HomeMy WebLinkAboutMinutes - Water Finance Subcommittee - 8/26/2008 ACTION SUMMARY MINUTES
ORO VALLEY WATER UTILITY COMMISSION
FINANCE SUBCOMMITTEE MEETING
AUGUST 26,2008
ORO VALLEY WATER UTILITY CONFERENCE ROOM
11000 N. LA CANADA DRIVE
ORO VALLEY,AZ
CALL TO ORDER at 5:45 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 a summary of 18 different financial scenarios and the related
water rate increases and water rate designs
b. Discussed 3 scenarios in detail (scenarios J, R& S)
c. Reviewed financial impact to customers for different scenarios
d. Discussed impact to large water users in general
e. Discussed concept of water conservation credits/charges
f. Discussed Water Rates Report
-New scenarios to be included as addendum to original report
Adjourned at 7:08 p.m.
Prepared by: Shirley Seng, Water Utility Administrator