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HomeMy WebLinkAboutAgenda Report - July 20, 2005 K-02 PHAGENDA ITEM VW*L J& CITY OF LODI COUNCIL COMMUNICATION TM AGENDA TITLE: Establish Proposed Rates and Set Public Hearing on September 21, 2005, to Hear Protests on Resolution Adopting Water Rate Increase MEETING DATE: July 20, 2005 PREPARED BY: Public Works Director RECOMMENDED ACTION: That the City Council establish proposed rates and set a public hearing on September 21, 2005, to hear protests on a resolution adopting a water rate increase. BACKGROUND INFORMATION: For many years now, the City has been coping with the legal and technical issues surrounding PCE and TCE contamination in the Central City area. The net cost for these activities has been borne by the water fund until FY 04105 in which approximately half was also advanced from the wastewater fund. This includes use of some of the funds collected for the purpose of infrastructure replacement. While the total and final cost of remediation is not precisely known, it has been reasonably estimated. The City must raise water rates in order to maintain the cash flow of the utility. Not doing so will place the General Fund at risk, thus jeopardizing public safety and other services provided by the General Fund. The City recently retained the services of Bartle Wells Associates to analyze the water and wastewater funds and make recommendations regarding rates. The results of their work will be presented at the Shirtsleeve Session on Tuesday, July 19, 2005. However, one early conclusion they reached was that the rate increase should be applied to the water utility only. In reviewing the wastewater fund and examining existing bond covenants, they felt that including the wastewater fund in this program would result in rate increases higher than necessary for the PCEITCE program in order to maintain coverage requirements, and it would complicate future financings in the wastewater utility, which will be necessary for improvements at the White Slough Water Pollution Control Facility. Based on past Council actions and discussion and meetings between staff and Bartle Wells, the rate analysis is being done with the following assumptions and direction: The net amount of money for the PCEITCE program (total costs minus third party recoveries) is $45.7 million. This is an "all -in" cost that includes capital, operating, legal and regulatory oversight expenses for an estimated 30 -year remediation time frame and also includes "repayment" of approximately $12.2 million in past expenses advanced by the water and wastewater funds through FY 04105. While the majority of these costs are directly for remediation efforts, a significant portion is related to settlement of claims which are considered confidential because revealing the amounts the City has set aside to settle remaining claims would compromise our ability to settle them; thus, a breakdown is not being provided. • The above net cost is spread over 30 years based on anticipated cash flow requirements with the "repayment" starting in three years and spread over fifteen years. Given capital requirements for the remediation systems, the cash flow is heavily front -loaded. APPROVED: ' J:IUTILITY RATESIW WWICSetPH Rateincrease2oO5.doc Blair Kin Manager 7113/2005 Establish Proposed Rates and Set Public Hearing on September 21, 2005 to Hear Protests on Resolution Adopting Water Rate Increase July 20, 2005 Page 2 • The water utility's General Fund contribution will be maintained at current levels; i.e., the rate increase will be revenue neutral to the General Fund. • The analysis includes estimates of general operating cost increases and restoration of the infrastructure replacement program at previously contemplated levels. In addition, an allowance has been made for the cost of retrofitting water meters as required by State law. Provisions for minor annual increases based on the Consumer Price Index (as was recently done for the Water Utility) will significantly help maintain this level of service. • The analysis to be presented will include alternative approaches to funding the PCEITCE issue. One approach involves stepped increases with supplemental outside financing. While this will reduce the initial rate increases, financing costs over the long term will mean the increases will need to be in place longer. Another approach is to have a relatively higher initial increase to avoid financing and allow for rate reductions once the capital and other early costs are paid. • The public will be notified under a Proposition 218 notice; property owners by direct mail and utility customers with a notice in the bill. This process provides for a majority protest by property owners in accordance with the State Constitution. The notice will include provisions for future increases based on the Consumer Price Index. Bartle Wells will be at the Shirtsleeve Session, as well as at the Council meeting on July 20, to present the results of their analysis and make recommendations for Council consideration. Note that with the extended public notice time frame, staff and Bartle Wells will have time to evaluate and respond to public and Council questions. FISCAL. IMPACT: To be determined. FUNDING AVAILABLE: Not applicable. Richard C. Prima, Jr. Public Works Director RCPlpmf J:WTILITY RATrSkW WW\CSetPH Ratelncrease2005.doc 7!13!2005 Item K-2 ?� t m .BL .. aa..fl oe � ppp �' Proposition 218 Notification NOTICE TO PROPERTY OWNERS OF PUBLIC HEARING ON PROPOSED WATER RATE INCREASE Hearing Date & Time: Wednesday September 21, 2005 at 7:00 p.m. or as soon thereafter as the matter may be heard Hearing Location: City of Lodi Council Chambers, at the Carnegie Forum 305 West Pine Street, Lodi, CA 95240 Why a Water Xate Increase is Needed The groundwater supply for the City of Lodi has been contaminated by PCE/TCE, two chemical solvents determined by federal and state health and environmental agencies to be hazardous to public health. In response to the presence of these pollutants, the City began identifying the source of contamination and also began action to remove PCE/TCE from its groundwater supply. Additionally, the City took legal action against potentially responsible parties and began efforts to comply with the regulatory requirements of the state agencies with jurisdiction over the presence and remediation of PCE/TCE in the groundwater supply. The City and its technical consultants estimate the net cost of remediation to be $45.7 million. Included are capital, operations and maintenance, administrative and legal costs. From the finding of PCE/TCE in the groundwater supply to the present, the City incurred over $12 million of remediation, Iegal and regulatory expenses. These expenses were paid from City Utility funds that must now be repaid and are included in the above total. He._.. art Proposition 218 requires that the City provide a notice of the proposed rate schedule to all property owners forty-five (45) days prior to holding a public hearing. In order for the increase to "not take effect", a majority of the property owners (not renters) are required to file opposition to the increase. Property owners may file a written and signed protest against the proposed increases with the City Clerk at or before the close of the public hearing. A protest must contain a description of the property owned sufficient to identify the property. (The address or assessor's parcel number shown on this mailing is sufficient.) If you own more than one parcel, you may file a single protest but it must identify each parcel you own. If the name on the written protest is not shown on the last equalized assessment roll of San Joaquin County as the owner of the property, the signer of the protest must also submit written evidence of ownership. At the hearing, Council shall hear all protests and tabulate the ballots. The ballots in this case are written protests against the increases. The City Council will hold a public hearing on the proposed increases on Wednesday, September 21, 2005, at 7:00 p.m. or as soon thereafter as the matter may be heard, in the City Council Chambers at the Carnegie Forum, 305 West Pine Street, Lodi, California. Written protests may be mailed to: City of Lodi Attn: City Clerk P.O. Box 3006 Lodi, CA 95241-1910 Written protests may also be delivered in person to the City Clerk, 221 West Pine Street, Lodi, California, or at the public hearing. Basis of Pro ed Water Rate increase An independent financial firm developed a water rate that will fairly and equitably recover the projected cost of remediation and the payments due to other City funds for expenses incurred prior to the settlement. The increase is based on and was calculated using the projected cost of the remediation and the repayment of expenses incurred. Impact of Proposed PCE/TCE Remediation Rate Increase The proposed increases would be implemented in three phases beginning January 1, 2006. The proposed increases would initially add $3.50 to the monthly water bill of a 3 -bedroom home, (the largest customer group in Lodi) beginning January 1, 2006. Two subsequent increases in July 1, 2007 and July 1, 2008 would each add an additional $3.50 to the monthly bill. The rate for other customer groups is proportionate to the ratios established in the City's existing rate structure. Proposed rates for each customer category are detailed in the Water Rates Table attached. Water rates could also be adjusted each July 1 by the change in the Consumer Price Index as previously approved by Council action. Dated: Susan Blackston CITY CLERK, City of Lodi If you have questions or comments about the proposed water rate increases, you may: Address the Council: Attend the Public Hearing on September 21, 2005 Telephone Public Works: 209-333-6706 Email: pwdepA WodLgov Write the City Clerk: P.O. Box 3006, Lodi, CA 95241-1910 To file a protest, please see the instructions above in this notice. M Notice Rate Table City of Lodi Water Utility Proposed Water Rates Fiscal Years 2005/06 - 2007108 (1) Rates effective each July 1 *11 be adjusted for changes in the Consumer Price Index (2) plus 20% for each additional bedroom (3) Monthly total for metered commercial customers depends on amount of water used (4) Estabffished City Utility Discounts apply to above rates 7/20/2005 Current Rates Rates Effective Rates Effective (1) Rates Effective (1) Effective 5/1/2005 1/1/2006 7/1/2006 7/1/2007 Single -Family PCE/ Monthly PCEI Monthly PCEI Monthly PCE! Monthly Residential Base Infr. TCE Total Base Infr. TCE Total Base Infr. TCE Total Base Infr. TCE Total 1 BR - House 13.67 4.97 0.00 18.64 13.67 4.97 2.43 21.07 13.67 4.97 4.86 23.50 13.67 4.97 7.29 25.93 2 BR - House 16.41 5.97 0.00 22.38 16.41 5.97 2.92 25.30 16.41 5.97 5.84 28.22 16.41 5.97 8.76 31.14 3 BR - House 19.68 7.15 0.00 26.83 19.68 7.15 3.50 30.33 19.68 7.15 7.00 33.83 19.68 7.15 10.50 37.33 4 BR - House 23.64 8.60 0.00 32.24 23.64 8.60 4.20 36.44 23.64 8.60 8.41 40.65 23.64 8.60 12.61 44.85 5 BR - House 28.36 10.32 0.00 38.68 28,36 10.32 5.04 43.72 28,36 10.32 10.09 48.77 28.36 10.32 15.13 53.81 6 BR - House 34.03 12.38 0.00 46.41 34.03 12.38 6.05 52.46 34.03 12.38 12.10 58.51 34.03 12.38 18.16 64.57 7 BR - House 40.82 14.85 0.00 55.67 40.82 14.85 7.26 62.93 40.82 14,85 14.52 70.19 40.82 14.85 21.78 77.45 Multi -Family Residential 1 BR -APT 11.73 4.27 0.00 16.00 11.73 4.27 2.09 18.09 11.73 4.27 4,17 20.17 11.73 4.27 6.26 22.26 2 BR - APT 14.07 5.12 0.00 19.19 14.07 5.12 2.50 21.69 14.07 5.12 5.00 24.19 14.07 5.12 7.51 26.70 3 BR - APT 16.88 6.14 0.00 23.02 16.88 6.14 3.00 26.02 16.88 6.14 6.00 29.02 16.88 6.14 9.01 32.03 4 BR - APT 2 2016 7.38 0.00 27.54 20.26 7.38 3.60 31.24 20.26 7.38 7.21 34.85 20.26 7.38 10.81 38.45 Flat - Rate Commercial Customers - Varies Flat rates increase 13.05% 01/01/06 Flat rates increase 11.545% 07/01/07 Flat rates increase 10.35% 07/01/07 Metered Base Infr. PCEI Base Infr. PCE/ Base Infr. PCEI Base Infr. PCF) Commercial (3) Base $/ccf $/ccf TCE Base $/ccf $/ccf TCE Base $/ccf $2cf TCE Base $/ccf $/ccf TCE Comm. -75" 15.77 0.490 0.233 0.00 15,77 0.490 0.233 3.50 15.77 0.490 0.233 7.00 15.77 0.490 0.233 10.50 Comm. 1" 23.65 0.490 0.233 0.00 23.65 0.490 0.233 5.25 23.65 0,490 0.233 10.51 23.65 0.490 0.233 15.76 Comm. 1.5" 31.53 0.490 0.233 0.00 31.53 0.490 0.233 7.00 31.53 0.490 0.233 14.00 31.53 0.490 0.233 21.01 Comm. 2" 39,43 0.490 0,233 0.00 39.43 0.490 0.233 8.76 39.43 0.490 0.233 17.51 39.43 0.490 0.233 26.27 Comm. 3" 55.19 0.490 0.233 0.00 55.19 0.490 0.233 12.26 55.19 0.490 0.233 24.51 55.19 0.490 0.233 36.77 Comm. 4" 70.96 0.490 0.233 0.00 70.96 0.490 0.233 15.78 70.96 0.490 0.233 31.52 70.96 0,490 0.233 47.28 Comm. 6" 102.60 0.490 0.233 0.00 102.60 0.490 0.233 22.77 102.60 0.490 0.233 45.53 102.60 0.490 0.233 68.30 Comm. 8" 134.06 0.490 0.233 0.00 134.06 0.490 0.233 29.75 134,06 0.490 0.233 59.50 134.06 0.490 0,233 89.25 Comm. 10" 165.60 0.490 0.233 0.00 165.60 0.490 0.233 36.75 165.60 0.490 0.233 73.50 165.60 0.490 0,233 110.25 (1) Rates effective each July 1 *11 be adjusted for changes in the Consumer Price Index (2) plus 20% for each additional bedroom (3) Monthly total for metered commercial customers depends on amount of water used (4) Estabffished City Utility Discounts apply to above rates 7/20/2005