Laserfiche WebLink
i. '1'he City is cun•ently renegotiating a treated water contract with Direct Energy. <br />j. For this study, the City's Residential customer class averagcd approximately 700 <br />cubic feet per month in water consumption and approximately 600 cuUic feet per <br />moiith in wastewater Uilled volumes. <br />C. Recomtnendations <br />a. The current water and wastewatcr rates are sufficient to meet the test year <br />Uudgeted revenue requirements and the City's Rate Maintenance Policy. <br />Therefore, it is reconmiended that the City maintain its cun-ent water and <br />wastewater rates. However, it should be noted tllat because of the increase in <br />chemical and electricity costs in FY 2009, the revemie required from the treated <br />water contract customers has increased for this study. It is anticipated in the <br />City's current budget, that because of the recent economic conditions, these costs <br />will decrease. If the FY 2010 actual expenditures for these costs decrease from <br />FY 2009 achial expenditures, and the FY 2011 Uudget presents an increase in <br />estimated costs, it is possible that these factors could influence the need to <br />increase retail rates in ncxt year's study. <br />4 Citv ojPm•is. Te.ras <br />Wn(er nnd Fi'nsiewater Cost of Seivice Snrdy <br />Jiore 10/0 <br />229 <br />