To: Honorable Mayor and Members of Town Council
Through: David L. Corliss, Town Manager
From: Mark Marlowe, Director of Castle Rock Water
Nichol Bussey, Business Solutions Manager
Title
Ordinance Amending Chapters 3.16, 4.04, 13.12, 13.15, and 13.30 of the Castle Rock Municipal Code by Changing Stormwater Development Impact Fees, Renewable Water Resource Fees, Water and Wastewater System Development Fees, and Water, Water Resources, Wastewater and Stormwater Rates and Surcharges (First Reading)
Body
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Executive Summary
Castle Rock Water (CRW) seeks Town Council approval of an Ordinance (Attachment A).
A primary goal of the annual rates and fees study is to evaluate the long-term financial plan for CRW to ensure that future rates and fees will cover future costs of service.
Budget Impact
There is no impact to the budget.
Staff Recommendation
Based on the 2026 Study staff recommends the following changes to the 2027 rates and system development fees for a single-family equivalent (SFE).
Water Fund
1. Fixed Monthly Charge - 5% Increase
2. Volumetric Rates - 5% Increase
3. System Development Fee - 20% Increase
Water Resources Fund
1. Fixed Monthly Charge - 8% Increase
2. System Development Fee - 7.5% Increase
Stormwater Fund
1. Fixed Monthly Charge - 5% Increase
2. Development Impact Fee - 0% Increase Plum Creek Basin and 156%
Increase Cherry Creek Basin
Wastewater Fund
1. Fixed Monthly Charge - 1% Increase
2. Volumetric Rate - 1% Increase
3. System Development Fee - 8.5% Increase
Staff recommends moving forward with these recommended rates and fees, finalizing the “2026 Study” report and all of the associated data, and bringing the appropriate ordinances to Town Council for approval in accordance with the proposed schedule.
Proposed Motion
“I move to approve the Ordinance as introduced by title.”
Alternative Motions
“I move to approve the resolution as introduced by title, with the following conditions: (list conditions).
“I move to continue this item to the Town Council meeting on (date) to allow additional time to (list information needed).”
Attachments
Staff Report
Attachment A: Ordinance
Attachment B: Volume 1
Attachment C: Volume2