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City of Redwood City Water Rate Study 1A. SummaryFiscal Year:FY 2023-24 FY 2024-25 FY 2025-26 FY 2026-27 FY 2027-28 FY 2028-29 FY 2029-30 FY 2030-31 FY 2031-32 FY 2032-33 FY 2033-34 FY 2034-35 NotesRevenue Increases8.0%7.0%7.0% 6.0% 5.0% 5.0% 4.0% 4.5% 4.5% 4.0% 4.0% 4.0%To Tables 3, 4Cumulative Increase8.0% 15.6% 23.6% 31.1% 37.6% 44.5% 50.3% 57.0% 64.1% 70.7% 77.5% 84.6% From Table 3Debt Coverage3.051.973.163.904.464.704.653.453.713.944.176.27CIP Spend Factor100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%$0.0$5.0$10.0$15.0$20.0$25.0$30.0$35.0$40.0$45.0$50.0FY 2023-24FY 2024-25FY 2025-26FY 2026-27FY 2027-28FY 2028-29FY 2029-30FY 2030-31FY 2031-32FY 2032-33FY 2033-34FY 2034-35Rate Adj.7.0%6.0%5.0%5.0%4.0%4.5%4.5%4.0%4.0%4.0%Projectecd Fund Balances (in Millions)Ending Reserve Fund Balance(Water Enterprise Fund)Projected Reserves with IncreaseCity's Reserve Target (25% O&M + $2 million)HF&H Consultants, LLC 6/16/2025 1:45 PMRWC_Water_Model_6Jun2025.xlsx 1A. SummaryATTY/RESO.0109/CC RESO WATER RATES - EXHIBIT A REV: 11-05-25 MI