2010-12-22 CC Packet - Laserfiche WebLink

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- - Ufiilitv Funci �udc�et �urr�marv The City of Centerville utilizes a fund accounting system that isolates revenue and expenditures for each of its water, sewer and sform wafer operations. To that end, each fund is supported through a set af user fees that are analyzed on an annual basis to ensure the proper set of reserves are maintained in order to meet on going cash flow needs and to replace existing infrastructure as it becomes depreciated. Water Fund Rates The typical water customer can be classified into two different categories—residential and commercial each with a fixed and or variable component to the cost structure. There are currently 1,286 residential (1,007 hooked on to water) and 74 commercial (43 hooked onto water) customers. The proposed 2011 rates remain the same as 2010 and are chronicled below: � Water 2010 2011 - Proposed Residential - Fixed Charge 21.00 per quarter 21.00 per quarter Variabfe - Rate per fhousand gallons per quarter (0 - 90,000} 2.00 2.00 Variable - Rate per thousand gallons per quarter (90,000 - 150,000) 2.20 2.20 Variable - Rate per thousand gallons per quarter (150,000 - xxx) 2.50 2.50 Commercial - Fixed Charge 21,00 per quarter 21.00 per quarter Variable - Rate per thousand gallons per quarter (0 - 500,000) 2.00 2.00 Variable - Rate per thousand gallons per quarter (500,000 - xxx) 2.50 2.50 Water Fund Revenue: These water rates are projected to produce water sales of $287,300. Other miscellaneous revenues in this classification are budgeted at $54,500, which provides a total revenue budget of $341,800 for 2011. Water Fund Expenditures: Expenditures in this classification include personnei time maintaining the water treatment system/utility billing system, chemicals, depreciation on existing infrastructure and other miscellaneous items. Water fund expenditures are budgeted at $348,700 for 2011 of which $180,000 is depreciation. , Sewer Fund Rates The 2011 rates for sewer are proposed to increase by $3.00 per quarter from $56.25 to $59.25. I Sewer 2010 2011 - Proposed Residential - Fixed Charge 56.25 per quarter 59.25 per quarter Commercial - Fixed Charge 56.25 per sac unit per quarter 59.25 per sac unit per quarter I Sewer Fund Revenue: These sewer rates are projected to produce sewer sales of $344,000—an increase of $18,000 from the prior year. Other misceiianeous revenues in this I � classification are budgeted at $69,100, which provides a total revenue budget of $413,100. Sewer Fund Expenditures: Expenditures in this classification primarily are made up of charges administered by Metropolitan Council Environmental Services for waste water treatment- 36