Loading...
ERMUSR MISC LETTER 07-15-2008~j Elk River -= Municipal Utilities 13069 Orono Parkway • P.O. Box 430 Elk River, MN 55330-0430 July 9, 2008 To: Elk River Municipal Utilities Commission Jerry Takle Jerry Gumphrey John Dietz From: Bryan Adams Subject: Miscellaneous Issues Phone: 763.441.2020 Fax: 763.441.8099 Enclosed is the packet for the Tuesday, July 15, 2008 commission meeting at 4:00 p.m. The cooler and wetter weather continues to affect electric and water usages. Electric usages are up 6.5% above last year due to the data centers while water usages are down 9.5% from last year. Enclosed is the following information for your review. 1) June 27, 2008 edition of The Kiplinger Letter addressing gas prices. 2) Sherburne Tribune article titled, "Demographer says CRUW region will continue to grow." 3) Waterworld June 2008 article titled, "Mayors Question Costs of Bottled Water Usage." Our Well #9 was put into operation, although there are still many clean-up items to be completed. Many employees are asking about going to a 4 day work week as a strategy to save energy. Some cities have tried it with mixed results. Because most of our employees live within the 12 mile report distance, I question if we would save much energy. Because of our service to the public we would still be open 5 days/week and open 10 hours instead of 8 hours. The extra 2 hours of building operation may off-set any transportation cost savings. Does the commission have a strong opinion about this issue? ^ ^ e ~ in er ester FORECASTS FOR MANAGEMENT DECISIONMAKING 1729 H St. NW, Washington, DC 20006-3938 • kiplingerbiz.com • Vol. 85, No. 26 Dear Client: What to do about high gasoline prices? Lawmakers are scrambling for solutions. The list of ideas is lon>?: Politically popular but economically useless. Economically sound but politically suicidal. And everything in between. The list of what is actually doable is short. While politicians of all stripes deplore the high prices, there's an enormous gulf between the two parties on how to lower them. Here's how we rate the options. More offshore drilline: Not now...maybe later. Democrats say no to lifting the moratorium, Republicans are for it, and election year sparring will keep the debate roiling at least until next year. A modest expansion isn't out of the auestion in a few years, if states get a share of the lease cash. Reouirin~ current drilline leases to be used: Lengthening odds. More policymakers are being persuaded that not all leases can pan out. Tapping the Arctic National Wildlife Refuge: Not with Democrats in control of Congress. Washington, June 27, 2008 ~ ~ 1' ~ ® " GDP growth ~ . Slowing to 1% in 'OS .............................................................. ...... ... Interest rates Prime rate at 5.25% at year-end, .......... 10-year T-notes yielding 4.25% ............................................................... Inflation ' .......... Holding at 4% in O8 ............................................................... Job growth -- ' .......... Falling to 10,000 in 08 .............................................................. Crude oil .......... Averaging $110/barrel this year .............................................................. Housing sales .......... Falling 10% in 'OB ............................................................... Retail sales growth .......... Slowing to 2% this year ............................................................... Trade deficit Easing to 4.2% of GDP in '08 Complete economic outlook at kiplingerbiz.com/outlooks A federal anti-price-gou~in~ law: Yes, but it's lust afeel-good measure. Congress will set penalties and give the Federal Trade Commission a green light to investigate gasoline, natural gas, home heating oil and propane markets. But gouging is tough to prove, and all states already have such laws on the books. Taking legal action against OPEC: A pipe dream. The House passed a bill authorizing the Justice Dept. to haul foreign governments acting as a cartel into court. But the Senate won't go along, and such a move would trigger an international fracas. Curbing market speculation: A yes for more federal oversight...eventually. Federal regulators will gain authority to govern oil futures trading more closely, requiring more transparency and reporting of trades and possibly limiting the number of contracts any entity can hold. But no new law until 2009, after months of yakking. As for an outright ban on oil market speculation: No wav. Wall Street will prevail, arguing that reasonable speculation is needed for markets to function. Suspending, federal has taxes: Dead. It would just spur more gasoline use. Hiking_gas taxes: Also dead. It's politically untenable, and with pump prices at record highs, even advocates recognize that conservation is already getting a push. Reinstating a 55 mph speed limit: Ditto. Congress wouldn't dream of it. More nuclear power: Yes. Barack Obama and John McCain both support it, and it will be essential for fueling the widespread growth of plug-in vehicles. Easing refinery regulations. M~be. It'd be easier to facilitate expansions of existing Gulf Coast refineries than to build new ones. Still, green groups will howl. The Kiplinger Letter (ISSN 1528-7130) is published weekly for $1171one year, $199(nvo years, $263lthree years Subscription ingllirlBS: 800-544-0155 or subservices@kiplinger.cvm by The Kiplinger Washington Editors, 1729 H SL, NW, Washington, DC 20006-3938. Editorial In/Ormati0n: Tel., 202-887-6462; Fax, 202-7788976; POSTMASTER: Send address changes to The Kiplinger Letter, PA. Box 3295, Harlan, IA 51593. E-mail, letters@kiplingercom; or Web site, kiplingerbiz.com -p ~y i i. `~ 4-. v ~ N ~ `v' '~ O C ~ v ~0 ~ ' G 'b ~ ~ ~p v ct; [ ~' v O C v 'S C -d a, ~ ~ O G ~ O '" ~ ~ 'q ~ ~ y 'd ro ~ j ~ ~, " R ~; H ~_ m O O rti ~~ ~. w p x, ~ p u .x s• 'd o C G v~ ap ~ ~ [ G ~ rya o ~ .~ ~ o o ~ ~; -~ ~ zs c O ~ ~ ~ ro c a ~ [ O C ~ O ~~ L ~ v a+ N,v ~ v ~ bA ~ ~ ~ U cd -d ~ ~ O W `d caws w 1/1 Q. ~ ~ '~ ~ ~ '~ v 4" ~ aul O ~ q b u ~ O v~ 0 'd u O h O 4, u~ O y '~ u~ v ~ b `~' v[ ~ v o.o.~,~ `~~~~ alb ~~ a`ni ,~ ~ ,s'J u ~ a~i > ~ u ~ a~i o ~ h a a ro H t° ~ p v `~' sv. 0 ~ 0 c"a ' ~ . [ ~ ~ ~ a ro Q a~ ~ '~ W ~ q. '+'7~,., O O O CL U .~ `~ a.7 N~ ~ ti p ~ u +~ ~" ~ ~ s. v U" td ~ TJ u , ~ ~ O ~ O H O • ~ ~j `d v ~ q ~ O ~ ~ ~n ~ o~ . ~ u M ~ °~ O ,rJ ~ v ~ v v ~ . ~ +C~ O v ~ ~ ~ ti ..~ . ~ b c[v ca ~ c 0OC+ ~ °~ vv, a O 'b v v [ H ~ > ~ ~ c''a ~`~i ~ ~ ~v+ ~ c'"e -~ G ~ ~ ~ .~" .D v, cad r~i> ~ ~ . ~ ~ bA ~ id ~ . ~ C O Q '~' p h ° ~ ~ O ~ 0 is ' ~ .~~' ~ ~ U ~ u ;~ p ~ ~ o O ~ o r~ tap ,7 ~ C w v0 d O ca ~ ~ 3 ~~ ~~~ ~~ y ~~~ L o o.~ ~ °a~~ ~ U ~ ~ o '~ ~ ° ~ ~ o ~ .ty ,~- v H ~ '~ ~ [ ~ o r1] O r~-, u ~ v ~" ~ ~ N u '~' O. C y"j a O ~ , a;, v ~ ~ cd ~ ~ N q v '~ O ~ o ~ .~ y ~ ~ ~ u ° 'd ~ ro ~ O ~ u 5 ~ G ' c i' I~ o ~ ' ~ ~ a~ O ~ ~'" v ~ O ~ '~ h p n ~ ~ ~" O 0 . ~ N ~ ~ `d ~ 4. ~ - ~ v~ O O ~ c,H ~ ~~ ~ ~ ~ ~ ~ ~ ~~ ~ ~~ ~ ~ ro ~ o ~ -d ~ `~ .~ w . ~ . ctl '~ ~ ~ ~ ~ .b ~ [ U . o ~; ~ ~ ~ o o, 3 b [ ° v ~ VJ O ~ ~ L (d ry Lei 'b ~ ~ ~ ~ ~ ~ ~ ' ~ op ~ 3 i a G~ O ~ v ~ ~ p u ti ~ G C O . o u o ~ v .o ro" n n~~ n 0 W f~L ~Gi, ~ ~ ~ fOD ~ 0. n r~ ~ w ~ y ~. ~ ~ ~ p w n p~ ~~ ~J' ~' R n O ~ a ~ Ciy rt rn ~ H ~O ~ fD n 0 rb ~ ~ w N Co- n C ~- u, ~ ~ ~ " p n G ro p. ~ ~ ~~' rr G- ~ p n ~ ~ p CJQ p~ ~ ti 'D rt ~, p" R O P ~, ~' p r ^ n ~ G ".T vC y ry+ h ry ~ w ~ ~. Gam' ~. 6i w O O ~ ~ ~ rp ~ O n Q- ~ ~ ~ i I n ] rte', ~ p w ~ ., yy' O pG-' .~'i' < n `~' G fno CCc ~ ~ `C C C~'o""~ ~ ~ ~ ~ r° Gy Q4 Q' O ^ 'J ^ w ~~„ w ~ . ~' . ~ . ~ ry `C C. ~ O n ~ ~ ~ R. ~ ~ p, a. ~ y "' P- ~y ~ w w ~ ~ O ~ ~ ~ why ~, ~ ~ UGq 'D ~ p~'i ~ '.~w. '~ rt ~ ~ ~' ''~~' ~ Q- p ~ r+ prMi n p w ~ ~ O ~ ~ ~~- " P- UQ~ n ha{-'.. ~ ~ Q' ~' ~ n ~ P- Ort O ~. ~, O ~ ~. ~ y O ~ ti~r ~ ~ 5 ~ n w ~ ~ ~ O i° ~ ^ n ~ ~ ~', ~ n '.7OJ. ~' rr < 0. ~ "J ,~' n0 ~ y ~ p ~ '~ O Q ~ O '.nD O n w cv ~O R p r~ ~C O ~*.y~'n G ~ a' n N ~ WW Uq uni G f`YO N P- n~.! Q ~' ~ (7q ~' N n ^ x y ~ •7' td "D ~ ~ a' ray 'U n O R ~ ti ~ G- ~ P ro ~ w rn+ P- ~': r* R' n rY ~ ~ w O ~ ~ s O ~ ~. O ~ ~ ~ n w ~ G O ~ w p ~ ~ ~ coqo f, ~ n ~ ~ p w ~ ~ ~ . ~ ~ • rn ~ ~ ~ G ~ O ~' n ~w ~ . Q" ~ lTJ G O ~„' G WW ~ `C ti O P n .'7 ~p y p, n z,fn-r' O p ~-, rr w O C~Y C7 ~' ~ ~ rP-i P- '~' (9Ir~. ~ ~ ~ to ~ ~ ~ ~ ~ O P ~C Lj- ", ~e ~ ~ n w y O ~ w d w ~ ~ n b AO w C ~ ~ n c•o Z ~ R- n ~ n0 'D Ct y n N UQ '~~' y' 'tj ~ ~ C. ~. ~7 ry ~' ~N ~ ~ ;; perp?? Q. O ~ r~'r O O ~ w ~ ~ G UGG ~ O G z G w `< w ~-' 'V w d r' O^ crto ~w-r, a n y x G ~' clq n p~ w G*. pp.~~ ~' ~D' ~v a~ (~'D O C ~ ~ CD n ro ~ ] n G`. ~ v, ~ v], O rr O. a'. O ~ '~ ~ h h O fC p' h _~ A r-t ~ ~ C~9 .a P- .~. ro ~ O ~ ~ ry ` n w ~; ~ O Q' rr ~ O .a ~ R. cn Ort dGC ti A.. Q' p ~ `C N O ~ O n a„ ti n ~ P ^ d o ro ~o ?C ~J ~° ~ ~ rn ~ x+ X A ~ ~ G ~ n ~ ~' ~. ~ ~ y O ~ w ~ as "o G dq G ,~ n ~ ~'- ] ~ fl ~ ~ ~ n n n n w L"~ O p.. ~ p n ~ w w cn n ~ O r. ^_ ~ ~. `~ ry ~ CT ~. p.. ro n y ~` ~ N ~ n r' ~ P- O ~ ~ ~ O Cn ~ ~w ~ ~] ~ ~ ~' ~ O ~ ~ n G- ~ O ~ y ~ (~ to p~ ~ N 't7 6s 6s ~--~ w ~. r* ~ ~ N ~ ~ G R N ~ • ~ G ~' ti G- ~y, ai • O b ..'"~'''~ SZ- ~ ~'- O n • aA- y p ~ O ctt ~ • G R y O G a- C p _r~ fD ~ ro ~ ~ cn G `O O b. ~ ~: !~ yy 0 = G'. rr F . b w r~ "' ~ ~ ~ p- ~ ~ w p O ^`, ~'' w n Q °R' ~ ~' ° v, i-t O '~ C/1 (~D ~ ~ ~ O ~ ~ y O ~' O~ ~°- ~ ~ W ~ Gt y n O~ L~. G~ ,C p ~ C G 0~ p~ ~y w p n Z O w . ~ C ~ '~,' '.7' r* p~ 'a O N `~ .C G `'~ O O c "'~ n Co O p ~' a- a; `C ~'. ~ p w h7 ~ rr dG O tt dQ r O' ~ p p ~ G ~. ~ C ~' r<c ^ R~ f* ~ ~ cCv ~ ~ n v, ~ G ~ n O ~ w ] G is `q ~ " G. w "' p cT n~ b ~~ Z ,~ y. n ~ a z ~ w ~'° ~ ~ ~ ~~i. n ~ p ~ ~ ~' Q- w ~ O ~ k ~ ~ ~v ~' ~ o o o cra o n ~ ~ f~ w ~ . ~ "O ro ,~ y o y ~ ry a'_ o y '" C ' 7 '~ ~' w ~ n w G o c`am'' N w ¢- a' ww p. LAT. 7K.. w O G ty ~• v, P' n rt ~" rr OQ ro R' ~'- O ~D [o ~ tF``o n ~ W ~ ~ O .'7 O ,~ P- _ n ~ Demographer says CRUW region will continue is grow Jennifer Edwards Staff Writer Minnesota is a prosperous state and those who live in the Caring Rivers United Way (CRUW), region enjoy a relatively high standazd of living, says State Demographer Tom Gillaspy, who spoke at a luncheon at the Big Lake American Legion last week. Gillaspy was invited back to speak at a Caring Rivers United Way community forum to update information he shared at a similaz forum last summer. CRUW hosted the forum to gain a better understanding of the people and communities they serve. The economic growth rate in Minnesota has exceeded the national average. Minnesota ranks among the best places in the world on many social and economic indicators, with education playing a key role in the state's success. "We are first among those with a high school diploma and 12th among those with at least a bachelors degree," Gillaspy said. "We are first in the number of people owning their own homes .and first with the percentage of people having health insurance." With 76.9% of those aged 16-64 employed, Minnesota ranks second in the nation in ,percentage of employment, has the eighth lowest poverty rate in the country and is ninth in median family income. "But past performance does not ensure future results," Gillaspy said. C R U W Continued From Page 1 and from now on, numbers of students entering school will begin to decline, although that is not true in this area Gillaspy said. Slower growth in the labor force will highlight the importance of growth in -pro- ductivity. Fewer people will retire at age 65 and there will be fewer workers available to replace those who do retire. Aging Not Normal "It is not normal for a society to age," Gillaspy said. "The first wave of the baby boom generation turns 65 in 2011. In 2008, Minnesota will see a 30% jump in workers turning age 62." Minnesota is one of the most homogeneous, least diverse states in the union. Most people who live in Minnesota were born here. While people from other states and other countries are moving in to Minnesota, most of those moving into Sherburne and Wright coun- ties are from Minnesota. The population of Wright and Sherburne counties has become more diverse, a trend which will continue. It is less diverse than most of the state. The population in place is aging, but the migrant population is young and vibrant. Over half the growth this decade will be among the minority popula- tion. "Population growth in the state is 6.3%. Population growth in Sherburne and Wright counties is 29.4%. Population growth in Monticello, Rogers and Buffalo is 46.1%," Gillaspy said. "And that strong growth is projected to con- tinue." From 2010 to 2020, most age groups will see growth in the Caring Rivers United Way region, and the azea will have a younger than average population than the rest of the state, the nation and most of Europe and Japan. Competition for the future workforce will increase and the migrant population will become increasingly impor- tant to the labor force. Life Cycle Changes Life cycle considerations will alter housing and spend- ing decisions as more house- holds become single person or empty nest couples living alone. The biggest growth in this azea will be among those living alone or without chil- dren. "We are about at the tip- ping point now," Gillaspy said. "The number of maz- ried with children families is about equal to the number of empty nesters." Dramatic increases in the cost of health care will also impact how and where peo- ple live and spend their money. With oil prices rising ever higher, commuting to work becomes a less viable option every day. The Northstar commuter train, which is scheduled to begin passenger service late in 2009, offers an alternative to driving. A severe slump in the housing market which has impacted .the community which has been hard hit by "Forces are at work which will impact the way people in this region live, work and compete in today's global market." An aging population, glob- alization and changes in technology will impact our economy, along with an upswing in immigration and a sharp increase in the cost of healthcare. "Minnesota has been a very successful state, espe- cially for a cold-weather state at the end of the road," said Gillaspy. "But we are in a period of rapid and critical change. " Across the state, there will be a decline in the number of students entering school. This year saw the largest graduating class in the state CRUVII Continued On Page 17 foreclosures. The housing slump will also effect the work force as people who have been clinging to equity in their homes to fund their retirement see that nest egg disappear. Payroll has been lagging behind the national average since 2006 and well behind the rising cost of food and essentials. All these condi- tions combine to keep people in the workforce longer than previous generations. "Rapid change results in great challenges and great opportunities," Gillaspy said. "We will know more after the 2010 census. It is very important everybody be counted." Gillaspy has been Minnesota's state demogra- pher since 1979. He earned his a Ph.D. in economics form Pennsylvania State University and specializes in economic demography. He also holds a masters degree in agricultural economics and earned his undergraduate degree in economics at the University of Texas, Austin. Sponsors of the communi- ty foram were the Big Lake Chamber of Commerce, the City of Big Lake, the Big Lake Business Retention and Expansion Committee, BOB 106 Radio, Elk River Chamber of Commerce and the Big Lake American Legion Post 147.