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HomeMy WebLinkAbout2015-08-24 City Council Minutes Approved City Council Study Session Minutes—August 24, 2015 At 7:36 p.m. Mayor Laurie Gere called the Anacortes City Council study session of August 24, 2015 to order. Roll call found present City Councilmembers Eric Johnson, Ryan Walters, Erica Pickett, Brad Adams, Liz Lovelett, John Archibald and Matt Miller. Staff Feedback on City Council Meeting Start Time Mayor Gere shared a summary of department head feedback on a potential change in the start time of City Council meetings and a proposed Council committee meeting schedule to accommodate an earlier start time. The mayor advised that this topic would come back to Council for action at the next regular meeting. Mr. Walters stated that he was ready to move forward with an ordinance that would delete the start time from the Anacortes Municipal Code and a resolution that would change the meeting start time to 6:00 p.m. Retail Water Rate Presentation Public Works Director Fred Buckenmeyer introduced Gordon Wilson and Tage Aaker from consultant FCS Group to present the results of the retail water rate study. Mr. Buckenmeyer summarized the history of the rate study which grew out of Council's December 2014 discussion of funding options for rehabilitating the 3MG water reservoir and subsequent discussion regarding projecting and funding capital projects for the water utility. Gordon Wilson, Project Manager at FCS, presented the results of the retail water rate study performed by his firm. His presentation was added to the Council packet materials for the evening. Mr. Wilson explained the purpose of the study: to determine a strategy to fund capital projects and ongoing operation of those improvements. He enumerated the economic, policy and operating assumptions underlying the proposed rate increases. Mr. Wilson summarized the $15.3M capital reinvestment needed in the retail system over the next 7 years. He then presented two scenarios to fund those capital projects. Scenario A involved more gradual rate increases but also more borrowing so larger overall cost. Scenario B involved steeper, front loaded rate increases but avoided $4M in borrowing and corresponding debt service expense. Mr. Wilson demonstrated that both scenarios would essentially double the retail water rates by 2021 but with notable differences in debt service costs and capital replacement in place by 2021. Mr. Wilson then compared the Anacortes retail water rates to the rates in surrounding communities, both present day and with the proposed increases. He pointed out that even after the full proposed rate increases in place by 2021 Anacortes would still have lower rates than present day rates Skagit PUD, Arlington, Seattle, Oak Harbor, La Conner and Lake Whatcom WSD and would be only slightly above median rates in the state according to an AWC survey of 112 Washington cities. Mr. Wilson suggested adopting Scenario B to leave the water utility in a stronger position with lower annual debt service. He emphasized that Anacortes would still be a low cost provider of water service to its citizens. Mr. Wilson concluded by suggesting considerations for rate setting after 2021. He recommended against adopting tiered rates until after the proposed rate increase schedule was complete in 2021. Mr. Walters asked about using tiered rates to moderate the rate increase impact for residential customers with low consumption. Mr. Wilson discussed the different impact of block rates on residential and commercial water customers. Mr. Walters asked how many cities have completely different rate structures for residential and commercial water customers. Mr. Wilson said that is typical and described the components of a cost of service study that would typically be used to develop such rate structures. Mr. Miller observed that some of the 2015 water line replacements included in the capital calculation were already being funded in the current year. He questioned Mr. Buckenmeyer regarding the longevity of the new materials being used for pipeline replacements. Mayor Gere invited members of the audience to comment. No one present wished to address Council. Anacortes City Council Study Session Minutes August 24, 2015 1 Mr. Walters suggested that the financial policies regarding the water utility should be included in the preliminary budget with an explanation of the extent to which the budget was able to meet the targets. Mr. Buckenmeyer suggested that he would bring back an ordinance adopting Scenario B for consideration and action. Mr. Walters said he agreed on the need to raise rates but argued for a tiered pricing schedule to lessen impact on small residential users and encourage water conservation. Mr. Adams warned that the steeper rate increases under Scenario B should be considered in the context of other rate and tax increases local residents would be experiencing. Ms. Lovelett supported tiered rates but agreed with Mr. Adams that the steeper rate increases were a lot to take on all at once. Ms. Pickett supported Scenario B because the increases would taper off after the first two years and the ratepayers would save significant financing costs. Mayor Gere agreed. Mr. Archibald expressed his preference for Scenario B, observed that conservation can be encouraged in many ways and suggested that the rate increase as presented might encourage conservation. Mr. Wilson said the FCS Group study did not look at pricing elasticity to see how the proposed rate increases might affect consumption. Mayor Gere invited Mr. Buckenmeyer to schedule another study session to continue the rate discussion and invited Mr. Walters to circulate his tiered rate proposal to staff and councilmembers. There being no further business, at approximately 8:35 p.m. the Anacortes City Council study session of August 24, 2015 adjourned. Anacortes City Council Study Session Minutes August 24, 2015 2