City of Ashland, Oregon / City Recorder / City Council Information / Packet Archives / Year 2002 / 05/21 / Proposed RESO - Water Rates
Proposed RESO - Water Rates
[Council Communication ] [ Proposed
Resolution ]
Council Communication
| Title: |
A resolution increasing water rates |
| Dept: |
Finance Department |
| Date: |
May 15, 2002 |
| Submitted By: |
Lee Tuneberg, Finance Director |
| Reviewed By: |
Greg Scoles, City Administrator |
| Synopsis: |
The approved budget for FY 2002-03 calls for an increase
of water rates in keeping with the rate model and projected operational costs.
Staff used a consultant to do considerable rate analysis and resulting in
the belief that an increase of 5% for all rates is needed.
The increase would be effective for bills prepared on or after July
15, 2002 beginning with Cycle five. |
| Recommendation: |
Staff recommends approval of the attached
resolution. |
| Fiscal Impact: |
The resolution represents a $146,500 increase in
revenues in the Water Fund balancing current year revenues and operational
needs within the approved FY 2002-2003 budget and providing adequate annual
revenues to meet bond covenants.
The increase for rates will also generate an additional $7,325 franchise
revenue which represent right-of-way payments to the General Fund. |
| Background: |
The city last increased water rates effective in
August 1999. Since that time Water Fund operational costs have increased
12.7% whereas revenue growth since FY 2000 has been less than 3%. Cost increases
are primarily related to power, chemicals and instrumentation. Revenue
limitations occurred during the near drought curtailment experienced in late
summer of 2001.
The intent is to raise rates July 2002 and continue to monitor the
balance of operational revenue to operational expense, adjusting where necessary
to meet bond coverage requirements and remain close to the fund balance target.
|
End of Document - Back to Top
RESOLUTION NO. 2002-
A RESOLUTION REVISING RATES FOR WATER SERVICE
PURSUANT TO ASHLAND MUNICIPAL CODE SECTION 14.04.030.
THE CITY OF ASHLAND RESOLVES AS FOLLOWS:
SECTION 1. The water rate charges and rates as shown on the water rate schedule
attached as Exhibit "A" shall be effective with Cycle five billings prepared
on or after July 15, 2002.
SECTION 2. One copy of this resolution shall be maintained in the Office
of the City Recorder.
SECTION 3. Classification of the fee. The fees specified in Section 1 and
Section 2 of this resolution is classified as not subject to the limits of
Section 11b of Article XI of the Oregon Constitution (Ballot Measure 5).
This resolution was read by title only in accordance with Ashland Municipal
Code §2.04.090 duly PASSED and ADOPTED this ____ day of ___May______,
2002.
Barbara Christensen, City Recorder
SIGNED and APPROVED this day of , 2002.
Alan W. DeBoer, Mayor
Reviewed as to form:
Paul Nolte, City Attorney
End of Document - Back to Top
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