HomeMy WebLinkAbout7 and 13, Public Hearing Water Rates and Ordinance
Public Hearing #7 and January 15, 2014 to Adopt Water RatesConsideration of an Ordinance Public Hearing and Action Item # 13
Background / History New Water RatesWater Rate Study and 2 majority of rate payers protest, then rates are rejectedIf –hearing Public –payersNotice must be mailed to all rate –must be
based on actual cost of serviceRates –changeswater utility rate Includes –to Vote for Taxes Act”Prop 218 “1997 Right –September 18•3% annual water rate increase anticipated for FY14
and FY15–Budget assumptions –September 4•Board hired HDR to update 2009 water rate study–August 21, 2013•
Background / History New Water RatesWater Rate Study and 3 Selected 3% rate increase across fixed and variable charges–Board accepted HDR water rate study–November 6•year Financial Master
Plan-Ten–FY14 and FY15 Budget Summary–October 16•Water operational and capital budget discussed–October 2•
Background / History New Water RatesWater Rate Study and 4 Legal notice of public hearing printed in local newspaper–January 1 and 8, 2014•Monthly $5 water meter surcharge ended–December
31•ownersMailed notices of public hearing to customers and property –November 26•
Background / History New Water Rates 5 Compounded inflation since 2009 is almost 11%–FY12 & FY13 was declinedRecommended water rate increase for –Water rates have not increased since
January 2011•
New Information New Water RatesWater Rate Study and 6 In FY15 for bills printed after January 1, 2015–In FY14 for bills printed after March 15, 2014–Water rates will become effective•Six
protests received•
Fiscal Impact New Water RatesWater Rate Study and 7 term goals-and longterm -revenue annually by 3% to achieve the District's shortAdopting an ordinance to raise the water rates will
increase •
Recommendation New Water RatesWater Rate Study and 8 01-Adopt the proposed water rate Ordinance 2014•Conduct a public hearing•