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HomeMy WebLinkAboutR-10637 - Establishing the water rates and drought surchargeRESOLUTION NO. 10637 (2015 Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS OBISPO, CALIFORNIA, ESTABLISHING THE WATER RATES AND DROUGHT SURCHARGE WHEREAS, it is the policy of the City of San Luis Obispo to review enterprise fund fees and rates on an ongoing basis and to adjust them as required to ensure that they remain equitable and adequate to fully cover the cost of providing services; and WHEREAS, a comprehensive analysis of Water Fund operating, capital, and debt service needs has been performed for fiscal years 2015-17 through 2019-20; and WHEREAS, this comprehensive analysis has been revised based on updated revenue and expenditure information; and WHEREAS, current drought conditions and the Governor's Executive Order to reduce water use by 12 percent have been taken into consideration when evaluating consumption and water revenue; and WHEREAS, the Council has reviewed the water service rates necessary to meet system operating, capital, and debt service requirements under current drought conditions; and WHEREAS, the Council desires to modify the existing water rates and include a drought surcharge; and WHEREAS, the Council authorizes the Utilities Director to reduce the drought surcharge, should revenues surpass anticipated revenue levels; and WHEREAS, a public hearing was properly noticed and held on June 16, 2015; and WHEREAS, a majority protest, as contemplated by Article XIII D of the California Constitution, was not received by the conclusion of the public hearing. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Luis Obispo as follows: SECTION 1. Resolution No. 10442 (2013 Series) is hereby rescinded, effective 11:59 p.m. June 30, 2015. SECTION 2. The water rates set forth in Exhibit "A" are hereby adopted, establishing water rates and drought surcharges effective July 1, 2015 and July 1, 2016. SECTION 3. The water system access charges for emergency purposes, such as fire protection, are increased from $57.66 per month to $68.60 per month, effective July 1, 2015 and $79.59 effective July 1, 2016 to reflect the increase in water rates. R 10637 Resolution No. 10637 (2015 Series) Page 2 Upon motion of Mayor Marx, seconded by Council Member Christianson, and on the following roll call vote: AYES: Council Members Christianson and Rivoire, Vice Mayor Ashbaugh, and Mayor Marx NOES: Council Member Carpenter ABSENT: None The foregoing resolution was adopted this 16th day of June, 2015. MVan an Marx ATTEST: Anthony Mejia City Clerk APPROYED AS T i pristine Dietrick City Attorney IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of San Luis Obispo, California, this j / day of V/+ , 0 --Lo (1 0. lfil c� Anthony J. Mejia, MMC City Clerk R 10637 Resolution No. 10637 (2015 Series) EXHIBIT A MONTHLY WATER SERVICE RATES Rate Basis Base Fee Current $5.28 July 1, 2015 $7.63 July 1, 2016 $9.98 Drought Surcharge $0.00 $0.37 $0.74 Volume Charge 0 — 8 units $6.92 per unit No change No change Tier 1 Drought Surcharge $0.00 $0.98 per unit $1.10 per unit 9+ units $8.65 per unit No change No change Tier 2 Drought Surcharge $0.00 $1.23 per unit $1.37 per unit 1 unit = 100 Cubic Feet = 748 gallons of water For service to customers outside the City, the water rates are two times the "in -City" rate. Recycled water charges are 90% of potable water charges. Page 3 R 10637