Legislation Details

File #: HIST-19933    Version: 1 Subject:
Type: Historical Status: Action Item
In control: City Council Meeting Agenda
On agenda: 7/2/2012 Final action: 7/2/2012
Title: (1) Receipt and Filing a Presentation on the Engineer’s Report, and (2) Adoption of a Resolution Approving the Engineer’s Report, Declaring the Intention to Order the Annual Sewer User Service Charge, and Setting the Date, Time, and Place for the Public Hearing to be Monday, July 23, 2012 at 7:00 PM in the City Council Chambers for the Sewer User’s Service Charge.
Attachments: 1. (1) Receipt and Filing a Presentation on the Engin - A-1__12-07-02__PW-Eng__CITY COUNCIL__NOI_Sewer User Service Charge - FINAL.pdf, 2. (1) Receipt and Filing a Presentation on the Engin - A-1__12-07-02_ATT_NOI_Sewer User Service Charge - FINAL.pdf
City of Culver City, California Agenda Item Report RECOMMENDATION: That the City Council: 1. Receive and File a Presentation on the Engineer’s Report; and 2. Adopt a Resolution approving the Engineer’s Report for the Sewer User’s Service Charge for Fiscal Year 2012/2013; declaring its Intention to levy and collect the Sewer User’s Service Charges for Fiscal Year 2012/2013; and setting a public hearing for July 23, 2012, at 7:00 p.m. in the Mike Balkman Council Chambers. BACKGROUND: Culver City obtains sewage treatment services at the City of Los Angeles' Hyperion Treatment Plant through an Amalgamated Agreement with the City of Los Angeles. (Agreement). The Agreement requires Culver City to pay a proportionate share of the costs of conveyance, operation, maintenance, repair and capital improvements to upgrade and improve the Amalgamated Sewerage system. Culver City owns and operates a separate sewage collection system, which is connected to the Amalgamated system. Federal law requires that all agencies using the City of Los Angeles' Hyperion Treatment Plant adopt a system of charges to assure that each property served by a public sewer pays its fair share of costs for the operation, maintenance, repair and Meeting Date: 07/02/2012 Item Number: A-1 CITY COUNCIL AGENDA ITEM: (1) Receipt and Filing a Presentation on the Engineer’s Report, and (2) Adoption of a Resolution Approving the Engineer’s Report, Declaring the Intention to Order the Annual Sewer User Service Charge, and Setting the Date, Time, and Place for the Public Hearing to be Monday, July 23, 2012 at 7:00 PM in the City Council Chambers for the Sewer User’s Service Charge Contact Person/Dept.: Mate Gaspar/PW Phone Number: 310-253-5602 Fiscal Impact: Yes [] No [X] General Fund: Yes [] No [X] Public Hearing: [] Action Item: [] Attachments: [X] Commission Action Required: Yes [] No [X] Date: _______________ Public Notification: (E-Mail) Agenda and Meetings – City Council (06/28/2012); Department Approval: Charles D. Herbertson (06/21/12) City Attorney Approval: Carol Schwab (by H. Baker) (06/26/12) Chief Financial Officer Approval: Jeff Muir (06/26/12) City Manager Approval: John M. Nachbar (06/27/12) City of Culver City, California Agenda Item Report improvement of the Hyperion Treatment Plant. The “fair share” of each property is based on its contribution to the system in terms of flow quantity and sewage strength (biochemical oxygen demand and suspended solids). This is in addition to the cost experienced by Culver City in the collection, operation, and improvement of our own sewage collection and conveyance system. In addition to formulating and adopting a system of Sewer User’s Service Charges, the City must also select a system for collecting these charges. In 1980, based on an engineering study and the City Engineer’s recommendation, the City Council initiated a once-a-year billing procedure for Sewer User’s Service Charges that places each property owner’s charges on their property tax bill. This method of collection has proven to be very efficient and provides the lowest cost billing and collection service for Culver City. DISCUSSION: Pursuant to a Resolution adopted by the City Council on Monday, May 14, 2012, the Public Works Director/City Engineer has prepared the Engineer’s Report for the Sewer User’s Service Charge and filed said Report with the City Clerk. A copy of the Engineer’s Report is attached to this report for consideration, and recommended approval, by the City Council. On May 7, 2012, the City Council approved a professional services agreement with NBS Government Finance Group dba NBS for an update to the sewer user’s service charges (SUSC). The scope of work is for NBS to conduct an in-depth review of the existing SUSC and determine if they are fair and equitable to each customer class in light of the cost passed on to the City of Los Angeles to treat the wastewater and the City’s costs for collection and conveyance of the sewage in its own system. NBS has completed the analysis and made the following findings: 1. The City’s current sewer rates need to be adjusted to collect more revenue from single family customers and less from other customer classes, particularly commercial/restaurant customers. 2. The City should collect approximately 60% of rate revenue from base charges and 40% from its commodity charges based on the classification of current expenses as either fixed or variable. Currently the City collects 90% of rate revenue from commodity charges. Base charges are personnel costs (including cost for maintenance of the City’s sewage collection system), office expense and most of the administrative charges, and consultant support costs. These costs do not vary directly with the quantity of sewage produced. Commodity charges cover what the City pays to the City of Los Angeles for wastewater treatment-related costs, utilities at the pump stations, and 25% of administrative charges and City of Culver City, California Agenda Item Report consultant support. These charges are more directly tied to the quantity of sewage produced. 3. Existing landscape irrigation credits for residential customers are reasonable. In addition, NBS prepared a 5-year financial plan/revenue requirements for the sewer enterprise fund. These requirements are based on several factors such as NBS’ recommended targets for operating, capital and debt reserve balances and the City’s projected capital improvement program. The attached Engineer’s Report contains a detailed explanation of the rate analysis and 5 year financial plan. NBS will also conduct a presentation of the Study this evening. The Study is also attached to this report. Based on the recommendation contained in NBS’ study and the Engineer’s Report, Staff anticipates recommending rate reductions for the following customer classes at the Public Hearing on July 23, 2012: Code Customer Class Proposed percentage reduction 102 Multi-Family 200 Commercial/Business: 300 Commercial/Restaurants: 400 Institutional: 600 Special Users -1% reduction -2% reduction -13% reduction -4% reduction -8% reduction Staff is not recommending any rate increases since any proposed rate increase requires a 45-day public notice under Proposition 218, and there would not be enough time to submit the sewer charges to the County Assessor’s Office in August 2012. The Study recommended an 11% rate increase for single family residences. Rate increases of 4% are proposed across all customer classes beginning in Fiscal Year 2013/2014 and continuing through Fiscal Year 2015/2016. In addition, base charges will be proposed to be adjusted in Fiscal Year 2013/2014 to achieve the recommended 60%/40% revenue split. This is explained in detail in the Study and Engineer’s Report. City of Culver City, California Agenda Item Report This evening, the City Council is asked to adopt a resolution (1) approving the Engineer’s Report, (2) declaring the City Council’s intention to levy and collect assessments for the upcoming fiscal year; and (3) setting the time and place for the public hearing as required by Culver City Municipal Code (CCMC) Section 5.02.035. Should the City Council adopt the proposed resolution, pursuant to 5.02.040 of the CCMC, the City Clerk shall give notice of the public hearing by causing the Resolution of Intention to be published at least 10 days prior to the date of the hearing. The public hearing is scheduled for July 23, 2012. FISCAL ANALYSIS: As detailed in the Engineer’s Report, the proposed charges for Fiscal Year 2012/2013 will address estimated costs for providing complete operation, maintenance, and local capital improvements for the Culver City sewerage system and for the estimated payments due to the City of Los Angeles for Culver City's share of the Los Angeles Amalgamated System costs. ATTACHMENTS: 1. Proposed Resolution 2. Engineer’s Report 3. NBS Sewer Rate Study MOTION: That the City Council: (1) Receive and File a Presentation on the Engineer’s Report; and, (2) Adopt a Resolution (1) approving the Engineer’s Report, (2) declaring the City Council’s intention to levy and collect assessments for the Sewer User’s Service Charge - Fiscal Year 2012/2013, and (3) setting the time, date, and place for a Public Hearing for July 23, 2012, at 7:00 p.m. in the Mike Balkman Council Chambers. MEETING DATE: 07/02/12 AGENDA ITEM: Adoption of a Resolution Approving the Engineer's Report, Declaring the Intention to Order the Annual Sewer User Service Charge, and Setting the Date, Tirne and Place for the Public Hearing to be Monday, July 23, 2012 at 7:00 PM in the City Council Chambers for the Sewer User's Service Charge ATTACHMENTS Pages 1 Proposed Resolution I -3 2 Engineer's Report 4-9 3 NBS Sewer Rate Study 10-36 6 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 4 I RESOLUTION NO. 2012-R 2 3 5 WHEREAS, pursuant to the provisions of Culver City Municipal Code ("CCMC'') §5.02.035.A, the City Council previously established a system of sewer user's service charges providing that each parcel of property shalt pay its proportionate share of the costs for operation, maintenance, repair and improvements of the City sewerage system (the "Sewer User's Service Charges"); and WHEREAS, the City Council desires to declare its intention to provide for the levy and collection of annual assessments for Fiscal Year 2012-2013, to provide for the costs and expenses necessary for the operation, maintenance, repair and improvements of the City sewerage system; and WHEREAS, the Engineer's Report has been prepared and filed with the City Clerk and submitted to the City Council in accordance with CCMC §5.02.0353; and WHEREAS, the City Council has carefully examined and reviewed the Engineer's Report as presented and is preliminary satisfied with the proposed report, each and all of the budget items and documents as set forth therein and is satisfied that the levy amounts, on a preliminary basis, have been allocated so that each parcel of property shall pay its proportionate share of the costs for operation, maintenance, repair and improvements of the City sewerage system as set forth in the Engineers Report. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CULVER CITY, CALIFORNIA, APPROVING THE ASSESSMENT ENGINEER'S REPORT, DECLARING ITS INTENTION TO ORDER THE ANNUAL LEVY AND COLLECTION OF ASSESSMENTS FOR THE SEWER USER'S SERVICE CHARGES AND SETTING A TIME AND PLACE FOR A PUBLIC HEARING THEREON. 27 28 1 I NOW, THEREFORE the City Council of the City of Culver City, DOES 2 HEREBY RESOLVE as follows: 3 1. The Engineer's Report as presented, consisting of the following: a 4 description of the operation, maintenance, repair and improvements of the City sewerage 5 system, the estimated costs of operation, maintenance, repair and improvements, and the 6 formulas used to determine the sewer user service charges for the parcels, is hereby 7 approved on a preliminary basis and is on file in the Office of the City Clerk open for public 9 inspection. 10 2. It is the intention of the City Council to levy and collect assessments 11 for the Sewer User's Service Charges to pay the annual costs and expenses for the costs 12 for operation, maintenance, repair and improvements of the City sewerage system for the 13 fiscal year commencing July 1 7 2012 and ending June 30, 2013. The operation, 14 15 maintenance, repair and improvements are generally described as: 90 miles of sewer 16 pipelines, seven sewer pump stations, and sewage transmission and treatment costs 17 payable to the City of Los Angeles per the executed Amalgamated Agreement with City of 18 Los Angeles. Costs include all necessary service, operations, administration and 19 maintenance required to keep the City's sewerage system in a healthy, vigorous and 20 satisfactory condition. 21 22 3. The Engineer's Report, as preliminarily approved by the City Council, 23 is on file with the City Clerk and open for public inspection. Reference is made to the 24 Engineers Report for a full detailed description of the operation, maintenance, repair and 25 improvements to be maintained, and the proposed assessments upon assessable lots and 26 parcels of land within the City. 27 28 -2- CAROL A. SCHWAB, City Attorney 4. The maximum assessment is not proposed to increase from the previous year above that previously approved by the City Council (as "increased assessment' is defined in California Government Code §54954.6). 5, Notice is hereby given that a public hearing is scheduled to be held at the Mike Balkman Council Chambers, 9770 Culver Boulevard, Culver City, California, on 6 July 23, 2012 at 7:00pm or as soon thereafter as the mailer may be heard. All interested 7 8 persons, prior to the conclusion of the hearing, shall be afforded the opportunity to hear 9 and be heard. The City Council shall consider all oral statements or written communication 10 made or filed by any interested person. 11 6. The City Clerk is hereby directed to give notice of the public hearing by 12 causing the resolution of intention, or summary thereof, to be published at least ten days 13 prior to the date set for public hearing, as provided in CC/VIC §5.02.040. 14 15 16 17 18 19 ANDREW WEISSMAN , Mayor City of Culver City, California 20 21 ATTEST: 22 23 MARTIN R. COLE, City Clerk 24 25 26 27 28 I 2 3 4 5 Al2-00515 APPROVED AND ADOPTED this day of 2012. -3- PlEISIJC. WORKS. DEPARTM1 - 9770 CULVER BOULEVARD, 2ND FLOOR CULVER CITY, CALIFORNIA 90232-0507 CHARLES D. HERBERTSON Phone (310) 253-5600 Public Works Director/City Engineer FAX (310) 253-5626 ENGINEER'S REPORT ON THE ANNUAL LEVY 2012-2013 SEWER USER'S SERVICE CHARGE IN THE CITY OF CULVER CITY UNDER THE PROVISIONS OF CHAPTER 5.02 OF THE CODE OF THE CITY OF CULVER CITY, CALIFORNIA FILED with the City Clerk on June 28, 2012 PRESENTED to the City Council and APPROVED by Resolution No. 2012-R , adopted by said City Council on July 2, 2012 and thereafter filed in the Office of the City Clerk Martin Cole City Clerk City of Culver City TO: The Honorable Mayor and Members of the City Council FROM: Charles D. Herbertson, Public Works Director and City Engineer CITY ENGINEER'S REPORT FOR SEWER USER'S SERVICE CHARGES FOR FISCAL YEAR 2012-13 Charles D. Herbertson RCE 46658 Public Works Director and City Engineer 1.0 Introduction A major challenge confronting those responsible for wastewater infrastructure, transportation, treatment and disposal is acquiring adequate funds to finance and operate facilities and capital equipment, along with implementing appropriate pricing structures to ensure the self-sufficiency of the utility. The financing vehicle that is used by the utility and the timing of the financing are crucial in ensuring that wastewater customers are appropriately paying for facilities and services that they need, and not inappropriately financing facilities for future customers. It is a major goal of an effective financial plan to 'match' the economic impact on customers with the benefits received from the service. Regulations governing Federal and State grant funds require the City of Los Angeles to maintain a Cost Recovery Program (Sewer User Charges System) which includes all operations and maintenance costs directly or indirectly related to the treatment and collection of liquid waste discharge by residents and businesses. As a result of Culver City's contractual relationship with the City of Los Angeles for wastewater treatment at the Hyperion Treatment Facility (Hyperion), Culver City (City) is also required to recover from each wastewater user their proportionate share of the costs incurred for wastewater collection capital improvements within Culver City, wastewater system operation and maintenance, City of Los Angeles capital improvements for conveyance to Hyperion and operation and maintenance at Hyperion. Accordingly, Culver City adopted a plan to collect wastewater user charges and implemented it for the first time in fiscal year 1980-81. The City recovers wastewater user charges on an annual basis. Since the plan's inception, the County Auditor-Controller's offices, and the annual property tax bill, have been utilized as the vehicle for both billing and collection. This method has proven to be both functionally satisfactory and exceptionally economical. In Fiscal Year 2003-2004 the City Council approved an update to the Sewer User's Service Charges (SUSC) structures and billing formulas. 2.0 Discussion As it has been 9 years since the last update and due to several concerns expressed by certain property owners regarding the existing sewer formulas, the City Council approved staffs recommendation to enter into a contract with NBS to conduct a rate study of the current SUSC. The study has been completed and includes recommendations that will improve and best meet the City's goal of fairly and equitably collecting the annual sewer revenue requirements. The first part of the Study contains a proposed five-year financial plan for the sewer enterprise funds in order to meet recommended operating, capital, and debt reserve balances and to adequately fund the City's proposed capital improvement program. The current unreserved cash balance is $17.2 million, although most of this will be spent on capital improvement projects over the next four years. The new targets for reserve balances recommended by NBS are as follows: 1. Operating Reserve — 25% or 90 days of operating and maintenance expenses. 2. Capital Rehabilitation and Replacement Reserve — 3% of system net assets. The net assets is based on the 2010/11 CAFR, plus capital asset additions and annual depreciation adjustments, it is estimated that the City's Net Asset value of the sewer system is approximately $41.6 million. 3. Debt Reserve the maximum annual debt service payment, as specified by the bond covenants. These recommended targets for reserve balances equate to approximately $4.5 million. The capital improvement program is proposed to total $13.8 million in the five-year financial plan. This information was provided to NBS from City staff. Staff also provided NBS the projected charges by the City of Los Angeles, Culver City personnel costs, and administration and consultants expenses. Based on the aforementioned recommended targets for reserve balances, proposed capital improvement program, and other expenses, the Study recommends 4% rate increases in each of the next three years, (Fiscal Years 2013/14 through 2015116). At the end of the 5-year plan, the unreserved cash balance is projected to be approximately $4.5 million which matches the recommended reserve balance The second part of the Study was a cost-of-service analysis. The purpose of this analysis is to equitably allocate the sewer costs to each customer class. The process includes two steps, first classifying the four types of costs (volume, BOD, SS, and number of accounts) and then allocating them based on specific factors for each type of cost. The Study contains several Exhibits that show how this is calculated. The results of this exercise show that the revenue requirements change in each of the customer classes. For example an additional 11c/0 of the revenue should come from single family customers. It also shows a reduction of 13% of the revenue from the commercial/restaurants customer class. The following table summarizes the cost-of-service analysis revenue requirements from each customer class for Fiscal Year 2012-2013: Customer Class Code Commodity Charge 101 Single-Family 102 Multi-Family 200 Commercial/Business: 300 Commercial/Restaurants: 400 Institutional: 600 Special Users +11% increase -1% reduction -2% reduction -13% reduction -4% reduction -8% reduction The third part of the study was a rate design analysis, which evaluated how the revenue requirements should be collected from base charges vs. commodity rates. This part of the study looked at all the sewer enterprise fund expenses and determined which ones are fixed costs (base charges) and variable costs (i.e. commodity charges). Base charges should be used to recover costs such as personnel costs, capital improvement costs, office expenses, and most of the administrative costs and consultant charges. Commodity charges should be used to recover what the City pays to the City of Los Angeles for wastewater treatment-related costs, utilities at the seven sewer pump stations, and some of administrative and consultant charges. The study determined that approximately 60% of the sewer utility costs are fixed and 40% are variable. Therefore, fixed charges (base charges) should collect 60% of the sewer rate revenue, and commodity charges should collect 40%. This proposed change will improve the stability of the revenue amount because if overall water consumption is lower than the previous year, only the revenue collected from the commodity charge would be lower. Water consumption has been significantly lower these past several years due to a combination of factors such as water conservation and economic slowdown as shown in the following table: 2006 calendar year 2,435,491 HCF consumption and not irrigation $8,683,340 sewer revenue 2007 2,451,378 HCF $8,668,401 2008 2,284,560 HCF $8,104,502 2009 2,285,866 HCF $8,107,837 2010 2,062,720 HCF $7,544,661 As a result, with no changes to the rates since 2007, sewer revenue has decreased by over $1 million. At the time of the writing of this report, Staff received the water consumption data for 2011. A preliminary review indicates that the water consumption is nearly the same as it was in 2010. It is important to note that while conducting the study, NBS relied on the 2010 water consumption numbers and revenue numbers. 3.0 Recommendation Staff recommends that: 1.) Only rate reductions be approved for the 2012-13 tax rolls. Customer Class Code Commodity Charge 102 Multi-Family 200 Commercial/Business: 300 Commercial/Restaurants: 400 Institutional: 600 Special Users -1% reduction -2% reduction -13% reduction -4% reduction -8% reduction It is too late now to recommend an 11% increase to the single family residence rates because the City is required to meet the Proposition 218 requirements of a minimum 45 day notice of the Public Hearing and submit the sewer charges to the County Assessor's office by their August 10 deadline. Staff proposes that the 11% increase be gradually implemented over a three-year period, beginning in 2013-14. This is in addition to the 4% rate increases for all customer classes beginning next year (2013- 14). 2.) Residential customers can request alternative credits for landscape irrigation in two ways: I) by installing a separate water meter for landscaping which will not be assessed sewer charges on the tax bill, or ii) prove by submitting calculations and evidence that the percentage reduction in the tabled formula is not adequate. 3.) Continue to use Los Angeles Auditor-Controller property tax roll for SUSC billing purposes for FY 2012-2013 as it eliminates costly billing systems, additional staff, and minimizes bad debt. Proposed SUSC Rates for 2012-2013 Customer Class Code Base Charge Commodity Charge 102 Multi-Family $ 41.80 + (W x $3.80) 101 Single Family $ 42.32 + (0.58W x $3.85) 200 Commercial/Business: $ 41.37 + (W x $3.76) 300 Commercial/Restaurants: $ 36.89 + (VV x $6.65) 400 Institutional: $ 40.50 + (W x $3.59) 500 School/Public: $ 42.32 + (W x $3.26) 600 Special Users 601 $ 39.11 + (W x $3.79) 602 $ 39.11 + (W x $4.94) 603 $ 39.11 + (W x $4.94) 604 $ 39.11 + (W x $3.47) 605 $ 39.11 + (W x $2.97) 606 $ 39.11 + (W x $4.94) 607 $ 39.03 + (W x $4.55) 609 $ 39.10 + (VV x $3.56) 610 $ 39.11 + (\/11 x $0.71) 612 $ 39.12 + (VV x $0.36) 613 $ 39.11 + (W x $0.36) 614 $ 39.09 + (W x $0.36) 615 $ 39.12 + (W x $3.02) W=Annual Water Consumption in HCF Unit is a resident dwelling unit. NBS , helping oornmonEties fund tomorrow 870 Market Street, Suite 1223 San Francisco, CA 94102 Toll free: 800.434,8349 nbsgov.com TRANSMITTAL TO: MATE GASPAR, ENGINEERING SERVICE MANAGER CULVER CITY FROM: KIM BOEHLER, CONSULTANT GREG CLUMPNER, DIRECTOR NBS NBS SUBJECT: SEWER RATE STUDY FINDINGS, RECOMMENDATIONS AND PROPOSED RATES DATE: JUNE 26, 2012 PURPOSE The purpose of this transmittal is to summarize the findings of the Sewer Rate Study that NBS performed for Culver City's Sewer Utility (City or Utility). NBS' findings focus on equitably allocating Utility costs to each customer class and adjusting base charges and commodity rates in a manner that meets Proposition 218 requirements and is fiscally sustainable. Projected revenue requirements and rate adjustments cover the next four years (2012-13 through 2015-16). Recommended rate adjustments for 2012-13 retain the City's current rate design, while rates after 2012-13 incorporate cost-of-service adjustments, including collecting 60% of rate revenue from base charges and 40% from commodity charges. These changes are explained in more detail below. Two appendices are included in this transmittal: • Appendix A: Selected Tables for the Financial Plan and Revenue Requirement Analysis • Appendix B: Selected Tables for the Cost-of-Service and Rate Design Analysis OVERVIEW A comprehensive sewer rate study typically includes the three key components shown in Exhibit 1, which are based on industry standards such as the American Water Works Association (AVUWA) and Water Environment Federation (WEF) cost of service methodologies. The cost-of-service component in particular addresses the general requirements of equity and fairness embodied in Proposition 218. In terms of the chronology, these three steps represent the order they were performed in this study. Sewer Rate Study — City of Culver City Prepared by NBS — June 26,2012 Page 1 10 Exhibit 1. Primary Components of a Rate Study 1. Financial Plan/Revenue Requirements Step 1: Financial Plan/ Revenue Requirements - Compares current sources of funds (revenues) to uses of funds (expenses) and determines the revenue needed from rates. 2. Cost-of- Service Analysis Step 2: Cost-of-Service Analysis - Allocates the revenue requirements to the various customer classes in a "fair and equitable manner that complies with Prop 218. 3. Rate Design Step 3: Rate Design - Considers what rate structure alternatives will best meet the City's need to collect the annual revenue requirements from each customer class. As a result of this rate study, changes in the total amount of rate revenue collected from each customer class, as well as changes to base charges and commodity rates, are recommended. The following are the key findings, followed by a summary of each of the three parts of this rate analysis. KEY RATE STUDY FINDINGS The following are NBS' key findings based on our analysis of the City's sewer revenue requirements, cost of service, and rate design issues. More details are provided in the following sections. • Revenue Requirements by Customer Class — Based on the results of the cost-of-service analysis, the City's current sewer rates need to be adjusted to collect more revenue from single- family residential customers and less from other customer classes, particularly commercial/ restaurant customers. However, this additional revenue that should be collected from the single- family residential customers will be "phased-in" over a period of three years. • Changes in Rate Design — The City currently collects approximately 90% of its rate revenue from commodity (consumption-based) charges and only 10% from base charges. Based on a classification of current expenses as either fixed or variable, the City should collect closer to 60% of rate revenue from base charges and 40% from its commodity charges. • Landscape/Irrigation Factors for Residential Customers — The City's most current water consumption data (for 2010) indicates that total water consumption per dwelling unit is approximately 10 hcf/month for single-family customers compared to 5.6 hcf/month for multi- family customers. City of Los Angeles data' indicates that 58% of single-family water usage is returned to the sanitary sewer collection system as effluent, compared to 85% for multi-family customers. In light of the lack of recent, actual flow-return data for these two customer classes, these assumptions are not unreasonable; due to landscape irrigation, single-family customers typically return a lower percentage of water consumption to the sewer system. From the City's 2003-04 Engineer's report, Table 2 - Summary of Users. Sewer Rate Study — City of Culver City Page 2 Prepared by NBS — June 26, 2012 $ 8,423,082 $ 8,115,222 5 M.5004 916,584 916,584 0014 AUP: 4.00% 0.00% 12.49% 12.49% 125A 293,626 ' 'rjKatikg 198,998 5 If FINANCIAL PLAN AND REVENUE REQUIREMENTS ANALYSIS Projected Revenue Requirements and Rate Increases — NBS prepared a detailed five-year financial plan. The results of this plan indicate that the Utility is able to meet all obligations in Fiscal Year 2012/13 without rate increases, but will need a four percent rate increase in each of the next three years (2013/14 through 2015116). Exhibit 2. Summary of Five-Year Revenue Requirements and Rate Increases Summary of Sources and Uses of Funds and Net Revenue Requirements Budget Projected FY 2012/13 PY 2013/14 FY 2014115 FY 2015/16 FY 2016117 Sources of Sewer Funds Rate Revenue Under Prevailing Rates Industrial Waste Inspection Fees Interest Earnings Total Sources of Funds $ 7,340,661 70,000 202,000 $ 7,612,661 $ 7,340,661 70,000 150,000 $ 7,560,661 $ 7,340,661 70,000 150.000 $ 7,560,661 $ 7,340,661 70,000 150,000 $ 7,560,661 $ 7,340,661 70,000 150,000 $ 7,560,661 $ 5,858,475 $ 6,210,405 $ 6,096,069 $ 6,332,396 $ 6,509,572 1,606,800 1,605,200 1,603,000 1,608,300 1,605,650 482.386 Uses of Sewer Funds Operating Expenses Debt Service Rate-Funded Capital Expenses Total Use of Funds S46). 1.4 " rib:Wie Addilional Revenue from Rate Increases $ s.0032 895.,222 ' 7,465,275 $ 7,815,605 $ 7.699,069 Projected Annual Rate Increase 0.00% 4.00% 4.00% Cumulative Rate Increases 0.00% 4.009, 6. 1Er ' .04t0 -09.4,1Re IPP:10.41 7y193, 275 S 7,5000 - 7,47$,P,69 1. Total Use of Funds less Industrial Water Inspection Fees and Interest Earnings. This is the annual amount needed from sewer rates. However, the proposed rates in this rate study have been set to recover the revenue currently collected from customers (i.e., $7,544,660 less $204,000 for the reduction in estimated revenue for FY 2012-13, per the Cost of Service Analysis results. Capital Improvement Projects and Costs — The Utility has an adopted Capital Improvement Program (CIP) that has identified capital projects totaling $13.8 million, which are planned in 2012/13 through 2015/16. These projects will be funded from a combination of cash reserves set aside for rehabilitation and replacement, and rate revenue. Exhibit 3. Adopted Capital Improvement Program Fiscal Years 2012/13 through 2015/16 Project Description FY 2012/13 FY 2013114 FY 2014/15 FY 2015/16 $ 26,472 $ Sewer Main Rehabilitation Project $ 3,000,000 Sewer Main Point Repair, Manhole Rehabilitation, and Sewer Video $ 100,000 Sewer Pump Stations Improvement P-521 $ 100,000 Jasmine Second Force Main Project $ 100,000 Overland pipeline diversion (Construction) $ 500,000 Hayden second force main Project $ 100,000 2nd force main Braddock connection to Los Angeles $ 150,000 New Pump Station Selmaraine New pipelines to divert Mesmer New siphon at sewer convergences at Culver/Madison Upsize Duquesne Sewer Pipe to 21 inch from Lucerne to Jefferson Financial System Replacement/Enhancements $ $ 100,000 $ 100,000 $ 200,000 $ 100,000 $ 3,000,000 $ $ 3,000,000 $ 100,000 $ 100,000 $ 3,000,000 Total: Project tosts - ablo;,#t abwocio *290.409 $_ 3,20030' Sewer Rate Study — City of Culver City Page 3 Prepared by NBS — June 26, 2012 MEM Ending Cash Balance, All Reserves -Recommended Tanget Reserve Balance • Cash Management and Target Reserve Fund Balances — The Utility will begin Fiscal Year 2012/13 with a total cash balance of $17.2 million. Exhibits 4 and 5 summarize the cash balances by reserve fund and show the recommended target reserves. Due to the costs of the planned capital improvement projects, the Utility will need to draw down the Capital Rehab & Replacement Reserve over the next five years. Exhibit 4. Ending Cash Balance Compared to Recommended Reserve Target Beginning: Reserve Rind. Balance's and Budget Projected Recommended Reserve Targets FY 2012/13 FY 2013/14 FY204/15. FY 2015116 FY 2016117 Operating Reserve Beginning Balance $ 1,479,650 $ 1,465,000 $ 1,503,683 $ 1,524,000 $ 1,578,163 Recommended Minimum Target 1,465,000 1,553,000 1,524,000 1,583,000 1,627,000 Capital Rehab & Replacement Reserve Beginning Balance • $ 14,101,776 $ 10,187,340 $ 6,887,340 $ 4,127,614 $ 1,410,000 Recommended Minimum Target 1,250,000 1,310,000 1,360,000 1,410,000 1,370,000 Debt Reserve Beginning Balance $ 1,608,838 $ 1,808,838 $ 1,608,838 $ 1,608,838 $ 1,608,838 Recommended Minimum Target 1,608,838 1,608838 1,608,838 1,609,838 1,608,838 1 otax*dOl'illit'9 fkiNi14 $ 1746:2r64,1 $- n,41 'Ai's.' ,$, , ,4,9R,aol lj'7, ;:' - 66.,-461 : $ 4197;0040: totOj'IP6c.oinfr*dOC ,,, m-igi ,-'' -g $ 4,,,,33.,$38 -- , c4,471,836 'S ' 4492th 3§' r '$ - 4.601 re38 $ 4,406,:tOki Exhibit 5. Ending Cash Balance Compared to Recommended Reserve Target $14,000,000 $12,000,000 $10,000,000 $13,000,000 $8 0,000,000 $4,000,000 $2,000,000 NBS' recommended targets for year reserve balances are as follows: • Operating Reserve - 25% or 90 days of operating and maintenance expenses. • Capital Rehabilitation and Replacement Reserve - 3% of system net assets2 . • Debt Reserve - the maximum annual debt service payment, as specified by the bond covenants. 2 Based on the 2010111 CAFR, plus capital asset additions and annual depreciation adjustments, NBS has used a Net Asset Value of $41.6 million. Sewer Rate Study City of Culver City Page 4 Prepared by NBS June 26, 2012 (SOD) 137. COS Rev, Req't (TSS) 12% $3,319 I $258,430 $04035 . $84,956 I $71,316 0;176;031n $1,:1 3.080, I COST-OF-SERVICE ANALYSIS The purpose of the cost-of-service analysis is to equitably allocate the sewer utility costs, or the net revenue required from sewer rates, to each customer class. This process includes two primary steps: 1. Classifying various expenditures to one of four types of costs: a. Volumetric-related costs b. Strength-related costs, including: • Biochemical Oxygen Demand, or BOD • Total Suspended Solids, or TSS c. Customer-related costs 2. Allocating costs to customer classes based on specific allocation factors for each of the four cost types: a. Volumetric-related costs, are allocated using the percentage of total effluent (or water consumption as adjusted for landscaping uses) from each customer class. b. BOD-related costs are allocated based on estimated total pounds of BUD generated per year by each customer class, and reflects the assumed concentrations of BOD for residential, restaurants, commercial offices, etc. c. TSS-related costs are allocated based on estimated total pounds of TSS generated per year by each customer class, which reflects the concentrations of TSS for residential, restaurants, commercial offices, etc. d. Customer-related costs are allocated based on the number of accounts in each customer class. This analysis produced the results shown in Exhibit 6 below, along with a summary of the sewer rate revenue currently collected from each customer class compared to the revenue requirements based on the cost-of-service. As shown in this table, an additional 11% of the revenue should come from single- family customers, while the restaurants and hotels should have reductions in rate revenue of 13% and 8%, respectively. Exhibit 6. Revenue Requirements by Customer Class from COS Analysis Cost-of-Service: Summary of Allocation of Revenue Requirements costa Service Alloca1Cd C9sts - 2012 Net Revenue Requirement by Class % of COS Rev, Reg, g Present Rates Percent Difference 284% 38.2% 19.1% 8.4% 2.3% 0.1% 5.5% 101 Single-Family 102 Multi-Family 200 CommerciallBusiness 300 Commercial/Restaurants 400 Institutional 500 Schools/Public 600 Commercial/Hotels $544,013 $587,925 $102,998 $15,649 $5,406 $1,043 $962013 $1,522,095 $888,087 $225,777 $113,140 $7,444 $246,676 $390,290 $227,720 $188,523 $37,194 $1,273 $239,608 $379,107 $221,195 $202,890 $16,011 $1,053 $1,992,310 $2,879,417 $1,440,000 $632,840 $171,751 $10,814 $418,020 $7. 4: 5 .10 1 $1,788,571 $2,915,211 $1,472,993 $725,973 $179,491 $10,594 $452,318 % We note that Exhibit 6 indicates that net revenue requirements of $7,545,151 should be recovered through sewer rates. This total reflects the City's current level of rate revenue, per the 2012/13 budget, and therefore represents a "revenue neutral" level of rate revenue. However, as directed by City staff, proposed rates will include the reductions indicated in Exhibit 6, but none of the increases. As a result, total annual rate revenue is estimated to be approximately $7.34 million. Sewer Rate Study - City of Culver City Prepared by NBS June 26,2012 Page 5 RATE DESIGN AND PROPOSED RATES The purpose of the rate design analysis is to determine how to collect fixed costs (i.e., base charges) and variable costs (i.e. commodity charges) from each of the customer classes. The primary factor in allocating rate revenue between these fixed and variable charges is the nature of the costs being collected. That is, fixed costs should be collected from fixed charges, and variable costs should be collected from variable charges. Accurately allocating these fixed and variable charges improves the revenue stability of the sewer utility's rates, because changes in variable usage, or water consumption patterns, will be accounted for in the variable (commodity-related) charges. In other words, if overall water consumption dropped, the revenue collected from commodity-related charges would change in proportion to the commodity-related costs. A basic evaluation of fixed and variable costs indicates that approximately 63% of the sewer utility costs are fixed and 37% are variable. Therefore, base charges and commodity rates should collect sewer rate revenue from fixed and variable charges in roughly these proportions. ls113S' analysis incorporates these types of changes after 2012-13, rounding these percentages to 60% and 40% respectively. The following table summarizes the 2011-12 rates and rate revenue along with the adjustments to 2012- 13 sewer rates (note: this table reflects revenue requirements by customer class, but has made only the reductions previously shown in Exhibit 6). Sewer Rate Study — City of Culver City Page 6 1 5 Prepared by NBS — June 26, 2012 Fiscal Year 2011-12 Sewer Rates and Rat _102 Multi-Family 200 Commercial/Business 300 Commercial/Restaurants 400 Institutional 500 Schools/Public 601 Special 602 Special 603 Special 604 Special 605 Special 606 Special 607 Special 608 Special 609 Special 610 Special 612 Special 613 Special 614 Special $42.3 $42.3 $42.3 $42,3 $42.3 $42.3 $42.3 $42.3 $42.3 $42.3 $42.3 $42.3 $42.3 $42.3 $42.3 $42.3 $42.3 $42.3 $42.3 Exhibit 7. Existing and Proposed Sewer Rates and Rate Revenue Reflecting COS and Rate Design Adjustments Revenue -12 Sewer and New 2012-13 Sewer Rates Incorporating COS Revenue Requirements Rates 2011-12 Annual Rate Revenue 201243 Adjusted Sewer Rates J 2012-13 Annual Rate Revenue .,.. _k_ _ _ ryes 2 2 Commodity Rate i$/hcf) $3.85 Base Charges ($/yr) $242,748 $469,413 Commodity Rate ($/hcf) $1,545,823 Total Annual Revenue $1,788,571 Base Charges (Styr} $42.32 Commodity Rate ($/hcf) $3.85 ' Base Charges {$/yr} j $242,748 Commodity Rate Total Annual ($1hcf) Revenue $1,545,823 $1 788 571 $2,415,767 $2879417 $3.85 $3.85 $2,445,798 $2,915,211 $41,80 $3.80 $3.76 $463,650 $45,960 $1,427,033 $1 472 993 $41.37 $44,930 $1,395,070 $1,440,000 2 2 $7.63 $3.75 $6,983 $2,412 $718,990 $177,079 $10,129 $725,973 $179,491 $36.89 $40.50 $42,32 $39.11 $6.65 $3.59 $3.26 $6,087 $626,753 $632,840 $2,308 $466 $235 $169,443 $171,751 $10,129 $10,594 $3.26 $466 $10,594 2 $4.10 $254 $67,310 $67,564 $3.79 $62,206 $62,441 a 2 _$5.35 $5.35 $3.75 $3,21 $5.35 $85 $42 $85 $212 $42 $70,674 $70,758 $65,425 $39.11 $4.94 $78 $39 _ $78 $196 $39 $65,315 $65,393 $60,425 $60,464 $85,382 $39.11 $4.94 2 2 2 $75,585 $75,970 $39.11 $3.47 $70,131 $70,209 $74,093 $88,815 $74,305 $88,858 $39.11 $39.11 $2.97 $4.94 $68,475 $68,671 $82,08,1 $82,120 _ 2 $3.85 $42 $189 $231 $39.03 . $3.55 - - $39 ,..._ $174 $213 2 $4.93 $42 $1,385 $2,360 $885 $1,428 $39.10 $4,55 $39 $235 - $1,280 $1,319 $3.85 $0.77 $254 $42 $2,614 $927 $39.11 $3.56 $2,181 $2,416 $39.12 $39.11 $39.09 $39.12 $0.71 $39 $274 $818 $857 $588 $862 2 2 $0.39 $296 $636 $933 $0,36 $0.36 $0,39 $42 $42 $613 $2,609 $655 $39 $39 $566 $605 $3.27 $2,652 $3.02 $2,412 52.451 - $7...5- 4kfti , iiirrAMENEra - - -- Sewer Rate Study - City of Culver City Prepared by NBS - June 26, 2012 Page 7 Exhibit 8 summarizes the proposed sewer rates for 2013-14 through 2015-16 that incorporate the cost-of- service based changes necessary to accomplish the following objectives: • Phase-in cost-of-service based rate increases to two customer classes (single-family and Schools/Public accounts) over a three-year period. • Increase all rates by 4% annually for 2013-14 through 2015-16, as indicated by the financial plan previously shown in Exhibit 2. • Adjust sewer rates so they collect 60% of the revenue required from base charges and 40% from commodity rates. Exhibit 8. Proposed Sewer Rates for 2013-14 through 2015-16 Summary of Proposed 201344 Through including Rate COS-Adjusted Allocations _ 201646 Sewer to Base -- Rates Incorporating COS Revenue Requirements Charges and Commodity Rat& Customer Class 101 Single-Family 2013-14 2014-15 Commodity Rates ($/hcf) , $1.21 i 2015-16 Base Commodity Charges ($/y0 Rates (.$filc $254.24 $1.17 Base Charges ($4er) $264.32 Base Commodity Charges ($4ir) Rates ($7/7c5 $274.80 $1.25 102 Mulli-Famil? $202.97 $1.17 $211.48 $1.21 $220.42 $125 200 Commercial/Business $254.24 $3.30 $264.32 $3.43 ,---- $274.80 $3.56 300 Commercial/Restaurants $254.24 $6.54 $264.32 $6.80 $274.60 J $7.07 400 Institutional $254.24 $3.48 $264.32 $3.61 $274.80 $3.76 500 Schools/Public $254.24 $2.67 $264.32 $2.78 $274,80 601 Special $254.24 $3.86 $264,32 $4.02 $279.80 $4.18 602 Special $254.24 $5.11 $264,32 $5.31 $274.80 $5.53 603 Special $254.24 $5.12 $264.32 . $5.33 $274.80 $5.54 604 Special $254.24 $254.24 $3.58 $264.32 $264.32 $3.73 $3.16 $274.80 $3.88 605 Special $3.04 $274.80 $3.29 606 Special $254.24 ...4 $5.13 $0.00 $264.32 $5.33 $0,00 $274.80 $5.55_ 607 Special $222.00 I $230.00 $240.00 $0.00 608 Special $25924 $3.98 $264.32 $4.14 $274.80 $4.30 609 Special $254.24 $1,61 $264.32 $1.68 $274.80 $1.74 610 Special $254.24 $0.55 $264.32 $0.58 $274.80 $0.60 612 Special $128.07 $0.00 $133.19 $0.00 $138.52 $0.00 613 Special 614 S.edal $254.24 $024 $264.32 $0.25 $274.801. $0.26 $254.24 $2.88 $264.32 $2.99 q $274.80 l $3.11 1. The base charges reflect residential classes and collect 60% of all sewer rate revenues; commodity charges collect 40%. The overall sewer rate revenue collected from each customer class matches the cost-of-service revenue requirements. 2. Multi-Family base charges are 80% of Single-Family base charges based on the differences in per unit water consumption. Multi-Family commodity rates are also adjusted to meet the revenue requirements for this class. Sewer Rate Study City of Culver City Prepared by NBS -June 26, 2012 Page 8 11 CONSULTANT RECOMMENDATIONS Based on the results of this study, NBS recommends the City consider the following actions: • Adopt this rate analysis as the basis for adjustments to the City's current sewer rates. • Adopt a five-year financial plan, as summarized in Exhibits 2 through 4, as the "road map" for the Utility's financial management and cash management of reserves through 2016/17. • Adopt the minimum target reserve fund balances as shown in Exhibit 4 and accumulate cash funds in excess of these targets into the Capital Rehab and Replacement Reserve with the intent of cash-funding planned capital improvements. • Adopt and implement the proposed sewer rates shown above in Exhibits 7 and 8. This should not require a Prop 218 protest balloting process for the 2012-13 rates, but will necessitate a Prop 218 process each year thereafter in order to adopt and implement the recommended rates. PRINCIPAL ASSUMPTIONS AND CONSIDERATIONS In preparing this transmittal and the opinions and recommendations included herein, NBS has relied on a number of assumptions and considerations with regard to financial matters, conditions, and events that may occur in the future. The information and assumptions, including the Utility's budgets and information from Utility staff, were provided by sources we believe to be reliable. While we believe the use of such information and assumptions is reasonable for the purpose of this transmittal, some assumptions will invariably not materialize as stated herein and may vary significantly due to unanticipated events and circumstances. Therefore, the actual results can be expected to vary from those projected to the extent that actual future conditions differ from those assumed by us or provided to us by others. Given that, the Utility should closely monitor future revenues, costs and capital plans to determine any significant variances from the results shown in this report and take appropriate management and City Council action to reconcile differences as needed. Sewer Rate Study — City of Culver City Page 9 Prepared by N BS — June 26, 2012 SEWER RATE STUDY APPENDIX A SELECTED TABLES FROM THE FINANCIAL PLAN AND REVENUE REQUIREMENTS ANALYSIS RATE REVENUE REQUIREMENTS SUMMARY Projected FY2013114 FY20141'15 FY2015/16 FY2016/17 FT2017/18. FY 2018119 FY2019/20 FY2020/21 FY 2021/22 Budget FY2012/13 Sources of Sewer Funds Rate Revenue Under Prevailing Rates Industrial Waste Inspection Fees Interest Earnings Total Sources of Funds $ 7,340,661 $ 7,340,661 70,000 70,000 202,000 150,000 $ 7,612,661 $ 7,560,661 $ 7,340,661 70,000 150,000 $ 7,660,661 $ 7,340,661 $ 7,340,661 70,000 70,000 150,000 150,000 $ 7,560,661 $ 7,560,661 $ 7,340,661 70,00Q 150,000 $ 7,660,661 $ 7,340,661 70,000 150,000 $ 7,560,661 $ 7,340,661 70,000 150,000 $ 7,560,661 $ 7,340,661 70,000 150,000 $ 7,660,661 $ 7,340,661 70,000 150,000 $ 7,660,661 Uses of Sewer Funds Operating Evenses: Personnel SeNces Maintenance and Operations SubtotaLOperating Expenses Other Expenditures: EAsting Debt Service New Debt Service Rate-Funded Capital ENsonses Total Uses of Sewer Funds $ 1,367,370 $ 1,394,717 $ 1,422,612 $ 1,451,064 $ 1,480,085 $ 1,509,687 $ 1,539,881 $ 1,570,678 $ 1,602,092 $ 1,634,134 4,491,105 4,815,687 4,673,457 4,881,332 5,029,487 5,182,625 5,340,929 5,504,585 5,673,787 5,848,738 $ 5,858,475 $ 6,210,405 $ 6,096,069 $ 6,332,396 $ 6,509,572 $ 6,692,312 $ 6,880,810 $ 7,075,263 $ 7,275,879 $ 7,482,872 $ 1,606,800 $ 1,605,200 $ 1,603,000 $ 1,608,300 $ 1,605,650 $ 1,606,213 $ 1,607,213 $ 1,604,088 5 1,603,838 $ 1,605,338 482,386 $ 7,465,276 1 $ 7,816,605 1 $ 7,699,069 1 $ 8,423,082 $ 8,115,222 1 $ 8,298,525 1 $ 8,488,022 1 $ 8,679,351 I $ 8,879,716 1$ 9,088,209 Forecasted Surplus (Deficiency) before Rate Increase $ 147,386 $ (264,944)1 $ (138,408) $ (862,421) $ (554,661) $ (737,864) $ (927,361) $ (1,118,690) $ (1,319,066) $ (1,527,648) Total Revenue Deficiency increase/(Decrease) to Reserves Less: Revenue from Prior Rate Increases Net Revenue Deficiency $ 254,944 2,621 $ $ 138,408 $ 276,824 $ (138,408) $ 862,421 $ 87,109 $ (5913,998) $ 554,561 - $ (554,561) 737,864 (737,864) $ 927,361 - $ (916,584) $ 1,118,690 $ 1,319,056 5 (916,584) $ (1,081,729) $ 1,527,548 - $ (1,334,401) $ 267,666 276,824 $ 330,532 $ $ 10,777 $ 202,105 $ 237,326 $ 193,147 Calculation of Required Rafe increases Rate Revenue with No Rate Increase plus: Revenue from Prior Rate Increases Total Rate Revenue Before Rate Increase PiOje400 AnntiiiiiRate In-Crease Cumulative Increase from Annual Rate Increases 5 7,340,661 $ 7,340,661 $ 7,340,661 $ 7,340,661 $ 7,340,661 $ 7,340,661 $ 7,340,661 - - 293,626 598,998 916,584 916 584 916.584 $ 7,340,661 $ 7,340.661 7,634,287 $ 7,939 659 $ 6,257,245 $ 8,257,245 $ 8.257.245 , 4,O0 .0.00% MO' 0.00% 4.00% 8.16% /2.49% 12.49% 12.49% 12.49% $ 7,340,661 $ 7,340,661 $ 7,340,661 916.584 1,081,729 1,334.401 $ 8.257.245 $ 13,422,390 $ 8,675,062 1,00 14 14.4* 14.74% 18.18% 20,54% Impacts of Rate Increases Rate Revenues After Rate Increase 2 Net Cash Flow After Rate Increase Coverage .After Rate Increase $ 7,340,661 147,386 1.09 $ 7,702,828 38,683 1.02 $ 8,008,222 460,590 1.29 $ 8,325,831 54,163 1,33 $ 8,325,831 362,023 1.23 $ 8,325,831 178,720 1.11 5 8,325,831 $ 8,492,348 (10,777) (36,960) 0.99 0.98 $ 8,747,118 15,345 1.01 $ 8,922,061 (19, 1646) 0.99 1. In this iteration of the analysis, the rate increases targets total cash reserve balance of $4.5 million at the end of FY 2015/16. 2, Refer to Cost of Service Analysis for detailed calculations. Appendix A Sewer Rate Study - City of Culver City Prepared by N BS - June 26, 2012 A-1 Budget Projected WiEllIZLEMIIMMEUINLI giECBERii IMAKIWEIN FY2018/19 FY2019/20 INNEEMEMNIMEMME 4,076,472 3,300,000 3,200,000 2,717,614 - - 482.386 $ 4,076,472 $ 3,300,000 $ 3,200,000 $ 3,200,000 1 $ 4,076,472 $ 3,300,000 $ 3,200,000 $ 3,200,000 $ 4,076,472 $ 3,300,000 $ 3,200,000 $ 3,200,000 SOURCES & USES OF FUNDS FOR EXISTING CAPITAL NEEDS Sources of Capital Funds Grants State Revolving Fund Loan Revenue Bond Surplus Capital Reserve Rate Revenue Total Sourtes of Capital Funds Uses of Capital Funds Funding of Capital Expenditures (Existing Needs) Total Uses of Capital Funds CaPjfaMtlfdlng StirOlthelpetiOje:ilt0 Appendix A A-2 Sewer Rate Study — City of Culver City Prepared by NBS — June 26, 2012 26,472 - I $ 100,000 $ 100,000 200,000 $ 100,000 _ $ - $ 3,000,000 $ $ 3,000,000 - $ 100,000 100,000 $ 3,000,000 3,000,000 100,000 100,000 100,000 500,000 100,000 150,000 CAPITAL IMPROVEMENT PROGRAM FY2012/1.6 FY2013/14 FY2014/15 FY2015/16 Sewer Main Rehabilitation Project Sewer Main Point Repair, Manhole Rehabilitation, and Sewer Video Sewer Pum p Stations Improvement P-521 Jasmine Second Force Main Project Overland pipeline diversion (Construction) Hayden second force main Project 2nd force main Braddock connection to Los Angeles New Pump Station Selmaraine New pipelines to divert Mesmer New siphon at sewer convergences at Culver/Madison Upsize Duquesne Sewer Pipe to 21 inch from Lucerne to Jefferson Financial System Replacement/Enhancements Total: Project Costs 3,-300,000 3,20 3,20(til Appendix A A-3 Sewer Rate Study — City of Culver City Prepared by NBS — June 26, 2012 SUMMARY OF CASH ACTIVITY Total Estimated13egInning Cash Budget Projected . FY2021/22 FY2012/13 $ 17,190,264 FY 2013/14 FY2014/15 1FY2015/16 • FY2016117 FY2017/18 FY2018/19 FY2019/20 FY2(120/21 Operating Reserve Beginning Reserve Balance 1 Plus: Net Cash Flow (After Rate Increases) Plus: Transfer of Debt Reserve Surplus Less: Transfers Duff° Capital Replacement Reserve $ 1,479,650 147,386 1 (162,036) $ 1,465,000 38,683 - - $ 1,503,683 460,590 - (440,273) $ 1,524,000 54,163 - - $ 1,578,163 362,423 - (313,186) $ 1,627,000 178,720 - (132,720) $ 1,673,000 (10,777) - $ 1,662,223 (36,960) - $ 1,625,263 15,345 - - $ 1,640,608 (19,646) - - Ending Operating Reserve Balance Target Ending Balance (25% or 90 day, nf O&M) — _ .„,____ „..,. o'poiat- iiikitt4elveatP107 (100* 11.) $ 1,465,000 $ 1.465,000 $' $ 1,503,683 5 1,553,000 _.,., =MOO) $ 1,624,000 $ 1,524,000 , , .,. $ 1,578,163 $ 1,583,000, Orr) $ 1,627,000 $ 1,627 000 - $ 1,673,000 :P 1,67 000 $ - $ 1,662,223 $ 1,720,000 $ 7 (5T,ii-7,1 $ 1,625,263 $ 1;769.000 s 1400 ) $ 1,640,608 $ 1.819,000 $ 'f1 tait $ 1,620,962 $ _ 1 ,871!)00 ri .' • 0040 Capital Rehab & Replacement Reserve Beginning Reserve Balance I Plus: Net Debt Proceeds Plus: Transfer of Operating Reserve Surplus Less: Use of Reserves for Capital Projects $ 14,101,776 - 162,036 (4,076,472) $ 10,187,340 - . (3,300,000) 1 6,887,340 - 440,273 (3200,000) $ 4,127,614 - - (2,717,614) $ 1,410,000 313,186 - $ 1,723,186 - 132,720 - $ 1,855,907 . - $ 1,855,907 - - - $ 1,855,907 - - - $ 1,855,907 - - - Ending Repair & Replacement Balance Target Ending Balance (3% cy-Assets) $ 10,187,340 $ 1,250,000 $ 8:937340 $ 1,608,838 . (1) $ 6,887,340 $ 1,310,000 $T-.5477, -344C' $ 1,608,838 , - $ 4,127,614 $ 1,360.000 ,-- _ $ 2, 7 ,.,' 4 $ 1,608,835 - - $ 1,410,000 $ 1.410.000 $ $ 1,608,838 - - $ 1,723,186 $ 1,370.000 $ 1,855,907 $ 1,330,000 $ 1,855,907 $ 1.290.000 $ 1,855,907 $ 1,250.000 $05,9Q7 $ 1,608,838 - - $ 1,865,907 $ 1.210,000 . 641.11.1iiT $ 1,698,838 - - $ 1,865,907 5 1,180.000 — tii5VitTi 1,608,838 - CW'i- ialti.646:4 Re MC' ent eur Ats rieficrt Debt Reserve Beginning Reserve Balance 1 Plus: Reserve Funding from New Debt Obligations Less: Transfer of Surplus to Operating Reserve $ 43 -180 $ 1,608,838 - - :_ 2 4 : 0. 7 $ 1,608,838 - - '.ii.555,907 $ 1,608,838 - Ending Debt Reserve Balance Target Friellag Balance _. Debt Reserve $4,10,i0tiiiebit,) $ 1,608;838 .9 1.608.838 . $ 1,608,838 $ 1,608,838 - $1,608,838 St 1,608,838 s $ 1,608,838 $ 1,608,838 - $ 1,608,838 $ 1,608.838 .:., , $ 1,608,838 $ 1,608.838 - $ 1,608,838 $ 1.608.839 $ 1,608,838 $ 1 608 838 $ 1,608,838 $ 1 608 838 $ 1,608,838 g' 1 606846 .4 Debt Cove r age Ratio (After Rate (me re ase) ---1 'Err- Recommended Target Ending E, ,, 1 a FIG e - All Reserves 1.99 4,323,838 / , — $ 4,471,838 / 9 $ 4,422,338 - 1 3 $ 4,401,338 , 4 ,6C.18,338 1.11 4,611,838 0.99 $ 4,618,838 '- 0.93 4 627,838 1.01 4,637,833 0 99 4,659,838 - Total Minimum Reserves Recommended in this study: 25%, or 90 days of 08,11/1expenses, plus 3% of Net Assets, plus the debt resolve requirement which is equal to the maximum annual debt service payment. For reference purposes, the t otal Minimum Reserves Per Existing City Policy: 70% of annual operations budget, plus two years of debt service payments, plus the annual capital improvements budget. 1. For purposes of this analysis, ills assumed that available cash can be deposited into distinct Operating, Capital and Debt Reserve Funds. Accordingly, the total beginning cash balance of $17,190,264 has been segregated as follows: $1,479,650 has been assigned as the beginning cash balance in the Operating Fund, $14,101,776 has been assigned as the beginning cash balance in the Capital Reserve and $1,608,638 has been assigned as the beginning Deb tReserve balance. No fund have been assigned to the Developer Impact Fee Fund, because the City has no funds set aside for this fund currently. Appendix A A-4 Sewer Rate Study — City of Culver City Prepared by N BS — June 26, 2012 SEWER RATE STUDY APPENDIX B SELECTED TABLES FROM THE COST-OF-SERVICE ANALYSIS '2_uk 338,618 $ 126,982 10,090 $ 3,750 6,365 $ 2,387 5,105 $ 1,914 26,339 $ 9,877 53,886 $ 26207 7,412 $ 2,750 27,714 $ 10,393 60,462 $ 22,673 2,080 $ 780 6,389 $ 2,395 1,018 $ 382 200 $ 75 - :1.360 6 510 68,400 27,279 9,000 Customer Actual 126,982 $ 253,963 3,750 $ 7,500 2,387 $ 4,774 1,914 $ 3,529 9,877 $ 19.754 20,207 $ 40,415 2,780 $ 5,559 16393 $ 20786 22,673 $ 45,346 780 $ 1,560 2,396 $ 4,792 382 $ 764 75 $ 150 510 $ 1 ,020 205,106 $ 2,000 10,000 7,100 7,600 3,031 1,000 6,690 3,400 3,500 2,000 26,400 28,500 36,000 3,341 TotatReve nue Requirements 846,544 25,000 15,912 12,763 65,847 134715 16530 69,286 151,154 5,200 15,973 2,548 500 3,400 1,000 2,000 10,000 7,100 76,000 30,310 10,000 6,690 3,400 3,500 2,000 2,272,000 88,000 95,000 360,000 33,412 400 733,316 7,6130 28,300 43,900 21,613 655.484 $ 1,367,370 I 8 546,948 I 1 205,106 1,272,320 35,200 38,000 324,000 30,071 360 659,964 6,912 25,470 21,950 2,161 65,548 522,560 13,200 14,250 477,120 13,200 14,250 4,491,105 I $ 2,586,656 3 550,010 $ 504,570 $ 849,869 Basis of Classification 311'0, 010 00 3111011] 3 0 1) YrA4r. , 0.111 .01 n - OPF4= Less Non-Rate Revenues (less) Industrial Waste Inspection Fees least hterest Eaminas NET.!EyplyEeEquiaennewrs . Allocation of Revenue koluiremenis (70,0001 $ (37,442) (202,000) $ (105,047) 7,193,275 $ 3,791,515 8' .1,121.,757 5 1,079,425 rj,201,577 900% 63% 16% 15% 17% (9,022) $ (26,036) (8,480)1 $ (15056) (24,470) $ (43,448 ,53'k 13%" Classification of Expenses (cont.) Adjustments to Classification of Expenses Adjustment for Current Rate Level: (VOL) MOO) {TSS) 2013 Net Revenue Requirement Current Level of Rate Revenue Adjustment Factor Adjusted Net *Venue - Oe 1,170-Ad 1,131.1.flg =2%3 54 1. Estimated Volumetric, BOD/TSS strength factors are from the City's 2003/04 Engineer's Report (Table 4). TOW Operating Expenses 5,858,475 $ 3,133,6041$ 755,116 $ 709,676 I 1,260,050 Allocation offterating Expenses 100% 63% 13% 12%i - 22% ON% 2009 Series A Revenue Bonds: TAtaist:Sior0VtiW 1 606,800 5 4405,(275 863,400 5 401, 71)0 1 $ 4D1 , 00 37. 02 1141L1111$4,1 $,,„ 1 Alt 50.5W :75W. 53% :154 17% '0°A. Classification of Expenses Budget Categories Regular Salaries Part-Time Salaries Overtime Pay Deferred Compensation Social Security Retirement Deterred Retirement Workers Compensation Group Insurance Retiree Hearth Savings Retiree Insurance Retiree Medical Pre-funding State Disability Insurer -ice Health Benefits Longevity Pay Uniform Allowance Total personnel Services Oren& KriiiiCalbrrs Office Expense Printing & Binding Postage & Delivery Communications Utilities Departmental Special Supplies Small Tools Br Equipment Training & Education Conferences & Conventions' Special Events & Meetings Memberships & Dues Contributions' to Agencies (1) R&M - Equipment Garage Expenses Rental of Land - Amarlization of Equipment tiled Services - DIA/ Certificate Med Services - Special Exam ins Refuse Disp Services Other Other Contractual Services Insurance Premiums - Other Liability Reserve Charge Depreciation Improvements other than Bldg. Auto - Rolling Stock & Equipment FT Equipment - Hardware Administrative Chames Total Maintenance & Operations B-1 .2.5 Appendix B Sewer Rate Study - City of Culver City Prepared by NBS - June 26, 2012 Allocation of Revenue Requirements Custome r Classes Classification Components Net Revenue Requirements .' 101 Single-Family 102 Mufti-Family 200 Commercial/ Business 300 Commercial/ Restaurants 400 Institutional :500:ScboOls/ : Public 600 Commercial! Hotels Volume Treatment - BOD - TSS Customer-Related Direct Assignment Net:Revenue :R .0 $962,013 $246,676 $239,608 $544,013 $0 $1,522,095 $390,290 $379,107 $587,925 $0 :it -S2,879;2 $888,087 $227,720 $221,195 $102,998 $0 $225,777 $113,140 $188,523 $202,890 $15,649 $0 2.840.] $7,444 $1,273 $1,053 $1,043 $0 814 3,976,986 $ 1,176,630 $ 1,131,180 $ 1,260,364 7,346,1S1 Uirerne $37,194 $16,011 $5,406 $0 317tn $258,430 $84,956 $71,316 $3,319 $0 11 - 8164 I. These revenue requfrements have been adjusted to meet the Clty's current revenue collected from sewer rates. Appendix 13 Sewer Rate Study — City of Culver City Prepared by NBS —June 26, 2012 Proposed 2012-13 Sewer Rate Revenue -Base and Commodity Charges 121131=10211 Customer Data No. of Parcels/ Dwelling Units Adjusted 2010 Consumption Commodity Rates New Rate (Vic0 New Base Charges Commodity Charges Total Annual Revenue Target Rev, Regts 2 Current Rate Revenue COS Rev. Regts 101 Single-Family* 5,736 102 Multi-Family 11,092 200 Commercial/Business* 1,086 300 Commercial/Restaurants* 165 400 Institutional* 57 500 Schools/Public* 11 601 Special* $39.11 602 Special* 2 $39.11 603 Special* 1 $39.11 604 Special* 2 $39.11 605 Special* 5 $39.11 606 Special* 1 $39.11 607 Special" 1 $39.03 608 Special* 1 $39.10 609 Special* 6 $39.11 610 Special* 1 $39.12 612 Special* 7 $39.11 613 Special* 1 $39.09 614 Special" 1 $39.12 ITOtaik: 18 82 - I% of Totel Parcels. Dwelling Units. 1. Adjusted for irrigation factors. 2. Cost-of-Senrice (COS) analysis indicates some classes should be reduced The "Target Rev. Refgs" am the lesser of Current or COS Revenue Requirement (which are highlighted in yellow). $42.32 $41.80 $41.37 $36.89 $40.50 $42.32 401,513 635,272 370,658 94,232 47,221 3,107 $3.85 $3.80 $3.76 $6.65 $3.59 $3.26 $242,748 $463,650 $44,930 $6,087 $2,308 $466 $1,545,823 $2,415,767 $1,395,070 $626,753 $169,443 $10,129 $1,788,571 $2,879,417 $1,440,000 $632,840 $171,751 $10.594 $1,788,571 $10;594 ,992 $2,879,417 $1,440,000 $632,840 $171,751 - $62,441 $65,393 $60,464 $70,209 $68,671 $82,120 $213 $1,319 $2,416 $857 $862 $605 $2,451 67,54505Th 16,417 13,210 12,221 20,236 23,082 16,601 49 281 613 1,149 1,632 1,571 798 $235 4713 $39 $78 $196 $39 $39 $39 $235 $39 $274 $39 $39 $3.79 $4.94 $4.94 $3.47 $2.97 $4.94 $3.55 $4.55 $3.56 $0.71 $0,36 $0.36 $3.02 *79;1531 $7',341A94 10,4' -H,6% _100 0% $62,206 $65,315 $60,425 $70,131 $68,475 $82,081 $174 $1,280 $2,181 $818 $588 $566 $2,412 $62,441 $65,393 $60,464 $70,209 $68,671 $82,120 $213 $1,319 $2,416 $857 $862 $605 $2,451 Appendix B B-3 Sewer Rate Study - City of Culver City Prepared by NBS - June 26, 2012 REEram Annual Rate Revenue Existing 2011-12 Sevver Rates and Rate Revenue Customer Class Base Charges (Styr) Commodity Base Rate ($/hcf) Charges Commodity Rates Total Annual Revenue 101 Sin_gle-Fam ily 102 Multi-Family 200 Commercial/Business 300 Commercial/Restaurants 400 Institutional 500 Schools Schools/Public ublic 601 S ecial 602 Special 603 Special 604 Special ,60_5_Special 606 Special 607 Special 608 Special 609 Special 610 Special 612 Special 613 Special 614 Special To :4) 1 $42.32 $3.85 $42,32 $3.85 $42,32 $3.85 $42.32 $7.63 $42.32 $3.75 $42.32 $3.26 $42.32 $4.10 $42.32 $5.35 $42.32 _ $5.35 $42.32 $3,75 $42.32 $42.32 $5.35 $42.32 $3.85 $42.32 $4.93 $42.32 $3.85 $42.32 $0.77 $42.32 $0.39 $42.32 $0.39 $42.32 $3.27 L l $1,545,823 $2,445,798 $1,427,033 $718,990 $177,079 $10,129 $254 $67,310 $85 $70,674 _$42 5,382 $85 $75,885 $212 $74,093 $42 $88,815 $42 $189 $42 $254 $42 $296 $42 $2,609 $242,748 $469,413 $45,960 $6,983 $466 $2,412 $1,788,571 $2,915,211 $1,472,993 _ $725,973 _$179,491 $10,594 $67,564 $2,652 $70,758 $65,425 $75,970 $74,305 $88,858 $231 1,385 $1,428 $2,360 $2,614 $885 $927 $636 $933 $613 $655 Appendix B B-4 Sewer Rate Study - City of Culver City 29, Prepared by NBS - June 26, 2012 Customer Class Base Charges I Commodity Rate Myr) r ($/hcf) New 2012-13 Sewer Rates Incorporating COS Revenue Requirements Base Charges 101 SiNle-Family $42.32 $3.85 $242,748 $1,545,823 $1,788,571 102 Multi-Family $41.80 $3.80 $3.76 $463,650 $2,415,767 $2,879,417 $1,440,000 $44,930 $1,395,070 200 Commercial/Business $41.37 300 Commercial/Restaurants $36.89 $6.65 $6,087 $626,753 $632,840 400 Institutional $40.50 $3.59 $2,308 $169,443 $171,751 500 SchoolstPublic $42.32 $326 $466 $10,129 $10,594 601 Special $39.11 $3.79 $235 $62,206 $62,441 602 S eaal $39.11 $39.11 $4.94 $4.94 $3.47 $78 $65,315 $65,393 603 Spedal 604 Special 605 Special $39 $60,425 $60,464 $70,209 $39.11 $39.11 $78 $70,131 $68,475 $2.97 $196 $68,671 606 S ecial $39.11 $4.94 $39 $82,081 $82,120 607 Special $39.03 $3.55 $39 $174 $213 608 Special $39.10 $4.55 $39 $1,280 $1,319 609 Special $39.11 $39.12 $3.56 $0.71 $235 $39 $2,181 $818 $2,416 $857 610 Special 612 Special $39.11 $0.36 $588 $862 613 Soecial $39.09 $0.36 $39 0 $566 $605 614 S•ecial All ilife( I. 1iI ii $39.12 $3.02 1111 ii, i $27 4 . $39 ' $2,412 $2,451 1 J 1. Adjustments to base charges and commodity rates were made to generate the Target Revenue Requirements, including reductions in most customer classes based on the cost-of-service analysis results. Appendix B B-5 Sewer Rate Study - City of Culver City Prepared by NBS -June 26,2012 Projected Sewer Revenue Requirements - I 0 Customer Class - rein " 0 1 One•Third of COS Total Annual '11- Rev. req. 12 Rate Revenue Adjustment' Ii - .... i Total Annual Rate Revenue 1-- 1 20 .13-14 , 2014-15 , 2015-16 I11111WS 101 Single-Family $1,788,571 $67,913 $1,928,027 $2,002,431 52,079,812 102 Multi-Family $2,879,417 N.A. $2,994,594 $3,114,377 $3,238,953 200 Commercial/Business $1,440,000 N.A. $1,497,600 $1,557,504 $1,619,804 300 Commercial/Restaurants 400 Institutional $632,840 N.A. $658,154 $178,621 $684,480 $185,766 $711,859 $171,751 $10,594 N.A. $193,197 500 Schools/Public $73 $11,091 $11,532 $11,990 601 Special $62,441 MA. $64,939 $67,536 $70,238 602 Special $65,393 N.A. $68,009 $70,729 $73,558 603 Special $60,464 MA. $62,883 $65,398 $68,014 604 Special $70,209 ALA. $73,017 $75,938 $78,976 605 Special $68,671 NA $71,418 $74,275 $77,246 606 S ecial $82,120 NA , $85,405 $222 $88,821 $92,374 607 Special $213 N.A. $230 $240 608 Special $1,319 $2,416 N.A. N.A. ALA $1,372 $2,513 $891 $1,427 $2,613 $927 $932 $1,484 609 Special $2,718 610 Special $857 $862 $964 612 Special N.A. $896 $970 613 S ecial $605 MA. $629 $654 $681 614 Special r"! 1 ' Ili :ii , ' ' ; $2,451 IFP ' ' N.A. $2,549 $2,651 $2,757 1. This is added' to the revenue requirements for these class in each of the next 3 years. Appendix B B-6 Sewer Rate Study - City of Culver City 30 Prepared by NBS - June 26, 2012 Proposed 2013-14 Sewer Rates Incorporating COS Revenue Requirements Including Rate COS -Adjusted Allocations to Base Charges and Commodity Rates Customer Class 1 01 Single-Family Base Chargest ($4er) $254.24 Commodity 2 Rates (S.A2 CO $1.17 $1.17 3 Total Annual Rate Revenue From Base Charges 1 $1,458,327 $276,106 I From Commodity RateS 2 J $469,700 Total Annual Revenue 3 $1,928,027 102 Multi-Family $202.97 1,32 J $1,221,494 $2,994,594 $1,497,600 200 Commercial/Business $254.24 $3.30 300 Commercial/Restaurants $254.24 $6.54 $41,9501 $616204 •$658,154 400 Institutional $254.24 $3.48 $14,4921 $164,129 $178,621 500 Schools/Public $254,24 $2.67 $2,7971 $8,294 $11,091 601 Special $254.24 $3.86 $1,5251 $63,414 $64,939 602 Special _ $254.24 $254,24 $254.24 $5.11 $5.12 $3.58 $508 $67,501 $254 1 $62,629 $68,009 $6-2,88-3 - $73,017 $71,418 $85,405 $222 603 Special 604 Special $508 $1,271 $254! $222 $72,509 $70,1471 $85,15- 11 $0 605 Special $254.24 $3.04 606 Special $254.24 $5.13 607 Special $222.00 $0.00 608 Special $254.24 $3.98 $254 $1,118 $1,372 609 Special $25424 $1.61 $1,525 $988 $2,513 610 Special $254.24 $0.55 $254 $637 $891 612 Special $128.07 $0.00 $896 $0 $896 613 Special $254.24 $024 $254 $375 $629 614 Special . - .". I,. h.l'h 1 1 . .1 $2.88 $254 $2,295 $2,549 ii s t O2: , , - io , ; . nI1 - 11.1p - isiiil ."1 1 . To , HI, 1. The base charges reflect residential classes but are adjusted to overall collect 60% of all revenues. 2. Commodity charges are individually adjusted for each customer class to meet COS revenue requirements. 3. The total rate revenue collected from each customer class are the cost-of-service (COS) revenue requirement. 4. Multi-Family base charges are 80% of Single-Family base charges based on the differences in per unit water consumption. Multi-Family commodity rates are also adjusted to meet the revenue requirements for this class. Appendix B Sewer Rate Study - City of Culver City Prepared by NBS - June 26, 2012 B-7 31 Customer Class 1 Commodity I 2 a From Base Rates ($/ho) Charges From Commodity r 2 Rates Total Annual Revenue s II 1 3• MUM J .1 Lui Proposed 2014-15 Sewer Rates Incorporating COS Revenue Requirements including Rate COS Adjusted Allocations to Base Charges and Commodity Rates 101 Single-Family 102 Mu Iti-Fam ilL 200 Commercial/Business 300 Commercial/Restaurants 400 Institutional 500 Schools/Public 601 Special 602 Special 603 Special .._624_Skecia 6_05_Sp_esial 606 Special 607 Special 608 Special 609 Special 610 Special 612 Special 613 Special 614 Special $264.32 $211.48 $264.32 $264.32 $264.32 $264.32 $264.32 $264.32 $264.32 $264.32 $264.32 $264.32 $230.00 $264.32 $264.32 $264.32 $133.19 $264.32 $264.32 $1,516,146 $486,285 $2,002,431 $2,345,6981 $768,679 $3,114,377 $287,053] $1,270,451 $1,557,504 $43,6131 $640,867' $684,480 $15,066 $170,700 $185,766 $2,90J. $11,532 $1,586 , $65,950 $67,536 $529 $70,200 $70,729 $264 $65,134 J $65,398 $529 $75,409 $75,938 $1,322 $72,953 $74,275 $264 $88,557 $88,821 $230 r $01 $230 $264 $1,163 $1,427 $1,586' $1,027 $2,613 $264 $663 $927 $932 $0 $932 $__4_ 264 1 $390 $654 $2641 $2,387 $2,651 $1.21 $1.21 $3.43 $6.80 $3.61 $2.78 $4.02 $5.31 $5.33 $3.73 $3.16 $5.33 $0.00 $4.14 $1.68 $0.58 $0.00 $0.25 $2.99 1. The base charges reflect residential classes but are adjusted to overall collect 60% of all revenues. 2. Commodity charges are individually adjusted for each customer class to meet COS revenue requirements. 3. The total rate revenue collected from each customer class are the cost-of-service (COS) revenue requirement. 4. Multi-Family base charges are 80% of Single-Family base charges based on the differences in per unit water consumption. Multi-Family commodity rates are also adjusted to meet the revenue requirements for this class. Appendix B B-8 Sewer Rate Study - City of Culver City 31 Prepared by NBS - June 26, 2012 From Commodity Rates 2 Total Annual Revenue Proposed 2015-16 Sewer Rates Incorporating cos Revenue Requirements Including Rate COS-Adjusted Allocations to Base Charges and Commodity Rates Customer Class 101 Single-Famil 102 Multi-Earn iIy 200 Commercial/Business 300 Corn mercial/Restaurants 400 Institutional 500 Schools/Public 601 Special 602 Special 603 Special 604 Special 605 Special 606 Special 607 Special .08 pi al 609 Special 610 Special 612 Special 613 Special 614 Special 131 I% of Tota/ $1,576,2761 $503,536L $2,079,812 $2,444,863 $794,090; $3,238,953 $298,437 $1,321,367 $1,619,804 $45,343 $666,516 ... $711,859 $15,664 $177,533 $193,197 $3,0231 $11,990 $1,6491 $68,5891 $70,238 $550 $73,0081 $73,558 $275' $67,7391 $682014 $5501 $78,426 $78,976 $75,872 $77,246 $92,0991 $92,374 $0' $240 $1,209i $1,484 $1,069 $2,718 $689 $964 $0 $970 ....._ $406,1 $681 $275[ $2,482; $2,757 4 39 $274.80 $1.25 $220.42 $1.25 $274.80 $3.56 $274.80 $7.07 $274.80 $3.76 $274,80 $2,89 $274.80 $4.18 $274.80 $5.53 $274.80 $5.54 $274.80 $3.88 $274.80 $3.29 $274.80 $5.55 $240.00 $0.00 $274.80 $4.30 $274.80 $1.74 $274.80 $0.60 $138.52 $0.00 $274.80 $0.26 $274.80 $3.11 $1,374 $275 $240 $275 I 11,6491 $2751. $970 1. The base charges reflect residential classes but are adjusted to overall collect 60% of all revenues. 2. Commodity charges are individually adjusted for each customer class to meet COS revenue requirements. 3. The total rate revenue collected from each customer class are the cost-of-service (COS) revenue requirement. 4. Multi-Family base charges are 80% of Single-Family base charges based on the differences in per unit water consumption. Multi-Family commodity rates are also adjusted to meet the revenue requirements for this class. Appendix B Sewer Rate Study - City of Culver City Prepared by NBS - June 26, 2012 B-9 33 ALLOCATION OF OPERATING EXPENSE FORECASTh ' • Allocation ' 'W s Allocation $ s Fixed 1 Variable i .Fixed Variable Pelf§QtAlVt.PrIfOe .20.1 0. lh:f mrtAtk .*:14 411100 Regular Salaries 846,544 100% $ 846,544 $ - 411200 Part-Time Salaries 25,000 100% $ 25,000 $ 411300 Overtime Pay 15,912 100% $ 15,912 $ - 431000 Deferred Compensation 12,763 100% $ 12,763 $ - 432000 Social Security 65,847 100% $ 65,847 $ 433000 Retirement 134,715 100% $ 134,715 $ - 433500 Deferred Retirement 18,530 100% $ 18,530 $ - 434000 Workers Compensation 69,286 100% $ 69,286 $ - 435000 Group Insurance 151,154 100% $ 151,154 $ 435400 Retiree Health Savings 5,200 100% $ 5,200 $ - 435500 Retiree Insurance 15,973 100% $ 15,973 $ - 436000 State Disability Insurance 2,546 100% $ 2,546 $ - 437000 Health Benefits 500 100% $ 500 $ 440000 Uniform Allowance 3,400 100% $ 3,400 $ - Total: Personnel Services 1,367,370 , 4 , 512100 Office Expense 1,000 100% 1,000 $ - 512200 Printing & Binding 2,000 100% $ 2,000 $ - 512299 Postage & Delivery 10,000 100% $ 10,000 $ - 512400 Communications 7,100 100% $ 7,100 $ - 513000 Utilities 76,000 100% $ - $ 76,000 514100 Departmental Special Supplies 30,310 100% $ 30,310 $ - 514600 Small Tools & Equipment 10,000 100% $ 10,000 $ - 516100 Training & Education 6,690 100% $ 6,690 $ - 516500 Conferences & Conventions 3,400 100% $ 3,400 $ - 516600 Special Events & Meetings 3,500 100% $ 3,500 $ 516700 Memberships & Dues 2,000 100% $ 2,000 $ - 517500 Contributions to Agencies (5) 2,272,000 100% $ - $ 2,272,000 600200 R&M- Equipment 88,000 100% $ 88,000 $ - 600800 Garage Expenses 95,000 100% $ 95,000 $ - 605200 Rental of Land 360,000 100% $ 360,000 $ - 605400 Amortization of Equipment 33,412 100% $ - $ 33,412 614500 Med Services - Special Exam ina 400 100% $ 400 $ - 619800 Other Contractual Services 733,316 75% 25% $ 549,987 $ 183,329 650200 Insurance Premiums - Other 7,680 100% $ 7,680 $ - 650300 Liability Reserve Charge 28,300 100% $ 28,300 $ - 732100 Auto - Rolling Stock & Equipment 43,900 100% $ 43,900 $ - 732150 IT Equipment - Hardware 21,613 100% $ 21,613 $ - 670100 Administrative Charges 655,484 75% 25% $ 491 613 $ 163 871 'Total ,itiaintenarieo,i' O êiabocs ',,q,4 491 105 :0000/ 6 2009 Series A Revenue Doads. 1,606,800 1o,„, ' 1 606,600 $ - 6-rand Total: ReVenue Ohulrennent 1 74005 4,71063 2,120.0 1 This table is used only to. ovaluete the totel pereentago of costs that are fixed vs. enable r .or ••rate design purposes. Appendix B Sewer Rate Study - City of Culver City Prepared by NBS - June 26, 2012 B- 10 3 14 Development of the Volume Allocation Factor °A) of 2010 Volume (Unadjusted) Est. 2010 Volume 4 (ccf) Adjusted 2 Volume Adjusted Vol. Total (ccf) Percent of • Adjusted Vol. Customer Class 101 Single-Family 102 Multi-Family 200 Commercial/Business 300 Cornmercial/Restaurants 400 Institutional 500 Schools/Public 600 Commercial/Hotels 692,263 747,379 370,658 94,232 47,221 3,107 107,860 33.6% 36.2% 18.0% 4.6% 2.3% 0.2% 5.2% 401,513 635,272 370,658 94,232 47,221 3,107 107,860 435,675 689,323 402,195 102,250 51,239 3,371 117,037 24.2% 38.3% 22.3% 5.7% 2.8% 0.2% 6.5% ii6500 Target Total 3 (ccf) Citv Flow4 (MGD 1. City-provided water use data (2011/12 Sewer User Charges, Summary by User code). 2. Single-. and Multi-Family adjustments reflect landscape-irrigation factors. 3. Total effluent from L.A. Hyperion records (effluent flow meters). 4. From flow meter data for April 1, 2010 to March 31, 2011. Email from Public Works Dept. March 29 2012. Development of the Customer Allocation Factor Number of Accounts Adjusted (if needed) Percent of Total Customer Class 101 Single-Family 102 Multi-Family 200 Commercial/Business 300 Commercial/Restaurants 400 Institutional 500 Schools/Public 600 Corn merciaVHotels iroal r 5,736 6,199 1,086 165 57 11 35 4518:1 5,736 6,199 1,086 165 57 11 35 Iji110 .09 1 : 1 43.16% 46.65% 8.17% 1.24% 0.43% 0.08% 0.26% Appendix B Sewer Rate Study — City of Culver City Prepared by NBS — June 26, 2012 B-11 3S Percent of Total 20.96% 33.17% 19.35% 16.02% 3.16% 0.11% 7.22% Avg Strength •Calculated Adjusted TSS Percent of Factor 2 (mg/!) TSS (lb/yr) (lb/yr) Total 478,347 478,347 21.18% 756,839 756,839 33.51% 441,588 441,588 19.55% 405,045 405,045 17.94% 31,964 31,964 1.42% 2,103 2,103 0.09% 142.372 142,372 6.30% ;NOW 2, 285 :258 Ain% 635 oo Avg Strength Factor2 (nigh) Calculated BOO (lb/yr) Adjusted BOD (113/yr) Development of the Strength Allocation Factor 529,986 838,543 489,259 405,045 79,911 2,734 182529 52807, 101 Single-Family 102 Multi-Family 200 Commercial/Business 300 Commercial/Restaurants 400 Institutional 500 Schools/Public 600 . Commercial/Hritels 3 utti 1. Reflects irrigation credits for single-and multi-family classes. 2. Estimated BOD/TSS strength factors are from the City's 2003/04 Engineers Report (Table 2). 3. Estimated 130D/T$S from City's 2003/04 Engineers Report (Table 2): Adjusted Annual Flow (CO / Customer Class 435,675 - 689,323 402,195 102,250 51,239 3,371 117,037 :=1:054iti90 529,986 838,543 489,259 405,045 79,911 2,734 182,529 - 4'96' 635 250 Biochemical Oxygen Demand MOD) Total Suspended Solids (MS) Appendix B B-12 Sewer Rate Study - City of Culver City Prepared by NBS - June 26, 2012