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File #: 16-0470    Version: 1 Name: 4/18/16 Ord Chapter 29 Amendments 2.63, 62.64 and 2.69
Type: Ordinance Status: Passed
File created: 4/18/2016 In control: City Council
On agenda: 5/16/2016 Final action: 5/16/2016
Enactment date: 4/18/2016 Enactment #: ORD-16-07
Title: An Ordinance to Amend Sections 2:63, 2:64, and 2:69 of Chapter 29 (Increase Water, Sewer, and Stormwater Rates) of Title II of the Code of the City of Ann Arbor (Ordinance No. ORD-16-07)
Attachments: 1. 16-07 Increase Water Rates Ordinance Briefed and Approved.pdf, 2. 16-07 Chapter 29 Ordinance Changes Briefed.pdf, 3. Chapter 29 Ordinance Changes, 4. 16-07 Ordinance Approval Notice.pdf
Title
An Ordinance to Amend Sections 2:63, 2:64, and 2:69 of Chapter 29 (Increase Water, Sewer, and Stormwater Rates) of Title II of the Code of the City of Ann Arbor (Ordinance No. ORD-16-07)
Memomorandum
Your approval is requested to amend Sections 2:63, 2:64, and 2:69 of Chapter 29 of Title II of the Code of the City of Ann Arbor to adjust water, sewer, and stormwater rates due to, debt service coverage, operating and maintenance costs, and capital improvement requirements in all three systems. The amendments will provide revenue increases of 5.5% in water, 6.0% in sewer and 6.50% in stormwater.

The recommended rate changes in water, sewer, and stormwater are projected to increase revenues in water, sewer, and stormwater by $1,144,156.00, $1,353,290.00, and $429,566.00 respectively. This rate increase is needed to maintain, debt service coverage, operating and maintenance costs, and to maintain funding for capital improvement requirements. The impact of these increases on the average single family customer is $7.52 per quarter or $30.10 per year, a net increase of 5.0%, if consumption is unchanged from last year.

For comparison purposes a typical single family bill is calculated with 17 units per quarter, is in the second tier for stormwater and receives the 10% discount for payment on or before the due date.

This ordinance is recommended to take effect ten (10) days after legal publication or on July 1, 2016, whichever is later.
Staff
Prepared by: Marti Praschan, Financial Manager
Reviewed by: Craig Hupy, Public Services Administrator
Approved by: Tom Crawford, Interim City Administrator
Body
ORDINANCE NO. ORD-16-07


First Reading: April 18, 2016 Approved: May 16, 2016
Public Hearing: May 2, 2016 Published: May 19, 2016
Effective: July 1, 2016

WATER, SEWER AND STORMWATER RATES

AN ORDINANCE TO AMEND SECTIONS 2:63, 2:64, AND 2:69 OF CHAPTER 29 (Water, Sewer and Stormwater Rates) OF TITLE II OF TH...

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