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<br />88 <br /> <br />. Allows Redwood C~ to have a cost effective benchmark status when compared to Page 3 <br />13 other agencies (6 h most cost-effective). <br />. Responds to community requests for a rate structure that is equitable, clear and <br />effective. <br />. Continues to allow individual users to conserve and save money. <br />. Is consistent with the principle "The more you use, the more you pay". <br /> <br />ALTERNATIVES <br />The Council could reject or modify the Utilities Committee/staff recommendation. <br /> <br />FISCAL IMPACT <br />The recommended package of rates and charges will increase revenues for Fiscal Year <br />2007/08 by $1.9M over the budgeted revenues for Fiscal Year 2006/07, which is the <br />geted amount delineated in the Water Financing Plan - 2007 Update. <br /> <br /> <br /> <br />ATTACHMENTS <br />1. Notice of Proposed Increases in Water Rates <br />2. Redwood City Water Enterprise Guiding Principles <br />3. Utilities Committee - Water Rate Recommendation with billing impacts <br />4. Balancing Water Revenues and Expenditures - Fiscal Year 2007-08 <br />5. Benchmarking of Residential Water Bills at 15 Units of Average Use <br />6. Ordinance - Water Service Charges <br />7. Resolution - Water Rates <br /> <br />RELATED DOCUMENTS IN CITY CLERK'S OFFICE <br />None <br />