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<br />The commission conducted a public hearing on the proposed draft budget for FY14 and <br />subsequently adopted the budget on April 12, 2013. The commission’s adopted budget is <br />available at the City Manager’s Office and online at http://www.eugene- <br />or.gov/DocumentCenter/View/12058 . The budget reflects the continuing focus on design and <br />construction of capital improvements in the approved 2004 Facilities Plan. The Plan identified <br />improvements needed to ensure the operation of the Regional Wastewater Facilities meets <br />increasing environmental regulations. The improvements identified in the Plan also ensure the <br />collection and treatment capacity will be available to provide for growth in the service area. The <br />adopted budget includes the financial resources necessary to support the regional program. The <br />personnel, operations and maintenance, and capital budget increases by 1.1 percent from the <br />FY13 budget. <br /> <br />During the April 12 meeting, the commission approved an overall three percent increase in the <br />regional wastewater user rates to generate revenue for the proposed budget and, pursuant to the <br />recommendations of the MWMC financial advisor, to address needs for future Capital <br />Improvement Program (CIP) financing consistent with the Commission’s Financial Plan policies <br />and net revenue objectives. The revenues generated by the user rate increase are consistent with <br />the MWMC's approved financial plan to maintain an unenhanced credit rating of A and adequately <br />fund operations, administration, capital financing, debt service, and reserves. <br /> <br /> <br />RELATED CITY POLICIES <br />This action item is related to the City Council goals of "Sustainable Development," "Effective, <br />Accountable, Municipal Government" and “Fair, Stable and Adequate Financial Resources.” <br /> <br /> <br />COUNCIL OPTIONS <br />1. Approve motion to ratify the FY14 MWMC budget. <br />2. Return the FY14 MWMC Regional Wastewater Program Budget and Capital Improvements <br />Program to MWMC with specific requests for modification and reconsideration. <br /> <br /> <br />CITY MANAGER’S RECOMMENDATION <br />Ratify the proposed FY14 MWMC Budget and Capital Improvements Program. <br /> <br /> <br />SUGGESTED MOTION <br />Move to ratify the FY14 MWMC Budget. <br /> <br /> <br />ATTACHMENTS <br />A.Transmittal Letter <br /> <br />B.MWMC FY14 Proposed Regional Wastewater Program Budget and Capital Improvements <br /> <br />Program – Copy Available in City Manager’s Office and online at http://www.eugene- <br />or.gov/DocumentCenter/View/12058 <br /> <br /> S:\CMO\2013 Council Agendas\M130513\S1305133C.doc <br /> <br />