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Ocean Shores notes monthly sewer‑fund transfer after 3% CPI increase
Summary
Staff reported the council-approved 3% CPI adjustment to sewer rates will increase the monthly transfer from the sewer utility to the sewer improvement fund by about $4,783 (not including consumption charges).
City staff told the finance committee that the council-approved 3% consumer‑price‑index adjustment to sewer rates will, absent consumption changes, increase the monthly transfer from the sewer utility to the sewer improvement fund by about $4,783.
Details: Sarah said the figure does not include sewer consumption charges; it reflects the base transfer impact of the 3% CPI change. The committee received the figure as an informational update tied to recent rate action.
Why it matters: The change increases funds available for sewer improvements but is not a new policy direction — it reflects an approved rate adjustment. Staff said they provided the number to help the committee track fund flows.
Next steps: No formal action required; staff will include the transfer amount in future budget and fund‑balance reporting.
