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09.02 - Utility Rate Study Proposals
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02-08-2012 Council Meeting
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09.02 - Utility Rate Study Proposals
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ON Staff Su000r <br />C. City Staff Support <br />Springsted <br />Fi <br />K <br />10 0016.1 <br />a <br />In order to conduct this study, the City will need to designate a staff <br />member to serve as a project manager. This person will be responsible <br />for assisting Springsted with gathering accurate and timely data needed <br />to complete the project and to assist in arranging for required meetings. <br />You will notice from the historical analysis completed in Appendix I, <br />we have already accumulated a lot of the historical data. The following <br />information will be needed to complete the study: <br />City of Pequot Lakes, Minnesota. Proposal to Provide a Utility Rate Analysis — Water and Sewer <br />Utility Rate Analysis Required Information <br />Beginning cash and investment balance for each Utility from the <br />most recent fiscal year <br />A list of the anticipated capital expenditures for the current year <br />indicating item to be purchased or the expenditure to be made, <br />amount, and anticipated funding source for each utility <br />A listing of all anticipated capital expenditures for the planning <br />period 2012 through the 2017 (or lesser timer period if 2012 to <br />2017 is not available) indicating item to be purchased, amount, <br />and anticipated funding source for each utility <br />Copy of your current depreciation schedule and depreciable life <br />use for various assets <br />Copies of any current policies related to capital expenditures <br />and /or funding for them including special assessments <br />s Copies of any current policies related to fund balances and /or <br />cash balances <br />r Copies of existing debt schedules for any outstanding debt, <br />ie. bonds, equipment certificates, lease - purchase agreements <br />r Copies of any existing debt service coverage requirements <br />for both senior and subordinate debt outstanding for each <br />utility, if applicable <br />v Information about utility sales in terms of volumes and fee <br />revenue for each of your customer classes <br />Information related to the anticipated growth in both residential <br />and commercial /industrial utility sales during the planning period <br />v Copies of any engineering studies, cost of services studies and <br />other relevant studies related to each utility and this study <br />City of Pequot Lakes, Minnesota. Proposal to Provide a Utility Rate Analysis — Water and Sewer <br />
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