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City of Onawa, lA - Water Rate Study <br />November23, 2010 <br />Page 3 <br />Average Monthly Residential Water Bills <br />Jan., <br />Current 2011 <br />FY2012 <br />FY2013 <br />FY2014 <br />FY2015 <br />Volume Charges` (per 40.16 46.18 <br />53.57 <br />62.15 <br />72.09 <br />75.69 <br />1,000 Gallons) <br />$ Change $6.02 <br />$7.39 <br />$8.57 <br />$9.94 <br />$3.60 <br />% Change 15% <br />16% <br />16% <br />16% <br />5% <br />*Meter Charges are assumed to be min/mum bill amounts. <br />A resident using 10, 000 gallons of water/month would <br />exceed this minimum and therefore only be charged based on volume. <br />FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 <br />Volume Charges` (per 75.69 75.69 75.69 75.69 86.04 86.04 <br />1,000 Gallons) <br />$ Change $0 $0 $0 $0 $10.35 $0 <br />% Change 0% 0% 0% 0% 13.7% 0% IF <br />*Meter Charges are assumed to be minimum bill amounts. A resident using 10,000 gallons of water /month would <br />exceed this minimum and therefore only be charged based on volume. IS <br />A comparison of current water bills for an average residential user in the City of Onawa compared to various <br />surrounding communities is shown in Attachment B. <br />The detailed financial projections for the Water Utility are shown on the following pages. <br />IF <br />Public Sector Advisors IF <br />