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HomeMy WebLinkAboutNB 1 WTR CONSUMP RTE 06-07-82DATE: June 2, 1982 7:30 P.M. Meeting NEW BUSINESS No. 1 6-7-82 Inter-Corn TO: FROM: SUBJECT: HONORABLE MAYOR AND COUNCIL MEMBERS BILL HUSTON, CITY MANAGER 1982-83 WATER CONSUMPTION RATE RECOMMENDATION: That the City Council adopt the attached resolution which provides for a 15% increase in the water consumption rate. The increase would apply to the bi-monthly rate for over 600 cubic feet of water consumed. The life-line rate (0-600 cubic feet of water) and meter char§es would not change. BACKGROUND: The City Council has received the preliminary budget for fiscal year 1982-83. The water service preliminary budget for 1982-83 is predicated upon a 15% increase in the water consumption rate. The City Council recently authorized the establishment of a $6.50 bi-monthly service charge for multiple dwelling units in order to generate income and cure an inequity in the rate structure. A 12% increase in the water consumption rate was authorized in 1981-81. DISCUSSION: The 1982-83 preliminary budget for the water system incluaes expenditures of $3,506,519 and revenue of $3,722,116. Listed below is a comparison of the 1981-82 and 1982-83 water system budgets: 1981-82 1982-83 % Difference $3,367,619 8.7% 138,900 (53.4%) $3,506,519 3.3% Operations Capital Improvements $3,097,966 297,800 TOTAL $3,395,766 The preliminary expenditures amount does not include the cost of salary adjustments which are currently being negotiated. Listed below are the reasons for the proposed increase: Operating Costs - have increased due to inflation and rate increases which are passed onto the City. Energy costs, which constitute 11.4% of the operating budget, are projected to increase 40% in 1982-83. The cost of purchased water {which supplements pumped water), constitutes 33.5% of the operating buUget and will increase 23% in 1982-83 due to a rate adjustment passed by the East Orange County Water District. e Personnel expenses are $56,198 less than the budgeted amount for 1981-82 due to the elimination of two positions. Even with salary adjustments, 1982-83 personnel expenses will be less than 1981-82. When the cost of energy, debt service, purchased water and the water system engineering analysis are deducted from the supplies and services portions of the 1981-82 and 1982-83 budgets, supplies and services for 1982-83 are 14% less than 1981-82. A comparison of the major operating cost categories for the water system and the actual dollar increases are: 1981-82 1982-83 Increase Purchased Water $ 953,374 $1,173,681 $ 220,307 Energy 276,000 385,000 109,000 Debt Service 728,021 734,000 5,979 Enginrg. Analysis 15,000 70,000 55,000 $1,977,395 $2,362,681 $ 385,286 In 1982-83, the cost of debt service, purchased water and energy total $2,292,681 which is 68% of the total operating budget. Unfortunately, little can be done to control these cost increases. The cost of the engineering analysis is a one time expenditure which is essential in order to develop a plan for the management of the system, identify present and future capital improvement requirements and develop a rate structure which is stable yet sufficient to cover the cost of operating the system. The cost of debt service is fixed based upon obligations assumed from the Tustin Water Works. Energy costs are incurred as a result of operating pump stations. The water system engineering analysis will include a review of pumping facilities and possible means of reducing future energy costs through upgrading of those facilities. However, reduction of annual energy costs would more than likely require a long range program of capital improvements which will depend upon the cost-benefit relationship and availability of funds. Purchased water supplements water pumped from the City's wells. The current cost of purchased water is recovered through the water consumption rate, however if the consumpti6n rate is not increased to reflect the higher cost of purchased water, net revenue will decline. The water system engineering analysis will also evaluate groundwater production vs. purchased water in order to determine whether additional wells would reduce operating costs. Debt Service - as indicated above, the 1982-83 budget includes $734,000 for debt service which is a fixed operating cost. Debt service for 1982-83 includes the following: Water Works Purchase Agreement Repayment of Developer Advances Tustin Water Works Bonds 432,500 110,000 191,500 As of Nov. 1, 1980, the City assumed debt obligations of: Developer Advances Purchase Agreement (approximate) Water Works Bonds 1,000,000 3,500,000 2,600,000 7,100,000 To date, $300,000 of the water works bonds have been paid. The developer advances (a debt incurred as a result of a PUC regulation which governed the Tustin Water Works) will be re-paid in nine years. The purchase agreement is being finalized and would provide that the net purchase price be re-paid over a 25 year period. The bonds issued by Tustin Water Works and now an obligation of the City require annual interest payments of: 1982 - 1985 $191,500 1985 - 1989 119,500 1989 - 1990 95,500 1990 - 1993 71,500 1991 - 1993 47,500 The bonds will be paid off in 1993. The remaining principal payments for the Tustin Water Works bonds (which are in addition to the annual interest payments) are due in: 1985 $900,000 1989 300,000 1990 300,000 1991 300,000 1993 500,000 $2,300,000 A 15% increase in the consumption rate will generate approximately $325,000. When the new consumption rate is combined with the current water meter charge, the water bill of the average single family dwelling unit will increase 9.8% or $1.63 per month. The projected June 30, 1983 fund balance of $230,547 is predicated upon the 15% rate increase and proposed expenditures in the 1982-83 preliminary budget. In determining the adequacy of a fund balance for an enterprise system, which the City's water system is, the following factors should be considered: Contingencies and cash flow - a minimum of 5 -10% of the annual operating budget should be retained to cover unanticipated expenses and cash flow requirements. Debt - monies should be reserved for future debt service. As ~cated above, the City has a debt obligation totalling 6.8 million dollars (7.1 million dollars tess the $300,000 paid to date). The developer advances repayments, purchase agreement payments, and interest payments on the water works bonds are budgeted as operating expenses. However, no reserve has been established for the principal payments of 2.3 million doll ars which are due beginning in 1985. Depreciation - monies should be set-aside to fund system depreciation. Monies are being earmarked for replacement of equipment, however, funds have not been reserved on an annual basis tO fund the replacement of major facilities such as pump stations, reservoirs, and the underground system. Capital Improvements - the 1982-83 budget includes $138,900 for capital improvement projects. Given the size and age of the water system, this amount is minimal. The fund balance should include a reserve for future capital improvement projects. In order to address the financial status of the water system, a water management plan will be submitted to the City Council this fall which addresses: The basic objectives of the system. Feasibility of expanding or decreasing the scope of the system. Evaluation of groundwater production vs. purchased water; pumping vs. storage facilities; water quality constraints vs. consumer costs, and system redundancy vs. interruptible water pricing. Definition of the short and long-term tasks the City must undertake to address the needs of the system. Evaluation of the system's ability to meet the demands of present and future development domestic and fireflow requirements. Evaluation of the condition of system facilities. A master water system plan for future development. A capital improvement plan (including funding and scheduling). The plan is necessa~ in order to have a benchmark upon which to evaluate the system's present and future rate structure and its operational requirements. Ideally, consideration of an increase in the water consumption rate would be deferred until the water management plan is completed and acted upon by the City Council. It can be assumed that additional funds will be generated by selling accounts in the cities of Orange and Santa Aha. However, it should be expected that the water management plan will reinforce the need to develop a rate structure which generates funds required to cover operating costs, debt service, depreciation and capital improvements. The proposed 15% increase in the consumption rate provides funds to cover increased operating expenses and generates a fund balance which, although nominal given the obligations of the water system is necessary. Attached is a budget comparison of the 1981-82 wa~er system budget with the 1982-83 budget request. WH: dmt ,/~,'~J 1 RESOLUTION NO. 82-44 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ADJUSTING WATER SERVICE RATES WHEREAS, the Tustin Water Service has experienced increased costs of operations; and WHEREAS, it has become necessary to adjust certain water service rates to recover the additional costs of operations; NOW, THEREFORE, the City Council of the City of Tustin does hereby resolve as follows: 10 11 12 13 14 15 16 17 18 19 20 21 1. Effective July 1 , 1982, the adjusted bi-monthly water usage rates and charges are hereby established: Water Usage Charges: a. 0 to 600 cubic feet ..... $0.295 per 100 cubic feet b. Over 600 cubic feet ..... 0.537 per 100 cubic feet Meter Charges: c. Plus bi-monthly service charge per meter (except for meters serving more than one residential unit): 5/8" x 3/4" METER . 1" METER · 1 1/2" METER . 2" METER . 3" METER . 4" METER . 6" METER . .... $ 6.5o ..... 9.74 ..... 13.10 ..... 17.85 ..... 33.04 ..... 44.55 ...... 74.50 Multiple Residential Charges: d. Plus bi-monthly service charge for service where more than one residential unit is served by a meter: $6.50 per residential unit. 22 2. Bi-monthly fire line and detector check valve charges: 23 24 25 26 27 28 4" fire service · · · 5" fire service · . · 6" fire service · · · 8" fire service · · · 10" fire service · . · 12" fire service · . . $31.36 per service 39.20 per service 47.04 per service 62.72 per service 78.40 per service 94.08 per service 3. Construction water from metered fire hydrants: Ail water sold ....... $0.39 per 100 cubic feet 4. Construction water from un-metered fire hydrants: construction: Ail water sold ....... $0.11 per 100 gallons Minimum charge ....... 5.60 per application Water usage rates for un-metered developments during For each commercial or industrial unit, or each residential dwelling unit of a redevelopment ............ $10.00 for first two months of the construction period and $5.00 for each additional month or portion thereof. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin, California, held on the __day of , 1982. 10 11 ATTEST: 13 MAYOR 14 15 CITY CLERK 16 17 18 19 20 21 22 23 24 25 26 27 JGR:se:D~3/4/82 28 JGR:se:R:3/9/82 JGR:se:R:3/10/82 -2- Revenue Expenditures Personnel: Salaries Retirement & Insurance sub total Supplies & Services: Contractual services - Econ. & Financial Consult. Auditing services Legal - City Attny. Legal - other Personnel services Engineering services Water testing Communications Sub total Facilities Expense: Building repair Custodial supplies Electric Natural gas Telephone Sub total Office Expense: Postage Sub total Departmental Expense: Department supplies Small tools Uniforms Safety supplies Special Equip. - Maint. Printing Purchased water Electric Telemetering Structural improvements Equipment maintenance Well maintenance Misc. expense Pump tax WATER FUND BUDGET COMPARISON 81/82 Budget $3,196,556 $ 428,547 110,134 $ 538,681 5,000 9,000 $ 14,000 $ 5,000 8O0 3,250 640 4,540 $ 14,230 $ 15,000 $ 15,000 $ 7,010 1,000 5,000 1,128,250 276,000 3,500 1,975 16,590 2,305 6,685 120,000 June 2, 1982 81/82 Projected $3,094,402 82/83 Request $3,722,116 377,374 94,303 471,677 $ 388,738 93,745 $ 482,483 2,500 5,400 5,000 3,000 700 9,000 25,600 $ 1,500 9,000 3,000 1,500 79,825 8,700 1,500 $ 105,025 2,765 430 3,250 1,075 1,885 9,405 $ 2,925 250 4,225 1,505 2,055 $ 10,960 $ 14,067 $ 14,067 $ 12,500 $ 12,500 5,035 701 3,000 953,374 276,000 3,500 135 14,840 100 35,990 120,000 750 2,000 3,115 3,500 1,000 5OO 1,173,681 384,385 4,000 2,000 20,000 5,000 60O 120,000 Property tax Water treatment expense Franchise fees Reservoir maintenance Mainline maintenance Service lateral maintenance Meter maintenance Hydrant maintenance Equipment rental Computer operations Computer maintenance Computer supplies sub total Transportation Expense: Vehicle operations Vehicle repair Special equip, repair Vehicle mileage Vehicle lease equip, fund sub total Training & Development: Meetings Training expense Membership & subscriptions Sub total Other expenses: Debt service Developer advances Expense reimbursement Sub total SUb total supplies & services Capital Outlay: Mobile equipment Department equip. SUb total Capital Improvements: Total Expenses Increase (Decrease) to owner equity 81/82 Budget $ 11,000 270 7,500 4,240 26,375 14,470 10,420 3,700 4,000 3,000 $1,653,290 $ 15,300 9,560 9,100 100 49,560 $ 83,620 $ 1,565 264 180 $ 2,009 $ 607,450 120,000 25,000 $ 752,450 $2,534,599 $ 23,800 886 $ 24,686 $ 293,800 $3,391,766 $ (195,210) 81/82 Projected $ 32,605 960 7,500 250 13,285 5,345 6,135 320 4,526 2,315 $1,485,916 $ 20,000 21,452 1,700 150 49,560 $ 92,862 $ 1,350 97 180 $ 1,627 $ 608,021 120,000 25,000 $ 753,021 $2,382,498 $ 23,822 636 $ 24,458 $ 297,800 $3,176,433 $ (82,031) 82/83 Request $ 35,000 1,050 7,500 5,800 32,950 19,800 24,775 5,225 3,000 9,000 2,400 3,000 $1,870,031 $ 24,000 10,000 9,925 110 54,075 $ 98,110 $ 1,700 300 200 $ 2,200 $ 624,000 110,000 25,000 $ 759,000 $2,857,826 27,310 $ 27,310 $ 138,900 $3,506,519 $ 215,597 -2-