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AGENDA ITEM #7 <br /> REPORT TO <br /> CITY COUNCIL <br /> Date: April 17, 2007 <br /> Subiect: Water/Wastewater Rate Study <br /> Report: Please bring your studies from the April 3" <br /> Council meeting. <br /> As you recall, the City has received proposals from the <br /> following companies to provide a water/sewer rate study <br /> for the City: <br /> • Carl Brown Consulting <br /> • WSN <br /> • Ehlers and Associates, Inc. <br /> • Advanced Engineering and Environmental Services <br /> The Auditor will be discussing another aspect of the rate <br /> study that we had not previously realized. This relates to <br /> the depreciation schedule of the water/sewer department <br /> capital assets. The Auditor feels that the capital assets show <br /> an aggressive depreciation schedule and has indicated that <br /> changing this depreciation could have a large impact on the <br /> rate study. <br />