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Commission approves long-range water and sewer cash-flow analysis; staff to time water rate case around asset in‑service dates
Summary
The Village Utility Commission on Aug. 13 approved a 10‑year water and sewer cash‑flow analysis and instructed staff to time a water rate case to the in‑service dates of major projects and to continue a sewer rate review.
The Village Utility Commission on Aug. 13 approved a long‑range cash‑flow analysis for the village’s water and sanitary sewer utilities and gave staff direction to advance a water rate study and a second‑phase sewer billing review.
John, identified in the meeting as a consultant, presented a 10‑year financial model showing that the water utility faces capital needs and regulatory constraints that could require a sizable rate adjustment under a worst‑case scenario. John said the analysis "shows that is needing to happen is, a 22 and a half percent increase that could take effect as soon as next year," and that subsequent increases could follow in later years depending on project timing and regulatory review.
Staff emphasized that the…
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