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City of Elk River, MN 11/1/2021 <br />1 <br />Sewer Revenue <br />Adequacy <br />City of Elk River <br />November 1, 2021 <br />Findings and Recommendations <br />2 <br />•Propose Near-Term Approach to Sewer Rate Plan <br />•Propose Capital Reserve Funding Approach <br />•Regional Rate Comparison <br />Study Objective: Develop Five-Year Financial Plan <br />Financial Planning Framework <br />•City can update budget and <br />revenue data annually to stay <br />on track <br />1 <br />2