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Home My WebLink AboutUB-water rate study FY 26WATER RATE CALCULATION Effective:10/01/25 CITY OF REXBURG 2024 2025 2026 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 656,404 715,000 769,000 25%192,250 17% 4106 CERTIFICATION RAISES 0 0 5,000 25%1,250 4107 MERIT RAISES 0 0 0 25%0 4109 HIRE NEW EMPLOYEE 0 0 11,500 25%2,875 4150 FULLTIMER OVERTIME 31,917 42,000 45,000 25%11,250 4159 BUILDING MAINTENANCE 0 0 0 25%0 4160 PART-TIME WAGES 28,771 32,000 35,000 25%8,750 22% 4190 ACCRUED LEAVE 32,791 11,300 12,000 25%3,000 4200 BENEFITS 397,439 442,000 476,300 25%119,075 20% 4240 PERSI PENSION EXP ADJ 65,310 55,000 55,000 25%13,750 4250 W/C SURCHARGE 13,157 10,800 10,800 25%2,700 -18% 4251 W/C REFUND 12,693 2,700 2,500 25%625 -80% 4260 UNEMPLOYMENT BENEFITS 0 0 0 25% 4270 UNIFORMS 1,648 3,300 5,000 25%1,250 4290 WELLNESS/REC.PROGRAM 2,026 2,000 2,100 25%525 TOTAL PERSONNEL 1,242,156 1,316,100 1,429,200 0 357,300 1,071,900 15% OPERATING COSTS 4300 SUPPLIES 6,015 12,000 12,600 25%3,150 4330 JANITOR SERVICE 133 0 0 25%0 4350 GAS & OIL 25,901 24,500 26,000 25%6,500 4360 POSTAGE 1,428 1,000 1,000 25%250 4390 SMALL TOOLS 6,870 7,000 7,000 25%1,750 4400 DRUG TEST & BACKGROUND 146 200 300 25%75 4414 STATE FEE-SDWA 15,021 15,000 15,000 0%0 4415 WATER DISTRICT FEES 6,931 12,000 12,000 80%9,600 4416 CITIES SETTLEMENT-RECHARGE 0 0 0 0%0 4426-4427 INTEREST PAYMENTS-only use maint share47,170 45,900 44,500 72%32,040 4430 HIRED WORK 15,492 40,000 40,000 25%10,000 158% 4431 HIRED WORK-ENG/SMALL PROJECTS 26,253 25,000 25,000 50%12,500 4432 HIRED WORK-TESTING 39,255 26,000 28,000 80%22,400 4446 HIRED WORK-SHERRIFF DISPATCH 5,352 15,000 35,000 50%17,500 4451 BACKFLOW TESTING EXP 21,190 22,000 22,000 25%5,500 4454 HIRED WORK-ODD YR.AERIAL PH.0 0 0 0%0 4460 INSURANCE 58,868 89,700 79,700 60%47,820 4470 TRAVEL & TRAINING 6,320 9,500 9,800 25%2,450 4480 DUES & MEMBERSHIP 8,953 10,000 10,000 50%5,000 4490 BANKING CHARGES 4,875 4,900 5,000 0%0 4491 CREDIT CARD FEES 10,976 11,500 12,000 0%0 4495 STATEMENT BILLING 17,591 18,000 18,400 0%0 4496 AUTO-PAY DISCOUNT 20,539 21,000 21,000 0%0 4500 ADVERTISING/PUBLISHING 1,955 800 800 0%0 4510 TELEPHONE 12,122 12,800 13,000 80%10,400 4520 HEAT & LIGHTS 3,427 3,800 4,000 25%1,000 4532 PUMPING POWER 404,952 408,000 415,000 95%394,250 2% 4580 WATER/SEWER/GARBAGE 1,876 2,000 2,100 25%525 4590 REP-PUMPS/WELLS 8,322 26,000 15,000 100%15,000 4600 REP-BUILDING/GROUNDS 4,202 3,200 3,500 80%2,800 4601 REP-WATER TANK BUILDING 5,462 500 500 100%500 4610 REP-EQUIPMENT 44,255 29,500 30,000 25%7,500 4624 REP-PARTS AND PIPE 41,925 21,000 22,000 72%15,840 4625 REP-LINES AND STREET 7,692 4,500 5,000 50%2,500 4626 FIRE HYDRANT & REPAIRS 8,023 21,000 18,000 0%0 4627 METER MAINTENANCE 46,085 290,000 80,000 0%0 4640 COMPUTER MAINT.26,296 27,500 28,000 0%0 4677 DEPRECIATION 767,376 800,000 870,000 72%626,400 13% 4679 BAD DEBT 0 500 500 0%0 4680 LIABILITY LOSS 5,500 2,500 2,500 25%625 4690 MISCELLANEOUS 0 0 0 50%0 TOTAL OPERATING COSTS 1,734,752 2,063,800 1,934,200 65%1,253,875 680,325 11% OTHER COSTS 4830 GIS OVERHEAD 62,039 61,400 67,800 0%0 4840 RIGHT-OF-WAY CHARGE 228,504 242,000 0 0%0 4850 SHOP EXPENSES 30,820 37,000 42,000 30%12,600 4860 ASSET SECURITY 257,904 269,900 0 72%0 4870 ASSET DISPOSAL 327,939 25,000 25,000 72%18,000 4872 CONTRIBUTED ASSETS 0 250,000 250,000 0%0 WATER RATE CALCULATION Effective:10/01/25 CITY OF REXBURG 2024 2025 2026 VOLUME VOLUME 2 Year 26434 ACTUAL FORECAST BUDGET RELATED RELATED CUSTOMER Percent ACCT # ACCT NAME EXPENSES EXPENSES EXPENSES SHARE COSTS COSTS Increase 4873 PRIN PAYMENTS-MAINT 0 75,400 76,800 72%55,296 4876 PRIN PMT-CAPACITY-reduced below 0 123,200 125,300 72%90,216 4890 GEN. OVERHEAD 431,208 468,600 485,200 50%242,600 4942 TRANSFER TO CAPITAL 0 0 0 0%0 6000 CONTINGENCY 0%*OPERATIONS 0 0 20,000 50%10,000 0% TOTAL OTHER FIXED COSTS 1,338,414 1,552,500 1,092,100 39%428,712 663,388 -18% GRAND TOTAL 4,315,322 4,932,400 4,455,500 46%2,039,887 2,415,613 3% 4,330,200 Less Other Revenues, Parts -151,000 -162,000 Less Transfer from Fund 34 for Principle on Loan for Capacity Projects -90,216 -35,084 -125,300 Less Principal Payment and Interest Payment for DEQ Loan-Not to be included in rate calculations 0 0 ok to include in rate now for FY26 forward Less Trnsfr to Capital-being paid with loan 0 Contributed Assets -250,000 Revenue Shift 0 0 NET BASE COSTS 1,798,671 1,968,529 2025 FORECAST REVENUE 1,759,200 2,110,000 2025 PER UNIT CHARGE 1.184 22.29 (000) GAL.EQ. METERS 2025 BILLED UNITS 1,485,811 7,888 CALCULATED COST PER THOUSAND GALLONS/EQUIVALENT METERS 1.211 20.80 Volume Rate Base Rate Old Rate 1.184 22.29 Increase %2.2%-6.7% Increase $$0.0266 ($1.49) 100%Staff Recommended Rate $1.211 $20.80 Cont Cap Other Volume Customer Total Total Revenue 250,000 438,300 1,798,671 1,968,955 4,455,926 100%1,798,671 1,968,955 Old Adopted Rate New Calculated Rate Staff Recomm- ended Rate Dollar Increase % Increase WATER (10 Th. GAL)27.03 25.64 25.64 -1.38 -5.1% WATER (20 Th. GAL)38.88 37.75 37.75 -1.13 -2.9% What caused the increases in rates? Expenses 2024 2026 % Change Personnel 1,242,156 1,429,200 15.06% Operations 1,734,752 1,934,200 11.50% Depreciation 767,376 870,000 13.37% Other Fixed Costs (Includes Depreciation)1,540,514 842,100 -45.34%Less Contributed assets and transfers to capital Forecast Forecast 2026 Water Reserve 9/30/2025 9/30/2026 Cap Projects Operating Reserves 5,534,406$ 2,449,306$ 4,194,800$ Capital Reserves 2,908,000$ 720,000$ 65,000$ Water Capital Construction -$ -$ $2,185,000 Total 8,442,406$ 3,169,306$ 6,444,800$ Staff Recommends increase in volume rate and decrease in base rate. We are now charging for the DEQ Loan Principle and Interest in Rate.