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Council liaison: City adopted new utility rates after year‑long study; residential increases lowered by borrowing strategy
Summary
Snoqualmie Council liaison Council Member Johnson told the planning commission May 19 that the City Council adopted updated utility rates following a year‑long rate study and chose an approach that spread costs over time using borrowing, lowering the immediate residential increase to roughly 7%.
Council Member Johnson, serving as the planning commission’s council liaison, briefed commissioners on the City Council’s recent adoption of new utility rates, summarizing a year‑long rate study and the council’s decision to rely primarily on a borrowing strategy to reduce immediate rate impacts.
Johnson explained the council considered three broad approaches: fully funding…
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