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• Territory acquisition costs of Area 2 Infrastructure and Area 1 Loss of Revenue payment <br /> paid from transfer from reserves; <br /> • Consultant for architectural design and planning of Field Services Building; <br /> • 2016 APPA Lineworkers Rodeo in Shakopee,MN. <br /> The proposed 2016(unchanged) electric rates are: <br /> Residential <br /> Meter Charge ... $12.00/Month <br /> Summer Energy Charge (May-Sep) ... $0.1360/kWh <br /> Winter Energy Charge (Oct-Apr) $0.1205/kWh <br /> Non-Demand Commercial <br /> Meter Charge ... $20.00/Month <br /> Summer Energy Charge(May-Sep) ... $0.1304/kWh <br /> Winter Energy Charge (Oct-Apr) $0.1087/kWh <br /> Demand Commercial (50kW peak or greater) <br /> Meter Charge ... $60.00/Month <br /> Energy Charge $0.0649/kWh <br /> Summer Demand Charge(May-Sep) ... $16.94/kW <br /> Winter Demand Charge (Oct-Apr) ... ... ... ... $11.99/kW <br /> Water Department Revenue and Expense Budget <br /> The proposed 2016 water budget reflects a 5.4%increase in revenue with a total budget of <br /> $2,603,100. Of that increase, 3.8%is collected through the increase to water rates 1%usage <br /> increase, and the remainder through increased WAC, etc. This water budget results in a .06% <br /> projected margin, and a projected$1,741 net to reserves. <br /> Notable items in the water budget for 2016 are: <br /> • 2.75%COLA for all four pay plan groups; <br /> • Conservative estimate for usage growth; <br /> • NISC in-house server implementation costs; <br /> • Addition of new GIS/Mapping Technician position; <br /> • Construction Filter Plant 9(partially funded from reserves and some trunk funds); <br /> • Well 3 Infiltration Basin; <br /> • New Water Valve Exercising Machine. <br /> In 2013,we implemented a multi-year plan after years of no rate increases in 2010,2011, and 2012 <br /> to bring rates and cash flow projections in line with capital improvement plan projections. The <br /> three year plan started in 2013 and ended in 2015 with 4%increases for all three years.As in the <br /> electric rate design,the proposed rate design also continues the direction of shifting to more fixed <br /> cost recovery to mitigate revenue recovery volatility related to weather. The proposed 2016 <br /> residential water rates are a 2.5%increase to the first tier and the Meter Charge: <br /> ER1 <br /> Page 2 of 3 Ei,IIATUR1 <br /> E <br /> Reliable Public <br /> Power Provider POWERED T o $ERV E <br /> 64 <br />