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TO: Mayor Robert J. O'Connor
FROM: Stacey L. Hamling, Interim Chief Financial Officer/City Treasurer
DATE: April 5, 2017
SUBJECT:
An Ordinance Amending Article II of Chapter 48 of the City of Aurora Code of Ordinances Entitled "Municipal Utility Service" (Water and Sewer Rates)
PURPOSE:
To obtain the City Council's approval of a proposed ordinance that would adjust the city's rates for water and sewer service on July 1, 2017 and 2018.
BACKGROUND:
For the past several years, the city has adhered to the practice of adjusting its rates for water and sewer service moderately each year rather than imposing larger increases at irregular intervals. A history of the city's Class 1 water and sewer service rates per 100 cubic feet of water consumed (i.e., the consumption charge rate) since July 1, 1999 is shown below.
Amount of Percentage
Effective Date Rate Increase Increase
July 1, 1999 $3.01 $0.09 3.08%
July 1, 2000 $3.10 $0.09 2.99%
July 1, 2001 $3.19 $0.09 2.90%
July 1, 2002 $3.29 $0.10 3.13%
July 1, 2003 $3.35 $0.06 1.82%
July 1, 2004 $3.43 $0.08 2.39%
December 1, 2005 $3.50 $0.07 2.04%
July 1, 2006 $3.60 $0.10 2.86%
July 1, 2007 $3.68 $0.08 2.22%
July 1, 2008 $3.75 $0.07 1.90%
October 1, 2009 $3.86 $0.11 2.93%
July 1, 2010 $3.98 $0.12 3.11%
July 1, 2011* $4.17 $0.19 4.77%
July 1, 2012* $4.37 $0.20 4.80%
September 1, 2013* $4.40 $0.03 0.69%
July 1, 2014* $4.65 $0.25 5.68%
July 1, 2015* $4.80 $0.15 3.13%
July 1, 2016* $4.95 $0.15 3.03%
*Applicable to residential customers.
DISCUSSION:
In order to address the anticipated operating and capital needs of the water and sewer system, the Water & Sewer Fund requires an aggregate revenue increase of about 5% in each of the next two years. The current water rate structure includes a basic fixed fee (availability charge) and a water use/consumption ...
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