The purpose of this presentation is to discuss the final draft of the 2024 Water and Wastewater Revenue Sufficiency Analysis and Rate Design Study conducted by Stantec Consulting Services Incorporated. The scope of services in the analysis includes an update to the multi-year projection of utility system costs and revenues to determine the financial sustainability of the utility and identify recommended rate revenue adjustments. The allocation of all water and wastewater utility costs to services as it relates to the rate structure and calculation of retail rates based upon the referenced allocation.
Ms. Danica Katz, Mr. Patrick Luce, and Nish Patel with Stantec Consulting Services are present to present the 2024 Water and Wastewater Revenue Sufficiency Analysis and Rate Design Study.