File #: REP 18-211    Version: 1 Name: Utility Rates
Type: Informational Report Status: Meeting Item
File created: 5/1/2018 In control: CITY COUNCIL WORKSHOP
On agenda: 5/7/2018 Final action:
Title: Utility Rate Study Update - Revenue Requirements and Rate Design Details: Staff has been working with the City's financial consultant, FCS Group, to complete an update to the water, sewer and stormwater utility rate financial models. Staff, with assistance from FCS Group, reviewed the attached presentation with Council, which considers the rate model update process, financial assumptions, revenue requirements and proposed rate design alternatives. Presenter: Steve Wall, Public Works Director and Sergey Tarasov, FCS Group
Attachments: 1. Utility Rates Update - Revenue Requirements and Rate Designs
Related files: REP 18-537
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.

Title

Utility Rate Study Update - Revenue Requirements and Rate Design

Details:  Staff has been working with the City's financial consultant, FCS Group, to complete an update to the water, sewer and stormwater utility rate financial models. Staff, with assistance from FCS Group, reviewed the attached presentation with Council, which considers the rate model update process, financial assumptions, revenue requirements and proposed rate design alternatives. 

Presenter:  Steve Wall, Public Works Director and Sergey Tarasov, FCS Group

Recommended Action

Recommended Action:  Staff is requesting input from the City Council regarding the Revenue Requirement analysis and Utility Rate Designs.