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HomeMy WebLinkAbout2001.09.25_City Council Agenda_SpecialPUBLIC NOTICE OF THE MEETING OF THE OWASSO CITY COUNCIL, TYPE OF MEETING, Special DATE: September 25, 2001 TIDE: 6000 p.m. PLACE: Owasso City Hall Lower Level Conference Room Notice and agenda filed in the office of the City Clerk and posted on the City Hall bulletin board at 2:30 p.m. on Friday, September 21, 2001. Marcia outwell, City Jerk 1. Call to Order Mayor Barnhouse 2. Discussion Relating to Utility Rates and Project Financing Options Ms Bishop Mr Carr Attachment #2 3. Report from Assistant City Manager Mr Rooney. 4. Adjournment, MEMORANDUM TO: THE HONORABLE MAYOR & CITY COUNCIL CITY OF OWASSO F-A'OM. MARCIA BOUTWELk CITY C .. I_ FCa DATE. September 21, 2001 .Attached is information that was included in an earlier Work Session packet. If I am provided with any other information prior to the Work Session on Tuesday, it will be delivered to you, \O\ƒ South 8 Cedar Owasso, 2 ? 74055 city , Owasso F0119 2»\2+,24; §< dky<2«»2 <w?« ;\\r§« «§ From: Larry Mitchell, City Manager Sherry \ 2 \ Finance Dire o l�6 Iq��keg� bbd a CpA�y tm71 s °q 1�� Year 1 2 3 4 5 Water Rate Increase $ 540,25317 $ 657,962.06 o 773580J6 $ 883,24811 $ 924.509.72 Sewer Rate Increase 138 28701283 443,531.65 609300,48 63062000 Total $ 685.501.18 $ 944.974.89 $1,217.112/|O $ 1.502.546.59 $1.555.135.72 Additional Debt Payments 68502830 85275952 1,104�18.01 119431801 119431801 Excess $ (67.14) $ 02.215.37 $ 22.794A0 $ 308.228.58 * 300.81771 Current Water Base Rate * 7.50 Current Water Consumption Rate $ 3.20 Water Base Rate $ 8.00 $ 9.00 $ 9.00 $ 9.00 $ 9.00 Water Consumption Rote $ 152 $ 3.52 $ 3.52 $ 3.52 $ 8.52 Current Sewer Base Rate $ 133 Current Sewer Consumption Rate $ 1.72 Sewer Base Rate $ 133 $ 3.33 $ 133 $ 3.33 $ 3.33 Sewer Consumption Rate * 1.72 $ 1,90 $ 2.08 $ 226 * 220 *Sewer rate increases reflect those previously approved by the Authority. $1,000,000 $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 City of Owasso FY 2001-2002 Year Sales Tax Totals $9,000,000 $8,000,000 LI $7,000,000 13' $6,000,000 -------- $5,000,000 EY $4,000,000 $3,000,000 Ej $2,000,000 $1,000,000 $0 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun City of Owasso Sales Tax Report B u d g P-tAo--Ir-JLLaLC*r-kp2xLqa* September 10, 2001 Actual Collections Buq221Er2jections. over Under) Projection Amount Percent Amount Percent Amount Percent Jul $ 730,980.71 9.30% $ 646,000.00 8.22% $ 84,980.71 13.15% Aug 742,510.61 9.45% 610,700.00 7.77% 131,810.61 21.58% Sep 739,427.61 9.41®/ 669,500.00 8.52% 69,927.61 10.44% Oct Nov Dec Jan Feb Mar Apr May Jun Totals $2,212,918.93 28.15% $1,926,200.00 24.51% $286,718.93 14.89% City of Owasso Sales Tax Report Two Year Comparison September 10, 2001 Note.- Fiscal Year 200102002 Sales Tax Budget is $79860,000 Fiscal 20012002 Fiscal 2000-2001 lncrease ®r ��ecrease). Percent Percent AmQunt cif t A mQmnt ---- tua l A -QL-L - -A—mgunt Percent _ Jul $ 730,980.71 930% $ 555,956.58 7.49% $ 175,024.13 31.48% Aug 742,510.61 9.45% 515,693.51 6.94% 226,817.10 43.98% Sep 739,427.61 9.41% 574,244.87 7.73% 1659182.74 28.77% Oct Nov Dec Jan Feb Mar Apr May Jun Totals $ 2,2?12,91&93 28.15% 5.804-b-6- 1, 6-4 5—, —2Z 17% $ 567,023.97 34.45% Note.- Fiscal Year 200102002 Sales Tax Budget is $79860,000 City of Owasso Monthly Sales Tax Revenues Least Five Fiscal Years t 2000- 2001 1999-2000 9"9- 1997-98 7309930.71 7429510.61 739,427.61 1 3 4 r PROPOSED DEBT 2001: OWRB IIB SRF Interim Construction Note $ Water System Improvements Phase 1 n 3 2002: OWRB IIB Refinance (SRF) OWRB IIB Refinance (FAP) 2003: Water System Improvements Phase 4 w 6 TOTAL WITH PROPOSED DEBT .ANNUAL TOTAL. 2901 ANNUAL TOTAL 2002 ANNUAL TOTAL 2003 106,362.14 $2,985,604.00 579,266.16 7,270,594.00 59, 712.08 1,194,241.60 164,125.28 2,060,000.00 341,558.49 4,287,033.00 OPWA CAP IMP (62) 7,270,594.00 OPWA CAP IMP (62) 1,194,241.60 OPWA CAP IMP (62) 2,060,000.00 OPWA CAP IMP (62) 4,287,033.00 OPVVA CAP IMP (62) $ 40,3669204x63 CUMULATIVE $ 4,082,634.30 $ 685,628.30 $ 4,200,109.52 $ 803,103.52 $ $ 4,541,668.01 $ 1,144,662.01 $ INCREMENTAL 117, 475.22 341, 558.49 Approximate Annual Original Principal Accounting OPWA Pa ment Amount Outstandin Fund Refunding Revenue Bonds, Series 1997 $ 520,000.00 $4,345,000.00 $ 3,420,000.00 OPWA (61) & SALES TAX (67) Revenue Bonds, Series 1998 1,128,000.00 8,500,000.00 6,795,000.00 OPWA (61) & SALES TAX (67) Promissory Notes to OWRB: Series 1993A 290,000.00 3,630,000.00 2,835,000.00 OPWA CAP IMP (62) Series 19938 60,000.00 970,000.00 895,200.00 OPWA CAP IMP (62) Series 1999A 50,000.00 931,609.92 812,173.00 OPWA CAP IMP (62) Series 19998 40,000.00 570,000.00 541,100.00 OPWA CAP IMP (62) Series 2001A 56,000.00 1,029,535.03 1,029,535.03 OPWA CAP IMP (62) Series 20018 140,000.00 1,805,000.00 1,805,000.00 OPWA CAP IMP (62) Series 2001 80,000.00 1,005,000.00 1,005,000.00 OPWA CAP IMP (62) Promissory Note to FBO 276,000.00 1,200,000.00 648,358.00 OPWA SEWER EXT (65) Revenue Anticipation Note 163,000.00 1,800,000.00 712,970.00 OPWA SEWER EXT (65) OPOA Revenue Bonds (OPWA), Series 1996 $ 480,000.00 $5,340,000.00 $ 4,885,000.00 OPCA (55) Revenue Anticipation Note, 1993 64,350.00 400,000.00 170,000.00 OPCA (55) Capital Lease 49,656.00 166,690.00 75,190.00 OPCA (55) PROPOSED DEBT 2001: OWRB IIB SRF Interim Construction Note $ Water System Improvements Phase 1 n 3 2002: OWRB IIB Refinance (SRF) OWRB IIB Refinance (FAP) 2003: Water System Improvements Phase 4 w 6 TOTAL WITH PROPOSED DEBT .ANNUAL TOTAL. 2901 ANNUAL TOTAL 2002 ANNUAL TOTAL 2003 106,362.14 $2,985,604.00 579,266.16 7,270,594.00 59, 712.08 1,194,241.60 164,125.28 2,060,000.00 341,558.49 4,287,033.00 OPWA CAP IMP (62) 7,270,594.00 OPWA CAP IMP (62) 1,194,241.60 OPWA CAP IMP (62) 2,060,000.00 OPWA CAP IMP (62) 4,287,033.00 OPVVA CAP IMP (62) $ 40,3669204x63 CUMULATIVE $ 4,082,634.30 $ 685,628.30 $ 4,200,109.52 $ 803,103.52 $ $ 4,541,668.01 $ 1,144,662.01 $ INCREMENTAL 117, 475.22 341, 558.49 Available Funding Scenario Income Available for Additional Debt Payments 1 2 3 4 -5 Water Revenue $ 607,463.86 $ 628,725.09 $ 650,730.47 $ 673,506.04 $ 697,078.75 Sewer Revenue 667,835.82 798,225.45 936,924.26 969,716.61 1,003,656.69 1,144,662.00 1,144,662.00 Income Available for Debt Payments $1 ,275,299.68 $1,426,950.54 $1 ,587,654.73 $1,643,222.64 $1,700,735.43 Existing Debt Payments 667,175.00 665,658.00 663,297.00 660,808.00 662,004.00 Income Available for Additional Debt Payments $ 608,124.68 $ 761,292.54 $ 924,357.73 $ 982,414.64 $1,038,731.43 Additional Debt Payments 106,362.00 803,103.00 1,144,662.00 1,144,662.00 1,144,662.00 Excess /Deficiency $ 501,762.68 $ (41,810.46) $ (220,304.27) $ (162,247.36) $ ('105,930.57) Net Carryover $ 459,952.22 $ 239,647.95 $ 77,400.59 $ (28,529.98) Current Water Base Rate $ 7.50 Current Water Consumption Rate $ 3.20 Proposed Water Base Rate $ 9.50 $ 9.50 $ 9.50 $ 9.50 Proposed Water Consumption Rate $ 3.45 $ 3.45 $ 3.45 $ 3.45 Sewer Base Rate* $ 3.33 $ 333 $ 3.33 $ 3.33 Sewer Consumption Rate* $ 1.72 $ 1.90 $ 2.08 $ 226 *Sewer rate increases have already been adopted by the Authority. Available Funding Scenario Income Available for Additional Debt Payments 4 2 3 4 5 Water Revenue $ 607,463.86 $ 628,725.09 $ 650,730.47 $ 673,506.04 $ 697,078.75 Sewer Revenue 667,835.82 798,225.45 936,924.26 969,716.61 1,003,656.69 Other Revenue 103,608.00 106,716.24 109,917.73 113,215.26 116,611.72 (110,386.55) $ (49,032.11) Income Available for Debt Payments $1,378,907.68 $1,533,666.78 $1,697,572.45 $1,756,437.90 $1,817,347.15 Existing Debt Payments 667,175.00 665,658.00 663,297.00 660,808.00 662,004.00 Income Available for Additional Debt Payments $ 711,732.68 $ 868,008.78 $1,034,275.45 $1,095,629.90 $1,155,343.15 Additional Debt Payments — 106,362.00 803,103.00 1,144,662.00 1,144,662.01 1,144,662.01 Excess /Deficiency $ 605,370.68 $ 64,905.78 $ (110,386.55) $ (49,032.11) $ 10,681.14 Not Carryover $ 670,276.46 $ 559,889.91 $ 510,857.80 $ 521,538.95 Current Water Base Bate $ 7.50 Current Water Consumption Rate $ 3.20 Proposed Water Base Rate $ 9.50 $ 9.50 $ 9.50 $ 9.50 Proposed Water Consumption Rate $ 3.45 $ 3.45 $ 3.45 $ 3.45 Sewer Base Rate* $ 3.33 $ 3.33 $ 3.33 $ 3.33 Sewer Consumption Rate* $ 1.72 $ 1.90 $ 2.08 $ 2.26 *Sewer rate increases have already been adopted by the Authority. OPWA - Capital improvements Fund Projections Net Profit (Loss 184,860 110,960 (242,428) Carryover 184,860 295,820 FY 2001 FY 2002 FY 2003 FY 2004 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 (1,627,164) Actual Projection Projection Projection Projection Projection Projection Projection Projection Projection Water rev 250,988 259,772 268,864 278,274 288,014 298,095 308,528 319,326 330,503 342,070 Wastewater rev 406,894 545,439 564,529 691,210 826,066 969,515 1,003,448 1,038,569 1,074,919 1,112,541 WW rate incr 103,306 106,922 110,664 Other - - - - - - - - - Total Rev 657,882 805,211 936,700 1,076,406 1,224,744 1,267,610 1,311,976 1,357,895 1,405,422 1,454,612 Note 93A (268,182) (285,777) (289,118) (286,590) (283,403) (284,786) (285,594) (285,827) (285,486) (284,424) Note 933 (52,210) (48,782) (45,097) (45,997) (46,983) (48,003) (49,085) (50,293) (51,637) (53,013) Note 99A (52,192) (51,869) (51,710) (51,468) (51,235) (50,984) (50,742) (50,500) (50,264) (50,015) Note 993 (36,346) (34,145) (32,047) (32,952) (33,715) (34,734) (35,704) (36,723) (37,788) (39,094) Note 01A (64,092) (54,743) (56,370) (56,108) (55,860) (55,587) (55,326) (55,064) (54,813) (54,543) Note 01 B (121,839) (121,507) (120,810) (120,701) (119,485) (116,048) (118,655) (118,301) (117,985) Note 01C (70,020) (69,809) (69,372) (68,911) (68,425) (68,112) (67,768) (67,492) (67,281) WWTP - IIB (27,076) (223,837) (223,837) (223,837) (223,837) (223,837) (223,837) (223,837) (223,837) Water System Phase 1-3 (289,633) (579,266) (579,266) (579,266) (579,266) (579,266) (579,266) (579,266) Water System Phase 4-6 (170,780) (341,559) (341,559) (341,559) (341,559) (341,559) (341,559) Total Exp (473,021) (694,251) (1,179,128) (1,637,180) (1,805,470) (1,806,666) (1,805,273) (1,809,492) (1,810,443) (1,811,017) Net Profit (Loss 184,860 110,960 (242,428) Carryover 184,860 295,820 (560,7-74) 53,392 (580,726) (507,381) (539,056) (1,088,108) (493,297) (1,627,164) (451,597) (2,120,460) (405,021) (2,572,057) (356,405) (2,977,078) 184,860 295,820 53,392 (507,381) (1,088,108) (1,627,164) (2,120,460) (2,572,057) (2,977,078) (3,333,483) OPWA - Capitai lrnprovements Fund Projections Net Profit (Loss 184,860 250,380 106,121 (200,025) (207,351) (152,613) (93,328) (37,629) 184,860 435,240 541,362 341,337 133,985 (18,628) (111,956) 23,435 87,047 (149,585) (126,150) 184,860 435,240 541,362 341,337 133,985 (18,628) (111,956) (149,585) (126,150) (39,103) FY 2001 FY 2002 FY 2003 FY 2004 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 Actual Projection Projection Projection Projection Projection Projection Projection Projection Projection Water rev 250,988 259,772 268,864 278,274 288,014 298,095 308,528 319,326 330,503 342,070 Water rate incr 139,420 348,550 360,749 373,375 3869443 399,969 413,967 428,456 443,452 Wastewater rev 406,894 545,439 564,529 691,210 826,066 969,515 1,003,448 1,038,569 1,074,919 1,112,541 WW rate incr 103,306 106,922 110,664 Other - - - Total Rev 657,882 944,631 1,285,249 1,437,154 1,598,119 1,654,053 1,711,945 1,771,863 1,833,878 1,898,064 Note 93A (268,182) (285,777) (289,118) (286,590) (283,403) (284,786) (285,594) (285,827) (285,486) (284,424) Note 93B (52,210) (48,782) (45,097) (45,997) (46,983) (48,003) (49,085) (50,293) (51,637) (53,013) Note 99A (52,192) (51,869) (51,710) (51,468) (51,235) (50,984) (50,742) (50,500) (50,264) (50,015) Note 99B (36,346) (34,145) (32,047) (32,952) (33,715) (34,734) (35,704) (36,723) (37,788) (39,094) Note 01A (64,092) (54,743) (56,370) (56,108) (55,860) (55,587) (55,326) (55,064) (54,813) (54,543) Note 01 B (121,839) (121,507) (120,810) (120,701) (119,485) (116,048) (118,655) (118,301) (117,985) Note 01C (70,020) (69,809) (69,372) (68,911) (68,425) (68,112) (67,768) (67,492) (67,281) WWTP - 1113 (27,076) (223,837) (223,837) (223,837) (223,837) (223,837) (223,837) (223,837) (223,837) Water System Phase 1-3 (289,633) (579,266) (579,266) (579,266) (579,266) (579,266) (579,266) (579,266) Water System Phase 4-6 (170,780) (341,559) (341,559) (341,559) (341,559) (341,559) (341,559) Total Exp (473,021) (6947251) (1,179,128) (1,637,180) (1,805,470) (1,806,666) (1,805,273) (1,809,492) (1,810,443) (1,811,017) Net Profit (Loss 184,860 250,380 106,121 (200,025) (207,351) (152,613) (93,328) (37,629) 184,860 435,240 541,362 341,337 133,985 (18,628) (111,956) 23,435 87,047 (149,585) (126,150) 184,860 435,240 541,362 341,337 133,985 (18,628) (111,956) (149,585) (126,150) (39,103) OPWA - Capital improvements Fund Projections Net Profit (Loss 184,860 318,960 Carryover 184,860 FY 2001 FY 2002 FY 2003 FY 2004 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 450,069 Actuai. Projection _. Projection Projection Projection Projection Projection Projection Projection Projection Water rev 250,988 259,772 268,864 278,274 288,014 298,095 308,528 319,326 330,503 342,070 Wastewater rev 406,894 545,439 564,529 691,210 826,066 969,515 1,003,448 1,038,569 1,074,919 1,112,541 WW rate incr 103,306 106,922 110,664 Other fixed 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 Other rate - 108,000 270,000 279,450 289,231 299,354 309,831 320,675 331,899 343,515 Total Rev 65-7-,88-2- 1,013,211 1,306,700 1,455,856 1,613,975 1,666,964 1,721,808 1,778,571 1,837,321 1,898,127 Note 93A (268,182) (285,777) (289,118) (286,590) (283,403) (284,786) (285,594) (285,827) (285,486) (284,424) Note 93B (52,210) (48,782) (45,097) (45,997) (46,983) (48,003) (49,085) (50,293) (51,637) (53,013) Note 99A (52,192) (51,869) (51,710) (51,463) (51,235) (50,984) (50,742) (50,500) (50,264) (50,015) Note 99B (36,346) (34,145) (32,047) (32,952) (33,715) (34,734) (35,704) (36,723) (37,788) (39,094) Note OIA (64,092) (54,743) (56,370) (56,108) (55,860) (55,587) (55,326) (55,064) (54,813) (54,543) Note 01 B (121,839) (1121,507) (120,810) (120,701) (119,485) (116,048) (118,655) (118,301) (117,985) Note 01 C (70,020) (69,809) (69,372) (68,911) (68,425) (68,112) (67,768) (67,492) (67,281) WWTP - 1113 (27,076) (223,837) (223,837) (223,837) (223,837) (223,837) (223,837) (223,837) (223,837) Water System Phase 1-3 (289,633) (579,266) (579,266) (579,266) (579,266) (579,266) (579,266) (579,266) Water System Phase 4-6 (170,780) (341,559) (341,559) (341,559) (341,559) (341,559) (341,559) tal Debt Service (473,021) (694,251) (1,179,128) (1,637,180) (1,805,470) (1,806,666) (1,805,273) (1,809,492) (1,810,443) (1,811,017) Net Profit (Loss 184,860 318,960 Carryover 184,860 127,572 503,820 (181,324) 631,392 (191,495) 450,069 (139,702) 258,573 (83,465) 118,871 (30,921) 35,406 26,878 4,484 87,110 31,362 184,860 503,820 631,392 450,069 258,573 118,871 35,406 4,484 31,362 118,472 Water Rate Comparison ag EwAby-5-0-0 Mouame Broken Arrow Tulsa Sand Springs Collinsville Base Rate Consumption Rate Per5OOO Per 10,000 Per 20,000 Qa 100 g-al) OnQlud $1.98 GAD-na G al ID na a I I o-n-a $8.37 $5.39 $1.55 $11.59 $19.34 $34.84 $5.75 $2.82 $17.03 $31.13 $59.33 $5.83 $1.98 $13.75 $23.65 $43.45 $7.50 $3.20 $20.30 $36.30 $68.30 $7.77 $3.40 $21.37 $38.37 $72.37 $8.00 $2.90 $19.60 $34.10 $63.10 $8.37 $2.27 $17.45 $28.80 $51.50 $8.50 $3.35 $21.90 $38.65 $72.15 $9.00 $3.40 $22.60 $39.60 $73.60 $9.10 $3.14 $21.66 $37.36 $68.76 $9.50 $3.45 $23.30 $40.55 $75.05 $12.00 $2.50 $22.00 $34.50 $59.50 $12.50 $100 $24.50 $39.50 $69.50 $5.39 $1.55 $11.59 $19.34 $34.84 $5.83 $1.98 $13.75 $23.65 $4145 $8.37 $2.27 $17.45 $28.80 $51.50 $12.00 $2.50 $22.00 $34.50 $59.50 $5.75 $2.82 $17.03 $31.13 $59.33 $8.00 $2.90 $19.60 $34.10 $63.10 $12.50 $3.00 $24.50 $39.50 $69.50 $9.10 $3.14 $21.66 $37.36 $68.76 $7.50 $3.20 $20.30 $36.30 $68.30 $8.50 $3.35 $21.90 $38.65 $72.15 $7.77 $3.40 $21.37 $38.37 $7237 $9.00 $3.40 $22.60 $39.60 $73.60 $9.50 $3.45 $23.30 $40.55 $75.05 $5.39 $1.55 $11.59 $19.34 $34.84 $5.83 $1.98 $13.75 $23.65 $43.45 $5.75 $2.82 $17.03 $31.13 $59.33 $8.37 $2.27 $17.45 $28.80 $51.50 $8.00 $2.90 $19.60 $34.10 $63,10 $7,50 $3.20 $20.30 $36,30 $68.30 $7,77 $3.40 $21.37 $38.37 $72.37 $9,10 $114 $21.66 $37,36 $68.76 $8.50 $3.35 $21.90 $38.65 $72.15 $12.00 $2.50 $22.00 $34.50 $59.50 $9.00 $3.40 $22.60 $39.60 $73.60 $9.50 $3.45 $23.30 $40.55 $75.05 $12.50 $3.00 $24.50 $39.50 $69.50 Water Rate Comparison 0 W-a-s-9,0.rat -PD, _ma lNis ll -a e-d-8-1 Owasso (current rates) Owasso (A) Owasso (B) Owasso (C) Base Rate Consumption Rate E'er 5000 Per 10,000 Per 20,000 (includes 10Q0 dal) per 1000 la Ions GBI]Qn-a Callon 2- ---* $8.37 $5.39 $1.55 $11.59 $19.34 $34.84 $5.83 $1.98 $13.75 $23.65 $43.45 $8.37 $2.27 $17.45 $28.80 $51.50 $5.75 $2.82 $17.03 $31.13 $59.33 $8.00 $2.90 $19.60 $34.10 $63.10 $12.00 $2.50 $22.00 $34.50 $59.50 $7.50 $3.20 $20.30 $36.30 $68.30 $9.10 $3.14 $21.66 $37.36 $68.76 $7.71 $3.40 $21.37 $38.37 $72.37 $8.50 $3.35 $21.90 $38.65 $72.15 $12.50 $3.00 $24.50 $39.50 $69,50 $9.00 $3.40 $22.60 $39.60 $73.60 $9.50 $3.45 $23.30 $40.55 $75.05 $5.39 $1.55 $11.59 $19.34 $34.84 $5.83 $1.98 $13.75 $23.65 $43.45 $8.37 $2.27 $17.45 $28.80 $51.50 $5.75 $2.82 $17.03 $31.13 $59.33 $12.00 $2.50 $22.00 $34.50 $59.50 $8.00 $2.90 $19.60 $34.10 $63.10 $7.50 $3.20 $20.30 $36.30 $68.30 $9.10 $3.14 $21,66 $37.36 $68.76 $12.50 $3.00 $24.50 $39.50 $69.50 $8.50 $3.35 $21.90 $38.65 $72.15 $7.77 $3.40 $2137 $38.37 $72.37 $9.00 $3.40 $22.60 $39.60 $73.60 $9.50 $3.45 $23.30 $40.55 $75.05 B,ase- U5-ag-a $7.50 $3.20 $8.50 $3,35 $9,00 $3.40 $9.50 $3,45 I V : 1 UAM; WtLL_--i AND ASSU(. L L; ;405+228+1062 # 2/ 3 ,y RESOLUTION its OUTSIDE INSIDE AND - LIMITS OF THE CITY OF O %', OKLAHOMA submitted WHEREAS, the City of Edmond is operating the water distribution system in the City of Edmond, Oklahoma; and WHEREAS, the following. rate schedules have been the City Manager and it is the judgment of the Edmond City Council that the designated rates are reasonable efficient operation of t-he water system. NOW, THEREFORE, BE IT RESOLVED BY THE EDMOND CITY COUNCIL, t h a t the following water rates are hereby established SECTION Ao Effective with balling beginning February 1, 1990; 1. WATER RATES INSIDE CITY LIMITS: A. For residential, commercial and industrial, except as hereinafter providee 0 to :1,000 gallons 5f9 inch neater 4 ®57 per month 0 to 1,000 gallons 3/4 inch meter 4.57 per mon th 0 t0 1,000 ga IIons 1 inch meter 7 ®53 per month 0 t0 1,000 gallons 14 inch meter 14076 per month 0 to 1,000 gallons 2 inch nie ter 20.69 per month 0 to 18000 gallons 3 inch meter $ 41.90 per month 0 t0 1,000 gallons 4 inch eater 3 ®40 per month 0 t0 1,000 gallons 6 inch meter $126.93 per month 0 t0 1,000 gallons 8 inch meter $229.17 per month B. 2,000 through 3,000 gallons $2 ®70 per 1.8000 gallowls pep o n t h 4,000 through 10,000 gallons - $2.95 per 1,000 000 gallons per month 11,000 gallons and over - $3 35 per 1,000 gallons per month C. For multi - family residences, mobile home parks and other residences which are jointly and commonly metered, whether occupied or unoccupied, $4.57 times the total number Of units will be the minimum charge per month. All water in excess of the first 1,000 OPWA ® Rates 711/04 7/1/03 7/1/02 8/1101 7111/01 10/1/0() 7/1/00 4/20/99 9/3/96 9/19/95 11116/93 10/6/92 12/17/91 6/5/90 6/21/88 7/1/087 5/1/86 Water Rates Minimum bill- 0-1000 gal 7.50 7.30 7.17 7.07 6.07 5.97 5.95 per 1000 gal 3.20 2.92 2.79 2.69 2.44 2.34 2.32 Rural Water Rates* Minimum dill- - 0 -1000 gal 9.00 3.75 11.54 11.47 12.47 11.47 11.37 11.35 per 1000 gal 3.84 3.50 4.68 4.61 4.69 4.44 4.34 4.32 Sewer Rates Minimum bill- - 0 gal 3.33 333 3.33 3.33 3.33 3.33 1.83 1.25 per 1000 gal 2.26 2.08 1.90 1.72 1.54 1.18 0.96 0.92 Polycart Refuse Residential 10.00 8.00 Commercial 12.00 10.00 Yardwaste 61.501 6.50 Ambulance Subscripton Regular 4.00 Senior 2.00 Rural 6.00 City of Tulsa 1.86 1.72 1.59 1.49 Notes: water & sewer rate increases of 10/6/92 earmarked 7/1/00 - OPWA Res #2000-03, City Ord #646 As of 4/99 rural rate is 20% more than city rate 11 ■ E Flat Fees 2.00 2000 gal 3.00 5000 gai 4.50 >5000 6.50 6.50 6.50 Base Number of $ 16,300.00 Annual Usage Rate Usage $ 0.60 Annual Increase Connections 7000 Revenue $ 1.00 Increase Volume Revenue $ 0.50 7300 $ 43,300.00 $ 0.10 654,636,000 $ 65,463.60 $ 1.00 7300 $ 37,600.00 $ 0.15 654,636,000 $ 93,195.40 $ 1.50 7300 $ 131,400.00 $ 0.20 654,636,000 $ 130,927.20 $ 2.00 7300 $ 175,200.00 $ 0.25 654,636,000 $ 163,659.00 Sewer Base Number of Annual Increase Connections Revenue $ 0.20 7000 $ 16,300.00 $ 0.40 7000 $ 33,600.00 $ 0.60 7000 $ 50,400.00 $ 0.30 7000 $ 67,200.00 $ 1.00 7000 $ 34,000.00 Estimated Revenue increase "Multiple Minimums" Per Unit Charge Estimated Revenue Increase Minimum Rate Based on Meter maize I inch meter 2 inch meter 4 inch meter Estimated Number of Water Sewer Increase Accounts Total Additional Annual Annual Annual Annual Total Billed Units Base Fees Base Rate lncrease Base Rate Increase Increase 4 100 96 51.60 4,953.60 19.32 1,854.72 6,808.32 12 48 3e 51.60 1,857.60 19.32 695.52 2,553.12 1 84 83 51.60 4,282.80 19.32 1,603.56 5,886.36 7 120 113 51.60 5,830.80 19.32 2,183.16 8,013.96 13 96 83 51.60 4,282.80 19.32 1,603.56 5,886.36 11 132 121 51.60 6,243.60 19.32 2,337.72 8,581.32 27,451.20 10,278.24 37,729.44 Estimated Number of Monthly Accounts Increase 50 to 100 3.00 100 to 200 15.00 5 to 10 50.00 Annual Increase Range of increase 36.00 1,800.00 3,600.00 180.00 18,000.00 36,000.00 600.00 3,000.00 6,000-00 ga���