SEATTLE CITY COUNCIL - Record No: Res 32136

• Record No: Res 32136
• Version: 1
• Type: Resolution (Res)
• Status: In Committee
• Current Controlling Legislative Body: Parks, Public Utilities, and Technology Committee
• On agenda: 6/26/2024
• Title: A RESOLUTION relating to Seattle Public Utilities; adopting a 2025-2030 Strategic Business Plan for Seattle Public Utilities; and endorsing a three-year (2025-2027) rate path and a subsequent, three-year (2028-2030) rate forecast to support the Strategic Business Plan Update.
• Sponsors: Joy Hollingsworth
• Supporting documents: 1. Summary and Fiscal Note, 2. Summary Ex A – SPU Financial Summary Report, 3. Summary Ex B - Executive Summary, 4. Presentation (Updated; 6/27/24)

Date	Ver.	Action By	Action	Result
6/26/2024	1	Parks, Public Utilities, and Technology Committee	discussed
6/18/2024	1	City Council	referred
6/10/2024	1	Council President's Office	sent for review
6/5/2024	1	City Clerk	sent for review
6/5/2024	1	Mayor	Mayor's leg transmitted to Council

CITY OF SEATTLE
RESOLUTION _________________
title
A RESOLUTION relating to Seattle Public Utilities; adopting a 2025-2030 Strategic Business Plan for Seattle Public Utilities; and endorsing a three-year (2025-2027) rate path and a subsequent, three-year (2028-2030) rate forecast to support the Strategic Business Plan Update.
body
WHEREAS, Resolution 31534, approved by the City Council on August 11, 2014, adopted the Seattle Public Utilities (SPU) 2015-2020 Strategic Business Plan; and
WHEREAS, SPU's Strategic Business Plan establishes the utility's vision, mission, and strategic framework, and highlights utility initiatives and investments, and essential service delivery levels; and
WHEREAS, Resolution 31534 also directed SPU to review and update the Strategic Business Plan every three years, adding three years to the Strategic Business Plan and re-evaluating the three-year rate path and subsequent three-year rate forecast; and
WHEREAS, Resolution 31760, approved by the City Council on November 13, 2017, adopted SPU's 2018-2023 Strategic Business Plan Update; and
WHEREAS, Resolution 32000, approved by the City Council on May 10, 2021, adopted SPU's 2021-2026 Strategic Business Plan Update; and
WHEREAS, SPU completed a process to thoroughly review and revise its Strategic Business Plan covering the years 2025 through 2030; and
WHEREAS, that strategic planning update process included extensive collaboration with SPU's Customer Review Panel, employee engagement, and community outreach and research, including stakeholder meetings, business community interviews, non-English-speaking outreach, online surveys, and social media; and
WHEREAS, the resulting proposed 2025-2030 Strategic Business Plan contains an updated, three-year rate path and three-year rate forecast for water, drainage, wastewater, and solid waste rates developed by identifying, evaluating, and recommending reductions and priority additions to current utility expenditures, resulting in average rate ...