Correspondence between

"Nicolette Bateson" <ba heights net>> Siva Ath Sent: Friday, February 13, 2015 1:53:06 PM

xxxEND_PAGE:treasury01_b27_4112_4389_215 >> >> >> >> >> Actually, my quick take is about 8%. >> >> >> >> >> >> Some background: >> >> When Flint left, the annual revenue profile for the Water System was initially reduced by $12.5 million, However, we immediately recalculated the rate for Genesee County (recognizing their higher demands), to effectively “claw back” about $2 million of the reduction, so the net Flint impact is ~ $10.5 million, or just under 2.5% of the >> (reduced) Water System rate revenue. Assuming that same amount could be replaced, and all else being equal, the “system rate increase” could be reduced by about 3 percent, with a bit more of the reduction occurring in the suburban wholesale rate structure. Safe to say that (again, absent any other changes) the average suburban water rate increase would be closer to 8 percent compared to the current 11.1%. >> >> >> >> >> >> Hope this helps... >> >> >> >> -- Bart Foster >> President >> THE FOSTER GROUP >> (913) 345-1410 >> (913) 345-1640 fax >> (913) >> < > >> >> >> Please note that the information in this message along with any attachments are intended for the exclusive use of the addressee and may contain confidential or privileged information. If you are not the intended recipient, please do not forward, copy or print the message or its attachments: notify me at the above address and delete this message and any attachments. >> Thank you. >> >> >> >> >> >> On Feb 12, 2015, at 7:02 PM, Bart Foster < >

> > > > > Actually, my quick take is about 8%. > > > > > > Some background: xxxEND_PAGE:executiveofficeemails19_b217_525_528_2 > > When Flint left, the annual revenue profile for the Water System was > initially reduced by $12.5 million, However, we immediately > recalculated the rate for Genesee County (recognizing their higher > demands), to effectively “claw back” about $2 million of the > reduction, so the net Flint impact is ~ $10.5 million, or just under > 2.5% of the > (reduced) Water System rate revenue. Assuming that same amount could > be replaced, and all else being equal, the “system rate increase” > could be reduced by about 3 percent, with a bit more of the reduction > occurring in the suburban wholesale rate structure. Safe to say that > (again, absent any other changes) the average suburban water rate > increase would be closer to 8 percent compared to the current 11.1%. te Hope this helps... VVVV VV Vv > >-- Bart Foster > President >THE FOSTER GROUP > (913) 345-1410 > (913) 345-1640 fax tell > Please note that the information in this message along with any > attachments are intended for the exclusive use of the addressee and > may contain confidential or privileged information. If you are not > the intended recipient, please do not forward, copy or print the > message or its attachments: notify me at the above address and delete > this message and any attachments. > Thank you. > > a ~ > On Feb 12, 2015, at 7:02 PM, Bart Foster < rn > wrote: > VvVvVVV Vv xxxEND_PAGE:executiveofficeemails19_b217_525_528_3 > > Bob - in transit but will review and reply this evening. > > Sent from my iPhone > > > > On Feb 12, 2015, at 3:44 PM, Daddow, Robert < [email protected] >