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HomeMy WebLinkAboutMinutes - Minutes - Citizens Utility Advisory Commission - Meeting Date: 12/17/2020Cle�dale R I Z O N A MINUTES CITIZENS UTILITY ADVISORY COMMISSION OASIS WATER CAMPUS 7070 NORTHERN AVE. GLENDALE, ARIZONA 85303 DECEMBER 17, 2020 6:00 P.M. CALL TO ORDER Vice Chair Short called the meeting to order at 10:01 a.m. 2. ROLL CALL Present: Ronald Short, Vice Chair Robin Berryhill, Commissioner Larry Flatau, Commissioner Amber Ford, Commissioner Jon Froke, Commissioner Absent: VACANT, Chair David McGrew, Commissioner Attendees: Katrina Alberty, Deputy Director, Water Services Dan Hatch, Financial Administrator, Water Services Kerry Sheward, Water Services Administrator Megan Sheldon, Environmental Resources - Water Services Deputy Director Candace Schulte, Management Assistant, Water Services 3. WORKSHOP SESSION a. Mr. Hatch gave an educational presentation on the Financial Planning Process in preparation for the upcoming Rate Study, which included the following information: Financial Planning Background and Objectives • Our Mission Statement: The Water Department provides customers with safe, reliable, high quality water, wastewater, and storm water services to ensure the health, vitality, and sustainability of our community. • Establish financial sustainability to meet long-term operating expenses, debt service and capital expenditures. • Maintain financial policies regarding fund balance levels and debt service coverage. • Optimize capital improvement to provide reliable and resilient infrastructure. • Financial Plan: What level of overall rate revenue is needed to meet expenditures, reserves, and bond covenants? • Cost of Service: Is each customer paying their equitable share of costs? • Rate Schedule: How should cost recovery be allocated to service charge and volume rates? Financial Plan: The financial plan is a long-term forecast of cash flows that reflects key inputs from all primary City water utility functions. • Cash In -flows: Beginning fund balance, rate revenue, other operating revenue, non-operating income • Cash Out -flows: Operating and Maintenance expenses, capital outlay, debt service Financial Plan Assumptions • Financial Targets o Fund Balance o Days Cash on Hand o Debt Service Coverage • Forecast Assumptions o Revenue growth and demand o O&M Expense increases o New debt terms • The financing strategy selected to pay for CIP expenditures is a key driver of water utility revenue increases. • The financial plan must have capabilities to determine the optimal mix of CIP financing: o Case generated from water user charges ("Pay -Go" financing) o External debt financing (revenue bonds) o Development Impact Fees — DIF (customer account growth) Cost of Service — Water *Recognizes differing service functions: Total annual usage, peak usage demands, size of meters • Varies by customer class: Single Family Residential, Multi -Family Residential, Commercial, Sprinkler 2017 Cost of Service Results — Water: Charts shown for the following: • Customer Demand Characteristics for Each Customer Class • Number of Accounts and Usage Per Account Characteristic • Revenue Under Current Rates for Each Customer Class, Indicated Cost of Service and Required Revenue Change Cost of Service —Wastewater • Recognizes differing service characteristics: Contributed Volume or Flow, Strength • Varies by customer class: Domestic (normal) strength, Excessive strength 2017 Cost of Service Results — Wastewater • Revenue Under Current Rates for Each Customer Class (Residential, Commercial, Outside City Customers), Indicated Cost of Service and Required Revenue Change Rate Schedule • Rate Schedule Design allows the utility to recover the revenue requirement from each customer class to achieve specific policy objectives. • Mr. Hatch shared the sources for rate and class modeling. • Understanding of pricing objectives • Awareness of rate design implications • Billing system capabilities • Data needs • Understanding impact on City's customer base Identify Pricing Objectives • Equity between classes and within a class • Financial sufficiency • Simple to understand • Ease of administration • Revenue stability • Water efficiency/conservation • Affordability to disadvantaged customers • Minimal customer impacts • Economic development Water Rate Structure Alternatives: The rate structures were explained in detail. In order from least to most Equitable/Conservation: • Flat: Everyone pays the same amount. • Declining Block: The more used, the less it costs. • Uniform: Same rate for each class, no matter how much is used. • Seasonal: All classes pay same rate per unit; however, the rate increases in the summer. The City of Phoenix uses this structure. • Inclining Block: The City of Glendale uses this structure. Each tier of water usage pays a higher rate. This allows customers to determine how much they want to use and how much they want to pay. • Budget/Individualized: This method is most complicated for billing. It is based on usage per customer, not per class. The more water used, the higher the rate per unit. Water User Charges • Rates based on meter size and water consumption • Base rate to recover the cost of the meter maintenance, monthly reading, and billing and collection costs. • Volume rate to recover operational and capital costs: salaries, chemicals, power, water resources, debt service, cash -funded capital projects, equipment maintenance, and more Current Water Base Rate Schedules:Meter sizes and rates displayed. Current Water Volume Rate Schedules: Rates based on customer class and usage tiers displayed. Sewer Rate Structure: Rate structure explained for customer classes, fixed charges and volume rates. Current Wastewater Rate Schedule:Rate schedule displayed for Residential Single Family, Residential Multi -Family, and Commercial groups Glendale Water and Sewer Bill: Graph of Water and Sewer charges for each 1,000 gallons How Does Glendale Compare to Other Cities:Graph of nine valley cities, including Glendale, to compare a total municipal services bill broken out by water, sanitation, sewer, and tax and fees. Mr. Hatch stated that currently, the City of Glendale does not charge separately for stormwater services at this time, however, the City of Phoenix does charge a separate fee. Mr. Hatch noted that there is a cost for stormwater services, as the drains need to be cleaned to ensure proper flow. Mr. Hatch provided the current 5 -Year Financial Plans for Water and Wastewater for FY2017 through FY2022. Mr. Hatch displayed the 2021 Financial Planning Calendar timeline. Commissioner questions were asked and answered during the workshop. Commission Froke asked if proceeds from the sale of the water campus land to Top Golf went back into the Water Services budget. Mr. Hatch replied in the positive. Commissioner Flatau noted that the financial results in the presentation were based on 2017 and inquired about the 2019 results. Mr. Hatch stated that an RFP was issued for a consultant to review the Cost of Service, Financial Plans, and Rate Schedules and the consultant was chosen. Mr. Hatch relayed that staff and the consultant will go over all the rate information and financial results, which will be shared with the Commission as well. Commissioner Froke inquired as to when the last rate increase was done. Mr. Hatch explained that prior to the increase in 2017, the last increase was done in 2007. 4. COMMISSIONER COMMENTS AND SUGGESTIONS Vice Chair Short thanked staff for an excellent presentation. Commissioner Flatau stated that the presentation was very informative. Commissioner Berryhill thanked staff for the presentation and stated that she learned a lot. 5. NEXT MEETING The next meeting regular meeting of the Citizens Utility Advisory Commission will be held on January 6, 2021. 6. ADJOURNMENT Motion by Commissioner Flatau, second by Commissioner Froke, to adjourn the meeting at 11:10 a.m. Motion carried 5 — 0. The Citizens Utility Advisory Commission Workshop meeting minutes of December 17, 2020 were submitted and approved this 6th day of January 20021 Denise Kazmierczak Recording Secretary