HomeMy WebLinkAboutMinutes - Water Finance Subcommittee - 1/10/2008 ACTION SUMMARY MINUTES
ORO VALLEY WATER UTILITY COMMISSION
FINANCE SUBCOMMITTEE MEETING
JANUARY 10, 2008
ORO VALLEY WATER UTILITY CONFERENCE ROOM
11000 N. LA CANADA DRIVE
ORO VALLEY,AZ
CALL TO ORDER at 5:30 p.m.
PRESENT: Winston Tustison
Elizabeth"Betty" Shapiro
Philip C. Saletta
Shirley Seng
ALSO PRESENT:
Doug McKee
Discussion of the following items, no legal action taken:
1. Rates Analysis Schedule
a. Review proposed schedule to implement new water rates
b. Discuss postponing a revised schedule for future years
2. Preliminary Discussion On Rates & Fees Increases
a. Review 3 funds comprising the Utility: Enterprise, AWRDIF & PWSDIF
b. Review rates/fees to be changed: water rates, meter fees & implement
fees for credit card processing
c. Review key elements of operations/maintenance costs
i. Tucson Electric Power rate increase
ii. Reduction in WIFA debt & debt service
iii. CAGRD costs & analysis
iv. Reduction in CAP capital charges for full allocation
v. Increase in reclaimed water costs—Tucson Water rate increase
vi. MOC —considerations: future facilities, rent, land, planning
vii. Include O&M costs to treat& deliver CAP water
3. Groundwater Preservation Fee
a. Review basis for implementing GPF
b. Review timing for increasing the GPF
4. Reporting for the Alternative Water Resources Development Impact Fees
a. Review the existing AWRDIF & authorized increases
b. Review the Annual Report on Impact Fees required by State Statute
c. Discuss the annual reporting process requested by Town Council on
growth projections vs. actual growth experienced and the impact on
revenue from impact fees.
Prepared by: Shirley Seng, Water Utility Administrator