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FIRM OVERVIEW AND BACKGROUND <br /> FINANCIAL SERVICES Representative Financial Services and Rate Study Reports <br /> AND RATE STUDIES Client/Project <br /> Carollo's financial services expertise City and County of Honolulu,Refuse Division,HI/Financial Model Analysis and Update <br /> includes revenue program analyses,rate City and County of Honolulu,Wastewater Division,HI/Engineer's Bond Report for 2005- <br /> and connection fee studies,cost allocations, 2007 and 2010 <br /> project financing,and general financial Pajaro Valley Water Management Authority,CA/Basin Management Plan and Cost of <br /> planning services for water and wastewater Service Study <br /> clients.Carollo's engineering perspective <br /> allows us to provide our clients with detailed, San Francisco Public Utilities Commission,CA/Utility Rate Study <br /> supportable cost allocations based on the San Diego County Water Authority,CA/Financial Rate Modeling Project <br /> functional design of the utility system.This Hi-Desert Water District,CA/Funding Support and Rate Study for Septic Tank <br /> approach ultimately provides equity Conversion Project <br /> and defensibility. Los Carneros Water District,CA/Funding Support for Recycled Water Project <br /> City of Kansas City,MO/Funding Support for Biosolids Project <br /> Carollo is one of the most Oklahoma City,OK/Cost of Service,Rate Design and Financial Planning <br /> successful rate consultants Eastern Municipal Water District,CA!Cost of Service Rate Study <br /> in the U.S. delivering San Antonio Water System,D(/Capital Improvements Plan and Import Fee Analysis <br /> hundreds of rate studies <br /> for clients with service area City of Oceanside,CA/Integrated Master Plan <br /> populations ranging in size City of Simi Valley,CA/AssetReliability, Assessment and Financial Plan o <br /> from several hundred to City of Riverside,CA/Integrated Wastewater Master Plan z <br /> over 4 million. o <br /> T <br /> D <br /> S 1 .:-7_ <br /> 77:7, <br /> o <br /> D <br /> : 7/-1%• - '' .11411trAolrie. -.. - ,. A-\ , - .., .. . -1 <br /> South Coast Water District,CA San Diego County Water City and County of Honolulu,HI <br /> Water,Sewer,and Recycled Water Authority,CA Financial Model Analysis and Update o <br /> Rate Study Cost-of-Service Rate&Charge Study for the Refuse Division o <br /> Z <br /> The South Coast Water District retained Carollo to San Diego County Water Authority(SDCWA)hired The City and County of Honolulu contracted D <br /> perform a comprehensive cost-of-service and rate Carollo to develop an independent rate model Carollo for the Refuse Division Financial Model m <br /> design study.Through an extensive education and as well as to review their existing cost-of-service Analysis and Update.Carollo worked closely with o <br /> public input workshop process,Carollo developed methodology to confirm the appropriateness of City staff and updated the Division's financial w <br /> various cost-of-service rate design alternatives to the existing structure,and for compliance with model with the most recent data,including key N <br /> balance the District's competing objectives. AWWA cost-of-service standards and industry assumptions,revenues and expenditures,capital A <br /> best practices.Additionally,we were requested to improvement projects,and debt services.Based 1 <br /> Facing declining revenues(due to the drought) compare the rates and charges with Board policies on the updated data,revenue requirements were <br /> and a need to develop resilient revenues,we and state legal requirements. developed,and a cost of service analysis and rate o <br /> developed an innovative rate design to provide design were performed. K <br /> greater fixed revenues while still providing We established revenue requirements,allocated c <br /> an incentive to conserve.Carollo's keen it to rate categories,and determined the rates to The analysis had to determine ways to assess solid <br /> understanding of engineering and finance,also equitably collect these costs. waste user fees for residential and commercial -0 <br /> r <br /> provided cost based refinements to the District's collection,as well as bulky item collection service, z <br /> Recycled Water and Sewer Rate. Ultimately,we determined that the existing drop-off sites,and special commercial collection z <br /> z <br /> methodology yields an appropriate and reasonable areas that receive services at a significantly c) <br /> Following the conclusion of the study,the District method for allocating costs.The manner in which discounted rate.It also had to reflect collection <br /> General Manager and entire Board of Directors each of the rates and charges were allocated to operations,transfer operations,various recycling a <br /> penned a letter recognizing our exceptional SDCWA's member agencies bore a fair,reasonable, services,and the Honolulu Program of Waste D <br /> understanding of cost of service and ability to and logical relationship to each member agency's Energy Recovery(H-POWER). D <br /> clearly distill technical details and communicate to burdens on or benefits from SDCWA services. D <br /> the Board and stakeholders. Carollo successfully delivered the updated model o <br /> with the additional features,including a dashboard z <br /> that summarizes the results. <br /> CAROLLO / QUALIFICATIONS / JUNE 2023 30 <br /> E:APursuits VClient83(HONI HawaiiCountylEnvMgmtDept On-Call FY23-24VOua106231PL.4 CmntyPIng_CmntyVInddAOl_FirmOverview_PL4 <br />