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Page 4 of 6 <br />capacity within the distribution system. <br /> <br />Priority Level B: These projects provide measurable progress toward achieving the City’s <br />goals, but the City has a moderate level of control as to when these projects should be <br />accomplished. Examples of these types of projects include end-of-useful life, age-related <br />failures, and maintenance history-type replacements. Examples of these types of projects <br />include the pump station and turnout improvements, and water tank modification projects. <br /> <br />Priority Level C: Projects not meeting the criteria for priority level A or B are ranked as priority <br />level C. These are projects that are anticipated to be needed, but may not yet have defined <br />scopes, schedules, or funding sources. Examples of these types of projects include system <br />improvements and communications improvements. <br /> <br />Initial 10-year CIP Results <br />Tables 1 and 2 below provide a snapshot of the anticipated, unprioritized CIP costs for the first <br />10 years of the WSMP starting in FY 2023/24. These costs are preliminary and are subject to <br />adjustment based on financial considerations. This should be considered a first look at water <br />enterprise capital needs and will necessarily change as the evaluation continues through the <br />following steps: <br />• Determining who pays - new vs existing customers and evaluation of the City’s water <br />system connection fees and charges <br />• Reviewing maintenance history and interviewing staff regarding the higher-ranking <br />projects to fine-tune the project timing to ensure City staff experience is integrated into <br />the final results <br />• Iterating with the rate model and financial plan to achieve a levelized or regular <br />increasing spending plan affordable for ratepayers but also sufficient to support a high- <br />performing, reliable water system operation over the long term <br />• Have a final CIP ready to go for the next 2-year rate study with rate adjustments and <br />projects starting in January 2026 and ready for incorporation in the FY 2026/27 <br />budgeting process. <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />[report continues on following page] <br /> <br /> <br /> <br /> <br /> <br />Page 237 of 270