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08/22/2024
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08/22/2024
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Last modified
9/23/2024 2:00:27 PM
Creation date
9/23/2024 1:41:08 PM
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Meetings
Meeting Type
Workshop Meeting
Document Type
Agenda Packet
Meeting Date
08/22/2024
Meeting Body
Board of County Commissioners
Subject
Utility Rate Study Workshop
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1.Introduction <br />significant number of projects that provide additional system capacity for each functional system <br />component to be representative of the cost of capacity for an entire system. <br />Combined — Relies on the system's existing assets as well as the growth -related capital projects as <br />the cost basis for the fee calculation. This approach is most appropriate to use when 1) there is excess <br />capacity in some of the functional components of the existing system that will accommodate growth, <br />but additional capacity is needed in the relative short-term as reflected in the CIP, and 2) the CIP <br />includes significant projects that will provide additional system capacity but does not necessarily include <br />projects in each functional component to be reflective of a total system. <br />The buy -in approach serves as the cost basis for the IRCDUS' water and sewer impact fees because each <br />system can accommodate near-term growth with the current capacity of each system, and IRCDUS does <br />not have significant plant and transmission capacity expansion projects identified in the near-term capital <br />plan. As such, the buy -in approach serves as the appropriate basis to calculate IRCDUS' impact fees. <br />M 113 <br />
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