Page 2 - Sip Program News Today

The San Francisco Public Utilities Commission Meeting of february 13, 2024. So, we are calling the San Francisco Public Utilities Commission Regular meeting of february 13, to order. Roll call, please. President paulson, present. Vice president rivera is excused. Commissioner ajami, here. Commissioner maxwell, here. Commissioner stacy, here. We have a quorum. Thank you. So, before we get to the first item, i like to announce that the San Francisco Public Utilities commission we acknowledge that ...

The San Francisco Public Utilities Commission Meeting of february 13, 2024. So, we are calling the San Francisco Public Utilities Commission Regular meeting of february 13, to order. Roll call, please. President paulson, present. Vice president rivera is excused. Commissioner ajami, here. Commissioner maxwell, here. Commissioner stacy, here. We have a quorum. Thank you. So, before we get to the first item, i like to announce that the San Francisco Public Utilities commission we acknowledge that ...

The San Francisco Public Utilities Commission Meeting of february 13, 2024. So, we are calling the San Francisco Public Utilities Commission Regular meeting of february 13, to order. Roll call, please. President paulson, present. Vice president rivera is excused. Commissioner ajami, here. Commissioner maxwell, here. Commissioner stacy, here. We have a quorum. Thank you. So, before we get to the first item, i like to announce that the San Francisco Public Utilities commission we acknowledge that ...

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 to between 10 and 12 percent a y...

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...

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...

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...

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...