HomeMy WebLinkAbout190716_x_select_slide_150303 2015 SotU Presentationwww.EdinaMN.govState of the Utilities Water, Sanitary, StormCity Council Work SessionMarch 3, 2015
www.EdinaMN.gov•If we had to replace the entire system today, what would it cost?•Each year we replace a percentage of the system, are we investing enough?•What percentage of the system do we replace each year at current level of funding?2015 System Replacement Value
www.EdinaMN.gov•Where do we project growth?
www.EdinaMN.gov•Where do we project growth?•Public/Private system interface
www.EdinaMN.gov•Where do we project growth?•Public/Private system interface•Policy Alternatives
www.EdinaMN.gov•Historic Aerial Photos / Age of Home Data•Assumed replacement need–5% @ 50yr–15% @ 60yr–25% @ 70yr –25%, @ 85yr–20%, @ 100yr–10% @ >150yr Life Cycle (LC)•~80-85 year average first cycle replacement
www.EdinaMN.gov
www.EdinaMN.gov80 year LC70 year LC100 year LC
www.EdinaMN.govBuild‐outBuild‐outInfrastructure DividendsInfrastructure DividendsCommitment to Reinvest?Commitment to Reinvest?Maintenance GenerationMaintenance Generation
www.EdinaMN.govPublic Works BalanceFunding & PrioritizationRisk / Average AgeOperations & MaintenanceService LevelCapital Improvement
www.EdinaMN.gov
www.EdinaMN.gov
www.EdinaMN.gov
www.EdinaMN.govPublic Works – 2015 Storm Catch Basin Repair
www.EdinaMN.govFlood Plain Updates•Regional and local flooding
www.EdinaMN.govFlood Plain Updates•Regional and local flooding•FEMA flood plain
www.EdinaMN.govFlood Plain Updates•Regional and local flooding•FEMA flood plain•Local flood areas (identified in 2011 CWRMP)
www.EdinaMN.govFlood Plain Updates•Regulatory gaps•Revised FEMA maps for Hennepin County•Ordinance revisions•2016 update to Edina’s model•Community Rating System (CRS)•Communities complete additional flood plain management activities •Rewarded with flood insurance premium discounts for residents and businesses•10-45% premium reductions possible