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Page 10 of 13 Roseville’s philosophy is to ensure that all indirect co sts are reflected in the water and sewer rates. This 272 results in higher water and sewer rates. This also m eans that we don’t have as much indirect costs being 273 supported by the property tax. 274 275 This can be somewhat reflected in the chart belo w which combines property taxes and water and sewer 276 charges for a typical single-family home. 277 278 $1,153.36 $1,611.48 $1,000 $1,200 $1,400 $1,600 $1,800 2012 Taxes + Water + Sewer Comparison 279 280 As is shown in this chart, when looking at more co mprehensive comparison that factors in a more broad-281 based spectrum of needs and funding philosophies, Roseville has one of the lowest financial impacts of the 282 comparison group - a full 15% below the peer average. Once again, we must also look at other factors and 283 local preferences to determine whether there are other influences affecting property taxes and rates. 284 285 P OLICY O BJECTIVE 286 An annual review of the City ’s utility rate structure is consistent with governmental best practices to ensure 287 that each utility operation is financially sound. In addition, a conservation-based rate structure is consistent 288 with the goals and strategies identified in the Imagine Roseville 2025 initiative. 289 F INANCIAL I MPACTS 290 See above. 291 S TAFF R ECOMMENDATION 292 Based on the increasing costs noted above, Staff is recommending rate adjustments as shown in the 293 attached resolution. 294 R EQUESTED C OUNCIL A CTION 295 For discussion purposes only. The Council will be asked to adopt the attached resolution establishing the 296 2013 Utility Rates at a subsequent Council meeting. 297 298 Prepared by: Chris Miller, Finance Director Attachments: A: Resolution establishing the 2013 Utility Rates 299