|
|
FORESTHILL PUBLIC UTILITY DISTRICT
www.foresthillpud.com
BOARD OF DIRECTORS
Gregory L. Wells Kurt W. Reed, General Manager
Duane L. Frink Paul Chamberlain, District Counsel
William L. Sadler, Jr.
Brett C. Grant
George S. Shaw
Notice of Proposed Water Rate Increase,
Implementation of Existing Infrastructure Repair-Replacement Surcharge, and
Public Hearing
The Board of Directors of the Foresthill Public Utility District does hereby notify its current consumptive rate paying
customers of the following:
► Water Rates:
• Current water rates, i.e., 5/8” or 3/4" residential metered service, $25.00 per month includes up to 10,000 gallons per
month, $2.04 per 1000 gallons over 10,000 gallons per month.
• Current $25.00 per month base rate includes federal, state, local and debt service cost mandates to District of $10.69
per month per customer.
• Proposed new water rates (i.e., 5/8” or 3/4" residential metered service) to increase 10.00%. Cost would be: $27.50
per month includes up to 10,000 gallons per month, $2.24 per 1,000 gallons over 10,000 gallons per month.
• Date of last District water rate increase was October 2006.
• Proposed rate increase justification – District can not continue to absorb increased energy, fuel, materials, labor and
regulatory expenses from General Fund revenues to provide for cost of service of enterprise functions of the District.
• Water rates must be sufficient to pay for all costs of providing water service without subsidy from the General Fund.
The proposed rate increase, if adopted, will be sufficient to cover all of the current costs of providing water service.
► Infrastructure Repair-Replacement Surcharge:
• Current Auditor scheduled cost of depreciation of District’s fixed assets for Fiscal Year 2008-2009 is $358,135.00.
• Proposed new fixed asset Repair-Replacement Surcharge of $3.32 per month. Said surcharge represents 25% of the
full annual cost of depreciation shared equally by water users on a monthly basis.
• Proposed surcharge justification: aging District infrastructure needs to be repaired or replaced to maintain system
integrity and is an obligation of District water users.
• Proposed surcharge revenues shall be designated “restricted” for the specific purpose for which it is intended: to
repair or replace District fixed assets.
• Date of Public Hearing is August 5, 2008 at 7:00 p.m. at the Memorial Hall located at 24601 Harrison Street;
Foresthill, CA 95631.
• For information please call (530) 367-2511. As per Proposition 218, customers may protest these proposed increases
in person at the Public Hearing or by sending their written protest to:
Foresthill Public Utility District – Protest
PO Box 266
Foresthill, CA 95631-0266
• Protest must include your Foresthill Public Utility District Customer Account Number, Placer County Assessor’s Parcel
Number and the physical address of the service location.
• Protests must be received in the District office prior to the close of the Public Hearing held August 5, 2008.
|
