Murraysmith Inc. 4/12/2021 - Laserfiche WebLink

Murraysmith—City of Everett March 2021 Sewer Utility Financial Plan page 3 Task 5 I Documentation Prepare a financial chapter that documents the study process,the City's multi-year rate ordinance and associated revenue forecast, the revenue requirement methodology, key assumptions, results, and recommendations. Deliverables to include: • Draft financial chapter. » Prepare a draft financial chapter. Work with Murraysmith to provide the chapter in a format generally consistent with other Plan chapters (to the extent practical). » Provide an electronic copy of the draft financial chapter and Excel-based tables to incorporate into the Plan. • Final financial chapter. » Incorporate requested changes, as appropriate, and submit the final version of the chapter. SCHEDULE Completion of the analysis is based on a variety of issues. These issues include timeliness of receipt of requested data/ information(especially capital planning data); quality of data; ability to schedule meetings promptly; and the ability of the City and Murraysmith to provide policy direction for the study to move forward at key study milestones. A specific project schedule that meets the City's needs will be developed during the initial project meeting. Once all data has been received, we can typically generate draft results and have a first review meeting with Murraysmith and City staff approximately 45 days later. BUDGET The budget for the study will not exceed $29,546 unless approved in writing by the City or Murraysmith. ��> FCS GROUP www.fcsgroup.com