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Board approves 3% simplified water rate increase authorized by PSC
Summary
The Village approved a 3% simplified rate increase for the municipal water utility, a mechanism available through the Wisconsin Public Service Commission; staff said the increase helps rebuild utility net income after recent capital expenses.
Village staff explained that the Wisconsin Public Service Commission allows a simplified annual rate increase for eligible municipal water utilities, capped at 3% for eligible years. Staff recommended the village apply the 3% simplified increase and the board approved the measure.
Why it matters: Staff said applying the simplified increase…
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