Agenda

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City Council Regular Meeting

Meeting Date:

06/09/2020

BACKGROUND

In order for the City’s corporate partner, the Schertz/Seguin Local Government Corporation (SSLGC) to provide water at the lowest rate possible, SSLGC utilizes the services of Willdan Financial Services as a rate consultant to evaluate and advance its 5-year rate model annually. This helps to keep rate increases minimal and to keep SSLGC revenue appropriate for current and future operations.

For Fiscal Year 2020-21, the SSLGC Board is recommending, and has approved with SSLGC Resolution SSLGC R20-06, no increase in the water rates.

Attached you will find SSLGC Resolution #SSLGC R20-06 and the FY2020-21 SSLGC Water Rates.

GOAL

To have the City of Schertz City Council approve the SSLGC FY2020-21 water rates.

COMMUNITY BENEFIT

The City of Schertz is a member of the Schertz/Seguin Local Government Corporation. It is through the SSLGC that the City provides water to its citizens and businesses. Approval of the water rates will ensure that the citizens and businesses of Schertz will continue to receive this vital service.

SUMMARY OF RECOMMENDED ACTION

Staff recommends approval of the Resolution adopting the SSLGC FY2020-06 water rates.

FISCAL IMPACT

The City of Schertz debt obligations to SSLGC are increasing as we continue to make bond payments on the parallel pipeline and the Guadalupe County well field and treatment facility. Total City of Schertz debt service payments to SSLGC total $3,875,323.00 for FY2020-21.

RECOMMENDATION

Staff recommends approval of the SSLGC proposed water rates for FY 2020-21.

Attachments
Resolution 20-R-61
SSLGC R20-06
Water rates