The City Council shall annually review the rates charged for water service within the City to insure that such rates shall produce gross revenue at least sufficient to pay the expenses of operation, maintenance and replacement of the water utility, and will leave a balance of net revenues sufficient at all times to pay the principal of, and interest on any outstanding revenue bonds and pledge orders as they become due, and will maintain a reasonable reserve for the payment of principal and interest. To insure sufficient gross revenues for such purposes, the following schedule of rates and charges is imposed.
1. For bills due and payable on or after April 1, 2024, the following rates apply:
A. Service Availability Charge. There is imposed for each billing period, a service availability charge upon each separately metered residential, commercial, industrial or educational premises, directly or indirectly served by a connection to the waterworks systems, based on the following:
Meter Size | Meter Equivalence Factor | Monthly Equivalent Meter Cost | Monthly Billing Cost | Monthly SAC Charge |
5/8" | 1 | $7.94 | $2.19 | $10.13 |
3/4" | 1.5 | $11.91 | $2.19 | $14.10 |
1" | 2.5 | $19.86 | $2.19 | $22.05 |
1 1/2" | 5 | $39.70 | $2.19 | $41.89 |
2" | 8 | $63.53 | $2.19 | $65.72 |
3" | 17.5 | $138.96 | $2.19 | $141.15 |
4" | 50 | $397.02 | $2.19 | $399.21 |
6" | 100 | $794.05 | $2.19 | $796.24 |
8" | 175 | $1,389.59 | $2.19 | $ 1,391.78 |
B. Water Use Rates. In addition to the service availability charge, there are imposed the following water rate charges based on actual metered usage during the billing period for which such charges are assessed:
(1) For the first 5,000 gallons used, $6.83 per 1,000 gallons, plus
(2) For all gallons used in excess of 5,000 gallons, $9.58 per 1,000 gallons.
(Ord. 2165 - Mar. 24 Supp.)