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File #: 19-0227    Version: 1
Status: Current Business
File created: 6/20/2019 In control: Finance Committee
On agenda: 6/27/2019 Final action:
Title: 2019 WATER RATE STUDY
Attachments: 1. STAFF REPORT, 2. ATTACHMENT A, 3. ATTACHMENT B, 4. ATTACHMENT C

Title

2019 WATER RATE STUDY

Recommendation

Summary:

The Utilities Department retained the consulting services of Raftelis Financial Consultants Inc. to prepare the 2019 Water Rate Study.  The previous water rate study was completed in 2009 and the last rate increase for water users was in 2014.  The purpose of this presentation is to review the preliminary results of the draft water rate study, receive input, and seek the Committee’s direction to move the item to City Council for discussion and approval.

Recommended Action:

    a.  Review the water enterprise fund financial analysis and 2019 Draft Water Rate

         Study information and provide input to staff;

    b.  Forward the item to City Council for discussion and consideration.