Loading...
FY 10-11 BAWA Adopted BudgetBaytown Area Water Authority (BAWA) ANNUAL PROGRAM OF SERVICES 2010 -11 ADOPTED BUDGET Baytown Area Water Authority (BAWA) Garry Brumback General Manager Darryl Fourte Plant Manager Cynthia Pearson Director of Finance AUTHORITY (BAwA) ORGANIZATION CHART BAYTOWN AREA WATER AUTHORITY BOARD OF DIRECTORS JOHN R. SANDHOP, President DAN M. MUNDINGER, Vice President BRENDA BRADLEY SMITH, Secretary LETICIA GARZA, Assistant Secretary WAYNE BALDWIN, Director WILLIAM GIDLEY, Director BAYTOWN AREA WATER AUTHORITY 7425 Thompson Road, Baytown, Texas 77521 -1056 (281) 426 -3517 FAX (281) 426 -3519 August 18, 2010 President and Directors of the Baytown Area Water Authority Board Baytown Area Water Authority Baytown, Texas It is my pleasure to present the 2010 -11 Adopted Budget for the Baytown Area Water Authority (BAWA). The Budget sets forth the revenues and appropriations for the fiscal year October 1, 2010 through September 30, 2011. The financial guidance provided by the Board has resulted in BAWA's ability to maintain a system that consistently provides a dependable and high quality water supply to the City of Baytown and surrounding communities. BAWA's largest recent project, the construction of a second water supply line serving the City of Baytown, is funded partially from non - recurring revenues to reduce the amount of debt issued. This project, which was completed early 2009, will provide reliability to BAWA's largest customer, the City of Baytown, which currently constitutes approximately 89% of BAWA's water sales. BAWA utilized a loan from the Texas Water Development Board (TWBD) for funding of the second water supply line and Phase II improvements. The loan received from the TWDB Drinking Water State Revolving fund has interest rates ranging from 2.25% to 3.15% as compared to a range of 4.00% to 6.00% interest rates for insured bonds sold on the market. Since TWDB's loan program reimburses BAWA as funds are expended, the full debt payments will not occur until the project is complete. Funding requests are submitted to TWDB as invoices are received from the contractor. As of June 30, 2010, $9,975,000 of the total $13,290,000 has been funded. The City of Baytown Water and Sewer Fund paid for the cost of the City to tie -in to the new BAWA supply line to pay for their portion of the project. The City's portion of the project cost is approximately $1,000,000. A continuing transfer from the City's water and sewer fund is included for that portion of the debt payment. In January of 2006, the EPA approved the Long Term 2 Enhanced Surface Water Treatment (LT2) Rule and the Stage 2 Disinfection Byproducts (DBP) Rules. With respect to the LT2 rule, systems that serve a population of less than 100,000 began the monitoring schedule in January 2007. The schedule is as follows: Submit Sampling Plan January 1, 2007 Begin source water monitoring April 1, 2007 Report bin classification October 1, 2009 Comply with additional treatment requirements (Ozone) October 1, 2012 The data collected during the 2 year monitoring period determined that Ozone is not required for treatment to be implemented at the BAWA surface water treatment plant. The Stage 2 DBP rule pertains to the City of Baytown distribution system only. BAWA has received the Small System waiver and does not have to monitor the by- products listed in the rule. We have completed the LT2 process for this reporting period. The next sampling, monitoring, and reporting period will begin in 2015. BAWA has managed tough times by planning ahead and being proactive. In May 2009, Burton & Associates was retained to perform a rate study to evaluate the adequacy of the revenue provided by its current rates to meet its financial requirements over a five -year planning period and ten -year projection period. The Rate Study was completed and Final Report submitted May 13, 2010. Utilizing the recommendations from the Rate Study will allow BAWA to successfully manage increases in major operating cost components such as: water supply costs from the City of Houston, electricity, chemicals, and medical insurance expenses; as well as the funding of a $20 million five -year capital improvement program. The City of Houston notified BAWA of a 0.3% rate increase effective April 1, 2010, for untreated water purchased from the City of Houston. The rates increased from $0.4533 to $0.4546 per 1,000 gallons. The City of Houston's Code of Ordinances provides that water and sewer rates be adjusted automatically each year in April to reflect the previous year's percentage change to the Houston - Galveston Area Consumer Price Index (CPI). Future annual rate adjustments will also be relative to the CPI and population growth. On May 14, 2010, the City of Houston notified BAWA of another rate increase effective June 1, 2010, for untreated water purchased from the City of Houston. BAWA's cost for raw water increased from $0.4546 to $0.5647 per 1,000 gallons (24.22 %). This increase was the result of the City of Houston's recent rate study. Recommendations from the rate study were presented to Houston's Mayor and City Council. After an in -depth review of all the information provided rate increases were approved. Burton & Associates has calculated the effect of this substantial increase and the BAWA Board has approved a rate increase of $0.25 per 1,000 gallons (14.5 %) for BAWA's customers. The adopted budget includes an increase of 14.5% to adjust for the untreated water rate increases and debt associated with the capital program. Rates will be adjusted in future budgets to reflect funding needs based on the rate study and actual operational needs including debt service requirements. The capital improvements and efficient 24/7 operations at BAWA are designed to provide the foundation for growth in sales and continued reliable service of the highest quality water for our customers. I look forward to reviewing this document with you. Sincere Garry Brumb Gene anager MAJOR BUDGET ISSUES Fiscal Year 2010 -11 BAYTOWN AREA WATER AUTHORITY This fund accounts for the operations of the Baytown Area Water Authority (BAWA). BAWA is a water authority created by the Texas Legislature to supply water for the City of Baytown (City) and surrounding communities. BAWA services a total of eight customers with the City as the largest customer, generating approximately 89% of BAWA's annual sales. BAWA is a separate legal entity; however, it is considered a component unit of the City. Since it began operating, BAWA has not experienced shortages of raw water supply to the plant or interruptions of service to its customers. REVENUES The 2010 -11 adopted budget estimates sales of $8,598,597 for an average of 12.000 million gallons per day (MGD). Fluctuations to rainfall amounts can significantly impact actual sales. A $0.25 rate increase, effective October 1, 2010, is included in the 2010 -11 adopted budget. The existing rate structure of $1.71 per 1,000 gallons for the City of Baytown and $1.74 per 1,000 gallons for customers outside the city will increase to $1.96 and $1.99 respectively. This will cover the increased cost of operations, including debt service and the purchase of raw water. This increase in rates is expected to generate $1,403,597 in additional revenue. EXPENDITURES Total operating expenditures for the adopted 2010 -11 budget are $5,197,423, an increase of $115,957 from the 2009 -10 budget. The budget also includes a transfer of $50,000 to the General Fund for an indirect cost allocation to reimburse the City for administrative services such as Human Resources, Fiscal Operations, Legal and Information Technology Services. Highlights of major operating changes are as follows: • Decrease in personnel services $ (15,228) • Increase in supplies (Primarily raw water rate increase) 300,747 • Decrease in maintenance (32,535) • Decrease in services (137,027) • Increase in capital outlay 142,080 Raw Water Supply Cost — BAWA purchases raw water from the City of Houston. The raw water supply contract with the City of Houston is in effect through the year 2040, and sets the maximum amount of raw water to be delivered to the BAWA plant at 15.8 MGD without penalties. The surcharge for water purchased over the 15.8 MGD is nominal at this time. BAWA received notice of a rate increase (0.3 %) from $0.4533 to $0.4546 effective April 1, 2010. The City of Houston notified BAWA of another rate increase (24.22 %) effective June 1, 2010, from $0.4546 to $0.5647 per 1,000 gallons. Debt Service — The transfer to cover the debt service requirement for existing debt for the adopted 2010 -11 budget is $2,163,281. MAJOR BUDGET ISSUES Fiscal Year 2008 -09 CAPITAL IMPROVEMENT PROGRAM The Capital Improvement Program for BAWA is funded primarily through the issuance of revenue bonds. • BAWA has just started a plant assessment to determine needs for improvement, repair, and replacement of equipment at the plant. Most of the equipment in service has been in use since the start up of the plant in 1981. Systems to be evaluated include the plant electrical system, filter systems, sedimentation basins, pumps and motors, chemical feed systems including optimization of chemical feeds, Supervisory Control and Data Acquisition (SCADA), and other systems within the plant. The BAWA board approved the contract for engineering services to perform this work in May 2010 for approximately $620,000. Previously there was one line supplying water to BAWA's major customer, the City of Baytown. The BAWA board approved a contract for the design for the second line in 2004. The project was approved by TWDB and the BAWA Board and the City Council awarded the contract in the spring of 2006. The project is partially funded from non - recurring revenues and CIP funds to reduce the amount of debt requirements. TWDB debt has been issued for the balance. The total estimated cost is $10.5 million for the BAWA line with $1,000,000 funded by the City of Baytown for extending their lines to connect with the new supply line. This project was completed in early 2009. WORKING CAPITAL In order to maintain fiscal stability, governmental entities maintain a working capital balance to meet daily liquidity needs. Appropriate levels of working capital vary from entity to entity based on the relative impact of particular circumstances or financial conditions. Working capital is defined as current assets (e.g., cash, investments and accounts receivable) less current liabilities (e.g., accounts payable). The Revenue Sufficiency Analysis (RSA) completed May 13, 2010, by Burton & Associates recommends BAWA maintain a Working Capital Reserve balance equal to 2.5 months (76) days of total expenses. With the adoption of the 2010 -11 Budget, BAWA will reach its targeted Working Capital Reserve; increase Contingency from $40,000 to $75,000; plus be able to transfer out $1,000,000 to BAWA's Capital Improvement Project Fund (CIPF). The $1,000,000 will be available for funding future capital projects, and to help downsize future borrowing requirements. BAYTOWN AREA WATER AUTHORITY FUND 510 BUDGET SUMMARY BY FUND Actual Budget Estimated Adopted 2008.09 2009 -10 2009 -10 2010 -11 Revenues 826,575 920,448 836,286 905,220 Sale of Water - Baytown $ 6,022,370 $ 6,475,000 $ 6,678,405 $ 7,683,396 Sale of Water - Other 717,160 720,000 800,226 915,201 Interest Revenue 2,462 2,000 1,630 1,630 Mineral Royalties 221 - - - Miscellaneous 189 - 415 - Transfer From Water & Sewer Fund 68,000 68,000 68,000 58,100 Total Revenues 6,810,402 7,265,000 7,548,676 8,658,327 Expenditures Personnel Services 826,575 920,448 836,286 905,220 Supplies 2,908,025 2,914,718 2,636,000 3,215,465 Maintenance 426,480 259,300 264,300 226,765 Services 777,093 987,000 752,799 849,973 Total Operating 4,938,173 5,081,466 4,489,385 5,197,423 Capital Outlay - 74,668 71,748 216,748 Transfers Out - Debt Service 2,016,570 1,996,706 2,058,930 2,163,281 Transfers Out - General Fund 50,000 50,000 50,000 50,000 Transfers Out - Capital Improvement - - - 1,000,000 Contingency - 40,000 40,000 75,000 Total Expenditures 7,004,743 7,242,840 6,710,063 8,702,452 Excess (Deficit) Revenues Over Expenditures (194,341) 22,160 838,613 (44,125) Working Capital - Beginning 1,206,751 1,012,410 1,012,410 1,851,023 Debt Service Reserve - - - Working Capital - Ending $ 1,012,410 $ 1,034,570 $ 1,851,023 $ 1,806,898 No. of Working Capital Days 53 52 101 76 G BAWA - CAPITAL IMPROVEMENT PROGRAM FUND 518 BUDGET SUMMARY BY FUND Carried- Carried - Actual forward Adopted Adjustments Budget Estimated forward Allocation Budget 2008 -09 2008 -09 2009 -10 2009 -10 2009 -10 2009 -10 2009 -10 2010 -11 2010 -11 Revenues Transfer In from Operating Fund $ - $ - $ - $ - $ 1,000,000 $ 1,000,000 Interest Revenue 11,388 - 4,800 - 4,800 2,400 - 2,400 2,400 FEMA Reimbursements 53,080 - - - - - - - - Total Revenues 64,468 - 4,800 - 4,800 2,400 - 1,002,400 1,002,400 Expenditures BAWA Admin Bldg -A/C Repairs 4,124 - - - - - - BAWA Second Supply Line 18,720 - - - - - - - Thompson Rd Utility Relocation - 500,000 - (331,812) 168,188 121,872 46,316 - 46,316 BAWA Plant Improvements - - - 618,794 618,794 30,000 588,794 - 588,794 Capital Assets - 23,000 - (11,610) 11,390 11,390 - - - New Capital Project Initiatives 31,968 851,107 19,221 (275,372) 594,956 - 592,556 1,002,400 1,594,956 Total Expenditures 54,812 1,374,107 19,221 - 1,393,328 163,262 1,227,666 1,002,400 2,230,066 Excess (Deficit) Revenues 9ver Expenditures Working Capital - Beginning Working Capital - Ending 9,656 (1,374,107) (14,421) (1,388,528) (160,862) (1,227,666) (1,227,666) 1,378,872 1,388,528 14,421 - 1,388,528 1,388,528 1,227,666 - 1,227,666 $ 1,388,528 $ 14,421 $ - $ - $ - $ 1,227,666 $ - $ - $ - CITY OF BAYTOWN PROGRAM SUMMARY 3070 BAYTOWN AREA WATER AUTHORITY BAWA Program Description Operate and maintain a 26 MGD surface water treatment facility with a project raw water flow of 13.0 MGD and projected finished water flow of 12 MGD in fiscal year 2010 -2011 which currently serves 8 customers with the City of Baytown using 89% of production. Ensure compliance with the Texas Commission on Environmental Quality (TCEQ) Rules and Regulations for Public Water Supplies adopted in 1974 under the Safe Drinking Water Act and amended over the years to include the National Primary Drinking Water Regulations, and Surface Water Treatment Rule and various other regulatory rules. Provide BAWA's customers with high quality, safe drinking water and consistent water pressure for fire protection. Workload Measures 1. Primary Customers 2. Average MGD of raw water treated 3. Average MGD of finished water produced Performance Measures Major Goals • Maintain water quality necessary to be classified as "Meeting Optimum Corrosion Control" by TCEQ. • Maintain "Superior Public Water System" status. • Maintain Optimization Standards as classified by TCEQ's Texas Optimization Program. • Develop and maintain a staff of highly trained water professionals to better serve customers. Major Objectives • Produce 12 MGD of finished water. • Maintain finished water turbidity consistently less than 0.1 NTU. • Provide QA/QC and mathematical training for personnel. Actual Budget Estimated Projected 2008 -09 2009 -10 2009 -10 2010 -11 8 8 8 8 13.07 11.5 12 12 12.39 11.5 12 12 1. Days without interruption of service 365 365 365 365 2. Days finished water turbidity <0.1 NTU 365 365 365 365 3. Maintain Running Annual Average Distribution Chloramine Residual <4.0 mg/L 365 365 365 365 CITY OF BAYTOWN SERVICE LEVEL BUDGET 3070 BAYTOWN AREA WATER AUTHORITY Actual Budget Estimated Adopted Acct# Acct Description 2008 -09 2009 -10 2009 -10 2010 -11 7100 Personnel Services 71031 Contract Personnel Services $ 826,575 $ 920,448 $ 836,286 $ 905,220 Total Operating 4,938,173 5,081,466 4,489,385 5,197,423 12 Total Personnel Services 826,575 920,448 836,286 905,220 7200 Supplies 72001 Office 4,852 4,000 4,000 3,600 72002 Postage 881 900 750 460 72007 Wearing Apparel 5,195 5,000 6,100 5,850 72016 Motor Vehicle 5,307 12,000 12,000 12,800 72021 Minor Tools 1,130 1,400 2,500 1,540 72026 Cleaning & Janitorial 1,466 2,000 1,600 2,000 72031 Chemical 883,399 812,100 525,000 644,700 72032 Medical 1,098 1,000 750 1,000 72041 Educational 850 1,300 1,300 8,500 72051 Untreated Water 1,970,760 2,045,018 2,050,000 2,504,265 72055 Laboratory Supplies 33,087 30,000 32,000 30,750 Total Supplies 2,908,025 2,914,718 2,636,000 3,215,465 7300 Maintenance 73011 Buildings 4,764 6,300 6,300 6,300 73021 Filtration Plants 683 - - - 73025 Streets Sidewalks & Curbs 4,496 8,000 7,500 8,200 73027 Heating & Cooling System 900 2,000 2,000 2,500 73028 Electrical Maintenance 139,971 84,000 95,000 61,635 73041 Furniture & Fixtures 2,831 2,500 2,500 2,565 73042 Machinery & Equipment 265,365 150,000 145,000 139,415 73043 Motor Vehicles 7,470 6,000 6,000 6,150 73045 Radio & Testing Equipment - 500 - - Total Maintenance 426,480 259,300 264,300 226,765 7400 Services 74001 Communication 5,302 4,300 6,000 4,673 74002 Electric Service 624,411 675,000 620,000 675,000 74011 Equipment Rental 21,452 10,000 6,500 10,250 74021 Special Services 78,803 241,900 65,000 107,600 74022 Audits 11,825 13,150 13,150 13,150 74036 Advertising 89 700 950 700 74041 Travel & Reimbursables 2,650 6,100 2,500 2,500 74042 Education & Training 4,715 8,200 8,200 8,450 74071 Association Dues 1,182 800 750 800 74210 General Liability Insurance 3,199 3,500 3,500 3,500 74220 Errors & Omissions 4,591 5,000 5,000 5,000 74240 Auto Liability 556 600 600 600 74242 Auto Catastrophic 26 30 30 30 74271 Mobile Equipment 399 400 503 400 74272 Real & Personal Property 17,893 17,000 19,693 17,000 74280 Bonds - 20 123 20 74281 Employee Fraud - 300 300 300 Total Services 777,093 987,000 752,799 849,973 Total Operating 4,938,173 5,081,466 4,489,385 5,197,423 12 CITY OF BAYTOWN SERVICE LEVEL BUDGET 3070 BAYTOWN AREA WATER AUTHORITY Actual Budget Estimated Adopted 4cct# Acct Description 2008 -09 2009 -10 2009 -10 2010 -11 8000 Capital Outlay 80001 Fumiture & Equip.< $5,000 83031 Fences 84042 Machinery & Equipment 85001 Construction 86011 Capital Lease Purchases Total Capital Outlay 9000 Other Financing Uses $ - $ 2,920 $ - $ - 35,000 - - 110,000 71,748 71,748 71,748 74,668 71,748 216,748 92101 To General Fund 50,000 50,000 50,000 50,000 91511 To BAWA Debt Service 2,016,570 1,996,706 2,058,930 2,163,281 91518 To BAWA CIPF - - - 1,000,000 Total Other Financing Uses 2,066,570 2,046,706 2,108,930 3,213,281 9900 Contingencies 99001 Contingencies - 40,000 40,000 75,000 Total Contingencies - 40,000 40,000 75,000 TOTAL DEPARTMENT $ 7,004,743 $ 7,242,840 $ 6,710,063 $ 8,702,452 13 BAYTOWN AREA WATER AUTHORITY REVENUE BONDS LONG TERM DEBT AMORTIZATION SCHEDULES Principal Requirements Principal Revenue Amount of Outstanding Fiscal Year 2010 -11 Outstanding Bonds Issue Oct. 1, 2010 1 Principal Interest Total Sept. 30, 2011 Series, 1999 $ 9,095,000 $ 610,000 $ 610,000 $ 31,110 $ 641,110 $ - Series, 2002 3,800,000 2,595,000 205,000 130,274 335,274 2,390,000 Series, 2006 13,290,000 11,075,000 565,000 312,285 877,285 10,510,000 Series, 2007 6,505,000 6,380,000 45,000 259,613 304,613 6,335,000 Total $ 20,660,000 $ 1,425,000 $ 733,281 $ 2,158,281 $ 19,235,000 Combined BAWA Debt, All Series Total $ 20,660,000 $ 5,240,431 $ 25,900,431 Debt Requirements to Maturity Combined BAWA Debt, All Series Fiscal Principal Total Total Year 5101 Interest Requirement Debt Requirement to Maturity 2011 $ 1,425,000 $ 733,281 $ 2,158,281 2012 1,490,000 676,126 2,166,126 2013 1,535,000 624,301 2,159,301 2014 1,590,000 569,911 2,159,911 2015 1,645,000 512,621 2,157,621 2016 1,710,000 452,691 2,162,691 2017 1,765,000 389,961 2,154,961 2018 1,830,000 324,799 2,154,799 2019 1,900,000 254,346 2,154,346 2020 1,030,000 180,658 1,210,658 2021 735,000 143,588 878,588 2022 755,000 122,273 877,273 2023 775,000 100,000 875,000 2024 800,000 76,750 876,750 2025 825,000 52,350 877,350 2026 850,000 26,775 876,775 Total $ 20,660,000 $ 5,240,431 $ 25,900,431 14 Combined BAWA Debt, All Series Dlnterest Debt Requirement to Maturity 2.500 ■Principal 2.000 ST c � 1.500 0 3 1.000 Q 5 0.500 0.000 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Fiscal Year 14 BAYTOWN AREA WATER AUTHORITY REVENUE BONDS DETAIL DEBT AMORTIZATION SCHEDULES Fiscal Interest Principal Interest Interest Annual Principal Total Year Rate Due 5101111 Due 5101111 Due 11/01110 Requirement Outstanding Outstanding Revenue Bond, Series 1999 Bond, Series 2002 Date of Issue - November 1, 1999 Date of Issue - January 10, 2002 Term - 20 Years Term -19 Years 2,175,000 2,698,809 2013 4.800% 230,000 54,601 $ 2,612,145 2007 7.000% $ 245,000 $ 63,705 $ - $ 308,705 $ 2,010,000 2,303,440 2008 7.000% 265,000 55,130 55,130 375,260 1,745,000 1,928,180 2009 5.700% 550,000 45,855 45,855 641,710 1,195,000 1,286,470 2010 5.000% 585,000 30,180 30,180 645,360 610,000 641,110 2011 5.100% 610,000 15,555 15,555 641,110 - - $ 2,255,000 $ 210,425 $ 146,720 $ 2,612,145 Revenue Bond, Series 2002 215,000 Date of Issue - January 10, 2002 59,653 Term -19 Years 2,175,000 2,698,809 2013 4.800% 230,000 54,601 54,601 $ 6,040,949 2002 2,359,608 $ - $ 81,895 $ - $ 81,895 $ 3,800,000 5,959,054 2003 2,021,446 - 98,274 98,274 196,549 3,800,000 5,762,505 2004 5.500% 150,000 98,274 98,274 346,549 3,650,000 5,415,956 2005 5.500% 155,000 94,149 94,149 343,299 3,495,000 5,072,658 2006 5.500% 165,000 89,887 89,887 344,774 3,330,000 4,727,884 2007 5.500% 170,000 85,349 85,349 340,699 3,160,000 4,387,185 2008 5.500% 180,000 80,674 80,674 341,349 2,980,000 4,045,836 2009 5.500% 190,000 75,724 75,724 341,449 2,790,000 3,704,388 2010 5.500% 195,000 70,499 70,499 335,999 2,595.000 3.368.389 2012 4.700% 215,000 59,653 59,653 334,306 2,175,000 2,698,809 2013 4.800% 230,000 54,601 54,601 339,201 1,945,000 2,359,608 2014 4.900% 240,000 49,081 49,081 338,161 1,705,000 2,021,446 2015 5.000% 250,000 43,201 43,201 336,401 1,455,000 1,685,045 2016 5.000% 265,000 36,951 36,951 338,901 1,190,000 1,346,144 2017 5.000% 275,000 30,326 30,326 335,651 915,000 1,010,493 2018 5.100% 290,000 23,451 23,451 336,901 625,000 673,591 2019 5.125% 305,000 16,056 16,056 337,111 320,000 336,480 2020 5.150% 320,000 8,240 8,240 336,480 - - $ 3,800,000 $ 1,161,422 $ 1,079,527 $ 6,040,949 15 BAYTOWN AREA WATER AUTHORITY REVENUE BONDS DETAIL DEBT AMORTIZATION SCHEDULES Fiscal Interest Principal Interest Interest Annual Principal Total Year Rate Due 5101111 Due 5101111 Due 11!01!10 Requirement Outstanding Outstanding Revenue Bond, Series 2006 2.400% Date of Issue -June 14, 2006 149,504 Term - 20 Years 879,008 9,930,000 12,271,890 2013 2.500% 590,000 142,544 $17,537,835 2007 2.250% $ 595,000 $ 283,082 $ - $ 878,082 $12,695,000 16,659,753 2008 2.250% 530,000 174,640 174,640 879,280 12,165,000 15,780,473 2009 2.300% 540,000 168,678 168,678 877,355 11,625,000 14,903,118 2010 2.300% 550,000 162,468 162,468 874,935 11,075,000 14,028,183 2011 2.350% 565,000 156,143 156,143 877,285 10,510,000 13,150,898 2012 2.400% 580,000 149,504 149,504 879,008 9,930,000 12,271,890 2013 2.500% 590,000 142,544 142,544 875,088 9,340,000 11,396,803 2014 2.600% 605,000 135,169 135,169 875,338 8,735,000 10,521,465 2015 2.650% 620,000 127,304 127,304 874,608 8,115,000 9,646,858 2016 2.700% 640,000 119,089 119,089 878,178 7,475,000 8,768,680 2017 2.750% 655,000 110,449 110,449 875,898 6,820,000 7,892,783 2018 2.800% 675,000 101,443 101,443 877,885 6,145,000 7,014,898 2019 2.850% 695,000 91,993 91,993 878,985 5,450,000 6,135,913 2020 2.900% 710,000 82,089 82,089 874,178 4,740,000 5,261,735 2021 2.900% 735,000 71,794 71,794 878,588 4,005,000 4,383,148 2022 2.950% 755,000 61,136 61,136 877,273 3,250,000 3,505,875 2023 3.000% 775,000 50,000 50,000 875,000 2,475,000 2,630,875 2024 3.050% 800,000 38,375 38,375 876,750 1,675,000 1,754,125 2025 3.100% 825,000 26,175 26,175 877,350 850,000 876,775 2026 3.150% 850,000 13,388 13,388 876,775 - - $13,290,000 $ 2,265,458 $ 1,982,376 $ 17,537,835 Rev. Refunding Bond, Series 2007 Date of Issue - February 1, 2007 128,906 Term -13 Years 952,813 5,640,000 6,605,325 2013 4.000% $ 8,842,941 2007 $ - $ 66,153 $ - $ 66,153 $ 6,505,000 8,776,788 2008 4.000% 40,000 132,306 132,306 304,613 6,465,000 8,472,175 2009 4.000% 40,000 131,506 131,506 303,013 6,425,000 8,169,163 2010 4.000% _ 45,000 130,706 306,413 6,380,000 7,862,750 2012 4.000% 695,000 128,906 128,906 952,813 5,640,000 6,605,325 2013 4.000% 715,000 115,006 115,006 945,013 4,925,000 5,660,313 2014 4.000% 745,000 100,706 100,706 946,413 4,180,000 4,713,900 2015 4.000% 775,000 85,806 85,806 946,613 3,405,000 3,767,288 2016 4.000% 805,000 70,306 70,306 945,613 2,600,000 2,821,675 2017 4.000% 835,000 54,206 54,206 943,413 1,765,000 1,878,263 2018 4.250% 865,000 37,506 37,506 940,013 900,000 938,250 2019 4.250% 900,000 19,125 19,125 938,250 - - $ 6,505,000 $ 1,202,047 $ 1,135,894 $ 8,842,941 16 City of Houston Untreated Water Rates Year Rate 04181 .22142 02183 .24157 10186 .25123 10187 .28022 01188 .26591 FIRST 150 MGD /PER 1,000, .26113 NEXT 150 MGD 08188 .28426 FIRST 300 MGD /PER 1,000, .27915 NEXT 300 MGD 07/89 .29344 FIRST 300 MGD /PER 1,000, .28817 NEXT 300 MGD 08/90 .31178 FIRST 300 MGD /PER 1,000, .30618 NEXT 300 MGD 02192 .31820 FIRST 300 MGD /PER 1,000, .31249 NEXT 300 MGD 10193 .32907 FIRST 300 MGD /PER 1,000, .32316 NEXT 300 MGD 10194 .37192 (GRACE UP TO 13.1 MGD. IF WE GO OVER, THEN 5% ADDED TO ANYTHING OVER 11.9 06104 .385 (GRACE UP TO 13.1 MGD. IF WE GO OVER, THEN 5% ADDED TO ANYTHING OVER 11.9) 04105 .398 (GRACE UP TO 17.38 MGD. IF WE GO OVER, THEN 5% ADDED TO ANYTHING OVER 15.8 04106 .4123 (GRACE UP TO 17.38 MGD. IF WE GO OVER, THEN 5% ADDED TO ANYTHING OVER 15.8 04107 .4238 (GRACE UP TO 17.38 MGD. IF WE GO OVER, THEN 5% ADDED TO ANYTHING OVER 15.8 04108 .4314 (GRACE UP TO 17.38 MGD. IF WE GO OVER, THEN 5% ADDED TO ANYTHING OVER 15.8 04109 .4533 (GRACE UP TO 17.38 MGD. IF WE GO OVER, THEN 5% ADDED TO ANYTHING OVER 15.8 04110 .4546 (GRACE UP TO 17.38 MGD. IF WE GO OVER, THEN 5% ADDED TO ANYTHING OVER 15.8 06110 .5647 (GRACE UP TO 17.38 MGD. IF WE GO OVER, THEN 5% ADDED TO ANYTHING OVER 15.8 Baytown Area Water Authority Treated Water Rates 17 Increase Year Rate Amount Comments 1981 $0.97 COB 1985-1987 $0.97 COB, $1.00 Other Result of rising operating cost. (Raw 1988-1992 $1.07 COB, $1.10 Other $0.10 water rates up 25% 1993-1998 $1.18 COB, $1.21 Other $0.11 Result of increase in raw water rates. 1999-2006 $1.26 COB, $1.29 Other $0.08 Funding for plant expansion debt Funding for new water line debt and City 2007 $1.39 COB, $1.42 Other $0.13 of Houston rate increase. Funding for new water line debt and City 2008 $1.46 COB, $1.49 Other $0.07 of Houston rate increase. Funding for new water line debt, other operating increases and City of Houston 2009 $1.55 COB, $1.58 Other $0.09 rate increase. Funding for new water line debt, other operating increases and City of Houston 2010 $1.71 COB, $1.74 Other $0.16 rate increase. Funding for new water line debt, other operating increases and City of Houston 2011 $1.96 COB, $1.99 Other 1 $0.25 Irate increase. 17 yNO CITY OF HOUSTON Annise 0. Parker Public Works and Engineering Department IMPORTANT NOTICE Mayor Michael S MarCOlte. P E.. D WRE. BCE Director P 0 eox 4663 Houston, Texas 772104a63 WWW houstontx gov NOTIFICATION OF WATER RATE ADJUSTMENT Effective April 1, 2010, water and sewer rates were adjusted upward by 0.3 %. The City of Houston's Code of Ordinances provides that water and sewer rates be adjusted automatically each year in April to reflect the previous year's percentage change to the Houston- Galveston Area Consumer Price Index (CPI). These new rates will appear on your April 2010 billing which you will receive in May. NEW RATES AND CHARGES Classification Rate Contract Treated Water P x $2.190 plus (P -M) x $.612 • Untreated Water Rates where there is no contract First 10,000,000 nallons $1.137 per 1,000 gallons Next 10,000,000 gallons $1.022 per 1,000 gallons Next 30,000,000 gallons $0.963 Per 1,000 aallons Next 100,000,000 gallons $0.905 per 1,000 gallons Excess of 150 000,000 gallons $0.876 per 1,000 gallons Untreated Water Rates under written contracts $0.4546 per 1,000 ga llons P = Total water delivery during the month in thousand gallons, except if the minimum monthly specified in the customer's contract is greater than P, P shall equal M. M = Minimum monthly amount of water specified in the customer's contract expressed in units of one thousand gallons. For further information, please: Refer to the Rates and Prices or the Billing and Payment section of your contract Visit: htto: //Www.houstontx.00v /codes/ (Sections 47 -61 and 47 -84 et seq.) Please contact Maria Carrillo at Utility Customer Service at (713) 371 -1072 if you have specific questions about your bill. 18 May 14, 2010 CITY OF HOUSTON Annise D. Parker Public Works and Engineering Mayor Department Michael S. Marcella, P.E.. D.WRE, SCEE Director P.O. Box 1582 Houston, Texas 77251 -1562 www.haustonblgov RE: Proposed Water/Wastewater Rate Increase Dear Industrial Water Customer: Over the last few years, the City of Houston has realized a significant increase in the price of chemicals, electricity and other costs related to the processing and distribution of clean drinking water for our customers. While we have made modest rate increases in recent years, the Combined Utility System (CUS) has not charged the full cost of service to many of its customers for some time. Because of these cost increases, the CUS hired consultants to conduct an efficiency study last year. The recommendations from this study have been Implemented and will continue to result In savings in the coming years. Other steps have been taken to reduce costs, such as renegotiating contracts when price reductions are possible due to economic conditions, and re- engineering our water treatment processes to take advantage of less costly chemicals. However, cost reductions alone cannot make up for the deficit the CUS is experiencing. In order to ascertain how to equitably implement a needed rate increase, a consultant was retained to undertake a rate study to determine the cost of service for each customer classification, including residential, multi - family, commercial, and industrial water customers. Recommendations from the rate study were presented to the Mayor and City Council over the past few months. After an In -depth review of all the information provided, a rate increase was approved for each customer classification. The new rate structure is based on the cost to provide water and wastewater services to each of these groups. Additionally, any future annual Increases will be based on the Producer Price Index, which provides an accurate reflection of the yearly cost increases the city is experiencing for water production, wastewater treatment, system maintenance and infrastructure replacement. Enclosed is a table that highlights the new rates that will take effect on .tune 1, 2010 for the Industrial Water Customer;. These water rates are available on the City of Houston website and can be accessed at www.houstonwaterbills.ora. If you have any questions, please contact Rebecca Savory at 713/371 -1194 Sincerely, a&AaAl-e-vera Michael S. Marcotte, P.E., D.WRE, BCEE SB 19 CouaeiJ Members: Brenda Stardtq Jarvis Johnsen Anne Clutterbuck Wanda Adams Me SWWW Al NORM ODD Pennfnglon Edward Gonwies James G. Rodrigues Stephen C Castello Sue Lovell Musa No fts CO. `Brad' Bradford ]olanda `Jo• Jones Om"Uer: Ronald C Green Excerpt for Raw Water Customer Rates This rate change will be effective June 1, 2010 "Sec. 47.84. Statement of policy; standard untreated water rates. (a) Application. This division applies to all sales of untreated water by the city. (b) Contracts. The policy of the city is that the provisions of this division shall be deemed a part of every city contract for sale of untreated water for industrial, municipal, or agricultural use. (c) No wananty. It is the city's policy that no guarantees or warranties of any sort shall be made with respect to continued service, water quality, prices, quantity, pressure or any other matter relating to the furnishing of untreated water, unless such guarantee or warranty is contained in a written contract approved by city council. (d) Standard rates. When no contract is in effect, there are no warranties or guarantees of any sort, nor shall there be any minimum monthly quantity, and any water taken by any such customer in the absence of a water supply contract shall be paid for at the following rates per month: (1) First 10,000,000 gallons, $1.4127 per 1,000 gallons. (2) Next 90,000,000 gallons, $1.2694 per 1,000 gallons. (3) Next 30,000,000 gallons, $1.1972 per 1,000 gallons. (4) Next 100,000,000 gallons, $1.1249 per 1,000 gallons. (5) Amount in excess of 150,000,000 gallons, $1.0888 per 1,000 gallons. 20 Excerpt for Raw Water Customer Rates (continued) Sec. 47-86. Contract rates and terms of service. Subject to variations as provided in section 47 -86 of this Code, sales of untreated water under written contracts for industrial and municipal use shall be made in consideration of the requirement that the buyer agrees to purchase at least ninety percent of all its untreated water requirements from the city; however, the buyer shall not be required to purchase a minimum quantity during each month. Untreated water contracts shall include provisions limiting the city's obligation to deliver water to a stated contract quantity, and the buyer shall be required to pay a surcharge equal to five percent of the otherwise applicable cost for the portion of the water delivered to the buyer which exceeds the contract quantity whenever the amount actually delivered exceeds the contract quantity by ten percent or more. The rate for untreated water sold pursuant to this subsection is $0.5647 per 1,000 gallons." If you have any questions, please contact Rebecca Savory at 7131 371 -1194. Public Works 8 Engineering 21