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HomeMy WebLinkAbout2019 - Water & Wastewater Rate Study Watson & Associates Economists Ltd. 905-272-3600 June 14, 2019 info@watsonecon.ca Water and Wastewater Rate Study Municipality of Bayham Watson & Associates Economists Ltd. H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table of Contents Page Executive Summary ....................................................................................................... i 1. Introduction ...................................................................................................... 1-1 1.1 Background ............................................................................................. 1-1 1.2 Study Process ......................................................................................... 1-2 1.3 Regulatory Changes in Ontario ............................................................... 1-2 1.4 Sustainable Water and Sewage Systems Act ......................................... 1-3 1.5 Financial Plans Regulation ..................................................................... 1-5 1.6 Water Opportunities Act, 2010 ................................................................ 1-7 1.7 Infrastructure for Jobs and Prosperity Act, 2015 (I.J.P.A.) ...................... 1-8 1.8 Forecast Growth and Servicing Requirements ..................................... 1-10 2. Capital Infrastructure Needs ........................................................................... 2-1 2.1 Capital Forecast ...................................................................................... 2-1 3. Lifecycle Costing ............................................................................................. 3-1 3.1 Overview of Lifecycle Costing ................................................................. 3-1 3.1.1 Definition .................................................................................... 3-1 3.1.2 Financing Costs ......................................................................... 3-1 3.1.3 Costing Methods ........................................................................ 3-4 3.2 Impact on Budgets .................................................................................. 3-6 4. Capital Cost Financing Options ..................................................................... 4-1 4.1 Summary of Capital Cost Financing Alternatives .................................... 4-1 4.2 Development Charges Act, 1997 ............................................................ 4-2 4.3 Municipal Act .......................................................................................... 4-3 4.4 Grant Funding Availability ....................................................................... 4-5 4.5 Existing Reserves/Reserve Funds .......................................................... 4-6 4.6 Debenture Financing............................................................................... 4-7 4.7 Infrastructure Ontario .............................................................................. 4-7 4.8 Recommended Capital Financing Approach ........................................... 4-8 Table of Contents (Cont’d) Page Watson & Associates Economists Ltd. H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx 5. Overview of Expenditures and Revenues ..................................................... 5-1 5.1 Water Operating Expenditures ................................................................ 5-1 5.2 Water Operating Revenues .................................................................... 5-1 5.3 Wastewater Operating Expenditures ...................................................... 5-4 5.4 Wastewater Operating Revenues ........................................................... 5-4 6. Pricing Structures ........................................................................................... 6-1 6.1 Introduction ............................................................................................. 6-1 6.2 Alternative Pricing Structures .................................................................. 6-2 6.3 Assessment of Alternative Pricing Structures ......................................... 6-4 6.4 Rate Structures in Ontario ...................................................................... 6-9 6.5 Recommended Rate Structures ............................................................ 6-10 7. Analysis of Water and Wastewater Rates and Policy Matters ..................... 7-1 7.1 Introduction ............................................................................................. 7-1 7.2 Water Rates ............................................................................................ 7-1 7.3 Wastewater Rates .................................................................................. 7-2 8. Recommendations .......................................................................................... 8-1 Appendix A Water System Inventory Data ............................................................. A-1 Appendix B Wastewater System Inventory Data ................................................... B-1 Appendix C Detailed Bayham Water Rate Calculations ........................................ C-1 Appendix D Detailed Richmond Water Rate Calculations .................................... D-1 Appendix E Detailed Wastewater Rate ....................................................................E-1 Watson & Associates Economists Ltd. H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx List of Acronyms and Abbreviations Acronym Full Description of Acronym A.M.O. Association of Municipalities of Ontario C.W.W .F. Clean Water and Wastewater Fund D.C.A. Development Charges Act, 1997 F.I.R. Financial Information Return I.J.P.A. Infrastructure for Jobs and Prosperity Act, 2015 I.O. Infrastructure Ontario LPAT Local Planning Appeal Tribunal M.O.E. Ministry of Environment O.C.I.F. Ontario Community Infrastructure Fund O.M.B. Ontario Municipal Board O.Reg. Ontario Regulation O.S.I.F.A. Ontario Strategic Infrastructure Financing Authority P.S.A.B. Public Sector Accounting Board P.T.I.F. Public Transit Infrastructure Fund S.W.S.S.A. Sustainable Water and Sewage Systems Act, 2002 Executive Summary Watson & Associates Economists Ltd. PAGE i H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Executive Summary The Municipality of Bayham retained Watson & Associates Economists Ltd. (Watson) to undertake a water and wastewater rate study. This study aims to update the analysis for current capital and operating forecasts, costing for lifecycle cost requirements, current volumes and customer profiles. The results of this analysis provide updated water and wastewater base charges and volume rates for customers within the Municipality of Bayham. The rate analysis contained herein continues to provide fiscally responsible practices that are in line with current provincial legislation at a level of rate increases that are reasonable. The analysis presented herein provides the following: • The Bayham system’s 2019 to 2029 capital spending program for water and wastewater is $97,000 and $667,000 (inflated), respectively; • The Richmond system’s 2019 to 2029 capital spending program for water is $67,000 (inflated); • Annual operating expenditures are assumed to increase by 2% per annum for most expenditures; expenditures related to utilities, fuels, chemicals and other materials have been increased at 5% per annum; • The present rate structure (base monthly charge and a constant volume rate) is continued for the Bayham water system; • The present rate structure (flat rate) is continued for the Bayham wastewater system; • The Richmond water system’s rate structure has been calculated on a base charge and volume rate (currently based on a flat rate); • Existing Bayham system water customers total 812; new customers will increase by 5 customers annually to 2029; • Existing Bayham system wastewater customers total 1,233; the same level of increase as water is assumed over the period; and • Existing Richmond system water customers total 57 customers and is assumed to remain constant. Based on the above information, rate increases for both the Bayham and Richmond water systems have been calculated with a 2% annual increase on their respective water bills, while the wastewater bill is calculated to increase by 1% annually. Watson & Associates Economists Ltd. PAGE ii H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table ES-1 summarizes the recommended Bayham system water and wastewater rates and average annual bill (assuming an annual volume of 1 80 m3 ) based on the analysis provided herein over the forecast period. Table ES-2 summarizes the recommended Richmond system water rates and average annual bill (assuming an annual volume of 180 m3) based on the analysis provided herein over the forecast period. Watson & Associates Economists Ltd. PAGE iii H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table ES-1 Summary of the Bayham System Water and Wastewater Bill Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Monthly Base Charge $12.92 $13.18 $13.44 $13.71 $13.98 $14.26 $14.55 $14.84 $15.14 $15.44 $15.75 Annual Base Rate Bill $155.04 $158.16 $161.28 $164.52 $167.76 $171.12 $174.60 $178.08 $181.68 $185.28 $189.00 Constant Rate $3.78 $3.86 $3.94 $4.02 $4.10 $4.18 $4.26 $4.35 $4.44 $4.53 $4.62 Annual Volume 180 180 180 180 180 180 180 180 180 180 180 Annual Volume Bill $680.40 $694.80 $709.20 $723.60 $738.00 $752.40 $766.80 $783.00 $799.20 $815.40 $831.60 Total Annual Bill $835.44 $852.96 $870.48 $888.12 $905.76 $923.52 $941.40 $961.08 $980.88 $1,000.68 $1,020.60 % Increase - Base Rate 2%2%2%2%2%2%2%2%2%2% % Increase - Volume Rate 2%2%2%2%2%2%2%2%2%2% % Increase - Total Annual Bill 2%2%2%2%2%2%2%2%2%2% Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Monthly Flat Rate $56.06 $56.62 $57.19 $57.76 $58.34 $58.92 $59.51 $60.11 $60.71 $61.32 $61.93 Annual Flat Rate Rate Bill $672.72 $679.44 $686.28 $693.12 $700.08 $707.04 $714.12 $721.32 $728.52 $735.84 $743.16 Total Annual Bill $672.72 $679.44 $686.28 $693.12 $700.08 $707.04 $714.12 $721.32 $728.52 $735.84 $743.16 % Increase - Total Annual Bill 1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0% Municipality of Bayham Annual Customer Water Bill - Based on 180 m³ of usage Water Rate Summary - Bayham System Annual Customer Wastewater Bill Wastewater Rate Summary Municipality of Bayham Watson & Associates Economists Ltd. PAGE iv H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table ES-2 Summary of the Richmond System Water Bill Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Monthly Base Charge $51.04 $52.06 $53.10 $54.16 $55.24 $56.34 $57.47 $58.62 $59.79 $60.99 $62.21 Annual Base Rate Bill $612.48 $624.72 $637.20 $649.92 $662.88 $676.08 $689.64 $703.44 $717.48 $731.88 $746.52 Constant Rate $3.78 $3.86 $3.94 $4.02 $4.10 $4.18 $4.26 $4.35 $4.44 $4.53 $4.62 Annual Volume 180 180 180 180 180 180 180 180 180 180 180 Annual Volume Bill $680.34 $694.80 $709.20 $723.60 $738.00 $752.40 $766.80 $783.00 $799.20 $815.40 $831.60 Total Annual Bill $1,292.82 $1,319.52 $1,346.40 $1,373.52 $1,400.88 $1,428.48 $1,456.44 $1,486.44 $1,516.68 $1,547.28 $1,578.12 % Increase - Base Rate 2%2%2%2%2%2%2%2%2%2% % Increase - Volume Rate 2%2%2%2%2%2%2%2%2%2% % Increase - Total Annual Bill 2%2%2%2%2%2%2%2%2%2% Water Rate Summary - Richmond System Municipality of Bayham Annual Customer Water Bill - Based on 180 m³ of usage Report Watson & Associates Economists Ltd. H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Chapter 1 Introduction Watson & Associates Economists Ltd. PAGE 1-1 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx 1. Introduction 1.1 Background The Municipality currently services two systems, the Bayham water system and the Richmond system. Currently, there are 812 metered water customers and 1,2 33 non- metered wastewater customers in the Bayham system. For the Richmond system, there are 57 non-metered water customers, all of which utilize septic tanks. The Municipality’s water supply comes from the Port Burwell Secondary System which feeds off the Elgin Primary Water System. The Bayham water system is metered and utilizes a rate structure with a monthly base charge as well as a volumetric charge per cubic metre of $3.78 (2019 rate). The Bayham wastewater system utilizes a flat monthly rate. On April 20, 2017 the Council of the Corporation of the Municipality of Bayham passed the following resolution: “AND THAT once the distribution system is approved by the Ministry of Environment and Climate Change staff be directed to bring forward a by-law for Council consideration to amend By-law No. 2014-099 to utilize approved metered rates for the Hamlet of Richmond.” The Richmond water system currently utilizes a flat rate charge, however, based on Council’s direction, the analysis provided herein calculates a base charge and volumetric rate similar to the Bayham system. See Table 1-1 for existing rates. Table 1-1 Municipality of Bayham, Water and Wastewater Rates – 2019 All Meters 12.92 Charge per Month 97.00 Charge per Month 56.06 3.780$ per m 3 Municipality of Bayham 2019 - Wastewater Billing Rates Volume Charge Base Charge - Port Burwell - Vienna Flat Rate - Municipality Wide Municipality of Bayham 2019 - Water Flat Rates Flat Rate - Richmond - Fire Lanes Municipality of Bayham 2019 - Water Billing Rates Watson & Associates Economists Ltd. PAGE 1-2 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx With the legislative changes made in Ontario as a result of the Walkerton crisis, municipalities are conforming to the new statutes governing the management of water and wastewater systems. Watson & Associates Economists Ltd. (Watson) was retained by the Municipality of Bayham to assist in addressing these matters in a proactive manner as they relate to the water and wastewater systems. The assessment provided herein addresses changes recommended to the wate r and wastewater rates based on the most current information and forecasts the implications over the next ten -year period. 1.2 Study Process The objectives of the study and the steps involved in carrying out this assignment are summarized below: • Identify all current and future water and wastewater system capital needs to assess the immediate and longer-term implications; • Identify potential methods of cost recovery from the capital needs listing. These recovery methods may include other statutory authorities (e.g. Development Charges Act, 1997 (D.C.A.), Municipal Act, etc.) as an offset to recovery through the water and wastewater rates; • Identify existing operating costs by component and estimate future operating costs over the next ten years. This assessment identifies fixed and variable costs in order to project those costs sensitive to changes to the existing infrastructure inventory, as well as costs which may increase commensurate with growth; and • Provide staff and Committee/Council the findings to assist in gaining approval of the rates for the remaining months of 2018 and future years. 1.3 Regulatory Changes in Ontario Resulting from the water crisis in W alkerton, significant regulatory changes have been made in Ontario. These changes arise as a result of the Walkerton Commission and the 93 recommendations made by the Walkerton Inquiry Part II report. Areas of recommendation include: • watershed management and source protection; Watson & Associates Economists Ltd. PAGE 1-3 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx • quality management; • preventative maintenance; • research and development; • new performance standards; • sustainable asset management; and • lifecycle costing. The legislation which would have most impacted municipal water and wastewater rates was the Sustainable Water and Sewage Systems Act (S.W.S.S.A.) which would have required municipalities to implement full cost pricing. The legislation was enacted in 2002, however, it had not been implemented pending the approval of its regulations. The Act was repealed as of January 1, 2013. It is expected that the provisions of the Water Opportunities Act will implement the fundamental requirements of S.W.S.S.A. Furthermore, on December 27, 2017, O.Reg. 588/17 was released under the Infrastructure for Jobs and Prosperity Act, 2015 (I.J.P.A.), which outlines the requirements for asset management for municipalities. The results of the asset management review under this Act will need to be considered in light of the recent investments undertaken by the Municipality and the capital spending plan provided herein. The following sections describe these various resulting changes. 1.4 Sustainable Water and Sewage Systems Act As noted earlier, the S.W.S.S.A. was passed on December 13, 2002. The intent of the Act was to introduce the requirement for municipalities to undertake an assessment of the “full cost” of providing their water and wastewater services. It is noted, however, that this Act has been repealed. To provide broader context and understanding to other legislation discussed herein, a description of the Act is provided below. Full costs for water service was defined in subsection 3(7) of the Act and included “…source protection costs, operating costs, financing costs, renewal and replacement costs and improvement costs associated with extracting, treating or distributing water to the public and such other costs which may be specified by regulation.” Similar provisions were made for wastewater services in subsection 4(7) with respect to “…collecting, treating or discharging waste water.” Watson & Associates Economists Ltd. PAGE 1-4 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx The Act would have required the preparation of two reports for submission to the Ministry of the Environment (or such other member of the Executive Council as may be assigned the administration of this Act under the Executive Council Act). The first report was on the “full cost of services” and the second was the “cost recovery plan.” Once these reports were reviewed and approved by the Ministry, the municipality would have been required to implement the plans within a specified time period. In regard to the full cost of services report, the municipality (deemed a regulated entity under the Act) would prepare and approve a report concerning the provision of water and sewage services. This report was to include an inventory of the infrastructure, a management plan providing for the long-term integrity of the systems, and would address the full cost of providing the services (other matters may be specified by the regulations) along with the revenue obtained to provide t hem. A professional engineer would certify the inventory and management plan portion of the report. The municipality’s auditor would be required to provide a written opinion on the report. The report was to be approved by the municipality and then be forwarded to the Ministry along with the engineer’s certification and the auditor’s opinion. The regulations would stipulate the timing for this report. The second report was referred to as a cost recovery plan and would address how the municipality intended to pay for the full costs of providing the service. The regulations were to specify limitations on what sources of revenue the municipality may use. The regulations may have also provided limits as to the level of increases any customer or class of customer may experience over any period of time. Provision was made for the municipality to implement increases above these limits; however, ministerial approval would be required first. Similar to the first report, the municipal auditor would provide a written opinion on the report prior to Council’s adoption, and this opinion must accompany the report when submitted to the Province. The Act provided the Minister the power to approve or not approve the plans. If the Minister was not satisfied with the report or if a municipality did not submit a plan, the Minister may have a plan prepared. The cost to the Crown for preparing the plan would be recovered from the municipality. As well, the Minister may direct two or more regulated municipalities to prepare a joint plan. This joint plan may be directed at the onset or be directed by the Minister after receiving the i ndividual plans from the municipalities. Watson & Associates Economists Ltd. PAGE 1-5 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx The Minister also had the power to order a municipality to generate revenue from a specific revenue source or in a specified manner. The Minister may have also ordered a regulated entity to do or refrain from doing such things as the Minister considered advisable to ensure that the entity pays the full cost of providing the services to the public. Once the plans were approved and in place, the municipality would be required to submit progress reports. The timing of these reports and the information to be contained therein would be established by the regulations. A municipal auditor’s opinion must be provided with the progress report. Municipalities would also revise the plans if they deem the estimate does not reflect the full cost of providing the services, as a result of a change in circumstances, regulatory or other changes that affect their plan, etc. The municipality would then revise its prior plan, provide an auditor’s opinion, and submit the plan to the Minister. 1.5 Financial Plans Regulation On August 16, 2007, the M.O.E. passed O.Reg 453/07 which requires the preparation of financial plans for water (and wastewater) systems. The M.O.E. has also provided a Financial Plan Guidance Document to assist in preparing the plans. A brief summary of the key elements of the regulation is provided below: • The financial plan will represent one of the key elemen ts for the municipality to obtain its Drinking Water Licence; • The financial plans shall be for a period of at least six years, but longer planning horizons are encouraged; • As the regulation is under the Safe Drinking Water Act, 2002, the preparation of the plan is mandatory for water and encouraged for wastewater; • The plan is considered a living document (i.e. will be updated as annual budgets are prepared) but will need to be undertaken, at a minimum, every five years; • The plans generally require the forecasting of capital, operating and reserve fund positions, providing detailed inventories, forecasting future users and volume usage and corresponding calculation of rates. In addition, P.S.A.B. information on the system must be provided for each year of the forecast (i.e. total non- financial assets, tangible capital asset acquisitions, tangible capital asset construction, betterments, write-downs, disposals, total liabilities and net debt); Watson & Associates Economists Ltd. PAGE 1-6 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx • The financial plans must be made available to the public (at no cha rge) upon request and be available on the municipality’s website. The availability of this information must also be advertised; and • The financial plans are to be approved by Resolution of the Council or governing body indicating that the drinking water system is financially viable. In general, the financial principles of the draft regulations follow the intent of S.W.S.S.A. to move municipalities towards financial sustainability. Many of the prescriptive requirements, however, have been removed (e.g. preparation of two separate documents for provincial approval, auditor opinions, engineer certifications, etc.). A Guideline (“Towards Financially Sustainable Drinking Shores – Water and Wastewater Systems”) had been developed to assist municipalities in understanding the Province’s direction and provided a detailed discussion on possible approaches to sustainability. The Province’s Principles of Financially Sustainable Water and Wastewater Services are provided below: Principle #1: Ongoing public engagement and transparency can build support for, and confidence in, financial plans and the system(s) to which they relate. Principle #2: An integrated approach to planning among water, wastewater, and stormwater systems is desirable given the inherent relationship among these services. Principle #3: Revenues collected for the provision of water and wastewater services should ultimately be used to meet the needs of those services. Principle #4: Lifecycle planning with mid-course corrections is preferable to planning over the short term, or not planning at all. Principle #5: An asset management plan is a key input to the development of a financial plan. Principle #6: A sustainable level of revenue allows for reliable service that meets or exceeds environmental protection standards, while providing sufficient resources for future rehabilitation and replacement needs. Watson & Associates Economists Ltd. PAGE 1-7 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Principle #7: Ensuring users pay for the services they are provided leads to equitable outcomes and can improve conservation. In general, metering and the use of rates can help ensure users pay for services received. Principle #8: Financial plans are “living” documents that require continuous improvement. Comparing the accuracy of financial projections with actual results can lead to improved planning in the future. Principle #9: Financial plans benefit from the close collaboration of various groups, including engineers, accountants, auditors, utility staff, and municipal Council. 1.6 Water Opportunities Act, 2010 As noted earlier, since the passage of the Safe Drinking Water Act, 2002, continuing changes and refinements to the legislation have been introduced. Some of these Bills have found their way into law, while others have not been approved. Bill 72, the Water Opportunities Act, 2010, was introduced into legislation on May 18, 2010 and received Royal Assent on November 29, 2010. The Act provides for the following elements: • The fostering of innovative water, wastewater and stormwater technologies, services and practices in the private and public sectors; • Preparation of water conservation plans to achieve water conservation targets established by the regulations; and • Preparation of sustainability plans for municipal water services, municipal wastewater services and municipal stormwater services. With regard to the sustainability plans: • The Act extends from the water financial plans and requires a more detailed review of the water financial plan and requires a full plan for wastewater and stormwater services; and • Regulations will provide performance targets for each service – these targets may vary based on the jurisdiction of the regulated entity or the class of entity. The financial plan shall include: Watson & Associates Economists Ltd. PAGE 1-8 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx • An asset management plan for the physical infrastructure; • A financial plan; • For water, a water conservation plan; • An assessment of risks that may interfere with the future delivery of the municipal service, including, if required by the regulations, the risks posed by climate change and a plan to deal with those risks; and • Strategies for maintaining and improving the municipal service, including strategies to ensure the municipal service can satisfy future demand , consider technologies, services and practices that promote the efficient use of water and reduce negative impacts on Ontario’s water resources, and increase co- operation with other municipal service providers. Performance indicators will be established by service, with the following considerations: • May relate to the financing, operation or maintenance of a municipal service or to any other matter in respect of what information may be required to be included in a plan; • May be different for different municipal service providers or for municipal services in different areas of the Province. Regulations will prescribe: • Timing; • Contents of the plans; • Which identified portions of the plan will require certification; • Public consultation process; and • Limitations, updates, refinements, etc. As noted earlier, it is expected that this Act will implement the principles of the S.W.S.S.A. once all regulations are put in place. 1.7 Infrastructure for Jobs and Prosperity Act, 2015 (I.J.P.A.) On June 4, 2015, the Province of Ontario passed the I.J.P.A. which, over time, will require municipalities to undertake and implement asset management plans for all infrastructure they own. On December 27, 2017, the Province released Ontario Watson & Associates Economists Ltd. PAGE 1-9 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Regulation 588/17 under the I.J.P.A. which has three phases that municipalities must meet: Every municipality in Ontario will have to prepare a strategic asset management policy by July 1, 2019. Municipalities will be required to review their strategic asset management policies at least every five years and make updates as necessary. The subsequent phases are as follows: • Phase 1 – Asset Management Plan (by July 1, 2021): o For core assets, municipalities must have the following: ▪ Inventory of assets; ▪ Current levels of service measured by standard metrics; and ▪ Costs to maintain levels of service. • Phase 2 – Asset Management Plan (by July 1, 2023): o Same steps as Phase 1 but for all assets. • Phase 3 – Asset Management Plan (by July 1, 2024): o Builds on Phase 1 and 2 by adding: ▪ Proposed levels of service; and ▪ Lifecycle management and financial strategy. In relation to water and wastewater (which is considered a core asset), municipalities will need to have an asset management plan that addresses the related infrastructure by July 1, 2021 (Phase 1). O.Reg. 588/17 specifies that the municipality’s asset management plan must include the following for each asset category: Watson & Associates Economists Ltd. PAGE 1-10 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx • The current levels of service being provided, determined in accordance with the following qualitative descriptions and technical metrics and based on data from at most the two calendar years prior to the year in which all information required under this section is included in the asset management plan; • The current performance of each asset category, including: o a summary of the assets in the category; o the replacement cost of the assets in the category; o the average age of the assets in the category, determined by assessing the average age of the components of the assets; o the information available on the condition of the assets in the category; o a description of the municipality’s approach to assessing the condition of the assets in the category, based on recognized and generally accepted good engineering practices where appropriate; and • The lifecycle activities that would need to be undertaken to maintain the current levels of service. Upon completion of the asset management plan for water and wastewater services, the Municipality will need to consider the impacts on the capital plan provided herein. 1.8 Forecast Growth and Servicing Requirements As mentioned earlier, the Municipality currently services two systems, the Bayham water system and the Richmond system. Currently, there are 812 metered wat er customers and 1,233 non-metered wastewater customers in the Bayham system. For the Richmond system, there are 57 non-metered water customers, all of which utilize septic tanks. Information on the existing number of customers and existing billable volumes was obtained from the Municipality. For future water and wastewater customers to be added to the s ystems, consideration has been given to development potential within the serviced areas of the Municipality over the forecast period 2019 to 2029. Table 1-2 provides for the forecast of water users and volumes within the Bayham System. Table 1-3 provides for the forecast of water users and volumes within the Richmond System. Table 1-4 provides the forecast of wastewater users and volumes. Watson & Associates Economists Ltd. PAGE 1-11 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table 1-2 2019 to 2029 Bayham Water System Forecast Water Users Forecast Year Total Users 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2020 5 3 5 5 5 5 5 5 5 5 5 2021 5 3 5 5 5 5 5 5 5 5 2022 5 3 5 5 5 5 5 5 5 2023 5 3 5 5 5 5 5 5 2024 5 3 5 5 5 5 5 2025 5 3 5 5 5 5 2026 5 3 5 5 5 2027 5 3 5 5 2028 5 3 5 2029 5 3 Total 50 - 3 8 13 18 23 28 33 38 43 48 m3/user 180 180 180 180 180 180 180 180 180 180 180 180 Annual Flow - 540 1,440 2,340 3,240 4,140 5,040 5,940 6,840 7,740 8,640 Water Customer Forecast 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Existing 812 812 812 812 812 812 812 812 812 812 812 New - Growth - 3 8 13 18 23 28 33 38 43 48 Total 812 815 820 825 830 835 840 845 850 855 860 Water Volume Forecast (m³)2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Existing 146,761 146,761 146,761 146,761 146,761 146,761 146,761 146,761 146,761 146,761 146,761 New - 540 1,440 2,340 3,240 4,140 5,040 5,940 6,840 7,740 8,640 Total 146,761 147,301 148,201 149,101 150,001 150,901 151,801 152,701 153,601 154,501 155,401 Watson & Associates Economists Ltd. PAGE 1-12 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table 1-3 2019 to 2029 Richmond Water System Forecast Water Users Forecast Year Total Users 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2020 0 - - - - - - - - - - 2021 0 - - - - - - - - - 2022 0 - - - - - - - - 2023 0 - - - - - - - 2024 0 - - - - - - 2025 0 - - - - - 2026 0 - - - - 2027 0 - - - 2028 0 - - 2029 0 - Total 0 - - - - - - - - - - - m3/user 180 180 180 180 180 180 180 180 180 180 180 180 Annual Flow - - - - - - - - - - - Water Customer Forecast 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Existing 57 57 57 57 57 57 57 57 57 57 57 New - Growth - - - - - - - - - - - Total 57 57 57 57 57 57 57 57 57 57 57 Water Volume Forecast (m³)2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Existing 10,260 10,260 10,260 10,260 10,260 10,260 10,260 10,260 10,260 10,260 10,260 New - - - - - - - - - - - Total 10,260 10,260 10,260 10,260 10,260 10,260 10,260 10,260 10,260 10,260 10,260 Watson & Associates Economists Ltd. PAGE 1-13 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table 1-4 2019 to 2029 Bayham Wastewater System Forecast Wastewater Users Forecast Year Total Users 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2020 5 3 5 5 5 5 5 5 5 5 5 2021 5 3 5 5 5 5 5 5 5 5 2022 5 3 5 5 5 5 5 5 5 2023 5 3 5 5 5 5 5 5 2024 5 3 5 5 5 5 5 2025 5 3 5 5 5 5 2026 5 3 5 5 5 2027 5 3 5 5 2028 5 3 5 2029 5 3 Total 50 - 3 8 13 18 23 28 33 38 43 48 m 3/user 192 192 192 192 192 192 192 192 192 192 192 192 Annual Flow - 576 1,536 2,496 3,456 4,416 5,376 6,336 7,296 8,256 9,216 Wastewater Customer Forecast 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Existing 1,233 1,233 1,233 1,233 1,233 1,233 1,233 1,233 1,233 1,233 1,233 New - Growth - 3 8 13 18 23 28 33 38 43 48 Total 1,233 1,236 1,241 1,246 1,251 1,256 1,261 1,266 1,271 1,276 1,281 Wastewater Flows Forecast (m³)2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Existing 244,722 244,722 244,722 244,722 244,722 244,722 244,722 244,722 244,722 244,722 244,722 New - 576 1,536 2,496 3,456 4,416 5,376 6,336 7,296 8,256 9,216 Total 244,722 245,298 246,258 247,218 248,178 249,138 250,098 251,058 252,018 252,978 253,938 Note: Above flows are based on the 3-year average usage per customer Watson & Associates Economists Ltd. H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Chapter 2 Capital Infrastructure Needs Watson & Associates Economists Ltd. PAGE 2-1 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx 2. Capital Infrastructure Needs 2.1 Capital Forecast Capital forecasts have been provided for the water and wastewater systems and are presented on Tables 2-1, 2-2 and 2-3 (Note: the costs are in inflated dollars). The basis for these forecasts is the Municipality’s capital budget. A summary of the capital works related to the water and wastewater services is provided on the following tables. Watson & Associates Economists Ltd. PAGE 2-2 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table 2-1 2019 to 2029 Bayham System Water Capital Forecast Summary (Inflated $) Table 2-2 2019 to 2029 Richmond System Water Capital Forecast Summary (Inflated $) Table 2-3 2019 to 2029 Bayham System Wastewater Capital Forecast Summary (Inflated $) Total 2019 - 2029 Capital Expenditures Air Valves 27,500 2019 - 2020 Pick Up Truck 44,000 2021, 2027 Studies: Water Financial Plan 74,000 2019, 2024 Total Capital Expenditures 145,500 Description Years Undertaken Total 2019 - 2029 Capital Expenditures Equipment - Richmond 49,000 2022 - 2024 Studies: Richmond Well Review 34,000 2019, 2024 Total Capital Expenditures 83,000 Description Years Undertaken Total 2019 - 2029 Capital Expenditures STP Energy Upgrades 282,500 2019 Pump Station Check Valves 30,000 2019 - 2021 Pump Equipment 252,000 2019 - 2024 New Pumps 516,000 2019 - 2022 SCADA Packs 60,000 2019 Pick Up Truck 44,000 2021, 2027 Total Capital Expenditures 1,184,500 Description Years Undertaken Watson & Associates Economists Ltd. H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Chapter 3 Lifecycle Costing Watson & Associates Economists Ltd. PAGE 3-1 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx 3. Lifecycle Costing 3.1 Overview of Lifecycle Costing 3.1.1 Definition For many years, lifecycle costing has been used in the field of maintenance en gineering and to evaluate the advantages of using alternative materials in construction or production design. The method has gained wider acceptance and use in the areas of industrial decision-making and the management of physical assets. By definition, lifecycle costs are all the costs which are incurred during the lifecycle of a physical asset, from the time its acquisition is first considered to the time it is taken out of service for disposal or redeployment. The stages which the asset goes through in its lifecycle are specification, design, manufacture (or build), install, commission, operate, maintain and disposal. Figure 3-1 depicts these stages in a schematic form. 3.1.2 Financing Costs This section will focus on financing mechanisms in place to fund the costs incurred throughout the asset's life. In a municipal context, services are provided to benefit tax/rate payers. Acquisition of assets is normally timed in relation to direct needs within the community. At times, economies of scale or technical efficiencies will lead to oversizing an asset to accommodate future growth within the Municipality. Over the past few decades, new financing techniques such as development charges have been employed based on the underlying principle of having tax/rate payers who benefit directly from the service paying for that service. Operating costs which reflect the cost of the service for that year are charged directly to all existing tax/rate payers who have received the benefit. Operating costs are normally charged through the tax base or user rates. Capital expenditures are recouped through several methods, with operating budget contributions, development charges, reserves, developer contributions and debentures, being the most common. Watson & Associates Economists Ltd. PAGE 3-2 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Figure 3-1 Lifecycle Costing Select or Specify Purchase Install Commission Operate Maintain Monitor (Throughout Life of Assets) (To End of Useful Life) Remove Dispose User Cost to User Investment Costs Operating Costs Maintenance Costs Monitoring Costs Disposal Costs Life Cycle Costs New construction related to growth could produce development charges and developer contributions (e.g. works internal to a subdivision which are the responsibility of the developer to construct) to fund a significant portion of projects, where new assets are being acquired to allow growth within the Municipality to continue. As well, debentures Watson & Associates Economists Ltd. PAGE 3-3 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx could be used to fund such works, with the debt charge carrying costs recouped from taxpayers in the future. Capital construction to replace existing infrastructure, however, is largely not growth- related and will therefore not yield development charges or developer contributions to assist in financing these works. Hence, a municipality will be dependent upon debentures, reserves and contributions from the operating budget to fund these works. Figure 3-2 depicts the costs of an asset from its initial conception through to replacement and then continues to follow the associated costs through to the next replacement. As referred to earlier, growth-related financing methods such as development charges and developer contributions could be utilized to finance the growth-related component of the new asset. These revenues are collected (indirectly) from the new homeowner who benefits directly from the installation of this asset. Other financing methods may be used as well to finance the non-growth-related component of this project, such as reserves which have been collected from past tax/rate payers, operating budget contributions which are collected from existing tax/rate payers and debenturing which will be carried by future tax/rate payers. Ongoing costs for monitoring, operating and maintaining the asset will be charged annually to the existing tax/rate payer. When the asset requires replacement, the sources of financing will be limited to reserves, debentures and contributions from the operating budget. At this point, the question is raised: "If the cost of replacement is to be assessed against the tax/rate payer who benefits from the replacement of the asset, should the past tax/rate payer pay for this cost or should future rate payers assume this cost?" If the position is taken that the past user has used up the asset, hence he should pay for the cost of replacement, then a charge should be assessed annually through the life of the asset, to have funds available to replace it when the time comes. If the position is taken that the future tax/rate payer should assume this cost, then debenturing and, possibly, a contribution from the operating budget should be used to fund this work. Charging for the cost of using up an asset is the fundamental concept behind depreciation methods utilized by the private sector. This concept allows for expending the asset as it is used up in the production process. The tracking of these costs forms part of the product's selling price and, hence, end-users are charged for the asset's Watson & Associates Economists Ltd. PAGE 3-4 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx depreciation. The same concept can be applied in a municipal setting to charge existing users for the asset's use and set those funds aside in a reserve to finance the cost of replacing the asset in the future. Figure 3-2 Financing Lifecycle Costs Purchase Install Commission Operate Maintain Monitor (Throughout Life of Assets) (To End of Useful Life) Removal/Decommission Disposal New Assets Replacement Assets Development Charges (Growth) Reserves/Reserve Funds Debentures Taxation User Fees Grants Other Proceeds on Disposal Funding of Disposal/ Decommissioning Costs Tax Supported Operating Budget User Fees Operating Budget Financing Methods Purchase Install Commission Operate Maintain Monitor (Throughout Life of Assets) (To End of Useful Life) Removal/Decommission Disposal 3.1.3 Costing Methods There are two fundamental methods of calculating the cost of the usage of an asset and for the provision of the revenue required when the time comes to retire and replace it. The first method is the Depreciation Method. This method recognizes the reduction in the value of the asset through wear and tear and aging. There are two commonly used forms of depreciation: the straight-line method and the reducing balance method (shown graphically in Figure 3-3). Watson & Associates Economists Ltd. PAGE 3-5 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx The straight-line method is calculated by taking the original cost of the asset, subtracting its estimated salvage value (estimated value of the asset at the time it is disposed of) and dividing this by the estimated number of years of useful life. The reducing balance method is calculated by utilizing a fixed percentage rate and this rate is applied annually to the undepreciated balance of the asset value. The second method of lifecycle costing is the sinking fund method. This method first estimates the future value of the asset at the time of replacement. This is done by inflating the original cost of the asset at an assumed annual inflation rate. A calculation is then performed to determine annual contributions (equal or otherwise) which, when invested, will grow with interest to equal the future replacement cost. The preferred method used herein for forecasting purposes is the sinking f und method of lifecycle costing. Watson & Associates Economists Ltd. PAGE 3-6 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Figure 3-3 Process STRAIGHT LINE DEPRECIATION Original Cost $x $x $x $x $x $x $x $x $x $x Formula: Original Cost - Salvage Cost Number of Years of Useful Life SINKING FUND METHOD $x $x $x $x $x $x $x $x $x $x 1. "Estimate Future Replacement Cost" Original Cost Future Replacement Cost Future Replacement Cost 2. "Estimate Annual Contribution which will Grow with Interest to Equal Future Replacement Cost" Total Annual Contributions Equal Original Cost "Annual Inflation" "Annual Interest Earnings" 3.2 Impact on Budgets Detailed water and wastewater systems inventory information was obtained from the Municipality. The age of the Bayham water system dates back to the early 1970’s. The water system has been expanded throughout the years. The Richmond System has been updated in the early 2010’s. The Bayham wastewater system dates back to the Watson & Associates Economists Ltd. PAGE 3-7 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx mid-1980s. The total value of existing water infrastructure is $10.9 million and the value of existing wastewater infrastructure is $27.9 million. The detailed water and wastewater inventories are provided in Appendices A and B, respectively. As well, the lifecycle “sinking fund” contribution amounts for each piece of infrastructure have also been included. These calculations determine the level of investment the Municipality may wish to consider as part of its budgeting practices. This information is summarized in Figure 3-4. Figure 3-4 Municipality of Bayham Summary of Water and Wastewater Infrastructure With respect to lifecycle costing contained in the Appendices, the following information was taken into consideration: • approximate age; • material type; • main lengths; • diameter of the mains; • estimated useful life; and • estimated replacement costs. Area Total Replacement Value Suggested amount to be included in 10- year forecast based on estimated life Net Replacement for Future Lifecycle Annual Lifecycle Replacement Water - Bayham Watermains 8,018,550 - 8,018,550 236,021 Water Curb Stops & Meters 1,041,080 - 1,041,080 48,305 Water Hydrants 371,070 - 371,070 18,442 Water Valves 284,800 - 284,800 14,408 Water - Richmond Richmond System 1,149,520 - 1,149,520 50,653 Total Water 10,865,020 - 10,865,020 367,828 Wastewater Wastewater Facilities 7,716,090 2,336,480 5,379,610 210,686 Wastewater Sewers - Valves - Sanitary Mains 20,186,680 - 20,186,680 517,698 Total Wastewater 27,902,770 2,336,480 25,566,290 728,384 Total 38,767,790 2,336,480 36,431,310 1,096,212 Investment per customer is $12,503 for water and $22,630 for wastewater Watson & Associates Economists Ltd. PAGE 3-8 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Summaries of both water and wastewater assets are shown on Figures 3-5 and 3-6. These figures show when the assets are coming due and the cost of replacement in 2019 dollars. As noted earlier, the Municipality will be undertaking a detailed asset management plan for water and wastewater services. The results of this evaluation may vary from the results provided herein. At that time, the results of the plans can be considered in light of the capital plan provided herein. Watson & Associates Economists Ltd. PAGE 3-9 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Figure 3-5 Municipality of Bayham Summary of Bayham Water Infrastructure Replacement Years (2019 $) - 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000 5,000,000 Total Replacement Cost (2019$)Year Bayham Water Asset Replacement Years (2019$) Water Valves Water Hydrants Water Curb Stops & Meters Watermains Watson & Associates Economists Ltd. PAGE 3-10 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Figure 3-6 Municipality of Bayham Summary of Richmond Water Infrastructure Replacement Years (2019 $) - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 Total Replacement Cost (2019$)Year Richmond Water Asset Replacement Years (2019$) All Assets Watson & Associates Economists Ltd. PAGE 3-11 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Figure 3-7 Municipality of Bayham Summary of Wastewater Infrastructure Replacement Years (2019 $) - 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,000,000 14,000,000 16,000,000 Total Replacement Cost (2019$)Year Wastewater Asset Replacement Years (2019$) Wastewater Sewers - Valves - Sanitary Mains Wastewater Facilities Watson & Associates Economists Ltd. H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Chapter 4 Capital Cost Financing Options Watson & Associates Economists Ltd. PAGE 4-1 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx 4. Capital Cost Financing Options 4.1 Summary of Capital Cost Financing Alternatives Historically, the powers that municipalities had to raise alternative revenues to taxation to fund capital services have been restrictive. Over the past decade, legislative reforms have been introduced. Some of these have expanded municipal powers (e.g. Bill 26 introduced in 1996 to provide for expanded powers for imposing fees and charges), while others appear to restrict them (Bill 98 in 1997 providing amendments to the D.C.A.). The Province passed a new Municipal Act which came into force on January 1, 2003. Part XII of the Act and O.Reg. 584/06 govern a municipality’s ability to impose fees and charges. In contrast to the previous Municipal Act, this Act provides municipalities with broadly defined powers and does not differentiate between fees for operating and capital purposes. It is anticipated that the powers to recover capital costs under the previous Municipal Act will continue within the new Statutes and Regulations, as indicated by s.9(2) and s.452 of the new Municipal Act. Under s.484 of Municipal Act, 2001, the Local Improvement Act was repealed with the in-force date of the Municipal Act (January 1, 2003). The municipal powers granted under the Local Improvement Act now fall under the jurisdiction of the Municipal Act. To this end, on December 20, 2002, O.Reg. 390/02 was filed, which allowed for the Local Improvement Act to be deemed to remain in force until April 1, 2003. O.Reg. 119/03 was enacted on April 19, 2003, which restored many of the previous Local Improvement Act provisions; however, the authority is now provided under the Municipal Act. The methods of capital cost recovery available to municipalities are provided as follows: Watson & Associates Economists Ltd. PAGE 4-2 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Recovery Methods Section Reference • Development Charges Act, 1997 4.2 • Municipal Act o Fees and Charges o Sewer and Water Area Charges o Connection Fees o Local Improvements 4.3 4.2 Development Charges Act, 1997 In November, 1996, the Ontario Government introduced Bill 98, a new Development Charges Act. The Province’s stated intentions were to “create new construction jobs and make home ownership more affordable” by reducing the charges and to “make municipal Council decisions more accountable and more cost effective.” The basis for this Act is to allow municipalities to recover the growth-related capital cost of infrastructure necessary to accommodate new growth within the municipality. Generally, the Act provided the following changes to the former Act: • Replace those sections of the 1989 Act that govern municipal development charges; • Limit services which can be financed from development charges, specifically excluding parkland acquisition, administration buildings, and cultural, entertainment, tourism, solid waste management and hospital facilities; • Ensure that the level of service used in the calculation of capital costs will not exceed the average level of service over the previous decade. Level of service is to be measured from both a quality and quantity perspective; • Provide that uncommitted excess capacity available in existing municipal facilities and benefits to existing residents are removed from the calculation of the charge; • Ensure that the development charge revenues collected by municipalities are spent only on those capital costs identified in the calculation of the development charge; • Require municipalities to contribute funds (e.g. taxes, user charges or other non- development charge revenues) to the financing of certain projects primarily Watson & Associates Economists Ltd. PAGE 4-3 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx funded from development charges. The municipal contribution is 10 percent for services such as recreation, parkland development, libraries, etc.; • Permit (but apparently not require) municipalities to grant developers credits for the direct provision of services identified in the development charge calculation and, when credits are granted, require the municipality to reimburse the developer for the costs the municipality would have incurred if the project had been financed from the development charge reserve fund; • Set out provisions for front-end financing capital projects (limited to essential services) required to service new development; and • Set out provisions for appeals and complaints. In late 2015, the Province approved further amendments to the D.C.A. With respect to water and wastewater, the only changes are for the municipality to provide an asset management calculation for the growth-related works and for the Council to consider (but not necessarily approve) area-specific rates. 4.3 Municipal Act Part XII of the Municipal Act provides municipalities with broad powers to impose fees and charges via passage of a by-law. These powers, as presented in s.391(1), include imposing fees or charges: • “for services or activities provided or done by or on behalf of it; • for costs payable by it for services or activities provided or done by or on behalf of any other municipality or local board; and • for the use of its property including property under its control.” Restrictions are provided to ensure that the form of the charge is not akin to a poll tax. Any charges not paid under this authority may be added to the tax roll and collected in a like manner. The fees and charges imposed under this part are not appealable to the Local Planning Appeal Tribunal (L.P.A.T., formerly known as the O.M.B.). Section 221 of the previous Municipal Act permitted municipalities to impose charges, by by-law, on owners or occupants of land who would or might derive benefit from the construction of sewage (storm and sanitary) or water works being authorized (in a specific benefit area). For a by-law imposed under this section of the previous Act: Watson & Associates Economists Ltd. PAGE 4-4 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx • A variety of different means could be used to establish the rate and recovery of the costs and could be imposed by a number of methods at the discretion of Council (i.e. lot size, frontage, number of benefiting properties, etc.); • Rates could be imposed with respect to costs of major capital works, even though an immediate benefit was not enjoyed; • Non-abutting owners could be charged; • Recovery was authorized against existing works, where a new water or sewer main was added to such works, "notwithstanding that the capital costs of e xisting works has in whole or in part been paid;” • Charges on individual parcels could be deferred; • Exemptions could be established; • Repayment was secured; and • LPAT approval was not required. While under the new Municipal Act no provisions are provided specific to the previous s.221, the intent to allow capital cost recovery through fees and charges is embraced within s.391. The new Municipal Act also maintains the ability of municipalities to impose capital charges for water and sewer services on landowners not receiving an immediate benefit from the works. Under s.391(2) of the Act, “a fee or charge imposed under subsection (1) for capital costs related to sewage or water services or activities may be imposed on persons not receiving an immediate benefit from the services or activities but who will receive a benefit at some later point in time.” Also, capital charges imposed under s.391 are not appealable to the LPAT on the grounds that the charges are “unfair or unjust.” Section 222 of the previous Municipal Act permitted municipalities to pass a by-law requiring buildings to connect to the municipality's sewer and water systems, charging the owner for the cost of constructing services from the mains to the property line. Under the new Municipal Act, this power still exists under Part II, General Municipal Powers (s.9 (3) b of the Municipal Act). Enforcement and penalties for this use of power are contained in s.427 (1) of the Municipal Act. Under the previous Local Improvement Act: • A variety of different types of works could be undertaken, such as watermain, storm and sanitary sewer projects, supply of electrical light or power, bridge construction, sidewalks, road widening and paving; Watson & Associates Economists Ltd. PAGE 4-5 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx • Council could pass a by-law for undertaking such work on petition of a majority of benefiting taxpayers, on a 2/3 vote of Council and on sanitary grounds, based on the recommendation of the Minister of Health. The by-law was required to go to the LPAT, which might hold hearings and alter the by-law, particularly if there were objections; • The entire cost of a work was assessed only upon the lots abutting directly on the work, according to the extent of their respective frontages, using an equal spe cial rate per metre of frontage; and • As noted, this Act was repealed as of April 1, 2003; however, O.Reg. 119/03 was enacted on April 19, 2003 which restores many of the previous Local Improvement Act provisions; however, the authority is now provided under the Municipal Act. 4.4 Grant Funding Availability Federal Infrastructure Funding Phase 1 (April 1, 2016 to March 31, 2018) Funding was provided by the Government of Canada to expressly help municipalities with repair and rehabilitation projects. Funding was mainly provided through the Clean Water and Wastewater Fund (C.W.W.F.) and Public Transit Infrastructure Fund (P.T.I.F.) in Federal Phase 1 projects. The C.W.W.F. was announced in Ontario on September 15, 2016. The Fund is $1.1 billion for water, wastewater, and storm water systems in Ontario. The federal government provided $569 million and Ontario and municipal governments provided $275 million each. Over 1,300 water, wastewater, and storm water projects have been approved in Ontario through the C.W.W.F. In Ontario, P.T.I.F. accounted for nearly $1.5 billion of the national total of $3.4 billion. The program was allocated by ridership numbers from t he Canadian Urban Transit Association. The Association of Municipalities of Ontario (A.M.O.) understands that $1 billion of Ontario’s share has been appr oved. Phase 2: Next Steps The federal government announced Phase 2 of its infrastructure funding plan with a total of $180 billion spent over 11 years. In addition to the balance of funding for Watson & Associates Economists Ltd. PAGE 4-6 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx previous green, social, and public transit infrastructure funds ($20 billion each, including Phase 1), the government has added $10.1 billion for trade and transp ortation infrastructure and $2 billion for rural and northern communities. This funding must be implemented by agreements with each Province and Territory. In Phase 2, Ontario will be eligible for $11.8 billion including $8.3 billion for transit, $2.8 billion for green infrastructure, $407 million for community, culture and recreation and $250 million for rural and northern communities. Federal Gas Tax The federal Gas Tax is a permanent source of funding provided up front, twice -a-year, to Provinces and Territories, who in turn flow this funding to their municipalities to support local infrastructure priorities. Municipalities can pool, bank and borrow against this funding, providing significant financial flexibility. Every year, the federal Gas Tax provides over $2 billion and supports approximately 2,500 projects in communities across Canada. Each municipality selects how best to direct the funds with the flexibility provided to make strategic investments across 18 different project categories, which include other water and wastewater servicing. Ontario Government The Province has taken steps to increase municipal infrastructure funding. The Ontario Community Infrastructure Fund (O.C.I.F.) was increased in 2016 with formula-based support growing to $200 million, and application funding growing to $100 million annually by 2018/2019. As well, $15 million annually will go to the new Connecting Links program to help pay for the construction and repair costs of municipal roads that connect communities to provincial highways. This is on top of the Building Ontario Up investment of $130 billion in public infrastructure over 10 years starting in 2015. 4.5 Existing Reserves/Reserve Funds The Municipality has established reserves and reserve funds for water and wa stewater costs. The following table summarizes the water and wastewater reserves utilized in this analysis and their respective balances at December 31, 2018 (Note that the Bayham and Richmond water systems share the same capital reserve): Watson & Associates Economists Ltd. PAGE 4-7 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx 4.6 Debenture Financing Although it is not a direct method of minimizing the overall cost to the ratepayer, debentures are used by municipalities to assist in cash flowing large capital expenditures. The Ministry of Municipal Affairs regulates the level of debt incurred by Ontario municipalities, through its powers established under the Municipal Act. Ontario Regulation 403/02 provides the current rules respecting municipal debt and financial obligations. Through the rules established under these regulations, a municipality’s debt capacity is capped at a level where no more than 25% of the municipality’s own purpose revenue may be allotted for servicing the debt (i.e. debt charges). The Municipality of Bayham’s 2018 calculation on Debt Capacity is shown on Schedule 81 of the Municipality’s 2018 recent Financial Information Return (F.I.R.). This calculates to the Municipality’s estimated annual repayment limit of approximately $1.37 million. 4.7 Infrastructure Ontario Infrastructure Ontario (I.O.) is an arms-length crown corporation, which has been set up as a tool to offer low-cost and longer-term financing to assist municipalities in renewing their infrastructure (this corporation has merged the former O.S.I.F.A. into its operations). I.O. combines the infrastructure renewal needs of municipalities into an infrastructure investment “pool.” I.O. will raise investment capital to finance loans to the public sector by selling a new investment product called Infrastructure Renewal Bonds to individual and institutional investors. I.O. provides access to infrastructure capital that would not otherwise be available to smaller borrowers. Larger borrowers receive a longer term on their loans than they could obtain in the financial markets, and can also benefit from significant savings on transaction costs such as legal costs and underwriting commissions. Under the I.O. approach, all borrowers receive the same low interest rate. I.O. will enter into a Reserve Dec. 31 2018 Water Capital Reserve 721,260 Wastewater Capital Reserve Fund 2,732,377 Watson & Associates Economists Ltd. PAGE 4-8 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx financial agreement with each municipality subject to technical and credit reviews, for a loan up to the maximum amount of the loan request. The first round of the former O.S.I.F.A.’s 2004/2005 infrastructure renewal program was focused on municipal priorities of clean water infrastructure, sewage treatment facilities, municipal roads and bridges, public transit and waste management infrastructure. The focus of the program was expanded in 2005/2006 somewhat to include: • clean water infrastructure; • sewage infrastructure; • waste management infrastructure; • municipal roads and bridges; • public transit; • municipal long-term care homes; • renewal of municipal social housing and culture; and • tourism and recreation infrastructure. With the merging of O.S.I.F.A. and I.O., the program was broadened in late 2006 to also include municipal administrative buildings, local police and fire stations, emergency vehicles and equipment, ferries, docks and municipal airports. To be eligible to receive these loans, municipalities must submit a formal application along with pertinent financial information. Allotments are prioritized and distributed based upon the Province’s assessment of need. The analysis provided herein assumes that the Municipality will not require debt financing for the capital projects identified. 4.8 Recommended Capital Financing Approach Of the various funding alternatives provided in this section, the following are recommended for further consideration by the Municipality of Bayham for the capital expenditures (inflated) provided in Chapter 2: Watson & Associates Economists Ltd. PAGE 4-9 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Tables 4-1, 4-2 and 4-3 provide for the full capital expenditure and funding program by year for water (Bayham & Richmond) and wastewater respectively. Bayham Richmond Bayham Water Water Wastewater Capital Financing Provincial/Federal Grants - - - Development Charges Reserve Fund - - - Non-Growth Related Debenture Requirements - - - Growth Related Debenture Requirements - - - Operating Contributions - - - Lifecycle Reserve Fund - - - Water Reserve 145,500 83,000 - Wastewater Reserve - - 1,184,500 Total Capital Financing 145,500 83,000 1,184,500 Description Watson & Associates Economists Ltd. PAGE 4-10 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table 4-1 Capital Budget Forecast – Bayham Water (inflated $) Table 4-2 Capital Budget Forecast – Richmond Water (inflated $) Budget 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Capital Expenditures Air Valves 13,500 14,000 14,000 - - - - - - - - - Pick Up Truck - 44,000 - 21,000 - - - - - 23,000 - - Studies: Water Financial Plan 35,000 39,000 - - - - 39,000 - - - - - Total Capital Expenditures 48,500 97,000 14,000 21,000 - - 39,000 - - 23,000 - - Capital Financing Provincial/Federal Grants - Development Charges Reserve Fund - - - - - - - - - - - - Non-Growth Related Debenture Requirements - - - - - - - - - - - - Growth Related Debenture Requirements - - - - - - - - - - - - Operating Contributions - - - - - - - - - - - - Lifecycle Reserve Fund - - - - - - - - - - - - Water Reserve 48,500 97,000 14,000 21,000 - - 39,000 - - 23,000 - - Total Capital Financing 48,500 97,000 14,000 21,000 - - 39,000 - - 23,000 - - Description ForecastTotal Budget 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Capital Expenditures Equipment - Richmond - 49,000 - - 16,000 16,000 17,000 - - - - - Studies: Richmond Well Review 16,000 18,000 - - - - 18,000 - - - - - Total Capital Expenditures 16,000 67,000 - - 16,000 16,000 35,000 - - - - - Capital Financing Provincial/Federal Grants - Development Charges Reserve Fund - - - - - - - - - - - - Non-Growth Related Debenture Requirements - - - - - - - - - - - - Growth Related Debenture Requirements - - - - - - - - - - - - Operating Contributions - - - - - - - - - - - - Lifecycle Reserve Fund - - - - - - - - - - - - Water Reserve 16,000 67,000 - - 16,000 16,000 35,000 - - - - - Total Capital Financing 16,000 67,000 - - 16,000 16,000 35,000 - - - - - Description Total Forecast Watson & Associates Economists Ltd. PAGE 4-11 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table 4-3 Capital Budget Forecast – Bayham Wastewater (inflated $) Budget 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Capital Expenditures STP Energy Upgrades 282,500 - - - - - - - - - - - Pump Station Check Valves 10,000 20,000 10,000 10,000 - - - - - - - - Pump Equipment 40,000 212,000 41,000 42,000 42,000 43,000 44,000 - - - - - New Pumps 125,000 391,000 128,000 130,000 133,000 - - - - - - - SCADA Packs 60,000 - - - - - - - - - - - Pick Up Truck - 44,000 - 21,000 - - - - - 23,000 - - Total Capital Expenditures 517,500 667,000 179,000 203,000 175,000 43,000 44,000 - - 23,000 - - Capital Financing Provincial/Federal Grants - Development Charges Reserve Fund - - - - - - - - - - - - Non-Growth Related Debenture Requirements - - - - - - - - - - - - Growth Related Debenture Requirements - - - - - - - - - - - - Operating Contributions - - - - - - - - - - - - Lifecycle Reserve Fund - - - - - - - - - - - - Wastewater Reserve 517,500 667,000 179,000 203,000 175,000 43,000 44,000 - - 23,000 - - Total Capital Financing 517,500 667,000 179,000 203,000 175,000 43,000 44,000 - - 23,000 - - Description Total Forecast Watson & Associates Economists Ltd. H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Chapter 5 Overview of Expenditures and Revenues Watson & Associates Economists Ltd. PAGE 5-1 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx 5. Overview of Expenditures and Revenues 5.1 Water Operating Expenditures In this report, the forecast water budget figures (2019 to 2029) are based on the 2019 operating budgets. The costs for each component of the operating budget have been reviewed with staff to establish forecast inflationary adjustments. Most of the expenditures have been assumed to increase at a rate of 2.0% annually. Operating expenditures that involve utilities, fuels, chemicals and hydro have been inflated by 5.0% annually. Water supply of the Bayham System is purchased from th e Port Burwell Secondary system, which draws its water from the Elgin Primary Water System. The forecast for this system is approximately 3.7% annually based on the most recently approved rate forecast for the secondary system. Also included are contributions to reserve funds. 5.2 Water Operating Revenues The Municipality has miscellaneous revenue sources in the Bayham syst em to help contribute towards operating expenditures. Some of these miscellaneous revenues, including water connection charges, water meter charges and penalties have been inflated by 2.0% for each year of the forecast period. The Bayham system also includes a recovery from landowner debenture payments in the amounts of $42,000 for 2019 and 2020. The Richmond system currently has a similar landowner debenture payment recovery ($2,500 per year) in addition to its flat monthly rates. As mentioned in chapter 1, the analysis provided herein calculates a base charge and volumetric rate for the Richmond system as opposed to a flat rate. Table 5-1 provides for the operating budget for the Bayham water system. Table 5-2 provides for the operating budget for the Richmond water system. Watson & Associates Economists Ltd. PAGE 5-2 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table 5-1 Operating Budget Forecast – Bayham Water (inflated $) Budget Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Expenditures Operating Costs Salaries & Wages 65,200 66,504 67,800 69,200 70,600 72,000 73,400 74,900 76,400 77,900 79,500 Statutory Benefits 7,296 7,442 7,600 7,800 8,000 8,200 8,400 8,600 8,800 9,000 9,200 Non-Statutory Benefits 27,851 28,408 29,000 29,600 30,200 30,800 31,400 32,000 32,600 33,300 34,000 One Call Locates 2,500 2,600 2,700 2,800 2,900 3,000 3,100 3,200 3,300 3,400 3,500 Supplies 2,500 2,600 2,700 2,800 2,900 3,000 3,200 3,400 3,600 3,800 4,000 Tools and Equipment 650 675 700 700 700 700 700 700 700 700 700 Lab Fees 5,500 5,800 5,900 6,000 6,100 6,200 6,300 6,400 6,500 6,600 6,700 Utilities 2,467 2,541 2,700 2,800 2,900 3,000 3,200 3,400 3,600 3,800 4,000 Association Fees 900 950 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 Auditing Fees 3,900 4,000 4,100 4,200 4,300 4,400 4,500 4,600 4,700 4,800 4,900 System Maintenance 12,000 14,000 14,300 14,600 14,900 15,200 15,500 15,800 16,100 16,400 16,700 Vehicle Maintenance 700 775 800 800 800 800 800 800 800 800 800 Insurance 830 872 900 900 900 900 900 900 900 900 900 Legal Fees 500 550 600 600 600 600 600 600 600 600 600 Truck water distribution 4,590 4,700 4,800 4,900 5,000 5,100 5,200 5,300 5,400 5,500 5,600 Training & Education 2,500 2,600 2,700 2,800 2,900 3,000 3,100 3,200 3,300 3,400 3,500 Licenses 501 151 200 200 200 200 200 200 200 200 200 Conference & Seminars 2,400 2,500 2,600 2,700 2,800 2,900 3,000 3,100 3,200 3,300 3,400 Telephone 2,300 2,400 2,400 2,400 2,400 2,400 2,400 2,400 2,400 2,400 2,400 Sundry 100 100 100 100 100 100 100 100 100 100 100 Water Quality Management 4,400 4,500 4,600 4,700 4,800 4,900 5,000 5,100 5,200 5,300 5,400 Primary and Secondary Water System Costs 458,598 478,433 499,615 521,018 543,557 567,051 591,539 617,063 643,665 671,392 700,289 Administrative Overhead 5,700 5,750 5,900 6,000 6,100 6,200 6,300 6,400 6,500 6,600 6,700 Water adjustments 4,300 4,350 4,400 4,500 4,600 4,700 4,800 4,900 5,000 5,100 5,200 - - - - - - - - - Sub Total Operating 618,183 643,201 668,115 693,118 719,257 746,351 774,639 804,063 834,565 866,292 899,289 Capital-Related Existing Debt (Principal) - Growth Related Existing Debt (Interest) - Growth Related New Growth Related Debt (Principal)- - - - - - - - - - New Growth Related Debt (Interest)- - - - - - - - - - Existing Debt (Principal) - Non-Growth Related Existing Debt (Interest) - Non-Growth Related New Non-Growth Related Debt (Principal)- - - - - - - - - - New Non-Growth Related Debt (Interest)- - - - - - - - - - Transfer to Capital - - - - - - - - - - - Transfer to Capital Reserve 127,766 119,266 71,342 65,602 58,903 51,526 43,232 35,509 27,006 17,477 6,978 Sub Total Capital Related 127,766 119,266 71,342 65,602 58,903 51,526 43,232 35,509 27,006 17,477 6,978 Total Expenditures 745,949 762,467 739,457 758,720 778,160 797,876 817,871 839,572 861,571 883,769 906,268 Revenues Base Charge 125,892 128,900 132,250 135,729 139,241 142,885 146,664 150,478 154,428 158,414 162,540 Water Meters 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 Water Connection Chgs 6,000 5,585 5,585 5,585 5,585 5,585 5,585 5,585 5,585 5,585 5,585 Water Services Permit fee 300 400 410 420 430 440 450 460 470 480 490 Water Penalties 15,000 15,000 15,300 15,600 15,900 16,200 16,500 16,800 17,100 17,400 17,700 Landowners Debenture Payments 42,000 42,000 - - - - - - - - - Sundry - - - - - - - - - - - Other Revenue - - - - - - - - - - Contributions from Development Charges Reserve Fund - - - - - - - - - - - Contributions from Reserves / Reserve Funds - - - - - - - - - - - Total Operating Revenue 191,192 193,885 155,545 159,334 163,156 167,110 171,199 175,323 179,583 183,879 188,315 Water Billing Recovery - Total 554,757 568,582 583,912 599,386 615,004 630,766 646,672 664,249 681,988 699,890 717,953 Forecast Watson & Associates Economists Ltd. PAGE 5-3 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table 5-2 Operating Budget Forecast – Richmond Water (inflated $) Budget Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Expenditures Operating Costs Richmond Water Salary & Wages 30,500 30,870 31,490 32,120 32,760 33,420 34,090 34,770 35,470 36,180 36,900 Richmond Water Statutory Benefits 2,420 2,470 2,520 2,570 2,620 2,670 2,720 2,770 2,830 2,890 2,950 Richmond Water Non-Statutory Benefits 1,365 1,390 1,420 1,450 1,480 1,510 1,540 1,570 1,600 1,630 1,660 One Call Locates 550 580 590 600 610 620 630 640 650 660 670 Source Water Protection 3,500 3,500 3,570 3,640 3,710 3,780 3,860 3,940 4,020 4,100 4,180 Richmond Water Supplies 3,400 3,400 3,570 3,750 3,940 4,140 4,350 4,570 4,800 5,040 5,290 Tools and Equipment 300 330 340 350 360 370 380 390 400 410 420 Richmond Water Lab fees 4,600 4,750 4,850 4,950 5,050 5,150 5,250 5,360 5,470 5,580 5,690 Richmond Water Utilities 4,774 4,920 5,170 5,430 5,700 5,990 6,290 6,600 6,930 7,280 7,640 Property Taxes 2,000 2,100 2,140 2,180 2,220 2,260 2,310 2,360 2,410 2,460 2,510 Association Fees 250 280 290 300 310 320 330 340 350 360 370 Water Quality Management 2,800 2,900 2,960 3,020 3,080 3,140 3,200 3,260 3,330 3,400 3,470 Richmond Water System Maintenance 2,300 2,400 2,450 2,500 2,550 2,600 2,650 2,700 2,750 2,810 2,870 Equipment Maintenance 3,000 3,100 3,160 3,220 3,280 3,350 3,420 3,490 3,560 3,630 3,700 Vehicle Maintenance 300 350 360 370 380 390 400 410 420 430 440 Truck Richmond 3,152 3,210 3,270 3,340 3,410 3,480 3,550 3,620 3,690 3,760 3,840 Training & Education 800 1,000 1,020 1,040 1,060 1,080 1,100 1,120 1,140 1,160 1,180 Licenses 450 - - - - - - - - - - Conferences & Seminars 600 700 710 720 730 740 750 770 790 810 830 Richmond Water Amtelecom 1,400 1,450 1,480 1,510 1,540 1,570 1,600 1,630 1,660 1,690 1,720 Administrative Overhead - - - - - - - - - - - - - - - - - - - - - Sub Total Operating 68,461 69,700 71,360 73,060 74,790 76,580 78,420 80,310 82,270 84,280 86,330 Capital-Related Existing Debt (Principal) - Growth Related Existing Debt (Interest) - Growth Related New Growth Related Debt (Principal)- - - - - - - - - - New Growth Related Debt (Interest)- - - - - - - - - - Existing Debt (Principal) - Non-Growth Related Existing Debt (Interest) - Non-Growth Related New Non-Growth Related Debt (Principal)- - - - - - - - - - New Non-Growth Related Debt (Interest)- - - - - - - - - - Transfer to Capital - - - - - - - - - - - Transfer to Capital Reserve 7,730 8,013 7,885 7,731 7,560 7,343 7,097 6,917 6,681 6,415 6,123 Sub Total Capital Related 7,730 8,013 7,885 7,731 7,560 7,343 7,097 6,917 6,681 6,415 6,123 Total Expenditures 76,191 77,713 79,245 80,791 82,350 83,923 85,517 87,227 88,951 90,695 92,453 Revenues Base Charge Revenue 34,911 35,609 36,320 37,045 37,784 38,537 39,309 40,096 40,896 41,717 42,552 Landowner Debenture Payments 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 Source Water Revenue - - - - - - - - - - - Other Revenue - - - - - - - - - - Contributions from Development Charges Reserve Fund - - - - - - - - - - - Contributions from Reserves / Reserve Funds - - - - - - - - - - - Total Operating Revenue 37,411 38,109 38,820 39,545 40,284 41,037 41,809 42,596 43,396 44,217 45,052 Water Billing Recovery - Total 38,779 39,604 40,424 41,245 42,066 42,887 43,708 44,631 45,554 46,478 47,401 Forecast Watson & Associates Economists Ltd. PAGE 5-4 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx 5.3 Wastewater Operating Expenditures The wastewater operating expenditures have been adjusted over th e forecast period by an annual inflationary factor of 2.0%. Operating expenditures that involve utilities, fuels, chemicals and hydro have been inflated by 5 .0% annually. Also included are contributions to the capital reserve. 5.4 Wastewater Operating Revenues The Municipality has miscellaneous revenue sources in the Bayham system to help contribute towards operating expenditures. Some of these miscellaneous revenues include sundry revenues, sewer connection charges, penalties, and a recovery from landowner debenture payments, which have been continued for each year of the forecast period. Table 5-3 outlines the operating budget for the Bayham wastewater system. Watson & Associates Economists Ltd. PAGE 5-5 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table 5-3 Operating Budget Forecast – Bayham Wastewater (inflated $) Budget Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Expenditures Expenditures- Administrative Salaries & Wages 218,611 222,983 227,400 231,900 236,500 241,200 246,000 250,900 255,900 261,000 266,200 Statutory Benefits 21,000 21,420 21,800 22,200 22,600 23,100 23,600 24,100 24,600 25,100 25,600 Non Statutory Benefits 25,000 25,500 26,000 26,500 27,000 27,500 28,100 28,700 29,300 29,900 30,500 Clothing Allowance 806 856 900 900 900 900 900 900 900 900 900 Man Hours One Call 4,100 4,182 4,300 4,400 4,500 4,600 4,700 4,800 4,900 5,000 5,100 Advertising - - - - - - - - - - - Association & Mem Fees 625 675 700 700 700 700 700 700 700 700 700 Auditing Fees 3,900 3,975 4,100 4,200 4,300 4,400 4,500 4,600 4,700 4,800 4,900 Insurance 6,945 7,292 7,400 7,500 7,700 7,900 8,100 8,300 8,500 8,700 8,900 Training & Education 3,300 3,500 3,600 3,700 3,800 3,900 4,000 4,100 4,200 4,300 4,400 Licences 300 325 300 300 300 300 300 300 300 300 300 Conferences & Seminars 3,400 3,500 3,600 3,700 3,800 3,900 4,000 4,100 4,200 4,300 4,400 Travel 300 325 300 300 300 300 300 300 300 300 300 Telephone & Internet 7,800 8,025 8,200 8,400 8,600 8,800 9,000 9,200 9,400 9,600 9,800 Sundry 100 100 100 100 100 100 100 100 100 100 100 Administrative Overhead 10,000 10,750 11,000 11,200 11,400 11,600 11,800 12,000 12,200 12,400 12,600 Writeoffs - - - - - - - - - - - Expenditures-Treatment Plant Lab Fees 11,000 11,550 11,800 12,000 12,200 12,400 12,600 12,900 13,200 13,500 13,800 Chemicals 8,200 9,000 9,500 10,000 10,500 11,000 11,600 12,200 12,800 13,400 14,100 Utilities Plant 89,250 91,928 96,500 101,300 106,400 111,700 117,300 123,200 129,400 135,900 142,700 Supplies - Plant 2,000 2,500 2,600 2,700 2,800 2,900 3,000 3,200 3,400 3,600 3,800 Property taxes 5,200 5,300 5,400 5,500 5,600 5,700 5,800 5,900 6,000 6,100 6,200 Building/Plant Maintenance 9,000 9,000 9,200 9,400 9,600 9,800 10,000 10,200 10,400 10,600 10,800 Equipment Mtce - Plant 16,500 17,000 17,300 17,600 18,000 18,400 18,800 19,200 19,600 20,000 20,400 Grounds Maintenance 2,800 2,900 3,000 3,100 3,200 3,300 3,400 3,500 3,600 3,700 3,800 Sludge Haulage/Disposal 18,000 18,750 19,100 19,500 19,900 20,300 20,700 21,100 21,500 21,900 22,300 Odour Control (septage)- - - - - - - - - - - Expenditures-Collection System Trucks 3,500 3,650 3,700 3,800 3,900 4,000 4,100 4,200 4,300 4,400 4,500 Supplies - Collection 1,300 1,500 1,600 1,700 1,800 1,900 2,000 2,100 2,200 2,300 2,400 Utilities-Collection System 31,827 32,250 33,900 35,600 37,400 39,300 41,300 43,400 45,600 47,900 50,300 Odour Control 27,000 27,750 28,300 28,900 29,500 30,100 30,700 31,300 31,900 32,500 33,200 System Maintenance 26,000 27,000 27,500 28,100 28,700 29,300 29,900 30,500 31,100 31,700 32,300 Vehicle Maintenance 1,600 1,750 1,800 1,800 1,800 1,800 1,800 1,800 1,800 1,800 1,800 Sub Total Operating 559,364 575,236 590,900 607,000 623,800 641,100 659,100 677,800 697,000 716,700 737,100 Capital-Related Existing Debt (Principal) - Growth Related Existing Debt (Interest) - Growth Related New Growth Related Debt (Principal)- - - - - - - - - - New Growth Related Debt (Interest)- - - - - - - - - - Existing Debt (Principal) - Non-Growth Related Existing Debt (Interest) - Non-Growth Related New Non-Growth Related Debt (Principal)- - - - - - - - - - New Non-Growth Related Debt (Interest)- - - - - - - - - - Transfer to Capital - - - - - - - - - - - Transfer to Capital Reserve 335,800 322,751 318,973 314,828 310,200 305,142 299,605 293,591 287,149 280,432 273,088 Sub Total Capital Related 335,800 322,751 318,973 314,828 310,200 305,142 299,605 293,591 287,149 280,432 273,088 Total Expenditures 895,164 897,988 909,873 921,828 934,000 946,242 958,705 971,391 984,149 997,132 1,010,188 Forecast Watson & Associates Economists Ltd. PAGE 5-6 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Figure 5-3 (Cont’d) Operating Budget Forecast – Bayham Wastewater (inflated $) Budget Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Revenues Flat Rate Revenue Sundry Revenue 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 Sewer Connection Charges 10,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 Sewer Penalties 4,500 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 Landowner Debenture Payments 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 Other Revenue - - - - - - - - - Contributions from Development Charges Reserve Fund - - - - - - - - - - - Contributions from Reserves / Reserve Funds - - - - - - - - - - - Total Operating Revenue 65,700 58,200 58,200 58,200 58,200 58,200 58,200 58,200 58,200 58,200 58,200 Wastewater Billing Recovery - Total 829,464 839,788 851,673 863,628 875,800 888,042 900,505 913,191 925,949 938,932 951,988 Forecast Watson & Associates Economists Ltd. H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Chapter 6 Pricing Structures Watson & Associates Economists Ltd. PAGE 6-1 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx 6. Pricing Structures 6.1 Introduction Rates, in their simplest form, can be defined as total costs to maintain the utility function divided by the total expected volume to be generated for the period. Total costs are usually a combination of operating costs (e.g. staff costs, distribution costs, maintenance, administration, etc.) and capital-related costs (e.g. past debt to finance capital projects, transfers to reserves to finance future expenditures, etc.). The schematic below provides a simplified illustration of the rate calculation for water. “Annual Costs” Operations - Staff costs - Distribution costs - Maintenance - Meter reading and billing, etc. Capital Related - Past debt - Contributions to reserves - Contribution to capital Total Costs Volume Rate These operating and capital expenditures will vary over time. Examples of factors that will affect the expenditures over time are provided below. Operations • Inflation; Watson & Associates Economists Ltd. PAGE 6-2 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx • Increased maintenance as system ages; and • Changes to provincial legislation. Capital Related • New capital will be built as areas expand; • Replacement capital needed as system ages; and • Financing of capital costs are a function of policy regarding reserves and direct financing from rates (pay as you go), debt and user pay methods (development charges, Municipal Act). 6.2 Alternative Pricing Structures Throughout Ontario, and as well, Canada, the use of pricing mechanisms varies between municipalities. The use of a particular form of pricing depends upon numerous factors, including Council preference, administrative structure, surplus/deficit system capacities, economic/demographic conditions, to name a few. Municipalities within Ontario have two basic forms of collecting revenues for water purposes, those being through incorporation of the costs within the tax rate charged on property assessment and/or through the establishment of a sp ecific water rate billed to the customer. Within the rate methods, there are f ive basic rate structures employed along with other variations: • Flat Rate (non-metered customers); • Constant Rate; • Declining Block Rate; • Increasing (or Inverted) Block Rate; • Hump Back Block Rate; and • Base Charges. The definitions and general application of the various methods are as follows: Property Assessment: This method incorporates the total costs of providing water into the general requisition or the assessment base of the municipality. This form of collection is a "wealth tax," as payment increases directly with the value of property owned and bears no necessary relationship to actual consumption. This form is easy to Watson & Associates Economists Ltd. PAGE 6-3 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx administer as the costs to be recovered are incorporated in the calculation for all general services, normally collected through property taxes. Flat Rate: This rate is a constant charge applicable to all customers served. The charge is calculated by dividing the total number of user households and other entities (e.g. businesses) into the costs to be recovered. This method does not recognize differences in actual consumption but provides for a uniform spreading of costs across all users. Some municipalities define users into different classes of similar consumption patterns, that is, a commercial user, residential user and industrial user, and charge a flat rate by class. Each user is then billed on a periodic basis. No meters are required to facilitate this method, but an accurate estimate of the number of users is required. This method ensures set revenue for the collection period but is not sensitive to consumption, hence may cause a shortfall or surplus of revenues collected. Constant Rate: This rate is a volume-based rate, in which the consumer pays the same price per unit consumed, regardless of the volume. The price per unit is calculated by dividing the total cost of the service by the total volume used by total consumers. The bill to the consumer climbs uniformly as the consumption increase s. This form of rate requires the use of meters to record the volume consumed by each user. This method closely aligns the revenue recovery with consumption. Revenue collected varies directly with the consumption volume. Declining Block Rates: This rate structure charges a successively lower price for set volumes, as consumption increases through a series of "blocks." That is to say that within set volume ranges, or blocks, the charge per unit is set at one rate. Within the next volume range, the charge per unit decreases to a lower rate, and so on. Typically, the first, or first and second blocks cover residential and light commercial uses. Subsequent blocks normally are used for heavier commercial and industrial uses. This rate structure requires the use of meters to record the volume consumed by each type of user. This method requires the collection and analysis of consumption patterns by user classification to establish rates at a level which does not over or under collect revenue from rate payers. Increasing or Inverted Block Rates: The increasing block rate works essentially the same way as the declining block rate, except that the price of water in successive blocks increases rather than declines. Under this method the consumer's bill rises faster with higher volumes used. This rate structure also requires the use of meters to Watson & Associates Economists Ltd. PAGE 6-4 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx record the volume consumed by each user. This method requires, as with the declining block structure, the collection and analysis of consumption patterns by user classification to establish rates at a level which does not over or under collect from rate payers. The Hump Back Rate: The hump back rate is a combination of an increasing block rate and the declining block rate. Under this method the consumer’s bill rises with higher volumes used up to a certain level and then begins to fall for volumes in excess of levels set for the increasing block rate. 6.3 Assessment of Alternative Pricing Structures The adoption by a municipality or utility of any one particular pricing structure is normally a function of a variety of administrative, social, demographic and financial factors. The number of factors, and the weighting each particular factor receives, can vary between municipalities. The following is a review of some of the more prevalent factors. Cost Recovery Cost recovery is a prime factor in establishing a particular pricing structure. Costs can be loosely defined into different categories: operations, maintenance, capital, financing and administration. These costs often vary between municipalities and even within a municipality, based on consumption patterns, infrastructure age, economic growth, etc. The pricing alternatives defined earlier can all achieve the cost recovery goal, but some do so more precisely than others. Fixed pricing structures, such as Property Assessment and Flat Rate, are established on the value of property or on the number of units present in the municipality, but do not adjust in accordance with consumption. Thus, if actual consumption for the year is greater than projected, the municipality incurs a higher cost of production, but the revenue base remains static (since it was determined at the beginning of the year), thus potentially providing a funding shortfall. Conversely, if the consumption level declines below projections, fixed pricing structures will produce more revenue than actual costs incurred. Watson & Associates Economists Ltd. PAGE 6-5 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx The other pricing methods (declining block, constant rate, increasing block) are consumption-based and generally will generate revenues in proportion to actual consumption. Administration Administration is defined herein as the staffing, equipment and supplies required to support the undertaking of a particular pricing strategy. This factor not only addresses the physical tangible requirements to support the collection of the revenues, but also the intangible requirements, such as policy developme nt. The easiest pricing structure to support is the Property Assessment structure. As municipalities undertake the process of calculating property tax bills and the collection process for their general services, the incorporation of the water costs into this calculation would have virtually no impact on the administrative process and structure. The Flat Rate pricing structure is relatively easy to administer as well. It is normally calculated to collect a set amount, either on a monthly, quarterly, semi-annual or annual basis, and is billed directly to the customer. The impact on administration centres mostly on the accounts receivable or billing area of the municipality, but normally requires minor additional staff or operating costs to undertake. The three remaining methods, those being Increasing Block Rate, Constant Rate and Declining Block Rate, have a more dramatic effect on administration. These methods are dependent upon actual consumption and hence involve a major structure in place to administer. First, meters must be installed in all existing units in the municipality, and units to be subsequently built must be required to include these meters. Second, meter readings must be undertaken periodically. Hence staff must be available for this purpose or a service contract must be negotiated. Third, the billings process must be expanded to accommodate this process. Billing must be done per a defined period, requiring staff to produce the bills. Lastly, either through increased staffing or by se rvice contract, an annual maintenance program must be set up to ensure meters are working effectively in recording consumed volumes. The benefit derived from the installation of meters is that information on consumption patterns becomes available. This information provides benefit to administration in calculating rates which will ensure revenue recovery. Additionally, when planning what services are to be constructed in future years, the municipality or utility has documented Watson & Associates Economists Ltd. PAGE 6-6 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx consumption patterns distinctive to its own situation, which can be used to project sizing of growth-related works. Equity Equity is always a consideration in the establishment of pricing structures but its definition can vary depending on a municipality's circumstances and based on the subjective interpretation of those involved. For example: is the price charged to a particular class of rate payer consistent with those of a similar class in surrounding municipalities; through the pricing structure does one class of rate payer pay more than another class; should one pay based on ability to pay, or on the basis that a unit of water costs the same to supply no matter who consumes it; etc.? There are many interpretations. Equity therefore must be viewed broadly in light of many fact ors as part of achieving what is best for the municipality as a whole. Conservation In today's society, conservation of natural resources is increasingly being more highly valued. Controversy continuously focuses on the preservation of non-renewable resources and on the proper management of renewable resources. Conservation is also a concept which applies to a municipality facing physical limitations in the amount of water which can be supplied to an area. As well, financial constraints can encourage conservation in a municipality where the cost of providing each additional unit is increasing. Pricing structures such as property assessment and flat rate do not, in themselves, encourage conservation. In fact, depending on the price which is charged, they may even encourage resource "squandering," either because consumers, without the price discipline, consume water at will, or the customer wants to get his money's worth and hence adopts more liberal consumption patterns. The fundamental reason for this is that the price paid for the service bears no direct relationship to the volume consumed and hence is viewed as a "tax," instead of being viewed as the price of a purchased commodity. The Declining Block Rate provides a decreasing incentive towards conservation. By creating awareness of volumes consumed, the consumer can reduce his total costs by restricting consumption; however, the incentive lessens as more water is consumed, because the marginal cost per unit declines as the consumer enters the next blo ck Watson & Associates Economists Ltd. PAGE 6-7 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx pricing range. Similarly, those whose consumption level is at the top end of a block have less incentive to reduce consumption. The Constant Rate structure presents the customer with a linear relationship between consumption and the cost thereof. As the consumer pays a fixed cost per unit, his bill will vary directly with the amount consumed. This method presents tangible incentive for consumers to conserve water. As metering provides direct feedback as to usage patterns and the consumer has direct control over the total amount paid for the commodity, the consumer is encouraged to use only those volumes that are reasonably required. The Inverted Block method presents the most effective pricing method for encouraging conservation. Through this method, the price per unit consumed increases as total volumes consumed grow. The consumer becomes aware of consumption through metering with the charges increasing dramatically with usage. Hence, there normally is awareness that exercising control over usage can produce significant savings. This method not only encourages conservation methods, but may also penalize legitimate high-volume users if not properly structured. Figure 6-1 provides a schematic representation of the various rate structures (note property tax as a basis for revenue recovery has not been presented for comparison, as the proportion of taxes paid varies in direct proportion to the market value of the property). The graphs on the left-hand side of the figure present the cost per unit for each additional amount of water consumed. The right-hand side of the figure presents the impact on the customer's bill as the volume of water increases. Following the schematic is a table summarizing each rate structure. Watson & Associates Economists Ltd. PAGE 6-8 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Figure 6-1 "Rate Structure""Impact on Individual Customer" Flat Rate:Cost Per UnitTotal Bill ChargedVolume Volume Constant Rate:Cost Per UnitTotal Bill ChargedVolume Volume Declining Block Rate:Cost Per UnitTotal Bill ChargedVolume Volume Increasing Block Rate:Cost Per UnitTotal Bill ChargedVolume Volume Hump Back Rate:Cost Per UnitTotal Bill ChargedVolume Volume FIGURE 6-1 WATER RATE PRICING CONCEPTS Watson & Associates Economists Ltd. PAGE 6-9 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx 6.4 Rate Structures in Ontario In a past survey of over 170 municipalities (approximately half of the municipalities who provide water and/or sewer), all forms of rate structures are in use by Ontario municipalities. The most common rate structure is the constant rate (for metered municipalities). Most municipalities (approximately 92%) who have volume rate structures also impose a base monthly charge. Historically, the development of a base charge often reflected either the recovery of meter reading/billing/collection costs, plus administration or those costs plus certain fixed costs (such as capital contributions or reserve contributions). More recently, many municipalities have started to establish base charges based on ensuring a secure portion of the revenue stream which does not vary with volume consumption. Selection of the quantum of the base charge is a matter of policy selected by individual municipalities. RATE STRUCTURE COST PER UNIT AS VOLUME CONSUMPTION INCREASES IMPACT ON CUSTOMER BILL AS VOLUME CONSUMPTION INCREASES Flat Rate Cost per unit decreases as more volume consumed Bill remains the same no matter how much volume is consumed Constant Rate Cost per unit remains the same Bill increases in direct proportion to consumption Declining Block Cost per unit decreases as threshold targets are achieved Bill increases at a slower rate as volumes increases Increasing Block Cost per unit increases as threshold targets are achieved Bill increases at a faster rate as volumes increase Hump Back Rate Combination of an increasing block at the lower consumption volumes and then converts to a declining block for the high consumption Bill increases at a faster rate at the lower consumption amounts and then slows as volumes increase Watson & Associates Economists Ltd. PAGE 6-10 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx 6.5 Recommended Rate Structures Based on the foregoing, it is recommended that the same rate structures be continued for the Bayham water and wastewater systems, while the Richmond water system be converted from a flat rate structure to a base charge and volumetric rate recovery. For the Bayham water system, the base charges are calculated to increase by 2% per year over the forecast period. The volume rates (as calculated in Chapter 7) are also anticipated to increase at 2% per year from 201 9 to 2029. The forecasted base charges are presented in Table 6-1. For the Richmond water system, the current flat rates have been recalculated to a base charge and volumetric rate based on an assumed usage of 180 m3 per year (similar to the Bayham system). The calculated base charges for 2019 are $51.04 per month in order to generate a volumetric rate equal to the Bayham water system ($3.78 per m3). The base charges are then forecasted to increase by 2% per year over the forecast period. The volume rates (as calculated in Chapter 7) are also anticipated to increase at 2% per year from 2019 to 2029. The forecasted base charges are presented in Table 6-2. As for wastewater, it is recommended that the current flat rates be continued over the forecast period. Based on the requirements of the operating and capital program provided by staff, the flat rates (calculated in Chapter 7) are anticipated to increase by 1% per year from 2019 to 2029. The forecasted flat rates are provided in Table 6-3. Watson & Associates Economists Ltd. PAGE 6-11 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table 6-1 Base Charge Forecast – Bayham Water Table 6-2 Base Charge Forecast – Richmond Water Table 6-3 Flat Rate Forecast – Wastewater Water 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Existing 812 812 812 812 812 812 812 812 812 812 812 New - 3 8 13 18 23 28 33 38 43 48 Total Customers 812 815 820 825 830 835 840 845 850 855 860 Total Annual Revenue $125,892 $128,900 $132,250 $135,729 $139,241 $142,885 $146,664 $150,478 $154,428 $158,414 $162,540 All Meters Meter Size 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Existing 812 812 812 812 812 812 812 812 812 812 812 New 0 3 8 13 18 23 28 33 38 43 48 Subtotal Customers 812 815 820 825 830 835 840 845 850 855 860 Monthly Base Charge $12.92 $13.18 $13.44 $13.71 $13.98 $14.26 $14.55 $14.84 $15.14 $15.44 $15.75 Annual Base Charge $155.04 $158.16 $161.28 $164.52 $167.76 $171.12 $174.60 $178.08 $181.68 $185.28 $189.00 Total Annual Revenue $125,892 $128,900 $132,250 $135,729 $139,241 $142,885 $146,664 $150,478 $154,428 $158,414 $162,540 Water 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Existing 57 57 57 57 57 57 57 57 57 57 57 New - - - - - - - - - - - Total Customers 57 57 57 57 57 57 57 57 57 57 57 Total Annual Revenue $34,911 $35,609 $36,320 $37,045 $37,784 $38,537 $39,309 $40,096 $40,896 $41,717 $42,552 All Meters Meter Size 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Existing 57 57 57 57 57 57 57 57 57 57 57 New 0 0 0 0 0 0 0 0 0 0 0 Subtotal Customers 57 57 57 57 57 57 57 57 57 57 57 Monthly Base Charge $51.04 $52.06 $53.10 $54.16 $55.24 $56.34 $57.47 $58.62 $59.79 $60.99 $62.21 Annual Base Charge $612.48 $624.72 $637.20 $649.92 $662.88 $676.08 $689.64 $703.44 $717.48 $731.88 $746.52 Total Annual Revenue $34,911 $35,609 $36,320 $37,045 $37,784 $38,537 $39,309 $40,096 $40,896 $41,717 $42,552 Wastewater 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Existing 1,233 1,233 1,233 1,233 1,233 1,233 1,233 1,233 1,233 1,233 1,233 New - 3 8 13 18 23 28 33 38 43 48 Subtotal Customers 1,233 1,236 1,241 1,246 1,251 1,256 1,261 1,266 1,271 1,276 1,281 Total Annual Revenue $829,464 $839,788 $851,673 $863,628 $875,800 $888,042 $900,505 $913,191 $925,949 $938,932 $951,988 Charge per Month 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Existing 1,233 1,233 1,233 1,233 1,233 1,233 1,233 1,233 1,233 1,233 1,233 New 0 3 8 13 18 23 28 33 38 43 48 Subtotal Customers 1,233 1,236 1,241 1,246 1,251 1,256 1,261 1,266 1,271 1,276 1,281 Monthly Flat Rate $56.06 $56.62 $57.19 $57.76 $58.34 $58.92 $59.51 $60.11 $60.71 $61.32 $61.93 Annual Flat Rate $672.72 $679.44 $686.28 $693.12 $700.08 $707.04 $714.12 $721.32 $728.52 $735.84 $743.16 Total Annual Revenue $829,464 $839,788 $851,673 $863,628 $875,800 $888,042 $900,505 $913,191 $925,949 $938,932 $951,988 Watson & Associates Economists Ltd. H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Chapter 7 Analysis of Water and Wastewater Rates and Policy Matters Watson & Associates Economists Ltd. PAGE 7-1 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx 7. Analysis of Water and Wastewater Rates and Policy Matters 7.1 Introduction To summarize the analysis undertaken thus far, Chapter 2 reviewed capital -related issues and responds to the provincial directives to maintain and upgrade infrastructure to required levels. Chapter 4 provided a review of capital financing options to which water and wastewater reserve contributions will be the predominant basis for financing future capital replacement. Chapter 5 established the 10 -year operating forecast of expenditures including an annual capital reserve contribution. The base charge revenues (including the flat rates identified in Chapter 6) are to ensure that fixed costs are recovered regardless of the amount of volume used by customers. This chapter will provide for the calculation of the volume rates over the forecast period. These calculations will be based on the net operating expenditures (the variable costs) provided in Chapter 5, divided by the water consumption forecast and wastewater volumes provided in section 1.8. 7.2 Water Rates Based on the discussion of rate structures provided in section 6.5 and the recommendation to continue with the present structures, the rates are calculated by taking the net recoverable amounts from Tables 5-1 and 5-2 (the product of total expenditures plus lifecycle costs less non-rate revenues and deduct the base charge amounts provided in section 6.5 for both the Bayham and Richmond systems) and completes the calculation by dividing them by the volumes resulting in the for ecasted rates. Detailed calculations of the volume rates are provided in Appendix C for the Bayham water system and Appendix D for the Richmond water system. A summary of the recommended base charge and volume rates for the two systems, along with the total annual bill for an average residential user who consumes 180 m3 per year are presented in Tables 7-1 and 7-2. Watson & Associates Economists Ltd. PAGE 7-2 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table 7-1 Bayham Water Bill Forecast Table 7-2 Richmond Water Bill Forecast 7.3 Wastewater Rates Similar to water, the calculation of the wastewater flat rates take the net recoverable amounts from Table 5-3 and completes the calculation by dividing them by the volumes, resulting in the forecast flat rates. Detailed calculations are provided in Appendix E. Table 7-3 summarizes the recommended flat rates for wastewater and provides the average annual bill for a residential customer. Table 7-3 Bayham Wastewater Bill Forecast Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Monthly Base Charge $12.92 $13.18 $13.44 $13.71 $13.98 $14.26 $14.55 $14.84 $15.14 $15.44 $15.75 Annual Base Rate Bill $155.04 $158.16 $161.28 $164.52 $167.76 $171.12 $174.60 $178.08 $181.68 $185.28 $189.00 Constant Rate $3.78 $3.86 $3.94 $4.02 $4.10 $4.18 $4.26 $4.35 $4.44 $4.53 $4.62 Annual Volume 180 180 180 180 180 180 180 180 180 180 180 Annual Volume Bill $680.40 $694.80 $709.20 $723.60 $738.00 $752.40 $766.80 $783.00 $799.20 $815.40 $831.60 Total Annual Bill $835.44 $852.96 $870.48 $888.12 $905.76 $923.52 $941.40 $961.08 $980.88 $1,000.68 $1,020.60 % Increase - Base Rate 2%2%2%2%2%2%2%2%2%2% % Increase - Volume Rate 2%2%2%2%2%2%2%2%2%2% % Increase - Total Annual Bill 2%2%2%2%2%2%2%2%2%2% Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Monthly Base Charge $51.04 $52.06 $53.10 $54.16 $55.24 $56.34 $57.47 $58.62 $59.79 $60.99 $62.21 Annual Base Rate Bill $612.48 $624.72 $637.20 $649.92 $662.88 $676.08 $689.64 $703.44 $717.48 $731.88 $746.52 Constant Rate $3.78 $3.86 $3.94 $4.02 $4.10 $4.18 $4.26 $4.35 $4.44 $4.53 $4.62 Annual Volume 180 180 180 180 180 180 180 180 180 180 180 Annual Volume Bill $680.34 $694.80 $709.20 $723.60 $738.00 $752.40 $766.80 $783.00 $799.20 $815.40 $831.60 Total Annual Bill $1,292.82 $1,319.52 $1,346.40 $1,373.52 $1,400.88 $1,428.48 $1,456.44 $1,486.44 $1,516.68 $1,547.28 $1,578.12 % Increase - Base Rate 2%2%2%2%2%2%2%2%2%2% % Increase - Volume Rate 2%2%2%2%2%2%2%2%2%2% % Increase - Total Annual Bill 2%2%2%2%2%2%2%2%2%2% Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Monthly Flat Rate $56.06 $56.62 $57.19 $57.76 $58.34 $58.92 $59.51 $60.11 $60.71 $61.32 $61.93 Annual Flat Rate Rate Bill $672.72 $679.44 $686.28 $693.12 $700.08 $707.04 $714.12 $721.32 $728.52 $735.84 $743.16 Total Annual Bill $672.72 $679.44 $686.28 $693.12 $700.08 $707.04 $714.12 $721.32 $728.52 $735.84 $743.16 % Increase - Total Annual Bill 1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0%1.0% Watson & Associates Economists Ltd. H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Chapter 8 Recommendations Watson & Associates Economists Ltd. PAGE 8-1 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx 8. Recommendations As presented within this report, capital and operating expenditures have been identified and forecast the 2019 -2029 period for Bayham water, Richmond water, and wastewater services. Based upon the foregoing, the following recommendations are identified fo r consideration by Municipal Council: 1. That Council provide for the recovery of all water (Bayham and Richmond systems) and wastewater costs through full cost recovery rates. 2. That Council consider the Capital Plan for water (Bayham and Richmond systems) and wastewater as provided in Tables 2-1, 2-2, and 2-3 and the associated Capital Financing Plan as set out in Tables 4-1, 4-2 and 4-3. 3. That Council consider the base charges provided in Tables 6-1 and 6-2 for water (Bayham and Richmond systems) and flat rates in Table 6-3 for wastewater. 4. That Council consider the volume rates for water (Bayham and Richmond systems) and flat rates for wastewater as provided in Tables 7-1, 7-2 and 7-3 respectively. Appendices Watson & Associates Economists Ltd. PAGE A-1 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Appendix A Water System Inventory Data Watson & Associates Economists Ltd. PAGE A-2 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Street Year Installed Estimated Life Replacement Year Total Main Replacement Costs Years until Replacement Annual Lifecycle Contribution Amount to be included in 10 year Forecast Plank Road - Vienna/Burwell Loop 1977 100 2077 1,084,730 58 31,768 - Brown Side Road - Vienna/Burwell Loop 1977 100 2077 638,080 58 18,687 - Vienna Line - Vienna/Burwell Loop 1977 100 2077 350,940 58 10,278 - Centre Street - Vienna/Burwell Loop 1977 100 2077 63,810 58 1,869 - Plank Road 1977 100 2077 669,980 58 19,621 - Mill Street 1977 100 2077 31,900 58 934 - Soper Road 1977 100 2077 31,900 58 934 - Centre Street 1977 100 2077 231,860 58 6,790 - Fulton Street 1977 100 2077 203,020 58 5,946 - Edison Drive 1977 100 2077 152,270 58 4,459 - Queen Street 1977 100 2077 25,380 58 743 - Oak Street 1977 100 2077 174,020 58 5,096 - Chestnut Street 1977 100 2077 76,130 58 2,230 - Ann Street 1977 100 2077 50,750 58 1,486 - Elm Street 1977 100 2077 126,890 58 3,716 - Pine Street 1977 100 2077 50,750 58 1,486 - Union Street 1977 100 2077 25,380 58 743 - Snow Street 1977 100 2077 50,750 58 1,486 - Union Street 1977 100 2077 25,380 58 743 - King Street 1977 100 2077 50,750 58 1,486 - Walnut Street 1977 100 2077 50,750 58 1,486 - Chapel Street 1977 100 2077 228,400 58 6,689 - Otter Street 1977 100 2077 25,380 58 743 - Front Street 1977 100 2077 6,380 58 187 - Robinson Street 1972 100 2072 368,400 53 11,337 - Hagerman Street 1972 100 2072 80,490 53 2,477 - Strachan Street 1972 100 2072 188,030 53 5,786 - Strachan Street 2009 100 2109 47,560 90 1,144 - Erieus Street 1972 100 2072 134,310 53 4,133 - Erieus Street 2009 100 2109 47,560 90 1,144 - Shakespeare Street 1972 100 2072 107,450 53 3,307 - Shakespeare Street 2009 100 2109 47,560 90 1,144 - Victoria Street 1972 100 2072 241,760 53 7,440 - Victoria Street 2009 100 2109 47,560 90 1,144 - Pitt Street 1972 100 2072 53,730 53 1,653 - Pitt Street 1972 100 2072 107,450 53 3,307 - Pitt Street 2009 100 2109 47,560 90 1,144 - Beach Street 1972 100 2072 23,030 53 709 - Beach Street 2009 100 2109 47,560 90 1,144 - Wellington Street 1972 100 2072 153,500 53 4,724 - Wellington Street 1972 100 2072 26,860 53 827 - Wellington Street 2009 100 2109 47,560 90 1,144 - Hannah Street 1972 100 2072 26,860 53 827 - Hannah Street 2009 100 2109 47,560 90 1,144 - William Street 1972 100 2072 23,030 53 709 - William Street 1972 100 2072 26,860 53 827 - Elizabeth Street 1972 100 2072 26,860 53 827 - Waterloo Street 1972 100 2072 11,510 53 354 - Elizabeth Street 1972 100 2072 107,450 53 3,307 - Elizabeth Street 2009 100 2109 47,560 90 1,144 - Milton Street 1972 100 2072 26,860 53 827 - Milton Street 2009 100 2109 47,560 90 1,144 - County Road 42 1972 100 2072 161,170 53 4,960 - Bridge Street 2009 100 2109 47,560 90 1,144 - Bridge Street 1972 100 2072 303,930 53 9,353 - Chatham Street 2009 100 2109 47,560 90 1,144 - Chatham Street 1972 100 2072 322,340 53 9,920 - Homer Street 1972 100 2072 26,860 53 827 - Cowper Street 1972 100 2072 11,510 53 354 - Addison Street 1972 100 2072 161,170 53 4,960 - Addison Street 2009 100 2109 47,560 90 1,144 - Libbye Street 1972 100 2072 80,580 53 2,480 - Libbye Street 1972 100 2072 23,030 53 709 - Faye Street 1972 100 2072 23,030 53 709 - Wellington Street 1972 100 2072 80,580 53 2,480 - McCord Lane 1972 100 2072 46,050 53 1,417 - Total 8,018,550 236,021 0 Table A-1 Municipality of Bayham Watermains Watson & Associates Economists Ltd. PAGE A-3 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Description Year Installed Estimated Life Replacement Year Total Replacement Costs Years until Replacement Annual Lifecycle Contribution Amount to be included in 10 year Forecast Water Curb Stops 750 Curb Stops 2010 35 2045 612,290 26 30,430 - Water Meters 755 Water Meters 2017 35 2052 428,790 33 17,875 - Total 1,041,080 48,305 0 Table A-2 Municipality of Bayham Water Curb Stops & Meters Description Year Installed Estimated Life Replacement Year Total Replacement Costs Years until Replacement Annual Lifecycle Contribution Amount to be included in 10 year Forecast 83 Hydrants 2010 35 2045 371,070 26 18,442 - Total 371,070 18,442 0 Table A-3 Municipality of Bayham Water Hydrants Description Year Installed Estimated Life Replacement Year Total Replacement Costs Years until Replacement Annual Lifecycle Contribution Amount to be included in 10 year Forecast 15 - 10" Main Valves 2010 35 2045 40,520 26 2,014 - 15 - 8" Main Valves 2010 35 2045 24,030 26 1,194 - 57 - 6" Main Valves 2010 35 2045 53,800 26 2,674 - 6" Main Gate Valve 2009 35 2044 139,820 25 7,162 - 8" Main Gate Valve 2009 35 2044 14,390 25 737 - 10 " Main Gate Valve 2009 35 2044 12,240 25 627 - Total 284,800 14,408 0 Table A-4 Municipality of Bayham Water Valves Description Year Installed Estimated Life Replacement Year Total Replacement Costs Years until Replacement Annual Lifecycle Contribution Amount to be included in 10 year Forecast Richmond - Bedrock Well #1 With Pump 2014 70 2084 24,440 65 675 - Richmond - Bedrock Monitoring Well 2014 70 2084 24,440 65 675 - Richmond - Overburden Well #2 With Pump 2014 70 2084 3,360 65 93 - Richmond - Overburden Well #3 With Pump 2014 70 2084 3,360 65 93 - Richmond - Well Head Security Fencing & Locks 2014 20 2034 8,850 15 689 - Richmond - Raw & Distribution Flow Meters 2014 20 2034 13,280 15 1,034 - Richmond - Water Softeners & Nitrate Filters 2014 20 2034 22,130 15 1,722 - Richmond - Nitrate Analyzer 2014 20 2034 16,600 15 1,292 - Richmond - Pre & Post Chlorine Injection Pumps 2014 20 2034 22,130 15 1,722 - Richmond - PVC Water Storage Tank #1 2014 50 2064 3,870 45 131 - Richmond - PVC Water Storage Tank #2 2014 50 2064 3,870 45 131 - Richmond - Pre & Post Chlorine Analyzer 2014 20 2034 12,170 15 947 - Richmond - Distribution Pump#1 With Frequency Drive 2014 20 2034 7,740 15 602 - Richmond - Distribution Pump #2 With Frequency Drive 2014 20 2034 7,740 15 602 - Richmond - Distribution Pump#3 With Frequency Drive 2014 20 2034 7,740 15 602 - Richmond - Micron Filter Vessels 2014 20 2034 5,530 15 430 - Richmond - Bladder Type Pressure Tank #1 2014 50 2064 2,210 45 75 - Richmond - Bladder Type Pressure Tank #2 2014 50 2064 2,210 45 75 - Richmond - UV Light System #1 2014 20 2034 3,870 15 301 - Richmond - UV Light System #2 2014 20 2034 3,870 15 301 - Richmond - UV Light System #3 2014 20 2034 3,870 15 301 - Richmond - UV Light System #4 2014 20 2034 3,870 15 301 - Richmond - SCADA Computer System 2014 20 2034 77,460 15 6,028 - Richmond - Distribution System 2017 40 2057 779,440 38 29,479 - Richmond - Treatment/Pump House 2014 70 2084 27,660 65 764 - Richmond Pump House 2015 70 2085 57,810 66 1,585 - Total 1,149,520 50,653 0 Table A-5 Municipality of Bayham Water Assets - Richmond System Watson & Associates Economists Ltd. PAGE B-1 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Appendix B Wastewater System Inventory Data Watson & Associates Economists Ltd. PAGE B-2 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Item Year Installed Estimated Life Replacement Year Replacement Cost Years until Replacement Annual Lifecycle Contribution Amount to be included in 10 year Forecast Pump Station 7 Building 1985 50 2035 231,550 16 17,054 - Pump Station 8 Building 1985 50 2035 231,550 16 17,054 - Pump Station 7 Building 1985 20 2019 136,030 0 suggested for 10 year capital forecast 136,030 Pump Station 8 Building 1985 20 2019 136,030 0 suggested for 10 year capital forecast 136,030 SewageTreatment Plant - Electrical 2001 25 2026 282,980 7 suggested for 10 year capital forecast 282,980 Sewage Treatment Plant - Instrumentation/HVAC 2001 50 2051 612,930 32 26,117 - Sewage Treatment Plant - Mechanical 2001 25 2026 170,010 7 suggested for 10 year capital forecast 170,010 Sewage Treatment Plant - Pipes 2001 20 2021 119,680 2 suggested for 10 year capital forecast 119,680 Sewage Treatment Plant Building - Reactor System 2001 20 2021 313,180 2 suggested for 10 year capital forecast 313,180 Sewage Treatment Plant - Substructure 2001 75 2076 1,660,960 57 49,100 - Pump Station 1 Building 2002 50 2052 360,330 33 15,021 - Pump Station 2 Building 2002 50 2052 360,330 33 15,021 - Pump Station 3 Building 2002 50 2052 225,210 33 9,388 - Pump Station 4 Building 2002 50 2052 225,210 33 9,388 - Pump Station 5 Building 2002 50 2052 360,330 33 15,021 - Pump Station 6 Building 2002 50 2052 360,330 33 15,021 - Pump Station 1 Building 2002 20 2022 211,690 3 suggested for 10 year capital forecast 211,690 Pump Station 2 Building 2002 20 2022 211,690 3 suggested for 10 year capital forecast 211,690 Pump Station 3 Building 2002 20 2022 132,310 3 suggested for 10 year capital forecast 132,310 Pump Station 4 Building 2002 20 2022 132,310 3 suggested for 10 year capital forecast 132,310 Pump Station 5 Building 2002 20 2022 211,690 3 suggested for 10 year capital forecast 211,690 Pump Station 6 Building 2002 20 2022 211,690 3 suggested for 10 year capital forecast 211,690 Septage Receiving Plant Mechanical / Electrical 2009 75 2084 347,080 65 9,589 - Septage Receiving Building - Substructure 2009 75 2084 331,780 65 9,166 - Septage Receiving Plant - Electrical 2009 20 2029 19,490 10 suggested for 10 year capital forecast 19,490 Septage Receiving Plant - Mechanical 2009 20 2029 47,700 10 suggested for 10 year capital forecast 47,700 Sewage Treatment Plant - Instrumentation/HVAC 2016 25 2041 15,600 22 883 - Sewage Treatment Plant - Pipes 2016 20 2036 21,950 17 1,536 - Sewage Treatment Plant - Substructure 2016 40 2056 34,470 37 1,327 - Total 7,716,090 210,686 2,336,480 Table B-1 Municipality of Bayham Wastewater Facilities Watson & Associates Economists Ltd. PAGE B-3 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Description Year Installed Estimated Life Replace ment Year Total Main Replacement Costs Years until Replacement Annual Lifecycle Contribution Amount to be included in 10 year Forecast Sewer Air Release Valves Air Release Valves 2000 35 2035 147,860 16 10,890 - Sewer Mains Brock Street 4"1985 100 2085 17,550 66 481 - Erieus Street 4"1985 100 2085 70,190 66 1,925 - Easement Parallel To Union Street 6"1985 100 2085 35,090 66 962 - Nova Scotia Line 6"1985 100 2085 105,280 66 2,887 - Bridge Street 6"1985 100 2085 35,090 66 962 - Pearl Street 10"2001 100 2101 199,760 82 4,976 - Centre Street 10"2001 100 2101 149,710 82 3,729 - Vienna Line 10"2001 100 2101 549,350 82 13,685 - Brown Line 10"2001 100 2101 1,598,100 82 39,810 - Plank Road 8"2001 100 2101 2,901,810 82 72,287 - Garner Road 2"2001 100 2101 46,790 82 1,166 - Heritage Line 2"2001 100 2101 140,360 82 3,497 - Plank Road 6"2001 100 2101 140,360 82 3,497 - Plank Road 4"2001 100 2101 2,198,970 82 54,779 - Plank Road 10"2001 100 2101 299,640 82 7,464 - Plank Road 10"2001 100 2101 549,350 82 13,685 - Travis Street 8"2001 100 2101 48,360 82 1,205 - Eden Line 8"2001 100 2101 241,820 82 6,024 - Eden Line 8"2001 100 2101 580,360 82 14,457 - Gray Street 8"2001 100 2101 96,730 82 2,410 - Sandytown Road 8"2000 100 2100 329,450 81 8,247 - Old Chapel Road 8"2000 100 2100 94,130 81 2,356 - Duke Street 8"2000 100 2100 94,130 81 2,356 - Plank Road 10"2000 100 2100 145,790 81 3,650 - Plank Road 2"2000 100 2100 364,230 81 9,118 - Garnham Street 8"2000 100 2100 94,130 81 2,356 - West Street 8"2000 100 2100 23,530 81 589 - West Street 10"2000 100 2100 97,200 81 2,433 - Sort Street 8"2000 100 2100 47,060 81 1,178 - East Street 8"2000 100 2100 23,530 81 589 - Alward Street 8"2000 100 2100 47,060 81 1,178 - Garner Road 8"2000 100 2100 47,060 81 1,178 - Wardwalk Line 8"2000 100 2100 94,130 81 2,356 - Heritage Line 8"2000 100 2100 564,760 81 14,138 - Arthur Street 8"2000 100 2100 94,130 81 2,356 - Main Street 8"2000 100 2100 47,060 81 1,178 - Main Street 8"2000 100 2100 141,190 81 3,535 - Hesch Street 8"2000 100 2100 28,240 81 707 - First Street 8"2000 100 2100 141,190 81 3,535 - Second Street 8"2000 100 2100 47,060 81 1,178 - Third Street 8"2000 100 2100 94,130 81 2,356 - Fourth Street 8"2000 100 2100 47,060 81 1,178 - Fifth Street 8"2000 100 2100 47,060 81 1,178 - Wardwalk Line 8"2000 100 2100 94,130 81 2,356 - Heritage Line East 8"2000 100 2100 282,380 81 7,069 - Heritage Line East 10"2000 100 2100 97,200 81 2,433 - Centre Street 8"2001 100 2101 241,820 82 6,024 - Centre Street 10"2001 100 2101 149,820 82 3,732 - Vienna Line 8"2001 100 2101 96,730 82 2,410 - Pearl Street 8"2001 100 2101 193,450 82 4,819 - Fulton Street 10"2001 100 2101 299,640 82 7,464 - Union Street 8"2001 100 2101 96,730 82 2,410 - Union Street 8"2001 100 2101 33,850 82 843 - Pine Street 8"2001 100 2101 96,730 82 2,410 - Snow Street 8"2001 100 2101 48,360 82 1,205 - Elm Street 8"2001 100 2101 290,180 82 7,229 - Chestnut Street 8"2001 100 2101 145,090 82 3,614 - Oak Street 8"2001 100 2101 145,090 82 3,614 - Oak Street 8"2001 100 2101 96,730 82 2,410 - Queen Street 8"2001 100 2101 48,360 82 1,205 - Edison Drive 10"2001 100 2101 299,640 82 7,464 - Ann Street 8"2001 100 2101 48,360 82 1,205 - Ann Street 8"2001 100 2101 96,730 82 2,410 - Plank Road 14"2001 100 2101 875,800 82 21,817 - Otter Street 8"2001 100 2101 24,180 82 602 - Front Street 14"2001 100 2101 25,760 82 642 - Water Street 10"2001 100 2101 99,880 82 2,488 - King Street 8"2001 100 2101 96,730 82 2,410 - Plank Road 10"2001 100 2101 49,940 82 1,244 - Walnut Street 8"2001 100 2101 96,730 82 2,410 - North Street 8"2001 100 2101 48,360 82 1,205 - Chapel Street 8"2001 100 2101 145,090 82 3,614 - Elizabeth Street 8"1985 100 2085 181,380 66 4,974 - Table B-2 Municipality of Bayham Wastewater Sewers - Valves - Sanitary Mains Watson & Associates Economists Ltd. PAGE B-4 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Description Year Installed Estimated Life Replace ment Year Total Main Replacement Costs Years until Replacement Annual Lifecycle Contribution Amount to be included in 10 year Forecast Victoria Street 8"1985 100 2085 253,940 66 6,963 - Victoria Street 8"1985 100 2085 36,280 66 995 - Milton Street 8"1985 100 2085 36,280 66 995 - Shakespeare Street 8"1985 100 2085 108,830 66 2,984 - Strachan Street 8"1985 100 2085 217,660 66 5,969 - Erieus Street 8"1985 100 2085 145,110 66 3,979 - Robinson Street 8"1985 100 2085 72,550 66 1,989 - Robinson Street 8"1985 100 2085 72,550 66 1,989 - Robinson Street 8"2009 100 2109 47,560 90 1,144 - Union Street 12"1985 100 2085 23,190 66 636 - Waterloo Street 10"1985 100 2085 187,300 66 5,136 - Wellington Street 8"1985 100 2085 36,280 66 995 - Wellington Street 8"1985 100 2085 145,110 66 3,979 - Pitt Street 8"1985 100 2085 14,510 66 398 - Pitt Street 8"1985 100 2085 145,110 66 3,979 - Brock Street 8"1985 100 2085 72,550 66 1,989 - Chatham Street 14"2013 100 2113 160,600 94 3,803 - Chatham Street 14"1985 100 2085 502,360 66 13,775 - Addison Street 8"1985 100 2085 217,660 66 5,969 - Libbye Street 8"1985 100 2085 36,280 66 995 - Bridge Street 8"1985 100 2085 36,280 66 995 - Newton Street 8"1985 100 2085 36,280 66 995 - Easement West Of Bodsworth Street 8"1985 100 2085 36,280 66 995 - Bodsworth Street 8"1985 100 2085 18,140 66 497 - Erieus Street 12"1985 100 2085 77,280 66 2,119 - Total 20,186,680 517,698 0 Table B-2 (Continued) Municipality of Bayham Wastewater Sewers - Valves - Sanitary Mains Watson & Associates Economists Ltd. PAGE C-1 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Appendix C Detailed Bayham Water Rate Calculations Watson & Associates Economists Ltd. PAGE C-2 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table C-1 Municipality of Bayham Water Service Capital Budget Forecast Uninflated $ Budget 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Capital Expenditures Air Valves 13,500 13,500 13,500 Pick Up Truck 40,000 20,000 20,000 Studies:- Water Financial Plan 35,000 35,000 35,000 Total Capital Expenditures 48,500 88,500 13,500 20,000 - - 35,000 - - 20,000 - - ForecastTotalDescription Table C-2 Municipality of Bayham Water Service Capital Budget Forecast Inflated $ Budget 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Capital Expenditures Air Valves 13,500 14,000 14,000 - - - - - - - - - Pick Up Truck - 44,000 - 21,000 - - - - - 23,000 - - Studies: Water Financial Plan 35,000 39,000 - - - - 39,000 - - - - - Total Capital Expenditures 48,500 97,000 14,000 21,000 - - 39,000 - - 23,000 - - Capital Financing Provincial/Federal Grants - Development Charges Reserve Fund - - - - - - - - - - - - Non-Growth Related Debenture Requirements - - - - - - - - - - - - Growth Related Debenture Requirements - - - - - - - - - - - - Operating Contributions - - - - - - - - - - - - Lifecycle Reserve Fund - - - - - - - - - - - - Water Reserve 48,500 97,000 14,000 21,000 - - 39,000 - - 23,000 - - Total Capital Financing 48,500 97,000 14,000 21,000 - - 39,000 - - 23,000 - - Table C-3 Municipality of Bayham Water Service Schedule of Non-Growth Related Debenture Repayments Inflated $ Debenture Principal Year (Inflated)2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2020 - - - - - - - - - - 2021 - - - - - - - - - 2022 - - - - - - - - 2023 - - - - - - - 2024 - - - - - - 2025 - - - - - 2026 - - - - 2027 - - - 2028 - - 2029 - Total Annual Debt Charges - - - - - - - - - - - - Table C-4 Municipality of Bayham Water Service Water Reserves/ Reserve Funds Continuity Inflated $ Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Opening Balance 721,260 808,101 939,807 1,017,994 1,096,833 1,170,242 1,178,213 1,253,114 1,321,451 1,358,781 1,410,326 Transfer from Operating (Bayham System)127,766 119,266 71,342 65,602 58,903 51,526 43,232 35,509 27,006 17,477 6,978 Transfer from Operating (Richmond System)7,730 8,013 7,885 7,731 7,560 7,343 7,097 6,917 6,681 6,415 6,123 Transfer to Capital (Bayham System)48,500 14,000 21,000 - - 39,000 - - 23,000 - - Transfer to Capital (Richmond System)16,000 - - 16,000 16,000 35,000 - - - - - Transfer to Operating - - - - - - - - - - - Closing Balance 792,256 921,380 998,034 1,075,327 1,147,296 1,155,111 1,228,543 1,295,540 1,332,138 1,382,673 1,423,427 Interest 15,845 18,428 19,961 21,507 22,946 23,102 24,571 25,911 26,643 27,653 28,469 TotalDescription 2019 Forecast Forecast Watson & Associates Economists Ltd. PAGE C-3 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table C-5 Municipality of Bayham Water Services Operating Budget Forecast Inflated $ Budget Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Expenditures Operating Costs Salaries & Wages 65,200 66,504 67,800 69,200 70,600 72,000 73,400 74,900 76,400 77,900 79,500 Statutory Benefits 7,296 7,442 7,600 7,800 8,000 8,200 8,400 8,600 8,800 9,000 9,200 Non-Statutory Benefits 27,851 28,408 29,000 29,600 30,200 30,800 31,400 32,000 32,600 33,300 34,000 One Call Locates 2,500 2,600 2,700 2,800 2,900 3,000 3,100 3,200 3,300 3,400 3,500 Supplies 2,500 2,600 2,700 2,800 2,900 3,000 3,200 3,400 3,600 3,800 4,000 Tools and Equipment 650 675 700 700 700 700 700 700 700 700 700 Lab Fees 5,500 5,800 5,900 6,000 6,100 6,200 6,300 6,400 6,500 6,600 6,700 Utilities 2,467 2,541 2,700 2,800 2,900 3,000 3,200 3,400 3,600 3,800 4,000 Association Fees 900 950 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 Auditing Fees 3,900 4,000 4,100 4,200 4,300 4,400 4,500 4,600 4,700 4,800 4,900 System Maintenance 12,000 14,000 14,300 14,600 14,900 15,200 15,500 15,800 16,100 16,400 16,700 Vehicle Maintenance 700 775 800 800 800 800 800 800 800 800 800 Insurance 830 872 900 900 900 900 900 900 900 900 900 Legal Fees 500 550 600 600 600 600 600 600 600 600 600 Truck water distribution 4,590 4,700 4,800 4,900 5,000 5,100 5,200 5,300 5,400 5,500 5,600 Training & Education 2,500 2,600 2,700 2,800 2,900 3,000 3,100 3,200 3,300 3,400 3,500 Licenses 501 151 200 200 200 200 200 200 200 200 200 Conference & Seminars 2,400 2,500 2,600 2,700 2,800 2,900 3,000 3,100 3,200 3,300 3,400 Telephone 2,300 2,400 2,400 2,400 2,400 2,400 2,400 2,400 2,400 2,400 2,400 Sundry 100 100 100 100 100 100 100 100 100 100 100 Water Quality Management 4,400 4,500 4,600 4,700 4,800 4,900 5,000 5,100 5,200 5,300 5,400 Primary and Secondary Water System Costs 458,598 478,433 499,615 521,018 543,557 567,051 591,539 617,063 643,665 671,392 700,289 Administrative Overhead 5,700 5,750 5,900 6,000 6,100 6,200 6,300 6,400 6,500 6,600 6,700 Water adjustments 4,300 4,350 4,400 4,500 4,600 4,700 4,800 4,900 5,000 5,100 5,200 - - - - - - - - - Sub Total Operating 618,183 643,201 668,115 693,118 719,257 746,351 774,639 804,063 834,565 866,292 899,289 Capital-Related Existing Debt (Principal) - Growth Related Existing Debt (Interest) - Growth Related New Growth Related Debt (Principal)- - - - - - - - - - New Growth Related Debt (Interest)- - - - - - - - - - Existing Debt (Principal) - Non-Growth Related Existing Debt (Interest) - Non-Growth Related New Non-Growth Related Debt (Principal)- - - - - - - - - - New Non-Growth Related Debt (Interest)- - - - - - - - - - Transfer to Capital - - - - - - - - - - - Transfer to Capital Reserve 127,766 119,266 71,342 65,602 58,903 51,526 43,232 35,509 27,006 17,477 6,978 Sub Total Capital Related 127,766 119,266 71,342 65,602 58,903 51,526 43,232 35,509 27,006 17,477 6,978 Total Expenditures 745,949 762,467 739,457 758,720 778,160 797,876 817,871 839,572 861,571 883,769 906,268 Revenues Base Charge 125,892 128,900 132,250 135,729 139,241 142,885 146,664 150,478 154,428 158,414 162,540 Water Meters 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 Water Connection Chgs 6,000 5,585 5,585 5,585 5,585 5,585 5,585 5,585 5,585 5,585 5,585 Water Services Permit fee 300 400 410 420 430 440 450 460 470 480 490 Water Penalties 15,000 15,000 15,300 15,600 15,900 16,200 16,500 16,800 17,100 17,400 17,700 Landowners Debenture Payments 42,000 42,000 - - - - - - - - - Sundry - - - - - - - - - - - Other Revenue - - - - - - - - - - Contributions from Development Charges Reserve Fund - - - - - - - - - - - Contributions from Reserves / Reserve Funds - - - - - - - - - - - Total Operating Revenue 191,192 193,885 155,545 159,334 163,156 167,110 171,199 175,323 179,583 183,879 188,315 Water Billing Recovery - Total 554,757 568,582 583,912 599,386 615,004 630,766 646,672 664,249 681,988 699,890 717,953 Table C-6 Municipality of Bayham Water Services Water Rate Forecast Inflated $ Description 2019 Budget 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Total Water Billing Recovery 554,757 568,582 583,912 599,386 615,004 630,766 646,672 664,249 681,988 699,890 717,953 Total Volume (m3)146,761 147,301 148,201 149,101 150,001 150,901 151,801 152,701 153,601 154,501 155,401 Constant Rate 3.78 3.86 3.94 4.02 4.10 4.18 4.26 4.35 4.44 4.53 4.62 Annual Percentage Change 2%2%2%2%2%2%2%2%2%2% Forecast Watson & Associates Economists Ltd. PAGE D-1 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Appendix D Detailed Richmond Water Rate Calculations Watson & Associates Economists Ltd. PAGE D-2 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table D-1 Municipality of Bayham Water Service - Richmond System Capital Budget Forecast Uninflated $ Budget 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Capital Expenditures Equipment - Richmond 45,000 15,000 15,000 15,000 Studies: Richmond Well Review 16,000 16,000 16,000 Total Capital Expenditures 16,000 61,000 - - 15,000 15,000 31,000 - - - - - Description Total Forecast Table D-2 Municipality of Bayham Water Service - Richmond System Capital Budget Forecast Inflated $ Budget 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Capital Expenditures Equipment - Richmond - 49,000 - - 16,000 16,000 17,000 - - - - - Studies: Richmond Well Review 16,000 18,000 - - - - 18,000 - - - - - Total Capital Expenditures 16,000 67,000 - - 16,000 16,000 35,000 - - - - - Capital Financing Provincial/Federal Grants - Development Charges Reserve Fund - - - - - - - - - - - - Non-Growth Related Debenture Requirements - - - - - - - - - - - - Growth Related Debenture Requirements - - - - - - - - - - - - Operating Contributions - - - - - - - - - - - - Lifecycle Reserve Fund - - - - - - - - - - - - Water Reserve 16,000 67,000 - - 16,000 16,000 35,000 - - - - - Total Capital Financing 16,000 67,000 - - 16,000 16,000 35,000 - - - - - Table D-3 Municipality of Bayham Water Service - Richmond System Schedule of Non-Growth Related Debenture Repayments Inflated $ Debenture Principal Year (Inflated)2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2020 - - - - - - - - - - 2021 - - - - - - - - - 2022 - - - - - - - - 2023 - - - - - - - 2024 - - - - - - 2025 - - - - - 2026 - - - - 2027 - - - 2028 - - 2029 - Total Annual Debt Charges - - - - - - - - - - - - Table D-4 Municipality of Bayham Water Service - Richmond System Water Reserves Continuity Inflated $ Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Opening Balance 721,260 808,101 939,807 1,017,994 1,096,833 1,170,242 1,178,213 1,253,114 1,321,451 1,358,781 1,410,326 Transfer from Operating (Bayham System)127,766 119,266 71,342 65,602 58,903 51,526 43,232 35,509 27,006 17,477 6,978 Transfer from Operating (Richmond System)7,730 8,013 7,885 7,731 7,560 7,343 7,097 6,917 6,681 6,415 6,123 Transfer to Capital (Bayham Sytem)48,500 14,000 21,000 - - 39,000 - - 23,000 - - Transfer to Capital (Richmond System)16,000 - - 16,000 16,000 35,000 - - - - - Transfer to Operating - - - - - - - - - - - Closing Balance 792,256 921,380 998,034 1,075,327 1,147,296 1,155,111 1,228,543 1,295,540 1,332,138 1,382,673 1,423,427 Interest 15,845 18,428 19,961 21,507 22,946 23,102 24,571 25,911 26,643 27,653 28,469 Description Total Forecast 2019 Forecast Watson & Associates Economists Ltd. PAGE D-3 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table D-5 Municipality of Bayham Water Service - Richmond System Operating Budget Forecast Inflated $ Budget Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Expenditures Operating Costs Richmond Water Salary & Wages 30,500 30,870 31,490 32,120 32,760 33,420 34,090 34,770 35,470 36,180 36,900 Richmond Water Statutory Benefits 2,420 2,470 2,520 2,570 2,620 2,670 2,720 2,770 2,830 2,890 2,950 Richmond Water Non-Statutory Benefits 1,365 1,390 1,420 1,450 1,480 1,510 1,540 1,570 1,600 1,630 1,660 One Call Locates 550 580 590 600 610 620 630 640 650 660 670 Source Water Protection 3,500 3,500 3,570 3,640 3,710 3,780 3,860 3,940 4,020 4,100 4,180 Richmond Water Supplies 3,400 3,400 3,570 3,750 3,940 4,140 4,350 4,570 4,800 5,040 5,290 Tools and Equipment 300 330 340 350 360 370 380 390 400 410 420 Richmond Water Lab fees 4,600 4,750 4,850 4,950 5,050 5,150 5,250 5,360 5,470 5,580 5,690 Richmond Water Utilities 4,774 4,920 5,170 5,430 5,700 5,990 6,290 6,600 6,930 7,280 7,640 Property Taxes 2,000 2,100 2,140 2,180 2,220 2,260 2,310 2,360 2,410 2,460 2,510 Association Fees 250 280 290 300 310 320 330 340 350 360 370 Water Quality Management 2,800 2,900 2,960 3,020 3,080 3,140 3,200 3,260 3,330 3,400 3,470 Richmond Water System Maintenance 2,300 2,400 2,450 2,500 2,550 2,600 2,650 2,700 2,750 2,810 2,870 Equipment Maintenance 3,000 3,100 3,160 3,220 3,280 3,350 3,420 3,490 3,560 3,630 3,700 Vehicle Maintenance 300 350 360 370 380 390 400 410 420 430 440 Truck Richmond 3,152 3,210 3,270 3,340 3,410 3,480 3,550 3,620 3,690 3,760 3,840 Training & Education 800 1,000 1,020 1,040 1,060 1,080 1,100 1,120 1,140 1,160 1,180 Licenses 450 - - - - - - - - - - Conferences & Seminars 600 700 710 720 730 740 750 770 790 810 830 Richmond Water Amtelecom 1,400 1,450 1,480 1,510 1,540 1,570 1,600 1,630 1,660 1,690 1,720 Administrative Overhead - - - - - - - - - - - - - - - - - - - - - Sub Total Operating 68,461 69,700 71,360 73,060 74,790 76,580 78,420 80,310 82,270 84,280 86,330 Capital-Related Existing Debt (Principal) - Growth Related Existing Debt (Interest) - Growth Related New Growth Related Debt (Principal)- - - - - - - - - - New Growth Related Debt (Interest)- - - - - - - - - - Existing Debt (Principal) - Non-Growth Related Existing Debt (Interest) - Non-Growth Related New Non-Growth Related Debt (Principal)- - - - - - - - - - New Non-Growth Related Debt (Interest)- - - - - - - - - - Transfer to Capital - - - - - - - - - - - Transfer to Capital Reserve 7,730 8,013 7,885 7,731 7,560 7,343 7,097 6,917 6,681 6,415 6,123 Sub Total Capital Related 7,730 8,013 7,885 7,731 7,560 7,343 7,097 6,917 6,681 6,415 6,123 Total Expenditures 76,191 77,713 79,245 80,791 82,350 83,923 85,517 87,227 88,951 90,695 92,453 Revenues Base Charge Revenue 34,911 35,609 36,320 37,045 37,784 38,537 39,309 40,096 40,896 41,717 42,552 Landowner Debenture Payments 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 Source Water Revenue - - - - - - - - - - - Other Revenue - - - - - - - - - - Contributions from Development Charges Reserve Fund - - - - - - - - - - - Contributions from Reserves / Reserve Funds - - - - - - - - - - - Total Operating Revenue 37,411 38,109 38,820 39,545 40,284 41,037 41,809 42,596 43,396 44,217 45,052 Water Billing Recovery - Total 38,779 39,604 40,424 41,245 42,066 42,887 43,708 44,631 45,554 46,478 47,401 Table D-6 Municipality of Bayham Water Service - Richmond System Water Rate Forecast Inflated $ Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Total Water Billing Recovery 38,779 39,604 40,424 41,245 42,066 42,887 43,708 44,631 45,554 46,478 47,401 Total Volume (m3)10,260 10,260 10,260 10,260 10,260 10,260 10,260 10,260 10,260 10,260 10,260 Constant Rate 3.78 3.86 3.94 4.02 4.10 4.18 4.26 4.35 4.44 4.53 4.62 Annual Percentage Change 2%2%2%2%2%2%2%2%2%2% Forecast Watson & Associates Economists Ltd. PAGE E-1 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Appendix E Detailed Wastewater Rate Watson & Associates Economists Ltd. PAGE E-2 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table E-1 Municipality of Bayham Wastewater Service Capital Budget Forecast Uninflated $ Budget 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Capital Expenditures STP Energy Upgrades 282,500 - Pump Station Check Valves 10,000 20,000 10,000 10,000 Pump Equipment 40,000 200,000 40,000 40,000 40,000 40,000 40,000 New Pumps 125,000 375,000 125,000 125,000 125,000 SCADA Packs 60,000 - Pick Up Truck 40,000 20,000 20,000 Total Capital Expenditures 517,500 635,000 175,000 195,000 165,000 40,000 40,000 - - 20,000 - - ForecastDescriptionTotal Table E-2 Municipality of Bayham Wastewater Service Capital Budget Forecast Inflated $ Budget 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Capital Expenditures STP Energy Upgrades 282,500 - - - - - - - - - - - Pump Station Check Valves 10,000 20,000 10,000 10,000 - - - - - - - - Pump Equipment 40,000 212,000 41,000 42,000 42,000 43,000 44,000 - - - - - New Pumps 125,000 391,000 128,000 130,000 133,000 - - - - - - - SCADA Packs 60,000 - - - - - - - - - - - Pick Up Truck - 44,000 - 21,000 - - - - - 23,000 - - Total Capital Expenditures 517,500 667,000 179,000 203,000 175,000 43,000 44,000 - - 23,000 - - Capital Financing Provincial/Federal Grants - Development Charges Reserve Fund - - - - - - - - - - - - Non-Growth Related Debenture Requirements - - - - - - - - - - - - Growth Related Debenture Requirements - - - - - - - - - - - - Operating Contributions - - - - - - - - - - - - Lifecycle Reserve Fund - - - - - - - - - - - - Wastewater Reserve 517,500 667,000 179,000 203,000 175,000 43,000 44,000 - - 23,000 - - Total Capital Financing 517,500 667,000 179,000 203,000 175,000 43,000 44,000 - - 23,000 - - Table E-3 Municipality of Bayham Wastewater Service Schedule of Non-Growth Related Debenture Repayments Inflated $ Debenture Principal Year (Inflated)2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2020 - - - - - - - - - - 2021 - - - - - - - - - 2022 - - - - - - - - 2023 - - - - - - - 2024 - - - - - - 2025 - - - - - 2026 - - - - 2027 - - - 2028 - - 2029 - Total Annual Debt Charges - - - - - - - - - - - - Table E-4 Municipality of Bayham Wastewater Service Wastewater Reserve Funds Continuity Inflated $ Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Opening Balance 2,732,377 2,732,377 2,933,651 3,110,617 3,315,454 3,654,307 3,993,758 4,379,231 4,766,278 5,131,036 5,519,697 Transfer from Operating 335,800 322,751 318,973 314,828 310,200 305,142 299,605 293,591 287,149 280,432 273,088 Transfer to Capital 517,500 179,000 203,000 175,000 43,000 44,000 - - 23,000 - - Transfer to Operating - - - - - - - - - - - Closing Balance 2,678,801 2,876,129 3,049,625 3,250,445 3,582,654 3,915,449 4,293,364 4,672,822 5,030,427 5,411,468 5,792,785 Interest 53,576 57,523 60,992 65,009 71,653 78,309 85,867 93,456 100,609 108,229 115,856 Forecast Forecast Description 2019 Total Watson & Associates Economists Ltd. PAGE E-3 H:\Bayham\2019 W&WW Rate Study and O.Reg\Reports\Report.docx Table E-5 Municipality of Bayham Wastewater Services Operating Budget Forecast Inflated $ Budget Description 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Expenditures Expenditures- Administrative Salaries & Wages 218,611 222,983 227,400 231,900 236,500 241,200 246,000 250,900 255,900 261,000 266,200 Statutory Benefits 21,000 21,420 21,800 22,200 22,600 23,100 23,600 24,100 24,600 25,100 25,600 Non Statutory Benefits 25,000 25,500 26,000 26,500 27,000 27,500 28,100 28,700 29,300 29,900 30,500 Clothing Allowance 806 856 900 900 900 900 900 900 900 900 900 Man Hours One Call 4,100 4,182 4,300 4,400 4,500 4,600 4,700 4,800 4,900 5,000 5,100 Advertising - - - - - - - - - - - Association & Mem Fees 625 675 700 700 700 700 700 700 700 700 700 Auditing Fees 3,900 3,975 4,100 4,200 4,300 4,400 4,500 4,600 4,700 4,800 4,900 Insurance 6,945 7,292 7,400 7,500 7,700 7,900 8,100 8,300 8,500 8,700 8,900 Training & Education 3,300 3,500 3,600 3,700 3,800 3,900 4,000 4,100 4,200 4,300 4,400 Licences 300 325 300 300 300 300 300 300 300 300 300 Conferences & Seminars 3,400 3,500 3,600 3,700 3,800 3,900 4,000 4,100 4,200 4,300 4,400 Travel 300 325 300 300 300 300 300 300 300 300 300 Telephone & Internet 7,800 8,025 8,200 8,400 8,600 8,800 9,000 9,200 9,400 9,600 9,800 Sundry 100 100 100 100 100 100 100 100 100 100 100 Administrative Overhead 10,000 10,750 11,000 11,200 11,400 11,600 11,800 12,000 12,200 12,400 12,600 Writeoffs - - - - - - - - - - - Expenditures-Treatment Plant Lab Fees 11,000 11,550 11,800 12,000 12,200 12,400 12,600 12,900 13,200 13,500 13,800 Chemicals 8,200 9,000 9,500 10,000 10,500 11,000 11,600 12,200 12,800 13,400 14,100 Utilities Plant 89,250 91,928 96,500 101,300 106,400 111,700 117,300 123,200 129,400 135,900 142,700 Supplies - Plant 2,000 2,500 2,600 2,700 2,800 2,900 3,000 3,200 3,400 3,600 3,800 Property taxes 5,200 5,300 5,400 5,500 5,600 5,700 5,800 5,900 6,000 6,100 6,200 Building/Plant Maintenance 9,000 9,000 9,200 9,400 9,600 9,800 10,000 10,200 10,400 10,600 10,800 Equipment Mtce - Plant 16,500 17,000 17,300 17,600 18,000 18,400 18,800 19,200 19,600 20,000 20,400 Grounds Maintenance 2,800 2,900 3,000 3,100 3,200 3,300 3,400 3,500 3,600 3,700 3,800 Sludge Haulage/Disposal 18,000 18,750 19,100 19,500 19,900 20,300 20,700 21,100 21,500 21,900 22,300 Odour Control (septage)- - - - - - - - - - - Expenditures-Collection System Trucks 3,500 3,650 3,700 3,800 3,900 4,000 4,100 4,200 4,300 4,400 4,500 Supplies - Collection 1,300 1,500 1,600 1,700 1,800 1,900 2,000 2,100 2,200 2,300 2,400 Utilities-Collection System 31,827 32,250 33,900 35,600 37,400 39,300 41,300 43,400 45,600 47,900 50,300 Odour Control 27,000 27,750 28,300 28,900 29,500 30,100 30,700 31,300 31,900 32,500 33,200 System Maintenance 26,000 27,000 27,500 28,100 28,700 29,300 29,900 30,500 31,100 31,700 32,300 Vehicle Maintenance 1,600 1,750 1,800 1,800 1,800 1,800 1,800 1,800 1,800 1,800 1,800 Sub Total Operating 559,364 575,236 590,900 607,000 623,800 641,100 659,100 677,800 697,000 716,700 737,100 Capital-Related Existing Debt (Principal) - Growth Related Existing Debt (Interest) - Growth Related New Growth Related Debt (Principal)- - - - - - - - - - New Growth Related Debt (Interest)- - - - - - - - - - Existing Debt (Principal) - Non-Growth Related Existing Debt (Interest) - Non-Growth Related New Non-Growth Related Debt (Principal)- - - - - - - - - - New Non-Growth Related Debt (Interest)- - - - - - - - - - Transfer to Capital - - - - - - - - - - - Transfer to Capital Reserve 335,800 322,751 318,973 314,828 310,200 305,142 299,605 293,591 287,149 280,432 273,088 Sub Total Capital Related 335,800 322,751 318,973 314,828 310,200 305,142 299,605 293,591 287,149 280,432 273,088 Total Expenditures 895,164 897,988 909,873 921,828 934,000 946,242 958,705 971,391 984,149 997,132 1,010,188 Revenues Flat Rate Revenue Sundry Revenue 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 1,200 Sewer Connection Charges 10,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 Sewer Penalties 4,500 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 Landowner Debenture Payments 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 50,000 Other Revenue - - - - - - - - - Contributions from Development Charges Reserve Fund - - - - - - - - - - - Contributions from Reserves / Reserve Funds - - - - - - - - - - - Total Operating Revenue 65,700 58,200 58,200 58,200 58,200 58,200 58,200 58,200 58,200 58,200 58,200 Wastewater Billing Recovery - Total 829,464 839,788 851,673 863,628 875,800 888,042 900,505 913,191 925,949 938,932 951,988 Table E-6 Municipality of Bayham Wastewater Services Wastewater Rate Forecast Inflated $ Description 2019 Budget 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Total Wastewater Billing Recovery 829,464 839,788 851,673 863,628 875,800 888,042 900,505 913,191 925,949 938,932 951,988 Total Customers 1,233 1,236 1,241 1,246 1,251 1,256 1,261 1,266 1,271 1,276 1,281 Annual Flat Rate 672.72 679.44 686.28 693.12 700.08 707.04 714.12 721.32 728.52 735.84 743.16 Monthly Flat Rate 56.06 56.62 57.19 57.76 58.34 58.92 59.51 60.11 60.71 61.32 61.93 Annual Percentage Change 1%1%1%1%1%1%1%1%1%1% Forecast