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This article gives a very detailed and accurate timeline from when the city decided to stop buying water from DWSD to today. -Rob xxxEND_PAGE:treasury01_b35_5648_6098_067

FYI — yesterday the Genesee County Board of Commissioners released the attached public health advisory for residents concerning lead in Flint Water. It states one of the common health effects on children is brain damage resulting in IQ loss, learning disabilities, hyperactivity, inability to concentrate, and/or behavior problems. A copy is on in our share drive — V:\LGOV\OFR\Cities\City of Flint\KWA Water Authority Robert Widigan Local Government Financial Services Division Michigan Department of Treasury Office (517) 373-3227 Cell (517) 243-8645 21 xxxEND_PAGE:treasury01_b37_6553_6782_188 Widigan, Robert (TREASURY)

Report estimates it will cost the city of Flint $1.5 billion to repair the damage done since the switch to the Flint River as a water source: Here is a link to the site with the repot: Robert Widigan Local Government Financial Services Division Michigan Department of Treasury Office (517) 373-3227 Cell (517) 243-8645 xxxEND_PAGE:treasury01_b37_6553_6782_187 Koryzno, Edward (Treasury)

Robert Widigan Local Government Financial Services Division Michigan Department of Treasury Office (517) 373-3227 Cel xxxEND_PAGE:treasury01_b37_6553_6782_110 Natasha L. Henderson City Administrator Jason Lorenz Public Information Officer Office: (810) 237-2039 Cell: (810) 875-2576 For Immediate Release [email protected] City of Flint Issues Lead Advisory Flint, Michigan — September 25, 2015 ~ The City of Flint is issuing a Lead Advisory for residents to be aware of lead levels in drinking water after hearing concerns from the medical community. While the City is in full compliance with the Federal Safe Drinking Water Act, this information is being shared as part of a public awareness campaign to ensure that everyone takes note that no level of lead is considered safe. The Genesee County Health Department has issued a fact sheet regarding lead precautions for residents. The fact sheet can be found on their website at www.gchd.us. Here are a few of the suggestions the Health Department recommends: = Flush your cold-water pipes by running the water for approximately 5 minutes « Use only water from the cold-water tap for drinking, cooking, and especially for making baby formula. * Install a water filter that is NSF-certified for lead removal. Lead contamination can leach into water from a home’s lead water service lines, lead solder, and leaded plumbing materials including fixtures, faucets, and fittings. Older service lines with pipes and fixtures installed before 1986 can sometimes be more susceptible to lead issues due to materials used in the home such as lead based paint and lead pipes. This message is meant as a precaution to residents and does not mean that all homes in the City will experience the same issue. Residents with concerns abo service lines City Hall 1101 S. Saginaw Street - Flint, Michigan 48502 810-766-7346 FAX: 810-766-7218 www.cityofflint.com xxxEND_PAGE:treasury01_b37_6553_6782_111 Dayne Walling nt uw Natasha L. Henderson Mayor ue City Administrator and lead in home plumbing fixtures are encouraged to contact the City’s Utilities Division to schedule a free water testing by calling the Water Treatment Plant at 810-787-6537 and pressing #1 after prompted or by emailing The City of Flint is working proactively along with the County Health Department, the Michigan Department of Environmental Quality, and the U.S. Environmental Protection Agency to improve the water system throughout the City. An accelerated plan to add a corrosion control agent to our water within 30 to 60 days with expedited approval from the Michigan Department of Environmental Quality is already underway. This will reduce corrosion which can cause lead in old pipes to leach into the water. This plan is in addition to Mayor Walling’s letter requesting $30 Million in water infrastructure assistance funding from the State of Michigan. $10 Million of that request would be for the replacement of lead service lines in households to ensure that lead no longer presents a danger to the drinking water of our residents. As the letter states, “It is the City’s position that the abatement of lead through the removal of lead containing pipes and fixtures in homes is the best long term solution to keeping our residents’ water safe.” Mayor Walling further stated: "| am extremely concerned about the risks around lead with Flint's children and | will be working tirelessly to ensure the water is safe and all of our families have the information they need. | also will continue to pursue funding for infrastructure improvements and a comprehensive healthy homes initiative that addresses lead in paint and pipes. We have to get the lead out of our community to eliminate the threat of childhood lead poisoning." The City of Flint continues working proactively with the County Health Department, the Michigan Department of Environmental Quality, and the U.S. Environmental Protection Agency to improve the water system throughout the City. The City remains committed to working with all of our partners in the Water Technical Advisory Committee to address all City Hall 1101 S. Saginaw Street - Flint, Michigan 48502 810-766-7346 FAX: 810-766-7218 | www.cityofflintcom xxxEND_PAGE:treasury01_b37_6553_6782_112 Natasha L. Henderson City Administrator issues of public health and quality concerns that face the community. Updates on progress made in addressing this issue will be made during regular public meetings including City Council and other scheduled meetings. Information on this and all related matters will continue to be posted on the City of Flint's website, cityofflint.com. -END- City Hall 1101 S. Saginaw Street - Flint, Michigan 48502 810-766-7346 FAX: 810-766-7218 www.cityofflin.com xxxEND_PAGE:treasury01_b37_6553_6782_113 Genesee County Health Department Mark Valacak. M.P.H., Health Officer Gary K Johnson, M.D., M.P.H . Medical Director How does lead get into my tap water? Under typical circumstances, lead will dissolve into the water. The concentration of lead in drinking water can vary greatly, depending on the corrosiveness of the water, the type and age of the plumbing materials and the length of time that the water stands in the pipes. The highest levels of lead occur when very corrosive water stands motionless in lead or lead soldered pipe for long periods of time. How do | know if my tap water is contaminated with lead? The only way to know whether your tap water contains lead is to have it tested. You cannot see, taste, or smell lead in drinking water. There are different sampling methods for sampling lead in drinking water. To determine your household risk, it is recommended to take a first draw sample. Does lead in my tap water cause health effects? Lead can cause damage to the brain, red blood cells and kidneys. The greatest risk is to young children and pregnant women. Amounts of lead that won't hurt adults can slow down normal mental and physical development of growing bodies. Lead in water can be a special problem for infants, whose diets may be mostly liquids, such as baby formulas or concentrated juices mixed with water. Smaller bodies can absorb lead more rapidly than bigger ones. A child's mental and physical growth can be permanently harmed by too much lead. Risk will vary, depending on the individual, the circumstances, and the amount of water consumed. What can I do to reduce or eliminate lead in my tap water? Flush your cold-water pipes by running the water for approximately 5 minutes. The longer the water has been sitting in the pipes, the more lead it may contain. You can fill containers for later use, after the flushing process. Use only water from the cold-water tap for drinking, cooking, and especially for making baby formula. Hot water is likely to contain higher levels because it dissolves more lead. You may choose to install a water filter that is NSF-certified for lead removal. If a water filter is installed, replace filters at least as often as recommended by the manufacturer. Buy a lead-free faucet. The legal definition of "lead-free" still allows brass faucets to contain up to 8 percent lead. However, faucets marked with "NSF 61/9" and/or "California Proposition 65" meet stricter limits. Regularly clean particles from faucet aerators. xxxEND_PAGE:treasury01_b37_6553_6782_114 Is it safe to take a bath or shower, if my water has high lead levels? Yes. Bathing and showering should be safe for you and your children, even if the water contains lead over EPA’s action level. Human skin does not absorb lead in water. This information applies to most situations and to a large majority of the population, but individual circumstances may vary. Some situations, such as cases involving highly corrosive water, may require additional recommendations or more stringent actions. Who do I contact for more information? The local water authority is always your first source for testing and identifying lead contamination in your tap water. You can visit the City of Flint Website at www.cityofflint.com or contact the Flint Water Department at 810-787-6537. WWW.EPA.GOV WWW.MDEQ.GOV xxxEND_PAGE:treasury01_b37_6553_6782_115 Dostine, Patrick (TREASURY)

All, This photo was taken in the city of Flint, on Corunna Rd east of Ballenger Hwy. This is allegedly after five hours of flushing. Just by looking at the amount of water in the grass and on the road, it has definitely been open for a while. xxxEND_PAGE:treasury01_b37_6553_6782_103 idigan Robert W. Tvision ices D: al Serv chigan Department of Treasury inanci: Local Government F; Sent from my iPhone xxxEND_PAGE:treasury01_b37_6553_6782_104 Byrne, Randall (T. reasury)

Ed, After review of Flint’s FY 2015-16/2016-17 budget there is a line item for the Carter Commission (page 32/70 in attached PDF.) FY 2015 projected budget is $10K, FY 2016 amended budget is $49K, and FY 2017 is budgeted at $0. lf further information is desired please let me know. Thank you, Rob, Robert Widigan | Office of Fiscal Responsibility State of Michigan | Department of Treasury 430 W. 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Importance: Low FYI — warn theyll go t.html xxxEND_PAGE:treasury01_b24_3567_3629_41 Jason Lorenz Public information Officer (810) 237-2039 For Immediate Release [email protected] City of Flint Moves Ahead with $5 million in Water Treatment Improvements Flint, Michigan — April 16, 2015 ~ Emergency Manager Jerry Ambrose, with approval from the Department of Treasury, has authorized a contract with LAN, the City’s consulting engineers, to immediately proceed with design and installation of granulated activated carbon filter for the Water Treatment Plant. Installation of the filter was one of the primary recommendations from Veolia and others as a means to help assure that City water will continue to be within EPA guidelines. Installation is scheduled to begin in Mid-June, with completion by mid-July. Other action steps are also underway at the plant, including cleaning plate settlers, repairing the clarifier, and adjusting chemical dosing and levels as also recommended. Additionally, a contract is being finalized for the water main leak detection project, hydraulic modeling and flushing is underway, and bids for the replacement of 2 miles of major pipe are being reviewed. Nearly $5 million has been budgeted to implement these actions, which in large measure are the ongoing types of action necessary to maintain the water treatment and distribution system. $2.1 million of this amount is budgeted for replacement of the pipe along Dupont St., and $1.6 million is budgeted for the GAC, with $900,000 budgeted for water main leak detection. Actual replacement of the pipe is scheduled to begin in June, and to be completed by early September. —CONTINUE- City Hall 1101 S. Saginaw Street - Flint, Michigan 48502 810-766-7346 FAX: 810-766-7218 | wwwacityofflint.com xxxEND_PAGE:treasury01_b24_3567_3629_42 These steps are all part of the action plan recently released by the City as it continues its work to maintain the safety of the water and improve its quality. Recent testing has shown that Flint’s water is meeting all regulatory safety standards, with TTHM levels being significantly below the maximum level accepted. The measures that have been taken to date by the Flint Water Plant staff have resulted in a significant improvement in the quality of Flint water since last summer. “Both the hardness and TTHM levels are at the lowest point since the switch to the Flint river last April,” said DPW Director Howard Croft. “Installing the GAC filter, in addition to these other steps, wiil further bolster the positive direction we are moving in to continue improving the quality of water in the City.” -END- City Hall 1101 S. Saginaw Street - Flint, Michigan 48502 810-766-7346 FAX: 810-766-7218 = www.cityofflint.com xxxEND_PAGE:treasury01_b24_3567_3629_43 Stanton, Terry A. (Ti reasury)

Thanks! Edward B. Koryzno, Jr. | Director - Bureau of Local Government Services State of Michigan | 430 W. Allegan Street, 3rd Floor | Lansing, MI 48922 (517) 373-4415 | (517) 373-0633 (fax) KoryznoE@ michigan. gov = Think Green! Don't print this e-mail unless you need to. CONFIDENTIALITY NOTICE: This e-mail, and any attachments, is for the sole use of the intended recipient(s) and may contain information that is confidential and protected from disclosure under the law. Any unauthorized review, use, disclosure, or distribution is prohibited. If you are not the intended recipient, please contact the Sender by reply e-mail, and delete/destroy all copies of the original message and attachments, Thank you

All, | was able to reach Liz Murphy; she said the water advisory committee will meet Thursday, March 5 from 2-4 PM in the Mass Transportation Authority auditorium, 1407 South Dort Highway. Flint, Ml. | will discuss the details with Randy. Regards, Robert Widigan | Office of Fiscal Responsibility State of Michigan |Department of Treasury 430 W. Allegan Street|Lansing, MI 48922 Office (517) 335-2130 | Cell (517) 243-8645 | [email protected] CONFIDENTIALITY NOTICE: This e-mail, and any attachments, is for the sole use of the intended recipient(s) and may contain information that is confidential and protected from disclosure under the law. Any unauthorized review, use, disclosure, or distribution is prohibited. {f you are not the intended recipient, please contact the sender by reply e-mail, and delete/destroy ail copies of the original message and attachments. Thank you.

Please contact Jerry Ambrose to obtain the details of this meeting which is scheduled to take place next week. Wayne wants a someone from OFR to attend and “take notes”. You two can decide which one of you will attend. Edward 8. Koryzno, Jr. | Director - Bureau of Local Government Services State of Michigan | 430 W. Allegan Street, 3rd Floor | Lansing, MI 48922 (517) 373-4415 | (517) 373-0633 (fax) Koryzno! ichigan,gov 5 Think Green! Don't print this e-mail unless you need to. CONFIDENTIALITY NOTICE: This e-mail, and any attachments, is for the sole use of the intended recipient(s) and may contain information that is confidential and protected from disclosure under the law, Any unauthorized review, use, disclosure, or distribution is prohibited. If you are not the intended recipient, please contact the sender by reply e-mail, and delete/destroy all copies of the original message and attachments. Thank you 26 xxxEND_PAGE:treasury01_b27_4112_4389_233 February 27, 2015

Finish what you have right now

Importance: High All, { just received the below from Liz. Rob

Importance: High Jerry is saying they do not agree with the $28M in fund equity for 2014. The numbers | used came directly from their audit. Rob

| will get ahold of Jerry or Liz first thing. Thank you, Rob

Robert below is an email from Dennis Muchmore which contains questions that we need to get the answers

Ed/Randy, Liz sent me this — may be useful. Robert Widigan| Office of Fiscal Responsibility State of Michigan | Department of Treasury 430 W. Allegan Street | Lansing, MI 48922 Cell (517) QB [email protected] ~ xxxEND_PAGE:treasury01_b27_4112_4389_135 Koryzno, Edward (T Treasury)

MEDIA ADVISORY: City of Flint Transition to Flint River Water Ceremony WHERE; Flint Water Treatment Plant, 4500 N, Dort Hwy, by Stewart Ave. WHEN: Friday, April 25, 2014 at 2:00pm Description: The City of Flint is holding a ceremony tomorrow to officially begin the transition to use of the Flint River by shutting the valve to the ititake pipé from Detroit, The DEQ has given Flint final authorization to begin water distribution from the Flint Water Treatment Plant, City, Genesee County, and Michigan Department of Environmental Quality officials will be on hand to witness this historic event and answer media questions, xxxEND_PAGE:treasury02_b4_231_338_009 000240 -dason Lorene Public Information Officar Cily of Flint (810) 237-2039 | p.co xxxEND_PAGE:treasury02_b4_231_338_010 000241 Darnell Earle Payne Walling ICMA-CM, MP. Moyor Emergency Manager Jason Lorenz Public Information Gfficer (810) 237-2039 jlorenz@cityofflintcom For ltimediate Release City of Flint Officially Begins Using Flint River as Temporary Primary Water Source Flint, Michigan — April 25, 2074 — For the firsi lime in fifty years, ive Gity of Flint is usina the Flint River—part of the Saginaw River watershed—as a primary water source for clty residents. Today the valve to the pipeline from Detroit was closed and the Flint River officially became Flint's Water supply. The temporary switchaver is scheduled to suppart the sily’s primary water needs forthe next two years While construction of the forthcoming pipeline from Lake Huron is completed by Karegnondi Water Authority. Officials from the City of Flint, the Genesee County Drain Carmmission and the Michigan Department of Environmental Quality were all on hand to witness the historic event. The Flint River was once the primary source of water for city residenis up to the 1960s, Over the past 40 years, it has provided water to city residents as a back-up to water provided to us by Detroit. During our partnership wilh Detroit, Flint has had to transition to the use of the Flint River for residential water on a few different occasions, With the most recant temporary switchover happening in 2009. Each temporary stint on local water proved iliree things to city employees and residents alike: That a transitiori to local river water could be done seamlassly, and that it was both sensible and safe for us to Use our own Water as a primary water source in Flint. -CONTINUE— City Hal) (701 S. Saginaw Street - Flint, Michigan 48562 §10-766-7346 FAX? S1-746-7258 WAVY CIES OFT Lette xxxEND_PAGE:treasury02_b4_231_338_011 000242 Darnell Earta Daye Walling loma-cm, pied Mayor Emergency Manager Even with a proven track fecord of providing pariectly good water for Flint, there still remains lingering Uncertainty about the quality of the water. In an effori todispel myths and promote the truth aboutthe Flint River and its Viability as a residential water resource, there have been numerous studies and tests conducted on its water by several different independent organizations. In addition to What has been found in independent studies, it isalso the responsibility of the City of Flint Water Service Center to continually test the water provided to city residents. Michael Prysby of the Michigan DEQ Office of Drinking Water verified that “the quatity of the water being pul cul meets all of our drinking water standards and Flint water is safe to drink,” Far nearly 10 years Mike Glasgow has. Worked in the laboratory at the City of Flint Water Service Center. He has run countless tesis on our drinking water ta ensure its safety for public Use Mike has not only conducted tests on water provided to us by Detreit, but also on local water from nearby rivers, lakes and streams including the Flint River. When asked if over the lasi decade if he has seen any abnormalities of major concer in the water, his response was an emphatic, “No.” In his words, “there has been nothing seen that was of major concem," during his angging tenure working in the lab, “The tests results have shawn that ourwater is not only safe, buf of the high quality that Flint customers have come to expect," announced DPW Director Howard Croft, “we are proud of the end result.” Apart from the water plant's devotion to ensuring that our water fs good, Flint is doubly blessed in having the Flint River Watershed Coalition as a separate organization —CONTINUE— City Hall ) 101 §, Saginaw Strent - Flint, Michigan 48502 3) 0-766-7346 FAX: 810-766-7218 © wyweeilyofflini com xxxEND_PAGE:treasury02_b4_231_338_012 000243 Dernalt Earle: Hayne Walling 1CMA-CN, MNP. Mayor Emerygoncy Monoger dedicated ta monitoring the overall welfare of local bodies of water, overseeing more than 30 different nearby locations. Rebecca Fedewa has been direclor of the walershed caalillan since 2008, By virtue of her passion for her work and her posilion on the board, she |s very conversant with the condition of the Flint River, In her words, ‘The Flint River is Increasingly healthy, sand completely sulfable as a drinking waier source." Fedewa and FRWC are working closely with the city “to mianitor flaws and habitats beiween the intake and the Waste Water treatment plant to ensure there are minimal to no impacts to the overall heatti of the river.“ FRWE alsa invites city residents to be a part of their monitoring exercises during this spring in order “fo gain firsthand knowledge in the health and vitality of our Flint River.” Mayor Dayne Walling invited everyone at today’s event to toast to Flint's water. "Ws regular, good, pure drinking water, and it's righi in our backyard,” said Mayor Walling, “this is the first step in the right direction for Flint, as we take this monumental step forward in controlling the future of our community's most precious resource.” —END— ; City Hall L101 S, Sagmmaw Street - Flint, Michigan 48902 310-766-7346 FAR, B10-766°7218 — wory-cityo Minicom xxxEND_PAGE:treasury02_b4_231_338_013 RAFTELIS * Hie 4 TOM awe y Rate Stud ye Wa nad:Wa Fi 201 Jun eport| “Water.a A a 2:79, nal R xxxEND_PAGE:treasury02_b4_231_338_014 000245 TABLE OF CONTENTS 1. EXECUTIVE SUMMARY .....ccccccccccsceseeee Jetiseie EES ae OT ny | 7.1 BACKGROUND OF THE STUDY he! 1.2 ADEQUACY OF EXISTING WATER AND WASTEWATER REVENUES .........ccu0 x 1.3 WATER AND WASTEWATER FINANCIAL PLANS wad 1.4 COST OF SERVICE STUDY AND WATER AND WASTEWATER RATES......-0-rere0s 4 1.5 TRANSITION FROM DWSD TO KWA 6 4.6 WATER AND WASTEWATER UTILITY OPERATIONS 4ND BEST MANAGEMENT PTR A eo FR Eada xe veceasbyecessv eb ties sndthanpemnerssGnupsasoe dndsvajesesussvuvin dgracbadaniy ua duis rnbapstiSWaTaNPr pied {eves TO 2. INTRODUCTION AND STUDY OBJECTIVES........., abesdatarivee 4 2 2.1 INTRODUCTION ...,.csseesee Fa smmesttissdis " SFB TS BUOY OB eis IVES cise iccssssspenmrvees ensvonnibges 12 3. WATER AND WASTEWATER UTILITY FINANCIAL PLANS. ........012 3.1 THE FINANCIAL PLANNING PROCESS.) ..ciuses WaAcaasbia Hitbna RINAAWTIGeuDATCNEeA bom ONES 12 3.2 WATER UTILITY FINANCIAL PLAN. 13 2.2.1 Forecast Water Units of Service and Revenue at Existing Rates... 3.2,2Forecast of Water Operation and Maintenance Expenditures , 3.2.3Water Utility CIP and GIP Financing... 3.2,4Water Gasti Flow Forecast ......ceenes WAdOt a Waxenemnegpoennn teens ‘ 3.3 WASTEWATER UTILITY FINANCIAL PLAN, itso’ 3.3.1 Forecast Wastewater Units of Service and Revenwes at Existing Rates... 6 54 3.3.2Forecast Wastewater Utility Operation anti Maintenance Expendltures ......cssesse 40 B,S.SWastewater Utility CIP atid CIP Fimancdng ee, sesiyy AZ 3,3.4Wastewater Cash Flaw Forecasts... den nanaacr tt cikeavabclresansus sone SS 4. WATER UTILITY COST OF SERVICE STUDY dT 4.1 WATER REVENUE REQUIREMENT FROM RATES 4? 4.2 WATER REVENUE REQUIREMENTS BY CUSTOMER CLASS 4g 4.2.1048M Allocation to Function Categories OO 4.2,.208M Allacation to Cost COMPOMEMES iecorcerseeeerseeee 4,2,3Capital Cost Allocation to Funtétional Companents........ ioveababviad 4.2 4Capital Cost Allocation to Cost Component «63 4.2.5Non-Rate Reveniie Allocation to Cost Component... ~§3 4.2.8Determination of Maximum Day and Hour Peaking Factors... SA City of Flint xxxEND_PAGE:treasury02_b4_231_338_015 000246 4.2.7 Calculation of Units of Service Sie G2, BU ei Cost of Service i.e citi hla tinct Sa 4.2.9Revenae Requirements by Customer Class .........., 7 MS’ MYA TER FATE DESIGN a cesescarsescusesetce te ID 4.3.1 Volumetric Rate Calculations OO 4,3.2Fixed Charge Caloulatlois........ 44.3Summary of Existing and Forecast Water Rates 43, AProjected Residential Water BUNS .. sera seer OB WASTEWATER UTILITY COST OF SERVICE STUDY. * 6.1 WASTEWATER REVENUE REQUIREMENT FROM RATES .............. ane 5.2 WASTEWATER REVENLIE REQUIREMENTS BY CUSTGMER CLASS ....... cece 69 5.2,108M Allocation to Function Catagories pesipimeoiapehig Oe 5,2. 208M Allocation to Cost Camm PonBits ....-crncaeeernnercen — ipaieeenieianisibtcecet 5.2.3Capital Cost Allocation to Functional Components .....—ncernreernrnene sarah etetnatioectonsanieed D 6.2.4 Capital Cost Allocation to Cost COMmpOme|ntts EM 5.2,5Non-Rate Revenue Allocation to Cast COMpPONeNts —..ccarecwenenrr epcguaatatinnt L B.2.SPlant Satan ce Araalysis TE §.2.7 Calculation of Units of Service sun 5. Z.BUnit Cost Of Service... ebb ins seeoniowareuiiiniba kD 5.2.9 Revenue Requirements by Customer Chab, Gi reduvn stan vised neebccacessytithcewedisy areotadien ttle 74 5.3. WASTEVVAT ENC RATE DESIGN i sessta sors yersevesiniecd sure 75 5.3.1 Volumetric Rate Cain ulations nies pachshinchviapianeiiin te 5.3,2Fixed Charge Calculations... rssrresetesnes See eet are er een eet eee aasvoneeseieabaanss TO 5.3.3Summary of Existing and Forecast Wastewater Rates... asc BO 5.3,4Projected Residential Wastewater Bills cc BO DISCUSSION OF BEST MANAGEMENT PRACTICES (BMP).,.,,,,....83 6.1 FINANCIAL PROFILE.......... 6.2 DEBT PROFILE RELATED... 6:3: OPERATING PROFILE RELATED 5. reer eterer etter eoriiit iii reer serene Water and Wastewater Rale Study xxxEND_PAGE:treasury02_b4_231_338_016 000247 This page intentionally left blank to facilitate two-sided printing, City of Flint xxxEND_PAGE:treasury02_b4_231_338_017 000248 4 EXECUTIVE SUMMARY ti BACKGROUND OF THE STUDY On November of 2015, the City of Flint ("City") engaged Raftelis Financial Consultants ("REC") to perform water and wastewater utility rate studies: Tha scape of services Included the following: 3.2 Evaluate the adequacy of existing water and wastewater revenues ta meet each Utility's projected revenue requirements Develop comprehensive water and wastewater financial plans based on sound financial Mahagement practices fora | 0 year forecast period Determine water and Wastewater rates which adequately recover the cost of operating the water and Wastewater utilities under the existing rate structures and provide alternatives based on.a comprehensive cost of service study Analyze the impact of transitioning from the ase of purchased potable water from the Detroit Water and Sewerage District {“BWSD") to the treatment of raw water from the Karegnondi Water Authority (“KWA"}. Review the City's water and wastewater operations in comparison to Best Management Practices criteria, ADEQUAGY OF EXISTING WATER AND WASTEWATER REVENUES Charts ES-1 and 2 below summarize our ‘conclusions with respect to the adequacy of water aid Wastewater reyenu# at existing rates; As the charts indicate, beginning in FY 2015, water and wastewarer utility revenues are insufficient te recover tach utility's revenue requirement Key drivers uf this disparity are: Amarked decrease in tilled usage, the cause of which is currently being evaluated ly RFC ulider a separate contract. A sormal pattern of declining per customer usage for both utilities overall due to conservation, efficient appliances, etc. Increases in utility revenue requirements associaced with the financial plans lactuding operating cost inflation, capital improvements and policies. which support the sound financial management of each utility in accordance with best manapeniant practices. Consequently, the preposed increases in rate revenue are pecessary to ensure aach utilicy can adequately furd its operation and maintenance expenditures, make payments on existing debt seryice, provide funding for needed capital improvements end ensure adequate operating reserves: Water and Wastewater Rate Study | | xxxEND_PAGE:treasury02_b4_231_338_018 000249 ES-1; Water Utility Revenues at Existing Rates $50,000,000 $45,000,000 $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 515,000,000 $10,000,000 $5,000,000 S55 Total Gross Revenue Requirements ——— Grand Tote! Water Revenue at Existing Rater ——— Proposed Rate Revenue ES-2: Wastewater Utility Revenues at Existing Rates 340,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,060 S$ FY 7014 Fe 291s FY 2016 FY 2017 FY 2018 FY 2019 tsa) Total Gross Revenues Requirements ——— Grand Total Wastewater Revenue et Existing Rates —- Proposed Rate Revenue = | City of Flint xxxEND_PAGE:treasury02_b4_231_338_019 000250 1.4 WATER AND WASTEWATER FINANCIAL PLANS Tables BS-3 and ES-4 below summarize the proposed water and wastewater financial plans and rate revenue increases for the first'5 years of the forecast periad, The financial plans and proposed increased in rate revenues are driven by the following factors: * Inflationary increases in O&M expenditures (or both utilities * For the water titility: o Decreases in revenues associated with the cessation of service to Genesee County © Decreases in O&M expenditures associated with an elimination of DWSD water purchases o Tnereases in C&M expenditures associated with transitioning from backeuw to primary operation of the Flint WTP oO Increases in capital expenditures associated with improvements to the Flint WTP in Preparation for the treatmeny of raw water from KWA o Increases in debt service associated with Flint’s share of projected KWA debt service + Necessary cash funded recapitalization of wastewater utility assets * A build-up, for each utility, of operating reserves equivalent to 90 days of projected O&M expenditures acd debi-service payments, the minimum, according to Anancial management practices ("BMP"), ES3: SUMMARY OF WATER AND WASTEWATER FINANCIAL PLANS Fon Mate vu a a Se Fn red Nave wv thar ae erating (ee sities | Rast t2feisrs = wmins & (Haim + Aw SNe ee ese i ‘ AUgI nd) Me eeive Hm Hele liisreeer eo ' ul LS ws F sorte Ss eran ¢ ' ’ | ee st | oe a | a eee er | {earn serben TEN PHP waa = JGR = Tee F varinn = Tee ara (bara aan es + aoc q2MOn F Dawe 4 ne, 8 TT ek orzo § Wrest ihren = ‘ofan & Woon wWheag (36 fecal ‘ Cer 797 EF Expekt ES FOIE snsen 4 324,002 £ i WaT a os [Craw Vite Wnstewstar avenue at Bo cieg Mates ‘ JAMad banat The veny Ream ively liverreet ! CNM (toa Anrwmruies i he rst on in tor dense Ftc Lia are bial (Goi AEVEwUE TEOUINEMENTE © wis & nm < f 2,033,208 gasore 3 som cs sme eer = mea rn ame 3 oar = los 8 0e3.090 some Amo £ eam F 2024. > 1. Thin = sarta & saasiyans Tas) & 50000 & vO & ntsarsth & aoe kab) THF NT © Water and Wasiewaler Rate Siudy | 3 xxxEND_PAGE:treasury02_b4_231_338_020 000251 ES-4: Annual % Rate Revenue Increases F¥ 2015 PY 2g16 FY2037 FY 2018 FY 2029 Water Ublity Wastewater Utility As indicated in the previous section, water and wastewater uillty revermas at existing rates are not adequate to recover the projected costs: gach utility will incur over the forecast period. Consequently additional rate revenue will bs needed to ensure adequate récovery of each ucility’s revenue requirements. {4 COST OF SERVICE STUDY AND WATER ANG WASTEWATER RATES Table ES-5 below summarizes the results of the water and wastewater cost of service studies, The customer classes included are those which are recognized in the City's existing customer information system ("CIS"). While the City does not currently have etther a water or wastewater rate structure which recognizes these customer classes, rates by customer class have been calevlated and are included as appendices A and B to this report. The totals for each customer class represent the contribution of that class to the overall costs of each utility. This is based on rhe allocation processes described in sections 4 and 5 of this report. Given the transition fram KWA to DWSD the City will not be making any rete structure changes at this time. Itis our opinion that che current water and wastewater rate structures are reasonable. The declining block water rates generally recognizing the fact that higher volume customers (Je. large commercial and industrial) contribute less to peak demand, and overall water utility costs. Additionally, the relatively high propertion of fixed charge revenue recovery provides a less cimarically variable revenue stream, which given that the majorlty of the urillty's ensts are fixed, is entirely appropriate. 9 | City of Flint xxxEND_PAGE:treasury02_b4_231_338_021 000252 ES-5: SUMMARY OF COST OF SERVICE STUDY RESULTS es rT CUSTOMER CLASS Allocated Cost of Service 18,345,672 16,412,799 15,283,704 13,378,697 370,646 Total Outside City Residential COS Total Outside City Cammereiallindusinal COS Total Outside City Lawn OGS Total Outside Clly COS Total Systam Gost of Senice Tables 5-6 and ES-7 summarize the projected fixed and volimetric rates for the first 5 years of the forecast period, given financial plans and rate revenue incraases proposed above. Far every dollar uf rate revenue generated by each utility appraxmately 2.66 is derived from Volutjetrit charges and $,34 js derjyed Tom fixed charges. Ibis typical For water and Wastewater utilities to design fixed charges Which recover, at a miniramm, the costs of métér reading, billing and collection and custamer service, Additonally, hxed charges may also relate to.fixed investment in utility assets associated Wath providing service which is available at all times regardless of usage levels by City customers, These costs, known as readiness (o serve costs, have also been incorporated into the water and wastewater fixed charges. Volumetric rates recover the variable costs associated with operacing the water and wastewater utilities, For the water uulity variable costs are asseciated with water treatment, transmission and distribution, pumping, and storage and are driven primarily by the design requirements associated with peak water usage. For the wastewater utility variable costs are associated with wastewater treatment, collection, and pumping, and are driven by the wastewater yolume and strength, Water and WastewaterRate Study | 6 xxxEND_PAGE:treasury02_b4_231_338_022 000253 Peni! S Increcew bn Rake Ravenuea Varn) inside City Al) Clenene fade Ciry Block § @35 CCF jscer) 5 7a nse City Breck 2 SMM COF OCF) § a Viti Clty Biel 3 abreROI OCF (OCF) 4 4.79 ou! Oued de City Ail Clanvon ‘Cuistte Cy Bleek | oascor (siccry | 3 ues Oviside iy Block ¥ MDM CCR SICK) oS “OTF ‘Mnside Chy Block 5 ow 200CCr OTFA § ae ANtusl % Increase [n Rate Neyonios Tomnt indie City Al Claes Tota) Guede City All Clagsoe 4 City of Fim xxxEND_PAGE:treasury02_b4_231_338_023 000254 ro meee omer es hoes eo p20 vue dese? yeure ge iee 00 it's was raters vonez pray ogee OC ote wee ocnet Of Po we aaa pana aa spews. Se Ce ee ore en or me oe ey Rteise svar rope 1 L00'» efavoe is os oe | um me aie sy FY dort ane 4o0 ole ua ua a8 ordt weet ip ee Great mice weet mith ice Hens 1NGLE am w't5 ter wn re'eay) Weis deere WheREL icone #2 5u6 al epee 6S Our Abba va ved’ TLTANT was! witee al tetetttatatntal nen he ne nee 4 | Ape ary oyemaise ad plterejenh ee a ak it ee or nr me re Ce ed eee eee eee aan io ye ade ese dae We ot0r ite Lise (oats sagt Sutsey 92009 Wwreee sere wee nw Some e400 Tran re ee re — EPSR yHtD GFL gS PART UWA SS9uVHO O3x14 HAL ree Ole ore oeee moe wo tee Ae snes ye seit Mi aba" daeace ® some Hevge's & PS aeht OF hee Leite ae Spb ve a wey a wy ae ed +e weet Pi bac's a's eb cahr St ons wey tee) ie Sr dee ate aa aoe od “Varn ewewe ene we aD * aft at 7 4 at 6 are -t wt ae Hae mara 3 42 toa ENE = the « ey ae wenepe ay 413 APS) Az tt atl oF a “ ” at wes enverpey Alc semi xxxEND_PAGE:treasury02_b4_231_338_024 000255 1.5 TRANSITION FROM OWSb'TO KWA A key aspect of this study involved analyzing the impact of the anticipated Apri) 1, 2014 transition