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HomeMy WebLinkAboutWater Rate Review 2004 1 IFTRUC __ DONNER PUBLIC UTILITY DISTRICT 1 1 � zr^ •,,,t��>3'y,31k�f,���S���l���v z ram"/,e3,i 1 1 1 1 Proposal for 1 Water Rate Review and Update 1 1 1 July 2004 1 1 Reiter -Lowry - Consultants tJuly 15, 2004 Mr. Peter Holzmeister, General Manager Truckee Donner Public Utility District 11570 Donner Pass Road P. O. Box 309 Truckee, CA 96160 RE: Proposal to Conduct Water Rate Study. Dear Peter: Thank you for the opportunity to submit our proposal to review your current water rates and develop new rates. You will note in our resumes and work experience that we offer a specific experience in performing studies of this nature. As past General Managers and Directors of water ' and sewer districts, we have had the experience of developing and just as important of implementing revised and increased rates and charges. We have developed a keen sensitivity to the potential impacts on the community and necessity of developing rate structures that fit your specific community. The art and science of rate setting requires not only the technical skills but also knowledge of what works in the real world. Our experience as managers has provided many opportunities to learn that a technically perfect rate calculation that does not address customer concerns can be of little value and can possibly be of negative value to the District. We look forward to the opportunity to be of service. Respectfully, Glenn 1 2535 Keuner Blvd,#2A5,San Diego,CA 92127 (619)231-1730 phone l(619)230-0040 fax TABLE OF CONTENTS SECTION I - PURPOSE AND PROJECT APPROACH......................................................... 3 PURPOSE................................................................... .............. PROJECT APPROACH-.... ...................... ............ StudyObjectives..................................................................................................................... Methodology .............................................................. ............................................ ............................................................ Scopeof Work.................................... ..................................................................................... SECTION 11 - DESCRIPTION OF THE PROJECT TEAM......................................................9 SECTION III - KEY PERSONNEL RESUME......................................................................... 10 GLENNM.REITER,R.C.E............................................................................................................. 10 GREGGA.LowRy,P.E................................................................................................................. 14 SECTION IV - REITER LOWRY CONSULTANTS QUALIFICATIONS..........................16 SECTIONV - REFERENCES ............................................................................. ..................... 17 SECTION VI - SCHEDULE AND BUDGET............................... .......................................... 18 FEEAND RATE SCHEDULE................................. ......................................................................... 18 Truckee Donner PUD-Water Rate Review and Update Page 2 Reiter.Uwry-Gnsultants SECTION I - PURPOSE AND PROJECT APPROACH PURPOSE 1) To enhance the District's water revenue 2) Identify alternative rate structures which promote equity ' 3) Provide the necessary revenues to enhance operations and preventive maintenance 4) Develop rates which encourage conservation PRO)ECTAPPROACH Study Objectives The study will take advantage of as much existing material as possible. Where new material is required, it will be developed in a manner that assists periodic updates. ' The District has recently acquired two water systems and is experiencing ' unusual growth. In addition, the system is relatively complex and costly to maintain and operate. Environmental regulations and severe weather conditions ' increase cost and wear on the system. ' The service conditions are further complicated by the nature of the customers; almost 50% are part time residents, which results in extreme peaking conditions during times of high occupancy. ' The system itself is relatively complex with 44 pressure zones and 36 storage tanks all of which contribute to increased operating costs. Truckee Donner PUD—Water Rate Review and Update Page 3 ' Reiter-bwry- onsultants Methodology The essential element of a rate study is proper identification of all the costs that ' are attributable to a particular service. This is not only a matter of good business but necessary for compliance with numerous laws. The public is becoming keenly aware of the cost of service and expects their water utility provider to ' provide outstanding service at low cost. It is recognized that 600 commercial services are metered and the remaining are not. Consumption data from the 600-metered services will greatly facilitate the ' development of a rate and revenue model. The non-metered services will be modeled using extrapolated data. Rate and revenue models are essential to demonstrate the financial impact on the consumer as well as the District. This tool provides the District with the ability to predict potential problems before a rate is implemented. Scope of Work Task 1 - Review of Capital Improvement Program (CIP) and Priorities This review includes an examination of the program costs as well as the timing. The timing of a CIP is critical in cash management. Large amounts of capital in ' the early years may require borrowing rather than pay as you go. However, systems with high maintenance and repair costs may benefit from an accelerated replacement program, which can result in lower maintenance cost and improved system reliability. Truckee Donner PUD— Water Rate Review and Update Page 4 Reiter.]pwry.Lonsultants ' Task 2- Allocation of the Capital Improvement Program to Existing and Future Users An essential element of the study is the Capital Improvement Program. It is our ' understanding that the District has a CIP with sufficient detail in order to ' determine what portion of the program is a growth-induced cost versus operational needs. I is also understood that a life cycle report is available, thus, affording the ability to include the identification of those capital items with a useful life of less than 20 years and those greater than 20 years. This allows the District the flexibility to develop a policy as to how much of the capital program should be pay-as-you-go or debt finance and paid-as-you-use. ' Capital items with a useful life of less than 20 years are considered consumable and should be recovered in the water rate. Items with a life span of 20 or more years benefit future generations and may be ' more appropriately debt financed. This allows a pay-as-you-use funding for multi generation facilities. Task 3 - Evaluate Commercial Water and Use-Develop Revenue Model ' It is our understanding that the District's water billing system for commercial accounts has historical consumption by service account for several years. This ' consumption history would be included in a rate and revenue model. This model would be designed to include a service charge and alternative water rates. It is assumed that the District's current billing system has the ability to export retail customer usage history, thus allowing accurate modeling on a customer 1 basis. Truckee Donner PUD—Water Rate Review and Update Page 5 ' Reitenlpwry.Gnsultants Task 4 - Allocation of Operating Budget between Fixed and Variable Cost Components ' The budget will be analyzed to determine those costs that are not directly related to water use and those that are. A service charge matrix will be developed that demonstrates the financial impact of recovering all or a portion of the fixed costs ' for metered accounts. For non-metered accounts the matrix will be used to demonstrate the impact of varies flat rates and energy charges by pressure zone. ' Task 5 - Establish Service Charge for Metered Accounts and Non Metered Accounts ' Based on the results of task 4 alternative services charges will be developed along with the resulting revenues. Rates and charges are designed to recover the ' cost of operation, maintenance, and replacement. The challenge is the development of a rate structure that can be understood by the consumer as being ' fair and equitable to all. The Service charge is designed to recover all or a portion of the fixed charges as well as recognize the potential demand on the system by service and type. Task 6 -Allocate Energy Costs by Pumping Zone ' Energy is a major cost of most water utilities. Where there are numerous ' pumping zones and high elevations, energy may be the most expensive portion of the cost of service. Today's consumer expects to pay only for what they ' believe is their fair share. Recognition of pumping zones in the rate structure is common practice and enhances conservation. ' Truckee Donner PUD— Water Rate Review and Update Page 6 Reiter-bwry.(onsultants The courts have recognized that ascending rate blocks that encourage ' conservation do not violate the constitutional provisions restricting the charge for the "reasonable cost' of providing the service. Funds raised by the conservation rate block system are used to encourage conservation. Task 7 - Identification of Additional Maintenance and Operating Costs b Zone Task 6 will identify the energy cost per zone. This task will identify the added ' costs for maintenance and operation of the pumping stations. Water systems with many pump stations and pressure reducing valves have higher maintenance costs. Following the practice of "benefiting users' pay", the district may wish to include in the zone costs the additional expense of maintaining pump stations as well as the energy used by them. Task 8 - Develop Alternative Commodity Rates for Metered and Non Metered ' Service Based on the results of the foregoing tasks alternative rates will be developed. ' For metered service, this will include alternative service charges as well as commodity charges. The service charge can recover all or a portion of the fixed costs. Recovering all of the fixed costs in the service charge will reduce the commodity charge and could be counter productive to conservation efforts. The ' alternative commodity/flat rates will take into consideration, energy, increased ' maintenance and operations as well as conservation. To encourage conservation it may be possible to develop a correlation between land use and lot size and charge accordingly. Truckee Donner PUD— Water Rate Review and Update Page 7 ' Reiter-Uwry.Gnsultants Task 9- Develop Cash Flow Model ' A critical element of the study is the eventual long-term financial impact on the District. Will the revised rate schedule produce the necessary funds to operate, ' maintain, and replace the system? If it is necessary to borrow, will it be sufficient to service debt. The model will provide the District with a financial planning ' tool that can be readily updated to reflect actual conditions as the District grows. ' Task 10 - Prepare Rough Draft A draft report will be prepared describing the results of the foregoing tasks. The report will provide alternative rate structures for the District's consideration. In addition, it will be prepared in a manner that lends itself to a presentation to the ' public as well as the District. �� �joaN� ' Task 11 Presentation to Staff and Committ--ee `\ ' The report will be presented in graphic and written form to the staff and -committee-. The presentation will be designed in a manner that would be ' suitable for public viewing if the District so desires. Task 12 Revise Draft ' The draft report would be finalized based on District input. ' Task 13 Presentation to Board of Directors The final report would be presented to the Board of Directors in graphic and ' written form that is suitable for public review and comment. Truckee Donner PUD- Water Rate Review and Update Page 8 12eiter.ipwry.Gns ultants ' SECTION II - DESCRIPTION OF THE PROJECT TEAM ' The team will be comprised of a project manager, Glenn Reiter, who will concentrate on ' the water rate portion of the study. Gregg Lowry will be responsible for quality control. Evette Ward will be responsible for data collection and analysis. ' Glenn will be the primary contact for contract administration and Evette will be the ' contact for data collection and scheduling. Truckee Donner PUD— Water Rate Review and Update Page 9 Reiter-bwry-Consultants SECTION III — KEY PERSONNEL RESUME 1 GLENNM.REITER,R.C.E. Partner Reiter Lowry Consultants Project Assignment Principal-in-Charge Special Expertise Utility Financing and Analysis. Business Plan development, Budgeting, Long-range Financial Plans, Financial Advisor for the issuance of debt, Capital Finance Planning, AB 1600 Compliance, Connection Fee Calculations, Assessment Financing, Financial ' Modeling, Public Presentations and Hearings. Education BS Civil Engineering North Western University Institute of Technology Licenses Registered Civil Engineer - State of California Class A & SC42 Engineering Contractor Experience 23 Years Consultant (RLC) ' Prior Employment—22 Years BACKGROUND ' As co-founder of the firm of Reiter-Lowry-Consultants, Mr. Reiter has continued to provide financial consulting services to numerous public agencies. The projects involve demographic analysis, including growth projections, land-use analysis, consumption patterns, and expected land-use changes. Detailed research is the cornerstone of integrating the capital improvement program and the construction phasing schedules in ' order to develop an understanding of the cash needs of an agency. The effort is the foundation for the determination of the revenue streams to fund the new growth ' portions of the capital improvement programs. Mr. Reiter has broad experience in assisting public agencies in developing long-range finance plans and then assisting them in the issuance debt for capital construction. His ' experience in public utilities as a General Manager and Director on a Regional Water Authority bring to his clients practical as well as technical expertise. He has personally supervised and implemented rate increases, public works projects, including the supervisions of construction as well as on going maintenance. ' Truckee Donner PUD—Water Rate Review and Update Page 10 Reiter.] Awry-Cnmultants Mr. Reiter has had extensive experience in the development and implementation of direct assessments. As General Manager and Chief Engineer of the Otay Municipal Water District, he developed standby charge assessments based upon benefit assessment criteria. The system recognized the varying degrees of benefit for specific properties. Before Prop 218 became law, he also introduced and obtained passage of legislation amending the standby charge authority for municipal water districts to take into consideration Otay Municipal Water District's special situation. He subsequently used this experience in developing programs for other special districts. He has over 35 years of experience in direct assessments. ' Mr. Reiter has been responsible for assisting numerous agencies in obtaining multi- millions of dollars in the financing of public works. His experience, as a past Manager and Director as well as a consultant, adds insight into the financial workings of ' government. Thus, he is able to develop finance plans that have been favorably received by the bond insurance and rating agencies providing cost effective and lower interest rates with material savings in the issuance of debt for public finance. ' As a past Manager and Director, Glenn is keenly aware of the public's response to public finance and he has developed techniques in working with these agencies as well as the public to develop cooperation and understanding of a public borrowing. He has been very successful in working with citizens' committees in developing appropriate revenue streams through the modification or increase in suitable rates and charges to ' demonstrate the fiscal soundness of a public financing. This integration of operations with capital improvement programs in finance provides an unusual service to the client and one that has led to very successful financings of public works projects. rMr. Reiter has over 40-years' experience in making presentations before public groups. His major strength is in communicating the results of these plans, not only to the Board ' of Directors, but also to the public. He takes great pride in the fact that he has been a pioneer in the use of multimedia in public hearings and has developed extensive graphics capabilities in order to explain projects. ' Special Districts ➢ Co-founder and Executive Director of California Special Districts Association ' and Executive Secretary for five years ➢ Author of numerous papers ➢ Lecturer on Special District Management and Finance for Special Districts Seminars ➢ Author of papers on Special District Finance and water rates ➢ Past Chairman, Special Districts Advisory Committee/LAFCO ' ➢ Co-Founder of Special District Management Institution Truckee Donner PUD— Water Rate Review and Update Page I 1 ' Reiter.j}owry-Cbmultants ' San Diego County Water Authority-Past Positions ➢ Member, Board of Directors ➢ Chairman, Long-Range Planning Committee ➢ Vice Chairman, Engineering and Operations Committee ➢ Member, Organization and Personnel Committee ➢ Chairman, Presidents and Members Council ➢ President, San Diego County Water Works Group ' Helix Irrigation District ➢ Project/Design Engineer and Resident Construction of the Chet Harrit Dam and Reservoir system ' General Mangier of Otay Water District ➢ Significant project planning to keep abreast of rampant growth ' ➢ 4,500 accounts in 1968 to 15,500 in 1981 ➢ Completion of six General Obligation Bond issues ➢ Completion of four Assessment Districts ➢ Completion of formation of six Improvement Districts ' ➢ Completion of six Annexations ➢ Total construction of$50 million worth of water and sewer facilities Extensive California Legislative Activity Since 1969 ' ➢ Author of numerous Senate and Assembly Bills ' City of San Diego ➢ Utilities Systems and Planning Engineer-3 years Professional Affiliation and Registration ➢ Charter Member -National Assoc. of Independent Financial Advisors ➢ General Engineering Contractor's License ' ➢ American Public Works Association Truckee Donner PUD —Water Rate Review and Update Page 12 Reiter-Uwry-Gnsultants ' ➢ Society of American Military Engineers ➢ American Society of Civil Engineers ➢ American Water Works Association ➢ Consulting Engineer Association of California ➢ Association of California Water Agencies ➢ Registered Civil Engineer,California ➢ Lieutenant Commander U.S. Navy Reserves, Retired ' ➢ Treasurer, Vice President and President - San Diego Railroad Museum Truckee Donner PUD- Water Rate Review and Update Page 13 Reiter.Uwry.Gnsultants GREGG A.LOWRY,P.E. ' Partner Reiter Lowry Consultants Project Assignment Technical Reviewer Special Expertise Financial and Operational Planning, Water/Sewer ' Master Planning, Civil Engineering, Human Resources Administration, Maintenance ' Management, Budgeting, Training, and Business Education BS Civil/Environmental Engineering 1972 University of Wisconsin- Madison Experience 18 Years Consultant (RLC) since 1986 All Prior Employment- 15 years BACKGROUND ' Mr. Lowry has demonstrated the capability of providing creative guidance and vision in a wide range of subjects. Both technical acumen and administrative proficiency have enabled him to complete successfully many projects involving strategic financial planning, benefit assessment districts, standby charge programs, utility rate studies, maintenance management, human resource administration, records management, ' board policy development, operational management, operation procedural manuals, material/equipment specifications, mapping, and facility history systems. He has an established reputation as a capable engineer with savvy financial management experience, and practical hands-on problem solving. Mr. Lowry's public works management experience began while serving in the Civil Engineer Corps, United States Navy. He completed assignments in Construction Contracting and as Director of Public Works. Mr. Lowry completed 20 years of active duty and reserve assignments and officially retired in 1995. Prior to entering his consulting business in 1987, Mr. Lowry served as the Assistant General Manager of the Rancho California Water District, a complex water and sewer agency, providing service to 100,000 acres in southern Riverside County. In this capacity, he was responsible for the direction and guidance of a staff of over 70 ' personnel. In addition, he was responsible for the long-range planning of capital improvements and replacements, as well as the annual operating budget of the District. ' He developed a sophisticated planning, budgeting, and scheduling system which provided an improved management control of the operating, capital, and repair costs of ' Truckee Donner PUD- Water Rate Review and Update Page 14 ' Reiter-bwry.Cpnsultants the District. Mr. Lowry modernized many of the District's administrative functions, including personnel management, the public relations program, records retention and management, committee and Board support activities, etc. In 1980, Mr. Lowry was appointed Assistant General Manager of the Fallbrook Public Utility District. During the following four years, he completed an integrated on-line business computer system, introduced a long-range operating and engineering ' administration maintenance plan, assisted in filing a loan application to the Bureau of Reclamation for the expansion of the District's Red Mountain Dam, and introduced scheduling techniques for capital and operating projects. As the Engineering Administrator for Otay Municipal Water District, Mr. Lowry was responsible for planning, scheduling, and organizing the activities of the Engineering ' Department. As Special Assistant to the General Manager, Mr. Lowry devised a computerized project-planning tool which tracked not only the costs (actual to budget), but gave management the ability to compare the hours used by the staff against the estimated hours. Projection of total hours, costs, and date of completion were made more accurate than the traditional approach taken by designers and engineers. The result of developing this tool was the timely completion of the designs for capital ' construction projects. Positions Held in Public Works Management ' ➢ Assistant General Manager of the Rancho California Water District ➢ Assistant General Manager of the Fallbrook Public Utility District Engineering Administrator for Otay Municipal Water District ➢ Public Works Director for Fallbrook Annex Weapons Station ' ➢ Construction Manager, Beaufort Marine Corp Air Station ' Professional Affiliation and Registration ➢ National Assoc. of Independent Financial Advisors ' ➢ American Society of Civil Engineers ➢ American Public Works Association 1 ➢ National Society of Professional Engineers ➢ Registered Professional Engineer in: California and Wisconsin ➢ Lieutenant Commander U.S. Navy Reserve, Retired Truckee Donner PUD—Water Rate Review and Update Page 15 ' Reiteripwry.onsultants 1 SECTION IV — REITER LOWRY CONSULTANTS QUALIFICATIONS RLC principals have unique qualifications for this study. Glenn Reiter was the General Manager and Chief Engineer for the Otay Municipal water District for 13 years and a ' Director on the San Diego County water authority to 10 years. Since 1981, he has been in private practice and has conducted numerous studies as noted in the experience section. Once project that deserves particular note was the Arcade Water District now merged into Sacramento Suburban. The District awarded RLC a contract in 1995 to conduct a compressive rate study and finance plan followed by a capital replacement financing. The District was formed in 1954 through aggregation of several small water companies. The had one rate increase since 1954. However, they managed to accumulate ' considerable savings. The new manager was likewise amazed and immediately recognized that there was a problem. He no sooner took over and discovered that they ' were in the leak business rather than the water business. He hired an engineering firm ' to prepare a capital replacement plan. The engineer reported that most of the system had to be replaced. This would require $80,000,000 + over the next 10-15 years. Their water rate was $4.00/Mo flat, no water meters. Once we completed our study, we found it was necessary to raise immediately rates to $8/Mo with three years of 25% rate increase in ' order to qualify for a $40,000,000 initial loan. Acting as financial advisor to the District, we were then able to obtain a credit rating, bond insurance and sell the bonds to begin work. Truckee Donner PUD—Water Rate Review and Update Page 16 ' Reiter.Ipwry.Cpnsultants SECTION V - REFERENCES ' City of Ontario- 1999 to present Ken Jeske Director of Public Works Agency Mohamed El Amamy Director of Utilities (909) 395-2681 ' City of Norco -Ongoing Joe Schenk Director (909) 270-5626 City of Corona- 1997 to present George Henson Director Electric Utility ' Don Williams (909) 736-2232 City of Fontana -2002 to present Jeff McPherson, Business Services Mgr ' Curtis Aaron, Public Services Director (909) 350-6631 Ken Mackey, Attorney (909) 686-1450 Leucadia Wastewater District-Currently underway Michael Bardin, General Manager (760) 753-0155 ' Murrieta County Water District- 2002 to present Wayne Spencer, General Manager (909) 677-7667 City of Hesperia- 2002 DIF ' Mike Podegracz, City Engineer Monte Vista Water District- 1997 and 2002/03 Curtis Yakimow, Finance Director (909) 624-0035 ' Castaic Lake Water Agency- 1985 to present Dan Masnada, General Manager (661) 297-1600 ' Mission Hills Community Service District- 1988 to present John Lewis, Manager ' PBS&J- Mr. Gary Eikermann (760) 753-1120 (Mr. Lowry has partnered with Mr. Eikermann on numerous projects since 1995) Truckee Donner PUD- Water Rate Review and Update Page 17 ' Reiter.ipwry-Consultants ' SECTION VI — SCHEDULE AND BUDGET FEE AND RATE SCHEDULE $150 $75 $55 Task Principal Analyst Admin ' Number Task Description Hours Hours Hours 1 Review CIP and Priorities 4 2 Allocate CIP to Existing and Future Users 5 e3 Evaluate Commercial Water Use and Develop Use Model 7 3 Allocate Operating Budget Between Fixed and Variable ' 4 Components 6 Establish Service Charge for Metered and Non-Metered 5 Service 7 6 Allocate Energy Charge by Pumping Zone 6 7 Identify Additional M&O Costs by Zone 7 Develop Alternative Commodity Rates for Metered and 8 Non-Metered 8 9 Develop Cash Flow Model 6 10 Prepare Draft Report 8 ' 11 Presentation to Staff and Committee 8 2 12 Revise Draft 5 1 15 13 Presentation to Board of Directors 8 Sub-Total Labor Hours 85 6 15 Labor Cost $12,750 $450 $825 Travel Expense $950 Printing Expense at cost ' Misc. Total $13,700 $450 $825 Grand Total $14,975 Truckee Donner PUD—Water Rate Review and Update Page 18 Reiter.T pwry.Gnsultants ' Reiter-Lowry-Consultants Rates and Charges ' Effective 6/01/03 through 6/30/04 Federal I.D. Number 33-0417018 ' Billing Category Hourly Rate Principal 150 100 Associate 100 Administrative (Engineer) 95 Associate/Systems Design 75 ' Analyst 70 Programming 60 Research Assistant 55 Data Input 55 Word Processing 0.35 ' Mileage Out of pocket expenses will be at cost. ' Reimbursable Expenses Administrative Service Charge er hour (based on Pri00cipals' billing hours) ' Truckee Donner PUD—Water Rate Review and Update Page 19 Reiter Uwry.Gnsultants DISTRICT ORGANIZATION STUDY Origin of this issue: The strategic plan dealt with two issues that overlap and merge: Management information and organization / management of the District Issue: Management Information System • Need to make information available • Have to interface with the utility software- NISC • GIS is infrastructure data (interface with NISC) • Work flow process: what does process need to be. Action: Find a consultant to advise on how to proceed Issue: Organization and Management • Staff already at max. Difficulty getting beyond fires. But we have trouble getting to the big picture. • Several key managers not too many years from retirement. What about succession plan? • Growth will continue and compound the challenge. • Assistant General Manager has multiple responsibilities. • Human Resources- an organizational challenge • Growth Perspective: 80% increase in customers; 40% in staff .. . f:rit • Need more focus, direction, accountability Action: President appoint a ad hoc committee to develop a new organizational plan to bring to Board Two documents — Phase 1 Report and Phase 2 Report Phase 1 Report Summary District organization — look at a slightly revised structure Accounting — develop job costing system Purchasing and warehousing — some variation on a closed warehouse and use of bar coding GIS — Tie cost information, GIS and job costing system Planning and scheduling system — preventive maintenance system Operations vs. capital construction — plan and account for these separate activities better Inter-department communications — This system needs to be improved Allocation of tasks — use the matrix Phase 2 Report Summary Management Information and Communication Identify information needed by Board and Management Key business indicators Who needs what information by department Get appropriate software Integrate GIS into MIS Call center Financial Management and Planning Coordination with software vendor Job costing/activity program/work order control/development deposits Coordinate work order system with job costing Contract administration Short and long term financial plan Budget reporting formats Establishment of funds Integrate with GIS Tracking/ billing/collection of developer expenses CIP cost estimates and cost control Operations and Organization Departments and reporting structure Management succession Management training Organization and relations guide Staff planning Feasibility of MIS department or section Potential integration with dispatching and call center What next? Authorize fee of $46,870 Conduct Board / Staff Workshop WATER RATE STUDY Origin of this issue: • Commercial water rate schedule is declining block • Rate not reviewed in many years • Need professional advice • Board suggested looking at possible residential rates Reiter Lowry Approach - Budget of $14,975 • System is complex and costly to maintain and operate • 50% part time residents • Identify costs attributable to a particular service • Do a rate and revenue model to demonstrate financial impact • Include amount and timing of CIP — allocate to future users • Design a service charge and rate • Allocate fixed costs to service charge and metered rate • Recognize pumping zones (electricity and maintenance of pump stations) • Promote conservation • Prepare a cash flow model — do we raise necessary cash • Prepare rough draft • Presentation to staff and board • Revise draft • Present final report to board RW Beck Approach - l7ot to exceed fee of $34,500 • Recognize need for conservation incentives • Recognize need for fair cost recovery for permanent and non- permanent customers • Use cost-of-service approach recommended by AWWA • Develop a transition to water meters for all customers • Requires data from District • Initial process review and data collection • Develop revenue requirements for 2005 — 2009 (operations, CIP, debt) • Develop estimate of water system losses • Review water operations — basis for cost-of-service differences • Review seasonal issues, customer data • Review current rates and connections fees • Develop cost-of-service analysis for 2005-2009 • Develop alternative rate schedules — avoid rate shock • Present preliminary and final results • Prepare a final report Approached are similar