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08-25-2025 CC Work Session - Rate Study Presentation
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08-25-2025 CC Work Session - Rate Study Presentation
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Last modified
10/21/2025 1:51:03 PM
Creation date
10/21/2025 1:50:58 PM
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Template:
Administration
Admin Doc Type
Minutes - City Council
Section
City Council
Subject
utility rate study
Document Date
8/25/2025
Retention
Permanent After File Date
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3 <br />•Future activity is arrived at by reviewing the three prior years actual ledger balances, and reviewing the <br />2025-2026 City outlined budgets. Some modifications were made for debt requirements, capital <br />purchases, transfers and grant receipts reviewed with management. <br />•Operating and Payroll Expenses increasing 3-5% per year. Normal operating expenditures are <br />increasing at 3% and payroll increasing at 4–5%. <br />•Capital improvements/infrastructure, equipment, and other capital maintenance items have been <br />identified in the City’s capital plan and are identified to be accounted for in the related enterprise fund. <br />The City does not have any major infrastructure projects outlined during the life of the plan. <br />•The average usage for residential and commercial customers is calculated at approximately 4,000 <br />gallons/month. Charts and graphs were prepared using the calculated average. <br />Key Assumptions
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