Laserfiche WebLink
UTILITIES COMMISSION MEETING <br />TO: FROM: <br />ERMU Commission Theresa Slominski Administrations Director <br />MEETING DATE: AGENDA ITEM NUMBER: <br />December 17, 2019 5.3 <br />SUBJECT: <br />2020 Annual Business Plan (Budget, Schedule of Rates & Fees) <br />ACTION REQUESTED: <br />Adopt the 2020 Annual Business Plan <br /> <br />BACKGROUND: <br />In November, the preliminary 2020 Annual Business Plan was presented to the commission. <br />There have been some changes due to finalizing of projects and expenses, and some cuts from <br />previously presented items. The final highlights are discussed below. <br /> <br />DISCUSSION: <br />Electric Budget and Rates <br />As discussed in November, we are proposing a 0% rate increase for 2020. <br /> <br />Notable items in the electric budget for 2020 are: <br />3% cost of living adjustment (COLA) for Office, Field, and Management pay plan groups; <br />4.2% COLA for Lineworker pay plan group; <br />Conservative estimate for usage and growth; <br />Replacement of bucket truck #21 <br />Delay in replacement of digger truck #10 until 2021; <br />Shared cost in the replacement for Pickup Truck #14 for Technical Services (carryover <br />from 2019); <br />Shared cost in a technology upgrade for the Utilities Conference Room (carryover from <br />2019); <br />Electric Service Territory acquisition loss of revenue for Areas 1&2, 3&4, and 5&6 from <br />reserves; <br />Power Plant Substation Relocation and Field Services Site Prep for building in 2023; <br />Landfill Gas Plant rebuild of engines #2, #3, and #4, per contract. <br /> <br />Water Budget and Rates <br />st <br />The proposed 2019 residential water rates are a 2% increase to the 1 Tier and a 2% increase in <br />the basic monthly charge. These rate changes result in a projected 1.73% annual water cost <br />increase for a typical residential customer. This is the equivalent to a $5.00 per year increase for <br />st <br />these customers. For commercial customers, it is more difficult to classify typical users. The 1 <br />______________________________________________________________________________ <br />Page 1 of 3 <br />558 <br />