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HomeMy WebLinkAbout20230807 2023 Rate Increase Presentation finalWater Utilities Department August 8, 2023 PRESENTED BY Dr. Hani Tohme, P.E. Budget Update Proposed Water & Sewer Rate Increase Capital Program 1 Revenues - vs - Expenditures Budget Update 2 2 Revenues vs. Expenditures *Estimated Based on Revenue & Expenditures up to June 2023 3 3 Revenue projections are based on revenues up to June 2023 and actual 21-22 revenue. Expenditure projections are based on expenditures up to June 2023. Revenue and expenditure projections can change based on unprecedented events, such as hurricanes, hot summers, major equipment/infrastructure failures, etc. Notes 4 4 Rate Increases Implemented To Support Operating Budget & Capital Program 5 5 Water & Sewer Rate Analysis Current Cost for Household Usage of 5,000 Gallons 6 6 Current Cost for 5,000 Gallons Usage Water & Sewer in Cities of 50-100K Populations 7 7 Current Cost for 5,000 Gallons Usage Water & Sewer in Neighboring Cities 8 8 Proposed Water & Sewer Rate Increase Minimum Usage Fee/RTSC and Cost per 1,000 Gallons 9 9 7% Water & Sewer Rate Increase Impact on Inside City Limit Residential Usage Under 10,000 Gallons 10 10 7% increase for Residential Over 10,000 Gallons & All Commercial & Industrial Tiers Inside City Limits 11 11 7% Water & Sewer Rate Increase Impact on Inside City Limit Residential Usage Under 10,000 Gallons 12 12 Proposed Capital Improvements Program 13 13 14 14 Capital Improvements Objectives Protect public health and safety, provide uninterrupted services, and improve the quality of life Meet/exceed Environmental Protection Agency (EPA) and Texas Commission on Environmental Quality (TCEQ) requirements and regulations Rehabilitate/replace aging infrastructure 15 15 Questions THANK YOU 16 16