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7.A. - Page 77 <br /> 3.4 Sewer Accounts <br /> The City's current sewer accounts are summarized in Table S2. Residential customers represent <br /> 96 percent of total customers with roughly 27,000 single family and multi-family dwelling units. <br /> Table S2: Sewer Accounts <br /> Sewer <br /> Customer Class Units <br /> RESIDENTIAL Dwelling Units <br /> Residential: 1-9 units 19,600 <br /> Multi-Family: 10+ units 7,400 <br /> Subtota I 27,000 <br /> NON-RESIDENTIAL Accounts <br /> Institutional/Public 101 <br /> Retail/Commercial, Hospitals 1,040 <br /> Restaurants,Supermarkets 100 <br /> Industrial 12 <br /> Fixed Rate 4 <br /> Subtota I 1,257 <br /> TOTAL 28,257 <br /> 3.5 Sewer Financial Overview <br /> The sewer fund is a financially self-supporting enterprise fund that relies primarily on revenues from <br /> sewer rates to fund the costs of providing service. Sewer rate revenues have historically accounted <br /> for approximately 97% of total annual revenues, with the remaining revenues coming from interest <br /> earnings, facility and connection fees from new development, and other miscellaneous revenues. <br /> As such, sewer rates must be set at levels adequate to fund the costs of operating and maintaining <br /> the sewer system, pay for treatment expenses from the SVCW, and pay for necessary capital <br /> improvements to keep the sewer system in good operating condition. <br /> Bartle Wells Associates conducted an independent evaluation of water enterprise finances. Key <br /> observations include: <br /> • The City has provided good financial stewardship by gradually raising sewer rates each year to <br /> keep rates in line with the cost of providing service and ensure adequate financing capacity for <br /> the City's share of SVCW's capital improvement program. <br /> B Sewer Utility Finances& Rates 50 <br /> W Water&Sewer Financial Plans&Rate Studies <br />