HomeMy WebLinkAboutMinutes - Water Finance Subcommittee - 9/21/2009 ACTION SUMMARY MINUTES
ORO VALLEY WATER UTILITY COMMISSION
FINANCE SUBCOMMITTEE MEETING
SEPTEMBER 21, 2009
ORO VALLEY WATER UTILITY CONFERENCE ROOM
11000 N. LA CANADA DRIVE
ORO VALLEY, AZ
CALL TO ORDER at 5:40 p.m.
PRESENT: Winston Tustison, Chair, Finance Subcommittee
Elizabeth Shapiro, Member, Finance Subcommittee
Philip C. Saletta, Water Utility Director
Shirley Seng, Water Utility Administrator
Stacey Lemos, Finance Director
Discussion of the following items, no legal action taken:
1. Discussion Regarding Water Rates Analysis
a. Discussion on future growth rates and projected population
b. Discussion on the need to deliver CAP water as soon as possible
i. CAP water needed for existing customers and for future customers
ii. Consider interim agreement with Tucson Water for delivery of CAP water
c. Discussion on timing of delivery of CAP water to Town
d. Discussion on proposed water rates schedule
i. Study Session with Council moved from 9/30/09 to10/14/09
e. Discussion of Scenario A-2
i. Revise scenario with regard to GPF, change from $0.65 to $0.75
ii. Revised scenario will become Scenario A-3
f. Discussion of Scenario C-1
i. No revisions necessary
g. Discussion of Service Fees & Charges
i. New service establishment fees
ii. Reconnection fees
iii. Backflow permit fees
iv. Security deposits
h. Consensus regarding Preferred & Alternate Financial Scenarios
i. Preferred Financial Scenario to be A-3
ii. Alternate Financial Scenario to be C-1
Adjourned at 7:12 p.m.
Prepared by: Shirley Seng, Water Utility Administrator