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Table 3-2: FY 2024 Recycled Water Revenue Requirement <br /> OperatingLine TtW Revenue Requirement -FY 2024 <br /> 1 Revenue Requirements <br /> 2 O&M Expenses $2,452,078 <br /> 3 Debt Service $1,415,535 <br /> 4 Rate Funded Capital Projects $50,000 <br /> 5 Total-Revenue Requirements $2,452,078 $12465,535 $0 <br /> 6 <br /> 7 Revenue Offsets <br /> 8 Other Revenues ($969,462) <br /> 9 Interest Income $0 <br /> 10 Total-Revenue Offsets ($969,462) $0 $0 <br /> 11 <br /> 12 Adjustments <br /> 13 Adjustment for Cash Balance ($382,631) <br /> 14 Adjustment to Annualize Rate Increase $488,325 <br /> 15 Total-Adjustments $105,694 $0 $0 <br /> 16 <br /> 17 Revenue Required From Rates $1,588,310 $1,465,535 $0 <br /> Table 3-3 shows the revenue requirement for Zone 7 fixed and variable charges. Since these costs are recovered <br /> through a separate passthrough rate, their revenue requirement is excluded from the other water and recycled water <br /> revenue requirements. The revenue requirements are composed of the Zone 7 Fixed Charges(Column D, Line 2) <br /> and the Zone 7 Variable Charges(Column D, Line 3), which are placed into the corresponding fixed and variable <br /> cost components. The total passthrough revenue requirement is shown in Line 4. <br /> Table 3-3: FY 2024 Passthrough Revenue Requirement <br /> Line 'assthrough - FY 2024 Fixed Variabic <br /> 1 Revenue Requirements <br /> 2 Zone 7 Fixed Charges $9,314,331 $9,314,331 <br /> 3 Zone 7 Variable Charges $12,795,669 $12,795,669 <br /> 4 Total-Revenue Requirements $9,314,331 $12,795,669 $22,110,000 <br /> 3.3• Water System Functions <br /> After determining the water utility's revenue requirement, the next step in a COS analysis is to categorize operating <br /> and capital costs into system functions. Raftelis worked with City staff to determine the appropriate functions for <br /> the operating and capital. The functions for O&M include labor, electricity, other expenses, and attrition savings. <br /> The function for capital costs is water capital costs related to the City's water distribution system. <br /> Operating costs are functionalized based on actual costs and spreading costs between base, max day, and max <br /> hour. For Labor, Electricity, and Other Expenses, actual cost estimates provided by City staff were allocated to <br /> Meter and Customer functions. The remaining costs were allocated based on average max day/max hour <br /> proportions since the water system is primarily transmission and distribution. This is seen in Table 3-4. <br /> 34 CITY OF PLEASANTON <br />