Page 10 - Service Study News Today

And we havent had any major schedule glitches associated with those shutdowns to date. We have achieved level of service on 33 of the 44 projects to date, so right now were about 70 percent in terms of level of Service Achievement on the seismic reliability goal. By the end of this goal well be more like 90 percent, which is a major accomplishment and of course we wont reach final until 2018. Then thank you, commissioner, for acknowledging the safety rate with a rate at less than half the indust...

Have gone up by 2 to 3 percent each year. Here is the average bill, the pronouncement again is much smaller again because water consumption assumption has gone down. Interesting again just the components of the sewer bill. You have your 24 7 operations, your revenue funded service. The commission has only taken action on phase i, but we have included in all of our projections here if there were an approval on phase ii and phase iii just so you know phase ii and phase iii are included in our cost...

Construction and we have completed construction on 65 projects worth about a billion dollars or actually 1. 3 billion. Now, as always we have a number of accomplishments to report. Rather than read off of these off to you, i just want to highlight the last 3 bullets. First of all our risk does continue to come down as we complete these projects and we complete the shut downs associated with these projects. In fact, weve completed 176 of approximately 200 shut downs and we havent had any major sc...

The average bill goes down. You will see in the far right column compared to 3 years ago and the second to the right column compared to last year folks are using between 5. 2 and 5 1 2 units per month, that has translated into lower costs for them. Thats an important point to make. Even though there are higher rates that were projecting in later years, that is currently being offset with lower useusage. I have a question on that. So the refunding of the bonds thats going to happen, will that aff...

On the seismic reliability goal. By the end of this goal well be more like 90 percent, which is a major accomplishment and of course we wont reach final until 2018. Then thank you, commissioner, for acknowledging the safety rate with a rate at less than half the industrial average. We went out to the field and issued certificates to the active construction teams and there are some happy faces and proud moments for those folks because this is a major accomplishment, including the construction tea...

Phase iii just so you know phase ii and phase iii are included in our cost projection. Heres the combined story. The combined story again is water and sewer together, the rate changes once you look at both of them combined are going from what we had told you last year of right around 10 percent to between 10 and 12 percent a year. Again we will bring these rate changes back to you in the next 2 to 3 years once we have our retail cost of Service Study and in the interim period between now and the...

Organization and rate payers money. In 2012 a couple years ago we received the authorization to refund up to 500 million in bonds from the board of supervisors. We used a little bit of that in that year, 2012, so we are coming forward to you today to use the rest of that existing authorization. So what were proposing is to request from you an approval of to refund up to 450 Million Dollars of outstanding bonds. We look forward to bringing that to the market probably next month in march. They wil...

You have your 24 7 operations, your revenue funded service. The commission has only taken action on phase i, but we have included in all of our projections here if there were an approval on phase ii and phase iii just so you know phase ii and phase iii are included in our cost projection. Heres the combined story. The combined story again is water and sewer together, the rate changes once you look at both of them combined are going from what we had told you last year of right around 10 percent t...

Which would we have to make a decision on, what information would we need to be queued up to more deeply explore those two options . Were developing that information for you now so we hope to come back a couple meetings from now and start having a discussion what it would look like. When you have a discussion about rate structures you need to look at what are all the options available to you and balance that against you just mentioned, theres a belief that theres a conservation rate, a volume me...

Of level of Service Achievement on the seismic reliability goal. By the end of this goal well be more like 90 percent, which is a major accomplishment and of course we wont reach final until 2018. Then thank you, commissioner, for acknowledging the safety rate with a rate at less than half the industrial average. We went out to the field and issued certificates to the active construction teams and there are some happy faces and proud moments for those folks because this is a major accomplishment...