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CR2012-144 Proposed Water Utility, Sanitary Sewer Utility and Refuse Rate INcreasesi:aDecember 18, 2012 Council Report 2012-144 City of Hopkins PROPOSED WATER UTILITY, SANITARY SEWER UTILITY AND REFUSE RATE INCREASES Proposed Action Staff recommends adoption of the following resolution: Move to adopt Resolution No. 2012-093 increasing water, sanitary sewer and refuse rates effective January 1, 2013. Adoption of this motion will result in increasing the water rate from $1.96 to $2.02, the sanitary sewer rate from $3.75 to $3.90 per 1,000 gallons of water used, and the refuse rates to $16.85 for a 30 -gallon container (no change), $20.85 for a 60 -gallon container, and $24.30 for a 90 -gallon container per month effective January 1, 2013 and thereafter. Overview Water and Sewer Funds — In 2007 staff prepared a Utility Master Plan which sets forth operational, debt and capital requirements of the water, sanitary sewer and storm sewer systems for the next 10 years. This plan was reviewed and updated in 2009 and 2011. As a result of that plan we presented a schedule for rate adjustments over that same period of time that will allow us to meet the needs of the utility system while maintaining our utility infrastructure. These proposed rate increases are a result of the prior adoption of the Utility Master Plan. Refuse Fund — The present refuse rates provide for the disposal operations of the Refuse Department as well as the bulk pick-up, yard waste pick up brush pick up programs. We have a fleet of two refuse and one yard waste truck which are on a scheduled replacement plan. Maintaining competitive rates allows us to replace our fleet as they age and allows for a cost effective operation. Primary Issues to Consider • How will the increased rates affect the residents and businesses in the City of Hopkins? • Why is the rate increase recommended? • What are the proposed capital improvement projects? Staff Recommendation To provide funding for the operation, debt and capital needs of the water, sewer and refuse funds, finance recommends approval of the resolution. The change in rates would take effect January 1 s`, 2013. Supporting Information • Resolution No. 2012-093 • Water, Sanitary Sewer, and Refuse CIP Cash Flow analysis Christine M. Harkess, CPA, CGFM Finance Director Financial Impact: $114,000 sewer, $50,340 refuse Budgeted: Y/N X N Source: Sewer, Refuuse Funds Related Documents (CIP, ERP, etc.): ERP, CIP and 2007 Utility Master Plan (as revised) Notes: Additional Information Regarding Rate Increases Rate Increases and Effect on Residents Water — The rate adjustment will increase an average residential water bill (a customer using 7,500 gallons) will be $0.45 a month and will maintain Hopkins' rank as in the bottom 1/3rd of Metro cities. The rate increase proposed is important in allowing staff to make necessary improvements to the reliability of the water system. Sanitary Sewer — The rate adjustment will increase an average residential sanitary sewer bill by approximately $1.13 per month and also will maintain Hopkins' rank in the bottom 1/3rd of Metro cities. The rate increase is a result of Met Council advising us that their annual increase will be in the 5- 7% range for the next 5 years and to provide for necessary improvements to the sanitary sewer system. Refuse - Refuse rates were last increased in 201 l . As a result of the 2013 budget process and an analysis of operational costs and equipment replacement costs a refuse rate adjustement was proposed. The rate increase will afect a residential customer using a 60 gallon container, the most common size used, by $1.00 a month. There is no effect on businesses as the city does not service commercial customers. Why are the Rate Increases Recommended ? In 2007 staff developed a Utility Master Plan covering the next 10 years which was revised in 2009 and again in 2011. Operations, debt service requirements, capital and infrastructure needs were all reviewed along with associated revenues. In order for us to meet the needs in the water, sanitary sewer and storm sewer funds scheduled rate increases are necessary. In the past rates were adusted every 3-5 years and in the case of the sanitary sewer rates were actually decreased for a 6 year period. Rates unfortunately have not kept up with the needs of the water and sanitary sewer funds and staff recommends annual incremental increases to minimize the effect on customer budgets. What are the proposed capital improvement projects? Water — Over the next 5 years we have scheduled $2.659.000 in capital infrastructure needs the largest of which is water infrastructure related to street improvements totaling $2,300,000 over the 5 year period. Also included is $211,000 for the emergency connection to St. Louis Park. Sanitary Sewer — Over the next 5 years we have scheduled $1.615.000 in capital improvements the largest of which is sewer- infrastructure related to street improvements totaling $1,440,000 over the 5 year period. Also included is $160,000 for rehab of Lift Station #4 The complete detail for all scheduled capital improvements can be found in the Capital Improvement Plan and Equipment Replacement Plan. Both documents are available at City Hall and on our website. With any scheduled capital improvement before deciding to move forward they are reanalyzed for feasibilty, financial availabilty and the capital schedule revised if necessary. Refuse Fund — Trucks are scheduled for replacement in 2014 for a yard waste truck and in 2015 for a refuse truck. CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2012-093 WATER, SANITARY SEWER AND REFUSE RATE INCREASES WHEREAS, the City of Hopkins has established Ordinance No. 92-712 Sewer and Water Utility rates, City Code section 715.03 which defines water rates and section 715.07 which defines sanitary sewer rates; and Ordinance No. 92-707, City Code section 605.04 which defines refuse charges for collection services; and WHEREAS, the ordinances authorizes water, sanitary sewer and refuse rates to be set forth by council resolution; and WHEREAS, it is estimated the present water and sewer utility rates are not sufficient to cover operating expenses over the next five years and will not provide sufficient funding for capital improvement projects identified in the 2012 - 2015 Capital Improvement Plan and the 10 year Utility Master Plan completed in 2007 and revised in 2009 and 2011; and WHEREAS, it is estimated the present refuse rates need to incorporate future equipment needs; NOW, THEREFORE, be it hereby resolved that the City Council of the City of Hopkins hereby sets the service charge for the Water and Sanitary Sewer Utilities and Refuse Programs at the following rates to be paid to the City upon billing therefore as follows: The water service usage charge for all classes of users on the system at $2.02 per 1,000 gallons of water used. The water service charge for metered sprinklers for all classes of users on the system at $2.40 per 1,000 gallons of water used — no change. The sanitary sewer service charge for all classes of users on the system at $3.90 per 1,000 gallons of water used. The refuse rates at $16.85 for a 30 gallon container (no change), $20.85 for a 60 gallon container; and $24.30 for a 90 gallon container. EFFECTIVE DATE: The provisions of this resolution shall be effective January 1, 2013. Adopted by the City Council of the City of Hopkins, Minnesota, this 18th day of December 2012. Eugene J. Maxwell, Mayor ATTEST: Kristine A. Luedke, City Clerk WATER FUND - WORKING CAPITAL PROJECTION 07/19/2012 Actual Projected Projected Projected Projected Projected Projected 2011 2012 2013 2014 2015 2016 2017 Working Capital Beginning Year (268,206) (488,484) 252,992 265,385 400,298 824,120 518,919 Revenues: Operating Revenues 1,265,930 1,262,050 1,300,600 1,339,150 1,377,850 1,416,550 1,461,500 Other 132,583 129,480 140,280 152,149 158,533 165,235 172,272 Interest (2,329) 0 0 0 0 0 0 Bond Issuance 760,519 1,200,000 1,200,000 Total Revenues 1,396,184 2,152,049 2,640,880 1,491,299 2,736,383 1,581,785 1,633,772 Expenditures: Operation Expense 986,607 969,448 1,002,998 1,037,781 1,073,846 1,111,244 1,150,027 Other Exp - int on current bonds 36,913 0 0 Other Exp - int on refunded bonds 14,825 11,475 7,587 2,700 Other Exp - int on 2009 bonds 26,300 25,350 24,225 22,850 21,350 19,725 Other Exp - int on 2012 bonds 5.664 16,793 16.365 15,893 15,375 Other Exp - int on 2013 bonds 65.000 62,500 59,750 Other Exp - int on 2015 bonds 65.000 62.500 Equipment Replacement Items 0 0 75,000 0 6,800 0 61.700 Capital Improvements 384,169 190,000 1,248,000 0 800,000 411,000 200,000 Principal Bond payment 200,000 Principal Bond payment - refunded 165,000 170,000 175,000 180,000 Principal Bond pymnt - 2009 debt 45,000 50,000 50,000 50,000 50,000 50,000 Principal Bond pymnt - 2012 debt 40,000 45.000 45.000 45,000 45,000 Principal Bond pymnt - 2013 debt 50,000 55,000 60.000 Principal Bond pymnt - 2015 debt 50.000 55,000 Capital Lease (PW Facility) (1) 0 0 0 0 0 0 0 Total Expenditures 1,607,689 1,410,573 2,628,487 1,356,386 2,312,561 1,886,987 1,779,077 Change in available funds (211,505) 741,476 12,393 134,914 423,822 (305,202) (145,305) Inventory change 194 Bond Premium/Discount Exp (8.967) Working Capital Ending Year (488,484) 252,992 265,385 400,298 824,120 518,919 373,614 (1) Capital Lease moved to Storm Sewer Rate History 2012 - 2017 financial data w%,s ration /tom the Utility Master Plan done by City Engineer 1984 $0.85 1993 $1.05 Notes - 1997 $1.10 Income - 2008 and forward used utility master plan rates (fixture/no surcharge option) 2000 $1.20 2005 $1.40 Per Utility Master Plan (10/07) 2008 $1.65 2009 $1.86 2010 $1.90 2011 $1.94 - not increased, left at $1.90 2012 $1.96 2013 $2.02 2014 $2.08 Projected rate Increases 2015 2016 $2.20 2017 $2.27 Working Capital Beginning Year Revenues: Operating Revenues Other Interest Bond Issuance Total Revenues Expenditures: Operation Expense MWCC Charges (3% inflation) Interest Expense - 2009 Debt Interest Expense - 2012 Debt Interest Expense - 2013 Debt Interest Expense - 2015 Debt Equipment Replacement Items Capital Improvements Principal Bond payment (2009) Principal Bond payment (2012) Principal Bond payment (2013) Principal Bond payment (2015) Capital Lease (PW Facility) (1) Total Expenditures Change in available funds Inventory change Bond Premium/Discount Exp Working Capital Ending Year (1) Capital Lease moved to Storm Sewer Rate History 1983 $1.50 1989 $1.75 1991 $2.00 1993 $2.50 1999 $2.25 Rate DECREASE 2006 $2.50 rate increase Per Utility Master Plan (10/07) 2008$2.70 2009$3.10 2010$3.40 2011 $3.70 - act 3.60 2012 $3.75 2013 $3.90 projected rate 2014$4.05 increases 2015$4.21 2016$4.38 2017$4.55 these are the correct rates per the UMP SEWER FUND - WORKING CAPITAL PROJECTION 07/19/2012 Actual Projected Projected Projected Projected Projected Projected 2011 2012 2013 2014 2015 2016 2017 79,006 98,771 398,662 619,769 763,261 943,574 778,988 1,823,054 2,137,500 2,223,000 2,308,500 2,399,700 2,496,600 2,593,500 15,895 23,000 20,000 20,000 20,000 20,000 20,000 421 2,469 997 1,549 1,908 2,359 1,947 170,520 700,000 500,000 1,839,369 2,333,489 2,943,997 2,330,049 2,921,608 2,518,959 2,615,447 473,113 516,840 534,037 551,833 570,253 589,319 609,053 1,148,036 1,309,108 1,371,126 1,436,144 1,504,307 1,575, 771 1,650,698 32,651 32,650 31,450 30,100 28,450 26,575 24,463 1,277 3,780 3,685 3,580 3,465 21,000 19,800 18,700 17,500 15,000 14,100 0 0 0 35,700 6,800 33,600 26,400 114,363 115,000 715,000 0 500,000 280,000 120,000 50,000 60,000 60,000 60,000 60,000 65,000 65,000 10,000 10,000 10,000 10,000 10,000 38,000 38,000 38,000 38,000 28,000 28,000 0 0 0 0 0 0 0 1,818,163 2,033,598 2,722,890 2,186,557 2,741,295 2,683,545 2,606,679 21,207 299,891 221,107 143,492 180,313 (164,586) 8,768 0 (1,442) 98,771 398,662 619,769 763,261 943,574 778,988 787,757 2009 - 2017 financial data was taken from the Utility Master Plan done by City Engineer Working Capital Beginning Year Revenues: Operating Revenues Refuse Collection Recycling Rates Bulk Collection Yard Waste Recycling rebates Miscellaneous (penalties) Grants Gain on sale of assets Interest Total Revenues Expenditures: Operation Expense Transfer Out Capital Outlay (per ERP) Capital Projects per CIP Capital Lease (PW Facility) Total Expenditures Change in available funds Inventory change Working Capital Ending Year Rate History 1989 $15.10 1991 $17.25 1995 $11.00-14.45 refuse $2.25 recycling fee 2002 $2.75 recycle fee 2005 $13.20, 15.90, 17.25, refuse 2008 $3.25 recycling fee 2009 $15.85, 18.55, 21.25, refuse 2009 $3.50 recycling fee 2010 $3.75 recycling fee 2011 $16.85, $19.85, $23.15 refuse 2012 $4.00 recycling fee 2013 $16.85, $20.85, $24.30 refuse 2014 $4.25 recycling fee 2015 $18.85; $21.85; $25.15 refuse 2016 $4.50 recycling fee 2017 $19.85; $22.85; $26.15 refuse 2018 $4.75 recycling fee 2019 $20.85; $23.85; $27.15 refuse 2020 $5.00 recycling fee REFUSE FUND - WORKING CAPITAL PROJECTION 07/19/2012 Actual Projected Projected Projected Projected Projected Projected 2011 2012 2013 2014 2015 2016 2017 477,030 531,787 624,922 703,458 671,238 576,411 675,842 x 710,371 727,860 x 738,786 738,786 x 788,786 788,786 x 838,786 129,992 x 138,092 138,092 x 146,192 146,192 x 154,292 154,292 12,073 15,000 12,000 12,000 12,000 12,000 12,000 10,028 18,500 10,000 10,000 10,000 10,000 10,000 64,540 30,000 30,000 30,000 30,000 30,000 30,000 13,152 7,000 10,000 10,000 10,000 10,000 10,000 43,697 28,000 19,000 18,500 18,000 17,500 17,000 23,671 3,482 2,659 3,125 3,517 3,356 2,882 3,379 1,011,005 967,111 961,002 968,995 1,018,334 1,025,460 1,075,457 721,778 848,976 857,466 874,615 883,361 901,028 910,039 210,833 0 0 101,600 204,800 0 0 25,000 25,000 25,000 25,000 25,000 25.000 25,000 957,611 873,976 882.466 1,001,215 1,113,161 926,028 935,039 53,395 93,135 78.537 (32,220) (94,827) 99,431 140,418 1.362 531,787 624,922 703,458 671,238 576,411 675,842 816,260 x = year this rate will be raised Refuse accounts as of 7/2012 = 2,742 On average recycling accounts total 2700 per month Each $0.25 increase generates approximately $8,100 additional revenue per year