HomeMy WebLinkAboutMinutes - Water Finance Subcommittee - 5/6/2008 ACTION SUMMARY MINUTES
ORO VALLEY WATER UTILITY COMMISSION
FINANCE SUBCOMMITTEE MEETING
MAY 6,2008
ORO VALLEY WATER UTILITY CONFERENCE ROOM
11000 N. LA CANADA DRIVE
ORO VALLEY,AZ
CALL TO ORDER at 5:32 p.m.
PRESENT: Winston Tustison, Chair, Finance Subcommittee
Elizabeth "Betty" Shapiro, Member, Finance Subcommittee
Philip C. Saletta, Water Utility Director
Shirley Seng, Water Utility Administrator
Discussion of the following items, no legal action taken:
1. Discussion on Water Rates Analysis
a. Reviewed Town Council concerns expressed at 4/16/08 Council meeting
b. Reviewed existing rate structure
c. Reviewed possible changes to rate structure & effects on customers
d. Discussed possible solutions to Council concerns
i. Additional tiers in rate structure
ii. Modify the range in existing structure
iii. Increase the rates charged for each structure
iv. Modify the base rate
v. Adding tiers to the groundwater preservation fees (GPF)
vi. Lower increases in future years for the GPF
e. Discussed presenting new information to Council at study session in June
f. Consensus to perform comprehensive analysis on water rates returning to
Council in August/September for a Notice of Intent
2. Update on Alternative Water Resources Development Impact Fees
a. Reviewed Senate Bill 1406 &what it means to Utility
b. Reviewed schedule to increase AWRDIF to full amount rather than 5 year
phase-in of adopted fees
Adjourned at 7:25 p.m.
Prepared by: Shirley Seng, Water Utility Administrator