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HomeMy WebLinkAboutStaff Report 1474City of Palo Alto (ID # 1474) Finance Committee Staff Report Report Type:Meeting Date: 4/5/2011 April 05, 2011 Page 1 of 3 (ID # 1474) Council Priority: City Finances Summary Title: Adoption of Amended Utility Rate Schedule D-1 Title: Adoption of a Resolution Amending Utility Rate Schedule D-1 (Storm and Surface Water Drainage) Reflecting a 1.5% CPI Rate Increase to $11.40 Per Month Per Equivalent Residential Unit for Fiscal Year 2012 From:City Manager Lead Department: Public Works Recommendation Staff recommends that Council adopt the attached resolution (Attachment A) amending Utility Rate Schedule D-1 (Storm and Surface Water Drainage), to implement a 1.5% rate increase to $11.40 per month per Equivalent Residential Unit for Fiscal Year 2012. Background On April 26, 2005, a majority of Palo Alto property owners approved a ballot measure authorizing an increase in the monthly Storm Drainage Fee to fund storm drain capital improvements and augmented maintenance. Council certified the results of the ballot proceeding on May 9, 2005. The approved ballot measure contained an annual fee escalator clause that permits the Council to consider raising the Storm Drainage Fee each year to account for inflationary cost increases. Specifically, the ballot measure stated that: “In order to offset the effects of inflation on labor and material costs, the proposed fee increase would be subject to annual increases beyond the initial $10.00 per Equivalent Residential Unit (ERU) rate as of July 1 of each year, starting in 2006. Inflation adjustments would be based on the lesser of the local rate of inflation (based on the change in the Consumer Price Index [CPI] for the San Francisco-Oakland-San Jose CMSA, published by the United States Department of Labor, Bureau of Labor Statistics) or 6 percent. The City Council would have the authority and discretion to implement inflation adjustments on an annual basis as part of the City budget process.” On May 9, 2005, Council adopted a resolution increasing the Storm Drainage rate schedule to $10.00 per month per ERU, effective June 1, 2005. The Council-approved rate for FY 2011 is $11.23 per month per ERU. April 05, 2011 Page 2 of 3 (ID # 1474) Discussion Staff has determined from Bureau of Labor Statistics records that the local CPI for the San Francisco-Oakland-San Jose CMSA increased by 1.5% between December 2009 and December 2010. As the CPI rate is substantially lower than 6%, consistent with the ballot measure Staff recommends that the Storm Drainage Fee be increased by the CPI in order to keep fund revenues consistent with general cost increases. In order to enact the Storm Drainage Fee increase, Council must adopt the attached resolution amending Utility Rate Schedule D-1 (Storm and Surface Water Drainage). The new rate for the Storm Drainage Fee will be $11.40 per month per ERU. Single-family residential properties are billed a monthly amount based on parcel size, in accordance with the following table: RESIDENTIAL RATES (Single-Family Residential Properties) PARCEL SIZE (sq.ft.)ERU < 6,000 sq.ft.0.8 ERU 6,000-11,000 sq.ft.1.0 ERU > 11,000 sq.ft.1.4 ERU Commercial, industrial, institutional, and multi-family residential properties are billed on a monthly basis at a rate of 1.0 ERU for each 2,500 square feet of impervious surface on the parcel. Resource Impact The 1.5 percent increase in rates is expected to increase revenue by $85,845. Timeline The Storm Drainage Fee increase will take effect on July 1, 2011. Environmental Review Adoption of changes to utility rate schedules does not represent a project under the California Environmental Quality Act (CEQA). Courtesy Copies Storm Drain Oversight Committee Palo Alto Chamber of Commerce Attachments: ·Resolution Amending Utility Rate Schedule D-1 (Storm and Surface Water Drainage)(DOC) April 05, 2011 Page 3 of 3 (ID # 1474) Prepared By:Joe Teresi, Senior Engineer Department Head:J. Michael Sartor, Interim Director City Manager Approval: James Keene, City Manager 110324 jb 0130695 Resolution No. ______ Resolution of the Council of the City of Palo Alto Amending Utility Rate Schedule D-1 (Storm and Surface Water Drainage) to Increase Storm Drain Rates by 1.5% CPI Per Month Per Equivalent Residential Unit for Fiscal Year 2012 The Council of the City of Palo Alto does RESOLVE as follows: SECTION 1. Pursuant to Section 12.20.010 of the Palo Alto Municipal Code, Utility Rate Schedule D-1 (Storm and Surface Water Drainage) is hereby amended to read in accordance with sheet D-1-1, attached hereto and incorporated herein. The foregoing Utility Rate Schedule, as amended, shall become effective July 1, 2011. SECTION 2. The Council finds that this rate increase is being imposed to offset the effects of inflation on labor and material costs pursuant to the annual inflationary fee escalator provision of the Storm Drainage Fee ballot measure, which was approved by a majority of Palo Alto property owners on April 26, 2005. SECTION 3. The Council finds that the revenue derived from the authorized adoption enumerated herein shall be used only for the purpose set forth in Article VII, Section 2, of the Charter of the City of Palo Alto. SECTION 4. The Council finds that modification and approval of this change to the Utility Rate Schedule D-1 (Storm and Surface Water Drainage) for the purpose of meeting / / / / / / / / / / / / / / / / / / 110324 jb 0130695 operating expenses is statutorily exempt from California Environmental Quality Act (CEQA) review, pursuant to Public Resources Code Section 15273(a). INTRODUCED AND PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST: _______________________________________________________ City Clerk Mayor APPROVED AS TO FORM:APPROVED: ________________________________________________________ Sr. Asst. City Attorney City Manager _____________________________ Director of Public Works _____________________________ Director of Administrative Services 110324 jb 0130695