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HomeMy WebLinkAboutPH 1 WTR CONSUMP RT 07-06-82DATE: June 30, 1982 PUBLIC HEARING NO. 1 7-6~82 Inter-Corn Honorable Mayor and City Council FROH: Bill Huston, City Manager SUBJECT: 1982-83 Water Consumption Rate BACKGROUND: The City Council scheduled a public hearing to consider a proposed 15% increase in the water consumption rate effective July 1, 1982. A copy of the staff report previously submitted to the Council is attached. Following the public hearing, the Council has the discretion to adjust the water consumption rate in accordance with whatever factors the Council determines are relevant. DISCUSSION: Subsequent to preparing the attached report, staff reviewed the projected cost of purchased water and energy for 1982-83. The projected cost of these items were based upon information provided by the Edison Company and the East Orange County Water District in April 1982 when the draft budget was prepared. Based upon the latest information regarding purchased water and energy rates, the revised amounts for 1982-83 are: Requested Revised Difference Purchased Water $ 1,173,681 $ 1,125,000 $ 48,681 Energy 384,385 356,000 28,385 $ 1,558,066 $ 1,481,000 $ 77,066 Proposed 1982-83 water fund expenditures of $3,506,519 have been revised to $3,457,453 by reducing the projected cost of purchased water and energy, and including the cost of salary adjustments. The revised amount is 1.8% more than the 1981-82 water system budget. The revised amount for energy is based upon a 21% increase in the basic energy rate scheduled for January 1983, an allowance for an increase in the fuel adjustment rate {which is adjusted periodically by the Edison Company) and the projected increase in energy consumption with the scheduled operation of the Redhill-Walnut well. The combined effect of these factors is a 24% increase in energy costs during 1982-83. The original estimate, which as noted above was developed using information available in April, was a 40% increase. 1982-83 Water Consumption Rate Page Two The revised amount for purchased water is based upon the projected amount of water required to supplement water pumped from the City's wells, and the 15% rate adjustment passed by the East Orange County Water District. The original estimate of a 23% increase in the cost of purchased water (based upon the rate increase proposed by the district in April) has been revised to reflect a 16% increase in the cost of purchased water. A 1% increase in amount of purchased water is projected. The attached report discusses the factors which should be considered in determining the adequacy of a fund balance (cash flow, contingencies, debt, depreciation and capital improvements). The water management plan scheduled to be submitted to the City Council this fall will provide the basis upon which to determine the annual amount of revenue required to cover operating costs and future obligations of the water system. The water rate analysis, which is currently being prepared, will establish the criteria which should be used in establishing water rates. What is known at this point is the necessity of increasing the water consump- tion rate in order to fund the cost of operations, debt service and a minimal capital improvement program in 1982-83. Without a rate increase, the water fund will have a deficit of $72,363 in 1982-83. Listed below are alternative increases in the water consumption rate and the corresponding amounts of additional revenue and fund balance as 'of June 30, 1983. The fund balances are predicated upon the increased revenue and revised expenditures of $3,457,453 in 1982-83. Rate Increase Estimated Revenue Estimated Balance 6/30/83 7% $ 151,889 $ 79,526 9% 195,286 122,923 11% 238,683 166,320 13% 282,079 209,716 15% 325,476 253,113 It has been suggested that in lieu of a single increase in 1982-83, consi- deration be given to an increase on July 1 and a second adjustment in January 1983. The first rate adjustment would cover the increased cost of operations and capital improvement projects scheduled for 1982-83. The second rate adjustment would occur after the City Council has acted upon the water management plan and would take into account future capital improvement needs and debt service. In otherwords, a rate structure would be established, which on the basis of the water rate analysis and management plan, generates sufficient income to cover the debt obligations of the system and an accelerated capital improvement program. That certainly would be feasible as long as it is recognized that a second rate increase would be required in order to maintain a balanced budget and generate income to cover debt service and future capital improvements. 1982-83 Water Consumption Rate Page Three Listed below is a summary of the major expenditure cata~ories in the revised water fund budget and the projected increases in 1982-83 for each: Increase Percent of Operating Budget Energy 24.0% 10.7% Purchased Water 16.0 33.9 Operating Expenses (1) 15.0 37.6 (1) all expenses less personnel, energy, purchased water, capital outlay and capital improvements. Proposed personnel expenses in 1982-83, including the cost of salary adjust- ments, are 5.2% less than 1981-82 due to the elimination of two positions. 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 82-44 A RESOLUTION OF THE CITY COUNCIL OF THE CItY OF TUSTIN, CALIFORNIA, ADJUSTING WATER SERVICE RATES 5 WHEREAS, the ~ustin Water Service has experienced increased 6 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: 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 ........ $ 6.50 1" METER ......... 9.74 1 1/2" METER ......... 13.10 2" METER ......... I 7.85 3" METER ......... 33.04 4" METER ......... 44.55 6" METER ......... 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. 2. Bi-monthly fire line and detector check valve charges: 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 servzce 47.04 per service 62.72 per service 78.40 per service 94.08 per servzce 3. Construction water from metered fire hydrants: Ail water sold ....... $0.39 per 100 cubic feet 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 2O 21 22 23 24 25 26 27 28 4. Construction water from un-metered fire hydrants: Ail water sold ...... $0.11 per 100 gallons Minimum charge ....... 5.60 per application 5. Water usage rates for un-metered developments during construction: 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. ATTEST: MAYOR CITY CLERK JGR:se:D:3/4/82 JGR:se:R:3/9/82 JGR:se:R:3/10/82 -2- I~TE: TO: FROM: SUBJECT: --7:30 P.M. Meeting NEW BUSINESS 6-7-82 June 2, 1982 Inter-Corn ....... 4 yxl, HONORABLE PLRYOR AND COUNCIL MEMBERS BILL HUSTON, CITY MANAGER 1982-83 WATER CONSUMPTION P~%TE 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 charges 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 incluoes 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 Operations Capital Improvements $3,097,966 $3,367,619 8.7% 297,800 138,900 (53.4%) TOTAL $3,395,766 $3,506,519 3.3% 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 infla{ion 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 budget and will increase 23% in 1982-83 due to a rate adjustment passed by the East Orange County Water District. 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 198t-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 thanlikely 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 Repa~qnent of DeveloperAdvances 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. for the Tustin Water Works bonds (which are in addition to interest payments) are due in: The remaining principal payments the annual 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. e 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 pu~ 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 sho~ 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 necessary 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 water system budget with the 1982-83 budget request. WH: dmt ,?~/~ WATER FUND BUDGET COMPARISON June 2, 1982 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 81/82 Budget $3,196,556 $ 428,547 110,134 $ 538,681 5,000 9,000 $ 14,000 $ 5,000 8OO 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 81/82 Projected $3,094,402 $ 377,374 94,303 $ 471,677 $ 2,500 5,400 5,000 3,000 700 9,000 $ 25,600 $ 2,765 430 3,250 1,075 1,885 $ 9,405 $ 14,067 $ 14,067 $ 5,035 701 3,000 953,374 276,000 3,500 135 14,840 100 35,990 120,000 82/83 Rec~uest $3,722,116 $ 388,738 93,745 $ 482,483 $ 1,500 9,000 3,000 1,500 79,825 8,700 1,500 $ 105,025 $ 2,925 250 4,225 1,505 2,055 $ 10,960 $ 12,500 $ 12,500 $ 750 2,000 3,115 3,500 1,000 5O0 1,173 681 384 385 4 000 2 000 20 000 5 000 600 120,000 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-