New Utility Rates Reflected on November Bill
Published:
<< Back to NewsMon 11/14/22
On January 23, 2018, the City Council adopted new utility rates as set forth in the financial plan and utility rate model created by Raftelis Financial Consultants, Inc. (RFC). The adjustments consist of the following proposed increases to water and sewer rates over a five-year period:
- Fiscal Year 2019: 8%
- Fiscal Year 2020: 6.5%
- Fiscal Year 2021: 6%
- Fiscal Year 2022: 2.5%
- Fiscal Year 2023: 5%
Staff reviews the utility rate model on an annual basis to ensure the rate adjustments are appropriate, and the 5% increase anticipated for Fiscal Year 2023 was approved by Council at the September 13, 2022 meeting.
You can watch the Council’s utility rate discussion here.
The stormwater fees are not scheduled to change this year; however, fees for trash and recycling will increase from $12.56 to $13.24, per single-family home, per the Town's contract with CWD.
The new utility rate went into effect on October 1 and will appear on the utility bill residents will receive in November. The CWD rate change took effect on November 1 and will be reflected on the December utility bill.
The average customer will see a 4% (or $3.13 per month) increase in their bill (rates vary based on usage). For more details on utility rates, please visit the Town's website.
