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Home My WebLink AboutUB-water rate studyWATER RATE CALCULATION Effective:10/01/24 CITY OF REXBURG 2023 2024 2025 VOLUME VOLUME 2 Year 26434 ACTUAL FORECAST BUDGET RELATED RELATED CUSTOMER Percent ACCT # ACCT NAME EXPENSES EXPENSES EXPENSES SHARE COSTS COSTS Increase PERSONNEL COSTS 4100 SALARIES 573,028 670,000 763,900 30%229,170 33% 4106 CERTIFICATION RAISES 0 0 2,000 30%600 4107 MERIT RAISES 0 0 0 30%0 4109 HIRE NEW EMPLOYEE 0 0 0 30%0 4150 FULLTIMER OVERTIME 24,035 24,000 26,000 30%7,800 4159 BUILDING MAINTENANCE 0 0 0 30%0 4160 PART-TIME WAGES 33,392 30,000 36,000 30%10,800 8% 4190 ACCRUED LEAVE 6,040 7,200 7,100 30%2,130 4200 BENEFITS 367,849 410,000 453,700 30%136,110 23% 4240 PERSI PENSION EXP ADJ 48,532 42,000 42,000 30%12,600 4250 W/C SURCHARGE 9,706 13,200 13,000 30%3,900 34% 4251 W/C REFUND 31,085 12,700 12,000 30%3,600 -61% 4260 UNEMPLOYMENT BENEFITS 0 0 0 4270 UNIFORMS 3,777 3,000 3,300 30%990 4290 WELLNESS/REC.PROGRAM 1,312 1,400 1,400 30%420 TOTAL PERSONNEL 1,098,757 1,213,500 1,360,400 30%408,120 952,280 24% OPERATING COSTS 4300 SUPPLIES 17,014 12,200 12,600 30%3,780 4330 JANITOR SERVICE 0 200 200 0%0 4350 GAS & OIL 24,671 24,000 24,500 30%7,350 4360 POSTAGE 699 700 700 30%210 4390 SMALL TOOLS 5,154 8,000 8,000 30%2,400 4400 DRUG TEST & BACKGROUND 239 200 200 30%60 4414 STATE FEE-SDWA 15,021 15,000 15,000 0%0 4415 WATER DISTRICT FEES 11,772 6,200 6,300 80%5,040 4416 CITIES SETTLEMENT-RECHARGE 0 0 0 0%0 4426-4427 INTEREST PAYMENTS-only use maint share48,322 47,300 45,900 72%33,048 4430 HIRED WORK 46,204 65,000 40,000 30%12,000 -13% 4431 HIRED WORK-ENG/SMALL PROJECTS 22,832 30,000 30,000 50%15,000 4432 HIRED WORK-TESTING 24,699 18,000 18,000 80%14,400 4446 HIRED WORK-SHERRIFF DISPATCH 5,000 5,000 15,000 50%7,500 4451 BACKFLOW TESTING EXP 14,105 14,000 14,000 30%4,200 4454 HIRED WORK-ODD YR.AERIAL PH.0 0 0 0%0 4460 INSURANCE 42,982 58,900 80,800 60%48,480 4470 TRAVEL & TRAINING 10,207 9,000 9,500 30%2,850 4480 DUES & MEMBERSHIP 9,290 9,000 9,200 100%9,200 4490 BANKING CHARGES 4,386 4,700 4,800 0%0 4491 CREDIT CARD FEES 14,385 13,500 13,600 0%0 4495 STATEMENT BILLING 14,714 16,500 16,800 0%0 4496 AUTO-PAY DISCOUNT 14,011 20,200 20,500 0%0 4500 ADVERTISING/PUBLISHING 211 200 200 0%0 4510 TELEPHONE 11,548 11,800 12,000 80%9,600 4520 HEAT & LIGHTS 4,425 4,000 4,200 30%1,260 4532 PUMPING POWER 364,881 370,000 385,000 95%365,750 6% 4580 WATER/SEWER/GARBAGE 1,682 1,800 1,900 30%570 4590 REP-PUMPS/WELLS 13,534 100,000 14,000 100%14,000 4600 REP-BUILDING/GROUNDS 3,807 2,200 2,200 80%1,760 4601 REP-WATER TANK BUILDING 0 500 500 100%500 4610 REP-EQUIPMENT 21,694 22,000 18,000 30%5,400 4624 REP-PARTS AND PIPE 10,297 18,000 18,000 72%12,960 4625 REP-LINES AND STREET 4,566 4,500 4,500 50%2,250 4626 FIRE HYDRANT & REPAIRS 11,736 5,000 5,000 0%0 4627 METER MAINTENANCE 71,719 65,000 65,000 0%0 4640 COMPUTER MAINT.28,070 30,000 30,500 0%0 4677 DEPRECIATION 761,025 785,000 810,000 72%583,200 6% 4680 LIABILITY LOSS 285 0 2,500 30%750 4690 MISCELLANEOUS 0 0 0 50%0 TOTAL OPERATING COSTS 1,655,186 1,797,600 1,759,100 66%1,163,518 595,582 6% OTHER COSTS 4830 GIS OVERHEAD 55,300 65,300 61,300 0%0 4840 RIGHT-OF-WAY CHARGE 209,700 228,500 242,100 0%0 4850 SHOP EXPENSES 30,722 29,000 28,000 30%8,400 4860 ASSET SECURITY 245,500 257,900 269,500 72%194,040 4870 ASSET DISPOSAL 85,280 1,000 1,000 72%720 4872 CONTRIBUTED ASSETS 0 250,000 250,000 0%0 4873 PRIN PAYMENTS-MAINT 0 74,100 75,400 72%54,288 WATER RATE CALCULATION Effective:10/01/24 CITY OF REXBURG 2023 2024 2025 VOLUME VOLUME 2 Year 26434 ACTUAL FORECAST BUDGET RELATED RELATED CUSTOMER Percent ACCT # ACCT NAME EXPENSES EXPENSES EXPENSES SHARE COSTS COSTS Increase 4876 PRIN PMT-CAPACITY-reduced below 0 120,800 123,200 72%88,704 4679 BAD DEBT 0 500 500 0%0 4890 GEN. OVERHEAD 388,000 431,200 466,800 50%233,400 4942 TRANSFER TO CAPITAL 0 0 0 0%0 6000 CONTINGENCY 0%*OPERATIONS 0 0 5,000 50%2,500 0% TOTAL OTHER FIXED COSTS 1,014,502 1,458,300 1,522,800 38%582,052 940,748 50% GRAND TOTAL 3,768,445 4,469,400 4,642,300 46%2,153,690 2,488,610 23% 4,519,100 Less Other Revenues, Parts -225,000 -106,000 Less Transfer from Fund 34 for Principle on Loan for Capacity Projects -88,704 -34,496 -123,200 Less Principal Payment and Interest Payment for DEQ Loan-Not to be included in rate calculations -87,336 -33,964 -121,300 Less Trnsfr to Capital-being paid with loan 0 Contributed Assets -250,000 Revenue Shift 0 0 NET BASE COSTS 1,752,650 2,064,150 2024 FORECAST REVENUE 1,690,000 2,014,000 2024 PER UNIT CHARGE 1.137 21.7 (000) GAL.EQ. METERS 2024 BILLED UNITS 1,486,368 7,734 CALCULATED COST PER THOUSAND GALLONS/EQUIVALENT METERS 1.179 22.24 Volume Rate Base Rate Old Rate 1.137 21.70 Increase %3.7%2.5% Increase $$0.0421 $0.54 100%Staff Recommended Rate $1.179 $22.24 Cont Cap Other Volume Customer Total Total Revenue 250,000 454,200 1,752,650 2,064,118 4,520,968 100%1,752,650 2,064,118 Old Adopted Rate New Calculated Rate Staff Recomm- ended Rate Dollar Increase % Increase WATER (10 Th. GAL)26.25 26.96 26.96 0.71 2.7% WATER (20 Th. GAL)37.63 38.75 38.75 1.12 3.0% What caused the increases in rates? Expenses 2023 2025 % Change Personnel 1,098,757 1,360,400 23.81% Operations 1,655,186 1,759,100 6.28% Depreciation 761,025 810,000 6.44% Other Fixed Costs (Includes Depreciation)1,213,102 1,272,800 4.92%Less Contributed assets and transfers to capital Forecast Forecast 2025 Water Reserve 9/30/2024 9/30/2025 Cap Projects Operating Reserves 6,756,724$ 5,058,724$ 2,550,000$ Capital Reserves 2,346,500$ 1,524,600$ 575,000$ Water Capital Construction -$ -$ $150,000 Total 9,103,224$ 6,583,324$ 3,275,000$ Recommend to take the full increase. 2 Year Expense increase of almost 23%. No charge on DEQ Loan Principle and Interest in Rate However.