11.
City Council Work Session - AMENDED
- Meeting Date:
- 06/27/2017
- From:
- Brad Hill, Utilities Director
- Department:
- Utilities
Co-Submitter:
TITLE:
Discussion on Rate Study for Potable Water.
DESIRED OUTCOME:
None. Discussion purposes only.
EXECUTIVE SUMMARY:
The City of Flagstaff Utilities had Willdan Financial complete a Water, Sewer and Stormwater Rate and Capacity Fee Study in 2016. Subsequently, City Council in April 2016 authorized the increase in rates and capacity fees for water, sewer and stormwater starting in July 2016 with additional increases in January 2017, 2018, 2019 and 2020. In accordance with the City Council adopted Principles of Sound Water Management - Water Policies, Chapter A Finance, Policy A3 Rate Design Elements: a formal rate study shall be performed every (3) years. To remain in compliance with this policy, it is anticipated that staff will bring to City Council proposed funding for a new rate study to start in Fiscal Year 2019.
INFORMATION:
In accordance with the City Council adopted Principles of Sound Water Management - Water Policies, Chapter A Finance, Policy A3 Rate Design Elements: a formal rate study shall be performed every (3) years. To remain in compliance with this policy, it is anticipated that staff will bring to City Council proposed funding for a new rate study to start in Fiscal Year 2019.