4.1. ERMUSR 12-17-2013 - Laserfiche WebLink

Home Browse Search

• An estimate of 1% growth in usage; • Premium increase and cost sharing changes for health insurance; • Includes $5,000 for consultants, material, and labor for ERMU History Book update and marketing material design in anticipation of upcoming 100`h year anniversary in 2015; • Mapping included $10,000 to include outside help for specialized areas; • New NISC software expenses items include: $3,000 for training and labor implementation, $3,000 additional non-capital portion; • Additional $600 in consultant fees for additional audit preparation and support work due to concurrent implementation of new NISC software; • Water department share of proposed staff additions of part time IT staff, a Customer Service Representative, and a Meter Technician; As discussed last year, after not implementing a rate increase for three years, we had a 4% increase in 2013, and have planned for a 4% increase in 2014, and 2015 for the first tier component of the water rate. Discussions from last year have provided direction to leave the second and third tiers unchanged and gradually grow the first tier to narrow the gap between these tiers. The proposed budget increases the first tier only, but also increases the base monthly charge. The first tier is increased by$0.06, from $1.56 to $1.62. The increases of the base monthly charges are $1.00 for seniors, $0.31 for residential, and commercial varies $0.37 to $3.95 dependent on the line size. This distribution of the rate increases in this way provides for a balanced budget with appropriate matching of income and expenses for 2014 and positions ERMU for smaller rate increases in the future. Proposed 2014 water rates are as attached on the water rate worksheet. These rate changes result in a 3.3% increase for a typical residential customer. ACTION REQUESTED: • Adoption of the 2014 budget and rates. ATTACHMENTS: • Proposed Summary of 2014 Budgets • Proposed 2014 Electric Revenue and Expense Budget (condensed and unabridged) • Proposed 2014 Water Revenue and Expense Budget (condensed and unabridged) • ERMU Water Rate Worksheet • ERMU Water Utilities Cash Reserves Graph • Proposed 2014 Electric Capital Budget • Proposed 2014 Administration and Technical Services Capital Budgets • Proposed 2014 Water Capital Budget • Proposed 2014 Training and Travel Budget • Proposed 2014 Conservation Improvement Program Budget • 2014 Fee Schedule • 2014 Proposed Rates—Typical Customer Impact Study 1011f RED • fir', Page 3 of 3 NATURE Reliable Public Power Provider P o w E n e o T o S E R V E 52