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Peoria OKs utility rate increases; city says changes recover rising costs and fund water infrastructure
Summary
Council approved multi‑year increases to water, wastewater and solid‑waste rates; staff said the changes cover rising operating, commodity and capital costs and aim to preserve enterprise fund self‑sufficiency.
The Peoria City Council unanimously approved utility rate adjustments on June 3 that raise combined water, wastewater and solid‑waste bills in two phases over fiscal years 2026 and 2027. City staff said the adjustments are needed to cover higher operating costs, capital projects and to ensure each utility’s enterprise fund remains self‑supporting.
Deputy Finance Director Peter Christiansen and utility staff summarized the rate study and public outreach. “Cost recovery is the one we talk the most about,” Christiansen said, explaining that water and…
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