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05-04-98 Public HearingSOUTH TAHOE PUBLIC UTILITY DISTRICT "Basic Services for a Complex World" Robert Baer, General Manager Richard Solbrig, Assistant Manager James Jones, President BOARD MEMBERS Christopher Strohm, Vi'ce President Duane Wallace, Director Mary Lou Mosbacher, Director Pembroke Gochnauer, Director PUBLIC HEARING OF THE BOARD OF DIRECTORS SOUTH TAHOE PUBLIC UTILITY DISTRICT MAY 4, 1998 MINUTES The Board of Directors of the South Tahoe Public Utility District met for a Public Hearing on May 4, 1998, 6:00 p.m., at the City of South Lake Tahoe Council Chambers, 1900 Lake Tahoe Blvd., South Lake Tahoe, California. BOARD OF DIRECTORS: Directors Wallace, Strohm, Mosbacher, Gochnauer. Absent: President Jones. ROLL CALL STAFF: Baer, Solbrig, McFarlane, Forsythe, Rasmussen, Reid, Swain, Taylor. GUESTS: Signed In: Joyce Blackstone, Lois Loveless. Others: Two. PUBLIC HEARING 7:00 p.m. PUBLIC HEARING Director Strohm opened the Public Hearing at 6:07 p.m. 1998199 FISCAL YEAR BUDGETS: SEWER ENTERPRISE FUND AND WATER ENTERPRISE FUND Open Hearing ST057783 · PAGE PUBLIC HEARING MINUTES - MAY 4, 1998 Rhonda McFarlane and Richard Solbrig, with the assistance of a slide show, presented the 1998/99 Fiscal Year Budgets for the Sewer and Water Enterprise Funds. Planned expenditures and revenues were explained, along with a proposed rate increase of 3.5% for sewer and water rates. Lois Loveless questioned inequities in sewer and water billing and received clarification on both the sewer and water rate structures, as well as explanation on past and future rate studies. 7:20 p.m. Staff Report ADJOURNMENT ST057784 WELCOME 1998-99 BUDGET/FINANCIAL PLANS A SOUND BUDGET PROVIDES FINANCIAL MEANS TO: · Operate safe and reliable water and wastewater systems · Protect Lake Tahoe's environment · Manage our resources prudently SEWER ENTERPRISE FUND ST057785 SEWER ENTERPRISE FUND 1998-99 Budget Proposal · $8 million infrastructure spending · 3.5% planned rate adjustment · $6.4 million EPA grant · Assumes deviation for prior spending approved · No increases in operating expenses REVENUE SEWER BUDGET 1998-99 Fiscal Year Funding Sources Service Fees ~ Grant Property Taxes Connection Fees [] InteresUOther SEWER ENTERPRISE FUND Revenue · Up $56,000 · $240,000 increase from rate adjustment · $ 53,000 increase from other service charges · $153,000 decrease in interest income · $ 74,000 decrease in connection fees 7 8 ST057786 Residential Customers Quarterly Sewer Rate · $65.95 · Quarterly change $ 2.23 · First change since 1991 1998-99 QUARTERLY SEWER SERVICE FEES Incline Village No~th Tahoe South Tahoe Tahoe City Klngabury 10 SEWER ENTERPRISE FUND Other Funding · EPA grant $7.15 million ~Requires 45% matching or $5.85 million in District funds · 90% Federal funding budgeted · Deviation approval assumed ~ Credits District with $13 million already spent on the export pipeline system SEWER ENTERPRISE FUND 1998-99 Proposed Spending Capital Salary & Benefits Maintenance & Operations Debt Service 12 ST057787 SEWER ENTERPRISE FUND Report from Richard Solbrig Assistant General Manager/Engineer SEWER ENTERPRISE FUND 1998-99 Capital Outlay $8,021,000 · Export line $5,952,000 · Bijou pump station $125,000 · Furnace stack/gas mon. $180,000 · Secondary pump/VFD $137,000 · Lower shop paving $90,000 · Administration building expansion $90,000 13 14 SEWER ENTERPRISE FUND Alpine County Improvements · Concrete liner $166,000 · Diamond ditch headworks diversion $55,O00 · Equipment/office building $159,500 SEWER ENTERPRISE FUND Engineering Staff · Salaries & benefits $443,000 · Includes new Grant Contract Administrator $57,000 with benefits (eligible for grant reimbursement ) · Other increases $32,000 from benefits, overtime, and step raises · Expenses $81,000 15 16 ST057788 SEWER ENTERPRISE FUND Salary & Benefits · Up $350,000 · Higher benefit costs 53% · Cost of living adjustments 29% · Staff additions 19% · Net step adjustments, overtime and disability benefits (-)1% SEWER ENTERPRISE FUND Salary & Benefits · Staff additions · Temporary Grant Financial Administrator: Board approved November 1997 (eligible for grant reimbursement) · Computer Systems Technician: Recommended to the Board March 1998 17 18 SEWER ENTERPRISE FUND Salary & Benefits · Computer Systems Technician · Primary duties: PC maintenance, support, and troubleshooting · Cost about $47,000 (sewer and water combined, including benefits) · Solves lost productivity from computer downtime, offsetting costs about threefold · KPMG Peat Marwick Strategic Plan major recommendation · Supported by Perry-Smith & Co, District outside auditors 19 SEWER 1998-99 BUDGET MAINT. & OPERATIONS Goal: No Increase Over Prior Year Budget · ACHIEVED! · Actually decreased $287,000 · M&O lower than in 1991 20 ST057789 SEWER ENTERPRISE FUND Five Year Forecast 21 SEWER ENTERPRISE FUND Export Line Financial Impacts 30 - 15- 10- 5- 0 1996 1997 1998 1999 2000 2001 2002 2003 22 SEWER ENTERPRISE FUND CAPITAL PROJECTS Five Years Ending June 30, 2003 1998-99 8,020,720 1999-00 5,788,632 2000-01 4,223,115 2001-02 1,202,983 2002-03 1,082,704 Total 20,318,154 SEWER ENTERPRISE FUND Funding Sources for Capital Projects Service Charges Connection Fees Grants 23 24 ST057790 PROJECTED SEWER RATES Five Year Chart QUARTERLY YEAR RATE CI~uNGE 1998/99 $65.95 $2.23 1999/00 $68.25 $2.30 2000/01 $70.65 $2.40 2001/02 $73.10 $2.45 2002/03 $74.95 $1.85 25 SEWER ENTERPRISE FUND Capital Reserves · $8.5 million projected for 2003 · $139 million total fixed assets projected for 2003 · Reserve represents 6% of fixed assets 26 WATER ENTERPRISE FUND 27 WATER ENTERPRISE FUND 1998-99 Budget Proposal · $1.6 million infrastructure spending · 3.5% planned rate adjustment · Limited increases in operating expenses 28 ST057791 REVENUE WATER BUDGET 1998.9'9 Fiscai ~ea,r Reve~i~- 29 Service Fees Capital Improvement Charge Connection Fees Interest & Other 30 WATER ENTERPRISE FUND Revenue · UP $219,000 · $230,000 increase from rate adjustment · $42,000 increase from interest and other income ,$53,000 decrease in connection fees 31 Residential Customers Quarterly Water Rate · $87.55 new rate · Quarterly change $2.95 · Increase restricted to capital costs 32 ST057792 1998-99 QUARTERLY WATER SERVICE FEES incline VillageTahoe City South Tahoe Kingsbury No~h Tahoe Cave Rock 33 WATER ENTERPRISE FUND 1998'.99 Pr~pos"ed SPe~'dir~g Capital ~ Salary & Benefits Maintenance & Operations Debt Service 34 WATER ENTERPRISE FUND More from Richard Solbrig Assistant General ManagerfEngineer 35 WATER ENTERPRISE FUND 1998-99 Capital Outlay $1,580,000 · Water tanks $475,000 ,Flagpole, Gardner Mtn., Christmas Valley · Waterline replacements $445,000 ,Highway 50 contracted, other lines installed by District water crews · Heavy equip. & vehicles $141,000 ,Backhoe, self-propelled broom, 2 vehicles · Engineering $300,000 36 ST057793 WATER ENTERPRISE FUND Salary & Benefits · UP $243,000 ,Higher benefit costs 42% · Staff additions 29% · Cost of living adjustments 20% · Step adjustments 9% WATER ENTERPRISE FUND Salary & Benefits · Staff additions · Hydro-Geologist: Board approved January 1998. Cost about $69,000 (including benefits) · Computer Systems Technician: Recommended to the Board March 1998 37 38 WATER 1998-99 BUDGET MAINT. & OPERATIONS Goal: No Increase Over Prior Year Budget · Legal expenses $70,000 · Water tanks $45,000 · Other net $13,000 · TOTAL CHANGE $128,000 WATER ENTERPRISE FUND Five Year Forecast 39 40 ST057794 WATER ENTERPRISE FUND CAPITAL PROJECTS Five Years Ending June 30, 2003 1998-99 1,580,473 1999-00 2,375,763 2000-01 1,713,523 2001-02 1,631,561 2002-03 1,522,885 Total 8,824,205 41 WATER ENTERPRISE FUND Funding Sources f°r'C'~'pitalProJects Existing Service Charges Capital Improvement Charges Connection Fees 42 PROJECTED WATER RATES Five Year Chart Quarterly YEAR RATE CHANGE 1998/99 $87.55 $2.95 1999/00 $90.60 $3.05 2000/01 $93.75 $3.15 2001/02 $97.05 $3.30 2002/03 $99.50 $2.45 WATER ENTERPRISE FUND 43 Capital Reserves · $2.1 million projected for 2003 · $34 million total fixed assets projected for 2003 · Reserve represents 6% of fixed assets 44 ST057795 SUMMARY 1998-99 Budget · Infrastructure investments of 9.6 million planned · $6.4 million in grant funding · Planned rate adjustments of 3.5% · Sewer generates revenue to protect Lake Tahoe by continuing the export pipline project · Water restricted to capital improvements SUMMARY 45 1998-99 Budget · Costs are under control and have been reduced in many areas · All changes $236,000 or 2% of 1997/98 budget · Sewer salaries, benefits and M&O impacted by grant administration · Water salaries, benefits, and M&O impacted by commitment to MTBE issue 46 SUMMARY 1998-99 Budget · Commits resources to purse additional federal funding for export pipeline work · We're preparing for the next century with forecasts through June 30, 2003 . 47 We invite comments from the public. 48 ST057796 Z ~ c ~ > ST057797 ST057798