Laserfiche WebLink
The City’s current Capital Improvement Plan was used to determine expenditures for the years <br />2017 to 2020. For the years 2021 to 2040, the above costs were spread evenly over the 20 year <br />period, while being inflated at a rate of 3% per year. <br />D.DICWP <br />EVELOPMENTAL MPACT ON OMPREHENSIVE ATER LAN <br />Population and Growth <br />Actual and projected development within the City of Ramsey since the 2012 Comprehensive <br />Water Plan was developed are summarized as follows: <br />Connections from 2012-2015 are as follows: <br />· <br />-2012: 295 <br />-2013: 164 <br />-2014: 66 <br />-2015: 258 <br />-Avg: 196 <br />Projected development is as follows: <br />· <br />-160 Residential Units/Year, (50% High Density) <br />-10 Commercial/Industrial Acres/Year <br />-567 Residential Units in NE Expansion Area <br />The development projections above are projected to occur from 2016 to 2040. The total projected <br />number of new units to be served by the water system, after a high density unit adjustment of 0.7 <br />per high density unit, is 3831 units. This represents an average of 160 units per year will be <br />developed. The attached Table 1 provides a summary of both the 2012 comprehensive Water Plan <br />population and water demand projected, and the updated projections based on new development <br />information. <br />E. <br />ANALYSIS <br />Our detailed analysis (depicted on a spreadsheet at the back of this report) provides an evaluation <br />of the impact of development and proposed improvements on the current rate structure. The <br />following assumptions were made for the analysis: <br />Capital expenditures for 2017 to 2020 were taken from the City’s current Capital <br />· <br />Improvement Plan. <br />Capital expenditures for the years 2021 to 2040 were based on assumptions described in <br />· <br />Sections B and C above. <br />Operating expenses of $836,662 were used for 2017 and then inflated at a rate of 4% per year <br />· <br />for the duration of the analysis period. <br />Treatment facility operating expenses were assumed to begin in 2029 at an annual rate of <br />· <br />$1,000,000 per year and then inflated at 3% per year each year after 2029. <br />Water usage rates of $2.57/1,000 gallons for 2017 were used and then inflated at a rate of 2% <br />· <br />per year after 2017. <br />Water Availability Charges of $1,236 were used for 2017 and then inflated at a rate of 2.5% <br />· <br />per year after 2017. <br />Trunk charges of $1,720 were used for 2017 and then inflated at a rate of 2.5% per year after <br />· <br />2017. <br /> <br />City of Ramsey, Minnesota – R16.110056 Page 3 <br /> <br />Comprehensive Water Plan Update Prepared by Bolton & Menk, Inc. <br /> <br />