TO: Committee of the Whole - Finance, Administration, and Communications
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Finance
Kelley Cochran
425-556-2748
DEPARTMENT STAFF:
Finance
Haritha Narra
Deputy Finance Director
Finance
Hailey Zurcher
Financial Planning Manager
TITLE:
title
Adoption of a Resolution Updating the Water and Wastewater Connection Charges, and Adoption of an Ordinance Updating the Stormwater Capital Facilities Charges
OVERVIEW STATEMENT:
recommendation
Connection charges and capital facilities charges are one-time fees applied to new development as a condition of connecting to utility infrastructure. The purpose of a charge is to recover the cost to provide system capacity to new customers. All proceeds received must be used for capital improvements. The connection and capital facilities charges are calculated on the following factors:
Water Utility Connection Charges
* Meter size for commercial, multi-family residential, cooling tower, and irrigation
* Total living area for single-family residential
Wastewater Utility Connection Charges
* Meter size for commercial
* Living units for single and multi-family residential
Stormwater Utility Capital Facilities Charges
* Impervious units
The connection and capital facilities charges have not been updated since 2018. At the end of 2024, Financial Consulting Solutions (FCS) with Bowman, was hired to evaluate and update the calculations for the City's water, wastewater, and stormwater connection charges, ensuring that the calculations include updated capital improvement projects and accurate system capacity.
Updating the connection and capital facilities charges is necessary to ensure that new development recovers an equitable share of the cost of utility system infrastructure, and ensures an equitable spread of infrastructure costs between existing customers and new growth and development.
? Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:...
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