10/1/1991 - Laserfiche WebLink

Home Browse Search

CTdr .j A a CH2M HILL - FINAL REPORT The Board reviewed memo from County Administrator James Chandler dated September 25, 1991: ,.TO:. Board of County Commissioners DATE: September 25, 1991 FILE: CH2M HILL - FINAL SUBJECT: REPORT FRO • James E. Chandler County Administrator p •::. REFERENCES: . t. CH2M Hill has completed the independent evaluation of the original Water and Wastewater Fee and Rate Study adopted by the Commission on March 12, 1991. In the process staff' has. "met with ' CH2M Hill and has reviewed the 'draft report. ' The draft report concludes that no adjustment of rates Is warranted. Staff is satisfied with the Independent evaluation performed and concurs with the findings in the draft report. The final report is to be received by Friday for distribution with the agenda packets. Representatives of CH2M Hill will be present at Tuesday's Commission meeting oto respond to any questions concerning the report. Commissioner Scurlock complimented CH2M Hill on the excellent job on the rewrite of the report. He felt it was important for the Commission to be aware that the construction fund was restructured and that was how the figures were balanced. Commissioner Eggert asked what the impact will be in fiscal year 1994. Administrator Chandler explained the original recommendation was to try over the years to accrue funds within the construction fund so we could do some of these projects without necessarily resorting to bond funding. Our projections for FY 192 and FY 193 funding levels are less than what we had hoped to build up but we hope in FY 194 to get up to the projected level. Commissioner Scurlock stated the Cash Carry Forward and the Construction Reserve have been adjusted significantly and will have to be built up over the next two-year period. He stressed the seriousness of the problem and the excellent job CH2M Hill has done in the modification of the formula and the resulting unchanged rates. 0u