10b. Presentation - 2022 Stormwater Utility Rates
Item No. 10b supp Meeting Date: September 14, 2021 Marine Stormwater Utility 2022 Rate Adoption September 14, 2021 Jane Dewell, Senior Manager, Marine Stormwater Utility Srini Pendikatla, Program Manager, Marine Stormwater Utility Stormwater Utility Rate Recommendation Recommend 4.6% rate increase in 2022 guided by Advisory Steering Committee (same as 2020 forecast) Rate criteria includes: Maintain adequate budget to meet Port's Long-range Plan and Utility Charter responsibilities Continue investment to maintain and improve a high functioning stormwater system to protect water quality Maintain a 6-month operations and maintenance reserve consistent with Port policy and best practices Maintain consistent rate over the 5-year projection 2 Stormwater Utility Operating Budget 2021 Approved 2022 Proposed $ in 000's 2020 Actual 2021 Forecast Budget Budget Revenue 6,374 6,464 6,464 6,768 Expenses SWU Admin 2,353 2,453 2,144 2,647 Maintenance 1,696 3,635 2,726 3,302 Total Expense 4,234 6,088 4,870 5,949 Capital Program 326 1,400 1,114 1,000 3 2022 Proposed Annual Rates City 2022 Port 2022 Port rate % lower Stormwater Rate Category Rates are shown as $ per 1000 sq. ft. than City Undeveloped (0 15% Impervious) Regular Impact $53.75 $41.23 30.35% Low Impact $31.98 $24.14 32.48% Light ( 16 35% Impervious) Regular Impact $80.28 $63.76 25.91% Low Impact $62.85 $50.15 25.32% Medium (36 65% Impervious) Regular Impact $114.19 $92.61 23.31% Low Impact $92.31 $74.49 23.92% Heavy ( 66 85% Impervious) $151.14 $124.25 21.64% Very Heavy (86 100% Impervious) $180.07 $146.97 22.52% 4 Appendix Action Requested Request Commission authorization for the Executive Director to set 2022 Marine Stormwater Utility rates with an increase of 4.6 percent 6 Utility History & Highlights 2014 Stormwater Utility Charter adopted by Commission 2016-2021 Completed 60 urgent repairs and installed 25 tide gates 2019 Completed full stormwater system assessment - 70 mi 2020 Utility funds all stormwater regulatory work 2021 Completed infrastructure projects: T18 outfalls, T25 oil-water separator, pipe replacements Completed first strategic plan identifying guiding principles and future work for 2021-2025 7 Strategic Plan 8 2022 Proposed Budget Summary Capital Budget of $1M Maintenance Budget of $3.3M Pipe rehabilitation (replacement Pipe re-assessments and repair and cure-in-place lining) Dock and plaza cleaning Drainage improvements Catch basin inspections and clean out Administrative budget of $2.6M Roof inspections Staff costs Inspections of tide gates and municipal permit treatment Consultant support systems Utility taxes Sweeping municipal permit Allocations and overhead properties 9 Port Rates Continue Below City Rates $185.00 City $175.00 $165.00 22.5% $155.00 18% Port $145.00 13.3% $135.00 13.5% 15.7% $125.00 $115.00 2018 2019 2020 2021 2022 10 Tenant Monthly Impact of 4.6% Increase Commercial Tenant Industrial Tenant Suite within Fishermen's Large container facility (2 Terminal Center Building million sq ft) (2,260 sq ft) Increase of $1,109 per Increase of $1.06 per month on a $24,112 bill month on a $25.66 bill 11 Request Adoption of 2022 Rate Questions? 12
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