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z_ � � L 2 L .: Roseville's philosophy is to ensure that all indirect costs are reflected in the water and sewer rates. This results in higher water and sewer rates. This also means that we don't have as much indirect costs being supported by the property tax. This can be somewhat reflected in the chart below which combines property taxes and water and sewer charges for a typical single-family home. �i,goo $1,600 $1,400 $1,200 $1,000 2012 Taxes + Water + Sewer Comparison $1,153.36 �_ �� a�ti� �� 4�� 4�� � �05 ��5 ��. � v � Sw� So $1,6] 1.48 � ��ti� �� � �� fi C� As is shown in this chart, when looking at more comprehensive comparison that factors in a more broad- based spectrum of needs and funding philosophies, Roseville has one of the lowest financial impacts of the comparison group - a full 15% below the peer average. Once again, we must also look at other factors and local preferences to determine whether there are other influences affecting property taxes and rates. POLICY OBJECTIVE An annual review of the City's utility rate structure is consistent with governmental best practices to ensure that each utility operation is financially sound. In addition, a conservation-based rate structure is consistent with the goals and strategies identified in the Imagine Roseville 2025 initiative. FINANCIAL IMPACTS See above. STAFF RECOMMENDATION _ Based on the increasing costs noted above, Staff is recommending rate adjustments as shown in the z �� attached resolution. � REQUESTED COUNCIL ACTION �� Far discussion purposes only. The Council will be asked to adopt the attached resolution establishing the _ 2013 Utility Rates at a subsequent Council meeting. Prepared by: Chris Miller, Finance Director Attachments: A: Resolurion establishing the 2013 Urility Rates Page 9 of 12