AgdaPkt 2017-06-26 Closed and Joint SA PFA

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CITY OF REDWOOD CITY, CALIFORNIA Cost of Services (User Fee) Study Matrix Consulting Group Page 39 As shown in the table, Public Works - Utilities is over-recovering annually by $4,000. The primary source of this over-recovery is the Backflow Administration Fee, once that fee is lowered it will be imperative for the Department to start charging for services such as the Backflow follow-up and increasing the fees associated with its meters. (3.2) EV Charging Annual Revenue Impact The EV Charging Stations are recovering approximately 85% of their costs. The following table shows for the EV Charging Station the total hours charged, the revenue at current fee, the total annual cost, and the annual surplus / (deficit). Fee Name Hours Charged Revenue at Current Fee Total Annual Cost Annual Surplus / (Deficit) Level II Charging Station 14,658 $21,987 $27,410 $(5,423) DC Fast Charging Station 880 $4,400 $3,749 $651 TOTAL $26,387 $31,159 $(4,772) As the table above shows, the EV Charging Stations is under-recovering its costs by approximately $5,000, which is primarily due to the Level II Charging Station. Increasing the Level II Charging Station hourly rate incrementally, will reduce the deficit significantly. (3.3) Overall Public Works Results The following table shows by fee category the revenue collected at current fees, the total annual costs, and the annual surplus / (deficit). Fee Category Revenue at Current Fee Total Annual Cost Annual Surplus / (Deficit) Utilities $158,957 $155,185 $3,772 EV Charging $26,387 $31,159 $(4,772) TOTAL $185,344 $186,344 ($1,000) As the table above shows, the Public Works Department is under-recovering for its costs by approximately $1,000. This represents a cost recovery level of 99%, which is within the average cost recovery seen for Public Works Departments (80-100%). 7.A. - Page 51