WS - E - Sewer Rate Analysis

SEWER RATE ANALYSIS City of Tiffin, Iowa Proposed Funding: Iowa Finance Authority's SRF Loan Program. This program offers a 2% loan with a 20 year amortization Project Description: Sewage Treatment Plant Improvements <table> <tr> <th rowspan="2"> </th> <th colspan="4">Proposed Rate Increases</th> </tr> <tr> <th>Current Rates</th> <th>Year 1<br>5 % Increase</th> <th>Year 2<br>5 % Increase</th> <th>Year 3<br>5 % Increase</th> </tr> <tr> <td>Min. Bill Gallons</td> <td>0</td> <td>0</td> <td>0</td> <td>0</td> </tr> <tr> <td>Usage Rate per 1,000 Gallons</td> <td>$4.75</td> <td>$4.99</td> <td>$5.24</td> <td>$5.50</td> </tr> <tr> <td>Base Rate</td> <td>$19.50</td> <td>$20.48</td> <td>$21.50</td> <td>$22.57</td> </tr> <tr> <td>User Impacts</td> <td></td> <td></td> <td></td> <td></td> </tr> <tr> <td>2,000</td> <td>29.00</td> <td>30.45</td> <td>31.97</td> <td>33.57</td> </tr> <tr> <td>4,000</td> <td>38.50</td> <td>40.43</td> <td>42.45</td> <td>44.57</td> </tr> <tr> <td>6,000</td> <td>48.00</td> <td>50.40</td> <td>52.92</td> <td>55.57</td> </tr> <tr> <td>10,000</td> <td>67.00</td> <td>70.35</td> <td>73.87</td> <td>77.56</td> </tr> <tr> <td>25,000</td> <td>138.25</td> <td>145.16</td> <td>152.42</td> <td>160.04</td> </tr> </table> Key Assumptions