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AgdaPkt 2019-06-24 Joint SA PFA
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AgdaPkt 2019-06-24 Joint SA PFA
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Last modified
10/1/2020 3:41:57 PM
Creation date
6/20/2019 6:01:33 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
6/24/2019
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mum <br />Water Rates <br />MMMhW- Am, .__ i <br />3 <br />' Defer Water Rate Increase <br />► SFPUC previously raised wholesale water rates more than needed <br />Excess wholesale funds accrued in a "balancing account" <br />► SFPUC has deferred raising water rates while it draws down the <br />"balancing account" <br />No wholesale water rate increases projected for a few more years <br />City plans to temporarily defer water rate increases <br />Transition to water rate increases on January 1, when water use is low <br />► Small annual rate increases projected in future years <br />4 <br />r OK to defer a rate increase on a short-term basis <br />➢ But results in need for more rate increases in subsequent years <br />➢ Small annual increases generally preferable to less -frequent rate spikes <br />A <br />19 <br />
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