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<br />-4-
<br />
<br />--- I
<br />C't IUt"l't CUSTOr'.1ER USAGE PER MONTH IN GALLONS
<br />lY llY - . -
<br />~_,,___,,__n,,____~-,-Q9~ -~,-Q.Q.~-,,~.,J~2, lq~~ !_qo"J!QQ _500.!=~~5,000,000 50,QOQ.,09~
<br />
<br />Martinsville-Current $2.75 $3.851 $4.85 $ 5.85 $ 50.85 $1'/9.59 $ 3,224.59 $10,574.59
<br />----- ,,'
<br />
<br />~.
<br />
<br />Martinsville-Proposed 3.50 4.90
<br />Henry Co. P.S.A. 7.00 7.00
<br />--
<br />
<br />Danville 6.117.01
<br />Lynchbu~ 4.63 6.06
<br />Salem 4.50 5.40
<br />Covington 9.58 9.58
<br />Radford 4.94 6.88
<br />Petersburg 5.48 7.80
<br />Winchester ~~~~
<br />Roanoke ~~
<br />
<br />6.18 7.46
<br />
<br />.-.
<br />9.00 11. 00
<br />7.91 8.81
<br />7.96 9.80
<br />7.20 9.00
<br />9.58 9.58
<br />
<br />8.68 10.48
<br />10.12 12.44
<br />
<br />5.60 7.20
<br />
<br />6._591_~1.61
<br />
<br />68.90
<br />~.
<br />101.00
<br />
<br />49.31
<br />
<br />GG.68
<br />
<br />69.00
<br />
<br />75.00
<br />
<br />82.57
<br />
<br />77.54
<br />
<br />79.20
<br />
<br />50.21
<br />
<br />235.80
<br />501. 00
<br />211. 31
<br />256.68
<br />348.00
<br />317.00
<br />301. 57
<br />298.54
<br />399.20
<br />210.21
<br />
<br />5,310.80
<br />15,001.00
<br />5,431.31
<br />4,696.68
<br />5,753.00
<br />6,987.00
<br />6,481.57
<br />6,863.54
<br />5,849.20
<br />3,237.21
<br />
<br />17,560.80
<br />
<br />50,001..00
<br />18,031. 31
<br />15,196.68
<br />
<br />18.003.00
<br />
<br />23,087.00
<br />21,181. 57
<br />._-
<br />
<br />22,613.54
<br />18.099.20
<br />9,88'7.21
<br />
<br />Notwithstanding the effect on individual customers or classes of
<br />customers, the proposed rate revision would have an appreciable impact
<br />on Water Fund revenues. Assuming the current consumption patterns
<br />and a 2% increase in consumption overall, the new revenue picture will
<br />be:
<br />
<br />Fiscal Year
<br />
<br />1980-81
<br />
<br />1981- 82
<br />1982- 83
<br />1983- 84
<br />1984- 85
<br />
<br />Estimated Water
<br />Fund Revenue
<br />
<br />$ 911,000 (11 months/new rate)
<br />
<br />949,000
<br />
<br />967,000
<br />
<br />985,000
<br />
<br />1,003,000
<br />
<br />Expenditure Situation
<br />Overall, Water Fund expenditures during the last fiscal year were
<br />approximately $615,000. If we divide that figure by the total number of
<br />gallons metered and sold during the year (l~ billion), we find that our
<br />cost per thousand gallons was about 4U. This figure must be kept in
<br />view when considering the current and proposed rate schedules.
<br />
<br />Based on current operating experience, and assuming (a) 8% inflation
<br />and (b) a ,depreciation allowance based on a 50-year life of the water system,
<br />the following expenditure projections can be made:
<br />
<br />~----"_.._~~",,,,._----~,-_,,,~..~.I."~-~''''''-''''--''--''"''"''''''"
<br />
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