26BUDGET(FULL-LINKED) - Flipbook - Page 74
City of Plymouth 2025 / 2026 Budget
Water / Sewer Rate Analysis
Rate or Cost Item
Rate / Cost
Proposed Rate
Charged as of Charged as of
07/01/24
07/01/25
per Mcf
per Mcf
Rate / Cost
Increase
per Mcf
Water Usage Rate
$
11.58
$
12.36
$
0.78
Water Usage Rate Converted to Fixed Costs
$
512,994
$
538,896
$
Fixed Water Charge
$
770,400
$
822,000
Sewer Usage Rate
$
-
$
-
Sewer Usage Rate Converted to Fixed Cost
TOTAL RATE/FIXED COST CHANGES
$
$
1,540,133
2,823,527
$
OTHER OPERATING COST CHANGES
$
2,439,230
$
$
$
$
$
$
$
$
Rate / Cost
Increase
Converted
per 1000 gallons
$
Estimated
Usage
Gallons X 1000
Cost Inc / (Dec) Rate Inc / (Dec)
from prior year
Required
% Increase
over
Prior Year
0.10427
310,000
25,902
N/A
N/A
$
25,902
5.05%
$
51,600
N/A
N/A
$
51,600
6.70%
$
-
1,509,925
2,870,821
$
(30,208)
47,294
N/A
$
$
(30,208)
47,294 $
0.15
-1.96%
1.68%
$
2,777,070
$
337,840
N/A
$
337,840
$
1.09
13.85%
220,000
15,292
187,912
423,204
$
$
$
$
$
33,557
187,912
221,469
$
$
$
$
$
(220,000)
18,265
(201,735)
$
$
$
$
$
(220,000)
18,265
(201,735) $
(0.65)
-47.67%
870,000
870,000
$
$
$
1,145,000
1,145,000
$
$
$
275,000
275,000
$
$
$
275,000
275,000
$
0.89
31.61%
0.00%
31.61%
-
$
$
-
$
$
458,399
$
$
1.48
n/a
COST INCREASE CONVERTED TO RATE /1000 GALLONS*
CURRENT COMBINED WATER/SEWER RATE
RATE NEEDED TO COVER 2025 / 2026 COST - INCREASE/DECREASE*
$
$
$
1.48
15.34
16.82
$
1.48
9.64%
RATE RECOMMENDED FOR 2025 / 2026
$
16.82
$
1.48
9.64%
$
-
305,000
N/A
N/A
DEBT SERVICE COSTS
2012 LTGO Refunding Bonds
2015 LTGO Capital Improvement Bonds
RVSDP SRF Debt
WTUA Assignment of Additional Capacity
TOTAL DEBT SERVICE COST CHANGES
CAPITAL OUTLAY COSTS
Direct Funding of Capital Outlay Costs
Estimated net change for Capital Payments
TOTAL CAPITAL OUTLAY COST CHANGES
AMOUNT NEEDED FOR ADDITIONAL CASH RESERVE$
TOTAL RATE AND FIXED COST INCREASES
-
Existing Rates:
* Proposed Changes:
Proposed Rate:
Water - $ 6.84
Water - $ 1.13
Water - $ 7.97
Sewer - $ 8.50
Sewer - $ .35
Sewer - $ 8.85
* Water rate increase effective as of 7/1/2025
26BINTRO-22-WSRA.xlsx
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