Raftelis Water and Sewer Rate Study - Preliminary Results

Raftelis Financial Consultants, Inc. (Raftelis) was engaged by the Town of Lincoln, New Hampshire (Town or Lincoln) to conduct a Water and Sewer Rate Study in order to assess the financial situation of the Town’s Water and Sewer utilities, and to develop water and sewer rates and subsequent customer impacts of changing the Town’s existing methodology for billing water and sewer. This memo will serve as a project update as to the work that we have completed, assumptions made, and the analyses that we have completed thus far. Raftelis has developed a Rate and Financial Model that projects revenue and revenue requirements to fiscal year (FY) 2050, as well as an affordability dashboard that calculates the financial burden of customers who fall into the lowest quintile, or the bottom 20% of the range of household incomes in the Town, and median household income brackets.

Raftelis Financial Consultants, Inc. (Raftelis) was engaged by the Town of Lincoln, New Hampshire (Town or Lincoln) to conduct a Water and Sewer Rate Study in order to assess the financial situation of the Town’s Water and Sewer utilities, and to develop water and sewer rates and subsequent customer impacts of changing the Town’s existing methodology for billing water and sewer. This memo will serve as a project update as to the work that we have completed, assumptions made, and the analyses that we have completed thus far. Raftelis has developed a Rate and Financial Model that projects revenue and revenue requirements to fiscal year (FY) 2050, as well as an affordability dashboard that calculates the financial burden of customers who fall into the lowest quintile, or the bottom 20% of the range of household incomes in the Town, and median household income brackets.