Presentation by HEC

From the Power Point Presentation given on March 19, 2013

Cover Page

Page 1

Sanitation Fund – recap of Historical Data

Page 2

Goals of a City Sanitation Fund

  • not using any other City Funding source

  • Adhere to proposition 218

Page 3

Key Model Assumptions

  • Personnel and Professional Services increase 5%/year

  • All other Costs increase 3.5%/year

  • Gilton Contract costs increase by annual Consumer Price Index plus growth in number of customers.

Page 4

Sanitation Fund – Revenue Requirement

Page 5

Proposed Rates – Proposition 218 Notice

Page 6

Projected Cash Flow

Page 7

Rates with 2nd Increase Effective Date Changed to July 2014

Page 8

Projected Cash flow with 2nd Increase Effective Date July 2014

Page 9

Why freeze the rates after the 2nd rate increase in 2014?

  • The model results are based on assumptions that may or may not be realized.

  • Actual 2012 costs were greater than projected

Page 10

Why freeze the rates from Jan 2014?

  • Lowering rates creates the perception that the fund has lots of money

  • Freezing the rates provides some flexibility

Page 11

Residential Rate Breakdown

  • Gilton Contract

  • City Operating Expenses

  • Deficit Recovery

Page 12

Percent of Rates – Residential

    • Gilton Contract

    • City Operating Expenses

    • Deficit Recovery

Page 13

Commercial 2 Cubic Yards Rate Breakdown

    • Gilton Contract

    • City Operating Expenses

    • Deficit Recovery

Page 14

Percent of Rates – Commercial

    • Gilton Contract

    • City Operating Expenses

    • Deficit Recovery

Page 15

Comparison Rates: SANITATION

Note from TheGardeningSnail: The City of Atwater is currently in the process of raising Rates for Sanitation

Page 16

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