This site is in beta — data may be incomplete and features are still being added.
Committee of the Whole/Documents/ATTACHMENT A Scenario A Details
Appendix

ATTACHMENT A Scenario A Details

December 10, 2019Pages 25–261 section

Financial modelling for Scenario A, which recovers 100% of sewer costs based on winter water consumption.

2 APPROVAL OF AGENDA
Effective Rate: $4.38 per m3Modeled impacts on residential and non-residential propertiesVictoria General Hospital consumption over 79,000 m3

ATTACHMENT A

Scenario A Details

100% revenue based on winter water consumption at $4.38/m3

Residential impacts on properties with assumed consumption of 77 m3*:

Assessed Value ($) Count CURRENT METHOD: CRD Sewer Tax ($) CURRENT METHOD: VR Sewer User Fee ($) CURRENT METHOD: Total Charges ($) CURRENT METHOD: Effective Rate /m3 SCENARIO A: Total Charges ($) SCENARIO A: Change ($) SCENARIO A: Effective Rate /m3
<= 100,000 95 36.22 138.08 174.30 2.26 337.26 +162.96 4.38
> 100,000 <= 700,000 2,133 253.51 138.08 391.59 5.09 337.26 -54.33 4.38
> 700,000 <= 1,500,000 1,448 543.23 138.08 681.31 8.85 337.26 -344.05 4.38

*up to an assessed value of $1,500,000. There are 57 residential properties with an assessed value greater than $1.5 million.

Residential impacts on properties with assumed assessed value of $700,000*:

Consumption Count CURRENT METHOD: CRD Sewer Tax ($) CURRENT METHOD: VR Sewer User Fee ($) CURRENT METHOD: Total Charges ($) CURRENT METHOD: Effective Rate /m3 SCENARIO A: Total Charges ($) SCENARIO A: Change ($) SCENARIO A: Effective Rate /m3
<= 25 m3 111 253.51 58.52 312.03 12.48 109.50 -202.53 4.38
> 25 m3 <= 77 m3 1034 253.51 138.08 391.59 5.09 337.26 -54.33 4.38
> 77 m3 <= 150 m3 912 253.51 249.77 503.28 3.36 657.00 +153.72 4.38

*with consumption up to 150 m3. Strata properties are excluded, as consumption data is not available for individual strata units.

Sample residential impact to strata properties:

Sample Average Strata Unit consump tion (m3) Strata Unit Average Assessed Value ($) CURRENT METHOD: CRD Sewer Tax ($) CURRENT METHOD: VR Sewer User Fee ($) CURRENT METHOD: Total Charges ($) CURRENT METHOD: Effective Rate /m3 SCENARIO A: Total Charges ($) SCENARIO A: Change ($) SCENARIO A: Effective Rate /m3
Strata A 55 395,980 143.41 104.42 247.83 4.51 240.90 -6.93 4.38
Strata B 92 507,825 183.91 161.03 344.94 3.75 402.96 +58.02 4.38
Strata C 143 379,650 137.49 239.06 376.55 2.63 626.34 +249.79 4.38

Sample residential impact – highs:

Service Address Consump tion (m3) Assessed Value ($) CURRENT METHOD: CRD Sewer Tax ($) CURRENT METHOD: VR Sewer User Fee ($) CURRENT METHOD: Total Charges ($) CURRENT METHOD: Effective Rate /m3 SCENARIO A: Total Charge s ($) SCENARIO A: Change ($) SCENARIO A: Effective Rate /m3
2861 Craigowan 16,840 49,789,000 18,031 29,029 47,060 2.79 73,759 +26,699 4.38
340 Island Hwy 4,658 7,113,000 2,576 9,340 11,916 2.56 20,402 +8,486 4.38
210 Island Hwy 1,722 1,760,000 637 2,979 3,616 2.10 7,542 +3,926 4.38

Non-residential impacts – highs and lows:

Service Address Consum ption (m3) Assessed Value ($) CURRENT METHOD: CRD Sewer Tax ($) CURRENT METHOD: VR Sewer User Fee ($) CURRENT METHOD: Total Charges ($) CURRENT METHOD: Effective Rate /m3 SCENARIO A: Total Charges ($) SCENARIO A: Change ($) SCENARIO A: Effective Rate /m3
127 Burnett Rd 7,552 12,289,800 4,772 16,654 21,426 2.84 33,078 +11,652 4.38
199 Island Hwy 4,410 3,807,000 3,542 7,051 10,593 2.40 19,316 +8,723 4.38
490 Island Hwy 3,969 2,758,000 2,447 7,370 9,817 2.47 17,384 +7,567 4.38
1495 Admirals Rd 12,350 34,034,000 30,197 21,383 51,580 4.18 54,093 +2,513 4.38
498 Island Hwy 2,265 4,574,600 3,946 3,840 7,786 3.44 9,921 +2,135 4.38
1708 Island Hwy 6,886 27,318,000 24,238 11,402 35,640 5.18 30,161 -5,479 4.38
1519 Admirals Rd 3,569 17,602,000 15,618 5,803 21,421 6.00 15,632 -5,789 4.38
1730 Island Hwy 395 8,784,000 7,794 775 8,569 21.69 1,730 -6,839 4.38
1652 Island Hwy 25 10,461,000 9,282 251 9,532 381.30 110 -9,422 4.38
1 Adams Pl 163 14,112,900 12,430 270 12,700 77.91 714 -11,986 4.38
1621 Island Hwy 77 15,961,000 14,162 138 14,300 185.71 337 -13,963 4.38
120 Hallowell Rd 245 15,477,000 14,818 415 15,233 62.18 1,073 -14,160 4.38
33 Helmcken Rd* 12,376 108,358,000 85,560 21,724 107,284 8.67 54,207 -53,077 4.38

* Includes both residential and commercial units

Institutional impacts:

Service Address Consump tion (m3) Assessed Value ($) CURRENT METHOD: CRD Sewer Tax ($) CURRENT METHOD: VR Sewer User Fee ($) CURRENT METHOD: Total Charges ($) CURRENT METHOD: Effective Rate /m3 SCENARIO A: Total Charges ($) SCENARIO A: Change ($) SCENARIO A: Effective Rate /m3
1 Hospital Way 79,290 0 0 143,205 143,205 1.81 347,290 +204,085 4.38
2750 Shoreline Dr 627 0 0 1,659 1,659 2.65 2,746 +1,087 4.38
218 Helmcken Rd 550 0 0 1,510 1,510 2.75 2,409 +899 4.38
Page 25–26
Extracted from: 2019 12 10 Committee of the Whole Agenda - Agenda - Pdf