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HomeMy WebLinkAboutPublic Hearing for Resolution No. 4327, including a 5% increase to Water Rates effective 9-1-11 and 5% increase on 9-1-12.pdf Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Anna Rosenberry, Finance Director Chris Kukulski, City Manager SUBJECT: Resolution No. 4327 – Water Rates MEETING DATE: August 8, 2011 RECOMMENDATION: Adopt Resolution No. 4327 which includes a 5% increase to water rates effective on September 1, 2011 and a 5% increase on September 1, 2012. BACKGROUND: The City Manager’s Recommended budget included an Option A and Option B for water rate increases. These amounts were the result of an update to our 5-Year Comprehensive Water Rate study, presented to the Commission on June 20, 2011. · Option A: 3% increase each year, with water pipe replacements funded at an average of ~$462,000 each year. · Option B: 5% increase each year, with water pipe replacements funded at an average of ~$1,000,000 each year. To give the Commission maximum flexibility, we advertized and prepared the resolution with consideration for the highest rate increase (Option B.) The Commission is free to adopt as-is, or make adjustments to the rate increase this evening. We continue to operate with a tiered block of rates for residences, to encourage water conservation. A copy of the updated rate study for 156 Option B can be found under Water & Wastewater Rate Studies online at http://www.bozeman.net/Departments-(1)/Finance/Budgets-and-Financials. This resolution, for Option B, is estimated to increase Water Fund revenue by approximately $288,000 in FY12 and an additional $306,000 in FY13. Water charges are largely based on each customer’s consumption of water. Average residential customers (current: $36.78/month) would see a monthly increase of $1.84 in FY12, and an additional $1.93 in FY13. ALTERNATIVES: Option C: During the June 20, 2011 Budget Work Session, Commissioners asked about the how changing the amount of “Estimated Water Impact Fee Revenues” would affect the rate model. · The current rate model assumes that we will need to borrow $3 Million for the Water Treatment Plant that is attributed to Impact Fee eligible costs at the plant. · The rate model assumes we will collect $400,000 annually from Impact Fees in FY12- FY14, and $500,000 annually in FY15 and FY16. o The Actual Water Impact Fee collections in FY09-FY11 have averaged $850,000/year. $947,000 $880,000 $713,000 $- $400,000 $300,000 $400,000 $400,000 FY09 FY10 FY11* est FY12 Water Impact Fees Rate Study Amount Actual Revenues 157 · If we changed our estimate of annual revenues from Impact Fees to $850,000 for each of the years in rate study: o We could pay off the full $3 Million loan at some time in FY16 (the last year of this rate model.) o Upon full payment, our debt service amounts would be reduced by a total of $215,000/year. o $215,000/year amounts to 3.3% of FY16 revenues. If the Commission wanted to take this approach to budgeting for Impact Fees within the rate model, we could reduce the recommended rate increases from 5% to 4.5% in each year of the 5-year model. The risk would be if actual Impact Fee collections fell below their recent annual average. We could monitor the situation on a year-to-year basis. Under this alternative rate of 4.5% increase each year, Water Fund revenue would increase by approximately $260,000 in FY12 and an additional $274,000 in FY13. Average residential customers (current: $36.78/month) would see a monthly increase of $1.66 in FY12, and an additional $1.73 in FY13. FISCAL EFFECTS Summary: The fiscal effects of these options are described above. To summarize their effect on Average Residential Customers: Water Rates FY12 FY13 Average Residential Customer Monthly Increase Annual Increase Monthly Increase Annual Increase Option A - 3% $ 1.10 $ 13.20 1.14 13.68 Option B - 5% $ 1.84 $ 22.08 1.93 23.16 Option C - 4.5% $ 1.66 $ 19.92 1.73 20.76 Report compiled on July 26, 2011 Attachments: Resolution No. 4327 Slide 8, Option A & B 158 Page 1 of 3 COMMISSION RESOLUTION NO. 4327 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, ESTABLISHING RATES FOR WATER SERVICE FOR THE CITY OF BOZEMAN. WHEREAS, the City Commission of the City of Bozeman, following notice and public hearing established a new Rate Schedule for the City of Bozeman’s Water Fund. NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman, Montana, that the new rates for water services, based on a 30-day month, shall become effective beginning with the bills due in September 2011 and September 2012 as follows, to wit: Section 1 – Metered Water Rates Current Effective Effective Water Sept. 1 Sept. 1 Rates 2011 2012 5/8"$13.42 14.09$ 14.79$ 1"$17.78 18.66$ 19.60$ 1 1/4"$22.28 23.39$ 24.56$ 1 1/2"$27.96 29.35$ 30.82$ 2"$40.66 42.70$ 44.83$ 3"$70.28 73.79$ 77.48$ 4"$112.72 118.36$ 124.28$ 6"$210.09 220.59$ 231.62$ 8"$332.17 348.78$ 366.22$ B. Minimum Charges - up to 200 Cubic Feet Residential & Low Income*$4.37 4.58$ 4.81$ Multi-Family $3.34 3.51$ 3.69$ Commercial & Com Spec $2.94 3.09$ 3.24$ Government & Govt Spec $3.05 3.20$ 3.36$ Montana State University $3.79 3.98$ 4.18$ First 0 - 7 HCF $2.18 2.29$ 2.41$ 8 - 15 HCF $2.34 2.46$ 2.58$ Over 15 HCF $2.77 2.91$ 3.05$ Multi-Family $1.67 1.76$ 1.84$ Commercial & Com Spec $1.47 1.54$ 1.62$ Government & Govt Spec $1.52 1.60$ 1.68$ Montana State University $1.90 1.99$ 2.09$ * Metered, Single Family Only City of Bozeman Water Rates A. Meter Charge C. Consumption Charge - $/HCF Residential & Low Income* 159 Page 2 of 3 Explanatory note: Each customer shall pay a minimum monthly bill which includes applicable amount according to meter size (A) plus the minimum water charge (B). For water consumed in excess of 200 cubic feet, a customer shall pay the additional commodity charge (C). Section 2 – Flat Rate Customers Section 3 – Low Income Rate Assistance Effective on the September 2011 billing Customers who apply for and qualify under the State’s Low Income Property Tax Assistance Program, as set forth in Section 15-6-134 MCA, will receive a credit equal to their monthly water service charge listed above. Section 4 – Billing Procedures Charges for water services under this schedule shall be made a part of the current monthly water bill, to be shown by separate item on such bill. Separate payment of either the charge for the water or the charge for the wastewater will not be accepted with prior approval of the Director of Finance. Both charges must be paid at the same time; partial payments will be applied to the wastewater charge first, with any remainder being applied to the water charge. Charges for water used and wastewater service charges become due and payable upon receipt of the bill. If any bill is not paid on or before the fifteenth day of that month, it will then become delinquent; and if not paid in full by the fifteenth day of the following month, water service to the premises involved may be discontinued (shut-off), after a ten- day written notice. A charge of twenty five dollars ($25.00) shall be made for any account requiring written shut-off notice. An additional charge of twenty-five dollars ($25.00) during regular business hours or seventy-five dollars ($75.00) during non- business hours shall be made for reinstating a water service which has been discontinued for non-payment of water and/or wastewater service charges. Current Effective Effective Water Sept. 1 Sept. 1 Rates 2011 2012 Single Family, Unmetered $58.63/month $61.56/month $64.64/month City Park Irrigation $1,641/acre/year $1,723/acre/year $1,809/acre/year Fire Protection $140,620 Annually $147,651 Annually $155,033 Annually Bulk, non-potable for construction use $3.25/1,000 gallons $3.41/1,000 gallons $3.58/1,000 gallons Bulk, non-potable water is only available at the City Shops complex and is subject to a $5.00 minimum purchase. City of Bozeman Unmetered Water Rates 160 Page 3 of 3 Section 5 – ACH Incentive For those customers who choose the automatic clearing house (ACH) payment option, a one dollar ($1.00) discount will be taken from the total utility bill (total of water, sewer, garbage). Bills will be mailed by the first working day of the month; with the automatic payment being deducted on the 15th of the following month. Section 6 – Late Fee For those accounts that become delinquent, a 1.5 percent (1.5%) late fee will be assessed on the next bill. The minimum late fee shall be $1.00. Section 7 – Protests In cases where water service charges under this schedule are claimed to be unfair, unreasonable, or not in proportion to charges made to other water customers, the person or persons against whom such charges are made may apply to the City Manager for an adjustment, stating the circumstances. The City Manager, or his designated representative, may make such adjustment of the water charges as is deemed necessary, fair and equitable. PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 8th day of August, 2011; and effective beginning with that billing period which will first appear on the September 2011 water billing. ________________________________________ Jeffrey K. Krauss Mayor ATTEST: ____________________________________ Stacy Ulmen, CMC City Clerk APPROVED AS TO FORM: ____________________________________ Greg Sullivan City Attorney 161 Water Pipe Replacements Water Pipe Replacements Water Pipe Replacements Water Pipe Replacements Option A – 3% IncreaseOption A: ~$600,000/utility/yearRequired Rate Increase Each Year FY12 FY13 FY14 FY15 FY16Annual AverageWPiRlPj3%1 100 0001 210 000462 000ProjectedWater Pipe Replacement Projects3%‐               1,100,000       ‐                  1,210,000 ‐              462,000          Sewer Pipe Replacement Projects 5% 800,000         ‐                    1,000,000         ‐                1,200,000    600,000            Total 800,000.00  1,100,000        1,000,000        1,210,000   1,200,000    1,062,000         ProjectedOption B – 5% IncreaseOption B: ~$900,000/utility/yearRequired Rate Increase Each Year FY12 FY13 FY14 FY15 FY16 Annual Average Water Pipe Replacement Projects 5% 922,555        1,205,720        974,165           947,720       969,435       1,003,919         Projected8Sewer Pipe Replacement Projects 7% 884,600        886,000           1,003,150        952,700       803,200       905,930            Total 1,807,155    2,091,720        1,977,315        1,900,420   1,772,635    1,909,849         162