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VII.3. Enterprise Fund Budgets and Utility Rate Increases; Bishop CITY OF HOPKINS City Council Report 2025-167 To: Honorable Mayor and Council Members Mike Mornson, City Manager From: Nick Bishop, Finance Director Date: November 18, 2025 Subject: Enterprise Fund Budgets and Utility Rate Increases _____________________________________________________________________ RECMMENDED ACTION MOTION TO Approve Resolution No. 2025-070 Increasing Water, Sanitary Sewer, Refuse Collection, Recycling and Organic Recycling Rates Effective January 1, 2026. OVERVIEW Budgets for all Enterprise Funds have been prepared, including Water, Sanitary Sewer, Storm Sewer, Refuse and Pavilion. Rate increases are proposed for the Water Fund (6.8%), Sewer Fund (6.1%) and Refuse Funds (3.5%). Storm Sewer rates will not change. SUPPORTING INFORMATION • Pavilion Fund Budget Overview • Utility Funds Budget Overview • Rate Increases and Effect on Residential and Commercial Customers • Annual Service Cost for Median Value Home • Resolution No. 2025-070 Increasing Water, Sanitary Sewer, Refuse Collection, Recycling and Organic Recycling Rates Effective January 1, 2025 Finance Department Pavilion Fund The Hopkins Pavilion is a multi-use, year-round arena and community facility. The arena is used for a multitude of activities including ice skating, broomball, soccer, lacrosse, inline skating, rugby, baseball, softball, concerts, company picnics and other community and private events. The main revenue sources are a property tax levy, facility rentals and leases. The main expenses are depreciation, salary, benefits and bond interest. The 2026 budget includes $91,000 for capital projects (replacement of exit doors and a floor scrubber). The budget is projecting a decrease in net position of $225,754, which includes $480,000 of depreciation. The funds cash flow is projected to increase. Proposed 2025 2026 %a ge Budget Budget Incr (Decr) Revenues 931,500$ 948,000$ 1.77% Expenditures 1,212,351$ 1,173,754$ -3.18% Revenues over (under) Expenditures (280,851)$ (225,754)$ Utility Funds The City has four separate utility funds to provide: water, sanitary sewer, storm sewer and refuse collection services. They are classified as enterprise or business-type funds. The main source of revenue for all funds is user charges. The main expenses are salaries, benefits, depreciation, bond costs, municipal wastewater charges and contracted services for recycling and organic pickup. Collectively, the funds are projected to end the year with a cash balance of $7.4 million and a net position (fund balance) of $28.1 million. The sanitary sewer, storm sewer and refuse funds have a positive cash flow projection in 2026. The water fund is projected to slightly decrease cash position in 2026, which can be absorbed within the fund. Water Proposed 2025 2026 %age Budget Budget Incr (Decr) Revenues 3,101,000$ 3,332,000$ 7.45% Expenditures 2,995,096$ 3,133,082$ 4.61% Revenues over (under) Expenditures 105,904$ 198,918$ Sanitary Sewer Proposed 2025 2026 %age Budget Budget Incr (Decr) Revenues 3,835,000$ 4,105,000$ 7.04% Expenditures 3,685,007$ 3,920,608$ 6.39% Revenues over (under) Expenditures 149,993$ 184,392$ Storm Sewer Proposed 2025 2026 %a ge Budget Budget Incr (Decr) Revenues 810,332$ 882,332$ 8.89% Expenditures 776,094$ 933,776$ 20.32% Revenues over (under) Expenditures 34,238$ (51,444)$ Refuse Proposed 2025 2026 %age Budget Budget Incr (Decr) Revenues 1,398,603$ 1,481,991$ 5.96% Expenditures 1,519,451$ 1,546,646$ 1.79% Revenues over (under) Expenditures (120,848)$ (64,655)$ Water & Sanitary Sewer Rates Proposed Water and Sanitary Sewer fund budgets have been prepared for 2025. The Water and Sanitary Sewer budgets being proposed include rate increases of approximately 6.8% and 6.1%, respectively. Rates are based on operational needs, capital needs and debt repayment. The City has a tiered rate structure for water consumption. 2025 2026 Percent Adopted Proposed Increase Flat Rates Per Meter Per Month Residential - 5/8" meter 4.16 4.44 6.73% Residential - 1" meter 4.16 4.44 6.73% Apt/Commercial - 1-1/2" to 2" meter 8.35 8.92 6.83% Apt/Commercial - 3" meter 12.54 13.39 6.78% Apt/Commercial - 4" meter 16.67 17.80 6.78% Apt/Commercial - 6" meter 25.02 26.72 6.79% Consumption Rates, Per 1,000 Gallons Residential and Multi-Family 0 - 3,000 gallons 4.27 4.56 6.79% 3,001 - 5,000 gallons 4.92 5.25 6.71% 5,001 and over 5.64 6.02 6.74% Commercial 0 - 10,000 gallons 4.08 4.36 6.86% 10,001 - 20,000 gallons 4.68 5.00 6.84% 20,001 and over 5.39 5.76 6.86% Irrigation - all usage 5.10 5.45 6.86% Production meter 4.30 4.59 6.74% Sanitary Sewer 8.40 8.91 6.07% Water and Sanitary Sewer Rates The two following charts show the impact of the water and sewer rate increases for different user types. Actual 2025 Proposed 2026 $ Increase % Increase Single Family Residential (Lower User) Water (1,500 Gallons)10.57$ 11.28$ 0.72$ 6.77% Sewer (1,500 Gallons)12.60$ 13.38$ 0.78$ 6.19% Total Monthly Bill 23.17$ 24.66$ 1.50$ 6.45% Single Family Residential (Median User) Water (4,000 Gallons)21.89$ 23.37$ 1.48$ 6.76% Sewer (3,000 Gallons)25.20$ 26.76$ 1.56$ 6.19% Total Monthly Bill 47.09$ 50.13$ 3.04$ 6.46% Single Family Residential (High User) Water (8,800 Gallons)48.24$ 51.50$ 3.25$ 6.75% Sewer (4,800 Gallons)40.32$ 42.82$ 2.50$ 6.19% Total Monthly Bill 88.56$ 94.31$ 5.75$ 6.49% Impact on Low, Median and High Residential User Actual 2025 Proposed 2026 $ Increase % Increase Commercial Property (Low User with a 1" Meter) Water (3,000 Gallons)20.59$ 22.00$ 1.41$ 6.85% Sewer (3,000 Gallons)25.20$ 26.76$ 1.56$ 6.19% Total Monthly Bill 45.79$ 48.76$ 2.97$ 6.49% Commercial Property (High User with a 2" Meter) Water (35,000 Gallons)176.80$ 188.17$ 11.37$ 6.43% Sewer (35,000 Gallons)294.00$ 312.20$ 18.20$ 6.19% Total Monthly Bill 470.80$ 500.37$ 29.57$ 6.28% Impact on Low and High Commercial User Storm Sewer Rates A proposed Storm Sewer fund budget has been prepared for 2026. Residential storm sewer fees are $5.00/month. There is no proposed rate increase. Refuse Rates A proposed Refuse fund budget has been prepared for 2026. Refuse increases of approximately 3.5% are being proposed for operational needs. The City has a five-year contract with an outside service provider to provide recycling and organic recycling. Rates increases of approximately 3.5% are being proposed based the contract. 2025 2026 Percent Current Proposed Increase Refuse Collection 35 Gallon - Every Other Week 15.21 15.74 3.48% 35 Gallon 20.70 21.42 3.48% 65 Gallon 25.09 25.97 3.51% 95 Gallon 28.85 29.86 3.50% Recycling 5.84 6.04 3.42% Organic Recycling 6.10 6.31 3.44% Refuse, Recycling and Organic Recycling Rates Annual Service Cost for Median Value Home Based on the preliminary tax levy passed, franchise fee ordinances and the utility rates proposed in this memo the annual service cost for a median value home is projected to increase by $313.09 or $26.09 per month. The median value home was $378,800 in 2025 and $376,200 in 2026. Actual Projected 2025 2026 $ Increase % Increase City Property Taxes (7.98% Levy Increase)2,260.00$ 2,490.00$ 230.00$ 10.18% Water - Consumption 7,500 gallons per month $4.27/$4.92/$5.64 Tiered Rates 490.92$ $4.56/$5.25/$6.02 Tiered Rates 524.04$ Sewer - Consumption 5,000 gallons per month $8.40/ 1,000 gallons 504.00$ $8.92/ 1,000 gallons 535.20$ Refuse Collection Garbage, 65 Gallon 301.08$ 311.64$ 10.56$ 3.51% Recycling 70.08$ 72.48$ 2.40$ 3.42% Organic Recycling 73.20$ 75.72$ 2.52$ 3.44% Storm Sewer 60.00$ 60.00$ -$ 0.00% Franchise Fees (based on average)91.32$ 94.61$ 3.29$ 3.60% Total 3,850.60$ 4,163.69$ 313.09$ 8.13% Based on preliminary levy adopted on 9/16/2025, proposed utility rates and projected franchise fees implemented on 1/1/2024. 33.12$ 31.20$ City of Hopkins Annual Service Cost for Median Value Home Actual 2025 and Proposed 2026 6.75% 6.19% CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2025-070 INCREASING WATER, SANITARY SEWER, REFUSE COLLECTION, RECYCLING AND ORGANIC RECYCLING RATES EFFECTIVE JANUARY 1, 2026 WHEREAS, the City of Hopkins has established Ordinance No. 92-712 Sewer and Water Utility rates, City Code section 40-22 which defines water rates and section 40-24 which defines sanitary sewer rates; and WHEREAS, The City of Hopkins has established Ordinance No. 92-707 Solid Waste Management and City Code section 34-28 which defines billing rates; and WHEREAS, the ordinances authorize billing rates to be set forth by council resolution; and WHEREAS, billing rates were analyzed to determine the long-term viability of the water, sewer and refuse funds; and WHEREAS, it was determined that current rates are insufficient to meet operation and capital needs; NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Hopkins hereby sets the service charge for the water, sanitary sewer, refuse, recycling and organic recycling at the following rates to be paid to the City upon billing as follows: The water service usage charge be set at the rates shown Flat Rates Residential – 5/8” meter 4.44 Residential – 1” meter 4.44 Apt/Commercial – 1-1/2” to 2” meter 8.92 Apt/Commercial – 3” meter 13.39 Apt/Commercial – 4” meter 17.80 Apt/Commercial – 6” meter 26.72 Residential and Multi-Family 0 – 3,000 gallons 4.56 3,001 – 5,000 gallons 5.25 5,001 and over 6.02 Commercial 0-10,000 gallons 4.36 10,001 – 20,000 gallons 5.00 20,001 and over 5.76 Irrigation – all usage 5.45 Production Meter 4.59 All water rates are per 1,000 gallons of water consumed. The sanitary sewer service charge for all classes of users on the system at $8.91 per 1,000 gallons of water used. Refuse Collection (per month) 35 Gallon – Every Other Week $15.74 35 Gallon $21.42 65 Gallon $25.97 95 Gallon $29.86 Recycling (per month) $6.04 Organic (per month) $6.31 Adopted by the City Council of the City of Hopkins this 18th day of November, 2025. By:___________________________ Patrick Hanlon, Mayor ATTEST: _______________________________ Amy Domeier, City Clerk