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CR 2013-125 Proposed Water Utility, Sanitary Sewer Utility and Refuse Rate IncreasesDecember 4, 2013 city of KoPkins Council Report 2013-125 PROPOSED WATER UTILITY, SANITARY SEWER UTILITY AND REFUSE RATE INCREASES Proposed Action Staff recommends adoption of the following resolution: Move to adopt Resolution No. 2013-077 increasing water, sanitary sewer and recycling rates effective January 1, 2014. Adoption of this motion will result in increasing the water rate from $2.02 to $2.10, the water service charge for metered sprinklers from $2.40 to $2.50 per 1,000 gallons of water used, the sanitary sewer rate from $3.90 to $4.10 per 1,000 gallons of water used, and the and the recycling rate from $4.00 to $4.25 per month effective January 1, 2014 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, 2011 and 2013. 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 recycling rates are not funding the recycling operations of the refuse program. Recycling program operating costs have increased over 11 % from 2011 primarily due to contractual obligations and fuel related costs. In addition with the fluctuation of the market for recyclable goods our rebate income has decreased. With the proposed recycling rate increase we are projecting a 2014 recycling departmental net loss of $6,080. This may be mitigated if the market for recyclables goes back up. 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 ", 2014. Supporting Information • Resolution No. 2013-077 • 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 2013 Utility Master Plan (as revised) Notes: Additional Information Reaardin<g, 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) approximately $0.60 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 $1.50 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 3% for 2014 and to provide for necessary improvements to the sanitary sewer system. Refuse - Recycling rates were last increased in 2012. As a result of the 2014 budget process and an analysis of increasing operational costs of contractual arrangements and fuel related costs a recycling rate adjustment was proposed. The rate increase is a flat $0.25 per month. Why are the Rate Increases Recommended ? In 2007 staff developed a Utility Master Plan covering the next 10 years which was revised in 2009, 2011 and again in 2013. 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. 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 proiects? Water — Over the next 5 years we have scheduled $1,786,000 in capital infrastructure needs the largest of which is water infrastructure related to street improvements totaling $1,550,000 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 $1,150,000 in capital improvements the largest of which is sewer infrastructure related to street improvements totaling $965,000 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 — Two refuse trucks totaling $306,400 are scheduled for replacement in 2015, one a rear loader and one an automated side loader. CITY OF HOPKINS HENNEPIN COUNTY, MINNESOTA RESOLUTION 2013-077 WATER, SANITARY SEWER AND RECYCLING 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 recycling 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 2014-2018 Capital Improvement Plan and the 10 year Utility Master Plan completed in 2007 and revised in 2009, 2011 and 2013; and WHEREAS, it is estimated the present recycling rates are not sufficient to cover current and future operating expenses for the recycling program; 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 Utililities and Recycling 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 $2.10 per 1,000 gallons of water used. The water service charge for metered sprinklers for all classes of users on the system at $2.50 per 1,000 gallons of water used. The sanitary sewer service charge for all classes of users on the system at $4.10 per 1,000 gallons of water used. The recycling service charge for all users on the system at $4.25 per month, per recycling unit. EFFECTIVE DATE: The provisions of this resolution shall be effective January 1, 2014. Adopted by the City Council of the City of Hopkins, Minnesota, this 3`d day of December 2013. Eugene J. Maxwell, Mayor ATTEST: Kristine A. Luedke, City Clerk Working Capital Beginning Year Revenues: Operating Revenues Other Interest Bond Issuance Total Revenues Expenditures: Operation Expense Other Exp - bond issuance -fiscal fee Other Exp - int on current bonds Other Exp - int on refunded bonds Other Exp - int on 2009 bonds Other Exp - int on 2012 bonds Other Exp - int on 2013 bonds Equipment Replacement Items Capital Improvements Principal Bond payment Principal Bond payment - refunded Principal Bond pymnt - 2009 debt Principal Bond pymnt - 2012 debt Principal Bond pymnt - 2013 debt 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 (water/sorink/er) 1984 $0.85 1993 $1.05 1997 $1.10 2000 $1.20 2005 $1.40 Per Utility Master Plan (10107) 2008 $1.65 2009 $1.86 2010 $1.90 2011 $1.94/2.40 - not incr, left at $1.90 2012 $1.96/2.40 2013 $2.02/2.40 2014 $2.10/2.50 2015 $2.18/2.60 2016 $2.25/2.70 projected rate 2017 $2.35/2.85 increases 2018 $2.45/3.00 WATER FUND - WORKING CAPITAL PROJECTION 07/26/2013 Actual Projected Projected Projected Projected Projected Projected 2012 2013 2014 2015 2016 2017 2018 (488,484) 76,872 (249,301) (103,657) (24,280) 244,951 475,211 1,403,420 1,300,600 1,364,980 1,377,850 1,416,550 1,461,500 1,506,450 134,451 140,280 152,149 158,533 165,235 172,272 179,661 (804) 0 0 0 0 0 0 760,000 868,955 350,000 200,000 430,000 200,000 600,000 2,297,067 2,309,835 1,867,129 1,736,383 2,011,785 1,833,772 2,286,111 1,080,074 21,327 39,470 388,050 210,000 0 1,738,921 558,146 (219) 7,428 76,872 1,002,998 1,037, 781 1,073,846 1,111,244 1,150,027 1,190,249 0 0 0 11,475 7,587 2,700 25,350 24,225 22,850 21,350 19,725 17,887 13,185 14,179 13,379 12,529 11,629 10,729 22,713 17,431 16,431 15,431 14,381 75,000 0 6,800 0 61,700 1,248,000 350,000 200,000 436,000 200,000 600,000 170,000 175,000 180,000 50,000 50,000 50,000 50,000 50,000 55,000 40,000 40,000 40,000 45,000 45,000 45,000 50,000 50,000 50,000 55,000 0 0 0 0 0 0 2,636,008 1,721,485 1,657,006 1,742,554 1,603,512 1,988,246 (326,172) 145,644 79,377 269,231 230,260 297,865 (249,301) (103,657) (24,280) 244,951 475,211 773,076 2014 - 2018 financial data was taken from the Utility Master Plan done by City Engineer Notes - Income - 2008 and forward used utility master plan rates (fixture/no surcharge option) Working Capital Beginning Year Revenues: Operating Revenues Other Interest Bond Issuance Total Revenues Expenditures: Operation Expense MWCC Charges (3% inflation) Other - Bond Issuance -fiscal fees Interest Expense Interest Expense - 2012 Debt Interest Expense - 2013 Debt Equipment Replacement Items Capital Improvements Principal Bond payment (2009) Principal Bond payment (2012) Principal Bond payment (2013) 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 (10107) 2008$2.70 2009$3.10 2010$3.40 2011 $3.70 - act 3.60 2012$3.75 2013$3.90 2014$4.10 2015$4 30 2016$4 55 2017$480 projected rate increases 2018$5.10 SEWER FUND - WORKING CAPITAL PROJECTION 07126/2013 Actual Projected Projected Projected Projected Projected Projected 2012 2013 2014 2015 2016 2017 2018 98,771 394,411 408,940 363,237 338,286 191,018 241,333 2,131,881 2,223,000 2,308,500 2,399,700 2,496,600 2,593,500 2,696,100 22,424 20,000 20,000 20,000 20,000 20,000 20,000 639 986 1,022 908 846 478 603 170,000 495,102 2,324,944 2,739,088 2,329,522 2,420,608 2,517,446 2,613,978 2,716,703 475,599 534,037 551,833 570,253 589,319 609,053 629,484 1,132,299 1,371,126 1,436,144 1,504,307 1,575,771 1,650,698 1,729,256 10,765 32,462 31,450 30,100 28,450 26,575 24,463 22,187 2,946 3,149 2,949 2,749 2,549 2,349 21,000 19,800 18,700 17,500 0 0 36,800 33,600 26,400 59,700 319,962 715,000 225,000 175,000 305,000 120,000 325,000 60,000 60,000 60,000 60,000 65,000 65,000 65,000 10,000 10,000 10,000 10,000 10,000 10,000 38,000 38,000 38,000 38,000 38,000 0 0 0 0 0 0 2,031,086 2,724,559 2,375,226 2,445,559 2,664,714 2,563,663 2,880,976 293,858 14,529 (45,703) (24,951) (147,268) 50,315 (164,272) (167) 1,949 394,411 408,940 363,237 338,286 191,018 241,333 77,060 2014 - 2018 financial data was taken from the Utility Master Plan done by City Engineer Notes - Income - 2008 and forward used utility master plan rates (no fixture option) REFUSE FUND - WORKING CAPITAL PROJECTION 07/05/2013 Actual Projected Projected Projected Projected Projected Projected 2012 2013 2014 2015 2016 2017 2018 Working Capital Beginning Year 531,787 627,351 748,108 860,763 708,765 853,210 1,039,311 Revenues: Operating Revenues Refuse Collection 705,912 x 738,786 738,786 x 788,786 788,786 x 838,786 838,786 Recycling Rates x 138,097 138,097 x 146,197 146,197 x 154,297 154,297 x 162,397 Bulk Collection 13,328 12,000 12,000 12,000 12,000 12,000 12,000 Yard Waste 9,470 10,000 10,000 10,000 10,000 10,000 10,000 Recycling rebates 28,881 30,000 30,000 30,000 30,000 30,000 30,000 Miscellaneous (penalties) 11,599 10,000 10,000 10,000 10,000 10,000 10,000 Grants 17,795 19,000 18,500 18,000 17,500 17,000 16,500 Gain on sale of assets 0 Interest 3,945 3,137 3,741 4,304 3,544 4,266 5,197 Total Revenues 929,027 961,020 969,224 1,019,287 1,026,127 1,076,350 1,084,880 Expenditures: Operation Expense 807,192 815,264 831,569 839,885 856,682 865,249 882,554 Transfer Out Capital Outlay (per ERP) 306,400 Capital Projects per CIP Capital Lease (PW Facility) 25,000 25,000 25,000 25,000 25,000 25,000 25,000 Total Expenditures 832,192 840,264 856,569 1,171,285 881,682 890,249 907,554 Change in available funds 96,835 120,756 112,655 (151,997) 144,445 186,100 177,326 Inventory change (1,271) Working Capital Ending Year 627,351 748,108 860,763 708,765 853,210 1,039,311 1,216,636 Rate History 1989 $15.10 1991 $17.25 x = year this rate will be raised 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 Refuse accounts as of 7/2012 = 2,742 2012 $4.00 recycling fee On average recycling accounts total 2700 per month 2013 $16.85, $20.85, $24.30 refuse Each $0.25 increase generates approximately $8,100 additional revenue per year 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