HomeMy WebLinkAbout1999-04-13; City Council; Resolution 99-1290 0
1
2
3
4
5
6
7
a
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
RESOLUTION NO. 99-129
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF CARLSBAD, CALIFORNIA TRANSFERRPNG
FUNDS FROM THE SEWER OPERATIONS FUND
BALANCE TO THE SEWER FIXED ASSET REPLACEMENT
FUND AND SETTING THE DATE FOR THE PUBLIC HEARING
TO ADJUST SEWER RATES
WHEREAS, a review of the Sewer Operation Fund Balance shows the level of
required revenues exceeds the level stated in the 1996 Rate Study; and
WHEREAS, these unreserved funds are the result of revenue being generated whi
were set to provide fimding for operations and maintenance of the City’s sewer collection
system as well as the City’s share of the Encina Wastewater operations; and
WHEREAS, as a result of a reorganization within Encina’s operations, the City ha
realized a reduction in annual Encina cost of services; and
WHEREAS, a financial “wastewater rate model” has been developed to better
forecast future expenditures and revenues and with improved forecasting it has been
recommended the existing monthly sewer flat rate charge be reduced from $15.00 to $13.C
and that the existing monthly sewer flow-based charge by 9.6% for all remaining customel
categories; and
WHEREAS, the Public Hearing is required to take public input regarding the
proposed sewer rate adjustments.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Carlsbad, California as follows:
1. The above recitations are true and correct.
2. That unreserved funds be transferred fi-om Sewer Operations Fund Balance to tl
I 1 Sewer Fixed Asset Replacement Fund.
~ /I i
.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
I/
0 m
3. That a Public Hearing is set for May 4, 1999 to take public input regardin:
the proposed sewer rate adjustments.
PASSED, APPROVED AND ADOPTED at a regular meeting of the City Counc
the City of Carlsbad, California held on the 13th day of April
1999, by the following vote:
AYES: Council Members Lewis, Hall, Finnila, Nygaard and Kulchin
NOES: None
ABSENT: None
(SEAL)