City Of Phoenix Water Rates June 30, 2011.pptVIP

City Of PhoenixWater RatesJune 30, 2011 Denise Olson Deputy Finance Director Finance Department Agenda City of Phoenix Water System Overview Legal Requirements Industry Standards Rate Setting Process Reasons for Last Rate Increase Water Rates Rate Comparisons Phoenix Water Services Background Service Area: 540 square miles System Includes: 6 treatment plants 7,000 miles of water mains 21 active wells 109 water pump stations 53,000 fire hydrants Fiscal Year 2011-12 Budget: $411 million Number of positions (2010-11): 803 Net Assets FY 2010 = 1.2 billion AAA Bond