AGENDA REPORT
REQUEST FOR CITY COUNCIL AND
CORONA UTILITY AUTHORITY ACTION
DATE: 12/04/2019
TO: Honorable Mayor and City Council Members
Honorable President and Board Members
FROM: Department of Water and Power
SUBJECT:
Title
Public Hearing for City Council and Corona Utility Authority consideration of Ordinance No. 3309 modifying the Budget Based Water Structure and establishing rates for potable and reclaimed water service fees and charges and Temporary Revenue Stability Charges.
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RECOMMENDED ACTION:
Recommended action
That the:
1. City Council review and adopt the City of Corona Potable and Reclaimed Water Rate Study Final Report dated October 2019.
2. City Council introduce, by title only, and waive full reading of Ordinance No. 3309, first reading of an ordinance modifying the Budget Based Water Structure and establishing rates for potable and reclaimed water service fees and charges and Temporary Revenue Stability Charges.
3. City Council authorize estimated revenue increases of $1,252,964 in the Water Utility Fund 570 and $436,753 in the Reclaimed Water Utility Fund 567, respectively, for the remainder of Fiscal Year 2019-20.
4. City Council approve an agreement for purchase of wholesale reclaimed water for groundwater recharge between the Potable and Reclaimed Water Utilities.
5. Corona Utility Authority ("CUA") review, ratify and to the extent necessary direct that the City Council take the above actions.
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ANALYSIS:
The City of Corona Department of Water and Power ("DWP") provides potable and reclaimed water services to the residents and businesses located within the City of Corona as well as several adjacent communities. DWP is committed to providing the highest quality water and reliable water service to its customers 24 hours a day, 7 days a week, at the lowest possible rates. The City's water utility relies mainly on revenues derived from water and reclaimed water service fees and charges to fu...
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