Laserfiche WebLink
HISTORY OF WATER RATES <br />•Pleasanton’s Water Enterprise Fund pays for the City’s water systems, <br />operations, and related costs and services <br />•Costs are not covered by the City’s General Fund <br />•From 2011 to 2023,while Zone 7 increased rates, the City's rates were <br />only adjusted for inflation. <br />•First 20 CCFs FREE for all customers - Cost the City $500,000/year <br />•In 2023, approved an emergency rate increase, deferred additional rate <br />increases. Rate increases went into effect in January 2024 and 2025. <br />•Added first Zone 7 fixed charge to rate structure, previously all variable <br />•Driven by aged infrastructure and decommissioning of the City’s <br />groundwater wells <br />•City began importing 100% of its water from Zone 7 <br />PRIORITIES FOR RATE SETTING <br />•Ensure Financial Stability and Resiliency <br />•100% Recovery on Zone 7 Fixed Costs <br />•Greater Revenue Stability <br />•Eliminate Unfunded Subsidies <br />•Establish Consistent, Equitable Rates <br />•Achieve Higher Cost Recovery <br />•Reduce Legal and Financial Risk <br />•Maintain Affordability through Appropriate Assistance Programs <br />•Meet Short- and Long-Term Infrastructure Needs <br />"Pleasanton is committed to <br />providing a safe, reliable, and <br />sustainable water supply for <br />residents and businesses— <br />now and well into the future." <br />Page 219 of 249