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HomeMy WebLinkAboutStaff Report 2512-5640 Item No. 4 Page 1 of 20 8 8 2 7 9 3 8 2 Utilities Advisory Commission Staff Report From: Alan Kurotori, Director of Utilities Lead Department: Utilities Meeting Date: March 4, 2026 Report #: 2512-5640 TITLE Staff Recommends the Utilities Advisory Commission Recommend that the City Council Adopt a Resolution Approving the Fiscal Year 2027 Wastewater Collection Utility Financial Forecast, and Amending Rate Schedules S-1 (Residential Wastewater Collection and Disposal), S-2 (Commercial Wastewater Collection and Disposal), S-6 (Restaurant Wastewater Collection and Disposal), and S-7 (Commercial Wastewater Collection and Disposal – Industrial Discharger); CEQA Status: Not a project under CEQA Guidelines Section 15378(b)(5) RECOMMENDATION Staff recommends that the Utilities Advisory Commission recommend that the City Council adopt a resolution (Attachment A): 1. Approving the Fiscal Year 2027 Wastewater Collection Utility Financial Forecast shown in this staff report and attachments; and 2. Amending Rate Schedules (Attachment A, Exhibit 1) effective July 1, 2026 (FY 2027): a. S-1 (Residential Wastewater Collection and Disposal) b. S-2 (Commercial Wastewater Collection and Disposal) c. S-6 (Restaurant Wastewater Collection and Disposal); and d. S-7 (Commercial Wastewater Collection and Disposal – Industrial Discharger) EXECUTIVE SUMMARY This staff report provides the UAC with a financial forecast for the Wastewater Collection Utility and provides an overview of the utility’s operating costs, capital costs, and debt and includes recommended rate adjustments required to maintain the utility’s financial health. The Wastewater Collection Utility financial forecast proposes a 16% rate increase for FY 2027. With this rate increase, Palo Alto’s residential rate will be approximately 2% above the average of neighboring cities, assuming neighboring utilities’ rates remain at current levels. The additional revenue is necessary to fund increasing wastewater treatment charges, collection operations, and collection capital improvement projects (CIP). Item No. 4 Page 2 of 20 8 8 2 7 9 3 8 2 Staff updated cost projections for the FY 2027 to FY 2031 five-year financial planning period using the most recent cost data and updated escalation assumptions. Relative to the FY 2026 financial forecast1, total expenses are expected to be about 11% higher over the five-year financial planning period, driven primarily by increased wastewater treatment operating and capital costs as well as collection system CIP costs, partially offset by higher projected capacity fee revenues and lower collection operations costs. Consistent with last year’s forecast, this forecast assumes deferral of the next sewer main replacement project to FY 2028. This approach limits CIP spending to the highest priority projects, allowing the Wastewater Collection Operations Reserve to recover within guideline levels and avoid the need for a higher rate increase. Table 1: Current Year (FY 2026) and Projected Rate Trajectory (FY 2027 to FY 2031) 2, and the Finance Committee on November 18, 20253, staff presented a rate trajectory of 16% in FY 2027, 14% in FY 2028, and 5% annually from FY 2029 through FY 2031. The current forecast maintains the same increases for FY 2027 and FY 2028 but assumes higher increases of 6% annually from FY 2029 through FY 2031. The key drivers of this change include: Updated and higher wastewater treatment cost projections from the RWQCP, reflecting increased labor costs, higher commodity and chemical prices, service contract expenses, rent, and an updated calculation of Palo Alto’s share of operations costs. Slightly lower projected operations and CIP expenditures. BACKGROUND 1 FY 2026 Financial Forecast for the Wastewater Collection utility (approved June 16, 2025) is described in the Finance Committee Staff Report 2412-3871: https://cityofpaloalto.primegov.com/api/compilemeetingattachmenthistory/historyattachment 2 Staff Report 2503-4364: https://cityofpaloalto.primegov.com/viewer/preview?id=0&type=8&uid=18457643- b8bd-4c15-b8db-822059719251 3 Staff Report 2508-5119: https://cityofpaloalto.primegov.com/viewer/preview?id=0&type=8&uid=222f6635-f36a- 42de-bdd2-d27f7ac3f713 Item No. 4 Page 3 of 20 8 8 2 7 9 3 8 2 refuse collection and processing for recycling, compost and garbage, wastewater treatment and stormwater management. The City’s primary goals are to manage these services in a way that ensures continued safe, reliable, environmentally sustainable, and cost-effective operations. ANALYSIS FY 2025 Costs and Revenues 232 below summarizes key reasons for the variances from forecast. Item No. 4 Page 4 of 20 8 8 2 7 9 3 8 2 Table 23: FY 2025 Actuals vs. Prior Year’s Forecast ($000) Higher retail sales, higher treatment grant funding, higher connection and capacity fees revenues, lower interest income (1,878)Revenue increase Treatment expenses higher than expected 1,612 Cost increase Lower collection system operations and maintenance salaries and benefits (1,468)Cost decrease Lower collection system CIP (250)Cost decrease At the end of FY 2025, the Wastewater Operations Reserve was about $0.7 million higher than expected, while a portion of the remaining net revenues of about $1.2 million were allocated to the CIP Reappropriations and Commitments Reserve. The utility’s overall cash balance remained positive at $0.9 million at the end of FY 2025, supported by the Council-approved $3 million short- term loan (Reso 10173)7 from the Fiber Utility to the Wastewater Collection Utility, planned to be repaid in FY 2026. Projections Overview Compared to the prior forecast, FY 2026 revenues are projected to be about $3.4 million, or 10%, higher, driven by higher projected Valley Water grant funding for treatment expenses, and higher revenues from the commercial sector. On the expense side, FY 2026 costs are projected to be about $0.7 million, or 2% lower compared to the prior forecast. While treatment costs are projected to be about $1.7 million, or 11% higher due to higher treatment operations expenses, this increase is largely offset by a projected $1.9 million, or 17% lower in collection operations expenses, primarily due to lower labor costs. For FY 2026, staff used the adopted budget as the baseline rather than projecting from actuals with an escalation factor, which has slightly reduced the projected labor costs. Budgeted CIP expenses are also projected to be slightly lower by about $0.5 million, or 10%. Over the FY 2027 to FY 2031 five-year financial planning period, total revenues are projected to be about 7% higher than the prior forecast, primarily due to rate increases and higher connection and capacity fees revenues. Total expenses are projected to be about 11% higher than the prior forecast, primarily driven by higher treatment costs, which are projected to be about 24% higher due to increased treatment operating and capital-related costs. In contrast, collection operations costs are projected to be approximately 7% lower than the prior forecast, while CIP costs are projected to be about 8% higher. 7 Reso 10173: https://recordsportal.paloalto.gov/WebLink/DocView.aspx? id=62043&dbid=0&repo=PaloAlto&searchid=7e03c0d2-1eae-45d1-b63e-96c615efee19&cr=1 Item No. 4 Page 5 of 20 8 8 2 7 9 3 8 2 Figure 1 illustrates actual revenues and expenses through FY 2025, along with projections through FY 2031. Figure 1: Wastewater Collection Utility Expenses, Revenues and Rate Changes Note: FY25 Commitments and Reappropriations reserves balances for Operations and Capital Investment are anticipated to be utilized in FY26 and FY27; Collection Capital represents CIP reserve contribution for FY27 and beyond Revenues 9 estimated that about $9.4 million of capacity fee revenues will be received in FY 2026 and FY 2027, this forecast conservatively projects 80% of this revenue will be received evenly over a five-year period starting in FY 2028. This additional 9 FY 2026 Adopted Capital Budget, Wastewater Collection Fund, WC-80020, Sewer System, Customer Connection (pg. 566): https://www.paloalto.gov/files/assets/public/v/1/administrative-services/city-budgets/fy-2026-city- budget/adopted/fy-2026-adopted-capital-budget_final_online.pdf 7%0%3%3% 9%15% 20%16% 14%6%6%6% 7%0%3%3% 9% 15% 20%16% 14%5%5% 5% 0 10 20 30 40 50 60 70 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 Actuals Projection $ M i l l i o n s Fiscal Year Collection Capital Collection Operations Treatment Capital & Debt Treatment Operations Revenue Current Rate Projection % Preliminary Rate Projection % Item No. 4 Page 6 of 20 8 8 2 7 9 3 8 2 projected revenue is crucial in supporting the overall financial position of the utility. A sewer capacity fee study is planned for FY 2027 to evaluate existing connection and capacity fees schedules, and staff will recalibrate revenue assumptions in future financial forecasts correspondingly. Expenses Table 3: Wastewater Utility Costs ($000) Actuals ProjectionFiscal Year 2025 2026 2027 2028 2029 2030 2031 Treatment 15,486 17,295 16,881 18,088 18,456 24,357 25,117 Treatment Operations 11,239 11,921 13,507 14,196 14,695 15,213 15,910 Treatment Capital * 4,247 5,374 3,374 3,893 3,760 9,145 9,207 Collection 10,902 13,604 22,231 27,099 28,266 24,820 26,012 Collection Operations 8,153 9,186 9,231 10,099 10,266 10,820 11,012 Collection Capital 2,749 4,418 13,000 17,000 18,000 14,000 15,000 TOTAL 26,388 30,899 39,112 45,188 46,721 49,177 51,129 * Includes unencumbered/authorized amount for pay-as-you-go capital; excludes Valley Water funding Item No. 4 Page 7 of 20 8 8 2 7 9 3 8 2 projected to increase by approximately $3.1 million to $6.7 million annually, representing an average increase of roughly 30% above the previous forecast. These increases are primarily driven by higher labor costs, including the addition of three new staff positions, lower projected Valley Water grant funding, and higher commodity prices, chemical costs, service contract expenses, training and professional development costs, and rent associated with the new laboratory space. RWQCP also updated the projection to more accurately reflect Palo Alto’s share of treatment operations costs. Additional key cost increases are described below. The Treatment Plant is currently undergoing a long-range facility plan update, which will guide capital improvements and prioritize projects over the next several decades to Item No. 4 Page 8 of 20 8 8 2 7 9 3 8 2 ensure continued operational reliability and regulatory compliance. Rehabilitation and replacement of plant equipment that has been in use for over 40 years is necessary to ensure the City can provide wastewater treatment operation safely and in compliance with regulatory requirements for the discharge of treated wastewater 24 hours a day. The costs of the Treatment Plant are shared among member agencies. The biggest increase in Treatment costs is the addition of debt service (loan repayment) for the Secondary Treatment Upgrades in FY 2030, which is a $193 million capital project funded through a low-interest State Revolving Fund loan. Palo Alto’s share of this loan repayment is included in this financial forecast. Joint Intercepting Sewer Rehabilitation Outfall Line Construction 12kV Loop Electrical Improvements and Headworks Item No. 4 Page 9 of 20 8 8 2 7 9 3 8 2 $2.76 million of grant funding from Valley Water to offset capital expenses. It is projected that Palo Alto will receive about $3.91 million of Valley Water grant funding in FY 2026. Figure 2: Wastewater Collection Utility Operations Costs 0 2 4 6 8 10 12 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 Actuals Projection $ M i l l i o n Fiscal Year Debt Service Transfers Customer Service Allocated Charges Collection Operations and Engineering Item No. 4 Page 10 of 20 8 8 2 7 9 3 8 2 Collection operations and engineering included one-time labor and vehicle replacement costs in FY 2024. Transfers include transfers to other City funds for services or share of costs. The transfers in FY 2026 and every other subsequent year are anticipated for leasing space in the laydown yard from the Electric Utility for materials related to the Sanitary Sewer Replacement projects. Vehicle replacement cost increases for replacing aging fleet vehicles are forecasted to be about $0.35 million annually starting in FY 2028. There may be a need to electrify vehicles in the future, however, these costs are unknown and are not included in the forecast. The Sanitary Sewer Replacement/Rehabilitation (SSR) Program funds the replacement of deteriorating sewer mains to increase capacity or improve pipe condition in various parts of the sewer system. Non-recurring construction projects (One Time Projects) of large system assets, such as the pump station replacement projects. Ongoing projects include sewer and manhole rehabilitation, equipment and tool replacement, and wastewater collection system improvements focused on improving the reliability and operations of the wastewater distribution system. These projects include, but are not limited to, engineering studies and hydraulic modeling. New Development Improvements (customer connections) are new services projects funded or constructed by private developers and property owners. Table 4: Projected CIP Spending ($000) 2026* 2027* 2028 2029 2030 2031 Sewer Rehab/Augmentation (665) 2,225 11,250 2,470 12,490 2,750 One-Time Projects 333 1,050 1,530 4,740 620 650 Ongoing Projects 407 1,090 1,160 1,200 1,390 1,450 Customer Connections 120 460 480 490 510 540 CIP Salaries and Benefits 4,041 4,185 4,306 4,401 4,506 4,608 Transfers (In)/Out 181 217 173 133 210 220 Total CIP Expenses 4,418 9,227 18,900 13,435 19,726 10,218 CIP Reserve Contribution - 13,000 17,000 18,000 14,000 15,000 Project Category Fiscal Year *Includes spending that will be funded by reappropriated or committeed fund balanaces that have been carried forward from the previous year Item No. 4 Page 11 of 20 8 8 2 7 9 3 8 2 main replaced each year on average beginning in FY 2028, replacement of the remaining mains would take approximately 60 years and the last main would be approximately 111 years old before replacement. This rate of main replacement is based on Staff’s experience, other nearby communities’ experience, and the National Clay Pipe Institute Engineering Manual, which suggests that clay pipe can last around 100 years in Palo Alto’s underground conditions. Staff re- evaluates and prioritizes future projects based on a structural rating system, feedback from Wastewater Operations and available budget. In addition, in November 2025 the City updated the Sewer Master Plan. Results from this plan will assist in identifying and prioritizing future SSR projects. The Sewer Master Plan is on a five-year update schedule with the next update beginning in FY 2030. The estimated cost of the plan is $0.2 million annually in FY 2030 and FY 2031. Item No. 4 Page 12 of 20 8 8 2 7 9 3 8 2 The CIP budget assumes inflation of 5.4%, which is derived from a linear trend of historical CIP cost increases. Allocated overhead and unallocated salaries and benefits are added to the capital budget and are assumed to escalate at the same rate annually. Reserves Item No. 4 Page 13 of 20 8 8 2 7 9 3 8 2 Figure 3: Operations Reserve Adequacy Note: Operations Reserve shown with a minimum balance of $0. Table 5 summarizes the risk assessment calculation for the Wastewater Utility through FY 2031. The risk assessment includes the revenue shortfall that could occur due to: 1. Lower than forecasted sales revenue; and 2. A 10% increase in treatment costs for the budget year; and 3. A 10% increase in planned system improvement CIP expenditures for the budget year. CIP Contingency for FY 2027 and after is not needed due to resuming the use of the CIP reserve. Sales Revenue 31,751 36,876 42,065 44,713 47,396 50,239 Budget-to-Actual Risk @ 4% 1,268 1,473 1,681 1,787 1,894 2,008 Treatment Budget 17,295 16,881 18,088 18,456 24,357 25,117 Treatment Cost Contingency @ 10% 1,730 1,688 1,809 1,846 2,436 2,512 CIP Budget * 4,116 - - - - - CIP Cost Contingency @ 10% * 412 - - - - - 3,410 3,161 3,490 3,632 4,330 4,519 7,258 6,502 6,286 7,212 8,402 10,533 *CIP budget is excluded from FY 2027 onward The CIP Reserve has a zero balance due to insufficient wastewater collection revenues to maintain the annual Capital Program Contribution to the CIP Reserve. However, starting in FY 2027, staff anticipates the wastewater utility can resume contribution to the CIP reserve. The FY27 Wastewater Collection Utility and CIP Financial Details (Attachment A, Exhibit 2) shows Item No. 4 Page 14 of 20 8 8 2 7 9 3 8 2 the amount of the rate-funded CIP Reserve contributions under “Expenses” for FY 2027 through FY 2031. Figure 4: Projected CIP Reserve Balances Item No. 4 Page 15 of 20 8 8 2 7 9 3 8 2 Figure 5: Wastewater Collection Utility Year-End Reserve Levels Note: Operations Reserve shown with a minimum balance of $0. 0 2 4 6 8 10 12 14 16 18 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 Actuals Projection $ M i l l i o n s Fiscal Year Rate Stabilization CIP Reappropriations & Commitments CIP Reserve Operations Reserve Item No. 4 Page 16 of 20 8 8 2 7 9 3 8 2 Table 6: Operations, Rate Stabilization and CIP Reserves Starting and Ending Balances, Revenues, Transfers To/(From) Reserves, Expenses, Capital Program Contribution To/(From) Reserves, Total Reserve Changes, and Operations Reserve Guideline Levels ($000) The current rates were effective July 1, 2025, when the City increased sewer rates by 20%. To continue to move toward full cost recovery, CPAU proposes to increase overall rates by 16% in FY 2027, and projects rate increases by 14% in FY 2028, and 6% annually in FY 2029 through FY 2031. CPAU has three sewer rate schedules applicable to current customers: one for residential customers (S-1), one for non-residential customers (other than restaurants) (S-2), and one for restaurants (S-6). Table 7 below summarizes the current and proposed rates for all customer classes. Raftelis Financial Consultants, Inc. completed a cost of service (COS) study for the Wastewater Collection Utility in 2021. Staff calculated the revenue increases needed for the Wastewater Item No. 4 Page 17 of 20 8 8 2 7 9 3 8 2 Collection Utility based on projected revenue and expenses to determine the proposed rates across customer classes. Table 7: Current and Proposed Sewer Rates Current Proposed Monthly Service Charges ($/Month) Water Quantity Rates ($/CCF) Bill Impacts Table 8: Bill Impact of Proposed Sewer Rate Changes ($/Month) Rate Schedule Current Proposed $ 67 175 710 Item No. 4 Page 18 of 20 8 8 2 7 9 3 8 2 Bill Comparisons/Competitiveness Table 9 shows the monthly sewer bills for residential customers compared to what they would be in surrounding communities. The average monthly sewer bill for a Palo Alto single family residential customer is $67 at current rates, which is about 12% lower than the neighboring community average. These communities are the same six that Palo Alto compares itself to in the annual budget across Water, Wastewater, Gas, and Electric industries. In the following tables, “Menlo Park” refers to the West Bay Sanitary District. The cities of Mountain View and Los Altos are RWQCP partners. Sewage from Menlo Park and Redwood City is treated by Silicon Valley Clean Water where some plant upgrades have been completed and others are yet to be implemented. Santa Clara customers are served by the San Jose-Santa Clara Regional Wastewater Facility, which is still working on necessary facility upgrades. In contrast, plant upgrades at the Hayward Water Pollution Control Facility have not yet begun. Each of the plants are at different stages of rebuilding. Neighboring CommunitiesPalo Alto (rates effective 7/1/2025) Neighboring Community Average Menlo Park Redwood City Santa Clara Mountain View Los Altos Hayward 67 76 120 105 58 58 68 48 Table 10 compares the sewer bills for two classes of non-residential customers to what they would be under surrounding communities’ rate schedules. The average monthly commercial sewer bill, assuming 14 CCF of water usage, is about $175 at current rates, which is about 28% higher than the neighboring community average, while the average monthly restaurant sewer bill, assuming 38 CCF of monthly water usage, is about 4% higher. Note that other communities often have specific rates for industrial customers that discharge high intensity wastewater, such as food processors or chemical or electronics manufacturers, but Palo Alto does not currently have any customers that require these special rates. Neighboring CommunitiesPalo Alto (rates effective 7/1/2025) Neighboring Community Average Menlo Park Redwood City Santa Clara Mountain View Los Altos Hayward General Commercial 175 137 162 169 96 174 118 100 Restaurant 710 681 928 1,140 679 574 322 443 As of January 2026, Menlo Park (West Bay Sanitary District) is projecting an average of 4.5% rate increase annually from FY 2027 through FY 2030, Redwood City is projecting a 7% rate Item No. 4 Page 19 of 20 8 8 2 7 9 3 8 2 increase for FY 2027, Los Altos is projecting 15% rate increase annually in FY 2027 and FY 2028, while Hayward is projecting 12% rate increases annually from FY 2027 through FY 2030. Next Steps If Council approves the proposed rate changes, the rates will become effective July 1, 2026. FISCAL/RESOURCE IMPACT POLICY IMPLICATIONS STAKEHOLDER ENGAGEMENT 11, staff presented the preliminary rate proposals at the UAC meeting. Some Commissioners raised affordability concerns and expressed interest in exploring innovative operating cost reductions rather than relying on the traditional approach of deferring capital investments. One Commissioner also requested examples of multi-year rate plans from peer agencies for comparison. 12, staff presented the same preliminary rate proposals to the Finance Committee. Committee members focused on benchmarking rates against comparable utilities. They also inquired about cost-containment strategies. Regarding the $3 million loan from the Fiber utility to the Wastewater utility, one Councilmember asked whether inter-utility borrowing is a common practice and staff explained that it is not common; few cities have so many utilities available to fund such loans. Additional discussion centered on reserve guidelines and the 11 Staff Report 2503-4364: https://cityofpaloalto.primegov.com/viewer/preview?id=0&type=8&uid=18457643- b8bd-4c15-b8db-822059719251 12 Staff Report 2508-5119: https://cityofpaloalto.primegov.com/viewer/preview?id=0&type=8&uid=222f6635- f36a-42de-bdd2-d27f7ac3f713 Item No. 4 Page 20 of 20 8 8 2 7 9 3 8 2 associated risk assessment. Members emphasized that the absence of rate increases during the pandemic created a catch-up scenario that should be avoided in the future. ENVIRONMENTAL REVIEW ATTACHMENTS: APPROVED BY: