Five-Year
Sewer Rate Plan Conceptual Approval
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• Sewer Fund Overview• Current Sewer Rate Plan• Ten Year Sewer Rate History• Infrastructure Investments• Five-Year Rate Plan Recommendation
Presentation
Government Code Section 54957.5SB 343Agenda: 1/12/2022 Reg CCItem #12 FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 FY 2021-22
Single Unit
Residential
$664.00 per EDU
(13% Increase)
$724.00 per EDU
(9% Increase)
$739.00 per EDU
(2% Increase)
$739.00 per EDU
(0% Increase)
$754.00 per EDU
(2% Increase)
Multi-Unit/Trailer
Residential
$596.00 per EDU
(13% Increase)
$650.00 per EDU
(9% Increase)
$663.00 per EDU
(2% Increase)
$663.00 per EDU
(0% Increase)
$676.00 per EDU
(2% Increase)
Commercial* (13% Increase) (9% Increase) (2% Increase) (0% Increase) (2% Increase) 3 *Minimum commercial rate is tied to Single Unit Residential 4 Low-interest CWSRF funding resulting in a lower interest rate on debtservice; and4 million dollars in principal forgiveness The CWSRF targets critical green infrastructure, energy efficiencyimprovements, and other environmentally innovative projects.
Impact Fee offset
Impact fees paid by Developers offset rates by $16.5 million 5 The City’s residential sewer rates will remain among the lowest in San Mateo County 6 7
8 Staff will return to the City Council in June of 2022 to recommend rates for FY 2022-23
After City Council Approval Staff will Work with The San Mateo County Assessor's Office to Place Sewer Service Charges on the Tax Rolls Staff will Return Each June During the Five-Year Rate to Affirm Needed Rates
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