Item Coversheet

12.B.


Shakopee City Council
AprilĀ 18, 2017


FROM:Darin Nelson, Finance Director
TO:Mayor and Council Members
Subject:
Review of Long-Range Forecasts for the Sanitary Sewer and Surface Water Enterprise Funds
Policy/Action Requested:
Build consensus towards both modifying the current working capital target balances and defining Sanitary Sewer and Storm Drainage utility rate structures.
Recommendation:
Modification of the current working capital target balance along with a restructuring of the Sanitary Sewer rates as presented in Scenario 3 of the attached document.  No changes to the Storm Drainage structure or rate. 
Discussion:
See attachment.
Budget Impact:
None.
ATTACHMENTS:
Description
Enterprise Funds Analysis