Agenda No. 8.
CITY COUNCIL MEMORANDUM
| City Council Meeting: | June 28, 2022 |
| Department: | Public Works |
| Subject: | Resolution 22-R-65 - Consideration and/or action approving a Resolution by the City Council of the City of Schertz, Texas approving the SSLGC Fiscal Year 2022-2023 Water Rates and other matters in connection therewith. (C. Kelm/S. Wiliams/A.Beard) |
BACKGROUND
In order for the City’s corporate partner, the Schertz/Seguin Local Government Corporation (SSLGC) to provide water at the lowest rate possible, SSLGC utilizes the services of Willdan Financial Services as a rate consultant to evaluate and advance its model annually. This helps to keep rate increases minimal and to keep SSLGC revenue appropriate for current and future operations.
For Fiscal Year 2022-23, the SSLGC Board is recommending and has approved with SSLGC Resolution R22-08 an increase in the water rates of $0.02 per 1,000 gallons.
For Fiscal Year 2022-23, the SSLGC Board is recommending and has approved with SSLGC Resolution R22-08 an increase in the water rates of $0.02 per 1,000 gallons.
GOAL
To have the City of Schertz City Council approve the SSLGC FY2022-23 water rates.
COMMUNITY BENEFIT
The City of Schertz is a member of the Schertz/Seguin Local Government Corporation. It is through the SSLGC that the City provides water to its residents and businesses. Approval of the water rates will ensure that the residents and businesses of Schertz will continue to receive this vital service.
SUMMARY OF RECOMMENDED ACTION
Staff recommends approval of the Resolution adopting the SSLGC FY2022-2023 water rates.
FISCAL IMPACT
Estimated water rate revenue from the City of Schertz for FY2022-2023 is at $3,310,385.
RECOMMENDATION
Staff recommends approval of the SSLGC proposed water rates for FY 2022-23.