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HomeMy WebLinkAboutResolutions - No. 2023-42RESOLUTION NO. 2023-42 A RESOLUTION OF THE LODI CITY COUNCIL SETTING PRE -APPROVED ENGINEERING NEWS RECORD ADJUSTMENT INDEX FOR USAGE -BASED AND FLAT WATER RATES FOR RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL CUSTOMERS WHEREAS, on March 20, 2019, City Council approved a five-year rate plan in accordance with the Proposition 218 rate setting process; and WHEREAS, the approved five-year rate plan allows for a maximum increase of 3 percent, and staff has analyzed the water financial plan and recommends a 3 percent increase; and WHEREAS, the current water rate adjustment reflects a 3 percent increase. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby set pre -approved Engineering News Record adjustment index for usage -based and flat water rates for residential, commercial and industrial customers as outlined on Exhibit A with the effective date of the increase to be March 1, 2023. Dated: February 15, 2023 I hereby certify that Resolution No. 2023-42 was passed and adopted by the City Council of the City of Lodi in a regular meeting held February 15, 2023, by the following vote: AYES: COUNCIL MEMBERS — Bregman, Craig, Khan, Nakanishi, and Mayor Bregman NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None OLIVIA NASHED City Clerk 2023-42 Exhibit A City of Lodi Current and Proposed Flat Water Rates (1) Multi -family includes duplexes, triplexes, fourplexes, apartments, and condominiums. Current (Feb.2022) Proposed Rates (Feb.2022) Rate Increase --> 3.0% FLAT RATES Single Family Residential 1 Bedroom n 32.52 $ 33.50 2 Bedroom $ 39.06 $ 40.23 3 Bedroom S 46.81 $ 48.21 4 Bedroom $ 56.24 $ 57.93 5 Bedroom $ 67.45 $ 69.47 6 Bedroom $ 80.96 $ 83.39 7 Bedroom 97.07 $ 99.98 Multi -Family (1) 1 Bedroom $ 27.92 $ 28.76 2 Bedroom $ 33.49 $ 34.49 3 Bedroom $ 40.19 $ 41.40 Mobile Homes Any Size $ 27.92 $ 28.76 Non -Residential Existing unmetered Varies 3.000% (1) Multi -family includes duplexes, triplexes, fourplexes, apartments, and condominiums. City of Lodi Current and Proposed Usage -Based Water Rates Current Proposed Rates (Feb.2022) (Feb.2023) Rate Increase --> 3.0% USAGE -BASED RATES Monthly Service Charge Single Family Up to 3/4" meter $ 21.65 $ 22.30 1" meter $ 34.01 $ 35.03 1 1/2" meter $ 64.62 $ 66.56 2" meter $ 101.52 $ 104.57 Multi -Family and Non -Residential (1) Up to 3/4" meter $ 21.65 $ 22.30 1" meter $ 34.01 $ 35.03 1 1/2" meter $ 64.62 $ 66.56 2" meter $ 101.52 $ 104.57 3" meter $ 187.66 $ 193.29 4" meter $ 310.68 $ 320.00 6" meter $ 617.97 $ 636.51 8" meter $ 986.87 $ 1,016.48 10" meter $ 1,417.36 $ 1,459.88 Usage Rates ($/CCF) Single Family Tier 1 (0-10 CCF) $ 0.96 $ 0.99 Tier 2 (11-50 CCF) $ 1.28 $ 1.32 Tier 3 (>50 CCF) $ 1.58 $ 1.63 Multi -Family and Non -Residential (1) All water usage $ 1.14 $ 1.17 Notes: (1) Multi -family includes apartments, condominiums, and mobile home parks.