Summary
To: Finance Advisory Board
From: Amy Lockhart, Interim Finance Director
Date: 7/23/2024
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Subject:
Title
Water Rate Proposal
Summary:
Staff is proposing a 26.5% increase to the current water rate structure.
Based on the average resident’s consumption of approximately 14,000 gallons each month, the increase to the monthly bill would be $36.02
End
Body
Financial Implications: Without a rate increase maintenance and repairs would need to be deferred to a later period.
Recommendation: Staff recommends approval of the proposed water rate increase
Proposed Motion: I move approval of the proposed water rate increase