Loading...
HomeMy WebLinkAboutMinutes - Water Finance Subcommittee - 12/14/2020MINUTES ORO VALLEY WATER UTILITY COMMISSION FINANCE SUBCOMMITTEE REGULAR SESSION DECEMBER 14, 2020 ONLINE ZOOM MEETING            REGULAR SESSION AT OR AFTER 10:00 AM   CALL TO ORDER - Chair Marek called the meeting to order at 10:14 a.m.   ROLL CALL Present: Tom Marek, Chair Robert Milkey, Member Absent: Chuck Holligsworth, Member CALL TO AUDIENCE - No comments received.   REGULAR SESSION AGENDA   1.REVIEW AND APPROVAL OF THE NOVEMBER 30, 2020 MEETING MINUTES       Motion by Member Robert Milkey, seconded by Chair Tom Marek to approve the November 30th meeting minutes as written.  Vote: 2 - 0 Carried   2.REVIEW AND DISCUSSION REGARDING MAYOR AND COUNCIL WATER POLICY A-2a(3)      Water Utility Director Peter Abraham provided a presentation which included the following: - Mayor & Council Water Policy discussion outline - Water Policy A-2a(3) - Reclaimed allocation model input and percent calculation - Reclaimed cost allocation worksheet Discussion ensued amongst staff and the Commission regarding Item #2.   3.DISCUSSION REGARDING THE 2021 WATER RATES ANALYSIS - Water Utility Director Peter Abraham provided a presentation which included the following: - 2021 water rates analysis outline - Reclaimed rate & Groundwater Preservation Fee (GPF) analysis discussion for Scenario D - Recommendation on reclaimed rates and fees: - No change is recommended for the reclaimed water GPF - Water rate increase is recommended for reclaimed water commodity rate of $0.10 per 1,000 gallons - Scenario D pro forma - Scenario D operating revenues - pro forma 12/14/20 Minutes, Oro Valley Water Finance Subcommittee Regular Session 1 - Scenario D operating expenses - pro forma - Scenario D debt service, capital, ending cash balances pro forma - Scenario D recommendation on potable rates: - Recommended base rate increase of $0.73 per month for 87% of Utility customers - Increase in commodity rates are dependent on volume of water consumed - Regional rate comparisons for potable water - Scenario D Discussion ensued amongst staff and the Commission regarding Item #3. The Subcommittee members reached consensus that Scenario D should be recommended to the Water Utility Commission for approval.   FUTURE AGENDA ITEMS - No items discussed.   ADJOURNMENT    Motion by Member Robert Milkey, seconded by Chair Tom Marek to adjourn the meeting at 10:56 a.m.  Vote: 2 - 0 Carried     I hereby certify that the foregoing minutes are a true and correct copy of the minutes of the regular session of the Town of Oro Valley Water Finance Subcommittee of Oro Valley, Arizona held on the 14th day of December, 2020. I further certify that the meeting was duly called and held and that a quorum was present. Dated this 14th day of December, 2020. ___________________________ Danielle Tanner Senior Office Specialist 12/14/20 Minutes, Oro Valley Water Finance Subcommittee Regular Session 2