HomeMy WebLinkAboutSSA022221
CITY OF CENTRAL
POINT
Oregon
Council Study Session Agenda
Monday, February 22, 2021
Mayor
Hank Williams
Ward I
Neil Olsen
Ward II
Kelley Johnson
Ward III
Melody Thueson
Ward IV
Taneea Browning
At Large
Rob Hernandez
At Large
Michael Parsons
At Large
Michael Parsons
I. Call to Order
II. Agenda Items
1. City Utility Fund and Community Center Financial Review (Samitore)
III. Adjournment
Individuals needing special accommodations such as sign language, foreign language interpreters or equipment for the
hearing impaired must request such services at least 72 hours prior to the City Council meeting. To make your request,
please contact the City Recorder at 541-423-1026 (voice), or by e-mail to Deanna.casey@centralpointoregon.gov.
Si necesita traductor en español o servicios de discapacidades (ADA) para asistir a una junta publica de la ciudad por favor llame con 72 horas de anticipación al 541-664-3321 ext. 201
City of Central Point
Staff Report to Council
ISSUE SUMMARY
TO: City Council
DEPARTMENT:
Public Works
FROM: Matt Samitore, Parks and Public Works Director
MEETING DATE: February 22, 2021
SUBJECT: City Utility Fund and Community Center Financial Review
ACTION REQUIRED:
Information/Direction
RECOMMENDATION:
None Forwarded
BACKGROUND INFORMATION:
The City hired FCS Group, Inc. to review the City's enterprise funds to determine if the
current rates meet the current and future demands. FCS Group did an additional
analysis to determine what it would take to fund a potential Community Center's
maintenance and operation.
FCS Group has completed the first task order and will present their findings.
FINANCIAL ANALYSIS:
City Staff asked FCS Group to analyze what it would take to have a $400,000 operating
budget for the community center. The request was to look at changing the current
general fund obligations of $175,000 to the Street Fund and its impact on rates. The
second was to look at how much it would cost to generate an additional $225,000 from
the Parks Maintenance Fee.
FCS Group will report on staff direction of analyzing commercial rates, interchange
specific properties, multi-family rates, and single-family homes.
LEGAL ANALYSIS:
N/A
COUNCIL GOALS/STRATEGIC PLAN ANALYSIS:
N/A
STAFF RECOMMENDATION:
None at this time.
2.1
Packet Pg. 2
RECOMMENDED MOTION:
A motion is not recommended at this time.
ATTACHMENTS:
1. 2-22-2021 Central Point City Council v8
2.1
Packet Pg. 3
Slide 1FCS GROUP
Presented to the Central Point City Council
Monday, February 22, 2021
Prepared by FCS GROUP
Water, Stormwater, Streets,
and Parks Rate Study
2.1.a
Packet Pg. 4 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 2FCS GROUP
Agenda
•Utility Rate Basics
•Analysis Review
»Water
»Stormwater
»Streets
»Parks
2.1.a
Packet Pg. 5 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 3FCS GROUP
Agenda
•Utility Rate Basics
•Analysis Review
»Water
»Stormwater
»Streets
»Parks
2.1.a
Packet Pg. 6 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 4FCS GROUP
Introduction to Utility Ratemaking
•Utility rates are set to recover the cost of providing service.
•Utilities incur two primary types of costs:
»Operating costs (regular / ongoing)
–Employee salaries and benefits
–Power and chemicals
–Asset repair and maintenance
»Capital costs (irregular / periodic)
–Infrastructure replacement
–Facility expansions and upgrades
Year 1 Year 2 Year 3 Year 4 Year 5
Operating Capital
2.1.a
Packet Pg. 7 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 5FCS GROUP
What Should Rates Do?
•Generate sufficient revenues to sustain the utility system
•Charge for cost of services provided
•Recover costs equitably
•Achieve City objectives
»Conservation
»Revenue stability
»Maintain minimum fund balances and meet other fiscal policies
2.1.a
Packet Pg. 8 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 6FCS GROUP
Outline of a Revenue Requirement Study
Fiscal Policies Operating BudgetOperating BudgetCapital Improvement
Program
Capital Improvement
Program
Rate Revenue
Requirement
System
Development
Charge (SDC)
System
Development
Charge (SDC)
2.1.a
Packet Pg. 9 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 7FCS GROUP
Agenda
•Utility Rate Basics
•Analysis Review
»Water
»Stormwater
»Streets
»Parks
2.1.a
Packet Pg. 10 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 8FCS GROUP
Key Assumptions: Water
Annual Cost Inflation
§Salaries: 1.65%
§Benefits: 3.07%
§Other Operating Costs: 1.77%
§Construction Costs: 2.79%
Operating Forecast
§Rate revenue based on the BN 19-21
Budget, escalated by the anticipated
customer growth
§Operating costs and non-rate revenues
based on BN 19-21 Budget
•Adjusted for inflation in future years
Annual Growth Rates
§Customer Growth 1.62%
Financial Policies
§Min. Fund Balance Target: 90 days of O&M
§Franchise Fee of 1.7%on water sales
2.1.a
Packet Pg. 11 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 9FCS GROUP
$-
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040
Capital Needs Forecast: Water
•$44.3 million in capital projects from 2021 to 2040
•A revenue bond is expected to help pay for nearly $20 million in
projects in 2030
2.1.a
Packet Pg. 12 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 10FCS GROUP
Revenue Requirement Forecast: Water
•Inflationary rate increases are necessary to pay for new debt service
and capital projects
$0
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
$7,000,000
$8,000,000
2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040
Cash Operating Expenses Existing Debt Service
New Debt Service Rate Funded Capital
Total Revenues Total Revenues with Rate Increases
2.1.a
Packet Pg. 13 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 11FCS GROUP
Fund Balances: Water
$-
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
$7,000,000
$8,000,000
$9,000,000
$10,000,000
2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040
Combined Ending Balance Minimum Target Balance
2.1.a
Packet Pg. 14 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 12FCS GROUP
Across-the-Board Rate Schedule Previous Existing ATB ATB ATB ATB ATB ATB ATB ATB ATB
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Implementation Date:7/1/2021 7/1/2022 7/1/2023 7/1/2024 7/1/2025 7/1/2026 7/1/2027 7/1/2028 7/1/2029
Annual System-Wide Rate Increase 3.00%3.00%3.00%2.00%2.00%2.00%2.00%2.00%2.00%
Fixed Charge by Class a nd Meter
Residential
5/8"15.14$ 15.60$ 16.06$ 16.55$ 16.88$ 17.21$ 17.56$ 17.91$ 18.27$ 18.63$
1"21.82 22.48 23.15 23.85 24.32 24.81 25.31 25.81 26.33 26.86
1.5"32.76 33.74 34.75 35.79 36.51 37.24 37.99 38.74 39.52 40.31
2"46.22 47.61 49.04 50.51 51.52 52.55 53.60 54.67 55.76 56.88
3"81.25 83.69 86.20 88.79 90.56 92.37 94.22 96.10 98.03 99.99
4"120.78 124.40 128.14 131.98 134.62 137.31 140.06 142.86 145.72 148.63
6"230.95 237.88 245.02 252.37 257.41 262.56 267.81 273.17 278.63 284.21
8"362.94 373.83 385.04 396.59 404.52 412.61 420.87 429.28 437.87 446.63
Senior Housing
5/8"22.25$ 22.92$ 23.61$ 24.31$ 24.80$ 25.30$ 25.80$ 26.32$ 26.84$ 27.38$
1"44.50 45.84 47.21 48.63 49.60 50.59 51.60 52.63 53.69 54.76
1.5"66.75 68.75 70.82 72.94 74.40 75.89 77.40 78.95 80.53 82.14
2"89.00 91.67 94.42 97.25 99.20 101.18 103.21 105.27 107.37 109.52
3"111.25 114.59 118.03 121.57 124.00 126.48 129.01 131.59 134.22 136.90
4"133.50 137.51 141.63 145.88 148.80 151.77 154.81 157.90 161.06 164.28
6"155.75 160.42 165.24 170.19 173.60 177.07 180.61 184.22 187.91 191.66
8"178.00 183.34 188.84 194.51 198.40 202.36 206.41 210.54 214.75 219.04
Fixed Water Rates
2.1.a
Packet Pg. 15 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 13FCS GROUP
Fixed Water Rates (continued)
Across-the-Board Rate Schedule Previous Existing ATB ATB ATB ATB ATB ATB ATB ATB ATB
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Implementation Date:7/1/2021 7/1/2022 7/1/2023 7/1/2024 7/1/2025 7/1/2026 7/1/2027 7/1/2028 7/1/2029
Annual System-Wide Rate Increase 3.00%3.00%3.00%2.00%2.00%2.00%2.00%2.00%2.00%
Multi-Family Residential
5/8"27.30$ 28.12$ 28.97$ 29.84$ 30.43$ 31.04$ 31.66$ 32.30$ 32.94$ 33.60$
1"36.41 37.50 38.62 39.78 40.58 41.39 42.22 43.06 43.92 44.80
1.5"45.51 46.87 48.28 49.73 50.72 51.74 52.77 53.83 54.90 56.00
2"54.61 56.25 57.93 59.67 60.87 62.08 63.32 64.59 65.88 67.20
3"63.71 65.62 67.59 69.62 71.01 72.43 73.88 75.36 76.86 78.40
4"72.81 75.00 77.25 79.56 81.15 82.78 84.43 86.12 87.84 89.60
6"81.91 84.37 86.90 89.51 91.30 93.12 94.99 96.89 98.82 100.80
8"91.01 93.74 96.56 99.45 101.44 103.47 105.54 107.65 109.80 112.00
Commercial &Standby
5/8"13.57$ 13.98$ 14.40$ 14.83$ 15.13$ 15.43$ 15.74$ 16.05$ 16.37$ 16.70$
1"17.81 18.35 18.90 19.46 19.85 20.25 20.66 21.07 21.49 21.92
1.5"24.94 25.69 26.46 27.26 27.80 28.36 28.93 29.50 30.09 30.70
2"33.33 34.33 35.36 36.42 37.15 37.89 38.65 39.42 40.21 41.01
3"55.97 57.65 59.38 61.16 62.39 63.64 64.91 66.21 67.53 68.88
4"82.41 84.88 87.43 90.05 91.85 93.69 95.56 97.48 99.43 101.41
6"152.33 156.90 161.60 166.45 169.78 173.17 176.64 180.17 183.77 187.45
8"237.02 244.13 251.46 259.00 264.18 269.46 274.85 280.35 285.96 291.68
2.1.a
Packet Pg. 16 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 14FCS GROUP
Fixed Water Rates (continued)
Across-the-Board Rate Schedule Previous Existing ATB ATB ATB ATB ATB ATB ATB ATB ATB
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Implementation Date:7/1/2021 7/1/2022 7/1/2023 7/1/2024 7/1/2025 7/1/2026 7/1/2027 7/1/2028 7/1/2029
Annual System-Wide Rate Increase 3.00%3.00%3.00%2.00%2.00%2.00%2.00%2.00%2.00%
Irrigation
5/8"15.64$ 16.11$ 16.59$ 17.09$ 17.43$ 17.78$ 18.14$ 18.50$ 18.87$ 19.25$
1"23.52 24.23 24.96 25.71 26.22 26.74 27.28 27.82 28.38 28.95
1.5"33.26 34.25 35.28 36.34 37.07 37.81 38.56 39.34 40.12 40.93
2"49.07 50.54 52.06 53.62 54.69 55.79 56.90 58.04 59.20 60.39
3"84.00 86.52 89.12 91.79 93.63 95.50 97.41 99.36 101.34 103.37
4"120.93 124.56 128.30 132.14 134.79 137.48 140.23 143.04 145.90 148.82
6"232.95 239.94 247.14 254.55 259.64 264.84 270.13 275.54 281.05 286.67
8"362.44 373.31 384.51 396.05 403.97 412.05 420.29 428.69 437.27 446.01
Hydrant 48.65 50.11 51.61 53.16 54.22 55.31 56.42 57.54 58.69 59.87
Expo - - - - - - - - - -
2.1.a
Packet Pg. 17 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 15FCS GROUP
Water Volume Rates
Across-the-Board Rate Schedule Previous Existing ATB ATB ATB ATB ATB ATB ATB ATB ATB
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Implementation Date:7/1/2021 7/1/2022 7/1/2023 7/1/2024 7/1/2025 7/1/2026 7/1/2027 7/1/2028 7/1/2029
Annual System-Wide Rate Increase 3.00%3.00%3.00%2.00%2.00%2.00%2.00%2.00%2.00%
Volume Charge by Class and Tier
Residential
Tier 1 (0-8 CCF)0.95$ 0.98$ 1.01$ 1.04$ 1.06$ 1.08$ 1.10$ 1.12$ 1.15$ 1.17$
Tier 2 (8-22 CCF)1.84 1.90 1.95 2.01 2.05 2.09 2.13 2.18 2.22 2.26
Tier 3 (Over 22 CCF)2.95 3.04 3.13 3.22 3.29 3.35 3.42 3.49 3.56 3.63
Senior Housing (uniform rate)1.67$ 1.72$ 1.77$ 1.82$ 1.86$ 1.90$ 1.94$ 1.98$ 2.01$ 2.06$
Multi-Family Residential 1.67$ 1.72$ 1.77$ 1.82$ 1.86$ 1.90$ 1.94$ 1.98$ 2.01$ 2.06$
Commercial &Standby 1.67$ 1.72$ 1.77$ 1.82$ 1.86$ 1.90$ 1.94$ 1.98$ 2.01$ 2.06$
Irrigation
Tier 1 (0-8 CCF)0.95$ 0.98$ 1.01$ 1.04$ 1.06$ 1.08$ 1.10$ 1.12$ 1.15$ 1.17$
Tier 2 (8-22 CCF)1.84 1.90 1.95 2.01 2.05 2.09 2.13 2.18 2.22 2.26
Tier 3 (Over 22 CCF)2.95 3.04 3.13 3.22 3.29 3.35 3.42 3.49 3.56 3.63
Hydrant 1.67 1.72 1.77 1.82 1.86 1.90 1.94 1.98 2.01 2.06
Expo 1.67 1.72 1.77 1.82 1.86 1.90 1.94 1.98 2.01 2.06
Hardship Discount (Applies to both Fixed and Volume)50%
Outside City Factor (Applies to both Fixed and Volume)200%
2.1.a
Packet Pg. 18 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 16FCS GROUP
5/8"Me ter,10 CCF
Ashland 48.38$
Talent 44.70$
Phoenix 41.00$
Eagle Point 39.63$
Central Point -Proposed 27.24$
Central Point -Current 26.42$
Me dford 21.05$
Water Rates Comparison
2.1.a
Packet Pg. 19 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 17FCS GROUP
Agenda
•Utility Rate Basics
•Analysis Review
»Water
»Stormwater
»Streets
»Parks
2.1.a
Packet Pg. 20 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 18FCS GROUP
Key Assumptions: Stormwater
Annual Cost Inflation
§Salaries: 1.65%
§Benefits: 3.07%
§Other Operating Costs: 1.77%
§Construction Costs: 2.79%
Operating Forecast
§Rate revenue based on the BN 19-21
Budget, escalated by the anticipated
customer growth
§Operating costs and non-rate revenues
based on BN 19-21 Budget
•Adjusted for inflation in future years
Annual Growth Rates
§Customer Growth 1.62%
Financial Policies
§Min. Fund Balance Target: 30 days of O&M
2.1.a
Packet Pg. 21 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 19FCS GROUP
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040
Capital Needs Forecast: Stormwater
•$5.1 million in capital projects from 2021 to 2040
2.1.a
Packet Pg. 22 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 20FCS GROUP
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040
Cash Operating Expenses Rate Funded Capital
Total Revenues Total Revenues with Rate Increases
Revenue Requirement Forecast: Stormwater
•No rate increases are necessary
•Rate revenue and SDCs are sufficient to provide for capital needs
2.1.a
Packet Pg. 23 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 21FCS GROUP
$-
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
$7,000,000
2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040
Combined Ending Balance Minimum Target Balance
Fund Balances: Stormwater
2.1.a
Packet Pg. 24 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 22FCS GROUP
Stormwater Rates
Across-the-Board Rate Schedule Previous Existing ATB ATB ATB ATB ATB ATB ATB ATB ATB
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Implementation Date:7/1/2021 7/1/2022 7/1/2023 7/1/2024 7/1/2025 7/1/2026 7/1/2027 7/1/2028 7/1/2029
Annual System-Wide Rate Increase 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Fixed charge by Class
Stormwater Fee per ESU (3,000 SF)$6.50 $6.50 $6.50 $6.50 $6.50 $6.50 $6.50 $6.50 $6.50 $6.50 $6.50
2.1.a
Packet Pg. 25 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 23FCS GROUP
Single-Family Residence
Me dford 7.85$
Central Point*7.50$
Eagle Point 5.00$
Ashland 4.99$
Talent 1.00$
Phoenix 1.00$
*Includes $1.00 for the Stormwater Quality Fee
Stormwater Rates Comparison
2.1.a
Packet Pg. 26 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 24FCS GROUP
Agenda
•Utility Rate Basics
•Analysis Review
»Water
»Stormwater
»Streets
»Parks
2.1.a
Packet Pg. 27 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 25FCS GROUP
Streets Fee Analysis Goals
•Replace $175,000 in franchise fee revenue directed to street fund:
»Eliminate pass-by trip reductions for businesses near I-5
»Increase rates across-the-board
2.1.a
Packet Pg. 28 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 26FCS GROUP
Pass-By Trips
Leaving work:
1 trip end
Arriving at home:
1 trip endStopping at and leaving
the grocery store:
2 pass-by trip ends
•The grocery store stop causes no additional street impact.
•The grocery store is not charged for those trip ends.
•Businesses in the I-5 area experience few, if any pass-by trips.
2.1.a
Packet Pg. 29 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 27FCS GROUP
Current Ra tes
Forecasted Street Fee Revenue under Current Rates 640,184$
Franchise Fee Revenue 175,000
Total 815,184$
De si gn Rates
Forecasted Street Fee Revenue under Current Rates 640,184$
Franchise Fee Revenue -
Revenue from Eliminating Pass-By Trip Reductions in I-5 Area 48,359
Total 688,543$
Additional Revenue Required 126,641
Total 815,184$
Re quired Across-the-Board Rate Adjustment 18.4%
Streets: Revenue Requirement
2.1.a
Packet Pg. 30 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 28FCS GROUP
Streets Fee Rates
Across-the-Board Rate Schedule Existing ATB
2021 2022
Implementation Date:7/1/2021
Annual System-Wide Rate Increase 18.4%
Fixed charge by Class
Residential (per average daily ve hicle trip end)$0.627 $0.742
Commercial (per average daily ve hicle trip end)$0.266 $0.315
2.1.a
Packet Pg. 31 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 29FCS GROUP
Single-Family Residence
Ashland 9.37$
Me dford 7.35$
Central Point - Proposed 7.10$
Eagle Point 7.00$
Central Point - Current 6.00$
Talent 3.92$
Phoenix 2.39$
Streets Fee Comparison
2.1.a
Packet Pg. 32 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 30FCS GROUP
Agenda
•Utility Rate Basics
•Analysis Review
»Water
»Stormwater
»Streets
»Parks
2.1.a
Packet Pg. 33 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 31FCS GROUP
Parks Fee Analysis Goals
•Raise parks fee revenue by $225,000 to help pay for the planned
community center:
»Equitably charge multi-family developments
–Multi-family is currently charged 50% of the $1 single-family rate
»Increase rates across-the-board
•Consider meeting other future needs with the parks fee (costs not
included)
»Baseball fields
»Greenway
»Cemetery
2.1.a
Packet Pg. 34 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 32FCS GROUP
Number of
Dwelling Units
Population in
Household Typ e
Average
Household Size
Occupancy R ate
Relative to Single-
Family
Occupancy
Parks Rate per
Dwelling Unit
Single-Family 5,804 14,509 2.50 1.00 1.00$
Multi-Family 1,088 2,449 2.25 0.90 0.90$
Source: American Community Survey 2014-2018,Table B25124,Central Point, Oregon
Multi-Family Parks Usage
2.1.a
Packet Pg. 35 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 33FCS GROUP
Parks: Revenue Requirement
Revenue at
Current Rates
Revenue with
Design Rates
Single Family Residential 108,804$ 108,804$
Multi-Family Residential 8,484 16,394
Non-Residential 2,712 2,712
Total 120,000$ 127,910$
Revenue Requirement 345,000$ 345,000$
AT B Adjustment 188%170%
2.1.a
Packet Pg. 36 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 34FCS GROUP
Parks Fee Rates
Current Rates
Current Rates with ATB
Adjustment
Design Rates with ATB
Adjustment
Single Family Residential 1.00$ per dwelling unit 2.88$ per dwelling unit 2.70$ per dwelling unit
Multi-Family Residential 0.50$ per dwelling unit 1.44$ per dwelling unit 2.43$ per dwelling unit
Non-Residential 1.00$ per meter 2.88$ per meter 2.70$ per meter
2.1.a
Packet Pg. 37 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 35FCS GROUP
Parks Fee Comparison
Single-Family Residence
Me dford 5.35$
Talent 5.00$
Central Point -Proposed 2.70$
Central Point -Current 1.00$
Phoenix -$
Ashland -$
Eagle Point -$
2.1.a
Packet Pg. 38 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)
Slide 36FCS GROUP
Thank you!
Questions?
Doug Gabbard –Project Manager
(503) 252-3001
DougG@fcsgroup.com
www.fcsgroup.com
2.1.a
Packet Pg. 39 Attachment: 2-22-2021 Central Point City Council v8 (1387 : City Utility Rate Financial Reivew)