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Stantec study finds modest rate path for sanitation fund; recommends 3.5% annual increases
Summary
Consultant Stantec told the Flagler Beach commission that 3.5% annual rate increases would sustain sanitation operations and planned vehicle replacements for the next decade, while warning that higher costs or earlier capital spending could require larger increases.
A consultant’s financial analysis presented to the Flagler Beach City Commission recommends modest, predictable rate increases to preserve the sanitation fund’s reserves and cover scheduled capital replacements.
Peter Napoli of Stantec Consulting told the commission the analysis used the city’s 2025 budget as a base and projected operating costs and capital needs over a 10-year horizon. Under an assumed pattern of 3.5% annual rate increases, Stantec…
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