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<br />< CITY OJ!' 1lRDEN KILLS <br /> !mDlANDtIM <br />. TO: Dorothy Person, City 1\dminist::rator <br /> FRa!: Terry Post, City Acoountant <br /> IlM.'E: """".....hqr 13, 1993 <br />. <br /> SllBJEC'l': Caunc:il Discussion of 1994 Utility Rate Increase <br /> As a backdrop to the utility rate new bJsiness item on the December 13, 1993, <br /> Council meeting agenda, the following items may be useful f= the i1i"""lSSion. <br /> 1. Rate structure - The existing rate structure assumes pricing chanJe <br /> increments of $1.00 f= flat rates arrl $.10 f= <br /> consumption rates. <br /> 2. Finance Committee <br /> Recommendation - At the last Finance Committee meeting of November 17, <br /> 1993 (see attached minutes), the group recommended <br /> price increases of 3.5% for water arrl sanitary sewer <br /> utility services. <br /> 3. staff <br /> Recommendation - A December 7, 1993 memo from the City Accountant <br />. recommended minimum price increases of at least 3.1% <br /> f= water and sanitary sewer utility services. <br /> RECX:IO!ENDM'ICN: <br /> Considering input from both the Finance Connnittee and city staff, flat rates <br /> should increase by no more than $2.00 per quarter and consumption charges <br /> should in=ease by no more than $.10 per thousand gallons for the delivery of <br /> 1994 water arrl sanitary sewer utility services. These maxil!Iurn rate increases <br /> should be adequate to cover anticipated 1994 operational cost increases of the <br /> two utilities. <br /> 'Ihis action would result in the following 1994 rate schedules: <br /> utility 1993 Reccmrended Increase <br /> Water Rate Description Rate 1994 Rate $ % <br /> Qtrly Flat Fate $19.95 $20.95 $1.00 5.0% <br /> Winter 1.89 1.99 .10 5.3% <br /> Sumrer 1.99 2.09 .10 5.0% <br /> sewer <br /> Res. Qtrly Flat $49.95 $51. 95 $2.00 4.0% <br /> Senior Qtrly $24.95 $25.95 $1.00 4.0% <br /> Consumption Rate $ 2.59 $ 2.69 .10 3.9% <br />. TRP:rk <br />