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Raleigh Water proposes modest FY26 rate increases; council authorizes customer notification
Summary
Raleigh Water presented its FY26 operating and capital budgets, recommended incremental per‑unit rate increases and asked council permission to program billing changes and notify large customers; council approved the notification request.
Raleigh Water presented its proposed fiscal year 2026 budget on Thursday and asked the City Council for permission to begin programming billing changes and notify large customers about a planned rate increase; council approved that request.
Whit Wheeler, presenting the utility’s FY26 budget, said the Raleigh Water operating budget would be just over $372 million and the 10‑year capital improvement plan totals about $2.2 billion. Wheeler told council the recommended rate changes are intended to meet the utility’s spending and debt requirements while prioritizing cash over new debt in the near term.
Wheeler described the staff recommendation as modest per‑unit increases across consumption…
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