Title
The Board of Water Commissioners for the City of Detroit Water and Sewerage Department approves the proposed schedule of Detroit Retail Water and Sewerage charges consistent with the FY 2019-2020 revenue requirement and amended water and sewer system budgets approved by the Board of Water Commissioners on June 5, 2019 and also authorizes the Director to take such other action as may be necessary to accomplish the intent of this vote.
Body
Agenda of June 19, 2019
Item No. 19-0066
Detroit Water and Sewerage Department
Schedule of Rates FY2020
TO: The Honorable
Board of Water Commissioners
City of Detroit, Michigan
FROM: Gary Brown, Director
Water and Sewerage Department
RE: Rate Structure and Fees to Support DWSD FY 2020 Revenue Requirement
MOTION
Upon recommendation of Thomas Naughton, Chief Financial Officer, the Board of Water Commissioners for the City of Detroit Water and Sewerage Department, approves the proposed schedule of Detroit Retail Water and Sewerage charges consistent with the FY 2019-2020 revenue requirement and amended water and sewer system budgets approved by the Board of Water Commissioners on June 5, 2019 and also authorizes the Director to take such other action as may be necessary to accomplish the intent of this vote.
JUSTIFICATION
The proposed schedule of rates are based on the approved operating revenue requirements of
$120,098,700 for the Retail Water System and $347,329,000 for the Retail Sewer System in
FY2020. We are proposing a 2% increase in both the water and sewer rates.