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08/22/2024
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08/22/2024
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9/23/2024 2:00:27 PM
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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. Executive Summary <br />• to IRCDUS' service availability and volumetric charges other than indicated adjustments in the level of the <br />rates to recover the revenue requirements of the system identified in the RSA portion of the Study. Complete <br />schedules of recommended water, sewer, and reclaimed water monthly user rates for FY 2025 and FY <br />2026 are included in Appendix C of this report. Table 3 provides the monthly bill impacts of the proposed <br />rates for a residential customer with water and sewer service using 4,0006 gallons per month. <br />Table 3 - Residential Water and Sewer Monthly Bill Impacts: Proposed Rates <br />Description <br />FY 2025 <br />FY 2026 <br />Water and Sewer Monthly Bill: @4,000 gallons <br />$60.44 <br />$67.70 <br />$ Change <br />$9.77 <br />$7.26 <br />% Change <br />19.3% <br />12.0% <br />Stantec also completed a local comparative residential monthly bill analysis based upon the current FY <br />2024 rates for a typical residential customer using 4,000 gallons of per month. As shown in Figure 3, <br />IRCDUS' rates are the lowest of water and sewer service providers for a typical user in the area by more <br />than $17 per month. Additionally, even after the proposed rate adjustments in FY 2025 and FY 2026, <br />IRCDUS' would continue to have the lowest typical residential bill, without even considering future rate <br />adjustments occurring in the other communities over the next two fiscal years. <br />• <br />6 Reflects the typical monthly water demand for a single-family residential customer within IRCDUS' service area. <br />• <br />7 <br />
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