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P.H. 2020-12: (PUBLIC HEARING 1ST READING)
AN ORDINANCE AMENDING CHAPTER 50, “WATER,” OF THE CITY OF POMPANO BEACH CODE OF ORDINANCES BY AMENDING SECTION 50.03, “WATER TARIFF,” TO PROVIDE FOR INCREASES TO RATES AND CHARGES FOR WATER SERVICE; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: N/A)
POSTPONED FROM NOVEMBER 12, 2019
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(Staff Contact: A. Randolph Brown)
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Summary Explanation/Background:
In the past two years, we have experienced significant costs that were not part of the last rate increase. In order to comply with ordinances, we must recover the cost of operating the Utilities. Below is a summary of the drivers for the increases and how we measure up to other local and regional Utilities. Raftelis Financial Consultant, Inc., has conducted a rate study and reviewed the City’s water, reuse and wastewater rates and charges for Fiscal years 2020 through 2024.
Origin of request for this action: Utilities
Fiscal impact and source of funding: N/A
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