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CR 05-150 Approve Sanitary & Storm Sewer Rate Adjustment November 10, 2005 Council Report 2005-150 APPROVE SANITARY AJ'ID STORM SEWER RATE ADJUSTMENTS ProDosed Action Staff recommends adoption oUhe following: Move to aDDrove Resolution No. 2005-110 increasing the sanitary sewer rate bv $.25 Der 1,000 gallons of metered water usage and Resolution No. 2005-111 increasing the storm sewer utility rate bv $1.50 Der residential equivalencv factor effective on billings rendered from and after January 1. 2006. Adoption of this motion will result in increasing the sanitary sewer rates from $2.25 to $2.50 per 1,000 gallons of water used and increase the storm sewer from $12.00 to $13.50 per residency equivalent factor (REF). The storm sewer utility charge is a flat monthly charge. Overview Sanitary Sewer - The current rate for sanitary sewer is $2.25 per 1,000 gallons of water used and has been in place since 1999. The last rate adjustment was a DECREASE of$0.25. The proposed 2006 rate adjustment of$0.25 to $2.50 per 1,000 gallons of water used will restore the sanitary sewer rates to 1998 levels. Following a review of the sanitary sewer fund, the projected expenditures and capital needs it has been detennined that a rate adjustment is necessary to maintain the current level of service and provide for scheduled capital needs. While rates have remained stable over the past six years, operating costs have increased 29% and revenues have decreased by 18% primarily due to the loss of large commercial customers. In the next five years the sewer fund will incur costs of approximately $752,000 as we continue to maintain our sewer system. The increase in sewer revenue will be used to pay for operations and future improvements to the sewer system. Storm Sewer Utility - The current rate for storm sewer utility is $4.00 per residential equivalency factor (REF) per month, the proposed rate would be $4.50 per REF or $13.50 per acre per month. The last rate increase was $0.60 per residential REF in 1999. Following a review of the storm sewer fund, the projected expenditures and capital needs it has been detennined that a rate adjustment is necessary to maintain the current level of service and provide for scheduled capital needs. Over the last six years expenditures have increased 34% and revenues have increased 9%. In addition to providing for operations we need to plan for future capital improvements scheduled for the next five years that will total over $1.5 million dollars. Improvements currently scheduled include storm drainage system maintenance at Nine Mile Creek, storm water management projects at Shady Oak Pond, upgrade of sanitary sewer lift station #1 and the 5th Street South culvert replacement. Primarv Issues to Consider How will these rates affect the residents and businesses of Hopkins? What were the last rate changes? Staff Recommendation Finance recommends increasing the sanitary sewer rates by $0,25 to $2.50 per 1,000 gallons of water used and increasing the storm sewer utility rate by $1.50 per REF or by $0.50 per single-family residential unit. Both rate increases are needed for sufficient operating capital and to provide for future planned system improvements. SUDDortin!?: Information . Resolution No. 2005-110 . Resolution No. 2005-111 . Financial analysis of sewer and storm sewer funds ~~?- Christine M. Harkess, CPA, CGFM Finance Director CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2005-110 SANITARY SEWER UTILITY RATE INCREASE WHEREAS, the City of Hopkins has established Ordinance No. 92-712, City Code section 715 - Sewer and Water Utility rates effective 1993; and WHEREAS, the ordinance authorizes sanitary sewer utility drainage charge rates to be set forth by council resolution; NOW, THEREFORE, be it hereby resolved that the City Council of the City of Hopkins hereby sets the service charge for the Sanitary Sewer Utility at the following rates to be paid to the City upon billing therefore as follows: The sanitary sewer service charge for all classes of users on the system at $2,50 per 1,000 gallons of water used. The provisions ofthis resolution shall take effect and be in force in connection with all billings rendered hereunder from and after January 1, 2006. Adopted by the City Council of the City of Hopkins this 15th day of November, 2005. Eugene J, Maxwell, Mayor ATTEST: Terry Obermaier, City Clerk CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2005-111 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 hereby resolved that the City Council of the City of Hopkins hereby sets the service charge for the Storm 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 $13,50 $ 4.50/unit 2 Multiple family residential 3 $13.50 $ 40.50/acre 3 Commercial institutional uses 5 $13.50 $ 81.00/acre 4 Public and private schools 1.25 $13,50 $ 16,88/acre 5 Churches 3 $13,50 $ 40,50/acre 6 Parks 0.25 $13.50 $ 3.38/acre 7 Golf courses 0.25 $13.50 $ 3,38/acre 8 Vacant improved and unimproved 0 $13.50 0 9 Industrial 5 $13 .50 $ 81.00/acre *as established by Ordinance code section 720.05 The monthly storm 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 determined by the storm water drainage unit rate for each Class I parcel regardless of acreage, EFFECTIVE DATE: The provisions of this resolution shall take effect and be III force in connection with all billings rendered hereunder from and after January 1,2006. Adopted by the City Council of the City of Hopkins, Minnesota, this 15th day of November 2005, Eugene J, Maxwell, Mayor ATTEST: Terry Obermaier, City Clerk SEWER FUND - WORKING CAPITAL PROJECTION 2003 2004 2005 2006 2007 2008 2009 2010 749,588 1,064,939 654,635 464,882 107,662 (490,441 ) 174,498 (241,170) 1,324,254 1,253,771 1,250,700 1,350,700 1,350,700 1,450,700 ,450,700 1,450,700 0 0 19,000 0 0 0 0 0 26,559 26,228 24,500 20,920 4,845 (22,070) 7,852 (10,853) 400,000 0 0 0 0 0 0 0 1,000,000 0 0 1,750,813 1,279,999 1,294,200 1,371,620 1,355,545 2,428,630 ,458,552 1,439,847 1,366,115 1,314,143 1,348,953 1,553,840 1,577,148 1,608,691 ,632,821 1,649,149 30,000 28,500 0 0 0 10,000 50,000 51,500 10,000 36,400 10,000 68,510 327,497 75,000 75,000 275,000 95,000 75,000 75,000 50,000 50,000 0 50,000 50,000 50,000 50,000 50,000 50,000 50,000 1,434,625 1,691,640 1,483,953 1,728,840 1,953,648 1,763,691 .874,221 1,862,649 316,188 (411,641) (189,753) (357,220) (598,103) 664,940 (415,(,68) (422,802) (837) 1,337 1,064,939 654,635 464,882 107,662 (490,441) 174,498 (241,170) (663,972) Balance 12/31/2010 $ (663,972) Notes - Bonds sold in 2008 with a 10 year payback at 3% average interest Payment ~ 50/50/75/75/100/100/125/125/150/150 2002 9,530 ,334,592 3,423 35,007 o o ,373,022 ,3 2001 ,098,596 60,090 o o ,408,799 o Beginning Year Operating Revenues Othcr Interest Transfer In Bond Issuance Total Working Capital ,275,767 566,108 500 00,908 o ,943,283 ,468,889 o 22,256 ,225,777 Sources Operation Expense Other Expense (interest on bonds) Transfer Out Capital Outlay Capital Improvements Principal Bond payment Capital Lease (PW Facility) Total Uses (570,26 319 ,248,033 220,856 78 Change in available funds Inventory change 749,588 1,319,530 Working Capital Ending Year 989 $1.75 991 $2.00 993 $2.50 999 $2.25 Rate DECREASE 2006 $2.50 rate increase 2008 $2,75 rate increase 2011 $3.00 rate increase Rate Historv 1983 $1.50 STORM IER FUND - WORKING CAPITAL PROJECTION 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 ,017,485 860,900 5,000 45,787 98,544 860,900 5,000 53,934 289,953 760,900 5,000 3,048 754,537 760,900 5,000 33,954 o 718,736 760,900 5,000 32,343 935,339 660,900 5,400 22,000 ,062,480 674,553 43,137 24,140 (145,471) 628,971 37,553 23,844 o ,608,070 690,075 8,777 300,160 676,492 o 47,333 o Beginning Year Operating Revenues Other Interes Working Capital ,000,000 ,778,948 ,265,000 ,955,368 9,334) o o 689,518 ,610,000 Transfer In Bond Issuance Total Sources ,687 28,116 77,319 9 28,500 o o 00,000 919,834 24,992 91,901 30,000 o o 414,000 22,54 105,816 799,854 120,138 118,900 798,243 7,782 30,660 688,300 15,473 34,430 741,830 10,094 41,647 30,682 3.178 05,523 41,379 2,333,825 18,498 88,844 o o 252,000 o 8,400 642,000 o o 59,000 o o 305,000 o o 262,230 o 253,557 o o o o 105,000 225,000 55,000 50,000 25,000 793,935 100,0( 215,00( 100,000 215,000 50,000 95,000 205,000 50,000 90,000 195,000 45,000 85,000 95,000 45,000 80,000 90,000 60,000 80,000 70,000 329,205 ,765,000 75,000 o 50,000 50,000 25,000 00,893 25,000 870,357 25,000 ,264,438 25,000 762,442 25,000 904,903 25,000 868,97 o 747,417 26,952 2,443,059 Operation Expense Other Expense (interest on bonds) Other Expense (int on 2008 bonds) Transfer Out Capital Outlay Capital Improvements 1989 Principal Bond payment 1999 Principal Bond payment 2001 Principal Bond payment 2003 Principal Bond payment 2008 Principal Bond payment Lease Total 488,573 60,000 70,000 o Capital 1, ,025,915 Uses 117,75 81,058) 908,59 (464,584) 35,80 (216,603) (127,141) ,207,95 ,753,541) ,307,910 Change in available funds 1,135,237 1,017,485 1,198,544 289,953 754,537 718,736 935,339 1,062,480 (145,471) 1,608,070 Working Capital Ending Year 1,135,237 $ Balance 12/3112010 Notes - 2005 includes $200,000 to Hennepin Co, $105,000 for projects Rate increase is calcuated into 2006 and 2009 revenues Rate Histof' er month 1989 $4.75 per quarter 1991 $6.00 per quarter 1992 $2.50 1993 $3.00 1998 $3.20 1999 $4.00 2006 $4,50 2009 $5,00 ANALYSIS OF NET INCOME Budget 2006 - ,437,500 Estimated 2005 ,294,200 2004 ,279,999 2003 ,350,813 2002 ,369,599 2001 ,468,890 2000 ,527,468 1999 ,490,368 1998 ,584,436 1997 ,621,549 SEWER Total Operating Reveunes ,574,313 ,348,953 ,314,143 115 ,366 ,275,757 ,225,776 138,321 .206,811 ,242,526 1,249,930 Total Operating Expenditures (136,813) 96,414 (54,753) 196,414 (34,144) 446,057 (15,302) 93,628 93,842 312,178 243,114 46,414 389,147 96,885 283,557 74,093 341,910 663,015 371,619 112,520 Operating Income (Loss) Non-Operating Expenses Depreciation, transfers (333,227) 42,000 75,000 (251,167) 50,000 575,000 (480,201 (108,930) 68,510 (218,336) 500 100,408 96,700 5,583 16,673 292,262 167,131 599,293 109,464 5,976 10,565) (321,105) 626,742 259,099 45,266 279,645 (Loss) Capital Outlay Construction Expenses Net Income Memo Memo Budget 2006 697,500 Estimated 2005 688,300 2004 741,831 2003 690,367 2002 689,518 2001 723,825 2000 701,757 1999 681,323 1998 567,046 1997 469,938 STORM SEWER Total Operating Reveunes 74,184 115,475 110,093 96,967 04,821 118,497 23,082 82,193 110,294 88,715 Total Operating Expenditures 523,316 308870 572,825 319430 631,738 320950 593,400 312315 584,697 313130 605,328 363795 578,675 348282 599,130 600,000 286622 456,752 350256 381 ,223 265061 Operating Income (Loss) Non-Operating Revenue (transfer In) Non-Operating Expenses Depreciation, transfers 214,446 9,000 59,000 253,395 310,788 281,085 253,557 567 138,388 271 241,533 2,046 486,795 230,393 218 785,890 912,508 0,612 535,453 106,496 103,225 116,162 148,266 Net Income (Loss) Capital Outlay Construction Expenses Memo Memo CITY OF HOPKINS, MN ANALYSIS OF PROPOSED SEWER RATE INCREASE 1999 rate compared to 2006 proposed rate, at Various Levels of Consumption Consumption Monthly in gallons 1999 rate 2006 rate Increase 1,500 $ 3.38 $ 3.75 $ 0.38 2,000 $ 4.50 $ 5.00 $ 0.50 2,500 $ 5.63 $ 6.25 $ 0.63 3,000 $ 6,75 $ 7.50 $ 0.75 3,500 $ 7.88 $ 8.75 $ 0.88 4,000 $ 9.00 $ 10.00 $ 1.00 5,000 $ 11.25 $ 12.50 $ 1.25 6,000 $ 13.50 $ 15.00 $ 1.50 7,500 $ 16.88 $ 18.75 $ 1.88 8,500 $ 19.13 $ 21.25 $ 2.13 10,000 $ 22.50 $ 25.00 $ 2.50 12,000 $ 27.00 $ 30.00 $ 3.00 15,000 $ 33.75 $ 37.50 $ 3.75