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HomeMy Public PortalAboutExhibit MSD 1A - Rate Change Notice Cover Memo to Rate Commission-Rate Change Proposal SubmissionMSD wastewater + stormwater MEMORANDUM DATE: March 24, 2023 TO: Rate Commission FROM: Brian Hoelscher, Executive Director RE: Formal Submission of Rate Change Proposal The Metropolitan St. Louis Sewer District (MSD) respectively submits this Rate Change Notice for a proposed change in its wastewater and stormwater rates for Rate Commission consideration according to Section 7.280.b of the MSD Charter, as amended on April 9, 2021. This formal submission consists of the "Rate Change Proposal" as prepared by the firm Raftefis Financial Consultants, Inc. In addition to the formal Rate Change Proposal, the District is submitting supporting documents as listed on the attached Exhibit index. Per. Section 7.280.f of the MSD Charter, the Rate Commission has 165 days from the date of receipt of these documents, in which to review the proposal. Consequently, the District respectfully awaits a written report by September 5, 2023. Questions regarding this proposal should be directed to myself at (314) 768-6245, Mr. Marion Gee, Director of Finance at (314) 768-6299, or Mr. Mike Gindler, Assistant Director of Finance at (314) 768-6233. cc: MSD Board of Trustees MSD Executive Management METROPOLITAN ST. LOUIS SEWER DISTRICT | 2350 MARKET STREET | ST. LOUIS. MO 63103-2555 (314) 768-6260 | WWW.MSDPROJECTCLEAR.ORG Exhibit MSD 1A