A RESOLUTION relating to Seattle Public Utilities; adopting a 2021-2026 Strategic Business Plan for Seattle Public Utilities; and endorsing a three-year rate path and a subsequent, three-year rate forecast to support the Strategic Business Plan Update.
Agenda Item 46 Resolution 328000 relating to the Seattle Public Utilities adopting the 2021 three 2026 Strategic Business Plan for Seattle Public Utilities. The committee recommends the resolution be adopted. Thank you so much, Desmond Petersen, back to you to walk us through this report. You're on mute. Thank you. Counts the president over three separate meetings of our committee. We discussed the Strategic Business Plan and rate path for Seattle Public Utilities. Before us today is the corresponding council resolution, which was unanimously recommended by our committee. Keeping utility rates low is important because rates are regressive, with lower income households paying a larger percentage of their household income for utility bills. Fortunately, the average SPU rate increases are expected to be lower than what was originally promised back in 2017 for this time. It's important to note that Sdo's strategic plan and Rate Path have been endorsed by the rigorous customer review panel. There was also a thorough article in the Seattle Times about the Strategic Plan and Rate Path, which explores all the various cost drivers for these rates, including inflation, pass through rates imposed by King County for wastewater environmental protection projects required by our state and federal governments, labor costs and the utilities taxes charged by our general fund. The Council examines and votes on this strategic plan every three years. Our committee unanimously recommends approval of this important resolution. Thank you. Thank you so much, Councilmember Peterson. Are there any additional comments on the resolution? Hearing none. Will the clerk please call the roll on the adoption of the resolution? Well. Sarah. Hi, Peter. Son. Hi. Sergeant. Yes. Strauss. Yes. Lewis. Yes. Whereas I. MORALES Yes. Council President Gonzalez. All right. Eight in favor of. The resolution is adopted and the chair will sign it. Will the clerk please affix my signature to the legislation on my behalf? Is there any other business to come before the Council? I have some business to come before other business to come before the council if there is no objection. I would like to be excused from the May 17th and May 24th City Council meetings. Hearing no objection. I am excused from the May 17th and May 24th City Council meetings. Councilmember Herbold is going to serve as the council president pro tem on both the 17th and the 24th, and she will preside over the council briefing and city council meetings on those dates. And my deep thanks to her for providing me a little bit of coverage as I get away. Okay. Any other further business coming for the council councilmember? Skate up, please. Thank you very much. Madam President, I would also like to be excused from full council and from the morning briefing on the morning of Monday, June 14th, please. Oh. Hey, if there is no objection, Councilmember Mosqueda will be excused from the June 14th City Council meetings. And I say no. I even gave her a heads up because of her. Everything? Yeah. It's all right. Hearing no actual objection, Councilmember Mosqueda will be excused from the June 14th City Council meetings. And there are any. Is there any other further business to come before the council? All right. Hearing on colleagues this does conclude the items of business on today's agenda. All 46 items of business on the agenda. At. Our next regularly scheduled city council meeting is on Monday, May 17, 2021, at 2:00 PM. Again, that full council meeting will be presided over by Council President Pro Tem. Councilmember Lisa Herbold. And I hope that you all have a wonderful afternoon. Thank you so much. We are adjourned.