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<br />Request for Action <br /> <br /> <br /> <br /> <br /> <br />To Item Number <br />Mayor and City Council 10.1 <br />Agenda Section Meeting Date Prepared by <br />General Business November 1, 2021 Justin Femrite, P.E., Public Works Director <br />Item Description Reviewed by <br />Sewer Revenue Adequacy Report Lori Ziemer, Finance Director <br />Reviewed by <br />Calvin Portner, City Administrator <br /> <br />Action Requested <br />Review completed Sewer Revenue Adequacy Report <br /> <br />Background/Discussion <br />Upon review of the proposed 2021 sewer budget, there remained question about the fees we charge and any <br />proposed annual adjustments. From this feedback, staff engaged AE2S to study our fund and associated revenues <br />to help forecast appropriate rates and access charges moving forward. <br /> <br />Financial Impact <br />None at this time. We propose to use this report as a guide for establishing rates over the next five years. <br /> <br />Mission/Policy/Goal <br />Responsible for every dollar – good stewards <br /> <br />Attachments <br /> Sewer Revenue Adequacy Report <br /> Elk River Municipal Utilities Water Cost Study <br /> <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br /> <br />service, and community engagement that encourages and inspires prosperity. <br /> Updated: August 2020 <br />