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AgdaPkt 2019-06-10 Joint SA PFA
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AgdaPkt 2019-06-10 Joint SA PFA
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Last modified
9/24/2020 10:15:24 AM
Creation date
6/6/2019 4:04:36 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
6/10/2019
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1
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Created:
6/6/2019 4:08 PM
Modified:
6/6/2019 4:08 PM
Text:
http://www.redwoodcity.org/
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8.A. - Page 4 of 47 <br />Figure 2: Regional Survey of Single Family Residential Combined Water and Sewer Bills <br />$250 <br />Survey of Typical Single Family Residential Monthly Water & Sewer Bills 374 <br />■ Sewer Rates With 4,5% <br />■ Water Rates Current sawar Incr <br />$200 _ 191 193 <br />Average = $177 11 177 180 <br />Median =171 171 172 <br />$ 160 161 162 16S <br />$150 134 139 <br />116 <br />119 121 125 <br />$100 - <br />$50 _ <br />$o <br />Cid <br />Gfi`t$ct� qGy'Om� Z�a�s� Q <br />"d 0 <br />4io <br />°\iiO� oho <br />Jg <br />btio <br />C, G mfi Qf g` o° <br />Races effective March 2919 <br />Water bill based on 8 hcf of monthly metered water use. sewer boll based an Flat monthly rate or 7 hcf of billed sewer use. <br />FISCAL IMPACT <br />The proposed ordinance will increase sewer rates by 4.5 percent each year from FY 2019-20 to FY 2021- <br />22, and increase revenues collected from sewer service charges. The gradual revenue growth is needed <br />to balance upcoming financial obligations such as the City's share of SVCW's capital improvement projects. <br />ENVIRONMENTAL REVIEW <br />The ordinance is statutorily exempt from the California Environmental Quality Act (CEQA) review pursuant <br />to Public Resource Code section 21080(b)(8). The sewer service charges are for the purpose of meeting <br />operating expenses, including employee wage rates and fringe benefits, purchasing or leasing supplies, <br />equipment, or materials, meeting financial reserve needs and requirements, and obtaining funds for <br />capital projects necessary to maintain service within existing service areas. <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />589 <br />
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