2016/11/30 Council Agenda Packet

• EVERETT CITY COUNCIL AGENDA 1"1'EM COVER SHEET PROJECT TITLE: • An ordinance establishing 11/02/16 Briefing COUNCIL BILL# ahl 10(0-45 current rates for water, Proposed Action Originating Department filtration, sewer,and storm Consent Contact Person Matt Welborn water for the City of Everett. Action Phone Number 425 257-8974 11/2/2016 First Reading - FOR AGENDA OF Nov.2,2016 11/9/16 Second Reading . 11/16/16 Third Reading Public Hearing Budget Advisory Initialed by: Department Head CAA td Council President !a* Location Preceding Action Attachments Department(s)Approval Ordinance#3299-12 Ordinance Ordinance#3417-14 Amount Budgeted -0- Expenditure Required -0-- Account Number(s): Budget Remaining -0- • Additional Required -0- DETAILED SUMMARY STATEMENT: Everett Utilities has completed the 2016 water,filtration, sewer, and storm water cost of service study. The study indicates increased water and filtration charges are necessary to fund capital expenditures, and to meet water quality, supply,regulatory and financial obligations of Everett Utilities. Water and filtration rates, based on consumption of 700 cubic feet per month,will increase annually from the current charge of$29.734 per month to$29.876 per month in 2017,$31.060 per month in 2018,$32.232 in 2019,and$33.454 in 2020.Increased sewer and surface water charges are necessary to continue to aggressively maintain,replace, and expand utility infrastructure. Sewer rates will increase annually from the current Single-Family charge of$59.87 per month to $67.22 in 2017,$71.26 in 2018, $75.33 in 2019, and$79.65 in 2020. Surface water rates for unsewered accounts increases annually from the current Single-Family charge of$17.44 per month to $22.67 in 2017, $24.48 in 2018,$26.44 in 2019, and$28.56 in 2020. The overall utility bill increase for a single-family customer using 700 cubic feet of water per month will be 8.0%in 2017, 5.2%in 2018,4.9%in 2019,and 5.0%in 2020. RECOMMENDATION(Exact action requested of Council): That City Council adopt the ordinance adjusting water, filtration, sewer, and storm water rates as recommended.