HomeMy WebLinkAboutCity of Tamarac Resolution R-2021-097 Temp Reso. #13666
August 4, 2021
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• CITY OF TAMARAC, FLORIDA
RESOLUTION NO. R-2021 -
A RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF TAMARAC, FLORIDA, ESTABLISHING THE
ADJUSTMENT FACTOR TO BE APPLIED TO THE ANNUAL
WATER AND SEWER RATE SCHEDULE FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 2021; PROVIDING FOR
CONFLICTS; PROVIDING FOR SEVERABILITY; AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City of Tamarac operates and maintains public water and
wastewater facilities that provide service to certain properties located in the City of
Tamarac; and
WHEREAS, Chapter 22 of the City of Tamarac Code of Ordinances authorizes the
establishment of rates for the operation of the City's public utility system by resolution
after a duly noticed public hearing; and
WHEREAS, Section 22-96 (b) provides for an automatic adjustment of the water
and sewer rates annually pursuant to the U.S. Consumer Price Index Water and
Sewerage Maintenance Index; and
WHEREAS, Section 22-96 of the City of Tamarac Code of Ordinances provides
for the City Commission to use an adjustment factor other than the U.S. Consumer Price
Index Water and Sewerage Maintenance Index to be applied to the water and sewer rates
annually; and
WHEREAS, it is the recommendation of the Director of Financial Services and the
Public Services Director that the adjustment factor to be applied to the water and sewer
rates be effective October 1, 2021; and
WHEREAS, the City of Tamarac has performed a Revenue Sufficiency Analysis
for the Water and Sewer Utility System, titled the FY 2015 Water and Sewer Revenue
Sufficiency Analysis; and
Temp. Reso. #13666
August 4, 2021
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WHEREAS, the objective of the FY 2015 Water and Sewer Revenue Sufficiency II/
Analysis is to ensure that the Utility has sufficient annual revenues to meet its financial
requirements, and to identify a plan of future rate increases that would provide adequate
revenue to fund the Utility's operating, capital, debt service (including coverage), and
reserve requirements over a multi-year projection period; and
WHEREAS, the FY 2015 Water and Sewer Revenue Sufficiency Analysis indicates
that the Utility does not require a rate adjustment to meet its revenue requirements during
FY 2016 — FY 2018; and
WHEREAS, staff has reviewed its current operations, capital improvements, and
future cash flow needs and has determined that the utility system does not require a rate
adjustment to meet its revenue requirements for FY 2022.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF TAMARAC, FLORIDA THAT:
SECTION 1: The foregoing "WHEREAS" clauses are hereby ratified and
confirmed as being true and correct and are hereby made a specific part of this Resolution
upon adoption hereof.
SECTION 2: The water and sewer rate schedule currently in effect shall have an
adjustment factor of zero (0) percent applied to it for the fiscal year beginning October 1,
2021.
SECTION 3: All Resolutions or parts of Resolutions in conflict herewith are hereby
repealed to the extent of such conflict.
SECTION 4: If any clause, section, other part or application of this Resolution is
held by any court of competent jurisdiction to be unconstitutional or invalid, in part or
application, it shall not affect the validity of the remaining portions or applications of this
Resolution.
SECTION 5: This Resolution shall become effective on October 1, 2021.
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Temp Reso. #13666
August 4, 2021
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III
PASSED, ADOPTED AND APPROVED this 2,54 day of AZ(ac.Ssy , 2021.
CITY OF TAMARAC FLORIDA
lAig,
MIC ELLE J. GO Z, MAYOR
ATTEST:
/ - /
JE NNER JOHNSON, CMC
CIIV/CLERK
RECORD OF COMMISSION VOTE:
MAYOR GOMEZ
DIST 1: COMM. BOLTON ,C-J3
. DIST 2: COMM. GELIN ''
DIST 3: V/M. VILLALOBOS .. 'S
DIST 4: COMM. PLACKO J�
I HEREBY CERTIFY THAT I HAVE
APPRO ED THIS RESOLUT ON
AS TO O _---
JOHN fR.\H
CITY ORNEY