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HomeMy WebLinkAbout2002 04 02 Regular I Utility/Stormwater Rate Study , I - COMMISSION AGENDA ITEM I CONSENT INFORMATIONAL PUBLIC HEARING REGULAR X k(.)(u ~ ~,2002 Meeting MGR~ IDEPT ;/Y , 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 work.shop on Noveml;>er 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. " I ,I 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: 1. Rate Adjustment Implementation Options COMMISSION ACTION: ~ Ii. ... ... .-.. . - .. ........ _:.... ~. ._ -. -,11I ._ c. i' . I Rate, Adjustment Options ....- II Option 1 - Sys,tem-wide 9ne Time Increase of 17.250/0 : : . I " II Option 21- System-wide Two Year Increases of 9.250/0 per Year f9 Option 3 - Systern-.wide Three Year "Increases of 6.750/0 per Year 11 ~ ::x>- -4 -4 ::x>- c-:> ::I: :!:: m :z:: -4 "**=