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File #: 2018-627    Version: 1 Name:
Type: Communication Status: New Business
File created: 2/26/2018 In control: Board of Directors
On agenda: 2/28/2018 Final action:
Title: Public Hearing for the Proposed FY 2019 Water and Sewer Service Charges
Sponsors: Nicolette Bateson
Indexes: Finance
Attachments: 1. Notice of Public Hearing for GLWA FY 2019 Charges on 2.28.2018
Title
Public Hearing for the Proposed FY 2019 Water and Sewer Service Charges
Body
Agenda of: February 28, 2018
Item No.: 2018-627
Amount: N/A

TO: The Honorable
Board of Directors
Great Lakes Water Authority

FROM: Sue F. McCormick
Chief Executive Officer
Great Lakes Water Authority

DATE: February 28, 2018

RE: Public Hearing for the Proposed FY 2019 Water and Sewer Service Charges

MOTION

Upon recommendation of Nicolette Bateson, Chief Financial Officer/Treasurer, The Board of Directors (Board) of the Great Lakes Water Authority (GLWA), conducts the Public Hearing for the Proposed FY 2019 Water and Sewer Service Charges and holds the Public hearing open until such time as the matter is brought forward to the Board for proposed approval; and authorizes the CEO to take such other action as may be necessary to accomplish the intent of this vote.
BACKGROUND
During its January 24, 2018 meeting, the Great Lakes Water Authority (GLWA) Board of Directors (Board) was presented the proposed FY 2019 through FY 2023 five-year financial plan and the proposed schedule of charges for the water and sewer systems. That presentation was the basis for the proposed water and sewer service charges shared with the customer members at the January 25, 2018 Charges Roll-out Meeting at Lathrup Village. Furthermore, those proposed charges were also mailed to the customer members on January 26, 2018 with a Notice of Public Hearing scheduled for February 28, 2018 at 2:00 p.m. The charges proposed on January 24, 2018 are the same being presented today.
Proposed FY 2019 Water Charges: The proposed FY 2019 water service charges reflect a 2 percent increase in the Revenue Requirement Budget as compared to the FY 2018 Budget. The proposed service charges also reflect the findings from the Black & Veatch Units of Service Study (UoS) which was conducted for the non-master metered customers. The effect of the UoS resulted in a reallocation of units of s...

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