HomeMy WebLinkAboutUtility Rate Study Presenation 7-28-08I]
TOWN OF
VVESTLAKE
2008
WATER AND WASTE
WATER RATE STUDY
6
AWN OF W ST AKE
FISCAL AND
U D GETAF POLICIES
"To establish and document a policy framework for fiscal decision-
making, the Town Manager will develop and maintain a comprehensive set
of Financial Management Policy Statements. The aim of these policies is
to ensure that financial resources are available to meet the present and
future needs of the citizens of Westlake. Specifically this policy framework
mandates the pursuit of the following fiscal objectives:"
FY 2007-2008 Budget
FISCAL
AND BUDGETARY
POLICIES
• Revenues - Utility/Enterprise Funds User Fees
• Expenditures - Avoidance of operating deficits and maintenance of capital assets
• Capital Expenditures and Improvements — Replacement of capital assets on
a regular schedule
if
IVESTLAKE COMMUNITY VISION
Westlake is a one- of- a kind community; an oasis with rolling hills, grazing longhorns, and
soaring red-tailed hawks, located in the heart of the Fort Worth -Dallas metropolitan area.
Inviting neighborhoods and architecturally vibrant corporate campuses find harmony among
our meandering roads and trails, lined with native oaks and stone walls.
We are leaders. In education we are known for our innovative partnerships between the
Town -Owned Charter School and its corporate neighbors. We are environmental stewards
— exemplifyin_g the highest standards.
Hospitality finds its home in Westlake. As a community, we are fully involved and invested in
our rich heritage, dynamic present and exciting, sustainable future.
Vision Point: We are Leaders
In education we are known for our innovative partnerships
� between the Town -owned charter school and its corporate
neighbors. We are environmental stewards —exemplifying
� the highest standards.
Key Result Areas supporting this vision point:
• Premier educational facilities and programs
• Producing well educated future leaders and thinkers
• Business partnerships with the Town and Westlake
Academy
• Environmental stewardship initiatives
• High quality services delivery coupled with financial
stewardship
• Infrastructure maintenance and planning
■
Existingand
Proposed Rates
BASE RATES
Existing Proposed Existing Proposed
Meter Size Residential Residential Commercial Commercial
3/4" $ 37.50 39.00 $ 25 $ 39.00
1 " $ 55 65.13 $ 25 $ 65.13
1.5" $ 102.50 129.87 $ 75 $ 129.87
2" $ 157.50 207.87 $ 150 $ 207.87
3" $ 325 455.13 $ 450 $ 455.13
4" $ 720 819.00 $ 1,500 $ 819.00
Residential Includes 2000 gallons �+ -4
VOLUME RATES
Existing Proposed Existing Proposed
Volume Residential Residential , Commercial Commercial
0-2000 $ - $ 2.85 $ 2.50 $ 2.85
2001-10000 $ 2.50 $ 2.85 $ 2.75 $ 2.85
10001-20000 $ 2.60 $ 2.85 $ 3.50 $ 2.85
20001-40000 $ 2.70 $ 3.56 $ 4.00 $ 3.56
40001-400000 $ 2.80 $ 4.45 $ 4.50 $ 4.45
+400000 $ i 2.90 $ 5.57 $ 6.00 $ 5.57
Existing and
Proposed Sewer Rates
BASE RATES
Existing Proposed
Meter Size I Residential Residential
3/4"
i Proposed
Commercial
$ 30.00
$
30.00
$
30.00
1 "
105.00
170.00
370.00
$
55.00
$
55.00
1.5"
635.00
$
$
$
105.00
170.00
370.00
$
$
105.00
170.00
2"
3"
4"
$
370.00
$ 635.00 1 $
635.00
Residential includes 2000 gallons
Existing
Commercial
$ 30.00
i Proposed
Commercial
$ 30.00
$
55.00
$
55.00
$
$
$
105.00
170.00
370.00
$
$
105.00
170.00
$
370.00
$
635.00
$
635.00
VOLUME RATES
Residential is capped at 20, 000 gallons
Existing
Existing Proposed
Residential Residentia
$
0-2000
$
$
-
$ -
2001-10000
10001-20000
20001-40000
$
$
$
$
$
3.21 $ 3.21
3.21 $ 3.21
- $ 3.21
- $ 3.21
- $ 3.21
40001-400000
+400000
Residential is capped at 20, 000 gallons
Cap Removed
Proposed_
Commercial
Existing
Commercial
$
3.21
$
3.21
$
3.21
$
3.21
$
3.21
$
3.21
Cap Removed
Proposed_
Commercial
$
3.21
$
3.21
$
3.21
$
3.21
$
3.21
$
3.21
How do the
PROPOSED RATES
compare to
EXISTING RATES?
How do they affect
Westlake customers?
Comparison of Water Rates
With Neighboring Cities
• Roanoke
• Keller
• Southlake
• Trophy Club
WATER RATES
2008 Water rate study
Average Ottinger / Mahotea Boone House
(11,000 gallons/month - 1" meter)
$120
$100 96.48
$80 77.60
$60 51.41
53.41 62.00
$40 35.00
$20
$0
Keller Southlake Roanoke Trophy Club Westlake Westlake
Current Proposed
Average Wyck Hill /Aspen House 2008 Water rate study
(66,000 gallons/month - 1" meter)
$350
309.03
$300
253.41 252.25
$250 227.80
$200 176.40
$150
$100
$50
$0
Keller Southlake Roanoke Trophy Club Westlake Current Westlake
Proposed
2008 Water rate study
Average G lenwyck Farms House
(71,000 gallons/month - 1" meter)
$350
$300 273.41 269.75
249.78 241.80
$250
$200 - 189.40
$150
$100
$50
$0
Keller Southlake Roanoke Trophy Club Westlake Current Westlake
Proposed
2
Average Vaquero House 008 Water rate study
(115,000 gallons/month - 1" meter)
$600 - �
527.08
$500 449.41
402.02 423.75
365.00
$400
303.80
$300
$200
$100
$0
Keller Southlake Roanoke Trophy Club Westlake Current Westlake
Proposed
Trophy Club Comparison
with
MUD Tax
$700
$616.30
$700.00
$600
$600.00
$527.08
$500
$500.00
$400
$365,00 $397.73
$384.73
$400.00
$331.28
$309.03
$300$300.00
$241.80
$227.80
$200
$200.00
$100
1
$97.50
$77.60 $96.48
$100.00
W
$0
$-
Trophy Westlake Westlake Trophy Westlake Westlake
Trophy
Westlake
Westlake
Trophy
Westlake Westlake
Club Current Proposed Club Current Proposed
Club
Current
Proposed
Club
Current Proposed
Vaquero House Glenwyck House
Wyck Hill/Aspen
House
Ottinger/Mahotea Boone House
■ Tax Revenue
Assumed average Trophy Club Tax Rate of .25 per $100 assessed value
■Water Revenue
Total
SEWER RATES
$100
901
E
9MI
$20
Bog
2008 Sewer rate study
Average Ottinger/ Mahotea Boone Ho
ise
(11,000 gallons/month - 1" meter)
Keller Southlake Roanoke Trophy Club Westlake Westlake
Current Proposed
Average Wyck Hill /Aspen House
(66,000 gallons/month - 1" meter)
Not on Town Sewer 260.44
$250 218.64
200.35
$200
$150
' 11
112.78
50.16
Keller Southlake Roanoke Trophy Club Westlake Westlake
Current Proposed
$300
$250
$200
$150
$100
$50
Keller Southlake Roanoke Trophy Club Westlake Westlake
Current Proposed
2008 Sewer rate study
Average Vaquero House
(115,000 gallons/month - 1" meter)
$500
417.73
$400
365.15
332.16
$300
$200
112.78
$100
50.16 40.48
$0 - I - M I
Keller Southlake Roanoke Trophy Club Westlake Current Westlake Proposed
I]
TOWN OF
VVESTLAKE
2008
WATER AND WASTE
WATER RATE STUDY