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A-3. Review Annual Utility Rate StudyMEMORANDUM CITY OF C HANHASSE N Chanhassen is a Community for Life - Providing for Today and Planning for Tomorrow TO: Mayor and City Council FROM: Greg Sticha, Finance Director DATE: October 24, 2016—� SUBJ: Utility Rate Study Ehlers & Associates, the city's financial advisors, annually studies the current utility fees and future projects to determine if the rates are appropriate for planned expansions; reconstruction; and maintenance of the water, sanitary sewer, and storm water systems. This evening, the rate study and related changes planned for 2017 will be discussed. There were some changes from last year's projections for utility rates in 2017 as compared to this year's rate study. Water The water rates in last year's study indicated a need for increase in 2017 of 5.5% for connections and operating rates. This year's study indicates a need for 2017 operating rates to increase 6% and staff is recommending an increase in the connection charge of 4%. The need for the change in the operating rate is due to the start of the new West Water Treatment Plant operator around the first of the year (previously had been planned to start late in the year or 2018), and the analyzing of multiple city employees' duties and charging the appropriate amounts to the Utility Funds versus the city's General Fund. The decrease is due to maintained capital cash reserves and to remain competitive in our market. Sanitary Sewer The sanitary sewer rates in last year's study indicated a need for increase in 2017 of 3.5% for operating rates and 2% for connection charges. This year's study indicates a need for 2017 operating rates to increase 4.25%, and staff is recommending a decrease in the connection charge to no change from the previous year. The change in the operating rate is solely due to the 7% increase in the MCES operating charge for 2017. The decrease is due to maintained capital cash reserves and to remain competitive in our market. PH 952.227.1100 • www.ci.chanhassen.mn.us • FX 952.227.1110 7700 MARKET BOULEVARD • PO BOX 147 • CHANHASSEN • MINNESOTA 55317 Todd Gerhardt Utility Rate Study October 24, 2016 Page 2 Storm Water The storm water rates in last year's study indicated a need for an increase in 2017 of 2% for operating rates and 2.5% for connection charges. This year's study indicates a need for 2017 operating rates to increase 4%, and staff is recommending a decrease in the connection charge to I% as compared to the previous year. The change in the operating rate is due mostly to significant and increasingly complex unfunded mandates imposed on cities by the state. Meeting new storm water requirements is expensive and puts pressure on all cities to increase stonn water rates. The decrease is due to maintained capital cash reserves and to remain competitive in our market. SUMMARY Attached is the entire rate study, as well as the executive summary prepared by Ehlers & Associates. Jessica Cook from Ehlers will be present to review the study and answer any questions. Ms. Cook will present a brief PowerPoint that highlights the key areas of the study. No action is needed on this item at tonight's meeting. On December 12"', the city council will consider an amendment to the fee ordinance, which will incorporate any changes discussed at tonight's meeting and future meetings. ATTACHMENTS 1. Rate Study Executive Summary and Detailed Information/ fAgregslrate study\2016 utility study memo 10-24-16.doex 10 FREERS October, 2016 Utility Rate Analysis for 2017 Rates City of Chanhassen, Minnesota CITY OF CHANHASSEN Prepared By: City Staff and Ehlers W -m-11 —W-- --- 1-800-552-1171 1 www.ehlers-inc.com Key Findings The goal of a rate study is to ensure the long-term financial health of the utility enterprise funds. Toward this end, the City of Chanhassen annually updates its utility rate study. The 2017 rate recommendations for storm water, sanitary sewer and water rates are in the charts below, along with last year's recommendations for comparative purposes. ProposedStorm Water Last Year's Last Year's Proposed Proposed Increases for Increases for 2018 and 2018 and 2017 Revised 2017 Beyond User Charges 2.00% 4.00% 4.00% Area Charges 2.50% 1.00% 1.00% Managing stone water is a significant and increasingly complex mandate imposed on cities by the state. Meeting new stone water requirements is expensive and puts pressure on all cities to increase storm water rates. The proposed quarterly user rate of 4% is higher than the 2% projected last year. This is a reflection of the increased requirements for improving storm water quality and to pay for the City's storm water costs incurred in hook-up with street reconstruction projects. The storm water hook-up fees are proposed to increase at 1% to keep the City's fees competitive with other developing communities. The single biggest expense in the storm water utility is the Metropolitan Council Environmental Services (MCES) disposal charge. After four years of small increases and some decreases, the MCES charge increased 7% between 2016 and 2017. The proposed 4.25% rate increase in 2017 and beyond reflects the increase in MCES charges plus the reallocation of city costs as discussed below. Hook-up charge increases do not need to be increased because much of the system has already been constructed. ProposedSanitary Sewer Last Year's Proposed Increases for 2018 and 2017 Revised 2017 Beyond User Charges 3.50% 4.25% 4.25% Hook -Up Fees 2.00% 0.00% 0.00% The single biggest expense in the storm water utility is the Metropolitan Council Environmental Services (MCES) disposal charge. After four years of small increases and some decreases, the MCES charge increased 7% between 2016 and 2017. The proposed 4.25% rate increase in 2017 and beyond reflects the increase in MCES charges plus the reallocation of city costs as discussed below. Hook-up charge increases do not need to be increased because much of the system has already been constructed. For a typical residential customer using 26,000 gallons of water per quarter, the difference between a 5.5% and 6% water rate increase is .31 cents per quarter. Last year we expected the new water treatment plant operator to be added to personnel operating costs in 2018. The cost of the new operator (estimated at $80,000 per year) has been moved up to 2017. In addition slower growth in 2016 impacts cash balances and future user revenues. Together, these factors contribute to the need for a higher rate increase in 2017. Rate increases less than those recommended above will weaken the cash positions of the utility funds and may attract questions from Standard and Poor's. The City currently benefits from the AAA rating it has earned from Standard and Poor's. Rating agencies pay attention to enterprise fund activities for cities, and Standard and Poor's rating methodology looks at whether enterprise funds will put financial burdens on the general fund due to structural imbalances (i.e., insufficient utility revenue). Growth How quickly the City grows will impact the utility fees collected, the hook-up revenues, and storm water area charges. For the rate study, we have assumed that there will be 130 new residential units constructed each year from 2017 through 2024 and 120 units per year thereafter. In addition to the residential growth, 28 SAC units are assumed to come from commercial development and new irrigation meters. Staff has received feedback from developers that the City's utility related development fees are high compared to other communities. This rate study's recommendations for hook-up fee increases balance the need to keep developer fees competitive while also covering growth related infrastructure costs. The chart in Appendix A compares the City of Chanhassen's development fees for a new single family home with the Key Financial Strategies (KFS) comparison cities. The chart in Appendix B compares the City's fees with neighboring communities. Storm Water Fund The City of Chanhassen collects two types of storm water fees: quarterly storm water fees paid by all property owners, and storm water area charges paid by developers when land is platted. We are recommending a 4% rate increase to the quarterly storm water fee for 2017 and beyond. This is consistent with the 2014 rate study, but higher than the 2% increase projected last year. The difference between a 2% and a 4% rate increase is .21 cents per quarter. Water Proposed Rates Last Year's Proposed Increases for 2018 and 2017 Revised 2017 Beyond User Charges 5.50% 6.0% 6.0% Hook -Up Fees 5.50% 4.0% 4.0% For a typical residential customer using 26,000 gallons of water per quarter, the difference between a 5.5% and 6% water rate increase is .31 cents per quarter. Last year we expected the new water treatment plant operator to be added to personnel operating costs in 2018. The cost of the new operator (estimated at $80,000 per year) has been moved up to 2017. In addition slower growth in 2016 impacts cash balances and future user revenues. Together, these factors contribute to the need for a higher rate increase in 2017. Rate increases less than those recommended above will weaken the cash positions of the utility funds and may attract questions from Standard and Poor's. The City currently benefits from the AAA rating it has earned from Standard and Poor's. Rating agencies pay attention to enterprise fund activities for cities, and Standard and Poor's rating methodology looks at whether enterprise funds will put financial burdens on the general fund due to structural imbalances (i.e., insufficient utility revenue). Growth How quickly the City grows will impact the utility fees collected, the hook-up revenues, and storm water area charges. For the rate study, we have assumed that there will be 130 new residential units constructed each year from 2017 through 2024 and 120 units per year thereafter. In addition to the residential growth, 28 SAC units are assumed to come from commercial development and new irrigation meters. Staff has received feedback from developers that the City's utility related development fees are high compared to other communities. This rate study's recommendations for hook-up fee increases balance the need to keep developer fees competitive while also covering growth related infrastructure costs. The chart in Appendix A compares the City of Chanhassen's development fees for a new single family home with the Key Financial Strategies (KFS) comparison cities. The chart in Appendix B compares the City's fees with neighboring communities. Storm Water Fund The City of Chanhassen collects two types of storm water fees: quarterly storm water fees paid by all property owners, and storm water area charges paid by developers when land is platted. We are recommending a 4% rate increase to the quarterly storm water fee for 2017 and beyond. This is consistent with the 2014 rate study, but higher than the 2% increase projected last year. The difference between a 2% and a 4% rate increase is .21 cents per quarter. The proposed rate increases will result in the following quarterly fee for a single family home. Proposed Quarterly Storm Water Rates 7 Fixed Quarterly Fee $10.26 $10.67 $11.09 $11.54 Commercial and multifamily properties pay storm water fees based on their land use type and acreage. The proposed rates will be adequate to meet on-going, maintenance related storm water expenditures, which include pond maintenance, street sweeping, and implementing the surface water management plan. Furthermore, the City of Chanhassen's quarterly storm water charge remains competitive with both neighboring and KFS cities. $35.00 $30.00 $25.00 $20.00 $15.00 $10.00 $5.00 $0.00 2016 Quarterly Storm Water Charges for Residential Users in s v s c w 0 m 01n v o m o w o 2016 Quarterly Storm Water Charges for Residential Users in KFS Cities $30.00 $25.00 $20.00 $1500' $10.00 $5.00 $0.00 'nT a m> >ffi o n n 00 ry x < m v � _ C9 G1 � F o 4 n 00 ry Storm Water Development Charges In 2016 the City Council adopted a new rate structure for storm water development fees. Staff reports that the new structure is working well. These fees are proposed to increase 1% annually and result in the following charges for 2017. Proposed Storm Water Area Charges Target Cash Reserves - Storm Water Fund The projected cash balance in the storm water fund is shown in the following graph. The target cash reserve is a base of $1 million dollars inflated over time, in order to provide sufficient funds for future capital needs. The target cash amount approximates 6 months operating expenses plus the cost of the next year's capital improvements. We expect capital needs will grow as the State develops more regulatory requirements related to storm water management. Storm Sewer Fund Capital Cash Reserves 2,000.000 - - - - - — - 1,800,000 1,600,000 1.400.000 1,200,000 r , 000,000 800,000 , 600,000 400,000 200,000 0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 ■Target Working Capital ,l Projected Cash Balance 2016 - r (Before Credits) for Credits) Single Family $3,110 $4,440 $8,000 $8,080 Medium Density $5,840 $6,140 $9,593 $9,690 Residential Townhouse $5,840 $6,140 $14,371 $14,515 Apartment Complex/ $6,490 $9,510 $14,371 $14,515 High Density Commercial $22,940 $8,900 $30,299 $30,602 Industrial $18,030 $8,900 $20,742 $20,950 Target Cash Reserves - Storm Water Fund The projected cash balance in the storm water fund is shown in the following graph. The target cash reserve is a base of $1 million dollars inflated over time, in order to provide sufficient funds for future capital needs. The target cash amount approximates 6 months operating expenses plus the cost of the next year's capital improvements. We expect capital needs will grow as the State develops more regulatory requirements related to storm water management. Storm Sewer Fund Capital Cash Reserves 2,000.000 - - - - - — - 1,800,000 1,600,000 1.400.000 1,200,000 r , 000,000 800,000 , 600,000 400,000 200,000 0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 ■Target Working Capital ,l Projected Cash Balance Sanitary Sewer System Sanitary Sewer Capital Improvements The capital improvement plans for the sanitary sewer funds are attached in Appendix C. Major capital improvements include: • Replacing sewer mains under street reconstruction projects. • 2010 MUSA Sanitary Lift Station in 2018. We have assumed that half of this project cost will be assessed, with assessments deferred for up to five years. • Lower Bluff Creek Trunk Utility Improvements. • TH 101 Improvements from Pioneer to Flying Cloud Drive. • $200,000 per year indefinitely to address inflow and infiltration. Sanitary Sewer Operating Expenses The driving factor in setting sewer rates is the Metropolitan Council Environmental Services' (MCES) disposal fee, which is the single biggest expense in the Sewer Fund. Early in the decade the MCES charges were increasing rapidly, and the City was expecting to have to increase its sewer rates accordingly. Our rate study from 2011, for example, projected 6% and 7% annual rate increases. Fortunately, the MCES cost moderated, and even declined, allowing the City to maintain more modest rate increases for the last several years. The MCES has informed the City that 2017 charges are going to increase 7.2%. The following chart shows the last five years of MCES charges plus the expected cost in 2017. 2011 We $ 1,519,879 9.7% 2012 $ 1,506,629 -0.9% 2013 $ 1,3981891 -7.2% 2014 $ 1,451,000 3.7% 2015 $ 1,579,600 8.9./.- .9%2016 2016 $ 1,436,872 -9.0% 2017 $ 1,540,900 .2% 7.20/6- We have assumed future MCES charges will increase by an average of 4% per year. We are also anticipating additional costs being allocated to the sewer fund beginning in 2018. Over the next year staff intends to ensure that all utility related expenses, in particular IT costs, are being borne by the utility funds. Utility funds are Enterprise Funds and are supposed to "pay their own way" without any support from the General Fund or other sources. Last year we recommended a 3.5% rate increase to city sewer rates in 2017 in response to the decline in MCES charges. This year we are recommending a 4.25% annual increase to the City's sewer rates in 2017 and annually thereafter. The proposed sewer rates are shown in the following chart. The difference between a 3.5% and a 4.25% rate increase is .84 cents per quarter for a customer using 26,000 gallons. Quarterly Sewer Rates Fixed Quarterly Fee includes 6,000 gallons) 2289 23.86 24.88 25.93 Usage Fee (per 1,000 gallons over 6,000 4.48 4.67 4.87 5.08 gallons) The City of Chanhassen's sewer rates for a sample homeowner are compared to other communities in the graphs below. $180.00 $160.00 $140.00 $120.00 $100.00 $80.00 $60.00 $40.00 $20.00 $0.00 n N O N 2016 Sewer Charges of Neighboring Communities Assuming 26,000 Gallons per Quarter for Residential Users n m T 3 m S 8 ii n N O J 2016 Sewer Charges for KFS Cities Assuming 26,000 Gallons per Quarterfor Residential Users $160.00 $160.00 ■ Base Fee ■ Usage Fee $140.00 $120.00 $100.00 $80.00 $60.00 $40.00 $20.00 $0.00 n C� 0 x B 47 9 Gl a m N 5 € a C� J m S N 7 Sanitary Sewer Hook-up Fees Hook-up and platting fees are an important source of revenue needed to expand the sanitary sewer system. The 2016 sewer hook-up and platting fees total $2,302 per residential unit. We are recommending that sanitary sewer hook-up and platting fees increase 0% in 2017 and beyond. Target Cash Reserves — Sanitary Sewer Fund Adequate cash reserves are needed to accommodate cash flow needs, fund emergency repairs, and save for larger future capital projects. The projected cash balance for the Sanitary Sewer Fund, as compared to the target cash reserve, is shown in the following graph. The target cash reserve equals approximately $4 million increasing 2% annually. Sewer Fund Capital Cash Reserves 6.000.000 -- - ----- -- - _.— - --- 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 ■Target Working Capital aProjected Cash Balance Water System Water Capital Improvements and Bonding Major capital improvement plans for the water fund include: • West Water Treatment Plant. The treatment plant is estimated to cost $20 million with construction commencing in 2017. • Replacing water mains under street reconstruction projects • Oversizing costs to extend water main along TH101 and to the Lower Bluff Creek area • Painting of the Watertower Place in 2019 • New wells in 2021, 2024, and 2027 • Elevated Storage Tank in 2023 Operating costs make up 41% of the average annual costs of the City's water system, as shown in the chart below. Water System Average Annual Costs 2017-2026 ■ Operating ■ Existing Debt ■ Capital and Debt The cost of the treatment plant is split with 50% paid by user charges and 50% paid with hook- up fees. Based on conversations with the City Engineer, this allocation of costs is consistent with the demand patterns created by growth of the community. All capital costs are inflated 4% annually beginning in 2018. The rate study anticipates the need to bond for a majority of the improvements listed above. The need to issue bonds depends upon many factors, and the City should annually review whether it has sufficient cash to pay for capital improvements prior to issuing debt. Proposed Water Rates Over the next five years, the proposed water rates shown on the following chart are necessary to meet future operating, capital and debt costs. 6.0% Annual Water Rate Increases Tier 1 0-6,000gallons) 2016 1.16 2017 1.23 2018 1.30 2019 1.38 Tier 2 6,001-24,000gallons) 2.32 2.46 2.61 2.76 Tier 24,001-48,000gallons) 2.90 3.08 3.26 3.46 Tier 48,001-99,000gallons) 3.37 3.57 3.78 4.01 Tier 5 Over 99,000gallons) 4.28 4.54 4.81 5.10 Different types of water customers are currently billed at different tiers: 0 Single family residential customers are billed using all five tiers. • Multifamily properties pay a flat rate per thousand gallons. The multifamily rate for 2016 is $2.32 per gallon. • Commercial customers are billed using Tiers I through 4 only. • Irrigation meters are billed using all five tiers. In addition to the usage charges above, the City of Chanhassen collects a fixed quarterly charge of $8.43 per connection for the water utility. In 2017, the fixed quarterly charge is proposed to increase the same rate as the usage charges resulting in a quarterly charge of $8.94. The City of Chanhassen's water rates are competitive with both its neighboring communities and KFS cities. 2016 Water Charges for Neighboring Communities Assuming 26,000 Gallons per Quarter for Residential Users $120.00 — $100.00 $80.00 $60.00 — $40.00 — $20.00 — $- Chanhassen Proposed Chaska Eden Prairie Excelsior Minnetonka Shakopee Shorewood Victoria 2016 Chanhassen 2017 is Usage Fee is Base Fee 10 Water Hook-up Fees Water platting and hook-up fees are an important source of revenue needed to expand the water system and to pay for the second treatment plant. 2016 Fee $6,882 Combined Platting and Hook-up Fee) Proposed 2017 Fee $7,157 (Combined Plattino and Hook-uo Fee) Amount Increase Developers are concerned about the total cost of City fees associated with their development. In this report we are recommending no increase to the sewer hook-up fees. Containing cost increases in the other utilities will help lessen the impact on land developers of the proposed water hook-up charges. Target Cash Reserves for the Water Funds The cash balance of a fund is a measure of its financial health and allows the City to respond to unexpected events without imposing sudden rate increases. The City's cash reserve target for the Water Fund has historically been equal to six months' worth of operating costs plus 10% of accumulated depreciation. The following graph shows the projected cash balances as measured against target cash reserves. 11 2016 Water Charges for KFS Cities Assurning 26,000 Gallons per Quarter for Residential Users $120.00 v Usage Fee ■ Base Fee $100.00 $80.00 $60.00 $40.00 ri $20.00 C F d N Q N d NN yC NO pp, N N 02 QC N aL J (n LiS UQ U C C•g a• U = Water Hook-up Fees Water platting and hook-up fees are an important source of revenue needed to expand the water system and to pay for the second treatment plant. 2016 Fee $6,882 Combined Platting and Hook-up Fee) Proposed 2017 Fee $7,157 (Combined Plattino and Hook-uo Fee) Amount Increase Developers are concerned about the total cost of City fees associated with their development. In this report we are recommending no increase to the sewer hook-up fees. Containing cost increases in the other utilities will help lessen the impact on land developers of the proposed water hook-up charges. Target Cash Reserves for the Water Funds The cash balance of a fund is a measure of its financial health and allows the City to respond to unexpected events without imposing sudden rate increases. The City's cash reserve target for the Water Fund has historically been equal to six months' worth of operating costs plus 10% of accumulated depreciation. The following graph shows the projected cash balances as measured against target cash reserves. 11 Water Fund Capital Cash Reserves 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 -- 3,000,000 2,000,000 1,000,000 0 o v 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 ■Target Working Capital OProjected Cash Balance 12 Putting It All Together: The Utility Bill The chart below shows a utility bill for a sample of residential customers who use varying amounts of water, assuming the treatment plant is constructed in 2017. Proposed hook-up fees for a single family home are also shown. Sample Water, Sewer and Storm Sewer Bills Actual 2016 Average Quarterly Residential Bill 26,000 gallons water and 26,000 gallons sewer Water 62.95 Sewer 111.88 Storm 10.25 Total $185.08 Percent Increase Amount Increase 2017r2019 66.73 116.63 10.66 $194.02 4.8% $8.94 Proposed 70.73 121.59 11.09 $203.41 4.8% $9.39 74.97 126.76 11.53 $213.26 4.8% $9.85 209 79.47 132.15 11.99 $223.61 4.9% $10.35 Sample Bill for Lower Water User 11,000 gallons water and 8,000 gallons sewer Water 26.99 28.61 30.33 32.15 34.07 Sewer 31.78 33.13 34.54 36.01 37.54 Storm 10.25 10.66 11.09 11.53 11.99 Total $69.02 $72.40 $75.95 $79.68 $83.60 Percent Increase 4.9% 4.9% 4.9% 4.9% Amount Increase $3.38 $3.55 $3.73 $3.92 Sample Bill for Higher Water User 255,000 gallons water and 26,000 gallons sewer Water 962.7 1,020.46 1,081.69 1,146.59 1,215.39 Sewer 111.88 116.63 121.59 126.76 132.15 Storm 10.25 10.66 11.09 11.53 11.99 Total $1,084.83 $1,147.76 $1,214.37 $1,284.88 $1,359.52 Percent Increase 5.8% 5.8% 5.8% 5.8% Amount Increase $62.93 $66.61 $70.51 $74.64 Actual Proposed 2016 2017 2018i r i City Sewer Hook-up Fees 2,302 2,302 2,302 2,302 2,302 City Water Hook-up Fees 6 882 7 157 7 444 7 741 8 051 Total $9,184 $9,459 $9,746 $10,043 $10,353 Percent Increase 3.30% 3.00% 3.03% 3.06% 3.08% 13 Appendix A: Development Fee Comparison with KFS Cities Comparison of 2016 Sewer, Water and Stormwater Development Fees for a Single Family Home Assumes 1/3 net developable acres on the site and a V water meter 14 Stormwater* TOTAL Comments Sewer (City SAC) Water Subtotal Water and Sewer Chanhassen 2016 $ 2,302 $ 6,882 $ 9,184 $ 2,667 $ 11,851 Chanhassen $ 2,302 $ 7,157 $ 9,459 5 2,693 $ 12,153 Proposed 2017 Chaska $ 4,377 $ 4,827 $ 9,204 $ 3,288 $ 12,492 Cottage Grove$ 1,317 $ 2,256 $ 3,573 $ 2,320 $ 5,893 (West Draw Area 2) Elk River $ 4,750 $ 3,425 $ 8,175 $ 226 $ 8,401 Inver Grove Heights Storm water improvements are (outside Northwest $ 1,848 $ 4,628 $ 6,475 $ - $ 6,475 paid forwith storm water Area) taxing districts. Inver Grove Heights $ 6,257 $ 6,183 $ 12,440 $ 3,995 $ 16,435 (Northwest Area) Lino Lakes $ 3,273 $ 4,319 $ 7,592 $ 2,105 $ 9,697 The City also charges $18,000 per plat for water and sewer Prior Lake $ 1,775 $ 4,726 $ 6,500 $ 1,023 $ 7,523 connections ($9,0o0 -water and $9,000- sewer) regardless of number of units platted. Rosemount $ 1,558 $ 4,342 $ 5,900 $ 3,058 $ 8,958 Savage $ 4,069 $ 4,893 $ 8,961 $ 4,530 $ 13,492 Shakopee (County835ervice $ 2,691 $ 6,104 $ 8,795 $ 2,701 $ 11,496 Area) Single family homes that have not paid trunk charges (i.e., Stillwater $ 2,857 $ 3,757 $ 6,614 $ 3,783 $ 10,397 newly annexed or in-fil I (Phase III Annex Area) development) are charged total of $7,932 for water and sewer cannecti on fees. 2,703 $ 10,115 14 Appendix B: Development Fee Comparison with Neighboring Cities Comparison of 2016 Sewer, Water and Storrnuuater Development Fees for a Single Family Horne Pssurnes 1/3 net developade acres on the site and a V water meter 15 $ 6,882 Chanhassen 2036 $ 2,302 $ 9,184 $ 2,667 $ 11,851 Chanted en Proposed 27 201M $ 2,302 $ 7,157 $ 9,459 $ 2,693 $ 12,153 Chaska $ 4,377 $ 4,827 $ 9,204 $ 3,288 $ 12,492 Filen Prairie $ 2,256 $ 3,901 $ 6,156 $ 6,156 Stour ter cha rges are permit fee based for construction W thi n a right of way, for example. Excelsior $ 1,000 $ 2,000 $ 3,000 $ 3,000 Mnnetonka $ 997 $ 1,772 $ 2,769 $ 2,769 Shakopee (Courny8i Service Area) $ 2,691 $ 6,104 $ 8,795 $ 2,701 $ 11,496 Shorewood $ 1,200 $ 10,000 $ 11,200 $ 111200 Victoria Average $ $ 1,620 2,020 $ 5,380 $ 7,000 $ 12,632 r $ 19,632 15 Appendix C — Projections and Capital Improvement Plans Storm Water Fund Projection Storm Water Capital Improvement Plan Sanitary Sewer Fund Projection Sanitary Sewer Capital Improvement Plan Water Fund Projection Water Capital Improvement Plan 112 a��o o omm a N n n 000 mmn �p000000o Eq n N - N m Q V E O Q M VM O FZ 3Ye �3Y A'b�de m r mnoaN mm m'o000moo ON N o d0j L OSNOSSO � mSm ��° nu`"i om v"v n " E m a w ''4cd c a 9� °' 4 cc d F epee e��ee�-� mmQ OrOOro00000000 doe cd F'd c mm cW c ---0-0 m rvmm m� n rvnoa m 0 NoSN8SS8 C _>Z,n U YJ m 4' ll W% W W U d 0 nINN4~ O R `CO w'-0~ O dO—U 2 Z Z W Y N n O N m r m °I O N M 0 N r NN ^ ^ N N N N N N N Nmn n n M M M M M P Q IV VV f N d'S�d'e'e die m NIOm �OONN mN OOOOOOOOOM SON0000 N NNIS O10 mP h_ m tp Y]tPVO ^ ry<N�oinN- � e omQ mmm mQ N pp N eaR mm Nolo o o o o 00op n ^m^o moose �N N PO Qd °1 N MONNmOOS �- MND W ss O mMa S^m y� ale N SO M 01 poo �o �o a^one mQ o u1 a` oNNmmN o, � m� gi m ma $n o Nr P00000000m m mlh O S^m 0Q M de 3e bee a¢aY.� r m oro mm o000000m r SSNSS S -o m �nM �� ma eom o m`�eo w rvVN.-MnN.- �.ira N �d vvmi v�" �� ry M ��QQ qq O M S N O Q O m p O 0 o ........ 00000Om v 00 O vv YEN m S N Q 4 O b O N S� m Yl M N W Q m M O [OO ON r N W N Q pmp g M eEe awe �-d'be r mm VOnN m �mOOOOOOOOON O O O N O O O S N VIN pp 0 N N b �p m O t° N N m S N Ol T d n 5Q�QQ �.oJ�nlo+Irv� m SS,X Q m MgogS �� m n o000000000q ggpvy� E cmc' n� = N P d W e e e e a O O O O 00 O O S] m O O O O O S O 0 N p p pO N V e e a SNm MmOmb CIO S "PION N O N T rmM 1�r YO pp00000yy °! °I �N Q 10 Q e ^ m E� b N tOV N N O pm �OpO n N O^ Q Mmf m W ry h N m M t0 N P ^ N comm mm r om Q m �uMim mm n $000m� nm`m° rvr v� n O btU �m O Nm vmoi NMNN 6r W N �P N d d ua mem � m' � nmmM000mQ o� `�� � m r voi�m ro�+o�m a m�mry o M �Pm N m m M ^ n m P - u E FZ p U = y CF d0j L E m a w ''4cd c a 9� °' 4 cc d F E m U VI a O cd F'd c mm cW c ---0-0 m� `pW pnoE L_ .dd. dnnnOU 0 LL' C�f'F U6mf C _>Z,n U YJ m 4' ll W% W W U d 0 nINN4~ O R `CO w'-0~ O dO—U 2 Z Z W N n O N m r m °I O N M 0 N r NN ^ ^ N N N N N N N Nmn n n M M M M M P Q IV VV A Z a` C d d r N o m 3 EL N E U y o E —"o m U U) V D e n n M J Q M o n n N m 0 O 0 0 O N 0 O Q� W J ? m 0 O i e Q n N Q N V Lt'[�iJ.l O O N O O i N O O O O O O O N O O O O i e O O n O N O N N r O N O O p o 0 0 0 O O O O O N O N O O1 O O O O O N O N O O O O O O O O O N O N O O O O N O O O O W O O O N O N O r N r O O O N N O O O N O O O N O N O O O O N O O O O O O N O O O ri. 0 O O p 0 0 O O O O N O N 0 0 O N O N O r 0 O O N 0 O O O n M o o 0 0 0 0 o N 0 o 0 0 0 0 0 0 N N O O O O O O O O O O O O O O O O O O Q�` aadadaaaaaaaaaaaaa wwwam�ydNdNNNmww�n �n v>�NN o a` y d @ U 4 U K c O N > _= E OO y 0 E E E E E c E c m m m o 0 E a c 10 E d c o u@ m m E 2 22 C N J@ O O@ O Y C -t@ Y N> .@. 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