 Phillips 66 $382,235 $106,569 $11,417 $17,518 $206,092 $7,122 $33,517 Total Revenue Requirement $16,465,194 $7,742,622 $1,623,560 $589,098 $4,072,977 $1,228,216 $1,208,721 Table 4.16: FY19 Allocation of Functional Revenue Requirements to Customer Class | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 5-1 5.0 Costs by Class and Proposed Rates For FY18, the total revenue requirements attributable to wholesale users to be recovered through rates are $446,849. P66 is allocated $301,265 of these costs and Lockwood is allocated $145,584 of these. Table 5.1 shows these costs across the categories of fixed O&M, variable O&M, depreciation, and return on NPIS. For FY19, the total revenue requirements attributable to wholesale users to be recovered through rates are $680,364. P66 is allocated $382,235 of these costs and Lockwood is allocated $298,129. Table 5.2 shows these costs across the categories of fixed O&M, variable O&M, depreciation, and return on NPIS for FY19. Wholesale rates are set as a function of the total cost of serving these users with wastewater service. The rate is broken into both a fixed and variable component. Table 5.3 and Table 5.4 outline the proposed rates. Line Item Fixed O&M Variable O&M Depreciation Return Total Lockwood & Lockwood Reserve $558 $49,267 $29,942 $65,817 $145,584 Phillips 66 $3,850 $240,874 $13,626 $42,915 $301,265 Total $4,408 $290,141 $43,568 $108,732 $446,849 Table 5.1: FY18 Cost of Service Line Item Fixed O&M Variable O&M Depreciation Return Total Lockwood & Lockwood Reserve $584 $51,472 $29,944 $216,129 $298,129 Phillips 66 $3,952 $246,731 $13,628 $117,925 $382,235 Total $4,353 $298,203 $43,752 $334,054 $680,364 Table 5.2: FY19 Cost of Service | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study 5-2 Current FY18 FY19 Fixed, $/mo 22,901 8,026 20,555 Variable, $/ccf 0.919 0.861 0.882 Table 5.3: Proposed Lockwood Wastewater Rates Current FY18 FY19 Fixed, $/mo 10,609 5,033 11,292 Variable, $/ccf 0.556 0.610 0.624 Table 5.4: Proposed Phillips 66 Wastewater Rates | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study A-1 Appendix A: Customer Class Allocations Table A.1 & A.2 outline FY18 & FY19 Fixed O&M Cost of Service Characteristics by Owner/Non-Owner class. Split of Flow, BOD, and TSS are for O&M purposes are based on actual average annual flows and loadings. Retail reserve capacity is not used in O&M breakdowns. Customer Class Flow - Capacity BOD - Capacity TSS - Capacity Flow - Use BOD - Use TSS - Use Owners 93.44% 98.26% 96.50% 93.44% 98.87% 97.70% Lockwood 0.83% 1.13% 0.62% 0.83% 0.74% 0.41% Phillips 66 5.73% 0.60% 2.88% 5.73% 0.39% 1.89% Total 100% 100% 100% 100% 100% 100% Table A.1: FY18 Summary of Customer Service Characteristics, Fixed O&M Customer Class Flow - Capacity BOD - Capacity TSS - Capacity Flow - Use BOD - Use TSS - Use Residential 93.45% 98.25% 96.51% 93.45% 98.86% 97.70% Lockwood 0.84% 1.15% 0.63% 0.84% 0.75% 0.41% Phillips 66 5.71% 0.60% 2.86% 5.71% 0.39% 1.88% Total 100% 100% 100% 100% 100% 100% Table A.2: FY19 Summary of Customer Service Characteristics, Fixed O&M | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study A-2 Table A.3 and A.4 present FY18 & FY19 Variable Capital Cost of Service Characteristics by Owner/Non-Owner class. Split of Flow, BOD, and TSS are for O&M purposes are based on actual average annual flows and loadings. Customer Class Flow - Capacity BOD - Capacity TSS - Capacity Flow - Use BOD - Use TSS - Use Owner 90.24% 98.26% 96.50% 90.24% 98.26% 96.50% Lockwood 1.23% 1.13% 0.62% 1.23% 1.13% 0.62% Phillips 66 8.52% 0.60% 2.88% 8.52% 0.60% 2.88% Total 100% 100% 100% 100% 100% 100% Table A.3: FY18 Summary of Customer Service Characteristics, Variable O&M Customer Class Flow - Capacity BOD - Capacity TSS - Capacity Flow - Use BOD - Use TSS - Use Owner 90.28% 98.25% 96.51% 90.28% 98.25% 96.51% Lockwood 1.25% 1.15% 0.63% 1.25% 1.15% 0.63% Phillips 66 8.47% 0.60% 2.86% 8.47% 0.60% 2.86% Total 100% 100% 100% 100% 100% 100% Table A.4: FY19 Summary of Customer Service Characteristics, Variable O&M | City of Billings, Montana: FY18-FY19 Wholesale Wastewater Rate Study A-3 Table A.5 and A.6 present FY18 & FY19 Fixed Capital Cost of Service Characteristics by Owner/Non-Owner class. Split of Flow, BOD, and TSS are for O&M purposes are based on actual average annual flows and loadings. Reserve capacity are included in these capital allocations. Customer Class Flow - Capacity BOD - Capacity TSS - Capacity Flow - Use BOD - Use TSS - Use Owner 94.03% 96.65% 96.99% 94.09% 99.37% 98.70% Lockwood & Lockwood Reserve 2.80% 3.09% 1.72% 2.80% 0.41% 0.23% Phillips 66 3.17% 0.26% 1.29% 3.11% 0.22% 1.08% Total 100% 100% 100% 100% 100% 100% Table A.5: FY18 Summary of Customer Service Characteristics, Depreciation & Rate Base Customer Class Flow - Capacity BOD - Capacity TSS - Capacity Flow - Use BOD - Use TSS - Use Owner 94.03% 96.65% 96.99% 94.09% 99.36% 98.69% Lockwood & Lockwood Reserve 2.80% 3.09% 1.72% 2.80% 0.42% 0.23% Phillips 66 3.17% 0.26% 1.29% 3.11% 0.22% 1.08% Total 100% 100% 100% 100% 100% 100% Table A.6: FY19 Summary of Customer Service Characteristics, Depreciation & Rate Base RETAIL/RESALE WATER RATE STUDY Fiscal Years 2018 and 2019 Billings, MT April 14, 2017 FINAL | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study ES-1 Executive Summary The City of Billings, Montana calculates its water rates for retail and resale customers annually using a cost of service rate model developed specifically for its water system. The last rate analysis was completed in April 2015, at which time rates for FY16 and FY17 were set. In January 2017, the City retained AE2S Nexus to update its water rate model and develop recommendations for FY18 and FY19 water rates. This report summarizes the results of the analyses for FY18 and FY19, with detailed tables found in the Appendices. Based on the results of this study, the recommended monthly meter charges rates for FY18 and FY19 are shown in Table ES.1. To balance the overall need for a revenue increase between the fixed and volumetric rates, meter rate increases are recommended for both FY18 and FY19. The increases vary by meter sizes. The larger meter sizes are increasing at a higher rate than the smaller sizes due to the equivalent meter weighting factors. Tables ES.2 and ES.3 summarize the recommendations for Fire Protection charges for Owners (inside City users) and Non-Owners (outside City users), respectively. Table ES.1: Recommended FY18 and FY19 Meter Charges for Owners and Non-Owners Meter Size Inside City Recommended Rate FY18 Outside City Recommended Rate FY18 % Increase from FY17 Inside City Recommended Rate FY19 Outside City Recommended Rate FY19 % Increase from FY18 3/4” $8.15 8.75$ 1.9%8.15$ 8.75$ 0.0% 1” 9.15$ 10.00$ 1.6%9.15$ 10.00$ 0.0% 1-1/2” 10.80$ 11.75$ 3.3%10.80$ 11.75$ 0.0% 2” 15.30$ 16.65$ 6.2%15.30$ 16.65$ 0.0% 3” 46.10$ 50.10$ 5.8%48.50$ 52.70$ 5.2% 4” 57.80$ 62.80$ 6.3%60.80$ 66.05$ 5.2% 6” 85.05$ 92.45$ 6.9%89.45$ 97.20$ 5.2% 8” 116.20$ 126.35$ 7.2%122.20$ 132.85$ 5.2% 10” 179.80$ 195.40$ 7.6%189.05$ 205.45$ 5.1% | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study ES-2 Table ES.2: Recommended Annual Fire Protection Charges for Owners – FY18/FY19 Table ES.3: Recommended Annual Fire Protection Charges for Non-Owners – FY18/FY19 Table ES.4 presents the recommended volumetric rates for Single Family Residential users for FY18 and FY19. Due to projected operating cost increases in FY18, the calculated cost of service rates would increase at a faster pace than inflation. To provide for more gradual adjustments, it is recommended the City strategically utilize cash reserves to absorb a near-term revenue shortfall while phasing in required increases over the two-year period to minimize the effect on the users. Consistent with the approach taken in the previous analysis, rate increase percentages for Non-Owner Residential users are equal to the increases recommended for the Owner Single Family Residential user class in FY18 and FY19. Table ES.5 presents the recommended FY18 and FY19 volumetric rates for Non-Owner Single Family Residential accounts. Meter Size Inside City Current Rate FY17 ($/Year) Inside City Recommended Rate FY18 ($/Year) % Increase from FY17 Inside City Recommended Rate FY19 ($/Year) % Increase from FY18 1-1/4"23.35$ $24.40 $24.40 1-1/2"31.10$ $32.50 $32.50 2"49.80$ $52.05 $52.05 3"124.45$ $130.05 $130.05 4"217.75$ $227.55 $227.55 6"497.65$ $520.05 $520.05 8"870.90$ $910.10 $910.10 10"1,368.55$ $1,430.15 $1,430.15 12"1,970.75$ $2,059.45 $2,059.45 14"2,682.40$ $2,803.10 $2,803.10 4.5%0.0% Meter Size Outside City Current Rate FY17 ($/Year) Outside City Recommended Rate FY18 ($/Year) % Increase from FY17 Outside City Recommended Rate FY19 ($/Year) % Increase from FY18 1-1/4"23.65$ $24.70 $24.70 1-1/2"31.55$ $32.95 $32.95 2"50.45$ $52.70 $52.70 3"126.15$ $131.85 $131.85 4"220.75$ $230.70 $230.70 6"504.60$ $527.30 $527.30 8"883.00$ $922.75 $922.75 10"1,387.60$ $1,450.05 $1,450.05 12"1,998.15$ $2,088.05 $2,088.05 14"2,719.70$ $2,842.10 $2,842.10 4.5%0% | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study ES-3 Table ES.4: Recommended FY18 and FY19 Volumetric Charges for Owners Table ES.5: Recommended FY18 and FY19 Volumetric Charges for Non-Owners Table ES.6 summarizes the recommended non-residential volumetric rates for FY18 and FY19 for Owners and Non-Owners. For the Resale user class, it is recommended that the City continue its approach of charging the calculated cost of service rate, adopting the calculated FY18 and FY19 rates shown in Table ES.6. Table ES.6: Recommended Multi-Family and Non-Residential Volumetric Rates for Owners and Non-Owners – FY18 and FY19 Single Family Residential Current FY17 Rate ($/CCF) Recommended FY18 Rate ($/CCF) % Increase from FY17 Recommended FY19 Rate ($/CCF) % Increase from FY18 Tier 1 2.21$ 2.29$ 2.33$ Tier 2 2.65$ 2.74$ 2.80$ Tier 3 3.45$ 3.57$ 3.64$ Tier 4 5.18$ 5.36$ 5.47$ 3.5%2.0% Single Family Residential Current FY17 Rate ($/CCF) Recommended FY18 Rate ($/CCF) % Increase from FY17 Recommended FY19 Rate ($/CCF) % Increase from FY18 Tier 1 2.29$ 2.37$ 2.42$ Tier 2 2.75$ 2.85$ 2.90$ Tier 3 3.58$ 3.71$ 3.78$ Tier 4 5.37$ 5.56$ 5.67$ 3.5%2.0% Current FY17 Rate ($/CCF) Recommended FY18 Rate ($/CCF) % Increase from FY17 Recommended FY19 Rate ($/CCF) % Increase from FY18 Owners Multi-Family Residential 2.31$ 2.39$ 3.5%2.44$ 2.0% Non-Residential 2.00$ 2.06$ 3.0%2.10$ 2.0% Seasonal 3.18$ 3.29$ 3.5%3.41$ 3.5% Non-Owners Non-Residential 2.12$ 2.18$ 3.0%2.23$ 2.0% Resale 1.86$ 1.72$ -7.5%1.81$ 5.2% | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study ES-4 Table ES.7 summarizes the projected revenue adequacy of the Water Utility for FY18 and FY19 based on the recommended rates. As shown in Table ES.7, the adoption of rates for FY18 that are less than the calculated cost of service results in a projected revenue deficiency, however, as shown in Table ES.8, even with significant investment of reserve funds in capital projects in FY18, it is anticipated that utility reserves would be adequate to adsorb the projected revenue deficiency. At the recommended rates, projected revenues in FY19 are forecast to be adequate to meet revenue requirements given the current assumptions. In summary, under the projected water sales and given the current cash reserve balances, the recommended rates for FY18 and FY19 will present a stable near-term approach to rate-setting. Table ES.7: Summary of Net Cash-Based Rate Revenue Requirements – FY18 and FY19 Table ES.8: Projected Cash Reserve Balances – FY18 and FY19 FY18 FY19 Net Rate Revenue Requirements O&M-Related 10,823,132$ 11,098,907$ Capital-Related 13,599,356$ 13,460,386$ Net Rate Revenue Requirements 24,422,488$ 24,559,293$ Projected Rate Revenues Owners Residential 12,884,404$ 13,154,570$ Multi-Family 1,638,646$ 1,691,348$ Non-Residential 3,736,565$ 3,828,007$ Seasonal 1,741,973$ 1,820,052$ Fire Protection 347,505$ 347,505$ Non-Owners Residential 125,349$ 127,349$ Non-Residential 1,831,498$ 1,868,202$ Resale 1,648,874$ 1,752,477$ Fire Protection 14,278$ 14,278$ Total Projected Rate Revenue 23,969,093$ 24,603,789$ Projected Revenue Adequacy (453,395)$ 44,495$ 2017 2018 2019 Total Water Fund Balance 24,492,739$ 15,027,338$ 15,574,615$ O&M Reserve 3,401,617$ 3,535,632$ 3,621,956$ Debt Service Reserve 1,386,000$ 1,513,685$ 1,513,685$ Capital/Rate Stabilization Reserve 19,705,122$ 9,978,021$ 10,438,974$ | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study ES-5 Lastly, to assess the potential revenue stability risk to the City of Billings, a probabilistic revenue forecasting model was developed. The framework for the model was based on a publically available tool that was recently developed by the Alliance for Water Efficiency. The probabilistic revenue forecast completed was based on the stochastic evaluation of FY16 billing and weather data as compared to 17 years of historical weather data. The results of the revenue forecast resulted in the following conclusions as they related to total target FY18 rate revenues, excluding fire protection, from Table ES.7, of $23.6M. Table ES.9: Estimated Probability of Achieving Revenue at Varying Targets (FY18) Although the revenue forecasting model indicated that water sales adequate to meet target revenue of $23.6M are not forecast to be achieved at a high confidence interval, it should be noted that:  Given that the City’s O&M expenditures are typically less than budgeted (for the most recent three-year period the average was 89.7 percent), it is reasonable to assume for the purposes of the forecast modeling that total target revenue requirements for FY18 could be reduced by $1.3M with no anticipated net impact on cash position of the utility. If this were the case, total rate revenue requirements would be reduced to $22.3M.  With a target revenue of near $22M, there is nearly a 90 percent chance of generating sufficient revenues.  The City has adequate cash reserves that can be used to offset near-term revenue shortfalls should they occur. In summary, reducing water sales projections based solely on the outputs of the water sales forecasting from the model would require the City to implement increases in excess of those currently proposed, which does not seem prudent given the factors noted above. As long as the City continues its practice of evaluating rates at least once every two years and maintaining a healthy cash position, it appears that the maximum revenue shortfall as predicted by the forecasting model could be readily offset using existing cash reserves. | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 1-1 1.0 Introduction In January 2017, AE2S Nexus was retained by the City of Billings to update its water rate model and recommend Retail and Resale water rates for the 2018 Fiscal Year (FY18), which begins July 1, 2017 and ends June 30, 2018, as well as for FY19. The City has utilized a detailed and comprehensive rate-setting model for several years. The rate model utilized by the City of Billings was originally developed by a different utility rate consultant and was last updated by AE2S Nexus in early 2015 for the purpose of developing rates for FY16 and FY17. The FY18/FY19 rate review involved a comprehensive review of assumptions and methodology upon which the analysis is based. The results of that review are described herein. The County Water District of Billings Heights is a major outside/non-owner user of the City’s water system, and is referred to as the Resale user class throughout this analysis. Based on the current agreement between the City of Billings and this Resale customer, the established and agreed upon rate of return is based on the weighted average cost of capital (WACC). The Memorandum of Understanding between the City and the District included the following methodology for establishing the WACC, the calculation of which is detailed in Section 3.2.2. “The WACC will be calculated for each rate study, including the current study, using the City’s then current effective interest rate on outstanding debt and a return on equity equal to the average 30-year treasury rate plus 300 basis points for the most recent twelve month period ending June 30th.”1 At the City’s request, AE2S Nexus has updated the customer billing data, O&M and capital revenue requirements, and asset inventory. To complete a comprehensive update, assumptions upon which the model calculations are based were also reviewed and verified or updated to reflect current system conditions. In general, the COSA methodology utilized remains consistent with previous analyses, which involved three steps: 1) Functionalization, 2) Classification, and 3) Allocation. The cost of service analysis completed using the City’s existing rate model and upon which rate calculations have been historically based, involved the following steps: 1. Functionalization: in the methodology applied by the City of Billings, this step involves the grouping of costs based on the type of customer to which the cost applies: a. Joint allocation – costs allocated to all user classes b. All-But-Resale allocation – costs allocated to all but the Resale user class including both Inside City (Owner) and Outside (non-Owner) City users c. Owner allocation – costs allocated only to the owner user classes d. Resale allocation – costs assigned to the Resale class 1 Memorandum of Understanding Between the City of Billings and County Water District of Billings Heights, May 8, 2013. | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 1-2 2. Classification: categorization of functionalized costs based on how the cost is related to the user characteristics (related to customer account numbers, average flow, peak flow, etc.): a. Fixed cost allocation i. Customer based ii. Meter based b. Variable cost allocation i. Base Capacity allocation ii. Peak Day Capacity allocation iii. Peak Hour Capacity allocation c. Direct Fire allocation 3. Allocation: The distribution of functionalized and classified costs to customer classes based on number of meters, equivalent meters, and billed flow totals. This report summarizes the following topics:  Water system usage parameters assumed for FY18 and FY19 (Section 2.0);  Projected FY18/FY19 revenue requirements and associated assumptions (Section 3.0);  Allocation of FY18/FY19 operating and capital-related revenue requirements (Section 4.0);  Calculated FY18/FY19 costs of service by user class and recommended FY18/FY19 water rates for Retail and Resale customer classes (Section 5.0); and  Probabilistic revenue forecasting and considering of risk in rate setting (Section 6.0). | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 2-1 2.0 Customers and Usage The City of Billings provides water service to approximately 29,080 users within City limits, 280 users outside of the City, and the Resale customer County Water District of Billings Heights. Based on a review of billed flow and account data from FY09 through FY16, a representative Test Year was developed. Customer classes include the following:  Owners o Single Family Residential (single family, two- and three-unit complexes) o Multi-Family Residential (multi-family complexes with greater than three units) o Commercial o Industrial o Seasonal o Private Fire Protection  Non-Owners o Residential (single family, two- and three- multi-family unit complexes) o Commercial (includes multi-family complexes with greater than three units) o Resale (County Water District of Billings Heights) o Private Fire Protection Estimated FY18 customer accounts by meter size and equivalent meters for the owner and non- owner user classes are shown in Table 2.1 and Table 2.2, respectively. Similar values for FY19 are found in Table 2.3 and Table 2.4, respectively. The equivalent meter counts are shown on a 3/4-inch meter basis. Table 2.5 summarizes the projected FY18 and FY19 billable flow for each user class, measured in units of one hundred cubic feet (CCF), noting the basis for the FY18 and FY19 flow assumptions. Figure 2.1 shows the recent historical trend in meter growth for all non-irrigation meter classes. As show, meter number growth has been relatively flat. The dip in commercial accounts in FY14 correlates with identification of a Multi-Family Residential user class, which was previously accounted for in the Commercial class. Figure 2.2 shows the change in Single Family residential inside meters, which have grown at an average of 0.8 percent per year since FY13. Despite growth in meters, water use for this class has declined, likely as a combined result of conservation-oriented rate changes and increased use of water-saving household appliances. Water use for other inside user classes has been sporadic, but the City expects to see continued growth. To avoid overestimating water sales for FY18 and FY19, account growth was projected to be 0.5 percent per year for the Single Family, Multi-Family, and Commercial Accounts. Industrial accounts numbers were projected to remain constant and Seasonal (Irrigation) accounts were grown at one percent annually. Based on recent historical water use per account, Single Family Residential and Commercial water use was grown at 0.5 percent per year, and | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 2-2 Multi-Family and Seasonal water use was grown at one percent per year. Updated water demand projections from the County Water District of Billings Heights indicated that demand is expected to grow at one percent annually. This has been incorporated into the analysis. Meter and water demand projections for other outside users were not assumed to grow from projected FY17 levels. Table 2.1: Owner Customer Accounts and Equivalent Meters – Projected FY18 Table 2.2: Non-Owner Customer Accounts and Equivalent Meters – Projected FY18 Meter Size Residential Multi-Family Residential Commercial Industrial Seasonal Total 3/4"25,703 280 1,324 0 83 27,390 1"341 231 349 0 80 1,001 1-1/2"15 97 262 0 44 418 2"0 45 145 0 17 207 3"0 27 96 1 7 131 4"0 13 23 0 3 39 6"0 14 15 1 0 30 8"0 3 3 0 0 6 10"0 0 0 0 0 0 Total Accounts 26,059 710 2,217 2 234 29,222 Total Equivalent Meters 26,162 1,633 4,197 29 410 32,431 Meter Size Residential Commercial Resale Total 3/4"239 23 0 262 1"2 10 0 12 1-1/2"0 2 0 2 2"0 2 0 2 3"0 2 0 2 4"0 0 0 0 6"0 0 0 0 8"0 1 0 1 10"0 1 1 2 Total Accounts 241 41 1 283 Total Equivalent Meters 242 132 41 415 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 2-3 Table 2.3: Owner Customer Accounts and Equivalent Meters – Projected FY19 Table 2.4: Non-Owner Customer Accounts and Equivalent Meters – Projected FY19 Meter Size Residential Multi-Family Residential Commercial Industrial Seasonal Total 3/4"25,832 281 1,331 0 84 27,528 1"343 232 351 0 81 1,007 1-1/2"15 97 263 0 44 419 2"0 45 146 0 17 208 3"0 27 96 1 7 131 4"0 13 23 0 3 39 6"0 14 15 1 0 30 8"0 3 3 0 0 6 10"0 0 0 0 0 0 Total Accounts 26,190 712 2,228 2 236 29,368 Total Equivalent Meters 26,293 1,635 4,211 29 412 32,581 Meter Size Residential Commercial Resale Total 3/4"239 23 0 262 1"2 10 0 12 1-1/2"0 2 0 2 2"0 2 0 2 3"0 2 0 2 4"0 0 0 0 6"0 0 0 0 8"0 1 0 1 10"0 1 1 2 Total Accounts 241 41 1 283 Total Equivalent Meters 242 132 41 415 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 2-4 Table 2.5: Projected FY18 and FY19 Billable Water Sales Figure 2.1: Recent Historical Meter Counts (Excluding Irrigation) Customer Class FY18 Usage (CCF) FY19 Usage (CCF)Basis Owners Residential 3,629,517 3,647,665 Based on projected FY17; 0.5% annual increase Multi-Family Residential 638,611 644,997 Based on projected FY17; 1.0% annual increase Commercial 1,635,377 1,643,554 Based on average FY14-FY16; 0.5% annual increase Industrial 23,873 23,873 Based on FY16; held constant Seasonal 519,641 524,837 Based on average FY12-FY16; 1.0% annual increase Subtotal 6,447,019 6,484,926 Non-Owners Residential 33,875 33,875 Based on actual FY17 projected; held constant Commercial 834,465 834,465 FY09-FY16 Average; held constant Resale 957,285 966,857 Based on projected FY17; 1.0% annual increase Subtotal 1,825,625 1,835,198 Total 8,272,644 8,320,124 0 500 1000 1500 2000 2500 3000 FY13 FY14 FY15 FY16 FY17Accounts MF Residential - Inside Commercial/Public - Inside Industrial - Inside Residential - Outside Commercial/Public - Outside Resale Multi-Family Residential Impact | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 2-5 Figure 2.2: Recent Historical Single Family Residential (Inside) Meter Counts Multi-Family Water Use Characteristics The rate recommendations for FY16 included creation of a Multi-Family Residential user class to distinguish residential units of four or more from the rest of the Commercial user class. The City began tracking Multi-Family Residential water use in FY15 to make such a change possible. Based on a review of limited data (11 months from FY14/FY15), the ratio of peak water use to average day use for the FY16 and FY17 analyses was kept equal to the value used for the Commercial class, but in recognition of the potential impact of peak hour water use associated with diurnal peaking from residential sources, the Multi-Family maximum hour peaking factor was set equal to that of the Single Family Residential user class. It was recommended that the City continue to track and monitor the water use associated with this user class and to determine if the peaking factors should be adjusted in the future. The Multi-Family Residential user class was only established for Owners, as data was not available regarding Multi-Family Residential units located outside of City limits. As part of the FY18/FY19 analysis, additional Multi-Family Residential water use data from FY15 through FY16 was evaluated. Table 2.6 compares Multi-Family Residential average annual water use as a percentage of average winter water use for the Single Family Residential and Commercial user classes. The values in the Single Family Residential columns indicate that average annual water use for that class ranges from 138 percent to nearly 300 percent the average winter water use, suggesting a large peaking factor associated with maximum day demand. 0 5000 10000 15000 20000 25000 30000 FY13 FY14 FY15 FY16 FY17Accounts Single Family Residential - Inside Average Growth = 0.8% per year | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 2-6 Multi-Family Residential Single Family Residential Commercial Meter Size FY14 FY15 FY16 FY14 FY15 FY16 FY14 FY15 FY16 ¾” 110% 124% 135% 177% 138% 161% 145% 131% 154% 1” 113% 92% 126% 249% 297% 191% 144% 121% 156% 1.5” 118% 122% 119% 194% 207% 160% 135% 133% 135% 2” 117% 138% 136% 125% 125% 125% 3” 106% 112% 121% 123% 125% 133% 4” 117% 131% 134% 115% 115% 125% 6” 109% 109% 115% 111% 110% 118% Table 2.6: Ratios of Average Annual to Average Winter Water Use The data in Table 2.6 indicates that the largest ratio of average annual Multi-Family Residential water use to average winter water use in FY14 through FY16 was 138 percent, suggesting that Multi-Family water use in total does not vary by season to the same degree as Single Family Residential water use. This compares more closely to the Commercial annual average to winter average ratios that range from 115 percent to 156 percent. As a result, it was determined that the level of service assumption suggesting that the Multi-Family Residential class imposes demands on the utility similar to the Commercial class is reasonable. Additionally, it is still believed likely that diurnal water use associated with Multi-Family Residential is most likely similar to that of the Single Family Residential class. Table 2.7 presents the peaking factors utilized in the analysis, which are unchanged from FY16/FY17 analysis. Table 2.7: Peaking Factors – FY18 and FY19 Analyses Customer Class Max (Peak) Day (MGD)/Averag Max (Peak) Hour (MGD)/Average Day (MGD) Owners Residential 2.60 4.00 Multi-Family 1.75 4.00 Commercial 1.75 3.00 Industrial 1.50 2.00 Seasonal 3.50 6.00 Non-Owners Residential 2.60 4.00 Commercial 1.75 3.00 Resale 2.54 3.90 System Data 2.20 3.40 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 3-1 3.0 Revenue Requirements Revenue requirements consist of expenses incurred for O&M of the Water Utility, as well as capital-related expenses such as debt service principal, capital outlays, and contributions to reserves. 3.1 Operation and Maintenance Costs For the purpose of developing water rates for FY18 and FY19, the O&M component of revenue requirements was based on the preliminary FY18 Water Operating budget divisions titled Administration, Billing, Service Center, Water Treatment Plant, Distribution/Collection Maintenance, and Meter Shop. As agreed upon with the District, Joint O&M was determined based on the three-year average of the difference between budgeted and actual O&M expenses. For the FY18 and FY19 analyses, this value was 89.7 percent, updated from 92. percent in the FY16/FY17 study. Based on future cash flow projections from the City, an increase of 2.4 percent was applied to the FY18 budget to estimate the FY19 O&M budget. In determining net O&M revenue requirements, consideration is also given to non-rate operating revenue, which is applied to offset the operating costs. Tables 3.1 and 3.2 summarize total projected O&M revenue requirements, total projected O&M non-rate revenue, and net O&M revenue requirements based on ownership for FY18 and FY19, respectively. Changes to the cost of service assumptions upon which Tables 3.1 and 3.2 are based are discussed in Section 4. In the FY16/FY17 analysis, it was determined that the portion of distribution cost associated with Zones 1, 2, and 4 can be reasonably allocated to non-owners users. This was a change from the previous approach. As a result, of this shift, the total Owner- only O&M revenue requirements are decreased, while the total All-But-Resale O&M revenue requirements are increased. As Owners of the system, the Owner user classes are still allocated all of the O&M non-rate revenue except for Franchise Fees and Transfer to O&M for pipe bursting. As a result of the decreased Owner-only revenue requirement, the net revenue requirement once the O&M non-rate revenue is deducted appears as a negative value in Tables 3.1 and 3.2. This does not indicate an overall reduction in Owner costs, as the Owners end up with more All-But-Resale revenue requirements under this approach. The net revenue requirements functionalized by ownership shown in Tables 3.1 and 3.2 are further allocated to the user classes based on the fixed or variable nature of the cost (classification), and the system usage parameters associated with each user class (allocation). Table 3.3 summarizes the allocated O&M revenue requirements by owner of FY18 and FY19, noting in particular the total net O&M revenue requirements allocated to the Resale user class. | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 3-2 Table 3.1: Summary of Projected FY18 O&M Revenue Requirements Budget Line Item Total Joint All-But-Resale Owners Resale Water Production Chemicals $540,000 $484,155 $55,845 $0 $0 All Other $2,853,800 $2,558,671 $295,129 $0 $0 High Service Pumping $0 $0 $0 $0 Utilities (80% to Base)$1,304,876 $1,169,931 $134,945 $0 $0 All Other $30,686 $27,513 $3,173 $0 $0 System Pumping and Storage $0 $0 $0 $0 Utilities (80% to Base)$492,474 $42,742 $198,673 $218,576 $32,483 All Other $184,116 $15,980 $74,276 $81,717 $12,144 Distribution System $0 $0 $0 $0 Fire Hydrants $243,530 $0 $243,530 $0 $0 All Other $2,151,444 $744,038 $1,060,419 $346,987 $0 Customer Billing and Meter $2,666,337 $2,390,595 $275,742 $0 $0 Admin.$2,277,669 $2,042,121 $235,547 $0 $0 O&M - Total $12,744,932 $9,475,747 $2,577,279 $647,280 $44,627 Less Non-Rate O&M - Related Revenue Joint All-But-Resale Owners Resale Water Permits $55,000 $0 $0 $55,000 $0 Misc. Revenue $20,800 $0 $0 $20,800 $0 Collection of Bad Debt $10,000 $0 $0 $10,000 $0 Sale of Material/Labor $275,000 $0 $0 $275,000 $0 Public Water Supply $61,000 $0 $0 $61,000 $0 Franchise Fee $935,000 $838,306 $96,694 $0 $0 Water Service Line Repair $435,000 $0 $0 $435,000 $0 Water Service Line Admin.$30,000 $0 $0 $30,000 $0 Hydrant Meter Rental Fee $30,000 $0 $0 $30,000 $0 Charge for Services $70,000 $0 $0 $70,000 $0 Transfer to O&M for Pipebursting Projects $0 $0 $0 $0 $0 Transfers In $0 $0 $0 $0 $0 Total O&M-Related $1,921,800 $838,306 $96,694 $986,800 $0 Total Joint All-But-Resale Owners Resale Total O&M Revenue Requirement $10,823,132 $8,637,441 $2,480,585 ($339,520)$44,627 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 3-3 Table 3.2: Summary of Projected FY19 O&M Revenue Requirements Budget Line Item Total Joint All-But-Resale Owners Resale Water Production Chemicals $553,184 $495,976 $57,208 $0 $0 All Other $2,923,477 $2,621,142 $302,334 $0 $0 High Service Pumping $0 $0 $0 $0 $0 Utilities (80% to Base)$1,336,735 $1,198,496 $138,240 $0 $0 All Other $31,435 $28,184 $3,251 $0 $0 System Pumping and Storage $0 $0 $0 $0 $0 Utilities (80% to Base)$504,498 $43,786 $203,523 $223,912 $33,276 All Other $188,611 $16,370 $76,089 $83,712 $12,441 Distribution System $0 $0 $0 $0 $0 Fire Hydrants $249,476 $0 $249,476 $0 $0 All Other $2,203,973 $762,204 $1,086,309 $355,459 $0 Customer Billing and Meter $2,731,437 $2,448,963 $282,474 $0 $0 Admin.$2,333,279 $2,091,981 $241,298 $0 $0 O&M - Total $13,056,107 $9,707,102 $2,640,204 $663,083 $45,716 Less Non-Rate O&M - Related Revenue Joint All-But-Resale Owners Resale Water Permits $55,000 $0 $0 $55,000 $0 Misc. Revenue $21,200 $0 $0 $21,200 $0 Collection of Bad Debt $10,000 $0 $0 $10,000 $0 Sale of Material/Labor $275,000 $0 $0 $275,000 $0 Public Water Supply $61,000 $0 $0 $61,000 $0 Franchise Fee $965,000 $865,204 $99,796 $0 $0 Water Service Line Repair $435,000 $0 $0 $435,000 $0 Water Service Line Admin.$30,000 $0 $0 $30,000 $0 Hydrant Meter Rental Fee $30,000 $0 $0 $0 $0 Charge for Services $75,000 $0 $0 $0 $0 Transfer to O&M for Pipebursting Projects $0 $0 $0 $30,000 $0 Transfers In $0 $0 $0 $75,000 $0 Total O&M-Related $1,957,200 $865,204 $99,796 $992,200 $0 Total Joint All-But-Resale Owners Resale Total O&M Revenue Requirement $11,098,907 $8,841,899 $2,540,408 ($329,117)$45,716 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 3-4 Table 3.3: Summary of Net O&M Revenue Requirements by Ownership 3.2 Capital Costs Total capital-related revenue requirements were evaluated in terms of the cash-basis for the purpose of establishing the utility-basis capital requirements to be met with rate revenue. These steps are described below. 3.2.1 Development of Cash-Basis Capital-Related Revenue Requirements The City provided information related to existing and anticipated debt service requirements, the five-year Capital Improvement Plan (CIP), non-CIP capital outlays, and anticipated capital- related non-rate revenue for FY18. In FY18, the CIP includes $24.3 million (M) in capital improvements, $4M of which the City plans to fund through debt. The City anticipates utilizing $1.1M in revenue from system development fee (SDF) revenues, leaving a total CIP cash-funded capital requirement of approximately $19,262,626 to be met using cash reserves and user fees. Of this, approximately $10,250,620 is anticipated to be funded through FY18 rate revenues, with the balance of $9,012,006 funded with cash reserves. The total FY18 rate and reserve-funded CIP amount is higher than average historical rate-funded capital values of around $6M to $10M, and is similar to FY17, in which $20M is being funded through rate revenue and existing cash reserves. Changes to the timing of projects have allowed the City to build and subsequently strategically spend down cash reserves to fund capital in FY17 and FY18. After accounting for reserve-funded capital, projected capital-related rate revenue requirements totaled $13,774,356, and net capital-related revenue requirements came to $13,599,356 after netting out capital- related non-rate revenue of $175,000. Ownership FY18 O&M FY19 O&M Joint Owners 7,472,779$ 7,649,634$ Resale 661,102$ 679,665$ Other Non-Owners 503,560$ 512,600$ Total Joint 8,637,441$ 8,841,899$ All But Resale Owners 2,308,862$ 2,365,404$ Other Non-Owners 171,722$ 175,004$ Total All But Resale 2,480,585$ 2,540,408$ Owners-Only (339,520)$ (329,117)$ Resale-Only 44,627$ 45,716$ Total 10,823,132$ 11,098,907$ Total Resale 705,729$ 725,382$ | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 3-5 For FY19, the current CIP projects expenditures of $10.8M, with $1.15M funded with cash from SDF revenues and $9.7M funded with rate revenues. Projected FY19 capital-related revenue requirements totaled $13,655,386, with net capital-related revenue requirements of $13,460,386 when considering a projected capital-related non-rate revenue estimate of $195,000. Table 3.4 summarizes the anticipated FY18 and FY19 cash-basis capital-related revenue requirements and capital-related non-rate revenues. Table 3.4: Summary of Net Capital-Related Revenue Requirements – Cash Basis 3.2.2 Development of Utility-Basis Capital-Related Revenue Requirements To fairly assign the cost of only those assets in service and utilized by non-owner user classes, the Utility-basis with cash residual methodology is utilized by the City of Billings in determining the appropriate rates to charge non-owner user classes. This methodology calculates the capital- related component of revenue requirements based on depreciation of system assets in service and a return on capital investment made by the owners of the system. Once capital-related revenue requirements have been established, the City’s methodology then applies the utility-based approach for calculating the appropriate share of capital-related revenue requirements for users located outside of the City. The utility approach is considered a fair means to allocate the capital-related revenue requirements to non-owners of the system based on the value of the infrastructure used by the non-owner users. The utility approach is based upon the allocation of revenue requirements represented by depreciation and a rate of return on the utility’s investment. Users located within the City are then allocated the difference between the total capital-related revenue requirements established under the cash-basis methodology and the outside city allocation of the utility-based capital-related revenue requirements. This Line Item Total FY18 Total FY19 Debt Service 3,039,721$ 3,037,924$ Cash Funded CIP 19,262,626$ 9,678,356$ Water Service Line Repair 350,000$ 350,000$ Transfers To (from) O&M Reserve 134,015$ 86,324$ Increase/ (Decrease) Operating Fund Balance (9,012,006)$ 502,782$ Total Capital Revenue Requirements - Cash Basis 13,774,356$ 13,655,386$ Less: Non-Rate Capital Revenue late payment interest 45,000$ 45,000$ interest earnings 130,000$ 150,000$ Total Non-Rate Capital -Related Revenue 175,000$ 195,000$ Net Capital Revenue Requirements - Cash Basis 13,599,356$ 13,460,386$ | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 3-6 methodology is consistent with that used throughout the industry and is promoted by the American Water Works Association (AWWA). There are two components to the Utility-basis capital-related revenue requirements: the return on rate base as calculated by applying a rate of return percentage to the asset base or net plant in service, and the depreciation on the net plant in service. To identify the return on rate base, the total assets in service must first be identified. Once the asset base is identified, the net plant in service is calculated as the original cost less depreciation to date. The annual depreciation for the assets currently in service must also be determined. Table 3.5 summarizes the net fixed assets and depreciation for development of the FY18 utility-basis capital-related revenue requirements. The net fixed asset totals in Table 3.5 indicate that based on asset values at year- end FY16, new assets placed in service in FY17, assets that depreciated out in FY17, and assets that remained in service for FY17, the value of net plant in service for FY18 calculated as $145.6M. Using the FY18 net asset base and the FY17 and FY18 CIP items anticipated to be placed in service by the close of FY17, the anticipated net asset base and annual depreciation for FY19 was developed and is summarized in Table 3.6. For the FY18 and FY19 asset bases, use of the system was evaluated in terms of ownership, as was done for the evaluation of O&M revenue requirements. Tables 3.7 and 3.8 summarize the ownership allocations of net fixed asset value and depreciation for FY18 and FY19, respectively. Detailed fixed asset tables are found in Appendix A. Table 3.5: Summary of FY18 Fixed Assets and Depreciation Fixed Asset Type Original Cost Annual Dpr Accum Dep Net Fixed Assets Allocat Depr Source of Supply $10,337,952 $217,139 $2,538,614 $7,446,885 $219,806 Water Treatment 46,324,322 1,401,969 18,981,291 35,418,938 1,573,696 High Service PS 7,739,741 242,972 5,084,664 2,171,498 242,972 Distribution System PSs 11,921,501 382,077 5,511,467 5,701,893 382,077 Reservoirs and Tanks 28,218,330 646,831 6,708,141 20,226,245 646,854 T&D 110,880,819 2,466,125 37,011,242 71,120,127 2,524,488 Meters & Hydrants 6,722,964 95,352 4,741,626 1,790,754 95,352 General Plant 4,866,727 258,831 3,530,574 1,697,117 285,536 Net $227,012,356 $5,711,296 $84,107,619 $145,573,458 $5,970,781 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 3-7 Table 3.6: Summary of FY19 Fixed Assets and Depreciation Table 3.7: FY18 Utility-Basis Capital-Related Revenue Requirements Based on Ownership Table 3.8: FY19 Utility-Basis Capital-Related Revenue Requirements Based on Ownership Fixed Asset Type Net Fixed Assets Allocat Depr Source of Supply $12,613,390 $330,143 Water Treatment 34,689,200 1,588,701 High Service PS 1,928,500 242,972 Distribution System PSs 8,449,600 384,808 Reservoirs and Tanks 29,435,675 826,819 T&D 84,181,015 2,845,714 Meters & Hydrants 1,695,500 95,352 General Plant 1,753,384 308,275 Net $174,746,265 $6,622,785 Ownership Net Fixed Asset Depreciation Joint Owners $104,093,634 $4,373,555 Resale 9,006,742 410,558 Other Non-Owners 9,411,183 394,165 Subtotal Joint $122,511,559 $5,178,277 Owners-Only $22,044,596 $743,337 Resale-Only $1,017,303 $49,167 Total $145,573,458 $5,970,781 Owner Subtotal $126,138,230 $5,116,891 Non-Owner Subtotal (including Resale)$19,435,228 $853,890 Resale Subtotal $10,024,045 $459,725 Ownership Net Fixed Asset Depreciation Joint Owners $120,779,239 $4,769,167 Resale 10,395,579 444,804 Other Non-Owners 10,862,493 427,690 Subtotal Joint $142,037,311 $5,641,661 Owners-Only $31,740,833 $931,957 Resale-Only $968,120 $49,167 Total $174,746,265 $6,622,785 Owner Subtotal $152,520,072 $5,701,124 Non-Owner Subtotal (including Resale)$22,226,192 $921,661 Resale Subtotal $11,363,699 $493,971 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 3-8 Per the Memorandum of Understanding between the City and its Resale customer, the rate of return is based on the WACC, calculated using the City’s current effective interest rate on outstanding debt and a return on equity equal to the average 30-year treasury rate plus 300 basis points for the most recent twelve month period ending June 30th. Based on this formula, with an average 30-year treasury rate of 2.30 percent, the calculated rate of return on equity was 5.30 percent. For FY18 the effective interest rate on water debt for the City is estimated at 3.05 percent, resulting in a FY18 WACC of 4.95 percent. Table 3.9 summarizes the WACC calculation. For the purpose of FY18 rate-setting, the average 30-year treasury rate used for FY18 was also used for FY19. Based on a projected effective interest rate on water debt of 2.53 percent, the FY19 weighted cost of capital was projected to be 4.83 percent. Table 3.9: Weighted Average Cost of Capital (WACC) Calculation Table 3.10 shows the calculated return on rate base using Non-Owner rates of return of 4.95 percent and 4.83 percent in FY18 and FY19, respectively. Total capital revenue requirements under the utility method are equal to the capital-related revenue requirements under the cash basis and are based on actual capital revenue requirements for each year. Debt/Equity FY2018 FY2019 Total Outstanding Debt $27,607,000 $29,546,359 Interest on Outstanding Debt $842,000 $748,792 Effective Interest Rate on Outstanding Debt 3.05%2.53% Total Fund Equity $149,022,734 $145,199,905.50 Rate of Return on Equity 5.30%5.30% Total Equity and Debt $176,629,734 $174,746,265 Weighted Cost of Capital 4.95%4.83% | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 3-9 Table 3.10: Utility-Basis Capital Revenue Requirements – FY18 and FY19 The system owners are allocated the balance of the capital revenue requirements not allocated to the non-owners. For FY18, this translates to a rate of return for Owners equal to 5.33 percent in FY18 and 3.83 percent in FY19. Because the return percentage is calculated based on the total rate base, the percentage decreases from FY18 to FY19 due to the $26M increase in Owner rate base. It is interesting to note that calculated return on rate base for Owners is higher than that calculated for Non-Owners in FY18. This is related to the delayed capitalization of projects into the user base, which results in a reduced net plant in service value for the Owner classes. The capitalization of $11.7M in projects currently under construction in FY18, in addition to projects on the FY18 CIP is projected to increase the Owner asset base by 21 percent in FY19, while the Non-Owner asset base is expected to increase by 14 percent. 3.3 Total Revenue Requirements Tables 3.11 and 3.12 summarize the total revenue requirements for FY18 and FY19, respectively, under both the Cash-Basis and Utility-Basis methodologies. Table 3.13 summarizes the total revenue requirements by ownership for both FY18 and FY19. Line Item FY18 FY19 Utility Basis Capital Costs for Non-Owners Return on Rate Base Rate Base Net Plant in Service $19,435,228 $22,226,192 Allowance for Working Capital $172,626 $176,623 Total Rate Base $19,607,854 $22,402,815 Rate of Return 4.95%4.83% Total Rate of Return on Rate Base $970,259 $1,082,587 Depreciation Less Amortization Expense $853,890 $921,661 Net Utility Basis Capital Costs $1,824,149 $2,004,248 Utility Basis Capital Costs for Owners Return on Rate Base Rate Base Net Plant in Service $124,201,863 $150,583,705 Allowance for Working Capital $1,180,265 $1,210,740 Total Rate Base $125,382,128 $151,794,445 Rate of Return 5.33%3.83% Return on Rate Base $6,685,978 $5,810,339 Depreciation Less Amortization Expense $5,089,229 $5,645,799 Net Utility Basis Capital Costs $11,775,207 $11,456,138 Total Utility Basis Capital Revenue Requirement $13,599,356 $13,460,386 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 3-10 Table 3.11: Summary of Total Projected FY18 Net Revenue Requirements Operating Costs Capital Costs Total Cash-Basis Revenue Requirements O&M Expense $12,744,932 $0 $12,744,932 Debt Service Requirements 3,039,721 3,039,721 Cash Financing of Construction 19,262,626 19,262,626 Water Line Service Repair 350,000 350,000 Operating Reserve 134,015 134,015 Total $12,744,932 $22,786,362 $35,531,294 Revenue Requirements Met From Other Sources Other Operating Revenue $1,921,800 $0 $1,921,800 Interest Income 175,000 175,000 Change in Funds Available 9,012,006 9,012,006 Total $1,921,800 $9,187,006 $11,108,806 Net Costs to be Met From Charges (Rates)$10,823,132 $13,599,356 $24,422,488 Restatement of Net Costs - Utility-Basis Revenue Requirements O&M Expenses $10,823,132 $0 $10,823,132 Capital Costs Depreciation 5,943,119 5,943,119 Return on Rate Base 7,656,238 7,656,238 Total $10,823,132 $13,599,356 $24,422,488 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 3-11 Table 3.12: Summary of Total Projected FY19 Net Revenue Requirements Table 3.13: Summary of Total Projected FY18 and FY19 Net Revenue Requirements by Ownership Operating Costs Capital Costs Total Cash-Basis Revenue Requirements O&M Expense $13,056,107 $0 $13,056,107 Debt Service Requirements 3,037,924 3,037,924 Cash Financing of Construction 9,678,356 9,678,356 Water Line Service Repair 350,000 350,000 Operating Reserve 86,324 86,324 Total $13,056,107 $13,152,604 $26,208,711 Revenue Requirements Met From Other Sources Other Operating Revenue $1,957,200 $0 $1,957,200 Interest Income 195,000 195,000 Change in Funds Available (502,782) (502,782) Total $1,957,200 ($307,782) $1,649,418 Net Costs to be Met From Charges (Rates)$11,098,907 $13,460,386 $24,559,293 Restatement of Net Costs - Utility-Basis Revenue Requirements O&M Expenses $11,098,907 $0 $11,098,907 Capital Costs Depreciation 6,567,460 6,567,460 Return on Rate Base 6,892,926 6,892,926 Total $11,098,907 $13,460,386 $24,559,293 Ownership O&M Capital Total FY18 Owner 9,442,121$ $11,775,207 $21,217,328 Non-Owners 1,381,011$ $1,824,149 $3,205,160 Total $10,823,132 $13,599,356 $24,422,488 Ownership O&M Capital Total FY19 Owner 9,685,921$ $11,456,138 $21,142,060 Non-Owners 1,412,986$ $2,004,248 $3,417,234 Total $11,098,907 $13,460,386 $24,559,293 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 4-1 4.0 Cost of Service Analysis The following sub-sections summarize the cost of service assumptions and results. Detailed tables summarizing the costs by ownership, cost type, and cost allocation to the user classes are found in Appendix B. 4.1 Methodology Following the establishment of total O&M and capital revenue requirements by ownership, the revenue requirements were then taken through a series of steps to result in allocation to each user class. In the first step, revenue requirements were functionalized according to the ownership of the cost. As noted in Section 1.0, Joint costs were allocated to all user classes, All-But-Resale were allocated to all owner use classes and non-owner user classes with the exception of the Resale class, Owner costs were allocated only to Owner user classes, and Resale costs were allocated only to the Resale user class. In the second step, costs were classified as to how the cost is related to usage characteristics – Customer, Meter, Base, Max Day, or Peak Day applicability. Finally in the third step, costs were allocated to the user classes based on the system usage characteristics of each class. For the allocation of customer costs, the percentage of meters or accounts determined the allocation percentage. For meter costs, the percentage of total equivalent meters in terms of 3/4-inch meter equivalents was used. For base capacity, average day billed water use determines the allocation percentage, and for peak/max day and peak/max hour allocations were calculated using the average day billed water use and the peaking factors from Table 2.6. The following subsections describe the Functionalization, Classification, and Allocation steps for the O&M and Capital-Related revenue requirements. 4.2 O&M Cost Allocations Table 3.3 presented the O&M revenue requirements by ownership. To arrive at the final O&M cost allocation to each user class, the costs by ownership were also classified to the appropriate fixed or variable component based on the manner in which the cost is related to user characteristics such as meter numbers and flow. Table 4.1 presents the functionalization percentages for each line item O&M revenue requirement by ownership. The same values were applied for both FY18 and FY19. Table 4.2 shows the classification of each line item. Per the agreement with the County Water District of Billings Heights, the amount of cost eligible for joint allocation to all users is adjusted based on the rolling three-year average percentage of actual expenditures over budgeted expenditures. For FY18 this value was 89.7 percent. The following bullets briefly summarize the assumptions behind the O&M functionalization percentages in Table 4.1.  Water Production and High Service Pumping costs: Allocated to all users. Adjusted by 89.7 percent to account for agreement with Resale customer. | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 4-2  System Pumping and Storage: Allocated based on value of asset base utilization of system components. Assumed Resale customer uses 75 percent of the Walter Pump Station, with the rest allocated to the Owner user class. Joint allocation percentage based on the assumption that Resale customer benefits from the Willet and Leavens Reservoirs due to their role in serving Zone 1, and the Fox Reservoir due to it interconnect that allows for emergency service to the Resale customer. All-But-Resale allocation is based on the determination that Non-Owner users (other than Resale) benefit from infrastructure in Pressure Zones 1, 2, and 4.  Allocation of Fire Hydrants based on information indicating the presence of public hydrants served outside of City limits.  Allocation of all other Distribution (maintenance of pipelines) based on agreement that Resale customer can be charged for transmission greater than 12” and that Non-Owner customers (other than Resale) utilize the transmission system. In addition, it was assumed that Non-Owner customers (other than Resale) utilize 60 percent of the distribution system to receive water at their connection points based on the estimated miles of pipe in Pressure Zones 1, 2, and 4.  Customer Billing and Meter: Allocated to all users. Adjusted by 89.7 percent to account for agreement with Resale customer.  Administrative: Allocated to all users. Adjusted by 89.7 percent to account for agreement with Resale customer. As shown in Table 4.2, the costs were classified as Base, Max Day, Max Hour, Customer, Meter, or Direct Fire. The revenue requirements comprising the Customer and Meter classified costs result in the calculation of the fixed meter charges, and those allocated to the Base, Max Day, and Max Hour components comprise the charges that derive the volumetric rates. The revenue requirements identified as Direct Fire costs are associated with the fixed fire protection charges. The following bullets briefly summarize the assumptions behind the O&M classification percentages in Table 4.2.  Water Production – Chemicals: This expense varies directly with water usage and is assigned as a 100 percent Base cost.  Water Production – All Other, High Service Pumping – All Other, and System Pumping and Storage – All Other: These expenses are associated with meeting maximum day demands as well as average day usage, and are split between Base (average day) and Extra Capacity – Peak Day based on the system max day/average day design parameter of 2.2. | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 4-3 Table 4.1: Functionalization of FY18 and FY19 O&M Revenue Requirements by Ownership  High Service Pumping – Utilities, and System Pumping and Storage – Utilities: These expenses are classified as 80 percent Base and 20 percent Extra Capacity – Peak Day based on a review of 2012 – 2016 daily pumping data.  Distribution System – All Other: These are costs that are driven by peak hour, as well as peak day, and are therefore classified based on system parameters for meeting peak day and peak hour requirements, with the remainder classified as average day costs. Item Joint All-But- Resale Owners Resale Total Water Production Chemicals 89.7% 10.3% 0.0% 0.0% 100.0% All Other 89.7% 10.3% 0.0% 0.0% 100.0% High Service Pumping Utilities (80% to Base)89.7% 10.3% 0.0% 0.0% 100.0% All Other 89.7% 10.3% 0.0% 0.0% 100.0% System Pumping and Storage Utilities (80% to Base)8.7% 40.3% 44.4% 6.6% 100.0% All Other 8.7% 40.3% 44.4% 6.6% 100.0% Distribution System Fire Hydrants 0.0% 100.0% 0.0% 0.0% 100.0% All Other 34.6% 49.3% 16.1% 0.0% 100.0% Customer Billing and Meter 89.7% 10.3% 0.0% 0.0% 100.0% Administrative 89.7% 10.3% 0.0% 0.0% 100.0% Total O&M-Related Non-Rate Revenues 3121 Street Sprinkling 0.0% 0.0% 100.0% 0.0% 100.0% 3122 Sewer Flushing 0.0% 0.0% 100.0% 0.0% 100.0% Water Permits 0.0% 0.0% 100.0% 0.0% 100.0% Misc. Revenue 0.0% 0.0% 100.0% 0.0% 100.0% Collection of Bad Debt 0.0% 0.0% 100.0% 0.0% 100.0% Sale of Material/Labor 0.0% 0.0% 100.0% 0.0% 100.0% Public Water Supply 0.0% 0.0% 100.0% 0.0% 100.0% Franchise Fee 89.7% 10.3% 0.0% 0.0% 100.0% Water Service Line Repair 0.0% 0.0% 100.0% 0.0% 100.0% Water Service Line Admin.0.0% 0.0% 100.0% 0.0% 100.0% Late Payment Interest 0.0% 0.0% 100.0% 0.0% 100.0% Hydrant Meter Rental Fee 0.0% 0.0% 100.0% 0.0% 100.0% Charge for Services 0.0% 0.0% 100.0% 0.0% 100.0% Transfer to O&M for Pipebursting Projects 34.6% 49.3% 16.1% 0.0% 100.0% Interest Earnings - Operating Fund (502 & 505)0.0% 0.0% 100.0% 0.0% 100.0% Transfers In 0.0% 0.0% 100.0% 0.0% 100.0% | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 4-4 Table 4.2: Classification of FY18 and FY19 O&M Revenue Requirements Tables 4.3 and 4.4, respectively, summarize the O&M revenue requirements by classification for FY18 and the allocated O&M revenue requirements to each user class for FY18. Similarly, Tables 4.5 and 4.6 present the O&M revenue requirements by classification and the allocated O&M revenue requirements to each user class for FY19, respectively. Detailed allocation tables are found in Appendix B. Item Base Max Day Max Hr. Customer Meter Direct Fire Total Water Production Chemicals 100.0% 0.0% 0.0% 0.0% 0.0% 0.0% 100.0% All Other 45.5% 54.5% 0.0% 0.0% 0.0% 0.0% 100.0% High Service Pumping Utilities (80% to Base)80.0% 20.0% 0.0% 0.0% 0.0% 0.0% 100.0% All Other 45.5% 54.5% 0.0% 0.0% 0.0% 0.0% 100.0% System Pumping and Storage Utilities (80% to Base)80.0% 20.0% 0.0% 0.0% 0.0% 0.0% 100.0% All Other 45.5% 54.5% 0.0% 0.0% 0.0% 0.0% 100.0% Distribution System Fire Hydrants 0.0% 0.0% 0.0% 0.0% 0.0% 100.0% 100.0% All Other 29.4% 35.3% 35.3% 0.0% 0.0% 0.0% 100.0% Customer Billing and Meter 0.0% 0.0% 0.0% 40.6% 59.4% 0.0% 100.0% Administrative 24.9% 29.9% 9.3% 13.3% 19.5% 3.0% 100.0% Total O&M-Related Non-Rate Revenues Water Permits 38.3% 26.7% 7.3% 10.3% 15.1% 2.3% 100.0% Misc. Revenue 38.3% 26.7% 7.3% 10.3% 15.1% 2.3% 100.0% Collection of Bad Debt 38.3% 26.7% 7.3% 10.3% 15.1% 2.3% 100.0% Sale of Material/Labor 38.3% 26.7% 7.3% 10.3% 15.1% 2.3% 100.0% Public Water Supply 38.3% 26.7% 7.3% 10.3% 15.1% 2.3% 100.0% Franchise Fee 38.3% 26.7% 7.3% 10.3% 15.1% 2.3% 100.0% Water Service Line Repair 38.3% 26.7% 7.3% 10.3% 15.1% 2.3% 100.0% Water Service Line Admin.38.3% 26.7% 7.3% 10.3% 15.1% 2.3% 100.0% Late Payment Interest 38.3% 26.7% 7.3% 10.3% 15.1% 2.3% 100.0% Hydrant Meter Rental Fee 38.3% 26.7% 7.3% 10.3% 15.1% 2.3% 100.0% Charge for Services 38.3% 26.7% 7.3% 10.3% 15.1% 2.3% 100.0% Transfer to O&M for Pipebursting Projects 38.3% 26.7% 7.3% 10.3% 15.1% 2.3% 100.0% Interest Earnings - Operating Fund (502 & 505)38.3% 26.7% 7.3% 10.3% 15.1% 2.3% 100.0% Transfers In 38.3% 26.7% 7.3% 10.3% 15.1% 2.3% 100.0% | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 4-5 Table 4.3: Classified FY18 O&M Revenue Requirements Table 4.4: Projected FY18 O&M Revenue Requirements by Customer Classes Item Total Base Max Day Max Hr. Customer Meter Direct Fire Water Production Chemicals 540,000$ 540,000$ -$ -$ -$ -$ -$ All Other 2,853,800$ 1,297,182$ 1,556,618$ -$ -$ -$ -$ High Service Pumping Utilities (80% to Base)1,304,876$ 1,043,901$ 260,975$ -$ -$ -$ -$ All Other 30,686$ 13,948$ 16,738$ -$ -$ -$ -$ System Pumping and Storage Utilities (80% to Base)492,474$ 393,979$ 98,495$ -$ -$ -$ -$ All Other 184,116$ 83,689$ 100,427$ -$ -$ -$ -$ Distribution System Fire Hydrants 243,530$ -$ -$ -$ -$ -$ 243,530$ All Other 2,151,444$ 632,778$ 759,333$ 759,333$ -$ -$ -$ Customer Billing and Meter 2,666,337$ -$ -$ -$ 1,082,533$ 1,583,804$ -$ Administrative 2,277,669$ 568,050$ 681,659$ 212,734$ 303,281$ 443,717$ 68,227$ Total O&M Allocations 12,744,932$ 4,573,526$ 3,474,245$ 972,067$ 1,385,814$ 2,027,521$ 311,758$ Less: O&M-Related Non-rate Revenue 3121 Street Sprinkling 1,400$ 536$ 374$ 102$ 145$ 212$ 33$ 3122 Sewer Flushing 5,200$ 1,990$ 1,387$ 377$ 538$ 787$ 121$ Water Permits 55,000$ 21,047$ 14,674$ 3,990$ 5,688$ 8,322$ 1,280$ Misc. Revenue 14,200$ 5,434$ 3,788$ 1,030$ 1,469$ 2,149$ 330$ Collection of Bad Debt 10,000$ 3,827$ 2,668$ 725$ 1,034$ 1,513$ 233$ Sale of Material/Labor 275,000$ 105,233$ 73,368$ 19,949$ 28,441$ 41,610$ 6,398$ Public Water Supply 61,000$ 23,343$ 16,274$ 4,425$ 6,309$ 9,230$ 1,419$ Franchise Fee 935,000$ 357,794$ 249,451$ 67,828$ 96,698$ 141,475$ 21,754$ Water Service Line Repair 435,000$ 166,460$ 116,055$ 31,556$ 44,988$ 65,820$ 10,121$ Water Service Line Admin.30,000$ 11,480$ 8,004$ 2,176$ 3,103$ 4,539$ 698$ Hydrant Meter Rental Fee 30,000$ 11,480$ 8,004$ 2,176$ 3,103$ 4,539$ 698$ Charge for Services 70,000$ 26,787$ 18,675$ 5,078$ 7,239$ 10,592$ 1,629$ Net Revenue Requirements 10,823,132$ 3,838,117$ 2,961,524$ 832,653$ 1,187,060$ 1,736,733$ 267,045$ Customer Class Base Max Day Max Hr. Customer Meter Direct Fire Total Owners Residential 1,709,613$ 1,445,273$ 232,100$ 1,047,550$ 1,381,986$ -$ 5,816,521$ Multi-Family Residential 300,805$ 119,201$ 65,632$ 28,541$ 86,273$ -$ 600,453$ Commercial 770,312$ 305,253$ 93,374$ 89,122$ 221,726$ -$ 1,479,787$ Industrial 11,245$ 2,971$ 545$ 80$ 1,537$ -$ 16,378$ Seasonal 244,767$ 323,314$ 59,339$ 9,407$ 21,649$ -$ 658,475$ Public Fire Protection -$ 259,128$ 266,618$ -$ -$ 230,735$ 756,481$ Private Fire Protection -$ 39,059$ 40,188$ -$ -$ 34,779$ 114,026$ Non-Owners Residential 16,290$ 13,773$ 2,021$ 10,530$ 13,872$ -$ 56,485$ Commercial 401,285$ 159,038$ 44,446$ 1,791$ 7,571$ -$ 614,131$ Resale 383,800$ 292,899$ 26,870$ 39$ 2,121$ -$ 705,729$ Private Fire Protection -$ 1,616$ 1,519$ -$ -$ 1,531$ 4,667$ Total O&M Revenue Requirements 3,838,117$ 2,961,524$ 832,653$ 1,187,060$ 1,736,733$ 267,045$ 10,823,132$ | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 4-6 Table 4.5: Classified FY19 O&M Revenue Requirements Table 4.6: Projected FY19 O&M Revenue Requirements by Customer Classes Item Total Base Max Day Max Hr. Customer Meter Direct Fire Water Production Chemicals 553,184$ 553,184$ -$ -$ -$ -$ -$ All Other 2,923,477$ 1,328,853$ 1,594,624$ -$ -$ -$ -$ High Service Pumping Utilities (80% to Base)1,336,735$ 1,069,388$ 267,347$ -$ -$ -$ -$ All Other 31,435$ 14,289$ 17,146$ -$ -$ -$ -$ System Pumping and Storage Utilities (80% to Base)504,498$ 403,598$ 100,900$ -$ -$ -$ -$ All Other 188,611$ 85,732$ 102,879$ -$ -$ -$ -$ Distribution System Fire Hydrants 249,476$ -$ -$ -$ -$ -$ 249,476$ All Other 2,203,973$ 648,227$ 777,873$ 777,873$ -$ -$ -$ Customer Billing and Meter 2,731,437$ -$ -$ -$ 1,108,963$ 1,622,474$ -$ Administrative 2,333,279$ 581,919$ 698,303$ 217,928$ 310,686$ 454,551$ 69,893$ Total Allocations 13,056,107$ 4,685,191$ 3,559,071$ 995,801$ 1,419,650$ 2,077,024$ 319,369$ Less: O&M-Related Non-rate Revenue 3121 Street Sprinkling 1,500$ 574$ 400$ 109$ 155$ 227$ 35$ 3122 Sewer Flushing 5,500$ 2,105$ 1,467$ 399$ 569$ 832$ 128$ Water Permits 55,000$ 21,047$ 14,674$ 3,990$ 5,688$ 8,322$ 1,280$ Misc. Revenue 14,200$ 5,434$ 3,788$ 1,030$ 1,469$ 2,149$ 330$ Collection of Bad Debt 10,000$ 3,827$ 2,668$ 725$ 1,034$ 1,513$ 233$ Sale of Material/Labor 275,000$ 105,233$ 73,368$ 19,949$ 28,441$ 41,610$ 6,398$ Public Water Supply 61,000$ 23,343$ 16,274$ 4,425$ 6,309$ 9,230$ 1,419$ Franchise Fee 965,000$ 369,274$ 257,455$ 70,005$ 99,801$ 146,014$ 22,452$ Water Service Line Repair 435,000$ 166,460$ 116,055$ 31,556$ 44,988$ 65,820$ 10,121$ Water Service Line Admin.30,000$ 11,480$ 8,004$ 2,176$ 3,103$ 4,539$ 698$ Late Payment Interest -$ -$ -$ -$ -$ -$ -$ Hydrant Meter Rental Fee 30,000$ 11,480$ 8,004$ 2,176$ 3,103$ 4,539$ 698$ Charge for Services 75,000$ 28,700$ 20,009$ 5,441$ 7,757$ 11,348$ 1,745$ Net Requirements 11,098,907$ 3,936,235$ 3,036,905$ 853,818$ 1,217,234$ 1,780,880$ 273,833$ Customer Class Base Max Day Max Hr. Customer Meter Direct Fire Total Owners Residential 1,753,108$ 1,481,930$ 238,334$ 1,074,284$ 1,417,806$ -$ 5,965,461$ Multi-Family Residential 309,993$ 122,832$ 67,730$ 29,205$ 88,189$ -$ 617,950$ Commercial 789,910$ 312,995$ 95,882$ 91,390$ 227,080$ -$ 1,517,257$ Industrial 11,474$ 3,031$ 557$ 82$ 1,569$ -$ 16,712$ Seasonal 252,243$ 333,164$ 61,236$ 9,680$ 22,221$ -$ 678,544$ Public Fire Protection -$ 264,385$ 272,424$ -$ -$ 236,609$ 773,418$ Private Fire Protection -$ 39,851$ 41,063$ -$ -$ 35,665$ 116,579$ Non-Owners Residential 16,583$ 14,025$ 2,061$ 10,728$ 14,138$ -$ 57,535$ Commercial 408,511$ 161,946$ 45,332$ 1,825$ 7,716$ -$ 625,330$ Resale 394,413$ 301,108$ 27,659$ 40$ 2,161$ -$ 725,382$ Private Fire Protection -$ 1,638$ 1,542$ -$ -$ 1,560$ 4,739$ Total O&M Revenue Requirements 3,936,235$ 3,036,905$ 853,818$ 1,217,234$ 1,780,880$ 273,833$ 11,098,907$ | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 4-7 4.3 Fixed Asset Allocations Table 3.5 presented the fixed assets by asset type and Table 3.7 and 3.8 summarized total fixed assets by ownership for FY18 and FY19, respectively. Tables 4.7 and 4.8, respectively, summarize the functionalized FY18 and FY19 fixed assets by ownership and asset type. Functionalization of fixed assets and depreciation costs, addressed later in this Section, was similar to that described for the corresponding O&M cost categories. The following bullets summarize specific assumptions behind the capital functionalization.  Source of Supply, Water Treatment, High Service Pumping, General Plant, Meter and Service Connection facilities were functionalized as Joint costs.  Distribution System Pump Station facilities serving Pressure Zones 1, 2, and 4 were functionalized to All-But-Resale. Based on an evaluation of the capital cost associated with the Walter Pump Station as completed by the design engineer for the facility, 40 percent of the Walter Pump Station was functionalized to the Resale class and the remainder was functionalized as an Owner cost, consistent with the previous analyses.  Reservoirs and Tanks serving the Resale customer (Fox, Leavens, and Willet) were functionalized as Joint costs. The remaining facilities that support pressure zones 1, 2, and 4 were functionalized as All-But-Resale costs, and the remaining facilities were functionalized to Owner classes.  Transmission pipelines greater than 12 inches in diameter were functionalized as Joint costs and transmission pipelines equal to 12 inches were functionalized as All-But-Resale due to the connection of outside users. Based on a review of miles of pipe within Pressure Zones 1, 2, and 4, 60 percent of distribution lines were allocated as All-But-Resale.  Hydrants and Hydrant mains were functionalized as All-But-Resale. Tables 4.9 and 4.10, respectively, summarize fixed assets by classification for FY18 and FY19. Classification of the functionalized fixed asset and depreciation costs is similar to the approach taken for classification of O&M costs. The following bullets summarize the key assumptions for capital classification.  Source of Supply, Water Treatment, and High Service Pumping components were primarily classified based on peak day and average day parameters. Exceptions to this include the intake and the water treatment plant site/landscaping, which were classified as an average day cost associated with providing a baseline level of service.  Distribution Pump stations were classified based on peak day and average day parameters, and booster stations were assumed to include a peak hour component as well as peak day and average day.  Storage Reservoirs and Tanks and Transmission/Distribution components were classified based on peak hour, peak day, and average day.  Meters and Service Connections were classified as customer costs. | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 4-8  Hydrants and Hydrant Mains were classified to the Direct Fire classification.  General Plant components were classified to peak hour, peak day, and average day based on the composite classification of all other direct capital. Table 4.11 and 4.12 present the allocated fixed assets to each user class for FY18 and FY19, respectively. Detailed tables are found in Appendix B. Table 4.7: Functionalization of FY18 Fixed Assets to Ownership Category by Asset Type Table 4.8: Functionalization of FY19 Fixed Assets to Ownership Category by Asset Type Fixed Asset Type Joint All But Resale Owners Resale Total Source of Supply 7,472,859$ -$ -$ -$ 7,472,859$ Water Treatment 38,417,533$ -$ -$ -$ 38,417,533$ High Service PS 2,766,698$ -$ -$ -$ 2,766,698$ Distribution System PSs 17,476$ 2,296,892$ 2,370,223$ 1,017,303$ 5,701,893$ Reservoirs and Tanks 2,492,426$ 7,902,599$ 9,831,219$ -$ 20,226,245$ Trans/Dist 35,994,326$ 42,272,244$ 15,050,238$ -$ 93,316,808$ Meters & Hydrants 66,397$ 2,246,553$ -$ -$ 2,312,950$ General Plant 1,697,117$ -$ -$ -$ 1,697,117$ Total 88,924,832$ 54,718,288$ 27,251,679$ 1,017,303$ 171,912,102$ Less CIAC (7,489,835)$ (13,641,726)$ (5,207,083)$ -$ (26,338,644)$ Net 81,434,998$ 41,076,561$ 22,044,596$ 1,017,303$ 145,573,458$ Fixed Asset Type Joint All But Resale Owners Resale Total Source of Supply 12,639,363$ -$ -$ -$ 12,639,363$ Water Treatment 37,651,100$ -$ -$ -$ 37,651,100$ High Service PS 2,458,800$ -$ -$ -$ 2,458,800$ Distribution System PSs -$ 4,259,667$ 3,221,813$ 968,120$ 8,449,600$ Reservoirs and Tanks 5,354,600$ 8,576,900$ 15,504,175$ -$ 29,435,675$ Trans/Dist 41,252,404$ 46,317,307$ 18,051,805$ -$ 105,621,515$ Meters & Hydrants 59,600$ 2,113,500$ -$ -$ 2,173,100$ General Plant 1,753,384$ -$ -$ -$ 1,753,384$ Total 101,169,251$ 61,267,374$ 36,777,793$ 968,120$ 200,182,538$ Less CIAC (7,176,874)$ (13,222,440)$ (5,036,960)$ -$ (25,436,274)$ Net 93,992,378$ 48,044,934$ 31,740,833$ 968,120$ 174,746,265$ | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 4-9 Table 4.9: Classification of FY18 Fixed Assets by Asset Type Table 4.10: Classification of FY19 Fixed Assets by Asset Type Table 4.11: Allocation of FY18 Fixed Assets to Customer Classes Fixed Asset Type Base Max Day Max Hour Meter Direct Fire Total Source of Supply 5,280,827$ 2,192,032$ -$ -$ -$ 7,472,859$ Water Treatment 17,478,542$ 20,938,991$ -$ -$ -$ 38,417,533$ High Service PS 1,257,590$ 1,509,108$ -$ -$ -$ 2,766,698$ Distribution System PSs 2,587,967$ 3,105,560$ 8,367$ -$ -$ 5,701,893$ Reservoirs and Tanks 5,973,634$ 7,168,360$ 7,084,250$ -$ -$ 20,226,245$ T&D 27,446,120$ 32,935,344$ 32,935,344$ -$ -$ 93,316,808$ Meters & Hydrants -$ -$ -$ 66,397$ 2,246,553$ 2,312,950$ General Plant 652,962$ 658,612$ 365,227$ 753$ 19,562$ 1,697,117$ Total 60,677,642$ 68,508,007$ 40,393,188$ 67,150$ 2,266,115$ 171,912,102$ Less CIAC (8,187,952)$ (9,794,374)$ (7,834,123)$ -$ (522,196)$ (26,338,644)$ Net 52,489,690$ 58,713,633$ 32,559,065$ 67,150$ 1,743,919$ 145,573,458$ Fixed Asset Type Base Max Day Max Hour Meter Direct Fire Total Source of Supply 7,608,165$ 5,031,198$ -$ -$ -$ 12,639,363$ Water Treatment 17,121,882$ 20,529,218$ -$ -$ -$ 37,651,100$ High Service PS 1,117,636$ 1,341,164$ -$ -$ -$ 2,458,800$ Distribution System PSs 3,839,733$ 4,607,679$ 2,188$ -$ -$ 8,449,600$ Reservoirs and Tanks 8,682,289$ 10,418,747$ 10,334,638$ -$ -$ 29,435,675$ T&D 31,065,152$ 37,278,182$ 37,278,182$ -$ -$ 105,621,515$ Meters & Hydrants -$ -$ -$ 59,600$ 2,113,500$ 2,173,100$ General Plant 660,292$ 689,480$ 382,345$ 789$ 20,479$ 1,753,384$ Total 70,095,149$ 79,895,669$ 47,997,353$ 60,389$ 2,133,979$ 200,182,538$ Less CIAC (7,919,367)$ (9,472,072)$ (7,567,235)$ -$ (477,600)$ (25,436,274)$ Net 62,175,782$ 70,423,597$ 40,430,118$ 60,389$ 1,656,379$ 174,746,265$ Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Residential 24,367,755$ 29,513,348$ 9,225,344$ -$ 53,485$ -$ 63,159,932$ Multi-Family Residential 4,287,491$ 2,434,151$ 2,608,704$ -$ 3,339$ -$ 9,333,685$ Commercial 10,979,548$ 6,233,453$ 3,711,363$ -$ 8,581$ -$ 20,932,945$ Industrial 160,278$ 60,663$ 21,671$ -$ 59$ -$ 242,672$ Seasonal 3,488,752$ 6,602,266$ 2,358,572$ -$ 838$ -$ 12,450,428$ Public Fire Protection -$ 5,291,551$ 10,597,339$ -$ -$ 1,507,485$ 17,396,375$ Private Fire Protection -$ 797,607$ 1,597,360$ -$ -$ 227,226$ 2,622,193$ Non-Owners -$ Residential 191,233$ 230,748$ 66,408$ -$ 494$ -$ 488,883$ Commercial 4,710,777$ 2,664,451$ 1,460,594$ -$ 270$ -$ 8,836,092$ Resale 4,303,855$ 4,858,320$ 861,786$ -$ 84$ -$ 10,024,045$ Private Fire Protection -$ 27,076$ 49,924$ -$ -$ 9,208$ 86,208$ Total 52,489,690$ 58,713,633$ 32,559,065$ 67,150$ 1,743,919$ 145,573,458$ | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 4-10 Table 4.12: Allocation of FY19 Fixed Assets to Customer Classes From the values in Table 4.11, it can be determined that the total FY18 Fixed Asset base for Non-Owners is $19,435,228. This value was previously reported in Table 3.10. To determine the rate of return component of the revenue requirements as illustrated in Table 3.10, the total fixed assets for non-owners in Table 4.11 was added to a working capital allowance of 12.5 percent of the non-owners share of O&M. This resulted in a total asset base of $19,607,854 for Non- Owners, to which the rate of return of 4.95 percent was applied to calculate a return on rate base for Non-Owners of $970,259. Allocation of the balance of capital-related revenue requirements to the Owner user classes under similar parameters resulted in return on rate base-component of the owner cost of service equal to 5.33 percent for FY18. 4.4 Depreciation Allocations Tables 3.5 and 3.6 presented the depreciation by asset type and Tables 3.7 and 3.8 summarized total depreciation by ownership for FY18 and FY19, respectively. Tables 4.13 and 4.14 summarize functionalized depreciation expense by asset type and ownership for FY18 and FY19, respectively. Functionalization of depreciation expense was previously described in Sub-section 4.3. Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Residential 29,117,483$ 35,652,673$ 11,499,631$ -$ 48,122$ -$ 76,317,910$ Multi-Family Residential 5,148,691$ 2,955,129$ 3,267,995$ -$ 2,993$ -$ 11,374,809$ Commercial 13,119,665$ 7,530,127$ 4,626,311$ -$ 7,707$ -$ 25,283,811$ Industrial 190,566$ 72,918$ 26,879$ -$ 53$ -$ 290,417$ Seasonal 4,189,514$ 8,015,341$ 2,954,648$ -$ 754$ -$ 15,160,257$ Public Fire Protection -$ 6,360,657$ 13,144,484$ -$ -$ 1,431,851$ 20,936,992$ Private Fire Protection -$ 958,756$ 1,981,296$ -$ -$ 215,826$ 3,155,878$ Non-Owners -$ Residential 218,812$ 267,334$ 78,285$ -$ 442$ -$ 564,874$ Commercial 5,390,150$ 3,086,918$ 1,721,830$ -$ 241$ -$ 10,199,140$ Resale 4,800,899$ 5,492,530$ 1,070,195$ -$ 75$ -$ 11,363,699$ Private Fire Protection -$ 31,214$ 58,562$ -$ -$ 8,702$ 98,479$ Total 62,175,782$ 70,423,597$ 40,430,118$ 60,389$ 1,656,379$ 174,746,265$ | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 4-11 Table 4.13: FY18 Depreciation Expense by Ownership Table 4.14: FY19 Depreciation Expense by Ownership Tables 4.15 and 4.16 summarize depreciation expense by asset type classification and Tables 4.17 and 4.18 present the allocated depreciation expense to each user class for FY18 and FY19, respectively. Classification of depreciation expense was previously described in Sub-section 4.3. Detailed tables are found in Appendix B. Asset Type Joint All-But-Resale Owners Resale Total Source of Supply 219,806$ -$ -$ -$ 219,806$ Water Treatment 1,610,414$ -$ -$ -$ 1,610,414$ High Service PS 307,903$ -$ -$ -$ 307,903$ Distribution System PSs 49,768$ 151,404$ 131,737$ 49,167$ 382,077$ Reservoirs and Tanks 156,851$ 285,724$ 204,279$ -$ 646,854$ Trans/Dist 1,379,789$ 1,323,462$ 577,453$ -$ 3,280,704$ Meters & Hydrants 6,811$ 133,059$ -$ -$ 139,870$ General Plant 285,536$ -$ -$ -$ 285,536$ Total $4,016,877 1,893,650$ $913,469 $49,167 $6,873,163 Less CIAC (313,021)$ (419,229)$ (170,132)$ -$ (902,382)$ Net 3,703,856$ 1,474,421$ 743,337$ 49,167$ 5,970,781$ Asset Type Joint All-But-Resale Owners Resale Total Source of Supply 330,143$ -$ -$ -$ 330,143$ Water Treatment 1,625,419$ -$ -$ -$ 1,625,419$ High Service PS 307,903$ -$ -$ -$ 307,903$ Distribution System PSs -$ 187,237$ 148,404$ 49,167$ 384,808$ Reservoirs and Tanks 218,851$ 305,724$ 302,244$ -$ 826,819$ Trans/Dist 1,516,045$ 1,434,444$ 651,440$ -$ 3,601,929$ Meters & Hydrants 6,811$ 133,059$ -$ -$ 139,870$ General Plant 308,275$ -$ -$ -$ 308,275$ Total $4,313,446 $2,060,465 $1,102,089 $49,167 $7,525,167 Less CIAC (313,021)$ (419,229)$ (170,132)$ -$ (902,382)$ Net 4,000,426$ 1,641,235$ 931,957$ 49,167$ 6,622,785$ | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 4-12 Table 4.15: FY18 Depreciation Expense by Classification Table 4.16: FY19 Depreciation Expense by Classification Table 4.17: Allocated FY18 Depreciation Expense by User Class Asset Type Base Max Day Max Hour Meter Direct Fire Total Source of Supply 120,994$ 98,812$ -$ -$ -$ 219,806$ Water Treatment 740,294$ 870,119$ -$ -$ -$ 1,610,414$ High Service PS 139,956$ 167,947$ -$ -$ -$ 307,903$ Distribution System PSs 165,687$ 198,824$ 17,565$ -$ -$ 382,077$ Reservoirs and Tanks 190,251$ 228,301$ 228,301$ -$ -$ 646,854$ Trans/Dist 964,913$ 1,157,896$ 1,157,896$ -$ -$ 3,280,704$ Meters & Hydrants -$ -$ -$ 6,811$ 133,059$ 139,870$ General Plant 115,902$ 106,998$ 59,335$ 122$ 3,178$ 285,536$ Total $2,437,998 $2,828,898 $1,463,097 6,933$ $136,237 $6,873,163 Less CIAC (268,620)$ (322,344)$ (266,900)$ -$ (44,518)$ (902,382) Net 2,169,378$ 2,506,553$ 1,196,197$ 6,933$ 91,720$ 5,970,781 Asset Type Base Max Day Max Hour Meter Direct Fire Total Source of Supply 171,147$ 158,995$ -$ -$ -$ 330,143$ Water Treatment 746,572$ 878,847$ -$ -$ -$ 1,625,419$ High Service PS 139,956$ 167,947$ -$ -$ -$ 307,903$ Distribution System PSs 174,913$ 209,895$ -$ -$ -$ 384,808$ Reservoirs and Tanks 243,182$ 291,819$ 291,819$ -$ -$ 826,819$ Trans/Dist 1,059,391$ 1,271,269$ 1,271,269$ -$ -$ 3,601,929$ Meters & Hydrants -$ -$ -$ 6,811$ 133,059$ 139,870$ General Plant 124,102$ 116,170$ 64,421$ 133$ 3,450$ 308,275$ Total $2,659,263 $3,094,942 $1,627,509 $6,944 $136,510 $7,525,167 Less CIAC (268,620)$ (322,344)$ (266,900)$ -$ (44,518)$ (902,382) Net 2,390,643$ 2,772,598$ 1,360,609$ 6,944$ 91,992$ 6,622,785 Customer Class Base Max Day Max Hr. Customer Meter Direct Fire Total Owners Residential 996,566$ 1,245,633$ 336,595$ -$ 5,522$ -$ 2,584,316$ Multi-Family Residential 175,345$ 102,735$ 95,181$ -$ 345$ -$ 373,606$ Commercial 449,030$ 263,088$ 135,412$ -$ 886$ -$ 848,416$ Industrial 6,555$ 2,560$ 791$ -$ 6$ -$ 9,912$ Seasonal 142,679$ 278,654$ 86,055$ -$ 87$ -$ 507,474$ Public Fire Protection -$ 223,334$ 386,653$ -$ -$ 79,285$ 689,272$ Private Fire Protection -$ 33,664$ 58,281$ -$ -$ 11,951$ 103,895$ Non-Owners Residential 8,041$ 10,070$ 2,524$ -$ 51$ -$ 20,687$ Commercial 198,088$ 116,275$ 55,524$ -$ 28$ -$ 369,915$ Resale 193,073$ 229,359$ 37,284$ -$ 9$ -$ 459,725$ Private Fire Protection -$ 1,182$ 1,898$ -$ -$ 484$ 3,564$ Total 2,169,378$ 2,506,553$ 1,196,197$ -$ 6,933$ 91,720$ 5,970,781$ | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 4-13 Table 4.18: Allocated FY19 Depreciation Expense by User Class 4.5 Capital Cost Allocations The capital-related revenue requirements were introduced in Table 3.4. Tables 4.19 and 4.20, respectively, show the capital-related revenue requirements allocated to each user class for FY18 and FY19. Table 4.19: Summary of FY18 Allocated Capital-Related Revenue Requirements Table 4.20: Summary of FY19 Allocated Capital-Related Revenue Requirements Customer Class Base Max Day Max Hr. Customer Meter Direct Fire Total Owners Residential 1,103,314$ 1,383,423$ 384,263$ -$ 5,533$ -$ 2,876,533$ Multi-Family Residential 195,093$ 114,667$ 109,201$ -$ 344$ -$ 419,306$ Commercial 497,128$ 292,190$ 154,590$ -$ 886$ -$ 944,793$ Industrial 7,221$ 2,829$ 898$ -$ 6$ -$ 10,955$ Seasonal 158,748$ 311,017$ 98,730$ -$ 87$ -$ 568,583$ Public Fire Protection -$ 246,811$ 439,227$ -$ -$ 79,522$ 765,560$ Private Fire Protection -$ 37,202$ 66,206$ -$ -$ 11,987$ 115,395$ Non-Owners Residential 8,690$ 10,924$ 2,781$ -$ 51$ -$ 22,446$ Commercial 214,067$ 126,143$ 61,167$ -$ 28$ -$ 401,405$ Resale 206,382$ 246,115$ 41,466$ -$ 9$ -$ 493,971$ Private Fire Protection -$ 1,276$ 2,080$ -$ -$ 483$ 3,839$ Total 2,390,643$ 2,772,598$ 1,360,609$ -$ 6,944$ 91,992$ 6,622,785$ Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Residential 2,274,769$ 2,755,119$ 861,201$ -$ 4,993$ -$ 5,896,081$ Multi-Family Residential 400,244$ 227,232$ 243,527$ -$ 312$ -$ 871,315$ Commercial 1,024,958$ 581,903$ 346,462$ -$ 801$ -$ 1,954,124$ Industrial 14,962$ 5,663$ 2,023$ -$ 6$ -$ 22,654$ Seasonal 325,681$ 616,332$ 220,176$ -$ 78$ -$ 1,162,267$ Public Fire Protection -$ 493,975$ 989,279$ -$ -$ 140,726$ 1,623,980$ Private Fire Protection -$ 74,458$ 149,116$ -$ -$ 21,212$ 244,786$ Non-Owners -$ Residential 17,949$ 21,657$ 6,233$ -$ 46$ -$ 45,885$ Commercial 442,144$ 250,080$ 137,088$ -$ 25$ -$ 829,337$ Resale 403,951$ 455,992$ 80,885$ -$ 8$ -$ 940,836$ Private Fire Protection -$ 2,541$ 4,686$ -$ -$ 864$ 8,091$ Total 4,904,658$ 5,484,951$ 3,040,676$ 6,269$ 162,802$ 13,599,356$ Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Residential 2,187,082$ 2,677,955$ 863,764$ -$ 3,615$ -$ 5,732,416$ Multi-Family Residential 386,730$ 221,967$ 245,467$ -$ 225$ -$ 854,388$ Commercial 985,449$ 565,605$ 347,493$ -$ 579$ -$ 1,899,126$ Industrial 14,314$ 5,477$ 2,019$ -$ 4$ -$ 21,814$ Seasonal 314,684$ 602,051$ 221,930$ -$ 57$ -$ 1,138,722$ Public Fire Protection -$ 477,764$ 987,313$ -$ -$ 107,550$ 1,572,626$ Private Fire Protection -$ 72,014$ 148,820$ -$ -$ 16,211$ 237,045$ Non-Owners -$ Residential 19,731$ 24,107$ 7,059$ -$ 40$ -$ 50,938$ Commercial 486,057$ 278,363$ 155,266$ -$ 22$ -$ 919,708$ Resale 432,921$ 495,289$ 96,505$ -$ 7$ -$ 1,024,722$ Private Fire Protection -$ 2,815$ 5,281$ -$ -$ 785$ 8,880$ Total 4,826,969$ 5,423,407$ 3,080,917$ 4,547$ 124,546$ 13,460,386$ | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 5-1 5.0 Results and Proposed Rates 5.1 Cost of Service Results For FY18, the total revenue requirements to be recovered through rates or use of cash reserves total $24,422,488. Tables 5.1 and 5.2 summarize the allocated revenue requirements by user class for FY18 and FY19, respectively. Note that the Max Day and Max Hour revenue requirements allocated to Owner and Non-Owner Residential, Commercial, and Industrial user classes include public fire protection costs. The Resale user class is not allocated fire protection charges as the Resale system provides its own fire protection. Tables 5.3 and 5.4, respectively, present the calculated unit costs of service for each user class for FY18 and FY19. Table 5.1: Summary of FY18 Cost of Service Results Table 5.2: Summary of FY19 Cost of Service Results Customer Class Base Max Day Max Hr. Customer Meter Direct Fire Total Owners Residential $3,984,382 $4,837,069 $1,892,923 $1,047,550 $1,386,978 $0 $13,148,902 Multi-Family Residential $701,050 $398,943 $535,273 $28,541 $86,585 $0 $1,750,392 Commercial $1,795,271 $1,021,627 $761,524 $89,122 $222,527 $0 $3,890,071 Industrial $26,207 $9,942 $4,447 $80 $1,542 $0 $42,219 Seasonal $570,447 $939,646 $279,516 $9,407 $21,727 $0 $1,820,743 Public Fire Protection $0 -$139,248 -$232,213 $0 $0 $371,461 $0 Private Fire Protection $0 $113,517 $189,304 $0 $0 $55,991 $358,812 Non-Owners Residential $34,239 $40,801 $14,290 $10,530 $13,918 $0 $113,778 Commercial $843,428 $471,130 $314,305 $1,791 $7,596 $0 $1,638,251 Unused $0 $0 $0 $0 $0 $0 $0 Resale $787,750 $748,891 $107,756 $39 $2,129 $0 $1,646,564 Private Fire Protection $0 $4,157 $6,205 $0 $0 $2,395 $12,758 Total $8,742,774 $8,446,475 $3,873,329 $1,187,060 $1,743,002 $198,026 $24,422,488 Customer Class Base Max Day Max Hr. Customer Meter Direct Fire Total Owners Residential $3,940,191 $4,776,216 $1,887,739 $1,074,284 $1,421,420 $0 $13,099,850 Multi-Family Residential $696,723 $395,884 $536,463 $29,205 $88,414 $0 $1,746,689 Commercial $1,775,359 $1,008,775 $759,439 $91,390 $227,659 $0 $3,862,621 Industrial $25,788 $9,768 $4,412 $82 $1,573 $0 $41,623 Seasonal $566,927 $935,214 $283,167 $9,680 $22,278 $0 $1,817,266 Public Fire Protection $0 -$127,588 -$216,570 $0 $0 $344,159 $0 Private Fire Protection $0 $111,866 $189,883 $0 $0 $51,876 $353,624 Non-Owners Residential $36,315 $43,781 $15,622 $10,728 $14,178 $0 $120,624 Commercial $894,568 $505,546 $343,596 $1,825 $7,738 $0 $1,753,272 Resale $827,335 $796,397 $124,164 $40 $2,168 $0 $1,750,104 Private Fire Protection $0 $4,452 $6,823 $0 $0 $2,345 $13,620 Total $8,763,204 $8,460,313 $3,934,736 $1,217,234 $1,785,427 $198,026 $24,559,293 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 5-2 Table 5.3: Summary of FY18 Cost of Service Results – Unit Results Table 5.4: Summary of FY19 Cost of Service Results – Unit Results 5.2 Resale Water Rate Based on parameters outlined in the 2009 Memorandum of Agreement between the City of Billings and the County Water District of Billings Heights, the City’s rate model applies the utility basis cost of service approach to establish the water rate for the Resale user class. As part of this study, the functionalization, classification, and allocation assumptions upon which the analyses is based were reviewed and updated, where applicable, to reflect the current configuration and operation of the system. In addition, water usage in recent years has shown a steady pattern, partly due to fluctuating weather conditions. Table 5.5 provides a summary of assumptions used in recent water rate calculations as compared to analyses in previous years. Customer Class Base ($/CCF) Max Day ($/CCF) Max Hour ($/CCF) Customer ($/month) Meter ($/month for 3/4-inch Meter) Direct Fire ($/month for 6- inch Meter) Owners Residential $1.10 $1.33 $0.52 $3.35 $4.42 $0.00 Multi-Family Residential $1.10 $0.62 $0.82 $3.35 $4.42 $0.00 Commercial $1.10 $0.62 $0.47 $3.35 $4.42 0.00 Industrial $1.10 $0.42 $0.19 $3.35 $4.42 0.00 Seasonal $1.07 $1.74 $0.53 $3.35 $4.42 0.00 Public Fire Protection N/A N/A N/A 0.00 0.00 0.00 Private Fire Protection N/A N/A N/A 0.00 0.00 44.75 Non-Owners Residential $1.01 $1.20 $0.42 $3.64 $4.80 $0.00 Commercial 1.01 0.56 0.38 3.64 4.80 0.00 Resale 0.82 0.78 0.11 3.26 4.31 0.00 Private Fire Protection N/A N/A N/A 0.00 0.00 39.26 Customer Class Base ($/CCF) Max Day ($/CCF) Max Hour ($/CCF) Customer ($/month) Meter ($/month for 3/4-inch Meter) Direct Fire ($/month for 6- inch Meter) Owners Residential $1.08 $1.31 $0.52 $3.42 $4.51 $0.00 Multi-Family Residential $1.08 $0.61 $0.82 $3.42 $4.51 $0.00 Commercial 1.08 0.61 0.46 3.42 4.51 0.00 Industrial 1.08 0.41 0.18 3.42 4.51 0.00 Seasonal 1.06 1.73 0.53 3.42 4.51 0.00 Public Fire Protection N/A N/A N/A 0.00 0.00 0.00 Private Fire Protection N/A N/A N/A 0.00 0.00 43.88 Non-Owners Residential $1.07 $1.29 $0.46 $3.71 $4.89 $0.00 Commercial 1.07 0.61 0.41 3.71 4.89 0.00 Resale 0.86 0.82 0.13 3.33 4.39 0.00 Private Fire Protection N/A N/A N/A 0.00 0.00 41.92 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 5-3 Table 5.5: Summary of Resale Water Rate Calculations – FY16-FY19 The cost of service-based rate for the Resale customer is decreased in FY18 as compared to FY17. This is due to the reduction of O&M allocated as a joint expense (from 92.11 percent to 89.7 percent) as well as a decrease in the calculated cost of capital based on the reduced 30-year Treasury rate from 3.66 percent to 2.30 percent. The cost of service-based rate increases in FY19 primarily due to an increase in the rate base associated with capitalization of water supply/intake capital expenditures, as well as improvements to the Leavens Reservoir. Resale Water Rate Summary FY2016 FY2017 FY2018 FY2019 Projected Water Purchase (CCF)997,878 1,027,815 957,285 966,857 Actual Water Sales (CCF) Peaking Factor - Peak Day 2.54 2.54 2.54 2.54 Projected Peak Day Flow (CCF)1,536,732 1,582,834 1,474,218 1,488,960 Peaking Factor - Peak Hour 3.90 3.90 3.90 3.90 Projected Peak Hour Flow (CCF)1,357,114 1,397,828 1,301,907 1,314,926 Allocated O&M Revenue Requirements - Resale FY2016 FY2017 FY2018 FY2019 Base 439,471$ 462,219$ 383,800$ 394,413$ Max Day 338,674$ 356,877$ 292,899$ 301,108$ Max Hr.38,168$ 40,395$ 26,870$ 27,659$ Customer 39$ 41$ 39$ 40$ Meter 2,117$ 2,230$ 2,121$ 2,161$ Direct Fire -$ -$ -$ -$ Total Resale O&M Revenue Requirements 818,469$ 861,762$ 705,729$ 725,382$ Debt/Equity FY2016 FY2017 FY2018 FY2019 Total Outstanding Debt 30,524,000$ 28,659,000$ 27,607,000$ 29,546,359$ Interest on Outstanding Debt 719,500$ 862,000$ 842,000$ 748,792$ Effective Interest Rate on Outstanding Debt 2.36%3.01%3.05%2.53% Total Fund Equity 129,942,568$ 129,942,568$ 149,022,734$ 145,199,906$ Rate of Return on Equity 6.66%6.66%5.30%5.30% Total Equity and Debt 160,466,568$ 158,601,568$ 176,629,734$ 174,746,265$ Weighted Cost of Capital 5.84%6.00%4.95%4.83% Summary of Capital Revenue Requirements - Non-Owners FY2016 FY2017 FY2018 FY2019 Net Plant in Service for Non-Owners 17,591,763$ 20,071,364$ 19,435,228$ 22,226,192$ Share of Working Capital for Non-Owners 187,623$ 195,055$ 172,626$ 176,623$ Total Rate Base for Non-Owners 17,779,386$ 20,266,419$ 19,607,854$ 22,402,815$ Return on Rate Base for Non-Owners 1,038,585$ 1,215,995$ 970,259$ 1,082,587$ Depreciation Less Amortization for Non-Owners 802,344$ 844,354$ 853,890$ 921,661$ Total Capital-Based Revenue Requirements for Non-Owners 1,840,929$ 2,060,350$ 1,824,149$ 2,004,248$ Allocated Capital Revenue Requirements - Resale FY2016 FY2017 FY2018 FY2019 Base 411,144$ 459,554$ 403,951$ 432,921$ Max Day 455,348$ 501,695$ 455,992$ 495,289$ Max Hr.87,145$ 88,739$ 80,885$ 96,505$ Customer -$ -$ -$ -$ Meter 11$ 10$ 8$ 7$ Direct Fire -$ -$ -$ -$ Total Resale Capital Revenue Requirements 953,647$ 1,049,997$ 940,836$ 1,024,722$ Total Resale Revenue Requirements 1,772,116$ 1,911,760$ 1,646,564$ 1,750,104$ Calculated Rate - Resale ($/CCF)1.78$ 1.86$ 1.72$ 1.81$ | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 5-4 5.3 Recommended FY18 and FY19 Water Rates Based on the results of this study, the recommended monthly meter rates for FY18 and FY19 are shown in Table 5.6. To balance the overall need for a revenue increase between the fixed and volumetric rates, meter rate increases are recommended for both FY18 and FY19. The increases vary by meter sizes. The increases vary by meter sizes. The larger meter sizes are increasing at a higher rate than the smaller sizes due to the equivalent meter weighting factors. Tables 5.7 and 5.8 summarize the cost of service-based recommendations for Fire Protection charges for Owners and Non-Owners, respectively. Table 5.9 presents the recommended volumetric rates for Single Family Residential users for FY18 and FY19. A combination of decreased water sales and increasing costs has driven the need for increases for this user class. Because the utility has adequate cash reserves to absorb a near-term revenue shortfall, it is recommended that required increases be phased in over several years to minimize the effect on the users. Consistent with the approach taken in the previous analysis, rate increases for Non-Owner Residential users are equal to the increases recommended for the Owner Single Family Residential user class in FY18 and FY19. Table 5.10 presents the recommended FY18 and FY19 volumetric rates for Non-Owner Single Family accounts. Table 5.6: Recommended FY18 and FY19 Meter Charges for Owners and Non-Owners Meter Size Inside City Recommended Rate FY18 Outside City Recommended Rate FY18 % Increase from FY17 Inside City Recommended Rate FY19 Outside City Recommended Rate FY19 % Increase from FY18 3/4” $8.15 8.75$ 1.9%8.15$ 8.75$ 0.0% 1” 9.15$ 10.00$ 1.6%9.15$ 10.00$ 0.0% 1-1/2” 10.80$ 11.75$ 3.3%10.80$ 11.75$ 0.0% 2” 15.30$ 16.65$ 6.2%15.30$ 16.65$ 0.0% 3” 46.10$ 50.10$ 5.8%48.50$ 52.70$ 5.2% 4” 57.80$ 62.80$ 6.3%60.80$ 66.05$ 5.2% 6” 85.05$ 92.45$ 6.9%89.45$ 97.20$ 5.2% 8” 116.20$ 126.35$ 7.2%122.20$ 132.85$ 5.2% 10” 179.80$ 195.40$ 7.6%189.05$ 205.45$ 5.1% | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 5-5 Table 5.7: Recommended Annual Fire Protection Charges for Owners – FY18/FY19 Table 5.8: Calculated Annual Fire Protection Charges for Non-Owners – FY18/FY19 Table 5.9: Recommended FY18 and FY19 Volumetric Charges for Owners Meter Size Inside City Current Rate FY17 ($/Year) Inside City Recommended Rate FY18 ($/Year) % Increase from FY17 Inside City Recommended Rate FY19 ($/Year) % Increase from FY18 1-1/4"23.35$ $24.40 $24.40 1-1/2"31.10$ $32.50 $32.50 2"49.80$ $52.05 $52.05 3"124.45$ $130.05 $130.05 4"217.75$ $227.55 $227.55 6"497.65$ $520.05 $520.05 8"870.90$ $910.10 $910.10 10"1,368.55$ $1,430.15 $1,430.15 12"1,970.75$ $2,059.45 $2,059.45 14"2,682.40$ $2,803.10 $2,803.10 4.5%0.0% Meter Size Outside City Current Rate FY17 ($/Year) Outside City Recommended Rate FY18 ($/Year) % Increase from FY17 Outside City Recommended Rate FY19 ($/Year) % Increase from FY18 1-1/4"23.65$ $24.70 $24.70 1-1/2"31.55$ $32.95 $32.95 2"50.45$ $52.70 $52.70 3"126.15$ $131.85 $131.85 4"220.75$ $230.70 $230.70 6"504.60$ $527.30 $527.30 8"883.00$ $922.75 $922.75 10"1,387.60$ $1,450.05 $1,450.05 12"1,998.15$ $2,088.05 $2,088.05 14"2,719.70$ $2,842.10 $2,842.10 4.5%0% Single Family Residential Current FY17 Rate ($/CCF) Recommended FY18 Rate ($/CCF) % Increase from FY17 Recommended FY19 Rate ($/CCF) % Increase from FY18 Tier 1 2.21$ 2.29$ 2.33$ Tier 2 2.65$ 2.74$ 2.80$ Tier 3 3.45$ 3.57$ 3.64$ Tier 4 5.18$ 5.36$ 5.47$ 3.5%2.0% | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 5-6 Table 5.10: Recommended FY18 and FY19 Volumetric Charges for Non-Owners Table 5.11 presents the recommended non-residential volumetric rates for FY18 and FY19 for Owner and Non-Owner user classes. Similar to the approach for Single Family Residential rates, it is recommended that required increases be phased in over several years to minimize the effect on the users. For the Resale user class, it is recommended that the City continue its approach of charging the calculated cost of service rate, adopting the calculated FY18 and FY19 rates shown in Table 5.11. Table 5.11: Recommended Multi-Family and Non-Residential Volumetric Rates for Owners and Non-Owners – FY18 and FY19 Table 5.12 summarizes the projected revenue adequacy of the Water Utility for FY18 and FY19 based on the recommended rates. As shown in Table 5.12, the adoption of rates for FY18 that are less than the calculated cost of service results in a projected revenue deficiency for FY18; however, as shown in Table 5.13, even with significant investment of reserve funds in capital projects in FY18, it is anticipated that utility reserves would be adequate to adsorb the projected revenue deficiency. At the recommended rates, projected revenues in FY19 are forecast to be adequate to meet revenue requirements given the current assumptions. In summary, under the projected water sales and given the current cash reserve balances, the recommended rates for FY18 and FY19 will present a stable near-term approach to rate-setting approach without significantly impacting overall revenue adequacy. Single Family Residential Current FY17 Rate ($/CCF) Recommended FY18 Rate ($/CCF) % Increase from FY17 Recommended FY19 Rate ($/CCF) % Increase from FY18 Tier 1 2.29$ 2.37$ 2.42$ Tier 2 2.75$ 2.85$ 2.90$ Tier 3 3.58$ 3.71$ 3.78$ Tier 4 5.37$ 5.56$ 5.67$ 3.5%2.0% Current FY17 Rate ($/CCF) Recommended FY18 Rate ($/CCF) % Increase from FY17 Recommended FY19 Rate ($/CCF) % Increase from FY18 Owners Multi-Family Residential 2.31$ 2.39$ 3.5%2.44$ 2.0% Non-Residential 2.00$ 2.06$ 3.0%2.10$ 2.0% Seasonal 3.18$ 3.29$ 3.5%3.41$ 3.5% Non-Owners Non-Residential 2.12$ 2.18$ 3.0%2.23$ 2.0% Resale 1.86$ 1.72$ -7.5%1.81$ 5.2% | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 5-7 Table 5.12: Net Cash-Based Rate Revenue Requirements – FY18 and FY19 Table 5.13: Projected Cash Reserve Balances – FY18 and FY19 FY18 FY19 Net Rate Revenue Requirements O&M-Related 10,823,132$ 11,098,907$ Capital-Related 13,599,356$ 13,460,386$ Net Rate Revenue Requirements 24,422,488$ 24,559,293$ Projected Rate Revenues Owners Residential 12,884,404$ 13,154,570$ Multi-Family 1,638,646$ 1,691,348$ Non-Residential 3,736,565$ 3,828,007$ Seasonal 1,741,973$ 1,820,052$ Fire Protection 347,505$ 347,505$ Non-Owners Residential 125,349$ 127,349$ Non-Residential 1,831,498$ 1,868,202$ Resale 1,648,874$ 1,752,477$ Fire Protection 14,278$ 14,278$ Total Projected Rate Revenue 23,969,093$ 24,603,789$ Projected Revenue Adequacy (453,395)$ 44,495$ 2017 2018 2019 Total Water Fund Balance 24,492,739$ 15,027,338$ 15,574,615$ O&M Reserve 3,401,617$ 3,535,632$ 3,621,956$ Debt Service Reserve 1,386,000$ 1,513,685$ 1,513,685$ Capital/Rate Stabilization Reserve 19,705,122$ 9,978,021$ 10,438,974$ | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 5-1 6.0 Revenue Forecasting The recommended rates presented in Section 5.3 are based on a number of assumptions outlined in this report, primarily: O&M revenue requirements, capital revenue requirements, number of users, and water sales. While actual expenditures rarely are exactly equal to the budget, utilities are very good at forecasting and managing expenditures. The most volatile variable in the forecasting model is water sales, which can be attributed to factors outside the control of the utility – primarily weather. Rate-setting approaches generally involve making a realistic but conservative estimate of future water sales. If sales are overestimated, rates can be set too low to obtain the required revenue, while taking an overly conservative approach and greatly underestimating sales can result in rate increases that place an undue burden on the users. In the end, projecting water sales involves determining the amount of risk that can be reasonably accepted by the utility. To assess the potential risk to the City of Billings, a probabilistic revenue forecasting model developed by the Alliance for Water Efficiency was utilized. The model evaluates the probability of varying levels of water sales and revenue based on a minimum of 15 years of monthly maximum temperature and total rainfall values and a recent year of billed water sales. For the purpose of this analysis, actual meter and flow data (existing fire services) from FY16 was evaluated based on 17 years of weather data. Table 6.1 summarizes the total precipitation by (fiscal) year for the City of Billings and indicates that the 17-year average is 12.95 inches. Table 6.1: Precipitation Data, City of Billings (National Oceanic and Atmospheric Administration) FY Inches of Precipitation Average 12.95 2016 11.32 2015 11.72 2014 18.96 2013 10.06 2012 9.48 2011 23.03 2010 14.90 2009 13.89 2008 12.80 2007 16.99 2006 12.66 2005 14.24 2004 8.03 2003 10.96 2002 8.82 2001 11.33 2000 10.95 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 5-2 A review of recent annual residential water sales as compared to precipitation found that the City of Billings’ water use patterns followed a predictable pattern – there is a general inverse relationship between water use and precipitation, as show in Figure 6.1. Other factors considered in the revenue forecasting model included existing and projected water rates, growth factors, and demand elasticity factors. Once all data was entered, the model ran through 1,000 simulations to project the average, maximum, and minimum water sales and revenue values. The model results are shown in Figure 6.2 and Table 6.2. Figure 6.1: Precipitation Data vs Residential Water Sales, City of Billings 0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 0.00 5.00 10.00 15.00 20.00 25.00 Annual Residential Water Sales (CCF) Inches of Precipitation Fiscal Year Annual Rainfall Totals - Billings, MT Total Annual Rainfall Water Sales | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 5-3 Figure 6.2: Probabilistic Revenue Forecast for FY18 Table 6.2: Estimated Probability of Achieving Revenue at Varying Targets (FY18) Figure 6.2 and Table 6.2 give an illustration of the risk associated with adoption of the FY18 rates. Total FY18 rate revenues, excluding fire protection, from Table 5.12, are $23.6M. Figure 6.2 would suggest it is highly improbable to obtain revenues at that level. However, there are other factors that warrant consideration when determining the City’s comfort with the level of risk associated with the current water sales projections. Although the revenue forecasting model indicated that target revenue of $23.6M is not achieved at a high confidence interval, it should be noted that:  Given that the City’s O&M expenditures are typically less than budgeted (for the most recent three-year period the average was 89.7 percent), it is reasonable to assume for the purposes of the forecast modeling that total target revenue requirements for FY18 could be reduced by $1.3M with no anticipated net impact on cash position of the utility. If this were the case, total rate revenue requirements would be reduced to $22.3M.  With a target revenue of near $22M, there is nearly a 90 percent chance of generating revenues at this level.  The City has healthy cash reserves that can be used to offset near-term revenue shortfalls should they occur. In summary, reducing water sales projections based solely on the outputs of the water sales forecasting from the model would require the City to implement increases in excess of those 0% 20% 40% 60% 80% 100% 0 50 100 150 Cumulative % of Outcomes Frequency of Outcomes Sales Revenue (Thou. $) Annual Service Charge and Sales Revenue Simulation Distributions Under Current Rates Under Proposed Rates | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study 5-4 currently proposed, which does not seem prudent given the factors noted above. As long as the City continues its practice of evaluating rates at least once every two years and maintaining a healthy cash position, it appears that the maximum revenue shortfall as predicted by the forecasting model could be readily offset using existing cash reserves should a shortfall materialize. | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study A-1 Appendix A: Fixed Asset Tables Fixed Asset Original Cost Annual Depreciation Accumulated Depreciation Through FY2016 Net Fixed Assets (Book Value FY18) FY18 Allocated Depreciation Expense Net Fixed Assets (Book Value FY19) FY19 Allocated Depreciation Expense Source of Supply #2 River Intake $4,472,094 $38,651 $940,808 $3,454,133 $38,651 $3,415,500 $38,651 #2 Low Duty PS 358,304 0 358,304 0 0 0 0 #1 Intake Chnl Hdwrk 2,945,079 86,924 778,486 1,994,421 86,924 5,420,643 158,621 #1 Low Duty PS 2,588,449 91,564 461,016 1,944,305 91,564 1,852,700 91,564 River Riprap 0 0 0 80,000 2,667 77,300 2,667 WATER MANAGEMENT PLAN/DROUGHT PLANNING 0 0 0 0 0 1,873,220 38,640 Total Source of Supply $10,363,925 $217,139 $2,538,614 $7,472,859 $219,806 $12,639,363 $330,143 Water Treatment Plant Maint. Wrhs $17,990 $0 $17,990 $0 $0 0 0 Maint. & Persnl. Bldg. 68,310 0 68,310 0 0 0 0 Chem Bldg & Trtmnt Bsn 10,441,678 152,942 3,312,777 16,122,136 285,786 15,984,157 287,929 Filter Bldg, Clr Bsn & PS 29,911,726 1,038,756 10,602,239 17,233,290 1,038,756 16,253,643 1,039,613 Clear Well Standpipe 5,827,516 199,205 2,362,113 3,796,406 221,088 3,575,300 221,088 Yard Piping & Flumes 3,049,545 13,950 2,997,232 174,413 16,950 157,500 16,950 Site Work & Landscp 120,139 15,195 60,366 29,383 15,195 14,200 14,200 Plant Elec. Shop 559,167 18,639 159,984 1,061,905 32,639 1,666,300 45,639 WTP Rapid Mix Study, Lab renov, Backup Power 0 0 0 0 0 0 0 Total Water Treatment $49,996,071 $1,438,687 $19,581,010 $38,417,533 $1,610,414 $37,651,100 $1,625,419 High Service Pumping Station $8,713,705 $307,903 $5,333,566 $2,766,698 $307,903 $2,458,800 307,903 Distribution System PS WILLETT Reservoir 742,693 49,768 625,680 17,476 49,768 0 0 WILLETT PS #1 881,728 44,086 686,575 162,358 44,086 118,300 0 WALTER PS 3,668,523 122,918 879,430 2,543,257 122,918 2,420,300 44,086 BOOSTER ST-12 AV N & N27 6,230 0 0 6,230 0 6,200 122,918 WILLETT SP #2 0 0 0 0 0 0 0 LEAVENS PS 869,347 1,945 832,553 32,904 1,945 31,000 1,945 STAPLES PS #1 2,741,800 83,045 833,222 1,742,489 83,045 1,659,400 83,045 FOX PS (Zone 4) 202,593 6,078 77,494 112,942 6,078 2,221,067 41,912 WALDO PS 452,109 7,794 152,706 283,816 7,794 276,000 7,794 VOELKER PUMP-29W & MONAD 910,150 39,652 577,457 253,707 39,652 1,197,433 56,318 CHAPPLE PS 1,238,738 18,194 929,475 272,874 18,194 254,700 18,194 Terrace Estates PS 255,748 8,525 43,329 195,368 8,525 186,800 8,525 THOMAS PS 79,522 71 907 78,473 71 78,400 71 Total Distribution System PS 12,049,178 382,077 5,638,827 5,701,893 382,077 8,449,600 384,808 Reservoirs & Tanks Leavens #1 $80,527 $0 $80,527 $0 $0 $912,000 19,000 Ironwood $137,024 $0 $0 $137,024 $0 $137,000 0 Staples #1 2,145,187 78,676 1,433,849 553,984 78,676 $475,300 78,676 Staples #2 1,065,870 53,294 119,911 839,373 53,294 $786,100 53,294 Staples #3 72,559 1,401 68,940 817 1,401 $0 0 Fox 3,661,314 156,851 861,595 2,492,426 156,851 $4,442,600 199,851 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study A-2 Fixed Asset Original Cost Annual Depreciation Accumulated Depreciation Through FY2016 Net Fixed Assets (Book Value FY18) FY18 Allocated Depreciation Expense Net Fixed Assets (Book Value FY19) FY19 Allocated Depreciation Expense Waldo 40,509 0 40,509 0 0 $0 0 Logan 330,763 969 327,453 1,372 969 $3,917,075 80,336 Christensen 3,403,350 0 3,249,148 154,202 0 $154,200 0 Zone 4 7,341,460 153,754 663,898 6,372,218 153,754 $7,178,500 173,754 Zone 3 6,579,214 131,584 10,965 6,306,225 131,607 $8,134,600 151,607 Zone 4 3,515,064 70,301 5,858 3,368,603 70,301 $3,298,300 70,301 Total Reservoirs & Tanks $28,372,840 $646,831 $6,862,652 $20,226,245 $646,854 $29,435,675 $826,819 T&D System TRANSMISSION MAINS = 12" 22,864,161 457,283 1,509,223 19,696,888 457,283 19,239,600 457,283 DISTRIBUTION MAINS 63,953,111 1,410,677 25,172,949 37,625,594 1,443,632 45,129,512 1,628,601 TRANSMISSION MAINS > 12" 62,827,100 1,354,380 25,411,002 35,994,326 1,379,789 41,252,404 1,516,045 Total T&D $149,644,372 $3,222,341 $52,093,173 $93,316,808 $3,280,704 $105,621,515 $3,601,929 Meters & Hydrants Service Connections $29,182 $0 $29,182 $0 $0 $0 0 Meters 3,225,935 6,811 3,145,916 66,397 6,811 $59,600 6,811 Hydrants 4,029,719 111,871 1,821,825 1,985,756 111,871 $1,873,900 111,871 Hydrant Mains 1,289,801 21,188 987,729 260,797 21,188 $239,600 21,188 Total Meters & Hydrants $8,574,636 $139,870 $5,984,652 $2,312,950 $139,870 $2,173,100 $139,870 General Plant Utilities Service Center $661,170 $7,486 $523,199 $410,999 $16,126 $394,900 16,126 Cold Storage Bldg. 188,305 3,206 123,119 58,774 3,206 $55,600 3,206 Rights & Licenses 68,101 0 68,101 0 0 $0 0 Transportation Equip. 1,309,703 123,671 757,736 318,253 123,671 $194,600 123,671 Construction Equip. 1,030,965 31,158 902,089 75,676 31,158 $44,500 31,158 Lab & Test Equip. 294,566 20,247 196,270 64,166 20,247 $43,900 20,247 Communication Equip. 487,970 42,412 223,430 184,390 42,412 $142,000 42,412 Tools & Working Equip. 352,352 14,089 310,650 561,171 32,155 $866,884 69,697 Office Furniture & Equip. 352,458 14,803 321,091 10,958 14,803 $0 0 Gas Pumps 46,833 1,095 38,879 5,764 1,095 $4,700 1,095 Heated Stg Bldg & Stg Yd 74,304 663 66,011 6,965 663 $6,300 663 Total General Plant $4,866,727 $258,831 $3,530,574 $1,697,117 $285,536 $1,753,384 $308,275 Grand Total $272,581,454 $6,613,678 $101,563,068 $171,912,102 $6,873,163 $200,182,538 $7,525,167 Less CIAC Voelker Pump ($127,678) $0 ($127,360) $0 $0 $0 0 METERS ($3,089,721) $0 ($3,089,721) $0 $0 $0 0 Fox Reservoir (154,511) 0 (154,511) $0 0 $0 0 Transmission Mains (5,975,662) (119,513) (427,730) ($5,308,905) (119,513) ($5,189,400) (119,513) Distribution (22,682,450) (425,330) (8,825,847) ($13,017,709) (425,330) ($12,592,400) (425,330) Hydrants (1,230,501) (30,984) (796,861) ($373,216) (30,984) ($342,200) (30,984) Hydrant Mains (621,171) (13,534) (446,165) ($148,980) (13,534) ($135,400) (13,534) High Service Pumping Station (973,964) (64,931) (248,902) ($595,200) (64,931) ($530,300) (64,931) #2 RIVER INTAKE (25,974) 0 0 ($25,974) 0 ($25,974) 0 CHEM BLDG & TREATMENT (3,671,748) (36,717) (599,719) ($2,998,595) (36,717) ($2,961,900) (36,717) TRANSMISSION MAINS > 12" (10,105,440) (211,372) (5,828,355) ($3,870,067) (211,372) ($3,658,700) (211,372) Laboratory and Testing Equip (15,324) 0 (15,324) $0 0 $0 0 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study A-3 Fixed Asset Original Cost Annual Depreciation Accumulated Depreciation Through FY2016 Net Fixed Assets (Book Value FY18) FY18 Allocated Depreciation Expense Net Fixed Assets (Book Value FY19) FY19 Allocated Depreciation Expense Total CIAC ($48,674,143) ($902,382) ($20,560,494) ($26,338,644) ($902,382) ($25,436,274) ($902,382) Net Fixed Assets & Depreciation $223,907,311 $5,711,296 $81,002,574 $145,573,458 $5,970,781 $174,746,265 $6,622,785 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-1 Appendix B: Detailed Allocation Tables Table B.1: Summary of Customer Service Characteristics - Joint Table B.2: Summary of Customer Service Characteristics – All-But-Resale Customer Class Base Max Day Max Hour Customer Meter Direct Fire Owners Single Family Residential 43.9% 47.7% 26.7% 88.3% 79.7% 0.0% Multi-Family Residential 7.7% 3.9% 7.6% 2.4% 5.0% 0.0% Commercial 19.8% 10.1% 10.7% 7.5% 12.8% 0.0% Industrial 0.3% 0.1% 0.1% 0.0% 0.1% 0.0% Seasonal 6.3% 10.7% 6.8% 0.8% 1.2% 0.0% Public Fire Protection 0.0% 8.5% 30.7% 0.0% 0.0% 86.4% Private Fire Protection 0.0% 1.3% 4.6% 0.0% 0.0% 13.0% Non-Owners Residential 0.4% 0.4% 0.2% 0.8% 0.7% 0.0% Commercial 10.1% 5.1% 5.5% 0.1% 0.4% 0.0% Resale 11.6% 12.1% 6.8% 0.0% 0.1% 0.0% Private Fire Protection 0.0% 0.1% 0.2% 0.0% 0.0% 0.5% Total - Joint 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Customer Class Base Max Day Max Hour Customer Meter Direct Fire Owners Single Family Residential 49.6% 54.2% 28.7% 88.3% 79.8% 0.0% Multi-Family Residential 8.7% 4.5% 8.1% 2.4% 5.0% 0.0% Commercial 22.4% 11.5% 11.5% 7.5% 12.8% 0.0% Industrial 0.3% 0.1% 0.1% 0.0% 0.1% 0.0% Seasonal 7.1% 12.1% 7.3% 0.8% 1.2% 0.0% Public Fire Protection 0.0% 9.7% 32.9% 0.0% 0.0% 86.4% Private Fire Protection 0.0% 1.5% 5.0% 0.0% 0.0% 13.0% Non-Owners 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Residential 0.5% 0.5% 0.3% 0.8% 0.7% 0.0% Commercial 11.4% 5.8% 5.9% 0.1% 0.4% 0.0% Resale 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Private Fire Protection 0.0% 0.1% 0.2% 0.0% 0.0% 0.5% Total - Joint 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-2 Table B.3: Summary of Customer Service Characteristics – Owner Table B.4: Summary of Customer Service Characteristics – Resale Customer Class Base Max Day Max Hour Customer Meter Direct Fire Owners Single Family Residential 56.3% 57.9% 30.6% 89.2% 80.7% 0.0% Multi-Family Residential 9.9% 4.8% 8.7% 2.4% 5.0% 0.0% Commercial 25.4% 12.2% 12.3% 7.6% 12.9% 0.0% Industrial 0.4% 0.1% 0.1% 0.0% 0.1% 0.0% Seasonal 8.1% 13.0% 7.8% 0.8% 1.3% 0.0% Public Fire Protection 0.0% 10.4% 35.2% 0.0% 0.0% 86.9% Private Fire Protection 0.0% 1.6% 5.3% 0.0% 0.0% 13.1% Total - Owner 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Customer Class Base Max Day Max Hour Customer Meter Direct Fire Non-Owners Residential 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Commercial 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Resale 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Private Fire Protection 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Total - Resale 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-3 Table B.5: Joint O&M Costs by Functional Cost Component – FY18 Line Item Total Base Max Day Max Hour Customer Meter Direct Fire Water Production Chemicals $484,155 $484,155 $0 $0 $0 $0 $0 All Other 2,558,671 1,163,032 1,395,639 0 0 0 0 High Service Pumping Utilities 1,169,931 935,945 233,986 0 0 0 0 All Other 27,513 12,506 15,007 0 0 0 0 System Pumping & Storage Utilities 42,742 34,194 8,548 0 0 0 0 All Other 15,980 7,263 8,716 0 0 0 0 Distribution System Fire Hydrants 0 0 0 0 0 0 0 All Other 744,038 218,835 262,602 262,602 0 0 0 Customer Billing & Meter 2,390,595 0 0 0 970,582 1,420,013 0 Admin.2,042,121 509,304 611,165 190,734 271,917 397,830 61,171 O&M - Total $9,475,747 $3,365,235 $2,535,663 $453,336 $1,242,499 $1,817,843 $61,171 Less: O&M Non-Rate Rev Water Permits $0 $0 $0 $0 $0 $0 $0 Misc. Revenue 0 0 0 0 0 0 0 Collection of Bad Debt 0 0 0 0 0 0 0 Sale of Material/Labor 0 0 0 0 0 0 0 Public Water Supply 0 0 0 0 0 0 0 Franchise Fee 838,306 320,792 223,654 60,814 86,698 126,844 19,504 Water Srvc Line Repair 0 0 0 0 0 0 0 Water Srvc Line Admin.0 0 0 0 0 0 0 Hydrant Mtr Rental Fee 0 0 0 0 0 0 0 Charge for Services 0 0 0 0 0 0 0 Total O&M Non-Rate Rev $838,306 $320,792 $223,654 $60,814 $86,698 $126,844 $19,504 Total Joint O&M Rev Req. $8,637,441 $3,044,442 $2,312,010 $392,522 $1,155,801 $1,690,999 $41,668 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-4 Table B.6: All-But-Resale O&M Costs by Functional Cost Component – FY18 Line Item Total Base Max Day Max Hour Customer Meter Direct Fire Water Production Chemicals $55,845 $55,845 $0 $0 $0 $0 $0 All Other 295,129 134,149 160,979 0 0 0 0 High Service Pumping Utilities 134,945 107,956 26,989 0 0 0 0 All Other 3,173 1,442 1,731 0 0 0 0 System Pumping & Storage Utilities 198,673 158,938 39,735 0 0 0 0 All Other 74,276 33,762 40,514 0 0 0 0 Distribution System Fire Hydrants 243,530 0 0 0 0 0 243,530 All Other 1,060,419 311,888 374,265 374,265 0 0 0 Customer Billing & Meter 275,742 0 0 0 111,951 163,791 0 Admin.235,547 58,745 70,495 22,000 31,364 45,887 7,056 O&M - Total $2,577,279 $862,726 $714,708 $396,266 $143,315 $209,678 $250,586 Less: O&M Non-Rate Rev Water Permits $0 $0 $0 $0 $0 $0 $0 Misc. Revenue 0 0 0 0 0 0 0 Collection of Bad Debt 0 0 0 0 0 0 0 Sale of Material/Labor 0 0 0 0 0 0 0 Public Water Supply 0 0 0 0 0 0 0 Franchise Fee 96,694 37,002 25,797 7,015 10,000 14,631 2,250 Water Srvc Line Repair 0 0 0 0 0 0 0 Water Srvc Line Admin.0 0 0 0 0 0 0 Hydrant Mtr Rental Fee 0 0 0 0 0 0 0 Charge for Services 0 0 0 0 0 0 0 Total O&M Non-Rate Rev $96,694 $37,002 $25,797 $7,015 $10,000 $14,631 $2,250 Total All-But-Resale O&M Rev Req.$2,480,585 $825,724 $688,910 $389,251 $133,315 $195,047 $248,337 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-5 Table B.7: Owner O&M Costs by Functional Cost Component – FY18 Line Item Total Base Max Day Max Hour Customer Meter Direct Fire Water Production Chemicals $0 $0 $0 $0 $0 $0 $0 All Other 0 0 0 0 0 0 0 High Service Pumping Utilities 0 0 0 0 0 0 0 All Other 0 0 0 0 0 0 0 System Pumping & Storage Utilities 218,576 174,861 43,715 0 0 0 0 All Other 81,717 37,144 44,573 0 0 0 0 Distribution System Fire Hydrants 0 0 0 0 0 0 0 All Other 346,987 102,055 122,466 122,466 0 0 0 Customer Billing & Meter 0 0 0 0 0 0 0 Admin.0 0 0 0 0 0 0 O&M - Total $647,280 $314,060 $210,754 $122,466 $0 $0 $0 Less: O&M Non-Rate Rev 3121 Street Sprinkling $1,400 $536 $374 $102 $145 $212 $33 3122 Sewer Flushing $5,200 $1,990 $1,387 $377 $538 $787 $121 Water Permits $55,000 $21,047 $14,674 $3,990 $5,688 $8,322 $1,280 Misc. Revenue 14,200 5,434 3,788 1,030 1,469 2,149 330 Collection of Bad Debt 10,000 3,827 2,668 725 1,034 1,513 233 Sale of Material/Labor 275,000 105,233 73,368 19,949 28,441 41,610 6,398 Public Water Supply 61,000 23,343 16,274 4,425 6,309 9,230 1,419 Franchise Fee 0 0 0 0 0 0 0 Water Srvc Line Repair 435,000 166,460 116,055 31,556 44,988 65,820 10,121 Water Srvc Line Admin.30,000 11,480 8,004 2,176 3,103 4,539 698 Hydrant Mtr Rental Fee 30,000 11,480 8,004 2,176 3,103 4,539 698 Charge for Services 70,000 26,787 18,675 5,078 7,239 10,592 1,629 Total O&M Non-Rate Rev $986,800 $377,616 $263,271 $71,586 $102,056 $149,313 $22,959 Total Owner O&M Rev Req. ($339,520) ($63,556) ($52,517) $50,880 ($102,056) ($149,313) ($22,959) | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-6 Table B.8: Resale O&M Costs by Functional Cost Component – FY18 Table B.9: Allocation of Joint O&M Costs to Customer Class – FY18 Line Item Total Base Max Day Max Hour Customer Meter Direct Fire Water Production Chemicals $0 $0 $0 $0 $0 $0 $0 All Other 0 0 0 0 0 0 0 High Service Pumping Utilities 0 0 0 0 0 0 0 All Other 0 0 0 0 0 0 0 System Pumping & Storage Utilities 32,483 25,986 6,497 0 0 0 0 All Other 12,144 5,520 6,624 0 0 0 0 Distribution System Fire Hydrants 0 0 0 0 0 0 0 All Other 0 0 0 0 0 0 0 Customer Billing & Meter 0 0 0 0 0 0 0 Admin.0 0 0 0 0 0 0 O&M - Total $44,627 $31,506 $13,121 $0 $0 $0 $0 Less: O&M Non-Rate Rev $0 $0 $0 $0 $0 $0 $0 Total Joint O&M Rev Req. $44,627 $31,506 $13,121 $0 $0 $0 $0 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Single Family Residential $1,335,710 $1,102,100 $104,874 $1,020,810 $1,346,883 $0 $4,910,378 Multi-Family Residential $235,017 $90,897 $29,656 $27,813 $84,082 $0 $467,465 Commercial 601,840 232,772 42,191 86,847 216,094 0 1,179,744 Industrial 8,786 2,265 246 78 1,498 0 12,873 Seasonal 191,235 246,545 26,812 9,166 21,099 0 494,857 Public Fire Protection 0 197,599 120,471 0 0 36,018 354,089 Private Fire Protection 0 29,785 18,159 0 0 5,429 53,373 Non-Owners Residential $12,466 $10,286 $979 $9,441 $12,436 $0 $45,608 Commercial 307,094 118,774 21,528 1,606 6,787 0 455,790 Resale 352,293 279,778 26,870 39 2,121 0 661,102 Private Fire Protection 0 1,207 736 0 0 220 2,163 Total - Joint $3,044,442 $2,312,010 $392,522 $1,155,801 $1,690,999 $41,668 $8,637,441 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-7 Table B.10: Allocation of All-But-Resale O&M Costs to Customer Class – FY18 Table B.11: Allocation of Owner O&M Costs to Customer Class – FY18 Table B.12: Allocation of Resale O&M Costs to Customer Class – FY18 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Single Family Residential $409,683 $373,603 $111,642 $117,749 $155,551 $0 $1,168,229 Multi-Family Residential $72,084 $30,813 $31,570 $3,208 $9,711 $0 $147,385 Commercial 184,594 78,908 44,914 10,018 24,957 0 343,390 Industrial 2,695 768 262 9 173 0 3,907 Seasonal 58,655 83,577 28,543 1,057 2,437 0 174,268 Public Fire Protection 0 66,985 128,246 0 0 214,668 409,899 Private Fire Protection 0 10,097 19,331 0 0 32,357 61,785 Non-Owners Residential $3,824 $3,487 $1,042 $1,089 $1,436 $0 $10,878 Commercial 94,191 40,263 22,918 185 784 0 158,341 Resale 0 0 0 0 0 0 0 Private Fire Protection 0 409 783 0 0 1,311 2,504 Total - Joint $825,724 $688,910 $389,251 $133,315 $195,047 $248,337 $2,480,585 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Single Family Residential ($35,781) ($30,431) $15,584 ($91,009) ($120,448)$0 ($262,085) Multi-Family Residential ($6,296) ($2,510) $4,407 ($2,480) ($7,519)$0 ($14,398) Commercial (16,122) (6,427) 6,269 (7,743) (19,325)0 (43,347) Industrial (235) (63)37 (7) (134)0 (402) Seasonal (5,123) (6,808) 3,984 (817) (1,887)0 (10,650) Public Fire Protection 0 (5,456) 17,901 0 0 (19,951) (7,506) Private Fire Protection 0 (822) 2,698 0 0 (3,007) (1,131) Total - Owner ($63,556) ($52,517) $50,880 ($102,056) ($149,313) ($22,959) ($339,520) Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Non-Owners Residential $0 $0 $0 $0 $0 $0 $0 Commercial 0 0 0 0 0 0 0 Resale 31,506 13,121 0 0 0 0 44,627 Private Fire Protection 0 0 0 0 0 0 0 Total - Resale $31,506 $13,121 $0 $0 $0 $0 $44,627 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-8 Table B.13: Joint O&M Costs by Functional Cost Component – FY19 Line Item Total Base Max Day Max Hour Customer Meter Direct Fire Water Production Chemicals $495,976 $495,976 $0 $0 $0 $0 $0 All Other $2,621,142 $1,191,428 $1,429,714 $0 $0 $0 $0 High Service Pumping Utilities $1,198,496 $958,796 $239,699 $0 $0 $0 $0 All Other $28,184 $12,811 $15,373 $0 $0 $0 $0 System Pumping & Storage Utilities $43,786 $35,029 $8,757 $0 $0 $0 $0 All Other $16,370 $7,441 $8,929 $0 $0 $0 $0 Distribution System Fire Hydrants $0 $0 $0 $0 $0 $0 $0 All Other $762,204 $224,178 $269,013 $269,013 $0 $0 $0 Customer Billing & Meter $2,448,963 $0 $0 $0 $994,279 $1,454,684 $0 Admin.$2,091,981 $521,739 $626,087 $195,391 $278,556 $407,543 $62,665 O&M - Total $9,707,102 $3,447,399 $2,597,573 $464,404 $1,272,835 $1,862,227 $62,665 Less: O&M Non-Rate Rev Water Permits $0 $0 $0 $0 $0 $0 $0 Misc. Revenue $0 $0 $0 $0 $0 $0 $0 Collection of Bad Debt $0 $0 $0 $0 $0 $0 $0 Sale of Material/Labor $0 $0 $0 $0 $0 $0 $0 Public Water Supply $0 $0 $0 $0 $0 $0 $0 Franchise Fee $865,204 $331,085 $230,830 $62,765 $89,480 $130,914 $20,130 Water Srvc Line Repair $0 $0 $0 $0 $0 $0 $0 Water Srvc Line Admin.$0 $0 $0 $0 $0 $0 $0 Hydrant Mtr Rental Fee $0 $0 $0 $0 $0 $0 $0 Charge for Services $0 $0 $0 $0 $0 $0 $0 Total O&M Non-Rate Rev $865,204 $331,085 $230,830 $62,765 $89,480 $130,914 $20,130 Total Joint O&M Rev Req. $8,841,899 $3,116,314 $2,366,743 $401,639 $1,183,355 $1,731,313 $42,535 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-9 Table B.14: All-But-Resale O&M Costs by Functional Cost Component – FY19 Line Item Total Base Max Day Max Hour Customer Meter Direct Fire Water Production Chemicals $57,208 $57,208 $0 $0 $0 $0 $0 All Other $302,334 $137,425 $164,910 $0 $0 $0 $0 High Service Pumping Utilities $138,240 $110,592 $27,648 $0 $0 $0 $0 All Other $3,251 $1,478 $1,773 $0 $0 $0 $0 System Pumping & Storage Utilities $203,523 $162,819 $40,705 $0 $0 $0 $0 All Other $76,089 $34,586 $41,503 $0 $0 $0 $0 Distribution System Fire Hydrants $249,476 $0 $0 $0 $0 $0 $249,476 All Other $1,086,309 $319,503 $383,403 $383,403 $0 $0 $0 Customer Billing & Meter $282,474 $0 $0 $0 $114,685 $167,790 $0 Admin.$241,298 $60,180 $72,216 $22,537 $32,130 $47,008 $7,228 O&M - Total $2,640,204 $883,790 $732,158 $405,941 $146,815 $214,798 $256,704 Less: O&M Non-Rate Rev Water Permits $0 $0 $0 $0 $0 $0 $0 Misc. Revenue $0 $0 $0 $0 $0 $0 $0 Collection of Bad Debt $0 $0 $0 $0 $0 $0 $0 Sale of Material/Labor $0 $0 $0 $0 $0 $0 $0 Public Water Supply $0 $0 $0 $0 $0 $0 $0 Franchise Fee $99,796 $38,189 $26,625 $7,240 $10,321 $15,100 $2,322 Water Srvc Line Repair $0 $0 $0 $0 $0 $0 $0 Water Srvc Line Admin.$0 $0 $0 $0 $0 $0 $0 Hydrant Mtr Rental Fee $0 $0 $0 $0 $0 $0 $0 Charge for Services $0 $0 $0 $0 $0 $0 $0 Total O&M Non-Rate Rev $99,796 $38,189 $26,625 $7,240 $10,321 $15,100 $2,322 Total All-But-Resale O&M Rev Req.$2,540,408 $845,601 $705,533 $398,701 $136,493 $199,697 $254,383 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-10 Table B.15: Owner O&M Costs by Functional Cost Component – FY19 Line Item Total Base Max Day Max Hour Customer Meter Direct Fire Water Production Chemicals $0 $0 $0 $0 $0 $0 $0 All Other $0 $0 $0 $0 $0 $0 $0 High Service Pumping Utilities $0 $0 $0 $0 $0 $0 $0 All Other $0 $0 $0 $0 $0 $0 $0 System Pumping & Storage Utilities $223,912 $179,130 $44,782 $0 $0 $0 $0 All Other $83,712 $38,051 $45,661 $0 $0 $0 $0 Distribution System Fire Hydrants $0 $0 $0 $0 $0 $0 $0 All Other $355,459 $104,547 $125,456 $125,456 $0 $0 $0 Customer Billing & Meter $0 $0 $0 $0 $0 $0 $0 Admin.$0 $0 $0 $0 $0 $0 $0 O&M - Total $663,083 $321,728 $215,900 $125,456 $0 $0 $0 Less: O&M Non-Rate Rev 3121 Street Sprinkling $1,500 $574 $400 $109 $155 $227 $35 3122 Sewer Flushing $5,500 $2,105 $1,467 $399 $569 $832 $128 Water Permits $55,000 $21,047 $14,674 $3,990 $5,688 $8,322 $1,280 Misc. Revenue $14,200 $5,434 $3,788 $1,030 $1,469 $2,149 $330 Collection of Bad Debt $10,000 $3,827 $2,668 $725 $1,034 $1,513 $233 Sale of Material/Labor $275,000 $105,233 $73,368 $19,949 $28,441 $41,610 $6,398 Public Water Supply $61,000 $23,343 $16,274 $4,425 $6,309 $9,230 $1,419 Franchise Fee $0 $0 $0 $0 $0 $0 $0 Water Srvc Line Repair $435,000 $166,460 $116,055 $31,556 $44,988 $65,820 $10,121 Water Srvc Line Admin.$30,000 $11,480 $8,004 $2,176 $3,103 $4,539 $698 Hydrant Mtr Rental Fee $30,000 $11,480 $8,004 $2,176 $3,103 $4,539 $698 Charge for Services $75,000 $28,700 $20,009 $5,441 $7,757 $11,348 $1,745 Total O&M Non-Rate Rev $992,200 $379,682 $264,711 $71,978 $102,614 $150,130 $23,084 Total Owner O&M Rev Req. ($329,117) ($57,955) ($48,812) $53,478 ($102,614) ($150,130) ($23,084) | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-11 Table B.16: Resale O&M Costs by Functional Cost Component – FY19 Table B.17: Allocation of Joint O&M Costs to Customer Class – FY19 Line Item Total Base Max Day Max Hour Customer Meter Direct Fire Water Production Chemicals $0 $0 $0 $0 $0 $0 $0 All Other $0 $0 $0 $0 $0 $0 $0 High Service Pumping Utilities $0 $0 $0 $0 $0 $0 $0 All Other $0 $0 $0 $0 $0 $0 $0 System Pumping & Storage Utilities $33,276 $26,621 $6,655 $0 $0 $0 $0 All Other $12,441 $5,655 $6,786 $0 $0 $0 $0 Distribution System Fire Hydrants $0 $0 $0 $0 $0 $0 $0 All Other $0 $0 $0 $0 $0 $0 $0 Customer Billing & Meter $0 $0 $0 $0 $0 $0 $0 Admin.$0 $0 $0 $0 $0 $0 $0 O&M - Total $45,716 $32,276 $13,441 $0 $0 $0 $0 Less: O&M Non-Rate Rev $0 $0 $0 $0 $0 $0 $0 Total Joint O&M Rev Req. $45,716 $32,276 $13,441 $0 $0 $0 $0 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Single Family Residential 1,366,238 1,127,567 107,417 1,045,228 1,379,630 0 5,026,080 Multi-Family Residential 241,585 93,460 30,526 28,416 85,814 0 479,801 Commercial 615,595 238,151 43,214 88,918 220,966 0 1,206,844 Industrial 8,942 2,306 251 80 1,526 0 13,105 Seasonal 196,579 253,497 27,599 9,419 21,623 0 508,716 Public Fire Protection 0 201,165 122,782 0 0 36,769 360,716 Private Fire Protection 0 30,322 18,507 0 0 5,542 54,371 Non-Owners Residential $12,688 $10,471 $998 $9,618 $12,674 $0 $46,449 Commercial $312,550 $120,914 $21,941 $1,636 $6,917 $0 $463,958 Resale $362,138 $287,667 $27,659 $40 $2,161 $0 $679,665 Private Fire Protection $0 $1,223 $746 $0 $0 $223 $2,192 Total - Joint $3,116,314 $2,366,743 $401,639 $1,183,355 $1,731,313 $42,535 $8,841,899 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-12 Table B.18: Allocation of All-But-Resale O&M Costs to Customer Class – FY19 Table B.19: Allocation of Owner O&M Costs to Customer Class – FY19 Table B.20: Allocation of Resale O&M Costs to Customer Class – FY19 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Single Family Residential $419,469 $382,639 $114,517 $120,565 $159,332 $0 $1,196,523 Multi-Family Residential $74,173 $31,716 $32,544 $3,278 $9,911 $0 $151,620 Commercial $189,003 $80,816 $46,070 $10,257 $25,519 $0 $351,666 Industrial $2,745 $783 $268 $9 $176 $0 $3,981 Seasonal $60,355 $86,024 $29,423 $1,086 $2,497 $0 $179,385 Public Fire Protection $0 $68,265 $130,898 $0 $0 $219,900 $419,063 Private Fire Protection $0 $10,290 $19,730 $0 $0 $33,146 $63,166 Non-Owners Residential $3,896 $3,553 $1,063 $1,109 $1,464 $0 $11,086 Commercial $95,961 $41,032 $23,391 $189 $799 $0 $161,371 Resale $0 $0 $0 $0 $0 $0 $0 Private Fire Protection $0 $415 $796 $0 $0 $1,337 $2,547 Total - Joint $845,601 $705,533 $398,701 $136,493 $199,697 $254,383 $2,540,408 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Single Family Residential ($32,599) ($28,276) $16,399 ($91,510) ($121,156)$0 ($257,142) Multi-Family Residential ($5,764) ($2,344) $4,660 ($2,488) ($7,536)$0 ($13,471) Commercial ($14,688) ($5,972) $6,597 ($7,785) ($19,405)$0 ($41,253) Industrial ($213) ($58)$38 ($7) ($134)$0 ($374) Seasonal ($4,690) ($6,357) $4,213 ($825) ($1,899)$0 ($9,557) Public Fire Protection $0 ($5,045) $18,745 $0 $0 ($20,061) ($6,361) Private Fire Protection $0 ($760) $2,825 $0 $0 ($3,024) ($959) Total - Owner ($57,955) ($48,812) $53,478 ($102,614) ($150,130) ($23,084) ($329,117) Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Non-Owners Residential $0 $0 $0 $0 $0 $0 $0 Commercial $0 $0 $0 $0 $0 $0 $0 Resale $32,276 $13,441 $0 $0 $0 $0 $45,716 Private Fire Protection $0 $0 $0 $0 $0 $0 $0 Total - Resale $32,276 $13,441 $0 $0 $0 $0 $45,716 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-13 Fixed Asset Joint All But Resale Owners Resale Total Source of Supply #2 River Intake $3,454,133 $0 $0 $0 $3,454,133 #2 Low Duty PS 0 0 0 0 $0 #1 Intake Chnl Hdwrk 1,994,421 0 0 0 $1,994,421 #1 LOW DUTY PUMPING STATION 1,944,305 0 0 0 $1,944,305 River Riprap 80,000 0 0 0 $80,000 WATER MANAGEMENT PLAN/DROUGHT PLANNING 0 0 0 0 $0 Total Source of Supply $7,472,859 $0 $0 $0 $7,472,859 Water Treatment Plant Maint. Wrhs 0 0 0 0 0 Maint. & Persnl. Bldg. 0 0 0 0 0 Chem Bldg & Trtmnt Bsn 16,122,136 0 0 0 16,122,136 Filter Bldg, Clr Bsn & PS 17,233,290 0 0 0 17,233,290 Clear Well Standpipe 3,796,406 0 0 0 3,796,406 Yard Piping & Flumes 174,413 0 0 0 174,413 Site Work & Landscp 29,383 0 0 0 29,383 Plant Elec. Shop 1,061,905 0 0 0 1,061,905 WTP Rapid Mix Study, Lab renov, Backup Power 0 0 0 0 0 Total Water Treatment $38,417,533 $0 $0 $0 $38,417,533 High Service Pumping Station $2,766,698 $0 $0 $0 $2,766,698 Distribution System PS Willett PS #3 $17,476 $0 $0 $0 $17,476 Willet PS #1 0 162,358 0 0 $162,358 Walter PS 0 0 1,525,954 1,017,303 $2,543,257 Booster ST-12 Av N & N27 0 6,230 0 0 $6,230 Willet PS #2 0 0 0 0 $0 Leavens PS 0 0 32,904 0 $32,904 Staples PS #1 0 1,742,489 0 0 $1,742,489 FOX PS (Zone 4) 0 112,942 0 0 $112,942 Booster ST-17 W & Poly 0 0 0 0 $0 Waldo PS 0 0 283,816 0 $283,816 Voelker Pump 0 0 253,707 0 $253,707 Chapple PS 0 272,874 0 0 $272,874 Terrace Estates PS 0 0 195,368 0 $195,368 Thomas PS 0 0 78,473 0 $78,473 Zone 6 PS 0 0 0 0 $0 Total Distribution System PS $17,476 $2,296,892 $2,370,223 $1,017,303 $5,701,893 Reservoirs & Tanks Zone 6 Reservoir $0 $0 $0 $0 $0 Leavens #1 $0 $0 $0 $0 $0 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-14 Fixed Asset Joint All But Resale Owners Resale Total Ironwood $0 $137,024 $0 $0 $137,024 Staples #1 0 553,984 0 0 $553,984 Staples #2 0 839,373 0 0 $839,373 Staples #3 0 0 817 0 $817 Fox 2,492,426 0 0 0 $2,492,426 Waldo 0 0 0 0 $0 Logan 0 0 1,372 0 $1,372 Christensen 0 0 154,202 0 $154,202 Zone 4 0 6,372,218 0 0 $6,372,218 Zone 3 0 0 6,306,225 0 $6,306,225 Zone 4 0 0 3,368,603 0 $3,368,603 Total Reservoirs & Tanks $2,492,426 $7,902,599 $9,831,219 $0 $20,226,245 T&D System Transmission Mains $35,994,326 $19,696,888 $0 $0 $55,691,214 Distribution 0 22,575,356 15,050,238 0 $37,625,594 Total T&D $35,994,326 $42,272,244 $15,050,238 $0 $93,316,808 Meters & Hydrants Service Connections $0 $0 $0 $0 $0 Meters 66,397 0 0 0 $66,397 Hydrants 0 1,985,756 0 0 $1,985,756 Hydrant Mains 0 260,797 0 0 $260,797 Total Meters & Hydrants $66,397 $2,246,553 $0 $0 $2,312,950 General Plant Utilities Service Center $410,999 $0 $0 $0 $410,999 Cold Storage Bldg. 58,774 0 0 0 $58,774 Rights & Licenses 0 0 0 0 $0 Transportation Equip. 318,253 0 0 0 $318,253 Construction Equip. 75,676 0 0 0 $75,676 Lab & Test Equip. 64,166 0 0 0 $64,166 Communication Equip. 184,390 0 0 0 $184,390 Tools & Working Equip. 561,171 0 0 0 $561,171 Office Furniture & Equip. 10,958 0 0 0 $10,958 Gas Pumps 5,764 0 0 0 $5,764 Heated Stg Bldg & Stg Yd 6,965 0 0 0 $6,965 Total General Plant 1,697,117 0 0 0 1,697,117 Grand Total $88,924,832 $54,718,288 $27,251,679 $1,017,303 $171,912,102.18 Less CIAC Voelker Pump $0 $0 $0 $0 $0 Fox Reservoir 0 0 0 0 0 Transmission Mains 0 (5,308,905) 0 0 (5,308,905) Distribution 0 (7,810,625) (5,207,083) 0 (13,017,709) Hydrants 0 (373,216) 0 0 (373,216) | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-15 Fixed Asset Joint All But Resale Owners Resale Total Hydrant Mains 0 (148,980) 0 0 (148,980) High Service Pumping Station (595,200) 0 0 0 (595,200) #2 River Intake (25,974) 0 0 0 (25,974) Chem Bldg & Trtmnt (2,998,595) 0 0 0 (2,998,595) TRANSMISSION MAINS > 12" (3,870,067) 0 0 0 (3,870,067) Total CIAC ($3,619,768) ($13,641,726) ($5,207,083) $0 ($26,338,644) Net $85,305,064 $41,076,561 $22,044,596 $1,017,303 $145,573,458 Table B.21: Allocation of Net Fixed Assets to Ownership Categories – FY18 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-16 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Source of Supply #2 River Intake $3,454,133 $0 $0 $0 $0 $0 $3,454,133 #2 Low Duty PS 0 0 0 0 0 0 $0 #1 Intake Chnl Hdwrk 906,555 1,087,866 0 0 0 0 $1,994,421 #1 Low Duty PS 883,775 1,060,530 0 0 0 0 $1,944,305 River Riprap 36,364 43,636 0 0 0 0 $80,000 WATER MANAGEMENT PLAN/DROUGHT PLANNING 0 0 0 0 0 0 $0 Total Source of Supply $5,280,827 $2,192,032 $0 $0 $0 $0 $7,472,859 Water Treatment Plant Maint. Wrhs $0 $0 $0 $0 $0 $0 $0 Maint. & Persnl. Bldg. 0 0 0 0 0 0 $0 Chem Bldg & Trtmnt Bsn 7,328,244 8,793,892 0 0 0 0 $16,122,136 Filter Bldg, Clr Bsn & PS 7,833,314 9,399,976 0 0 0 0 $17,233,290 Clear Well Standpipe 1,725,639 2,070,767 0 0 0 0 $3,796,406 Yard Piping & Flumes 79,278 95,134 0 0 0 0 $174,413 Site Work & Landscp 29,383 0 0 0 0 0 $29,383 Plant Elec. Shop 482,684 579,221 0 0 0 0 $1,061,905 WTP Rapid Mix Study, Lab renov, Backup Power 0 0 0 0 0 0 $0 Total Water Treatment $17,478,542 $20,938,991 $0 $0 $0 $0 $38,417,533 High Service Pumping Station $1,257,590 $1,509,108 $0 $0 $0 $0 $2,766,698 Distribution System PS Willett PS #3 $5,140 $6,168 $6,168 $0 $0 $0 $17,476 Willet PS #1 73,799 88,559 0 0 0 0 $162,358 Walter PS 1,156,026 1,387,231 0 0 0 0 $2,543,257 Booster ST-12 Av N & N27 1,832 2,199 2,199 0 0 0 $6,230 Willet PS #2 0 0 0 0 0 0 $0 Leavens PS 14,956 17,948 0 0 0 0 $32,904 Staples PS #1 792,040 950,448 0 0 0 0 $1,742,489 FOX PS (Zone 4) 51,337 61,605 0 0 0 0 $112,942 Booster ST-17 W & Poly 0 0 0 0 0 0 $0 Waldo PS 129,007 154,809 0 0 0 0 $283,816 Voelker Pump 115,322 138,386 0 0 0 0 $253,707 Chapple PS 124,033 148,840 0 0 0 0 $272,874 Terrace Estates PS 88,804 106,565 0 0 0 0 $195,368 Thomas PS 35,669 42,803 0 0 0 0 $78,473 Zone 6 PS 0 0 0 0 0 0 $0 Total Distribution System PS $2,587,967 $3,105,560 $8,367 $0 $0 $0 $5,701,893 Reservoirs & Tanks Zone 6 Reservoir $0 $0 $0 $0 $0 $0 $0 Leavens #1 $0 $0 $0 $0 $0 $0 $0 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-17 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Ironwood $40,301 $48,361 $48,361 $0 $0 $0 $137,024 Staples #1 162,937 195,524 195,524 0 0 0 $553,984 Staples #2 246,874 296,249 296,249 0 0 0 $839,373 Staples #3 240 288 288 0 0 0 $817 Fox 733,067 879,680 879,680 0 0 0 $2,492,426 Waldo 0 0 0 0 0 0 $0 Logan 404 484 484 0 0 0 $1,372 Christensen 70,092 84,110 0 0 0 0 $154,202 Zone 4 1,874,182 2,249,018 2,249,018 0 0 0 $6,372,218 Zone 3 1,854,772 2,225,726 2,225,726 0 0 0 $6,306,225 Briarwood 990,766 1,188,919 1,188,919 0 0 0 $3,368,603 Total Reservoirs & Tanks $5,973,634 $7,168,360 $7,084,250 $0 $0 $0 $20,226,245 T&D System Transmission Mains $16,379,769 $19,655,723 $19,655,723 $0 $0 $0 $55,691,214 Distribution 11,066,351 13,279,621 13,279,621 0 0 0 $37,625,594 Total T&D $27,446,120 $32,935,344 $32,935,344 $0 $0 $0 $93,316,808 Meters & Hydrants Service Connections $0 $0 $0 $0 $0 $0 $0 Meters 0 0 0 0 66,397 0 $66,397 Hydrants 0 0 0 0 0 1,985,756 $1,985,756 Hydrant Mains 0 0 0 0 0 260,797 $260,797 Total Meters & Hydrants $0 $0 $0 $0 $66,397 $2,246,553 $2,312,950 General Plant Utilities Service Center $148,195 $165,767 $91,924 $0 $190 $4,924 $410,999 Cold Storage Bldg. 21,192 23,705 13,146 0 27 704 $58,774 Rights & Licenses 0 0 0 0 0 0 $0 Transportation Equip. 114,753 128,360 71,181 0 147 3,813 $318,253 Construction Equip. 27,287 30,522 16,926 0 35 907 $75,676 Lab & Test Equip. 64,166 0 0 0 0 0 $64,166 Communication Equip. 66,486 74,369 41,241 0 85 2,209 $184,390 Tools & Working Equip. 202,342 226,335 125,512 0 259 6,723 $561,171 Office Furniture & Equip. 3,951 4,420 2,451 0 5 131 $10,958 Gas Pumps 2,078 2,325 1,289 0 3 69 $5,764 Heated Stg Bldg & Stg Yd 2,512 2,809 1,558 0 3 83 $6,965 Total General Plant $652,962 $658,612 $365,227 $0 $753 $19,562 $1,697,117 Grand Total $60,677,642 $68,508,007 $40,393,188 $0 $67,150 $2,266,115 $171,912,102 Less CIAC Voelker Pump 0 0 0 0 0 0 0 Fox Reservoir 0 0 0 0 0 0 0 Transmission Mains (1,561,443) (1,873,731) (1,873,731) 0 0 0 (5,308,905) Distribution (3,828,738) (4,594,485) (4,594,485) 0 0 0 (13,017,709) Hydrants 0 0 0 0 0 (373,216) (373,216) | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-18 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Hydrant Mains 0 0 0 0 0 (148,980) (148,980) High Service Pumping Station (270,545) (324,654) 0 0 0 0 (595,200) #2 River Intake (25,974) 0 0 0 0 0 (25,974) Chem Bldg & Trtmnt (1,362,998) (1,635,597) 0 0 0 0 (2,998,595) TRANSMISSION MAINS > 12" (1,138,255) (1,365,906) (1,365,906) 0 0 0 (3,870,067) Total CIAC (8,187,952) (9,794,374) (7,834,123) 0 0 (522,196) (26,338,644) Net 52,489,690 58,713,633 32,559,065 0 67,150 1,743,919 145,573,458 Table B.22: Allocation of Net Fixed Assets to Functional Cost Component – FY18 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-19 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Source of Supply #2 River Intake $3,454,133 $0 $0 $0 $0 $0 $3,454,133 #2 Low Duty PS 0 0 0 0 0 0 $0 #1 Intake Chnl Hdwrk 906,555 1,087,866 0 0 0 0 $1,994,421 #1 Low Duty PS 883,775 1,060,530 0 0 0 0 $1,944,305 River Riprap 36,364 43,636 0 0 0 0 $80,000 WATER MANAGEMENT PLAN/DROUGHT PLANNING 0 0 0 0 0 0 $0 Total Source of Supply $5,280,827 $2,192,032 $0 $0 $0 $0 $7,472,859 Water Treatment Plant Maint. Wrhs $0 $0 $0 $0 $0 $0 $0 Maint. & Persnl. Bldg. 0 0 0 0 0 0 $0 Chem Bldg & Trtmnt Bsn 7,328,244 8,793,892 0 0 0 0 $16,122,136 Filter Bldg, Clr Bsn & PS 7,833,314 9,399,976 0 0 0 0 $17,233,290 Clear Well Standpipe 1,725,639 2,070,767 0 0 0 0 $3,796,406 Yard Piping & Flumes 79,278 95,134 0 0 0 0 $174,413 Site Work & Landscp 29,383 0 0 0 0 0 $29,383 Plant Elec. Shop 482,684 579,221 0 0 0 0 $1,061,905 WTP Rapid Mix Study, Lab renov, Backup Power 0 0 0 0 0 0 $0 Total Water Treatment $17,478,542 $20,938,991 $0 $0 $0 $0 $38,417,533 High Service Pumping Station $1,257,590 $1,509,108 $0 $0 $0 $0 $2,766,698 Distribution System PS Willett PS #3 $5,140 $6,168 $6,168 $0 $0 $0 $17,476 Willet PS #1 0 0 0 0 0 0 $0 Walter PS 0 0 0 0 0 0 $0 Booster ST-12 Av N & N27 0 0 0 0 0 0 $0 Willet PS #2 0 0 0 0 0 0 $0 Leavens PS 0 0 0 0 0 0 $0 Staples PS #1 0 0 0 0 0 0 $0 FOX PS (Zone 4) 0 0 0 0 0 0 $0 Booster ST-17 W & Poly 0 0 0 0 0 0 $0 Waldo PS 0 0 0 0 0 0 $0 Voelker Pump 0 0 0 0 0 0 $0 Chapple PS 0 0 0 0 0 0 $0 Terrace Estates PS 0 0 0 0 0 0 $0 Thomas PS 0 0 0 0 0 0 $0 Zone 6 PS 0 0 0 0 0 0 $0 Total Distribution System PS $5,140 $6,168 $6,168 $0 $0 $0 $17,476 Reservoirs & Tanks Zone 6 Reservoir $0 $0 $0 $0 $0 $0 $0 Leavens #1 $0 $0 $0 $0 $0 $0 $0 Ironwood $0 $0 $0 $0 $0 $0 $0 Staples #1 0 0 0 0 0 0 $0 Staples #2 0 0 0 0 0 0 $0 Staples #3 0 0 0 0 0 0 $0 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-20 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Fox 733,067 879,680 879,680 0 0 0 $2,492,426 Waldo 0 0 0 0 0 0 $0 Logan 0 0 0 0 0 0 $0 Christensen 0 0 0 0 0 0 $0 Zone 4 0 0 0 0 0 0 $0 Zone 3 0 0 0 0 0 0 $0 Briarwood 0 0 0 0 0 0 $0 Total Reservoirs & Tanks $733,067 $879,680 $879,680 $0 $0 $0 $2,492,426 T&D System Transmission Mains $10,586,567 $12,703,880 $12,703,880 $0 $0 $0 $35,994,326 Distribution 0 0 0 0 0 0 $0 Total T&D $10,586,567 $12,703,880 $12,703,880 $0 $0 $0 $35,994,326 Meters & Hydrants Service Connections $0 $0 $0 $0 $0 $0 $0 Meters 0 0 0 0 66,397 0 $66,397 Hydrants 0 0 0 0 0 0 $0 Hydrant Mains 0 0 0 0 0 0 $0 Total Meters & Hydrants $0 $0 $0 $0 $66,397 $0 $66,397 General Plant Utilities Service Center $148,195 $165,767 $91,924 $0 $190 $4,924 $410,999 Cold Storage Bldg. 21,192 23,705 13,146 0 27 704 $58,774 Rights & Licenses 0 0 0 0 0 0 $0 Transportation Equip. 114,753 128,360 71,181 0 147 3,813 $318,253 Construction Equip. 27,287 30,522 16,926 0 35 907 $75,676 Lab & Test Equip. 64,166 0 0 0 0 0 $64,166 Communication Equip. 66,486 74,369 41,241 0 85 2,209 $184,390 Tools & Working Equip. 202,342 226,335 125,512 0 259 6,723 $561,171 Office Furniture & Equip. 3,951 4,420 2,451 0 5 131 $10,958 Gas Pumps 2,078 2,325 1,289 0 3 69 $5,764 Heated Stg Bldg & Stg Yd 2,512 2,809 1,558 0 3 83 $6,965 Total General Plant $652,962 $658,612 $365,227 $0 $753 $19,562 $1,697,117 Grand Total $35,994,694 $38,888,471 $13,954,955 $0 $67,150 $19,562 $88,924,832 Less CIAC Voelker Pump 0 0 0 0 0 0 0 Fox Reservoir 0 0 0 0 0 0 0 Transmission Mains 0 0 0 0 0 0 0 Distribution 0 0 0 0 0 0 0 Hydrants 0 0 0 0 0 0 0 Hydrant Mains 0 0 0 0 0 0 0 High Service Pumping Station (270,545) (324,654) 0 0 0 0 (595,200) #2 River Intake (25,974) 0 0 0 0 0 (25,974) Chem Bldg & Trtmnt (1,362,998) (1,635,597) 0 0 0 0 (2,998,595) TRANSMISSION MAINS > 12" (1,138,255) (1,365,906) (1,365,906) 0 0 0 (3,870,067) Total CIAC (2,797,771) (3,326,157) (1,365,906) 0 0 0 (7,489,835) Net 33,196,923 35,562,313 12,589,049 0 67,150 19,562 81,434,998 Table B.23: Allocation of Net Fixed Assets to Functional Cost Component – Joint – FY18 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-21 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Source of Supply #2 River Intake $0 $0 $0 $0 $0 $0 $0 #2 Low Duty PS $0 $0 $0 $0 $0 $0 $0 #1 Intake Chnl Hdwrk $0 $0 $0 $0 $0 $0 $0 #1 Low Duty PS $0 $0 $0 $0 $0 $0 $0 River Riprap $0 $0 $0 $0 $0 $0 $0 WATER MANAGEMENT PLAN/DROUGHT PLANNING $0 $0 $0 $0 $0 $0 $0 Total Source of Supply $0 $0 $0 $0 $0 $0 $0 Water Treatment Plant Maint. Wrhs $0 $0 $0 $0 $0 $0 $0 Maint. & Persnl. Bldg. $0 $0 $0 $0 $0 $0 $0 Chem Bldg & Trtmnt Bsn $0 $0 $0 $0 $0 $0 $0 Filter Bldg, Clr Bsn & PS $0 $0 $0 $0 $0 $0 $0 Clear Well Standpipe $0 $0 $0 $0 $0 $0 $0 Yard Piping & Flumes $0 $0 $0 $0 $0 $0 $0 Site Work & Landscp $0 $0 $0 $0 $0 $0 $0 Plant Elec. Shop $0 $0 $0 $0 $0 $0 $0 WTP Rapid Mix Study, Lab renov, Backup Power $0 $0 $0 $0 $0 $0 $0 Total Water Treatment $0 $0 $0 $0 $0 $0 $0 High Service Pumping Station $0 $0 $0 $0 $0 $0 $0 Distribution System PS Willett PS #3 $0 $0 $0 $0 $0 $0 $0 Willet PS #1 $73,799 $88,559 $0 $0 $0 $0 $162,358 Walter PS $0 $0 $0 $0 $0 $0 $0 Booster ST-12 Av N & N27 $1,832 $2,199 $2,199 $0 $0 $0 $6,230 Willet PS #2 $0 $0 $0 $0 $0 $0 $0 Leavens PS $0 $0 $0 $0 $0 $0 $0 Staples PS #1 $792,040 $950,448 $0 $0 $0 $0 $1,742,489 FOX PS (Zone 4) $51,337 $61,605 $0 $0 $0 $0 $112,942 Booster ST-17 W & Poly $0 $0 $0 $0 $0 $0 $0 Waldo PS $0 $0 $0 $0 $0 $0 $0 Voelker Pump $0 $0 $0 $0 $0 $0 $0 Chapple PS $124,033 $148,840 $0 $0 $0 $0 $272,874 Terrace Estates PS $0 $0 $0 $0 $0 $0 $0 Thomas PS $0 $0 $0 $0 $0 $0 $0 Zone 6 PS $0 $0 $0 $0 $0 $0 $0 Total Distribution System PS $1,043,042 $1,251,651 $2,199 $0 $0 $0 $2,296,892 Reservoirs & Tanks Zone 6 Reservoir $0 $0 $0 $0 $0 $0 $0 Leavens #1 $0 $0 $0 $0 $0 $0 $0 Ironwood $40,301 $48,361 $48,361 $0 $0 $0 $137,024 Staples #1 $162,937 $195,524 $195,524 $0 $0 $0 $553,984 Staples #2 $246,874 $296,249 $296,249 $0 $0 $0 $839,373 Staples #3 $0 $0 $0 $0 $0 $0 $0 Fox $0 $0 $0 $0 $0 $0 $0 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-22 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Waldo $0 $0 $0 $0 $0 $0 $0 Logan $0 $0 $0 $0 $0 $0 $0 Christensen $0 $0 $0 $0 $0 $0 $0 Zone 4 $1,874,182 $2,249,018 $2,249,018 $0 $0 $0 $6,372,218 Zone 3 $0 $0 $0 $0 $0 $0 $0 Briarwood $0 $0 $0 $0 $0 $0 $0 Total Reservoirs & Tanks $2,324,294 $2,789,153 $2,789,153 $0 $0 $0 $7,902,599 T&D System Transmission Mains $5,793,202 $6,951,843 $6,951,843 $0 $0 $0 $19,696,888 Distribution 6,639,811 7,967,773 7,967,773 0 0 0 $22,575,356 Total T&D $12,433,013 $14,919,616 $14,919,616 $0 $0 $0 $42,272,244 Meters & Hydrants Service Connections $0 $0 $0 $0 $0 $0 $0 Meters $0 $0 $0 $0 $0 $0 $0 Hydrants $0 $0 $0 $0 $0 $1,985,756 $1,985,756 Hydrant Mains $0 $0 $0 $0 $0 $260,797 $260,797 Total Meters & Hydrants $0 $0 $0 $0 $0 $2,246,553 $2,246,553 General Plant Utilities Service Center $0 $0 $0 $0 $0 $0 $0 Cold Storage Bldg. $0 $0 $0 $0 $0 $0 $0 Rights & Licenses $0 $0 $0 $0 $0 $0 $0 Transportation Equip. $0 $0 $0 $0 $0 $0 $0 Construction Equip. $0 $0 $0 $0 $0 $0 $0 Lab & Test Equip. $0 $0 $0 $0 $0 $0 $0 Communication Equip. $0 $0 $0 $0 $0 $0 $0 Tools & Working Equip. $0 $0 $0 $0 $0 $0 $0 Office Furniture & Equip. $0 $0 $0 $0 $0 $0 $0 Gas Pumps $0 $0 $0 $0 $0 $0 $0 Heated Stg Bldg & Stg Yd $0 $0 $0 $0 $0 $0 $0 Total General Plant $0 $0 $0 $0 $0 $0 $0 Grand Total $15,800,349 $18,960,419 $17,710,967 $0 $0 $2,246,553 $54,718,288 Less CIAC Voelker Pump 0 0 0 0 0 0 0 Fox Reservoir 0 0 0 0 0 0 0 Transmission Mains (1,561,443) (1,873,731) (1,873,731) 0 0 0 (5,308,905) Distribution (2,297,243) (2,756,691) (2,756,691) 0 0 0 (7,810,625) Hydrants 0 0 0 0 0 (373,216) (373,216) Hydrant Mains 0 0 0 0 0 (148,980) (148,980) #2 River Intake 0 0 0 0 0 0 0 Chem Bldg & Trtmnt 0 0 0 0 0 0 0 TRANSMISSION MAINS > 12" 0 0 0 0 0 0 0 Total CIAC (3,858,685) (4,630,423) (4,630,423) 0 0 (522,196) (13,641,726) Net 11,941,664 14,329,996 13,080,544 0 0 1,724,357 41,076,561 Table B.24: Allocation of Net Fixed Assets to Functional Cost Component – All-But-Resale – FY18 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-23 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Source of Supply #2 River Intake $0 $0 $0 $0 $0 $0 $0 #2 Low Duty PS 0 0 0 0 0 0 $0 #1 Intake Chnl Hdwrk 0 0 0 0 0 0 $0 #1 Low Duty PS 0 0 0 0 0 0 $0 River Riprap 0 0 0 0 0 0 $0 WATER MANAGEMENT PLAN/DROUGHT PLANNING 0 0 0 0 0 0 $0 Total Source of Supply $0 $0 $0 $0 $0 $0 $0 Water Treatment Plant Maint. Wrhs $0 $0 $0 $0 $0 $0 $0 Maint. & Persnl. Bldg. 0 0 0 0 0 0 $0 Chem Bldg & Trtmnt Bsn 0 0 0 0 0 0 $0 Filter Bldg, Clr Bsn & PS 0 0 0 0 0 0 $0 Clear Well Standpipe 0 0 0 0 0 0 $0 Yard Piping & Flumes 0 0 0 0 0 0 $0 Site Work & Landscp 0 0 0 0 0 0 $0 Plant Elec. Shop 0 0 0 0 0 0 $0 WTP Rapid Mix Study, Lab renov, Backup Power 0 0 0 0 0 0 $0 Total Water Treatment $0 $0 $0 $0 $0 $0 $0 High Service Pumping Station $0 $0 $0 $0 $0 $0 $0 Distribution System PS Willett PS #3 $0 $0 $0 $0 $0 $0 $0 Willet PS #1 0 0 0 0 0 0 $0 Walter PS 693,616 832,339 0 0 0 0 $1,525,954 Booster ST-12 Av N & N27 0 0 0 0 0 0 $0 Willet PS #2 0 0 0 0 0 0 $0 Leavens PS 14,956 17,948 0 0 0 0 $32,904 Staples PS #1 0 0 0 0 0 0 $0 FOX PS (Zone 4) 0 0 0 0 0 0 $0 Booster ST-17 W & Poly 0 0 0 0 0 0 $0 Waldo PS 129,007 154,809 0 0 0 0 $283,816 Voelker Pump 115,322 138,386 0 0 0 0 $253,707 Chapple PS 0 0 0 0 0 0 $0 Terrace Estates PS 88,804 106,565 0 0 0 0 $195,368 Thomas PS 35,669 42,803 0 0 0 0 $78,473 Zone 6 PS 0 0 0 0 0 0 $0 Total Distribution System PS $1,077,374 $1,292,849 $0 $0 $0 $0 $2,370,223 Reservoirs & Tanks Zone 6 Reservoir $0 $0 $0 $0 $0 $0 $0 Leavens #1 $0 $0 $0 $0 $0 $0 $0 Ironwood $0 $0 $0 $0 $0 $0 $0 Staples #1 0 0 0 0 0 0 $0 Staples #2 0 0 0 0 0 0 $0 Staples #3 240 288 288 0 0 0 $817 Fox 0 0 0 0 0 0 $0 Waldo 0 0 0 0 0 0 $0 Logan 404 484 484 0 0 0 $1,372 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-24 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Christensen 70,092 84,110 0 0 0 0 $154,202 Zone 4 0 0 0 0 0 0 $0 Zone 3 1,854,772 2,225,726 2,225,726 0 0 0 $6,306,225 Briarwood 990,766 1,188,919 1,188,919 0 0 0 $3,368,603 Total Reservoirs & Tanks $2,916,273 $3,499,528 $3,415,418 $0 $0 $0 $9,831,219 T&D System Transmission Mains $0 $0 $0 $0 $0 $0 $0 Distribution 4,426,540 5,311,849 5,311,849 0 0 0 $15,050,238 Total T&D $4,426,540 $5,311,849 $5,311,849 $0 $0 $0 $15,050,238 Meters & Hydrants Service Connections $0 $0 $0 $0 $0 $0 $0 Meters 0 0 0 0 0 0 $0 Hydrants 0 0 0 0 0 0 $0 Hydrant Mains 0 0 0 0 0 0 $0 Total Meters & Hydrants $0 $0 $0 $0 $0 $0 $0 General Plant Utilities Service Center $0 $0 $0 $0 $0 $0 $0 Cold Storage Bldg. 0 0 0 0 0 0 $0 Rights & Licenses 0 0 0 0 0 0 $0 Transportation Equip. 0 0 0 0 0 0 $0 Construction Equip. 0 0 0 0 0 0 $0 Lab & Test Equip. 0 0 0 0 0 0 $0 Communication Equip. 0 0 0 0 0 0 $0 Tools & Working Equip. 0 0 0 0 0 0 $0 Office Furniture & Equip. 0 0 0 0 0 0 $0 Gas Pumps 0 0 0 0 0 0 $0 Heated Stg Bldg & Stg Yd 0 0 0 0 0 0 $0 Total General Plant $0 $0 $0 $0 $0 $0 $0 Grand Total $8,420,188 $10,104,225 $8,727,266 $0 $0 $0 $27,251,679 Less CIAC Voelker Pump 0 0 0 0 0 0 0 Fox Reservoir 0 0 0 0 0 0 0 Transmission Mains 0 0 0 0 0 0 0 Distribution (1,531,495) (1,837,794) (1,837,794) 0 0 0 (5,207,083) Hydrants 0 0 0 0 0 0 0 Hydrant Mains 0 0 0 0 0 0 0 #2 River Intake 0 0 0 0 0 0 0 Chem Bldg & Trtmnt 0 0 0 0 0 0 0 Total CIAC (1,531,495) (1,837,794) (1,837,794) 0 0 0 (5,207,083) Net 6,888,693 8,266,431 6,889,472 0 0 0 22,044,596 Table B.25: Allocation of Net Fixed Assets to Functional Cost Component – Owner – FY18 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-25 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Source of Supply #2 River Intake $0 $0 $0 $0 $0 $0 $0 #2 Low Duty PS 0 0 0 0 0 0 $0 #1 Intake Chnl Hdwrk 0 0 0 0 0 0 $0 #1 Low Duty PS 0 0 0 0 0 0 $0 River Riprap 0 0 0 0 0 0 $0 WATER MANAGEMENT PLAN/DROUGHT PLANNING 0 0 0 0 0 0 $0 Total Source of Supply $0 $0 $0 $0 $0 $0 $0 Water Treatment Plant Maint. Wrhs $0 $0 $0 $0 $0 $0 $0 Maint. & Persnl. Bldg. 0 0 0 0 0 0 $0 Chem Bldg & Trtmnt Bsn 0 0 0 0 0 0 $0 Filter Bldg, Clr Bsn & PS 0 0 0 0 0 0 $0 Clear Well Standpipe 0 0 0 0 0 0 $0 Yard Piping & Flumes 0 0 0 0 0 0 $0 Site Work & Landscp 0 0 0 0 0 0 $0 Plant Elec. Shop 0 0 0 0 0 0 $0 WTP Rapid Mix Study, Lab renov, Backup Power 0 0 0 0 0 0 $0 Total Water Treatment $0 $0 $0 $0 $0 $0 $0 High Service Pumping Station $0 $0 $0 $0 $0 $0 $0 Distribution System PS Willett PS #3 $0 $0 $0 $0 $0 $0 $0 Willet PS #1 0 0 0 0 0 0 $0 Walter PS 462,410 554,893 0 0 0 0 $1,017,303 Booster ST-12 Av N & N27 0 0 0 0 0 0 $0 Willet PS #2 0 0 0 0 0 0 $0 Leavens PS 0 0 0 0 0 0 $0 Staples PS #1 0 0 0 0 0 0 $0 FOX PS (Zone 4) 0 0 0 0 0 0 $0 Booster ST-17 W & Poly 0 0 0 0 0 0 $0 Waldo PS 0 0 0 0 0 0 $0 Voelker Pump 0 0 0 0 0 0 $0 Chapple PS 0 0 0 0 0 0 $0 Terrace Estates PS 0 0 0 0 0 0 $0 Thomas PS 0 0 0 0 0 0 $0 Zone 6 PS 0 0 0 0 0 0 $0 Total Distribution System PS $462,410 $554,893 $0 $0 $0 $0 $1,017,303 Reservoirs & Tanks Zone 6 Reservoir $0 $0 $0 $0 $0 $0 $0 Leavens #1 $0 $0 $0 $0 $0 $0 $0 Ironwood $0 $0 $0 $0 $0 $0 $0 Staples #1 0 0 0 0 0 0 $0 Staples #2 0 0 0 0 0 0 $0 Staples #3 0 0 0 0 0 0 $0 Fox 0 0 0 0 0 0 $0 Waldo 0 0 0 0 0 0 $0 Logan 0 0 0 0 0 0 $0 Christensen 0 0 0 0 0 0 $0 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-26 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Zone 4 0 0 0 0 0 0 $0 Zone 3 0 0 0 0 0 0 $0 Briarwood 0 0 0 0 0 0 $0 Total Reservoirs & Tanks $0 $0 $0 $0 $0 $0 $0 T&D System Transmission Mains $0 $0 $0 $0 $0 $0 $0 Distribution 0 0 0 0 0 0 $0 Total T&D $0 $0 $0 $0 $0 $0 $0 Meters & Hydrants Service Connections $0 $0 $0 $0 $0 $0 $0 Meters 0 0 0 0 0 0 $0 Hydrants 0 0 0 0 0 0 $0 Hydrant Mains 0 0 0 0 0 0 $0 Total Meters & Hydrants $0 $0 $0 $0 $0 $0 $0 General Plant Utilities Service Center $0 $0 $0 $0 $0 $0 $0 Cold Storage Bldg. 0 0 0 0 0 0 $0 Rights & Licenses 0 0 0 0 0 0 $0 Transportation Equip. 0 0 0 0 0 0 $0 Construction Equip. 0 0 0 0 0 0 $0 Lab & Test Equip. 0 0 0 0 0 0 $0 Communication Equip. 0 0 0 0 0 0 $0 Tools & Working Equip. 0 0 0 0 0 0 $0 Office Furniture & Equip. 0 0 0 0 0 0 $0 Gas Pumps 0 0 0 0 0 0 $0 Heated Stg Bldg & Stg Yd 0 0 0 0 0 0 $0 Total General Plant $0 $0 $0 $0 $0 $0 $0 Grand Total $462,410 $554,893 $0 $0 $0 $0 $1,017,303 Less CIAC Voelker Pump 0 0 0 0 0 0 0 Fox Reservoir 0 0 0 0 0 0 0 Transmission Mains 0 0 0 0 0 0 0 Distribution 0 0 0 0 0 0 0 Hydrants 0 0 0 0 0 0 0 Hydrant Mains 0 0 0 0 0 0 0 #2 River Intake 0 0 0 0 0 0 0 Chem Bldg & Trtmnt 0 0 0 0 0 0 0 Total CIAC 0 0 0 0 0 0 0 Net 462,410 554,893 0 0 0 0 1,017,303 Table B.26: Allocation of Net Fixed Assets to Functional Cost Component – Resale | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-27 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Single Family Residental $14,564,727 $16,952,024 $3,363,539 $0 $53,485 $0 $34,933,776 Multi-Family Residential $2,562,655 $1,398,140 $951,127 $0 $3,339 $0 $4,915,261 Commercial 6,562,530 3,580,402 1,353,154 0 8,581 0 11,504,667 Industrial 95,799 34,844 7,901 0 59 0 138,604 Seasonal 2,085,244 3,792,243 859,930 0 838 0 6,738,254 Public Fire Protection 0 3,039,388 3,863,765 0 0 16,910 6,920,063 Private Fire Protection 0 458,133 582,394 0 0 2,549 1,043,076 Non-Owners Residential $135,935 $158,217 $31,393 $0 $494 $0 $326,038 Commercial 3,348,588 1,826,931 690,459 0 270 0 5,866,248 Resale 3,841,444 4,303,427 861,786 0 84 0 9,006,742 Private Fire Protection 0 18,565 23,601 0 0 103 42,269 Total - Joint $33,196,923 $35,562,313 $12,589,049 $0 $67,150 $19,562 $81,434,998 Table B.27: Allocation of Joint Related Net Fixed Assets to Customer Class – FY18 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Single Family Residental $5,924,859 $7,771,308 $3,751,679 $0 $0 $0 $17,447,846 Multi-Family Residential $1,042,475 $640,948 $1,060,884 $0 $0 $0 $2,744,308 Commercial $2,669,605 $1,641,362 $1,509,303 $0 $0 $0 $5,820,270 Industrial $38,971 $15,974 $8,813 $0 $0 $0 $63,757 Seasonal $848,267 $1,738,476 $959,162 $0 $0 $0 $3,545,905 Public Fire Protection $0 $1,393,345 $4,309,629 $0 $0 $1,490,575 $7,193,549 Private Fire Protection $0 $210,022 $649,600 $0 $0 $224,678 $1,084,299 Non-Owners Residential $55,298 $72,531 $35,015 $0 $0 $0 $162,844 Commercial $1,362,189 $837,519 $770,135 $0 $0 $0 $2,969,844 Resale $0 $0 $0 $0 $0 $0 $0 Private Fire Protection $0 $8,511 $26,324 $0 $0 $9,105 $43,939 Total - Joint $11,941,664 $14,329,996 $13,080,544 $0 $0 $1,724,357 $41,076,561 Table B.28: Allocation of All-But-Resale Related Net Fixed Assets to Customer Class – FY18 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Single Family Residental $3,878,169 $4,790,016 $2,110,126 $0 $0 $0 $10,778,311 Multi-Family Residential $682,361 $395,063 $596,693 $0 $0 $0 $1,674,117 Commercial 1,747,413 1,011,689 848,906 0 0 0 3,608,008 Industrial 25,508 9,846 4,957 0 0 0 40,311 Seasonal 555,241 1,071,548 539,480 0 0 0 2,166,268 Public Fire Protection 0 858,819 2,423,945 0 0 0 3,282,763 Private Fire Protection 0 129,452 365,366 0 0 0 494,818 Total - Owner $6,888,693 $8,266,431 $6,889,472 $0 $0 $0 $22,044,596 Table B.29: Allocation of Owner Related Net Fixed Assets to Customer Class – FY18 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-28 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Non-Owners Residential $0 $0 $0 $0 $0 $0 $0 Commercial 0 0 0 0 0 0 0 Resale 462,410 554,893 0 0 0 0 1,017,303 Private Fire Protection 0 0 0 0 0 0 0 Total - Non Owner $462,410 $554,893 $0 $0 $0 $0 $1,017,303 Table B.30: Allocation of Resale Related Net Fixed Assets to Customer Class – FY18 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-29 Fixed Asset Joint All But Resale Owners Resale Total Source of Supply #2 River Intake $38,651 $0 $0 $0 $38,651 #2 Low Duty PS 0 0 0 0 $0 #1 Intake Chnl Hdwrk 86,924 0 0 0 $86,924 #1 Low Duty PS 91,564 0 0 0 $91,564 River Riprap 2,667 0 0 0 $2,667 WATER MANAGEMENT PLAN/DROUGHT PLANNING 0 0 0 0 $0 Total Source of Supply $219,806 $0 $0 $0 $219,806 Water Treatment Plant Maint. Wrhs $0 $0 $0 $0 $0 Maint. & Persnl. Bldg. 0 0 0 0 $0 Chem Bldg & Trtmnt Bsn 285,786 0 0 0 $285,786 Filter Bldg, Clr Bsn & PS 1,038,756 0 0 0 $1,038,756 Clear Well Standpipe 221,088 0 0 0 $221,088 Yard Piping & Flumes 16,950 0 0 0 $16,950 Site Work & Landscp 15,195 0 0 0 $15,195 Plant Elec. Shop 32,639 0 0 0 $32,639 WTP Rapid Mix Study, Lab renov, Backup Power 0 0 0 0 $0 Total Water Treatment $1,610,414 $0 $0 $0 $1,610,414 High Service Pumping Station $307,903 $0 $0 $0 $307,903 Distribution System PS Willett PS #3 $49,768 $0 $0 $0 $49,768 Willet PS #1 0 44,086 0 0 $44,086 Walter PS 0 0 73,751 49,167 $122,918 Booster ST-12 Av N & N27 0 0 0 0 $0 Willet PS #2 0 0 0 0 $0 Leavens PS 0 0 1,945 0 $1,945 Staples PS #1 0 83,045 0 0 $83,045 FOX PS (Zone 4) 0 6,078 0 0 $6,078 Booster ST-17 W & Poly 0 0 0 0 $0 Waldo PS 0 0 7,794 0 $7,794 Voelker Pump 0 0 39,652 0 $39,652 Chapple PS 0 18,194 0 0 $18,194 Terrace Estates PS 0 0 8,525 0 $8,525 Thomas PS 0 0 71 0 $71 Zone 6 PS 0 0 0 0 $0 Total Distribution System PS $49,768 $151,404 $131,737 $49,167 $382,077 Reservoirs & Tanks Zone 6 Reservoir $0 $0 $0 $0 $0 Leavens #1 $0 $0 $0 $0 $0 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-30 Fixed Asset Joint All But Resale Owners Resale Total Ironwood $0 $0 $0 $0 $0 Staples #1 0 78,676 0 0 $78,676 Staples #2 0 53,294 0 0 $53,294 Staples #3 0 0 1,401 0 $1,401 Fox 156,851 0 0 0 $156,851 Waldo 0 0 0 0 $0 Logan 0 0 969 0 $969 Christensen 0 0 0 0 $0 Zone 4 0 153,754 0 0 $153,754 Zone 3 0 0 131,607 0 $131,607 Zone 4 0 0 70,301 0 $70,301 Total Reservoirs & Tanks $156,851 $285,724 $204,279 $0 $646,854 T&D System Transmission Mains $1,379,789 $457,283 $0 $0 $1,837,072 Distribution 0 866,179 577,453 0 $1,443,632 Total T&D $1,379,789 $1,323,462 $577,453 $0 $3,280,704 Meters & Hydrants Service Connections $0 $0 $0 $0 $0 Meters 6,811 0 0 0 $6,811 Hydrants 0 111,871 0 0 $111,871 Hydrant Mains 0 21,188 0 0 $21,188 Total Meters & Hydrants $6,811 $133,059 $0 $0 $139,870 General Plant Utilities Service Center $16,126 $0 $0 $0 $16,126 Cold Storage Bldg. 3,206 0 0 0 $3,206 Rights & Licenses 0 0 0 0 $0 Transportation Equip. 123,671 0 0 0 $123,671 Construction Equip. 31,158 0 0 0 $31,158 Lab & Test Equip. 20,247 0 0 0 $20,247 Communication Equip. 42,412 0 0 0 $42,412 Tools & Working Equip. 32,155 0 0 0 $32,155 Office Furniture & Equip. 14,803 0 0 0 $14,803 Gas Pumps 1,095 0 0 0 $1,095 Heated Stg Bldg & Stg Yd 663 0 0 0 $663 Total General Plant $285,536 $0 $0 $0 $285,536 Grand Total $4,016,877 $1,893,650 $913,469 $49,167 $6,873,163 Less CIAC Voelker Pump $0 $0 $0 $0 $0 Fox Reservoir 0 0 0 0 0 Transmission Mains 0 (119,513) 0 0 (119,513) Distribution 0 (255,198) (170,132) 0 (425,330) Hydrants 0 (30,984) 0 0 (30,984) | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-31 Fixed Asset Joint All But Resale Owners Resale Total Hydrant Mains 0 (13,534) 0 0 (13,534) High Service Pumping Station (64,931) 0 0 0 (64,931) #2 River Intake 0 0 0 0 0 Chem Bldg & Trtmnt (36,717) 0 0 0 (36,717) TRANSMISSION MAINS > 12" (211,372) 0 0 0 (211,372) Total CIAC ($313,021) ($419,229) ($170,132) $0 ($902,382) Net $3,703,856 $1,474,421 $743,337 $49,167 $5,970,781 Table B.31: Allocation of Depreciation Expense to Ownership Categories – FY18 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-32 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Source of Supply #2 River Intake $38,651 $0 $0 $0 $0 $0 $38,651 #2 Low Duty PS $0 $0 $0 $0 $0 $0 $0 #1 Intake Chnl Hdwrk $39,511 $47,413 $0 $0 $0 $0 $86,924 #1 Low Duty PS $41,620 $49,944 $0 $0 $0 $0 $91,564 River Riprap $1,212 $1,455 $0 $0 $0 $0 $2,667 WATER MANAGEMENT PLAN/DROUGHT PLANNING $0 $0 $0 $0 $0 $0 $0 Total Source of Supply $120,994 $98,812 $0 $0 $0 $0 $219,806 Water Treatment Plant Maint. Wrhs $0 $0 $0 $0 $0 $0 $0 Maint. & Persnl. Bldg. $0 $0 $0 $0 $0 $0 $0 Chem Bldg & Trtmnt Bsn $129,903 $155,884 $0 $0 $0 $0 $285,786 Filter Bldg, Clr Bsn & PS $472,162 $566,594 $0 $0 $0 $0 $1,038,756 Clear Well Standpipe $100,494 $120,593 $0 $0 $0 $0 $221,088 Yard Piping & Flumes $7,705 $9,245 $0 $0 $0 $0 $16,950 Site Work & Landscp $15,195 $0 $0 $0 $0 $0 $15,195 Plant Elec. Shop $14,836 $17,803 $0 $0 $0 $0 $32,639 WTP Rapid Mix Study, Lab renov, Backup Power $0 $0 $0 $0 $0 $0 $0 Total Water Treatment $740,294 $870,119 $0 $0 $0 $0 $1,610,414 High Service Pumping Station $139,956 $167,947 $0 $0 $0 $0 $307,903 Distribution System PS Willett PS #3 $14,638 $17,565 $17,565 $0 $0 $0 $49,768 Willet PS #1 $20,039 $24,047 $0 $0 $0 $0 $44,086 Walter PS $55,872 $67,046 $0 $0 $0 $0 $122,918 Booster ST-12 Av N & N27 $0 $0 $0 $0 $0 $0 $0 Willet PS #2 $0 $0 $0 $0 $0 $0 $0 Leavens PS $884 $1,061 $0 $0 $0 $0 $1,945 Staples PS #1 $37,748 $45,297 $0 $0 $0 $0 $83,045 FOX PS (Zone 4) $2,763 $3,315 $0 $0 $0 $0 $6,078 Booster ST-17 W & Poly 0 0 0 0 0 0 $0 Waldo PS 3,543 4,251 0 0 0 0 $7,794 Voelker Pump 18,024 21,628 0 0 0 0 $39,652 Chapple PS 8,270 9,924 0 0 0 0 $18,194 Terrace Estates PS 3,875 4,650 0 0 0 0 $8,525 Thomas PS 32 39 0 0 0 0 $71 Zone 6 PS 0 0 0 0 0 0 $0 Total Distribution System PS $165,687 $198,824 $17,565 $0 $0 $0 $382,077 Reservoirs & Tanks Zone 6 Reservoir $0 $0 $0 $0 $0 $0 $0 Leavens #1 $0 $0 $0 $0 $0 $0 $0 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-33 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Ironwood $0 $0 $0 $0 $0 $0 $0 Staples #1 23,140 27,768 27,768 0 0 0 $78,676 Staples #2 15,675 18,809 18,809 0 0 0 $53,294 Staples #3 412 495 495 0 0 0 $1,401 Fox 46,133 55,359 55,359 0 0 0 $156,851 Waldo 0 0 0 0 0 0 $0 Logan 285 342 342 0 0 0 $969 Christensen 0 0 0 0 0 0 $0 Zone 4 45,222 54,266 54,266 0 0 0 $153,754 Zone 3 38,708 46,450 46,450 0 0 0 $131,607 Zone 4 20,677 24,812 24,812 0 0 0 $70,301 Total Reservoirs & Tanks $190,251 $228,301 $228,301 $0 $0 $0 $646,854 T&D System Transmission Mains $540,315 $648,378 $648,378 $0 $0 $0 $1,837,072 Distribution $424,598 $509,517 $509,517 $0 $0 $0 $1,443,632 Total T&D $964,913 $1,157,896 $1,157,896 $0 $0 $0 $3,280,704 Meters & Hydrants Service Connections $0 $0 $0 $0 $0 $0 $0 Meters $0 $0 $0 $0 $6,811 $0 $6,811 Hydrants $0 $0 $0 $0 $0 $111,871 $111,871 Hydrant Mains $0 $0 $0 $0 $0 $21,188 $21,188 Total Meters & Hydrants $0 $0 $0 $0 $6,811 $133,059 $139,870 General Plant Utilities Service Center $5,815 $6,504 $3,607 $0 $7 $193 $16,126 Cold Storage Bldg. $1,156 $1,293 $717 $0 $1 $38 $3,206 Rights & Licenses $0 $0 $0 $0 $0 $0 $0 Transportation Equip. $44,592 $49,880 $27,660 $0 $57 $1,482 $123,671 Construction Equip. $11,235 $12,567 $6,969 $0 $14 $373 $31,158 Lab & Test Equip. $20,247 $0 $0 $0 $0 $0 $20,247 Communication Equip. $15,293 $17,106 $9,486 $0 $20 $508 $42,412 Tools & Working Equip. $11,594 $12,969 $7,192 $0 $15 $385 $32,155 Office Furniture & Equip. $5,338 $5,971 $3,311 $0 $7 $177 $14,803 Gas Pumps $395 $442 $245 $0 $1 $13 $1,095 Heated Stg Bldg & Stg Yd $239 $268 $148 $0 $0 $8 $663 Total General Plant $115,902 $106,998 $59,335 $0 $122 $3,178 $285,536 Grand Total $2,437,998 $2,828,898 $1,463,097 $0 $6,933 $136,237 $6,873,163 Less CIAC Voelker Pump $0 $0 $0 $0 $0 $0 $0 Fox Reservoir $0 $0 $0 $0 $0 $0 $0 Transmission Mains ($35,151) ($42,181) ($42,181) $0 $0 $0 ($119,513) Distribution ($125,097) ($150,117) ($150,117) $0 $0 $0 ($425,330) Hydrants $0 $0 $0 $0 $0 ($30,984) ($30,984) | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-34 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Hydrant Mains $0 $0 $0 $0 $0 ($13,534) ($13,534) High Service Pumping Station ($29,514) ($35,417) $0 $0 $0 $0 ($64,931) #2 River Intake 0 0 0 0 0 0 0 Chem Bldg & Trtmnt (16,690) (20,028) 0 0 0 0 (36,717) TRANSMISSION MAINS > 12" (62,168) (74,602) (74,602) 0 0 0 (211,372) Total CIAC ($268,620) ($322,344) ($266,900) $0 $0 ($44,518) ($902,382) Net $2,169,378 $2,506,553 $1,196,197 $0 $6,933 $91,720 $5,970,781 Table B.32: Allocation of Depreciation Expense to Functional Cost Component – FY18 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-35 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Source of Supply #2 River Intake $38,651 $0 $0 $0 $0 $0 $38,651 #2 Low Duty PS 0 0 0 0 0 0 $0 #1 Intake Chnl Hdwrk 39,511 47,413 0 0 0 0 $86,924 #1 Low Duty PS 41,620 49,944 0 0 0 0 $91,564 River Riprap 1,212 1,455 0 0 0 0 $2,667 WATER MANAGEMENT PLAN/DROUGHT PLANNING 0 0 0 0 0 0 $0 Total Source of Supply $120,994 $98,812 $0 $0 $0 $0 $219,806 Water Treatment Plant Maint. Wrhs $0 $0 $0 $0 $0 $0 $0 Maint. & Persnl. Bldg. 0 0 0 0 0 0 $0 Chem Bldg & Trtmnt Bsn 129,903 155,884 0 0 0 0 $285,786 Filter Bldg, Clr Bsn & PS 472,162 566,594 0 0 0 0 $1,038,756 Clear Well Standpipe 100,494 120,593 0 0 0 0 $221,088 Yard Piping & Flumes 7,705 9,245 0 0 0 0 $16,950 Site Work & Landscp 15,195 0 0 0 0 0 $15,195 Plant Elec. Shop 14,836 17,803 0 0 0 0 $32,639 WTP Rapid Mix Study, Lab renov, Backup Power 0 0 0 0 0 0 $0 Total Water Treatment $740,294 $870,119 $0 $0 $0 $0 $1,610,414 High Service Pumping Station $139,956 $167,947 $0 $0 $0 $0 $307,903 Distribution System PS Willett PS #3 $14,638 $17,565 $17,565 $0 $0 $0 $49,768 Willet PS #1 0 0 0 0 0 0 $0 Walter PS 0 0 0 0 0 0 $0 Booster ST-12 Av N & N27 0 0 0 0 0 0 $0 Willet PS #2 0 0 0 0 0 0 $0 Leavens PS 0 0 0 0 0 0 $0 Staples PS #1 0 0 0 0 0 0 $0 FOX PS (Zone 4) 0 0 0 0 0 0 $0 Booster ST-17 W & Poly 0 0 0 0 0 0 $0 Waldo PS 0 0 0 0 0 0 $0 Voelker Pump 0 0 0 0 0 0 $0 Chapple PS 0 0 0 0 0 0 $0 Terrace Estates PS 0 0 0 0 0 0 $0 Thomas PS 0 0 0 0 0 0 $0 Zone 6 PS 0 0 0 0 0 0 $0 Total Distribution System PS $14,638 $17,565 $17,565 $0 $0 $0 $49,768 Reservoirs & Tanks Zone 6 Reservoir $0 $0 $0 $0 $0 $0 $0 Leavens #1 $0 $0 $0 $0 $0 $0 $0 Staples #1 0 0 0 0 0 0 $0 Staples #2 0 0 0 0 0 0 $0 Staples #3 0 0 0 0 0 0 $0 Fox 46,133 55,359 55,359 0 0 0 $156,851 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-36 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Waldo 0 0 0 0 0 0 $0 Logan 0 0 0 0 0 0 $0 Christensen 0 0 0 0 0 0 $0 Zone 4 0 0 0 0 0 0 $0 Zone 3 0 0 0 0 0 0 $0 Briarwood 0 0 0 0 0 0 $0 Total Reservoirs & Tanks $46,133 $55,359 $55,359 $0 $0 $0 $156,851 T&D System Transmission Mains $405,820 $486,984 $486,984 $0 $0 $0 $1,379,789 Distribution 0 0 0 0 0 0 $0 Total T&D $405,820 $486,984 $486,984 $0 $0 $0 $1,379,789 Meters & Hydrants Service Connections $0 $0 $0 $0 $0 $0 $0 Meters 0 0 0 0 6,811 0 $6,811 Hydrants 0 0 0 0 0 0 $0 Hydrant Mains 0 0 0 0 0 0 $0 Total Meters & Hydrants $0 $0 $0 $0 $6,811 $0 $6,811 General Plant Utilities Service Center $5,815 $6,504 $3,607 $0 $7 $193 $16,126 Cold Storage Bldg. 1,156 1,293 717 0 1 38 $3,206 Rights & Licenses 0 0 0 0 0 0 $0 Transportation Equip. 44,592 49,880 27,660 0 57 1,482 $123,671 Construction Equip. 11,235 12,567 6,969 0 14 373 $31,158 Lab & Test Equip. 20,247 0 0 0 0 0 $20,247 Communication Equip. 15,293 17,106 9,486 0 20 508 $42,412 Tools & Working Equip. 11,594 12,969 7,192 0 15 385 $32,155 Office Furniture & Equip. 5,338 5,971 3,311 0 7 177 $14,803 Gas Pumps 395 442 245 0 1 13 $1,095 Heated Stg Bldg & Stg Yd 239 268 148 0 0 8 $663 Total General Plant $115,902 $106,998 $59,335 $0 $122 $3,178 $285,536 Grand Total $1,583,737 $1,803,785 $619,244 $0 $6,933 $3,178 $4,016,877 Less CIAC Voelker Pump $0 $0 $0 $0 $0 $0 $0 Fox Reservoir $0 $0 $0 $0 $0 $0 $0 Transmission Mains $0 $0 $0 $0 $0 $0 $0 Distribution $0 $0 $0 $0 $0 $0 $0 Hydrants $0 $0 $0 $0 $0 $0 $0 Hydrant Mains $0 $0 $0 $0 $0 $0 $0 High Service Pumping Station ($29,514) ($35,417) $0 $0 $0 $0 ($64,931) #2 River Intake $0 $0 $0 $0 $0 $0 $0 Chem Bldg & Trtmnt ($16,690) ($20,028) $0 $0 $0 $0 ($36,717) TRANSMISSION MAINS > 12" ($62,168) ($74,602) ($74,602) $0 $0 $0 ($211,372) Total CIAC (108,372) (130,047) (74,602) 0 0 0 (313,021) Net 1,475,365 1,673,739 544,642 0 6,933 3,178 3,703,856 Table B.33: Allocation of Joint Related Depreciation Expense to Functional Cost Component – FY18 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-37 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Source of Supply #2 River Intake $0 $0 $0 $0 $0 $0 $0 #2 Low Duty PS $0 0 0 0 0 0 $0 #1 Intake Chnl Hdwrk $0 0 0 0 0 0 $0 #1 Low Duty PS $0 0 0 0 0 0 $0 River Riprap $0 0 0 0 0 0 $0 WATER MANAGEMENT PLAN/DROUGHT PLANNING $0 0 0 0 0 0 $0 Total Source of Supply $0 $0 $0 $0 $0 $0 $0 Water Treatment Plant Maint. Wrhs $0 $0 $0 $0 $0 $0 $0 Maint. & Persnl. Bldg. $0 0 0 0 0 0 $0 Chem Bldg & Trtmnt Bsn $0 0 0 0 0 0 $0 Filter Bldg, Clr Bsn & PS $0 0 0 0 0 0 $0 Clear Well Standpipe $0 0 0 0 0 0 $0 Yard Piping & Flumes $0 0 0 0 0 0 $0 Site Work & Landscp $0 0 0 0 0 0 $0 Plant Elec. Shop $0 0 0 0 0 0 $0 WTP Rapid Mix Study, Lab renov, Backup Power $0 0 0 0 0 0 $0 Total Water Treatment $0 $0 $0 $0 $0 $0 $0 High Service Pumping Station $0 $0 $0 $0 $0 $0 $0 Distribution System PS Willett PS #3 $0 $0 $0 $0 $0 $0 $0 Willet PS #1 $20,039 24,047 0 0 0 0 $44,086 Walter PS $0 0 0 0 0 0 $0 Booster ST-12 Av N & N27 $0 0 0 0 0 0 $0 Willet PS #2 $0 0 0 0 0 0 $0 Leavens PS $0 0 0 0 0 0 $0 Staples PS #1 $37,748 45,297 0 0 0 0 $83,045 FOX PS (Zone 4) $2,763 3,315 0 0 0 0 $6,078 Booster ST-17 W & Poly $0 0 0 0 0 0 $0 Waldo PS $0 0 0 0 0 0 $0 Voelker Pump $0 0 0 0 0 0 $0 Chapple PS $8,270 9,924 0 0 0 0 $18,194 Terrace Estates PS $0 0 0 0 0 0 $0 Thomas PS $0 0 0 0 0 0 $0 Zone 6 PS $0 0 0 0 0 0 $0 Total Distribution System PS $68,820 $82,584 $0 $0 $0 $0 $151,404 Reservoirs & Tanks Zone 6 Reservoir $0 $0 $0 $0 $0 $0 $0 Leavens #1 $0 $0 $0 $0 $0 $0 $0 Ironwood $0 $0 $0 $0 $0 $0 $0 Staples #1 $23,140 27,768 27,768 0 0 0 $78,676 Staples #2 $15,675 18,809 18,809 0 0 0 $53,294 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-38 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Staples #3 $0 0 0 0 0 0 $0 Fox $0 0 0 0 0 0 $0 Waldo $0 0 0 0 0 0 $0 Logan $0 0 0 0 0 0 $0 Christensen $0 0 0 0 0 0 $0 Zone 4 $45,222 54,266 54,266 0 0 0 $153,754 Zone 3 $0 0 0 0 0 0 $0 Briarwood $0 0 0 0 0 0 $0 Total Reservoirs & Tanks $84,037 $100,844 $100,844 $0 $0 $0 $285,724 T&D System Transmission Mains $134,495 $161,394 $161,394 $0 $0 $0 $457,283 Distribution $254,759 305,710 305,710 0 0 0 $866,179 Total T&D $389,254 $467,104 $467,104 $0 $0 $0 $1,323,462 Meters & Hydrants Service Connections $0 $0 $0 $0 $0 $0 $0 Meters $0 0 0 0 0 0 $0 Hydrants $0 0 0 0 0 111,871 $111,871 Hydrant Mains $0 0 0 0 0 21,188 $21,188 Total Meters & Hydrants $0 $0 $0 $0 $0 $133,059 $133,059 General Plant Utilities Service Center $0 $0 $0 $0 $0 $0 $0 Cold Storage Bldg. $0 0 0 0 0 0 $0 Rights & Licenses $0 0 0 0 0 0 $0 Transportation Equip. $0 0 0 0 0 0 $0 Construction Equip. $0 0 0 0 0 0 $0 Lab & Test Equip. $0 0 0 0 0 0 $0 Communication Equip. $0 0 0 0 0 0 $0 Tools & Working Equip. $0 0 0 0 0 0 $0 Office Furniture & Equip. $0 0 0 0 0 0 $0 Gas Pumps $0 0 0 0 0 0 $0 Heated Stg Bldg & Stg Yd $0 0 0 0 0 0 $0 Total General Plant $0 $0 $0 $0 $0 $0 $0 Grand Total $542,110 $650,532 $567,948 $0 $0 $133,059 $1,893,650 Less CIAC Voelker Pump $0 $0 $0 $0 $0 $0 $0 Fox Reservoir $0 $0 $0 $0 $0 $0 $0 Transmission Mains ($35,151) ($42,181) ($42,181) $0 $0 $0 ($119,513) Distribution ($75,058) ($90,070) ($90,070) $0 $0 $0 ($255,198) Hydrants $0 $0 $0 $0 $0 ($30,984) ($30,984) Hydrant Mains $0 $0 $0 $0 $0 ($13,534) ($13,534) High Service Pumping Station $0 $0 $0 $0 $0 $0 $0 #2 River Intake $0 $0 $0 $0 $0 $0 $0 Chem Bldg & Trtmnt $0 0 0 0 0 0 $0 TRANSMISSION MAINS > 12" $0 0 0 0 0 0 $0 Total CIAC (110,209) (132,251) (132,251) 0 0 (44,518) (419,229) Net 431,901 518,281 435,697 0 0 88,542 1,474,421 Table B.34: Allocation of All-But-Resale Related Depreciation Expense to Functional Cost Component - FY18 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-39 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Source of Supply #2 River Intake $0 $0 $0 $0 $0 $0 $0 #2 Low Duty PS 0 0 0 0 0 0 $0 #1 Intake Chnl Hdwrk 0 0 0 0 0 0 $0 #1 Low Duty PS 0 0 0 0 0 0 $0 River Riprap 0 0 0 0 0 0 $0 WATER MANAGEMENT PLAN/DROUGHT PLANNING 0 0 0 0 0 0 $0 Total Source of Supply $0 $0 $0 $0 $0 $0 $0 Water Treatment Plant Maint. Wrhs $0 $0 $0 $0 $0 $0 $0 Maint. & Persnl. Bldg. 0 0 0 0 0 0 $0 Chem Bldg & Trtmnt Bsn 0 0 0 0 0 0 $0 Filter Bldg, Clr Bsn & PS 0 0 0 0 0 0 $0 Clear Well Standpipe 0 0 0 0 0 0 $0 Yard Piping & Flumes 0 0 0 0 0 0 $0 Site Work & Landscp 0 0 0 0 0 0 $0 Plant Elec. Shop 0 0 0 0 0 0 $0 WTP Rapid Mix Study, Lab renov, Backup Power 0 0 0 0 0 0 $0 Total Water Treatment $0 $0 $0 $0 $0 $0 $0 High Service Pumping Station 0 $0 $0 $0 $0 $0 $0 Distribution System PS Willett PS #3 $0 $0 $0 $0 $0 $0 $0 Willet PS #1 0 0 0 0 0 0 $0 Walter PS 33,523 40,228 0 0 0 0 $73,751 Booster ST-12 Av N & N27 0 0 0 0 0 0 $0 Willet PS #2 0 0 0 0 0 0 $0 Leavens PS 884 1,061 0 0 0 0 $1,945 Staples PS #1 0 0 0 0 0 0 $0 FOX PS (Zone 4) 0 0 0 0 0 0 $0 Booster ST-17 W & Poly 0 0 0 0 0 0 $0 Waldo PS 3,543 4,251 0 0 0 0 $7,794 Voelker Pump 18,024 21,628 0 0 0 0 $39,652 Chapple PS 0 0 0 0 0 0 $0 Terrace Estates PS 3,875 4,650 0 0 0 0 $8,525 Thomas PS 32 39 0 0 0 0 $71 Zone 6 PS 0 0 0 0 0 0 $0 Total Distribution System PS $59,881 $71,857 $0 $0 $0 $0 $131,737 Reservoirs & Tanks Zone 6 Reservoir $0 $0 $0 $0 $0 $0 $0 Leavens #1 $0 $0 $0 $0 $0 $0 $0 Staples #1 0 0 0 0 0 0 $0 Staples #2 0 0 0 0 0 0 $0 Staples #3 412 495 495 0 0 0 $1,401 Fox 0 0 0 0 0 0 $0 Waldo 0 0 0 0 0 0 $0 Logan 285 342 342 0 0 0 $969 Christensen 0 0 0 0 0 0 $0 Zone 4 0 0 0 0 0 0 $0 Zone 3 38,708 46,450 46,450 0 0 0 $131,607 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-40 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Briarwood 20,677 24,812 24,812 0 0 0 $70,301 Total Reservoirs & Tanks $60,082 $72,098 $72,098 $0 $0 $0 $204,279 T&D System Transmission Mains $0 $0 $0 $0 $0 $0 $0 Distribution 169,839 203,807 203,807 0 0 0 $577,453 Total T&D $169,839 $203,807 $203,807 $0 $0 $0 $577,453 Meters & Hydrants Service Connections $0 $0 $0 $0 $0 $0 $0 Meters 0 0 0 0 0 0 $0 Hydrants 0 0 0 0 0 0 $0 Hydrant Mains 0 0 0 0 0 0 $0 Total Meters & Hydrants $0 $0 $0 $0 $0 $0 $0 General Plant Utilities Service Center $0 $0 $0 $0 $0 $0 $0 Cold Storage Bldg. 0 0 0 0 0 0 $0 Rights & Licenses 0 0 0 0 0 0 $0 Transportation Equip. 0 0 0 0 0 0 $0 Construction Equip. 0 0 0 0 0 0 $0 Lab & Test Equip. 0 0 0 0 0 0 $0 Communication Equip. 0 0 0 0 0 0 $0 Tools & Working Equip. 0 0 0 0 0 0 $0 Office Furniture & Equip. 0 0 0 0 0 0 $0 Gas Pumps 0 0 0 0 0 0 $0 Heated Stg Bldg & Stg Yd 0 0 0 0 0 0 $0 Total General Plant $0 $0 $0 $0 $0 $0 $0 Grand Total $289,802 $347,762 $275,905 $0 $0 $0 $913,469 Less CIAC Voelker Pump $0 $0 $0 $0 $0 $0 $0 Fox Reservoir $0 $0 $0 $0 $0 $0 $0 Transmission Mains $0 $0 $0 $0 $0 $0 $0 Distribution ($50,039) ($60,047) ($60,047) $0 $0 $0 ($170,132) Hydrants $0 $0 $0 $0 $0 $0 $0 Hydrant Mains $0 $0 $0 $0 $0 $0 $0 High Service Pumping Station $0 $0 $0 $0 $0 $0 $0 #2 River Intake $0 $0 $0 $0 $0 $0 $0 Chem Bldg & Trtmnt $0 $0 $0 $0 $0 $0 $0 TRANSMISSION MAINS > 12" $0 $0 $0 $0 $0 $0 $0 Total CIAC (50,039) (60,047) (60,047) 0 0 0 (170,132) Net 239,763 287,715 215,859 0 0 0 743,337 Table B.35: Allocation of Owner Related Depreciation Expense to Functional Cost Component - FY18 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-41 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Source of Supply #2 River Intake $0 $0 $0 $0 $0 $0 $0 #2 Low Duty PS 0 0 0 0 0 0 $0 #1 Intake Chnl Hdwrk 0 0 0 0 0 0 $0 #1 Low Duty PS 0 0 0 0 0 0 $0 River Riprap 0 0 0 0 0 0 $0 WATER MANAGEMENT PLAN/DROUGHT PLANNING 0 0 0 0 0 0 $0 Total Source of Supply $0 $0 $0 $0 $0 $0 $0 Water Treatment Plant Maint. Wrhs 0 0 0 0 0 0 0 Maint. & Persnl. Bldg. 0 0 0 0 0 0 0 Chem Bldg & Trtmnt Bsn 0 0 0 0 0 0 0 Filter Bldg, Clr Bsn & PS 0 0 0 0 0 0 0 Clear Well Standpipe 0 0 0 0 0 0 0 Yard Piping & Flumes 0 0 0 0 0 0 0 Site Work & Landscp 0 0 0 0 0 0 0 Plant Elec. Shop 0 0 0 0 0 0 0 WTP Rapid Mix Study, Lab renov, Backup Power 0 0 0 0 0 0 0 Total Water Treatment $0 $0 $0 $0 $0 $0 $0 High Service Pumping Station 0 $0 $0 $0 $0 $0 $0 Distribution System PS Willett PS #3 $0 $0 $0 $0 $0 $0 $0 Willet PS #1 0 0 0 0 0 0 $0 Walter PS 22,349 26,818 0 0 0 0 $49,167 Booster ST-12 Av N & N27 0 0 0 0 0 0 $0 Willet PS #2 0 0 0 0 0 0 $0 Leavens PS 0 0 0 0 0 0 $0 Staples PS #1 0 0 0 0 0 0 $0 FOX PS (Zone 4) 0 0 0 0 0 0 $0 Booster ST-17 W & Poly 0 0 0 0 0 0 $0 Waldo PS 0 0 0 0 0 0 $0 Voelker Pump 0 0 0 0 0 0 $0 Chapple PS 0 0 0 0 0 0 $0 Terrace Estates PS 0 0 0 0 0 0 $0 Thomas PS 0 0 0 0 0 0 $0 Zone 6 PS 0 0 0 0 0 0 $0 Total Distribution System PS $22,349 $26,818 $0 $0 $0 $0 $49,167 Reservoirs & Tanks Zone 6 Reservoir $0 $0 $0 $0 $0 $0 $0 Leavens #1 $0 $0 $0 $0 $0 $0 $0 Staples #1 0 0 0 0 0 0 $0 Staples #2 0 0 0 0 0 0 $0 Staples #3 0 0 0 0 0 0 $0 Fox 0 0 0 0 0 0 $0 Waldo 0 0 0 0 0 0 $0 Logan 0 0 0 0 0 0 $0 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-42 Fixed Asset Base Max Day Max Hour Customer Meter Direct Fire Total Christensen 0 0 0 0 0 0 $0 Zone 4 0 0 0 0 0 0 $0 Zone 3 0 0 0 0 0 0 $0 Briarwood 0 0 0 0 0 0 $0 Total Reservoirs & Tanks $0 $0 $0 $0 $0 $0 $0 T&D System Transmission Mains $0 $0 $0 $0 $0 $0 $0 Distribution 0 0 0 0 0 0 $0 Total T&D $0 $0 $0 $0 $0 $0 $0 Meters & Hydrants Service Connections $0 $0 $0 $0 $0 $0 $0 Meters 0 0 0 0 0 0 $0 Hydrants 0 0 0 0 0 0 $0 Hydrant Mains 0 0 0 0 0 0 $0 Total Meters & Hydrants $0 $0 $0 $0 $0 $0 $0 General Plant Utilities Service Center $0 $0 $0 $0 $0 $0 $0 Cold Storage Bldg. 0 0 0 0 0 0 $0 Rights & Licenses 0 0 0 0 0 0 $0 Transportation Equip. 0 0 0 0 0 0 $0 Construction Equip. 0 0 0 0 0 0 $0 Lab & Test Equip. 0 0 0 0 0 0 $0 Communication Equip. 0 0 0 0 0 0 $0 Tools & Working Equip. 0 0 0 0 0 0 $0 Office Furniture & Equip. 0 0 0 0 0 0 $0 Gas Pumps 0 0 0 0 0 0 $0 Heated Stg Bldg & Stg Yd 0 0 0 0 0 0 $0 Total General Plant $0 $0 $0 $0 $0 $0 $0 Grand Total $22,349 $26,818 $0 $0 $0 $0 $49,167 Less CIAC Voelker Pump $0 $0 $0 $0 $0 $0 $0 Fox Reservoir $0 $0 $0 $0 $0 $0 $0 Transmission Mains $0 $0 $0 $0 $0 $0 $0 Distribution $0 $0 $0 $0 $0 $0 $0 Hydrants $0 $0 $0 $0 $0 $0 $0 Hydrant Mains $0 $0 $0 $0 $0 $0 $0 #2 River Intake $0 $0 $0 $0 $0 $0 $0 Chem Bldg & Trtmnt 0 0 0 0 0 0 0 Total CIAC 0 0 0 0 0 0 0 Net 22,349 26,818 0 0 0 0 49,167 Table B.36: Allocation of Resale Related Depreciation Expense to Functional Cost Component – FY18 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-43 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Single Family Residential $647,298 $797,846 $145,517 $0 $5,522 $0 $1,596,183 Multi-Family Residential $113,892 $65,803 $41,149 $0 $345 $0 $221,188 Commercial 291,657 168,511 58,542 0 886 0 $519,597 Industrial 4,258 1,640 342 0 6 0 $6,245 Seasonal 92,674 178,482 37,203 0 87 0 $308,446 Public Fire Protection 0 143,049 167,159 0 0 2,747 $312,954 Private Fire Protection 0 21,562 25,196 0 0 414 $47,172 Non-Owners $0 Residential $6,041 $7,446 $1,358 $0 $51 $0 $14,897 Commercial 148,821 85,984 29,871 0 28 0 $264,704 -Resale 170,725 202,541 37,284 0 9 0 $410,558 Private Fire Protection 0 874 1,021 0 0 17 $1,912 Total - Joint $1,475,365 $1,673,739 $544,642 $0 $6,933 $3,178 $3,703,856 Table B.37: Allocation of Joint Depreciation Expense to Customer Class – FY18 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Single Family Residential $214,288 $281,069 $124,964 $0 $0 $0 $620,321 Multi-Family Residential $37,704 $23,182 $35,337 $0 $0 $0 $96,222 Commercial $96,553 $59,364 $50,273 $0 $0 $0 $206,190 Industrial $1,409 $578 $294 $0 $0 $0 $2,281 Seasonal $30,680 $62,876 $31,949 $0 $0 $0 $125,505 Public Fire Protection $0 $50,394 $143,549 $0 $0 $76,537 $270,480 Private Fire Protection $0 $7,596 $21,637 $0 $0 $11,537 $40,770 Non-Owners $0 Residential $2,000 $2,623 $1,166 $0 $0 $0 $5,790 Commercial $49,267 $30,291 $25,652 $0 $0 $0 $105,210 -Resale $0 $0 $0 $0 $0 $0 $0 Private Fire Protection $0 $308 $877 $0 $0 $468 $1,652 Total - Joint $431,901 $518,281 $435,697 $0 $0 $88,542 $1,474,421 Table B.38: Allocation of All-But-Resale Depreciation Expense to Customer Class – FY18 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Single Family Residential $134,981 $166,718 $66,114 $0 $0 $0 $367,812 Multi-Family Residential $23,750 $13,750 $18,695 $0 $0 $0 $56,195 Commercial 60,819 35,212 26,598 0 0 0 122,629 Industrial 888 343 155 0 0 0 1,386 Seasonal 19,325 37,295 16,903 0 0 0 73,524 Public Fire Protection 0 29,891 75,946 0 0 0 105,838 Private Fire Protection 0 4,506 11,448 0 0 0 15,953 Total - Owner $239,763 $287,715 $215,859 $0 $0 $0 $743,337 Table B.39: Allocation of Owner Depreciation Expense to Customer Class – FY18 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-44 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Non-Owners Residential $0 $0 $0 $0 $0 $0 $0 Commercial 0 0 0 0 0 0 0 -Resale 22,349 26,818 0 0 0 0 49,167 Private Fire Protection 0 0 0 0 0 0 0 Total - Non Owner $22,349 $26,818 $0 $0 $0 $0 $49,167 Table B.40: Allocation of Resale Depreciation Expense to Customer Class – FY18 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Single Family Residential $694,304 $859,573 $161,039 $0 $5,533 $0 $1,720,449 Multi-Family Residential $122,770 $71,247 $45,765 $0 $344 $0 $240,126 Commercial $312,837 $181,549 $64,786 $0 $886 $0 $560,058 Industrial $4,544 $1,758 $376 $0 $6 $0 $6,685 Seasonal $99,899 $193,247 $41,376 $0 $87 $0 $334,609 Public Fire Protection $0 $153,353 $184,073 $0 $0 $2,983 $340,409 Private Fire Protection $0 $23,115 $27,746 $0 $0 $450 $51,311 Non-Owners $0 Residential $6,448 $7,983 $1,496 $0 $51 $0 $15,977 Commercial $158,834 $92,176 $32,893 $0 $28 $0 $283,931 -Resale $184,033 $219,296 $41,466 $0 $9 $0 $444,804 Private Fire Protection $0 $932 $1,119 $0 $0 $18 $2,069 Total - Joint $1,583,668 $1,804,228 $602,135 $0 $6,944 $3,450 $4,000,426 Table B.41: Allocation of Joint Depreciation Expense to Customer Class – FY19 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Single Family Residential $241,439 $316,757 $138,422 $0 $0 $0 $696,618 Multi-Family Residential $42,692 $26,255 $39,337 $0 $0 $0 $108,284 Commercial $108,787 $66,902 $55,687 $0 $0 $0 $231,376 Industrial $1,580 $648 $324 $0 $0 $0 $2,552 Seasonal $34,739 $71,212 $35,565 $0 $0 $0 $141,517 Public Fire Protection $0 $56,511 $158,221 $0 $0 $76,539 $291,272 Private Fire Protection $0 $8,518 $23,849 $0 $0 $11,537 $43,904 Non-Owners $0 Residential $2,242 $2,942 $1,285 $0 $0 $0 $6,469 Commercial $55,233 $33,967 $28,274 $0 $0 $0 $117,474 -Resale $0 $0 $0 $0 $0 $0 $0 Private Fire Protection $0 $343 $962 $0 $0 $465 $1,770 Total - Joint $486,713 $584,055 $481,926 $0 $0 $88,542 $1,641,235 Table B.42: Allocation of All-But-Resale Depreciation Expense to Customer Class – FY19 | City of Billings, Montana: FY2018/FY2019 Retail/Resale Water Rate Study B-45 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Owners Single Family Residential $167,571 $207,093 $84,803 $0 $0 $0 $459,467 Multi-Family Residential $29,631 $17,165 $24,099 $0 $0 $0 $70,895 Commercial $75,504 $43,740 $34,116 $0 $0 $0 $153,360 Industrial $1,097 $424 $198 $0 $0 $0 $1,718 Seasonal $24,111 $46,558 $21,789 $0 $0 $0 $92,457 Public Fire Protection $0 $36,947 $96,932 $0 $0 $0 $133,879 Private Fire Protection $0 $5,569 $14,611 $0 $0 $0 $20,180 Total - Owner $297,913 $357,496 $276,548 $0 $0 $0 $931,957 Table B.43: Allocation of Owner Depreciation Expense to Customer Class – FY19 Customer Class Base Max Day Max Hour Customer Meter Direct Fire Total Non-Owners Residential $0 $0 $0 $0 $0 $0 $0 Commercial $0 $0 $0 $0 $0 $0 $0 -Resale $22,349 $26,818 $0 $0 $0 $0 $49,167 Private Fire Protection $0 $0 $0 $0 $0 $0 $0 Total - Non Owner $22,349 $26,818 $0 $0 $0 $0 $49,167 Table B.44: Allocation of Resale Depreciation Expense to Customer Class – FY19 RETAIL WASTEWATER RATE STUDY FY18 and FY19 Billings, MT April 14, 2017 FINAL | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study ES-1 Executive Summary The City of Billings calculates its retail wastewater rates using a cost of service rate model developed specifically for its wastewater treatment and collection system. In January 2017, the City retained AE2S Nexus to update its wastewater rate model and develop recommendations for FY18 and FY19 wastewater rates. The City currently maintains two rate models for the Wastewater System – a cash-based model used to calculate Retail rates and a utility-based model used to calculate the rates for wholesale users. The wholesale model, discussed in detail in the Wastewater Wholesale Rate Study, applies a 15 percent rate of return on the asset base, which includes 12.5 percent working capital, for wholesale users. The rate of return plus depreciation forms the basis for the capital component of the revenue requirements for wholesale users. The Retail rate model calculates overall capital costs slightly differently. This model utilizes the cash-basis and therefore does not readily provide a mechanism for differentiating between inside and outside users in terms of cost allocation. Based on the results of this study, the recommended fixed monthly meter rates for the study period are shown in Tables ES.1 and ES.2 for Inside City Users and Outside City Users, respectively. Due to the City’s practice of rounding the wastewater fixed charge to the nearest $0.05, the calculated cost of service-based rates very slightly for some of the meters in FY18 and FY19. Overall the projected fixed monthly rates increase less than three percent annually over the two-year period. The recommended Retail volumetric rates are shown in Table ES.3. Based on projected expenditures and wastewater flows, the cost of service model indicated a rate increase is necessary in FY18 and FY19; however, these rate increases do not bring the utility into a revenue neutral state. Over the last few years, the rate strategy has been to smooth into rate increases needed to operate the expansion of the wastewater treatment facility (anticipated to begin construction this April). As a result, the City planned to build cash reserves in order to use those same cash reserves and increase rates at a more moderate pace into the full cost of service needed for revenue sufficiency. Rate increases in FY18 and FY19 are part of the strategy to utilize those cash reserves. | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study ES-2 Table ES.1: FY18 and FY19 Recommended Monthly Minimum Wastewater Charges – Inside City Retail Users Table ES.2: FY18 and FY19 Recommended Monthly Minimum Wastewater Charges – Outside City Retail Users Table ES.3: FY18 and FY19 Recommended Wastewater Volumetric Rates Lastly, strength surcharges are shown in Table ES.4. In preparation for development of a future strength surcharge addressing nitrogen, it is recommended that the City begin sampling the waste streams for Total Kjeldahl Nitrogen (TKN). In particular, an understanding of the concentration Meter Size Inside City Current FY17 Rate ($/Month) Inside City Recommended FY18 Rate ($/Month) % Increase Recommended Inside City FY19 Rate ($/Month) % Increase 3/4” $6.45 $6.60 2.3%$6.80 3.0% 1” $8.20 $8.40 2.4%$8.65 3.0% 1-1/2” $10.10 $10.35 2.5%$10.60 2.4% 2” $10.55 $10.80 2.4%$11.10 2.8% 3” $17.00 $17.45 2.6%$17.90 2.6% 4” $64.50 $66.15 2.6%$67.90 2.6% 6” $82.10 $84.20 2.6%$86.45 2.7% 8” $123.15 $126.25 2.5%$129.65 2.7% 10” $170.05 $174.35 2.5%$179.05 2.7% Meter Size Outside City Current FY17 Rate ($/Month) Recommended Outside City FY18 Rate ($/Month) % Increase Recommended Outside City FY19 Rate ($/Month) % Increase 3/4” $7.10 $7.25 2.1%$7.45 2.8% 1” $9.00 $9.20 2.2%$9.45 2.7% 1-1/2” $11.10 $11.35 2.3%$11.60 2.2% 2” $11.60 $11.85 2.2%$12.15 2.5% 3” $18.65 $19.10 2.4%$19.60 2.6% 4” $71.00 $72.75 2.5%$74.65 2.6% 6” $90.35 $92.60 2.5%$95.10 2.7% 8” $135.50 $138.90 2.5%$142.60 2.7% 10” $187.10 $191.80 2.5%$196.95 2.7% User Class Current FY17 Rate ($/CCF) Recommended FY18 Rate ($/CCF)% Increase Recommended FY19 Rate ($/CCF)% Increase Residential 3.20$ 3.29$ 2.8%3.37$ 2.4% Large Residential 3.20$ 3.29$ 2.8%3.37$ 2.4% Commercial 3.20$ 3.29$ 2.8%3.37$ 2.4% High Strength Commercial 4.95$ 5.10$ 3.0%5.25$ 2.9% Public Buildings 3.20$ 3.29$ 2.8%3.37$ 2.4% Outside Retail Users 3.20$ 3.29$ 2.8%3.37$ 2.4% | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study ES-3 of TKN in the Commercial High Strength waste streams will be needed, as well as the average concentration in the overall wastewater stream. Table ES.4: Recommended FY18 and FY19 Strength Surcharge Rates Current FY17 Rate ($/Pound) Calculated FY18 Rate ($/Pound)% Increase Calculated FY19 Rate ($/Pound)% Increase BOD 0.4510$ 0.4510$ 0.0%0.4510$ 0.0% TSS 0.4668$ 0.4668$ 0.0%0.4671$ 0.1% Current FY17 Rate ($/kgal) Calculated FY18 Rate ($/kgal)% Increase Calculated FY19 Rate ($/kgal)% Increase Septage 39.87$ 39.87$ 0.0%39.87$ 0.0% | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study 1-1 1.0 Introduction In January 2017, the City of Billings retained AE2S Nexus to update its wastewater rate model and recommend Retail wastewater rates for the 2018 Fiscal Year (FY18), which begins July 1, 2017 and ends June 30, 2018, as well as for FY19. The rate model utilized by the City of Billings was originally developed by an outside utility rate consultant and was last updated in early 2015 by AE2S Nexus for the purpose of developing rates for FY16 and FY17. The City’s cost of service wastewater rate model utilizes a cash-based approach in calculating Retail rates. This approach is designed to meet all legal requirements for rate setting under Montana law. Revenue requirements are functionalized to the categories of flow, biochemical oxygen demand (BOD), total suspended solids (TSS), and customer costs. The flow, BOD, and TSS costs are allocated to the user classes based on user-specific characteristics and respective usage of the system, and form the basis for the volumetric and strength components of the user charges. Customer costs are then allocated to the user classes and form the basis for the monthly minimum component of the rate. At the City’s request, AE2S Nexus has updated the customer billing data, operating and maintenance (O&M), and capital revenue requirements. To complete a comprehensive update, assumptions upon which the model calculations are based were also reviewed and verified or updated to reflect current system conditions. This report summarizes the following topics:  Wastewater system usage parameters assumed for FY18 and FY19 (Section 2.0);  Projected FY18 and FY19 revenue requirements and associated assumptions (Section 3.0);  Allocation of FY18 and FY19 operating and capital-related revenue requirements (Section 4.0); and  Calculated FY18 and FY19 costs of service by user class and recommended FY18/FY19 wastewater rates for the Retail customer classes (Section 5.0). | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study 2-1 2.0 Customers and Usage The City of Billings provides wastewater service to approximately 33,610 users within City limits, 17 users outside of the City, and to the wholesale customers, Lockwood and Phillips 66. Large Residential users within the Commercial user class are charged based on winter average flow. Projected FY18 and FY19 accounts and meters are based on actual meter and account data from FY17, adjusted by one half of one percent annually. A growth factor of one percent per year is used to project flows for FY18 and FY19 based on actual billed flow data from FY16. Customer Class Description Flow Growth Factor Residential single family, two- and three- multi- family unit complexes 0.50% Commercial - Domestic 0.50% Residential - Large includes multi-family complexes with greater than three units 1.00% Commercial - High 1.00% Public Buildings Includes governments and schools 1.00% Outside City - Domestic 0.50% Rates for the wholesale users (Lockwood Water and Sewer District and Phillips 66) are calculated in separate rate models that apply the utility basis cost of service methodology rather than the cash-based methodology employed for Retail rate analysis. For the purpose of calculating rates for the Retail customers, revenue associated with the wholesale users was treated as non-rate revenue, reducing the net revenue requirements of the Retail users. Estimated FY18 and FY19 Retail customer accounts by meter size and equivalent meters are shown in Tables 2.1 and 2.2, respectively. The equivalent meter counts are shown on a 3/4-inch meter basis. Table 2.3 summarizes the projected FY18 and FY19 billable Retail flow for each user class, measured in units of one hundred cubic feet (CCF). | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study 2-2 Table 2.1: Projected FY18 Wastewater Customer Accounts and Equivalent Meters Table 2.2: Projected FY19 Wastewater Customer Accounts and Equivalent Meters Table 2.3: Projected FY18 and FY19 Retail Customer Flows Tables 2.4 and 2.5 present projected Retail customer strength concentrations and loadings for FY18 and FY19, respectively. Consistent with previous analyses, BOD and TSS strengths of Meter Size Residential Commercial - Domestic Residential- Large Commercial- High Strength Public Buildings- Domestic Outside City Total 3/4"30,004 1,380 330 20 11 8 31,753 1"369 359 277 15 5 5 1,030 1-1/2"23 239 113 28 13 1 417 2"- 129 58 8 18 1 214 3"4 68 30 4 24 1 132 4"1 15 16 3 5 - 40 6"- 10 17 - 4 - 31 8"- 2 3 - 2 1 8 10"- - - - - - - 12"- - 1 - - - 1 Total 30,401 2,202 845 78 82 17 33,626 Equivalent Meters 30,530 2,918 1,469 137 271 39 35,365 Meter Size Residential Commercial - Domestic Residential- Large Commercial- High Strength Public Buildings- Domestic Outside City Total 3/4"30,154 1,387 331 20 11 8 31,912 1"371 361 279 15 5 5 1,035 1-1/2"23 240 113 28 13 1 419 2"- 129 59 8 18 1 215 3"4 69 30 4 24 1 132 4"1 15 16 3 5 - 40 6"- 10 17 - 4 - 31 8"- 2 3 - 2 1 8 10"- - - - - - - 12"- - - - - - - Total 30,553 2,213 848 79 83 17 33,793 Equivalent Meters 30,683 2,933 1,477 138 272 40 35,542 Customer Class FY18 Flow (MG)FY19 Flow (MG) Residential 1,493.77 1,501.24 Large Residential 470.84 475.55 Commercial - Domestic 957.43 962.22 Commercial - High Strength 104.02 105.06 Public Buildings - Domestic 66.23 66.89 Outside City 24.78 25.02 Total 3,117.06 3,135.98 | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study 2-3 200 milligrams per liter (mg/L) (the current domestic limit) were assumed for all user classes with the exception of the Commercial – High Strength class. A concentration of 500 mg/L each for BOD and TSS was assumed for the Commercial – High Strength class. Table 2.4: Estimated FY18 Retail Concentrations and Loadings Table 2.5: Estimated FY19 Retail Concentrations and Loadings Customer Class BOD (mg/L)TSS (mg/L)BOD (pounds)TSS (pounds) Residential 200 200 2,493,309 2,493,309 Large Residential 200 200 785,901 785,901 Commercial - Domestic 200 200 1,598,077 1,598,077 Commercial - High Strength 500 500 434,044 434,044 Public Buildings - Domestic 200 200 110,541 110,541 Outside City 200 200 41,355 41,355 Total 5,463,227 5,463,227 Customer Class BOD (mg/L)TSS (mg/L)BOD (pounds)TSS (pounds) Residential 200 200 2,505,775 2,505,775 Large Residential 200 200 793,760 793,760 Commercial - Domestic 200 200 1,606,067 1,606,067 Commercial - High Strength 500 500 438,384 438,384 Public Buildings - Domestic 200 200 111,647 111,647 Outside City 200 200 41,769 41,769 Total 5,497,403 5,497,403 | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study 3-1 3.0 Revenue Requirements Revenue requirements consist of expenses incurred for O&M of the Wastewater Utility, as well capital-related expenses such as debt service principal, capital outlays, and contributions to reserves. These revenue requirements form the basis of costs recouped through calculated rates. 3.1 Operation and Maintenance Costs For the purpose of developing wastewater rates for FY18 and FY19, the O&M component of revenue requirements was based on the preliminary FY18 Wastewater Operating budget. This preliminary budget is broken out into six divisions. These divisions have been retitled since the previous report to better reflect the activity within each. To maintain consistency with previous reports for historic tracking, the analysis reconciled divisions according to the old naming system: Administration, Commercial & Meter Service Center, Wastewater Treatment Plant, Distribution and Collection, and Environmental Affairs. The utility also generates non-rate operating revenue, which is applied to offset operating costs. For the purpose of calculating the Retail rates, revenues from existing wholesale users Lockwood and Phillips 66 are accounted for as non-rate O&M revenue. Table 3.1 summarizes total projected O&M revenue requirements for FY18 and FY19, total projected O&M non-rate revenue, and net O&M revenue requirements. Table 3.1: Summary of FY18 and FY19 Wastewater O&M Revenue Requirements Line Item FY18 Total FY19 Total Administrative 1,704,987$ 1,764,661$ Utility Commercial & Meter 654,440$ 677,346$ Wastewater Treatment 4,587,491$ 5,148,053$ Distribution & Collection 1,476,063$ 1,527,725$ Environmental Affairs 510,736$ 528,612$ O&M – Total 8,933,717$ 9,646,397$ Less: Non-Rate O&M Revenue Sewer Permits 46,000$ 46,460$ Sale of Material/ Labor 5,000$ 5,050$ Collection of Bad Debt 13,000$ 13,130$ Wastewater Supply 45,000$ 45,450$ Franchise Fee 672,000$ 672,000$ Phillips 66 301,265$ 382,235$ Lockwood 145,584$ 298,129$ Misc & Surcharge Revenue 27,311$ 41,327$ Charge for Services 95,000$ 95,950$ Total Non-Rate O&M Revenue 1,350,160$ 1,599,731$ Net O&M Revenue Requirements 7,583,557$ 8,046,666$ | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study 3-2 3.2 Capital Costs The City provided information related to existing and anticipated debt service requirements, the five-year Capital Improvement Plan (CIP), non-CIP capital outlays, and anticipated capital- related non-rate revenue for FY18 and FY19. Unforeseen circumstances pushed back construction of the wastewater treatment plant’s nutrient-related project until late FY17 and into FY18-FY19. As a result, the FY17 CIP currently includes approximately $75.5M in capital projects, with the majority of it being at the WWTP. In order to facilitate construction, this project has already been bonded with anticipated debt service coming online in FY18. The FY18 CIP is anticipated to include approximately $9.6M in total capital expenditures with approximately $6.6M cash-funded. The FY19 CIP includes approximately $8.2M in total capital expenditures with all being cash-funded (with current capital programming encumbering all WWTP costs in FY17 and FY18). In both years, SDF revenues of approximately $1M are netted off to arrive at the Cash-Funded CIP requirement. 3.3 Total Revenue Requirements Table 3.3 summarizes the total net revenue requirements for FY18 and FY19, which total approximately $16.7M and $17.3M, respectively. Table 3.2: Summary of Net Capital-Related Revenue Requirements Table 3.3: Summary of Total Projected FY18 and FY19 Wastewater Net Revenue Requirements Line Item FY18 Total FY19 Total Debt Service 5,328,266$ 5,330,176$ Cash Funded CIP 5,592,949$ 7,143,101$ Transfers To (from) O&M Reserve 116,464$ 128,282$ Increase (Decrease) Operating Fund Balance(1,795,183)$ (3,207,736)$ Capital – Total 9,242,496$ 9,393,823$ Less: Non-Rate Capital Revenue Late Payment Interest 41,000$ 44,280$ Interest Earnings 135,000$ 145,800$ Total Non-Rate O&M Revenue 176,000$ 190,080$ Net Capital Revenue Requirements 9,066,496$ 9,203,743$ Net Capital Revenue Requirements $ 9,066,496 $ 9,203,743 Revenue Requirement Projected FY18 Projected FY19 Net O&M 7,583,557$ 8,046,666$ Net Capital 9,066,496$ 9,203,743$ Total 16,650,053$ 17,250,409$ | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study 4-1 4.0 Cost of Service Analysis 4.1 Methodology Following the establishment of net O&M and capital revenue requirements, costs must be allocated to each user class. To arrive at the final cost allocation to each user class, the revenue requirements were classified based on the manner in which the cost is related to user characteristics such as equivalent meters, flow, BOD, and TSS. The methodology employed for this analysis utilized the following classifications:  Flow;  BOD;  TSS; and  Customer. As noted in Section 3.0, the City will be constructing major wastewater treatment plant improvements starting in 2017. One of the primary treatment objectives of the facility improvements will be the reduction/removal of nitrogen from the wastewater stream. Once this facility is online and nitrogen contributions from the user classes are better understood, the City intends to implement a Total Kjeldahl Nitrogen (TKN) charge to properly assess costs associated with the treatment of nitrogen. An evaluation of a future nitrogen component of the strength surcharges was not part of this study. Once classified, the costs were allocated to the user classes based on the service characteristics associated with each user class for each classification. The revenue requirements comprising the Customer classified costs result in the calculation of the fixed monthly meter charges, and those allocated to the Flow, BOD, and TSS components comprise the charges that derive the volumetric rates. The following subsections illustrate the classification and allocation of O&M and Capital-related revenue requirements. 4.2 Classification of O&M Revenue Requirements Section 3.1 and Table 3.1 summarized the O&M net revenue requirements. Table 4.1 summarizes the O&M revenue classification percentages used for both FY18 and FY19. Tables 4.2 and 4.3, respectively, summarize the classified O&M net revenue requirements for FY18 and FY19. | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study 4-2 Table 4.1: FY18-FY19 Wastewater Classification Percentages for O&M and Non-Rate Revenue Table 4.2: Classified FY18 O&M Net Revenue Requirements Item Flow BOD TSS Customer Total Revenue Requirements Administrative 0.0% 0.0% 0.0% 100.0% 100.0% Commercial & Meter 0.0% 0.0% 0.0% 100.0% 100.0% Wastewater Treatment 50.0% 25.0% 25.0% 0.0% 100.0% Distribution and Collection 100.0% 0.0% 0.0% 0.0% 100.0% Environmental Affairs 50.0% 0.0% 0.0% 50.0% 100.0% Non-Rate Revenues Sewer Permits 55.7% 15.9% 15.9% 12.6% 100.0% Sale of Material/Labor 55.7% 15.9% 15.9% 12.6% 100.0% Misc Revenue 55.7% 15.9% 15.9% 12.6% 100.0% Collection Bad Debt 55.7% 15.9% 15.9% 12.6% 100.0% Wastewater Supply 55.7% 15.9% 15.9% 12.6% 100.0% Franchise Fee 55.7% 15.9% 15.9% 12.6% 100.0% Phillips 66 100.0% 0.0% 0.0% 0.0% 100.0% Lockwood 100.0% 0.0% 0.0% 0.0% 100.0% P66 Surcharge 100.0% 0.0% 0.0% 0.0% 100.0% Charge for Service 100.0% 0.0% 0.0% 0.0% 100.0% Transfer to O&M for Pipebursting Projects 100.0% 0.0% 0.0% 0.0% 100.0% Line Item FY18 Total Flow BOD TSS Customer Administrative 1,704,987$ -$ -$ -$ 1,704,987$ Utility Commercial & Meter 654,440$ -$ -$ -$ 654,440$ Wastewater Treatment 4,587,491$ 2,293,746$ 1,146,873$ 1,146,873$ -$ Distribution & Collection 1,476,063$ 1,476,063$ -$ -$ -$ Environmental Affairs 510,736$ 255,368$ -$ -$ 255,368$ O&M – Total 8,933,717$ 4,025,176$ 1,146,873$ 1,146,873$ 2,614,795$ Less: Non-Rate O&M Revenue Sewer Permits 46,000$ 25,614$ 7,298$ 7,298$ 5,790$ Sale of Material/ Labor 5,000$ 2,784$ 793$ 793$ 629$ Collection of Bad Debt 13,000$ 7,239$ 2,063$ 2,063$ 1,636$ Wastewater Supply 45,000$ 25,057$ 7,139$ 7,139$ 5,664$ Franchise Fee 672,000$ 374,190$ 106,616$ 106,616$ 84,578$ Phillips 66 301,265$ 301,265$ -$ Lockwood 145,584$ 145,584$ -$ -$ -$ Misc & Surcharge Revenue 27,311$ 27,089$ 79$ 79$ 63$ Charge for Services 95,000$ 95,000$ -$ -$ -$ Total Non-Rate O&M Revenue 1,350,160$ 1,003,823$ 123,989$ 123,989$ 98,360$ Net O&M Revenue Requirements 7,583,557$ 3,021,354$ 1,022,884$ 1,022,884$ 2,516,435$ | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study 4-3 Table 4.3: Classified FY19 O&M Net Revenue Requirements 4.3 Classification of Capital Cost Revenue Requirements The capital-related revenue requirements are shown in Table 3.2. In general, capital-related revenue requirements were classified in accordance with the composite makeup of the fixed asset base according to asset type. In FY18, the utility will acquire debt related to construction of the wastewater treatment plant (WWTP). Historically, the utility’s debt has been classified based on net asset value of the entire utility. Because the new debt for the WWTP is specifically related to treatment, the WWTP debt component of the capital-related revenue requirements is classified based on the composite classification of treatment plant components. The remainder of the capital-related revenue requirements is classified based on the makeup of net fixed assets. Fixed assets and classification of such are summarized in detail in Appendix A. Table 4.4 summarizes FY18 and FY19 net fixed assets for the wastewater system by asset type. Tables 4.5 and 4.6 summarize fixed assets by classification, as well as capital-related revenue requirements associated with capital outlays and debt for FY18 and FY19, respectively. Table 4.6 reflects rates based on a standard modification to FY18 allocation factors instead of the full impact of the new WWTP capital on the asset allocation. This was held consistent based on the anticipated incorporation of TKN charges into the rate structure in FY20. Classification assumptions associated with the new WWTP are shown in Table 4.7. Line Item FY19 Total Flow BOD TSS Customer Administrative 1,764,661$ -$ -$ -$ 1,764,661$ Utility Commercial & Meter 677,346$ -$ -$ -$ 677,346$ Wastewater Treatment 5,148,053$ 2,574,027$ 1,287,013$ 1,287,013$ -$ Distribution & Collection 1,527,725$ 1,527,725$ -$ -$ -$ Environmental Affairs 528,612$ 264,306$ -$ -$ 264,306$ O&M – Total 9,646,397$ 4,366,058$ 1,287,013$ 1,287,013$ 2,706,313$ Less: Non-Rate O&M Revenue Sewer Permits 46,460$ 25,870$ 7,371$ 7,371$ 5,847$ Sale of Material/ Labor 5,050$ 2,812$ 801$ 801$ 636$ Collection of Bad Debt 13,130$ 7,311$ 2,083$ 2,083$ 1,653$ Wastewater Supply 45,450$ 25,308$ 7,211$ 7,211$ 5,720$ Franchise Fee 672,000$ 374,190$ 106,616$ 106,616$ 84,578$ Phillips 66 382,235$ 382,235$ -$ -$ -$ Lockwood 298,129$ 298,129$ -$ -$ -$ Misc & Surcharge Revenue 41,327$ 41,103$ 80$ 80$ 64$ Charge for Services 95,950$ 95,950$ -$ -$ -$ Total Non-Rate O&M Revenue 1,599,731$ 1,252,908$ 124,162$ 124,162$ 98,497$ Net O&M Revenue Requirements 8,046,666$ 3,113,149$ 1,162,851$ 1,162,851$ 2,607,815$ | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study 4-4 Table 4.4: Summary of FY18 and FY19 Net Fixed Assets by Asset Type Table 4.5: Classification of FY18 Net Fixed Assets Table 4.6: Classification of FY19 Net Fixed Assets (note: FY19 allocation percentages held constant at FY18 in anticipation of TKN charges) Table 4.7: Classification of New WWTP Fixed Asset Type Original Cost Annual Depreciation Estimated Accumulated Depreciation Through FY 2017 FY 2016 CWIP Net Fixed Assets Net Fixed Assets FY18 Net Fixed Assets FY19 Wastewater Treatment 29,425,511$ 801,835$ 16,530,731$ 702,061$ 12,795,006$ 78,662,205$ Pumping & Lift Stations 7,603,247$ 262,312$ 3,232,290$ 560,042$ 4,668,687$ 7,380,322$ Collection & Distribution 82,503,647$ 1,518,921$ 19,733,182$ 2,511,404$ 63,762,948$ 75,316,304$ General Plant 10,585,072$ 413,481$ 7,233,333$ 192,000$ 3,135,702$ 3,733,867$ Total 130,117,477$ 2,996,549$ 46,729,536$ 3,965,507$ 84,362,343$ 165,092,699$ Fixed Asset Type Flow BOD TSS Customer Total Wastewater Treatment 4,768,639$ 3,840,771$ 4,185,595$ -$ 12,795,006$ Pumping & Lift Stations 4,114,998$ 297,845$ 255,845$ -$ 4,668,687$ Collection & Distribution 63,762,948$ -$ -$ -$ 63,762,948$ General Plant 3,009,624$ 52,564$ 56,036$ 17,477$ 3,135,702$ Total - Fixed Assets 75,656,209$ 4,191,180$ 4,497,476$ 17,477$ 84,362,343$ Percent Allocation - Net Plant In Service 89.7%5.0%5.3%0.0%100.0% Capital Outlay-Related Revenue Requirements 4,647,218$ 257,445$ 276,260$ 1,074$ 5,181,996$ Treatment-Related Assets 6,004,856$ 3,858,341$ 4,155,030$ -$ 14,018,227$ Percent Allocation - Treatment Plant 42.8%27.5%29.6%0.0%100.0% Treatment Plant Debt-Related Revenue Requirements 1,663,967$ 1,069,160$ 1,151,373$ -$ 3,884,500$ Total Capital-Related Revenue Requirements (Capital Outlay + Treatment Debt) 6,311,185$ 1,326,605$ 1,427,633$ 1,074$ 9,066,496$ Fixed Asset Type Flow BOD TSS Customer Total Wastewater Treatment 33,956,078$ 34,778,635$ 9,927,492$ -$ 78,662,205$ Pumping & Lift Stations 6,256,422$ 578,650$ 545,250$ -$ 7,380,322$ Collection & Distribution 75,316,304$ -$ -$ -$ 75,316,304$ General Plant 3,444,894$ 125,480$ 130,313$ 33,180$ 3,733,867$ Total - Fixed Assets 118,973,698$ 35,482,765$ 10,603,056$ 33,180$ 165,092,699$ Percent Allocation - Net Plant In Service 72.1%21.5%6.4%0.0%100.0% Capital Outlay-Related Revenue Requirements 3,831,788$ 1,142,794$ 341,493$ 1,069$ 5,317,143$ Treatment-Related Assets 33,754,995$ 32,617,620$ 7,672,637$ -$ 74,045,252$ Percent Allocation - Treatment Plant 45.6%27.5%26.9%0.0%100.0% Treatment Plant Debt-Related Revenue Requirements 1,771,784$ 1,069,738$ 1,045,078$ -$ 3,886,600$ Total Capital-Related Revenue Requirements (Capital Outlay + Treatment Debt) 5,603,571$ 2,212,532$ 1,386,571$ 1,069$ 9,203,743$ Flow BOD TSS Customer New WWTP 46.1% 45.2% 8.7% 0.00% | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study 4-5 4.4 Summary of Total Classified Net Revenue Requirements Table 4.8 summarizes the net O&M and Capital-related revenue requirements by classification. Wastewater rate-setting analyses in previous years established a method for gradually bringing fixed charges in line with the cost of service by allocating a percentage of fixed cost to a fixed demand component. To remain consistent with this approach, 3.1 percent of the flow costs were reallocated to the fixed demand component in FY18. Table 4.9 shows the FY18 net revenue requirements reflecting this adjustment. Similarly, 3.0 percent of flow costs were reallocated to the fixed demand component in the FY19 rate calculation. Net O&M and Capital-related revenue requirements for FY19 are shown in Table 4.10, with adjusted net revenue requirements in Table 4.11. The final step in calculating the cost of service is to allocate the classified costs to the user classes. Table 4.12 summarizes the customer service characteristics for each Retail user class. The allocation of revenue requirements to each user class is summarized in Section 5.0. Table 4.8: Summary of FY18 Classified Net Revenue Requirements Table 4.9: Summary of Adjusted FY18 Classified Net Revenue Requirements Table 4.10: Summary of FY19 Classified Net Revenue Requirements Table 4.11: Summary of Adjusted FY19 Classified Net Revenue Requirements Line Item Flow BOD TSS Volume - Total Customer Total Revenue Requirements O&M 3,021,354$ 1,022,884$ 1,022,884$ 5,067,122$ 2,516,435$ 7,583,557$ Capital 6,311,185$ 1,326,605$ 1,427,633$ 9,065,423$ 1,074$ 9,066,496$ Total 9,332,538$ 2,349,489$ 2,450,517$ 14,132,544$ 2,517,509$ 16,650,053$ Line Item Flow BOD TSS Volume - Total Customer Total Revenue Requirements O&M 2,927,692$ 1,022,884$ 1,022,884$ 4,973,460$ 2,610,097$ 7,583,557$ Capital 6,115,538$ 1,326,605$ 1,427,633$ 8,869,776$ 196,720$ 9,066,496$ Total 9,043,229$ 2,349,489$ 2,450,517$ 13,843,236$ 2,806,818$ 16,650,053$ Line Item Flow BOD TSS Volume - Total Customer Total Revenue Requirements O&M 3,113,149$ 1,162,851$ 1,162,851$ 5,438,851$ 2,607,815$ 8,046,666$ Capital 5,603,571$ 2,212,532$ 1,386,571$ 9,202,675$ 1,069$ 9,203,743$ Total 8,716,721$ 3,375,383$ 2,549,422$ 14,641,525$ 2,608,884$ 17,250,409$ Line Item Flow BOD TSS Volume - Total Customer Total Revenue Requirements O&M 3,019,755$ 1,162,851$ 1,162,851$ 5,345,456$ 2,701,210$ 8,046,666$ Capital 5,435,464$ 2,212,532$ 1,386,571$ 9,034,567$ 169,176$ 9,203,743$ Total 8,455,219$ 3,375,383$ 2,549,422$ 14,380,024$ 2,870,386$ 17,250,409$ | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study 4-6 Table 4.12: Summary of Retail Customer Service Characteristics Customer Class Flow BOD TSS Customer (Equivalent Meters) Residential 48%46%46% 86% Large Residential 15%14%14% 4% Commercial 31%29%29% 8% High Strength Commercial 3%8%8% 0% Public Buildings 2%2%2% 1% Outside City 1%1%1% 0% Total 100%100% 100% 100% | City of Billings, Montana: FY2018/Y2019 Retail Wastewater Rate Study 5-1 5.0 Results and Proposed Rates 5.1 Cost of Service Results The total revenue requirements to be recovered through rates for FY18 and FY19 were projected to total $16,650,053 and $17,250,409, respectively. Tables 5.1 and 5.2 summarize the allocated revenue requirements by user class for these respective years. Table 5.1: Summary of FY18 Wastewater Cost of Service Results Table 5.2: Summary of FY19 Wastewater Cost of Service Results User Class Total Meter Total Volume Total Residential 2,173,346$ 6,663,007$ 8,836,353$ Large Residential 104,589$ 2,100,206$ 2,204,795$ Commercial 207,719$ 4,270,630$ 4,478,349$ High Strength Commercial 9,764$ 692,779$ 702,543$ Public Buildings 19,280$ 295,406$ 314,686$ Outside City 2,811$ 110,517$ 113,327$ Total 2,517,509$ 14,132,544$ 16,650,053$ User Class Total Meter Total Volume Total Residential 2,252,217$ 6,873,420$ 9,125,636$ Large Residential 108,385$ 2,177,308$ 2,285,692$ Commercial 215,257$ 4,405,493$ 4,620,750$ High Strength Commercial 10,118$ 764,481$ 774,599$ Public Buildings 19,980$ 306,251$ 326,231$ Outside City 2,927$ 114,574$ 117,501$ Total 2,608,884$ 14,641,525$ 17,250,409$ | City of Billings, Montana: FY2018/Y2019 Retail Wastewater Rate Study 5-2 5.2 Recommended FY18 and FY19 Wastewater Rates Based on the results of this study, the recommended rates for inside and outside City Users are shown in Tables 5.3 and 5.4, respectively. Due to the City’s practice of rounding the wastewater fixed charge to the nearest $0.05, the cost of service-based rate increases very slightly for some of the meters in FY18 and FY19. Based on projected expenditures and wastewater flows, the cost of service model indicated a rate increase is necessary in FY18 and FY19; however, these rate increases do not bring the utility into a revenue neutral state. Over the last few years, the rate strategy has been to smooth into rate increases needed to operate the expansion of the wastewater treatment facility (anticipated to begin construction this April). As a result, the City planned to build cash reserves in order to use those same cash reserves and increase rates at a more moderate pace into the full cost of service needed for revenue sufficiency. Rate increases in FY18 and FY19 are part of the strategy to utilize those cash reserves in a fair and equitable manner for all customers. Table 5.5 outlines recommended volumetric rates based on this approach. Calculated cost of service-based rates for the outside users Lockwood and Phillips 66 were evaluated as part of this study, but are reported under separate cover. Table 5.3: FY18 and FY19 Recommended Monthly Minimum Wastewater Charges – Inside City Retail Users Meter Size Inside City Current FY17 Rate ($/Month) Inside City Recommended FY18 Rate ($/Month) % Increase Recommended Inside City FY19 Rate ($/Month) % Increase 3/4” $6.45 $6.60 2.3%$6.80 3.0% 1” $8.20 $8.40 2.4%$8.65 3.0% 1-1/2” $10.10 $10.35 2.5%$10.60 2.4% 2” $10.55 $10.80 2.4%$11.10 2.8% 3” $17.00 $17.45 2.6%$17.90 2.6% 4” $64.50 $66.15 2.6%$67.90 2.6% 6” $82.10 $84.20 2.6%$86.45 2.7% 8” $123.15 $126.25 2.5%$129.65 2.7% 10” $170.05 $174.35 2.5%$179.05 2.7% | City of Billings, Montana: FY2018/Y2019 Retail Wastewater Rate Study 5-3 Table 5.4: FY18 and FY19 Recommended Monthly Minimum Wastewater Charges – Outside City Retail Users Table 5.5: FY18 and FY19 Recommended Wastewater Volumetric Rates Meter Size Outside City Current FY17 Rate ($/Month) Recommended Outside City FY18 Rate ($/Month) % Increase Recommended Outside City FY19 Rate ($/Month) % Increase 3/4” $7.10 $7.25 2.1%$7.45 2.8% 1” $9.00 $9.20 2.2%$9.45 2.7% 1-1/2” $11.10 $11.35 2.3%$11.60 2.2% 2” $11.60 $11.85 2.2%$12.15 2.5% 3” $18.65 $19.10 2.4%$19.60 2.6% 4” $71.00 $72.75 2.5%$74.65 2.6% 6” $90.35 $92.60 2.5%$95.10 2.7% 8” $135.50 $138.90 2.5%$142.60 2.7% 10” $187.10 $191.80 2.5%$196.95 2.7% User Class Current FY17 Rate ($/CCF) Recommended FY18 Rate ($/CCF)% Increase Recommended FY19 Rate ($/CCF)% Increase Residential 3.20$ 3.29$ 2.8%3.37$ 2.4% Large Residential 3.20$ 3.29$ 2.8%3.37$ 2.4% Commercial 3.20$ 3.29$ 2.8%3.37$ 2.4% High Strength Commercial 4.95$ 5.10$ 3.0%5.25$ 2.9% Public Buildings 3.20$ 3.29$ 2.8%3.37$ 2.4% Outside Retail Users 3.20$ 3.29$ 2.8%3.37$ 2.4% | City of Billings, Montana: FY2018/Y2019 Retail Wastewater Rate Study 5-4 5.3 Strength Surcharge Recommendations As noted throughout this report, the City is implementing significant wastewater treatment plant improvements designed to remove nutrients from the wastewater stream. The City does not currently have a nitrogen surcharge, but will be considering the implementation of such in FY19. In preparation for that, it is recommended that the City collect samples to determine the nitrogen concentration of the overall wastewater stream, as well as specifically the waste streams associated with any Commercial High Strength users. Table 5.6 presents the recommended BOD and TSS surcharge rates for FY18 and FY19. The cost of service results indicate that a significant change in surcharge rates will be required in FY18 when the wastewater treatment plant improvements come online. However, given the relatively small amount of surcharge revenue generated for the utility, it is recommended that FY19 rates be held at or near the recommended FY18 rates until an evaluation of a TKN rate can be completed. Table 5.6: Recommended FY18 and FY19 Strength Surcharge Rates Current FY17 Rate ($/Pound) Calculated FY18 Rate ($/Pound)% Increase Calculated FY19 Rate ($/Pound)% Increase BOD 0.4510$ 0.4510$ 0.0%0.4510$ 0.0% TSS 0.4668$ 0.4668$ 0.0%0.4671$ 0.1% Current FY17 Rate ($/kgal) Calculated FY18 Rate ($/kgal)% Increase Calculated FY19 Rate ($/kgal)% Increase Septage 39.87$ 39.87$ 0.0%39.87$ 0.0% | City of Billings, Montana: FY2018/Y2019 Retail Wastewater Rate Study 5-5 5.4 FY18 Bill Comparison Finally, for the purpose of illustrating the effect of the recommended FY18 rates on varying levels of usage, Table 5.7 provides a bill comparison. Description Meter Size Consumption (CCF) Previous (FY17) Proposed (FY18) Difference Percent Change Residential 3/4" 0 2 7 20 $6.45 $12.85 $28.85 $70.45 $6.60 $13.18 $29.63 $72.39 $0.15 $0.33 $0.78 $1.94 2.3% 2.6% 2.7% 2.8% Commercial- -Domestic 3/4" 0 8 30 100 $6.45 $32.05 $102.45 $326.45 $6.60 $32.92 $105.29 $335.56 $0.15 $0.87 $2.84 $9.11 2.3% 2.7% 2.8% 2.8% 1" 0 20 50 400 $8.20 $72.20 $168.20 $1,288.20 $8.40 $74.19 $172.88 $1,324.24 $0.20 $1.99 $4.68 $36.04 2.4% 2.8% 2.8% 2.8% 2" 0 20 90 400 $10.55 $74.55 $298.55 $1,290.55 $10.80 $76.59 $306.86 $1,326.64 $0.25 $2.04 $8.31 $36.09 2.4% 2.7% 2.8% 2.8% 3” 0 50 150 1,200 $17.00 $177.00 $497.00 $3,857.00 $17.45 $181.93 $510.89 $3,964.97 $0.45 $4.93 $13.89 $107.97 2.6% 2.8% 2.8% 2.8% 4" 0 200 350 2,600 $64.50 $704.50 $1,184.50 $8,384.50 $66.15 $724.07 $1,217.51 $8,619.11 $1.65 $19.57 $33.01 $234.61 2.6% 2.8% 2.8% 2.8% 6" 0 300 600 3,000 $82.10 $1,042.10 $2,002.10 $9,682.10 $84.20 $1,071.08 $2,057.96 $9,953.00 $2.10 $28.98 $55.86 $270.90 2.6% 2.8% 2.8% 2.8% 8" 0 800 1,150 4,000 $123.15 $2,683.15 $3,803.15 $12,923.15 $126.25 $2,757.93 $3,909.29 $13,284.65 $3.10 $74.78 $106.14 $361.50 2.5% 2.8% 2.8% 2.8% | City of Billings, Montana: FY2018/Y2019 Retail Wastewater Rate Study 5-6 Description Meter Size Consumption (CCF) Previous (FY17) Proposed (FY18) Difference Percent Change Commercial- -High 3/4" 0 30 90 100 $6.45 $154.95 $451.95 $501.45 $6.60 $159.56 $465.47 $516.45 $0.15 $4.61 $13.52 $15.00 2.3% 3.0% 3.0% 3.0% 1-1/2" 0 30 90 100 $10.10 $158.60 $455.60 $505.10 $10.35 $163.31 $469.22 $520.20 $0.25 $4.71 $13.62 $15.10 2.5% 3.0% 3.0% 3.0% 2" 0 90 175 400 $10.55 $456.05 $876.80 $1,990.55 $10.80 $469.67 $903.04 $2,050.20 $0.25 $13.62 $26.24 $59.65 2.4% 3.0% 3.0% 3.0% 3” 0 100 200 275 $17.00 $512.00 $1,007.00 $1,378.25 $17.45 $527.30 $1,037.15 $1,419.54 $0.45 $15.30 $30.15 $41.29 2.6% 3.0% 3.0% 3.0% 4" 0 200 350 500 $64.50 $1,054.50 $1,797.00 $2,539.50 $66.15 $1,085.85 $1,850.63 $2,615.40 $1.65 $31.35 $53.63 $75.90 2.6% 3.0% 3.0% 3.0% 6" 0 200 600 500 $82.10 $1,072.10 $3,052.10 $2,557.10 $84.20 $1,103.90 $3,143.30 $2,633.45 $2.10 $31.80 $91.20 $76.35 2.6% 3.0% 3.0% 3.0% Outside City 3/4" 0 2 8 20 $7.10 $13.50 $32.70 $71.10 $7.25 $13.83 $33.57 $73.04 $0.15 $0.33 $0.87 $1.94 2.1% 2.4% 2.7% 2.7% Table 5.7: Wastewater Bill Comparison – FY17 to FY18 | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study A-1 Appendix A: Fixed Asset Tables Asset and Asset Group Original Cost Annual Depreciation FY2017 CWIP FY18 Net Fixed Assets Estimated FY19 Net Fixed Assets Electrical Shop--Building $751,292 $33,547 $0 $310,955 $277,400 Admin Building--Building $1,245,809 $0 $0 $0 $96,000 Admin Building--Non-Building $248,184 $0 $0 $0 $0 Admin Building--Machinery & Equipment $225,075 $17,482 $0 $87,387 $69,900 Waste Disposal Station-- Building $37,275 $0 $0 $0 $49,000 Waste Disposal Station--Non- Building $0 $0 $0 $0 $0 Waste Disposal Station-- Machinery & Equipment $0 $0 $0 $0 $0 Land Site Work--Land $65,381 $0 $0 $65,381 $65,400 Land Site Work--Non-Building $1,880,157 $36,883 $0 $444,751 $407,900 Land Site Work--Machinery & Equipment $469,633 $19,993 $0 $339,748 $319,800 Monitoring Stations--Non- Building $0 $0 $0 $0 $0 Engine Generation--Building $518,846 $9,911 $0 $421,215 $411,300 Engine Generation--Non- Building $507,688 $15,232 $0 $36,801 $21,600 Engine Generation--Machinery & Equipment $536,310 $23,631 $0 $16,577 $0 Maintenance Building--Building $275,329 $8,261 $0 $19,958 $11,700 Headworks Building/Grit Removal--Building $6,211,360 $124,227 $0 $4,969,090 $4,844,900 Headworks Building/Grit Removal--Non-Building $76,182 $7,618 $0 $39,996 $662,026 Headworks Building/Grit Removal--Machinery & Equipment $0 $0 $0 $0 $0 Scum Pumping Station Building- -Building $167,442 $4,285 $0 $31,286 $27,000 Scum Pumping Station Building- -Non-Building $9,262 $0 $0 $1 $0 Scum Pumping Station Building- -Machinery & Equipment $55,669 $4,285 $0 $10,713 $6,400 Sludge Pumping Station-- Building $227,596 $3,470 $0 $41,652 $626,200 Sludge Pumping Station--Non- Building $549,929 $5,766 $0 $470,037 $464,300 | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study A-2 Asset and Asset Group Original Cost Annual Depreciation FY2017 CWIP FY18 Net Fixed Assets Estimated FY19 Net Fixed Assets Sludge Pumping Station-- Machinery & Equipment $0 $0 $0 $0 $0 Primary Clarifiers--Non-Building $2,727,542 $77,174 $0 $1,245,507 $1,343,647 Grit Removal Building--Building $59,625 $2,981 $0 $35,787 $32,800 Grit Removal Building--Non Building $42,000 $2,100 $0 $20,675 $18,600 Grit Removal Building-- Machinery & Equipment $294,047 $0 $0 $0 $0 Secondary Pump Station-- Building $125,000 $0 $0 $0 $0 Secondary Pump Station--Non- Building $102,465 $3,074 $0 $23,200 $2,424,822 Secondary Pump Station-- Machinery & Equipment $3,084,022 $154,712 $0 $822,813 $668,100 Aeration Basins--Building $50,000 $0 $0 $0 $0 Aeration Basins--Non-Building $2,885,884 $86,585 $0 $1,011,443 $1,554,526 Aeration Basins--Machinery & Equipment $567,570 $0 $35,495 $35,495 $35,500 Secondary Final Clarifier--Non- Building $432,375 $0 $0 $0 $0 Secondary Final Clarifier-- Machinery & Equipment $31,250 $0 $0 $0 $0 Secondary Floatation--Building $444,107 $9,482 $0 $102,856 $957,400 Secondary Floatation--Non- Building $94,166 $0 $0 $0 $0 Secondary Floatation-- Machinery & Equipment $32,500 $0 $0 $0 $0 Chlorine Contact Basins-- Building $50,000 $0 $0 $0 $0 Chlorine Contact Basins--Non- Building $3,350,955 $108,590 $0 $2,586,021 $2,477,400 Chlorine Contact Basins-- Machinery & Equipment $0 $0 $0 $0 $14,864,246 Digester/Sludge Control-- Building $57,200 $0 $0 $0 $0 Digester/Sludge Control--Non- Building $6,486 $0 $0 $1 $153,266 Digester/Sludge Control-- Machinery & Equipment $12,500 $0 $0 $0 $0 Secondary Digester--Non- Building $822,354 $20,806 $0 $50,261 $3,461,107 Secondary Digester--Machinery & Equipment $800,000 $0 $0 $0 $80,921 | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study A-3 Asset and Asset Group Original Cost Annual Depreciation FY2017 CWIP FY18 Net Fixed Assets Estimated FY19 Net Fixed Assets Solids Processing Building-- Building $1,964,573 $12,249 $0 $111,895 $99,600 Solids Processing Building-- Non-Building $589,606 $22,130 $0 $105,048 $436,971 Solids Processing Building-- Machinery & Equipment $2,297,075 $125,354 $180,000 $557,296 $431,900 Decant Pumping/Tanks-- Building $831,496 $0 $0 $0 $0 Decant Pumping/Tanks--Non- Building $104,674 $0 $0 ($1) $0 Decant Pumping/Tanks-- Machinery & Equipment $89,529 $0 $0 $0 $0 Odor Control--Building $181,900 $3,638 $0 $59,117 $55,500 Odor Control--Non-Building $0 $0 $0 $0 $9,088,172 Odor Control--Machinery & Equipment $0 $0 $0 $0 $0 Primary Digester--Building $1,000,203 $30,009 $0 $72,500 $532,500 Primary Digester--Non-Building $883,972 $48,837 $0 $178,260 $129,400 Primary Digester--Machinery & Equipment $837,355 $13,807 $0 $157,421 $143,600 Lateral Lines--Non-Building $46,687,072 $894,184 $300,000 $35,667,483 $35,327,300 Trunk Lines--Non-Building $28,595,863 $483,873 $2,211,404 $25,018,472 $37,052,804 Interceptor Lines--Non-Building $6,383,835 $124,126 $0 $2,348,888 $2,224,800 Utility Services Building-- Building $387,721 $1,884 $192,000 $215,298 $448,600 Utility Services Building--Non- Building $96,335 $0 $0 $0 $0 Utility Services Building-- Machinery & Equipment $0 $0 $0 $0 $0 Heated Storage--Building $57,323 $0 $0 $0 $0 Cold Storage--Building $17,841 $0 $0 $0 $0 Cold Storage--Non-Building $78,446 $0 $0 $0 $0 Distribution Mains--Machinery & Equipment $803,388 $16,068 $0 $698,970 $682,900 Five Mile Creek Lift Station-- Building $1,943,216 $38,864 $39,100 $1,846,291 $1,806,100 Five Mile Creek Lift Station-- Machinery & Equipment $957,106 $47,855 $520,942 $1,310,555 $1,245,300 Alkali Creek Lift Station--Land $112,139 $0 $0 $112,139 $112,100 Lake Hills Lift Station-- Machinery & Equipment $269,400 $0 $0 $0 $0 Central Avenue Lift Station--$0 $0 $0 $0 $0 | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study A-4 Asset and Asset Group Original Cost Annual Depreciation FY2017 CWIP FY18 Net Fixed Assets Estimated FY19 Net Fixed Assets Non-Building Central Avenue Lift Station-- Machinery & Equipment $0 $0 $0 $0 $0 Transportation Equipment-- Machinery & Equipment $1,705,869 $165,413 $0 $733,082 $721,367 Construction Equipment-- Machinery & Equipment $699,842 $47,922 $0 $80,301 $186,067 Lab Equipment--Machinery & Equipment $75,324 $5,021 $0 $19,849 $168,467 Communication Equipment-- Machinery & Equipment $91,803 $9,593 $0 $0 $153,667 Tools & Working--Machinery & Equipment $126,704 $6,433 $0 $23,974 $17,500 Office Furniture--Machinery & Equipment $139,218 $11,132 $0 $12,404 $1,300 Gas Pumps--Machinery & Equipment $46,162 $1,099 $0 $6,887 $5,800 Black Otter Trail Land - Land $298,405 $0 $0 $298,405 $298,400 Black Otter Trail Land -- Non- Building $3,100 $44 $0 $2,728 $2,700 WWTP General--Non-Building $708,875 $25,392 $486,566 $984,107 $9,586,576 Hydrants--Infrastructure $33,489 $670 $0 $29,135 $28,500 Bench Sewer $0 $0 $0 $0 $0 West Mechanical Building $732,228 $70,630 $0 $410,018 $1,319,400 Supernat Tank $53,655 $0 $0 $0 $0 Rehburg Ranch Lagoons - Non- Building $102,267 $10,227 $0 $62,213 $52,000 Nutrient Facilities $0 $0 $0 $0 $24,483,655 UV equipment $0 $0 $0 $0 $1,816,592 $130,117,477 $2,996,549 $3,965,507 $84,362,343 $165,092,699 Table A.1: Net Fixed Assets | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study A-5 Item Flow BOD TSS Custome r Total Electrical Shop--Building $277,831 $15,991 $17,133 $0 $310,955 Admin Building--Building $0 $0 $0 $0 $0 Admin Building--Non-Building $0 $0 $0 $0 $0 Admin Building--Machinery & Equipment $62,463 $3,595 $3,852 $17,477 $87,387 Waste Disposal Station--Building $0 $0 $0 $0 $0 Waste Disposal Station--Non-Building $0 $0 $0 $0 $0 Waste Disposal Station--Machinery & Equipment $0 $0 $0 $0 $0 Land Site Work--Land $65,381 $0 $0 $0 $65,381 Land Site Work--Non-Building $444,751 $0 $0 $0 $444,751 Land Site Work--Machinery & Equipment $339,748 $0 $0 $0 $339,748 Monitoring Stations--Non-Building $0 $0 $0 $0 $0 Engine Generation--Building $376,346 $21,662 $23,208 $0 $421,215 Engine Generation--Non-Building $32,881 $1,893 $2,028 $0 $36,801 Engine Generation--Machinery & Equipment $14,811 $852 $913 $0 $16,577 Maintenance Building--Building $17,832 $1,026 $1,100 $0 $19,958 Headworks Building/Grit Removal--Building $1,242,273 $1,242,27 3 $2,484,54 5 $0 $4,969,090 Headworks Building/Grit Removal--Non-Building $0 $0 $39,996 $0 $39,996 Headworks Building/Grit Removal--Machinery & Equipment $0 $0 $0 $0 $0 Scum Pumping Station Building--Building $0 $31,286 $0 $0 $31,286 Scum Pumping Station Building--Non-Building $0 $1 $0 $0 $1 Scum Pumping Station Building--Machinery & Equipment $0 $10,713 $0 $0 $10,713 Sludge Pumping Station--Building $0 $20,826 $20,826 $0 $41,652 Sludge Pumping Station--Non-Building $0 $235,019 $235,019 $0 $470,037 Sludge Pumping Station--Machinery & Equipment $0 $0 $0 $0 $0 Primary Clarifiers--Non-Building $0 $548,023 $697,484 $0 $1,245,507 Grit Removal Building--Building $0 $0 $35,787 $0 $35,787 Grit Removal Building--Non Building $0 $0 $20,675 $0 $20,675 Grit Removal Building--Machinery & Equipment $0 $0 $0 $0 $0 Secondary Pump Station--Building $0 $0 $0 $0 $0 Secondary Pump Station--Non-Building $23,200 $0 $0 $0 $23,200 Secondary Pump Station--Machinery & Equipment $822,813 $0 $0 $0 $822,813 Aeration Basins--Building $0 $0 $0 $0 $0 Aeration Basins--Non-Building $0 $1,011,44 3 $0 $0 $1,011,443 Aeration Basins--Machinery & Equipment $0 $35,495 $0 $0 $35,495 Secondary Final Clarifier--Non-Building $0 $0 $0 $0 $0 Secondary Final Clarifier--Machinery & Equipment $0 $0 $0 $0 $0 Secondary Floatation--Building $0 $102,856 $0 $0 $102,856 | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study A-6 Item Flow BOD TSS Custome r Total Secondary Floatation--Non-Building $0 $0 $0 $0 $0 Secondary Floatation--Machinery & Equipment $0 $0 $0 $0 $0 Chlorine Contact Basins--Building $0 $0 $0 $0 $0 Chlorine Contact Basins--Non-Building $2,586,021 $0 $0 $0 $2,586,021 Chlorine Contact Basins--Machinery & Equipment $0 $0 $0 $0 $0 Digester/Sludge Control--Building $0 $0 $0 $0 $0 Digester/Sludge Control--Non-Building $0 $0 $0 $0 $1 Digester/Sludge Control--Machinery & Equipment $0 $0 $0 $0 $0 Secondary Digester--Non-Building $0 $25,131 $25,131 $0 $50,261 Secondary Digester--Machinery & Equipment $0 $0 $0 $0 $0 Solids Processing Building--Building $0 $55,948 $55,948 $0 $111,895 Solids Processing Building--Non-Building $0 $52,524 $52,524 $0 $105,048 Solids Processing Building--Machinery & Equipment $0 $278,648 $278,648 $0 $557,296 Decant Pumping/Tanks--Building $0 $0 $0 $0 $0 Decant Pumping/Tanks--Non-Building $0 -$1 -$1 $0 -$1 Decant Pumping/Tanks--Machinery & Equipment $0 $0 $0 $0 $0 Odor Control--Building $52,820 $3,040 $3,257 $0 $59,117 Odor Control--Non-Building $0 $0 $0 $0 $0 Odor Control--Machinery & Equipment $0 $0 $0 $0 $0 Primary Digester--Building $0 $36,250 $36,250 $0 $72,500 Primary Digester--Non-Building $0 $89,130 $89,130 $0 $178,260 Primary Digester--Machinery & Equipment $0 $78,711 $78,711 $0 $157,421 Lateral Lines--Non-Building $35,667,48 3 $0 $0 $0 $35,667,48 3 Trunk Lines--Non-Building $25,018,47 2 $0 $0 $0 $25,018,47 2 Interceptor Lines--Non-Building $2,348,888 $0 $0 $0 $2,348,888 Utility Services Building--Building $215,298 $0 $0 $0 $215,298 Utility Services Building--Non-Building $0 $0 $0 $0 $0 Utility Services Building--Machinery & Equipment $0 $0 $0 $0 $0 Heated Storage--Building $0 $0 $0 $0 $0 Cold Storage--Building $0 $0 $0 $0 $0 Cold Storage--Non-Building $0 $0 $0 $0 $0 Distribution Mains--Machinery & Equipment $698,970 $0 $0 $0 $698,970 Five Mile Creek Lift Station--Machinery & Equipment $1,846,291 $0 $0 $0 $1,846,291 Alkali Creek Lift Station--Land $1,310,555 $0 $0 $0 $1,310,555 Lake Hills Lift Station--Machinery & Equipment $112,139 $0 $0 $0 $112,139 Central Avenue Lift Station--Non-Building $0 $0 $0 $0 $0 Central Avenue Lift Station--Machinery & Equipment $0 $0 $0 $0 $0 Transportation Equipment--Machinery & Equipment $0 $0 $0 $0 $0 Construction Equipment--Machinery & Equipment $733,082 $0 $0 $0 $733,082 | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study A-7 Item Flow BOD TSS Custome r Total Lab Equipment--Machinery & Equipment $80,301 $0 $0 $0 $80,301 Communication Equipment--Machinery & Equipment $8,376 $5,674 $5,799 $0 $19,849 Tools & Working--Machinery & Equipment $0 $0 $0 $0 $0 Office Furniture--Machinery & Equipment $21,420 $1,233 $1,321 $0 $23,974 Gas Pumps--Machinery & Equipment $11,083 $638 $683 $0 $12,404 Black Otter Trail Land - Land $6,887 $0 $0 $0 $6,887 WWTP General--Non-Building $298,405 $0 $0 $0 $298,405 Hydrants--Infrastructure $2,728 $0 $0 $0 $2,728 Bench Sewer $415,296 $281,301 $287,510 $0 $984,107 West Mechanical Building $29,135 $0 $0 $0 $29,135 Supernat Tank $0 $0 $0 $0 $0 Rehburg Ranch Lagoons - Non-Building $410,018 $0 $0 $0 $410,018 Nutrient Facilities $0 $0 $0 $0 $0 UV equipment $62,213 $0 $0 $0 $62,213 Grant Total - Net Fixed Assets $75,656,20 9 $4,191,18 0 $4,497,47 6 $17,477 $84,362,34 3 Percent Allocation 89.68% 4.97% 5.33% 0.02% 100.00% Capital Outlay-Related Costs $4,647,218 $257,445 $276,260 $1,074 $5,181,996 Debt -Related Costs $1,663,967 $1,069,16 0 $1,151,37 3 $0 $3,884,500 Total Capital-Related Costs $6,311,185 $1,326,60 5 $1,427,63 3 $1,074 $9,066,496 Table A.2: Classification of Net Fixed Assets – FY18 | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study A-8 Item Flow BOD TSS Custo mer Total Electrical Shop--Building $247,850 $14,266 $15,284 $0 $277,400 Admin Building--Building $68,619 $3,950 $4,231 $19,20 0 $96,000 Admin Building--Non-Building $0 $0 $0 $0 $0 Admin Building--Machinery & Equipment $49,963 $2,876 $3,081 $13,98 0 $69,900 Waste Disposal Station--Building $0 $24,500 $24,500 $0 $49,000 Waste Disposal Station--Non-Building $0 $0 $0 $0 $0 Waste Disposal Station--Machinery & Equipment $0 $0 $0 $0 $0 Land Site Work--Land $65,400 $0 $0 $0 $65,400 Land Site Work--Non-Building $407,900 $0 $0 $0 $407,900 Land Site Work--Machinery & Equipment $319,800 $0 $0 $0 $319,800 Monitoring Stations--Non-Building $0 $0 $0 $0 $0 Engine Generation--Building $367,487 $21,152 $22,662 $0 $411,300 Engine Generation--Non-Building $19,299 $1,111 $1,190 $0 $21,600 Engine Generation--Machinery & Equipment $0 $0 $0 $0 $0 Maintenance Building--Building $10,454 $602 $645 $0 $11,700 Headworks Building/Grit Removal--Building $1,211,2 25 $1,211,2 25 $2,422,4 50 $0 $4,844,9 00 Headworks Building/Grit Removal--Non-Building $0 $0 $662,02 6 $0 $662,026 Headworks Building/Grit Removal--Machinery & Equipment $0 $0 $0 $0 $0 Scum Pumping Station Building--Building $0 $27,000 $0 $0 $27,000 Scum Pumping Station Building--Non-Building $0 $0 $0 $0 $0 Scum Pumping Station Building--Machinery & Equipment $0 $6,400 $0 $0 $6,400 Sludge Pumping Station--Building $0 $313,10 0 $313,10 0 $0 $626,200 Sludge Pumping Station--Non-Building $0 $232,15 0 $232,15 0 $0 $464,300 Sludge Pumping Station--Machinery & Equipment $0 $0 $0 $0 $0 Primary Clarifiers--Non-Building $0 $591,20 5 $752,44 2 $0 $1,343,6 47 Grit Removal Building--Building $0 $0 $32,800 $0 $32,800 Grit Removal Building--Machinery & Equipment $0 $0 $18,600 $0 $18,600 $0 $0 $0 $0 $0 Secondary Pump Station--Building $0 $0 $0 $0 $0 Secondary Pump Station--Non-Building $2,424,8 22 $0 $0 $0 $2,424,8 22 Secondary Pump Station--Machinery & Equipment $668,100 $0 $0 $0 $668,100 Aeration Basins--Building $0 $0 $0 $0 $0 Aeration Basins--Non-Building $0 $1,554,5 26 $0 $0 $1,554,5 26 Aeration Basins--Machinery & Equipment $0 $35,500 $0 $0 $35,500 Secondary Final Clarifier--Non-Building $0 $0 $0 $0 $0 | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study A-9 Item Flow BOD TSS Custo mer Total Secondary Final Clarifier--Machinery & Equipment $0 $0 $0 $0 $0 Secondary Floatation--Building $0 $957,40 0 $0 $0 $957,400 Secondary Floatation--Non-Building $0 $0 $0 $0 $0 Secondary Floatation--Machinery & Equipment $0 $0 $0 $0 $0 Chlorine Contact Basins--Building $0 $0 $0 $0 $0 Chlorine Contact Basins--Non-Building $2,477,4 00 $0 $0 $0 $2,477,4 00 Chlorine Contact Basins--Machinery & Equipment $14,864, 246 $0 $0 $0 $14,864, 246 Digester/Sludge Control--Building $0 $0 $0 $0 $0 Digester/Sludge Control--Non-Building $0 $76,633 $76,633 $0 $153,266 Digester/Sludge Control--Machinery & Equipment $0 $0 $0 $0 $0 Secondary Digester--Non-Building $0 $1,730,5 53 $1,730,5 53 $0 $3,461,1 07 Secondary Digester--Machinery & Equipment $0 $40,461 $40,461 $0 $80,921 Solids Processing Building--Building $0 $49,800 $49,800 $0 $99,600 Solids Processing Building--Non-Building $0 $218,48 6 $218,48 6 $0 $436,971 Solids Processing Building--Machinery & Equipment $0 $215,95 0 $215,95 0 $0 $431,900 Decant Pumping/Tanks--Building $0 $0 $0 $0 $0 Decant Pumping/Tanks--Non-Building $0 $0 $0 $0 $0 Decant Pumping/Tanks--Machinery & Equipment $0 $0 $0 $0 $0 Odor Control--Building $49,588 $2,854 $3,058 $0 $55,500 Odor Control--Non-Building $8,120,0 67 $467,37 1 $500,73 4 $0 $9,088,1 72 Odor Control--Machinery & Equipment $0 $0 $0 $0 $0 Primary Digester--Building $0 $266,25 0 $266,25 0 $0 $532,500 Primary Digester--Non-Building $0 $64,700 $64,700 $0 $129,400 Primary Digester--Machinery & Equipment $0 $71,800 $71,800 $0 $143,600 Lateral Lines--Non-Building $35,327, 300 $0 $0 $0 $35,327, 300 Trunk Lines--Non-Building $37,052, 804 $0 $0 $0 $37,052, 804 Interceptor Lines--Non-Building $2,224,8 00 $0 $0 $0 $2,224,8 00 Utility Services Building--Building $448,600 $0 $0 $0 $448,600 Utility Services Building--Non-Building $0 $0 $0 $0 $0 Utility Services Building--Machinery & Equipment $0 $0 $0 $0 $0 Heated Storage--Building $0 $0 $0 $0 $0 Cold Storage--Building $0 $0 $0 $0 $0 Cold Storage--Non-Building $0 $0 $0 $0 $0 Distribution Mains--Machinery & Equipment $682,900 $0 $0 $0 $682,900 Five Mile Creek Lift Station--Building $1,806,1 $0 $0 $0 $1,806,1 | City of Billings, Montana: FY2018/FY2019 Retail Wastewater Rate Study A-10 Item Flow BOD TSS Custo mer Total 00 00 Five Mile Creek Lift Station--Machinery & Equipment $1,245,3 00 $0 $0 $0 $1,245,3 00 Alkali Creek Lift Station--Land $112,100 $0 $0 $0 $112,100 Lake Hills Lift Station--Machinery & Equipment $0 $0 $0 $0 $0 Central Avenue Lift Station--Non-Building $0 $0 $0 $0 $0 Central Avenue Lift Station--Machinery & Equipment $0 $0 $0 $0 $0 Transportation Equipment--Machinery & Equipment $721,367 $0 $0 $0 $721,367 Construction Equipment--Machinery & Equipment $186,067 $0 $0 $0 $186,067 Lab Equipment--Machinery & Equipment $71,093 $48,155 $49,218 $0 $168,467 Communication Equipment--Machinery & Equipment $137,298 $7,903 $8,467 $0 $153,667 Tools & Working--Machinery & Equipment $15,636 $900 $964 $0 $17,500 Office Furniture--Machinery & Equipment $1,162 $67 $72 $0 $1,300 Gas Pumps--Machinery & Equipment $5,800 $0 $0 $0 $5,800 Black Otter Trail Land - Land $298,400 $0 $0 $0 $298,400 Black Otter Trail Land -- Non-Building $2,700 $0 $0 $0 $2,700 WWTP General--Non-Building $4,045,5 59 $2,740,2 67 $2,800,7 50 $0 $9,586,5 76 Hydrants--Infrastructure $28,500 $0 $0 $0 $28,500 Bench Sewer $0 $0 $0 $0 $0 West Mechanical Building $1,319,4 00 $0 $0 $0 $1,319,4 00 Supernat Tank $0 $0 $0 $0 $0 Rehburg Ranch Lagoons - Non-Building $52,000 $0 $0 $0 $52,000 Nutrient Facilities $0 $24,483, 655 $0 $0 $24,483, 655 UV equipment $1,816,5 92 $0 $0 $0 $1,816,5 92 Grant Total - Net Fixed Assets $118,973 ,698 $35,482, 765 $10,603, 056 $33,18 0 $165,092 ,699 Percent Allocation* 72.06% 21.49% 6.42% 0.02% 100.00% Capital Outlay-Related Costs $3,831,7 88 $1,142,7 94 $341,49 3 $1,069 $5,317,1 43 Debt -Related Costs $1,771,7 84 $1,069,7 38 $1,045,0 78 $0 $3,886,6 00 Total Capital-Related Costs $5,603,5 71 $2,212,5 32 $1,386,5 71 $1,069 $9,203,7 43 *Note: using adjusted allocation factors for FY19 to reflect hold on shift to TKN based rates in 2020 Table A.3: Classification of Net Fixed Assets – FY19