Broken Arrow City Council/Municipal Authority
Meeting of: 09-27-2016
To: Mayor and Council Members/Chairman and Authority Members
From: Office of the City Manager
Title:
title
Presentation, review, discussion, consideration and possible action on the rate study analysis for the water, wastewater and stormwater public utilities and corresponding utility rate increases
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Background:
In September 2013, the Broken Arrow Municipal Authority (BAMA) entered into a contract with Black & Veatch, an internationally recognized professional engineering consultant firm with expertise in the design, operations, maintenance and management of public utility facilities and organizations, to perform a cost of services analysis and a corresponding utility rate study. The initial analysis and study was completed and presented to the Council and the Authority in June 2014.
The original analyses and subsequent revenue projections based upon the initial cost of services analysis and corresponding utility systems capital improvements reflected the anticipated need for two (2) nine-percent (9%) rate increases in Fiscal Year 2015 and one (1) additional seven-percent (7%) rate increase in Fiscal Year 2016 for the public water utility; two (2) twelve-percent (12%) rate increases in Fiscal Year 2015 and one (1) additional eleven-percent (11%) rate increase in Fiscal Year 2016 for the public wastewater utility; and, lastly, one (1) five-percent (5%) rate increase for both Fiscal Years 2015 and 2016 for the stormwater utility.
The Council/Authority adopted single rate increases for all three (3) utilities for Fiscal Year 2015 only at that time and directed the team to reevaluate the capital improvements program and present the revised findings in the Spring of 2015. These rate increases became effective in September 2014.
In March 2015, staff presented the findings of the reevaluation as directed by the Council/Authority ...
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