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HomeMy WebLinkAbout07 ADOPTION OF RETAIL WATER RATES - PUBLIC HEARING RESOLUTION 20-04MEETING DATE: JANUARY 21, 2020 TO: MATTHEW S. WEST, CITY MANAGER FROM: JOHN A. BUCHANAN, DIRECTOR OF FINANCE DOUGLAS S. STACK, DIRECTOR OF PUBLIC WORKS/CITY ENGINEER SUBJECT: ADOPTION OF RETAIL WATER RATES — PUBLIC HEARING RESOLUTION 20-04 SUMMARY: The City's consultant, Raftelis Financial Consultants, completed a cost of service analysis and developed a proposed water rate that will meet ongoing operational, maintenance, capital, and Bond Covenant requirements. As of the published date of this report, the City has received 54 written protests to the proposed water rates. RECOMMENDATION: It is recommended that the City Council: 1. Conduct a public hearing to receive testimony on the proposed water rates for fiscal year 2019-2020 through fiscal year 2023-2024; and 2. Adopt Resolution No. 20-04 approving the proposed water rates for fiscal year 2019- 2020 through fiscal year 2023-2024 with effective dates of February 1, 2020; January 1, 2021; January 1, 2022; January 1, 2023; and January 1, 2024. FISCAL IMPACT: The proposed rates are intended to meet the cost of service requirements of Proposition 218 and generate the necessary revenue for operational, maintenance, capital, and Bond Covenant requirements. A net increase in water rate revenue as outlined in the table below is proposed: FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 Implementation February 1, January 1, January 1, January 1, January 1, Date 2020 2021 2022 2023 2024 Proposed Revenue 5% 5% 5% 5% 5% Adjustments Estimated Additional Revenue from $359,189 $1,321,495 $2,254,123 $3,233,383 $4,261,606 Rates above current revenue Public Hearing — Adoption of Proposed Water Rates January 21, 2020 Page 2 CORRELATION TO THE STRATEGIC PLAN: The adoption of new water rates implements strategy number five (5) of Goal C: Financial Strength. BACKGROUND: The City of Tustin's water rates were last approved by the City Council on June 15, 2010, which established the water rates for five years. The first water rate change went into effect on July 1, 2010 and the last change went into effect on July 1, 2014. The current water rate will not generate sufficient revenues to meet operational, maintenance, capital, and Bond Covenant requirements beginning FY 2020/21. Therefore, the City's consultant completed a cost of service analysis and developed a proposed water rate that will meet ongoing operational, maintenance, capital, and Bond Covenant requirements. On September 17, 2019 the City Council received a presentation by the rate consultant, set the public hearing for January 21, 2020, and authorized staff to send the Proposition 218 notice to property owners regarding the proposed water rate adjustments considered here. DISCUSSION: The City owns and operates a water distribution system that provides services to a community' of nearly 69,000 water consumers. Approximately 61 % of the service connections are within a five square mile area within the City limits and the remaining 39% of the connections are located within a 3.4 square mile area north of the City limits, within the unincorporated area of the County, known as North Tustin. The areas of the City not within the Enterprise's service area include the Tustin Ranch development located on the eastern side of the City and the Tustin Legacy development. These areas are served by the Irvine Ranch Water District, The City water system consists of approximately 172 miles of water mains, 6 reservoirs, 14 active wells, and 1,945 fire hydrants. Proposition 218 requires that the City conduct a public protest hearing to consider the new water rates and to provide a notice to all property owners at least 45 days prior to the hearing date. Staff prepared a notice that included the proposed rates, reasons for the rate increase, information on the public hearing, and instructions for those who wish to protest the proposed water rates. The notice was mailed to all property owners within the City of Tustin service area on December 6, 2019. Following the mailing, a refinement in the rate model accounted for a reduction in the private fire line service charge. As such, the revised private fire line service charge is lower than the rate published in the notice. The table below reflects the revised private fire line service charge: Public Hearing — Adoption of Proposed Water Rates January 21, 2020 Page 3 Proposed Bi -Monthly Fire Line Service Charges: Effective Date Meter Size IFY 2020 2/1/2020 FY 20211 1/1/2021 1/1/2022 12024 1/1/2023 1/11/2024 4" $18.70 $19.64 $20.62 $21.65 $22.73 5" $23.37 $24.54 $25.77 $27.05 $28.41- 6", $28.04 $29.44 $30.91 $32.46 $34-08- 8" $37.39 $39.26 $41.22 $43.28 $45.45 10" $46.74 $49.08 $51.53 $54.11 $56.81- 56.8112" 1 27P $56.08 $58.88 $61.83 $64.92 $68.17 Financial Plan The cost of service analysis proposes to primarily cash finance various critical water infrastructure, which includes water service and mainline replacements/maintenance, well replacements/maintenance, treatment plant operation/maintenance, hydrant maintenance, cross-connection/back-flow compliance and meter maintenance, with the exception of the Simon Ranch Reservoir and Booster Pump Station. The Simon Ranch Reservoir project will be funded from a combination of remaining bond proceeds and Water Enterprise Cash reserves. Overall, the proposed financial plan for the water system aims to strike a balance between maintaining a strong financial position and minimizing rate increases to its customers through a multi-year measured approach. Under the proposed plan, the City will maintain a positive net income, maintain compliance with bond covenants and meet its reserve targets. As part of the analysis, existing reserve levels were examined. The City maintains four designated reserve funds including Operating Reserve, Capital Reserve, Rate Stabilization Reserve, and Emergency Reserve. The plan was developed to maintain the existing reserve funds at the following levels: • Operating Reserve — Target 90 days of operating expenses • Capital Reserve — Target of annual depreciation of water utility assets • Rate Stabilization Reserve — Target of 5% of commodity revenue • Emergency Reserve — Target of $2.5 million as set by policy Rate Design Over the past decade the legal requirements surrounding utility rate setting in California have evolved. Namely, the courts have made rulings with respect to California Constitution Article XIII C and D (commonly known as Proposition 218) that have established a high standard for rate setting which includes a detailed "cost -of -service" analysis. In essence, the cost -of - service analysis must demonstrate that all aspects of water rates are directly proportionate to the cost of providing service. Similarto the City's current rate structure, the proposed rates will include a bi-monthly meter service charge, a bi-monthly capital refurbishment and Public Hearing — Adoption of Proposed Water Rates January 21, 2020 Page 4 replacement (R&R) charge, and a customer service charge for additional multi -family units. These charges have been incorporated into a single fixed service charge. The variable rates will no longer employ tiered rates. The City's water supplies include pumped groundwater managed by the Orange County Water District and purchased imported water from East Orange County Water District. Two rate options were presented to the City Council on September 17, 2019, which included a uniform rate structure and a modified tiered rate structure reflecting current costs. Subsequent to the meeting, a uniform rate structure is proposed moving forward. Typical Bill Impact The financial impact of the proposed revenue adjustments and rate structure changes on the typical customer were carefully evaluated. The overall increase to a single-family residential customer using 40 units (1 unit = 748 gallons) of water on a bi-monthly basis would be $37.81 (or $18.91 per month). Sohn A. Buchanan ctor of Finance Attachment: Proposition 218 Notice Cost of Service Report Resolution No. 20-04 ;'/eu'c Vrof Stack Public Works/City Engineer CITY OF TUSTIN PUBLIC HEARING REGARDING PROPOSED WATER RATES FOR ALL PROPERTIES SERVED WITHIN THE CITY OF TUSTIN WATER SERVICE AREA NOTICE IS HEREBY GIVEN that the City Council of the City of Tustin will hold a public hearing regarding a proposed water rate increase and adjustment to the rate structure on January 21, 2020 at 7:00 p.m., in the City Council Chambers, located at 300 Centennial Way, Tustin, CA. The fees and charges, if approved by the City Council, will be effective February 1, 2020. The proposed rates do not exceed the cost of providing water service to Tustin customers and the increase would fund the City’s continuing water service obligations to all customers as mandated by the California Department of Health Services , and needed system improvements critical to increase supply, system reliability, and redundancy. This Notice provides for the following: 1. Proposed Water Rates; and 2. Impact of proposed rates for Fiscal Year 2020. In California, Proposition 218 allows customers to comment on the proposed water rates prior to or during a public hearing. Consistent with the provisions of Proposition 218, and California Government Code § 53755, this notice has been mailed to all customers whose names and addresses appear in the current customer database of the City of Tustin and property owners within the service area based on the most current information published by the Orange County As sessor. If you object to the proposed fees as described in this Notice, you may file a written protest with the City Clerk prior to the close of the public hearing, set for January 21, 2020 at 7 p.m. Written protests can be mailed or personally delivered to: City of Tustin – City Clerk’s Office 300 Centennial Way Tustin, CA 92780-3767 A valid protest must include all of the following information: 1. Customer name and account number or name of property owner; 2. Service address; 3. Assessor parcel number; 4. A statement of protest (“I protest” will suffice); and 5. The original signature of the protesting customer/property owner (photocopies will not be accepted). The City Clerk will accept only one protest per parcel served by Tustin Water. The City Clerk will determine the validity of all protests submitted and exclude any invalid protests from the final tabulation. The City Clerk may confer with the City Attorney in determining the validity of written protests. As part of this process, the City Attorney may review contested or suspect protest forms. The City Clerk’s decisions shall be final and binding. In the preliminary determination of validity, the City Clerk will disregard as invalid all protests in the following categories: 1. The purported protest is a photocopy and does not contain an original authorized signature; and/or 2. The purported protest does not identify the customer/property owner by name; and/or 3. The customer/property owner has not signed the purported protest; and/or 4. The purported protest does not have an identifiable statement of protest; and/or 5. The purported protest is one of multiple protests returned for a single service address; and/or 6. The purported protest’s appearance or method of delivery reflects any other circumstances which reasonably demonstrate that the protest has been tampered with or is otherwise invalid. 7. The purported protest is received later than close of the public hearing on January 21, 2020. For questions regarding this Notice or protest procedures, contact the City Clerk’s Office at (714) 573- 3000. For questions regarding Water Rates, please contact Water Utility Services at (714) 573-3075. Si necesita una copia de este documento en español por favor de llamar al (714) 573-3025. Page 2 of 3 Proposed Water Rates Collectively, we have reduced our overall water use by 18% when compared to 2013. This not only helps conserve water but also saves money by using less energy to pump, treat, and distribute the water. With these continued efforts by our customers, and the City’s commitment to match expenses to incoming revenues, the City has kept water rates constant without an increase since 2014. However, like many other expenses, the costs to provide water have continued to increase over the years. Electricity costs to pump and distribute water have increased, water treatment costs continue to increase, materials and labor costs have also increased, and are projected to continue to increase in the upcoming years. As a result, the water rates need to be updated to reflect the current cost of delivering water to our customers. To ensure the City can continue to invest in a secure water future, the City reviewed its financial health in 2019 and developed a Rate Study to evaluate how customers are charged for water (the rate structure) and the amount customers are charged (the rate). Rate studies are a best practice for determining utility rates to ensure that rates are fair, equitable, and tied to the demand c ustomers place on the water system. Water service is funded through revenue collected from your bill. No tax revenue is used to provide water utility service so the City must align water rates with the cost to deliver services. Costs include (1) the cos t to supply and treat water, (2) compliance with regulations governing the distribution of drinking water, (3) the repair, replacement and update of aging water systems, and (4) ongoing maintenance of critical infrastructure. The proposed water rates change the billing method for potable water from an inclining block rate to a uniform rate. The table below shows the comparison between current and proposed water rates. Table: Proposed 5-Year Water Rates Current FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 Proposed Revenue Adjustments 5% 5% 5% 5% 5% Effective Date Since 2014 2/1/2020 1/1/2021 1/1/2022 1/1/2023 1/1/2024 Bi-Monthly Potable Water Usage Charges ($/unit) ***1 unit = 100 cubic feet (hcf) = 748 gallons*** Unit: 0 + $2.79 $2.93 $3.08 $3.24 $3.41 Units: 0 – 10 $0.84 Units: 11 – 20 $1.48 Units: 21 – 30 $1.94 Units: 31 – 40 $2.41 Units: 41 – 50 $3.05 Units: 51 – 60 $3.53 Units: 61+ $4.05 Bi-Monthly Fixed Service Charges ** Meter & Capital Refurbishment and Replacement (R&R) Charge Meter Size 5/8” or 3/4" $46.85 $39.76 $41.75 $43.84 $46.03 $48.33 1” $103.65 $83.82 $88.01 $92.41 $97.03 $101.88 1 1/2" $197.29 $157.25 $165.11 $173.37 $182.04 $191.14 2” $311.86 $245.38 $257.65 $270.53 $284.06 $298.26 3” $574.86 $524.43 $550.65 $578.18 $607.09 $637.45 4” $956.38 $935.67 $982.45 $1,031.58 $1,083.15 $1,137.31 6” $1,893.76 $2,066.56 $2,169.89 $2,278.38 $2,392.30 $2,511.92 8” $1,893.76 $3,535.26 $3,712.02 $3,897.62 $4,092.51 $4,297.13 10” $1,893.76 $5,591.44 $5,871.01 $6,164.56 $6,472.79 $6,796.43 Per Dwelling Unit Charge $37.70 $10.38 $10.90 $11.44 $12.02 $12.62 Fire Protection Services Meter Size 4” $113.41 $19.30 $20.27 $21.28 $22.34 $23.46 5” $142.90 $24.12 $25.33 $26.59 $27.92 $29.32 6” $172.38 $28.94 $30.39 $31.91 $33.50 $35.18 8” $231.36 $38.59 $40.52 $42.55 $44.67 $46.91 Page 3 of 3 Current FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 10” $285.81 $48.23 $50.64 $53.17 $55.83 $58.62 12” $342.54 $57.88 $60.77 $63.81 $67.00 $70.35 ** Note: The current rate separates the meter charge and capital refurbishment & replacement charge. The proposed water rate will combine the meter and capital refurbishment & replacement charges. Impact of proposed rates for Fiscal Year 2020 The effective date of the proposed water rates for Fiscal Year 2020 is February 1, 2020. The chart below illustrates sample bi-monthly bills for single family residential (SFR) customers with 5/8” or 3/4" size meter with consumption through 100 units. 75% of single-family residential customer use 40 units or less on a bi-monthly basis. The formula below can be used to calculate the new bi-monthly water bill for fiscal year 2020: Commodity Charge: # units X $2.79 / unit Fixed Charge: (5/8” meter size) = $39.76 Sample Calculation: 40 units bi-monthly consumption Commodity charge: 40 units X $2.79 / unit = $111.60 Fixed charge: $39.76 Total bi-monthly bill: $111.60 + $39.76 = $151.36 $0.00 $50.00 $100.00 $150.00 $200.00 $250.00 $300.00 $350.00 0 10 20 30 40 50 60 70 80 90 100 Bi -Mo n t h l y B i l l Bi-Monthly Consumption Chart: Impact of Proposed Rates -FY 2020 75% of SFR use ≤ 40 units CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT City of Tustin Final – Water Cost of Service Report CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 2 Table of Contents TABLE OF CONTENTS ......................................................................... 2 LIST OF TABLES ................................................................................... 3 LIST OF FIGURES ................................................................................. 3 1. EXECUTIVE SUMMARY ............................................................ 5 1.1. BACKGROUND ...................................................................................... 5 1.2. CURRENT RATES .................................................................................. 5 1.3. PROPOSED RECOMMENDATIONS ...................................................... 6 2. INTRODUCTION ........................................................................ 8 2.1. STUDY APPROACH ............................................................................... 8 2.2. LEGAL REQUIREMENTS ....................................................................... 8 3. KEY ASSUMPTIONS ............................................................... 10 4. FINANCIAL PLAN .................................................................... 11 4.1. REVENUE FROM CURRENT RATES .................................................. 11 4.2. OPERATIONS AND MAINTENANCE (O&M) EXPENSES ................... 13 4.3. CAPITAL IMPROVEMENT PLAN ......................................................... 13 4.4. RESERVE REQUIREMENTS ................................................................ 14 4.5. FINANCIAL OUTLOOK AT CURRENT RATES ................................... 14 4.6. FINANCIAL PLAN RECOM ENDATIONS ............................................. 16 5. COST OF SERVICE STUDY .................................................... 19 5.1. PROPORTIONALITY ............................................................................ 19 5.2. COST OF SERVICE PROCESS ........................................................... 19 5.3. COST OF SERVICE ANALYSIS ........................................................... 19 5.4. RATE DESIGN ...................................................................................... 25 5.5. PROPOSED WATER RATES ............................................................... 28 CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT List of Tables Table 1-1: Current Bi-Monthly Service Charges ............................................................................................. 5 Table 1-2: Current Usage Charges per CCF .................................................................................................... 5 Table 1-3: Current Bi-Monthly Private Fire Service Line Charge .................................................................. 6 Table 1-4: FYE 2020 Proposed Bi-Monthly Service Charges and Variable Rate ......................................... 7 Table 1-5: FYE 2020 Proposed Bi-Monthly Fire Line Service Charges ........................................................ 7 Table 3-1: Study Assumptions ........................................................................................................................ 10 Table 3-2: Cost Escalators .............................................................................................................................. 10 Table 4-1: Projected Annual Meter Service Charge Revenue ..................................................................... 11 Table 4-2: Projected Annual Capital Service Charge Revenue ................................................................... 12 Table 4-3: Projected Annual Private Fire Line Service Charge Revenue ................................................... 12 Table 4-4: Projected Annual Usage Charge Revenue .................................................................................. 12 Table 4-6: Projected Water Revenues at Current Rates ............................................................................... 13 Table 4-7: FYE 2020 – FYE 20204 O&M Expenses ........................................................................................ 13 Table 4-8: Capital Improvement Plan ............................................................................................................. 13 Table 4-9: Recommended Water Financial Plan ........................................................................................... 17 Table 5-1: FYE 2020 Revenue Requirements ................................................................................................ 20 Table 5-2: System-Wide Peaking Factors ...................................................................................................... 21 Table 5-3: Peaking Factors with Fire Flow Demand ..................................................................................... 21 Table 5-4: O&M Allocation ............................................................................................................................... 23 Table 5-5: Capital Assets ................................................................................................................................. 23 Table 5-6: Capital Asset Allocation ................................................................................................................ 24 Table 5-7: Cost of Service Requirements ...................................................................................................... 25 Table 5-8: Customer Service Component – Unit Rate .................................................................................. 26 Table 5-9: Meter Equivalents ........................................................................................................................... 26 Table 5-10: Fire Flow Demand Allocations .................................................................................................... 27 Table 5-11: Meter Capacity Component – Unit Rate ..................................................................................... 27 Table 5-11: Capital R&R Component – Unit Rate .......................................................................................... 27 Table 5-12: Water Supply Component – Unit Rate ....................................................................................... 28 Table 5-13: Conveyance Component – Unit Rate ......................................................................................... 28 Table 5-14: FYE 2020 Proposed Bi-Monthly Service Charges ($/Meter) .................................................... 29 Table 5-15: Proposed 5-Year Bi-Monthly Charges ($/Meter or $/MFR Unit) ............................................... 29 Table 5-17: FYE 2020 Proposed Bi-Monthly Private Fire Line Service Charge Unit Rate ........................ 30 Table 5-18: FYE 2020-2024 Proposed Bi-Monthly Private Fire Line Service Charges .............................. 30 Table 5-19: FYE 2020 Proposed Commodity Rates ($/ccf) .......................................................................... 30 Table 5-20: Proposed 5-Year Usage Charges ($/ccf) .................................................................................... 30 List of Figures Figure 4-1: Water Operating Financial Position at Current Rates .............................................................. 14 Figure 4-2: Baseline Water Capital Improvement Plan and Funding Source ............................................ 15 Figure 4-3: Projected Ending Water Utility Reserves ................................................................................... 15 Figure 4-4: Proposed Operating Financial Plan ............................................................................................ 17 Figure 4-5: Projected Capital Improvement Plan and Funding Source ...................................................... 18 Figure 4-6: Projected Operating Fund Ending Balances ............................................................................. 18 Figure 5-1: Cost of Service Process ............................................................................................................... 19 CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 4 CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 5 1. Executive Summary 1.1. BACKGROUND The City of Tustin (City) engaged Raftelis to conduct a Comprehensive Water Cost of Service Study (Study) to develop a financial plan and design rates for the City’s utilities for Fiscal Year (FY) 2020 through FY 2024. The City is located in central Orange County and spans 11 square miles. The City is adjacent the Cities of Irvine, Orange, Santa Ana, and unincorporated areas of the County. 1.2. CURRENT RATES The current water rate structure consists of the following three components: 1. Bi-Monthly Meter Service Charge that varies by meter size. 2. Bi-Monthly fixed Capital Charge that varies by meter size. 3. Tiered variable rates based on water usage In addition to the fixed charge and variable rates, the City also charges a private fire service connection charge to those customers with private fire lines. Private fire protection customers are charged a bi-monthly fixed charge that varies by connection size. The following tables summarize the current rate structure of the City. Table 1-1 provides a summary of the bi-monthly charges by meter size and a charge for additional multi-family units. Table 1-2 summarizes the current variable charges and Table 1-3 shows the bi-monthly private fire service charges by connection size. Table 1-1: Current Bi-Monthly Service Charges Meter or Connection Size Current Meter Service Charge Current Meter Capital Charge ≤ 3/4" $35.85 $11.00 1" $89.65 $14.00 1 1/2" $179.29 $18.00 2" $286.86 $25.00 3" $537.86 $37.00 4" $896.38 $60.00 6" $1,792.76 $101.00 8" $1,792.76 $101.00 10” $1,792.76 $101.00 MFR Dwelling Unit Charge $28.70 $9.00 Table 1-2: Current Usage Charges per CCF Tiers Residential Commercial (Low) Commercial (Normal) Commercial (High) Tier 1 $0.84 $0.84 $0.92 $1.02 Tier 2 $1.48 $1.48 $1.63 $1.79 Tier 3 $1.94 $1.94 $2.13 $2.34 Tier 4 $2.41 $2.41 $2.65 $2.91 Tier 5 $3.05 $3.05 $3.35 $3.69 Tier 6 $3.53 $3.53 $3.88 $4.27 Tier 7 $4.05 $4.05 $4.46 $4.91 CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 6 Table 1-3: Current Bi-Monthly Private Fire Service Line Charge Connections Size CY 2019 Charge ≤ 4" $113.41 6" $142.90 6" $172.38 8" $231.36 10” $285.81 12” $342.54 1.3. PROPOSED RECOMMENDATIONS As part of the rate study, we reviewed the City’s current rate structure and how costs are incurred. Based on our analysis as well as the City’s long-term objectives and projected revenue requirements for Fiscal Year End (FYE) 2020 through FYE 2024, the City will need to generate approximately $4.2M in additional annual revenue by FYE 2024. To reach this objective, the proposed financial plan reflects 5% revenue adjustments for each fiscal year through FYE 2024. 1.3.1. Rate Design Adjustments To determine the appropriate rate structure for meeting the City’s revenue requirements, we reviewed the current rate structure and consumption data, worked closely with City staff, and incorporated feedback on policies. The following proposed items reflect our recommendations to the current structure: • Recalibrate commodity rates to recover the full cost of supply and delivery. The City has not updated its rates since 2014 and supply costs have continued to increase over the years, along with production, operations and maintenance costs. In addition, because supply costs do not vary significantly between purchased water and groundwater - when accounting for basin replenishment assessments - the recommended commodity rate is a uniform rate across all classes. • Recalibrate the amount of revenue recovered between bi-monthly fixed charges and the commodity rate. Currently, the City recovers approximately 48% from fixed chargers and 52% from the commodity rate. With the change from a 7-tiered rate structure to a uniform rate, the fixed / variable cost recovery has been adjusted to 35% fixed / 65 % variable. This recalibration continues to promote and provide incentive to customers to use water efficiently. • All customers / land uses will be charged the same fixed charges and commodity rates. • The City currently has a capital fixed surcharge. This separate component will remain but be updated based on the City’s current capital planning needs. The proposed Bi-Monthly Service Charges and Variable Usage Rate are shown in Table 1-4 and Table 1-5 identifies the updated private fire line Bi-Monthly Service Charges. CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 7 Table 1-4: FYE 2020 Proposed Bi-Monthly Service Charges and Variable Rate Rates FYE 2020 Proposed Meter Component FYE 2020 Proposed Capital Component FYE 2020 Proposed Fixed Charges Fixed Charges Fixed Bi-Monthly Fixed Bi-Monthly Fixed Bi-Monthly ≤ 3/4" $23.76 $16.00 $39.76 1" $43.83 $39.99 $83.82 1 1/2" $77.28 $79.97 $157.25 2" $117.42 $127.96 $245.38 3" $244.53 $279.90 $524.43 4" $431.85 $503.82 $935.67 6" $946.98 $1,119.58 $2,066.56 8” $1,615.98 $1,919.28 $3,535.26 10” $2,552.58 $3,038.86 $5,591.44 Multi-Family Additional Unit $10.38 - $10.38 Variable Charge All Customers $2.79 per ccf Table 1-5: FYE 2020 Proposed Bi-Monthly Fire Line Service Charges Rates FYE 2020 Proposed Charges Fixed Charges Fixed Bi-Monthly 4" $18.70 5" $23.37 6" $28.04 8” $37.39 10” $46.74 12” $56.08 CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 8 2. Introduction 2.1. STUDY APPROACH This report was prepared using principles established by the American Water Works Association (AWWA). The AWWA “Principles of Water Rates, Fees, and Charges: Manual of Water Supply Practices M1 Manual (M1 Manual) establishes commonly accepted professional standards for cost of service studies. The M1 Manual principles of rate structure design and the objectives of the Study are described below. According to the M1 Manual, the first step in ratemaking analysis is to determine the adequate and appropriate level of funding for a given utility. This is referred to as determining the “revenue requirement”. This analysis typically considers the short-term and long-term service objectives of the utility over a given planning horizon, including capital facilities, system operations and maintenance, debt coverage, and financial reserve policies to determine the adequacy of a utility’s existing rates to recover its costs. A number of factors may affect these projections, including the number of customers served, water-use trends, nonrecurring sales, weather, conservation, water use restrictions, inflation, interest rates, wholesale contracts, capital finance needs, changes in tax laws, and other changes in operating and economic conditions, among others. After determining the utility’s revenue requirements, the next step was determining the cost of service. Utilizing the City’s approved budget, financial reports, operating data, and capital improvement plans, a rate study generally categorizes (functionalizes) system costs (e.g., water supply, treatment, storage, etc.), including operating and maintenance and asset costs, among maj or operating functions to determine the cost of service. After the operating costs and capital are properly categorized by function, these functionalized costs are allocated first to cost causation components, and then distributed to customers based on the demand or units of service for each component. Rate design uses the revenue requirement and cost of service analysis to determine fixed charges and commodity rates. The fixed charges and commodity rates utilize “rate components” that build-up to the total commodity rates, and fixed charge rates by meter size. 2.2. LEGAL REQUIREMENTS 2.2.1. California Constitution - Article XIII D, Section 6 (Proposition 218) Proposition 218, reflected in the California Constitution as Article XIII D, was enacted in 1996 to ensure t hat rates and fees are reasonable and proportional to the cost of providing service. We followed industry standard rate setting methodologies set forth by the AWWA M1 Manual to ensure this study meets Proposition 218 requirements and creates rates that do not exceed the proportionate cost of providing water services. CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 9 2.2.2. Cost-Based Rate Setting Methodology To develop utility rates that comply with industry standards while meeting other emerging goals and objectives of the City, there are four major steps discussed below. 1. Calculate Revenue Requirement The rate-making process starts by determining the test year (rate setting year) revenue requirement, which for this study is FYE 2020. The revenue requirement should sufficiently fund the utility’s Operations and Maintenance (O&M), debt service, capital expenses, and reserves. 2. Cost of Service Analysis (COS) The annual cost of providing service is distributed among customers commensurate with their service requirements. A COS analysis involves the following: a) Functionalize costs. Examples of functions are supply, transmission, distribution, storage, meter servicing, and customer billing and collection. b) Allocate functionalized costs to cost causation components. Cost causation components include, but are not limited to, supply, base1, maximum day, maximum hour2, meter capacity, and customer service. c) Distribute the cost causation components. Distribute cost components, using unit costs, to charge customers in proportion to their demands on the system. A COS analysis for water considers both the average quantity of water consumed (base costs) and the peak rate at which it is consumed (peaking or capacity costs as identified by maximum day and maximum hour demands).3 Peaking costs are costs that are incurred during peak times of consumption. There are additional costs associated with designing, constructing, and operating and maintaining facilities large enough to meet peak demands. 3. Rate Design and Calculations Rates do more than simply recover costs. Within the legal f ramework and industry standards, properly designed rates should support and optimize a blend of various utility objectives, such as reflecting how costs are incurred by the City, ensuring revenue stability, and understandable for customers to estimate their financial obligation for service. 4. Rate Adoption Rate adoption is the last step of the rate-making process to comply with Proposition 218. The results in this Study Report serves as the City’s administrative record and a public education tool about the proposed changes, the rationale and justifications behind the changes, and their anticipated financial impacts. 1 Base costs are those associated with meeting average day demands and unrelated to meeting peaking demands. 2 Collectively maximum day and maximum hour costs are known as peaking costs or capacity costs. 3 System capacity is the system’s ability to supply water to all delivery points at the time when demanded. CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 10 3. Key Assumptions The Study uses the City’s proposed budget for FYE 2020 and FYE 2021. Certain cost escalation assumptions and inputs were incorporated into the Study to adequately model revenues, water supply costs and total expected usage. These assumptions were based on discussions with and/or direction from City management and are presented in Table 3-1 and Error! Reference source not found. Table 3-1: Study Assumptions Inflationary Factors FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024 Water Loss 6.4% 6.4% 6.4% 6.4% 6.4% Account Growth 0% 0% 0% 0% 0% Total Production (AcFt) 10,475 10,580 10,580 10,580 10,580 Purchased Water (AcFt) 524 529 529 529 529 Total Water Sales (AcFt) 9,805 9,903 9,903 9,903 9,903 Table 3-2: Cost Escalators Inflationary Factors FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024 General - - 3% 3% 3% Salary - - 3% 3% 3% Benefits - - 8% 8% 8% Water Supply - - 5% 5% 5% Energy - - 5% 5% 5% Capital - - 3% 3% 3% CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 11 4. Financial Plan This section describes the development of the water utility’s financial plan, the results of which were used to determine the revenue adjustments needed to meet ongoing expenses and provide fiscal sustainability to the City’s water enterprise through the 5-year planning period. Establishing a utility’s revenue requirement is a key step in the rate setting process. The review involves analysis of projected annual operating revenues under the current rates, O&M expenses, capital expenditures, transfers between funds, and reserve requirements. This section of the report provides a discussion of the projected revenues, O&M and capital expenditures, the capital improvement needs, and overall revenue requirements. 4.1. REVENUE FROM CURRENT RATES The current water rate structure consists of the following components: 1. Bi-Monthly Meter Service Charges that varies by meter size (Table 4-1 summarizes the current meters by size, the current bi-monthly fixed charges, and projected revenue). 2. A separate Bi-Monthly Capital R&R Service Charge that varies by meter size (Table 4-2 summarizes the current meters by size, the current bi-monthly fixed charges, and projected revenue). 3. Bi-Monthly Private Fire Line Charges that vary my connection size (Table 4-3 summarizes the rate structure, usage by tier and customer class, current water usage rates, and projected usage revenue) 4. Commodity Charges by tier based on water usage (Table 4-4 summarizes the rate structure, usage by tier and customer class, current water usage rates, and projected usage revenue). Table 4-1: Projected Annual Meter Service Charge Revenue Meter Size # of Meters [A] Current Bi-Monthly Water Service Charges [B] Projected Annual Water Service Charge Revenue [A x B x 6] ≤ 3/4" 10,046 $35.85 $2,160,895 1" 2,648 $89.65 $1,424,359 1 1/2" 273 $179.29 $293,677 2" 349 $286.86 $600,685 3" 33 $537.86 $106,496 4" 22 $896.38 $118,322 6" 1 $1,792.76 $10,757 8” - $1,792.76 $- 10” - $1,792.76 $- Multi-Family Unit 10,065 $28.70 $1,733,193 Total $6,448,384 CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 12 Table 4-2: Projected Annual Capital Service Charge Revenue Meter Size # of Meters [A] Current Bi-Monthly Capital Service Charges [B] Projected Annual Capital Service Charge Revenue [A x B x 6] ≤ 3/4" 10,046 $11.00 $663,036 1" 2,648 $14.00 $222,432 1 1/2" 273 $18.00 $29,484 2" 349 $25.00 $52,350 3" 33 $37.00 $7,326 4" 22 $60.00 $7,920 6" 1 $101.00 $606 8” - $101.00 $0 10” - $101.00 $0 Multi-Family Unit 10,065 $9.00 $543,510 Total $1,526,664 Table 4-3: Projected Annual Private Fire Line Service Charge Revenue Connection Size # of Connections [A] Current Bi-Monthly Fire Line Service Charges [B] Projected Annual Fire Line Service Charge Revenue [A x B x 6] 4" 51 $113.41 $34,703 5” 1 $142.90 $857 6" 103 $172.38 $106,531 8” 67 $231.36 $93,007 10” 5 $285.81 $8,574 12” 3 $342.54 $6,166 Total $249,838 Table 4-4: Projected Annual Usage Charge Revenue Commodity Charges Usage (ccf) [A] Current Commodity Rate [B] Projected Usage Charge Revenue [A x B] Tier 1 1,202,095 $0.84 $1,009,760 Tier 2 923,371 $1.48 $1,366,589 Tier 3 572,072 $1.94 $1,109,820 Tier 4 340,007 $2.41 $819,418 Tier 5 221,930 $3.05 $676,888 Tier 6 148,960 $3.53 $525,830 Tier 7 862,749 $4.05 $3,494,133 Total $9,002,438 Using account growth, water demand factors, and other revenue assumptions from Table 3-1 and Table 3-2, we projected the revenues for the water utility. Table 4-5 summarizes the rate revenue (Line 6) as well as other revenues. As shown in the table, since no account growth is project ed and only a modest increase is anticipated in water demand in FYE 2021, the rates and rate revenue remain constant during the Study Period. CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 13 Table 4-5: Projected Water Revenues at Current Rates Line # FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024 1 Water Utility Revenues 2 Meter Service Charge Revenue $8,224,886 $8,224,886 $8,224,886 $8,224,886 $8,224,886 5 Usage Charge Revenue $9,002,438 $9,092,462 $9,092,462 $9,092,462 $9,092,462 6 Subtotal Rate Revenue $17,227,324 $17,317,348 $17,317,348 $17,317,348 $17,317,348 7 Other Operating Revenues $584,037 $227,787 $227,787 $227,787 $227,787 8 Non-Operating Revenue $0 $71,805 $34,544 $21,213 $4,197 9 Total Revenues $17,811,361 $17,616,941 $17,579,680 $17,566,349 $17,497,155 4.2. OPERATIONS AND MAINTENANCE (O&M) EXPENSES The City’s FYE 2020 and FYE 2021 budget values were used as the basis for projecting O&M costs. Table 4-6 shows the total projected O&M expenses through FYE 2024. Table 4-6: FYE 2020 – FYE 20204 O&M Expenses Line # FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024 1 Expenditures 2 Water Operations $2,025,511 $1,929,111 $1,968,564 $1,982,627 $2,038,929 3 Transmission & Distribution $1,392,600 $1,457,800 $1,502,184 $1,547,952 $1,595,148 4 Treatment $444,700 $468,000 $482,250 $496,944 $512,098 5 Wells $985,000 $985,000 $1,034,250 $1,085,963 $1,140,261 6 Water Supply $6,768,100 $7,284,100 $7,639,863 $8,013,161 $8,404,863 7 Billing Department $2,490,300 $2,554,800 $2,631,964 $2,711,485 $2,793,436 8 Total Operating Expenses $14,106,211 $14,678,811 $15,259,075 $15,838,130 $16,484,734 9 Debt Service $2,384,120 $2,384,220 $2,381,070 $2,381,520 $2,550,370 10 Total Expenses $16,490,331 $17,063,031 $17,640,145 $18,219,650 $19,035,104 4.3. CAPITAL IMPROVEMENT PLAN The City provided the projected capital expenditures to address future capital improvement project needs. Table 4-7 summarizes the CIP for FYE 2020 through FYE 2024, which includes a significant reservoir project in FYE 2020 related to the Simon Ranch Reservoir. Table 4-7: Capital Improvement Plan Line # Capital Projects FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024 1 Water Utility Capital $18,770,000 $2,570,000 $4,903,980 $2,570,000 $2,570,000 2 Total CIP $18,770,000 $2,570,000 $4,903,980 $2,570,000 $2,570,000 CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 14 4.4. RESERVE REQUIREMENTS For FYE 2020, the City’s projected total beginning reserve balance is approximately $20.6M and the City also has $9.5M of bond proceeds remaining. Currently, the City maintains 4 designated reserve funds including Operating Reserve, Capital Reserve, Rate Stabilization Reserve, and Emergency Reserve. Based on the City’s reserve policies the running balance should be at least $8.2M for FYE 2020. Although the City’s balance exceeds this threshold as of July 1, 2019, the $18.8M of capital needs in FYE 2020 will require the use of reserves to fully fund the Simon Ranch Reservoir project, resulting in a reduction in reserves. 4.5. FINANCIAL OUTLOOK AT CURRENT RATES Revenues generated from current rates and other revenues exceed the FYE 2020 operational expenses; however, without a revenue adjustment the City may not meet its debt service requirements in future years. Based on the financial plan review, revenue adjustments are recommended to 1) maintain compliance with the utility’s bond covenants, 2) fully fund capital projects, and 3) meet reserve targets over the planning period. Figure 4-1 illustrates the operating position of the water utility, where expenses, inclusive of reserve funding, are shown by stacked bars; and the total revenues at current rates are shown by the horizontal orange trend line. Figure 4-1: Water Operating Financial Position at Current Rates CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 15 Figure 4-2 summarizes the baseline CIP and its funding sources by fiscal year. The orange portion of the bar under FYE 2020 are remaining bond proceeds available to go towards capital expenses. Figure 4-2: Baseline Water Capital Improvement Plan and Funding Source Figure 4-3 illustrates the projected ending reserve balance for FYE 2020 through FYE 2024 after operating and capital expenses are funded. Figure 4-3: Projected Ending Water Utility Reserves CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 16 4.6. FINANCIAL PLAN RECOMENDATIONS After reviewing the city’s revenue requirements, reserve policies, capital planning schedule, and current revenues, a financial plan was developed to meet the following criteria: • Positive net operating cash income each fiscal year of the planning period (FYE 2020-FYE 2024) • Fully fund capital projects through Pay-As-You-Go (PAYGO) or cash on hand over the five-year plan. • Maintain the following reserves by the end of the Study Period (FYE 2020 – FYE 2024): o Operating Fund – Target of 90 days of operating expenses. o Capital Replacement Target –Target of the annual depreciation of water utility assets. o Emergency Reserve – Target of $2M as set by policy. o Rate Stabilization Reserve – Target of 5% of commodity revenue. Overall, the proposed financial plan for the water system aims to strike a balance between maintaining a strong financial position and minimizing rate increases to its customers through a multi-year measured approach. The City will utilize reserves to fund a portion of its capital expenses in FYE 2020 and FYE 2021 as well as use remaining bond proceeds to offset capital expenses in FYE 2020. Through this temporary use of reserves, the City’s revenue adjustments are 5% for each of the next five years, with the first adjustment commencing February 1, 2020, and each subsequent adjustment occurring each January 1 of the corresponding fiscal year. Under the proposed plan, the City will maintain a positive net income, maintain compliance with bond covenants and meet its reserve targets. Although these are the anticipated revenue adjustments for each year of the Study Period, the City will review and confirm the required revenue adjustments on an annual basis, which will account for changes in water sales and expenses incurred to mitigate rate increases when applicable. Applying these adjustments results in the proposed financial plan in Table 4-8 (see Appendix A – for a detailed financial plan). The line for Rate Revenues includes the additional revenue from the revenue adjustments assuming they become effective. The rates presented in Section 5.4 are based on this financial plan. CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 17 Table 4-8: Recommended Water Financial Plan Line # Category FYE 2020 FYE 2021 FYE 2022 FYE 2023 FYE 2024 1 Revenues 2 Rate Revenues $17,600,241 $18,652,571 $19,585,199 $20,564,459 $21,592,682 2 Other Operating Revenues $584,037 $227,787 $227,787 $227,787 $227,787 3 Non-Operating Revenues $0 $71,852 $40,725 $42,438 $88,275 4 Total Revenues $18,184,278 $18,952,211 $19,853,712 $20,834,684 $21,908,745 5 Less: Expenditures 6 Water Operations $2,025,511 $1,929,111 $1,968,564 $1,982,627 $2,038,929 7 Transmission & Distribution $1,392,600 $1,457,800 $1,502,184 $1,547,952 $1,595,148 8 Treatment $444,700 $468,000 $482,250 $496,944 $512,098 9 Wells $985,000 $985,000 $1,034,250 $1,085,963 $1,140,261 10 Water Supply $6,768,100 $7,284,100 $7,639,863 $8,013,161 $8,404,863 11 Billing Department $2,490,300 $2,554,800 $2,631,964 $2,711,485 $2,793,436 12 Subtotal Operating Expenditures $14,106,211 $14,678,811 $15,259,075 $15,838,130 $16,484,734 13 Total Debt Service $2,384,120 $2,384,220 $2,381,070 $2,381,520 $2,550,370 14 Total Expenditures $16,490,331 $17,063,031 $17,640,145 $18,219,650 $19,035,104 15 Net Cashflow (Line 4 – Line 21) $1,693,947 $1,889,180 $2,213,567 $2,615,034 $2,873,641 Reserves 16 Projected Starting Balance $20,644,088 $13,170,183 $12,576,936 $9,956,402 $10,112,740 17 Net Cashflow (Line 15) $1,693,947 $1,889,180 $2,213,567 $2,615,034 $2,873,641 18 Interest Income $96,735 $87,573 $69,880 $111,303 $113,426 19 Bond Proceeds 9,505,413 20 CIP Expenditures (Table 4-7) ($18,770,000) ($2,570,000) ($4,903,980) ($2,570,000) ($2,570,000) 21 Ending Reserve Balance $13,170,183 $12,576,936 $9,956,402 $10,112,740 $10,529,806 Figure 4-4 through Figure 4-6 displays the financial plan in graphical format. Figure 4-4 illustrates the operating position of the City’s water enterprise where expenses, inclusive of reserve funding, are shown by stacked bars and total revenues at both current rates and recommended rates are shown by the horizontal trend lines. Figure 4-4: Proposed Operating Financial Plan CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 18 Figure 4-5 summarizes the projected CIP and its funding sources. Figure 4-5: Projected Capital Improvement Plan and Funding Source Figure 4-6 displays the ending total reserve balance for the water utility, inclusive of operating and capital funds. The horizontal trend lines indicate the target reserve balances and the bars indicate ending r eserve balance. No new debt is proposed to be issued within the planning period. Figure 4-6: Projected Operating Fund Ending Balances CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 19 5. Cost of Service Study This Rate Study conforms to the principles set forth in the enabling statutes and the rates abide by the cost-of-service provisions of Proposition 218. 5.1. PROPORTIONALITY Demonstrating proportionality when calculating rates is a critical component of ensuring compliance with Proposition 218. For costs that are recovered through the proposed fixed meter charge, the Study spread the costs either over all accounts/units or by meter size, depending on the type of expense. As such, usage is not considered nor necessary for calculating each customer’s fixed charge. Conversely, costs that were determined as variable, are recovered from customers based on their water usage. As stated in the Manual M1, the AWWA Rates and Charges Subcommittee agree with Proposition 218 that “the costs of water rates and charge s should be recovered from customers in proportion to the cost of serving those customers.” The Water Utility’s revenue requirements are, by definition, the cost of providing service. This cost is then used as the basis to develop unit costs for the water components and to allocate costs to customers in proportion to the water services rendered. 5.2. COST OF SERVICE PROCESS A cost of service analysis distributes a utility’s revenue requirements (costs) to each customer class. Figure 5-1 provides a general overview of a cost-of-service analysis. Each step shown below will be described in greater detail in the next section. Figure 5-1: Cost of Service Process 5.3. COST OF SERVICE ANALYSIS 5.3.1. Step 1 – Determine Revenue Requirement In this Study, water rates are calculated for FYE 2020 (known as the Test Year), by calculating water purchase costs and by using the Water Utility’s FYE 2020 budget and inflationary factors. Test Year re venue requirements are used in the cost allocation process. Subsequent years’ revenue adjustments are incremental and the rates for future years are based on 5.0% revenue adjustments in FYE 2021 through FYE 2024 and are applied across-the-board. CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 20 The revenue requirement determination is based upon the premise that the utility must generate annual revenues to meet Supply, O&M expenses, any debt service needs, reserve levels, and capital investment needs. Deductions are made to account for the required net cashflows (found in Table 4-8 – Line 17) and any mid-year adjustment4. FYE 2020 cost of service to be recovered from the City’s water customers is shown in Table 5-1. Table 5-1: FYE 2020 Revenue Requirements Line # Revenue Requirements Operating Capital Total Operating Costs 1 Water Operations $2,025,511 $2,025,511 2 Transmission & Distribution $1,392,600 $1,392,600 3 Treatment $444,700 $444,700 4 Wells $985,000 $985,000 5 Water Supply $6,768,100 $6,768,100 6 Billing Department $2,490,300 $2,490,300 7 Debt Service $2,384,120 $2,384,120 8 Total Revenue Requirements $14,106,211 $2,384,120 $16,490,331 Less: Revenue Offsets 9 Other Operating Revenues $584,037 $584,037 10 Total Revenue Offsets $584,037 $584,037 Less: Adjustments 11 Adjustment for Cash Balance ($1,693,947) ($1,679,947) 12 Adjustment for Mid-Year Increase $(502,864) ($502,864) 13 Total Adjustments $502,864 ($1,693,947) ($2,196,811) 14 Revenue Requirements from Rates $14,025,038 $4,078,067 $18,103,105 5.3.2. Step 2 – Allocate Functionalized Costs to Cost Components The functionalization of costs allows us to better allocate the costs based on how the costs are incurred. This is commonly referred to as cost causation. Essentially, cost causation means that the City incurs a cost of providing service because of the demands or burdens customers place on the system and water resources. We used the Base- Extra Capacity method to allocate the functionalized costs to various rate components (cost causation components), as described in the M1 Manual. The City’s costs were allocated to the following cost causation components: 1. Customer Service includes customer related costs such as billing, collecting, customer accounting, and customer call center. These costs are incurred at the same level regardless of the type of land use or the total amount of water that the utility delivers. 1. Meter Capacity includes maintenance of assets and operational costs associated with serving meters. These costs are assigned based on the meter size or equivalent meter capacity. 2. Capital R&R includes capital repair, maintenance and operations costs for the water utility. 3. Supply includes the cost of groundwater production, basin replacement assessments, and purchased water costs. 4. Base are those operating costs of the water system associated with serving customers at a constant, or average, rate of use. These costs tend to vary with the total quantity of water used. 4 The revenue requirement needs to be based on the revenue needs for a full calendar year. Since the rates in CY 2020 were assumed to be in effect for 12 months, there is no mid-year adjustment. CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 21 5. Peaking Costs represent those costs incurred to meet customer peak demands for water in excess of average day usage. Total extra capacity costs are associated with maximum day and maximum hour demands. The maximum day demand is the maximum amount of water used in a single day in a year. The maximum hour (Max Hour) demand is the maximum usage in an hour on the maximum usage day (Max Day). Various facilities are designed to meet customer peaking needs. The capital component of the Revenue Requirement (Table 5-1, line 14) takes into account Max Day and Max Hour when allocating costs to cost causation components. An example, reservoirs are designed to meet Max Day requirements and are designed larger than they would be if the same amount of water were being used at a constant rate throughout the year. The cost associated with constructing a reservoir is based on system wide peaking factor s. For example, if the Max Day factor is 2.0, then certain system facilities must be designed larger than what would be required if the system only needed to accommodate average daily demand. In this case, half of the cost would be allocated to Base (or average day demand) and the other half allocated to Max Day. The calculation of the Max Hour and Max Day demands is explained below. To allocate costs to Base and Peaking cost components (Max Day and Max Hour), system peaking factors are used. The base demand is assigned a value of 1.0 signifying no peaking demands. The Max Day and Max Hour factors shown in Table 5-2 were based on information provided by the City. The City’s Max Day is 1.58 times the average daily demand and Max Hour is 2.63 times the average daily demand. Table 5-2: System-Wide Peaking Factors Factor Base Allocation Max Day Allocation Max Hour Allocation Base 1.00 100% - - Max Day 1.58 (1.0 / 1.58) = 63% (1-0.63) = 37% - Max Hour 2.63 (1.0 / 2.63) = 38% [(1.58-1.00) / 2.63] = 22% (1 - 0.22 - 0.38) = 40% Fire flow demand is accounted for as a part of the water system’s total maximum demand requirements. Therefore, accounting for fire flow demand can also be incorpo rated into the analysis, which is a component of meeting Max Day demand and Max Hour demand. Based on the fire flow requirements from the Orange County Fire Authority, the City’s typical fire flow demand is associated with suppressing a single-family residential fire that requires 1,500 gallon per minute (gpm) over an hour. When comparing the total fire flow over an hour at 1,500 gpm, equal to 90,000 gallons, and the average hourly demand during Max Day (equal to ~959,000 gallons), fire flow demand is approximately 9% of system peak demand if a fire occurred (.090MG / 1.05MG = 0.09). Therefore, 9% was allocated to fire flow demand for both Max Day and Max Hour. Table 5-3 reflects system-wide peak with the inclusion of fire flow demand Table 5-3: Peaking Factors with Fire Flow Demand Base Allocation Max Day Allocation Max Hour Allocation Fire Flow Demand Allocation Base 100% - - - Max Day 63% - (9% / 2) = 58% 37% - (9%/ 2) = 33% - 9% Max Hour 38% - (9% / 3) = 35% 22% - (9% / 3) = 20% 40% - (9% / 3) = 36% 9% CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 22 O&M Allocation The O&M expenses consist of six functionalized categories: Water Operations, Transmission & Distribution, Treatment, Wells, Water Supply, and Billing Department. We reviewed the budget details related to the Operating Expenses to determine the most appropriate method for allocating the functional costs to cost causation components . Table 5-4 summarizes the percent allocations for the City O&M Expenses, the costs (prior to offsets and adjustments) allocated to the cost components, and the resulting O&M Allocation (%). The O&M Allocation (%) will be used to allocate the Operating Requirement, including any revenue offsets or adjustments, from the revenue requirements (Table 5-1). Table 5-4 allocates the O&M expenses to each cost causation component. • Water Operations –City personnel costs and departmental expenses. • Transmission & Distribution –City personnel costs assigned to water system conveyance. • Treatment –City personnel costs assigned to treatment and supplies and chemicals. • Wells – Groundwater production costs, including energy and well maintenance. • Water Supply – Chemicals, basin replenishment assessments, and purchased water costs from East Orange County Water District. • Billing Department - City personnel costs assigned billing and customer service, overhead expenses and professional services. Water Operations costs were allocated 53% to fixed cost recover spread over Meter Capacity Cost Component, which represents costs associated with salaries, with the remainder (47%) allocated to Base delivery . Transmission & Distribution costs and Treatment costs were allocated based on the Max Hour and Max Day allocations shown in Table 5-3, respectively. Wells and Water Supply costs were allocated 100% to the Supply Cost Component and Billing Department was allocated 100% to fixed, with 34% to the Meter Capacity Cost Component (represents department salaries) and 66% to Customer Service. CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 23 Table 5-4: O&M Allocation Cost Components Line # Functionalized Expenses Customer Service Meter Capacity Water Supply Base Max Day Max Hour Fire Flow Demand Total % Allocation 1 Water Operations 53% 47% 100% 2 Transmission & Distribution 35% 20% 36% 9% 100% 3 Treatment 58% 33% 9% 100% 4 Wells 100% 100% 5 Water Supply 100% 100% 6 Billing Department 66% 34% 100% $ Allocation 7 Water Operations $1,073,521 $951,990 $2,025,511 8 Transmission & Distribution $481,850 $279,473 $505,943 $125,334 $1,392,600 9 Treatment $256,125 $148,552 $40,023 $444,700 10 Wells $985,000 $985,000 11 Water Supply $6,768,100 $6,768,100 12 Billing Department $1,643,598 $846,702 $2,490,300 13 Total O&M $1,643,598 $1,920,223 $7,753,100 $1,689,965 $428,025 $505,943 $165,357 $14,106,211 14 O&M Allocation (%) 11.7% 13.6% 55.0% 12.0% 3.0% 3.6% 1.2% 100.0% Capital Allocation Similar to Operating costs functionalized in Table 5-4 above, capital is also functionalized. To reduce rate variability from year to year resulting from fluctuations in capital replacements, it is appropriate to allocate capital costs based on the allocation of existing system assets as all assets will eventually be replaced. Using the current configuration of system assets to allocate capital related expenses maintains a constant percent designation to the different cost causation components over the rate setting planning period. Table 5-5 provides a summary of capital assets replacement cost less depreciation by asset category5 and Table 5-6 summarizes the percent allocations of assets to the Capital Facilities cost component, and the resulting Capital Allocation (%). The Capital Allocation (%) will be used to allocate the remaining amount of Capital costs not funded by the City’s Capital R&R charge. Table 5-5: Capital Assets Functionalized Assets Capital Asset Value Treatment $7,093,363 Transmission / Distribution $15,952,344 Reservoir $21,386,397 Meters $88,035 Wells $8,086,282 Hydrants $1,013,088 Total $53,619,509 5 Detailed Water Asset listing is on file with the City. CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 24 Table 5-6: Capital Asset Allocation Capital Assets Meter Capacity Water Supply Base Max Day Max Hour Fire Flow Demand Total % Allocation Treatment 58% 33% 9% 100% Transmission / Distribution 35% 20% 36% 9% 100% Reservoirs 58% 33% 9% 100% Meters 100% 100% Wells 100% 100% Hydrants 100% 100% $ Allocation Treatment $4,085,418 $2,369,542 $638,403 $7,093,363 Transmission / Distribution $5,519,632 $3,201,387 $5,795,614 $1,435,711 $15,952,344 Reservoirs $12,317,482 $7,144,140 $1,924,776 $21,386,397 Meters $88,035 $88,035 Wells $8,086,282 $8,806,282 Hydrants $1,013,088 $1,013,088 Total $88,035 $8,086,282 $21,922,532 $12,715,069 $5,795,614 $5,011,977 $53,619,509 Capital Allocation (%) 0.2% 15.1% 40.9% 23.7% 10.8% 9.3% 100% The next step is to use the allocation percentages developed in the preceding section to allocate the FYE 2020 revenue requirements to cost components. The Revenue Requirements (Table 5-1, Line 14) were allocated to cost components as summarized in Table 5-7. Operating revenue requirements were allocated based on the O&M Allocation percent from Table 5-4 and Capital revenue requirements ($4,064,053) was broken out into two components. The City currently has a Capital R&R fixed meter charge and the fixed Capital R&R charge will continue but updated to recover $2.6M, inline with the City’s annual capital costs. The remainder of $1,434,053 ($4,064,053 - $2,600,000) capital revenue requirements were allocated based on the Capital Allocation percent from Table 5-6. In addition, there are certain operating expenses directly associated with conservation for a total of $175,0006; therefore, a Water Efficiency cost component is included to capture these expenses. 6 Water Efficiency related expenses include Outreach, MWDOC Outreach, Rebates, Conservation Enforcement, MWDOC School Program and MWDOC Water Use Efficiency. CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 25 Table 5-7: Cost of Service Requirements Revenue Requirement Customer Service Meter Capacity Water Supply Base Max Day Max Hour Water Efficiency Fire Flow Demand Capital R&R Total Operating $1,634,140 $1,909,173 $7,708,485 $1,680,240 $425,562 $503,031 $164,405 $14,025,038 Capital / Reserves $2,427 $222,905 $604,313 $350,502 $159,761 $138,159 $1,478,067 Capital R&R $2,600,000 $2,600,000 Cost of Service Requirement $1,634,140 $1,911,600 $7,931,390 $2,284,553 $776,064 $662,792 $0 $302,565 $2,600,000 $18,103,105 Direct Reallocation ($175,000) $175,000 Cost of Service Requirement $1,459,140 $1,911,600 $7,931,390 $2,284,553 $776,064 $662,792 $175,000 $302,565 $2,600,000 $18,103,105 5.4. RATE DESIGN A key component of the Study includes evaluating the current rate structures and determining the most appropriate structures to model moving forward. In this step, we have some flexibility as Proposition 218 does not specify the type of rate structure so long as the rates are based on the cost of service (as developed in the preceding section). The following subsections discuss the proposed rate structure for FYE 2020 through FYE 2024. Similar to the City’s current rate structure, the proposed rates will include a bi-monthly meter service charge, a bi-monthly Capital R&R charge, and a customer service charge for additional multi-family units. The variable rates will no longer employ tiered rates. The City’s water supplies include groundwater managed by the Orange County Water District and purchased water from East Orange County Water District. Two rate options were presented to City Council on September 17, 2019 which included a uniform rate structure and a modified tiered rate structure reflecting current costs. Following that presentation, the City decided to move forward with uniform rates, as shown in Section 5.5.3, herein. 5.4.1. Step 4 – Distribute Cost Components to Customers To allocate costs to customers, unit costs of service need to be developed for each cost causation co mponent. The unit costs of service are developed by dividing the total annual costs allocated to each parameter by the total annual service units of the respective component. The annual units of service for each cost component from Table 5-7 are derived below and the rate per unit of service has been rounded up. Fixed Charge Recovery Customer Service Component These costs are incurred at the same level regardless of the type of land use or the total amount of water that the utility delivers, therefore, the Customer Service component is based on the number of accounts, including additional multi-family residential units, and does not fluctuate with increases in meter size. The total units of service for customer service takes the total number of accounts / units (23,437) multiplied by the number of billing periods, six (6), in a year (equaled to 140,622). The total Customer Service revenue requirement from Table 5-7 of $1,459,140 is divided by the units of service to determine the unit cost of service shown in Table 5-8. CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 26 Table 5-8: Customer Service Component – Unit Rate Customer Service Component Customer Service Revenue Requirements $1,459,140 ÷ # of Accounts/Units x Billing Periods 140,622 Bi-Monthly Unit Rate $10.38 Meter Capacity Component The Meter Capacity Component includes costs related to debt, and reserve funding. We allocated these cost components based on meter size. In order to create parity across the various meter sizes, each meter size is assigned a factor relative to a ≤ 3/4” meter, which is given a value of one (1). Larger meters have the potential to demand more capacity, or said differently, exert more peaking characteristics compared to smaller meters. The potential capacity demand (peaking) is proportional to the potential flow through each meter size. For the purposes of this study, the safe maximum operating capacity by meter type, as identified in the AWWA M1 Manual, 6th Edition, was used as a basis for calculating the equivalent meter ratio. As shown in Table 5-9, a ≤ 3/4” meter, would also include 5/8” meters as part of this category and is assigned a capacity of 20gpm. E ach meter’s gpm was divided by the base meters safe operating capacity (20 gpm) to determine the equivalent meter ratio. The ratios represent the potential flow through each meter size compared to the flow through the ≤ 3/4” meter. Multiplying the number of meters by the AWWA Ratio results in the Meter Equivalents (MEs). Table 5-9: Meter Equivalents Meter Size AWWA Capacity (gpm) [A] Capacity Ratio [B] (A ÷ 20) Number of Metered Accounts [C] MEs [D] (B x C) Annual MEs [E] (D x 6) ≤ 3/4" 20 1.00 10,110 10,110 60,660 1" 50 2.50 3,071 7,678 46,065 1-1/2" 100 5.00 365 1,825 10,950 2" 160 8.00 600 4,800 28,800 3" 350 17.50 45 788 4,725 4" 630 31.50 29 914 5,481 6" 1400 70.00 14 980 5,880 8” 2400 120.00 - - - 10" 3800 190.00 - - - Total 14,234 27,094 162,561 Based on these ratios and taking into consideration the number of billin g periods, the total annual equivalent meters equals 162,561. Meter Capacity costs and a portion of system fire flow demand costs are allocated over the total annual MEs. System fire flow revenue requirements are further allocated between private fire lines and hydrants based on fire flow demand in order to proportionately spread these costs between dedicated private fire lines and potable meters, where potable meters recover the portion associated with the fire flow demand of all hydrants as a means to quantify the standby services rendered to all potable accounts for system fire flow capacity. Table 5-10 provides the fire flow demand of the system between hydrant and private fire lines. Fire flow demand equivalents were derived by first taking the cross-sectional diameter of the line raised to the 2.63 power, using the principals of the Hazen-Williams equation for the relative flow potential through pressure conduits which is dependent on the size of the diameter. The second step takes the product of the Fire Flow Demand and the service lines to derive total fire flow demand equivalents. The results of Table 5-10 show that 87% of fire flow equivalents are associated with the system as a whole and that percent of the fire flow revenue requirement is recovered over annual MEs. CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 27 Table 5-10: Fire Flow Demand Allocations Fire Service Line Fire Flow Demand Factor (Meter Size)^(2.36) [A] Service Lines [B]7 Fire Flow Equivalents [C] (A x B) Percent of Total [D] Revenue Requirement $302,5658 [E] Hydrants 6" 111.3 1,945 216,500 Sub-Total 216,500 87% $261,936 Private Fire Lines 4" 38.3 51 1,954 5" 68.9 1 69 6” 111.3 103 11,465 8" 237.2 67 15,893 10” 426.6 5 2,133 12” 689.0 3 2,067 Total 33,581 13% $40,629 Annual Units 250,081 100% $302,565 The portion related to private fire lines will be recovered over the corresponding private fire lines as discussed later in this Study. Table 5-11 shows the Meter Capacity costs from Table 5-7 and the system-wide fire flow component from Table 5-10 allocated over the total annual MEs. Table 5-11: Meter Capacity Component – Unit Rate Meter Capacity Component Meter Capacity Revenue Requirements $1,911,600 System-Wide Fire Flow Requirement $261,936 Total Meter Requirement $2,173,536 ÷ Annual ME’s 162,651 Bi-Monthly Unit Rate $13.38 Capital R&R Component The Capital R&R revenue requirement of $2,600,000 from Table 5-7 was also recovered over the annual equivalent meters of 162,651 (Table 5-9). Table 5-12 summarizes the determination of the unit rate for the Capital R&R Component. Table 5-12: Capital R&R Component – Unit Rate Capital Facilities Component Capital R&R $2,600,000 ÷ Annual ME’s 162,651 Bi-Monthly Unit Rate $16.00 7 Fire service lines by connection size provided by City through billing database. 8 Revenue requirement for Fire Flow derived in Table 5-7. CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 28 Variable Charge Recovery Water Supply Water Supply costs are recovered from total water sales (as shown in Table 5-4); therefore, the groundwater cost is a variable rate recovered over all usage. Table 5-13 shows the water supply costs from Table 5-7 allocated over the total projected water sales to determine the water supply unit rate. Table 5-13: Water Supply Component – Unit Rate Groundwater Rate Water Supply Revenue Requirements $7,931,390 ÷ Total Projected Water Sales (ccf) 4,271,185 Unit Rate (per ccf) $1.86 Conveyance Conveyance or delivery costs of the City includes all remaining variable components for deriving the proposed uniform rate to all customers. Therefore, the Conveyance Rate is the combined cost of Base, Max Day and Max Hour (collectively Peaking Cost) and Water Efficiency cost components spread over all water sales. Table 5-14 summarizes the determination of the unit rate the Conveyance. Table 5-14: Conveyance Component – Unit Rate Conveyance Rate Revenue Requirement Water Sales (ccf) Unit Rate (per ccf) Base Revenue Requirements $2,284,553 4,271,185 $0.54 Peaking Revenue Requirements (Max Day + Max Hour) $1,438,856 4,271,185 $0.34 Water Efficiency Requirements $175,00 4,271,185 $0.05 Conveyance Rate (per ccf) $0.93 5.5. PROPOSED WATER RATES 5.5.1. Fixed Charges Currently, the City’s fixed bi-monthly water charges generate approximately 50% of total rate revenues. With the change in variable rates from tiered rates to a uniform rate, the City intends to promote water efficiency through rates by reducing the overall cost recovery from the fixed charge down to 35%. The new rate structure will recover 65% of revenue from the uniform variable rate providing customers more control over their bi -monthly bill by using water efficiently. Table 5-15 summarizes the Bi-Monthly Service Charges by meter/connection size based on the unit rates developed in the Rate Design section. CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 29 Table 5-15: FYE 2020 Proposed Bi-Monthly Service Charges ($/Meter) Meter Size Customer Service Charge [A] Meter Service Charge [B] Capital R&R Charge [C] FYE 2020 Proposed Service Charge [D] (A + B+C) = [D] ≤ 3/4" $10.38 $13.38 $16.00 $39.76 1" $10.38 $33.45 $39.99 $83.82 1-1/2" $10.38 $66.90 $79.97 $157.25 2" $10.38 $107.04 $127.96 $245.38 3" $10.38 $234.15 $279.90 $524.43 4" $10.38 $421.47 $503.82 $935.67 6" $10.38 $936.60 $1,119.58 $2,066.56 8" $10.38 $1,605.60 $1,919.28 $3,535.26 10" $10.38 $2,542.20 $3,038.86 $5,591.44 Additional MFR Units $10.38 - - $10.38 As shown in the table above, the Customer Service Components do not vary based on meter size. The Meter Service Charge and Capital R&R Charge are determined by multiplying the unit costs of $13.38 and $16.00, respectively, by the appropriate meter capacity ratios. Applying the proposed revenue adjustments to the proposed Bi -Monthly Service Charges for each of the remaining years of the Study Period yields the proposed Bi-Monthly Service Charges shown in Table 5-16. Table 5-16: Proposed 5-Year Bi-Monthly Charges ($/Meter or $/MFR Unit) Meter Size / Unit FYE 2020 Proposed Fixed Charge FYE 2021 Proposed Fixed Charge FYE 2022 Proposed Fixed Charge FYE 2023 Proposed Fixed Charge FYE 2024 Proposed Fixed Charge Effective Date 2/1/2020 1/1/2021 1/1/2022 1/1/2023 1/1/2024 ≤ 3/4" $39.76 $41.75 $43.84 $46.03 $48.33 1" $83.82 $88.01 $92.41 $97.03 $101.88 1-1/2" $157.25 $165.11 $173.37 $182.04 $191.14 2" $245.38 $257.65 $270.53 $284.06 $298.26 3" $524.43 $550.65 $578.18 $607.09 $637.45 4" $935.67 $982.45 $1,031.58 $1,083.15 $1,137.31 6" $2,066.56 $2,169.89 $2,278.38 $2,392.30 $2,511.92 8" $3,535.26 $3,712.02 $3,897.62 $4,092.51 $4,297.13 10" $5,591.44 $5,871.01 $6,164.56 $6,472.79 $6,796.43 Additional MFR Units $10.38 $10.90 $11.44 $12.02 $12.62 5.5.2. Private Fire Line Charges The percentage of Fire Flow Demand revenue requirement allocated to private fire lines is recovered through a rate per diameter inch of connection size. Table 5-17 shows the derivation of private fire charge based on fire flow demand for FYE 2020. CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 30 Table 5-17: FYE 2020 Proposed Bi-Monthly Private Fire Line Service Charge Unit Rate Connection Size Connections (Table 5-10 [B]) [A] Connection Size Factor [B] Total Private Fire Line Units of Service [C] (AxBx6) 4" 51 4x 1,224 5" 1 5x 30 6" 103 6x 3,708 8” 67 8x 3,216 10” 5 10x 300 12” 3 12x 216 Total 230 81,461 8,694 Private Fire Line Revenue Requirements $40,629 Annual Units of Service 8,694 Rate per Diameter Inch $4.673 Applying the proposed revenue adjustments to the proposed Bi-Monthly Private Fire Line Service Charges for each of the remaining years of the Study Period yields the proposed charges in Table 5-18 Table 5-18: FYE 2020-2024 Proposed Bi-Monthly Private Fire Line Service Charges Connection Size FYE 2020 Proposed Private Fire Line Charge FYE 2021 Proposed Private Fire Line Charge FYE 2022 Proposed Private Fire Line Charge FYE 2023 Proposed Private Fire Line Charge FYE 2024 Proposed Private Fire Line Charge Effective Date 2/1/2020 1/1/2021 1/1/2022 1/1/2023 1/1/2024 4" $18.70 $19.64 $20.62 $21.65 $22.73 5" $23.37 $24.54 $25.77 $27.05 $28.41 6" $28.04 $29.44 $30.91 $32.46 $34.08 8” $37.39 $39.26 $41.22 $43.28 $45.45 10” $46.74 $49.08 $51.53 $54.11 $56.81 12” $56.08 $58.88 $61.83 $64.92 $68.17 5.5.3. Variable Rates The components of the variable rate are added together to produce a uniform rate. Table 5-19 shows each component rate and the final proposed FYE 2020 commodity rate. Applying the proposed revenue adjustments to the proposed uniform commodity rates yields the proposed five-year rate schedule shown in Table 5-20. Table 5-19: FYE 2020 Proposed Commodity Rates ($/ccf) Customer Class Water Supply Component Conveyance Component Proposed FYE 2020 Commodity Rate All Customers $1.86 $0.93 $2.79 Table 5-20: Proposed 5-Year Usage Charges ($/ccf) Customer Class FYE 2020 Proposed Commodity Rate FYE 2021 Proposed Commodity Rate FYE 2022 Proposed Commodity Rate FYE 2023 Proposed Commodity Rate FYE 2024 Proposed Commodity Rate Effective Date 2/1/2020 1/1/2021 1/1/2022 1/1/2023 1/1/2024 All Customers $2.79 $2.93 $3.08 $3.24 $3.41 CITY OF TUSTIN COMPREHENSIVE WATER COST OF SERVICE STUDY REPORT 31 APPENDIX A – Detailed Financial Plan RESOLUTION NO. 20-04 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ADJUSTING WATER RATES PROVIDED BY THE CITY OF TUSTIN WHEREAS, the City previously retained Raftelis Financial Consultants, independent financial consultants, to review the City's Water Enterprise to determine whether rates for service charges are sufficient to meet increased costs of service, and to prepare a cost of service analysis and rate study (COS); and WHEREAS, based on the results of the COS, increases to the rates for water service fees and charges are necessary; and WHEREAS, the proposed water rate structure includes a variable water usage charge and a fixed service charge, both billed on a bi-monthly basis. The proposed water usage charge is based on the amount of water consumed, measured in dollars per hundred cubic feet ("CCF") of water delivered to the property. The fixed service charge is independent of the amount of water used and is determined based on the size of the meter serving the property, as measured in inches; and WHEREAS, the proposed rate structure is for a period of four years and five months, and is proposed to take effect on February 1, 2020, and to increase each January 1 thereafter commencing on January 1, 2021, through and including January 1, 2024; and WHEREAS, the revenues derived from the fees will not exceed the funds required to provide the services for which the fees are imposed, and will be used exclusively for the operation and maintenance of the City's water system; and WHEREAS, the fees are equitable to all customer classes; and WHEREAS, the amount of fees will not exceed the proportional cost of service attributable to each customer class upon which they are proposed for imposition; and WHEREAS, the fees will not be imposed for general governmental purposes, but only for the costs of operation and maintenance of the City's water system; and WHEREAS, article XIII D, section 6 of the California Constitution ("Article XIII D") requires that prior to imposing any increase to the fees, the City shall provide written notice ("Notice") by mail of the new or increased fees to the recorded owner of each parcel upon which the fees are proposed for imposition and any tenant directly liable for payment of the fees, the amount of the fees proposed to be imposed on each parcel, the basis Resolution 20-04 Page 1 of 5 upon which the fees were calculated, the reason for the fees, and the date, time, and location of a public hearing ("Hearing") on the proposed fees; and WHEREAS, on December 6, 2019, the City distributed notices as required by Article XIII D regarding the City Council's consideration of the proposed adjustments to the water rate fees at the January 21, 2020 public hearing to all owners of record and customers in accordance with Article XIII D, Section 6(a)(1) of the California Constitution and Government Code Section 53755; and WHEREAS, on January 21, 2020, the City Council held a duly noticed public hearing on the proposed water rate contained in this Resolution, and at that time invited oral and written comments from the public; and WHEREAS, upon close of said public hearing, the City did receive written protests to the proposed fees and therefore there has been no majority protest; and WHEREAS, the City Council now desires to establish rates for the fees, effective February 1, 2020, at the rates and subject to increases on the dates set forth in the schedule in Section 4; and NOW, THEREFORE, the City Council of the City of Tustin does hereby resolve, determine and order as follows: SECTION 1. After considering the material presented in the COS, the City Council hereby finds as follows: a) Revenues derived from the fees do not exceed the funds required to provide the related service; b) Revenues derived from the fees shall not be used for any purpose other than for that which the fees or charges are imposed; c) The amount of the fees imposed upon any parcel or customer does not exceed the proportional cost of service attributable to the parcel; d) The fees are imposed for services that are actually used by, or immediately available to, the owner of the property upon which the fees are imposed; and e) The fees will not be imposed for general governmental purposes, but only for the costs of operation and maintenance of the City's water system. SECTION 2. After receiving public comment and testimony on the new fee structure for water services provided, and absent a majority protest to the proposed fee increases, the new fee schedule for water fees and charges is hereby approved as set forth in Section 4. Resolution 20-04 Page 2 of 5 SECTION 3. The new fee schedule for water services shall be implemented beginning February 1, 2020, and shall be increased on January 1, 2021 and annually thereafter, up to the maximum rates set forth in Section 4. The scheduled adjustment authorized by this Section may be made by the City Manager or designee, without conducting another public hearing or any action on the part of the City Council. SECTION 4. The variable water usage charge and fixed service charge are hereby established as follows: - - wI M -97 IRMW I MV Bi -Monthly Potable Water Usage Charges ($/unit) ***1 unit = 100 cubic feet (hcf) _ 748gallons*** Unit: 0 + $2.79 $2.93 $3.08 $3.24 $3.41 Bi -Monthly Fixed Service Charges ** Meter & Capital Refurbishment and Replacement Meter Size (R&R) Charge 5/8" or 3/4" $39.76 $41.75 $43.84 $46.03 $48.33 1" $83.82 $88.01 $92.41 $97.03 $101.88 11/2" $157.25 $165.11 $173.37 $182.04 $191.14 2" $245.38 $257.65 $270.53 $284.06 $298.26 3" $524.43 $550.65 $578.18 $607.09 $637.45 4" $935.67 $982.45 $1,031.58 $1,083.15 $1,137.31 6" $2,066.56 $2,169.89 $2,278.38 $2,392.30 $2,511.92 8" $3,535.26 $3,712.02 $3,897.62 $4,092.51 $4,297.13 10" $5,591.44 $5,871.01 $6,164.56 $6,472.79 $6,796.43 Per Dwelling Unit Charge $10.38 $10.90 $11.44 $12.02 $12.62 - - . rZO . 2 Meter Size - - 4" $18.70 $19.64 $20.62 $21.65 $22.73 5" $23.37 $24.54 $25.77 $27.05 $28.41 6" $28.04 $29.44 $30.91 $32.46 $34.08 8" $37.39 $39.26 $41.22 $43.28 $45.45 10" $46.74 $49.08 $51.53 $54.11 $56.81 12" $56.08 $58.88 $61.83 $64.92 $68.17 Resolution 20-04 Page 3 of 5 PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin, California, held on the 21 st day of January, 2020. DR. ALLAN BERNSTEIN, Mayor ATTEST: ERICA N. YASUDA, City Clerk Resolution 20-04 Page 4 of 5 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, Erica N. Yasuda, City Clerk and ex -officio Clerk of the City Council of the City of Tustin, California, do hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 20-04 was duly passed and adopted at a regular meeting of the Tustin City Council, held on the 21 st day of January, 2020, by the following vote: COUNCILMEMBER AYES: COUNCILMEMBER NOES: COUNCILMEMBER ABSTAINED: COUNCILMEMBER ABSENT: ERICA N. YASUDA, City Clerk Resolution 20-04 Page 5 of 5