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Everman staff proposes 5% water-rate increase; council asks staff to draft ordinance
Summary
City staff presented a proposed 5% increase to the water portion of utility bills to cover system costs, rebuild reserves and fund capital improvements; no sewer increase proposed. Council asked staff to draft an ordinance for a future vote.
City staff told the Everman City Council on July 22 that it plans to propose a 5% increase to water rates and will draft an ordinance to amend the city’s fees for a future meeting. The staff presentation said the suggested change would raise the water base rate and step charges while leaving sewer rates unchanged. The proposal aims to ensure the water enterprise fund covers the full cost of providing service, rebuild a three-month operating reserve and fund capital improvements so the city does not rely on the general fund or take new debt. Staff told the council the water fund’s unrestricted balance is about $700,000 and the fiscal 2024 water…
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