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HomeMy WebLinkAbout06/10/2025 - Regular - Additional Doc-Sewer Rates (PDF)City of Port Orchard ORCHARD Sewer Rate Study ❖>FCS • a Bowman company .':) Agenda Revenue requirement "What revenue adjustments are needed to cover the r. utility's costs?" . Study period: 2025-2030 Cost of service analysis (COSA) "What is the cost to serve each of the City's customer classes?" Varies by class characteristics Rate Design "How should rates be set to collect the costs of service?" Rates can be also be set to meet other City objectives It - >1:(I S Slide 2 Operations & I Capital Maintenance Expenditures Revenue Fiscal Policies Debt Requirement Service Class 1 Functional _____Cost of Service Characteristics I Costs Analysis (COSA) City's Rate Design Objectives ) Rate Increase History Rates have been $163.00 bimmonthly per dwelling unit since 2020 Sewer Rates Class Class No. Description Description 1 Single-family For each dwelling residences and unit mobile home on single parcel 2016 F2O7 2018 2019 2020 $111 001 $124001 $137001 $150001 $16300 >Fcs Slide 4 •) Bimmonthly Sewer Rates (SFRs) vs. Inflation $250 $200.36 $200 $150 $100 $50 . . 2020 2021 2022 2023 2024 � Bi-Monthly Bill (SFR) Bill with Inflation (CPI -U West) $163.00 2025 >FCS Slide 5 —.- x -.,"_ _" -�_..•` __ ._ Z '---s'� si=` —�'ate _'z---�-_- _ �..,n _.t : _ - _ � y - z _ - ' ice -���.: it . - _ _ - - - �'�-�j-iii,_ _ _ = - � -- �___ _ .) Financial Policies Policy Purpose General Reserve Accommodate variations in revenue & (per Resolution 053-20) expenses. Stabilization Reserve Used for emergency costs outside of (per Resolution 053-20) typical contingency planning. Debt Service Coverage Compliance with existing debt covenants; Maintain credit worthiness 60-90 days of annual budgeted revenues 25% (90 days) of annual expenditures Target 1.5 to 2+ Typical legal minimum of 1.25 Slide 7 ) Introduction to Ratemaking Rates are set to recover the cost of providing service EXAMPLE Sewer programs incur two primary types of costs Operating costs (regular I ongoing) Employee salaries and benefits » Routine asset / equipment repair and maintenance » Supplies and materials » Regulatory compliance Bill processing Capital costs Repair and replacement Capital improvement projects Year 1 Year 2 Year 3 ■ Operating Year 4 Capital Year 5 Slide 8 .) Operations and Maintenance Cost Increases General Cost 3.00% Based on the Consumer Price Index for Urban Customers (West) Construction Costs 3.50% 10 -year average of the Engineering News -Record's 20 -City Avg. CCI* Labor Cost 3.00% Set to be no less than the General Cost inflation assumption Benefits Cost 5.00% Set 2.00% higher than Labor Cost inflation Account Growth 1.25% Growth estimates per Kitsap County Countywide Planning Policies Slide 9 ) Capital Funding Philosophy (after Outside Funding) Cash (pay-as-you-go) Higher near -term rates Existing customers pay 100% of costs CDebt �r Lowest near -term rates.. .but interest cost Spreads cost between existing / future customers Execute projects sooner; reduce effects of inflation Hybrid Cash fund repair and replacement projects Debt fund large expansion projects >FCS Slide 10 .9 Capital Improvement Program 6-1 Annual Preservation $ 583,333 $ 583,333 $ 583,333 $ 583,333 $ 583,333 $ 583,333 6-2 Marina Pump Station Construction 8,611,000 - - - - - 6-3 Bay Street Pump Station Replacement 1,000,000 - 3,500,000 3,500,000 - - 6-4 Minor Lift Station Improvements 650,000 650,000 - - - - 6-5 Port Orchard Boulevard Lift Station and Siphon - 1,522,000 - 6,088,000 - - 6-6 Sidney Road SW 2nd Force Main 1,300,000 - - - - - 6-7 McCormick Woods Sewer Lift Station #3 - 1,000,000 - - - - 6-8 Ruby Creek Lift Station - 3,140,000 - - - - 6-9 Sidney Road Gravity Sewer Main Extension - 2,290,000 - - - - 6-10 Bravo Terrace (Sedgwick) Lift Station - - - - 2,500,000 - 6-11 Bravo Terrace (Sedgwick) Force Main - - - - 4,860,000 - 6-12 Sewer Facility Capacity Upgrades (PWO) - - - - - 2,000,000 6-13 McCormick East/Glenwood Sewer Basin Improvements - - - 7,600,000 - - 6-14 2029 General Sewer Plan and Sewer Rate Study - - - 350,000 - - Total $ 12,144,333 $ 9,185,333 $ 4,083,333 $ 18,121,333 $ 7,943,333 $ 2,583,333 >FCS Slide 11 ) Capital Spending Forecast $20,000,000 $18,000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 Capital Costs (2024$) $12,100,000 $9,200,000 Major projects include: • Marina Pump Station Construction for $19.4 million in 2024-2026 • Bay Street Pump Station for $8.0 million in 2027-2028 • McCormick East/Glenwood Sewer Basin Improvements for $8.7 million 2028 • Pipe replacement of $583,000 per year $18,100,000 $7,900,000 $8,000,000 $6,000,000 $4,000,000 _____________ $4,100,000 IlrIIIh $2,600,000 $2,000,000 $- 2025 2026 2027 2028 2029 2030 ■ Outside Funding ■ City Costs •:,>Fcs Slide 12 ) Capital Funding Strategy (2025.2030) Rate Revent Fund Balan 30% $5,000,00 CFCs 8% $9,800,000 Developer Agreements 16% $3,600,000 Low -Cost Loans included: Low -Cost Loans 6% Pottery Lift Station Repairs $11,900,000 $253)000 Revenue Bonds 0.94% interest 20% Sewer Lift Station $200,000 $825)000 Grants 0.94% interest 0% Bay Street Lift Station $850)000 0.69% interest $12,000,000 WSDOT/Kitsap Marina Pump Station 20% » $13 million (some already drawn) » 2.60% interest >FCS Slide 13 ) Revenue Requirement Summary $10,000,000 $9,000,000 $8,000,000 $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 2025 3.50% 3.50% 3.50% 3.50% $193.59 3.50% $180.72 $187.05 $163.00 $168.71 $174.61 --------------------- 2026 mOperating & Maintenance 2027 Debt Service Data Labels: Rate Increase Bi-Monthly SFR Bill 2028 2029 Rate Funded Capital 2030 • Revenue @ 2025 Rates --Revenue with Increases >Fcs Slide 14 7-ic7 1 - Wit ' - _ - 'Ol�� .�__ - Existing Revenue Collection ) How Will Costs Be Equitably Distributed? Slide 16 ) Allocating the Costs of Service $180,000 (3%) G Customer (Accounts) 94% of accounts, 4, $169,000 Flow (Thousand gallons) 6% of accounts, $11,000 Non - Residential Treatment (ERUs*) Customer Accounts •:>FCS *ERUs = equivalent residential units, as calculated per the City's joint treatment agreement Slide 17 ) COSA Results Typical results fall within +I- 5% of the cost -of -service COSA indicates a need for a non-residential rate increase % of Cost of Service 120% 100% 80% 60% 40% 20% 0% 107% Residential 76% Non -Residential ':iFCs Slide 18 - x _..' _ *• — -.�.._ = `�`__'" ` mac' 'eta` _ __ fir' Z �� �.7tir�r+i.-'s���S � ��-__tac.� _Z �_ _. - _� - � e — ' - -.• _. M � ate_ _ —. n.e-.. _ _ _ -_ _ -----'�.r _ -- _ — _ - -:r_— —_..� rr = ..mss�� T .._._ ate► =t .1-'- --iii_ ) Current Rate Schedule The current rate schedule is complex It includes 21 different classes Each class has multiple rates Complex rate schedules have disadvantages » Difficult for customers to understand » Administratively burdensome Obscure relationship between costs and services provided City staff wants to simplify the rate schedule >l(:S Sewer Rates 2016 2017 2018 2019 2020 Class Class Description No. Description 1 Single-family For each dwelling $111 00 5124 00 5137 00 $150 00 $163 00 residences and unit mobile home on single parcel 2 Business and For each business 5111 00 S12400 S13700 S15000 S16300 professional with a fixture For each business S22 20 S24 80 S27 40 S30 00 S32 60 with an employee present without a fixture For each floor of 5111 00 S12400 S13700 515000 5163 00 an office building or retail complex that has a public or community bathroom Plus the following surcharge based on the store/office interior size Small less than S0 00 S0 00 S0 00 S0 00 50 00 15 000 sf or Slide 20 South Kitsap Water Reclamation Facility (SKWRF) Contract Port Orchard and West Sound Utility District share the SKWRF Agreement began in 1983, last updated in 2014 Equivalent residential units (ERUs) are measured annually for each utility to determine cost sharing How an ERU is defined: 1 per residence Flow / 700 CF (180 gpd) for non-residential >I:(:. ,. Slide 21 ) ERU Update Customer stats support an ERU of 117 gpd per residence Contract determines how ERUs are counted (180 gpd) Options to accurately collect cost of service: Change agreement with SKWRF Use different ERU definitions for different purposes Use a weiahtina factor for commercial I: ( ,. Slide 22 ) Rate Calculation .. ERUs (counted as per SKWRF) Residential Non-residential Total Cost of Service Residential Non-residential Total Cost of Service Calculated Bi-Monthly Rate per ERU Residential Non-residential 5,690 1,104 6,794 $ 5,174, 666 1,556,721 $ 6,731,388 $151.58 $234.99 >FCS Slide 23 •:j> Total Total Sample Bills - Residential 1 1 Rate per Bi-Monthly Annual Unit Bill Total $163.00 $163.00 $978.00 $151.58 $151.58 $909.48 Slide 24 4> Sample Bill - Small School Rate per Bi-Monthly Annual Unit Bill Total Billing Units 132 $4.90 $646.80 $3,880.80 Total $646.80 $3,880.80 Total 1 $234.99 $234.99 $1,409.94 Slide 25 4> Sample Bill - Large Restaurant (150 seats or more) Rate per Bi-Monthly Annual Unit Bill Total I 11'l t*iiiiIIt Billing Units 1 $978.00 $978.00 $5,868.00 Total $978.00 $5,868.00 Total 11 $234.99 $2,584.89 $15,509.34 Slide 26 4> Sample Bill - County Jail Bi-monthly rates would _________ increase by $27,237.04 Base Charge 1 $163.00 $163.00 Housing Units 284 $32.60 $9,258.40 Total $978.00 $55,550.40 $9,421.40 $56,528.40 Total 156 $234.99 $36,658.44 $219,950.64 The jail makes up 15% of the City's non- residential ERUs, but currently pays just 3.5% of the non-residential costs Slide 27 � 4 •� Sample Bill - Small Restaurant Base Charge Total Total Irh4u11 , : Bi-monthly rates would decrease by only $19.02 1 $489.00 $489.00 $2,934.00 $489.00 $2,934.00 2 $234.99 $469.98 $2,189.88 Slide 28 ERUs with Proposed Increases Revenue Increases n/a 3.50% 3.50% 3.50% 3.50% 3.50% Rate per ERU $163.00 $168.71 $ 174.61 $ 180.72 $ 187.05 $ 193.59 Rate Design � 2025 2029 2030 Revenue Increases n/a 3.50% 3.50% 3.50% 3.50% 3.50% Residential Rate per $163.00 $151.58 $156.89 $162.38 $168.06 $173.94 ERU Non-residential Rate n/a $234.99 $243.22 $251.73 $260.54 $269.66 per ERU Slide 29 •�) Rate Survey - BimMonthly SFR Bill, 10 CCF $300.00 $250.00 Poulsbo ORCHARD $200.00 Gig Harbor Kitsap County Bremerton $163.00 $150.00 $100.00 $50.00 Port Orchard $151.58 Port Orchard - Proposed West Sound Utility District >FCS Slide 30 ) Summary Revenue needs increase by 3.5% Rate structure: Continue with existing rate structure Simplified and equitable ERU structure >1:(; S Slide 31 Thank you! Questions? Tage Aaker — Senior Project Manger (425) 615-6487 TageA@fcsgroup.com www.fcsgroup.com •FCS a Bowman company