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HomeMy WebLinkAbout2002 03 25 Regular I Direction on the Utility/Stormwater Rate Study '. COMMISSION AGENDA ITEM I CONSENT INFORMATIONAL PUBLIC HEARING REGULAR X March 25, 2002 Meeting MGR~ , /DEPT //1/ Authorization REQUEST: Utility Department Requesting Direction on the Utility/Stormwater Rate Study. PURPOSE: The purpose of this Board item is for the City Commission to advise staff on whether to schedule an 'additional workshop or a regular agenda item to discuss the-options for' implementation of the Utility and Stormwater Rate Study. CONSIDERA TIONS: The City Commission reviewed the water, wastewater, and stormwater rate and charge study at the workshop on November 12' 2001. An additional workshop was conducted on March 4, 2002 to review the capital improvement program included in the rate study. Three options for implementation were discussed in November and staff needs a final determination in order to proceed. RECOMMENDA TION: It is recommended that the City Commission direct staff take to proceed with whichever option it deems appropriate. IMPLEMENT A TION: The item will be scheduled as a regular agenda item at the next meeting or a workshop should be scheduled. ATTACHMENTS: I. Rate Adjustment Implementation Options COMMISSION ACTION: ~ ~ ~ - ~ '. .~ - .* - - . . - ~ - .- -. Rate Adjustment Options I2'SIJiI ...... ~ _.r.....~ 'Wi,...... uv.~__ II Option 1, - Sys:tern-wide Qne Time Increase of 17.250/0 : I Ii Option 2'- System-wide Two Ye'ar Increases of 9.250/0 per Year II Option 3 - System-wide Three Year]ncreases of 6.750/0 per Year I \ 11 ~ > --f --f > C":> I ~ ", z: ---4 '**=