Subject:
Title
Utility Services Rate Resolution for the following: (1) County encompassing South Beaches, Merritt Island, North Brevard, Port St. John and the South-Central Mainland Service Area; and (2) San Sebastian encompassing the San Sebastian Woods Water System.
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Fiscal Impact:
The following summarizes the requested rate adjustments:
As proposed, the County water and sewer user rates will be adjusted beginning March 2022 and subsequent years beginning January 1 from 2023 thru 2026 as follows: 2022 - 6.5%, 2023 - 8.5%, 2024 - 8.5%, 2025 - 8.5%, 2026 - 7.5%. Beginning January 1, 2027 and January 1st of subsequent years the water and sewer user rates shall be indexed automatically annually.
As proposed, the San Sebastian water rates shall be indexed automatically beginning March 2022 and will be indexed automatically beginning January 1 of subsequent years.
In addition to the proposed rate adjustments, the rate resolution has been modified to include an Exhibit A and B. Exhibit A contains rates, fees and charges where the cost has been adjusted but will remain fixed thereafter with no annual index adjustment. Exhibit B contains rates, fees, and charges where the costs have been adjusted and the costs will thereafter be indexed annually.
All rates, fees and charges per Exhibit B shall be indexed annually pursuant to the U.S. Bureau of Labor Statistics Seasonally Adjusted U.S. City Average Consumer Price Index for All Urban Consumers Water and Sewerage Maintenance Series Id CUSR0000SEHG01 (W S M I)(U).
Dept/Office:
Utility Services Department
Requested Action:
Recommendation
Approval of the Rate Resolution for the Utility Services Countywide system and the San Sebastian system to be implemented March 2022...End
Summary Explanation and Background:
The Utility Services Department has conducted a review of its water and sewer capacity, the conditions of existing assets, and the impacts of recent State Environmental Laws have to this Department. Wi...
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