HomeMy WebLinkAbout2011-02-17 - Board of Directors Meeting Agenda Packet
Yorba Linda
Water District
AGENDA
YORBA LINDA WATER DISTRICT
BOARD OF DIRECTORS WORKSHOP MEETING
Thursday, February 17, 2011, 8:00 AM
1717 E Miraloma Ave, Placentia CA 92870
1. CALL TO ORDER
2. PLEDGE OF ALLEGIANCE
3. ROLL CALL
Michael J. Beverage, President
Phil Hawkins, Vice President
Ric Collett
Robert R. Kiley
Gary T. Melton
4. PUBLIC COMMENTS
Any individual wishing to address the Board is requested to identify themselves and state the matter on which
they wish to comment. If the matter is on the agenda, the Board will recognize the individual for their comment
when the item is considered. No action will be taken on matters not listed on the agenda. Comments are limited
to matters of public interest and matters within the jurisdiction of the Water District. Comments are limited to five
minutes.
5. DISCUSSION ITEMS
This portion of the agenda is for matters that cannot reasonably be expected to be concluded by action of the
Board of Directors at the meeting, such as technical presentations, drafts of proposed policies, or similar items for
which staff is seeking the advice and counsel of the Board of Directors. Time permitting, it is generally in the
District's interest to discuss these more complex matters at one meeting and consider formal action at another
meeting. This portion of the agenda may also include items for information only.
5.1. Financial Plan Study and Water Rate Alternatives (Staff and Consulting Team
Presentation)
5.2. FY 2010/11 Budget
5.3. Future Agenda Items and Staff Tasks
6. ADJOURNMENT
6.1. The next regular meeting of the Board of Directors will be held February 24, 2011 at 8:30
a. m.
Items Distributed to the Board Less Than 72 Hours Prior to the Meeting
Pursuant to Government Code section 54957.5, non-exempt public records that relate to open session agenda items
and are distributed to a majority of the Board less than seventy-two (72) hours prior to the meeting will be available for
public inspection in the lobby of the District's business office located at 1717 E. Miraloma Avenue, Placentia, CA 92870,
during regular business hours. When practical, these public records will also be made available on the District's internet
website accessible at http://www.ylwd.com/.
Accommodations for the Disabled
Any person may make a request for a disability-related modification or accommodation needed for that person to be
able to participate in the public meeting by telephoning the Executive Secretary at 714-701-3020, or writing to Yorba
Linda Water District, P.O. Box 309, Yorba Linda, CA 92885-0309. Requests must specify the nature of the disability and
the type of accommodation requested. A telephone number or other contact information should be included so the
District staff may discuss appropriate arrangements. Persons requesting a disability-related accommodation should
make the request with adequate time before the meeting for the District to provide the requested accommodation.
ITEM NO. 5.1
AGENDA REPORT
Meeting Date: February 17, 2011
Subject: Financial Plan Study and Water Rate Alternatives (Staff and Consulting Team
Presentation)
ATTACHMENTS:
Nam
YLWD FPlan Workshop Feb 2011 v7.pdf Presentation Backup Material
Best of Both Worlds -
Presentation Backup Material
Water Efficiency Revenue Stability YLWD_v6.pdf
ul
Yorba Linda
Water District
FINANCIAL PLAN STUDY
FORWATER FUND
s
Board Worksho
P
Yorba Linda Water District
February 17, 2011
R F
rba Linda RAFTELs Flh+l w
d .
Water District COhMLTANr.%
C~W~1LTAtvT~ It+EC
Iff]
Yorba Linda
Water District Pu rPo s e
caa _ ,
To update the Board on the financial
-
health of the District Water Fund
Review past policies on increased costs from
MWDOC, OCWD and power
Discuss two scenarios and the associated
financial plans:
• Without OCWD annexation
• With OCWD annexation
o.
RFC
~TA ,NC Feb 2011 YLWD - Financial Plan Workshop 2
M„%
Ell
Yorba Linda
Water District Confirm Past Policies on Pass-through
Automatic Pass-th rough for future Water
& Power Costs
Per Resolution # 07-17, 09-15 and 09-17
Increased costs of purchased water and energy cot which are
charged t 'LWD b the Municipal Water District of Orange County
°`II WC " , Orange county Water District " D" the
Metropolitan Water [district. (M WD"), , Southern California Edison
"Edison') and/or• the Southern California Gas ornpany as
will pass through determining the unit cost per 100 cubic feet of
water and their applying such cast to retail accounts on the basis of
water usage.
RFC
~TA ,NC Feb 2011 YLWD - Financial Plan Workshop 3
CQ„M
Iff]
Yorba Linda
Water District Annexation Scenario
caa as -
c
Annexation will increase the District's Basin
Pumping Percentage from 46.5% to 62%
• Which would lower the overall District's water
supply cost
• The water supply cost saving is estimated to be
$1.7M per year (assuming 20,000 AF water sold)
RFC
~TA ,NC Feb 2011 YLWD - Financial Plan Workshop 4
M„M
Iff]
Yorba Linda
Water District Financial Plan -Assumptions
caa _
Inflation
General: 3%
Personnel: 3.5%
Construction: 3%
Reserve Interest Rates:
• 2010 - 2012: 0.8%
• 2013 and after: 2%
P ro p e rty Tax:
• 2011 - 2013: 0%
• After 2013: 1 %
Annual Revenue Adjustments effective on Jul I st
RFC
CQ„M~TA ,NC Feb 2011 YLWD - Financial Plan Workshop 5
Yorba Linda
Water ter District Expenditure Comparisons
Scenario -No-Annex •
cnn Expenditures 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016
c
Budgeted Projected Projected Projected Projected Projected
Operating Expenses
Salary Related Expenses $7,971,426 $8,248,692 $8,569,581 $8,902,836 $9,248,930 $9,608,354
Supplies & Services $3,996,585 $4,118,210 $4,261,192 $4,409,072 $4,562,015 $4,720,192
Power Cost $1,300,000 $1,305,429 $1,310,859 $1,316,288 $1,321,717 $1,327,147
Water Cost $11,300,000 $11,001,955 $11,047,713 $11,093,470 $11,139,228 $11,184,986
Total Operating Expenses $24,568,011 $24,674,286 $25,189,345 $25,721,666 $26,271,890 $26,840,679
CIP $12,818,000 $7,387,160 $8,105,276 $6,325,797 $1,311,218 $3,331,754
Debt Service $2,804,223 $2,805,179 $2,804,173 $2,801,473 $2,802,008 $2,800,530
Total Expenditures $40,190,234 $34,866,625 $36,098,793 $34,848,935 $30,385,115 $32,972,962
Scenario f
Expenditures 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016
Operating Expenses
Salary Related Expenses $7,971,426 $8,248,692 $8,569,581 $8,902,836 $9,248,930 $9,608,354
Supplies & Services $3,996,585 $4,118,210 $4,261,192 $4,409,072 $4,562,015 $4,720,192
Power Cost $1,300,000 $1,305,429 $1,310,859 $1,316,288 $1,321,717 $1,327,147
Water Cost $11,300,000 $9,285,868 $9,324,488 $9,363,108 $9,401,729 $9,440,349
Total Operating Expenses $24,568,011 $22,958,199 $23,466,120 $23,991,304 $24,534,391 $25,096,042
CIP $12,818,000 $7,387,160 $8,105,276 $6,325,797 $1,311,218 $3,331,754
Debt Service $2,804,223 $2,805,179 $2,804,173 $2,801,473 $2,802,008 $2,800,530
Total Expenditures $40,190,234 $33,150,537 $34,375,568 $33,118,573 $28,647,616 $31,228,326
RFC
M„M~TA ,NC Feb 2011 YLWD - Financial Plan Workshop 6
Yorba Linda Financial Plan:
Water District
No-Annex & Proposed Rev Adjustments
FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016
e - n • rs- . ® . ® .
REVENUES
Proposed Rev Adjmts 0% 4% 4% 4% 4% 4%
TOTAL REVENUES $27,747,569 $28,860,362 $30,140,909 $31,313,503 $32,608,153 $33,987,778
TOTAL EXPENDITURES $40,190,234 $34,866,625 $36,098,793 $34,848,935 $30,385,115 $32,972,962
NET CASH BALANCES -$12,442,665 -$6,006,264 -$5,957,884 -$3,535,433 $2,223,038 $1,014,815
Ending Reserve Balance $19,673,185 $13,666,921 $7,709,037 $4,173,604 $6,396,642 $7,411,458
Target Reserve Balance! $6,269,159 $6,273,953 $6,390,170 $6,507,235 $6,625,177 $6,744,031
Debt Coverage Ratio 164% 177% 205% 228% 255% 284%
Required Debt Coverage 110% 110% 110% 110% 110% 110%
RFC
~TA ,NC Feb 2011 YLWD - Financial Plan Workshop 7
CQ„M
Yorba Linda Financial Plan:
Water District
Annex & Proposed Rev Adjustments
FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016
Descriptions Budgeted Projected Projected Projected Projected Projected
REVENUES
Proposed Rev Adjmts 0% 2% 2% 2% 2% 2%
TOTAL REVENUES $27,747,568 $28,351,668 $29,109,591 $29,689,871 $30,353,916 $31,067,299
. _ - - _ . - - . _ - - _ TOTAL EXPENDITURES $40,190,234 $33,150,537 $34,375,568 $33,118,573 $28,647,616 $31,228,326
NET CASH BALANCES -$12,442,665 -$4,798,869 -$5,265,977 -$3,429,702 $1,706,301 -$161,026
Ending Reserve Balance $19,673,185 $14,874,315 $9,608,339 $6,178,637 $7,884,937 $7,723,911
Target Reserve Balance! $6,269,159 $6,188,149 $6,304,009 $6,420,716 $6,538,302 $6,656,800
Debt Coverage Ratio 164% 220% 229% 232% 236% 242%
Required Debt Coverage 110% 110% 110% 110% 110% 110%
RFC
~TA ,NC Feb 2011 YLWD - Financial Plan Workshop 8
M„M
Iff]
Yorba Linda
Water District Rate Options
caa _
Recommendation: All revenue
adjustments are collected through fixed
service charges
Increase revenue stability
Nexus: District cost should be reflected on
the meter charge
Rate Options:
Option 1: Status Quo - Uniform ratios
Option 2: AWWA capacity ratios,
a.
• Gradually adjust to AWWA ratios over five years
RFC
~TA ,NC Feb 2011 YLWD - Financial Plan Workshop 9
CQ„M
El
Yorba Linda Rate Options
Water District
caoa~- No-Annexation Scenario
Option Uniform 2012 IFY 2013 IFY 2014 IFY 2015 IFY 2016
IFY 1
5/8 $11.73 $15.30 $19.01 $22.87 $26.88 $31.06
3/4 $11.73 $15.30 $19.01 $22.87 $26.88 $31.06
1 $11.73 $15.30 $19.01 $22.87 $26.88 $31.06
11/2 $11.73 $15.30 $19.01 $22.87 $26.88 $31.06
2 $11.73 $15.30 $19.01 $22.87 $26.88 $31.06
3 $11.73 $15.30 $19.01 $22.87 $26.88 $31.06
4 $11.73 $15.30 $19.01 $22.87 $26.88 $31.06
6 $11.73 $15.30 $19.01 $22.87 $26.88 $31.06
8 $11.73 $15.30 $19.01 $22.87 $26.88 $31.06
10 $11.73 $15.30 $19.01 $22.87 $26.88 $31.06
Option 2012 FY 2013 IFY 2014 IFY 2015 FY 2016
1
5/8 $11.73 $13.37 $14.75 $15.95 $17.04 $18.03
3/4 $11.73 $13.37 $14.75 $15.95 $17.04 $18.03
1 $11.73 $15.15 $18.68 $22.34 $26.12 $30.05
11/2 $11.73 $19.60 $28.51 $38.29 $48.84 $60.11
2 $11.73 $24.95 $40.31 $57.43 $76.10 $96.17
3 $11.73 $41.88 $77.67 $118.06 $162.43 $210.37
4 $11.73 $66.83 $132.72 $207.40 $289.64 $378.67
6 $11.73 $135.44 $284.13 $453.08 $639.49 $841.48
8 $11.73 $224.55 $480.76 $772.16 $1,093.83 $1,442.54
RFC 10 $11.73 $349.30 $756.04 $1,218.86 $1,729.91 $2,284.01
CQ„M~TA ,NC Feb 2011 YLWD - Financial Plan Workshop 10
U]
Yorba Linda
Water District Discussion
cn
c
T
~ v
RFC
CQ„M~TA ,NC Feb 2011 YLWD - Financial Plan Workshop I I
El
Yorba Linda Rate Options
Water District
c.aeo - Annexation Scenario
Option Uniform 2012 IFY 2013 FY 2014 IFY 2015 IFY 2016
IFY 1
5/8 $11.73 $13.51 $15.33 $17.19 $19.08 $21.01
3/4 $11.73 $13.51 $15.33 $17.19 $19.08 $21.01
1 $11.73 $13.51 $15.33 $17.19 $19.08 $21.01
11/2 $11.73 $13.51 $15.33 $17.19 $19.08 $21.01
2 $11.73 $13.51 $15.33 $17.19 $19.08 $21.01
3 $11.73 $13.51 $15.33 $17.19 $19.08 $21.01
4 $11.73 $13.51 $15.33 $17.19 $19.08 $21.01
6 $11.73 $13.51 $15.33 $17.19 $19.08 $21.01
8 $11.73 $13.51 $15.33 $17.19 $19.08 $21.01
10 $11.73 $13.51 $15.33 $17.19 $19.08 $21.01
Current
Option 2012 IFY 2013 IFY 2014 IFY 2015 IFY 2016
1-
5/8 $11.73 $11.81 $11.90 $11.99 $12.10 $12.20
3/4 $11.73 $11.81 $11.90 $11.99 $12.10 $12.20
1 $11.73 $13.38 $15.07 $16.79 $18.55 $20.34
11/2 $11.73 $17.32 $23.00 $28.78 $34.67 $40.67
2 $11.73 $22.04 $32.52 $43.17 $54.02 $65.07
3 $11.73 $37.00 $62.65 $88.74 $115.31 $142.35
4 $11.73 $59.04 $107.06 $155.90 $205.62 $256.23
6 $11.73 $119.65 $229.20 $340.58 $453.97 $569.39
8 $11.73 $198.37 $387.81 $580.42 $776.50 $976.10
RFC 10 $11.73 $308.57 $609.87 $916.21 $1,228.05 $1,545.49
CQ„M~TA ,NC Feb 2011 YLWD - Financial Plan Workshop 12
Nou Can Have the Best of Both Worlds:
Promoting Water Use Efficiency While
Enhancing Revenue Stability
Yorba Linda Water District
February 17, 2011
RFC
Yorba Linda RAFTELIS FINANCIAL
Water District CONSULTANTS, INC.
Iff]
Yorba Linda
Water District Agenda
caa _
Yorba Linda Water District Challenges
Regulatory Requirements
C
MWD Drought Allocation
o;.
Volatility of Water Supply & Demand
Revenue Instability
Water Rate Evolution
Conservation Rate Structure Options
RFC
u~ WiS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 2
Ell
Water District Water Agencies" Current Challenges
New Regulatory Requirements
S 6x7-7
A6 1420
A.'
CUWCC BMPs
MWD Allocation & Penalties
How to equitably allocate water supply to customers?
Who should pay for MWD Penalty if incurred?
Volatility of Water Supply and Demand
0
Weather
Economy
Regulatory
Conservation Program
RFC
u~ WrS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 3
Ell
Yorba Linda
Water District what is SBx7-7?
caa as
c
In November 2009, the California State
Senate enacted S13x7-7
To increase water use efficiency by setting an
overall goal of reducing urban water per capita
use by
• 10% by 2015
• 20% by 2020
Water agencies may achieve these reductions
individually or regionally
A detailed plan on how a retail agency will
achieve these reductions must be included in
their 2010 Urban Water Management Plan
RFC
u~ WiS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 4
Ell
Yorba Linda
Water District The Financial Consequence of SBx7-7
caa as
c
As demand decreases, revenues fall more
than the monetary benefit in water
savings costs
Rate increases are maybe required to offset
the decline in revenues
• Politically challenging and not well received by the
public and Elected Officials
The key is to develop a rate structure that
anticipates the decline in revenues
RFC
u~ WiS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 5
Ell
Yorba Linda
Water District MWD Drought Allocation
How do you allocate water resources
when demand exceeds supply?
Who should cut back?
By how much?
Who should pay for drought penalties?
All customers?
Those who are above their respective
allocation?
RFC
u~ WiS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 6
Ell
Yorba Linda
Water District Volatility of Water Supply
State Water Project Reliability Factor Range is
currently 60%
Uncertain Outcome of Regulatory Drought &
Delta Situation
Increasing MWD treated Water Costs
• Tier 1: $453 in 2006 to $794 in Jan 2012 - 75% increase
• Tier 2: $549 in 2006 to $920 in Jan 2012 - 68% increase
RFC
u~ WiS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 7
Ell
Yorba Linda
Water District Volatility of Water Demand
Abnormally High Water Demand
Reduction
Yorba Linda has experienced 19% water
reduction in FY 2010 from the previous fiscal
yea r
RFC
u~ WiS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 8
YL
W
Given these challenges, how will your agency
ma address these concerns?
7, 1 21
The key is to develop a Conservation Rate
Structure that
1. Ensures compliance with new regulatory
requirements by actively promoting conservation
and efficient water use
2. Equitably allocates water supply to customers
3. Enhances revenue stability
4. Meets the Agencies' Goals, Objectives & Needs
Conservation Rate Structure
Which customer classes should have conservation
rate structures?
U •
Yorba Linda Important t o Assign Value t o
Water District ceaeoa- End-uses of Water
if
f
Sanitary / Economic Recreational Outdoor
Health & Safety Aesthetic
4
Necessary Use Discretionary Use
Least Water Most Water
RFC RAffELIS u Wr~~`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 11
rbaYo Lin da Proposed Guiding Principle for
Water District Study
r
i 'k
If reductions are needed an emphasis
will be to target inefficient use, focusing
first on outdoor aesthetic water, then
recreational usage. Only in severe
circumstance should water be reduced
for economic activities and sanitary
heath and safety.
RFC
u~ WrS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 12
Ell
Yorba Linda Which Customer Classes Should Have
Water District
Conservation Rate Structure.?
Given the objectives and end-use valuation
outlined RFC recommends:
This study focus on Dedicated Landscape,
Single Family and Multi Family
Business, Industrial and Institutional will be
examined at Phase II
RFC
u~ WrS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 13
U]
Yorba Linda
Water District
Water Rate Structure Evolution
Flat Rate Monthly Bill Flat Rate
$25
$20
$15
$10
$5
o'
o'
Q 10 20 30 40 50
Quantity
Flat Rate: $xx / month regardless of usage
Pros: Revenue stability, easy to understand
Cons: Inequitable, no conservation signal,
not affordable for essential use
RFC
u~ WiS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 14
U]
Yorba Linda
Water District
Water Rate Structure Evolution
Unit hate []nifarm Rate
Flat Rate $3.50
$3.00
$2.50
$2.00
$1.50
Uniform - $1.00
u $0.50
• • $
0 100 200 300 400 500 Goa
Quantity
Uniform Rate: $xx / hcf
Pros: Administrative ease, easy to understand
Cons: Weak conservation, not affordable for
essential use
RFC
u~ WiS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 15
U]
Yorba Linda
Water District
Water Rate Structure Evolution
Unit Rate 'Seasollal Hatt
$3.50
• _ Summer
$.3.00
$2.50
$2.00
R $1.50
■ - Winter
u $1.00
$0.50
Seasonal Rate
M 1 2 3 4 5 6 7 8 9 10 11 12
Month
Seasonal Rate: $ xxx / hcf in Summer,
$ x/hcf in Winter
Pros: Promote water conservation in the
summer, easy to administer
Cons: Revenue instability, not affordable for
essential use
RFC
u~ WiS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 16
U]
Yorba Linda
Water District
Water Rate Structure Evolution
Flat Rate Unit Rats Inclining Tiered Rate
$6
$5
$4
$3
Uniform - it
$
$1
$
o a 10 20 30 40 50
Quantity
Inclining Tiered Rate Inclining Tiered Rate:
Pros: Promote conservation, affordable for
essential use, easy to administer, easy to
understand
Cons: Penalize large users
RFC
u~ WiS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 17
U]
Yarba Linda
Water District
Water Rate Structure Evolution
Unit Rate Water Budget Tiered Rate
I" R. Flat Rate $6
$5 Customer 1 FIJI
$4 Customer 2
$3
$Z
Uniform Rate 1
a 10 20 30 40 50
Seasonal - Quantity
Inclining Water Budget Tiered Rate: riered Rate -
Pros: Promote water efficiency, equitable,
" affordable for essential use, drought
Resource allocation tool, revenue stability
Management
Cons: High administrative cost, harder to
understand
RAfrELI9 FINANGAL
CONSUL fANT5,INC. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 18
U]
Yarba Linda
Water District Conservation & Efficiency
c a a _
Water Water
Conservation Efficiency
Reducing water usage Reducing water waste
ran
Restricting water use Appropriate water use
Lifestyle adjustments No change in lifestyle
RFC
u~ WiS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 19
U]
Yarba Linda
Water District Conservation Rate Structures
INCLINING BLOCK WATER BUDGET
Pros Pros
+Easy to administer + Provides water efficiency targets
+Sends clear conservation signal Addresses equity concerns for
large families /lots
+Addresses affordability for basic
needs + Properly allocates drought
penalty rates
+ Addresses affordability for basic
Cons needs
- Targets larger water users and
doesn't focus on efficient use of Cons
water
■ High water use = wasteful water - Higher administrative costs
use ■ How is efficiency defined?
- Equity concerns ■ Billing system update required
■ Penalizes large families/ lots ■ Proactive Public outreach
■ Exacerbated during drought ■ Increases staff for customer
pricing service (implementation phase)
RFC
u~ WiS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 20
E3
Yorba Linda Structural Similarity Between Water
Water District
Budget and Inclining Tiered Rate Structures
caa _
groupings of block widths:
Typicallya~• Indoor water use: Typical range is from 10 to
15 HCF
• Outdoor water use: Typical range is from 10 to
45 HCF
• Water use that is considered excessive
RFC
u~ WrS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 21
U]
Yorba Linda
Water ter District Creating Revenue Stability
cn _
c
Collect the remaining fixed costs from usage
in the lower tiers
Customers who are above their allocation
will be asked to reduce their consumption
The rate structure is aligned with the goals of
meeting SBx7-7 compliance
Inclining rate structures focus on larger water
users
Water budget rate structures focus on inefficient
water users
RFC
u~ WrS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 22
U]
Yorba Linda
Water ter District
Case Study. •
caa as -
El Toro Water District (ETWD)
Water Conservation
• •
Supply
Tier 1 $1.89 $1.86 ($0.06) $1.80
!e
Tier 2 $1.89 $1.86 $0.34 $2.20
Tier 3 $1.89 $3.80 $0.34 $0.24 $4.38
Tier 4 $1.89 $5.70 $0.24 $5.94
Y
RFC
u~ WrS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 23
U]
Yorba
Water District Outcomes of Water Budgets, ETWD
caa as -
c
Bills
CUSTOMER IMPACTS
5FR+MFF+IR
7Q
60 04 50~.
40'.
u :
30
4% Y,
{.IS 0 S5 SILO SYS S'~ S50 > S50
change in Bills
u
62% of the customers will see a reduction in their bill, if we did not
have to increase revenue requirements.
RFC
u~ WrS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 24
Ell
Yorba Linda
Water District Next Steps
Develop a four-tiered conservation rate
model
Traditional tiered rate model for Single Family
and Multi Family
Simplified water budget rate model for Single
Family, Multi Family and Irrigation
Present the water rates to the Board in
May
RFC
u~ WiS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 25
El
Yarba Linda
Water District Discussion
cn
c
Q
T
~ v
RFC
u~ WiS'`. February 17, 2011 Best of Both Worlds: Water Efficency & Revenue Stability 26