City of Rialto
PHASE 1: Water and Wastewater 2023 Revenue Analysis
August 22, 2023
City Council Meeting
Agenda
Comparator Rates for wastewater and water
Review wastewater financial status, then water
Review the current utility budget and compare it with revenues Show reserves
Show projected financial condition with no rate increases Performance measures:
Amount of Revenue Stabilization funds needed
Trustee debt service coverage
Ability to pay O&M expenses
Ability to pay capital expenses
Show funds available for capital projects with no rate increases Discuss staff recommendation to move forward with Phase 2
FY 23/24 RUA Budget: Wastewater
FY 23/24 RUA Budget: WastewaterComparison ofRevenues andExpenses
Wastewater reserves
RUA cash in bank: $21.5M
DIF funds held in trust: $7.5M
Estimated next five years of DIF revenues: $1.75M
Additional restricted reserves held in trust
No formal policy exists regarding minimum RUA cash in bank balance
FY 23/24 RUA Budget: Water
FY 23/24 RUA Budget: WaterComparison ofRevenues andExpenses
Status Quo: no rate increases; no CIP
Monthly bill if rate increases are applied across the board to Monthly Service Charges and Commodity Charges.
Actual rate structure alternatives considered by the City may result in different monthly bill totals. $13.2M in unfunded water revenue stabilization in next five years
Capital Improvements: $55.9 MPriority Infrastructure Upgrades Wastewater: $47 M
Sycamore Sewer Upsize: $5M
Acacia Sewer Upsize: $2M
Digester 1 Activation & Digester 2 Rehab: $1.8M
Rialto Biosolids: $21.9M Remaining
Agua Mansa Lift Station Upgrades: $2M
Secondary Clarifier 1 and 2 Upgrades: $0.5M
Ayala Lift Station Upgrade and Repair: $2M
WWTP Electrical Upgrades: $8.8M
Rialto Habitat Nature Center: $3M Remaining
Water: $8.9 M
Etiwanda Avenue Water Main Replacement: $6.7M
Well 3A Arsenic Treatment: $2.2M Remaining
Updated Contract Timeline
Date
Notes/Status
PHASE 1
1 Kick-off Meeting with staff
On or before April 21, 2023
COMPLETE
2 Water Subcommittee Meeting
June 28, 2023
COMPLETE
2A
Water Subcommittee Meeting
July 26, 2023
COMPLETE
3 Meetings with Council
Week of August 6 & 13
COMPLETE
4 Utilities Commission Meeting
August 15, 2023
COMPLETE
5 City Council Meeting
August 22, 2023
Present Results of Phase 1
PHASE 2
6 Water Subcommittee Meeting
August 29, 2023
August date rescheduled
7 One Month for Public Education Campaign
September 2023
8 Utilities Commission Meeting
September 19, 2023
9 Set Prop 218 Public Hearing
September 26, 2023
10 Prop 218 Mailing
September 29, 2023
11 Conduct Prop 218 Public Hearing
November 14, 2023
12 Rates Effective
January 1, 2024
Recommendation
Request that the City Council and Rialto Utility Authority authorize staff to proceed with the preparation of Phase 2: Water and Wastewater Rate Schedule.