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Home My WebLink AboutUB-water rate studyWATER RATE CALCULATION Effective:10/01/20 CITY OF REXBURG 2019 2020 2021 VOLUME VOLUME 2 Year ACTUAL FORECAST BUDGET RELATED RELATED CUSTOMER Percent ACCT # ACCT NAME EXPENSES EXPENSES EXPENSES SHARE COSTS COSTS Increase OPERATING COSTS 26-434.10 SALARIES 369,545 434,000 450,600 30%135,180 22% 26-434.100 CERTIFICATION RAISES 0 0 3,000 30%900 26-434.102 HIRE NEW EMPLOYEE 0 0 0 30%0 26-434.103 MERIT RAISES 0 0 -3,000 30%-900 26-434.15 FULLTIMER OVERTIME 7,095 7,000 7,000 30%2,100 26-434.152 BUILDING MAINTENANCE 0 0 0 30%0 26-434.16 PART-TIME WAGES 47,935 48,000 48,000 30%14,400 0% 26-434.19 ACCRUED LEAVE 6,065 8,400 8,400 30%2,520 26-434.20 BENEFITS 242,884 280,000 304,900 30%91,470 26% 26-434.24 PERSI PENSION EXP ADJ 45,490 24,000 0 30%0 26-434.25 W/C SURCHARGE 38,657 35,100 1,800 30%540 -95% 26-434.251 W/C REFUND -1,711 -3,000 -2,400 30%-720 40% 26-434.26 UNEMPLOYMENT BENEFITS 0 0 0 26-434.27 UNIFORMS 1,592 2,800 2,800 30%840 26-434.29 WELLNESS/REC.PROGRAM 1,057 800 900 30%270 TOTAL PERSONNEL 758,609 837,100 822,000 30%246,600 575,400 8% 26-434.30 SUPPLIES 19,370 16,500 16,500 30%4,950 26-434.31 POSTAGE 309 200 200 30%60 26-434.35 GAS & OIL 15,548 15,600 16,000 30%4,800 26-434.39 SMALL TOOLS 9,096 10,000 10,000 30%3,000 26-434.40 DRUG TEST & BACKGROUND 207 200 200 30%60 26-434.41 STATE FEE-SDWA 11,949 12,000 12,000 0%0 26-434.411 WATER DISTRICT FEES 3,117 3,100 3,300 80%2,640 26-434.412 CITIES SETTLEMENT-RECHARGE 6,450 6,500 6,500 0%0 26-434.42 TESTING 16,867 14,500 14,500 80%11,600 26-434.43 HIRED WORK 16,034 30,000 35,000 30%10,500 118% 26-434.431 BACKFLOW TESTING EXP 13,233 10,000 10,000 30%3,000 26-434.432 ENGINEERING-INSPECTIONS 4,593 7,000 7,000 50%3,500 26-434.433 HIRED WORK-ENG. CONS.22,968 20,000 20,000 50%10,000 26-434.434 HIRED WORK-ODD YR.AERIAL PH.0 2,200 2,200 0%0 26-434.44 AUTO-PAY DISCOUNT 7,469 7,000 7,000 0%0 26-434.45 ADVERTISING/PUBLISHING 654 300 500 0%0 26-434.46 INSURANCE 10,416 12,100 10,500 60%6,300 26-434.47 TRAVEL & TRAINING 9,359 10,000 10,000 30%3,000 26-434.48 BANKING CHARGES 15,225 15,000 15,000 0%0 26-434.481 DUES & MEMBERSHIP 6,979 7,100 7,100 100%7,100 26-434.49 STATEMENT BILLING 7,892 8,000 8,000 0%0 26-434.50 JANITOR SERVICE 1,203 1,200 1,200 0%0 26-434.51 TELEPHONE 9,782 10,000 10,000 80%8,000 26-434.52 HEAT & LIGHTS 1,995 1,900 2,000 30%600 26-434.53 PUMPING POWER 295,497 295,000 310,000 95%294,500 5% 26-434.58 WATER/SEWER/GARBAGE 1,513 1,600 1,600 30%480 26-434.59 REP-PUMPS/WELLS 17,684 10,000 16,000 100%16,000 26-434.60 REP-BUILDINGS/TANKS 5,075 6,000 6,000 80%4,800 26-434.61 REP-EQUIPMENT 26,736 25,000 25,000 30%7,500 26-434.62 PARTS & PIPE & LINE REP.45,652 40,000 45,000 50%22,500 26-434.63 STREET PATCH-H20 LINE REPAIRS 0 8,000 8,000 26-434.64 COMPUTER MAINT.20,108 21,800 23,500 0%0 26-434.65 METER MAINTENANCE 38,528 35,000 35,000 0%0 26-434.66 FIRE HYDRANT & REPAIRS -2,978 4,000 4,000 0%0 26-434.69 MISCELLANEOUS 0 0 0 50%0 TOTAL OPERATING COSTS 658,530 666,800 698,800 61%424,890 273,910 6% OTHER COSTS 26-434.77 DEPRECIATION 640,705 710,000 750,000 72%540,000 17% 26-434.78 LIABILITY LOSS 1,595 1,500 1,500 30%450 26-434.79 BAD DEBT 106 300 300 0%0 26-434.84 CONTRIBUTED ASSETS 0 150,000 400,000 0%0 26-434.85 ASSET DISPOSAL 3,835 2,000 2,000 72%1,440 26-434.89 PRINCIPAL PAYMENTS 0 0 55,800 72%40,176 26-434.891 PRINCIPAL PMT-CAPACITY SHARE 0 0 192,600 72%138,672 26-434.90 INTEREST PAYMENTS 88,404 132,000 88,000 72%63,360 26-434.92 GIS OVERHEAD 53,908 56,900 37,400 0%0 26-434.94 RIGHT-OF-WAY CHARGE 180,800 182,000 185,000 0%0 26-434.95 SHOP EXPENSES 24,228 70,000 40,000 30%12,000 26-434.96 ASSET SECURITY 173,900 214,700 227,300 72%163,656 26-434.97 PARKS SERVICES 0 0 0 0%0 WATER RATE CALCULATION Effective:10/01/20 CITY OF REXBURG 2019 2020 2021 VOLUME VOLUME 2 Year ACTUAL FORECAST BUDGET RELATED RELATED CUSTOMER Percent ACCT # ACCT NAME EXPENSES EXPENSES EXPENSES SHARE COSTS COSTS Increase 26-434.98 CONTINGENCY 0%*OPERATIONS 0 10,000 0 50%0 0% 26-434.99 GEN. OVERHEAD 378,600 356,800 355,200 50%177,600 26-434.999 TRANSFER TO CAPITAL 1,907,962 2,864,300 1,838,000 0%0 -4% TOTAL OTHER FIXED COSTS 3,454,043 4,750,500 4,173,100 27%1,137,354 3,035,746 21% GRAND TOTAL 4,871,182 6,254,400 5,693,900 32%1,808,844 3,885,056 17% 5,501,300 2020 Less Other Revenues, Parts -135,000 -111,300 Less Transfer from Fund 34 for Principle/Interest on Loan for Capacity Projects -138,672 -53,928 -192,600 Less Trnsfr to Capital-being paid with loan -1,838,000 Contributed Assets -400,000 Revenue Shift 0 0 NET BASE COSTS 1,535,172 1,481,828 2020 FORECAST REVENUE 1,400,000 1,500,000 2020 PER UNIT CHARGE 1.041 18.85 (000) GAL.EQ. METERS 2020 BILLED UNITS 1,344,861 6,631 CALCULATED COST PER THOUSAND GALLONS/EQUIVALENT METERS 1.142 18.62 Volume Rate Base Rate Old Rate 1.041 18.85 Increase %9.7%-1.2% Increase $$0.101 ($0.23) 100%Staff Recommended Rate $1.142 $18.62 Recommend to take the full increase. Increase in rates due in large part to increased depreciation costs, and increases in personnel and operational expenses. Reserves in good shape, but will be spending down as DEQ Loan finalized in next few years.