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<br />~ <br />~HlLLS <br /> <br />2008 PROPOSED BUDGET - SUMMARY BY DEPT. <br /> <br />Fund: Water U. tility - 601 <br />~tln>f:N1imti:Water Util:ity Fund - 49440 <br /> <br />2007 Budl!et: $1,394,603 <br /> <br />2008 Proposed Budl!et: $1,669,870 <br /> <br />--.m-eii.fai:Ji)v~n'ie~JSumma <br />.1ty-marnfllinsits oWn water distribution system. Water is purchased from tbeCity <br />(!l'R:O~eviJ1'e,~lio m tum, purchases water on a wholesale basis from St. Paul Regional <br />Water Sernces. <br />..,.,..-..-...--,...-.,.-.-.....' <br /> <br />The City coml'i1eted a utility rate study in 2004. A rate increase took effect January, <br />2'0'05. Prior to this change, Arden Hills had not seen an increase in water rates since <br />January 1, 1999. Rates are scheduled to increase in small increments in 2006 and future <br />years. In 200.8 we expect a 15% increase in water costs due to increases from the City of <br />St. Paul. The L:ity is currently undergoing a rate study to determine if the scheduled rate <br />increases are sufficient to cover projected operating and capital expenditures. <br /> <br />FinanciaI6:V.erview - 2008 <br /> <br />2008 <br />Waler Utility <br /> <br />Cap~al OUtlay. Fersonal <br />$56,890, 3% ~. Services. <br />. $249,199,15% <br /> <br /> <br />(~ Materials & <br />~ \ "'- Supplies, <br />Other Services $64,009, 4% <br />& Charges, <br />$1,299,772, <br />78% <br /> <br />FIE Allocation: 3.20 <br /> <br />Sil!nificalltChan~es.fromPrior Year: <br />The cosHorwaterpur.chase is increasing 14.05% in 2008. In 2008, we are implementing <br />an administration charge toenterprisefurrds to recover costs for services provided by <br />other City departments. <br /> <br />118 <br />