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5.7. ERMUSR 11-13-2008Ji Elk River -~ Municipal Utilities 13069 Orono Parkway • P.O. Box 430 5 ~ Phone: 763.441.2020 Elk River, MN 55330-0430 Fax: 763.441.8099 November 4, 2008 To: Elk River Municipal Utilities commission Jerry Takle Jerry Gumphrey John Dietz From: Theresa Slominski Re: Proposed water rate changes 2009 At the last commission meeting staff was asked to review the possibility of changing the fixed monthly charge instead of the 1 sr step rate for the 2009 budget. It was noted that a 10¢ increase of the base rate results in approximately $50,000 additional revenue. Based on the number of meters, a $1.00 increase in the fixed monthly charge results in $47,500 additional revenue (and a $2.00 increase results in $95,000 additional revenue.) Currently the base rate is $6.50 and so this would increase the base rate to $7.50 or $8.50. At the December 2007 commission meeting, a comparison was presented of some surrounding areas typical monthly water bill from the AE2S North. Central Utility Rate Study (a copy is attached) and the fixed rates ranged from $2.00 to $15.00, with the average being $7.88. Changing the fixed rate seems reasonable given the above information. If it is the commissions desire to change the fixed rate, some scenarios are also provided to compare and review. ix ,~* ~ ' ~a ~s• ,N~:,+ua.i~.ae hY,r /~. r s; ~, s'~ ~ . .mil P ;t.1:. _... Sidney, MT Rochester, MN Monticello, MN Cloquet, MN Lake City, MN Belgrade, MT Faribault, MN Albert Lea, MN Willmar, MN Elk River, MN Austin, MN Buffalo, MN Detroit Lakes, MN Owatonna, MN Northfield, MN Livingston, MT Kalispell, MT Brainerd, MN Minot, ND Stewartville, MN Brookings, SD Pierre, SD ~ Waite Park, MN U Alexandria, MN Jamestown, ND _ Spearfish, SD _ North Mankato, MN _ Litchfield, MN _ Zimmerman, MN _ Brandon, SD _ Hibbing, MN _ Devils Lake, ND _ Worthington, MN West Fargo, ND Marshall, MN Bemidji, MN Wahpeton, ND Baxter, MN Grand Rapids, MN Hutchinson, MN Winona, MN Vermillion, SD Crookston, MN Missoula, MT Red Wing, MN New Ulm, MN St. Francis, MN , 0 GROUND WATER SYSTEMS .. L-~ ~~ _ $11.50 °-~ - = `_ $12.73 _ "-~`~_="=_-- $13.38 Water Fixed Charge _--=___~="__ _ = "~ $14.58 -_- ______ $14.83 t_' Water Volume Charge $15.03 (Excluding Minneapolis / -- -_ - ~: $15.41 St. Paul Metro) ~_~- - --- - -- ---_ -- - --- $36.07 __-- ---_ :_. `__ ____ -_.- ~- $36.28 --- ---- --- ,-:- $37.25 5 10 15 20 25 30 35 40 Typical Monthly Residential Water Utility Bill ($) 45I _I Scenario 1 Scenario 2 Scenario 3 Fixed Monthly Charge 6.5 7.5 8.5 Fixed Monthly Revenues $ 306,215 $ 353,325 $ 400,435 Tier/Step Revenues $ 1,566,490 $ 1,557,972 $ 1,557,972 Tier 1 $.10 increase $ 43,843 Total Revenue $ 1,916,547 $ 1,911,297 $ 1,958,407