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Wetumpa Water Board approves $16.57M budget, sets water rate at $4.41 per 100 cubic feet
Summary
The Wetumpa Water Board voted to resubmit a $16,571,442 budget to city council and approved a $4.41 per 100 cubic feet water rate; board and staff said the changes reduce the near-term rate increase but may strain long-term reserves and grant competitiveness.
The Wetumpa Water Board voted to resubmit a $16,571,442 budget to the city council and approved a water rate of $4.41 per hundred cubic feet at its meeting.
The action follows the city council’s direction that the previously approved budget was not acceptable, prompting board staff to revise the proposal and cut capital and personnel items to lower the projected rate increase. President Terrio, president of the Wetumpa Water Board, called for the motions; the board approved both the revised budget and the $4.41 rate by voice vote.
The administrator of public utilities (name not specified) told the board the original consultant recommendation called for larger increases. “The original proposed rate…
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