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Council previews sewer-rate adjustments to cover increased capital and treatment costs
Summary
City staff and consultants recommended modifying the sewer-rate structure, shifting some burden to larger commercial/industrial accounts and adjusting fixed and volume charges to cover about $120,000 per year in debt service and higher operating costs.
City staff told the Two Rivers City Council they will propose changes to sewer utility rates to fund ongoing capital reinvestment and increased operating costs, including new requirements from state regulators and anticipated debt coverage for recent and planned borrowing.
Staff and consultant analysis presented to the utilities committee identified a roughly $120,000-per-year revenue need to maintain debt-service coverage…
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