Title
Approval of an Ordinance Adopting the 2021 Utility Rates and General Facilities Charges
Recommended Action
Committee Recommendation:
The proposed rates and charges reflect recommendations from the City Council, Finance Committee and the Utility Advisory Committee. City Council held a public hearing on November 17, 2020. The review considered recommendations forwarded to Council by the Utility Advisory Committee.
City Manager Recommendation:
Move to approve the ordinance adopting the 2021 utility rates and general facilities charges on second reading.
Report
Issue:
Whether to approve an ordinance adopting the 2021 utility rates and general facility charges (GFC). Also included in the ordinance are increases to LOTT Clean Water Alliance rates and capacity development charges are also included in the ordinance.
Staff Contacts:
Gary Franks, Waste ReSources Director, Public Works Department, 360.753.8780
Eric Christensen, Water Resources Director, Public Works Department, 360.570.3741
Presenter(s):
None - Consent Calendar Item
Background and Analysis:
Background and analysis has not changed from first to second reading.
City of Olympia provides vital utility services to our community. For 2021, staff is proposing rate increases (rounded) as follows:
* Drinking Water 0.0%
* Storm and Surface Water 7.5%
* Wastewater 0.0%
* Waste ReSources 0.0%
* LOTT 3.0%
* Combined 1.73% or $4.64 bi-monthly/single family account
Key financial drivers for the proposed 2021 rate increase include:
* Loss of Storm and Surface Water revenues from roadway fees.
* Increased Storm and Surface Water funding allocation for the street sweeping program.
* Increase Storm and Surface Water capital improvement program funding.
* Use of cash reserves to buy down Wastewater rates.
Utility-related GFCs are not proposed to change from the 2020 amounts.
LOTT Clean Water Alliance Rate
Lacey, Olympia, Tumwater, Thurston County (LOTT) Clean Water Alliance Board of Directors...
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