Utility Rate Study

BACKGROUND:

For planning purposes, the City recently completed a Utility Rate Study identifying future infrastructure (piping, treatment, storage, and distribution) needs and their associated costs.  The study includes recommendations for new rates for monthly users and new development charges (new homes).

The City is anticipating and planning for the construction of a fifth well and an additional water treatment facility in 2020.  Although Carver water rates have not increased since 2010, a recent Utility Rate Study determined increases are necessary to generate a positive cash flow to finance future system improvements and growth of these services.

The City Council will be discussing the Utility Rate Study at their meeting on Monday, July 16 at 7:00 pm.  City Council meetings are held in the Council Chambers at 109 Main St. E. in Historic Downtown Carver.

GOALS – UTILITY RATE STUDY:

1)  Identify capital needs within the Water, Sanitary Sewer, and Storm Water Funds.

2)  Perform a financial analysis related to the operations, debt service, and overall fund balances.

3)  Provide recommendations on rates and charges to appropriately fund the enterprise funds. 

4)  Propose a new tier system with a focus on essential water.

AVERAGE IMPACT:

IMPORTANT DOCUMENTS:

Resident’s Guide

Utility Rate Study Overview

Utility Rate Study – Abdo, Eick, and Meyers

HOW TO PROVIDE FEEDBACK:  

The City Council will be discussing the Utility Rate Study at their meeting on Monday, July 16 at 7:00 pm.  City Council meetings are held in the Council Chambers at 109 Main St. E. in Historic Downtown Carver.

QUESTIONS & COMMENTS:

Please contact Brent Mareck, City Manager, at (952) 448-8737 or by e-mail at bmareck@cityofcarver.com