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City of Redwood City Water Rate Study5. CIPNote: debt assumed for future fundingFY 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 TotalNotesWater Enterprise CIPDistribution System Replacement Program$1,000,000 $1,500,000 $2,000,000 $2,000,000 $2,000,000$0$0$0$0$0 $11,000,000 FY 2023-24 through FY 2027-28 per adopted CIPCathodic Protection Program$100,000 $100,000 $100,000 $100,000 $100,000$0$0$0$0$0 $874,264Water System Seismic Improvement Program$1,000,000 $250,000 $250,000 $250,000$250,000$0$0$0$0$0 $4,000,000Main City Potable Water Tank and Pump Station$2,250,000 $3,000,000 $3,000,000 $3,500,000 $4,000,000$0$0$0$0$0 $17,750,000 Pump Station and Tank Rehabilitation/ Replacement$1,500,000 $2,000,000 $1,000,000 $1,000,000 $1,000,000$0$0$0$0$0 $8,000,000Supervisory Control and Data Acquisition (SCADA) System$500,000$0$0$0$0$0$0$0$0$0 $525,000Water Tank Cathodic Protection System Replacement$100,000 $100,000 $100,000$100,000 $100,000$0$0$0$0$0 $600,000Recycled Water Distribution System Phase 2 Extension$0 $1,000,000 $2,000,000 $3,100,000 $3,100,000$0$0$0$0$0 $11,988,352Main City Recycled Water Tank and Pump Station$2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000 $2,400,000 $25,000,000Future Water Storage Tank Land Purchase$2,067,308 $2,067,308 $2,067,308$6,201,923 Project spread over three years per CityPotable Water Projects$0$0$0$0$0 $5,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000 $25,000,000 per 2010 Master Plan and City staffPotable Water Projects (Debt Funded)$0$0$0$0$0 $5,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000 $25,000,000Recycled Water Projects$0$0$0$0$0 $3,100,000 $3,100,000 $3,100,000 $3,100,000$3,100,000 $15,500,000 per City staffRecycled Water Projects (Debt Funded)$0$0$0$0$0$0$0$0$0$0 $0Water Enterprise CIP $8,850,000 $12,417,308 $12,917,308 $14,517,308 $12,950,000 $15,500,000 $15,500,000 $15,500,000 $15,500,000 $15,500,000 $151,439,539Construction Cost Index3.26%6.62% 10.10% 13.68% 17.39% 21.21% 25.16% 29.24% 33.45% 37.80%From Table 1BCIP Spend Factor 100.00% 100.00% 100.00%100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%Total Inflated CIP $9,138,353 $13,239,658 $14,221,519 $16,503,830 $15,201,732 $18,787,962 $19,400,116 $20,032,216 $20,684,911 $21,358,872$159,497,913 To Table 4Less Total Capacity Fees($499,752) ($499,752) ($499,752) ($499,752) ($499,752) ($499,752) ($499,752) ($499,752) ($499,752) ($688,600) ($5,883,444)updated for FY 2023-24 to FY 2027-28Less Debt Funded CIP$0$0$0$0$0($6,060,633) ($6,258,102) ($6,462,005) ($6,672,552) ($6,889,959) ($25,453,292)Net PAYGo CIP$8,638,601 $12,739,906 $13,721,767 $16,004,078 $14,701,980 $12,227,577 $12,642,262 $13,070,459 $13,512,607 $13,780,313 $128,161,177Average Annual PAYGo $13,161,266Average FYE 2031-35 $13,046,644CIP AllocationDemand Customer CapacityTotalCapacity$0$0 $1,700,000 $1,700,000Services$0 $100,000$0 $100,000Services$0 $400,000$0 $400,000Capacity$0$0 $3,150,000 $3,150,000Capacity$0$0 $1,300,000 $1,300,000Capacity$0$0 $100,000 $100,000Services$0 $100,000$0 $100,000Capacity$0$0 $1,840,000 $1,840,000Capacity$0$0 $2,400,000 $2,400,000Capacity$0$0 $2,067,308 $2,067,308Capacity$0$0$0$0Capacity$0$0$0$0Capacity$0$0$0$0Capacity$0$0$0$0$0 $600,000 $12,557,308 $13,157,308CIP Composite0%5%95%HF&H Consultants, LLC 6/16/2025 1:45 PMRWC_Water_Model_6Jun2025.xlsx5. CIPATTY/RESO.0109/CC RESO WATER RATES - EXHIBIT A REV: 11-05-25 MI
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