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HomeMy WebLinkAboutVI-03 - 1st Reading_Order for Public Hearing - Ordinance Amendment City Council Memorandum To: Mayor Hicks & City Councilmembers From: Melanie Lammers, Finance Manager Date: December 3, 2018 Item: First Reading/Ordinance Amendment-Adjustment of Utility Rate Fees Council Action Requested: Council is requested to conduct a first reading and order a public hearing for December 17, 2018 to consider an ordinance amendment adjusting the Utility fees. Background Information: In 2016 the City worked with Ehlers on a utility rate study and took an in-depth look at the structure of our utility funds and sustainability. The study recommended a rate restructure which was passed and implemented in July 2017. The 2019 rate recommendation is based upon information from the Utility Rate study, our identified capital needs for infrastructure paid through utility funds, and for long term sustainability of the utility funds. Staff has recommended a 5% increase in Water rates. This is based on analysis of the above factors and to avoid a negative cash flow in the Water Fund. The Engineering department is planning on redoing an older section of street in 2019. The cost to the Water fund is significant. Staff is also looking at future road projects and estimating the impact to the Water fund, mitigating as much cost and work as possible to keep the rate increases to the Fund reasonable. A 3% increase is being recommended for our Sewer Rates. This adjustment keeps the Fund in line with inflationary increases to expenditures, and the Met Council increase of 3.24%. (Met Council is the largest expense for the Sewer Fund) A 3% increase is also being recommended for our Storm water fund. The Storm Water Funds future capital projects are driving this proposed increase. Financial Impact: The proposed rate increase is included in our 2019 budget. It is anticipated this increase will create a neutral or positive revenue stream from each of the utility funds. Rate increase requests in future years will be evaluated based on the fund health, and are expected to be in line with inflationary measures and Capital projects. Staff also recommends a utility rate study be budgeted for 2020, for an outside viewpoint of how the new rate structure is functioning. If approved, the updated fee structure will be effective with the January 2019 billing. VI-03 Residential Impact Chart – quarterly bill Average Single Family Home City Average based on 15,000 gallons 2017 2018 2017/2018 Increase 2019 w/5/3/3 2018/2019 Increase WATER 15 15 15 0.91 0.99 1.04 13.65 14.85 15.60 SEWER 15 15 15 3.32 3.98 4.10 49.80 59.70 61.50 Water 13.65 14.85 1.20 15.60 0.75 WA Fixed 15.09 16.45 1.36 17.27 0.82 Sewer 49.80 59.70 9.90 61.50 1.80 SW Fixed 14.66 17.59 2.93 18.12 0.53 Stormwater 14.44 18.05 3.61 18.59 0.54 MN Test Fee 1.59 1.59 0.00 1.59 0 109.23 128.23 19.00 132.67 4.44 Advisory Commission Discussion: N/A Council Committee Discussion: November 15th Finance Committee meeting included discussion on the utility funds and rate increase requests. Attachments:  Ordinance amendment  Finance Committee Memo and Recap VI-03 CITY OF HASTINGS, MINNESOTA ORDINANCE NO. 2018- THIRD SERIES AN ORDINANCE OF THE CITY OF HASTINGS, MINNESOTA AMENDING CHAPTER 34 OF THE HASTINGS CITY CODE PERTAINING TO FEES FOR MUNICIPAL SERVICES BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HASTINGS AS FOLLOWS: Chapter 34 of the Hastings City Code is hereby amended as follows: Section 34.03 Fee Schedule Current Proposed Water Base Charges 5/8” Meter $16.45 $17.27 1.0” Meter $41.10 $43.16 1.25” & 1.5” Meter $82.22 $86.33 2.0” Meter $131.54 $138.12 3.0” Meter $246.65 $258.98 4.0” Meter $534.38 $561.10 6.0” Meter $1,150.99 $1,208.53 Irrigation Base Charges 5/8” Meter $32.90 $34.54 1.0” Meter $82.20 $86.31 1.25” & 1.5” Meter $164.44 $172.66 2.0” Meter $263.08 $276.23 3.0” Meter $493.33 $518.00 4.0” Meter $1068.76 $1122.20 6.0” Meter $2301.98 $2417.08 VI-03 Water Consumption Current Proposed Residential Users (applies all year) 0 – 15,999 gallons $.99/1,000 gallons $1.04/1,000 gallons 16,000 – 30,999 gallons $1.29/1,000 gallons $1.35/1,000 gallons 31,000 – 60,999 gallons $2.06/1,000 gallons $2.16/1,000 gallons 61,000 gallons and above $3.91/1,000 gallons $4.11/1,000 gallons Other Users 0 – 15,999 gallons $.99/1,000 gallons $1.04/1,000 gallons 16,000 – 75,999 gallons $1.29/1,000 gallons $1.35/1,000 gallons 76,000 – 200,999 gallons $2.06/1,000 gallons $2.16/1,000 gallons 201,000 gallons and above $3.91/1,000 gallons $4.11/1,000 gallons Sewer Fixed Charges $17.59 $18.12 Sewer Consumption Charge (based on metered use during winter billing quarter) $3.98/1,000 gallons $4.10/1,000 gallons Storm Water Utility Rates Low Density Residential $18.05/lot $18.59/lot Medium Density Residential $9.92/lot $10.22/lot High Density Residential $70.39/acre $72.50/acre Manufactured Housing $54.14/acre $55.76/acre Commercial/Office $86.63/acre $89.22/acre Industrial $75.80/acre $78.07/acre Public/Institutional Exempt/acre Exempt/acre Golf Course $16.25/acre $16.74/acre Open Space/Vacant $18.05/lot $18.59/lot Agricultural $18.05/lot $18.59/lot Section 34.03 Effective Date This ordinance shall be effective with the January 2019 billing. Moved by Councilmember , seconded by Councilmember to adopt the ordinance as presented. VI-03 Adopted by the Hastings City Council on this 17th day of December, 2018, by the following vote: Ayes: Nays: Absent: CITY OF HASTINGS ____________________ Paul J. Hicks, Mayor ATTEST: _____________________ Julie Flaten, City Clerk I hereby certify that the above is a true and correct copy of the Ordinance presented to and adopted by the City of Hastings, County of Dakota, Minnesota, on the 17th day of December, 2018, as disclosed by the records of the City of Hastings on file and of record in the office. _____________________ Julie Flaten, City Clerk VI-03 To: Finance Committee (Vaughan*, Balsanek, Braucks) From: Melanie Lammers, Finance Manager Cc: Melanie Mesko Lee, City Administrator Date: November 15, 2018 7:45am 2019 Budget Considerations. The committee is asked to review a number of options for final budget preparation. The 2019 insurance rates were favorable, so there is approximately $100,000 in general levy available within the 2019 Preliminary Levy. 10% insurance overage budgeted – total of approximately $100,000 general levy $100,000 overage in our budget- need to decide what course of action we would like to take. • Lower the levy by $100,000. Current tax rate for 2019 estimated at 59.55% (information from Dakota County) New rate with decrease estimated at 59.05% Half a percent decrease in rate lowers median value home tax approx. $10 for the year • Use the monies to build fund balance in an internal service fund for insurance. All insurance will be paid out of the insurance fund moving forward. Funds/departments will contribute to the insurance fund for premiums. The goal is to establish a fund that the City can use if a claim is not covered by our insurance. Current liability is up to $2 million per occurrence. Another $1 million costs $32,000 a year. This fund can also be used for paying deductibles, carrying a higher deducible, emergency situations (money for natural disasters), and phasing in large insurance increases if needed. Staff recommends working toward a $500,000 fund balance at this time. Note: this is for liability and work comp insurance, not payroll funded employee items (health, dental, etc.) and will take many years to reach our initial target. • Use the monies to fund a project or item that didn’t make the final cut in the 2019 budget. Staff will make recommendations based on department priorities, available funding, and outstanding needs. VI-03 2019 UTILITY RATES The adopted Utility Rate study had projected future rate increases based on anticipated projects to be funded out of the utility funds. The rate study increase implementation schedule for the next few years: 2017 2018 2019 2020 2021 2022 2023 Water 9% 9% 9% 9% 9% 9% 7% Sewer 20% 20% 3% 3% 3% 3% 3% Storm 25% 25% 25% 25% 5% 5% 5% Using the existing study, we refined the numbers with a debt/cash combination for the requested Capital projects. We also have been working with the public works department to refine and provide more detail for future anticipated capital projects. Here is the current, budgeted, and projected projects worked into the model. Actual Budgeted Projected Projected Projected Projected 2018 2019 2020 2021 2022 2023 Water 1,246,000 1,271,550 1,060,963 650,000 968,000 965,000 Sewer 450,000 592,000 609,569 840,000 411,000 552,700 Storm 150,000 260,000 90,600 225,000 31,000 21,000 Public works will continue to refine the projects identified for the next several years to ensure we are planning appropriately. Based on the projects in the next few years, we are budgeting a 2019 utility rate increase effective with the January 2019 billing of 5% Water, 3% Sewer, and 3% Stormwater,. These increases are much smaller than the prior two increases adopted by the Council. We have prepared several graphs showing the capital project amounts and the Target working capital for each fund with various rate increases. We are balancing the need for expensive capital investment with the impact to the property owner. VI-03 No 2019 increase, resume at 9% in 2020 2019 – 5% Increase 2020 – 9% Increase 2019 – 9% Increase. 2020 – 9% Increase 0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Water Fund Capital Unrestricted Cash Reserves Target working capital Actual working capital 0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Water Fund Capital Unrestricted Cash Reserves Target working capital Actual working capital 0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Water Fund Capital Unrestricted Cash Reserves Target working capital Actual working capital VI-03 No 2019 increase, resume at 3% in 2020 2019 – 3% Increase – estimating 3% yearly inflationary increase (1,000,000) 0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Sewer Fund Capital Unrestricted Cash Reserves Target working capital Actual working capital (1,000,000) 0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Sewer Fund Capital Unrestricted Cash Reserves Target working capital Actual working capital VI-03 2019 – No increase, resume 3% in 2020 2019 – 3% Increase – estimating yearly 2% or 3% inflationary increase 0 500,000 1,000,000 1,500,000 2,000,000 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Storm Water Fund Capital Unrestricted Cash Reserves Target working capital Actual working capital 0 500,000 1,000,000 1,500,000 2,000,000 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Storm Water Fund Capital Unrestricted Cash Reserves Target working capital Actual working capital VI-03 Customer Impacts With the budgeted rates identified above, the impact to a residential customer would be as follows. Average Single Family Home City Average based on 15,000 gallons 2017 2018 2017/2018 Increase 2019 w/5/3/3 2018/2019 Increase WATER 15 15 15 0.91 0.99 1.04 13.65 14.85 15.60 SEWER 15 15 15 3.32 3.98 4.10 49.80 59.70 61.50 Water 13.65 14.85 1.20 15.60 0.75 WA Fixed 15.09 16.45 1.36 17.27 0.82 Sewer 49.80 59.70 9.90 61.50 1.80 SW Fixed 14.66 17.59 2.93 18.12 0.53 Stormwater 14.44 18.05 3.61 18.59 0.54 MN Test Fee 1.59 1.59 0.00 1.59 0 109.23 128.23 19.00 132.67 4.44 VI-03 Finance Committee Meeting: 2019 Levy/Budget, Utility Rates November 15, 2018 Hastings City Hall: Volunteer Room 7:45 a.m. – 8:00 a.m. Members Present: Councilmembers Balsanek, Braucks, Vaughan* Staff Present: City Administrator Melanie Mesko Lee Finance Manger Melanie Lammers Overview Committee was asked to review 2019 Budget options for Health Insurance overage. Health Insurance was budgeted at a 10% increase, but came in at a 0% increase. This created lower expense in the amount of approximately $100,000 in our Levy supported funds. Three option were presented and discussed for the budget overage 1. Lower the Levy by $100,000 The impact of this was discussed. It would be around $10 less of tax for a median home in Hastings. 2. Put the $100,000 in the newly created insurance fund. This fund was created to more easily monitor insurance expense and claims, and to build a reserve for items not covered by insurance, or emergency use. -Our current insurance policy covers up to $2miilion per incident -If the City is found liable for more than $2million for an incident, the City must pay the money out of its coffers for the claim. -Additional $1 million in coverage is $32,000 a year -A built up insurance fund will also allow us flexibility in choosing our deductible, a higher deductible creates lower insurance rates. To have a higher deductible, we need money to cover incidents-the insurance fund would provide this. -Staff Recommends fund balance target of $500,000 initially-this will take several years to get to. Councilmembers asked how much the fund should have in it, want to be prudent to not build up to many funds by overtaxing. – Staff explained it is a policy decision for the VI-03 Council to make. Many Cities have larger insurance fund balances upward of $1 million, some keep less available. 3. Use the monies to fund a project or item that didn’t make the final 2019 budget cuts. Discussion ensued on which projects, or how you would pick. Staff explained option for well vetted items could be presented. Councilmembers questioned adding items that had already been rejected. Also discussed splitting the overage between insurance fund and a project. Finance Committee members voted unanimously to put the $100,000 in the insurance fund. Utility Funds Staff presented the three Utility funds and the financial outlook for each fund. Explained the recommended increases to each fund, and talked about the capital projects in the next 5 years driving the request. Staff also recommended having another utility rate study in 2020. The study would be less in-depth, and rather take a look at how each fund performed under the new rates. Water 5% - Staff recommended increasing water by 5%. The schedule from the rate study suggests a 9% increase. Staff is cognizant of the large increase/changes from the rate study implementation, and is sensitive to our customers, trying to keep any increase manageable for our residents. The water meter replacement project, along with street reconstruction costs each year are driving the Water fund rate increases. Engineering is looking at how to cut future replacement costs using technology to determine if we can leave any of our Water infrastructure in the ground. The future Capital projects dictate 9% rate increases in the future, but will be analyzed each year to confirm. This fund is the most financially challenged, with Water projects being some of the most expensive in the City. Sewer 3%- Staff recommended increasing sewer by 3%. This is in-line with the rate study and inflationary costs. It also maintains the funds financial sustainability when looking at future capital projects. Stormwater 3%- Staff recommended increasing stormwater by 3%. This is significantly less than the 25% increase recommended in the Utility rate study. The lower increase is to keep up with inflationary costs. The fund does not have solid future capital items to warrant a 25% increase at this time. Customer impact charge was presented. The proposed changes will have a $4.44 increase to a residential customer using 15,000 gallons of water a quarter. The last increase impact was $19.00 per quarter for the same household. -council member Balsanek stated his water bill is lower than that as he doesn’t use that much water, asked what his increase would be. Staff explained it will be lower than the $4.44 if he is using less water than 15,000 gallons. VI-03 Finance committee discussed some of the upcoming Capital projects coming up. Councilmember Vaughn stated he approves of the rate increase on the condition we have another Utility study in 2020. 3-0 Unanimous vote to recommend the rate increase. Motion to dismiss, Second. *Committee chair VI-03