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HomeMy WebLinkAboutF-1.1. Annual Adjustment of Replacement Water Cost Adjustment Factor_ApprovedTO: FROM: DATE: F-1 INFORMATION ITEM HONORABLE CHAIRPERSON AND MEMBERS OF THE AZUSA UTILITY BOARD MANNY ROBLEDO, DIRECTOR OF UTILITIES�� JUNE 24, 2019 SUBJECT: ANNUAL ADJUSTMENT OF REPLACEMENT WATER COST ADJUSTMENT FACTOR BACKGROUND: The Replacement Water Cost Adjustment Factor (RWCAF) water rate schedule authorizes the recovery of replacement water costs incurred by Azusa Light & Water pursuant to the delivery of potable water to its customers from the Main San Gabriel Valley Water Basin. Effective July 1, 2019, the Replacement Water Cost Adjustment Factor (RWCAF) will be decreased from $0.5467 to $0.5318 per hundred cubic feet of water (CCF). The RWCAF is based on actual replacement water charges and assessments paid to the Main San Gabriel Basin Watermaster (Watermaster) and the San Gabriel Valley Municipal Water District (SGVMWD) and a projection of such charges through June 30, 2020. The RWCAF requires an annual calculation to be performed and the Director of Utilities to inform the Utility Board of any adjustments. RECOMMENDATION: Staff recommends the Utility Board take the following action: 1)Receive and file this information report. ANALYSIS: ALW is part of an adjudicated basin under the administration of a court appointed Watermaster. The rules of the adjudication give the Watermaster the authority to assess each acre foot of water produced in the basin a Resource Development Assessment (RDA) for the purpose of purchasing supplemental water. On May 1, 2019, the Watermaster Board approved a change in the RDA from $105 per acre foot in the current fiscal year to $140 per acre foot in FY 2019-20 for all water agencies in the Basin. The RDA of $140 per acre foot will be included in the RWCAF formula effective July 1, 2019 and will impact ALW assessments by an estimated $3,048,717. UB-29 Approved Utility Board 06/24/19 Annual Update of RWCAF June 24, 2019 Page 2 SGVMWD is responsible for importing and transmitting state water allocated to its members – Azusa, Monterey Park, Alhambra, and Sierra Madre. State water imported by the district satisfies about 40% of ALW’s demand. The March 2016 Water Rate Study performed for ALW by NBS, established a baseline Water Replacement cost for Replacement Water of $795,500. Based on the district rate of $200 per acre foot for FY 2019-20, this amounts to a baseline delivered water volume of 3,978 AF. Based on SGVMWD’s rate for water delivered by Watermaster, ALW’s cost to replace water pumped from the Basin is estimated to be $732,800 for FY 2019-20. By this memorandum, Staff is providing notice to the Utility Board, as required by the Water Rate Schedule, that the RWCAF was re-calculated and the new rate will be adjusted to $0.5318 for FY 2019-20 from the rate of $0.5467 set previously in January 2019. The RWCAF will be decreased to $0.5318 effective July 1, 2019 and will be applied to all water bills beginning the first billing cycle of the new fiscal year. Accordingly, ALW’s lower RWCAF will provide estimated total Replacement Water cost of $3,781,517 ($1,884,975 for City of Azusa production and $1,896,542 for Azusa Valley Water Company production). Calculations were based on FY 2019-20 projected water sales of 7,110,560 CCF. FISCAL IMPACT: The RWCAF is design to offset the costs of water supply against forecasted sales; therefore, the pass-through transaction will not have any anticipated fiscal impact. Prepared by: Reviewed and Approved: Judy Tran Manny Robledo Utilities Administrative & Financial Services Manager Director of Utilities Reviewed and Approved: Sergio Gonzalez City Manager Attachments: 1) RWCAF Worksheet UB-30 Replacement Water Cost Adjustment Factor (RWCAF) WorksheetFY 2019‐20 Annual Re‐CalculationWater Production (P)2018‐2019 Groundwater (CCF) Surface Water (CCF) Totals (CCF) FY Miller Production Jul‐18745,590 129,599 875,189               14‐151,297 Aug‐18846,208 ‐ 846,208               15‐161,258 Sep‐18777,130 201,430 978,560               16‐171,235 Oct‐18715,471 285,027 1,000,498            17‐181,221 Nov‐18649,157 259,973 909,130               18‐191,202 Dec‐18530,217 263,396 793,613               Jan‐19504,047 143,422 647,469               Feb‐19401,072 2,152 403,224               Mar‐19504,672 90,107 594,779               Apr‐19629,422 206,217 835,639               May‐19615,829 229,545 845,374               Jun‐19 *522,961 233,222 756,183               FY Total (CCF)7,441,776 2,044,090 9,485,866            FY Total (AF) *17,083.97 4,692.58 21,776.55            * Previous year production data shownIntegrated Production Rights (R)150,000Watermaster AssesWatermaster Assessments per AF:Pumping Right (AF)Pumping Component ShareDiversion Right (AF)Total Diversion & Pumping Rights (AF)RDA $140.00City of Azusa224.82 0.14988% 363.00 587.82 Watermaster Replacement Water$200.00Azusa Valley Water Co.10,144.49 6.76299% 3422.00 13,566.49 Upper District Replacement Water $958.00Miller1,800.71 1.20047% 14,154.31RWCAF  (R)City of Azusa Rights (AF) 587.82 (R) Azusa Valley Water Company Rights (AF) 13,566.49            (P)Production (less Miller) x 40% (AF) 8,229.82              (P) Production (plus Miller) X 60% (AF) 13,546.73            ($)Production x $140 RDA Assessment1,152,174.80$    ($)Production x $140 RDA Assessment1,896,542.20$    (W) = (R ‐ P)Replacement Water Obligation (AF) 7,642.00              (W) = (R ‐ P)***Replacement Water Obligation (AF)(20)(W) ‐ 3,978 AF baseline **Replmt Water Oblig. above baseline (3,978 AF) 3,664.00              **Replmt Water Oblig. above baseline (3,978 AF)‐ ($)Replmt Water Oblig. x $200 SGV Rate732,800.00$       Replmt Water Oblig. x $958 Upper Distr. Rate‐$RWCAF = Total ($)/(S) Total Costs/Total Estimated Sales (p/CCF) 0.2651$               RWCAF = Total ($)/(S)Estimated Sales 0.2667$                (S) Total Estimated Sales for FY19‐20 (CCF)7,110,560Total Est Assessment for FY19‐20 3,781,517.00$    WCAF for FY19‐20/CCF 0.5318$                CCF = Hundred Cubic FeetAF = Acre Feet (435.6 CCF)WM = Main San Gabriel Basin WatermasterSGV = San Gabriel Valley Municipal Water District* Previous year production data shown**ALW Water Division Rate Study performed by NBS in 2016 accounted for $795,500 in Replacement Water Requirement expenses ($185/AF would be 4,300 AF). At the current SGVrate of $200/AF, this would equal 3,978 AF. The RWCAF includes replacement water obligations above what is covered in existing water rates to maintain cost of service. See March 2016 NBS Water Rate Study Final Report ‐ Azusa Light & Water, Cost of Service Analysis ‐ Appendix C Table 18.***Replacement Water Obligation under USGVMWD is less than zero and leaves an excess of 20 AF of available water rights for cyclic storage or temporary leases.Safe Yield (AF) Adopted May 1, 2019San Gabriel Valley Municipal Water DistrictUpper San Gabriel Valley Municipal Water DistrictUB-31