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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 NotesCity of Redwood CityWater Rate Study 3A. Rev IncreasesRate Revenue @ Current RatesRevenue from Current Rates$47,371,046 $48,968,971 $48,968,971 $48,968,971 $48,968,971 $48,968,971 $48,968,971$48,968,971 $48,968,971 $48,968,971 $48,968,971Revenue Requirement$56,195,794 $52,950,366 $59,777,367 $60,695,557 $62,703,644 $65,653,804 $66,957,588 $70,267,718 $71,982,679 $73,751,803 $73,730,103 From Table 2To/(From) operations before Rate Incr.($8,824,748) ($3,981,396) ($10,808,396) ($11,726,587) ($13,734,673) ($16,684,833) ($17,988,618) ($21,298,747) ($23,013,708) ($24,782,833) ($24,761,133)To Table 4previously adoptedIncrease in Rate Revenue (Fixed, Water Use Charges)7.0%7.0%6.0%5.0%5.0%4.0%4.5%4.5%4.0%4.0%4.0%From Table 1ARevenue from Rate Increases FY 2025-26 (eff. Jan. 1, 2026) 6$1,713,914 $3,427,828 $3,427,828 $3,427,828 $3,427,828 $3,427,828 $3,427,828 $3,427,828 $3,427,828 $3,427,828FY 2026-27 (eff. Jan. 1, 2027) 6$1,571,904 $3,143,808 $3,143,808 $3,143,808 $3,143,808 $3,143,808 $3,143,808$3,143,808 $3,143,808FY 2027-28 (eff. Jan. 1, 2028)6$1,388,515 $2,777,030 $2,777,030 $2,777,030 $2,777,030 $2,777,030 $2,777,030 $2,777,030FY 2028-29 (eff. Jan. 1, 2029) 6$1,457,941 $2,915,882 $2,915,882 $2,915,882 $2,915,882 $2,915,882 $2,915,882FY 2029-30 (eff. Jan. 1, 2030) 6$1,224,670 $2,449,341 $2,449,341 $2,449,341 $2,449,341 $2,449,341FY 2030-31 (eff. Jan. 1, 2031) 6$1,432,864 $2,865,729 $2,865,729 $2,865,729 $2,865,729FY 2031-32 (eff. Jan. 1, 2032) 6$1,497,343 $2,994,686 $2,994,686 $2,994,686FY 2032-33 (eff. Jan. 1, 2033) 6$1,390,865 $2,781,731 $2,781,731FY 2033-34 (eff. Jan. 1, 2034) 6$1,446,500 $2,893,000FY 2033-34 (eff. Jan. 1, 2034) 6$1,504,360Total Revenue from Rate Increases$0 $1,713,914 $4,999,732 $7,960,151 $10,806,607 $13,489,218 $16,146,753 $19,076,961 $21,965,169 $24,802,535 $26,249,035Total Current Revenue$47,371,046 $48,968,971 $48,968,971 $48,968,971 $48,968,971 $48,968,971 $48,968,971 $48,968,971 $48,968,971 $48,968,971 $48,968,971 From AboveTotal Fixed, Water Use Charges Revenue $47,371,046 $50,682,884 $53,968,702 $56,929,122 $59,775,578 $62,458,189 $65,115,724$68,045,931 $70,934,140 $73,771,505 $75,218,006Private Fire Service Line RevenueRevenue from Current Ratespreviously adop$494,525 $494,525 $494,525 $494,525 $494,525 $494,525 $494,525 $494,525 $494,525 $494,525Increase in Rate Revenue7.0%11.9%6.0%5.0%5.0%4.0%4.5%4.5%4.0%4.0%4.0%Revenue from Rate Increases FY 2025-26 (eff. Jan. 1, 2026) 6$59,043 $59,043 $59,043 $59,043 $59,043 $59,043 $59,043$59,043 $59,043 $59,043FY 2026-27 (eff. Jan. 1, 2027) 6$16,607$33,214 $33,214 $33,214 $33,214 $33,214 $33,214 $33,214 $33,214FY 2027-28 (eff. Jan. 1, 2028) 6$14,670$29,339 $29,339 $29,339 $29,339 $29,339 $29,339 $29,339FY 2028-29 (eff. Jan. 1, 2029) 6$15,403$30,806 $30,806 $30,806 $30,806 $30,806 $30,806FY 2029-30 (eff. Jan. 1, 2030) 6$12,939$25,877 $25,877 $25,877 $25,877 $25,877FY 2030-31 (eff. Jan. 1, 2031) 6$15,138$30,276 $30,276 $30,276 $30,276FY 2031-32 (eff. Jan. 1, 2032) 6$15,819$31,639 $31,639 $31,639FY 2032-33 (eff. Jan. 1, 2033) 6$14,694$29,389 $29,389FY 2033-34 (eff. Jan. 1, 2034) 6$15,282$30,564FY 2033-34 (eff. Jan. 1, 2034) 6$15,893Total Revenue from Rate Increases$0$59,043 $75,650 $106,926$136,999 $165,341 $193,417 $224,375 $254,888 $284,865 $316,040Total Current Revenue$494,525 $494,525 $494,525 $494,525$494,525 $494,525 $494,525 $494,525 $494,525 $494,525 $494,525Total Private Fire Service Line Revenues$494,525 $553,568 $570,175 $601,451$631,524 $659,866 $687,942 $718,900 $749,413 $779,390 $810,565Total Fixed, Water Use Charges Revenue $47,371,046 $50,682,884 $53,968,702 $56,929,122 $59,775,578 $62,458,189 $65,115,724$68,045,931 $70,934,140 $73,771,505 $75,218,006Revenue Requirement($56,195,794) ($52,950,366) ($59,777,367) ($60,695,557) ($62,703,644) ($65,653,804) ($66,957,588) ($70,267,718) ($71,982,679) ($73,751,803) ($73,730,103)From AboveTo/(From) operations after Rate Incr.($8,330,223) ($1,713,914) ($5,238,489) ($3,164,985) ($2,296,542) ($2,535,749) ($1,153,922) ($1,502,887) ($299,126)$799,092 $2,298,468To Table 4HF&H Consultants, LLC 6/16/2025 1:45 PMRWC_Water_Model_6Jun2025.xlsx 3A. Rev IncreasesATTY/RESO.0109/CC RESO WATER RATES - EXHIBIT A REV: 11-05-25 MI
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