File #: 2024-6628    Name:
Type: Presentation Status: Agenda Ready
File created: 11/12/2024 In control: Water Utilities Advisory Board
On agenda: 11/18/2024 Final action:
Title: Consideration of the Water Connection Fee Recommendation
Attachments: 1. Water Tap Fee Presentation
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Title

Consideration of the Water Connection Fee Recommendation

Body

Key Issues:

The Water Tap Fee for FY25 for a residential equivalent unit which is identified as a 5/8" x 3/4" meter  was established at $3,973.  The methodology provided that: •                    

•                     Fees would be proportional to the size of the water meter.

•                     Costs of projects with annual review to ensure the proper allocation and cost recovery necessary to serve new development.

For the 2025 update of the Water Tap Fee Model, the following factors were updated.

•                     In FY24, there were 589 equivalent residential units consumed through the issuance of building permits.  The number of remaining equivalent units was reduced to 41,540.

•                     The Water Tap Fee fund collected $2,262,043 during FY24.

•                     During the year, the Milton Thompson & Langsford Road upsizing project was completed at $1,177,219.  This project was completed under budget by $163,000.

•                     The remaining projects costs in the model were updated based on the Engineering Record Construction Cost Index which was 1.6% for this year through November.

Staff recommends:

Increase the water tap fee for residential equivalent unit for the (5/8” x3/4” meter) from $3,973 to $4,080 effective data of July 1, 2025.

Increase fees proportionally to the size of the water meter.

Proposed Motion:

I move to recommend City Council approval to amend water tap fee and fee schedule effective July 1, 2025.

Background:

In December of 2022, The Water Utilities department presented new methodology for calculation of water tap fees based on the completion of master planning efforts to ensure that fees were appropriately designed.  The Water Master Plan allowed the department to review the water tap fee model similar to the process that was used for the sanitary sewer connection fee methodology.

The original water ...

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