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Utility Rate Studies
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Rate studies can provide you with a fiscal "checkup" to help gauge. Goals for a study can include generating additional revenue to keep pace with inflation, obtaining new loans and/or examining the current rate structure. Studies often include income projections and existing cash flow.
- For a quality study, you will want to collect the following items:
- Financial records
Audits for the previous 2 to 3 years;
The previous year-end financial reports (if the audit has not been completed);
The current year-to-date financial report; and
Principal and interest schedules for any new debt not already included in the financial reports.
Billing records
A 12-month summary of water and sewer billings listed by customer totals, consumption totals, and total revenues for each separate rate classification.
Capital projects
A list of planned capital improvements and their estimated costs for the next few years. The list should include the project cost and its estimated fiscal year(s) of completion, number of new customers, and usage projections.
Water/sewer policies and operational guidance
Water and sewer usage fees;
Code of ordinances;
Any uncodified water/sewer ordinances enacted since the last code update; and
Operational guidance documents pertaining to extensions, tap fees, connection fees, etc.
Energy Efficien
