Laserfiche WebLink
Rate Study Overview <br />5 <br />Financial Plan <br />Develop funding plan <br />for SSMP / CIP <br />Determine annual <br />rate revenue needs to <br />maintain financial <br />sufficiency <br />Cost-of-Service <br />Allocate costs of <br />sewer system <br />Determine cost to <br />serve each customer <br />class <br />Rate Design <br />Develop sewer rate <br />structure most <br />suitable to meet <br />City’s goals and <br />objectives <br />Evaluate customer <br />and rate classes <br />Completion by <br />May/June 2026 <br />Rate Adoption <br />Document rate study <br />in report <br />Adopt sewer rates <br />according to <br />Proposition 218 <br />process <br />Completion by <br />November/ <br />December 2026 <br />We are here <br />Changes to the Sewer Financial Plan <br />•Council previously selected the “Maintain” scenario (February 17 meeting) <br />•Goal: stabilize system condition over FY 2026 - FY 2030 <br />•Scenario requirements: <br />•$27.4M in additional rate revenue <br />•$28.0M in debt financing <br />•City staff adjusted timing of O&M and CIP projects to meet bond advisor requirements <br />•No change to total funding needs; timing of costs and debt issuances have shifted <br />•Five-year system stabilization goal remains unchanged <br />6 <br />5 <br />6 <br />Page 18 of 27