4I - Laserfiche WebLink

Home Browse Search

. Assemble and review existing historical utility system operating data. . Develop a pro forma cash flow statement showing projected usage, total operating revenue, and total expenses, including operations and maintenance costs, depreciation, department servicing, net income, debt, etc. to test adequacy of existing and proposed rates. . Review utility rates and user charges to determine if the rates and charges are sufficient to pay for operations and capital improvements. . Review connection charges and review the policy for SAC and WAC charges as they relate to the City's redevelopment efforts, as necessary and appropriate. . IdentifY future capital projects and utility funding requirements for the relevant time period, to be provided by City staff. . IdentifY any additional issues. ,/ The use of debt vs. cash to pay for capital improvements. ,/ Minimum cash balance for the utility fund. ,/ To ensure the fees are sufficient to operate the utilities and not require a future tax levy. ,/ Establish a financing plan for funding current and future capital improvements and operational expenses. Step 2. Provide a comparison of utility rates and connection fees in comparable commnnities. The survey will compare water, sanitary sewer fees, and/or storm water fees charged for a single family home in Arden Hills with fees charged by comparable communities. Materials/Services to be Provided by the City . City population projections and estimated new connections per year . Historic water usage for 2004 through 2007, including number of residential, commercial, and industrial connections; water pumping records; gallons billed; . Historic sanitary sewer usage for 2004 through 2007, including usage billed . Current water connection information, including residential and commercial/industrial information . Current 2007 and 2008 operating budgets and actual operating results for 2006. . Current billing system information, including rates and billing schedule and availability to analyze usage on a meter and a category basis. . Current connection charges and basis for calculating . Existing water, sanitary sewer, and storm water cash and investment balances . Capital improvements for five to ten year basis (estimated) for each utility . Operations and management expenses (estimated) by utility . General information as necessary Project Cost and Completion Date Estimated Time for Completion: City of Arden Hills, Utility Rate Study Proposal January 2, 2008 Page 3