HomeMy Public PortalAboutResolution No. 23-140 Accepting the proposal of Raftelis Financial for Water, Wastewater and Stormwater Rate StudySponsored By: Interim City Manager
RESOLUTION NO. 23-140
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF OPA-
LOCKA, FLORIDA, ACCEPTING THE PROPOSAL OF RAFTELIS
FINANCIAL CONSULTANTS, INC. FOR WATER, WASTEWATER,
AND STORMWATER RATE STUDY SERVICES, PURSUANT TO RFP
NO. 23-0627200 AND FURTHER AUTHORIZING THE INTERIM CITY
MANAGER TO ENTER INTO AN AGREEMENT WITH RAFTELIS
FINANCIAL CONSULTANTS, INC. FOR SAID SERVICES, IN AN
AMOUNT NOT TO EXCEED FIFTY-NINE THOUSAND, THREE
HUNDRED SIXTY DOLLARS ($59,360.00); PROVIDING FOR
ADOPTION OF REPRESENTATIONS; PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, on May 28, 2023, the City of Opa-Locka ("City") published Request for
Proposals (RFP) No. 23-0627200 to obtain consulting services for a Water, Wastewater,
and Stormwater Rate Study for the City; and
WHEREAS, one (1) sealed proposal was received by the City Clerk's Office and
certified by the City Clerk on July 7, 2023; and
WHEREAS, Raftelis Financial Consultants, Inc. helps local governments and
utilities thrive by providing management consulting expertise to help transform local
governments and utilities. They have helped more than 600 organizations in the last
year. They work in all areas of management consulting including finance, assessment,
communications, technology, executive recruitment, and strategic planning; and
WHEREAS, the City Commission finds that acceptance of Raftelis Financial
Consultants, Inc.'s proposal to conduct a Water, Wastewater, and Stormwater Rate
Study for the City and entering into an agreement with said company is in the best
interest of the City of Opa-Locka and its residents.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF
THE CITY OF OPA- LOCKA, FLORIDA:
SECTION 1. The recitals to the preamble herein are incorporated by reference.
SECTION 2. The City Commission of the City of Opa-Locka, Florida hereby accepts
the proposal of Raftelis Financial Consultants, Inc. relating to Request for Proposals (RFP)
23-0627200, to conduct a Water, Wastewater, and Stormwater Rate Study for the City, and
authorizes the City Manager to enter into an agreement for same, attached hereto as Exhibit
"A", in an amount not to exceed Fifty -Nine Thousand Three Hundred Sixty Dollars
($59,360.00).
Resolution No. 23-140
J;. nna Flores, City Clerk
SECTION 3. Sections of this Resolution may be renumbered or re -lettered and
corrections of typographical errors which do not affect the intent may be authorized by
the City Manager following review by the City Attorney and without need of public
hearing, by filing a corrected copy of same with the City.
SECTION 4. This Resolution shall take effect upon adoption and is subject to the
approval of the Governor or Governor's Designee.
PASSED and ADOPTED this 13th day of September, 2
John H. ( or Jr., Mayor
TTEST:
APPROVED AS TO FORM AND
LEGAL SUFFICIENCY:
adette orris -Weeks, P.A.
City Attor ey
Moved by: Commissioner Kelley
Seconded by: Commissioner Williams
VOTE:
5-0
Commissioner Bass YES
Commissioner Kelley YES
Commissioner Williams YES
Vice Mayor Ervin YES
Mayor Taylor YES
2
City of Opa-locka
Agenda Cover Memo
Department
Director:
Department Director
Signature:
City Manager:
Darvin Williams
CM Signature:
-_
Commission
Meeting Date:
Item Type:
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Ordinance
Other
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Fiscal Intipact:
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Ordinance Reading:
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1St Reading I
2nd Reading
I
X
Public Hearing:
(EnterXinbox)
Yes
No
Yes
No
X
X
)
Funding Source:
Account# :
(Enter Fund &
Dept)
Ex:
See Financial
Impact
Section
Advertising Requirement:
(EnterX in box)
Yes
i No
X
Contract/P.O.
Required:
(EnterX in box)
Yes
No
RFP/RFQ/Bid#:
X
Strategic Plan
Related
(Enter X in box)
Yes
No
Strategic Plan Priority
Enhance Organizational
Bus. & Economic
Public Safety
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Communication
Area:
in
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item will address)
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Sponsor Name
City Manager
Department:
City Manager
Short Title:
A resolution authorizing the Interim City Manager to accept the proposal of Raftelis Financial Consultants, Inc.
for a Water, Wastewater, and Stormwater Rate Study pursuant to RFP No. 23-0627200 and further authorizing
the Interim City Manager to enter into an agreement with Raftelis Financial Consultants, Inc. for said services.
Staff Summary:
Request for Proposals (RFP) 23-0627200 was published on May 28, 2023, for a Water, Wastewater, and
Stormwater Rate Study.
One (1) company submitted a proposal document which was certified by the City Clerk on July 07, 2023.
Raftelis Financial Consultants, Inc. helps local governments and utilities thrive by providing management
consulting expertise to help transform local governments and utilities. They have helped more than 600
organizations in the last year. They work in all areas of management consulting including finance, assessment,
communications, technology, executive recruitment, and strategic planning.
Financial Impact: The proposal is for $59,360 and will be funded as follows:
Account
Description
Available
Project
Remaining
Balance
64-533312
Other Professional Services
$36,155
$22,500
$13,655
35-535312
Other Professional Services
$82,355
$22,500
$59,855
43-538312
Other Professional Services
$21,912*
$14,360
1
$7,552
Total ;
$59,360
1
* Stormwater Other Professional Services will be recommended to be increased by $10,000 to $21,912 in
Budget Amendment #5.
1
Proposed Action:
Staff recommends the City Commission approve the recommendation for Raftelis Financial Consultants, Inc.
and authorize the Interim City Manager to enter into an agreement with said company.
Attachment:
RFP No. 23-0627200
Bid Certification
Bid Proposal
CITY OF OPA-LOCKA
CERTIFICATION
REQUEST FOR PROPOSAL
RFP NO. 23-0627200
WATER, WASTEWATER, AND STORMWATER RATE STUDY
I, Joanna Flores, City Clerk of the City of Opa-locka, Florida, do hereby certify that sealed
proposal(s) were received and opened at the Opa-locka Municipal Complex, 780 Fisherman
Street, 46 Floor, Opa-locka, Florida, at 2:16 p.m. this 7th day of July, 2023.
PROPOSAL(S) RECEIVED
NAME/ADDRESS
Raftelis Financial Consultants Inc.
341 N. Maitland Avenue, Suite 300
Maitland, FL 32751
Contact: Tony Hairston, Vice President
Tele: 407.960.1811
Email: ahairstonAraftelis.com
LUMP SUM PRICE
$59,360.00
I further certify that proposal(s) were submitted and properly opened in the presence of the
following:
Junin Bergel
Pur asing
City of Opa-locka
Joanna Flores, CMC
City Clerk
City of Opa-locka
Tiffaiaiy "ba7 las`
Project Coordinator
Opa-locka CRA
RAFTELOS
City of Opa-locka
Water, Wastewater, and Stormwater Rate Study
COPY / RFP NO: 23-0627200 / JULY 7, 2023
CONTACT PERSON: TONY HAIRSTON
341 N. MAITLAND AVENUE, SUITE 300, MAITLAND, FL 32751
PHONE: 407.960.1811 / EMAIL: AHAIRSTON@RAFTELIS.COM
RAFTEL S
July 7, 2023
Office of the City Clerk
City of Opa-locka, 780 Fisherman Street, 4th Floor, Opa-locka, FL 33054
Subject: Proposal for Water, Wastewater, and Stormwater Rate Study (RFP NO: 23-06207200)
Dear Members of the Selection Committee:
Raftelis is pleased to submit this proposal to assist the City of Opa-locka (City) with a water, wastewater, and
stormwater utility rate study. We appreciate the opportunity to submit this proposal, which details our project
approach to meet the City's objectives as well as our qualifications and experience within the water, wastewater,
and stormwater utility industry. We believe that our unique combination of qualifications within the utility industry,
resources, and experience on previous rate studies for similar projects and communities throughout Florida and the
nation will provide the highest level of professional service and benefit to the City and its customers.
Raftelis was established in 1993 to provide financial, rate, and management consulting services of the highest
quality to water and wastewater utilities. Since that time, Raftelis has grown to have the largest water and
wastewater utility rate and financial consulting practice in the country, with more than 150 consultants. Our staff
has provided rate and/or financial planning assistance to over 1,000 utilities across the United States and have
conducted thousands of studies. Our mission has always been focused on assisting our clients in meeting their goals
of financial viability.
To assist the City with this project, we have assembled a team with extensive experience and a reputation for quality
service. Tony Hairston will serve as Project Director and will be available to provide insights into various cost of
service and rate -setting matters, as well as ensuring overall project accountability. Tony has 25 years of industry
experience managing a variety of projects to assist water, wastewater, and stormwater utilities in addressing
economic and financial issues. Joe Williams will serve as Project Manager and will manage the day-to-day aspects
of the project ensuring it is within budget, on schedule, and effectively meets the City's objectives. Joe has more
than 11 years of experience providing utility rate and financial consulting services to public utilities throughout the
southeastern U.S. Joe will lead the consulting staff in conducting analyses and preparing deliverables for the project.
He will serve as the City's main point of contact for the project. We are also including two additional resources —
Henry Thomas and Thierry Boveri (technical advisors), each of whom bring tremendous industry experience at over
40 years and nearly 20 years, respectively. Based on our experience, we understand the constraints that small
municipal utility systems are facing, and we have extensive experience assisting our clients to address their utility
rate and financial needs.
The proposed project team is located in Maitland, FL and have successfully managed numerous similar projects for
other cities located in the Counties of Miami -Dade, Broward, and Monroe including:
• Water and wastewater rate studies
• Impact fee studies
• Utility assessment programs
• Policies, procedures, and large user agreements
• Stormwater rate studies
341 N. Maitland Avenue, Suite 300, Maitland, FL 32751 1 www.raftelis.com
• Capital financing programs
• Periodic financial forecast updates
• Financial feasibility of utility master plans
Raftelis provides a full range of financial, rate, and management consulting services to publicly -owned utilities and
local governments. Our clients include water, wastewater, electric, gas, stormwater, and solid waste utility systems.
We offer cost-effective, innovative business solutions based on industry -recognized best management practices and
high -quality and responsive service resulting in a level of value that has been consistently recognized by our clients.
Raftelis has been a leader in assisting utility systems in developing utility business plans and rate studies to achieve
financial, operational, and service delivery objectives since our inception.
Our approach to addressing the City's utility rate consulting scope of work will be facilitated by the use of a
comprehensive and customized utility rate and financial planning model. We will design a customized Excel based
model that will specifically accommodate the City's existing budgetary process and the data that is readily available
from the City's customer billing systems and its financial and operating reports. This rate and financial model serves
as an excellent tool to support decision making and communicate the sensitivity of key variables; however, our
added value is our client focus, dedicated employees, industry insight, and experience that allows us to develop
innovative business solutions based on shared experience from our significant client base and our industry
leadership role. The model helps communicate the issues and simplify the understanding of dynamic financial
relationships among customer demand, operations, capital, management, and policy decisions and how these key
variables affect rate requirements.
We strongly believe our team would successfully complete the study and provide significant value to the City of
Opa-locka for several reasons, including:
• Breadth of experience — We have conducted thousands of financial projects for more than 1,000 utilities
across the country, many of them similar to this study.
• Knowledge of your water and sewer systems — Our team has worked with many utilities in Florida and is
knowledgeable of the challenges currently being faced. Our Project Director has been in the utility industry
in Florida for 25 years.
• Proximity — Our team members are located nearby in Maitland, FL and are intimately aware of the
concerns facing Florida utilities.
• Depth of resources — No firm that specializes in financial consulting for the water, wastewater, and
stormwater industry has the staff resources we have.
• Drive to succeed — Our project team will be focused on not only meeting, but exceeding, the City's
expectations.
If you have any questions, please do not hesitate to contact me using the following contact information:
Tony Hairston (corporate officer authorized to represent the firm)
Phone: 407.960.1811 / Email: ahairston@raftelis.com
Sincerely,
Tony Hairston, Vice President
Joe Williams, Senior Manager
341 N. Maitland Avenue, Suite 300, Maitland, FL 32751 1 www.raftelis.com
Table of
Contents
Diversity and inclusion
are an integral part of
Raftelis' core values. Part A 1
We are committed to doing our part to fight Part B 8
prejudice, racism, and discrimination by
becoming more informed, disengaging with Part C 10
business partners that do not share this
commitment, and encouraging our p a rt D 17
employees to use their skills to work toward
a more just society that has no barriers to
opportunity. Part E 18
Part F 19
REGISTERED Part G 20
III MUNICIPAL Part H 51
ADVISOR
Raftelis is registered Appendix: Sample Report 65
with the U.S. Securities
and Exchange
Commission (SEC) and
the Municipal Securities
Rulemaking Board
(MSRB) as a Municipal
Advisor.
Registration as a Municipal Advisor is a
requirement under the Dodd -Frank Wall
Street Reform and Consumer Protection
Act. All firms that provide financial forecasts
that include assumptions about the size,
timing, and terms for possible future debt
issues, as well as debt issuance support
services for specific proposed bond issues,
including bond feasibility studies and
coverage forecasts, must be registered with
the SEC and MSRB to legally provide
financial opinions and advice. Raftelis'
registration as a Municipal Advisor means
our clients can be confident that Raftelis is
fully qualified and capable of providing
financial advice related to all aspects of
financial planning in compliance with the
applicable regulations of the SEC and the
MSRB.
This page was intentionally left blank to facilitate two-sided printing
RAFTELIS 1
PART A
Project Understanding
Pursuant to the RFP, it is our understanding that the City desires a comprehensive review of the water, wastewater,
and stormwater revenue generation mechanisms, a five to 10 -year financial management plan, and a dynamic user-
friendly computer model providing City staff with budgeting requirements based on forecasted utility, customer, and
financial activity inputs. The results of the study process will be documented in a report containing discussions,
tables, schedules, findings and conclusions. The report will include recommendations based on our analysis and will
reflect comments from the City during the study. Additionally, the Excel based rate model will be developed with
the intent of turning it over to the City at the end of the project for future use.
The model and report will help demonstrate alternative approaches to adjusting rates to meet future cash flow
requirements. The operating statements, including debt service coverage ratios, will be incorporated into the model
in easy to extract/print formats for the City's use. These forecasts will include all existing and any future anticipated
debt service requirements. Additionally, rate alternatives will be identified based on an array of input assumptions
including customer growth, capital funding amount and approach (pay-as-you-go versus debt), targeted fund
balances levels, budget escalation factors, and others. The City also desired to review potential rate structure
changes, to enhance fixed revenue recovery and or promote conservation, which will be developed and presented
alongside customer bill impacts under each scenario.
Project Approach
The proposed project approach involves multiple interrelated work efforts requiring effective coordination between
City staff and Raftelis. Our management approach stresses communication, teamwork, objectivity, and
accountability for meeting the City's project objectives. The approach specifies general administrative duties that
include client correspondence, project documentation, and administration of the study plan. The project
management task will provide consistent, ongoing project supervision so that all deadlines and objectives are met in
a timely and efficient manner. We believe in a no -surprises approach to project management, keeping the client
aware of the status of the project at all times. Our project management approach includes the following elements:
• An experienced Project Manager who will be responsible and accountable for meeting project obligations
• Ample resources to ensure timely completion
• Regular and clear communication between Raftelis and City staff
• Client involvement
Raftelis' overall project approach has been honed through years of experience to lead quickly and efficiently to the
final results. We follow industry -standard methodology applied specifically to the City's unique characteristics to
ensure fair and equitable rates that are defensible. Our approach is characterized by the following elements:
• Regular communication and the development of strong working relationships with staff to ensure the City
will be continually informed of all technical issues, project progress, and any upcoming milestones
• Consistent and competent project management to control budget and schedule
• Consideration of a detailed financial plan to ensure financial stability and revenue requirements sufficiency
for both operational and capital needs
• Consideration and delivery of the updated user-friendly financial management model including features,
such as scenario analysis and dashboard functionality
RAFTELIS 2
• Water and wastewater rate structure review/update and customer impact analysis
• Update of stormwater rate level to meet all revenue requirement and capital needs
• Effective presentations to policy makers and the public to ensure clear understanding
• Accomplishing these objectives will help to ensure that the project progresses as smoothly as possible.
The first element of the study is to develop a detailed financial forecast of future revenue requirements using a
model that will be developed specifically for the City. This model will project revenues, expenses, coverage ratios,
and fund balances for a five to 10 -year period. Key inputs to the model include the operating revenues, budgets,
demand data, water and wastewater purchases, existing debt service, and capital requirements.
The following tasks and subtasks are designed to specifically address the salient items within the Scope of Services
contained in the RFP. Since many of the items within the Scope of Services overlap and will be reviewed and
analyzed concurrently, we have prepared the following task descriptions to minimize duplication of discussions.
Task 1: Project Initiation and Management
The initial project meeting provides a solid foundation for the project and serves as a forum in which City staff can
provide input on the project's approach, work plan, schedule, and priorities. A successful meeting will ensure that
project participants are in mutual agreement as to the project's goals and expectations and are fully aware of project
issues beforehand. The goals for this meeting include:
• Providing a forum to finalize the scope of the project, work plan, and schedule with City staff
• Discussing the City's preliminary pricing objectives
• Ensuring that we have an understanding of the overall goals of the study
• Providing an opportunity for City staff to meet and become comfortable with the project staff from Raftelis
• Reviewing the data needs for the project
Prior to the kick-off meeting, we will prepare a detailed data request list that will identify the information needed to
complete the various analyses. Information that is typically required to perform a comprehensive study includes the
following:
• Recent Annual Comprehensive Financial Reports (ACFR)
• Recent and current utility budgets
• Current and historical billing data
• Utility plant in service records
• Debt service schedules and agreements
• Water, wastewater, and stormwater master plans
• Long-term capital improvement plan
• Financial policies for the Utility
• Historical water and wastewater purchase statistics
• Year-to-date financial / operating information
• Future staffing requirements
• Utility cash and investment balances
Some of this information will be readily available, whereas other components may require more detailed analyses of
operational data, customer billing information, and costs. We will also prepare a comparison of the City's existing
utility rates to comparable peers as a basis for discussion during the kick-off meeting to review the City's existing
RAFTELIS 3
rates and determine if additional types of fees may be appropriate to be analyzed and considered for use by the
City's utilities.
Data Collection and Review
As part of this task, we will conduct interviews with City staff to obtain a thorough understanding of the financial,
operational, regulatory, master planning, and political environments. Existing rate policies and ordinances will be
reviewed for consistency with current and possible future fees. Key issues, areas of concern, and pricing objectives
will be reviewed and discussed. Historical information will be reviewed related to costs, customers, usage, demand
patterns, capital spending, plant in service, and revenues generated to provide a better understanding of recent
changes in operating characteristics and to develop appropriate trends and growth factors for creating financial
forecasts. Other information reviewed will include regulatory requirements, bond covenants, contractual
requirements, and capital plans for each utility. During the data collection and review, we will begin to identify
assumptions used to allocate and project costs that will be integrated into our model. As these assumptions are
identified, City staff will have an opportunity to review our findings to ensure that the assumptions make sense with
regard to each of the City's utility systems.
Project Management
In order to successfully complete the project, Raftelis will be in constant communication with City staff regarding
data requests, data validation, data decisions, and reviewing preliminary and final results. Much of this can be
accomplished through conference calls, emails, and demonstrations using tools such as Microsoft Teams or Zoom.
These efforts provide for consistent and competent project management to ensure that all deadlines and objectives
are met in a timely and efficient manner. We believe in a no -surprises approach so that the City is always aware of
the project status.
PLANNED MEETINGS:
• Kick-off meeting in Opa-locka
DELIVERABLES:
• Data request list
• Agenda for kick-off meeting
• Documentation summarizing the kick-off meeting
Task 2: Consumption and Current Revenue Analysis
Projecting future demand and developing realistic consumption estimates is one of the single most difficult tasks
that a utility faces each year. The reason for this is that there are several unforeseeable factors that can affect
consumption. A particularly rainy or dry season, unforeseen population growth or decline, and commercial
customers moving in and out of City's service area or not returning after the current pandemic can and will have a
dramatic effect on consumption. However, projecting consumption is also one of the most important tasks that a
utility faces. These projections directly affect user rates, which, in turn, determine how much cash a utility will
collect. If a utility overestimates consumption, then rates will be too low leading to revenue under recovery, a
deficit, and decreasing fund balances. Yet, if a utility underestimates consumption, then revenue over recovery
occurs and this can be met with public scrutiny because of unjustly high rates.
Comprehensive operation and customer billing information will be collected to classify customers and project user
demand over the planning period. We will study available historical consumption of the City's different customer
types in order to arrive at a corresponding usage and growth rate for each type. As a result of these analyses, Raftelis
RAFTELIS 4
will be able to develop projections of consumption for the forecast period under various scenarios, resulting in an
optimistic projection, pessimistic projection, and most likely projection. Raftelis will also examine the City's current
customer classifications and identify any changes that may be necessary to make them more consistent with current
industry practices and standards. Raftelis will then calculate the revenues under current rates at projected
consumption levels (optimistic, pessimistic, and most likely) to understand the potential revenues realizable. We
will then compare these revenues to the revenue requirements forecast in the financial plan developed in Task 3 to
understand the magnitude of the potential shortfall under the current rates.
PLANNED MEETINGS:
• Web -based meeting to review draft consumption projections
DELIVERABLES:
• Forecast of consumption and revenues under existing rates over multi -year forecast period
Task 3: Development of Financial Plans
An important element in conducting a comprehensive rate study is to establish comprehensive short- and long-term
financial plans for the City's utilities. In preparing these plans, we will analyze the City's current policies and
practices for funding its operations, capital facilities plans, and debt service requirements. As appropriate, and as
discussed with City staff, we will consider various financing options, or a combination of options, such as operating
revenue, new debt issuances, and miscellaneous fees.
We will assist the City in achieving a suitable balance among the financing options when developing the proposed
financial plans, which will accomplish the following:
• Ensure financial sufficiency to meet operating and capital costs as well as prudent reserves
• Meet the City's service policies and objectives
• Fairly distribute financing responsibility to appropriate users
• Result in an appropriate capital structure so that the City maintains a high rating with bond rating agencies
Maintaining detailed financial plans will ensure that City's utilities are operating in a revenue self-sufficient manner
and meet debt covenant requirements. We will develop separate financial plans for the water, wastewater, and
stormwater utilities to understand if any of the utilities may be subsidized by the others.
The financial plans for each utility will include a capital improvement financing component that ensures each utility
can fully finance the City's proposed capital improvement program while minimizing impacts to existing ratepayers
and complying with existing revenue bond covenants.
Review and Evaluate Current Financial Information and Recommend Financial Policies
and Programs
As part of this task, Raftelis will evaluate the City's operating and capital reserve requirements as well as financial
and rate policies and recommend appropriate changes to the existing policies that will allow the utilities to most
effectively meet their financial goals. These financial policy requirements will include identifying appropriate target
reserve levels for the operating and capital programs; when these reserves can be used; infrastructure replacement
funding from operations; debt funding of Capital Improvement Program (CIP), if needed; review of the level of
transfers to the general fund; and debt service coverage designed to allow the City to meet its financial objectives
and goals while achieving improved rate stability and revenue sufficiency. Raftelis will also provide
RAFTELIS 5
recommendations on how the City may wish to fund operating and maintenance (O&M) expenses that do not occur
annually, such as tank painting and meter replacement.
Develop Revenue Requirements
This task will include the projection of budget items, such as annual costs related to labor, power, materials, capital
expenditures, plant investment, O&M expenses, transfers, reserve contributions, debt service coverage, and
wholesale purchases for water and sewer treatment based on known and estimated future rate adjustments as well as
any capital improvements that may reduce certain key factors such as I&I.
We will develop forecasts of revenue requirements over the multi -year planning period. Revenue requirements will
be projected over the rate -setting period based on historical results, the current budget, capital improvement plans,
master planning studies, existing debt service, other obligations, and current economic trends. We will examine the
effect of variations in factors that impact the utility's revenue requirements and provide comparisons of potential
revenue requirement scenarios for review with the City to identify the most appropriate revenue requirements for
proposed rates. Projecting revenue adjustments over a multi -year planning horizon can illustrate future rate impacts
and potential challenges to the City's financial situation. This will allow the City to adjust its expenses, transfers,
and reserve balances or schedule capital projects to smooth rate impacts and maintain financial stability.
Develop Multi -year Cash Flow Analysis and Recommend Reserve Balances
We will develop a multi -year cash flow analysis (five to 10 -years) to determine the revenue adjustments needed to
meet projected revenue requirements for the multi -year planning period while minimizing sharp rate fluctuations.
The cash flow worksheet incorporates revenues generated from different sources, expenses needed to maintain the
utility systems, any transfers in and out of the enterprise funds, as well as the coverage needed to meet current and
proposed debt service requirements. We will also review the reserve policies to recommend appropriate reserve
balances consistent with industry standards and the City's desire to appropriately address risk associated with
various factors, including emergency expenditures or revenue shortfalls.
PLANNED MEETINGS:
• Web -based meeting to review multi -year financial plans
DELIVERABLES:
• Multi -year financial plans for each utility
Task 4: Cost -of -service Analysis and Rate Calculation
This task includes a cost -of -service analysis to ensure reasonable cost recovery among the customer classes,
equivalent connections, and usage levels. Based on the outcome of Tasks 2 and 3, along with related discussions
with City staff and policy directives, alternatives to the existing rate structure will be developed to include a review
of the level of revenue generated from the fixed/variable rate components, the affordability for customers
conserving water (including a possible "lifeline" rate for low users), upper tier rate levels to promote conservation to
preserve the City's capacity allotment related to the wholesale/large user purchase agreements, and other factors
that become apparent through discussions and analysis. Additionally, legal restrictions, industry and local utility
trends, and guidelines from industry associations such as American Water Works Association (AWWA) and Water
Environment Federation (WEF) will be taken into consideration when designing alternative rate structures. These
rates will be designed to recover all necessary revenue requirements as prepared throughout Task 3.
RAFTELIS 6
The cost -of -service analysis will provide the framework for any rate design modifications along with any pricing
objectives that might be identified during the project kick-off meeting. Preliminary rate designs will be provided and
compared to the existing rate structure. Comparisons with other nearby and similar utility providers will also be
prepared. The project team will meet with the City to review the preliminary rate designs concurrent with a meeting
to review the projected revenue requirements in the previous task. During these meetings, staff will have an
opportunity to review and discuss preliminary analysis prior to finalizing.
Comparison of Costs by Customer Class
Based on the rate structures identified in this task, we will develop a comparison of the cost of service to rate
recovery under the new rates as well as existing rates. This will allow the City to understand any inequities in the
existing rate structure as well as how any proposed changes to the rate structure addresses those inequities.
PLANNED MEETINGS:
• Web -based meeting with City staff to review costs by customer classes and resulting rates
DELIVERABLES:
• Costs by customer classes as well as preliminary and final rate recommendations
Task 5: Rate Model Development
At the heart of any successful cost -of -service and rate study is the computer model that is used to develop revenue
requirements; perform cost functionalization, classification, and allocation; and calculate rates. The model must be
sophisticated enough to perform the complex calculations involved in a comprehensive cost -of -service and rate
analysis and yet still be simple enough to allow for future updates by City staff.
The model will incorporate the rate structures and rate calculation methodologies that are identified during Task 4.
During the course of the project, City staff will be provided with working copies of rate model drafts in Microsoft
Excel so that they will be able to provide input into the development of the model. Once the project is complete, the
City will be provided with a fully functioning copy of the model.
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Raftelis will develop a
customized financial model
that incorporates a
dashboard to allow you to
easily run scenarios and see
the impacts in real time.
Shown here is a sample
dashboard that we developed
for another project.
RAFTELIS 7
DELIVERABLES:
• Functional rate model for the City's future use and update
Task 6: Reports and Presentations
Rate Comparison
Raftelis will prepare a comparative analysis of the City's current and proposed water, wastewater, and stormwater
rates to comparable peer utilities. This comparison will be used in the reports and presentations of the findings of the
study to provide a frame of reference for stakeholders and decision makers. Additionally, comparisons will be made
on for certain financial metrics such as reserve fund levels, debt service coverage, net operating revenues, general
fund transfers, and others that will help demonstrate overall financial performance.
Draft Report
The draft report will document the rate development process, describe any recommended changes to the existing
rate structures and the reason for such changes, and present the results of the rate study. An electronic copy of the
draft report will be presented to City staff for their review and comment. Physical copies can be provided upon
request.
Final Report
Raftelis will incorporate the City staffs comments of the draft report into a final report. Upon finalization of the
report, the City will be provided an electronic copy of the report. Physical copies can be provided upon request. In
addition to the final report, the City will also be provided with electronic copies of the final rate model in Microsoft
Excel.
Presentations
We will prepare a PowerPoint presentation summarizing the rate study process, findings, and recommendations in
a clear and concise manner. We will provide a draft of this presentation to City staff for their review and comment
prior to delivering the final version.
Raftelis will also present our findings using this presentation and other outreach materials at a public hearing as well
as up to two additional public meetings at the City's direction.
PLANNED MEETINGS:
• Web -based meeting to review draft report with City staff
• Three on -site presentations as directed by the City
DELIVERABLES:
• Rate comparison
• Draft report
• Final report
• PowerPoint presentations
RAFTELIS 8
PART B
Who is Raftelis
HELPING LOCAL GOVERNMENTS AND UTILITIES THRIVE
Local government and utility leaders partner with Raftelis to transform their organizations by enhancing performance,
planning for the future, identifying top talent, improving their financial condition, and telling their story. We've helped
more than 600 organizations in the last year alone.
We believe that Raftelis is the right fit for this project. We provide several key factors
that will benefit the City and help to make this project a success.
RESOURCES & EXPERTISE: This project will require the resources necessary to effectively staff the project
and the skillsets to complete all of the required components. With more than 150 consultants, Raftelis has the
largest water -industry financial and management consulting practice in the nation, including many of the industry's
leading rate consultants and experts in key related areas, like stakeholder engagement and data analytics. Our depth
of resources will allow us to provide the City with the technical expertise necessary to meet your objectives.
DEFENSIBLE RECOMMENDATIONS: When your elected officials and customers are considering the validity
of recommended changes, they want to be confident that they were developed by experts using the latest
industry standard methodology. Our staff are involved in shaping industry standards by chairing committees
within the American Water Works Association (AWWA) and the Water Environment Federation (WEF) and co-
authoring many industry -standard books regarding utility finance and rate setting. Being so actively involved in the
industry will allow us to keep the City informed of emerging trends and issues and to be confident that our
recommendations are insightful and founded on sound industry principles. In addition, with Raftelis' registration as
a Municipal Advisor, you can be confident that we are fully qualified and capable of providing financial advice
related to all aspects of utility financial planning in compliance with federal regulations.
HISTORY OF SIMILAR SUCCESSES: An extensive track record of past similar work will help to avoid
potential pitfalls on this project and provide the know-how to bring it across the finish line. Raftelis staff has
assisted 1,000+ utilities throughout the U.S. with financial and rate consulting services with wide-ranging needs and
objectives. Our extensive experience will allow us to provide innovative and insightful recommendations to the City
and will provide validation for our proposed methodology ensuring that industry best practices are incorporated.
USER-FRIENDLY MODELING: A modeling tool that your staff can use for scenario analysis and financial
planning now and into the future will be key for the City going forward. Raftelis has developed some of the most
sophisticated yet user-friendly financial/rate models available in the industry. Our models are tools that allow us to
examine different policy options and cost allocations and their financial/customer impacts in real time. We offer
model options including Microsoft Excel -based and web -based tools that are developed with the expectation that
they will be used by the client as a financial planning tool long after the project is complete.
RATES THAT ARE ADOPTED: For the study to be a success, rates must be successfully approved and
implemented. Even the most comprehensive rate study is of little use if the recommendations are not approved
and implemented. Raftelis has assisted numerous agencies with getting proposed rates successfully adopted. We
focus on effectively communicating with elected officials about the financial consequences and rationale behind
recommendations to ensure stakeholder buy -in and successful rate adoption.
30
years
serving the
public sector
OUR TEAM INCLUDES
150
2 chairs
UC
16
RAFTELIS
How we stack up
consultants focused on
finance/management/communication/
technology for the public sector
members of
AWWA and WEF utility finance and
management committees and subcommittees
a Past President of AWWA
RAFTELIS HAS PROVIDED ASSISTANCE FOR
1500+ public agencies
, and utilities
that serve more than including the agencies serving
25 /0 of the
U.S. population
in the past year alone, we worked on
1,000
projects
for
38
of the nation's
50 largest cities
600+ agencies 46 states
9
RAFTELIS 10
PART C
Project Team
WE HAVE DEVELOPED A TEAM OF CONSULTANTS WHO SPECIALIZE
IN THE SPECIFIC ELEMENTS THAT WILL BE CRITICAL TO THE
SUCCESS OF THE CITY'S PROJECT.
Our team includes senior -level professionals to provide experienced project leadership with support from talented
consultant staff. This close-knit group has frequently collaborated on similar successful projects, providing the City
with confidence in our capabilities.
Here, we have included an organizational chart showing the structure of our project team. Provided in Part G, we
have included resumes for each of our team members as well as a description of their role on the project.
City of Opa-Iocka
PROJECT DIRECTOR
Tony Hairston
PROJECT MANAGER TECHNICAL ADVISORS
Joe Williams
ANALYSTS
Michelle Galvin (Lead)
TJ Speight (Support)
Tristen Townsend (Support)
Henry Thomas
Thierry Boveri
RAFTELIS 11
Experience
RAFTELIS HAS THE MOST EXPERIENCED UTILITY FINANCIAL AND
MANAGEMENT CONSULTING PRACTICE IN THE NATION.
Our staff has assisted more than 1,500 local government agencies and utilities across the U.S., including some of the
largest and most complex agencies in the nation. In the past year alone, Raftelis worked on more than 1,200
financial, organizational, and/or technology consulting projects for over 600 agencies in 46 states, the District of
Columbia, and Canada. Below, we have provided descriptions of projects that we have worked on that are similar
in scope to the City's project. We have included references for each of these clients and urge you to contact them to
better understand our capabilities and the quality of service that we provide.
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RAFTELIS HAS PROVIDED FINANCIAL/
ORGANIZATIONAL/TECHNOLOGY ASSISTANCE
TO UTILITIES SERVING MORE THAN
25% OF THE U.S. POPULATION.
City of Hallandale Beach FL
Reference: Geo Neste, Finance Director
400 South Federal Highway, Hallandale Beach, FL 33009 / P: 954.457.1371 /
E: gneste@hallandalebeachfl.gov
Raftelis, is currently providing ongoing financial assistance to the City of Hallandale Beach in the development of
water, wastewater, and stormwater utility rates. In 2022, Raftelis was retained by the City to conduct a
comprehensive water, wastewater, and stormwater rate study. This study included evaluation of the City's existing
rate structures and ability to fund the necessary capital improvement plan (CIP). The CIP was determined to require
issuance of additional bond funding and Raftelis is currently working to finalize a bond feasibility analysis for the
City. The following items have been completed or are in process related to these rate studies:
• City Commission has adopted an initial rate plan, that included a significant water rate adjustment
immediately with phased rate adjustments following
• A final rate study report (water, wastewater, and stormwater) and briefing document have been created and
presented to the City's elected officials
RAFTELIS 12
• The City is currently undergoing a full evaluation of the stormwater equivalency basis in order to update the
impervious area for each equivalent residential unit (ERU) as well as to update the policies and procedures
for residential units
• The City is updating the impervious area measurements for all non-residential developments, through
Raftelis' highly skilled stormwater implementation team
The study addressed the compliance of the utility in meeting the rate covenant requirements for utility revenue
bonds issued on behalf of the water, wastewater, and stormwater system. In order to fully evaluate the financial
needs of the system, a five-year projection of the revenue requirements of the utility was conducted to identify trends
in costs, potential issues relative to the funding of capital and operating reserves necessary to meet the day-to-day
requirements of this utility, as well as other factors which may affect the overall management of the utility system.
City of Port St. Lucie FL
Reference: Kevin Matyjaszek, Utility Director
1001 SE Prineville Street, Port St. Lucie, FL 34983 / P: 772.344.4250 / E: kmatyjaszek@cityofpsl.com
The City of Port St. Lucie (City) retained Raftelis to conduct a comprehensive water and wastewater rate study.
Since completion of this study in 2018/2019 the City has been updating the forecast annual through a continuing
agreement with Raftelis, which allows the City to have a good handle on the changing environment including
customer growth rates and inflationary impacts to operating and capital costs.
The study involved an analysis of billing data to identify the characteristics of the various customer classes. A
dashboard -driven dynamic computer model was developed for the City to provide a platform for: 1) a revenue
sufficiency analysis; 2) apportionments of the fiscal requirements and projections of operating costs; 3) reviews and
effects of alternative rate structure modifications; 4) projections of revenue and rate requirements; 5) management of
various unrestricted and restricted fund balances; and 6) multiple other items that provide the City with a rate and
financial management tool.
Aided by the computer model, alternative rate structures were reviewed and discussed with City staff members
during a series of meetings to ensure the recommended alternative would provide the desired results. The
methodology, approach, findings, conclusions and recommendation were documented in a study report, which
provided the basis for adoption by the City during public meeting.
Additionally, prior to the comprehensive rate study analysis, Raftelis reviewed and revised the utility's water and
wastewater impact fees, to meet recent updates to Florida Statutes. A "Consumption" -based methodology was
utilized for the study, which assumes that new service connections will utilize portions of both existing and new
improvements; as compared to an "Improvements" -based methodology that assumes a new set of service
improvements is provided for each new service connection.
City of Lake Alfred FL
Reference: Ryan Leavengood, City Manager
155 E. Pomelo Street, Lake Alfred, FL 33850 / P: 863.291.5747 / E: reavengood@mylakealfred.com
Raftelis was retained by the City of Lake Alfred in 2022 to update and water and sewer rate study including rate
design and financial forecasting activities, that was initial completed in 2016. Lake Alfred requested the
development of rate alternatives in order to ensure the rates were providing for equitable cost recovery amongst the
RAFTELIS 13
various customer classes. In addition, Raftelis reviewed the existing stormwater rates and policies and provided
recommendations for future consideration to more equitably recover costs from larger properties. The rate study
included several aspects including:
Pricing Objectives Workshop: At the project kick-off meeting with staff, Raftelis reviewed the existing rate
structure and facilitated discussion on the key pricing objectives of the utility moving forward. During this session
Affordability, Simple to Understand and Update, and Revenue stability were identified as the key pricing objectives.
Rate Design and Financial Forecast Model: Raftelis developed a financial model for the utility that included the
ability to review any combination of rate design alternatives for the water and sewer systems. Rate design
alternatives included the ability to remove or reduce gallons included in the base charge, adjust the block allowances
and increments, and to adjust the sewer rates from a fixed monthly charge to a base and usage methodology. The
forecasting component of the model first begins with the utility budget, which is allocated between water and sewer
services by a number of different factors. Then customers, existing rates, and projected revenues are factored in to
establish the cash flow analysis. This model has been provided to the client for their use.
Bill Impacts and Comparisons: By reviewing the results of a billing frequency analysis for water and sewer
customers, Raftelis was able to develop tables and charts illustrating changes in monthly bills from the various rate
design alternatives. In addition, the existing and proposed water and sewer bills were compared to other local utility
providers to gain an understanding of the reasonableness of certain changes in monthly water and sewer bills.
Presentation: Raftelis presented the study findings and results to the City Commission in June 2016. The proposed
rates were implemented by ordinance in August 2016 with implementation beginning October 2016.
City of Sunrise FL
Reference: Timothy A. Welch, PE, Director of Utilities
777 Sawgrass Corporate Parkway, Sunrise, FL 33325 / P: 954.888.6055 / E: twelch@sunrisefl.gov
Raftelis, previously Public Resources Management Group, Inc. (PRMG), has assisted the City in various revenue
sufficiency, cost of service and capital financing projects since 2007. During 2010, PRMG performed a detailed
utility rate evaluation and a subsequent bond feasibility study, the primary purpose to support the capital program
identified in the City's utility master plan. The study resulted in the adoption of a forty percent (40%) rate increase
to fund the capital improvement program and issuance of approximately $118,615,000 of Utility System Revenue
Bonds, Series 2010 (which included Federally Taxable Build America Bonds).
The principal study attributes included: i) the development of a detailed by -class (inside and outside the system)
customer forecast and usage evaluation; ii) the development of detailed capital funding and flow of funds (cash)
analysis for project financing, including the identification of the amount of renewal and replacement capital funding
to be derived from rates; iii) the redesign of rates to meet the expenditure needs, including an increase in rates;
iv) presentation to the municipalities that are served on retail basis by the City to present the financial plan; v) the
preparation of a rate ordinance; vi) development of a detailed historical coverage evaluation for a multiple year
period; vii) preparation of an additional bonds test analysis associated with the issuance of additional parity bonds;
viii) assisting in rating agency presentations; and ix) preparation of financial certificates for closing.
PRMG has assisted the City in other rate issues over the years as follows:
• Assisted in development of 2016 water, wastewater, and natural gas system financial projections used by
rating agencies for credit surveillance
RAFTELIS 14
• Prepared a natural gas rate study in 1996 and 2006, which included the development of a detailed customer
and usage forecast of all gas customer classes, including both retail and bulk or wholesale customers, the
development of detailed revenues recognizing increases in the cost of gas from the Florida Gas Transmission
Company and the development of purchased gas adjustment clause, the development of a detailed financial
forecast of the utility operations, and the design of utility rates for each class of service based on cost of
service principles and allocation parameters utilized in the development of natural gas rates. The capacity
costs were allocated based on demand factors recognizing daily and peak monthly use and other available
data to the utility.
• Performed periodic updates to the water and wastewater utility rate study in 2011, 2013, 2016, 2020, and
2022.
• Performed a reuse cost of service evaluation in 2018 that was updated for current costs in 2021.
• Presently, assisting in negotiations related to a utility acquisition.
Additionally, an avoided cost analysis was performed for the interruptible class recognizing that alternative fuels are
available to the interruptible class and, therefore, a price sensitivity analysis was developed to ensure that the cost of
natural gas would be less than alternative fuel sources.
Village of Wellington FL
Reference: Ana Acevedo, C.P.A., Director of Administrative and Financial Service
12300 Forest Hill Boulevard, Wellington, FL 33414 / P: 561.753.2594 / E: aacevedo@wellingtonfl.gov
Raftelis has provided ongoing utility rate consulting services for years to the Village relative to the annual update of
the utility rate model that was initially developed by Raftelis. The major issues addressed annually by Raftelis
during the rate review process:
• Development of customer consumption forecast and revenue requirement analysis
• Derivation of a financing strategy to fund the utility's capital improvement program
• Evaluation of revenue sufficiency regarding the ability to meet expenditure requirements, comply with all
required and adopted (policy) transfers and meet financial targets of the utility system
• Maintenance of adequate compliance with the rate covenants of the outstanding bond resolution as well as
perform a comparative analysis of the financial operations relative to the Moody's Investor Services
performance medians and other financial targets developed by the Village and Raftelis
The utility rate analysis has been presented to the Village Council annually as part of the budget and rate process.
RAFTELIS 15
FLORIDA EXPERIENCE
The Raftelis team has extensive
experience serving Florida public -
sector agencies. The matrix below
shows some of the Florida public -
sector entities/utilities that the
Raftelis team has served.
3
City of Alachua
City of Apopka
City of Arcadia
City of Auburndale
Babcock Ranch Community
Independent Special District (BRCISD)
City of Boca Raton 0
Bonita Springs Utilities • t1
City of Cape Canaveral •
Charlotte County
City of Clermont • , •
Collier County • •
City of DeLand •• •
0
City of Davie
Destin Water Users • •• •
•
City of Edgewater •
City of Eustis • •
Florida Keys Aqueduct Authority • •
Town of Fort Myers Beach
City of Fort Walton Beach •• •
•
City of Groveland • • •
Hernando County
Hillsborough County • • •
Indian River County • 0 0 •
•
Village of Islamorada • •
Town of Jupiter • • •
Town of Key Biscayne •
Town of Lauderdale -by -the -Sea t1 • • •
City of Lake Alfred 0
City of Largo • • 0 0
• •
City of Lake Wales • •
Lee County • • • • • • • • • • • • • •
Manatee County •
City of Marathon 0
City of Margate •
Martin County
City of Mascotte 0 • •
Wastewater
Rate Studies & Pricing
Stormwater
Irrigation Water
Raw Water
Solid Waste
Wholesale Rates
Litigation Support
Management Accounting
Contracts/Ordinances
Debt Issuance Assistance
al Reuse Water
•
•
0
•
•
•
•
RAFTELIS 16
FLORIDA EXPERIENCE Rate Studies & Pricing
The Raftelis team has extensive
experience serving Florida public -
sector agencies. The matrix below
shows some of the Florida public- 4.4 o o 0L.
3 c
sector entities/utilities that the m 2 3 m a A
a rn 3
Raftelis team has served. .o o % m c L A o
3 3 in t re
o w 3 w LL >
City of Melbourne • •
City of Miami Beach • • • • •
City of Miramar • • • • • •
Town of Oakland • • • • • • •
City of Oakland Park • • • • •
City of Ocala • • • • • • • • • • •
City of Oldsmar • • • • • • • • •
City of Orlando • • •
City of Oviedo • • • • • • • • • •
Town of Palm Beach • • •
Village of Palm Springs • • • •
City of Panama City • • • •
Pinellas County • • • • • • • •
City of Plant City • • • • • • • • •
City of Pompano Beach • • • • • • • •
City of Port St. Lucie • • • • • • • • • • • •
St. Johns County • • • • • • • • • • •
City of Sanford • • • • • • • • • •
Sarasota County • • • • •
South Walton Utility Co., Inc. • • • • • •
City of Stuart • • • • • •
City of Sunrise • • • • • • • •
Village of Tequesta • • • • • • •
Tohopekaliga Water Authority • • • • • • • • •
City of Tampa • • • • • • • • • • • •
City of Tavares • • • • • • • • •
Volusia County • • • • • • • • • • •
Village of Wellington • • • • • •
City of West Palm Beach • • • • • • • • • • • •
City of Wilton Manors • • • • •
City of winter Haven • • • • • • • • • • • • •
City of Zephyrhills • • • • • •
•
Litigation Support
Management Accounting
• Contracts/Ordinances
••••• Debt Issuance Assistance
isi
RAFTELIS 17
PART D
Schedule
Raftelis will complete the scope of services within the timeframe shown in the schedule below. The proposed
schedule assumes a notice -to -proceed by July 2023 and that Raftelis will receive the needed data in a timely manner
and be able to schedule meetings as necessary. Project completion is estimated for December 2023.
2023
TASKS JUL AUG SEP OCT NOV DEC
1. Project Initiation and
Management
2. Consumption and Current
Revenue Analysis
•
•
3. Development of Financial Plans •
4. Cost -of -service Analysis and
Rate Calculation
5. Rate Model Development
6. Reports and Presentations
• In -person Meetings
• Web Meetings
• Deliverables
RAFTELIS 18
PART E
Fee Proposal
The following table provides a breakdown of our proposed fee for this project. This table includes the estimated
level of effort required for completing each task and the hourly billing rates for our project team members. Expenses
include costs associated with travel for onsite meetings.
Hours
Tasks
1. Project Initiation and
Management
Web In -person Total Fees &
Meetings Meetings TH JW MG TT TS HT TB Admin Total Expenses
1 2 8 8 2 0 0 0 0 20 $5,350
2. Consumption and Current 1 0 4 8 16 0 0 0 0 28 S5,580
Revenue Analysis
3. Development of Financial 1 2 12 16 20 4 4 0 0 58 $12,980
Plans
4. Cost -of -service Analysts and 1 2 8 8 4 20 0 4 0 46 $10,200
Rate Calculation
5. Rate Model Development 1 0 4 8 12 12 0 0 0 36 $6,980
6. Reports and Presentations 3 0 40 12 16 0 0 0 2 70 $18,270
Total Meetings / Hours 4 4 6 76 60 70 36 4 4 2 258
Hourly Billing Rate 6340 6295 6200 6175 ;175 6340 6340 695
Total Professional Fees $2,040 $22,420 $12,000 $12,250 $6,300 $1,360 $1,360 $190 657,920
TH - Tony Hairston
JW - Joe Williams Total Fees $57,920
MG - Michelle Galvin
TT - Tristen Townsend Total Expenses 61,440
TS - TJ Speight
HT - Henry Thomas
TB - Thieny Boveri Total Fees & Expenses
Admin - Administration
$59,360
RAFTELIS 19
PART F
Modifications to the Scope
Raftelis does not have any modifications to the scope.
RAFTELIS 20
PART G
Tony Hairston
PROJECT DIRECTOR
Vice President
ROLE
Tony will be responsible for overall project accountability and will be
available to provide quality assurance and control, industry perspective, and
insights into the project.
PROFILE
Tony currently serves as Vice President in Raftelis' Maitland, FL Office. He
has 22 years of experience implementing financial, management, and data
solutions for utility and other municipal clients. He has both managed and
provided technical analysis on a variety of complex financial and
management projects including comprehensive utility rate studies, impact
fees, bond feasibility reports, and assisting numerous municipalities and
utilities in addressing their rate -setting and financial planning goals. He has
assisted governmental clients with projects including the creation and
planning of several new wastewater utilities to protect the near shore water
quality of the Florida aKeys. Tony has presented papers at the WateReuse
Foundation, Florida and Alabama/Mississippi AWWA conferences, and
regional conferences such as the Tampa Bay Water Shortage Management
workshop. Tony also co-authored a chapter entitled, "Projecting Customer
Demand," for the Fourth Edition of the industry guidebook, Water and
Wastewater Finance and Pricing: The Changing Landscape.
KEY PROJECT EXPERIENCE
Specialties
• Utility cost -of -service & rate
structure studies
• Bond feasibility reports
• Impact fee studies
• Altemative water supply planning
• Long range financial planning &
feasibility studies
• Cost analysis & cost allocation
Professional History
• Raftelis: Vice President (2018 -
present); Senior Manager (2015-
2018); Manager (2012-2014)
• Public Resources Management
Group (PRMG): (1998-2012)
• Federal Reserve Bank of Richmond,
VA: Bank Analyst (1995-1998)
Education
• Master of Science in Economics -
Florida State University (1995)
• Bachelor of Science in Economics -
Florida State University (1993)
Certifications
• Series 50 Municipal Advisor
Representative
Professional Memberships
• AWWA: Founding Chair of Florida
Section Rates & Finance Committee
• Florida Govemment Finance
Officers Association
• Florida Stormwater Association
Florida Keys Aqueduct Authority (FL)
Tony served as project manager for numerous water and wastewater rate
projects for the Florida Keys Aqueduct Authority (FKAA) since 1999.
Various projects have included the bond feasibility report for the Series 2019
Water Revenue Bonds ($45,010,000), Series 2007 Water Revenue Bonds
($53,975,000) and Series 2006 Water Revenue Bonds ($49,700,000).
Feasibility reports for various wastewater program initiatives, development of wastewater rates in five (5) separate
wastewater service areas and the eventual consolidation of wastewater rates. Tony provided public outreach to
future customers in each of these service areas and presented rates to the FKAA Board for adoption. Tony
conducted a comprehensive water rate and impact fee study for the Aqueduct and provided periodic updates of the
water financial forecast and capital financing plan. Tony also developed initial reclaimed water rates and financial
policy for the FKAA's initial reclaimed water program in the Big Coppitt service area.
Volusia County (FL)
Tony has been the project manager or lead consultant on numerous engagements with Volusia County (County). In
2016 Raftelis is providing an alternative water supply cost allocation analysis to the County and three nearby
RAFTELIS 21
municipal utilities. In 2010, Tony managed a utility rate study including a five-year financial forecast and design of
potable water, wastewater, and reclaimed water rates. The County was enduring several years of stagnate growth
while addressing several regulatory challenges such as alternate water supply planning and effluent disposal quality
and capacity. The financial forecast element was focused on capital finance planning including the purchase of a
strategic land area for the purpose of developing alternative water sources. The rate design efforts included the
adjustment of base water rates to increase revenue stability, adjustments to water conservation rates including non-
residential customers, wastewater rate adjustments, and reclaimed water rate alignment with potable water
incentives. The proposed rates were presented to the County Council during a public workshop and again at a
public hearing for adoption by resolution. Other projects provided to the County have included service area
evaluations, impact fee studies, developer fee analysis, and ongoing capital finance planning.
Sewerage and Water Board of New Orleans (LA)
Tony served as project manager for Sewerage and Water Board of New Orleans (SWBNO) projects since 2018
including: bond debt service Qualified Independent Consultant opinion letters, bond rating presentations, financial
forecasts and management of water audits. To complete these projects, Tony managed a specialized Raftelis team
and coordinated with SWBNO financing team including the financial advisor, bond counsel, and management.
Tony recently assisted SWBNO in credit rating agency presentations and water audit presentations to the SWBNO
Finance and Audit Committee.
City of Goodyear (AZ)
From 2017 to 2018, Tony lead a specialized team to update the City of Goodyear's (City) development impact fees.
The project includes impact fees for water, wastewater, police, fire, recreation, and streets. Pursuant to ARS Sec. 9-
463.05 Raftelis developed a land use assumption plan, infrastructure improvements plan, and impact fee study. The
City's infrastructure requirements have been increasing due to growth, resulting in fee increases. Tony worked
closely with City management and the development community to review the infrastructure projects and how those
projects related to growth and ultimately the proposed impact fees. After several work sessions with the City
Council and the development community, the plan and fees were adopted by the City in late 2018.
Tampa Bay Water (FL)
Project experience with Tampa Bay Water includes future water supply financial planning, reclaimed water
resources pricing, and Member Government outreach services. A customized interactive financial forecast and rate
model for the Tampa Bay Water Member Government Reclaimed Committee was created and presented to the
Committee for future water supply planning. The project included careful review of forecast assumptions with
Member Government representatives and Tampa Bay Water management and featured an analysis of the City of
Tampa's proposed TAP project, Hillsborough County's SHARP project, along with other traditional water supply
options. The report was finalized in July 2018 and adopted by the Member Government Reclaimed Water
Committee.
Brunswick Glynn Joint Water and Sewer Commission (GA)
The Brunswick Glynn Joint Water and Sewer Commission (BGJWS) has a unique service area with a combination
of a low-income small urban service area, a growing suburban service area, and a seasonal wealthy coastal resort
service area. Tony managed a rate study that involved increasing the BGJWSC revenue stability while maintaining
affordable utility bills at low usage levels. A comprehensive five-year financial forecast model, cost of service, and
rate structure analysis was developed for BGJWSC. Several rate options were presented to management and
ultimately to the BJWSC Commission. After several requests for additional information, the Commission
ultimately adopted and has successfully implemented the proposed rates.
RAFTELIS 22
Pinellas County (FL)
Tony has served as project manager for a Utility Business Case and Rate Sustainability study for the Pinellas
County (County) potable water, wastewater, and reuse water utility. This project is a comprehensive analysis that
combines business planning with rate sustainability analysis. The rate sustainability analysis included a review of all
potable water, wastewater, and reuse water rates. A pricing objectives workshop was conducted with key
stakeholders in order to prioritize the rate structure pricing objectives. After a review of all monthly rates with the
County, potable water and wastewater rate structures that included base charges by meter size, potable water
conservation rates, and modifications to multi -family base charges were all designed and validated by the County
steering committee. Relevant bill impact and comparisons were reviewed in order to gain an understanding of
impacts to customers.
The business plan involved the review of various business processes and impact analysis on a number of potential
process changes including conversion from bi-monthly billing to monthly billing and implementation of AMI
metering infrastructure. The steering committee included staff from all utility functions including budget,
operations, maintenance, field services, revenue collection, customer service representatives and management.
Through a series of workshops with the County, a business case was developed that included both the financial and
organization and customer service impacts to each initiative. The results of both the rate sustainability and business
case were reviewed and validated by the County steering committee. Final results are scheduled for completion and
presentation to the Board of County Commission in early 2015.
Emerald Coast Utilities Authority (Pensacola, FL)
Emerald Coast Utilities Authority (ECUA) has identified over $233 million of water/wastewater capital
improvements to be implemented in order to be consent order and maintain its utility infrastructure. Raftelis
developed an interactive utility financial model to support ECUA's bond and provide a decision support tool for
ECUA staff. The financial model provided a five year forecast, interactive dashboard, and capital funding/bond
analysis features in order for ECUA to evaluate various alternative funding scenarios. Raftelis collaborated with
ECUA staff to develop a strategy of bond sizing placements to complete critical capital improvements while
maintaining a strong financial position. Raftelis also develop a financial feasibility report for inclusion in ECUA's
official statement for the proposed Utility System Refunding Revenue Bonds, Series 2015 and provided support to
ECUA's team of financial advisors.
City of Auburn (AL)
Tony served as project manager on several projects with the City of Auburn (City) and the Water Works Board of
the City of Auburn (AWWB). He assisted the AWWB with its drought rate policies in 2008 and 2011 in response to
severe drought conditions affecting the AWWB water supplies. Tony led a review of historical water usage patterns
and recommended a phased approach for the implementation of drought rates corresponding to changing drought
conditions. He also conducted comprehensive water and wastewater rate and access fee studies on behalf of the
AWWB and the City. In 2011, Tony conducted a review of the City's solid waste residential collection rates and
assisted the City in a multi -year phase of rates to better align revenues with costs while mitigating customer impacts.
All studies required several public workshops and meetings with the City Council and AWWB Board and
recommendations were subsequently adopted by the applicable governing bodies. Most recently in 2014 both the
water and sewer rate studies were updated. In particular the water rates were reviewed for sufficiency to meet the
financing requirements of a reconstruction of major water supply facilities along with rate structure options for
Board consideration. The 2014 study also included a review and recommended changes to the fire protection
charges to better reflect costs and ease the administration of this service by simplifying the fee structure.
RAFTELIS 23
Alabaster Water Board (AL)
Tony has managed Raftelis' projects with the Alabaster Water Board. Raftelis was initially engaged by Alabaster
Water Board in 2013 to review revenue sufficiency and debt service coverage associated with a recent revenue bond
issue. Following this engagement, in 2014 Raftelis was retained to conduct a rate study including a review and
comparison of various miscellaneous utility fees with other nearby service providers. Raftelis worked with Alabaster
Water Board staff to review the actual cost of providing various services, and approaches to future service charges
balancing cost and customer service. In addition to miscellaneous charges, Raftelis developed a six year financial
forecast that included capital funding and water sales scenario analysis based on recent trends and possible future
outcomes. Raftelis staff reviewed the financial model and various scenarios during several onsite and web based
work sessions. In addition, certain rate structure options were reviewed including options to increase fixed revenue
recovery. These options were presented to the Board in September 2014 and the option to increase base charge
recovery was adopted by the Board in October 2014.
Daphne Utilities (AL)
Tony managed a water and wastewater rate study for Daphne Utilities (DU). DU wanted to conduct a rate study in
order to ensure a cost justified rate schedule that could be communicated to its customer base and ensure adequate
and appropriate cost recovery. The rate study included several components such as: 1) Pricing Objectives
Workshop: Raftelis held a kick-off meeting with utilities staff and the Board chairman to review the existing rate
structure and identify the key pricing objectives of Daphne Utilities. The session included the identification of cost
based rates, affordability, and revenue stability as the most important pricing objectives that the new rate structure
should achieve. ; 2) Cost -of -Service model and Rate Design Model: Raftelis developed a Cost -of -Service model for
the water and wastewater systems, which included an allocation of administrative activities to the natural gas
activities. Based on the Cost -of -Service model and the pricing objectives parameters, Raftelis developed a rate design
model that included various features including the input of various minimum gallons to be included in the monthly
base charge. Other parameters included readiness -to -serve factors by meter size, billing charge components, and
outside surcharges. 3) Bill Impacts and Comparisons: Based on a thorough analysis of the water and wastewater
billing statistics, Raftelis was able to identify usage levels of various customer classes and indicate the potential
change in monthly bills that would occur under any proposed rate structure. Also the existing and proposed bills
were compared to other utility providers; and 4) Presentation: Tony presented the study to the Board in May 2015
and the Board accepted the recommendations. Implementation is scheduled for October 2015.
City of Tuscaloosa (AL)
This City of Tuscaloosa (City) has been experiencing rapid growth related to increasing enrolment at the University
of Alabama and other factors. The City reports that this growth is placing a direct burden on City infrastructure
engaged Raftelis to conduct an impact fee study in order to determine a defensible methodology and calculation of
impact fees in order to recover the proportionate share of costs that growth imposes on City infrastructure. The
identified infrastructure includes water, sewer, stormwater, streets/roads, police, and fire services.
Tony is managing the first phase of this project which includes analysis and recommendations for water and
wastewater impact fees and a feasibility analysis related to other potential impact fees. The completion of this first
phase is scheduled for Fall 2015 with additional phases to be completed in 2016.
Village of Islamorada (FL)
The Village of Islamorada (Village), located in the Florida Keys, is implementing a $115 million central wastewater
program by 2015 in order to comply with State of Florida mandates regarding near shore water quality. The
wastewater project involves the retrofit of essentially its entire incorporated area, which is currently served by septic
tanks and package plants. Tony has served as project manager with regard to ongoing financial planning and
wastewater rate policy for the Village. Originally, the financial model included a 10 -year forecast based on the
RAFTELIS 24
Village's planned method of delivery using the traditional design -bid -build procurement process. However, in 2010
the Village began to explore the design -build -operate (DBO) procurement process as an expedited and more cost
effective approach to complete this project. The Village has also maintained two options for treatment services,
including onsite wastewater treatment facilities or wholesale treatment services from a nearby special utility district.
The financial forecast has evolved to include the DBO procurement method and include the two treatment options,
along with additional funding and other options. The financial forecast has been used by the Village for securing $20
million in grant funds, $46 million in low -interest loans, and additional line of credit funding. In addition to
financial forecasting and rate policy consulting, Tony participated as a selection committee member with regard to
the qualifications and selection process of the DBO procurement. Tony led the committee member efforts regarding
evaluation of the various pricing proposals submitted by qualified DBO entities, and presented the results which
were accepted by the Village Council. Tony is currently conducting a wastewater rate study for the Village and
continues to manage ongoing utility rate and financial consulting services for the Village.
City of Marathon (FL)
The City of Marathon (City) is one of several jurisdictions located in the Florida Keys that has been mandated by
the State of Florida to provide central wastewater service to its residents. The City also implemented extensive
stormwater infrastructure improvements concurrent to the wastewater project. Tony initially provided public
outreach and financial and rate planning support to the City beginning in 2006. As the program became more
developed, Tony led a financial forecast study to provide the City with a planning tool for future policy decisions
and loan procurement. In 2008, Tony managed a financial feasibility study/report which was used by the City and
its financial advisor to secure $30 million of bank -qualified financing and over $80 million of SRF loan financing for
the stormwater and wastewater project. Later in 2008, Tony led the City's initial rate study including public
outreach and presentation to the City Council. The proposed rates and stormwater assessments were adopted and
implemented by the City. Tony continues to manage ongoing utility rate and financial consulting services to the
City of Marathon.
Key Largo Wastewater Treatment District (FL)
Tony has served as project manager for the initial wastewater rate and rate policy development for the Key Largo
Wastewater Treatment District (District). The Key Largo Wastewater Treatment District was created by the Florida
legislature in June 2002 for the purpose of constructing wastewater treatment systems in the Upper Florida Keys. In
2005, the District was nearing completion of construction in two areas and needed to establish utility rates for these
areas and future wastewater service areas where additional construction was planned. Tony led a study of the
District's near and long-term revenue requirements with respect to serving these areas. Because the initial
wastewater service area was relatively small, a careful analysis of potable water consumption patterns was
conducted in order to reasonably forecast future wastewater billings. Initial rates were developed for the first service
areas, and these rates were tested and revised in order to provide a consistent rate policy and structure as new areas
were added and economies of scale were anticipated. The initial rates and financial forecast were presented to the
District Board and adopted as proposed in 2005. Updates to the wastewater financial forecast were provided in 2007
and 2009 which showed that the initial rate development remained valid. The 2009 update was utilised by the
District to secure $30 million in a bank qualified loan to finalize its capital funding efforts.
City of Boca Raton (FL)
Tony managed several projects including a utility revenue sufficiency analysis and a utility rate study for the City of
Boca Raton (City). The rate study was completed at the time of decreasing water demand and uncertain economic
conditions while significant capital improvements were being completed by the City. Rates were proposed and
adopted by the City Council based on recommendations from the rate study and subsequent presentations by Tony.
Other studies completed for the City include electric pass -through costs analysis and wastewater availability charge
analysis.
RAFTELIS 25
City of Oviedo (FL)
Tony has managed several projects for the City of Oviedo (City) including an acquisition analysis of the Alafaya
Utilities wastewater system (Utilities), financial feasibility report for the Series 2010A and 2010B Bonds
($35,900,000), and ongoing financial forecasts for the City's utility system. The acquisition analysis included a
review of historical Utilities' operations and several meetings with the owner's representatives and City
representatives. The acquisition analysis considered the historical net revenue stream and reflected certain
adjustments for operations under City ownership including a combination of benefits from management synergies
as well as lost revenue due to property and franchise fee collections. The City negotiated a successful agreement for
the purchase of the Utilities system and has integrated the system into the City's operations. Tony also led utility
rate studies that included new reclaimed water service to existing City potable water customers. A financial and
demand model was created in order to assist the City in anticipating potable water demand reductions in response
to increasing reclaimed water availability. Rate structures were recommended to the City in order to mitigate the
impact of the expected loss of potable water revenue on the City's financial condition.
City of Sanford (FL)
Tony has led numerous rate studies to assist the City of Sanford (City) in meeting several regulatory and economic
challenges. Many utility capital improvement initiatives were mandated to the City over the past several years at a
time when the City was enduring severe economic hardship. Tony managed a detailed utility financial forecast in
order to evaluate numerous capital improvement initiatives and sensitivity analyses regarding future conditions. A
special emphasis was placed on rate phasing and avoiding large one-time rate adjustments. The financial forecast
was used by City staff in budget planning and resource allocation. The financial forecast also provided the basis for
several ad hoc analyses as needed by the City. Tony presented numerous forecasts and rate recommendations to the
City Commission and such recommendations have been adopted by the City. He also conducted a stormwater rate
analysis for the City with an emphasis on capital planning under the existing utility billing structure.
PROJECT LIST
• City of Alachua (FL) - Reclaimed water rate analysis
• Alabaster Water Board (AL) - Water rate study and miscellaneous charge review
• City of Alabaster (AL) - Sewer rate study
• City of Auburn (AL) - Water and wastewater rate and access fee studies, drought rates, and solid waste rate
review
• City of Auburndale (FL) - Water and wastewater financial feasibility report
• City of Boca Raton (FL) - Utility rate study, sewer availability policy
• Charlotte County Utilities (FL) - Comprehensive utility financial forecasts, impact fees and wholesale water cost
dispute resolution
• Daphne Utilities (AL) - Utility cost -of -service and financial forecast
• Destin Water Users (FL) - Rate study, financial planning, resource planning
• Emerald Coast Utilities Authority - ECUA (FL) Series 2015 - Bond feasibility study
• Enterprise Community Development District (FL) - Cost -of -service rate study, wholesale cost pass -through
analysis
• City of Eustis (FL) - Utility rate studies, business planning, impact fee studies, stormwater utility rate analysis
• Fairfax County (VA) - Wastewater financial forecasting and sufficiency studies
• Florida Keys Aqueduct Authority (FL) - Bond feasibility report, service area expansion, system development
charges, miscellaneous charges, reclaimed water rate study, utility policy, water rate study, sewer rate study
• City of Fort Myers Beach (FL) - Water rate study
• City of Groveland (FL) - Utility rate studies, financial forecasts, utility and municipal impact fee studies
RAFTELIS 26
• City of Hallandale Beach (FL) - Utility impact fee study, alternative water supply planning
• Indian River County (FL) - AMI Feasibility and business case analysis
• Village of Islamorada (FL) - Wastewater rate study, procurement and alternative project delivery evaluation
• Key Largo Wastewater Treatment District (FL) - Wastewater rate study
• City of Lake Alfred (FL) - Water and wastewater rate study
• City of Lake Wales (FL) - Utility revenue sufficiency analysis and financial model
• City of Largo (FL) - Wastewater financial forecast and rate study, wholesale rate analysis
• City of Marathon (FL) - Wastewater and stormwater rate study, financial forecast and financial policy
development
• City of Marco Island (FL) - Water and wastewater rate design
• City of Margate (FL) - Wastewater rate study, impact fee study, alternative water supply planning, stormwater
rate study
• City of Marianna (FL) - Utility rate study
• City of Mascotte (FL) - Wastewater rate study; impact fee study
• Town of Montverde (FL) - Water impact fee and rate revenue sufficiency studies
• City of Minneola (FL) - Police, fire, and recreation impact fee study
• City of Mt. Dora (FL) - Impact fee study, utility rate study
• Town of Oakland (FL) - Water rate study, impact fees (water, wastewater, police, roads, parks, administrative);
SRF loan business plan
• City of Ocala (FL) - Utility rate studies; revenue sufficiency analysis; water and wastewater impact fees
• City of Oldsmar (FL) - Water resource planning, utility rate study, impact fee study, stormwater study
• City of Oviedo (FL) - Utility acquisition analysis, bond feasibility report, utility rate study, reclaimed water rate
analysis, impact fee analysis
• Pinellas County (FL) - Utility business case and rate sustainability study
• City of Plant City (FL) - Water and wastewater rate study, solid waste rate study, stormwater rate study, impact
fee study, financial forecasting
• City of Prichard (AL) - Water works and sewer board of city of Prichard - utility revenue sufficiency study
• City of Sanford (FL) - Utility rate study, loan assistance, stormwater rate study, utility impact fee analysis, police -
fire -recreation impact fee analysis
• South Island Public Service District (Hilton Head, SC) — Utility rate study
• South Walton Utilities (FL) - Water resource planning, wholesale rate analysis, utility rate studies
• St. John River Water Management District (FL) - Alternative water supply analysis and impact on utilities
• City of Titusville (FL) - Water resource planning
• City of Treasure Island (FL) - Wastewater rate study, cost pass-thru analysis
• City of Tuscaloosa (AL) - Water and sewer impact fee study and impact fee feasibility
• Volusia County (FL) - Utility rate studies, service area evaluations
• City of West Melbourne (FL) - Utility rate study
• West Volusia Water Suppliers (FL) - Alternative water cost allocation for cities of Deland, Deltona, Orange City
and Volusia county utilities
• City of Wilton Manors (FL) - Utility rate study
• City of Winter Springs (FL) - Fire impact fee study
PRESENTATIONS
• "RevPlan for Rural Systems," WaterPro Annual Rural Water Conference, 2019
• "Rate Structures and Financial Planning," Alabama Water and Wastewater Institute Annual Conference, 2015
• "Capital Finance Planning and Communication" Alabama/Mississippi AWWA, 2015
• "Funding Central Wastewater Retrofits in the Florida Keys" Caribbean Water Works Association, 2015
RAFTELIS 27
• "Practical Approaches to Finance Infrastructure Projects in the Current Market," Florida Section AWWA Fall
Conference, 2012
• "Right Sizing the Fixed Component in Your Rate Structure," Alabama/Mississippi Section AWWA
Conference, 2012
• "Valuing Reclaimed Water," WateReuse Foundation Annual Conference, 2010
• "Implementing Water Conservation into Rate Structure," Florida Section AWWA Fall Conference, 2009
• "Drought Surcharge Rates," Presentation to Tampa Bay Water Regional Water Shortage Management
Workshop, 2009
• "Utility Impacts/Reaction/Response to Current Economic Factors," Presentation to Florida Section AWWA,
2009
RAFTELIS 28
Joe Williams
PROJECT MANAGER
Senior Manager
ROLE
Joe will manage the day-to-day aspects of the project ensuring it is within
budget, on schedule, and effectively meets the City's objectives. He will also
lead the consulting staff in conducting analyses and preparing deliverables for
the project. Joe will serve as the City's main point of contact for the project.
PROFILE
Joe currently serves as a Senior Manager in Raftelis' Maitland, FL office. He
has over eleven years of experience in financial, management, and rate
consulting for utility and other municipal clients. His expertise lies in the
areas of developing utility rate studies, impact fees, bond feasibility reports,
building fees, miscellaneous fees, and other related financial solutions based
on technical analysis and unique needs of each client. He has worked with
staff, leadership, and governing bodies for municipal utilities to find solutions
to financial and managerial issues that can arise in providing sustainable and
effective service delivery.
KEY PROJECT EXPERIENCE
Specialties
• Utility cost -of -service & rate
structure studies
• Bond feasibility reports
• Long-range financial planning &
feasibility studies
• Impact fee studies (utility &
municipal)
Professional History
• Raftelis: Senior Manager (2023 -
present); Manager (2020-2022);
Senior Consultant (2018-2019);
Consultant (2015-2017); Associate
Consultant (2013-2014); Analyst
(2012)
Education
• Master of Business Administration -
University of Central Florida (2018)
• Bachelor of Science in Business
Administration (Financing &
Accounting) - University of Central
Florida (2012)
City of Lake Alfred (FL)
Joe has been led several projects for the City of Lake Alfred (City) since 2016 including a water, wastewater, and
stormwater rate study, an impact fee/connection fee study in 2018 including water, wastewater, police, fire, parks,
and general government capital charges. Each of these studies were completed in a timely fashion with all
recommendations being adopted by City Council in the original studies in 2016 and 2018, as well as in the updated
studies that occurred in 2022. The rate study identified the ability to move away from having minimum gallons
included for the monthly water bill and away from a fixed monthly sewer charge for all residential connections.
Instead, a base and usage charge structure was implemented that allows for encouraging water conservation in times
of significant growth in the City, and throughout Polk County, that is putting unprecedented demands on the water
resources available. In light of these challenges, Raftelis is currently engaged with the City to update the water and
wastewater rate study, as well as all of the impact and connection fees, to identify the appropriate solutions for the
City to manage this time of growth and capital investment. Additionally, Raftelis is updating the City's building fee
schedule for plan review and inspection fees related to enforcing the Florida Building Code.
City of Port St. Lucie (FL)
Raftelis has been working with the City of Port St. Lucie (City) since 2011. Recently, several major studies have
been completed to ensure the water and sewer utilities are funding a high level of renewal and replacement costs
associated with their low pressure sewer system and grinder pumps. In 2015, a comprehensive five-year water and
sewer rate study was completed which identified a program to fully fund the capital needs, maintain adequate
reserve funds, and provide strong debt service coverage with modest rate adjustments of 1.5% per year.
Additionally, it was identified there were opportunities to adjust the overall revenue recovery between the water and
sewer rate structures. Also in 2015, a water and sewer impact fee study was completed to bring these fees into
alignment with the current high growth environment the utility is in. In 2019, Raftelis was tasked with updating the
RAFTELIS 29
water and sewer financial forecast to factor in a significant increase in capital requirements due to expansion needs
and additional renewal and replacement requirements. Through strong growth and management of the utility's
financials, Port St. Lucie is able to maintain rate adjustments around annual inflationary levels.
City of Winter Haven (FL)
Raftelis has been engaged by the City of Winter Haven (City) for many years to assist with a variety of projects
including, utility rate and capital charge studies to developing potential Fire Assessments within the City at targeted
revenue levels. Joe led the effort throughout 2021 and 2022 on updating the City's capital connection charges and
rate study that included development and update of the City's rate structure, industrial wastewater rates related to
strength factors and related surcharges, and large user arrangements. The project team worked closely with City
staff to develop solutions that would meet the utility's needs as well as provide for a just and equitable set of rates
and charges for all new and existing customers. Raftelis is currently engaged to assist with updating the City's
municipal impact fees for Police, Fire, and Parks and Recreation services.
City of Auburndale (FL)
Raftelis has been engaged with the City of Auburndale (City) for many years working on utility rates and impact
fees. In 2021 a comprehensive utility rate study, including capital funding and rate design adjustments, as well as an
update to the utility capital connection charges was completed. Based on current industry trends and input from
staff, certain adjustments were made to the rate structure and the application basis of the impact fees to represent a
more fair and equitable revenue generation system for the utility. Each of the recommendations were implemented
and adopted by the City Commission.
St. Johns County (FL)
Raftelis has been engaged with the St. Johns County (County) Utilities Department for many years and has
completed studies ranging from water and wastewater capital connection fee studies for the Main and Ponte Vedra
systems, bond feasibilities, rate studies, system consolidation studies, and other similar financial efforts. Recently,
Raftelis completed an update of the water and wastewater capital connection fees to represent the current cost of
providing utility capacity for new development. This study reviewed the level of service (LOS) provided to growth
and identify credits to account for other funding sources in light of the rapid growth occurring in the County.
Raftelis is currently engaged with the County to provide a bond feasibility study, that will obtain funding for new
wastewater plants to accommodate the demands from growth as well as regulatory requirements, and a
miscellaneous fee study that is intended to assess fee levels and update to reflect the full cost to the County of
providing these services (i.e., meter tap and installation charges, service fees, and other related miscellaneous
charges).
Florida Keys Aqueduct Authority (FL)
Joe has been involved with several projects for the Florida Keys Aqueduct Authority (FKAA) since 2013 including
a system development charge study, a comprehensive review of existing miscellaneous charges, and a water and
wastewater sufficiency analysis for a greatly expanded wastewater customer base. In 2019 Raftelis was engaged to
complete a bond feasibility analysis for issuance of bonds to fund $50 million of projects, while maintaining a strong
credit rating through strong reserve, coverage, and cash flow projects. FKAA is using short term loans in
conjunction with WIFIA loans to maximize the cash flow and affordability of the borrowing.
City of Marathon (FL)
Raftelis is currently engaged with the City of Marathon (City) to provide a financial forecast for the wastewater and
stormwater utilities. Joe assisted with the model development, which includes highly detailed budget projections
due to operating contracts and evolving customer characteristics in addition to revenue generation, reserve balances,
RAFTELIS 30
capital improvement funding. He also played in integral role in the development of the council presentation
materials and the combined system revenue sufficiency report.
City of Tavares (FL)
Raftelis has been engaged with the City of Tavares (City) for multiple studies and continuing service contracts. Joe
has been assembling, reviewing, and compiling key data required for an ongoing feasibility review to fund
stormwater facilities. This has involved modeling the financial impact various funding alternatives will have on cost
recovery through rates, fees, and charges. He has also assisted with the research and data acquisition for rate and
impact fee comparisons of surrounding utilities which are used in presentations and study reports.
Volusia County (FL)
Raftelis has assisted Volusia County (County) with various studies since 2012. Joe played a key role in data
collection, modeling, and meetings with key staff for a net present value calculation of the potential sale of a service
area within the County. Raftelis was also retained by the County to determine the feasibility of acquiring a
wastewater system within the County in order to provide better and higher quality service to the customers.
PROJECT LIST
• Alabaster Water Board (AL) — Water rate study
• Auburn Water Works Board (AL) — Water rate study and miscellaneous charge review
• City of Auburn (AL) — Sewer rate study
• City of Alachua (FL) — Reclaimed water study
• City of Atwater (CA) — Water rate study
• City of Auburndale (FL) — Revenue sufficiency study
• City of Bartow (FL) — Fire fees
• Bonita Springs Utilities (FL) — Water and wastewater rate study
• Brunswick -Glynn County JWSC (GA) - Water and wastewater rate design and financial forecast
• Cassatt Water Company (SC) — Water rate study
• Charlotte County (FL) — Dispute resolutions
• City of Clarksville (TN) — Water and wastewater financial planning
• City of Clearwater (FL) — Utility customer service efficiency review
• Emerald Coast Utilities Authority (FL) — Water and wastewater bond feasibility
• Florida Keys Aqueduct Authority (FL) — System development charge study, miscellaneous charge review, and
water and wastewater revenue sufficiency
• City of Fort Walton Beach (FL) — Water, wastewater and stormwater rate study
• City of Goodyear (AZ) — Water, wastewater, police, fire, recreation, and streets development impact fee study
• Indian River County (FL) — AMR/AMI feasibility study
• City of Groveland (FL) — Utility rate study
• Village of Islamorada (FL) — Wastewater update
• City of Marathon (FL) — Wastewater and stormwater financial forecast
• City of Margate (FL) — Development of a utility financial model
• Town of Oakland (FL) — Water rate study, wastewater rate development, municipal impact fee study, and utility
impact fees
• City of Phoenix (AZ) — Biannual development impact fee audit
• Pinellas County Utilities (FL) — Rate sustainability and business case
• City of Port St. Lucie (FL) — Water, sewer, and reclaimed water rate study and water and sewer impact fee
update
• City of Sanford (FL) — Municipal impact fee study
RAFTELIS 31
• St. Johns County (FL) — UCF study
• Town of Sullivan's Island (SC) — Water and wastewater rate study
• City of Tavares (FL) — Bond feasibility and general consulting services and water, wastewater, reclaimed water
and stormwater revenue sufficiency study
• Volusia County (FL) — SE service area valuation, water and wastewater rate study
• City of Winnipeg — Cost -of -service analysis
• City of Winter Springs (FL) — Municipal impact fee study
RAFTELIS 32
Henry Thomas
TECHNICAL ADVISOR
Vice President
ROLE
Henry will provide oversight for the project ensuring it meets both Raftelis
and industry standards.
PROFILE
Henry has over 43 years of utility industry rate and financial experience
focusing on business issues facing water, wastewater, solid waste, natural gas,
electric, and stormwater utilities. Henry' experience includes directing
financial consulting services for publicly -owned utilities and governmental
entities. He has been responsible for preparing utility rate and cost -of -service
studies, business plans, bond feasibility studies, designing water conservation
rates, connection and development fees, municipal impact fees, developing
utility financial policies and assisting with the acquisition of utility properties
and other management consulting services. During his career, he has served
over one hundred and twenty clients including county and municipal
governments and publicly -owned utility districts, authorities, and
cooperatives.
KEY PROJECT EXPERIENCE
Specialties
• Business/strategic plans
• Cost -of -service & rate studies
• Bond financing
• Water conservation rates
• Contract negotiation
• Utility acquisitions
• Development fees
• Municipal impact fees
Professional History
• Raftelis: Vice President (2019 -
present); Senior Vice President,
PRMG (1994-2019)
Education
• Bachelor of Science in Business
Administration, Economics -
University of Florida (1977)
Professional Memberships
• Florida Govemment Finance
Officers Association
• AWWA
City of Lakeland (FL)
Henry has served the City of Lakeland (City) since 2009 providing utility rate,
financial planning, and management consulting services to the water and
wastewater utility systems. On behalf of the City, Henry has directed a comprehensive cost-of-service/rate study
and annual revenue sufficiency updates. Major issues addressed for the City include water conservation rates and
rate structures that promote revenue stability and evaluating the size and timing of capital projects.
Polk County (FL)
Henry has served Polk County since 2013 providing utility rate, financial planning, and management consulting
services to the water and wastewater systems. His experience includes directing utility rate and cost -of -service
studies including the development of water conservation rate structures and preparing bond feasibility studies.
Charlotte County (FL)
Henry has served Charlotte County Utilities (County) since 1996 providing utility rate, financial planning, and
management consulting services to the County's water and wastewater systems. As part of this ongoing engagement
Henry has directed comprehensive water and wastewater rate studies, bond feasibility studies, utility valuations,
impact fee studies and assisted in the development of water conservation rates and utility expansion policies and the
evaluation of wholesale rate issues related to the Peace River/Manasota Water Supply.
City of Valdosta (GA)
Henry has worked for the City of Valdosta (City) since 1998 providing utility rate and financial planning services to
the City's water and sewer system. His experience with the City of Valdosta includes preparing a water and sewer
RAFTELIS 33
master plan capital funding analysis, a comprehensive water and sewer rate study, including implementation of
significant water conservation rate structures phased -in over a multi -year period, and several rate sufficiency updates
to ensure that the City's water and sewer utility rates are adequate to fund operating and capital needs, and maintain
a sound financial position.
City of Ocala (FL)
Henry has served the City of Ocala since 1992 providing utility rate, financial planning, and management consulting
services to the water and wastewater systems. Henry has directed comprehensive water and wastewater cost-of-
service/rate studies and annual revenue sufficiency updates for the City. He has also been involved in the
development of system development charges, water conservation rates and strategies related to providing incentives
for growth and economic development.
City of Tampa (FL)
Henry has served the City of Tampa since 2005. He has directed comprehensive, water, wastewater and solid waste
rate studies, and annual revenue sufficiency updates, developed capital charges related to new development,
participated in City's water and wastewater master planning process to evaluate the financial impact of capital
projects and prepared bond feasibility studies associated with the issuance of long-term debt.
City of Titusville (FL)
Henry has served the City of Titusville, Florida since 2000. He has directed comprehensive water and wastewater
rate studies and annual revenue sufficiency updates. In addition, he has been involved in providing capital funding
plans for State Revolving Loans from the State of Florida, Department of Environmental Protection (FDEP) and
assisted in negotiations related to the formation of a joint public/private entity to provide future water supplies for
the City.
PROJECT LIST
• Apopka (FL)
• Auburn, AL
• Bartow (FL)
• Cape Coral (FL)
• Casselberry (FL)
• Citrus County Utilities (FL)
• Clermont (FL)
• Cocoa Beach (FL)
• Crystal River (FL)
• Dade City (FL)
• Dania Beach (FL)
• Destin Water Users (FL)
• Dundee (FL)
• Edgewater (FL)
• Enterprise, CDD (FL)
• Fort Pierce Utilities Authority (FL)
• Fort Walton Beach (FL)
• Gasparilla Island Water Association (FL)
• Greater Pine Island Water Association (FL)
• Groveland (FL)
• Haines City (FL)
RAFTELIS 34
• Hallandale Beach (FL)
• Helena (MT)
• Immokalee Water and Sewer District (FL)
• Inverness (FL)
• Jacksonville Electric Authority (JEA) (FL)
• Lakeland (FL)
• Largo (FL)
• Lee County Electric Cooperative (FL)
• Leesburg (FL)
• Maitland (FL)
• Melbourne (FL)
• Midway Water System (FL)
• Miramar (FL)
• Mount Dora (FL)
• Newberry (SC)
• New Smyrna Beach Utilities Commission (FL)
• North Port (FL)
• Oakland Park (FL)
• Ocoee (FL)
• Okeechobee Utility Authority (FL)
• Oldsmar (FL)
• Orange City (FL)
• Orlando Utilities Commission (FL)
• Oviedo (FL)
• Palatka (FL)
• Palm Bay (FL)
• Palm Coast (FL)
• Panama City (FL)
• Panama City Beach (FL)
• Pembroke Pines (FL)
• Plant City (FL)
• Polk County Utilities (FL)
• Port Orange (FL)
• Regional Utilities of Walton County (FL)
• Sanford (FL)
• South Walton County Utilities (FL)
• Stuart (FL)
• Sunrise (FL)
• Town of Bedford (NH)
• Town of Davie (FL)
• Town of Goffstown (NH)
• Umatilla (FL)
• Vero Beach (FL)
• Virgin Islands Water and Power Authority (Virgin Islands)
• Volusia County Utilities (FL)
• Wabash Valley Power Association (IN)
• Warner Robins (GA)
• West Melbourne (FL)
RAFTELIS 35
• Winter Springs (FL)
LITIGATION EXPERIENCE
Henry has directed regulatory rate cases for the Virgin Islands Water and Power Authority and Charlotte County,
Florida and has testified before the Florida Public Service Commission, the Indiana Public Service Commission, the
Virgin Islands Public Services Commission, and District Courts in Florida and Michigan.
PUBLICATIONS
• "Utility Impact Fees: Practices and Challenges" AWWA, 2013
• "Water and Wastewater Impact Fees," South Carolina Section of the AWWA, Management Forum, 2001
• "Innovative Water Rates," North Florida Section of the AWWA, 2011
PRESENTATIONS
• "Electric Utility Rates in a Competitive Environment," National Rural Electric Cooperative Association
(NRECA) Managers Conference, 1995
• "Innovative Electric Rates," NRECA Marketing, Member Services and Communication Conference, 1995
• "Electric Utility Rate Making," NRECA National Directors Conference, 1996
• "Water Rates and Conservation Practices," Florida Water Resources Association Conference, 2007
• "Communicating Water Utility Rate Needs," Florida Rural Water Association's Annual Technical and Training
Conference, 2010
PROFESSIONAL HONORS
• AWWA Management and Leadership Division's 2013 Best Paper Award
RAFTELIS 36
Thierry Boveri CGFM
TECHNICAL ADVISOR
Vice President
ROLE
Thierry will provide oversight for the project ensuring it meets both Raftelis and
industry standards.
PROFILE
Thierry brings a client -focused approach with a strong desire to provide value and
client satisfaction. Thierry has performed numerous utility revenue sufficiency and
cost -of -service studies for more than 55 local governments throughout the United
States, prepared financial feasibility and disclosure reports totaling over $1.5 billion
in debt proceeds issued through the traditional bond market, state revolving loans,
and rural development loans; and assisted in a variety of economic and
miscellaneous fee studies. Thierry has also been involved in the formulation of
financial policies regarding liquidity and financial position related to industry best
management practices. He has supported contract negotiations and provided other
related utility and management advisory services.
Thierry is an active member of AWWA, WEF, GFOA and SWANA through his
participation on several committees, periodic conference presentations on subject
matters ranging from effective utility management (EUM) to the Circular Economy
and as a principal author to WEF's Manual of Practice No. 27, Financing and Charges
for Wastewater Systems and the WEF Water Reuse Road Map. Thierry served on the
selection committee for WEF's inaugural national Stormwater and Green
Infrastructure Symposium.
KEY LONG-TERM CLIENT PROJECT EXPERIENCE
City of Sunrise (FL)
Thierry has assisted the City of Sunrise (City) since 2007, including periodic
revenue sufficiency evaluations, financial evaluations in support of the City's Utility
Master Plan and reclaimed water rate evaluations. During 2010, Thierry performed
a detailed utility rate evaluation and a subsequent bond feasibility study, the
primary purpose to support the capital program identified in the City's utility master
plan. The study resulted in the adoption of a 40% rate increase to fund the capital
improvement program and issuance of approximately $118,615,000 of Utility
System Revenue Bonds, Series 2010 (which included Federally Taxable Build
America Bonds). Thierry serves as a primary point of contact and project manager
for the most recent engagements.
Specialties
• Water & sewer rate study
• Solid waste study
• Bond/state loan feasibility study
• Utility acquisition/valuations
wholesale service rates
• Impact fee study
• Business/strategic
plans/negotiations
• Desktop financial asset evaluation/
reinvestment
• Cost/benefit analysis
• Financial policies/best management
practices
Professional History
• Raftelis: Vice President (2022 -
present); Senior Manager (2019-
2021); Associate, PRMG (2005-
2019)
Education
• Bachelor of Arts in Economics;
Bachelor of Arts in International
Business - Rollins College (2005)
Certifications
• Certified Govemment Financial
Manager, No. 15483
Professional Memberships
• AWWA: Florida Section - Finance &
Rates Committee
• WEF: Utility Management
Committee
• Govemment Finance Officers
Association
• Solid Waste Association of North
America: Florida — Board of
Directors; Finance & Planning
Committee
Hillsborough County (FL)
Hillsborough County is located on the gulf coast of central Florida with a population of 1.5 million. Thierry has
performed a variety of services for Hillsborough County (County) since 2007, including annual updates to the water,
wastewater, and solid waste financial forecast models. Specifically, Thierry began assisting the County through
RAFTELIS 37
improvements to the water and wastewater financial management dashboard and development of a detailed
customer statistical and revenue model used in the County's budget process. Thierry was the principal analyst in the
development of a comprehensive solid waste financial forecast model used by staff to identify revenue sufficiency
and rate design relative to solid waste fees and to aid in cost benefit decisions related to solid waste disposal options,
negotiations, economic analyses of fixed and marginal costs and other fiscal related analyses. Thierry has assisted
the County with the recent issuance of the water and wastewater system Utility Revenue Bonds Series 2016 in the
principal amount of approximately $208 million and the Solid Waste and Resource Recovery Facility Bonds Series
2016 A/B in the combined principal amount of approximately $114 million. Thierry has also assisted the County
with review of contracts and validation of compliance with application of indexing provisions to charges by the
County's solid waste franchise haulers.
Lee County (FL)
Lee County is located along the southern gulf coast of Florida with a population of 770,000. Thierry has served Lee
County (County) since 2011 with development of comprehensive revenue sufficiency and rate studies for the water
and wastewater system and solid waste system resulting in the adoption of multi -year rate plan, financial policies,
issuance of indebtedness and recommendations concerning development and changes to bond covenants,
miscellaneous fees, review of service agreements, and other activities. The adopted rate plans included review of
trends in historical operating results and detailed customer and tonnage billing statistical analysis, forecast of the net
revenue requirements, and identification of a capital financing plan and cash flow evaluation, and the design of rates
for service. Subsequent to the rate evaluation, Thierry assisted the County in development of a detailed financial
policy as adopted by the Board of County Commissioners to formalize the financial management goals including:
maintenance of operating and capital reserves, limitations on the issuance of debt, cash flow for capital reinvestment
and long-term revenue sufficiency. Thierry also assisted the County in the development of an abridged financial
model (capital planning tool) specifically designed for use by staff to determine effects on financial position and
rates over various capital financing scenarios and overall capital funding levels.
Manatee County (FL)
Thierry has assisted Manatee County (County) with a comprehensive cost -of -service study for the water and
wastewater system which resulted in the adoption of the recommended rate design. Subsequent to the rate
evaluation, Thierry assisted the County in the financial due diligence and financial feasibility report supporting the
issuance of $78.1 million in utility revenue bonds for funding improvements to the water, wastewater, solid waste,
and stormwater utility system. Thierry is currently assisting the County with a revenue sufficiency and financial
forecast study for the water and wastewater utility, which included the formulation of internal policies for financial
management targets to promote the overall credit worthiness of the utility in anticipation of potential issuance of
additional bonds identified in the near -term.
Martin County (FL)
Thierry has performed a variety of services for Martin County (County) since 2005, including annual updates to the
water and wastewater financial forecast and periodic updates of the solid waste models. Thierry has assisted the
County with the issuance of the Utilities System Improvement Revenue Bonds Series 2009 issued in the principal
amount of approximately $36.7 million. Thierry served as the project manager for the most recent engagement.
City of Cooper City (FL)
Thierry has assisted the City of Cooper City (City) since 2007, including periodic revenue sufficiency evaluations,
financial evaluations in support of the City's Utility Master Plan, development of conservation tiered rates and
presentation of rate recommendations to City Commission. Thierry served as the primary analyst and project
manager for the most recent engagement.
RAFTELIS 38
Fairfax County (VA)
Thierry has been the lead analyst and project manager for Fairfax County (County) with a population of 1.15
million located adjacent to Washington DC, since 2012, performing annual updates to the detailed revenue
sufficiency analysis, availability fee determination and rate evaluation for the wastewater utility. As part of the
annual study updates, Thierry participates in the annual planning conference with utility management to identify
critical issues facing the utility. The issues addressed through the annual studies have included, but are not limited
to:
• Modeling and analyzing the contractual relationships and the cost of treatment capacity among the County's
own WWTP relative to its capacity entitlements with five other local governments/authorities;
• Assisting in establishing quarterly fixed charges through analyses to determine the appropriate level of fixed cost
recovery;
• Determining and justifying the current level of "Pay -Go" capital reinvestment from user rate revenues (currently
at 3% of gross fixed assets) through desktop evaluation of fixed asset records;
• Assisting in the formulation of the methodology, valuation and structure of the sale of capacity by the County to
existing wholesale customers;
• Analyzing potential causes for differences among reported revenues and billed revenues.
• Assisting in the valuation of wastewater treatment capacity sale; and
• Assisting in analyzing funding policies for line oversizing and extension associated with redevelopment.
This process of continual evaluation of the County's financial position and evaluation of specific rate study
objectives that are ever evolving has been effective in supporting a sustainable financial plan with predictable rate
needs.
WATER AND WASTEWATER PROJECT LIST
• Alexandria Renew Enterprises (VA)
• City of Arcadia (FL)
• Brevard County (FL)
• Captiva Island (FL)
• Collier County (FL)
• Crossings at Fleming Island CDD (FL)
• Daphne (AL)
• DeSoto County (FL)
• Dunes CDD (FL)
• Hernando County (FL)
• Town of Jupiter (FL)
• Key Largo Wastewater Treatment District (FL)
• Town of Leesburg (VA)
• Loudoun County (VA)
• City of Miramar (FL)
• Sarasota County, FL
• South Martin Regional Utility (FL)
• City of St. Marys (GA)
• Stafford County (VA)
• City of Sunrise (FL)
• City of Winchester (VA)
• City of Zephyrhills (FL)
RAFTELIS 39
Michelle Galvin
LEAD ANALYST
Consultant
ROLE
Michelle will serve as the Lead Consultant and will work at the direction of Joe in
conducting analyses and preparing deliverables for the project.
PROFILE
With a background in statistical analysis and surveying, Michelle joined Raftelis as
an intern in 2018 and later became a Consultant upon graduating from the
University of Central Florida in May 2019. Her primary expertise includes
municipal impact fee development, utility financial and rate analyses, functional
population, and customer billing statistics.
KEY PROJECT EXPERIENCE
Specialties
• Municipal impact fee development
• Utility financial and rate analyses
• Rate modeling
• Functional Population
• Data collection and analysis
Professional History
• Raftelis: Consultant (2022 -present);
Associate Consultant (2019-2021);
Intern (2018-2019)
Education
• Bachelor of Science in Statistics -
University of Central Florida (2019)
Town of Wilton Manors (FL)
Michelle served as an associate consultant on a project with the Town of Wilton Manors (Town) to provide a water,
wastewater, and stormwater revenue sufficiency study. Michelle analyzed customer statistics, wholesale
agreements, and capital improvement programs to forecast a ten-year projection of the Town's utility operations.
She also developed a model to calculate municipal impact fees and utility connection fees.
City of Auburndale (FL)
Michelle severed as an associate consultant for the City of Auburndale (City) on a project to provide a water and
wastewater revenue sufficiency study and update existing water and wastewater connection fees. She developed a
model that forecasted rate revenues, operating expenses, capital projects, wholesale purchases, and debt to project
revenue requirements and assist in providing rate recommendations.
City of Lake Wales (FL)
Michelle served as an associate consultant for the City of Lake Wales (City) on a project to calculate water and
wastewater connection fees and municipal impact fees. She developed a functional population model to calculate
impact fee equivalencies based on land uses. She developed a model to calculate municipal impact fees for police,
fire, parks and recreation, and library in addition to water and wastewater connection fees.
City of Tavares (FL)
Michelle served as an associate consultant on a project with the City of Tavares (City) to provide a water and
wastewater revenue sufficiency study. Michelle analyzed customer statistics, debt agreements, and capital
improvement programs to forecast a projection of the City's utility operations.
City of DeFuniak Springs (FL)
Michelle served as an associate consultant for the City of DeFuniak Springs (City) to calculate police and fire
services impact fees. She developed a functional population model to calculate impact fee equivalencies based on
land uses.
RAFTELIS 40
City of Ormond Beach (FL)
Michelle served as an associate consultant on a project with the City of Ormond Beach (City) to calculate municipal
impact fees and utility connection charges. She developed a functional population model to calculate impact fee
equivalencies based on land uses. She used the model to calculate police, fire, and parks and recreation impact fees
along with water and wastewater connection charges.
St. Johns County (FL)
Michelle served as an associate consultant on a project with St. Johns County (County) to provide water and
wastewater financial consulting services. She has created a comprehensive financial model to analyze rates,
revenues, debt service, debt service coverage, and reserves over a 10 -year forecast period. Michelle has also assisted
with a cost -of -service study. This project includes analyzing the existing and projected cost basis of utility operations
and evaluating the appropriateness of its existing water and wastewater rate structures.
City of Lake Clarke Shores (FL)
Michelle served as an associate consultant on a project with the City of Lake Clarke Shores (City). She developed a
financial model to provide water and wastewater consulting services. She modeled several water and wastewater
wholesale agreements to calculate costs to the City.
Wakulla County (FL)
Michelle served as an associate consultant on several projects with Wakulla County (County). She has created a
wastewater revenue sufficiency model to forecast twenty years of County utility operations. She has also worked on
a wastewater connection fee study which she analyzed current wastewater treatment facilities, wastewater assets,
and planned system improvements to come up with a connection fee for the County. She also assisted with an
analysis of the County's existing wastewater miscellaneous fees.
Bonita Springs Utilities, Inc. (FL)
Michelle served as a consultant for Bonita Springs Utilities Inc. (Utility) to review existing water and wastewater
miscellaneous charges and provide recommendations for additional fees. She developed an interactive model and
interviewed staff to calculate and recommend fees for the Utility.
City of Cape Canaveral (FL)
Michelle served as a consultant for the City of Cape Canaveral to perform a wastewater revenue sufficiency analysis
for the City. She developed a model that forecasted revenue sufficiency, fiscal requirements, CIP funding, and
identified necessary rate adjustments for the City's wastewater system.
Tampa Bay Water (FL)
Michelle served as an associate consultant on a project for Tampa Bay Water. She has assisted on a project to
develop a uniform way of allocating credits to member governments for reclaimed water capital projects that
benefits Tampa Bay Water. She has also helped with interviews with all member governments.
Town of Dundee (FL)
Michelle served as an associate consultant for the Town of Dundee (Town) on a project to calculate water and
wastewater connection fees and municipal impact fees. She developed a functional population model to calculate
impact fee equivalencies based on land uses. She developed a model to calculate impact fees for fire, parks and
recreation, library, water, and wastewater.
RAFTELIS 41
City of Frostproof (FL)
Michelle served as an associate consultant for the City of Frostproof (City). She analyzed customer billing statistics
to assisted with rate design and created a model to forecast the City's financials over a ten-year period.
City of Dunnelion (FL)
Michelle served as an associate consultant on a project with the City of Dunnellon (City). She developed a financial
model to determine appropriate development impact fees for the City's Police and Parks departments.
City of Fort Walton Beach (FL)
Michelle served as an associate consultant on a project with the City of Fort Walton Beach (City) to provide water,
wastewater, stormwater, and sanitation financial consulting services. She has created a comprehensive financial
model to analyze rates, revenues, debt service, debt service coverage, and reserves over a five-year period.
Regional Utilities, Florida Community Services Corporation of Walton County (FL)
Michelle served as an associate consultant on a project with Regional Utilities (Utility) to provide a water and
wastewater revenue sufficiency study. The project involved an analysis of operating revenue requirements, existing
fixed capital assets, customer growth, and future capital improvement projects. Michelle also assisted with a rate
design study which includes analyzing and evaluating alternate rate structures for the Utility that remains revenue
neutral.
City of Riviera Beach (FL)
Michelle served as an associate consultant on a project with the City of Riviera Beach to provide a water and
wastewater revenue sufficiency study. The project involved an analysis of operating revenue requirements, existing
fixed capital assets, customer growth, and future capital improvement projects.
City of St. Cloud (FL)
Michelle served as an associate consultant on a project with the City of St. Cloud to provide a water and wastewater
revenue sufficiency study. The project involved an analysis of operating revenue requirements, existing fixed capital
assets, customer growth, and future capital improvement projects.
2022, 2020, 2108 Florida Water and Wastewater Surveys
Michelle assisted with contacting and following up with utilities all across Florida. She assembled the surveyed data
with included over 200 utilities and provided analyses, charts, and tables for the survey publications.
RAFTELIS 42
Tristen Townsend
ANALYST
Associate Consultant
ROLE
Tristen will work at the direction of Joe in conducting analyses and preparing
deliverables for the project.
PROFILE
While at Raftelis, Tristen has contributed to projects involving water,
wastewater, and stormwater enterprise systems, municipal impact fee
development, and building fees. These projects have focused on the
evaluation of financial position and involved developing revenue and expense
projections, analyzing customer data, and developing client specific financial
models. Tristen earned her master's degree from Duke University in
Environmental Management and has bachelor's degrees in Environmental
Science and Mathematics from the University of Florida. During graduate
school, she served as a student consultant for the North Carolina Department
of Environmental Quality and interned at DC Water.
KEY PROJECT EXPERIENCE
City of Marathon (FL)
Raftelis is currently engaged with the City of Marathon (City) to provide a
financial forecast for the wastewater and stormwater utilities. Tristen assisted
with the model development, which includes highly detailed budget
projections due to operating contracts and evolving customer characteristics
in addition to revenue generation, reserve balances, capital improvement
funding.
Specialties
• Water and wastewater fees
• Municipal impact fee development
• Financial modeling/forecasting
• Data analysis and visualization
Professional History
• Raftelis: Associate Consultant
(2022 -present)
• Florida Department of Health —
Hillsborough County: Environmental
Specialist II (2021-2022)
• North Carolina Department of
Environmental Quality: Student
Consultant (2019-2020)
• DC Water: Performance Intern
(2019)
• Nicholas School of the Environment
— Research Assistant (2018-2019)
• City of Lakeland Water Utilities —
Intem (2018)
Education
• Master of Environmental
Management in Water Resources
Management — Nicholas School of
the Environment, Duke University
(2020)
• Bachelor of Science in
Environmental Science — University
of Florida (2017)
• Bachelor of Arts in Mathematics —
University of Florida (2017)
City of Kissimmee (FL)
Tristen served as an associate consultant on a project with the City of
Kissimmee (City) to calculate municipal impact fees. Prior to this study, the City did not charge impact fees for
police or fire services. Tristen developed a functional population model to calculate impact fee equivalencies based
on different types of expected future development. She used the model to calculate police, fire, and parks and
recreation impact fees and though the City is still working through the adoption process of the fees, they are
anticipated to be enacted in the near future.
City of Port Orange (FL)
Tristen served as the lead analyst on a project with the City of Port Orange (City). The City hired Raftelis to
perform a financial update for the City's impact fees, including services of water and wastewater as well as police,
fire, transportation, and parks and recreation. Prior to this study, the City did not charge impact fees for police
services. Tristen developed a functional population model to calculate impact fee equivalencies based on different
types of expected future development. She used the model to calculate police, fire, and parks and recreation impact
fees.
RAFTELIS 43
City of Denison (TX)
The City of Denison (City) retained Raftelis to establish new impact fees for water, wastewater, and transportation
facilities in an effort to provide adequate funding for the City's infrastructure investments required to accommodate
growth and provide the appropriate level of service. Tristen was the lead analyst for development of the
transportation impact fees, and helped create a 10 -year model with detailed forecasts supporting demand
requirements as well as the capacity provided by the future investments to serve this new development. The Texas
state statute identifies several constraints and limitations on calculating impact fees, which were navigated by the
project team to provide the necessary road improvements.
City of Dunedin (FL)
Tristen served as the lead analyst for a marina rate study for the City of Dunedin (City). She helped develop a 10 -
year revenue sufficiency to assess the financial sustainability of the marina enterprise fund. Tristen worked with City
staff to review data and assumptions, and created a financial forecast which included detailed budget projections,
capital improvement funding, projection of revenue generation, and a pay -go cash target. She supported rate design
analysis for the marina based on common methodologies in the industry and used Qualtrics to perform a
benchmarking survey of marinas in the local region to inform operations. Tristen helped create detailed
presentations for the Marina Advisory Committee, Finance Committee, and City Commission and presented study
findings and recommendations at a City Commission workshop.
City of Bunnell (FL)
Tristen served as the lead analyst to provide a financial forecast for the City of Bunnell's water and wastewater
utilities. She assisted with the model development, which included updating highly detailed budget projections,
capital improvement funding, and projection of revenue generation and reserve balances.
PROJECT LIST
• City of Eustis (FL) — Water, wastewater, and reclaim rate study*
• City of Marathon (FL) — Building fee study
• City of Flagler Beach (FL) — Water and wastewater rate study
• Florida Keys Aqueduct Authority (FKAA) (FL) — Navy water rate contract study
• City of Fort Walton Beach (FL) — Solid waste rate study*
• Key Largo Wastewater Treatment District (FL) — Wastewater rate study
• Town of Jupiter Island/South Martin Regional Utility (FL) — Water rate price index study
• City of Ocoee (FL) — Water, wastewater, and reclaim rate study*
• City of Pompano Beach (FL) — Undergrounding fee -in -lieu study
• City of St. Cloud (FL) — Stormwater rate study*
• Village of Wellington (FL) — Building fee study*
• City of Winter Haven (FL) — Municipal impact fee study, building fee study*
*Ongoing
RELEVANT PROFESSIONAL EXPERIENCE
Florida Department of Health — Hillsborough County: Environmental Specialist 11 (2021-2022)
The Florida Department of Health — Hillsborough County is the primacy agency for implementation of the Safe
Drinking Water Act in Hillsborough County. Tristen worked as an Environmental Specialist II in the Safe Drinking
Water Program. She was responsible for performing sanitary surveys, complaint investigations, and compliance
inspections for public water systems and identifying corrective actions to ensure system compliance. Tristen
RAFTELIS 44
evaluated applications for well sitings and plant modification permit clearances and oversaw the Consumer
Confidence Report (CCR) program, reviewing CCRs for accuracy, providing guidance for mandated reports, and
tracking system compliance. Her work also included creating and maintaining internal databases used for advanced
merge letters, public notices, inspection forms by Safe Drinking Water staff.
North Carolina Department of Environmental Quality: Student Consultant (2019-2020)
The North Carolina Department of Environmental Quality is responsible for developing water quality standards,
rules, and management strategies. Tristen was on a team of students tasked with analyzing ambient water quality
monitoring data to provide recommendations for nutrient criteria and harmful algal bloom management strategies
for lakes and reservoirs in North Carolina. Her work included the development of hierarchical models and
multivariate analysis to assess temporal trends and identify relationships between phytoplankton communities and
water quality parameters.
DC Water: Performance Intern (2019)
DC Water is a drinking water and wastewater utility serving over 700,000 residents and 21 million annual visitors in
the District of Columbia. Tristen worked under the Director of Sustainability and Watershed Management. Her
primary role was synthesizing data to inform development of an enterprise -wide sustainability strategy. Tristen's
work included performing discourse and freelisting analyses to identify shared sustainability priorities among staff.
She also drafted abstracts, papers, and presentations for scientific and management conferences related to water
affordability, integrated planning, and sustainability.
Nicholas School of the Environment: Research Assistant (2018-2019)
Tristen was a research assistant at the Nicholas Institute of Environmental Policy through the Nicholas School of
the Environment. She performed literature reviews of existing water infrastructure finance mechanisms and
complied relevant case studies of water systems to assess how various system characteristics may allow for more
innovative finance mechanisms to be used.
City of Lakeland Water Utilities: Intern (2018)
City of Lakeland Water Utilities is a municipal water and sewer utility serving the residents of Lakeland, Florida.
Tristen worked at a constructed wetland treatment park called Se7en Wetlands which provides tertiary treatment for
all the City's wastewater. She designed multiple interpretive signs for the park to educate visitors about the local
watershed, how treatment wetlands improve water quality, and native plant and animal species. Additionally,
Tristen assisted with developing a new volunteer program by writing volunteer job descriptions, as well as creating
educational outreach materials for students.
PRESENTATIONS
• "How Sustainability and ESG Intersect and Differ", WEF/AWWA Utility Management Conference, 2023 (Co -
presenter)
PUBLICATIONS
• "Sustainability at DC Water: Concept Development, Input, and Reporting", WEF/AWWA Utility
Management Conference, 2020 (Co -Author)
• "Water Challenges in Smart Cities", Denton Global Smart Cities & Communities Think Tank, 2019 (Co -
Author)
RAFTELIS 45
TJ Sp eight
ANALYST
Associate Consultant
ROLE
TJ will work at the direction of Joe in conducting analyses and preparing
deliverables for the project.
PROFILE
TJ has contributed to projects for water, wastewater, solid waste, and
stormwater systems. These projects have focused on revenue sufficiency
analyses, impact fee development analyses, customer statistical analyses,
financial sensitivity analyses, design of retail rates, design of miscellaneous
fees, and meter replacement cost benefit analyses.
KEY PROJECT EXPERIENCE
City of Daytona Beach (FL)
TJ has assisted with analysis completed during the Fiscal Year 2020 water
and wastewater utility rate study which was prepared during the COVID-19
pandemic. TJ, assisted in the preparation of a capital asset analysis, which was prepared in support of the derivation
of impact fee. He also developed a cost vs. benefit analysis which analyzed over 1 million pieces of customer billing
and metering data in order to in order to develop a mctcr replacement prioritization program to assist the City in its
meter replacement program.
Specialties
• Financial modeling
• Utility rate analysis
• Revenue sufficiency studies
• Customer billing analysis
Professional History
• Raftelis: Associate Consultant
(2020 -present)
Education
• Bachelor of Science in Business
Administration, Project Management
— Elon University (2020)
Certifications
• Microsoft Office Specialist — Excel
Certified
City of West Palm Beach (FL)
TJ has assisted with multiple projects for West Palm Beach including assisting in the analysis of the Stormwater
Rate Study. This comprises developing a financial forecast, revenue sufficiency and impact fee evaluation for the
water and wastewater system. TJ also assisted with researching rates in the surrounding municipalities for the water,
wastewater, and stormwater utility rate study and customer comparative billing analysis.
Newton County Water & Sewerage Authority (GA)
TJ provided financial analysis of research for the revenue sufficiency analysis and model update for the client.
Hernando County (FL)
TJ completed research for collection fees, plant fees, and rates for the solid waste department. This allowed for a
comparative solid waste rate analysis to be conducted for the County. He also performed data input, rolling forward
the financial model and evaluating/developing data.
PROJECT LIST
• City of Daytona Beach (FL) — Utility revenue sufficiency and rate and charge study
• Gulf County (FL) — Acquisition evaluation of Lighthouse Utilities Company, Inc.
• Hernando County (FL) — Water and wastewater utility 2021 revenue sufficiency analysis update
• Newton County Water & Sewerage Authority (GA) — Revenue sufficiency analysis and model update
• Village of Wellington (FL) — Building fee evaluation
RAFTELIS 46
• City of West Palm Beach (FL) — Water, wastewater, and stormwater utility rate study and customer comparative
billing analysis
• Hillsborough County (FL) — Solid waste utility rate study
• Lee County (FL) - Water and wastewater utility 2022 revenue sufficiency analysis update
• City of Sanford (FL) — Water and wastewater Utility rate study
• Islamorada, Village of Islands (FL) — Wastewater rate and system development charge study
• Citrus County (FL) — Septic to sewer analysis
• Oconee County (GA) — Water and wastewater utility rate study
RAFTELIS 47
Exceptions
We request that the City consider making the following modifications, shown in red below, to the Professional
Services Agreement. Please contact us if you have any questions or concerns about these modifications.
III. SCOPE OF SERVICES AND TERMS OF PERFORMANCE
E. The Consultant shall be solely responsible for compliance with allapplicable federal, state, county, and local laws,
rules and/or regulations, and lawful orders of public authorities including those set forth in this Agreement and that;
in any manner, could bear on the Services and the Contract Documents including, but not limited to all rules and
regulations related to safety and compliance therewith. Omission of any applicable laws, ordinances, rules,
regulations, standards or orders by the City in the Contract Documents shall not relieve the Consultant of its
obligations to comply with all laws fully and completely. Upon request, the Consultant shall furnish certificates of
compliance with all such laws, orders and regulations to the City. The Consultant shall be responsible for obtaining
all necessary permits and licenses required for performance and completion of the Services.
G. The City will provide information, data and other City documents relating to the Services, including information
relating to the current and past billing rates, cycles, procedures, etc. associated with water, wastewater, and
stormwater management, which is in the possession and control of the City. Information for any additional tasks
will be set forth in each respective task order for additional services. The Consultant may rely on all information,
data and other City documents provided by or on behalf of the City without additional investigation.
H. All reports, studies, and other documents, including copyright rights associated therewith, provided to the City
as part of the Services shall become and remain the sole property of the City. The Consultant warrants that the
Services, and all works, documents, goods and services associated therewith do not infringe on any patent,
trademark, copyright or trade secret of any third parties and agrees to defend, indemnify and hold harmless the City,
its officers, agents, employees, trustees and its successors and assigns, from and against any and all liabilities, loss,
damage or expense, including, without limitation, court costs and reasonable attorneys' fees, arising out of any
infringement or claims of infringement of any patent, trade name, trademark, copyright or trade secret by reason of
the sale or use of any goods or services purchased under this Agreement. Nothing in this Agreement shall be
deemed or construed as a transfer or divestiture by the Consultant of any of its intellectual property, know-how or
trade secrets.
VII. ASSIGNABILITY AND SUBCONTRACTING
A. The terms and provisions of the Contract Documents shall be binding upon the Parties, their respective partners,
successors, heirs, executors, administrators, assigns and legal representatives. However, the rights and obligations of
the Consultant may not be transferred, assigned, sublet, mortgaged, pledged or otherwise disposed of or
encumbered in any way without the City's prior written consent. The CtyConsultant may subcontract a portion of
its obligations to other firms or parties but only after having first obtained the written approval of the subcontractor
by the City. If Consultant's assignee or subcontractor fails to perform in accordance with the terms of its assignment
or subcontract, Consultant shall complete or pay to have completed the work which the assignee or subcontractor
failed to complete at no additional
RAFTELIS 48
cost to the City. Additionally, in the event of any breach or noncompliance by any of Consultant's assignee(s) or
subcontractor(s), Consultant shall be directly and wholly responsible for any such breach or noncompliance and
shall bear all attributable costs.
school boards, community colleges, municipalities, transit authorities, special districts, or other public agencies or
authorities.
XI. INDEMNIFICATION
A. The Parties recognize that Consultant is an independent contractor. Consultant agrees to assume liability for and
indemnify, and hold harmless, and defend the City, its commissioners, mayor, officers, and employees, agents, and
attorneys of, from, and against all liability and expense, including reasonable attorneys' fees in connection with any
and all claims, demands, damages, actions, causes of action, and suits in equity of whatever kind or nature,
including claims for personal to the proportionate extent cause by the Consultant's negligent
injury, property damage, relief, or loss of use, arising out of the execution, performance, nonperformance, or
enforcement of this Agreement, or resulting from activities in any way connected to this Agreement, whether or not
due to or caused by the negligence of the City, its commissioners, mayor, officers, employees, agents and attorneys.
Consultant's liability hereunder shall include all attorneys' fees and costs incurred by the City, in the enforcement of
this indemnification provision.in the performance of this Agreement. This indemnification provision includes
claims made by any employees of Respondent against the City, and Consultant hereby waives its entitlement, if
any, to immunity under Section 440.11, Florida Statutes. The obligations contained in this provision shall survive
the termination of this Agreement, however terminated, for 36 months and shall not be limited by any amount of
insurance required to be obtained or maintained under this Agreement. Nothing contained herein shall be construed
as a waiver of any immunity or limitation of liability the City may be entitled to under the doctrine of sovereign
immunity or Section 768.28, Florida Statutes.
B. Subject to the limitations set forth isin this provision, the Consultant shallmay assume control of the defense of
any claim asserted by a third party against the City arising from or in any way related to this Agreement and, in
connection with such defenses, shall appoint lead counsel, in each case at the Consultant's expense. The Consultant
shall have the right, at its option, to participate in the defense of any third -party claim, without relieving the
Consultant of any of its obligations hereunder. If the Consultant assumes control of the defense of any third -party
claim in accordance with this paragraph, the Consultant shall obtain the prior written consent of the City before
entering into any settlement of such claim. Notwithstanding anything to the contrary in this provision, the
Consultant shall not assume or maintain control of the defense of any third party claim, but shall pay the fees of
counsel retained by the City and all expenses including experts' fees, if (i) an adverse determination with respect to
the third party claim would, in the good faith judgment of the City, be detrimental in any material respect of the
City's reputation; (ii) the third party claim seeks an injunction or equitable relief against the City; or (iii) the
Consultant has failed or is failing to prosecute or defend vigorously the third party claim. Each party shall
cooperate, and cause its agents to cooperate, in the defense or prosecution of any third -party claim and shall furnish
or cause to be furnished such records and information, and attend such conferences, discovery proceedings,
hearings, trials, or appeals, as may be reasonably requested in connection therewith.
X. ATTORNEYS' FEES In the event of legal action or other proceeding arising under this Agreement, the
City shall be entitled to recover from Consultant all its reasonable attorneys' fees and costs incurred by the City in
RAFTELIS 49
the prosecution or defense of such action, or in any post judgment or collection proceedings and whether incurred
before suit, at the trial level or at the appellate level, to the extent Consultant is obligated to indemnify the City
pursuant to Section IX.A. This shall include any bankruptcy proceedings. The City also shall be entitled to recover
any reasonable attorneys' fees and costs incurred in litigating the entitlement to attorneys' fees and costs, as well as
in determining the amount of attorneys' fees and costs due to the City..-, to the extent Consultant is obligated to
indemnify the City pursuant to Section IX.A. The reasonable costs to which the City will be entitled include costs
that are taxable under any applicable statute, rule, or guideline, as well as costs of investigation, copying costs,
electronic discovery costs, mailing and delivery charges, costs of conducting legal research, consultant and expert
witness fees, travel expenses, court reporter fees and mediator fees, regardless of whether such costs are taxable
under any applicable statue, rule or guideline.
RAFTELIS 50
This page was intentionally left blank to facilitate two-sided printing
RAFTELIS 51
PART H
SWORN STATEMENT PURSANT TO SECTION 287.133(3)(a), FLORIDA STATUES, ON
PUBLIC ENTITY CRIMES
THE FORM MUST BE SIGNED AND SWORN TO IN THE PRESENCE OF A NOTARY PUBLIC OR OTHER OFFICIAL AUTHORIZED TO
ADMINISTER OATHS.
I . This sworn statement is submitted to Raftelis Financial Consultants, Inc.
(Print name of the public entity)
by Jon Davis, Executive Vice President
(Print individual's name and title)
for Raftelis Financial Consultants. Inc.
(Print name of entity submitting sworn statement)
whose business address is 227 West Trade Street, Suite 1400
Charlotte, NC 28202
and (if applicable) its Federal Employer Identification Number (FEIN) is 20-1054069
(If the entity has no FEIN, include the Social Security Number of the individual signing this sworn statement).
2. i understand that a "public entity crime" as defined in Paragraph 287.133(1)(g), Florida Statutes, means a violation of
any State or Federal law by a person with respect to and directly related to the transaction of business with any public
entity or with an agency or political subdivision of any other state or with the United States including, but not limited
to, any bid proposal, reply or contract for goods or services, any lease for real property, or any contract for the
construction or repair of a public building or public work, involving antitrust, fraud, theft, bribery, collusion,
racketeering, conspiracy or material misrepresentation.
3.
1 understand that "convicted" or "conviction" as defined in Paragraph 287.133(1)(b), Florida Statutes, means a finding
of guilt or a conviction of public entity crime, with or without an adjudication of guilt, in any federal or state trial court
of record relating to charges brought by indictment or information after July 1, 1989, as a result of a jury verdict, non -
jury trial, or entry of a plea of guilty or nolo contendere.
4. I understand that an "affiliate" as defined in Paragraph 287.133(1)(a), Florida Statutes means:
a. A predecessor or successor of a person convicted of a public entity crime; or
b. An entity under the control of any natural person who is active in the management of the entity and who has
been convicted of a public entity crime. The term "affiliate" includes those officers, directors, executives,
partners, shareholders, employees, members and agents who are active in the management of an affiliate. The
ownership by one (1) person of shares constituting a controlling interest in another person, or a pooling of
equipment or income among persons when not for fair market value under the arm's length agreement, shall
be a prima facie case that one
(1) person controls another person. A person who knowingly enters into a joint venture with a person who
has been convicted of a public crime in Florida during the preceding thirty-six (36) months shall be considered
an affiliate.
5. I understand that a "person" as defined in Paragraph 287.133(1)(e), Florida Statutes means any natural person or
any entity organized under the laws of any state or of the United States with the legal power to enter into a binding
31
RAFTELIS 52
contract and which bids or applies to bid on contracts let by a public entity, or which otherwise transacts or applies
to transact business with a public entity. The term "person" includes those officers, directors, executives, partners,
shareholders, employees, members and agents who are active in the management of the entity.
6. Based upon information and belief, the statement, which I have marked below, is true in relation to the entity
submitting this sworn statement (indicate which statement applies).
x
Neither the entity submitting this sworn statement nor any of its officers, directors, executives, partners,
shareholders, employees, members or agents who are active in the management of this entity nor any affiliate of the
entity has been charged with and convicted of a public entity crime subsequent to July 1, 1989.
The entity submitting this sworn statement or one (1) or more of its officers, directors, executives, partners,
shareholders, employees, members or agents who are active in the management of this entity or an affiliate of the
entity has been charged with and convicted of a public entity crime subsequent to July 1, 1989.
The entity submitting the sworn statement or one (1) or more of its officers, directors, executives, partners,
shareholders, employees, members or agents who are active in the management of this entity or an affiliate of the
entity has been charged with and convicted of a public entity crime subsequent to July 1, 1989. However, there has
been a subsequent proceeding before a Hearing Office of the State of Florida, Division of Administrative Hearings and
the Final Order entered by the Hearing Officer determined that it was not in the public interest to place the entity
submitting this sworn statement on the convicted vendor list (attach a copy of the final order).
1 UNDERSTAND THAT THE SUBMISSION OF THIS FORM TO THE CONTRACTING OFFICER FOR THE PUBLIC ENTITY
IDENTIFIED IN PARAGRAPH 1 ABOVE IS FOR THE PUBLIC ENTITY ONLY AND THAT THIS FORM IS VALID THROUGH
DECEMBER 31 OF THE CALENDER YEAR IN WHICH IT IS FILED. I ALSO UNDERSTAND THAT I AM REQUIRED TO
INFORM THE PUBLIC ENTITY PRIOR TO ENTERING INTO A CONTRACT IN EXCESS OF THE THRESHOLD AMOUNT
PROVIDED IN SECTION 287.017, FLORIDA STATUTES, FOR CATEGORY TWO OR ANY CHANGE IN THE INFORMATION
CONTAINED IN THIS FORM.
Sworn to and subscribed before me this 20th day of, June 20
Personally known Jon Davis
Or produced identification
Notary Public - State of North Carolina
My Commission expires May 2.2026
Annc G Bryant
(Printed, typed or stamped commissioned
name of Notary Public)
3.1 Proposal Requirements
The proposal shall include the following:
1. Understanding of the Scope of Work.
Describe your understanding of the work to be performed.
32
RAFTELIS 53
Additionally, prior to award of an Agreement pursuant to this RFP, the City may require Proposers to
submit such additional information bearing upon the Proposer's ability to perform the services in the
Agreement as the City deems appropriate.
4-4 FINAL SELECTION
The City of Opa-locka will select the firm that meets the best interests of the City. The City shall be the sole
judge of its own best interests, the proposals, and the resulting negotiated agreement. The City's decisions
will be final. Following the notification of the selected firm, it is expected that an Agreement will be
executed between both parties. City staff will recommend award to the responsible Proposer whose
Proposal is determined to provide overall best value to the City, considering the evaluation factors in this
RFP.
4-5 AWARD AND CONTRACT EXECUTION
After review by the Selection Committee of the proposals and oral presentations a recommendation will
be made to the City Manager for submission to the City Commission for final approval. Upon Commission
authorization, contract negotiations will be initiated with the first ranked firm. If those negotiations are
unsuccessful, the City will formally terminate negotiations with the first ranked firm and will commence
contract negotiations with the next ranked firm, etc. Upon successful contract negotiations with the
prevailing firm, the remaining firms will be notified that the process has been completed and that they
were not selected.
RFP NO. 23-0627200
PROPOSER QUALIFICATIONS
WATER, WASTEWATER AND STORMWATER RATE STUDY
The Proposer, as a result of this proposal, MUST hold a County and/or Municipal Contractor's Occupational License
37
RAFTELIS 54
in the area of their fixed business location. The following information MUST be completed and submitted with the
proposal to be considered:
1. Legal Name and Address:
Name: Raftelis Financial Consultants, Inc.
Address: 341 N. Maitland Avenue, Suite 300
City, State, Zip: Maitland, FL 32751 Phone/Fax: P: 407-960-1806 / F: 407-628-2610
2. Check One: Corporation Partnership 9 ) Individual ()
3. If Corporation, state:
Date of Incorporation: April 24, 2004 State in which Incorporated: North Carolina
4. If an out-of-state Corporation, currently authorized to do business in Florida, give date of such
authorization: February 10, 2005
5. Name and Title of Principal Officers Date Elected:
Peiffer Brandt, CEO and President 1/2007
Elaine Vastis, Executive Vice President 1/2007
Tony Hairston, Vice President 1/2010
Thierry Boveri, Vice President 1/2020
6. The length of time in business: 30 years
7. The length of time (continuous) in business as a service organization in Florida:
N/A years
8. Provide a list of at least three commercial or government references that the bidder has supplied
service/commodities meeting the requirements of the City of 0pa-locka specification, during the last twenty-
four months. A list of references are provided in Part C of the proposal.
9. A copy of County and/or Municipal Occupational License(s)
Note: Information requested herein and submitted by the proposers will be analyzed by the City of Opa-locka and will be a factor considered in awarding any
resulting contract The purpose is to ensure that the Contractors, in the sole opinion of the City of Opa-locka, can sufficiently and efficiently perform all the required
services in a timely and satisfactory manner as will be required by the subject contract If there are any terms and/or conditions that are in conflict, the most
stringent requirement shall apply.
RFP NO: 23-0627200
PRICE PROPOSAL FORM
WATER, WASTEWATER, AND STORMWATER RATE STUDY
38
RAFTELIS 55
State of Florida
Department of State
I certify from the records of this office that RAFTELIS FINANCIAL
CONSULTANTS, INC. is a North Carolina corporation authorized to transact
business in the State of Florida, qualified on February 10, 2005.
The document number of this corporation is F05000000923.
I further certify that said corporation has paid all fees due this office through
December 31, 2023, that its most recent annual report/uniform business report
was filed on February 23, 2023, and that its status is active.
I further certify that said corporation has not filed a Certificate of Withdrawal.
Given under my hand and the
Great Seal of the State of Florida
at Tallahassee, the Capital, this
the Twenty-third day of February,
2023
Secretary of tate
Tracking Number: 5102132576 CC
To authenticate this certificate,visit the following site,enter this number, and then
follow the instructions displayed.
http s: //services. sunb iz. o rg/Fil ings/C ertificate OfS tatus/C a rtif icateAuthentic ation
RAFTELIS 56
/ice
MAITLAND
City of Maitland
1776 Independence Lane, Maitland, FL 32751
(407)539-6248
BUSINESS LICENSE CERTIFICATE
Business Tax Receipt
Business Name: RAFTELIS FINANCIAL CONSULTANTS INC BusinessType(s): 541618 Other Management Consulting
DBA: RAFTELIS Services
Business Location: 341 N MAITLAND AVE 300 Mailing Address: 341 N MAITLAND AVE #300
MAITLAND , FL 32751 MAITLAND, FL 32751
Owner:
License Number: 13791
Issued Date: 9/30/2022
Expiration Date: 9/30/2023
Type Of Business: Finance/Insurance/Real Estate
License Type:
Classification:
Fees Paid:
BTR
Business Tax Reciept
$158.12
NOT VALID UNLESS SIGNED BY CITY OFFICIAL
The person, firm, or corporation named above is hereby granted this receipt for fees paid to the City of Maitland for the business
described above for the period indicated. Granting of this receipt does not entitle the holder to operate or maintain a business in
violation of law or ordinance. The City of Maitland does not guarantee the qualifications of the holder of this receipt.
TO BE POSTED IN A CONSPICUOUS PLACE
RAFTELIS 57
PROPONENT understands and agrees that the Contract Price is the lump sum to furnish and install all of
the Work complete in place. Vendor's price will not be adjusted unless the CITY changes the scope of the
Project after the Contract Date.
As such, the Vendor shall furnish all labor, materials, equipment, tools, superintendence and services
necessary to provide a complete, in place Project for the Proposed Price of:
LUMP SUM PRICE: $ $59,360
SUBMITTED DAY
THIS 23 OF
BID SUBMITTED BY:
June
2023.
Raftelis Financial Consultants, Inc. 407-960-1811
Company
Telephone Number
Tony Hairston 407-628-2610
Name of Person Authorized to
Submit Bid
Signature
Vice President
Title
Fax Number
ahairston@raftelis.com
Email Address
CITY OF OPA-LOCKA
CERTIFICATION REGARDING DEBARMENT, SUSPENSION
PROPOSED DEBARMENT AND OTHER MATTERS OF
RESPONSIBILITY
1. The Proposer certifies, to the best of its knowledge and belief, that the Proposer and/or any of its
Principals:
39
RAFTELIS 58
A. Are not presently debarred, suspended, proposed for debarment, or declared ineligible for the
award of contracts by any Federal agency.
B. Have not, within a three-year period preceding this offer, been convicted of or had a civil
judgment rendered against them for: commission of fraud or a criminal offense in connection with
obtaining, attempting to obtain, or performing a public (Federal, state, or local) contract or
subcontract; violation of Federal or state antitrust statutes relating to the submission of offers; or
commission of embezzlement, theft, forgery, bribery, falsification or destruction of records, making
false statements, tax evasion, or receiving stolen property; and
C. Are not presently indicted for, or otherwise criminally or civilly charged by a governmental entity
with, commission of any of the offenses enumerated in paragraph 1-B of this provision.
2. The Proposer has not, within a three-year period preceding this offer, had one or more contracts
terminated for default by any City, State or Federal agency.
A. "Principals," for the purposes of this certification, means officers; directors; owners; partners;
and, persons having primary management or supervisory responsibilities within a business entity
(e.g., general manager; plant manager; head of a subsidiary, division, or business segment, and
similar positions). This Certification Concerns a Matter Within the Jurisdiction of an Agency of the
United States and the Making of a False, Fictitious, or Fraudulent Certification May Render the
Maker Subject to Prosecution Under Section 1001, Title 18, United States Code.
B. The Proposer shall provide immediate written notice to the Contracting Officer if, at any time
prior to contract award, the Proposer learns that its certification was erroneous when submitted or
has become erroneous by reason of changed circumstances.
C. A certification that any of the items in paragraph (a) of this provision exists will not necessarily
result in withholding of an award under this solicitation. However, the certification will be
considered in connection with a determination of the Proposer's responsibility. Failure of the
Proposer to furnish a certification or provide such additional information as requested by the
Contracting Officer may render the Proposer non -responsive.
D. Nothing contained in the foregoing shall be construed to require establishment of a system of
records in order to render, in good faith, the certification required by paragraph (a) of this
provision. The knowledge and information of a Proposer is not required to exceed that which is
normally possessed by a prudent person in the ordinary course of business dealings.
E. The certification in paragraph (a) of this provision is a material representation of fact upon which
reliance was placed when making award. If it is later determined that the Proposer knowingly
rendered an erroneous certification, in addition to other remedies available to the Government, the
Contracting Officer may terminate the contract resulting from this solicitation for default.
AS THE PERSON AUTHORIZED TO SIGN THE STATEMENT, I CERTIFY THAT THIS FIRM COMPLIES
FULLY WITH THE ABOVE REQUIREMENTS.
Signature '�'` tr`�`°''�
40
RAFTELIS 59
Printed Name Tony Hairston, Vice President
CITY OF OPA-LOCKA
RFP NO. 23-0627200
DRUG -FREE WORKPLACE CERTIFICATION FORM
Whenever two (2) or more bids/proposals, which are equal with respect to price, quality, and service, are
received by the CITY OF OPA-LOCKA for the procurement of commodities or contractual services, a
bid/proposal received from a business that certifies that it has implemented a drug -free workplace
41
RAFTELIS 60
program shall be given preference in the award process. In order to have a drug -free workplace program,
a business shall:
1. Publish a statement notifying employees that the unlawful manufacture, distribution, dispensing,
possession or use of controlled substances is prohibited in the workplace and specifying the actions
that will be taken against employees for violations of such prohibition.
2. Inform employees about the dangers of drug abuse in the workplace, the business's policy of
maintaining a drug -free workplace, any available drug counseling, rehabilitation, and employee
assistance programs, and the penalties that may be imposed upon employees for drug abuse
violations.
3. Give each employee engaged in providing the commodities or contractual services that are under
bid a copy of the statement specified in number (1).
4. In the statement specified in number (1), notify the employees that as a condition for working on
the commodities or contractual services that are under bid, the employee will abide by the terms of
the statement and will notify the employer of any conviction on or plea of guilty or no contest to any
violation of Chapter 893, Florida Statutes or of any controlled substance law of the United States or
any singular state, for a violation occurring in the workplace no later than five (5) days after such
conviction.
5. Impose a sanction on, or require the satisfactory participation in a drug abuse assistance or
rehabilitation program if such is available in the employee's community by any employee who is so
convicted.
6. Make a good faith effort to continue to maintain a drug -free workplace through implementation of
Section 287.087, Florida Statutes.
This Certification is submitted by
Vice President
Tony Hairston the
(Name)
of Raftelis Financial Consultants, Inc.
(Title/Position) (Company)
who does hereby certify that said Company has implemented a drug -free workplace program, which meets
the requirements of Section 287.087, Florida Statutes, which are identified in numbers (1) through (6)
above.
06/23/2023
Date
Signature
CITY OF OPA-LOCKA
NON -COLLUSION AFFIDAVIT
STATE OF FLORIDA - COUNTY OF MIAMI DADE
Tony Hairston
being first duly sworn, deposes and says that:
42
RAFTELIS 61
(1) He/She/They is/are the Officer
(Owner, Partner, Officer, Representative or Agent) of
Raftelis Financial Consultants, Inc. the PROPONENT that has submitted the attached
prop osal;
(2) He/She/They is/are fully informed respecting the preparation and contents of the attached
Proposal and of all pertinent circumstances respecting such Proposal;
(3) Such Proposal is genuine and is not a collusive or sham Proposal;
(4) Neither the said PROPONENT nor any of its officers, partners, owners, agents, representatives,
employees or parties in interest, including this affiant, have in any way colluded, conspired,
connived or agreed, directly or indirectly, with any other PROPONENT, firm, or person to submit
a collusive or sham Proposal in connection with the Work for which the attached Proposal has
been submitted; or to refrain from Proposing in connection with such Work; or have in any
manner, directly or indirectly, sought by agreement or collusion, or communication, or
conference with any PROPONENT, firm, or person to fix any overhead, profit, or cost elements
of the Proposal or of any other PROPONENT, or to fix any overhead, profit, or cost elements of
the Proposed Price or the Proposed Price of any other PROPONENT, or to secure through any
collusion, conspiracy, connivance, or unlawful agreement any advantage against (Recipient), or
any person interested in the proposed Work;
(5) The price or prices quoted in the attached Proposal are fair and proper and are not tainted by
any collusion, conspiracy, connivance, or unlawful agreement on the part of the PROPONENT or
any other of its agents, representatives, owners, employees or parties of interest, including this
affiant.
Signed, sealed and delivered in the presence of:
By:
Witness Signature
Malinna San Tony Hairston, Vice President
Witness Print Name and Title
NON-DISCRIMINATION AFFIDAVIT
43
RAFTELIS 62
I, the undersigned, hereby duly sworn, depose and say that the organization, business or entity
represented herein shall not discriminate against any person in its operations, activities or delivery of
services under any agreement it enters into with the City of Opa-locka. The same shall affirmatively comply
with all applicable provisions of federal, state and local equal employment laws and shall not engage in or
commit any discriminatory practice against any person based on race, age, religion, color, gender, sexual
orientation, national origin, marital status, physical or mental disability, political affiliation or any other
factor which cannot be lawfully used as a basis for service deliver
Sworn and subscribed before this
20th day of
June
, 2023
1;1.7U
Notary Public,
Anne G Bryant
(Printed Name)
My commission expires:
May 2, 2026
By:
�l1
Tit xecutiLe Vice President
4 I
��\\\c G B ),"/// i
North Carolina _ 0TARr
n
', Natl?G tC0�\\\\`
E -VERIFY
Effective January 1. 2021. public and private employers. contractors and subcontractors will be required
44
RAFTELIS 63
to register with, and use of the E -verify system in order to verify the work authorization status of all newly
hired employees. Vendor/Consultant/Contractor acknowledges and agrees to utilize the U.S. Department
of Homeland Security's E -Verify System to verify the employment eligibility of:
a) All persons employed by Vendor/Consultant/Contractor to perform employment duties within Florida
during the term of the contract; and
b) All persons (including sub-vendors/sub-contractors) assigned by Vendor /Consultant/ Contractor to
perform work pursuant to the contract with the Department. The Vendor /Consultant/ Contractor
acknowledges and agrees that use of the U.S. Department of Homeland Security's E -Verify System during
the term of the contract is a condition of the contract with the City; and
By entering into a Contract, the Contractor becomes obligated to comply with the provisions of Section
448.095, Fla. Stat., "Employment Eligibility," as amended from time to time. This includes but is not limited to
utilization of the E -Verify System to verify the work authorization status of all newly hired employees, and
requiring all subcon tractors to provide an affidavit attesting that the subcon tractor does not employ, con tract
with, or subcontract with, an unauthorized alien. The contractor shall maintain a copy of such affidavit for
the duration of the contract Failure to comply will lead to termination of this Contract, or if a subcontractor
knowingly violates the statute, the subcontract must be terminated immediately. If t contract is terminated
for a violation of the statute by the Contractor, the Contractor may not be awarded a public contract for a
period of 1 year after the date of termination. The Contractor acknowledges it is liable to the City for any
additional costs as a result of termination of the contract due to Contractor's failure to comply with the
provisions herein.
E -VERIFY FORM
Definitions:
45
RAFTELIS 64
"Contractor" means a person or entity that has entered or is attempting to enter into a contract with a
public employer to provide labor, supplies, or services to such employer in exchange for salary, wages, or
other remuneration.
"Subcontractor" means a person or entity that provides labor, supplies, or services to or for a contractor or
another subcontractor in exchange for salary, wages, or other remuneration.
Effective January 1, 2021, public and private employers, contractors and subcontractors will begin
required registration with, and use of the E -verify system in order to verify the work authorization status
of all newly hired employees. Vendor/Consultant/Contractor acknowledges and agrees to utilize the U.S.
Department of Homeland Security's E -Verify System to verify the employment eligibility of:
a) All persons employed by Vendor/Consultant/Contractor to perform employment duties within
Florida during the term of the contract; and
b) All persons (including sub-vendors/subcompanies/subcontractors) assigned by
Vendor/Consultant/Contractor to perform work pursuant to the contract with the Department. The
Vendor/Consultant/Contractor acknowledges and agrees that use of the U.S. Department of
Homeland Security's E -Verify System during the term of the contract is a condition of the contract
with the City of Opa-locka; and
Should vendor become successful Contractor awarded for the above -named project, by entering into this
Contract, the Contractor becomes obligated to comply with the provisions of Section 448.095, Fla. Stat.,
"Employment Eligibility," as amended from time to time. This includes but is not limited to utilization of
the E -Verify System to verify the work authorization status of all newly hired employees, and requiring all
subcontractors to provide an affidavit attesting that the subcontractor does not employ, contract with, or
subcontract with, an unauthorized alien. The contractor shall maintain a copy of such affidavit for the
duration of the contract. Failure to comply will lead to termination of this Contract, or if a subcontractor
knowingly violates the statute, the subcontract must be terminated immediately. If this contract is
terminated for a violation of the statute by the Contractor, the Contractor may not be awarded a public
contract for a period of 1 year after the date of termination.
Company Name: Raftelis Financial Consultants, Inc.
Authorized Signature: J�� "
Print Name: Tony Hairston
Title: Vice President
Date: 06/23/2023
46
RAFTELIS 65
APPENDIX: SAMPLE REPORT
Appendix:
Sample Report
CITY OF
Wilton
Manors
Water, Wastewater, and Stormwater Rate
Study
December 30, 2021
RAFTEUUS
RAFTELIS
December 30, 2021
Ms. Pennie Zuercher
Finance Director
City of Wilton Manors
2020 Wilton Drive
Wilton Manors, Florida 33305
Subject: Water, Wastewater, and Stormwater Rate Study Report
Dear Ms. Zuercher,
Raftelis Financial Consultants, Inc. (Raftelis) is pleased to provide this Water, Wastewater, and Stormwater Rate
Study Report (Report) for the City of Wilton Manors (City) for your consideration. The purpose of the study was to
prepare a financial forecast to evaluate the ability of the revenues derived from the water, wastewater, and stormwater
system (System) operations to fully fund the estimated cost of providing service and maintaining a strong fiscal
position which promotes rate sustainability over time (referred to as evaluating the "revenue sufficiency" of the rates).
The financial forecast reflected in this report was for the period of October 1, 2020 through September 30, 2026, with
a focus on the first two to three years for rate recommendations. The recommendations focus on activities forecast
to occur in the near term as there are certain levels of uncertainty regarding execution of large projects and debt
funding beyond this timeframe which may affect the financial forecast as presented in this report.
In our analysis, we have relied upon certain information and data compiled by the City including, but not limited to
capital improvement plans, audited annual financial reports and supporting financial information, the adopted
annual budgets, periodic reports, financing documents, and other information and data provided. To the extent we
have performed our analyses using the data and information obtained from the City and others in the preparation of
this report, we have relied upon such information to be accurate and no assurances are intended, and no
representation or warranties are made with respect thereto or the use made herein.
We appreciate the opportunity to assist the City with respect to evaluating the rates for service and the development
of a financial forecast for the System and would like to thank City staff for the support provided during the course of
this study.
Sincerely,
Raftelis Financial Consultants, Inc.
Joe Williams
Manager
341 N. Maitland Ave, Suite 300
Maitland, FL 32751
www.raftelis.com
Table of Contents
EXECUTIVE SUMMARY 1
BACKGROUND OF THE STUDY 1
SYSTEM OVERVIEW 1
RATE STRUCTURE ADJUSTMENTS 5
COMPARISON WITH LOCAL UTILITIES 6
RECOMMENDATIONS 7
SECTION 1. INTRODUCTION 9
BACKGROUND 9
SUMMARY OF REPORT 9
SECTION 2. CUSTOMER STATISTICS 10
GENERAL 10
WATER CUSTOMER STATISTICS 13
WASTEWATER CUSTOMER STATISTICS 15
PRINCIPAL ASSUMPTIONS AND CONSIDERATIONS 16
SECTION 3. REVENUE REQUIREMENTS 17
GENERAL 17
PRINCIPAL ASSUMPTIONS AND CONSIDERATIONS 17
REVENUE REQUIREMENTS SUMMARY 21
SECTION 4. REVENUE SUFFICIENCY ANALYSIS 23
GENERAL 23
EXISTING RATES 23
REVENUE SUFFICIENCY OF EXISTING UTILITY RATES 24
REVENUE SUFFICIENCY OF PROJECTED UTILITY RATES 26
UTILITY CASH RESERVES 28
SECTION 5. RATE DESIGN 29
GENERAL 29
Water Base Charges 29
Wastewater Base Charges 29
Water Volumetric Rates 29
CITY OF WILTON MANORS WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT
RATE DESIGN RESULTS 29
RATE DESIGN CUSTOMER BILL IMPACTS 31
COMPARISON WITH LOCAL UTILITIES 31
SECTION 5. FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS 33
FINDINGS 33
CONCLUSIONS 33
RECOMMENDATIONS 33
CITY OF WILTON MANORS WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT
List of Tables and Figures
Figure ES 1: Water and Wastewater Revenue Sufficiency — Existing and Proposed Rates 2
Table ES- 1: Utility Rate Adjustments 3
Figure ES 2: Stormwater Revenue Sufficiency — Existing and Proposed Rates 4
Table ES- 2: Stormwater Rate Adjustments 4
Table ES- 3: Proposed Residential Water Rates 5
Table ES- 4: Proposed Multi -Family & Commercial Water Rates 5
Table ES- 5: Proposed Single Family Wastewater Rates 5
Table ES- 6: Proposed Multi -Family & Commercial Wastewater Rates 6
Table ES- 7: 5/8 -inch Single Family Sample Bill Impacts (Water and Wastewater) 6
Figure 1: Local Comparison: Single Family 6,000 Gallons 7
Table 1: FY 2020 Water Customer Summary 10
Table 2: FY 2020 Wastewater Customer Summary 11
Table 3: FY 2020 Stormwater Customer Summary 13
Table 4: FY 2020 Water Customer Statistics 14
Table 5: FY 2020 Wastewater Customer Statistics 15
Table 6: Water Wholesale Purchases 18
Table 7: Wastewater Wholesale Purchases 19
Table 8: Five -Year Capital Improvement Funding Sources 20
Table 9: Projected Water Net Revenue Requirements 21
Table 10: Projected Wastewater Net Revenue Requirements 21
Table 11: Projected Stormwater Net Revenue Requirements 22
Table 12: Existing Water Rates Effective October 1, 2021 23
Table 13: Existing Wastewater Rates Effective October 1, 2021 24
Table 14: Existing Stormwater Rates Effective October 1, 2021 24
Table 15: Water Revenue Sufficiency Forecast at Existing Rates 25
Table 16: Wastewater Revenue Sufficiency Forecast at Existing Rates 25
Table 17: Stormwater Revenue Sufficiency Forecast at Existing Rates 25
Table 18: Projected Annual Rate Adjustments 26
Table 19: Water Revenue Sufficiency Forecast under Projected Rate Adjustments 26
Table 20: Wastewater Revenue Sufficiency Forecast under Projected Rate Adjustments 26
Table 21: Stormwater Revenue Sufficiency Forecast under Projected Rate Adjustments 27
Table 22: Projected Water and Wastewater Debt Service Coverage 27
Table 23: Projected Drainage Debt Service Coverage 27
Table 24: Utility Unrestricted Reserve Funds 28
Table 25: Stormwater Unrestricted Reserve Funds 28
Table 26: Water, Wastewater, and Stormwater Ending Fund Balances 28
Table 27: Proposed Residential Water Rates 30
Table 28: Proposed Multi -Family & Commercial Water Rates 30
Table 29: Proposed Single Family Wastewater Rates 30
Table 30: Proposed Multi -Family & Commercial Wastewater Rates 30
Table 31: 5/8 -inch Single Family Sample Bill Impacts (Water and Wastewater) 31
Figure 2: Local Comparison: Single Family 6,000 Gallons 32
CITY OF WILTON MANORS WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT
List of Exhibits
Exhibit 1: Water Budget Projections
Exhibit 2: Wastewater Budget Projections
Exhibit 3: Stormwater Budget Projections
Exhibit 4: Historical and Projected Water Customers
Exhibit 5: Historical and Projected Wastewater Customers
Exhibit 6: Historical and Projected Stormwater Customers
Exhibit 7: Projected Water Revenue
Exhibit 8: Projected Wastewater Revenue
Exhibit 9: Projected Stormwater Revenue
Exhibit 10: Forecast of Water and Wastewater Miscellaneous Charges Revenues
Exhibit 11: Forecast of Stormwater Miscellaneous Charges Revenues
Exhibit 12: Water and Wastewater Capital Improvement Plan Projects and Funding Sources
Exhibit 13: Stormwater Capital Improvement Plan Projects and Funding Sources
Exhibit 14: Historical and Projected Wholesale Purchases
Exhibit 15: Projected Water Revenue Requirements
Exhibit 16: Projected Wastewater Revenue Requirements
Exhibit 17: Projected Stormwater Revenue Requirements
Exhibit 18: Projected Water and Wastewater Debt Service Coverage
Exhibit 19: Projected Stormwater Debt Service Coverage
Exhibit 20: Projected Water and Wastewater Fund Balances
Exhibit 21: Projected Stormwater Fund Balances
CITY OF WILTON MANORS WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT
This page intentionally left blank to facilitate two-sided printing.
CITY OF WILTON MANORS WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT
Executive Summary
Background of the Study
The City of Wilton Manors (City) provides water and wastewater services (System) to approximately 4,300 water
customers and 4,100 wastewater customers located within the City limits. The City also operates a drainage
(stormwater) utility within the City limits. The City attempts to establish rates that are always sufficient to cover the
operating expenses, identified capital expenses, and the maintenance of operating, capital and other reserves as may
be necessary based on the strategic plans and objectives of the City (the sum of the funding requirements from rates
are generally referred to as the "revenue requirements"). Since the City is embarking on a significant capital
improvement plan (CIP) it is prudent to review the rates for the next several years that align with funding this CIP
and the associated borrowings that will be required.
General accounting policies and prudent utility management recommend that the System have revenues (financial
resources) at least equal to the costs of providing ongoing service and funding the capital needs of the System. The
primary source of revenues is through user fees for water and wastewater service; such fees account for over 98% of
the total gross revenues of the System. Recognizing that users fees are the primary source of cash inflows to the for
water, wastewater, and stormwater it is prudent to periodically evaluate the rates for service and the ability to recover
the revenue requirements. The ongoing review of rates by management is also considered favorably by the credit
rating agencies since it supports the ability to maintain a strong fiscal position through the implementation of an
attainable financial plan, which will be important as the City seeks new debt funding in the next year or two to
support timely execution of the CIP.
In order to evaluate the financial position of the System and ability of the revenues to fund the revenue requirements
(referred to as "revenue sufficiency"), the City engaged Raftelis Financial Consultants, Inc. (Raftelis) to prepare a
water, wastewater, and stormwater financial forecast of the operations and funding requirements of the System and
to identify proposed rates that would be considered sufficient to fund the requirements. Raftelis has prepared this
rate study report to document our analyses, evaluations, findings, conclusions, and recommendations for
consideration by the City. Raftelis also created a financial model with the primary purpose to provide the City with
a management tool to prepare future revenue requirement/revenue sufficiency analyses in support of its ongoing
planning activities. The management tool will allow the City to evaluate the effects of changes in operations and to
anticipate future needs which will enhance operation and capital planning and reduce the probability of unplanned
rate adjustments. This management tool can be updated periodically to estimate rate/revenue impacts of certain
events such as new customer growth, changes in cost of large capital projects, etc. and overall revenue sufficiency
over a multi -year period.
This executive summary provides an overview of the study and includes recommendations for rate adjustments and
other policy related items for both immediate and future consideration.
System Overview
The City identifies the rate adjustments necessary each year during the budgeting process, which is sufficient when
large and one-time capital projects are not prevalent. In light of the City's current situation, it is necessary to perform
a formal rate study to look out several years on the planning horizon to identify the level of rate adjustments that
would be necessary to fund the CIP as currently laid out in this report. Regarding the need for increased capital,
which is a major issue facing all utilities, the City has identified the need and is currently planning several renewal
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 1
and replacement capital projects that will require financing and will place increased pressure on System rates. These
projects will address aging infrastructure, flooding issues on the stormwater system, and certain utility line
expansions that will be required to support additional growth and higher densities throughout the City. Figure ES 1
below provides a visual illustration of how the existing rate revenues for the water and wastewater funds compared
to the operating requirements identified. The stacked bars represent the various funding requirements and the line
represents the revenues generated from existing rates. The existing rates do not include provisions for annual CPI
Adjustments or wholesale pass through adjustments. As can be seen on the chart the existing revenues are not forecast
to be sufficient, indicating a rate adjustment is necessary.
Figure ES 1: Water and Wastewater Revenue Sufficiency — Existing and Proposed Rates
$12,000,000
$10,000,000
$8,000,000
$6,000,000
$4,000,000
$2,000,000
$0
illWE OW WO OM OW OW OW r OW IIIND OW DUD i WED IND WO WM CND i
FY 2023
FY 2024
FY 2022
Operating Expenses
Debt Service
Revenue from Existing Rates a — Revenue from Proposed Rates
FY 2025 FY 2026
Transfers and Capital
As shown on the figure above, System rate revenues are forecast to be adequate to fund the identified revenue
requirements over the next few years, but then require increases in FY 2025 and FY 2026. If the City were to wait
until that time to increase rates, the level of adjustment would be larger and may result in rate shock to customers. A
few key reasons for the rate increases are summarized below:
• The operating costs, including salaries and cost of wholesale water and wastewater purchases, have been
increasing over time, with the wastewater wholesale purchases increasing significantly due to a new flow
meter used for billing purposes by Fort Lauderdale;
• The City's CIP is larger than in prior years and the City has indicated a desire to complete projects identified
in the 2020 Master Plan in an expedited manner;
• In order to fully fund the CIP the City will need to borrow funds through several loans, which leads to higher
future debt service requirements. The City will need to have adequate rates in place to repay the borrowed
funds along with maintain the required debt service coverage ratios.
• There is limited growth opportunity for the City's service areas resulting in more emphasis on annual rate
increases to keep pace with the increasing revenue requirements;
2 EXECUTIVE SUMMARY
As shown below, certain rate adjustments are being recommended and identified for future years, that will phase in
the rate increases necessary to generate sufficient revenues each year for the identified operating, capital, and fund
balance requirements. The rate increases identified are programmed to manage rate levels over the next few years,
while the City can leverage the existing cash reserves on hand to support the capital program and to allow for a phase
in of rates. This rate phasing approach will help to alleviate single year bill impacts to customers.
Table ES- 1: Utility Rate Adjustments
Fiscal Year Water Wastewater
FY 2022 5.00% 5.00%
FY 2023 2.00% 2.50%
FY 2024 2.00% 2.50%
FY 2025* 2.00% 2.50%
FY 2026* 2.00% 2.50%
*Additional rate adjustments for wastewater are anticipated
beyond FY 2024, but the recommendation is to update the
financial forecast prior to implementation of adjustments
for FY 2025 and FY 2026.
Figure ES 2 below provides a visual illustration of the existing and proposed stormwater fee revenues compared to
the operating requirements identified. As shown on the figure, even though operating expenses decrease in FY 2022,
the revenue requirements increase significantly in FY 2022 due to the issuance of debt to fund over $2.3 million of
capital improvements. In order to provide adequate funding for this debt service, meet the bond coverage and other
covenants, and maintain adequate fund balances, fee adjustments will be required as illustrated on the figure. After
the initial larger increases in the stormwater fee more moderate annual adjustments are required to keep pace with
inflationary pressures on the O&M costs.
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 3
Figure ES 2: Stormwater Revenue Sufficiency — Existing and Proposed Rates
$900,000
$800,000
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0
am CO 00 al. 41.11 IMP
IOW 41/11.
di. 1111.
FY 2023
FY 2024
FY 2022
Operating Expenses -o Debt Service
Revenue from Existing Rates 0,0 I.. Revenue from Proposed Rates
FY 2025 FY 2026
Transfers and Capital
As shown below, certain fee adjustments are being recommended and identified for future years, that will bring the
stormwater system back to generating sufficient revenues each year to address operating, capital, and fund balance
requirements. The stormwater fund does not have the luxury of phasing in rates at a more moderate pace due to the
large increase in revenue requirements. The City can offset the need for this large increase by finding alternative
funding or not completing the projects as currently shown on the CIP. From discussions with City staff there is a
strong need to complete the CIP projects as currently planned.
Fiscal Year
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025*
FY 2026*
Table ES- 2: Stormwater Rate Adjustments
Stormwater
Monthly Rate [1]
$6.15
$6.45
$7.09
$7.79
$8.17
$8.45
Percent Adjustment
5.0%
10.0%
10.0%
5.0%
3.5%
[1] Rate shown applies to the Single family accounts and per ERU for non-
residential accounts. Multi -family single story and multi -family multi -story
accounts have factors of 70% and 50% per unit, respectively that apply to the rates
shown above.
* Additional rate adjustments for wastewater are anticipated beyond FY 2024, but
the recommendation is to update the financial forecast prior to implementation of
adjustments for FY 2025 and FY 2026.
4 EXECUTIVE SUMMARY
Rate Structure Adjustments
The rate structure adjustments are discussed in further detail in Section 5 of this report. Below are the tables
demonstrating the results of the rate design and the single family customer bill impacts.
Table ES- 3: Proposed Residential Water Rates
Rate Component
Base Charge
5/8 -inch
1 -inch
Usage Charges (per 1,000 gal)
Block 1
Block 2
Block 3
Block 4
Consumption Blocks (1,000 gal)
Block 1
Block 2
Block 3
Block 4
FY 2021 Rate Design
$27.65
$46.11
$22.50
$22.50
$4.53 $5.04
$5.53 $6.30
$6.91 $7.56
N/A $10.08
0-15 0-3
15-30 3-6
Above 30 6 - 12
N/A Above 12
Table ES- 4: Proposed Multi -Family & Commercial Water Rates
Rate Component
Base Charge
5/8 -inch
1 -inch
1.5 -inch
2 -inch
4 -inch
6 -inch
8 -inch
Usage Charges (per 1,000 gal)
All Usage
FY 2021 Rate Design
$26.25 $22.50
$68.25 $56.25
$155.32 $112.50
$267.73 $180.00
$1,076.15 $562.50
$2,418.31 $1,125.00
$4,299.17 $1,800.00
$4.78 $5.04
Table ES- 5: Proposed Single Family Wastewater Rates
Rate Component
Base Charge
5/8 -inch
1 -inch
Usage Charges (per 1,000 gal)
Usage Cap
FY 2021 Rate Design
$12.24
$20.38
$8.45
15,000
$12.25
$12.25
$8.59
15,000
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 5
Table ES- 6: Proposed Multi -Family & Commercial Wastewater Rates
Rate Component FY 2021 Rate Design
Base Charge
5/8 -inch
1 -inch
1.5 -inch
2 -inch
4 -inch
6 -inch
8 -inch
Usage Charges (per 1,000 gal)
All Usage
$11.61 $12.25
$30.18 $30.63
$67.26 $61.25
$118.35 $98.00
$475.66 $306.25
$1,068.56 $612.50
$1,899.64 $980.00
$8.45 $8.59
Below is a table illustrating impacts at various usage levels for a majority of the Utility's customers, single family
inside city using less than 20,000 gallons per month of combined water and sewer services. The cumulative
percentage of single family water bills has been included to provide context for how these proposed rates will impact
the customer base. For example, the City sends out 57.6% of monthly bills to single family customers for 4,000 -
gallons or less, meaning 57.6% of these customers will see a reduced bill from the rate structure change. Once single
family customers start using high quantities of water in the 15,000 to 20,000 gallon range, which typically correspond
with irrigation consumption, the monthly bills are increased by a higher percentage to encourage customers to use
less water (conservation) and at the same time can reduce their bill.
Table ES- 7: 5/8 -inch Single Family Sample Bill Impacts (Water and Wastewater)
Proposed
Usage Existing Rates Rates
0 $39.89
3,000 $78.83
4,000 $91.81
7,000 $117.77
15,000 $234.59
20,000 $262.24
Difference
Cumulative %
Single Family
Bills
$34.75 6.1%
$75.64 44.4%
$90.53 57.6%
$120.31 74.2%
$273.22 94.0%
$323.62 97.0%
Comparison with Local Utilities
($5.14)
($3.19)
($1.28)
$2.54
$38.63
$61.38
A common analysis reviewed by municipalities is how they're rates compare to those of other neighboring utilities.
The following figure compares a water bill to other local communities at the typical City water customer usage level
of 6,000 gallons per month. When making comparisons of rates between different utilities, several factors may have
an effect on the rate levels being charged. These factors may include:
• Size of the system or overall economies with other utility services;
• Level of treatment and effluent disposal methods;
• Wholesale purchase terms and conditions and capacity utilization;
• Plant age, capacity utilization, grant and other outside funding;
• General fund and administrative fee transfers to municipal and County governments;
• Bond covenants and funding requirements of the rates; and
• Specific rate structure attributes for each customer class and usage level.
6 EXECUTIVE SUMMARY
As shown on the figure below the City's rates are on the higher end of the comparison with other neighboring utilities
throughout Broward County used for this comparison. The bills shown are for FY 2021 rate levels for other
communities, which will likely increase rates in future years to meet increasing operating, capital, and regulatory
costs.
Figure 1: Local Comparison: Single Family 6,000 Gallons
City of Deerfield Beach - 3/4"
Broward County
City of Coconut Creek - 5/8"
City of Fort Lauderdale - 5/8"
City of Noth Lauderdale - 5/8"
City of Miramar
City of Deerfield Beach - 1"
City of Parkland
City of Sunrise
City of Hollywood
City of Fort Lauderdale - 1"
City of Noth Lauderdale - 3/4"
City of Dania Beach
Town of Davie
City of Oakland Park
City of Wilton Manors - 5/8" Existing
City of Wilton Manors - 5/8" & 1" Proposed
City of Coconut Creek - 1"
City of Wilton Manors - 1" Existing
City of Noth Lauderdale - 1"
■ $58.14 1
INN $76.82 1
MN $84.68 1
MIMI $86.39 1
® $87.25 1
® $89.79 1
® $97.12 1
® $97.51 1
® $100.05 1
$106.76 1
- $107.74 1
® $107.78 1
® $107.82 1
® $112.14 1
® $114.69 1
11111101111111111 $117.77 1
® $120.31 1
$125.13 1
$144.37 1
$292.50 1
$0.00 $50.00 $100.00 $150.00 $200.00 $250.00 $300.00 $350.00
■ Water • Sewer
Recommendations
Based on the information, analysis, discussions, findings and conclusions included in this Study, it is recommended
that:
1. The City adopt the following across-the-board rate adjustments for water and wastewater effective the first
full billing period after October 1, 2021 (Fiscal Year 2022) and each fiscal year through 2024. These rate
adjustments are designed to be applied uniformly to each service area and each rate component in addition
to any annual CPI Adjustments or wholesale pass through adjustments.
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 7
Fiscal Year Water Wastewater
FY 2022 5.00% 5.00%
FY 2023 2.00% 2.50%
FY 2024 2.00% 2.50%
FY 2025* 2.00% 2.50%
FY 2026* 2.00% 2.50%
* Additional rate adjustments for water and wastewater are
anticipated beyond FY 2024, but the recommendation is to update
the financial forecast prior to implementation of adjustments for
FY 2025 and FY 2026 due to the level of capital projects and debt
funding identified that may change as the plans evolve.
2. The City should implement the rate structure adjustments identified on Tables 27, 28, 29, and 30 that unify
the single family base charges, adjust the multi-family/commercial base charges to reflect industry standard,
and establish the new block rates and gallonage ranges to promote conservation.
3. The City adopted the following stormwater rates effective the first full billing period after October 1, 2021
(Fiscal Year 2022) and each fiscal year through 2024, which reflect a significant increase in rate level from
the existing monthly rate of $6.15.
Stormwater
Fiscal Year Monthly Rate [1]
FY 2022
FY 2023
FY 2024
FY 2025*
FY 2026*
$6.76
$7.43
$7.80
$8.19
$8.47
[1] Rate shown applies to the Single family accounts
and per ERU for non-residential accounts. Multi-
family single story and multi -family multi -story
accounts have factors of 70% and 50% per unit,
respectively that apply to the rates shown above.
* Additional rate adjustments for water and
wastewater are anticipated beyond FY 2024,
but the recommendation is to update the
financial forecast prior to implementation of
adjustments for FY 2025 and FY 2026 due to
the level of capital projects and debt funding
identified that may change as the plans evolve.
4. The City should comply with Chapter 180.136 FS regarding customer notification of any public meeting
where rate adjustments will be discussed.
180.136 Water or sewer utilities: notice. —Before a local government water or sewer utility increases any
rate, charge, or fee for water or sewer utility service, the utility shall provide notice of the proposed increase
to each customer of the utility through the utility's billing process. The notice shall state the date, time, and
place of the meeting of the governing board of the local government at which such increase will be
considered. The notice required in this section is in addition to any notice and public meeting requirements
for ordinance adoption as provided by general law.
5. Periodic reviews should be conducted of financial conditions to ensure that the recommended rate
adjustments are materially meeting the primary objectives of revenue sufficiency, equitable cost recovery,
creditworthiness and accumulating reserves for expansion CIP. It is recommended that in two to three years,
the City update the financial forecast to validate the rate adjustments needed in future years.
8 EXECUTIVE SUMMARY
Section 1. Introduction
Background
The City of Wilton Manors (City) maintains a water and wastewater utility system (Utility) that provides water and
wastewater services to approximately 4,300 water customers and 4,100 wastewater customers located within the City
limits. The City also operates a drainage utility (Stormwater) within the City limits. The City has engaged Raftelis
Financial Consultants, Inc. (Raftelis) to conduct a rate study to review the sufficiency of the water, wastewater, and
stormwater systems' ability to meet financial requirements including operating costs, capital improvements, and
reserve fund requirements over the fiscal years 2021 through 2026 (Forecast Period). The City has also worked with
Raftelis to review various rate design options to help promote conservation.
Summary of Report
In addition to Section 1, this report is subdivided into five (5) sections. The following is a brief discussion of the
remaining sections included in this report:
Section 2. Customer Statistics — This section summarizes historical and projected customers and sales for each
system. Projections are primarily based off of recent historical trends and expected future sales with a conservative
outlook.
Section 3. Revenue Requirements — This section summarizes the financial forecast, which serves as the basis for the
revenue sufficiency analysis. Also included is a discussion of the assumptions utilized in forecasting the adopted
operating budget, water and wastewater purchases, debt service, and capital needs into the future.
Section 4. Revenue Sufficiency Analysis — This section provides the future revenue forecast from existing rates
based on the projected customers and sales identified in Section 2. The forecasted revenues are compared to the
revenue requirements identified in Section 3 to determine the level of rate adjustments needed. Once the necessary
rate adjustments are identified, there is a projection of fund balances and debt service coverage. Additionally, the
water, wastewater, and drainage rates for FY 2021 are compared to customer bills with other nearby communities.
Section 5. Rate Design — This section provides a review and discussion on the various rate components and structure
modifications that were reviewed along with recommendations for changes.
Section 6. Findings, Conclusions, and Recommendations — This section identifies the findings, conclusions, and
recommendations for the rate study.
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 9
Section 2. Customer Statistics
General
A major component in the determination of sustained revenue sufficiency for water and wastewater service is the
development of a forecast of customers and sales. The City provided historical billing statistics for fiscal years (FY)
2019 and 2020 including the number of customers, by class and meter size, and metered monthly usage. The
historical customers served and the trends in growth and water use / billed wastewater flow per equivalent residential
unit (ERU) provided the basis for the forecast of customers through FY 2026.
Table 1 provides a summary of the FY 2020 customer and sales statistics for the water system which served as the
basis for the forecast of the billing determinates for the water system and the corresponding rate revenues.
Table 1: FY 2020 Water Customer Summary
Description FY 2020
Single Family Residential
Accounts 3,029
ERUs [1] 3,171
Annual Consumption 204,658
Avg. Monthly Use per ERU [2] 5.4
Multi -Family Residential
Accounts 325
ERUs [1] 1,472
Annual Consumption 122,047
Avg. Monthly Use per ERU [2] 6.9
Multi -Residential
Accounts 385
ERUs [1] 367
Annual Consumption 14,552
Avg. Monthly Use per ERU [2] 3.3
Non -Residential
Accounts 394
ERUs [1] 925
Annual Consumption 70,281
Avg. Monthly Use per ERU [2] 6.3
Single Family Sprinklers
Accounts 23
ERUs [1] 30
Annual Consumption 2,641
Avg. Monthly Use per ERU [2] 7.3
10 SECTION 2. CUSTOMER STATISTICS
Description FY 2020
Multi -Family Sprinklers
Accounts 42
ERUs [1] 174
Annual Consumption 14,329
Avg. Monthly Use per ERU [2] 6.9
Non -Residential Sprinklers
Accounts 97
ERUs [1] 234
Annual Consumption 32,799
Avg. Monthly Use per ERU [2] 11.7
Lazy Lake
Accounts 15
ERUs [1] 18
Annual Consumption 1,081
Avg. Monthly Use per ERU [2] 5.0
Total Water System
Accounts 4,310
ERUs [1] 6,391
Annual Consumption 462,388
Avg. Monthly Use per ERU [2] 6.0
[1] The City bills monthly base charges pursuant to the water meter size serving
each account. The Equivalent Residential Units (ERU) represent the number of
meter equivalent units estimated for each customer class. The meter equivalent
factors are based on per meter water use demand information published by the
American Water Works Association and used by utilities, including the Florida
Public Service Commission, in the establishment of base rates. The meter
equivalent factors are based on the size of the meter serving the accounts with
the smallest meter, which is a 5/8 -inch meter, having a meter equivalent factor
of 1.0. The meter equivalent units are based on the number of customers and
their corresponding meter size served.
[2] Average consumption per month is calculated by dividing the consumption
by the meter equivalents and then dividing by 12 months. Shown in thousands
of gallons.
Table 2 provides a summary of the FY 2020 customer and billed flow statistics for the wastewater system which
served as the basis for the forecast of the billing determinates for the wastewater system and the corresponding rate
revenues.
Table 2: FY 2020 Wastewater Customer Summary
Description FY 2020
Single Family Residential
Accounts 3,029
ERUs [1] 3,051
Annual Consumption 204,658
Avg. Monthly Use per ERU [2] 5.6
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 11
Description FY 2020
Multi -Family Residential
Accounts 328
ERUs [1] 900
Annual Consumption 122,236
Avg. Monthly Use per ERU [2] 11.3
Multi -Residential
Accounts 384
ERUs [1] 699
Annual Consumption 14,478
Avg. Monthly Use per ERU [2] 1.7
Non -Residential
Accounts 391
ERUs [1] 3,197
Annual Consumption 70,118
Avg. Monthly Use per ERU [2] 1.8
Lazy Lake
Accounts 8
ERUs [1] 8
Annual Consumption 384
Avg. Monthly Use per ERU [2] 4.0
Total Wastewater System
Accounts 4,140
ERUs [1] 7,855
Annual Consumption 411,874
Avg. Monthly Use per ERU [2] 4.4
[1] The ERUs for wastewater are presented on the same basis as described in
Table 1 for the water customer statistics.
[2] Average consumption per month is calculated by dividing the consumption by
the meter equivalents and then dividing by 12 months.
The table below provides a summary of the FY 2020 customer and ERU statistics for the stormwater system which
served as the basis of the forecast of the billing determinates for the stormwater system and the corresponding rate
revenues.
(Remainder of Page Intentionally Left Blank)
12 SECTION 2. CUSTOMER STATISTICS
Table 3: FY 2020 Stormwater Customer Summary
Description FY 2020
Single Family Residential
Units
ERUs
3,004
3,004
Multi -Family — Single Story
Units 1,005
ERUs 704
Multi -Family —Multi-Story
Units 2,983
ERUs 1,492
Commercial
Units 2,172
ERUs 2,172
Total Stormwater System
Units 9,164
ERUs 7,372
Water Customer Statistics
The City categorizes each customer into several classes for billing purposes consisting of: single family residential,
multi -family residential, multi -residential, non-residential, single family sprinkler, multi -family sprinkler, non-
residential sprinkler, and Lazy Lake. The table below provides the estimated average number of accounts, ERUs,
metered consumption and average monthly consumption per ERU by customer classification for FY 2020.
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 13
Table 4: FY 2020 Water Customer Statistics
Description (Meter Size)
Consumption Avg.
(1,000s Consumption
Account ERUs gallons) per Month
Single Family Residential
5/8 -inch 2,816 2,816 189,453 5.6
1 -inch 213 355 15,205 3.6
Subtotal 3,029 3,171 204,658 5.4
Multi -Family Residential
5/8 -inch 142 135 10,569 6.5
1 -inch 65 160 11,072 5.8
1.5 -inch 50 275 21,301 6.5
2 -inch 63 610 52,897 7.2
4 -inch 3 117 8,683 6.2
6 -inch 2 175 17,525 8.3
Subtotal 325 1,472 122,047 6.9
Multi -Residential
5/8 -inch 384 365 14,441 3.3
1 -inch 1 2 111 4.6
Subtotal 385 367 14,552 3.3
Non -Residential
5/8 -inch 252 239 16,136 5.6
1 -inch 81 200 13,653 5.7
1.5 -inch 32 176 8,666 4.1
2 -inch 28 271 27,771 8.5
4 -inch 1 39 4,055 8.7
Subtotal 394 925 70,281 6.3
Single Family Sprinklers
5/8 -inch 13 13 1,650 10.6
1 -inch 10 17 991 4.9
Subtotal 23 30 2,641 7.3
Multi -Family Sprinklers
5/8 -inch 14 13 1,533 9.8
1 -inch 13 32 4,867 12.7
1.5 -inch 4 22 2,107 8.0
2 -inch 11 107 5,822 4.5
Subtotal 42 174 14,329 6.9
Non -Residential Sprinklers
5/8 -inch 47 45 2,457 4.6
1 -inch 35 86 6,252 6.1
1.5 -inch 10 55 11,273 17.1
2 -inch 5 48 12,817 22.3
Subtotal 97 234 32,799 11.7
Lazy Lake
5/8 -inch 11 11 850 6.4
1 -inch 4 7 231 2.8
Subtotal 15 18 1,081 5.0
Total Water System
4,310 6,391 462,388 6.0
14 SECTION 2. CUSTOMER STATISTICS
As shown above the City provided retail potable water service to an average of 4,310 accounts representing 6,391
equivalent residential units during FY 2020. Average monthly consumption per meter equivalent for all water system
connections is approximately 6,000 gallons.
Wastewater Customer Statistics
The table below provides the estimated average number of accounts, ERUs, billed wastewater flow which is based
on the metered water consumption at the customer's premise (referred to as wastewater consumption), and the
average monthly billed wastewater flow (consumption) by customer classification and service area for FY 2020:
Table 5: FY 2020 Wastewater Customer Statistics
Consumption Avg.
(1,000s Consumption
Description (Meter Size) Account ERUs gallons) per Month
Single Family Residential
518 -inch 2,816 2,815 189,453 5.6
1 -inch 213 236 15,205 5.4
Subtotal 3,029 3,051 204,658 5.6
Multi -Family Residential
5/8 -inch 144 211 10,717 4.2
1 -inch 66 132 11,103 7.0
1.5 -inch 51 182 21,311 9.8
2 -inch 63 222 52,897 19.9
4 -inch 2 151 8,683 4.8
6 -inch 2 2 17,525 730.2
Subtotal 328 900 122,236 11.3
Multi -Residential
5/8 -inch 384 699 14,478 1.7
Subtotal 384 699 14,478 1.7
Non -Residential
5/8 -inch 250 853 15,983 1.6
1 -inch 81 2,284 13,653 0.5
1.5 -inch 31 31 8,656 23.3
2 -inch 28 28 27,771 82.7
4 -inch 1 1 4,055 337.9
Subtotal 391 3,197 70,118 1.8
Lazy Lake
5/8 -inch 4 4 231 4.8
1 -inch 8 8 384 4.0
Subtotal 8 8 384 4.0
Total Wastewater System
4,140 7,855 411,874 4.4
As shown above, the City currently provides wastewater service to approximately 4,140 accounts. The total average
billed wastewater flow or consumption per ERU for wastewater service is 4,400 gallons.
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 15
Principal Assumptions and Considerations
Detailed assumptions and projections of water, wastewater, and stormwater customer statistics are provided in
Exhibits 4, 5, and 6 at the end of this report. The major assumptions, considerations and analyses that are included
in the projection of water, wastewater, and stormwater customer statistics are as follows:
1. The City provided historical customer billing statistics for Fiscal Years 2019 and 2020. The Fiscal Year 2020
customer accounts, ERUs and consumption were used as the basis for future projections.
2. Based on discussions with staff regarding development activity in the City, the customer growth for the water
system is expected to be minimal over the Forecast Period with customer accounts and consumption
remaining relatively stable. Customers are projected to grow from 4,310 in FY 2020 to 4,358 by the end of
the Forecast Period. This equates to an average annual growth rate of 1.06% over the six -year period.
3. Customer growth for the wastewater system is expected to also be minimal over the Forecast Period adding
8-9 new customer accounts per year.
4. On the stormwater system, growth is expected for the multi -family class (both single story and multi -story
customers). There is approximately 40 new units projected to be added each year of the Forecast Period.
5. With recent changes to the density allowed in the City and several potential redevelopment projects that staff
is aware of, it is likely that actual growth will exceed the forecasted growth which will put the utility in a
stronger financial position.
16 SECTION 2. CUSTOMER STATISTICS
Section 3. Revenue
Requirements
General
Utility cash revenue requirements is the term that generally defines the various components of cost associated with
operating and maintaining a municipally -owned utility system, as well as the cost of financing the renewal and
replacement of facilities and capital improvements for upgrades and expansion. The sum of these cost components,
less any miscellaneous utility revenues, represents the net revenue requirements that must be funded from the utility
rates. The revenue requirements for this study are predicated on an analysis of projected water, wastewater, and
stormwater costs for the five-year period ending FY 2026. The projected revenue requirements include the various
generalized cost components below:
• Operating Expenses: These expenses include the cost of labor, wholesale water and wastewater treatment
purchases, insurance, electricity, materials, supplies, administration and other items necessary for the
operation and maintenance of the System.
• Debt Service: Debt service includes the principal and interest on the System's current outstanding debt
obligations payable from the System's net operating revenues. The System currently has the 2021 Promissory
Note (2021 Note) outstanding that was recently issued to refund the 2011 Utility and Parking System
Revenue Note and other outstanding loans of the City. Annual payments are due through FY 2026. The
City will likely be issuing additional debt in the next year or two to fund significant improvements identified
in the master plan.
• Other Revenue Requirements: This component of cost includes, among other things, ongoing capital
improvements (capital outlay) to be financed from revenues or on a pay-as-you-go basis (i.e., ongoing capital
re -investment), transfers out of the Utility to other City funds, transfer to the renewal and replacement fund,
and other related expenditures funded from rates.
Principal Assumptions and Considerations
The projected revenue requirements are summarized in this section and are provided in more detail in Exhibits 15,
16, and 17 at the end of this report. The major assumptions, considerations and analyses that are included in the
development of the projected revenue requirements are as follows:
1. The City's adopted budget for water, wastewater and stormwater services for FY 2021 (the "Budget") and
FY 2020 actual results served as the basis for expenditure projections reflected in the financial forecast.
Unless otherwise noted, the underlying assumptions and expenditure amounts included therein are assumed
to be reasonable and reflect anticipated operations. Such budgetary amounts were incorporated into the
revenue requirement component of the study since it represents the City's most recent projections of the cost
to provide service and is also the most recent financial plan as approved by the City Council, except for
adjustments and assumptions as noted below.
2. System operating and maintenance expenditures budgeted for FY 2021 are projected for the remaining five
years of the Forecast Period (i.e., through FY 2026), after identifying certain adjustments to identify one-
time expenditures or expenditures that are anticipated to change in future budget years by more than typical
inflation or customer growth impacts. Schedules providing budget line item detail of projected operating
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 17
expenses are shown on Exhibits 1, 2, and 3 at the end of this report. The primary assumptions associated
with the projected operating expenses as developed for the Forecast Period are as follows:
o Based on discussions with the City, System salaries and wages were increased above FY 2021
budgeted amounts by 3.5% annually to reflect wage adjustments resulting from promotions and
merit increases as well as cost of living adjustments due to inflationary pressures. Insurance
expenditures are projected to increase by 5.0% annually, faster than salaries and payroll taxes due to
recent trends in the industry.
o The largest annual expenditure incurred by the City is the wholesale purchase of water and
wastewater from Fort Lauderdale. A forecast of future water purchases was developed and based on
historical averages and trends combined with the projected number of future customers and sales.
The historical information was used to compare the actual wholesale purchases to the water and
wastewater meter readings used by the City to compare and develop the average amount of non -
revenue. The non -revenue water is water that is read at the master meter connection point, but does
not flow through a customers meter and is usually lost through a combination of line losses or
flushing. The table below provides the water purchases in thousands of gallons with the full forecast
provided on Exhibit 14.
Table 6: Water Wholesale Purchases
Total Water
Purchases Purchases
Fiscal Year (1,000s) Cost
FY 2022 505,950 $2,030,500
FY 2023 508,970 $2,253,500
FY2024 510,490 $2,374,100
FY 2025 512,000 $2,500,700
FY 2026 513,510 $2,633,500
FY 2027 515,110 $2,773,000
FY 2028 516,720 $2,918,900
FY 2029 518,320 $3,076,300
FY 2030 505,950 $2,030,500
The table below provides the wastewater purchases in thousands of gallons as well as the wholesale
cost. As will be seen on the wastewater purchases, there is a significant increase in the number of
1,000 gallons purchased from Fort Lauderdale than the City was historically billed for due to a recent
change in the flow meter used. The original flow meter was old and was under -reading the actual
flows. This change will cause the City to implement slightly higher rate adjustments over the next
few years to accommodate for this adjustment as there is not currently a need to implement a one-
time larger adjustment to capture the full change.
18 SECTION 3. REVENUE REQUIREMENTS
Table 7: Wastewater Wholesale Purchases
Total Water
Purchases Purchases
Fiscal Year (1,000s) Cost
FY 2022 761,500 $1,979,900
FY 2023 763,610 $2,084,700
FY 2024 765,710 $2,197,600
FY 2025 767,820 $2,311,100
FY 2026 769,920 $2,432,900
FY 2027 772,030 $2,563,100
FY 2028 774,130 $2,701,700
FY 2029 776,270 $2,841,100
FY 2030 778,410 $2,989,100
c The utility enterprise fund currently and historically has transferred approximately $1,000,000
annually to the General Fund. The transfer is made after the payment of O&M expenses and debt
service and has therefore been counted "below the line" for debt service coverage purposes. In future
years the City has identified that this amount will be decreased annually over a four-year period to
$91,393 per year by FY 2025 where it will level off for future years. This reduction puts the utility in
a stronger financial position and reduces the pressure on utility rates. This adjustment will also be
viewed favorable by the bond market when the City obtains new debt to fund the CIP.
o Other operating costs such as operating supplies, professional services, and other ongoing expenses
have been increased above the FY 2021 Budget by an inflationary index, which is approximately
2.3% annually. General inflation is usually measured by the CPI -U, which is the Consumer Price
Index — All Urban Consumers Report. The Congressional Budget Office (CBO) Economic
Projections, from February 2021, forecasts annual CPI -U increases ranging from 2.1% up to 2.4%
from 2022 through 2026.
3. Each year the budget also specifies amounts related to renewal and replacement (R&R) capital expenditures.
These amounts have not been included in the operating costs and anticipate capitalization of the
improvements that occur to the utility's fixed assets. The work being performed provides the ability to allow
the utility assets to reach their average service life and/or avoid certain major repairs and replacements. The
total water, wastewater, and stormwater systems budget approximately $234,000 per year for ongoing R&R,
which fluctuates annually based on the projects identified.
4. In addition to the provisions for ongoing maintenance and R&R expenditures, additional capital
improvements have been identified in the City's 2020 Utility Master Plan'. Capital improvements are usually
larger one-time expenditures related to replacements, renewals or betterments that extend the useful life of
the asset such as water line replacements. In discussions with City staff, the following CIP was developed
for the Forecast Period, which advances the execution of certain projects identified in the 2020 Utility Master
Plan. The CIP was provided by the City in current (2021) dollars and such amounts were escalated to
estimate the installed cost in the fiscal year of addition (to reflect increased costs associated with the labor,
materials, and other factors related to the execution or construction of the projects.) In addition to using
system rate revenues, R&R funds, and reserves, new debt is needed in FY 2022, FY 2025, and FY 2028 to
' Water, Wastewater, and Stormwater Integrated Master Plan Report, dated January 21, 2020.
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 19
fund additional capital. The table below identifies the CIP funding sources for the five-year period 2022
through 2026 and the detailed list of projects by year is provided on Exhibits 12 and 13.
Table 8: Five -Year Capital Improvement Funding Sources
Water and
Description Wastewater Stormwater
Rates and Reserves $7,816,500 $375,800
R&R Funds 1,059,600 332,700
Proposed New Debt 19,173,700 2,382,300
Total $28,049,800 $3,090,800
5. As shown on Table 8 above, new debt of $19.2 million for the water and wastewater utility and $2.4 million
for the stormwater utility is anticipated to be issued over the next 5 -year period to fund certain capital
improvements. Three revenue bonds are anticipated to be issued in Fiscal Years 2022, 2025, and 2028 for
$17.6, $8.3, and $9.0 respectively, some of which is outside of the next 5 -years. Debt runs for these revenue
bonds have been provided by The City's Financial Advisor, Ford and Associates, and have been
incorporated into the financial forecast.
6. There is currently one outstanding debt obligation with a pledge on the revenues generated by the System.
The 2021 Promissory Note (2021 Note) was recently issued to refund the 2011 Utility and Parking System
Revenue Note and other outstanding loans of the City. The 2011 Utility and Parking System Revenue Note
was originally issued to finance the design and construction of a sewer lift station and to develop surface
parking facilities; of which the sewer portion accounted for 50% of the total principal. This relative amount
of the 2021 Note, which includes refunding of several loans is allocated to the sewer system and accounts
for annual payments of approximately $95,000 and matures in FY 2026.
7. The System should strive to maintain adequate cash reserves to meet day-to-day funding needs as well as to
be able to provide funds to meet any unexpected emergencies requiring immediate financial resources. Based
on prudent utility business principles, which are discussed further in Section 4, the equivalent of six months
of operation and maintenance expenses is targeted as the minimum unrestricted operating reserves to be
achieved by the water and wastewater system. This amount equates to approximately $3.0 to $3.5 million
over the Forecast Period. For the stormwater system, the minimum target is three months, or 90 days, of
O&M expenses which equates to approximately $110,000.
8. The System also collects other operating revenues from miscellaneous charges for specific customer services
such as meter installation fees, fire line fees, backflow inspection fees, and other miscellaneous revenues.
These miscellaneous revenues are available to reduce the amount of revenue requirements needed to be
collected from the monthly user rates.
(Remainder of Page Intentionally Left Blank)
20 SECTION 3. REVENUE REQUIREMENTS
Revenue Requirements Summary
The projected net revenue requirements for the water system over the next five-year period, less miscellaneous
income, are summarized below:
Table 9: Projected Water Net Revenue Requirements
Description FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Operating Expenses $2,985,100 $3,108,100 $3,238,500 $3,375,600 $3,519,300
Debt Service 224,000 449,400 450,500 647,700 845,900
R&R Transfer 71,300 72,800 74,500 76,200 78,000
Operating Transfer Out 375,100 265,300 155,500 45,700 45,700
Capital Funded by Rates 77,100 279,800 116,600 355,500 0
Gross Revenue Requirements $3,732,600 $4,175,400 $4,035,600 $4,500,700 $4,488,900
Miscellaneous Revenues 70,600 74,350 76,100 74,850 75,000
Net Revenue Requirements $3,662,000 $4,101,050 $3,959,500 $4,425,850 $4,413,900
As shown on the table above, the net revenue requirements in total on the water system fluctuate from year to year
largely due to the capital funded by rates. The capital funded by rates varies by year depending on the funding needs
identified on the CIP. The largest component of the net revenue requirements is the operating expenses, which are
increasing each year based on inflationary and other cost pressures. Debt service requirements on the new proposed
debts begin in FY 2022 and start at approximately $224,000 and increase to $845,900 annually by FY 2026 as the
second issuance is made and additional debt service comes due.
The projected net revenue requirements for the wastewater system over the next five-year period, less miscellaneous
income, are summarized below:
Table 10: Projected Wastewater Net Revenue Requirements
Description FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Operating Expenses $3,212,400 $3,331,200 $3,459,600 $3,597,000 $3,735,900
Debt Service 304,100 513,000 513,300 672,300 830,600
R&R Transfer 71,300 72,800 74,500 76,200 78,000
Operating Transfer Out 375,100 265,300 155,500 45,700 45,700
Capital Funded by Rates 77,100 279,800 19,000 742,900 690,700
Gross Revenue Requirements $4,040,000 $4,462,100 $4,221,900 $5,134,100 $5,380,900
Miscellaneous Revenues 57,600 61,350 63,100 61,850 62,000
Net Revenue Requirements $3,982,400 $4,400,750 $4,158,800 $5,072,250 $5,318,900
As shown on Table 10 above, the wastewater net revenue requirements over the first five years of the Forecast Period
fluctuate similar to the water system. The fluctuations are primarily driven by the capital funded by rates. Operating
expenses allocated to the wastewater system are the largest component of the revenue requirements, and can be seen
as increasing each year after FY 2022 due to inflation. Debt service in FY 2021 is associated with the 2011 Note
which matures in FY 2026. Due to the new proposed loans, the annual debt service is then increased to over $800,000
before the end of the forecast period.
The projected net revenue requirements for the stormwater system over the next five-year period, less miscellaneous
revenues, are summarized below:
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 21
Table 11: Projected Stormwater Net Revenue Requirements
Description FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Operating Expenses $439,700 $442,700 $445,700 $448,800 $452,100
Debt Service 126,500 126,500 126,500 126,500 126,500
R&R Transfer 79,000 79,000 79,000 79,000 79,000
Operating Transfer Out 5,000 5,000 5,000 5,000 5,000
Capital Funded by Rates 0 0 0 0 0
Gross Revenue Requirements $650,200 $653,200 $656,200 $659,300 $662,600
Miscellaneous Revenues 10,300 10,300 10,300 10,300 10,300
Net Revenue Requirements $639,900 $642,900 $645,900 $649,000 $652,300
As can be seen on the table above, the stormwater net revenue requirements increase over the forecast period with
the introduction of new debt starting in FY 2022. Operating expenses are slightly increasing each year, after FY 2022,
due to the estimated budget escalation from inflationary pressures. The level of projects anticipated to be completed
by the City will result in the need for an adjustment to the stormwater rate level.
22 SECTION 3. REVENUE REQUIREMENTS
Section 4. Revenue Sufficiency
Analysis
General
The primary mechanism for generating revenues in order to recover the costs of providing water, wastewater, and
stormwater services are the adopted user rates, fees, and charges. This section discusses the existing rate structure as
well as the recommended rate levels over the next five-year period. In addition to the user rates, the System also
collects miscellaneous or ancillary charges for specifically requested services.
Existing Rates
The following table presents the water rates in effect as of October 1, 2021:
Table 12: Existing Water Rates Effective October 1, 2021
Description Amount
Single Family Residential
Base Charge:
5/8" $29.03
1" $48.42
Usage Charge per 1,000 Gallons
Block 1: 0 —15,000 gallons $4.76
Block 2: 15,001— 30,000 gallons $5.81
Block 3: Above 30,000 gallons $7.26
Multi-Family/Commercial
Base Charge:
5/8" $27.56
1" $71.66
1.5" $163.09
2" $281.12
4" $1,129.96
6" $2,536.23
8" $4,514.13
Usage Charge per 1,000 Gallons
All Usage $5.02
Lazy Lake
Base Charge:
5/8" $29.03
1" $48.42
Irrigation
Usage Charge per 1,000 Gallons
Single Family Residential:
Block 1: 0 — 30,000 gallons $5.81
Block 2: Above 30,000 gallons $7.26
Multi-Family/Commercial (All Usage) $6.12
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 23
Table 13 presents the existing wastewater rates that became effective on October 1, 2021.
Table 13: Existing Wastewater Rates Effective October 1, 2021
Description Amount
Single Family Residential
Base Charge:
5/8" $12.85
1" $21.40
Multi-Family/Commercial
Base Charge:
5/8" $12.19
1" $31.69
1.5" $70.62
2" $124.27
4" $499.44
6" $1,121.99
8" $1,994.62
Lazy Lake
Base Charge:
5/8" $12.85
1" $21.40
Usage Charge per 1,000 Gallons
Single Family Residential:
Block 1: 0 —15,000 gallons
Block 2: Above 15,000 gallons
All Other Customers (All Usage)
$8.87
$0.00
$8.87
The following table presents the stormwater rates in effect as of October 1, 2021:
Table 14: Existing Stormwater Rates Effective October 1, 2021
Description Amount
Single Family Residential per Unit
Multi -Family — Single Story per Unit
Multi -Family — Multi -Story per Unit
Commercial per ERU[1]
$6.46
$4.52
$3.23
$6.46
[1] Fee determined by multiplying the ERU rate times the
impervious area in square feet divided by the ERU factor
of 3,460.
Revenue Sufficiency of Existing Utility Rates
The projection of customers and sales discussed in Section 2 serves as the basis for the water and wastewater revenue
calculations. By applying the adopted user rates and charges to the projected customer and sales statistics the
expected rate revenue for each fiscal year is calculated. The water rate revenue surplus/deficiency for the next five-
year period under the existing rates is projected as follows:
24 SECTION 4. REVENUE SUFFICIENCY ANALYSIS
Table 15: Water Revenue Sufficiency Forecast at Existing Rates
Description
Net Revenue Requirements
Rate Revenue from Existing Rates [1]
Surplus/(Deficiency)
FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
$3,662,000 $4,101,050 $3,959,500 $4,425,850 $4,413,900
4,451,500 4,466,000 4,480,200 4,494,500 4,508,800
$789,500 $364,950 $520,700 $68,650 $94,900
[1] Detailed water revenue forecast provided on Exhibit 7
As shown above, revenue surpluses generated from existing rates are projected to significantly reduce beginning in
FY 2025. The reductions can be primarily attributed to the increasing operating expense requirements from inflation
each year, in addition to the proposed debt service anticipated to begin in FY 2022. With this finding it will be
necessary for the City to implement annual rate adjustments as provided later in this report.
The table below provides the wastewater rate revenue surplus/deficiency for the first five years of the Forecast Period
under the existing rates:
Table 16: Wastewater Revenue Sufficiency Forecast at Existing Rates
Description
Net Revenue Requirements
Rate Revenue from Existing Rates [1]
Surplus/(Deficiency)
FY 2022
$3,982,400
4,233,800
$251,400
[1] Detailed wastewater revenue forecast provided on Exhibit 8.
FY 2023 FY 2024 FY 2025
$4,400,750 $4,158,800 $5,072,250
4,247,000 4,260,100 4,273,100
($153,750) $101,300 ($799,150)
FY 2026
$5,318,900
4,286,200
($1,032,700)
As shown on Table 16 above, the wastewater rate revenues generated by the existing rates are projected to not be
sufficient to fund the identified revenues requirements for several of the next five years of the Forecast Period shown.
Based on the results of the wastewater system financial forecast and revenue sufficiency analysis as documented in
this report, Raftelis has identified the necessity for wastewater rate increases.
Table 17 below provides a forecast of the stormwater revenue surplus/deficiency for the first five years of the forecast
under the existing rates.
Table 17: Stormwater Revenue Sufficiency Forecast at Existing Rates
Description
Net Revenue Requirements
Rate Revenue from Existing Rates [1]
Surplus/(Deficiency)
FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
$639,900 $642,900 $645,900 $649,000 $652,300
547,300 548,900 550,500 552,200 554,000
($92,600) ($94,000) ($95,400) ($96,800) ($98,300)
[1] Detailed stormwater revenue forecast provided on Exhibit 9.
The deficiency for the stormwater system grows from approximately $66,000 in FY 2021 to nearly $100,000 per year
beginning in FY 2022. This is due to increased debt service requirements associated with the new proposed revenue
bond. Similar to both the water and wastewater system, the stormwater system will also require annual rate
adjustments as shown in Table 18 below.
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 25
Revenue Sufficiency of Projected Utility Rates
As previously discussed, the existing rates will not be sufficient to support the net revenue requirements forecast.
Therefore, rate adjustments will be necessary to some degree and may vary based on future customer growth and
usage patterns. The table below summarizes the system -wide rate adjustments necessary (using the growth
assumptions outlined in Section 2) to meet the operating requirements, debt service coverage requirements, capital
requirements, and the minimum target for unrestricted operating reserves.
Table 18: Projected Annual Rate Adjustments
Fiscal Year Water Wastewater Stormwater
2022 [1] 5.00% 5.00% 5.00%
2023 2.00% 3.00% 10.00%
2024 2.00% 3.00% 10.00%
2025 2.00% 3.00% 5.00%
2026 2.00% 3.00% 3.50%
[1] Adjustments already implemented by the City effective October 1, 2021.
Rate increases of 2.0% and 3.0% per year have been identified for the water and wastewater system, respectively,
through FY 2026 after the City implemented 5.0% adjustments in FY 2022. The stormwater system requires 10.0%
rate adjustments in FY 2023 and FY 2024, followed by 5.0% adjustments in FY 2025, then a 3.5% increase in FY
2026. The City has identified $3.8 million of capital improvements for the stormwater system over the next five-year
period, including new pump stations, outfall improvements, and other stormwater improvements. Due to these large
capital requirements which are considered by the City to be necessary to maintain efficient operations and to meet
regulatory requirements, the stormwater rates will need to be adjusted as shown above. Assuming the rate
adjustments are implemented beginning October 1, 2021 and each ensuing October 1, the following tables provide
an illustration of the projected revenue sufficiency for each of the systems.
Table 19: Water Revenue Sufficiency Forecast under Projected Rate Adjustments
Description [1] FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Net Revenue Requirements $3,662,000 $4,101,050 $3,959,500 $4,425,850 $4,413,900
Rate Revenue from Projected Rates 4,674,100 4,783,100 4,894,300 5,008,100 5,124,500
Surplus/(Deficiency) $1,012,100 $682,050 $934,800 $582,250 $710,600
[1] Detailed five-year water revenue sufficiency forecast provided on Exhibit 15.
Table 20: Wastewater Revenue Sufficiency Forecast under Projected Rate Adjustments
Description [1] FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Net Revenue Requirements $3,982,400 $4,400,750 $4,158,800 $5,072,250 $5,318,900
Rate Revenue from Projected Rates 4,445,500 4,593,200 4,745,500 4,902,800 5,065,300
Surplus/(Deficiency) $463,100 $192,450 $586,700 ($169,450) ($253,600)
[1] Detailed five-year wastewater revenue sufficiency forecast provided on Exhibit 16.
26 SECTION 4. REVENUE SUFFICIENCY ANALYSIS
Table 21: Stormwater Revenue Sufficiency Forecast under Projected Rate Adjustments
Description [1]
Net Revenue Requirements
Rate Revenue from Projected Rates
Surplus/(Deficiency)
FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
$639,900 $642,900 $645,900 $649,000 $652,300
574,665 633,980 699,410 736,649 764,917
($65,235) ($8,921) $53,510 $87,649 $112,617
[1] Detailed five-year stormwater revenue sufficiency forecast provided on Exhibit 17.
Typically loan agreements and bond resolutions require a pledge of system net revenues from water and wastewater
for the repayment of debt and include a provision for the minimum debt service coverage threshold. While most loan
agreements and bond resolutions require between 110% and 125% coverage, it is recommended that the City build
up to an all -in target of 150% to 170% coverage for future debt service in order to maintain sufficient cash flow to
continue executing capital projects and necessary R&R work. As shown on the next two tables below, and detailed
in Exhibits 18 and 19, with the proposed rate increases the projected debt service coverage exceeds the minimum
target each year:
Table 22: Projected Water and Wastewater Debt Service Coverage
Description FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
$9,119,600 $9,376,300 $9,639,800 $9,910,900 $10,189,800
128,200 135,700 139,200 136,700 137,000
$9,247,800 $9,512,000 $9,779,000 $10,047,600 $10,326,800
6,197,500 6,439,300 6,698,100 6,972,600 7,255,200
$3,050,300 $3,072,700 $3,080,900 $3,075,000 $3,071,600
$528,100 $962,400 $963,800 $1,320,000 $1,676,500
578% 319% 320% 233% 183%
Revenue from Projected Rates
Miscellaneous Revenues
Total Revenue
Operating Expenses
Net Revenue
Senior Lien Debt Service
Calculated Senior Coverage (Target 120%) [1]
Net Revenue After Payment of Debt
Transfer Out to the General Fund
Revenue Available for Other Uses
$2,522,200 $2,110,300 $2,117,100 $1,755,000 $1,395,100
750,200 530,600 311,000 91,400 91,400
$1,772,000 $1,579,700 $1,806,100 $1,663,600 $1,303,700
[1] Net Revenue divided by Senior Lien Debt Service payment each year.
Table 23: Projected Drainage Debt Service Coverage
Description
FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Revenue from Projected Rates $574,665 $633,980 $699,410 $736,649 $764,917
Miscellaneous Revenues 10,300 10,300 10,300 10,300 10,300
Total Revenue
Operating Expenses
Net Revenue
Senior Lien Debt Service
Calculated Senior Coverage (Target 120%) [1]
Net Revenue After Payment of Debt
Transfer Out to the General Fund
Revenue Available for Other Uses
$584,965 $644,280 $709,710 $746,949 $775,217
439,700 442,700 445,700 448,800 452,100
$145,265 $201,580 $264,010 $298,149 $323,117
$126,500 $126,500 $126,500 $126,500 $126,500
115% 159% 209% 236% 255%
$18,765 $75,080 $137,510 $171,649 $196,617
5,000 5,000 5,000 5,000 5,000
$13,765 $70,080 $132,510 $166,649 $191,617
[1] Net Revenue divided by Senior Lien Debt Service payment each year.
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 27
Utility Cash Reserves
Days cash on hand or unrestricted reserves as a percentage of operating expenses is a widely used metric in the utility
industry, especially by bond rating agencies. Establishing a reserve policy provides a basis for the City to manage
variances in revenue and expenses, and cope with potential fiscal emergencies such as revenue shortfalls, asset failure,
natural disaster etc. It also provides guidelines for sound financial management with an overall long-range
perspective to maintain financial solvency and mitigate financial risks associated with revenue instability, changes in
capital costs and emergencies.
Raftelis recommends that the City maintain at a minimum six months of operating expenses in unrestricted reserves.
The primary purposes include to provide working capital to support the operation, maintenance, and administration
of the System; and to fund future obligations that are necessary for maintaining reliable infrastructure. The
recommended and achieved unrestricted reserves for water, wastewater, and stormwater are presented below on
Tables 23 and 24.
Table 24: Utility Unrestricted Reserve Funds
Description FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Beginning Fund Balance $3,402,400 $4,877,600 $5,752,100 $5,097,600 $5,510,400
Net Operating Surplus 1,475,200 874,500 1,521,500 412,800 457,000
Transfers for Capital 0 0 (2,176,000) 0 (3,002,000)
Ending Balance $4,877,600 $5,752,100 $5,097,600 $5,510,400 $2,965,400
Target Minimum (210 Days O&M) $3,056,300 $3, 175,500 $3,303,200 $3,438,500 $3,577,900
As shown on the tables above, the reserve levels are reduced over the first three years of the forecast due to the phase
in approach of the rates which requires the use of operating reserves which reduces the economic impact to the City's
utility customers.
Table 25: Stormwater Unrestricted Reserve Funds
Description FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Beginning Fund Balance $582,828 $517,593 $508,673 $562,183 $274,031
Net Operating Surplus (65,235) (8,921) 53,510 87,649 112,617
Transfers for Capital 0 0 0 (375,800) 0
Ending Balance $517,593 $508,673 $562,183 $274,031 $386,648
Target Minimum (210 Days O&M) $108,419 $109,159 $109,899 $110,663 $111,477
The table below shows the ending fund balances for the City's water, wastewater, and stormwater systems:
Table 26: Water, Wastewater, and Stormwater Ending Fund Balances
Description
Unrestricted Utility Reserves
R&R Account
Sewer Impact Fee Reserve
Unrestricted Stormwater Reserve
Stormwater R&R Account
FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
$4,877,600 $5,752,100 $5,097,600 $5,510,400 $2,965,400
494,800 337,000 477,600 124,000 160,000
371,500 408,600 446,100 483,900 522,100
517,593 508,673 562,183 274,031 386,648
62,124 141,124 220,124 254,524 209,824
28 SECTION 4. REVENUE SUFFICIENCY ANALYSIS
Section 5. Rate Design
General
The Utility maintains a just and equitable rate structure and rates; however, certain modifications and adjustments
have been identified based on results of a detailed billing frequency analysis and to better align with City objectives.
The primary objectives being addressed by the recommended rate structure changes are water conservation and
improved equity between similar customer types.
WATER BASE CHARGES
The City currently charges a base charge to two types of customer class including single family and multi-
family/commercial that increase as the meter size increases to reflect the potential demand on the system. The 5/8 -
inch meter base charge is being reduced and the factors used to determine the charge for each meter size will be
related to the American Water Works Association (AWWA) meter size flow factors from the M6 manual.
Additionally, an adjustment is recommended to treat all single family connections the same regardless of meter size.
WASTEWATER BASE CHARGES
Similar to water, the wastewater base charges are currently designed to increase as the meter size used for service
increases to reflect the potential demand on the system. To maintain equitability and have a uniform application, the
AWWA factors applied to the larger water meters will be made consistent for the monthly wastewater base charges.
Additionally, the single family base charges will be unified for each individual connection.
WATER VOLUMETRIC RATES
Water consumption is billed based on an inclining tiered rate structure designed to promote conservation. This is a
typical water volumetric rate structure in the utility industry. However, based on the desire to encourage water
conservation certain adjustments to this tiered structure are being recommended that will send pricing signals to
customers at lower consumption amounts each month. First, the amount of gallons included in each tier are being
reduced significantly. Second, the rates applied to all four tiers are being increased, with the higher use blocks
increasing more than the lower usage blocks.
Rate Design Results
Based on the objectives identified above, and using the costs and number of customers presented in prior sections of
this report the following tables present the proposed inside City water and wastewater rates for implementation in
FY 2022 (beginning October 1, 2021).
(Remainder of Page Intentionally Left Blank)
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 29
Table 27: Proposed Residential Water Rates
Rate Component FY 2021 Rate Design
Base Charge
5/8 -inch $27.65 $22.50
1 -inch $46.11 $22.50
Usage Charges (per 1,000 gal)
Block 1 $4.53 $5.04
Block 2 $5.53 $6.30
Block 3 $6.91 $7.56
Block 4 N/A $10.08
Consumption Blocks (1,000 gal)
Block l 0 -15 0 - 3
Block2 15-30 3-6
Block 3 Above 30 6 - 12
Block 4 N/A Above 12
Table 28: Proposed Multi -Family & Commercial Water Rates
Rate Component
FY 2021 Rate Design
Base Charge
5/8 -inch $26.25 $22.50
1 -inch $68.25 $56.25
1.5 -inch $155.32 $112.50
2 -inch $267.73 $180.00
4 -inch $1,076.15 $562.50
6 -inch $2,418.31 $1,125.00
8 -inch $4,299.17 $1,800.00
Usage Charges (per 1,000 gal)
All Usage $4.78 $5.04
Table 29: Proposed Single Family Wastewater Rates
Rate Component
FY 2021 Rate Design
Base Charge
5/8 -inch $12.24 $12.25
1 -inch $20.38 $12.25
Usage Charges (per 1,000 gal) $8.45 $8.59
Usage Cap 15,000 15,000
Table 30: Proposed Multi -Family & Commercial Wastewater Rates
Rate Component
FY 2021 Rate Design
Base Charge
5/8 -inch $11.61 $12.25
1 -inch $30.18 $30.63
1.5 -inch $67.26 $61.25
2 -inch $118.35 $98.00
4 -inch $475.66 $306.25
6 -inch $1,068.56 $612.50
8 -inch $1,899.64 $980.00
Usage Charges (per 1,000 gal)
All Usage $8.45 $8.59
30 SECTION 4. REVENUE SUFFICIENCY ANALYSIS
Rate Design Customer Bill Impacts
The tables and discussion below have been included for information purposes. Any change of rate structure has the
potential for larger impacts to certain customers or customer classes.
Below is a table illustrating impacts at various usage levels for a majority of the Utility's customers, single family
inside city using less than 20,000 gallons per month of combined water and sewer services. The cumulative
percentage of single family water bills has been included to provide context for how these proposed rates will impact
the customer base. For example, the City sends out 57.6% of monthly bills to single family customers for 4,000 -
gallons or less, meaning 57.6% of these customers will see a reduced bill from the rate structure change. Once single
family customers start using high quantities of water in the 15,000 to 20,000 gallon range, which typically correspond
with irrigation consumption, the monthly bills are increased by a higher percentage to encourage customers to use
less water (conservation) and at the same time can reduce their bill.
Table 31: 5/8 -inch Single Family Sample Bill Impacts (Water and Wastewater)
Cumulative %
Single Family
Bills
6.1%
44.4%
57.6%
74.2%
94.0%
97.0%
Usage
3,000
4,000
7,000
15,000
20,000
Existing Rates
0 $39.89
$78.83
$91.81
$117.77
$234.59
$262.24
Proposed
Rates
$34.75
$75.64
$90.53
$120.31
$273.22
$323.62
Difference
($5.14)
($3.19)
($1.28)
$2.54
$38.63
$61.38
Comparison with Local Utilities
A common analysis reviewed by municipalities is how they're rates compare to those of other neighboring utilities.
The following figure compares a water bill to other local communities at the typical City water customer usage level
of 6,000 gallons per month. When making comparisons of rates between different utilities, several factors may have
an effect on the rate levels being charged. These factors may include:
• Size of the system or overall economies with other utility services;
• Level of treatment and effluent disposal methods;
• Wholesale purchase terms and conditions and capacity utilization;
• Plant age, capacity utilisation, grant and other outside funding;
• General fund and administrative fee transfers to municipal and County governments;
• Bond covenants and funding requirements of the rates; and
• Specific rate structure attributes for each customer class and usage level.
As shown on the figure below the City's rates are on the higher end of the comparison with other neighboring utilities
throughout Broward County used for this comparison. The bills shown are for FY 2021 rate levels for other
communities, which will likely increase rates in future years to meet increasing operating, capital, and regulatory
costs.
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 31
Figure 2: Local Comparison: Single Family 6,000 Gallons
City of Deerfield Beach - 3/4"
Broward County
City of Coconut Creek - 5/8"
City of Fort Lauderdale - 5/8"
City of Noth Lauderdale - 5/8"
City of Miramar
City of Deerfield Beach - 1"
City of Parkland
City of Sunrise
City of Hollywood
City of Fort Lauderdale - 1"
City of Noth Lauderdale - 3/4"
City of Dania Beach
Town of Davie
City of Oakland Park
City of Wilton Manors - 5/8" Existing
City of Wilton Manors - 5/8" & 1" Proposed
City of Coconut Creek - 1"
City of Wilton Manors - 1" Existing
City of Noth Lauderdale - 1"
1 $58.14 1
MN $76.82 1
NMI $84.68 1
MIMI $86.39 1
$87.25 1
$89.79 1
® $97.12 1
$97.51 1
$100.05 1
- $106.76 1
$107.74 1
1111 $107.78 1
$107.82 1
- $112.14 1
® $114.69 1
® $117.77 1
- $120.31 1
- $125.13 1
®MI $144.37 1
$292.50 1
$0.00 $50.00 $100.00 $150.00 $200.00 $250.00 $300.00 $350.00
® Water ■ Sewer
32 SECTION 4. REVENUE SUFFICIENCY ANALYSIS
Section 5. Findings,
Conclusions, and
Recommendations
Findings
The Utility has recently update the master plan that includes a CIP to meet the service requirements of the renewing,
updating, and expanding the water, wastewater, and stormwater facilities. Funding of the CIP will require use of
future borrowings to minimize the use of existing utility reserves and to allocate the benefit of the improvements
based on the service lives of the improvements to existing and future customers. The existing rate structures provide
just and equitable mechanisms to recovery costs based on customer characteristics and usage. However, through
discussions with City staff, it has been determined that several changes are warranted to promote conservation and
increase the equity between customers and customer classes. The projected operating costs reflect reasonable
amounts for providing the labor, materials, debt service, R&R, wholesale purchases, transfers and other requirements
for continued excellent service to the community. Revenue sufficiency projections indicated that the existing rates
cannot provide sufficient revenues to meet future operating and CIP requirements.
Conclusions
Based on the findings the Utility needs: 1) to adjust all user rates, fees and charges to meet the revenue requirements
and maintain sufficient fund balances; 2) to modify the rate structure to promote conservation and increased
customer equity; and 3) bcgin planning for future borrowings with the financing team to ensure a fully funded CTP.
Recommendations
Based on the information, analysis, discussions, findings and conclusions included in this Study, it is recommended
that:
1. The City adopt the following across-the-board rate adjustments for water and wastewater effective the first
full billing period after October 1, 2021 (Fiscal Year 2022) and each fiscal year through 2024. These rate
adjustments are designed to be applied uniformly to each service area and each rate component in addition
to any annual CPI Adjustments or wholesale pass through adjustments.
Fiscal Year Water Wastewater
FY 2022 [1] 5.00% 5.00%
FY 2023 2.00% 3.00%
FY 2024 2.00% 3.00%
FY 2025* 2.00% 3.00%
FY 2026* 2.00% 3.00%
[1] Adjustments already adopted by the City.
* Additional rate adjustments for water and wastewater are
anticipated beyond FY 2024, but the recommendation is to update
the financial forecast prior to implementation of adjustments for
FY 2025 and FY 2026 due to the level of capital projects and debt
funding identified that may change as the plans evolve.
WATER, WASTEWATER, AND STORMWATER RATE STUDY REPORT 33
2. The City should implement the rate structure adjustments identified on Tables 27, 28, 29, and 30 that unify
the single family base charges, adjust the multi-family/commercial base charges to reflect industry standard,
and establish the new block rates and gallonage ranges to promote conservation.
3. The City adopted the following stormwater rates effective the first full billing period after October 1, 2021
(Fiscal Year 2022) and each fiscal year through 2024, which reflect a significant increase in rate level from
the existing monthly rate of $6.15.
Stormwater
Fiscal Year Monthly Rate [1] Percent Adjustment
FY 2022 [2] $6.45 5.0%
FY 2023 $7.09 10.0%
FY 2024 $7.79 10.0%
FY 2025* $8.17 5.0%
FY 2026* $8.45 3.5%
[1] Rate shown applies to the Single family accounts and per ERU for non-
residential accounts. Multi -family single story and multi -family multi -story
accounts have factors of 70% and 50% per unit, respectively that apply to the rates
shown above.
[2] Adjustment already adopted by the City.
4. The City comply with Chapter 180.136 FS regarding customer notification of any public meeting where rate
adjustments will be discussed.
180.136 Water or sewer utilities: notice. Before a local government water or sewer utility increases any
rate, charge, or fee for water or sewer utility service, the utility shall provide notice of the proposed increase
to each customer of the utility through the utility's billing process. The notice shall state the date, time, and
place of the meeting of the governing board of the local government at which such increase will be
considered. The notice required in this section is in addition to any notice and public meeting requirements
for ordinance adoption as provided by general law.
5. Periodic reviews should be conducted of financial conditions to ensure that the recommended rate
adjustments are materially meeting the primary objectives of revenue sufficiency, equitable cost recovery,
creditworthiness and accumulating reserves for expansion CIP. It is recommended that in two to three years,
the City update the financial forecast to validate the rate adjustments needed in future years.
34 SECTION 4. REVENUE SUFFICIENCY ANALYSIS
Exhibit 1:
Water Budget Projections
City of Wilton Manors
2021 Utility Rate Study
Exhibit 1: Water Budget Projections
Code
Description
Dept 5330 - WATER U/B PERSONNEL
PERSONNEL WAGES
401-5330-5121.000 Salaries - Full Time
401-5330-5122.000 Curr Lia-Compensated Abs
401-5330-5141.000 Overtime
PERSONNEL WAGES
PERSONNEL BENEFITS
401-5330-5211.000
401-5330-5221.000
401-5330-5222.000
401-5330-5231.000
PERSONNEL BENEFITS
O&M Expenses
FICA
Pension - WM
Pension - FRS
Life & Health Insurance
Total Dept 5330 - WATER U/B PERSONNEL
Dept 5331- SEWER U/B PERSONNEL
PERSONNEL WAGES
401-5331-5121.000 Salaries - Full Time
401-5331-5122.000 Curr Lia-Compensated Abs
401-5331-5141.000 Overtime
PERSONNEL WAGES
PERSONNEL BENEFITS
401-5331-5211.000
401-5331-5221.000
401-5331-5222.000
401-5331-5231.000
PERSONNEL BENEFITS
O&M Expenses
FICA
Pension - WM
Pension - FRS
Life & Health Insurance
Total Dept 5331- SEWER U/B PERSONNEL
Dept 5332 - SEWER OPERATIONS
PERSONNEL WAGES
401-5332-5121.000
401-5332-5122.000
401-5332-5141.000
401-5332-5154.000
401-5332-5232.000
PERSONNEL WAGES
PERSONNEL BENEFITS
401-5332-5151.000
401-5332-5211.000
401-5332-5221.000
401-5332-5222.000
401-5332-5231.000
PERSONNEL BENEFITS
Salaries - Full Time
Curr Lia-Compensated Abs
Overtime
Duty Pay
Insurance Opt -Out
Cellular Phone Stipend
FICA
Pension - WM
Pension - FRS
Life & Health Insurance
OPERATING EXPENDITURES
401-5332-5311.000
401-5332-5312.000
401-5332-5321.000
401-5332-5341.000
401-5332-5342.000
401-5332-5401.000
401-5332-5411.000
401-5332-5412.000
401-5332-5431.000
401-5332-5451.000
401-5332-5462.000
401-5332-5463.000
401-5332-5464.000
401-5332-5466.000
401-5332-5469.000
Professional Services
LEGAL SERVICES - CITY ATTORNEY
Audit & Accounting
Contractual Services
Contractual - Waste Water
Meetings & Conferences
Telephone
Postage
Utilities
Insurance
Equipment Maint-Repair
Vehicle Maint-Repair
VEHICLE OPERATION -FUEL
Building Maintenance
System Maintenance
Escalation
Factor
Labor
Labor
Labor
Labor
Labor
Labor
Insurance
Labor
Labor
Labor
Labor
Labor
Labor
Insurance
Labor
Labor
Labor
Labor
Insurance
Labor
Labor
Labor
Labor
Insurance
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
FY 2021 FY 2022
$67,000 $69,300
O 0
800 800
FY 2023 FY 2024 FY 2025 FY 2026
$71,700 $74,200 $76,800 $79,500
0 0 0 0
800 800 800 800
$67,800 $70,100 572,500 $75,000 $77,600 $80,300
$5,000
9,200
3,400
16,100
$33,700
$5,200
9,500
3,500
16,900
$35,100
$5,400
9,800
3,600
17,700
$36,500
$5,600
10,100
3,700
18,600
$38,000
$5,800
10,500
3,800
19,500
539,600
$6,000
10,900
3,900
20,500
$41,300
$101,500 $105,200 5109,000 $113,000 5117,200 $121,600
$101,500 5105,200 5109,000 $113,000 5117,200 5121,600
$0 $0 $0 $o 50 $0
O 0 0 0 0 0
O 0 0 0 0 0
$0 $0 $0 $0 50 $0
O $0 $0 $0 $o 50
O 0 0 0 0 0
O 0 0 0 0 0
O 0 0 0 0 0
$o $o $o 50 $0 5o
$0
$o
$0
$0
$0
$0
$0
$0
0
0
0
0
50
$o
0
0
0
0
$0
$0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$0
$0
0
0
0
0
So
50
0
0
0
0
$0
50
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$o
$0
0
0
0
0
$o
So
0
0
0
0
$0
$0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$0
50
0
0
0
0
$o
$o
0
0
0
0
5o
So
0
0
0
0
0
0
0
0
0
0
0
0
0
0
50
$0
0
0
0
0
$0
So
0
0
0
0
$0
50
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$0
$0
0
0
0
0
So
$o
0
0
0
0
50
$0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
City of Wilton Manors
2021 Utility Rate Study
Exhibit 1: Water Budget Projections
Code Description
401-5332-5471.000 Printing & Binding
401-5332-5491.000 City Hall Indirect Chgs
401-5332-5511.000 Office Supplies
401-5332-5521.000 Operating Supplies
401-5332-5524.000 Uniforms & Clothing
401-5332-5541.000 Subs, Memberships, Dues
401-5332-5542.000 Training/Education
401-5332-5544.000 Tuition Reimbursement
401-5332-5951.000 Contingencies
OPERATING EXPENDITURES
O&M Expenses
CAPITAL
401-5332-5690.000
401-5332-5954.000
401-5332-5955.000
CAPITAL
Contribution to Capital Replacement Plan
Conting-Cap/Equipment
Current Year Capital Expenditure
DEBT SERVICE
401-5332-5701.000 Debt Service
DEBT SERVICE
DEPRECIATION
401-5332-5994.000
401-5332-5995.000
401-5332-5997.000
401-5332-5998.000
DEPRECIATION
Dep Exp-Furn & Equipment
Depr Exp - Sewer
Dep Exp - Sys Imp Proj
Dep Exp - Buildings
Total Dept 5332 - SEWER OPERATIONS
Dept 5333 - WATER OPERATIONS
PERSONNEL WAGES
401-5333-5121.000 Salaries - Full Time
401-5333-5122.000 Curr Lia-Compensated Abs
401-5333-5141.000 Overtime
401-5333-5154.000 Duty Pay
401-5333-5232.000 Insurance Opt -Out
PERSONNEL WAGES
PERSONNEL BENEFITS
401-5333-5151.000
401-5333-5211.000
401-5333-5221.000
401-5333-5222.000
401-5333-5231.000
PERSONNEL BENEFITS
OPERATING EXPENDITURES
401-5333-5311.000
401-5333-5312.000
401-5333-5321.000
401-5333-5341.000
401-5333-5401.000
401-5333-5411.000
401-5333-5412.000
401-5333-5432.000
401-5333-5451.000
401-5333-5462.000
401-5333-5463.000
401-5333-5464.000
401-5333-5466.000
401-5333-5469.000
401-5333-5471.000
401-5333-5491.000
401-5333-5496.000
401-5333-5511.000
Cellular Phone Stipend
FICA
Pension - WM
Pension - FRS
Life & Health Insurance
Professional Services
Legal Services - City Attorney
Audit & Accounting
Contractual Services
Meetings & Conferences
Telephone
Postage
Water Purchases
Water Purchases - (Capital Pass -Through)
Insurance
Equipment Maint-Repair
Vehicle Maint-Repair
Vehicle Operation - Fuel
Building Maintenance
System Maintenance
Printing & Binding
City Hall Indirect Chgs
Year End Inventory Adjmt
Office Supplies
Escalation
Factor
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Calculated
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Constant
Inflation
Inflation
FY 2021
0
0
0
0
0
0
0
0
0
FY 2022
0
0
0
0
0
0
0
0
0
so $0
FY 2023
0
0
0
0
0
0
0
0
0
$0
FY 2024
0
0
0
0
0
0
0
0
0
so
FY 2025
0
0
0
0
0
0
0
0
0
$o
FY 2026
0
0
0
0
0
0
0
0
0
so
so $0 so $0 $0 $0
$0 so $0 $0 so $0
O 0 0 0 0 0
O 0 0 0 0 0
so $0 $0 $0 $0 $0
so $0 $0 $0 $0 $0
$0 $0 $0 $0 $0 $0
$o $o $o $o $o $o
O 0 0 0 0 0
O 0 0 0 0 0
O 0 0 0 0 0
$0 $0 $0 $0 $0 $0
$0
$110,700
0
4,100
2,600
0
$117,400 $119,600 $122,200 $125,000 $127,900 $130,900
$0
$112,800
0
4,200
2,600
0
so
$115,200
0
4,300
2,700
0
$0
$117,800
0
4,400
2,800
0
$0
$120,500
0
4,500
2,900
0
$0
$123,300
0
4,600
3,000
0
$800
8,200
15,100
16,500
18,700
$59,300
$1,500
5,000
10,400
25,600
900
1,700
11,500
1,927,900
150,000
18,400
7,000
5,300
2,600
5,200
70,700
1,200
328,500
0
3,500
$800
8,400
15,400
16,800
19,100
$60,500
$1,500
5,100
10,600
26,100
900
1,700
11,700
2,030,500
152,900
18,700
7,100
5,400
2,600
5,300
72,000
1,200
328,500
0
3,600
$800
8,600
15,700
17,200
19,500
$61,800
$1,500
5,200
10,800
26,600
900
1,700
11,900
2,139,000
156,100
19,100
7,200
5,500
2,700
5,400
73,500
1,200
328,500
0
3,700
$800
8,800
16,100
17,600
19,900
$63,200
$1,500
5,300
11,000
27,200
900
1,700
12,200
2,253,500
159,700
19,500
7,400
5,600
2,800
5,500
75,200
1,200
328,500
0
3,800
$800
9,000
16,500
18,000
20,400
$64,700
$1,500
5,400
11,300
27,800
900
1,700
12,500
2,374,100
163,400
19,900
7,600
5,700
2,900
5,600
76,900
1,200
328,500
0
3,900
$800
9,200
16,900
18,400
20,900
$66,200
$1,500
5,500
11,600
28,400
900
1,700
12,800
2,500,700
167,200
20,400
7,800
5,800
3,000
5,700
78,700
1,200
328,500
0
4,000
City of Wilton Manors
2021 Utility Rate Study
Exhibit 1: Water Budget Projections
Code
401-5333-5521.000
401-5333-5524.000
401-5333-5541.000
401-5333-5542.000
401-5333-5544.000
401-5333-5991.000
OPERATING EXPENDITURES
O&M Expenses
CAPITAL
401-5333-5690.000
401-5333-5954.000
401-5333-5955.000
CAPITAL
DEPRECIATION
401-5333-5992.000
401-5333-5993.000
401-5333-5994.000
401-5333-5995.000
401-5333-5996.000
401-5333-5997.000
401-5333-5998.000
DEPRECIATION
Description
Operating Supplies
Uniforms & Clothing
Subs, Memberships, Dues
Training/Education
Tuition Reimbursement
Contingency - Fund Balance
Contribution to Capital Replacement Plan
Conting-Cap/Equipment
Current Year Capital Expenditure
Depreciation Expense
Dep Exp -System & Improvements
Dep Exp - Fire Hydrants
Dep Exp - Autos & Trucks
Dep Exp - Furn & Equipment
Dep Exp - Sys Imp Proj
Dep Exp - Buildings
Total Dept 5333 - WATER OPERATIONS
Dept 5881- INTERFUND TRANSFERS
TRANSFERS OUT
401-5881-5911.000 Operating Transfers Out
TRANSFERS OUT
Escalation
Factor FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Inflation 5,900 6,000 6,100 6,200 6,300 6,400
Inflation 1,800 1,800 1,800 1,800 1,800 1,800
Inflation 1,800 1,800 1,800 1,800 1,800 1,800
Inflation 4,700 4,800 4,900 5,000 5,100 5,200
Inflation 0 0 0 0 0 0
Inflation 0 0 0 0 0 0
$2,591,100 $2,699,800 $2,815,100 $2,937,300 $3,065,800 $3,200,600
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
$2,767,800 $2,879,900 $2,999,100 $3,125,500 $3,258,400 $3,397,700
$70,000
0
0
$70,000 571,300 $72,800 $74,500 $76,200 $78,000
$71,300
0
0
$72,800
0
0
$74,500
0
0
$76,200
0
0
$78,000
0
0
$0
0
0
0
0
0
0
$0
So
0
0
0
0
0
0
$o
So
0
0
0
0
0
0
So
$o
0
0
0
0
0
0
$o
$o
0
0
0
0
0
0
$o
So
0
0
0
0
0
0
$0
$2,837,800 $2,951,200 $3,071,900 $3,200,000 $3,334,600 $3,475,700
Calculated $509,600 $375,100 $265,300 $155,500 $45,700 $45,700
$509,600 $375,100 $265,300 $155,500 $45,700 $45,700
Total Dept 5881 - INTERFUND TRANSFERS $509,600 $375,100 $265,300 $155,500 $45,700 $45,700
Total O&M
Total Capital
Total Depreciation
Total Debt
Interfund Transfers
TOTAL EXPENDITURES
$2,869,300
70,000
0
0
509,600
$3,448,900
$2,985,100
71,300
0
0
375,100
$3,431,500
$3,108,100 $3,238,500
72,800 74,500
0 0
0 0
265,300 155,500
$3,446,200 $3,468,500
$3,375,600
76,200
0
0
45,700
$3,497,500
$3,519,300
78,000
0
0
45,700
$3,643,000
Exhibit 2:
Wastewater Budget Projections
City of Wilton Manors
2021 Utility Rate Study
Exhibit 2: Wastewater Budget Projections
Escalation
Code Description Factor FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Dept 5330 - WATER U/B PERSONNEL
PERSONNEL WAGES
401-5330-5121.000 Salaries - Full Time Labor $0 $0 $0 $0 $0 $0
401-5330-5122.000 Curr Lia-Compensated Abs Labor 0 0 0 0 0 0
401-5330-5141.000 Overtime Labor 0 0 0 0 0 0
PERSONNEL WAGES $0 $0 $0 $0 $0 $0
PERSONNEL BENEFITS
401-5330-5211.000 FICA Labor $0 $0 $0 $0 $0 $0
401-5330-5221.000 Pension - WM Labor 0 0 0 0 0 0
401-5330-5222.000 Pension - FRS Labor 0 0 0 0 0 0
401-5330-5231.000 Life & Health lnsurance Insurance 0 0 0 0 0 0
PERSONNEL BENEFITS $0 $0 $0 $0 $0 $0
O&M Expenses
Total Dept 5330 - WATER U/B PERSONNEL
$o so 50 $0 $o $0
$0 $0 $0 $0 $0 $0
Dept 5331 - SEWER U/B PERSONNEL
PERSONNEL WAGES
401-5331-5121.000 Salaries - Full Time Labor $67,000 $69,300 $71,700 $74,200 $76,800 $79,500
401-5331-5122.000 Curr Lia-Compensated Abs Labor 0 0 0 0 0 0
401-5331-5141.000 Overtime Labor 800 800 800 800 800 800
PERSONNEL WAGES $67,800 570,100 572,500 575,000 577,600 580,300
PERSONNEL BENEFITS
401-5331-5211.000 FICA Labor 55,000 $5,200 $5,400 $5,600 55,800 $6,000
401-5331-5221.000 Pension - WM Labor 26,900 27,800 28,800 29,800 30,800 31,900
401-5331-5222.000 Pension - FRS Labor 3,400 3,500 3,600 3,700 3,800 3,900
401-5331-5231.000 Life & Health Insurance Insurance 16,100 16,900 17,700 18,600 19,500 20,500
PERSONNEL BENEFITS 551,400 $53,400 $55,500 557,700 559,900 $62,300
O&M Expenses 5119,200 5123,500 5128,000 5132,700 $137,500 5142,600
Total Dept 5331- SEWER U/B PERSONNEL 5119,200 $123,500 5128,000 5132,700 5137,500 5142,600
Dept 5332 - SEWER OPERATIONS
PERSONNEL WAGES
401-5332-5121.000 Salaries - Full Time Labor 5197,700 $204,600 $211,800 5219,200 $226,900 5234,800
401-5332-5122.000 Curr Lia-Compensated Abs Labor 0 0 0 0 0 0
401-5332-5141.000 Overtime Labor 12,300 12,700 13,100 13,600 14,100 14,600
401-5332-5154.000 Duty Pay Labor 7,800 8,100 8,400 8,700 9,000 9,300
401-5332-5232.000 Insurance Opt -Out Insurance 0 0 0 0 0 0
PERSONNEL WAGES $217,800 5225,400 $233,300 5241,500 $250,000 $258,700
PERSONNEL BENEFITS
401-5332-5151.000 Cellular Phone Stipend Labor 51,600 $1,700 51,800 $1,900 52,000 $2,100
401-5332-5211.000 FICA Labor 14,700 15,200 15,700 16,200 16,800 17,400
401-5332-5221.000 Pension - WM Labor 9,200 9,500 9,800 10,100 10,500 10,900
401-5332-5222.000 Pension - FRS Labor 22,900 23,700 24,500 25,400 26,300 27,200
401-5332-5231.000 Life & Health Insurance Insurance 41,700 43,800 46,000 48,300 50,700 53,200
PERSONNEL BENEFITS $90,100 $93,900 $97,800 $101,900 $106,300 $110,800
OPERATING EXPENDITURES
401-5332-5311.000 Professional Services Inflation $1,000 $1,000 $1,000 $1,000 $1,000 $1,000
401-5332-5312.000 Legal Services - City Attorney Inflation 5,000 5,100 5,200 5,300 5,400 5,500
401-5332-5321.000 Audit & Accounting Inflation 10,400 10,600 10,800 11,000 11,300 11,600
401-5332-5341.000 Contractual Services Inflation 4,700 4,800 4,900 5,000 5,100 5,200
401-5332-5342.000 Contractual - Waste Water Calculated 1,883,300 1,883,300 1,979,900 2,084,700 2,197,600 2,311,100
Contractual - Waste Water (Capital Pass -Throe Calculated 303,800 303,800 303,800 303,800 303,800 303,800
401-5332-5401.000 Meetings & Conferences Inflation 0 0 0 0 0 0
401-5332-5411.000 Telephone Inflation 2,200 2,200 2,200 2,300 2,400 2,500
401-5332-5412.000 Postage Inflation 13,400 13,700 14,000 14,300 14,600 14,900
401-5332-5431.000 Utilities Inflation 71,300 72,700 74,200 75,900 77,600 79,400
401-5332-5451.000 Insurance Insurance 23,100 24,300 25,500 26,800 28,100 29,500
401-5332-5462.000 Equipment Maint-Repair Inflation 12,300 12,500 12,800 13,100 13,400 13,700
401-5332-5463.000 Vehicle Maint-Repair Inflation 3,400 3,500 3,600 3,700 3,800 3,900
401-5332-5464.000 Vehicle Operation - Fuel Inflation 6,800 6,900 7,000 7,200 7,400 7,600
401-5332-5466.000 Building Maintenance Inflation 7,500 7,600 7,800 8,000 8,200 8,400
City of Wilton Manors
2021 Utility Rate Study
Exhibit 2: Wastewater Budget Projections
Code
401-5332-5469.000
401-5332-5471.000
401-5332-5491.000
401-5332-5511.000
401-5332-5521.000
401-5332-5524.000
401-5332-5541.000
401-5332-5542.000
401-5332-5544.000
401-5332-5951.000 Contingencies
OPERATING EXPENDITURES
O&M Expenses
CAPITAL
401-5332-5690.000
401-5332-5954.000
401-5332-5955.000
CAPITAL
Description
System Maintenance
Printing & Binding
City Hall Indirect Chgs
Office Supplies
Operating Supplies
Uniforms & Clothing
Subs, Memberships, Dues
Training/Education
Tuition Reimbursement
Contribution to Capital Replacement Plan
Conting-Cap/Equipment
Current Year Capital Expenditure
DEBT SERVICE
401-5332-5701.000 Debt Service
DEBT SERVICE
DEPRECIATION
401-5332-5994.000
401-5332-5995.000
401-5332-5997.000
401-5332-5998.000
DEPRECIATION
Dep Exp-Furn & Equipment
Depr Exp - Sewer
Dep Exp - Sys Imp Proj
Dep Exp - Buildings
Total Dept 5332 - SEWER OPERATIONS
Dept 5333 - WATER OPERATIONS
PERSONNEL WAGES
401-5333-5121.000 Salaries - Full Time
401-5333-5122.000 Curr Lia-Compensated Abs
401-5333-5141.000 Overtime
401-5333-5154.000 Duty Pay
401-5333-5232.000 Insurance Opt -Out
PERSONNEL WAGES
PERSONNEL BENEFITS
401-5333-5151.000
401-5333-5211.000
401-5333-5221.000
401-5333-5222.000
401-5333-5231.000
PERSONNEL BENEFITS
OPERATING EXPENDITURES
401-5333-5311.000
401-5333-5312.000
401-5333-5321.000
401-5333-5341.000
401-5333-5401.000
401-5333-5411.000
401-5333-5412.000
401-5333-5432.000
401-5333-5451.000
401-5333-5462.000
401-5333-5463.000
401-5333-5464.000
401-5333-5466.000
401-5333-5469.000
401-5333-5471.000
401-5333-5491.000
401-5333-5496.000
401-5333-5511.000
Cellular Phone Stipend
FICA
Pension - WM
Pension - FRS
Life & Health Insurance
Professional Services
LEGAL SERVICES - CITY ATTORNEY
Audit & Accounting
Contractual Services
Meetings & Conferences
Telephone
Postage
Water Purchases
Insurance
Equipment Maint-Repair
Vehicle Maint-Repair
VEHICLE OPERATIION-FUEL
Building Maintenance
System Maintenance
Printing & Binding
City Hall Indirect Chgs
Year End Inventory Adjmt
Office Supplies
Escalation
Factor FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Inflation 233,500 70,000 71,500 73,100 74,800 76,500
Inflation 0 0 0 0 0 0
Constant 328,500 328,500 328,500 328,500 328,500 328,500
Inflation 3,000 3,100 3,200 3,300 3,400 3,500
Inflation 6,500 6,600 6,700 6,900 7,100 7,300
Inflation 1,800 1,800 1,800 1,800 1,800 1,800
Inflation 1,300 1,300 1,300 1,300 1,300 1,300
Inflation 6,200 6,300 6,400 6,500 6,600 6,800
Inflation 0 0 0 0 0 0
Inflation 0 0 0 0 0 0
$2,929,000 $2,769,600 $2,872,100 $2,983,500 $3,103,200 $3,223,800
$3,236,900 $3,088,900 $3,203,200 $3,326,900 $3,459,500 $3,593,300
Inflation $70,000 $71,300
Inflation 0 0
Inflation 0 0
$72,800
0
0
$74,500
0
0
$76,200
0
0
$78,000
0
0
$70,000 $71,300 $72,800 $74,500 $76,200 $78,000
Inflation $0 $0
so $0 $0 $0
so so $0 $o
so $0
Inflation $0 $0
Inflation 0 0
Inflation 0 0
Inflation 0 0
$o $o $o $0
O 0 0 0
O 0 0 0
O 0 0 0
so so so so
so $0
$3,306,900 $3,160,200 $3,276,000 $3,401,400 $3,535,700 $3,671,300
Inflation $0 $0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
$o $o $o $o
O 0 0 0
O 0 0 0
O 0 0 0
O 0 0 0
$o $o $0 $o
$0 $o
Inflation $0 $0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
so $o $0 $o
O 0 0 0
O 0 0 0
O 0 0 0
O 0 0 0
so $o $0 $o
$0 $0
Inflation $0 $0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
Inflation 0 0
$o $o $0 $0
O 0 0 0
0 0 0 0
O 0 0 0
O 0 0 0
O 0 0 0
O 0 0 0
O 0 0 0
O 0 0 0
O 0 0 0
0 0 0 0
O 0 0 0
O 0 0 0
O 0 0 0
O 0 0 0
O 0 0 0
O 0 0 0
O 0 0 0
City of Wilton Manors
2021 Utility Rate Study
Exhibit 2: Wastewater Budget Projections
Code
401-5333-5521.000
401-5333-5524.000
401-5333-5541.000
401-5333-5542.000
401-5333-5544.000
401-5333-5991.000
OPERATING EXPENDITURES
O&M Expenses
CAPITAL
401-5333-5690.000
401-5333-5954.000
401-5333-5955.000
CAPITAL
DEPRECIATION
401-5333-5992.000
401-5333-5993.000
401-5333-5994.000
401-5333-5995.000
401-5333-5996.000
401-5333-5997.000
401-5333-5998.000
DEPRECIATION
Description
Operating Supplies
Uniforms & Clothing
Subs, Memberships, Dues
Training/Education
Tuition Reimbursement
Contingency - Fund Balance
Contribution to Capital Replacement Plan
Conting-Cap/Equipment
Current Year Capital Expenditure
Depreciation Expense
Dep Exp -System & Improvements
Dep Exp - Fire Hydrants
Dep Exp - Autos & Trucks
Dep Exp - Furn & Equipment
Dep Exp - Sys Imp Proj
Dep Exp - Buildings
Total Dept 5333 - WATER OPERATIONS
Dept 5881 - INTERFUND TRANSFERS
TRANSFERS OUT
401-5881-5911.000 Operating Transfers Out
TRANSFERS OUT
Escalation
Factor
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
Inflation
FY 2021
0
0
0
0
0
0
FY 2022
0
0
0
0
0
0
FY 2023
0
0
0
0
0
0
FY 2024
0
0
0
0
0
0
FY 2025
0
0
0
0
0
0
FY 2026
0
0
0
0
0
0
$0 $0
$0 $0 $0 $0
$0
$o
0
0
$0
$0
0
0
0
0
0
0
$o
$0
$o
0
0
$o
$0
0
0
0
0
0
0
$0
$0
$0
0
0
$0
$0
0
0
0
0
0
0
$o
$0
$o
0
0
$0
50
0
0
0
0
0
0
$0
$D
$0
0
0
$0
50
0
0
0
0
0
0
$0
so
$D
0
0
50
$0
0
0
0
0
0
0
$o
50
$0
$0
$0
$0
$0
Calculated $509,600 $375,100 $265,300 $155,500 $45,700 $45,700
$509,600 $375,100 $265,300 $155,500 $45,700 $45,700
Total Dept 5881- INTERFUND TRANSFERS $509,600 $375,100 $265,300 $155,500 $45,700 $45,700
Total O&M
Total Capital
Total Depreciation
Total Debt
Interfund Transfers
TOTAL EXPENDITURES
$3,356,100
70,000
0
0
509,600
53,935,700
$3,212,400
71,300
0
0
375,100
53,658,800
53,331,200
72,800
0
0
265,300
$3,669,300
$3,459,600
74,500
0
0
155,500
$3,689,600
$3,597,000
76,200
0
0
45,700
$3,718,900
$3,735,900
78,000
0
0
45,700
$3,859,600
Exhibit 3:
Stormwater Budget Projections
City of Wilton Manors
2021 Utility Rate Study
Exhibit 3: Stormwater Budget Projections
Escalation
Code Description Reference FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Dept 5336- DRAINAGE OPERATIONS
PERSONNEL WAGES
450-5336-5121.000 SALARIES- FULL TIME Inflation $72,551 574,100 $75,800 $77,500 579,300 581,200
450-5336-5122.000 Curr Lia-Compensated Abs Inflation 0 0 0 0 0 0
450-5336-5141.000 Overtime Inflation 6,667 6,800 7,000 7,200 7,400 7,600
450-5336-5154.000 DUTY PAY Inflation 2,600 2,700 2,800 2,900 3,000 3,100
PERSONNEL WAGES 581,818 583,600 $85,600 587,600 $89,700 591,900
PERSONNEL BENEFITS
450-5336-5151.000 Cell Phone Stipend Inflation $720 $700 $700 $700 5700 5700
450-5336-5211.000 FICA Inflation 5,390 5,500 5,600 5,700 5,800 5,900
450-5336-5221.000 Pension - WM Inflation 9,890 10,100 10,300 10,500 10,700 11,000
450-5336-5222.000 Pension - FRS Inflation 8,182 8,400 8,600 8,800 9,000 9,200
450-5336-5231.000 Life & Health Insurance Inflation 20,176 20,600 21,100 21,600 22,100 22,600
PERSONNEL BENEFITS $44,358 545,300 546,300 $47,300 $48,300 549,400
OPERATING EXPENDITURES
450-5336-5311.000 Professional Services Constant $1,200 51,200 51,200 $1,200 51,200 51,200
450-5336-5341.000 Contractual Services Constant 35,220 35,200 35,200 35,200 35,200 35,200
450-5336-5411.000 Telephone Constant 240 200 200 200 200 200
450-5336-5412.000 Postage Constant 100 100 100 100 100 100
450-5336-5451.000 Insurance Constant 3,501 3,500 3,500 3,500 3,500 3,500
450-5336-5462.000 Equipment Maint-Repair Constant 9,700 9,700 9,700 9,700 9,700 9,700
450-5336-5463.000 Vehicle Maint-Repair Constant 2,900 2,900 2,900 2,900 2,900 2,900
450-5336-5464.000 VEHICLE OPERATION -FUEL Constant 3,959 4,000 4,000 4,000 4,000 4,000
450-5336-5469.000 SYSTEM MAINTENANCE Constant 171,000 70,000 70,000 70,000 70,000 70,000
450-5336-5491.000 City Hall Indirect Chgs Constant 168,294 168,300 168,300 168,300 168,300 168,300
450-5336-5521.000 Operating Supplies Constant 4,500 4,500 4,500 4,500 4,500 4,500
450-5336-5524.000 Uniforms & Clothing Constant 1,690 1,700 1,700 1,700 1,700 1,700
450-5336-5541.000 Subs, Memberships, Dues Constant 1,000 1,000 1,000 1,000 1,000 1,000
450-5336-5542.000 Training/Education Constant 4,750 4,800 4,800 4,800 4,800 4,800
450-5336-5951.000 Contingencies Constant 3,661 3,700 3,700 3,700 3,700 3,700
OPERATING EXPENDITURES 5411,715 5310,800 5310,800 $310,800 5310,800 5310,800
O&M Expenses 5537,891 5439,700 $442,700 5445,700 5448,800 5452,100
CAPITAL
450-5336-5690.000 CONTRIBUTION TO CAPITAL REPLACEMENT PLAN Constant 579,000 579,000 579,000 $79,000 579,000 $79,000
450-5336-5955.000 CURRENT YEAR CAPITAL EXPENDITURE Constant 0 0 0 0 0 0
CAPITAL 579,000 579,000 579,000 579,000 579,000 579,000
DEPRECIATION
450-5336-5993.000 Dep Exp -System & Improvements Constant 50 $0 $0 $0 $0 $0
450-5336-5994.000 Dep Exp - Furn & Equipment Constant 0 0 0 0 0 0
450-5336-5995.000 Dep Exp - Autos & Trucks Constant 0 0 0 0 0 0
DEPRECIATION $0 $0 50 $0 $0 $0
Total Dept 5336- DRAINAGE OPERATIONS 5616,891 5518,700 $521,700 $524,700 $527,800 5531,100
Dept 5881- INTERFUND TRANSFERS
TRANSFERS OUT
450-5881-5911.000 Operating Transfers Out Constant $4,990 $5,000 $5,000 55,000 55,000 $5,000
TRANSFERS OUT $4,990 55,000 $5,000 55,000 $5,000 $5,000
Total Dept 5881- INTERFUND TRANSFERS $4,990 $5,000 55,000 $5,000 $5,000 55,000
Total O&M $537,891 $439,700 $442,700 $445,700 5448,800 5452,100
Total Capital 79,000 79,000 79,000 79,000 79,000 79,000
Total Depreciation 0 0 0 0 0 0
Total Debt 0 0 0 0 0 0
Interfund Transfers 4,990 5,000 5,000 5,000 5,000 5,000
TOTAL EXPENDITURES 5621,881 $523,700 $526,700 $529,700 $532,800 $536,100
Exhibit 4:
Historical and Projected Water
Customers
City of Wilton Manors
2021 Utility Rate Study
Exhibit 4: Historical and Projected Water Customers
Growth Historical Projected
Description Factor FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Customers
Single Family
5/8 -inch Meter
Average monthly accounts None 2,330 2,816 2,816 2,816 2,816 2,816 2,816 2,816
Average monthly ERUs 2,330 2,816 2,816 2,816 2,816 2,816 2,816 2,816
Annual consumption (Th. gallons) 163,438 189,453 193,491 193,491 193,491 193,491 193,491 193,491
Average monthly kcal per ERU 5.85 5.61 5.73 5.73 5.73 5.73 5.73 5.73
1 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
None
149 213 213 21.3 213 213 213 213
249 355 355 355 355 355 355 355
11,319 15,205 15,671 15,671 15,671 15,671 15,671 15,671
3.79 3.57 3.68 3.68 3.68 3.68 3.68 3.68
Total average monthly accounts 2,479 3,029 3,029 3,029 3,029 3,029 3,029 3,029
Total average monthly ERUs 2,579 3,171 3,171 3,171 3,171 3,171 3,171 3,171
Total annual consumption (Th. gallons) 174,757 204,658 209,162 209,162 209,162 209,162 209,162 209,162
Average monthly kGal per ERU 5.65 5.38 5.51 5.45 5.48 5.46 5.47 5.47
Multi - Family
5/8 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
1 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kcal per ERU
1.5 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
2 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kcal per ERU
4 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
6 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
Medium
Medium
Medium
Medium
Medium
Medium
106 142 143 144 145 146 147 148
101 135 136 137 138 139 140 141
8,021 10,569 10,724 10,803 10,882 10,960 11,039 11,118
6.62 6.52 6.57 6.57 6.57 6.57 6.57 6.57
59 65 66 67 68 69 70 71
146 160 162 164 166 168 170 172
9,614 11,072 10,939 11,074 11,209 11,344 11,479 11,614
5.49 5.77 5.63 5.63 5.63 5.63 5.63 5.63
47 50 51 52 53 54 55 56
259 275 278 281 284 287 290 293
20,800 21,301 21,930 22,166 22,403 22,640 22,876 23,113
6.69 6.45 6.57 6.57 6.57 6.57 6.57 6.57
60 63 64 65 66 67 68 69
581 610 616 622 628 634 640 646
49,710 52,897 53,061 53,578 54,095 54,611 55,128 55,645
7.13 7.23 7.18 7.18 7.18 7.18 7.18 7.18
1 3 3 3 3 3 3 3
39 117 118 119 120 121 122 123
4,119 8,683 10,610 10,700 10,790 10,880 10,970 11,059
8.80 6.18 7.49 7.49 7.49 7.49 7.49 7.49
2 2 2 2 2 2 2 2
175 175 177 179 181 183 185 187
19,597 17,525 18,773 18,985 19,197 19,410 19,622 19,834
9.33 8.35 8.84 8.84 8.84 8.84 8.84 8.84
Total average monthly accounts 275 325 329 333 337 341 345 349
Total average monthly ERUs 1,301 1,472 1,487 1,502 1,517 1,532 1,547 1,562
Total annual consumption (Th. gallons) 111,861 122,047 126,037 127,306 128,575 129,845 131,114 132,384
Average monthly kcal per ERU 7.17 6.91 7.06 7.06 7.06 7.06 7.06 7.06
Multi - Residential
5/8 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
1 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kcal per ERU
Medium
Medium
162 384 388 392 396 400 404 408
154 365 369 373 377 381 385 389
7,132 14,441 14,599 14,758 14,916 15,074 15,232 15,391
3.86 3.30 3.30 3.30 3.30 3.30 3.30 3.30
89 1 1 1 1 1 1 1
220 2 2 2 2 2 2 2
3,193 111 111 111 111 111 111 111
1.21 4.63 4.63 4.63 4.63 4.63 4.63 4.63
Total average monthly accounts 251 385 389 393 397 401 405 409
Total average monthly ERUs 374 367 371 375 379 383 387 391
Total annual consumption (Th. gallons) 10,325 14,552 14,710 14,869 15,027 15,185 15,343 15,502
City of Wilton Manors
2021 Utility Rate Study
Exhibit 4: Historical and Projected Water Customers
Growth Historical Projected
Description Factor FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Average monthly kGal per ERU 2.30 3.30 3.30 3.30 3.30 3.30 3.30 3.30
Non Residential
5/8 -inch Meter
Average monthly accounts None 207 252 252 252 252 252 252 252
Average monthly ERUs 197 239 239 239 239 239 239 239
Annual consumption (Th. gallons) 17,462 16,136 16,136 16,136 16,136 16,136 16,136 16,136
Average monthly kcal per ERU 7.39 5.63 5.63 5.63 5.63 5.63 5.63 5.63
1 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
1.5 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
2 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
4 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kcal per ERU
None
None
None
None
74 81 81 81 81 81 81 81
183 200 200 200 200 200 200 200
13,371 13,653 13,653 13,653 13,653 13,653 13,653 13,653
6.09 5.69 5.69 5.69 5.69 5.69 5.69 5.69
28 32 32 32 32 32 32 32
154 176 176 176 176 176 176 176
7,657 8,666 8,708 8,708 8,708 8,708 8,708 8,708
4.14 4.10 4.12 4.12 4.12 4.12 4.12 4.12
27 28 28 28 28 28 28 28
261 271 271 271 271 271 271 271
31,716 27,771 30,351 30,351 30,351 30,351 30,351 30,351
10.13 8.54 9.33 9.33 9.33 9.33 9.33 9.33
1 1 1 1 1 1 1 1
39 39 39 39 39 39 39 39
4,158 4,055 4,107 4,107 4,107 4,107 4,107 4,107
8.88 8.66 8.77 8.77 8.77 8.77 8.77 8.77
Total average monthly accounts 337 394 394 394 394 394 394 394
Total average monthly ERUs 834 925 925 925 925 925 925 925
Total annual consumption (Th. gallons) 74,364 70,281 72,955 72,955 72,955 72,955 72,955 72,955
Average monthly kGal per ERU 7.43 6.33 6.57 6.57 6.57 6.57 6.57 6.57
Single Family Sprinklers
5/8 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
1 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
None
None
11 13 13 13 13 13 13 13
11 13 13 13 13 13 13 13
1,779 1,650 1,876 1,876 1,876 1,876 1,876 1,876
13.48 10.58 12.03 12.03 12.03 12.03 12.03 12.03
9 10 10 10 10 10 10 10
15 17 17 17 17 17 17 17
1,457 991 1,321 1,321 1,321 1,321 1,321 1,321
8.09 4.86 6.48 6.48 6.48 6.48 6.48 6.48
Total average monthly accounts 20 23 23 23 23 23 23 23
Total average monthly ERUs 26 30 30 30 30 30 30 30
Total annual consumption (Th. gallons) 3,236 2,641 3,197 3,197 3,197 3,197 3,197 3,197
Average monthly kGal per ERU 10.37 7.34 8.88 8.88 8.88 8.88 8.88 8.88
Multi Family Sprinklers
5/8 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
1 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
1.5 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kcal per ERU
None
None
None
12 14 14 14 14 14 14 14
12 13 13 13 13 13 13 13
1,619 1,533 1,643 1,643 1,643 1,643 1,643 1,643
11.24 9.83 10.53 10.53 10.53 10.53 10.53 10.53
13 13 13 13 13 13 13 13
32 32 32 32 32 32 32 32
5,368 4,867 5,118 5,118 5,118 5,118 5,118 5,118
13.98 12.67 13.33 13.33 13.33 13.33 13.33 13.33
3 4 4 4 4 4 4 4
17 22 22 22 22 22 22 22
2,804 2,107 2,868 2,868 2,868 2,868 2,868 2,868
13.75 7.98 10.86 10.86 10.86 10.86 10.86 10.86
2 -inch Meter
Average monthly accounts None 10 11 11 11 11 11 11 11
City of Wilton Manors
2021 Utility Rate Study
Exhibit 4: Historical and Projected Water Customers
Growth Historical Projected
Description Factor FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Average monthly ERUs 97 107 107 107 107 107 107 107
Annual consumption (Th. gallons) 7,128 5,822 6,842 6,842 6,842 6,842 6,842 6,842
Average monthly kGal per ERU 6.12 4.53 5.33 5.33 5.33 5.33 5.33 5.33
Total average monthly accounts 38 42 42 42 42 42 42 42
Total average monthly ERUs 158 174 174 174 174 174 174 174
Total annual consumption (Th. gallons) 16,919 14,329 16,471 16,471 16,471 16,471 16,471 16,471
Average monthly kGal per ERU 8.92 6.86 6.86 6.86 6.86 6.86 6.86 6.86
Non Residential Sprinklers
5/8 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
1 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
1.5 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
2 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
None
None
None
None
42 47 47 47 47 47 47 47
40 45 45 45 45 45 45 45
2,372 2,457 2,563 2,563 2,563 2,563 2,563 2,563
4.94 4.55 4.75 4.75 4.75 4.75 4.75 4.75
33 35 35 35 35 35 35 35
82 86 86 86 86 86 86 86
5,363 6,252 5,938 5,938 5,938 5,938 5,938 5,938
5.45 6.06 5.75 5.75 5.75 5.75 5.75 5.75
10 10 10 10 10 10 10 10
55 55 55 55 55 55 55 55
14,713 11,273 12,993 12,993 12,993 12,993 12,993 12,993
22.29 17.08 19.69 19.69 19.69 19.69 19.69 19.69
5 5 5 5 5 5 5 5
48 48 48 48 48 48 48 48
9,601 12,817 11,209 11,209 11,209 11,209 11,209 11,209
16.67 22.25 19.46 19.46 19.46 19.46 19.46 19.46
Total average monthly accounts 90 97 97 97 97 97 97 97
Total average monthly ERUs 225 234 234 234 234 234 234 234
Total annual consumption (Th. gallons) 32,049 32,799 32,703 32,703 32,703 32,703 32,703 32,703
Average monthly kcal per ERU 11.87 11.68 11.68 11.68 11.68 11.68 11.68 11.68
Lazy Lake
5/8 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
1 -inch Meter
Average monthly accounts
Average monthly ERUs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
None
None
9 11 11 11 11 11 11 11
9 11 11 11 11 11 11 11
708 850 858 858 858 858 858 858
6.56 6.44 6.50 6.50 6.50 6.50 6.50 6.50
4 4 4 4 4 4 4 4
7 7 7 7 7 7 7 7
274 231 253 253 253 253 253 253
3.26 2.75 3.01 3.01 3.01 3.01 3.01 3.01
Total average monthly accounts 13 15 15 15 15 15 15 15
Total average monthly ERUs 16 18 18 18 18 18 18 18
Total annual consumption (Th. gallons) 982 1,081 1,110 1,110 1,110 1,110 1,110 1,110
Average monthly kGal per ERU 5.11 5.00 11.68 11.68 11.68 11.68 11.68 11.68
Total
Average monthly accounts 3,503 4,310 4,318 4,326 4,334 4,342 4,350 4,358
Average monthly ERUs 5,513 6,391 6,410 6,429 6,448 6,467 6,486 6,505
Annual consumption (Th. gallons) 424,493 462,388 476,346 477,773 479,201 480,629 482,056 483,484
Average monthly kGal per ERU 6.42 6.03 6.19 6.19 6.19 6.19 6.19 6.19
Unbilled Water
Percent
Amount (Th. Gallons)
Water Purchases (Th. Gallons)
Average Daily Flow (MGD)
Normal
6.35% 4.79% 5.57% 5.57% 5.57% 5.57% 5.57% 5.57%
28,763 23,276 28,094 28,177 28,259 28,341 28,434 28,516
453,256 485,664 504,440 505,950 507,460 508,970 510,490 512,000
1.24 1.33 1.38 1.39 1.39 1.39 1.40 1.40
City of Wilton Manors
2021 Utility Rate Study
Exhibit 4: Historical and Projected Water Customers
Growth Historical Projected
Description Factor FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Consumption by Block
Single Family
5/8 -inch
Block 1 (0-15,000) 90.72% 148,266 171,867 175,529 175,529 175,529 175,529 175,529 175,529
Block 2 (16,000-30,000) 7.32% 11,960 13,864 14,160 14,160 14,160 14,160 14,160 14,160
Block 3 (Above 30,000) 1.96% 3,211 3,722 3,802 3,802 3,802 3,802 3,802 3,802
Subtotal 163,438 189,453 193,491 193,491 193,491 193,491 193,491 193,491
1 -inch
Block 1 (0-15,000) 81.56% 9,232 12,402 12,782 12,782 12,782 12,782 12,782 12,782
Block 2 (16,000-30,000) 12.56% 1,422 1,910 1,969 1,969 1,969 1,969 1,969 1,969
Block 3 (Above 30,000) 5.87% 665 893 921 921 921 921 921 921
Subtotal 11,319 15,205 15,671 15,671 15,671 15,671 15,671 15,671
Single Family Sprinkler
5/8 -inch
Block 1 (0-30,000) 91.76% 1,632 1,514 1,722 1,722 1,722 1,722 1,722 1,722
Block 3 (Above 30,000) 8.24% 147 136 155 155 155 155 155 155
Subtotal 1,779 1,650 1,876 1,876 1,876 1,876 1,876 1,876
1 -inch
Block 1 (0-30,000) 98.69% 1,438 978 1,304 1,304 1,304 1,304 1,304 1,304
Block 3 (Above 30,000) 1.31% 19 13 17 17 17 17 17 17
Subtotal 1,457 991 1,321 1,321 1,321 1,321 1,321 1,321
Lazy Lane
5/8 -inch
Block 1 (0-15,000) 86.65% 613 737 743 743 743 743 743 743
Block 2 (16,000-30,000) 10.91% 77 93 94 94 94 94 94 94
Block 3 (Above 30,000) 2.44% 17 21 21 21 21 21 21 21
Subtotal 708 850 858 858 858 858 858 858
1 -inch
Block 1 (0-15,000) 100.00% 274 231 253 253 253 253 253 253
Block 2 (16,000-30,000) 0.00% 0 0 0 0 0 0 0 0
Block 3 (Above 30,000) 0.00% 0 0 0 0 0 0 0 0
Subtotal 274 231 253 253 253 253 253 253
Exhibit 5:
Historical and Projected
Wastewater Customers
City of Wilton Manors
2021 Utility Rate Study
Exhibit 5: Historical and Projected Wastewater Customers
Historical Projected
Description Reference FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Customers
Single Family
5/8 -inch Meter
Average monthly accounts None 2,331 2,816 2,816 2,816 2,816 2,816 2,816 2,816
Average monthly ERCs 2,331 2,815 2,815 2,815 2,815 2,815 2,815 2,815
Annual consumption (Th. gallons) 163,438 189,453 189,453 189,453 189,453 189,453 189,453 189,453
Average monthly kGal per ERU 5.84 5.61 5.61 5.61 5.61 5.61 5.61 5.61
1 -inch Meter
Average monthly accounts
Average monthly ERCs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
None
149 213 213 213 213 213 213 213
149 236 236 236 236 236 236 236
11,319 15,205 15,205 15,205 15,205 15,205 15,205 15,205
6.33 5.37 5.37 5.37 5.37 5.37 5.37 5.37
Total average monthly accounts 2,480 3,029 3,029 3,029 3,029 3,029 3,029 3,029
Total average monthly ERCs 2,480 3,051 3,051 3,051 3,051 3,051 3,051 3,051
Total annual consumption (Th. gallons) 174,757 204,658 204,658 204,658 204,658 204,658 204,658 204,658
Average monthly kGal per ERU 5.87 5.59 5.59 5.59 5.59 5.59 5.59 5.59
Multi - Family
5/8 -inch Meter
Average monthly accounts
Average monthly ERCs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
1 -inch Meter
Average monthly accounts
Average monthly ERCs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
1.5 -inch Meter
Average monthly accounts
Average monthly ERCs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
2 -inch Meter
Average monthly accounts
Average monthly ERCs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
4 -inch Meter
Average monthly accounts
Average monthly ERCs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
6 -inch Meter
Average monthly accounts
Average monthly ERCs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
Medium
Medium
Medium
Medium
Medium
Medium
107 144 145 146 147 148 149 150
163 211 213 215 217 219 221 223
8,106 10,717 10,706 10,806 10,907 11,007 11,108 11,208
4.14 4.23 4.19 4.19 4.19 4.19 4.19 4.19
60 66 67 68 69 70 71 72
117 132 133 134 135 136 137 138
9,637 11,103 11,071 11,154 11,237 11,321 11,404 11,487
6.86 7.01 6.94 6.94 6.94 6.94 6.94 6.94
48 51 52 53 54 55 56 57
168 182 184 186 188 190 192 194
20,800 21,311 22,163 22,404 22,645 22,886 23,127 23,368
10.32 9.76 10.04 10.04 10.04 10.04 10.04 10.04
60 63 64 65 66 67 68 69
204 222 224 226 228 230 232 234
49,710 52,897 53,979 54,460 54,942 55,424 55,906 56,388
20.31 19.86 20.08 20.08 20.08 20.08 20.08 20.08
1 2 2 2 2 2 2 2
1 151 153 155 157 159 161 163
4,119 8,683 8,798 8,913 9,028 9,143 9,258 9,373
343.25 4.79 4.79 4.79 4.79 4.79 4.79 4.79
2 2 2 2 2 2 2 2
2 2 2 2 2 2 2 2
19,597 17,525 18,561 18,561 18,561 18,561 18,561 18,561
816.54 730.21 773.38 773.38 773.38 773.38 773.38 773.38
Total average monthly accounts 278 328 332 336 340 344 348 352
Total average monthly ERCs 655 900 909 918 927 936 945 954
Total annual consumption (Th. gallons) 111,969 122,236 125,277 126,299 127,320 128,342 129,364 130,385
Average monthly kGal per ERU 14.25 11.32 11.32 11.32 11.32 11.32 11.32 11.32
9 9
Multi - Residential
5/8 -inch Meter
Average monthly accounts Medium 251 384 388 392 396 400 404 408
Average monthly ERCs 569 699 706 713 720 727 734 741
Annual consumption (Th. gallons) 10,325 14,478 13,717 13,853 13,989 14,125 14,261 14,397
Average monthly kGal per ERU 1.51 1.73 1.62 1.62 1.62 1.62 1.62 1.62
1 -inch Meter
Average monthly accounts
Average monthly ERCs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
Medium
O 0 -
O 0 - - - -
O 0 0 0 0 0 0 0
4DIV/01 NDIV/01 -
Total average monthly accounts 251 384 388 392 396 400 404 408
Total average monthly ERCs 569 699 706 713 720 727 734 741
Total annual consumption (Th. gallons) 10,325 14,478 13,717 13,853 13,989 14,125 14,261 14,397
City of Wilton Manors
2021 Utility Rate Study
Exhibit 5: Historical and Projected Wastewater Customers
Historical Projected
Description Reference FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Average monthly kGal per ERU 1.51 1.73 1.62 1.62 1.62 1.62 1.62 1.62
Non Residential
5/8 -inch Meter
Average monthly accounts None 205 250 250 250 250 250 250 250
Average monthly ERCs 810 853 853 853 853 853 853 853
Annual consumption (Th. gallons) 17,354 15,983 17,129 17,129 17,129 17,129 17,129 17,129
Average monthly kGal per ERU 1.79 1.56 1.67 1.67 1.67 1.67 1.67 1.67
1 -inch Meter
Average monthly accounts
Average monthly ERCs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
1.5 -inch Meter
Average monthly accounts
Average monthly ERCs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
2 -inch Meter
Average monthly accounts
Average monthly ERCs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
4 -inch Meter
Average monthly accounts
Average monthly ERCs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
None
None
None
None
74 81 81 81 81 81 81 81
2,273 2,284 2,284 2,284 2,284 2,284 2,284 2,284
13,371 13,653 13,544 13,544 13,544 13,544 13,544 13,544
0.49 0.50 0.49 0.49 0.49 0.49 0.49 0.49
28 31 31 31 31 31 31 31
28 31 31 31 31 31 31 31
7,657 8,656 8,567 8,567 8,567 8,567 8,567 8,567
22.79 23.27 23.03 23.03 23.03 23.03 23.03 23.03
27 28 28 28 28 28 28 28
27 28 28 28 28 28 28 28
31,716 27,771 30,331 30,331 30,331 30,331 30,331 30,331
97.89 82.65 90.27 90.27 90.27 90.27 90.27 90.27
1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1
4,158 4,055 4,107 4,107 4,107 4,107 4,107 4,107
346.50 337.92 342.21 342.21 342.21 342.21 342.21 342.21
Total average monthly accounts 335 391 391 391 391 391 391 391
Total average monthly ERCs 3,139 3,197 3,197 3,197 3,197 3,197 3,197 3,197
Total annual consumption (Th. gallons) 74,256 70,118 73,678 73,678 73,678 73,678 73,678 73,678
Average monthly kGal per ERU 1.97 1.83 1.83 1.83 1.83 1.83 1.83 1.83
Lazy Lane
5/8 -inch Meter
Average monthly accounts
Average monthly ERCs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
1 -inch Meter
Average monthly accounts
Average monthly ERCs
Annual consumption (Th. gallons)
Average monthly kGal per ERU
None
None
4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4
105 153 129 129 129 129 129 129
2.19 3.19 2.69 2.69 2.69 2.69 2.69 2.69
4 4 4 4 4 4 4 4
4 4 4 4 4 4 4 4
274 231 253 253 253 253 253 253
5.71 4.81 5.26 5.26 5.26 5.26 5.26 5.26
Total average monthly accounts 8 8 8 8 8 8 8 8
Total average monthly ERCs 8 8 8 8 8 8 8 8
Total annual consumption (Th. gallons) 379 384 382 382 382 382 382 382
Average monthly kGal per ERU 3.95 4.00 3.97 3.97 3.97 3.97 3.97 3.97
Total
Average monthly accounts 3,352 4,140 4,148 4,156 4,164 4,172 4,180 4,188
Average monthly ERCs 6,851 7,855 7,871 7,887 7,903 7,919 7,935 7,951
Annual consumption (Th. gallons) 371,686 411,874 417,711 418,869 420,026 421,184 422,342 423,499
Average monthly kGal per ERU 4.52 4.37 4.42 4.43 4.43 4.43 4.44 4.44
Sewer Purchased (Th. gallons)
Average Daily Flow (MGD)
Total Sales
705,433 809,706 759,399 761,500 763,610 765,710 767,820 769,920
1.93 2.22 2.08 2.09 2.09 2.10 2.10 2.11
Consumption by Block
Single Family
5/8"
Revenue Gallons 90.7% 148,267 171,867 171,867 171,867 171,867 171,867 171,867 171,867
Non -revenue Gallons 9.3% 15,171 17,586 17,586 17,586 17,586 17,586 17,586 17,586
Subtotal 163,438 189,453 189,453 189,453 189,453 189,453 189,453 189,453
1"
Revenue Gallons 81.6% 9,232 12,402 12,402 12,402 12,402 12,402 12,402 12,402
Non -revenue Gallons 18.4% 2,087 2,803 2,803 2,803 2,803 2,803 2,803 2,803
Subtotal 11,319 15,205 15,205 15,205 15,205 15,205 15,205 15,205
Exhibit 6:
Historical and Projected
Stormwater Customers
City of Wilton Manors
2021 Utility Rate Study
Exhibit 6: Historical and Projected Stormwater Customers
Projected
Description Reference FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Customers
Single Family Residential
Average Monthly Units None 3,004 3,004 3,004 3,004 3,004 3,004 3,004
Average Monthly ERUs None 3,004 3,004 3,004 3,004 3,004 3,004 3,004
Multi -Family Single Story
Average Monthly Units Medium 1,005 1,015 1,025 1,035 1,045 1,055 1,066
Average Monthly ERUs Medium 704 711 718 725 732 739 746
Multi -Family Multi Story
Average Monthly Units Medium 2,983 3,013 3,043 3,073 3,104 3,135 3,166
Average Monthly ERUs Medium 1,492 1,507 1,522 1,537 1,552 1,568 1,584
Commercial
Average Monthly Units None 2,172 2,172 2,172 2,172 2,172 2,172 2,172
Average Monthly ERUs None 2,172 2,172 2,172 2,172 2,172 2,172 2,172
Total ERUs 7,372 7,394 7,416 7,438 7,460 7,483 7,506
Exhibit 7:
Projected Water Revenue
City of Wilton Manors
2021 Utility Rate Study
Exhibit 7: Projected Water Revenue
Projected
Description
FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Base Charge
Single Family
5/8 -inch $934,300 $934,300 $934,300 $934,300 $934,300
1 -inch 117,900 117,900 117,900 117,900 117,900
Subtotal $1,052,200 $1,052,200 $1,052,200 $1,052,200 $1,052,200
Multi -Family
5/8 -inch $45,400 $45,700 $46,000 $46,300 $46,600
1 -inch 54,900 55,700 56,500 57,300 58,100
1.5 -inch 96,900 98,800 100,600 102,500 104,400
2 -inch 208,800 212,000 215,300 218,500 221,700
4 -inch 38,700 38,700 38,700 38,700 38,700
6 -inch 58,000 58,000 58,000 58,000 58,000
Subtotal $502,700 $508,900 $515,100 $521,300 $527,500
Multi Residential
5/8 -inch $123,500 $124,700 $126,000 $127,300 $128,500
1 -inch 800 800 800 800 800
Subtotal $124,300 $125,500 $126,800 $128,100 $129,300
Non Residential
5/8 -inch $79,400 $79,400 $79,400 $79,400 $79,400
1 -inch 66,300 66,300 66,300 66,300 66,300
1.5 -inch 59,600 59,600 59,600 59,600 59,600
2 -inch 90,000 90,000 90,000 90,000 90,000
4 -inch 12,900 12,900 12,900 12,900 12,900
Subtotal $308,200 $308,200 $308,200 $308,200 $308,200
Single Family Sprinklers
5/8 -inch $4,300 $4,300 $4,300 $4,300 $4,300
1 -inch 5,500 5,500 5,500 5,500 5,500
Subtotal $9,800 $9,800 $9,800 $9,800 $9,800
Multi -Family Sprinklers
5/8 -inch $4,400 $4,400 $4,400 $4,400 $4,400
1 -inch 10,600 10,600 10,600 10,600 10,600
1.5 -inch 7,500 7,500 7,500 7,500 7,500
2 -inch 35,300 35,300 35,300 35,300 35,300
Subtotal $57,800 $57,800 $57,800 $57,800 $57,800
Non Residential Sprinklers
5/8 -inch $14,800 $14,800 $14,800 $14,800 $14,800
1 -inch 28,700 28,700 28,700 28,700 28,700
1.5 -inch 18,600 18,600 18,600 18,600 18,600
2 -inch 16,100 16,100 16,100 16,100 16,100
Subtotal $78,200 $78,200 $78,200 $78,200 $78,200
Lazy Lake
5/8 -inch $3,600 $3,600 $3,600 $3,600 $3,600
City of Wilton Manors
2021 Utility Rate Study
Exhibit 7: Projected Water Revenue
Projected
Description FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
1 -inch 2,200 2,200 2,200 2,200 2,200
Subtotal $5,800 $5,800 $5,800 $5,800 $5,800
Total Base Charge $2,139,000 $2,146,400 $2,153,900 $2,161,400 $2,168,800
Consumption Charge
Single Family
5/8 -inch
Block 1 $795,100 $795,100 $795,100 $795,100 $795,100
Block 2 78,300 78,300 78,300 78,300 78,300
Block 3 26,300 26,300 26,300 26,300 26,300
Subtotal $899,700 $899,700 $899,700 $899,700 $899,700
1 -inch
Block 1 $57,900 $57,900 $57,900 $57,900 $57,900
Block 2 10,900 10,900 10,900 10,900 10,900
Block 3 6,400 6,400 6,400 6,400 6,400
Subtotal $75,200 $75,200 $75,200 $75,200 $75,200
Subtotal $974,900 $974,900 $974,900 $974,900 $974,900
Multi -Family
5/8 -inch $51,600 $52,000 $52,400 $52,800 $53,100
1 -inch 52,900 53,600 54,200 54,900 55,500
1.5 -inch 106,000 107,100 108,200 109,300 110,500
2 -inch 256,100 258,600 261,000 263,500 266,000
4 -inch 51,100 51,600 52,000 52,400 52,900
6 -inch 90,700 91,800 92,800 93,800 94,800
Subtotal $608,400 $614,700 $620,600 $626,700 $632,800
Multi Residential
5/8 -inch $70,500 $71,300 $72,100 $72,800 $73,600
1 -inch 500 500 500 500 500
Subtotal $71,000 $71,800 $72,600 $73,300 $74,100
Non Residential
5/8 -inch $77,100 $77,100 $77,100 $77,100 $77,100
1 -inch 65,300 65,300 65,300 65,300 65,300
1.5 -inch 41,600 41,600 41,600 41,600 41,600
2 -inch 145,100 145,100 145,100 145,100 145,100
4 -inch 19,600 19,600 19,600 19,600 19,600
Subtotal $348,700 $348,700 $348,700 $348,700 $348,700
Single Family Sprinklers
5/8 -inch
Block 1 $9,500 $9,500 $9,500 $9,500 $9,500
Block 2 1,100 1,100 1,100 1,100 1,100
Subtotal $10,600 $10,600 $10,600 $10,600 $10,600
1 -inch
City of Wilton Manors
2021 Utility Rate Study
Exhibit 7: Projected Water Revenue
Projected
Description FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Block 1 $7,200 $7,200 $7,200 $7,200 $7,200
Block 2 100 100 100 100 100
Subtotal $7,300 $7,300 $7,300 $7,300 $7,300
Subtotal $17,900 $17,900 $17,900 $17,900 $17,900
Multi -Family Sprinklers
5/8 -inch $9,600 $9,600 $9,600 $9,600 $9,600
1 -inch 29,800 29,800 29,800 29,800 29,800
1.5 -inch 16,700 16,700 16,700 16,700 16,700
2 -inch 39,900 39,900 39,900 39,900 39,900
Subtotal $96,000 $96,000 $96,000 $96,000 $96,000
Non Residential Sprinklers
5/8 -inch $14,900 $14,900 $14,900 $14,900 $14,900
1 -inch 34,600 34,600 34,600 34,600 34,600
1.5 -inch 75,700 75,700 75,700 75,700 75,700
2 -inch 65,300 65,300 65,300 65,300 65,300
Subtotal $190,500 $190,500 $190,500 $190,500 $190,500
Lazy Lake
5/8 -inch
Block 1 $3,400 $3,400 $3,400 $3,400 $3,400
Block 2 $500 $500 $500 $500 $500
Block 3 $100 $100 $100 $100 $100
Subtotal $4,000 $4,000 $4,000 $4,000 $4,000
1 -inch
Block 1 $1,100 $1,100 $1,100 $1,100 $1,100
Block 2 $0 $0 $0 $0 $0
Block 3 $0 $0 $0 $0 $0
Subtotal $1,100 $1,100 $1,100 $1,100 $1,100
Subtotal $5,100 $5,100 $5,100 $5,100 $5,100
Total Consumption Charge $2,312,500 $2,319,600 $2,326,300 $2,333,100 $2,340,000
Total Water Revenue $4,451,500 $4,466,000 $4,480,200 $4,494,500 $4,508,800
Exhibit 8:
Projected Wastewater Revenue
City of Wilton Manors
2021 Utility Rate Study
Exhibit 8: Projected Wastewater Revenue
Projected
Description
FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Base Charge
Single Family
5/8 -inch $413,600 $413,600 $413,600 $413,600 $413,600
1 -inch 52,100 52,100 52,100 52,100 52,100
Subtotal $465,700 $465,700 $465,700 $465,700 $465,700
Multi -Family
5/8 -inch $20,300 $20,500 $20,600 $20,800 $20,900
1 -inch 24,600 25,000 25,400 25,700 26,100
1.5 -inch 42,800 43,600 44,400 45,200 46,000
2 -inch 92,300 93,700 95,200 96,600 98,000
4 -inch 11,400 11,400 11,400 11,400 11,400
6 -inch 25,600 25,600 25,600 25,600 25,600
Subtotal $217,000 $219,800 $222,600 $225,300 $228,000
Multi Residential
5/8 -inch $54,600 $55,200 $55,700 $56,300 $56,800
1 -inch 0 0 0 0 0
Subtotal $54,600 $55,200 $55,700 $56,300 $56,800
Non Residential
5/8 -inch $34,800 $34,800 $34,800 $34,800 $34,800
1 -inch 29,300 29,300 29,300 29,300 29,300
1.5 -inch 25,000 25,000 25,000 25,000 25,000
2 -inch 39,800 39,800 39,800 39,800 39,800
4 -inch 5,700 5,700 5,700 5,700 5,700
Subtotal $134,600 $134,600 $134,600 $134,600 $134,600
Lazy Lake
5/8 -inch $600 $600 $600 $600 $600
1 -inch 1,000 1,000 1,000 1,000 1,000
Subtotal $1,600 $1,600 $1,600 $1,600 $1,600
Total Base Charge $873,500 $876,900 $880,200 $883,500 $886,700
Consumption Charge
Single Family
5/8 -inch $1,452,300 $1,452,300 $1,452,300 $1,452,300 $1,452,300
1 -inch 98,000 98,000 98,000 98,000 98,000
Subtotal $1,550,300 $1,550,300 $1,550,300 $1,550,300 $1,550,300
Multi -Family
5/8 -inch $91,300 $92,200 $93,000 $93,900 $94,700
1 -inch 94,300 95,000 95,700 96,400 97,100
1.5 -inch 189,300 191,300 193,400 195,400 197,500
2 -inch 460,200 464,300 468,300 472,400 476,500
4 -inch 75,300 76,300 77,300 78,200 79,200
City of Wilton Manors
2021 Utility Rate Study
Exhibit 8: Projected Wastewater Revenue
Projected
Description FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
6 -inch 156,800 156,800 156,800 156,800 156,800
Subtotal $1,067,200 $1,075,900 $1,084,500 $1,093,100 $1,101,800
Multi Residential
5/8 -inch $117,100 $118,200 $119,400 $120,500 $121,700
1 -inch 0 0 0 0 0
Subtotal $117,100 $118,200 $119,400 $120,500 $121,700
Non Residential
5/8 -inch $144,700 $144,700 $144,700 $144,700 $144,700
1 -inch 114,400 114,400 114,400 114,400 114,400
1.5 -inch 72,400 72,400 72,400 72,400 72,400
2 -inch 256,300 256,300 256,300 256,300 256,300
4 -inch 34,700 34,700 34,700 34,700 34,700
Subtotal $622,500 $622,500 $622,500 $622,500 $622,500
Lazy Lake
5/8 -inch $1,100 $1,100 $1,100 $1,100 $1,100
1 -inch 2,100 2,100 2,100 2,100 2,100
Subtotal $3,200 $3,200 $3,200 $3,200 $3,200
Total Consumption Charge $3,360,300 $3,370,100 $3,379,900 $3,389,600 $3,399,500
Total Sewer Revenue $4,233,800 $4,247,000 $4,260,100 $4,273,100 $4,286,200
Exhibit 9:
Projected Stormwater Revenue
City of Wilton Manors
2021 Utility Rate Study
Exhibit 9: Project Stormwater Revenue
Projected
Description FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Charges
Single Family Residential $221,700 $221,700 $221,700 $221,700 $221,700
Multi -Family Single Story 53,000 53,500 54,000 54,500 55,100
Multi -Family Multi Story 112,300 113,400 114,500 115,700 116,900
Commercial 160,300 160,300 160,300 160,300 160,300
Total $547,300 $548,900 $550,500 $552,200 $554,000
Exhibit 10:
Forecast of Water and
Wastewater Miscellaneous
Charges Revenue
City of Wilton Manors
2021 Utility Rate Study
Exhibit 10: Forecast of Water and Wastewater Miscellaneous Charges Revenue
Escalation
Code Reference FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Dept 0000 - NO DEPT
PERMITS, FEES, & SPECIAL ASSESSMENTS
401-0000-3290.011 Constant 52,500 $2,500 $2,500 52,500 $2,500 52,500 $2,500 52,500 52,500 52,500
401-0000-3630.235 Constant 0 0 0 0 0 0 0 0 0 0
PERMITS, FEES, & SPECIAL ASSESSMENTS $2,500 $2,500 $2,500 52,500 52,500 52,500 52,500 52,500 52,500 52,500
CHARGES FOR SERVICES
401-0000-3400.038 Constant 50 50 50 50 50 50 50 50 50 50
401-0000-3400.039 Constant 4,000 4,000 4,000 4,000 4,000 0 0 0 0 0
401-0000-3400.040 Constant 9,000 9,000 9,000 9,000 9,000 0 0 0 0 0
401-0000-3400.042 Constant 0 0 0 0 0 0 0 0 0 0
CHARGES FOR SERVICES 513,000 513,000 513,000 $13,000 $13,000 $0 $0 50 $0 $0
OTHER & MISCELLANEOUS
401-0000-3600.000 Constant 50 50 50 50 $0 50 $o $0 50 50
401-0000-3600.010 Constant 800 800 800 800 800 800 800 800 800 800
401-0000-3600.030 Constant 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000
401-0000-3610.100 Constant 0 0 0 0 0 0 0 0 0 0
401-0000-3620.010 Constant 18,600 18,600 18,600 18,600 18,600 18,600 18,600 18,600 18,600 18,600
401-0000-3690.904 Constant 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
401-0000-3690.906 Constant 0 0 0 0 0 0 0 0 0 0
OTHER & MISCELLANEOUS 545,400 545,400 545,400 $45,400 545,400 545,400 545,400 $45,400 545,400 545,400
Total Utility Revenues 560,900 560,900 560,900 560,900 $60,900 547,900 547,900 547,900 $47,900 547,900
Exhibit 11:
Forecast of Stormwater
Miscellaneous Charges Revenue
City of Wilton Manors
2021 Utility Rate Study
Exhibit 11: Forecast of Stormwater Miscellaneous Charges Revenue
Code
Dept 0000 - NO DEPT
CHARGES FOR SERVICES
450-0000-3430.330
CHARGES FOR SERVICES
OTHER & MISCELLANEOUS
450-0000-3610.100
450-0000-3690.904
450-0000-3690.906
450-0000-3890.901
OTHER & MISCELLANEOUS
Description
Drainage Utility Fee
Interest Earned
P -CARD REBATE
RECOVERY OF BAD DEBTS
Approp Fund Bal R/E
Escalation
Reference
Constant
Constant
Constant
Constant
Constant
FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
$0
$0
$0
so
$0
$0
so
so
$0
so
$10,000
300
0
0
$10,000
300
0
0
$10,000
300
0
0
$10,000
300
0
0
$10,000
300
0
0
$10,300 $10,300
$10,300 $10,300 $10,300
Total Stormwater Revenues $10,300 $10,300 $10,300 $10,300 $10,300
Exhibit 12:
Water and Wastewater Capital
Improvement Plan Projects and
Funding Sources
City of Wilton Manors
2021 Utility Rate Study
Exhibit 12: Water and Wastewater Capital Improvement Plan Projects and Funding Sources
Description Funding Source Escalation Factors FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Funding sources
Water Rate Revenue W - Rates $77,100 $279,800 $116,600 $355,500 $0
Sewer Rate Revenue 5 - Rates 77,100 279,800 19,000 742,900 690,700
Sewer Impact Fees Impact fees - S 0 0 0 0 0
Vehicle Reserve Vehicles 0 0 0 0 0
R&R Funds R&R 121,800 303,400 8,400 506,000 120,000
Capital Funded from Reserves Reserves 0 0 2,176,000 0 3,002,000
Proposed 2022 Bonds 2022 Bonds 8,454,200 5,506,400 1,416,100 0 0
Proposed 2025 Bonds 2025 Bonds 0 0 0 1,561,100 2,235,900
Proposed 2028 Bonds 2028 Bonds 0 0 0 0 0
Future Loan - Sewer Proposed Debt 4 0 0 0 0 0
Total sources $8,730,200 $6,369,400 $3,736,100 $3,165,500 $6,048,600
Water Projects
Dixie Highway 10 -inch Water Main Improvements W - Rates Inflation $0 $0 $0 $0 $0
NW 30th Court and Wet Oakland Park Boulevard Water
Main Replacement 2022 Bonds Inflation 2,902,000 0 0 0 0
Wilton Manors West Phase I Water Main Replacement 2022 Bonds Inflation 0 2,006,000 0 0 0
NW 29th Street Water Main Replacement 2022 Bonds Inflation 1,648,300 0 0 0 0
NW 9th Avenue & NW 26th Street Water Main
Replacement W - Rates Inflation 0 0 0 355,500 0
Wilton Manors East Phase I Water Main Replacement 2025 Bonds Inflation 0 0 0 0 0
Wilton Manors Grove & NE 21st Street Water Main
Replacement 2022 Bonds Inflation 0 0 1,416,100 0 0
Wilton Manors South Water Main Replacement Reserves Inflation 0 0 0 0 3,002,000
NE 28th Street Water Main Replacement Reserves Inflation 0 0 0 0 0
NE 21st Court Water Main Replacement W - Rates Inflation 0 0 0 0 0
Andrews Avenue 8 -inch Water Main Replacement W - Rates Inflation 0 0 0 0 0
NW 9th Avenue 6 -inch Water Main Replacement W - Rates Inflation 0 0 0 0 0
Wilton Manors West Phase II Water Main Replacement W - Rates Inflation 0 0 0 0 0
NW 26th Street and NW 8th Avenue Water Main W - Rates Inflation 0 0 0 0 0
NE 24th, 25th, and 26th Street Water Main Replacement W - Rates Inflation 0 0 0 0 0
Wilton Manors East Phase II Water Main Replacement W - Rates Inflation 0 0 0 0 0
Wilton Manors East Phase III Water Main Replacement W - Rates Inflation 0 0 0 0 0
Projects from Budget W- Rates Inflation 0 0 0 0 0
Carryover Projects W - Rates Inflation 0 0 0 0 0
Rate Study W - Rates Inflation 0 0 0 0 0
Annual R&R Projects R&R Inflation 60,900 151,700 4,200 253,000 60,000
Municipal Complex Improvements (Water Allocation) W - Rates Inflation 77,100 279,800 116,600 0 0
Subtotal Water $4,688,300 $2,437,500 $1,536,900 $608,500 $3,062,000
Sewer Projects
Lift Station No. 11 Force Main 2022 Bonds Inflation $2,671,500 $0 $0 $0 $0
Lift Station No. 11 Pump Impeller Upgrade 5 - Rates Inflation 0 0 0 0 0
Lift Station No. 1 Replacement & Force Main 2022 Bonds Inflation 0 779,300 0 0 0
Lift Station No. 4 Service Basin Lining W - Rates Inflation 0 0 0 0 0
Lift Station No. 4 Replacement 2022 Bonds Inflation 0 689,500 0 0 0
Lift Station No. 2 Replacement 5- Rates Inflation 0 0 0 0 0
Lift Station No. 5 Service Basin Lining 2022 Bonds Inflation 1,232,400 1,266,300 0 0 0
Lift Station No. 5 Electrical, Pumps & Force Main
Replacement Reserves Inflation 0 0 676,400 0 0
Gravity Main Trunkline Replacement 2028 Bonds Inflation 0 0 0 0 0
Lift Station No. 3 Service Basin Lining Reserves Inflation 0 0 1,499,600 0 0
Lift Station No. 3 Rehabilitation & Force Main
Replacement 2025 Bonds Inflation 0 0 0 0 1,952,000
Lift Station No. 7 Service Basin Lining W - Rates Inflation 0 0 0 0 0
Lift Station No. 7 Rehabilitation & Force Main
Replacement 2022 Bonds Inflation 0 765,300 0 0 0
Lift Station No. 6 Pump & Force Main Replacement S - Rates Inflation 0 0 0 0 648,300
Lift Station No. 8 Odor Control, Electrical, Pump & Force
Main Replacement 5 - Rates Inflation 0 0 0 742,900 0
Lift Station No. 10 Service Basin Lining 2025 Bonds Inflation 0 0 0 1,561,100 0
Lift Station No. 10 Rehabilitation 2025 Bonds Inflation 0 0 0 0 283,900
Lift Station No. 9 Rehabilition 5- Rates Inflation 0 0 0 0 0
Projects from Budget 5- Rates Inflation 0 0 0 0 0
Carryover Projects 5 - Rates Inflation 0 0 0 0 0
Rate Study 5- Rates Inflation 0 0 0 0 0
Annual R&R Projects R&R Inflation 60,900 151,700 4,200 253,000 60,000
Municipal Complex Improvements (Sewer Allocation) 5 - Rates Inflation 77,100 279,800 19,000 0 42,400
Subtotal Sewer $4,041,900 $3,931,900 $2,199,200 $2,557,000 $2,986,600
Total Water and Sewer Capital Expenditures
$8,730,200 $6,369,400 $3,736,100 $3,165,500 $6,048,600
Exhibit 13:
Stormwater Capital Improvement
Plan Projects and Funding
Sources
City of Wilton Manors
2021 Utility Rate Study
Exhibit 13: Stormwater Capital Improvement Plan Projects and Funding Sources
Description
Funding Source Escalation Factors FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Funding sources
Stormwater Rate Revenue SW - Rates $0 $0 $0 $0 $0
Stormwater Reserves SW - Reserves 0 0 0 375,800 0
Stormwater R&R Funds SW - R&R 164,400 0 0 44,600 123,700
Proposed 2023 Bonds 2022 Bonds 1,089,700 525,300 767,300 0 0
Proposed 2025 Bonds 2025 Bonds 0 0 0 0 0
Proposed 2027 Bonds 2027 Bonds 0 0 0 0 0
Proposed 2028 Bonds 2028 Bonds 0 0 0 0 0
Total sources $1,254,100 $525,300 $767,300 $420,400 $123,700
Stormwater Projects
Coral Gardens Drive Outfalls & Stormwater System Improvements 2022 Bonds Inflation $0 $0 $767,300 $0 $0
NE 28th Drive Outfall Improvements & NE 14th Avenue Outfall Improvemr 2022 Bonds Inflation 371,700 0 0 0 0
NW 24th Street to NW 22nd Street Stormwater System & Outfall Improves 2022 Bonds Inflation 0 525,300 0 0 0
NW 3rd Avenue Stormwater System & Outfall Improvements 2022 Bonds Inflation 718,000 0 0 0 0
NW 3rd Avenue Exfiltration (#sa) SW - Reserves Inflation 0 0 0 0 0
NE 24 Street Drainage - NE 13 Ave to NE 15 Ave (#5b) SW - Reserves Inflation 0 0 0 0 0
NE 30th Street Outfall Improvements SW - Reserves Inflation 0 0 0 375,800 0
NE 28th Drive Duffel! Improvements SW - R&R Inflation 0 0 0 0 123,700
7th Terrace Stormwater System and Outfall & NE 17th Avenue Stormwate SW - Reserves Inflation 0 0 0 0 0
NE 27th Drive Stormwater Exfiltration Trench SW - Reserves Inflation 0 0 0 0 0
NW 25th Street Stormwater Exfiltration Trench 2028 Bonds Inflation 0 0 0 0 0
NE 25th Street & NE 8th Terrance Stormwater Exflltration Trench 2028 Bonds Inflation 0 0 0 0 0
PS -01 - NE 16th Ave & NE 28th Drive Pump Station & Drainage SW - Reserves Inflation 0 0 0 0 0
PS -72 - NE 18th Ave & Coral Gardens Dr Pump Station &Drainage SW - Reserves Inflation 0 0 0 0 0
PS -76 - Pump station at NE 14 Ave & NE 15 Ave SW - Reserves Inflation 0 0 0 0 0
PS -23 - NW 6th Ave & NW 22nd St Pump Station & Drainage SW - Reserves Inflation 0 0 0 0 0
PS -26 - Pump station at NW 20 St & NW 3 Ave SW - Reserves Inflation 0 0 0 0 0
PS -59 - NE 24th St & NE 16th Ave Pump Station & Drainage SW - Reserves Inflation 0 0 0 0 0
PS -67 Pump station at NE 24 St & NE 20 Ave SW - Reserves Inflation 0 0 0 0 0
PS -69 - Pump station at NE 26 St & NE 25 St SW - Reserves Inflation 0 0 0 0 0
PS -14 NW 6th Ave & NW 29th St Pump Station & Drainage SW - Reserves Inflation 0 0 0 0 0
From the Budget SW - Reserves Inflation 0 0 0 0 0
Municipal Complex Improvements (Stormwater Allocation) SW - R&R Inflation 164,400 0 0 44,600 0
Placeholder 3 SW - Reserves Inflation 0 0 0 0 0
$1,254,100 $525,300 $767,300 $420,400 $123,700
Exhibit 14:
Historical and Projected
Wholesale Purchases
City of Wilton Ma nors
2021 Utility Rate Study
Exhibit 14: Historic and Projected Wholesale Purchases
Water Purchases
Projected Demand: Wholesale Rates Rate Pass -Thro ugh Calc ul ation
Annu al No n -Reven ue RTS Us er % Wh olesale C ost per Dollar Dollar R ate Re venue
Fiscal Year Purchases Rev Gals Water Fee Fee I ncrease Cost 1,000 Gal Increase Increase Increase Rev Gals Increase Cumulative
2017 507,820 479,538 5.57% $3,491.14 $4.37 $2,261,100 $4.72
2018 413,197 390,185 5.57% $3,665 .70 $4.59 5 .03 % $1,940,600 $4.97 $0.25
2019 453,256 424,493 6.35% $3,848.99 $4.86 5.88% $2,249,000 $5.30 $0.33
2020 485,664 462,388 4.79% $9,814.99 $3.46 -28.81% $1,798,200 $3 .89 ($1.41)
2021 504,440 476,346 5 .57 % $10,168 .33 $3.58 3.60 % $1,927,900 $4.05 $0.16 $62,520 $0.14 476,346 $66,700 $66,700
2022 505,950 477,773 5.57% $10,676.75 $3 .76 5.00% $2,030,500 $4 .25 $0 .20 $96,900 $0.21 477,773 6100,300 $167,000
2023 507,460 479,201 5.57 % $11,210 .59 $3 .95 5.00 % $2,139,000 $4 .46 $0.21 $102,537 $0 .22 479,201 $105,400 $272,400
2024 508,970 480,629 5 .57% $11,771.12 $4.15 5 .00 % $2,253,500 $4.69 $0 .23 $108,218 $0.23 480,629 $110,500 $382,900
2025 510,490 482,056 5.57 % $12,359.68 $4 .36 5.00% $2,374,100 $4 .92 $0.23 $113,946 $0 .24 482,056 $115,700 $498,600
2026 512,000 483,484 5.57% $12,977.66 $4.58 5.00% $2,500,700 $5.17 $0.25 $119,724 $0.25 483,484 $120,900 $619,500
2027 513,510 484,912 5.57% $13,626 .54 $4.81 5.00 % $2,633,500 $5.43 $0.26 $125,547 $0 .26 484,912 $126,100 $745,600
2028 515,110 486,426 5.57% $14,307 .87 $5 .05 5.00% $2,773,000 $5.70 $0.27 $131,418 $0.28 486,426 $136,200 $881,800
2029 516,720 487,939 5.57% $15,023 .26 $5.30 5.00% $2,918,900 $5.98 $0 .28 $137,362 $0 .29 487,939 $141,500 $1,023,300
2030 518,320 489,453 5. 57% $15,774 .42 $5.57 5.00% $3,076,300 $6.29 $0.31 $148,528 $0.31 489,453 $151,700 $1,175,000
Sewer Purchases
Projected Demand: Wholesale Rates Rate Pass -Through Calculati on
Ann ual RTS User % Wh olesale Cost per Dollar Dollar Rate Reve nue
Fiscal Year Purchases Rev G als I& I Fee Fee Increase Cost 1,000 Gal Increase Increase Increase Re v G als Increase Cumulative
2017 394,377 372,413 5. 57% $0.00 $1.88 $741,400 $1 .99
2018 427,633 403,817 5.57% $0.00 $2 .26 20.21% $966,500 $2.39 $0 .40
2019 705,433 371,686 47.31% $0. 00 $2.54 12.39% $1,791,800 $4.82 $2.43
2020 809,706 411,874 49. 13% $0.00 $2 .58 1 .57 % $2,089,000 $5 .07 $0.25
2021 759,399 417,711 44.99% $0.00 82.48 -3.88% $1,883,300 $4.51 ($0.56) ($80,971) ($0 .20) 417,711 ($83,500) ($83,500)
2022 761,500 418,869 44.99% $0.00 $2.60 5 .00 % $1,979,900 $4.73 $0.22 $91,128 $0 .22 418,869 $92,200 $8,700
2023 763,610 420,026 44. 99% $0.00 $2.73 5.00% $2,084,700 $4.96 $0.23 $98,995 $0.24 420,026 $100,800 $109,500
2024 765,710 421,184 44.99% $0.00 $2.87 5 .00% $2,197,600 $5.22 $0.26 $106,905 $0 .26 421,184 $109,500 $219,000
2025 767,820 422,342 44.99% $0.00 $3.01 5 .00% $2,311,100 $5.47 $0 .25 $107,199 $0 .26 422,342 $109,800 $328,800
2026 769,920 423, 499 44. 99% $0.00 $3. 16 5.00% $2,432,900 $5 .74 $0.27 $115,173 $0 .28 423,499 $118,600 $447,400
2027 772,030 424,657 44.99% $0.00 $3.32 5.00% $2,563,100 $6.04 $0 .30 $123,187 $0 .30 424,657 $127,400 $574,800
2028 774, 130 425,815 44.99% $0. 00 $3.49 5.00% $2,701,700 $6.34 $0.30 $131,245 $0.31 425,815 $132,000 $706,800
2029 776,270 426,992 44.99% $0.00 $3. 66 5.00% $2,841,100 $6.65 $0 .31 $131,602 $0.31 426,992 $132,400 $839,200
2030 778,410 428,169 44.99% $0.00 $3.84 5.00% $2,989,100 $6.98 $0 .33 $139,729 $0.33 428,169 $141,300 $980,500
Exhibit 15:
Projected Water Revenue
Requirements
City of Wilton Manors
2021 Utility Rate Study
Exhibit 15: Projected Water Revenue Requirements
Description
Water Operating Expenses
FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
$2,985,100 $3,108,100 $3,238,500 $3,375,600 $3,519,300
Debt Service
2021 Promissory Note $0 $0 $0 $0 $0
Proposed 2022 Bonds 224,000 449,400 450,500 451,200 451,400
Proposed 2025 Bonds 0 0 0 196,500 394,500
Total Debt Service $224,000 $449,400 $450,500 $647,700 $845,900
Other Expenses/Transfers
R&R transfer $71,300 $72,800 $74,500 $76,200 $78,000
Operating Transfer Out 375,100 265,300 155,500 45,700 45,700
Capital Funded by Rates 77,100 279,800 116,600 355,500 0
Transfers to Vehicle Fund 0 0 0 0 0
Transfers to Debt Service Reserve 0 0 0 0 0
Transfers to Unrestricted Utility Reserves 0 0 0 0 0
Total Other Expenses/Transfers $523,500 $617,900 $346,600 $477,400 $123,700
Total Gross Revenue Requirements $3,732,600 $4,175,400 $4,035,600 $4,500,700 $4,488,900
Less Revenue from Other Sources
Water Miscellaneous $60,900 $60,900 $60,900 $60,900 $60,900
Interest 9,700 13,450 15,200 13,950 14,100
Debt Funded from Water Impact Fees 0 0 0 0 0
Transfers from Operating 0 0 0 0 0
Total Revenue from Other Sources $70,600 $74,350 $76,100 $74,850 $75,000
Net Revenue Requirements $3,662,000 $4,101,050 $3,959,500 $4,425,850 $4,413,900
Water Revenue from Existing Rates $4,451,500 $4,466,000 $4,480,200 $4,494,500 $4,508,800
Revenue from Prior Years Adjustments 0 223,300 318,100 415,400 515,200
Total Current Year Revenue $4,451,500 $4,689,300 $4,798,300 $4,909,900 $5,024,000
Percent Adjustment Proposed
Effective Month Oct Oct Oct Oct Oct
Total Revenue from Current Year Adjustment $222,600 $93,800 $96,000 $98,200 $100,500
Total Water Revenue from Rates $4,674,100 $4,783,100 $4,894,300 $5,008,100 $5,124,500
Total Revenue Surplus/Deficiency $1,012,100 $682,050 $934,800 $582,250 $710,600
5.0% 2.0%
2.0% 2.0% 2.0%
Exhibit 16:
Projected Wastewater Revenue
Requirements
City of Wilton Manors
2021 Utility Rate Study
Exhibit 16: Projected Wastewater Revenue Requirements
Description
Sewer Operating Expenses
FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
$3,212,400 $3,331,200 $3,459,600 $3,597,000 $3,735,900
Debt Service
2021 Promissory Note $96,100 $95,600 $94,900 $95,200 $94,000
Proposed 2022 Bonds 208,000 417,400 418,400 419,000 419,200
Proposed 2025 Bonds 0 0 0 158,100 317,400
Total Debt Service $304,100 $513,000 $513,300 $672,300 $830,600
Other Expenses/Transfers
R&R transfer $71,300 $72,800 $74,500 $76,200 $78,000
Operating Transfer Out 375,100 265,300 155,500 45,700 45,700
Capital Funded by Rates 77,100 279,800 19,000 742,900 690,700
Transfers to Vehicle Fund 0 0 0 0 0
Transfers to Debt Service Reserve 0 0 0 0 0
Transfers to Unrestricted Utility Reserves 0 0 0 0 0
Total Other Expenses/Transfers $523,500 $617,900 $249,000 $864,800 $814,400
Total Gross Revenue Requirements $4,040,000 $4,462,100 $4,221,900 $5,134,100 $5,380,900
Less Revenue from Other Sources
Sewer Miscellaneous $47,900 $47,900 $47,900 $47,900 $47,900
Interest 9,700 13,450 15,200 13,950 14,100
Debt Funded from Sewer Impact Fees 0 0 0 0 0
Transfers from operating 0 0 0 0 0
Total $57,600 $61,350 $63,100 $61,850 $62,000
Net Revenue Requirements $3,982,400 $4,400,750 $4,158,800 $5,072,250 $5,318,900
Sewer Revenue from Existing Rates $4,233,800 $4,247,000 $4,260,100 $4,273,100 $4,286,200
Revenue from Prior Years Adjustments 0 212,400 347,200 486,900 631,600
Total Current Year Revenue $4,233,800 $4,459,400 $4,607,300 $4,760,000 $4,917,800
Percent Adjustment Proposed 5.0%
Effective Month Oct Oct Oct Oct Oct
Total Revenue from Current Year Adjustment $211,700 $133,800 $138,200 $142,800 $147,500
Total Sewer Revenue from Rates $4,445,500 $4,593,200 $4,745,500 $4,902,800 $5,065,300
Total Revenue Surplus/Deficiency $463,100 $192,450 $586,700 ($169,450) ($253,600)
3.0% 3.0%
3.0% 3.0%
Exhibit 17:
Projected Stormwater Revenue
Requirements
City of Wilton Manors
2021 Utility Rate Study
Exhibit 17: Projected Stormwater Revenue Requirements
Description
Drainage Operating Expenses
FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
$439,700 $442,700 $445,700 $448,800 $452,100
Debt Service
Existing Debt $0 $0 $0 $0 $0
Proposed 2022 Revenue Bonds 126,500 126,500 126,500 126,500 126,500
Total Debt Service $126,500 $126,500 $126,500 $126,500 $126,500
Other Expenses/Transfers
R&R transfer $79,000 $79,000 $79,000 $79,000 $79,000
Operating Transfer Out 5,000 5,000 5,000 5,000 5,000
Capital Funded by Rates 0 0 0 0 0
Transfers to Debt Service Reserve 0 0 0 0 0
Transfers to Unrestricted Drainage Reserves 0 0 0 0 0
Total Other Expenses/Transfers $84,000 $84,000 $84,000 $84,000 $84,000
Total Gross Revenue Requirements $650,200 $653,200 $656,200 $659,300 $662,600
Less Revenue from Other Sources
Drainage Miscellaneous $10,300 $10,300 $10,300 $10,300 $10,300
Interest 0 0 0 0 0
Transfers from operating 0 0 0 0 0
Total $10,300 $10,300 $10,300 $10,300 $10,300
Net Revenue Requirements
$639,900 $642,900 $645,900 $649,000 $652,300
Drainage Revenue from Existing Rates $547,300 $548,900 $550,500 $552,200 $554,000
Revenue from Prior Years Adjustments 0 27,445 85,328 149,370 185,050
Total Current Year Revenue $547,300 $576,345 $635,828 $701,570 $739,050
Percent Adjustment Proposed
Effective Month Oct Oct Oct Oct Oct
Total Revenue from Current Year Adjustment $27,365 $57,635 $63,583 $35,079 $25,867
Total Drainage Revenue from Rates $574,665 $633,980 $699,410 $736,649 $764,917
Total Revenue Surplus/Deficiency ($65,235) ($8,921) $53,510 $87,649 $112,617
5.0% 10.0% 10.0% 5.0% 3.5%
Exhibit 18:
Projected Water and Wastewater
Debt Service Coverage
City of Wilton Manors
2021 Utility Rate Study
Exhibit 18: Projected Water and Wastewater Debt Service Coverage
Description FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Operating Revenue
Water $4,674,100 $4,783,100 $4,894,300 $5,008,100 $5,124,500
Sewer 4,445,500 4,593,200 4,745,500 4,902,800 5,065,300
Total Operating Revenue $9,119,600 $9,376,300 $9,639,800 $9,910,900 $10,189,800
Total Misc. Income $108,800 $108,800 $108,800 $108,800 $108,800
Total Interest Income 19,400 26,900 30,400 27,900 28,200
Gross Revenues $9,247,800 $9,512,000 $9,779,000 $10,047,600 $10,326,800
Operating Expenses
Water $2,985,100 $3,108,100 $3,238,500 $3,375,600 $3,519,300
Sewer 3,212,400 3,331,200 3,459,600 3,597,000 3,735,900
Total Operating Expenses $6,197,500 $6,439,300 $6,698,100 $6,972,600 $7,255,200
Net revenues available for debt service $3,050,300 $3,072,700 $3,080,900 $3,075,000 $3,071,600
Senior Debt Service
2021 Promissory Note $96,100 $95,600 $94,900 $95,200 $94,000
Proposed 2022 Bonds 432,000 866,800 868,900 870,200 870,600
Proposed 2025 Bonds 0 0 0 354,600 711,900
Total Senior Debt Service $528,100 $962,400 $963,800 $1,320,000 $1,676,500
Debt Service Coverage
Senior Debt Service
Projected
Required
5.78 3.19 3.20
1.20 1.20 1.20
2.33 1.83
1.20 1.20
All -In Debt Service
Projected 5.78 3.19 3.20 2.33 1.83
Required 1.50 1.50 1.50 1.50 1.50
Net revenues less debt service $2,522,200 $2,110,300 $2,117,100 $1,755,000 $1,395,100
Operating transfer out to General Fund 750,200 530,600 311,000 91,400 91,400
Amounts available for other purposes $1,772,000 $1,579,700 $1,806,100 $1,663,600 $1,303,700
Includes rate adjustments of:
Includes rate adjustments of:
2022 2023 2024 2025 2026
5.0% 2.0% 2.0% 2.0% 2.0%
5.0% 3.0% 3.0% 3.0% 3.0%
Exhibit 19:
Projected Stormwater Debt
Service Coverage
City of Wilton Manors
2021 Utility Rate Study
Exhibit 19: Projected Stormwater Debt Service Coverage
Description FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Operating Revenue $574,665 $633,980 $699,410 $736,649 $764,917
Total Misc. Income $10,300 $10,300 $10,300 $10,300 $10,300
Totallnterestlncome 0 0 0 0 0
Gross Revenues $584,965 $644,280 $709,710 $746,949 $775,217
Operating Expenses
Net revenues available for debt service
$439,700 $442,700 $445,700 $448,800 $452,100
$145,265 $201,580 $264,010 $298,149 $323,117
Senior Debt Service
Proposed 2022 Bonds $126,500 $126,500 $126,500 $126,500 $126,500
Total Senior Debt Service $126,500 $126,500 $126,500 $126,500 $126,500
Debt Service Coverage
Senior Debt Service
Projected
Required
1.15 1.59 2.09 2.36 2.55
1.20 1.20 1.20 1.20 1.20
All -In Debt Service
Projected 1.15 1.59 2.09 2.36 2.55
Required 1.50 1.50 1.50 1.50 1.50
Net revenues less debt service $18,765 $75,080 $137,510 $171,649 $196,617
Operating transfer out to General Fund 5,000 5,000 5,000 5,000 5,000
Amounts available for other purposes $13,765 $70,080 $132,510 $166,649 $191,617
2022 2023 2024 2025 2026
Includes rate adjustments of: 5.0% 10.0% 10.0% 5.0% 3.5%
Exhibit 20:
Projected Water and Wastewater
Fund Balances
City of Wilton Manors
2021 Utility Rate Study
Exhibit 20: Projected Water and Wastewater Fund Balances
Description FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Unrestricted Utility Reserves
Beginning Balance [1] $3,402,400 $4,877,600 $5,752,100 $5,097,600 $5,510,400
Water Surplus/(Deficit) 1,012,100 682,050 934,800 582,250 710,600
Sewer Surplus/(Deficit) 463,100 192,450 586,700 (169,450) (253,600)
Transfers In - Sewer Impact Fees Reserve 0 0 0 0 0
Transfer Out - Capital Funded from Reserves 0 0 (2,176,000) 0 (3,002,000)
Ending Balance $4,877,600 $5,752,100 $5,097,600 $5,510,400 $2,965,400
Estimated No. of Days of O&M Expenses (Target = 180)
Target Fund Balance $3,056,300 $3,175,500 $3,303,200 $3,438,500 $3,577,900
287 326 278 288 149
Renewal and Replacement Account
Beginning Balance [1] $474,000 $494,800 $337,000 $477,600 $124,000
Deposits to Fund:
From Water Operations 71,300 72,800 74,500 76,200 78,000
From Sewer Operations 71,300 72,800 74,500 76,200 78,000
Uses of Funds:
Capital Improvements (121,800) (303,400) (8,400) (506,000) (120,000)
Ending Balance $494,800 $337,000 $477,600 $124,000 $160,000
Sewer Impact Fees Reserve
Beginning Balance [1] $334,800 $371,500 $408,600 $446,100 $483,900
Deposits to Fund:
From Current Year Growth 33,200 33,200 33,200 33,200 33,200
Uses of Funds:
Capital Improvements 0 0 0 0 0
Reimbursement to Operating Reserves 0 0 0 0 0
Payment of Debt Service 0 0 0 0 0
Ending Balance Before Interest Income $368,000 $404,700 $441,800 $479,300 $517,100
Interest Earnings Recognized 3,500 3,900 4,300 4,600 5,000
Ending Balance $371,500 $408,600 $446,100 $483,900 $522,100
Exhibit 21:
Projected Stormwater Fund
Balances
City of Wilton Manors
2021 Utility Rate Study
Exhibit 21: Projected Stormwater Fund Balances
Description FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Unrestricted Stormwater Reserves
Beginning Balance [1] $582,828 $517,593 $508,673 $562,183 $274,031
Stormwater Surplus/(Deficit) (65,235) (8,921) 53,510 87,649 112,617
Transfer Out - Capital Funded from Reserves 0 0 0 (375,800) 0
Ending Balance $ 517,593 $ 508,673 $ 562,183 $ 274,031 $ 386,648
Estimated No. of Days of O&M Expenses (Target = 90) 430 419 460 223 312
Target Fund Balance $108,419 $109,159 $109,899 $110,663 $111,477
Stormwater Renewal and Replacement Account
Beginning Balance [1] $147,524 $62,124 $141,124 $220,124 $254,524
Deposits to Fund:
From Stormwater Operations 79,000 79,000 79,000 79,000 79,000
Uses of Funds:
Capital Improvements 164,400 0 0 44,600 123,700
Ending Balance $62,124 $141,124 $220,124 $254,524 $209,824
Footnotes:
[1] Amounts obtained from City of Wilton Manors period ended 9/30/2020