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CR 92-230 Proposed Increase Storm Sewer Fees -.., - - ... - ._--, -- - .J 1; Y U ~, <' e November 9, 1992 Council Report #92-230 o i' K \ '" PROPOSED INCREASE TO STORM SEWER FEES Proposed Action. Staff recommends adoption of the following motion: "Adopt Resolution 92-10 1 increasing storm sewer utility rates effective on billings rendered from and after January L 1993," Overview. The initial storm sewer fee was established at $4.75 per REF on October 1, 1989, The original engineering estimated revenue and the 1992 rate increase to $7.50 per REF has not covered the shortfall and ongoing expenses of maintenance, the concrete alley programs, construction, and the debt service. A rate increase to $9.00 per REF is recommended. The residential charge would increase from $2.50/month to $3.00/month. Primary Issues To Consider. 0 Need to restore working capital balance. . Projected construction projects will need future funding. 0 0 This rate increase is the other one-half of the need identified last year. Supportin2 Information. 0 Resolution 92-101. 0 Background. 0 Five year cash flow analysis. 0 MontWy utility bill comparison (1992 vs. 1993) at various levels of usage, JOhn~le:~~ . e Proposed Increase to Storm Sewer Fees Report 92-230 Page 2 Detailed Back2round. At the establishment ofthe storm sewer fund on October 1, 1989, the revenue estimate was significantly over estimated on a REF of $4,75, The increase of the REF to $6.00 in 1991 was adopted as a temporary level to evaluate the needs and revenue producing ability of the fee. In 1991 a thorough review of acreages being billed was conducted, trying to determine if the acreage or rate was not correctly established at inception of the fund. Only minor errors were detected in acreages. While unit and per acre rates increase at the increase percentage of the REF change, the relationship of actual acres and class to the number of residential units cannot be determined using the REF percentage increase on total revenue. A program has been established in lotus to calculate the revenue based on actual acreage and class which is then added to the amount generated using the number of residential units times the new flat 1/3 REF fee. This program produces a much more accurate revenue estimate than has been available in the past. . In addition to future needs, the rate adjustment needs to recover cash deficits of the past. It is projected that the recommended montWy increase of 50 cents per residence for 1992 will not provide a positive cash balance for several years to come. However, the 1992 increase of 50 cents and a 50 cent increase in 1993 will provide a small working capital by 1998. . e Storm Sewer Financial Status Projected profit for 1992 win be insufficient to improve the working capital for this fund, Capital projects will continue to lower the cash balance to a point where the need for a $500,000 temporary loan will be necessary at the end of 1992. Such a loan would cover the First Avenue storm sewer project and some large projects in 1993. In 1994 and beyond, the present CIP plan estimates a return to the normal annual target level of work in conjunction with street and alley reconstruction. If this target is met then the temporary loan can be repaid with a $0.50 per month increase in the REF and resident charge effective Janu ary 1, 1993. The present monthly rates are $2.50, Any help from Nine Mile Watershed District will reduce the temporary loan sooner and affect future rate changes positively, A large share, if not all of the cost, of the $160,000 Thermotech Project is anticipated to be funded by the Watershed District. . . e STORM SEWER FUND - CASH FLOW (000 omitted) 1993 1994 1995 1996 1997 Cash Balance Begin Year 68 145 143 138 86 Add from Operations 568 (1) 408 400 398 390 Rate Increase ($,50 1993) Debt Service: '89 Bonds 250 250 250 250 250 Interfund Loan $500,000 (1992) 25 125 120 115 110 Repayment - Principal & Interest CIP 216 35 35 85 85 Balance 12/31/1997 31 CIP: . 1993 Nine Mile Creek $160 (1) Anticipate full funding from Watershed District Westbrooke Way 21 Maetzold Field 35 1994-1997 $35 each year part of street reconstruction 1996-1997 $50 each year system maintenance . .-- - --. -- ---------- e Proposed 1993 Rate Structure Storm Charge Water REF Rate Drainage *Class Land Uses Rate Per REF Rate/Month 1 Single family & duplex residential 1/3 $9.00 $ 3.00/unit 2 Multiple family residential 3 $9.00 27.00/acre 3 Commercial institutional uses 5 $9.00 45.00/acre 4 Public and private schools 1.25 $9.00 11.25/acre 5 Churches 3 $9.00 27.00/acre 6 Parks 0.25 $9.00 2.25/acre 7 Golf courses 0.25 $9.00 2.25/acre 8 Vacant improved and unimproved 0 $9.00 0 9 Industrial 5 $9.00 45.00/acre *as established by Ordinance code section 720.05 . . . TOTAL MONTHLY UTILITY BILL Comparison of 1992 vs. 1993 at Various Levels of Usage Proposed MontWy Usage 1992 Rates 1993 Rates Incre~ 2,000 28.32 29.22 0.90 4,000 35,02 36.32 1.30 5,000 38.37 39.82 1.45 8,000 48.42 50,52 2.10 10,000 55.12 57.62 2.50 15,000 71.87 75.37 3,50 20,000 88.62 93.12 4.50 . 1992 1993 Rates: Refuse + Tax 19,12 19.12 Water 0.85/1000 gal 1.05 Sanitary Sewer 2.50/1000 gal 2.50 Storm Sewer 2.50 3.00 . - .--- ~ CITY OF HOPKINS Hennepin County, Minnesota e RESOLUTION NO. 92-101 STORM SEWER UTILITY RATE INCREASE WHEREAS, the City of Hopkins has established Ordinance No. 89-640, City Code section 720 - Storm Sewer Drainage Utility effective September 5, 1989; and WHEREAS, the ordinance authorizes storm sewer utility drainage charge rates to be set forth by council resolution; NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Hopkins hereby sets the service charge for the Stann Sewer Utility at the following rates to be paid to the City upon billing therefore as follows: Storm Charge Water REF Rate Drainage *Class Land Uses Rate Per REF Rate/Month 1 Single family & duplex residential 1/3 $9.00 $ 3, OOlunit . 2 Multiple family residential 3 $9.00 27.00/acre 3 Commercial institutional uses 5 $9.00 45.00/acre 4 Public and private schools 1.25 $9.00 11.25/acre 5 Churches 3 $9.00 27.00/acre 6 Parks 025 $9.00 2.25/acre 7 Golf courses 0,25 $9.00 2,25/acre 8 Vacant improved and unimproved 0 $9.00 0 9 Industrial 5 $9.00 45.00/acre *as established by Ordinance code section 720.05 The monthly stann water drainage fee is determined by multiplying the storm water drainage rate by the parcel's acreage for all classes except single family and duplex residential (Class 1). Single family and duplex residential is detennined by the stann water drainage unit rate for each Class 1 parcel regardless of acreage. EFFECTIVE DATE: The provisions of this resolution shall take effect and be in force in connection with all billings rendered hereunder from and after January 1, 1993. Adopted by the City Council of the City of Hopkins this 17th day of November, 1992. e By ATTEST: Nelson W. Berg, Mayor James A. Genellie, City Clerk