Loading...
HomeMy WebLinkAboutSeal Beach Rate Study Public HearingCity of al Beach aid Water and Sewer Rate Study Public Hearing - _ February 22, 2021 Water and Sewer Rate Study Project Team Steve Gagnon, PE (AZ) Project Manager 22+ years experience Extensive Orange County water and sewer rate setting experience E: sgagnon@raftelis.com P: 714.351.2013 2 Steve Myrter, PE Director of Public Works 32+ years experience Extensive Municipal Water and Sewer Operations and Engineering Experience E: smyter@sealbeach.gov P:562.431.2527 (Extension 1321) RAFTELIS NATION&L x�erlence a 0•t i i • 1r • • S •'• Raftelis has provided ■ s • ' 08 ' ' financial and rate setting 'M ■ = % assistance to utilities serving ■ * .� r! more than■ • ' M • 'j► ■ • of the U.S. • ' ' •' population ' •' -; 4 Why do we need to adjust water and sewer rates? Water System Water Financial Plan Proposed Water Rates Sewer System Sewer Financial Plan Proposed Sewer Rates Total Water and Sewer Customer Bills Impacts 5. Proposition 218 Requirements and Recommendations Why Adjust Water and Sewer Rates',?, O 'rl s Why Adjust Water Rates? Last rate study was in 2010 No rate increases since 2014 Costs increases every year Employee labor and benefits Water production / purchase costs Chemicals and energy costs Repair & replacement of capital infrastructure City water system needs capital improvements An average of $3.3 million per year, over the next 5 years, starting in FY 2021 Rate structure need to be revised to follow "textbook" principles to improve equity among rate payers Water, Sewer, and Trash vs CPI Across the country Water, Sewer and Trash rates are rising faster than normal goods/services. 7 240 220 200 180 160 140 120 100 Water, Sewer and Trash CPI and CPI All Items - All Urban Consumers Over Time, 1998 = 100 131%increase since 1998 i_ Gap between CPI's from 2010 to current is wider 54% increase since 1998 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Water, Sewer and Trash with 1998 = 100 CPI Index, All Urban Consumers, US City Average, 1998 = 100 Source: https://data.bls.gov/timeseries/CUSROOOOSEHG Water Supply Costs (Acre -Feet) Municipal Water District of Orange County Wholesaler of MWD Imported water Orange County Water District City pays OCWD for groundwater The city needs working wells to access groundwater Establishes Annual Basin Pumping Percentage (ratio of imported vs. groundwater supplied) $1,400 $1,200 $1,000 $600 $200 $0 010� 0 0 4 N 0 Sets Pumping Assessment �'��` �'�<0 NCO �'�� �N00 �'�°� ��1(j- �`l,N ti �`l� �`l,�` <0 �` (0 Fee for ever gallon pumped -�OCWD MWDOC 8 s Water Supply Cost Increases $3.00 $2.50 $2.00 o $1.50 $1.00 $0.50 $0.00 FY2014 $2.55 Million West Orange County Water Board Orange County Water District FY 2020 Foot Notes: 1. Average Annual Citywide Water Demand (FY2014 to FY2020) = 3350 acre-feet Municpal Water District of Orange County 2. Average Basin Pumping Percentage ratio set at 76% (ratio of groundwater pumped vs. imported water supplied) 3. West Orange County Water Board manages the transmission main that conveys imported water from the MWDOC connection to the City Seal Beach Water Supply Well Facilities (5 -year Capital Improvement Program -High Priority Projects) Bolsa Chica Water Supply Well (Renovation) Beverly Manor Pump Station & Water Supply Well (Renovation) Lampson Avenue Water Supply Well (Treatment Plant) 10 '21 Well placed in service: 1977 Estimated project cost $2.3 milli Well Placed in Service: 1969 Estimated project cost: $4.7 million Well Placed in Service. Estimated project cost 2011 2.0 mil Seal Beach Water System Piping Network 1AF1 Water System Piping Network Transmission Mains • 22 miles total length • Average years in service: 55 years Distribution Mains • 50 miles total length • Average years in service: 50 years • Appx. 1 mile of pipe over 100 years in service Seal Beach Water Distribution System (5 -year Capital Improvement Program - High Priority Projects) Transmission Piping Network Distribution Piping Network Water Meters Replacement 12 High priority transmission main replacement Projects budget: $2.5 million High priority distribution main replacement �y Projects budget: $1.5 million r u 5400 meters / average meter age: 25 years Citywide Advance Meter Infrastructure (AMI) Project Project budget: $3.2 million Why Adjust Water Rates? SUMMARY Current revenue will not pay for increases in O&M costs Current revenue will not pay for critical infrastructure improvements 3. Implement more equitable rate structure 13 Why Adjust Sewer Rates? SUMMARY Last sewer rate study completed in 2005 2. Goal of 2005 sewer study was to build reserves to fund infrastructure improvements, which has now been met 3 Financial analysis shows that sewer fund revenue requirements can be reduced Rate structure need to be revised to follow "textbook" principles to improve equity among rate payers 14 Financial Assessments and Modeling Forecast revenue and expenses using inflationary assumptions Modeling was completed in early 2020 Initially the study's target completion date was April 2020 for rates effective July 1, 2020 Used the best information available during this time Modeling must stop at a point in time so the City can implement findings Assumptions will continue to change: Inflationary assumptions, O&M and capital budgets etc. Best practice is to conduct new forecasts every five years to "true -up" to actuals and reset assumptions for next five years. 15 Forecast Planning Extrapolating from the Recent Past '/o Water Enterprise Financial'Health D 16 Financial Health Without Rate Adjustments Assumes no change to revenue and planned O&M and capital expenses If City does not increase rates, it will have to substantially reduce capital projects 17 Operating Financial Plan $12.0 $10.0 $8.0 $6.0 $4.0 $2.0 kA $0.0 -$2.0 -$4.0 -$6.0 FYE 2021 FYE 2022 FYE 2023 FYE 2024 FYE 2025 Operating Expenses i Rate Funded Capital Debt Net Cashflow Current Revenue — — Proposed Revenue Proposed Revenue Increases I Developed by comparing revenues to expenses 2 Assumes an $11 M in capital financing to fund capital in FY 2023 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 May 2021 14.0% 18 Jan 2022 12.0% Jan 2023 9.0% Jan 2024 8.0% Jan 2025 8.0% Water Financial Health With Proposed Rate Changes Even with these revenue adjustments the City does not reach desired total reserve goals (dark line in bottom graph) Total reserve goal = 3 months of operating expenses + 1 year of average capital expenses 19 Operating Financial Plan N $12.0 $10.0 $6.0 _�-- $4.0 $2.0 AL $0.0 -$2.0 -$4.0 -$6.0 FYE2021 FYE2022 FYE2023 FYE2024 FYE2025 Operating Expenses Rate Funded Capital Debt Net Cashf low Current Revenue — — Proposed Revenue All Reserves $2.0 0 $6.0 $5.0 $4.0 $3.0 $2.0 $1.0 $0.0 FYE2021 FYE2022 FYE2023 FYE2024 FYE2025 Total Reserve Balance O&M and Capital Reserve Target Minimum Operating Reserve Water Rate Changes 0 20 Current Water Rate Structure hcf = 100 cubic feet = 748 gallons Water Capital Fund Fixed Charge 5/8" - 3/4" $37.86 1" $47.89 11/2" $72.97 2" $103.06 3" $183.32 4" $273.60 6" $524.39 8" $825.34 10" $1,176.45 12" $1,577.72 21 Residential Bi -monthly (Includes Multi -family Accounts) All Meter Sizes $ / hcf Tier 1 0 - 26 hcf $2.23 Tier 2 26+ hcf $2.88 Commercial Bi -monthly Commercial Bi -monthly 5/8 - 3/4" 4" Tier 1 0 - 26 hcf $2.25 Tier 1 0 - 686 hcf $2.25 Tier 2 27+ hcf $2.81 Tier 2 687+ hcf $2.81 ill 611 Tier 1 0 - 43 hcf $2.25 Tier 1 0 - 1,941 hcf $2.25 Tier 2 44+ hcf $2.81 Tier 2 1,942+ hcf $2.81 11/2" 8" Tier 1 0 - 88 hcf $2.25 Tier 1 0 - 4,951 hcf $2.25 Tier 2 89+ hcf $2.81 Tier 2 4,952+ hcf $2.81 2" 10" Tier 1 0 -205 hcf $2.25 Tier 1 0 - 7,117 hcf $2.25 Tier 2 206+ hcf $2.81 Tier 2 7,118+ hcf $2.81 311 1211 2'I Tier 1 0 -420 hcf $2.25 Tier 1 0 - 45,490 hcf $2.23 Tier 2 421+ hcf $2.81 Tier 2 45,491+ hcf $2.88 Leisure World Capital Fund Fixed Charge 12" $788.86 Tier 1 0 - 45,490 hci $2.23 Tier 2 45,490 + hcf $2.88 City Volumetric Rate All Water Use $2.42 22 Proposed Water Rate Structure Fixed Charges Meter Size Bi -monthly Fixed Charge 5/8" $36.79 3/4" $36.79 1" $54.72 1.5" $106.00 2" $160.35 3" $285.30 4" $474.70 6" $934.74 8" $1,495.09 10" $2,140.04 6" - Leisure World $467.37 2" - Aquatic Park $241.99 Volumetric Charges Single Family Residential Bi -Monthly All Meter Sizes $/hcf Tier 1 0- 17 hcf $2.65 Tier 2 17+ hcf $2.80 Multi -family (Tiers are per dwelling unit) All Meter Sizes $/hcf Tier 1 0- 17 hcf $2.65 Tier 2 17+ hcf $2.77 Leisure World - Same as Multi -family All Meter Sizes $/hcf Commercial $2.65 Irrigation $2.71 City $2.68 Aquatic Park $3.00 Single Family, Multi - Family, and Leisure World have tiered volumetric rates. Commercial, Irrigation, City, and Aquatic Park have uniform volumetric rates. Aquatic Park has a special rate to reflect the capital costs of the undersea pipeline Two new customer classes: Multi -Family Residential & Irrigation Proposed Five Year Water Fixed Charges Bi -monthly Fixed Charge Meter Size Current May January January January January 2021 2022 2023 2024 2025 5/8" $37.86 $36.79 $41.20 $44.91 $48.50 $52.38 3/4" $37.86 $36.79 $41.20 $44.91 $48.50 $52.38 1" $47.89 $54.72 $61.28 $66.80 $72.14 $77.92 1.5" $72.97 $106.00 $118.72 $129.40 $139.75 $150.93 2" $103.06 $160.35 $179.59 $195.75 $211.41 $228.33 3" $183.32 $285.30 $319.53 $348.29 $376.16 $406.25 4" $273.06 $474.70 $531.66 $579.51 $625.87 $675.94 6" $524.39 $934.74 $1,046.91 $1,141.13 $1,232.42 $1,331.01 8" $825.34 $1,495.09 $1,674.50 $1,825.20 $1,971.22 $2,128.92 10" $1,176.45 $2,140.04 $2,396.84 $2,612.56 $2,821.56 $3,047.29 6" Leisure World* $788.86 $934.74 $1,046.91 $1,141.13 $1,232.42 $1,331.01 2" Aquatic Park $103.06 $241.99 $271.03 $295.42 $319.05 $344.58 Private Fire Charges Meter Size Current May January January January January 2021 2022 2023 2024 2025 4" $50.40 $38.22 $42.80 $46.65 $50.39 $54.42 6" $113.42 $111.01 $124.33 $135.52 $146.36 $158.07 8" $201.62 $236.57 $264.95 $288.80 $311.90 $336.86 10" $315.04 $425.43 $476.48 $519.36 $560.91 $605.79 23 * Leisure World charges are assessed monthly but presented here as bi-monthly for consistency with other classes. Proposed Five Year Water Volumetric Rates Customer Class Tier Breakpoint May 2021 January 2022 January 2023 January 2024 January 2025 Single Family Residential Tier 1 0 to 17 h cf $2.65 $2.97 $3.24 $3.49 $3.77 Tier 2 >17 h cf $2.80 $3.14 $3.42 $3.69 $3.99 Multi -Family Residential Tier 1 0 to 17 h cf $2.65 $2.97 $3.24 $3.49 $3.77 Tier 2 >17 h cf $2.77 $3.10 $3.38 $3.65 $3.94 Leisure World* Tier 1 0 to 17 h cf $2.65 $2.97 $3.24 $3.49 $3.77 Tier 2 >17 h cf $2.77 $3.10 $3.38 $3.65 $3.94 Commercial $2.65 $2.97 $3.24 $3.49 $3.77 Irrigation $2.71 $3.04 $3.31 $3.57 $3.86 City $2.68 $3.00 $3.27 $3.53 $3.82 Aquatic Park $3.00 $3.36 $3.66 $3.95 $4.27 24 * Leisure World rates are assessed monthly but presented here as bi-monthly for consistency with other classes. Sewer Enterprise Financial Health 25 Financial Health Without Rate Adjustments Reserves are healthy Therefore, we propose revenue/rate decrease 26 Operating Financial Plan $6 .o $4 $2 $0 -$2 -$4 FYE 2021 FYE 2022 FYE 2023 FYE 2024 FYE 2025 � Operating Expenses M Rate Funded Capital Debt � Net Cashflow Current Revenue — — Proposed Revenue $10 $6 $4 $2 $o All Reserves FYE 2021 HE 2022 FYE 2023 FYE 2024 FYE 2025 � Total Reserve Balance — Minimum Operating Reserve &M and Capital Reserve Target Proposed Revenue Decreases I Developed by comparing revenues to expenses 2 Assumes using reserves on hand for capital improvements FY 2021 May 1, 2021 -25% 27 FY 2022 FY 2023 FY 2024 FY 2025 Jan 1, 2022 0% J an 1, 2023 0% J a n 11 2024 0% J an 11 2025 0% Sewer Financial Health With Proposed Rate Changes Reach reserve targets after 5 years 28 V) $6 0 $4 $2 $0 -$2 WE $10 C 0 $8 $6 $4 t') Operating Financial Plan FYE 2021 FYE 2022 FYE 2023 � Operating Expenses � Rate Funded Capital � Net Cashflow Current Revenue All Reserves FYE 2024 M M FYE 2025 Debt Proposed Revenue FYE 2021 FYE 2022 FYE 2023 FYE 2024 FYE 2025 Total Reserve Balance Minimum Operating Reserve O&M and Capital Reserve Target Sewer Rate Changes 0 29 40 Current Bi -monthly Sewer Rate Structure How Sewer Customers are billed: Sewer Bill = 22% of Water Bill* + Sewer Capital Charge 75% of current sewer revenue ($2.1 M of $2.8M) comes from the Sewer Capital Charge City is billing sewer customers in proportion to water meter size; meter size is an estimate of potential sewer use We propose a more equitable rate structure that charges in proportion to estimated sewer flow/use 30 *Water Bill = Water Service Charge + Water Capital Charge Residential Capital Charge 5/8" $43.32 3/4" $43.32 1" $59.88 1.5" $110.26 2" $173.46 3" $1,228.60 4" $2,055.54 Commerical Capital Charge 5/8" $47.26 3/4" $47.26 1" $102.38 1.5" $133.88 2" $535.54 3" $1,480.62 4" $2,669.84 6" $3,772.42 8" $7,875.62 10" $7,875.62 Proposed Sewer Rate Structure Single Family Residential is a fixed charge (current average bill is about $59) All other customers = Bi -monthly fixed charge + Sewer Rate ($ / hcf) x water use x return to sewer (RTS) factor. RTS = 100% for Multi -Family Residential and 90% for Commercial. Customer Class Single Family 31 Proposed Bi - Monthly Fixed Charge $48.04 All Other Classes Multi -family Commercial City Proposed Bi- monthly Billing & Customer Service Charge (per account) $1.22 $1.22 $1.22 Proposed Bi - Monthly Volumetric Rate ($/hcf) $4.00 $4.00 $4.00 Calculating Leisure World's Fixed Monthly Sewer Charge Capital Cost of Sewer Pipe Expected Life qak it C(D Annual O&M Pro - Rated $1.03 0 80 Years $1,000 95% Million • + it Monthly Charge $1,099.03* Monthly Charge 32 *Includes $0.61 billing and customer service charge Sewer Five -Year Rates Fixed Charges Customer Class Single Family Leisure World May 2021 January 2022 January 2023 January 2024 January 2025 January 2025 Multi -family, Commercial, City Fixed Charge per Account $1.22 Volumetric Rate ($ /hcf) $4.00 $1.22 $4.00 $1.22 $4.00 $48.04 $48.04 $48.04 $48.04 $48.04 $1,099.03 $1,099.03 $1,099.03 $1,099.03 $1,099.03 Leisure World billed monthly. LW rate includes fixed charge of $0.61 /mo. Customer Class May 2021 January 2022 January 2023 January 2024 January 2025 Multi -family, Commercial, City Fixed Charge per Account $1.22 Volumetric Rate ($ /hcf) $4.00 $1.22 $4.00 $1.22 $4.00 $1.22 $4.00 $1.22 $4.00 Navy* *Navy billed monthly. 33 Fixed Charge Volumetric Rate ($ /hcf) $0.61 $0.61 $0.61 $0.61 $0.24 $0.24 $0.24 $0.24 $0.61 $0.24 Estimated Combined Water and Sewer Bill Impacts O 34 Combined Water and Sewer Bills Water rates and bills will go up Sewer rates and bills will go down Single Family Residential customers should see their total bill either stay the same or qo downy 35 'Estimated by calculating customer bills based on prior historical water use patterns Water & Sewer Single Family Residential Customer Bill Impacts All single family residential customers combined bill go down 36 70% 60% M L 50% 0 40% U 30% 20% a 10% Water & Sewer - Historgram of SFR Dollar Bill Impacts 66.7% 0.0% 0.0% , 09ra ,yy � P �o 16.2% 9.4% 4.6% , 1.2% 1.6°la 0.1% 0.2% a.a°r° aa o hy4p�, a Dollar Impact Water &Sewer Average Single Family Residential Customer Bill Impact 37 Current Proposed Single Family Residential Average Bill Average Bill Difference Water $71.31 $76.54 Wastewater $59.01 $48.04 Total $130.32 $124.58 -$5.74 Water & Sewer Multi -Family Residential Customer Bill Impacts Larger impacts are the 1 St Street Apartments City will assess water return to sewer 38 Water & Sewer - Histogram of MFR Bill Impacts 25.0% 23.1% 20.0% 18.5% L U 15.0% 6 9.2% 9.6% 10.0% 8.1% 8.5%7.7% U 6.2% a� a 5.0% 0.4%1.2%1.5%1.5%1.2% 1.5%0.8%1.2% 0.0% — ■ ■ ■ ■ I I I I I I I 1 ■ M ■ °° moo° �o° opo .0 �'�0 tia'` 0 a Q oo� ~ t , Dollar Impact Commercial Customers 68% of commercial customers will see no change or a bill decrease City will review large bill impacts for water returned to sewer 39 Water & Sewer - Histogram of Commercial Bill Impacts 60% 50% 48% L 40% 30% 20% 17% Q6 10% a% aff 1% 4% 7% 5% � �5% ' arL % 11 0% — ■ ■ ■ ■ ■ — ao �o �a o a �o oa yaa o° affl o te ti %0 -1 P W4 �' N, ff, g VZ Dollar Impact Leisure World Bill Impact per Dwelling 40 Leisure World (Billed Monthly) Avg Water Bill Fixed Sewer Charge Total # of Dwellings Increase per Dwelling Unit per Month Monthly Increase $16,141.49 $1,099.03 $17,240.52 6,608 $2.61 FINAL TAKEAWAY Water rate increases are needed to pay for pipeline and well improvements Sewer rates are going down due to healthy reserves The overall affect for Single Family Customers in the first year is bills should either stay the same or go down Proposition 218 Requirements All residents and property owners are mailed a protest hearing notice 45 days before the public hearing. City Council holds a public hearing on the proposed adjustments. If 50% + 1 of the property owners mail in protests, adjustments cannot be adopted. 4 Staff recommends the City Council vote to approve the resolutions and ordinance for rate adjustments. 42 Recommended Action Adoption of Resolution 7115 to set municipal water rates effective May 1, 2021; and Introduction by First Reading by title only and waive further reading of Ordinance 1688 the Seal Beach City Council Amending Section 9.30.130.020 of Chapter 9 of Title 9 of The Seal Beach Municipal Code relating sewer rates; and Adoption 2021. 43 of Resolution 7116 to set sewer charges effective May 1, End of Presentation 0 4d End of Presentation (Back Up Slides Follow for Reference If Needed) 61 45 Steps in Conducting a Rate Study STEP 1 Rate Setting Framework Financial goals and policies Pricing objectives STEP ? Cost of Service & Rate Design Cost allocations Rate design Rate calculations Customer impact analyses 46 STEP 2 Financial Plan Evaluation of CIP and financing options Cash flow analysis for financial sufficiency STEP 4 Final Rate Adoption Report Prop 218 Notice Public Hearing Navy Sewer Rate Customer Class Navy 47 Current Rate ($ /hcf) $0.07 Proposed Monthly Fixed Charge $0.61 Proposed Monthly Volumetric Rate ($/hcf) $0.24 Bi -Monthly Water Bill Impacts 48 Bi -Monthly Water - Histogram of SFR Bill Impacts Single Family 1,800 539 Residential Bill 1,500 Impacts 1x400 1, 25 � � 1,156 1,200 E 0 1,000 Many large bill impacts are likely not SFR customers ° 800 ° 500 but MFR customers (classification errors) 400 200 3 4 25 7 23 59 0 SFR = Single Family Residential a o o o 4.0. MFR = Multi -family Residential'�'�,',','�- Dollar Impact 49 Bi -monthly Multi - Family Residenti Impacts al Bill Large impacts are 1St St Apartments who will see larger sewer decreases 50 Water - Histogram of MFR Bill Impacts 120 100 91 o O 60 0 zo 20 12 15 6 � 6 10 3 0 M ■ M 1 1 o o a 1%0, o a two t a ti Dollar Impact 111 Bi -monthly Commercial Bill Impacts Larger impacts are very large water users (Boeing) Result of the new uniform rate instead of tiered rate by meter size 51 Water - Histogram of Commercial Bill Impacts 60 56 50 1 36 20 OT 13 13 1 aao aao ao 4a as , <7 <te q1 ya �a oKP tP e �a 0 0 baa a e ��<.) 4 4 Q q P CP Dollar Impact a, 40 O 30 46 Zo 10 7 1 36 20 OT 13 13 1 aao aao ao 4a as , <7 <te q1 ya �a oKP tP e �a 0 0 baa a e ��<.) 4 4 Q q P CP Dollar Impact Monthly LW Water Cost Per Apartment 6,608 Residential Apartments Monthly Min HCF 19,486 $ 44,243 $ 6.70 $ 52,105 $ 7.89 $ 1.19 Monthly Average HCF 39,198 $ 88,199 $ 13.35 $ 104,341 $ 15.79 $ 2.44 Monthly Max HCF 53,302 $ 124,730 $ 18.88 $ 141,751 $ 21.45 $ 2.57 52 Wastewater Customer Bill Impacts O 53 Sewer Single Family Residential Customers All SFR customer bills go down 54 Sewer- Historgram of SFR Dollar Bill Impacts 4,000 3,500 ,, 3,004 0 2,500 2,000 ° 1,500 6 z 1,000 500 12 4t 3,503 517 43 3 9 tP 1P vo e Dollar Impact 9 Multi Family Residential Customers 1 St Apartments bills go down (on far right) City will review large bill impacts for water returned to sewer as opposed to used for irrigation 55 54 45 44 35 0 30 U 25 6 24 z 15 Sewer- Histogram of MFR Bill Impacts 43 0 14 6 4 2 1 2 2 0 ° 1 . _ . . �P yv & ov ov yo p mayyoy'�a• •�y• � 1 4 & 4 4,y; o{ Dollar Impact Commercial 200 Customers 180 160 140 City will review large bill impacts 120 u 100 for water returned to sewer 6 80 Z 60 40 Sewer- Histogram of Commercial Bill Impacts 175 20 3 1 9 11 14 10 13 6 ' 11 3 6 oob�QOh�q �'1�aQ��a4 NO "tie Dollar Dollar Impact 56 Leisure World Currently is not billed for sewer 6,608 dwelling units 57 Leisure World (Billed Monthly) Monthly Charge Monthly Charge per Dwelling Unit Monthly $1,099.03 $0.17 Proposed Cash Reserve Policies City has no formal reserve policies for the Water Enterprise Purpose of reserves are to: Provide sufficient cash on hand to cover short-term operating costs Provide sufficient funding to quickly and efficiently award construction contracts Mitigate financial risk of potential asset failure Enhance credit rating for more cost-effective debt financing options Raftelis' recommended reserve policy Operating reserve target: 90 days of operating cash on hand Capital reserve target: 1 year of annual average CIP 58 Why Are Wastewater Rate Structure Changes Needed? The proposed rate structure is more equitable Rate structure does not charge in proportion to meter size, but charges in proportion to estimated sewer flow. e.g., park with 2" meter may only have a small bathroom; the rest of water use is for irrigation and does not go into the sewer. Meter size as estimate of potential sewer use. 59 Proposed Water Rate Structure Proposed Changes: Traditional rate setting groups customers by class (SFR, MFR, Commercial, Irrigation, etc.) instead of meter size because customers in each class tend to use water similarly. e.g., 1" commercial customer has constant use throughout the year whereas 1" irrigation customer has summer peaking periods. They use water very differently. We set rates based on how customers use water. State Water Conservation Policies (SB 606 and AB 1668) will require each water provider to calculate water budget by June 2022. Possible fine for providers that do not meet budget by 2027. Smaller Tier 1 (17 hcf instead of 26 hcf) will incentivize conservation to make sure Seal Beach stays within its budget. We are calculating fixed charges in proportion to American Water Works Association hydraulic capacity factors — the industry standard for setting fixed charges. Thus, the fixed charge increase for larger meters. 60 Irrigation Irrigation is a new customer class created from Commercial, City, and Residential irrigation accounts to account for how this class uses water. Classes are based on peaking characteristics and Irrigation has a different peaking factor compared to other classes. About 50 - 2" meters Uniform volumetric rate 61 Proposed Water Rate Structure Single Family Residential (SFR) No change to structure, but a change to the tier widths to better align with average water use Tier 1 = average yearly water use for SFR account (17 hcf). This is average indoor and outdoor water use for the average home. New Multi -Family Residential (MFR) class with tiers by dwelling unit. Quadplex would get 4 x 17 = 68 units in Tier 1. Commercial, Irrigation, and City Customer Classes Uniform Rate 62 Typical Reserve Targets Operating Reserve Capital Reserve* Rate Stabilization Fund Emergency 90 days (25% of O&M) 1 Year of Average CIP Expenditure 10 - 20% of Volumetric Revenue Critical Asset Repair Monthly billing Industry Norm Revenue sensitivity analysis Critical Asset Study *Other Capital Reserve Targets include yearly depreciation or 2-5% of asset value Backup Sewer Caics for Aquatic Park & Navy ol 64 .-C=::Wf5 d Navy Water & Sewer CaIcs Water—charged bi-monthly Navy water rates are identical to commercial rates discussed earlier $2.64 per hcf volumetric charge Fixed charges: 2" meter: $163 4" meters: $482 10" meter" $2,171 Sewer—charged monthly Navy represents roughly: 5.4% of total miles of sewer pipe collection system 15.2% of total sewer flow Annual capital cost x 5.4% x 15.2% _ $10,812 Annual O&M cost x 5.4% x 15.2% _ $808 TOTAL annual sewer charge = $10,812 + $808 = $11,620 Rate Setting Legal Environment 61 67 Legal Environment of Rate Making Cost of Service Requirements Proposition 218 (Article XIIIC and XIIID of California Constitution) Pass-through Provision AB 3030 — Section 53756 of the Government Code Water Conservation Article X of California Constitution — prohibits water waste CA Water Code Chapter 3.4 — Allocation -based Conservation Water Pricing (AB 2882 ) SB X7-7 — 20% reduction by 2020 New SWRCB regulations call for each agency to self certify that they have adequate supplies for three years assuming drought of 2012-2015 and set conservation standards equal to their projected supply shortage EO B-37-16 — Each water agency will have a target based on an indoor and outdoor water budget M Proposition 218 Requirements An agency cannot collect revenue beyond what is necessary to provide service. Revenues derived by the charge shall not be used for any other purpose other than that for which the charge was imposed. The amount of the fee may not exceed the proportional cost of service for the parcel. 4. No charge may be imposed for a service unless that service is actually used or immediately available to the owner of property. 5. Awritten notice of the proposed charge shall be mailed to the record owner of each parcel at least 45 days prior to the public hearing, when the agency considers all written protests against the charge. 69 rreSE STUDY City of San Juan Key Factors: Lack of administrative record Capistrano City used multipliers to justify the tiered rates without any administrative record of an underlying rationale Lesson: MUST SHOW YOUR WORK!!!! Recent Litigation: CTA vs. City of SJC Rate payers (Capistrano Taxpayer Association, CTA) sued the City of San Juan Capistrano over its water o� Raftelis hired to justify rates budget rate structure 6 Revised tiered rates by establishing a nexus 4 The Orange County Superior court between costs incurred by each tier New rates approved in June 2014 ruled that the rates did not meet the Representatives from CTA concurred that nexus requirement in August 2013 RFC's tiered rate structure complied with Prop. 218 71 Water Enterprise ol 72 What Is Funded By The Water Rates You Pay City's water utility is funded entirely by the money it receives from the water rates on utility bills sent to customers City's water utility is an enterprise fund it does not receive money from taxes The water rates you pay on your utility bill fund all the operating costs and the infrastructure investments for the city's water system How many customers pay a utility bill? 4,947 Residential Customers 305 Commercial Customers (includes Irrigation, Navy, Aquatic Park) 87 City Customers Leisure World 73 REVENUE • Operating • Non -Operating • Growth FINANCIAL POLICIES • Reserve Targets • Debt Coverage EXPENSES •O&M • Budget & Inflation • Capital • (CIP & Debt) Revenue Adjustment Schedule Multi -Year Long -Term Financial Plan Rate Setting lol 75 Legal Environment of Rate Making Cost of Service Requirements Proposition 218 and Proposition 26 (Article XIIIC and XIIID of California Constitution) Pass-through Provision AB 3030 — Section 53756 of the Government Code Water Conservation Article X of California Constitution — prohibits water waste > CA Water Code Chapter 3.4 — Allocation -based Conservation Water Pricing (AB 2882) > SB X7-7 — 20% reduction by 2020 New SWRCB regulations call for each agency to self certify that they have adequate supplies for three years assuming drought of 2012-2015 and set conservation standards equal to their projected supply shortage EO B-37-16 — Each water agency will have a target based on an indoor and outdoor water budget 76 Functionalize 77 Cost - of -Service Allocate Distribute to Customers Recovers costs from customer classes in proportion to the demands they place on the system, recognizing the impact of each customer class on the costs to run the corresponding system facilities Cost of Service is the fundamental methodology used to establish utility rates in the United States Water Cost of Service Allocation to Cost Components SUPPLY BASE CONSERVATION EXTRA CAPACITY METER DELIVERY / (Peaking Costs) MAINTENANCE COSTS CUSTOMER SERVICE Volumetric Rate ($/hco Fixed Charge by Meter Size 78 Distribute Costs to Customer Classes SUPPLY DELIVERY COSTS CONSERVATION EXTRA CAPACITY METER Use Use: Same for All Distributed to (PEAKING) MAINTENANCE Classes High Vol Users Peaking Factors or Meter Size Meter Cap Ratios Distribute Costs to Each Class 79 Lam__ CUSTOMER SERVICE # of Cust Bills Rate Design Commodity Rate Derivation To calculate commodity rates, we combine the unit ($/CCF) costs of water supply, water delivery, peaking/capacity costs and conservation costs lit =I SUPPL" DELIVERY EXTRA CAPACITY CONSERVATION Water supply Delivery rate (Peaking Costs) Conservation program rate ($ /CCF) ($ /CCF) Peaking rate rate ($ /CCF) ($ /CCF) TOTAL VOLUMETRIC RATE FOR EACH TIER ($ /CCF) Agencies must develop a nexus between their tiered rates and their costs to serve those tiers and document the methodology used in a report We develop a nexus between rates and cost of service by adding unit rates for each cost component 80 Terms You Will Hear Acre Foot — Enough water to cover an acre of land, about the size of a football field, one foot deep; City purchases water in these units Cost of Service — Utility's cost to provide water service to each customer class based on demands each places on utility Customer Class — Residential, Commercial, City, and Irrigation Fixed Charge — Amount charged by meter size. Does not vary by water use hcf — Common billing unit used to charge for water in California. hcf = 100 cubic feet = 748 gallons Meter Size — Meters track water usage at the property. Size determined by its supply line. Most residential meters are 3/4" Rate —Amount charged per unit of water Rate Structure — Rates and charges applied to various customer classes Rate Study — Process of determining proposed future water rates Tiered Rate Structure — Pricing water so that cost per unit increases as consumption increases Uniform Rate Structure — Charging same amount per unit of water used, regardless of how much water is used Volumetric Rate —Amount charged per unit of water use. Measured in hcf by City. 81