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BOOK �� PAGES <br />Mr. Hutchinson next focused on the recommended water and <br />wastewater rates chart, emphasizing the avoidance of rapid <br />increases and encouraging conservation. <br />REVENUE REQUIREMENTS <br />Fiscal Year 1990 - $5.6 million <br />• Fiscal Year 1991 - $6.8 million <br />• Fiscal Year 1992 - $11.0 million <br />Fiscal Year 1993 - $11.6 million <br />• Increases from Fiscal Year 1991 to 1993 <br />Operating Expenses - $1.0 million <br />Sludge Management Facility Debt <br />Service - $0.8 milliion <br />Debt Service for Other Capital <br />Improvements - $0.6 million <br />- Increased Contributions to Renewal <br />and Replacement Fund - $0.4 million <br />- Contributions to Construction Fund- $2.0 <br />million in 1992 and $1.5 million in 1993 <br />Mr. Hutchinson noted that revenue requirements will nearly <br />double from 1990 to 1993 and recommended higher contributions to <br />the Renewal and Replacement Fund. He pointed out that each <br />customer actually will pay less for the first 3,000 gallons but <br />higher as consumption moves over 3, 000 gallons and higher still for <br />consumption over 7,000 gallons per month. <br />It was noted that the increase in charges for higher water <br />usage is intended to promote and reward conservation. <br />30 <br />