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SUBJECT: <br />DATE: <br />UTILITY FUNDS FINANCIAL PLAN UPDATE <br />MARCH 10, 2015 <br />PAGE4OF9 <br />Table 5 <br />Utility Bill for an Average Residential Customer <br />Reflecting the Update Study Results Only <br />Service <br />2014 <br />2015 <br />2016 <br />2017 <br />2018 <br />2019 <br />Water <br />$12.32 <br />$12.32 <br />$13.68 <br />$15.18 <br />$15.18 <br />$15.18 <br />(0 %) <br />(11 %) <br />(11 %) <br />_ (0 %) <br />(0 %) <br />Wastewater <br />$20.69 <br />$25.43 <br />$30.52 <br />$31.74 <br />$31.74 <br />$31.83 <br />(27 %) <br />(20 %) <br />(4 %) <br />_ (0 %) <br />(0 %) <br />Stormwater <br />$4.23 <br />$4.23 <br />$4.74 <br />$4.78 <br />$4.78 <br />$4.78 <br />(0 %) <br />(12 %) <br />(1 %) <br />(0 %) <br />(0 %) <br />Combined Bill <br />$37.24 <br />$41.98 <br />$48.94 <br />$51.70 <br />_ <br />$51.70 <br />$51.80 <br />Increase <br />12.7% <br />16.6% <br />5.7% <br />0.0% <br />0.2% <br />Utility Bill for an Average Residential Customer <br />Reflecting Update Study Results AND Cost of Service Adjustments <br />Service <br />2014 <br />2015 <br />2016 <br />2017 <br />2018 <br />2019 <br />Water <br />$12.32 <br />$16.31 <br />$18.10 <br />$20.10 <br />$20.10 <br />$20.10 <br />_ (32 %) <br />(11 %) <br />(11 %) <br />_ (0 %) <br />(0 %) <br />Wastewater <br />$20.69 <br />$22.00 <br />$26.40 <br />$27.45 <br />$27.45 <br />$27.54 <br />_ (6.3 %) <br />(20 %) <br />(4 %) <br />_ (0 %) <br />(0.3 %) <br />Stormwater <br />$4.23 <br />$4.23 <br />$4.74 <br />$4.78 <br />$4.78 <br />$4.78 <br />_ (0 %) <br />(12 %) <br />(0.8 %) <br />_ (0 %) <br />(0 %) <br />Combined Bill <br />$37.24 <br />$42.54 <br />$49.24 <br />$52.33 <br />$52.33 <br />$52.42 <br />% Increase <br />14.2% <br />15.8% <br />6.2% <br />0.0% <br />0.2% <br />Impact of Proposed Rates At Different Use Volumes <br />Table 6 on the next page shows average monthly water usage and the impact of the <br />proposed rates on residential customers. As the chart shows, the largest group of <br />customers (3,100) would see an increase averaging $9.74 or less per month. <br />CITY COUNCIL COMMUNICATION <br />5 <br />