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90-350 RESOLUTION NO. 90R-350 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AMENDING RATES, RULES AND REGULATIONS FOR THE SALE AND DISTRIBUTION OF WATER AS ADOPTED BY RESOLUTION NO. 72R-600 AND MOST RECENTLY AMENDED BY RESOLUTION NO. 89R-361. WHEREAS, the city of Anaheim maintains a water distribution system for the furnishing of water to residents and inhabitants of the City of Anaheim and has adopted Water Rates, Rules and Regulations for the sale and distribution of water; and WHEREAS, the Public Utilities Board held a public hearing on August 30, 1990 and evidence was presented in connection with the proposed revisions of Water Rates, Rules and Regulations; and WHEREAS, the Public Utilities Board considered the California Environmental Quality Act and made the following findings: 1. The largest single item of cost in the test period of July 1, 1990 through June 30, 1991 is water supply at an estimated $8,267,000. 2. Other operating expenses, estimated to cost $6,877,000 are due to labor and material costs. 3. Debt service requirements and an increase in reserve amounts estimated to cost $3,340,000 are required to meet financial reserves and requirements. 4. The transfer to the General Fund in an amount estimated to be $903,000 is authorized by the City Charter and constitutes an Intra-City transfer. 5. Capital expenditures funded from rates, estimated to cost $4,119,000, are required to meet the Utility's capital project expenses. 6. The decrease in working capital of $949,000 is required to meet the Utility's operating expenses and capital expenses. 7. The fee increases/decreases for services are due to changes in labor cost and material cost. 8. The matters covered in 1 through 7, above, come within Section 21080 (b) (8) of the Public Resources Code of the State of California. Thus the establishment of these rates is exempt from the California Environmental Quality Act. 2MF08280.MFL WHEREAS, A Notice of Hearing was published as follows: 1. On August 20, 1990, notice of the public hearing on water rates was published in the Anaheim Bulletin and proof thereof is on file with the Secretary of the Public Utilities Board. 2. On August 20, 1990, notice of the public hearing on water rates was published in the Orange County Register and proof thereof is on file with the Secretary of the Public Utilities Board. 3. On August 20, 1990, notice of the public hearing on water rates was published in the Orange County Edition of the Los Angeles Times and proof thereof is on file with the Secretary of the Public Utilities Board. WHEREAS, The Public Utilities Board has considered the proposal of the Public Utilities Department and has considered the evidence presented at the public hearing, and WHEREAS, the Public Utilities Board has made the following findings with respect to the need for changes to the Water Rates, Rules and Regulations: 1. The Water System revenue requirement of the Anaheim Public Utilities Department has been established, as set forth below, on the basis of projections for a test period consisting of the twelve months July 1, 1990 through June 30, 1991. 2. A reasonable estimate of the revenue requirement for water supply~costs for the test period is $8,267,000 as shown in Exhibit MAB-1. 3. A reasonable estimate of the revenue requirement for other operating expenses for the test period is $6,877,000 as shown in Exhibit MAB-1. 4. A reasonable estimate of the revenue requirement for capital expenditures funded from rates for the test period is $4,119,000 as shown in Exhibit MAB-1. 5. A reasonable estimate of the revenue requirement for current debt service, lease payment, RANS interest and principal and reserve increases for the test period is $3,340,000 as shown in Exhibit MAB-1. 6. A reasonable estimate of the revenue requirement for transfer to the General Fund for the test period is $903,000 as shown in Exhibit MAB-1. 2MF08280.MFL 7. A reasonable estimate of the revenue requirement for a decrease in working capital for the test period is $949,000 as shown in Exhibit MAB-1. 8. A reasonable estimate of the revenue requirement offsets ~ due to other water revenues and interest income for the ~-~" test period is $595,000 as shown in Exhibit MAB-1. 9. An estimated revenue requirement of $21,962,000 as set forth below, is appropriate for the test period: REVENUE REQUIREMENT ITEM CASH-FLOW BASIS Water Supply Costs $ 8,267,000 Other Operating Expenses 6,877,000 Capital Expenditures Funded from Rates 4,119,000 Debt Service & Reserve Increase 3,340,000 ~ Transfer to General Fund 903,000 Change in Working Capital (949,000) Less: Other Water Revenue and Interest Income C595.000) Total Revenue Requirement $21,962,000 10. It was appropriate to perform a cost-of-service study in order to determine the allocated revenue requirement for the test period for the following customer classes: Single-Family Residential; Multi-Family Residential; Residential Outside city; Commercial/Industrial; Municipal; and Private Fireline. 11. The customer class revenue requirements, on a Utility basis, as determined by a cost-of-service analysis are shown in Exhibit JFA-1 and are appropriate. The estimated total allocated annualized revenue requirement of $22,315,250 as set forth below is appropriate. ALLOCATED ANNUALIZED REVENUE REQUIREMENT CUSTOMER CLASS COST-OF-SERVICE BASIS Single-Family Residential $ 9,864,071 Multi-Family Residential' 4,373,476 Residential Outside City 452,502 Commercial/Industrial 6,379,116 ~ Municipal 601,432 Private Fireline 644.653 Total $22,315,250 2MF08280.MFL 12. Section 1221 of the City Charter provides that utility rates charged to a class of consumers shall be uniform within the class and shall be based on cost of service for the class. 13. On the basis of the preceding finding, the annual class revenues under the proposed rates as shown on the last page of Exhibit JFA-2 are reasonable and appropriate: REVENUES AT PROPOSED RATES AS A % OF REVENUES AT REVENUES BASED ON CUSTOMER CLASS PROPOSED RATES COST OF SERVICE Single-Family Residential $ 9,864,071 100% Multi-Family Residential 4,373,476 100% Residential Outside City 452,502 100% Commercial/Industrial 6,379,116 100% Municipal 601,432 100% Private Firelines 644.653 100% Total $22,315,250 14. It is appropriate to continue to fund the Water Capital Replacement Fund by revenues from the sale of water. 15. It is appropriate to increase the Water Utility debt service budget for 1990/91 from $2,716,646 to $2,745,300. 16. It is appropriate to decrease the Water Utility water supply budget for 1990/91 from $8,610,270 to $8,267,131. 17. It is appropriate to decrease the Water Utility revenue from sales budget for 1990/91 from $24,117,000 to $21,962,000. 18. It is appropriate to increase the Water Utility RANS interest expense for 1990/91 from $223,500 to $234,000. 19. It is appropriate to decrease the Water Utility R&R Reserve for 1990/91 from $369,000 to $341,000. 20. It is appropriate to decrease the Water Utility General Fund Transfer for 1990/91 from $913,000 to $903,000. 21. Reasonable estimates for service fees and charges are contained in the proposed Water Rates, Rules and Regulations. 2MF08280.MFL WHEREAS, based on the findings hereinabove made, the Public Utilities Board of the City of Anaheim recommends to the City Council that the Council adopt the findings of the Public Utilities Board with respect to the matters contained herein and adopt the water rates and the fees and revised rules and regulation shown in Exhibit JFA-6 to be effective September 12, 1990. WHEREAS, the City Council has considered the evidence and concurs with the findings of the Public Utilities Board as set forth hereinabove. NOW, THEREFORE BE IT RESOLVED that the findings of the Public Utilities Board be, and they are hereby, adopted by the City Council of the City of Anaheim. THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim on this 11th day of September , 1990. ATTEST: CITY CLERK OF THE CITY OF ANAHEIM 2MF08280.MFL STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 90R-350 was introduced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim held on the 11th day of September, 1990, by the following vote of the members thereof: AYES: COUNCIL MEMBERS: Daly, Ehrle, Kaywood, and Pickler NOES: COUNCIL MEMBERS: Hunter ABSENT: COUNCIL MEMBERS: None AND I FURTHER certify that the Mayor of the City of Anaheim signed said Resolution No. 90R-350 on the 11th day of September, 1990. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 12th day of September, 1990. CITY CLERK OF THE CITY OF ~AHEIM (SEAL) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 90R-350, duly passed and adopted by the Anaheim City Council on September 11, 1990. CITY CLERK OF THE ~ITY OF ANAHEIM