AGENDA CAPTION:
Title
Consider approval of Ordinance 2018-31, on the second of two readings, increasing rates established for Water, Wholesale Water, Reclaimed Water, Wastewater Treatment, and Sewer Surcharges; and including procedural provisions.
Body
Meeting date: September 18, 2018
Department: Finance-Heather Hurlbert, Director of Finance
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Background Information:
The City of San Marcos has recently conducted a water/wastewater rate study which was reviewed by the Citizen’s Utility Advisory Board (CUAB) and staff. The CUAB recommends a 5% adjustment to water rates and a 2% adjustment to wastewater rates for fiscal year 2019. This adjustment will increase the average residential bill by $3.30 per month or $39.60 annually. In addition to the adjustment in fiscal year 2019, the CUAB recommends that small increases be implemented annually over the next 2 to 4 years in order to offset a potentially much larger adjustment of 25% to 35% as the debt for the Alliance Regional Water Authority (ARWA) project is issued over several years beginning in fiscal year 2019. The ARWA project will supply San Marcos with an additional 50 year water supply once it is fully implemented.
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