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Home My WebLink About2005 Rate Studyth TEG:dlo Compares the sources of funds (revenues) to the expenses of the utility to determine the overallrate adjustment required Allocates the revenue requirements to the various customer classes of service in a “fair and equitable" manner Considers both the level and structure of the rate design to collect the appropriate and targeted level of revenues NNUALEVIEW OF TILITYATEEVELS EBTANAGEMENT ASHLOWPERATING ESERVES INIMUMUNDING OF APITALUTLAY FROM ATESEPRECIATION EVIEW OF PERATING AND AINTENANCEXPENSES UNDALANCES INIMUMEBTERVICEOVERAGEATIO IMBERALESEVENUES YSTEMEVELOPMENT HARGES OMPREHENSIVE TILITYATETUDIES AVYTILITYERVICESONTRACT 20042005200620072008200920102011 Ì±¬¿´ Í±«®½» ±º Ú«²¼ üëôíèí üëôíðè üëôíëç üëôìïî üëôìêë üëôëïè üëôëéî üëôêîê Ì±¬¿´ Î»ª»²«»ò Î»¯«·®»³»²¬ êôçðç êôçéé éôíîì éôêèè èôïéï èôëðë èòèêç çôîëè Ü»º·½·»²½§ ±º Ú«²¼ øüïôëîê÷ øüïôêéð÷ øüïôçêë÷ øüîôîéê÷ øüîôéðé÷ øüîôçèé÷ øüíôîçé÷ øüíôêíî÷ Ð´«æ ß¼¼·¬·±²¿´ Ì¿¨» øîíç÷ øîêï÷ øíðé÷ øíëê÷ øìîí÷ øìêé÷ øëïê÷ øëêè÷ Ì±¬¿´ Ü»º·½·»²½§ ±º Ú«²¼ øüïôéêë÷ øüïôçíï÷ øüîôîéî÷ øüîôêíí÷ øüíôïíð÷ øüíôìëì÷ øüíôèïí÷ øüìôîðð÷ Ü»º·½·»²½§ ¿ ¿ û ±º Î¿¬» íèòíû ìïòìû ìèòîû ëëòíû êëòïû éïòïû ééòéû èìòéû 20042005200620072008200920102011 Ð®»»²¬ ßª»®¿¹» Ó±²¬¸´§ üïíòðï Î»·¼»²¬·¿´ É¿¬»® Þ·´´ Proposed Water Rate Adjustments 30.0% 15.0% 10.0% 3.0% 3.0% 3.0% 3.0% 3.0% Ð®±¶»½¬»¼ ßª»®¿¹» Ó±²¬¸´§ Î»·¼»²¬·¿´ É¿¬»® Þ·´´ üïêòçï üïçòìë üîïòìð üîîòðì üîîòéð üîíòíè üîìòðè üîìòèð MonthlyMonthly MonthlyMonthly CityWater BillCityWater Bill CityWater BillCityWater Bill City of Bremerton City of Bremerton - Present Water Rate**$13.01City of Lacey$17.36 - Present Water Rate**$13.01City of Lacey$17.36 - Proposed 2004 Water Rate16.91North Perry Water16.20 - Proposed 2004 Water Rate16.91North Perry Water16.20 City of Puyallup25.47Annapolis Water25.60 City of Puyallup25.47Annapolis Water25.60 City of Sumner16.71City of Tumwater20.15 City of Sumner16.71City of Tumwater20.15 Bainbridge Island44.75Kitsap Co. Sewer - Silverdale Water15.46 Bainbridge Island44.75Kitsap Co. Sewer - Silverdale Water15.46 City of Poulsbo25.05City of Tacoma18.65 City of Poulsbo25.05City of Tacoma18.65 City of Port Townsend31.71City of Fife23.85 City of Port Townsend31.71City of Fife23.85 City of Fircrest25.00City of Olympia20.04 City of Fircrest25.00City of Olympia20.04 City of Gig Harbor20.98City of Port Orchard19.05 City of Gig Harbor20.98City of Port Orchard19.05 Present Rate Allocated $% RevenuesCostsDifferenceDifference ëØÉÜÔÑoôÏÊÔÙØ ëØÉÜÔÑoîÈÉÊÔÙØ Ð«¹»¬ Í±«²¼ Ò¿ª¿´ Í¸·°§¿®¼ ïôððì ïôíçê øíçî÷ íçòðû É¸±´»¿´» ïïð ïîì øïì÷ ïîòçû Ú·®»´·²» èì ïðî øïè÷ îïòïû Total $4,609 $6,374 ($1,764) 38.3% Inside City Limits Outside City Limits Service (Meter) Charge (Monthly) l ðÎÏÉÕðÎÏÉÕ l lÜÏÙÜÛÎÇØçÜËÔØÊÛÄðØÉØËêÔÃØçÜËÔØÊÛÄðØÉØËêÔÃØ [1] Consumption Charge ($/CCF) ß´´ Ý±²«³°¬·±² üðòééñÝÝÚ üïòïëñÝÝÚ â àoüúú÷Î×ÆÜÉØË îÏØõÈÏÙËØÙúÈÛÔÚ÷ØØÉ ±º É¿¬»®ò ï ÝÝÚ ±º É¿¬»® ã éìè ¹¿´´±² 200420052006 InsideOutsideInsideOutsideInsideOutside CityCityCityCityCityCity Service (Meter) Charge (Monthly) l, l lÜÏÙÜÛÎÇØçÜËÔØÊçÜËÔØÊçÜ®·» Ê¿®·» Ê¿®·» Ê¿®·» [1] Consumption Charge ($/CCF) Î»·¼»²¬·¿´ Ý±²«³°¬·±² Ý¸¿®¹» o úú÷ Ñª»® ïð ÝÝÚ ðòçé ïòìê ïòïî ïòêè ïòîí ïòèë Ò±²óÎ»·¼»²¬·¿´ Ý±²«³°¬ò Ý¸¿®¹» ß´´ Ý±²«³°¬·±² ðòçì ïòìï ïòðè ïòêî ïòïç ïòéç â àoüúú÷Î×ÆÜÉØË îÏØõÈÏÙËØÙúÈÛÔÚ÷ØØÉ ±º É¿¬»®ò ï ÝÝÚ ±º É¿¬»® ã éìè ¹¿´´±² 20042005200620072008200920102011 Ì±¬¿´ Í±«®½» ±º Ú«²¼ üçôìðí üçôîçë üçôíéð üçôììê üçôëîî üçôëçç üçôêéé üçôéëê Ì±¬¿´ Î»ª»²«» Î»¯«·®»³»²¬ ïðôëíî ïðôçèì ïïôîçî ïïôììí ïïôêíð ïïôèíç ïîôïéç ïîôîìð Ü»º·½·»²½§ ±º Ú«²¼ øüïôïîç÷ øüïôêèç÷ øüïôçîî÷ øüïôççè÷ øüîôïðè÷ øüîôîìð÷ øüîôëðî÷ øüîôìèë÷ Ð´«æ ß¼¼·¬·±²¿´ Ì¿¨» øïëç÷ øîíè÷ øîéï÷ øîèî÷ øîçé÷ øíïê÷ øíëí÷ øíëð÷ Ì±¬¿´ Ü»º·½·»²½§ ±º Ú«²¼ øüïôîèç÷ øüïôçîé÷ øüîôïçí÷ øüîôîéç÷ øüîôìðë÷ øüîôëëê÷ øüîôèëë÷ øüîôèíë÷ Ü»º·½·»²½§ ¿ ¿ û ±º Î¿¬» ïìòîû îïòðû îíòéû îìòëû îëòêû îéòðû îçòçû îçòëû 20042005200620072008200920102011 Ð®»»²¬ ßª»®¿¹» Ó±²¬¸´§ üìèòêì Î»·¼»²¬·¿´ É¿¬»©¿¬»® Þ·´´ Proposed Wastewater Rate Adjust. 10.0% 8.0% 6.0% 1.0% 1.0% 1.0% 1.0% 1.0% Ð®±¶»½¬»¼ ßª»®¿¹» Ó±²¬¸´§ Î»·¼»²¬·¿´ É¿¬»©¿¬»® Þ·´´ üëíòëð üëéòéè üêïòîë üêïòèê üêîòìè üêíòïð üêíòéí üêìòíé Comparative Monthly Residential Wastewater Bills Assuming 10 CCF of Use (7,500 gallons) Comparative Monthly Residential Wastewater Bills Assuming 10 CCF of Use (7,500 gallons) MonthlyMonthly MonthlyMonthly CitySewer BillCitySewer Bill CitySewer BillCitySewer Bill City of Bremerton City of Bremerton - Present Wastewater Rate$48.64City of Lacey$39.50 - Present Wastewater Rate$48.64City of Lacey$39.50 - Proposed 2004 Wastewater Rate53.50Karcher Creek Sewer - North Perry Water45.55 - Proposed 2004 Wastewater Rate53.50Karcher Creek Sewer - North Perry Water45.55 City of Puyallup63.71Karcher Creek Sewer - Annapolis Water36.00 City of Puyallup63.71Karcher Creek Sewer - Annapolis Water36.00 City of Sumner58.07City of Tumwater36.45 City of Sumner58.07City of Tumwater36.45 Bainbridge Island33.00Kitsap Co. Sewer - Silverdale Water45.55 Bainbridge Island33.00Kitsap Co. Sewer - Silverdale Water45.55 City of Poulsbo48.95City of Tacoma37.39 City of Poulsbo48.95City of Tacoma37.39 City of Port Townsend40.72City of Fife33.71 City of Port Townsend40.72City of Fife33.71 City of Fircrest39.00City of Olympia36.82 City of Fircrest39.00City of Olympia36.82 City of Gig Harbor35.97City of Port Orchard27.00 City of Gig Harbor35.97City of Port Orchard27.00 Present Rate Allocated $% RevenuesCostsDifferenceDifference ëØÊÔÙØÏÉÔÜÑoôÏÊÔÙØ ëØÊÔÙØÏÉÔÜÑoîÈÉÊÔÙØ ðÈÑÉÔ÷ÜÐÔÑÄoôÏÊÔÙØ ðÈÑÉÔ÷ÜÐÔÑÄoîÈÉÊÔÙØ Ý±³³»®½·¿´ × çíï ïôðîé øçé÷ ïðòìû Ý±³³»®½·¿´ ×× ïéè ïçð øïï÷ êòìû Ý±³³»®½·¿´ ××× îíë îéì øíç÷ ïêòèû Ð«¹»¬ Í±«²¼ Ò¿ª¿´ Í¸·°§¿®¼ ïôéçê îôðéï øîéë÷ ïëòíû Total $9,077 $10,366 ($1,289) 14.2% Inside City Outside City Single – Family üïïòèìñß½½±«²¬ üïíòëèñß½½±«²¬ Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ üíòêèñÝÝÚ üìòîìñÝÝÚ Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Multi-Family üçòíçñË²·¬ üïðòèîñË²·¬ Þ¿» Ý¸¿®¹» øÐ»® Ë²·¬÷ üíòêèñÝÝÚ üìòîìñÝÝÚ Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Commercial I üïéòëïñß½½±«²¬ üîðòïêß½½±«²¬ Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ üíòéèñÝÝÚ üìòíìñÝÝÚ Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Low Income Senior/Disabled Citizen üéòíëñß½½±«²¬ üèòìéñß½½±«²¬ Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Ò± Ý¸¿®¹» Ò± Ý¸¿®¹» oúú÷ üíòêèñÝÝÚ üìòîìñÝÝÚ Ñª»® ë ÝÝÚ 200420052006 Inside OutsideInside OutsideInside Outside City City City City City City Single – Family üïèòïî üîðòèì üîíòïð üîêòëé üîêòçï üíðòçì Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ üíòêè üìòîì üíòêè üìòîì üíòêè üìòîì Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Multi-Family üïìòíé üïêòëí üïèòíî üîïòðé üîïòíì üîìòëì Þ¿» Ý¸¿®¹» øÐ»® Ë²·¬÷ üíòêè üìòîì üíòêè üìòîì üíòêè üìòîì Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Low Income Senior/Disabled Citizen üïïòîë üïîòçì üïìòíì üïêòìç üïêòéï üïçòîî Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ ÒñÝ ÒñÝ ÒñÝ ÒñÝ ÒñÝ ÒñÝ oúú÷ üíòêè üìòîì üíòêè üìòîì üíòêè üìòîì Ñª»® ë ÝÝÚ Comparison of Present and Proposed Inside City Comparison of Present and Proposed Inside City Residential Wastewater Bills at Varying Residential Wastewater Bills at Varying Consumption Levels ($/Month) Consumption Levels ($/Month) $80.00 $80.00 $60.00 $60.00 $40.00 $40.00 $20.00 $20.00 $0.00 $0.00 024681015 CCF Usage 024681015 CCF Usage $11.84 $19.20 $26.56 $33.92 $41.28 $48.64 $67.04 Present Rates $11.84 $19.20 $26.56 $33.92 $41.28 $48.64 $67.04 Present Rates $18.12 $25.48 $32.84 $40.20 $47.56 $54.92 $73.32 Proposed Rates $18.12 $25.48 $32.84 $40.20 $47.56 $54.92 $73.32 Proposed Rates 20042005200620072008200920102011 Ì±¬¿´ Í±«®½» ±º Ú«²¼ üïôðìî üïôðëî üïôðêí üïôðéì üïôðèë üïôðçê üïôïðé üïôïïç Ì±¬¿´ Î»ªò Î»¯«·®»³»²¬ ïôíèç ïôéëí ïôêçë ïôééé ïôèëí ïôçíê îôðîì îôïïç Ü»º·½·»²½§ ±º Ú«²¼ øüíìé÷ ø üéðï÷ øüêíî÷ ø üéðí÷ øüéêç÷ øüèìð÷ ø üçïé÷ øüïôððð÷ Ð´«æ ß¼¼·¬·±²¿´ Ì¿¨» øíî÷ øêë÷ øëç÷ øêë÷ øéï÷ øéè÷ øèë÷ øçí÷ Ì±¬¿´ Ü»º·½·»²½§ ±º Ú«²¼ øüíèð÷ øüéêê÷ øüêçï÷ øüéêè÷ øüèìð÷ øüçïè÷ øüïôððî÷ øüïôðçí÷ Ü»º·½·»²½§ ¿ ¿ û ±º Î¿¬» íéòðû éíòçû êêòðû éîòêû éèòêû èëòðû çïòçû ççòîû 20042005200620072008200920102011 Ð®»»²¬ ßª»®¿¹» Ó±²¬¸´§ üìòëç Î»·¼»²¬·¿´ Í¬±®³©¿¬»® Þ·´´ Proposed Stormwater Rate Adjust. 30.0% 25% 8.0% 3.0% 3.0% 3.0% 3.0% 2.0% Ð®±¶»½¬»¼ Ó±²¬¸´§ Î»·¼»²¬·¿´ Í¬±®³©¿¬»® Þ·´´ üëòçé üéòìê üèòðê üèòíð üèòëë üèòèï üçòðé üçòîë Comparative Monthly Residential Stormwater Bills MonthlyMonthly CitySW BillCitySW Bill City of Bremerton - Present Wastewater Rate$4.59City of Fircrest$5.70 - Proposed 2004 Wastewater Rate5.97City of Gig Harbor7.20 City of Puyallup9.46City of Lacey6.50 City of Sumner11.23City of Tumwater5.00 Bainbridge Island6.50City of Tacoma4.01 City of Poulsbo7.50Kitsap County3.75 City of Port Townsend6.00 PresentProposedProposedProposed Rate200420052006 Single – Family/Duplex üìòëçñß½½±«²¬ üëòçéñß½½±«²¬ üéòìëß½½±«²¬ üèòðëñß½½±«²¬ Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ Multi-Family üìòëçñ×ÍË üëòçéñ×ÍË üéòìëñ×ÍË üèòðëñ×ÍË Þ¿» Ý¸¿®¹» øÐ»® ×ÍË÷ Commercial üìòëçñ×ÍË üëòçéñ×ÍË üéòìëñ×ÍË üèòðëñ×ÍË Þ¿» Ý¸¿®¹» øÐ»® ×ÍË÷ Low Income Senior/Disabled Citizen üîòèïñß½½±«²¬ üíòêëñß½½±«²¬ üíòëðñß½½±«²¬ üíòéèñß½½±«²¬ Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ Present Ave.AVERAGE RESIDENTIAL MONTHLY BILL WITH PROPOSED RATE ADJUSTMENTS [2] [3] Utility NameMonthly Bill20042005200620072008200920102011 Water Utility - Ave. Bill$10.32$13.42$15.43$16.97$17.48$18.00$18.54$19.10$19.67 Sewer Utility - Ave. Bill32.0535.2638.0840.3640.7641.1741.5842.0042.42 Stormwater Utility Ave. Bill4.595.977.468.068.308.558.819.079.25 Combined Residential Ave. Bill$46.96$54.64$60.96$65.39$66.54$67.73$68.94$70.17$71.34 Total Monthly Change$7.68$6.32$4.43$1.15$1.18$1.21$1.23$1.17 ÅîÃ ß² ¿ª»®¿¹» ®»·¼»²¬·¿´ ·²ó½·¬§ ½«¬±³»® «» êòë ÝÝÚ ±º ©¿¬»® °»® ³±²¬¸ò ÅíÃ ß² ¿ª»®¿¹» ®»·¼»²¬·¿´ ·²ó½·¬§ ½«¬±³»® «» êòð ÝÝÚ ±º »©»® °»® ³±²¬¸ò Total CombinedStormwateCombined Utility Name WaterSewerW&SrBill Ð«§¿´´«° üîëòìé üêíòéï üèçòïè üçòìê üçèòêì Í«³²»® ïêòéï ëèòðé éìòéè ïïòîí èêòðï Þ¿·²¾®·¼¹» ×´¿²¼ ììòéë ííòðð ééòéë êòëð èìòîë Ð±«´¾± îëòðë ìèòçë éìòðð éòëð èïòëð Ð±®¬ Ì±©²»²¼ íïòéï ìðòéî éîòìí êòðð éèòìí Bremerton - Proposed 2004 Rates 16.9153.5070.415.9776.38 Ú·®½®»¬ îëòðð íçòðð êìòðð ëòéð êçòéð Bremerton - Present Rates 13.0848.2461.324.5965.91 Ù·¹ Ø¿®¾±® îðòçè íëòçé ëêòçë éòîð êìòïë Ô¿½»§ ïéòíê íçòëð ëêòèê êòëð êíòíê Õ·¬¿° Ý±«²¬§ Í»©»® ó Ò±®¬¸ Ð»®®§ É¿¬»® ïêòîð ìëòëë êïòéë ðòðð êïòéë Õ¿®½¸»® Ý®»»µ Í»©»® ó ß²²¿°±´· É¿¬»® îëòêð íêòðð êïòêð ðòðð êïòêð Ì«³©¿¬»® îðòïë íêòìë ëêòêð ëòðð êïòêð Õ·¬¿° Ý±«²¬§ Í»©»® ó Í·´ª»®¼¿´» É¿¬»® ïëòìê ìëòëë êïòðï ðòðð êïòðï Ì¿½±³¿ ïèòêë íéòíç ëêòðì ìòðï êðòðë Ú·º» îíòèë ííòéï ëéòëê Òñß ëéòëê Ñ´§³°·¿ îðòðì íêòèî ëêòèê Òñß ëêòèê Ð±®¬ Ñ®½¸¿®¼ ïçòðë îéòðð ìêòðë Òñß ìêòðë Compares the sources of funds (revenues) to the expenses of the utility to determine the overallrate adjustment required Allocates the revenue requirements to the various customer classes of service in a “fair and equitable" manner Considers both the level and structure of the rate design to collect the appropriate and targeted level of revenues Utility (Accrual) Basis Cash Basis õ ÑúÓ Û¨°»²» õ ÑúÓ Û¨°»²» õ Ì¿¨» õ Ì¿¨» ±® Ì®¿²º»® Ð¿§³»²¬ õ Ü»°®»½·¿¬·±² Û¨°»²» õ Ý¿°·¬¿´ ß¼¼·¬·±² Ú·²¿²½»¼ ©·¬¸ Î¿¬» Î»ª»²«» ø Ü»°®»½·¿¬·±² Û¨°ò÷ õ Î»¬«®² ±² ×²ª»¬³»²¬ õ Ü»¾¬ Í»®ª·½» øÐõ×÷ ã Ì±¬¿´ Î»ª»²«» Î»¯«·®»³»²¬ ã Ì±¬¿´ Î»ª»²«» Î»¯«·®»³»²¬ NNUALEVIEW OF TILITYATEEVELSTILITY RATES AND CAPITAL FEES SHALL BE REVIEWED ANNUALLY AND NECESSARY ADJUSTMENTS MADE TO REFLECT INFLATION CONSTRUCTION NEEDS MAINTAIN BOND COVENANTS AND AVOID MAJOR PERIODIC INCREASES EBTANAGEMENTHE UTILITY SHALL MINIMIZE DEPENDENCY ON DEBT FUNDING CAPITAL PROJECTSN ORDER TO AVOID MAJOR PERIODIC RATE INCREASES EACH TILITY SHALL STRIVE TO MAINTAIN ITS ANNUAL DEBT PAYMENTS AT LEVELS THAT WILL BALANCE WITH THE AMOUNT OF FUNDS BUDGETED FOR DEPRECIATION AND CAPITAL OUTLAYS FROM RATES ASHLOWPERATINGESERVESHEITY SHALL STRIVE TO MAINTAIN A CASH BALANCE OF NO LESS THAN OF TOTAL OPERATING EXPENSES FOR THE WATER WASTEWATER AND STORMWATER UTILITIES IN ORDER TO PROVIDE SUFFICENT CASH FLOW TO MEET DAILY OPERATING EXPENSES INIMUMUNDING OF APITALUTLAY FROM ATESEPRECIATIONN AMOUNT OF NOT LESS THAN OF THE UTILITYS OPERATING BUDGET SHALL BE SET ASIDE EACH YEAR TO FUND CAPITAL PROJECTS FROM RATESACH UTILITY SHALL ANNUALLY BUDGET AND FUND A REASONABLE AMOUNT OF THE COST FOR DEPRECIATION OF CAPITAL ASSETS AS AN EXPENSE WITHIN THE UTILITYS OPERATING BUDGET EVIEW OF PERATING AND AINTENANCEXPENSES HE OPERATING AND MAINTENANCE COSTS OF EACH OF THE UTILITIES SHALL BE EVALUATED AND MONITORED TO ENSURE THAT THE UTILITIES ARE OPERATING IN A COST EFFECTIVE AND ECONOMICALLY PRUDENT MANNER UNDALANCESAINTAIN FUND BALANCES WITHIN EACH UTILITY OPERATING BUDGET AT SUFFICIENT LEVELS ESTABLISHED THROUGH RATE STUDIES INIMUMEBTERVICEOVERAGEATIOHEITY SHALL STRIVE FOR A MINIMUM OF DEBT SERVICE COVERAGE WITH THE NET REVENUE OF THE COMBINED UTILITIES GROSS REVENUE OF THE UTILITIES LESS OPERATING AND MAINTENANCE EXPENSE BEING AT LEAST TIMES THE ACTUAL ANNUAL DEBT SERVICE IMBERALESEVENUESEVENUE GENERATED FROM THE SALE OF TIMBER SHALL BE USED FOR FUNDING WATER UTILITY CAPITAL IMPROVEMENTS YSTEMEVELOPMENT HARGESYSTEM DEVELOPMENT CHARGES S SHALL BE ESTABLISHED AT LEVELS TO ENSURE THAT ALL CUSTOMERS SEEKING TO CONNECT TO THE ITYS UTILITY SYSTEMS BEAR THEIR EQUITABLE SHARE OF THE COST OF BOTH THE EXISTING AND FUTURE SYSTEMS OMPREHENSIVE TILITYATETUDIESOMPREHENSIVE UTILITY RATE STUDIES SHALL BE CONDUCTED AT LEAST EVERY SIX YEARS TO UPDATE ASSUMPTIONS AND ENSURE LONGTERM SOLVENCY AND VIABILITY OF THE ITYS UTILITIES AVYTILITYERVICESONTRACTHEITY SHALL NEGOTIATE A NEW CONTRACTFORMULA WITH THE EPARTMENT OF THE AVY THAT IS EASIER TO UNDERSTAND AND AUDITHE CONTRACTFORMULA SHALL BE IN PARITY WITH OTHER RATEPAYERS AND INCLUDE THE COST OF DEPRECIATION OF ASSETS AND CAPITAL CONTRIBUTIONS õ É¿¬»® Ñ°»®¿¬·±² ¿²¼ Ó¿·²¬»²¿²½» Û¨°»²» É¿¬»® ß¼³·²·¬®¿¬·±² É¿¬»® Û²¹·²»»®·²¹ É¿¬»® Î»±«®½» É¿¬»©¿¬»® Ó¿²¿¹»® Ú±®»¬®§ õ Ì¿¨»ñÌ®¿²º»® Ð¿§³»²¬ õ Ò»¬ Ý¿°·¬¿´ ×³°®±ª»³»²¬ Ú«²¼»¼ Ú®±³ Î¿¬» ÅïÃ õ Ü»¾¬ Í»®ª·½» øÐõ×÷ Û¨·¬·²¹ ¿²¼ Ú«¬«®» ó Ý¸¿²¹» ·² É±®µ·²¹ Ý¿°·¬¿´ ã Ì±¬¿´ É¿¬»® Î»ª»²«» Î»¯«·®»³»²¬ [1] Net Capital Improvements Funded From Rates õ Ì±¬¿´ É¿¬»® Ý¿°·¬¿´ ×³°®±ª»³»²¬ Ð®±¶»½¬ o÷ÈÏÙÔÏÖêÎÈËÚØÊîÉÕØËéÕÜÏëÜÉØÊ Í§¬»³ Ü»ª»´±°³»²¬ Ý¸¿®¹» Ì·³¾»® Í¿´» Ù®¿²¬ Ô±©ó×²¬»®»¬ Í¬¿¬» Ô±¿² Ô±²¹ Ì»®³ Ü»¾¬ ×«» ã Ò»¬ É¿¬»® Ý¿°·¬¿´ ×³°®±ª»³»²¬ Ú«²¼»¼ Ú®±³ Î¿¬» Retail - City $2,086 Retail - City $2,086 Retail - County $1,324 Retail - County $1,324 Firelines Firelines PSNS PSNS 84 $1,004Wholesale 84 $1,004Wholesale CCOUNTINGERMINOLOGY OF EPRECIATION ï EPRECIATIONAPITAL MPROVEMENTUNDING AND ATES ï üÈÉÔÑÔÉÄÐÜÄÜÑÊÎÏØØÙÉÎÐÜÒØmËØÖÈÑÜÉÎËÄlÎËmÐÜÏÙÜÉØÙlÔÐÍËÎÇØÐØÏÉÊéÕØÊØÐÜÄÛØËØÌÈÔËØÙÛÄ÷ØÙØËÜÑÎË Í¬¿¬» ´»¹·´¿¬·±² ø»ò¹ò Í¿º» Ü®·²µ·²¹ É¿¬»® ß½¬÷ò 20042005200620072008200920102011 Þ»¹·²²·²¹ Ú«²¼ Þ¿´¿²½» üð üéîç üïôîëî üïôéðí üïôîçé üçïé üîíî üèéê Ì±¬¿´ Ý¿°·¬¿´ Ð®±¶»½¬ üìôïìè üíôëçé üïôêìè üîôëðé üîôëèð üîôèïì üïôëïè üîôîêè [1] Ô»æ Ú«²¼·²¹ Í±«®½» ß²²«¿´ Î¿¬» Ú«²¼»¼ Ý¿°·¬¿´ üëðð üêðð üéðð üèðð üïôððð üïôðíð üïôðêï üïôðçí Í§¬»³ Ü»ª»´±°³»²¬ Ý¸¿®¹» ïðð ïðð ïðð ïðð ïðð ïðð ïðð ïðð Ì·³¾»® Í¿´» ïôëðð ïôìðð ïôíðð ïôîðð ïôïðð ïôððð ïôððð ïôððð Í¿´» ±º ß»¬ ð ð ð ð ð ð ð ð Ù®¿²¬ èðð ð ð ð ð ð ð ð êÉÜÉØñÎÜÏoùæêë÷ ×²¬»®º«²¼ Ô±¿² Ð¿§³»²¬ ïê ð ð ð ð ð ð ð Î»ª»²«» Þ±²¼ ð ð ð ð ð ð ð ð Ì±¬¿´ Ñ«¬·¼» Ú«²¼·²¹ üìôèéê üìôïîð üîôïðð üîôïðð üîôîðð üîôïíð üîôïêï üîôïçí Û²¼·²¹ Ý¿°·¬¿´ Î»»®ª» [2] üéîç üïôîëî üïôéðì üïôîçé üçïé üîíí üèéê üèðð [1] – Detail of the water capital improvement projects can be found in the Water Technical Appendices [2] – Target ending reserve is 1.5% of original plant value or $785,000. 20042005200620072008200920102011 Sources of Funds - Î»¬¿·´ É¿¬»® Í¿´» üíôêðë üíôêìï üíôêéé üíôéïì üíôéëï üíôéèç üíôèîê üíôèêë ÐÍÒÍ É¿¬»® Í¿´» ïôððì ïôðîè ïôðíè ïôðìç ïôðëç ïôðéð ïôðèð ïôðçï Ñ¬¸»® Ó·½ò Î»ª»²«» ééì êíç êìì êìç êëë êêð êêë êéï Ì±¬¿´ Í±«®½» ±º Ú«²¼ üëôíèí üëôíðè üëôíëç üëôìïî üëôìêë üëôëïè üëôëéî üëôêîê Applications of Funds - Ñ°»®¿¬·±² ú Ó¿·²¬ò Û¨°ò üëôïéî üëôîçì üëôëìè üëôèïç üêôïïð üêôìîð üêôéëî üéôïðè Ì¿¨»ñÌ®¿²º»® çîé êêé êêì êêï êëè êëë êêï êêé Ý¿°·¬¿´ Ñ«¬´¿§ Ú³ Î¿¬» ëðð êðð éðð èðð ïôððð ïôðíð ïôðêï ïôðçí Ü»¾¬ Í»®ª·½» íðç ìïé ìïî ìðè ìðí íçç íçë íçð Ì±¬¿´ Î»ªò Î»¯«·®»³»²¬ üêôçðç üêôçéé üéôíîì üéôêèè üèôïéï üèôëðë üèòèêç üçôîëè Ü»º·½·»²½§ ±º Ú«²¼ øüïôëîê÷ øüïôêéð÷ øüïôçêë÷ øüîôîéê÷ øüîôéðé÷ øüîôçèé÷ øüíôîçé÷ øüíôêíî÷ Ð´«æ ß¼¼·¬·±²¿´ Ì¿¨» øîíç÷ øîêï÷ øíðé÷ øíëê÷ øìîí÷ øìêé÷ øëïê÷ øëêè÷ Ì±¬¿´ Ü»º·½·»²½§ ±º Ú«²¼ øüïôéêë÷ øüïôçíï÷ øüîôîéî÷ øüîôêíí÷ øüíôïíð÷ øüíôìëì÷ øüíôèïí÷ øüìôîðð÷ Ü»º·½·»²½§ ¿ ¿ û ±º Î¿¬» íèòíû ìïòìû ìèòîû ëëòíû êëòïû éïòïû ééòéû èìòéû 75% O&M 75% O&M Taxes/Transfers Taxes/Transfers Debt Service Debt Service CIP from Rates CIP from Rates 9% 10% 6% 9% 10% 6% 77% 77% O&M O&M Taxes/Transfers Taxes/Transfers Debt Service Debt Service CIP from Rates CIP from Rates 7% 12% 4% 7% 12% 4% î î þÔ»¹¿´´§þ ¿ «»¼ ¸»®»·²ô ®»º»® ¬± ¬¸» ½±²¬®¿½¬«¿´ ¿¹®»»³»²¬ ¾»¬©»»² ¾±²¼¸±´¼»® ¿²¼ ¬¸» «¬·´·¬§ ¬± ¿«®» ®»°¿§³»²¬ ±º ¬¸» ¾±²¼ô ¿²¼ ¬± º·²¿²½·¿´´§ ±°»®¿¬» ¬¸» «¬·´·¬§ ·² «½¸ ¿ ³¿²²»® ¿ ¬± ³¿·²¬¿·² ¬¸» «¬·´·¬§ù ¼»¾¬ »®ª·½» ½±ª»®¿¹» ®¿¬·± ¿¾±ª» ¿ °»½·º·»¼ ³·²·³«³ò Ì¸· ³·²·³«³ ¼»¾¬ »®ª·½» ½±ª»®¿¹» ®¿¬·± · ¿ °»½·º·»¼ ½±ª»²¿²¬ ±º ¬¸» ¾±²¼ ±®¼·²¿²½» ±® ¾±²¼ ®»±´«¬·±²ò 20042005200620072008200920102011 Water DSC Ratios – All Debt Þ»º±®» Î¿¬» ß¼¶«¬³»²¬ ëòðë íòðé îòíê ïòêð ðòéè ðòðð ðòðð ðòðð ßº¬»® Î¿¬» ß¼¶«¬³»²¬ ïðòéê éòéï éòéè èòðê èòëí èòëì èòèí çòïì Combined Utility DSC Ratios Þ»º±®» Î¿¬» ß¼¶«¬³»²¬ ïòîé ïòðé ðòçç ðòçð ïòéï ïòíï ïòðè ðòèê ßº¬»® Î¿¬» ß¼¶«¬³»²¬ ïòçê ïòçê ïòçé ïòçè ìòíî íòèé íòçî íòèç 20042005200620072008200920102011 Ð®»»²¬ ßª»®¿¹» Ó±²¬¸´§ üïíòðï Î»·¼»²¬·¿´ É¿¬»® Þ·´´ Proposed Water Rate Adjustments 30.0% 15.0% 10.0% 3.0% 3.0% 3.0% 3.0% 3.0% Ð®±¶»½¬»¼ ßª»®¿¹» Ó±²¬¸´§ Î»·¼»²¬·¿´ É¿¬»® Þ·´´ üïêòçï üïçòìë üîïòìð üîîòðì üîîòéð üîíòíè üîìòðè üîìòèð ü Ý¸¿²¹» Ð»® Ó±²¬¸ üíòçð üîòëì üïòçë üðòêì üðòêê üðòêè üðòéð üðòéî Ý«³«´¿¬·ª» ü Ý¸¿²¹» Ð»® Ó±²¬¸ üíòçð üêòìì üèòíç üçòðí üçòêç üïðòíé üïïòðé üïïòéç Comparative Monthly Residential Water Bills Assuming 10 CCF of Use (7,500 gallons) Comparative Monthly Residential Water Bills Assuming 10 CCF of Use (7,500 gallons) MonthlyMonthly MonthlyMonthly CityWater BillCityWater Bill CityWater BillCityWater Bill City of Bremerton City of Bremerton - Present Water Rate**$13.01City of Lacey$17.36 - Present Water Rate**$13.01City of Lacey$17.36 - Proposed 2004 Water Rate16.91North Perry Water16.20 - Proposed 2004 Water Rate16.91North Perry Water16.20 City of Puyallup25.47Annapolis Water25.60 City of Puyallup25.47Annapolis Water25.60 City of Sumner16.71City of Tumwater20.15 City of Sumner16.71City of Tumwater20.15 Bainbridge Island44.75Kitsap Co. Sewer - Silverdale Water15.46 Bainbridge Island44.75Kitsap Co. Sewer - Silverdale Water15.46 City of Poulsbo25.05City of Tacoma18.65 City of Poulsbo25.05City of Tacoma18.65 City of Port Townsend31.71City of Fife23.85 City of Port Townsend31.71City of Fife23.85 City of Fircrest25.00City of Olympia20.04 City of Fircrest25.00City of Olympia20.04 City of Gig Harbor20.98City of Port Orchard19.05 City of Gig Harbor20.98City of Port Orchard19.05 UNCTIONALIZATION LASSIFICATION LLOCATION OMMODITY OSTS APACITY OSTS IRE ROTECTION OSTS USTOMER OSTS IRECT SSIGNMENT USTOMER LASSES OF ERVICE ActualWeightedFireDirect Commodity Capacity Customer Customer Protection Assignment êÎÈËÚØÎ×êÈÍÍÑÄ oooo éËØÜÉÐØÏÉ ooooo êÉÎËÜÖØ ooo éËÜÏÊÐÔÊÊÔÎÏo oooo íÈÐÍÔÏÖo oooo ðÜÔÏÊo o o ðØÉØËÊêØËÇÔÚØÊooo oo õÄÙËÜÏÉÊoooo o Present Rate Allocated $% RevenuesCostsDifferenceDifference ëØÉÜÔÑoôÏÊÔÙØ ëØÉÜÔÑoîÈÉÊÔÙØ Ð«¹»¬ Í±«²¼ Ò¿ª¿´ Í¸·°§¿®¼ ïôððì ïôíçê øíçî÷ íçòðû É¸±´»¿´» ïïð ïîì øïì÷ ïîòçû Ú·®»´·²» èì ïðî øïè÷ îïòïû Total $4,609 $6,374 ($1,764) 38.3% í í Ì¸» ÐÍÒÍ · ¿ ½±²¬®¿½¬«¿´ ½«¬±³»® ¿²¼ ¬¸» º·²¿´ ®¿¬» ¬± ¾» °¿·¼ ©·´´ ¾» ²»¹±¬·¿¬»¼ ¾»¬©»»² ¬¸» Ý·¬§ ¿²¼ ¬¸» Ò¿ª§ò Ì¸» Ý·¬§ ¿²¼ Ò¿ª§ ¼»·®» ¬± ²»¹±¬·¿¬» ¿ ²»© ¿¹®»»³»²¬ ¾»¬©»»² ¬¸» °¿®¬·»ò Ð»® URS NIFORMATETRUCTURE Ë²·¬ The cost per unit of consumption under a uniform rate Ý±¬ structure does not increase or decrease with additional units of consumption ¿¹» Ë Ð»® DBRS ECLINING LOCK ATETRUCTURE Ë²·¬ The cost per unit of consumption under a declining block Ý±¬ rate structure decreases with additional units of consumption ¿¹» Ë Ð»® IBRS NVERTEDLOCK ATETRUCTURE Ë²·¬ The cost per unit of consumption under an inverted block Ý±¬ rate structure increases with additional units of consumption ¿¹» Ë 200420052006 Ð®±°±»¼ ß²²«¿´ Î¿¬» ß¼¶«¬³»²¬ íðòðû ïëòðû ïðòðû Inside City Limits Outside City Limits Service (Meter) Charge (Monthly) l ðÎÏÉÕðÎÏÉÕ l l l l l l l l l [1] Consumption Charge ($/CCF) ß´´ Ý±²«³°¬·±² üðòééñÝÝÚ üïòïëñÝÝÚ â àoüúú÷Î×ÆÜÉØË îÏØõÈÏÙËØÙúÈÛÔÚ÷ØØÉ ±º É¿¬»®ò ï ÝÝÚ ±º É¿¬»® ã éìè ¹¿´´±² Inside City Limits Outside City Limits Service (Meter) Charge (Monthly) Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ üëòíïñÓ±²¬¸ üéòçêñÓ±²¬¸ Consumption Charge ($/CCF) o úú÷ïÎúÕÜËÖØïÎúÕÜËÖØ Ñª»® ïð ÝÝÚ üðòéé ÝÝÚ üïòïëñÝÝÚ Inside City Limits Outside City Limits Service Charge (Monthly) l ðÎÏÉÕ ðÎÏÉÕ l l l l l l l l Consumption Charge ($/CCF) ß´´ Ò±²óÚ·®»º·¹¸¬·²¹ Ë¿¹» üïòëíñÝÝÚ üîòíðñÝÝÚ 200420052006 InsideOutsideInsideOutsideInsideOutside CityCityCityCityCityCity Service (Meter) Charge (Monthly) l l l l l l l l ïôíèïòïç ïôðïîòèé ïôëïçòíï l ëí ìôçíïòíð íôêïêòîè ëôìîìòìî l çï ïèôëìîòèé ïíôëçèòïð îðôíçéòïë [1] Consumption Charge ($/CCF) Î»·¼»²¬·¿´ Ý±²«³°¬·±² Ý¸¿®¹» o úú÷ Ñª»® ïð ÝÝÚ ðòçé ïòìê ïòïî ïòêè ïòîí ïòèë Ò±²óÎ»·¼»²¬·¿´ Ý±²«³°¬ò Ý¸¿®¹» ß´´ Ý±²«³°¬·±² ðòçì ïòìï ïòðè ïòêî ïòïç ïòéç â àoüúú÷Î×ÆÜÉØË îÏØõÈÏÙËØÙúÈÛÔÚ÷ØØÉ ±º É¿¬»®ò ï ÝÝÚ ±º É¿¬»® ã éìè ¹¿´´±² 200420052006 InsideOutsideInsideOutsideInsideOutside CityCityCityCityCityCity Service (Meter) Charge (Monthly) Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ üèòðî üïîòðí üçòîî ïíòèí üïðòïì ïëòîï ] Consumption Charge ($/CCF) Î»·¼»²¬·¿´ Ý±²«³°¬·±² Ý¸¿®¹» oúú÷ Ò± Ý¸¿®¹» Ò± Ý¸¿®¹» Ò± Ý¸¿®¹» Ò± Ý¸¿®¹» Ò± Ý¸¿®¹» Ò± Ý¸¿®¹» o úú÷ Ñª»® ïð ÝÝÚ ðòçé ïòìê ïòïî ïòêè ïòîí ïòèë 200420052006 InsideOutsideInsideOutsideInsideOutside CityCityCityCityCityCity Service (Meter) Charge (Monthly) l l l l l l l l l Consumption Charge ($/CCF) ß´´ Ò±²óÚ·®»º·¹¸¬·²¹ Ë¿¹» üïòèè üîòèî üîòïê üíòîì üîòíè üíòëé õ É¿¬»©¿¬»® Ñ°»®¿¬·±² ¿²¼ Ó¿·²¬»²¿²½» Û¨°»²» É¿¬»® Î»±«®½» É¿¬»©¿¬»® Ó¿²¿¹»® Ë¬·´·¬§ Ñ°»®¿¬·±² É¿¬»©¿¬»® ß¼³·²·¬®¿¬·±² É¿¬»©¿¬»® Û²¹·²»»®·²¹ õ Ì¿¨»ñÌ®¿²º»® Ð¿§³»²¬ õ Ò»¬ Ý¿°·¬¿´ ×³°®±ª»³»²¬ Ú«²¼»¼ Ú®±³ Î¿¬» ÅïÃ õ Ü»¾¬ Í»®ª·½» øÐõ×÷ Û¨·¬·²¹ ¿²¼ Ú«¬«®» ó Ý¸¿²¹» ·² É±®µ·²¹ Ý¿°·¬¿´ ã Ì±¬¿´ É¿¬»©¿¬»® Î»ª»²«» Î»¯«·®»³»²¬ [1] Net Capital Improvements Funded From Rates õ Ì±¬¿´ É¿¬»©¿¬»® Ý¿°·¬¿´ ×³°®±ª»³»²¬ Ð®±¶»½¬ o÷ÈÏÙÔÏÖêÎÈËÚØÊîÉÕØËéÕÜÏëÜÉØÊ Í§¬»³ Ü»ª»´±°³»²¬ Ý¸¿®¹» Ù®¿²¬ Ô±©ó×²¬»®»¬ Í¬¿¬» Ô±¿² Ô±²¹ Ì»®³ Ü»¾¬ ×«» ã Ò»¬ É¿¬»©¿¬»® Ý¿°·¬¿´ ×³°®±ª»³»²¬ Ú«²¼»¼ Ú®±³ Î¿¬» Residential $178 $234 Residential $931 $178 $234 $931 Multi-Family $1,796 Multi-Family $1,796 Commercial I Commercial I Commercial II $3,034 Commercial II $3,034 Commercial III Commercial III $2,904 $2,904 PSNS PSNS 20042005200620072008200920102011 Þ»¹·²²·²¹ Ú«²¼ Þ¿´¿²½» üð üêèé üìëí üð üð üîôêèè üíôëèì üïôèìè Ì±¬¿´ Ý¿°·¬¿´ Ð®±¶»½¬ üíôîçë üìôïèð üìôéïç üîôððë üíôéîð üîôìéð üëôðéð üíôðéð [1] Ô»æ Ú«²¼·²¹ Í±«®½» ß²²«¿´ Î¿¬» Ú«²¼»¼ Ý¿°·¬¿´ üêðð üéîë üéëð üéëð üîôîðð üîôîêê üîôííì üîôìðí Í§¬»³ Ü»ª»´±°³»²¬ Ý¸¿®¹» ïðð ïðð ïðð ïðð ïðð ïðð ïðð ïðð Î»ª»²«» Þ±²¼ ð ð ð ð ð ð ð ð ÐÉÌÚ Ô±¿² ççî íèð ëéð êçð îôéðè ð ð ð ÍÎÚ Ô±¿² ïôçèð ìë èðð ð ð ð ð ð Ì®¿²º»® º®±³ Í¬±®³©¿¬»® ïðð ïðð ïðð ïðð ïðð ïðð ïðð ïðð ÛÐß Ù®¿²¬ îïð îôëçê ïôêíð ð ð ð ð ð Ò»© Ô±¿² ð ð íïê íêë ð ð ð ð Ì±¬¿´ Ñ«¬·¼» Ú«²¼·²¹ üíôçèî üíôçìê üìôîêê üîôððë üëôïðè üîôìêê üîôëíì üîôêðì Û²¼·²¹ Ý¿°·¬¿´ Î»»®ª» [2] üêèé üìëí üð üð üîôêèè üíôëèì üïôèìè üïôèèï [1] – Detail of capital improvement projects can be found in the Wastewater Technical Appendices [2] – Target ending reserve is 1.5% of original plant value or $1,415,000 20042005200620072008200920102011 Sources of Funds - Î»¬¿·´ É¿¬»©¿¬»® Í¿´» üéôîèï üéôíëì üéôìîé üéôëðî üéôëéé üéôêëî üéôéîç üéôèðê ÐÍÒÍ É¿¬»©¿¬»® Í¿´» ïôéçê ïôèïï ïôèïï ïôèïï ïôèïï ïôèïï ïôèïï ïôèïï Ñ¬¸»® Ó·½ò Î»ª»²«» íîê ïíï ïíî ïíí ïíë ïíê ïíé ïíç Ì±¬¿´ Í±«®½» ±º Ú«²¼ üçôìðí üçôîçë üçôíéð üçôììê üçôëîî üçôëçç üçôêéé üçôéëê Applications of Funds - Ñ°»®¿¬·±² ú Ó¿·²¬ò Û¨°ò üìôíèî üìôêîç üìôèìð üìôçêë üëôîðë üëôìêî üëôèíê üêôïíð Ì¿¨»ñÌ®¿²º»® èèë èêì èéî èèð èèè èçé çðë çïì Ý¿°·¬¿´ Ñ«¬´¿§ Ú³ Î¿¬» êðð éîë éëð éëð îôîðð îôîêê îôííì îôìðì Ü»¾¬ Í»®ª·½» ìôêêë ìôéêé ìôèíð ìôèìè îôðíé îôíïì îôíðì îôîçí Ý¸¿²¹» ·² É±®µ·²¹ Ý¿°·¬¿´ ð ð ð ð ïôíðð çðð èðð ëðð Ì±¬¿´ Î»ªò Î»¯«·®»³»²¬ üïðôëíî üïðôçèì üïïôîçî üïïôììí üïïôêíð üïïôèíç üïîôïéç üïîôîìð Ü»º·½·»²½§ ±º Ú«²¼ øüïôïîç÷ øüïôêèç÷ øüïôçîî÷ øüïôççè÷ øüîôïðè÷ øüîôîìð÷ øüîôëðî÷ øüîôìèë÷ Ð´«æ ß¼¼·¬·±²¿´ Ì¿¨» øïëç÷ øîíè÷ øîéï÷ øîèî÷ øîçé÷ øíïê÷ øíëí÷ øíëð÷ Ì±¬¿´ Ü»º·½·»²½§ ±º Ú«²¼ øüïôîèç÷ øüïôçîé÷ øüîôïçí÷ øüîôîéç÷ øüîôìðë÷ øüîôëëê÷ øüîôèëë÷ øüîôèíë÷ Ü»º·½·»²½§ ¿ ¿ û ±º Î¿¬» ïìòîû îïòðû îíòéû îìòëû îëòêû îéòðû îçòçû îçòëû 8% 8% O&M O&M Taxes/Transfers Taxes/Transfers Debt Service 42%Debt Service 44% 42% 44% CIP from Rates CIP from Rates 6% 6% 8%O&M 8%O&M 52% 52% Taxes/Transfers Taxes/Transfers Debt Service Debt Service 20% 20% CIP from Rates CIP from Rates 20% 20% 20042005200620072008200920102011 Wastewater DSC Ratios – All Debt Þ»º±®» Î¿¬» ß¼¶«¬³»²¬ ïòðì ðòçë ðòçï ðòèç îòðë ïòéî ïòêð ïòëî ßº¬»® Î¿¬» ß¼¶«¬³»²¬ ïòíî ïòíë ïòíê ïòíê íòîí îòèí îòèì îòéë Combined Utility DSC Ratios Þ»º±®» Î¿¬» ß¼¶«¬³»²¬ ïòîé ïòðé ðòçç ðòçð ïòéï ïòíï ïòðè ðòèê ßº¬»® Î¿¬» ß¼¶«¬³»²¬ ïòìì ïòêì ïòéî ïòêç íòëê íòïï íòðî îòçë 20042005200620072008200920102011 Ð®»»²¬ ßª»®¿¹» Ó±²¬¸´§ üìèòêì Î»·¼»²¬·¿´ É¿¬»©¿¬»® Þ·´´ Proposed Wastewater Rate Adjust. 10.0% 8.0% 6.0% 1.0% 1.0% 1.0% 1.0% 1.0% Ð®±¶»½¬»¼ ßª»®¿¹» Ó±²¬¸´§ Î»·¼»²¬·¿´ É¿¬»©¿¬»® Þ·´´ üëíòëð üëéòéè üêïòîë üêïòèê üêîòìè üêíòïð üêíòéí üêìòíé ü Ý¸¿²¹» Ð»® Ó±²¬¸ üìòèê üìòîè üíòìé üðòêï üðòêî üðòêî üðòêí üðòêì Ý«³«´¿¬·ª» ü Ý¸¿²¹» Ð»® Ó±²¬¸ üìòèê üçòïì üïîòêï üïíòîî üïíòèì üïìòìê üïëòðç üïëòéí Comparative Monthly Residential Wastewater Bills Assuming 10 CCF of Use (7,500 gallons) Comparative Monthly Residential Wastewater Bills Assuming 10 CCF of Use (7,500 gallons) MonthlyMonthly MonthlyMonthly CitySewer BillCitySewer Bill CitySewer BillCitySewer Bill City of Bremerton City of Bremerton - Present Wastewater Rate$48.64City of Lacey$39.50 - Present Wastewater Rate$48.64City of Lacey$39.50 - Proposed 2004 Wastewater Rate53.50Karcher Creek Sewer - North Perry Water45.55 - Proposed 2004 Wastewater Rate53.50Karcher Creek Sewer - North Perry Water45.55 City of Puyallup63.71Karcher Creek Sewer - Annapolis Water36.00 City of Puyallup63.71Karcher Creek Sewer - Annapolis Water36.00 City of Sumner58.07City of Tumwater36.45 City of Sumner58.07City of Tumwater36.45 Bainbridge Island33.00Kitsap Co. Sewer - Silverdale Water45.55 Bainbridge Island33.00Kitsap Co. Sewer - Silverdale Water45.55 City of Poulsbo48.95City of Tacoma37.39 City of Poulsbo48.95City of Tacoma37.39 City of Port Townsend40.72City of Fife33.71 City of Port Townsend40.72City of Fife33.71 City of Fircrest39.00City of Olympia36.82 City of Fircrest39.00City of Olympia36.82 City of Gig Harbor35.97City of Port Orchard27.00 City of Gig Harbor35.97City of Port Orchard27.00 OLUMEOSTS TRENGTHOSTS USTOMEROSTS IRECTSSIGNMENT Present Rate Allocated $% RevenuesCostsDifferenceDifference ëØÊÔÙØÏÉÔÜÑoôÏÊÔÙØ ëØÊÔÙØÏÉÔÜÑoîÈÉÊÔÙØ ðÈÑÉÔ÷ÜÐÔÑÄoôÏÊÔÙØ ðÈÑÉÔ÷ÜÐÔÑÄoîÈÉÊÔÙØ Ý±³³»®½·¿´ × çíï ïôðîé øçé÷ ïðòìû Ý±³³»®½·¿´ ×× ïéè ïçð øïï÷ êòìû Ý±³³»®½·¿´ ××× îíë îéì øíç÷ ïêòèû Ð«¹»¬ Í±«²¼ Ò¿ª¿´ Í¸·°§¿®¼ ïôéçê îôðéï øîéë÷ ïëòíû Total $9,077 $10,366 ($1,289) 14.2% 200420052006 Ð®±°±»¼ ß²²«¿´ Î¿¬» ß¼¶«¬³»²¬ ïðòðû èòðû êòðû Inside City Residential Outside City Residential Single – Family üïïòèìñß½½«²¬ üïíòëèñß½½«²¬ Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ üíòêèñÝÝÚ üìòîìñÝÝÚ Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Duplex on 1 Meter or 2 Bldgs on 1 Meter üçòíçñË²·¬ üïðòèîñË²·¬ Þ¿» Ý¸¿®¹» øÐ»® Ë²·¬÷ üíòêèñÝÝÚ üìòîìñÝÝÚ Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Multi-Family üçòíçñË²·¬ üïðòèîñË²·¬ Þ¿» Ý¸¿®¹» øÐ»® Ë²·¬÷ üíòêèñÝÝÚ üìòîìñÝÝÚ Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Commercial I üïéòëïñß½½±«²¬ üîðòïêß½½±«²¬ Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ üíòéèñÝÝÚ üìòíìñÝÝÚ Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Commercial II üïéòèîñß½½±«²¬ üîðòëîñß½½±«²¬ Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ üëòçîñÝÝÚ üêòèïñÝÝÚ Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Commercial III üïéòêêñß½½±«²¬ üîðòíîñß½½±«²¬ Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ üìòèëñÝÝÚ üëòëéñÝÝÚ Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Low Income Senior/Disabled Citizen üéòíëñß½½½±«²¬ üèòìéñß½½½±«²¬ Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Ò± Ý¸¿®¹» Ò± Ý¸¿®¹» oúú÷ üíòêèñÝÝÚ üìòîìñÝÝÚ Ñª»® ë ÝÝÚ Septage Disposal üðòïíñ¹¿´´±² üðòïíñ¹¿´´±² Ð»® Ù¿´´±² ±º Ì¿²µ Ý¿°¿½·¬§ 200420052006 I/CO/CI/CO/CI/CO/C Single – Family üïèòïî üîðòèì üîíòïð üîêòëé üîêòçï üíðòçì Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ üíòêè üìòîì üíòêè üìòîì üíòêè üìòîì Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Duplex on 1 Meter or 2 Bldgs on 1 Meter üïìòíé üïêòëí üïèòíî üîïòðé üîïòíì üîìòëì Þ¿» Ý¸¿®¹» øÐ»® Ë²·¬÷ üíòêè üìòîì üíòêè üìòîì üíòêè üìòîì Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Multi-Family üïìòíé üïêòëí üïèòíî üîïòðé üîïòíì üîìòëì Þ¿» Ý¸¿®¹» øÐ»® Ë²·¬÷ üíòêè üìòîì üíòêè üìòîì üíòêè üìòîì Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Commercial I üîêòéç üíðòèï üíìòïê üíçòîè üíçòèð üìëòéé Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ üíòéè üìòíì üíòéè üìòíì üíòéè üìòíì Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Commercial II üîéòîê üíïòíë üíìòéê üíçòçé üìðòëð üìêòëè Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ üëòçî üêòèï üëòçî üêòèï üëòçî üêòèï Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Commercial III üîéòðî üíïòðé üíìòìë üíçòêî üìðòïí üìêòïë Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ üìòèë üëòëé üìòèë üëòëé üìòèë üëòëé Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ Low Income Senior/Disabled Citizen üïïòîë üïîòçì üïìòíì üïêòìç üïêòéï üïçòîî Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ Ý±³³±¼·¬§ Ý¸¿®¹» øüñÝÝÚ÷ ÒñÝ ÒñÝ ÒñÝ ÒñÝ ÒñÝ ÒñÝ oúú÷ üíòêè üìòîì üíòêè üìòîì üíòêè üìòîì Ñª»® ë ÝÝÚ Septage Disposal üðòïì üðòïì üðòïë üðòïë üðòïé üðòïé Ð»® Ù¿´´±² ±º Ì¿²µ Ý¿°¿½·¬§ $80.00 $80.00 $60.00 $60.00 $40.00 $40.00 $20.00 $20.00 $0.00 $0.00 024681015 CCF Usage 024681015 CCF Usage $11.84 $19.20 $26.56 $33.92 $41.28 $48.64 $67.04 Present Rates $11.84 $19.20 $26.56 $33.92 $41.28 $48.64 $67.04 Present Rates $18.12 $25.48 $32.84 $40.20 $47.56 $54.92 $73.32 Proposed Rates $18.12 $25.48 $32.84 $40.20 $47.56 $54.92 $73.32 Proposed Rates õ Í¬±®³©¿¬»® Ñ°»®¿¬·±² ¿²¼ Ó¿·²¬»²¿²½» Û¨°»²» Í¬±®³©¿¬»® Î»±«®½» Ë¬·´·¬§ Ñ°»®¿¬·±² Í¬±®³©¿¬»® ß¼³·²·¬®¿¬·±² Í¬±®³©¿¬»® Û²¹·²»»®·²¹ õ Ì¿¨»ñÌ®¿²º»® Ð¿§³»²¬ õ Ò»¬ Ý¿°·¬¿´ ×³°®±ª»³»²¬ Ú«²¼»¼ Ú®±³ Î¿¬» ÅïÃ õ Ü»¾¬ Í»®ª·½» øÐõ×÷ Û¨·¬·²¹ ¿²¼ Ú«¬«®» ã Ì±¬¿´ Í¬±®³©¿¬»® Î»ª»²«» Î»¯«·®»³»²¬ [1] Net Capital Improvements Funded From Rates õ Ì±¬¿´ Í¬±®³©¿¬»® Ý¿°·¬¿´ ×³°®±ª»³»²¬ Ð®±¶»½¬ o÷ÈÏÙÔÏÖêÎÈËÚØÊîÉÕØËéÕÜÏëÜÉØÊ Î»»®ª» Ù®¿²¬ Ô±¿² Ô±²¹ Ì»®³ Ü»¾¬ ×«» ã Ò»¬ Ý¿°·¬¿´ ×³°®±ª»³»²¬ Ú«²¼»¼ Ú®±³ Í¬±®³©¿¬»® Î¿¬» 20042005200620072008200920102011 Þ»¹·²²·²¹ Ú«²¼ Þ¿´¿²½» üð üð üð üð üð üð üð üð Ì±¬¿´ Ý¿°·¬¿´ Ð®±¶»½¬ üïèð üíëë üíëë üíêë üíêë üíêë üíêë üíêë [1] Ô»æ Ú«²¼·²¹ Í±«®½» ß²²«¿´ Î¿¬» Ú«²¼»¼ Ý¿°·¬¿´ üïèð üíëë üíëë üíêë üíêë üíêë üíêë üíêë Í§¬»³ Ü»ª»´±°³»²¬ Ý¸¿®¹» ð ð ð ð ð ð ð ð Î»ª»²«» Þ±²¼ ð ð ð ð ð ð ð ð ÐÉÌÚ Ô±¿² ð ð ð ð ð ð ð ð ÍÎÚ Ô±¿² ð ð ð ð ð ð ð ð Ì±¬¿´ Ñ«¬·¼» Ú«²¼·²¹ üïèð üíëë üíëë üíêë üíêë üíêë üíêë üíêë Û²¼·²¹ Ý¿°·¬¿´ Î»»®ª» [2] üð üð üð üð üð üð üð üð [1] – Detail of capital improvement projects can be found in the Stormwater Technical Appendices [2] – Target ending reserve is 1.5% of original plant value or $25,000 20042005200620072008200920102011 Sources of Funds - Í¬±®³©¿¬»® Î¿¬» Î»ª»²«» üïôðîé üïôðíé üïôðìè üïôðëè üïôðêç üïôðéç üïôðçð üïôïðï Ñ¬¸»® Ó·½ò Î»ª»²«» ïë ïë ïê ïê ïê ïé ïé ïè Ì±¬¿´ Í±«®½» ±º Ú«²¼ üïôðìî üïôðëî üïôðêí üïôðéì üïôðèë üïôðçê üïôïðé üïôïïç Applications of Funds - Ñ°»®¿¬·±² ú Ó¿·²¬ò Û¨°ò üïôðèí üïôîçë üïôîíê üïôíðê üïôíèî üïôìêí üïôëëð üïôêìì Ì¿¨»ñÌ®¿²º»® ïîê ïðì ïðë ïðê ïðé ïðè ïðç ïïð Ý¿°·¬¿´ Ñ«¬´¿§ Ú³ Î¿¬» ïèð íëë íëë íêë íêë íêë íêë íêë Ü»¾¬ Í»®ª·½» ð ð ð ð ð ð ð ð Ì±¬¿´ Î»ªò Î»¯«·®»³»²¬ üïôíèç üïôéëí üïôêçë üïôééé üïôèëí üïôçíê üîôðîì üîôïïç Ü»º·½·»²½§ ±º Ú«²¼ øüíìé÷ ø üéðï÷ øüêíî÷ ø üéðí÷ øüéêç÷ øüèìð÷ ø üçïé÷ øüïôððð÷ Ð´«æ ß¼¼·¬·±²¿´ Ì¿¨» øíî÷ øêë÷ øëç÷ øêë÷ øéï÷ øéè÷ øèë÷ øçí÷ Ì±¬¿´ Ü»º·½·»²½§ ±º Ú«²¼ øüíèð÷ øüéêê÷ øüêçï÷ øüéêè÷ øüèìð÷ øüçïè÷ øüïôððî÷ øüïôðçí÷ Ü»º·½·»²½§ ¿ ¿ û ±º Î¿¬» íéòðû éíòçû êêòðû éîòêû éèòêû èëòðû çïòçû ççòîû 20042005200620072008200920102011 Ð®»»²¬ ßª»®¿¹» Ó±²¬¸´§ üìòëç Î»·¼»²¬·¿´ Í¬±®³©¿¬»® Þ·´´ Proposed Stormwater Rate Adjust. 30.0% 25.0% 8.0% 3.0% 3.0% 3.0% 3.0% 2.0% Ð®±¶»½¬»¼ Ó±²¬¸´§ Î»·¼»²¬·¿´ Í¬±®³©¿¬»® Þ·´´ üëòçé üéòìê üèòðê üèòíð üèòëë üèòèï üçòðé üçòîë ü Ý¸¿²¹» Ð»® Ó±²¬¸ üïòíè üïòìç üðòêð üðòîì üðòîë üðòîê üðòîê üðòïè Ý«³«´¿¬·ª» ü Ý¸¿²¹» Ð»® Ó±²¬¸ üïòíè üîòèé üíòìé üíòéï üíòçê üìòîî üìòìè üìòêê Comparative Monthly Residential Stormwater Bills MonthlyMonthly CitySW BillCitySW Bill City of Bremerton - Present Wastewater Rate$4.59City of Fircrest$5.70 - Proposed 2004 Wastewater Rate5.97City of Gig Harbor7.20 City of Puyallup9.46City of Lacey6.50 City of Sumner11.23City of Tumwater5.00 Bainbridge Island6.50City of Tacoma4.01 City of Poulsbo7.50Kitsap County3.75 City of Port Townsend6.00 200420052006 Ð®±°±»¼ ß²²«¿´ Î¿¬» ß¼¶«¬³»²¬ íðòðû îëòðû èòðû PresentProposedProposedProposed Rate200420052006 Single – Family/Duplex üìòëçñß½½±«²¬ üëòçéñß½½±«²¬ üéòìëß½½±«²¬ üèòðëñß½½±«²¬ Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ Exception: Duplex w/ 2 meters üîòëëñß½½±«²¬ üîòççñß½½±«²¬ üíòéëß½½±«²¬ üìòðëñß½½±«²¬ Þ¿» Ý¸¿®¹» øÐ»® Ë²·¬÷ Multi-Family üìòëçñ×ÍË üëòçéñ×ÍË üéòìëñ×ÍË üèòðëñ×ÍË Þ¿» Ý¸¿®¹» øÐ»® ×ÍË÷ Commercial üìòëçñ×ÍË üëòçéñ×ÍË üéòìëñ×ÍË üèòðëñ×ÍË Þ¿» Ý¸¿®¹» øÐ»® ×ÍË÷ Public School Districts üìòëçñß½½±«²¬ üëòçéñß½½±«²¬ üéòìëñß½½±«²¬ üèòðëñß½½±«²¬ Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ Low Income Senior/Disabled Citizen üîòèïñß½½±«²¬ üíòêëñß½½±«²¬ üíòëðñß½½±«²¬ üíòéèñß½½±«²¬ Þ¿» Ý¸¿®¹» øÐ»® ß½½±«²¬÷ Multi-Family and Commercial Rate Adj. øüðòëï÷ñ×ÍË øüðòêê÷ñ×ÍË øüðòèí÷ñ×ÍË øüðòçð÷ñ×ÍË É¿¬»® Ï«¿´·¬§ øÐ»® ×ÍË÷ øüïòëí÷ñ×ÍË øüïòçï÷ñ×ÍË øüîòíç÷ñ×ÍË øüîòëè÷ñ×ÍË É¿¬»® Ï«¿²¬·¬§ øÐ»® ×ÍË÷ Stormwater Penalty Ò»© ÓÚ ú Ý±³³»®½·¿´ò ¼»ª»´±°³»²¬ üïòðîñ×ÍË üïòííñ×ÍË üïòêêñ×ÍË üïòèðñ×ÍË ©ñ± ±²ó·¬» ¼»¬»²¬·±² øÐ»® ×ÍË÷ PresentM O N T H L Y B I L L W I T H P R O P O S E D R A T E A D J U S T M E N T S [1] Utility NameMonthly Bill20042005200620072008200920102011 Water Utility$13.01$16.91$19.45$21.40$22.04$22.70$23.38$24.08$24.80 Sewer Utility48.6453.5057.7861.2561.8662.4863.1063.7364.37 Stormwater Utility4.595.977.468.068.308.558.819.079.25 Combined Residential Bill$66.24$76.39$84.69$90.71$92.20$93.73$95.29$96.88$98.42 Total Monthly Change$10.15$8.30$6.02$1.49$1.53$1.56$1.59$1.54 [1] – Assumes a residential customer billed for 10 CCF of water and wastewater – 10 CCF is typically used for rate surveys and comparative purposes between utilities. Present Ave.AVERAGE RESIDENTIAL MONTHLY BILL WITH PROPOSED RATE ADJUSTMENTS [2] [3] Utility NameMonthly Bill20042005200620072008200920102011 Water Utility - Ave. Bill$10.32$13.42$15.43$16.97$17.48$18.00$18.54$19.10$19.67 Sewer Utility - Ave. Bill32.0535.2638.0840.3640.7641.1741.5842.0042.42 Stormwater Utility Ave. Bill4.595.977.468.068.308.558.819.079.25 Combined Residential Ave. Bill$46.96$54.64$60.96$65.39$66.54$67.73$68.94$70.17$71.34 Total Monthly Change$7.68$6.32$4.43$1.15$1.18$1.21$1.23$1.17 [2] – An average in-City water customer uses 6.5 CCF/month of water [3] – An average in-City wastewater uses 6.0 CCF/month of wastewater Total CombinedCombined Utility NameWaterSewerW&SStormwaterBill Puyallup$25.47$63.71$89.18$9.46$98.64 Sumner16.7158.0774.7811.2386.01 Bainbridge Island44.7533.0077.756.5084.25 Poulsbo25.0548.9574.007.5081.50 Port Townsend31.7140.7272.436.0078.43 Bremerton - Proposed 2004 Rates16.9153.5070.415.9776.38 Fircrest25.0039.0064.005.7069.70 Bremerton - Present Rates13.0848.2461.324.5965.91 Gig Harbor20.9835.9756.957.2064.15 Lacey17.3639.5056.866.5063.36 Kitsap County Sewer - North Perry Water16.2045.5561.750.0061.75 Karcher Creek Sewer - Annapolis Water25.6036.0061.600.0061.60 Tumwater20.1536.4556.605.0061.60 Kitsap County Sewer - Silverdale Water15.4645.5561.010.0061.01 Tacoma18.6537.3956.044.0160.05 Fife23.8533.7157.56 N/A57.56 Olympia20.0436.8256.86 N/A56.86 Port Orchard19.0527.0046.05 N/A46.05 Distribution Storage hrsgall/minuteTotal Fire Flow Requirements2404,000960,000from water complan Storage Capacity34,240,000gallonspage 5-11 section 5.7 storage Public Fire Protection3% Capacity97% Source of Supply Capacity/Commodity Average Day7.06Comm49% Peak Day14.301-comm=Cap51% Distribution Main Analysis Installed Mtr SizeLength (ft)Replcmt $TotalCity uses $7-$9 per inch diameter depending on surface restoration <=2"8940518.00$ $1,609,2902$9.0018 2.58920.00$ $1,780$8.0020 310,49024.00$ $251,76024 4132,39932.00$ $4,236,76832 6418,35248.00$ $20,080,89648 8530,43064.00$ $33,947,52064 1046,46680.00$ $3,717,28080 12179,63896.00$ $17,245,24896 --------------------------------- 1,407,26981,090,542(4) 16"24,853- 0 18"50,659- 0 20"2,273- 0 24"37,445- 0 27"4,9310 28"13,1720 30"2,048- 0 36"17,325- 0 1,559,975364.00$ $160,571,794 these numbers could be incorrect due to no 2" data Customer% (1) Total @ 2" Equiv$25,330,842 /Total Cost31% Capacity (2) Cost for 2-6"$26,180,494 (3) Equiv 6" for larger$36,313,632 1+2-3/446% Fire Protection 1-comm-cap23%