Presentation followed by discussion on any and all matters regarding water, wastewater and solid waste rate analysis and long-term financial planning.  (Edgar Esparza, Billing and Collections Manager and Dan Jackson, Vice President of Willdan Financial Services)

It is a normal practice for cities and towns to review their rates every five (5) years and make any rate adjustments needed to maintain and improve infrastructure and operations needed to provide quality service to the residents of the city.  As result, cities contract economists who are experts in conducting rate studies in which they analyze the future needs of the city and any shortfalls in funding from the past.

Back in 2012, the city contracted a consultant service to conduct a utility rate study.  Based on the results of the study, the city adopted, in 2013, a five-year utility rate increase plan that was intended to help the water, wastewater and solid waste enterprise funds become self-sustainable. Also, the adoption of the rate increase helped the enterprise fund to invest in new infrastructure to improve the quality of the services provided to the residents.  With the five-year utility rate increase plan adopted in 2013, our last rate increase was done on July 1^st, 2017.

This year the city engaged Wildan Financial Services to do a utility rate study.  Mr. Dan Jackson of Willdan Financial Services will be presenting to the Mayor and Council the findings and recommendations of the utility rate study.