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HomeMy WebLinkAboutRPT 4 WTR SERVICE RVW 04-15-85REPORTS TO: WILLIAM HUSTON, CITY MANAGER FROM: BOB LEDENDECKER, DIRECTOR OF PUBLIC WORKS/CITY' ENGINEER WATER SERVICE FINANCIAL REVIEW The attached analysis, which has been prepared by Reed Jensen, provides six separate schedules which outlines the effects of the sale of facilities to both Santa Aha and Orange, and the utilization of the new Columbus-Tustin well. As shown in Schedule A, the percentage of pumped water vs. percentage of purchased water is beginning to approach the desired 60% pumped vs. the 40% purchased ratio. These figures are based upon the shut down of the La Veta well facility due to its high level of nitrates. At this time, it does not appear that there will be a need to engage a consultant to re-evaluate the water rate structure. This rate structure can be reviewed on an annual basis or as major changes are made to the system operation such a~ the addition of more pumped water into the system. If there is any additional information required by any of the Council members, staff can meet with them on an individual basis. Bob Ledendecker ' Director of Public Works/City Engineer BL:jr Attachment Inter-Corn TO: Ron Nault, Bob Ledendecker FROM: Reed Jensen, Water Service Analyst SUBdECT: Water Supply Requirements, Costs and Revenue. Attached are Schedule "A" thru "E" that I have prepared, per your request, that may be used as information and analysis. The schedules are: Schedule "A# Schedule "B" Schedule "C" Schedule "D" Schedule "E" Water Supply Requirement and Effect of Proposed Changes. S~m~,ary of Annual Revenue from Fixed Charges. Schedule of Fixed Charges in Revenue by Size and Type. Estimated Annual 1985-86 Water Revenue and Effect of Proposed Change in Sale of Facilities. Proposed Annual Water Supply Costs at Proposed 1985-86 Rates and Effect of Changes in Requirement. If you have any questions or need additional information, please let know. CITY OF TUSTIN WATER SERVICE WATER SUPPLY REQUIREMENT AND EFFECT OF PROPOSED CHANGES (in acre feet) WATER SUPPLY REQUIREMENT Pumped Water Purchased Water E.O.C.W.D. City of Orange Total Current 1984-85 5940 45 7054 53 206 2 13200 100 Effect After Changes Acre feet % 950 (140) (950) (46) (206) -0- (46) (346) 6750 53 6058 47 12808 100 3/25/85 Schedule "A" CITY OF TUSTIN WATER SERVICE Summary of Annual Revenue from Fixed Charges (dollars) Single Multiple Elimination For Sale Balance Type of Family Family Total City of After Charge Units units Santa AnaOran~e Total Sale Service Charge 328,529 127,596 456,125 1,813 9,801 11,614 444,511 Custom, er Charge 196,474 13,503 209,977 1,387 7,605 8,992 200,985 Debt ServiceChg. 596,340 255,192 851,532 3,660 19,785 23,445 828,087 1,121,343 396,291 1,517,634 6,860 37,191 44,051 1,473,583 3/22/85 Schedule "B" 0000000 0~00000 ~OH 4~ .~ 00~ IIIIII IIIIII 0 CITY OF TUSTIN WATER SERVICE ESTIMATED ANNUAL 1985-86 WATER REVENUE and ~FFECT of PROPOSED CHANGE in SALE of FACILITIES WATER REQUIREMENT or 13,200 Acre Feet 5,750,000 ccf WATER AVAILABLE FOR SALE Water Requirement Less Estimated Unaccounted for Water (10%) Water Available for Sale 5,750,000 ccf 575,000 ccf 5,175,000 ccf ESTIMATED WATER REVENUE QUANTITY RATE Water Available for Sale Less Water Sales at Lifeline Rate (13,800 x 36 ccf/yr. Balance of Water at Regular Rate 5,175,000 ccf 496,800 ccf 4,678~200 ccf Lifeline Rate (496,800 @ $0.330/ccf) Excess of Lifeline Rate (4,678,200 @ $0.710/ccf) Total Revenue from Commodity Rate $ 163,944 3,321,522 $3,485,466 70% Fixed Charge Rate (Schedule "C") Total Estimated Annual Water Revenue 1,517,634 30% $5,003,100 EFFECT OF SALE ON REVENUE CITY OF SANTA ANA Fixed Charge (Schedule "B") Commodity Charge $ 6,860 12,936 19,796 CITY OF ORANGE Fixed Charge (Schedule "B") 37,190 Co~u~lodity Charge 100,070 Net Estimated Annual Water Revenue after Sale 137,260 $4,846,044 3/25/85 Schedule "D" CITY OF TUSTIN WATER SERVICE PROPOSED ANNUAL WATER SUPPLY COSTS at PROPOSED 1985-86 RATES and EFFECT of CHANGES in REQUIREMENT CURRENT (1984-85) Acre Proposed Feet Rates(l) Pumped Water 5,940 87 Purchased Water 7,260 228 Totals 13,200 AFTER PROPOSED CHANGES IN REQUIREMENT Pumped Water 6,750 Purchased Water 6,058 Totals (Schedule "A") 12,808 87 228 Amount $ 516,780 1,655,280 $2,172,060 $ 587,250 1,381,224 1,968,478 Net Decrease in Water Supply Costs $ 203,582 (1) UNIT COST OF PROPOSED WATER COSTS (in acre feet) Pumped Water Cost of Powe~ $ 55 Replenishment Assessment 32 Proposed Unit Cost to Pump Water $--~ (2) Purchased Water EOCWD & City of Orange $264 Service Connection Charge (MWDOC) 2 Interruptible Water Credit (6) Basin Equity Assessment Credit (32) Proposed Unit Cost to Purchase Water $228 (2) Does not take into consideration the cost of land, depreciation or Operating Expenses of Well Equipment. 3/25/85 Schedule "E"