The City has not increased water or wastewater rates since 2011, and surface water rates have not increased since 2014. The Integrated Water Resources Plan identifies substantial capital investment ahead of the mandated 60% reduction in groundwater. Continued capital and operating investment into the system is necessary to ensure the safest and most reliable utility system for our customers.
The utility rate study will help the City design a rate structure to achieve the revenues needed based on industry best practices, and only recommend the rate increases that are necessary to maintain a self-supporting utility system. While necessary, future increases will be structured to ensure the financial sustainability of the system around smaller annual increases instead of larger less frequent increases.