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HomeMy WebLinkAboutTIS 2022-10-03 Item 2G - Discussion - Public Works Water, Sewer & Surface Water RatesCity of Tukwila Allan Ekberg, Mayor Public Works Department - Hari Ponnekanti, Director/City Engineer INFORMATIONAL MEMORANDUM To: Transportation and Infrastructure Services Committee From: Hari Ponnekanti, Public Works Director/ City Engineer By: Griffin Lerner, Public Works Analyst CC: Mayor Ekberg Date: September 30, 2022 Subject: Public Works Water, Sewer, and Surface Water Rates Discussion ISSUE Review proposed utility rates in advance of eventual adoption of Public Works Fee Schedule Resolution for 2023 and 2024. BACKGROUND The City's Public Works Department manages three utility funds — Water, Sewer, and Surface Water. The Water and Sewer Utilities serve approximately 60% of the property owners in the City, while the Surface Water Utility serves all properties within City limits. Utility rates provide the bulk of the revenue that supports the operations of the water, sewer, and surface water operations in the City of Tukwila. These rates are reviewed biennially as a part of the City's budget and Capital Improvement process. The City's Budget, Capital Improvement Program and Comprehensive Plan all reference or include the policies that govern rate development. Here are a few examples of the City's policies, as taken from the Capital Facilities Element (Chapter 14) of the Comprehensive Plan: • Utility rates and charges shall be structured to ensure adequate infrastructure development, in addition to compliance with operation, maintenance, and federal and State requirements • Rate increases shall be small, applied frequently, and staggered to avoid an overly burdensome increase and undue impact in any given year • Each enterprise fund shall be reviewed at least biennially, and shall have a rate structure adequate to meet its operations and maintenance and long-term capital requirements • Rate increases of external agencies (i.e., King County secondary wastewater treatment fees) shall be passed through to the users of the utility Annual rate increases allow the City to keep pace with inflation and fixed cost increases, and to implement the City's long-term strategic goals for maintenance, improvement, and replacement of capital infrastructure. Without regularly occurring and sufficient rate increases, the City's ability to address infrastructure needs would be compromised. In addition, the policies reinforce the importance of maintaining adequate fund reserve levels. The City has adopted Comprehensive Plans for Water, Sewer and Surface Water that analyze each fund for revenue requirements and prioritize capital improvement projects. The City is currently finalizing the Water and Sewer Comprehensive Plans and Surface Water is scheduled to conclude in 2023. Council adopts the comprehensive plans approximately every ten years and those adopted plans inform rate studies. Rate recommendations are informed not only through identifying needed capital projects but by examining trends in charges from suppliers, consumption patterns, and regulatory and operating needs. Recommended rates are the product of a complex set of intertwined inputs, some of which are fixed and outside of the City's control. Setting a rate higher or lower than what is suggested through the fund modeling, could mean that the assumptions or inputs may also need to change. 141 INFORMATIONAL MEMO Water, Sewer, and SWM Rates Page 2 The Capital Improvement Program, which is one factor in establishing rate recommendations, is also used to advantageously position the City for grants. A thorough list of capital projects is needed, as granting agencies require that all projects must be listed in the City's adopted Capital Improvement Program in order to be eligible for grants. Grant funding for Water and Sewer are normally rare and difficult to obtain, but the City has been very successful in obtaining grants for Surface Water projects. The City's current and proposed utility fees compare well in the region. With the proposed increases, the City still ranks in the mid-range if not lower, even without taking into account the corresponding increases that will occur in the other cities. The magnitudes of the proposed rate increases are also reasonable; as smaller rate increases more frequently helps the City avoid the need to implement more significant, catch-up increases in the future. Exhibit A shows Cascade Water Alliance's proposed increases in 2023 and 2024. Exhibit B is a rate matrix of all proposed utility rate increases for residential customers. Exhibit C is King County Ordinance No 19447, providing sewage treatment costs for 2023. Exhibit D-1 to D-3 shows a comparison of adjoining cities and their water rates along with the Water Model from the Proposed 2023-2028 CIP. The overall estimated additional monthly cost of the proposed City rate increases across all three utilities (Water, Sewer and Surface Water) is $4.73, with an additional $2.84 due to a King County passthrough. Further, the proposed rate increases are all below the recent inflation threshold of 9.5%. WATER Public Works analyzed the operational and capital needs of the Water Enterprise Fund in determining the proposed fees. In addition, the City needs to account for Cascade Water Alliance's (CWA) wholesale water rates that are set to increase by 2.2% in 2023 and 2.2% in 2024 (Exhibit A). A small increase is being proposed to the base rates on residential, multi -family and commercial/ industrial customers as well as increases to water consumption fees in winter only. Fire Protection service charges are flat fees every month and will be increased in in 2023 & 2024. Tukwila's residential water rates currently rank between 26 and 30 out of 30 (depending on pipe size) in regional jurisdictions, and as rates will increase across the board, the estimate is that Tukwila will continue to be lower as our neighboring cities. Even with the proposed water rate increases over the next six years as shown in the Water model, the water fund shows a drawdown nearly in 2023 through 2025 and is at risk of not meeting the 20% reserve policy in the future. More competitive water rates will allow the City to complete more capital projects annually, purchase a new reservoir, and combat depreciating infrastructure. TABLE 1 - WATER RATES PROPOSED FOR 2023 and 2024 CATEGORY Current 2022 Charges Proposed 2023 Charges Proposed 2024 Charges Single Family $20.00 21.00 $22.00 Multi -Family (each condo, apt, or dwelling unit) $20.00 21.00 $21.50 Commercial/Industrial Base Charges $52.00 & $708.00 $56.00 & $740.00 $60.00 & $770.00 Single Family Consumption Charges per 1 CCF $3.00 & $4.18 $3.39 & $4.18 $3.83 & $4.18 Multi -Family Consumption Charges per 1 CCF $3.62 & $5.02 $4.08 & $5.02 $4.56 & $5.02 Commercial/Industrial Consumption per 1 CCF $5.44 & $7.38 $6.15 & $7.38 $6.95 & $7.38 Fire Protection Service Charges $10.50 to $300.00 $11.00 to $315.00 $11.25 to $325.00 142 INFORMATIONAL MEMO Water, Sewer, and SWM Rates Page 3 Even with the proposed rate increases, Water provided by the City is still the cheapest source of water within city limits. For instance, a gallon of water costs less than half a penny and filling the average bathtub will cost a Tukwila consumer roughly 14 cents. Further, Highline Water District and Water District 125, the two other main water providers to Tukwila residents, project to cost an average of almost $6.00 more monthly per residential household in 2023. $70 $60 $50 $40 $30 $20 $10 $- Projected Average Monthly Cost for 10 CCF of Water 2023 Tukwila 2023 Highline $63.26 2023 WD 125 The proposed rate increases would cost the average residential an additional $2.82 monthly, or another 26 cents per 748 gallons of water. SEWER King County Ordinance No. 19447 adopted a 5.75% rate increase in the King County sewage disposal fees for 2023. The King County sewer rate will increase from $49.27 to $52.11 per residential customer equivalent per month in 2023. There will likely be another rate increase by King County of 5.75% in 2024. Exhibit C is King County Ordinance No. 19447 for the 2023 rates. Tukwila's sewer base rate will increase at a smaller rate of 3.3% annually in 2023 and 2024 in accordance with the rate model that analyzes the City's operational and capital needs. The City's sewer rate will increase to $31.00 per residential connection and $57.02 for up to 750 cubic feet or fraction thereof for commercial/industrial customers in 2023. This results in a net increase of 4.54%. Exhibit D-2 shows a comparison of adjoining cities and their residential sewer rates, along with the Sewer Model from the Proposed 2023-2028 CIP. The proposed rate increases would cost the average resident $3.84 monthly, with $2.84 of that due to King County's rate increase. 143 INFORMATIONAL MEMO Water, Sewer, and SWM Rates Page 4 TABLE 2 — SEWER RATES PROPOSED FOR 2023 and 2024 Cost Driver Current 2022 Sewer Rate Proposed 2023 Sewer Rate Proposed 2024 Sewer Rate King County Sewage $49.27 $52.11 $54.72 City of Tukwila $30.00 $31.00 $32.00 Total $79.27 $83.11 $86.72 SURFACE WATER Tukwila's surface water base rate is scheduled for an increase in 2023 and 2024. The City's surface water rate will increase from $204.00 to $215.00 in 2023 and from $215.00 to $226.00 in 2024 per residential parcel, per year. Commercial rates will range from $257.38 to $2,157.44 per 4,356 square foot for all other parcels in 2023 and $270.25 to $2,265.31 in 2024. Exhibit D-3 shows a comparison of surface water fees with other cities in the region along with the Surface Water Model from the Proposed 2023-2028 CIP. The City's proposed residential rates for 2023 and 2024 are well below the 2022 average rate of $262.86. If Council were not to adopt the proposed rate increases, the City would either have to eliminate surface water capital projects, reduce staff allocation, or reduce reserves. Doing so would mean that the City would fall behind on its infrastructure needs or would need to increase the rate more substantially in subsequent years. Surface water fees are processed by King County and collected with property taxes. The proposed increases would cost the average resident an extra $0.91 monthly. TABLE 3 — SURFACE WATER RATES PROPOSED FOR 2023 and 2024 CATEGORY Current 2022 SWM Rate Proposed 2023 SWM Rate Proposed 2024 SWM Rate Residential Flat rate of $204.00 Flat rate of $215.00 Flat rate of $226.00 RECOMMENDATION Council is being asked to provide guidance on the City's 2023 and 2024 Water, Sewer, and Surface Water proposed rate increases in anticipation of the Public Works Fee Schedule Resolution and consider this item at the October 10, 2022 Committee of the Whole meeting. Attachments: Exhibit A Cascade Water Alliance Summary of Forecasted Member Payments Exhibit B Rate Matrix Exhibit C King County Ordinance No. 19447 for 2023 Exhibit 0-1 through D-3 Comparison of Utility Rates with Adjoining Cities with 2023 CIP Models 144 CASCADE Proposed 2023-2024 Member Charge Revenue Increase WATER Al1 IAN VV A T T R A 1 1 ;1 �. i f Breakdown of Proposed Revenue Increase 2023 Dollars 2023 Percent 2024 Dollars 2024 Percent Total Revenue Increase $959,038 2.20% $980,138 2.20% Seattle Water $988,400 2.27% $909,263 2.04% Increase $512,349 1.18% $909,263 2.04% True -up $476,051 1.09% - Operating Expenses* $682,937 1.57% $273,587 0.61% Administration* $34,835 0.08% ($69,620) -0.16% Miscellaneous (Conservation, R&R) $108,973 0.25% $73,928 0.17% Increased Debt Service from Rates ($576,347) -1.32% $1,595,528 3.58% Contribution to WSDF - 0.00% $445,517 1.00% Change in Miscellaneous Revenues ($32,129) -0.07% ($28,620) -0.06% Rate Smoothing ($247,631) -0.57% ($2,219,445) -4.98% *Expenses are adjusted to exclude irregular expenses funded through reserve accumulation and related used of reserves. • Annual 2.2% average increases are as projected last budget cycle and below inflation • Seattle costs a major rate driver • Rate smoothing mitigates impacts • Starting in 2024, rates support funding for Water Supply Development Fund (WSDF) 145 City of Tukwila Proposed Utility Rate Increases Monthly Fees for Residential Customers Exhibit B WATER RATES PER CCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 +5% +0% +5% +5% +5% +0% +1% +5% +7% +7% +5% +5% +4% +4% City of Tukwila Water average cost $ 3.17 $ 3.17 $ 3.17 $ 3.17 $ 3.17 $ 3.17 $ 3.23 $ 3.39 $ 3.65 $ 3.95 $ 4.15 $ 4.35 $ 4.52 $ 4.70 monthly increase per household $ - $ - $ - $ - $ - $ - $ 0.42 $1.12 $1.82 $ 2.05 $ 1.41 $ 1.40 $ 1.22 $ 1.27 Commercial average cost $ 4.92 $ 5.17 $ 5.41 $ 5.70 $ 5.70 $ 5.70 $ 5.81 $ 6.09 $ 6.56 $ 7.09 $ 7.45 $ 7.82 $ 8.13 $ 8.46 Multifamily average cost $ 3.64 $ 3.64 $ 3.73 $ 3.83 $ 3.83 $ 3.83 $ 3.90 $ 4.09 $ 4.39 $ 4.71 $ 4.95 $ 5.20 $ 5.40 $ 5.62 City of Tukwila Minimum Monthly 15.00 to 16.00 16 16.00 to 17.00 17.00 to 18.00 18.00 to 19.00 19 19 19.00 to 20.00 20.00 to 21.00 21.00 to 21.50 21.50 to 22.00 22 22 to 22.50 22.50 to 23 charge per meter/each dwelling unit $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $0.50 $0.50 $0.50 $0.50 Monthly Residential Increase $ 1.00 $ - $ 1.00 $ 1.00 $ 1.00 $ - $ 1.42 $ 2.12 $ 2.82 $ 2.55 $ 1.91 $ 1.40 $ 1.72 $ 1.77 RESIDENTIAL SEWER RATES 2015 2016 2017 2018 2019 2020 2021 2022 King County Sewer Treatment (Monthly Flat Rate) increase +5.6% 39.79 to 42.03 $2.24 0% $42.03 +5.21% 42.03 to 44.22 $2.19 0% $44.22 +2.51% 44.22 to 45.33 $1.11 0% $45.33 +4.50% 45.33 to 47.37 $2.04 City of Tukwila Sewer (Monthly Flat Rate) +10% $26.50 to $29 $2.50 0% $29.00 0% $29.00 +3.5% $29 to $30 $1.00 0% $30.00 0% $30.00 0% $30.00 4% 47.37 to 49.27 $1.90 0% $30.00 2023 2024 2025 2026 2027 2028 +5.75% 49.27 to 52.11 $2.84 3% $31.00 $1.00 5.75% 52.11 to 55.11 $3.00 5.75% 55.11 to 58.28 $3.17 5.75% 58.28 to 61.64 $3.36 5.75% 61.64 to 65.19 $3.55 3% $32.00 $1.00 3% $33.00 $1.00 3% $34.00 $1.00 3% $35.00 $1.00 +9% 65.19 to 71.06 $5.87 3% $36.00 $1.00 Monthly Sewer Bill (Residential) Monthly Residential Increase $71.03 $4.74 $71.03 $0.00 $73.22 $2.19 $74.22 $1.00 $75.33 $75.33 $0.00 $77.37 $2.04 $79.27 $1.90 $83.11 $3.84 $86.97 $4.00 $88.44 $4.17 $92.22 $4.36 $96.72 $4.55 $101.43 $6.87 Commercial Sewer Rate Increases +15.6% +5% +5.21% +3.5% 0% +0.0% 0% +0.0% +5.75% +5.5% +5.5% +5.5% +5.5% +5.5% RESIDENTIAL SURFACE WATER 2015 2016 2017 2018 2019 City of Tukwila Surface Water Annual Charge (billed Jan & July) Annual Charge divided monthly Monthly Increase +20% $118 to $142 $9.83 to $11.83 $2.00 +15% $142 to $163 11.83 to 13.58 $1.75 +5% $163 to $171 13.58 to 14.25 $0.67 +3% $171 to $176 14.25 to 14.67 $0.42 +5% $176 to $185 14.67 to 15.42 $0.75 2020 I +3% $185 to $190 15.42 to 15.83 $0.41 2021 2022 +2% $190 to $194 15.83 to 16.17 $0.34 +5% $194 to $204 16.17 to 17.00 $0.66 2023 2024 2025 2026 2027 2028 +5% $204 to $215 17.00 to 17.92 $0.92 +5% $215 to $226 17.33 to 18.17 $0.84 +5% $218 to $224 18.17 to 18.67 $0.50 +5% $224 to $235 18.67 to 19.58 $0.91 3% 5% $235 to $246 $246 to $258 19.58 to 20.50 20.50 to 21.50 $0.92 $1.00 Commercial Surface Water - Same IncrE +20% +15% +5% +3% +5% +3% +2% +4% +5% +5% +5% +5% 3% 5% Total Monthly Residential Increase $7.74 $1.75 $3.86 $2.42 $2.86 $0.41 $3.80 $4.68 $7.58 $7.39 $6.58 $6.67 $7.19 $9.64 q:gail\cip\rate matrix 9142022 DocuSign Envelope ID: 205A6A8E-D64E-40CA-A8B8-8DBA48A31E01 King County KING COUNTY Signature Report Ordinance 19447 1200 King County Courthouse 516 Third Avenue Seattle, WA 98104 Proposed No. 2022-0172.1 Sponsors McDermott 1 AN ORDINANCE relating to rates and charges for sewage 2 treatment and disposal; and amending Ordinance 12353, 3 Section 2, as amended, and K.C.C. 4A.670.100, Ordinance 4 18745, Section 2, and Ordinance 11398, Section 1, as 5 amended, and K.C.C. 28.84.055. 6 BE IT ORDAINED BY THE COUNCIL OF KING COUNTY: 7 SECTION 1. Ordinance 12353, Section 2, as amended, and K.C.C. 4A.670.100 8 are hereby amended to read as follows: 9 A. Having determined the monetary requirements for the disposal of sewage, the 10 council hereby adopts a ((2022)) 2023 sewer rate of ((forty nine)) fifty-two dollars and 11 ((twenty seven)) eleven cents per residential customer equivalent per month. Once a sewer 12 rate ordinance becomes effective, the clerk of the council is directed to deliver a copy of 13 that ordinance to each agency having an agreement for sewage disposal with King County. 14 B. The King County council approves the application of Statement No. 62 of the 15 Governmental Accounting Standards Board (GASB -62) as it pertains to regulatory assets 16 and liabilities to treat pollution remediation obligations and RainWise Program 17 expenditures and strategic planning costs as regulatory assets, recovered ratably over the 18 life of the underlying financing,. and to establish a rate stabilization reserve for the 19 purpose of leveling rates between years. 1 147 DocuSign Envelope ID: 205A6A8E-D64E-40CA-A8B8-8DBA48A31E01 Ordinance 19447 20 C. As required for GASB -62 application, amounts are to be placed in the rate 21 stabilization reserve from operating revenues and removed from the calculation of debt 22 service coverage. The reserve balance shall be an amount at least sufficient to maintain a 23 level sewer rate between ((2024)) 2023 and ((2022)) 2024, and shall be used solely for 24 the purposes of: maintaining the level sewer rate in ((2 22)) 2024; and if additional 25 reserve balance is available, moderating future rate increases beyond ((2022)) 2024. The 26 estimated amount of the reserve, as shown in the financial forecast, Attachment A to 27 ((Ordinance 1929'1)) this ordinance, shall be revised in accordance with the ((2021 28 2022)) 2023-2024 Biennial Budget Ordinance and financial plan. If the reserve needs to 29 be reduced to meet debt service coverage requirements for ((202-1-)) 2022, the county 30 executive shall notify the council of the change by providing an updated financial plan. 31 SECTION 2. Ordinance 18745, Section 2, as amended, is hereby amended to 32 read as follows: 33 Monetary requirements for the disposal of sewage as defined by contract with the 34 component sewer agencies for the fiscal year beginning January 1, ((2022)) 2023, and 35 ending December 31, ((282-2)) 2023. The council hereby determines the monetary 36 requirements for the disposal of sewage as follows: 37 Administration, operating, maintenance repair and replacement (net of other 38 income): (($61,625,987)) $73,541,834. 39 Establishment and maintenance of necessary working capital reserves: 40 (($73,961,091)) $112,291,106. 41 Requirements of revenue bond resolutions (not included in above items and net of 42 interest income): (($295,026,970)) $289,269,486. 2 148 DocuSign Envelope ID: 205A6A8E-D64E-40CA-A8B8-8DBA48A31E01 Ordinance 19447 43 TOTAL: (($133,617,051)) $475,102,427. 44 SECTION 3. Ordinance 11398, Section 1, as amended, and K.C.C. 28.84.055 are 45 hereby amended as follows: 46 A. The amount of the metropolitan sewage facility capacity charge adopted by 47 K.C.C. 28.84.050.0. that is charged monthly for fifteen years per residential customer or 48 residential customer equivalent shall be: 49 1. Seven dollars for sewer connections occurring between and including January 50 1, 1994, and December 31, 1997; 51 2. Ten dollars and fifty cents for sewer connections occurring between and 52 including January 1, 1998, and December 31, 2001; 53 3. Seventeen dollars and twenty cents for sewer connections occurring between 54 and including January 1, 2002, and December 31, 2002; 55 4. Seventeen dollars and sixty cents for sewer connections occurring between 56 and including January 1, 2003, and December 31, 2003; 57 5. Eighteen dollars for sewer connections occurring between and including 58 January 1, 2004, and December 31, 2004; 59 6. Thirty-four dollars and five cents for sewer connections occurring between 60 and including January 1, 2005, and December 31, 2006; 61 7. Forty-two dollars for sewer connections occurring between and including 62 January 1, 2007, and December 31, 2007; 63 8. Forty-six dollars and twenty-five cents for sewer connections occurring 64 between and including January 1, 2008, and December 31, 2008; 3 149 DocuSign Envelope ID: 205A6A8E-D64E-40CA-A8B8-8DBA48A31E01 Ordinance 19447 65 9. Forty-seven dollars and sixty-four cents for sewer connections occurring 66 between and including January 1, 2009, and December 31, 2009; 67 10. Forty-nine dollars and seven cents for sewer connections occurring between 68 and including January 1, 2010, and December 31, 2010; 69 11. Fifty dollars and forty-five cents for sewer connections occurring between 70 and including January 1, 2011, and December 31, 2011; 71 12. Fifty-one dollars and ninety-five cents for sewer connections occurring 72 between and including January 1, 2012, and December 31, 2012; 73 13. Fifty-three dollars and fifty cents for sewer connections occurring between 74 and including January 1, 2013, and December 31, 2013; 75 14. Fifty-five dollars and thirty-five cents for sewer connections occurring 76 between and including January 1, 2014, and December 31, 2014; 77 15. Fifty-seven dollars for sewer connections occurring between and including 78 January 1, 2015, and December 31, 2015; 79 16. Fifty-eight dollars and seventy cents for sewer connections occurring 80 between and including January 1, 2016, and December 31, 2016; 81 17. Sixty dollars and eighty cents for sewer connections occurring between and 82 including January 1, 2017, and December 31, 2017; 83 18. Sixty-two dollars and sixty cents for sewer connections occurring between 84 and including January 1, 2018, and December 31, 2018; 85 19. Sixty-four dollars and fifty cents for sewer connections occurring between 86 and including January 1, 2019, and December 31, 2019; 4 150 DocuSign Envelope ID: 205A6A8E-D64E-40CA-A8B8-8DBA48A31E01 Ordinance 19447 87 20. Sixty-six dollars and thirty-five cents for sewer connections occurring 88 between and including January 1, 2020, and December 31, 2020 89 21. Sixty-eight dollars and thirty-four cents for sewer connections occurring 90 between and including January 1, 2021, and December 31, 2021; ((and)) 91 22. Seventy dollars and thirty-nine cents for sewer connections occurring 92 between and including January 1, 2022, and December 31, 2022; and 93 23. Seventy-two dollars and fifty cents for sewer connections occurring between 94 and including January 1, 2023, and December 31, 2023. 95 B.1. In accordance with adopted policy FP -15.3.d. in the Regional Wastewater 96 Services Plan, K.C.C. 28.86.160.C., it is the council's intent to base the capacity charge 97 upon the costs, customer growth and related financial assumptions used in the Regional 98 Wastewater Services Plan. 99 2. In accordance with adopted policy FP- 6 in the Regional Wastewater Services 100 Plan, K.C.C. 28.86.160.C., the council hereby approves the cash balance and reserves as 101 contained in the attached financial plan for ((2-02-2)) 2023, which is Attachment A to 102 ((Ordinance 192911)) this ordinance. 103 3. In accordance with adopted policy FP -15.3.c., King County shall pursue 104 changes in state legislation to enable the county to require payment of the capacity charge 5 151 DocuSign Envelope ID: 205A6A8E-D64E-40CA-A8B8-8DBA48A31E01 Ordinance 19447 105 in a single payment, while preserving the option for new ratepayers to finance the 106 capacity charge. Ordinance 19447 was introduced on 5/3/2022 and passed by the Metropolitan King County Council on 6/7/2022, by the following vote: Yes: 7 - Balducci, Dembowski, Kohl -Welles, Perry, McDermott, Upthegrove and Zahilay No: 2 - Dunn and von Reichbauer ATTEST: DocuSigned by: 8DE1 BB375AD3422... Melani Pedroza, Clerk of the Council APPROVED this day of 6/21/2022 KING COUNTY COUNCIL KING COUNTY, WASHINGTON DocuSigned by: L Laut),ia 6466,,1 7E1 C273CE9994B6... Claudia Balducci, Chair DocuSigned by: 4FBCAB8196AE4C6... Dow Constantine, County Executive Attachments: A. Wastewater Treatment Division Financial Plan 6 152 DocuSign Envelope ID: 205A6A8E-D64E-40CA-A8B8-8DBA48A31 E01 Wastewater Treatment Division Financial Plan Ordinance 19447 Attachment A King County Wastewater Treatment Division Financial Plan Adopted 2022 Rate Proposal 2023 Projected 2024 Projected 2025 Projected 2026 Projected 2027 Projected 2028 Projected 2029 Projected 2030 Projected 2031 Projected m 2032 Operating Financial Plan - 4611 ($ '000) Monthly Sewer Rate Rate Increase Residential Customer Equivalents (RCEs) Revenue Sewer Rate Capacity Charge Industrial Waste Resource Recovery Other Income Investment Income Use (Transfer to) Rate Stabilization Reserve Total - Revenue Expenditures & Transfers O&M Expenses Existing Debt Service New Debt Service Debt Retirement/ Defeasance Use of Cash Minimum Operating Reserve Contribution Total - Expenditures & Transfers Net Cash Flow Beginning Balance Net Cash Flow Policy Cash -Funded Capital (Transfer to Capital Fund)' Ending Balance Ending Reserve Balances Water Quality Operating Liquidity Reserve Rate Stabilization Reserve Account Debt Service Coverage - Parity Bonds (Senior Lien) Debt Service Coverage - All -In Debt Service $49.27 $52.11 $55.11 $58.28 $61.64 $65.19 $71.06 $77.46 $84.44 $92.04 $100.33 4.00% 5.75% 5.75% 5.75% 5.75% 5.75% 9.00% 9.00% 9.00% 9.00% 9.00% 747,046 759,775 776,344 785,391 790,314 795,245 800,185 805,134 810,091 815,057 820,033 $ 441,683 $ 475,102 $ 513,412 $ 549,271 $ 584,579 $ 622,104 $ 682,334 $ 748,388 $ 820,849 $ 900,215 $ 987,286 93,600 96,408 99,300 104,265 109,479 114,953 120,700 126,735 133,072 139,726 146,712 10,285 10,339 10,393 10,447 10,502 10,558 10,613 10,669 10,726 10,782 10,839 8,784 8,837 8,892 2,979 3,068 3,160 3,255 3,353 3,454 3,557 3,664 4,356 4,371 4,387 4,404 4,421 4,439 4,457 4,475 4,495 4,514 4,535 5,109 5,830 7,467 8,323 8,662 10,222 12,581 15,202 17,975 19,349 21,054 $ 563,817 $ 600,888 $ $ (175,490) (248,233) (2,078) $ (193,327) (248,467) (8,221) (1,977) (1,784) $ (427,778) $ (451,799) $ 136,039 $ 149,089 $ 73,154 $ 136,039 (209,193) 149,089 (149,089) $ $ $ 17,549 $ $ 46,250 $ $ 643,851 $ (198,878) $ (258,573) (13,890) (555) $ (471,896) $ $ 171,955 $ $ - $ 171,955 (171,955) $ - $ 19,333 $ 19,888 $ 46,250 $ 46,250 $ 679,690 $ 720,712 $ 765,436 $ 833,940 $ 908,823 $ (210,585) $ (220,869) $ (231,399) $ (242,439) $ (254,016) $ (256,809) (255,770) (253,050) (253,742) (250,545) (29,866) (46,287) (66,885) (95,293) (129,780) (1,171) (1,028) (1,053) (1,104) (1,158) (498,431) $ (523,955) $ (552,387) $ (592,579) $ (635,499) $ 181,259 $ 196,756 $ 213,048 $ 241,362 $ 273,324 $ - $ $ $ - $ $ 181,259 196,756 213,048 241,362 273,324 (181,259) (196,756) (213,048) (241,362) (273,324) $ _ $ 0 $ _ $ _ $ 21,059 $ 22,087 $ 23,140 $ 24,244 $ 25,402 $ 46,250 $ 46,250 $ 46,250 $ 46,250 $ 46,250 $ 2.68x 2.62x 2.73x 2.82x 2.74x 2.67x 2.56x 2.76x 1.55x 1.59x 1.63x 1.64x 1.65x 1.67x 1.69x 1.72x 'Includes target 40% capital funding from rates, plus excess transfer from the operating reserve in 2022 990,570 $ (266,155) $ (258,896) (168,389) (1,214) (694,654) $ 295,916 $ 295,916 (295,916) 1,078,143 $ (278,885) (258,035) (210,746) (1,273) (748,939) 329,204 329,204 (329,204) $ $ $ $ 1,174,090 (292,234) (266,209) (249,850) (1,335) (809,628) 364,461 364,461 (364,461) 26,616 $ 46,250 $ 2.51x 1.70x $ 27,889 $ 29,223 46,250 $ 46,250 2.38x 1.70x 2.33x 1.71x Capital Funding Plan - 3611 & 3612 ($ '000) Beginning Balance WIFIA Proceeds State Loan Proceeds Variable Rate Debt Proceeds Commercial Paper / Interim Financing Retirement of Interim Financing Net Bond Proceeds Debt Reserve Contribution/(Requirement) Grants, Settlements, and Other Capital Expenditures Ending Balance Before Transfers Year-end Transfers from Operating Fund Ending Balance Ending Reserve Balances Capital Liquidity Reserve Emergency Capital Reserve Revenue Bonds Reserve Account State Revolving Fund Reserve Account $ 233,909 $ 34,974 48,650 (34,304) 2,612 (282,999) $ 2,842 $ 209,193 $ 212,035 $ 5,000 15,000 124,076 981 212,035 $ 134,500 58,848 49,446 (82,556) 5,147 (307,113) 70,307 149,089 219,396 5,000 15,000 129,209 981 219,396 $ 15,848 8,841 23,627 (15,848) 73,838 (325,702) $ - $ 171,955 $ 171,955 $ 5,000 15,000 134,398 219 171,955 $ 181,259 $ 196,756 $ 213,048 $ 96,845 - 241,362 $ 19,233 27,034 33,070 45,277 61,283 9,202 (77,418) - - 180,122 200,783 272,839 374,982 449,299 (380,513) (428,502) (502,666) (633,308) - $ _ $ _ $ _ $ 181,259 196,756 213,048 241,362 181,259 $ 196,756 $ 213,048 $ 241,362 $ 5,000 5,000 5,000 5,000 15,000 15,000 15,000 15,000 146,525 164,665 183,782 209,675 219 176 133 133 (751,943) 273,324 273,324 $ 5,000 15,000 240,899 133 273,324 $ 74,802 501,237 (849,363) 295,916 295,916 $ 5,000 15,000 275,886 68 295,916 $ 82,822 548,775 (927,513) 329,204 329,204 $ 5,000 15,000 314,240 329,204 91,412 487,154 (907,770) 364,461 364,461 5,000 15,000 348,766 153 DocuSign Certificate Of Completion Envelope Id: 205A6A8ED64E40CAA8B88DBA48A31E01 Subject: Please DocuSign: Ordinance 19447.docx, Ordinance 19447 Attachment A.xlsx Source Envelope: Document Pages: 6 Signatures: 3 Supplemental Document Pages: 1 Initials: 0 Certificate Pages: 5 AutoNav: Enabled Envelopeld Stamping: Enabled Time Zone: (UTC -08:00) Pacific Time (US & Canada) Status: Completed Envelope Originator: Cherie Camp 401 5th Ave Suite 100 Seattle, WA 98104 Cherie.Camp@kingcounty.gov IP Address: 198.49.222.20 Record Tracking Status: Original 6/9/2022 2:51:06 PM Security Appliance Status: Connected Storage Appliance Status: Connected Holder: Cherie Camp Cherie.Camp@kingcounty.gov Pool: FedRamp Pool: King County General (ITD) Location: DocuSign Location: DocuSign Signer Events Signature Timestamp Claudia Balducci claudia.balducci@kingcounty.gov King County General (ITD) Security Level: Email, Account Authentication (None) Electronic Record and Signature Disclosure: Not Offered via DocuSign Supplemental Documents: Melani Pedroza melani.pedroza@kingcounty.gov Clerk of the Council King County Council Security Level: Email, Account Authentication (None) Electronic Record and Signature Disclosure: Not Offered via DocuSign Supplemental Documents: ,-DocuSigned by. CLaua,ia 154,uuu '-7E1C273CE9994B8... Signature Adoption: Pre -selected Style Signed by link sent to claudia.balducci@kingcounty.gov Using IP Address: 73.181.163.252 Ordinance 19447 Attachment A.xlsx ,-DocuSigned by: '-8DE1BB375AD3422... 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2028 Analysis in 000's REVENUES zots Actual zoza Actual zort Actual zozz Budget zozz Estimate 2023 2024 2025 2026 2027 2028 Total Monthly Water Charges ltl +5% Commercial +5% commercial +2% +5% +7.5% +7.5% +5% +5% +4% +4% Cascade Water Alliance (CWA) 2,707 2,753 2,688 3,356 2,805 2,763 2,769 3,012 3,071 3,141 3,211 17,967 Regular City Water 4,030 3,397 4,067 3,488 4,288 4,862 5,428 5,594 5,966 6,145 6,329 34,323 Subtotal Water 6,737 6,150 6,755 6,844 7,093 7,625 8,197 8,606 9,037 9,000 9,000 51,464 Other Miscellaneous Revenue 352 105 50 83 92 130 135 140 145 150 150 850 Interlocal Ags\PWTF\Grants/Bonds 0 0 0 1,900 0 0 1,437 1,563 3,000 6,600 1,225 13,825 Water Connection Fees (2) 37 78 68 20 45 20 20 20 20 20 20 120 Total Revenues 7,126 6,333 6,873 8,847 7,230 7,775 9,789 10,329 12,202 15,770 10,395 66,259 EXPENDITURES CWA Purchased Water (3) 2,707 2,753 2,688 3,356 2,805 2,763 2,769 3,012 3,071 3,141 3,211 17,967 Water Operations & Maintenance 2,345 2,263 2,440 2,520 2,150 2,425 2,528 2,579 2,630 2,683 2,736 15,581 Debt Service (4) 146 145 144 129 129 128 128 147 147 200 200 950 Debt Service/Costs for PW Shops 340 197 182 358 358 1,038 698 1,058 1,057 1,058 1,058 5,967 Interfund Utility Tax (5) 10% 677 617 677 693 709 775 833 875 918 915 915 5,231 Engineering Labor (7) 63 39 75 119 77 80 82 84 86 88 90 510 Subtotal 6,278 6,014 6,206 7,175 6,228 7,209 7,038 7,754 7,909 8,085 8,210 46,206 Water Capital - CIP Program 265 138 332 2,455 3,300 1,997 2,825 3,275 3,600 5,455 2,600 19,752 Total Expenditures 6,543 6,152 6,538 9,630 9,528 9,206 9,863 11,029 11,509 13,540 10,810 65,958 FUND BALANCE Change in Fund Balance (a) 583 181 335 (783) (2,299) (1,431) (75) (700) 692 2,230 (415) (415) Beginning Balance 6,058 5,787 6,639 6,987 6,987 4,690 3,259 3,184 2,484 3,177 5,407 5,407 Ending Balance 6,641 6,639 6,987 6,204 4,690 3,259 3,184 2,484 3,177 5,407 4,991 4,991 Fund Balance: Reserved 1b120% of revenue 1,435 1,302 1,267 1,375 1,375 1,389 1,555 1,670 1,753 1,840 1,834 1,834 Unreserved 5,206 5,337 5,720 4,830 3,315 1,869 1,629 814 1,423 3,566 3,157 3,157 Ending Balance 6,641 6,639 6,987 6,204 4,690 3,259 3,184 2,484 3,177 5,407 4,991 4,991 (a) Revenues in excess of (less than) expenditures (b) Annual reserve balance requirement equals 20% of the prior year operating revenues. 2023 - 2028 Financial Planning Model XXXI I 9/ 5022 ATTACHMENT D-1 NOTES TO WATER ENTERPRISE FUND 1) Rates reflect increases of 7.5% in 2023, 7.5% in 2024, and 5%14% in 2025 through 2028. These rate increases are essential to sustain our reserve balance and cover any possible increases from Cascade Water Alliance (CWA). We will continue to review the annual rate model to confirm that the proposed increases are necessary. Future water purchased at additional costs will be passed on to ratepayers. We have identified Cascade Water Alliance's revenues and expenditures to better reflect the actual water charges and the respective increases. CWA has proposed rate increases of 2.2% in 2023 and 2.2% in 2024. 2) Connection fees are estimated for the Allentown/Foster Point and Duwamish projects. 3) Cascade Water Alliance is split out to identify the actual costs of purchased water. CWA has scheduled increases in their six-year planning model that will affect our water rates. 4) Debt schedule includes Public Works Trust Fund (PWTF) loans and Bonds. Water Debt Service includes: Expires 2023 2024 2004 PWTF Allentown (26%) 7/1/24 $ 81,431.74 $ 81,028.63 2006 Bond Allentown (26%) 12/31/26 46,388.75 46,648.51 Subtotal $127,820.49 $127,677.14 2018 Public Works Shops (17%) 12/31/38 260,559.00 260,856.50 2019 Public Works Shops (17%) 12/31/39 63,245.27 63,189.17 Total $323,804.27 $324,045.67 5) An Interfund Utility Tax was approved in October 2009 for the water, sewer, and surface water utilities. Gross revenues are currently taxed 10% through December 31, 2027. 6) The Working Capital Reserve Fund's policy was updated in 2012 per Resolution No. 1774 to maintain an adequate fund balance in each of the enterprise funds. For the Enterprise Funds, the unrestricted fund balance shall equal or exceed 20% of the previous year's revenue, exclusive of significant non-operating, non-recurring revenues. 7) The Senior Water/Sewer Engineer's salary and benefits are split evenly between the water department and the sewer department. For 2023 and 2024, Technology staff will continue to charge at 22% for the GIS Coordinator and 10% for the Information Systems Project Analyst. Water Enterprise Fund The City's Enterprise Funds account for utility operations that are self - supported through user charges. The utilities are financed and operated like a private business enterprise which requires periodic determination of revenues earned; expenses incurred, and net income for capital maintenance, public policy, management control and accountability. The Water Fund accounts for operations and capital improvements to provide water to a portion of City residents. King County Water District 125 and Highline Water District also supply water to City residents. 2023 — 2028 Financial Planning Model XXXIII 161 City of Tukwila CAPITAL IMPROVEMENT PROGRAM for 2023 - 2028 WATER ENTERPRISE FUND 401 CIP **Other After Six Page # PROJECT TITLE 2023 2024 2025 2026 2027 2028 TOTAL Sources Years 57 S 152nd Street Waterline Extension & Replacer 1,880 0 0 0 0 0 1,880 0 0 58 Water Reservoir and Pump Station 0 750 1,000 3,000 4,600 0 9,350 9,350 7,000 59 Update GIS Water System Inventory 67 0 0 50 105 0 222 0 0 61 Smart Water Meters Upgrade 0 1,250 1,000 0 0 0 2,250 1250 0 62 S 149th St & S 150th St Watermain Replaceme 0 575 925 0 0 0 1,500 0 0 63 Annual Water Repair 0 100 200 400 500 0 1,200 0 1,500 64 Large Water Meters Replacement 50 150 150 150 100 100 700 0 200 65 Baker Blvd Water Main Replacement 0 0 0 0 150 2,500 2,650 1,225 0 Strander Blvd Waterline Upgrade 0 0 0 0 0 0 0 0 3,450 Allentown Phase III - Water Revitalization 0 0 0 0 0 0 0 0 1,650 57th Ave S Waterline Replacement 0 0 0 0 0 0 0 0 975 Southcenter Blvd Water Main Replacement 0 0 0 0 0 0 0 0 2,500 S 140th St Waterline Replacement 0 0 0 0 0 0 0 0 1,225 S 180th & W Valley Loop/Renton Turnover 0 0 0 0 0 0 0 0 2,550 Foster Area Water Upgrade 0 0 0 0 0 0 0 0 2,750 West Valley Hwy East Side Water Looping 0 0 0 0 0 0 0 0 2,200 58th Ave S Water Main Replacement 0 0 0 0 0 0 0 0 1,450 West Valley Deep Water Main Replacement 0 0 0 0 0 0 0 0 1,350 65th Ave S Water Main Replacement 0 0 0 0 0 0 0 0 3,150 49th Ave S Water Main Replacement 0 0 0 0 0 0 0 0 2,000 S 180th St Water Main Replacement 0 0 0 0 0 0 0 0 1,232 Evans Black Dr Water Main Replacement 0 0 0 0 0 0 0 0 780 S 112 St Water Looping 0 0 0 0 0 0 0 0 1,140 S 153rd St Water Main Replacement 0 0 0 0 0 0 0 0 350 Corporate Dr S Water Main Replacement 0 0 0 0 0 0 0 0 560 Ryan Hill Watermain Improvements 0 0 0 0 0 0 0 0 4,650 Crystal Springs Intertie with Highline WD - 500 i 0 0 0 0 0 0 0 0 325 Grand Total 1,997 2,825 3,275 3,600 5,455 2,600 19,752 11,825 39,692 ** Denotes other funding sources, grants, or mitigation. Project sheets scheduled beyond 2028 Changes from 2021 to 2023 CIP: can be found in the City's website under Additions Public Works Capital Improvement Program. S 149th St & S 150th St Watermain Replacement Large Water Meters Replacement Smart Water Meters Upgrade Annual Water Repair Deleted: Water Comp Plan Completed Macadam Road completed 2023 - 2028 Capital Improvement Program 9/?2022 Residential Sewer Rate Comparison as of September 2022 2022 Ranking CITY 2023 King 2022 City County Charge Sewer 2022 total 1 MERCER ISLAND $ 78.66 $ 52.11 $ 130.77 2 DUVALL $ 77.86 $ 52.11 $ 129.97 3 SEATTLE (Typical) $ 73.14 $ 52.11 $ 125.25 4 SKYWAY $ 58.64 $ 52.11 $ 110.75 5 TACOMA $ 52.26 $ 52.11 $ 104.37 6 MIDWAY SEWER DISTRICT $ 48.35 $ 52.11 $ 100.46 7 LYNNWOOD $ 47.93 $ 52.11 $ 100.04 8 LAKEHAVEN $ 46.39 $ 52.11 $ 98.50 9 SAMMAMISH PLATEAU $ 39.29 $ 52.11 $ 91.40 10 SOUTHWEST Suburban Sewer $ 38.75 $ 52.11 $ 90.86 11 NE SAMMAMISH $ 30.86 $ 52.11 $ 82.97 12 RENTON $ 30.51 $ 52.11 $ 82.62 13 TUKWILA 2022 $ 30.00 $ 52.11 $ 82.11 14 WOODINVILLE $ 28.80 $ 52.11 $ 80.91 15 BELLEVUE $ 23.80 $ 52.11 $ 80.90 16 CEDAR RIVER W & S $ 27.02 $ 52.11 $ 79.13 17 KENT $ 26.31 $ 52.11 $ 78.42 18 AUBURN $ 25.99 $ 52.11 $ 78.10 19 COAL CREEK $ 22.24 $ 52.11 $ 74.35 20 BLACK DIAMOND $ 21.78 $ 52.11 $ 73.89 21 SOOS CREEK $ 21.22 $ 52.11 $ 73.33 22 ALDERWOOD $ 20.64 $ 52.11 $ 72.75 23 ISSAQUAH $ 19.89 $ 52.11 $ 72.00 24 REDMOND $ 19.86 $ 52.11 $ 71.97 25 LAKE FOREST PARK $ 19.02 $ 52.11 $ 71.13 26 ALGONA $ 17.67 $ 52.11 $ 69.78 27 KIRKLAND $ 16.47 $ 52.11 $ 68.58 28 VALLEY VIEW SEWER $ 16.07 $ 52.11 $ 68.18 29 NORTHSHORE $ 13.97 $ 52.11 $ 63.97 Average $ 86.46 haps://tukwilawa-my.sharepoint.com/personal/griffin_ lerner_tukwilawagov/Documents/Documents/Utility Rate Surveys Water, Sewer & SSWM 2022 163 ATTACHMENT E City of Tukwila SEWER ENTERPRISE FUND 2023 - 2028 Analysis in 000's REVENUES Actual 2020 Actual zozz Actual zozz Budget zozz Estimate 2023 2024 2025 2026 2027 2028 Total Monthly Sewer Charges KC 0% KC +4.5% 0% 1,917 � +5.75%; city KC +5% 'City 3% KC +5% 'City h1 3% +5% City KC +5% 'CityKC + 3% 3% KC+S%'City 5% 2,594 King County Metro Sewer ltl 4,840 4,658 4,173 5,225 4,690 5,526 5,830 6,151 6,489 6,846 7,188 38,029 Regular City Sewer (2) 4,927 3,477 4,937 4,730 4,800 5,085 5,238 5,395 5,557 5,723 6,010 33,007 Subtotal Sewer Revenue 9,767 8,135 9,110 9,955 9,490 10,611 11,068 11,545 12,045 12,569 13,197 71,036 Other Misc. Revenue 976 467 312 305 504 300 300 1,300 300 300 300 3,321 Grant/Bonds/PWTF 0 0 0 0 0 0 0 0 0 0 0 0 Sewer Connection Fees (3) 150 143 163 25 106 0 100 100 100 100 100 594 Total Revenues 10,893 8,745 9,585 10,285 10,100 10,911 11,468 12,945 12,445 12,969 13,597 74,951 EXPENDITURES Sewer Operations & Maintenance King County Metro Sewer (4) 4,840 4,658 4,173 5,225 4,690 5,526 5,830 6,151 6,489 6,846 7,188 38,083 Regular City Sewer (5) 1,330 1,435 1,382 1,660 1,611 1,769 1,828 1,883 1,939 1,998 2,057 12,072 Debt Service (6) 356 355 352 352 352 348 347 154 154 42 42 2,059 Debt Service/Costs for PW Shops 80 95 103 200 1,200 606 200 671 671 671 671 3,651 Interfund Utility Tax (7) 10% 1,006 844 942 1,021 999 1,091 1,137 1,285 1,235 1,287 1,350 7,709 Engineering Labor (9) 93 91 436 478 664 701 754 777 800 824 845 4,610 Subtotal 7,705 7,478 7,388 8,936 9,516 10,041 10,096 10,920 11,288 11,667 12,153 68,184 Sewer Capital - CIP Program 416 418 2,011 2,865 2,000 2,592 3,325 2,725 2,725 3,075 1,975 18,243 Total Expenditures 8,121 7,896 9,399 11,801 11,516 12,633 13,421 13,645 14,013 14,742 14,128 86,427 FUND BALANCE Change in Fund Balancelal 2,772 849 186 (1,516) (1,416) (1,722) (1,953) (699) (1,567) (1,773) (530) (8,688) Beginning Balance 8,651 12,269 12,646 12,832 13,158 11,742 10,020 8,067 7,368 5,801 4,028 12,646 Ending Balance 11,423 13,118 12,832 11,316 11,742 10,020 8,067 7,368 5,801 4,028 3,497 3,958 Fund Balance: Reserved 1b120% of revenue 2,076 2,179 1,982 1,917 1,917 2,057 2,182 2,294 2,589 2,489 2,594 2,589 Unreserved 9,347 10,939 10,850 9,399 9,825 7,963 5,885 5,074 3,211 1,538 904 3,211 Ending Balance 11,423 12,646 13,158 11,316 11,742 10,020 8,067 7,368 5,801 4,028 3,497 5,801 lai Revenues in excess of (less than) expenditures (b) Annual reserve balance requirement equals 20% of the prior year operating revenues. 2023 - 2028 Financial Planning Model XXXVI11 9/M022 ATTACHMENT E-1 NOTES TO SEWER ENTERPRISE FUND 1) King County Metro sewer and Tukwila's sewer have been split out to present the revenues separately. Metro increases will be passed through to the sewer ratepayers. King County Metro sewer fees will increase 5.75% in 2023 per KC Ordinance No. 19447 and we have factored in potential King County increases for 2024 through 2028. 2) 3 percent increases are proposed for Tukwila sewer in 2023 and 2024. We will continue with the annual rate model review to confirm that the proposed increases are necessary. 3) Sewer connection fees for Allentown Phase I and Allentown/Foster Point Phase II. 4) King County Metro Sewer treatment fees are passed through to ratepayers. 5) City's basic operation and maintenance costs. 6) Includes the Public Works Trust Fund (PWTF) Loan and the 2006 Bond for the Allentown/Foster Point Phase II Sewer Improvement Project. Sewer Debt Service includes: Expires 2023 2024 2004 PWTF Allentown (62%) 7/1/24 $194,183.39 $193,222.08 2006 Bond Allentown (62%) 12/31/26 110,619.33 111,238.76 2013 PWTF CBD Sewer Rehab 12/31/33 43,233.72 43,027.85 Subtotal $351,672.31 $351,543.63 2018 Public Works Shops (10%) 12/31/38 145,606.50 145,772.75 2019 Public Works Shops (10%) 12/31/39 35,342.95 35,311.60 Total $528,985.89 $528 573.04 7) An Interfund Utility Tax was approved in October 2009 for the water, sewer, and surface water utilities. Gross revenues are currently taxed 10% through December 31, 2027. 8) The Working Capital Reserve Fund's policy was updated in 2012 per Resolution No. 1774 to maintain an adequate fund balance in each of the enterprise funds. For the Enterprise Funds, the unrestricted fund balance shall equal or exceed 20% of the previous year's revenue, exclusive of significant non-operating, non-recurring revenues. 9) The Senior Water/Sewer Engineer's salary and benefits are split evenly between the water department and the sewer department. For 2023 and 2024, Technology staff will continue to charge at 22% for the GIS Coordinator and 10% for the Information Systems Project Analyst to assist with the GIS Inventory of the sewer fund. The Sewer fund is also splitting a GIS Technician position with the Surface Water fund. Sewer Enterprise Fund The City's Enterprise Funds account for utility operations that are self - supported through user charges. The utilities are financed and operated like a private business enterprise which requires periodic determination of revenues earned; expenses incurred, and net income for capital maintenance, public policy, management control and accountability. The Sewer Fund accounts for operations and capital improvements to provide sanitary sewer to a portion of City residents. Valley View Sewer District also provides sewer in the City. 2023 — 2028 Financial Planning Model XXXV 165 Page # PROJECT TITLE City of Tukwila CAPITAL IMPROVEMENT PROGRAM for 2023 - 2028 SEWER ENTERPRISE FUND 402 *Other After Six 2023 2024 2025 2026 2027 2028 TOTAL Sources Years 68 Annual Sewer Repair Program 69 GIS Sewer System Inventory 70 Sewer Lift Station No. 5 Rebuild 71 Sewer Lift Station No. 3 Upgrade 72 Abandon Sewer Lift Station No. 9 73 Southcenter Blvd Sewer Upgrade 74 Lift Stations Generators Load Bank Testing 75 Sewer Repair at 14438 59th Ave S 76 Future Sewer Lift Station No. 7 Ryan Hill - Sewer Revitalization Sewer Lift Station No. 12 APW Sewer connection to KC Metro Allentown Phase III - Sewer Revitalization MLK Way Sewer Improvements Valley View West Hill Sewer Transfer Area 1,050 1,100 1,050 1,100 800 850 5,950 0 6,450 67 0 0 0 0 0 67 0 0 1,300 1,250 0 0 0 0 2,550 0 0 0 600 300 0 0 0 900 0 910 150 350 300 0 0 0 800 0 0 0 0 300 900 900 0 2,100 0 0 25 25 25 25 25 25 150 0 0 0 0 750 0 0 0 750 0 0 0 0 0 700 1,350 1,100 3,150 0 0 0 0 0 0 0 0 0 0 1,900 0 0 0 0 0 0 0 0 3,650 0 0 0 0 0 0 0 0 650 0 0 0 0 0 0 0 0 1,900 0 0 0 0 0 0 0 0 1,000 0 0 0 0 0 0 0 0 0 Grand Total 2,592 3,325 2,725 2,725 3,075 1,975 16,417 0 15,460 Changes from 2021 to 2023 CIP: Combined Annual Sewer Repair and CBD Rehab Added Lift Station No. 5 Rebuild Added Lift Station No. 3 Upgrade Added MLK Way & 47th Ave S Sewer Improvements Deleted: CBD Sanitary Sewer Rehabilitation Sewer Lift Station No. 2 Upgrades Sewer Comprehensive Plan Sewer Replacement at 14025 Interurban Ave S ** Denotes other funding sources, grants, or mitigation. Project sheets scheduled beyond 2028 can be found in the City's website under Public Works Capital Improvement Program. Sewer Lift Station Locations Lift Station No. 1 - Master Telemetry Panel Lift Station No. 2 - Backup Dialer Lift Station No. 3 Lift Station No. 4 Lift Station No. 5 Lift Station No. 6 Lift Station No. 7 - Abandoned in 2011 Lift Station No. 8 Lift Station No. 9 Lift Station No. 10 Lift Station No. 11 Lift Station No. 12 Lift Station No. 13 600 Minkler Blvd. - Shops 1105 Andover Pk W (at Minkler Blvd) 550 Minkler Blvd 6790 Todd Blvd - Southcenter South 6830 Fort Dent Way (entrance to Park) 6820 Fort Dent Way (only serves Park) was at 14601 Interurban - replaced by gravity sewer 13359 56th Ave S - Foster Point (new in 2007) 12638 Interurban - Suburban Propane 12218 51st PI S - Allentown (new in 2007) 18799 Southcenter Pkwy (new in 2012) 255 Andover Park W - Key Bank parking lot at mall Future - Tukwila Pkwy & Andover Park W 2023- 2028 Capital Improvement Program 9//Vi�022 SINGLE FAMILY SURFACE WATER RATES as of September 2022 City ranking CITY 2022 Yearly Rate 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Seattle (Mid 6,000 SF) $ 632.67 Bellevue (1/3 acre) $ 448.65 Sammamish $ 396.00 Tacoma (typical) $ 337.80 Newcastle $ 330.09 Shoreline $ 313.24 King County $ 289.00 Duvall $ 265.80 Mercer Island $ 238.86 lssaquah $ 214.74 Tukwila 2022 $ 204.00 Redmond $ 198.72 Auburn $ 190.56 Renton $ 189.12 Algona $ 186.00 Burien $ 184.94 Lynnwood $ 172.08 Kent $ 161.76 Federal Way $ 153.18 SeaTac $ 149.91 Average $262.86 haps://tukwilawa-my.sharepoint.com/personal/griffin_lerner_tukwilawa_gov/Documents/Documents/Utility Rate Surveys Water, Sewer & SSWM 2022 Exhibit D-3 167 ATTACHMENT F City of Tukwila SURFACE WATER ENTERPRISE FUND 2023 - 2028 Analysis in 000's REVENUES 2019 Actual 2020 Actual 2021 Actual 2022 Budget 2022 Estimate 2023 2024 2025 2026 2027 2028 Total Reserved (b)20% of revenue +5% +3% +2% +5% +5% +5% +5% +5% +5% +3% +5% 1,958 Annual Billings (Current) (1) 6,739 6,971 7,021 7,350 7,390 7,760 8,147 8,555 8,983 9,252 9,715 52,411 Other Revenues 71 2 8 50 18 60 65 70 70 75 75 490 Grants/Bond Proceeds ill 310 1,069 1,540 3,109 625 3,944 3,164 8,746 3,495 215 4,666 24,230 Total Revenues 7,120 8,042 8,569 10,509 8,033 11,764 11,376 17,371 12,548 9,542 14,456 77,056 EXPENDITURES Operations & Maintenance 2,823 2,299 2,434 2,262 2,587 2,376 2,485 2,560 2,636 2,715 2,797 15,569 Debt Service (3) 301 300 288 285 285 283 282 22 22 - - 891 Debt Service/Costs for PW Shops 189 235 255 495 495 1,441 971 1,463 1,463 1,463 1,463 8,264 Interfund Utility Tax (4) 10% 676 692 702 740 738 776 815 855 898 925 971 5,241 Engineering Labor(6) 148 673 724 708 836 855 896 997 1,026 1,057 1,089 5,920 Subtotal 4,137 4,199 4,403 4,490 4,941 5,731 5,449 5,897 6,046 6,161 6,320 35,603 SSWM Capital - CIP Program 917 3,433 3,507 7,300 3,051 7,316 6,305 12,995 7,340 1,965 6,673 42,594 Total Expenditures 5,054 7,632 7,910 11,790 7,992 13,047 11,754 18,892 13,386 8,126 12,993 78,197 FUND BALANCE Change in Fund Balance (e) 2,066 410 659 (1,281) 41 (1,283) (377) (1,521) (838) 1,416 1,462 (1,141) Beginning Balance 2,709 4,775 5,185 5,903 5,903 5,944 4,661 4,283 2,762 1,924 3,341 5,944 Ending Balance 4,775 5,185 5,903 4,622 5,944 4,661 4,283 2,762 1,924 3,341 4,803 4,803 Fund Balance: Reserved (b)20% of revenue 1,362 1,395 1,406 1,410 1,482 1,564 1,642 1,725 1,811 1,865 1,958 1,958 Unreserved 3,413 3,790 4,497 3,212 4,462 3,097 2,641 1,037 114 1,475 2,845 2,845 Ending Balance 4,775 5,185 5,903 4,622 5,944 4,661 4,283 2,762 1,924 3,341 4,803 4,803 ial Revenues in excess of (less than) expenditures (b) Annual reserve balance requirement equals 20% of the prior year operating revenues. 2023 - 2028 Financial Planning Model XXXVI11 9/182022 ATTACHMENT F-1 NOTES TO SURFACE WATER ENTERPRISE FUND 1) Reflects proposed rate increases of 5% in 2023 through 2028, excluding a 3% increase in 2027. We will continue with the annual rate model review to confirm that the proposed Surface Water rate increases are necessary. The National Pollution Discharge Elimination System (NPDES) permit required by the State Department of Ecology is having a significant impact on the Surface Water fund. 2) Potential grants and/or bond revenue. Included is the estimated Department of Ecology grant for NPDES and King County Flood Control District Opportunity grants as well as significant grant funding for the Nelsen Side Channel, the Storm Quality Retrofit Project, S 131st PI Drainage Improvements, the Gilliam Creek Fish Barrier Removal Project and the Chinook Wind Project. 3) Debt schedule includes PWTF loans and the 2006 Allentown Bond. Debt Service includes: Expires 2023 2024 2004 PWTF Cascade View Const. 7/01/24 $ 224,365.58 $ 223,254.86 2004 PWTF Allentown (12%) 7/01/24 37,956.00 37,398.00 2006 Bond Allentown (12%) 12/31/26 21,410.19 21,530.08 Subtotal $283,359.65 $282,182.76 2018 Public Works Shops (23%) 360,185.00 360,596.00 2019 Public Works Shops (23%) 12/31/38 134,427.00 134,350.00 Total $ 777,971.00 $ 777,130.00 4) An Interfund Utility Tax was approved in October 2009 for the water, sewer, and surface water utilities. Gross revenues are currently taxed 10% through December 31, 2027. 5) The Working Capital Reserve Fund's policy was updated in 2012 per Resolution No. 1774 to maintain an adequate fund balance in each of the enterprise funds. For the Enterprise Funds, the unrestricted fund balance shall equal or exceed 20% of the previous year's revenue, exclusive of significant non-operating, non-recurring revenues. 6) Cost of engineering to support capital projects, NPDES, and operation efforts in-house. For 2023 and 2024, Technology staff will continue to charge 22% for the GIS Coordinator and 10% for the Information Systems Project Analyst to assist with the GIS Inventory of the Surface Water fund. The Surface Water Fund is also hiring a GIS Field Technician (split with Sewer) and another NPDES Inspector. Surface Water Enterprise Fund The City's Enterprise Funds account for utility operations that are self - supported through user charges. The utilities are financed and operated like a private business enterprise which requires periodic determination of revenues earned; expenses incurred, and net income for capital maintenance, public policy, management control and accountability. The Surface Water Enterprise Fund accounts for operations and capital improvements for the City's storm drainage and surface water management function. Surface Water projects are required to meet Federal, State and local mandates. The largest contributor to the surface water enterprise fund is the City of Tukwila. 2023 - 2028 Financial Planning Model XXXV I I 169 CIP Page PROJECT TITLE City of Tukwila CAPITAL IMPROVEMENT PROGRAM for 2023 - 2028 SURFACE WATER 412 Fund **Other After Six 2023 2024 2025 2026 2027 2028 TOTAL Sources Years 79 Annual Small Drainage Program 80 Storm Water Quality Retrofit Program 81 NPDES Program 82 Regional Surface Water Partnerships 83 Green the Green Program 84 Gilliam Creek Fish Barrier Removal 85 Tukwila 205 Levee Certification 86 Nelsen Side Channel 87 Surface Water Comprehensive Plan 88 S 131st PI Drainage Improvements 89 Chinook Wind Public Access 90 Chinook Wind Extension 91 Surface Water GIS Inventory 92 Northwest Gilliam Storm Drainage System 93 Duwamish Rvrbk Stabilization at S 104th St 94 Duwamish Hill Preserve 95 Soils Reclamation/Decant Facility 96 Tukwila Pkwy/Gilliam Creek Outfalls 97 S 146th St Pipe & 35th Ave S Drainage S 143rd Street Storm Drainage System TUC Surface Water Conveyance 900 1,620 60 75 185 600 650 600 165 671 422 150 47 100 150 370 551 0 0 0 0 900 100 60 75 180 650 650 300 0 2,400 0 150 0 840 0 0 0 0 0 0 0 970 100 60 75 105 8,500 650 1,825 0 0 0 50 0 0 0 600 0 60 0 0 0 970 2,200 60 75 160 0 650 0 0 0 0 1,060 0 0 200 0 1,550 415 0 0 0 970 100 65 100 80 0 650 0 0 0 0 0 0 0 0 0 0 0 0 0 0 970 100 65 100 188 0 650 0 0 0 0 0 0 0 0 4,600 0 0 0 0 0 5,680 4,220 370 500 898 9,750 3,900 2,725 165 3,071 422 1,410 47 940 350 5,570 2,101 475 0 0 0 0 673 3,095 115 150 65 87 100 319 200 8,050 0 900 0 1,932 0 0 400 1,960 0 126 0 650 0 0 0 0 1,100 0 6,700 5,000 1,468 1,375 0 0 0 1,066 0 1,096 0 541 Grand Total 7,316 6,305 12,995 7,340 1,965 6,673 42,594 23,737 13,431 Changes from 2021 to 2023 CIP: Additions Duwamish Hill Preserve Phase III Duwamish Rvrbk Stabilization at S 104th St Chinook Wind Extension Consolidated multiple items into Regional Partnerships Deletions Riverton Creek Flap Gate Removal East Marginal Wy S Stormwater Outfalls ** Denotes other funding sources, grants, or mitigation. Project sheets scheduled beyond 2028 can be found in the City's website under Public Works Capital Improvement Program. Surface Water Lift Station Locations Storm Lift Station No. 15 Storm Lift Station No. 16 Storm Lift Station No. 17 Storm Lift Station No. 18 Storm Lift Station No. 19 5910 S 180th St - Mizuki Grill 7420 S 180th St (underpass) 530 Strander Blvd - Bicentennial Park 4225 S 122nd St - Allentown Fort Dent Park (Parks Dept.) 2023 - 2028 Capital Improvement Program 9/29/2022