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Concord to propose 7.75% water rate increase; staff urges shift in revenue mix toward availability fee
Summary
City staff told the Finance Committee that lower water usage in FY25 reduced revenues and that the FY26 budget proposes a 7.75% rate increase driven primarily by capital and debt service needs; staff recommended adjusting the fixed availability charge to stabilize revenue.
City staff told the Finance Committee on June 2 that fiscal 2025 water revenues were below budget because usage was down, and the FY26 budget includes a 7.75% water rate increase to help cover capital and debt service costs.
The manager's presentation said FY25 revenues were down $159,000 from budget because water usage fell; the FY26 budget shows a 7.75% rate increase that staff estimate would raise the typical water portion of a household bill by about $1.65 per month. Staff said the FY26 revenue increase is also driven by a projected…
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