HomeMy WebLinkAbout06-10-2014 B2a PPP 140610 Water and Sewer Fund Review.pdfUtilities Department
Water and Sewer Fund Reviews
City Council Meeting │ June 10, 2014 │ Business Item ?
Water and Sewer
Revenues and Expenditures
Water rate increase – 5.5%
Necessary to meet bond
coverage requirements
Effective July 1, 2014
Sewer rate increase – 3.0%
Supporting Water Resource
Recovery Facility Projects
Effective July 1, 2014
As projected at
2013-15 Financial
Plan Adoption
2014-15 rate
increases adopted
with 2013-15
Financial Plan
Capital Program - Water and Sewer
Water
Valve vault replacement = $109,000
Unreserved working capital
Added to expenditures as projected at 2013-15 Financial
Plan
Sewer
Expenditures as projected at 2013-15 Financial Plan
Project reprioritization
Water Fund Recommendation
Review and accept the FY 2014-15 Water Enterprise
Fund Report
Conceptually approve the FY 2014-15 Water
Enterprise Fund budget, with final action on June 17,
2014, with the adoption of the 2013-15 Financial Plan
Supplement
Adopt a Resolution entitled “A Resolution of the City
Council of the City of San Luis Obispo, CA, setting
charges for water customer valves, adapters, meter
boxes, and lids”
Sewer Fund Recommendation
Review and accept the FY 2014-15 Sewer Enterprise
Fund report
Conceptually approve the FY 2014-15 Sewer
Enterprise Fund budget, with final action on June 17,
2014, with the adoption of the FY 2014-15 Financial
Plan Supplement