RES 87418 - Laserfiche WebLink

City of Pleasanton Water Connection Charge Rates Effective November 1, 1987 Meter Size Present Rate 1987/88 1988/89 1989/90 Less than 1" $ 285 $ 432 $ 466 $ 500 1" 535 ' 815 875 940 1.5" 1,070 1,620 1,750 1,875 2" 1,710 2,590 2,795 3,000 3" 3,200 4,850 5,225 5,610 4" 5,350 8,100 8,740 9,375 6" 10,700 16,200 17,475 18,750 8" 17,100 25,920 27,960 30,000 10" 21,375 32,400 34,950 37,500 Table 3 shows unaudited 1986/87 and projected 1987/88 through 1989/90 revenues, operation and maintenance expenses, and net revenues of the enterprise available to make estimated Lease Payments for the Sycamore Reservoir and Corporation Yard Projects beginning in 1989/90. Data in Table 3 is based on the following considerations and assumptions: (1) Water service charges which become effective November 1, 1987 represent an increase of approximately 22% annually per dwelling unit equivalent. Projected water sales revenue in 1987/88 includes an allowance of approximately $418,100 over 1987/88 budgeted water sales ($2,864,000) to compensate for anticipated water sales at increased rates over the eight-month period November 1987 through June 1988. In 1988/89 and 1989/90, projected water sales revenue from the enterprise's current customer base is projected at 122% of 1987/88 budgeted water sales ($2,864,000). (2) City staff estimates water sales revenue will increase due to additional connections to the system at the rate of 1,400 single family dwelling unit equivalents in 1987/88; 1,100 single family dwelling unit equivalents in 1988/89; and 1,150 single family dwelling unit equivalents in 1989/90. It is assumed that users connecting to the system will be billed for an average of three bi-monthly periods in the year of connection. On the basis of these assumptions, projected increases in water sales revenues attributable to additional connections to the existing system are estimated at $125,400 in 1987/88; $371,700 in 1988/89; and $586,200 in 1989/90. 28